Answer:
$1.28 trillion
Explanation:
sample
On the maturity date of a $9,600, 3-month, 12% note, the borrower sends a check that includes the principal and all the interest due on the note. What is the amount of the borrower's check?
The amount of the borrower's check is $7,956 that includes the principal and all the interest due on the note sent on the maturity date.
What is maturity?The phrase "maturity" or "maturity date" in the context of finance refers to the day on which the last payment is expected to be made on a loan or other financial instrument, such as a bond or term deposit, and at which point the principal is expected to be repaid. "Perpetual stocks" are some financial products that never reach a predetermined maturity date and last forever. Bonds with distinct classes and staggered redemption dates are referred to as having a serial maturity when they are all issued at the same time. In the financial press, the word "maturity" is occasionally used as a colloquial term for the asset itself, as in Today's market, the yields on ten-year maturities climbed, which resulted in lower bond prices and a higher redemption yield.
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There are over 850 occupations that can be learned through an apprenticeship.
Answer:
When evaluating possible careers, you should match the career information you researched to your personal interests and resources. How can you make sure you are being realistic when setting goals?
why made the menu design
Designing the menu is important as a good restaurant menu design is key to any restaurant's marketing plan. So, while desigining a menu it should express the eatery's personality.
While desigining a menu one should provide a range of options on the menu, which means that by this action you increase the likelihood of customers finding a dish to suit their taste. Thus, by appealing to a broader audience, you improve the odds of customer satisfaction.
Here an effective menu design should communicate the brand, the ambiance, the vision, the food & beverage offerings, and also the overall experience which a guest expects to have. Thus, this is a key to any restaurant's marketing plan.
Hence, a properly designed menu directs the attention of customers.
The given question is incomplete, the complete question is-
Why do we design the menu?
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Regardless of what kind of business you work in, most business decisions will
include some level of consideration for ethical, moral, and legal choices.
Compare and contrast how each of these elements-ethical, moral, legal-play a
role the decision-making process for various business situations.
Employment practices, human rights, environmental standards, corruption, and the moral obligation of international corporations are the most pressing ethical concerns in an international business.
What do you mean when you talk about the significance of business ethics and the ethical issues that arise in business?
The implementation of appropriate business policies and procedures regarding potentially contentious topics is referred to as business ethics. Corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities are some of the topics that come up in discussions of ethics.
Outsourcing, working standards and conditions, workplace diversity and equal opportunity, child labor, and human rights are some of the most common ethical issues in international business.
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Derrald Company manufactures snowboards. Estimated costs for Year 1 were as follows:
Direct labor........................................................................................... $31,000
Bonuses paid to factory supervisors.................................................... 9,000
Interest expense..................................................................................... 32,000
Depreciation on manufacturing equipment..................................... 18,000
Indirect labor.......................................................................................... 11,000
Direct materials...................................................................................... 36,000
Income tax expense.............................................................................. 26,000
Indirect materials................................................................................... 14,000
Property taxes on the corporate office building............................... 18,000
Estimated direct labor hours were 40,000.
Actual data for Year 1 are as follows:
Total manufacturing overhead: $120,000
Direct labor hours: 60,000 hours
The predetermined manufacturing overhead rate is determined on the basis of direct labor hours. Which ONE of the following statements is TRUE?
Applied overhead was LESS than actual overhead by $42,000
Applied overhead was MORE than actual overhead by $68,000
Applied overhead was LESS than actual overhead by $22,000
Applied overhead was MORE than actual overhead by $52,000
Applied overhead was MORE than actual overhead by $22,000
Applied overhead was MORE than actual overhead by $42,000
Applied overhead was LESS than actual overhead by $52,000
Applied overhead was LESS than actual overhead by $68,000
The true statement is A. Applied overhead was LESS than actual overhead by $42,000.
What is the difference between applied and actual overheads?The difference between the applied overhead and the actual overhead gives rise to either overapplied or underapplied overhead.
Overapplied overhead arises when applied overhead is more than actual overhead.
Underapplied overhead arises when the actual overhead exceeds the applied overhead.
Note that applied overhead is based on the predetermined overhead rate(s), which are estimates.
Estimated Manufacturing Overhead Costs:Bonuses paid to factory supervisors $9,000
Depreciation on manufacturing equipment $18,000
Indirect labor $11,000
Indirect materials $14,000
Total estimated manufacturing overhead costs = $52,000
Estimated direct labor hours = 40,000 hours
Predetermined overhead rate = $1.30 ($52,000/40,000)
Actual manufacturing overhead costs = $120,000
Actual direct labor hours = 60,000
Applied overhead = $78,000 (60,000 x $1.30)
Underapplied overhead = $42,000 ($120,000 - $78,000)
Thus, the true statement about the overhead application is Option A.
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Identify a nonprofit that offers recreation activities as part of its structure and how it provides said recreation.
Some examples of a nonprofit organization that offers a recreation activities as part of its structure includes:
Little League BaseballNational Recreation and Park AssociationPop Warner Little ScholarsMonterey Institute for Research in Astronomy.What is a nonprofit organization?Basically, a non-profit organization refers to the group organized for purposes other than generating profit and in which, no part of such organization's income is distributed to its members, directors or officers.
Some of these non-profit and recreation bodies are one of the most common staples of American culture which has a recreation activities including youth sports, adult sports, sports camps and local fitness centers for their residents.
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Consider the following information about an open economy: GDP is $1,000 million, consumption is $850 million, taxes are $50 million, government spending is $100 million, exports are $100 million, and imports are $125 million. Calculate the following variables for this economy:
An open economy is a form of economy in which entities from other nations trade goods in addition to domestic producers (goods and services).
What is an Open Economy ?Management interchange, technological transfer, and the exchange of a wide range of commodities and services are all examples of trade. There are some exceptions that cannot be swapped; for instance, a country cannot trade its railway services with another nation in order to use the service.
In contrast, a closed economy forbids the conduct of both foreign trade and finance. Exporting is the process of selling products or services to another nation. Importing is the process of purchasing goods or services from another nation. International trade is the term used to describe both importing and exporting.
Calculation of the following Variables
Net Exports = Exports - Imports = 100 - 125 = -25
Therefore, Net exports are -$25 Million.
b.
GDP = C + I + G +(X-M)
1000 = 850 + I + 100 + (100-125)
1000 = 950 + I - 25
I = 1000 - 925
I = 75
Therefore, Investment is $75 Million
Step 2
c.
Private Sector Disposable Income = GDP - Tax = 1000 - 50 = 950
Private Sector Saving = Private Sector Disposable Income - Consumption = 950 - 850 = 100
Therefore, Private Sector Saving is $100 Million
d.
Public Sector Saving = Tax - Government Expenditure = 50 - 100 = -50
Therefore, Public Sector Saving is -$50 Million
e.
National Savings = Private Sector Saving + Public Sector Saving = 100 + (-50) = 50
Therefore, National Saving is $50 Million
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what is micro environment
Answer:
The factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.
Explanation:
Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
keep her money in a checking account for easy access.
invest in US savings bonds because of its short term.
invest in a commodity because of its low risk.
keep her money in a savings account for easy access.
Julie is considering purchasing a car and determining how to invest her money. Because of the short term, she should invest in US savings bonds to best satisfy her needs.
What is US saving bonds?United States savings bonds are liability instruments issued by the United States Department of the Treasury to assist the federal government in meeting its borrowing needs.
Because they are guaranteed by the full faith and credit of the United States government, US savings bonds are regarded as one of the safest investments, it is benefited for the investor to invest in these bonds for short term for more returns.
Therefore, option B is correct.
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Based on a simple random sample of 100 applicants at St. Andrew's college, we'd like to estimate
the probability that the sample mean of SAT scores will fall within +/-10 of the population mean
1697?
In other words, between 1687 and 1707, given that the population standard deviation of SAT score
is 87.4?
The probability given that between 1687 and 1707, given that the population standard deviation of SAT score is 87.4 is 0.68
How to solve for the probabilityWe have to solve for this using the z score distribution
The formula for the z score is written below
z = x - μ / sd
where we have
x = mean of the sample
μ = mean of the population
sd = standard deviation
we would have it as (1697 - 1697) / 87.4 = 0
you can find the z score in a z score table such that You can use this to determine the likelihood that a z-score will be within +/- 10 of the population mean.
The probability would be approximately 0.68
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can i have a help in creating a questionnaire of manipulation's technique in advertising for research paper please?
What is the effect of subliminal advertising on customers?
Can puffery form of advertisement manipulate a customer's choice?
Does the boomerang changes the way consumers feel?
What are manipulative strategies in advertisements?When someone manipulates others, they may be trying to avoid responsibility, conceal their true intentions, or create doubt and ambiguity. Gaslighting, lying, blaming, condemning, and humiliating are just a few of the manipulative techniques that can profoundly affect a person's psychological well-being.
Claims like "greatest (cup of) coffee in the world" or "king of beers" are instances of puffery used in commercial manipulation. While the product's minor users appear to be influenced by the puffery, experts or consumers with a high level of understanding appear to be turned off. Because of their contentious character, many deceptive commercials are challenging to prove.
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Intermediate Accounting ll
With respect to the bonds, F corporation's gain on the early extinguishing of debt is $ 11,700 (gain) (Option C).
What is extinguishing of debt?When the borrower pays the whole sum of the loan and the creditor releases the borrower, the debt is called eliminated. Extinguishment also occurs when superior security is accepted by the creditor.
See the calculations leading to the above conclusion below;
Here, the bonds are issued at the premium value as the value of the issue of bonds = $ 2,786,000 is higher than the face value of the bonds.
The face value of the bonds = Face value per bond * Number of bonds. = 2700 * $1000 = $ 2,700,000.
Premium on bonds issued = Bonds issued value - Face value.
Premium on bonds issued = $ 2,786,000 - 2,700,000
Premium on bonds issued = $ 86,000.
Given that the amortization is made on a straight-line basis and the semiannual amortization is made, means the period for which the bonds to be amortized = 20 periods ( 10 years *2).
Hence, per period of 6 months bonds premium amortized = $86,000/ 20 = $ 4,300
The bonds have been extinguished on 1st July 2024, so the amortization of bonds for the period from 1st January 2019 to 1st July 2024 = 11 periods.
Hence, the Amortization of the premium till 1st July 2024 = 11 * 4300
= $ 47,300.
Book value of bonds on 1st July 2024
= Bonds issued value - Amortization of premium
Book value of bonds on 1st july 2021 = $ 2,786,000 - 47,300
= $ 2,738,700.
Bonds redemption value = 2,700,000* 1.01 ( 101 means a premium of 1% ) = $ 2,727,000.
Since the book value is $ 2,738,700.but the redemption value is higher than it i.e $ 2,727,000, so there is a gain on extinguishment of debt.
Gain on redemption/ extinguishment of bonds = $ 2,738,700 - 2,727,000= $ 11,700 (gain) (Option C)
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Effects of low saving rates to the future generations ( 10 answers)
Explanation:
Saving provides a financial “backstop” for life's uncertainties and increases feelings of security and peace of mind. Once an adequate emergency fund is established, savings can also provide the “seed money” for higher-yielding investments such as stocks, bonds, and mutual funds
Based on what you've read, which of the following is a way for hospitals to recruit nurses internally?
A) hospital website job postings
B) external website job postings (ie. indeed, Glassdoor,etc.)
C) school partnerships
D) informal nominations
E) social media
Answer:
E
Explanation:
it's a better solution since people search on websites and social media for jobs
Joshua borrowed $1,000 on January 1, 2021, and paid it all back at once on December 31, 2021. What was the APR?
In the example provided, the calculated annual percentage rate is equal to 11%.
What is APR?The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
The annual percentage rate (APR), which is used in some places, is the condensed version of the effective interest rate that the customer will be required to pay on a loan.
APR is calculated as (Periodic Interest Rate x 365 Days) x 100.
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Yours question is incomplete, probably the complete question is:
Joshua borrowed $1,000 on January 1, 2021, and paid $100 in interest. The bank charged him a service charge of $10. He paid it all back at once on December 31, 2021. What was the APR
If the account earns 6% compounded interest yearly, how much would you have to deposit today?
The amount that you would have to deposit today in the account that is 6% compounded yearly is $5,038.
How to find the amount?The account in question compounds yearly at a rate of 6% and you want to have $6, 000 in three years. You therefore need to deposit an amount that when compounded over three years, grows to $6, 000.
The $6, 000 is the future value so the amount can be found by the future value formula:
Future value = Amount x ( 1 + interest rate) ^ number of years
6, 000 = Amount x ( 1 + 6%) ³
Amount = 6, 000 / 1.06³
Amount = $5, 038
First part of the question is:
You would like to have $6,000 dollars in an account after three years' time.
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Ann Carr planted a rose garden on the corner of Mrs. Baird's property.
Mrs. Baird was homebound and never left her house. Mrs. Baird never
knew that Ann Carr had planted a rose garden on her property. The
statutory period had elapsed and Ann Carr claimed the rose garden.
Would Ann Carr have a good chance of getting rights to an easement by
prescription?
2006
A Yes, because she had made open use of the property.
B Yes, because she made improvements that would not have been made otherwise.
C No, because Mrs. Baird did not know of the rose garden.
D No, because no improvements had been made to the property
Yes, because she had made open use of the property, Ann Carr have a good chance of getting rights to an easement by prescription. Hence Option (A) is the answer.
How do you prove a prescriptive easement?A prescriptive easement is one that has been gained over a long period of time through open, well-known usage of the owner's property that is against the owner's rights. State statutes specify the number of years necessary for such an easement.
The usage has to be (1) adverse (often referred to as "hostile"), (2) actual, open, and notorious, (3) continuous and uninterrupted, and (4) for the statutorily needed period of time in order to establish a prescriptive easement. Prescriptive easements, which are unusual, also become legal easements after rights have been used for more than 40 years.
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1. Leslie Moore runs a hammock shop. She is set to markdown her existing stock of hammocks 60 percent since it is mid-September, and her summer
high-sales period is completed. The basic rope hammock is retail priced at $65.00. What would be her markdown dollar amount and her resulting sale
price?
Leslie Moore's markdown dollar amount will be $39 and her resulting sale price will be $26.
What is pricing strategy?Pricing strategy is known as the changing in price of a product or service according to the demand of the product or service in the market. When the demand for a said product is high the price for the product is increased and if the demand of a product is low then the price is reduced.
Leslie Moore runs a hammock shop and she have a pricing strategy according to which she is now willing to reduce the price by 60%. The amounts are calculated as sale price multiply by 60% the amount is the reduction in the sale price, the reduction amount is deducted from the sale price.
The calculation is shown below,
$65 * 60% = $39
$65 - $39 = $26
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identify and explain two benefits to a company of offering fringe benefits to its managers
Some of the benefits to a company that offers fringe benefits to their managers are:
Better motivated managers Less employee turnover rates How are fringe benefits meant to motivate employees?The main point of offering fringe benefits is to reduce the stress that employees might feel either in their personal or work lives. The hope is that with these stressors alleviated, the employee would feel motivated enough to work harder.
Managers are offered fringe benefits therefore, to ensure that they are better motivated. It is also to ensure that they do not leave the company due to other companies offering better benefits which would lead to high employee turnover.
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Consider the following cash flows: Year Cash Flow 0 –$ 33,500 1 15,000 2 16,700 3 12,400 a. What is the NPV at a discount rate of zero percent? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What is the NPV at a discount rate of 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the NPV at a discount rate of 19 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the NPV at a discount rate of 29 percent?
a) The NPV at a discount rate of zero percent is $O.
b) The NPV at a discount rate of 9% is $3,889.
c) The NPV at a discount rate of 9% is -$1,707.
d) The NPV at a discount rate of 9% is -$6,060.
What is the NPV?The NPV (net present value) is the difference between the present values of cash outflows and inflows.
The present value is the discounted value of cash flows.
NPV at 0%:Year Cash Flow PV Factor Present Value
0 –$ 33,500 1 –$3,500
1 15,000
2 16,700
3 12,400
Total cash inflow $33,500
NPV = $0 (–$3,500 + $33,500)
NPV at 9%:Year Cash Flow PV Factor Present Value
0 –$ 33,500 1 –$ 33,500
1 15,000 0.917 $13,755
2 16,700 0.842 $14,061
3 12,400 0.772 $9,573
NPV $3,889
NPV at 19%:Year Cash Flow PV Factor Present Value
0 –$ 33,500 1 –$ 33,500
1 15,000 0.840 $12,600
2 16,700 0.709 $11,840
3 12,400 0.593 $7,353
NPV -$1,707
NPV at 29%:Year Cash Flow PV Factor Present Value
0 –$ 33,500 1 –$ 33,500
1 15,000 0.775 $11,625
2 16,700 0.601 $10,037
3 12,400 0.466 $5,778
NPV -$6,060
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Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a
fee for accreditation? (1 point)
O Only the BBB accredits companies, and it requires a fee for accreditation.
O Only the CFPB accredits companies, and it requires a fee for accreditation.
O Only the BBB accredits companies and does not require a fee for accreditation.
O
Both the CFPB and the BBB accredit companies, but the CFPB offers free accreditation while the BBB
requires a fee.
The proper response is an option (A), which states that only the BBB accredits businesses and that accreditation is subject to payment.
Can the Better Business Bureau or Consumer Financial Protection Bureau accredit businesses? Does that organization charge a fee to become accredited?Businesses must pay a fee to the BBB to be "accredited," which is one of the ways it makes money. If a company is accredited, it may appear more reliable to clients because it can display the BBB's accreditation badge. A company must apply and pay a fee to be accredited.
What does the Better Business Bureau accreditation mean?If a company has earned BBB accreditation, it implies that BBB has decided that the company complies with accreditation requirements, which include a promise to resolve customer complaints in a good faith manner.
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ANALYSE,USING A PPC,THE EFFECT ON AN ECONOMY OF A FLOOD
According to the concept of PPC, the floods generally have a negative effect on economy of the manufacturing and the wholesale and retail sectors, while they tend to have a positive effect on GDP of the construction sector.
PPC
PPC also known as production possibilities curve is a graphical representation of the different amounts of a product that a business or economy can produce based on a shared resource. And it helps illustrate the tradeoff between using more resources in one product over another.
Given,
Here we have to analyze the effect on an economy of a flood by using the PPC.
Here the Production possibility curve (or PPC) is drawn on the assumption that the given resources are fully as well as efficiently utilized.
When the widespread floods have led to the destruction of human lives, it implies the loss of manpower. This will shift the PPC leftward from ab to a₁ b₁ as shown in Figure.
And it also damaged and reduced resources. Since potential production declines, the production possibility frontier shifts to the left.
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discuss axioms of consumer revealed preferences
The axiom of consumer revealed preferences asserts that the strong and weak acts are demonstrated to be identical in a two-dimensional universe with only two options for goods.
What is consumer revealed preferences?According to the economic theory of revealed choice, observing a person's purchase activity is the most accurate approach to gauge their consumption patterns. The rationality of customers is the underlying presumption of revealed preference theory.
According to the revealed preference hypothesis, which was first put forth by American economist Paul Samuelson in 1938, customers' preferences can be inferred from the things they buy when facing various financial and economic situations.
Consumer preferences are the arbitrary tastes, inclinations, and loves and dislikes of an individual. To achieve the best outcomes, you must take into account your target market's personal preferences when creating or marketing a product.
As a result, revealed preference is a means to extrapolate individual preferences from observable choices.
It stands in contrast to efforts to measure preferences or utility directly, such as by stated preferences. If we consider economics to be an empirical field, there is the problem that preferences cannot be seen.
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Darius, a site manager for a construction company, learns that a hurricane is headed towards his town. According to Maslow, what will he prioritize first?
- ensuring his construction site is prepared for the storm
- creating plans for how he can be better prepared for storms in the future
- ensuring that he has shelter from the storm when it arrives
- ensuring his insurance policy is in place to reimburse his home for storm damage
- inviting friends to stay with him during the storm
According to Maslow and his hierarchy of needs, Darius, will first ensure that he has shelter from the storm when it arrives.
Who is Maslow?
Maslow's hierarchy of needs is a theory of psychological health based on meeting basic human needs in order of importance, leading to self-actualization. Abraham Harold Maslow (April 1, 1908 – June 8, 1970) was an American psychologist. He is best known for developing this theory. At Columbia University, Brooklyn College, Brandeis University, and the New School for Social Research, Maslow taught psychology. He emphasised the significance of concentrating on a person's positive traits rather than seeing them as a "bag of symptoms." Maslow was the tenth most-cited psychologist of the 20th century, according to a 2002 study in the Review of General Psychology.
A five-tiered model of human wants, frequently shown as hierarchical tiers within a pyramid, makes up Maslow's hierarchy of needs, a motivational theory in psychology.
Biological (food and clothes), safety (work security), love and belonging (friendship), esteem, and self-actualization are the requirements that are listed in order of importance from the bottom of the hierarchy up.
Before people can attend to needs higher up the hierarchy, those lower down must first be met.
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Darius, a site manager for a construction company, learns that a hurricane is headed towards his town. According to Maslow, what will he prioritize first?
- ensuring his construction site is prepared for the storm
- creating plans for how he can be better prepared for storms in the future
- ensuring that he has shelter from the storm when it arrives
- ensuring his insurance policy is in place to reimburse his home for storm damage
- inviting friends to stay with him during the storm
Question 2 (0.5 points) ✓ Saved
Ms. Studebaker started as a sole proprietor and now that she has employees, she must consider her company
as a factor for drawing on the right talent.
a) General Liability Insurance
b) Third Party Supply Management
c) Culture
d) Employee Turnover
e) Supplier Relationships
Since Ms. Studebaker began as a solo entrepreneur and now has staff, she must take her company culture into account while trying to attract the best personnel.
What exactly is corporate culture and why is it significant?Workplace behavior is governed by company culture. It's the culmination of all of your official and informal processes, attitudes, and beliefs that work together to give your staff and consumers a positive experience. Company culture is really about how things are done in the office.
How can a company's culture recruit employees?A positive, visible, and embedded culture that is supported at all organizational levels can increase retention in addition to attracting new employees; staff members who identify with the culture and values of the company are more likely to be satisfied with their jobs and motivated to stick around.
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The federal law that specified that men and women doing equal jobs must be paid the same wage is the
Blank blank act of 1963
The federal law that specified that men and women doing equal jobs must be paid the same wage is the Equal Pay Act of 1963.
In accordance with the Equal Pay Act of 1963, employers in the United States are not allowed to pay men and women who perform the same job duties and are subject to comparable working circumstances different wages.
It falls under the 1938 Fair Labor Standards Act as amended. Although there are still income gaps between the sexes, the act constituted a significant step toward gender equality.
The Equal Pay Act is based on the idea that everyone should get equal pay for equal effort. Salary, salary, overtime, bonuses, benefits, stock options, profit-sharing schemes, vacation and holiday compensation, vehicle allowances, and expenditure reimbursements are all taken into consideration.
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Why are private and public companies alike
Both public and private companies are alike because, both kinds must hold annual meetings, establish a board of directors, keep meeting minutes, and keep a list of shareholders and their holdings.
What are private and public companies?Privately owned businesses are, unsurprisingly, privately owned. This indicates that the company is often owned by its founders, management, or a collection of individual investors. A public company, on the other hand, is one that has undergone an initial public offering (IPO) in which it has sold all or a portion of its stock to the public, giving shareholders an interest in some of the firm's assets and earnings.
Both public and private corporations must hold annual meetings, appoint a board of directors, maintain meeting minutes, and maintain a list of shareholders and their holdings. For these reasons, both types of businesses are similar.
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If the world real interest rate was lower than the interest rate that would occur if the Canadian economy were closed, then what would the Canadian net capital outflow be? (5 marks)
a. positive b. negative
c. decreasing d. increasing
- For this question I picked answer b) negative. Am I correct?
If the world real interest rate was lower than the interest rate that would occur if the Canadian economy were closed, then, the Canadian net capital outflow will be decreasing. The Option C is correct.
What does real interest rate means?In economics, the real interest rate refers to an interest rate that has been adjusted to remove the effects of inflation, that once adjusted, it reflects the real cost of funds to a borrower and the real yield to a lender or to an investor.
When interest rates are increasing, the businesses and consumers will cut back on spending but when interest rates have fallen significantly, consumers and businesses will increase spending, causing stock prices to rise.
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The more substitutes for a good:
Group of answer choices
the higher the income elasticity of demand
the higher the price elasticity of demand
the higher the cross elasticity of demand
the lower the cross elasticity of demand
the lower the price elasticity of
The more substitutes for a good, Option B: the higher the price elasticity of demand.
What impact do substitutes have on elasticity?The elasticity of demand is impacted by close replacements for a good. Consumers will rapidly convert to the alternative product if the price of your product rises or the price of the alternative product falls if another product can be easily substituted for it.
Therefore, The more replacements there are for an item, the more elastic the good will be, according to the definition of an elastic good, which is one where a change in price results in a large movement in demand.
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Prior to Christine Day’s arrival, What was the culture of lulelemon?
Christine Day joined the rapidly expanding yoga apparel retailer Lululemon Athletica Inc. with a mission to restore the culture that had deviated since her hiring.
Who is Christine Day?Canadian retail businesswoman Christine M. Day was born in 1962. Since January 2014, she has served as the CEO of the Vancouver-based food business. She led the Canadian clothing firm Lululemon Athletica as CEO from 2008 to December 2013. She worked for Starbucks' Asia-Pacific division before accepting her position at Lululemon. Day learnt about investing while working for the private equity firm Integrated Resources after graduating from college. Day later worked for a financial services company. One of its customers was Howard Schultz, who ran the coffee shop Il Giornale and sought to grow his business by acquiring Starbucks. Day started working for Schultz's enterprise in 1986 and stayed with Starbucks for the following 20 years.
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