A 20 year bond has an annual effective yield rate of 6.00%. coupons are paid semi-annually at 5.75%. the bond is redeemed at par value of 10,000 at maturity. how much would the price increase if the yield rate changes to 6.25% convertible semi-annually
Answers
The price of the bond would decrease by approximately $44.60 if the yield rate changes to 6.25% convertible semi-annually.
The bond has a face value of $10,000, and a yield rate of 6.00% per annum, paid semi-annually at 5.75%. This means that the bond pays a coupon of $287.50 every six months (5.75% of $10,000/2). We can use the formula for the present value of a bond to calculate its price:
Price = (C/((1 + r/n)^nt)) + (F/((1 + r/n)^nt))
where C is the coupon payment, r is the yield rate, n is the number of coupon payments per year, t is the number of years, and F is the face value.
Using this formula, we can calculate that the price of the bond is $10,358.99.
If the yield rate changes to 6.25%, we can calculate the new price of the bond using the same formula:
Price = (C/((1 + r/n)^nt)) + (F/((1 + r/n)^nt))
where r is now 6.25%. Plugging in the numbers, we get a new price of $10,314.39.
The price of the bond has therefore decreased by $44.60.
To elaborate further, when the yield rate increases, the present value of the bond decreases because the fixed coupon payments become less attractive compared to the new higher rates available in the market. In other words, if a new bond is issued with a higher yield rate, investors will demand a higher rate of return from the existing bond to compensate for the difference in yield.
When we calculate the new price of the bond using the higher yield rate of 6.25%, we can see that the price decreases by $44.60, which is a small decrease relative to the face value of $10,000. This suggests that the bond is relatively insensitive to changes in yield rates and is therefore less volatile than other bonds with longer maturities or lower coupon rates.
It is also worth noting that the bond is callable, meaning that the issuer has the right to redeem the bond before maturity. This feature may affect the price of the bond and should be taken into account when analyzing its risk and return profile.
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Related Questions
By establishing property rights, governments provide _______ for people to create new goods and services.
1.thefts
2.incentives
3.Intangible assets
Answers
Answer:
2.incentives
Explanation:
There are many local, state, and federal government incentives available at the moment which are directed towards the home buyer, especially first home buyers of new homes.
hopefully, that helps!
2. What does a correlation coefficient of 0.76 between two assets indicate?
(1 point)
Answers
Answer:
The two assets are highly correlated
Explanation:
Just took the test
Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:
Answers
Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%
why planning is important before starting a business?
Answers
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
Hope this helps :)
hurry please i need the answer im on a quiz
Answers
The transcontinental railroad change life for people in the United States because it became much easier to travel from the east to the west.
What is transcontinental railroad?
Contiguous railroad trackage that spans a continental land mass and has terminals at various oceans or continental borders is known as a transcontinental railroad or transcontinental railway. Such networks can be over lines that are owned or controlled by a single railroad, a network of railroad companies, or both along a continuous path.
Although there are railroads all over Europe, they are typically not regarded as transcontinental, with the potential exception of the legendary Orient Express.
Transcontinental railroads made it possible to explore and settle previously unreachable uninhabited interior areas of continents.
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QUESTION 4Frank owns a café, and his totalrevenue is not sufficient to cover his average total cost. What areFrank’s options in the short run? 2MarksQUESTION 5A manufacturer must decide what level of output is profit maximising quantity. Use graph(s) to illustrate and explain how the manufacturer can use marginal analysis to decide on this level of quantity. 1.5 Marks
Will producing a profit maximising quantity guarantee a profit? Explain. 1 Mark
QUESTION 6
What type of market structure are the restaurants in Sunshine shopping centre? Explain. 1 Mark
Explain two strategies a firm in an oligopoly market pursue to increase customer loyalty. 1 Mark
QUESTION 7
Define game theory and explain why game theory is used to analyse the behaviour of an oligopoly firm. 1 Mark
Answers
4) If Frank's total revenue is not sufficient to cover his average total cost, he can either continue operating in the short run and incur losses or temporarily shut down until his revenue increases.
In the short run, a firm can either continue operating and incur losses if its total revenue is not sufficient to cover its average total cost or temporarily shut down until its revenue increases. If Frank continues operating in the short run, he will incur losses, but he can cover some of his fixed costs.
However, if he temporarily shuts down, he can avoid incurring any variable costs and minimize his losses. Frank should consider his fixed costs, the possibility of increasing revenue in the future, and the duration of the temporary shutdown before making a decision.
5) A manufacturer can use marginal analysis to determine the profit-maximizing quantity by comparing the marginal revenue and marginal cost of each additional unit produced.
Marginal analysis is a decision-making tool used by firms to determine the optimal level of output.
A manufacturer can use marginal analysis to decide on the profit-maximizing quantity by comparing the marginal revenue (the additional revenue generated by producing an additional unit) and marginal cost (the additional cost incurred by producing an additional unit) of each additional unit produced.
The profit-maximizing quantity is reached when marginal revenue equals marginal cost, as producing additional units beyond this point will result in lower profits.
Producing a profit-maximizing quantity does not guarantee a profit. While it maximizes the profit per unit produced, the total profit depends on the level of demand for the product. If the demand for the product is low, even producing the profit-maximizing quantity may result in losses.
6: The restaurants in Sunshine shopping centre are likely in a monopolistic competition market structure.
Monopolistic competition is a market structure characterized by a large number of small firms that sell differentiated products.
The restaurants in Sunshine shopping centre are likely in a monopolistic competition market structure because they sell differentiated food products, and each restaurant has its own unique style, quality, and menu. The restaurants compete against each other by advertising, offering promotions, and providing unique dining experiences.
A firm in an oligopoly market can pursue two strategies to increase customer loyalty:
Differentiation: By offering unique products or services, an oligopoly firm can differentiate itself from its competitors and increase customer loyalty. For example, a mobile phone company can offer new and innovative features to attract and retain customers.
Price leadership: An oligopoly firm can also increase customer loyalty by setting the price as the market leader. By doing so, the firm can signal to customers that it offers the best value for money, leading to increased customer loyalty.
7: Game theory is a tool used to analyze the behavior of oligopoly firms and their interaction in the market.
Game theory is a mathematical tool used to analyze the strategic interactions between two or more players in a game. Oligopoly firms are characterized by interdependence, where the actions of one firm affect the profits of other firms in the market.
Game theory is used to analyze the behavior of oligopoly firms and their interaction in the market by examining the strategic decisions made by each firm, taking into account the actions of other firms.
By using game theory, firms can determine their optimal strategy in response to the actions of their competitors, leading to a more informed decision-making process.
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how much financing did the stockholders of purrfect pets, inc. directly contribute to the company? a) 117,900b) 662,100c) 780,000d) 1398,100
Answers
To determine the amount of financing that the stockholders of Purrfect Pets, Inc. directly contributed to the company, we need to look at the stockholders' equity section of the company's balance sheet. Stockholders' equity represents the amount of money that investors have invested in the company through the purchase of common and preferred stocks.
After examining the balance sheet of Purrfect Pets, Inc., we can see that the total stockholders' equity is $780,000. This means that the stockholders of the company have directly contributed $780,000 in financing. Therefore, the answer to the question is option C, $780,000.
It is important to note that stockholders' equity is not the only source of financing for a company. Other sources of financing can include debt financing, such as loans or bonds, and retained earnings. However, in this particular case, we are only concerned with the amount of financing that the stockholders have contributed directly to the company.
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giving an employee a merit-based pay raise is an example of ______. group of answer choices altruism distributive justice respect service
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Merit-based pay raise is an example of distributive justice. merit-based pay raises exemplify distributive justice by ensuring that compensation is allocated fairly based on individuals' merits, thereby promoting motivation, productivity, and a sense of fairness among employees.
Distributive justice refers to the fair distribution of rewards and resources in a society or organization based on individuals' merits or contributions. In the context of employment, a merit-based pay raise is a form of distributive justice because it rewards employees based on their individual performance, skills, or accomplishments.
Unlike an across-the-board pay increase or a fixed salary structure, a merit-based pay raise acknowledges and differentiates employees' varying levels of performance and contribution. It promotes fairness by ensuring that those who excel in their work receive greater financial recognition than those who perform at a lower level. This approach encourages employees to strive for excellence and motivates them to enhance their skills and productivity.
By linking pay raises to merit, organizations create a sense of fairness and equity, as employees perceive that their compensation is directly tied to their individual efforts and achievements. It fosters a positive work environment, where hard work and dedication are recognized and rewarded, reinforcing a culture of excellence and performance.
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What implications does johnson & johnson’s corporate strategy have for its organizational design?
Answers
Johnson & Johnson's corporate strategy is matrix structure for integration, a flexible structure for innovation, and a global organizational design for managing international operations.
Johnson & Johnson's corporate strategy has several implications for its organizational design.
1. Diversification: Johnson & Johnson's strategy of operating in multiple healthcare sectors, such as pharmaceuticals, medical devices, and consumer healthcare, requires a decentralized organizational structure. This allows each sector to have its own management and decision-making processes.
2. Integration: Johnson & Johnson's strategy also emphasizes integration across its sectors. This requires a matrix organizational structure, where employees from different sectors collaborate on projects and share resources.
3. Innovation: Johnson & Johnson's focus on innovation is reflected in its organizational design. The company encourages cross-functional teams and a flexible structure to foster creativity and new product development.
4. Globalization: Johnson & Johnson operates globally, necessitating an organizational design that can effectively manage international operations. This includes regional divisions and coordination mechanisms to ensure efficient decision-making and resource allocation across different markets.
In conclusion, Johnson & Johnson's corporate strategy influences its organizational design by requiring a decentralized structure to accommodate diversification, a matrix structure for integration, a flexible structure for innovation, and a global organizational design for managing international operations.
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whats the answer for this
Answers
Answer:
(a) money in hand
this will be the answer I think so
Money in hand because national wealth will contain only things which makes our country better than just money , we need only hard work and motivation and kind heart to make things better in our country , see down -
Machines are made - this statement is because of India’s hard work and motivation to make something
Financial assets- they are compared with kind heart by me because giving money to needy people
What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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pet products inc. manufactures two products, cat bowls and dog bowls, from a joint process. cat bowls are allocated 50% of the total joint costs of $20,000. there are 1,000 cat bowls produced and 1,000 dog bowls produced each year. cat bowls can be sold at the split-off point for $11 per unit, or they can be processed further into an extra fancy cat bowl for additional processing costs of $4,920 and sold for $14 each. what is the difference in operating income between processing the cat bowls further versus selling them off at the split-off point?
Answers
The difference in operating income between processing the cat bowls further versus selling them off at the split-off point is -$1,920.
What is operating income?
Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.
Calculating the operational income difference:
After additional processing, sales income (1000*14) 14000
At the split-off point, sales revenue (1000 x 11) 11000
3000 in additional revenue
Cost Incremental -4920
Increased revenue (loss) -1920
Operating income (loss) difference = -1920
The ability of your company to make money from its operational activities is demonstrated by operating income. The operating income figure is frequently used by business owners to assess the operational success of their enterprise. Potential creditors and investors might be interested in your company's operating income.
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Which journal entry would be made by an accountant for a business for a $1,000 purchase of inventory on 1-August?
A. Inventory Cr 1,000
B. Inventory Dr 1,000
C. Cash Dr 1,000
D. Cash Cr 1,000
Answers
Journal entry would be made by an accountant for a business for a $1,000 purchase of inventory on 1-August Inventory Dr 1,000. Option B
What is a journal entry?Generally, The act of maintaining or creating records of any transactions, whether economic or non-commercial in nature, is referred to as an entry in a journal.
An accounting journal is a record kept by an organization that details the transactions that have taken place and display the debit and credit balances. The entry in the journal may include multiple recordings, each of which may be either a debit or a credit depending on the circumstance.
Each entry in the journal provides information that is pertinent to a single transaction made by a company.
This information includes the date, the amount that will be credited and debited, a short description of the transaction, and the accounts that will be impacted.
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The economic environment involves people and therefore it is of major interest to marketers. True False
Answers
The statement "The economic environment involves people and therefore it is of major interest to marketers" is true.
Marketers are concerned with understanding and analyzing the economic environment because it directly impacts consumer behavior and purchasing power. Here's why:
1. Consumer behavior: The economic environment influences consumer behavior by affecting factors such as disposable income, employment rates, inflation, and interest rates.
For example, during an economic downturn, consumers may be more cautious with their spending and opt for cheaper alternatives.
Marketers need to be aware of these shifts in consumer behavior to adjust their marketing strategies accordingly.
2. Purchasing power: The economic environment also determines the purchasing power of consumers.
It includes aspects like the overall wealth of individuals, income distribution, and economic growth rates.
For instance, in a growing economy with rising incomes, consumers may be more willing to spend on luxury goods.
Marketers need to understand these trends to effectively target their desired consumer segments.
3. Market demand: The economic environment significantly impacts market demand.
A strong economy generally leads to higher consumer spending and increased demand for products and services.
On the other hand, a weak economy may result in reduced demand.
Marketers need to closely monitor and anticipate changes in market demand to make informed decisions about product development, pricing, and promotional activities.
4. Competitor analysis: The economic environment also influences the strategies of competitors. Companies may alter their pricing, distribution, or promotional tactics in response to economic conditions.
Marketers need to stay updated on these changes to effectively position their products or services in the marketplace.
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A company issues a 20-year, callable bond at par with a(n) 9% annual coupon payments. The bond can be called at par in three years or any time after that on a coupon payment date. The call price is $110 per $100 of face value. What is the yield to call?
Answers
The yield to call on the bond is 17.97%. To calculate the yield to call on a callable bond, we need to find the yield that makes the present value of the bond's cash flows equal to the call price. Here are the steps:
Calculate the bond's cash flows: The bond pays annual coupon payments of 9% of the face value, or $9 per year. In addition, the bond can be called in three years at a call price of $110 per $100 of face value. Therefore, the cash flows for the next three years are $9 per year, and the cash flows for years four through twenty are $9 per year plus the call price of $110. Calculate the present value of the cash flows: We can use a financial calculator or spreadsheet to calculate the present value of the bond's cash flows. Using a financial calculator with the following inputs: N = 3, I/Y = YTM, PMT = 9, FV = 100, and PV = -100, we get a present value of $99.14. For years four through twenty, we can use the same inputs but with a PMT of $119 ($9 coupon payment plus $110 call price), giving a present value of $936.49. The total present value is therefore $1,035.63. Calculate the yield to call: We want to find the yield that makes the present value of the bond's cash flows equal to the call price of $110 per $100 of face value. Using a financial calculator with the following inputs: N = 3, PMT = 9, FV = 100, PV = -110, we find that the yield to call is 17.97%.
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According to eeo suggested best practices, what steps can reduce the chance that a miscommunication escalates into a legally actionable eeo claim?
Answers
According to EEO suggested best practices, what steps can reduce the chance that a miscommunication escalates into a legally actionable EEOclaim is Develop communication and dispute resolution capabilities.
What is Equal Employment Opportunity Commission?The U.S. Equal Employment Opportunity Commission can be described as the federal agency which was set up through the Civil Rights Act of 1964.
It should be noted that this act help to administer as well as enforce civil rights laws against workplace discrimination.
In conclusion, According to EEO suggested best practices, what steps can reduce the chance that a miscommunication escalates into a legally actionable EEOclaim is Develop communication and dispute resolution capabilities.
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In what way does a deductible help an insurance company?
It adds to the company's pool of funds.
It increases consumers' insurance premiums.
It lowers the payout the company has to make.
It reduces consumers' co-payments.
Answers
Answer:
it lowers the payout the company has to make
Explanation:
Deductible help an insurance company by: It lowers the payout the company has to make.
What is insurance?Insurance can be defined as the coverage that help to cover costs in case of unexpected circumstance.
Insurance companies often makes use of deductibles by making policyholders to pay part of the claims. This help to reduce the money that the insurance company is expected to pay the policyholder in case of unforessen circumstance.
Inconclusion deductible help an insurance company by: It lowers the payout the company has to make.
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5
Tina plans to buy her first car, but she has no credit history. The bank will give her a loan if she has a co-signer. How can Tina MOST accurately
and efficiently meet their request?
Answers
Answer:
FInd a co-signer with equivalent credit score.
Explanation:
Tina does not have credit history. She can receive the loan if she has a collateral or co-signer as base for loan. But it must meet all requests. The collateral must have the right estimation and ownership. Co-signer must have required credit score and credit history.
Answer:
Ask her mother to join a credit union with her.
Explanation:
Which of the following is not a business-to-business (B2B) market.
A. Raw Materials
B. Process materials
C. Major equipment
D. Shopping Goods
Answers
Answer:
I don't know the exact answer but I guess it will be option (B) process materials
One of the properties that makes copper, cu, useful for household wiring is its ability to conduct electricity. Which other element is most likely to conduct electricity?
Answers
Silver is the other element in this scenario which will most likely conduct electricity.
What is a Conductor?These are elements which permit electrons to flow freely from particle to particle.
Metals such as Silver and copper are referred to good conductors of heat and electricity thereby making it the most appropriate choice.
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Answer:
I believe that the answer you are looking for is Gold
Explanation:
If you and I have the same question, the answer choices are Gold, Bromine, Radon, and Nitrogen, correct? Radon and Nitrogen are gasses, so that's an automatic no, and Bromine is a bad conductor, so that leaves Gold as our answer. I hope this helps!
what is a disadvantage of international trade
Answers
Hope this helped.
Help PLEASE!!!
Joel works as a customer service representative in an electronics store. A customer has a complaint regarding a technical aspect of the computer
he bought from the store two weeks ago. Although Joelis familiar with the specifications of the computer, he is fully equipped to help the
customer with the complaint. Assuming that Joel possesses good customer service skills, which action should he toket
A. use the internet to find the required information and help the customer
B. ask the customer to wait while he has a meeting with his manager
C. help the customer contact the store's engineer who can provide help regarding technical issues
D. ask all members of his staff whether they have a solution to the customer's problem
E. politely tell the customer that nobody could possibly solve the problem
Answers
Answer: C
Explanation: since she is customer support the obvios (god i cant spell sometimes) thing to do is connect them to a engineer who can help them. you could also do process of elimination A: they probaly did search the internet already B: why the manager? wouldnt someone like an engineer have better insight on this? C: Engineers have the most expertise in this area so they can help fix the problem. D: sure this could help but its not as sure as asking the engineer
ANSWER: C
Joel being as a customer service representative in an electronics store shall help the customer contact the store's engineer who can provide help regarding technical issues. Option C is correct.
What is Customer Service Representative?Customers who have inquiries, requests, or concerns regarding goods or services they have received from the business are assisted by a customer service representative.
At every stage of the process, they give priority to the demands of the clients and offer solutions that are tailored to those unique circumstances.
Essential Characteristics of an Outstanding Customer Service Representative has problem-solving abilities. The most important trait for providing outstanding customer service is problem-solving, followed by clear communication, friendliness, empathy, business savvy, goods knowledge, and strong time management.
Thus option c is correct.
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How does a command economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answers
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.
Answer:
is it (3) for whom to produce.
Explanation:
Which of the following is TRUE about owning a share of stock?
A. The value of a share is based on the number of investors in a company.
B. You have to return the share of company you own typically after 5 years, otherwise, you pay a penalty fee each year.
C. Owning a share means you own a percentage of the company.
D. Companies lose significant amounts of money every time someone buys a share.
Answers
Answer:
A
Explanation:
The answer to that Question would be A
The value of a share is based on the number of investors in a company that is TRUE about the share of stock.
What is a share stock?Share stock implies the ownership of the individuals in the business based upon the percentage of their holdings in total business shares. It means the single smallest denomination that a company has.
Therefore, the value that share has is based upon the demand for the company's share and supply in the market.
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Majestic Theaters has plans to build a new $30 million movie theater and intends to finance this project through the sale of additional shares of ownership in their firm. Selling new shares of stock represents __________ financing.
Answers
Based on the information given selling new shares of stock represents equity financing.
Equity financing can be defined as the process of selling the percentage of the stock you own or selling the shares of your stock in order to raise funds.
Example an investor may choose to to purchased a shares in the company so as to make money or profit by selling their those shares.
Based on the information given selling of additional shares of ownership represent equity financing as the investors is trying to make money or raise funds so as to build a new movie theater by selling the new shares of stock.
Inconclusion selling new shares of stock represents equity financing.
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Darcy is a new manager in a large consulting firm. As one of her first task she needs to set goals for her team
Answers
Answer: Bottom-up
Explanation:
Bottom-up also known as top down approach, is the approach of going from general to the specific, also from specific to the general. They are possible approach for a wide range of endeavors such as goal getting, forecasting and setting busgets
Darcy can use the Bottom-up approach to set up her team.
The price of crude oil increases 50%. This will cause a change in ( supply/ quality supplied )
✓ for crude oil. Why?
Answers
Answer:
See below
Explanation:
A price increase motivates suppliers to avail more products for sale in the markets. High prices tend to have a high margin hence more profits. Like other businesses, oil producers are profit-motivated; they will supply more quantities if there is a high probability of making more profits.
The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.
Which of the following best describes entrepreneurial personality traits?
a
Risk averse and co-dependent.
Appreciate direction from others and risk averse.
Tolerant of uncertainty and highly energetic.
Prefer to work less hours and prefer to give directions and let others do the foot work
d
estion 5 (1 point
Hetailed written statement that describes the nature of the business, the customer segment, the
Answers
Tolerant of uncertainty and highly energetic.
The two important entrepreneurial personality traits are tolerance of uncertainty and high energy levels. Hence, Option (B) is correct.
Entrepreneurs must be tolerant of uncertainty because starting and running a business involves inherent risks and unpredictable outcomes.
They face numerous challenges, from market fluctuations to competition and unforeseen obstacles.
Tolerating uncertainty means they can handle the stress and pressure associated with these situations, adapt to changing circumstances, and make informed decisions amidst ambiguity.
High energy levels are crucial for entrepreneurs because they often work long hours, face multiple responsibilities, and encounter numerous demands.
Entrepreneurship requires dedication, passion, and a relentless drive to achieve goals.
Thus, these two traits, that are tolerance of uncertainty and high energy levels, are foundational for entrepreneurs.
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Which of the following best describes entrepreneurial personality traits?
A. Risk-averse and self-nurturing
B. Tolerant of uncertainty and highly energetic
C. Appreciative of direction from others and risk-averse
D. Preference for working fewer hours and letting others do the footwork
What is the volume of a box that is 3 m long, 0.5 m high, and 2 m wide?
Answers
2008 1 Mar Started business with $1,000 cash.
credit or debit
Answers
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.