Answer: absolute advatage
Explanation :using the same resources.
Answer:
A) An absolute advantage
Explanation:
I got it right on the test
what is process modeling? group of answer choices illustrates the movement of information between external entities and the processes and data stores within the system. software suites that automate systems analysis, design, and development. a formal, approved document that manages and controls the entire project. involves graphically representing the processes that capture, manipulate, store, and distribute information between a system and its environment.
Multiple Choice Illustrates the movement of information between external entities and the processes and data stores within the system.
What is process Modelling technique?In order for modelling to be successful, there are specific actions that must be taken. These processes entail motivation, attention, retention, and reproduction. In order to improve communication of a process, business process modelling fundamentally entails identifying, outlining, and visualising the entire process. Additional advantages include: enables the removal of superfluous jobs that you can detect. In order to model BPs, the process model includes four different categories of fundamental elements: flow objects (activities, gateways, and events), linking objects (sequence flows, message flows, and relationships), swimlanes, and artefacts. An organisational organization's internal business procedures can be managed and made more efficient by using a process model to visualise them. Typically, this workout requires agility.To learn more about Modelling technique refer to:
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is also called procurement. a.purchasing management b.automation c.inventory management d.materials control e.quality control
Purchasing management is also called procurement. The procurement is the term which means to buy or purchase products and services for the selling purpose.
The purchasing management is the management in which the business buys the products in the bundle or stock quantity for the re-selling purpose or to make their business products as taking the raw material or intermediate goods or stocks.
The purchasing management is the management in which the small seller or shopkeeper become unite with the big organization or business to sell their products and give some profit at the end of the year.
The purchasing management is good for those seller who is not able to sell their products.
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marilyn is an african american woman who is working for a large accounting firm. she is in line to become the next president of the firm. in order to prepare for the potential promotion, what is marilyn most likely going to search for in terms of career support?
In a case whereby marilyn who is an african american woman who is working for a large accounting firm . in order to prepare for the potential promotion, what marilyn is most likely going to search for in terms of career support is An African American woman mentor.
Why does she needs American woman mentor?
A mentor is someone who can help, counsel, and direct you. They usually take the time to get to know you and the difficulties you're having before using that knowledge and their own firsthand experience to assist you.
This relationship is distinct from one with a manager or boss and gains from a more intimate and private framework.
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which two factors determine whether a firm should use personal selling, e-commerce, or a combination of the two? (check all that apply.)
Two factors determine whether a firm should use personal selling, e-commerce, or a combination of the two A and C.
Ecommerce or electronic commerce is the buying and selling of products and offerings at the internet. it is your bustling town center or brick-and-mortar shop translated into zeroes and ones on the internet superhighway.
the usual definition of E-commerce is a industrial transaction that's occurred over the internet. on-line stores are examples of E-commerce web sites. by 2020, worldwide retail e-commerce can reach as much as $27 Trillion. There are 3 fundamental forms of e-trade: commercial enterprise-to-enterprise (websites such as Shopify), commercial enterprise-to-customer (web sites which includes Amazon), and purchaser-to-client (web sites including eBay).
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Which of the following factors determine whether a firm should use personal selling, e-commerce, or a combination of the two?
a. The level of relationship building required.
b. The number and types of competitors in a market.
c. The extent to which the information exchanged is standardized.
d. The average cost of goods sold.
in which training format are differences in skill levels among trainees a common problem for trainers?
This instruction given in the work under the supervision of a manager, supervisor, or other experienced worker.
Skill guides trainees in practicing job skills at the workplace?Below we've compiled a list of the most important skills for a trainee. We ranked the top skills based on the percentage of trainee resumes they appeared on. For example, 22.2% of trainee resumes contained customer service as a skill. Let's find out what skills a trainee actually needs in order to be successful in the workplace.The most common hard skill for a trainee is customer service. 22.2% trainees have this skill on their resume.The second most common hard skill for a trainee is cdl appearing on 9.5% of resumes. The third most common is training programs on 8.6% of resumes.Learn teller responsibilities such as providing quality customer service, making effective referrals, banking terminology and social engineering.Assisted various program managers with developing performance metrics on ways to improve customer service and information delivery.Three common soft skills for a trainee are multitasking skills, communication skills and analytical skills.To learn more about trainers refer to:
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Companies often refine their cost allocation systems to minimize the amount of cost distortion cost distortion caused by the simpler cost allocation systems (t/f)
Costs are accumulated and then allocated to cost items using a costing system.
Can we use this amount of money as cash?We use "amount" for singular, uncountable nouns and "amounts" for plural nouns. There is a ton of cash hidden under the mattress. He holds a large amount of cryptocurrency in his cold wallet. The word "money" in the aforementioned examples is changed to "amount" because it is an irregular verb.
What is the amount of the balance?What Does an Account Balance Mean? The account balance is the total amount of money that is kept in a banking institution at any given moment, such as in a bank or bank account. The account balance is always the net sum, which takes into account all debits and credits.
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hyundai tends to follow an ethnocentric staffing model. from which group will it most likely hire for upper-level management positions?
As Hyundai tends to follow an ethnocentric staffing model, it will most likely hire for upper-level management positions by considering the parent country nationals. The Option D is correct.
What is an ethnocentric staffing?An ethnocentric staffing is when a company hire management that is the same nationality as the parent company while the polycentric companies hire management employees from the host country. Either one is appropriate, but you must evaluate when to choose ethnocentric staffing.
When parent company's procedures and operations require control and management for the company to profit, it can be appropriate to choose an ethnocentric staffing for foreign offices.
Missing options "primary country nationals, third country nationals, host country nationals, parent country nationals"
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the doctrine of equitable estoppel is used primarily in which of the following? a. sale of personal property b. written contracts that are performed in less than one year c. sale of real property d. the expectation of part performance
The doctrine of part performance enables the court to direct particular performance of an oral agreement for the sale of real estate or the transfer of another interest in real property.
What is a doctrine example?
a specific belief, viewpoint, or policy propagated by a religion or political authority: The Monroe Doctrine; Catholic beliefs. something that is taught; all of the teachings: religious principles. a collection of teachings or a system of teachings on a specific topic: Catholic Church doctrine.
Spiritual doctrine: What is it?
The Doctrine is a compilation of conferences and exhortations that Lallemant delivered in Rouen, France, primarily between 1628 and 1631 in his capacity as a tertian instructor, or spiritual formator, of Jesuits who had completed their final stage of development.
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the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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in order to classify a transaction as a sales-type lease, a lessor must meet one of the lease classification tests. what other criterion must the lessor meet for lease capitalization?
Along with one of the lease classification test, a lessor must also meet the criterion of the collectability of the payments from the lessee must be probable.
A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party. In exchange, it ensures the lessor (the property owner or landlord) will receive monthly payments from the lessee (also known as the renter) for a predetermined amount of time.
The details of rental agreements for real estate, as well as for real and personal property, are outlined in leases, which are legally enforceable contracts. These contracts are binding by both parties and contain obligations for each party to carry out and uphold the agreement.
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e.what if the central bank abandons inflation targeting and creates inflation of 10 percent by printing money. if agents (consumers) even after several periods expect that inflation will continue to be 8 percent, what will be the unemployment rate? are agents being rational? why or why not? if agents have adaptive expectations, what will be the expected inflation rate and the unemployment rate in the next period?
Unemployment Rate in the United States is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations.
Are agents being rational?A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information. A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information. A rational agent can be anything that makes decisions, typically a person, firm, machine, or software. One widely used gauge of market-based inflation expectations is known as the 10-year breakeven inflation rate. The breakeven rate is calculated by comparing 10-year nominal Treasury yields with yields on 10-year Treasury Inflation Protection Securities (TIPS), whose yield is tied to changes in the CPI. A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information.
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one problem of the too-big-to-fail policy is that it the incentives for by big banksa.reduces; adverse selection by big banksb.increases; adverse selection by big banksc.reduces; moral hazard by big banksd.increases; moral hazard by big banks
The too-big-to-fail strategy has the drawback of encouraging banks to engage in liability. Officials expect that strict laws would reduce the uncertainty that might affect banks that are considered to big to fail.
Which bank are you referring to?A financial institution that deals with money and its alternatives as well as other services involving money. A bank offers finance and accepts deposits in its capacity as either a financial middleman.
What are the purposes of a bank?A bank is a legitimate business that takes deposits that are available for withdrawal immediately. Public savings are deposited in banking with both the certainty that funds would have been forthcoming for withdrawal as needed since banks are entities that assist the public in managing their finances.
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The complete question is-
A problem with the too-big-to-fail policy is that it ______ the incentives for ________ by big banks
A. Increases; moral hazard B. Decreases; moral hazard C. Increases; adverse selection D. Decreases; adverse selection
which two of the following are true of the advertising industry in the united states? (check all that apply.) multiple select question. a career in advertising has an unsavory reputation, similar to that of being a used-car salesman. the industry spends most of its money to place ads in media such as newspapers and television. the advertising industry employs an unusually large number of people. a large amount of money is spent on advertising.
Advertisers used the different traditional media platforms, such as newspapers, radio, and television, to publicize their products and build their brands.
What kind of industry would that be?
Industries are typically grouped based on the products and services they offer. For instance, all manufacturers who create and sell pizza on the market are included in the pizza industry. It is significant to remember that a pizza maker must be a member of the pizza industry.
The different stages in which enterprises function:
advance, and decline within an industry are depicted by an industry life cycle. Startup, growth, shakeout, maturity, and decline are the five stages that commonly make up an industry life cycle.
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evan purchased a futures contract on treasury bonds at a price of 102-12. two months later, evan sells the same futures contract in order to close out the position. at that time, the futures contract specifies 103-15. what is evan's nominal profit? the par value of the futures contract is $100,000.
The par value of the futures contract is $100,000. The normal profit statistic takes into account both explicit and implicit costs. It could be seen in relation to financial gain.
When the difference between a company's total revenue and its combined explicit and implicit costs is equal to zero, it is said to be operating at normal profit. The financial term nominal is used in a variety of settings. It can also signify negligibly less than the actual worth or expense, as in a minimal fee. An unadjusted rate of value, such as interest rates or GDP, is referred to as nominal costs. The nominal interest rate less the inflation rate is known as the real interest rate in finance.
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at the beginning of 2019, robotics inc. acquired a manufacturing facility for $13.9 million. $10.9 million of the purchase price was allocated to the building. depreciation for 2019 and 2020 was calculated using the straight-line method, a 25-year useful life, and a $2.9 million residual value. in 2021, the estimates of useful life and residual value were changed to 20 total years and $690,000, respectively. what is depreciation on the building for 2021? (round answer to the nearest whole dollar.)
The depreciation for the building in 2021 calculated using the straight-line method is $586,470.
How do you determine the depreciation of the building?The first step is to calculate the annual depreciation amount using the original estimates of useful life and residual value:
Annual depreciation = (Cost of asset - Residual value) / Useful life
= ($10.9 million - $2.9 million) / 25 years
= $320,000 per year
Remaining useful life = 20 years - (2019 + 2020)
= 20 years - 3 years
= 17 years
Finally, you can use the revised estimates of useful life and residual value to recalculate the annual depreciation amount:
Annual depreciation = ($10.9 million - $690,000) / 17 years
= $586,470 per year
To find the depreciation for 2021, you can multiply the annual depreciation amount by the number of years the asset has been depreciated:
Depreciation for 2021 = $586,470/year * 1 year
= $586,470
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amanda purchased a home for $660,000 in 2016. she paid $132,000 cash and borrowed the remaining $528,000. this is amanda's only residence. assume that in year 2024, when the home had appreciated to $990,000 and the remaining mortgage was $396,000, interest rates declined, and amanda refinanced her home. she borrowed $660,000 at the time of the refinancing, paid off the first mortgage, and used the remainder for purposes unrelated to the home. what is her total amount of acquisition indebtedness for the purposes of determining the deduction for home mortgage interest? (assume not married filing separately.)
1396,000 is her total amount of acquisition indebtedness
total amount of her amount of acquisition indebtedness for purposes of determining the deduction for home mortgage interest is $396,000
Acquisition indebtedness:
Acquisition Indebtedness refers to any debt that the United States Borrower or any of its subsidiaries have issued to finance, in whole or in part,
a Material Acquisition and any associated transactions (including to refinance or replace all or a portion of any prior debt of the United States Borrower, any of its subsidiaries, or the person(s) or assets to be acquired);
provided, however, that (a) the release of the proceeds therefrom to the United States Borrower is made in accordance with the terms
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a person who occupies a structural hole in an organization bridges between one or more otherwise disconnected groups. cross and prusak would call this person a boundary spanner. what advantages are there for the member who bridges a structural hole?
Information brokers are accountable for controlling and operating inside structural gaps, which has certain advantages.
By organization, what do we imply?An organization is a collection of individuals who collaborate, such as a firm, homeowners association, charity, or union. The term "organization" can be used to represent a team or a company.
Briefing:1. Access to more data: This person is able to get information from many groups and is required to do so, which gives them an edge.
2. A better viewpoint on things: Because this person has access to a wider range of information, he is better placed to gain a greater perspective on things, which will enable him to design better alternatives to difficulties.
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aaron wants to work in the real estate industry but does not have a license. which career choice is available to him, with compensation, before he obtains a real estate sales agent license?
Among other persons not required to have a real estate license are
(1) An onsite manager of an apartment complex.
(2) An owner or the owner's employee who leases the owner's improved or unimproved real estate.
(3) A transaction involving
(a) The sale, lease, or transfer of a mineral or mining interest.(b) The sale, lease, or transfer of a cemetery lot. (c) The lease or management of a hotel or motel.(d) The sale of real property by a trustee under a power-of-sale clause in a deed of trust.it's far common practice for an intermediary to offer actual estate owners devoted sales and advertising assistance in exchange for a fee. In North the USA, this middleman is called a real estate agent, actual property broker, or realtor, even in the united kingdom, the intermediary could be referred to as an estate agent. In Australia, the intermediary is known as an actual estate agent or actual property consultant or agent.
An actual estate transaction is a system wherein rights in a unit of property (or specified actual property) are transferred among two or extra events, e.g. in the case of conveyance one birthday celebration being the vendor(s) and the opposite being the client(s). it may frequently be pretty complex because of the complexity of the property rights being transferred, the amount of money being exchanged, and the authorities rules. Conventions and requirements additionally vary extensively among one-of-a-kind international locations of the sector and among smaller felony entities (jurisdictions).
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assume that there were multiple offers the iuros were considering before accepting the redemanns' offer. what may the agent disclose to potential offerors if the iuros have not specifically instructed the agent otherwise? a) the loan terms of any competing offer b) the names of other offerors c) that the iuros are considering more than one offer d) the sales price of any competing offer
The Correct Option is C.
That the iuros are considering more than one offer.
Offer
The investigation of the functioning of the offer and acceptance is a conventional technique in contract law since they are usually acknowledged as necessary conditions for the formation of a contract.
The offer and acceptance formula, which was created in the 19th century, pinpoints the point at which the parties come to an agreement. Developments in the law of estoppel, deceptive trade practices, false statements, unjust enrichment, and the power of acceptance have altered the traditional method of contract creation.
An offer, according to Treitel, is " an statement of readiness to contract on specified terms, made with the idea that it shall become enforceable upon acceptance by the party to whom it is directed, the "offeree," as soon as it is accepted."
An offer is a declaration of the conditions under which the maker is willing to be held accountable. The offeree and the present contractual agreement want to be bound by a written agreement that contains specific and precise terms.
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verbal reprimands, written reprimands, disciplinary layoffs, fines, demotion, and termination are examples of power possessed by managers. a.coercive b.referent c.expert d.legitimate e.reward
Verbal reprimands, written reprimands, disciplinary layoffs, fines, demotion, and termination are examples of a. coercive power possessed by managers.
Coercive power is a type of strength that employs the use of force, threats, and different varieties of coercion to stimulate an outcome. A manager who threatens to demote, terminate, or droop an erring employee, for example, uses coercive strength.
Coercive power is the ability of a supervisor to force an employee to comply with an order by means of threatening the employee with punishment if the worker does now not comply with the order. The most crucial idea to understand about coercive energy is that it uses the software of force. according to some organizational managers, the goal of coercion isn't always to threaten or scare personnel,
however to make certain compliance. preserving coercive strength permits managers to control how their corporation operates and to instill subject of their personnel, improving efficiency and productiveness.
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look at the data. if the bank of springfield is holding on to no excess reserves, and all other banks have the same reserve ratio, then what is the value of the money multiplier?
the value of the Multiplier is 12.5
What is reserve ratio?
According to the instructions of the central bank, the reserve ratio is the portion of deposits that commercial banks must retain in cash.
Reserve Ratio = Reserves / Deposits = 19,200 / 240,000
= 0.08
= 8%
Multiplier = 1 / Reserve Ratio
= 1 / 0.08
= 12.5
Therefore the value of the Multiplier is 12.5
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n general, as teams become more cohesive, their members tend to a. have differing performance norms. b. become less satisfied with the team. c. interact less frequently. d. become less attracted to the group. e. conform more to norms.
Teams that are more cohesive tend to have individuals that engage more, follow standards more, and are happier as a team.
What types of norms are there?Social norms were unwritten standards of conduct that all members of a certain group or culture agree upon. Forming a queue at checkout counters, saying "bless you" whenever anyone sneezes, or keeping the door open for someone who enters a building just after you are examples from western culture.
What do cultural norms entail?Social norms are guidelines or standards of conduct and cognition that are based on accepted values within a particular social or cultural group. Even though they are sometimes unwritten, social norms provide guidelines for what is (which is not) acceptable conduct in interpersonal relationships.
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jeff, mark and adam opened an electric car manufacturing plant on december 1, 2022. jeff, mark and adam each own 33 percent of the business. They will own 30 million dollars worth of stock in the company. they will have quarterly meetings to discuss important matters concerning the business. They contacted you to manage their new auto plant. They are going to name the auto manufacturing plant Electro Cars, and they asked you to create Electro's business entity. What type of the entity should you create for Electro?
answers:
general partnership
limited partnership
s-corporation
c-corporation
general partnership You have been asked to establish Electro's corporate entity because the auto assembly plant will be known as Electro Cars. For Electro, what kind of entity should you create?
How is a general partnership created?When two or more people or other legal entities get together to form a general partnership, they are referred to as the general partners and the general partnership is a legal entity. A partnership agreement is a legal instrument that formally establishes a party's informal association or their formal association.
People select general partnerships for what reasons?Generally speaking, general partnerships are less expensive to set up than businesses, limited partners, or llps and involve less paperwork and formality.
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malholtra inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$775 $300 $320 $340 $360
The correct option is E. The project's mirr note that a project's projected mirr can be less than the WACC is 11.75%.
MIRR is computed as shown below:
The future value of cash flow from year 1 to year 4 is computed as follows:
= $ 300 x 1.103 + $ 320 x 1.102 + $ 340 x 1.10 + $ 360
= $ 1,520.5
So, the MIRR will be as follows:
= (Future value / Initial cost) 1 / n - 1
= ($ 1,520.5 / $ 975) 1 / 4 - 1
= 11.75% Approximately
The weighted common price of capital (WACC) represents a firm's average after-tax fee of capital from all resources, such as commonplace stock, preferred inventory, bonds, and other sorts of debt. WACC is the average price that a company expects to pay to finance its property.
The weighted common value of capital is the rate that an organization is anticipated to pay on average to all its security holders to finance its belongings. The WACC is normally referred to as the company's fee of capital. Importantly, its miles are dictated through the outside market and not with the aid of control. The WACC is calculated considering the relative weights of each element of the capital structure. The greater complex the agency's capital shape, the greater onerous it is to calculate the WACC.
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Complete Question:
Malholtra inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$775 $300 $320 $340 $360
a) 14.08%
b) 15.65%
c) 17.21%
d) 18.94%
e) 11.75%
what is motivation in business
Answer:
La motivación emprendedora es un factor importante para contribuir con el desarrollo de una sociedad. También es importante el proveer instrumentos para canalizar las acciones de los emprendedores/as potenciales para obtener el exito.
[ Entrepreneurial motivation is an important factor in contributing to the development of a society. It is also important to provide instruments to channel the actions of potential entrepreneurs to achieve success..]
Explanation:
Sorry my English is not very good but I hope you understand and help you with something.
incorporating paraphrasing restating or generating in new form information that is already
Information that has been paraphrased, restated, or created in a new form is included in derivative classification.
How is derivative categorization defined?Derivative classification affects both industry and the Department of Defense in significant ways. Information security is improved by classifying it. It restricts access to only those people who are eligible and have a justifiable need to know the information.
Derivative classification is the process of using previously classified information to create new documents or materials and classifying the new documents or materials in accordance with the source information's classification markings.
The process of leveraging already-classified information to make new papers or materials and then classifying the newly-developed
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the complete question is
Incorporating, paraphrasing, restating or generating in a new form information that is already classified and marking the newly developed material consistent with the markings that apply to the source information.
ex 8. on january 1, 2016, jason company issued $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually. what was the issuance price of the bonds if the market rate of interest was 8%? a. $5,000,000. b. $5,670,000. c. $5,387,500. d. $5,712,500. hint: bond issue price
The issuance price of the bonds of $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually if the market rate of interest was 8% was b. $5,670,000.
What is the issuance price of bonds?The issuance price of a bond is determined by its present value.
To determine the present value, we input the following parameters onto an online finance calculator.
N (# of periods) = 10 years
I/Y (Interest per year) = 8%
PMT (Periodic Payment) = $500,000
FV (Future Value) = $5 million
Results:
Present Value (PV) = $5,671,008.14
Sum of all periodic payments = $5,000,000 ($500,000 x 10)
Total Interest = $4,328,991.86
Thus, Jason Company's 10-year bonds' issuance price was Option B.
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technician a says that automotive bulbs are identified by trade numbers. technician b says that the trade number is the different for each manufacturer for the exact same bulb specification. which technician is correct?
A technician claims that trade numbers are used to identify car bulbs. Tech B claims that because each manufacturer's trade number differs for exactly the same bulb specifications, Tech A is correct.
What is a manufacturer and examples?Making new products out of parts or raw materials is the process of manufacturing. Manufacturing includes enterprises like bakeries, tailors, shoemakers, and auto manufacturers because they all create products rather than offering services. A manufacturer is indeed a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to consumers, wholesale, distributors, retailers, or other manufacturers who can use them to make more complicated products.
What are the types of manufacturer and why it is important?Ultimately, we're referring to three different manufacturing processes: make-to-stock manufacturing (MTS), make-to-order manufacturing (MTO), and make-to-assemble manufacturing (MTA). Manufacturers often engage in one of these three forms of manufacturing.
Every single manufacturing job generates three additional jobs, according to the Economic Policy Institute in the United States, because earnings are spent in other areas of the economy. Manufacturing also decreases poverty and generates middle-class jobs.
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a firm, such as a public utility, which is the sole producer in a market in which the government determines prices and standards of service, is known as a(n):
A(n): controlled monopoly is a company, for example a public utility, that is the only producer in some kind of a market where the government sets the pricing and quality requirements.
What exactly is a "service business"?A service corporation is a business made up of something like a professional and team of professionals that perform labour or help with a job for both the benefit of their clients. The product that a service company offers is not the same as a good you could purchase from a store, such a television, article of clothing, or food.
What function does a service firm serve?There are several reasons why the service sector is vital to society, among them: Providing the public with necessary services Frequently, service companies offer vital services towards the public, such as healthcare, transportation and education.
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which type of sales presentation would most likely occur after a sale to ensure that current customers are aware of a firm's services and additional product offerings?
After a sale, a reminder presentation would probably take place to make sure that existing customers are aware of the company's services and other product options.
Reminder presentation strategy: what is it?According to studies, when promotion is discontinued, consumer knowledge of a company's goods and services decreases. This issue is one of the key causes for which businesses hire missionary salesmen to stay current on and knowledgeable about their product lines.
Advantages of presentations for businessesPresentations can be used by businesses to inform, educate, inspire, and persuade internal staff members for internal communication and training. Great HR presentations may help your staff feel secure and prepared when they first come.
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