investors predict that cargo corporation stock will trade for $36.70 in one year. the company will not pay a dividend in the next year. if you desire a return of 15.00% on cargo stock, how much are you willing to pay for a share today?

Answers

Answer 1

The investor is willing to pay $31.91 for a share of the cargo corporation stock today.

Investors predict that the cargo corporation stock will trade for $36.70 in one year. The company will not pay a dividend in the next year.

To find out how much the investor is willing to pay for a share today, we use the formula:P0 = D1 / (1 + r)nWhere:P0 = the price that the investor is willing to pay for a share todayD1 = the stock price predicted in one year, which is $36.70n = the number of years, which is 1r = the required return, which is 15% expressed in decimal format as 0.15Plugging in the values, we have: P0 = $36.70 / (1 + 0.15)¹P0 = $36.70 / 1.15P0 = $31.91. Therefore, the investor is willing to pay $31.91 for a share of the cargo corporation stock today.

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Related Questions

Describe the methods of market management of cattle products​

Answers

Open bids at auction markets, producer or breed association sales, video auctions, computer auctions, direct sales to packers, sales to livestock order buyers, or using the futures or options market as a hedging strategy are further methods for market livestock.

What are the strategies for marketing cattle?

Other techniques for determining the price of livestock include open bids at auction markets, producer or breed association sales, video auctions, computer auctions, direct sales to packers, sales to livestock order buyers, or using the futures or options market as a hedging strategy.

Cattle producers need good handling facilities to perform recommended management procedures like immunising, identifying, castrating, dehorning, implanting, and checking for pregnancy.

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21. information reflected in security prices in a semi-strong form market most likely includes all the following except: a. private information regarding the merger of industry leaders. b. dividend information contained in the board of director announcement. c. stock prices during the previous week. d. board of director election results one week after the election.

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The information reflected in security prices in a semi-strong form market most likely includes all the following except private information regarding the merger of industry leaders.

This is because, in a semi-strong form market, security prices reflect all public information such as dividend information contained in the board of director announcement, stock prices during the previous week, and board of director election results one week after the election.

Private information, such as a merger of industry leaders, would not be included.


The semi-strong form market refers to a type of efficient capital market where the stock prices efficiently and correctly reflect all publicly accessible information.

The availability of all public information is the distinguishing feature of this type of market, which is more efficient than the weak-form market but less than the strong-form market.

All publicly available information is reflected in the semi-strong form market. Public information that is reflected in the semi-strong form market includes dividends, earnings, revenue reports, mergers, and other major news.

Therefore, in a semi-strong form market, the information reflected in security prices is believed to include all publicly available information and data, such as company financial statements, economic indicators, and analyst reports

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which of the following statements about capabilities is true? a. organizational capabilities do not require conscious action taken by managers/executives. b. capabilities are based on organizational processes (i.e., routines). c. examining a firm's history is not a helpful way to identify a firm's capabilities. d. comparing a firm's processes and performance to those of other companies (i.e., benchmarking) is not useful when evaluating a firm's own resources and capabilities.

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The correct answer is B. Capabilities are based on organizational processes (i.e., routines) which do not require conscious action taken by managers/executives.

Among the following statements about capabilities, the one that is true is that capabilities are based on organizational processes (i.e., routines). A capability is a capacity to perform an action or an operation in the most effective way possible.

It can refer to a range of abilities, including strategic, operational, and functional competencies. It includes both tangible and intangible resources, such as the abilities of employees, processes, and technologies. Capabilities can emerge as a result of a firm's history or an intentional effort to develop them.

Capabilities allow firms to succeed in their industry by providing a unique value to customers that sets them apart from the competition. According to the given options, organizational capabilities do not require conscious action taken by managers/executives, which is not true.

Examining a firm's history is a helpful way to identify a firm's capabilities. Comparing a firm's processes and performance to those of other companies (i.e., benchmarking) is useful when evaluating a firm's own resources and capabilities.

A firm's capabilities are built on a variety of routines, procedures, and practices that it has established over time, according to research. These procedures might include how to design, produce, and distribute a product or service, how to respond to clients, and how to deal with suppliers. These procedures and routines are referred to as capabilities.

Therefore the correct option is B.

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on january 1, 2022, wheeler inc purchases a building for $800,000 and places it into service. when wheeler inc records depreciation on the building on december 31, 2022, it will increase depreciation expense and:

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Deprecation is an periodic duty deduction that allows you to recoup the cost or other base of a given asset over time. This is option A.

still, 2022, the deprecation expenditure and accumulated deprecation will be increased, If Wheeler Inc records the deprecation of the structure on December 31.

deprecation is the measure of deprecation or other reduction in the value of a depreciable asset due to use, passage of time, or growing due to technological and request changes.

The accumulated deprecation increases each time as advanced deprecation costs are honored and the value of the asset decreases.

Question

January 1, 2022. Wheeler Inc buys the structure for$800,000 and uses it. However, 2022, the deprecation expenditure will increase and If Wheeler Inc records erecting deprecation on December 31.

a. increase accumulated depreciation

b. decrease the asset, Building

c. decrease cash

d. increase accounts payable.

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the advantage of a 15-year over a 30-year mortgage (fixed interest) to the borrower is . the advantage to the lender is

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The advantage of a 15-year over a 30-year mortgage (fixed interest) to the borrower is lower interest rates and higher equity in their home faster.

The advantage to the lender is they will receive more of their principal back faster as the loan is paid off more quickly.

This means the lender is more likely to make a return on their loan sooner, as well as avoiding potential for nonpayment and foreclosure.

Additionally, lenders benefit from the increased interest rate charged with shorter-term loans, since the longer the loan, the lower the interest rate the borrower can secure. This means the lender will make more on the loan overall.

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circumstances that likely will result in an audit opinion that departs from an unqualified opinion include

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Circumstances that likely will result in an audit opinion that departs from an unqualified opinion include:

Material misstatements in the financial statementsMisrepresentations in management's representationsLimitations on the scope of the auditInadequate or insufficient evidenceNon-compliance with laws or regulations

An audit opinion that differs from an unqualified opinion may be issued if the auditor discovers material misstatements or inconsistencies in the financial statements if the auditor is limited in the extent of their audit, or if there is a disagreement between the auditor and the client regarding financial statement presentation or disclosure.

These circumstances indicate that the auditor is unable to express an unqualified opinion on the financial statements.

An auditor must also be able to conduct the audit with sufficient scope to obtain adequate audit evidence. If the auditor is unable to complete an appropriate audit for any reason, such as a limitation on scope, they may be unable to issue an unqualified opinion.

Finally, if the auditor and client disagree on a financial statement presentation or disclosure, the auditor may be unable to express an unqualified opinion.

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the break-even point is the sales level at which a company: (check all that apply.) multiple select question. has a profit equal to fixed costs. contribution margin equals fixed costs. incurs a loss. contribution margin equals variable costs. has income of $0.

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The sales level at which a corporation is profitable is known as the break-even point. has a profit that is equal to its fixed expenses.

Fixed costs are equivalent to the contribution margin. has no money to her name. Therefore, choices (A), (B), and (D) are correct.

The break-even point (BEP) or break-even level denotes the volume of sales necessary to cover all expenses, which include both fixed and variable costs to the business, in either unit (quantity) or revenue (sales) terms.

At the break-even threshold, there is no overall profit. A corporation can only surpass the break-even point if revenues are more expensive than variable costs per unit.

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when a union bargains successfully with employers, in that industry, question 15 options: both wages and unemployment increase. wages increase and unemployment decreases. wages decrease and unemployment increases. both wages and unemployment decrease.

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When a union bargains successfully with employers, in that industry wages increase and unemployment decreases. The answer is OPTION B

In such a scenario, rising bargaining power enables employees to receive greater pay, but falling vacancies result from businesses' reduced willingness to hire due to rising expenses, which causes unemployment to gradually rise. Therefore, labor unions have a tendency to increase the cost of labor for businesses.

This lowers the demand for work, which therefore raises the level of the natural rate of unemployment. It is discovered that union strength, which represents both union coverage and the union wage gap, causes a minor but significant decline in employment and a rise in unemployment. The answer is OPTION B

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a large company is trying to decide which of two health insurance plans to offer its employees. plan a has a high monthly premium and a low deductible, and plan b has a low monthly premium and a high deductible. adverse selection is likely to be a bigger problem with

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Adverse selection is likely to be a bigger problem with Plan A, which has a high monthly premium and a low deductible.

Adverse selection occurs when individuals with higher risks or more health issues are more likely to choose a specific insurance plan. In this case, employees with more health concerns may opt for Plan A, since it has a low deductible, meaning they will pay less out-of-pocket for medical expenses.

This can lead to higher overall costs for the company, as the insurer will have to cover more expensive claims. Conversely, healthier employees may choose Plan B with a lower premium, resulting in a riskier pool of insured individuals in Plan A.

To mitigate adverse selection, the company could consider offering a balanced plan or implementing wellness programs to promote healthier behaviors among employees.

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when a registered person with a member firm participates in outside private securties transactions without obtaining apporval of the firm, it is reffered to as

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"Selling away" refers to the situation when a registered person engages in private securities transactions without obtaining the firm's approval, potentially exposing themselves and the firm to legal and regulatory consequences. B is the correct answer.

Registered individuals who engage in selling away may be in violation of securities laws and regulations, as well as the firm's policies and procedures. This can lead to disciplinary action, such as fines or suspension, as well as potential liability for losses suffered by investors.

Firms have a responsibility to supervise their employees' activities and ensure they comply with regulatory requirements, so they may face consequences as well. It is important for registered individuals to obtain approval from their firm before engaging in any private securities transactions to avoid any potential legal or regulatory issues.

This question should be provided with answer choices:

[A] Market Manipulation[B] Selling Away[C] Churning[D] Selling Short

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the father of the consumer movement is a. dan murtaugh. b. richard nixon. c. michael moore. d. ralph nader.

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The father of the consumer movement is Ralph Nader. The correct option is D.

What is the consumer movement?

The consumer movement is a social movement that encourages customers to speak out on corporate and government activities that may hurt consumer interests. This movement, which is sometimes referred to as consumerism, seeks to make businesses and governments more responsive to the needs of people.

It also aims to enhance consumer safety by ensuring that goods and services are safe and dependable. The father of the consumer movement is Ralph Nader. Ralph Nader is an American political activist, author, and attorney.

Ralph Nader is an American political activist, author, and lawyer who gained national attention in the 1960s for his advocacy on behalf of consumer rights. He wrote the book "Unsafe at Any Speed," which criticized the automobile industry for prioritizing profits over safety and helped to establish the modern consumer movement.

Therefore, the correct option is D.

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multiple choice question one difference between products and services is demonstrated by a visit to a doctor's office, where the doctor delivers the service at the same time the customer receives it. this refers to what feature of services?

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The feature of services referred to in the question is that services are often intangible and occur simultaneously with the customer's receipt of them.

Services, such as a visit to the doctor's office, happen at the same time the customer receives them, meaning they cannot be stored or saved for later. This is not the case with products, which can often be purchased, stored, and saved for later.

Additionally, services are typically personalized and often cannot be standardized. They are tailored to the customer's individual needs and circumstances. Therefore, products and services differ in that services are often intangible and occur simultaneously with the customer's receipt of them.

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products consumers purchase frequently and with a minimum of shopping effort are known as group of answer choices shopping products unsought products habitual products convenience products

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Products that are frequently purchased by consumers with a minimum of shopping effort are known as convenience products.

What are convenience products?

Convenience products are products that are frequently purchased by consumers with a minimum of shopping effort. These types of products include products such as chewing gum, toothpaste, beverages, and candy. Convenience products are products that are widely available in most retail stores and can be easily obtained by consumers.

They are usually low-priced products and require little consideration or research by consumers before they are purchased. These types of products are bought by consumers based on the belief that the product is easily accessible, low-priced, and that the consumer already knows the product's quality.

What are the characteristics of convenience products?

Below are some of the characteristics of convenience products:

They are low-priced.They are widely available in most retail stores.They require little consideration or research by consumers before they are purchased.They are bought by consumers based on the belief that the product is easily accessible, low-priced, and that the consumer already knows the product's quality.

The purchase of these products does not involve much deliberation by the consumer before making the purchase. Consumers frequently purchase convenience products because of their low prices and ease of accessibility. They are widely available in most retail stores and are easy to obtain.

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Does the following sentence use the active or passive voice? Refreshments will be served. a. Passiveb. Active

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Answer: B: Active

Explanation: The fact that the word "Will" is in the sentence makes it an active voice.

The sentence "Refreshments will be served" uses the passive voice. Option A is correct.


The sentence is in the passive voice because the subject "refreshments" is being acted upon by the verb "served". In the passive voice, the focus is on the recipient of the action rather than the doer of the action. In this case, the sentence is emphasizing that refreshments will be provided to the guests rather than who will be providing the refreshments.

In contrast, if the sentence were in the active voice, it would be written as "We will serve refreshments", where the emphasis is on the doer of the action.

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the statistical reorder point is calculated as the average demand during the delivery lead time plus the desired safety stock. true false

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The given statement "The statistical reorder point is calculated as the average demand during the delivery lead time plus the desired safety stock  is true.

What is Statistical Reorder Point?

The statistical reorder point (ROP) is a solution for identifying how much inventory you'll need to stock in order to avoid a stock out,

ensuring that you have enough stock on hand to fulfill customer orders while minimizing costs.

It incorporates delivery lead time and the amount of stock that should be held in reserve to deal with market variations, which are commonly known as safety stock.

Statistical ROP is calculated by adding the average demand during the delivery lead time plus the desired safety stock.

It is a more sophisticated alternative to traditional reorder point calculations because it considers lead time variability and the probability of stock outs.

The act of using a material handling device to place products or raw materials on storage areas such as racks or shelves.

On a conveyor belt, a robot arm or a human operator might assist in material handling.

Statistical Reorder Point (ROP) is a powerful tool for reducing stock shortages, lowering supply chain expenditures, and boosting operational efficiency.

Therefore, the statement "The statistical reorder point is calculated as the average demand during the delivery lead time plus the desired safety stock." is True.

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if the initial investment of a project were to increase, one would expect the profitability index to

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If the initial investment of a project were to increase, one would expect the profitability index to decrease.

What is the profitability index? The profitability index (PI) is a metric that calculates the relationship between the present value of future cash flows to the initial investment of a project.

The profitability index can help businesses, investors, and analysts evaluate the potential returns on an investment. A PI greater than one implies that the project has a net present value that is greater than its initial investment.

In contrast, a PI of less than one means that the project's net present value is less than its initial investment.

How is the profitability index calculated? The profitability index formula is as follows: PI = Present value of cash inflows / Initial investment. If the initial investment of a project were to increase, the present value of cash inflows would need to increase proportionally to keep the PI above 1.

When the initial investment rises, the present value of future cash flows should increase to keep the PI above one. Therefore, if the initial investment of a project were to increase, one would expect the profitability index to decrease.

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The initial investment of a project directly affects the profitability index.

If the initial investment increases, the profitability index will usually decrease due to the extra funds required to get the project started.

If the initial investment of a project were to increase, the profitability index would usually decrease.

The profitability index (PI) is the ratio of the present value of future cash flows generated by a project divided by the initial investment required to get the project started.

When the initial investment of a project increases, the PI decreases since the present value of future cash flows divided by a larger initial investment is smaller. This decrease in PI is an indication that the project is less profitable due to the higher cost of the initial investment.

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when compared to a systems analyst, the business analyst will not identify how the system will provide business value. question 14 options: true false

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False. A business analyst is often required to identify how the system will provide business value when compared to a systems analyst.  The business analyst is responsible for identifying how the system will provide business value, whereas the systems analyst focuses on designing the technical components of the system.

A business analyst is a professional who analyzes business operations, processes, and systems in order to identify problems and opportunities for improvement. They work closely with stakeholders and subject matter experts to gather and analyze requirements, and then use this information to design solutions that meet the needs of the organization. Business analysts may also be involved in testing, training, and implementation of new systems or processes.

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Benny's Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year the business recorded $210,000 in revenues, $110,000 in expenses, and dividends of $20,000 Stockholders' equity at the end of the year was: A. $80,000 B. $90,000 C. $100,000 D. $120,000

Answers

The answer is option C, $100,000.

The stockholders' equity at the beginning of the year was:

Stockholders' equity = Total assets - Total liabilities

Stockholders' equity = $100,000 - $80,000

Stockholders' equity = $20,000

During the year, the business recorded net income as:

Net income = Revenues - Expenses

Net income = $210,000 - $110,000

Net income = $100,000

Dividends paid during the year were $20,000.

So, the stockholders' equity at the end of the year is:

Stockholders' equity = Stockholders' equity at the beginning of the year + Net income - Dividends

Stockholders' equity = $20,000 + $100,000 - $20,000

Stockholders' equity = $100,000

Therefore, the answer is option C, $100,000.

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at a price of $45, a store can sell 40 toasters a day. at a price of $40 the store can sell 60 toasters a day. since total revenue by the price decrease, demand must be .

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"At a price of $45, a store can sell 40 toasters a day. At a price of $40 the store can sell 60 toasters a day. Since total revenue is decreased by the price decrease, demand must be elastic." Thus, Option B is correct.

When the store decreases the price of the toaster from $45 to $40, the demand for toasters increases from 40 to 60 per day. This indicates that the customers are responsive to the price change, making the demand elastic.

If the total revenue had increased by the price decrease, the demand would be considered inelastic. However, since the question states that the total revenue decreased, it suggests that the increase in demand was not enough to offset the decrease in price, and thus demand is elastic.

Inelastic demand occurs when a change in price has a negligible effect on the quantity demanded, while elastic demand occurs when a change in price leads to a proportional change in the quantity demanded. Therefore, a decrease in price will cause an increase in demand and a decrease in total revenue for a good with an elastic demand curve.

This question should be provided as:

At a price of $45, a store can sell 40 toasters a day. At a price of $40 the store can sell 60 toasters a day. Since total revenue _______ by the price decrease, demand must be _____>

a. is decreased; inelasticb. is decreased; elasticc. is increased; elasticd. is increased; unit elastic

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K has a life insurance policy where her husband is the beneficiary and her daughter is the contingent beneficiary. Under Common Disaster clause, if K and her husband where killed in a automobile accident, where would the death proceeds be directed?

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If K and her husband were killed in an automobile accident, the death proceeds of K's life insurance policy would be directed to her contingent beneficiary, her daughter. This is in accordance with the Common Disaster clause.

A Common Disaster clause is a provision in a life insurance policy that specifies what happens to the death benefit in the event that the insured and the primary beneficiary die at the same time or within a certain time period of each other. If this occurs, the policy proceeds are usually paid to a contingent beneficiary or the insured's estate.

A contingent beneficiary is a person or entity who will receive the policy's death benefit if the primary beneficiary is unable to receive it. If the primary beneficiary is unable to collect the death benefit due to death or some other reason, the proceeds of the policy are paid to the contingent beneficiary.

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suppose turkish gdp per capita is 700 turkish liras. calculate turkish gdp per capita in usd terms in two ways: (i) using actual exchange rates, (ii) using ppp-implied exchange rates. which one is higher? explain.

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Using actual exchange rates, Turkish GDP per capita is approximately 87.5 US Dollars. Using PPP-implied exchange rates, Turkish GDP per capita is approximately 280 US Dollars, the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates.


To convert Turkish GDP per capita from Turkish Liras to USD using actual exchange rates, we need to know the current exchange rate between Turkish Lira and US Dollars. Let's assume the exchange rate is 8 Turkish Liras to 1 US Dollar.

(i) Using actual exchange rates:

Turkish GDP per capita in USD terms = Turkish GDP per capita / Exchange rate

= 700 Turkish Liras / 8 Turkish Liras per USD

= 87.5 US Dollars

(ii) Using PPP-implied exchange rates:

To calculate GDP per capita using PPP-implied exchange rates, we need to use the PPP conversion factor which reflects the relative cost of goods and services in different countries. Let's assume the PPP conversion factor for Turkey is 2.5.

Turkish GDP per capita in USD terms = Turkish GDP per capita / PPP conversion factor

= 700 Turkish Liras / 2.5

= 280 US Dollars

Comparing the two values, we can see that the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates. This is because PPP conversion factors take into account the differences in prices between countries, whereas actual exchange rates only reflect the relative value of currencies.

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all of the following are on an unclassified balance sheet: (check all that apply). multiple select question. total liabilities total noncurrent assets total noncurrent liabilities total current liabilities total current assets total assets

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The best choice in this scenario is the final one, which is total asset and total liability.

what is called total liability and asset?

Your balance sheet can sometimes be broken down into two categories in its most basic form: assets and obligations. Any possessions that have the potential to result in future financial gain are considered a company's assets. Your total debts to others are your liabilities. In other words, assets make you richer while liabilities make you poorer.

Assets are made up of liabilities and capital (owners' funds), and they represent all of the money used in the business (external funds e.g bank loan, creditors etc). So, capital will be the difference between assets and liabilities.

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jack is going to offer to sell his house to bill. jack prepares a written offer but mistakenly transposes the numbers. he accidentally offers to sell his real property for $189,000 instead of $198,000, which he really intended. he sends the written offer to bill who send a written acceptance. bill's acceptance is: group of answer choices

Answers

The statement "The acceptance is that Bill can purchase Jack's property for the stated price of $189,000" is true.

The scenario presented in the statement involves a situation where Jack mistakenly offered to sell his house to Bill for $189,000 instead of $198,000. Despite the error, Bill accepted the offer from Jack.

In contract law, for an agreement to be legally binding, there must be an offer made by one party and an acceptance of that offer by the other party. In this case, Jack made an offer to sell his property to Bill, even though the price was incorrect due to a mistake.

However, Bill accepted the offer, and this acceptance creates a legally binding contract between the two parties.

Now that Bill has accepted the offer, Jack is obligated to sell his house to Bill for the price he mistakenly offered it for, which is $189,000.

The acceptance of the offer at the stated price makes it a legally binding contract, and both parties must fulfill their obligations as outlined in the agreement.

In summary, the acceptance of the offer at the stated price of $189,000 means that Bill can purchase Jack's property for that price. Despite the mistake in the offer, Bill's acceptance of the offer creates a legally binding contract between the two parties.

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Gerald Lambert invented Listerine as a surgical antiseptic for throat infections, but was able to market it to a wider audience by
A. having doctors endorse the product.
B. publicizing the problem of halitosis (i.e., bad breath).
C. using fear-arousal.
D. using cognitively based arguments.

Answers

Gerald Lambert invented Listerine as a surgical antiseptic for throat infections, but was able to market it to a wider audience by publicizing the problem of halitosis (i.e., bad breath). The correct option is B.

Listerine is a brand of antiseptic mouthwash, mouth rinse, and gargle used to help reduce the oral bacteria that contribute to bad breath, plaque, and gum disease. It is named after Joseph Lister, who pioneered the idea of sterile surgery, and was invented in 1879 by a physician named Joseph Lawrence, who wanted to formulate an antiseptic that was more effective than carbolic acid, which was widely used at the time but had a bad odor, irritated the skin, and was toxic if ingested. Gerald Lambert purchased the rights to Listerine in 1881 and started marketing it as a remedy for a variety of health issues.In conclusion, Gerald Lambert invented Listerine as a surgical antiseptic for throat infections, but he was able to market it to a wider audience by publicizing the problem of halitosis (i.e., bad breath). Therefore, option B is the correct answer.

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what is the impact of a strong dollar relative to the euro for a u.s. consumer buying a porsche produced in germany with parts from slovakia?

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The answer are strong dollar relative to the euro is beneficial for a U.S. consumer buying a Porsche produced in Germany with parts from Slovakia, as well as for any U.S. business that imports goods from Europe.

When a U.S. consumer buys a Porsche produced in Germany with parts from Slovakia, the impact of a strong dollar relative to the euro is a favorable one. This means that, with a strong dollar, the U.S. consumer can buy the same car at a lower price in terms of the dollar than they would have with a weaker dollar.

This is because the exchange rate between the dollar and the euro directly affects the cost of buying goods or services. The stronger the dollar is relative to the euro, the more purchasing power the U.S. consumer has when buying something that is priced in euros.

In this case, the Porsche produced in Germany with parts from Slovakia would cost less in U.S. dollars if the dollar is strong relative to the euro.

The impact of a strong dollar relative to the euro is also beneficial for any U.S. business that imports goods from Europe. These businesses can purchase the same goods from European suppliers at a lower cost in terms of the U.S. dollar. This reduces their operating costs and increases their profit margins.

Overall, a strong dollar relative to the euro is beneficial for a U.S. consumer buying a Porsche produced in Germany with parts from Slovakia, as well as for any U.S. business that imports goods from Europe.

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a cash flow statement places each source or use of cash into one of three broad categories: operating activities, investing activities, or financing activities. true false

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The statement "A cash flow statement places each source or use of cash into one of three broad categories: operating activities, investing activities, or financing activities" is true because a cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period.

What is a Cash Flow Statement?

A cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period. This statement can be used to assess the overall financial position of a company.

What are the three broad categories?

The three broad categories into which cash inflows and outflows are divided are as follows:

Operating activities are those that relate to the core operations of the company.

Investing activities are those that relate to the acquisition and sale of long-term assets, such as property, plant, and equipment, as well as investments in securities.

Financing activities are those that relate to the raising and repayment of capital.

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an external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as a(n) .

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An external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as an advertising agency.

What is an advertising agency?

Advertising agencies are organizations that provide a range of marketing communication and advertising services to their clients. The job of an advertising agency is to help companies promote their products or services in the most effective and cost-effective way possible. An advertising agency can assist a company in defining a brand strategy, developing creative concepts and messages, producing ads and other promotional materials, and executing campaigns that meet the company's goals and objectives. They provide a full range of services, including creative development, media buying and planning, research, public relations, sales promotion, and other related services.

Advertising agencies frequently take on a significant role in helping clients achieve their marketing goals. They serve as an intermediary between the client and the media, creating and placing advertisements on behalf of the client. This entails a variety of tasks, such as determining the target audience, selecting the appropriate media to use, developing the creative content, and monitoring and measuring the campaign's effectiveness.

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delta diamonds had 5 one-carat diamonds available for sale this year: 1 purchased june 1 for $500, 2 purchased july 9 for $550 each, and 2 purchased september 23 for $600 each. on december 24, it sold one of the diamonds that was purchased on july 9. using a periodic specific identification, its inventory after the december 24 sale is . multiple choice question. $1,650 $2,250 $2,240 $2,300 $550 $2,200

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Delta Diamonds had five one-carat diamonds available for sale this year: one purchased on June 1 for $500, two purchased on July 9 for $550 each, and two purchased on September 23 for $600 each.

On December 24, it sold one of the diamonds purchased on July 9. Using a periodic specific identification, its inventory after the December 24 sale is $2,250.

The periodic specific identification method is a method of inventory valuation in which the cost of each item sold and each item remaining in inventory is physically tracked and recorded. In this scenario, the company bought five one-carat diamonds throughout the year, with the following specifics:

One diamond was purchased on June 1st for $500.

Two diamonds were purchased on July 9th for $550 each.

Two diamonds were purchased on September 23rd for $600 each.

So, the total amount spent on buying five one-carat diamonds is:

= $500 + ($550 × 2) + ($600 × 2)

= $2,400.

On December 24th, the company sold one of the two diamonds purchased on July 9th.

Hence, the cost of goods sold (COGS) for that item is: $550.

The cost of inventory remaining after the sale is:

Total cost of five diamonds = $2,400 - COGS of the sold diamond

= $2,400 - $550

= $1,850.

However, there are still four diamonds in the inventory, one from June 1st and two each from July 9th and September 23rd. The total cost of inventory with respect to these four items is:

=$500 + ($550 × 1) + ($600 × 2)

= $2,250.

Therefore, using the periodic specific identification method, the inventory after the December 24 sale is $2,250. Answer: $2,250.

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a private not-for-profit school received a $60,000 cash gift in year one that must be used (according to the donor) to pay for student lunches. in year two, $34,000 was spent on meals given to the students for free. on the statement of activities for year two, what is the impact reported on unrestricted net assets?

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Answer:The impact reported on unrestricted net assets on the statement of activities for year two would be a decrease of $26,000.

Unrestricted net assets refer to the resources that are not restricted to a specific purpose or use. The cash gift received by the private not-for-profit school in year one that must be used to pay for student lunches falls under the category of restricted net assets. The donor has specified the use of the gift, and therefore, the school cannot use it for any other purpose.In year two, $34,000 was spent on meals given to students for free.

This means that the school cannot use this amount for any other purpose, but it can only use it for paying for student lunches as specified by the donor.Since the gift was restricted and cannot be used for other purposes, the decrease in restricted net assets by $34,000 will result in an equal decrease in unrestricted net assets. Therefore, the impact reported on unrestricted net assets on the statement of activities for year two would be a decrease of $26,000.

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if lola harper had the following itemized deductions, should she use schedule a or the standard deduction? the standard deduction for her tax situation is $12,550.

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Lola Harper should use Schedule A because her itemized deductions of $13,700 are greater than the standard deduction of $12,000.

This means she can claim a larger deduction on her tax return by itemizing her deductions rather than taking the standard deduction.

Lola Harper should use Schedule A because it allows her to deduct specific expenses such as charitable donations, medical and dental expenses, and state income tax. By adding up her itemized deductions, Lola found that the total amount exceeded the standard deduction for her tax situation.

The Calculation for Lola Harper

Itemized deductions = $6,190 (donations to church and other charities) + $2,680 (medical and dental expenses exceeding 10% of adjusted gross income) + $4,830 (state income tax)Itemized deductions = $13,700.

This calculation shows that Lola's itemized deductions exceed the standard deduction of $12,000 for her tax situation, so she would benefit more from itemizing her deductions on Schedule A rather than taking the standard deduction.

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