Monetary policy and fiscal policy are two distinct economic policy tools used by governments to stabilize their economies. Monetary policy involves making changes in the money supply or the interest rate to stabilize the economy, while fiscal policy involves using taxes and government spending to stabilize the economy.
Monetary policy is controlled by central banks, like the Federal Reserve System, while fiscal policy is controlled by Congress and the President. Monetary policy is insulated from partisan views on the economy, while fiscal policy is affected by partisan views on the economy.
In summary, monetary policy is used to make changes in the money supply or the interest rate to stabilize the economy, while fiscal policy is used to use taxes and government spending to stabilize the economy. Monetary policy is controlled by central banks, while fiscal policy is controlled by Congress and the President. Lastly, monetary policy is insulated from partisan views on the economy, while fiscal policy is affected by partisan views on the economy.
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1.) A barbeque is listed for $615.35 less 32%, 15%, 4%.
(a) What is the net price?
(b) What is the total amount of discount allowed?
(c) What is the exact single rate of discount that was allowed?
2.)The price of a carpet was reduced by 10%. If the original price was $20, what was the amount by which the price was reduced?
3.) Use the future value formula, S=P(1+rt), to compute the future value of $764.00 over seven months at 3 1/4% p.a.
4.) The lawyer for a credit union member has sent a cheque for $3756.23 in full settlement of the member's loan balance including interest at 5 1/4% for 2 months. How much of the payment is interest?
A barbeque is listed for $615.35 less 32%, 15%, 4%, has a net price of $341.12.
To find the net price, we need to subtract the discounts from the original price.
Original price = $615.35
Discount 1: 32%
Discount amount = 32% of $615.35
= $197.31
Price after Discount 1 = $615.35 - $197.31
= $418.04
Discount 2: 15%
Discount amount = 15% of $418.04
= $62.71
Price after Discount 2 = $418.04 - $62.71
= $355.33
Discount 3: 4%
Discount amount = 4% of $355.33
= $14.21
Net price = $355.33 - $14.21
= $341.12
Therefore, the net price of the barbeque is $341.12.
b) To find the total amount of discount allowed, we need to add up the individual discount amounts.
Total discount = Discount 1 + Discount 2 + Discount 3
Total discount = $197.31 + $62.71 + $14.21
= $274.23
Therefore, the total amount of discount allowed is $274.23.
c) To find the exact single rate of discount that was allowed, we can calculate the overall percentage discount.
Overall percentage discount = (Total discount / Original price) x 100
Overall percentage discount = ($274.23 / $615.35) x 100
= 44.6%
Therefore, the exact single rate of discount that was allowed is 44.6%.
2.) The price of a carpet was reduced by 10%. If the original price was $20, we need to find the amount by which the price was reduced.
Original price = $20
Percentage discount = 10%
Amount by which the price was reduced = Percentage discount x Original price
Amount by which the price was reduced = 10% of $20 = $2
Therefore, the amount by which the price was reduced is $2.
3.) To compute the future value of $764.00 over seven months at 3 1/4% p.a., we can use the future value formula S = P(1 + rt).
P = $764.00 (principal)
r = 3 1/4% = 0.0325 (decimal form)
t = 7 months
S = $764.00(1 + 0.0325 * 7)
S = $764.00(1 + 0.2275)
S = $764.00(1.2275)
S = $938.75
Therefore, the future value of $764.00 over seven months at 3 1/4% p.a. is $938.75.
4.) The lawyer sent a check for $3756.23 in full settlement of the member's loan balance, including interest at 5 1/4% for 2 months. We need to find the amount of the payment that is interest.
Total payment = $3756.23
Interest rate = 5 1/4%
= 0.0525 (decimal form)
Time = 2 months
Interest amount = Total payment * Interest rate * Time
Interest amount = $3756.23 * 0.0525 * 2
Interest amount = $392.79
Therefore, the amount of the payment that is interest is $392.79.
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___activities include those transactions and events that affect long-term liabilities and equity, such as obtaining cash from issuing debt and distributing cash to owners.
The transactions and occurrences that have an impact on long-term equity and liabilities are considered financing activities.
What is equity?Equity is a legal concept that is used to refer to the ownership of an asset or company. It is also used to refer to the difference between the value of an asset and the amount of debt on it. Equity often refers to the ownership interest that shareholders have in a company, including their right to share in its profits or losses. Equity is a key component of capital and is used to measure the value of a company. Equity can also refer to the value of a person’s assets minus any liabilities. In this sense, equity is a measure of a person’s financial health and can be used to determine their creditworthiness.
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A person is seeking a job in the lumber industry. which texas region would likely offer them the best opportunity for finding a job? question 10 options: north central plains great plains mountains and basin coastal plains
Mountains and Basin is the Texas region would likely offer them the best opportunity for finding a job. As a person is seeking a job in the lumber industry. Hence, option C is correct.
What is lumber industry?
The wood business, also referred to as the lumber industry, is the area of the economy that deals with logging and forestry as well as the production of primary forest commodities like furniture and secondary products like wood pulp for the pulp and paper industry.
Weyerhaeuser and Georgia-Pacific are the top two producers of lumber, respectively. There are 113 sawmills with a combined output capacity of 18.9 billion board feet among the top 10 US producers of lumber.
Currently, the world market for wood and wood products is dominated by North America. This is mainly attributable to the continent's vast forests, which in the US and Canada are primarily made up of relatively simple-to-extract conifers.
Thus, option C is correct.
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What is the straight time pay for each of the following for a 40 hour week
Problem 2 Alfredo Company purchased a new 3-D printer for $900,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become old quickly, and so they plan to replace this printer in three years. At that point, Alfredo believes it will be able to sell the printer for $15,000. Calculate yearly depreciation using the double-declining-balance method.
the Alfredo company's yearly depreciation is $30,000.
The double declining balance (DDB) depreciation method is an approach to accounting that involves depreciating certain assets at twice the rate outlined under straight-line depreciation. This results in depreciation being the highest in the first year of ownership and declining over time.
How do you calculate double declining balance?First, Divide “100%” by the number of years in the asset's useful life, this is your straight-line depreciation rate. Then, multiply that number by 2 and that is your Double-Declining Depreciation Rate.
Which depreciation method is best?Straight-Line Method: This is the most commonly used method for calculating depreciation. In order to calculate the value, the difference between the asset's cost and the expected salvage value is divided by the total number of years a company expects to use it.
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https://brainly.com/question/24296752#SPJ4the famous thought leader who developed models for creating value and competitive advantage taught in business schools worldwide is ent
Michael E . Porter is a renowned thought leader and Bishop William Lawrence University Professor at Harvard Business School. He is known for his models of creating value and competitive advantage.
American scholar Michael Eugene Porter is renowned for his thoughts on economics, corporate strategy, and social concerns. He is a founder of the consulting company The Monitor Group as well as the social impact consultancy FSG as well as the Bishop William Lawrence University Professor at the Harvard Business School.
According to Porter's argument, a country's ability to compete in a given industry depends on that sector's ability to innovate and modernize. He developed a theory to explain why some countries have greater competition in particular industries.
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I have one F and 2 D's, It's because I have another school that I have to study which takes my school homework time up. The subjects are business, science, and Language arts. (Online school). Please help (┬┬﹏┬┬) -Unknown_Student
Answer:
what do you need help with? like whats the question?
Explanation:
if a sales-person is working on commission and they have a very unappealing product to sell, but the commission rate is quite high, what does expectancy theory say about their likely level of motivation?
Expectancy theory predicts that a salesperson working on commission with a very unappealing product to sell but a high commission rate will likely be motivated to perform well in order to receive something they value.
What exactly is expectancy theory?Expectancy theory is a thought process that emphasizes personal preference and the selection process. An outline of the process that people go through when making decisions is given by expectancy theory. These options could include decisions for daily living, academic pursuits, or recreational activities.
These people base their decisions on expectations of how those decisions will turn out. We frequently make clothing choices based on what will make us feel comfortable and ready for the day's events. We must put on a rain jacket on a wet day. We frequently require a full breakfast when we have a busy day ahead.
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All of the following describe blockchain: Multiple select question. blockchain cannot verify and facilitate Bitcoin transactions blockchain makes it more difficult for the ledger to be modified blockchain is continuously and simultaneously updated and verified blockchain is a less secure type of accounting ledger
The blockchain can be very precisely described by the statement that blockchain is continuously and simultaneously updated and verified. Third option is correct.
A specific type of shared database called a "blockchain" differs from other databases in that it stores data in blocks that are linked together via encryption.
Although a ledger has historically been the most widely utilized use for transactions, a blockchain may be used to store a variety of different types of data.
They serve an essential role in maintaining a secure and decentralized record of transactions in bitcoin systems, but they are utilized in a variety of other systems as well.
Thus, third option is correct.
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How frequently does John typically receive account statements from his bank?
Answer: monthly
Explanation: Typically bank statements are sent every month
Do you think NAFTA should adopt a common currency? Why or why not?
Answer:
Explanation:
I don't have a personal opinion, but I can provide some information that may be helpful in answering your question.
The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that was signed in 1994. While NAFTA has helped to increase trade between the three countries, it does not include provisions for a common currency.
There are arguments for and against the adoption of a common currency among the NAFTA countries. Proponents argue that a common currency could help to facilitate trade and investment between the three countries, reduce transaction costs, and increase economic integration. It could also help to stabilize exchange rates and reduce the risk of currency fluctuations.
Opponents, on the other hand, argue that adopting a common currency would be difficult due to the economic and political differences between the three countries. It could also lead to a loss of economic sovereignty for each country, as well as potential inflationary pressures.
Ultimately, the decision to adopt a common currency would be a political one that would require the agreement of all three countries. While there are potential benefits to a common currency, there are also potential drawbacks that would need to be carefully considered.
Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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what effect did the post-war era have on consumer borrowing?
The post-war era saw a dramatic increase in consumer borrowing, primarily due to the economic boom that followed the end of World War II.
This period was characterized by a surge in consumer spending, made possible through the introduction of consumer credit. Banks and other financial lenders were eager to offer loans to those looking to purchase new homes, cars, and other consumer goods.
The availability of consumer credit enabled Americans to purchase items they may not have otherwise been able to afford, fueling the growth of the consumer economy.
Additionally, the introduction of installment loans allowed consumers to spread out payments over a period of time, making it easier to purchase items that were too expensive to pay for outright. The post-war era thus saw a dramatic expansion of consumer borrowing, leading to a higher standard of living for many Americans.
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write a short response paragraph explaining how a credit score could contribute to keeping someone caught in a cycle of poverty
Answer:
A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.
Explanation:
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
A. remainder
B. license
C. easement
D. reversion
What does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Basically, a license does authorize the use or performance of a task, activity etc.
License are issued to a qualified person to perform certain task, work or activities which are deemed legal.
For instance, when a medical license is issued to a medical practitioner, it does not give exclusive right but its allows the him/her to perform medical duties legally for some period of time.
In conclusion, the Option B is correct because License does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
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Read the excerpt from "Elon Musk.”
Musk worked for his goal of space travel. At the same time, he wanted to improve travel at home. He still thought about his third area of interest. He thought that less gasoline should be used for cars. In 2003, Musk invested in an electric car company called Tesla Motors. Later, Musk became head of the company.
Which inference does this passage most support?
Elon Musk is good at designing cars.
Elon Musk is good at traveling in space.
Elon Musk is good at conserving gasoline.
Elon Musk is good at juggling multiple tasks.
Answer:
Elon Musk is good at juggling multiple tasks.
Explanation:
right on edge
The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw materials is considered a non-value activity.
Answer:
TRUE
Explanation:
Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.
If the customers does not wish to pay the price, then there is no value.
So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.
Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.
Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).
The cost approach to value is one of the three main approaches used in real estate appraisal.
It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.
The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.
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A company can use the lifo inventory method for income tax purposes and the fifo inventory method for financial reporting purposes during a given year. True or false?.
A company can use the LIFO inventory method for income tax purposes and the FIFO inventory method for financial reporting purposes during a given year, is the true statement.
What is LIFO inventory?The inventory accounting method known as latest in, first out (LIFO) is applied. In accordance with LIFO, expenses are subtracted beginning with those for the most recent purchases of items (or produced). The only place LIFO is used is in the United States, and it is governed by generally accepted accounting principles.
First in, first out (FIFO) inventory management seeks to value inventory in an effort to lessen the possibility that the business would incur losses when items go bad or become obsolete.
Thus, it is a true statement.
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Redhawk, Inc., is a merchandiser that provided the following information:
Number of units sold 11,000
Selling price per unit $18
Variable selling expense per unit $2
Variable administrative expense per unit $0.5
Total fixed selling expense $20,000
Total fixed administrative expense $14,000
Merchandise inventory, beginning balance $10,000
Merchandise inventory, ending balance $25,000
Merchandise purchases $88,000
Required:
1. Prepare a traditional income statement.
2. Prepare a contribution format income statement.
The contribution format income statement separates costs into fixed and variable categories, highlighting the contribution margin. It focuses on the relationship between sales revenue, variable expenses, and fixed expenses to determine net income.
To prepare both a traditional income statement and a contribution format income statement for Redhawk, Inc., we need to calculate various components using the provided information. Let's go step by step:
1. Traditional Income Statement:
Sales Revenue:
Number of units sold * Selling price per unit = 11,000 * $18 = $198,000
Cost of Goods Sold:
Merchandise inventory, beginning balance = $10,000
Merchandise purchases = $88,000
Merchandise inventory, ending balance = $25,000
Cost of Goods Sold = Beginning inventory + Purchases - Ending inventory
Cost of Goods Sold = $10,000 + $88,000 - $25,000 = $73,000
Gross Profit:
Sales Revenue - Cost of Goods Sold = $198,000 - $73,000 = $125,000
Operating Expenses:
Variable Selling Expenses = Number of units sold * Variable selling expense per unit
Variable Selling Expenses = 11,000 * $2 = $22,000
Variable Administrative Expenses = Number of units sold * Variable administrative expense per unit
Variable Administrative Expenses = 11,000 * $0.5 = $5,500
Total Variable Expenses = Variable Selling Expenses + Variable Administrative Expenses
Total Variable Expenses = $22,000 + $5,500 = $27,500
Fixed Selling Expenses = $20,000
Fixed Administrative Expenses = $14,000
Total Operating Expenses = Total Variable Expenses + Fixed Selling Expenses + Fixed Administrative Expenses
Total Operating Expenses = $27,500 + $20,000 + $14,000 = $61,500
Net Income:
Gross Profit - Total Operating Expenses = $125,000 - $61,500 = $63,500
2. Contribution Format Income Statement:
Sales Revenue = $198,000
Variable Expenses:
Variable Selling Expenses = $22,000
Variable Administrative Expenses = $5,500
Total Variable Expenses = $22,000 + $5,500 = $27,500
Contribution Margin:
Sales Revenue - Total Variable Expenses = $198,000 - $27,500 = $170,500
Fixed Expenses:
Fixed Selling Expenses = $20,000
Fixed Administrative Expenses = $14,000
Total Fixed Expenses = $20,000 + $14,000 = $34,000
Net Income:
Contribution Margin - Total Fixed Expenses = $170,500 - $34,000 = $136,500
That's it! You have the traditional income statement and the contribution format income statement for Redhawk, Inc.
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What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
what are indicators of an impending recession, if inventories are likely to occur?
A recession is defined as a major drop in economic activity that lasts more than a few months. The following five economic indices are declining: real GDP, income, employment, manufacturing, and retail sales.
During a recession, what happens to inventories?The largest impact is likely to be on inventory; firms will cease adding to their stockpiles and will be more inclined to draw on them to fulfil manufacturing orders. Inventory reductions have a twofold effect on production volume. Two consecutive quarters of negative gross domestic product (GDP) growth is a typical rule of thumb for detecting recessions. The publication of GDP statistics for the second quarter of 2022 in the United States revealed the country's second straight negative GDP growth rate, prompting many to conclude the country is currently in a recession.
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Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
Which of the following was the most immediate cause of global economic integration in the late twentieth and early twenty-first century? a Decreases in the cost of long-distance communication and transportation b Regulation of air and water pollution in the developed world c Population growth in the developing world d Increased dependence on cheap oil from the middle east
Numerous companies are working toward becoming eco-friendly. how is home depot attempting to fulfill this goal?
Home Depot is making efforts to become eco-friendly by implementing various sustainable practices. Here's how they are fulfilling this goal:
Energy Efficiency: Home Depot is committed to reducing energy consumption in their stores. They have implemented energy-efficient lighting and heating systems, as well as motion sensors to conserve energy when areas are not in use.
Waste Management: The company aims to minimize waste generation by recycling and reusing materials. Home Depot promotes recycling programs for both customers and employees, encouraging the proper disposal of items like batteries, paint, and light bulbs.
Product Selection: Home Depot offers a wide range of eco-friendly products, including Energy Star appliances, low-flow toilets, and water-saving faucets. By providing sustainable options, they support customers in making environmentally conscious choices.
Green Building: Home Depot actively promotes green building practices. They offer eco-friendly building materials such as sustainable lumber, insulation, and roofing. They also provide educational resources to help customers understand the benefits of green building.
In conclusion, Home Depot is fulfilling its goal of becoming eco-friendly by focusing on energy efficiency, waste management, sustainable product selection, and promoting green building practices. Their efforts contribute to a more sustainable future.
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BRIEF EXERCISE 3. 2 Recording Transactions in a Journal & LO3-3LO3-4, GLO3-5
Record the following selected transactions in general journal form for the Weston Gastroenterology Glinic. Include a brief explanation of
the transaction as part of each journal entry.
Page 123
May 1
May 4
May 12
May 19
The clinic Issued 1,000 additional shares of capital stock to Doctor Weston at $75 per share.
The clinic purchased scoping equipment. The equipment cost $90,000, of which $30,000 was paid in cash; a note!
Issued a check for $2. 400 In full payment of an account payable to Leah Laboratories.
Purchased office supplies on account for $240. Payment is due in full by June 10.
May 25 Collected a $15,000 account receivable from the Goosinger Medical Insurance.
May 31 Declared and paid a $50,000 cash dividend to stockholders.
The journal entry for the Weston Gastroenterology Glinic will be as follows: May 1 Bank debit to shares 75000, May 4 Scoping equipment Ac. debit to cash Ac. 30000 to amount outstanding 60000.
.
More about journal entry :
The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details. Other Journal Entries are as follows:
May 12 Leah Ac. debit to bank ac. 2400,
May 19 Office supplies Ac. debit to Amount outstanding 240
May 25 Account receivable Ac. debit to Goosinger Ac. 15000
May 31 Stockholders Ac. debit to cash Ac. 50000
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business writers should strive for paragraphs with eight or fewer printed lines. T/F
It is FALSE as there is no fixed rule, business writers should aim for paragraphs that are concise and focused, rather than focusing on specific line counts.
It is generally recommended that business writers strive for paragraphs with eight or fewer printed lines. Keeping paragraphs concise and focused helps to enhance readability and comprehension in business writing. Long paragraphs can be visually overwhelming and may discourage readers from engaging with the content.
By limiting the length of paragraphs, writers can present information in a more organized and digestible manner. Shorter paragraphs allow for clearer presentation of ideas, facilitate smoother transitions between topics, and help readers follow the flow of information more easily.
Additionally, breaking down content into shorter paragraphs can improve the overall visual appeal of a document, making it more visually appealing and reader-friendly.
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What determining factor do buyers use to
select products in a pure competition
market?
A. Quality
C. Profit
B. Brand
D. Price
Answer: D
Explanation:
Answer: In a pure competition market, the determining factor that buyers use to select products is price. Therefore, the correct answer is option D: price.
Explanation: In a pure competition market, the determining factor that buyers use to select products is price. In a pure competition market, there are many buyers and sellers, and the products offered by the sellers are largely the same. In this type of market, buyers will typically choose the product with the lowest price, as there is little difference between the products offered by the different sellers. Other factors, such as quality, brand, and profit, may also play a role in a buyer's decision, but in a pure competition market, price is typically the most important factor.
Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
Which of the following could be a trade secret?
where are the questions there are not questions
how am i supposed to help you if there is no questions