andrew is choosing between four loans. loan p has a nominal rate of 10.393%, compounded daily. loan q has a nominal rate of 10.516%, compounded weekly. loan r has a nominal rate of 10.676%, compounded monthly. loan s has a nominal rate of 10.755%, compounded annually. which loan will give andrew the best effective interest rate?

Answers

Answer 1

Andrew will choose loan s - which have a nominal rate of 10.755%, compounded annually.

What is a loan?The term loan refers to a type of credit instrument in which an amount of money is lent to another party in exchange for future repayments of value or principal. Lenders often add interest or financing costs to the principal, which the borrower must repay in addition to the principal balance.A loan is a provision of money to another party in exchange for repayment of the loan amount plus interest.A lender considers a potential borrower's income, creditworthiness, and debt level before deciding to provide a loan.Loans may be secured by collateral, such as a mortgage, or unsecured, such as a credit card, gold, and property. A revolving loan or line can be issued, repaid, and reissued, while a term loan is a fixed interest rate loan with a fixed interest rate.loans are available as a one-time amount specified or as a permanent line of credit up to a specified limit. Loans come in many forms, such as: secured loans, unsecured loans, commercial loans, and personal loans.

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Related Questions

how are aggregate supply and stagflation related? stagflation usually causes an adverse shift in aggregate supply. an adverse supply shift usually causes stagflation. stagflation only follows inflation, with no relation to aggregate supply. there is no relationship between the two.

Answers

Aggregate supply and stagflation are related as an adverse supply shift usually causes stagflation.

Stagflation is the natural result of monetary pumping, which slows the rate of economic growth while increasing the rate of price increases for goods and services."Stagflation is a type of economic condition characterized by slow economic growth, high unemployment, and rising prices.

It is characterized by three negative characteristics: slower economic growth, higher unemployment, and higher prices.This is not a combination that should exist according to economic logic. When people have less money to spend, prices should not rise.

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ow did the use of water as a power source limit the development of industry? multiple choice question.

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The use of water as a power source limited the development of the industry as the proximity of flowing water was required for mills.

The family was altered by industrialization because it went from being a unit of production to a unit of consumption, which reduced fertility and changed how spouses, parents, and children interacted with one another. Depending on social class and occupation, this change happened unevenly and gradually. Factory owners had little influence because it was simple to hire immigrants who would work for less money in their place.

However, during the Industrial Revolution, corporate investors built mills and factories for production that used water power on a much larger scale and for various purposes, producing an extraordinary amount of textiles, shoes, paper, and iron goods for markets all over the world.

 

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the standard materials cost to produce 1 unit of product r is 4 pounds of material at a standard price of $40 per pound. in manufacturing 8,000 units, 31,000 pounds of material were used at a cost of $41 per pound. what is the total direct materials variance?

Answers

Material cost variances are price differences that result from differences in the cost of actual materials and standard materials.

Material rate variance and material quantity variance are the two categories into which they are broken down. It can be calculated as the sum of the differences in material efficiency and price.

Materials in standard pounds (4 pounds divided by 8,000 units): 32,000 multiplied by: Per pound, the standard rate of material is $40. The standard cost of the material is as follows: Favorable direct material cost variance (C) - (D) $ 9,000 Actual cost of materials (31,000 pounds x $41)

How is variance in material cost calculated?

1.Variance in Direct Material Costs is the sum of the actual cost of direct materials utilized and the standard cost of direct materials specified for actual output. The typical price for direct materials is: The standard cost per unit of direct materials is multiplied by the standard quantity.

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owns a home in yukon, oklahoma. a babysitter he hires breaks her leg when she trips over the dog. what part of his homeowner's insurance would cover this loss?

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He employs a nanny, but she trips over the dog and breaks her leg. This loss would be covered by the Personal Liability portion of his homeowner's insurance.

What is covered by a personal liability policy?

If you're accountable for someone else's losses or injuries, personal liability coverage, also known as personal liability insurance, safeguards your finances. Family members of the household are covered, so if your child unintentionally damages a neighbor's property, you might be protected.

Personal injury protection is it covered by personal liability?

You are protected by personal liability insurance against lawsuits stemming from injury to others and property damage.

Do personal injury claims get covered by insurance?

A car insurance policy's personal accident cover pays out benefits to you or your family in the event of injuries or fatalities brought on by auto accidents. If you are not at fault for an accident, the at-fault party's insurance company will cover any personal injury claims.

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what can you conclude about japanese values based on what they borrowed and did not borrow from the chinese?

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The Japanese values are popular in the whole world for their respect, love and adoration. They have borrowed these elements from various counties specially China.

Values borrowed and not borrowed from china

The Japanese valued Buddhism over Confucian ideas of meritThe Japanese valued Korean culture over Chinese cultureThe Japanese valued inherited status over merit and competence.

It was done through by sending nobles, students , monks , traders and officials to different part especially china.

Japan was greatly influenced by China's astronomy.influence of cardinal direction.Tosim, Buddhism, culture and language

This is what   Japanese values based on what they borrowed and did not borrow from the Chinese

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if in some year nominal gdp was $18 billion and the gdp deflator was 120, what was real gdp? a. $6.7 billion. b. $15 billion. c. $21.6 billion. d. $38 billion.

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if in some year nominal GDP was $18 billion and the GDP deflator was 120 $15 billion will be the real GDP.

How would you work out genuine Gross domestic product utilizing Gross domestic product deflator and ostensible Gross domestic product?

By and large, computing genuine Gross domestic product is finished by partitioning ostensible Gross domestic product by the Gross domestic product deflator (R). For instance, on the off chance that an economy's costs have expanded by 1% since the base year, the collapsing number is 1.01. In the event that ostensible Gross domestic product was $1 million, genuine Gross domestic product is determined as $1,000,000/1.01, or $990,099.

What's the significance here on the off chance that the Gross domestic product deflator is 100 this year?

A Gross domestic product deflator of 79% implies that the total degree of costs diminished 21% from the base year to the ongoing year. At the point when the Gross domestic product deflator surpasses 100%, the cost level has expanded. The Gross domestic product deflator is like the purchaser cost record on the grounds that both measure the effect of cost changes.

Does Gross domestic product deflator gauge genuine Gross domestic product?

The Gross domestic product cost deflator assists with estimating the progressions in costs while contrasting ostensible with genuine Gross domestic product more than a few periods.

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thermal, inc. bought a new computer system for $50,000 cash. what is the effect of this purchase on the company's total assets? total assets . multiple choice question. remain the same decrease increase

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Thermal, Inc. paid $50,000 in cash for a brand-new computer system. The total assets of the business won't change as a result of the purchase. Wealth overall stays constant.

The sum of a person's or entity's holdings is their total assets. Things of economic value are assets, which an owner uses throughout time to benefit. If the owner is a business, these assets can be seen on the balance sheet of the company and are frequently listed in the accounting records.

The value of all the valuable assets that a person, group of people, business, or nation owns is measured as wealth. Thereafter, all debts are deducted from the market value of all held tangible and intangible assets.

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when yamaha entered the market with a broader range of pianos, keyboards, and other musical instruments, it was using which offensive tactic?

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Yamaha used an offensive strategy known as "encirclement" when it entered the market with a wider selection of pianos, keyboards, and other musical instruments.

What is an offensive tactic?

A sort of company strategy known as an aggressive competitive strategy entails actively pursuing changes within the industry. In order to stay ahead of the competition, companies that go on the offensive frequently undertake acquisitions and make significant investments in R&D and technology.

They will also confront rivals by excluding them from emerging or underserved markets or by competing directly with them. Conversely, defensive competitive strategies are intended to offset aggressive competitive methods. To develop an offensive competitive strategy, a variety of tactics and strategies may be used independently or jointly. In some markets or locations, businesses may even use completely different strategies.

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a company is financed entirely by common stock and has a cost of equity of 12.5%. now the firm decides to repurchase half of its shares and substitute an equal value of debt. the debt is risk-free, with an interest rate of 5%. the company is exempt from corporate income taxes. assume mm in its pure form applies. calculate the cost of equity after the refinancing, expressed as a percent (xx)%

Answers

The cost of equity after the refinancing, expressed as a percent after calculating is 7.24%.

Calculation,

After tax cost of debt = 7.75 (1-0.40)

                                 = 7.75 x 0.60

                                 = 4.65%.

Expected return on equity = {D1/price(1-F} + g

                                  = [0.05/25 (1-0.05)] + 0.06

                                  = 0.0211 + 0.06

                                  0.0811 or 8.11%

WACC = (4.65 x 0.025) + (8.11x0.75)

                                   = 1.16 + 6.08

                                   = 7.24%.

Refinancing is the process of swapping out an existing debt obligation for a new one with a new term and interest rate. Based on a number of economic factors including inherent risk, projected risk, political stability of a country, currency stability, banking regulations, borrower's credit worthiness, and country's credit rating, the terms and conditions of refinancing may differ significantly by country, province, or state. Mortgages on primary residences and auto loans are two common types of refinancing in many industrialized countries.

Debt restructuring may be used to describe refinancing when debt replacement takes place during a period of financial distress.

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28. Jojo is offered an installment loan at a fixed rate for a secured debt. Explain what each aspect of that offer means: 42​

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An instalment loan at a fixed rate for a secured debt means they are charged an interest rate that is unchanged for the term of the loan from the time of borrowing.

What is an instalment loan?

Instalment loans are those types of loans that allow individuals to borrow a predetermined amount of money, disbursed in a lump sum and it can be repaid over time.  

These loans come with a fixed interest rate and require regular monthly payments that remain the same each month. A portion of each monthly payment is applied to the principal amount borrowed.

Further, a portion is applied to the interest on the loan.

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the best product development strategy for most firms is to: a. constantly monitor consumer wants and needs and be willing to develop new products and adapt policies and services as those consumer needs begin to change. b. focus on the actual product or service and don't worry too much about factors such as image, price, and service. c. maintain one product line while adding regularly to that product line over time to sustain customer interest. d. develop a small number of products that achieve market success and stick with them, because constantly changing old products (or introducing new ones) can confuse and frustrate customers.

Answers

For most businesses, the optimal product development strategy is to. Always keep your eye on what consumers want and need, and be prepared to create new products and adjust policies and services as those demands start to shift. option A is correct

Where there is an existing or rising demand for a solution, a successful product development strategy places a priority on market and consumer research, envisioning, building, testing, launching, and marketing to eager buyers. The most successful and finest product strategies are: comprehensive market research on the target audience. Maintain the product team's alignment and focus. aid in resource allocation and feature prioritization for PMs.

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a bond issued by a corporation on october 1, 2007, is scheduled to mature on october 1, 3007. if today is october 2, 2009, what is this bond's time to maturity? (assume annual interest payments.)

Answers

The duration of this bond, if today is October 2, 2009, is 998 years (October 1, 3007 minus October 2, 2009)

What is the duration of a bond?

Bond length is a tool to gauge how much bond prices will probably fluctuate if and when interest rates change. Bond duration is a measure of interest rate risk, to put it more precisely. Investors can decide how bonds fit in to a larger investment portfolio by understanding bond length.

How is bond duration determined?

The duration formula is used to determine how sensitive a bond is to changes in interest rates. It is computed by dividing the total of the discounted future cash inflow of the bond and the corresponding number of years by the sum of the discounted future cash inflow.

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geek squad performs services for a customer and bills the customer for $500. how would geek squad record this transaction?

Answers

The correct answer is Accounts receivable increase by $500 or revenues increase by $500

Money due by organisations to the company on the sale of goods or services on credit is represented by accounts receivable. In the majority of business entities, accounts receivable are normally handled by creating an invoice, mailing it or delivering it electronically to the client, who is then required to pay it within a predetermined window of time known as the credit terms or payment terms.

The amount of sales a company made.

Monetary compensation for goods or services.

Every month, there are different amounts due (debtors).

Receiving money on behalf of a business and applying it to outstanding balances is the responsibility of the accounts receivable department.

Accounts receivable includes the cashiering and collection teams. The cashiering team uses the funds collected while the collections section looks for the debtor.

It is crucial to pay attention to this indicator because accounts receivable might affect the company's liquidity. Consequently, the investment risk ought to be as low as possible.

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upscale retailers, such as saks fifth avenue, feature customer service as their significant point of difference and use that difference to compete with less expensive stores. this is known as

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Upscale retailers, such as Saks Fifth Avenue, feature customer service as their significant point of difference and use that difference to compete with less expensive stores which are known as exclusive distribution.

Exclusive distribution is the distribution done by the supplier that authorizes one distributor to manage in one region. The distributor has the responsibility of that particular region for the supplier's product.

It involves the very limited sale of the product only in selected geographical regions by the supplier and distributor. Luxury goods and costly products usually come under exclusive distribution where the brand image and supply are the centers of the locus rather than profit.

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effective internal control for purchases generally can be achieved in a well-planned organizational structure with a separate purchasing department that has:

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Effective internal control for purchases generally can be achieved in a well-planned organizational structure with a separate purchasing department that has the authority to make purchases of requisitioned materials and services. Hence, option C is correct.

A company's functions, teams, and personnel are outlined hierarchically in an organizational structure. Organizational structures outline the duties of employees, who they answer to, and how corporate decisions are made. Your organizational structure must at the very least incorporate fundamental hierarchies and staff titles.

A hierarchical organizational chart is the pyramid-shaped organizational chart that we previously mentioned. The chain of command runs from the top (such as the CEO or manager) to the bottom (such as entry-level and low-level employees), and every employee has a supervisor.

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The complete question is:

Effective internal control for purchases generally can be achieved in a well-planned organizational structure with a separate purchasing department that has:

A. The ability to prepare payment vouchers based on the information on a vendor's invoice.

B. The responsibility of reviewing purchase orders issued by user departments.

C. The authority to make purchases of requisitioned materials and services.

D. A direct reporting responsibility to controller of the organization.

1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.

Answers

SaksFirst Built loyalty for Saks Fifth Avenue by offering investors/cardholders points with regard to Gift Cards when they made their purchase. The points were graduated according to how much each card holder is able to spend in a period of time.

What is loyalty?

The loyalty business model is a strategic management business model in which company resources are utilized to strengthen the loyalty of customers and other stakeholders in the hope that corporate objectives would be attained or exceeded.

Customer loyalty is based on money, but brand loyalty is based on perception (image and experience) (prices and discounts). Customers that are brand loyal feel that a certain brand symbolizes superior quality and better service than any competing product price is irrelevant. To sustain a best-deal-on-the-market reputation, customer loyalty needs low pricing and constant promotions.

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for the cash flows in the previous problem, suppose the firm uses the npv decision rule. at a required return of 9 percent, should the firm accept this project? what if the required return was 21 percent?

Answers

As the NPV is positive at 9%, the project's benefits exceed the costs and we should adopt the project.

What is NPV?

The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). In capital budgeting and investment planning, NPV is used to assess the profitability of a planned investment or project.

The NPV of a design is the PV of the exoduses minus the PV of the inrushes. The equation for the NPV of this design at a 9 percent needed return is

NPV = -$168,500 + $86,000 /1.09 + $91,000 /(1.09)² + $53,000 /(1.09)³

= -$168,500 + $196,418

= $27,918

As the NPV is positive at 9%, the project's benefits exceed the costs and we should adopt the project.

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a product's conformance to specifications multiple choice is in response to customers' needs. determines sales price to the customer. is defined as continuity of service to the customer. is independent of the quality of design.

Answers

A product's conformance to specifications is independent of the quality of design. Product and process conformance refers to a product's, service's, or process's ability to meet its design criteria. Design specs are an interpretation of the customer's requirements.

Conformance refers to how well anything, such as a product, service, or system, matches a stated standard and may relate to: Conformance testing determines whether a product or system matches a predefined standard. Improves Customer Satisfaction If the company ensures that the quality of conformance of the products or services that reach the client is at least satisfactory, the customer's requests are more likely to be met.

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with the assistance of the stage manager, this person rehearses the performers and coordinates their work with other theatre artists to make certain that the production is performed appropriately intelligently, and excitingly. multiple choice question. playwright director technical director producer

Answers

The Director, with the assistance of the stage manager, rehearses the performers and coordinates their work with other theatre artists to make certain that the production is performed appropriately intelligently, and excitingly.

The job of the director states that he should direct the crew members through the production. In the control room when the director receives technical assistance it is done by the technical director, he usually operates the instruments and switches. Although directors have more daunting tasks, producers hold the most important position, as he overlooks the budgeting and the scheduling.

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short-run equilibrium. the economy is in short-run equilibrium. to move the economy to potential output, the government should reduce its spending by an amount equal to

Answers

When the total amount of output demanded and output supplied are equal, the economy is in short-run equilibrium.

How does the economy transition from a short-term to a long-term equilibrium?

When the total amount of output and the total amount of demand are equal, we are in short-run equilibrium. When prices adjust to changes in the market and the economy functions to its full potential, we call this long-run equilibrium.

How much will the short-term equilibrium output be?

When the level of aggregate output demanded and the level of aggregate output supplied are equal, an economy is said to be in short-run equilibrium. The short-run equilibrium output in the AD-AS model can be found at the intersection of the Short-Run Aggregate Supply (SRAS) and the Aggregate Demand (AD).

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2021, remsco has taxable income of $80,000 and a charitable contribution limit modified taxable income of $30,800. remsco donated cash of $9,300 to a qualified public charity. what is remsco's current-year charitable contribution deduction assuming remsco makes any elections necessary to maximize its charitable contribution deduction?

Answers

Remco's current-year charitable contribution deduction and carryover is: $3,080; $6,22O

.

Since the current-year deduction is limited to 10 percent of charitable contributions charitable contribution limit modified taxable income.

Hence,

Current-year deduction:

Current-year deduction= Charitable contribution limit modified taxable ×10%

Current-year deduction=$30,800 × 10%

Current-year deduction=$3,080

Carryover:

Carryover=$9,300-$3,080

Carryover=$6,22O

In conclusion, Remsco's current-year charitable contribution deduction and carryover are $3,080; $6,22O.

A charitable contribution is a donation or gift to, or for using, a certified organization. it is voluntary and is made without getting, or ex- pecting to get, whatever is of identical value. qualified groups.

For contributions of cash, take a look at, or every other economic present (no matter amount), you need to maintain a document of the contribution: a financial institution file or a written conversation from the qualified organization containing the call of the employer, the amount, and the date of the contribution.

presents to a non-certified charity or nonprofit are not deductible. To qualify, a group must sign up with the IRS underneath section 501(c)(3) or, in some instances, section 501(c)(four). A pledged or promised donation isn't deductible, the only money this is truly given.

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niles and daphne are near retirement. they have a joint life expectancy of 25 years in retirement. daphne anticipates their annual income in retirement will need to increase each year at the rate of inflation, which they assume is 4%. based on the assumption that their first year retirement need, beginning on the first day of retirement, for annual income will be $85,000, of which they have $37,500 available from other sources, and an annual aftertax rate of return of 6.5%,calculate the total amount that needs to be in place when niles and daphne begin their retirement.

Answers

The total amount that needs to be place when Niles and Daphne begin their retirement = $906,131.31

Expected return :

The expected return is the quantity of profit or loss an investor can anticipate taking on an investment. An expected return is computed by multiplying possible outcomes by the odds of them happening and also totaling these outcomes. Expected returns can not be guaranteed

Evaluating the total amount :

Number of periods (Nper) = 25 years

PMT = $85,000 - $37,500

                           = $47,500

Rate = 4%

Expected Return = [(1 + after tax rate)/(1 + inflation rate)]-1 x 100

Expected Return = [(1+6.5%)/(1+4%)]-1 x100

Expected Return = (1.065 / 1.04 )- 1 x 100

                                           = 2.4038%

                     FV= 0

                     Type = 1

Present Value = Calculated in Excel

=PV(rate,nper,PMT,Fv,Type)

                                         =PV(2.4038%,25,-$42,500,0,1)

                                                  PV = $906,131.31

Hence, the total amount required at the beginning of their retirement = $906,131.31 .

Present value :

Present value is the conception that states an quantity of money present is worth further than that same quantity in the future. In other words, money entered in the future isn't worth as much as an equal quantity entered present. admitting$ 1,000 now is worth further than$ 1,000 five times from now. Present value measures the consequence of time on money. Present value is what a sum total of money or a series of cash overflows paid in the future is worth present at a rate of interest known the “ reduction ” rate. Present value is used to plan for fiscal purposes and to produce investment opinions

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A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?.

Answers

A firm producing a good is more likely to have the following characteristics in comparison to a firm providing a service: Objective quality standards, tangible product and located away from customers

A firm that produces goods instead of offering services does not require to be near customers. Such firms distribute their products through markets and hence are located away from customers.

A firm producing goods have objectives to produce quality products. They have set quality standards for the products that they produce. As no product is being set in services, hence quality standards are not set there.

A firm producing a good will have a tangible product but services might not be tangible for a firm producing a service.

Although a part of your question is missing, you might be referring to this question:

A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?

- extra services

-tangible product

-Objective quality standards

- located away from customers

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real gdp is $8,000, autonomous consumption is $500, and planned investment spending is $200. the marginal propensity to consume is 0.8. if real gdp is $3,000, planned aggregate spending is:

Answers

Planned aggregate spending is 3100

C=Co + bY,

where Co is autonomous consumption and b represents MPC, Y is the GDP

C = 500+0.8*3000 = 2900

I = 200

AE = C+I = 2900+200 = 3100

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The HR team at an engineering company is working on drafting new cybersecurity policies. Two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts?

A) Appoint a heckler to challenge any idea they bring up.
B) Change the timeline for the policy to be drafted.
C) Take deep breaths.
D) Gather their input outside of the meeting.

Answers

If two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts is: C) Take deep breaths.

What is groupthink?

Groupthink can be defined as the way in which members of a group tend to all accepts any decision or conclusion they reach , which implies that in this type of group the member does not against any viewpoint even if it will have negative impact on them.

Based on the given scenario taking a deep breaths will enables them to feel more comfortable and when they are comfortable they will have the zeal  to share their thought or speak up what they have on their mind.

Therefore the correct option is C.

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Answer:

It is D. Gather their input outside of the meeting.

Explanation:
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an s corporation form of ownership overcomes which disadvantage of the regular or c corporation form of ownership?

Answers

The disadvantages of the regular or c corporation form of ownership is the double taxation issue.

The practice of collecting taxes from two or more jurisdictions on the same amount of money (in the case of income taxes), property (in the case of capital taxes), or business transaction is known as double taxation.

There are many approaches to reduce double liability. For instance, a jurisdiction might:

exempt foreign-source income from taxation, exempt foreign-source income from taxation if tax had already been paid on it in another jurisdiction, or if it exceeds a certain threshold to exclude tax haven jurisdictions. Alternatively, you can fully tax the foreign-source income but give yourself a credit for taxes already paid on it in the foreign jurisdiction.

Tax treaties, which specify guidelines to prevent double taxation, are agreements that jurisdictions can make with other nations.

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zinc has beginning equity of $295,000, total revenues of $95,000, and total expenses of $59,000. the company has no other transactions impacting equity. its ending equity is:

Answers

Zinc has beginning equity of $295,000, total revenues of $95,000, and total expenses of $59,000. The company has no other transactions impacting equity. Its ending equity is $3,31,000.

Given Beginning equity = $295,000

          Total revenue = $95,000

          Total expenses = $59,000

Ending equity is calculated by subtracting total liabilities from total assets.

Hence, Ending equity = $295,000 + $95,000 - $59,000

                                    = $3,31,000

The net difference between a company's entire assets and its total liabilities is known as a company's equity, or shareholders' equity. In fundamental analysis, a company's equity is used to calculate its net worth.

Shareholders' equity, or the sum of money left over for shareholders after all debts and assets have been paid off, is a measure of a company's net worth.

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if shepard, garrus, liara, and wrex are the only consumers of this videogame, what is the marketwide consumer surplus (the total consumer surplus for the four consumers listed above)?

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The total consumer surplus of the market is 100.

What is the formula for consumer surplus?

Simple consumer surplus is as follows: Consumer surplus is the difference between the actual price and the maximum price willing to pay. Let's take a look at an example to show how this formula works. In 2020, Michael wants to purchase a Honda Civic.

What is surplus between producers and consumers?

The term "consumer surplus" refers to the difference between what a consumer is willing to pay for a product and what they actually paid for it. The producer surplus is the difference between the lowest price a producer is willing to accept in order to produce a good and the market price.

The new computer game has a sticker price of $50.It is understood that:

From the information gave, customer 4 (Wrecks) won't buy the item. The consumer's willingness to pay (WTP) is divided by the price to determine the consumer surplus.

The excess three clients have a complete overflow of:

(100 - 50) + (80 - 50) + (70 - 50) = CS

= 50 + 30 + 20

= $100.

Consequently, the product will be purchased by three customers at the $50 market price. Total CS will amount to $100.

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without any formal planning, the president of a high-tech company remarks in a speech that new technologically advanced routers will be available in one year. this may lead to a project that must be done faster than anticipated. this is an example of reducing project duration caused by

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This is an example of reducing project duration caused by imposed Project Deadlines. Formal planning necessitates a methodical process for weighing the many options.

To make sure the options do not go against any limits, they must first be examined. Then, each of the specified objectives should be compared to the feasible strategies example. An organization's chances of long-term survival are increased by planning. Formal planning may provide the plan a feeling of direction, vision, justification, and purpose, which can be easily communicated to other members of the company to demonstrate how serious the organisation is about achieving its objectives.

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olmstead industry has 9.40% coupon bonds outstanding with a price of $1,023.58. interest is paid semiannually and the yield to maturity is 8.80%. the par is $1,000. how many years is it until these bonds mature?

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4.752 years (approximately 4.8 years) The bond would maturity in 4.752 years.

Applying the yield-to-maturity formula

YTM is equal to C + (fv - pv) /n (fv + pv) /2.

9.40% of the par value is the coupon rate C.

= (9.40/100)× 1000

= $94

Face value (par value) is equal to $1,000.

Price = Pv = $1,023.58

Yield to maturity is equal to 0.0880.

n = how many years before maturity?

Using the formula above;

0.0880= 94 + (1000-1023.58)/n ÷ (1000+1023.58)/2

0.0880= 94 + (-23.58)/n ÷ (2023.58)/2

0.0880= 70 + (-23.58)/n ÷ 1011.79

94 - (23.58)/n = 0.0880 × 1011.79

94 - (23.58)/n =89.03752

-23.58 / n =89.03752 - 94

-23.58 / n = -4.96248 ( Cross multiply)

-23.58 = -4.96248n

Add -4.96248 to both sides.

n = 4.752

The maturity period for the bond is 4.752 years (approximately 4.8years)

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