The demand equation for central bank money is 0.06Y - 0.875Yi, and the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money is 4.12%. The overall supply of money is $1.375 trillion and the equilibrium interest rate is 4.12%.
a. The demand equation for central bank money can be found by multiplying the aggregate demand for money by the reserve ratio:
Md = $Y(0.6 - 8.75i)
Reserve ratio = 0.1
Demand for central bank money = Reserve ratio * Md
Demand for central bank money = 0.1 * $Y(0.6 - 8.75i)
Demand for central bank money = 0.06Y - 0.875Yi
b. The supply of central bank money is given as $125 billion. Equating the demand for central bank money with the supply of central bank money, we get:
Demand for central bank money = Supply of central bank money
0.06Y - 0.875Yi = $125 billion
Substituting Y = $5 trillion, we get:
0.06($5 trillion) - 0.875($i)($5 trillion) = $125 billion
$300 billion - $4.375i trillion = $125 billion
$4.25i trillion = $175 billion
i = 0.0412 or 4.12%
Therefore, the equilibrium interest rate is 4.12%.
c. The overall supply of money is equal to the sum of central bank money and commercial bank money. Commercial bank money is equal to 10 times the central bank money, or 10*$125 billion = $1.25 trillion.
Overall supply of money = Central bank money + Commercial bank money
Overall supply of money = $125 billion + $1.25 trillion
Overall supply of money = $1.375 trillion
Equating the overall demand for money with the overall supply of money, we get:
$Y(0.6 - 8.75i) = $1.375 trillion
Substituting Y = $5 trillion and i = 4.12%, we get:
$5 trillion(0.6 - 8.75*0.0412) = $1.375 trillion
Therefore, the equilibrium interest rate is 4.12%.
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What is application software used for?
A. To help computer users apply their knowledge in new ways
B. To help computer users fill out employment applications
C. To make certain tasks easier for the computer user
O D. To make certain tasks more challenging for the computer user
Answer:
c I'm pretty sure
hope this helped!
How much does it cost to replace a battery in an electric car.
The cost to replace a battery in an electric car can vary depending on several factors such as the make and model of the vehicle, the type and capacity of the battery, and the manufacturer's policies. Generally, the cost of replacing an electric car battery can range from several thousand dollars to tens of thousands of dollars.
One of the primary reasons for the higher cost of battery replacement in electric cars is the complex and specialized nature of the battery technology used. Electric car batteries are typically large, heavy, and contain advanced lithium-ion or similar battery chemistries. These batteries are designed to provide high energy density and long-range capabilities, but they can be expensive to manufacture and replace.
The cost of the battery itself is a significant portion of the replacement cost. Electric car batteries are expensive due to the materials used, such as lithium, cobalt, and nickel, which have their own market prices and can fluctuate over time. Additionally, the manufacturing processes for these batteries involve advanced technologies and quality control measures, adding to the overall cost.
In some cases, the cost of battery replacement may be partially covered by warranty. Many electric vehicle manufacturers provide warranties on their batteries that cover a certain number of years or miles, during which any defects or significant degradation in battery capacity are addressed by the manufacturer. However, the specifics of warranty coverage can vary, and it's important to review the warranty terms and conditions provided by the manufacturer.
It's worth noting that the cost of battery replacement is expected to decrease over time as battery technology advances and economies of scale come into play. As the electric vehicle market continues to grow and battery production ramps up, it is anticipated that the cost of batteries will decrease, making replacements more affordable in the future.
Overall, the cost to replace a battery in an electric car is influenced by various factors, and it is advisable to consult with the vehicle manufacturer or authorized dealerships to get accurate cost estimates for specific electric car models. Additionally, it's essential to consider the long-term value and benefits of owning an electric car, including lower fuel costs, reduced emissions, and potential government incentives, which can help offset the initial and potential battery replacement costs.
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Which of the following is one of the difficulties faced by small business owners A. high cost of formation B. bureaucratic decision making process C.inability to focus on specific groups of customers D. worries about employee problems or competition E. limited scope for innovation
One of the difficulties faced by small business owners is worries about employee problems or competition. Option D.
A small business entrepreneur often launches a company in their neighborhood to serve a particular target market. Small business operators provide a specialized good or service to clients in a certain neighborhood.
Sometimes a small business is born out of a person's experience or passion, and that person decides to go it alone to have a bigger impact. A mom-and-pop shop is frequently left to a business owned by a relative. Small business entrepreneurs are focused on contributing in some way to their communities.
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When it comes to buying clothes, teenagers often follow social norms; this is likely motivated by ________.
When it comes to buying clothes, teenagers often follow social norms; this is likely motivated by peer influence and personal preferences.
What are social norms?Generally, There are several factors that may influence teenagers' clothing choices, including social norms, peer influence, and personal preferences.
One of the main reasons that teenagers may follow social norms when it comes to clothing is to fit in with their peers and to be accepted by their social group.
This can be especially important during the teenage years, when individuals are striving to establish their identities and find their place in the world.
Additionally, teenagers may follow social norms related to clothing as a way to demonstrate their values, beliefs, and affiliations. In some cases, clothing can serve as a way for teenagers to express themselves and communicate their interests, personality, and values to others.
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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesIf 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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Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
A variable cost is a cost that A) varies per unit at every level of activity. B) occurs at various times during the year. C) various in total in proportion to changes in the level of activity. D) may or may not be incurred, depending on management's discretion. Fixed normally will not include A) property taxes. B) direct labor. C) supervisory salaries. D) depreciation on buildings and equipment. Portman Company's activity for the first three months of 2016 are as follows: Using the high-low method, how much is the cost per machine hour? A) $2.00 B) $3.00 C) $2.26 D) $1.78 Hollis Industries produces flash drives for computers, which it sells for $20 each flash drive costs $13 of variable costs to make. During April, 1.000 drives were Fixed costs for March were $2 per unit for a total of $1,000 for the month How the contribution margin ratio? A) 25% B) 35% C) 65% D) 75%
1. A variable cost is a cost that C) varies in total in proportion to changes in the level of activity.
2. Fixed costs normally will not include B) direct labor.
3. Using the high-low method, the cost per machine hour for Portman Company is A) $2.00.
4. The contribution margin ratio for Hollis Industries is B) 35%.
What is the contribution margin?The contribution margin represents the difference between the unit sales price and the unit variable cost.
The contribution margin shows the profit level generated to cover fixed costs and earn net income.
The contribution margin ratio is a quotient of the contribution margin per unit and the sales unit price. The result is then multiplied by 100 to arrive at a percentage value.
Portman Company:January 1200 $3,900
February 1700 $4,900
March 2000 $5,500
High-Low Method:
2,000 $5,500
1,200 $3,900
800 $1,600
Cost per unit = $2.00 ($1,600/800)
Hollis Industries:Selling price per flash drive = $20
Variable cost per flash drive = $13
Contribution margin per unit = $7 ($20 - $13)
Contribution margin ratio = 35% ($7/$20 x 100)
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Question Completion for Portman Company:Portman Company:
January 1200 $3,900
February 1700 $4,900
March 2000 $5,500
When a country exports more than it imports, this is known as a trade _________.
Answer:
trade deficit hope it helps
Calculate the GDP using the data below (all figures are shown in millions)
Personal Consumption = $50
Government Consumption = $20
Business Consumption = $80
Gross Investments = $100
MULTIPLE CHOICE >>
$150 million
$100 million
$250 million
$200 million
Answer:
$250 million.
Explanation:
To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:
50 million + 20 million + 80 million + 100 million = X
250 million = X
Therefore, the GDP is $ 250 million.
7.
are people who assume the risk of business ownership.
Entrepreneurs
General partners
Limited partners
Sole proprietors
If the ceo of imabigbank is playing prisoners dilemma then, from his perspective , the gains to be had from cooperation are
If the ceo of imabigbank is playing prisoners dilemma then, from his perspective , the gains to be had from cooperation are larger than the rewards from pursuing self-interest.
What does the oligopoly prisoners' dilemma game theory entail?The prisoner's dilemma is a particular kind of game that demonstrates why oligopolists find it challenging to sustain cooperation even when it is advantageous to both parties. Each actor's primary strategy in this game is to defect. Self-interest, however, results in a less desirable collective outcome.
What is the prisoners dilemma?The prisoner's dilemma is a scenario in which the gains from cooperation are larger than the rewards from pursuing self-interest. It applies well to oligopoly. The story behind the prisoner's dilemma goes like this: Two co-conspiratorial criminals are arrested.
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True or False: A 12 ounce bottle of beer, a 5 ounce glass of wine, and a 1
ounce shot of liquor all contain approximately the same amount of
alcohol.?
The given statement "A 12-ounce bottle of beer, a 5-ounce glass of wine, and a 1-ounce shot of liquor all contain approximately the same amount of alcohol" is False because the amount of alcohol present in a beverage varies depending on the type of beverage and the amount consumed.
The three beverages mentioned contain different amounts of alcohol. The amount of alcohol present in the beverages depends on the type of beverage consumed and its alcohol content by volume (ABV). Beer, wine, and liquor are the three primary types of alcoholic beverages, with varying amounts of alcohol. One serving of beer is usually 12 ounces and contains about 5% alcohol by volume, which is equivalent to 0.6 fluid ounces of alcohol.
On the other hand, a 5-ounce glass of wine contains 12% alcohol by volume, which is equivalent to 0.6 fluid ounces of alcohol. A 1-ounce shot of liquor contains about 40% alcohol by volume, which is equivalent to 0.4 fluid ounces of alcohol. So, the alcohol content present in each beverage is different, and thus, the statement is false.
In conclusion, the amount of alcohol present in a beverage varies depending on the type of beverage and the amount consumed. It's crucial to understand the alcohol content in various beverages and to consume alcohol in moderation to avoid health risks and alcohol abuse.
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What proposed changes were made to boost the chinese economy that caused mao to launch the oppressive cultural revolution? choose three answers.
The changes that were proposed to made to improve the Chinese economy that caused Mao to launch the oppressive Cultural Revolution are-
It allows workers to compete for wagesIt prosecutes government officialsIt allows farmers to sell excess cropsWhat is Cultural Revolution?The start of the Cultural Revolution by Mao Zedong As Mao attempted to regain control by mobilizing radical youngsters against the Communist Party leadership, the campaign was fundamentally about upper economics.
These help workers compete for their wages for the work they did. It gives farmers to sell their excess crops and prosecutes the government officials.
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What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that ______. Multiple choice question. better ethics comes with increased standard of living the United States is often overly critical of foreign business practices the United States has more highly evolved ethical practice moral standards are relative to particular societies
What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that moral standards are relative to particular societies.
What are moral standards?In summary, moral standards are what a person of society considers to be right or wrong regarding human behavior. These standards are often different in the distinct cultures and societies around the world, often due to differing histories that helped to form them.
Therefore, we can confirm that the situation described in the question is a direct result of the moral standards being relative to particular societies.
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Will give brainlest
1. Define scarcity in terms of wants.
2. What are the three questions of economics?
3. Land, labor, capital, and entrepreneurship are called what economic term?
4. What is another word/term for an entrepreneur?
5. What is the reason most individuals want to open a new business?
6. Jim spends two and a half hours and $40 at the movies the night before an exam. What is the opportunity cost of this decision?
7. In a command economy, who decides what goods and services will be produced?
8. In capitalist economies how are prices set?
9. What is happening in the graph? (Supply or demand, increase or decrease, and is it quantity or not?)
10. What happens to the price and to quantity at this new equilibrium?
11. The law of supply says that as price rises, what will happen?
12. What will a high price do to consumers buying, and what will it do for producers?
13. If gas production drops for the year, how would it affect prices?
14. The law of Demand says when the price rises, the quantity demanded ________, and when prices fall, the quantity demanded of a good will __________.
15. If items are economic compliments, and demand for one increases, what will happen to the other item, typically?
16. Due to technological advances, individuals are able to buy and download music from the Internet as opposed to simply buying music from a store.
How would this technology affect the compact disc market? (Supply or demand? Increase
or decrease?)
17. What are the determinants of supply?
18. What do consumers do in the market to impact or influence what is produced?
Answer:
1. Scarcity is the inability to satisfy ones wants using the means available to them
2. Many have defined Economics as a social science that examines the relationship between
ProductionDistribution and Consumption of products and services.So the three questions are:
What will be produced?
Who will consume the products?
How will it get to the consumer?
3. Land, Labor, capital, and entrepreneurship in economic parlance collectively called the factors of production. Many schools of thought have also added Information to that list.
4. Another word for an entrepreneur is a business owner
5. Most businesses are set up to make a profit. Others to meet an intrinsic goal. However, because every business must operate sustainably, even not-for-profits must at least breakeven to remain in existence
6. The opportunity cost of a thing is the benefit forgone in order to have or possess that thing. The opportunity cost to Jim is the risk of failing the exam giving that he should be prepping of getting ready for the same.
7. In a command economy, the government is in control of all the factors of production and so decides what goods and services will be produced.
8. In capitalist economies, prices are determined by the forces of demand and supply
9-10. the graph was not supplied. Hence the answer could not be provided.
11. The law of supply says that as price rises, (all things being equal), supply will follow in the same direction. This is because rising prices is favorable to the manufacturer of the product as they stand to make more profit.
12. High prices will force demand by consumers down. Consumers also want to maximize value. That is, they want to get the best at the lowest price possible. Hence, for consumers, high prices (all things being equal) will translate to lower quantity purchased.
Producers on the other hand will (all things being equal) attempt to push out more of their products in order to take advantage of the high prices to make more profit.
13. Gas production will most likely translate to increased prices. The demand for gas is inelastic because it is an essential commodity. Hence a drop in the volume available for purchase (all things being equal) will create an upward spiral in prices.
14. The law of Demand says when the price rises, the quantity demanded (all things being equal) goes in the opposite direction, and when prices fall, the quantity demanded of a goodwill (all things being equal will go the opposite direction.
15. Demand for Complimentary or joint goods such as smartphones, data and call credit usually go in the same direction (all things being equal).
16. Advances in technology is leading to a decrease in the supply and demand for compact disk. Because of the availablility of songs and videos online and ease of access to them via the same media, the demand for compact discs which take up a lot of physical space and usually more expensive is take a downward run. This, in turn, is discouraging more production hence the lower the supply of same.
17. The determinants of supply are:
Cost of raw materials/inputs Productivity Technology: Better technology will translate to increased supply The Number of sellers: the more sellers there is, the more supply there is. Taxes and subsidies: Supply and taxes usually go in the opposite direction. Subsidies and supply usually go in the same direction. Government regulations: This can stop the supply for a goods or service completely or enhance it greately Price Expectations: When supplier expectations about prices are positive, supply goes up. Positive expectation is that the prices will go up.18. Consumers in order to impact or influence what is produced can choose between substitutes. These choices reflect why they go for a particular service, hence forcing other suppliers to follow the factors which drive demand.
Cheers
When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.
A calendar is made public, then anybody with the calendar's URL can View the calendar. The correct option is (D).
What do you understand by the calendar?A calendar is a diagram or object that shows the date, the day of the week, and frequently the entire year, broken down into months, weeks, and days.
An electronic calendar establishing reminders and notifications for significant events. setting aside time so that you can work uninterruptedly on important things. connecting to other mobile devices so you can always easily access your calendar.
Calendars are practical tools for remembering impending appointments, due dates, and achievements. They can assist you in seeing your schedule clearly and serve as a reminder of significant occasions, including work holidays and vacation days.
Therefore, a calendar is made public, then anybody with the calendar's URL can View the calendar.
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Describe how surveillance of our telephones has changed over the years. explain what is different about how silicon valley companies have built their networks and what it means for the general public and law enforcement? explain why it is risky for tech companies to build a "backdoor". soghoian poses the question, "should billions of people be using devices that are wire-tap friendly?" explain why you think our devices should or should not be wiretap friendly.
Answer:
All communication way back used to be wiretapped, but now companies have been able to encrypt their data for protection of their information against wiretapping.
Companies like silicon valley has taken the bold step in securing their data from been hacked.
The back door is risky because if a person or people exposes their information to others, their information will be at risk because of hackers who might exploit their privacy or sensitive documents.
Finally, the idea of devices to be wiretapped is not a good idea, because most people want heir privacy, for this it is termed illegal to access one's privacy without the authorization from the person.
Explanation:
Solution
Before now all communication used to be wiretapped. presently, companies are encrypting data , for the purpose of this data to not be easily wiretapped.
Silicon valley companies have secured their devices through encryption unlike other companies. what this implies is that it will be tough for police to arrest criminals, but the normal or average people will have capacity to communicate or interact much better.
The back door method is risky because, presently in today's world there are people that are specialist in hacking, so if no backdoor exist, then there will be no room for anyone to hack into someone's phone.
It is considered a risk if your phone is exposed to others to easily access your private information.
I don't like the idea for devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.
In general it is illegal and not right.
Answer:
Describe how surveillance of our telephones has changed over the years. It was originally manual, wires were connected by hand, and calls were recorded by tape. Now servalinec features are built into the networks and are now no longer needed to be done manually.
Explain what is different about how Silicon Valley companies have built their networks and what it means for the general public and law enforcement? Silicon Valeys have built strong encryption technology into their communication products. Which makes surveillance extremely difficult. This means for the general public and law enforcement that their communications cannot be easily wiretapped.
Explain why it is risky for tech companies to build a “backdoor”. When a backdoor is created in a communications network or piece of technology, there is now way of knowing who would use it. There is no way of knowing if it would be used by good guys or bad guys.
Soghoian poses the question, “Should billions of people be using devices that are wire-tap friendly?” Explain why you think our devices should or should not be wiretap friendly. I don't like the idea that devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.
Explanation:
edg
Imagine that you have no money and you have to leave home and live by yourself. Make a list of the ten most important things that you would take with you and explain why.
Answer:
food clothes water
Explanation:
their the basic needs of an individual
What is it called when you make money on
the percentage of the total sales you make?
Answer:
Commission
Explanation:
Commission is a payment based on the amount of sales an employee makes and is usually based on a percentage of total sales.
the final price for each comparable property reached after all adjustments have been made is termed the:
The final price for each comparable property reached after all adjustments have been made is called the adjusted sale price. It is the most accurate estimate of what the property is worth on the market.
The adjusted sale price is calculated by comparing the prices of similar properties in the area and making necessary adjustments for differences in features, size, condition, location, and other factors that affect the value of the property.
The adjustments made in determining the adjusted sale price are crucial in ensuring the fairness and accuracy of the property's value.
By taking into account the differences between the comparable properties and the property being appraised, the adjusted sale price reflects the actual value of the property and provides a basis for negotiation between the buyer and the seller.
In conclusion, the adjusted sale price is the final price reached for a property after all necessary adjustments have been made, taking into account the unique features of the property and the comparable properties in the area.
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enter information into accounting system means
Answer:
Answer:
Explanation:
These are the sales, cash receipts, cash disbursements, and purchases journals.
proceduresintegratedproceduresintegratedAnswerAnAnswerAn accounting system is a set of accounting processes with integrated procedures and controls. The intent of an accounting system is to record business transactions, summarize those transactions into an aggregated form, and create reports that can be used by decision makers to monitor, analyze, and improve operations.AnswerAnAnswerAnswerAnswer:
Explanation:
A Suspense Account was opened for an
error of $30 found in the Trial Balance. Later
it was observed that sales were understated
by $30. This item would be corrected in the
journal by
The main answer is: Debiting Sales Account and Crediting Suspense Account.
To correct the error of understating sales by $30 in the journal, the Sales Account should be debited and the Suspense Account should be credited. This will rectify the understatement of sales and ensure that the Trial Balance reflects the accurate financial information.
When an error is identified in the Trial Balance, a Suspense Account is created to temporarily hold the amount of the error until it is corrected. In this case, an error of $30 was found in the Trial Balance, indicating that the sales figure was understated. To correct this error, the Sales Account, which represents the revenue generated from sales, needs to be increased by $30. Hence, the Sales Account is debited.
On the other hand, the Suspense Account, which was initially created to balance out the Trial Balance, now needs to be reduced by $30 since the error has been identified and will be corrected. Therefore, the Suspense Account is credited to decrease its balance by $30.
By debiting the Sales Account and crediting the Suspense Account, the error of understating sales by $30 is rectified. The Trial Balance will now accurately reflect the corrected sales figure, ensuring the financial statements present a true and reliable representation of the company's financial position.
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This assignment covers chapters 5-6. Despite economists' support of a market approach to environmental policy, the command- and-control approach continues to dominate the policy of most nations. Explain why this is the case. In your response, cite and then comment on some of the common criticisms of market-based initiatives
Although economists generally support a market approach to environmental policy, the command-and-control approach is still the dominant policy in most nations. There are several reasons for this.
First, the command-and-control approach is simpler to understand and implement. It involves setting specific regulations and standards that businesses and individuals must follow. This approach is easier for policymakers to implement and enforce than the market approach, which relies on economic incentives to encourage environmentally friendly behavior.
Second, the command-and-control approach is often seen as more effective at achieving environmental goals. This is because it sets specific standards that must be met, whereas the market approach relies on voluntary actions by businesses and individuals. However, economists argue that the market approach can be more efficient and cost-effective in achieving environmental goals.
Finally, there are several common criticisms of market-based initiatives. One criticism is that they can create inequities, as wealthier individuals and businesses can afford to pay for the right to pollute while poorer individuals and businesses cannot. Another criticism is that market-based initiatives can be difficult to implement and enforce, as they rely on voluntary actions by businesses and individuals.
In conclusion, despite economists' support of a market approach to environmental policy, the command-and-control approach continues to dominate the policy of most nations due to its simplicity, perceived effectiveness, and criticisms of market-based initiatives.
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what is the ftc recommendation regarding choice as it relates to personally identifiable information (pii)? group of answer choices require robust notice only before pii is collected. require firms to allow consumers to opt-out before pii is collected. make collection of pii illegal. require firms to have consumers affirmatively opt-in before pii is collected.
The FTC's recommendation regarding consumer choice in relation to personally identifiable information is to make it mandatory for businesses to obtain customers' affirmative consent before collecting (pii).
How are personally identifiable (PII) data protected?Store delicate personal data safely when not in use in a closed desk drawer, filing cabinet, or other secure container. When using sensitive PII, make sure to keep it in a secure location that is only accessible to those with a need to know. At all costs, sensitive PII must never be faxed.
Personal identity numbers include things like Social Security Numbers (SSN), Passport Numbers, Driver's License Numbers, Taxpayer Identity Numbers, Patient Identification Numbers, Financial Account Numbers, or Credit Card Numbers. For a personal address, provide a street address or email address. personal interaction
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You must evaluate the purchase of a proposed spectrometer for the R&D department. The base price is $60,000, and it would cost another $12,000 to modify the equipment for special use by the firm. The equipment falls into the MACRS 3- year class and would be sold after 3 years for $15,000. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The equipment would require an $6,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $49,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 35%.
a. What is the initial investment outlay for the spectrometer, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest cent.
b. What are the project's annual cash flows in Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest cent.
Year 1: $
Year 2: $
Year 3: $
c. If the WACC is 14%, should the spectrometer be purchased?
a. To calculate the initial investment outlay (Year 0 project cash flow), we need to consider the initial cost, modification cost, working capital requirement, and the salvage value:
Initial Cost: $60,000
Modification Cost: $12,000
Working Capital Requirement: $6,000 (increase in net operating working capital)
Salvage Value: $15,000
The initial investment outlay is the sum of these values:
Initial Investment Outlay = Initial Cost + Modification Cost + Working Capital Requirement - Salvage Value
Initial Investment Outlay = $60,000 + $12,000 + $6,000 - $15,000
Initial Investment Outlay = $63,000
Therefore, the initial investment outlay for the spectrometer is $63,000.
b. To calculate the project's annual cash flows in Years 1, 2, and 3, we need to consider the labor cost savings and the depreciation tax shield.
Annual Cash Flow = Labor Cost Savings + Depreciation Tax Shield
Labor Cost Savings: $49,000 (before-tax labor cost savings per year)
Depreciation Tax Shield: Depreciation expense * Tax rate
Depreciation expense for each year can be calculated using the MACRS depreciation rates provided. Let's calculate the annual cash flows:
Year 1:
Depreciation Expense = Initial Cost * Depreciation Rate for Year 1
Depreciation Expense = $60,000 * 33%
Depreciation Expense = $19,800
Annual Cash Flow (Year 1) = Labor Cost Savings + Depreciation Tax Shield
Annual Cash Flow (Year 1) = $49,000 + ($19,800 * 35%)
Year 2:
Depreciation Expense = Initial Cost * Depreciation Rate for Year 2
Depreciation Expense = $60,000 * 45%
Depreciation Expense = $27,000
Annual Cash Flow (Year 2) = Labor Cost Savings + Depreciation Tax Shield
Annual Cash Flow (Year 2) = $49,000 + ($27,000 * 35%)
Year 3:
Depreciation Expense = Initial Cost * Depreciation Rate for Year 3
Depreciation Expense = $60,000 * 15%
Depreciation Expense = $9,000
Annual Cash Flow (Year 3) = Labor Cost Savings + Depreciation Tax Shield
Annual Cash Flow (Year 3) = $49,000 + ($9,000 * 35%)
c. To determine whether the spectrometer should be purchased, we need to calculate the net present value (NPV) of the project and compare it to zero. Given that the Weighted Average Cost of Capital (WACC) is 14%, we can use the NPV to make the decision.
If the NPV is positive, it indicates that the project's expected return is higher than the cost of capital, and the spectrometer should be purchased. If the NPV is negative, it indicates that the expected return is lower than the cost of capital, and the spectrometer should not be purchased.
To calculate the NPV, we would need information about the discount rate and the expected cash flows beyond Year 3. Without this information, we cannot determine the viability of the project based solely on the WACC of 14%.
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What are the impacts arising from Corporate Action?
Business decisions can affect a company and its stakeholders in a variety of ways. Here are a few illustrations: Shareholder value, Corporate structure, Regulatory compliance, Reputation.
Every incident that could have an effect on a company's financial or operational structure is referred to as a "corporate action." Dividends, stock splits, mergers, acquisitions, spin-offs, and adjustments to a company's capital structure are a few examples of corporate actions. The corporation, its shareholders, and other stakeholders may be impacted in many ways by these decisions. While some business decisions are required by laws or regulations, others are made to improve the company's financial performance or competitiveness. Companies must carefully analyse the potential effects of every company decision and effectively communicate those implications to stakeholders.
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What should i name my blue dinosaur
Answer:
Blu or Bluemoon
Explanation:
Cause I like them :D
Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below. Soles are expected to grow by 12% next year: Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? D not round intermediate calculabions. Round your answer to the nearest dollac. $
The projected spontaneous liabilities for Smiley Corporation would be approximately $16,800.
To calculate the projected spontaneous liabilities for Smiley Corporation, we need to consider the current sales and partial balance sheet information provided. Here are the steps to determine the projected spontaneous liabilities:
1. Identify the relevant liabilities: Spontaneous liabilities typically include accounts payable, accrued expenses, and other short-term liabilities that arise from day-to-day operations.
2. Determine the growth rate: The question states that sales are expected to grow by 12% next year. This growth rate will be used to estimate the increase in spontaneous liabilities.
3. Calculate the projected sales: Multiply the current sales figure by the growth rate. For example, if the current sales are $100,000, the projected sales for next year would be $100,000 * 1.12 = $112,000.
4. Estimate the spontaneous liabilities: To estimate the spontaneous liabilities, you can use the current spontaneous liabilities as a percentage of sales. For example, if the current spontaneous liabilities are 15% of sales, then the estimated spontaneous liabilities for next year would be $112,000 * 0.15 = $16,800.
5. Round the answer: Round the estimated spontaneous liabilities to the nearest dollar. For example, if the calculated value is $16,800.45, round it to $16,800.
Therefore, the projected spontaneous liabilities for Smiley Corporation would be approximately $16,800.
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Of every 500,000 jobs in the U.S., the approximate number of those through international firms are _____.
Answer:
90,000
Explanation: