The bottom line is that family trust has a much greater effect on the likelihood that a family will purchase a station wagon than does income.
What is Trust?Anyone who creates a trust (the settlor) grants the trustees authority over the resources they are allocated. These administrators may be either natural or legal persons. The asset is now in the trustee's legal possession, and the beneficiary of the trust is the rightful owner. The trustee must abide by the conditions set forth by the settlor. To watch after the "trustee," a "protector" may also be designated. A trust has no independent legal existence.
Before trust laws were founded in England, a sort of trust already existed in the Islamic world during the ninth century. The waqf type in Islam has a settlor, trustees, beneficiaries, and a qadi (judge) to settle disagreements.
To learn more about Trust from the given link:
https://brainly.com/question/24794409
#SPJ4
At the profit-maximizing quantity, a monopoly's marginal cost is $40 and it charges a price of $60. what is the price elasticity of demand at the profit-maximizing quantity?
The answer is -3.
To maximize its profit, a monopoly should choose a price where demand is elastic. A monopolist maximizes profit at the point where MR = MC. The marginal revenue for a monopolist is given by:
marginal revenue = change in total revenue/change in output.
When the demand is elastic, (e > 1), marginal revenue is positive and when the demand is inelastic (e < 1), marginal revenue is negative. When demand is unitary elastic (e = 1), marginal revenue is zero. Therefore, a monopolist should produce and maximize profits at the point where demand is elastic.
To know more about marginal revenue here
brainly.com/question/13873790
#SPJ4
How can a financial service provider—like a bank or credit union—help you manage and protect your money?.
Your money is kept safe in a bank account, which makes it simple for you to spend and save. But if you only see your checking and savings accounts as somewhere to store your hard-earned money, you're not taking use of all the current banking tools at your disposal. Your bank really provides a variety of features that can improve your money management and allow you to keep more of it in those accounts. Here are six features of modern banking that can help you get a better handle on your money.
1. Low Balance Alerts
2. Online and Automatic Bill Pay
3. Sub-Accounts for Savings
4. Automatic Savings Deposits
5. Online and Mobile Budgeting Tools
6. Mobile Check Deposit
To know more about Banking :
https://brainly.com/question/15062008
#SPJ4
Marci has been offered two jobs. One is for an entry-level public relations
specialist in a big city, the other is for an entry-level public relations specialist
in a smaller town. Based on just this information, what factor might help
Marci decide which job offer to accept?
Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.
Explanation: yes
There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.
What do you meant by public relations?Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.
Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.
Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.
Learn more about public relations, from :
brainly.com/question/27993099
#SPJ2
Kasey Corp. has a bond outstanding with a coupon rate of 5.86 percent and semiannual payments. The bond has a yield to maturity of 4.3 percent, a par value of $2,000, and matures in 24 years. What is the quoted price of the bond
Answer:
Market price = $2,464.21
Explanation:
coupon rate = 5.86% / 2 = 2.93%
YTM = 4.3% / 2 = 2.15%
face value = $2,000
periods to maturity = 24 x 2 = 48
Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42
Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79
Market price = $2,464.21
Answer:123.21
Explanation:
When ___ exist, the outcome observed may not be the efficient outcome
When externalities exist, the outcome observed may not be the efficient outcome.Externalities refer to the costs or benefits incurred by a third party, which are not reflected in the market price of a good or service.
Externalities can be either positive or negative. In either case, they create a divergence between private and social costs or benefits, causing a market failure.Externalities can arise in different forms, such as pollution, noise, congestion, or research and development. In each case, the party creating the externality does not bear the full cost or benefit of their action, leading to an inefficient allocation of resources.For instance, consider the case of pollution from a factory. The factory owner may not take into account the costs of air or water pollution on the nearby residents' health or property values. As a result, the factory may produce more than the socially optimal level of pollution, causing harm to the community and creating an inefficiency in the market. On the other hand, if a person invests in education or research and development, the social benefits of their action may exceed the private benefits. This can lead to underinvestment in such activities and a suboptimal outcome.Externalities are one of the main reasons why the government intervenes in the market, by imposing taxes or subsidies, regulating the production or consumption of certain goods, or providing public goods and services. Such interventions aim to internalize the external costs or benefits and align private incentives with social welfare.
for more questions on externalities
https://brainly.com/question/22526460
#SPJ11
Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called.
a regressive tax
a regressive tax
an import tax
an import tax
a sin tax
a sin tax
a progressive tax
Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called sin tax.
What is tax?Tax is when the government levies a certain percentage on certain goods and services. Taxes increase the price of goods and services.
Sin tax is a tax levied on goods that are deemed unsafe. Its purpose is to discourage the consumption or use of these unsafe products.
To learn more about taxes, please check: https://brainly.com/question/25311567
What is the best way to be compensated for your work? And why
O Annual Salary
O Hourly Wages
Sales Commission
O There is no one BEST way to be compensated.
Name and describe four trade barriers.
Answer:
subsidies, standardization, tariffs, quotas, and licenses.
Explanation:
The main types of trade barriers used by countries seeking a protectionist policy or as a form of retaliatory trade barriers are subsidies, standardization, tariffs, quotas, and licenses.
Sorting a list by region before printing might help a company save money with
postal costs
production costs
labeling costs
printing costs
it helps a company save money with POSTAL COSTS
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has jesse made use of?.
Jesse is using product line extension (B) strategy by launching a cheaper variant of her high-performing dishwasing liquid.
Let's discuss every options we have.
Loss leadership strategy is a sacrificing strategy where a product is sold at not profitable price and aims only to attract new customers or to sell additional products. Loss leadership is usually used when a product first enter the market. Loss leadership aims to building a customer base and securing future recurring revenue. This strategy is commonly used by large companies who can afford to price a product with no margin.
Product line extension is a strategy to increase a company's reach and target audience with less preparation and development. Product line extension allows a company to uses an establised brand to introduce a new item into the same product line.
Product line extension may happen in both horizontal and vertical extension. Horizontal product line extension happens when a company keeps the price and quality of the new item consistent with the already exist product. A company only change specific factors to differentiate the new items with the older one. Vertical product line extension happens when a company decides to increase or decrease the price of quality of the new product to give image of more luxurious or more accessible to its potential market.
Product differentiation is a strategy that allows a company's product to be distinguished from other competitor's products. Product differentiation involves identifying and communicating the unique qualities of a product and highlight the distict differences between the product with its competitors.
Brand extension is a strategy when a company uses one if its well established brand names on a new product category. Brand extension exploits the company's already established brand equity to help the launching of its newest product.
Learn more about Product Line Extension here: https://brainly.com/question/14969497
#SPJ4
Complete Question:
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jeese made use of?
a. Loss leadership
b. Product line extension
c. Product differentiation
d. Brand extention
The economic term used to describe the federal reserve's actions to determine the size of the supply of money in the nation and the level of interest rates is
Monetary policy generally can be described as the federal reserve's actions to determine the size of the supply of money in the nation. Monetary police activities is taken by central bank, such as the Federal Reserve.
Monetary policy generally can be described as the macroeconomic policy laid down by the central bank. Monetary policy involves interest rate and management of money supply and also is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like growth, inflation, consumption, and liquidity.
Here you can learn more about monetary policy in the link https://brainly.com/question/30040431
#SPJ4
8. Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 12% and 16%, respectively. The beta of A is 0.7, while that of Bis 1.4. The T-bill rate is currently 5%, whereas the expected rate of return of the S&P 500 index is 13%. The standard deviation of portfolio A is 12% annually, that of B is 31%, and that of the S&P 500 index is 18%. (LO 18-2)
a. If you currently hold a market-index portfolio, would you choose to add either of these portfolios to your holdings? Explain.
b. If instead you could invest only in T-bills and one of these portfolios, which would you choose?
a. If you currently hold a market index portfolio, you should choose to add portfolio B to your holdings rather than portfolio A because the expected rate of return on portfolio B is 16%, which is higher than the expected rate of return on portfolio A, which is 12%.
Since beta measures a portfolio's systematic risk or volatility compared to the market portfolio, a higher beta indicates higher systematic risk or volatility. Since Portfolio B has a higher beta (1.4) than Portfolio A (0.7), this is consistent with Portfolio B being more volatile than Portfolio A.
However, portfolio B's higher expected return of 16% may be adequate to compensate for this additional risk. As a result, portfolio B provides a higher rate of return with a higher degree of risk.
b. If you can only invest in T-bills and one of these portfolios, you should choose portfolio A because it has a lower standard deviation of 12% compared to portfolio B's 31%, which makes it less volatile and more stable.
The expected rate of return on portfolio A is 12%, which is greater than the T-bill rate of 5%. As a result, portfolio A has a higher expected return, but it also has lower risk and volatility, making it a safer and more stable choice than Portfolio B.
For more questions on: market index
https://brainly.com/question/28849521
#SPJ8
Project deliverables and plans are well-established and documented early on:________
Project deliverables and plans are well-established and documented early on to ensure clarity and alignment among project stakeholders.
This includes defining the specific content and scope of the project, as well as outlining the expected outcomes and goals. By documenting these deliverables and plans, it becomes easier to track progress, manage resources, and assess the success of the project. It is simpler to track progress, manage resources, and evaluate the project's success if these deliverables and plans are documented. Furthermore, having clearly defined objectives and strategies enables you to set reasonable expectations and make sure that everyone in the project team is on the same page.
Additionally, having well-defined deliverables and plans helps to set realistic expectations and ensure that all project team members are on the same page.
To know more about , stakeholders visit:
https://brainly.com/question/15532995
#SPJ11
Name a form of ownership that is represented by the South African broadcasting corporation (sABC) and outline four characteristics of this form of ownership
Answer:
State-Owned Enterprise (SOE)
Explanation:
South African broadcasting corporation (SABC) is a form of a state-owned enterprise. Characteristics of a state-owned enterprise include,
1. Financing
The government funds State-owned enterprises. It means that state corporations such as SABC are founded and run using public funds. A corporation is state-owned when fully financed by the government or where the state is the majority shareholder.
2. Managed by The Government
Government appointees manage State-owned enterprises. In some cases, state corporations are controlled and report directly to a government department.
3. Service objectives
A majority of state opened enterprises are formed to offer a specific service to the public. Although they have profit objectives, they differ from private enterprises in that the later are formed primarily for-profit motives.
4. Monopoly tendencies
Many state-owned corporations tend to operate as monopolies. They dominate the industry while denying or restricting private sector participation.
The form of ownership that is represented by the South African broadcasting corporation (sABC) is a public enterprise or state owned enterprise.
The characteristics of this firm of ownership include:
State ownership: The enterprises are managed by the government.Such companies are financed through the government.The main objective of such companies isn't profit making but to provide services for the people.Such companies are usually monopoly enterprises.Read related link on:
https://brainly.com/question/21217393
What are the arguments for and against human gene patenting by companies and individuals?
"'As long as you paraphrase (versus quote) the information you find during your research, you do not have to give credit to the original source." the answer is false.Even if we are paraphrasing information, we still need to give credit to the original source.
Paraphrasing means putting the information into your own words, but the ideas are still from the original source. Therefore, you need to cite the source to avoid plagiarism. Giving credit to the original source is important because it acknowledges the author's work and research, and it also helps to avoid any legal issues related to copyright infringement. When citing sources, it's important to provide enough detail so that others can find the original source if needed.
Paraphrasing is the act of putting someone else's ideas into your own words, and it is essential to acknowledge the original source to avoid plagiarism. To properly give credit, you can use in-text citations and include the source in your reference list or bibliography.
To know more about Paraphrasing visit:
https://brainly.com/question/29890160
#SPJ11
1. Visit a website for a company that sells products or services online. Then go to that company's
corporate website. Compare the product/service sales site with the corporate site. Describe at least three
differences between them.
Answer:
The company being examined here is Amazon.
Their corporate website is: aboutamazon.com/
while their product sales site is amazon.com
Explanation:
The various differences are:
1. the corporate is much easier on the eyes than the product sales website
2. the corporate website contains more information on the company and its corporate activities whilst the sales website is focused on the various categories of products available for sale by the company.
3. the sales website has e-commerce functionalities, the corporate does
Cheers
while the u.s. has tax treaties with more than 50 countries, it does not have a treaty with brazil, which is a major recipient of u.s. foreign direct investment. what is the reason for a lack of a u.s. brazil treaty regarding withholding taxes?
The lack of a tax treaty between the United States and brazil regarding withholding taxes can be attributed to various factors, such as differing priorities, negotiations, and historical circumstances.
The absence of a tax treaty between the United States and Brazil regarding withholding taxes may be due to several reasons. First, countries prioritize their tax treaty negotiations based on their respective interests and the volume of economic activities between them. While Brazil is a major recipient of U.S. foreign direct investment, the two countries may not have prioritized the negotiation of a tax treaty due to other competing interests or a lack of sufficient mutual benefits. Furthermore, negotiations for tax treaties can be complex and time-consuming. Both countries need to align their positions on various tax-related matters, including withholding taxes, to reach a mutually acceptable agreement. Differences in tax systems, economic policies, and legal frameworks can contribute to the challenges faced during negotiations, further delaying the establishment of a tax treaty.
To learn more about United States, Click here:
https://brainly.com/question/14291682
#SPJ11
Texas Wildcatters Inc. (TWI) is in the business of finding and developing oil properties, then selling the successful ones to major oil companies. It is now considering a new potential field, and its geologists have developed the following data, shown in thousands of dollars. te 0 A $300 feasibility study would be conducted att -0. The results of this study would determine if the company should commence drilling operations or make no further investment and abandon the project. There is an 80% probability that the feasibility study would indicate that an exploratory well should be drilled. There is a 20% probability that no further work would be done. o tai If the feasibility study indicates good potential, the firm would be required to make an after-tax investment of $900 attito drill an exploratory well. The best estimate is that there is a 60% probability that the exploratory well would indicate good potential and thus that further work would be done, and a 40% probability that the outlook would be poor and the project would be abandoned. te 2 If the exploratory well tests positive, the firm would go ahead and make an after-tax investment of $5,700 to obtain an accurate estimate of the amount of oil in the field at t - 2. • 1-3 If the full drilling program is carried out, there is a 50% probability of finding a lot of oil and receiving a $16,800 after-tax cash inflowatt-3, and a 50% probability of finding less oil and then receiving only a $5.700 after-tax cash inflow. Since the project is quite risky, a 12.00% cost of capital is used. Calculate the project's coefficient of variation. a a. 4.41 b. 0.61 C 1.64 e d. 0.23 e. 4.52
The coefficient of variation (CV) of the Texas Wildcatters Inc. (TWI) project is approximately 0.91
The probabilities and values are given in the question, so we can substitute them in the formula to calculate the cash flows at each stage. After calculating the cash flows, we can find the mean and standard deviation of the cash flows and then use them to calculate the CV of the project.
Using the given information, the cash flows at each stage are as follows:
Cash flow at t0 = -$300 - $0 = -$300Cash flow at t1 = 0.8 * [$900 + 0.6 * ($5,700 + 0.5 * ($16,800) + 0.5 * ($5,700))] + 0.2 * $0 = $2,832Cash flow at t2 = 0.8 * 0.6 * ($16,800) + 0.8 * 0.4 * ($5,700) + 0.2 * 0.6 * ($5,700) + 0.2 * 0.4 * $0 = $5,904Cash flow at t3 = 0.8 * 0.6 * 0.5 * ($16,800) + 0.8 * 0.4 * ($5,700) + 0.2 * 0.6 * ($5,700) + 0.2 * 0.4 * $0 = $9,324The mean of the cash flows is:
Mean = (-$300 + $2,832 + $5,904 + $9,324)/4= $4,440.5
The standard deviation of the cash flows is:
Standard deviation = sqrt[((-$300 - $4,440.5)^2 + ($2,832 - $4,440.5)^2 + ($5,904 - $4,440.5)^2 + ($9,324 - $4,440.5)^2 )/4]= $4,040.60
The coefficient of variation of the project is:CV = Standard deviation of project's cash flows / Mean of project's cash flows= $4,040.60 / $4,440.5= 0.9116
The answer is approximately 0.91
Learn more about coefficient of variation is at;
https://brainly.com/question/13293164
#SPJ11
How is the restaurant manager’s experience different from the customer’s experience?
Answer:
The restaurant Manager has in-depth knowledge of their business, workers, and income. While a customer might know a workers name a restaurant Manager knows their past record, their education level, and connections.
A manager also might deal with the money, meaning counting bills, change, while a customer simply pays.
Explanation:
Sorry if the question is looking for more specifics.
How do banks create money?
a) by issuing loans and opening checking accounts
b) by holding money in their vaults
c) by charging interest
d) by printing it
The correct answer is option B) by holding money in their vaults.
How does a bank make money?
Banks make money from service charges and fees. These fees vary based on the products, ranging from account fees (monthly maintenance charges, minimum balance fees, overdraft fees, non-sufficient funds (NSF) charges), safe deposit box fees, and late fees.
Where do banks borrow money from?Banks can borrow from the Fed to meet reserve requirements. The rate charged to banks is the discount rate, which is usually higher than the rate that banks charge each other. Banks can borrow from each other to meet reserve requirements, which are charged at the federal funds rate.
Learn more about Banks here: brainly.com/question/24792133
#SPJ2
all other things being equal, which of the following is true? corrective controls are superior to preventive controls. preventive controls are superior to detective controls. preventive controls are equivalent to detective controls. detective controls are superior to preventive controls.
Preventive controls are superior to detective controls is true.
Preventive controls aim to stop problems from occurring, while detective controls aim to identify problems after they occur. By preventing problems, preventive controls save time, money, and resources that would be spent on detecting and correcting problems. Additionally, preventive controls help maintain a stable and predictable environment, which is essential for maintaining quality, safety, and security.
On the other hand, detective controls are reactive and often require more resources to identify and correct problems, which can lead to delays, disruptions, and damages. Therefore, preventive controls are generally considered superior to detective controls. However, it's worth noting that corrective controls, which aim to correct problems after they occur, are also important in certain situations, such as when preventive controls fail or when new problems arise unexpectedly.
For more questions like Controls visit the link below:
https://brainly.com/question/13176619
#SPJ11
"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.
Answer:
b
Explanation:
The monetary policy is not fundamently altered
One way that technological innovation has changed business is by decreasing the use of
Group of answer choices
phone systems.
skilled workers.
fax machines.
paper forms.
Answer: Paper Forms
Reason: Process of Elimination and Educated Guess (Also, I just learned this)
Which resource can you use to view businesses or suppliers divided into different categories?
You may use online or offline _________
to view businesses or suppliers classified into different categories.
Answer:
yellow pages
Explanation:
It's "Yellow Pages" :)
I got it right on plato <3
A company does not pay for this type of advertising.
•Sponsorship
•Sales promotion
•Publicity
•Direct Marketing
Publicity is the A company does not pay for this type of advertising. Hence, option C is correct.
What is Publicity?The English word "publicity" is derived from the French word "publicité." It is the transfer of knowledge from the media to a larger public. Examples of subjects for publicity include people such as politicians and entertainers, goods and services, businesses, organizations, and works of art or entertainment.
Publicity entails putting your business in front of the general public and media channels in order to showcase your goods, services, and corporate news. The goal is to attract your target audience and increase their knowledge of your company so they will desire to work with you.
Getting media attention for your company, offering, or service is known as publicity.
Thus, option C is correct.
For more information about Publicity, click here:
https://brainly.com/question/15590281
#SPJ2
at an interest rate of 6% approximately how long will it take for a beginning sum of $10,000 to triple? answer in number of years rounded to the full year.
At an interest rate of 6% approximately 18 years-10 months-7 days will it take for a beginning sum of $10,000 to triple.
Amount = A = 3
Principal = P = 1
Rate of interest = 6% = 0.06
Number of years of deposit = n = ?
So A = P(1+x)ⁿ
So taking logarithm we get,
n = log(A/P) ÷ log (1+x)
n = log3 ÷ log(1.06)
n = 0.4771 ÷ 0.02531
n = 18.8542 - years
So in , 18 years-10 months-7 days a sum will triple in its value.
The sum that a lender adds to the principal to compensate a borrower for the use of assets is known as the interest rate.A bank's or credit union's deposit account earnings are also subject to an interest rate.In most mortgages, simple interest is used. However, some loans use compound interest, which is charged on both the principal amount and the total amount of interest accrued over time.A borrower who the lender deems to be low risk will have a lower interest rate. A loan with a high risk rating will have a higher interest rate.The interest rate on savings accounts and certificate of deposit (CD) balances at banks and credit unions is expressed as an annual percentage yield (APY). Compound interest is used in CDs and savings accounts.Learn more about Interest rate, here
https://brainly.com/question/13324776
#SPJ4
People are living paycheck to paycheck why is that a problem
Can an individual's financial situation change his or her views of what is
considered a need and what is considered a want? Explain.
Your answer
What is business academy in high school and how can it help you?
Answer:
Explanation:
What is it? - The Academy of Business and Marketing Management provides students with a small learning community based on common interest to graduate from high school prepared for post-secondary education and careers in the business and marketing fields.
(How it can help you) -The Business Academy equips students with the skills, Character traits and knowledge to be successful in ever-changing professional work environments with pathways focusing on accounting, finance, marketing, business management, architecture culinary and cosmetology.
gwhich of the following statements best explains the decrease in imports and exports that occurred between the united states and china immediately prior to the pandemic?
The decrease in imports and exports is attributed to escalating trade tensions and the implementation of tariffs by both countries.
What factors contributed to the decrease in imports and exports?The United States & China engaged in a trade dispute with both countries imposing tariffs on each other's goods. This trade war was characterized by escalating tensions as the United States accused China of unfair trade practices, intellectual property theft and forced technology transfers.
In response, U.S. implemented tariffs on billions OF worth of Chinese imports and China retaliated with tariffs on American goods. These trade barriers created uncertainty and disrupted supply chains and leads to a decrease in imports and exports between the two nations.
Read more about pandemic
brainly.com/question/29643338
#SPJ1