The Spearman's correlation is used to characterize the strength of monotonic relationships, even if they are not linear or they are between ordinal variables.
The Spearman's correlation measures the strength and direction of monotonic association between two variables. Spearman's Rank correlation coefficient is a technique which can be used to summarize the strength and direction of a relationship between two variables. The result will always be between 1 and minus 1.
An advantage of the Spearman rank correlation coefficient is that the X and Y values can be continuous or ordinal, and thus the approximate normal distributions for X and Y are not required.
Hence, the Spearman Coefficient works with monotonic relationships.
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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.
he decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.
What is the impact of the decline in auto sales?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Consumption spending includes spending by households on goods and services. Consumption spending includes :
spending on durables - e.g. laptop spending on nondurables - e.g. clothes, foodspending on services - e.g. payment of hospital billInvestment includes purchases of goods and services made by businesses in the production of goods and services
Here are the options:
investment; consumption
durable goods; nondurable goods
nondurable goods; durable goods
consumption; investment
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Which type of diversification is most likely to create value through financial economies?
Unrelated diversification is that type of diversification which creates value through financial economies.
Unrelated diversification is the process where the diversification is done by entering into new industry.
It includes efficient internal capital allocation.
It also includes the business restructuring and entering into the business where high ROI is provided.
Unrelated diversification includes the obtaining of a bargaining price for the business.
For achieving the financial economies there must be the unity between different components of industry.
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Home inspector Murray is explaining to first-time buyers in Peabody what he looks for during a home inspection. What is his primary goal
At the end of 2013, Company B has retained earnings of $13,500,000. During 2014 the company earns pre-tax income of $7,000,000. Historically, the company has not paid dividends. However, in December, 2014, the company announces a change in dividend policy whereby beginning in 2015 it will pay $0.15 per share on 3,000,000 outstanding shares, to be paid in January, 2015. The company has a marginal tax rate of 40% and a corporate tax rate of 30%. What is Company B's retained earnings at the end of 2014
Company B's retained earnings at the end of 2014 is $17,250,000.
Retained earningsUsing this formula
Retained earnings=Retained earnings +Pre-tax income×(1-Marginal tax rate)-Price per share× Outstanding shares
Let plug in the formula
Retained earnings=$13,500,000+($7,000,000× (1 - 40%))- ($0.15 × 3,000,000)
Retained earnings=$13,500,000 + $4,200,000- $450,000
Retained earnings= $17,250,000
Therefore Company B's retained earnings at the end of 2014 is $17,250,000.
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Employees and the public are frustrated by high levels of executive compensation because:_______
The answer is that senior executives frequently receive bonuses whether or not the business is profitable. Employees compensation is a statistical word that is frequently used in business accounts as well as national accounts and balance of payments data. Essentially,
It refers to the total gross (pre-tax) salaries that employers pay to workers for services rendered over a given accounting period, such as a quarter or a year. The Hourly, Salaried, Commission, and Bonuses are Four Major
Types of Direct Compensation. Most consumers want to hear about direct compensation, especially base pay and variable pay, when they inquire about compensation.
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White Wedding Corporation will pay a $2.65 per share dividend one year from today. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today
The amount I will pay for the company's stock today is $42.40.
How much would I pay for the company's stock?The amount I would pay for the company's stock is dependent on the value of the stock. The value of the stock can be determined using the Gordon growth model.
According to the Gordon growth model, the value of a stock is a factor of its dividend, growth rate and the rate of return.
Value of a stock = next year dividend / (rate of return - growth rate)
$2.65 / (11 - 4.75%)
$2.65 / 6.25%
$2.65 / 0.0625 = $42.40
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If a country's economic data shows private savings of $400 million, government spending of $250 million, tax revenue of $400 million, and a trade surplus of $175 million, then what does investment equal
investment equal 75 million
The ______ makes it illegal to send unsolicited commercial solicitations via fax without the recipient's permission or an established relationship.
The Junk Fax Prevention Act of 2005 makes it illegal to send unsolicited commercial solicitations via fax without the recipient's permission or an established relationship.
In 2005, the Junk Fax Prevention Act amended TCPA to allow senders to send unsolicited fax junk mail to individuals and companies with which they have established business relationships and to allow senders to send such junk mail. provided a process for opting out of It is necessary to adjust the mail service according to your request. On April 5, 2006, the European Commission passed legislation to implement the Junk Fax Prevention Act.
In particular, European Commission regulations at 47 CFR §64.1200 require the sender of a fax commercial to obtain the recipient's permission before sending a fax. Fax senders must also include a notice and contact information with the fax that allows the recipient to opt out of future fax transmissions from the sender. Compliant.
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Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could have gotten a better deal at a different store that was advertising a sale of One-third off all clothing. If the original price of Dima’s skirt was $54, how much more could she have saved at the store her friend suggested?
A. $1.11
B. $1.80
C. $36.00
D. $37.80
If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.
Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.
Original price: $54
Discount rate: 30%
$54 x 30% = $16.20 value of the discount
$54 - 16.20 = $37.80 discounted price.
Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%
$54 x 33.33% = $17.99 value of the discount
$54 - 17.99 = $36.00 discounted price.
Discount store: $37.80
Different store: $36.00
The different store sales price is cheaper by $1.80
Therefore, she could have saved $1.80 at the store her friend suggested.
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The fixed asset turnover ratio is computed as __________ divided by __________.
a. sales; average book value of fixed assets.
b. net income; average book value of fixed assets.
c. sales; book value of fixed assets.
d. average book value of fixed assets; sales.
The correct option is (a) sales; average book value of fixed assets.
The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.
The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.
The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.
A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.
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Gross earnings for the pay period are $100,000. Required payroll deductions are: Social Security $6,700; Medicare $1,450; Federal Income tax $18,000 and State income tax $3,850. What is the net pay to employees
The net pay to employees is $70,000.
What is the net pay?The net pay to employees is the difference between the gross earnings and the total deductions.
Data and Calculations:Gross earnings = $100,000
Deductions:
Social Security $6,700
Medicare $1,450
Federal Income tax $18,000
State income tax $3,850
Total deductions 30,000
Net pay = $70,000
Thus, the net pay to employees is $70,000.
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People who receive a promotional impression and who give some thought to buying the product are considered:______.
People who receive a promotional impression and who give some thought to buying the product are considered: Sales leads
An impression is an imprint, either in one's mind or on an object.an opinion or feeling that you have about someone or something you have seen but do not know very well.
Impressions fall into three basic categories:
patentlatentplastic.An example of an impression is the mark you make when you press your finger into clay.
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All of the following are true about General Data Protection Regulation (GDPR) except: a.GDPR does not cover EU employees b.GDPR is a set of data privacy requirements that apply across the European Union c.GDPR covers organizations that market to or process information of EU end users d.GDPR covers organizations that market to or process information of EU customers
All of the following are true about General Data Protection Regulation (GDPR) except: b.GDPR does not cover EU employees
What is General Data Protection Regulation?General Data Protection Regulation is a regulation which laydown rules and regulations a person or an individual who want personal data or information from a person who based in European Union must follow.
Hence, the following are true about General Data Protection Regulation:
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Henson Company has an investment opportunity that costs $9,936 and increases annual net cash flows by $3,000. Assuming a present value factor of 3.312127, the net present value of the investment is $
The Net Present Value of the Investment is -$1,064
SOLUTION“Net present value is the present value of the cash flows at the required rate of return of your project compared to your initial investment,” In practical terms, it's a method of calculating your return on investment, or ROI, for a project or expenditure.An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.Annual Cash Inflows $3000
Present Value Factor 3.312127,
Present Value of Cash Inflows $9936
Less: Initial Investment $11,000
Net Present Value -$1,064
EXPLANATIONIn net present value method the future cash inflows rate are discounted to present net value at discount rate (PV FACTOR)The rationale for discounting is money received today is more valuable than the money to be received in future.So the present value of cash inflows is compared with initial investment if net present value is positive then the project is accepted otherwise its rejected.In this case the net present value is negative, hence the project will be rejected.
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An asset's ______ is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.
An asset's liquidity is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.
What is Asset Liquidity?When a financial asset is bought or sold, its liquidity relates to how quickly it may be transformed into cash. The ability to move cash quickly and readily without affecting its market value makes it the asset with the highest liquidity.An asset is considered to be liquid if it can quickly and easily be turned into cash. Cash, instruments from the money market, and marketable securities are examples of liquid assets. Keeping track of the liquid assets that make up a component of one's net worth can be a worry for both individuals and organizations. A company's liquid assets are recorded as current assets on its balance sheet for financial accounting reasons.To learn more about the Asset's Liquidity refer to:
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The answer is liquidity of the asset.
When an asset is purchased or sold, its liquidity relates to how readily it may be changed to cash. Cash is the most liquid asset since it can be traded fast and readily without affecting its market value.
Liquidity is defined as having enough cash on hand to satisfy financial obligations. Cash or the property that can be easily converted to cash without suffering a significant loss in value are examples of liquid assets. Higher the liquidity better it is .
Therefore, the answer is asset's liquidity.
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The economic condition that results from a continual rise in prices, or what some people call "too much money chasing too few goods" is
The economic condition that results from a continual rise in prices is inflation.
What is an inflation?Inflation is a when there is a general increase in the price levels of goods and services. During an inflation, the value of money would erode quickly. Inflation can be caused when the demand for goods exceeds it supply or when there is an increase in the cost of production.
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As an oligopoly firm produces at a higher output, economies of scale allow the costs per unit (atc) to _____________ significantly.
As an Oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to decline significantly.
When firms in an oligopoly market individually chooses production in order to maximize profit, a quantity of output is produced by them which is higher than the level produced by monopoly and lesser than the level produced by competition.
The existence of economies of scale in certain industries can lead to oligopolistic market structures in those industries. This oligopoly market structure refers to a market form in which there are only a few sellers and they sell similar products.
The Oligopoly firm produces at a higher output, and so the costs per unit here decline significantly. Oligopoly firms are also able to take advantage of economies of scale that reduce production costs and prices.
Thus, when the oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to decline significantly.
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You have $400,000 saved for retirement. Your account earns 6% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years
You will be able to pull out $2865.724 each month.
Interest rate is the amount of interest per period on an amount lent, deposited, or borrowed (called the principal). The total interest on the amount lent or borrowed depends on the principal amount, the interest rate, the frequency of compounding interest, and the length of the term of the loan, deposit, or borrowing.
The annual Interest Rate is the interest rate for one year. Other rates apply for other periods. B. One month or one day, but usually annualized.
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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the note were $20,000 face value and 6% interest. On October 30, the journal entry to record the collection of the note should include a
journal entry to record the collection of the note would be:
debit to Notes Receivable for $20,000
credit to Notes Receivable for $20,300
debit to Interest Receivable for $300
*credit to Interest Revenue for $300
More about journal entry:
A journal entry is a record of a business transaction in an organization's accounting system. Journal entries are the foundation of the double-entry accounting method, which has been used to keep financial records for centuries. They allow a company to track what its resources have been used for and where those resources came from.
More about Notes Receivable:
Amounts owed by customers for which a formal credit agreement has been written and signed Typically used when payment is not expected for more than 60 days. A formal credit account requiring interest is sometimes used to settle an account receivable. Depending on the term of the note, it can be a current or noncurrent asset. The borrower on a note is referred to as the "Maker." The "payee" is the party making the loan.
Interest Receivable:
It is the interest earned by the company, but not yet collected in cash.
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Which Agile principle is being practiced if a team chooses to focus on the highest priority product backlog items?
Agile model principle is being practiced if a team chooses to focus on the highest priority product backlog items.
What is Agile model?Agile model serves as one that is a systematic method that can be used to make any project even in the absence of concrete requirements .
In this case, Agile model principle is being practiced if a team chooses to focus on the highest priority product backlog items.
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____________ is a completely inadequate mechanism ____________________ in a modern advanced economy.
Barter is a completely inadequate mechanism to trade in a modern advanced economy. A barter is a transaction in which two or more persons exchange their products or services without exchanging the cash. In its simplest form, barter entails exchange of one party's good or service for another party's goods or service.
When two people each have goods the other wants, they can figure out mechanism of what those things are worth and how much to give to make the most use of their resources. Barter predates the creation of actual hard cash and is world's oldest form of trade.
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You can start thinking about the intersection of government and the economy in the United States by considering your everyday life. From the time you get up in the morning until you go to bed at night, what contacts do you have with the government
Societal interactions are the foundation of social structures and cultures. People create the laws, institutions, and systems they want to live in by interacting with one another.
How you interact with government in the United States by considering everyday life?
Your interactions with the government and your contacts are both connected to the economy in some way. You awaken at seven in the morning thanks to the alarm on your phone. The FCC controls how you can use your phone. And the E. P. A. measures the specific environmental effects of lithium batteries. Eat your breakfast, Food consumption is governed by the Department of Agriculture. The FDA similarly assesses the safety of foods using drug-based criteria. Let's say you drive to work at nine in the morning. The roads are governed by the Department of Transportation. The FCC, as well as the FBI and the Department of Homeland Security, which oversees threats from cyberterrorism, govern the internet that you use at work. All of these things are governed by the Department of Commerce since the commerce clause subjects commodities and commerce to Congressional inspection. Let's say you buy lunch at noon. You learn about taxes for the first time at that time, and there are also state sales taxes. Excise taxes apply if you buy alcohol or smoke. This is just a brief preview, I guess. I've already interacted with 20 federal agencies five hours into the day.
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Which one of these is a disadvantage of the corporate form of business? multiple choice access to capital unlimited personal liability for owners limited firm life legal requirements
Double taxation to shareholders of distributed earnings and dividends, is a disadvantage of the corporate form of business.
Due to the movement of funds from the corporation to the shareholders when a company chooses to pay out dividends, the government taxes the earnings twice.
The business is first taxed at year's end when it is required to pay taxes on its profits. When the shareholders get dividend payments from the business's post-tax profits, a second tax is levied.
The shareholders pay taxes twice: once as owners of a business that generates profits and once as individuals who are required to pay income taxes on their individual dividend income.
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Kyle took a photograph of his sister, but he later noticed that his lens was marginally out of focus. Which tool can he use to improve the image
The Unsharp Mask tool is the photograph tool that can be used by Kyle to improve the image despite that it was out of focus.
What is an unsharp mask?This refers to an image sharpening technique that was first implemented in darkroom photography but now popularly used in the digital image processing software.
The tool is common among photographer because it helped toi increases the image contrast along the edges of objects in a photo and it will correct the out-of-focus. It also helps to change the relative highpass content in an image by subtracting a blurred version of the image.
Despite that it is an after-capture tool, the effect are usluslly not detected edges but the pixel values can vary from their neighboring pixels by a certain amount.
Therefore, the Unsharp Mask tool is the photograph tool that can be used by Kyle to improve the image despite that it was out of focus.
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A(n)_____ -end fund issues shares only when it is organized and its shares are usually traded on a stock exchange.
Answer: closed
Explanation:
Suppose that, if their income rises by $100, all households in Normalia raise their spending by $90. Instructions: Round your answers to one decimal place. The MPC in Normalia is:
The MPC in Normalia is 0.1 after rounding the answers to one decimal place.
What Is Marginal Propensity to Consume (MPC)?The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
Key Features of MPC:The percentage of additional income that is spent on consumption is known as the marginal propensity to consume.Depending on income, MPC fluctuates. MPC tends to be lower at higher income levels.The Keynesian multiplier, which describes the impact of additional investment or government spending as an economic stimulus, is mostly determined by MPC.Marginal Propensity to Consume (MPC) = (Change in spending)/(Change in income)
= $90/$100 = 0.9
Marginal Propensity to Save
= 1 − MPC
= 1 − 0.9 = 0.1
Hence, the MPC in Normalia is 0.1.
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Question 1 A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be:
A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be: ROI.
What is ROI?This is the term that is used to refer to the return on investment. The return on investment is the interest or the value that is gotten when a person invests.
When they look back at the amount they have made from the business after the expenses they spent, this would be the ROI.
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Assume that you are interested in earning some return on idle balances you usually keep in your checking account and decide to buy some money market mutual fund shares by writing a check. Everything else theâ same, M1 will â¼ stay the same decrease increase and M2 will
M1 will decrease, M2 will stay the same, after deciding to buy some money market mutual fund shares.
What are mutual funds?A corporation that pools money from several people and invests it in securities like stocks, bonds, and short-term debt is known as a mutual fund. The portfolio of a mutual fund refers to all of its holdings. Mutual fund shares are purchased by investors. Each share reflects a shareholder's ownership interest in the fund and the revenue it produces. Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit.Money market funds are comparatively risk-free. They are only permitted by law to invest in a select group of high-quality, short-term securities issued by American businesses and national, state, and municipal governments.
Therefore, M1 will decrease, M2 will stay the same.
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A buyer's gross income is $90,000 per year. She pays $300 for a car loan and $200 for her student loan. When she applies for a mortgage the bank requires a maximum debt-to-income ratio of 36% on all debt, and a maximum 28% debt-to-income ratio for housing debt. What is the maximum monthly house payment the bank will approve
Based on the buyer's gross income, her car and student loan payments, and the maximum debt-to-income ratio, the maximum monthly house payment that the bank will approve is $2,100.
What amount will the bank approve?The maximum debt-to-income ratio for housing the bank will approve is 28% which is:
= (90,000 / 12 months) x 28%
=$2,100
The maximum debt-to-income ratio is 36%:
= (90,000 / 12 months) x 36%
= $2,700
Allowance for debt:
= 2,700 - 300 - 200
= $2,200
There is therefore enough space to take on the maximum debt-to-income ratio for housing so the amount of $2,100 will be approved.
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The ability to muster additional crews when all ambulances are on call or when a system’s resources are taxed by a multiple-casualty incident is:________
The ability to muster additional crews when all ambulances are on call or when a system’s resources are taxed by a multiple-casualty incident is reserve capacity.
The National Highway Traffic Safety Administration (NHTSA) Office of Emergency Medical Services has established the NEMSIS dataset as a public service, a collection of EMS-related data voluntarily reported by participating EMS agencies and states.
Ideal deployment decisions to consider include past community responses and projected demographic changes. In communities that do not have multiple strategically placed stations, ambulances are often used to wait for calls at specific high-traffic locations.
Most car accidents involving ambulances occur in dry weather during the day. Most car accidents involving ambulances occur in dry weather during the day.
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