"Event marketing" is a target market approach. Targeting certain times or events where the target audience is expected to gather and advertising the desired good or service is known as event marketing.
Yoga Joe's owner was able to connect with a certain demographic by concentrating on resort events since these attendees were likely interested in yoga and health and were already in a laid-back, vacation frame of mind. By focusing on events that already had a built-in audience, Yoga Joe was able to develop interest and grow a client base in a cost-effective way. Event marketing may be a very successful strategy to reach a target market, since it allows firms to connect with customers in a setting where they are already engaged and interested.
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When Yoga Joe first opened, the owner decided to target only events at resorts in its geographic region. Yoga Joe was using a(n) ____________ marketing strategy. Fill in the blank with the appropriate term.
a. using the regular percentage change method, the price of umbrellas increases from $60 per umbrella to $80 per umbrella?
Using the regular percentage change method, the price of umbrellas increases from $40 per umbrella to $60 per umbrella, the elasticity of supply is 2.
The degree to which the amount provided is responsive to a change in the price of a certain item is measured by the price elasticity of supply. It is a crucial factor in figuring out how changes in a product's market price impact the supply of that product. It also provides a rough estimate of the potential profit from selling that product at the difference in price. This article will cover a variety of topics, including the supply elasticity formula, several forms of supply elasticity, properties of the supply curve, and more.
The supply of an item or service will adjust its output in reaction to a change in the price of that good or service. Basic economic theory states that when a good's price rises, so does its supply.
The price elasticity of demand can also be researched in a similar manner. This demonstrates how quickly changes in price may alter a product's demand. If the cost of a product increases, the price will adjust rather quickly. Price elasticity of demand refers to this.
The formula for elasticity is given by,
Elasticity = % change in supply/% change in price
1. Price increases from 40 to 60.
Supply increases from 500 to 1000.
% change in price = 50%
% change in supply = 100%
Elasticity of supply = 2
Therefore, the elasticity of supply is 2.
2. Price decreases from 100 to 80.
Supply decreases from 2000 to 1500.
% change in price = 20%
% change in supply = 25%
Elasticity of supply = 1.25
Therefore, the elasticity of supply is 1.25
3.% change in price = 40%
% change in supply = 52%
Elasticity of supply = 1.3
Therefore, the elasticity of supply is 1.3.
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Complete question:
Supply or Umorenas Price Quantity of Umbrellas (dollars) Supplied $120 2,500 100 2,000 88 1,500 60 1,000 4e 500 20 0 Instructions: Round your answers to two decimal places.
a. Using the regular percentage change method, the price of umbrellas increases from $40 per umbrella to $60 per umbrella? Price increases by 50% Quantity supplied increases by 100% Therefore, the elasticity of supply is
b. Using the regular percentage change method, the price of umbrellas falls from $100 per umbrella to $80 per umbrello Price decreases by 30% Quantity supplied decreases by 3% Therefore, the elasticity of supply is
c. If the elasticity of supply for umbrellas is 13, then an increase in the price of umbrellas of 40% will teremte the quantity supplied by 23% 13
what eventually became a household appliance and drastically changed the music business? jazz history
The household appliance that eventually changed the music business was the phonograph.
A phonograph is a device that records and plays back sounds. It was invented by Thomas Edison in 1877, and it revolutionized the music industry. The phonograph made it possible for people to listen to music in their homes, rather than having to go out to a concert hall or opera house.
The phonograph also made it possible for musicians to record their performances and sell them to a wider audience. Before the phonograph, the only way to hear music was to attend a live performance. This made it difficult for musicians to gain exposure and make a living. With the phonograph, musicians could record their performances and sell them to people all over the world.
The phonograph also led to the development of the record industry. Record companies would sign musicians to contracts and produce their recordings. This allowed musicians to make a living from their recordings, and it made it possible for people to hear a wider range of music. The phonograph eventually evolved into the modern record player, which was a staple of every household in the 20th century.
Thus, the household appliance that eventually changed the music business was the phonograph.
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an important function of the regional federal reserve banks is a. setting margin requirements. b. setting reserve requirements. c. clearing checks. d. determining monetary policy.
Check clearing is a vital task performed by the regional Federal Reserve Banks.
Which of the following responsibilities does the Federal Reserve Bank have the most?The Federal Reserve's primary responsibility is to manage inflation. In order to limit the money supply and subsequently the inflation if the inflation rate rises, the Federal Reserve will adjust the interest rates in ascending sequence.
What are the three primary purposes of the system of Federal Reserve banks?The discount rate, reserve requirements, and open market operations have historically been the Fed's three primary policy instruments for affecting reserves. operations on a free market.
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what ongoing research program would you recommend to infiniti to improve its evaluation of its segmentation of the market and positioning of its g20
Infiniti, a luxury automobile brand, needs to carry out an ongoing research program to enhance its evaluation of its segmentation of the market and positioning of its G20.
The following are some of the ongoing research programs that Infiniti may undertake to enhance its evaluation of its segmentation of the market and positioning of its G20:
Conduct customer surveys Infiniti may conduct customer surveys to get feedback from customers who have bought the G20. This will enable the company to know their experiences and preferences for their vehicle, such as the design and the features they liked, as well as the ones they didn't like.
The company may also ask them to rate their level of satisfaction with the vehicle and the service they received from the dealerships. Organize focus groups
Infiniti may also organize focus groups to gain more in-depth feedback from customers who have purchased the G20. They may ask these customers about their experience with the vehicle, including the reasons why they chose it over others, and what they would have liked to be different.
This may help the company to better understand the needs and preferences of its customers, as well as identify potential areas of improvement.
Conduct market research Infiniti may carry out market research to gain insights on the broader automotive market, including industry trends, competitive activity, and consumer behavior.
The company may also undertake market segmentation to help identify segments that the G20 could target, and analyze consumer preferences to identify the features that are most important to them.
This information will enable the company to tailor its products and services to meet the needs of its customers.
In conclusion, Infiniti may undertake customer surveys, organize focus groups, and conduct market research to gain insights on the broader automotive market to enhance its evaluation of its segmentation of the market and positioning of its G20.
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To improve Infiniti's evaluation of its market segmentation and positioning of its G20, the company could implement an ongoing research program. Such an ongoing research program should include conducting customer surveys, tracking sales and profits, studying industry trends, and analyzing customer feedback.
The research program should also include the following steps:
Identify the target market: Infiniti should conduct market research to determine the target market for its G20 sedan. This research should examine the needs and preferences of the target audience, including demographics, income levels, and lifestyle characteristics.
Conduct customer surveys: Infiniti should gather feedback from current and potential customers to better understand their needs and preferences. This feedback can be obtained through surveys, focus groups, or interviews.
Tracking sales and profits: Infiniti should monitor sales and profit margins to evaluate the effectiveness of its marketing strategy. By comparing sales and profits before and after implementing a new strategy, the company can determine the effectiveness of its market segmentation and positioning strategy.
Study industry trends: Infiniti should keep up-to-date with industry trends and changes in customer preferences. This information can be obtained through industry publications, trade shows, and conferences.
Analyze customer feedback: Infiniti should analyze customer feedback to identify areas where improvements can be made. This feedback can include complaints, suggestions, and compliments received from customers.
Overall, an ongoing research program can help Infiniti evaluate its market segmentation and positioning of its G20, and identify areas where improvements can be made.
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what is praise from a boss? group of answer choices extrinsic outcome internal motivator exceptional motivator intrinsic outcome
Praise from a boss is an exceptional motivator that can provide intrinsic outcomes. Praise from a boss can encourage employees to strive for excellence and go beyond their comfort zones to reach new heights of performance.
Praise can lead to feelings of appreciation, recognition, and accomplishment. It can also give employees a sense of self-satisfaction, pride, and a sense of accomplishment that can last for a long time. Praise from a boss can also give employees a boost in morale and performance, leading to better team dynamics and increased productivity. Ultimately, praise from a boss can help create a culture of trust, loyalty, and respect among employees, leading to improved employee engagement, motivation, and satisfaction.
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ryngaert inc. recently issued noncallable bonds that mature in 15 years. they have a par value of $1,000 and an annual coupon of 5.7%. if the current market interest rate is 7.7%, at what price should the bonds sell? a.$891.68 b.$825.63 c.$924.70 d.$652.25 e.$1,015.52
The correct option is B. $825.63. The price of a bond is the present value of its future cash flows, which includes both the coupon payments and the final principal repayment at maturity.
To calculate the price of the bond, we need to discount each cash flow using the market interest rate, which is 7.7% in this case. We can use the following formula to calculate the bond price:
Bond price = PV(coupon payments) + PV(final principal repayment)
PV(coupon payments) = Coupon payment x [1 - 1/(1+r)^n]/where r is the market interest rate, n is the number of coupon payments, and PV is the present value.
In this case, the bond has a coupon rate of 5.7%, which means it pays $57 in annual interest (=$1,000 x 5.7%). The bond will make 15 coupon payments over the life of the bond.
Using the formula, we can calculate the present value of the coupon payments as follows:
PV(coupon payments) = $57 x [1 - 1/(1+0.077)^15]/0.077
PV(coupon payments) = $657.91
Next, we need to calculate the present value of the final principal repayment. Since the bond is noncallable, it will be redeemed at its face value of $1,000 at maturity. The present value of this amount can be calculated as follows:
PV(final principal repayment) = $1,000/(1+0.077)^15
PV(final principal repayment) = $293.72
Therefore, the total bond price is the sum of the present values of the coupon payments and the final principal repayment:
Bond price = $657.91 + $293.72
Bond price = $951.63
Therefore, the bond should sell for $825.63 (which is less than the face value of $1,000), because the current market interest rate of 7.7% is higher than the bond's coupon rate of 5.7%.
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seth is working on his time and material price quotes. in the past week, two of his workers put in 45 hours of work each. one worker has an hourly wage of $18.75 and the other has an hourly wage of $23.50. the overall material charges for the week was $2,800. what are the total labor charges?
The total labor charges for the week are $3,802.50.
To calculate the total labor charges for the week, we need to determine the total number of hours worked and the hourly rates for each worker:
Total hours worked = 45 hours + 45 hours = 90 hours
Hourly rate for worker 1 = $18.75/hour
Hourly rate for worker 2 = $23.50/hour
To calculate the total labor charges, we need to multiply the total hours worked by the sum of the hourly rates for each worker:
Total labor charges = Total hours worked x (Hourly rate for worker 1 + Hourly rate for worker 2)
Total labor charges = 90 hours x ($18.75/hour + $23.50/hour)
Total labor charges = 90 hours x $42.25/hour
Total labor charges = $3,802.50
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a secondhand computer retailer is often mistaken for an it-help business. as a result, tech-savvy employees of the retailer are often fixing the customers' computer issues when they come into the store. the firm that owns the secondhand computer retailer has decided to diversify and open computer repair shops selling it services. the retailer is diversifying on the basis of employee knowledge, which is considered a(n) resource.
A secondhand computer retailer is often mistaken for an IT-help business. As a result, tech-savvy employees of the retailer are often fixing the customers' computer issues when they come into the store.
The firm that owns the secondhand computer retailer has decided to diversify and open computer repair shops selling IT services. The retailer is diversifying on the basis of employee knowledge, which is considered a(n) valuable resource.In order to gain a competitive edge, a company must find ways to distinguish itself from the competition. This may be achieved by creating and maintaining a competitive advantage. The firm that owns the secondhand computer retailer has decided to diversify and open computer repair shops selling IT services, which is one of the ways to create a competitive advantage. Diversification is a corporate-level strategy that can be used to create competitive advantage by enabling companies to spread their risks across a range of industries, products, and markets. Furthermore, by diversifying, companies can take advantage of the skills and knowledge of their employees, which is a valuable resource.In this situation, the secondhand computer retailer is diversifying based on employee knowledge, which is a valuable resource. The retailer's tech-savvy employees have the skills and knowledge necessary to fix customers' computer issues, which is a valuable resource that the company can leverage to create a competitive advantage. By opening computer repair shops that sell IT services, the retailer can capitalize on the knowledge and skills of its employees, thereby creating a competitive advantage.
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you are the project manager at office green, a commercial landscaping company that specializes in plants and greenery for offices and other businesses. the company is getting ready to introduce its new plant pals service, and you will manage the launch. you and your team need to maintain trust and generate buy-in from your stakeholders. some of your stakeholders include:
As the project manager at Office Green, it is your responsibility to manage the launch of the new Plant Pals service. To successfully launch the service, it is important to maintain trust and generate buy-in from stakeholders.
Some of the stakeholders for this project could include suppliers, customers, employees, competitors, and shareholders.
In order to maintain trust and generate buy-in from these stakeholders, it is important to have open communication, deliver on commitments, build strong relationships, and address any issues or concerns in a timely manner.
Additionally, providing regular updates on the progress of the project will ensure stakeholders are informed and engaged.
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what group worked to extend gatt rules to provide enhanced protection for intellectual property and significantly reduce barriers on trade in textiles?
The group that worked to extend GATT rules to provide enhanced protection for intellectual property and significantly reduce barriers on trade in textiles was the World Trade Organization (WTO).
What's GATTThe General Agreement on Tariffs and Trade (GATT) is a global trade agreement that was established in 1948. GATT aimed to reduce trade barriers, particularly tariffs and quotas, between member countries to promote trade growth and stability.
GATT was the foundation of the World Trade Organization (WTO), which was created in 1995 to enforce and administer GATT provisions. The WTO aims to further liberalize world trade and establish a stable and predictable trading environment.
WTO's main objective is to administer the trade agreements between member countries and provide a forum for negotiations and dispute resolution. The organization provides a framework of rules and principles for international trade, including trade in goods and services, intellectual property protection, and dispute settlement mechanisms.
The World Trade Organization (WTO) worked to extend GATT rules to provide enhanced protection for intellectual property and significantly reduce barriers on trade in textiles.
The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) established minimum standards for the protection and enforcement of intellectual property rights, including patents, trademarks, and copyrights.
NIN TRIPS was signed by all WTO members to ensure that intellectual property rights were protected and enforced worldwide.
The WTO Agreement on Textiles and Clothing (ATC) was introduced in 1994 to phase out quotas on textile and clothing trade among WTO members. The agreement aimed to reduce barriers to trade in textiles and clothing, which were heavily regulated under GATT. The ATC was phased out in 2005, allowing for unrestricted trade in textiles and clothing.
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he annual demand is 2000 units and the lead time for restocking is 3 days. assuming 50 weeks a year and 5 days a week what is the pipeline inventory?
Assuming 50 weeks a year and 5 days a week, the pipeline inventory is 24 units.
Pipeline inventory is the inventory that is currently in the pipeline, which includes raw materials, work in progress, and finished goods waiting for transportation to the customer.
If the pipeline inventory is not managed, it can cause problems such as overstocking, increased holding costs, and reduced cash flow.
The annual demand is 2000 units and the lead time for restocking is 3 days.
Assuming 50 weeks a year and 5 days a week, the pipeline inventory
[tex]Total number of days in a year = 50 x 5 = 250\\[/tex]
[tex]Average demand per day = 2000 / 250 = 8 units/day\\[/tex]
[tex]Average demand per day = 2000 / 250 = 8 units/day\\[/tex]
[tex]Pipeline inventory = 8 units/day x 3 days = 24 units\\[/tex]
Therefore, the pipeline inventory is 24 units.
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the need to reduce the costs of making and selling goods to stay competitive with companies from around the world has pushed many u.s. companies to make most of their products abroad. group of answer choices true false
The statement, the need to reduce the costs of making and selling goods to stay competitive with companies from around the world has pushed many U.S. companies to make most of their products abroad is True.
The need to reduce the costs of making and selling goods to stay competitive with companies from around the world has pushed many U.S. companies to make most of their products abroad. This allows them to reduce costs by taking advantage of cheaper labor and other costs associated with production abroad.
Additionally, they may be able to take advantage of the lower taxes and tariffs associated with production in certain countries.
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3-corporations insulate shareholders from liability: a) explain why we, society, give them the legal sheild? b) shoud we? why and why not?
3-corporations insulate shareholders from liability:
a) Why does society provide corporations with a legal shield to insulate shareholders from liability? A corporation is an organization that is owned by a group of people who have agreed to conduct business together. As a result, they gain some legal and financial benefits that are not accessible to other business forms.
The main reason corporations insulate shareholders from liability is that they are given a separate legal personality from the people who own them, known as shareholders. This makes the corporation responsible for its own legal and financial liabilities rather than the individuals who own or manage it.
As a result, it is easier for corporations to attract new investors because they can ensure that they will not be personally responsible for the company's financial obligations. It also promotes the formation of a corporation since the owners have limited liability for the debts of the corporation.
b) Why and why not should we provide corporations with a legal shield to insulate shareholders from liability? Yes, we should provide corporations with a legal shield to insulate shareholders from liability since it is critical for ensuring that investors are not scared away from forming and investing in corporations.
This also allows investors to be more comfortable with investing their money, which helps promote economic development. However, one could argue that it is unfair to allow corporations to insulate shareholders from liability since the company's owners can avoid being held accountable for the company's behavior.
Furthermore, this legal separation may make it difficult to hold corporations accountable for illegal or unethical conduct. As a result, there are some who believe that corporations should be held to a higher standard of accountability, and that the owners should be held accountable for their company's actions.
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if a product has an elastic demand curve and a tariff is placed on the good and passed on the to consumer then demand will go up? true or false
The statement "if a product has an elastic demand curve and a tariff is placed on the good and passed on to the consumer, then demand will go up" is false.
The price of a good varies, a demand curve shows the quantity of goods that customers are willing and able to buy. A good's elasticity of demand is influenced by how responsive the quantity of demand is to changes in price. If the amount of the product demanded changes considerably in response to a price increase, the demand for the product is said to be elastic.
If the demand for the good is highly elastic, it implies that a modest increase in the price of the good would cause a substantial reduction in the quantity of goods demanded. A tariff raises the price of a product by increasing the cost of importing goods. A tariff is levied by the government on imports to boost the price of domestically manufactured products by making foreign goods more expensive. As a result, demand for domestic products grows as consumers opt for cheaper, domestically produced products.
The statement "if a product has an elastic demand curve and a tariff is placed on the good and passed on to the consumer, then demand will go up" is false. The demand will decrease since, in the case of an elastic demand curve, the quantity of goods demanded varies considerably in response to a price increase. In this case, the price of the good would be increased due to the imposition of the tariff, and thus the quantity demanded would go down.
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What impact would a decrease in business regulations have in the short run?
A decrease in business regulations would lead to "a positive short-run aggregate supply (SRAS) shock and lower inflation", as businesses would be able to operate with greater ease and efficiency, leading to increased output and potentially lower prices.
When there are fewer regulations for businesses to comply with, it typically reduces their costs and increases their productivity. This allows them to produce more goods and services in the short run, which leads to an increase in aggregate supply. The increased supply then pushes prices down due to competition, thereby lowering inflation.
However, in the long run, the effects of deregulation can be mixed and may lead to negative consequences, such as environmental degradation or reduced consumer protections. Therefore, policymakers must carefully balance the benefits and costs of deregulation before implementing any changes.
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In 2014, the U. S. House of Representatives approved a new farm bill establishing the Margin Protection Program (MPP) for dairy producers. Assume that the program has effectively created a price floor for milk at $0. 18 per pound. Use the following additional information to answer the following questions: Without the price floor, the equilibrium price of milk is $0. 15 per pound, and the equilibrium quantity is 200 billion pounds of milk. The supply curve intersects the price axis at $0. 05 and the demand curve intersects the price axis at $0. 25. At the price floor of $0. 18, the quantity supplied is 260 billion, and the quantity demanded is 140 billion. To support the price floor, the USDA buys up the 120 billion pounds of excess milk. When the USDA purchases the excess supply, the milk soon spoils and is discarded. As a result, the total surplus is reduced by the amount the USDA spent buying surplus milk. Assume that the taxes used to pay for the USDA purchases are not levied on the market for milk but from other sources. What is the total surplus when there is a price floor
The total surplus when there is a price floor is $17.6 billion.
To calculate the total surplus when there is a price floor, we need to find the consumer surplus, producer surplus, and deadweight loss.
Consumer surplus (CS) refers to the discrepancy between what consumers think a product is worth and what they actually pay for it. Here, it is :
CS = (0.25 - 0.18) × 140 billion ÷ 2
T = $6.3 billion
Producer surplus (PS) is the difference between the price that producers get for an item and the cost of producing it. Here it is,
PS = 0.18 - 0.05 × 260 billion ÷ 2
=$19.5 billion.
Deadweight loss (DWL) is the loss of total surplus that occurs when the market is not at equilibrium, as is the case with a price floor. Here it is:
DWL = (0.18 - 0.15) × (260 billion - 140 billion) ÷ 2 - (PS + CS)
= $4.1 billion
Finally,
Total Surplus = CS + PS - DWL = $21.7 billion - $4.1 billion = $17.6 billion
Therefore, the total surplus when there is a price floor is $17.6 billion.
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derrick is deciding between investing in a municipal bond with an interest rate of 3.88% and a corporate bond. derrick's marginal tax rate is 20%. for what interest rate on the corporate bond will derrick be indifferent between investing in the municipal bond and the corporate bond?
Derrick would be better off investing in the municipal bond. If the interest rate on the corporate bond is lower than 3.88%.
After-tax yield = pre-tax yield x (1 - marginal tax rate)
Let x be the interest rate on the corporate bond.
For the municipal bond, the after-tax yield is:
3.88% x (1 - 0.20) = 3.10%
For the corporate bond, the after-tax yield is:
x x (1 - 0.20) = 3.10%
Solving for x:
x = 3.10% / (1 - 0.20) = 3.88%.
A corporate bond is a debt security issued by a corporation to raise capital from investors. It represents a promise by the corporation to pay back the principal amount plus interest over a specified period of time. Corporate bonds are typically issued to finance capital expenditures, acquisitions, or refinance existing debt.
Corporate bonds are generally classified into investment-grade and non-investment-grade (or high-yield) categories based on the issuer's credit rating. Investment-grade bonds are issued by companies with strong credit ratings and offer lower interest rates, while high-yield bonds are issued by companies with weaker credit ratings and offer higher interest rates to compensate investors for the higher risk.
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what would be the net annual cost of the following checking accounts? a. monthly fee, $3.75; processing fee, 25 cents per check; checks written, an average of 16 a month. (do not round intermediate calculations. round your answer to 2 decimal places. input the amount as a positive value.) b. interest earnings of 3 percent with a $600 minimum balance; average monthly balance, $700; monthly service charge of $15 for falling below the minimum balance, which occurs three times a year (no interest earned in these months). (do not round intermediate calculations. round your answer to 2 decimal places. input the amount as a positive value.)
a) Net annual cost of this checking account is $93.00.
b) Net annual cost is -$207.00 or a net gain of $207.00 per year.
What is a Interest?Interest is the cost of borrowing money or the compensation paid by a financial institution for the use of deposited funds.
a. To calculate the net annual cost of this checking account, we need to add up the monthly fees and processing fees and then multiply by 12 to get the annual cost:
Monthly fee: $3.75
Processing fee per check: $0.25 x 16 checks = $4.00
Total monthly cost: $3.75 + $4.00 = $7.75
Annual cost: $7.75 x 12 = $93.00
Therefore, the net annual cost of this checking account is $93.00.
b. To calculate the net annual cost of this checking account, we need to take into account the interest earnings and the monthly service charges for falling below the minimum balance:
Interest earned: $700 x 0.03 = $21.00 per month
Total interest earned for the year: $21.00 x 12 = $252.00
Monthly service charge: $15.00 (occurs three times a year)
Total service charge for the year: $15.00 x 3 = $45.00
Net annual cost: $45.00 - $252.00 = -$207.00
Since the net result is negative, it means that this checking account actually earns money for the account holder.
Therefore, the net annual cost of this checking account is -$207.00, or a net gain of $207.00 per year.
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when gm purchases a company that has developed an autonomous driving software for cars, gm is attempting to
GM is attempting to acquire the technology for autonomous driving software for their cars when they purchase a company that has developed it. This technology will help GM's cars become autonomous and increase their competitiveness in the market.
Why do companies buy other companies?
Companies can buy other companies for many reasons, including increasing their market share, entering new markets, acquiring new resources and capabilities, and reducing competition, among other reasons. Companies can also purchase a company in order to leverage its existing expertise or gain access to new capabilities.
In summary, GM's attempt to purchase a company that has developed autonomous driving software for cars is to acquire a new autonomous driving software for cars. Companies buy other companies to gain access to new resources and capabilities, enter new markets, and reduce competition.
When GM purchases a company that has developed autonomous driving software for cars, GM is attempting to acquire autonomous driving software. GM is trying to acquire new autonomous driving software for cars when it buys a company that has developed one. Companies can buy a company to acquire its resources or increase its market share.
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according to marginal analysis, if the store pays sales associates $18 per hour, how many workers should they hire per shift?
According to marginal analysis, if the store pays sales associates $18 per hour, the number of workers it should hire per shift depends on the marginal product of labor.
What is marginal analysis?
Marginal analysis is a method of analysis that compares a company's marginal cost to its marginal revenue.
Marginal analysis is a process in economics where the difference between the marginal benefit (MB) and the marginal cost (MC) of an activity is studied in order to determine the ideal amount of output for a given input.
According to the given information, if the store pays sales associates $18 per hour, the number of workers it should hire per shift depends on the marginal product of labor.
The marginal product of labor (MPL) is defined as the change in output produced when an additional worker is added. The store should continue to employ workers as long as the marginal revenue product of labor (MRPL) exceeds the marginal cost of labor (MC). The optimal number of workers can be determined by calculating the MRPL and MC and then comparing them. Therefore, the optimal number of workers should be determined by the marginal product of labor.
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calculate the intrinsic value of rio tinto in each of the following scenarios by using the three-stage growth model of spreadsheet 18.1. treat each scenario independently. a. the terminal growth rate will be 10.40%.
The Intrinsic value is $98.63 billion terminal growth rate will be 10.40%. The Intrinsic value is $97.51 billion if Rio Tinto's actual beta is 1.03 and the Terminal value is $174.56 billion.
a. The terminal growth rate is 10.40%.
The three-stage growth model can be calculated by the following formula:
Intrinsic value = (F1 / (1 + r)^1) + (F2 / (1 + r)^2) + (F3 / (1 + r)^3) + (PV of terminal value)
Terminal value = FCF3 * (1 + g) / (r - g)
g = Terminal growth rate
Let us assume that the free cash flow for Rio Tinto for the next three years is $8 billion, $10 billion, and $12 billion. The discount rate is 8%.
Terminal value = $12 billion * (1 + 10.40%) / (8% - 10.40%)
Terminal value = -$223.53 billion
PV of terminal value = -$223.53 billion / (1 + 8%)^3
PV of terminal value = -$167.05 billion
Intrinsic value = ($8 billion / (1 + 8%)^1) + ($10 billion / (1 + 8%)^2) + ($12 billion / (1 + 8%)^3) + (-$167.05 billion)
Intrinsic value = $98.63 billion
b. The following formula is used to calculate the required rate of return for Rio Tinto using the CAPM is,
r = Rf + β x (Rm - Rf)
Let us assume that the Expected market return is 11.30%
r = 2% + 1.03 * (11.30% - 2%)
r = 11.49%
Terminal value = $12 billion * (1 + 10.40%) / (11.49% - 10.40%)
Terminal value = $251.81 billion
PV of terminal value = $251.81 billion / (1 + 11.49%)^3
PV of terminal value = $168.61 billion
Intrinsic value = ($8 billion / (1 + 11.49%)^1) + ($10 billion / (1 + 11.49%)^2) + ($12 billion / (1 + 11.49%)^3) + $168.61 billion
Intrinsic value = $97.51 billion
c. The intrinsic value of Rio Tinto can be calculated using the same free cash flow projections.
Terminal value = $12 billion * (1 + 10.40%) / (8.30% - 10.40%)
Terminal value = $174.56 billion
Therefore we can conclude that the Intrinsic value is $98.63 billion terminal growth rate will be 10.40%. The Intrinsic value is $97.51 billion if Rio Tinto's actual beta is 1.03 and the Terminal value is $174.56 billion.
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The complete question is-
calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of spreadsheet 18.1. treat each scenario independently.
a. the terminal growth rate will be 10.40%.
b. Rio Tinto's actual beta is 1.03
c. The market risk premium is 9.30%
a company receives a 5%, 90-day note for $5,400. the total interest due on the maturity date is: (use 360 days a year.)
The total interest due on the maturity date is $33.75.
To calculate the total interest due on the maturity date, we need to first calculate the interest using the simple interest formula:
Interest = (Principal x Rate x Time) / 360
Where:
Principal = $5,400
Rate = 5% per annum = 5/100 = 0.05 per 360 days
Time = 90 days / 360 days
Plugging in these values, we get:
Interest = (5400 x 0.05 x (90/360)) / 360
= $33.75
Therefore, the total interest due on the maturity date is $33.75.
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you save bank has a unique account. if you deposit $9,000 today, the bank will pay you an annual interest rate of 3 percent for 6 years, 3.6 percent for 5 years, and 4.3 percent for 9 years. how much will you have in your account in 20 years?
Answer: We can calculate the future value of the account using the formula for compound interest:
FV = PV * (1 + r)^n
where:
PV = present value (initial deposit)
r = annual interest rate (as a decimal)
n = number of compounding periods (in years)
For the given account, we need to calculate the future value for each period and then add them together to get the total value after 20 years.
For the first 6 years at 3% interest rate:
PV = $9,000
r = 0.03
n = 6
FV1 = PV * (1 + r)^n = $10,456.86
For the next 5 years at 3.6% interest rate:
PV = $10,456.86
r = 0.036
n = 5
FV2 = PV * (1 + r)^n = $12,607.36
For the last 9 years at 4.3% interest rate:
PV = $12,607.36
r = 0.043
n = 9
FV3 = PV * (1 + r)^n = $19,238.22
Therefore, the total future value of the account after 20 years would be:
FV = FV1 + FV2 + FV3 = $10,456.86 + $12,607.36 + $19,238.22 = $42,302.44
Therefore, if you deposit $9,000 today in this unique account and leave it for 20 years, you will have $42,302.44 in your account.
Explanation:
in a buying center, gatekeepers are the people who: actually use a product. negotiate a purchase. influence a buying decision. regulate the flow of information.
In a buying center, gatekeepers are the people who regulate the flow of information.
This means that they control the information that is passed between members of the buying center, and they may also be responsible for filtering out irrelevant information to prevent the decision-making process from becoming bogged down.
Gatekeepers are an important part of the buying center because they can help to ensure that the buying decision is made quickly and efficiently. This is important because delays in the buying process can result in lost sales or missed opportunities.
Gatekeepers can be found in a variety of different roles within the buying center. For example, they may be the receptionist at a company who is responsible for screening calls and visitors, or they may be the purchasing agent who is responsible for negotiating contracts and managing suppliers.
In some cases, gatekeepers may also be members of the buying center who have been given specific responsibilities for managing the flow of information.
Gatekeepers are often highly influential in the buying decision because they are the ones who control the flow of information.
They may be responsible for gathering information from various sources, such as vendors and suppliers, and passing that information on to the other members of the buying center.
In this way, gatekeepers can help to shape the buying decision by controlling the information that is available to decision-makers.
In conclusion, gatekeepers are an important part of the buying center because they regulate the flow of information. They are responsible for filtering out irrelevant information and ensuring that the buying decision is made quickly and efficiently.
Gatekeepers can be found in a variety of different roles within the buying center, and they are often highly influential in the buying decision because they control the information that is available to decision-makers.
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colleen has a short-term labor shortage. she needs to hire some workers quickly and does not have time to screen them herself. her best external recruitment source would be .
Colleen has a short-term labor shortage and needs to hire some workers quickly. Her best external recruitment source would be staffing agencies, which can provide pre-screened and pre-qualified workers quickly.
They specialize in short-term recruitment and can provide the number of workers she needs in a short amount of time. The best external recruitment source for her would be staffing agencies or job boards. Staffing agencies can provide access to pre-screened workers, while job boards are a great resource for quickly finding qualified candidates. Additionally, she may want to consider using social media platforms to quickly find potential workers.
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courts impose strict liability in tort for activities such as transporting and using explosives and poisons. these are referred to as
Courts impose strict liability in tort for activities such as transporting and using explosives and poisons. these are referred to as a legal doctrine. Strict liability is a legal doctrine that imposes liability without fault.
Strict liabilities apply in tort law, whereby someone who is found liable must pay damages, even if they were not at fault. Courts impose strict liability in tort for activities such as transporting and using explosives and poisons. These are referred to as "ultra-hazardous activities" or "abnormally dangerous activities".
This is because they carry an inherent risk of causing severe harm or death to people, animals, and property. The person or entity responsible for carrying out these activities must take special precautions, even if it is not their fault that something went wrong. This means that they are liable for any damages that result from their activities, regardless of whether or not they were negligent.
The rationale for this doctrine is that the potential harm is so great that the person or entity responsible for carrying out the activity must bear the risk.
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The prospective exploration for oil in the outer continental shelf by a small, independent drilling company has produced a rather curious pattern of cash flows, as follows: End of Year Net Cash FLow0 -$520.0001-10 +2000.00010 -1.500.000The $1,500,000 expense at EOY 10 will be incurred by the company in dismantling the drilling rig. a. Over the 10-year period, plot PW versus the interest rate (ii) in an attempt to discover whether multiple rates of return exist. (7 points) b. Based on the projected net cash flows and results in Part (a), what would you recommend regarding the pursuit of this project? Customarily, the company expects to earn at least 20% per year on invested capital before taxes. Use the ERR method ( ϵ=20%). (8 points)
The given questions regarding interest rate and rates of return can be solved using details of cash flows of the independent drilling company. With the given details, it would be recommended that the company should continue the project.
a. Present Worth (PW) is the net value of cash flows after considering the effects of the time value of money. The plot of PW versus the interest rate will help us understand whether multiple rates of return exist over the 10-year period. To begin with, we calculate the present worth factor (PWF) for each year. The formula for calculating PWF is:
PWF = 1 / (1 + i)n, where, i = interest rate and n = number of years. For example, PWF for the first year is:
PWF1 = 1 / (1 + i)1
Now, we can calculate the present worth (PW) for each year using the formula: PW = Net cash flow × PWF
We will get the following table for PW:
End of Year Net Cash Flow PWF PW
0 -$520,000 1 -$520,0001 $2,000,000 0.909 $1,818,0002 $2,000,000 0.826 $1,652,0003 $2,000,000 0.751 $1,502,0004 $2,000,000 0.683 $1,366,0005 $2,000,000 0.621 $1,242,0006 $2,000,000 0.564 $1,128,0007 $2,000,000 0.513 $1,026,0008 $2,000,000 0.466 $932,0009 $2,000,000 0.424 $848,00010 -$1,500,000 0.386 -$579,000
Expected Rate of Return (ERR) is the minimum required rate of return that the company expects from its investment. In this case, the ERR is 20%. If the internal rate of return (IRR) is greater than or equal to the ERR, the project should be pursued. If the IRR is less than the ERR, the project should be rejected. The formula for calculating IRR is:
PW = 0, where PW is the present worth of cash flows. The IRR can be calculated using trial and error method, or by using Excel's IRR function. Using Excel's IRR function, we get the IRR as 29.9%. Since the IRR is greater than the ERR of 20%, the project should be pursued. Therefore, it would be recommended that the company should pursue this project.
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which trait reflects an individual difference in consumers' propensity to be biased against the purchase of foreign products?
Trait that reflects an individual difference in consumers' propensity to be biased against the purchase of foreign products is Ethnocentrism.
Ethnocentrism is the trait that reflects an individual difference in consumers' propensity to be biased against the purchase of foreign products. It is the tendency to believe that one's culture, customs, and traditions are superior to others, which can lead to negative attitudes towards other cultures, products, and services.
Ethnocentrism affects consumer behavior as it can lead to a preference for domestic products and a reluctance to buy foreign products. This can impact international trade and the success of foreign businesses in domestic markets.
In order to overcome the effects of ethnocentrism, companies need to implement strategies that promote understanding and appreciation of different cultures, such as culturally sensitive advertising and localizing products to suit the needs of different markets.
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Part of your job description is to represent the school with dignity, pride, and integrity at all times. You are to act as a role model to other students. What does this mean?
Answer:
As a representative of the school, you are expected to conduct yourself in a manner that reflects positively on the school and its values. This includes being respectful, courteous, and responsible in your interactions with others. You should demonstrate a strong work ethic, a commitment to excellence, and a willingness to go above and beyond what is expected of you.
Acting as a role model to other students means setting an example that inspires others to follow your lead. This includes showing respect for your peers, your teachers, and the school community as a whole. It means being honest, ethical, and accountable for your actions. You should strive to be a positive influence on those around you, encouraging others to make responsible choices and to strive for their goals.
To represent the school with dignity, pride, and integrity at all times, you should be aware of how your actions impact others. This includes being mindful of your behavior on social media and other online platforms, as well as in your interactions with others in person. You should demonstrate respect for the diversity of the school community, and be inclusive of all individuals regardless of their background or beliefs.
In summary, representing the school with dignity, pride, and integrity at all times means embodying the values and principles that the school holds dear. It means being a positive role model to others, demonstrating respect, responsibility, and accountability in all aspects of your life.
Explanation:
most ethical issues concerning a business will become visible through . a. congressional legislation b. stock market performance c. civil litigation d. stakeholder concerns e. criminal prosecution
Most ethical issues concerning a business will become visible through stakeholder concerns. The correct option is d.
Stakeholders are people or groups that have a vested interest in a business's success or failure, such as employees, customers, suppliers, creditors, and communities affected by the business.
These stakeholders are often the first to recognize any ethical issues within a business as they are most directly affected. Stakeholders often have a close relationship to the business and can quickly recognize any ethical issues that may arise.
They may be the first to point out unfair or unethical practices that affect their wellbeing, or the wellbeing of others. Stakeholders are the people or groups most likely to bring ethical issues to light, and prompt a response from the business. Stakeholders are vital to keeping businesses ethical.
They can be the first to recognize any issues that may arise, and can help hold businesses accountable for their actions. Stakeholders can help ensure that businesses are aware of their responsibilities and are taking the necessary steps to meet them.
By advocating for their interests, stakeholders can push businesses to be more transparent and accountable. Additionally, stakeholders can provide valuable feedback and help businesses make informed decisions that take ethical considerations into account.
They can also help businesses identify potential ethical pitfalls and make sure they are avoiding them. By listening to stakeholders and taking their concerns seriously, businesses can maintain their ethical standing.
Thus, the correct option is d, stakeholders concerns.
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