if the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in prices and output in the short run. a) lower;lower b) higher;higher; c) lower; higher; d) higher; lower

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Answer 1

If the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in higher prices and lower output in the short run (D).

Aggregate Supply is the total output of products produced within an aconomy at a given price in a giver time period. Aggregate suspply curve represents the relationship between price levels and the quantity of output that firms are willing to produce.

In the short-run, aggregate supply responds to the fluctuation of demands by changing the use of current inputs in the production process. In the short-run, the level of capital is fixed and a company cannot generate new working capital to increase the production efficiency.

When union aggressively pushes the wages up, this will put firms in difficult position because they have to allocate more costs to direct labors and wages expenses. Because the limitation of working capital, the only way out for those firms are to increase their product's prices and lower their production output.

This condition will shifted the Short-run aggregate supply curve and resulted in higher prices and lower output in the short-run.

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Related Questions

convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the residual value of the fixed asset is to be ignored: (a) 4 years, (b) 8 years, (c) 10 years, (d) 16 years, (e) 25 years, (f) 40 years, (g) 50 years. if required, round your answers to two decimal places. yearspercentage a.4 yearsfill in the blank 1 25 % b.8 yearsfill in the blank 2 12.50 % c.10 yearsfill in the blank 3 10 % d.16 yearsfill in the blank 4 % e.25 yearsfill in the blank 5 4 % f.40 yearsfill in the blank 6 2.50 % g.50 yearsfill in the blank 7 %

Answers

Assume initial cost is $100. Then we will get straight-line depreciation rate in percentage directly as:

a. 4 years ? = 100/4 = 25%

How do you calculate straight-line depreciation?

The depreciable base of a fixed asset is divided by its useful life to determine straight-line depreciation. The depreciable base is the discrepancy between the total costs of an asset and its anticipated salvage value at the end of its useful life.

In order to determine the asset's straight-line rate, simply subtract the salvage value from the asset's cost to obtain total depreciation, then divide that amount by useful life to obtain annual depreciation. For example: annual depreciation = (purchase price - salvage value) / useful life.

Similarly for others:

b. 8 years ? = 100/8 = 12.5%

c. 10 years ? =  10%

d. 16 years ? =  6.25%

e. 25 years ? =  4%

f. 40 years ? =  2.5%

g. 50 years ? =  2%

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each business unit and department should have a clear understanding of the of the whole firm and have a departmental that complements and aids the overall execution of the firm.

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Each business unit and department should have a clear understanding of the of the whole firm and have a departmental Strategy that complements and aids the overall execution of the firm.

What do you mean by Departmental Strategy? Explain.

A department or division's projects and actions that can help further develop the complete operations or areas of the business can be presented in a department strategic plan, an essential business document.

Departmental strategic plans give the department and its individual faculty members the framework to implement the higher-level institutional strategic visions through their existing and projected activities. An organizational chart for each department should be used to start and finish the strategic planning process.

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true or false: banks keep a portion of their reserves in their own vaults.

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Banks keep a portion of their reserves in their own vaults statement is true as asked in the question.

What does the word "bank" mean?

Bank, a business that deals with money and its alternatives and offers other services involving money. A bank accepts deposits and disburses loans in its capacity as a financial intermediary.

What are the roles of banks?

A bank's job is to collect deposits from the general public and use those deposits as collateral for loans that support the growth of commerce, industry, and agriculture. Bank receives higher interest rates on loans and advances from depositors while paying lower interest rates to depositors on their deposits.

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(B) The concept of derived demand of labor means that
supply for labor will increase from a demand for output. (incorrect)
demand for labor is created from a demand for a good or service
demand for labor is decreased from a demand for output.
A) The effects of a poverty trap can be reduced by ________.
limiting the number of participants in the program (Incorrect according to homework)
not imposing work requirements as a condition of receiving benefits
initially decreasing the government payments by smaller amounts

Answers

The concept of derived demand of labor means that B. Demand for labor is created from a demand for a good or service

The effects of a poverty trap can be reduced by C. initially decreasing the government payments by smaller amounts

What is derived demand?

The term "derived demand" in economics refers to demand for a good or service that stems from demand for another, related, or distinct good or service.

The demand for that product or service is the only link between derived demand and a product's or service's ability to acquire or produce another good or service.

Derived labor demand means that as the demand for a good increases, so does the demand for labor required to produce the good. The impact of the poverty trap can be mitigated by decreasing government payments by a smaller amount as income rises.

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The _____ is a specific group of consumers toward which a firm directs its marketing efforts.

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The target market is the particular segment of customers (which may include businesses or individual consumers) that a company focuses its marketing efforts on.

What constitutes a target market?

A main demographic is a collection of potential buyers who you identify in order to market your goods or services to. Each subgroup can be split up into more compact units. Typically, segments are categorized according to age, region, income, and lifestyle.

Why do we choose our market?

The goal of selecting a target audience is straightforward: to focus marketing efforts by having a clear grasp of the potential buyers of a good or service. Businesses may create marketing efforts that appeal to and reach their consumer base by having a clear understanding of their target market.

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if a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be

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If a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be inelastic.

A good's quantity sought is calculated using its price elasticity of demand. Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Different elasticities are used to quantify how the quantity required changes in relation to other variables. Price elasticities are usually negative and only seldom positive. Almost always, when a product is described as having an elasticity of 2, it refers to a value of 2.

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James Rome, a California CPA practicing in California, is a sole practitioner who has his office in San Diego. James provides various bookkeeping, accounting, payroll, and tax services to
about 50 small business clients. Mary is an assistant to James and is the only employee of the firm. Which of the following is a proper form of notice to his clients regarding James' status as a Certified Public Accountant in the State of California?
A) Displaying the certificate of licensure issued by the Board in the office or the public area of the premises where the licensee provides the licensed service.
B) Any method of written notice, including a written notice that is electronically transmitted or a written notice posted at an Internet Website.
C) Providing a statement to each client to be signed and dated by the client and retained in that person's records that states the client understands the person is licensed by the California Board ofAccountancy.
D) All of the above.
E) Both a. and c. but not b.

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The proper form of notice to clients regarding his status as a Certified Public Accountant in the State of California is D. All of the above.

How is a Certified Public Accountant in the State of California to notify clients?

In the state of California, a Certified Public Accountant has several ways that they are allowed to notify their clients of their status and one of them is that they are to display the certificate of licensure issued by the Board of Accountants in California in their office or in a public place.

They can also use a handwritten notice and handwritten notices on their website or transmitted electronically also suffice. The clients can also sign and date a statement from James and in these records, the client agrees that they understand the licensing of the James by the California Board of Accountancy.

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given the following information, determine average inventory at retail. cost retail beginning inventory $3,000 $6,000 purchases 1,500 3,000 cost of goods available for sale 4,500 9,000 net sales 3,500 7000 ending inventory 1,000 2,000 multiple choice question. $4,000 $2,000 $8,000 $6,000

Answers

According to the given information, The average inventory at retail is $4,000.

The average inventory at retail = ($6,000 + $2,000 )/ 2 = $4,000

A calculation of average inventory determines the value or quantity of a specific good or group of goods over two or more specified time periods.The average inventory is the mean value of an inventory over a given time period, which may differ from the median value of the same data set.When considering overall sales volume, average inventory figures can be used as a benchmark, enabling a company to monitor inventory losses.Moving average inventory enables a business to keep track of inventory from the most recent purchase.The ability to better manage costs, sales, and business relationships makes inventory management a crucial success factor for businesses.

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_________________ tend to build extra performance attributes into products, but these attributes may not be demanded by consumers in less developed nations, where preferences are for more basic products.
Generation X and Generation Y consumers
Wholesalers in lengthy supply chains
Firms in highly developed countries
Consumers in highly developed countries

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Firms in highly developed countries: tend to build extra performance attributes into products, but these attributes may not be demanded by consumers in less developed nations, where preferences are for more basic products.

A consumer is one who purchases the product for his/her very own want and makes use of or consumes it. A client can not resell the coolest, products or services but can devour them to earn his/her livelihood and self-employment. Definition of the client. The purchaser is the only one who's the end-user of any items or services.

Consumers are people or groups that purchase products or services. The term also refers to hiring goods and offerings. they're people or other financial entities that use a good or carrier. moreover, they do not sell the items that they bought.

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Tina established her objectives in the early stages of her ad campaign. To find out whether those objectives have been met at the end of the campalgn, she will Muitple Choice arrange for peer analysis. conduct feedback anolyis. pestiest initiate content anavis. pretest

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As Tina established her objectives in the early stages of her ad campaign. To find out whether those objectives have been met at the end of the campaign, she will posttest. The Option E is correct.

What is a Posttest?

In advertising, a post-test refers to an advertising test that allows you to measure the effectiveness of an advertising campaign to ensure that all its elements, as well as the advertising investment made, have met the desired objectives.

Furthermore, in the test method, the user attempts to find out the effectiveness of an advertisement in the light of consumers evaluation of the company & its brands of product.

Full options "a. initiate content analysis. b. conduct tracking. c. conduct feedback analysis. d. arrange for peer analysis. e. Posttest."

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On January 1, Enco Co. purchases a milling machine for $15,000. The machine is expected to last seven years and have a salvage value of $1,000. Assuming the company uses the straight-line method, depreciation expense should be $_____ per year.The straight-line method is a time-based depreciation method that is the most popular because it is relatively easy to use. The depreciation expense each year will be the same.

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On January 1, Enco Co. purchases a milling machine for $15,000. The machine is expected to last seven years and have a salvage value of $1,000. Assuming the company uses the straight-line method, depreciation expense should be $ 2000 per year.

Depreciation is a non-cash expense that represents decreases in the value of fixed assets as a result of usage, time, consumption, obsolescence, wear and tear, etc. It is displayed on the income statement's debit side.

The formula used to calculate depreciation

The cost using the straight line method is depicted as follows: = (Original Milling Machine Cost -

(Recovery value) + (expected useful life)

= ($15,000 - $2,000) ÷ (7 years)

= ($14,000) ÷ (7 years)

= $2,000

This approach uses the same depreciation rate for the entire remaining useful life.

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due to faster communication, transportation, and financial transactions, time and distance have decreased barriers to global marketing.

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The market for products and services as well as industrial processes are becoming more and more globally integrated.

What are transportation and communication?

Transportation is the act of moving people or things from one location to another using a mode of transportation. Conversely, communication is the transfer of knowledge or information from one source to another. (Image via Pixabay) Transport typically involves transportation infrastructure, such as roads, railroads, and air travel.

What are the advantages of lowering trade barriers globally?

Lower trade and FDI restrictions on finished goods can increase competition in the liberalized sector (s). This can assist businesses in utilizing economies of scale, enhancing efficiency, incorporating foreign technology, and innovating.

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TRUE/FALSE. credit card companies can change the rules of the account if they give the borrower 45 days notice of the change.

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TRUE:  credit card companies can change the rules of the account if they give the borrower 45 days notice of the change.

A business credit card could come with more benefits than your personal cards, such as greater cash-back or frequent-flier points, waived baggage fees, access to airline lounges, and discounts on hotels and rental cars. A general cash-back rewards card can be the best option if you don't travel for business frequently. A credit card is an electronic payment method that can be used for both consumer and commercial operations, including cash advances and purchases.

A credit card often functions as a cash or check substitute and frequently offers an unsecured revolving line of credit. One of the most significant advantages of using a credit card is the ability to pay for your purchases in low-cost EMIs.

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A company fails to record accrued wages for the current year. Which of the following statement is true?
A. Net income for the current year is understated.
B. Retained earnings for the current year is overstated.
C. Net income for the current year is correct.
D. Retained earnings for the current year is understated.

Answers

Net income and retained earnings for the current year are overestimated because expenses for the current year are understated.

Retained earnings: What are they?

After paying out dividends to its shareholders, a company's net income is what is known as retained earnings (RE).

How do net income and retained earnings differ from one another?

The money that remains for a business after operational costs are subtracted from sales is known as net income (NI) or net earnings. By deducting dividend payments to shareholders, retained earnings goes a step farther.

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match each term to the corresponding description.
a. discount rate
b. open market operations
c. reserve requirement
d. discount loans
1. rate of interest paid by private banks to the Fed
2. money lent by the Fed to private banks
3. the amount of deposits a bank must hold in reserve and cannot lend
4. the purchase or sale of bonds by the central bank

Answers

Discount rate- interest rate that private banks pay to the FedOpen market operations- the central bank's acquisition or disposition of bondsReserve requirement- deposits that a bank is required to maintain in reserve and cannot loan outDiscount loans- money that the Fed has lent to commercial banks

DefineDiscount rate- The discount rate is the interest rate that commercial banks and other depository institutions pay on loans they obtain through the discount window of their local Federal Reserve Bank.Open market operations- Open market operations (OMOs), which are the buying and selling of assets by central banks on the open market, are a crucial tool used by the Federal Reserve to implement monetary policy. The short-term objective for open market operations is decided by the Federal Open Market Committee (FOMC).Reserve requirement- The reserve requirement is the sum of money that a bank needs to keep on hand in order to cover its debts in the case of unanticipated withdrawals. Reserve requirements are a technique the central bank use to change the amount of money in the economy and impact interest rates.Discounting loans- a specific sort of loan, usually for a short period of time, in which the borrower receives money that has already been reduced by interest and other fees: Discount loans essentially charge interest on money that the borrower never receives.

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3.If the pure expectations theory of the term structure is correct, whichof the following statements would be CORRECT?a.An upward sloping yield curve would imply that interest rates areexpected to be lower in the future.b.If a 1-year Treasury bill has a yield to maturity of 7% and a 2-yearTreasury bill has a yield to maturity of 8%, this would imply themarket believes that 1-year rates will be 7.5% one year from now.c.The yield on a 5-year corporate bond should always exceed the yieldon a 3-year Treasury bond.d.Interest rate price risk is higher on long-term bonds, butreinvestment rate risk is higher on short-term bonds.e.Interest rate price risk is higher on short-term bonds, butreinvestment rate risk is higher on long-term bonds

Answers

According to the hypothesis, an investor would make the same amount of interest by purchasing two consecutive one-year bonds as opposed to one two-year bond today.

With the use of a projection of future interest rates, the expectations theory tries to assist investors in making decisions. The theory predicts the rate for short-term bonds using long-term rates, often from government bonds.

According to the Pure Expectations Hypothesis, predicted future spot interest rates are equivalent to those that can be estimated today (from observed spot rates)..

If the yield to maturity of a 1-year Treasury bill is 7% and that of a 2-year Treasury bill is 8%, the market must expect that 1-year rates will be 7.5% in a year.

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monopolistically competitive firms have an interest in persuading customers that their are unique through advertising and branding.

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Monopolistically competitive firms have an interest in  advertising and branding.

What is Monopolistically competitive firm?

Monopolistic competition can be described as one that can be seen when many companies offer competing products or services that are similar, but not perfect, substitutes.

It should be noted that the barriers to entry in a monopolistic competitive industry  can be seen to low compare to other industry, however they  an interest in  advertising and branding and the decisions of any one firm do not directly affect others.

Therefore the last option is correct.

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As a sales-team member, you earn 2% commission on any sales over $2,500. The amount of sales you earn commission on is represented by. The total commission you earn is. What composite function would you use to calculate your commission earned if you sold $6,000 worth of items?.

Answers

The commission earned on sale $6,000 worth of items is $70.

How to calculate?

For the given problem, we need to find the commission earned on a sale of $6000.  

The problem had given that we earn commission after $2500 and we earn 2% of commission.

Given,

E(x) = x - 2500

C(x) = 0.02x

In order to find, what we will actually earn, calculate C(E(x)).  

Hence,

C(E(x)) = 0.02(x-2500)  = 0.02x - 50

Therefore, now using equation to compute our earned commission,

Let's put $6000 sale.

C(E(6000)) = 0.02(6000) - 50   = 70

Hence, we will earn $70, on a $6000 sale,

What are typical referral commission percentages?

The industry average for referral commissions is typically 20% to 30% of gross profit. On the low end, a sales professional can earn his 5% of sales, whereas a pure commission structure allows him 100% commission.

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if the market above is perfectly competitive and the mr = $2, the profit/loss amount at the profit-maximizing quantity is?

Answers

If the market above is perfectly competitive and the MR = $2, the profit/loss amount at the profit-maximizing quantity is -$120.

What is perfectly competitive meant to mean?

According to economic theory, perfect competition arises when all businesses offer the same goods, the price is unaffected by market share, businesses can enter or quit the market without any barriers, consumers have entire or perfect information, and businesses are not able to set prices.

How can you tell whether a market is perfectly competitive?

In a market with perfect competition, all businesses sell the same product, all businesses are price takers, all businesses have a small share of the market, customers are aware of the nature of the goods being sold and the prices charged by each business, and there is freedom of entry and exit in the sector.

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at december 31, the records of nortech corporation provided the following selected and incomplete data: common stock (par $1; no changes during the current year). shares authorized, 500,000. shares issued, ?; issue price $22 per share. common stock account, $200,000. shares held as treasury stock, 3,000 shares, cost $20 per share. net income for the current year, $147,750. dividends declared and paid during the current year, $49,250. retained earnings balance, beginning of the year, $155,000.

Answers

The number of shares authorized to Nortech Corporation, is 500, 000 shares.

The shares issued by Nortech Corporation is 200, 000 shares.

The shares outstanding from the shares issued is 197, 000.

How to find the issued shares?

The number of shares that were authorized to be issued by Nortech Corporation is shown in the question to be 500, 000 shares. The authorized shares are the amount of shares that a company might have in total, based on their corporate charter.

The number of shares issued is the shares that Nortech Corporation decided to place into the market, from the authorized share capital.

The number of issued shares is:

= Value of common stock account / Par value of stock

=  200, 000 / 1

= 200, 000 shares

The number of shares outstanding is:

= Issued shares - Treasury stock

= 200, 000 - 3, 000

= 197, 000 shares

The rest of the question is:

Find the following figures:

Shares authorized Shares issued Shares outstanding

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which of the following product mix pricing strategies involves pricing multiple products to be sold together?

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Product bundle pricing is the pricing strategy involving pricing multiple products to be sold together.

In marketing, a product is an object, system, or service made available to consumers according to their demand. It is everything we can offer to the market to meet the wants and needs of our customers.

In retail, products are often referred to as commodities, while in manufacturing, products are purchased as raw materials and sold as finished goods. Services are also considered product types. Commodities are typically commodities such as metals or agricultural products, but commodities are also widely available on the open market.

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Just-in-time inventory assumes all of the following, except
1. Zero defects.
2. Resources will only be introduced as they are needed.
3. Just-in-time inventory presumes first-in, first-out costing.
4. Production of components only occurs only when requested further downstream in the manufacturing cycle.

Answers

Just-in-time inventory assumes all of the following, except just-in-time inventory presumes first-in, first-out costing. Hence, option (3) is relevant.

Give a brief account on  just-in-time (JIT) inventory system.

The just-in-time (JIT) inventory system is a management tactic that immediately connects supplier orders for raw materials with production schedules. By acquiring products only as they are required for the production process, which lowers inventory costs, businesses use this inventory approach to boost productivity and eliminate waste. With this strategy, producers must precisely forecast customer demand.

Efficiency is increased and inventory is reduced using the just-in-time (JIT) inventory system. JIT manufacturing techniques reduce inventory costs since manufacturers obtain the supplies and components they require for production when needed and do not incur storage expenses. If an order is canceled or not completed, manufacturers are also not left with extra inventory.

One example of a JIT inventory system is a car manufacturer that uses low levels of inventory but heavily relies on its supply chain to deliver the parts it needs to construct cars as they are needed. Because of this, the manufacturer only orders the parts needed to assemble the vehicles after receiving an order.

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When comparing loans based on the least cost when the conversion periods are the same, one can compare the actuarial or annual percentage rate. True/False

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The statement, "When comparing loans based on the least cost when the conversion periods are the same, one can compare the actuarial or annual percentage rate." is true.

The amount a corporation must pay on a recurring basis to meet its pension costs is determined by actuaries using the actuarial cost approach. The cost approach and the benefit approach are the two primary formulas used to determine the payments. Both the actuarial financing approach and the actuarial cost method are terms for the same concept.

These methods take into account an employee's current pay, the number of years they have left before they retire and begin receiving benefits, the actuarial rate at which their pay grows, the portion of their final salary they will receive annually when they retire, and the likely number of years they will live to continue receiving those annual payments.

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was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. additional expenditures before construction began included $1,500 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $9,100 architect's fee, and $16,000 to put in driveways and a parking lot. (a) determine the amount to be reported as the cost of the land. cost of the land $enter the cost of the land in dollars (b) for each cost not used in previous part, indicate the account to be increased.

Answers

Cost transaction options are given below:

1) cost of a plant can be measured in cash transaction is acquisition price can be treated as cost in cash transaction

16) cost of the plant in Non-cash transaction can be measured by [cash Equivalent price is equal to the fair market value of the asset given up (1) the fail market value asset received which even is mole the clearly identifiable. can be treated as cost in non-cash transaction.

gain (of) loss to calculate gain(d) loss on the sale an asset we should compare the cash received for the asset and to compare with the book (1) carrying value less the amount of depreciation then the difference amount can be treated as gain.

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The marginal revenue curve for a monopolist ____________________ the market demand curve.A. always rises aboveB. always lies beneathC. always runs parallelD. always is the same

Answers

The marginal revenue curve for a monopolist always lies beneath the market demand curve.  Thus, option B is correct.

What is the revenue curve?

The total income multiplied by the number of items being sold gives us the average revenue. The contribution margin often is comparable to the average earnings in a perfect market. This is due to the fact that market pressures as a whole turn every member into a price-taker.

A monopolist's marginal curve of revenue generally sits below the market demand curve. Consider moving one unit below the demand curve to a little greater volume but a somewhat lower price in order to figure out why by increasing the amount down on the demand curve.

Therefore, option B is the correct option.

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Question 5 2 pts The fundamental premise of Equity theory is: A.people believe they perform better than others B.the attempt to pay individuals more equallyC.people want more rewards than others D.that people continuously monitor the degree to which their work environment is fair E.people inherently believe they are under-compensated

Answers

The fundamental premise of Equity theory is: .that people continuously monitor the degree to which their work environment is fair. Option D.

What is Equity theory?

According to the theory of motivation known as equity, employees' feeling of fairness plays a significant role in what motivates them to do their best at work. Employees keep track of the inputs and outputs of their work in a mental ledger, which they use to assess how their inputs and outputs compare to those of others.

Employees who notice a state of inequity between them and their peers will experience demotivation and distress, in accordance with Adam's Equity Theory of Motivation. An employee might get dissatisfied, for instance, if they are aware that a colleague is receiving a higher income than they are for performing the same amount of labor.

The cornerstone of equity theory is the idea that we should constantly assess how "fair" our workplace is.

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exchanging unimproved land for a warehouse is a like-kind exchange.

Answers

Because both unimproved land and warehouses are real estate, trading one for the other is regarded as a like-kind exchange.

What is a warehouse?

Warehouses are utilized by wholesalers, shipping businesses, manufacturers, importers, exporters, customs, etc. They are often large, uncomplicated buildings in industrial parks that are located on the outskirts of cities, towns, or villages. Warehouses frequently have docks for loading and unloading freight from lorries. For the purpose of loading and unloading cargo from trains, ships, and airplanes, warehouses can occasionally be designed expressly. They commonly use cranes and forklifts for moving things, which are frequently placed on ISO standard pallets before being loaded into pallet racks. The term "stored goods" refers to any materials used in manufacturing, production, or agriculture that are used as raw materials, packaging, spare parts, components, or finished goods. In India and Hong Kong, a warehouse is referred to as a "godown."

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A correct statement about transaction brokers is that they:a) represent both the buyer and the sellerb) represent neither the buyer nor sellerc) are required to disclose confidential infod) they conduct transactions without an active Real Estate license

Answers

A correct statement about transaction brokers is that they:

b) Represent neither the buyer nor seller.

Who is a transaction broker?

A transaction broker refers to the third party in a real estate transaction. one notable fact about transaction brokers is the fact that they do not represent the buyer or the seller.

Their only function is to be impartial as they provide useful information that will help the parties reach a reasonable conclusion on the subject matter in question. The transaction broker is a licensed professional and he ensures that the parties stick to the governmental regulations.

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TRUE/FALSE a de facto corporation has not substantially met the requirements of the state incorporation statute, and as a result, courts do not recognize it as a corporation for most purposes.

Answers

The statement is False. A de facto corporation has not substantially met the requirements of the state incorporation statute, and as a result, courts do not recognize it as a corporation for most purposes.

De facto comes from a Latin word that means “in reality or as a remember of reality.” In legal contexts, de facto describes what definitely occurs, in contrast with de jure, which explains what the law says should occur.

An instance of something de facto is a rule that humans usually comply with although it is not a legitimate process, a defacto technique. An instance of something de facto is a person who functions as a determine even though they are no longer related to the child, a defector figure.

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You are considering purchasing a $2,000,000, 200-day issue of commercial paper with a 4% discount yield. Calculate the effective yield, assuming the security is purchased on the issue date and held to maturity:
A. 3.33%
B. 4.12%
C. 4.19%
D. 4.23%
You are considering purchasing a $2,000,000, 200-day issue of commercial paper with a 4% discount yield. Calculate the dollar amount of the discount.
A. $40,000
B. $43,836
C. $44,444
D. $45,555

Answers

The effective yield assuming the security is purchased on the issue date and held to maturity is 4.19%.

Effective Annual Yield is defined as the total profit or return on a bond received by an investor. The effective annual yield is different from the bond's nominal yield or coupon rate. Determine the market value or initial investment of stocks or bonds.

Determines income from investments. Divide market value by income. Effective Annual Yield - A simple rate of interest that an account would generate at the end of the year equal to the same amount if the account were compounded at the specified rate. Effective annual rates of return are often included in the information about investments and loans.

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