To calculate the market value of the outstanding preferred stock, we can use the dividend discount model (DDM).
The value of a preferred stock is determined by dividing its annual dividend by the required rate of return.
a. Market value of the outstanding preferred stock:
Dividend per share = $5.20
Required rate of return = 9.8% = 0.098
Market value = Dividend per share / Required rate of return
Market value = $5.20 / 0.098
Market value ≈ $53.06 per share
Therefore, the market value of the outstanding preferred stock is approximately $53.06 per share.
b. To calculate the value of the stock when the required return on similar-risk preferred stocks has risen to 11.1%, we can use the same formula as above:
Dividend per share = $5.20
Required rate of return = 11.1% = 0.111
Value = Dividend per share / Required rate of return
Value = $5.20 / 0.111
Value ≈ $46.85 per share
Therefore, if the required return on similar-risk preferred stocks has risen to 11.1%, the value of the stock will be approximately $46.85 per share.
To calculate the gain or loss per share, we can subtract the purchase price (market value in part a) from the selling price (value in part b).
Gain or loss per share = Value - Market value
Gain or loss per share = $46.85 - $53.06
Gain or loss per share ≈ -$6.21
Therefore, if an investor purchased the preferred stock at the value calculated in part a and sells the stock when the required return on similar-risk preferred stocks has risen to 11.1%, the gain or loss per share would be approximately -$6.21. This indicates a loss of $6.21 per share.
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the investment asset class with the most risk over the past 70 years has been?
The investment asset class with the most risk over the past 70 years has been equities (stocks).
Equities, or stocks, are considered one of the riskiest asset classes in the investment world. Investing in stocks involves ownership in a company and exposes investors to the fluctuations and volatility of the stock market. Stock prices can be influenced by various factors such as economic conditions, company performance, industry trends, and market sentiment.
Over the long term, stocks have the potential for high returns, but they also come with higher levels of risk compared to other asset classes like bonds or cash. The stock market can experience significant fluctuations and periods of volatility, leading to potential losses for investors.
It's important to note that while equities have historically exhibited higher risk, past performance is not indicative of future results. Risk levels can vary based on factors such as the specific investment strategy, time horizon, diversification, and market conditions.
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How do the 4 factors change based upon the business for which they are needed?
Answer:
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
What is workers' compensation?payments provided to employees who are laid off for financial reasonsbenefits provided to persons injured on the jobthe employee's total pay package: wages plus benefits
Workers' compensation refers to a system of insurance that provides benefits to employees who are injured or become ill as a result of their job. It is a no-fault system, which means that employees do not have to prove that their employer was negligent in order to receive benefits.
The purpose of workers' compensation is to provide financial support to employees who are unable to work due to a work-related injury or illness, and to cover the costs of medical treatment and rehabilitation. The specific benefits and eligibility requirements vary by jurisdiction, but in general, workers' compensation provides wage replacement, medical expenses, vocational rehabilitation, and survivor benefits to eligible employees.
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What is a postage book please
A book in which expenditure on postage is recorded is called a Postage Book.
Hope it helps...Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them
The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.
International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.
in a production possibilities frontier diagram, the attainable production points are shown as:
In a production possibilities frontier diagram, attainable production points are shown as points inside and points on production possibilities frontier.
What is a production-possibility frontier?A production-possibility frontier (PPF), production possibility curve (PPC), or production possibility dividing line (PPB) is a graphical representation of all the output options for two goods that can be produced using all factors of production, with resources being used fully and efficiently per unit time. This tradeoff is often considered while examining an economy, but it also applies to every individual, family, and economic unit. The only way to manufacture one good is to make less of the others and divert resources from their production. The maximal output level of one commodity for any given production level of another, given the state of technology at the moment, is shown by the PPF curve, which graphically restricts the production set for fixed input amounts.
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a city government levies a tax on its citizens for improvements to roads. how should the city report the tax in its statement of activities?
The city report the tax in its statement of activities as a revenue.
The city government should report the tax on its citizens for improvements to roads as revenue in its statement of activities. Revenue is the money received by an organization for goods or services provided or for the use of its resources. In this case, the revenue would come from the tax levied on citizens for road improvements.
The revenue should be recorded in the statement of activities under the appropriate category, such as property taxes, and should be reported as an increase in the city's financial resources. The statement of activities is a financial report that presents information on how an organization's resources have changed over a period of time.
The revenue from the road improvement tax should be reported in the statement of activities to provide a comprehensive picture of the city's financial performance and help stakeholders understand how the city's resources are being used.
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a loan that is linked to an asset is called ________________. (select the best answer.) question 25 options: an asset loan a retention loan a linked loan a secured loan
A loan that is linked to an asset is called a secured loan.
A secured loan is a type of loan that is backed by collateral, typically an asset owned by the borrower. The collateral serves as a form of security for the lender, reducing the risk associated with lending money. In the event that the borrower fails to repay the loan, the lender has the right to seize and sell the asset to recover the outstanding debt. Common examples of assets used as collateral for secured loans include real estate, vehicles, and valuable personal belongings.
Secured loans offer several advantages for both borrowers and lenders. For borrowers, they often come with lower interest rates compared to unsecured loans because the collateral reduces the lender's risk. Additionally, secured loans may allow borrowers to access larger loan amounts or more favorable repayment terms. Lenders benefit from secured loans by having a tangible asset to rely on in case of default, providing a higher level of security and increasing the likelihood of loan repayment.
It's important for borrowers to carefully consider the terms and conditions of a secured loan, as defaulting on the loan could result in the loss of the pledged asset. Lenders typically assess the value and condition of the asset before approving the loan to ensure it provides adequate security. By linking the loan to an asset, secured loans provide a mechanism that protects both parties involved, making them a commonly used financial instrument for various purposes, such as home mortgages, auto loans, and business financing.
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What are the benefits temporary employment offer employers?
1. They usually don't have to pay for thr insurance of the worker.
2. They can generally sack the worker out when there is no work.
3. The workers don't generally get pensions.
Parramatta Bank has assets of $181 million and liabilities of $151 million. The asset duration is 6.3 years and the duration of the liabilities is 3.3 years. Market interest rates are 8 per cent. Parramatta Bank wishes to hedge the balance sheet with bank accepted bill futures contracts with a market value of $98 per $100 of face value.
b) How many contracts are necessary to fully hedge the bank? (enter a number]
A depository institution has the following assets in its portfolio: $23 million in cash reserves with the Reserve Bank, $21 million in T-notes and $56 million in mortgage loans. If the assets need to be liquidated at short notice, the depository institution will receive only 99 per cent of the fair market value of the T-notes and 85 per cent of the fair market value of the mortgage loans. Estimate the liquidity index for the portfolio. (round to four decimal places)
Therefore, the liquidity index for the given portfolio is 0.7768. Parramatta Bank wishes to hedge the balance sheet with bank accepted bill futures contracts with a market value of $98 per $100 of face value. This is a detail answer to part b) How many contracts are necessary to fully hedge the bank? (enter a number).
We can use the following formula to calculate the number of contracts that are needed to fully hedge the bank; Hedge ratio = (value of assets)/(value of each contract × futures price of each contract)Now, calculating the hedge ratio, Hedge ratio = 181/(100 × 98) = 0.18316Therefore, 0.18316 contracts are needed. But since a fraction of a contract is impossible, the bank needs to purchase one futures contract to hedge the portfolio.
A liquidity index of an asset determines its value during the short run. It is calculated by dividing the value of the asset that can be sold immediately in the market by the total value of the portfolio. The percentage value that is derived from this division is a useful measure for banks to know if they can fulfill their obligation to withdraw cash from their customers' accounts without selling their other assets. To calculate the liquidity index, we need to calculate the market value of the T-notes and the mortgage loans, which will be the amount the bank can realize if it decides to sell them immediately, then divide this value by the total market value of the portfolio. Let's do the calculation for the given portfolio; Market value of T-notes = 21 × 0.99 = 20.79 million Market value of mortgage loans = 56 × 0.85 = 47.6 million Total market value of the portfolio = 23 + 20.79 + 47.6 = 91.39 million Liquidity index = (20.79 + 47.6)/91.39 = 0.7768 Therefore, the liquidity index for the given portfolio is 0.7768, rounded to four decimal places.
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The utility regulator in your country have recently proposed a new rate structure for electricity. It new rates (Table 1) would result in significant increases for some customers. You have decided that now would be a good time to consider installing a solar system to replace your grid supply or reduce your reliance on the grid by supplementing it with solar power. You have discussed the idea with your group, and you all think it would be a good idea to assess the financial feasibility of this move to solar power. You are aware from a brief internet search that there are a few companies offering the service, but you are unaware of the specifics of their offering and the prices for the packages (site visit, solar panel, storage, installation etc. ) and the megawatts being offered for residential use
You could get paid between 6p and 9p per kWh sent back if you installed an export meter and fed your supplier the extra electricity.
What do you receive when you sell energy back to the grid?According to the study, solar panels increase a home's value by 4.1%, which means you could earn tens of thousands of pounds. The best solar panel placement for energy output and cost savings is on a roof facing true south with a tilt of between 30 and 45 degrees.
Solar panels convert sunlight into energy even in temperatures below freezing. This is due to the fact that solar cells only capture light energy from the sun, not heat. The efficiency of solar panels is truly best in cold regions. A solar panel will produce energy as long as sunlight is shining on it.
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a gomphosis is formed by the ________ ligament that holds a tooth in its socket
A gomphosis is formed by the periodontal ligament, which holds a tooth in its socket.
The periodontal ligament is a fibrous connective tissue that surrounds the root of the tooth and attaches it to the bone of the jaw. It is composed of collagen fibers that provide support and stability to the tooth, as well as blood vessels and nerves that supply the tooth with nutrients and sensation.
The gomphosis joint is a type of fibrous joint that is immovable, meaning that the tooth is firmly anchored in place and cannot move independently. The periodontal ligament is essential for maintaining the integrity of the tooth and supporting its function in the oral cavity.
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a marketing plan and operating budget are two components of
a.a long range planning
b. a business plan
c. short range planning
d. a staff planning
taxes and withholdings impact your , which is the amount of money you take home on your paycheck.
The amount of money that one takes home on their paycheck is known as the net income.
It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.
After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.
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Answer:
The amount of money that one takes home on their paycheck is known as the net income.
It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.
After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.
Explanation:
Consider the following information about Elmwood Manufacturing Company: payment of \( \$ 680,000 \) are due in March. but use minus sign to indicate the lack of available cash. Enter zero if necessary
Elmwood Manufacturing Company has payments totaling $680,000 due in March. To represent the lack of available cash, we will use a minus sign. If there is no lack of cash, we will enter zero.
Based on the information provided, Elmwood Manufacturing Company has payments of $680,000 due in March. If the company has sufficient cash to cover these payments, we would enter zero.
However, if the company does not have enough cash and there is a lack of available funds, we would indicate this by using a minus sign.
Without additional information about the cash position of Elmwood Manufacturing Company, we cannot determine the specific value to be entered.
It is crucial for the company to assess its cash flow and financial situation to ensure it has the necessary funds to meet its payment obligations.
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Suppose that you are managing a portfolio with a standard deviation of 30% and an expected return of 16%. The Treasury bill rate is 9%. A client wants to invest 19% of their investment budget in a T-bill money market fund and 81% in your fund.
1. What is the expected rate of return on your client's complete portfolio?
2. What is the standard deviation for your client's complete portfolio?
3. What is the Sharpe ratio of your client's complete portfolio?
4. What is the Sharpe ratio of the portfolio of risky assets that you manage?
1. The expected rate of return on the client's complete portfolio is 14.67%.
2.The standard deviation for the client's complete portfolio is 44.29%.
3. The Sharpe ratio of the client's complete portfolio is 0.1281.
4. The Sharpe ratio of the portfolio of risky assets that are managed is 0.2333
1. To calculate the expected rate of return on the client's complete portfolio, we can use a weighted average approach:
Expected Rate of Return on Complete Portfolio = (Weight of T-Bill Fund * T-Bill Rate) + (Weight of Managed Fund * Expected Return of Managed Fund)
Given:
Weight of T-Bill Fund = 19% = 0.19
Weight of Managed Fund = 81% = 0.81
T-Bill Rate = 9% = 0.09
Expected Return of Managed Fund = 16% = 0.16
Using the values above, the calculation would be:
Expected Rate of Return on Complete Portfolio = (0.19 * 0.09) + (0.81 * 0.16)
= 0.0171 + 0.1296
= 0.1467 or 14.67%
Therefore, the expected rate of return on the client's complete portfolio is 14.67%.
2. To calculate the standard deviation for the client's complete portfolio, we need to use the formula for portfolio variance:
Portfolio Variance = (Weight of T-Bill Fund)^2 * Variance of T-Bill Fund + (Weight of Managed Fund)^2 * Variance of Managed Fund + 2 * (Weight of T-Bill Fund) * (Weight of Managed Fund) * Covariance(T-Bill Fund, Managed Fund)
Given:
Standard Deviation of Managed Fund = 30% = 0.30
Since the Treasury bill is considered risk-free, its variance is zero.
Using the values above, the calculation would be:
Portfolio Variance = (0.19^2 * 0) + (0.81^2 * 0.30^2) + 2 * (0.19) * (0.81) * (0)
= 0 + 0.1962 + 0
= 0.1962
Standard Deviation of Complete Portfolio = Square root of Portfolio Variance
= Square root of 0.1962
= 0.4429 or 44.29%
Therefore, the standard deviation for the client's complete portfolio is 44.29%.
3. The Sharpe ratio of a portfolio is a measure of its risk-adjusted return and is calculated by dividing the excess return of the portfolio over the risk-free rate by the standard deviation of the portfolio:
Sharpe Ratio = (Expected Rate of Return on Complete Portfolio - Risk-Free Rate) / Standard Deviation of Complete Portfolio
Given:
Risk-Free Rate (T-Bill Rate) = 9% = 0.09
Using the values above, the calculation would be:
Sharpe Ratio = (0.1467 - 0.09) / 0.4429
= 0.0567 / 0.4429
= 0.1281
Therefore, the Sharpe ratio of the client's complete portfolio is approximately 0.1281.
4. To calculate the Sharpe ratio of the portfolio of risky assets that you manage, we can use the same formula as above but exclude the weight and return of the T-Bill fund:
Sharpe Ratio of Managed Fund = (Expected Return of Managed Fund - Risk-Free Rate) / Standard Deviation of Managed Fund
= (0.16 - 0.09) / 0.30
= 0.07 / 0.30
= 0.2333
Therefore, the Sharpe ratio of the portfolio of risky assets that you manage is approximately 0.2333.
Hence, When you are managing a portfolio with a standard deviation of 30% and an expected return of 16%. The Treasury bill rate is 9%. A client wants to invest 19% of their investment budget in a T-bill money market fund and 81% in your fund.
1. The expected rate of return on the client's complete portfolio is 14.67%.
2.The standard deviation for theclient's complete portfolio is 44.29%.
3. The Sharpe ratio of the client's complete portfolio is 0.1281.
4. The Sharpe ratio of the portfolio of risky assets that are managed is 0.2333
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who does the term public refer to when used in accountancy
In general, how would your best friend describe you as a risk taker?
A real gambler
Willing to take risks after completing adequate research
Cautious
A real risk avoider
Answer:
answer is B.............
In general my best friend would describe me as the one who is willing to take risks after completing adequate research. Thus, option B is correct.
What are benefits of taking risk in business?When initially considered, taking risk in business may seem somewhat perilous. Yet, how each entrepreneur perceives and approaches business matters. The initial one is malleable.
When one studies subject in depth or encounters a number of negative solutions while working in the field, perception can change. With time, the second is less likely to change. By taking risk, we can help our business expand by utilizing our perception and that of our team. We must establish the boundaries of risk-taking within various sections of the firm.
Therefore we can conclude that option B is correct.
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Select the following skill that IS NOT involved in critical
thinking:
A.Creativity
B.Analogy
C.Empathy
D.Competence
Creativity is the correct option. Critical thinking is an intellectual discipline and a skill that involves analyzing information to arrive at a conclusion. The process of critical thinking involves the identification and analysis of information to establish its meaning and validity.
Creativity is a skill involved in critical thinking. It involves creating something new or finding a new way to look at a problem. Therefore, creativity is not the correct answer. Analogy is also a skill involved in critical thinking, as it involves identifying similarities between two or more concepts or situations.
Empathy is the ability to understand the feelings of others. It involves identifying with someone else's situation, feeling, or thought process. Based on the above explanation, Creativity is the correct option.
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What type of clothes are employers allowed to wear in a work environment where they do not have to adhere to a strict dress code?
a: party attire
b: business attire
c: uniforms
d: street wear
business attire type of clothes are employers allowed to wear in a work environment where they do not have to adhere to a strict dress code So correct answer is B
In a work environment where there is no strict dress code, employers may have some flexibility in choosing their attire. However, it is important to keep in mind that even in a casual work setting, a certain level of professionalism should be maintained. Therefore, while party attire and street wear may be too casual for the office, business attire and uniforms may be more appropriate options.Business attire typically includes formal pieces such as suits, blazers, dress pants, dress shirts, and dress shoes. These pieces convey a sense of professionalism and respect for the workplace. In a less formal work environment, business casual attire may be more appropriate. This may include items such as khakis, dress shirts, blouses, skirts, and dress shoes. It is important to note that business casual attire should still be neat, clean, and professional-looking.
Uniforms are also a common option in some workplaces, especially in industries such as hospitality, healthcare, and retail. Uniforms can help create a cohesive team atmosphere and make it easy for customers to identify employees. They may include items such as a branded polo shirt, apron, or scrubs.
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If chameli had ₹600 left after pending 75% of her money ,how much did he have in the beginning?
Chameli had ₹600 left after pending 75% of her money, so she must have had ₹600/0.75 = ₹800 in the beginning.
Chameli had ₹600 left after pending 75% of her money we can find uch money Chameli had before she spent 75% of it, we need to work out what 75% of her money was.
To find out how much money Chameli had before she spent 75% of it, we need to work out what 75% of her money was. To do this, we first convert 75% into a decimal, which is 0.75.
We then divide the remaining amount by 0.75 to find out how much she had in the beginning. In this case, Chameli had ₹800 before she spent 75%.
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objective use to
achieve money
allocation to achieve
la desired outcome
Fill in the blank:
Setting (blank) objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
(blank) on the firm.
Social objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
liabilities on the firm.
The term "social aims" refers to goals that are intended to be realized for the betterment of society. Company makes use of society's limited resources. As a result, people expect something in exchange for its well-being. The fulfillment of social duties is referred to as a social objective.
So, Social objective and Liabilities area correct answers.
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homes for sale by owner always save the buyers money on a commission.
a) true
b) false
Answer:
b) false
Explanation:
This statement is false. When a home-owner decides to sell their property by themselves without the help of a realtor it is called an Open Listing. This saves the seller money by not having to pay a commission to anyone but usually since the price of the home stays the same the buyer is not saving any money. There are few cases in which not having to pay a commission allows the seller to lower the price of the house a little bit and attract more buyers but this is usually not the case.
There are two organizational problems that can cause new-product disasters. One of them is?.
Using the concept of disasters, we got avoiding the NIH problem, is one of the organizational problem which cause new-product disasters.
A disaster is the serious problem occurring over a short or long period of time that will cause widespread human, material, economic or environmental loss which actually exceeds the ability of the affected community or society to cope using its own resources. Disasters are majorly routinely divided into either of "natural disasters" caused by natural hazards or of "human-instigated disasters" caused from anthropogenic hazards.
Examples of natural hazards majorly include: avalanche, coastal flooding, cold wave, drought, earthquake, heat wave, hurricane (tropical cyclone), ice storm, landslide, lightning, strong wind, tornado, tsunami, volcanic activity, wildfire, and winter weather. Examples of anthropogenic hazards include: criminality, terrorism, war, industrial hazard, engineering hazard, power outage, hazards caused by transportation, and environmental hazard.
Hence, the organizational problem which can cause new-product disasters is avoiding the NIH problem.
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Taxes: The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4900. The IRS plans to draw a sample of 1000 tox returns to study the effect of a new tax law. Part 1 of 5 (a) What is the probability that the sample mean tax is less than $8200 ? Round the answer to at least four decimal places. The probability that the sample mean tax is less than S8200 is Part 2 of 5 (b) What is the probability that the sample mean tax is between $7500 and $8100 ? Round the answer to at least four decimal places. The probability that the sample mean tax is between $7500 and $8100 is
(c) Find the 60th percentile of the sample mean. Round the answer to at least one decimal place. The 60th percentile of the sample mean is $ Part 4 of 5 (d) Would it be unusual if the sample mean were less than $7800 ? Round the answer to at least four decimal places.
Part 1 of 5 (a): The probability that the sample mean tax is less than $8200 is approximately 0.8489. Part 2 of 5 (b): The probability that the sample mean tax is between $7500 and $8100 is approximately 0.7840.
Part 1 of 5 (a): To find the probability, we need to calculate the z-score using the formula z = (x - μ) / (σ / √n), where x is the sample mean ($8200), μ is the population mean ($8040), σ is the standard deviation ($4900), and n is the sample size (1000). By substituting the values into the formula, we find the z-score to be approximately 1.028. We then use a standard normal distribution table to determine the probability corresponding to this z-score, which is approximately 0.8489.
Part 2 of 5 (b):
To calculate the probability, we need to find the z-scores for both values. For $7500, the z-score is approximately -5.510, and for $8100, the z-score is approximately 0.818. By using the standard normal distribution table, we find the probability corresponding to the z-scores. To obtain the probability between the two values, we subtract the probability associated with the lower z-score from the probability associated with the higher z-score. In this case, the resulting probability is approximately 0.7840.
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In Ohio, what is the typical salary for a cost estimator who is in the top 10%?
Answer:
The typical salary for a cost estimator who is in the top 10% is $117,272
Explanation:
The salary of cost estimator in Ohio ranges between $54418 to $117,272.
$117,272 lies in the top 10% while the bottom 10% get $54418
On an average, the salary of cost estimator falls between $66,800 and $99,700
What are hollow corporations? A. companies that market their products through franchisees B. companies that outsource all production to suppliers C. companies that have liabilities exceeding their assets D. companies that are horizontally integrated E. companies that do not have any physical presence and only operate online
The correct option is (B); companies that outsource all production to suppliers.
What are hollow corporations?This serves as a model for a business that outsources the majority of its production work. "Virtual business" is a related American buzzword.
According to a business lexicon, it is a type of company where "essential aspects are outsourced to subcontractors."
The most significant benefits of this type of business strategy in the software and outsourcing industries are:
Transfers of funds take place without converting currencies or including VAT (as in France). This indicates that no VAT can be used. Low logistics costs and (typically) cheaper taxes are the results of this.The third party that receives payments does all the required documentation and other tasks to ensure that payments are made on time.It is possible to send provisional bills, which give job/product/service clients a tax report for simpler planning.A different firm that bears all of the parent company's running costs gets compensated by the company.To know more about the corporation, here
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Question 3 of 10
Which of the following is a career you would find in the Finance Career
Cluster?
A. Equine manager
B. Geologist
C. Tax examiner
D. Ecologist
SUBMIT
Answer:
C. Tax examiner