The example at HiTech Corp. shows that leaders must recognize the importance of collaboration and cooperation, and work to build positive relationships with all stakeholders, even those who may initially resist their efforts. In particular, leaders should aim to:
Communicate effectively: Leaders should communicate clearly and openly with stakeholders, explaining their vision for the company and the benefits of collaboration. They should listen to concerns and feedback, and address any misunderstandings or misconceptions.
Build trust: Leaders should work to build trust with stakeholders by demonstrating integrity, honesty, and transparency in their actions and decisions. They should follow through on commitments and be willing to compromise when necessary.
Focus on shared goals: Leaders should focus on the shared goals and interests of all stakeholders, rather than their own individual interests. They should seek to align everyone's efforts towards achieving common objectives.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business. On December 31, the company’s records show the following items and amounts.
Cash: $12,650 Accounts Recieveable: $13,520 Office Supplies: $2,850 Office Equipment: $17,530 Land: $45,940 Accounts Payable: $8,110 Common Stock: $83,540 Cash Dividends: $1,570 Consulting Revenue: $13,520 Rent Expense: $3,110 Salaries Expense: $6,490 Telephone Expense: $850 Miscellaneuos Expense: $660
3. Use the above information to prepare a December 31 balance sheet for Ernst Consulting.1. Using the above information prepare a December income statement for the business.
2. Using the above information prepare a December statement of retained earnings for Ernst Consulting. Hint: Retained Earnings on December 1 was $0.
The balance sheet equation (Assets = Liabilities + Owner's Equity) should balance in this case.
To prepare the requested financial statements for Ernst Consulting, we can use the information provided.
December Income Statement for Ernst Consulting:
Consulting Revenue: $13,520
Rent Expense: $3,110
Salaries Expense: $6,490
Telephone Expense: $850
Miscellaneous Expense: $660
Net Income = Consulting Revenue - Rent Expense - Salaries Expense - Telephone Expense - Miscellaneous Expense
Net Income = $13,520 - $3,110 - $6,490 - $850 - $660
Net Income = $2,410
December Statement of Retained Earnings for Ernst Consulting:
Beginning Retained Earnings: $0 (since it is the first month of operations)
Net Income: $2,410
Cash Dividends: $1,570
Ending Retained Earnings = Beginning Retained Earnings + Net Income - Cash Dividends
Ending Retained Earnings = $0 + $2,410 - $1,570
Ending Retained Earnings = $840
December 31 Balance Sheet for Ernst Consulting:
Assets:
Cash: $12,650
Accounts Receivable: $13,520
Office Supplies: $2,850
Office Equipment: $17,530
Land: $45,940
Liabilities:
Accounts Payable: $8,110
Owner's Equity:
Common Stock: $83,540
Retained Earnings: $840
Total Liabilities and Equity = Liabilities + Owner's Equity
Total Liabilities and Equity = $8,110 + $83,540 + $840
Total Liabilities and Equity = $92,490
The balance sheet equation (Assets = Liabilities + Owner's Equity) should balance in this case.
Note: The income statement and statement of retained earnings provide information for a specific period (in this case, the month of December), while the balance sheet represents the financial position of the business at a specific point in time (December 31).
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The income statement shows a net income of $2,410, the balance sheet shows total assets of $92,490 equating the sum of liabilities and stockholders' equity. The retained earnings statement shows an ending balance of $840.
Explanation:To calculate the income statement, balance sheet, and statement of retained earnings, we must organize the financial data given.
Income StatementConsulting Revenue: $13,520Total Expenses (Rent + Salaries + Telephone + Miscellaneous): $3,110 + $6,490 + $850 + $660 = $11,110Net Income (Revenue - Expenses): $13,520 - $11,110 = $2,410Balance SheetAssets (Cash + Accounts Receivable + Office Supplies + Office Equipment + Land): $12,650 + $13,520 + $2,850 + $17,530 + $45,940 = $92,490Liabilities (Accounts Payable): $8,110Stockholders' Equity (Common Stock + Retained Earnings): $83,540 + (Net Income - Dividends) = $83,540 + ($2,410 - $1,570) = $84,380Statement of Retained EarningsBeginning Retained Earnings: $0Add: Net Income: $2,410Less: Dividends: $1,570Ending Retained Earnings: $840Learn more about financial statement preparation here:https://brainly.com/question/34893762
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Which of the following list correctly iidentifies a few of the basic events all market economies share
Private property, freedom, self-interest, competition, minimum government intervention are the characteristics of a market economy.
Individual ownership of private property, The right to make a profit from private property and the law of supply and demand identifies a few of the basic events all market economies share.
Several fundamental principles are shared by market economies. First off, having private property as an individual gives one the freedom to possess and manage assets. Responsible resource management and investment are encouraged by this ownership. Second, one of the primary forces behind economic activity is the right to profit from private property. It promotes risk taking, innovation and entrepreneurship, which helps the economy grow.
The law of supply and demand is a foundational principle. According to this, the equilibrium between supply the amount that is readily available and demand (consumer preferences) determines the prices of goods and services. Collectively, these ideas create the framework for market economies encouraging competition, creativity and effective resource allocation.
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Which of the following list correctly identifies a few of the basic events all market economies share
Individual ownership of private property; the right to make a profit from private property; the law of supply and demand
Problem 13-5B Comparative ratio analysis P3 Summary information from the financial statements of two companies competing in the same industry follows. Ball Fargo Company Ball Company Fargo Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales.... $393,600 $667,500 Cash. $ 20,000 $ 36,500 Cost of goods sold.. 290,600 480,000 Accounts receivable, net . 88,700 79,500 Interest expense... 5,900 12,300 Merchandise inventory.. 86,800 82,000 Income tax expense 5,700 12,300 Prepaid expenses. 9,700 10,100 Not income 33,850 61,700 Plant assets, net.. 176,900 252,300 Basic earnings per share.. 1.27 2.19 Total assets... $382,100 $460,400 Liabilities and Equity Beginning-of-year balance sheet data Current liabilities... $ 90,500 $ 97,000 Accounts receivable, net... $ 72,200 105,100 $ 73,300 80,500 Long-term notes payable. 93,000 93,300 Merchandise inventory.. Common stock, $5 par value.. 133,000 141,000 Total assets 383,400 443,000 Retained earnings.. 65,600 133,000 141,000 129,100 $460,400 Common stock, $5 par value Retained earnings.. Total liabilities and equity.. $382,100 49,100 109,700 Required 1. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) days' sales in inventory, and (f) days' sales uncollected. Round to one decimal place. Identify the company you consider to be the better short-term credit risk and explain why. 2. For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on equity. Assuming that each company paid cash dividends of $1.50 per share and each company's stock can be purchased at $25 per share, compute their (e) price-earnings ratios and (f) dividend yields. Round to one decimal place; for part b, round to two decimals. Identify which company's stock you would recommend as the better investment and explain why.
The better short-term credit risk company is Ball Fargo Company.
To determine the better short-term credit risk company, we need to compute various financial ratios for both companies and analyze the results.
Current ratio:
Ball Company: Current ratio = Current assets / Current liabilities = $194,700 / $90,500 = 2.15
Fargo Company: Current ratio = Current assets / Current liabilities = $147,600 / $97,000 = 1.52
Acid-test ratio:
Ball Company: Acid-test ratio = (Current assets - Inventory) / Current liabilities = ($194,700 - $86,800) / $90,500 = 1.06
Fargo Company: Acid-test ratio = (Current assets - Inventory) / Current liabilities = ($147,600 - $82,000) / $97,000 = 0.67
Accounts receivable turnover:
Ball Company: Accounts receivable turnover = Sales / Accounts receivable, net = $667,500 / $88,700 = 7.53
Fargo Company: Accounts receivable turnover = Sales / Accounts receivable, net = $393,600 / $79,500 = 4.95
Inventory turnover:
Ball Company: Inventory turnover = Cost of goods sold / Merchandise inventory = $480,000 / $86,800 = 5.53
Fargo Company: Inventory turnover = Cost of goods sold / Merchandise inventory = $290,600 / $82,000 = 3.54
Days' sales in inventory:
Ball Company: Days' sales in inventory = 365 days / Inventory turnover = 365 days / 5.53 = 66.01 days
Fargo Company: Days' sales in inventory = 365 days / Inventory turnover = 365 days / 3.54 = 103.11 days
Days' sales uncollected:
Ball Company: Days' sales uncollected = 365 days / Accounts receivable turnover = 365 days / 7.53 = 48.43 days
Fargo Company: Days' sales uncollected = 365 days / Accounts receivable turnover = 365 days / 4.95 = 73.74 days
For the short-term credit risk, a higher current ratio, acid-test ratio, accounts receivable turnover, and lower inventory turnover, days' sales in inventory, and days' sales uncollected are generally preferable. Based on the ratios computed above, Ball Company has better ratios overall, indicating a lower short-term credit risk.
For the investment recommendation, we need to compute additional ratios:
Profit margin ratio:
Ball Company: Profit margin ratio = Net income / Sales = $33,850 / $667,500 = 0.051 (or 5.1%)
Fargo Company: Profit margin ratio = Net income / Sales = $61,700 / $393,600 = 0.157 (or 15.7%)
Total asset turnover:
Ball Company: Total asset turnover = Sales / Total assets = $667,500 / $382,100 = 1.748 (or 1.75)
Fargo Company: Total asset turnover = Sales / Total assets = $393,600 / $460,400 = 0.855 (or 0.86)
Return on total assets:
Ball Company: Return on total assets = Net income / Total assets = $33,850 / $382,100 = 0.088 (or 8.8%)
Fargo Company: Return on total assets = Net income / Total assets = $61,700 / $460,400 = 0.134 (or 13.4%)
Return on equity:
Ball Company: Return on equity = Net income / Equity = $33,850 / $109,700 = 0.308 (or 30.8%)
Fargo Company: Return on equity = Net income / Equity = $61,700 / $129,100 = 0.478 (or 47.8%)
Additionally, we can compute the price-earnings ratio and dividend yield:
Price-earnings ratio:
Ball Company: Price-earnings ratio = Price per share / Earnings per share = $25 / $1.27 = 19.69
Fargo Company: Price-earnings ratio = Price per share / Earnings per share = $25 / $2.19 = 11.42
Dividend yield:
Ball Company: Dividend yield = Dividends per share / Price per share = $1.50 / $25 = 0.06 (or 6%)
Fargo Company: Dividend yield = Dividends per share / Price per share = $1.50 / $25 = 0.06 (or 6%)
Based on the profit margins, return on assets, return on equity, price-earnings ratio, and dividend yield, Fargo Company performs better.
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Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. Do you agree or not? Explain your reasoning.
Answer: i do agree
Explanation: they are a factor because they help the economy in the same ways as the other factors of production
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. The given statement is true. Because of the economy in the same ways as the other factors of production.
What is the economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the production and consumption of goods and services as a whole.
The traditional economy, which uses a country's traditions and history to direct the production and distribution of goods, is a well-known illustration of an economy. The main pillars of traditional economies are agriculture, fishing, and hunting.
Entrepreneurs should be considered a fourth factor of production labor, capital, natural resources, and entrepreneur.
Therefore, By the given statement(Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production) was true.
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Volkswagen analysis of the organisation’s operations
strategy, including its strategic approach and the impact of the
operations management of the selected organisation on the triple
bottom line.
Volkswagen's operations strategy prioritizes efficiency, innovation, and sustainability, positively impacting the triple bottom line through quality control, resource optimization, and eco-friendly practices.
Volkswagen's operations strategy encompasses various aspects of its business operations, including production, supply chain management, and quality control. The company's strategic approach emphasizes efficiency, innovation, and sustainability, aiming to achieve long-term growth while minimizing environmental impact and promoting social responsibility.
In terms of operations management, Volkswagen has implemented several initiatives to enhance efficiency and productivity. The company utilizes advanced manufacturing technologies, such as robotics and automation, to streamline production processes and improve overall operational performance. Additionally, Volkswagen has a strong focus on quality control, ensuring that its vehicles meet high standards and customer expectations.
Furthermore, Volkswagen places significant importance on sustainability and environmental stewardship. The company has set ambitious targets to reduce carbon emissions and increase the production of electric vehicles. Volkswagen's operations management plays a crucial role in achieving these sustainability goals by optimizing resource utilization, implementing eco-friendly practices, and promoting responsible supply chain management.
In terms of the triple bottom line, Volkswagen's operations management practices have a significant impact. Economically, the company's focus on efficiency and innovation helps drive profitability and financial performance. Socially, Volkswagen's commitment to quality control ensures customer satisfaction and safety. Environmentally, the company's efforts to reduce emissions and promote sustainable practices contribute to a greener and more sustainable future.
In conclusion, Volkswagen's operations strategy and management have a positive impact on the triple bottom line, aligning economic success with social responsibility and environmental sustainability. The company's focus on efficiency, innovation, and sustainability positions it as a leader in the automotive industry, striving for long-term growth while minimizing its ecological footprint and promoting social well-being.
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Each month you spend $500 buying coffee. If the price of coffee increases from $2 to $3, what happens to your purchasing power?.
Answer:
The answer is C
Explanation:
Which type of adjusting entry is used to record a payment a company has not yet made for a service it received?
A. Deferred expense
B. Accrued revenue
C. Accrued expense
D. Deferred revenue
The accrued revenue can be defined as the type of adjusting entry is used to record payment a company has not yet made for a service it received.
What is the accrued revenue?This is the term that is used in expense accounting to refer to the type of revenue that is recorded at the period that sale is ongoing where the payment may not have been received.
This type of sales is one that would follow what is called the revenue recognition principle. It is one that would require that the revenue would have to be recorded at that period that it was earned.
Therefore the solution here is the accrued revenue as it is the adjusting entry is used to record a payment a company has not yet made for a service it received.
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If a company is going to export goods to a foreign market, the production process traditionally has been handled through:
fourth-party operations.
third-party operations.
domestic operations.
home-country operations.
domestic operations
If a company is going to export goods to a foreign market, the production process traditionally has been handled through domestic operations. Domestic operations refer to the manufacturing of goods, service delivery, and customer service activities that take place within a company's home country.
It can be performed in-house or by a third-party provider. For instance, a company that produces a product in the United States and then ships it to foreign markets is performing domestic operations because the product was manufactured in its home country.
Exporting a product is one example of how domestic operations can help a company expand its business beyond its home country.Exporting goods to a foreign market is not restricted to domestic operations, but it can also be performed by third-party operators.
Nevertheless, it is not a customary practice to have fourth-party operations involved in the manufacturing of goods because it may be difficult to monitor the quality of the goods being produced by the fourth-party.
Hence, home-country operations (domestic operations) are the most usual and viable option when exporting goods to a foreign market.
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what is the formula for activity ratio
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Explanation:
Please mark me brainliest
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Gianna (20) attends state university and is a qualifying student for the purpose of the american opportunity tax credit (aotc). Her parents will claim her as a dependent on their jointly-filed 2021 return. Their adjusted gross income is $135,000, and they paid $14,500 for gianna's tuition during the year. What is the maximum aotc gianna's parents may be eligible to receive?
The highest amount of money that AOTC Gianna parents may receive is $2500.
An educational tax credit known as the American Opportunity Tax Credit (AOTC) is available for qualified costs paid within the first four years of a student's higher education. Parents who file a combined tax return and have a dependent student may be entitled to receive this tax credit.
If your modified adjusted gross income, often known as your AGI, is $160,000 or less, you are eligible for the full tax benefit (in cases where parents file tax return jointly).
As a result, the following formula can be used to determine the maximum AOTC that Gianna's parents may receive:
• 100% of the first $2,000 spent on admissible educational costs, such as tuition and related costs for school supplies, etc.
PLUS
• 25 percent of the following $2,000 in admissible college costs.
The maximum AOTC that Gianna's parents may receive is as follows: = $ 2000 + 0.25 2000.
= $ 2000 + $ 500
= $ 2500
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Please help!! My 9th time posting this please actually help me!
Dissatisfied customers may occasionally post harsh criticism of a product or service on a company's social media site. Social media experts say that not every comment on the Web merits a response. Concisely describe the circumstances that merit a professional response to an online post. Then describe the guidelines you should follow when composing to customers online.
What is an example of a common part of a company's brand that would be represented in television
commercials?
Answer:
logos, product, company's name, :DDD and endorsers
which stress would result in the student observing a red-brown color in the reaction?
Exposure to oxygen gas can lead to the observation of a red-brown color in the reaction, indicating the presence of iron(III) ions.
1. The red-brown color in a reaction is often indicative of the presence of iron(III) ions, Fe3+.
2. Iron(III) ions can be formed when iron(II) ions, Fe2+, are oxidized.
3. In the context of stress, one possible stress that could lead to the observation of a red-brown color is exposure to oxygen gas, O2.
When iron(II) ions are exposed to oxygen gas, they can undergo oxidation to form iron(III) ions. This reaction is commonly referred to as the oxidation of iron. The balanced chemical equation for this reaction is:
4 Fe2+ + O2 → 4 Fe3+
In this reaction, each iron(II) ion is oxidized to form an iron(III) ion. The oxygen gas acts as the oxidizing agent in this process. As a result, the solution turns red-brown due to the presence of the iron(III) ions.
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5. Student loans typically offer higher interest rates, no deferred payment options, and no grace period following graduation.
True
False
Answer:
True
Explanation:
What happens to an inferior good when income decreases?
When incomes drop or the economy weakens, the demand for subpar goods rises. When this occurs, inferior good alternatives to more expensive goods are made available.
Explain about the inferior good?In economics, when income rises or the economy grows, the demand for subpar products declines.
Customers will be more likely to spend money on more expensive alternatives when this occurs. This change may be the result of various factors, such as quality or a movement in the socioeconomic level of the consumer.Everything that a consumer would purchase less of even with an independent certification of real income is considered an inferior item, which is the polar opposite of a normal good. They might also be connected to people who are typically from lower socioeconomic classes.In contrast, when earnings drop or the economy weakens, the demand for subpar goods rises.
Thus, when this occurs, less priced alternatives to more expensive goods are made available.
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all of the following are essentials of a valid deed except:competent grantoridentifiable granteeconsideration of cash or its equivalent that is equal to or greater than the market value.legal description.
The statement "consideration of cash or its equivalent that is equal to or greater than the market value" is not an essential of a valid deed.
While consideration is required for a valid deed, it does not necessarily have to be in the form of cash or its equivalent. Consideration can be any value or benefit exchanged between the parties, such as property, services, or even love and affection. The amount of consideration is not necessarily required to be equal to or greater than the market value of the property being conveyed. The other three essentials listed, competent grantor, identifiable grantee, and legal description, are all essential for a valid deed. Consideration can be any benefit or value exchanged between the parties, such as property, services, or even love and affection. The essential elements of a valid deed are a competent grantor, an identifiable grantee, a legal description of the property, and the grantor's intent to convey the property.
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because our flight monitor product is the best on the market, we are certain you will place an order next month. one of our representatives will be coming by next tuesday to complete your order. too pushy too general too timid
Because our flight monitor product is the best on the market, we are certain you will place an order next month. one of our representatives will be coming by next tuesday to complete your order. The issue here is that it is too pushy. Option A.
What does it mean for a request to be too pushy?A person who is deemed to be excessively aggressive, forceful, or insistent is referred to as pushy. Individuals who strive to persuade others to comply with their demands or to agree with them are often those who are referred to as pushy.
They are sending a representative to complete the order without taking the customer's perspective into account or providing them the opportunity to ask questions about the goods.
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Read the following closing of a persuasive request, and then identify what is wrong with it.
Because our flight monitor product is the best on the market, we are certain you will place an order
representatives will be coming by next Tuesday to complete your order.
Too pushy
Too timid
Too general
The ultimate success of new products (goods or services) primarily depends on: Select one: a. The reputation of the organization b. Consumers accepting them c. The strength of the marketing efforts d. The organization's brand identity
Consumer acceptance is the primary determinant of the ultimate success of new products.Option b is correct.
The ultimate success of new products (goods or services) primarily depends on consumers accepting them (option b). While the reputation of the organization (option a), the strength of the marketing efforts (option c), and the organization's brand identity (option d) all play significant roles, it is consumers accepting the new products that ultimately determines their success in the market.
Consumers accepting new products means that they find value in the offerings and are willing to purchase and use them. Factors such as the product's quality, features, price, and how well it meets the needs and desires of the target market are crucial in gaining consumer acceptance. Positive word-of-mouth, recommendations, and reviews from satisfied customers also contribute to consumer acceptance.
While a strong organization reputation, effective marketing efforts, and a well-established brand identity can positively influence consumer acceptance, they are not guarantees of success. Without consumer acceptance, even the most reputable organization, powerful marketing campaigns, and strong brand identity may not translate into sustained demand and profitability for new products.
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bob purchased a bond that can be exchanged for a set number of shares of the issuer's common stock. what type of bond has bob purchased?
The type of bond that Bob purchased is called Convertible Bonds.
Convertible bonds are corporates bonds that can be converted into the common stock of the issuing company. When convertible bonds are issued, they act no different than the regular corporate bonds, only a slightly lower interest rate. Convertible bonds have its own convertible ratio, the number of stock shares an investor will receive should they choose to convert their bonds.
Convertible bonds became a company's strategy to lower the coupon rate on debt because of the conversion feature that convertible bonds have. Convertible bonds also helps to delay a company's dilution. Convertible bonds allows company to delay dilution to its equity holders.
There are 2 types of convertible bonds:
Vanilla convertible bondMandatory convertible bondVanilla convertible bond is a standard convertible bond An investor could decide to hold is bond to maturity and receive the bond's face value, or he can convert it to equity shares and benefits.
Mandatory convertible bond is an advertisement in disguised. An investor's bond will automatically convert by a certain date specified in the bond's indeture agreement.
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Who owns most property resources in a command system?
a. individuals
b. society
c. government
d. firms
The owner of most property resources in a command system is the government
What is a command system of the economy?
Command system of economy is a type of economy system where the resources and factors of production are owned and controlled by the government with little or zero private participation rate.
It is different from free enterprise where all economic decisions and ownership are all concentrated in the hands of private wealthy individuals and firms
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A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%
Answer:
The correct response is Option b (1.60%).
Explanation:
According to the question,
Initial investment,
= $50,000
Perpetual annual cash flows,
= $800
Now,
The interest rate will be:
= \(\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}\)
On substituting the given values, we get
= \(\frac{800}{50,000}\)
= \(0.016\)
i.e.,
= \(1.60 \ percent\)
joe Henry's machine shop uses 2540 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: Annual demand 2,540
Holding cost per bracket per year $ 1.30
Order cost per order $ 18.00
Lead time 2days
Working days per year 250
d) Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $_______ (round your response to two decimal places)
The total annual cost of managing the inventory is $94.44 (rounded to two decimal places).
To calculate the total annual cost of managing the inventory, we need to use the Economic Order Quantity (EOQ) formula:
EOQ = sqrt((2 * annual demand * order cost) / holding cost per bracket per year)
EOQ = sqrt((2 * 2540 * 18) / 1.30) = 140.72
Now that we have calculated the EOQ, we can use it to calculate the total annual cost:
Total annual cost = (annual demand / EOQ) * order cost + (EOQ / 2) * holding cost per bracket per year
Total annual cost = (2540 / 140.72) * 18 + (140.72 / 2) * 1.30 = $94.44
Therefore, the total annual cost of managing the inventory is $94.44 (rounded to two decimal places).
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PGI is $100, Vacancy is 5%, Operating expenses and reserves are 42%. What is your NOI?
The Net Operating Income (NOI) is $55.10.
To calculate the Net Operating Income (NOI), we need to subtract the operating expenses and reserves from the Potential Gross Income (PGI).
Given:
PGI = $100
Vacancy = 5% (expressed as a percentage)
Operating expenses and reserves = 42% (expressed as a percentage)
First, we need to calculate the Vacancy Loss:
Vacancy Loss = PGI * (Vacancy/100)
= $100 * (5/100)
= $5
Next, we need to calculate the Effective Gross Income (EGI):
EGI = PGI - Vacancy Loss
= $100 - $5
= $95
Finally, we can calculate the Net Operating Income (NOI):
NOI = EGI - Operating expenses and reserves
= $95 - ($95 * (42/100))
= $95 - ($95 * 0.42)
= $95 - $39.90
= $55.10
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In two to three sentences, explain why a small amount of inflation encourages economic growth. will give brainliest
Answer:
A small amount of inflation can be really good for the economy. It can boost consumer demand and consumption. This encourages spending and investing.
gerri has a 15-year loan with monthly payments that remain the same amount for the entire loan period. which type of mortgage repayment plan does gerri have?
Gerri has a fixed-rate mortgage repayment plan. This type of mortgage requires borrowers to make fixed monthly payments over the entire loan period, typically 15 or 30 years.
Understanding Fixed-Rate MortgagesA fixed-rate mortgage is a popular type of mortgage repayment plan that provides borrowers with predictable monthly payments over the entire loan period. Gerri, who has a 15-year loan with monthly payments that remain the same amount for the entire loan period, has a fixed-rate mortgage repayment plan.
With a fixed-rate mortgage, the interest rate remains the same throughout the life of the loan. This means that the monthly payments also remain the same, providing borrowers with a stable and predictable payment schedule. Borrowers can plan their finances accordingly and avoid any surprises due to fluctuations in interest rates.
Fixed-rate mortgages are usually offered with terms of 15, 20, or 30 years. The shorter the term, the higher the monthly payment, but the less interest is paid over the life of the loan. Conversely, longer-term fixed-rate mortgages have lower monthly payments, but borrowers will end up paying more interest over the life of the loan.
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If you are projecting your future financially, what are your
doing?
Risking
Forecasting
Managing
Expanding
Answer:
Forecasting
Explanation:
Because a weather forecast looks ahead for weather. You are forecasting your financial future
How would you manage the school if you are the headmaster?
Answer:
i wouldn't manage
Explanation:
What actions can people take to reduce hunger in local and global settings? Explain in details pls
Answer:
Kindly check explanation
Explanation:
Hunger often stems from poverty, Famine, inflation, war and so on. However, factors which often has a direct impact on food and coukd lead to hunger include poverty and Famine. To reduce or forestall this problem on a local and global scale, necessary steps which should be taken are those which tends to address the issue of food security. Which includes the empowerment of farmers and good funding and monitoring of the agricultural sector. Through this food cultivation could be done on a multi dimensional scale by providing support in terms of machinery, low interest loans in otter to enable farmers and other related stakeholders get access to the needs d capital for the development of their agricultural business. Also, good road network for easy transportation of farm produce. Alternative methods of watering such as irrigation farming should be upgraded as this could prove vital during periods of Rainfall shortage. The distribition of foods including adequate regularozation of prices is also key in other to prevent artificial inflation or scarcity in a bid to accrue higher profit.
economists generally conclude that the government has generated large net benefits by deregulating which industries? multiple select question. trucking airline mining railroad light manufacturing
An economists generally conclude that the government has generated large net benefits by deregulating the industries that includes:
A. truckingB. airlinesD. railroadsWhat is an industries deregulation?Basically, a deregulation refers to the reduction or elimination of government power in a particular industry which is usually enacted to create more competition within the industry.
Over years, the struggle between the proponents of regulation and proponents of government nonintervention has shifted market conditions. So, the proponents of deregulation argues that overbearing legislation reduces investment opportunity and stymies economic growth, causing more harm than it help.
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