if $200 cash is deposited in bank a with a 10 percent reserve requirement, bank a must hold $20 back in a legal reserve account.
Because there are no legal limitations on the use of monies that have been designated as reserves, reserves are rather anachronistic. As a result, money set aside as a reserve can truly be used for anything. Reserve accounting is quite easy to do; all you have to do is credit the reserve account with the same amount that you deducted from the retained earnings account. Simply reverse the item to transfer the balance back to the retained earnings account once the activity that generated the reserve has been finished.
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In a bullseye chart, the amount by which actual unemployment and inflation differ from the Fed's target rates isA. Represented by the center of the red dotB. Found by drawing a triangle linking the center to two red dotsC. Found by looking at the position of the red dot relative to the centerD. Represented by the center of the bullseye
A represents the deviation between real unemployment and inflation rates and the Fed's goal rates in a bullseye chart. either the northwest or the southeast
What makes you ineligible for unemployment in California?
If the director determines that a person quit their most recent job willingly and without justification, or if they were fired for wrongdoing related to their most recent job, they are not eligible to receive unemployment benefits.
When should I submit an Arizona unemployment insurance claim?
You should apply for unemployment insurance (UI) benefits as soon as possible following your final day of employment since they are not retroactive. If you are still employed now,
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The majority of financing for the acquisition of land for development is most likely to come from which of the following parties?
A. Developer
B. Banks
C. Pooled equity of a limited liability corporation (LLC)
D. Insurance companies
The majority of financing for the acquisition of land for development is most likely to come from pooled equity of a limited liability corporation (LLC).
What is limited liability corporation(LLC)?
State legislation allows limited liability firms, and each state has its own set of rules controlling them. Members of an LLC are its owners.
Many jurisdictions don't impose ownership restrictions, so anyone—including people, businesses, people from other countries, foreign companies, and even other LLCs—can join. However, some organizations—including banks and insurance companies—cannot incorporate LLCs.
A formal business arrangement known as an LLC has to submit articles of formation with the state. An LLC offers greater flexibility and security for its investors than a corporation and is simpler to set up.
LLCs have the option to forgo paying federal taxes up front. Instead, the owners' personal tax returns are where their earnings and losses are declared.
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Suppose that B2B, Inc. has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 14.0 percent, 10.0 percent, and 9.0 percent, respectively.
What is B2B’s WACC if the firm faces an average tax rate of 21 percent and can make full use of the interest tax shield?
Answer:
Cost of debt after tax = (9)(1 – tax rate)
= (9) (1 –0.21)
= 7.11%
WACC = Respective cost x Respective weight
= (0.35)(14) + (0.16)(10) +(0.49)(7.11)
= 9.9839%
= 9.98% (Approx.)
Explanation: Referred to the solution above
Which of the following choices best reflects the interrelationships of the four categories of balanced Scorecard performance measures? A) Learning and growth Customer Internal business process Financial
B) Learning and growth Internal business process Financial Customer
C) Financial Learning and growth Internal business process Customer D) Learning and growth Internal business process Customer Financial Multiple choice
A. Choice B B. Choice D C. Choice C D. Choice A
The choices best reflect the interrelationships of the four categories of balanced Scorecard performance measures is A) Learning and growth Customer Internal business process Financial.
Scorecards provide management with precious insight into their company's provider and pleasant in addition to its economic track record. via measuring all of those metrics, executives are capable of educating employees and different stakeholders and offering them steering and guidance.
An employee scorecard is a management tool used to monitor a worker's performance. it's the right organizational device as it lets individuals devise, prioritize, and enforce required initiatives. It outlines every person's role and contribution to the workplace.
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the control system that addresses the assumptions that form the foundation of the organization is ____ control.
The control system that addresses the assumptions that form the foundation of the organization is informational control.
Informational controls: what are they?Information control, in its broadest sense, refers to a system where the control activities are implicit and indirect and the information provided to the controlled object takes the shape of an informative picture that it uses to formulate an ostensibly independent line of activity.
What advantages does information control offer?Improved efficiency – appropriate information at the appropriate time. Better performance and effectiveness thanks to appropriate knowledge and timing. persistent responsiveness and rivalry. increased innovation and creativity.
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The industry-low, industry-average, and industry-high branded operating benchmarks on p. 7 of each issue of the Footwear Industry Report O have the greatest value to the managers of companies earning above-average operating profits per branded pair sold in one or more geographic regions. O are of very limited value to company managers in making decisions to improve company performance in the upcoming decision round because the benchmarking data do not identify which companies have the lowest/highest costs and operating profit margins per branded pair sold. O are of great value to the managers of companies whose costs per branded pair sold are above the industry average benchmark in at least two of the four geographic regions. O always merit close attention because when these benchmarks signal that a company's cost of branded pairs sold, distribution and warehouse costs, or operating profit margins in one or more geographic regions compare unfavorably, managers are well-advised to take immediate corrective actions in the upcoming decision round. O are of particular value to the managers of companies looking for convincing evidence that their company needs to cut branded footwear prices and spend more money on marketing efforts so as to increase sales of branded footwear and gain a bigger share of the market for branded footwear in one or more of the four geographic regions.
The industry-low, industry-average, and industry-high branded operating benchmarks are of great value to the managers of companies whose costs per branded pair sold are above the industry average benchmark in at least two of the four geographic regions.
Which brand is most widely used?Samsung, a computer and electronics business, is currently at the top of the list, making it the highest-ranked non-US corporation on the list of the top 10 brands in the world in 2022. It overthrows the dominant search engine company , which comes in second.
What determines a brand's success?A few elements, such as a potent and instantly identifiable brand name, a distinct brand identity, and a clearly defined target market, contribute to the success of a brand. A successful brand also has devoted patrons who are eager to recommend it to other potential clients.
Why is branding crucial?In addition to being what leaves a lasting impression on consumers, branding is crucial since it lets customers and clients know what to anticipate from your business. It is a strategy for standing out from the competition and emphasizing what it is about what you have to offer that makes you the better option.
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while management science is a single discipline with a well-defined body of knowledge, includes the multiple disciplines that make up all of quantitative decision sciences.
Analytics includes the multiple disciplines that make up all of quantitative decision sciences. With the existence of analytics, it is hoped that good management can be created.
Analytics uses data and math to answer business questions, find relationships, predict unknown outcomes, and automate decisions. This diverse field of computer science is used to discover meaningful patterns in data and uncover new knowledge based on applied mathematics, statistics, predictive modeling, and machine learning techniques.
Analytics is a term that combines all the data analysis, collection, and presentation functions that data trackers automatically compile. This data can then be easily interpreted and applied to multiple uses to improve performance. Simply put, analytics helps us see meaningful insights and data that we might not otherwise have detected.
Business analytics focuses on using the insights gleaned from data to make more informed decisions that will help organizations increase sales, reduce costs, and make other business improvements.
The complete question:
management science is a single discipline with a well-defined body of knowledge, includes the multiple disciplines that make up all of quantitative decision sciences. then what is analytic through the management science?
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Social investing:
Group of answer choices
was more popular in the 1960s than it is today
has little impact on whether a company chooses to operate with social responsibility
is a type of corporate philanthropy
is the practice of limiting investments to companies that have ethical policies that match those of the investor
is another name for strategic giving
The correct answer is "the practice of limiting investments to companies that have ethical policies that match those of the investor".
Social investing is the practice of limiting investments to companies that have ethical policies that match those of the investor. In other words, investors only choose to invest in companies with values, practices, and products they deem to be socially responsible.
This could include companies that practice sustainability, invest in renewable energy, promote diversity, or use fair labor practices. Social investing has grown in popularity in recent years, and many investors today are looking for ways to use their money to make a positive impact on society.
Social investing is an effective way to put your money to work while also supporting causes and businesses that you believe in.
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Which of the following is NOT a characteristic of the mitigation strategy?
A risk study is a procedure for evaluating and working out the risks connected to a project. It is not a risk-reduction strategy.
What is Risk Mitigation?Risk mitigation in project management refers to the procedure and steps done by the company to lessen or regulate the effect of the risks connected to a project. In the stage of risk mitigation, a company can employ a number of different techniques.
As part of a risk mitigation approach known as risk assumption, the company insures the risk under the premise that it won't be disastrous. Risk avoidance is a risk mitigation tactic in which the company stays away from high-risk activities or initiatives. A risk mitigation method called risk limitation entails taking specific steps to limit or reduce the danger connected to a particular project or activity.
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Problem 2 Condensed income statements for Werly Corporation are shown below for two years 2016 2017 $75,000 $90,000 Sales Cost of Goods Sold Gross Profit Operating Expense Net Income 45,000 54,000 $30,000 $36,000 15,000 15,000 $15,000 $21,000 Compute the corrected net income for 2016 and 2017 assuming that the inventory as of the end of 2016 was mistakenly understated by $5,000. 2016 2017 $
The corrected net income for 2016 is $35,000 and the corrected net income for 2017 is $21,000.
How to find net income ?To compute the corrected net income for 2016 and 2017, we need to determine the effect of the incorrect inventory on the cost of goods sold for each year.
For 2016, the cost of goods sold was $45,000, and the inventory was understated by $5,000. This means that the actual inventory at the end of 2016 was $5,000 higher than reported, or $45,000 + $5,000 = $50,000. The corrected cost of goods sold for 2016 is calculated as follows:
Corrected cost of goods sold = Beginning inventory + Purchases - Ending inventory
Corrected cost of goods sold = $0 + $75,000 - $50,000
Corrected cost of goods sold = $25,000
The corrected gross profit for 2016 is calculated as follows:
Corrected gross profit = Sales - Corrected cost of goods sold
Corrected gross profit = $75,000 - $25,000
Corrected gross profit = $50,000
The corrected net income for 2016 is calculated as follows:
Corrected net income = Corrected gross profit - Operating expenses
Corrected net income = $50,000 - $15,000
Corrected net income = $35,000
For 2017, the cost of goods sold was $54,000, and the inventory was not understated. The corrected cost of goods sold for 2017 is the same as the reported cost of goods sold, or $54,000.
The corrected gross profit for 2017 is calculated as follows:
Corrected gross profit = Sales - Corrected cost of goods sold
Corrected gross profit = $90,000 - $54,000
Corrected gross profit = $36,000
The corrected net income for 2017 is calculated as follows:
Corrected net income = Corrected gross profit - Operating expenses
Corrected net income = $36,000 - $15,000
Corrected net income = $21,000
Therefore, the corrected net income for 2016 is $35,000 and the corrected net income for 2017 is $21,000.
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.
Example of dependability:
Opposite of dependability:
Why does your employer want you to demonstrate dependability?
Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.
What do you mean by Dependability?Dependability is characterized as the capacity to be trusted or depended upon.
Reliable and dependable in carrying out duties linked to the job, completing tasks given to them, and keeping appointments and deadlines. Keywords: Reliable, Consistent, and Stable. Additionally, having dependability might enhance the quality of your life. If you are dependable, people will know they can rely on you to show up on time, give an assignment your all, see it through, and even act morally when no one is looking.
Therefore, Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.
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micro tek inc. is considering an investment in new equipment that will be used to manufacture a smartphone. the phone is expected to generate additional annual sales of 4,000 units at $450 per unit. the equipment has a cost of $940,000, residual value of $20,000, and an eight-year life. the equipment can only be used to manufacture the phone. the cost to manufacture the phone follows:
The machinery can only be used to make phones. the phone's manufacturing cost increased by 155%
Which exactly is an opportunity to invest?
What it means to invest is to make a current financial commitment in the hopes of future growth. The use of capital—such as time, money, effort, etc.—with the hope of receiving a return higher than the initial investment is known as investing.
How do novice investors make purchases?
Depositing funds into an internet interest bearing account, which can later be used to purchase shares of stock in share collective investment schemes, is one of the greatest ways for novice investors to learn how to invest in stocks. You may frequently open a brokerage account and begin investing for the cost of one share.
Briefing:
Annual operating income = Sales - Manufacturing cost
= (4,000 × $450) - (4,000 × $264)
= $744,000
Average investment = (Initial cost + Residual value) ÷ 2
= ($940,000 + $20,000) ÷ 2
= $480,000
Average rate of return = Average annual operating income ÷ Average investment
= $744,000 ÷ $480,000
= 155%
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Which of the following illustrates the correct sequential stages involved in creating an effective social media plan?
A. Define strategies, identify the target audience, and set social media objectives.
B. Identify the target audience, define strategies, and set social media objectives.
C. Set social media objectives, define strategies, and identify the target audience.
d. Define strategies, set social media objectives, and identify the target audience.
Set social media objectives, define strategies, and identify the target audience illustrates the correct sequential stages involved in creating an effective social media plan.
Which of the following describes the first step in developing a successful social media plan?Setting up specific objectives and targets is the first step in developing an effective social media strategy. You cannot evaluate your success or return on investment without goals (ROI). Your social media marketing objectives should all be SMART objectives, which stand for specific, measurable, attainable, relevant, and time-bound.
Create a list of the goals you have for your social media efforts as the first stage in your measuring plan. Social media can be used for a variety of things, such as disseminating news and information, responding to client inquiries, and interacting with a community.
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A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $2,700,000. Based on this information, the a. legal capital is $2,780,000.
b. number of shares issued is 80,000.
c. number of shares outstanding is 2,780,000.
d. average price per share issued is $3.48.
Number of shares issued is 80,000.
What is shares issued?
Shares of a corporation that have been allocated and are now held by shareholders are referred to as issued shares in the fields of finance and law. Issuance refers to the process of creating new issued shares. Simply put, allocation refers to the transfer of shares to a subscriber.
In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.
So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:
Number of shares issued = (Common stock ÷ Par value)
= ($80,000 ÷ $1)
= 80,000 shares
So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.
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Ratios merely direct an analyst to potential areas of concern and it does not provide conclusive evidence as to the existence of a problem.a. Trueb. False
Ratios merely direct an analyst to potential areas of concern and it does not provide conclusive evidence as to the existence of a problem. This statement is true.
What serves as the primary goal of ratio analysis?In order to get insights into profitability, liquidity, operational effectiveness, and solvency, ratio analysis examines line-item data from a company's financial statements. Ratio analysis allows you to compare one firm to another within the same industry or sector and track how one company has changed over time.
A thorough ratio analysis can reveal patterns and help one identify problematic metrics. Such an examination won't, however, offer concrete proof that there is a problem.
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Colin was working on his budget. He had compiled his receipts, his employee's tim
others. He was now ready to assess his
Multiple Choice
income statement.
fixed budget.
assets.
liabilities.
According to the information, Colin was now ready to evaluate his income statement. Option A is correct.
What is the income statement?Corresponds to the statement of profit and loss over a period of time. That is, it is a finalized accounting document that demonstrates revenues, expenses and profitability.
Therefore, through the income statement, the individual or the company can have a real notion of its financial results during an accounting period and then make analyses, corrections and projections for a new period.
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The Hudson Corporation makes an investment of $66,700 that provides the following cash flow:
Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.
Year Cash Flow
1 $33,000 2 33,000 3 21,000 a. What is the net present value at a discount rate of 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places.)
b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
c. Would you make the same decision under both parts a and b?
Yes
No
The net present value at a discount rate of 10 percent is $6350.34, and the internal rate of return is 15.73174%.
Discount rate, (R)= 10% = 0.10
Year 1 cash flow, C1 = $33,000
Year 2 cash flow, C2 = $33,000
Year 3 cash flow, C3 = $21,000
Initial investment , I = $66,700
NPV = [ (C1/(1.10)) + (C2/(1.10)²) + (C3/(1.10)³) ] - I
= [(33000/(1.10)) + (33000/(1.10)²) + (21000/(1.10)³) ] - 66700
= [30,000 + 27272.72727 + 15777.61082] - 66700
= 6350.338092
= $6350.34
B - IRR is the rate of return for which NPV = 0
NPV = Present value of the project's cash inflows - initial investment
Putting NPV = 0
Present value of the project's cash inflows = initial investment
[(C1/(1 + IRR)) + (C2/(1 + IRR)²) + (C3/(1 + IRR)³)] = I
[(33000/(1 + IRR)) + (33000/(1 + IRR)²) + (21000/(1 + IRR)³)] = 66700
We must use the trial-and-error approach to determine IRR.
We want IRR to be such that by assuming any value and replacing it with the anticipated value in the equation above.
Left Hand side of equation(LHS) = Right hand side of equation (RHS) = 66700
By following this method we find that for IRR = 15.73174%
LHS = RHS
Hence IRR = 15.73174% or 15.73%
C - Due to the fact that NPV > 0 and IRR > discount rate, the project would be approved in both scenarios.
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Why is it important to understand the amount of setup time required for each order?
Production capacity is limited because setup time cuts into available production time.
What is Setup Time Reduction?A method of minimizing the time required to switch a process from the final component for the outgoing product to the first functional component for the incoming product. The length of time it takes to finish a setup has an impact on manufacturing since it affects how adaptable a production process is determined.
Setup period, Setup time Reduction is the amount of time between the final successful run and the start of the succeeding run. Activities during setup time do not add value to the product value. Cutting down on setup time will increase a company's capacity, manufacturing flexibility, and overall output.
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If your audience is trying to decide between competing proposals, you should use a ________ pattern of organization
Utilize a comparative advantage pattern of organization if your audience is trying to choose between competing proposals.
What do you mean by pattern of organization?A method called the organizational pattern helps you structure and arrange your ideas, thoughts, voice, and presentation for maximum impact. Effective communication and logical organisation depend on a secure connection between the sender and the recipient.
To ensure that the stated aim is achieved, the organizational structure aids in making sense of the data. It gives the information presented focus and direction, making it easier for the recipient to grasp and retain it.
The speech is more organized thanks to the organizational structure. It is a formal procedure; therefore the key ideas must be pertinent to the subject at hand and be balanced in terms of their relative importance.
Because of the organizational structure, you can choose and develop your primary points, employ the rules of clarity, support your particular objective, and ask for the audience's reaction. In order to ensure that clarity prevails at all costs, it helps to avoid chaos and confusion.
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The Journal entry to update the accounts for prepaid insurance that has expired is which of the following types of adjusting entries?
a. Prepaid item
b. Unearned Revenue
c. Accrued Expenses
d. Accrued Revenue
e. Not an adjusting entry
The Journal entry to update the accounts for prepaid insurance that has expired is prepaid item type of adjusting entries.
Prepaid insurance is a type of insurance that is paid for in advance. This type of insurance can be used to cover a wide range of risks, including health, life, and property insurance.
Prepaid insurance can be a great way to budget for future risks and protect yourself and your family from financial hardship in the event of an unexpected loss. Prepaid insurance accounts are insurance in which the policyholder pays for coverage in advance. This type of insurance can be beneficial for both the policyholder and the insurer.
Hence, the correct option is "A".
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"Tips" published in leading commercial or financial publications are unlikely to lead to profitable trades because
A) only wealthy individuals can buy stocks in the volume necessary to take advantage of tips.
B) whatever is gained by trading on the basis of tips will be taxed away by the government.
C) the news will already be reflected in the market prices of the assets.
D) the news contained in the tips is usually inaccurate.
It's doubtful that "tips" found in reputable business or financial journals will result in trades that are profitable because? Ans. B) The government will tax anything obtained from trading using tips.
In terms of money, what do tips mean?A Treasury bond known as a Treasury Inflation-Protected Securities (TIPS) is indexed to an inflationary measure to shield investors from a decrease in the purchasing power of the money. The interest payment fluctuates with the modified principal of the bond whereas the principal price of TIPS increases as inflation does.
Can tips be a loss-maker?Deflation protection is consequently provided to investors who purchase new-issue TIPS, but not to those who purchase TIPS on the secondary market. When purchasing a TIPS with an existing If the CPI starts to fall after the adjustments have been made higher, you can potentially lose money.
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calculate the amount of budgeted selling and administrative expenses for february. xing, inc. has prepared the operating budget for the first quarter of the yeqra. The company forecast sales of 40000 in january, 50000 in february, and 60000 in march. variable and fixed expenses are as follows
The amount Xing, Inc. budgeted for selling and administrative expenses for February is C. $35,700.
What are the selling and administrative expenses?The selling and administrative expenses include all the variable and fixed costs incurred for the following:
SalariesRentDepreciationPower costMiscellaneous expenses.To determine the total selling and administrative expenses, we first determine the total fixed costs per month and the variable costs.
The variable costs are a function of the budgeted sales for each month since a percentage of the sales have been identified as variable costs for power costs and miscellaneous expenses.
January February March
Budgeted sales $40,000 $50,000 $60,000
Variable costs:
Power cost $12,000 $15,000 $18,000
Miscellaneous 2,000 2,500 3,000
Total variable cost $14,000 $17,500 $21,000
Total fixed expenses per month = $18,200
Selling and administrative expenses for February = $35,700 ($17,500 + $18,200).
Thus, for February, Xing forecast to spend C. $35,700 on sales and administration, which may be more or less than the actual expenses for the month.
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Question Completion:Variable and fixed expenses are as follows:
Variable Expenses: Power cost (30% of sales)
Miscellaneous expenses: (5% of sales)
Fixed Expenses:
Salaries expense: $10,000 per month
Rent expense: $5,000 per month
Depreciation expense: $1,400 per month
Power cost/fixed portion: $800 per month
Miscellaneous expenses/fixed portion: $1,000 per month
Using the information above, calculate the amount of selling and administrative expenses for the month of February.
A. $32,200
B. $32,200
C. $35,700
D. $14,000
The value of a put option is negatively related to the ____. stock price and volatility of the underlying stock price. volatility of the underlying stock price. stock price. exercise price.
The cost of a placed choice is negatively associated with the exercise price.
The required details about exercise price is mentioned in below paragraph.
The exercise price is the charge at which an underlying safety may be bought or bought while buying and selling a name or placed choice, respectively. It is likewise known as the exercise price and is understood while an investor initiates the trade.One key feature of an choice agreement is the agreed upon charge, referred to as the strike charge or exercise price.
The exercise price is the predetermined charge at that you buy (withinside the case of a name) otherwise you sell (withinside the case of a placed) an underlying futures agreement while the choice is exercised.
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if managers want to boost a company's credit rating from B+ to A, then they need to take actions that will result in: A)A bigger ratio of net profits to sales revenues and a decline in the company dividend ratio B) A decline in the company default risk ratio and an increase in the companys ROE C) A higher current ratio and fewer days of inventory D) an increase in the company interest coverage ratio and a decline in the company debt to asset ratio E) bigger year end cash balances, annual increases in EPS of 5% or more, and annual dividend increases of .10 per share
An increase in the company interest coverage ratio and a decline in the company debt to asset ratio.
What is asset ratio?
By dividing a company's earnings after taxes by its total assets, one may get the return on total assets ratio. This profitability indicator enables you to assess how your business makes profits and how you stack up against your rivals.
The ratio of a company's sales or revenues to the value of its assets is known as the asset turnover ratio. It serves as a gauge of how effectively a business uses its resources to generate revenue. As a result, asset turnover ratio can be used to gauge a business' performance.
The interest coverage ratio: defined as annual operating profit divided by annual interest payments. An interest coverage ratio of 2.0 is considered “rock-bottom minimum” by credit analysts. A coverage ratio of 5.0 to 10.0 is considered much more satisfactory for companies
Hence, an increase in the company interest coverage ratio and a decline in the company debt to asset ratio will boost the company credit rating
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The more predictable policy decisions by the Federal Reserve are, the more effective they are in the long run.
For Long-term effectiveness of Federal Reserve policy decisions increases with predictability. The said statement is true.
What is Federal Reserve policy?The Federal Reserve core functions and communications to promote maximum employment, stable prices, and moderate long-term interest rates as the primary economic objectives which the Federal Bank to pursue & combining into the monetary policy in the United States. These monetary policies are known as Federal Reserve Policy.
The central bank regulates the credit flow in the economy and monitor the commercial banks lending terms & conditions.
Open market operations, the discount rate, and reserve requirements are all within the Federal Reserve's jurisdiction.
Thus very helpful in long run obejctive.
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porter's diamond framework to explain national competitive advantage includes four interrelated factors: demand conditions, competitive intensity in a focal industry, related and supporting industries/complementors, and .
Porter's diamond framework to explain national competitive advantage includes four interrelated factors: demand conditions, competitive intensity in a focal industry, related and supporting industries/complementors, and factor condition.
Porter Diamond refers to an economic model that helps you understand what gives one group, organization, or country a competitive advantage over another. Also known as the Porter Diamond of National Advantage theory, this theory was developed by Michael Porter in 1990 and states that certain industries in certain countries are internationally competitive and others are not.
Porter's Diamond Theory states that the success of a particular industry depends on other related industries. Supporting industries can strengthen an organization's market position and create a competitive advantage through its chain of supply, the exchange of ideas and resources.
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Due care is the idea that consumers and sellers do not meet as equals and that the consumer's interests are particularly vulnerable to being harmed by the manufacturer, who has knowledge and expertise the consumer does not have.
True
Diligence is the idea that consumers and sellers do not meet on an equal footing, and that the interests of consumers run the risk of being particularly harmed by manufacturers who are tempted to purchase their products.
In sales, business, and economics, a customer is someone who buys something for money or other value from a vendor, vendor, or supplier. This person is also called the customer, purchaser, or purchaser.
There are four types of buyer-seller relationships: transactions, functions, partnerships and strategies. His four basic sales strategies used by salespeople are scripted selling, needs-satisfaction selling, consultative selling, and strategic partner selling.
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Example of taking responsibility and being accountable:
Example of the opposite of taking responsibility and being accountable:
Why does your employer want you to take responsibility and be accountable for your decisions and actions?
Why should you accept consequences?
Your employer want you to take responsibility and be accountable for your decisions and actions because It displays your professionalism, has the potential to further your career, fosters professional relationships among coworkers, and communicates to management that you are an important member of the team.
Accepting consequences enables you to move past your errors without being burdened by regret, guilt, or humiliation.
What do you mean by Responsibility?Being responsible entails carrying out your obligations and accepting the consequences of your decisions.
Every employee must take responsibility for their actions, behaviors, output, and decisions in the workplace. Additionally, it's associated with better levels of devotion to work and employee morale, both of which boost performance.
Therefore, Employer want you to take responsibility and be accountable for your decisions and actions because It displays your professionalism. Accepting consequences enables you to move past your errors without being burdened by regret, guilt, or humiliation.
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subject records management is an alphabetic system of storing and retrieving records by their geographic location.
Subject Record Management is an alphabetical system for storing and retrieving records by subject or subject. Used to keep related records together under a specific topic category.
1. Records should be grouped by topic, topic, or project for administrative decisions, and users can request information by topic, topic, or project. In this situation, distributing records throughout the system of records by business name, personal name, or another identifier is not effective for retrieval. 2. Documents may not be submitted pursuant to
Other Submission Characteristics.
Both arrangements are alphabetical arrangements of subjects or titles. The arrangement of the Dictionary is that all topics are arranged alphabetically after the primary guide from A to Z. In the encyclopedic arrangement, majors are arranged alphabetically, and subdivisions of majors are arranged alphabetically after the major main guides.
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what is the swot of bench
Benchmarking, also known as dashboarding or scorecarding, is a monitoring mechanism for assessing advancement in the mission-critical areas determined by the SWOT analysis. The S.W.O.T. of bench analysis are given below:
What is the swot of bench?They are:
STRENGTHS
A strong sense of brand identity.Products are reasonably priced and of high quality.Specifically meet the demands of the target market.Strategic places are chosen for stores to be.Influential domestic and international backers.WEAKNESS
Products don't appeal to the market of higher social classes.has a few media advertisements, mostly on radio and TV.OPPORTUNITIES
bigger market shares in the followingCreate new items and enhance existing ones to target the market of upper class consumers.Boost your presence and internet presence. Expand your international business.Boost brand recognition and advertise in different media.Threats
Competitors also sell goods of the same caliber for less money.Keeping products current with the newest fashions.the price of increased marketing and advertising.Learn more about S.W.O.T. from
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