Marks Inc. is considering switching from a cash only policy to a net 30 credit policy. The price per unit is $400 and the variable cost per unit is $250. The company currently sells 1,400 units per month. Under the proposed policy the company expects to sell 1,600 units per month. The monthly compounded APR is 24%. Calculate the NPV of this switch (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50) .

B. Previous balance+ new charges- principal paid- is the formula for calculating the new balance  on the credit card.

Hence, option b. is the right choice.

A credit card is a payment card given to users (cardholders) to allow them to pay a merchant for products and services based on their accumulated debt.

The Credit Limit, also known as the Credit Card Limit, is the maximum sum that a person may charge on their Credit Card. The issuing firm sets this restriction.

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The reason why we come up with budgets is to B. Make sure expenses are below income.

Budgets are beneficial because they help us spend our income in such a way that we still have savings and can take care of all our expenses.

This means that budgets help us to spend less expenses than income so that we can have savings.

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According to the given data, the final discount date is June 24 and the net payment date is July 4.

Discount date is the date that comes ten (10) days after the bill's due date, unless another date is specified in the contract. The discount date is the final day that net rates can be applied to water and/or sewer charges.

The time frame during which an invoice must be fully paid in order to receive a reduction in the amount owed is known as the discount period.

Here,

Calculation of the final discount date:

Final discount date = June 14 + 10 days

Final discount date = June 24

Calculation of Net payment date:

Net payment date = June 14 + 20 days

Net Payment date = July 4

Therefore, through the data,  the final discount date is June 24 and the net payment date is July 4.

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The product, a lighted compact mirror, that can be obtained by mailing in $3.95 and two proofs of purchase from Star Cosmetics is most likely an example of a premium.

A premium is a promotional item that is offered as an incentive to purchase a product or service. It is usually provided for free or at a reduced price in exchange for a purchase or proof of purchase. In this case, the lighted compact mirror is being offered as a premium for customers who purchase Star Cosmetics products and submit two proofs of purchase along with the required fee.

Since the cost of producing the lighted compact mirror ($3.75) is less than the fee charged ($3.95), the company is likely using the premium as a marketing tool to encourage customers to make more purchases and to create a positive brand image.

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Answer:

In the exponential function f(x) = P(1 + )nt :

P = principal value

r = the annual interest rate

n = number of compounding periods in a year

t = time in years

For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.

Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.

Explanation:

Explanation from PLATO

Answer:

formula

create from selection

top row

Explanation:

just took the question on edge

The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.

Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.

Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.

Therefore, the correct path for using the Create from Selection command is first to click on  Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name  wish to use. Select Create from Selection. Select Top row and click OK.

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The selection of an accounting method is crucial due to its potential impacts on financial analysis and reporting. It can complicate comparisons, reduce comparability, and influence financial ratios. Moreover, once chosen, the accounting method is typically not changed.

The choice of an accounting method holds significance because it can complicate comparisons between different companies or periods. If companies adopt different accounting methods for similar transactions, it becomes challenging to evaluate their financial performance accurately. Inconsistencies in accounting methods may lead to distorted financial statements, making it difficult for stakeholders to compare and analyze the financial data effectively.

Furthermore, the selection of an accounting method can reduce comparability across organizations. When different companies within the same industry employ diverse accounting methods, it becomes problematic to assess their financial results and make meaningful comparisons. Consistency in accounting methods facilitates better understanding and comparison of financial information, promoting transparency and informed decision-making.

In addition, the chosen accounting method can influence financial ratios, which are crucial indicators of a company's financial health and performance. Different accounting methods can yield varying results for key financial ratios, such as profitability, liquidity, and leverage. This can create challenges when comparing a company's performance against industry benchmarks or analyzing trends over time. It underscores the importance of selecting appropriate accounting methods that align with industry standards and provide reliable and consistent financial ratios for accurate analysis.

Lastly, it's worth noting that once an accounting method is selected, it is generally not changed frequently. Consistency and stability in accounting practices are essential for maintaining the integrity and reliability of financial reporting. Frequent changes in accounting methods can lead to confusion, loss of historical comparability, and even raise concerns about the credibility of financial statements. Therefore, careful consideration and evaluation of accounting methods are vital as they have long-term implications for financial reporting and analysis.

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Answer:

Explanation:

This organism may be identified by its color, the spines on its back, the antennae, and therefore the long, thin body. There are many other characteristics that might even be wont to identify this organism.

It is true that Content marketing  aims to attract potential buyers through building of strong brand reputation through online content.

Content marketing refers to a marketing strategy which aims to attract and engage the audience (prospective buyers) through creation of relevant articles, videos, media etc.

Hence, it is true that Content marketing  aims to attract potential buyers through building of strong brand reputation through online content.

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In return for a share, a venture capitalist (VC) is a private equity investor who provides capital to businesses with significant growth potential. This might entail funding new projects or assisting small business that want to grow and yet due to lack of access to asset prices.

What do you call someone who invests capital in some kind of a business?

An investor is someone who invests money in the hope of making a profit or gaining an advantage down the road (interest).

Who are the three varieties of capital referred to as?

Businesses of various sizes generally prioritize three types of funding when creating a budget: working capital, capital ratio, and bank loans. Trading investment is identified as a determined by the frequency by a financial company.

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Then the foreign investment will increase significantly. The term "foreign investment" describes investments made by foreigners in the domestic businesses and assets of other nations. Large multinational firms will build new branches and increase their investments in other nations in an effort to find new prospects for economic growth.

Foreign funds may be used for investment in stocks, real estate, ownership/management, or joint ventures. This is how foreign investments are categorized. Foreign Institutional Investment, Foreign Portfolio Investment, and Foreign Direct Investment (FII). Foreign direct investments (FDIs) are long-term purchases of physical assets like factories, toll highways, and bridges in other nations.

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Given the information provided above, including the monthly rent and security deposit, Kim-Su is needed to pay the first month's rent, the last month's rent, and the security deposit.

Option c is the amount required money to move for Kim-Su.

Rent per Month = $715

Security Deposit = $465

\(715 + 715 + $465 = $1,895.\)

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Answer:

C

Explanation:

Nike matches employee donations and offers volunteer pay, which means Nike offers the worker $10 in step with an hour for hours volunteered that they can donate to the corporation they choose. And it offers retail store personnel time on the clock to serve as weekly volunteer coaches of their groups.

We see a world wherein each person is an athlete — united in the joy of motion. Pushed with the aid of our passion for recreation and our intuition for innovation, we intend to convey thought to each athlete in the international and to make sport an everyday addiction.

To do the whole lot feasible to increase human capacity. We try this through developing groundbreaking game innovations, via making our merchandise more sustainably, with the aid of constructing an innovative and various worldwide team, and through making a fine effect in communities where we stay and work.

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Answer:

1.Financial transaction

2.Financial transaction

3.non-financial transaction

4.non-financial transaction

5.Financial transaction

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Answer and Explanation:

The computation is shown below:

Current residual Income is

= current investment base × (Current ROI - Target ROI)

= $9,300,000 × (13% - 9%)

= $9,300,000 × 4%

= $372,000

Now

New residual income is

= (New investment base) × (New ROI - target ROI)

= ($9,300,000 + $5,700,000) × (12.24% - 9%)

= $15,000,000 × 3.24%

= $486,000

Yes, Monarch division should make the investment because the new residual income is more than the present residual income

Answer:

write a check, use an ATM, fill out a withdrawal slip and take it into the bank

When they opened their own car wash, equilibrium price decreased and the equilibrium quantity increased.

This is because when the other kids in the neighbourhood opened their own car wash, they increased the supply of car washing services in the market.

With more suppliers offering car washing services, the price of car washing will decrease as suppliers compete with each other to attract customers. At the same time, the quantity of car washing services will increase as more suppliers enter the market and more customers take advantage of the lower prices.

In summary, when the other kids in the neighbourhood opened their own car wash, the equilibrium price decreased and the equilibrium quantity increased.

Equilibrium price: The price at which the quantity demanded of a good or service is equal to the quantity supplied.

Equilibrium quantity: The quantity of a good or service that is supplied and demanded at the equilibrium price.

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A certificate of deposit (CD) does not represent a type of credit.

A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.

Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.

CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.

In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.

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Answer:

he should lease

Explanation:

If he were to but a new car it would most likely be more expensive than if he were to lease.

In the conditions as given above, it would be ideally, advisable and financially wise for Jackson to lease a new car as a testament of his success.

A lease is a mixture of rent and purchase, where a person opts for a product or a service upon payment of the same as per the conditions and terms of the lease agreement.

Leasing is a financially-viable decision, as purchase requires either a payment in lump sum, or a loan where interest is to be paid over the amount of purchase. Thus, Jackson must opt for a lease.

Hence, the significance of a lease is aforementioned.

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False, The three main decisions that must be addressed by an economic system are what to produce, how to produce, and for whom to produce.

These decisions form the foundation of an economic system and guide the allocation of resources and distribution of goods and services within a society.

What to produce: This decision involves determining the types of goods and services that will be produced based on consumer demand and resource availability. It involves assessing the needs and wants of the population and deciding which goods and services will be most valuable and beneficial to produce.

How to produce: This decision focuses on the methods and techniques used in the production process.

It involves choosing the most efficient and cost-effective ways to transform inputs (such as labor, capital, and technology) into outputs (goods and services). This decision encompasses considerations such as technology, production processes, resource allocation, and efficiency.

For whom to produce: This decision concerns the distribution of goods and services among different individuals and groups in society.

It involves determining how the produced goods and services will be allocated and who will have access to them. This decision considers factors such as income distribution, social welfare, equity, and the needs of different segments of the population.

Therefore, the statement in the question is incorrect. The main decisions that must be addressed by an economic system are what to produce, how to produce, and for whom to produce, rather than the specific aspects mentioned in the statement.

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In order to influence employee behavior, it is crucial to managing employees as individuals who have different personalities and circumstances.

An organization has multiple character types of employees such as target achievers, the know-it type, and silent ones. Managing such large diversities of employees under one roof for achieving one single goal-oriented target, isn't easy. Therefore, in order to make a successful team, a supervisor should be aware of the weaknesses and strengths of each employee and encourage everyone to work together.

Managers need to train employees on how to strengthen skills that don't come naturally as they hold some capabilities which can be proved as a boon for the company. Therefore, it is important to understand individual characteristics that matter for employee behaviors at work.

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A. Currency: Currency is included in the monetary aggregates M1 and M2.

b. Money market mutual funds (non-institutional): Money market mutual funds (non-institutional) are included in the monetary aggregate M2.

C. US Treasury Bills (with a maturity of less than 90 days): US Treasury Bills (with a maturity of less than 90 days) are included in both M1 and M2 monetary aggregates.

d. Time deposits in small nominal value: Time deposits in small nominal value are included in the monetary aggregate M2.

E. Large-cap mutual funds: Large-cap mutual funds are not included in the monetary aggregates M1 or M2.

F. Checkable deposits: Checkable deposits are included in the monetary aggregate M1.

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Consumers play a key role in marketing. They are the ones who decide to buy products and services. Without consumer demand, businesses would not be able to sell.

Consumers influence marketing by providing feedback on products and services and by providing data about their purchasing habits. This information helps businesses understand consumer needs and preferences, enabling them to design and sell products that better meet the needs of their target audience. In addition, consumer demand can have an impact on prices, as businesses must adjust prices to match consumers' willingness to pay. After all, consumer demand is the driving force behind business success.

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The statement is true ,Accounting data should paint a picture of the results of implementing a particular business strategy by a company is generally true. Accounting data is an essential tool for companies to measure their financial performance and assess the success or failure of their strategies.

When a company implements a particular business strategy, it expects to achieve certain goals and objectives. Accounting data is used to track the progress towards these goals and determine whether the strategy is effective or not. For example, if a company aims to increase its market share, it will monitor its sales revenue and market share data to see if it is achieving this goal. If the company is not achieving its targets, it may need to reassess its strategy and make necessary adjustments.
Moreover, accounting data is also used to make informed business decisions. It helps managers identify areas of strengths and weaknesses, and determine where to allocate resources. For instance, if a company's accounting data shows that its profits are declining, it may need to cut costs or explore new revenue streams to maintain profitability.
However, it is important to note that accounting data alone may not always provide a complete picture of the results of implementing a particular business strategy. Other factors such as market trends, customer preferences, and external economic conditions may also influence a company's financial performance.

In summary, accounting data is a crucial tool for companies to assess the effectiveness of their business strategies. It helps companies track their financial performance, make informed decisions, and adjust their strategies as necessary to achieve their goals.

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The liquidity ratios are 4.46 times for the current ratio and 4.25 times for the quick ratio. The coverage ratios are 44.47 times for the times interest earned ratio and 51.69 times for the cash coverage ratio.

Current Ratio = Current Assets / Current Liabilities

Current Assets = Net Sales

Current Liabilities = Selling, general and administrative expenses + Current portion of long-term debt + Income taxes payable

Current Liabilities = $983,558,423 + $0 + $473,184,956

Current Ratio = $6,492,712,000 / $1,456,743,379

Current Ratio = 4.46 times

Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Inventory = Cost of goods sold - Gross profit

Inventory = $3,390,963,940 - $3,101,748,060

Inventory = $289,215,880

Quick Ratio = ($6,492,712,000 - $289,215,880) / $1,456,743,379

Quick Ratio = 4.25 times

Times Interest Earned = Earnings Before Taxes / Interest Expense

Times Interest Earned = $1,785,419,021 / $40,099,500

Times Interest Earned = 44.47 times

Cash Coverage = (Earnings Before Taxes + Depreciation) / Interest Expense

Cash Coverage = ($1,785,419,021 + $292,671,116) / $40,099,500

Cash Coverage = 51.69 times.

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Answer:

Installing equipment, designing systems, gathering information

The tasks that are commonly done by employees in the energy cluster include installing equipment, designing system, and gathering information.

Energy cluster simply means civil law agreements between the entities which is aimed at bringing efficiency with regards to energy usage.

It should be noted that the tasks that are commonly done by employees in the energy cluster include installing equipment, designing system, and gathering information.

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Answer:

Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.

Explanation:

The correct option is A, McDonaldization refers to the process by which the principles of McDonald's are being applied to more sectors of society.

Society refers to a group of people who share a common culture, values, and social institutions. It is a complex web of relationships and interactions between individuals, groups, and institutions that shapes how people live, work, and interact with one another. Societies can vary widely in their organization, from small, traditional communities to large, modern cities.

At its core, society provides a framework for individuals to interact and cooperate with one another, enabling them to achieve common goals and build a shared sense of identity. It also establishes norms and rules that guide behavior and help maintain order and stability. However, societies are not static and can change over time, as new technologies, ideas, and social movements emerge.

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The effective after-tax cost of debt for Laurel, Inc. is approximately 0.0446, or 4.46%.

To calculate the effective after-tax cost of debt for Laurel, Inc., we need to take into account the tax shield provided by the interest expense.

The formula to calculate the effective after-tax cost of debt is:

Effective After-Tax Cost of Debt = Yield to Maturity × (1 - Tax Rate)

In this case, the yield to maturity is 7.2% and the tax rate is 38%. Let's plug in these values:

Effective After-Tax Cost of Debt = 0.072 × (1 - 0.38) = 0.072 × 0.62 = 0.04464

Rounding to four decimal places, the effective after-tax cost of debt for Laurel, Inc. is approximately 0.0446, or 4.46%.

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