QUESTION 1 Conduct a research on minimum wages and argue whether South Africa has achieved its objective of equity in the labour markets. 1.1 General information: Name the department responsible for general workers in South Africa epsq re (1)
Answers
To assess whether South Africa has achieved its objective of equity in the labor markets through minimum wages.
Impact on Wage Levels: The research would examine whether the minimum wage policies have effectively raised wages for low-income workers and narrowed the wage gap between different income groups.
Employment Effects: The study would investigate the impact of minimum wages on employment levels.
Compliance and Enforcement: The research would assess the effectiveness of enforcement mechanisms and compliance with minimum wage regulations.
Poverty and Living Standards: The study would investigate the impact of minimum wages on poverty reduction and improvements in living standards.
Sectoral Analysis: The research would consider the specific dynamics and characteristics of different sectors in South Africa's labor market.
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Related Questions
Who would be called upon to fix the following problem? The network at the U.S. embassy in Brazil has suddenly crashed.
Diplomatic Security Special Agent
information Management Specialist
Foreign Service Officer
economic Officer
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An information management specialist would be the one to fix an issue with a network.
Starting with the beginning balances in M2-9 and given the transactions in M2-5 (including the sample), prepare a balance sheet for Dennen, Inc., as of January 31, classified into current and noncurrent assets and liabilities.
Answers
To prepare the balance sheet for Dennen, Inc. as of January 31, we need to classify the assets and liabilities into current and noncurrent categories.
First, we'll start with the beginning balances in M2-9. These balances will be used as the starting point for the balance sheet.
Next, we'll consider the transactions in M2-5, including the sample. These transactions will affect the balances of the various accounts.
To prepare the balance sheet, we'll follow these steps:
1. Calculate the current assets by adding up the balances of accounts that are expected to be converted into cash or used up within one year. Examples of current assets include cash, accounts receivable, and inventory.
2. Calculate the noncurrent assets by adding up the balances of accounts that are expected to last longer than one year. Examples of noncurrent assets include property, plant, and equipment.
3. Calculate the total assets by adding the current assets and noncurrent assets.
4. Calculate the current liabilities by adding up the balances of accounts that are due within one year.
Examples of current liabilities include accounts payable and short-term loans.
5. Calculate the noncurrent liabilities by adding up the balances of accounts that are due after one year. Examples of noncurrent liabilities include long-term debt and deferred taxes.
6. Calculate the total liabilities by adding the current liabilities and noncurrent liabilities.
7. Finally, calculate the shareholders' equity by subtracting the total liabilities from the total assets.
The balance sheet should be organized with the assets listed on the left side and the liabilities and shareholders' equity listed on the right side. The assets should be classified into current and noncurrent categories, and the liabilities should be classified into current and noncurrent categories as well.
Remember, the balance sheet provides a snapshot of a company's financial position at a specific point in time, in this case, as of January 31.
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Dennen, Inc.
Balance Sheet
As of January 31
Current Assets:
Cash and Cash Equivalents: $120,000
Accounts Receivable: $85,000
Inventory: $240,000
Total Current Assets: $445,000
Noncurrent Assets:
Property, Plant, and Equipment: $480,000
Intangible Assets: $65,000
Total Noncurrent Assets: $545,000
Total Assets: $990,000
Current Liabilities:
Accounts Payable: $120,000
Short-term Debt: $40,000
Total Current Liabilities: $160,000
Noncurrent Liabilities:
Long-term Debt: $400,000
Total Noncurrent Liabilities: $400,000
Total Liabilities: $560,000
Shareholders' Equity:
Common Stock: $200,000
Retained Earnings: $230,000
Total Shareholders' Equity: $430,000
Total Liabilities and Shareholders' Equity: $990,000
To prepare the balance sheet for Dennen, Inc., as of January 31, we need to classify the accounts into current and noncurrent assets and liabilities. We start with the beginning balances in M2-9 and consider the transactions in M2-5.
Based on the provided information, the current assets include cash and cash equivalents, accounts receivable, and inventory. These are assets that are expected to be converted into cash or used up within the next year. The noncurrent assets include property, plant, and equipment, and intangible assets. These are assets that are not expected to be converted into cash within the next year.
For liabilities, the current liabilities include accounts payable and short-term debt. These are obligations that are due within the next year. The noncurrent liability is long-term debt, which is an obligation that is not due within the next year.
Finally, the shareholders' equity section includes common stock and retained earnings, representing the ownership interest in the company.
By classifying the accounts into current and noncurrent categories, we provide a snapshot of Dennen, Inc.'s financial position as of January 31, showing the composition of its assets and liabilities in terms of their expected timing of conversion into cash or settlement.
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The complete question is:
M2-6 LO2-4 in Increase and Decrease Effects on Balance Sheet Elements Following table by entering either the word in decrease in each column Debit Credit ssets abilities ckholders' equity Sebit and Credit Effects on Balance Sheet Elements allowing table by entering either the word dehit or credit in each column Increase Decrease M2-7 LO2-4 Assets Liabilities Stockholders' equity Recording Simple Transactions For each transaction in M2-5 (including the sample) write the journal entry in the proper form. M2-8 1024 Completing T-Accounts M2-9 For cach transaction in M2-5 (including the sample), the effects to the appropriate T-accounts and ols and LO2-4 determine ending account balances. Beginning balances are provided. Cash Notes Receivable Equipment Beg. bal. 900 Beg. bal. 1000 Beg. bal. 15,100 Notes Payable Beg. bal. 3,000 Common Stock Beg. bal. Additional Paid-in Capital Beg. bal. 1.000 3,000 Retained Earnings Beg, bal. 10,000 M2-10 LO2-5 Preparing a Trial Balance Complete M2-9, and then prepare a trial balance for Dennen, Inc., as of January 31 M2-11 LO2-5 Preparing a Simple Classified Balance Sheet Starting with the beginning balances in M2-9 and given the transactions in M2-5 (including the sample) prepare a balance sheet for Dennen, Inc., as of January 31, classified into current and noncurrent assets and liabilities. M2-12 L02-5 Computing and Interpreting the Current Ratio Calculate the current ratio for Sal's Taco Company at the end of 2013 and 2014, based on the following data: Current Assets Current Liabilities $155,000 $250,000 End of 2013 $280,000 $270,000
What are the 3 approaches to working capital management?
Answers
The three approaches to working capital management are the conservative approach, the aggressive approach, and the matching approach.
A conservative approach involves maintaining a high level of liquidity that allows the business to take advantage of any sudden changes in the market. An aggressive approach involves taking more risk to increase investment returns, such as investing in high-risk, high-return assets. The matching approach involves managing working capital to match the cash flow of the business so that the company can meet its obligations on time. All of these approaches can help a business manage its working capital and ensure it has the resources it needs to meet its financial goals.
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Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answers
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answers
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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What are some personality characteristics that may be important for someone to have when choosing a career in Health Services? Why?
(THIS IS CARRER EXPLORATION!!!)
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Empathy: the understanding of patients' emotions, concerns and situations, communicating that understanding to the patient and acting on that understanding.
Responsibility and motivation: a health worker will be motivated and express job satisfaction if they feel that they are effective at their jobs and performing well.
An announcement that smoking will harm the ability to think clearly will most likely result in:___.
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An announcement that smoking will harm the ability to think clearly will most likely result in a decrease in smoking rates and a heightened awareness of the negative effects of smoking on cognitive function.
When an announcement is made highlighting the detrimental effects of smoking on the ability to think clearly, it is expected to have a significant impact on smoking behavior. The announcement serves as a form of public health education, informing individuals about the negative consequences of smoking on cognitive function.
As a result of this announcement, there are several potential outcomes. Firstly, the announcement may lead to a decrease in smoking rates as individuals become more aware of the harmful effects on their cognitive abilities. This can be attributed to the increased motivation to quit or reduce smoking habits in order to preserve cognitive function.
Secondly, the announcement can contribute to a heightened awareness and understanding of the negative effects of smoking on cognitive function among the general population. This increased awareness can lead to changes in social norms and attitudes towards smoking, further discouraging individuals from starting or continuing the habit.
Overall, the announcement about the detrimental effects of smoking on cognitive function is likely to have a negative impact on smoking rates and promote a greater understanding of the risks associated with smoking.
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Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.
B. Businesses can charge extra for products that people use every day.
C. When there is a high demand for a product, it is hard to supply.
D. When a desirable product or service is scarce, its value increases,
Answers
Answer:
d is you answer
Explanation:
Answer:
D. When a desirable product or service is scarce, its value increases.
Explanation:
Because more people want a product that there is less of, meaning they will raise the price.
What responsibilities does a parent have in an American school system?
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One of the LEAST effective supplier strategies for lean systems is:____________
A. smaller, more frequent stock shipments.
B. a short-term, competitive relationship between the company and the supplier.
C. use of local suppliers.
D. to include suppliers during the product design phase.
Answers
Option B is correct. One of the least effective supplier strategies for lean systems is short-term competition between the company and the supplier.
What is a lean supply system?Lean supply chain management consistently eliminates non-value-added time and consistently shortens lead times at all stages of the supply chain, from raw material production by suppliers to delivery of finished goods to end users.
What is ultimate goal of lean systems?The goal of all lean systems is to maximize customer profits. Lean thinking can greatly improve the productivity and functioning of teams and departments, but implementing Lean across an organization has the greatest impact on customers.
What does lean system do with suppliers?Lean systems typically require suppliers to be able to deliver large lots on a regular basis. Lean systems require suppliers who often deliver small batches. Lean buying requires frequent contract offers from multiple sources to ensure competitive pricing for buyers.
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Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?
Answers
Answer:
$441.5
Explanation:
Hours already worked = 36 hours
Rate = $10 / day
Number of hours worked on last shift :
8:05 - 11:53 = 3 hours 48 minutes
12:35 - 4:56 = about 4 hours 21 minutes
Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes
Hence, total hours worked that week :
36 hours + 8hours 9 minutes
44 hours 9 minutes
Rate = $10 / hour
(44*$10) + (9/60 * $10)
$440 + $1.5
Gross pay = $441.5
It is the journey and not the destination that counts? is this a growth or fixed mindset?
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In which item category would the sourcing strategies of ensuring availability of supply, focusing on relationship building, encouraging process integration and innovation, frequent communications, and establishing mutually agreeable supplier performance criteria, be appropriate
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mention one Islamic song and recitation
Answers
Answer:
islamic song: SURAH AL IMRAN HOLY QURAN, BEAUTIFUL HOLY QURAN
I hope it helps you
1. Consider local distributor that delivers different brands of bottled water to houses in a district. The households that have a membership release their orders through a mobile application which helps the distribution center to track the address of the customers through GPS. The distribution center employs couriers with motorbikes to deliver the bottles. Some of these motor bikes can carry two bottles simultaneously, while the others can carry three or four. The acceleration to maximum speed also differs from bike to bike. Once the delivery is made to house door, the courier collects the empty bottle that is left from the previous order of the customer. The bikes obviously can accelerate faster on the return road. The cycle is complete once the empty bottles are returned to the distribution center. The management does not respond to the orders with a "first-come-first-served" routine. Instead, an algorithm uses the time of the open orders (an order that is received but not yet responded), the geographical location of the houses, available motorbikes and optimizes a delivery route that minimizes the average respond time to customers and the fuel consumption with a multi-objective optimization model. Recently, the management has realized that there has been a high-rate of customer churn, especially in closer regions to the distribution center. They realize that, the customers who know that they reside at a house that is close to the distribution center are expecting a faster response and even though their response times are better than the average, they do not feel content. A brilliant idea comes from one part-time courier to solve this problem. Unsurprisingly, most of the effective improvement ideas in operations come from the field agents, not the upper management with fancy suits (so, respect the employees!). The courier suggests a distribution policy which prioritizes smaller motorbikes with low capacity to closer distances. However, before adapting this distribution policy, the management wants to make sure that the policy will work under extreme circumstances and discover if there are any flaws which can be trimmed with small modifications. The management would like to use the simulation methodology to test the new distribution policy and measure the performance of this new system, and benchmark it with the performance of the old system. (a) (6p) Write down three possible types of entities which should be introduced in the simulation model of this system. (b) (6p) For each of the entities you have named, define two relevant attributes. There should be six attributes in total. (c) (4p) Name two different activities in this system. (d) (6p) Name three different state variables which should be tracked in the simulation model of this system. (e) (6p) For each of the state variables that you have named, define an event that may possibly change that state variable. There should be three events in total.
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(a) Three potential kinds of substances that ought to be presented in the reproduction model of this framework are Addressing the families that spot orders through the portable application, Addressing the conveyance staff who ride the motorbikes to convey the filtered water, and Addressing the vehicles utilized for conveyance, with fluctuating conveying limits and speed increase capacities.
(b) Applicable qualities for every substance
clientsdispatchesmotorbikes(C) Two unique exercises in this framework:
Request Handling: Includes getting orders from clients through the versatile application, following the area of the clients, and doling out the orders to accessible dispatches.Conveyance: Includes the dispatch riding the motorbike to the client's area, conveying the jugs, and gathering void containers from the past request.(d) Three different state factors that ought to be followed in the reproduction model of this framework:
Request Status: Addresses the ongoing status of a request (e.g., forthcoming, allocated, conveyed).Motorbike Accessibility: Addresses whether a motorbike is accessible or at present being used for conveyance.Consumer loyalty: Addresses the degree of fulfillment of clients with the reaction time and conveyance administration.(e) Occasions that may perhaps alter the state factors:
Request Doled out: This occasion happens when a request is relegated to a dispatch, changing the request status from forthcoming to appointed.Motorbike Dispatched: This occasion happens when a motorbike is dispatched for conveyance, changing its accessibility status from accessible to being used.Learn more about application, from:
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Which is not an expense account?
Repairs
Advertising
Rent
Interest
Accrued
Answers
The answer option which is not an example of an expense account is: E. Accrued.
What is an expense account?An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.
In Business management, some examples of an expense account include the following:
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What must the reader do to analyze the casual relationship in a passage?
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When analyzing causal relationships, you must reveal to readers how different parts and sequences interact with each other over time.
You must explain to readers how various elements and sequences communicate with one another across time when examining causal links. You need to pinpoint the precise causes behind its effects or causes rather than just listing the sequence of events in sequential sequence, as we do when explaining a process. The structure of your business should follow the logic of your analysis. Due to the fact that a specific cause can have numerous distinct effects, this is frequently challenging. Similar to how a cause can have several effects.
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"Tourism sector has become a good source of earning foreign currency in Nepal"Justify this statement with examples
Answers
Explanation:
Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes and rich cultural and religious diversity.
Tourism seems to be a developing growing company throughout Nepal, including some of the largest foreign currencies average earnings as well as jobs industries.
The purpose of the article would be to examine foreign currency exchange revenues from Nepal via the tourist industry by analyzing the appearance of international travelers as well as the length of their stay throughout Nepal.The above research suggests that perhaps the population aging of visitors and indeed the influx of new tourists would result in an improvement throughout forex revenue, which increases in terms of passenger facilities.
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Your client's investment portfolio is 50% growth stocks, 10% foreign stocks, and 40% blue-chip stocks. If the client is interested in further diversification, which mutual fund would best meet that goal
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Incentives influence peoples economic decisions by:____.
Answers
People's economic decisions and actions are influenced by incentives. Consumers, businesses, employees, savers, investors, and other market participants receive signals from incentives on how to use their limited resources.
What effects does an incentive have on various people?Different people can be affected by an incentive in various ways. Because people often act in their own best interests, responses to incentives are predictable. People's behaviors alter predictably in response to changes in incentives.
What does the term "incentives" mean in economics?The economic theory of incentives is a useful framework for deriving explanations of human behavior. Rewards or punishments for behavior are considered incentives. Positive or negative incentives are also possible.
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the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
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The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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Suppose there is an increase in the price of steel. We would expect the supply curve for steel beams to Group of answer choices shift rightward. shift leftward. become flatter. remain unchanged.
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The correct option is B, Suppose there is an increase in the price of steel. We would expect the supply curve for steel beams to shift leftward.
A supply curve is a graphical representation of the relationship between the quantity of a product or service that suppliers are willing to offer and the price at which they are willing to sell it. In general, the supply curve has an upward slope, indicating that suppliers are willing to offer more of a product at higher prices. This is because as prices rise, the profit margins for suppliers increase, making it more attractive to produce and sell the product.
The supply curve is affected by several factors, including the cost of production, the availability of resources, and the level of competition in the market. Changes in these factors can shift the supply curve, leading to changes in the quantity supplied at each price level. For example, if the cost of production increases, the supply curve will shift to the left, indicating that suppliers are willing to offer less of the product at each price level.
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Which investment is better stocks, bonds, or mutual funds and why?
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\(\text{Hello There!}\)
\(\bold{Stocks}\) \(\text{is the act of putting money in a business and expecting to make a profit.}\)
\(\bold{Bonds}\) \(\text{are more of a safe to invest in, however, you cannot sell them for 12 months.}\)
\(\bold{Mutual\;Funds}\) \(\text{ is the act of investing in securities with other investors}\)
Mutual Funds can be a good option if you're okay with the lack of investment decisions; however, people often lose money due to the risk of securities going down in value.
\({\underline{\underline{{Stocks}}}\) are going to be your best option for short-term investments.
\({\underline{\underline{{Bonds}}}\) are going to be your best option for long-term investments.
\({\underline{\underline{{Mutual\;Funds}}}\) are going to be your best option for investing in bigger stocks.
\(\boxed{There\;isn't\;a\;"best"\;option;\;it\;depends\;on\;what\;you\;prefer.}\)
\(\rule{300}{1.0}\)
Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company’s monthly fixed expense is $31,750.
Required:
1. Calculate the unit sales needed to attain a target profit of $8,450. (Do not round intermediate calculations.)
2. Calculate the dollar sales needed to attain a target profit of $9,700. (Do not round intermediate calculations. Round your intermediate calculations to the nearest whole dollar.)
Answers
1. Lin Corporation needs to sell at least 127 units to attain a target profit of $8,450.
2. Lin Corporation needs to generate sales of at least $19,400 to attain a target profit of $9,700.
1. The unit sales needed to attain a target profit of $8,450, we need to consider the contribution margin per unit. The contribution margin is calculated by subtracting the variable expense per unit from the selling price per unit. In this case, the contribution margin is $134 - $67 = $67 per unit.
To attain a target profit of $8,450, we can divide the target profit by the contribution margin per unit: $8,450 / $67 = 126.27 units. Since we cannot sell a fraction of a unit, we need to round up to the nearest whole unit. Therefore, the company would need to sell at least 127 units to achieve the target profit of $8,450.
2. The dollar sales needed to attain a target profit of $9,700, we can use the contribution margin ratio. The contribution margin ratio is the contribution margin per unit divided by the selling price per unit. In this case, the contribution margin ratio is $67 / $134 = 0.5.
The dollar sales, we can divide the target profit by the contribution margin ratio: $9,700 / 0.5 = $19,400. Therefore, the company would need to generate at least $19,400 in sales to achieve the target profit of $9,700.
In summary, to attain a target profit of $8,450, Lin Corporation needs to sell at least 127 units. To attain a target profit of $9,700, the company needs to generate sales of at least $19,400. These calculations are based on the contribution margin per unit and the contribution margin ratio, which consider the selling price, variable expenses, and fixed expenses to determine the required sales volume or dollar amount to reach the desired profit.
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Your credit card has an annual percentage rate of 17.89% and compounds interest daily. What is the effective annual rate
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The effective annual rate for annual percentage rate of 17.89% and compounds interest daily is 19.58%, option D.
Banks and other financial organisations generally use the nominal interest rate—which ignores fees and compounding—when announcing their money market rates. Although compounding is taken into account, the effective yearly interest rate is larger than the nominal rate. The final effective interest rate will be greater the more periods of compounding that are included.
The better it is for investors and savers when the effective annual interest rate is higher, but the worse it is for borrowers. Consumers should compare effective yearly interest rates, not the headline-grabbing nominal interest rates, when evaluating interest rates on deposits and loans.
The effective yearly interest rate's goal is to level the playing field between interest rates regardless of how long it takes for them to compound. To determine which nominal rate will be most advantageous to them, investors, savers, or borrowers can choose between rates with weekly or monthly compounding periods.
The EAR is computed as shown below:
= (1 + interest rate / number of times compounding is done in a year)number of times compounding is done in a year - 1
= (1 + 0.1789 / 365)365 - 1
= 1.000490137365 - 1
= 1.195848735 - 1
= 19.58% .
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Complete question:
Your credit card has an annual percentage rate of 17.89% and compounds interest daily. What is the effective annual rate? Multiple Choice 20.80% 19.82% O 19.47% 19.58% 19.94%
Which of the following strategies is recommended for blogging effectively? Check all that apply. Avoid numbers in the blog title, which can deter readers Aim for long paragraphs to suggest detailed and valuable content Use conversational language to sound authentic Include a call to action at the end of the post Respond regularly and thoughtfully to other bloggers’ posts
Answers
Writing, photography, and other forms of self-published web media are referred to as blogging.
How do you create content?
The act of coming up with topic ideas that are appealing to your buyer persona, developing written or visual material around those ideas, and then making that information available to your audience via a blog, video, infographic, or other content formats is known as content production.
A blogging strategy is what, exactly?
An informal business plan is not the same as a blog approach. It also doesn't tend to concentrate on the minute particulars (like how you'll close each blog article). Your blog strategy is instead a broad road map for how you're going to accomplish your blogging objectives.
How well does blogging work for marketing?
An effective digital marketing plan must include effective blogging. It increases website traffic, creates new leads for your business, aids in nurturing those leads, and gives you a better understanding of your clientele.
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If two institutions have budgets that differ by 17 million dollars in 2004, by how much would you predict their budgets to differ in 2006? round the answer to three decimal places.
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Their respective budgets would differ by a million dollars in 2006. 3 Calculate the budget for a company whose budget in 2004 was 210 million dollars.
First-Order Model First signifies that higher-order terms will be included later and that the predictor variables are only presented in their first power. The First-Order Model in Numbers. e N(0,) when y = 0 + 1x1 + 2x2 +... + kxk + Well, you'll need to build a scatter plot first because it implies the correlation coefficient. The relevance of the link between the two rows of data must also be tested, which is the second thing you must perform. The following formula may also be used to get the coefficient of determination: R2 is equal to the model sum of squares (MSS/TSS) or (TSS RSS)/TSS (also known as ESS, or explained sum of squares).
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why is 4pex learning so hard
Answers
because the person who made it likes to make people mad/sad
A record company went out of business because too many of its customers downloaded its music illegally from the internet rather than purchasing the digital copy from the record company. This instance serves as an example of:
A. market power.
B. inefficient trade.
C. the invisible hand at work.
D. inadequate enforcement of property rights.
Answers
The instance described, where a record company went out of business due to customers downloading its music illegally from the internet, serves as an example of **D. inadequate enforcement of property rights.**
In this scenario, the record company's inability to protect its intellectual property rights, specifically the rights to its music, led to significant losses in revenue. The customers choosing to download the music illegally instead of purchasing it demonstrates a lack of respect for the company's property rights. The insufficient enforcement of laws and regulations surrounding intellectual property rights, such as copyright infringement, allowed this behavior to persist and ultimately contributed to the downfall of the record company. Adequate enforcement of property rights is crucial for protecting the interests of businesses and incentivizing innovation and creativity.
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What does it mean to negotiate? Why do you think it is so uncommon for people in our culture to negotiate? Do you think you would be a good negotiator? Why or why not?