suppose that 20,000 tickets were sold at $120 for a concert at madison square garden in new york. the event was sold out and some fans could not get tickets. this suggests that
Answers
The high demand for the event and the fact that it sold out quickly indicates that the concert was a highly anticipated and popular event. The limited availability of tickets may have also contributed to the high price point, as people were willing to pay more to secure their spot.
The fact that some fans were unable to obtain tickets highlights the importance of planning ahead and purchasing tickets early for popular events. Additionally, the success of this event may lead to similar events being held in the future, potentially with even higher ticket prices due to the high demand. Overall, the sale of 20,000 tickets at $120 for a concert at Madison Square Garden in New York demonstrates the strong interest and support for this type of event, as well as the potential for significant revenue generation for organizers and performers alike.
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Related Questions
Law of Supply states that, all other factors being equal, as the product price ________ the quantity of the product provided by sellers decreases.
Answers
Of A good or service increases
13. The NPV and payback period What information does the pay back period provide? Suppose Extensive Enterprises's CFO is evaluating a project with the following cash inflows. She does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years. If the project's weighted average cost of capital (WACC) is 7%what is its NPV? , Year Cash Flow Year 1 $325,000 Year 2 $45D,DDD Year 3 $4DD,DDD Year 4 $450,0DD O $430,769 O $352,447 O $391,608 O $332,867 which of the following statements indicate a disadvantage of using the discounted payback period for capital budgeting decisions? Check all that apply The discounted payback period is calculated using net income instead of cash flows. The discounted payback period does nat take the project's entire life into account. The discounted payback period does not take the time value of money into account.
Answers
The net present value (NPV) and payback period are two financial metrics used in capital budgeting decisions.
The payback period provides information about the length of time it takes to recover the initial investment in a project. In this scenario, the CFO of Extensive Enterprises has a payback period of 2.5 years for a project, but she doesn't know the initial cost. The NPV is not directly provided, but it can be calculated using the cash flows and the weighted average cost of capital (WACC).
The payback period is a simple measure that indicates how long it takes to recoup the initial investment in a project based on the cash flows generated. It helps evaluate the liquidity and risk associated with an investment. In the given scenario, the CFO has information about the project's cash inflows for each year but lacks knowledge of the initial cost. Therefore, it is not possible to calculate the NPV directly.
To calculate the NPV, the CFO needs to know the initial cost of the project. The NPV takes into account the time value of money by discounting the future cash flows to their present value using the WACC. By comparing the present value of cash inflows to the initial investment, the NPV provides an estimate of the project's profitability. A positive NPV indicates that the project is expected to generate more value than the cost of capital, making it potentially attractive for investment.
Regarding the disadvantages of using the discounted payback period, the following statements are correct:
1. The discounted payback period is calculated using net income instead of cash flows.
- This statement is incorrect. The discounted payback period is calculated using discounted cash flows, not net income. It considers the time value of money by discounting the cash flows to their present value.
2. The discounted payback period does not take the project's entire life into account.
- This statement is correct. The discounted payback period focuses on the time it takes to recover the initial investment, but it does not consider the project's cash flows beyond that point. It does not provide information about the project's long-term profitability.
3. The discounted payback period does not take the time value of money into account.
- This statement is incorrect. The discounted payback period does consider the time value of money by discounting the cash flows. It provides a measure that accounts for the present value of future cash inflows.
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name the liability under which the private assets minus the private liabilities of a partner are liable to pay the liabilities of the firm
Answers
Answer:
Limited Liability
Explanation:
One of the disadvantages of forming a Partnership is the issue of Limited Liability.
Limited Liability means that Partners are liable for the debts of the company to the extent of their investment in a partnership arrangement.
On December 31, 2020, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $400,000 and $75,000 to common and preferred shareholders, respectively, on December 15, 2021.
On February 28, 2021, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2021, was $2,100,000. The income tax rate is 25%.
Required: Compute Dow's earnings per share for the year ended December 31, 2021. (Do not round intermediate calculations. Enter your answers in thousands. Round "Earnings per share" answer to 2 decimal places.)
Answers
The Dow's earnings per share for the year ended December 31, 2021, is -$10.28.
Given information are as follows:Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $400,000 and $75,000 to common and preferred shareholders, respectively, on December 15, 2021.On February 28, 2021, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2021, was $2,100,000. The income tax rate is 25%.The computation of Dow's earnings per share for the year ended December 31, 2021, is shown below:Cash dividend to common shareholders:Cash dividend to common shareholders = $400,0004% common stock dividend = 4% × 600,000 shares = 24,000 sharesTotal number of common shares outstanding after the stock dividend = 600,000 + 24,000 = 624,000Cash dividend per common share = $400,000 ÷ 624,000 = $0.64
Cash dividend to preferred shareholders:Cash dividend to preferred shareholders = $75,000Earnings available to common shareholders:Net income = $2,100,000Income tax at 25% = 25% × $2,100,000 = $525,000Net income after tax = $2,100,000 - $525,000 = $1,575,000Preferred dividends = 300,000 shares × 8% × $100 = $2,400,000Earnings available to common shareholders = $1,575,000 - $2,400,000 = -$825,000EPS calculation:EPS calculation is given by the following formula:Earnings per share = (Net income - Preferred dividends) ÷ Weighted-average common shares outstanding Weighted-average common shares outstanding = (Common shares outstanding at the beginning of the year × number of days outstanding) + (Common shares issued × number of days outstanding) ÷ 365Common shares outstanding at the beginning of the year = 600,000Days outstanding from January 1, 2021, to February 28, 2021 = 59 days Common shares issued on February 28, 2021 = 60,000Days outstanding from February 28, 2021, to July 1, 2021 = 123 days Common shares outstanding after share retirement = 622,000Days outstanding from July 1, 2021, to December 31, 2021 = 184 days Weighted-average common shares outstanding = (600,000 × 59) + (60,000 × 123) + (622,000 × 184) ÷ 365= 29,340,548/365= 80,219EPS = (-$825,000 ÷ 80,219) × 1000= -$10.28
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Which of the following is one of the main benefits that FDI provides to the home country?Multiple ChoiceThe home country's balance of payments benefits from the inward flow of foreign earnings.FDI benefits the home country by substituting domestic production.FDI increases employment in the home country in the short run.The balance of payments position improves from the initial capital outflow required to finance the FDI.The demand for exports from the home country will reduce in the long run.
Answers
The inflow of foreign earnings helps the home country's payment balance to improve. (A) is the correct answer.
When complete control of the foreign subsidiary is not required, licensing is a good option for entering a foreign market. According to the free market viewpoint, international manufacturing should be divvied up among countries based on comparative advantage theory.
The amount of FDI conducted more than a certain amount of time is referred to as the flow of FDI (normally a year).
In accordance with the eclectic paradigm, location-specific advantages play a significant role in explaining the rationale for and direction of investments from abroad. Greenfield investment entails establishing a new business in a foreign country.
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If you are trying to substantially reduce the amount you spend on food, you should try...
Answers
Answer:
Cooking your own food at home for as many meals as possible
Explanation:
To reduce the amount spent on food, I will make a spending plan or budget plan. It helps to reduce the amount spent on food without sacrificing nutrition.
What is a Budget plan? A budget plan is simply a plan you create to help you meet expenses and spend money the way you want to spend it. A good spending plan can help you stop “spending leaks” in other words, it can keep you from spending money without thinking.The spending plan for food:Make healthy choices (they are cheaper)Buy produce in seasonUse sales and couponsThink frozen, canned, or driedSave on protein foodsWaste not, want notIn this way, I will reduce the amount spent on food.
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What primary risk are business owners taking when selling shares of their companies?
Answers
answer:
giving away a percentage of their company and maybe losing their power as only one leader.
explanation:
this question was already answeredcredits: https://brainly.com/question/1957314Which plan would most likely NOT help you reach the savings needed for college?
Answers
D. Start saving about two months before college begins
The different fabrics preferred by customers
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A large company in the communication and publishing industry has quantified the relationship between the price of one of its products and the demand for this product as Price = 150- 0.01 x Demand for an annual printing of this particular product. The fixed costs per year (i.E., per printing) =$50,000 and the variable cost per unit =$40. What is the maximum profit that can be achieved if the maximum expected demand is 6,000 units per year? What is the unit price at this oint of optimal demand?
Answers
Answer:
a. The maximum profit that can be achieved is $300,000.
b. The unit price at this point of optimal demand is $90.
Explanation:
From the question, we can obtain the following:
x = Maximum expected demand = 6,000 units
Price = 150 - 0.01 x = 150 - (0.01 * 6,000) = 150 - 60 = $90
Fixed cost per year = $50,000
Variable cost per unit = $40
Total variable cost = Variable cost per unit * Maximum expected demand = $40 * 6,000 = $240,000
Total cost = Fixed cost + Total variable cost = $50,000 + $240,000 = $290,000
Revenue = Price * Maximum expected demand = $90 * 6,000 = $540,000
Therefore, we have:
a. What is the maximum profit that can be achieved if the maximum expected demand is 6,000 units per year?
Profit = Revenue - Total cost = $540,000 - $240,000 = $300,000
Therefore, the maximum profit that can be achieved is $300,000.
b. What is the unit price at this point of optimal demand?
As already stated above, the following are given in the question:
x = Maximum expected demand = 6,000
Price = 150 - 0.01 x ........................... (1)
Substitute for x in equation (1), we have:
Price = 150 - (0.01 * 6,000) = 150 - 60 = $90
Therefore, the unit price at this point of optimal demand is $90.
The company, on the other hand, believes the abilities of the students are uniformly distributed on the interval [a,aˉ]. It is known that the company wants to accept the student if and only if θ≥a^. The professor is biased towards her students, and would like the company to accept any student with ability such that a≥a^−b and b is common knowledge. 1. Find the maximum value of b such that the company takes seriously the professor's recommendation, i.e., employs the student when the professor recommends so? In that case, what is the expected quality of a student who is accepted and that of a student who is rejected? 2. What happens when b is above the threshold you found? What is this called in the cheap talk literature? 3. Suppose that the students care only about getting a job with the company. Does the supervisor's bias in favor of her students make things better for them (relative to not being biased)? Compare also with the situation where the professor is biased against her students.
Answers
To answer your questions, let's go through each scenario step by step:
1. Maximum value of b for the company to take the professor's recommendation seriously:
The company wants to accept a student if and only if θ ≥ a^. The professor wants the company to accept any student with ability such that a ≥ a^ - b.
For the company to take the professor's recommendation seriously, the condition a ≥ a^ - b should hold. Rearranging the inequality, we get b ≥ a - a^.
The maximum value of b would be when it is equal to a - a^, which is the threshold for the professor's recommendation to be taken seriously by the company.
Expected quality of accepted and rejected students:
- For accepted students: The expected quality of a student who is accepted is a^, as the company accepts students with θ ≥ a^.
- For rejected students: The expected quality of a student who is rejected is aˉ, as the company does not accept students with θ < a^.
2. When b is above the threshold found:
If b is above the threshold b = a - a^, the company will not take the professor's recommendation seriously. This situation is known as "cheap talk" in the literature, where the professor's recommendation does not significantly influence the company's decision-making process.
3. Impact of supervisor's bias in favor of her students:
If the supervisor is biased in favor of her students, the professor's recommendation can improve the chances of the students being accepted by the company. This bias may provide an advantage to the students, as the company may be more inclined to consider the professor's recommendation.
However, if the professor is biased against her students, the chances of the students being accepted by the company may decrease, as the professor's recommendation may carry less weight or even be ignored.
It's important to note that these conclusions are based on the assumptions and conditions stated in the problem. Different scenarios or additional factors may lead to different outcomes.
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Which of the following is not an example of professional behavior
?
Answers
Write about the ways to maintain a positive body
image.
What I Should Do to Maintain a Positive Body Image
Answers
Answer:
Eat Healthy
Maintain a good diet
Meditate
Practice self confidence
Work out
Stay positive
Have a healthy mental state
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answers
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
What is savings account?
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
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Assessing identified risk is done with respect to what aspects of the project? (Choose 3)
a) Project timing
b) Risk profiles
c) Project cost
d) Project priorities
Answers
Other aspects that may also be considered when assessing identified risks include project scope, resource availability, and project stakeholders. However, so the most appropriate answers would be a) Project timing, b) Risk profiles, and c) Project cost.
The assessment of identified risk is typically done with respect to the following aspects of the project:
a) Project timing: The timing of a project can impact the risk level associated with it. For example, a project that is rushed and has a tight deadline may have a higher risk of errors or delays than a project with a more reasonable timeline.
b) Risk profiles: The risk profiles of different project elements need to be assessed to identify and prioritize potential risks. This includes identifying the probability of occurrence and the potential impact of each risk, as well as the interdependencies between different risks.
c) Project cost: The cost of a project can also be impacted by risks, as unexpected events or delays can increase the cost of a project. Therefore, assessing the potential risks that may impact project cost is an important aspect of risk management.
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Which of the following is a technological trend affecting consumer behavior?
O A. Using mobile devices
B. Having reference groups
O C. Meeting affiliation needs
O D. Evaluating purchases
Answers
Answer:using mobile devices
Explanation:
Channel cooperation, communication, and control is greatest when _____. Select one:
a. selective distribution is used
b. intensive distribution is used
c. manufacturers operate their own retailing facilities
d. exclusive distribution is used
Answers
d. exclusive distribution is used provides the greatest channel cooperation, The best channel collaboration, communication, and control are achieved when exclusive distribution is adopted.
Exclusive distribution maximises channel collaboration, communication, and control. A manufacturer will provide one or a small number of dealers the sole right to sell their products as part of an exclusive distribution strategy. As a result, the cooperation and the dealer have a tight connection that fosters improved collaboration and communication. The producer has greater control over the distribution procedure and may make sure that their products are offered in a way that is consistent with their objectives. Due to the manufacturer's ability to carefully supervise the distribution process, exclusive distribution can also result in improved product quality and more stable pricing. As a result, the distribution system becomes more effective and efficient, with improved coordination, communication, and control.
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When information systems result in less efficient and less effective communication among employees, and less productive uses of employee time than before the systems were implemented, this is known as __________.
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When information systems result less efficient and effective communication among employees, and less productive uses of employee time than before the systems were implemented, called as the productivity paradox.
The slowdown in productivity growth in the United States and other advanced economies over the 2000s and 2020s is sometimes referred to as the slowdown in productivity, the productivity conundrum, or Solow's paradox. It can also refer to the slowdown in productivity growth despite the rapid development of information technology (IT) in the United States in the 1970s and 1980s. 2.0
The productivity conundrum of the 1970s and 1980s prompted much investigation into the causes of the slowdown, but the paradox disappeared in his 1990s, when productivity growth revived in the industrialized world. However, the concerns raised in these studies remain relevant when looking at overall productivity growth, and have become more relevant as productivity growth slows again from the 2000s to the present. .
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A note card company has found that the marginal cost per card of producing x note cards is given by the function below, C′(x)=−0.03x+84;x≤1000
where C'(x) is the marginal cost, in cents, per card. Find the total cost of producing 740 cards, disregarding any fixed costs.
Answers
To find the total cost of producing 740 note cards, we need to integrate the marginal cost function C'(x) with respect to x over the desired range.
Given the marginal cost function C'(x) = -0.03x + 84, where x ≤ 1000, we can integrate it to find the total cost function C(x):
C(x) = ∫(-0.03x + 84) dx
Integrating, we get:
C(x) = -0.015x^2 + 84x + C
Now, to find the total cost of producing 740 cards, we evaluate the total cost function C(x) at x = 740:
C(740) = -0.015(740)^2 + 84(740) + C
Since we are disregarding any fixed costs, the constant term C does not affect the cost of producing 740 cards. Therefore, we can ignore it in this context.
C(740) = -0.015(740)^2 + 84(740)
Simplifying the equation:
C(740) = -0.015(547600) + 62360
C(740) = -8214 + 62360
C(740) = 54146
The total cost of producing 740 note cards, disregarding any fixed costs, is 54,146 cents.
Note: It's worth noting that the cost is given in cents, so you may convert it to dollars if needed by dividing by 100.
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answers
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
why would the community benefit from businesses acting ethically
Answers
Answer:
because community have a lot nice nickname in it . we have a clean nice community
What insights gained from a SWOT analysis would lead McDonald's to consider developing healthier food items for its menu?
Answers
A SWOT analysis may reveal weaknesses and threats related to the perception of McDonald's as a fast-food chain that offers unhealthy food options and highlight opportunities to attract health-conscious consumers.
A SWOT analysis is a strategic planning tool used to identify a company's strengths, weaknesses, opportunities, and threats. In the case of McDonald's, a SWOT analysis could identify several insights that may lead the company to consider developing healthier food items for its menu. These insights include:
Weaknesses: One of the weaknesses that McDonald's may identify in a SWOT analysis is its reputation for offering unhealthy food options. This perception may be a turn-off for health-conscious consumers who are looking for healthier food choices. As a result, McDonald's may consider developing healthier menu items to address this weakness.Threats: Another insight that may lead McDonald's to consider developing healthier food items is the threat of increasing health consciousness among consumers. As more people become aware of the health risks associated with consuming unhealthy food, they may seek out healthier alternatives. To stay competitive in this changing landscape, McDonald's may need to offer healthier options.Opportunities: The increasing demand for healthier food options may also be viewed as an opportunity for McDonald's. By developing healthier menu items, the company can attract health-conscious consumers and potentially expand its customer base.Strengths: McDonald's has a strong brand name and a large customer base. By leveraging these strengths, the company can introduce healthier menu items and promote them effectively to its existing customers. This could help the company to maintain its market share and attract new customers who are looking for healthier food options.In summary, a SWOT analysis may reveal weaknesses and threats related to the perception of McDonald's as a fast-food chain that offers unhealthy food options. It may also highlight opportunities to attract health-conscious consumers and leverage the company's strengths to promote healthier menu items. These insights could lead McDonald's to consider developing healthier food items for its menu.
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8. Discuss the risks a business faces when attempting to increase the profit margin of
a commodity
Answers
Answer:
There are major risks when a company attempts to increase the profit margin of a commodity, first if you buy from a cheaper vendor the quality of your commodity will drop affecting the number you sell on average, But if you raise the costs too much then there is the possibility people would be deterred by the cost.
If you increase the costs too much then there is the possibility people would be demoralized by the cost.
What a is the Margin of Commodity?
There are significant risks when a company endeavors to increase the profit margin of a commodity,
foremost, if you buy from a more affordable vendor the quality of your commodity will decline affecting the numeral you sell on average,
So, Therefore, if you raise the costs too much then there is the possibility people would be discouraged by the cost.
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what is IAAS define?
with example.
Answers
Answer:
IAAS is a cloud computing service model by means of which computing resources are hosted in a public, private or hybrid cloud.
Explanation:
The full form of IAAS is Infrastructure As A Service.
Answer:
AAS is a cloud computing service model by means of which computing resources are hosted in a public, private or hybrid cloud.
Explanation:
1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $390 a week. What is the average wage paid?
Answers
solution :
sum of dollar =200+220+280+300+310+320+330+
350+390
Now,
average =total sum of all dollar
total sum of worker
=2370
9
=263.333#
A monopoly faces the demand curve P= 11 -0.5Q, where P is measured in dollars per unit and Q in thousands of units. The monopolist has a constant average cost of $6.00 per unit. Draw the average and marginal revenue curves and the average and marginal cost curves. 1.) Using the line drawing tool, draw the average revenue curve and label it 'AR'. $/Q 2.) Using the line drawing tool, draw the marginal revenue curve and label it 'MR'. 3.) Using the line drawing tool, draw the average cost curve and label it 'AC'. 4.) Using the line drawing tool, draw the marginal cost curve and label it 'MC'. Carefully follow the instructions above, and only draw the required objects. What are the monopolist's profit-maximizing price and quantity? U246 10 12 14 16 18 20 22 24 26 Quantity (thousands) The monopoly's profit-maximizing quantity is $ decimal places.) thousand units.
Answers
Average Revenue curve (AR) is represented in the following graph.
Marginal Revenue (MR) curve is shown in the following graph.
The Average Cost (AC) curve is shown in the following graph.
The Marginal Cost (MC) curve is shown in the following graph.
What are the monopolist's profit-maximizing price and quantity? To find the monopolist's profit-maximizing price and quantity, we have to calculate the following steps:
Step 1: Calculate the marginal revenue. We know that the price of the monopolist is P= 11 -0.5Q, where P is measured in dollars per unit and Q in thousands of units, so the total revenue is given by TR = P × Q= (11 - 0.5Q)Q= 11Q - 0.5Q² The marginal revenue is the derivative of TR with respect to Q: MR = d(TR)/d(Q)= 11 - Q
Step 2: Calculate the monopolist's profit-maximizing quantity.To find the monopolist's profit-maximizing quantity, we need to set the marginal revenue equal to the marginal cost: MR = MC= 6 + 0.02QWe substitute the value of MR in the above equation and solve for Q. 11 - Q = 6 + 0.02Q ⇒ Q = 500
Step 3: Calculate the monopolist's profit-maximizing price. To find the monopolist's profit-maximizing price, we substitute the value of Q in the demand function:
P = 11 - 0.5Q= 11 - 0.5 × 500= 11 - 250= $7.00
The monopolist's profit-maximizing quantity is 500 thousand units, and the profit-maximizing price is $7.00.
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Candace bought a laptop for $475 dollar. She then decided to ell the laptop for $985. What markup rate did Candace ue to calculate the ale price of her laptop? Write your anwer a a percentage rounded to the nearet whole number
Answers
It should be noted that she increased the price by 875 and utilized a markup rate of 0.37 percent.
Laptop for $475 and ultimately chose to sell it for $985.
Thus, 20% of x = 475
Equals 0.22x = 475.
Divide x = 475*0.22
x to get 985.
The proportion is therefore rounded to the nearest full number, which is 0.37%.
The percentage of receivables and the percentage of sales are the two bases for assessing uncollectible accounts. Examples of accounts that are impossible to collect include receivables, loans, and any payment that the debtor decides not to repay. As a result of the debtor's bankruptcy or insolvency, accounts become uncollectible.
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Why is engaging communication a two-way process?
Why are words alone not enough to communicate effectively?
Answers
Answer:
Explanation:
You need 2 people to have a conversation, not just words. You can’t just be in and empty room and just talk. You need someone else to talk to you.
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answers
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
Which of the following is a method of accessing the money in your checking account?
Answers
Paying for goods with a debit card at the register method of accessing the money in your checking account.
To access their money, they can use ATMs, checks, or electronic debit or credit cards linked to their accounts. Don't worry, you have a lot of simple options to choose from. Use an ATM. If your bank account is connected to a debit card or ATM (Automated Teller Machine) card, you can withdraw cash there. Write a check for cash, make a cash withdrawal slip, and connect your account to a peer-to-peer payment service. When a debit is made, money is taken out of your bank account. Due to the fact that a credit adds money to your account, it is the opposite of a debit. Your account is debited frequently.
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