The AD curve would shift to the left this scenario make the aggregate demand curve change. (OPTION A) As a result, the quantity demanded at a given price can be larger or lower.
If a good is a normal good, a decline in income, a decrease in the price of a substitute, and a rise in the price of a complement can all result in a decrease in demand and a shift to the left of the demand curve. A shift in consumer preference to buy a specific good or service, regardless of a change in price, is referred to as a change in demand. A change in customer preferences or income levels may be the cause of the change.
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What is the formula for calculating the monthly payment on a mortgage loan? please provide an example and show the calculation.
The formula for calculating the monthly payment on a mortgage loan is
M = P [i(1+i)^n]/[(1+i)^n-1]
A mortgage loan is a loan taken out to purchase property or land. The loan is secured by the property itself, so if the borrower defaults on the loan, the lender can take possession of the property
Formula:
M = P [i(1+i)^n]/[(1+i)^n-1]
Where:
M = Monthly Payment
P = Principal loan amount
i = Monthly interest rate (expressed as a decimal)
n = Number of payments (months)
Example:
Assume you are taking out a $200,000 mortgage loan with an annual interest rate of 3.5% and a 30-year loan term.
P = 200,000
i = 3.5%/12 = 0.002916
n = 30 years x 12 = 360
M = 200,000 [0.002916(1+0.002916)^360]/[(1+0.002916)^360-1]
M = 200,000[0.002916(1.002916)^360]/[(1.002916)^360-1]
M = 200,000[0.002916(2.141706)]/[2.141706-1]
M = 200,000[0.0062921]/[1.141706]
M = 1,258.90
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Margaret is analyzing the current year income statement and the comparative balance sheet in order to prepare the statement of cash flows. She should expect the operating cash flows to be ______ the amounts reported in the income statement.
different from
Margaret is analyzing the current year income statement and the comparative balance sheet in order to prepare the statement of cash flows. She should expect the operating cash flows to be different from the amounts reported in the income statement.
An organization's financial balances are summarized on a balance sheet in financial accounting, whether the organization is a sole proprietorship, business partnership, corporation, private limited company, or another type of institution like the government or a not-for-profit.
As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are mentioned. It's common to refer to a balance sheet as a "picture of a company's financial status." The balance sheet is the only one of the four fundamental financial statements that only applies at one particular period in a company's fiscal year.
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Cost-volume-profit analysis can be used to predict the effects of reduced selling prices, increased fixed costs, and reduced variable costs on break-even points.
True
False
It is true that cost-volume-profit analysis can be used to predict the effects of reduced selling prices, increased fixed costs, and reduced variable costs on break-even points
CVP analysisThe CVP analysis serves all the elements stated in the statement to be able to calculate the break-even point and, as an effect, it will also be able to announce the break-even point when any or all of them change in any direction.
Costs refer to the fixed and variable costs incurred by the business. Volume refers to the number of products sold. Profit refers to the amount of money the company makes given the price of the product sold, the volume of products sold, and the fixed and variable costs of the company.For more about CVP Analysis here https://brainly.com/question/27585018
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the u.s. is currently running a budget deficit estimated at $ 441 billion. a budget deficit occurs because group of answer choices government tax revenues exceed government spending government tax revenues are declining government spending exceeds government revenue the government fails to earn enough tax revenue to pay off the public debt
A budget deficit occurs because Government spending exceeds government revenue. Option C.
States spend more than they generate income. This is the so-called fiscal deficit. A contractionary policy is characterized by cutting government spending or increasing taxes to counter rising inflation. An expansionary policy will lead to a larger budget deficit, a contractionary policy will reduce the deficit.
However, cutting spending has its pitfalls. Government spending in 2021 was 30% of GDP. This is the value of all goods and services produced in a country in a given year. 9 If governments cut spending too much, GDP will fall and economic growth will slow. This reduces income and widens the deficit.
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if regulators of the local gas and water utility companies require those firms to price their service at marginal cost group of answer choices there would be a deadweight loss in their markets. their customers would enjoy no consumer surplus. the firms might require a tax-financed subsidy to survive. none of the above answers are correct.
If regulators of the local gas and water utility companies require those firms to price their service at marginal cost the firms might require a tax-financed subsidy to survive.
Hence, the correct option is B.
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is incremented, the cost of producing additional quantity.Marginal cost is essentially the cost of producing one more unit, whether a product or service. When looking at the income statement, there are two separate types of expenses. On the one hand, you have fixed costs. These are usually large expenses that do not change based on the number of units you produce.To know more about Cost here
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Economic inequality is perhaps most troubling when it is not the result of effort or talent, but instead is determined by the circumstances under which a child grows up. Public policy attempts to build a ladder of opportunities so that all children have a chance for success, even through their circumstances vary. Select the answer below that would not be found on the ladder of opportunity. Select all that apply: O Improved daycare. O Enrichment programs for preschoolers. O After school and community activities. O Mandatory job requirements for students.
With Public policy attempting to build a ladder of opportunities Mandatory job requirements for students would not be found on the ladder of opportunity
Public policy, which is governed by a notion and frequently put into practise by programmes, is an institutionalised plan or a decided set of features like laws, rules, guidelines, and actions. Public policy has been defined in a variety of ways and can be thought of as the whole of all direct and indirect government activities.
Public policy is essentially a collection of laws, directives, and steps that governments decide upon and implement in an effort to benefit the general populace. Which laws are passed, where funding flows, and which issues are of general public interest can all be determined by public policy.
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Increasing the size of a group from 2 to _____is likely to produce the greatest increase in conformity.
5
Increasing the size of a group from 2 to 5 is likely to produce the greatest increase in conformity.
What do you mean by conformity?Conformity is the process through which individuals alter their attitudes, behaviors, beliefs, or perceptions to more closely align with those of the organizations they identify with, aspire to join, or for whose approval they are looking. Conformity has significant social repercussions and is still a topic of active research.Views of conformity have been greatly influenced by two research areas. The social psychologist Muzafer Sherif, who was born in Turkey, showed in a series of investigations conducted in 1935 the ability of social influence to alter how stimuli that are very ambiguous are seen by individuals. The autokinetic effect, a perceptual delusion that happens when people are instructed to focus on a steady point of light in a dark room, was used by Sherif. In certain conditions, individuals notice motion in the light.
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fill in the blank: is how a project manager keeps track of the team's workload, ensures that things are getting done within a set period of time, and demonstrates progress to people outside the immediate team, like stakeholders.O Managing tasksO Planning and organizingO Removing unforeseen barriersO Budgeting and controlling costs
Planning and organizing is how a project manager keeps track of the team's workload, ensures that things are getting done within a set period of time, and demonstrates progress to people outside the immediate team, like stakeholders.
Who are stakeholders?A stakeholder is any person, group, or organisation whose interests are affected by the success or failure of a project or business venture. Stakeholders can be inside or outside the company funding the project, and they all have a vested stake in the project's success. Stakeholder priority can typically be broken down into three categories. Employees, clients, and investors are the first and most crucial group, without whom the company cannot function. The main responsibility of a stakeholder is to lend their expertise and viewpoint to a project in order to assist the organisation in achieving its strategic goals. Additionally, they can offer the resources and supplies needed. Their assistance is essential for a project to succeed.
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the use of the allows bank customers the ability to complete most transactions electronically without leaving home. true or false?
It is true that the use of Internet banking allows customers to complete most transactions electronically without leaving home
Benefits of internet banking
It is a tool that most financial institutions have developed and make available to their users in order to facilitate daily transactions, without having to go to the bank
Check balances and account statementsPay public services such as electricity, telephone, taxes.Transfer funds between accountsMake investmentsDeposit to different accounts, both your own and third partiesPay credit cardsFor more about bank System here https://brainly.com/question/14274562
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in the simple deposit expansion model, a decline in checkable deposits of $500 when the required reserve ratio is equal to 10 percent implies that the fed
Whenever the required reserve ratio is equal to 10% and there is a $500 reduction in checkable deposits, the simple deposit growth model assumes that Fed: sold $50 in government bonds.
What is reserve explain?A corporation will set away a portion of its retained earnings as a reserve to strengthen its balance sheet, pay down debt and credit, buy fixed assets, grow the firm, and finance other endeavors. Usually, they are done to stop your money from being used for other causes. Similar to savings accounts, reserves are an accumulation of money for a future use. Surpluses from operations or scheduled transfer that were planned and budgeted could be used to fund a reserve.
How do reserves work?Instead of producing money, it effectively increases the amount of money in circulation. The Fed accomplishes this in a number of ways, one of which is by adjusting the target fed funds rate with the intention of influencing other interest rates. To increase bank reserves, it could also purchase Treasury securities on the open market.
Briefing:Checkable deposits = $500
Required reserve ratio = 10%
Let plug in the formula
Government bonds = $500 × 10%
Government bonds = $50
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Please HELP!!!!!
Think of an organization (business, religious institution, volunteer organization, sports team) with which you have been involved. Imagine outfitting it with an IT infrastructure. Prepare a plan for what you would do to support outfitting it. Draw a map of a network connecting all the individuals, give them PCs and printers, and lay out the design as best you can. The purpose is to begin working with these concepts, not to build a perfect network.
Has the student included people, PCs, Servers, an Internet link, and network connections?
The student's work should demonstrate the relationship between elements in a network map. For example, people use a desktop; the map should clearly demonstrate that relationship.
Does the map include servers that provide computing resources to multiple users?
Does the map include connectors between the desktops, servers, and the Internet link?
Does the map include graphics or clip art of the network elements?
Does it include other devices such as printers?
Does it include the network map for an organization connected to this organization?
Is the project well-organized and neatly presented?
Does writing use proper grammar, correct spelling, and appropriate punctuation?
Is research used with proper references and source citations?
Answer:
Well with this first you would need to picture something you have been involved in lets say boys and girls club you would have to create a bot that is manufactured to help out and do what is need for the club so the main frame and the fragment would have to use coding that involves high tech moving it is a stronger coding that a basic pc computer it would have to be as strong as a bull seeing red but for the last part of this i can not do because it involves drawing and well im on a computer
Explanation:
I hope I helped you
Answer:
To support outfitting an organization with an IT infrastructure, the following steps can be taken:
Identify the organization's IT needs and requirements. This includes determining the type and number of computers, servers, printers, and other devices that are needed to support the organization's activities.Create a network map that shows the connections between the different devices and individuals in the organization. The network map should include people, PCs, servers, an Internet link, and network connections.Purchase and install the necessary hardware and software to support the organization's IT infrastructure. This includes computers, servers, printers, and other devices, as well as operating systems, applications, and other software.Train individuals in the organization on how to use the IT infrastructure. This includes providing training on how to use the computers, servers, printers, and other devices, as well as training on how to use the software and applications that are installed on the network.Monitor and maintain the IT infrastructure to ensure that it is functioning properly and meeting the organization's needs. This includes regularly checking the hardware and software for updates and upgrades, as well as troubleshooting any issues that may arise.Develop and implement policies and procedures for the use of the IT infrastructure. This includes establishing guidelines for the use of the computers, servers, printers, and other devices, as well as rules for accessing and using the network and the Internet.Connect the organization's IT infrastructure to other networks, such as the Internet, as needed. This allows the organization to access and share information with other organizations and individuals, and to take advantage of the many benefits of networking.The student's work should include people, PCs, servers, an Internet link, and network connections. The map should clearly demonstrate the relationship between these elements, such as showing how people use PCs to access the network and the servers that provide computing resources to multiple users. The map should also include connectors between the desktops, servers, and the Internet link, as well as graphics or clip art of the network elements.
In addition, the map should include other devices such as printers, and it should show the network map for an organization connected to this organization. The project should be well-organized and neatly presented, with proper grammar, spelling, and punctuation. It should also include research with proper references and source citations.
On December 31, a company determines that $500 in salaries expense has not yet been recorded because the employees will not be paid until January 3. The adjustment will include a credit to the _______ account in the amount of $500Sales payable
'On December 31, a company determines that $500 in salaries expense has not yet been recorded because the employees will not be paid until January 3. The adjustment will include a credit to the Current account in the amount of $500 Sales payable.
In economics, a country's current account balance records the value of imports and exports of goods and services, and the international transfer of capital. It is one of the two components of the balance of payments, the other being the capital account.
Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. Current accounts can be opened in cooperative bank and commercial bank.
It is called the current account because goods and services are generally consumed in the current period.
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Charles works for a company that makes toothpaste. He realizes that the best way to advertise the product line to the international market is through mass media advertising because it will reach more consumers. He knows it would be impossible to reach every consumer with a personal sales call. He recognizes that his company should use a ______ communication strategy.
The marketing mix is the collection of tactical marketing instruments that may be controlled and used by a business to elicit a desired response from its target market. Everything a business can do to affect the demand for its product is included in it.
What constitutes the initial phase of a global marketing research project?The first phase in the marketing research process is defining the issue or the question your study is attempting to address. This is followed by creating a plan of study to address the issue in question, gathering data, and doing an analysis of the data.
Which marketing mix component alludes to a good product or concept that meets consumers' needs?The marketing mix's "four Ps" are these four components: A product is something that satisfies a consumer's wants, whether it be a good, a service, or an idea.
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Translating subsidiary earnings from a strong host currency into a weak home currency increases stated earnings in the home currency.a. Trueb. False
Increasing declared earnings in the home currency by translating subsidiary earnings from a strong host currency. The given statement is true.
Devaluation is the intentional reduction in the value of a nation's currency. The currency's value may be reduced at the government's discretion. Depreciating a currency lowers the cost of exports and can aid in reducing trade imbalances.
July 1944. A new international monetary system was forged by delegates from forty-four nations in Bretton Woods, New Hampshire, in July 1944. Delegates to the conference agreed to establish the International Monetary Fund and what became the World Bank Group.
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A firm that chooses to target potential customers by zip code, specific occupation, or even lifestyle is said to be practicing which targeting strategy.
answer choices
a. mass marketing
b. hypermarketing
c. micromarketing.
d. undifferentiated marketing
c. Lifestyle is said to be practicing a micromarketing targeting strategy.
Micromarketing is a marketing strategy focused on targeting potential customers on a very small and specific level. This type of targeting strategy involves utilizing customer data such as zip code, occupation, lifestyle, and more to create a more personalized marketing message.
This allows companies to better identify and segment their customer base, allowing for more targeted and effective marketing campaigns. Micromarketing also allows companies to better understand their customer’s preferences, which can be used to create messages that better resonate with them.
Overall, micromarketing is a powerful tool that allows companies to better identify and target their customers, ultimately leading to higher customer satisfaction and increased profits.
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Exchange rates are an effective way to analyze the price of one currency in terms of another currency with ______.A. distinctive trade-offs and risksB. exchange rate policyC. monetary policyD. the tools of demand and supply
Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
exchange rateExchange rates describe the relative worth of one's own currency to another country. Either a fixed or free-floating exchange rate is possible. A free-floating exchange rate fluctuates according to changes in the foreign exchange market, whereas a fixed exchange rate is tied to the value of another currency. Therefore, using the techniques of supply and demand to examine the price of one currency relative to another, exchange rates are a useful tool.
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Who would you identify as the most likely entrepreneur? (vs. self-employed, managers, freelancers, or so on)
a. a massage therapist who performs massages in people's homes
b. a construction contractor who owns his own business and focuses on renovating landmarked homes
c. a writer who sells her articles to various magazines
d. a doctor who develops a high-protein drink to sell and for each sale donates another bottle to people in developing nations
e. a driver who uses his own car to drive the elderly to and from their appointments or social engagements
The most likely entrepreneur is a doctor who develops a high-protein drink to sell and for each sale donates another bottle to people in developing nations. The correct option is (D).
The entrepreneur is someone who has an idea and who works to create a product or service that people will buy, as well as an organization to support that effort.
The entrepreneur someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. Just like that above doctor who create product, sell and help the nation to grow.
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A piece of rental property will generate $10,000 a year for five years, $12,000 for the next five years, and then be sold at the end of the tenth year for $100,000. If you can earn 10 percent on your funds, what is the maximum you should pay for the property?
$104,702.60 is the maximum pay for the Rental property.
How to calculate Rental property?A property that is rented out is one that is occupied by anyone other than the owner and for which the tenant pays the owner a set rent on a regular basis.
Return on investment (ROI) quantifies the amount of money, or profit, made relative to the investment's cost. Calculate the net profit or net profit on the investment & divide it by the initial cost to determine the percentage ROI for a cash buy. You must consider your down payment & mortgage payment if you have a mortgage. Your daily spending, as well as repair and maintenance charges, might have an impact on your return on investment.
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Which of the following rating errors occurs when a manager assigns relatively high performance ratings to all employees? A) A severity error
B) A leniency error
C) A horns error
D) A halo error
A severity error occurs when a manager gives all employees relatively high performance ratings.
What are performance management mistakes?In performance evaluation systems, a number of common error sources can be identified. These are some: 1) the error of central tendency, 2) the error of strictness or leniency, 3) the halo effect, 4) the error of recency, and 5) personal biases.
What is the performance management error that occurs the most frequently?One of the most common mistakes in performance evaluations is the halo effect. This occurs when an appraiser applies a single employee quality as a generalization to all aspects under consideration. For instance: Every year, one member of the team consistently meets or exceeds sales goals.
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human resource specialist julie woodard must inform employees of a major reduction in health care benefits. when delivering this announcement, she should apply all the following techniques except
Human resource specialist Julie Woodard must inform employees of a major reduction in health care benefits. when delivering this announcement, she should apply all the following techniques except lets the employees find out through the office grapevine.
Human resource specialist can be described as an employee of an organization that inform the employeed about any benefits that are offered by the particular organization that they are working in.
Such informations should always be passed on by the human resource specialist rather than people such as the grapevine.
Human resources specialists are trained in all aspects of human resources, so these people know how to pass on a health care benefit information.
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larger businesses will generally be able to shoulder these costs better than smaller businesses with a narrow profit margin
The advantage of large companies is that they tend to be more established and have better access to funding. They also enjoy more repeat business.
Why should large business have a cost advantage?Larger firms tend to have a cost advantage over smaller firms as they may benefit from producing more products and buying materials in bulk. Some companies or firms even own manufacturing companies that produce the materials, further increasing their cost advantage.
How do large business profit the economy?Larger firms are more likely to achieve economies of scale than smaller firms because they can produce more goods and thus spread costs over more goods.
Why are large business better than small businesses?Large business usually offer higher salaries and bonuses. They are also likely to contribute more to the employer portion of the insurance and may be more likely to contribute to other benefits. You can now access your resources.
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the interviewer asked me an inappropriate question but, i deflected it with a polite response. the interviewer asked me an inappropriate question but i deflected it with a polite response. the interviewer asked me an inappropriate question, but i deflected it with a polite response.
The correct punctuated sentence is: "The interviewer asked me an inappropriate question, but I deflected it with a polite response."
The comma after "question" and the word "but" indicates that there are two separate clauses in this sentence. The first clause is "The interviewer asked me an inappropriate question" and the second clause is "I deflected it with a polite response."
The use of the comma and the word "but" helps to show the contrast between the two clauses, thus making the sentence easier to read and understand. Therefore the correct answer is option number one.
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Correct question.
Choose the correctly punctuated sentence.
-The interviewer asked me an inappropriate question but, I deflected it with a polite response.
-The interviewer asked me an inappropriate question, but I deflected it with a polite response.
-The interviewer asked me an inappropriate question but I deflected it with a polite response.
Andrews Co. can purchase 20,000 units of Part XYZ from a supplier for $18 per part. Andrews' per unit manufacturing costs for 20,000 units is ______.Cost Per Unit TotalVariable $12 $240,000manufacturingcostSupervisor $3 $60,000salaryDepreciation $1 $20,000Allocated $7 $140,000fixedoverheadIf the part is purchased, the supervisor position would be eliminated. The special equipment has no other use and no salvage value. Total allocated fixed overhead would be unaffected by the decision. Should the company buy the part or continue to make it?continue to make — $60,000 advantage.The avoidable costs of making the product are the variable costs plus the supervisor salary or $15 per unit. The total savings is $60,000 ($18 buy price - $12 variable cost - $3 supervisor salary = $3 advantage to make X 20,000 units).
Andrews Co. can purchase 20,000 units of Part XYZ from a supplier for $18 per part. Andrews' per unit manufacturing costs for 20,000 units is $15 per unit.
Definition: purchase in accounting refers to the taking manage of a given item or provider by way of paying a set amount of cash. Conversely, it's far the change of money for a selected desirable or service. The process is usually undertaken with the aid of people or businesses in want of gadgets or offerings.
Purchase is the organized acquisition of goods and offerings on behalf of the buying entity. shopping sports are had to make sure that needed gadgets are received in a well-timed way and at a reasonable fee.
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_________ has/have special rights that give it priority over other types of stock in one or more areas.Preferred stock
Preferred stock has special rights that give it priority over other types of stock in one or more areas.
What is meant by preferred stock?Preferred stock is a type of stock that has a fixed dividend schedule but no voting rights. Preferred stock combines aspects of common stock and bonds into a single security, including regular income and company ownership.
Preferred stock is a stock that combines aspects of both stocks and bonds. Preferred shares, like bonds, pay out cash dividends, often at a higher yield than bonds, while also providing higher dividend returns and less risk than ordinary shares.
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the form of ownership, the level of service, and the are important ways that retail outlets can be classified.
The type of ownership, level of service, and merchandise line of a retail establishment can be used to classify it. Independent retailers, corporate chains, and contractual systems like cooperatives sponsored by retailers, voluntary chains sponsored by wholesalers, and franchises are all examples of forms of ownership.
What is possession in retail the board?Ownership-Based Retailers Independent retailers own and operate a single store and set their own policies. Their family members can assist with business operations, and the unit's ownership can be transferred from one generation to the next.
What is the most widely recognized type of retail location possession?The most prevalent business structure is the sole proprietorship. This kind of business is easy to set up and run, and it may have more management freedom and fewer legal restrictions. However, the owner of the business bears all personal responsibility for the company's debts.
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which one of the following is an advantage of the accounting (book) rate of return (arr) method for analyzing capital investment proposals?
Usually, the information needed to calculate the return is accessible is an advantage of accounting rate of return method for analyzing the capital investment proposals.
What is accounting rate of return?A financial ratio used in capital budgeting is the Accounting Rate of Return (ARR), sometimes known as the Average Rate of Return (ARR). The ARR is computed using the planned capital investment's net income. ARR is a percentage that represents a return. An investment's relative attractiveness is gauged by its annual return on investment (ARR). ARR is used by more than half of large companies when assessing projects. The key advantage of ARR is how easy it is to compute and comprehend. The main problem with ARR is that it doesn't take into account the time value of money or how long-term investment risks change over time. ARR can readily be changed by changing the depreciation methods because it is based on a profit analysis.
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Firms construct pro forma financial statements by studying past relationships between key accounts on the income statement and balance sheet and making judgments about whether those relationships will continue in the near future.
True
" Firms construct pro forma financial statements by studying past relationships between key accounts on the income statement and balance sheet and making judgments about whether those relationships will continue in the near future." This statement is True.
Finance is the look at and area of money, currency, and capital belongings. it's far associated with, but now not synonymous with economics, the examination of production, distribution, and intake of money, assets, goods and services. economic means referring to or involving money.
The business enterprise is in financial difficulties. Synonyms: financial, business, money, budgeting greater Synonyms of financial. financially adverb. Finance is defined because the management of cash and includes sports consisting of investing, borrowing, lending, budgeting, saving, and forecasting. There are three major varieties of finance: (1) private, (2) corporate, and (3) public/authorities.
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The net present value capital budgeting method considers all estimated cash flows for the project's expected life. True or False?
The net present value capital budgeting method considers all estimated cash flows for the project's expected life is true.
Why is NPV the best capital budgeting method?Capital budgeting uses the net present value as a tool to assess a project's or investment's profitability. It is determined by subtracting the difference between the present value of cash inflows over a period of time from the present value of cash outflows.
Because NPV can account for different discount rates or different cash flow directions, it has an advantage over IRR. The NPV technique is more adaptable for analyzing different periods because each year's cash flow can be discounted independently from the others. A clear measurement is offered by NPV. Given the used discount rate, it calculates the potential wealth creation from the investment in current dollars.
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Roberts Inc. sells common stock for $10 million and pays dividends of $1 million. Net cash flows from financing activities will be ____.
Roberts Inc. distributes $1 million in dividends and sells common shares for $10 million. There's going to be $9 Million in positive cash flows from the financing operations.
Describe cash flow.The net amount of money coming into and going out of an organization at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
What occurs whenever cash flow is inadequate?When a firm's cash outflow exceeds its cash inflow, it has a cash flow problem. This lack of liquidity makes it difficult for the company to pay its bills, pay its suppliers, and run the business efficiently.
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managers can use an action plan to question 41 options: specify the steps that will be used to reach a goal. combine low-level goals into a higher-level goal. show how goals are connected across an organization. develop a sustainable competitive advantage.
Managers can use an action plan to specify the steps that will be used to reach a goal.
An Action plan that specifies the specific actions required to accomplish a particular objective is known as an action plan. It specifies the resources (people, resources, budget, etc.) that will be required to complete each step along with a timetable for their completion.
An action plan helps managers clearly define the actions that need to be taken and track progress toward the goal by specifying the steps that will be used to achieve it. It also helps to make sure that all project participants are aware of their roles and responsibilities and have access to the necessary resources.
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