The local bourbon distillery troy bourbon first charged a premium price of $45 for its product because it thought customers would see it as a luxury item. The distillery employs a price-skimming tactic.
The Consumer Credit Protection Act safeguards customers in what ways?This law forbids discrimination based on sex or marital status, bars wage garnishment, and creates the National Commission on Consumer Finance to look into the consumer finance sector. It also mandates that loan providers explain financial terms to borrowers. Direct financing may also be offered by retailers for the goods they sell. Banks may use loans and mortgages to directly finance purchases. Federal and state statutes largely serve as the legal framework for consumer credit. These regulations both safeguard customers and set standards for the lending sector. The goal of the Uniform Consumer Credit Code (UCCC) is to safeguard consumers in credit transactions and guarantee that sufficient credit is available.
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Assume that the next morning, the bond credit rating changes to A-/A-, and the new yield to maturity becomes 8.2%. What is the price of the bond after this change?
[From the prior problem: Calculate the price of the following corporate bond with a credit rating of BBB+ / Baa+: $1000 par value, 8% semi-annual pay coupon, 8.40% yield to maturity, and 5 years to maturity.}
If the bond credit rating changes to A-/A-, and the new yield to maturity becomes 8.2%, then the price of the bond will be $635.21.
To calculate the price of the bond after the credit rating change, we'll use the updated yield to maturity of 8.2%. The bond details remain the same:
Par value (PV) = $1000
Coupon rate (C) = 8% (semi-annual)
Yield to maturity (YTM) = 8.2% (semi-annual)
Years to maturity (n) = 5 (semi-annual)
To calculate the price of the bond, we can use the present value of the bond's cash flows:
Price = (C / 2) * [1 - (1 / (1 + YTM/2)ⁿ] + PV / (1 + YTM/2)ⁿ
Let's calculate the price of the bond after the credit rating change:
Price = (40 / 2) * [1 - (1 / (1 + 0.082/2)¹⁰)] + 1000 / (1 + 0.082/2)¹⁰
Price = 20 * [1 - (1 / (1.041)¹⁰)] + 1000 / (1.041)¹⁰
Price = 20 * (1 - 0.598799) + 1000 / 1.593848
Price = 20 * 0.401201 + 627.19
Price = 8.02402 + 627.19
Price = $635.21402
Therefore, after the credit rating change, the price of the bond would be approximately $635.21.
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ian gonna need these so here
Answer:
hi
Explanation:
Small scale industries owned and managed by women entrepreneurs have share capital of not less than.
Small scale industries owned and managed by women entrepreneurs typically do not have a fixed minimum requirement for share capital. The amount of share capital needed may vary depending on the nature of the business, industry regulations, and the specific financial requirements of the enterprise.
In many countries, the share capital requirement for small scale industries is not explicitly defined or differentiated based on the gender of the entrepreneur. The share capital is determined by factors such as the scale of operations, the industry in which the business operates, and the specific legal and regulatory frameworks governing small scale enterprises.
Governments and financial institutions often provide support and incentives to encourage women's entrepreneurship, which may include access to funding, grants, and loan schemes. These initiatives aim to reduce financial barriers and promote the growth of women-led businesses. However, the specific share capital requirement would depend on the business plan, funding sources, and the financial needs of the enterprise.
It is important for women entrepreneurs to research and understand the regulatory requirements and financial considerations specific to their country or region. Consulting with business advisors, industry associations, or financial institutions can provide valuable guidance on determining the appropriate share capital for their small scale industries.
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A firm is evaluating an investment proposal, which has an initial investment of $8,000 and discounted cash flows valued at $6,000. the net present value of this investment is:__________
A firm is evaluating an investment proposal, which has an initial investment of $8,000 and discounted cash flows valued at $6,000. the net present value of this investment is -$2,000
* NPV= present value of the project's cash flows minus the initial investment
NPV= 6000-8000.
Investing is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money, and effort.
In finance, the purpose of investment is to make a profit on the money invested. Income consists of realized gains (profits) or losses on the sale of property or investments, appreciation (or depreciation) of unrealized capital, or investment income such as dividends, interest or rental income, or a combination of capital gains and income. may occur. Returns may also include currency gains or losses due to exchange rate fluctuations.
Investors generally expect higher returns from riskier assets. Low-risk investments usually have lower returns as well. Similarly, high risk is associated with high return opportunities.
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at your discount brokerage firm, it costs $8.50 per stock trade. how much money do you need to buy 200 shares of apple (aapl), which trades at $171.54?
The money one would need is $34,316.50 to buy 200 shares of Apple (AAPL) at a cost of $171.54 per share with an $8.50 transaction fee per trade at a discount brokerage firm.
To calculate the total cost of buying 200 shares of Apple (AAPL) at a cost of $8.50 per stock trade, you need to consider the cost per share and the transaction fee.
The cost per share of AAPL is $171.54, and you want to buy 200 shares. Therefore, the cost of the shares alone would be:
Cost per share * Number of shares = $171.54 * 200 = $34,308
In addition to the cost of the shares, you need to account for the transaction fee of $8.50 per trade. Since you are making one trade to buy the 200 shares, the transaction fee would be:
Transaction fee = $8.50
To calculate the total cost, you add the cost of the shares and the transaction fee:
Total cost = Cost of shares + Transaction fee = $34,308 + $8.50 = $34,316.50
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The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines are specifically designed for the transportation of natural gas and have limited uses outside the natural gas industry because of inherent industry regulations. These pipelines exemplify a(n) _____.A. sunk costB. transaction-specific assetC. intangible assetD. greenfield entry
What is influencing the change in cost of garden hoses worldwide ?
A. german economy
B. U.S economy
C. Internet Availability
D. Hose availability
Answer:
D. Hose availability
Explanation:
Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit. The fixed costs are $16,500 per month. What will be the monthly margin of safety (in dollars) if 1,800 units are sold each month
Answer: $ 70,500
Explanation:
Given, Number of units = 1800
Per unit selling price = $85
Total Sales price = (Number of units ) x (Per unit selling price)
= 1800 x $ 85
= $153,000
Variable cost per unit = $68
Total variable cost = 1800 x $68 = $122,400
Contribution Margin = (Sales price ) - (Variable cost)
= $ (153000-122400)
= $30,600
Fixed cost = $16,500 per month
Profit = (Contribution Margin) - (Fixed cost)
= $(30,600-16,500)
= $14,100
PV ratio = (Contribution Margin) ÷ (Total sales) x 100%
= $ (30,600÷153,000)x 100%
=20%
Margin of Safety = (profit) ÷ (PV ratio)
= ($14,100) ÷ (20%)
= ($14,100) ÷ (0.20)
= $ 70,500
Hence, the monthly margin of safety = $ 70,500
Where would you measure angles?
A) Driveline components
B) Bolt
C) Fasteners
D) All of the above
Driveline components (option A) are where I would measure angles.
What is angle measurement?The amount of rotation from point A to point B is described as an angle measurement. It is important to mention that the if the rotation is carried in a clockwise direction, then such an angle is called a positive angle. If the rotation is carried out in the anticlockwise direction. Then such an angle is called a negative angle.
Driveline components are described as the various components in a vehicle that allows the wheels to rotate by transferring power to the wheels from the transmission. Angles are measured in a driveline and the angle is kept within one degree with respect to the other components.
It can be concluded that driveline components (option A) are where I would measure angles.
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The opposite of 'always' is
(i)
(ii) never
ever
(iii) frequent (iv) often
Ans.
the opposite of always is
never ever
Nathan is analyzing the demand for baseball bats that illuminate when they hit something. the managing director of his company has asked him to understand the type of need that exists for such a product. what are the two types of needs that nathan should consider?
nathan should consider the _latent_ and _______ needs that would exist for a self-illuminating baseball bat.
**options for fill in the blank:
(1st one i know is correct i took it before and it was right)
2nd blank options: complete or realized (justifiable was also an option, but i put that before and it was wrong)
Nathan should consider the latent and realized needs that would exist for a self-illuminating baseball bat. Latent needs refer to the needs that customers may not be aware of, but which could be satisfied by a new product.
In this case, customers may not have thought about the need for a baseball bat that illuminates when it hits something, but this feature could make playing baseball at night or in low-light conditions easier and more enjoyable. Realized needs, on the other hand, are the needs that customers are already aware of and actively seeking to satisfy.
In this case, customers may already be looking for ways to improve their performance in low-light conditions, such as by using floodlights or reflective materials. By understanding both latent and realized needs, Nathan can determine the potential market for this product and how it can best be marketed and sold to customers.
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OK I need to think of a name for my business. My business I want to make will have lip gloss,bath bombs, necklaces, rings and other things. I need a girly name but not to girly. Can you share some ideas? Please help I'll give u anything, like a 5 star or something.
Answer:
Halonia
Explanation:
Sounds very unique and different. Very eye catching. Sounds girly but not too girly.
I request you to please give a detailed calculation manually.
Consider an investment that will pay you $3,000 per month for each of the next 3years, and then $5,000 per month in the following 5 years.
a) If your required rate of return on this investment is 18 percent per year, what is the most you would be willing to pay for it?
NOTE: Your cash flow worksheet does NOT incorporate the P/Y setting. Thus, you must use periodic interest rates when calculating the NPV with irregular cashflows
b) Suppose you can purchase this investment for $150,000. What is its net present value? Should you purchase this investment?
To calculate the maximum amount you would be willing to pay for the investment, you need to determine its present value. Since the cash flows are irregular, you can use the Net Present Value (NPV) method.
To calculate the present value, you need to discount each cash flow back to the present using the required rate of return. In this case, the required rate of return is 18% per year.
Using the formula for present value of cash flows, the calculations are as follows:
PV1 = $3,000 / (1 + 0.18)^1 = $2,542.37
PV2 = $3,000 / (1 + 0.18)^2 = $2,150.99
PV3 = $3,000 / (1 + 0.18)^3 = $1,822.45
PV4 = $5,000 / (1 + 0.18)^4 = $3,025.42
PV5 = $5,000 / (1 + 0.18)^5 = $2,566.20
PV6 = $5,000 / (1 + 0.18)^6 = $2,177.97
PV7 = $5,000 / (1 + 0.18)^7 = $1,848.27
PV8 = $5,000 / (1 + 0.18)^8 = $1,568.12
The present value of all the cash flows is calculated by summing up the individual present values:
PV = PV1 + PV2 + PV3 + PV4 + PV5 + PV6 + PV7 + PV8 = $17,701.78
Therefore, the maximum amount you would be willing to pay for the investment is $17,701.78.
To calculate the net present value (NPV), you subtract the initial cost of the investment from the present value of its cash flows.
NPV = Present Value of Cash Flows - Initial Cost
= $17,701.78 - $150,000
= -$132,298.22
Since the NPV is negative (-$132,298.22), it indicates that the investment's present value of cash flows is less than the initial cost. Therefore, based on the NPV, you should not purchase this investment as it would result in a negative net present value.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Offering extrinsic rewards as a motivator fits best with which theory of learning?
Answer: Extrinsic Motivation
Explanation:
Maurice is always on time to meetings and other company events. He has never missed a project deadline, and he is usually the first person people call when they
need help. Which attribute is Maurice displaying?
O Reliability
O Communication
O Problem solving
Teamwork
Answer:
Reliability, because if he is the one everyone calls in need of help than it would be considered reliable.
Answer:
A. Reliability
Explanation:
Its this answer because he is always on time to his meeting so his boos can rely on him. He has never missed a deadline so his clients can rely on him etc.
Corporations are created through a state law filing, and formation is governed through _______.
Corporations are created through a state law filing, and formation is governed through state statutes.
How are corporations governed?The board of directors, which has the support of the shareholders, is responsible for overseeing top management in the organization.
Either a single shareholder or a group of shareholders working together to achieve a common objective can form a corporation. A corporation may be established as either a for-profit or a non-profit organization.
A certificate of incorporation (also known as a charter or articles of incorporation) and a set of bylaws, which specify the process for electing board members, control corporations.
A corporation is a unique corporate entity that exists independently of its owners. It is governed by state-level corporate law and registered with the appropriate state authorities (often the secretary of state). A company has its own rights and obligations because it is a separate legal entity.
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The Morrit Corporation has $450,000 of debt outstanding, and it pays an interest rate of 8% annually. Morrit's annual sales are $3 million, its average tax rate is 25%, and its net profit margin on sales is 7%. If the company does not maintain a TIE ratio of at least 5 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio? Do not round intermediate calculations. Round your answer to two decimal places.
Morrit Corporation's TIE ratio is approximately 5.83, which indicates that the company is able to cover its interest expenses more than five times with its operating income.
The Times Interest Earned (TIE) ratio measures a company's ability to cover its interest expenses with its operating income. To calculate Morrit Corporation's TIE ratio, we first need to determine its operating income, which can be calculated as follows:
Operating Income = Net Profit Margin * Sales
Operating Income = 0.07 * $3,000,000
Operating Income = $210,000
Next, we can calculate the interest expense by multiplying the debt outstanding by the annual interest rate:
Interest Expense = Debt Outstanding * Interest Rate
Interest Expense = $450,000 * 0.08
Interest Expense = $36,000
Finally, we can calculate the TIE ratio by dividing the operating income by the interest expense:
TIE Ratio = Operating Income / Interest Expense
TIE Ratio = $210,000 / $36,000
TIE Ratio ≈ 5.83
Therefore, Morrit Corporation's TIE ratio is approximately 5.83, which indicates that the company is able to cover its interest expenses more than five times with its operating income.
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direct materials used $ 98,000 direct labor used 171,000 predetermined overhead rate (based on direct labor) 155% goods transferred to finished goods 443,000 cost of goods sold
Direct materials are those materials and supplies that are used in the production of a product and are specifically related to that product.
What are direct materials?The tangible components of a product are known as direct material. The direct components for a baker, for instance, would be flour, eggs, yeast, sugar, oil, and water. In cost accounting, where this expense is specifically categorized in various forms of financial analysis, the direct materials concept is applied.Direct materials are included in the total cost of goods produced, which is divided into the cost of goods sold and ending inventory (which are shown on the income statement). Raw materials and subassemblies are both considered direct materials because they are physically present in finished products. But direct materials don't go as far as that.The quantity of scrap and spoilage that is typically encountered during the production of goods is also included in the term "direct materials. If excessive amounts of scrap and spoilage are encountered, they are viewed as production costs rather than as materials that are directly linked to a product.To Learn more About Direct materials refer to:
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Define the word investing!
Thanks!
Answer:
To put money into Bank business property share accept in hope that you will make a profit. To spend money,time or energy on something that you think is good or useful.Explanation:
If you like my answer than please mark me brainliest thanks
distinguish between products tax and production tax
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
shonda's shoes sell for $95 per pair. if shonda must sell a total of 284 pairs of shoes to break-even, and a total of 450 pairs to achieve her target profit, sales dollars needed to earn the target profit equals . multiple choice question. $26,980 $69,730 $42,750
The sales dollars needed to Shonda to earn her target profit is $42,750.
What is her target profit?To find the sales dollars needed for Shonda to earn her target profit, you should multiply the number of pairs she needs to sell (450) by the price per pair ($95). Here's the step-by-step calculation:
Step 1: Determine the number of pairs needed to achieve the target profit, which is 450 pairs.
Step 2: Multiply the number of pairs (450) by the price per pair ($95).
450 pairs × $95 per pair = $42,750
So, the sales dollars needed for Shonda to earn her target profit is $42,750.
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4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?
Answer:
No, this is not ethical.
Explanation:
Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.
A fan base is, in most ways, quite similar to a customer base.
A. False
B. True
What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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From The Secret to Being Creative: The author quotes financial blogger Josh Brown as saying blogging is fundamentally what?
1: about creative and original thought
2: about unique content
3: about intellectual property
4: a derivative form
According to The Secret to Being Creative, the author quotes financial blogger Josh Brown as saying that blogging is fundamentally about creative and original thought. This means that bloggers should strive to create unique and innovative content that reflects their individual perspective and ideas.
Josh Brown's quote suggests that blogging is not simply a derivative form of writing or a means to generate intellectual property, but rather a platform for individuals to express their creativity and share their insights with the world. By emphasizing the importance of original thought in blogging, Brown underscores the value of authenticity and individuality in online communication. Aspiring bloggers should take this advice to heart and focus on developing their own voice and perspective, rather than simply regurgitating information or repeating what others have already said. Ultimately, the most successful bloggers are those who are able to connect with their audience through their unique and creative content, and who are able to inspire and engage others with their ideas and insights.
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an action to compel performance of an agreement is known as...?
An action to compel performance of an agreement is known as specific performance.
It is a legal remedy that requires a party to fulfill its contractual obligations as per the agreement. Specific performance is typically sought when monetary damages would not be sufficient to compensate for the breach of contract, such as in cases involving unique or irreplaceable items, real estate, or services.
For example, if Party A agreed to sell a one-of-a-kind painting to Party B, but Party A refuses to sell the painting after Party B has fulfilled all payment obligations, Party B can seek specific performance to compel Party A to complete the sale.
However, specific performance is not always granted as a remedy, and courts will consider various factors such as the feasibility of performance, the availability of alternative remedies, and any potential harm to the breaching party. It is important to consult with a legal professional to determine if specific performance is a viable option in a particular case.
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The two dollar store has a cost of equity of 10.7 percent, the ytm on the company's bonds is 5.3 percent, and the tax rate is 21 percent. if the company's debt-equity ratio is .42, what is the weighted average cost of capital?
Answer:
First, we need to calculate the cost of debt:
Cost of debt = YTM on bonds * (1 - Tax rate)
Cost of debt = 5.3% * (1 - 0.21)
Cost of debt = 4.187%
Next, we can calculate the cost of equity using the capital asset pricing model (CAPM):
Cost of equity = Risk-free rate + Beta * (Market risk premium)
Assume the risk-free rate is 2.5%, the beta is 1.2, and the market risk premium is 7% (historical average).
Cost of equity = 2.5% + 1.2 * 7%
Cost of equity = 10.9%
Now, we can use the debt-equity ratio and the cost of debt and equity to calculate the weighted average cost of capital (WACC):
WACC = (Equity / Total capital) * Cost of equity + (Debt / Total capital) * Cost of debt * (1 - Tax rate)
Assume the total capital is $100, with $42 of debt and $58 of equity.
WACC = (58/100) * 10.9% + (42/100) * 4.187% * (1 - 0.21)
WACC = 6.305% + 2.274%
WACC = 8.579%
Therefore, the weighted average cost of capital for the Two Dollar Store is 8.579%.
What is service enterprise
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Manuel wants to better manage his money and has started to seriously focus on financial planning. He has looked at his accounts and his other resources. What is the NEXT step Manuel should take in the financial planning process?
Identify his short-term and long-term financial goals.
Identify his potential goals.
Periodically review and revise his financial plan.
Answer: A. Identify his short-term and long-term financial goals.
Explanation:
You're welcome :)
After going over his accounts and resources, Manuel should reflect on his short-term and long-term financing.
What is short and long-term finance?Short period financing methods cast off a mortgage to make a purchase, commonly with a time period of much less than 365 days. Trade credit, commercial bank loans,commercial paper and secured loans.
Long period finance may be described as any economic device with an exceeding one year, consisting of financial institution loans, bonds, leasing, and different sorts of debt finance, public finance instruments.
So from the above declaration, it's clear that short and long-time period financing, is the ideal answer.
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