On June 30, 2020, Wisconsin, Inc., issued $315,450 in debt and 18,100 new shares of its $10 par value stock to Badger Company
Answers
Given Information:On June 30, 2020, Wisconsin, Inc., issued $315,450 in debt and 18,100 new shares of its $10 par value stock to Badger Company. Badger Company paid $17.42 per share to buy the 18,100 new shares of Wisconsin Inc.'s $10 par value stock.
Assuming that the company, Wisconsin Inc., has a par value of $10 per share, and the Badger Company has purchased 18,100 new shares of Wisconsin Inc.'s $10 par value stock, the purchase price of the stock can be calculated as follows:Purchase price of 18,100 new shares = $315,450 (the amount of debt issued)Badger Company is an external user of the financial statements and is interested in the company's investments.
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Related Questions
What research will help prepare you before you apply for a job?
Informational interviews on the position and background research on the
company.
Research on the subjects you need to study.
Interviewing friends and family to know if the position is a good fit for you.
Researching the salary for that job.
Answers
Answer:
Informational interviews on the position and background research on the
company.
Explanation:
A job interview helps select a suitable person to fill in the vacant position. The interviewer will ask questions to gauge the candidate's understanding of that position. Research on the positions will give a candidate confidence and content when responding to questions.
Research on the company provides background understanding, which helps them relate the job requirements and the company. This information will help convince interviewers of one suitability on the job. A candidate appears knowledgeable and familiar with what is expected of them.
which one of the following is not generally a determinant of the reorder point? a. rate of demand b. length of lead time c. lead time variability d. stockout risk e. item purchase cost
Answers
Item purchase cost Is not generally a determinant of the reorder point. Option E
What is the Item purchase cost?Generally, The term "Purchase Cost" refers to the entire amount paid for the item(s) or service(s) ordered, which includes all applicable taxes, shipping expenses, and other fees, as well as any potential additional charges.
Delivering inventory in its present position and value results in the acquisition of buy expenses, which include both the value of the transaction and the overhead expenditures associated with it. 1 Money spent on purchases and money spent on travel and food 1
Calculating the purchase price is as simple as multiplying the "unit cost" by the "number of units." To put it another way, there are no bulk discounts available. In addition, the per-unit price stays the same during the course of the year. Order Cost is a kind of fixed overhead cost, and it does not change during the course of the year.
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At year-end, Big Homes had paid $13,400 in rebates and was liable for an additional $8,200 in rebates to buyers. What amount of the rebates, if any, can Big Homes deduct this year
Answers
The amount of rebates that Big Homes can deduct this year is $21,600.
To determine the amount of rebates that Big Homes can deduct this year, we need to consider both the paid and the outstanding liabilities. It is given that at year-end, Big Homes had paid $13,400 in rebates and was liable for an additional $8,200 in rebates to buyers. Hence,
1: Identify the paid rebates amount.
Big Homes paid $13,400 in rebates.
2: Identify the outstanding rebates amount.
Big Homes has an additional $8,200 in outstanding rebates.
3: Add both the paid and outstanding amounts together.
$13,400 (paid) + $8,200 (outstanding) = $21,600
Hence, the amount of rebates Big Homes can deduct this year is $21,600.
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The following is a list of target audience examples. Your task is to identify what the bases for segmentation is in each example. Is the segmentation effort Geographic, Behavioral, Demographic, or Psychographic? There could be more than one correct answer. List the letter(s) for each situation below:A = GeographicB = BehavioralC = DemographicD = Psychographic1)A bank that markets home loans to young married people and financial planning services to retired people2)A mobile phone company that targets people who frequently vacation in remote parts of the world3)A gourmet cheese company that targets people buying cheese platters for a dinner party or function4)Computer software firm that is most interested in households with a high level of software purchases5)Prestige car manufacturers who highlight the status associated with owning one of their vehicles6)Smart phone manufacturers targeting those consumers who are interested in purchasing their first smart phone in the future 7)A plumber deciding to do letterbox drops his local area8)A book publisher that specializes in children's books9)A home-delivered spring water company advertising in a "health" magazine10)A travel package tour operator targeting retired people who want educational travel experiences
Answers
1) Segmentation: C (Demographic). 2. Segmentation: A (Geographic), B (Behavioral). 3. Segmentation: B (Behavioral).
1) A bank that markets home loans to young married people and financial planning services to retired people
- Segmentation: C (Demographic)
2) A mobile phone company that targets people who frequently vacation in remote parts of the world
- Segmentation: A (Geographic), B (Behavioral)
3) A gourmet cheese company that targets people buying cheese platters for a dinner party or function
- Segmentation: B (Behavioral)
4) Computer software firm that is most interested in households with a high level of software purchases
- Segmentation: B (Behavioral)
5) Prestige car manufacturers who highlight the status associated with owning one of their vehicles
- Segmentation: D (Psychographic)
6) Smart phone manufacturers targeting those consumers who are interested in purchasing their first smart phone in the future
- Segmentation: B (Behavioral)
7) A plumber deciding to do letterbox drops in his local area
- Segmentation: A (Geographic)
8) A book publisher that specializes in children's books
- Segmentation: C (Demographic)
9) A home-delivered spring water company advertising in a "health" magazine
- Segmentation: D (Psychographic)
10) A travel package tour operator targeting retired people who want educational travel experiences
- Segmentation: C (Demographic), B (Behavioral)
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Which of the following is a standard that defines how accountants record
financial transactions?
O A. generally accepted accounting principles
OB. government allowed accounting practices
OC. government applied accounting practices
O D. general accounting and auditing procedures
Answers
Generally accepted accounting principles.
What is a financial transaction?
An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction.
A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB). When their accountants put together a public company's financial statements, they must adhere to GAAP in the United States.
Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard.
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What do disability insurance and life insurance have in common?
A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.
Answers
Answer:
C. Both cover an unexpected loss of income.
Explanation:
Disability Insurance protects against loss of income due to the inability to ask, resulting from injuries. This insurance policy compensates the insured for lost income due to incapacitation.
Life insurance offers protection against loss of income should the insured die. Life insurance pays the insured beneficiaries a specified sum of money as stipulated in the insurance contract. It is an assurance the insured's family will be compensated for the loss of income occasioned by their death.
What are some benefits and consequences to shared decision-making?
Answers
Answer:
Shared decision making has been shown to result in treatment plans that better reflect patients' goals; increase patient and physician satisfaction; improve patient-physician communication; have a positive effect on outcomes; and, sometimes reduce costs.
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answers
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
What program would be likely to help a person prepare for teacher certification?
O a master's degree in Psychology
O a bachelor's degree in Education
O a one-year technical school certificate
O an associate degree from a community college
Answers
Answer: The answer is a bachelor’s degree in Education.
Explanation:
To help a person prepare for teacher certification is likely program is a bachelor's degree in Education.
A Bachelor of Education (B. Ed.) is a professional undergraduate degree that qualifies graduates to work as teachers in educational institutions.
In other nations, like Tanzania and Kenya, the student must do additional activities like fieldwork and research in order to be completely qualified to teach.
Tests for the licenses or certificates necessary for instructors in some places may also be administered concurrently with or after it.
Therefore, the correct option is "a bachelor's degree in Education".
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Click this link to view O*NET’s Work Context section for Chefs and Head Cooks.
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom.
According to O*NET, what are common work contexts for Chefs and Head Cooks? Check all that apply.
A. spend time keeping or regaining balance
B. importance of being exact or accurate
C. exposed to high places
D. spend time standing
E. responsibility for outcomes and results
F. responsible for others’ health and safety
Answers
Answer:
✅importance of being exact or accurate,✅spend time standing,✅responsibility for outcomes and results,✅responsible for others’ health and safety
I hope this helps!
Answer:
2. importance of being exact or accurate
4. spend time standing
5. responsibility for outcomes and results
6. responsible for others’ health and safety
Explanation:
Mark 1.00 out of 1.00
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Question text
The management accountant at Light Manufacturing oversees the company's day-to-day operations at the firm. The management accountant observed that the company generated $800,000 in product sales and the management accountant uses that information to run the daily business operations. The information is also to the management accountant because the data reveals which products generate the most sales; and, the management accountant uses that information to adjust products and develop the marketing strategy.
Which of the following management accounting responsibilities is the management accountant using in this example?
a)designing
b)controlling
c)planning
d)implementing
e)directing
Answers
Answer:
e
Explanation:
For all sport and entertainment organizations, ______________ financing may include land use, tax abatements, direct facility financing, and infrastructure improvements
Answers
For all sport and entertainment organizations, public financing may include land use, tax abatements, direct facility financing, and infrastructure improvements.
Public financing refers to the financial support provided by the government or public entities to sport and entertainment organizations.
It encompasses various forms of assistance, such as land use agreements that allow organizations to utilize public land for their facilities, tax abatements that reduce or eliminate certain tax obligations, direct financing options that involve government loans or grants for facility development, and infrastructure improvements that are funded by public resources to enhance transportation or other necessary infrastructure related to the organization's operations. Public financing plays a significant role in supporting the growth and development of sport and entertainment organizations by providing financial resources and incentives that contribute to their success.
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ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work
Answers
The probability weighted average of the interest rate future values at the end of each of the three periods is used to determine this, and the future values are then discounted back to the present using the interest rate.
The tree is built using the current stock price and a simulation of the up and down movements over the course of the three periods using the provided probability and percentage changes.
Each end node's option value is determined before being processed back up the tree to the starting node. The starting node's computation serves as the end option value.
The stock's annual payout range is $27 - $17 = $10.
If the stock price is $27 when the option expires, its value will be =$27-$22 =$5.
If the stock price is $17, the option will also have no value.
The stock option has a payment range of $5 and $0;0 = $5.
To determine the amount of stock shares, balance the range:
$5/10 = 0.5 Option range/Stock range
The stock option payoff for 0.5 shares will be either $13.5 or $8.5. The payout for the portfolio and options will be $13.5- $5, which equals $8.5, or $8.5 $0; 0 = $8.5.
PV = $8.5/ (1+) is the present value of $8.5 at the daily compounding risk-free rate.
Complete question:
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work?
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Kaylin works in the Manufacturing career cluster. The daily tasks of her career involve looking at ways that her company is at risk for causing problems to the health of its workers. She also analyzes those problems and comes up with solutions to implement.
What job does Kaylin most likely have?
Occupational Health and Safety Specialist
Environmental Science and Protection Technician
Quality Control Analyst
Product Safety Engineer
Answers
Answer:
A-Occupational Health and Safety Specialist
Explanation:
Occupational Health and Safety Specialist. Hence, option A is appropriate.
What is the meaning of Health?A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.
Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.
Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.
The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.
Hence, option A is correct.
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White says, “Millions of boomers did not land here because of too many trips to Starbucks.” Explain this statement. What conditions led to boomers ending up in with financial issues?
Answers
Answer:
They dealt with decades of flat and falling wages, disappearing pensions, and high costs on housing, education, and health-care.
Explanation:
Bill Broker prints an office policy that says he requires a security deposit of "$350 for whites and $500 for blacks" in his area, since he has records to prove that "blacks have weaker financial qualifications." Is this an acceptable policy?
Answers
Answer:
No. It is discrimination to set different deposits on the basis of race
Explanation:
Discrimination is the act of making distinction between people on the basis of race, group, or class to which they are perceived to belong.
It is unfair and prejudicial treatment of people who share a certain trait.
Examples of such traits are race, age, sexual orientation, and gender.
In the given instance Broker requires a security deposit of "$350 for whites and $500 for blacks".
This is discrimination on racial grounds
Who decides the business ethics for a company?
Answers
Answer:
Four groups of people are generally responsible for the success of a business:Employees,customers,the community and shareholders.
Explanation:
ethical companies need to balance their responsibilities to these groups, especially when they have conflict
Assuming semiannual compounding, what is the price of a zero coupon bond with 12 years to maturity paying $1,000 at maturity if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Price of the Bond a. 3 percent $ b. 7 percent $ c. 11 percent $
Answers
The cost of the bond is $11 percent. Bonds with zero coupon rates are those that bear no interest over their entire lifespan.
What does the term "zero-coupon bond" mean?Bonds with zero coupon rates are those that bear no interest over their entire lifespan. As an alternative, investors purchase zero coupon bonds at a significant discount to their face value, which is the sum they will be paid when the bond "matures" or becomes due.The formula for determining a bond's present value with no coupons is shown below. Price = M / (1 + r)n, where M is the date of maturity. n = Number of Years Until Maturity, where r is the interest rate. If an investor wants to earn 4% on a bond with a par value of $10,000 that will mature in two years, he will be willing to pay: $10,000 /.Explanation:
Price = M / (1 + r)n
= 12/(1 + 1000)12
= 12(83.21)
The cost of the bond is $11 percent.
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In the résumé above, what would cause appearance of the "00000000000"?
Answers
The “ 00000000000” on the résumé could be an error, but I believe that it means that they do not have any experience and/or objectives.
(Edit): Hi! I just completed my test and I got a 100 by using this
The resumes were scanned, and the formatting changed the way they looked when they were converted to text. Under "Objective" in this instance, there was an underlining that changed to "000000000000."
What is Formatting ?
The presentation or appearance of your essay is referred to as formatting. Layout is another term for formatting. Headings, regular paragraphs, quotations, and bibliographic references are the four text types that the majority of essays use. Both endnotes and footnotes are acceptable.
If the paper is double or single spaced, where the page numbers are placed, and whether a cover page is included or not are examples of formatting. Different formatting conventions call for different sets of rules.
By dividing information into sections and giving them headings, emphasizing essential phrases or concepts using bold, italics, or lists, and generating a strong first impression, formatting also increases the reader's accessibility to the content (professional look and feel, appropriate font choice for the document type).
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When the business cycle or economic activity is declining, the economy is said to be in....?
A
the trough
B
contraction
C
expansion
D
recovery
Answers
contraction is to decline the answer is B
A deferred perpetuity-due begins payments at time n with annual payments of $2500 per year. If the present value of this perpetuity-due is equal to $18234.07 and the effective rate of interest i=0.08, find n.
Answers
The value of n is approximately 15. To find the value of n, we can use the formula for the present value of a perpetuity-due: PV = C / i * (1 - (1 + i)^(-n))
To find the value of n, we can use the formula for the present value of a perpetuity-due:
PV = C / i * (1 - (1 + i)^(-n))
Where:
PV = Present Value
C = Annual Payment
i = Effective interest rate
n = Number of periods
In this case, we are given:
PV = $18234.07
C = $2500
i = 0.08
Substituting these values into the formula, we can solve for n:
$18234.07 = $2500 / 0.08 * (1 - (1 + 0.08)^(-n))
Simplifying further:
1 - (1.08)^(-n) = 0.729636428
Now, we can solve for n by taking the logarithm of both sides:
log(1 - (1.08)^(-n)) = log(0.729636428)
Using a calculator or software, we find:
n ≈ 14.9986
Since n represents the number of periods, we can round it up to the nearest whole number:
n ≈ 15
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the basic rules governing how a corporation is organized and how it conducts its business are known as .
Answers
The basic rules governing how a corporation is organized and how it conducts its business are known as corporate bylaws.
These bylaws outline the structure and governance of the corporation, including the roles and responsibilities of the board of directors, officers, and shareholders.
They also define the procedures for holding meetings, voting on important decisions, and managing the company's finances. Corporate bylaws are essential for maintaining order and accountability within a corporation, and they are often required by state law.
Therefore, they provide a clear framework for decision-making and help to ensure that the corporation operates in compliance with legal and ethical standards.
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Please help............
Answers
Identify the difference between liquidity and marketability.
Answers
Answer:
Marketability describes an attribute of an investment that means it can be sold at any time. Liquidity describes an attribute of an investment that means it can be sold at any time close to the value of the original investment.
Explanation:
Answer:
Marketability: The likelihood that something will sell; market appeal.
The house has high marketability.
Liquidity: (uncountable) The state or property of being liquid.
(economics, countable) An asset's property of being able to be sold without affecting its value; the degree to which it can be easily converted into cash.
What is the difference between marginal cost and marginal revenue?
a) Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good.
b) Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.
c) Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit.
d) Marginal cost is the money a producer actually makes from one more unit. Marginal revenue is the money a producer might make from one more unit.
Answers
Coronado Industries uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $385,200 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,870. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,870, prepare the adjusting journal entry for bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) Enter an account title Enter a debit amount Enter a credit amount Enter an account title Enter a debit amount Enter a credit amount (b)
Answers
Answer:
A. Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
B. Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
Explanation:
(a) Prepararion of the adjusting journal entry to record bad debt expense for the year.
Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
[(3%*$385,200)-$2,870]
(Being to record bad debt expense)
B.Preparation of the adjusting journal entry for bad debt expense
Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
[(3%*$385,200)+$887]
(Being to record bad debt expense)
Jeremy feels it is important to include a department head from each area of the company in the decision to purchase an additional warehouse. What type of team does Jeremy want to form?
Answers
Jeremy wants to form a cross-functional team. This type of team consists of individuals from different functional areas or departments within a company who work together to solve a problem or complete a project.
A cross-functional team is a group of individuals from different functional areas or departments within a company who come together to work on a specific project or solve a problem. In this case, Jeremy wants to include a department head from each area of the company in the decision to purchase an additional warehouse, which suggests that he wants to form a team that has representation from different functional areas of the company. By including individuals with different areas of expertise and perspectives, cross-functional teams can bring a diversity of ideas and knowledge to a project, resulting in more creative and effective solutions.
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what is the three-step process used to project financial statements?
Answers
The three-step process used to project financial statements is as follows:
Determine the underlying assumptionsMake the projectionsReview and revise the projectionsWe proceed to analyze the three steps for projecting financial statements:
Determine the underlying assumptions: The first step in the projection process is to determine the underlying assumptions that will be used to make the projections. These assumptions could include things like expected revenue growth, expected changes in expenses, and expected changes in the business environment.Make the projections: The second step is to use the underlying assumptions to make the projections for the financial statements. This typically involves using historical financial data and applying the assumptions to make projections for the future.Review and revise the projections: The final step is to review the projections and make any necessary revisions. This could involve revising the underlying assumptions or making changes to the projections based on new information or changes in the business environment.See more about financial statements at https://brainly.com/question/26240841.
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What is the relationship between risk of material misstatement and detection risk?
Answers
The relationship between the risk of Material misstatements and detection risk is inverse. Material misstatements may arise due to fraud or mistake, and detection risk is the risk that an auditor's procedures will not reveal such misstatements.
As the risk of material misstatement increases, the detection risk decreases. As the risk of material misstatement declines, the detection risk increases.The concept of risk assessment is used to assess risk. Risk assessment is a procedure used to evaluate the risks of financial statement errors and plan the scope of the audit. The procedure involves the following steps:
Understand the company's business environment, controls, and risks. Assess the risk of material misstatement (RMM).Assess detection risk (DR).Create an audit plan that is tailored to the assessed risks. Detection risk is inversely linked to the risk of material misstatement. This indicates that as detection risk increases, the risk of material misstatement decreases, and vice versa. Detection risk may be regulated by an auditor in order to meet the required level of audit assurance.
A low level of detection risk is appropriate for high RMM audits. As a result, audit procedures will be more thorough, and the auditor will spend more time verifying the financial statements to ensure that any misstatements are detected.
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When the boy tells the merchant that he is going to be leaving to return to his country to buy sheep, he asks for the merchant's blessing. What does the merchant say about the boy's
Answers
In the story “The Alchemist,” when the boy tells the merchant that he is going to be leaving to return to his country to buy sheep, he asks for the merchant's blessing. The merchant tells the boy that he doesn't need his blessing. However, he wishes him good luck and says, "I hope that you will return with good news.
The Alchemist is a novel written by Paulo Coelho. The story revolves around the journey of a young shepherd boy named Santiago who desires to find his personal legend and fulfill his dreams. As he sets out on his journey, he meets different people and faces various challenges. These experiences teach him important life lessons that help him in his quest for his personal legend.
The merchant is one of the characters the boy meets on his journey. The boy sells wool to the merchant and works for him for a year. During this time, the boy learns a lot from the merchant about business and other things. When the boy tells the merchant that he is going back to his country to buy sheep, he asks for the merchant's blessing.
However, the merchant says that he doesn't need his blessing. Instead, he wishes him good luck and says, "I hope that you will return with good news."The merchant's response to the boy's request for his blessing shows that he trusts the boy and believes in him. It also shows that he respects the boy's decision and wishes him well on his journey.
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