Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
When will the investment double in value?The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is:
= 3.75%
To double, the formula is:
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
= 18.5 years
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There are more than 7 billion potential customers in 195 countries around the globe. Each country possesses unique materials and skills, and as technology advances, communication barriers are being brought down. Therefore: Multiple choice question. conducting business globally is not an increasing trend there are too many differences to be able to successfully conduct business globally it is important to conduct business globally the United States should shelter itself from competitors
"There are more than 7 billion potential customers in 195 countries around the globe....", therefore, it is important to conduct business globally. Option C. This is further explained below.
What is business?Generally, business is simply defined as a transaction b/w two or more parties to make a profit.
In conclusion, It is critical to do business worldwide because of the "more than 7 billion potential clients in 195 nations throughout the world."
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Answer:it’s important to conduct business
Explanation:
You will have $____ in six years if you set aside $5,000 at 8%. (use the future value tables from chapter 5.)
Answer:
7,934.35
Explanation:
You will have $7,934.35 in six years if you set aside $5,000 at 8% according to the future value tables.
What is the future value table?The future value tables, often known as FV tables, are used to calculate future values without the aid of a financial calculator. They offer the value of the 1 received now at the conclusion of period n at an i% discount.
An approach for estimating an annuity's future value is represented by an annuity table. When a specified interest earnings rate is assumed, the annuity table includes a factor that is relevant to the future value of a series of payments.
For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future. Investors can make wise investment choices based on their projected demands by knowing the future worth.
One way to do this is to use future value, which aids investors in estimating what an asset or investment may be valued in the future.
Future value is influenced by a number of variables, including an asset's current worth, the rate of return investors anticipate, and how far into the future they wish to look.
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a dealership purchased a four-door sedan
How do you become a lawyer
An example of an explicit cost of production would be the a. lease payments for the land on which a firm's factory stands. b. value of the time the business could've spent producing something else. c. cost of forgone labor earnings for an entrepreneur. d. lost opportunity to invest in capital markets when the money is invested in one's business.
An example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.
What is explicit cost?Explicit cost refers to the total expenses, expended towards the production of a product. They are expenses incurred, hence have direct impact on the purchase of factors of production.
Hence, an example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.
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Assess the executive summary of the business plan. This is the part where the company's mission statement and the purpose of the business will be listed. Make sure that the overview of the company is stated clearly.
ASAP 100 POINTS!!!
The executive summary should be concise, clear, and engaging, and should provide a compelling overview of the company and its goals. It should encourage the reader to want to learn more about the business and to continue reading the full business plan.
The executive summary of a business plan is a brief overview of the entire plan and should include the most important information about the company. It should include the mission statement, purpose of the business, and a clear overview of the company. Here are some tips for writing a clear and effective executive summary:
Start with a strong opening statement that captures the reader's attention and sets the tone for the rest of the summary.
Clearly state the purpose of the business and what products or services it will provide.
Include the mission statement, which is a clear and concise statement that describes the company's purpose, goals, and values.
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Selling skills: mastery test
submit test
5
type the correct answer in the box.
identify the approach method in the given scenario.
laura works for a company that sells luxury yachts. laura approaches a customer by offering the keys to a yacht and encouraging them to take it
a
out for a test drive around the marina and out into the harbor. laura has adopted the
approach method.
reset
next
When Laura encourages the buyer to test drive the yacht, she has adopted the Personality Approach Method.
What is the Personality Approach Method?The personality approach method occurs when the seller studies the buyer to determine what will be most suited to their needs.
He studies the buyer and to instill trust, he might encourage them to test the item that they intend to acquire. This is the approach Laura used.
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The new economy a. all of the above. b. moves white collar jobs to countries with cheaper labor. c. shifts demand from physical labor to cognitive abilities. d. moves manufacturing to countries with cheaper labor.
The new economy will move white-collar jobs, shift demand from physical labor and moves manufacturing to countries with cheaper labor. Thus the correct option is A.
What is an economy?An economy is a huge series of connected production and consuming activity that helps determine how limited resources are distributed in an efficient manner.
The new economy will help provide better production options with cheaper labor available in countries and advanced technology utilization. Small firms can also do business with the help of entrepreneurship by bringing innovative ideas to work.
This will bring cultural advancement which helps in hiring people from diversified backgrounds at work and by moving white-collar jobs to countries with cheaper rates. This will help them with opportunities to grow.
Therefore, option A all of the above is the correct answer.
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If there is a greater quantity supplied than the quantity demanded, in other words, an excess supply of a good or service you are most likely dealing with a
An excess supply of a good or service than the quantity demanded then it is most likely dealing with a Economic Surplus.
What is demand?Demand refers to the desire to purchase the commodity along with having the purchasing power. It the willingness to purchase certain price of the commodity at the given period of the time.
In the market, if the supply of the commodity increases then the quantity demanded that situation is called as the Economic surplus. In such case, the prices of the commodity will decrease as their is no demand for the product.
Thus the excessive supply of the commodity can be inferred as the economic surplus.
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In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then __________ are said to exist. Group of answer choices economies of scale constant returns to scale diseconomies of scale diminishing marginal returns
If the inputs are increased by 10 percent and output increases by 20 percent, then economies of scale are said to exist in the long run. Therefore, Option A is the correct statement.
What do you mean by Economies to scale?In microeconomics, economies of scale are the price benefits that organizations acquire because of their scale of operation and are commonly measured through the quantity of output produced.
Therefore, Option A is the correct statement.
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__________are networks of independent companies, suppliers, customers, and manufacturers connected via information technologies so that they can share skills and costs and have access to each other's markets.
The complete statement reads "Virtual organization networks of independent companies, suppliers... " This is further explained below.
What is a virtual organization?Generally, the virtual organization is simply defined as
In conclusion, Using information technology, a virtual organization is a network of independent enterprises, suppliers, consumers and manufacturers that may pool talents and expenses and get access to one other's markets via the sharing of information.
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How many hotdogs are estimated to be eaten per second from memorial day to labor day?.
Answer:
818 hotdogs
Explanation:
Yes, thats the answer :)
13. Equipment that cost $659000 and has accumulated depreciation of $289000 is exchanged for equipment with a fair value of $480000 and $120000 cash is received. The exchange lacked commercial substance. What amount of the gain is to be recognized from the exchange
The amount of gains that are to be considered for exchange of the equipment will be around $46,000.
What are gains?
The excess amount benefitted from a financial transaction are known as gains. Using the information above, the gains will be calculated as:
[tex]\rm Gains= (Fair\ Value+ Cash\ Received) - (Cost- Depreciation\ Value)\\\\\rm Gains=600000-370000\\\\\rm Gains=230000[/tex]
However, the actual realized gains for the exchange of equipments will be as:
[tex]\rm Realizable\ Gains\ = 230000\ x\ \dfrac{120000}{600000}\\\\\rm Realizable\ Gains\ = \$46000[/tex]
Hence, the gains realized from the exchange of equipment will be $46,000.
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It is shree's job to constantly monitor the information on the company website to make sure it is accurate, up-to-date, and relevant to their customers. which of the 7cs of the digital retailing framework is shree concerned with?
Shree is concerned with the connection because it is important to have a proper customer connection with the company in order to development.
What are 7cs?The seven C's of communication are a list of principles for written and spoken communications to ensure that they are effective.
The seven C's are: clarity, correctness, conciseness, connection, concreteness, consideration and completeness.
Digital retailing can help dealers reach a wider set of consumers and create an experience that differentiates their dealership from others.
Thus, connection is the 7cs for which Shree should be concerned.
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What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
A Lorenz curve refers to a graphic illustration of the cumulative share of population on the ________ and the cumulative percentage of total income received on the ________ .
The Lorenz curve refers to a graphic illustration of the cumulative shares of population on the horizontal axis and the cumulative percentage of total income received on the vertical axis.
What is the Lorenz curve?This is a curve that is used to show the wealth distribution that is evident in a population.
It shows wealth by showing the cumulative percentage of income that is existent in the given population.
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The monthly expenses acquired when running a business are called _____. selling expenses business expenses operating expenses purchasing expenses
Answer:
operating expenses
Explanation:
trust
Grunwald elected to report its bonds at fair value. During the current year, the fair value of the bonds increased due to changes in the related credit risk. Grunwald should report the gain:
The way that Grunwald has to report the gain that is made by the fair value would be report it as part of OCI.
What is an OCI from bond?
This is a term that is used to refer to the balance that exists between the net income and also comprehensive income.
A very good example of this income is a bond that is yet to get to its maturity and so has not been redeemed.
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Explain the process that economists use to conduct a cost benefit analysis (cba)for a high speed rail
The economists conduct a cost benefit analysis using financial report of the institution.
What is cost benefit analysis?This is thee analysis that is done by financial managers to help determine the profit made in a business with respect to the cost incurred.
A business is expected bring Profit, hence the analysis helps to know of a business is profitable.
Therefore, The economists conduct a cost benefit analysis using financial report of the institution.
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Unity of ______ results in an effective organization where activities are focused and individuals and groups have one plan of action to guide managers and workers as they use organizational resources.
An organization where the individuals and groups have one plan of action for providing guidance to their managers and employees is considered the unity of direction.
What is management?Management consists of top head officials who regulate and guide the working of the organization and its workforce.
The unity of direction is one of the principles developed by Henry Fayol. It concerns having only one plan and one head for each and every activity performed by the employees in the organization. This could help in preventing the allocation of the same work to two employees, that is, the dual subordination.
Therefore, the function of unity of direction has been highlighted in the provided question.
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The amount of joint costs allocated to product X using the sales value at split-off method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):
The amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.
What are joint costs?In manufacturing industries with multiple products, some joint costs can be incurred for the multiple products.
Under this situation, it is at the split-off point, that the costs can be separately attributed to single products.
Question Completion and Calculations:Product Units Produced Sales Value Sales Value Additional
at Split Off Further Processing Costs
X 6,000 $ 40,000 $ 80,000 $1,200
Y 3,000 15,000 40,000 3,000
Z 1,000 16,000 30,000 1,500
Total 10,000 $ 71,000 $ 170,000 $5,700
Joint production costs for the year were $120,000.
Join costs allocated to Product X = $67,606 ($40,000/$71,000 x $120,000)
Answer Options:A. $25,352.
B. $20,341.
C. $33,687.
D. $67,606.
Thus, the amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.
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The weak form of the efficient market hypothesis implies that:________ a) No one can achieve abnormal returns using market information. b) Insiders, such as specialists and corporate board members, cannot achieve abnormal returns on average. c) Investors cannot achieve abnormal returns, on average, using technical analysis, after adjusting for transaction costs and taxes. d) All of above.
The weak form of the efficient market hypothesis implies that All of above and EMH.
Thus, equities always trade at their fair value on exchanges, according to the EMH, making it impossible for investors to buy undervalued equities or sell them for exorbitant prices.
The only way an investor can earn larger returns is by making riskier bets, as it should be impossible to outperform the market as a whole through excellent stock selection or market timing.
Share prices, according to the efficient market hypothesis (EMH) or theory, accurately reflect all available information. According to the EMH, equities trade on exchanges at their fair market value.
EMH proponents contend that investing in a low-cost, passive portfolio is advantageous for investors. EMH critics contend that equities can diverge from fair market values and that it is feasible to outperform the market.
Thus, The weak form of the efficient market hypothesis implies that All of above and EMH.
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If you were tasked with going into an elementary school and teaching the
students general economics, what would you tell them?
Answer:
That all depends on what they are learning
Explanation:
I would tell them that their world is about to end, and one day they may not be around to see the life that the aliens created.
When delivering 2023 leaf, explain there are three ways to initiate standard and trickle charging. What are they?.
Three ways to initiate standard and trickle charging are Immediate, remote and timer charging
What is charging?Charging is the process of transferring energy or power to a particular energy source.
We have timer charging and remote charging which helps in power transfer.
Therefore, Three ways to initiate standard and trickle charging are timer and remote charging.
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A tool manufacturer is planning to set up a production plant abroad. It has selected five potential countries based on their population size, stage of economic development, labor costs, and access to world markets. Considering the connection between culture and competitive advantage, which country would be the best investment site for this company
The best investment site for this company is Country B, where education is well-developed and social stratification is lacking.
What is competitive advantage?Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business firm (company) to manufacture finished goods or services better and perhaps, cheaper than other rival business firms (companies) in the same industry.
This ultimately implies that, competitive advantage is responsible for putting a business firm (company) in a superior and more favorable position than its rivals.
In this scenario, we can infer and logically conclude that the best investment site for this company is Country B, where education is generally well-developed and social stratification is completely lacking.
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High quality LMX is related to Group of answer choices increased job satisfaction. reduced organizational commitment. higher turnover. effort in building good relationships.
High quality LMX is related to the D. effort in building good relationships.
What is High quality LMX?It should be noted that High quality LMX describes the positive and healthy relationship between the managers and their employees.
Therefore, it can be deduced that a high quality LMX is related to the effort in building good relationships.
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a borrower takes out a 30-year mortgage loan for $250,000 with an interest rate of 5 percent and monthly payments. what portion of the first month's payment would be applied to interest
The interest portion in the first payment is 1041.65 dollars which are calculated by multiplying 250,000 dollars by 0.0041666 rate of interest and the percentage of interest portion is equal to 77.62%.
What is a mortgage loan?A loan mortgage is a secured mortgage that lets you avail finances through imparting an immovable asset, which includes a residence or business property, as collateral to the lender. The lender continues the asset till you pay off the mortgage.
here, the given information -
Monthly payment formula of the mortgage loan:
[tex]Monthly loan payment = P \times\, r\, \times \frac{(1+r)^{n} }{(1+r)^{n} - 1 }[/tex]
P: Principal = $250,000
r is rate= 5%, as it is paid monthly, therefore 5/12% - 0.41666%
n = 30*12 - 360months
[tex]\rm\, Monthly \,loan \,payment = 250,000 \times\, 0.0041666\, \times \frac{(1+0.0041666)^{360} }{(1+0.0041666)^{360} - 1 }\\\\Monthly \,loan \,payment = 1041.65 \times \frac{(1.0041666)^{360} }{(1.0041666)^{360} -1 } \\\\Monthly \,loan \,payment = 1041.65 \times \frac{4.4676}{4.4676 - 1} \\\rm\,\\Monthly \,loan \,payment = \$1342.05[/tex]
Now, the interest portion in the first payment is 0.0041666 * 250,000 = $1041.65
Percentage of interest portion in the first monthly payment:
[tex]\rm\, Percentage \,of \,interest\, portion = \frac{1041.65}{1342.05} \\\\\rm\, Percentage \,of \,interest\, portion = 77.62\%[/tex]
Thus, the interest portion in the first payment is 1041.65 dollars which is calculated by multiplying 250,000 dollars by 0.0041666 rate of interest and the percentage of interest portion is equal to 77.62%.
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What is the effect of wordsworth’s use of the word company in this passage? the word shows that the speaker does not feel lonely when he is surrounded by daffodils. the word suggests that the flowers are united against the speaker. the word emphasizes that the speaker is willing to work hard. the word signals the speaker’s inability to understand the meaning of the daffodils.
The effect of Wordsworth’s use of the word company in this passage is: The word shows that the speaker does not feel lonely when he is surrounded by daffodils.
What is company?Company means to be around people or to be around of people or someone that makes you happy and keep you company.
Wordsworth’s using the word company signifies that the speaker is not lonely whenever daffodils are around him.
Therefore the correct option is A.
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Answer:
A
Explanation:
To what extent does woolworths have over the macro environment
You invested 15,000 at 5% that will mature in 3 years. How much is the proceeds of your investment upon maturity date assuming simple interest will be applied
A simple interest of $2,250 will be earned over an investment of $15,000.
What is simple interest?
The returns or interest accumulated over principal investment during a financial period is known as simple interest. Using above information, the simple interest can be calculated as,
[tex]\rm Simple\ Interest= \dfrac{Principal\ x\ Interest\ Rate\ x\ Period}{100}\\\\\rm Simple\ Interest= \dfrac{15000\ x\ 3\ x\ 5}{100}\\\\\rm Simple\ Interest=\$2250[/tex]
Hence, the calculation of simple interest is given above.
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