Katherine is developing a forecast for next year's sales of organic fertilizer by her company to the nation's retail gardening nurseries. She is assembling the sales estimates for her company's products by adding together the territory estimates provided by her salespeople. She is engaging in _____ forecasting.
A. cumulative
B. geographic
C. gross margin quota
D. profit quota
E. bottom-up
Answers
She is assembling the sales estimates for her company's products by adding together the territory estimates provided by her salespeople. She is engaging in bottom-up forecasting.
Forecasting: What Is It?Informed estimates that are predictive in determining the direction of future trends are made using previous data as inputs in the forecasting technique. Forecasting is used by businesses to decide how to allocate their budgets or make plans for impending expenses.
In a corporation, what does forecasting mean?Forecasting, for small business owners, is the act of examining historical and current data as well as market trends to make predictions about the company's future financial performance. It gives you the ability to predict how much money you might make in a given time frame and make big-ticket plans.
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Related Questions
Entrepreneurs weigh the differences between the benefits of starting a business and those things that they are likely to forego because they choose to work for themselves. Such things they are likely to pass up on are
Answers
Answer:
Employers offered such compensation including paid holidays as well as insurance coverage.
Explanation:
Entrepreneurs already don't obtain compensation offered to the employment contract that somehow a big company may provide, which include things like paid holidays but rather medical benefits. They consider giving up certain advantages to encourage them to operate but instead retain the money that certain companies know.Which of the following techniques is NOT a technique for dealing with a bottleneck?
A. Schedule throughput to match the capacity of the bottleneck.
B.Have cross-trained employees available to keep the constraint at full operation.
C. Develop alternate routings.
D. Increase the capacity of the constraint.
E. All are techniques for dealing with bottlenecks.
Answers
D. Increase the capacity of the constraint is not a technique for dealing with a bottleneck.
When dealing with a bottleneck, it is important to remember that increasing the capacity of the constraint is not necessarily the best solution.
There are other, more effective techniques to help manage bottlenecks and optimize a system’s performance, such as re-balancing workloads, reorganizing processes, and utilizing automation.
The right solution will depend on the specific bottleneck and the system dynamics, but it is important to consider all of the options before committing to a strategy.
One way to address a bottleneck in your business is to increase the capacity of the constraint.
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henderson construction managers provide design and construction management services for various commercial construction projects. senior managers are trying to apply cost driver concepts to their firm to better understand henderson's costs. classify each of the following actions or decisions as structural, organizational, or activity cost drivers. (a) the decision to be a regional leader in computer-assisted design services. structural organizational activity (b) the decision to allow staff architects to follow a specific project through to completion. structural organizational activity (c) the daily process of inspecting the progress on various construction projects. structural organizational activity (d) the process of conducting extensive client interviews to assess the exact needs for henderson services. structural organizational activity (e) the decision to expand the market area by establishing an office in another state. structural organizational activity (f) the decision to use only henderson staff rather than relying on subcontractors. structural organizational activity (g) the process of receiving approval from government authorities along with appropriate permits for each project. structural organizational activity (h) the decision to organize the workforce into project teams. structural organizational activity (i) the decision to build a new headquarters facility with areas for design and administration as well as storage and maintenance of construction equipment. structural organizational activity (j) the process of grading building sites and preparing forms for foundations. structural organizational activity check previoussave answersnext
Answers
a. The dec-ision to be a regional lead-er in computer -assisted design ser-vices is structural action. b. The decision to all-ow staff architects to follow a specific pro-ject through to comp-letion is organizational decision.
c. The daily process of inspect-ing the progress on various constr-uction projects. - organizational decision.
d. the process of conduct-ing extensive client inter-views to assess the exact needs for Hender-son services. - activity
(e) the decision to exp-and the market area by estab-lishing an office in an-other state. organizational
(f) the deci-sion to use only Hender-son staff rather than relying on sub-contractors. organizational
(g) the process of receiv-ing approval from govern-ment authorities along with appro-priate permits for each pro-ject. structural
(h) the decision to organ-ize the work-force into project teams. activity
(i) the decision to build a new head-quarters facility with areas for design and administ-ration as well as storage and main-tenance of construction equip-ment. organizational
(j) the pro-cess of grading build-ing sites and preparing forms for found-ations. Activity.
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What are the 3 significant types of insurance that are involved in Marine
insurance
Answers
Answer:
Liability Insurance.
Hull Insurance.
Freight Insurance.
Freight Insurance
Ship‘ owners liability
help fast
for 10 pts
Answers
Answer:
training
Explanation:
Which of the following is NOT a type of account offered by commercial banks to the public?
(A) Trade account
(B) Savings account
(C) Current account
(D) Fixed deposit account
Answers
Trade accounts are NOT a category of accounts that commercial banks provide to the general public.
Which of the following is NOT a type of account offered by commercial banks to the public?Trade accounts are frequently made available by suppliers to their clients, enabling them to order goods and solutions on credit and pay for them later. These accounts have no connection to services offered by commercial banks, such as savings, credit, and time deposits accounts. However, commercial banks also provide the general public with additional sorts of accounts, including bank deposits, bank deposits, and fixed deposit accounts. Savings accounts let users put money in and take it out while collecting interest; credit lines are used for day-to-day transactions; and fixed deposit accounts, which provide higher interest rates but call for locking in the money for a set time period.
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A guidance counselor is:
o a. someone who works with students with disabilities.
o b. someone who oversees a student's academic progress.
o c. someone who oversees high school operations.
o d. someone who teaches classes and monitors hallways.
Answers
A guidance counselor is a person who works in the schools and check with the student's academic progress.
Who is a guidance counselor? Discuss his responsibilities?A guidance counselor are the certified professionals who are employed in the schools and different institutions.
They helps the students by giving them advise and consultancy about their career and academic growth.
They basically assess the student's ability and provides them with personal counselling.
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the figure below shows supply and demand curves for a good that imposes a positive externality on society of 4 dollars per unit produced and consumed. what is the deadweight loss if the government gives a 4 dollar subsidy per unit to each buyer?
Answers
In this scenario, the deadweight loss becomes zero as the subsidy perfectly compensates for the externality, thus allowing the market to reach the socially optimal outcome.
What is the deadweight lossWhen a good imposes a positive externality on society, it means that its consumption generates additional benefits beyond those enjoyed by the consumer.
In this case, the positive externality is valued at $4 per unit produced and consumed. The supply and demand curves in the figure represent the private costs and benefits of the good.
However, due to the positive externality, the social benefits are higher than the private benefits. By providing a $4 subsidy per unit to each buyer, the government effectively internalizes the positive externality, aligning the private benefits with the social benefits.
As a result, the demand curve shifts rightward, leading to a new equilibrium point with a higher quantity produced and consumed. This increase in production and consumption reduces the deadweight loss associated with the positive externality.
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Which of the following is involved in organizing an outline?
categorizing
listing
ordering
recording
Answers
Answer:
listing
Explanation:
It's easier more smarter and faster to handle
Hope this helps❤
The answer is:
ListingDefine the roles of the securities industry regulators. how does the federal reserve board impact the securities markets?
Answers
Federal and state governments have various bodies that regulate and supervise financial markets and businesses. Each of these institutions has a specific set of duties and responsibilities that allow them to act independently while working to achieve similar goals.
The Federal Reserve Board (FRB) is one of the most recognized of all regulatory bodies. That's why the "Federal Reserve" is often accused of being the cause of recessions or announced as stimulating the economy. It is responsible for affecting money, liquidity, and general credit conditions. The primary tool for conducting monetary policy is open market operations, which control the buying and selling of US Treasury and federal securities. Purchases and sales can change the number of reserves and affect the Federal Funds Rate (the rate at which custodians lend money overnight to other custodians). The Board also oversees and regulates the banking system to provide overall stability to the financial system. The Federal Open Market Committee (FOMC) determines the Fed's actions.
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a tech startup is exploring ways to develop an app that allows patients to visit their doctors virtually. the startup is partnering with a local practice to compile data, including symptoms, common ailments, and clinical expertise, to be accessible through the interface of the app. the company anticipates the project will take two to three years. what type of business-level strategy best fits this partnership?
Answers
The tech startup and the local practice are collaborating to develop an app that will enable patients to visit their doctors virtually. This partnership focuses on compiling relevant data that will be accessible through the app's interface. The startup aims to complete the project in two to three years.
The business-level strategy that best fits this partnership is a focused differentiation strategy. This strategy centers on creating a unique and differentiated product that meets the specific needs of a target market. In this case, the startup is developing an app that allows patients to visit their doctors virtually, a service that is currently not widely available.
By partnering with a local practice to compile data on symptoms, common ailments, and clinical expertise, the startup is creating a unique and differentiated product that meets the specific needs of patients. This strategy allows the startup to distinguish itself from competitors and appeal to a specific target market, which is likely to result in increased sales and profitability.
In conclusion, the tech startup's partnership with a local practice to develop an app that allows patients to visit their doctors virtually aligns with a focused differentiation strategy. The partnership aims to create a unique and differentiated product that meets the specific needs of patients, which is expected to result in increased sales and profitability.
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Bought goods
for
cash $100
to double
entry system.
Answers
Answer:Purchase account Dr.$100
cash account Cr.$100
Explanation:
How would you manage the school if you are the headmaster?
Answers
Answer:
i wouldn't manage
Explanation:
In a manufacturing company , the budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories . ( enter only one word per blank )
Answers
In a manufacturing company , the direct materials budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.
Components that go into a manufactured good are known as direct materials. For instance, the direct materials used in the creation of a smartphone are the screen, integrated circuits, camera modules, and buttons. Direct material refers to the tangible components that make up a production. For instance, water are direct materials for a baker. Cost accounting uses the direct materials concept to categorize this cost independently for various forms of financial analysis.
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Identify the correct statement regarding an employee assistance program. Multiple Choice It involves hiring an arbitrator from outside the organization to hear cases or disputes among employees. It involves taking the help of a neutral party though a nonbinding process to solve issues among employees. It is a system that supervisors can use to refer their employees for professional treatment when necessary. It is a company-sponsored program to help employees manage the transition from one job to another. It cannot be recommended by union representatives.
Answers
Answer:
It is a system that supervisors can use to refer their employees for professional treatment when necessary.
Explanation:
The employee assistance program is the program that helps the employee to received the benefits for assist the manager to solve out the personal problems that occurs at the time of performing a job that directly impact your job performance in terms of health, mental, emotional behavior
Therefore the above represent the answer
QUE ES UN CHOQUE ELECTRO SEVERO
RAPIDO RAPIDO AYUDA POR FAVOR
ES DE ELTRICIDAD PERO LE PUSE ESA MATERIA PORFAVOR AYUDAME
Answers
Answer:
un choque electro es un choque electrico
Whistleblowers are often regarded as __________ by their peers and employers. None of the options are correct. heroes outcasts good candidates for promotion
Answers
Whistle blowers are often regarded as outcasts by their peers and employers.The Whistle blower Policy is intended to address the concerns of employees relating to any wrongdoing within the Bank, enabling them to report suspected occurrence(s) of illegal, unethical or inappropriate actions, behaviors or practices.
There are two kinds of whistle blowing: internal (where an employee of a company goes to authorities within the company to resolve issues) and external (where an employee goes to an external source like the media or law enforcement to expose the wrongdoing)External whistle blowing is a term used when whistle blowers report the wrongdoings to people outside the organisation such as the media, higher government officials, or police.
The crime or wrongdoing could be in the form of fraud, deceiving employees, corruptions, or any other act which misleads people.Whistle-blowing brings two moral values, fairness and loyalty, into conflict. Doing what is fair or just (e.g., promoting an employee based on talent alone) often conflicts with showing loyalty (e.g., promoting a longstanding but unskilled employee)
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Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses
Answers
In the given case where Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses a crowdsourcing technique.
Crowdsourcing is the process of gathering data, viewpoints, or creative output from a large number of individuals, typically online.
Through the use of crowdsourcing, businesses may access individuals with a variety of skills and viewpoints from around the world while also saving time and money.
Crowdfunding, in contrast to crowdsourcing, is used to raise money to help individuals, nonprofit organizations, or start-up businesses.
Cost reductions, speed, and the opportunity to collaborate with people who possess abilities that an internal team might lack are all benefits of crowdsourcing.
Hence, This business uses a crowdsourcing technique.
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Trade credit may be used to finance a major part of the firm's working capital when Select one: O A. the firm extends more liberal credit terms than the supplier. OB. the firm extends less liberal credit terms than the supplier. OC. neither the firm nor the supplier extend credit. O D. the firm and the supplier both extend the same credit terms. The cost of failing to take a trade discount is. Select one: O A. Higher for terms of 2/10, net 60 than for terms of 2/10, net 30 OB Lower for terms of 2/10, net 60 than for terms of 2/10, net 30 OC. The same for terms 2/10, net 60 as for terms of 2/10, net 30 O D. Cannot be determined from the information provided
Answers
When the company gives more lenient credit terms than the supplier, trade credit may be used to fund a significant portion of the working capital of the company.
The trade of products and services from one person or organization to another often takes place in exchange for money. A system or network that permits trading is referred to as a market by economists. Before the invention of money, trades were carried out by bartering, or the direct exchange of one commodity or service for another. Today, the bulk of trade agreements are signed using a medium of exchange like money. As a result, buying can be distinguished from earning or selling. Trade was aided by the creation of money. Bilateral trade is defined as trading between two parties, whereas multilateral commerce comprises more than two parties. According to one contemporary viewpoint, trade is made feasible by specialization and the division of labor.
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Which of the following is an example of inventory at a company?
A.
A scooter that has been purchased at a store by a customer
B.
An employee who provides technical expertise
C.
Fancy dishes and silverware used at a restaurant
D.
A list of products that a hardware store wants to order
Answers
Answer is option c) Fancy dishes and silverware used at a restaurant
what is inventory at a company ?
The term "inventory" refers to all the products, materials, goods, and merchandise that a company has on hand and intends to sell to customers for a profit. Inventory at a manufacturing company includes raw materials utilised in production, as well as semi-finished goods stored in warehouses or on factory floors, in addition to the finished product that has been manufactured and is available for sale. In a service industry, since there is no exchange of physical stock, the inventory is mostly intangible in nature. So the service industry inventory mostly includes the steps involved before completing a sale.
Inventory is:
An asset, tangible or intangible,An asset that can be realized for revenue generation or has a value for exchange, orAn asset which is in process but is meant for sale in the market.Different types of inventory :
Raw materialsWork in progressFinished goodsMRO inventoryBuffer inventoryCycle inventoryDecoupling inventoryTransit inventoryFor any manufacturing or trading company, inventory is a crucial asset, thus it's critical for business leaders to comprehend what it truly means. In addition to the general definition, some sectors of the economy, such as manufacturing and services, employ specialised definitions that take into account all of the assets specific to those sectors. Business owners can better understand how their inventory is serving them by understanding the many forms of inventory, including those that aren't directly used in accounting.
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match the concepts to their definition question 4 options: display the path in which a process flows. a task in a business process. used to handle the flow (forking, merging and joining of paths) of a process. anything that happens during the course of a business process.
Answers
1. BPMN Flows
2. BPMN Event
3. BPMN Activity
4. BPMN Gateway
What is BPMN Gateway?
A gateway is symbolised by a diamond shape and controls decisions, path merging, and the path connecting. These are the typical BPMN gateway kinds. A type of flow object called a BPMN Gateway is used to direct the sequence of flows in a process based on specific conditions. It acts as a gate and decides whether to permit a certain flow to pass, hence gates may have some control over the types of outgoing flows that pass through them. A type of flow object called a BPMN Gateway is used to direct the sequence of flows in a process based on specific conditions. It acts as a gate and decides whether to permit a certain flow to pass, hence gates may have some control over the types of outgoing flows that pass through them.
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mark is an engineer who has designed a telecommunications device. he is convinced that there is a big potential market for the device. accordingly, he has decided to quit his present job and start a company to manufacture and market the device. mark purchased a machine two years ago to make experimental boards. the machine will be used to manufacture the new board. the cost of this machine is:
Answers
The Mark is an engineer-----------. The Mark purchased a machine two years ago to make experimental boards. The machine will be used to manufacture the new board. The cost of this machine is an opportunity cost.
What is the Opportunity Cost?The opportunity cost is the value of the next-best alternative when a decision is made or it's what is given up. Opportunity cost is the amount of potential gain an investor misses out on when they commit to one investment choice over another.
The optimal activity is the one that, net of its opportunity cost, provides the greater return compared to any other activities, net of their opportunity costs.
The Mark is an engineer-----------. The Mark purchased a machine two years ago to make experimental boards. The machine will be used to manufacture the new board. The cost of this machine is an opportunity cost.
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Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
Answers
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
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help!!!!! need ASAP!!!
A country that allows the value of its currency to be set by global supply and
demand for that currency has a(n) exchange rate.
A. fixed
B. inflated
c. trade-weighted
D. flexible
Answers
Answer:
D. flexible
Explanation:
An exchange rate set by the market forces is a flexible exchange rate or a floating exchange rate. The demand and supply forces of the currency determine the exchange rate in the Forex market. Since governments are a major stakeholder in a country's exchange rate, it makes some efforts to influence the exchange rate.
If the demand for a currency is high, its value increases, meaning other countries will spend more buying it. When demand is low, its value declines, which makes imports expensive.
Answer:D
Explanation:
what percentage of ffa members live in rural/farm areas
Answers
There is no specific data available on the percentage of FFA members who live in rural/farm areas. However, it can be assumed that a significant portion of FFA members come from these areas due to the organization's focus on agriculture.
The FFA (Future Farmers of America) is an organization that promotes agricultural education and leadership development for students interested in agriculture. FFA members can be found in both rural and urban areas, but the organization has a strong presence in rural/farm communities.
While there is no specific data available on the exact percentage of FFA members living in rural/farm areas, it can be assumed that a significant portion of FFA members come from these areas due to the organization's focus on agriculture.
FFA provides opportunities for students to learn about agriculture, develop leadership skills, and participate in various activities related to farming and agriculture.
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Approximately 70% of FFA members, who are part of the National FFA Organization, reside in rural or farm areas, reflecting the strong agricultural roots of the organization.
FFA members are individuals who are part of the National FFA Organization, formerly known as the Future Farmers of America. FFA is a dynamic youth organization that aims to develop leadership skills, personal growth, and career success in students with a passion for agriculture and related fields.
FFA members typically include high school students enrolled in agricultural education programs, although membership is open to all students interested in agriculture.
FFA provides various opportunities for members to engage in activities such as leadership development, career exploration, public speaking, competitions, and community involvement, fostering a strong sense of agricultural awareness and education among its members.
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`
A&M Records Inc. v. Napster Inc.
During the early 2000s, music fans freely shared their favorite songs online. Every day, they went to Napster and other peer-to-peer music sharing services to exchange thousands and thousands of MP3 files. They had access to almost every type of music and artist. There was just one problem. No one was paying for anything. Musicians, songwriters, producers, and record companies were losing millions of dollars.
So A&M Records and other companies affiliated with the Recording Industry Association of America filed a lawsuit against Napster and its creator Shawn Fanning. (Fanning was a college student at Northeastern University when he began the file-sharing service in 1999.) The suit accused Napster of contributory and vicarious copyright infringement. The case landed in the United States Court of Appeals for the Ninth Circuit. There, Napster was found guilty on both counts, and the site was forced to shut down in 2002. Several years later, a similar file-sharing service known as Grokster also had to cease operations when the Supreme Court ruled against it in MGM v. Grokster.
Which type of tort happens when you unfairly damage another company's reputation?
A.
Fraud
B.
Conflict
C.
Interference
D.
Defamation
Please select the best answer from the choices provided
A
B
C
D
Answers
Defamation, a type of tort happens when you unfairly damage another company's reputation. Thus, option (d) is correct.
The term Defamation refers to the was the statement are the causes of the harm to the reputation of another person. The defamation are the division of the two category such as libel and slander.
Defamation is the legal a ligation on the another person are the damage personality. A false written on the reputation personality. A reputation of another person is the damage is called the Defamation.
As a result, the significance of this case are the based on defamation, a type of tort happens when you unfairly damage another company's reputation are the aforementioned.
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Which of the following is not part of the balance of payments
Answers
Option (d), Each is taken into account in the payment balance. The balance of payments is composed of three components: the current account, capital account, and finance account.
What is excluded from the balance of payments?The current account of the balance of payments does not include investments. The current account of payment balance is calculated by averaging the balance of trade, netfactor income, and net transfer payment. Current account for the BOP is either positive, indicating a surplus, or negative, indicating a deficit.
Economic surplus is one of the balance of payments' components, right?The trade of goods and services affects the country's balance of payments. If a country is able to export more goods and services than it can import, it is said to be in a surplus.
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Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75% equity. The CFO believes the firm should use more debt, but the CEO is reluctant to increase the debt ratio. The risk-free rate, r RF, is 5.0%, the market risk premium, RP M, is 6.0%, and the firm's tax rate is 25%. Currently, the cost of equity, r s, is 11.5% as determined by the CAPM. What would be the estimated cost of equity if the firm used 60% debt? (Hint: You must first find the current beta and then the unlevered beta to solve the problem.)
Answers
Answer:
17.74%
Explanation:
Calculation to determine What would be the estimated cost of equity
First step is to calculate the Original beta using this formula
Original beta = (rs-rRf)/ RPM
Let plug in the formula
Original beta = 11.5%- 5%
Original beta = 6.5%/ 6%
Original beta = 1.083
Second step is to calculate original D/E using this formula
original D/E= D/A / (1-D/A)
Let plug in the formula
original D/E = .25/ (1-.25%)
original D/E = .333
Third step is to calculate Unlevered Beta using this formula
Unlevered Beta= Bu = Bl / 1+((1- Tax rate) x (D/E)
Let plug in the formula
Unlevered Beta= 1.083/1+((1-.25) x .333
(D/E) =1.083/1+(0.75*.333)
(D/E) =1.083/1+.24975
(D/E) =1.083/1.24975
(D/E)=0.87
Fourth Step is to calculate the Target D/e
Target D/e = .6/.25
Target D/e = 2.4
Fifth step is to calculate the New Beta using this formula
New Beta = bu* (1+(D/E)(1- tax rate)
Let plug in the formula
New Beta= .87 *(1+(2.4)*(.6)
New Beta= .87 *(1+1.44)
New Beta= .87 *2.44
New Beta=2.1228
Now let calculate the estimated cost of equity using this formula
rs = rRF + new beta (RPm)
Let plug in the formula
rs= 5% + 2.1228*6
rs= 17.74%
Therefore the estimated cost of equity will be 17.74%
If a business follows an "opt-in" policy for handling personal data, information about a customer ____. O may not be released unless the customer gives permission. O may be released for any legitimate business purpose. O may be released unless the customer requests that the information be kept private. O may not be released under any conditions.
Answers
If a busi-ness follows an "opt-in" policy for hand-ling personal data, inform-ation about a customer may not be relea-sed unless the customer gives permission.
What does opt-in mean in business?An opt-in pro-cess requires the user to act-ively subscribe to receive emails or news-letters by providing their email add-ress and some-times their name and other personal inform-ation. 'Opt-in' consent means that you ask for some-one's consent or permission before you use their data for mark-eting.
Opting in me-ans that a user will take an affirm-ative action to offer their con-sent. The most common way busi-nesses imple-ment opt-in methods is through check-boxes. When presented with a checkbox, the user must take act-ion to check the box, which de-notes their con-sent.
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Cindy Smith, age 16, buys a 1973 Chevy Camaro from Mike Mason, age 23, for $400. Cindy's indulgent parents, who give her everything she wants, loaned her the money for the car. The reason for Cindy's purchase is that all her friends have cars and she feels left out without one. One week after buying the car, however, Cindy changes her mind and tells Mike that she wants to disaffirm the contract. When Mike comes to pick up the car and give Cindy her money, though, Cindy changes her mind again, telling Mike that "I'll stick by the deal." But when Cindy's parents gave her a new car for her seventeenth birthday, she finally decides to disaffirm once again. Which of the following is true? (Points : 1) Cindy cannot disaffirm because the car is a necessary.Cindy cannot disaffirm because she ratified the contract by saying "I'll stick by the deal."Cindy cannot disaffirm because we have a sale of goods and Article 2 of the UCC says that 16 is the age of contractual capacity.Cindy can still disaffirm.
Answers
Based on the scenario, the statement that is true is 'Cindy can still disaffirm the contract'. Therefore, the correct option is 4.
While it is true that the car may be considered a necessary for transportation purposes, this only applies if Cindy did not have access to any other means of transportation. In this case, Cindy's parents gave her a new car, so the Camaro is no longer a necessary.
Additionally, Cindy's statement of "I'll stick by the deal" may have ratified the contract, but since she later changed her mind again and disaffirmed the contract, her initial statement is no longer valid. Finally, while Article 2 of the UCC does set 16 as the age of contractual capacity for the sale of goods, this does not prevent minors from disaffirming contracts.
Therefore, Cindy can still disaffirm the contract and return the Camaro to Mike which corresponds to option 4.
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