Charles Revson, who started Revlon, once said "We sell hope." Revson was defining the (a) core customer value of Revlon cosmetics.
Core customer value refers to the fundamental benefit that a product or service provides to its customers. In the case of Revlon cosmetics, the core customer value is the hope that their products bring to their customers - the hope of looking and feeling beautiful, confident, and empowered.
Revson's statement reflects the company's focus on creating a strong emotional connection with their customers by positioning their products as a means to achieve their desired outcome.
Branding, augmented product, design, and quality level are all important aspects of a product, but they are not the defining factor that Revlon offers to its customers. While branding, design, and quality level contribute to the overall appeal and success of a product, they are not the core benefit that customers are seeking.
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A company
Cam sell its product in two separate markets defined by the following inverse demand functions, p1=10-Q1, P2=20-1.5Q2 the cost associated with productions is given by TC=4+2Q
What prices and quantities should the firm charge and produce in each market
To determine the prices and quantities the firm should charge and produce in each market, we need to use the demand functions and the cost function given.
First, let's find the profit-maximizing quantity for each market. To do this, we need to set the marginal cost (MC) equal to the marginal revenue (MR) for each market.
For market 1, MC=2 and MR=10-Q1. Setting these equal gives us:
2 = 10-Q1
Q1 = 8
For market 2, MC=2 and MR=20-1.5Q2. Setting these equal gives us:
2 = 20-1.5Q2
Q2 = 12
Next, we can use the demand functions to find the corresponding prices for each market.
For market 1, we have:
p1 = 10-Q1
p1 = 10-8
p1 = 2
For market 2, we have:
p2 = 20-1.5Q2
p2 = 20-1.5(12)
p2 = 2
So, the firm should charge a price of $2 in both markets.
Finally, we can calculate the total profit for the firm by plugging in the quantities and prices into the cost function:
TC = 4+2Q1+2Q2
TC = 4+2(8)+2(12)
TC = 44
The total revenue for the firm is:
TR = p1Q1 + p2Q2
TR = 2(8) + 2(12)
TR = 40
Therefore, the total profit for the firm is:
Profit = TR - TC
Profit = 40 - 44
Profit = -4
Since the profit is negative, this means that the firm should not produce and sell in either market.
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which organization, representing 90 percent of the world economy, aims to bring greater stability to the global financial system?
The G-20 organization, which represents 90% of the global economy, seeks to increase the stability of the international financial system.
What do you mean by G-20?⇒ The Group of Twenty, or G20, is an intergovernmental organization made up of the European Union and 19 other nations (EU). It strives to address important global economic concerns like international financial stability, reducing greenhouse gas emissions, and sustainable development. The majority of the world's top economies, both industrialized and developing countries, make up the G20, which represents two-thirds of the world's population, 60% of its land area, and about 80% of global trade.
In 1999, the G20 was established in response to various global economic problems.
Since 2008, it has met at least once year, with summits attended by the heads of state or government of each member, as well as the foreign and finance ministers and other top officials,
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what is one disadvantage of not having a checking account?
Answer:
A disadvantage could be paying the bills in person, having to pay bills AND gas money.
when a union is attempting to organize the employees, management is permitted to:
When a union is attempting to organize employees, management is permitted to provide employees with information about unions, express their own views or opinions, and engage in certain lawful activities.
Management is not allowed to engage in unfair labor practices that could interfere with the employees' rights to organize or form a union.
In the process of union organizing, management has certain rights and limitations under labor laws. They are allowed to provide employees with information about unions, including their benefits, drawbacks, and the process of unionization. Management can express their own views or opinions regarding unions as long as it does not involve coercion, threats, or other unfair tactics to discourage union support.
However, it is important to note that management is prohibited from engaging in unfair labor practices that could interfere with employees' rights to organize. This includes activities such as surveillance, harassment, discrimination, threats, or retaliatory actions against employees involved in union organizing efforts. Such practices are illegal and can be challenged by the union or employees through filing unfair labor practice charges with the appropriate labor relations board or agency.
In summary, while management has certain rights to provide information and express their views during a union organizing campaign, they must do so within the boundaries of the law and refrain from engaging in unfair labor practices that could undermine employees' rights to organize and form a union.
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If the store where you purchased an item cannot or will not help you with a problem,
the next place to turn is to the manufacturer.
TRUE OR FALSE
Answer:
True
Explanation:
Question 3 Aupa Mutumbula qualified as a accounted in June 2014, and 1 July 2014 began a new auditing and accounting work by investing N$20000 in cash and accounting books with a N\$ 4000 fair value that he had used at university. The practice trades under the name Ouatjiri AM Accounted. The following transactions relate to July: 1 Rent the furnished office of accounted who was retiring, paying N\$ 9000 cash for six month rent in advance. Purchased office supplies for cash N\$ 250 Bought the accounting package of the retiring accounted for N$20000, paying N\$ 5000 cash and agreeing to pay the balance within six months. The system has a useful life of ten years after which they will have no value. 5 Completed legal work for a client and immediately collected N\$ 500 in cash for the work done 7 Purchased additional office supplies on credit N\$ 400. 10 Completed accounting work for client on credit N\$ 6000. 15 Paid cleaning service to clean the office for the month N$750 15 Paid for repairs and painting of the office, N$1250 16 Paid the salary of the part-time legal adviser N $3000. 17 Paid for the office supplies purchased on 7 July. 18 Completed accounting service for aq client on credit, N$4000 20 Received payment in full for the accounting work completed on 10 July 22 Completed additional legal work for the same client on credit, NS 3500 . 27 Received payment in full for the accounting service completed on 18 July. 31 Paid the July telephone bill, N\$ 250 Paid the July electricity and water account, N\$ 200.Paid the office secretary salary, N$3000 Recognised rent and depreciation expense and supplies used of N\$ Required a) Arrange the following asset, liability and owners' equity headings on accounting equation worksheet: Bank, Account receivable, Rent paid in advance, Office supplies, Accounting system, Account payable, Capital, Income and Expense's, and show the effects of the transactions on theelements of the equation by recording increase and decrease in the appropriate columns. b) Prepare a statement of profit or loss for Ouatjiri AM Accounted for the period ended 31 July 2014. c) Prepare a statement of financial position for Ouatjiri AM Accounted as at 31 Marc 2014. The accounting equation is Assets=capital +liabilities
A fixed mortgage interest rate remains unchanged throughout the loan term, providing stability in monthly payments. In contrast, a variable mortgage interest rate fluctuates based on market conditions, potentially leading to changes in monthly payments.
A fixed mortgage interest rate remains unchanged throughout the loan term, providing stability in monthly payments. In contrast, a variable mortgage interest rate fluctuates based on market conditions, potentially leading to changes in monthly payments.
A fixed interest rate offers predictability and helps borrowers effectively plan their budget since it remains constant over the loan duration. In contrast, a variable interest rate exposes borrowers to market fluctuations, which can result in varying monthly payments. While variable rates may initially be lower, they come with the risk of increasing over time. Therefore, borrowers should carefully consider their financial situation and risk tolerance when deciding between fixed and variable mortgage interest rates.
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which type of network would be most appropriate for a business that comprised three employees and a manager located in the same office space, whose primary need is to share documents?
A Peer-to-peer type of network would be most appropriate for a business that comprised three employees and a manager located in the same office space, whose primary need is to share documents.
In the field of computers and technology, a peer-to-peer network can be described as a kind of network made among two or more computers by which they can share files and use hardware devices without having to use a separate server.
A business that has three employees that need to use the same files and documents should use a peer-to-peer network as it is the most reliable one to share files and use the same hardware.
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A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Why is flexibility the most obvious benefit of road transportation? (Select all that apply.)
Transportation companies can employ driving teams of two drivers in the same truck to increase haul times and daily mileage.
Trucks can go anywhere that there are roads.
Truck shipments are impervious to weather conditions like fog, ice, heavy rain, and snow.
Transportation companies can set up systems for having a truck driver approaching his or her maximum driving hours take freight to a drop location where a fresh driver can pick it up and continue on with it.
Answer:
Trucks can go anywhere that there are roads.
Explanation:
Road transport is considered flexible due to the extensive road network. Practically, they are roads almost everywhere including, cities, estates, and villages. As long as there is a road, trucks will get there. Road transport will reach almost any destination as long as there is a road. This is the reason road transport is flexible.
In general, which TWO characteristics define a "small" business?
A. Fewer than 1,500 employees
B. Non-profit
C. Between 500 and 2,500 employees
D. Less than $35.5 million revenue
E. No more than $200,000 in sales
Small business includes business privately owned, through partnership or sole proprietorship and has fewer employees and revenue lesser than a regular-sized business.
Examples of Small business are Personal Trainers, Local Auto Repairs, Fair Online Stores, Home care services etc
The major characteristic of small business are
Lower Revenue and Profit Lower EmployeesSmall Market Area Sole or Partnership OwnershipLearn more about small business here
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Answer:
A. Fewer than 1,500 employees
D. Less than $35.5 million revenue
Explanation:
-These characteristics define a small business
(I took a test and got it right, sorry that I don't have a further explanation)
Choose a country / economy of your interest. Write a short essayof 500- 1000 words on the history of exchange rate regimes in thatcountry starting from around 1973. Comment on whether you feel thec
When looking at the history of exchange rate regimes in a particular country, it's important to understand the context of the global economy during that time period. From around 1973, the world saw a shift towards floating exchange rates, which meant that the value of a country's currency was determined by market forces rather than being fixed to another currency or a commodity like gold.
In the case of Japan, the country experienced a period of rapid economic growth from the 1950s to the 1970s, known as the "Japanese economic miracle". During this time, Japan's exchange rate regime was fixed to the US dollar, which helped to maintain the competitiveness of Japanese exports and support economic growth. However, by the early 1970s, the US was experiencing high inflation and a weakening economy, which put pressure on the fixed exchange rate system. In 1971, the US abandoned the gold standard and allowed the dollar to float freely, which led to a revaluation of the yen against the dollar. Japan eventually shifted towards a floating exchange rate regime in 1973, which allowed the value of the yen to be determined by market forces. This helped to make Japan's exports more competitive and support continued economic growth. In the following decades, Japan experienced a number of economic challenges, including a real estate bubble in the late 1980s and a long period of deflation in the 1990s and 2000s. Throughout these challenges, the Japanese government and central bank intervened in the foreign exchange market to manage the value of the yen.
Overall, Japan's history of exchange rate regimes reflects the shifting global economy and the importance of maintaining competitiveness in the export sector. While the country has experienced a range of economic challenges, the flexibility of its exchange rate regime has helped to support growth and stability.
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The ________ approach to performance measurement was introduced as a way to evaluate organizational performance from more than just the financial perspective.
Answer:
c) balanced scorecard
Explanation:
The options for the question we are;
A) market value
B) economic value
C) balanced scorecard
D) financial control
c) balanced scorecard
A balanced scorecard can be regarded as a strategic management performance that is engaged in the improvements as well as identification of internal business functions as well as external outcomes that result from there. It is a tool that helps in returning feedback to an organization. It should be noted that balanced scorecard approach to performance measurement was introduced as a way to evaluate organizational performance from more than just the financial perspective.
The Federal Reserve is worried about rising prices, so it has decided to decrease the money supply. The government wants to encourage economic growth, so it has decided to cut taxes. This situation shows that the Federal Reserve and the government can have _____ goals.
The Federal Reserve has chosen to reduce the amount of money in circulation because it is concerned about growing prices. The administration has chosen to reduce taxes in order to promote economic growth. This instance demonstrates how the objectives of the Federal Reserve and the state can diverge.
What is Economic growth?The rise or improvement in the market value of the commodities and services generated by an economy within a fiscal year is referred to as economic growth. Statisticians typically gauge this growth as a percentage rate of growth in the real GDP, or gross domestic product.
To remove the distorting influence of inflation on the prices of produced items, growth is typically calculated in real terms, i.e., terms adjusted for inflation. National income accounting is used to calculate economic growth. The benefits and downsides of that approach are present since economic growth is calculated as the annual percent change of GDP. Utilizing the GDP to population ratio, it is common practice to compare the economic growth rates of various nations.
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What may happen if your job does not require you to use the aptitudes you possess?
"The key to success is to focus our conscious mind and things we desire not things we fear."
by brian tracy
Answer:
The key to success is to focus our conscious mind on things we desire not things we fear.
Explanation:
its quite amazing
Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
form a correct sentence by unscrambling the following sentence en el espanol hay vocales cinco
Answer:
its option c
Explanation:
just found it the other guy is also correct
Acomputer game that can be purchased online and played right'away has good utility
A. Form
B. Information
C. Value
D. Time
(Weighted average cost ofâ capital) Bane Industries has a capital structure consisting of percent common stock and percent debt. Theâ firm's investment banker has advised the firm that debt issued with a â$ parâ value, percent couponâ (interest paidâ semiannually), and maturing in years can be sold today in the bond market for â$. Common stock of the firm is currently selling for â$ per share. The firm expects to pay a â$ dividend next year. Dividends have grown at the rate of percent per year and are expected to continue to do so for the foreseeable future. What is â Bane's average cost of capital where the firm faces a tax rate of âpercent?
Bane Industries' weighted average cost of capital (WACC) is 3.0%.
To calculate Bane's weighted average cost of capital (WACC), we need to consider the cost of both equity and debt. The cost of equity is calculated using the required return on equity (RoE), which is the expected return on the investment in Bane Industries' common stock. The cost of debt is calculated using the interest rate on the debt, which is the coupon rate of the debt and the firm's tax rate.
Assuming that Bane Industries' debt has a par value of $100 and a coupon rate of 6%, and that the firm's tax rate is 30%, the cost of debt is:
Cost of debt = (6% * 100) / (1 - 0.30)
= 6% / 0.7 = 9%
To calculate the weighted average cost of capital (WACC), we need to multiply the cost of equity by the percentage of common stock and the cost of debt by the percentage of debt. Assuming that Bane Industries' common stock represents 50% of the capital structure and that the debt represents 50%, the WACC is:
WACC = (0.5 * RoE) + (0.5 * (9% * 50%))
= (0.5 * (6% / 2) + 0.5 * (9% * 50%))
= 3.0%
Therefore, Bane Industries' weighted average cost of capital (WACC) is 3.0%.
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income inequality is not a problem if it results from voluntary transactions in the marketplace, according to nozick's entitlement theory.T/F
True, according to Nozick's entitlement theory, income inequality is not a problem if it results from voluntary transactions in the marketplace.
Nozick's entitlement theory argues that individuals have a right to their holdings as long as they have acquired them through voluntary transactions or have been given them by someone who acquired them through voluntary transactions.
This means that as long as individuals acquire their income through voluntary transactions in the marketplace, the resulting income inequality is not a problem because it reflects individual choices and preferences. Nozick believes that attempts to redistribute income through government intervention would violate individual rights and interfere with the free market.
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true/false. a restrictive monetary policy may be frustrated if the investment-demand curve shifts to the left.
True. A restrictive monetary policy may be frustrated if the investment-demand curve shifts to the left.
In this scenario, even if the central bank implements a restrictive monetary policy, which aims to reduce the money supply and increase interest rates to control inflation, it may not effectively reduce investment and aggregate demand. The decrease in investment demand can counteract the intended impact of the monetary policy, leading to limited success in controlling inflation or stimulating economic growth.
The investment-demand curve represents the relationship between interest rates and the demand for investment. When the curve shifts to the left, it suggests that businesses and investors are less willing to borrow and invest at a given interest rate.
This can occur due to various factors, such as a pessimistic economic outlook, increased risk perception, or reduced profitability expectations. In such a situation, even if the central bank tightens monetary policy by raising interest rates or reducing the money supply, it may not have the desired effect on investment and overall aggregate demand.
The decrease in investment demand can dampen economic activity, leading to lower levels of consumption, production, and employment. Therefore, a restrictive monetary policy may face challenges in achieving its intended goals if the investment-demand curve shifts to the left.
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some customer satisfaction studies (e.g. chen et al., 2006) have found that as customer satisfaction was high, so also was what?
Some customer satisfaction studies, such as Chen et al. (2006), have found that as customer satisfaction was high, so also was customer loyalty.
Customer satisfaction is a key metric that measures how satisfied customers are with a product, service, or overall experience. Various studies, including the research conducted by Chen et al. in 2006, have consistently found a positive relationship between customer satisfaction and customer loyalty.
When customer satisfaction is high, it often leads to increased customer loyalty. Satisfied customers are more likely to repurchase products or services from the same company. This loyalty can result in repeat business, long-term customer relationships, and positive word-of-mouth referrals.
The link between customer satisfaction and loyalty can be attributed to several factors. High customer satisfaction indicates that a company has met or exceeded customer expectations, delivering a positive experience and fulfilling their needs.
This positive experience fosters trust, confidence, and emotional attachment to the brand, which in turn encourages customers to remain loyal and continue their patronage. Satisfied customers are less likely to switch to competitors, reducing customer churn and increasing customer lifetime value.
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A survey reveals that on a small island initially 1,000 people have jobs, 250 people are looking for jobs, and 450 people are neither working nor looking for work. Suppose that 150 of the 450 people who weren't looking for work now begin looking for work. There are now 400 people looking for work and 1,000 people working. What happens to the unemployment rate? group of answer choices a. Nothing happens to the unemployment rate, because these people weren't working before and they aren't working now. B. It falls to 20%. C. It rises to 28. 6%. D. It rises to 50%
The correct answer is: C. The unemployment rate rises to 28.6%. The unemployment rate is calculated as the number of people looking for work divided by the number of people in the labor force.
Initially, there were 250 people looking for work out of a labor force of 1,250 (1,000 working + 250 looking). This gives an unemployment rate of 20% (250/1,250).
After 150 of the 450 people who weren't looking for work start looking, the labor force increases to 1,400 (1,000 working + 400 looking). The number of people looking for work is now 400, giving an unemployment rate of 28.6% (400/1,400).
Therefore, the correct answer is C. The unemployment rate rises to 28.6%. It's important to note that the change in the unemployment rate is not due to an increase in the number of unemployed people, but rather to a change in the size of the labor force.
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With time, which one of the following strategies would most likely result in an outward shift in the production possibilities curve of an economy?a. passage of legislation reducing the workweek to 30 hoursb. an increase in the marginal income tax rate, which would reduce the work effort of individualsc. instituting a tax policy encouraging investment at the expense of consumptiond. instituting a tax policy encouraging consumption at the expense of investment
Establishing a tax structure which it encourages investments above consumption.
What is a simple definition of economy?A community's resource allocation is ultimately determined by a collection of connected processes of production and consumption collectively referred to as an economy. The production and consumption of goods and services as a whole satisfy the needs of the people who reside there and conduct business there.
What is economy and its types?A system of production and exchange of products is called an economy. A state will fail if its economy is unsustainable. Market economy, authoritarian, and mixed economies are the three primary types of economies.
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Differentiate between norminal wages and real wages
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
*PLEASE HELP ME!*
Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?
practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework
Answer:
C
Explanation:
Robinson plc have decided that in order to make better investment appraisal decisions they need to re-calculate the company’s cost of capital. The following information is extracted from the company’s statement of financial position (balance sheet):
Fixed assets: 890
Current assets: 370
Current liabilities: (220)
Non-current liabilities:
5% Bonds (£100 par) redeemable in 7 years (160)
4% Irredeemable Bonds (£100 par) (190)
Bank Loan (120)
Share capital and reserves
Ordinary Shares (nominal value 50p) 180
7% Preference shares (£1 nominal value) 100
Reserves 290
Additional information:
The risk-free rate of return on short-dated government bonds is currently 3%. The market risk premium has been estimated at 7% and the company’s beta is 1.5. The company’s ordinary share price is £3 and the preference share price is £0.8. The irredeemable bonds are currently trading at a 5% discount to par value and the redeemable bonds are currently trading at £105. The rate of interest payable on the loan is 8% and the corporation tax rate is 25%
a) Explain the role of the weighted average cost of capital (WACC) in financial decision-making.
b) Calculate the cost of each source of finance used by Robinson plc, including their reserves
c) Discuss why market values rather than book values should be used when calculating the WACC.
d) Calculate the weighted average cost of capital for Robinson plc using market weightings.
e) Using diagrams explain and discuss Miller and Modigliani’s (1963) view of capital structure.
f) Discuss the practical problems that maybe encountered when calculating the WACC.
The weighted average cost of capital (WACC) plays a crucial role in financial decision-making as it represents the required rate of return that a company needs to generate in order to cover its cost of capital.
The cost of each source of finance used by Robinson plc can be calculated by considering the specific characteristics of each source, such as interest rates, market prices, and tax implications. This includes calculating the cost of equity, the cost of preference shares, the cost of debt (including irredeemable bonds, redeemable bonds, and bank loans), and the cost of retained earnings.
Market values should be used when calculating the WACC because they reflect the current market prices and investor perceptions, which are more relevant than historical book values. Market values capture the true economic value of the company's capital structure and represent the opportunity cost of capital from the investors' perspective.
To calculate the weighted average cost of capital, market weightings are applied to each source of finance based on their proportionate contribution to the company's capital structure. This involves weighting the cost of equity, preference shares, and debt by their respective market values and combining them to arrive at the WACC.
Miller and Modigliani's view of capital structure, as explained through diagrams, suggests that in a perfect capital market without taxes or transaction costs, the capital structure of a firm is irrelevant to its market value. They argue that the value of a firm depends solely on the profitability and risk of its underlying assets, and the choice between debt and equity financing does not affect its overall value.
Practical problems that may be encountered when calculating the WACC include determining appropriate market values for assets and liabilities, estimating the cost of equity (taking into account the company's beta and the market risk premium), addressing the impact of taxes and tax shields, and ensuring consistency in the selection and valuation of components.
Additionally, obtaining accurate and up-to-date market data for various financial instruments can pose challenges in practice. The weighted average cost of capital (WACC) is an important financial decision-making metric since it shows the required rate of return that a company must generate to cover its cost of capital.
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what are the disadvantage of credit card
Answer: you don’t see your own money.
Explanation:
Question 3 of 10
Which situation would most likely be covered by long-term disability
insurance?
OA. Elena takes six months off of work after having a second child.
B. Diego takes three months off of work to help care for his aging
father.
C. Omar misses three days of work after having an accident on the
job.
D. Victoria misses work for nine months after suffering a bad injury.
Answer:
The situation that is most likely to be covered by long-term disability insurance is option D, where Victoria misses work for nine months after suffering a bad injury. Long-term disability insurance is designed to provide income replacement for an extended period of time in the event that an individual becomes unable to work due to a serious illness or injury. In this case, Victoria's injury has caused her to miss work for a significant length of time, which would likely qualify her for long-term disability insurance benefits.
Option A, where Elena takes six months off of work after having a second child, would not typically be covered by long-term disability insurance, as this is a planned absence from work and not due to an unexpected illness or injury.
Option B, where Diego takes three months off of work to help care for his aging father, would also not be covered by long-term disability insurance, as this is a personal leave and not due to a disability or injury that prevents him from working.
Option C, where Omar misses three days of work after having an accident on the job, is a short-term absence and would not typically be covered by long-term disability insurance, which is designed to provide coverage for extended periods of time.
When the IPO for the successful Sweet Cookie Company came out, Bud bought 1,000 shares for $5.50 each. His friend eventually bought 500 shares at $8 each. It is most likely that Bud is _____. (Select all that apply.)
ANSWER:
-an investment Banker
-a customer of an investment Banker
The answer is - an investment banker and a customer of an investment Banker.
Therefore, When the IPO for the successful Sweet Cookie Company came out, Bud bought 1,000 shares for $5.50 each. His friend eventually bought 500 shares at $8 each. It is most likely that Bud is - an investment banker and a customer of an investment Banker.
Hence, the correct answers are-
-an investment Banker-a customer of an investment BankerWhat is the simplest definition of investment?An investment is an asset or object purchased with the intent of creating income or appreciation.
The term "appreciation" refers to the growth in the worth of an asset through time. When an individual acquires a thing as an investment, the intention is not to consume the commodity but rather to use it in the future to produce wealth.
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