Even if the other partners were careless, the limited liability partnership is not liable for their losses or wrongdoings. Therefore, the claim is accurate.
Which companies are you referencing?
A corporation is a company whose owners choose a board of directors to manage its operations. The company's operations and financial state are under the control of the corporation, not the shareholders.
What names do the corporations have?
A corporation, sometimes referred to as a C corp, is a separate legal entity from its owners. Corporations have the capacity to generate revenue, pay taxes, and manage legal penalties. The best liability protection for owners is provided by corporations.
To know more about corporation visit:
https://brainly.com/question/28097453
#SPJ4
• Vitamins B and C are found in two different foods F1 and F2. One unit of food F1 contains 2 units of B and 3 units of vitamin C. one unit of food F2 contains 4 units of B and 2 units of vitamin C. one unit of food F1 and F2 costs $3 and $2.5 respectively. • The minimum daily requirement (for a person) of vitamin B and C is 40 and 50 units respectively. Assuming that anything in excess of daily minimum requirement of vitamin B and C is not harmful. ● Find out the optional mixture of food F1 and F2at the minimum cost which meets the daily minimum requirement of vitamins B and C. Formulate this as a linear programing problem.
Using linear programming, the optional mixture at minimum cost is x,y ≥ 0
What is Optional Mixture at Minimum CostOptional mixture at minimum cost is a process of combining a variety of materials, such as concrete, sand, gravel, and other aggregates, in order to create a mixture that is more cost-effective than buying the individual components separately. This type of mixture can be used in construction projects, road paving, and landscaping projects in order to save money.
Solving this mathematically with linear programming;
Let x be the number of units of food F1 and y be the number of units of food F2.
Minimize cost: z = 3x+2.5y
Subject to:
2x + 4y ≥ 40 (minimum requirement of vitamin B)
3x + 2y ≥ 50 (minimum requirement of vitamin C)
x,y ≥ 0 (non-negative constraint)
The linear programing problem is:
Minimize z = 3x+2.5y
Subject to:
2x + 4y ≥ 40
3x + 2y ≥ 50
x,y ≥ 0
Learn more on linear programming here;
https://brainly.com/question/13154906
#SPJ1
A newly issued bond has a maturity of 10 years and pays a 7% coupon rate (with coupon payments coming once annually). The bond sells at par value. (i) What are the convexity and the duration of the bond? (ii) Find the actual price of the bond assuming that its yield to maturity immediately increase from 7% to 8% (with maturity still 10 years). (iii) What price would be predicted by the duration rule? What is the percentage error of that rule? (iv) What price would be predicted by the duration-with-convexity rule? What is the percentage error of that rule?
A recently issued bond has a 10 year maturity and a 7% coupon rate. Gain expected is equal to (12.30*0.01) plus (0.5*272.9*(0.012)), which equals 13.66%.
What traits distinguish a mature person?Age has no influence on maturity; maturity is decided by how you choose to act and respond to various life experiences.
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 9%=(1000/(1.09^13.05))=324.78
Price of 6% coupon bond 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond 9%=(60*((1-(1.09^-13.05))/0.09)+(1000/(1.09^13.05))=774.93
Zero coupon bond
Actual loss =(324.78 - 366.29)/366.29=11.33%
Predicted loss =((-12.08*0.01))+(0.5*157.20*(0.01^2))=11.29%
Price of 6% coupon bond
Actual loss =(774.93-841.57)/841.57=7.92%
Predicted loss = (-12.30*0.01)+(0.5*272.9*(0.01^2))=10.94%
Part B
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 7%=(1000/(1.07^13.05))=413.56
Price of 6% coupon bond at 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond at 7%=(60*((1-(1.07^-13.05))/0.07)+(1000/(1.07^13.05))=916.22
Zero coupon bond
Actual gain =(413.56 - 366.29)/366.29=12.91%
Predicted gain =((12.08*0.01))+(0.5*157.20*(0.01^2))=12.87%
Price of 6% coupon bond
Actual gain =(916.22-841.57)/841.57=8.87%
Predicted gain = (12.30*0.01)+(0.5*272.9*(0.01^2))=13.66%
To know more about zero coupon bond visit:
https://brainly.com/question/29216800
#SPJ4
the sales-volume variance is sometimes due to . question 15 options: unexpected increase in manufacturing labor time unexpected increase in the use of quantities of inputs of raw material quality problems leading to customer dissatisfaction the difference between selling price and budgeted selling price
The discrepancy between the conventional fixed cost per unit and the actual price per unit
Give an explanation of variable costs and an illustration.Variable costs are prices that change according to volume. Raw materials, piece-rate labor, production supplies, commission, delivery costs, packaging equipment, and credit card fees are examples of variable costs. The term "Cost of Goods Sold" is occasionally used in accounting statements to refer to variable manufacturing expenses.
What exactly are variable and fixed costs?Definition. When a corporation produces more or fewer things, its fixed costs remain constant. This is what is meant by the term "fixed cost." A cost that will vary according to changes in production levels is known to as a variable cost.
To know more about variable cost visit:
https://brainly.com/question/27853679
#SPJ4
Partners active in a partnership business should have their share of partnership profits based on the followinga. Percentage of net income after salaries are paid to inactive partnersb. A combination of salaries plus interest based on average capital balances.c. A combination of salaries and percentage of net income after salaries and any other allocation basis.d. Salaries only
Partners active in a partnership business should have their share of partnership profits based on the following: c. A combination of salaries and percentage of net income after salaries and any other allocation basis.
A partnership is an association where parties, referred to as enterprise companions, comply with cooperation to increase their mutual interests. The partners in a partnership can be people, groups, interest-based corporations, schools, governments, or combos.
A partnership is a relationship between or more people to do trade or business. everybody contributes money, property, labor, or talent, and shares the earnings and losses of the commercial enterprise. publication 541, Partnerships, has statistics on the way to shape a partnership.
Learn more about the partnership here:
https://brainly.com/question/14034519
#SPJ4
Vertical Analysis of Income Statement
For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the
year, Leif Grando, the president, is presented with the following condensed comparative income statement:
3. PR.14-05B
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,300,000 $1,180,000
Cost of goods sold 682,500 613,600
Gross profit $617,500 $566,400
Selling expenses $260,000 $188,800
Administrative expenses 169,000 177,000
Total operating expenses $429,000 $365,800
Income from operations $188,500 $200,600
Other income 78,000 70,800
Income before income tax $266,500 $271,400
Income tax expense 117,000 106,200
Net income $149,500 $165,200
Required:
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to
one decimal place. Enter all amounts as positive numbers.
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Sales $1,300,000 % $1,180,000 %
Cost of goods sold 682,500 % 613,600 %
Gross profit $617,500 % $566,400 %
Selling expenses 260,000 % 188,800 %
Administrative expenses 169,000 % 177,000 %
Total operating expenses $429,000 % $365,800 %
Income from operations $188,500 % $200,600 %
Other income 78,000 % 70,800 %
Income before income tax $266,500 % $271,400 %
Income tax expense 117,000 % 106,200 %
Net income $149,500 % $165,200 %
2. The net income as a percent of sales has
. All the costs and expenses, other than selling expenses, have maintained their approximate cost as a percent of sales relationship between 20Y1 and 20Y2.
Selling expenses as a percent of sales, however, have . Apparently, the new advertising campaign been successful.
The increased expense produced sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales have
As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
Give a brief account on income statement.One of a firm's financial statements, an income statement displays the sales and expenses the company incurred within a specific time period. Managers and investors can determine whether a company made money during the reporting period by looking at the income statement.
Charitable organizations are not required to prepare an income statement but are instead required to disclose financial statements. Instead, they produce a comparable statement that contrasts funding sources with program costs, overhead costs, and other operating commitments. The declaration of actions is another name for this sentence. The donor constraints on the funds received and spend are used to further categorize revenues and expenses in the statement of activities.
To solve the question.
1. Comparative Income Statement and working note are attached below.
2. As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
However, the percentage of selling expenses to sales has gone up. It appears that the new marketing initiative has been successful.
To know more about, income statement, visit :
https://brainly.com/question/14308954
#SPJ1
monetary policy, banks will discover that their reserves are below those required and that the federal funds rate has increased.
A bond purchase is possible. The most significant and efficient approach to raise the money supply out of these three is by purchasing bonds. Bank lending must be decreased if the federal fund is to shrink the money supply.
Federal funds, often known as fed funds, are surplus reserves that commercial banks and other financial institutions deposit with regional Federal Reserve banks. These funds can subsequently be loaned to other market players that lack the necessary cash on hand to fulfill their lending and reserve needs. Since the majority of these loans are issued for the overnight period, they are unsecured and have a relatively low interest rate known as the federal funds rate or overnight rate. Commercial banks' daily reserve requirements—the sum of money they must have on hand at their local Federal Reserve—are met in part thanks to Fed funds. Each bank's reserve needs are determined by the amount of client deposits it currently has.
learn more about federal fund here:
https://brainly.com/question/29761058
#SPJ4
which of the following is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back? a stock option greenmail self-dealing on-the-job consumption risk capital
The statement that is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back is: B. Greenmail.
What is Greenmail?Greenmail can be defined as the way of buying more shares or additional shares from a company so as to make it look like another company what to takeover which inturn will enables the company to rebuy or repurchase the same shares as a premium because of the fear of been taking over.
Some investors tend to engage in this act buy trying to threaten a company with what is called hostile takeover.
Greenmail is a source of generating wealth based on the fact that corporate raiders will tend to push companies to change their corporate techniques to the one that will be of benefit to stockholders.
Therefore we can conclude that the correct option is B.
Learn more about greenmail here:https://brainly.com/question/13798855
#SPJ1
1.A casual dining chain has experienced over 100 cases of food poisoning in several U.S. cities. The parent company of the chain immediately acknowledged the situation and relayed information about its ongoing investigation. The spokespeople stressed that "our primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a(n) __________ issue.
Multiple Choice
• an advertorial
• public relations
• event marketing
• network marketing
• indirect advertising
As the spokespeople stressed that "their primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a public relations issue. The Option B is correct.
What is public relations in marketing?In marketing, public relations means set of techniques and strategies related to managing how information about an individual or company is disseminated to the public and most especially the media. The primary goals of public relations are to disseminate important company news or events, maintain a brand image and put a positive spin on negative events to minimize their fallout.
A company public relations may occur in the form of press release, news conference, interviews , social media posting etc. Every entity operating in the public eye faces spread of information about them or their practices to the public.
In conclusion, as public relations is an industry unto itself, any attempt to portray oneself in a certain way to others can be considered a form of public relations.
Read more about public relations
brainly.com/question/20313749
#SPJ1
Which of the following is true regarding the board of directors of a corporation?
A. Corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as any other information affecting the operation of the corporation.
B. Corporate directors have an absolute right of inspection to access the corporation's books and records, but not facilities and premises.
C. Corporate directors do not have an absolute right of inspection to the corporation's books and records, or the facilities and premises.
D. Corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as other information only if the shareholders vote by majority vote to allow such access.
E. The articles of incorporation may limit the right of the board of directors to inspect the corporation's books and records, and facilities and premises, as well as other information.
The true statement about the board of directors of a corporation is that the corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as other information only if the shareholders vote by majority vote to allow such access. The Option D is correct.
What Is Board of Directors (B of D)?In an organization, the board of directors are the governing body of a company, elected by shareholders in the case of public companies to set strategy and oversee management. They meets at regular intervals. Every public company have a board of directors but some private companies and nonprofit organizations also a board of directors.
Generally, the board of director makes decisions as a fiduciary on behalf of the company and its shareholders. Some issues that fall under board's purview include the hiring and firing of senior executives and their compensation, dividends, major investments, and mergers and acquisitions.
Read more about Board of Directors
brainly.com/question/17487527
#SPJ1
The marginal cost of a monopolist is constant and is R10. The marginal revenue curve is given as follows:
MR = 100 - 2Q
The profit-maximizing price is.
To find the profit-maximizing price, we need to find the quantity at which the marginal cost equals the marginal revenue. At this point, the monopolist will be maximizing profits because any additional unit sold will result in a decrease in profit due to the higher marginal cost.
How to calculate for the same?
We can set the marginal cost equal to the marginal revenue and solve for the quantity:
MC = MR
R10 = 100 - 2Q
2Q = 100 - R10
2Q = 90
Q = 45
We can plug this quantity back into the marginal revenue equation to find the corresponding price:
MR = 100 - 2Q
MR = 100 - 2 * 45
MR = 10
So the profit-maximizing price for the monopolist is 10.
What is revenue curve?A revenue curve is a graphical representation of the relationship between the quantity of a product or service that is sold and the total revenue that is generated. It shows how the total revenue changes as the quantity of the product or service increases. In economics, the revenue curve is used to understand how changes in the quantity of a product or service sold can affect the total revenue of a business.
To know more about Revenue Curve visit:
https://brainly.com/question/28233890
#SPJ4
Which of the following days are counted as personal use days for a dwelling unit? (Check all that apply.)
a. A friend of the taxpayer stays in the home and pays a below market rental rate.
b. The home is available for rent, but is NOT actually rented out.
c. A friend of the taxpayer stays in the home and pays a fair market rental rate.
d. A relative of an owner stays in the home and pays a fair market rental rate.
e. The taxpayer or other owner resides in the unit.
f. A relative of an owner stays in the home for free.
The days are counted as personal use days for a dwelling unit are,
A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.What is dwelling unit?A housing unit, also known as a dwelling unit, is a building, a portion of a building, or a space that is used by one or more persons who maintain a shared household and use it as their home, place of residence, or sleeping quarters. A habitation, also known as a residence or abode, is a self-contained lodging arrangement used as a home by one or more households. Examples of dwellings include houses, apartments, mobile homes, houseboats, vehicles, and other "substantial" structures. A house is a place where someone lives. Dwellings include condos, apartments, and houses. The definition of residence is not surprising if you are aware that to dwell is to live somewhere:The days are counted as personal use days for a dwelling unit are,
A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.To learn more about dwelling unit refer to:
https://brainly.com/question/29489404
#SPJ4
The two most basic policies associated with employment stability are: *
1 poin
employment for life and guaranteed minimum wage.
full-time and part-time.
incentive plans and piece-rate plans.
follow demand exactly and hold employment constant.
job enrichment and job enlargement.
The two most basic policies associated with employment stability are follow demand exactly and hold employment constant. Option D is correct.
What is Employment Stability?Employment stability is the length of time an employee works at their current position without being let go. In order to encourage a sense of employment stability, companies must take action.
Five Strategies for Finding More Employment Stability:
Focus on what is effective. Learn to keep work and life separate.Join the journeys together.At the very least, fix the technical issues.Pay attention to the inner voice.However Companies may improve retention, attract top talent (word spreads when employees know that their employment is stable), and foster a productive workplace atmosphere by offering consistent, stable positions to workers.
Thus Option D is correct.
Learn more about Employment Stability refer:
https://brainly.com/question/28325905
#SPJ1
according to the video lectures, members of societies with individualistic values .
According to the video lectures, members of societies with individualistic values values personal goals and independence
What is meant by the individualistic values?Autonomy, freedom, self-actualization, assertiveness, and a sense of individuality are all examples of individualist values. Collectivism, which is said to be more prevalent in non-Western countries, is based on interpersonal interactions that foster social cohesion through the proper performance of roles, responsibilities, and obligations.
Individualistic values, on the other hand, prioritize the interests of the individual over the interests of members of the in-group and the outsiders; as a result, they place more value on an individual's independence, self-reliance, and self-realization than on the interests of the community, society, or country.
When you describe someone as individualistic, you're referring to their preference for thinking and acting independently of others rather than following in their footsteps. A culture can also be characterized as individualistic if it promotes such behavior. most creatives
Read more on individualistic values here: https://brainly.com/question/454904
#SPJ1
refers to having other people help you by reading the draft and communicating with you about its strengths and weaknesses.
Evaluating is the process of getting assistance from others by having them read your manuscript and discuss its advantages and disadvantages with you.
What does assessing accomplish?A programmed, precise, intervention, or initiative's effectiveness in achieving its objectives can be studied scientifically by using evaluation. Evaluations help identify the aspects of a programme or effort that are successful and those that could be improved.
What is an illustration of evaluation?Review Sentence Samples He paused to inspect the gold-plated jeweler. In order to make rescue efforts easier, assess the run-out beneath the rapid. To employ in the driver, we first examine a variety of compression algorithms. I look for opportunities, he claimed.
To know more about evaluating visit:
https://brainly.com/question/28404595
#SPJ4
As a component of the capitalization of future earnings or cash flows method, the future earnings or cash flows as estimated by the valuation analyst:O exclude any compensation to the owner(s) of the business O exclude any income or expense items generated from non-operating assets and liabilitiesO are based only on the historical results of operations in the fiscal year O closest to the valuation date are always calculated on an after-tax basis
The future earnings or cash flows as estimated by the valuation analyst must exclude any compensation to the owner(s) of the business, any income or expense items generated from non-operating assets and liabilities, and any extraordinary items such as one-time gains or losses. The future earnings or cash flows should be based only on the historical results of operations in the fiscal year closest to the valuation date.
It is a method of business valuation that is based on the expected future earnings or cash flows of the business. This method is used calculate the current value on based of estimation of the business by capitalizing the future earnings or cash flows at a discount rate that is appropriate to the level of risk associated with the business.
To know more about cash flow method click here
https://brainly.com/question/29768594
#SPJ4
12. if an asset-price bubble begins to form, assuming the central bank responds, how is it likely to respond, and what will be the effect on the mp curve? mishkin, frederic s. economics of money, banking and financial markets, the (what's new in economics) (p. 512). pearson education. kindle edition.
Raising interest rates is the appropriate response to developing equity or real estate price bubbles.
Although it is never popular, officials must do this if they are to fulfil their responsibility of stabilising the financial and economic system. The culprits behind some of the most disastrous recessions in history are asset price bubbles. Asset bubbles that were followed by severe economic downturns include the stock market bubble of the 1920s, the dot-com boom of the 1990s, and the real estate bubble of the 2000s.
When an asset bubble explodes, it can be extremely disastrous for people and firms who invested too late. Asset price bubbles are comparable to Ponzi or pyramid schemes in this way. When asset bubbles burst, investors' net worth is destroyed, and exposed enterprises fail, potentially igniting a chain reaction of debt deflation and financial panic that can spread to other areas of the economy and produce the recessionary phase of higher unemployment and decreased output.
Know more about economic here:
https://brainly.com/question/14787713
#SPJ4
suppose nike and adidas are considering whether to develop new advertising campaigns. for each pair of strategies, the blue triangle at the top of each square shows nike's payoff and the yellow triangle at the bottom of each square shows adidas's payoff, in billions. use this information to complete the sentences.
The best outcome for Nike is to Advertise and for Adidas to not Advertise
If Adidas chooses not to advertise, their best result will happen if Nike chooses not to advertise. The Nash equilibrium for this advertising game is for Nike to choose to Advertise and for Adidas to not Advertise What does marketing in a firm entail?Marketing your company through advertising is one strategy to boost sales or enhance audience awareness of your goods or services. Your advertising may contribute to a customer's initial perceptions of your company before they interact with you and make a purchase.
Advertising is an effective technique that you may use to draw clients, educate them about your products, and gain their trust. The majority of businesses utilize some form of advertising to market their goods and services.
The benefit of advertising are:
Increased customer reachincrease consumer knowledge of your brand and company.promote the advantages of your goods and services.provide details about your company.Therefore, Nike will be better off without advertising as their sales are up based on the table but Adidas have to advertise if they want to bring their sales up.
Learn more about advertising from
https://brainly.com/question/14227079
#SPJ1
Recognition of a recourse liability will make a loss on sale of receivables larger than it would otherwise have been. True
I Recourse Liabilities means any obligation, guaranty or indemnity by a Member under any loan to the Company or any Operating Company.
What is the recognition of liabilities?Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to repossess the pledged collateral if the borrower fails to meet the debt obligation. The lender's legal right to collect is referred to as recourse. Lenders benefit from recourse lending because they are guaranteed some repayment, whether in cash or liquid assets.
Companies that use recourse debt have a lower cost of capital because lending to that firm carries less underlying risk. Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to collect on the loan.
To learn more about Recognition refer to:
https://brainly.com/question/28427592
#SPJ4
the c shellsort() function takes an array of gap values as a parameter. the array must contain a gap value of to guarantee proper sorting.
If the collection of gap values contains 1, ShellSort will correctly sort an array using that collection. the InsertionSort method The normal insertion sort is identical to interleaved with a gap of 1.
How does Shellsort work?
An expanded variant of the insertion sort algorithm is shell sort. In order to lessen the distance between the components to be sorted, it first sorts those that are far apart from one another. Based on the chosen sequence, the space between the pieces is compressed.
What is gap size in shell sort?We start by selecting a gap size, which establishes the distance between the values in a subsequence. In the case of a starting gap size of 6, for instance, the first subsequence would contain values at positions 1, 7, 13, 19, and so forth, whereas the second subsequence would contain values at positions 2, 8, 14, 20, and so forth.
To know more about Shellsort visit: brainly.com/question/23609675
#SPJ4
Fredo is an ethically challenged attorney. While he was in law school, he was investigated for allegedly cheating a few times, but managed to graduate because nothing was ever proven. After obtaining his law license, Fredo's practices continued to be ethically questionable. He often used tacles that challenged the limits of professional responsibility. One of Fredo's clients was an older gentleman, Vieta 96 year-old multi- millionaire real estate investor. Viet was dealing with legal issues involving a complicated divorce related to his extramarital relationship with a local real estate developer, Staria. Viet had been experiencing considerable physical and mental health challenges for the past four years, and he heavily relied on Fredo to manage his personal affairs and provide business advice Viet was deeply in love with Starla, but also passionately committed to ensuring the continued success of the family business on which his four children and eight grandchildren depended. Fredo told Viet that he could arrange matters so that Viet could happily live out his final years in the Caribbean with Start Butto for this to happen, Viet would have to pay a large legal fee to Fredo, and 2name Fredo as a major beneficiary in Viet's will; and (3) give Fredo power of attorney over all of Vier's assets, including his ownership shares in the business Viet agreed to Fredo's demands. He gave Fredo power of attorney and changed his will so that upon his death, Fredo would receive half of Viers estate. The other half went to Start Viet also paid the unusually large legal fee. At that point, Fredo agreed to proceed with negotiations in Vier's divorce. Shortly after the divorce, Viet had a severe heart attack and immediately died. QUESTION Which of the following is true regarding Fredo's dealing with Viet? o Fredo has unduly influenced Viet. o Fredo has committed fraudulent misrepresentation and caused Viet to experience duress o Fredo tres caused Viet to experience duress. o Fredo tios caused Viet to experience duress and unduly intuenced Viet o Fredo has not committed any wrongdoing, unless it can be proven that Viet locked mental capacity during his transactions with Fredo: In that case, Fredo nas caused Viet to experience duress.
Note that in the above case study, it is correct to state that ""Fredo has unduly influenced Viet and caused Viet to experience duress." Hence, his acts can be termed as highly unethical.
What is undue influence in law?A contract is said to be induced by "undue influence" when the parties' relations are such that one of the parties is in a position to dominate the will of the other and exploits that position to gain an unfair advantage over the other.
Undue influence is illegal. However, it is a hard issue with few convictions. However, excessive influence is a form of constructive fraud.
Thus, besides crossing the boundaries of professional limits, Fredo can be charged for fraud in the above case.
Learn mroe about undue influence:
https://brainly.com/question/15250833?
#SPJ1
The dollar-value LIFO cost-to-cost retail ratio does not include O purchases. O beginning inventory. O net markups and markdowns. O ending inventory
The dollar-value LIFO cost-to-cost retail ratio does not include all the options
The dollar-value LIFO cost-to-cost retail ratio is a measure of the relationship between the cost of goods sold (COGS) using the last-in, first-out (LIFO) method and the retail value of the items sold. It is calculated by dividing the COGS using the LIFO method by the retail value of the goods sold.
The method does not include purchases, or beginning or ending inventory, as these items are not relevant to the ratio calculation. The ratio only considers the cost of goods sold and the retail value of the goods sold during a specific period of time. Further, the net markups and markdowns are not included in the calculation of the dollar-value LIFO cost-to-cost retail rate Markups and markdowns refer to the difference between the cost of goods and their selling price and are not considered part of the cost of goods sold.
Read more about LIFO on:
https://brainly.com/question/26428647
#SPJ4
For a monopolistically competitive firm in long-run equilibrium:
a. price will equal marginal cost.
b. price will equal average total cost.
c. marginal revenue will exceed marginal cost.
d. economic profits will be some positive amount.
For a monopolistically competitive firm in the long-run equilibrium price will equal the average total cost. Thus, option 'B' is the correct option.
What happens to price in long run in monopolistic competition?In long-run equilibrium, a monopolistically competitive firm's pricing will be equal to its average total cost. A monopolistically competitive corporation never generates any economic profits in the long run. The price is equal to the average total cost when a producer is earning no economic profits, or P = ATC.
Businesses in monopolistic competition continue to produce at a level where marginal cost and marginal income are equal over the long term. But when more businesses enter the market, the demand curve will have moved to the left.
Learn more about monopolistic competition, here:
https://brainly.com/question/29407851
#SPJ1
the shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
The balance sheets display a company's assets, liabilities, and owner's equity at a particular time.
what is a balance sheet?A balance sheet is a financial statement that lists the assets, liabilities, and shareholder equity of a corporation at a certain point in time. Balance sheets serve as the foundation for calculating investor return rates and assessing a company's financial structure.
The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as the amount of shareholder investment. To do fundamental analysis or determine financial ratios, balance sheets can be utilized alongside other significant financial accounts.
Learn more about balance sheets, from:
brainly.com/question/26323001
#SPJ1
Your question is incomplete, probably the complete question is-
The _____ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
Answer:
balance sheet
Explanation:
True or False: Upgrading, full-line selling, and cross-selling are sales strategies that work best with existing prospects.
True ,The finest sales techniques for existing clients are cross-selling, full-line selling, and true upgrading. Full-line selling is the practice of encouraging buyers to use a product's most recent or higher-quality iteration.
Describe the cross-selling approach.Cross-selling is the practice of persuading clients to buy a product that goes well with the items they are presently purchasing. For instance, you may sell them a keyboard to match with their new computer display if they buy one. A salesperson in a brick and mortar store has traditionally performed this task.
When would cross-selling be used?Cross-selling is a marketing and sales strategy employed throughout the consumer journey to encourage consumers to spend more by selecting an item that is complementary or connected to the current purchase. Increasing revenue per order through cross-selling is indeed a relatively low-lift strategy.
To know more about Cross-selling visit:
https://brainly.com/question/13031409
#SPJ4
Derive the evolutionary equation for debt-to-GDP ratio from the government budget constraint and explain how to reduce it (I've attached a picture of in class notes)
Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]
What is Gross Domestic Product ?GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period.
According to the given information
Government Budget Constraint:
[tex]B_t-B_{t-1}=r B_{t-1}+G_t-T_t \text { - (1) }[/tex]
[tex]where $B_t=$ Debt in year $t$ (current year $=t$ )[/tex]
[tex]$B_{t-1}[/tex] = Debt in year t-1.
[tex]$T_t[/tex] = Taxes in year t
Now, Let [tex]$y_t[/tex] = Income in year t.
[tex]$\frac{B_t}{y_t}=$[/tex] Debt Ratio or Debt-to-4DP ratio.
from equation (1), we have
[tex]B_t & =r B_{t-1}+B_{t-1}+G_t-T_t \\[/tex]
[tex]& =(1+r) B_{t-1}+G_t-T_t[/tex]
We adjust the equation's two sides for income [tex]y_{t}[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_{t-1}}{y_t}+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_t-1}{y_t} \times\left(\frac{y_{t-1}}{y_{t-1}}\right)+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+r) \frac{B_{t-1}}{y_{t-1}} \times\left(\frac{y_{t-1}}{y_t}\right)+\frac{G_t-T_t}{y_t}-(2)[/tex]
Now, let g be the % change in y
[tex]& g=\frac{y_t-y_{t-1}}{y_{t-1}} \\\Rightarrow & g=\frac{y_t}{y_{t-1}}-1 \\[/tex]
[tex]\Rightarrow & \frac{y_t}{y_{t-1}}=1+g \\\Rightarrow & \frac{y_t-1}{y_t}=\frac{1}{1+g}[/tex]
Put [tex]$\frac{y_{t-1}}{y_t}$[/tex] in equation (2), we get
[tex]\frac{B_t}{V_t}=\frac{(1+\gamma)}{(1+g)} \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}[/tex]
We know, [tex]$\frac{1+x}{1+y} \approx 1+x-y$[/tex]
[tex]& \text { So, } \frac{B_t}{y_t} \approx(1+\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}-4 \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=\frac{B_{t-1}}{y_{t-1}}+(\gamma-g) \frac{B_t-1}{y_{t-1}}+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}-\frac{B_{t-1}}{y_{t-1}}=(\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t} \quad[/tex] Hence proved
Equation (4) is the evolutionary equation for Debt_to-4DP Ratio. where [tex]$G_t-T_t=$[/tex] Primary Deficit
[tex]\Rightarrow \frac{G_t-T_t}{y_t}[/tex] = Primary deficient ratio
Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]
To know more about GDP
https://brainly.com/question/15682765
#SPJ4
Movements along versus shifts of demand curves
Event:
A change in the expectations of consumers about prices.
A decrease in the number of consumers.
An increase in the price of donuts.
An increase in the number of consumers.
A change in tastes of consumers that makes them desire more hot dogs.
A decrease in the price of hot dogs.
A decrease in the price of cereal
a change in tastes of consumers that makes them desire more cereal
an increase in the price of milk (a complement for cereal)
shift; shift; movement along
shift; shift; movement along
Movement along; shift, shift
The demand curve for donuts shows the relationship between the price of donuts and the quantity of donuts demanded by consumers, assuming that all of the determinants of demand are held constant. The following list displays determinants of demand, which are the factors that affect the quantity of donuts consumers want to buy at a given price: price of a related good (complement or substitute), income of consumers, tastes of consumers, number of consumers, expectations of consumers.
The movement of the demand curve as hot dog prices decline. a shift in consumer preferences that increases their appetite for hot dogs.
What is consumer preferences?Consumer preference refers to decisions made by consumers to increase their level of satisfaction. Although consumers can choose some of the products they purchase, they are not always able to get exactly what they want.The theory of consumer preference has been around for many years. It has been used to explain consumer behavior. The application of consumer preference can be done in a variety of ways, including marketing, advertising, product design, etc.According to the theory, consumers are affected by their own preferences, other people's preferences, and the environment in which they make decisions. In addition to social norms and cultural values, which can be viewed as social pressure to adhere to particular behaviors or beliefs, consumers are also influenced by these factors.To learn more about beliefs refer to:
https://brainly.com/question/1233007
#SPJ4
Ducto is a small company in Aurora, CO that makes duct-tape wallets. Ducti discovered that there is a large demand for these type of wallets and has, in fact, decided to expand its product line to include bags as well. Clearly, some consumers have a favorable evaluation of Ducti products. To have a favorable evaluation, the first step for consumers is
To have a favorable evaluation, the first step for consumers is to experience problem recognition
Problem recognition is an important first step in the process of evaluating commodities as a consumer. It occurs when a consumer realizes they have a need or desire that is not met by their current products. This realization can trigger the consumer to evaluate potential solutions to their problem or need.
Problem recognition can be influenced by a variety of factors, such as personal experiences, advertising, recommendations, and changes in one's circumstances or environment. Once a problem has been recognized, the consumer may begin to search for information and evaluate potential solutions to determine which one best meets their needs and preferences. In the given case, since there was a large demand for wallets, then only Ducti decided to expand its product line.
Read more about problem recognition on:
https://brainly.com/question/13371536
#SPJ4
a researcher studying small town religiosity in the united states randomly selected 10 states. from these states, he randomly selected one tenth of all counties. from these counties, he randomly selected one tenth of cities with populations smaller than 10,000. from these towns, he obtained lists of all houses of worship and randomly selected three. from these, he selected ten practitioners to be interviewed. in this example, states and counties are examples of _____.
In this example, states and counties are examples of CLUSTERS.
WHAT IS CLUSTER SAMPLING?Researchers divide a population into clusters, or discrete groupings, during cluster sampling. To create a sample, they then randomly choose individuals from these clusters.
Large populations, especially those that are widely geographically distributed, are frequently studied using cluster sampling, a probability sampling technique. The pre-existing units that researchers typically utilize as their clusters are cities or schools.
The benefits of cluster sampling:
1.It is the most cost- and time-effective probability design for broad geographic areas.
2.From a practical standpoint, this strategy is simple to apply.
3.Due to the improved accessibility of prospective sample group members, a larger sample size can be utilized.
To know more about cluster sampling visit:
https://brainly.com/question/24317746
#SPJ4
with approximately 83 percent of design business, is the most commonly practiced interior design specialty
With approximately 83% of design business, office is the most commonly practiced interior design specialty.
What does interior design entails?This refers to art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is the person that plans, researches, coordinates, and manages such enhancement projects.
Further, an interior design is a profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design.
As well, profession of an interior design has been a consequence of the development of society and the complex architecture that has resulted from the development of industrial processes.
Read more about interior design
brainly.com/question/26406702
#SPJ1
Marketers can influence the outcome of the evaluation stage of the consumer purchase decision process by:
A. attempting to convince consumers that certain attributes are more important than others in deciding which product to buy from among an array of them.
B. identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.
C. trying to get the customer to reduce the size of the evoked set to exclude many of the choices.
D. attempting to convince the consumer to spend more than what was budgeted for the purchase to acquire more features they might prefer.
The correct answer is option (B)
which is identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.
By determining which evaluative factors are significant to the individual and emphasising which brand best fits those criteria, marketers can affect the outcome of the assessment stage of the consumer purchase decision process.
A prospective buyer may stop the process at any point before making the actual purchase once it has begun. The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items. Complex decision-making is what is meant by this.
To know more about assessment, click the below link
https://brainly.com/question/28046286
#SPJ4
