when a country does not adopt a formal pegged rate, but tries to keep its currency within some range of a reference currency, this is called a(n) blank system.

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Answer 1

A blank system is used, when a nation does not adopt a formal fixed rate but still tries to keep its currency within a certain range of a reference currency.

What is currency?

Currency is defined as a unit of account that is issued by a government and is accepted at face value.

The definition of "equivalent amount" gives the term "currency" the definition given there. Reference Currency refers to the currency in which the applicable Sub-underlying Fund's assets are all valued and reported.

When a currency's value is fixed in relation to a reference currency, such as the U.S. dollar, the exchange rate between that currency and other currencies is then set by the exchange rate of the reference currency.

Later, Marshall Shalin's developed the concept of three modes of exchange, which could be detected throughout more specific civilizations than just Capitalist and Non-Capitalist. He did this by using Karl Polanyi's work. These are market exchange, reciprocity, and redistribution.

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Related Questions

17 a firm requires an investment of 18,000 and will return 24,000 after one year. if the firm borrows 12,000 at 8% what is the return on levered equity?a. 100.8%b. 67.2%c. 117.6% d. 84%

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The return on levered equity of a firm = 84%

Option D is correct .

Levered equity :

Leveraged equity is the stock of a company that has important debt, which is also called as influence. Because the company operates initially by using debt, leveraged equity carries further threat than prescriptive equity. Depending upon the quantity of influence a company has, it can be as serious as debt

Evaluating the levered equity :

Equity = Investment amount - debt

Equity = 18,000 - 12,000 = 6,000

Interest = (8 / 100) × 8000

                            = 960

Profit = Return - investment - interest

Profit = 24,000 - 18,000 - 960

                        Profit = 5,040

Return on levered equity = (Profit / equity) × 100

Return on levered equity = (5,040 / 6000) × 100

Return on levered equity = 84 %

What's a levered cost of equity?

The levered cost of equity represents the threat factors of the fiscal structure of a enterprise. To finance the systems of a enterprise, companies frequently need to resort to debt that's composed from the market. The market offers the debt by the finances of the investors.

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scenario: alpha bank has $100,000 in total assets and $45,000 in total liabilities. beta bank has $250,000 in total assets and $220,000 in total liabilities. refer to the scenario above. what is alpha bank's stockholders' equity? group of answer choices $45,000 $55,000 $65,000 $145,000

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Alpha bank's stockholders' equity is $55,000.

What is Equity?

Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that, in the scenario of a company's liquidation, would be distributed to its shareholders after all of the company's assets have been sold and its debt has been fully repaid.

Liabilities

Liabilities are things that you owe or have borrowed. Assets are items you own or owed. Liability can also mean a legal or regulatory risk or obligation.

Equity=Assests- Liabilities

=$100,000-$45,000

Equity =$55,000

Therefore, the correct option is b which is equal to $55,000

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for what reasons was merchant capitalism in decline in the mid-1800s? multiple select question. industries that had developed in the northeast had crumbled due to a decline in shipping. there were greater opportunities for profit in manufacturing than in trade. british competitors were stealing america's export trade. no affluent merchant class emerged to finance industry.

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America's export trade was being stolen by British competitors. Manufacturing offered more opportunities for profit than trade.

How do imports from the US affect the United States and its trading partners?

Imports keep costs low and support jobs, allowing American businesses to compete and saving families real money at the register. faster annually than non-exporting plants. Additionally, exporting plants are less likely to fail. There are jobs supported by trade in a variety of industries.

Why is the US most affected by which trade agreement?

NAFTA is the U.S. preferential agreement that has had the most significant impact on trade and the economy.

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true or false: a classified balance sheet separates liabilities into current and non-current categories.

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Liabilities are divided into current and non-current categories on a categorized balance sheet. The operating activities are directly related to a large number of current obligations. It is true to say this.

Additionally, current and non-current are used to categorize the parts of assets and liabilities. A classified balance sheet format is used by larger firms because it gives users extensive information for better decision-making. While no such component division is created in the case of an unclassified balance sheet.

Numerous current liabilities that appear on the balance sheet, including Accounts payable, accrued wages, and deferred revenue, are directly related to the things that happen on the cash flow statement. There are additional sub-headings that separate the components of assets, liabilities, and equity.

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goods with many close substitutes tend to have group of answer choices more elastic demands. less elastic demands. price elasticities of demand that are unit elastic. income elasticities of demand that are negative.

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Demands for goods with numerous near replacements are typically more elastic. The right response is therefore option B.

With more closely related replacements available, a product's price elasticity of demand rises. When there are numerous products that are nearly identical to the original, consumers might simply switch to purchasing the substitutes when the price is significantly raised.

According to the producer's hypothesis, substitute goods are those that can be utilised to fulfil the same consumer need. One of the elements that influences a product's demand's price elasticity is the availability of comparable replacements.

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razor scooters gained instant popularity because walkers and runners frequently saw people on the scooters zipping by them and having fun. this information suggests the adoption rate of the razor scooter was most affected by which product characteristic?

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Razor scooters quickly gained popularity since walkers and runners observed people on them zooming by and having fun. This data reveals that Observability had the greatest impact on the razor scooter's adoption rate. Thus, the right answer is Observability.

What is Observability?

The observability of a system is a measure of how effectively its internal states can be deduced from knowledge of its exterior outputs.

The observability and controllability of a linear system are mathematical duals in control theory.

Rudolf E. Kálmán, a Hungarian-American engineer, developed the notion of observability for linear dynamic systems.

A state observer, or simply an observer for that system, is a dynamical system meant to estimate the state of a system based on observations of its outputs.

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beatrice invests $1,400 in an account that pays 5 percent simple interest. how much more could she have earned over a 6-year period if the interest had been compounded annually?

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If the interest had been compounded annually over a 6-year period, Beatrice would have made $1,876.13

What is interest?Interest is the cost associated with the right to borrow money, and it is frequently expressed as an annual percentage rate (APR).Interest is the payment a lender or financial institution makes in exchange for lending out money.The portion of a shareholder's shares that constitutes their ownership in a corporation; also known as interest.The two fundamental types of interest rates that can be applied to loans are simple and compound.Simple interest is the amount that the borrower must pay in order to obtain access to the funds, which is often a predetermined portion of the principal that was first lent to the borrower.Compound interest is the name for the interest that is charged on loans that have both principal and accruing interest. Less frequently occurs the second type of interest than the first.Next, let's figure out compound interest:

1400 (.05 × 6) + 1400 = 1,876.13

1,876.13

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Determine the effective tax rate for a taxable income of $63,425. round the final answer to the nearest hundredth. 10% 14.67% 15.18% 22%

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22% is the effective tax rate.The effective tax rate is the proportion of income that a person or business must pay or withhold as taxes.

The average tax rate paid by an individual on both earned and unearned income, such as stock dividends, is referred to as their effective tax rate. The progressive tax model states that as income increases, the tax rate increases, moving people into a higher tax band. Any taxable income produced outside of that range is taxed at the next highest tax rate; each marginal tax rate only applies to income earned within that bracket. This means that all new income produced above the previous bracket is taxed at a higher rate for higher income individuals.Here, the provided table displays theFor taxable income in the income range of $40,526 to $86,375, the marginal tax rate is 22%.Actual tax rate:Effective tax rate = total taxes owed/taxable income multiplied by 100.Effective tax rate: $6,847.50/$56,152.5 multiplied by 100.Tax rate in effect: 10.869%.

Tax rate in effect: 10.87% (Approximately)With a total tax obligation of $6,847.50, taxable income of $56,152.2, a marginal tax rate of 22%, and an effective tax rate of 10.87%, they are excluded.

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producers provide factors of production to the product market. do not participate in the factor market. purchase factors of production from the factor market. provide dollars to the product market.

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Money is not regarded as a factor in production. Since money is only a means of exchange, it cannot help an economy become more productive like other components of production.

What does not constitute a production factor?Servicing does not enter into the production process. The four components of a production process are land, labor, capital, and organization.Money used to buy assets that are used to produce products and services is referred to as capital, also known as capital goods, as a factor of production.Since money is not a machine, piece of equipment, or tool utilized in manufacturing, it is not considered a capital resource. Money facilitates trade because it serves as a means of exchange rather than a means of production.Money is not regarded as a factor in production. Since money is only a means of exchange, it cannot help an economy become more productive like other components of production.  

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this year darius provided services to several clients, each of whom paid with different types of property. which of the following payments is not included in darius's gross income? a) cash b) shares of stock listed on the new york stock exchange. c) a used car d) gold coins e) all of these are included in gross income

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This year darius given administrations to a few clients, each of whom paid with diverse sorts of property. the taking after installments isn't included in darius's net pay cash , offers of stock recorded on the modern york stock trade, a utilized car, gold coins all of these are included in net income

How much do you make in total?

Before benefits, taxes, and other payroll deductions are deducted from wages, gross pay is what employees are paid. Take-home pay, or net pay, refers to the amount that remains after all withholdings have been accounted for.

What is gross and net income?

The total revenue generated by sales of goods and services during a given time period is known as gross income. The profit that remains after subtracting all expenses from gross income is called net income. The key to understanding the financial health of your business is knowing the difference between the two.

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fx services granted 15 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. the common shares have a market price of $8 per share on the grant date. ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?

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The term "share" refers to the portion of the company owned by the individual who purchased the share.It's a way to get money for the business when it needs it.

The total cost of restricted share compensation is equal to the fair value of each share divided by the number of shares given to executives, which is equal to $15 million, or $8 per share.

The total cost of $120 million in compensation will be deducted equally over the three vesting years. This will have a negative impact on earnings, resulting in a 40 million dollar annual loss ($120 million divided by three years).

What are shares, exactly?

A corporation's equity ownership is represented by shares. Shares are a form of financial asset for some businesses that guarantee an equal distribution of any declared residual profits in the form of dividends. Investors of a stock that delivers no profits don't partake in that frame of mind of benefits.

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generally speaking, hr departments should be able to improve their performance by combining which two elements?

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In general, HR departments ought to be able to boost their performance through a mix of increased effectiveness and efficiency.

Greater effectiveness here refers to the HR department’s efforts having a more positive impact on the workers and the company’s performance.

The group of individuals who work for a company, industry, or economy collectively constitute its human resources. Human capital, or the knowledge and abilities that particular people possess, is a more specific idea.

An organization's human resources department (HR department) handles human resource management, supervising various employment-related tasks like ensuring that labor laws and employment standards are followed, conducting interviews, managing employee benefits, organizing employee files with the necessary paperwork for future use, and handling some aspects of recruitment (also known as talent acquisition) and employee offboarding. They act as a conduit between a company's management and its workers.

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having money set aside for retirement is a common long-term financial goal. if your goal

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It is true that Having money set aside for retirement is a common long-term financial goal.

What is financial goal?

Financial goal can be decribed as the long term goal that anyone planonng for his or her future should be make so that he can have enough during the time of retirement.

It should be noted thast this is been consdidered as a long term goal because it involves the planning of it right from the time one get the job so that he can save enough by the time he will retire from the civil service and can styill be financial bouyant.

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Complete questions;

TRUE/FALSE having money set aside for retirement is a common long-term financial goal. if your goal

5. the closed fund is a closed-end investment company with a portfolio currently worth $200 million. it has liabilities of $3 million and 5 million shares outstanding. (lo 4-3) a. what is the nav of the fund? b. if the fund sells for $36 per share, what is its premium or discount as a percent of nav?

Answers

The difference between the selling price and the net assets value (NAV), as indicated by the percentage discount, For the purpose of calculating the discount as a percentage of NAV, the difference between the selling price per share and the NAV per share is divided by the total number of shares.

a. The fund's net asset value per share is $39.40.

How can I determine a discount in percentage terms?

Compare the final cost to the initial cost. Divide this amount by the initial cost. Last, divide the result by 100.

What is a discount percentage?

A discount that is applied to a product or service in the form of a percentage is known as a percentage discount. An item that was originally priced at $100 would now cost $80 with a discount of 20%, for instance.

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a situation where policymakers have the incentive to deviate from their initial course of action once other agents in the economy have acted is called a(n):

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Expla situation where policymakers have the incentive to deviate from their initial course of action once other agents in the economy have acted is called a time inconsistency policy.

The concept of time inconsistency entails the following:

the government has a policy rule; the people make commitments based on the expectation that the policy rule would be upheld; later, the government can benefit society by modifying its policy rule and exploiting the people's commitments.

From this perspective, a contradictory policy can be advantageous for society.

The persistent accumulation of debt and the quest for yield in riskier assets have been encouraged by a decade of near-zero, and even negative, interest rates in industrialized nations, which has further eroded bank profitability in the retail sector.

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a parcel contains 5.25 acres. it is worth $40,000 per acre as residential land and $200,000 as a commercial site. if the zoning allows both, what is the highest and best use?

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The highest and the best use of the parcel will be that it can be used as a residential land.

This can be explained by the concept of site valuation. Site valuation may be defined as a technique that can be used to determine the worth of the site. Whether a site is worth of residential purpose or commercial purpose, it can be determined by the method of site valuation. In the question the site costs $40000 per acre as residential land and $200000 as commercial land, so it will be beneficial as residential land as it costs less. Evaluating a site before purchasing it helps the individual in many senses as it helps to determine the true cost of the land and it helps the individual to manage his/her budget and all the expenses in buying the desired piece of land.

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four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). which investment would you chose to increase the likelihood of positive returns?

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Four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). increase the likelihood of positive returns = 0.75.

An asset or item purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's value over time. When a person buys a product as an investment, they don't intend to use it right away; instead, they plan to use it to make money later on. The term "standard deviation" (or "") refers to the degree of dispersion of the data from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high. A set of values' variation or dispersion is measured by the standard deviation.

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trevor has had his smart phone for a few years, which has been working fine for him. he doesn't have any economic or philosophical concerns with updating to a new phone, yet he is usually more skeptical than his friends of new technologies. unfortunately, trevor's phone has decreased in performance, so much so that he can no longer access data without waiting for several minutes at a time. trevor has now decided that it is time to buy a new phone that most of his friends who typically buy new products sooner than him have used for a few months now. he has done his research and is willing to jump in knowing that the phone's reviews are overwhelmingly positive now that all the bugs have been fixed and quite a bit of the majority of people are happily using the technology at this point. according to rogers, trevor would best fit as which type of adopter?

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Trevor is a “Late Majority” type of technology adopter.

In comparison to the other three classes of users, the late majority is somewhat more pessimistic regarding product acceptance. They tend to be risk-averse and focus primarily on tried-and-tested solutions. As you may anticipate, in comparison to the other categories of adopters, this group has less financial resources, a lower social standing, and less interaction with thought leaders and innovators. Rarely do the late majority provide any kind of thought leadership in a particular sector. They will probably arrive as product differentiation occurs and the product has established itself in a particular niche in the market.

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what must you select in order to remove a vendor from the vendor center in quickbooks online?

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In the main menu, select the "Vendor" option. Choose the vendor you want to remove from the list of vendors. Click the "Delete Vendor" button. Click the "Yes" button to confirm your selection.

A vendor is a supply chain management phrase that refers to anyone who provides goods or services of experience to another company. Vendors can sell B2B (business-to-business; that is, to other businesses), B2C (business-to-consumer or Direct-to-consumer), or B2G (business-to-government) (business to government). Some vendors produce inventoryable items and then sell them to customers, while others provide services or experiences. The terms vendor and supplier are often used interchangeably. The difference is that vendors sell goods or services, whereas suppliers provide goods or services. With the exception of retail, this distinction has no bearing in most business contexts, and the words are interchangeable. Typically, vendors are tracked in either a finance system or a warehouse management system.

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a(n) involves interviewing business people at their offices concerning industrial products or services, a process that is very expensive.

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An executive interview involves interviewing business people at their offices concerning industrial products or services, a process that is very expensive.

What is interview ?Usually a formal consultation  to assess eligibility: a meeting to obtain information from people(reporters, television commentators, pollsters, etc.). : Reporting or presenting information so obtained. A successful interview allows the employer to determine whether the applicant's skills, experience and personality match the requirements of the position. It also helps employers assess whether an applicant is a potential fit for the company culture. Interview Skills are  emotional and tactical techniques that help job seekers interview for new jobs more effectively.These skills must be mastered, as well as the technical  and workplace skills necessary to perform well in a position.

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should a competitive firm keep producing even if it faces short-run losses (and is producing at a point on its mc curve that is above the minimum avc curve)?

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Option b.) Yes, because it covers its variable costs and some fixed costs because, the most common types of variable costs include labor, utilities, fees and raw materials. It exhausts the running loss (and is generated at points on the mc curve that exceed the minimum avc curve).

Variable costs are all costs that vary depending on how much a company produces and sells. Variable costs are all costs incurred in relation to the number of goods or services that a business produces. A company's variable costs increase or decrease according to production volume. As production increases, variable costs increase. But as volume declines.

Variable costs increase or decrease depending on a company's production or sales volume.

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what can cause the market equilibrium price and equilibrium quantity of bacon -- a normal good -- to increase?

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With everything else remaining the same, an increase in demand of bacon will result in a rise in the equilibrium price and an increase in supply. When demand declines, the equilibrium price will drop and less will be supplied.

What can cause the market equilibrium price and equilibrium quantity?

New equilibrium price and quantity are produced as a result of changes in the factors that determine supply and/or demand. The former price will no longer be an equilibrium when supply or demand changes.

Instead, there will be a shortage or surplus, and as a result, the price will change until a new equilibrium is reached. A rise in demand will result in an increase in a good's equilibrium price and output. Amount provided will exceed quantity required if the market price is above equilibrium, resulting in a surplus.

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an company has three products in its ending inventory. specific per unit data at the end of the year for each of the products are as follows: product 1 product 2 product 3 cost $ 39 $ 109 $ 69 selling price 97 177 127 costs to sell 5 78 29 required: what unit values should han use for each of its products when applying the lower of cost or net realizable value (lcnrv) rule to ending inventory?

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The unit value that the company should specify is $39, $31 and $69 for products 1, 2 and 3 respectively in its ending inventory

Income statement: It is a statement that lists all of an organization's costs and revenues for a specific year, and the difference between the two is calculated and referred to as a profit or income. The expense items that are deducted from the profit are all removed from the income statement.

Computation of Units

Product        Cost      NRV Per unit     Inventory Value

1                 $39            $92                      $39

2                 $109    $31                      $31

3                 $69            $127                      $69

NRV = Selling price - Cost to sell

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dara noticed that a job applicant worked at a company where dara was previously employed. she called the company to obtain more information on the applicant and discovered that the applicant hadn't worked there at all. what type of background check did dara perform?

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Dara noticed that a job applicant worked at a company where Dara had previously worked. Dara performed a background check on her employment history.

A business, abbreviated as co., is a legal body that represents an association of persons, whether natural, legal, or a combination of the two, with a specified goal. Members of the company work together to attain certain, stated goals. A business can be formed as a legal person so that the company itself has limited responsibility as members perform or fail to perform their duties in accordance with the publicly stated incorporation or published policy. When a firm closes, it may need to be liquidated in order to avoid ongoing legal liabilities.

Corporations can form alliances and register as new companies as a group; the resulting entities are generally referred to as corporate groups.

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asset w has an expected return of 8.8 percent and a beta of .90. if the risk-free rate is 2.6 percent, complete the following table for portfolios of asset w and a risk-free asset. what is the slope of the line that results?

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An investment that is thought to have a perfectly known return is referred to as a risk-free asset. Riskless investments frequently play crucial roles in the financial system.

What is Risk-free Asset ?

An investment that is thought to have a perfectly known return is referred to as a risk-free asset. Riskless investments frequently play crucial roles in the financial system. For instance, lenders seeking premium collateral may be willing to accept risk-free assets like Treasury notes. For instance, lenders seeking premium collateral may be willing to accept risk-free assets like Treasury notes.

Different investors may have different definitions of a risk-free asset. As mentioned, Treasury bonds serve as risk-free investments. However, some investors might view short-term Treasury securities as being risk-free, such as a one-month Treasury bill, while others might view five- or 10-year Treasury bonds as being risk-free as well.

No matter how risky the asset is, a risk-free asset has a fixed future return. Investors have some amount of security over the return from this form of asset because it frequently offers a specific return.

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the december 31, 2021, balance sheet of chen, incorporated, showed $148,000 in the common stock account and $2,730,000 in the additional paid-in surplus account. the december 31, 2022, balance sheet showed $158,000 and $3,030,000 in the same two accounts, respectively. the company paid out $153,000 in cash dividends during 2022. what was the cash flow to stockholders for the year?

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An accounting ledger account where the credit side displays the initial capital and increases and the debit side displays withdrawals and losses.

What is stock account:

The par value of every common stock issued by corporations is recorded in the common stock account, a general ledger account. The surplus is recorded separately in an extra paid capital account when these shares are sold for more than their par value. The entire transaction price is reflected in the common shares account when share have no par value. As an equity account, this account is listed near the bottom of the balance sheet of the reporting entity.

Stock is a type of ownership in a corporation that represents a claim against its assets and revenue. In the case that a company is dissolved or sold, a stockholder is entitled to a proportionate share of any dividends distributed by the board of directors as well as any surviving assets. The stock is worthless if there are no remaining assets after a liquidation or sale. The holder of stock may be eligible to vote on specific entity decisions depending on the type of stock issued.

The selling of stock for cash, the issuance of stock in exchange for non-monetary goods or services, and the acquisition of stock are the three primary categories of stock transactions. The accounting of each of these stock trades will be covered below.

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in a friendly phone call, herbert, a seller, told max, the buyer, that he would leave behind the swing set in the back yard. herbert took the swing set with him when he left. what do we know about this situation?

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In a friendly phone call, herbert, a seller, told max, the buyer, Section 29 of the sales contract, the parties are put on notice that the entire contract is contained with the offer and related addenda.

The mutual rights and obligations of the parties to a contract are established, clarified, and governed by law. A contract usually entails the transfer of products, services, cash, or a promise to transfer any of those things at a later time. A buyer, also known as a purchasing agent, is in charge of buying products for a company, such as supplies or equipment. Their responsibilities also include taking stock of the current product line and negotiating deals with suppliers. Purchasing goods for a business to use or sell in their own enterprise falls under the purview of buyers. In-depth research, the capacity to manage an inventory, assess the quality of products, stay within a budget, and contract negotiations with suppliers are all necessary for this position.

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consider the capm. the expected return on the market is 16%. the expected return on a stock with a beta of 1.2 is 18%. what is the risk-free rate? consider the capm. the expected return on the market is 16%. the expected return on a stock with a beta of 1.2 is 18%. what is the risk-free rate? 8% 12% 6% 2%

Answers

The risk-free rate for the CAPM will be 8%. when the expected return on the market is 16%.

What is a risk-free rate?The risk-free interest rate is the rate of return an investment provides without risk. Risk-free interest is kind of a theoretical concept because all investments, no matter how small, carry some degree of risk. In practice, it is considered the interest paid on short-term government debt.All investments involve at least a small amount of risk, so risk-free returns don't really exist. To calculate the real risk-free interest rate, subtract the inflation rate from the yield on the government bond corresponding to the investment period.Risk-free return refers to the theoretical return on investment without risk.In reality, all investments involve at least a small amount of risk, so risk-free returns don't really exist.To calculate the real risk-free interest rate, subtract the inflation rate from the yield on the government bond corresponding to the investment period.

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which of the following is the correct definition of a production function? group of answer choices a flow chart which displays the sales and marketing process to sell a product that has been produced. an equation that tells a firm how much output it can produce from the amount of inputs provided. the functional processes of specific manufacturing machine run times. a chart that helps determine the optimal number of employees to hire.

Answers

An equation that tells a firm how much output it can produce from the amount of inputs provided is the correct definition of a production function.

What is Production function?

A production function in economics describes the technical relationship between the amounts of physical inputs and the amounts of output of commodities. One of the core ideas of traditional neoclassical theories is the production function, which is used to define marginal product and identify allocative efficiency, a crucial area of economics study. To address allocative efficiency in the use of factor inputs in production and the ensuing distribution of income to those factors, while abstracting from the technological challenges of achieving technical efficiency, as an engineer or professional manager might understand it, is one of the key goals of the production function.

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steve works for a pharmaceutical company and he specializes in marketing and sales. he generally works from home. according to the text, what type of worker is steve?

Answers

Many work-related activities can now be carried out outside of the typical workplace with greater ease than ever thanks to the widespread expansion of the Internet, advancements in unified communications (UC), artificial intelligence, and robotics, and other technological developments.

Knowledge workers excel at working from home or other remote locations. Telecommuting is not a good option for jobs that necessitate the physical operation of specialized machinery, such as driving automobiles.

An employee may also be referred to as a remote worker if they telecommute to work more frequently than they physically visit the office. Because the term "remote" implies that an employee lives outside of a reasonable commuting distance from their employer and may therefore be subject to different tax and legal requirements, this distinction can be significant in some nations.

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