Challenging Business Problems with Detailed Answers

phillipe established a revocable living trust naming himself, his spouse, and his two children as income beneficiaries, and his grandchildren as remainder beneficiaries. he funded the trust with $300,000. what is the value of the gift to this trust is:
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a multi-disciplinary, cross-functional, group of people from the government and the contractor, that are collectively responsible for delivering a product or service, and are used in complex development projects for review and decision making, refers to
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a firm has a market value of assets of $50,000. it borrows $10,000 at 5%. if the unlevered cost of equity is 15%, what is the firms cost of equity capital according to mm?
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the market for breakfast cereal contains hundreds of similar products, such as froot loops, corn flakes, and rice krispies, that are considered to be different products by different buyers. this situation violates the perfect competition assumption of:
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mr. cobb, a corn farmer, pays his workers $8 an hour. at his current level of labor use, the marginal product of an additional hour of labor is three bushels of corn. the market price of corn is $2.75. in order to maximize his profits, mr. cobb should:
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suppose that a rare virus infects and kills a significant percentage of the population. assuming that land and labor are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners?
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as executive director of a small not-for-profit, paula pascal has engaged an auditor to assess the cash receipts process for donations. the objective is to obtain recommendations, rather than an opinion or conclusion. this type of engagement is called
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who, among the following, when used to manage subsidiaries, usually brings more cultural flexibility and adaptability to a situation? a. parent-country nationals b. managers with minimal global exposure c. a personal illness d. third-country nationals
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A foreign currency payable arising from an import purchase creates a liability exposure to foreign exchange risk.
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Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A) total assets, total liabilities, and total stockholders equity.
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A product mix is a combination of all the information a producer uses to sell its product to the public.(True False)
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After the execution of the following statement, the variable price will reference the value ________. price = int (68.549) 21) A)69 B)68.54 C) 68 D) 68.55 22)
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which phase in the business cycle is defined as the period of lowest economic activity?
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One restaurant you know of offers a "cash discount" and another charges a "credit card fee." Even though you end up paying the same amount for your meals at both restaurants, you feel like the cash discount is a good deal and that the credit card fee is unjust. This is due to which decision making bias?A. Framing EffectsB. Base Rate BiasC. Misconceptions of chanceD. Misunderstanding Conjunctive Events
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Economists involved in discussions of healthcare, climate change, immigration and other topics have no consensus in how to address them becausea. they revolve around discussions of equality versus environment.b. there are too many correct outcomes and economists are not good at making decisions.c.policies to address these issues involve trade offs for society and influence the efficiency of markets.d.economists have been studying these issues for many years.
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Both a payroll tax and an excise tax on alcoholraise revenue and, respectively, shrink the marketsfor labor and alcohol. Although both have somefunctions in common, governments may havedifferent goals when levying them. What goalsdo you think motivate a payroll tax? What goalsmotivate an alcohol tax?
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The first, and most critical, step in constructing a set of forecasted financial statements is the sales forecast. True or False?
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modern technology has made it possible for individuals who work in traditionally urban jobs, such as stockbrokers, to live in rural areas. what concept is this an example of?
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Taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on Form 1099-DIV generally compute the amount of tax on their income using what?
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in addition to the benefits of human and geographical specialization, what are some side benefits to free trade? multiple select question. it promotes competition. it encourages innovation. it promotes monopolies. it offers consumers a narrow range of product choices.
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you have a portfolio worth $58,500 that has an expected return of 13.1 percent. the portfolio has $16,700 invested in stock o, $24,500 invested in stock p, with the remainder in stock q. the expected return on stock o is 17.9 percent and the expected return on stock p is 11.1 percent. what is the expected return on stock q?
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ryan is in the process of making critical decisions regarding production operations. he has been tasked with deciding to purchase a machine which will replace 7 employees or keep the 7 employees and train them to increase productivity. he needs an answer for the human resources team in two days. what concept is ryan facing?
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in this economic system, there is free labor market and individuals can own property, but the basic need of people, such as
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for a commercial bank, when the average duration of assets exceeds the average duration of liabilities, the duration gap is
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