Total bond interest expense over the bonds' life: Total bond interest expense = $170,771.10 . The Premium on Bonds Payable account is being reduced using the effective interest method.
The total bond interest expense can be calculated by subtracting the initial issue price from the sum of the bond's future cash flows discounted at the market rate:
Total bond interest expense = ($460,000 x 0.065 x 5) - $469,812 x 0.06 x\((1 + 0.06/2)^-2\) + $460,000 x\((1 + 0.06/2)^-2\)
Total bond interest expense = $170,771.10
Effective interest amortization table:
Date Beginning Carrying Value Interest Expense Amortization of Premium Ending Carrying Value
1/1/2020 $469,812.00 $469,812.00
6/30/2020 $471,034.32 $15,119.24 $860.08 $470,293.24
12/31/2020 $472,285.16 $15,119.24 $860.08 $471,534.32
6/30/2021 $473,556.72 $15,119.24 $860.08 $472,795.44
12/31/2021 $474,849.64 $15,119.24 $860.08 $474,056.56
6/30/2022 $476,164.47 $15,119.24 $860.08 $475,337.79
Journal entries to record the first two interest payments:
June 30, 2020:
Interest Expense 15,119.24
Premium on Bonds Payable 860.08
Cash 15,979.32
December 31, 2020:
Interest Expense 15,119.24
Premium on Bonds Payable 860.08
Cash 15,979.32
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According to the trio-of-basic-needs theory, the ______ is closely related to the ego need.A) affection needB) affiliation needC) power needD) prestig
Hi! According to the trio-of-basic-needs theory, the power need (C) is closely related to the ego need. The other options, affection need (A) and affiliation need (B), are not as closely related to the ego need in this theory.
The trio-of-basic-needs theory, also known as the motivational theory of personality, proposes that humans have three basic psychological needs: the need for achievement, the need for affiliation, and the need for power.The need for achievement refers to the drive to excel and accomplish difficult tasks, while the need for affiliation refers to the desire for social interaction and acceptance from others. The need for power, on the other hand, refers to the desire to have an impact on others, to influence and control them, and to be recognized as an authority figure. This need is closely related to the ego, as it is concerned with self-esteem, self-image, and self-worth. Therefore, the correct answer to the question is C) power need.
The affection need is related to the need for belongingness and love, while the affiliation need is related to the need for social interaction and group membership. The prestige need is related to the desire for status and recognition.
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what amount of cash would result at the end of one year, if $21,000 is invested today and the rate of return is 10%? (pv of $1 and pva of $1)
$23100 is the amount of cash would result at the end of one year, if $21,000 is invested today and the rate of return is 10%
The amount invested = 21000
Interest for 1 year (21000*0.10)= 2100
Total cash after 1 year = 23100
Investment is the willpower of cash to buy of an asset to acquire an boom in fee over a period of time. funding calls for a sacrifice of a few gift asset, along with time, money, or attempt. In finance, the purpose of investing is to generate a return from the invested asset.
An investment involves putting capital to apply nowadays a good way to boom its price through the years. An funding requires putting capital to work, in the shape of time, cash, effort, etc., in hopes of a greater payoff within the destiny than what turned into at the start installed.
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what is the advantages that a multi national companies does to the host country?
Answer:
Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Answer:Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
When a property is being purchased by a veteran wanting to finance the property with a VA loan, the veteran must be in possession of a __________ obtained from the Department of Veterans Affairs.
When a property is being purchased by a veteran wanting to finance the property with a VA loan, the veteran must be in possession of a Certificate of Eligibility obtained from the Department of Veterans Affairs.
The Certificate of Eligibility is a document that proves a veteran's eligibility for a VA loan. It shows that the veteran has met the necessary service requirements and has not exceeded their loan entitlement. The Certificate of Eligibility can be obtained online through the VA's eBenefits portal, or by submitting a paper application through the mail. The VA lender will require this document as part of the loan application process. To obtain a COE, a veteran must submit the necessary paperwork, such as the VA Form 26-1880, to the Department of Veterans Affairs.
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which of the following is the correct word phrase of "4b+10"?
A. four added to 10
B. the product of four and B added to 10
C. the sum of 4 and B plus 10
D. the product of four and B subtracted to 10
Which one of these items is NOT a processed material?
O Paper
O Steel
O Sand
O Glass
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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Stephenson Limited produces a variety of products for the computing industry. The company’s CEO plans to produce a new product, WiFi router and asked the controller to prepare some information and be ready to meet with him to discuss about it. In preparing for the meeting, the controller accumulated the following data: Selling price of a router $1,250 Direct materials per router $270 Direct labour per router $130 Variable overhead per router $80 Total fixed costs $120,000
Required: a) Calculate the contribution margin per unit, break-even point in units and in sales dollar.
b) Calculate the number of units that must be sold and the amount of sales revenue to earn $300,000 of profit.
c) Calculate the break-even point in units and in sales dollar if the company were to reduce variable costs by $220 per unit by investing in technology resulting in an overall increase of $20,000 in total fixed costs? d) The CEO believes the company can increase sales by 50 units if advertising expense is increased by $31,000 based on the original data. Justify whether the company should increase advertising expenditure.
a) Contribution Margin per Unit: $770, Break-Even Point in Units: ≈ 155.84, Break-Even Point in Sales Dollars: ≈ $194,800.
b) Number of Units for $300,000 Profit: ≈ 584.42, Sales Revenue for $300,000 Profit: ≈ $730,525.
c) New Contribution Margin per Unit: $1,410, New Break-Even Point in Units: ≈ 94.33, New Break-Even Point in Sales Dollars: ≈ $117,912.50.
d) Additional Sales Revenue: $62,500, Contribution from Additional Sales: $38,500, Additional Advertising Expense: $31,000. Conclusion: Increase in advertising expenditure is justified as it would result in a positive contribution to profit.
a) To calculate the contribution margin per unit, break-even point in units, and break-even point in sales dollars, we need the following information:
Selling price per router: $1,250
Direct materials per router: $270
Direct labor per router: $130
Variable overhead per router: $80
Total fixed costs: $120,000
Contribution Margin per Unit:
Contribution Margin per Unit = Selling Price per Unit - Variable Costs per Unit
Contribution Margin per Unit = $1,250 - ($270 + $130 + $80)
Contribution Margin per Unit = $1,250 - $480
Contribution Margin per Unit = $770
Break-Even Point in Units:
Break-Even Point in Units = Total Fixed Costs / Contribution Margin per Unit
Break-Even Point in Units = $120,000 / $770
Break-Even Point in Units ≈ 155.84
Break-Even Point in Sales Dollars:
Break-Even Point in Sales Dollars = Break-Even Point in Units × Selling Price per Unit
Break-Even Point in Sales Dollars = 155.84 × $1,250
Break-Even Point in Sales Dollars ≈ $194,800
b) To calculate the number of units and sales revenue needed to earn $300,000 of profit, we need to consider the contribution margin per unit and total fixed costs:
Number of Units for $300,000 Profit:
Number of Units = (Total Fixed Costs + Desired Profit) / Contribution Margin per Unit
Number of Units = ($120,000 + $300,000) / $770
Number of Units ≈ 584.42
Sales Revenue for $300,000 Profit:
Sales Revenue = Number of Units × Selling Price per Unit
Sales Revenue = 584.42 × $1,250
Sales Revenue ≈ $730,525
c) If the company reduces variable costs by $220 per unit and incurs an additional $20,000 in total fixed costs, the new calculations would be:
New Contribution Margin per Unit = $1,250 - ($270 - $220 + $130 + $80) = $1,410
New Break-Even Point in Units = ($120,000 + $20,000) / $1,410 ≈ 94.33
New Break-Even Point in Sales Dollars = 94.33 × $1,250 ≈ $117,912.50
d) To determine whether the company should increase advertising expenditure, we need to consider the additional sales generated by the increased advertising and compare it to the additional expense:
Contribution Margin per Unit: $770
Additional Units Sold: 50
Additional Sales Revenue: 50 × $1,250 = $62,500
Contribution from Additional Sales = Additional Units Sold × Contribution Margin per Unit = 50 × $770 = $38,500
Additional Advertising Expense: $31,000
Since the contribution from the additional sales ($38,500) exceeds the additional advertising expense ($31,000), it would be justified for the company to increase advertising expenditure as it would result in a positive contribution to profit.
Please note that these calculations are based on the provided data and assumptions, and actual results may vary.
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As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
Which of the following might vary in on online purchase depending on where the purchaser lives?
A. The quality of the object
B. The sales tax charged
C. The appearance of the item
D. The retail price of the item
Answer:
The sales tax
Explanation:
pay the required payment plus the $X each month. Hint: Calculate your balance after your 36 th payment. Over time mortgage rates dropped. So, on December 31, 2019, you refinanced your mortgage. You refinanced the ending balance after your 36 th payment with a new standard 30-year fixed rate mortgage with a contract interest rate of 3.8% (nominal, monthly compounding), with the first payment due on January 31 , 2020. You still wanted to completely payoff your house on your 60 th birthday. So, you again calculated how much extra (\$Y) to pay each month, above the required payment, and you make that payment each month, starting on January 31, 2020. As planned, with your payment on September 30 th of your 60 th birthday, your mortgage balance is exactly zero. Hint: Calculate your payment with N=360 and N=153. What is \$Y? Answer is whole dollars, rounded to the nearest dollar, with no punctuation. For example, if your answer is $1,224.75, enter "1225". pay the required payment plus the $X each month. Hint: Calculate your balance after your 36 th payment. Over time mortgage rates dropped. So, on December 31, 2019, you refinanced your mortgage. You refinanced the ending balance after your 36 th payment with a new standard 30-year fixed rate mortgage with a contract interest rate of 3.8% (nominal, monthly compounding), with the first payment due on January 31 , 2020. You still wanted to completely payoff your house on your 60 th birthday. So, you again calculated how much extra (\$Y) to pay each month, above the required payment, and you make that payment each month, starting on January 31, 2020. As planned, with your payment on September 30 th of your 60 th birthday, your mortgage balance is exactly zero. Hint: Calculate your payment with N=360 and N=153. What is \$Y? Answer is whole dollars, rounded to the nearest dollar, with no punctuation. For example, if your answer is $1,224.75, enter "1225".
The amount of the payment required to pay off a loan of $444,826.27 over 27 years with monthly compounding interest is at 3.8%is PMT(3.8%/12, 27*12, 444826.27) = -$2,569.83. Therefore, Y = $2,569.83 - $2,059.74 = $510.09. Rounding it off to the nearest dollar, the value of Y is $510. Answer: \boxed{510}.
Given that you refinanced the ending balance after your 36th payment with a new standard 30-year fixed-rate mortgage with a contract interest rate of 3.8% (nominal, monthly compounding), with the first payment due on January 31, 2020.
To find the value of Y, we need to calculate the payment with N=360 and N=153.
After refinancing, the balance of the mortgage was $444,826.27 (which is the present value of the loan), with an interest rate of 3.8% (nominal, monthly compounding) for a period of 30 years or 360 months.
Using the PMT formula in excel we can find the payment, the syntax for this formula is PMT(rate,nper,pv) where rate is the interest rate per period, nper is the total number of payments, and pv is the present value of the loan. Therefore, PMT(3.8%/12,360,-$444826.27) returns -$2,059.74 (a negative value because this represents an outflow, which is a payment).
Thus, the required payment each month is $2,059.74.After refinancing, you recalculated how much extra to pay each month, above the required payment, to completely pay off your mortgage on your 60th birthday. The present value of the mortgage on the day of the refinancing was $444,826.27, and you want to make payments over 27 years (from January 31, 2020, to September 30, 2047), which is 27 x 12 = 324 payments. The amount of the payment required to pay off a loan of $444,826.27 over 27 years with monthly compounding at 3.8% interest is PMT(3.8%/12, 27*12, 444826.27) = -$2,569.83.
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Suppose your firm recelves a $4.37 milion order on the last day of the year. You fill the order with $1.79 millon worth of inventory. The customer picks up the entire order the same day and pays $1.06 militon up front in cash, you also issue a bilf for the customer to pay the remaining batance of $3.31 million within 40 days. Suppose your firm's tax rate is 0% (Le. ignore taxes). Determine the consequences of this transaction for each of the following a. Revenues d. Inventory b. Eamings e. Cash c. Recelvables a. Revenues Revenues will by 5 millon (select from the drop-down menu and round to two decinal places)
a. Revenues: The revenue from the transaction will be $5 million. (Note: There seems to be an error in the statement where it says "Revenues will by 5 million." The correct statement is that revenues will be $5 million.)
b. Earnings: Earnings will depend on the cost of the inventory. Since the cost of the inventory used to fulfill the order is $1.79 million, the earnings will be the revenue minus the cost of goods sold (COGS). Therefore, earnings will be $5 million - $1.79 million = $3.21 million.
c. Receivables: The receivables represent the amount that the customer owes after making the upfront cash payment. In this case, the remaining balance of $3.31 million is expected to be collected within 40 days. So, the company will have accounts receivable of $3.31 million.
d. Inventory: The inventory decreases by the cost of the goods sold, which is $1.79 million. Therefore, the inventory will decrease by $1.79 million.
e. Cash: The cash will increase by the amount received upfront, which is $1.06 million. So, the company will have $1.06 million in cash from the transaction.
To summarize:
a. Revenues: $5 million
b. Earnings: $3.21 million
c. Receivables: $3.31 million
d. Inventory: Decreased by $1.79 million
e. Cash: Increased by $1.06 million
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Lawlor, Inc. is the manufacturer of lawn care equipment. The company incurs the following costs while manufacturing weed trimmers:
• Shaft and handle of weed trimmer
• Motor of weed trimmer
• Factory labor for workers assembling weed trimmers
• Nylon thread used by the weed trimmer (not traced to the product)
• Glue to hold the housing together
• Plant janitorial wages
• Depreciation on factory equipment
• Rent on plant
• Sales commissions
• Administrative salaries
• Plant utilities
• Shipping costs to deliver finished weed trimmers to customers
Requirements
1. Describe the difference between period costs and product costs.
2. Classify Lawlor’s costs as period costs or product costs. If the costs are product costs, further classify them as direct materials, direct labor, or manufacturing overhead.
1. Period costs are expenses incurred over a period of time that are unrelated to the production process and are not included in the price of the finished goods while costs associated with creating or buying a product are referred to as product costs.
2. Shaft and handle of weed trimmer - product cost, direct material
• Motor of weed trimmer - product cost, particularly direct material
• Factory labor for workers assembling weed trimmers - product cost, particularly direct labor
• Nylon thread used by the weed trimmer (not traced to the product) - product cost, particularly a manufacturing overhead
• Glue to hold the housing together - product cost, particularly a manufacturing overhead
• Plant janitorial wages - product cost, particularly a manufacturing overhead
• Depreciation on factory equipment - product cost, particularly a manufacturing overhead
• Rent on plant - product cost, particularly a manufacturing overhead
• Sales commissions - period cost
• Administrative salaries - period cost
• Plant utilities - product cost, particularly a manufacturing overhead
• Shipping costs to deliver finished weed trimmers to customers - period cost
Expenses that are incorporated into the price of the product, are product costs. Direct Materials, Direct Labour, and Manufacturing Overhead are the three product costs of a manufacturing company. Direct materials are those that are used during production and end up in the finished product.
The wages of employees who play a role in the production process and can be linked to the finished product are referred to as direct labour. Costs associated with the production process but not directly related to the product are referred to as manufacturing overhead.
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Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
TRUE / FALSE. a blended capitalization rate is an average of the capitalization rates that would be used for the individual properties in a portfolio if each was being valued separately.
The statement "a blended capitalization rate is the capitalization rates that would be used for the properties in a portfolio" is true because the capitalization rate is metric to evaluate return on investment.
When an investor has a portfolio of multiple properties, each with its own cap rate, a blended capitalization rate can be calculated to provide an overall measure of the portfolio's performance. By averaging the individual cap rates, the blended capitalization rate helps investors to understand the overall risk and potential return of their property investments as a whole, rather than focusing on individual properties.
This approach can be useful for comparing different investment portfolios or for making strategic decisions about managing an existing portfolio.
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find 5 state laws that protects consumer rights and describe them in 30-60 words
1. Alabama Homestead protection law.
2. Alaska Identity theft law
3. Arizona deceptive trade law practices
4. New Hampshire Antitrust laws
5. California Interest rate laws
1. The fundamental guidelines of Alabama's homestead protection laws, which enable struggling homeowners to save some of their equity and keep their houses after declaring bankruptcy.
2. A description of Alaska's Personal Information Protection Act, which forbids the solicitation of Social Security numbers for trade and other identity-theft-related activities.
3. The use of fraudulent advertising, bait-and-switch tactics, tampering with a car's odometer, and providing links to websites with information on relevant subjects are all illegal under Arizona law.
4. The fundamentals of antitrust law in New Hampshire, which forbids "agreement, combination, or conspiracy in restraint of trade," such is when a big business buys out smaller rivals.
5. The fundamentals of California law governing interest rates and usury laws, including the maximum legal interest rate that a creditor may charge and the consequences for charging illegal interest rates.
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If the rate of increase of total utility declines as the quantity consumed of a good increases, it follows that marginal utility must be
Answer:
negative
Explanation:
Marginal utility refers to the additional satisfaction that a consumer obtains from getting one more unit of a good. Marginal utility is negative if the overall utility decreases with the consumption of one more unit.
As the rate of increase of total utility declines, the quantity consumed of a good increase. It follows that marginal utility must be negative.
the ________ method of promotional budgeting is based on determining the level of spending necessary to accomplish specific promotion goals.
The "Objective and Task" method of promotional budgeting is based on determining the level of spending necessary to accomplish specific promotion goals.
The Objective and Task method is a promotional budgeting approach that involves setting clear promotional objectives and then allocating the budget based on the tasks required to achieve those objectives. This method emphasizes a goal-driven approach, where the budget is determined by the specific promotional activities and strategies needed to meet the desired outcomes.
In this method, promotional goals are defined, such as increasing brand awareness, boosting sales, or launching a new product. Once the objectives are established, the tasks and activities necessary to accomplish those goals are identified. Each task is then assigned a cost, which collectively determines the promotional budget.
By using the Objective and Task method, companies can align their promotional spending with specific objectives, ensuring that resources are allocated strategically to achieve desired outcomes. This approach promotes a more effective and efficient use of the promotional budget, as it focuses on the direct relationship between promotional activities and the desired results.
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In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answer:
ummmm...
Explanation:
Which of the following is an example of human resources planning?
A. An employee complains to his manager that he is being asked to
work too many hours.
B. An HR manager talks with department managers to determine
which workers are needed,
C. Two workers disagree with each other about the sufficiency of the
benefits the HR department offers,
D. A CEO talks with the HR manager about the value of the company
and decides that it needs to grow.
SUBMIT
Answer:
B. An HR manager talks with department managers to determine which workers are needed,
What is the amount of money it costs to display or broadcast an advertisement called?
Elaine just accepted a new job and is working with the company's HR department to fill out
paperwork. Which of the following steps is she responsible for?
a. Determine how much tax to withhold from her paychecks based on W-4 information
b. Complete a W-4 form
c. Send withholding amounts to the
federal government
d. Complete a W-2 form
As a new person that has been accepted to the new Job that has to fill the HR of the company, what she is going to be responsible for would be to Complete a W-4 form.
What is a W-4 form?W-4 form is the term that is used to refer to the form that thet the people that are employed in a particular organization would have to fill. The form would have to tell the amount of money that the employee is to withhold from your pay as the tax that you are to pay to the government as your income.
The other term that the form is used to be called is the employee withholding certificate because of the work that the form is meant to achieve.
Hence we would have to say that the steps that Elaine is going to be responsible for filling would be the employee withholding for the business to take her federal taxes for the government.
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To what extent does woolworths have over the macro environment
Comparing the hiring processes used at Goldman Sachs before and after the changes implemented under Dane Holmes, which process better met the standards of distributive justice? Why?
Distributive justice refers to the fair distribution of resources, opportunities, and outcomes. In the context of hiring processes, it typically involves treating candidates fairly, providing equal opportunities, and making decisions based on merit rather than bias or discrimination.
To determine which process better met the standards of distributive justice, one would need to examine the specific changes made under Dane Holmes and evaluate how they addressed potential biases, improved transparency, promoted diversity and inclusion, and ensured equal opportunities for all candidates. This would require access to relevant data, policies, and information about the impact of the changes on the hiring outcomes.
It is recommended to refer to official sources, reports, or studies that provide insights into the specific changes made at Goldman Sachs and their effects on the hiring processes to assess their alignment with distributive justice standards.
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Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varion Air's strategy best represents the ____ element of its marketing mix.
place
promotion
price
product
The Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varioun Air's strategy best represents the promotion element of its marketing mix.
What is strategy?An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the strategy for achieving the stated goal.
Advertising, sales promotion, and public relations, three of the five promotional factors, are frequently cited as using mass selling. Mass selling is the promotional strategy that contacts large groups of potential customers
Therefore, Thus option (B) is correct.
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____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.
Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.
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Assume that 10 years ago you purchased a $1,000 bond for $865. The bond pays 10.70 percent interest and will mature this year. (a) Calculate the current yield on your bond investment at the time of the purchase. (Enter your answer as a percent rounded to 2 decimal places.) Current yield (b) Determine the yield to maturity on your bond investment at the time of purchase. (Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity %
12.36% is the yield to maturity on your bond investment at the time of purchase.
To calculate the current yield, divide the annual interest payment by the bond's purchase price and multiply by 100 to express it as a percentage:
(a) Current yield = (Annual interest payment / Purchase price) * 100
The annual interest payment is 10.70% of the bond's face value, which is $1,000. So, the annual interest payment is $1,000 * 10.70% = $107.
Current yield = ($107 / $865) * 100 = 12.36%
To determine the yield to maturity, we need to consider the bond's purchase price, face value, annual interest payment, and the number of years remaining until maturity.
(b) Since the bond is maturing this year, the number of years remaining until maturity is 0. Therefore, the yield to maturity is equal to the current yield:
Yield to maturity = Current yield = 12.36%
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Many businesses optimize their website to incorporate a ______ with simplified navigation to accommodate smartphones and tablets.
Many businesses optimize their website to incorporate a mobile-first strategy with simplified navigation to accommodate smartphones and tablets.
What is the importance of the "mobile first" strategy?The "mobile first" principle, in other words, plays a significant role in product design. On the one hand, it increases designers' efficiency and helps to shorten the product design process. On the other hand, it makes product content a more important consideration for designers, which helps them produce clean and useful designs.
What does a "mobile first" strategy mean?A "mobile-first" strategy entails designing a desktop site first for mobile, and then adapting it for larger screens. Instead of starting with a desktop site and then adapting it for smaller screens, as is the norm.
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T/F : the reason given for the sherman antitrust act was huge monopolies were using their power to squash competition.
True, the Sherman Antitrust Act was enacted because powerful monopolies were abusing their position to stifle competition.
The Sherman Antitrust Act was passed in 1890 with the aim of preventing the formation of monopolies and promoting fair competition in the market. It was in response to the growing concerns over the increasing power of large corporations, which were using their wealth and influence to eliminate competition and dominate the market. The Sherman Antitrust Act aimed to break up these monopolies and promote competition, thus protecting the interests of consumers and ensuring a level playing field for businesses.
The Act aimed to prevent businesses from engaging in anti-competitive practices, such as price-fixing or collusion, which could lead to the creation of monopolies or trusts. By doing so, the Act aimed to protect consumers from unfair pricing and ensure that small businesses had an equal opportunity to compete in the market.
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