In determining the value of the house, computer and the car, money is functioning pricincipally as a unit of account.
What is money?
Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt.
When money functions as a unit of account, it is used to determine value goods and services.
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Kwality Stores is famous for its woollen garments sourced from
Ludhiana. Its most popular selling item is its sweat-shirt which is sold at
1,000 per piece. The cost of placing an order and receiving goods is
₹ * 500 per order. Its holding cost is 300 p.a. Economic order quantity
for Kwality Stores is 200 sweat-shirts.
Calculate the annual demand of the sweat-shirts.
The Annual Demand of the Sweat-Shirts is: 16 Sweat Shirts/Annum. The steps for calculating this is given below.
How do you calculate Annual Demand?The following process outlines the process for calculating Annual Demand.
Multiply steady demand by two.Multiply the result by the cost of ordering one unit. Divide the result by the cost of holding one unit in inventory for a year. Then, take the square root of the total.This process applied is:
Steady demand here is: 200. Thus
200 X 2 = 400
400 * (200/500) = 160
160/(200/300) = 240
Annual Demand = [tex]\sqrt{240}[/tex]
= 15.4919333848
≈ 15.5. given that the item cannot be divisible by two, we can leave the answer at 16 Sweat Shirts/Annum.
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A small-business owner wants to drive as many potential customers as possible to their website. The budget for their campaign is only $500 per month. Which type of automated bidding strategy best aligns to the owner's campaign goal
The maximize click bidding strategy is one of the types of automated bidding strategy which best aligns with the set goal of $500 for a small owner.
What is the maximize click bidding strategy?
The maximize click bidding strategy is a kind of bidding strategy where the bid is automatically set to have the maximum number of clicks within the owner's budget.
The small owner should use the maximize click bidding strategy if he/she wants to attract more potential customers to their online website within the set budget of $500 on monthly basis. This strategy creates a number of clicks for the small owner as per the set amount of budget.
Hence, the maximize click bidding strategy is used by the small owner to achieve its goal within a fixed amount of budget of $500.
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Money is a ______ of some item or group of items that is used as a medium of exchange.
Money is a legal tender of some item or group of items that is used as a medium of exchange.
What is money?Money is what accepted legally all over as one of the means of transactions.
It is given as a payment to purchase a particular goods or services. The value of a countries money is determined by the economy.
Therefore, Money is a legal tender of some item or group of items that is used as a medium of exchange.
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Dave invests in a bond that yields 3. 50% annual effective for 10 years. The bond pays coupons at a rate of 3. 50%, payable semi-annually. It has a redemption value of $75. Mike invests in a 5 year bond. The bond pays coupons at a rate of 14. 00%, payable quarterly. It has a redemption value of $150. Mike paid twice the price for his bond compared to what Dave paid. Both bonds have a face amount of $100. Calculate the annual effective yield for Mike's bond
The annual effective yield for Mike's bond is 3.20%, which is less than Dave's 3.50%.
What is the annual effective yield of a bond?The annual effective yield is the total return expected from a bond if the bond is held till maturity.
The annual effective yield rate is the rate at which all future expected cash flows are discounted to find out the current value or the price of the bond.
We can use the following Yield to Maturity formula to calculate the annual effective yield rate.
Yield to Maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
Data and Calculations:Mike's investment:
Quarterly Interest = $3.50 ($100 x 14% x 1/4)
Annual interest = $14 ($100 x 14%)
FV = Face Value of the Bond = $100
Price = Current Market Price of the Bond at Redemption = $150
Maturity = Time to Maturity = 5 years
= {$14 + ($100 - $150)/5} / {($100 + $150)/2}
= $14 + -10 / 250/2
= 4/125
= 3.2%
Thus, the annual effective yield for Mike's bond is 3.20%, which is less than Dave's 3.50%.
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Beyond the Backyard, a company that designs and manufactures athletic gear, focuses their marketing efforts on people who participate in strenuous outdoor activities such as running, hiking, and climbing. For example, the firm advertises heavily in Runner's World and Women's Running. Beyond the Backyard is using __________ factors to segment its market.
The Beyond firm is a using a psychographic factors to segment its market because it is focusing its marketing efforts on people who participate in strenuous outdoor activities.
What is a Psychographic segment?This is a form of marketing segmentation that identifies the customer groups into segments that influence their buying behaviors.
Some of the buying behaviors includes:
beliefs,values, lifestyle,social status etcIn conclusion, the outdoor activities such as running, hiking, and climbing are all part of consumers lifestyles.
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While you are a student, why is it recommended that you check the website or printed materials prepared by the professional organization of your chosen career
It is recommended that you check the printed materials of your career organization so that:
You would be well aligned with the profession.It would you to learn about the characteristics needed to be successful in your career,What is a profession?This is a paid occupation that a person belongs to after they have gone through periods of formal training.
To align with a career a student would be on the constant look out for information about the career.
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The five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and ______.
The five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and feedback.
What is the Hackman and Oldham Model?The Hackman and Oldham Model describes the five core dimensions that determine job outcomes.
The five core job dimensions show the different skills for performing a specific job. They describe the competence areas and personality traits essential for an employee to perform according to job specifications.
Thus, the five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and feedback.
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When you speak with a successful and accomplished professional to seek out career advice, it is referred to asMultiple Choicea job fair.networking.an informational interview.LinkedIn.a situational interview.
When you speak with a successful and accomplished professional to seek out career advice, it is referred to an informational interview
What is an Informational Interview?This refers to the type of interview where a person seeks out career advice from a successful career person, usually in the same career field to get some useful perspective.
Hence, we can see that based on the given scenario, the narrator is engaged in an informational interview because it was not for job purposes but to get career advice.
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Risk-averse investors require higher rates of return on investments whose returns are highly uncertain, and most investors are risk averse true false
It is a true statement that risk averse investors require higher rates of return on investments whose returns are highly uncertain.
Who are the risk averse investors?These are investor that have high tendency to chooses preservation of capital over the potential for a earning the higher than average return on an investment.
The investor generally prefers the safety of principal over the possibility of a higher return on their investment.
Therefore, the statement is true.
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__________ worth, a frequently used measure of wealth, refers to the value of savings and checking accounts, real estate, automobiles, stocks and bonds, and other assets, minus debts.
A type of vertical bar chart in which the categories are plotted in the descending rank order of the magnitude of their frequencies is called a:.
A contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.
What is a contingency table?They are frequency tables in which data from two qualitative variables are recorded and the relationship between them is analysed.
In these tables, the rows represent the categories of one variable and the columns the categories of the other variable or characteristic under study.
The cell located at the intersection of a given row and column, collects the absolute frequency simultaneously presented by the modalities that occupy the corresponding row and column.
Therefore, we can conclude that a contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.
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How do changing prices affect supply and demand? as price increases, both supply and demand increase. as price decreases, both supply and demand decrease. as price increases, supply decreases, but demand increases. as price decreases, supply decreases, but demand increases.
The price has been the deciding factor for the supply of the commodities. The decrease in the price results in a decrease in supply with increased demands.
What is the relationship between supply and demand?The supply has been the practice of the serving commodities in the market, while the demand has been the requirement of the commodity in the market.
The price plays a crucial role in maintaining the supply and the demand chain, as with the decrease in the price, there will be an increase in the demand and this affects the supply chain which is reduced. Thus, option D is correct.
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Answer:
d
Explanation:
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Melinda walks into a local convenience store to buy chewing gum. She more than likely will employ ____ in deciding to make that purchase.
Answer: routine response behavior
Explanation:
Melinda walks into a local convenience store to buy chewing gum. She more than likely will employ routine response behaviour in deciding to make that purchase.
What is routine response behaviour?Routine response behaviour occurs after a sufficient number of trials or purchases of a particular brand. The decision to again buy the product requires little or no decision-making as the routine choice behaviour becomes habitual with each subsequent purchase. Routine choice behaviour is a characteristic of being loyal to a brand as well.
With the rapid increase in promotion, the problem lies in measuring consumer response. An individual’s response to promotions is indicated by the extent to which promotions play a role in his or her purchase routine concerning a brand. It is important for marketers so that they avoid marketing-related environmental interruptions such as stockouts that could force loyal customers to try their competitor’s brand. In marketing, it is important to understand consumer buying behaviour patterns to increase business and customer loyalty.
The decision-making process of customers has different levels such as extensive problem-solving, limited problem solving etc.
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Which warehouse location strategy would most likely be used if a company has many more suppliers than customers
A located strategy called a market positioned strategy would be the most likely warehouse location strategy to be used if a company has many more suppliers than customers.
What is a market positioned strategy?This strategy involves that determination of ideal number and the best location of warehouses to locate to allow the firm to best serve the organization's customers.
Hence, it is very important that the firm locates its warehouses where it will ensure an efficient operation and ultimately business success.
In conclusion, the market positioned strategy is the best location stragegy because it will allows to the firm to contact the supplier and consumer at ease.
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Which of the following would be regulated by the GAO? O A. a "mom and pop" restaurant B. a non-profit charity O c. a large public corporation O D. the state of Nevada
Answer:
the state of Nevada
Explanation:
An increase in the price of capital will _____ demand for labor if capital and labor are substitutes, and it will _____ the demand for labor if the scale effect dominates.
An increase in the price of capital will increase the demand for labor if capital and labor are substitutes, and it will decrease the demand for labor if the scale effect dominates.
What is the impact of an increase in the price of capital on labor demand?Substitute goods are goods that can be used in place of another good. If the price of a capital increases, the demand for the substitute, labor increases.
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If directors were aware of or should have been aware of Jian Liu activities, they would have been in violation of their Multiple Choice agency responsibilities. accumulated proxy responsibilities. fiduciary responsibilities. alignment of interests. managerial responsibilities.
If directors were aware of or should have been aware of Jian Liu activities, they would have violated their b. fiduciary responsibilities.
What are fiduciary responsibilities?Fiduciary responsibilities refer to the responsibilities of directors as agents to act in the best interests of their principals.
Fiduciary responsibilities are different from managerial responsibilities of planning, organizing, staffing, leading, and controlling.
Fiduciary responsibilities of directors mandate them as agents to act at all times in the best interest of their principals.
Thus, if directors of Luckin Coffee were aware of or should have been aware of Jian Liu activities, they would have been in violation of their b. fiduciary responsibilities.
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When interest rates increase, the demand for commercial and residential real estate will _____ and the price of real estate will _____.
When interest rates increase, the demand for commercial and residential real estate will decrease and the price of real estate will decrease.
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According to the _____________________ argument, a market-oriented economy has no obvious way to implement a plan of systematic wage reductions.
Answer:
The answer is Coordination.
Explanation:
According to the Coordination argument, a market-orienated economy has no obvious way to implement a plan of systematic wage reductions.
Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business' __________.
Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.
What is accounting?Accounting is a process of keeping a financial record or preparing the financial record. It includes analysis, verification, and reporting of records of the transaction.
Accounting is the activity in the financial department of a company or business that keeps the daily finance accounts.
Hence, accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.
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The _______ method of reporting the statement of cash flows reports net income and then adjusts it for items that do not affect cash.
Answer: Indirect
Explanation: the indirect method reports net income then adjusts it.
Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are _____.
Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are Location economies.
What is location economies?Location economies involves the study of of a place, country for available market.
It involves the production of the goods with minimal risk and optimum output.
It serves as added advantage to cost of productions over their competitors.
Therefore, Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are Location economies.
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Explain how credit card companies make money on their cards. what is a credit card issuer?
A credit card issuer is an unsecured creditor and makes money by imposing charges and fees for transactions one performs to transact via a credit card.
What is a credit card issuer?Credit card issuer is the one who offers such credit facility to the consumer over the credibility of the holder in the market. He is an unsecured creditor, as no collateral is recoverable in case of default by cardholder.
A few ways in which card issuer make money on their cards are as follows:
Charging interest for late payments of credit amountCharging a fee to merchants for accepting payments via cardsPayment gateway feesCharges on withdrawal of cashHence, the ways in which a credit card issuer or a credit card company earns money is in the ways as aforementioned above.
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Answer:I took the test and got a 100
Explanation:
Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.
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A company that has positive free cash flow struggles with a.retiring debt. b.having financial flexibility. c.funding internal growth. d.None of these choices are correct.
A company that has positive free cash flow struggles with: None of these choices are correct.
What is the positive free cash flow?This is a ternm that is used in the world of business to imply that a business is generating more money than what they use to run the business and also used to reinvest.
This means that the business has potentials and they are able to support themselves for growth.
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Jeff Arnold and Reggie Bradford created WebMD, an Internet provider of health care information. During the development of this high-growth company, Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with ______ financing.
Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with equity financing.
What is equity financing?Equity financing can be defined as the way in which a company or an organization raise capital by selling their stock.
Most companies or organization tend to sell their shares or stock to investors who then provide them with equity financing as this will enables them to raise money.
Therefore Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with equity financing.
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In Blank______ pricing, an organization sets a price a few dollars or cents under an even number, such as at $3.99.
In Blank odd-even pricing, an organization sets a price a few dollars or cents under an even number, such as at $3.99.
What is pricing strategy?Pricing strategy is a method adopted by business to place prices on their products and services.
Pricing can affect everything about how your product is received by the market. A price that is too low may not generate enough interest or have enough of a margin for profit and vice versa.
Hence, in Blank odd-even pricing, an organization sets a price a few dollars or cents under an even number, such as at $3.99.
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Evaluating information sources is a skill that can be used over the course of a lifetime for any personal or professional need.
True
False
Answer:
True
Explanation:
A 2-for-1 stock split increases the marketability of the stock because.
The reason why a stock-split of 2-for-1 can be said to increase a stock's marketability is that the market price for each share decreases.
What does a 2-for-1 stock split do?When a stock is split in this manner, it means that there will now be two stocks for every stock there was before.
This means that the price of every stock will be halved. This increases marketability because the lower market price makes the stock cheaper for people to buy.
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The price used to record a sale between divisions within the same vertically integrated company is called the sales price. transfer price. bargain price. integrated price
A transfer price means those price used to record a sale between divisions within the same vertically integrated company.
What is a transfer price?It refers to the prices of goods & services that are exchanged between companies that are under common control
Hence, it is the price used to record a sale between divisions within the same vertically integrated company.
Therefore, the Option B is correct.
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Investors in middle management are most likely to be investing because they're nearing retirement or Question 4 options: they're bored. they can offer a high ROI. they're failed entrepreneurs. they're senile.
Answer:
high ROI
Explanation:
Answer: Bored
Explanation:
"Middle managers. Angels in middle management positions start investing in small businesses for two major reasons—either they’re bored with their jobs and are looking for outside interests, or they are nearing retirement, or fear they are being phased out." Quote from Textbook