Incremental profit per unit to be achieved = $50000/ 2000 units = $25 per unit Minimum price to be charged = Variable costs + Incremental profit
= ($60 + $40 + $30) + $25
= $155
Incrementalism is a technique of working by means of including to undertaking the usage of many small incremental changes rather than a few (notably planned) large jumps. Logical incrementalism means that the steps within the system are sensible.[1] Logical incrementalism focuses on "the energy-Behavioral technique to making plans in preference to to the Formal structures planning method".[1] In public coverage, incrementalism is the approach of change by which many small coverage changes are enacted over the years a good way to create a larger vast based policy trade. Political scientist Charles E. Lindblom developed this theoretical policy of rationality within the Fifties as a center way between the rational actor model and bounded rationality, as both long time, goal-driven coverage rationality and satisficing were not seen as good enough.
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industrial production refers to . a. the amount of personal disposable income in the economy b. the difference between government spending and government revenues c. the total manufacturing output in the economy d. the total production of goods and services in the economy e. none of the above
Mining, manufacturing, electricity, gas and steam, and air conditioning are all examples of industries that fall under industrial production.
This indicator is measured using an index that is based on a reference period that shows how production output volume changes.
What instances of industrial production can you give?
Aircraft, automobiles, chemicals, clothing, computers, consumer electronics, electrical equipment, furniture, heavy machinery, refined petroleum products, ships, steel, and tools and dies are among the most important manufacturing industries.
What is India's industrial production?
India's Index of Industrial Production (IIP) provides information on the expansion of a number of economic sectors, including manufacturing, electricity, and mineral mining.
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how much tax revenue was collected if the government levied a $2 excise tax on air conditioners and 490 units were sold after the tax? before the tax, 500 air conditioners were sold.
Answer:
$980
Explanation:
blanchard discusses a number of ways in which his organization seeks to inspire employees, including coaching them, gainsharing, allowing them to participate in decisions, and leaving them inspirational messages. what other behaviors are essential for strategic leaders today? check all that applyportment according to high ethical standardsimplementation of controls to monitor deviation from performance objectivesability to navigate a multicultural environmentdemonstration of a commitment to diversity and inclusion
Rules according to high ethical standards, implementation of controls to monitor deviation from performance objectives and demonstration of a commitment to diversity and inclusion are the other behaviours essential for strategic leaders.
Four leadership philosophies—direct, coach, support, and delegate—that are flexible to the full spectrum of an employee's developing behaviour are included in the situational leadership paradigm. They apply high ethical standards that are met with the team spirit. They also make sure that the team is focused and not deviated as well as they make commitments that are fulfilled by the team members so as to raise the business.
Paul Hersey and Ken Blanchard established the situational leadership approach where they stated that there isn't a single leadership approach that is effective in every circumstance.
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the expected return on hilo stock is 15.00 percent while the expected return on the market is 13.2 percent. the beta of hilo is 1.35. what is the risk-free rate of return?
The risk-free rate of return is 8.06%
Expected return = Risk-free rate + beta x market premium
15% = Rf+1.35×(13.2% - Rf)
Rf = 8.06%
The risk-free rate of return, sometimes known as the "risk-free rate," is the rate of return on an imaginary investment with predetermined payments made over a predetermined period of time that is assumed to satisfy all financial commitments.
Any other investment with some risk will need to have a greater rate of return in order to persuade investors to hold it since the risk-free rate can be acquired with no risk.
Market investors frequently use the yield to maturity on a risk-free bond issued by a government of the same currency, whose risks of default are so minimal as to be negligible, in practice, to deduce the risk-free interest rate in a given currency.
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hollaway manufacturing is considering using stocks of an old raw material in a special project. the special project would require all 150 kilograms of the raw material that are in stock and that originally cost the company $1,636 in total. if the company were to buy new supplies of this raw material on the open market, it would cost $8 per kilogram. however, the company has no other use for this raw material and would sell it at the discounted price of $6.80 per kilogram if it were not used in the special project. the sale of the raw material would involve delivery to the purchaser at a total cost of $80 for all 150 kilograms. what is the relevant cost of the 150 kilograms of the raw material when deciding whether to proceed with the special project?
The correct answer or the relevant cost of the 150 kilograms of the raw material when deciding whether to proceed with the special project is $940.
It is given in the question that hollaway manufacturing is considering using stocks of an old raw material in a special project which requires all 150 kilograms of the raw material which are in stock and that originally cost the company $1,636 in total.
Raw material price at discount = $6.80
Opportunity cost of sales foregone if special project is undertaken $6.80×150 = $1020
Delivery cost for all 150kg = $80
Relevant cost of 150 kilograms of raw material when deciding whether to proceed with the special project = $1020 - $80 = $940
Hence, the relevant cost of the 150 kilograms of the raw material when deciding whether to proceed with the special project is $940.
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if income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the mpc is .
The MPC is 0.1 if income rises from $20,000 to $30,000 and $1,000 of the additional income are saved (although a total of $6,000 of the additional $30,000 is saved).
Describe marginal propensity to consume.The marginal propensity to consume (MPC) is the portion of a customer's overall wage rise that they choose to spend on products and services rather than save. The marginal propensity to consume is a notion found in Keynesian macroeconomic theory.
It is calculated by dividing the change in consumption by the change in income. MPC is represented by a consumption line, which is a sloped line created by graphing the change in income along the horizontal "x" axis and the change in consumption along the vertical "y" axis.
Calculation:
The marginal propensity to consume can be calculated as the ratio of the change in consumption with respect to the change in income.
[tex]MPC=\frac{delta C}{delta Y}[/tex]
Substituting the values in the formula:
[tex]MPC=\frac{1,000}{30,000-20,000} \\MPC=\frac{1,000}{10,000}\\ MPC=0.1[/tex]
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suppose the risk-free return is 4%. the beta of a managed portfolio is 1.2, the alpha is 1%, and the average return is 14%. based on jensen's measure of portfolio performance, you would calculate the return on the market portfolio as:
Market Portfolio Return= 11%
A market portfolio is a theoretical collection of investments that includes every asset type available in the investment universe, with each asset weighted in proportion to its overall market presence. The anticipated return for a market portfolio is the same as the anticipated return for the market as a whole.
Alpha = R – Rf – beta (Rm-Rf)
Where:
R denotes the market portfolio return.
Rf is the risk-free rate of return.
A portfolio's systematic risk is represented by beta.
Rm denotes the market return as measured by a benchmark.
0.01 = R - 0.04 - 1.2 (0.14-0.04)
0.01 = R - 0.1
market portfolio return R = 0.01+0.1
market portfolio return R = 0.11
Market Portfolio Return= 11%
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The complete question is:
Suppose the risk-free return is 4%. The beta of a managed portfolio is 1.2, the alpha is 1%, and the average return is 14%. Based on Jensen's measure of portfolio performance, you would calculate the return on the market portfolio as Multiple Choice
16%.
11%.
14%.
15%.
Determine the amount of taxes owed on a taxable income of $49,652. $4,735.38 $6,600.44 $7,709.92 $10,293.44
Answer:
I believe the correct answer is $4,735.38.
Explanation:
The marginal tax rate on this amount is 12%. You would be taxed $4,253 for the 2021 tax year, and $4.7k is way closer to this figure.
Total income tax for someone living in San Diego, CA would be $9,502. this would be pretty close to the $10.2k number, so it depends what it is asking. Just Federal tax, or Federal & State? If so, what state?
Answer:
$6,600.44
Explanation:
$49,652 is within the $41,176–$89,075 tax bracket. The marginal tax rate for this bracket is 22%.
First, you have to determine your taxable income. To do this, subtract the tax brackets.
Tax Bracket Taxable Income Solution
$0–$10,275: 10,275 $10,275 - $0 = $10,275
$10,276–$41,175 30,900 $41,175 - $10,276 = $30,900
$41,176–$89,075 8477 $49,652 - $41,176 = $8477
Next, multiply each taxable income with it's tax rate to get your taxes owed.
10% • 10,275 = 1027.5
12% • 30,900 = 3708
22% • 8477 = 1864.94
Now, add your taxes owed together.
1027.5 + 3708 + 1864.94 = $6600.44
a company's balance sheet shows cash of $29,000, accounts receivable of $35,000, equipment of $60,000, and equity of $77,000. what is the amount of liabilities?
The amount of liabilities is $47,000 in the company's balance sheet.
What is a liability?A liability is described in financial accounting as the forfeitures of future economic benefits that an entity must make to other entities as a result of prior transactions or other prior events, the resolution of which may result in the transfer or use of assets, provision of services, or other future yielding of economic benefits. They typically consist of payables like wages, accounts, taxes, and accounts payable, unearned income from adjusting entries, portions of long-term bonds that must be repaid this year, and short-term obligations. Current liabilities are debts with a reasonable expectation that they will need to be paid off within the next year or operating cycle, whichever comes first, by using current assets, creating additional current liabilities, or providing services.
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What role do executive departments and agencies play in fulfilling the constitutional duties of the executive branch?.
Under Article II of the Constitution, the President is accountable for the execution and social control of the laws created in fulfilling the constitutional duties.
Fifteen government executive departments — every LED by Associate in Nursing appointed member of the President's cupboard — perform the day-after-day administration of the national.
The U.S. Department of Health and Human Services (HHS) is the U.S. government's principal agency for shielding the health of all Americans and providing. The President will draw on 3 sources to issue an Associate in Nursing government action (a government action is an Associate in Nursing government order or memorandum).
The Cabinet and freelance Federal agencies are accountable for the day-after-day social control and administration of Federal laws.
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what is a sequence diagram used for? why would an analyst choose a sequence diagram over a communication diagram?
In a sequence diagram, you can see which methods are called and when. The main focus of a communication diagram is on whether or not communication occurs between items.
A communication diagram represents the interactions of objects or communication diagram components as a series of messages. Communication diagrams combine data from Class, Sequence, and Use sequence Case Diagrams to depict the static organization and dynamic behavior of a system.
However, like object diagrams, communication diagrams employ a free-form arrangement of objects and links. Messages are labeled with a communication diagram chronological number and placed close to the sequence link they are sent over in a order to maintain the ordering of messages in such a free-form diagram. You should start at message 1.0 in a communication diagram and read the messages from object to object.
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alec is considering investing in an older, larger, single-family home, then renovating the home by adding three kitchens and more bathrooms. what type of investment opportunity does this describe?
The type of investment opportunity that this description is called conversion investment opportunity.
What is a conversion investment opportunity?The conversion investment opportunity is described as a form of investment in which an asset purchased is converted into a different form of an asset. It is important to mention that stationary assets like homes can undergo conversion.
In this scenario, Alec initially invested in an old, large single-family home. However, he later on invested more money to renovate the home. The renovation included more bathrooms and more kitchens, and this converted the asset into a more valuable asset.
It can be concluded that the type of investment opportunity that this description is called conversion investment opportunity.
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a former ace 240 student has a student loan with an annual interest rate of 3.80% and balance of $27,100 when she graduates. if she wants to pay off that loan in 6 years, what will she need to pay per month?
With annual interest rate she pay off that loan in 6 years, they need to pay per month is $336.47
APR, as opposed to interest rate, is a more comprehensive indicator of the cost of borrowing money. The interest rate, any points, mortgage broker fees, and other costs associated with obtaining the loan are all included in the APR. Your APR is typically larger than your interest rate as a result. APR, as opposed to interest rate, is a more comprehensive indicator of the cost of borrowing money. The interest rate, any points, mortgage broker fees, and other costs associated with obtaining the loan are all included in the APR. Your APR is typically higher than your interest rate as a result.
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carla and sven have a previous foreclosure, but now they are a few years away from that. they make good money with their jobs, and have about $30,000 available to use for a down payment and closing costs. why might they consider an fha 203(b) loan, even if they have sufficient down payment for a conventional loan?
Carla and sven have a previous foreclosure, but now they are a few years away from that. The lender can consider compensating factors, even if their credit history isn't great if they have sufficient down payment for a conventional loan.
Is it better to go FHA or conventional?
A conventional loan is frequently better if you hold valid or excellent credit because your mortgage rate and PMI costs will go down. But an FHA loan can be perfect if your belief score is in the high- 500s or low- 600s. For lower- credit borrowers, FHA is frequently the cheaper attachment.
What's the biggest advantage of an FHA loan?The downside of FHA loans is you may qualify with much lower scores than conventional loans allow and a down payment as little as 3.5 of the home's price.However, you may indeed be preapproved with a DTI rate above 50, If you have a many redundant bones in the bank and a advanced credit score.
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explain the concepts of (product-specific) economies of scale and economies of scope as an entry barrier.
The average total cost of production of a variety of items is the topic of economies of scope. Economies of scale, on the other hand, concentrate on the resulting cost advantage.
What is cost advantage?A business has a cost advantage when it can produce a good or offer a service for less money than its rivals. These businesses produce more in greater quantities and gain from one or more of the following factors: low-cost raw material access, effective processes and technologies, low distribution and sales costs, effectively managed operations.
The other two are offer advantage (adding value to a good or service through special features) and niche advantage. Cost advantage is one of the three ways a business can develop a competitive advantage. An organization is in a good position to increase market share and profitability if it excels in at least one of these areas while remaining competitive in the other two.
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you are saving for retirement. to live comfortably, you decide you will need to save $2 million by the time you are 55. today is your 20th birthday, and you decide, starting today and continuing on every birthday up to and including your 55th birthday, that you will put the same amount into a savings account. if the interest rate is 3.5%, how much must you set aside each year to ensure that you will have $2 million in the account on your 55th birthday? group of answer choices $28,982.31
To ensure that we will have $2 million in the account by our 55th birthday, we must set aside $28,568.33 each year.
What are payments from annuities?The idea of annuity payments can be used to build up the retirement fund's desired corpus. These periodic payments from an annuity can be made monthly, quarterly, or annually. The expected value for the future rises with frequency.
How to figure out the annual deposit:Formula;
Where: FV = C * [(1 + r) n - 1] / r * (1 + r) + C
FV is the future value, which is $2,000,000; C is the annual deposit; r is the interest rate, which is 0.035; n is the period, which is 35 years.
Add values to the formula now;
$2,000,000 is equal to C * [(1 + 0.035)35 - 1] / 0.035 * (1 + 0.035) + C $2,000,000 is equal to C * (1.03535 - 1) / 0.035 * 1.035 + C $2,000,000 is equal to C * (3.3335905 - 1) * 29.5714286 + C $2,000,000 is equal to C * 2.3335905 * 29.5714286 + C $2,000,000 is equal to C * 69.00760
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another name for inflation that is measured using the cpi is multiple choice question. nominal inflation. real inflation. stagflation. core inflation. headline inflation.
Inflation analyses changes in goods and services while excluding out the food and energy sectors’ prices, which fluctuate more than the other index constituents.The answer is Core inflation.
The prices of all products and services included in the CPl are then used to compute inflation, whereas prices in the food and energy sectors are eliminated for calculating core inflation.We can see long-term price trends thanks to core inflation.policymakers are more worried about than the rate of core inflation. False While core inflation allows us to track trends in price levels, inflation can change quickly due to, for instance, an unexpected change in energy prices, which may only be a seasonal trend and not a long-term price trend.The commodities and services included in the CPI, which are subject to ongoing price shocks, are not included in substantial inflation when utilising the basic measurements of CPI and inflation compared to the difference between inflation measures.The analyst analyses the representative price of the items at the total cost at two points and compares the cost .
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sweeney pies has issued a zero-coupon 11-year bond that can be converted into 10 sweeney shares. comparable straight bonds are yielding 9%. sweeney stock is priced at $63 a share. (assume a face value of $1,000 and semi-annual compounding.) a. suppose that you had to make a now-or-never decision on whether to convert or to stay with the bond. which would you do? multiple choice convert the bond stay with the bond b. if the convertible bond is priced at $475, how much are investors paying for the option to buy sweeney shares? (do not round intermediate calculations. round your answer to 2 decimal places.) c. if, after one year, the value of the conversion option is unchanged, what is the value of the convertible bond? (do not round intermediate calculations. round your answer to 2 decimal places.)
$510.88 is the value of the convertible bond.
a). Current price of the zero coupon bond = par value/(1+9%)^11 = 387.53
If a bond is converted then the converted value is the number of shares upon conversion*current share price = 10*63 = 630
Gain, if converted = 630-387.53 = $242.47
The decision should be to convert the bond.
b). Fair price of the bond = 387.53
Bond price = 476
Value of the option to buy the shares = 476-387.53 = $88.47
c). Fair price of the bond after one year = 1,000/(1+9%)^10 = 422.41
Value of convertible bond = fair price + value of conversion option = 422.41 + 88.47 = $510.88.
A convertible bond is a fixed-income commercial debt security that yields interest payments but can be converted into a destined number of common stock or equity shares. The conversion from the bond to stock can be done at certain times during the bond's life and is generally at the discretion of the bondholder.
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for which company can trend analysis be most useful? a banking company that recently changed its accounting practices, but not its business model a software company whose business model and accounting practices have remained stable over time a mining company that recently changed its business model, but not its accounting practices a retail company that recently changed its accounting practices and its business model
The target market is an example of a product or service’s potential customers. The ABC Company is not necessarily implying that the previous customers will not buy the plastic model cars in the new presentation.
If they change the packaging of their products to appeal to more discerning buyers. Instead, they are focusing on other consumer preferences.A community’s way of life is its culture. It includes the people’s dialect, worldviews, religious practises, customs, social mores, and other general traits.Different nations have various cultures.A company can provide relevant products and services by having a thorough understanding of the target market’s culture.A firm should endeavour to learn the culture of the people before growing abroad. A successful firm must provide goods and services that benefit customers. The Company will be able to avoid producing goods that are in opposition to the peoples’ way of life by having an understanding of culture.
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the value that the use of 3d printing brings to a bicycle firm in the marketplace simulation includes all of the following except:
Answer: Eliminates most of the normal inventory that would need to be held in the bike stores, at the factory, and in various distribution centers spread around the world.
Explanation: A bike can be custom-built to the size, shape, and performance requirements of each customer.
The bike shops would be physically larger to accommodate for the 3-D printer to allow bikes to be made while the customer waits in-store.
The bike shops can be physically smaller as few bikes would need to be on display.
do you agree that companies should communicate any and all information that may pertain to employees? would there ever be a time where it would be more ethical to hold back information from employees? if you were an employee in the insurance company, what would you consider to be the ethical step to take: inform employees of the possibilities of layoffs or keep that information confidential until the company is absolutely sure layoffs might happen? what would be the best, most ethical, channel to use when communicating bad news such as layoffs? do you think it is unethical not to tell your boss that you are looking for another job? what are the situations in which employees have an ethical obligation to provide this information to their managers or supervisors?
Companies must to have a procedure for telling staff members information about them. But when it comes to managing a large business, everything is a little too difficult.
1. Feedback regarding the performance of the employee must be communicated. However, disseminating too much information about the personnel may be overwhelming and undermine the outcomes of the processes for feedback and review.
2. It would be morally correct to withhold only the information that doesn't really serve the employee's growth or development.
3. Informing the staff of the possibility would, in my opinion, be the ethical course of action. Since this still gives them a chance to think about seeking for other jobs.
3. Informing the staff of the possibility would, in my opinion, be the ethical course of action. Since this still gives them a chance to think about seeking for other jobs. Although this choice is dependent on whether the employer gives the employees a notice period, if not, it is unquestionably appropriate to alert them to potential layoffs.
4. In my opinion, a formal letter would be more appropriate because dealing with people in person often makes them feel extremely out of place and gauche.
5. If your position is essential and crucial, and there is a constant need for you to perform it a role that might take some time to replace you must give this information to your superiors.
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what is the profitability index for project a with a cost of capital of 8%? year project a project b 0 ($42,000.00) ($45,000.00) 1 $14,000.00 $28,000.00 2 $14,000.00 $12,000.00 3 $14,000.00 $10,000.00 4 $14,000.00 $10,000.00 5 $14,000.00 $10,000.00
It should be taken into account that only the profitability index of project A is being asked-
Value of cash inflows at the present
=( (14000/1.08)+(14000/ (1.08)^2+(14000/(1.08)^3+(14000/(1.08)^4+(14000/(1.08)^5)
= (12962.96+ 12002.74+11113.65+10290.41+9528.16)
= 55898
Net value of cash outflow at the beginning =42000
Profitability index=[present value of future inflows / initial outflows]
=[55898/42000]
=1.33
What do you mean by Profitability index ?
Profitability index of project a could be calculated using the net cash inflows at the present and comparing it with net cash outflows at the present.
The PI is calculated by dividing the present value of future expected cash flows by the initial investment amount in the project.A PI greater than 1.0 is deemed as a good investment, with higher values corresponding to more attractive projects.Hence, The profitability index of Project A is 1.33
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a successor auditor is required to make an effort to communicate with the predecessor auditor prior to:
A successor auditor is required to make an effort to communicate with the predecessor auditor prior to Performing a test of controls.
The successor auditor is responsible for taking the initiative in communication. The communication could be verbal or written. Information received from the predecessor auditor and the successor auditor should be kept confidential. Whether or not the replacement auditor accepts the engagement, this obligation still stands.
The phrase "successor auditor" refers to an auditor who has taken such an assignment and is considering accepting one but has not yet been in touch with the predecessor auditor. An auditor should hold off on accepting an engagement until all necessary SAS No.
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the financial ratio that measures the accounting profit per dollar of book equity is referred to as the: group of answer choices profit margin. price-earnings ratio. return on equity. equity turnover. market profit-to-book ratio.
The financial ratio that measures the accounting profit per dollar of book equity is referred to as the return on equity.
Equity represents the fee that might be lowered back to an organization's shareholders if all of the property has been liquidated and all of the enterprise's money owed has been paid off. We also can think about fairness as a degree of residual possession in a firm or asset after subtracting all debts related to that asset.
Equity is the quantity of cash that an employer's proprietor has positioned into it or owns. On an organization's balance sheet, the distinction between its liabilities and belongings indicates how plenty fairness the employer has. the percentage rate or a value set by way of valuation specialists or investors is used to discern the fairness price.
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a mutual fund's holdings are determined to be $1,500,000,000 with $250,000,000 in liabilities and 100,000,000 shares outstanding. what is the funds' nav? you can leave out the dollar sign.
a mutual fund's holdings are determined to be $1,500,000,000 with $250,000,000 in liabilities and 100,000,000 shares outstanding. The fund's nav is 12.5.
In order to take advantage of the inherent benefits of working as a team, such as significantly lowering the risks of the investment, one can invest money alongside other investors through an investment fund. These benefits include the capacity for:
appoint qualified investment managers, who might provide greater returns and better risk management. profit from scale economies, or lower transaction costs. To mitigate some unsystematic risks, improve asset diversity.It is still unknown if professional active investment managers can consistently increase risk-adjusted returns by a sum greater than their fees and costs. Investment funds are frequently referred to as investment pools, collective investment vehicles, collective investment plans, managed funds, or simply funds, but the terminology varies by nation. The legal phrase is collective investment undertaking, often known as an undertaking for collective investment in transferable securities (cf. Law).
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10. which of the following is the best description of special damages? a. damages which are calculated as the difference between the value of a contract and the value (if any) of the defendant's performance of the contract. b. quality of life damages in a contract case. c. easily calculated documented damages in a tort case. d. damages which are calculated based on financial losses that are caused by the defendant's breach of contract.
The best description of special damages is easily calculated documented damages in a tort case.
What are special damages contract?Special damages, often known as "consequential damages," protect against any harm brought on by a contract breach due to unique or unforeseeable circumstances. These are actual losses brought on by the breach, though not immediately and directly.The compensation you receive for intangible losses resulting from an injury, such as pain and suffering and mental anguish, is known as general damages in a personal injury case. Special damages, in contrast, cover losses that are easier to quantify, such as medical costs and missed wages.A notification of unique circumstances impacting a contract may be given to a party. If he violates the contract in such circumstances, he is responsible for both ordinary and exceptional damages.To learn more about special damages contract refer to:
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wilson sends an e-mail to his team describing the implementation of a new work practice. however, in the e-mail he does not solicit comments or suggestions from his subordinates. he feels that the subordinates lack the experience required to effectively evaluate the various implications of the new practice. this is an example of
In the given situation of Wilson, the implications of the new practice, this is an example of One way communication. That is implement in the condition of Wilson.
What do you mean by the one way communication?Because it moves in a straight line from sender to receiver and is used to inform, persuade, or command, one-way communication is linear and constrained.
When the sender wishes to impart accurate information or when they want to influence or manipulate their audience and get their cooperation, one-way communication is frequently used.
According to the transmission model, communication is a one-way, linear process in which a sender encrypts a message before transmitting it through a channel to a receiver who decodes it.
Therefore, in the given situation of Wilson, the implications of the new practice, this is an example of One way communication. That is implement in the condition of Wilson.
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in terms of labor supply, the income effect of a higher wage causes a(n): group of answer choices decrease in the quantity of labor supplied. increase in the quantity of labor supplied. reduction of leisure time to zero. decrease in leisure time.
in terms of labor supply, the income effect of a higher wage causes decreases in leisure time.
What is leisure time?Labor productivity is based on activity in the workplace and does not include vacation time in the calculation. In contrast, psychologists and sociologists argue that leisure plays an active role in the production process. The economist's definition of leisure is, at least implicitly, "non-working time." Usually, this concept has been of little interest in determining whether forms on the borderline of time are 'work' or 'leisure'.Using empirical data from 21 OECD countries, the study found that leisure time has a double impact on labor productivity in terms of per capita GDP per hour. Moreover, leisure time is non-linearly related to labor productivity (inverted U shape). When the free time reaches the optimal level (5,813 hours), free time has a compensatory effect on work and can have a positive impact on labor productivity, but when free time exceeds the optimal value, free time is It can have a substitution effect on jobs and negatively impact labor productivity.To know more about leisure time refer to:
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beauty corp. is planning to add manufacturing capacity by installing new high-tech machines. the machines would increase revenues by $200,000 per year and increase costs by $50,000 per year. the new machines cost $560,000 and would fully depreciated at the time of purchase. investment in net working capital of $30,000 would be required at the time of installation. the firm is planning to keep the machines for 7 years and then sell them for $80,000. the firm has a required rate of return on investment projects of 13% and a marginal tax rate of 25%. what is the initial outlay in the year zero?
The initial outlay for the new high-tech machines Beauty Corp. plans to add to its manufacturing capacity is $450,000.
What is the initial outlay?The initial outlay is the initial investment required for a project.
The initial outlay can be computed by adding the cost of new machines to the operating expenses and subtracting tax reductions recorded in the year zero.
Depreciation in year 0 = $560,000
Marginal tax rate = 25%
Cost of new machines = $560,000
Net working capital = 30,000
Tax reduction in year 0 = (140,000) ($560,000 x 25%)
Initial outlay $450,000
Thus, Beauty Corp. will incur an initial outlay of $450,000 in year zero.
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which of the following statements about marketing is the most accurate? a. marketers recognize the need to learn as much as possible about customers and do everything possible to satisfy them. b. once a product is sold, focus on the next customer. c. because nonprofit organizations are not motivated by profit, marketing activities are not consistent with their goals. d. to be successful, marketers must be able to persuade consumers to purchase goods they don't really need.
Marketers recognize the need to learn as much as possible about customers anddo everything possible to satisfy them to become successful.(Option d is correct)
In moment's fast- paced terrain, marketing is the catalyst for brand growth. What was formerly spoken communication has changed to include audio and videotape. Moment's digital marketing channels are setting the standard and aiding in the success of numerous companies. People who are considering career options in this area need to know what marketing in business is as well as what a marketer is.
A marketer is a person who advertises the goods and services of a company. They identify the tactics that can increase deals and income while making sure that these tactics are in line with both client and request need.
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