julie's parents' 25th anniversary is in 4 years. she'd like to give her parents a vacation package for their anniversary. she anticipates the vacation package will cost her $3500. an account at her bank pays 3% per year compounded monthly. how much does she need to deposit today in this account, so that she can buy the package deal for her parents' anniversary?

Answers

Answer 1

We must calculate the present value using Present Value with Compound Interest in order to determine the amount to be deposited today.

What is Present value:

The time value of money is used in the present value calculation to discount future cash flows and determine their present-day value. Compound interest-related present value & future value make up the present value formula. The original amount, the amount deposited, the amount lent, the sum borrowed, etc. are all included in the present value, or PV.

In finance, the present value (PV) formula is used to calculate the present value of money that will be received in the future. The present value formula is built on the compound interest formula (PV formula).

When interest on savings is calculated utilizing both the initial principle and interest that has accumulated over time, it is referred to as compound interest. The concept of compound interest, sometimes known as "interest on interest," is thought to have started. It will accelerate the growth of a total more quickly than simple interest, which is solely calculated on the principal sum.

The initial principal plus any interest charges from earlier periods are added together to calculate compound interest. The power of interest compounding is the creation of "interest on interest."

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Related Questions

g what does a rising yield curve mean to investors, according to the expectations theory? question 15 options: there will be a decrease in future short term rates. there will be a increase in future short term rates. there will be a increase in future long term rates. there will be a decrease in future long term rates.

Answers

The yield curve helps indicate the tradeoff between maturity and yield. If the yield curve is upward sloping, then to increase his yield, the investor must invest in longer-term securities, which will mean more risk.

What is maturity and yield?

The main distinction between coupon rate and yield to maturity is that the coupon rate is constant over the course of the bond's life. The yield to maturity, however, fluctuates based on a number of variables, including the number of years to maturity and the price at which the bond is currently sold.

When an investment reaches its predetermined end date, called its maturity, it frequently results in the payment of a loan or bond, the purchase of a commodity or cash, or the fulfilment of some other payment or settlement term.

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a firm has invested $500 in a new machine that is expected to last for the next 4 years. the machine will be depreciated on a straight line basis down to zero by the end of its 4 year life. the firm projects that the machine will generate consecutive annual cash inflows of $550 beginning in one year and will generate consecutive annual cash outflows at 260 also beginning in one year.. assuming the tax rate of 38%, determine the firm's cash flow next year.

Answers

The company's cash flow might be 186.80 next year.

Cash flow refers to the quantity of cash or cash equivalents that a business gets or expends for the purpose of making payments to creditors. The liquidity condition of the business is frequently studied using cash flow analysis.

Spending that occurs in the normal course of business is included in cash flow from operations. Payroll, the cost of items sold, rent, and utility bills are a few examples of these financial outflows. When corporate activities are very seasonal, cash outflows might vary greatly.

Future year's cash flow

Inflow = 500

Outflow = 260

Depreciation = 500/5 = 100

Tax rate = 38%

Cashflow = (500-260-100) × (1-0.38) + 100

= 186.80

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all of the activities involved in obtaining required materials, supplies, and parts from other firms are called

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The whole process of obtaining the necessary goods, services, and parts from other companies is known as purchasing.

What is purchasing ?

A company or organization utilizes the purchasing process to buy products or services in order to achieve its objectives. Although many businesses make an effort to establish standards for the purchasing process, procedures can differ significantly between firms. The expediting, supplier quality, shipping, and logistics are often also included in the larger procurement process, which includes purchasing. The organization's purchase criteria and processes are directed by purchasing managers/directors and procurement managers/directors. A three-way check serves as the cornerstone of most businesses' buying strategies. As a result, three organizational departments complete various phases of the purchase process.

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mayan company had net income of $33,580. the weighted-average common shares outstanding were 9,200. the company has no preferred stock. the company's basic earnings per share is:

Answers

The company's basic earnings per share are $ 3.65

Earnings per share    = 33580/9200

                                       =  $ 3.65

Stocks are devices of fair possession in a corporation. For some companies, stocks exist as an economic asset supplying an identical distribution of any residual income, if any are declared, in the shape of dividends.

Proportion trading method buying and selling stocks of businesses listed on the 2 main stock exchanges - the Bombay inventory alternate (BSE) and the national stock change (NSE). The purchaser of the shares receives sure possession in the agency. he's entitled to a percentage of a stake inside the enterprise.

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you invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return. what is your expected return after one year? 5.3% 4.5% 4.9% 4.3%

Answers

4.9% is the expected return after a year.

We put $1,000 into a stock that has a 1% return probability of 15%, a 5% return probability of 60%, and a 7% return probability of 25%.

Given,

Probability 1 = 15%

Return 1 = 1%

Probability 2 = 60%

Return 2 = 5%

Probability 3 = 25%

Return 3 = 7%

To find, Expected return after one year

Expected return = (Probability 1 x Return 1) + (Probability 2 x Return 2) + (Probability 3 x Return 3)

Expected return = (15% x 1%) + (60% x 5%) + (25% x 7%)

Expected return = 0.15% + 3% + 1.75% = 4.9%

Therefore, the Expected return after one year will be 4.9%.

The profit or loss that an investor anticipates from an investment based on previous rates of return and the likelihood of specific returns under various scenarios is known as the anticipated rate of return, also known as Expected return. Using the anticipated return calculation, prospective future returns are projected.

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as a country develops economically from being very low income to higher income, what are the most important changes that occur in the country's burden of disease

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As a nation progresses economically from low to high income, the most significant changes in the country's illness burden are that the percentage of communicable diseases decreases and the share of noncommunicable disease grows. Thus, the right answer is the share of communicable diseases declines and the share of non-communicable diseases increases.

What are communicable diseases?

Communicable diseases are illnesses that may be passed from person to person, from animal to human, or through a surface or food. Direct touch with a sick individual can spread diseases during plane travel. A sick individual sneezing or coughing spreads respiratory droplets.

Specific Communicable Disease Information

Shingles / ChickenpoxCOVID-19. \sEbola.Eliminating the HIV Epidemic (EHE)Hepatitis BHepatitis CAIDS / HIV

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communications activities designed to promote a firm's overall image, without reference to a specific product, are called:

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Communications activities designed to promote a firm's overall image, without reference to a specific product, are called corporate advertising. Corporate advertising has been characterized as paid communications.

Delivered through various media channels in order to affect consumers' impressions of a company and its products, as well as their intent to acquire the Communications. Advertising that describes a corporation rather than its products and is designed to portray the organization in a positive light to the public: The company launched a corporate advertising campaign emphasizing its dedication to energy-saving manufacturing practices. Image advertising, opinion advertising, and investment advertising are all examples of business advertising.

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an example of final goods in national income accounts would be: a) chemicals purchased by green grass lawn care services b) seedlings and saplings purchased for resale by wendy's garden center c) new lawn mowers purchased by cut-rite lawn equipment

Answers

An example of final goods in national income accounts would be:

Flowers and pots purchased by homeowner Joe Smith.

What do you mean by national income account?

National income accounting refers to the government  system  where every record which determines  health of an economy, growth rate , economic activity, and development .  It helps in determining the economy and the flow of money in an economy.

A final good is a product or a service which the final consumer uses or consumes.  It does not need additional or further processing.

In the case of purchase of flowers and pots by Joe Smith the money, needs are contributing to the overall income as compared to other options mentioned.

Therefore, An example of final goods in national income accounts would be: Flowers and pots purchased by homeowner Joe Smith.

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during the month, southeast plumbing paid $600 to settle warranty claims. southeast uses an estimated warranty account. the journal entry to record the payment would have been:

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The journal entry to record the payment would have been debit Estimated warranty payable, $600; credit Cash, $600.

A company may have a warranty policy, under which it commits to customers that it will fix or replace certain types of product damage within a predetermined period of time after the sale. The business should accrue an expense that reflects the cost of these anticipated claims if it can reasonably estimate the number of warranty claims that are likely to be made under the policy.

The accrual must occur during the exact same reporting period that the related product sales are recorded. By doing this, the financial statements show all costs related to product sales in the most accurate way possible, revealing the true profitability of those sales.

If management changes the warranty's coverage period, this will affect the expense for warranties for sales made both in the current period and in previous periods whose warranties have since been extended into the current period.

The cost of warranty claims might not be recognized for several months after the related sales if they were instead only recognized when the business actually processes claims from customers. For the duration of the warranty period, the financial reporting using this strategy would produce abnormally high initial profits followed by depressed profits in later months.

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all adjustments to the unadjusted book balance on a bank reconciliation require journal entries, but adjustments to the unadjusted bank balance do not require journal entries. group startstrue or false

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Only changes to the unadjusted cash (book) balance necessitate journal entries. Adjustments to the unadjusted bank balance are items that have already been recorded in the company's records, such as deposits in transit and outstanding checks. Thus, the right choice is true.

What is a journal entry?

A journal entry is an act of keeping or making records of any commercial or non-commercial transaction.

Journal entries can capture one-time events or ongoing events like depreciation or bond amortization. Journal entries are frequently entered in a different module from accounts payable, which normally has its own sub-ledger that impacts the main ledger indirectly. As a result, journal entries immediately affect the general ledger account balances. A correctly documented journal entry includes the right date, amount(s) to be debited, amount to be credited, transaction narrative, and a unique reference number.

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the debt coverage ratio is used to indicate how much the noi can decline before it will not cover the debt service on the property. lenders usually seek a minimum dcr of

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The debt coverage ratio is used to show the NOI can drop before it stops paying the property's debts. Typically, lenders look for a minimum DCR of 1.20.

The ratio of operational revenue available for debt servicing for interest, principal, and lease payments is called the debt service coverage ratio (DSCR), also referred to as the "debt coverage ratio" (DCR). It is a widely used yardstick for evaluating how well-equipped a person or business is to generate enough cash flow to pay off its debt (including lease) obligations.

The easier it is to get a loan, the greater this ratio is. The expression can be used to represent a minimal ratio that is acceptable to a lender or a loan requirement in commercial banking. In some situations, breaking a DSCR covenant qualifies as a default.

In general, it is calculated by:

DSCR = Net Operating Income/Debt Service

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automatic stabilizers part 2 a. cause changes in the economy without the action of congress and the president. b. require new legislation to be implemented. c. include the progressive income tax but not unemployment compensation. d. are a component of discretionary fiscal policy.

Answers

Automatic stabilizers cause changes in the economy without the action of congress and the president. So, the correct answer is option A.

What Is an Automatic Stabilizer?

Automatic stabilisers are a sort of fiscal policy intended to counteract changes in a country's economic activity through the course of their regular operation without additional, timely approval by the government or policymakers.The most well-known automatic stabilisers include gradually graduated corporate and individual income taxes, as well as transfer programmes like welfare and unemployment insurance. Because they act to smooth economic cycles and are automatically initiated without further government intervention, automatic stabilisers are so named. The goal of automatic stabilisers, which are continuous government programmes, is to stabilise incomes, consumption, and corporate spending over the course of the business cycle by automatically adjusting tax rates and transfer payments.Keynesian economics favours automatic stabilisers as a sort of fiscal policy to address economic downturns and recessions.

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which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast? which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast? assemble-to-order make-to-order make-to-stock engineer-to-order

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Manufacturing strategy can be described as producing products to put into inventory based on a demand forecast? which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast Make-to-stock.

Make-to-stock (MTS) is a production approach wherein manufacturing making plans and manufacturing scheduling are primarily based totally on forecasted product demand. Products made for the duration of one manufacturing length are used to meet orders made withinside the subsequent manufacturing length.

Overall, a properly thought-out product and accompanying production approach permits you to make key selections round production with extra certainty, and higher put together your product for market.

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juno tells liu she will give him her old car if he babysits her son marc weekday evenings for six months. liu agrees. juno and lee have formed a. a void contract. b. an unenforceable contract. c. a unilateral contract. d. a bilateral contract.

Answers

Juno tells Liu she will give him her old car if he babysits her son marc weekday evenings for six months. Liu agrees. Juno and Liu have formed a bilateral contract.

What is bilateral contract?A bilateral contract is a contract in which both parties exchange promises of performance. One  promise works in return for the other promise. As a result, each party is both an obligor of its own promises and an obligor of the other party's promises. (Compare: unilateral contract) Each sales contract is an example of a bilateral contract.A car buyer may agree to pay the seller a certain amount  in exchange for ownership of the car. Seller agrees to surrender vehicle title in exchange for the stated sales amount. A bilateral contract is a binding agreement between two parties in which both parties commit to perform  one side of the agreement.

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would a profit-maximizing firm continue to operate if the price in the market fell below its average cost of production? provide a novel example and explain.

Answers

A profit- maximising firm will continue to operate even if price falls below average cost, as long as price is above average variable cost.

A company makes an economic profit—above normal profit—by producing at the level that balances marginal revenue and marginal cost if pricing is higher than average total cost. But if the price drops below the average total cost, the business loses money.

The total cost of production divided by the number of units produced is known as the average cost of production. Simply put, average cost is determined by dividing the total production cost by the quantity of units produced.

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bellwood corp. is comparing two different capital structures. plan i would result in 12,700 shares of stock and $109,250 in debt. plan ii would result in 9,800 shares of stock and $247,000 in debt. the interest rate on the debt is 10 percent. a. ignoring taxes, compare both of these plans to an all-equity plan assuming that ebit will be $79,000. the all-equity plan would result in 15,000 shares of stock outstanding. what is the eps for each of these plans? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. in part (a), what are the break-even levels of ebit for each plan as compared to that for an all-equity plan? (do not round intermediate calculations.) c. ignoring taxes, at what level of ebit will eps be identical for plans i and ii? (do not round intermediate calculations.) d-1. assuming that the corporate tax rate is 21 percent, what is the eps of the firm? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d-2. assuming that the corporate tax rate is 21 percent, what are the break-even levels of ebit for each plan as compared to that for an all-equity plan? (do not round intermediate calculations.) d-3. assuming that the corporate tax rate is 21 percent, when will eps be identical for plans i and ii? (do not round intermediate calculations.)

Answers

$47.50 will eps be identical for plans i and ii.

A crucial financial metric that reveals a company's profitability is earnings per share, or EPS.

Equity-only plan:

15,000 shares are available.

1. Plan

12, 700 shares total.

Debt value: $109,250

Price per share equals ((Number)/(Value of Debt))

shares under Plan I divided by the number of shares under the All-Equity Plan.

Each share is worth $109,250. (15,000 - 12,700)

Share price = $109,250 divided by 2,300

$47.50 per share is the cost.

2. Plan

9,800 shares are available.

Debt value: $247,000.

Price per share equals ((Number) / Debt Value)

Number of shares under the All-Equity Plan -

shares issued under Plan II.

$247,000 per share is the price (15,000 - 9,800)

$247,00 / 5,200 is the price per share.

$47.50 per share is the cost.

It is figured up by dividing the company's net income by the total number of outstanding shares. Net profit divided by the number of outstanding common shares equals earnings per share (EPS) for a corporation.

EPS is a commonly used indicator for calculating corporate value since it shows how much money a firm produces for each share of its stock.

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When jobs returned to apple in 1997, he reduced apple’s offering to how many products?.

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Jobs cut all of the desktop models—there were fifteen—back to at least one. He cut all transportable and hand-held models back to at least one laptop computer.

He fully cut out all the printers and alternative peripherals. When Steve Jobs returned to Apple in 1997, his 1st action was reducing quite the ninetieth of Apple products. Moving forward, Jobs' strategy was to provide solely four products: one desktop and one transportable device aimed toward each customer and professional.

Jobs quickly cast employee alliances with Apple's erstwhile foe,  Amelio's Mac-clone agreements, and simplified the company's line.

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a firm is evaluating two mutually exclusive projects that have unequal lives. the firm must evaluate the projects using the annualized net present value approach and recommend which project they should select. the firm's cost of capital has been determined to be 14 percent, and the projects have the following initial investments and cash flows: tableau3 ( ( project r project s)(initial investment: $40,000 $58,000cash flows: 1 $20,000 $30,000 2 20,000 55,000 3 20,000 4 20,000) ) which project should the firm select?

Answers

Pick Project S since it has a $6459 ANPV.

To choose the most favorable project, the ANPV restates the project's NPV into an annual annuity value.

The result is displayed below:

Year Discounting factor at 14% Project R  PV of project R Project S PV of project S

0            1 -$40,000 -$40,000 -$58,000 -$58,000

1            0.8772  $20,000 $17,544          $30,000 $26,316

2            0.7695  $20,000 $15,389          $55,000 $42,321

3            0.6750  $20,000 $13,499  

4            0.5921  $20,000 $11,842  

NPV                           $18,274                 $10,636

Where discounting factor for year 1 = 1 ÷ 1.14

= 0.8772

So,  

ANPV for project R = 18274 ÷  2.9137

= $6272

ANPV for project S = 10636 ÷  1.6467

= $6459

The cumulative discounting factors are 2.9137 for four years and 1.6467 for two years, both at a 14% rate.

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based on the tables below, which of the following sql commands would return the average customer balance grouped by salesrepno?

Answers

c) SELECT AVG (Balance) FROM CUSTOMER GROUP BY SalesRepNo sql commands would return the average customer balance grouped by salesrepno.

What SQL keyword is used to specify the criteria for which rows should be selected?

The condition that defines which rows are to be picked is contained in the SQL WHERE clause. Duplicate rows may appear in a SQL SELECT operation's output. Use the FROM keyword in conjunction with the DISTINCT keyword to have SQL automatically remove duplicate entries from a result.

The columns that should be listed in the query results are specified using the SQL keyword SELECT. The table(s) from which the desired data will be fetched are specified using the SQL keyword WHERE.

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Complete Question:

Based on the tables below, which of the following SQL commands would return the average customer balance grouped by SalesRepNo?

GENERAL SALES DATABASE:

SALESREP

SalesRepNo - RepName - HireDate

654 - Jones - 01/02/2005

734 - Smith - 02/03/2007

345 - Chen - 01/25/2018

434 - Johnson - 11/23/2004

CUSTOMER

CustNo - CustName - Balance - SalesRepNo

9870 - Winston - 500 - 345

8590 - Gonzales - 350 - 434

7840 - Harris - 800 - 654

4870 - Miles - 100 - 345

a) SELECT AVG (Balance)

FROM CUSTOMER

ORDER BY SalesRepNo;

b) SELECT AVG (Balance)

FROM CUSTOMER

WHERE SalesRepNo;

c) SELECT AVG (Balance)

FROM CUSTOMER

GROUP BY SalesRepNo;

d) SELECT AVG (Balance)

FROM CUSTOMER, SALESREP

WHERE SALESREP. SalesRepNo = CUSTOMER. SalesRepNo;

should there be laws to restrict the value of houses people buy and the amount of leverage used to buy the house? what is the problem with having such laws in a free market?

Answers

There should be regulations that limit the value of houses that individuals may buy and the amount of leverage they use to acquire the property because if the value of the house is too high, no one can afford it unless they leverage themselves and go bankrupt.

Regulation in the social, political, psychological, and economic domains can take many forms, including legal restrictions imposed by a government authority, contractual obligations, self-regulation in psychology, social regulation, co-regulation, third-party regulation, certification, accreditation, or market regulation. State-mandated regulation is government interference in the private market to implement policies and generate outcomes that would not otherwise occur, ranging from consumer protection to speedier growth or technical innovation. The regulations may prescribe or prohibit behavior ("command-and-control" regulation), calibrate rewards ("incentive" regulation), or alter preferences ("preferences shaping" regulation). The ability to regulate should include the ability to enforce regulatory decisions. Monitoring is a significant technique utilized by national regulatory authorities in carrying out regulated operations.

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which it leadership role is a relatively new position and emerged as a result of the growing interest in adopting clinical information systems and leveraging those systems to improve care?

Answers

Chief scientific records officer role is a rather new function and emerged as a end result of the growing interest in adopting scientific records structures and leveraging these systems to improve care.

A chief scientific data officer (CMIO) is a healthcare govt who is accountable for managing the health informatics platform and working with medical IT personnel for supporting efficient design, implementation and usage of healthcare technologies. It is a surprisingly new role in the healthcare space.

Is CMIO still relevant?

SINGAPORE – Amid calls from a number quarters for Singapore to ditch its long-standing Chinese-Malay-Indian-Others (CMIO) framework, a survey has shown that the mannequin is nevertheless relevant as Singaporeans - which includes younger ones - nonetheless fee the importance of race, its researchers say.

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If you wanted to know what factors contributed to your credit score, how could you find out?.

Answers

Check your credit report to find out what elements went into determining your credit score.

Your credit report and credit score are influenced by your payment history, debt-to-credit ratio, length of credit history, new credit, and the total amount of credit you have.

You can examine your credit reports for free if you're interested in seeing what's there. Free Equifax and TransUnion credit reports are available through Credit Karma. Additionally, you may visit annualcreditreport.com every 12 months to get a free copy of your credit report from each of the major credit bureaus.

Your FICO credit score is determined by five factors: your payment history, the amount of debt you have in relation to the credit you have available, the length of time you have had credit accounts, the mix of different types of credit you have (loans and credit card accounts), and your desire for new credit.

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recently, aditya income life offered and annuity that pays 10% compounded annually. if $1,150 is deposited into this annuity at the beginning of every year, how much is in the account after 9 years?

Answers

Aditya income life offered and annuity that pays 10% compounded annually. if $1,150 is deposited into this annuity at the beginning of every year, $ 17178.04 is in the account after 9 years.

Formula to determine  future amount of annuity due ( when payment deposit in beginning of each period)1+

A = [tex]\frac{p(1+r^{n)-1} (1+r) }{r}[/tex]

where p is periodic deposit amount

r is interest rate per period

n is number of period

n = compounding frequency x time

          1x 9 = 9

p = $1,150

r = 10%= 0.10

n= 9

therefore,

A = 1150 [tex](1+ 0.10)^{9}[/tex]-1 (1+ 0.10)/ 0.10

  = 1717.803822/0.1

  =$ 17178.04

What is annuity?

An annuity is a contract between you and an insurance company whereby you make a lump sum or series of payments  in exchange for regular payments that begin either immediately or at some point in the future.

There are three main types of annuities:

fixedvariable indexed.

Each type has its own risk level  and pay-out potential. In all of these, it is often structured as a deferred annuity. An important feature to consider with any annuity is its taxation. Although the balance grows tax-deferred, the payments you receive are subject to income tax.

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which factor is least likely to add to the pressure for a firm to be locally responsive? multiple choice host-government demands differences in consumer tastes and preferences differences in infrastructure switching costs for consumers

Answers

Option d.) switching costs for consumers is the correct answer as consumer tastes and preferences, infrastructure, accepted business practices and distribution channels, and host government requirements create pressure on local capacity. At the very least, it could increase the pressure on companies to seek local responses.

Switching costs are the costs that consumers pay as a result of switching brands or products. Switching costs can be financial, psychological, effort-based, and time-based. Switching costs can be categorized into high switching costs and low switching costs.

To meet the pressure to go local, companies need to differentiate their products and marketing strategies by country to take into account these factors that tend to increase a company's cost structure.

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a company reports the following balances on their balance sheet given this information, what is the current balance in the common stock account?

Answers

The current balance in the common stock account is 23,000

Liabilities plus owner equity equal assets. The fundamental formula used to determine whether your balance sheet is actually "balanced" after all of your assets, liabilities, and equity have been recorded. Your sheet is balanced if the total on both sides of the equal sign is the same. A company's assets and the corresponding claims against those assets are listed on the balance sheet. The impact of transactions on stockholders' equity during an accounting period are described in the statement of changes in stockholders' equity.

In the balance sheet's assets section, current assets are listed first.

(Competed question)

A company reports the following balances on their balance sheet:

Assets $75,000

Liabilities 35,000

Retained Earnings 17,000

Given this information, what is the current balance in the common stock account?

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why would subcontractors for a government project want their activities on the critical path? under what conditions would they try to avoid being on the critical path?

Answers

They enjoy being on the critical path because they are being compensated in situations where cost incentives are provided for early project completion.

What conditions would they try to avoid being on the critical path?A subcontractor can prefer to run his activities along the important route when financial rewards are given for finishing the project on time. It makes natural that operations along the path would draw more money to hasten completion because the important path ultimately determines project length.The amount of time that a task can be delayed without impacting the completion date of the project or any other task is known as slack time. This is the amount of time that an operation can be delayed without affecting the overall project's timeline. The difference between the target deadline and the required dates to complete the crucial route is the amount of slack time that is actually available.

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what are three advantages of a high/low pricing strategy? multiple select question. it reduces advertising and operating expenses. it assures customers of continually low prices. it increases profits by allowing retailers to charge higher prices. it creates excitement for consumers. it improves inventory management. it provides a way to get rid of slow-selling merchandise.

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Three advantages of a high/low pricing strategy are  it reduces advertising and operating expenses. it assures customers of continually low prices. it increases profits by allowing retailers to charge higher prices.

By providing a discount to a product that is priced "high," buyers are more inclined to purchase the goods because they believe it is a good deal. In essence, the initial high price establishes the product's value to customers. Major advertising such as Macy's and Nordstrom, as well as specialty companies such as Adidas and Nike, use high-low pricing strategy extensively. They set high prices but then offer lower prices to customers on a regular basis through sales, promotions, or coupons.

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which of the following skills best helps you gain a deeper understanding of yourself so that you can work collaboratively with others? a.) the self and social awareness skill b.) the innovation skill c.) the productivity skill d.) the results driven skill

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The self and social awareness skill are the skills that best helps you gain a deeper understanding of yourself so that you can work collaboratively with others.

What are social awareness skills?

Social awareness encompasses skills like a keen interest in the viewpoints of others. recognizing and valuing others' innate abilities. displaying compassion and empathy. For children to form healthy connections and make wise judgments, they must learn social awareness, often known as socialization.

Social awareness is crucial for our personal emotional well-being in addition to helping us build better relationships and communication abilities. The capacity to perceive community resources and supports, as well as to comprehend social and ethical norms for behavior.

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assume simple company had credit sales of $246,000 and cost of goods sold of $146,000 for the period. simple uses the percentage of credit sales method and estimates that 1 percent of credit sales would result in uncollectible accounts. before the end-of-period adjustment is made, the allowance for doubtful accounts has a credit balance of $210. required: what amount of bad debt expense would the company record as an end-of-period adjustment?

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As a result, we must record a $2,250 bad debt expense.

Companies can choose to book up front a percentage of credit sales (e.g., 3% annually) based on historical patterns and book an allowance for doubtful accounts of this amount in order to account for credit sales that may never be collected.

Applying the allowance method is a breeze in this case.

We have 246,000 sales.One percent of these are thought to be uncollectible.

To put it another way, the new balance for the allowance for debtful accounts is 2,460, or 1% divided by 246000.

We currently have a $210 balance.As a result, we must book a bad debt expense to add the difference to the allowance.

2460 x 210 = $2,250 We must therefore record a $2,250 bad debt expense.

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because of the belief that accounting based numbers such as roi, roe, and eps are not reliable indicators of a corporation's economic value, which method of corporate performance is now touted?

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Shareholder value is the method of corporate performance which belief that accounting based numbers such as roi, roe, and eps are not reliable indicators .

What is Shareholder value ?

A word used in business is "shareholder value," which is often referred to as "shareholder value maximization." Along with the management idea of value-based management, or "managing for value," it rose to prominence in the 1980s and 1990s.

Shareholder Value is the portion of a publicly listed company's capitalisation that is comprised of equity as opposed to long-term debt. This would be about equal to the number of outstanding shares times the current share price if there were only one type of stock. Dividends and the like increase shareholder value, but the issuance of shares (stock options) decreases it. The average/required rise in value should be compared to this shareholder value contributed, taking into account the organization's cost of capital.

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