Several factors affect a firm's ability to pay a dividend. Three such factors are described in the table: profitability (an increase in net income), investment opportunities, and capital structure (an increase in the debt ratio). Use the table to indicate how a firm's ability to pay a dividend is affected by the factors described. Hint: Consider each factor in isolation, with everything else held the same.) Factors Affecting Dividend Payment Ability to Pay Dividends Net income increases. More profitable investment opportunities are available. The firm increases its debt ratio. The ability to pay dividends The ability to pay dividends The ability to pay dividends Spandelay Industries Inc. is a typical company that is very concerned with meeting investors' expectations and keeping investors happy. Its earnings tend to fluctuate from year to year because of the nature of the business the company is in. Which of these statements most likely describes Spandelay Industries Inc.'s dividend policy? Spandelay Industries Inc. will be willing to increase its dividend only if it believes that it will be able to maintain the dividend increase in future years. O Spandelay Industries Inc. will increase its dividends in years when it has high earnings so that it can distribute excess free cash flows to investors, even if it means that the firm will have to reduce its dividend in subsequent years
Answers
Based on the information provided, it appears that Spandelay Industries Inc. is likely to have a stable dividend policy, in which the company will only increase its dividends if it believes it will be able to maintain the increase in future years.
This approach is often taken by companies that are concerned with meeting investors' expectations and maintaining investor confidence. In contrast, a company that increases its dividends in years when it has high earnings and then reduces them in subsequent years may be seen as less reliable by investors and may face negative consequences as a result. Therefore, it is generally better for a company to have a stable dividend policy that it can maintain over the long term, rather than a more erratic dividend policy that may be affected by short-term fluctuations in earnings.
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Related Questions
Which question can best help a consumer assess risk when purchasing insurance? How much must be paid to make a claim? What problems are most likely to happen? What are the possible payouts on a claim? How much are the monthly premiums?
Answers
Answer: the answer is : What problems are most likely to happen?
Explanation:
Answer:
b
Explanation:
Which bank deals with short term of credit A. Agricultural bank B. Comersial bank C. Industrial Bank D. None of these
Answers
Answer:
B) commercial bank
Explanation:
i hope it helps you :)
Sales total Rs. 400,000 when variable costs total Rs.200,000 and fixed costs total $50,000. What is the breakeven point in sales dollars?
Answers
When fixed costs are $50,000 and variable costs are Rs. 200,000, sales come to Rs. In terms of sales dollars, $100,000 is the breakeven point.
A breakeven point is defined.Breakeven points are used extensively in business and finance. The output level is what is produced when, in terms of accounting, total production revenue and total production costs are equal. When the purchase price and the market price are equal, this is when an investment reaches its breakeven point. It is known as the breakeven point in options trading when the market price of an underlying asset hits the level at which a buyer would not incur a loss.
Why do we utilize the break-even point?The break-even point is important for business owners since it shows the minimum amount of sales required to make a profit. A business owner can make well-informed decisions about pricing, output levels, and other factors that have an impact on the bottom line by being aware of the break-even point.
Contribution margin percentage = ($400,000 − $200,000) / $400,000 = 50%;
BE sales = $50,000 / 0.5 = $100,000
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A business plans to make 30,000 coats per annum, each taking 1.5 direct labour hours. If
the direct labour rate is $8 per hour and a pay rise of 20% is awarded halfway through the
year, what the is total annual direct labour budget?
Answers
A business makes 15,000 coats annually. Each coat taking 1.5 labor hours. The direct labor rate is $8.
Total cost= 15,000X1.5X$8 =$1,80,000 p.a.
What is Total cost?Total cost is the term used to describe the total cost of manufacturing, which includes both fixed and variable costs.
The total cost is the term used in economics to describe the costs involved in producing a good.
A business's cost is frequently the investment made to produce the good or service it sells. Price is a reflection of a customer's willingness to pay for a commodity or service.
First half year labor cost=$1,80,000/2
= $90,000
After rising the price by 15%
Second half year labor cost=$90,000X1.15
=$1,03,000
Total budget=$90,000+1,03,000
=$1,93,000.
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Calculating Returns and Variability (LO1) You’ve observed the following returns on Regina Computer’s stock over the past five years: 7%, −12%, 11%, 38%, and 14%. a. What was the arithmetic average return on Regina’s stock over this five-year period? b. What was the variance of Regina’s returns over this period? The standard deviation?
Answers
The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %
The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %
How to find the arithmetic mean?The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.
The arithmetic mean to Regina stock in the five year period was therefore:
= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5
= 58 % / 5
= 11. 6 %
Using this mean, the variance can be found on a spreadsheet to be 320.3.
The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:
= √ Variance
= √ 320.3
= 17.89
= 17.9 %
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An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively, with the first payment being made one year from today. What is the minimum amount you should accept today as a lump sum settlement if your discount rate is 7 percent?
A. $119,877.67
B. $111,144.18
C. $105,000.10
D. $118,924.27
E. $114,556.88
Answers
If a company is using the indirect method to prepare the statement of cash flows, identify where an increase in the accounts receivable account should be reported:
Answers
Question Instructions
- Answer all the questions provided.
- Show your calculations in detail and explain the rationale of your answers thoroughly.
- Calculators are allowed.
1. A kitchenware company asked 10 customers the number of times they used the specialty cooking equipment they bought from the company in the last month:
4 6 8 6 7 2 1 8 12 10
A) Calculate the mean number of uses in the last month.
[5 marks]
B) Calculate the standard deviation. Make sure to show your calculations.
[15 marks]
2. A drilling company has estimated a 60% chance of striking oil for their new well. A detailed test has been scheduled. Historically, 40% of successful wells have had detailed test, and 10% of unsuccessful wells have had detailed test.
A) Given that this well has been scheduled for a detailed test, what is the probability that the well will be successful? Use Bayes’ Theorem.
[10 marks]
B) Would you say that the probability of successful drilling and the probability of having a detailed test are independent? Explain your answer using probabilities.
[10 marks]
3. Answer the following questions in no more than 3-4 lines for each one:
A) Why do you think investigating sample is more efficient for statistical control than investigating an entire population?
[5 marks]
B) What sample size is large enough to assume that the sampling distribution of proportion is normally distributed?
[5 marks]
C) Can 100% confidence level be used to determine a population parameter?
[5 marks]
D) What happens to confidence intervals when the confidence level is increased?
[5 marks]
4. A company claims that the average consumer buys 50 bars of chocolate in a calendar year Suppose a random sample of 100 consumers displayed the following statistics regarding the number of chocolate bars consumed in a year: X-bar=40, S=25.
A) What are the null and alternative hypotheses to determine if the number of chocolates consumed in a year is actually more or less than 50?
[5 marks]
B) What would be the value of the test statistic in this case?
[5 marks]
C) Considering that a confidence level of 5% for a normally distributed sample corresponds to a statistic score of ±1.96, what is your inference of the outcome in (B)?
[5 marks]
D) Explain briefly what are the Type I and Type II errors.
[5 marks]
5. A research group is trying to predict the performance of students on final exams based on the amount of time students study during the year. They use the following data:
SST = 110.00
SSR = 90.25
n = 200
A) Determine the coefficient of determination r2 and interpret its meaning.
[8 marks]
B) Determine the standard error of the estimate.
[7 marks]
C) How useful do you think this regression model is for predicting the performance of students on exams by the variation of the time spent studying?
[5 marks]
Answers
Answer:
Let x be a random variable representing the price of a Congo-imported black diamond. Let the higher price be p. Then,
P(x < p) = P(x < (p - mean)/sd) = P(x < (p - 60,430)/21,958.08) = P(z < 2)
Therefore,
(p - 60,430)/21,958.08 = 2
p - 60,430 = 2 x 21,958.08 = 43,916.16
p = 34,916.16 + 60,430 = 104.346.16
Therefore, The required price is $104,346.16
Explanation:
C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:
i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks
Answers
i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.
ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.
iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.
iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.
What differentiates simple interest from compound interest?The difference between simple interest and compound interest is that simple interest is only based on the principal.
On the other hand, compound interest computes interest on both the principal and accumulated interest.
Simple Interest (Deposits at Beginning):Period Principal Interest Balance
1 K10,000 K500 K10,500 (K10,000 + K500)
2 20,000 1,000 21,500 (K10,500 + K10,000 + K1,000)
3 30,000 1,500 33,000
4 40,000 2,000 45,000
5 50,000 2,500 57,500
6 60,000 3,000 70,500
7 70,000 3,500 84,000
8 80,000 4,000 98,000
9 90,000 4,500 112,500
10 100,000 5,000 127,500
Simple Interest (Deposits at Ending):Period Principal Interest Balance
1 K10,000 K0 K10,000
2 20,000 500 20,500 (K10,000 + K10,000 + K500)
3 30,000 1,000 31,500
4 40,000 1,500 43,000
5 50,000 2,000 55,000
6 60,000 2,500 67,500
7 70,000 3,000 80,500
8 80,000 3,500 94,000
9 90,000 4,000 108,000
10 100,000 4,500 122,500
Compound Interest at Ending:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = K125,778.93
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K25,778.93
Compound Interest at Beginning:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = $132,067.87
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K32,067.87
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Select all the correct answers.
Ray has six hours before he goes to bed on a school night. He plans to spend an hour surfing the Internet, two hours playing his favorite
game, two hours watching TV, and one hour doing his homework. However, some of the math problems in his homework are extremely
difficult, and it will take him more than two hours to finish them. He knows his teacher won't give him any credit for the work unless it's
completely finished, and it's Important that he get good grade in the class. Which of these options for dealing with this situation are a
trade-off of Ray's time?
O He will spend only one hour on homework and leave out what he can't finish.
D He will spend one extra hour on homework and give up watching TV.
0
He will finish his homework while he is watching TV.
O He will play his favorite game for one hour and do homework for two hours.
0
He will ask his brother to help him with his homework.
Answers
Answer:
the answer is c.) he will play his favorite game for one hour and do his homework for two hours
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 38,000 Assets $ 27,300 Debt $ 6,700 Costs 32,600 Equity 20,600 Net income $ 5,400 Total $ 27,300 Total $ 27,300 The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.) What is the plug variable?
Answers
Answer:
Go up...Explanation:
Describe five ways in which Consumers can have an impact on the environment?
Answers
Answer:
When They makes their customers feel happy about their prices of their products
When they always makes sure they have all the products customers want and with suitable prices
importance of learning foreign language
Answers
Answer:
The study of a foreign tongue improves the knowledge of one's own language: English vocabulary skills increase. Foreign languages expand one's world view and limit the barriers between people: barriers cause distrust and fear. Foreign language study leads to an appreciation of cultural diversity.
Explanation:
Answer:
if your asking why it is important its becuz it will open more opportunities
Advanced Debtor–Creditor Relations and Secured Transactions :
1.Suppose you are buying a house and a bank is lending you the money for the purchase. In finalizing the loan, the bank will require you to sign a mortgage/deed of trust, as well as a:
a)writ of execution.
b)writ of attachment.
c)promissory note.
d)security agreement.
Answers
In finalizing the loan, the bank will require you to sign a mortgage/deed of trust, as well as a: promissory note.
A promissory note is a written agreement between two parties (you, the borrower), in which you promise to repay a debt obtained from the other party (often a bank or other financial institution).
Promissory notes can be issued by anybody who wants to lend money (for example, house sellers, credit unions, Fin-Tech companies, and non-mortgage-related banks), but they are specifically used in real estate and the mortgage process to ensure that borrowers will pay back their loans on schedule.
Hence the correct option is C
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Mrs. Harriett age 62, has the following receipts, accruals and expenses for the 2023
year of assessment:
Income R
Salary per month R18 000
Bonus for the year R22 000
Interest per annum from a local bank R23 000
Foreign interest R56 000
Dividends per annum from a South African Company R120 000
Foreign dividends per annum R45 000
Rental income per month R12 000
Gifts from friends on his 62nd birthday R3 700
Trade income from a part time business R180 000
Uniform allowance per annum R9 000
Annuity from a trust per annum R26 000
Commission per annum from a part time job R80 000
Inheritance of a building (market value) (Note 1) R550 000
Royalty from a book per annum R60 000
Foreign pension R120 000
Proceeds from the sale of a farm (Note 2) R600 000
War and disability pension (Note 3) R150 000
Restraint of trade receipt R350 000
Know-how receipt for her employer R120 000
Expenses:
Trade expense R22 000
Rental expense R19 000
Fees expenses for her children R19 000
Food and electricity expense for her household R4 500
Salaries/wages for her employee at the part-time business R60 000
Notes:
2
1) During the year, she inherited a building from her late Uncle. His Uncle started
in the Will that this building should never be sold by any member of the family.
2) Mrs. Harriett acquired this farm in 2008 at a cost of R200 000. She then sold
this farm during the 2019 year of assessment for the amount mentioned above.
3) Mrs. Harriett had been a member of the SANDF, she left the organization due
to an injury she sustained during war confrontation with Namibian Air Force.
Required:
You are required; to calculate the tax payable by Mrs. Harriett Norway for the
2023 year of assessment.
2023 tax year (1 March 2022 – 28 February 2023)
Answers
Tax payable by Mrs. Hariett for the given years are -
0% on the first R100,000
10% on the portion between R100,001 and R500,000
20% on the portion between R500,001 and R1,000,000
To calculate the tax payable by Mrs. Harriett for the 2023 year of assessment, we need to consider her various sources of income, expenses, and deductions. Please note that I will provide an estimation of the tax payable based on general tax rules. Actual tax calculations may vary depending on the specific tax laws and regulations of the country in question.
Here's a breakdown of Mrs. Harriett's income, expenses, and deductions:
Income:
Salary per month: R18,000 x 12 = R216,000
Bonus for the year: R22,000
Interest per annum from a local bank: R23,000
Foreign interest: R56,000
Dividends per annum from a South African Company: R120,000
Foreign dividends per annum: R45,000
Rental income per month: R12,000 x 12 = R144,000
Gifts from friends on her 62nd birthday: R3,700
Trade income from a part-time business: R180,000
Uniform allowance per annum: R9,000
Annuity from a trust per annum: R26,000
Commission per annum from a part-time job: R80,000
Inheritance of a building (market value): R550,000
Royalty from a book per annum: R60,000
Foreign pension: R120,000
Proceeds from the sale of a farm: R600,000
War and disability pension: R150,000
Restraint of trade receipt: R350,000
Know-how receipt for her employer: R120,000
Expenses:
Trade expense: R22,000
Rental expense: R19,000
Fees expenses for her children: R19,000
Food and electricity expense for her household: R4,500
Salaries/wages for her employee at the part-time business: R60,000
Deductions:
Medical expenses (if applicable)
Retirement annuity contributions (if applicable)
Now, let's calculate the taxable income and the tax payable based on the tax rates applicable for the 2023 tax year in Norway. Please note that I will assume the tax rates based on general knowledge and not specific to Norway's tax rates.
Calculate the taxable income:
Total Income: R216,000 + R22,000 + R23,000 + R56,000 + R120,000 + R45,000 + R144,000 + R3,700 + R180,000 + R9,000 + R26,000 + R80,000 + R550,000 + R60,000 + R120,000 + R600,000 + R150,000 + R350,000 + R120,000 = R3,260,700
Total Expenses: R22,000 + R19,000 + R19,000 + R4,500 + R60,000 = R124,500
Taxable Income: R3,260,700 - R124,500 = R3,136,200
Apply the applicable tax rates to the taxable income:
Based on the assumed tax rates, let's assume a progressive tax structure with the following tax brackets and rates:
0% on the first R100,000
10% on the portion between R100,001 and R500,000
20% on the portion between R500,001 and R1,000,000
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How can you eliminate trip hazard
Answers
The removal of trip hazards As you walk, be sure you can see where you are going. Avoid transporting loads that you cannot see over.
Any of the various forms of transportation infrastructure that are used to convey people and products between locations are referred to as means of transportation. Both the method of transportation and the means of transportation are used equally. The modes of transportation are road, air, sea/ocean, etc., while the methods of transportation include bus, train, airplane, ship, vehicle, etc. road, rail, sea, and air. In the logistics sector, these are the four main modes of transportation (or types). Transferring a consignment from one mode of transportation to another. airlift, lift. airborne delivery of individuals or objects (especially when other means of access are unavailable).
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You have $25.36 in your account. You make deposits of $36 and $78 and make a withdrawal of $61.24. How much is in the account?
Answers
Answer:
78.12
Explanation:
Prepare journal entries to record each of the following four separate issuances of stock.
a. A corporation issued 8,000 shares of $5 par value common stock for $48,000 cash.
b. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.
c. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value.
d. A corporation issued 2,000 shares of $75 par value preferred stock for $190,000 cash.
Answers
Answer:
subject?
Explanation:
In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant costs of producing 2,400 units of product PQ107 internally are:
Answers
Answer:
$149,000
Explanation:
Computation for the relevant costs of producing 2,400 units of product PQ107 internally
Using this formula
Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental
Let plug in the formula
Relevant Costs = [(2,400 units × $31/unit) + (2,400 units × $19/unit) + (2,400 units × $8/unit)] + $9,800
Relevant Costs=$74,400+$45,600+$19,200+$9,800
Relevant Cost =$149,000
Therefore the relevant costs of producing 2,400 units of product PQ107 internally are $149,000
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,075 2 1,210 3 1,340 4 1,420 a. If the discount rate is 8 percent, what is the future value of the cash flows in Year 4
Answers
Answer:
the future value of the cash flow in year 4 is $5,632.73
Explanation:
The computation of the future value of the cash flow in year 4 is as follows:
= $1,075 × (1.08^3) + $1,210 × (1.08^2) + $1,340 × (1.08^1) + $1,420 ×(1.08^0)
= $1,354.19 + $1,411.34 + $1,447.20 + $1,420
= $5,632.73
Hence, the future value of the cash flow in year 4 is $5,632.73
The same is to be considered and relevant
What is a consumer in business
Answers
Answer:
Consumers are defined as individuals or businesses that consume or use goods and services.
Explanation:
Answer:
consumer is someone who uses, consumes goods and/or services. consumer is also someone who is involved in obtaining, consuming, and disposing of products and services, including the decisions that precede and follow up on those actions.
How do early retirement affect on business activity?
Answers
Answer:
Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.
Write the quadratic equation in standard form that corresponds to the graph shown below.
Answers
The quadratic equation of the graph in standard form is y = x² + 2x - 8
What is a quadratic equation in standard form?A quadratic equation in standard form is given by y = ax² + bx + c
Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at
(-4, 0) and(2, 0)The x - intercepts are the roots of the quadratic equation.
So, we have that
x = -4 andx = 2So,
x + 4 = 0 andx - 2 = 0So, the factors of the quadratic equation are
x + 4 andx - 2So, multiplying the factors, we have that the equation is
y = (x + 4)(x - 2)
= x² - 2x + 4x + 4 × (-2)
= x² - 2x + 4x - 8
= x² + 2x - 8
So, the quadratic equation is y = x² + 2x - 8
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Revise the following sentences to avoid confusing jargon, slang, and wordings.
1. If you refer back to our five year plan, you will see that there are provisions for preventing blowing the budget.
Answers
The revised sentence is "If you review our five-year plan, you will notice that there are measures in place to prevent exceeding the budget.
Why is revision of sentences important?Sentence revision is important because it ensures clarity and effective communication.
By avoiding confusing jargon, slang, and wordings, revised sentences are easier to understand by a wider audience.
Clear and concise language helps convey ideas accurately and reduces the risk of misinterpretation or confusion.
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Select the correct answer how many justices must agree to an opinion for the Supreme Court to issue a decision
Answers
A majority of the justices, or five out of the nine on a full Court, must agree. The opinion has been written at this point. This is the court's judgment in writing.
What is the significance of the Supreme Court?In our system of government based on the Constitution, the Supreme Court is incredibly significant.
First and foremost, it acts as the final resort for anyone looking for justice because it is the nation's highest court. Second, it is crucial for ensuring that each arm of government understands the boundaries of its own authority because of its ability to conduct judicial reviews.
Third, it defends civil liberties and rights by overturning unconstitutional legislation. Finally, it establishes reasonable boundaries for democratic government by preventing popular majorities from passing legislation that discriminates against or unfairly benefits unpopular minorities.
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Explain how utility could be used in a decision where performance is not measured by monetary value
Answers
Utility can be applied in decision-making situations where performance is not solely measured by monetary value.
Utility is a concept that can be used in decision-making scenarios where performance or outcomes are not solely measured by monetary value.
Utility refers to the satisfaction, well-being, or value that an individual derives from a particular outcome or alternative. It provides a framework for decision-makers to consider non-monetary factors and subjective preferences.
In situations where performance is not easily quantifiable in monetary terms, utility can be used to assign subjective values or preferences to different outcomes. Decision-makers can assess the potential utility or satisfaction associated with each alternative and choose the option that maximizes overall utility.
For example, let's consider a decision regarding the selection of a vacation destination. The performance in this case is not directly measured by monetary value, but rather by the level of enjoyment and personal preferences.
Utility theory can be applied by evaluating the potential utility associated with each destination based on factors such as climate, cultural experiences, outdoor activities, and personal interests. Decision-makers can assign subjective values or rankings to these factors and consider their individual utility weights.
By considering utility, decision-makers can make choices that align with their personal preferences and maximize their overall satisfaction or well-being. They may prioritize destinations that offer experiences they value the most, even if it comes at a higher cost or involves trade-offs with other factors.
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Consider a simplified situation where you have two credit cards. Credit card 1 has a balance of $1,132 and has a 5% interest rate. Credit card 2 has a balance of $5,273 and a 14% interest rate. What is the best strategy to reduce your debt? (Assume consolidation, balance transfers, and other debt management strategies are not options)
Group of answer choices
Figure out the maximum amount of money you can afford to pay and pay it equally on both cards.
Pay the minimum on both cards.
Pay the minimum on card 1 and as much as possible on cart 2. When card 2 is paid off pay as much as possible on card 1.
Pay the minimum on card 2 and as much as possible on card 1. When card 1 is paid off pay as much as possible on card 2
Answers
Answer:
This is a question about what's often called the "avalanche method" versus the "snowball method" of paying off debt.
The avalanche method involves paying off the debt with the highest interest rate first, which minimizes the total interest you'll pay. The snowball method involves paying off the smallest debt first, which can provide a psychological boost, but may lead to paying more interest overall.
Given the balances and interest rates on these credit cards, you would save the most money by using the avalanche method. This is because Credit Card 2 has a much higher interest rate, and a balance that's also higher than Credit Card 1.
The more interest a balance accrues, the more you ultimately have to pay back. So, it's best to eliminate the highest-interest debt first if you're solely aiming to pay as little as possible in the long run.
Therefore, the best strategy in this case, to reduce your debt in the most cost-effective manner, is to:
"Pay the minimum on card 1 and as much as possible on card 2. When card 2 is paid off, pay as much as possible on card 1."
Note that this advice is focused on minimizing your total payments. There can be psychological benefits to paying off smaller debts first (the "snowball method") because it can feel like you're making more progress. But if you're looking to pay the least amount of money overall, focusing on the debt with the highest interest rate is the way to go.
Alpha Company has sales revenue of $5,000,000, cost of goods sold of $2,000,000, and net income of $750,000. For the last three years, the company has 1,000,000 shares of common stock authorized and 200,000 shares of common stock issued and outstanding. The company does not have any preferred stock. What is basic EPS for Alpha Company
Answers
Answer:
The basic EPS for Alpha Company is $3.75 per share
Explanation:
The earnings per share are the net income for the year divided by the weighted average number of common stock issued and outstanding.
Net income here belongs to only common stockholders since the company has no debt finance nor preferred stock.
the net income is $750,000
The weighted average number of common stock issued and outstanding is 200,000
earnings per share=$750,000/200,000=$3.75 per share
6-18. What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? Why do you think investors put such a high premium on Salesforce.com’s stock?
and
6-17. Why did tech giants like SAP, Oracle, Microsoft, and IBM miss the opportunity to produce a SaaS CRM like Salesforce.com? What might keep large tech companies from identifying potential opportunities like Salesforce.com?
Answers
Answer: yea that it
Explanation:
Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
Answers
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
For more such question on policy visit:
https://brainly.com/question/6583917
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