The bond's yield to maturity is approximately 7.0%.
To calculate the yield to maturity (YTM) for the bond, we need to use the present value formula and solve for the YTM:
PV = (C / (1 + YTM/2)^t) + (C / (1 + YTM/2)^(t+1)) + ... + (C + Par / (1 + YTM/2)^(t+n))
Where:
PV = Present value of the bond (given as $1,300)
C = Coupon payment (10% of par value, so $100)
YTM = Yield to maturity (what we need to calculate)
t = Number of coupon periods remaining until maturity (22 periods, since 30 - 8 = 22)
n = Total number of coupon payments (44 periods, since there are 2 payments per year for 30 years)
We can use trial and error or numerical methods to solve for the YTM. However, it's more convenient to use financial functions available in spreadsheets or financial calculators.
Using the YIELD function in Microsoft Excel, we can calculate the yield to maturity as follows:
YTM = YIELD(settlement, maturity, rate, pr, redemption, frequency, [basis])
Given:
Settlement = $1,300
Maturity = 30 years
Rate = Coupon rate = 10%
Pr = Price = -PV = -$1,300 (negative sign indicates cash outflow)
Redemption = Par value = $1,000
Frequency = Semi-annual payments = 2
Basis = 0 (assuming actual/actual day count convention)
Using the YIELD function in Excel:
YTM = YIELD(-1300, 30*2, 0.1, -1300, 1000, 2, 0)
The calculated YTM for the bond is approximately 0.070, which is equivalent to 7.0% when rounded to three decimal places.
Therefore, the bond's yield to maturity is approximately 7.0%.
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A. what is the marginal cost of the tenth unit of output?b. what is the total cost of producing ten units of output?c. what is the average variable cost of producing ten units of output?d. what is the average fixed cost of producing ten units of output?e. what is the average total cost of producing ten units of output?
Divide the variation in production costs by the variation in quantity to determine marginal cost. Finding the point at which an organization can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis.
By dividing the increase in production expenses by the rise in unit output, marginal cost is obtained. For instance, a business initially spends $100 to produce 100 product units. Then, it spends an additional $50 to produce 100 more units of the product.
Each unit initially costs $1 to produce. The total cost of all the production elements is what it costs to produce a certain level of output. When analyzing economic data, economists frequently employ models with two inputs: physical capital with quantity K and labor with
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For a perfectly competitive firm, marginal revenue: ________
a) is less than price.
b) is greater than price.
c) decreases as the firm increases output.
d) is equal to price.
In a perfectly competitive market, the marginal revenue will be equal to the price. In a perfectly competitive market, there will be a large number of buyers and sellers selling their goods at the same rate. The goods will be homogenous and there will be no difference in the goods sold. In such a case the marginal revenue will be equal to the price of the goods.
Let us assume a perfectly competitive market. A seller will be able to sell whatever quantity he wants at that rate. If the price of the goods is increased he will not have customers. There is no use in reducing the price as the customers are willing to buy the goods at a higher rate. The market is also able to buy all the goods sold by the seller so their marginal revenue will not decrease.
In a perfectly competitive market, the marginal revenue line is a horizontal line. this line will be equal to the price of the goods in the market.
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With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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aco ltd mined diamonds at a cost of fc 1,000,000 and sold them to beako for fc 2,500,000. beako distributed the diamonds to its customers and received fc 4,000,000. if the national vat is 20%, how much tax did beako pay on purchase from aco ltd.
Beako paid FC 250,000 in tax on the purchase from Aco Ltd.
The value-added tax (VAT) is calculated based on the selling price at each stage of the supply chain. Aco Ltd sold the diamonds to Beako for FC 2,500,000. To find the VAT amount, we need to calculate 20% of this selling price.
VAT = 20% x FC 2,500,000 = FC 500,000
Therefore, Beako paid FC 500,000 as VAT on their purchase from Aco Ltd. The VAT paid by Beako represents the tax liability associated with the purchase transaction.
When Beako purchased the diamonds from Aco Ltd, the VAT was levied on the transaction based on the national VAT rate of 20%. The selling price of FC 2,500,000 incurred a VAT amount of FC 500,000. This means that Beako paid FC 500,000 as tax on their purchase.
It's important to note that VAT is a consumption tax imposed on the value added at each stage of production or distribution. In this case, Aco Ltd mined the diamonds and sold them to Beako, who then distributed them to customers. The VAT is collected and remitted by Beako to the tax authority, reflecting the tax liability associated with the purchase transaction from Aco Ltd.
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Which is a risk in IS development?
A. system unavailability
B client requirements
C. design complexity
D. low productivity
Answer: system unavailability
Explanation:
A risk in IS development is system unavailability or asset availability. The correct option is a.
What is system unavailability?System availability which is also known as equipment availability or asset availability is a metric that measures the probability that a system is not failed or undergoing a repair action when it needs to be used.
There are three qualifications that need to be met for a system to be available: Functioning equipment - Not out of service for repairs or inspections, Functioning under normal conditions - Operates in an ideal setting at an expected rate, Functioning when needed - Operational at any time production is scheduled. System availability is used to gauge if an asset’s production potential is being maximized, which has a direct impact on the financial health of a business. System availability is calculated by dividing uptime by the total sum of uptime and downtime.
The formula is System availability = (Actual operation time in hours / Total time in hours) * 100.
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What is gross pay?
when the cost of living rises
salary before taxes
salary after taxes
legal payment for work completed
Which of these is an example of qualitative data?
A. A report on the annual sales for a popular children's toy
B. The results of a survey asking whether someone prefers sweet or
sour candy
C. A graph showing how many times people purchase candles
D. A report on how many items were returned to a major clothing
store
Form of owner ship for a swimming pool repair
Answer:
Explanation: Swimming pool repair - it is likely this business would best be structured a corporation or a limited liability partnership
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Please I need help!!!
Answer:
Marketing is promoting and selling products or services, including market research and advertising. This is important to the economy because it promotes different businesses and people to buy their products/services. It also supplies more jobs in general throughout the economy. People are affected by marketing all the time! From seeing a commercial on TV to the radio to an add on Instagram, it influences our opinions, beliefs, and our everyday decisions.
Galla Incorporated needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 5,000 units. Additional information is as follows: Variable Costs per Unit Fixed Costs (total) Direct materials $ 12 Overhead $ 45,000 Direct labor 13 General and administrative 18,000 Overhead 11 General and administrative 17 Using the total cost method what price should Galla charge
Using the total cost method, the price that Gala Incorporated should charge for the new product is $56.50.
Given that Gala Incorporated needs to determine the price of a new product and they desire a 25% markup on the total cost of the product. Gala expects to sell 5,000 units and the variable costs per unit are: Direct materials = $12Direct labor = $13Overhead = $11,
Using the above information, we can find out the total cost of the product as follows: Total cost per unit = Variable cost per unit + Fixed cost per unit Total cost per unit = (Direct materials + Direct labor + Overhead) + (Overhead + General and administrative)Total cost per unit = ($12 + $13 + $11) + ($11 + $18)Total cost per unit = $65.
Now that we know the total cost per unit, we can use the following formula to determine the price of the product: Price per unit = Total cost per unit / (1 - Desired markup percentage)Price per unit = $65 / (1 - 0.25)Price per unit = $86.67.
Now, using the price per unit we can calculate the total revenue as follows: Total revenue = Price per unit × Number of units sold Total revenue = $86.67 × 5,000Total revenue = $433,350Finally, we can calculate the profit as follows: Profit = Total revenue - Total cost Profit = $433,350 - ($65 × 5,000)Profit = $433,350 - $325,000Profit = $108,350.
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after having a stroke, husband (h), anxious to avoid going into a nursing home or being cared for by professional nurses, entered into an agreement with wife (w). h promised w that if w personally cared for him at home for the rest of his life, h would devise her certain property by will. in compliance with the agreement, w personally cared for h at home until his death. when he died, h devised the property promised to w to his daughter by a prior marriage. can w enforce the contract?
The wife possesses all the right to challenge the conduct legally and can enforce the promise by the adoption of the principle of Estoppel
It is a legal concept that prohibits people from arguing against or asserting rights that are in conflict with what they have already said or what has been legally committed. Simply enough, estoppel precludes one person from disputing a former deed or remark.
It is a component of common law and was created to protect people from suffering unfair harm as a result of the inconsistent words or deeds of another. Collateral estoppel and promissory estoppel are two of the most popular types of estoppel.
The common law systems of the United States, the United Kingdom, Canada, and other nations all adhere to the legal theory of estoppel.
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The total length of your apartment is 30 feet and the total width is 20 feet. What is the total area of the apartment?
Answer:
The answer should be 600
Explanation:
30x20=600
what is the payback period for each project? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
The payback period for a project is the amount of time it takes for the project to generate enough cash flows to recover its initial cost.
The payback period is a financial metric used to evaluate investment opportunities. It represents the length of time required for a project's cash inflows to equal the initial investment. Essentially, it's a measure of how quickly an investment will generate returns and recover its initial cost.
The payback period does not take into account the time value of money or other factors such as risk and opportunity cost.The payback period is often used in conjunction with other financial metrics to provide a more comprehensive analysis of investment opportunities.
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The complete question is :
What is the payback period for a project?
To calculate the payback period for each project, you will need the initial investment amount and the annual cash inflows for each project.
Unfortunately, you didn't provide any specific details about the projects. However, I can explain the process to calculate the payback period.
1. Determine the initial investment for each project.
2. List the annual cash inflows for each project.
3. For each project, cumulatively add the annual cash inflows until the sum equals or surpasses the initial investment.
4. Calculate the payback period using this formula: Payback Period = Years before the final year + (Remaining amount to recover / Cash inflow in the final year).
Remember to keep your calculations unrounded until the final answer, which should be rounded to 2 decimal places (e.g., 32.16).
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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesWhat are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
What do you think would happen if the Internet shut down or went away? How would it change the way people live their lives? Do you think this would be mostly positive or mostly negative?
Answer:
Honestly I think it would be mostly negative without the internet, because if the internet got shut down we would not be where we are now today
Explanation:
:)))
In a shopping cart, clicking the checkout button usually displays a screen that asks for ___ and shipping information
In a shopping cart, clicking the checkout button usually displays a screen that asks for payment and shipping information.
What is a Shopping Cart?A shopping cart (often referred to as an "e-commerce cart" or "online cart") is a software application used by online merchants to enable customers to choose goods or services, review them, and add them to the cart before completing the purchasing transaction.
This software enables customers to save items they're interested in purchasing while they continue to shop around, as well as to update or remove goods from the cart before completing their order. In addition, a shopping cart software allows a customer to submit an order for a product or service from a website.
The shopping cart then sends the order to the merchant for processing. This order includes the customer's billing, shipping, and payment information. The merchant will then ship the purchased product to the customer.The checkout process in a shopping cart is crucial since it is the point where buyers convert to customers.
The checkout page prompts buyers to enter their billing and shipping information, payment method, and other details needed to finalize the transaction, as mentioned in the given question.
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Partnership made when direct investment in a foreign country occurs with a domestic partner are called a. Multinationals b. Mini-nationals c. Joint ventures d. Cooperatives
Answer:
c. Joint ventures
Explanation:
A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located. In a foreign direct investment (FDI), an investor must establish his business, factory and operations in a foreign country or acquire assets in a business that is being operated in a foreign country.
Additionally, foreign direct investment (FDI) are categorized into three (3) main types and these are;
1. Vertical FDI: it involves establishing a different business that is however similar to the main business owned by the investor.
2. Horizontal FDI: it involves establishing the same type of business in a foreign country as owned in the investor's country.
3. Conglomerate FDI: it involves establishing a business that is completely different in another (foreign) country.
Partnership made when direct investment in a foreign country occurs with a domestic partner are called joint ventures. It is typically established or initiated by two or more people on mutual grounds to make profits and sharing costs.
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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At year-end 2019, Wallace Landscaping’s total assets were $2.02 million, and its accounts payable were $550,000. Sales, which in 2019 were $3.0 million, are expected to increase by 30% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $645,000 in 2019, and retained earnings were $235,000. Wallace has arranged to sell $140,000 of new common stock in 2020 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2020. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 7%, and 35% of earnings will be paid out as dividends.
What was Wallace's total long-term debt in 2019? Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $2 million should be entered as 2,000,000. Round your answer to the nearest dollar.
What were Wallace's total liabilities in 2019? Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $2 million should be entered as 2,000,000. Round your answer to the nearest dollar.
How much new long-term debt financing will be needed in 2020? (Hint: AFN - New stock = New long-term debt.) Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $2 million should be entered as 2,000,000. Round your answer to the nearest dollar.
Wallace Landscaping's total long-term debt in 2019 was $590,000. The total liabilities in 2019 were $1,140,000. They will need $1,056,000 of new long-term debt financing in 2020.
To calculate Wallace Landscaping's total long-term debt in 2019, we need to find the total liabilities
Total liabilities = Total assets - Common stock - Retained earnings
= $2.02 million - $645,000 - $235,000
= $1,140,000
Long-term debt = Total liabilities - Accounts payable
= $1,140,000 - $550,000
= $590,000
Therefore, Wallace Landscaping's total long-term debt in 2019 was $590,000.
Wallace's total liabilities in 2019
Total liabilities = $1,140,000g
new long-term debt financing needed in 2020:
Projected sales in 2020 = Sales in 2019 + (Sales in 2019 * Sales growth rate)
= $3.0 million + ($3.0 million * 0.30)
= $3.0 million + $900,000
= $3.9 million
Total assets in 2020 = Total assets in 2019 * (Projected sales in 2020 / Sales in 2019)
= $2.02 million * ($3.9 million / $3.0 million)
= $2.02 million * 1.3
= $2.626 million
Total liabilities in 2020 = Total assets in 2020 - Common stock - Retained earnings
= $2.626 million - $645,000 - $235,000
= $1,746,000
New long-term debt financing needed in 2020 = Total liabilities in 2020 - Accounts payable - New common stock
= $1,746,000 - $550,000 - $140,000
= $1,056,000
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Describe ways that employee ethics can affect a company
Answer:
they can affect the company in different ways
Explanation:
so they can affect either negativly and positivly so it could go both ways
Answer: Employees make better decisions in less time with business ethics as a guiding principle; this increases productivity and overall employee morale. When employees complete work in a way that is based on honesty and integrity, the whole organization benefits.
Explanation:
The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity. True or false?.
It is a false statement that the market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity.
What is the law of supply?It refers to the basic economic concept that describes the total amount of a specific good or service that is available to consumers.
In economics, the law of supply states that as the price of a good rise, the quantity supplied also rise and as the price of a good go down or fall, the quantity supplied also go down or fall. Hence, It is a false statement that the market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity because a demand is described.
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The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity. This statement is false.
What is market supply?
The market supply for natural gas is the sum of all quantities that natural gas producers are willing and able to sell at for every quantity. The market supply for a good is determined by adding all the quantity supplied of each supplier together.
It is expected that there is a positive relationship between price and the market supply. This means that as price increases, the market supply increases and when price decreases, the market supply decreases. Based on this relationship between price and market supply, the market supply curve would be upward sloping all things remaining equal.
Characteristics of natural resources
Explanation:
the characteristics are as follows:-
1. Natural resources are useful, profitable and beneficial .
2. Natural resources have limited availability.
3. They are potential for depletion or consumption.
4. Natural resources are non-renewable sources in nature.
Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does his employer pay for his unemployment tax for the entire year?
A. no limit
B. $0
C. $840
D. $420
Answer:
B. $0
Explanation:
Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.
According to the digital disconnect and the lecture, the global digital divide is the result of _____.
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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1. As a manger, in accordance with the HR process, how would you work in tandem with HR to ensure that you retain quality employees, thus adding to the overall satisfaction of employee, and keeping turn over low?
Answer:
The first crucial guideline and ICT information that the management should be conscious of in order to be able to handle the many responsibilities all at once and achieve relevant achievement for the corporation's administration is to organize appropriately.
The second crucial talent that a manager must possess in order to effectively manage a firm is the ability to organise. This refers to the manager's capacity to delegate necessary duties, obligations, and responsibility to the subordinates.
wholesaling is primarily concerned with the activities of those establishments that sell
Wholesaling is primarily concerned with the activities of those establishments that sell goods and services to retailers, industrial, commercial, institutional, or other professional business users.
Wholesaling refers to the process of selling goods and services in large quantities to retailers, businesses, and other professional users, rather than selling directly to individual consumers. Wholesalers act as intermediaries between manufacturers or producers and retailers or other businesses. They purchase products in bulk from manufacturers or producers and then distribute them to retailers or other businesses that sell the products to end consumers.
Wholesalers play a crucial role in the supply chain by providing several services, including:
1. Purchasing: Wholesalers buy goods and services in large quantities directly from manufacturers or producers. This allows them to benefit from economies of scale and negotiate better prices.
2. Warehousing: Wholesalers typically maintain warehouses or distribution centers where they store and organize inventory. They ensure that the products are readily available and can be delivered quickly to retailers or businesses when needed.
3. Inventory Management: Wholesalers manage the inventory by tracking stock levels, monitoring demand patterns, and replenishing products as needed. This helps ensure a continuous supply of goods to retailers or businesses.
4. Transportation and Logistics: Wholesalers are responsible for arranging the transportation and logistics of products from the manufacturer or producer to the retailers or businesses. They coordinate the movement of goods, handle any necessary documentation, and ensure timely delivery.
5. Financing and Credit: Wholesalers often provide credit and financing options to retailers or businesses, allowing them to purchase goods on credit terms. This helps retailers manage their cash flow and inventory levels.
Wholesaling is primarily concerned with the activities of establishments that sell goods and services in large quantities to retailers, businesses, and other professional users. Wholesalers play a vital role in the supply chain by purchasing, warehousing, managing inventory, arranging transportation, providing financing, and serving as intermediaries between manufacturers or producers and retailers or businesses. Their activities ensure the efficient distribution of goods and services to the end consumers.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
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he balance of payments is: a currency whose value is not pegged, but governments will intervene extensively in the market to keep the value within a certain range. a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world. the sum of the balance of trade, net income on capital held abroad, and net transfer payments. the price of one currency in another currency.
The balance of payments is a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world.
It consists of three components - the balance of trade (exports and imports of goods and services), net income on capital held abroad, and net transfer payments (such as remittances and foreign aid).
The balance of payments provides an overview of a country's international economic transactions and helps to understand its financial position in the global economy.
Summary: In short, the balance of payments is an annual summary of a country's economic transactions with the rest of the world, including trade, income, and transfers.
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