suppose that the price elasticity of supply of wool is 0.25. if the price of wool increases by 20%, the quantity supplied will:

Answer:

Karen is an organizational wizard who pays attention to detail.

Explanation:

Karen is a hierarchical wizard who focuses on detail ,this is the one quality that could be useful to karen in her career .

Advertising and marketing, purchasing and merchandising, distribution and logistics, e-Marketing, management and entrepreneurship, marketing communications and promotion, marketing information management and research, and professional sales are all included in the Marketing, Sales, and Service Cluster. Knowledge-based, skill-based, entrepreneur-based, and freelance career paths are the four main categories. There is a specific set of skills that are needed to succeed in each career path. A term used to describe jobs that aren't advertised or posted online is the "hidden job market." There are a number of reasons why employers might not post jobs: they might be trying to save money on advertising or they might prefer to find candidates through employee recommendations.

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Noncompensatory plans do not provide employees with additional compensation, but rather offer the opportunity to purchase shares at a discount or through a stock purchase plan. The correct answer is d. noncompensatory.

Noncompensatory plans are used to provide employees or shareholders with the opportunity to purchase shares of the company's stock at a discounted price, but do not provide any additional compensation beyond the shares themselves.

These plans are typically used to encourage employee or shareholder investment in the company and to align their interests with the company's success.

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We should allocate 67.57% of the portfolio to the risky stock with a beta of 1.48 and the remaining 32.43% to risk-free U.S. Treasury notes in order to match the risk level of the whole market.

To determine the percentage of the portfolio to invest in the risky stock, we need to first calculate the portfolio beta that matches the risk level of the overall market.

Assuming the overall market has a beta of 1.0, we can use the Capital Asset Pricing Model (CAPM) to calculate the required portfolio beta:

Required portfolio beta = Market beta = 1.0

We can then use the following formula to calculate the portfolio beta based on the weights of the risky stock (W) and risk-free asset (1 - W):

Portfolio beta = W x Beta of risky stock + (1 - W) x Beta of risk-free asset

Substituting the required portfolio beta of 1.0 and the beta of the risky stock of 1.48 into the formula, we can solve for W:

1.0 = W x 1.48 + (1 - W) x 0

1.0 = 1.48W

W = 1.0 / 1.48

W = 0.6757 or 67.57%

Therefore, to match the risk level of the overall market, we should invest 67.57% of the portfolio in the risky stock with a beta of 1.48, and the remaining 32.43% in risk-free U.S. Treasury bills.

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The payment made by the ordinary annuity with the given present value can be calculated using the annuity formula.

The formula is P = PV / ((1-(1/(1+i)^n))/i), where P is the payment, PV is the present value, i is the interest rate per period and n is the number of payments. In this case, the payment P is 88894 monthly payments for 28 years, the present value is 88894, the interest rate is 4% and the number of payments is 28x12 = 336. Therefore, the payment is 88894/((1-(1/(1+0.04)^336))/0.04) = 595.54.

The ordinary annuity is a financial instrument that pays out a fixed amount of money at regular intervals over a period of time. It is most commonly used for retirement and pension plans, annuities, loan payments, mortgages, and other financial instruments.

The payment is usually fixed over the term of the annuity, and the payments occur at the same time each period. The present value is the amount of money that needs to be paid in order for the annuity to be established, and the interest rate is the rate of interest that will be charged on the annuity.

In this case, the payment made by the ordinary annuity with the given present value is 595.54. This is calculated by using the annuity formula which takes into account the present value, the interest rate and the number of payments.

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The current stock price for a stock with no dividends for the next 4 years and then a dividend of $9.95, growing at 3.83%, with a discount rate of 7.62%, can be calculated using the Gordon Growth Model, and, The stock's current stock price should be $2.62.

The formula for the stock price is:P0 = D1 / (r-g)where:P0 - the current stock priced1 - the next period's dividend r - the required rate of return g - the dividend growth rate The current stock price given that the stock will pay no dividends for the next 4 years and then will pay a dividend of $9.95 growing at 3.83% is $73.07.

What should be the current stock price?P0 = D1 / (r-g)

Where:P0 = current stock price d1 = the next period's dividend r = the required rate of return g = the dividend growth rateD1 = $9.95

The dividend growth rate is 3.83%.The required rate of return is 7.62%.P0 = $9.95 / (7.62% - 3.83%)P0 = $9.95 / 3.79P0 = $2.62

The stock's current stock price should be $2.62.

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Clients often initially respond to confrontation by A. Superficial Agreement

A client's initial response to confrontation can vary, but often they may respond with either superficial agreement, repeating the inconsistency, or denial.

Superficial agreement involves the client agreeing with the points being made but then quickly moving on, without really engaging with the issue or considering how it can be changed. Repetition of the inconsistency involves the client restating the same problem without actively engaging in any discussion about how to address it. Denial is a refusal to accept that there is any problem or that it is of any significance. In some cases, clients may respond with a combination of these responses (a and c).

In all cases, it is important to listen carefully to the client's response and try to move the conversation forward, either by exploring the source of the problem and how it can be addressed, or by exploring different perspectives and finding solutions that are mutually beneficial. Clients often initially respond to confrontation by A. Superficial Agreement

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A sales forecast is best described as b. a fact-based prediction of the best, worst, and most-likely sales levels of a business. It is not a determination of how extreme weather may affect sales levels or the level of sales a business needs in order to break even.

A sales forecast is a prediction of the amount of goods or services a business will likely sell in the near future. It is a prediction that is based on market trends, industry trends, competitor information, customer feedback, and other market research. Sales forecasts are typically based on historical data, but also take into account future projections.
Sales forecasts are often used to help businesses plan for the future, make decisions on investments, and help to estimate future cash flow. The forecasting process usually involves the use of forecasting tools and software to help the business create an accurate forecast. This forecast can then be used to help inform strategic decisions about pricing, promotion, and product placement.
Sales forecasts are also used to compare and evaluate the effectiveness of marketing and promotional campaigns, as well as track performance over time. Additionally, sales forecasts can be used to identify trends and changes in the market and to develop strategies to capitalize on those changes.
In summary, a sales forecast is a fact-based prediction of the best, worst, and most-likely sales levels of a business. It is an important tool that businesses use to help inform decisions and plan for the future.

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Investment is still vitally important for an economy for all of the following reasons except it determines how much money will be be in savings accounts, stocks and bonds. The answer is OPTION D.

Investment supports economic expansion in this way. One element of total demand is investment. (AD). Therefore, if investment increases, AD and short-term economic development will be boosted.

Increased investment and a rise in AD will speed up economic development if there is available capacity. Investment is the preparation that protects the majority of people from the future's unpredictability. An investment is a financial asset that is bought with the expectation that it will either generate money in the future or appreciate and be sold for a higher price. The answer is OPTION D.

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A benchmark PE ratio can be determined using all the options:

A price-earnings (P/E) ratio is a financial measure that is used to evaluate a company's current share price relative to its per-share earnings. It is calculated by dividing the company's current stock price by its earnings per share (EPS).

There are several ways to determine a benchmark P/E ratio for a company. These include:
- Using a company's own historical P/Es: Historical P/Es can be useful for companies that have been publicly traded for several years and have a proven track record of profitability.
- Bank of Canada estimates: The Bank of Canada publishes estimates of P/E ratios for public companies. These estimates can be used as a benchmark for comparison.
- The constant growth model: This model uses a company's expected future earnings growth to calculate a P/E ratio. This model is useful for companies with steady growth rates.
- The P/Es of similar companies: By looking at the P/Es of companies in the same industry, investors can get a good idea of what a reasonable benchmark P/E ratio is for the industry.

Overall, determining a benchmark P/E ratio for a company can be a useful way to gauge the value of a company's stock. By using all the methods outlined in the options, investors can better assess the value of their investments.

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The percent changes in nonfarm business products between the fourth quarter of 2019 and the first quarter of 2020,

To find the percent changes in nonfarm business productivity between the fourth quarter of 2019 and the first quarter of 2020, you would need to look at the productivity data for both quarters. The formula for calculating the percent change is:

Percent change = [(New value - Old value) / Old value] x 100%

So, we need to find the productivity value for Q4 2019 and Q1 2020 and use the formula above to calculate the percent change, which we don't have access to.

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Other examples of provider-routed services that are routed by the client are theme parks, museums, and health clubs, with virtually limitless options for routes.

The foreign party is in responsibility of all freight transportation decisions when the shipment is routed through a customer (for a U.S. export). You are essentially giving the consumer full control of your goods so they can decide how it will be shipped.

those that give clients a lot of freedom to choose among a variety of available routes via the service delivery system the ones that are most suited to their current requirements and desires. Ex: looking up information online, visiting museums, exercising, etc.

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The account most commonly debited by purchasers for transportation costs they are responsible for paying is the "Transportation-In" account

Normally included in the cost of products sold, this account is intended to track the transportation expenses related to the acquisition of goods or materials.

Transportation-In costs cover a range of costs associated with moving products, including goods, insurance, handling, and customs taxes. These expenses are borne by the buyer and are consequently included in the price of the products or materials being purchased.

The buyer can keep track of and record these transportation costs apart from the price of the products by debiting the Transportation-In account. This data can be used to compute the gross margin on sales, estimate the true cost of inventories, and analyse the overall cost of a purchase.

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The International Monetary Fund (IMF) is an international institution whose primary concern is global stability.

IMF works to ensure the stability of the global economy, maintain global financial stability, promote international trade and reduce poverty. The IMF works to promote economic growth by helping countries access capital, providing loans and financial advice, monitoring macroeconomic policies and helping countries manage debt. The IMF also has a role in developing and promoting global standards of fiscal and monetary policy, and it provides technical assistance and policy advice to its members. The North American Free Trade Agreement (NAFTA) is an agreement between Canada, Mexico, and the United States that reduces tariffs on trade between the three countries, making trade between them easier and more competitive. The Organization of Petroleum Exporting Countries (OPEC) is an international cartel that attempts to control the supply of oil in order to maintain a stable price. The European Union (EU) is an economic and political union of 27 countries that work together to promote peace and economic prosperity. The Asian Development Bank (ADB) is a multilateral development bank whose mission is to improve the quality of life in Asia and the Pacific by investing in infrastructure, human capital, and other projects.

In summary, IMF is an example of an institution whose primary concern is global stability.

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The correct option is B, the month of April and the monthly account summary the reconciled balance in the checking account is $1027.

If we go by Bank account balance then reconciled balance should be $1105 less $78 outstanding check that comes to $1027.

If we go by Checking account balance then reconciled balance should be $1032 less $5 service charges that also comes to $1027

A reconciled balance refers to the final balance of an account after all transactions have been reviewed, compared, and adjusted between two parties, typically a company and a financial institution. This process is known as bank reconciliation, where a business verifies that the transactions recorded in their accounting system match the transactions processed by the bank.

The reconciled balance takes into account any outstanding transactions that have not yet been cleared, such as checks that have been written but not yet cashed, or deposits that have been made but not yet credited. The goal of bank reconciliation is to ensure that the account balance in the company's books is accurate and up-to-date, which helps to prevent overdrafts, minimize errors, and identify any fraudulent activity.

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Complete Question:-

Use the following check register for the month of April and the monthly account summary to answer the following question:

What is the reconciled balance in the checking account?

a. $1032

b. $1027

c. $750

d. $1105

$2.10 is the firm's marginal cost of producing the 900th gadget.

The marginal cost of producing the 900th gadget is the increase in total cost when producing one additional unit. To calculate this, we need to know the fixed cost and variable cost associated with the production process.

The fixed cost is the cost incurred to produce the 900th unit, regardless of the number of units produced. Examples of fixed costs include rent, insurance, and wages of full-time employees.

The variable cost is the cost incurred to produce the 900th unit, and is directly proportional to the number of units produced. Examples of variable costs include raw materials, shipping, and packaging.

The marginal cost of producing the 900th gadget can be calculated by adding the fixed cost and variable cost associated with the production process. Assuming that the fixed cost and variable cost are $0.50 and $1.60 respectively, then the marginal cost of producing the 900th gadget is $2.10 ($0.50 + $1.60). Therefore, the correct answer is $2.10.

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Option a is Correct. A beta of 1.0 indicates a market-like risk. Just the return volatility on a specific bond as compared to an index of the bond market is measured by beta.

When some radionuclides undergo a process known as beta-decay, electrons or positrons with high energy and high speed (-) or both are released from the nucleus. In nuclei with too many neutrons to achieve stability, beta-decay typically occurs.

A beta ray. Electrons from the inner nucleus are released as very energetic beta particles. They are negatively charged and have very little mass. On the emission of a beta particle, a neutron separates into a proton and an electron in the nucleus.

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The ink produced by Spots, Inc. and sold to Write on Target is "an intermediate good", meaning it is a product used in the production of another good rather than sold directly to consumers. Option B is correct.

An intermediate good is a product that is used in the production of another good rather than sold directly to consumers.

In this case, the ink produced by Spots, Inc. is not sold directly to consumers but is instead sold to Write on Target for use in the production of pens. Intermediate goods are not included in the calculation of GDP since they are not sold directly to consumers, but they are important in the production process and contribute to the overall economy.

This question should be provided as:

Spots, Inc. produces ink and sells it to Write on Target, which makes pens. The ink produced by Spots, Inc. is called

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The break-even point in dollars of sales is $6,186.70, the break-even point in chairs sold is 9.18 chairs, and the break-even point in bar stools sold is 36.71 bar stools.

The formula for finding the break-even point isSales revenue = Fixed cost + Variable cost. For a particular sales mix, break-even sales revenue can be calculated. The following is the calculation: Break-even sales revenue = Fixed cost ÷ Contribution margin ratio

The contribution margin ratio formula is as follows: Contribution margin ratio = (Sales price - Variable cost) ÷ Sales price

For the calculation, we must first find the total fixed cost, variable cost per unit, and sales price per unit. These are given below:

Fixed cost = $5,000

Variable cost per chair = $20

Variable cost per bar stool = $12

Sales price per chair = $60

Sales price per bar stool = $80

Now, the contribution margin ratio is calculated for both the items as follows: Contribution margin ratio of chair = ($60 - $20) ÷ $60 = 0.6667 or 66.67%

Contribution margin ratio of bar stool = ($80 - $12) ÷ $80 = 0.85 or 85%

The weighted average contribution margin ratio is then calculated as follows: Weighted average contribution margin ratio = [(0.6667 x 1) + (0.85 x 4)] ÷ 5= 0.8067 or 80.67%

The weighted average contribution margin ratio is then used to find the break-even point as follows: Break-even sales revenue = $5,000 ÷ 0.8067 = $6,186.70

Thus, the break-even point in dollars of sales is $6,186.70. The number of chairs and bar stools can be calculated using the sales mix. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), then the number of chairs sold would be 20% of the total units sold and the number of bar stools sold would be 80% of the total units sold.

Therefore: Number of chairs sold = 20% of total units sold = 0.20 x Break-even sales unitsNumber of bar stools sold = 80% of total units sold = 0.80 x Break-even sales units

Substituting the value of break-even sales units as 45.89, we get: Number of chairs sold = 20% x 45.89 = 9.18Number of bar stools sold = 80% x 45.89 = 36.71

Thus, the break-even point in dollars of sales is $6,186.70, the break-even point in chairs sold is 9.18 chairs, and the break-even point in bar stools sold is 36.71 bar stools.

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HTML elements do not have physical attributes.

HTML elements are the building blocks of HTML pages, consisting of tags and text. An HTML element is described by a beginning tag, some content, and an ending tag. Here is an example of an HTML element: This is a paragraph element.

Attributes in HTML are used to provide additional information about HTML elements. Attributes are always defined in the beginning tag of an element, and they appear as name/value pairs, with the name being the attribute and the value being the attribute value.For example, the height and width attributes are physical attributes that are commonly used for images. The "src" attribute, on the other hand, specifies the URL of the image to be shown. All of these are examples of physical attributes. HTML elements, on the other hand, do not have physical attributes.

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Some examples of things that do not have physical attributes include emotions, thoughts, and ideas. Emotions such as happiness, sadness, anger, and fear are not physical in nature.

They are subjective experiences that are felt internally and cannot be seen or touched. For example, you cannot physically observe someone's happiness or touch someone's sadness.

Thoughts and ideas also do not have physical attributes. They exist within our minds and are not tangible or visible. We can think about concepts like love, justice, or freedom, but we cannot physically see or touch these ideas.

In summary, things that do not have physical attributes include emotions, thoughts, and ideas. These are intangible and exist within our minds rather than in the physical world.

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The amount by which sales can drop before losses are incurred is the margin of safety

The statement "The amount by which sales can drop before losses are incurred is the safety margin" means that the safety margin represents the amount by which sales can decline before a business incurs losses.

The safety margin is the difference between a company's current sales and its break-even point. It is a measure of how much sales can decline before a company begins to incur losses. The larger the safety margin, the more cushion a company has to weather a downturn in sales or unexpected expenses.

In essence, the safety margin represents the level of risk that a business can tolerate without going into the red. A company with a small safety margin is more vulnerable to changes in the market, while a company with a large safety margin has a greater ability to withstand economic shocks or unexpected events.

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See full question below

The amount by which sales can drop before losses are incurred is the (1) of (2). (Enter only one word per blank).

After the beneficiary has left the funds in the tax-deferred account, the amounts received from a traditional IRA will be taxed at the distribution rate with no additional fees.

While universal life policies' cash value increases at a rate more reliant on the market than whole life policies', both have a fixed interest rate for cash value growth (but with a guaranteed minimum rate).

The life insurance company usually gets the cash value after you pass away. Your loans and withdrawals from the cash value of the policy are deducted from the death benefit paid to your beneficiaries.

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The purpose of a SWOT analysis is to identify an organization's internal strengths and weaknesses and external opportunities and threats.

What is a SWOT analysis? A SWOT analysis is a strategic planning method used to evaluate an organization's strengths, weaknesses, opportunities, and threats. SWOT is an acronym for the terms:

SWOT analysis is an essential tool for developing a long-term business strategy. It will help an organization to recognize its strengths and weaknesses and plan for the future accordingly. By assessing the opportunities and threats in the external environment, the company will make informed business decisions that increase its chances of success.

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SWOT analysis is a valuable tool in developing a change strategy as it helps organizations assess their internal strengths and weaknesses, as well as external opportunities and threats. This analysis provides a comprehensive understanding of the current state of the organization and the environment in which it operates, enabling informed decision-making for change initiatives.

Strengths: By identifying internal strengths, such as unique capabilities, resources, or expertise, organizations can leverage them to support the change strategy. These strengths can be harnessed to build on existing advantages and facilitate a smooth transition.

Weaknesses: Recognizing internal weaknesses allows organizations to address potential obstacles or limitations that may impede the change process. By understanding these weaknesses, organizations can develop strategies to mitigate them or allocate resources to overcome challenges.

Opportunities: Assessing external opportunities helps organizations identify potential areas for growth, innovation, or market expansion. By aligning the change strategy with these opportunities, organizations can capitalize on favorable conditions and enhance their competitive position.

Threats: External threats pose risks and challenges that need to be considered in the change strategy. By evaluating threats such as market competition, regulatory changes, or technological advancements, organizations can proactively address them and develop contingency plans.

Overall, SWOT analysis provides a structured framework for organizations to evaluate their current situation and make informed decisions about change initiatives. It helps identify areas of focus, prioritize actions, and develop strategies that align with the organization's strengths and opportunities while addressing weaknesses and mitigating threats.

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Clay's Capital gain is $19,000. Clay purchased the Elm Corporation stock 20 years ago for $10,000. This means that in the current year, he sold the stock for $29,000, resulting in a gain of $19,000.

The gain or loss of a security is calculated by subtracting the purchase price from the sale price. In this case, Clay's gain is $19,000 ($29,000 - $10,000 = $19,000).

Capital gains and losses are reported on the IRS tax form Schedule D, and the gain or loss is calculated by subtracting the original cost basis (the cost at the time of purchase) from the current sale price.

If the sale price is higher than the original cost basis, then the difference is the gain, and if it is lower, then the difference is the loss.

In Clay's case, the sale price was $29,000, which was higher than the original cost basis of $10,000, resulting in a gain of $19,000. Clay must report this gain on his tax return, and he may be liable for taxes depending on his other income and deductions.

Therefore, Clay's gain from selling the Elm Corporation stock is $19,000.

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The given statement "companies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance." is true because cultural values and ability to perform in the market can have a significant impact on a company's success.

Cultural values, such as transparency, mutual respect, and diversity, can have a significant impact on a company's bottom line. When employees share the same values, they are more likely to work together cohesively, reducing conflict and misunderstandings.

A company's success also depends on its ability to perform in the market. Managers should pay attention to business performance, which is the degree of effectiveness with which a company uses its resources to produce goods and services. Companies that perform well are often those that develop innovative products, adapt to changes in the market, and make the most efficient use of their resources.

Therefore, in today's volatile world, companies that succeed are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance.

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The ending long-term debt account balance on the company's balance sheet is $45,745.

At the beginning of the year, Shinedown Corporation had a long-term debt balance of $47,380. During the year, the company repaid a long-term loan in the amount of $13,505 and paid $5,270 in interest. Additionally, the company opened a new long-term loan for $11,870.

To calculate the ending long-term debt account balance, we must subtract the loan repayment of $13,505 from the beginning balance of $47,380 and add the new loan of $11,870.

Ending long-term debt account balance = $47,380 - $13,505 + $11,870 = $45,745

Therefore, the ending long-term debt account balance on the company's balance sheet is $45,745.

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False. The kick-off meeting is typically held after the business case and project charter have been completed.

A kick-off meeting is the initial meeting held with the team and stakeholders after a project has been granted the green light.

The purpose of the kick-off meeting is to inform everyone of the project's overall purpose and scope, as well as to set the tone for the project's management.

Because the business case and project charter serve as the foundation for project success, they must be created prior to the kick-off meeting. They establish project goals, objectives, scope, and constraints, as well as provide a blueprint for the project manager to follow.

Once the project manager has established the business case and project charter, the kick-off meeting can be held to officially launch the project.

Therefore, the statement "the kick-off meeting is always held before the business case and project charter is completed" is FALSE.

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The correct answer is option B, bank capital is the resources that owners have put into the bank.

The bank capital is the resources that owners have put into the bank. Bank capital can be defined as the financial resources that the owners have put into the bank.

It is an important measure of the bank's financial strength since it indicates how much of the bank's assets are financed by equity as opposed to debt.

The amount of capital a bank has available determines how much it can lend and how much risk it can take on. This is because the capital is what backs up the bank's loans and other investments.

Therefore the correct option is b.

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Marcia will receive a margin call $20.88 per share when the stock price of Hyde Foods falls

The total cost of purchasing 100 shares of Hyde Foods stock at $35 per share is:

100 x $35 = $3,500

Since the initial margin requirement is 65%, Marcia only needs to put up 65% of the purchase price, or:

$3,500 x 0.65 = $2,275

This means that the remaining 35% is borrowed from the broker, or:

$3,500 - $2,275 = $1,225

To calculate the lowest stock price before receiving a margin call, we need to use the maintenance margin. The maintenance margin is the minimum amount of equity that must be maintained in a margin account, expressed as a percentage of the total market value of the securities held in the account. If the equity in the account falls below this level, the broker will issue a margin call.

Since the maintenance margin is 35%, the equity in the account must be at least 35% of the total market value of the securities held in the account. At a stock price of $35 per share, the market value of the 100 shares is:

100 x $35 = $3,500

The equity in the account is therefore:

$3,500 - $1,225 = $2,275

To find the lowest stock price before receiving a margin call, we can set up the following equation:

$2,275 / $3,500 = 0.65 - (X / $35)

Where X is the new stock price before a margin call is issued. Solving for X, we get:

X = $20.88

Therefore, the lowest the stock price can go before Marcia receives a margin call is $20.88 per share.

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The correct sequence of communication events is given below: b. Sender has an idea. c. Sender encodes message. e. Message travels over the channel. a. Receiver decodes message. d. Feedback travels to the sender.

Rehanna decides to propose a cost-saving reorganization of the company's client database. In this sequence, the sender has an idea of what to do, they encode the message, and the message travels over the channel. Then the receiver decodes the message, and finally, feedback travels to the sender. Feedback is the reaction of the receiver of the message to the sender.

It is important to mention that feedback is the essence of communication. It provides an opportunity for the sender to rectify and improve his communication skills. In summary, the sequence of communication events in Rehanna's case is sender has an idea, sender encodes message, message travels over the channel, receiver decodes message, and feedback travels to the sender.

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The statement "Research has demonstrated that higher proportions of women in top management can result in significantly better financial performance." is true.

The researchers discovered that businesses with higher levels of women in top management had a 15% higher chance of better profitability in terms of net income margins than firms with fewer females in leadership roles.

Management is the practice of organizing and coordinating an organization's resources to achieve its goals. These resources include human, financial, and natural resources.

The role of management is to make effective use of the resources at their disposal to achieve the goals of their organization.

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