If Jennifer Brunner works 40 hours per week as a chef's assistant. At the rate of $7.90 per hour, her gross weekly earnings (in $) is $304.
How to find the gross weekly earnings?Using this formula to determine the gross weekly earnings?
Gross weekly earnings = Number of hours per week × Rate per week
Where:
Number of hours per week = 40 hours
Rate per week = $7.90 per hour
Let plug in the formula
Gross weekly earnings = 40 hours × $7.90 per hour
Gross weekly earnings = $304
Therefore the Gross weekly earnings is $304.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Which is the best description of a balance sheet? (1 point)
Answer: the balance sheet is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. Balance sheets can be used with other important financial statements to conduct fundamental analysis or calculate financial ratios.
a entry to a liability account decreases the account balance
Answer:
Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.
Explanation:
In a(n) ________ sellers post descriptions of products at a website and buyers submit bids electronically.
In a web auction sellers post descriptions of products at a website and buyers submit bids electronically.
What is web auction?It is an online platform or internet service that allows auction users or participants to sell their products or bid for products or services.
It does not require physical interaction.
Therefore, In a web auction sellers post descriptions of products at a website and buyers submit bids electronically.
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Which of the following is a source of frictional unemployment?
changes in the composition of demand among industries or regions
minimum wages
labor unions
None of the above is correct.
Based on the given terms, the correct answer is: Changes in the composition of demand among industries or regions.
Frictional unemployment occurs when workers are between jobs or are looking for their first job. Changes in the composition of demand among industries or regions can create frictional unemployment, as it may cause workers to seek new employment opportunities in different industries or locations.
Frictional unemployment is a form of unemployment that arises when workers are searching for new jobs or are transitioning from one job to another. It is part of natural unemployment and hence is present even when the economy is considered at full employment. Frictional unemployment is caused by a mismatch between the workers and available jobs, workers’ dissatisfaction with work conditions, or workers’ voluntary decisions to leave their current job for personal reasons.
Frictional unemployment is different from other types of unemployment, such as cyclical unemployment, which is caused by the fluctuations in the business cycle, or structural unemployment, which is caused by changes in the structure of industries or occupations. Frictional unemployment is also a type of voluntary unemployment as they are choosing to wait until they find a better job.
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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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Which of the following statements best describes the difference between the USDA’s and the FDA’s responsibilities concerning food?
1.The USDA monitors what is put on the food’s label while the FDA ensures safe farming and harvesting practices.
2. The USDA monitors what is put on the food’s label while the FDA protects environmental conditions.
3.The USDA ensures safe farming and harvesting practices while the FDA protects environmental conditions.
4.The USDA ensures safe farming and harvesting practices while the FDA monitors what is put on the food’s label.
Answer:A. The USDA ensures save farming and harvesting practices while the FDA monitors what is put on the food labels!
Explanation: I just took it and got it right! Give me brainliest! Have a good day!
Answer:
The USDA makes sure that there is safe farming and safe harvesting practices when the FDA watches what is put on food levels
Explanation:
Pierce Company's break-even point is 26,000 units. Its product sells for $25 and has a $18 variable cout per unit Whh company's total fixed cost amount? Multiple Choice a. $182,000 b. Fixed costs cannot be computed with the information provided c. $468,000 d. $650.000
the correct answer is a. $182,000..
To calculate the total fixed cost amount for Pierce Company, we can use the break-even point formula:
Break-even point (in units) = Total fixed costs / Contribution margin per unit
Given that the break-even point is 26,000 units, the product sells for $25, and the variable cost per unit is $18, we can calculate the contribution margin per unit:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $25 - $18 = $7
Now, we can substitute the values into the break-even point formula to find the total fixed cost amount:
26,000 units = Total fixed costs / $7
To isolate the total fixed costs, we rearrange the equation:
Total fixed costs = 26,000 units * $7
Total fixed costs = $182,000.
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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answer:
This would observation, which is something most readers should be able to do
Explanation:
Why is the us economy so resilient
The transfer of ownership, property, or business from the government to individuals and companies is known as:_______
The transfer of ownership, property, or business from the government to individuals and companies is known as privatization.
Privatization is a process in which government-owned assets, such as businesses, industries, or public services, are sold or transferred to private individuals or companies. This can occur through various methods, such as selling shares of a government-owned company to private investors or auctioning off government properties to private buyers.
Privatization can have several benefits. It can lead to increased efficiency and competition, as private companies often strive to improve productivity and reduce costs. It can also encourage innovation and investment in industries that were previously controlled by the government. Additionally, privatization can generate revenue for the government through the sale of assets and reduce the burden on taxpayers by transferring the responsibility of managing and operating certain services to the private sector.
However, it is important to note that privatization is a complex process that requires careful consideration of its potential impacts. Critics argue that privatization can lead to job losses, decreased access to essential services for marginalized communities, and a loss of government control over vital sectors. It is crucial for governments to carefully assess the consequences and potential risks before proceeding with privatization initiatives.
Overall, privatization is the term used to describe the transfer of ownership, property, or business from the government to individuals and companies.
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The transfer of ownership, property, or business from the government to individuals and companies is known as privatization. Privatization involves shifting control and management of assets and services from the public sector to the private sector.
There are several reasons why governments opt for privatization. First, it can improve efficiency and effectiveness in the delivery of goods and services. Private companies often have more flexibility and incentives to innovate and provide better quality products or services.
Second, privatization can help reduce the burden on government finances. By transferring ownership and responsibility to the private sector, governments can free up resources and focus on other priorities.
Lastly, privatization can promote competition, which can lead to lower prices and increased choice for consumers.
Examples of privatization include the sale of state-owned enterprises, such as telecommunications companies or airlines, to private investors or the contracting out of public services, such as waste management or healthcare, to private companies.
In summary, privatization refers to the transfer of ownership, property, or business from the government to individuals and companies. It can improve efficiency, reduce government burden, and promote competition.
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Do you think customer service is important? Do you consider a company's customer service before you buy something from the company? Think of a time when you did not receive good customer service. Describe the experience. How did your experience change your opinion of the company and would you ever buy anything from them again?
Yes, I strongly believe that customer service is a crucial aspect of any business. Good customer service ensures that customers feel valued and respected, which in turn leads to customer loyalty and positive word-of-mouth advertising.
When I am considering purchasing a product or service from a company, their customer service reputation is definitely a factor that I take into consideration.One instance where I received poor customer service was when I ordered a product online and it arrived damaged. When I contacted the company's customer service team, they were unresponsive and unhelpful, making it clear that they did not prioritize my satisfaction as a customer. This negative experience left a lasting impression on me, and I decided not to buy anything from that company again.On the other hand, I have had many positive experiences with companies that prioritize customer service. For example, when I had an issue with a product from a particular company, their customer service team went above and beyond to rectify the issue, providing me with a refund and a replacement product. This experience made me feel valued as a customer, and I have continued to buy products from that company because of their exceptional customer service.
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Use the following table to answer the questions that follow. Public Debt over Time 2001 2011 Debt GDP Debt GDP United $3.3 trillion $10.2 trillion $12.2 trillion $15.0 trillion States France $0.9 trillion $1.5 trillion $2.0 trillion $1.8 trillion Italy $1.5 trillion $1.2 trillion $1.7 trillion $1.6 trillion Belgium $0.3 trillion S0.3 trillion $0.3 trillion $0.4 trillion Australia $0.2 trillion $0.7 trillion $0.4 trillion $1.4 trillion.According to the table, the country with the highest average yearly budget deficit over the time period is:a. Australia.b. Italy.c. Belgium.d. France.e. the United States.
The country with the highest average yearly budget deficit over the time period is the United States. The US had a debt of $3.3 trillion and a GDP of $10.2 trillion in 2001 and a debt of $12.2 trillion and a GDP of $15.0 trillion in 2011.
This results in an average yearly budget deficit of $1.5 trillion. France had the second highest average yearly budget deficit at $0.5 trillion, followed by Italy at $0.2 trillion, Belgium at $0.1 trillion, and Australia at $0.1 trillion. This means that the US had the highest average yearly budget deficit over the time period.
The US had the highest average yearly budget deficit over the time period due to a number of factors. One of the primary reasons for the US having the highest average yearly budget deficit was the country's increased spending on military operations in Iraq and Afghanistan.
Additionally, the US was hit hard by the 2008 financial crisis, which resulted in increased spending on economic stimulus packages and bailouts of financial institutions. These factors contributed to the US having the highest average yearly budget deficit over the time period.
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How did Ray conduct marketing-information management?
a local bar manager has a marketing budget of $320. he decides to purchase an ad from a local tv station and a local newspaper. tv ads cost of $80 per ad. newspaper ads cost of $40 per ad. it is estimated that each tv ad would draw in 5 new customers, which equates to an additional profit of $50 per day. it is also estimated that each newspaper ad would draw in 2 new customers, which equates to an additional profit of $20 per day. what is the objective function?
The objective function in this scenario would be to maximize the additional profit generated from the purchase of the TV and newspaper ads with the given marketing budget of $320.
To determine the optimal allocation of the marketing budget, we can use linear programming techniques. Let x be the number of TV ads purchased and y be the number of newspaper ads purchased. Then, the total cost of the ads can be represented as:
80x + 40y <= 320 This constraint ensures that the total cost of the ads does not exceed the allocated marketing budget.
The additional profit generated from the purchase of each ad can be represented as follows:
TV ads: 5 customers * $50 profit/customer = 250x
Newspaper ads: 2 customers * $20 profit/customer = 40y
The objective function is to maximize the total additional profit generated from the ads
Maximize: 250x + 40y
Subject to:
80x + 40y <= 320 (budget constraint)
x, y >= 0 (non-negative constraint)
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The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. this document is called
The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. This document is called Cash receipt prelist.
A clerk is a person who works in an office, typically doing administrative or secretarial work. Clerks are often responsible for keeping records, filing documents, and performing other office tasks.
In some cases, clerks may also be responsible for customer service or sales. Clerks typically work in business or government offices, though they may also be found in other settings such as schools or hospitals.
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Why do managers get paid more?
A. They have worked longer.
B. Their job is harder.
C. They control the paycheck.
The answer is B. Their job is harder.
The reason for this is that managing people can be very challenging. There is a lot of unpredictable behavior on their part most of the time. It is difficult to get your subordinates to do the work you ask them to do. It requires a high level of skill and experience.
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less
Answer: Finding a job that matches your skill and interest.
Explanation:
This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.
A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.
Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.
A fundamental assumption behind the Keynesian aggregate expenditure model is that prices in the economy are ______.
Multiple choice question.
unknown
unrelated
fixed
flexible
The financial gurus recommend that, as a general rule, one should spend between 25 to 35 percent of one's income on _____.
The financial gurus recommend that, as a general rule, one should spend between 25 to 35 percent of one's income on housing.
There’s been a lot of discussion about affordable housing recently, especially as home prices and rents hit record levels. Is your current home affordable? Here’s how to tell.
The most common rule of thumb to determine how much you can afford to spend on housing is that it should be no more than 30% of your gross monthly income, which is your total income before taxes or other deductions are taken out.
For renters, that 30% includes rent and utility costs like heat, water and electricity. If you own your home, you should include interest, homeowners insurance, property taxes and utilities, in addition to your mortgage.
That means if you earn $75,000 a year before taxes, you should spend no more than $1,875 a month on your housing.
The 30% rule is based on how much a family can reasonably spend on housing and still have enough money left over to afford everyday expenses like food and transportation.
If you’re looking to buy a home, some financial experts also recommend using the 28/36 rule to determine what you can afford. The 28/36 rule stipulates that in order for a home to be considered within your budget, your housing expenses (such as mortgage payments, taxes and insurance payments) shouldn’t exceed 28% of your gross monthly income. Your total debt (including credit cards, student loans and car loan payments) shouldn’t exceed 36% of your gross monthly income.
If you’re married or have a partner, keep in mind that this calculation includes the entire household, so you’ll need to include their salary and debts in the equation as well.
So, is your current home affordable? If it’s not, it might be time to consider a cheaper place to rent or think about refinancing if you can.
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a stock is expecting 4 years of non-constant growth in dividends followed by a constant growth rate in year 5 and beyond. how would you go about finding the value of this stock today?
Use the dividend discount model (DDM) by discounting expected dividends over 4 years with non-constant growth, then use a constant growth rate for year 5 and beyond, and discount back to present value.
Use the dividend discount model to calculate the value of a company with four years of non-constant dividend growth and five years of constant dividend growth. (DDM). Using financial estimates, calculate the anticipated dividends for each of the next four years.
Then, for years five and beyond, assuming a steady growth rate. The predicted dividends for each year are discounted back to present value using a needed rate of return. To determine the stock's current worth, add up the present values of all projected dividends.
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The contract for the lease of a fleet of delivery trucks, which would be considered equipment, to FedEx by Ford Motors would be governed by:
The contract for the lease of a fleet of delivery trucks between FedEx and Ford Motors would typically be governed by a formal agreement known as a "Lease Agreement" or "Vehicle Lease Agreement."
A Lease Agreement is a legally binding contract that outlines the terms and conditions of a lease arrangement between a lessor (in this case, Ford Motors) and a lessee (FedEx).
It specifies the details of the lease, including the leased asset (the fleet of delivery trucks), the lease duration, payment terms, responsibilities of both parties, insurance requirements, maintenance obligations, and any other relevant provisions.
In this particular case, since the lease involves the use of delivery trucks, which are classified as equipment, the contract would specifically address the terms and conditions related to the leasing of such equipment. It would likely cover aspects such as the number and type of trucks being leased, their condition, mileage restrictions, and any specific requirements or provisions related to their use by FedEx.
The Lease Agreement would be governed by applicable contract law and may include provisions specifying the jurisdiction or governing law to resolve disputes that may arise between the parties.
It is important to note that the specific terms and conditions of the Lease Agreement would be negotiated between FedEx and Ford Motors, and they may vary based on the specific needs and requirements of both parties. Consulting legal professionals and reviewing the actual contract would provide the most accurate information regarding the terms governing the lease agreement in this scenario.
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Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
a. Greyhound bus system
What is the most common way that duties under a contract are discharged?
breach
frustration of purpose
by performance
by proving undue influence
What is the difference between a material breach and an immaterial breach?
A material breach results in damages to the non-breaching party, while an immaterial breach is minor.
A material breach is one that makes the contract commercially impracticable for the non-breaching party.
A material breach is one that affects more than 50% of the product of the contract.
A material breach is one for which remedies are not spelled out in the contract, while remedies for an immaterial breach are specified.
Which of the following is an equitable remedy for breach of contract?
punitive damages when a seller has repeatedly shipped unsafe goods
an order for specific performance
compensatory damages for having to hire extra help to correct nonconforming goods
payment of the cost of cover for items not delivered on time
What is the difference between legal remedies and equitable remedies for breach of contract?
Legal remedies must be applied by the courts, while equitable remedies can be written into the contract.
Equitable remedies are only available in quasi-contract, while legal remedies are available in all other types of contracts.
Legal remedies are monetary while equitable remedies are non-monetary.
Equitable remedies are monetary, while legal remedies are non-monetary.
LaVon contracts with Nathan for Nathan to sing at her comedy club every Friday night in July. The first Friday, the crowd loved Nathan. The second Friday, they booed him. The next week, Nathan got a better offer, so he hired his twin brother Ethan to fill in for him at LaVon’s club. Can LaVon compel Nathan to perform?
Yes, she can compel him under the equitable remedy of specific performance.
Yes, she can compel him under the theory of quasi-contract because LaVon had relied on Nathan’s promise and she has printed posters and advertisements.
No, she can’t compel him because Nathan has gotten a better offer.
No, she can’t compel him because Ethan is an acceptable substitute for Nathan.
What rights does a third-party beneficiary to a contract hold in regard to that contract? choose 1
The third party has no rights because the third party does not have privity of contract.
The third party has all the rights of the primary parties to the contract.
If the third party is an intended beneficiary of the contract, the third party has the right to sue either the promisor or the promisee.
If the third party is an incidental beneficiary, the third party has the right to become an intended beneficiary.
What remedies are available after an anticipatory repudiation? Choose 3 answers.
canceling all other contracts with the breaching party
cover
requiring assurance
suspending performance
What implied terms do all contracts include? Choose 2 answers.
an implied agreement as to who will pay unexpected costs
an implied covenant of good faith
an implied covenant of fair dealing
an implied agreement to timeliness
Forcing a party to agree to the terms of a contract through the use of threats or blackmail is called:
duress.
usury.
undue influence.
adhesion.
What is the result of a contract in which both parties are wrong about a material fact of the contract?
The contract is voidable.
The contract is enforceable by both parties as both parties assumed the risk in making the contract.
The contract is void.
The contract must be nullified and renegotiated.
What remedies are available in the case of a unilateral mistake in making a contract? Choose 2 answers.
rescission
enforcement
reformation
punitive damages
The most common way that duties under a contract are discharged is through (c) by performance.
Contracts are agreements between two or more parties that establish their obligations and responsibilities towards each other. However, sometimes parties may not be able to fulfill their duties as stated in the contract, which raises the question of how to discharge these duties.
The most common way that duties under a contract are discharged is through performance. This means that both parties fulfill their obligations as outlined in the contract, and the contract is then considered complete.
On the other hand, a breach occurs when one party fails to perform their duties as outlined in the contract.
Another way that duties under a contract can be discharged is through frustration of purpose. This occurs when an unforeseen event makes it impossible for one or both parties to fulfill their obligations.
Finally, undue influence occurs when one party uses their power or influence to coerce the other party into signing a contract. This can happen, for example, if a person in a position of authority pressures an employee to sign a contract that is unfavorable to them.
Therefore, the correct option is (c).
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Complete Question:
What is the most common way that duties under a contract are discharged?
a) breach
b) frustration of purpose
c) by performance
d) by proving undue influence
if the beginning cash account balance was $18,400, the ending balance was $10,200, and total cash received during the period was $44,000, what amount of cash was paid out during the period?
The amount of cash paid out during the period was $33,800.
Determine the difference between the beginning and ending balances:
Beginning Cash Account Balance = $18,400
Ending Cash Account Balance = $10,200
Difference = $18,400 - $10,200 = $8,200
Calculate the amount of cash paid out during the period:
Total Cash Received = $44,000
Amount of Cash Paid Out = Total Cash Received - Difference
= $44,000 - $8,200
= $33,800
Hence ,the amount of cash paid out during the period was $33,800.
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Redesign Corp. Is considering a new strategy that would increase its expected return from 12% to 13. 9%, but would also increase its beta from 1. 2 to 1. 8. If the risk-free rate is 5% and the return on the market is expected to be 10%, should Redesign change its strategy?
Redesign Corp. should not change its strategy as it would not provide sufficient return to justify the increased risk. Instead, the company should consider other strategies that provide a higher expected return with a manageable level of risk.
To determine whether Redesign Corp. should change its strategy, we need to calculate the company's required return using the Capital Asset Pricing Model (CAPM). The CAPM formula is as follows:
Required return = Risk-free rate + (Market return - Risk-free rate) x Beta
Using the given information, we can calculate Redesign Corp.'s required return before and after the proposed strategy change.
Before the strategy change:
Required return = 5% + (10% - 5%) x 1.2 = 11%
After the strategy change:
Required return = 5% + (10% - 5%) x 1.8 = 14%
Comparing the required return before and after the strategy change, we can see that Redesign Corp. would need to achieve a higher return to justify the increased risk. However, the expected return from the new strategy is only 13.9%, which is lower than the required return of 14%.
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what is financial accounting??
Any one help me
Answer:
Financial accounting is a particular type of accounting that includes a method of documenting, summarising, and reporting the transactions arising from business operations for a period of time.
Financial accounting reflects the accounting on "accrual basis" over the accounting on "cash basis
1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
who was the first human beings
Answer:
there is not first human beings but I hope this will help you
Explanation:
The earliest members of the genus Homo are Homo habilis which evolved around 2.8 million years ago. Homo habilis has been considered the first species for which there is clear evidence of the use of stone too