Option B (4275) is the correct answer.
Equilibrium GDP in this economy is 4275
The savings function is given by:
S = -500 + 0.25(Y - T)
The equilibrium GDP is the value of Y that satisfies both the expenditure function and the savings function.
Given: C + I + G = 400 + 2000 + 1000
= 3400T
= 300G
= 1000
Plugging these values into the expenditure function, we get:
Y = C + I + G + NX
= 3400 + 0.2Y - 200(Y - T)/Y
We can simplify this equation as follows:
Y = 3400 + 0.2Y - 200(Y - 300)/Y
=> Y = 4275
Now that we have Y, we can plug this value into the savings function to confirm that it is satisfied:
S = -500 + 0.25(Y - T)
=> S = -500 + 0.25(4275 - 300)
= 720
The equilibrium GDP in this economy is therefore 4275.
Therefore, option B (4275) is the correct answer.
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Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.
Answer:
D.
Explanation:
They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.
McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied
HELP FAST! What is the correct answer?!?!
External Opportunities and Threats: After considering the following internal components (controlling, planning, leading, and organizing), concentrate on the challenges inherent in the external environment. If these threats represent the primary concerns confronting the organization, then focus much of the SWOT analysis on this section. If not, a brief discussion with a "positive" evaluation is appropriate here. At a minimum, incorporate the following concepts:
"Porter's Five Forces Model" include (ALL):
-Bargaining power of suppliers
-Risk of entry by potential competitors
-Bargaining power of buyers
-Threat of substitutes
-Intensity of rivalry among competitive firms
External Opportunities and Threats can be evaluated by analyzing the environment in which the organization operates. To analyze the threats in the external environment, we use the SWOT analysis technique. One of the important factors that influence the external environment is Porter's Five Forces Model.
Porter's Five Forces Model includes the following five forces:-Bargaining power of suppliers-Risk of entry by potential competitors-Bargaining power of buyers-Threat of substitutes-Intensity of rivalry among competitive firmsBargaining power of suppliers: In this section, the company should be careful about supplier concentration, switching costs, and backward integration.
Supplier concentration refers to the fact that the company's suppliers have a significant impact on the company's supply chain. If there are few suppliers in the market, it gives the supplier more power to control prices and other terms of the contract.Risk of entry by potential competitors: A high entry barrier discourages new players from entering the market.
which of these is not a risk strategy that is used specifically for dealing with opportunities? a. mitigate opportunity b. enhance opportunity c. exploit opport..
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If someone gets their health insurance through Medicaid, that means what
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
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Venture Philanthropy Partners focuses on helping youth and children from low-income families in the Washington, D.C., area. What type of fund is this
The work of Venture Philanthropy Partners in focusing on low-income families would make it a Community Fund
A Community Fund:
Focuses on helping a certain need in the society Is usually targeted at the less well off in societyVenture Philanthropy Partners is targeting youth and children that come from lower income families which means that they are targeting the needs of the less well off.
We can therefore conclude that this is a community fund.
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Which of the following refers to the balance an account is always supposed to have?
Normal balance
Debits
Credits
Double-entry system
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.
In the CPI market basket, the category which has the largest weight is A. food and beverages. B. transportation. C. medical care. D. housing.
The range of products and services that make up the market basket used to calculate the Consumer Price Index (CPI) are often bought by consumers.
The market basket strategy is what?In retail, a market basket analysis is frequently employed. Based on the premise that most purchases are made on impulse, the study aims to foretell what a client may have bought had the thought ever crossed their mind.
Why do people use baskets?There are many uses for baskets, including gathering and storing food, furnishing, clothing, and ceremonial functions. Important creative knowledge and cultural traditions can be passed down through basketry.
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On November 19 Nicholson Company receives a 519 600,60 day to note from a customer to replace an account receivable Wiat adjusting entry should be made by Nicholson on the center and 360 days year Me Choice Recovable 20 deceable Det ble szeretne Debrec.cr Dubai Dube
Adjusting entry that should be made by Nicholson on the December 31 year-end is Debit Notes Receivable $301 credit Interest Receivable $301. Therefore, the correct option is A.
On November 19, Nicholson Company receives a $25,800, 60-day, 10% note from a customer to replace an account receivable. To determine the adjusting entry to be made by Nicholson on the December 31 year-end, we'll first calculate the interest earned during this period using a 360-day year.
1: Calculate the number of days from November 19 to December 31.
There are 11 days in November (30 - 19) and 31 days in December, totaling 42 days.
2: Calculate the interest for 42 days.
Interest = Principal x Rate x Time
Interest = $25,800 x 10% x (42/360)
Interest = $25,800 x 0.10 x (7/60)
Interest = $25,800 x 0.10 x 0.1167
Interest = $301.02 (rounded to $301)
The correct adjusting entry to be made by Nicholson on the December 31 year-end is:
Option A: Debit Interest Receivable $301; credit Interest Revenue $301.
This entry records the interest earned on the note receivable but not yet received. Interest Receivable is debited for the accrued interest, and Interest Revenue is credited to recognize the earned revenue.
Note: The question is incomplete. The complete question probably is: On November 19, Nicholson Company receives a $25.800, 60-day, 10% note from a customer to replace an account receivable. What adjusting entry should be made by Nicholson on the December 31 year-end? (Use 360 days a year.) A. Debit Notes Receivable $301 credit Interest Receivable $301 B. Debit Interest Revenue $430: credit Interest Receivable $430 C. Debit Interest Receivable $430, credit Interest Revenue S430. D. Debit Interest Receivable $301; credit Interest Revenue $301 E. Debit Notes Receivable $129; credit Interest Revenue $129.
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suppose, in the nation of xurbia, minimum wage rates increase; illustrate the effect of this by shifting the aggregate supply (as) curve in the appropriate direction.
The increase in minimum wage rates in Xurbia would shift the aggregate supply (AS) curve to the left.
When the minimum wage rates increase, it raises the cost of labor for businesses. As a result, businesses may reduce their employment levels or increase the prices of goods and services they offer. This leads to a decrease in the overall level of output and productivity in the economy, represented by a leftward shift in the aggregate supply curve.
The aggregate supply curve represents the relationship between the overall level of output (real GDP) and the price level in an economy. When the minimum wage rates increase, the production costs for businesses rise, causing a decrease in their profitability. To maintain their profit margins, businesses may reduce production or increase prices, resulting in a decrease in the quantity of goods and services supplied at each price level.
The leftward shift of the aggregate supply curve means that at any given price level, there will be a lower level of output and employment. This shift reflects the decrease in the willingness and ability of firms to supply goods and services at the existing price level due to higher labor costs.
In summary, an increase in minimum wage rates in Xurbia would lead to a leftward shift in the aggregate supply (AS) curve. This shift represents a decrease in the overall level of output and employment in the economy, as businesses face higher labor costs and reduce their production or increase prices to maintain profitability. The magnitude of the shift and its impact on the economy will depend on various factors, including the size of the minimum wage increase, the elasticity of labor supply and demand, and the ability of businesses to adjust their operations in response to higher costs.
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which of the following is not a typical characteristic of a market system? multiple choice lack of incentives to produce new products consumer sovereignty profit as a success indicator
The characteristic that is not typically associated with a market system is the lack of incentives to produce new products.
A market system is characterized by several key features, including incentives to produce new products. In a market system, entrepreneurs and businesses are driven by the potential for profit, which serves as a strong incentive to innovate, develop new products, and improve existing ones. Consumer sovereignty is another characteristic of a market system, where consumers have the power to determine what goods and services are produced through their purchasing decisions. Additionally, profit serves as an indicator of success in a market system, as businesses strive to generate profits by meeting consumer demands efficiently. Therefore, the lack of incentives to produce new products does not align with the typical characteristics of a market system.
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describe authentic leadership and its application to modern leadership
Authentic leadership is a form of leadership that emphasizes the leader's genuineness, transparency, ethical conduct, and values. It is a leadership approach that is focused on building trust with followers through the demonstration of ethical and moral behaviors.Long answer:Authentic leadership is a concept that was first introduced by Bill George in 2003 in his book "Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value.
" According to George, authentic leaders are individuals who lead from their values, who are transparent and honest in their actions, who foster open communication, and who build relationships based on trust and respect.In modern leadership, authentic leadership is particularly relevant due to the increasing need for leaders who are transparent, ethical, and value-driven. In a world where information is readily available and where people are becoming increasingly aware of issues related to ethical conduct and social responsibility, authentic leadership can help leaders to build credibility and trust with their followers.A key characteristic of authentic leadership is self-awareness. Authentic leaders are individuals who are aware of their own values, strengths, weaknesses, and limitations.
They are able to recognize their own emotions and are able to regulate them in order to make sound decisions and act with integrity. Authentic leaders also tend to be emotionally intelligent, which means that they are able to understand and empathize with others' emotions and perspectives.In addition, authentic leaders are able to build relationships based on trust and respect. They are effective communicators who are able to listen actively and respond appropriately to others. They are also able to provide feedback in a constructive and supportive manner, which helps to build trust and mutual respect among team members. Finally, authentic leaders are committed to ethical conduct and social responsibility. They are able to create a vision that is focused on creating value for all stakeholders, and they are able to inspire others to work towards this vision.In summary, authentic leadership is an approach to leadership that emphasizes transparency, ethical conduct, values, and building trust with followers. In modern leadership, authentic leadership is particularly relevant due to the increasing need for leaders who are transparent, ethical, and value-driven. Authentic leaders are self-aware, emotionally intelligent, effective communicators, and committed to ethical conduct and social responsibility.
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Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
What is the expected return for a portfolio with a risk premium of 2.65 percent if the risk-free return is 3.34 percent and the inflation rate is 1.20 percent
The expected return for a portfolio with a risk premium of 2.65%, a risk-free return of 3.34%, and an inflation rate of 1.20% is 4.72%.
To calculate the expected return for a portfolio with a risk premium of 2.65%, a risk-free return of 3.34%, and an inflation rate of 1.20%, follow these steps:
Determine the nominal return: Add the risk premium to the risk-free return.
Nominal Return = Risk Premium + Risk-Free Return
Nominal Return = 2.65% + 3.34%
Calculate the nominal return:
Nominal Return = 5.99%
Adjust for inflation to find the real return: Use the Fisher equation.
Real Return = [(1 + Nominal Return) / (1 + Inflation Rate)] - 1
Real Return = [(1 + 0.0599) / (1 + 0.0120)] - 1
Calculate the real return:
Real Return = 0.0472 or 4.72%
The expected return for a portfolio with a risk premium of 2.65%, a risk-free return of 3.34%, and an inflation rate of 1.20% is 4.72%.
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Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. Entry field with correct answer.
Assuming that the store uses the periodic inventory system, the supplies expense account needs to be adjusted to reflect the actual cost of supplies used during the period.
To calculate the cost of supplies used, we need to subtract the supplies on hand at the end of the period from the beginning balance of the supplies account. periodic inventory system
Beginning balance of supplies account: $1,900
Supplies on hand: $160
Supplies used: $1,900 - $160 = $1,740
Therefore, the entry to adjust the supplies expense account would be a debit of $1,740 and a credit to the supplies account of $1,740. This adjustment ensures that the supplies expense on the income statement reflects the actual cost of supplies used during the period.
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1) When Eaton's customers became aware that they needed solutions for power management, energy savings, green technologies, and LEED certification, they were in which phase of the business buying process? a not selected option a Product specification b not selected option b Problem recognition c not selected option c Proposal solicitation d not selected option d Performance review e not selected option e General need description
Answer:
b Problem recognition
Explanation:
Eaton's customers are at the stage of problem recognition because they are recognizing a problem or necessity that hey have, and have determined what goods and services will meet that necessity or solve that problem.
In this case, the necessity is likely related to sustainability, and the goods and services that have been determined to meet that necessity are: solutions for power management, energy savings, green technologies, and LEED certification.
Business Math!
Your budget says that savings should be 11% of income. If you earn $1,500.00 a month, how much should
you save in a year?
$1.880.20
$1,880.00
$1,780.00
$1,980.00
Answer:
$1,980.00
Explanation:
$1,500.00 * 0.11 = $165.00
$165.00 * 12 months = $1,980.00
You should save $1,980.00 in a year.
Items not easily quantified in dollar terms are not reported in the financial statements true or false?.
It is true that items not easily quantified in dollar terms are not reported in the financial statements. This is known as monetary unit assumption.
What is the Monetary Unit Assumption?The monetary unit concept is an accounting principle that assumes business transactions or events can be measured and expressed in terms of monetary units and the monetary units are stable and dependable. In other words, the language of business and finance is money. It doesn’t matter what currency it is as long as it’s stable and can be comparable to other currencies.Accounting information must be complete, neutral, and free from error. personal transactions are not mixed with the company's transactions.To learn more about Monetary Unit Assumption, refer: https://brainly.com/question/14511295?referrer=searchResults
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Distinguish between each of the following documents relating to insurance.
(a) Proposal form
(b) Policy
(c) Claim form
(a) A proposal form is a document that a potential insurance policyholder fills out when applying for insurance coverage. The form typically includes information about the person or entity seeking coverage, including personal details such as age, address, and occupation, as well as information about the type and amount of coverage being sought. The proposal form is used by the insurer to assess risk and determine whether to offer coverage to the applicant.
(b) A policy is a legal contract between an insurance company and a policyholder that outlines the terms and conditions of the insurance coverage. The policy document typically includes information about the type and amount of coverage, the duration of the coverage, and any exclusions or limitations that apply. The policyholder pays a premium to the insurer in exchange for coverage, and the insurer agrees to pay out a specified amount in the event of a covered loss.
(c) A claim form is a document that a policyholder or their representative fills out in order to request payment from an insurance company for a covered loss. The claim form typically includes information about the policyholder, the type and location of the loss, and the amount being claimed. Once the insurer receives the claim form and verifies that the loss is covered under the policy, they will typically issue payment to the policyholder in accordance with the terms of the policy.
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hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
A company is planning to hosting a charity meal. 800 people work for the company. It was estimated that 70% of the employees will contribute for the program. Each employee should contribute for 2 meal. If each meal cost 5 aed. How much fund was raised by the company for this program?.
According to the information, fund was raised by the company for this program is 5600 pounds
first, ascertain the quantity of employees present:
70% of 800 = 560
Next, determine how many people will be present:
560 × 2 = 1120
Now, determine how much was raised:
5 × 1120 = 5600
Fundraising, also known as fund-raising, is the process of soliciting and amassing voluntarily provided financial contributions from people, businesses, charitable foundations, or governmental organizations. Although the term "fundraising" is typically used to describe efforts to raise money for nonprofit organizations, it is also sometimes used to describe the process of finding and approaching investors or other sources of capital for for-profit businesses.In the past, the majority of fundraising efforts have involved door-to-door solicitation of contributions. But in recent years, fresh variations on traditional grassroots fundraising, like online fundraising, have appeared.Learn more about Fundraising, here
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refers to the various ways of dividing up tasks and labor to achieve goals. Hierarchy of authority Division of labor Rules and procedures Chain of command Question 49 Which step of the socialization process is happening at Disney World when recruits receive formal training at Disney University on how to answer guests' questions no matter how simple or difficult the question? challenging early work assignments careful selection adoption of cultural value statements rewards that sustain the culture Question 50 The ethics component of organizational culture is a complex interplay of that may support either ethical or unethical organizational behavior. formal systems formal, informal, and legal systems formal and informal systems informal systems
The step of the socialization process that is happening at Disney World when recruits receive formal training at Disney University on how to answer guests' questions no matter how simple or difficult the question is Adoption of cultural value statements.
The ethics component of organizational culture is a complex interplay of formal, informal, and legal systems that may support either ethical or unethical organizational behavior. Organizational culture refers to the various ways of dividing up tasks and labor to achieve goals.
It includes a company’s expectations, experiences, philosophy, and values that hold it together, and is expressed in its self-image, inner workings, interactions with the outside world, and future expectations. Ethics play an essential role in organizational culture, as they provide a foundation for many business decisions.
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Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly total fixed cost if he is open 6 days per week
Answer:
$240
Explanation:
Darren runs Barber shop
His fixed costs daily is $40
The toal output per day is 10 haircuts
He is open 6 days in the week
Therefore weekly total fixed costs can be calculated as follows
= 40×6
= 240
Hence the weekly fixed cost is $240
First, let's get past some of the preliminaries: if Management is getting things done
through people and other resources, then research and discuss the pros and cons of
the four "Functions of Management." Discuss why planning requires "critical
thinking" about the much-needed activities required to achieve the goals. Research
and discuss the pros and cons of "Smart Goals" versus randomly attempting to move
forward. Finally, research the components of and discuss the pros and cons of
"critical thinking and contrast and compare them to just ordinary
"Thinking."
The four functions of management, namely planning, organizing, leading, and controlling, play crucial roles in achieving organizational goals and ensuring effective management practices. Here are the pros and cons of each function:
Planning:
Pros: Planning provides a roadmap for the organization, setting clear objectives, identifying necessary actions, and allocating resources. It helps in anticipating and addressing future challenges, making informed decisions, and promoting alignment and coordination among teams.
Cons: Overemphasis on planning may lead to inflexibility in adapting to changing circumstances. It can be time-consuming and may face challenges in accurately predicting the future.
Organizing:
Pros: Organizing involves structuring tasks, allocating resources, and defining roles and responsibilities. It promotes efficiency, clarity, and coordination within the organization, ensuring that resources are utilized effectively and goals are achieved.
Cons: Overemphasis on organizational structure can lead to bureaucracy and rigidity. It may limit flexibility and creativity within teams.
Leading:
Pros: Leading involves inspiring, motivating, and guiding employees toward the achievement of goals. Effective leadership fosters employee engagement, teamwork, and a positive work environment. It enables effective communication and supports decision-making processes.
Cons: Inadequate leadership can result in poor employee morale, lack of direction, and reduced productivity. Overemphasis on leadership may create dependency on a single individual and hinder team empowerment.
Controlling:
Pros: Controlling involves monitoring performance, comparing it to set standards, and taking corrective actions when necessary. It ensures that activities are on track, facilitates performance evaluation, and helps in identifying and addressing issues promptly.
Cons: Excessive control can lead to a rigid and stifling work environment. It may result in micromanagement, decreased autonomy, and demotivation among employees.
Planning requires critical thinking because it involves analyzing the current situation, setting goals, and determining the most effective strategies to achieve those goals. Critical thinking helps in evaluating different options, identifying potential obstacles, and making informed decisions. It encourages considering various perspectives, assessing risks, and adapting plans as needed.
"Smart Goals" (Specific, Measurable, Achievable, Relevant, Time-bound) have several advantages over randomly attempting to move forward:
Smart Goals provide clarity and specificity, ensuring that goals are well-defined and actionable.
They facilitate measurement and evaluation, allowing progress to be tracked and assessed.
Smart Goals enhance focus and motivation by providing a clear target and deadlines.
They promote alignment and communication within teams, as everyone understands the objectives and their role in achieving them.
On the other hand, randomly attempting to move forward without specific goals has drawbacks:
Lack of direction and clarity can lead to inefficiency and wasted
resources.
It becomes challenging to measure progress or determine success.
Random actions may result in inconsistent or conflicting efforts.
It is difficult to prioritize activities or allocate resources effectively.
Critical thinking involves analyzing, evaluating, and questioning information, assumptions, and arguments. Its pros include:
Improved problem-solving and decision-making abilities.
Enhanced creativity and innovation.
Better understanding and evaluation of complex situations.
Reduction of biases and subjective judgments.
Ordinary thinking, on the other hand, may rely on habitual patterns, assumptions, or limited perspectives. It may overlook alternative viewpoints or fail to consider the broader context. While ordinary thinking can be efficient for routine tasks, critical thinking is essential for addressing complex challenges, fostering innovation, and making sound judgments.
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Orca Industries is considering the purchase of Shark Manufacturing. Shark is currently a supplier for Orca and the acquisition would allow Orca to better control its material supply. The current cash flow from assets for Shark is $8.3 million. The cash flows are expected to grow at 7 percent for the next five years before leveling off to 4 percent for the indefinite future. The costs of capital for Orca and Shark are 11 percent and 9 percent, respectively. Shark currently has 3 million shares of stock outstanding and $25 million in debt outstanding.
What is the maximum price per share Orca should pay for Shark? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
To determine the maximum price per share that Orca should pay for Shark.The final answer is the maximum price per share that Orca should pay for Shark is $4.01.
Then, we can divide the total present value by the number of shares outstanding to find the maximum price per share.
Given:
Cash flow from assets for Shark: $8.3 million
Cash flow growth rate for the next 5 years: 7%
Cash flow growth rate after 5 years: 4%
Cost of capital for Orca: 11%
Cost of capital for Shark: 9%
Shares outstanding for Shark: 3 million
Debt outstanding for Shark: $25 million
First, we need to calculate the present value of the expected cash flows for the next 5 years:
PV_cashflows = \(CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + ... + CF5 / (1 + r)^5\)
Where PV_cashflows is the present value of the cash flows, CF1 to CF5 are the expected cash flows for each year, and r is the cost of capital.
Next, we calculate the terminal value, which is the perpetuity value of the cash flows beyond the 5-year period:
Terminal_value = CF6 / (r - g)
Where Terminal_value is the present value of the terminal value, CF6 is the cash flow in the sixth year, r is the cost of capital, and g is the growth rate after the 5-year period.
Finally, we calculate the total present value:
Total_PV = PV_cashflows + Terminal_value
Now, we can determine the maximum price per share:
Maximum_price_per_share = (Total_PV - Debt_outstanding) / Shares_outstanding
Let's calculate the values step by step:
PV_cashflows = \($8.3 million / (1 + 0.09)^1\)\(+ $8.3 million * (1 + 0.07) / (1 + 0.09)^2 + $8.3 million * (1 + 0.07)^2 / (1 + 0.09)^3 + $8.3 million * (1 + 0.07)^3 / (1 + 0.09)^4 + $8.3 million * (1 + 0.07)^4 / (1 + 0.09)^5\)
PV_cashflows = $\(7,619,266.06 + $6,620,529.75 + $5,752,808.42 + $4,996,141.51 + $4,332,455.61\)
PV_cashflows = \($29,321,201.35\)
Terminal_value = $\(8.3 million * (1 + 0.07)^5 / (0.09 - 0.04)\)
Terminal_value = $\(8,714,366.96\\\)
Total_PV = $\(29,321,201.35 + $8,714,366.96\)
Total_PV = $\(38,035,568.31\)
Maximum_price_per_share =\(($38,035,568.31 - $25 million) / 3 million\)
Maximum_price_per_share = $\(4.01\),
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How does the rate of a proportional tax change with income?
Answer:
same
Explanation:
Proportional tax, also referred to as a flat tax, affects low-, middle-, and high-income earners relatively equally. They all pay the same tax rate, regardless of income.
For much of the twentieth century, east asia was dominated economically and politically by:________
For much of the twentieth century, east Asia was dominated economically and politically by Japan.
How to illustrate the information?It should be noted that East Asia was developed based on the successful market economy and private investment.
In the 20the century, there were domestic instability as well as revolution.
Therefore, For much of the twentieth century, east asia was dominated economically and politically by Japan. This is quite different nowadays as China is a leading power.
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Kiano, a telecommunications equipment manufacturer, manufactures PDAs (P), wireless handsets (H), and blackberrys (B). They have a limited supply of common parts---ethernet card (450 in inventory), antenna (250 in inventory), chipset (800 in inventory), battery/power supply (450 in inventory), LCD screen (600 in inventory)---that these products use. A PDA requites an ethernet card, 2 chipsets, a power supply, and 2 LCD screens. A wireless handset requires an ethernet card, an antenna, 2 chipsets, a power supply, and a LCD screen. A blackberry requires a chipset and a LCD screen. The profit on PDAs is $80, the profit on wireless handsets is $60, and the profit on blackberrys is $35. The following is a linear programming formulation of the problem.
Let
P = Number of PDAs produced
H = Number of wireless handsets produced
B = Number of blackberrys produced
We may write model for this problem as follows.
Maximize 80P + 60H + 35B
subject to:
(ethernet card constraint) P + H ? 450
(antenna constraint constraint) H ? 250
(chipset constraint) 2P + 2H + B ? 800
(power supply constraint) P + H ? 450
(LCD screen constraint) 2P + H + B ? 600
(non-negativity) P, H, B ? 0.
Implement the above model in Solver and make sure to choose Simplex as the solving method and to choose the option "Make Unconstrained Variables non-negative"---do not explicitly put in the non-negativity constraints in the model and using the sensitivity report only
answer the questions below:
a. Does the solution change if only 425 ethernet cards are available?
b. Is it profitable to produce Blackberrys? If not, by how much should the profit margin on Blackberrys be increased to make it profitable to produce Blackberrys?
determine if the solution changes when only 425 ethernet cards are available, you need to adjust the respective constraint in the model and re-run Solver.
Modify the "ethernet card constraint" to P + H ≤ 425. By solving the modified model, you can compare the new solution to the previous one and observe if any changes occur in the production quantities of PDAs, wireless handsets, and blackberrys. To determine if it is profitable to produce blackberrys, you need to examine the objective function's coefficient for blackberrys in the original model. If the coefficient is positive, it implies a positive contribution to the total profit and indicates profitability. If the coefficient is negative, it implies a negative contribution and suggests that producing blackberrys would result in losses.To calculate the amount by which the profit margin on blackberrys should be increased to make it profitable, you can analyze the shadow price (also known as the dual value) associated with the constraint for blackberrys in the sensitivity report generated by Solver. If the shadow price is greater than the current profit margin of $35, it signifies that increasing the profit margin by at least the value of the shadow price would make blackberrys profitable.
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which of the following product elements derives from customers' involvement with the product, which may convey additional value to many products (and brands) for buyers? a. brand equity b. the core product c. symbolic or experiential benefits d. supplemental features e. brand loyalty
Option c is correct. Symbolic or experiential benefits product elements derives from customers involvement with the product, which may convey additional value to many products for buyers.
Intangible features of a product that can be connected to a person's values, beliefs, feelings, or sense of social identity are referred to as symbolic or experiential advantages.
These advantages might emerge from a brand's marketing initiatives or from the experiences that customers have had with the product. They are frequently connected to the brand personality or image.
For instance, having a luxury car may give you a feeling of exclusivity, grandeur, or status that goes beyond its practical advantages. The buyer may identify with a particular lifestyle or personality attribute by purchasing a particular brand of sportswear.
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When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by
Answer:
full (by painting his house)
Explanation:
When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by full (by painting his house)
Reason -
(i.e. If Rosco is unable to pay $1000 then in that option he painted Lyden's house so he is discharged by painting his house )