Persuasion is more complicated and impersonal, and persuasive techniques are more deceptive. The number and reach of persuasive communications have exploded.
How persuasion works?
These are the traits of the persuasion in the digital era that they create changes. Persuasion is one of the marketing strategies that merely draws customers in to make purchases of the goods or items. Persuasion has become a more delicate and vital art form in our digital age.
One of the most efficient ways to influence people's opinions is through persuasion, which also expands the audience's diversity more quickly. The mechanics of the proposed persuasion fundamentally alter the modern era.
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when gdp growth is at its maximum, given current resources, the business cycle is said to be in which phase? a.) trough b.) expansion c.) peak d.) contraction
The business cycle is said to be at its peak when GDP growth is at its highest level given the available resources.
What is a business cycle ?The "economic cycle" is regarded as the fluctuations that occur in the economy between the periods of expansion (growth) and decline (recession). Taking into account factors such as gross domestic product (GDP), interest rates, total employment, and consumer spending, one can ascertain the economic cycle's current phase.
The economic cycle, also referred to as the business cycle, has four phases that are listed below :
Expansion : The economy grows relatively quickly during an expansion, interest rates are often low, production rises, and inflationary pressures increase.
Peak: When growth accelerates to its fastest rate, a cycle has reached its peak. Economic imbalances should be addressed which are caused by peak growth.
Contraction: During a period of contraction, growth slows, employment declines, and prices remain unchanged.
Trough: The cycle has reached its trough when the economy hits a tough patch and growth begins to pick up.
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demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts for what percentage of the overall equity held in the mutual fund industry?
Demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts 25% will be the percentage of the overall equity held in the mutual fund industry.
What is Arrogance Predisposition?
Pomposity predisposition is a propensity to hold a bogus and deluding evaluation of our abilities, insight, or ability. So, a selfish conviction we're superior to we really are. It tends to be a risky predisposition and is exceptionally productive in social money and capital business sectors. This guide will unload the presumptuousness predisposition in more detail. Learn more in CFI's Social Money Course.
What is ordered execution?
Execution file is an estimation of how well work is meeting its characterized objective. For work with reaction time objectives, the exhibition record is the genuine partitioned by objective. For work with speed objectives, the exhibition record is objective partitioned by genuine.
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Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru?.
The type of market in which people can buys their favorite breakfast at a fast food drive thru is product market. The product market can be described as the marketplace where final services and goods are sold to the public sector and businesses.
Product market does not include trading in raw or other intermediate materials and they are focus on the sale of finished goods. Product market also can be an online market that sells their goods and service through marketplace. The example of product market is supermarkets, grocery stores, and also online market.
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at the beginning of the year, albertson incorporated reports inventory of $6,000. during the year, the company purchases additional inventory for $21,000. at the end of the year, the cost of inventory remaining is $8,000. calculate cost of goods sold for the year.
Cost of goods sold is calculated as Starting inventory minus Purchases minus Ending inventory company.
Cost of goods sold, or COGS
COGS = 7700 + 22700 - 9700 = 20700
The cost of goods sold is the entire amount your business spent on costs directly related to the sale of items.
The labor and materials necessary to make a product may be included in the cost of the goods sold. Sales costs specific to that product, such commissions, may also be included in your COGS. The accounting phrase for this is direct costs.
A cost that is common to your business, such as rent, the cost of a new machine, or general marketing charges, is one that is not totally dedicated to a specific item. These additional costs are categorized as overhead. rather than the price of the goods provided.
It's critical for business owners and managers to keep track of product cost. That is the lowest price at which a good may be sold and a profit still be made. Any extra margin is used to cover expenses and, eventually, generate a profit. Without knowing your COGS and break-even point, you cannot assess your profitability company.
COGS= $19,000
Providing the following details:
Inventory is reported as $6,000 by Bryers Incorporated.
Buying power = $21,000.
Ending stock = $8,000
We must apply the following calculation to determine the cost of products sold:
COGS is calculated as follows: COGS=ending finished inventory -cost of goods purchased company.
COGS= 6,000 + 21,000 - 8,000
COGS= $19,000
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at the verill company, the cost of the library and information center has always been charged to the various departments based upon number of employees. recently, opinions gathered from the department managers indicate that the number of engineers within a department might be a better predictor of library and information center costs. total library and information center costs are $200,000. department a b c number of employees 135 530 135 number of engineers 0 80 20 which cost estimation method is being used by verill company?
Verill company used the conference method of cost estimation.
It is a technique for cost estimation that combines analysis, information, and knowledge from professional sources to help with cost decision-making. The department manager opinions gathered here suggest that the cost of libraries and information centers may be better predicted by the number of engineers working inside a department. Therefore, we can state that this approach is a conference.
Businesses that adopt this strategy gain from the fact that it prohibits cost accountants from making judgments in isolation. When perspectives and contributions from various functional areas are incorporated into cost predictions, all employees are more likely to believe that the costs are being estimated accurately. This cost estimation method also has the advantage of being rapid to execute.
Hence the Verill company used the conference method of cost estimation.
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Every workplace is different.
Please select the best answer from the choices provided
T
F
nesmith corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 15 years to maturity, and a 13% ytm. what is the bond's price? round your answer to the nearest cent.
$1,197.01 is the bond's price.
What is outstanding bonds?"Outstanding Bonds" refers to any previously issued bonds that are still regarded as outstanding under the Indenture as of the first interest and/or principal payment date following the current Fiscal Year.
Enter the ticker symbol for the company or, if the common stock is not traded in the US, the country code, select CORP, and then click GO to find information on all of the company's outstanding corporate bonds. A list of all the company's outstanding bonds will be included in this.
Thus, $1,197.01 is the bond's price.
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general motors did research on what became the minivan-a small van suitable for families. the research did not convince them to produce it. later, chrysler introduced the dodge caravan and plymouth voyager minivans, which turned out to be among the most successful models in automotive history. this example most closely demonstrates that: marketing research is not as reliable as management's intuition. management should question the methods used to conduct product market research. marketing research does not always provide management with the right answer. marketing research does not provide correct answers most of the time.
Above example most closely demonstrates that Marketing research does not always provide management with the right answer.
Which definition of marketing research is more accurate?
Market research, often known as marketing research, refers to a variety of strategies used to gather data and comprehend a company's target market. Businesses utilize this data to create better products, enhance the user experience, and create marketing plans that generate high-quality leads and increase conversion rates.
Designing, acquiring, evaluating, and reporting information that could be utilized to address a particular marketing issue is the process of conducting marketing research.
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casey deesel is a sports agent negotiating a contract for titus johnston, an athlete in the national football league (nfl). an important aspect of any nfl contract is the amount of guaranteed money over the life of the contract. casey has gathered data on 506 nfl athletes who have recently signed new contracts. each observation (nfl athlete) includes values for percentage of his team's plays that the athlete is on the field (snappercent), the number of awards an athlete has received recognizing on-field performance (awards), the number of games the athlete has missed due to injury (gamesmissed), and millions of dollars of guaranteed money in the athlete's most recent contract (money, dependent variable). casey has trained a full regression tree on 304 observations and then used the validation set to prune the tree to obtain a best-pruned tree. the best-pruned tree (as applied to the 202 observations in the validation set) is:
Based on the available data for a player of Titus Johnston's profile, his guaranteed amount would be $32.74 million.
Calculations and ParametersGiven that Casey Deeselis a sports agent negotiating a contract for Titus Johnston, an athlete in the National Football League
He has generated data on 506 NFL athletes who have recently signed new contracts and who get paid a percentage of his team's plays that the athlete is on the field.
With this, each award they get, each minute they spend on the field, each game missed, and then guaranteed money are all accounted for which is displayed in the attached image below.
If we observe the best-pruned tree given below, based on the arrows and circles,
For Snap percent = 96
Awards = 7
Games missed = 3
The conclusion is that with the profile of Titus Johnston, he would receive a guaranteed amount of $32.74 million.
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an organic organization has: group of answer choices a relatively high degree of job specialization centralized decision making narrow spans of control a long chain of command loose departmentalization
An organic organization is characterized by a low degree of job specialization, loos departmentalization, few levels of management, decentralized decision-making, and a short chain of command.
A distinction between different managerial positions in an organization is made by the term "Levels of Management." When a company and its workforce grow in size, so do the levels of management, and the opposite is also true. Any managerial position's authority, rank, and chain of command are all based on the level of management. We have a vertical hierarchy thanks to the organizational pyramid (dimension). Multiple layers of management or organization are created by distributing authority in accordance with the span of control.
The organizational hierarchy is divided into many levels that are centrally or closely regulated, increasing the breadth of control. When there are several levels of management, we can have a tall organizational pyramid.
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if aggregate output is greater than potential output, then there is a(n) gap. please choose the correct answer from the following choices, and then select the submit answer button. answer choices inflationary long-run macroeconomic equilibrium negative output recessionary
A positive output gap exists when the total output exceeds the potential output.
When actual output exceeds output at full capacity, there is a positive output gap. This occurs when demand is extremely strong and factories and employees are working much harder than they should be to meet the demand.
Whether it is positive or negative, an output gap is a poor predictor of an economy's effectiveness. A high demand for goods and services in an economy is indicated by a positive output gap, which may be advantageous for the economy.
A negative production gap reveals economic slack because resources are not being fully used. The economy is not operating at its full capacity. A positive output gap indicates that all spare capacity has been used up, possibly even to the point of overcapacity.
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timothy owns 540 shares of countess corporation, which is priced at $13.53 per share. the company plans a 1-for-4 reverse stock split. how many shares will timothy own and what will the share price be after the reverse stock split?
The share price after the reverse stock split will be $1826.55.
What is the share price?
The cost of one share of a company is known as share price.
What is the reverse stock split?
Companies can lower the number of outstanding shares in the market by implementing a reverse stock split.
Given that the number of shares of Timothy is 540.
Now Company plans a 1 for 4 reverse stock split.
It means if he sell 4 shares then he will get price of one share.
The number of shares of Timothy is one fourth of his total number of shares.
The number of shares is (540/4) = 135
The priced of one share is $13.53.
The cost of 135 shares is $(135 × 13.53) = $1826.55
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An automobile salesperson uses ________ when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.
An automobile salesperson uses Mobile information systems when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.
Mobile information systems (MIS) are information systems that provide access to data and services via end-user stations that are easily movable in area, operable regardless of location, and typically equipped with a wireless connection. Mobile data collection is a technique for gathering qualitative and quantitative information using a mobile device. This method has been shown to improve data collection speed and accuracy, service delivery efficiency, and program performance assessment.
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efer to the web work article on buying a car from a private individual. which of the following statements is false? group of answer choices a) you should know if your car is covered by some type of warranty. b) you should solicit the help of a reliable and qualified mechanic to inspect the car after the purchase. c) in most cases, you would not buy a certified pre-owned car from an individual. d) start by making a low offer, most times the seller will counteroffer with a higher price. e) all of the above answers are true, and none of the answers is false
The false statement is option B. You should solicit the help of a reliable and qualified technician to inspect the car after the acquisition.
What is price?The price is the amount that the customer pays for the product or service. The cost represents the seller's investment in the product or service that is later sold. The distinction between price and cost is always determined by the context of the transaction and its location within the supply chain. The price of a product or service exists as the result of a complex set of accounting, analysis and interpretation, and risk-taking ability.A pricing strategy considers, among other things, segments, ability to pay, market conditions, competitor actions, trade margins, and input costs. The amount of money required to acquire a given product is referred to as its price.To learn more about price, refer to:
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multinationals that provide fair wages to their local employees are following which type of moral language? group of answer choices avoiding harm ethical behavior rights and duties social contract
Fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
What are the duties of multinationals to employees?As a natural outcome of economic integration, multinational corporations' transnational business activities have grown more prevalent in order to maximize the pursuit of self-interest. However, these activities have not yet been formatted according to mature and uniform international business standards and ethical guidelines, leading to the appearance of ethical dilemmas in these activities and the question of what social responsibility businesses should undertake.Multinational corporations maintain operations for manufacturing and marketing in several nations. The company may have many offices in each nation, each of which is connected to a number of branches and subsidiaries.So, fair wages paid to local employees by multinational corporations is one kind of moral language about preventing harm.
Therefore, fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
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Complete question:
Multinationals that provide fair wages to their local employees are following which type of moral language?
a. Avoiding harm
b. Ethical behavior
c. Rights and duties
d. Social contract
the managers of a production line that fills cereal boxes would like to reach a six sigma level of quality in terms of product weight. the desired range of output extends from 10 to 16 ounces. in order to reach six sigma quality, what would the maximum standard deviation of output need to be?
The maximum standard deviation of output needs to be will be 0.5 ounces
The deviation is a measure used in statistics and mathematics to find the difference between the observed and expected values of a variable. The deviation is simply the distance from the center point.
Sentence Examples of Deviation
It was a departure from his usual routine for him to drink juice instead of coffee. The pattern deviates significantly from the norm.
A deviation is defined as any unwelcome event that deviates from the approved processes, procedures, instructions, specifications, or established standards.
Deviations are possible during the manufacturing, packing, sampling, and testing of pharmaceutical products. Deviations are classified into three types: critical, major, and minor.
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deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june and used 300 direct labor hours. the factory has two departments, design, which incurred $20,000 of manufacturing overhead, and production which incurred $22,000 of manufacturing overhead. design used 200 hours of direct labor and production used 80 machine hours. during june, 150 direct labor hours were used in making 100 units of resistors, and 150 direct labor hours were used in making 100 units of transmitters. if deca electronics company uses a plantwide rate based on direct labor hours to assign manufacturing costs to products, the total manufacturing overhead assigned to each unit of resistors and transistors in june were:
If deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june and used 300 direct labor hours. The total manufacturing overhead assigned to each unit of resistors and transistors in june were: $210 for Resistors and $210 for Transistors.
Total manufacturing overhead assigned to each unitFirst step is to calculate the overhead rate
Overhead rate = $42, 000 / 300 direct labor hours
Overhead rate = $140
Second step is to calculate the manufacturing overhead per unit
Resistors:
Manufacturing overhead per unit = 150 direct labor hours x $140 = $21,000 / 100 units
Manufacturing overhead per unit= $210 MOH per unit
Transistors:
Manufacturing overhead per unit = 150 direct labor hours x $140 = $21,000 / 100 units
Manufacturing overhead per unit = $210 MOH per unit
Therefore we can conclude that the resistor has the amount of $210 and transistors has the amount of $210 as the manufacturing overhead.
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the stryker company discovered through marketing research that one of its medical devices was too difficult for doctors to locate for purchase. it redesigned its website information and highlighted the device, trained the sales staff, prominently featured the device in trade magazines, and simplified the purchasing process. what important step in the process did the stryker company forget to do?
Stryker company forgets to measure the impact and results from all of those changes and makes additional adjustments.
Marketing studies is a scientific manner for identifying advertising possibilities and solving advertising problems, using client insights derived from the gathering and evaluation of advertising and marketing records.
In contrast, quantitative studies collect information that can without difficulty depend on, be tabulated, and statistically analyzed.
Whilst groups want to recognize (or quantify) the precise percentage of folks that trust or act in a sure manner, quantitative studies are essential.
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1.ralph gets his paycheck from shakes n' burgers restaurant, his employer, and attempts to deposit it in his account at town bank. uri, the bank's teller, notices that on the check the amount stated in words is different from the amount stated in numerals. which amount can the bank lawfully credit to ralph's account?
The amount, the bank can lawfully credit to Ralph's account is the amount written in words
This is further explained below.
Ralph's account:Generally, It is possible to say, with reference to the provisions of the Uniform Commercial Code, that if the amount written in words on a check differs from the amount written in numbers on the check, the amount written in words has priority over the amount written in numbers. This is because the words take precedence over the numbers.
Therefore, given the circumstances, the bank is within its rights to credit Ralph's account with the sum that is written out in words on the check that was written out by Shakes n Burgers (subject to the availability of the amount in the shakes n Burgers account).
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suppose that the airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should:
The airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should decrease.
What is industry?
A group of businesses that are connected by their main lines of business are referred to as an industry. Numerous industry classifications exist in contemporary economies. Sectors are generally used to group together industry classifications into larger categories. According to their primary sources of income, individual companies are typically categorised into an industry. For instance, even though an automaker might have a financing division which contributes 10% to the company's overall revenues, this same company would be categorised in the automaker industry by the majority of classification systems. Based on the main product produced or sold, similar businesses are categorised into industries. In this way, industry groups are effectively formed, and these groups can later be used to separate businesses from those who engage in other types of activities.
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Static or declining incomes among a large portion of the u. S. Population is an economic factor that can impact cinnabon’s marketing activities because
Static or declining incomes among a large portion of the u. S. Population is an economic factor that can impact cinnabon’s marketing activities because it may lead Cinnabon to raise or lower the costs of its products.
The motive of advertising is to attain your target audience and communicate the benefits of your service or product — so you can successfully gather, keep, and develop clients. So, your marketing desires need to relate to the unique business targets your employer desires to achieve.
The importance of advertising on your enterprise is that it makes the customers privy to your products or services, engages them, and allows them to make the buying decision. Furthermore, an advertising plan, part of your marketing strategy enables in growing and maintaining call for, relevance, recognition, competition, and so forth.
The selling concept is one of the maximum famous advertising concepts available because it takes into consideration the realities of commercial enterprise — even dependable customers may not be enough to hold you going. With the promoting idea, organizations ought to be precise at locating capability clients and persuading them to shop for.
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a company has a retained earning statement that shows that it did not pay a dividend to shareholders last year. this may lead a potential investor to conclude:
According to a company's retained earning statement, it did not distribute a dividend to shareholders last year. A potential investor might draw the conclusion from this that management might be concentrating on a growth strategy.
Enlist the types of dividend.In general, a dividend is viewed as a cash payment made to the owners of firm stock.
Of all the dividend forms, cash dividends are by far the most prevalent. The board of directors decides to pay a certain dividend amount in cash to shareholders who held the company's stock on the day of declaration.A stock dividend is the free distribution of common shares by a firm to its common shareholders.Scrip dividends, which are effectively promissory notes (which may or may not include interest) to pay shareholders at a future date, are sometimes issued by companies that may not have enough cash on hand to pay dividends in the near future. A note payable is created by this dividend.A liquidation dividend is declared when the board of directors wants to return the capital that shareholders initially invested as a dividend. This action could signal that the company will eventually close.An organization may choose to distribute a non-cash dividend to investors rather than paying out in cash or stock. Record this distribution at the assets that were distributed's fair market value. The fair market value of the assets is probably going to differ significantly from their book value, thus the corporation will probably record the difference as a gain or loss. This accounting rule may occasionally cause a company to purposefully pay property dividends in an effort to change its reported and/or taxed income.To know more about, dividend, visit :
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the nature of the tax system means that there is usually a trade-off between and the principle pushes governments towards a tax system but considerations push them in the other direction. a(n) tax promotes economic efficency as it does not
The nature of the tax system means that there is usually a trade-off between Equity and Efficiency.
This principle pushes governments towards a progressive tax system but equity considerations push them in the other direction. a(n) ability to pay tax promotes economic efficiency as it does not distort ability-to-pay lump-sum benefits.
Tax efficiency is the payment of fair taxes, while tax equity is the tax laws. In a progressive tax system, those with higher incomes pay more in taxes. This approach can help to lessen societal inequality. As a result, the economy grows, unemployment declines, and the purchasing power of the poor is increased.
The government has a progressive tax system, but tax equity allows people to avoid paying some taxes by using tax codes. It is pushed against the other wall by this tax equality.
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suppose that real interest rates in the u.s. rise relative to real interest rates in other countries. this increase would make foreigners a. more willing to purchase u.s. bonds, so u.s. net capital outflow would rise. b. more willing to purchase u.s. bonds, so u.s. net capital outflow would fall. c. less willing to purchase u.s. bonds, so u.s. net capital outflow would rise. d. less willing to purchase u.s. bonds, so u.s. net capital outflow would fall.
If real interest rate in US rise, so other people in other county will less to purchase U.S bond so US net capital outflow would rise (Option C). It is because A high real interest accounts for a more attractive domestic asset so that it will reduces the net capital outflow.
Real interest rate can be defined as an interest rate that has been adjusted to remove the effects of inflation. The rate of time preference for current goods over future goods can be reflected in the real interest rate. The real interest rate can be affected by several factors, such as countries location and down payment.
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murphy's, incorporated, has 25,000 shares of stock outstanding with a par value of $1 per share. the market value is $10 per share. the balance sheet shows $76,500 in the capital in excess of par account, $25,000 in the common stock account, and $145,500 in the retained earnings account. the firm just announced a stock dividend of 12 percent. what will the balance in the capital in excess of par account be after the dividend?
The balance in the capital in excess of the par account after the dividend will be $103,500.
Number of shares issued as dividend = 12% Number of shares outstanding
Number of shares issued as dividend = 12% 25,000
Number of shares issued as dividends = 3,000
Increase in common stock = Number of shares issued as dividend * Par value per share
Increase in common stock = 3,000 $1.00
Increase in common stock = $3,000
Decrease in retained earnings = Number of shares issued as dividend * Market price per share
Decrease in retained earnings = 3,000 $10.00
Decrease in retained earnings = $30,000
Increase in the capital in excess of par = Decrease in retained earnings - Increase in common stock
Increase in capital in excess of par = $30,000 - $3,000
Increase in capital in excess of par = $27,000
Balance in the capital in excess of par after dividend = Balance in the capital in excess of par before dividend + Increase in the capital in excess of par
Balance in capital in excess of par after dividend = $76,500 + $27,000
Balance in the capital in excess of par after dividend = $103,500
Market value commonly referred to as "open market valuation," is the cost that an asset would command on the open market or the estimation that the financial community makes of a specific equity or company.
The estimated worth of the land according to the records kept by the relevant state government is known as the market value of land or the guidance value of a property. The minimal price at which the sale of a property can be registered with the state is known as the circle rate in various states.
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an error in the physical count of goods on hand at the end of a period resulted in an $7600 overstatement of the ending inventory. the affect of this error in the current period is
Cost of goods sold (COGS). The carrying value of goods sold during a specific period is referred to as the cost of goods sold.
What is cost of goods sold ?Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out (FIFO), or average cost. Costs include all purchase, conversion, and other costs incurred in bringing the inventories to their current location and condition.
Material, labour, and allocated overhead are all included in the costs of goods manufactured by businesses. The costs of goods that have not yet been sold are deferred as inventory costs until the inventory is sold or written down in value.
Many businesses sell goods that they have purchased or manufactured. When goods are purchased or manufactured, the costs associated with those goods are capitalised as part of the inventory (or stock) of goods. These expenses are deducted when the company recognises income from the sale of goods.
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a bond with 14 years to maturity and a coupon rate of 3.375 percent has a yield-to-maturity (ytm) of 4.5 percent. assuming the bond's ytm remains constant, the bond's value as it approaches maturity will most likely:
Assuming the bond's ytm remains constant, the bond's value as it approaches maturity will most likely decrease.
What Do Bonds Mean?Bonds are fixed-income securities that reflect loans from investors to borrowers, usually corporate or governmental. A bond can be compared to an agreement outlining the terms of the loan and the payments between the lender and borrower. A bond can be compared to an agreement outlining the terms of the loan and the payments between the lender and borrower.
If time is changing, then:
Bonds with higher yields to maturity than coupon rates will appreciate in value.Bonds will lose value if the yield to maturity is less than the coupon rate.Bonds with yields equal to their coupon rates will always be priced at 100% of their face value.To learn more about fixed-income securities, visit:
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which legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax?
The legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax The Harrison Act.
What is The Harrison Act?The Harrison Act was a U.S. federal law that regulated and taxed the production, importation, and sale of narcotics and coca products. The Harrison Act was proposed by Rep. Francis Burton Harrison of New York and passed on December 17, 1914. Import, manufacture, mix, trade, prepare, sell, distribute or transfer, or otherwise use opium or coca leaves, salts, derivatives, or preparations thereof; It did not prescribe narcotics, but The Harrison Act was able to prescribe treatment for addiction. Coca Leaf Trade Restrictions Act.Although the distribution and use of cocaine were technically illegal, the distribution, sale, and use of cocaine remained legal for registered businesses and individuals.The Harrison Anti-Narcotic legislation was made up of three U.S. House laws that placed limitations on the availability and usage of opium-based substances.The Opium and Coca Leaves Trade Restrictions Act, also known as House Bills H.R. 1966 and H.R. 1967, was passed along with House Bill H.R. 6282.Cocaine distribution, sale, and use were nonetheless lawful for registered businesses and individuals even if it was officially forbidden for those purposes.To learn more about The Harrison Act from the given link :
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troy is interested in buying a particular stock whose current dividend per share is $1.10. troy estimates that the current dividend per share will increase at a rate of 3.25% per year forever. if troy's estimates are correct, what is the best estimate of the stock price per share if the required rate of return is 13.00%.
The best estimate of the stock price per share would be 9.03 Per Share.
What is share?
A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets. The term "share capital" describes all of an organization's shares. A shareholder (or stockholder) of a corporation is someone who owns shares in that company. A share represents the ownership connection between the firm and the shareholder and is an immovable unit of capital. A share's face value, which may not correspond to the market value of those shares, is its denominated value. The entire face value of issued shares is a company's capital. A dividend is the revenue derived from the holding of shares. Equity shares, preference shares, deferred shares, access to wealth, bonus shares, right shares, and shares under employee stock option plans are only a few of the several forms of shares.
Stock Price =D1/(ke-g)
D1 =1.10*(1+3.25%)
ke =13.00%
g =3.25%
Stock Price =(1.10*(1+3.25%))/(13.00%-3.25%) = 9.03 Per Share.
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westco company issued 16-year bonds one year ago at a coupon rate of 7.2 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.5 percent, what is the current price of the bond in dollars?
The current price of the bond in dollars is 1838.180 for the 16-year bonds having a par value of $1,000.
Since we are given we number of years which is 16, coupon rate which is 72%, semipayments of $1,000, and ytm in the bonds to be 5.5
So, C, semiannual bond coupon = 7.2% / 2 * 1,000 = $36
r , interest rate = 5.5% / 2 = 0.0275
n , number of periods = (15-1) * 2 = 28
The price can be found using the formula,
P =C∗1−(1+r)^−n/r+Par/(1+r)^n
= 36∗(1−(1+0.0275)^−28/r)+1000/(1+0.0275)^28
= 1838.180
the current price is $ 1838.180
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