HR compensation specialists were conducting a market salary survey as part of the process for developing a pay system for the Ocean Corporation. In designing the market salary survey, the company should be sure to collect salary data about ________blank jobs.
Multiple Choice:
Nonkey
Key
Executive
Global
Nonbenchmark
Answers
In designing the market salary survey, the company should be sure to collect salary data about nonbenchmark jobs. The correct option is e.
An HR compensation specialist collects, interprets, and analyses salary and benefits-related data for a firm. As a result, a compensation specialist should know what the market offers. As a result, when designing a salary survey, the firm should be sure to gather salary data about nonbenchmark jobs.
Nonbenchmark jobs are positions that are unusual, difficult to classify, or do not have a lot of data points for comparison in the industry. Nonbenchmark positions are positions for which no immediate or direct comparison is available. There may be a few individuals who perform these tasks, or the position may be too unique to be compared to others. As a result, HR departments must use alternative methods, such as industry associations, professional groups, or publicly available salary data to determine how to compensate these types of employees.
Nonbenchmark jobs are frequently specialized and require skills or experience that are not typical for positions in the same sector. As a result, nonbenchmark jobs can require a more thorough examination of industry pay data or more comprehensive surveys to get a true picture of how to compensate employees.
A company should also compare its pay rates to the rates of other companies in the area to see if their pay system is competitive, which will aid in attracting and retaining top talent. The correct option is e.
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Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answers
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
Because, Activity-Based Costing considers the resources each product actually? uses, it
A. ultimately calculates a single plantwide allocation rate.
B. can only be used in companies which have process costing.
C. results in product costs being calculated more accurately.
D. computes allocation rates based primarily on direct labor rates.
Answers
The correct answer is C. Activity-Based Costing (ABC) results in product costs being calculated more accurately.
ABC allocates costs to products based on the resources each product actually uses, rather than relying solely on traditional cost allocation methods such as direct labor or machine hours.
By identifying and assigning costs to specific activities or cost drivers, ABC provides a more detailed and accurate understanding of the costs associated with producing a product. This approach allows for a better allocation of indirect costs, which leads to more accurate product cost calculations and helps management make informed decisions regarding pricing, profitability analysis, and resource allocation. ABC is particularly useful in companies with complex operations or diverse product lines, as it provides a more granular view of cost allocation and helps identify areas of inefficiency or opportunities for cost reduction.
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A study showed that 47 percent of entrepreneurs were under age 35 when they started their businesses. The same study showed 16 percent were
under the age of 25. If there were 1,855 total entrepreneurs, how many were under the age of 35 when they started their businesses?
Answers
Answer:
872 entrepreneurs
Explanation:
Total number of entrepreneurs was 1855. 47 % were under 35 years. 25% were under 25. the age bracket of under 35 includes people under 25 years.
Entrepreneurs under the age of 35 were 47 percent of 1855
=47/100 x 1855
=0.47 x 1855
=871.85
=872 entrepreneurs
a company’s _ tells you how much money the company has left over after subtracting all expenses
Answers
Answer:
A company's net profit tells you how much money the company has left over after subtracting all expenses.
Explanation:
A net profit, is when all of the companies money is spent on the things they need... and then it shows you what is left over. A company's profit is called net income or net profit. Net profit or income, is the total money remaining after accounting all of the cash flows, positive and negative numbers included.
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A graph titled Funding for House Elections 2011 to 2012 shows parties on the horizontal axis and dollars (hundreds of millions) on the vertical axis. Approximately 610 of Republican funding was total raised, 200 was P A C funding, and 350 was individual funding. Approximately 490 of Democratic funding was total raised, 165 was P A C funding, and 290 was individual funding.
Look at this graph, showing funding for campaigns for election to the House of Representatives, 2011–2012.
What is the most logical conclusion that can be drawn from this graph?
Both parties are dependent on raising huge sums of money to fund their House campaigns.
PAC spending is not a significant factor when it comes to raising money for House campaigns.
The Democrats will always raise more money for House campaigns from individuals than the Republicans will.
Campaign funding laws have reduced the amount of money needed to fund House campaigns.
Answers
Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.
Explanation:
Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.
Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.
Answer:
A
Explanation:
When thinking about hospitality, it's important to remember that there is both an arrival and a departure.
True
False
Answers
Which describes absolute advantage?
A.) ability to produce more cheaply
B.) existence of lower opportunity costs than competitors
C.) performance of a particular productive task within an economic system
D.) best alternative given up by a particular production decision
Answers
A producer has an absolute advantage over its rivals when it can create an item or service in a higher volume for the same price, or in the same volume at a cheaper price.
Which describes absolute advantage?
The capacity of a producer to outproduce a rival in terms of production of a products or service. Comparative advantage: When a producer can create a commodity or service for less money than a rival.
The capacity to produce at a lower cost; a comparative advantage over rivals in that there are reduced opportunity costs; Performing a certain productive work well within an economic system is known as specialisation. Protectionism: The presence of restrictions on free commerce.
The capacity of a company to create more and sell more of an item or service than competitors while utilizing the same amount of resources is referred to as having an absolute cost advantage in economics.
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Bankruptcy can make it difficult for you to get a loan, rent an apartment, or even get a job. True or false?
Answers
Answer:
True
Explanation:
It is true.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor.
Bankruptcy helps individuals who can no longer pay their debts get a fresh start by liquidating assets to spend on their debts or by creating a repayment plan. Bankruptcy laws also rescue financially troubled businesses. This section defines the bankruptcy process and laws.
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Please, discuss 2-3 major advantages and disadvantages of both free market and the command way of running the cafeteria.
Answers
Answer:
Free MarketA free market economy promotes the production and sale of goods and services, with little to no control or involvement from any central government agency.
Explanation:
Advantage:
Absence of Red TapeFreedom to InnovateCustomers Drive ChoicesDisadvantage
Limited Product RangesDangers of Profit MotiveMarket Failurescommand way of running the cafeteria.There are advantages and disadvantages of running the cafeteria in either way. In the original example, the cafeteria is being run like a command economy. In this scenario, all students are looked after; the meals are cheaper because they are government subsidized, and the food is healthier because the students do not have as much of a say. Some disadvantages of this way of running the cafeteria include that the students are very dissatisfied with the school food, there are feelings of frustration because the principal won’t listen to the students’ requests, and the students have turned to a silent rebellion to voice their opinion. Running the school like a market economy also has advantages and disadvantages. The students are far more satisfied with their school food, and are pleased that their voice is listened to, however they are eating less healthy foods, and the lunch is more expensive because it is not government.
Background info: Gulfstream G150 is one of the fastest mid-size business jet aircrafts developed by Gulfstream Aerospace Corporation in partnership with Israel Aircraft Industries (IAI). Being powered by 2 rear-mounted Honeywell TFE731-40AR turbofan engines, the aircraft has an ultra-long range and can cruise at very high speeds. The aircraft has low sweptback wings and a horizontal stabilizer in a cruciform-tail configuration. It has a capacity of housing up to 9 occupants. Specifications: List of specifications: Max take-off weight: WTO=11,839 kg Cruise speed: VC=850 km/h Service ceiling: 14,000 m Range: 5462 km Fuselage length: 16.94 m Wing area: S=29.41 m2 Wing span: b=16.64 m Mean chord: c=1.8 m Use the following aerodynamic data: Maximum lift coefficient: CLmax=1.5 Minimum lift coefficient: CLmin=−1.2 Lift slope: CLα=5.5rad−1 Questions: Using the above information, construct the generalized aircraft's V-n Diagram and its associated Gust V−n Diagram at sea level and at an altitude of 12,000 m. Describe your solution steps and results clearly. Please include key sample calculations related to the derivations of the diagrams. (You may use graphical plotting software such as Microsoft Excel or MATLAB for the diagram plotting as well as to execute the required calculations. Otherwise, you can also manually plot the diagrams on graph papers. ) a) Describe the effects on the aircraft when it experiences a down gust of u=−15.25 m/s as it cruises at 0.7Vc in a steady level flight at sea level and at 12,000 m altitude? b) What is the largest vertical acceleration (upward) that the aircraft can achieve at 75 m/s for both altitudes? c) Calculate the aircraft's penetration speed for the gust speed of u=−15.25 m/s at both altitudes.
Answers
The generalized aircraft's V-n Diagram and Gust V-n Diagram can be constructed by determining the load factor (n) at various speeds (V) and comparing them to the maximum and minimum allowable values based on aerodynamic limits and gust considerations.
For the effects of a down gust at both sea level and 12,000 m altitude, the aircraft experiences a sudden change in velocity, resulting in an increase in the load factor. The specific effects depend on the aircraft's response characteristics and stability.
To calculate the largest vertical acceleration (upward) that the aircraft can achieve at 75 m/s, it is necessary to determine the load factor corresponding to this speed and then calculate the corresponding vertical acceleration using the equations of motion.
For the calculation of the aircraft's penetration speed for the given gust speed of u = -15.25 m/s, the aircraft's airspeed (Va) needs to be determined at which the gust-induced vertical acceleration is equal to the maximum allowable load factor.
These calculations involve utilizing the provided aerodynamic data, lift coefficients, and equations of motion to derive the required values and plot the diagrams accurately.
Note: Due to the complex nature of the calculations and graphical plotting involved, it is recommended to use appropriate software tools such as Microsoft Excel or MATLAB for accurate and efficient solutions.
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5 creative ideas that have changed how we live
Answers
Answer:
talent without Hard work is nothing
don't waste time
believe in yourself never lose hope and dream big and chase them
work hard now and be proud later
sometime doing smart work with hard work is really important
never judge anyone coz. you never know a person's suffering ......
always be kind but never lose your self respect for anyone you love coz. if that person really loves you than he/she never make a thing that much big that affects your self respect or make you depress
be consistent maintain your time properly and complete your daily to daily tasks and think positive which develops confidence in you
don't run on towards the different different peeples to find love just improve yourself day by day and one day you automatically will have the person whom deserves you .....
respect elders especially parents and teachers and listen to them
don't hurt somebody just went away from the place you don't like
and eat healthy stay happy be confidence accept your faults and flaws and try to improve them never think what others says just do what you want the people will gonna demotivate you and taunt you but will also come to you when they need at the time when you will get success
Also, try to wake up early and be the part of humanity
THERE ARE SO MANY THINGS AND I AM TIRED OF WRITING NOW BUT YA I HOPE ITS HELP YOU TO BRINGS IMPROVEMENT IN YOUR LIFE ........
a corporation is a separate entity for accounting purposes but not for legal purposes. true false
Answers
False. A corporation is considered a separate entity for both accounting and legal purposes. In terms of accounting, this means that a corporation's financial records are kept separate from the personal financial records of its owners, known as shareholders.
This separation allows for a clear understanding of the corporation's financial position and performance, making it easier to analyze and make informed business decisions.
From a legal perspective, a corporation is also considered a separate legal entity. This distinction provides limited liability protection for its shareholders, meaning that they are generally not personally liable for the corporation's debts or legal issues. Instead, the corporation itself is responsible for its own obligations and liabilities. This separation allows shareholders to invest in the corporation without risking their personal assets.
In summary, a corporation is a separate entity for both accounting and legal purposes, offering distinct advantages such as limited liability protection for shareholders and a clear representation of its financial situation.
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What age is defined as a minor by the US federal government?
Answers
Anyone under the age of 18 is considered a minor by the U.S. federal government.
Explanation:
Every state has an "age of majority" that is typically 18 years old. Until they are emancipated, those under this age are considered minors and must be looked after by a parent or guardian.
A minor is a person who is not a legal adult according to the law. This age is usually the so-called "age of majority." The majority age varies by jurisdiction and application but is typically 18 years old. The word "minor" can also be employed in situations that have nothing to do with the general age of the majority.
For instance, the legal drinking and smoking age in the United States is 21, and even though a person is at least 18, they may still be referred to as a juvenile under the terms of the tobacco and alcohol laws if they are under 21.
Therefore, the age of 18 is defined as minor age by the US Federal government.
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what is used as a set of standard in measurement?
Answers
Explanation:
A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.
The income effect of an increase in the price of salmonA) is the change in the demand for salmon when income increases.B) refers to the relative price effect—salmon is more expensive compared to other types offish—which causes the consumer to buy less salmon.C) refers to the effect on a consumer's purchasing power which causes the consumer to buy lesssalmon, holding all other factors constant.D) is the change in the demand for other types of fish, say trout, that results from a decrease inpurchasing power.Table 10-2
Answers
Income effect of an increase The correct option is A) is the change in the demand for salmon when income increases.
The possibility for spending and saving that an entity has obtained during a specific period of time is referred to as income, which is often expressed in monetary terms. [1] Income is a difficult concept to define, and different sectors could have different definitions. [2] Required Page For instance, a person's income in a legal sense and their income in an economic sense may not be the same thing. A key concept of income that is widely applied in economics is Haig-Simons income. Income is described as consumption plus net worth change.In the United States, income is defined by tax law as the sum of all wages, salaries, profits, interest payments, rent, and other forms of earnings received within a calendar year.
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Hideki just received his latest bank statement. To make sure it is correct, he
should:
A. call the bank to ask for help.
B. call his creditors to check accuracy of payments.
C. reconcile his statement with his own record.
D. withdraw funds to make sure his account is active.
Answers
Answer:
call the bank to ask for help
Which of the following statement on relative valuation is false? Select one: O A. EBITDA should be adjusted for extraordinary write-offs when using the EBITDA multiples valuation model. O B.To reflect differences in risk characteristics and growth opportunies, EBITDA multiples should be adjusted for differences in profit margins. O C. The critical assumption underlying the relative valuation approach is that the comparable assets are truely comparable to the investment be evaluated. O D. The P/E multiples does not make economic sense when EPS is negative O E. None of the above.
Answers
The false statement on relative valuation is: B. To reflect differences in risk characteristics and growth opportunities, EBITDA multiples should be adjusted for differences in profit margins.
Instead of adjusting for differences in profit margins, EBITDA multiples should be adjusted for differences in risk and growth characteristics directly, rather than through profit margins.
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pts Consider the Omicron variant of Covid. In terms of its economic effects on goods, some believe the fall in supply will exceed any fall in demand. If that belief is true, what would that mean for the prices of goods? The prices of goods would tend to decrease The prices of goods would tend to increase The prices of goods would tend to be unchanged The effect on prices would be unclear
Answers
The belief that the fall in supply exceeds the fall in demand due to the Omicron variant would tend to increase the prices of goods.
If the supply of goods decreases more than the decrease in demand, it creates a situation of scarcity in the market. When supply becomes limited, but demand remains relatively stable or decreases less significantly, prices tend to increase. This is because consumers are willing to pay higher prices to obtain the scarce goods. The higher prices act as a mechanism to ration the limited supply among the buyers. Therefore, if the belief holds true and the supply of goods is significantly impacted by the Omicron variant, it is likely that prices of goods would tend to increase as a result.
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What is the answer I chose the one I thought was the answer
Answers
Answer: I think that ones the answer too
Answer:
c is
Explanation:
In a small town in Kansas, the owner of the town's only gas station claims that he will sell the same quantity of gas no matter how high or low the price. If his assertion is correct, the demand curve for gas at his station must be _____, and the price elasticity is _____.
a. horizontal; infinite
b. vertical; infinite
c. horizontal; zero
d. vertical; zero
Answers
In a small town in Kansas, the owner of the town's only gas station claims that he will sell the same quantity of gas no matter how high or low the price. If his assertion is correct, the demand curve for gas at his station must be horizontal and the price elasticity is zero, hence the correct option is C.
A demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a specified period. The demand curve is downward sloping; that is, as the price of a good increases, the quantity demanded decreases.
Price elasticity of demand refers to the relationship between a change in the price of a good and the resulting change in demand. A good is considered elastic when demand for it varies in response to changes in its price. Inelasticity occurs when demand for a good or service is relatively unresponsive to changes in price.In a small town in Kansas, the owner of the town's only gas station claims that he will sell the same quantity of gas no matter how high or low the price. If his assertion is correct, the demand curve for gas at his station must be horizontal; and the price elasticity is zero. This is because the price of gas has no impact on the quantity of gas that is being sold, meaning the demand is not sensitive to the changes in price. A horizontal demand curve means that the quantity demanded of the good is the same at all prices, regardless of the price level.
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You are planning to buy a stock that has just paid a dividend (D0) of $2. In addition, you anticipate the following growth rates:
Year 1 = 121%
Year 2 = 60%
Year 3 = -13%
Year 4 = 0%
Year 5 = 18%
Years 6 through infinity = 5%
Assume a discount rate of 15%. Based on this, what is the value of the stock today? (Round all dividend and price calculations to the nearest cent).
Answers
The value of the stock today is $46.16.You are planning to buy a stock that has just paid a dividend (D0) of $2.
to calculate the value of the stock today, we need to use the dividend discount model, which is given as:
p0 = d1 / (1+r) + d2 / (1+r)² + ... + dn / (1+r)ⁿ + pn / (1+r)ⁿ
where p0 is the stock price today, d1 is the dividend in year 1, r is the discount rate, n is the number of years, and pn is the stock price in year n.
using the given information, we can calculate the dividends for each year as follows:
d0 = $2d1 = d0 x (1 + 121%) = $4.42
d2 = d1 x (1 + 60%) = $7.07d3 = d2 x (1 - 13%) = $6.14
d4 = d3 x (1 + 0%) = $6.14d5 = d4 x (1 + 18%) = $7.25
d6 = d5 x (1 + 5%) = $7.61d7 = d6 x (1 + 5%) = $7.99
d8 = d7 x (1 + 5%) = $8.39d9 = d8 x (1 + 5%) = $8.81
and so on...
to find the stock price today, we need to discount each dividend back to the present using the discount rate of 15%. we can use the formula above to calculate the present value of each dividend, and then add them up to get the total stock price.
p0 = $4.42 / (1+15%) + $7.07 / (1+15%)² + $6.14 / (1+15%)³ + $6.14 / (1+15%)⁴ + $7.25 / (1+15%)⁵ + $7.61 / (1+15%)⁶ + $7.99 / (1+15%)⁷ + $8.39 / (1+15%)⁸ + $8.81 / (1+15%)⁹ + ...
to save time, we can use a financial calculator or spreadsheet software to calculate the present value of each dividend. using a financial calculator, we get:
p0 = $46.16
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Sven immigrated to the United States at age 12 and obtained citizenship at age 18. He speaks with a thick accent . When he applied for a job as a bank clerk, someone else was selected because the other person was more accurate in counting money Has Sven been the subject of illegal discrimination ?
Answers
Answer:
Yes –Sven has been the subject of Discrimination The discrimination, however, was justified. but the discriminations isnt illegal
Explanation:
:) yw
On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000. This investment balance represents 25% of the equity of the Bravo-Zulu Company. During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what are the FY 2017 balances in Alpha Company's account balances for: a. Investment in Bravo-Zulu b. Investment Income
Answers
Answer:
a) $253,750
b) $6,250
Explanation:
Alpha company purchased shares in Bravo-Zulu company for $250,000
This represents 25% of the equity of Bravo-Zulu company.
In 2017, Bravo-Zulu Company Net Income = $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders.
The FY 2017 balances in Alpha Company's account balances are:
a) For investment in Bravo-Zulu
= $250,000 + net income - share in dividend.
= $250,000 + ($25,000 * 25%) - ($10,000 * 25%)
= $250,000 + $6,250 - $2,500
= $253,750
b) For investment income
= $25,000 * 25%
= $6,250
a common characteristic in oligopolistic markets is group of answer choices consideration of rivals' reactions. standardized products. high profits. unused capacity.
Answers
Oligopolistic markets are characterized by a few dominant firms that dominate the market.
These firms usually produce similar or identical products, creating a competitive atmosphere that can lead to a variety of strategies to maintain market share. One common characteristic of oligopolistic markets is the consideration of rivals' reactions.
This refers to the idea that each firm must consider the actions of their competitors when making decisions. In other words, they must anticipate how their rivals will respond to certain moves and adjust their strategies accordingly. This is because the actions of one firm can have a significant impact on the market and the profitability of other firms.
Another common characteristic of oligopolistic markets is that the products produced by the firms are often standardized. This means that they are essentially identical, with little variation between them. This can lead to intense competition as firms try to differentiate themselves from one another in order to gain an advantage.
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There are FIVE STEPS in the Consumer Decision Making Process that consumers typically go through when making a purchase/major purchase.
Please outline a purchase that you have made explaining each step in the Consumer Decision Making Process.
Answers
Purchase: Buying a new smartphone Need Recognition: I realized that my current smartphone was outdated and had limited features, which made me feel the need for a new and more advanced device.
The first step in the consumer decision-making process is recognizing the need or desire for a product or service. In this case, I recognized the need for a new smartphone because my current one no longer met my requirements and lacked certain features.
Information Search: I conducted research online, read product reviews, compared specifications, and sought recommendations from friends and online forums to gather information about different smartphone brands and models.
After recognizing the need, I engaged in an information search to gather relevant data about available smartphone options. This involved seeking information from various sources to compare features, performance, prices, and customer reviews to make an informed decision.
Evaluation of Alternatives: I compared multiple smartphone models based on their features, price, brand reputation, camera quality, battery life, and customer reviews. I narrowed down my options to a few brands that met my requirements.
In this step, I evaluated different alternatives based on specific criteria. I compared various smartphone models, considering factors such as brand reputation, features, performance, and user feedback. By narrowing down the options, I was able to focus on a few brands that seemed most suitable for my needs.
Purchase Decision: After careful evaluation, I chose a specific smartphone brand and model. I compared prices from different retailers, considered warranty and after-sales service, and made the decision to purchase the chosen smartphone.
Explanation: In this step, the consumer makes the final decision to purchase a specific product or service. Factors such as price, warranty, customer service, and availability play a role in the decision-making process. Ultimately, I made the decision to purchase a particular smartphone based on my research and evaluation.
Post-Purchase Evaluation: After buying the smartphone, I assessed its performance, usability, and whether it met my expectations. I also considered factors like battery life, user interface, and overall satisfaction with the purchase.
The last step involves evaluating the satisfaction and performance of the purchased product. I assessed whether the smartphone met my expectations, provided the desired features and functionality, and offered a satisfactory user experience. This step helps consumers gauge their satisfaction and influences future buying decisions.
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How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answers
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?
Answers
Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
For six months, Joel paid the minimum amount due on his credit card bill on time and didn't see his balance rise as a result. Then, he saw the amount owed suddenly jump. What is one possible reason this happened?
A. He was charged a minimum-payment penalty.
B. His interest rate increased.
C. He was charged an overdraft fee.
D. Late fees were added to his bill.
Answers
The sudden rise in the credit card bill of Joel would be due to the increase in rates of interest.
Option B is correct.
What is interest rate?
Interest rate is the percentage being charged on the total amount of borrowed funds being taken by the borrower.
Joel 's credit card bill seemingly risen which he wouldn't noticed in spite of being paid the amounts on time. This happens due to rise in rates of interest being levied on the total amount of credit card.
Therefore, the reason being mentioned in Option B is correct.
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Which of the following is not a differentiator of qualitative versus quantitative research? Defined versus ambiguous Flexible versus structured Description versus enumeration Subjective versus objective The quality of the data
Answers
The quality of the data is not a differentiator of qualitative versus quantitative research. Both types of research can produce high-quality data if proper methods are followed. The main differentiators of qualitative versus quantitative research include the level of definition and ambiguity in the research design, the degree of flexibility or structure in data collection and analysis, the use of descriptive versus enumerative data, and the subjective or objective nature of the data collected. While the quality of data is important in both types of research, it is not a defining factor in distinguishing between qualitative and quantitative research.
The quality of the data is not a differentiator of qualitative and quantitative research. Here option E is the correct answer.
Both types of research can produce high-quality data, and the quality of the data depends on the research methods, sampling techniques, data collection tools, and the rigor of data analysis employed in the research process.
Qualitative research is characterized by an exploratory approach that seeks to understand the meaning and context of human experiences, behaviors, and social phenomena. It typically involves collecting data through open-ended interviews, observations, and document analysis and employs methods such as thematic analysis, grounded theory, and discourse analysis to analyze the data.
Quantitative research, on the other hand, is characterized by a deductive approach that seeks to test hypotheses, quantify variables, and establish causal relationships between variables. It typically involves collecting data through standardized surveys, experiments, and statistical analyses and employs methods such as regression analysis, ANOVA, and factor analysis to analyze the data.
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Complete question:
Which of the following is not a differentiator of qualitative and quantitative research?
A - Defined versus ambiguous
B - Flexible versus structured
C - Description versus enumeration
D - Subjective versus objective
E - The quality of the data
which of the following is not included in the corrective action principle
Answers
The following is not included in the corrective action principle Covering a cut with a bandage and finger cot .
What is the Corrective action principle?
Each corrective action must be documented and have a written Corrective Action Plan. Each danger and each CCP have particular corrective measures. The strategy must outline immediate corrective measures. However, monitoring processes will have different time considerations. It is crucial to remember that if a deviation occurs, all food products created since the last monitoring observation or measurement must undergo a correction step. Therefore, processes for detaining suspected product as appropriate should be included in a corrective action plan's provisions.Corrective measures are essential for avoiding the sale of dangerous goods. Every departure from a Critical Limit requires the implementation of corrective measures. Correcting the deviation's root cause and making any necessary adjustments will stop it from happening again. These steps must be taken, they must be complete, and they must be documented.To know more about corrective action principle visit:
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