Maria plans to leave her estate to her brother, Juan. Juan has become Maria's
A. beneficiary
B. power of attorney
O C. executor
O D. conservator
Please help me
Answer: beneficiary
Explanation: because
3. Equipment delivered on 1 January 2010 is paid for R1 500 000 on 31 December 2011. This is longer than normal credit terms. The cost at which the equipment is initially recognised ounts to R1.500.000. True/False?
Answer:
true
Explanation:
The fact that the payment was made on 31 December 2011, which is more than a year after the delivery date of 1 January 2010, indicates that this is longer than normal credit terms. However, the cost at which the equipment is initially recognized is still R1.500.000, which is the initial value of the equipment and is not affected by the payment terms.
If inflation is anticipated to be 5 percent during the next year, while the nominal rate of interest for a risk-free one-year loan is 10 percent, then what should the real rate of interest for a one-year loan be?
Real interest rates on one-year loans would be 15% if inflation was expected to be 5% over the course of the following year and the nominal interest rate for a risk-free loan was 10%.
Meaning of nominal and real interest rates is?Real interest rates, on the other hand, are permitted to be negative. Real interest rates are negative when the nominal interest rate is rising faster than inflation.
Hence, how is the nominal interest rate calculated?To calculate the nominal interest rate, the real interest rate is multiplied by inflation forecasts. In contrast to effective interest rates, nominal interest rates are those that are listed in the loan contract without taking compounding into consideration.
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least five data analysis techniques that could be used for research and describe the application of each
Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. what is the hurdle rate? With Explanation
If Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. The hurdle rate is 9%.
How to find hurdle rate?First step is to find the investment turnover using this formula
Investment turnover=Sales/invested capital
Investment turnover = ($14,000 / $400,000) × 2
Investment turnover = 0.035 × 2
Investment turnover =0.07
Second step is to find the hurdle rate using this formula
Hurdle rate = ROI - Investment turnover
Hurdle rate = 0.16 - 0.07
Hurdle rate = 0.09× 100
Hurdle rate = 9%
Therefore the hurdle rate is 9%.
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Setting the sales price is easy: Enter cost information and desired profit data into one of the cost-volume-profit formulas, and the appropriate sales price can be computed mathematically. Do you agree with this line of reasoning?
No, setting the price of the product not only depend on this but also depend on the following things,
Market conditions,
Company strategy and
Overall industry demography.
Price:
Price refers the quantity of payment or compensation given by one party to another in return for goods or services.
Given,
Setting the sales price is easy:
By entering cost information and desired profit data into one of the cost-volume-profit formulas, and the appropriate sales price can be computed mathematically.
Here we need to find the reasoning for the given line.
Here they said that the price of the product is only depends on the cost volume-profit.
But this statement id not a correct one because the cost of the product will truly depends on the market conditions, company strategy, and overall industry democracy also.
Therefore, we should not agree the reasoning.
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furniture costing $56,100 is sold at its book value in 2021. acquisitions of furniture total $44,400 cash, on which no depreciation is necessary because it is acquired at year-end. complete the general ledger accounts to calculate cash received from the sale of furniture.
The question you have provided is missing information relating to Accumulated depreciation or book value of the furniture as well as profit or loss on sale of furniture.
However, important principles are explained below :
The Furniture Disposal T - Account is used to calculate the cash received from the sale of furniture.
The Format of the Account is as follows :
Debits :
Record the Costs of the Furniture Sold. In this cases Cost is $75,900
Record the Profit on Sale of Furniture (if there was profit). The information is incomplete in this case.
Credits :
Record the Accumulated Depreciation on the Furniture. This figure is missing.
Record the Loss on Sale of Furniture (if there was a loss). The information is incomplete in this case.
The Balancing figure would be the Cash Received on sale of Furniture and to be recorded here.
The Cash Received on Sale of Furniture is a Balancing figure of the Furniture Disposal T - Account.
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Domain and Range Digital Escape! puzzle 3
A function/graph/relation's domain and range are defined as follows:
Domain: a collection of input values.Range: a collection of output values.What are a function's domain and range?The domain of a function is the set that contains all of the function/relation's potential input values; hence, it is made up of x values.
The range of a function is the set that contains all of the function/relation's potential output values; hence, it is made up of y values.
Because the problem is incomplete, the notions of domain and range are given and then applied to derive the domain and range.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
Please define the terms
what step in the rational decision-making process involves assessing what worked and did not work about the process and solution
The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
What is rational decision-making process?Rational decision can be described as the opposite of intuitive decision making.
It can be described as the strict procedure utilizing objective knowledge and logic and this also involves identifying the problem to solve, it hence The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
In conclusion, Decision making serves as the process that involves consideration of choices through the identification of a decision.
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Answer:
the last step
Explanation:
10 POINTS HELP HELP HELP
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Yes, Sooraj is effective in his work as a salesman in selling pet accessories and food.
He has been given a target of selling 1200 units of food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers a 15% discount to his customers. There are many reasons to support the effectiveness of Sooraj as a salesman.
One of the primary reasons is that he has been able to achieve his monthly sales target by offering a maximum of 10% discount to his customers. This indicates that he is able to effectively communicate the value of the pet accessories and food to his customers, and is also able to offer a discount that is appealing to them.
Secondly, Sooraj is also effective because he is able to identify when he needs to offer a higher discount to meet his monthly sales target. By offering a 15% discount on the last two days of the month, he is able to entice more customers to purchase the pet accessories and food packets, thereby increasing his chances of meeting his sales target.
In conclusion, Sooraj is effective in his work as a salesman because he is able to achieve his monthly sales target by offering a discount that is appealing to his customers. Additionally, he is also able to identify when he needs to offer a higher discount to meet his monthly sales target.
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Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.
A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.
What is the advantage of free enterprises?The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.
A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.
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New Venture Management (1)
1. Explain the below the process of financial management.
*. Importance of Financial Statements - Preparation of historic Financial statements
*. Forecasts - Preparation of Forecasts
*. Budgets - Preparation of pro forma financial statement
*. Financial Ratios - Ongoing analysis of financial results
The process of financial management involves the preparation and analysis of historic financial statements, forecasts, budgets, and ongoing monitoring of financial ratios.
The process of financial management involves several key components that contribute to effective financial decision-making and the overall financial health of a business. Here is an explanation of each component:
Importance of Financial Statements - Preparation of Historic Financial Statements:
Financial statements, such as the income statement, balance sheet, and cash flow statement, provide a historical snapshot of a company's financial performance, position, and cash flows. These statements are crucial for assessing profitability, liquidity, solvency, and overall financial stability. By analyzing past financial statements, management can identify trends, evaluate the impact of previous decisions, and make informed decisions for the future.
Forecasts - Preparation of Forecasts:
Forecasts involve projecting future financial performance based on historical data, market trends, and other relevant factors. This process helps businesses anticipate potential opportunities, challenges, and financial needs. Forecasts typically include projected income statements, balance sheets, and cash flow statements, providing insights into expected revenue, expenses, assets, liabilities, and cash flows. It enables management to plan and allocate resources effectively, set financial goals, and make strategic decisions.
Budgets - Preparation of Pro Forma Financial Statements:
Budgets are financial plans that outline anticipated income, expenses, and cash flows for a specific period, typically on a monthly, quarterly, or annual basis. Pro forma financial statements, including pro forma income statements, balance sheets, and cash flow statements, are created as part of the budgeting process. Budgets help in setting targets, allocating resources, and monitoring performance against the planned financial objectives. They serve as a roadmap for financial management and aid in identifying areas that require adjustment or improvement.
Financial Ratios - Ongoing Analysis of Financial Results:
Financial ratios are quantitative indicators that provide insights into a company's financial performance, efficiency, and profitability. Ratios compare different financial figures from the financial statements to assess liquidity, profitability, solvency, efficiency, and other key aspects. By monitoring and analyzing financial ratios on an ongoing basis, management can identify trends, compare performance against industry benchmarks, and make informed decisions to optimize financial performance. These components contribute to understanding a company's financial position, making informed decisions, and driving sustainable growth and profitability.
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A banana costs $0.50 and a piece of candy costs $0.25 at the local cafeteria. You have $1.25 in your pocket and you value money. The money-equivalent value (payoff ) you get from eating your first banana is $1.20, and that of each additional banana is half the previous one (the second banana gives you a value of $0.60, the third $0.30, and so on). Similarly the payoff you get from eating your first piece of candy is $0.40, and that of each additional piece is half the previous one ($0.20, $0.10, and so on). Your value from eating bananas is not affected by how many pieces of candy you eat and vice versa.
Required:
a. What is the set of possible actions you can take given your budget of $1.25?
b. Draw the decision tree that is associated with this decision problem.
c. Should you spend all your money at the cafeteria? Justify your answer with a rational choice argument.
Answer:
a. What is the set of possible actions you can take given your budget of $1.25?
bananas candies total utils
0 5 $0.78
1 3 $1.90
2 1 $2.20
b. Draw the decision tree that is associated with this decision problem.
I attached a decision tree on PDF
c. Should you spend all your money at the cafeteria? Justify your answer with a rational choice argument.
Yes, since you can obtain more benefits from purchasing 2 bananas and 1 candy than the money that you have (total benefits $2.20 vs $1.25 in cash).
Explanation:
utility obtained from first banana $1.20, payoff per $ spent = 2.4
utility obtained from second banana $0.60, payoff per $ spent = 1.2
utility obtained from third banana $0.30, payoff per $ spent = 0.6
utility obtained from first candy $0.40, payoff per $ spent = 1.6
utility obtained from second banana $0.20, payoff per $ spent = 0.8
utility obtained from third banana $0.10, payoff per $ spent = 0.4
8. Why is language so critical in understanding international culture? How can this problem be dealt with effectively?
Answer:
By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture. You can learn customs and how people interact in a given society. Language helps preserve cultures, but it also allows us to learn about others and spread ideas quickly. Language Is Important To Business
Language Is Important To Culture And Society Language helps us express our feelings and thoughts — this is unique to our species because it is a way to express unique ideas and customs within different cultures and societies. By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture.
It is also an inseparable part of our culture. Why is language important to culture? While there is still some debate whether the particular language influences people’s thought process or it is indeed people’s culture that influences the language, there is no doubt that language and culture are closely connected.
Language changes often represent a culture’s changing values. Language and culture are inextricably related. And you can’t learn one without first knowing the other. Language is related to all features of human life in society. And comprehension of the surrounding culture is key to learning a language.
Explanation:
You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language. You can discover the traditions and social dynamics of a certain society. Language not only enables us to learn about others and share ideas swiftly, but it also aids in the preservation of civilizations. The importance of language in business
What is language?Language is a set of common spoken, manual (signed), or written symbols that people use to communicate as members of a social group and members of that group's culture. When people in a particular country or region talk or write, they use a particular set of sounds and written symbols, which together make up their language.
The Value of Language in Culture and Society Our ability to express ourselves through language is unique to our species because it allows us to communicate the distinctive concepts and practices that exist across various civilizations and societies. You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language.
Therefore, In addition to helping us share ideas and learn about others, language also
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The ____ major responsibility for keeping all dishes and utensils sanitary
The complete statement is "The food handler's major responsibility for keeping all dishes and utensils sanitary"
Who is a food handler?Generally, A person is considered to be a food handler if they directly touch food, whether it be packaged or unpackaged, as well as the apparatus and utensils used to make or serve food, and/or the surfaces where food is prepared or served.
In conclusion, The whole statement reads as follows: "The food handler has the primary responsibility for maintaining the cleanliness of all dishes and utensils."
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Which of the following words is easy to pronounce and remember?
1,Eudemos 2,Udemos 3,Defenshell 4,Defeme 5,guard-Juicy
6,Urban-Juicy 7,Speed-S 8,X-tend 9,J-self
Answer:
X-tend 9
Explanation:
Answer:
In my opinion I think
7, speed - s.
A borrower who wants to minimize interest should try to:
A. select a loan with a low simple interest rate.
B. select a credit card with a high compound interest rate.
C. select a loan with a low compound interest rate.
D. select a credit card with a high simple interest rate.
Answer:
A. select a loan with a low simple interest rate.
Explanation:
A borrower who wants to minimize interest should try to: Select a loan with a low simple interest rate. Because low simple rate provides the lowest rate as compared to other interest.
What is interest rate?Interest rate is the amount charge by the lender on the money which is taken by the borrower . Annual percentage rate is used to calculate the total amount.
In annual percentage rate add fees and discount points, on with the interest rate.
Thus, option A is correct.
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To help audiences understand large amounts of information, which visuals are the most suitable?
different between isoquant and isocost
If consumers start saving more rather than spending, what is most likely to happen? A Decrease in Savings, B Increase in the real interest rate, C Decrease in the Supply of loanable funds, D Decrease in the real interest rate
If the Federal Reserve institutes Contractionary Policy, which of the following is most likely to increase? A Interest rates ,B Gross Domestic Product ,C Government spending , D Tax rates
If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).
If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).
What happens If consumers start saving more rather than spendingThis happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.
What happens if Federal Reserve institutes Contractionary PolicyIf the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 $ 69,000 $ 4,000 2 $ 9,000 $ 8,000 3 $ 9,000 4 $ 10,000 5 $ 13,000 6 $ 11,000 7 $ 14,000 8 $ 12,000 9 $ 11,000 10 $ 11,000 Required: 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow in the last year were several times as large?
1. The payback period of Unter Corporation's investment occurs in Year 8.
2. The payback period would not be affected if the cash inflow in the last year were several times as large.
What is the payback period?The payback period is the year that investment costs equal cash inflows.
The payback period is a simple investment appraisal technique that does not factor in the time value of money.
The payback period concentrates on the length of time an investor achieves a break-even point.
Year Investment Cash Inflow Cumulative Inflow
1 $ 69,000 $ 4,000 $4,000
2 $ 9,000 $ 8,000 12,000
3 $ 9,000 21,000
4 $ 10,000 31,000
5 $ 13,000 44,000
6 $ 11,000 55,000
7 $ 14,000 69,000
8 $ 12,000 81,000
9 $ 11,000 92,000
10 $ 11,000 103,000
Total $78,000
Thus, in Year 8 (payback period), the investment cost of $78,000 will be fully recovered in cash inflows.
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Josh is a full-time college student who is not working or looking for a job. The Bureau of Labor Statistics counts Josh as a. employed. b. unemployed. c. not in the labor force. d. marginally attached worker .
Answer:
b. unemployed
why shall professional groups shall not be allowed to assign their own professional codes of conduct and police themselves from within
Professional groups should not be allowed to assign their own codes of professional conduct because the organizational ethics set a standard of job compliance.
What is the relevance of the professional code of ethics?These are the rules and policies created to direct the behavior of employees, generating compliance, positive practices at work and standardization of actions, creating a culture favorable to development, cooperation and motivation.
Therefore, individual ethics can be related to individual values and not correspond to organizational values, not guaranteeing the equity of employees.
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Case Study
Sovrano Café is considering a major expansion of its business. The details of
the proposed expansion project are summarized below:
- The company will have to purchase $950,000 equipment, that require
installation cost and transportation cost equal $100,000.
- The project has an economic life of 5 years.
- The cost can be depreciated using straight line method.
- At t = 0, the project requires that working capital will increase by $200,000
- The project’s salvage value at the end of 5 years is expected to be $60,000.
- The company forecasts that the project will generate $725,000 in sales the
first 2 years and $650,000 in sales during the last 3 years
- Each year the project’s operating cost excluding depreciation is expected to
be 50% of sales revenue.
- The company’s tax rate is 40%
- The company already pays marketing expenses equal 80,000.
- The project’s cost of capital is 10%
What do you recommend?
Based on the analysis of the cash flows, the expansion project seems feasible as it has a positive NPV of $142,919.49, and a profitability index of 1.15, indicating that the project will generate value for Sovrano Café and its shareholders.
To arrive at this conclusion, we first calculated the cash flows for the project, which included the initial investment, operating cash flows, salvage value, and tax savings from depreciation. We then discounted these cash flows using the project's cost of capital to calculate the net present value (NPV) and profitability index (PI).
The NPV of $142,919.49 suggests that the project's expected cash inflows exceed its expected cash outflows, taking into account the time value of money. The PI of 1.15 further supports the conclusion that the project will generate value for the company, as a PI greater than 1 indicates that the present value of the project's expected cash inflows exceeds the present value of its expected cash outflows.
Therefore, based on the financial analysis, it is recommended that Sovrano Café move forward with the proposed expansion project.
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Is the concentration ratio an accurate measure of the extent of competition?
The four-firm concentration ratio
A.
is flawed in that it .
B.
is accurate because it is based on estimates from the U.S. Census Bureau.
C.
is flawed in that it .
D.
is accurate because it is based on national and global competition.
E.
is flawed in that it .
Answer:
Find the difference of 67.2 and 23.9.
Explanation:
Please solve this GDP question
Answer:
about 1,822.41 today
Explanation:
an increase of 862.41 over 28 years
Money made from the sale of a good or service is called
Loss
Expenses
Revenue
Salary
Life insurance immediately creates an estate upon the death of an insured. Which of the following
policies is characterized by a guaranteed minimum death benefit?
The type of policy that is characterized by a guaranteed minimum death benefit is known as a whole life insurance policy.
A whole life insurance policy is a permanent life insurance policy that offers lifelong protection to the insured and pays out a death benefit to the beneficiaries upon the death of the insured.
One of the key features of a whole life insurance policy is the guaranteed minimum death benefit, which means that the death benefit will never be less than a certain amount, regardless of how the policy performs. This provides a sense of security to the insured and their beneficiaries, knowing that there will always be a minimum amount of money that will be paid out.
In addition to the guaranteed minimum death benefit, whole life insurance policies also offer a cash value component. As premiums are paid, a portion of the premium is set aside in a cash value account that grows tax-deferred over time. This cash value can be accessed by the policyholder during their lifetime through policy loans or withdrawals.
Overall, a whole life insurance policy is a great option for those who are looking for lifelong protection and a guaranteed minimum death benefit. It offers peace of mind to the insured and their beneficiaries, knowing that there will always be a minimum amount of money paid out upon the death of the insured.
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Answer: variable life
Explanation: the variable nature a variable whole life insurance is its death benefit. however, if investment performance is poor, the death benefit will not go lower than the policy's guaranteed minimum.
In a binomial distribution, n = 4 and π=0.27 . Find the probabilities of the following events. (Round your answers to 4 decimal places.)
a. x = 2.
b. x ≤ 2.
c. x ≥ 3.
Answer:
Explanation:
a. Using the formula for the probability mass function of a binomial distribution:
P(x=2) = (4 choose 2) * (0.27)^2 * (0.73)^2 = 0.3185
b. Using the cumulative distribution function:
P(x ≤ 2) = P(x=0) + P(x=1) + P(x=2) = (4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2 ≈ 0.7575
c. Using the complementary probability:
P(x ≥ 3) = 1 - P(x ≤ 2) = 1 - [(4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2] ≈ 0.2425
A had a capital of ₹ 125,000 on 1st April, 2018. He had also goods amounting to ₹ 45,000
which he had purchased on credit and the payment had not been made. Find out the value of
the total assets of the business.
(b) After a period of one month, he came to know that he had suffered a loss of ₹ 3,700. He
withdrew ₹ 1800 for his personal use. Find out his capital and assets of the business.
Answer and Explanation:
The computation is shown below:
a. Total assets is
= Capital + creditors
= 125,000 + 45,000
= 170,000
b. The ending capital is
= Capital - loss - drawings
= 170,000 - 3,700 - 1,800
= 164,500
The assets is
= Ending capital + creditors
= 164,500 + 45,000
= 209,500
The same should be considered