The fixed cost is 270,000. The correct answer is option (A).
What is Fixed cost?Any increase or decrease in sales or production quantities has no impact on fixed costs, which are expenses that never change. This is true since they are not directly involved in the process of creating a product or offering a service. Therefore, fixed expenses are viewed as indirect costs.
Direct, indirect, and capital expenses can all be broken down into separate categories on the income statement. These costs may appear as either short-term or long-term liabilities on the balance sheet. Both fixed and variable costs make up a corporation's complete cost structure.
Fixed costs=contribution margin
(900,000)(1.50)(0.20)=270,000
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An outstanding check is one that has been issued but not yet reported on a bank statement by the bank.
a. True
b. False
An outstanding check is one that has been issued but not yet reported on a bank statement by the bank is True.
A pending check is a check that has been written but has not yet been reported to your bank statement by the bank. The bank requires the signature card to be signed by the person authorized to sign. The first document in the electronic transmission is the memorandum.
A check is unpaid if the payee has not cashed or deposited the check. This means that the payer's bank account has no balance and will not show up on the month-end bank statement. Since the check is unpaid, it means that it is a liability to the payer. A drawn check that has not yet been credited to the bank for payment.
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a real estate agent signs a contract with a non-licensed individual. in that contract, the real estate licensee agrees to pay the non-licensed individual $50 for every referred person that signs a listing contract. what type of contract is this?
Void is the type of contract. A void contract is a formal agreement that is effectively illegitimate and unenforceable from the moment it is created
A void contract is a contract that is unenforceable from the moment it is formed. Both invalidity treaties and invalidity treaties are invalid, but invalidity treaties cannot be ratified. In a legal sense, a void contract is treated as if it was never made and is unenforceable in court. For example, a contract between a drug dealer and a buyer is void simply because the terms of the contract are illegal. In such cases, neither party will be able to enforce the contract in court.
A void contract means that neither party can enforce the contract at the time it was made because the contract was never made. Therefore, neither party can assert any rights or enforce any obligations under the contract. A void contract is different from a void contract.
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At year-end (December 31), Chan Company estimates its bad debts as 1% of its annual credit sales of $487,500. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $580 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare Chan's journal entries for the transactions.
Chan Company calculates that as of year's end (December 31), its bad debts were 1% of its $487,500 in annual credit sales. Chan keeps track of its bad debt costs.
What is fiscal period?
Chan records the cost of bad loans for that estimation. Chan makes the decision to close P's $580 account on February 1st of that year. Let's first define what is meant by "bad debt." When a corporation goes to prepare at the end of the fiscal period, this happens occasionally. Chan reports the estimate as a bad debt expense. Chan determines that P. Park's $580 account is uncollectible on February 1 of the following year and writes it off as a bad debt. On June 5, Park pays the sum that had been written off unexpectedly. Create the transactions in Chan's journal entries.
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New classical economists believe that an increase in deficit financing by the government willa. reduce government spending.b. increase consumption. c. reduce future taxes. d. increase savings.
Option D. New classical economists argue that an increase in deficit financing by the government will cause an increase in savings, as households anticipate that taxes will have to be paid in the future to pay off the debt.
The Effects of Deficit Financing on Savings According to New Classical EconomicsOption D. Increase savings.New classical economists believe that an increase in deficit financing by the government will increase savings.
This is because households anticipate that taxes will have to be paid in the future to pay off the debt. As a result, households are likely to save more in order to build a buffer for when the taxes come due.
This increased savings then leads to a lower level of aggregate demand, which in turn can lead to a decrease in inflationary pressures. In addition, if the government is able to borrow at a lower rate than would be available in the private market, an increase in deficit financing can lead to a lower cost of capital, which can stimulate investment and economic growth.
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When all authorized shares of stock have the same rights and characteristics, the stock is called _______ stock.
When all authorized shares of stock have the same rights and characteristics, the stock is called common stock. Common stock is a type of security that denotes ownership in a company.
Common stock holders decide on corporate policies and appoint the board of directors. Long-term rates of return are often higher with this type of stock ownership. The rights of common shareholders to a company's assets in the case of liquidation, however, begin only after preferred shareholders, bondholders, and other debt holders have been fully compensated. In the stockholders' equity section of a firm's balance sheet, common stock is disclosed.
Common stock serves as a residual claim to current and future profits of a corporation. Shareholders are therefore referred to as a company's partial owners. This does not imply that stockholders can enter a firm's offices and assert ownership of some of the chairs, desks, or computers. The firm itself, which is a legal entity, is the owner of these items. Instead, this residual claim belongs to the stockholders. Common stock is traded on securities exchanges and is available for purchase and sale by both investors and traders. Common stock holders may be eligible to earn dividends.
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Which of these describe groups or pairs of projects where you can accept one but not all?Group of answer choicesMutually exclusive.Normal.Independent.Contingent.
Mutually exclusive describe groups or pairs of projects where you can accept one but not all.
What do you mean by project?A project is just a set of activities that must be completed in order to achieve a certain goal. A project may also be described as a collection of inputs and outputs required to achieve a certain objective. Projects can be simple or complex, and they can be managed by a single individual or one hundred.
An unusual project is what?A "amazing concept" is one that differs from any other project for which the application firm has received prior financing from this program by introducing a novel product, service, or procedure.
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when individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained.
When individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained. The calculated test statistic is equal to 4.
How to solve for the test statisticFirst we have to get the expected value. The expected value based on its probability distribution, describes the long-term average level of a random variable.
We have Ei = ∑x/n
x = 150
n = 3
= 150 / 3
= 50
n = 3
Next is the test statistics
We would have to solve for (Oi-Ei) and (Oi-Ei)²
40 - 50 = -10, -10² = 100
60 - 50 = 10, 10² = 100
50 - 50 = 0, 0 ² = 0
Next we have to solve (Oi-Ei)²/Ei
100 / 50 = 2
100 / 50 = 2
0 / 50 = 0
The test statistic = 2 + 2 = 4
Hence we have that the calculated value of the test statistic from the sample is 4.
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When individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained.
Do You Support
Capital Punishment?
Number of
Individuals
Yes 40
No 60
No Opinion 50
We are interested in determining whether or not the opinions of the individuals (as to Yes, No, and No Opinion) are uniformly distributed.
Refer to Exhibit 11-1. The calculated value for the test statistic equals
The management of kunkel company is considering the purchase of a $27,000 machine that would reduce operating costs by $7,000 per year. at the end of the machine’s five-year useful life, it will have zero salvage value. the company’s required rate of return is 12%.
Required:
a. Determine the net present value of the investment in the machine.
b. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
1) The net present value of the investment in the machine is (-1,767).
2) Over the course of the machine's lifetime, there will be an $8000 discrepancy between cash inflows and outflows that hasn't been discounted.
Capital budgeting is a method by which a business determines whether a project is worthwhile. This method assesses the prospective project or investment's profitability. It evaluates the investment's potential profits and hazards. There are various ways to evaluate a project in capital budgeting. Some of the methods include internal rate of return, payback period, and net present value.
1. Calculation of the net present value of the investment:
Year Cash Flows Present Value Present Value
Factor (12%)
(a) (b) (c) (b * c)
0 (-$27000) 1 (-$27000)
1 $7000 0.8929 $6250
2 $7000 0.7972 $5580
3 $7000 0.7118 $4982
4 $7000 0.6355 $4449
5 $7000 0.5674 $3972
NET PRESENT VALUE (-$1767)
As a result, the machine's investment has a net present value of (-1,767).
According to the information provided in the question, the device would save running expenses by $7,000 a year; as a result, it creates an annual cash inflow. The cash flows for each period of the machine's life are multiplied by the value according to the specified discounting factor. The machine's net present value is ($1,767), which is a negative number. As a result, the machine investment plan shouldn't be approved.
2) Over the course of the machine's lifetime, determine the difference between undiscounted cash inflows and cash outflows as follows:
Difference = Undiscounted Cash Inflows - Undiscounted Cash Outflows
Difference = $35000 - $27000
Therefore, the difference = $8,000
Calculation of the undiscounted cash inflows:
Undiscounted Cash Inflows = Cash Inflow during each year * Number of periods (years) of cash inflow
Undiscounted Cash Inflows = 7000 * 5 = $35,000
Therefore, during the course of the machine's lifetime, there will be an $8 000 discrepancy between undiscounted cash inflows and cash outflows.
The period of cash inflows and the cash inflow for each period are multiplied to determine the undiscounted cash inflow. The undiscounted cash outflow, or the machine's acquisition price, has been set at $27,000. By subtracting the cash outflow from the undiscounted cash inflows, the difference between the two is computed.
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Levine's argument about Reconstruction in the excerpt differs from that of Langguth in that Levine argues (Two excerpts end of Reconstruction)
Levine's discussion of the reconstruction in the excerpt differs from Langs' in what Levine claims that Northern Republicans withdrew their support for Reconstruction policies.
What impact did the Laws of Reconstruction have?On March 2, 1867, Congress overruled President Andrew Johnson's veto and passed the four laws known as the Reconstruction Act "outlining what the former Confederate states must do to rejoin the United States". Congress was dominated by Republicans, many of whom wanted to punish Southern secession.
These laws divided the former Confederate states, except Tennessee, into five military districts and established processes for re-entry into the United States.
What is the plan for reconstruction?Reconstruction achievements include the South's first state-funded public school system, fairer tax laws, laws against racial discrimination in public transportation and housing, and an ambitious economic development program ( (including subsidies to railroads and other projects).
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an analyst is interested in assessing both the efficiency and liquidity of spherion plc. the analyst has collected the following data for spherion: fy3 fy2 fy1 days of inventory on hand 32 34 40 days sales outstanding 28 25 23 number of days of payables 40 35 35 28 problems based on this data, what is the analyst least likely to conclude? a. inventory management has contributed to improved liquidity. b. management of payables has contributed to improved liquidity. c. management of receivables has contributed to improved liquidity
Analysts least likely to assess that handling of receivables has enhanced liquidity.
How does liquidity work?The ability of a corporation to convert assets into cash or to get money a loan or cash in the bank—to meet its short-term liabilities or obligations is known as liquidity. How much money, and how quickly, could your company access if it had to settle its debts today
What constitutes a liquid example?Because it is the easiest asset to use, cash is regarded as the most liquid. Money might be in the form of coins, bills, or the balance in a checking or savings account. Cash is highly helpful for paying for urgent necessities and expenditures, such as rent and emergency savings.
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The eu passed a carbon tax on what international commodity (that they ultimately overturned due to its unpopularity)?
Travel international good was subjected to a carbon price that the EU eventually repealed due to public unpopularity.
Finland was the first nation in the world to enact a carbon tax in 1990. Since then, carbon taxes have been implemented in 19 European nations, ranging from less than 1 per metric ton of carbon emissions in Poland and Ukraine to more than 100 in Sweden, Liechtenstein, and Switzerland.
The implementation of carbon pricing is the issue, not the concept as written. Economists contend that for a carbon price to be successful, it must be high enough to make polluters liable for the externalities they cause. Additionally, all economic sources of carbon emissions must be covered.
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a fixed budget, also known as a static budget, has resources allocated on a single estimate of costs. that budget amount ______.
A fixed budget, also known as a static budget, has resources allocated on a single estimate of costs. that budget amount cannot be adjusted over time
A fixed budget is one that does not adjust or flex to account for volume increases or declines. a fixed A fixed budget is one that does not adjust or flex to account for volume increases or declines. A static budget is another name for a fixed budget.
However, there are numerous drawbacks to using a fixed budget. For instance, sales predictions made by management are frequently off. Because it is so difficult to forecast future demand and industry growth, forecasted figures rarely coincide with actual numbers over an extended period of time. Unfortunately, comparisons of performance, capacity, and profits cannot be made between the actual results and the budgeted expectations if the anticipated statistics are not precise enough.
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declining average total cost with increased production is one of the defining characteristics of a natural monopoly question 3 options: true false
True, One of the criteria that distinguishes a natural monopoly is a declining average total cost with greater production. If one company can serve a market more affordably than any combination of two or more enterprises, then that market has a natural monopoly.
A natural monopoly is one in which the largest supplier in the industry, frequently the first supplier in a market, enjoys a significant competitive advantage over potential rivals due to high infrastructure costs and other entry obstacles in relation to the size of the market. A particular industry qualifies as a natural monopoly if the overall cost of one company generating the full output is less than the total cost of two or more companies doing the same. In that situation, it is quite likely that one company (a monopoly) or a small number of businesses (an oligopoly) will emerge and offer all or the majority of the pertinent goods and/or services. This usually happens in sectors where capital costs are high, resulting in significant market-size economies of scale; examples include public utilities like water, electricity, telephones, and mail services. As early as the 19th century, natural monopolies were identified as potential drivers of market failure; John Stuart Mill favored government regulation to make them serve the general welfare.
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a mutual fund that invests in investment-grade corporate debt with maturities between 3 and 10 years is called a(n)
A mutual fund that invests in investment-grade corporate debt with maturities between 3 and 10 years is called a small-cap fund.
A significant amount of the investable corpus of small-cap funds is placed in equity or equity-related securities of small-cap enterprises. Small-cap plans are required by the Securities and Exchange Board of India (SEBI) to invest at least 80% of their total assets in small-cap firms. Additionally, SEBI classifies small-cap businesses as those whose market capitalization ranks them below the 250th position. These are businesses with a market capitalization of fewer than 500 crores of rupees.
It's vital to remember that small-cap funds are very risky. The share prices of small-cap companies can be significantly impacted by even the smallest amount of market volatility. These stocks do, however, have a great potential to provide spectacular gains.
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the analysis, planning, acquisition, handling, and control of the merchandise investments of a retail operation is termed:
The analysis, planning, acquisition, handling, and control of the merchandise investments of a retail operation is termed: merchandise management.
Retail depends on a ton of frameworks to expect and follow through on client interest as well as catch conceivable unconstrained needs too. To do this, the idea of merchandise management is utilized to help meed the requirements of clients as best as could be expected. Merchandise management utilizes an arrangement of classifications and orders to coordinate things available to be purchased in such a manner where organization purchasers and organizers can undoubtedly follow and guess what is well known with clients and what probably won't be.
Sorts of Merchandising
Merchandising is classified into various sorts:
Item - Boosting the acquisition of a solitary item founded on its bundling or show
Retail - Show of items inside an actual store
Advanced - Driving traffic on sites to the items that are wanted
Visual - The general tasteful of a store's presentation as well as how different items will help a customer
Onmichannel - A hybrid of computerized and actual that considers deciding business sector interest
Every one of these kinds has a comparative objective to each other to the extent that selling item, however their procedures can be different in light of the need. In retail merchandising, the need to stress specific items implies that stores should be planned and arranged in a manner where customers will be attracted to specific things in a store. This should be possible by making people walking through, appealing visual shows, and making a need to get going around the item.
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what was one of the primary shortcomings of the classical model of economics that forced economists in the 1930s to devise their own theories?
Classical macroeconomists focused on the long-run effects that monetary policy would have on the aggregate price level, ignoring many of its short-run effects on aggregate output.
What is macroeconomist?Macroeconomics is a department of economics managing performance, structure, behavior, and decision-making of an financial system as a complete. For example, the use of hobby rates, taxes, and authorities spending to adjust an financial system's increase and stability. This consists of regional, national, and international economies. Macroeconomists take a look at historic tendencies with inside the complete financial system and forecast destiny tendencies in regions inclusive of unemployment, inflation, monetary increase, productivity, and investment. Financial Economists take a look at the cash and banking gadget and the outcomes of growing hobby rates. Even eleven though deliver and call for applies to each fields of economics, Macroeconomists is primarily based totally at the tendencies of shoppers and sellers, in which Macroeconomists specializes in the numerous cycles of an financial system, inclusive of quick and long time debt cycle, and enterprise cycles.To learn more about macroeconomist from the given link :
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What are the 5 steps to open a bank account?
The steps to open a bank account are:
Have an identity card or registry of identity.To have a proof of address in the name of the account holder.To have a telephone number.To have an e-mail address.In case of being a foreigner, to have a legible and valid passport.What is a bank account?It is a financial contract that a person or a company has with a bank that is managed virtually or physically, bank accounts are intended to store the financial income of individuals in order to manage them.
It should be noted that a bank account can be opened for current or savings accounts, depending on the person's benefit.
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which calculation helps managers compare an organization's productivity, profitability, and financing mix with other similar entities?
Ratio analysis helps managers compare an organization's productivity, profitability, and financing mix with other similar entities.
What is Ratio analysis?Ratio analysis is the study or analysis of a line items included in the company's financial statements. It may be used to evaluate a number of aspects of a firm, including profitability, liquidity, solvency, and operational effectiveness.
Ratio analysis is the study of several financial data points seen in a company's financial statements. There are primarily five broad categories of ratios, such as liquid assets, solvency ratios, profitability, efficiency ratios, and coverage ratios, which are used to analyze the company's finances and the trend of the company's results over years. These ratios serve as indicators of the performance of the company.
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in the 1990s, the personal computer became more easily available to the average american consumer. which factors played a role in its increased availability?
Microchip technology is one of the main factors that made low-cost personal computers and other devices increasingly accessible to the general people in the 1990s.
The history of the technology industry is one of rapid expansion and decline. Its initial era of rapid expansion covered the years 1990 to 2000, which are commonly referred to as the "dot-com boom" or the "tech bubble."
Over the time, employment in the technology sector sectors soared by 36% nationwide. Over a ten-year period, the average weekly pay for those working in the technology industry quadrupled and increased by 102%. At its height in 2000, slightly over 4% of all private employment was in the technology sector.
Early in 2001, as the tech bubble burst, employment in the industry fell off quickly. For the next four years, there were large net job losses.
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You have a net lease. Your rent is $1,000 per month. Taxes and maintenance total $500 per month. What is your total monthly payment?.
Answer:
1,500
Explanation:
1,000 + 500
an example of codes of environmental conduct that have been developed by and for specific industries include:
Examples of environmental conduct rules created by and for certain sectors include: The principles of the equator in industry.
Industry: a collection of profitable businesses or organizations that create or provide products, services, or income sources. The four main categories of industries in economics are primary, secondary, tertiary, and quaternary; secondary industries are further divided into heavy and light categories. Industries are typically grouped based on the products and services they offer. For instance, all manufacturers who create and sell pizza on the market are included in the pizza industry. It is significant to remember that in order to be considered a member of the pizza industry, a producer must sell the goods they produce on the open market.
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suppose you are deciding whether to spend your tax rebate check on a new laptop or a new smartphone. you are dealing with the concept of
When calculating a tax rebate, the aforementioned notion considers opportunity costs. Opportunity cost is the benefit that was forfeited because a specific alternative wasn't chosen.
Opportunity cost analysis plays a big role in determining a company's capital structure. A firm must pay expenses when issuing both debt and equity capital to compensate lenders and shareholders for the risk of their investments, but each has an opportunity cost as well.
For instance, funds used to settle debts cannot be used to invest in stocks or bonds that have the potential to yield a profit. The company must decide if growing through debt leverage will produce larger profits than it could get through investing.
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an employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.
An employer can not eliminate a fundamental policies on the voluntary termination of the worker’s employment.
These basic rights are proportional to a worker’s duty to make the workplace as comfortable and employee-friendly as possible. These rights safeguard the workers from discrimination based on age, gender, race or religion, protect their interest and entitles them with the right to privacy and fair remuneration.
The employment laws in India lay down several provisions to safeguard the interest of employees, some of which are not applicable to all the employees working in different sectors. For instance, there are no specific laws that governs the rights and obligations of employees / workers working in the private sector.
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If a business decides to act outside of the prevailing ethical norms of that community:_________
1) It risks damage to its reputation and ill will.
2) There really is no risk to businesses since the community really needs the business to survive.
3) It only has to worry about the legal implications of its actions.
4) It takes the chance the law will impose fines against it.
5) There should be no concerns because the business can move to another community if it needs to.
If a business decides to act outside of the prevailing ethical norms of that community It risks damage to its reputation and ill will.
The corporation may risk losing its reputation with the public at large even if the authorities do not penalize it for violating ethical standards. There are times when unethical actions go unpunished because they are legal but unethical.
Business ethics addresses moral quandaries or problematic circumstances that a company may encounter. Corporate ethics often includes a set of rules and practices that promote consumer trust. Minimum wage requirements, restrictions on insider trading, and environmental regulations are only a few examples of business ethics that are partially codified in the law. The corporate ethics of a company, on the other hand, can be significantly impacted by management style, which has effects on the entire business.
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______consists of all the activities concerned with obtaining money and using it effectively.
A zero-based budget is a budget that is continuously updated so that the next 12 months of operations are always budgeted.
a. True
b. False
A zero-based budget is one that is continuously updated to account for the upcoming 12 months of operations. The statement is false.
What Is a Budget Based on Zero?Peter Pyhrr, a former account manager at Texas Instruments, invented zero-based budgeting in the 1960s. Zero-based budgeting, in contrast to traditional budgeting, starts at zero and justifies each spending for a reporting period. Instead of the incremental budget increases observed in standard budgeting, zero-based budgeting starts from fresh and analyzes each individual demand of the business.
What Benefits Can Zero-Based Budgeting Offer?Zero-based budgeting has many benefits as an accounting technique, including targeted operations, decreased expenses, budget flexibility, and strategic execution. Managers become more aware of the top revenue-generating operations when they consider how each dollar is spent.
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alpha corporation, an industrial chemical producer, has been very successful in the industrial chemical market. its research and development team is working on products that will be used in farming. it needs $100 million to expand its production and develop its new products. it has agreed to issue written pledges that it will repay a specified amount of money with interest on a particular day. because it is uncertain it will have sufficient funds available if all of the pledges should become due on the same day, none of the pledges will be paid during the first 15 years. after 15 years, 10 percent of the pledges will mature each year until all of them are retired at the end of the 25th year. what are the pledges?
Based on the given information, the pledges are serial bonds. Thus option D is correct.
What is Research?Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
In the given case, it is explained that alpha corporation promised to make written promises that it will pay back a certain sum with interest on a specific date. because if all of the promises were to fall due at once, it's uncertain that it would have enough money on hand.
A serial bond is a bond measure in which part of the long-term bonds expire on a regular basis until all of the bonds have been redeemed. Less interest will be paid throughout the course of the bonds' lifetimes, which is advantageous to the issuer of a serial bond.
Therefore, option D is correct.
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The missing options are Probably
Term-loan agreements
Registered bonds
Bond indentures
Serial bonds
a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange. a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange. false true
The given statement that a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange is true .
Marketing mix in marketing strategy :
Product, price, location, promotion comes in it. A marketing mix is the set of controllable, tactical marketing tools a company uses to get the desired response in its target market. This includes everything companies can do to influence demand for their products.
includes the following types:
Promotional MixesMedia MixesProductionsSales, Etc.Promotional Mixes are specific combinations of promotional tools that companies use to communicate with their audiences. Promotion mix refers to all decisions related to the promotion of a product or service. Elements of the promotional mix include advertising, promotions, personal sales, and public relations.
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what was the price per pound of december cotton at the end of this trading day? contract high low close chg may, coffee, 37,500 lbs., cents per lb 138.00 135.50 137.15 2.20 dec, cotton, 50,000 lbs., cents per lb 80.59 78.85 80.63 .27
The price per pound of December cotton at the end of this trading day will be: 80.63 .27
Futures are a kind of subordinate agreement to trade a particular product asset or security at a set future date at a set cost. Futures contracts, or just "futures," are traded on futures trades like the CME Gathering and require a money market fund that is supported to trade futures.
A futures contract includes both a purchaser and a vendor, like a choices contract. Not at all like choices, which can become useless at termination, when a futures contract lapses, the purchaser is committed to purchase and get the hidden asset and the vendor of the futures contract is committed to give and convey the fundamental assets.
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what bi tool is used to determine the effect of assembly line worker age and experience on the quality of the finished good?
Microsoft, a renowned provider of software, offers Power BI, one of the most well-liked BI solutions.
What is BI tools used for?Business intelligence (BI) tools are classes of software programs that collect and analyze large amounts of unstructured data from internal and external systems, including books, journals, documents, medical records, pictures, files, emails, videos, and other business sources. Even if there are other programs that offer formulae and pivot tables, Excel is one of the most used BI tools. Its simplified learning curve and welcoming interface are major contributors to its success.Intelligence in sales. The point at which your firm interacts with customers is a crucial application of BI.Visualization. A variety of data analytic tools are used by business intelligence software to evaluate and manage data pertaining to your company's activities.To learn more about Business intelligence refer,
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