a) Direct Material Related Overhead Rate for next month = $72,900 / $270,000 = 27%b) Direct Labor Related Overhead Rate for next month = $69,120 / $216,000 = 32%Explanation:The company Channing Corporation makes two products (A1 and B2) that require direct materials,
direct labor, and overhead. The above data provided refers to the operations expected for next month.The two-stage cost allocation system is used by Channing. It uses direct-material costs to allocate direct-materials related overhead and direct-labor costs to allocate direct-labor related overhead costs.a) To compute the Direct Material Related Overhead Rate for next month, we use the formula, Direct Material Related Overhead Rate = Direct Material Related Overhead Cost / Direct Materials Cost= $72,900 / $270,000= 27%b)
To compute the Direct Labor Related Overhead Rate for next month, we use the formula, Direct Labor Related Overhead Rate = Direct Labor Related Overhead Cost / Direct Labor Cost= $69,120 / $216,000= 32%c) The Total Overhead allocated to product A1 next month is calculated using the formula,Total Overhead Allocated = Direct Materials Cost × Direct Material Related Overhead Rate + Direct Labor Cost × Direct Labor Related Overhead Rate= $90,000 × 27% + $64,000 × 32%= $24,300 + $20,480= $44,780d) The Total Overhead allocated to product B2 next month is calculated using the formula,
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What is the allowance provided to an employee (salon manager) in charge for a full week?
Answer:
$44.98 per week
Explanation:
This allowance is based on a working condition or a disability as part of working a shift.
If you roll a ix ided die and flip a coin what are we thr total number of poible outcome
If you roll a six-sided die and flip a coin, the total number of possible outcomes is 12.
A die is a cube-shaped object with a number of dots, typically numbered 1 to 6, on each of its six sides. When a die is rolled, one of the six possible outcomes will result, depending on which side lands face up.
A coin flip, on the other hand, involves flipping a coin in the air and observing which side lands face up, either heads or tails.
When both a die and a coin are rolled or flipped, each event is independent and the outcomes of each event do not affect each other. The total number of possible outcomes for both events combined is the product of the number of possible outcomes for each event.
So, for the die with 6 possible outcomes and the coin with 2 possible outcomes, the total number of possible outcomes when both events are performed is 6 x 2 = 12. The 12 possible outcomes are (1, heads), (1, tails), (2, heads), (2, tails), and so on, up to (6, tails).
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Which of the following statements about stocks is TRUE?
A stock is a type of savings account that pays interest based on current interest rates in the money market.
A stock is a share of ownership in a company.
A stock is a type of investment that invests in a mix of different types of investments.
A stock is a type of debt investment that acts like a loan.
Answer:
number 2
Explanation:
stock is a share of ownership in a company
The statement about stocks is TRUE A stock is a share of ownership in a company. Thus the correct option is 2.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
A significant positive link exists between beta and returns when there are positive worldwide profits, and a large negative correlation exists when there are negative global excess returns.
An individual buying the stock is referred to as Stockholder who earns a great profit when the purchased stocks seek growth in the market and this will helps the economy to grow side by side.
Therefore, option 2 A stock is a share of ownership in a company is appropriate.
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Explain one reason why a business may use social media to promote
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
deman is ____ when the price change results in a proportional change in quantity
demanded. This type of demand is __________________ to find.
Answer:
Unit elastic, difficult
Question 2 (1 point)
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales
tax of $2.00, the total should be $11.50. However, when she gets to the checkout,
the total is now $13.00. Which type of tax is Huda MOST likely paying that would
explain the extra $1.50?
estate
excise
inheritance
O income
Question 3 (1 point)
Answer:
$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )
Which of the following is not an example of professional behavior
?
2. The first draft of the project charter is as follows:
Project Manager
Project Sponsor
Start Date
Project Mission
PROJECT CHARTER
Annual Clothing Drive
Talar Adams
Activities Committee
April 21
Deliver clothes to local shelters
a. Does this charter contain enough information for Talar to get started? Why or why
not?
Answer:
The charter provides some basic information about the project, such as the project manager, sponsor, start date, and mission. However, it does not provide enough details about the project's scope, objectives, budget, timeline, stakeholders, and risks. Talar needs more information to understand the project's requirements, constraints, and expectations. She also needs to define the project's deliverables, milestones, and success criteria. Without a clear and comprehensive project charter, Talar may face difficulties in planning, executing, and controlling the project, as well as communicating with stakeholders and managing their expectations. Therefore, Talar should revise the project charter to include all the necessary information and obtain approval from the project sponsor before proceeding with the project.
What are the five metrics identified as necessary for auditing a company's social media presence on social media platforms?
The five metrics necessary for auditing a company's social media presence are reach, engagement, impressions, conversion, and sentiment analysis.
When auditing a company's social media presence, these five metrics provide valuable insights into different aspects of its performance. Reach measures the size of the audience reached, engagement assesses user interactions with the content, impressions indicate the potential visibility of the content, conversion tracks desired actions taken by users, and sentiment analysis evaluates the overall sentiment expressed by users. These metrics help companies evaluate the effectiveness of their social media efforts, understand audience behavior, and make informed decisions to improve their social media strategies.
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Question 2
As a financial analyst with KPC plc., you have been asked to
calculate the share price for a right issue. The following
information is available to aid your calculation. The current share
p
As a financial analyst with KPC plc., to calculate the share price for a right issue, the following information is needed:
1. Current Share Price: The current market price per share of KPC plc's stock.
2. Rights Ratio: The ratio of new shares to existing shares that will be offered in the right issue. For example, if the rights ratio is 1:5, it means that for every 5 existing shares, shareholders will be entitled to purchase 1 new share.
3. Issue Price: The price at which the new shares will be offered to existing shareholders in the right issue.
To calculate the share price for a right issue, you can use the following formula:
Share Price = (Current Share Price * Number of Existing Shares) + (Issue Price * Number of New Shares) / (Number of Existing Shares + Number of New Shares)
The resulting share price represents the theoretical price after the right issue, taking into account the dilution effect of the new shares.
By plugging in the relevant values into the formula, you can calculate the share price for the right issue of KPC plc.
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On the maturity date of a $4,800, 9-month, 10% note, the borrower sends a check that includes the principal and all the interest due on the note. What the amount of the borrower's check?
Multiple Choue
$5.280
$360
$4.800
$9120
The amount of the borrower's check is $5,280.
To calculate the amount of the borrower's check, we need to add the principal and the interest due on the note.
The principal amount is $4,800.
To calculate the interest, we use the formula:
Interest = Principal × Rate × Time.
In this case, the rate is 10% (or 0.10) and the time is 9 months (or 9/12 years).
Interest = $4,800 × 0.10 × (9/12) = $4,800 × 0.10 × 0.75 = $360.
Therefore, the borrower's check will be the sum of the principal and the interest: $4,800 + $360 = $5,160.
Hence, the correct answer is $5,280.
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to be valid, a security agreement must contain a description of the collateral. T/F
A security agreement is an agreement between a lender and a borrower that lays out the terms and conditions of the loan and the collateral that secures it.
To be effective, a security agreement must contain a description of the collateral being used to secure the loan. This can include real property (land and buildings), personal property (vehicles, inventory, equipment, etc.), and other assets that have value.To be valid, a security agreement must meet specific legal requirements. The agreement must be in writing, signed by both parties, and clearly describe the collateral being used to secure the loan. In addition, the agreement must be filed with the appropriate state or local authority to ensure that it is legally enforceable.To sum it up, it is true that a security agreement must contain a description of the collateral in order to be valid. A security agreement that does not contain a description of the collateral would not be legally enforceable. Therefore, it is important for lenders and borrowers to carefully review the terms of the agreement and ensure that it complies with all legal requirements.
To secure a loan, a security agreement is an agreement between the lender and the borrower that lays out the terms and conditions of the loan and the collateral. It must contain a description of the collateral being used to secure the loan to be effective. A security agreement must be in writing, signed by both parties, and describe the collateral. The agreement must be filed with the appropriate state or local authority. A security agreement that does not contain a description of the collateral would not be legally enforceable. Therefore, lenders and borrowers should review the terms of the agreement and ensure that it complies with all legal requirements.
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"creative pebble plus 2.1 usb-powered desktop speakers with powerful down-firing subwoofer and far-field drivers, up to 8w rms total power for computer pcs and laptops (black)" how does the company market this item?
At an incredibly low cost, the Creative Pebble Modern 2.1 USB Desktop Speakers deliver excellent sound. Give it a try if you're searching for a compact set of speakers that won't break the budget and quality.
What role do words have in marketing?Terms used in marketing and advertising material are represented by advertising words. These phrases are used by advertising experts to capture and hold the interest of potential clients. Effective advertising language can emphasize the advantages of a good or service and convince customers to buy it.
What does a marketing catchphrase mean?An advertising campaign slogan is a succinct phrase that encapsulates the goals of a company or brand as well as the goods or services it provides. To set them apart from the taglines or phrases used by other businesses and to increase their memorability, tag lines are intended to be catchy, smart, or even controversial.
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An alleged $500 million Ponzi scheme preyed on Mormons. It ended with FBI gunfire. In Las Vegas, a lawyer with huge gambling debts is accused of ...
A $500 million Ponzi scam allegedly preyed on Mormons. It came to an end with FBI gunshots. A lawyer in Las Vegas is accused of financial fraud after incurring massive gaming debts.
What exactly is financial fraud?Financial fraud occurs when someone deprives you of money or capital or otherwise hurts your financial health by deceitful, misleading, or unlawful methods. This can be accomplished through a variety of means, including identity theft and investment fraud.
Additional criminal activities, such as computer crime and elder abuse, as well as violent crimes such as robbery, armed robbery, or murder, may be involved in financial crimes. Individuals, businesses, and organized criminal organizations can all commit financial crimes. Individuals, organizations, countries, and whole economies may all be victims.
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if there are 10,000 shares of stock and you have 200 what percent do you have
Answer:
Answer: 2%
Explanation:
Assuming there are 10,000 shares of stock and you have 200, you would have 2% of the total shares.
To calculate the percentage, you can use the following formula:
(Number of Shares You Own / Total Number of Shares) x 100 = Percentage of Shares You Own
In this case, it would be (200 / 10,000) x 100 = 2%.
Answer: 2%
Answer:
If there are a total of 10,000 shares of stock, and you happen to own 200 of those shares, you would have 2% of the total shares.
Explanation:
To determine the percentage of shares you have, you need to compare the number of shares you own to the total number of shares available.
To calculate the percentage, you divide the number of shares you own by the total number of shares and then multiply the result by 100.
\(Percentage=\frac{No. of shares owned}{Total No. of shares} X 100\\=\frac{200}{10000} X 100\\=0.02 X 100\\=2%\)
In this case, when you divide 200 by 10,000, you get 0.02. Multiplying this by 100 gives you 2%.
So, if there are 10,000 shares in total and you own 200 shares, you have 2% of the total shares. This means you have a small portion, or 2 out of every 100 shares available.
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currently digby is paying a dividend of $21.56 (per share). if this dividend were raised by $3.64, given its current stock price what would be the dividend yield?
Thus, if Digby raised its dividend per share by $3.64 and taken its current stock price is $250, the dividend yield will be 10.08%.
To calculate the dividend yield, we need to divide the annual dividend per share by the current stock price. First, we need to calculate the new annual dividend per share if it were raised by $3.64.
New annual dividend per share = $21.56 + $3.64 = $25.20
Next, we need to find out the current stock price. Since it is not given in the question, we cannot calculate the dividend yield accurately. However, assuming that the current stock price is $250, we can calculate the dividend yield as follows:
Dividend yield = (Annual dividend per share / Current stock price) x 100%
Dividend yield = ($25.20 / $250) x 100%
Dividend yield = 10.08%
Therefore, if Digby raised its dividend per share by $3.64 and assuming its current stock price is $250, the dividend yield would be 10.08%.
However, it is important to note that the current stock price may vary and thus affect the dividend yield calculation.
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Money Management Assessment
Australians have the world's second-largest household debts. We know it, we worry about
it
, and there is increasing evidence it is changing our way of life. Ninety per cent of the
nearly 55,000 respondents to the ABC's Australia Talks National Survey rated household
debt as a problem for
the nation. On an individual level, 37 per cent are struggling to pay off
their own debts, with almost half of millennials reporting that debt is a problem for them
personally. https://www.abc.net.au/news/2019-10-18/household-debt-leaves-australians-
working-longer-spending-less/11608016
From what you have been taught this term on money management you need to write a response on
how Australians can turn their personal debt around and start to build wealth. In your response to
achieve above the standard you need to cover all of the key vocab: Debt, Savings, Loans, Banks,
Credit, Needs, Wants, Assets, Liabilities, Interest.
Answer: What are we suppose to answer where is the question
Explanation:
Complete the following sentence.
The acronym ADA stand for
(tourism)
Answer:
Americans with Disabilities Act
Explanation:
:)
an adjusting entry that has the effect of moving a portion of deferred revenue liability from the balance sheet to the income statement has the effect of:
An adjusting entry that transfers a portion of the cost of an asset from the balance sheet to the income statement reduces assets and raises expenses.
What is an income statement?You can see the company's income and expenses on an income statement, which is a financial statement. It also reveals if a business is profitable or losing money over a specific time frame. You can better grasp your company's financial situation with the aid of the income statement, balance sheet, and cash flow statement.
What causes a reduction in an asset and an increase in a cost?In an accounting ledger, debits are always recorded on the left side. Debits affect liability, equity, and income accounts negatively while positively affecting asset and cost accounts.
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the boyd corporation has annual credit sales of $1.6 million. current expenses for the collection department are $35,000, bad-debt losses are 1.5%, and the days sales outstanding is 30 days. the firm is considering easing its collection efforts such that collection expenses will be reduced to $22,000 per year. the change is expected to increase bad-debt losses to 2.5% and to increase the days sales outstanding to 45 days. in addition, sales are expected to increase to $1,625,000 per year. should the firm relax collection efforts if the opportunity cost of funds is 16%, the variable cost ratio is 75%, and taxes are 40%?
According to the given information, Cost of carrying receivables is $15,781 and Cost of carrying receivables increase is $24,041.
Given data:
Annual credit sales = $1,600,000
Current expense = $35,000
Bad debt losses = 1.5%
Days sales outstanding = 30 days
Collection expense = $22,000 per year
Increase bad debt losses = 2.5%
Increase days sales outstanding = 45 days
Sales increase = $1,625,000 per year
Opportunity cost = 16%
Variable cost ratio = 75%
Tax rate = 40%
Cost of carrying receivables = Days sales outstanding × Annual credit sales/365 × Variable cost ratio × Opportunity costCost of carrying receivables = 45 × 1,600,000/365 × 75% ×16%Cost of carrying receivables = 30 × 4,383.56 × 0.75 × 0.16Cost of carrying receivables = 131,506.8 × 0.12Cost of carrying receivables = $15,781Cost of carrying receivables increase = Increase days sales outstanding × Sales increase/365 x Variable cost ratio x Opportunity cost
Cost of carrying receivables increase = 45 × 1,625,000/365 × 75% × 16%
Cost carrying receivables increase = 45 × 4,452.05 × 0.75 × 0.16
Cost of carrying receivables increase = 200, 342.25 × 0.12
Cost of carrying receivables increase = $24,041
Working Notes:
1. 1,600,000 × 1.5% = $24,000
2. 1,625,000 × 2.5% = $40,625
Opportunity cost is the benefit that was lost due to a decision that was made differently.The advantages and disadvantages of each option must be weighed against one another in order to properly assess opportunity costs.Opportunity costs can help people and businesses make more profitable decisions by guiding them in this direction.Opportunity cost is a wholly internal expense that is only considered from a strategic standpoint; it is not accounted for in accounting profit and is not reported to external parties.Learn more about Opportunity cost, here
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What principles of government are in the Declaration of Independence?
Principles of government are in the Declaration of Independence
Principle 1: All People Are Created Equal
Principle 2: All People Have Basic Rights That Cannot Be Taken Away
Principle 3: The Government Gets It Power To Make Decisions And Protect Rights From The People
Principle 4: When The Government Does Not Protect The Rights Of The People, The People Have The Right To Alter Or Abolish The Government .
Evaluating the principles :
Principle 1: All People Are Created Equal
Thomas Jefferson wrote, "We hold these truths to be self-evident, that all men are created equal..."
Principle 2:
All People Have Basic Rights That Cannot Be Taken Away
A second truth Jefferson writes of in the Declaration of Independence is that men are "endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."
Principle 3:
The Government Gets It Power To Make Decisions And Protect Rights From The People
The Declaration of Independence states that "governments are instituted among men, driving their just power from the consent of the governed."
Principle 4:
When The Government Does Not Protect The Rights Of The People, The People Have The Right To Alter Or Abolish The Government
Thomas Jefferson declared in the Declaration of Independence, "when ever any form of government becomes destructive of these ends, it is the Right of the People to alter or to abolish it..."
What is in a Declaration of Independence?
The Declaration of Independence states the principles on which our government, and our identity as Americans, are based. Unlike the other founding documents, the Declaration of Independence is not legally binding, but it is powerful.
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An agreement between countries to encourage free trade and promote thegroup's collective economic interests is an__
O A. comparative advantage
OB. trade bloc
O C. absolute advantage
D. trade barrier
Answer:
OB. trade bloc.
Explanation:
A trade bloc is when a group of countries come together and form or create an agreement that reduced or even eliminates any restrictions on trade between themselves. This type of intergovernmental agreement allows the participating countries to have cordial economic relationships with each other.
Through this type of agreement, the regional barriers to international trade are open or given fewer restrictions to allow or encourage free trade between themselves. Moreover, it also allows them to trade among themselves and prevent the non-members from participating in any economic trade with the member nations.
Thus, the correct answer is option B.
the cfo of the rooney microscope corporation intentionally misclassified a downstream transportation expense in the amount of $582,800 as a product cost in an accounting period when the company made 9,400 microscopes and sold 7,100 microscopes. rooney rewards its officers with bonuses that are based on net earnings. required indicate whether the elements on the financial statements (i.e., assets, liabilities, equity, revenue, expense, and net income) would be overstated or understated as a result of the misclassification of the downstream transportation expense. determine the amount of the overstatement or understatement for each element.
The misclassification of the downstream transportation expense would result in an overstatement expenses and an understatement of net income, assets, and equity on the financial statements.
Expenses:
The misclassified expense of $582,800 would be wrongly classified as a product cost, leading to an overstatement of expenses by that amount.
Net Income:
Net income is calculated by subtracting expenses from revenues. Since the misclassified expense is included in the product cost, it would reduce the reported expenses and result in an overstatement of net income by $582,800.
Assets:
As expenses are understated, the misclassification would result in an understatement of the expenses component of the retained earnings, which is part of equity. This would also lead to an understatement of total assets by $582,800.
Equity:
Since expenses are understated, the misclassification would result in an understatement of equity by $582,800.
In conclusion, the misclassification of the downstream transportation expense would overstate expenses and understate net income, assets, and equity by $582,800.
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The misclassification of the downstream transportation expense as a product costs overstates assets and net income, understates expenses, and overstates equity in the corporation's financial statements.
Explanation:The misclassification of the downstream transportation expense as a product cost will result in the overstatement of assets by $582,800 (the amount of the misclassified cost), as product costs are capitalized as inventory (an asset) on the Balance Sheet. This also means that there is an understatement of expense - since the cost was not correctly classified as a transportation expense, it did not reduce net income as it should have.
Therefore, net income is overstated by the amount that expenses were understated - again, $582,800. Lastly, as the corporation rewards its officers with bonuses based on net earnings, equity is also overstated due to the inflated net income. Assuming all the produced units were sold, the misclassification results in an overstatement of $582,800 in the current period; however, if there are unsold units, only the cost encapsulated in the sold units (7,100/9,400 * $582,800) would affect the current period's income statement while the remainder would continue to be an asset.
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T/F the in an organization is reflected by the number of job titles in the company.
The statement "T/F the hierarchy in an organization is reflected by the number of job titles in the company" is FALSE.
An organizational hierarchy, also known as a corporate hierarchy, is the arrangement of personnel and resources in an organization. The ranking of positions in an organization based on the level of authority and status is referred to as the organizational hierarchy. This is accomplished by distributing authority and accountability through the organization's leadership chain.A corporate hierarchy is usually made up of managers, supervisors, and subordinates. The upper levels of the hierarchy have higher pay and greater status than the lower levels. Hierarchy in an organization is generally defined by the level of authority and responsibility. The greater the authority, the higher the rank of the position.
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what two instruments are the band using that are not traditional in irish trad
The band is using electric guitar and drums, which are not traditional instruments in Irish trad music.
In traditional Irish music, instruments such as the fiddle, uilleann pipes, tin whistle, bodhran, and accordion are commonly used. However, modern bands often incorporate non-traditional instruments to create a unique sound. In this case, the band is using an electric guitar and drums, which are typically associated with rock or pop music.
These instruments add a new dimension to the band's sound, allowing them to experiment with different genres and styles. While some purists may argue that these instruments don't belong in Irish trad music, others appreciate the creativity and innovation they bring. Ultimately, it's up to each individual listener to decide whether they enjoy the fusion of traditional and non-traditional elements in the music.
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Jolene has always wanted to work in Physical Therapy. Which career would be the best choice if she wants to get into a job that has fast-growing availability?
A. Physical Therapist Assistant
B. Physical Therapist Aide
C. Physical Therapist
D. Physical Therapist Technician
help? D:
Answer:
A.) Physical Therapist Assistant
Explanation:
Just did on Edge 2020. Hope this helps you and others out.
The best career choice that would have taken by Jolene in order to work in the field of Physical therapy is to become a Physical Therapist Assistant.
Option A is the correct answer.
What is meant by physical therapy?Physical Therapy is a kind of treatment done by professionals to relieve a person from pain.
Physical therapist Assistants are professionals who are qualified with an accredited degree in the course of Physical Therapy Education. They are worked under the guidance of Physical Therapists. They also helped the physical therapists with the healthcare problems of the infants to the individual who died.
Therefore, the Physical therapist assistant would be the career chosen by Jolene in order to work in the desired field.
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PLEASE HELP!!
If you want to start an emergency savings fund and want to make sure your money is available at any given time, which is the best option for you?(1 point)
Responses:
1. a bank savings account
2. a money market mutual fund
3. a CD
4. a mutual fund
Answer:If you want to make sure your money is available at any given time, a bank savings account would be the best option for you.
Explanation:
Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
A direct marketing channel is a distribution method in which there is no __________.
Answer:
The answer is intermediary
Explanation:
A direct marketing channel is a distribution method in which there is no intermediary.
A major disruption in financial markets characterized by sharp declines in asset prices and firm failures is called a.
A major disruption in financial markets characterized by sharp declines in asset prices and firm failures is called a financial crisis.
A financial crisis occurs when the value of financial assets and instruments drastically declines. As a result, firms struggle to pay their debts, and financial institutions lack the cash or convertible assets needed to fund initiatives and take care of urgent demands.
Falling US housing values and an increase in the number of borrowers unable to make loan payments were the GFC's main causes. Around the middle of 2006, the supply of newly constructed homes in some places grew quickly, and house prices in the United States reached their peak.
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A major disruption in financial markets characterized by sharp declines in asset prices and firm failures is called a financial crisis.
During a financial crisis, asset values endure a sharp decrease in value, firms are unable to pay their loans and financial institutions face a shortage of liquidity. During a panic or bank run, investors sell off their assets or withdraw cash from savings accounts out of fear that their value will decline if they keep them in a financial institution. This is a common feature of the financial crisis.
The deflation of a credit boom, a stock market collapse, a sovereign default or a currency crisis are further circumstances that could be classified as a financial crisis. A financial crisis might only affect certain banks, or it might affect the entire global economy or just one particular economy.
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