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Sipan Retail Company was recently created with a beginning cash balance of $12,000. The owner expects the following for the first month of operations: Cash sales to customers...... $8,000 Sales on account to customers..... $30,000 $12,000 Cash collected from account customers. Cost of merchandise purchased..... $35,000 $24,500 Cash paid for merchandise purchased.. Cost of merchandise sold $26,600 Cash paid for display cases. $9,600 Selling and administrative expenses $4,000 The display cases above were purchased at the beginning of the month and are being depreciated at a rate of $200 per month. This amount is included in the selling and administrative expenses figure above. All other selling and administrative expenses are paid as incurred. Sipan wants to maintain a cash balance of $10,000. Any amount below this can be borrowed from a local bank as needed in increments of $1,000. All borrowings are made at month end.

Answers

Answer 1

Net cash flow (inflows - outflows): $20,000 - $99,700 = -$79,700

Since the net cash flow is negative, indicating a cash deficit, Sipan Retail Company needs to borrow funds to maintain its desired cash balance of $10,000.

To analyze the cash position of Sipan Retail Company and determine if any borrowing is needed, we can summarize the cash inflows and outflows for the first month of operations.

Cash inflows:

Cash sales to customers: $8,000

Cash collected from account customers: $12,000 (part of the sales on account)

Total cash inflows: $8,000 + $12,000 = $20,000

Cash outflows:

Cost of merchandise purchased: $35,000

Cash paid for merchandise purchased: $24,500

Cost of merchandise sold: $26,600

Cash paid for display cases: $9,600

Selling and administrative expenses: $4,000 (includes $200 depreciation for display cases)

Total cash outflows: $35,000 + $24,500 + $26,600 + $9,600 + $4,000 = $99,700

Net cash flow (inflows - outflows): $20,000 - $99,700 = -$79,700

Since the net cash flow is negative, indicating a cash deficit, Sipan Retail Company needs to borrow funds to maintain its desired cash balance of $10,000.

To reach the target cash balance of $10,000, the company would need to borrow $10,000 - (-$79,700) = $89,700 from the local bank at the end of the month.

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Related Questions

Given a compounding frequency which is greater than 1, which of the following would hold true? Select one: a. Effective rate > Nominal rate b. Effective rate c. None of these d. Nominal rate e. More information needed to determine a correct answer f. Effective rate < Nominal rate

Answers

Option a is correct, a. Effective rate > Nominal rate.

Given a compounding frequency which is greater than 1, the correct option is: a. Effective rate > Nominal rate. The nominal interest rate is a percentage of the borrowed or deposited amount that is to be paid as interest to the lender. It is the stated interest rate with no compounding. For instance, if a bond is advertised with an 8% annual interest rate, that is the nominal rate. The effective interest rate is the actual interest rate paid or earned over a period, and it includes the effects of compounding. The effective rate accounts for the nominal interest rate, compounding frequency, and the number of compounding periods per year. Thus, the effective interest rate is the actual amount of interest that a person will pay or receive after compounding the interest. It is higher than the nominal rate. Given a compounding frequency greater than 1, the effective rate would be higher than the nominal rate. The more frequent the compounding, the higher the effective rate. The effective rate would only be equal to the nominal rate if the compounding frequency was once a year. Therefore, option a is correct a. Effective rate > Nominal rate.

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Which of the following is not a genuine concern about the issue of
rising international debt

Answers

One potential concern about rising international debt is that it may lead to an increased risk of default by debtor countries, which could cause financial instability and negatively impact global economic growth.

Another concern is that as more resources are devoted to servicing debt, the ability of governments to fund essential public services such as education, healthcare, and infrastructure may be compromised. Additionally, high levels of debt may limit the ability of governments to respond to future economic downturns or crises.

Another genuine concern is that rising international debt may result in a disproportionate burden being placed on future generations. If government borrowing continues to increase, future generations will be responsible for repaying the debt and the associated interest payments, potentially limiting their ability to pursue their own economic and social priorities.

However, one concern that is not genuine is that rising international debt will always lead to hyperinflation. While excessive money printing can indeed lead to inflation, not all forms of debt lead to this outcome.

For example, borrowing to finance long-term investments like public infrastructure projects can stimulate economic growth without causing inflation if the projects generate sufficient returns. Thus, it is important to assess each situation individually rather than assuming that rising debt will always lead to hyperinflation.

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Which one of the following is most likely to increase the WACC of a firm that has both debt and equity in its capital structure?
A. Decrease the firm's beta
B. Increase yield on preferred stock
C. Increase the tax rate
D. Decrease the cost of debt

Answers

Increasing the tax rate would increase the cost of debt for the firm. Since the cost of debt is a component of WACC, an increase in the tax rate would lead to a higher WACC for the firm. So, the correct answer is option C.

WACC is calculated by taking into account the cost of equity, cost of debt, and their respective weights in the firm's capital structure.

Since the cost of debt is tax-deductible (interest expense reduces taxable income), a higher tax rate effectively reduces the tax shield provided by the interest expense. This, in turn, increases the after-tax cost of debt, leading to a higher overall WACC.

Decreasing the firm's beta (option A) would actually lower the cost of equity, reducing the WACC. Increasing the yield on preferred stock (option B) affects the cost of preferred stock, which is typically a small component of the overall capital structure.

Therefore, it would have a minimal impact on the WACC. Decreasing the cost of debt (option D) would also lower the WACC, as the cost of debt is a component of WACC.

So, the correct answer is (C) "Increase the tax rate" as it would most likely increase the WACC of a firm with both debt and equity in its capital structure.

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In relation to the supply of a service to a joint operation by one of the joint operators, which of the following statements is correct?
a. A joint operator can recognise 100% of the earnings through the supply of services to the joint operation.
b. A joint operator cannot earn a profit on supplying services to itself.
c. A joint operator is entitled to recognise a profit from the supply of services to itself.
d. A joint operator is not able to recognise the service revenue or service cost for the services supplied to the joint operation.

Answers

The correct statement is:

c. A joint operator is entitled to recognize a profit from the supply of services to itself.

Explanation:

In a joint operation, where multiple parties participate and jointly control the operation, a joint operator is entitled to recognize a profit from the supply of services to itself. Each joint operator contributes resources and services to the joint operation, and they are allowed to earn a profit on the services they provide, including when the services are supplied to the joint operation itself.

Option a is incorrect because the joint operator cannot recognize 100% of the earnings from the supply of services as there are other participants in the joint operation.

Option b is incorrect because a joint operator can indeed earn a profit on supplying services to itself.

Option d is incorrect because a joint operator is generally required to recognize the service revenue and service cost for the services it supplies to the joint operation, as long as they meet the criteria for revenue recognition and are at fair value.

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True or False?
17. [3] From a static view (point in time), the retail sales tax
is a regressive tax as measured by
retail sales tax payments as a share of income.

Answers

True. From a static view, the retail sales tax is considered a regressive tax when measured by retail sales tax payments as a share of income.

A regressive tax is one that takes a larger proportion of income from low-income individuals compared to high-income individuals. In the case of the retail sales tax, it is often considered regressive from a static perspective.

When looking at the impact of the retail sales tax on different income groups, lower-income individuals tend to spend a larger portion of their income on goods and services subject to the tax.

Since the retail sales tax is typically applied uniformly to the purchase price regardless of income level, it means that lower-income individuals end up paying a higher percentage of their income in retail sales tax compared to higher-income individuals.

This regressive nature of the retail sales tax can be seen by examining the tax payments as a share of income. Lower-income individuals, who have a smaller income, may end up paying a higher proportion of their income in retail sales tax compared to higher-income individuals who have a larger income.

Therefore, from a static view (point in time), the retail sales tax is considered a regressive tax when measured by retail sales tax payments as a share of income.

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Nora's salary would not adequately cover their living expenses and the costs of his computer repair courses, he had begun to do small plumbing and carpentry jobs for people in the neighbourhood. If the children were sick, he would try to make arrangements with Mrs Phillips, the next door neighbour, to take care of the children when he had a repair job to finish. By now Sam's temporary job had lasted for a month. It consisted of routine plumbing work on a major office remodelling project. At 6.30 p.m. when he returned home, he found Nora crying in the living room. The children were crying too and apparently they were hungry. As he looked closely at his wife, Sam saw that she had a bruised cheek. Nora then explained how the irate father of her failed student barged into her classroom as she was preparing to leave for home at 4.30 p.m. He said that she had to change his son's mark because failing the course might mean that he would be held back for a year. Nora had said that she couldn't change his mark and he would have to take up the matter with the school's principal. The boy's father had blocked her exit from the classroom. A security guard had heard the father's threatening remarks and he called the police. While the boy's father had not hurt Nora in any way, nonetheless, she was so unnerved by the experience that she had tripped and fallen on her way out of the building. In the fall she had bruised her cheek. She told the police that she did not wish to pursue the matter in any way. However, she had to attend a meeting with both of his parents, the school principal and a security guard tomorrow at 9 a.m. Nora told Sam that she did not want to go to the meeting and that she could not stand the idea of being in the same room with the boy's parents, particularly his father. As Sam saw the pain on his wife's face and the nervousness in her voice he understood why she wanted to leave.
Answer ALL the questions in this section.
Question 1. What are the five stressors that are at work on Sam and Nora. Provide reasons for your answer making reference to the case study?
Question 2. Given their current circumstances, is it possible for Sam and Nora to overcome their difficulties? What recommendations would you make to them?

Answers

Sam and Nora are facing financial, childcare, emotional, relationship, and career stressors. They can overcome their difficulties by seeking financial assistance, building a support network, seeking legal advice and counseling, and planning for long-term stability.

Question 1:

The five stressors affecting Sam and Nora are:

1. Financial stress: Nora's salary is insufficient to cover living expenses and the costs of Sam's computer repair courses, leading Sam to take on additional jobs for income.

2. Childcare stress: Sam relies on Mrs. Phillips to care for their children while he works, which adds to their responsibilities and potential challenges in managing their schedules.

3. Emotional stress: Nora's encounter with the irate father and her subsequent fall and bruised cheek have left her emotionally distressed and anxious about attending the meeting with the boy's parents.

4. Relationship stress: The strain of their financial situation and Nora's emotional distress can impact Sam and Nora's relationship, potentially leading to conflict and further stress.

5. Career stress: Sam's temporary plumbing job may not provide long-term stability or desired career growth, adding uncertainty and insecurity to their situation.

Question 2:

It is possible for Sam and Nora to overcome their difficulties with proper support and planning. Recommendations for them include:

1. Seeking financial assistance: Exploring financial aid, scholarships, or part-time jobs for Nora to increase their income and alleviate their financial stress.

2. Developing a support network: Seeking help from friends, family, or community resources for childcare assistance to reduce the burden on Sam and Nora.

3. Seeking legal advice: Consult a lawyer to understand their rights and options regarding the incident with the irate father, ensuring they make informed decisions about pursuing the matter further.

4. Seeking counseling or therapy: Both Sam and Nora could benefit from professional help to address the emotional distress caused by their circumstances and develop coping strategies.

5. Planning for long-term stability: Sam could consider furthering his education or training in a field with better job prospects, ensuring they have a more stable income in the future.

By implementing these recommendations, Sam and Nora can work towards overcoming their difficulties, improving their financial situation, reducing stressors, and fostering a more stable and supportive environment for their family.

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Describe the gaps between real GDP per person in the United States and in other countries For which countries is the gap narrowing? For which is it widening? For which is it the same? This question: 1 point possible Since 1980, the gap between the United States and : _________
A Russia and between the United States and Nigeria narrowed, the gap between the United States and Mexico widened, and the gap between the United States and the Europe Big 4 remained relatively constant OB Mexico namowed, the gap between the United States and Russia widened, and the gap between the United States and the Europe Big 4 remained relatively constare OC. Russia narrowed, the gap between the United States and Mexico widened, and the gap between the United States and Nigeria remained relatively constant OD. Canada narrowed, the gap between the United States and Mexico widened, and the gap between the United States and Nigeria remained relatively constant

Answers

Since the 1980s, the real GDP per person gap between the US and both Russia and Nigeria has shrunk, while the gap with Mexico has grown. The gap with the Europe Big 4 has stayed stable.

Over the past decades, various economic reforms and the globalization process have allowed Russia and Nigeria to achieve higher growth rates, thereby reducing their GDP per person gap with the United States. Conversely, economic instability and inequality issues in Mexico have resulted in the gap widening. As for the Europe Big 4 (Germany, France, UK, Italy), their economies have advanced alongside the US, keeping the GDP per person differential relatively unchanged.

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one way a small firm can succeed against larger competitors is to:

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One way a small firm can succeed against larger competitors is to differentiate its product.

To stand out from the competition, a small firm should create a unique product that offers more value to customers than its competitors' products. When a small firm creates a unique product, it is easier to differentiate it from the competition.

The differentiation may be in the form of superior quality, more features, better performance, or a better price point. The goal of differentiation is to create a product that is more desirable than the competition. This allows the small firm to charge a premium price for its product and capture a larger market share.

By differentiating its product, a small firm can create a competitive advantage and become a leader in its market segment. A small firm can also use its size to its advantage by being more agile and responsive to market changes than larger competitors.

This allows the small firm to adapt quickly to changing market conditions and stay ahead of the competition.

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If fixed costs are $210,000, variable costs were 65% of sales, and sales were $1,000,000. Operating profit would be: O $200,000 O $310,000
O $140,000 O $150.000

Answers

The operating profit would be C. $140,000. To calculate the operating profit, we need to subtract the total costs from the sales revenue. In this case, the fixed costs are given as $210,000.

Variable costs are stated to be 65% of sales, which means they would be 0.65 * $1,000,000 = $650,000.

The total costs can be found by adding the fixed costs and the variable costs: $210,000 + $650,000 = $860,000.

To calculate the operating profit, we subtract the total costs from the sales revenue: $1,000,000 - $860,000 = $140,000.

Therefore, the operating profit would be $140,000. This represents the amount of money left over after covering all the costs associated with the business operations. It indicates the profitability of the company before considering taxes, interest, and other non-operational expenses.

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Present the three-sector model from Marthinsen: Financial
Sector, Goods and Services Sector, and Foreign Exchange Sector.
Describe the components of each sector.
2 pages recommended

Answers

The three-sector model from Marthinsen comprises of the financial sector, goods and services sector, and foreign exchange sector. Here's a detailed description of each sector. Financial Sector. The financial sector is also known as the primary sector.

It deals with providing various kinds of loans to individuals and companies. The financial sector comprises of different types of institutions such as commercial banks, savings and loan associations, credit unions, investment banks, and insurance companies.

It is responsible for supplying credit, money, and other financial services to households, businesses, and governments. The primary function of the financial sector is to mobilize savings, allocate capital, manage risk, and enable transactions.

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Gamma Corporation has a headquarters building that originally cost the company $500,000. The current estimated price of the building is $2,000,000. The President would like to report the difference as a gain. The write-up would represent a violation of which accounting assumption or principle? Revenue Recognition Principle Monetary Unit Assumption Full Disclosure Historical Cost Principle Going Concern Assumption

Answers

The write-up of the building's value by Gamma Corporation's President as a gain would represent a violation of the Historical Cost Principle in accounting.

The violation in this scenario is related to the Historical Cost Principle. The Historical Cost Principle states that assets should be recorded and reported at their original cost when acquired. It emphasizes the importance of using the original cost as a reliable and verifiable basis for financial reporting.

In this case, the President wants to report the difference between the original cost of $500,000 and the current estimated price of $2,000,000 as a gain. However, doing so would deviate from the Historical Cost Principle. The principle requires that the value of an asset should be recorded based on its original cost, not its current market value or any subsequent changes in value.

By reporting the difference as a gain, the President would be disregarding the principle's requirement to maintain consistency in the accounting treatment of assets. The principle ensures that financial statements provide a faithful representation of the company's financial position, and violating it could mislead users of the financial statements by inflating the reported gains or distorting the true value of the asset.

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Suppose that you borrow $125,000 using a 15-year loan with an annual interest rate of 4% with monthly payments and monthly compounding. What will the balance be for this loan at the end of the 6th year? $75,000 $83,744 $58,428 $83,59

Answers

The correct answer is $83,744. The balance of the loan at the end of the 6th year is approximately $83,744.11.

To calculate the balance of the loan at the end of the 6th year, we can use the formula for the balance of a loan with monthly compounding:

Balance = Principal * (1 + Monthly Interest Rate)^Number of Payments - Monthly Payment * [(1 + Monthly Interest Rate)^Number of Payments - 1] / Monthly Interest Rate

First, let's calculate the monthly interest rate by dividing the annual interest rate by 12:

Monthly Interest Rate = 4% / 12 = 0.04 / 12 = 0.0033333333333333

Next, let's calculate the total number of payments for 15 years:

Total Number of Payments = 15 years * 12 months/year = 180 payments

Now, we can plug these values into the formula:

Balance = $125,000 * (1 + 0.0033333333333333)^72 - Monthly Payment * [(1 + 0.0033333333333333)^72 - 1] / 0.0033333333333333

Using a financial calculator or spreadsheet software, we can calculate the monthly payment using the loan details:

Monthly Payment = $1,051.65

Plugging in the values:

Balance = $125,000 * (1 + 0.0033333333333333)^72 - $1,051.65 * [(1 + 0.0033333333333333)^72 - 1] / 0.0033333333333333

After performing the calculation, the balance of the loan at the end of the 6th year is approximately $83,744.11.

Therefore, the correct answer is $83,744.

(Note: The calculations are rounded to the nearest two decimal places.)

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Which type of layout is specifically designed to encourage employees to interact? a. warehouse b. job shop c. open office d. retail e. repetitive/continuous.

Answers

The type of layout that is specifically designed to encourage employees to interact is the open office.

What is an Open Office Layout?

An open-office layout is a floor plan that prioritizes collaborative workspaces and desks over private offices. It features an open space that emphasizes communication and collaboration between employees. In an open office layout, employees are more connected to one another, making it easier to share knowledge and build relationships. Furthermore, an open office design improves the flow of information between employees, increasing their productivity and morale.

The advantages of an open-office layout are that it promotes interactivity, communication, creativity, and knowledge-sharing. It saves space, improves employee interaction, and decreases noise. Open office designs encourage a more cooperative workplace environment where individuals may readily exchange ideas and communicate with each other, leading to a more efficient work environment.

Therefore, the correct option is c. open office.

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Question 23:
Options expire on the _____ of the expiration month.
A) last Friday of the month at close of business day
B) last trading day
C) 3rd Friday of the month at close of business
day
D) Saturd

Answers

Options expire on the 3rd Friday of the month at close of business day. This is the standard expiration date for most options contracts.

Options contracts have a predetermined expiration date, after which they become void. The expiration date is typically on the 3rd Friday of the expiration month, and the options cease to exist after the market closes on that day.

This means that if you hold an options contract, you must exercise or sell it before the expiration date to realize any potential gains. It's important to note that some types of options, such as weekly options, may have different expiration dates. However, for most options, the 3rd Friday of the month at the close of business day is the expiration date to keep in mind.

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the price of a factor of production that is in fixed supply is called

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The price of a factor of production that is in fixed supply is called a "rent." Rent is the payment made to owners of the fixed factor for its use in the production process.

In economics, factors of production refer to the resources used in the production of goods and services. These factors include land, labor, capital, and entrepreneurship.

While the supply of land is generally considered fixed because its quantity cannot be increased, the price of land is determined by its scarcity and demand. Land rent arises from the scarcity of land and its alternative uses. As the demand for land increases, its price, or rent, rises. The fixed supply of land means that its price is determined by the interaction of demand and supply forces in the market.

Rent plays a crucial role in the allocation of resources and the determination of factor prices in an economy. It represents the return earned by owners of land for its productive use and reflects the economic value of its location and quality.

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2. Imagine that a large number of consumers are uniformly distributed along a boardwalk that is 1 mile long. Hint: "Uniformly distributed" is a mathematical expression which refers to the uniform distribution of a continuous random variable. In this exercise, it essentially describes a situation such that • half of the consumers are located along the first half mile of the boardwalk, and the other half of the consumers are located along the second half of the boardwalk; and • in general, x% of the consumers are located along the first x/100 miles of the board- walk, where a can take any value between 0 and 100. Ice-cream prices are regulated, so consumers go to the nearest vendor because they dislike walking (assume that at the regulated prices all consumers will purchase an ice cream even if they have to walk a full mile). If more than one vendor is at the same location, the vendors split the business evenly. • Consider a game in which two ice-cream vendors pick their location simultaneously. Show that there exists a unique pure-strategy Nash equilibrium and that it involves both vendors locating at the midpoint of the boardwalk. 2 points

Answers

A unique pure-strategy Nash equilibrium exists when both ice cream vendors are located at the midpoint of the boardwalk.

What is the unique Nash equilibrium for ice cream vendors on the boardwalk?

In the scenario described, where consumers are uniformly distributed along a 1-mile boardwalk, a unique pure-strategy Nash equilibrium can be found. This equilibrium occurs when both ice cream vendors choose to locate themselves at the midpoint of the boardwalk.

To understand why this is the case, let's consider the perspective of the vendors. Since consumers dislike walking, they will always choose the nearest vendor, even if it means walking the full mile. If one vendor were to choose a location closer to either end of the boardwalk, they would only capture the consumers in that half-mile section, while the other vendor would capture the remaining consumers in the other half-mile section.

This situation creates an incentive for both vendors to choose the midpoint location. By locating themselves at the midpoint, each vendor ensures they capture exactly half of the consumers. Any deviation from this strategy would result in a disadvantage for the vendor who chooses a location away from the midpoint.

Therefore, the unique pure-strategy Nash equilibrium emerges when both vendors select the midpoint of the boardwalk. This equilibrium guarantees an equal share of customers for each vendor, maximizing their potential business.

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Describe how variable costs and fixed costs behave in total and on a per unit basis.
What is the high low method used for and how does it relate to CVP analysis?
Define contribution margin, unit contribution margin, contribution margin ration and explain how they are used in CVP analysis including determining break even.

Answers

Variable costs and fixed costs are different in the sense that they behave differently in total and on a per unit basis. Variable costs and fixed costs behave in total and on a per-unit basis as follows: Variable Costs: Variable costs are costs that vary with output. This means that variable costs are a function of the amount produced; as a result, total variable costs fluctuate in direct proportion to output changes, whereas variable costs per unit remain constant.

The variable costs increase or decrease in direct proportion to the change in the activity level. The increase in activity level increases variable costs while the decrease in activity level decreases variable costs. On a per unit basis, variable costs remain constant. Fixed Costs: Fixed costs, on the other hand, are costs that do not fluctuate with the change in production. Fixed costs per unit decrease when production increases because total fixed costs remain the same, and the denominator (number of units) increases. The fixed costs remain constant at any activity level, while on a per-unit basis, fixed costs decline as activity levels increase. The high-low method is used to estimate the cost behavior of mixed costs. The cost behavior is separated into its fixed and variable cost components in this approach. The high-low method entails analyzing cost data from periods of high and low activity levels to determine variable and fixed costs. The costs for the high and low levels are used to determine the variable cost rate and the total fixed cost.

The contribution margin is the amount of revenue that is left over after the variable costs of producing goods and services are subtracted from the revenue. Unit contribution margin is the contribution margin earned per unit of product sold. Contribution margin ratio is the ratio of contribution margin to sales revenue. Contribution margin and contribution margin ratio are used in CVP analysis to determine break-even and to examine the effects of changes in price, cost, and volume on profit. In the short term, break-even analysis estimates the sales revenue needed to cover all of a company's expenses and determine the minimum sales revenue needed to break even.

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I. FINANCIAL MARKETS AND FINANCIAL INSTITUTIONS, FINANCIAL
STATEMENT, CASH FLOWS AND TAXES.
II. FINANCIAL STATEMENT ANALYSIS AND RISK AND RETURNS
III. TIME VALUE OF MONEY AND COST CAPITAL
IV. BONDS AND STOCK VALUATION

Answers

Financial statement analysis involves evaluating a company's performance, while bond and stock valuation determine their respective values.

In the field of money, understanding monetary business sectors and monetary foundations is pivotal. Monetary business sectors give a stage to trading different monetary instruments, like stocks, bonds, and items.

Monetary organizations, including banks and venture companies, work with these exchanges and give a scope of administrations like credits, speculations, and protection.

Fiscal summaries are fundamental instruments for dissecting an organization's monetary wellbeing. They incorporate the pay proclamation, monetary record, and income articulation. These assertions give bits of knowledge into an organization's benefit, resources and liabilities, and incomes, individually.

Incomes are fundamental for evaluating an organization's liquidity and capacity to meet its monetary commitments. Positive incomes show a solid business, while negative incomes can flag monetary misery.

Charges assume a huge part in monetary direction. Understanding expense regulations and guidelines assists people and organizations with enhancing their duty methodologies, limit charge liabilities, and amplify after-charge benefits.

Fiscal summary investigation includes assessing budget reports to survey an organization's presentation, benefit, and generally speaking monetary wellbeing. It helps financial backers, loan specialists, and different partners go with informed choices.

Chance and return examination is pivotal for financial backers. It implies evaluating the potential dangers related with a venture and the potential returns it can produce. Financial backers mean to adjust hazard and return by differentiating their portfolios and taking into account factors like instability and economic situations.

The time worth of cash is a principal idea in finance. It perceives that the worth of cash today is worth more than a similar sum in the future because of the open door cost of deferred utilization or speculation. Understanding the time worth of cash assists people and organizations with pursuing sound monetary choices and assess speculation open doors.

Cost of capital alludes to the expense of getting assets for speculation purposes. It is the expected pace of return that an organization should procure on its ventures to fulfill its financial backers and loan specialists. Ascertaining the expense of capital assists organizations with surveying the practicality of speculation activities and pursue choices in regards to capital design.

Bonds and stock valuation are key ideas in finance. Esteeming securities includes deciding their current worth in light of their future incomes and limiting them utilizing a fitting rebate rate. Stock valuation, then again, includes surveying the inborn worth of an organization's stock by breaking down its monetary execution, development prospects, and economic situations.

In outline, understanding monetary business sectors, monetary organizations, fiscal reports, incomes, charges, budget summary examination, hazard and returns, time worth of cash, and bond and stock valuation are fundamental for settling on informed monetary choices and dissecting the exhibition of organizations and venture open doors.

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A Consulting Company receives all payments for consulting services from its customers in advance. The Consulting Revenue appeared on the Income Statement at $86,000 and Unearned Consulting Revenue decreased by $12,000 during the period. Determine the Cash received in advance from customers for consulting services to be provided.
a) Cannot be determined
b) $98,000
c) $86,000
d) $74,000

Answers

The correct answer is option (d) $74,000.

The cash received in advance from customers for consulting services to be provided is $74,000. Given, Consulting Revenue = $86,000Unearned Consulting Revenue decreased by $12,000 (i.e., $12,000 consulting services were provided)We need to determine the Cash received in advance from customers for consulting services to be provided. We know, Unearned Revenue + Revenue Earned = Total Revenue So, we can write the equation as:$X + $74,000 = $86,000 (since $12,000 consulting services were provided)Here, $X represents the amount of cash received in advance from customers for consulting services to be provided .$X = $86,000 - $74,000$X = $12,000Therefore, the cash received in advance from customers for consulting services to be provided is $74,000.

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Technology and product innovation, tend to deliver small-caliber advantages in comparison to management innovation.
O True
O False

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The given statement, "Technology and product innovation tend to deliver small-caliber advantages in comparison to management innovation" is False.

Technology and product innovation may produce long-term strategic advantages, which is distinct from management innovation, which focuses on the improvement of management practices. In today's business world, technology and product innovation have become significant aspect of the business environment as they allow companies to remain competitive, relevant, and adaptable.

Organizations can introduce new products and services, streamline production processes, and automate operations by incorporating innovative technology into their operations. This can enhance efficiency and productivity, reduce production costs, and improve overall competitiveness. As a result, it can offer significant advantages to the organization.

Management innovation, on the other hand, focuses on enhancing and enhancing an organization's internal processes. Management innovation involves using unique strategies to motivate employees, creating collaborative environments that promote innovation, developing new organizational structures, and improving communication between employees and management. It results in a more dynamic, adaptive, and responsive organization, which can lead to sustainable, long-term success.

The statement given is incorrect as technology and product innovation can provide significant advantages, but management innovation can also contribute to significant and sustainable success. It is crucial to have a balance of both innovation types to create a successful and competitive organization.

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Which of the following is your highest priority action for ensuring overall safety during medication administration?
1. Have another nurse check the dose you will give
2. Teach the patient about possible adverse effects
3. Identify the patient by two acceptable methods
4. Confirm that the patient can swallow adequately

Answers

Out of the four options given, identifying the patient by two acceptable methods is the highest priority action for ensuring overall safety during medication administration.

What is medication administration? Medication administration is a vital part of the nursing process. Nurses' responsibility in medication administration includes verifying medication orders, ensuring safe medication administration, and assessing the patient's response to the medication. This process is designed to avoid medication errors and patient injury. The priority action for ensuring overall safety during medication administration is to identify the patient by two acceptable methods before providing any medication.

Identifying the patient by two acceptable methods helps to ensure the correct medication is administered to the right patient. These methods may include asking the patient to state their name, date of birth, or providing a wristband with the patient's name and date of birth. The other options, such as having another nurse check the dose you will give, teaching the patient about possible adverse effects, or confirming that the patient can swallow adequately, are

all important but not the highest priority for ensuring overall safety during medication administration.

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Write any vocational skill for any grant to be given
by the World Bank on how to alleviate poverty.

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Vocational Skill: Agricultural Training and Farming Techniques, Entrepreneurship and Business Development Training

To alleviate poverty, the World Bank could provide grants to support vocational skill training programs focused on entrepreneurship and business development. This vocational skill would empower individuals with the knowledge and tools to create and grow their own businesses, ultimately generating income and improving livelihoods.

Entrepreneurship training would equip participants with essential skills such as business planning, financial management, marketing, and market research. By teaching individuals how to identify viable business opportunities, develop sustainable business models, and navigate the challenges of starting and managing a business, this vocational skill would foster economic self-sufficiency and create employment opportunities.

Entrepreneurship education has proven to be effective in poverty reduction by enabling individuals to take control of their economic future. It encourages innovation, fosters self-reliance, and contributes to the overall development of local economies. Moreover, entrepreneurship skills can be applied across various sectors, empowering individuals to address specific community needs and contribute to sustainable development.

To ensure the effectiveness of this vocational skill, the World Bank should partner with local institutions, NGOs, and business development organizations to deliver tailored training programs that consider the specific needs and context of the target communities. Access to microfinance and mentorship support can also enhance the chances of success for aspiring entrepreneurs.

By investing in entrepreneurship and business development training, the World Bank can empower individuals with the skills and knowledge needed to break the cycle of poverty, stimulate economic growth, and create long-term sustainable solutions for poverty alleviation.

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What is the differential cost for the following: (an increase in costs is negative, a cost-savings is positive) a) The equipment (new or old) both have a 5 year life b) The new equipment costs $15,000 less annually to operate c) The new equipment costs $85,000 to purchase d) The operation supervisor costs $50,000 per year e) The old equipment cost $50,000 and can be sold for $25,000

Answers

The differential cost for the following:

a) The differential cost for the equipment (new or old) is $75,000.

b) The differential cost for annual operating costs is -$15,000.

c) The differential cost for the purchase of new equipment is $85,000.

d) The differential cost for operation supervisor cost is 0.

e) The differential cost for selling old equipment is -$25,000.

Differential cost refers to the difference between the cost of two alternative choices. In this question, we are given five terms: The equipment (new or old) both have a 5 year life, The new equipment costs $15,000 less annually to operate, The new equipment costs $85,000 to purchase, The operation supervisor costs $50,000 per year and The old equipment cost $50,000 and can be sold for $25,000.

Now, let's calculate the differential cost for each of the options:

a) Differential cost for the equipment (new or old): New Equipment: $85,000+$15,000=$100,000Old Equipment: $50,000-$25,000=$25,000New Equipment cost - Old Equipment cost = $100,000 - $25,000 = $75,000.The differential cost for the equipment is $75,000.

b) Differential cost for annual operating costs: Annual saving for the new equipment = $15,000So, the differential cost for annual operating costs is -$15,000.

c) Differential cost for the purchase of new equipment: Purchase cost of new equipment = $85,000. Therefore, the differential cost for the purchase of new equipment is $85,000.

d) Differential cost for operation supervisor cost: The differential cost for operation supervisor cost is 0.

e) Differential cost for selling old equipment: Selling price of the old equipment is $25,000 and cost is $50,000.

Therefore, differential cost for selling old equipment is -$25,000.

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The world economy is on the verge of a deep recession, but different countries have different responses. Inflation and economic contraction are global and all countries, except Turkey, increase the interest rate. Almost all countries have lower growth rates and increasing unemployment but in
US employment increases. Does the retum of American capital to US, a safe heaven, which
increases the interest rate, has a role in this process? If so, why the bond res increase, and the stock market is down?

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The current world economy is in a state of a deep recession, and different countries have different responses. Global inflation and economic contraction have led to countries increasing their interest rates.

Almost all countries have lower growth rates and increasing unemployment, with the exception of the US, where employment has increased. There are a few factors that may explain the discrepancy between the US and other countries, such as the return of American capital to the US, which is considered a safe haven.

This increases the interest rate, which can attract more capital and investment. However, this does not necessarily explain why the bond market has seen an increase while the stock market has gone down. One possible explanation for this phenomenon is that investors are seeking safe assets to invest in.

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Derek will deposit $1,441.00 per year for 24.00 years into an account that earns 11.00%. The first deposit is made next year. How much will be in the account 24.0 years from today?
Derek will deposit $4,485.00 per year for 30.00 years into an account that earns 13.00%, The first deposit is made next year. How much will be in the account 34.00 years from today?

Answers

The value in Derek's account after 24.0 years would be $101,791.33. The value in Derek's account after 34.0 years would be $330,096.82.

To calculate the future value of the account, we can use the formula for the future value of an ordinary annuity:

FV = P * ((1 + r)^n - 1) / r

Where:

FV is the future value of the account

P is the annual deposit

r is the interest rate per period

n is the number of periods

For the first scenario, Derek will deposit $1,441.00 per year for 24.0 years into an account that earns 11.00%. Plugging the values into the formula, we get:

FV = $1,441 * ((1 + 0.11)^24 - 1) / 0.11 = $101,791.33

For the second scenario, Derek will deposit $4,485.00 per year for 30.0 years into an account that earns 13.00%. Plugging the values into the formula, we get:

FV = $4,485 * ((1 + 0.13)^34 - 1) / 0.13 = $330,096.82

Therefore, after 24.0 years, Derek's account would have a value of $101,791.33, and after 34.0 years, the account would have a value of $330,096.82.

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On April 12, 2020, Prism Ltd., a camera lens manufacturer, paid cash of $565,400 for real estate plus $30,600 cash in closing costs. The real estate included land appraised at $181,800; land improvements appraised at $90,900; and a building appraised at $333,300. Present the journal entry to record the purchase.

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The journal entry to record the purchase of real estate by Prism Ltd. on April 12, 2020, would be as follows:

Date        Account                             Debit        Credit

Apr 12    Land                                 $181,800

Apr 12    Land Improvements            $90,900

Apr 12    Building                              $333,300

Apr 12    Cash                                   $565,400

Apr 12    Cash                                   $30,600

The purchase of real estate by Prism Ltd. on April 12, 2020, involved cash payment for the property and closing costs. To record this transaction in the journal, we need to account for the different components of the real estate and the corresponding cash outflows.

Firstly, we allocate the cash paid for the land, which was appraised at $181,800. This is debited to the Land account, indicating an increase in the asset. Similarly, we allocate the cash paid for land improvements, which were appraised at $90,900. This amount is debited to the Land Improvements account.

Next, we allocate the cash paid for the building, which was appraised at $333,300. This is debited to the Building account, representing the increase in the value of the building asset.

Finally, we record the cash outflows. The total purchase price of the real estate, $565,400, is credited to the Cash account to reflect the decrease in cash. Additionally, the closing costs paid in cash, totaling $30,600, are also credited to the Cash account.

By making these journal entries, we ensure that the purchase of real estate and the associated cash transactions are accurately recorded in Prism Ltd.'s financial records.

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The aerospace topic you are considering for your research project (my choice is Aviation culture and safety issues) Address what interests you about your proposed topic, and what question you are trying to answer, or what problem you are trying to solve, through your intended research.

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The impact of organizational culture on safety outcomes in the aviation industry.

How does organizational culture influence safety performance and what strategies can be implemented to enhance safety culture in the aviation industry?

The interest in the proposed topic of aviation culture and safety issues lies in recognizing the crucial role of organizational culture in ensuring safety within the aviation industry. Culture plays a significant role in shaping behaviors, attitudes, and decision-making processes, which directly impact safety outcomes.

Understanding how different cultural factors influence safety practices can lead to the development of effective strategies to enhance safety culture. The primary question to be answered through the intended research is how organizational culture influences safety performance in the aviation industry.

By examining the relationship between culture and safety, the research aims to identify specific cultural factors that contribute to safety issues and incidents. This understanding can help organizations implement targeted interventions to improve safety culture and mitigate risks.The research also seeks to explore strategies that can be implemented to enhance safety culture in the aviation industry.

By identifying best practices and successful interventions from various organizations, the research aims to provide recommendations for cultivating a strong safety culture, promoting proactive safety behaviors, and reducing accidents and incidents in aviation operations.

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5. At what point in the book do you think Congress sensed a war coming? Find evidence in the book to support your answer. book = Joanne B. Freeman’s The Field of Blood: Violence in Congress and the Road to Civil War

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In Joanne B. Freeman's "The Field of Blood: Violence in Congress and the Road to Civil War," the Congress started sensing the advent of war from the mid-1850s when tensions were high between the Northern and Southern states.

In the pre-Civil War era, Congress was the central point for national debates on important issues like slavery, territorial expansion, and the balance of power between the North and South. The Kansas-Nebraska Act, passed by Congress in 1854, opened the possibility of slavery in new territories and intensified tensions between the pro-slavery and anti-slavery factions.

Later, in 1856, Preston Brooks, a pro-slavery congressman from South Carolina, attacked Charles Sumner, an anti-slavery senator from Massachusetts, in the Senate chamber with a cane, showing that violence could also erupt inside Congress.

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This week's discussion is about one of the topics covered in chapter 19 of the textbook, purchasing power parity (PPP). PPP is a topic that comes up when we discuss trade between countries and exchange rates. If you have travelled a bit and used multiple currencies then you might have thought about this.
The textbook states that because of arbitrage opportunities and money exchange markets, we observe PPP. What that means is that you won't experience an increase in the purchasing power of your currency when you travel from one place to another. Explain three things to the group:
1. What is arbitrage and how does it help in the achievement of PPP?
2. How do money markets contribute in the achievement of PPP?
3. Why is it that in the real world, when we travel from one country to another, we actually observe violations of PPP? Meaning, if I go to Mexico, my dollars can buy me a lot more than what they could buy me in New Mexico? According to PPP that shouldn't happen.

Answers

Purchasing power parity (PPP) is a topic that comes up when discussing trade between  and exchange rates. PPP is achieved through arbitrage and money exchange markets.

Although PPP works in theory, there are several factors that may cause violations of PPP in the real world.1. Arbitrage and how it helps in the achievement of bitrage is the purchase of an asset in one market and its sale in another to profit from the price difference.

An arbitrageur buys an asset in a country with a lower price and sells it in a country with a higher price. Arbitrage helps in the achievement of PPP by reducing price differences between countries, which leads to equilibrium. When the price of a commodity is higher in one country.

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If the simple money multiplier is 20 , the required reserve ratio must be equal to a. 5 percent. b. 0 percent. c. 10 percent. d. 50 percent. e. 20 percent.

Answers

The required reserve ratio is the percentage of deposits that banks are required to hold as reserves. It determines the amount of money that banks can create through the process of fractional reserve banking.

The simple money multiplier is the reciprocal of the reserve ratio. It represents the maximum amount by which the money supply can increase based on a given increase in reserves.

If the simple money multiplier is 20, it means that for every $1 increase in reserves, the money supply can increase by $20.

To determine the required reserve ratio, we can use the formula:

Simple Money Multiplier = 1 / Reserve Ratio

Given that the simple money multiplier is 20, we can substitute it into the formula:

20 = 1 / Reserve Ratio

By solving for the reserve ratio, we find:

Reserve Ratio = 1 / 20 = 0.05 = 5%

Therefore, the required reserve ratio must be equal to 5 percent.

So the correct answer is (a) 5 percent.

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Shown below is selected information from the financial statements of Noble Computers. (Dollar amounts are in millions, except for the per share data.) Income statement information: Net sales $ 3,500 Cost of goods sold $ 1,890 Operating expenses $ 675 Net income $ 115 Balance sheet information: Average total equity $ 540 Average total assets $ 4,400 Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share. At year-end, the Wall Street Journal listed Noble's capital stock as trading at $81 per share. Noble's return on equity was: Multiple Choice 10%. 13%. 21%. 1.73%Hayden, Incorporated purchased knobs from a Greek company for 185,000 euros. On the purchase date the exchange rate was $0.80 per euro, but when Hayden paid the liability, the exchange rate was $0.70 per euro. When this foreign account payable was paid, Hayden, Incorporated, recorded a: Multiple Choice Debit to Inventory of $18,500. Loss of $18,500. 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