The Fed promotes secrecy by postponing the release of the FOMC meeting minutes to Congress or the general public. The Fed now has more discretion in determining monetary policy thanks to this policy.
The FOMC has its eight regularly scheduled meetings each year. During these meetings, the Committee assesses the financial and economic conditions, decides on the appropriate monetary policy path, and assesses the risks to its long-term objectives of price stability and sustained economic growth. During its meeting on March 15–16, the Fed approved its first rate increase in more than three years. The benchmark short-term borrowing rate was increased from the nearly zero level it has been at since March 2020 by 25 basis points, or 1/4%. Calendars, reports, and meeting minutes (2017-2022) The FOMC meets eight times year, in addition to any additional meetings that may be required.
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Omar and Patrick sell magazine subscriptions by telephone. Omar is paid $1.00 for every 5 calls he makes, while Patrick is paid $1.00 for every subscription he sells. Omar is paid on a __________ schedule while Patrick is paid on a __________ schedule.
This means that Omar is paid on a fixed ratio schedule while Patrick is paid on a variable ratio schedule.
What are fixed ratio and variable ratio?Fixed Ratio refers to a reinforcement schedule, which make use of reinforcement after the completion of number of responses. This means that each time a response is received, there is reward for each of the completed task.
For Variable ratio, there are unpredictable responses even when the responses have been reinforced. Each time a person performs a behaviour, the reinforcement is not distributed.
Hence, Omar is paid on a fixed ratio schedule while Patrick is paid on a variable ratio schedule.
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Question 9 of 10
3 Points
Suppose a merchant in a moneyless economy traded his goods for a large
amount of purple fabric. He intended to use the fabric to trade for other
goods in another location. While he traveled to the other marketplace,
however, a trade ship arrived with a large shipment of purple fabric. As a
result, the merchant was only able to trade his fabric for about half of what he
had expected it to be worth in return. This situation illustrates the need for
what aspect of the purpose of money?
A. Preservation of value
B. Unit of measure
C.Ease of exchange
D.Government endorsement
I NEED HELP PLEASE!!
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
Answer:
A) Preservation of value!
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
Which principle of operational excellence refers to a long-term approach that favors quality and capabilities over short-term financial goals
Answer: The answer is Business Dictionary defines operational excellence as, “A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization.
Explanation:
The business dictionary refers to a long-term approach that favors quality and capabilities over short-term financial goals.
What is the business dictionary?Business Dictionary is defined as a free, easy-to-use business vocabulary with over 30,000 definitions covering a wide range of key business issues such as entrepreneurship, management, small company, economics, human resources, recruiting, and corporate strategy.
A long-term approach that prioritizes quality and capability over short-term financial aims, Because your readers may have their own interpretation of the words, or may not be familiar with them at all, the “Definitions of Terms” section guarantees that they comprehend the components of your research in the manner in which you will deliver them.
Therefore, it is a business dictionary.
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Business Proposal/Proposed Contract This is simply the deal that you are offering the prospect to purchase your product/service. You will have to have your product/service priced at a certain based priced, (i.e., $3/unit, $250/mo., $65/case). The product should be priced realistically based on factual information. MAKE THIS EASY, do the math for your client, make it easy to see the breakout so it’s easy to assess what it will cost their business. You should have at least two buying options. The objective for the business proposal is to show the prospect the added value of your product/service in real number ($) terms. Make this easy to understand – break out the numbers, price, what they get for the $$$! Make it clear and concise so the buyer easily understands what is involved in the cost and what they receive in return. Note that for any product/service, you may not compete solely on the basis of price!! Low-price gambits are rarely sustainable.
The product is : The DERMABOND® Skin Adhesives
Our business proposal for the DERMABOND® Skin Adhesives includes two buying options: Option 1 - $3 per unit with a minimum order of 100 units, and Option 2 - $250 per month with unlimited units.
In our business proposal for the DERMABOND® Skin Adhesives, we have carefully priced our product based on factual information and the value it brings to our customers. Option 1 offers a unit price of $3 with a minimum order quantity of 100 units. This option is ideal for customers who have specific requirements and prefer a one-time purchase. On the other hand, Option 2 provides a monthly subscription of $250, granting customers unlimited access to our skin adhesives. This option is suitable for businesses with ongoing needs and allows for cost predictability and flexibility.
We have made it easy for our clients to assess the cost and value of our product by providing a clear and concise breakdown of the pricing structure. The pricing includes not only the product itself but also the added benefits and support they receive. With the DERMABOND® Skin Adhesives, customers can expect high-quality, reliable adhesives that enhance wound closure and promote faster healing. Our pricing reflects the value and benefits our product brings to their business, ensuring they understand the investment they are making.
It's important to note that while price is a factor in the buying decision, our proposal emphasizes the added value and benefits of the DERMABOND® Skin Adhesives. By highlighting the quality, reliability, and effectiveness of our product, we position ourselves as a provider of superior value rather than solely competing on price, as we understand that low-price strategies are rarely sustainable in the long run.
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Starch and cellulose _____.
(a) Are cis-trans isomers of each other
(b) Can be digested by humans
(c) Are polymers of glucose
(d) Are structural components of the plant cell wall
(e) Are used for energy storage in plants
Answer:
starch and cellulose are used for energy storage in plants
Explanation:
Option (c), Glucose polymers include starch and cellulose.
Do cellulose and starch contain glucose?All of the molecules in both starch and cellulose are repeating units of glucose since they are both homopolymers of glucose. The structure of the glucose molecules varies, however, depending on how they are connected. Two kinds of glucose polymers, amylose and amylopectin, are utilized to create starch.
Why are glucose polymers present in cellulose and starch, respectively?Starch and cellulose are two related polymers that are commonly found. In fact, they are both formed of the same monomer, glucose, and share the same replication units based on it. Only one difference exists. The glucose-repeat units of starch are all parallel to one another.
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describe the manufacturing process for concrete masonry units from the use of an autoclave until completion.
The manufacturing process for concrete masonry units from the use of an autoclave until completion involves a number of steps.
First, sand, cement, and water are combined and poured into a mixer. This mixture is then stirred for about 10 minutes. Once the mixture has been sufficiently blended, it is moved to a hopper, which is then loaded into an autoclave. The autoclave is pressurized and heated up to a temperature of around 350°F (177°C) and left to harden for a period of around 6 hours.
Once the concrete has been sufficiently hardened, it is removed from the autoclave and allowed to cool. At this stage, the concrete masonry units are relatively soft and easy to work with. They can be cut into the desired shape and size using a saw or other cutting tool. The cut blocks can then be sanded and painted to give them the desired finish.
Finally, the concrete blocks are sealed with a waterproof sealant to protect them from moisture and dirt. This process helps the blocks to last for years and allows them to withstand any environmental conditions. After sealing, the concrete masonry units are ready for use in construction projects.
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The manufacturing process for concrete masonry units typically involves the following steps:
1)Mixing: The raw materials, such as cement, sand, and aggregates, are mixed together with water to form a slurry.
2)Molding: The slurry is poured into molds of various sizes and shapes to form concrete masonry units.
3)Curing: The molded units are allowed to cure or harden for a period of time. This can be done by leaving them in a controlled environment, such as a greenhouse, or by using an autoclave.
4)Autoclaving: In some cases, the concrete masonry units are cured using an autoclave. This involves placing the units in a high-pressure chamber with steam at a high temperature for several hours. This process accelerates the curing process and results in a stronger, more durable product.
5)Finishing: Once the concrete masonry units are cured, they are removed from the molds and may undergo additional finishing processes, such as polishing or coating.
6)Quality control: The finished products are inspected for quality control and tested to ensure they meet the required strength and durability standards.
7)Packaging and shipping: The finished concrete masonry units are packaged and shipped to customers, such as construction companies, for use in building projects.
Overall, the manufacturing process for concrete masonry units is a precise and controlled process that involves mixing, molding, curing, and finishing the products, with an option for autoclaving to accelerate the curing process. The final product is tested for quality control and shipped to customers for use in construction projects.
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A local toy manufacturer is using a production line that runs 8 hours per day and produces a toy that requires a total of 7 tasks to be performed. The
daily demand is 100 toys. Times of the tasks are 2. 73, 2. 01, 02. 13, 2. 0, 2. 61, 2. 71, and 2. 95 minutes for A, B, C, D, E, F, and G, respectively. However,
due to the nature of the product there are precedence rules that must be observed. Such that Task A does not need any predecessors; task B requires
task A to be completed. To start task C and task D, each require task B to be completed. Task C must be completed prior to stating task E. Task F
needs both task D and task Eto be completed. Finally, task G can start only once task Fis completed.
Given we apply the most remaining tasks rule for balancing the assembly line, with ties broken according to longest task time first, the tasks that will
be assigned to the THIRD workstation are
O a. None is the correct answer
O b. B, C, and D
OCD and F
O d. Donly
O e. E only
The tasks that will be assigned to the THIRD workstation, following the most remaining tasks rule with ties broken according to longest task time first, are C and D.
To determine the tasks assigned to each workstation, we follow the precedence rules and consider the remaining tasks after each task is assigned. Based on the given information, we have the following precedence relationships:
Task A has no predecessors.Task B requires Task A to be completed.Task C and Task D require Task B to be completed.Task C must be completed prior to starting Task E.Task F needs both Task D and Task E to be completed.Task G can start only once Task F is completed.Using the most remaining tasks rule, we start with the first workstation and assign Task A. Then, we move to the second workstation and assign Task B. Now, for the third workstation, we consider the remaining tasks after Task B is completed. The remaining tasks are C, D, E, F, and G. Applying the tie-breaking rule, we select the longest task time first, which is Task D (2.61 minutes). Therefore, the tasks assigned to the THIRD workstation are C and D.
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Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
The minimum price per unit that would be financially acceptable to Brightstone is $129.37.
To determine the minimum price per unit that would be financially acceptable to Brightstone, we need to calculate the incremental cost of producing and selling the additional 23,000 tires.
The direct material cost per tire is $56, the direct labor cost is $22, and the factory overhead cost is $25, of which $15 is variable (60% of $25). The total variable cost per tire is therefore $103 ($56 + $22 + $25 - $15).
The selling and administrative expenses per tire are $26, of which $11.70 is variable (45% of $26). Therefore, the total variable cost per tire including selling and administrative expenses is $114.70 ($103 + $11.70).
Adding the shipping cost per tire of $7.50 and the certification cost of $165,000 divided by 23,000 units or $7.17 per tire, the total incremental cost per tire is $129.37 ($114.70 + $7.50 + $7.17).
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Complete question is:
Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
Direct materials $56
Direct labor 22
Factory overhead (60% variable) 25
Selling and administrative expenses (45% variable) 26
Total $129
Brightstone pays a selling commission equal to 5% of the selling price on North American orders, which is included in the variable portion of the selling and administrative expenses. However, this special order would not have a sales commission. If the order was accepted, the tires would be shipped overseas for an additional shipping cost of $7.50 per tire. In addition, Euro has made the order conditional on receiving European safety certification. Brightstone estimates that this certification would cost $165,000.
What is minimum price per unit that would be financially acceptable to Brightstone?
How does crime and violence affect the community
Answer: It hurts the community
Explanation: When you go up to someone that is a bully you are not just going to Punch them in the face, well if you do.
That would effect the community how?
Well, You can start trouble by hurting someone other people would get involved and more, and more until, a Parent/teacher gets involved and all those kids/people would get in trouble which would mean that "violence" is not the right option.
*You have a company's balance sheet, its income statement, and its statement of cash flows. Which would you refer to if you wanted to know if a company made or lost money last year? If you wanted to find out how much debt the firm had used to finance its assets? If you wanted to know why its cash balance had changed over the past year?
Which of the following will be accomplished by efficient allocations of the factors of production?a. Ensuring economic profitabilityb. Fulfilling many needs and wants of societyc. Understanding whether a product will faild. Replenishment of limited resources
By effectively allocating the factors of production, the following will be accomplished: Satisfying a variety of societal demands and wants.
Which of the following would the effective allocation of the production components achieve?When the factors of production are allocated effectively, many of society's needs and wants will be met.
Which of the following is relevant to economic resource allocation and productivity?In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state.
Which of the following is the study of the effective distribution of finite resources to meet the limitless demands and desires of people?Economics is the study of how and why people and society choose to distribute limited resources, as well as the effects of those decisions. It's sometimes said that the fundamental issue in economics is scarcity.
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A loan is borrowed money that must be returned. True or False?
Answer:
This statement is tru depending on the the type of loan it is.
Explanation:
If you invest for a single period at an interest rate of r, your money will grow to ______ per dollar invested.
If you invest for a single period at an interest rate of r, your money will grow to (1 + r) per dollar invested.
How to determine the rate of growth of a single period investmentThe formula for calculating future value of an investment is:
FV = P (1 + r)^n
Where:
FV = Future value P = Present value R = interest rate N = number of yearsFor example, if you invest $100 in an account that earns 10% per annum. The future value is:
$100 X ( 1 + 0.1)
$100(1.1) = $110.
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How familiar does a publicist need to be to do their job effectively?
Very familiar. It's the publicists job to make their client or company look good, with knowing past discrepancies of their client, they must do everything to keep up their client's image, as well as handling all their affairs in regards to, well, publicity, and getting their client known.
Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a veteran employee of ASI, suggested to senior management that certain aspects of production may need to be handled by other, more efficient companies. Jonathan also suggested that the company might want to create a physical store to possibly increase its visibility and potential profits. He explained many disadvantages of operating solely through the Internet. Refer to Academic Standard, Inc. Amanda's interaction with ASI is an example of
Answer: B2B
Explanation:
Based on the information given, we can infer that the interaction of the employee with ASI is an example of B2B..
Business-to-business simply means a form of transaction that is done between businesses, such as between a manufacturer and the wholesaler. It doesn't take place between the producer and the consumer.
Question 5 of 10 What does the Occupational Safety and Health Administration (OSHA) do? O A. It requires employers to budget a certain amount of money for health and safety measures. B. It mandates that employees submit to medical testing to determine if they are able and healthy enough to do their jobs. C. It governs job-related health and safety in the private sector and federal government in the United States. D. It requires safety equipment and health exams to be available for railroad workers. please hurry this is timed.
Answer:
C
Explanation:
OSHA governs job-related health and safety in the private sector and federal government in the United States. It sets and enforces standards for workplace safety, provides training and education to employers and employees, and conducts inspections to ensure compliance with regulations. Thus, option C is correct.
What is the Occupational Safety and Health Administration?The Occupational Safety and Health Administration (OSHA) is a United States federal agency that is responsible for setting and enforcing workplace safety and health standards.
It was created as part of the Occupational Safety and Health Act of 1970, and its mission is to prevent work-related injuries, illnesses, and deaths by promoting safe and healthy working conditions.
OSHA establishes and enforces standards, provides training and education, and conducts inspections to ensure that employers are complying with regulations.
Its jurisdiction covers most private sector employers and their workers, as well as some public sector employers and workers in the United States.
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why might it be bad for hotels to not charge higher prices when rooms are in higher demand? arbitrageurs might establish a black market by reserving rooms and then selling the reservations to customers. rooms may be rationed. without the profit from these high demand times, hotels would have less of an incentive to build or expand, making the long-run scarcity problem even worse. all of the above.
It is bad for hotels to not charge higher prices when rooms are in higher demand because it can lead to the establishment of a black market, room rationing, and a lack of incentive for hotel expansion.
Hotels charging higher prices when rooms are in higher demand can be beneficial for several reasons. Firstly, if hotels do not increase prices during peak periods, arbitrageurs may take advantage of this and establish a black market by reserving rooms and then selling the reservations to customers at inflated prices. This can lead to unfair practices and create a negative reputation for the hotel.
Secondly, if hotels do not charge higher prices during periods of high demand, there is a possibility that rooms may need to be rationed. This means that customers may not be able to secure a room during peak times, resulting in dissatisfaction and potentially lost business for the hotel.
Lastly, by not capitalizing on the profit from high demand periods, hotels may have less incentive to invest in building or expanding their operations. This can lead to a long-run scarcity problem, where the supply of hotel rooms does not meet the growing demand, making it even more difficult for customers to find accommodations in the future.
In conclusion, it is bad for hotels to not charge higher prices when rooms are in higher demand because it can lead to the establishment of a black market, room rationing, and a lack of incentive for hotel expansion.
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organization formed mainly by traders and manufacturers to cater for the interest of their members is
Answer:
A trade association
Explanation:
A trade association is an organization or a group founded by businesses in the same industry. A trade association is created to assist in coordinating activities that improve the welfare of its members. By uniting in an association, firms can lobby for a better business environment from the government.
A trade association allows members to bond and network. It presents an opportunity for members to strategize and exchange important business information.
One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
bonuses, contest prizes, and profit sharing are examples of which type of compensation?
Bonuses, contest prizes, and profit sharing are examples of variable pay, also known as incentive pay.
This type of compensation is typically based on an employee's performance, productivity, or other measurable factors, rather than their time worked or job position.
The purpose of variable pay is to motivate and reward employees for achieving specific goals or objectives, and to align their interests with those of the organization.
This type of compensation can take many forms, such as bonuses, commissions, stock options, or profit sharing, and is often used in conjunction with a base salary or hourly wage.
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Which of the following statements about investing is
TRUE?
A.On average, putting money in a savings account
earns a higher return than
investing money in the
stock market.
B.Investing is riskier than putting money in a savings
accounts.
C.Investing is best for short-term financial goals.
D.Investing is a guaranteed way to make money.
Answer:
B.Investing is riskier than putting money in a savings
accounts.
Explanation:
Savings refers to putting money aside for future consumption. Most firms and individuals save in savings accounts because they are safe and secure. Saving is considered risk-free, meaning the money saved is highly-unlikely to be lost.
Investing is engaging in commercial activities to make profits and grow wealth. Money put into an investment project is active, unlike the funds in a savings account. Investing has higher returns than savings but is also riskier. Money saved earns little interest on will remain the same but money invested can generate high profits or suffer losses.
suppose that a small publisher selling to book distributors has fixed operating costs of $600,000 each year and variable costs of $3.00 per book. how many books must the firm sell to break even if the selling price is $6.00
If the selling price is $6.00, the break-even point will be achieved when the number of books sold is 200,000 units.
Break-even point (BEP) is a situation in which the profit is zero or the company does not gain profit or loss.
Recall that:
Profit = revenue - total cost
Since profit = 0, hence the condition for break-even point is:
revenue = total cost
Revenue = number of units sold x selling price per unit
Total cost = fixed cost + variable cost per unit x number of units sold
In the given problem, given parameters are:
selling price = $6.00
fixed operating cost = $600,000
variable cost = $3.00 per book
Let:
p = number of unit sold
Hence,
revenue = 6 x p = 6p
total cost = 600,000 + 3p
Condition for BEP:
revenue = total cost
6p = 600,000 + 3p
3p = 600,000
p = 600,000/3 = 200,000
Hence, the BEP achieved if the number of books sold is 200,000 units.
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Which stakeholder groups does ceo mark tercek identify as potential partners in advancing environmental causes?.
Businesses, governments, and environmental groups are CEO Mark Tercek identified as potential partners in advancing environmental causes.
MARK TERCEK ENVIRONMENTAL OPINIONMark Tercek is a former CEO of The Nature Conservancy, a senior investment banker at Goldman Sachs, and a current member of RFF's President's Council. Tercek describes how major corporations, such as Micr0soft and Stripe, have recently announced extensive environmental plans and committed to new levels of transparency, in part because corporate leaders are becoming more aware of the economic implications of climate change and want to demonstrate to the public that they are making the necessary changes.
While concerns about greenwashing have long made environmentalists cautious of corporate climate ambitions, Tercek reflects on his experience leveraging private funds to safeguard environmental health and argues that a consensus between top firms and environmental organizations is achievable.
In his opinion, the commercial sector (companies and governments) and the environmental community should invest more in getting to know one another better and learning how to collaborate more effectively. This makes perfect sense if individuals believe that the private sector may be one of the most significant drivers of environmental development. However, they are the causes of everything that occurred today.
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Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
ΟΑ.
a few days to a week
OB.
a few weeks to a month
O c.
a few months to a year
D.
more than a year
more than a year
Explanation:
D.more than a year
beacuse we can reach our goal in years only
Which of the following is essential to consider with respect to managing capacity? global economic trends forecasting demand trends in fashion advertising financial reporting standards
The correct option is b. forecasting demand. Demand planning and supply chain experts can anticipate customer demand for a product through demand forecasting, which is a technique based on historical sales data and other data sources.
Demand forecasting is the technique of estimating and predicting future consumer demand for a good or service using predictive analysis of previous data. By estimating future sales and revenue, demand forecasting assists the company in making more educated supply decisions. There are three fundamental categories: causal models, time series analysis and projection, and qualitative approaches. Through a number of forecasting techniques, demand forecasting enables manufacturing organizations to understand what their customers' demands are. Predictive analysis, conjoint analysis, client intent surveys, and the Delphi Method of forecasting are some of these techniques. Demand forecasting aids in risk mitigation and effective financial decision-making that affects profit margins, cash flow, resource allocation, potential for growth, inventory accounting, operating costs, staffing, and overall expenditure. Demand forecasting is the foundation of all strategic and operational initiatives.
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Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
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A business that runs a ski resort sees a sudden spike in demand for lift passes. Is the supply of slopes elastic or inelastic? Why?
Answer:
The supply of slopes at a ski resort is generally considered to be inelastic. This is because the number of slopes available at a ski resort is usually fixed in the short term and cannot be easily changed in response to changes in demand for lift passes. It takes a significant amount of time and investment to build new slopes or expand existing ones, which means that the supply of slopes cannot be quickly adjusted to match changes in demand.
As a result, when there is a sudden spike in demand for lift passes, the ski resort may not be able to increase the number of slopes available to meet that demand. Instead, they may have to ration lift passes or increase prices to manage demand and prevent overcrowding on the existing slopes. This means that the supply of slopes is relatively unresponsive to changes in demand, making it inelastic.
However, in the longer term, the supply of slopes at a ski resort may become more elastic as the resort invests in new infrastructure and expands its operations to meet growing demand. For example, the resort may build new slopes, invest in snow-making equipment, or expand its facilities to accommodate more skiers and snowboarders. These investments can increase the overall supply of slopes and make the resort more responsive to changes in demand over time.
Corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. Its cost of equity capital is 11 percent, the cost of preferred stock is 5 percent, and the pretax cost of debt is 7 percent. The applicable tax rate is 35 percent. a) What is Mullineaux's Weighted Average Cost of Capital (WACC)? b) The company president has approached you about Mullineaux's capital structure. He wants to know why the company doesn't use more preferred stock financing because it costs less than debt. Is he correct? What would you tell the president? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answers.
Mullineaux's Weighted Average Cost of Capital (WACC) is 9.09%.
To calculate Mullineaux's Weighted Average Cost of Capital (WACC), we need to calculate the weighted average of the costs of each component of the capital structure.
a) Calculation of WACC:
Weight of Common Stock = 70%
Cost of Equity = 11%
Weight of Preferred Stock = 5%
Cost of Preferred Stock = 5%
Weight of Debt = 25%
Pretax Cost of Debt = 7%
Tax Rate = 35%
Calculate the after-tax cost of debt:
After-tax Cost of Debt = Pretax Cost of Debt * (1 - Tax Rate)
After-tax Cost of Debt = 7% * (1 - 0.35)
After-tax Cost of Debt = 4.55%
Calculate the WACC:
WACC = (Weight of Common Stock * Cost of Equity) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Debt * After-tax Cost of Debt)
WACC = (70% * 11%) + (5% * 5%) + (25% * 4.55%)
WACC = 7.7% + 0.25% + 1.14%
WACC = 9.09%
b) The company president is incorrect in assuming that preferred stock financing costs less than debt. In this case, the cost of debt is lower than the cost of preferred stock. The WACC is a weighted average of the costs of each component, and it considers the proportion of each component in the capital structure. The cost of each component is weighted based on its relative importance in the company's overall capital structure.
Since the cost of debt (after-tax) is lower than the cost of preferred stock, it is more cost-effective for the company to use debt financing rather than relying heavily on preferred stock financing. By utilizing debt financing, the company can achieve a lower overall cost of capital (WACC) and potentially increase its profitability.
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The federal gift tax applies to all gifts over
O $2,000.
O $10,000.
$14,000.
$18,000.
The federal gift tax applies to all gifts over: C. $14,000.
What is the IRC?The IRC is an abbreviation for Internal Revenue Code and it can be defined as a body of federal statutory tax law that is saddled with the responsibility of codifying all federal tax laws in the United States of America, such as the following:
Income taxEstate taxGift taxExcise taxAlcohol taxEmployment taxAccording to the Internal Revenue Code section, §2502, for the year 2014, 2015, 2016, and 2017, the federal gift tax applies to all gifts that are over 14,000 dollars.
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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
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