The balance in her account after 5 years is calculated to be $6460.25 if she deposits $5000 in the saving account.
The balance in her account can be determined by using the formula of compound interest;
A = P[1 + (r/n)]^nt
Here A represents the final amount, P represents the initial balance, r represents the interest rate, n represents the number of times interest was applied per time period and t represents the number of time periods that have passed
As she deposited $5000 in the savings account offering 5.125% compounded daily, substituting these values in the equation as follows;
A = 5000 [1 + (0.05125/365)]^(5)(365)
A = 5000 [1 + (0.000140411)]^1825
A = 5000 (1.000140411)^1825
A = 5000 × 1.29205
A = $6460.25
Hence, the balance in her account will be $6460.25 after 5 years.
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a northeast airlines gate agent, betnijah gray, gives out seat assignments to ticketed passengers. she takes an average of 50 seconds per passenger and is rated 110% in performance. how long should a typical agent be expected to take to make seat assignments? [px]
The Northeast Airlines gate agent Gray distributes seat assignments to ticket holders. She has a performance rating of 110% and averages 50 seconds per passenger. how long should an average agent be given to allocate seats?
The usual fare for a Lofty Airlines flight is $200, while the per-passenger variable cost is $50. In an effort to fill the final 30 available seats on Northeast Airlines, Lofty provides standby passengers with a 50% discount on tickets.
Each possible configuration of the passenger seats can be represented by a permutation of the numbers between 1 and N. We can claim that the "proper" approach is A = 12345N. (each passenger in their designated seat). Consequently, the first person on the seat 1; occupant of seat 2; etc. Northeast Airlines must determine which of the N! total permutations places each number in a different position than in A. When N=4 passengers, one permutation in which no individual is seated in his or her assigned seat is 2413.
As we can put any integer in the first seat but not 1, there are (N-1) alternatives. We can therefore put (N-2) potential numbers in the second seat since neither 2 nor the number can be seated in the first one. This line of thinking will result in (N-1)! permutations where none of the passengers are sitting in their assigned seats.
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assume you have 50/100/25 coverage in your auto insurance policy (a standard non-stacking policy). assume you were at fault in an accident, and two injured parties were awarded the following damages: person 1: $75,000 person 2: $25,000 what would your financial liability be in this case (i.e. the amount not insured)?
Assume you have 50/100/25 coverage in your auto insurance policy in which you were at fault in an accident, and two injured parties were awarded the following damages: person 1: $75,000 person 2: $25,000. Your financial liability is : $25,000.
What is financial liability?Financial liability can be defined as the financial obligation or debt a person is expected to pay.
Hence,
Damages for the injures parties are:
Person 1: $75,000
Person 2: $25,000
Coverage:
50 / 100 / 25
Since only person 2 will be covered in which you can only pay the amount of $50000 to each individual which in turns means that the financial liability will be calculated as:
Financial liability:
Financial liability = Person 1 - Insurance coverage
Financial liability = $75000 - $50000
Financial liability = $25000
Therefore we can conclude that the financial liability is the amount of $25,000.
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what is a characteristic of a monopoly's demand curve? it is the same as the marginal revenue curve it is the same as the market demand curve it is the same as the supply curve it is more elastic than the demand curve of a competitive firm g
It is the same as the market demand curve is a characteristic of a monopoly's demand curve.
The demand curve is a graphical illustration of the connection between the price of a great or service and the quantity demanded for a given time frame. In a normal illustration, the fee will appear on the left vertical axis, the amount demanded on the horizontal axis.
As the price of some thing decreases, customers are inclined to buy more. accordingly, because the price falls at the vertical axis, the quantity demanded may additionally increase and create a demand curve that bends downward and to the right along the horizontal axis.
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regarding portfolio investments, which types of income generally are taxed at a rate lower than the taxpayer's marginal tax rate? (check all that apply.) multiple select question. qualified dividends interest on corporate bonds nonqualified dividends short-term capital gains long-term capital gains
Regarding portfolio investments, qualified dividends types of income generally are taxed at a rate lower than the taxpayer's marginal tax rate. Option A
This is further explained below.
What are qualified dividends?Generally, According to the United States Internal Revenue Code, qualified dividends are ordinary dividends that satisfy certain requirements to be taxed at the lower long-term capital gains rate as opposed to the higher tax rate for an individual's regular income.
Ordinary dividends may be either qualified or nonqualified, depending on the recipient's tax situation.
The most notable distinction between the two is that nonqualified dividends are subject to taxation at the same rates as ordinary income, whilst qualified dividends are given a more advantageous tax status by being subject to taxation at the same rates as capital gains.
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What term is used to describe the practice of unloading materials from an incoming trucks or rail cars and loading these materials onto outbound trucks or rail cars, with little or no storage or warehousing in between?.
Consolidation is the logistics process of removing cargo off an incoming truck or railway and loading it immediately onto an outgoing truck or railcar with little or no storage in between.
How would you define consolidation?The consolidation process or act; the state of consolidation. The act of merging; especially, the joining of two or more corporations through the dissolution of the former and the formation of the latter into a single new entity.The Latin word consolidation, which meaning "to merge into one body," is where the word consolidate derives from. In any situation, consolidating entails combining a number of smaller objects into a single, larger group. For instance, a traveler might combine all of their belongings into one sizable bag.Debt consolidation is the process of combining all of your debts into a single loan or monthly payment, including credit card bills and other loans. Consolidating your debts could simplify or reduce your monthly payments if you have a number of loans or credit card accounts.To learn more about consolidation refer to:
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the project management body of knowledge (pmbok) guide definition of a project indicates that a project is: a. permanent b. multifunctional c. designed to avoid using human resources d. not limited by a budget
The Project Management Institute's (PMI) Project Management Body of Knowledge (PMBOK) is a document that contains standard project management terminology, best practices, and process guidelines.
According to the Pmbok guide, what exactly is project management?
The discipline of initiating, planning, executing, controlling, and concluding the work of a team to achieve particular objectives and meet particular success criteria is called project management.To fulfill the requirements of the project, it is the application of knowledge, skills, tools, and methods to project activities.
A project is defined as a "temporary endeavor with a beginning and an end and it must be used to create a unique product, service, or result" in the third edition of the Project Management Body of Knowledge (PMBOK).
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in bos, by reducing or eliminating some strategy factors, you can: a. reduce costs b. increase value c. diverge from the industry standard d. enhance your focus
In blue ocean strategy, by reducing or eliminating some strategy factors, you can reduce costs.
What is a blue ocean strategy?A blue ocean refers to an analogy to describe the wider and deeper potential to be found in unexplored market space. The term "blue ocean" is vast, deep and powerful in terms of profitable growth.
In marketing, a blue ocean strategy means the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. The strategy is about creating and capturing uncontested market space thereby making the competition irrelevant.
Going forward, the concept of blue ocean is based on the view that market boundaries and industry structure are not a given and can be reconstructed by the actions and beliefs of industry players.
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What territory did the united states formally take possession of after purchasing the territory from russia for $7. 2 million?.
The impending American Civil War delayed the sale. Still, Secretary of State William Seward immediately accepted a fresh Russian offer and, on March 30, 1867, agreed to the Russian Minister in Washington Edouard de Stoeckl's plan to buy Alaska for $7.2 million.
The US and Russia agreed on March 30, 1867, for the US to pay $7.2 million to buy Alaska from Russia. Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl worked out the Treaty's terms with Russia and signed it.
After paying Russia $7.2 million for the territory, the United States officially gained control of Alaska.
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if the dollar appreciates relative to foreign currencies, we would expect: group of answer choices a country's net exports to rise. a country's exports and imports to both fall. a country's net exports to fall. the multiplier to decrease.
if the dollar appreciates relative to foreign currencies, we would expect: a country's net exports to fall.
A foreign currency is a currency used as a means of exchange recognized in a foreign country. This particular currency is the only form of exchange that each government allows to be bought or sold within its borders.
The foreign exchange market is a market in which foreign currencies such as yen, euros and pounds are traded against domestic currencies such as the US dollar.
To facilitate the exchange of money between different countries. You can find countries with excess liquidity and those in need of liquidity. To finance international trade, whose trading constitutes an important part of the foreign exchange market.
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In an open economy, what is the source of supply of dollars in the foreign-currency exchange market?.
In an open economy, the source of supply of dollars in the foreign-currency exchange market is via net capital outflow.
Rather, the level of the net capital surge is decided by the genuinely intrigued rate within the advertisement for loanable funds. Net capital outpouring is additionally known as a net remote venture, or the sum a nation contributes abroad.
The distinction between the esteem of outside resources bought by household inhabitants and household resources bought by worldwide substances speaks to net capital surge. In an open economy, the resources can be purchased and offered within the budgetary advertise.
Net capital outflow is the net stream of reserves being contributed overseas by a nation over a certain period. Net capital outflow alludes to the buying of remote resources by household inhabitants short the buying of residential resources by foreigners.
The NCO bend gets a negative incline in the market since an expanded intrigued rate locally implies a motivating force for savers to spare more at domestic and less overseas.
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the entry to record the purchase of inventory on account causes . multiple choice question. a decrease in assets and stockholders' equity an increase in assets and liabilities a decrease in one asset and an increase in another asset an increase in assets and decrease in stockholders' equity
The entry to record the purchase of goods on account is what results in the purchase of inventory being recorded. Journal entry for an acquisition of stock The first inventory purchase is being processed by the accounts payable system.
The corporation can create a journal entry for an inventory purchase under the periodic method by debiting the purchase account and crediting either the accounts payable or the cash account. The balance of the purchase account is typically on the debit side because it is a temporary account.
At the end of the time period, it will be utilized to calculate the cost of items. Therefore, it is important to accurately record journal entries for purchases, processing, and sales in order to account for inventory. To balance the financial statistics and maintain track of firm inventories.
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yum! brands, the restaurant division of pepsico, has 12,600 kfc restaurants abroad, with more than 3,700 restaurants in china. many of the latter are locally owned and subject to a contractual agreement that allows the owners to operate the business under the established kfc brand name and according to specific rules. yum! brands is engaged in
Yum! brand is engaged in franchising.
A franchise (or franchising) is a technique of selling goods or services that involves a franchise who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchise name and system.
The different types of franchise are :Franchise in management, Franchises in fast food and retail, investment business.
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Instead of cultural and marketing influences, what factors should determine a household’s saving rate?.
The factors that should determine a household’s saving rate are Monetary situations, social establishments, and the person or populace characteristics can all play a function. Monetary conditions together with financial balance and general earnings are vital in figuring out savings costs.
As a minimum 20% of your profits have to move in the direction of savings. Meanwhile, every other 50% (most) ought to move toward requirements, even as 30% goes toward discretionary objects. That is referred to as the 50/30/20 rule of thumb, and it gives a quick and clean manner that will price range your money.
This record is the today's to be had from this supply but is from 2019, and some sources put common savings even higher: Northwestern Mutual's 2022 making plans & progress have a look at found out that the common amount of personal financial savings (not which include investments) became $62,086 in 2022.
In the end, your cash loses its fee and shopping strength. Some other red flag that you have an excessive amount of cash in your financial savings rate is if you exceed the $250,000 restriction set through the Federal Deposit insurance corporation (FDIC) — glaringly not a difficulty for the common saver.
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can an inverted (i.e., downward sloping) yield curve occur with the three theories of the term structure of interest rates? (pure expectations theory, liquidity preference theory, and market segmentation theory.)
None of the listed options for " can an inverted (i.e., downward sloping) yield curve occur with the three theories of the term structure of interest rates (pure expectations theory, liquidity preference theory, and market segmentation theory.)" are relevant hence the correct option is (d).
What is a yield curve?A graphical representation of interest rates on debt for various maturities is called the yield curve. It shows the anticipated rate of return on an investor's investment for a given time frame. The yield of a bond is displayed on the graph's vertical axis, while its remaining maturity time is displayed across the graph's horizontal axis. The curve may change in shape depending on where the economic cycle is in, but it is typically upward sloping.
Since long-term returns are lower than short-term returns, the yield curve can serve as a leading economic indicator, particularly when it flips to an inverted shape, which denotes an economic slump.
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The complete question is mentioned below :
Can an inverted (i.e., downward sloping) yield curve occur with the three
theories of the term structure of interest rates? (Pure expectations theory,
liquidity preference theory, and market segmentation theory.)
a. Yes.
b. All except pure expectations.
c. All except liquidity preference.
d. None of the above
an interest rate stated as nominal 12% per year compounded quarterly is the same as: a) effective 1% per month. b) nominal 1% per month. c) 3% per quarter. d) 12.68% per year.
Option (d) is the best choice. A nominal interest rate of 12% per year compounded quarterly is 12.68% per year.
Nominal Interest Rate: What Is It?Nominal interest rates are those that are calculated without taking inflation into consideration. The interest rate that is advertised or stated for a loan but does not include any fees or interest compounding is often referred to as the "nominal" interest rate.
In the banking industry and in the world of investments, the nominal interest rate is frequently used to define interest on various loans. For instance, if a loan's nominal interest rate is 5%, you can anticipate paying $50 in interest for every $1,000 borrowed. You'll have to pay $1,050 at the end of the year.
The nominal rate of interest= 12% (It is compounded Quarterly)
Take original value= x
Interest per Quarter= ([tex]\frac{0.12}{4}[/tex]) x
value after a quarter= ( 1 + [tex]\frac{0.12}{4}[/tex] ) x
now,
We have 4 quarters
Hence, the value after a year= [tex](1 + 0.03)^{4}[/tex] x = 1.1255
Effective rate of return= [tex]\frac{x( 1.1255x - x)}{x}[/tex] X 100
= 12.6 %
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a customer that owes your company $6,000 for goods purchased has gone bankrupt. what journal entry should your company make to write-off this receivable?
A specific customer's account journal entry should your company make to write-off this receivable.
What is a journal ?A journal is a detailed account that records all financial transactions of a company and is used to reconcile customer's accounts in the future and to transfer information to other formal accounting records such as the general ledger. There are seven different types of journal: Purchases, Purchase Returns, Cash Receipts, Cash Returns, Sales, Sales Returns, and General.Journal Writing allows customer's to write down your experiences and thoughts and use them to identify your goals and goals for the future. Also, writing down customer's daily experiences can help you identify different mistakes you've made and choices that haven't worked for you.Unlike other books that have original entries such as subledgers or cash books, journals do not facilitate internal management because they record transactions only in chronological order.To learn more about journal from the given link :
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the relationship of specific procurement actions to the corporate strategy is the group of answer choices a. project procurement strategy b. corporate procurement strategy c. corporate culture d. none of the above
Corporate procurement strategy is the way in which specific procurement actions relate to the overall corporate strategy.
What is a procurement strategy ?The phrase "procurement" in business refers to the process of acquiring or buying significant quantities of goods or services. How a company should handle its purchase process is described in a procurement strategy. This gives a comprehensive overview of all the procurement process steps and serves as a guide for how a company should carry out its procurement activity.
A framework for a procurement strategy aids firms in selecting suppliers, goods or services, as well as the techniques and protocols they will employ while interacting with vendors.
An efficient procurement strategy must include:
a strategy statement, which outlines the goals of your strategy, intended results, a timetable, deadlines you must fulfill, a tactical plan, which details how your strategy will be put into action, and key performance indicators These are business metrics used to gauge the effectiveness of the procurement process.
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Which does not increase the price of certain goods? question 7 options: tariffs sales taxes excise taxes property taxes
Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Does a tax on excise boost the supply?One of the six factors that determine supply is excise taxes. The supply curve is shifted to the left, reducing supply and raising the equilibrium price. As the vertical distance between the two curves approaches the tax amount, the supply curve will slant.
In the near term, an excise tax raises the cost of the good, albeit not by the whole amount of the tax, and both the producers and the consumers bear the cost burden. The elasticity of supply and demand for the product determines the exact impact.
A regulated tax on particular commodities or services, including alcohol, cigarettes, and gasoline, is known as an excise tax. Instead of being levied internationally across national borders, excise taxes are national taxes imposed within a government infrastructure.
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if after one year of marriage taxpayer pursuant to their divorce decree deeded one-half of the residence to spouse and taxpayer continued to occupy the residence while spouse moved out, and, one year later, they sold the residence for $500,000?
This means that even if the other spouse earned all of the income, one spouse may still be responsible for paying the entire tax bill separating taxpayers.
Any marriage that has been solemnised, whether before or after the start of this Act, may, on a petition presented by either the husband or the wife, be dissolved by a decree of divorce on the grounds that the other party has treated the petitioner cruelly after the marriage has been solemnised; has deserted the petitioner for a continuous period of time; or has engaged in voluntary sexual activity with anyone other than his or her spouse.
Adultery committed before the petition is presented should be the basis of an adultery-based divorce petition. However, proof of adultery committed after the petition was filed is admissible in order for the court to make conclusions about the respondent's behaviour in the future.
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which career worker installs, maintains, and repairs equipment used for communication? select all that apply. printing technology printing press operator
Electronic Home Entertainment Equipment Installer and Telecommunication is the career worker installs, maintains, and repairs equipment used for communication.
Who is equipment installer?The installation and assembly of a piece of equipment are the responsibility of an equipment installer, who might work in many different industries. It refers to all procedures required to fasten the equipment to the structure, including but not limited to bolting and welding.
Telecom technicians are a common term for those who install telecommunications equipment. These experts have hardware knowledge in the areas of phones and the internet, so they can set up the systems for these resources and maintain them once they are in place. Installing communication systems for private clients may be the responsibility of telecom experts working for a business or in the commercial sector.
The correct question is:
Which career worker installs, maintains, and repairs equipment used for communication? Select all that apply.
Printing Technology
Printing Press Operator
Electronic Home Entertainment Equipment Installer
Journalism and Broadcasting
Telecommunications
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an insurance company uses the following tasks to process paperwork. 40 claims need to be processed in an 8 hour day. a. what is the theoretical takt time? b. what is the theoretical number of stations c. assign the tasks to the stations to balance the line using the longest operating time rule. d. what is the efficiency of the balanced line?
Takt time is calculated as Time available for production / Customer demand equals to 8 hours / 40 claims = 8 x 60 minutes / 40 claims = 12 minutes per claim.
Customers' needs for particular goods or services are referred to as consumer demand. Be familiar with the definition of consumer demand, its relationship to supply, and its impact on the economy.
Theoretical number of Takt time workstations = Sum of task times / Cycle time = (6 + 6 + 6 + 9 + 3 + 4) / 12 = 34 / 12 = 2.833 = approximately 3 workstations.
c) The order of the time spent on each activity in decreasing order of consumer demand is D,A,B,C,F,E.
Following the longest operational time guideline, workstations are Takt time assigned to the following tasks:
Workstation Tasks in order Workstation time (Minutes) Idle time (Minutes)
1 D,E 12 0
2 A,B 12 0
3 C,F 10 2
d) Efficiency of Balanced line = Sum of task times / (Number of workstations x cycle time) x 100
= 34/36 x 100 = 94.4%
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canton has 60,000 shares of $10 par issued and outstanding. canton declares a 2-for-1 stock split. what is the par value and number of shares outstanding after the stock split
If canton has 60,000 shares of $10 par issued and outstanding. The par value is $5 per share and number of shares outstanding after the stock split is 120,000 shares.
How to find the number of shares outstanding?Par value:
Par value = $10 / 2
Par value = $5 per share
Using this formula to find the Outstanding shares
Outstanding shares = Current shares outstanding × Number of the split
Where:
Current shares outstanding = 60,000 shares
Number of the split = 2
Let plug in the formula
Outstanding shares= 60,000 shares × 2
Outstanding shares= 120,000 shares
Therefore the number of shares outstanding is 120,000
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if consumers perceive less value relative to competing products, a company should attempt to change customer perceptions to justify a higher price. true false
True, a business should try to change customers' perceptions of value to justify a higher price if they perceive it to be less than that of competing products.
How does price influence how customers perceive you?Price raises both perceived quality and perceived sacrifice (the willingness to pay more), and the trade-off between perceived quality and perceived sacrifice influences perceived value, according to these models. Customers believe that the product is of high quality when its price is high.
Why is it important to take into account how consumers perceive prices?According to research, consumers' decision-making process is influenced by their perceptions of a product's highest and lowest prices. That is, they are influenced by all of the prices they see, not just the anchor price of a particular product.
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Yuan wants to analyze his idea for an entrepreneurial venture using a structured approach that looks at various aspects of the proposed venture and how viable they are. This is known as ________.
Four forms of corporate entrepreneurship—opportunist, enabler, advocate, and producer—have been identified by Robert C. Wolcott and Michael J.
What two perspectives exist on the entrepreneurial approach?
Entrepreneurship was described by Radosevic, Yoruk, Edquist, and Zabala (2012) from the perspectives of 1) a micro phenomenon and 2) a macro phenomenon.
Which four different innovation strategies are there?
According to Dodgson et al., there are four types of innovation strategies: proactive, active, reactive, and passive.
What are the four entrepreneurship theories?
Theories of entrepreneurship include those based on culture, the economy, sociology, and psychology.
The two aspects combined result in a matrix with four dominating models: producer, enabler, advocate, and opportunist.
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find the present value of $800 due in the future under each of these conditions: 12% nominal rate, semiannual compounding, discounted back 7 years. do not round intermediate calculations. round your answer to the nearest cent. $ 12% nominal rate, quarterly compounding, discounted back 7 years. do not round intermediate calculations. round your answer to the nearest cent. $ 12% nominal rate, monthly compounding, discounted back 1 year. do not round intermediate calculations. round your answer to the nearest cent. $ why do the differences in the pvs occur?
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
How is future worth determined?Future value is emphasized by both investors and financial planners because it enables them to predict how much an investment will be valued in the future. Based on their financial goals, it helps investors make wise financial decisions.
FV examples : Future value is the amount of money that, with time and an interest rate, is invested now and will eventually become.
Future value:$800 (US dollars)
interest rate: 12 %
interest periods: 7 years
Result
present value | $346.81 (US dollars)
Equation
FV = PV (1 + i/12)^(12 n) |
PV | present value
FV | future value
i | interest rate
n | interest periods
(assumes finite compounding).
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true or false: multinational corporations require strategic management to discard unprofitable ventures to create capital for expansion into higher-growth product and/or geographic markets.
on march 1st of the current year, julio company purchased equipment for $120,000. the residual value of the equipment is $70,000 and the estimated useful life is 12 years. (round to the nearest $)what is the net book value of the equipment at the end of the current year (12/31)?
Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. Depreciation shows how much of an asset's value has been used.
It enables businesses to purchase assets over a predetermined time and generate income from those assets. The formula for calculating depreciation
(Cost-Residual Value)/ Estimated Life in Units= Depreciation expense per unit
=($120000-$70000)/12= $4167 (Approx)
The income statement for practically every business includes depreciation. Since it is recorded as an expense, it should be considered anytime an item is calculated for year-end tax purposes or to assess whether it is still viable for liquidation.
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some companies expand successful retail businesses by entering into contracts that give others the right to operate businesses with the same name and format. this is called blank . multiple choice question. franchising co-branding licensing an administered vertical marketing system
some companies expand successful retail businesses by entering into contracts that give others the right to operate businesses with the same name and format. this is called franchising.
Franchising is a marketing concept that a company can employ as a plan for business growth. The term "franchise" refers to a method of marketing products or services in which a franchisor develops the brand's trade name and business model and a franchisee pays a royalty and frequently an upfront fee to obtain the right to use the franchisor's name and system.
Through franchising, people can own, manage, and oversee their own businesses without having to take on all of the associated risks. This feature allowed many people to launch their own businesses who would not have been able to do it otherwise.
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true or false: under the terms of a standard universal policy, if beth stops paying her premiums, then the administrative fee and cost of death benefit will be deducted from the savings portion of her policy (assuming sufficient cash value accumulation,) and the policy will remain active. true
In the event that the insured passes away accidentally, the accidental death benefit rider offers extra life insurance coverage.
In the event that the insured becomes disabled and unable to work, the waiver of premium rider relieves the policyholder of making premium payments.
How long does a universal life policy require payments?
A form of permanent life insurance is universal life insurance. Universal life insurance is in force for the remainder of your life, as opposed to term life insurance, which is intended for a certain time, such as 20 years (unless you stop making premium payments).
How does a universal life insurance policy operate?
What's the process for universal life insurance? As a type of permanent insurance, universal life insurance offers lifetime protection as long as payments are paid. This contrasts with term life insurance, which only offers protection for a predetermined amount of time, such 10 or 20 years.
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The pull model is also called ________ which means the production process begins with a ________ so that a company only makes the products and quantities that their customers actually want.
The pull model is also called the production model, which means the production process begins with a customer order so that a company only makes the products and quantities their customers want.
In a supply chain driven by demand instead of forecasts, distribution, production, and procurance area unit are all demand-driven. The number and period of products production area units needed.
A pull system could be a lean-producing technique to chop waste within the production method. During this reasonable system, components used within the production method area unit are solely modified once used, limiting the quantity of merchandise created to the number required to satisfy shopper demand.
As a result of the actual fact that merchandise area units are solely created once there's a solid demand from customers, this manner of producing approach is understood as a pull-provide chain operation. A drawing issue is an associate degree impetus that encourages someone to relocate to a different space or nation.
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