A stock has a beta of 0.15. The risk free rate is 0.583% and the market risk premium is 5%. What is the fair return on the stock

Answers

Answer 1

The fair return on the stock can be calculated by multiplying the stock's beta with the market risk premium and adding the risk-free rate. In this case, the fair return on the stock would be approximately 1.3335%.

The fair return on a stock is determined by taking into account its risk as compared to the overall market. Beta is a measure of a stock's volatility in relation to the market. A beta of 0.15 suggests that the stock is less volatile than the market as a whole.

To calculate the fair return, we multiply the stock's beta by the market risk premium and add the risk-free rate. The market risk premium is the excess return expected from investing in the market compared to a risk-free asset. In this case, the market risk premium is 5%.

Fair Return = Risk-Free Rate + (Beta × Market Risk Premium)

Fair Return = 0.583% + (0.15 × 5%)

Fair Return ≈ 0.583% + 0.75%

Fair Return ≈ 1.3335%

Therefore, the fair return on the stock is approximately 1.3335%. This indicates the expected return investors should demand for bearing the risk associated with investing in this particular stock, taking into consideration its lower volatility compared to the market.

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Related Questions

you choose option b for overdraft options. assume that you have $30 in your checking account and $50 in your savings account. what would happen if you tried to take out $45 at the grocery store using your debit card?

Answers

One of the most influential voices in this movement was Ida Tarbell, a pioneering journalist and historian who is widely credited with helping to bring down the Standard Oil monopoly.

Tarbell grew up in Pennsylvania, the heart of the oil industry, and was familiar with the power and influence of Standard Oil and its founder, John D. Rockefeller.

In 1902, Tarbell began a series of articles for McClure's magazine that would eventually become a book, ""The History of the Standard Oil Company."" Drawing on exhaustive research and firsthand interviews with former employees and competitors of Standard Oil, Tarbell exposed the company's corrupt and anticompetitive practices, including its use of predatory pricing, secret rebates, and other tactics to stifle competition and control the oil industry.

Tarbell's work was groundbreaking, not only for its meticulous research and reporting but also for its impact on public opinion and policy. Her articles and book helped to galvanize support for antitrust legislation and the breakup of Standard Oil, which was eventually ordered by the Supreme Court in 1911. Tarbell's legacy as a pioneering journalist and reformer continues to inspire and influence journalists and activists today.

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Final answer:

If you choose overdraft option b, you can overdraw from your checking account. With $30 in your checking account and $50 in your savings account, you can take out $45 at the grocery store and end up with a negative balance of -$15 in your checking account.

Explanation:

If you choose option b for overdraft options, the bank will allow you to overdraw from your checking account if you don't have enough funds in it. In this case, you have $30 in your checking account and $50 in your savings account. Therefore, if you try to take out $45 at the grocery store using your debit card, the bank will allow the transaction to go through, but you will end up with a negative balance of -$15 in your checking account.

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simple interest on an installment loan is charged only against the initial loan principal.
T/F

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The statement that simple interest on an installment loan is charged only against the initial loan principal is false.

In the case of an installment loan, simple interest is typically charged on the outstanding balance of the loan, not just the initial principal amount. Simple interest is calculated based on the principal amount borrowed and the interest rate, and it accrues over the duration of the loan. As each payment is made towards the loan, a portion goes towards reducing the principal amount and the remaining portion is applied to interest charges. Over time, as the principal balance decreases, the interest charges also decrease, resulting in a lower total interest paid over the life of the loan. Therefore, the interest is not solely charged against the initial loan principal but is recalculated based on the remaining balance. This approach ensures that interest is applied proportionally to the outstanding amount owed, providing a fair and accurate representation of the interest charges throughout the loan term.

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Ph 897.00
780.00
help po​

Ph 897.00780.00 help po

Answers

Answer: Ph 1,677.00

Explanation:

Judging by the structure of this question, I believe this is an addition problem.

Add the numbers using the method in the picture:

      897.00

   +  780.00

    1,677.00

= Ph 1,677.00

mention one Islamic song and recitation​

Answers

Answer:

islamic song: SURAH AL IMRAN HOLY QURAN,  BEAUTIFUL HOLY QURAN

I hope it helps you

Read this excerpt describing the mission of the World Bank.

The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.

It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.

According to this excerpt, what is one major way in which the World Bank differs from a regular bank?

The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.

Answers

Answer:

The World Bank is a source of financial assistance.  

Explanation:

The World Bank serves people of different income levels but regular banks do that.

The World Bank aims to improve living standards, no because it is more for hep  developing countries.

The World Bank provides low-interest loans and credit but there is a better answer.

The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit

The World Bank aims to improve living standards.

What is the role of the World Bank in globalization?

The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics

What are the important global roles that World Bank plays?

The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.

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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:

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There is no chart present.

How could government – sponsored grants for the private development of new technologies result in a lower national debt?

Answers

Answer: Making initial development private saves the government from funding all of the research.

Explanation:

A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.

Government award grants for the development of technologies, community projects, home insulation etc.

With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.

If ending net fixed assets are $100, beginning fixed assets are $40, and depreciation is $10, then the change in capital spending is _____.

Answers

The ending net fixed assets and then adding the depreciation. In this case, the change in capital spending is $70.

The change in capital spending can be calculated by subtracting the beginning fixed assets from the ending net fixed assets and then adding the depreciation.
Change in Capital Spending = Ending Net Fixed Assets - Beginning Fixed Assets + Depreciation
Given that the ending net fixed assets are $100, the beginning fixed assets are $40, and the depreciation is $10, we can substitute these values into the formula:
Change in Capital Spending = $100 - $40 + $10
Simplifying the expression, we have:
Change in Capital Spending = $60 + $10
Change in Capital Spending = $70
Therefore, the change in capital spending is $70.
To summarize, the change in capital spending is calculated by subtracting the beginning fixed assets from the ending net fixed assets and then adding the depreciation. In this case, the change in capital spending is $70.

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what types of services are offered by 2022 altima’s available nissanconnect® services powered by siriusxm®?

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The types of services offered by the 2022 car is known as Convenience, Safety and Security.

The car's nissan-connect is a special features which allows the driver or car-user to remotely access the vehicle functions from the mobile device or smart-watch.

Hence, the section of navigation, entertainment and security are remotely control through the device specifically produced for the car.

In conclusion, the types of services offered by the 2022 car is known as Convenience, Safety and Security.

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Match the following.

1. the system responsible for carrying blood through the body; the blood carries important nutrients, oxygen, and waste
2. an organism that can only be seen under a microscope; it cannot be seen with the human eye
3. an instrument used to magnify objects
4. critical element needed for cellular respiration; the brain cannot survive without oxygen

circulatory system
microorganism
oxygen
microscope

Answers

Answer:

1. Circulatory system

2.Microorganism

3. Microscope

4. Oxygen

which one of the following statements regarding corporations is correct?A. A corporation is a separate legal entity.B. A corporation has easy transferability of ownership.C. A corporation may have the ability to raise large amounts of capital.D. A corporation's owners have unlimited liability.

Answers

A corporation is a separate legal entity is a most correct  among the following regarding corporation.

Option A is correct.

Corporation:

A corporation is a type of business owned by shareholders who elect a board of directors to oversee the company's operations. The business's actions and finances are the responsibility of the corporation, not the shareholders.

What is a corporation's purpose?

Academics refer to the "shareholder primacy norm," and many refer to the task of corporate managers as "shareholder wealth maximization." Today, the standard response is that a corporation exists to benefit its shareholders.

What is the corporate structure?

A management team and a board of directors make up the most common corporate structure in the United States. Most of the time, there are both inside directors who work every day at the company and outside directors who can make sound decisions.

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The value of the next best alternative is an example of
Group of answer choices
None of the answers is correct.
marginal cost (i.e., change in cost for 1 more unit produced)
average cost (i.e., total cost divided by units produced)
opportunity cost (i.e., returns of a possible option minus returns of a chosen option)

Answers

Main answer: The value of the next best alternative is an example of opportunity cost.Explanation: Opportunity cost refers to the value of the next best alternative that is foregone

when making a choice. It represents the potential benefit or return that could have been gained by choosing an alternative option instead of the one selected. In other words, it is the cost of choosing one option over another.Opportunity cost is an important concept in decision-making and economics. When resources are limited, choosing one option typically means sacrificing the potential benefits of other options. By considering the opportunity cost, individuals and businesses can assess the trade-offs involved in their choices and make more informed decisions. For example, if a person decides to spend their money on buying a new smartphone, the opportunity cost would be the value of the next best alternative, such as using the money to invest in stocks or saving it for future expenses. By recognizing the opportunity cost, individuals can evaluate the benefits and drawbacks of different choices and make decisions that align with their priorities and goals.

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Which position in a business manages cash and cash equivalents?


-financial accountant
-controller
-cost accountant
-treasurer

Answers

Answer:

Financial Accountant

Explanation:

true or false: it will cost a company more money to make contact with each individual retailer in a concentrated retail system.

Answers

It will cost a company more money to make contact with each individual retailer in a concentrated retail system: False

A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.

There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each has its own benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-term sustainable returns, and each word in that phrase is vital.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

a mutual fund that stands ready to sell new shares to investors and to redeem

Answers

A mutual fund is a financial investment vehicle that pools money from a large number of investors to buy securities such as stocks, bonds, and other assets. This type of investment provides investors with access to a diversified portfolio of securities, which is managed by a professional fund manager.

A mutual fund is a financial investment vehicle that pools money from a large number of investors to buy securities such as stocks, bonds, and other assets. This type of investment provides investors with access to a diversified portfolio of securities, which is managed by a professional fund manager.
A mutual fund that stands ready to sell new shares to investors and to redeem is called an open-end fund. An open-end fund is a type of mutual fund that can issue an unlimited number of shares to investors and can redeem them as well. This means that the number of outstanding shares can change on a daily basis, based on the demand from investors.
Open-end funds are commonly used by individual investors, as they allow them to invest small amounts of money and provide easy access to a diversified portfolio of securities. In addition, open-end funds provide liquidity to investors, as they can redeem their shares at any time, usually for the net asset value (NAV) of the fund.
One of the advantages of investing in an open-end fund is that it provides diversification, which reduces the risk of loss due to fluctuations in the market. Additionally, open-end funds offer professional management, as they are managed by experienced fund managers who are responsible for investing the money in the fund.
In conclusion, open-end funds are a popular type of mutual fund that provides investors with access to a diversified portfolio of securities. They offer liquidity, diversification, and professional management, which makes them an attractive investment option for individual investors who want to invest in the stock market.

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Marissa and raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the idea of unlimited liability. If they wish to remain as the only two owners of the business, which form of business entity should they consider to replace their current arrangement?.

Answers

If they hope to keep enjoying their tax status but without unlimited liability, they should set up a limited liability company.

Features of a limited liability company. Partner liability is only limited to amount invested. Allows between two and more than a thousand partners.

If Merissa and Raj set up a limited liability company, they will no longer be bound by unlimited liability and can be the sole owners of the company.

In conclusion, they should set up a limited liability company.

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if a company sold merchandise for a $230,000 cash down payment and $310,000 on account and if the cost of the merchandise sold is $212,000, what is the amount of gross profit?

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The amount of gross profit from the sale of merchandise for a $230,000 cash down payment and $310,000 on account, with a cost of goods sold of $212,000, is $328,000. The gross profit is calculated as total revenue minus the cost of goods sold.

The amount of gross profit can be calculated as follows:

Gross Profit = Total Revenue - Cost of Goods Sold

Total Revenue = Cash Down Payment + Accounts Receivable = $230,000 + $310,000 = $540,000

Cost of Goods Sold = $212,000

Gross Profit = $540,000 - $212,000 = $328,000

Therefore, the amount of gross profit is $328,000.

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The gross profit from the sale of items for a cash down payment of $230,000 and an account payment of $310,000, with a cost of goods sold of $212,000, is $328,000. The gross profit is computed by subtracting total revenue from the cost of products sold.

The amount of gross profit can be calculated as follows:

Gross Profit = Total Revenue - Cost of Goods Sold

Total Revenue = Cash Down Payment + Accounts Receivable = $230,000 + $310,000 = $540,000

Cost of Goods Sold = $212,000

Gross Profit = $540,000 - $212,000 = $328,000

Therefore, the amount of gross profit is $328,000.

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Long Life Floors is expected to pay an annual dividend of $4 a share and plans on increasing future dividends by 3 percent annually. The discount rate is 14 percent. What will the value of this stock be 5 years from today (in $ dollars) $___

Answers

The value of the stock of Long Life Floors is expected to be $25.58 in 5 years. To calculate the value of the stock, we can use the dividend discount model (DDM) which values a stock based on the present value of its future dividends.

In this case, the annual dividend is expected to be $4, and it is projected to increase by 3 percent annually.

Using the dividend discount model, we can calculate the present value of the future dividends. We sum up the present value of each dividend using the formula: Present Value = Dividend / (1 + Discount Rate)^n, where n represents the number of years.

In this case, we are interested in the value of the stock 5 years from today. So we calculate the present value of the dividends for years 6, 7, 8, and 9. The present value of the dividends for year 5 is calculated using the formula: Present Value = $4 / (1 + 0.14)^5 = $2.249.

Next, we calculate the present value of the future dividends for years 6, 7, 8, and 9. We take the present value of $2.249 and increase it by 3 percent each year. The present value of the dividends for years 6 to 9 can be calculated similarly.

Finally, we sum up the present values of the future dividends to obtain the value of the stock 5 years from today. Adding up the present values of the dividends for years 5 to 9, we get a total of $25.58. Therefore, the value of the stock of Long Life Floors is expected to be $25.58 in 5 years.

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the financial institution most likely to charge the highest rate for a loan would be a

Answers

They also frequently lend to borrowers who pose a higher risk of default, making them non-deposit taking institutions like finance companies or loan sharks that must charge higher interest rates to offset the higher risk.

A finance company? What do visitors mean by that?

a finance company is a type of financial institution that offers credit for the acquisition of services and goods by either buying the time-sales contracts from retailers or by making small loans to customers directly.

What is an illustration of a finance company

For instance, many customers of General Motors who buy cars get their loans from General Electric Acknowledgement Corporation (GMAC). Ford Motor Credit Corporation (FMCC) is owned by the Ford Motor Company, and Daimler Peugeot Financial Services is owned by Daimler Chrysler.

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How important is financial planning for your future?

Answers

Explanation:

Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.

Which of the following statements regarding revenues and expenses is true?
A. Both revenues and expenses typically have credit balances.
B. Revenues and expenses are considered assets and liabilities, respectively.
C. Revenue is the same as cash.
D. Expenses decrease the amount of stockholders' equity.

Answers

C. Revenue is the same as cash. Choose all of the following statements about revenues and costs that are accurate. The quantity of goods or services given to a customer multiplied by the price equals revenue.

Expenses are the business-related costs required to generate revenues. On the income statement, expenses and revenues are detailed. The quantity of goods or services given to a customer multiplied by the price equals revenue. Expenses are the business-related costs required to generate revenues. On the income statement, expenses and revenues are detailed. - Even if payment is not received until a later accounting period, revenues are recorded as soon as the goods or services are rendered.

C) There are three parties involved in each receivable transaction. D) Receivables develop when a company makes loans. Which of the following is true?

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QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting, and the one with the most votes wins. This is an example of:

Answers

Answer:

majority rule

Explanation:

What is the basic premise of the classical viewpoint of management?

Answers

Money that’s all I got to say I’m in a 2.3 million dollar house so I say it’s all money my man

Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.

Answers

Answer:

The answer is A. It will provide consumers with more choice at lower prices.

Explanation:

Option (a), which will give customers more choices at a reduced cost, is the best choice.

What is a likely outcome of an increase in international trade?

Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.

Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.

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the difference between what buyers pay for a unit of a good and what sellers receive is known as the: cost of production. brokerage fee. tax. overhead.

Answers

The difference between what buyers pay for a unit of a good and what sellers receive is known as the cost of production.

Cost of production includes all the costs of production, such as labor, material costs, overhead, taxes, and other related costs. It also takes into account any brokerage fees and other costs associated with production.

Cost of production is used to determine the selling price of a good, as the selling price must at least cover the cost of production.

For example, if the cost of production for a good is $2, the selling price of the good should be at least $2 in order for the seller to make a profit.

Cost of production is important for both buyers and sellers, as it helps buyers determine the value of a good and helps sellers determine a competitive selling price. It is also important for governments, as it helps them set taxes or other fees on certain goods in order to generate revenue.

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When something is grown and harvested in the same country it is distributed in, it can be considered what?
capital
international
duties
domestic

Answers

Answer:

domestic

Explanation:

In business, domestic refers to the home country of the producer or consumer. The domestic market is the market within the borders of the seller's country.  Domestic contrasts with international, which refers to beyond the borders of a country.

Products that are produced and distributed within the country are domestic products. They are often referred to as local products. Domestic goods become exports if sold outside the borders of their country of origin.

The difference between hours of sleep needed and actual hours slept is a. sleep inertia. b. sleep pattern. c. sleep ratio. d. sleep debt.

Answers

The difference between needed and actual sleep hours is known as (D) sleep debt.

What is sleep debt?

Sleep debt is the discrepancy between required and actual sleep hours.

When you don't get enough sleep over several days, your sleep debt increases day by day.

For instance, if a person needs 8 hours of sleep but only gets 6, that person will accrue a 2-hour sleep debt for the day.

According to research, recovering from one hour of lost sleep can take up to four days, and paying off sleep debt can take up to nine days.

Our body recovers to its normal state after fully recovering from sleep debt, lowering the hazards related to sleep deprivation.

Therefore, the difference between needed and actual sleep hours is known as (D) sleep debt.

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Stephenson, a corporate executive, earns a salary of $500,000 per year. in addition, stephenson owns and participates in a separate business. the business produces a loss of $75,000 during the year. if stephenson materially participates in the business, the $75,000 loss is an active loss that may offset stephenson's active income from the corporate employer.

Answers

Yes, if Stephenson materially participates in the business, the $75,000 loss is an active loss that may offset Stephenson's active income from the corporate employer.

This means that Stephenson's taxable income from the corporate employer can be reduced by the amount of the business loss. This can result in a lower overall tax liability for Stephenson.

The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability. In general, you owe taxes when you earn money or make gains off of the sale of an investment or other item.

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virgil corporation has a selling price of $39 per unit, and variable costs of $30 per unit. when 14,000 units are sold, profits equaled $27,000. how many units must be sold to break even?

Answers

In order to calculate the number of units that must be sold to break even, we must use the formula Break Even Point = Fixed Costs / (Selling Price - Variable Costs).

In the case of Virgil Corporation, the fixed costs are $27,000 and the selling price is $39 per unit with the variable costs of $30 per unit. We can then plug these values into the equation and solve for the break even point. 27,000 / ($39 - $30) = 6,750 units. This means that Virgil Corporation must sell 6,750 units in order to break even.

To break even, a company must sell its products in a quantity such that its total sales revenue is equal to its total costs. This is known as the break even point. In order to calculate the break even point, we must use a combination of the selling price, variable costs, and fixed costs associated with the product. Here, we can determine the break even point for Virgil Corporation by solving the equation Break Even Point = Fixed Costs / (Selling Price - Variable Costs). By plugging in the given values, we can determine that Virgil Corporation must sell 6,750 units in order to break even.

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Identify the possible challenges & concerns related to cost and standard of living in United State why are Fungai unable to live in dry areas iscuss THREE ways that acquiring a university degreebuth African women. what does a traditional economy do? to simulate call by reference when passing a non-array variable to a function, it is necessary to pass the _____ of the variable to the function. Which statement is true about military service in the United States Labor resources: Group of answer choices include only physical activities. include only skilled labor. include human effort involved in the production of goods, but not services. include both physical and mental activities. 1. For each equation, decide if it is always true or never true. a.x - 13 = x+1 b.x+12/1/2 = x - 21/1/2 c. 2(x + 3) = 5x + 6 - 3x d. x-3 = 2x - 3 - x e. 3(x - 5) = 2(x - 5) + x Which event is most likely to cause a nontraumatic brain injury?a) cerebral hemorrhageb) fall from a ladderc) knockout punchd) motorcycle crash product is to multiplication; difference is to What is an example of the consideration of visual merchandising? A. online ads using negative space to emphasize text B. social media videos with contrasting, bright images C. sponsored search engine results being shown in bold D. kids cereal boxes shelved about four feet high True or False: A young, single, and childless person might buy life insurance when there is a personal or family history of medical problems that might disqualify him or her from coverage later on when there is a need for it. You are playing a game with a friend. It costs you $2 to play. If you roll a 1 on a 6-sided die you win $4. If you roll a 2, 3, 4, 5, or 6 you win nothing and lose $2 the cost to play. How much should the player be willing to pay to play this game and not lose money in the long run? Main idea of chapter 5 A young peoples history of the United States (need a paragraph) How does and digital camera work The amount of money you have after investing $400 for 8 years and $600 for 6 years at the same interest rate is represented by 400x8+600x6, where x is the growth factor. classify the polynomial by the number of terms. what is its degree? A suburban homeowner, decided to resurface, with bricks, the concrete area surrounding his pool. Thomas purchased from Fixit, a local home improvement store, a concrete cutter manufactured by Reddy, which had a blade manufactured by Kutter. He then took the concrete cutter home and assembled it following the instructions provided by Reddy.The blade that Thomas purchased was clearly labeled "Wet." Although no instructions or warnings came with the blade, Reddy included several warnings throughout the instructions to the concrete cutter stating, "If using a wet blade, frequently water the blade and surface being cut to avoid risk of blade degradation." No other warnings relating to the blade were included.Thomas began cutting the concrete with the concrete cutter without using water. Less than five minutes into the job he noticed that the cutter was vibrating excessively. He turned the machine off by hitting the "kill switch" located near the blade at the bottom of the cutter, with his right foot. The cutter's handle did not have a "kill switch." After carefully examining the concrete cutter and blade, Thomas became convinced that nothing was wrong and continued to operate it. Nevertheless, within seconds, the concrete cutter again began vibrating violently.As Thomas reached with his right foot to hit the "kill switch" again, the blade broke into pieces, forced off the cutter's safety guard, spiraled into Thomas's right foot and caused permanent injuries.On what theory or theories might Thomas recover damages from and what defenses may reasonably be raised by:1. Reddy? Discuss.2. Kutter? Discuss.3. Fixit? Discuss. what's the answer to my problem Declare and initialize an array named myVals that stores 10 elements of type int with default values, and assign variable x with the value stored at index 8 of array myVals. Building on case project 13-1, you want to be able to check the status of the blinds and make them controllable using your mobile phone through your home network. you also want to have a series of indicators on the device that indicate the following status conditions: 1. power is applied to the device. 2. the device detects someone in the room. 3. direct sunlight is detected. 4. it is dark. what hardware changes do you need to make to this project