The law of demand states that price and quantity demanded are inversely related, ceteris paribus.
More about law of demand:
One of the most basic assumptions in economics is the law of demand. It explains how market economies distribute resources and establish the prices of goods and services that we encounter in daily transactions by combining the law of supply.
The quantity wanted is plotted on the x-axis versus the price on the y-axis to create the demand curve. According to the definition of the law of demand, the demand curve slopes downward. According to the law of demand, the quantity bought varies inversely with price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens.
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Using the article: The Hidden Costs and Dangers of the Shortcut (https://www.projectsmart.co.uk/the-hidden-costs-and-dangers-of-the-shortcut.php) discuss the following topics:
Do you agree or disagree that a better adherence to the standards, an analysis of the impacts to the stakeholders and a stronger communication to the parties involved would have avoided the issue described? Briefly, explain your view.
The author concludes the article with the following statement: "in a world enamored with people -just doing it- and -thinking outside the box-, we need folks who still know how to learn the rules, understand why they exist and create a safe environment for all." Do you agree that innovative people cannot be also people that understand, apply and adhere to standards? Why or why not?
Within the story described in the article, which of the fundamental knowledge areas for managing projects (as per the PMBoK categorization) and which of the project life cycle phases do you see as crucial? Explain briefly why.
Better adherence to standards, analysis of stakeholder impacts, and stronger communication could have avoided the issue described in the article. Innovative individuals can understand and adhere to standards while thinking outside the box.
Based on the article "The Hidden Costs and Dangers of the Shortcut," I agree that better adherence to standards, an analysis of the impacts on stakeholders, and stronger communication could have avoided the described issue.
Adhering to standards ensures that established guidelines and best practices are followed, reducing the likelihood of errors and mitigating risks. Analyzing the impacts on stakeholders helps identify potential consequences and allows for the development of appropriate strategies to address their concerns.
Stronger communication among parties involved fosters transparency, ensures shared understanding, and enables timely identification and resolution of issues. By implementing these measures, the project team would have been better equipped to anticipate challenges and proactively address them, thereby avoiding the negative outcomes resulting from shortcuts.
Regarding the concluding statement, I disagree that innovative people cannot also understand, apply, and adhere to standards. Innovation does not necessarily mean disregarding rules or standards; rather, it involves finding creative solutions within the boundaries of existing frameworks.
Innovative individuals can be highly knowledgeable about standards and regulations, which serve as a foundation for their innovative ideas. Understanding and adhering to standards can actually enhance the success of innovative endeavors by providing a framework for managing risks and ensuring safety and compliance.
Therefore, innovative individuals can possess the ability to learn the rules, understand their purpose, and create a safe environment while still thinking outside the box.
Within the story described in the article, the fundamental knowledge areas for managing projects from the PMBoK (Project Management Body of Knowledge) that appear crucial are Risk Management and Communication Management.
Risk Management is essential because the article highlights how shortcuts led to negative consequences, such as increased costs, project delays, and poor quality. Proactively identifying and addressing risks through effective risk management practices would have helped mitigate these issues.
Communication Management is also crucial because the article emphasizes the lack of communication among the parties involved, leading to misunderstandings and conflicts. Improved communication channels and strategies could have facilitated better coordination, alignment of expectations, and timely resolution of issues. As for the project life cycle phases, the Planning and Execution phases seem particularly important in this case.
Thorough planning would have identified the potential risks and the need for adherence to standards, while effective execution would have ensured proper implementation and monitoring to prevent the negative outcomes caused by shortcuts.
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A company reports on the cash basis. During the company's first year of business, it had sales on account of $1,000,000, inventory purchases on account of $400,000, and other expenses of $200,000. At the end of the year, the company had accounts receivable, inventory, and inventory related accounts payable of $100,000, $10,000, and $50,000, respectively. What is the company's cash-basis income for its first year of operations
Based on the information given the company's cash-basis income for its first year of operations is $350,000.
First step
Net sales revenues =Sales - Account receivable
Net sales revenues= $1,000,000 - $100,000
Net sales revenues = $900,000
Second step
Net expenditure on purchases =Inventory purchases - Account payable
Net expenditure on purchases =$400,000 - $50,000
Net expenditure on purchases = $350,000
Third step
Cash-basis income =Net sales revenues - Net purchases expenditure - Other expenses
Cash-basis income= $900,000 - $350,000 - $200,000
Cash-basis income= $350,000
Inconclusion the company's cash-basis income for its first year of operations is $350,000.
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what type of fraudulent activity involves an employee who assists a consumer in fraud?
The type of fraudulent activity that involves an employee who assists a consumer in fraud is known as collusive fraud.
In this type of fraud, an employee of a company colludes with a customer to commit fraudulent activities, such as theft, embezzlement, or unauthorized use of company resources.To prevent collusive fraud, companies should implement strong internal controls and monitoring mechanisms, conduct regular audits, and provide ethics training to employees.
They should also encourage employees to report any suspected fraud or unethical behavior. Collusive fraud is a serious issue that can have significant financial and reputational consequences for companies. It can be difficult to detect, as it involves an employee who is actively participating in the fraudulent activity.
In some cases, collusive fraud may involve multiple employees who are working together to commit the fraud.To prevent collusive fraud, companies should implement strong internal controls and monitoring mechanisms.
This includes segregating duties, conducting regular audits, and implementing fraud detection software. Companies should also provide ethics training to employees, encouraging them to report any suspected fraud or unethical behavior.
Overall, preventing collusive fraud requires a combination of strong internal controls, employee training, and a culture of ethics and transparency. By taking a proactive approach to fraud prevention, companies can protect themselves and their customers from financial losses and reputational damage.
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suppose that a manufacturer can produce a part for $ with a fixed cost of $. alternately, the manufacturer could contract with a supplier in asia to purchase the part at a cost of $, which includes transportation. a. if the anticipated production volume is units, compute the total cost of manufacturing and the total cost of outsourcing. b. what is the best decision?
The total cost of manufacturing = Fixed cost + variable cost per unit * number of units produced
Where fixed cost = $5,000
Variable cost per unit = $10
Number of units produced = 1,200 units
Therefore,
Total cost of manufacturing = $5,000 + $10 * 1,200
= $5,000 + $12,000
= $17,000
The total cost of outsourcing = price per unit * number of units
= $12 *1,200
=$14,400
The best decision is outsourcing as the cost of outsourcing is lower than the cost of manufacturing for the same number of units.
The break-even volume is where the cost of manufacturing will be equal to the cost of outsourcing:
Means
Fixed cost + variable cost per unit * number of units produced = price per unit * number of units
Assume that the break-even volume is X units
Therefore
$5,000 + $10 * X = $12 *X
Or $12 X - $10 X = $5,000
Or X = $5000/$2 = 2,500 units
Therefore the break-even volume is 2,500 units.
If the company’s estimate is less than 2,500 units in that case outsourcing is more economical and if the company’s estimate is more than 2,500 units in that case manufacturing of parts is more economical.
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What are two methods that you might use
to grow and develop your career?
Answer:
Some things you may need are staying focused a good speaking or and a good colloge are just a few thing you may need to grow nad expand your career and good people around you
Explanation:
kads, incorporated has spent $370,000 on research to develop a new computer game. the firm is planning to spend $170,000 on a machine to produce the new game. shipping and installation costs of the machine will be capitalized and depreciated using bonus depreciated; they total $47,000. the machine has an expected life of three years, a $72,000 estimated resale value, and falls under the macrs seven-year class life. revenue from the new game is expected to be $570,000 per year, with costs of $220,000 per year. the firm has a tax rate of 21 percent, has an opportunity cost of capital of 11 percent, and expects net working capital to increase by $85,000 at the beginning of the project. what will the cash flows for this project be?
Based on the information, the total cash flow from asset will be 81157.64.
How to calculate the valueFCF in year 0 will be:
= 217000 + 85000 - 302000
cost of asset = 170000 + 47000 = 217000
Total depreciation = 122105.9
Book value at year 3 =
217000 - 122105.9 = 94894.1
loss on sale = 72000 - 94894.1 = -22894.1
Tax saving due to loss 22894.1 *.40 = 9157.64
Total cash flow from asset = 72000 + 9157.64 = 81157.64
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Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
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which of the three leadership styles described in the textbook is the most effective? support your position.
First-line managers coordinate and supervise the activities of operating employees doing the hands-on work of the organization. First-line managers spend most of their time working and motivating their employees, answering questions, and solving day-to-day problems.
Coordination is a management function that allows different departments and groups to work in sync. Therefore, there is cohesion in behavior between employees, groups and departments. It also brings harmony in carrying out various tasks and activities in order to efficiently achieve organizational goals.
Coordination is mainly to bring together the human and material resources of the organization so that employees do not perform work beyond their purpose. Therefore, fewer resources are wasted, helping organizations to use them optimally.
Coordination skills are important to employers as they demonstrate their ability to manage multiple projects (and possibly people) at once. With strong coordination skills, you can be more organized and contribute to the efficient day-to-day operation of your company.
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Who would best benefit from counseling?
A person with a debt-to-income ratio of 29%
A person with a debt-to-income ratio of 8%
A person with a debt-to-income ratio of 12%
A person with a debt-to-income ratio of 25%
Answer:
It's A. A person with a debt-to-income ratio of 29%
Explanation:
A person with a debt-to-income ratio of 29% would best benefit from counseling. Hence, option A is correct.
What is debt-to-income ratio?People debt-to-income ratio (DTI) evaluates how much of your monthly income is going toward paying down your debts. It specifically refers to the percentage of your gross monthly income that is used to settle debts such as rent, a mortgage, credit cards, and other commitments.
As a general rule, try to keep your total debt to income ratio at or below 43%. As a general rule, aim for a debt-to-income ratio of about 36% or less and no higher than 43%. This is how lenders frequently assess DTI: Excellent DTI of 36% or less. DTI is good at 43%.
The optimal back-end ratio, which takes into account all monthly debts, should not be more than, and the front-end ratio should not exceed, 28 percent.
Thus, option A is correct.
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How many references should you have ready to list if an employer asks for them?
a. 1-3
b. 3-5
c. 5-7
d. 7-9
Answer:
B
Explanation:
Answer:B
Explanation:Just took the quiz
suppose you are an economic adviser to the president, and the economy needs a real gdp increase of $900 billion to reach full-employment equilibrium.If the marginal propensity to consume (MPC) is 0.9 and you are a Keynesian, Congress must increase government spending by $____ billion to restore the economy to full employment. Consider an economy that is operating at the full-employment level of real GDP with MPC 0.7 The short-run effect on equilibrium real GDP of a $50 billion increase in government spending (G), balanced by a $50 billion increase in taxes, is a $____ in real GDP.
To restore the economy to full employment, where the desired increase in real GDP is $900 billion and the MPC is 0.9, we can use the Keynesian spending multiplier formula: ΔY = (1 / (1 - MPC)) * ΔG
ΔY represents the change in real GDP, ΔG represents the change in government spending, and MPC represents the marginal propensity to consume.
Plugging in the values, we can solve for ΔG:
$900 billion = (1 / (1 - 0.9)) * ΔG
ΔG = $900 billion * (1 - 0.9)
ΔG = $900 billion * 10
ΔG = $9,000 billion
Therefore, Congress must increase government spending by $9,000 billion (or $9 trillion) to restore the economy to full employment.
For the second question, when the economy is already operating at full employment with an MPC of 0.7, the short-run effect of a $50 billion increase in government spending (G) balanced by a $50 billion increase in taxes is calculated as follows: ΔY = (1 / (1 - MPC)) * ΔG
ΔY = (1 / (1 - 0.7)) * $50 billion
ΔY = (1 / 0.3) * $50 billion
ΔY = 3.33 * $50 billion
ΔY = $166.7 billion
Therefore, the short-run effect on equilibrium real GDP of a $50 billion increase in government spending balanced by a $50 billion increase in taxes is an increase of $166.7 billion in real GDP.
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7. describe a time when you had to juggle multiple projects or customers at the same time. how did you organize your time? what was the result?
Managing multiple projects and customers simultaneously can be a challenging task that requires a great deal of organization and planning. To ensure that all projects are completed on time and to a high standard, it is important to develop a daily schedule that includes a list of tasks for each project and customer.
The first step in developing this schedule is to prioritize each project and customer based on their level of importance and urgency. This will help to ensure that the most critical projects and customers receive the necessary amount of attention and resources.
Next, it is important to create a detailed list of tasks for each project and customer, including deadlines, milestones, and deliverables. This list should be organized in a logical and prioritized order, based on the overall timeline and goals of each project.
Once the task list is complete, it is important to allocate specific blocks of time each day to work on each project and customer. This will help to ensure that each project is given the necessary attention and resources, while also avoiding conflicts and overlapping deadlines.
By following a daily schedule that includes a list of tasks for each project and customer, I was able to effectively manage multiple projects simultaneously. This allowed me to meet all deadlines, ensure that each project received the highest quality work, and maintain positive customer relations.
Overall, effective time management and organization are essential for managing multiple projects and customers successfully.
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What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.
universal containers wants sales reps to process credit card payments when an opportunity is closed won. which approach should the system administrator use to enable this feature?
Universal containers wants sales reps to process credit card payments when an opportunity is closed won. The approach should the system administrator use to enable this feature which is install an AppExchange credit card payment package.
A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt.
The universal containers wants sales with the approach install an AppExchange credit card payment package.
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To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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FILL IN THE BLANK. __________ work best for communities that include seasoned practitioners and professionals who are willing and able to share their expertise.
LinkedIn Groups work best for communities that include seasoned practitioners and professionals who are willing and able to share their expertise. Thus option D is correct.
What are LinkedIn Groups?LinkedIn Groups give individuals in a given field or with comparable passions a place to exchange knowledge and experiences, get advice, and forge meaningful relationships.
For professionals looking to establish a more personal connection with potential business partners and workers, a LinkedIn personal profile is the best choice. A person might describe their talents and achievements in their LinkedIn personal profile.
Therefore, option D is appropriate.
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work best for communities that include seasoned practitioners and professionals who are willing and able to share their expertise.
answer choices
Tcards
Branded hashtags
Self-promotional posts
LinkedIn groups
22.the project cost management knowledge area maps to which process group through the activities of estimating costs and budget determination?
The project cost management knowledge area maps to the planning process group through the activities of estimating cost and budget determination.
Project cost management is the process of estimating, budgeting, and controlling costs throughout a project. The objective is to keep the project's expenditures within budget until it's completed.
There are five types of cost in project cost management:
Direct cost, is cost that is linked to the work project directly.Indirect cost, is the cost that is not linked to the work project directly but is the cost of doing the overall business.Fixed cost, is the cost of every stuff that's a one-time charge.Variable cost, is cost of stuffs that changes with the length of project.Sunk cost, is cost that have already been incurred.Learn more about budgeting at https://brainly.com/question/24940564
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Dorian owns a farm and sells potatoes to local restaurants and grocery stores. which phrase describes this information about dorian's business?
Dorian owns a farm and sells potatoes to local restaurants and grocery stores. The phrase describes this information about Dorian's business is supplier in the factor market.
Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market."
The factors of production include raw materials, land, labor, and capital as they are what are required to meet these needs.
The input market is another name for the factor market.
By this definition, all markets fall into one of two categories: those that provide businesses with the resources they require, or those that provide consumers with the goods and services they need to make purchases.
Hence, the phrase describes this information about Dorian's business is a supplier in the factor market. As Dorian's business is to farm and sell potatoes to other businesses which use these as raw materials.
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4. Identify three factors that can lead to conflict in a hospitality environment
Conflicts in hospitality environments can arise due to various factors, but some common factors include communication breakdowns, personality clashes, and workload imbalances.
Poor communication can lead to misunderstandings between staff members and with customers, which can result in conflicts. Personality clashes can arise when different personalities or work styles do not mesh well together, leading to friction and tension among employees. Workload imbalances can lead to feelings of resentment and unfairness, especially if some employees feel like they are doing more work than others without proper recognition or compensation.
Hospitality environments require effective communication, collaboration, and a positive work culture to prevent and address conflicts in a timely and respectful manner.
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The goal of _____ analysis is determining what is responsible for the difference between employees’ current and expected levels of performance.
The goal of gap analysis is determining what is responsible for the difference between employees’ current and expected levels of performance.
A gap analysis is a process which allows different organizations to determine how to acheive their business goals in the best possible way. It compares the current state with an ideal state or goals of the organization, which highlights the shortcomings and opportunities for improvement.
Many tools are in existence which helps you in bridging the gap between two . Whichever tool will be chosen by you, visualize and document each step of your gap analysis to keep the organization moving forward.
SWOT analysis is an example of tool used for the gap analysis.
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if a tenant assigns their lease to a new tenant, who is responsible for maintaining the lease...?
The new tenant is the one who is responsible for maintaining the lease after a tenant assigns their lease to a new tenant.
If a tenant assigns their lease to a new tenant, the new tenant is responsible for maintaining the lease. This means that the new tenant will have to abide by the terms of the lease and make sure that they are following all of the rules and regulations set forth in the lease agreement. The new tenant will also be responsible for paying the rent and any other fees associated with the lease. It is important to note that if the new tenant fails to meet their responsibilities, the original tenant may still be held liable for any damages or unpaid rent. Therefore, it is important for the original tenant to carefully choose a new tenant and make sure that they are capable of fulfilling their responsibilities under the lease.
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A central bank would like to increase the money supply in the country. It
achieves this by buying treasury securities from investors who had purchased
them earlier. Investors who sell their securities now have more money on
hand to invest in businesses.
This action best illustrates the central bank's use of which tool of monetary
policy?
A. Open market operations
B. Reserve requirements
C. Discount rate
D. Interest on reserves
Answer:
A) Open Market Operations
Explanation:
I just got it right
Open market operations action is best illustrates the central bank's use of which tool of monetary policy. Thus, option (a) is correct.
What is investors?
Anyone who makes investments in a business, organization, or piece of real estate is referred to as a “investor.” Shares of corporations, bonds, and debentures are frequently bought by investors.
A central bank implements monetary policies by expanding the money supply through open market transactions. They affect central bank reserve balances and moderate changes to regularly occurring interest rates.
Therefore, option (a) open market operations is correct.
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Swansea Finishing produces and sells a decorative pillow for $103.00 per unit. In the first month of operation, 2,300 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for thee month includes Variable manufacturing costs $23.00 per unit
Variable marketing costs $8.00 per unit Fixed manufacturing costs $14 per unit Administrative expenses, all fixed $20.00 per unit Ending inventories: Direct materials-0- WIP -0-
Finished goods 500 units What is cost of goods sold per unit using variable costing? A. $31.00 B. $45.00 C. $23.00 D. $65.00
The given data is:Produced units: 2,300Sold units: 1,800Cost of producing one unit (Variable manufacturing cost): $23Selling price per unit: $103 Variable manufacturing costs per unit $23
Variable marketing costs per unit $8Fixed manufacturing costs per unit $14Administrative expenses, all fixed per unit $20Ending inventories: Direct materials 0, WIP 0, Finished goods 500 unitsCost of goods sold using variable costing:The total variable cost is:Variable manufacturing cost per unit × Number of units= $23 × 1,800= $41,400
Variable marketing cost per unit × Number of units= $8 × 1,800= $14,400The total cost of goods sold using variable costing is:Total variable cost + Fixed manufacturing cost per unit × Number of units= $41,400 + ($14 × 1,800)= $41,400 + $25,200= $66,600The cost of goods sold per unit using variable costing:Total cost of goods sold / Units sold= $66,600 / 1,800= $37Therefore, the cost of goods sold per unit using variable costing is $37 (option C).
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You would like to be holding a protective put position on the stock of Avalon Corporation to lock in a guaranteed minimum value of $50 at year-end. Avalon currently sells for $50. Over the next year, the stock price will increase by 10% or decrease by 10%. The T-bill rate is 5%. Unfortunately, no put options are traded on Avalon Co. Suppose the desired put options with X=50 were traded. How much would it cost to purchase? A. $1.19 B.$2.38 C.$5 D.$3.33 Show steps.
Since no put options are traded on Avalon Corporation, we need to assume that put options with X=50 are traded. To calculate the cost of purchasing this put option, we can use the put-call parity formula: C - P = S - PV(X)
Where C is the call option price, P is the put option price, S is the stock price, X is the strike price, and PV(X) is the present value of the strike price.
We know that we want to purchase a put option with X=50, and we want to lock in a guaranteed minimum value of $50 at year-end. This means that we want the put option to be worth at least $50 at year-end, so we can set P = 50.
We also know that the stock price of Avalon Corporation is currently $50, and it will either increase by 10% or decrease by 10% over the next year. So we can calculate the two possible stock prices at year-end:
If the stock price increases by 10%, it will be worth $55.
If the stock price decreases by 10%, it will be worth $45.
We also know that the T-bill rate is 5%, so we can calculate the present value of the strike price as:
PV(50) = 50 / (1 + 0.05) = 47.62
Now we can use the put-call parity formula to solve for C, the call option price:
C - 50 = 50 - 47.62
C = 50 + 50 - 47.62
C = 52.38
So the cost of purchasing the desired put option with X=50 would be: C - P = 52.38 - 50 = $2.38
Therefore, the answer is B. $2.38.
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The answer is B. $2.38. Since there are no put options traded on Avalon Co, we need to determine the cost of replicating the protective put using other financial instruments.
One way to do this is to use a combination of a long position in the stock and a long position in a risk-free bond, such that the payoff of the portfolio is equivalent to that of a protective put.
We can construct a portfolio with the following components:
Long 1 share of Avalon stock
Long 1 put option with a strike price of $50
Invest the present value of the strike price (PV = X/(1+r)^T) in a risk-free bond, where r is the risk-free rate and T is the time to expiration of the option.
The present value of the strike price is:
PV = X/(1+r)^T = 50/(1+0.05)^1 = 47.62
If the stock price increases by 10%, the value of the stock will be $55, and the put option will expire worthless. The portfolio value will be:
Portfolio value = stock value + put option value + bond value
Portfolio value = $55 + $0 + $47.62 = $102.62
If the stock price decreases by 10%, the value of the stock will be $45, and the put option will be exercised, giving a payoff of $5. The portfolio value will be:
Portfolio value = stock value + put option value + bond value
Portfolio value = $45 + $5 + $47.62 = $97.62
We want the portfolio value to be at least $50 at year-end, so we need to solve for the price of the put option that would give us a portfolio value of $50 when the stock price decreases by 10%.
$50 = $45 + Put price + $47.62
Put price = $2.38
Therefore, to replicate the protective put, we would need to purchase a put option with a strike price of $50 for $2.38.
The answer is B. $2.38.
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Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?
The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.
The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.
Break-even quantity = fixed cost / contribution per unit
Where contribution per unit = states per unit - variable cost per unit.
Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.
The fixed cost is 103500
Break-even quantity = fixed cost / contribution per unit
= 103500/200 -140
= 10350/ 60
= 1725 units
And, the break-even revenue ig = $(1725 x 200) = $345000.
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Directions and Analysis
Task 1: Researching Emerging Technologies
Conduct online research and choose three emerging technologies that have the potential to
affect businesses positively.
Task 2: You have already identified three emerging technologies that have the potential to affect businesses. In this task, you will conduct research to learn about the uses and potential benefits of these technologies
Task 3: Conduct online research to learn about the lifestyle of emerging technologies. Provide a brief explanation of the generalized lifecycle of emerging technologies. Also, comment on the phase where the technology you have chosen lies.
Answer:
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Which is a benefit of entrepreneurship?
A. Doing what you love
B. Easy to start a business
C. Safety nets in case you fail
D. Getting help from others
Answer:
A. Doing what you love.
Explanation:
It's not easy to start a business, most times you don't have a safety net to fall back on, and you don't typically get help from others. From process of elimination, that leaves A! Also, doing what you love is one of the best things about entrepreneurship! Hope this helped!
2.
Based on the text, how might the Georgia colony best help the British economy?
A. Settlers would have to buy land from the government.
B. British merchants could sell products sent by the colony.
C. People traveling to the colony would have to pay to live there.
D. The colonists would have to pay taxes to the British government.
To best help the British economy, the Georgia colony could contribute in various ways.
Firstly, the settlers would have to buy land from the government (option A), generating revenue for the British authorities. Additionally, British merchants could benefit by selling products sent by the colony (option B), providing a market for British goods and boosting trade.
Furthermore, people traveling to the colony would have to pay to live there (option C), creating additional income for the British economy. Lastly, the colonists would have to pay taxes to the British government (option D), further contributing to the revenue stream and supporting the British economy.
In summary, the Georgia colony could help the British economy by generating revenue through land sales, creating a market for British merchants, charging fees to settlers, and collecting taxes from the colonists. These financial activities would provide economic benefits and support the overall prosperity of the British Empire.
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what legal document transfers the title of real property from one party to another?
A contingency
B counter offer
C inspection report
D deed
Answer:
D deed
Explanation:
Real estate property ownership is recorded and tracked with documents known as the deed or the title deed. The records are in the custody of the County Recorder’s office. Any transfer of property ownership must be accompanied by a change to the official documents to reflect the new owner. The change in name on the deed documents is what signifies the transfer of ownership.
the table below gives information on the cost to produce a certain product. use the information to answer the following questions. producer marginal cost to produce w $20 x $11 y $18 z $26 the price of the good is $19. who will produce the good? the price of the good is $19. find the producer surplus?
The producer X will be producing the good. The producer X will be supplying 0.58 units of the good, and the producer surplus for producer X is $4.64.
Based on the given information, the producer with the lowest marginal cost to produce the good is producer X, with a marginal cost of $11, which is lower than the price of the good ($19).
Therefore, producer X will produce the good.
To calculate the producer surplus, we first need to find the producer's supply curve. Since producer X has a marginal cost of $11, the supply curve for producer X would be:
Q = (MC - FC) / P
Where Q is the quantity supplied, MC is the marginal cost ($11), FC is the fixed cost (assumed to be 0), and P is the price of the good ($19).
Substituting the values, we get:
Q = (11 - 0) / 19
Q = 0.58
Therefore, producer X will supply 0.58 units of the good.
To calculate the producer surplus, we need to find the area between the supply curve and the price line. Since the price of the good is $19 and the marginal cost of producer X is $11, the producer surplus can be calculated as:
Producer Surplus = (Price - MC) x Quantity Supplied
Producer Surplus = (19 - 11) x 0.58
Producer Surplus = $4.64
Therefore, the producer surplus for producer X is $4.64.
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The complete question is :
The table below gives information on the cost to produce a certain product. use the information to answer the following questions. producer marginal cost to produce w $20 x $11 y $18 z $26 the price of the good is $19. who will produce the good? the price of the good is $19. find the producer surplus?
Producer Marginal Cost
W $20
X $11
Y $18
Z $26