Assuming an amendment or law was passed during a recession, it could potentially have both positive and negative consequences.
For example, if the law or amendment provided for increased government spending on infrastructure, it could stimulate the economy by creating jobs and boosting demand for goods and services. On the other hand, if the law or amendment included significant tax increases or regulation that hindered businesses' ability to operate, it could exacerbate the recession by reducing investment and stifling growth.
Additionally, if the law or amendment increased government debt, it could have long-term negative consequences for the economy by reducing the government's ability to respond to future crises and potentially leading to inflation. Ultimately, the specific consequences of an amendment or law passed during a recession would depend on its specific provisions and how they interacted with the broader economic context.
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Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answer:
March 1
Dr Rent expense $1460
Cr Cash $1460
March 3
Dr Accounts receivable $170
Cr Service revenue $170
March 5
Dr Cash $90
Cr Service revenue $90
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
March 12
Dr Cash $170
Accounts receivable $170
March 14
Dr Salaries and wages expense $640
Cr Cash $640
March 22
Dr Utilities expense $88
Cr Cash $88
March 24
Dr Cash $1830
Cr Notes payable $1830
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
March 28 Accounts payable $630
Cash $630
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
Explanation:
Preparation of Journal entries
March 1
Dr Rent expense $1460
Cr Cash $1460
(To record rent expense paid)
March 3
Dr Accounts receivable $170
Cr Service revenue $170
(To record services performed on account)
March 5
Dr Cash $90
Cr Service revenue $90
(To record services performed for cash)
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
(To record equipment purchased)
March 12
Dr Cash $170
Accounts receivable $170
(To record cash received from customers)
March 14
Dr Salaries and wages expense $640
Cr Cash $640
(To record wages paid to employees)
March 22
Dr Utilities expense $88
Cr Cash $88
(To record utilities expense paid)
March 24
Dr Cash $1830
Cr Notes payable $1830
(To record cash borrowed by signing a note)
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
(To record cash paid for repairs)
March 28 Accounts payable $630
Cash $630
(730-100)
(To record cash paid to accounts payable)
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
(To record prepaid insurance paid)
Suppose you will receive payments of $14,000 at the beginning of the next 16 years (i.e., the first payment is today). What is the present value of all the payments? The interest rate is 2%.
Enter your response below (rounded to 2 decimal places).
he present value of receiving payments of $14,000 at the beginning of the next 16 years, with an interest rate of 2%, is approximately $198,734.71.
The present value of future cash flows can be calculated using the formula for present value of an annuity. In this case, we have a series of payments over a fixed period of time. The formula to calculate the present value of an annuity is:
PV = P * (1 - \((1+r)^{-n}\)) / r
where PV is the present value, P is the payment amount, r is the interest rate, and n is the number of periods.
In this scenario, P is $14,000, r is 2%, and n is 16. Plugging these values into the formula, we get:
PV = $14,000 * (1 - \((1+0.02)^{-16}\)) / 0.02 ≈ $198,734.71
Therefore, the present value of all the payments is approximately $198,734.71. This means that if you were to receive a lump sum of $198,734.71 today and invest it at an interest rate of 2%, it would be equivalent to receiving $14,000 at the beginning of each of the next 16 years.
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5.
An efficient economy is one that
Ouses its resources to make the most goods and services.
Ohas very few people who do not work for a living.
Omake it possible to increase an economy's output.
Omakes the best use of all its goods and services.
I
In an effort to expand the usefulness of its activity-based costing system, Peter Catalano's Verde Vineyards decides to adopt activity- based management (ABM) techniques. One of these ABM techniques is classifying its activities as either value-added or non-value- added. 1. Spraying: The vines are sprayed with chemicals for protection against insects and fungi. 2. Harvesting: The grapes are hand-picked, placed in carts, and transported to the crushers. 3. Stemming and crushing: Cartfuls of bunches of grapes of each variety are separately loaded into machines, which remove stems and gently crush the grapes. 4. Pressing and filtering: The crushed grapes are transferred to presses that mechanically remove the juices and filter out bulk and impurities. 5. Fermentation: The grape juice, by variety, is fermented in either stainless-steel tanks or oak barrels. 6. Aging: The wines are aged in either stainless-steel tanks or oak barrels for one to three years, depending on the variety. Bottling and corking: Bottles are machine-filled and corked. 7. 8. Labelling and boxing: Each bottle is labelled, as is each nine-bottle case, with the name of the vintner, vintage, and variety. Storing: Packaged and boxed bottles are stored awaiting shipment. 9. 10. Shipping: The wine is shipped to distributors and private retailers. 11. Heating and air-conditioning of plant and offices. Maintenance of buildings and equipment: Repairs, replacements, and general maintenance are performed in the off- 12. season. For each of Verde's activity cost pools, classify each of the activities as either value-added or non-value-added. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Spraying Harvesting Stemming and crushing Pressing and filtering Fermentation Aging Bottling and corking Labelling and boxing Storing Shipping Heating and air-conditioning of plant and offices Maintenance of buildings and equipment
Value-added activities are those that directly contribute to the production or delivery of a product or service, adding value from the customer's perspective. Non-value-added activities are those that do not directly contribute to the value of the product or service.
Based on this classification, we can categorize the activities as follows:
Value-added activities:
1. Harvesting
2. Stemming and crushing
3. Pressing and filtering
4. Fermentation
5. Aging
6. Bottling and corking
7. Labelling and boxing
8. Storing
9. Shipping
Non-value-added activities:
1. Spraying
2. Heating and air-conditioning of plant and offices
3. Maintenance of buildings and equipment
The value-added activities are directly involved in the production and processing of grapes into wine, including activities such as harvesting, crushing, fermentation, aging, bottling, labelling, storing, and shipping. These activities contribute directly to the creation of the final product and are essential for delivering value to customers.
On the other hand, non-value-added activities such as spraying, heating and air-conditioning of plant and offices, and maintenance of buildings and equipment do not directly contribute to the production or processing of grapes into wine. While these activities may be necessary for maintaining the facilities and ensuring a conducive environment, they do not add value from the customer's perspective.
Based on the classification of value-added and non-value-added activities, the activities at Verde Vineyards can be categorized as mentioned above. Identifying and distinguishing between these activities can help the company focus its resources and efforts on activities that add value to the production and delivery of their wines.
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The market value of Fords' equity, preferred stock and debt are $ 6 billion, $ 2 billion, and $ 12 billion, respectively. Ford has a beta of 1.8, the market risk premium is 8%, and the risk-free rate of interest is 4%. Ford's preferred stock pays a dividend of $ 2.50 each year and trades at a price of $ 25 per share. Ford's debt trades with a yield to maturity of 10%. What is Ford's weighted average cost of capital if its tax rate is 40%?
Answer:
10.12 %
Explanation:
Weighted Average Cost of Capital (WACC) is the cost of permanent sources of capital pooled together. It shows the risk of the business and is used to evaluate projects.
WACC = Cost of equity x Weight of Equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock
Remember to use the After tax cost of debt :
After tax cost of debt = Interest x (1 - tax rate)
= 10% x ( 1 - 0.40)
= 6.00 %
Cost of equity :
Cost of equity = Return from Risk free security + Beta x Risk Premium
= 4.00 % + 1.8 x 8.00%
= 18.40 %
Cost of Preference Stock :
Cost of Preference Stock = Dividend / Market return x 100
= $2.50 / $ 25 x 100
= 10%
therefore,
WACC = 18.40 % x 30 % + 6.00 % x 60 % + 10.00% x 10%
= 10.12 %
thus,
Ford's weighted average cost of capital is 10.12 %
Question 6 of 10 When making an ad, avoid using:
A. catchy headlines
B. too few words
C. too much info
D. audience knowledge
Answer:
Its A
Explanation:
Because people dont like wierd ads and sketchy things
Answer:
too much info. Marketing should generate the greatest interest with the fewest words
Write a one page minimum Implementation Plan for a company looking to invest or operate in Australia. Implementation: Make sure your implementation discusses the following in proper detail:
- Discuss how a company should go about investing or operating a business in Australia
- Detailed + practical action to put recommendations in place (both short & long-run)
- Timeline of sequence of actions,
Implementation Plan for Investing or Operating a Business in Australia are as follows:
1. Research and Analysis:
Conduct a thorough market research and analysis to identify potential business opportunities, market trends, competition, and regulatory requirements.
2. Legal and Regulatory Compliance:
Familiarize yourself with the Australian legal system, business laws, and regulations, including those related to company formation, taxation, employment, and intellectual property rights.
3. Business Structure and Set-Up:
Choose an appropriate business structure, such as a sole proprietorship, partnership, or company, considering factors like liability, tax implications, and ease of operation.
4. Financing and Funding:
Assess the financial requirements for setting up and operating the business in Australia.
5. Talent Acquisition and Workforce Planning:
Determine the staffing needs and skill requirements for the business.
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Which of the following budgets
would be considered balanced?
A budget where the amount you spend is greater than the amount you
earn.
A budget where the amount you earn is equal or less than to the amount
you spend.
A budget where the amount you save is less than the amount you spend.
A budget where the amount you spend is equal or less than the amount
you earn.
Under this kind of program, cities demolished poor neighborhoods in city centers that occupied potentially valuable real estate; in its place were constructed retail centers and all-white middle-income housing complexes. a.white flight b.neighborhood stabilization program c.urban renewal d.suburbs
The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
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Which combination of shifts of aggregate demand and supply would definitely cause an increase in real gdp?
The demand shifts to right and supply shifts to the right.As a result, aggregate demand and GDP increase or decrease together.
Productivity increase is ultimately the most significant factor affecting the Supply curve. How much production can be produced with a given amount of work is known as productivity in the economics world. GDP per capita, which is one metric for this, is production per worker. Productivity increases throughout time, allowing the same amount of work to create more output.
Because businesses may produce more output at all price levels with increased productivity, the Supply curve moves to the right as productivity rises.
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Which term is used to describe the companies that have low customer contact and are capital intensive, yet they provide a service
The term that is used to describe companies that have low customer contact and are capital intensive, yet they provide a service is "service factory."
A service factory is a type of service organization that has low customer contact and is capital intensive, yet it provides a service. This type of service factory can be found in industries such as utilities and telecommunications. The company's operations are usually mechanized, and its service delivery is standardized.
For example, a power plant could be considered a service factory because it provides electricity to its customers. The customer has very little interaction with the power plant but relies on its service to operate their homes or businesses.
The primary goal of a service factory is to maximize efficiency and minimize costs. These companies typically use technology and automation to streamline their operations. They are often highly regulated and have large capital investments, which can make it difficult for new entrants to enter the market. Overall, service factories are an important part of the economy because they provide essential services to customers.
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FILL IN THE BLANK. Electrical forces ____.
(static electricity)
a. can cause objects to only attract each other
b. can cause objects to only repel each other
c. can cause objects to attract or repel each other
d. have no effect on objects
Electrical forces can cause objects to attract or repel each other.
Option C is correct.
Electrical forces are one of the fundamental forces of nature that govern the behavior of electrically charged particles, such as protons and electrons. These forces arise due to the interaction between the electrically charged particles and are responsible for the attraction or repulsion of particles.
The strength of the electrical force is determined by the magnitude of the charge on the particles and the distance between them. Like charges (i.e., positive-positive or negative-negative) repel each other, while opposite charges (i.e., positive-negative) attract each other. The magnitude of the force decreases as the distance between the particles increases.
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A person's pulse rate and blood pressure are indicators of a person's health. Similarly, __________ can help assess the health of a business. Multiple Choice transactions databases financial statements
A person's pulse rate and blood pressure are indicators of a person's health. Similarly, financial statements can help assess the health of a business.
Financial statements are written documents that describe a company's operations and financial performance. Financial statements, such as the balance sheet, income statement, and cash flow statement, provide important information about a business's financial health and performance.
These statements summarize the company's financial transactions, including its revenues, expenses, assets, liabilities, and equity. By analyzing financial statements, stakeholders can assess a company's profitability, liquidity, solvency, and overall financial well-being. These statements provide a comprehensive view of the company's financial position and help in making informed decisions about investments, lending, strategic planning, and evaluating the company's operational effectiveness.
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A company purchases a piece of equipment for $50,000. The company
estimates a useful life of 10 years and a salvage value of $5,000. Using
straight-line depreciation, what is the depreciation expense each year?
A. $5,000
B. $4,500
C. $5,500
D. $4,000
Using straight-line depreciation, the depreciation expense each year is $4,500. Hence the correct answer is option B.
To calculate the depreciation expense each year using straight-line depreciation, we need to subtract the salvage value from the initial cost and divide it by the useful life of the equipment.
Depreciation Expense = (Initial Cost - Salvage Value) / Useful Life
In this case, the initial cost is $50,000, the salvage value is $5,000, and the useful life is 10 years.
Depreciation Expense = ($50,000 - $5,000) / 10
Depreciation Expense = $45,000 / 10
Depreciation Expense = $4,500
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The amount businesses have left after paying their rent, interest on debt, and employee costs is called profits.
True
False
Answer:
Answer above mine is incorrect, real answer is TRUE
Explanation:
Which of the following statements exemplifies the entity theory of partnership taxation?
A) Partnerships are taxable entities.
B) Partnerships determine the character of separately stated items at the partnership level.
C) Partnerships make the majority of the tax elections.
D) Both partnerships are taxable entities and partnerships make the majority of the tax elections. E) Both partnerships determine the character of separately stated items at the partnership level and partnerships make the majority of the tax elections.
The correct option is E. Both partnerships determine the character of separately stated items at the partnership level and partnerships make the majority of the tax elections.
The entity theory of partnership taxation holds that partnerships are treated as separate entities for tax purposes. In this context, the statement that best exemplifies the entity theory is option E.
which states that partnerships determine the character of separately stated items at the partnership level (indicating the entity-level treatment) and partnerships make the majority of the tax elections (further reinforcing the entity-level perspective).
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he changes in the American business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in Multiple Choice the labor force. technology. financial regulations. consumer behavior.
It should be noted that the most dramatic impact on the workings of the free enterprise system is felt by changes in the labor force.
What is Free enterprise?Free enterprise serves as the freedom of individuals and businesses to undergo regulation.
It gives the individuals in businesses to create, produce on their own, no one forces people against their belief and this is felt by labor force.
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In IS implementation, which factor can lead to the risk of loss of confidentiality?
A.
loss of key employees
B.
poor password practices
C.
loss of hardware
D.
unskilled personnel
Answer:
B. poor passward practices
Explanation:
I dont have one exept that I took the edmentum test and it was right.
Answer:
THe answer is B
Explanation:
What is the first step to creating a winning value proposition?.
Answer:
Tactics to Develop an Effective Value Proposition. Conduct research to determine the value proposition of your competitors. Explain the value of your products and services. Describe the benefits your ideal customer will experience when they choose your product or service over the competition.
Which of the following audiences is least likely to be interested in seeing
data in a report?
Answer:
The audience with minimum knowledge and having other tasks are least likely to be interested in seeing data in the report.
Explanation:
It is a general overview that a person who is more accustomed with data entry and data analysis is more likely to view and analyze the data in the report.
It is also important to attract the attention of the audience through the speaker or data provider.
Thus, the interest of the audience depends on various factors and can be judged accordingly.
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An S corporation does not recognize a loss when distributing assets that are worth less than their basis. a) True b) False.
b) False. An S corporation does recognize a loss when distributing assets that are worth less than their basis.
When an S corporation distributes assets with a fair market value lower than their adjusted basis, it results in a loss for the corporation. This loss can be recognized and used to offset other income or gains of the S corporation, reducing its taxable income. It is important to note that shareholders of the S corporation may have limitations on deducting the loss on their personal tax returns. Loss refers to a financial outcome where the expenses or costs incurred by an individual, business, or entity exceed the revenue or income generated. It represents a negative result in terms of financial performance. Losses can occur in various contexts, such as in business operations, investments, or personal finances. In business, losses can result from factors such as low sales, high expenses, inefficient operations, or unfavorable market conditions. They can impact profitability and financial stability, and businesses often aim to minimize or mitigate losses through strategic planning, cost control, and risk management.
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A startup business estimates first-year revenues at $93,000. Their cost of
goods sold is estimated at $41,200. The following amounts are estimates of
operating expenses for that year: rent, $11,400; utilities, $1,080; salaries,
$18,000; advertising, $950; supplies, $500; insurance, $1,800; other, $350.
What are the total estimated operating expenses?
A. $34,080
B. $41,200
C. $75,280
Annual costs for a 4-year loan at 10% will be about $30 for each $100 borrowed (30/100 x amount borrowed x 4). How much are the approximate total costs (4-year loan, plus downpayment, plus initial costs) for each car?
To calculate the approximate total costs for each car, we need to add the annual costs for the 4-year loan, the downpayment, and the initial costs. Here's how to do it:
1. Calculate the annual costs for the 4-year loan: $30 for each $100 borrowed x amount borrowed x 4 = annual costs
2. Add the downpayment to the annual costs: annual costs + downpayment = total loan costs
3. Add the initial costs to the total loan costs: total loan costs + initial costs = approximate total costs
So, the approximate total costs for each car will be the sum of the annual costs for the 4-year loan, the downpayment, and the initial costs.
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The ____ is the amount earned on an investment for a given period of time.
Answer:
Investment income.
Explanation:
Investment income is income that comes from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit made through an investment vehicle. Generally, individuals earn most of their total net income each year through regular employment income.
hope this helped broski =))
Prompt
What is liability?
Read More >>
Answer:
jobless
Explanation:
someone who depend on other people
You are a project manager in a strong matrixed organization. Your project plan has been approved, and therefore you have management backing to execute. A stakeholder notifies you of critical functionality for the end product, which is missing in the design document.
Your next step is to:
Answer:
Ensure the change request is documented and presented to the Change Control Board.
Explanation:
As a project manager in a strong matrixed organization, it is important to ensure that all stakeholders are involved in the project planning and design process. However, in the event that a stakeholder notifies me of critical functionality that is missing in the design document, my next step would be to assess the impact of this missing functionality on the project timeline, budget, and overall success.
After assessing the impact as a project manager, I would then work with the project team and the stakeholder to identify potential solutions or workarounds that could address the missing functionality. This may involve revising the project plan, adjusting the budget, or potentially adding additional resources to the project team. It is important to communicate any changes or adjustments to the project plan to all stakeholders, including management, to ensure that everyone is aware of the impact on the project timeline and budget. Additionally, I would work with the design team to ensure that any revisions to the design document are captured and documented appropriately. Overall, as a project manager in a strong matrixed organization, it is important to remain flexible and adaptable in the face of changing stakeholder requirements and to work collaboratively with all project team members to ensure project success.
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This exercise parallels the machine-purchase decision for the Mendoza Company that is discussed in the body of the chapter. Assume that Mendoza is exploring whether to enter a complementary line of business. The existing business line generates annual cash revenues of approximately $5,000,000 and cash expenses of $3,600,000, one-third of which are labor costs. The current level of investment in this existing division is $12,000,000. (Sales and costs of this division are not affected by the investment decision regarding the complementary line.)
Mendoza estimates that incremental (noncash) net working capital of $30,000 will be needed to support the new business line. No additional facilities-level costs would be needed to support the new line—there is currently sufficient excess capacity. However, the new line would require additional cash expenses (overhead costs) of $400,000 per year. Raw materials costs associated with the new line are expected to be $1,200,000 per year, while the total labor cost is expected to double.
The CFO of the company estimates that new machinery costing $2,500,000 would need to be purchased. This machinery has a seven-year useful life and an estimated salvage (terminal) value of $400,000. For tax purposes, assume that the Mendoza Company would use the straight-line method (with estimated salvage value considered in the calculation).
Assume, further, that the weighted-average cost of capital (WACC) for Mendoza is 14% (after-tax) and that the combined (federal and state) income tax rate is 40%. Finally, assume that the new business line is expected to generate annual cash revenue of $3,600,000.
Required:
Determine relevant cash flows (after-tax) at each of the following three points:
(1) project initiation,
(2) project operation, and
(3) project disposal (termination). For purposes of this last calculation, you can assume that the asset is sold at the end of its useful life for the salvage value used to establish the annual straight-line depreciation deductions; further, you can assume that at the end of the project’s life Mendoza will fully recover its initial investment in net working capital.
The relevant cash flow is $1,370,000. During project operation, the cash flow depends on the cash revenue, cash expenses, depreciation expense, and tax rate. Project Initiation: Cash revenue from existing business line: $5,000,000.
Project Operation: Cash revenue from new business line: $3,600,000 Cash expenses from new business line: $400,000 (overhead costs) + $1,200,000 (raw material costs) + $1,200,000 (labor costs doubled) Depreciation expense: ($2,500,000 - $400,000) / 7 Tax rate: 40%.
During project operation, the cash flow depends on the cash revenue, cash expenses, depreciation expense, and tax rate. Finally, at project disposal, the cash flow is determined by the salvage value of the machinery and the recovery of the initial investment in net working capital.
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Clare sells gourmet boxes of chocolates. One box of chocolates costs Nancy $6.75 to produce. She sells her boxes of chocolate for $10.00.
What is Clare's
return on investment (ROI)?
A.46%
B.45%
C.48%
D.47%
Based on the information given s Clare's return on investment (ROI) is: C.48%.
Return on investment (ROI)Using this formula
Return on investment (ROI)=Selling price-Cost of production/Selling price ×100
Where:
Selling price=$10
Cost of production=$6.75
Let plug in the formula
Return on investment (ROI)=10-6.75/6.75
Return on investment (ROI)=3.25/6.75×100
Return on investment (ROI)=48%
Inconclusion Clare's return on investment (ROI) is: C.48%.
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Answer:
48%
Explanation:
I took the quiz
After having a discussion with your parents, you have thought about your future income from a career of your choosing. Which of the following should not have an impact on your future earnings?
a. the amount of training needed for your job
b. your previous experience
c. the amount of education you have
d. where you went to high school
The study of how people (or firms) behave in strategic situations is known as _____________________
A) game theory
B) cost-benefit analysis
C) product differentiation
D) marginal analysis
"The study of how people (or firms) behave in strategic situations is known as game theory." Option A is correct.
"Game theory," is the correct answer because it is the formal study of how individuals or firms interact strategically to achieve their objectives. On the other hand, options B, C, and D do not accurately describe the study of strategic behavior. Cost-benefit analysis is a technique for evaluating the potential gains and losses of a decision, but it does not consider the actions of other individuals or firms.
Product differentiation refers to the process of making a product or service distinct from its competitors, but it does not necessarily involve strategic decision-making. Marginal analysis is a method for analyzing the incremental costs and benefits of a decision, but it does not incorporate the interactions between individuals or firms in a strategic situation.
Option A holds true.
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