1. read again queueing management and models. homework 6 (submit): the registration area has just opened at a large convention of building contractors in singapore. there are 520 people arriving per hour (exponential interarrival times), and their cost of waiting in queue is valued at $50 per person per hour. the singapore convention bureau provides servers to register guests. the cost (salary) of a server is 40 dollars per hour. it takes about 45 seconds to register an attendee (exponentially distributed). a single waiting line with multiple servers is set up. a) what is the minimum number of servers for this system? b) what is the optimal number of servers for this system from a cost perspective? c) what is the cost for the system, per hour, with the optimum number of servers? d) what is the server utilization rate with the minimum number of servers?
Answers
The minimum number of servers required for the system is 7, while the optimal number is 17. The total cost per hour with the optimal number of servers is $1814.60, and the server utilization rate with the minimum number of servers is 45.5%.
a) To determine the minimum number of servers for the system, we need to ensure that the average time a person spends in the queue is not more than the average time it takes to serve them. Using Little's Law, we can calculate that the average number of people in the queue is given by λ * W, where λ is the arrival rate and W is the average waiting time. Similarly, the average number of people being served is given by λ * S, where S is the average service time.
Therefore, we need to ensure that λ * W <= 1, where λ is 520 per hour and W is unknown. Assuming the service rate is μ = 1/45 seconds, we can calculate that W = (1/μ) - (1/λ) = 0.087 hours or 5.22 minutes. Therefore, the minimum number of servers required is given by λ * S <= 1, where S is the service rate for each server. Solving for S, we get S = λ / k, where k is the number of servers required. Thus, the minimum number of servers required is k = λ * S = 520 * (45/3600) = 6.5, which we round up to 7 servers.
b) To determine the optimal number of servers for this system from a cost perspective, we need to consider the trade-off between the cost of waiting in the queue and the cost of providing additional servers. The total cost of the system is given by the sum of the cost of waiting and the cost of providing servers. The cost of waiting is the product of the number of people waiting in the queue and their cost of waiting, which is $50 per person per hour.
The cost of providing servers is the product of the number of servers and their cost, which is $40 per server per hour. The optimal number of servers is the one that minimizes the total cost. Using queuing theory, we can calculate that the total cost is minimized when the number of servers is equal to the square root of (λ * Cw / Cs), where Cw is the cost of waiting and Cs is the cost of providing a server. Substituting the values, we get k = sqrt(520 * 50 / 40) = 16.19, which we round up to 17 servers.
c) The cost for the system per hour with the optimum number of servers is the sum of the cost of waiting and the cost of providing servers. Using the optimal number of servers from part (b), we can calculate that the cost of waiting is 0.5 * λ * W * Cw = 0.5 * 520 * 0.087 * 50 = $1134.60 per hour. The cost of providing servers is k * Cs = 17 * 40 = $680 per hour. Therefore, the total cost of the system is $1814.60 per hour.
d) The server utilization rate with the minimum number of servers is given by ρ = λ * S * k, where λ is the arrival rate, S is the service rate, and k is the number of servers. Substituting the values, we get ρ = 520 * (45/3600) * 7 = 0.455 or 45.5%. This means that the servers are utilized at 45.5% of their capacity.
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Related Questions
what is customer service and why it important
Answers
Answer:
is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met
Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.
Answer “Customer service means going above and beyond to keep the customer happy, whether that means answering any questions they have or resolving issues with a positive attitude. Customer satisfaction is the top priority, and hopefully creating loyal, returning customers.”:The number one reason why customer service is important in a business is because it correlates to revenue: 84% of organizations working to improve customer service report an increase in revenue. The keyword in that chart is “working.” Simply prioritizing good customer service in an organization increases revenue.
Explanation:
In order to construct a reliable price index, government accountants must assign a ______ to each of several categories of goods and services. Multiple choice question.
Answers
To build a reliable price index, government accountants must assign a weight to each of several categories of goods and services.
What is the Consumer Price Index?The CPI is an average used to measure the variation in prices that consumers will pay for a product or service over a period of time.
Therefore, the CPI is the most used index for measuring inflation and deflation in the American economy, through the prices and weights of goods and services.
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What is meaning of external auditor?
Answers
The meaning of external auditor refers to financial record in a company.
The external auditor refers to inspect client accounting records and express an opinion as to whether its financial statements are presented fairly in accordance with the applicable accounting standards of the entity.
Example of external auditor Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
The Generally Accepted Accounting Principles is a collection of the commonly-followed accounting rules and standards for financial reporting. The four principles of GAAP are the cost principle, the revenue principle, the matching principle and the disclosure principle.
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Which statement is true about an annual percentage rate (APR)? (1 point)
O It is equal to the interest rate times the principal.
O It is of little interest to the average borrower.
O
It is reduced every time you make a payment.
O It is a simple way to compare all the various elements of different loans.
Answers
The truth that can be said about the APR is that It is a simple way to compare all the various elements of different loans.
What is the APR?This is the term that is used to refer to the annual percentage rate. The annual percentage rate can be described as the cost that has to be paid in order to borrow money.
This payment is known to be expressed as a percentage. It is inclusive of fees and it is a bigger measure of the cost that a person would have of borrowing money that have gotten as a loan.
This is not just the interest that is to be paid on the loan that is to be taken by the borrower.
This amount is known to also have to carry the fees that a person would have to add as well to the interest rate that they are to pay for the borrowing that is to be done.
he cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.
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Answer: 1. It is a simple way to compare all the various elements of different loans.
2. It is the amount you borrow.
3. The rate can go up or down, depending upon the index it is tied too.
4. It is the amount of time after a purchase and before it starts accruing interest.
5. more than $10,000
Explanation: I took the same quick check and got 100%, hope it helps!
he following information comes from the accounts of james company on december 31: account title beginning balance ending balance accounts receivable $27,900 $34,900 allowance for doubtful accounts 1,810 2,200 note receivable 46,600 46,600 interest receivable 1,000 3,728 required there were $179,200 of sales on account during the accounting period. write-offs of uncollectible accounts were $1,800. what was the amount of cash collected from accounts receivable? what amount of uncollectible accounts expense was reported on the income statement? what was the net realizable value of receivables at the end of the accounting period? the note receivable has an annual interest rate of 4.00 percent and a two-year term (8.00 percent interest rate over the life of the note). what amount of interest revenue was recognized during the period? how much cash was collected from interest? (round your answers to the nearest dollar amount.)
Answers
The amount of cash collected from accounts receivable is $178,600, the amount of uncollectible accounts expense that was reported on the income statement is $1,800, and the net realizable value of receivables at the end of the accounting period is $32,700.
An amount of $3,728 is the interest revenue that was recognized during the period. $1,949.61 is the amount of cash that was collected from interest. Amount of cash collected from accounts receivable: To determine the amount of cash collected from accounts receivable, you have to subtract the write-offs of uncollectible accounts ($1,800) from the beginning balance of accounts receivable ($27,900) to get the amount available for collection, then add the amount of sales on account ($179,200) to get the total accounts receivable.
Finally, you subtract the ending balance of accounts receivable ($34,900) from the sum to determine the cash collected:$27,900 - $1,800 + $179,200 - $34,900 = $178,600Amount of uncollectible accounts expense that was reported on the income statement: The amount of uncollectible accounts expense that was reported on the income statement is $1,800, which is the same as the write-offs of uncollectible accounts.
This is because when you write off an account, it means you have determined that it is uncollectible and no longer an asset.Net realizable value of receivables at the end of the accounting period: The net realizable value of receivables at the end of the accounting period is the difference between the ending balance of accounts receivable ($34,900) and the ending balance of the allowance for doubtful accounts ($2,200):$34,900 - $2,200 = $32,700
Interest revenue that was recognized during the period: The note receivable had an annual interest rate of 4.00 percent and a two-year term. This means the interest rate over the life of the note is 8.00 percent (2 x 4.00 percent). To determine the interest revenue that was recognized during the period, you multiply the beginning balance of the note receivable ($46,600) by the interest rate (8.00 percent) and divide by 12 months (to get the monthly interest):($46,600 x 8.00%) / 12 months = $310.67 per monthThen, you multiply this amount by the number of months in the accounting period (assuming it is a full year):$310.67 x 12 months = $3,728
Finally, you subtract the interest receivable at the beginning of the period ($1,000) from the interest revenue recognized during the period to get the interest collected:$3,728 - $1,000 = $2,728Rounded to the nearest dollar, the interest revenue recognized during the period is $3,728 and the cash collected from interest is $1,950.
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Which accounting concept is used in each of the following accounting treatment?
The cost of a tape dispenser has been charged to an expense account, although in fact it could still be in use in ten years’ time.
A sole proprietor has sold his private house, but has not recorded anything about it in the business records.
A debt has been written off as a bad debt even though there is still a chance that the debtor eventually may be able to pay it.
A machine has been bought for an exceedingly low figure,and it has been entered in the asset account at that figure even though it is worth more.
A motor van broke down in December , 2017. The repair bill for it was not until 2018 yet it has been treated as a 2017 expense.
Answers
The accounting concepts that provide guidance for recording the following business events are as follows. The business transactions are numbered from (a) to (e) below:
1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.
2) Entity Concept requires separation between the finances of the owner from the finances of the business. The business is a separate economic unit distinct from the sole proprietor.
3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.
4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.
5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not. The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.
Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.
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I'm in desperate need of help and need an explanation for the question because I do not understand how to use the numbers. questions 1,2 are the most important, but answers for 3 and 4 would be appreciated.
FIT Corporation’s return on net operating assets (RNOA) is 10% and its tax rate is 40%. Its net operating assets ($4 million) are financed entirely by common shareholders’ equity. Management is considering its options to finance an expansion costing $2 million. It expects return on net operating assets to remain unchanged. There are two alternatives to finance the expansion:
1. Issue $1 million bonds with 12% coupon, and $1 million common stock.
2. Issue $2 million bonds with 12% coupon.
Required:
1. Determine net operating income after tax(NOPAT) and net income for each alternative.
2. Compute return on common shareholders’ equity for each alternative (use ending equity).
3. Calculate the assets-to-equity ratio for each alternative.
4. Compute return on net operating assets and explain how the level of leverage interacts with it in helping determine which alternative management should pursue.
Answers
Return on net operating assets (RNOA) is a performance metric used by financial analysts to assess a company's operating efficiency.It measures the company's operating profit before interest and tax (NOPAT) as a proportion of its net operating assets (NOA).
The formula for calculating RNOA is NOPAT / NOA. When FIT Corporation’s return on net operating assets (RNOA) is 10%, and its tax rate is 40%, its net operating assets ($4 million) are financed entirely by common shareholders’ equity. Management is considering its options to finance an expansion costing $2 million. It expects return on net operating assets to remain unchanged. There are two alternatives to finance the expansion:Issue $1 million bonds with a 12% coupon and $1 million common stock.Issue $2 million bonds with a 12% coupon.Now, let's solve the following queries:1. Determine net operating income after tax(NOPAT) and net income for each alternative.Ans:Calculation of NOPAT: NOPAT = (10/100) * ($4 million) * (1 - 0.4) = $1.44 millionAlternative 1:NOPAT = (10/100) * ($4 million) * (1 - 0.4) = $1.44 millionTax on bond interest = (0.4) * ($1 million) * (0.12) = $48,000Net Income = NOPAT - Tax on bond interest - Preferred dividends = $1.44 million - $48,000 - 0 = $1.39 millionAlternative 2: NOPAT = (10/100) * ($6 million) * (1 - 0.4) = $1.728 millionTax on bond interest = (0.4) * ($2 million) * (0.12) = $96,000Net Income = NOPAT - Tax on bond interest - Preferred dividends = $1.728 million - $96,000 - 0 = $1.632 million2. Compute return on common shareholders’ equity for each alternative (use ending equity).Ans:Alternative 1:Net income = $1.39 millionCommon equity = $4 million + $1 million - 0 = $5 millionROE = (1.39/5) * 100% = 27.8%Alternative 2:Net income = $1.632 millionCommon equity = $4 million + $2 million - 0 = $6 millionROE = (1.632/6) * 100% = 27.2%3. Calculate the assets-to-equity ratio for each alternative.Ans:Alternative 1:Assets = $4 million + $1 million = $5 millionAssets-to-equity ratio = $5 million / $5 million = 1Alternative 2:Assets = $4 million + $2 million = $6 millionAssets-to-equity ratio = $6 million / $6 million = 1Therefore, both alternatives have the same assets-to-equity ratio.4. Compute return on net operating assets and explain how the level of leverage interacts with it in helping determine which alternative management should pursue.
Ans:Return on net operating assets = Net operating income / Net operating assetsThe level of leverage affects return on net operating assets. When a company employs more leverage, its return on net operating assets rises, but the risk of default increases as well. Alternative 1 has a smaller bond issue and thus less leverage, whereas Alternative 2 has a larger bond issue and greater leverage. As a result, alternative 2 has a higher return on net operating assets. As a result, FIT Corporation should choose Alternative 2.
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Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answers
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
pls help :(
If the team charges $10 per dream bag and sells all 100 bags how much revenue will they collect?
If the team sells all 100 bags how much profit will they make
(hint revenue - total cost = profit)
Answers
Answer:
Explanation:
If the team charges $10 per dream bag and sells all 100 bags, their revenue will be:
Revenue = Price per bag x Number of bags sold
Revenue = $10 x 100
Revenue = $1000
Therefore, if the team sells all 100 bags, they will collect $1000 in revenue.
To calculate the profit, we need to know the total cost of producing and selling the dream bags. Let's assume that the total cost is $600.
Profit = Revenue - Total Cost
Profit = $1000 - $600
Profit = $400
Therefore, if the team sells all 100 bags at a price of $10 per bag and has a total cost of $600, they will make a profit of $400.
Answer:
$1000 (Revenue)
$400 (Profit)
Explanation:
Given:
Price - $10
Quantity - 100 bags
Total revenue formula:
Total revenue = price * quantity
Substitute values:
Total revenue = 10 * 100
Calculate:
Total revenue = $1000
a local bar manager has a marketing budget of $320. he decides to purchase an ad from a local tv station and a local newspaper. tv ads cost of $80 per ad. newspaper ads cost of $40 per ad. it is estimated that each tv ad would draw in 5 new customers, which equates to an additional profit of $50 per day. it is also estimated that each newspaper ad would draw in 2 new customers, which equates to an additional profit of $20 per day. what is the objective function?
Answers
The objective function in this scenario would be to maximize the additional profit generated from the purchase of the TV and newspaper ads with the given marketing budget of $320.
To determine the optimal allocation of the marketing budget, we can use linear programming techniques. Let x be the number of TV ads purchased and y be the number of newspaper ads purchased. Then, the total cost of the ads can be represented as:
80x + 40y <= 320 This constraint ensures that the total cost of the ads does not exceed the allocated marketing budget.
The additional profit generated from the purchase of each ad can be represented as follows:
TV ads: 5 customers * $50 profit/customer = 250x
Newspaper ads: 2 customers * $20 profit/customer = 40y
The objective function is to maximize the total additional profit generated from the ads
Maximize: 250x + 40y
Subject to:
80x + 40y <= 320 (budget constraint)
x, y >= 0 (non-negative constraint)
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The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
Answers
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
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Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!
Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.
A. Franchises benefit from the successful marketing provided by franchisors.
B. Franchises have lower start-up costs than other small businesses
C. Franchises have more control over the goods and services that they provide.
D. Franchises have a lower 5-year failure rate than other small businesses
E. Franchises are less expensive to operate than other small businesses.
Answers
The following benefits a franchisee enjoys over other small business owners is:
A. Franchises benefit from the successful marketing provided by franchisors.D. Franchises have a lower 5-year failure rate than other small businessesA franchise is a business that operates by using the services of a franchisor who is in charge of branding the company and a franchisee who uses the name of the brand to do business and pays a royalty fee.
Small business owners are people who do the marketing, branding, packaging and sales by themselves without necessarily involving the services of a marketer.
Some of the benefits of a franchisee over small business owners are the facts that:
They benefit from the successful marketing the franchisors provideThey have a lower failure rate after 5 years.Therefore, the correct answers are options A and DRead more here:
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Answer:
A. Franchises benefit from the successful marketing provided by franchisors.
D. Franchises have a lower 5-year failure rate than other small businesses
When Fidelity partnered with the Capital Good Fund to service loans to disadvantaged communities, this was an example of______________.
Answers
Answer:
Community Development Financial Institutions
Explanation:
Community development financial institutions are a coalition of financial institutions that come together to provide low cost loans to disadvantaged communities that are made up of low-income earners and areas of low wealth.
The focus of CDFIs is community development and not profit maximisation.
Indices such as job creation and retention are used as a yardstick for how successful a CDFI is.
Fidelity partnering with the Capital Good Fund to service loans to disadvantaged communities is an example of a CDFI
23. What covers the cost of a variable annuity's death benefit? (Search Chapter 3) a. the contract administrative service charge b. the contingent deferred sales charge c. the contract maintenance charge d. the mortality and expense charge 25. What is the amount of monthly income that each $1,000 of an annuity contract's values will generate, based on a specified interest rate and the annuity payout option? (Search Chapter 4) a. the annuity purchase rate b. the AIR c. always equal to the annuity's total accumulated value divided by the premium invested d. the calculation for the annuity's initial premium deposit 26. Pete invested $50,000 in a variable annuity 15 years ago when he was 52. The contract is now valued at $180,000, and Pete elects to annuitize under a straight life option. The AIR is 5 percent, and the annuity purchase rate is $6.50. What is Pete's initial income payment? (Search Chapter 4) a. $900 b. $1,170 c. $2,500 d. $3,250
Answers
1. The cost of a variable annuity's death benefit is covered by the mortality and expenditure charges. As a result, choice (D) is the best way to respond.
2. The sum of monthly earnings that each $1,000 of the contract's values will produce based on the annuity payout choice and the stated interest rates is known as the annuity purchase rate. As a result, choice (A) is the best way to respond.
What are mortality and expense charges?Investors in annuities and other insurance company-offered products are subject to a cost known as a mortality and expense risk charge. It covers any damages the insurer may incur as a result of unanticipated occurrences, such as the annuitant's passing.
A typical annual M&E charge is between 1 and 1.5 percent of the amount of your annuity.
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How are volatility and risk related in an investment?
A.
a volatile investment is less risky
B.
a volatile investment is more risky
C.
volatility and risk are not related
Answers
The terms volatility and risk are related in an investment because a volatile investment is more risky. The Option B is correct.
What is a volatile investment?Basically, the term volatility describes when a market or security experiences periods of unpredictable and sometimes sharp, price movements. Most People often think of volatility only when prices fall, however volatility can also refer to sudden price rises too.
Most of the Increased market volatility are caused by economic or policy factors including changes in other markets, interest rate hikes, and the Fed's current monetary policy. A political instability can also lead to market volatility.
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Which of these is NOT a Principle of Economic Interactions?
A. Trade can be mutually beneficial.
B. Markets are usually a good way of coordinating trade.
C. Govt can potentially improve market outcomes if there is a market failure or if the market outcome is inequitable.
D. People face tradeoffs
Answers
Answer:
the answer is D
Explanation:
The three principles concerning economic interactions are (1) trade can make everyone better off, (2) markets are usually a good way to organize economic activity; and (3) governments can sometimes improve market outcomes.
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What is the present value of $10,000 received a. 12 years from today when the interest rate is 4% per year? b. 20 years from today when the interest rate is 8% per year? c. 6 years from today when the interest rate is 2% per year?
Answers
a. The present value of $10,000 received 12 years from today when the interest rate is 4% per year is $6,988. This is because the present value of a future cash flow is calculated by discounting the future cash flow by the interest rate.
The higher the interest rate, the lower the present value. In this case, the present value is lower than the future cash flow because the interest rate is lower.
b. The present value of $10,000 received 20 years from today when the interest rate is 8% per year is $2,942. This is because the present value of a future cash flow decreases with an increase in the interest rate. Since the interest rate is higher in this case, the present value of the future cash flow is lower than the future cash flow itself.
c. The present value of $10,000 received 6 years from today when the interest rate is 2% per year is $8,636. This is because the present value of a future cash flow increases with a decrease in the interest rate. Since the interest rate is lower in this case, the present value of the future cash flow is higher than the future cash flow itself.
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In the united states, which of these financial institutions arrange most primary market transactions for businesses?
Answers
When a company seeks to offer shares or bonds to investors, investment banks basically take on the role of brokers. The correct option is C.
What is meant by Investment Banks?
Investment banking is the term used to describe a number of activities carried out by a financial services firm or corporate division that involve advisory-based financial transactions on behalf of private persons, public companies, and governmental entities. Investment banks essentially act as brokers when a business wants to sell shares or bonds to investors. The investment bank provides support in managing regulatory requirements and pricing financial products to optimize profit. Investment banks serve as an intermediary between investors and large corporations.
They primarily advise businesses and governments on how to address their financial concerns and assist them in obtaining finance, whether it comes via stock offers, bond issuance, or derivative products.
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Complete question
In the United States, which of these financial institutions arrange most primary market transactions for businesses?
a. Asset transformer
b. Direct transfer agents
c. Investment banks
d. Over-the-counter agents
2.Which of these statements is true?
a. The higher the default risk, the higher the interest rate that security buyers will demand.
b. The lower the default risk, the higher the interest rate that security buyers will demand.
c. The default risk does not impact the interest rate that security buyers will demand.
d. The higher the default risk, the lower the interest rate that security buyers will demand.
"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation
Answers
Answer:
ii. a personal note would have been the richest medium for communicating this information
Explanation:
ii. a personal note would have been the richest medium for communicating this information
In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.
When does a person face disappointment?
A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.
In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
Answers
To calculate the sales growth, you can use the following formula:
(Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year x 100%
Plugging in the numbers, we get:
($150,000 - $125,000) / $125,000 x 100% = 20%
Therefore, the sales growth is 20%.
Sales Growth = (Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year × 100%
Sales Growth = ($150,000 - $125,000) / $125,000 × 100%
Sales Growth = $25,000 / $125,000 × 100%
Sales Growth = 0.2 × 100%
Sales Growth = 20%
Therefore, the Sales Growth is 20%.
Jaylen wants to open an account where he can access money whenever he
needs it. Which type of account should Jaylen open?
A. Money market account
B. Savings account
C. Checking account
D. Certificate of deposit
Answers
What must be shown to prove negligence that is not needed to prove strict
liability?
A. Injury
B. Fault
C. Stream of commerce
D. Defective product
Answers
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
A.P.E.X is D
Explanation:
Tom is the CEO of a jewelry business based in Boston. He needs to send a parcel of 200 diamonds as quickly as possible to a partner in Canada. What mode of transport should he use?
A.
road
B.
sea
C.
air
D.
rail
E.
rail and road
Answers
make me brainless pls pls pls pls pls
Answers
Answer: I can't but I can give you the fact that you cannot get brainliest by asking that.
Explanation:
crane, inc. the lessee leases an asset for a 10-year lease term. crane appropriately accounted for the lease as a finance lease and recorded a right-of-use asset for $600,000. the asset has a useful life of 12 years. how much amortization expense should crane record each year? crane, inc. the lessee leases an asset for a 10-year lease term. crane appropriately accounted for the lease as a finance lease and recorded a right-of-use asset for $600,000. the asset has a useful life of 12 years. how much amortization expense should crane record each year? cannot be determined $60,000 correct $50,000 $54,545
Answers
The correct answer is $60,000 i.e. crane amortization expense should record each year.
How much amortization expense should crane record each year?
The amortization expense of a finance lease is the amount of the right-of-use asset divided by the total lease term. In this case, the right-of-use asset is $600,000 and the lease term is 10 years.Therefore, the amortization expense is $600,000 divided by 10, which equals $60,000.
The theory used in this question is the amortization of a finance lease. A finance lease is an agreement in which the lessee obtains the right to use an asset for a specified period of time in return for payments to the lessor.
The amortization of a finance lease is the amount of the right-of-use asset divided by the total lease term.
To learn more about finance lease refer :
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How many milliliters are in 1 quart?
Answers
how does tax increase cost of production?
Answers
Answer:
Tax incidence is the effect a particular tax has on the two parties of a transaction; the producer that makes the good and the consumer that buys it. The burden of the tax is not dependent on whether the state collects the revenue from the producer or consumer, but on the price elasticity of supply and the price elasticity of demand. To understand how elasticities influence tax incidence, it is important to consider the two extreme scenarios and how the tax burden is distributed between the two parties.
Answer:
As with the specific tax, the tax raises production costs, but the amount of tax varies with price level.
Explanation:
When does a salesperson generally move in to close a deal?
A. after establishing rapport
B. after qualifying the lead
C. after answering objections
D. after delivering the sales pitch
Answers
So C.
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.
QUESTION 8 of 10: You buy a lathe for $20,000. Its useful life is 10 years. Each week, over 10 years, you recognize an equal portion of its cost. This is called depreciation. What is your weekly depreciation for the lathe?
Answers
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46