The Residual Income for each division:
Retail Division = $4,95,000
Commercial Division = $2,97,000
Internet Division = $4,86,000
Retail Division Commercial Division Internet Division
A. Operating Income $155,800 $134,000 $146,400
B. Minimum acceptable operating income as a % of invested assets:
Retail Division Commercial Division Internet Division
Invested assets $550,000 $330,000 $540,000
(Invested assets x 10%) = $55,000 $33,000 $54,000
C = A - B Residual Income =$4,95,000 $2,97,000 $4,86,000
What is Residual Income?Residual Income refers to a calculation that provides the amount of money leftover that a company or individual has after all expenses have been paid. The amount of money that is left over after all expenses are covered is typically referred to as residual income, profit, net income, or earnings.
One specific type of meaning for residual income is similar to the terms passive income or residual pay—in that it can represent income earned on a continual basis, not tied to specific amounts of time, and not requiring active work to generate.
Learn more about Residual Income on:
brainly.com/question/22985922
#SPJ4
_____ refers to the process of combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modeling and analysis.
Business intelligence refers to the process of combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modelling and analysis.
What are the five basic tasks of business intelligence?
Business Intelligence. ...
The five key stages of Business Intelligence:Data sourcing : ...Data analysis: ...Situation awareness : ...Risk assessment : ...Decision support. ...Some Definitions:What are the benefits of business intelligence?
Faster analysis, intuitive dashboards.
Increased organizational efficiency.
Data-driven business decisions.
Improved customer experience.
Improved employee satisfaction.
Trusted and governed data.
Increased competitive advantage.
Learn more about business intelligence here:
https://brainly.com/question/13339276
#SPJ4
Business intelligence is the process of combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modeling and analysis.
What is Business intelligence? It helps organizations to make more data-based or data-driven decisions.Many organizations and businesses have certain goals. They work according to these goals and BI helps these organizations achieve these goals by directing and guiding them. BI uses tools of data analyzing, data visualization, and other data tools to construct graphs and charts. Machine learning, statistics and other methods are used for data mining. It is also used for descriptive analysis and statistical analysis. Using BI produces better forms of processed data. It also results in an increased employee satisfaction.
To learn more about business intelligence visit : https://brainly.com/question/14581141?
#SPJ4
When a consumer purchases a product, a(n) _________ is created for this item to be re-stocked by the merchant.
When a consumer purchases a product, a demand is created for this item to be re-stocked by the merchant.
Consumer demand is a monetary measure of a group's choice for a service or product primarily based on availability. It represents the shopping behavior of clients and helps determine the shopping traits of unique populations.
The monetary elements that maximum affect the call for customer goods are employment, wages, expenses/inflation, hobby fees, and purchaser self-belief.
Demand is decided by using some factors, inclusive of the range of humans looking for your product, how a great deal they are inclined to pay for it, and what kind of your product is available to consumers, both from your business enterprise and your competition.
Learn more about Consumer here: https://brainly.com/question/380037
#SPJ4
Ghada is the CEO of Black Mesa Inc., a publicly traded company. The shareholders want Ghada on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Ghada is
Ghada is already a CEO of Black Mesa Inc. and the shareholders want Ghada to be the member of board of directors because She is a trusted person by the shareholders.
Who is a CEO?CEO is also known as the Chief Executive Officer, A CEO is the highest ranking officer in a company. He/She is usually involved in the key decision making for the company. A CEO has the responsibility of oversighting the executive teams of the company.
Ghada is being voted to be the member of Board of directors by the shareholders because She is trusted by the shareholders, Ghada must have served as a CEO or as an employee of Black Mesa Inc. for a long time and that is why the shareholders have this much trust in her.
Ghada must have made beneficial decisions in the past which could have resulted in a gain for the shareholders.
Learn more about CEO at https://brainly.com/question/27081328
#SPJ1
Most federal expenditures in texas go to education and health and human services. However, in order to receive these funds, texas must:______.
a) allow the federal government to manage these programs.b) implement progressive taxes in order to generate more revenue.c) coordinate efforts with neighboring states to achieve economies of scale.d) spend state money in these areas first.
For the federal government to fund education and health in Texas, the state government has to d) spend state money in these areas first.
How does Texas access federal funds?Existing federal arrangements with Texas allow it to access federal funding in certain areas such as education, health, and human services.
In order to access these funds however, the Texas government needs to show a commitment to improving these areas by spending on them first.
Find out more on federal funding in the U.S. at https://brainly.com/question/23939279
#SPJ1
On June 30, 2024, the Esquire Company sold some merchandise to a customer for $54,000. In payment, Esquire agreed to accept a 7% note requiring the payment of interest and principal on March 31, 2025. The 7% rate is appropriate in this situation. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), the December 31, 2024 interest accrual, and the March 31, 2025 collection. 2. If the December 31 adjusting entry for the interest accrual is not prepared, by how much will income before income taxes be over- or understated in 2024 and 2025?
The income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.
Income before taxesEsquire Company journal entries
June 30, 2024
Debit Note receivable $54,000
Credit Sales $54,000
Dec 31, 2024
Debit Interest receivable $1,890
Credit Interest Income $1,890
($54,000 x 7% x6/12)
March 31, 2025
Debit Cash $56,835
Credit Interest receivable $1,890
Credit Interest income $945
($54000 x 7% x 3/12 )
Credit Note Receivable $54,000
Therefore the income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.
Learn more about Income before taxes here:https://brainly.com/question/14644556
https://brainly.com/question/17005057
#SPJ1
Brenda says her assets are definitely greater than her liabilities. Which explains whether Brenda is correct
Brenda says her assets are definitely greater than her liabilities .Brenda is mistaken since it is possible that the entire worth of all of her assets is lower than the value of all of her obligations. This is further explained below.
What is assets?Generally, assets are economic resources owned or controlled by individuals, corporations, or countries with the idea that they will provide a future financial advantage.
In conclusion, Brenda asserts that her assets are far more than her obligations at this time. Brenda is erroneous because it is conceivable that the whole value of all of Brenda's commitments is more than the total value of all of Brenda's assets combined.
Read more about assets
https://brainly.com/question/14404094
#SPJ1
On April 15, Compton Co. paid $2,800 to upgrade a delivery truck and $125 for an oil change. What account(s) would be debited for the upgrade to delivery truck and oil change
The journal entries for the upgrade to Compton Co.'s delivery truck and oil change expenditures are as follows:
Journal Entry on April 15:
Delivery Truck dr......... $2,800
Delivery Truck Maintenance Expense dr......... $125
To Cash $2,925
(To record the upgrade to the delivery truck and maintenance expense.)
Journal entries are used by the companies, firms, NPO, etc. to keep a record of the transactions done by it.
Journal entries are maintained with appropriate proofs of receipt, bill, etc.
This is so that the transaction can be backed by proof of such a transaction happening.
Journal entries are recorded in the journal book maintained by them.
Hence, The journal entries for the upgrade to Compton Co.'s delivery truck and oil change expenditures are as follows:
Journal Entry on April 15:
Delivery Truck dr......... $2,800
Delivery Truck Maintenance Expense dr......... $125
To Cash $2,925
(To record the upgrade to the delivery truck and maintenance expense.)
Learn more about journal entries:
https://brainly.com/question/14279491
#SPJ1
As shift supervisor, Cassandra developed the schedule for the day, indicating which of her staff would be doing which job. The staff follows this schedule because of Cassandra's ______ power.
The staff follows this schedule because of Cassandra's legitimate power.
As a result, the organization as a whole and the followers' attitudes change for the better. The four I's, often known as the four distinguishing behaviors of transformational leaders, are typically displayed. Inspirational motivation, idealized influence, intellectual stimulation, and individualized consideration are examples of these activities.Personalized power, or power oriented at assisting oneself, can be used to advance one's own selfish goals rather than those of others or the organization. This type of power can give the word "power" a negative reputation.Which of the following are considered soft influence tactics?Personal appeal, consultation, inspirational appeal, ingratiation, and reasonable persuasion are examples of soft methods. Compared to strong methods, soft techniques provide the person being persuaded greater freedom in determining whether or not to accept the influence.Learn more about legitimate power
brainly.com/question/4584133
#SPJ4
Business cycles refer to the:____.
a. continued expansion in real gdp.
b. recurrent swings (up and down) in real gdp.
c. continued decline in real gdp.
d. period when real gdp grows at unusually high rates.
Business cycles refer to the recurrent swings (up and down) in real GDP.
Economic downturns were seen by economists in both the United States and Europe as "diseases" that needed to be addressed; as a result, countries with a history of development and prosperity were considered to be "healthy" economies.
However, by the end of the 19th century, a large number of economists had come to understand that economies were cyclical by their very nature, and research was increasingly focused on identifying the primary factors that shaped the direction and disposition of national, regional, and industry-specific economies.
Economic experts, corporate leaders, and business owners point to a number of elements as being particularly crucial in determining the character of business settings today.
Hence, option C is correct.
To learn more about Business Cycle here
https://brainly.com/question/4511868
#SPJ4
Oberholser, Inc., has an issue of preferred stock outstanding that pays a dividend of $3.15 every year in perpetuity. If this issue currently sells for $92 per share, what is the required return
The required rate of return is $3.42%
What is Perpetuity?A constant cash flow with indefinite period of time is called perpetuity. In this question a perpetual payment of dividend is being made. so the price of the share is calculated by the formula of perpetuity.
Given:
Present value of perpetuity = $92 per share
Cash flows = $3.15 every year
Find:
Rate of return can be calculated from the perpetuity formula
Present value of perpetuity = Cash flows / Required rate of return
Present value of perpetuity = Cash flows / Required rate of return
$92 = $3.15 / Required rate of return
Required rate of return = $3.15 / $92
= 0.0342
= $ 3.42%
Therefore the Required return for Oberholser, Inc will be 3.42%.
Learn more about Required return on:
brainly.com/question/13941905
#SPJ4
Match each term with its description. Tiles human capital right gross domestic product infrastructure physical capital Pairs the direction a production possibilities curve shifts when the economy grows
All are terms relating to Economic Growth.
Right: the direction a production possibilities curve shifts when the economy grows.Tiles: Physical CapitalHuman capital: the skills and knowledge that employees bring to their jobs.Infrastructure: the items necessary for a business or community to function, such as railroads, airports, hospitals, and Internet.What is Economic growth of a country?When comparing one period of time to another, economic growth is a rise in the production of economic commodities and services. It can be calculated in nominal or real (inflation-adjusted) terms. Although other metrics are also employed, gross national product (GNP) or gross domestic product (GDP) are the most common ways to quantify overall economic growth. An economy is said to be experiencing economic growth when its total output rises. Gains in overall production frequently, but not always, correlate with higher average marginal productivity.In economic growth, there is a gain in income, which encourages people to spend more money on goods and services, raising the standard of living or quality of life in tangible terms.
Know more about Economic growth with the help of the given link:
https://brainly.com/question/16999482
#SPJ4
Answer:
This is the correct answer.
Explanation:
When the dollar strengthens the reported consolidated earnings of us based mncs are affected by translation exposure when:_____.
When the dollar strengthens the reported consolidated earnings of us based MNCs are affected by translation exposure when unfavorably, or favorably affected.
Borrow in foreign currency and convert to local currency before revaluation. Economic risk is a type of foreign exchange risk caused by the impact of unexpected currency fluctuations on a company's future cash flows, foreign investments, and earnings.
Since when the dollar is powerful the current of foreign purchased few of U. S dollar and in the case when the dollar is weak the condition is opposite
Therefore at the time of a powerful dollar, the consolidated earning MNC is unfavorably affected and at the time of weakens, it is favorably affected
As the dollar rises (the exchange rate rises), the relative prices of domestic goods and services rise and the relative prices of foreign goods and services fall. 1. Changes in relative prices cause US exports to fall and US imports to rise.
Learn more about consolidated earnings at
https://brainly.com/question/17079943
#SPJ4
suppose that a perfectly competitive firms marginal revenue equals $12 when it sells 10 units of output. if the marginal cost of producing the 10th unit is $14 to maximize its profit the firm should
To Maximize the Profit the Firm should Decrease its production.
What are perfectly competitive firms?A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.Agricultural markets are examples of nearly perfect competition as well. Imagine shopping at your local farmers' market: there are numerous farmers, selling the same fruits, vegetables and herbs. You can easily find out the prices for the goods, but they are usually all about the same.The three primary characteristics of perfect competition are
no company holds a substantial market share, the industry output is standardized, and there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.Therefore, to uphold its position in the market the firm should decrease
its production.
To know more about perfectly competitive firms, click the given links.
https://brainly.com/question/28071637
https://brainly.com/question/25327136
#SPJ4
The amount of goods and services people can buy with the money they have is called their:__________.
The amount of goods and services people can buy with the money they have is called the Purchasing power.
The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
The term "purchasing" or "buying power" in the context of investments refers to the dollar amount of credit that a client has in relation to the marginable securities that are currently in their brokerage account. The Consumer Price Index, which tracks changes in the prices of products and services over a period of months or years, assesses changes in consumer purchasing power.
The Consumer Price Index, which was first published in 1921 and is calculated each month using information gathered by the Bureau of Labor Statistics from the Census Bureau, shows changes in the cost of 400 carefully chosen commodities, ranging from food to housing. The Consumer Price Index, which measures changes in the prices of goods listed on it, offers the most accurate estimation of consumer spending power.
To know more Consumer Price Index here
https://brainly.com/question/12988188
#SPJ4
How does strategic planning influence day-to-day business operations? why is it important for systems analysts to understand a company’s strategic plan?
Strategic planning is the art of developing specific business strategies, putting them into action, and evaluating the results in relation to a company's overall long-term goals or desires. Strategic planning is the art of understanding the strategic plan, which are the long-term goals for a company.
It is a theory that concentrates on integrating different corporate divisions to help a company achieve its strategic goals. The terms "strategic planning" and "strategic management" are nearly synonymous.
The idea of strategic planning first gained popularity in the 1950s and 1960s and it remained prominent in the business sector into the 1980s.
To learn more about business strategies, click here
https://brainly.com/question/3325483
#SPJ4
During 2015 Lopez Corporation reported net sales of $3,200,000 and net income of $1,200,000. Its balance sheet reported average total assets of $1,600,000. Calculate the asset turnover.
The asset turnover is 2.4 times.
Asset turnover = Net sales \div Average total assets
Asset turnover = $3,000,000 \div [ $1,000,000 + $1,500,000 ] \div 2
Asset turnover = 2.4 times
Asset turnover is the ratio of total sales or revenue to average assets. This metric helps investors understand how effectively companies are using their assets to generate revenue. Investors use asset turnover to compare similar companies in the same industry or group.
In the retail sector, an asset turnover of 2.5 or higher may be considered good, but in the utility sector, a company is more likely to aim for an asset turnover between his 0.25 and 0.5.
Learn more about asset turnover at
https://brainly.com/question/13401474
#SPJ4
The most competitively effective and very likely most profitable long-term approach to reducing or eliminating the impact of paying tariffs on pairs imported to a company's distribution warehouse in Europe-Africa is to
Build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all ( or at least most) of the pairs the company intends to try to sell in Europe-Africa is the most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying tariffs imported to a company's distribution warehouse in Europe-Africa.
Tariffs are taxes imposed by one country on goods or services imported from another country. Tariffs are trade limitations that raise prices and decrease available quantities of goods and services for U. S. businesses and customers.
A “unit” or specific tariff is a tax levied as a fixed charge for each unit of a good that is imported – for instance, $300 per ton of imported steel. An “ad valorem” tariff is levied as a proportion of the value of imported goods. An example is a 20 percent tariff on imported automobiles.
Learn more about Tariffs here https://brainly.com/question/8000501
#SPJ4
Units Direct materials Percent Complete Conversion Percent Complete Units completed and transferred out 120,000 100% 100% Ending work in process inventory 40,000 20% 60% Determine the equivalent units of production for the Forming department for direct materials and conversion costs assuming the weighted average method.
The equivalent units of production for the Forming department for direct materials and conversion costs assuming the weighted average method is equal to 144000 (conversion) & 128000 direct material.
DESCRIPTION DIRECT MATERIAL CONVERSION
Transfered out unit (100% complete) 120000 120000
ENDING INVENTORY
Material = 40000 * 20% 8000 24000
concersion - 40000 * 60%
EQUIVALENT UNITS 128000 144000
Conversion percentage is the method of the percentage into whole number i.e conversion cost.
Average method referred to as the weighted average fee technique, the common-cost approach is an accounting formula used whilst calculating inventory price. This figure is reached by way of dividing the entire fee of products by means of the total variety of products over a particular accounting cycle.
Learn more about average method here:-https://brainly.com/question/6504879
#SPJ1
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, why might this be so
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.
What are Excise taxes?Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax. Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive. Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.To learn more about Excise taxes refer to:
https://brainly.com/question/22358769
#SPJ4
Data indicated that jeff's fidgeting accounted for _____ of his calorie burn.
a. one-quarter
b. three-quarters
c. one-half
d. virtually all
Data indicated that jeff's fidgeting accounted for c. one-half of his calorie burn.
The more energetic you are, the greater calories you burn. In reality, some individuals who are stated to have a quick metabolism are possibly just greater lively and perhaps fidget more than others. aerobic exercising is the most efficient way to burn calories and includes sports consisting of taking walks, bicycling, and swimming.
Most people will burn over 1800 calories each day, without doing any exercise in any respect. As Dr Potter explains, this is because we burn maximum of our calories just via each day bodily features. “Our bodies have all forms of distinctive house responsibilities capabilities they must preserve even at relaxation.
As a widespread guiding principle, girls usually burn approximately 2,000 calories in step with day and men burn about 2,500 energy consistent with day. those numbers are frequently used to determine an approximate food intake for weight protection. however these numbers are especially variable.
Learn more about calories here https://brainly.com/question/27544965
#SPJ4
Suppose that there are two types of cars: high value (which are worth $10,000 to buyers) and low value (which are worth $5,000 to buyers).
If buyers cannot observe the quality of a car before buying it, they will be willing to pay Less than $10,000 for a car. Thus, the sellers of high-value cars will not be willing to sell their cars. The result of this information asymmetry will be that there are no high-value cars in the market , a problem known as Adverse Selection.
What is Adverse Selection?Adverse selection refers generally to a situation in which sellers have information that buyers do not have, or vice versa, about some aspect of product quality. In other words, it is a case where asymmetric information is exploited. Asymmetric information, also called information failure, happens when one party to a transaction has greater material knowledge than the other party.
Adverse selection happens when there are two or more parties and one of them has more information than the other.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
Suppose that there are two types of cars: high value (which are worth $10,000 to buyers) and low value (which are worth $5,000 to buyers). If buyers cannot observe the quality of a car before buying it, they will be willing to pay ______ for a car. Thus, the sellers of high-value cars _____ be willing to sell their cars. The result of this information asymmetry will be that there are ____________, a problem known as adverse selection.
A. Less than $10,000 / will / no high-value cars in the market
B. More than $10,000 / will / no high-value cars in the market
C. Less than $10,000 / will not / no high-value cars in the market
D. More than $10,000 / will not / no low-value cars in the market
E. Less than $10,000 / will not / no low-value cars in the market
Learn more about Adverse Selection on:
brainly.com/question/15180066
#SPJ4
Economic resources that are owned or controlled by a company"" – which one of the terms below matches the definition/description just given?
Economic resources that are owned or controlled by a company is asset. Economic resources are elements that are utilized to create goods or services for use or consumption. The Economic resources are sometimes referred to as production inputs. Money is just one form of the economic resource; there are others as well.
Some the economists use production components of land, capital, and entrepreneurship define economic resources. The six elements are also included in concept in other economic theories they are land, capital, information, corporate reputation, and ownership risk. Although all company need economic resources, how they employ those resources varies.
To learn more about Economic resources, click here.
https://brainly.com/question/21491680
#SPJ1
The value of the marginal product is equal to the marginal revenue product under perfect competition in the product market because:
The value of the marginal product is equal to the marginal revenue product under perfect competition in the product market because: the firm in perfect competition is a price taker.
What is the perfect competition?Perfect competition is the term that is used to refer to the type of competition that exists where there is perfect information in the market. In this market structure the monopoly does not exist.
There is free entry and there are no forms of barriers. Everyone has opportunity and the prices are not in the hands of the people that are selling or those that are buying. Hence we would have marginal product is equal to the marginal revenue product
Read more on perfect competition here: https://brainly.com/question/1488584
#SPJ1
A trader sold a cash-secured put hoping to build a stock position. When the stock was trading at $98.50, he sold the 95 put for $2.30. Not including commissions and fees, what would the outcome of the trade be if the stock closed at $92.70 at expiration
$1.53 the outcome of the trade be if the stock closed at $92.70 at expiration.
Trader sold a cash-secured put hoping to build a stock position?A trader sold a cash-secured put hoping to build a stock position. When the stock was trading at $98.50, he sold the 95 put for $2.30. Not including commissions and fees.
The outcome of the trade be if the stock closed at $92.70 at expiration:
The original price is raised by $1 and the delta is added, making $1.40 plus 16 equal to $1.56. Additionally, because theta has a value, it must be added, making.
$1.56 + -.03 = $1.53.
For options, intrinsic value refers to the value that is "in the money." As a result, if an option is "out of the money," it has no intrinsic value.
Before the option is exercised, the buyer is required to sell the underlying. If an option is executed, the owner of a call and the writer of a put will buy shares. Put buyers have the right to sell, and put sellers have the obligation to buy; call buyers have the right to buy, and call sellers have to sell.
Learn more about stock position here:
https://brainly.com/question/18650575
#SPJ4
Individuals are responsible for each outcome in determining supply chain roles and responsibilities. true false
The statement "Individuals are responsible for each outcome in determining supply chain roles and responsibilities." is true. This is further explained below.
What is supply?Generally, In economics, supply is the entire quantity of a certain commodity or service that is accessible to customers.
In conclusion, I agree with the statement, "Individuals have a critical influence in shaping supply chain roles."
Read more about supply
https://brainly.com/question/14246224
#SPJ1
An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. What are the nominal, periodic, and effective interest rates for this investment opportunity
The effective compound interest rate is 13.87%.
What is Compound Interest?The interest on a loan or deposit that is calculated based on both the initial principle and the accumulated interest from prior periods is known as compound interest (also known as compounding interest). Compound interest, sometimes known as "interest on interest," is said to have its roots in 17th-century Italy. Compared to simple interest, which is calculated solely on the principal amount, it will cause a sum to grow more quickly. The frequency of compounding determines the rate at which compound interest accumulates. The compound interest increases with the number of compounding periods. For instance, during the same period of time, the amount of compound interest accrued on $100 compounded at 10% yearly will be less than $100 compounded at 5% semi-annually.Nominal = interest rate
That is Nominal rate is also known as interest rate.
Nominal rate = 13.20%
The invested money is compounded quarterly.
Periodic = 13.2%/4 (quarterly)
Periodic rate = 3.30%
Now,
The interest rate that accounts for compounding over a specific time period is called the Effective Annual Interest Rate (EAR). The rate of interest that an investor can earn (or pay) in a year after taking into account compounding is known as the effective annual interest rate, to put it simply.
Effective annual rate = EFF% = [1 + (0.13200 / 4)]⁴ - 1 = 13.87%
Know more about Compound Interest with the help of the given link:
https://brainly.com/question/14295570
#SPJ4
If the local government imposed a minimum wage of $4 in productionville, how many people would be unemployed
If the local government imposed a minimum wage of $4 in production Ville, then employment will decrease by 0.
Who among the following would be counted as unemployed?
If a person does not have a job, has actively sought employment during the previous four weeks, and is currently eligible for employment, they are considered to be unemployed.
How do we figure out the unemployment rate?
To find the proportion of unemployed people, divide the number of unemployed people by the total workforce, and multiply the result by 100.
What is considered the natural rate of unemployment?
Many people believe that a rate of unemployment between 4% and 5% indicates full employment and is not very alarming. The lowest rate of unemployment that exists while inflation is steady or when it is not increasing is known as the natural rate of unemployment.
Learn more about Unemployment: https://brainly.com/question/14227610
#SPJ4
One important driver for organizational change is ________, meaning that leaders continually urge employees to strive for higher standards or better practices.
An important driver of organizational change is the influential power, which means that leaders continually encourage employees to seek higher standards or best practices.
What is the influential power?It is a characteristic related to organizational leadership, that is, the leader is responsible for driving organizational change through his own example and behaviors, which when positive, will reflect the behavior of employees, helping to motivate, productivity and create a favorable culture to development.
Therefore, it is essential that the leader drives organizational change through compliance with ethics, objective and direct communication and assistance to the needs of employees.
Find out more about leadership here:
https://brainly.com/question/12522775
#SPJ1
Joe decided to start washing cars on his street. The other kids in the neighbourhood noticed Joe was making a lot of money washing cars and decided to open their own car wash. When they opened their own car wash, the equilibrium price ________ and the equilibrium quantity ________.
Joe decided to start washing cars on his street. The other kids in the neighborhood noticed Joe was making a lot of money washing cars and decided to open their own car wash. When they opened their own car wash, the equilibrium price decreased and the equilibrium quantity increased.
The price at which the quantity provided and demanded are equal is referred to as the equilibrium price. It is established by where the demand and supply curves cross. If more goods or services are produced than are needed to satisfy demand at the going rate, there is a surplus, which pushes prices lower.
Reduced demand will result in a drop in the equilibrium price and a reduction in supply. With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required. The equilibrium price will increase as the supply declines, while the quantity needed will go down.
Learn more about equilibrium price and quantity here
https://brainly.com/question/22569960
#SPJ4
Do nontraditional products positively impact the housing market or will they lead to further downturns in the industry?
Nontraditional products always positively impact the housing market.
First, they are such flexible that they allow the lender to make adjustments on the loans which would ensure that the borrower makes the repayment even after they defer at one point of time.
This means that they are not subjected to any amortization and their value do not deterioate.
Non-traditional goods means goods which do not include crepe rubber, scrap rubber, sheet rubber, latex or fresh coconuts, or agricultural, horticultural or dairy produce. These non traditional goods includes goods other than black tea not in packet or package form and each packet or package must not weigh more than one kilogram and always includes organic tea in bulk.
To know more about non traditional goods here:
https://brainly.com/question/26862441
#SPJ4