Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.
The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.
Calculation,
The demand equation q=20,000 p^(-1.4)
The production constant is $0.50
maximum profit= $1.75
The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.
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holding all else constant, if people eat out more at expensive restaurants when they earn more, then expensive restaurant meals are
Holding all else constant, if people eat more at expensive restaurants when they earn more, then expensive restaurant meals are a normal good.
What is a normal good?Corresponds to a product or service that is directly related to the consumer's income, that is, it follows the concept of "coeteris paribus", which relates the increase in demand to an increase in consumer income.
Normal goods are divided into essential goods and luxury goods. An example of essential goods is food and clothing. An example of luxury goods might be a private jet.
Therefore, normal goods correspond to the majority of goods produced in an economy, whose purpose is to bring improvements and ease to the lives of individuals.
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free-market capitalism includes four basic rights: the right to own property, the right to own a business and keep the profits; the right to freedom of competition; and the right to
Free-market capitalism includes four basic rights. The right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, and the right to freedom of competition.
The proper to very own personal property is the most fundamental of all rights under capitalism. personal possession approach that individuals should purchase, promote, and use the land, homes, machinery, innovations, and different types of belongings. They also can skip that belonging to their children.
Any economic system is capitalist as long as personal people control the factors of production. In simple terms, the capitalist economic system is also a free marketplace economic system, meaning the regulation of supply and call for, rather than a central government, regulates production, hard work, and the market.
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If an economy falls into a recession, there is no way to coordinate lower wages across the economy for workers according to keynes because of the ________.
If an economy falls into a recession, there is no way to coordinate lower wages across the economy for workers according to Keynes because of the coordination argument.
Consumption and funding, or an instantaneous will boom in authorities spending, each of that can shift the aggregate name for the curve to the right. because costs are surprisingly inflexible, fluctuations in any issue of spending consumption investment, or authorities expenses purpose output to change.
If government spending will boom, as an instance, and all distinct spending components stay regular, then the output will increase. The coordination argument states that downward economy fall and price flexibility calls for best records approximately the level of reduced repayment ideal to exclusive people and market members.
This argument factors out that, despite the fact that most of the people might be inclined as a minimum hypothetically to see a decline of their personal wages in bad economic times as long as absolutely everyone else additionally skilled the sort of decline, a market-orientated.
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When a firm sells a product out of inventory, investment expenditures ______, and consumption expenditures ______.
When a firm sells a product out of inventory, investment expenditures decrease, and consumption expenditures increase.
What are consumption expenditures?
Consumer spending, often known as personal consumption spending (PCE), is the amount spent by or on behalf of US citizens on products and services. BEA releases yearly, biannual, and month estimates of consumer expenditure on a nationwide scale. Gas, food, and clothing are typical examples. About 25 to 30 percent of consumer spending is on non-durable products. Services: These are immaterial activities that give customers immediate satisfaction at the point of purchase. The Healthcare systems, entertainment, and education are a few such examples. The market worth of all household purchases, including those of durable goods like cars, washing machines, and personal computers, is known as household final consumption expenditure. Inferred rent for owner-occupied homes is included while home acquisitions are excluded.
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Wyco sponsors all of the music events at memorial stadium. In return the stadium receives $10,000 per event. If the stadium hosts 16 concerts during the year, how much revenue does it receive from wyco?.
If the stadium hosts 16 concerts during the year, $160,000 in revenue does it receive from Wyco.
Every time there is an event, Wyco gives 10,000 dollars to stadium.
Since there were 16 events for that year and there isn’t any expense, 10,000 dollars multiply 16 events equal to 160,000 dollars for revenue.
Revenue is the money made from regular business operations and is determined by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be included as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
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nearly every organization, even waste management and agriculture, uses information systems to do business.
Yes, Information systems are used by virtually every enterprise, including waste management and agriculture, to do business.
Business information systems, which are often based on computer systems and technology, give information that organizations may use to efficiently and successfully manage themselves. Hardware, software, data, processes including design, development, and documentation, as well as people, are the main elements of business information systems.
The majority of information systems serve as platforms for delivering data from databases. Databases help a business with its management and operations. The gathered information is stored and organized using a database. Employee data and product catalogs are a couple of examples of databases.
Information systems help spread knowledge by enabling managers and other organizational leaders to store data in folders and documents that can be easily shared with the right people.
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As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether.
shareholder goals are truly being achieved by managers in the long run.
A shareholder is a person, corporation, or institution that holds at least one share of stock in a corporation or a mutual fund. In essence, shareholders control the corporation, which comes with unique rights and duties. This type of ownership allows them to profit from the success of a firm.
What exactly Is Agency Theory?
Agency theory is a principle used to describe and overcome problems in the interaction between business owners and their agents. That relationship is most typically between shareholders, as principals, and firm executives, as agents.
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Effective minimum-wage laws will most likely:_____.
a. increase incomes for all unskilled workers.
b. create a surplus of labor.
c. increase demand for labor.
d. decrease incomes for all unskilled workers.
'Effective minimum-wage laws will most likely increase incomes for all unskilled workers.
wage laws mediates relations between workers, employers, unions and governments. Collective labor law refers to the tripartite relationship between employees, employers and unions. The Personal Employment Act also affects employees' rights at work through employment contracts.
Law that sets minimum wages for certain occupations. It is appropriate to set a minimum rate of Wages for specific occupations;
Wages are payments made by an employer to an employee for work performed over a period of time. Examples of wage payments include minimum wages, applicable wage laws, compensatory payments such as annual bonuses, and compensatory payments such as prizes and tips.
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betty bought a jar of facial cream with natural ingredients for $50 online from beauty today inc., a company that promises a youthful wrinkle-free skin for those who buy the cream and use it twice a day. betty used the cream as directed but didn't see any difference in her skin. which of the following statements is not an ethical explanation of betty's situation?
betty bought a jar of facial cream with natural ingredients for $50 online from beauty today inc. A company that promises youthful wrinkle-free skin for those who buy the cream and use it twice a day. betty used the cream as directed but didn't see any difference in her skin. In the following statements, customers should not assume that all product labels are accurate.
A non-public ethics statement includes beliefs that can be crucial to a person, which include honesty or integrity. in the declaration, someone defines these values and describes what they will and will not do to stay by using them.
When we examine the differences in the two phrases, the principle distinction is that ethical is being morally principled and having true behavior while unethical is the overall opposite of it. A moral precept in one society can be unethical in another society and these differ from one society to every other. A scholar used plagiarism on their final written project to get a better grade.
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Brenda has money invested in esti transport. she owns two par value $1,000 bonds issued by esti transport, which currently sells bonds at a market rate of 101.345. she also owns 116 shares of esti transport stock, currently selling for $15.22 per share. if, when brenda made her initial investments, esti transport bonds had a market rate of 96.562 and esti transport stock had a share price of $13.40, which side of brenda’s investment has gained a greater percent return, and how much greater is it? a. the bonds showed a return that was 4.78 percentage points higher than that of the stocks. b. the bonds showed a return that was 4.95 percentage points higher than that of the stocks. c. the stocks showed a return that was 8.63 percentage points higher than that of the bonds. d. the stocks showed a return that was 3.58 percentage points higher than that of the bonds. please select the best answer from the choices provided a b c d
The side of Brenda's investment that has gained a greater percent return is stock: (c.) the stocks showed a return that was 8.63 percentage points higher than that of the bonds
What is the rate of return for each investment security?
The rate of return for each investment security of Brenda, I mean bonds and esti transport stocks, is determined as the change in price divided by the initial purchase price, in other words, we simply need to make the change in price since purchase of security as a percentage of the initial purchase in a bid to determine the rate of return.
stock return=($15.22-$13.40)/$13.40
stock return=13.58%
bond return=(101.345-96.562)/96.562
bond return=4.95%
The excess of stock rate of return over the bond investment can be as 13.58% minus 4.95%, which gives excess return of 8.63%, hence, the stocks has a superior performance judging from the increase the in share price
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given a real rate of interest of %, an expected inflation premium of %, and risk premiums for investments a and b of and respectively, find the following: a. the risk-free rate of return, b. the required returns for investments a and b
Given a real interest rate of 2%, an anticipated inflation premium of %, and risk premiums of and for investments a and b, respectively, the risk-free rate is equal to 5%, meaning that B needs a return of 11%.
Real rate + inflation premium equals the risk-free interest rate.
Risk-free rate = 2% plus 3%.
Risk-free rate equals 5%.
Part B:
Risk free rate plus market risk premium equals the required return for A.
Requirement for A is 5% plus 4%.
A's required return is 9%.
Required return for B = Market risk premium plus Risk free interest rate.
5% + 6% is the required return for B.
B requires a return of 11%.
Given a real interest rate of 2%, an anticipated inflation premium of %, and risk premiums of and for investments a and b, respectively, the risk-free rate is equal to 5%, meaning that B needs a return of 11%.
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If fixed costs are $1,263,000, the unit selling price is $234, and the unit variable costs are $102, the amount of sales (units) required to realize an operating income of $224,000 is:_________
If the unit selling price is $234, the unit variable expenses are $102, and the fixed costs are $1,263,000, then 10390 units must be sold in order to earn an operating income of $224,000.
Fixed costs = $1,263,000
Unit selling price = $234
Unit variable costs = $102
Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges spent to maintain the functioning of the firm are known as operational expenses.
The sale of x units will generate operational income.
Total cost = $12,63,000 + $224,000 = 10,39,000
Contribution Margin = 220 - 120 = 100
100x = 10,39,000
x = 10390 units
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A college plans to interview 8 students for possible offer of graduate assistantships. The college has three assistantships available. How many groups of three can the college select?.
A college plans to interview 8 students for possible offers of graduate assistantships. The college has three assistantships available. Hence the number of possible selections is 210.
Most graduate assistant interviews will accommodate a combination of common, generic interview questions like “Tell me about yourself” or “What is your ideal work environment. You further your potential by giving yourself a more robust chance to The college has three assistantships available. Hence the number of possible selections is 210.
Your graduate education is quite what you learn within the classroom — it is also the work experience you gain. Graduate assistantship positions are competitive to secure. That's because to successfully land a graduate assistantship, you've got to demonstrate academic excellence in your program while competing among many other qualified and dynamic applicants.
As well as being hardworking, approachable and good with children, I've got a variety of qualities which I could bring round the Teaching Assistant role. I'm a particularly patient person and I am willing to spend the maximum amount of time performing on one subject, word or calculation as a baby needs. I'm also very imaginative. I read your listing for the position of graduate assistant and wanted to precise my interest in taking over this job.
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fill in the blank: while buyer personas help you understand who your customer is, jobs to be done helps you understand your customer’s .
While buyer personas help you understand who your customer is, jobs to be done helps you understand your customer’s motivation.
A buyer persona is known as a detailed description of someone who represents the target audience of the organization. This persona is fictional but it is also based on deep research of the existing or desired audience of the organization.
Buyer persona is called by different names such as the customer persona, or audience persona, or it can be the marketing persona.
A buyer persona is a research-based profile which depicts the target customer. Buyer personas also describes who the ideal customers are for the organization.
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When montgomery regional hospital uses a radiologist in egypt to read cat scans, they are using what common practice?
Joint venture montgomery regional hospital uses a radiologist in egypt to read cat scans, they are using what common practice.
A joint venture is a partnership between two or more people that aims to develop one business or project for profit while splitting the associated risks. The joint venture's participants must consist of at least two different natural persons or entities.
The parties may provide the single firm or project with capital, labor, assets, talent, experience, expertise, or other resources various tools that are beneficial for the specific business or project.
Each case's unique facts will determine whether or not a joint venture can be formed. Although a joint venture does not have a statutory definition, courts in numerous jurisdictions, including New York, have recognized the following as its constituent parts:
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In the context of the types of sales presentations, what are the advantages of the standard memorized presentation?
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Many business people believe that marketing should focus on factors other than financial goals, such as:_____.
a. ethics.
b. return on investment.
c. employee training.
d. efficient production.
Many business people believe that marketing should focus on factors other than financial goals, such as ethics. Therefore, the option A holds true.
What is the significance of business ethics?Business ethics can be referred to or considered as the practically ethical methods followed by a business organization in its operations for the purpose of successful marketing of the products that the company is involved in selling to the customers in the market.
Therefore, the option A holds true and states regarding the significance of business ethics.
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which of the following instruments are traded in the capital markets? check all that apply. commercial paper certificates of deposit treasury bills corporate bonds common stocks
All of the given instruments are traded in the capital market.
What is a capital market?
A capital market is a location where financial instruments of a company are traded.
In this question, we must determine which of the given instruments is traded on the stock exchange. The capital market is one of the company's primary sources of funding. All financial instruments in the capital market, such as commercial paper, certificates of deposit, treasury bills, corporate bonds, and common stock, are related to the company's financing source. The company can raise funds or capital with the help of these instruments. These are also traded between other participants in the capital market.
Hence, All of the listed instruments are traded on the capital market.
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5. building on the article on "leading change: why transformation efforts fail," how would you apply the transformation principles outlined in the article to transforming ‘ing’ (time of the case study ‘transformation at ing (a)’). how why you would use the leading change to transform the banking company on transformation at ing. the hardest. put some more effort into.
I would apply the transformation principles outlined in the article to transforming my country and environment by:
Starting Sense of Urgency in regards to market conditions.Having a lot of Guiding CoalitionVisionCommunicating my vision with others.Working to actualize my goal.Business transformation is known to be a term that is often used to tell the things that can occur or take place if a company makes fundamental alteration to how it operate.
Therefore. I would apply the transformation principles outlined in the article to transforming my country and environment by:
Starting Sense of Urgency in regards to market conditions.Having a lot of Guiding CoalitionVisionCommunicating my vision with others.Working to actualize my goal.Learn more about transformation from
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an appraiser finds that, on average, rental homes in the area are selling for $165,000. average rents are $1,500 per month. the appraiser is appraising a home with a projected gross rent of $1,450 per month. what is the value of the home using the gross rent multiplier?
Gross Rent Multiplier is used to evaluate the income derived from a property, dividing market value by annual gross income of the property we get GRM which is 9.1667 for the given question.
By multiplying GRM with Annual Income of the property we get Market Value of home which is 159,500
Market Value / Annual Gross Income is equal to Gross Rent Multiplier(GRM)
165,000 / (1500*12) = 165,000 / 18,000 = 9.1667
GRM = 9.1667
Market Value of home = GRM* Annual Income = 9.1667*(1,450*12)
Market Value of home = 159,500
The gross rent multiplier (GRM) purpose is to evaluate a property. It analyzes the property's price compared to the annual rent income it generates. It's displayed as variety, or ratio, and if it's too high or too low, it may be the property is over or underpriced, or there's a difficulty with the property.
Commercial rental properties are evaluated supported variety of ratios and lender criteria. Lenders consider the income and profitability of the property in concert of the—if not the—most important lending qualification criteria.
By knowing what the GRM is before you apply for a loan for the property, you'll be able to be better prepared to qualify for what you wish. Other factors which will impact whether an ad mortgage lender grants you a loan include your credit score, assets, debt, income, and more.
So, Market Value of home is equal to159,500
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when the output of some units in a firm can be used as inputs to other units, synergies develop, which can lower costs and generate profits.
Synergies occur when two businesses pool their markets and knowledge, or when the output of one unit can be used as an input to another unit. Synergies form when one unit's output may be used as an input by another, which lowers costs and increases profits. As a result, costs are reduced and profits are made.
Offer broad customization. Synergies are produced when two organizations combine their respective markets and areas of expertise to save costs and increase revenues.
How might information technology help a business cut back on agency fees? Information technology lowers the cost of gathering and interpreting data, enabling firms to cut agency expenses by making it simpler for managers to monitor a larger workforce. Overall, this brings down agency expenses.
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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $415 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions.
During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $415 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions liabilities are overstated by $160.
The primary is for unearned rent revenue of which $415 was earned during the amount, the second was for accrued interest payable of which $275 is owed for the amount. The purpose of adjusting omissions entries is to make sure that your financial statements will reflect accurate data. As a result of these omissions liabilities are overstated by $160.
Adjusting entries help measure the period's income and convey the related asset and liability accounts omissions to correct balances for the budget. The asset's cost minus accumulated depreciation. Accounting that records transactions only cash is received or paid.
Adjusting entries are necessary to bring the final ledger accounts in line with the budget. Expenses are understated and omissions net and stockholders' equity are going to be overstated. Assets are overstated and profit and stockholders' equity are understated.
Adjusting entries update accounting records at the tip of a period for any transactions that haven't yet been recorded. These entries are necessary to confirm the earnings report and record present the right, up-to-date numbers.
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Pcm incorporated will need to purchase new servers for a system. this would be a:________
Pcm incorporated will need to purchase new servers for a system. this would be a Development cost.
Development cost are the charges a commercial enterprise incurs from researching, growing, and introducing a brand-new product or service. Development charges are typically known as studies and improvement charges. These charges can consist of a number of expenses, along with advertising analysis, developmental engineering, and purchaser surveying.
Total Development Cost - The sum of the tough and smooth charges to finish an undertaking aside from Development Application charges and the retaining charges previous to Development Approval. The As Is Land Value, now no longer the Land Cost is covered withinside the calculation of TDC.
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a father opened a savings account for his daughter on the day she was born, depositing $. each year on her birthday he deposits another $, making that last deposit on her birthday. if the account pays % interest compounded annually, how much is in the account at the end of the day on his daughter's birthday? how much interest has been earned?
The interest earned will be $29286.61.
The amount in the account at the end of the day on his daughter's 24th birthday is $59286.61.
How to calculate the interest?The following can be deduced from the information:
PMT = $1200
Interest rate = 5.25% = 0.0525
Number of payment = 25
The future value will be:
= PMT[(1 + r)^n - 1)]/r
= 1200[(1 + 0.0525)^25 - 1] / 0.525
= $59286.61
Total deposit = $1200 × 25 = $30000
Interest will be:
= $59286.61 - $30000
= $29286.61
Therefore, the interest earned will be $29286.61.
The amount in the account at the end of the day on his daughter's 24th birthday will be:
= Total deposit + Interest
= $30000 + $29286.61
= $59286.61
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A father opened a savings account for his daughter on the day she was born, depositing $1200. Each year on her birthday he deposits another $1200, making that last deposit on her 24th birthday. If the account pays 5.25% interest compounded annually, how much is in the account at the end of the day on his daughter's 24th birthday? How much interest has been earned?
firms use a variety of methods to conduct business internationally. consider the case of an mnc conducting international business via the use of licensing, franchising, or joint ventures. when this method of conducting international business is used, cash inflows come from foreign subsidiaries while cash outflows flow to
Various strategies are used by businesses to transact business overseas. Think of a multinational corporation (MNC) that uses joint ventures, franchising, or licensing to conduct international operations. When using this way of operating international business, overseas subsidiaries provide cash inflows while receiving cash outflows.
A foreign subsidiary is a business with operations outside of its home country that is a division of a bigger firm with headquarters elsewhere, also referred to as a parent company or holding company. To gain a footing in a particular foreign country, increase revenues, gain tax advantages, and diversify the company's assets to reduce risk, businesses form foreign subsidiaries.
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______________refers to a lack of basic necessities, such as food, shelter, and income.
Poverty is defined as a lack of fundamental requirements like food, housing, and income.
The inability to meet basic requirements such as bread, clothing, and shelter is defined as poverty. Poverty, on the other hand, is far more than a scarcity of resources. As defined by the World Bank Organization, poverty is "hunger."Poverty is described as a lack of material possessions or a poor income. Poverty has numerous social, economical, and political origins and repercussions.Poverty is linked to negative situations such as bad housing, unemployment, inadequate food and nutritional insecurity, inadequate child care, a lack of access to medical care, hazardous areas, and underresourced schools, all of which harm our country's children.Poverty has been associated with poor health, a lack of knowledge or skills, an unwillingness or desire to work, and impoverishment.Thus this is the meaning of Poverty.
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From the perspective of managing a budget, what term is used to describe the difference between the amount of money that was budgeted and the actual amount of money spent?.
Budget variance is a term used to describe the discrepancy between the amount of money allocated and the actual amount spent when managing a budget.
A budget variance is a recurring metric used by organisations, businesses, or individuals to express the discrepancy between budgeted and actual numbers for a certain accounting category. Positive variations or gains are referred to as favourable budget variances, whereas negative deviations, which represent losses or shortages, are referred to as unfavourable budget variances. Forecasters' imperfect ability to predict future expenditures and revenues leads to budget variations.
The sum of money spent to purchase a good or asset is referred to as the actual amount in accounting. This could be the price of the product in the past, present, or future. This is not what the management has budgeted or expected because such prices could also include vendor costs for delivery, setup, and testing.
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factors that affect the weighted average cost of capital include all of the following except: market interest rates. the firm's debt/equity mix. the firm's business risk. market risk aversion. the firm's income tax rate.
The factors that affect the weighted average cost of capital include all of the following except market risk aversion.
What is weighted average cost?The weighted average cost of capital can be described as the rate that a company is expected to pay on average with respect to her security holders when handling the finance of its assets.
It should be noted that the The factors that affect the weighted average cost of capital include are:
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Jeanie realizes that her values differ significantly from some of her younger subordinates. What should jeanie do to understand them better?
Jeanie realizes that her values differ significantly from some of her younger subordinates. To understand them better she should seek out others point of view and perspectives.
In life, we meet a lot of different kinds of people with accordingly different views and perspectives on life. If one believes in something and other in something else It's completely fine and is just diversity that is very natural in society. If we want to be an adaptable being we have to consider and think according to others perspective too so that we understand them better.
Not only this helps in better working conditions but also helps in building healthy relationships among people that you work with or either are close to.
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Identification of users who have permission to access data elements in a database is found in the:______.
Identification of users who have permission to access data elements in a database is found in the “Database scheme”.
For representing the logical view of the database "schema" is used. The database schema is a skeleton of data. It defines the way in which a database is organized and the relationship among entitities is defined. As authentication of users is an essential part. So database schema made it easy to authenticate the users.
Authenticated users are found in the database who has permission to access data elements. In this way it also provides security. Hence it helps to improve both security and authentication by organizing the database. A database schema defines its entities and the relationship among them.
Therefore, the identification of users who have permission to access elements in a database is found in the database schema.
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