Answer:
Provision the workload in an Auto Scaling group across Availability Zones, with a minimum of two Amazon EC2 instances Use an Application Load Balancer in front of an Auto Scaling group.
Explanation:
To ensure high availability configure at least 2 EC2 instances so if one fails the other will be a backup. Also aouto scale across various regional availability groups. Worldwide Amazon has various availability stations so making the workload available across multiple regions ensure it will not be affected incase a region goes down.
Johnson Inc. has $500,000 in an investment paying 8% annual taxable interest. Each year, the corporation incurs a $3,000 nondeductible cash expense relating to the investment. If Johnson's marginal tax rate is 35%, compute the annual after-tax cash flow.
Answer:
the annual after-cash flow is $23000
Explanation:
see the attached document
Tripod Inc. began the month with accounts receivable of $25,000. During the month, it collected $12,000 from customers and sold $5,000 of merchandise on credit. What is its accounts receivable balance at the end of the month?
Answer:
Accounts receivable balance at the end of the month is $18,000
Explanation:
Accounts receivable balance at the end of the month = Accounts receivable balance at the beginning of the month + Accounts receivable increased during the month - Accounts receivable decreased during the month.
During the month, Tripod Inc. collected $12,000 from customers. Accounts receivable decreased during the month of $12,000
It sold $5,000 of merchandise on credit. Accounts receivable increased during the month of $5,000
Accounts receivable balance at the end of the month = $25,000 + $5,000 - $12,000 = $18,000
A(n) ____ is the collection of individuals responsible for the overall planning and development of the contingency planning process, including the organization of subordinate teams and oversight of subordinate plans.
A Contingency planning management team is responsible for the development of the contingency process and in the oversights of the subordinate plans
Explanation:
When the outcome that is not expected and for the outcome that is in the exceptional risk and the the plans that would often have a catastrophic sequence are often called as contingency plan
They are most often planned by the governments and they include the natural disasters like the hurricanes the earth quakes and in business the crises that are threatening the employees such as job injuries and the work site accidents all of them are supervised by the contingency plan management team
You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-pound exchange rate is quoted at $2.00 = £1.00.
If a bank quotes you a cross rate of £1.00 = €1.20, how much money can an astute trader make?
Answer:
$41,666.667
Explanation:
The computation of the money astute trader make is
= Invested amount × (Euro exchange rate ÷ dollar exchange rate) × (Pound cross rate ÷ euro cross rate) × dollar exchange rate
= $1,000,000 × (€1.00 ÷ $1.6) × (£1 ÷ €1.2) × $2
= $1,041,666.667
So, the money would be
= $1,041,666.667 - $1,000,000
= $41,666.667
Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amount of $323,000, and its inventory at the end of the year was $102,000.What was Baxter's Cost of Goods Sold for 2014?1) $391,0002) $306,0003) $408,0004) $289,000
Explanation:
Cost of goods sold = +Purchase + Direct Exp+ Opening Inventory - Closing Stock
85,000 + 3,23,000 - 1,02,000 = 3,06,000
Identify the high-contact and low-contact operations of the following services: a. A dental office b. An airline c. An accounting office d. An automobile agency e. Amazon
Answer and Explanation:
a. A dental office - high contact
b. An airline - high contact
c. An accounting office - low contact
d. An automobile agency - low contact
e. Amazon - low contact
Answer:
Explanation:
a. Dentist office - high contact: includes waiting rooms, receptionists, dentists, hygienist, x-ray,
b. Airline- high contact includes: reservation desks, loading concourse, plane with crew and attendants;,low contact: include maintenance, baggage handling, tower operations,etc
c. An accounting office- high contact: will include reception and CPA's; low contact: includes records, computer, library, etc.
d. An automibile agency- high contact: will ijcludeshowroom and offices; low contact: includes maintenance, preparation, record-files.
e. Amazon -high contact: includes customer service; low contact includes order pickers, QA checkers, order packers, etc.
A common tactic project managers use when they realize their project is underfunded is to rely on:
A) Political tactics.
B) Intimidation.
C) The kindness of strangers.
D) Asking for forgiveness rather than permission.
Answer:
A) Political tactics.
Explanation:
it is referred to that political behavior that is used to influence the other to gain some interest. Political tactics are used to get help from the sources that hold a strong position in the ruling government. It based on social relationships to making out work possible.
In the given information, the project manager used Political tactics when he realizes that the project may be underfunded.
Final answer:
Project managers commonly use strategic exaggeration, 'rounding up' financial estimates, declaring crises, or leveraging political and stakeholder relationships to manage underfunding issues in their projects.
Explanation:
A common tactic project managers use when they realize their project is underfunded is to rely on various strategies to manage expectations and secure additional resources. These involve careful consideration of how to present the project's needs to those with budgetary control, often with a focus on creating a sense of urgency or leveraging existing relationships. Since the options A) Political tactics, B) Intimidation, C) The kindness of strangers, and D) Asking for forgiveness rather than permission are not specifically detailed in the reference material, we should look at the hints provided.
Project managers may exaggerate the benefits of their proposals to secure more funding or use strategic budgeting practices such as 'rounding up' estimates to create an end-of-year surplus. They might also declare a crisis to prompt more careful financial management or invoke relationships with stakeholders for support. It is important for project managers to be realistic in their proposals to maintain credibility and avoid over-promising and under-delivering.
In situations where political considerations are relevant, skillful negotiation and diplomacy are necessary, especially if the project is enmeshed in local politics or operates in a politically unstable environment. Ultimately, good project management requires transparency, maintaining stakeholder relationships, and a keen understanding of the political landscape.
Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $769. The yield to maturity is 13.2 percent and the face value is $1,000. Interest is paid annually. How many years is it until these bonds mature?A. 5.73 years B. 7.41 years C. 6.16 years D. 4.19 years
Answer:
4.90 years
Explanation:
We have to applied the NPER formula that is presented on the attachment.
The NPER reflects the time period.
Given that,
Present value = $769
Future value = $1,000
Rate of interest = 13.2%
PMT = $1,000 × 6.5% = $65
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
After solving this, the nper is 4.90 years
Note: This is the right answer which is not given in the mentioned options.
On May 1, 2016, Varga Tech Services signed a $6,000 consulting contract with Shaffer Holdings. The contract requires Varga to provide computer technology support services whenever requested over the period from May 1, 2016, to April 30, 2017, with Shaffer paying the entire $6,000 on May 1, 2016.How much revenue should Varga recognize in 2016? (Do not round intermediate calculation.)
Answer:
$4,000
Explanation:
Given that,
Varga Tech Services signed a contract with Shaffer Holdings on May 1, 2016.
Total revenue = $6,000
Remaining months in the year 2016 = 1 May 2016 to 31st December 2016
= 8
Therefore,
Proportionate Contract revenue to be recognized in 2016:
= $6,000 × (8 ÷ 12)
= $4,000
The employees at Software Solutions wear casual clothes, play pool at lunch, and bring their children to work. When Adrienne Sidon joined the company, no one explained these unwritten rules to her; she just figured them out. These informal codes of conduct followed by Software Solutions employees are known as
Answer:
unspoken rule
Explanation:
unspoken rule - it is referred to that rules that are unwritten which need to be understood by examining the environment. These are considered behavioral constraints that are unwritten.
some example of unspoken rules are
-mobile phone - it should be on silent while working hour
- smoking is prohibited at workplace
In a simple way unspoken rules are rules that are not written but should be followed strictly in the organization.
Informal norms are the unspoken rules that dictate the culture and social behavior within a workplace, learned through observation and socialization.
Explanation:The informal codes of conduct followed by Software Solutions employees are known as informal norms. These are the unspoken rules that dictate the culture and social behavior within the workplace. Unlike formal norms, which are written and officially sanctioned, informal norms are learned through observation, imitation, and socialization. Observing the behavior of others and then conforming to these unwritten rules is crucial for new employees to fit into the company's informal organization. Examples of informal norms at Software Solutions include dressing casually, playing pool at lunch, and bringing children to work, which define the company's relaxed and family-friendly atmosphere.
A description of what the company is capable of becoming is referred to as A. strategic mission. B. strategic flexibility. C. strategic vision. D. strategic concept. E. strategic familiarity.
Answer:
C. strategic vision.
Explanation:
Strategic vision -
It provides the overview about the success or failure in the coming future , is referred to as strategic vision.
This helps to forecast the future , goals and th upcoming projects of the company or organisation .
The strategic can be short as well as long term , depending on the time period of the project .
Hence , from the given information of the question,
The correct option is C. strategic vision .
On March 31, 2009, Phoenix, Inc. paid Melanie Publishing Company $15,480 for a 3-year subscription for five different magazines. The subscriptions started immediately. What amount should appear in the Prepaid Subscription account for Phoenix Company after adjustments on December 31 each year
Answer:
prepaid subscrption ending balance
2009 11,610
2010 6,460
2011 1,290
Explanation:
15,480 / 36 months = 430 per month
December 31th Adjustment:
430 x 9 months (from March 31,2009 to December 31,2009)
received magazinesfor $ 3,870
balance: 15,480 - 3,870 = 11,610
Decmeber 31th 2010
430 x 12 months = 5,160
balance 11,610 - 5,160 = 6,450
2011 adjustment
again for 12 months: 5,160
6,450 - 5,160 = 1,290
A local utility company needs to make a decision regarding which tire type to use for the truck it uses when servicing the local electric grid. The time period for the analysis is 6 years. The following assumptions will be used for the analysis: gasoline price of $3.00 per gallon, and 25,000 miles driven per year. Two tire types are available for purchase (need to buy 4 tires for the truck). Type A, a lower quality tire, sells for $250 per tire, the tire is expected to last 50,000 miles, and result in average gasoline use for the truck of 20 miles per gallon. Type B, a higher quality tire, sells for $400 per tire, the tire is expected to last 75,000 miles, and result in an average gasoline use for the truck of 25 miles per gallon. a. Calculate the annual savings in gasoline costs that would result from using Type B instead of Type A.b. For the overall 6-year period, calculate the overall cost (include both the cost of gasoline and the cost of tires) for both tire types, and determine which tire type should be purchased.
Answer:
Explanation:
Using type B
Rate of gasoline use = 25 miles per gallon
In 1 year - 25000 miles
So, gasoline to be spent = 25000/25=1000
Using type A
Rate of gasoline use = 20 miles per gallon
In 1 year - 25000 miles
So, gasoline to be spent = 25000/20=1250
1250 -1000=250
Thus, by using type B, save up 250 gallons and 250*$3 = $750
Total cost of A:
Gasoline costs for year = 1250*3=$3750; for 6 years $22500
Tires last for 2 years (50000/25000), so it needs to be repurchased 3 times
Tire cost = 3*240*4 = $3000
Total Cost = 3000+22500=25500
Total cost of B:
Gasoline costs for year = 1000*3=$3000; for 6 years $18000
Tires last for 3 years (75000/25000), so it needs to be repurchased 2 times
Tire cost = 2*400*4 = $3200
Total Cost = 3200+18000=21200
Type B is cheapest and lasts longer, so it should be purchased
The relative price of any commodity is its price in terms of A. dollars. B. foreign currencies. C. another commodity. D. gold.
Answer: option (C) another commodity.
Explanation: The relative price of any commodity is its price in terms of another commodity. A relative price maybe expressed in terms of ratio between the prices of any two goods. Relative price simply refers to the ratio of prices. They are often expressed in terms of consumer price indices and are pertinent in making international comparison. Consumers are conscious of monetary prices of product but most have the intuition that the really important thing is the price of product to other prices such as the wage rate.
Answer:
The Correct Answer is C
Another commodity
Explanation:
The proportion of one value to another is designated a relative price, which is an opportunity cost. The relative price of an asset is the opportunity cost of obtaining that asset because it determines how much of the next most suitable asset must be relaxed up to purchase a unit of the first asset.A relative price is an opportunity cost.1. "The biggest thing when we talk about personal branding is that it’s a _________" a. Hard thing b. Waiting game c. Process d. Journey 2. What is a key factor of personal branding?a. Spending money on sponsored ads b. Being visible on all social platforms c. Grit d.Consistency
Answer:
1- c. Process.
2- d. Consistency.
Explanation:
A personal brand can be defined as a continuous process of using marketing efforts and developing different factors to increase the perception and reputation of a company, individual, group, institution, etc.
Personal brand management corresponds to a continuous process of action and positioning, so that the target audience that you want to reach through your brand, can get to know you, including the values and the solution of the problems and benefits you have to offer.
This is a process that demands consistency of actions and posture, since the process of consolidating a personal brand is a continuous process that requires a lot of research, knowledge and analysis of trends and market, advertising, presence in the media most used by the public, demonstration of seriousness, quality, benefits, quick response to problems, and several other factors that gradually contribute so that through a consistent process the brand has value and is consolidated in the market.
Personal branding is both a process and a journey, requiring consistency in message presentation across platforms. It involves continuous growth and development, and it's not an instant event, effort and perseverance are essential components.
Explanation:1. When discussing personal branding, it's most accurate to say that it's a process and a journey. It's not an instant event, instead, it involves continuous growth and development.
2. A key factor in personal branding is consistency. While being visible on social platforms and spending money on sponsored ads can be part of your strategy, it's essential to remain consistent in your message and the image you present, irrespective of the platform you're using. This consistency helps to solidify your brand in the minds of your target audience and adds trustworthiness to your brand.
Lastly, personal branding is not a 'waiting game' nor is it necessarily a 'hard thing'. It requires effort, perseverance, a clear understanding of your goals and values, and an adaptable strategy to meet changing circumstances.
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When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You should ask the taxpayer if they had any other interest income.
a. True.
b. False.
Answer:
True
Explanation:
yes it is true that you should ask the taxpayer if they had any other interest income to avoid double taxation elsewhere
Hutchinson Corporation has zero debt ⎯it is financed only with common equity. Its total assets are $410,000. The new CFO wants to employ enough debt to bring the debt/assets ratio to 40%, using the proceeds from the borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio?
Answer:
Required Debt= $164,000
Explanation:
Debt to asset ratio also called debt ratio is a leverage ratio and is calculated by dividing debt divided by total assets. It is used to measure solvency.
For Hutchinson Corporation
Target debt ratio= 40%
Total assets= $410,000
Debt ratio= Debt/Total assets
0.40 = Debt/ 410,000
Debt= 410,000 * 0.40
Debt= $164,000
Hutchinson Corporation must borrow $164,000 to achieve a debt/assets ratio of 40%, as calculated by using the formula Debt = Debt Ratio * Total Assets.
Explanation:The firm, Hutchinson Corporation, currently has zero debt. The new CFO plans to adjust the company's capital structure by introducing debt and using the proceeds to buy back common stock. To find out how much the company needs to borrow, we can use the debt/assets ratio formula.
The formula for the debt/assets ratio is: Debt / Total Assets = Debt Ratio. The desired debt ratio in this case is 40%, and the total assets are $410,000. Solving for Debt gives us: Debt = Debt Ratio * Total Assets.
When you substitute the numbers into the formula: Debt = 0.40 * $410,000, you find that the Debt equals $164,000. Therefore, the firm must borrow $164,000 to achieve a debt ratio of 40%.
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Expert Computers was started in 2018. The company experienced the following accounting events during its first year of operation:
1. Started business when it acquired $40,000 cash from the issue of common stock.
2. Purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30.
3. Paid off one-half of the accounts payable balance within the discount period.
4. Sold merchandise on account for $28,000. Credit terms were 1/20, n/30. The merchandise had cost Expert Computers $16,000.
5. Collected cash from the account receivable within the discount period.
6. Paid $2,100 cash for operating expenses.
7. Paid the balance due on accounts payable. The payment was not made within the discount period.
Required:
a. What is the amount of gross margin for the period?
b. What is the net income for the period?
Answer:
Gross profit 11,720
Net income 9,620
Explanation:
We first, solve for the net sales:
Sales revevenue 28,000
Sales discount 1% = (280)
Net sales 27,720
Now we subtract the cost of good sold, which is given:
Cost of Goods Sold (16,000)
Gross profit 11,720
Now, from the gross profit we subtract the other operating expenses:
Operating expenses (2,100)
Net income 9,620
What is a great example of using cluster analysis in business to create target-marketing strategies?
Answer:
The correct answer is letter "C": zip code segmentation.
Explanation:
Target-marketing strategies are achieved by segmenting the company's overall market. Segmentation allows firms to classify their clients typically by age, gender, and income but some other features such as location can be also implemented. Once the target population is spotted, organizations can choose a plan prompt advertising most likely to impact their behavior.
Thus, entities can use zip segmentation to identify customers in a specific region and study their consumption patterns to try to identify profitable opportunities.
Great Example of Using Cluster Analysis in Target-Marketing Strategies
A great example of using cluster analysis in business is to segment customers based on purchasing behavior to create targeted marketing strategies. This approach helps businesses to identify different customer groups with unique preferences and tailor marketing efforts accordingly. For instance, a retail company might use cluster analysis to group customers who frequently buy sports equipment and develop specific promotions for this segment. Cluster analysis enables more efficient and effective marketing campaigns by addressing the specific needs and interests of diverse customer segments.
Detailed Explanation of Cluster Analysis in Business
In business, cluster analysis is a powerful tool for creating target-marketing strategies. By segmenting the customer base into distinct groups based on their purchasing behavior, demographics, or preferences, companies can develop more personalized and effective marketing campaigns. Here are detailed steps and benefits of using cluster analysis in business:
Data Collection: Gather comprehensive customer data, including purchase history, demographics, and online behavior.Data Analysis: Use statistical software to analyze the data and identify patterns or similarities among customers.Segment Creation: Group customers into clusters that share common characteristics.Targeted Strategies: Develop customized marketing strategies for each cluster to address their specific needs and preferences.Performance Monitoring: Continuously monitor the effectiveness of these strategies and adjust them as needed to improve results.
For example, a company might find that one cluster consists of young adults interested in eco-friendly products. The company can then tailor its marketing for this group by emphasizing the sustainability of their products, offering eco-friendly promotions, and engaging with these customers through relevant social media channels.
A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 per slice, $1,234.00 as monthly rental and $225.00 monthly as insurance. They consider the cost of lost sales as $5.00 per item. They are able to sell any leftover sandwiches for $3. They prepares 200.00 sandwiches and sells them at a rate of $15.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 228.00. How much profit did the restaurant earn today?
Final answer:
The restaurant earned a profit of $2,421.64 today after accounting for increased sandwich sales, loss of sales for the extra sandwiches needed, rent, and insurance costs.
Explanation:
To calculate the profit earned by the restaurant today, we first need to consider the revenue from sandwiches sold on the day of the party at the nearby office. Since the restaurant prepared 200 sandwiches but the increased demand led them to sell 228 sandwiches, they had to cover 28 sandwiches for the lost sales but also earned extra revenue from these additional sales.
The revenue for the sold sandwiches is calculated as the selling price ($15) times the number of sandwiches sold (228), which equals $3,420. Now, we also need to consider the cost of goods sold (COGS), which is the raw material cost per sandwich ($4) times the number of sandwiches prepared (200), amounting to $800. However, because not all 228 sandwiches were available, the restaurant incurred a cost for lost sales for the additional 28 sandwiches which is $5 per sandwich, in total $140.
Because these are the costs and revenues of the restaurant for one day only, we will also divide the monthly rental ($1,234) and monthly insurance ($225) by the days open in a month (25) to find the daily costs that amount to $49.36 for rent and $9 for insurance. Adding these to the daily COGS gives a total daily cost of $998.36.
The profit for the day is then calculated as the revenue minus the total cost: $3,420 (revenue) - $998.36 (total cost) = $2,421.64. So, the restaurant earned a profit of $2,421.64 on the day of the party.
which of the following best describes message flows? Multiple Choicea) message flows are continuous with each poolb) message flows are modeled with solid arrowsc) message flows represent exhcanges between poolssd) message flows may not cross pool boundariese) message flows may not cross lane booundaries
Answer:
message flows are modeled with solid arrows
Explanation:
In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.
Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.
Message flows, in BPMN, represent the exchanges of messages between different pools or process diagrams. They are represented by dashed arrows and can cross both pool and lane boundaries unlike sequence flows.
Explanation:In the context of Business Process Model and Notation (BPMN), message flows are used to demonstrate the exchange of messages between pools, or between different process diagrams. Therefore, the correct answer to your question is 'message flows represent exchanges between pools'.
Message flows are not restricted by pool or lane boundaries; they can cross these boundaries in order to show interactions between distinct entities. They are typically represented with dashed arrows, not solid ones. This differentiates them from sequence flows, which are depicted with solid arrows and do represent activities within a single pool.
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Business Insider released a list of the 50 best U.S. employers, and the number one company was a surprise: the biopharmaceutical firm Celgene. Firms invest in their __________ resources by offering excellent pay and benefits.
a) human
b) tangible
c) intangible
Explanation:
because Human capital formation is intangible force and
Investment made in this force will always bring highly unexpected results.
ian's team just had a research breakthrough. They'll need several thousands of dollars to complete the project. Brian has called a series of meetings in which he's promoting the significance of the new discovery, explaining the economic benefits that will result from the final project, and answering questions.
Brian is a(n) ________ within his company.
A) change agent
B) arbitrator
C) manipulator
D) idea champion
E) stress creator
Answer:
D. idea champion
Explanation:
Idea champion -
It refers to the people , who is very enthusiastic in nature and is always ready to motivate and support the team , is referred to as the idea champion.
An idea champion tries to adapt better ideas and tries to implement for the betterment of the team .
Hence, from the given scenario of the question,
The correct option is D. idea champion .
If the interest rate is 8%, what is the 4-year discount factor? What is the 4-year annuity factor? What is the relationship between these two numbers? Explain.
Answer:
Discount factor will be 0.735
And annuity factor will be 3.312
Explanation:
We have given rate of interest r = 8 %
Time period n = 4 year
We have to calculate discount factor
Discount factor is equal to [tex]=\frac{1}{(1+r)^n}=\frac{1}{(1+0.08)^4}=\frac{1}{1.08^4}=0.735[/tex]
So discount factor will be equal to 0.735
Annuity factor is equal to [tex](1-\frac{\frac{1}{(1+r)^n}}{r})[/tex]
So annuity factor will be equal to [tex](1-\frac{\frac{1}{(1+r)^n}}{r})=(1-\frac{\frac{1}{(1+0.08)^4}}{0.08})=3.312[/tex]
So annuity factor will be 3.312
Annuity factor is determined for a progression of equivalent installment/receipt for indicated time frame.
In any case, discounting factor is determined distinctly for discover the present estimation of sum which will be put resources into year 4.
The 4-year discount factor is approximately 0.7350, while the 4-year annuity factor is approximately 3.3122. Annuity factor applies discount factor to annuities.
Certainly, let's calculate the 4-year discount factor and the 4-year annuity factor without using LaTeX:
1. 4-Year Discount Factor:
- The formula for the discount factor is:
Discount Factor = 1 / (1 + Interest Rate)^Number of Periods
- Given an interest rate of 8% and 4 years, plug in the values:
Discount Factor = 1 / (1 + 0.08)^4
Discount Factor ≈ 0.7350
2. 4-Year Annuity Factor:
- The formula for the annuity factor is:
Annuity Factor = (1 - (1 + Interest Rate)^(-Number of Periods)) / Interest Rate
- Given an interest rate of 8% and 4 years, plug in the values:
Annuity Factor = (1 - (1 + 0.08)^(-4)) / 0.08
Annuity Factor ≈ 3.3122
Relationship:
- The discount factor is used to find the present value of a single future cash flow.
- The annuity factor is used to find the present value of a series of equal cash flows over time.
- The annuity factor incorporates the interest rate and the number of periods to calculate the present value of the annuity.
In summary, the discount factor and annuity factor are related in that they both calculate present values but for different scenarios. The annuity factor is essentially the discount factor applied to an annuity.
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Calculating Present Values. Suppose you are still committed to owning a $150,000 Ferrari (see Question 9). If you believe your mutual fund can achieve a 10.25 percent annual rate of return, and you want to buy the car in 10 years on the day you turn 30, how much must you invest today?9. Calculating Present Values. Suppose you are still committed to owning a $150,000 Ferrari (see Question 9). If you believe your mutual fund can achieve a 10.25 percent annual rate of return, and you want to buy the car in 10 years on the day you turn 30, how much must you invest today?a. PV * (1 + .1025)^10 = $150,000b. PV * (1.1025)^10 = $150,000c. PV * (2.65239)= $150,000d. PV = $150,000/2.65239e. PV = $56,533.42
Answer:
All the options written are the steps involved in solving the problem. The formula that would be used is compounding formula because we have future value which is $150,000 and rate of return which is 10.25%. Furthermore, here n is 10 years time.
The formula is:
Future Value = Present Value * (1 + r)^n
$150,000 = Present Value * (1.1025)^10
$150,000 = Present Value * 2.6524
$150,000 / 2.6524 = Present Value
Present Value = $56553
So the amount that we should deposit in mutual funds today to buy Ferrari is $56553. The difference is due to rounding off.
The market price of pizzas in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because the price of dough, an important ingredient for making pizzas, has decreased. Other students attribute the decrease in the price of pizzas to a recent increase in the price of beer. Everyone agrees that the increase in the price of beer was caused by a recent increase in the price of grain, which is not generally used in making pizzas. The first group of students thinks the decrease in the price of pizzas is due to the fact that the price of dough, an important ingredient for making pizzas, has decreased.
Answer:
The supply curve will shift rightward
Explanation:
Increase in the supply leads to a rightward shift in the supply curve and ultimately a decrease in the price. Likewise, a decrease in supply leads to a leftward shift in the price curve. According to the first group, the price of pizza decreased due to the price of dough which means that the supply of pizza will increase and the supply curve will shift rightward.
Which of the following measures how the level of well-being in a country has changed over time? a. level of nominal GDP per person. b. growth rate of nominal GDP. c. growth rate of real GDP. d. growth rate of real GDP per person.
Answer:
d. growth rate of real GDP per person.
Explanation:
The level of well being of a country can be found by considering the price-index, i.e The real GDP per person and not nominal GDP per person.
Echo Air Company (EAC)Echo Air Co. is a well-known establishment in the airline business. It is currently one of the top firms in the industry. The company prides itself on good customer service and being concerned with the broader societal good. EAC management is not only concerned with doing things right, but also with doing the right things. Many of their decisions reflect this philosophy. Initially, the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAC management.
As a result, the company made sure its employees knew the firm's guidelines on fixing ethical issues. EAC also developed a code of conduct based on standards that continue to be upheld within the company. Since the code of conduct has been put in place,there have been fewer ethical violations.Although employee salaries at EAC are not as high as those at competing firms, the company experiences very low employee turnover. The firm has created a corporate culture that not only makes its employees want to stay, but that also results in higher profits.
If EAC can maintain the relationship it has built with its employees and customers, it will have little difficulty keeping up its remarkable success. Refer to Echo Air Company. Initially, employees were not willing to go to EAC management with ethical issues but would instead report them to the press.
This is an example of :A. whistle-blowing.B. a social audit.C. poor employees.D. opportunity emptor.E. a narc.
Answer:
A. whistle-blowing.
Explanation:
Whistle-blowing occurs when an employee exposes information of wrong-doing, unethical practice, or illegal actions. The information released can either be to internal authorities or it can be released to external parties.
When an employee does not have confidence that appropriate action will be taken on the information provided, employees tend to go to external parties with the information.
This was the case with EAC above where the staff were going to the press. EAC now set up a whistle-blowing framework that increased employee confidence and reduced turn-over.
The scenario described in the Echo Air Company where employees reported questionable actions to the press is an example of whistle-blowing. Whistle-blowing means revealing misconduct within an organization to the public or those in authority. Implementation of a code of conduct by the company reduced such behavior.
Explanation:In the context of Echo Air Company (EAC), the initial incident where employees were reporting their suspicions about unethical behavior to the press instead of EAC management is an example of whistle-blowing. Whistle-blowing refers to the act of revealing misconduct within an organization to the public or to those in positions of authority. The employees felt compelled to expose the perceived unethical behavior, but chose to do so externally by speaking to the press, rather than internally with their own management.
After this behavior was addressed and a code of conduct was implemented at EAC, there was a noted decline in ethical violations. This suggests that clear company guidelines and a robust ethical frame of reference can be effective measures to handle such issues internally and prevent negative publicity due to whistle-blowing.
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What are strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process?
Strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process are key concepts in business and strategic management. They involve a firm's ability to outperform rivals, achieve its long-term goals, maximize shareholder value, and successfully adapt to changing circumstances.
Explanation:Strategic competitiveness is the ability of a firm to formulate and implement strategies that will allow it to maintain and improve its position within the market, compared to its competitors. It's a firm's hard-won position in a competitive marketplace and the ability to create value for customers and stakeholders.
Strategy is the framework or course of action designed to achieve long-term goals. It's the blueprint of how a business will achieve its objectives, including the detailed planing and tactics involved in meeting those objectives.
Competitive advantage is a unique advantage that allows a company to outperform its competitors. This could be due to a range of factors, like superior product quality, lower cost, better customer service and others.
Above-average returns refer to the assumption that a firm's primary goal is to maximize the return to its shareholders by achieving returns on investment that exceed those expected given its level of risk.
The strategic management process is a set of activities aimed at ensuring that an organization is being managed in a manner that allows it to adapt to changes, meet the needs of customers, and fulfill its objectives. This process often includes goal setting, analysis, strategy formation, strategy implementation and strategy monitoring.
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Strategic competitiveness is achieved through successful strategy implementation. A company has a competitive advantage when it implements a unique value-creating strategy, potentially leading to above-average returns. The strategic management process consists of five steps: goal-setting, analysis, strategy formation, strategy implementation, and strategy monitoring.
Explanation:Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy. Strategy in the business context refers to an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. A company has a competitive advantage when it is implementing a value creating strategy not simultaneously being implemented by any current or potential competitors.
Above-average returns are returns in excess of what an investor expects to earn from other investments with a similar amount of risk. Returns are considered above-average if they exceed the industry standard or market average. These often result from a competitive advantage.
The strategic management process is a sequential set of analyses and choices that can increase the likelihood that a firm will choose a strategy that generates competitive advantages. It includes five stages: goal-setting, analysis, strategy formation, strategy implementation, and strategy monitoring.
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When TOMS first introduced their shoes, they created a shoe that was extremely simple and cheap to produce. But the firm made a promise that for each pair of shoes a consumer buys, they would give a pair of shoes to someone who needed shoes.
This is what kind of philosophy?
a. internal -personal
b. market
c. social econimic
d. societal
Answer:C. social economic
Explanation:Social economic phylosophy is the kind of phylosophy,that deals or considers the society in making Economic decisions.
Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.
The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.
Answer:
The correct answer is letter "C": social economic.
Explanation:
Social economics studies the relationships between society and its economy. It focuses on individuals' and organizations' behavior and how they interact with each other according to their needs and expectations. Part of that interaction implies the contribution of each party towards the other parties' satisfaction (company-consumer relationship).