consider the following information for a period of years: arithmetic mean long-term government bonds 7.9% long-term corporate bonds 8.0 inflation 3.5 what is the real return on long-term government bonds? note: do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. what is the real return on long-term corporate bonds?

Answers

Answer 1

The real return on long-term corporate bonds is 4.35%.

Long-term government bonds nominal return = 7.9%

Inflation rate = 3.5%

Real return is given by the formula:

Real Return = (1+Nominal return) (1+inflation) −1

substitute the Long-term government bonds nominal return and inflation calculated above:

Real Return = (1+7.9%) (1+3.5%) −1

= 0.042512077 = 4.25% (rounded to 2 decimal places)

Real return: 4.25%

Requirement 2: What is the real return on long-term corporate bonds? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Long-term corporate bonds return = 8.0%

Substitute the given values:

Real Return = (1+8.0%) (1+3.5%) −1

= 0.043478261 = 4.35% (rounded to 2 decimal places)

Real return: 4.35%


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Related Questions

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?

Answers

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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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?

Answers

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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is also called procurement. a.purchasing management b.automation c.inventory management d.materials control e.quality control

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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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alphabet company, which uses the periodic inventory method, purchases different letters for resale. alphabet had no beginning inventory. it purchased a thru g in january at $9.00 per letter. in february, it purchased h thru l at $11.00 per letter. it purchased m thru r in march at $12.00 per letter. it sold a, d, e, h, j and n in october. there were no additional purchases or sales during the remainder of the year. if alphabet company uses the weighted average method, what is the cost of its ending inventory? (round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.)

Answers

Using weighted average method, the cost of its ending inventory is $67.

Ending inventory = 5.56* 12 = 67

Weighted average method:

The weighted average considers the relative frequency or relevance of particular variables in a data set.

Sometimes a weighted average is more precise than a basic average.

In a weighted average, the allocated weight is multiplied by each data point value, which is then added together and divided by the total number of data points.

Because of this, a weighted average can increase the accuracy of the data.

Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time.

A weighted average, as opposed to a basic average, takes into account the relative weight or contribution of the items being averaged. As a result, it assigns more weight to the average items that happen relatively more frequently.

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define the term structural unemployment and distinguish it from frictional and demand-deficient unemployment. why might structural unemployment fall w

Answers

The business cycle is not only factor contributing to structural unemployment. Over past thirty years, United States has lost hundreds of thousands of well-paying manufacturing jobs as result of production shifting to countries like China with lower cost of living.

What is structural unemployment?

Structural unemployment, a form of involuntary unemployment, results from a mismatch between the capabilities that employees in the economy can provide and those that employers seek in employees. Cyclical unemployment and frictional unemployment are the other two types of unemployment that economists have identified. One of these categories is structural unemployment. Because it necessitates either migration or retraining, structural unemployment can be challenging to overcome. Contrary to structural unemployment, which can be caused by short-term changes in demand from different industries, cyclical unemployment is caused by short-term variations in the overall labor market. Structural unemployment is frequently caused by people's inability to change industries, but it can also happen within sectors as technology changes the nature of work in a given field.

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on january 1, forward company issues bonds that have a $22,000 par value, mature in 4 years, and pay 8% interest per year. interest payments are paid to bondholders semiannually on june 30 and december 31. how much interest does forward company pay to bondholders every six months if the bonds are sold at par?

Answers

Th interest that Forward company would pay bondholders every six months is $880.

What is the interest that would be paid every six months?

A bond is a debt instrument that is used by firms to raise the capital that is needed for business activities. People who purchase bonds are known as bondholders.

Bondholders receive interest at regular predetermined time intervals. Interest is the compensation that is received by the bondholders for giving the borrower their funds. The interest received is a function of the interest rate and the par value of the bond. At the maturity of the bond, the bondholder is paid back the par value of the bond.

Interest = (interest rate / 2) x par value

Interest = (8% / 2) x 22,000

Interest = 4% x 22,000

Interest = 0.04 x 22,000

Interest = $880

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Due to the Taxpayer Relief Act of 1997, it may not be necessary to file which of the following on a capital gain on residential property?
A)
Form 1099-S
B)
None of these
C)
Form W2
D)
Form 1099-TR

Answers

The Taxpayer Relief Act of 1997 made it so that capital gains were not subject to filing Form 1099-S.

What is the 1997 Taxpayer Relief Act?

For taxable years beginning after December 31, 1997, the Taxpayer Relief Act of 1997, Title I: Child Tax Credit, amends the Internal Revenue Code (IRC) to permit a tax credit of up to $500 for each eligible child of a taxpayer.

In the United States, a number of federal taxes were decreased under the Taxpayer Relief Act of 1997. A $400 tax credit for every child under the age of 17 was introduced in 1998, and it was later raised to $500 in 1999. For high-income households, this credit was gradually eliminated.

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suppose at her current level of consumption, a person enjoys eating fruit three times as much as eating yogurt. the price of a serving of fruit is $2 and the price of a yogurt is $1. assume she is spending all of her income on these two goods. is the person spending her income (for these two goods) in a manner that maximizes her utrity?

Answers

No, the person should increase fruit consumption but  decrease yogurt's consumption.

What does income effect mean?

The income effect is a change in an individual's or economy's income and how that change affects quantity demanded. For example, John Doe needs more product after a pay raise because he has more disposable income.

How do you know if the income effect is positive or negative?

Common goods and services usually have a positive income effect. As income increases, so does demand. And when income falls, demand falls. If demand decreases as income increases, the good or service is likely to be inferior and is said to have a negative income effect.

What are the sources of income?

Salary income, Interest income, Dividend income, Profit income, Income from capital gains, rental income, Income from royalties.

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in what way does ias 16 (property, plant, and equipment) differ from u.s. gaap concerning fixed asset measurement subsequent to initial recognition?

Answers

There are significant discrepancies between the GAAP regulations codified in ASC Topic 360 and the IFRS rules written in IAS 16 in the field of fixed assets and the resulting depreciation. The cost method is the sole technique to originally report a fixed asset under GAAP.

What are GAAP and IAS 16?

IAS 16 permits both upward and downward revaluation of fixed assets, however US GAAP permits only upward revaluation. IAS 16 allows for asset revaluation based on fair value to be performed. Each asset type must be revalued on an annual basis. Property, plant, and equipment are initially measured at cost, then measured again using a cost or reval­u­a­tion model, and de­pre­cia­ted such that its de­pre­cia­ble amount is distributed sys­tem­at­ically during its useful life. IAS 16 was reprinted in December 2003 and is effective for fiscal years beginning on or after January 1, 2005.

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what international organization runs a dispute settlement process in which countries can resolve trade inequalities in a formal arena?

Answers

Countries can settle trade disparities in a formal setting through the World Trade Organization's (WTO) dispute resolution procedure.

Describe trade.

Trade is the voluntary transfer of goods or services among participants in the economy. Trade is often seen to be beneficial to both parties because interactions are voluntary. Buying and selling share or other assets is referred to as trading in the finance industry.

Why is trade so important?

Because it fosters economic growth, encourages domestic employment, enhances standard of living, and give more control to support their families with fairly priced goods and services, trade is crucial to the success of the United States. More jobs, greater pay, quality services, moderate inflation, and a propensity for cooperative over conflict are all advantages of increased commerce. nation. The much more freely trade goes around the world, the bigger the wave of economic success and peace will be.

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ron is searching for another job where his skills will be best used. lucy is looking for a job where she can make more money to help put her children through college. what is ron's employment status and what is lucy's?

Answers

Ron is searching for another job where his skills will be best used. lucy is looking for a job . Both Ron and Lucy are frictionally unemployed.

About Frictional unemployment:

Frictional unemployment is a form of unemployment that reflects the gap between voluntarily leaving one job and finding another. Therefore, it is sometimes called search unemployment, but it also includes the employment gap when moving from one job to another. Smooth unemployment is not necessarily a bad thing.

Frictional unemployment is spontaneous, so it can even be a sign of a healthy economy. This means employees are looking for new jobs and new careers.

Causes of frictional unemployment:

Employees take time off to care for loved ones. An employee left an unsatisfactory position in search of a new job. Employees have the financial means to take time off from full-time work. People quit their jobs to pursue higher education.

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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

Answers

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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thirty percent of the cfa candidates have a degree in economics. what is the popbability that none of them have a degree in econmics?

Answers

The probability that none of them have a degree in economics is 0.657.

We need to calculate

P (X > = 1)

= 1 - P(X =0)

= 1 - (1-0.30)^3

= 0.657

Hence, Option C is Correct

The complete question is:

Thirty percent of the CFA candidates have a degree in economics. A random sample of three CFA candidates is selected. What is the probability that at least one of them has a degree in economics?

1. 0.300

2. 0.343

3. 0.657

4. 0.900

Candidate for Level I CFA

You are regarded as a candidate for the CFA Level I if you are presently preparing for the Level I test. You may do this in a number of different ways on your resume. One strategy is to identify as a Level I candidate for the CFA.

The Excel’s function BINOM.DIST can be used.

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a silver futures contract requires the seller to deliver 5,000 troy ounces of silver. an investor sells one april silver futures contract at a price of $15 per ounce, posting an $8,400 initial margin. if the required maintenance margin is $6,900, the price per ounce at which the investor would first receive a maintenance margin call is closest to:

Answers

The investor would first receive a maintenance margin call is closest to

15.3

How to Calculate Margin call?

Increase in price per ounce=Number of ounces-Required margin maintance/Initial margin

=8400-6900/5000

=0.3

Future price =Selling price per ounce + Increase in price per ounce

=15+.3

=15.3

Initial Purchase Price x [(1 - Initial Margin) / (1 - Maintenance Margin)] = Margin Call Price. The margin call price serves as a benchmark for the price below which the margin requirements are not satisfied, forcing the investor to make more deposits or sell off a certain portion of their portfolio assets in order to comply.The investor can deposit cash in the amount of the margin call to cover it. As an alternative, the investor can sell sufficient securities to satisfy the margin need with the remaining equity. Let's say the investor does not want to add to the $2,000 cash balance in the account.

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which key strategic leadership action plays a key role in influencing how the firm conducts its business and regulates and controls employees' behavior?

Answers

How to Maintain a Successful Organizational Culture Strategic leadership action has a significant impact on how the company runs its operations and governs and controls employee behavior.

Which of the following describes strategic leadership's objective?

The major goals of strategic leadership are to improve strategic productivity, foster creativity, and create an environment that motivates staff to work hard, act independently, and advance their own ideas.

What are the three phases of developing a leader?

leadership's three phases- We are moving past the first stage of leadership. Let's examine the initial level of leadership, which focuses on action. building the conditions for excellence, from 2 to 3. In the third level, multifunctional leadership is discussed, the drive to increase.

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what are the consequences of bad logistics management for a company? select all that apply. a more paperwork b problems with customer relations c higher costs d longer hours

Answers

The consequences of poor logistics management for company include:  customer relationship issues, higher costs and longer hours.

What leads to bad logistics?

Poor time management. Increased costs and hidden costs due to lack of knowledge. Disruption of operational processes. I don't have the right software for live tracking.

What impact will logistics have on company?

Successful logistics in business entails more effectiveness, lower costs, higher production rates, better inventory control, more efficient storage space utilization, higher levels of customer and supplier satisfaction, and better customer experiences.

What are the consequences of poor management for suppliers?

In short, poor supplier performance costs a company money, time, and reputation, increases the risk of customer churn, and can even threaten a company's viability. The impact on suppliers is also negative. Efforts to ensure performance regressions can be fixed.

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in a world ever sensitive to social and environmental issues, more and more firms are embracing csr and sustainability. such firms are more likely than not to . a. develop closer relations with foreign stakeholders to better understand their needs and work jointly toward solutions b. minimize their contribution to the local community in order to maximize profits c. be reluctant to hire managers from around the world d. favor region-specific csr standards to global csr standards for foreign operations

Answers

Firms embracing csr and sustainability are more likely than not to:

A) Develop closer relations with foreign stakeholders to better understand their needs.

Define CSR and sustainability in a firm.

CSR refers to a company's responsibility for its social effect. This encompasses social, environmental, and economic factors. CSR takes several forms depending on the firm. A manufacturer's CSR actions will differ from those of a store, and publicly traded firms face different problems than a family-run SME with deep roots in its region.

The capacity to maintain multiple systems and processes – ecologically, socially, and economically — across time is referred to as sustainability. Sustainability has its roots in natural resource economics, but it has subsequently gained broader currency in terms of sustainable development and social equity.

Hence, Firms embracing csr and sustainability are more likely than not to:

A) Develop closer relations with foreign stakeholders to better understand their needs.

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steve and craig have been shipwrecked on a deserted island in the south pacific. their economic activity consists of either gathering pineapples or fishing. we know steve can catch four fish in one hour or harvest two baskets of pineapples. in the same time craig can reel in two fish or harvest two baskets of pineapples. if they each spend four hours a day fishing and four hours a day harvesting pineapples, how many of each will steve produce? how many will craig produce? what will their total production be?

Answers

Craig will generate 8 fish daily and 8 carriers of pineapples, bringing the combined production to 24 fish and 16 baskets per day. He will provide 16 fish daily and 8 receptacles of pineapples.

What are some economic examples?

The social science of economy focuses on the analysis of resource scarcity. It examines variables that have an influence on how products and services are produced, distributed, and received in an economy. It investigates how people, organizations, and governments distribute limited resources.

Briefing:

Steve grows eight baskets of pineapples and four fish (four fish per hour) in four hours (4 hours x 2 baskets per hour). Craig makes eight fish (four hours at two fish each) and eight baskets of pineapples each day (4 hours x 2 baskets per hour). A total of 24 fish as well as 16 bags of pineapples are produced each day.

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True or False?

A true market segment meets all of the following criteria:

it is distinct from other segments (different segments have different needs),

it is homogeneous within the segment (exhibits common needs),

it responds similarly to a market stimulus, and it can be reached by a market intervention

Answers

It is TRUE to state that a true market segment meets all of the following criteria:

it is distinct from other segments (different segments have different needs),it is homogeneous within the segment (exhibits common needs),it responds similarly to a market stimulus, and it can be reached by a market intervention.

What is a market segment?

Market segmentation is the process of breaking a large consumer or company market, often made up of present and future customers, into sub-groups of consumers based on some form of the shared trait.

Segmentation allows you to understand more about your audience and personalize your messaging to their tastes and requirements. Targeting a specific section of people who are likely to be interested in your content or product is far more successful than targeting a large number of people.

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the macroenvironment is also known as the environment. multiple choice question. fixed internal external general

Answers

the macroenvironment is also known as general environment.

Describe macro environment through few examples?

A macro environment is the collection of circumstances that impact the economy as a whole instead of just one industry or geographical area. The macro environment, in general, comprises developments in the GDP, inflation, employment, expenditure, and fiscal and monetary policy.

Why is a business's macroenvironment important?

Macro-environment frequently denotes a state affecting the entire economy as opposed to just one single market segment. Business decisions will be influenced by the macro environment. There can be an impact on spending, investing, and borrowing activities when a macro environment is present.

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Answer: General

Explanation: I just did it

the equity interest in a subsidiary not attributable directly or indirectly to the parent is known as the (select all that apply)

Answers

The equity interest in a subsidiary not attributable directly or indirectly to the parent are Non-Controlling Interest and Minority Interest.

What is equity interest?

Equity interest is an ownership interest in a company. It is a form of security that gives the holder the right to vote on certain matters, such as the election of directors and the approval of major corporate actions. Equity interest also provides a right to receive a share of the company’s profits, either through dividends, or through an increase in the value of the shares when they are sold. Equity interest is typically obtained by purchasing shares of stock in the company, either through a public offering or through private transactions.

Non-Controlling Interest and Minority Interest are correct answers. Non-Controlling Interest and Minority Interest refers to the equity interest that is not held by the parent company in a subsidiary. This equity interest is held by other investors or shareholders, such as individual shareholders or institutional investors.

Hence, Non-Controlling Interest and Minority Interest are the answers.

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true or false: because employee performance is so important to organizations, senior management consistently supports performance management procedures.

Answers

Senior management does not support performance management procedures for employee performance . Thus, the statement is false.

What is performance management?

Performance management is a corporate management tool that allows managers to monitor and evaluate the work of their employees. The goal of performance management is to create an environment in which people can perform to the best of their abilities and produce the highest-quality work in the most efficient and effective manner.

Businesses require effective performance management. It assists them in aligning their employees, resources, and systems to meet their strategic objectives through both formal and informal processes.

Therefore, to align the employees with the objectives of the organization,  senior management consistently supports performance management procedures.

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the proper level of government intervention is unclear when dealing with a monopoly. group of answer choices true false

Answers

When dealing with a monopoly, it's uncertain how much government should be involved. It is accurate to state what it is.

What exactly does Monopoly mean?

A monopoly is a market structure where one manufacturer or seller holds the majority of the market share in a particular industry or area. As they impede competition and restrict consumer alternatives, monopolies are opposed in free-market economies.

Please provide a monopoly example:

A corporation is said to have a monopoly if it offers a product solely and there are no close substitutes. A monopoly that is unregulated can control prices and dominate the market. Take Microsoft and Windows, DeBeers and diamonds, or your local natural gas company, as examples.

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consider the demand for cereal. when price is $4.25/box quantity demanded is 1200 boxes. price increased to $5.25/box and quantity demanded fell to 1000 boxes. what is the elasticity of demand?

Answers

Demand is considered to be relatively inelastic, or not highly responsive to price changes, if the quantity demanded is smaller than the percent change in price.

What does demand look like?

Key Learnings. According to the economic principle known as the law of demand, customer demand for just a good increases when prices are low and decreases when prices are high. When shoppers rush to purchase goods at steep prices during Black Friday bargains, the law of demand is in effect.

Is a demand a request?

It might be simple—and tempting—to employ demands rather than requests, even if you believe you comprehend the distinction on an intellectual level. A request is when you formally, politely, or respectfully ask for something. A call is a strong declaration in which you request something.

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failing to appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated. a. downsize b. buy out c. downscope d. spin off

Answers

The correct option is A. If downsize is not done properly, there will be too many employees working the same job, which would hinder the future company from reaching the projected cost synergies.

What are the two different forms of work?

You can hire someone on a fixed-term or fee basis for a predetermined period of time or to carry out a specified duty, such as to work on a given project or fill in for an employee on leave.

Which professions are the most common?

The three categories below may be used to identify the kinds of labor that have been done. The three sorts are positive employment, dismal work, and zero work. The ratio of force and displacement defines the kind of work that is done. Good number of occupations when an applied force moves an object inside that direction.

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When purchasing her new car, molly traded in her previous car, which was a buick in good condition. the dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. what was molly’s previous car?

Answers

The value of Molly's car, given the trade - in value and percentage of the previous car, can be found to be $ 1, 676

What is a trade - in value ?

The car that customers trade in when they purchase a new car from the dealership is known as a trade-in. The trade-in value that a dealer will typically offer for the car is almost always less than the market value that you could obtain by selling it privately.

A well-kept example of a well-liked model may be a trade-in, which the dealer can repair and resell on the used car lot for a profit. Second, the dealer is facilitating the customer's decision to purchase the new vehicle. Any other justification for accepting a trade-in entails extra work, extra expense, and unpredictability for the dealer.

The trade - in value for Molly's car can be found by the formula :

= Listed trade in value of Molly's car / Percentage of the car

= 1, 340.80 / 80 %

= $ 1, 676

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A marketing plan includes this marketing objective: "Create positive feelings
about our brand." What is the main problem with this objective?

Answers

Answer:

The main problem with this objective is that it is too vague and does not provide any specific target or measure for success. "Positive feelings" are subjective and can vary greatly from person to person, making it difficult to accurately track and measure progress towards this objective. A more specific and measurable objective might be something like "Increase brand awareness by X% among target audience within Y months" or "Increase customer satisfaction ratings by X% within Y months."

according to the resource-theory of the firm discussed in mcnett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be

Answers

To draw in the most exceptional and varied talent that can give one a competitive edge in various areas.

How do you define resource-based theory?

According to resource-based theory, a corporation is best positioned for long-term success if it has access to valuable, uncommon, difficult-to-replicate resources. These strategic resources can act as a springboard for developing solid competencies that, over time, may result in improved performance.

What does the word "resources" mean?

It means a source of supply or support—an option. A natural source of riches or income; generally used in the plural. Frequently used in the plural.: a natural phenomenon or feature that improves the standard of living for people.

The original question is:

According to the resource theory of the firm discussed in McNett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be _______.

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the corporate charter of whispering winds corporation allows the issuance of a maximum of 100,000 shares of common stock. during its first two years of operations, whispering winds sold 61,300 shares to shareholders and reacquired 4,800 of these shares. after these transactions, how many shares are authorized, issued, and outstanding? whispering winds corporation is authorized to sell shares. whispering winds has shares issued. whispering winds has shares outstanding.

Answers

Luney Corporation has been granted permission to sell 100,000 shares. Luney has issued 70000 shares. Luney has 63000 shareholdings in circulation.

What exactly do users mean by "shares"?

Shares are equity ownership units in a corporation. Shares arise as a capital product for some companies, providing for an equitable split of any residue left profits, if any are proclaimed, in the dividend form. Stockholders of a shares that doesn't pay dividends are not entitled to a profit distribution.

What are the various kinds of shares inside a limited partnership?

Ordinary stock.Non-voting stock.Preferences are distributed.Shares that are redeemable.

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how would you respond to a naysayer that says store business and concessions business will go down if we give out free hats and free food as part of group sales packages?

Answers

would let them know that it's a misconception Offering free food or drinks adds value to the customer without discounting products or services.

What is meant by products?

A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand.Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods.A form of product that is also considered is a service.In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.Product liability may apply to hazardous goods, particularly physical ones that harm users or bystanders.

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