Making decisions about credit, including how much to get and from which sources, is a part of managing your money - False
What Is Personal Finance?
The phrase "personal finance" refers to managing your finances as well as saving and investing. It includes financial planning for retirement, taxes, and estates, as well as banking, insurance, mortgages, and investments. The phrase is frequently used to describe the entire sector that offers financial services to people and households and provides them with financial and investment advice. How you approach the aforementioned matters is also influenced by your individual goals and wants, as well as a plan to meet those needs within your means. Being financially smart is crucial if you want to maximize your earnings and savings since it will enable you to distinguish between good and bad advise and make wise financial choices.
What aspect of personal finance is most crucial?
Cash flow management is one of the most crucial (and obvious) facets of personal finance. It all comes down to how much money is being invested and where it is being spent. Before you can accomplish anything else with your money, it's imperative to have your cash flow under control.
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Complete the following sentence. Remember to spell correctly.
When supply exceeds demand, a market
occurs
Answer:
bear
Explanation:
Answer:
bear
Explanation:
hope this helps ;)
50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest
Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.
Countries I chose:
Japan
United States
Great Britain (UK)
Answer:
Japan 183-192billon dollars per year
USA 18.4 billion dollars
UK 5.05billion dollars
All ATA a 6100 P RO Intro A stock has a price of $48 and just paid an annual dividend of $1.2. The dividend is expected to grow by 5% per year. Part 1 Attempt 1/10 for 1 pts. What is the expected dividend yield? 3+ decimals Submit Part 2 B Attempt 1/5 for 10 pts. What is the expected capital gains yield? 4+ decimals Submit
To calculate the expected dividend yield, you divide the annual dividend by the stock price:
Dividend Yield = Annual Dividend / Stock Price
Given that the annual dividend is $1.2 and the stock price is $48, we can calculate the dividend yield:
Dividend Yield = $1.2 / $48 = 0.025
The expected dividend yield is 0.025, or 2.5% (rounded to 3 decimals).
To calculate the expected capital gains yield, you need to consider the growth rate of the dividend. The capital gains yield is the percentage increase in the stock price resulting from the dividend growth.
The dividend is expected to grow by 5% per year, so the capital gains yield can be calculated as:
Capital Gains Yield = Dividend Growth Rate
In this case, the capital gains yield is 5% (rounded to 4 decimals).
Please note that in some cases, the capital gains yield may be calculated differently, taking into account other factors such as changes in the stock price over time. However, based on the information provided, the capital gains yield is simply the same as the dividend growth rate.
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A new business is likely to need what bank service(s)? *
Answer:
Checking Account tell me if i'm wrong
Explanation:
Econ Chapter 10 assessment pls help!!
A loan is to be paid off in 60 days instead of 3 years .This scenario is less risky for the bank since the loan will be repaid quickly, so the bank may be willing to offer a lower interest rate.
What is Interst ?b. A loan is used to purchase an automobile instead of a house.
A loan for an automobile is generally smaller and less risky for the bank than a loan for a house, so the interest rate may be lower.
c. A loan is made to a person who just changed jobs rather than a person who has been employed at the same job for 10 years.
A person who has been employed at the same job for 10 years is generally considered more stable and less risky for the bank, so they may receive a lower interest rate.
Therefore, the correct answer is option a: A loan is to be paid off in 60 days instead of 3 years.
True or False: A firm's profits have little to do with that firm's ability to grow.
False. A firm's profits are a critical determinant of its ability to grow. Profits are needed to reinvest in the business, pay for research and development, and expand into new markets or products. A firm with low profits may struggle to invest in growth opportunities.
A corporation that operates globally is called a multinational corporation (MNC).
Which of the following statements about multinational corporations (MNCs) is not true?
a. MNCs usually develop new products in their native countries.
b. MNCs usually manufacture products in their native countries because costs usually are lower there.
c. MNCs introduce new technologies to less-developed countries.
d. MNCs usually benefit consumers and workers around the world by supplying products and creating jobs.
The statement that is not true is a. MNCs usually develop new products in their native countries. MNCs may develop new products in any of their global locations, depending on where the necessary resources, expertise, and market demand are located.
Which is not a form of merger used by U.S. firms in the past?
a. vertical mergers. This is not correct. Vertical mergers are a type of merger that has been used by U.S. firms in the past. The other types of mergers include horizontal mergers, conglomerate mergers, and market extension mergers.
Therefore, the correct answer is option d: none of the above (all types of mergers have been used by U.S. firms in the past).
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kfc india created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of _________ when designing your social media programs.
KFC India created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of syntax and morphology when designing your social media programs.
It's miles determined that morphology and syntax play great roles in studying comprehension, formation of English words, language gaining knowledge of, formation of phrases, clauses andsentences; clear and affective verbal exchange and Literature-in English.
Syntax is the look at of sentence structure, its relationship to which means, and theoretical models that account for the capability of audio system to generate an endless range of novel utterances.
Morphology is the take a look at of word shape and its dating both to condemn shape and to that means.
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hey hows everyone i need help with this
Answer:
thank you for the points..have a good day
how can you say that office is an information centre?
Answer:
hope this helps
Explanation:
An office is an information center which provides information relating to business transactions. Such information is very useful. It is used by management for the purpose of planning, organizing, staffing, directing and controlling.Information Center: The office serves as an information centre. It collects information from sources like invoices, letters, memos, agreements, vouchers etc., and protects them in safe mode on the basis of their importance for future reference.It is used by management for the purpose of planning, organizing, staffing, directing and controlling. Office not only keeps record of information but also plays the role of reliable channel of communicating the information. It is required for smooth functioning of the organization.
Answer:
Explanation:
I think information centre is designed specifically for storing, processing, and retrieving information for dissemination at regular intervals. if the office is doing so then you can say that it is information centre.
Under the current U.S corporate tax code, which of the following statements is correct? Multiple Choice A corporation's marginal tax rate is equal to its average tax rate. The tax for a company is computed by multiplying the marginal tax rate times the taxable income Additional income is taxed at a firm's average tax rate. The marginal tax rate will always exceed a company's average tax rate. The marginal tax rate for a company can be either higher than or equal to the average tax rate.
The correct statement is: The marginal tax rate for a company can be either higher than or equal to the average tax rate.
Under the current U.S corporate tax code, the tax system is progressive, meaning that the tax rates increase as taxable income increases. However, the tax calculation is based on marginal rates, which are applied to different portions of a company's taxable income.
The marginal tax rate refers to the tax rate applied to the last dollar of taxable income. On the other hand, the average tax rate is calculated by dividing the total tax paid by the company's taxable income.
Given this information, we can analyze the options provided:
A) A corporation's marginal tax rate is equal to its average tax rate: This statement is incorrect. The marginal tax rate and average tax rate are different concepts, and they are not equal to each other. The marginal tax rate is specific to each additional dollar of taxable income, while the average tax rate considers the overall tax paid in relation to total taxable income.
B) The tax for a company is computed by multiplying the marginal tax rate times the taxable income: This statement is partially correct. The tax calculation involves applying different marginal tax rates to different portions of a company's taxable income. However, it does not necessarily involve multiplying the marginal tax rate by the entire taxable income. The tax is determined using a progressive tax rate schedule.
C) Additional income is taxed at a firm's average tax rate: This statement is incorrect. Additional income is taxed at the marginal tax rate, not the average tax rate. The average tax rate represents the overall tax burden on the company's taxable income, whereas the marginal tax rate applies to incremental income.
D) The marginal tax rate will always exceed a company's average tax rate: This statement is incorrect. The marginal tax rate may or may not exceed a company's average tax rate. It depends on the specific tax rate schedule and the distribution of taxable income.
E) The marginal tax rate for a company can be either higher than or equal to the average tax rate: This statement is correct. The marginal tax rate can be higher than or equal to the average tax rate, depending on the tax rate schedule and the company's taxable income distribution.
In conclusion, the correct statement is that the marginal tax rate for a company can be either higher than or equal to the average tax rate.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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When a profit-maximizing firm in a price-taker industry is in long-run equilibrium, the market price equals: a. marginal revenue but may be greater or less than both average total cost and marginal cost. b. marginal cost but may be greater or less than average total cost. c. both average total cost and marginal cost. d. average total cost but may be greater or less than marginal cost.
When a profit-maximizing firm in a price-taker industry is in long-run equilibrium, the market price equals the minimum of the average total cost but may be greater or less than marginal cost. The correct answer is option (D)
Average total cost but may be greater or less than marginal cost.Long-run equilibrium in perfect competition means that there are no more economic profits to be made by entering or leaving the industry. It occurs where the firm's minimum average total cost curve crosses the market demand curve at the point of the tangency. In perfect competition, where all firms are price-takers, each firm's long-run equilibrium price is determined by the intersection of its marginal cost and its average total cost curve.
Marginal cost is the slope of the total cost curve and reflects the change in total cost resulting from a one-unit change in output. Marginal cost is the cost that the company would pay for the last unit of production.Average total cost (ATC) is the total cost per unit of output, so it represents the typical or average cost per unit of production. Hence, option (d) is the correct answer.
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The treasurer for the Macon Blue Sox baseball team is seeking a $20,100 loan for one year from the 4th National Bank of Macon. The stated interest rate is 19 percent, and there is a 23 percent compensating balance requirement. The treasurer always keeps a minimum of $1,670 in the baseball team’s checking accounts. These funds count toward meeting any compensating balance requirements.
The effective interest rate based on a compensating balance requirement of 23% for Macon Blue Sox is 24.675%.
What is the compensating balance requirement?The compensating balance requirement is the minimum amount of cash that a borrower cannot withdraw from a loan account.
The compensating balance requirement is a standard requirement of some lending institutions to reduce default risks.
Data and Calculations:Loan = $20,100
Stated interest rate = 19%
Interest expense = $3,819
Compensating balance requirement = 23%
= $4,623 ($20,100 x 23%)
Amount received as Cash = $15,477 ($20,100 - $4,623)
Effective interest rate = 24.675% ($3,819/$15,477 x 100)
Question Completion:What will be the effective rate of interest on this loan?
Thus, the effective interest rate based on a compensating balance requirement of 23% for Macon Blue Sox is 24.675%.
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what is stakeholders
Answer:
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.
Hope this helped you!
Explanation:
Organizational success relies considerably on effective purchasing and
A) supply management
B) employee benefits
C) geographical location of suppliers
D) the size of the organization
Organizational success relies considerably on effective purchasing and Supply management option (a)
Supply chain management (SCM) is a system in commerce that deals with procurement (purchasing raw materials/components), operations management (ensuring the production of high-quality products at high speed with good flexibility and low production cost), logistics, and marketing channels so that raw materials can be converted into a finished product and delivered to the end customer).
This can include raw material movement and storage, work-in-process inventory, finished goods, and end-to-end order fulfilment from point of origin to point of consumption. In a supply chain, interconnected, interrelated, or interlinked networks, channels, and node businesses collaborate to provide the products and services required by end customers.
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Which of the following is essential for a firm to gain a sustained competitive advantage over its competitors?
Answer:
Down Below
Explanation:
The resources must be valuable, rare, imperfectly imitable, and non-substitutable.
What are the key characteristics of a well-designed performance appraisal?
Select all that apply.
Focus on job-related tasks
Conducted by a trained manager
Based on company policy
Opportunities for employee feedback
Clear management feedback
The key characteristics of a well-designed performance appraisal include a focus on job-related tasks, being conducted by a trained manager, based on company policy, providing opportunities for employee feedback, and clear management feedback.
How can you describe the well-designed performance ?Firstly, the performance appraisal should focus on job-related tasks to ensure that the evaluation is objective and fair. This means that the appraisal should measure employee performance against job-related criteria, such as job responsibilities, goals, and objectives.
Secondly, a well-designed performance appraisal should be conducted by a trained manager who has experience in conducting appraisals and who understands the company's policies and procedures for conducting them.
Thirdly, the appraisal should be based on company policy, ensuring that all employees are evaluated in a consistent and fair manner.
Fourthly, there should be opportunities for employee feedback, allowing employees to provide their input on their own performance and the appraisal process.
Finally, the appraisal should provide clear management feedback, including specific examples of areas where the employee has excelled, as well as areas where improvement is needed. This feedback should be constructive and provide guidance for the employee on how to improve their performance.
Overall, a well-designed performance appraisal should be fair, consistent, and provide valuable feedback to both the employee and the manager.
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Which of the following is the first step in the five-step chain reaction, as articulated by Deming, with regard to the philosophy underlying TQM?
a. Improvement in productivity
b. Increase in a company's profitability
c. Higher market share due to superior quality of products
d. Reduction of costs due to improved quality
e. Creation of more jobs
The first step in the five-step chain reaction, as articulated by Deming, with regard to the philosophy underlying Total Quality Management (TQM), then, the correct option is c. Higher market share due to superior quality of products.
Deming's five-step chain reaction emphasizes the importance of focusing on improving quality to achieve long-term success and growth for a company. According to Deming, by consistently providing superior quality products and services, a company can increase its market share.
This increased market share then leads to a variety of positive outcomes, including higher sales, increased profitability, improved productivity, cost reduction, and the creation of more jobs.
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Opportunity, profit, independence, and challenge are some reasons people are willing to take the risks of being a(n)
Answer: entrepreneur
Explanation:
Consumer education increases the likelihood of a product purchase true or false
what is the best free editing app for gamers?
Raheem is currently working as a financial analyst earning $75,000 a year and is considering quitting his current job to start an art gallery. The estimated annual revenue from the art gallery is $175,000. The annual cost of labor, advertising, and acquiring the art inventory is $125,000. What are raheem’s accounting and economic profits if he opens the art gallery?.
Raheem's accounting profit is $50,000 and his economic profit is $-25,000.
What is the accounting and economic profit?
Accounting profit is the difference between the revenue earned from a business and the explicit cost incurred in running the business. Explicit cost includes the amount expended in running the business.
Accounting profit= total revenue - explicit cost
Accounting profit = $175,000 - $125,000 = $50,000
Economic profit is the difference between accounting profit and implicit cost. Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Economic profit = accounting profit - implicit cost
Economic profit = $50,000 - $75,000
Economic profit = -$25,000
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विरा
HE
QUESTION ONE / 10
Aaron wants to open a savings account. Which account will grow his money the most?
B. Account 2: Interest rate 1%, interest compounded daily.
A. Account 1: Interest rate 2%, Interest compounded daily.
D. Account 4: Interest rato 1%, interest compounded
annually.
C. Account 3: Interest rato 2%, interest compounded
monthly
Answer:
B. Account 2: Interest rate 1%, interest compounded daily
Explanation:
because since he want to be taking money from there regularly , he will need a rate of 2% and a interest compounded daily
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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rent received Rs. 10,000/-
Answer:
Okay, but where is the question or it's free points?
Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan
Answer: skill-based pay systems
Explanation:
What is good government??
Answer:
Al-Rodhan's eight minimum criteria are: 1) participation, equity, and inclusiveness, 2) rule of law, 3) separation of powers, 4) free, independent, and responsible media, 5) government legitimacy, 6) accountability, 7) transparency, and 8) limiting the distorting effect of money in politics.
Explanation:
hope this helps!:)
The new performance management system at the Long Island Jewish Medical Center (LIJ.M.C.) was specifically designed to address which of the following problems with traditional performance reviews? Ratings of employee traits are not effective measures of performance. Performance reviews should not include self-evaluations. Traditional performance reviews are unfair to minorities. Managers cannot complete traditional performance reviews on time. Which of the following problems might occur with the new performance appraisal system at LIJ.M.C.? Check all that apply. Patient satisfaction ratings might be influenced by something that is not related to a particular employee. Objective ratings, such as infection rates, might be influenced by something outside of the staff's control. Patients who feel they received very good or very poor care are more likely to complete surveys than other patients. The new standards are more subjective and less quantifiable than the old standards. Errors, such as stereotyping, are likely to occur when managers evaluate employees based on the specific, measurable goals they achieve. The ranking performance appraisal system tries to improve performance ratings by forcing managers to: Rate employees based on their actions, not their traits Include Information from a wide variety of sources in their reviews Rate employees based on intuition Compare employees Imagine you are the nurse manager for nurses on your floor. Ever since the new patient management system came online, productivity has been lower than expected. Under which circumstance do you decide to develop a training program for the nurses? The nurses have been spending more time communicating with patients. The nurses aren't as motivated as they were a few months ago Renovations in other areas have contributed to a temporary increase in additional daily tasks for nurses in other divisions. The nurses don't know how to enter patient data efficiently.
The new performance management system at the Long Island Jewish Medical Center (LIJ.M.C.) was specifically designed to address the problem that ratings of employee traits are not effective measures of performance.
The new system focuses on specific, measurable goals that employees should achieve.
Possible problems that might occur with the new performance appraisal system at LIJ.M.C. include: patient satisfaction ratings might be influenced by something that is not related to a particular employee; objective ratings, such as infection rates, might be influenced by something outside of the staff's control; patients who feel they received very good or very poor care are more likely to complete surveys than other patients; the new standards are more subjective and less quantifiable than the old standards; and errors, such as stereotyping, are likely to occur when managers evaluate employees based on the specific, measurable goals they achieve.
If the nurse manager for nurses on a particular floor notices that productivity has been lower than expected since the new patient management system came online, they might decide to develop a training program for the nurses if they determine that the nurses don't know how to enter patient data efficiently.
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The new performance management system at LIJ.M.C. was specifically designed to address the problem that ratings of employee traits are not effective measures of performance.
This problem is common in traditional performance reviews, where employees are rated based on subjective criteria, such as attitude and personality, rather than objective measures of performance. The new system at LIJ.M.C. aims to focus on measurable goals and achievements, rather than traits, to provide more accurate and effective evaluations of employee performance.
However, there are potential problems that might occur with the new performance appraisal system at LIJ.M.C. For example, patient satisfaction ratings might be influenced by factors that are outside of a particular employee's control, such as the overall quality of care provided by the hospital.
Objective ratings, such as infection rates, might also be influenced by factors outside of the staff's control. Additionally, patients who feel they received very good or very poor care are more likely to complete surveys than other patients, which could skew the results of patient satisfaction surveys.
As the nurse manager for nurses on the floor, if productivity has been lower than expected since the new patient management system came online, I would consider developing a training program for the nurses. If the nurses don't know how to enter patient data efficiently, this could be a significant barrier to their productivity.
By providing training on efficient data entry and other skills, the nurses may be able to work more efficiently and effectively, ultimately improving productivity on the floor.
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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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Choosing a specific company (e.g., IBM) and using the Financials option to calculate the following financial indexes in five years from 2016 to 2021. Then based on these indexes, analyze how the company you chose performed economically during these five years. Last, tell me if it is profitable to buy the stock of this company in 2022.
Leverage: Interest burden; Interest coverage; Leverage; Compound leverage factor;
Asset utilization: Total asset turnover; Fixed asset turnover; Inventory turnover; Days receivables;
Liquidity: Current ratio; Quick ratio; Cash ratio;
Profitability: Return on assets; Return on equity; Return on sales;
Market price: Market-to-book; Price–earnings ratio; Earnings yield.
Using IBM as the chosen company, an analysis of various financial indexes was conducted for the period from 2016 to 2021. The indexes include measures of leverage, asset utilization, liquidity, profitability, and market price.
Based on these indexes, an assessment of IBM's economic performance during the five-year period can be made. Finally, the question of whether it is profitable to buy the stock of IBM in 2022 will be addressed. Analyzing the financial indexes of IBM from 2016 to 2021 reveals important insights into the company's economic performance. The leverage indexes, such as interest burden, interest coverage, leverage, and compound leverage factor, provide information about IBM's ability to manage debt and its financial risk.
The asset utilization indexes, including total asset turnover, fixed asset turnover, inventory turnover, and days receivables, shed light on how effectively IBM utilizes its assets to generate revenue and manage inventory and receivables.
The liquidity indexes, such as current ratio, quick ratio, and cash ratio, assess IBM's ability to meet short-term obligations and its overall financial stability.
Profitability indexes, including return on assets, return on equity, and return on sales, measure IBM's ability to generate profits from its assets and equity investments.
Finally, market price indexes like market-to-book ratio, price-earnings ratio, and earnings yield provide insights into the market's perception of IBM's value and potential returns for investors.
Based on the analysis of these financial indexes, a comprehensive assessment of IBM's economic performance during the five-year period can be made, taking into account factors such as profitability, financial stability, and market valuation.
Note: To provide a specific analysis for IBM's financial indexes and evaluate the profitability of buying its stock in 2022, the actual financial statements and market conditions would need to be considered. Please consult up-to-date financial information and seek professional advice for investment decisions.
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How do different prices impact production in short and long run?
Answer:
In the short run, production is impacted by fixed factors and variables that affect production costs1. In contrast, in the long run, all factors of production and costs are variable, and firms can adjust all costs2. In the short run, changes in prices can lead to changes in production levels, but in the long run, firms can adjust their production levels to changes in prices2. The long-run movements in prices are more muted and quantity adjusts more easily because supply and demand are more elastic in the long run3. In the long run, if the demand for a product or service is high, the limited supply will cause the price to be high and remain high4