Answer: A
Explanation:
the emergence of ride sharing apps like lyft and uber have created gains from trade by
The emergence of ride sharing apps like Lyft and Uber have created gains from trade by introducing new sellers into the market for taxi services and decreasing the price of rides.
Gains from trade can be described as the increase in consumer surplus and producer surplus as a result of lower tariffs when consumers and producers are allowed to trade with less restrictions. Gains from trade occurs as a result of lower trade prices.
Ride sharing apps are apps that allow people to order for rides from their phones using an app. Examples are uber and lyft.
Ride sharing apps has increased the amount of ride options available to users. This has lead to lower prices as ride sharing apps have lowered prices to attract customers.
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A corporation has issued $100 par, 8% cumulative convertible preferred stock, callable at par. The preferred is convertible into 1.4 shares of common stock. Currently, the preferred stock is trading at $102 while the common stock is trading at $75.50. The corporation calls the preferred stock at par plus accrued dividends of $2 per share. If a customer buys 100 preferred shares, converts, and then sells the common stock in the market, the profit is (ignoring commissions):_________
a. tender offer
b. forced conversion
c. advance refunding
d. simultaneous transaction
a. The profit the investor made when he sold the common stock shares in the market is $370.
b. The investor sold the 140 common stock shares through a. tender offer.
A tender offer is made when the investor is approached by another investor in the open market to buy the 140 common stock shares. In this instance, the shares are sold at the prevailing market price.
Data and Calculations:
Par value of cumulative convertible preferred stock = $100
Dividend rate per year = 8%
Current price of preferred stock = $102
Number of shares of preferred stock bought = 100
Total cost of purchase = $10,200 (100 x $102)
Sales price of common stock = $75.50
Number of common stock shares converted = 140 (100 x 1.4)
Sales proceeds from sale of common stock = $10,570 ($75.50 x 140)
Profit made by investor = $370 ($10,570 - $10,200)
Thus, the sale of the common stock shares was not by forced conversion, advance refunding, simultaneous transaction, but by a tender offer.
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For six months, Joel paid the minimum amount due on his credit card bill on time and didn't see his balance rise as a result. Then, he saw the amount owed suddenly jump. What is one possible reason this happened?
A. He was charged a minimum-payment penalty.
B. His interest rate increased.
C. He was charged an overdraft fee.
D. Late fees were added to his bill.
The sudden rise in the credit card bill of Joel would be due to the increase in rates of interest.
Option B is correct.
What is interest rate?
Interest rate is the percentage being charged on the total amount of borrowed funds being taken by the borrower.
Joel 's credit card bill seemingly risen which he wouldn't noticed in spite of being paid the amounts on time. This happens due to rise in rates of interest being levied on the total amount of credit card.
Therefore, the reason being mentioned in Option B is correct.
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3. What are three purchasing activities in businesses?
the erie canal connected industry and consumers in the east with what group?
The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.
The Erie Canal:
Was completed in 1825Connected New York City and the Great Lakes Allowed for goods to be shipped to and from the New York to the Great LakesThe Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.
In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.
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Options for this question include:
a. Southern planters
b. Canadian fur traders
c. Midwestern farmers
d. New England fishers
You have opened a for-profit adult technical school and you want to advertise it to potential students throughout your state.
Which marketing method would be most appropriate?
Question 2 options:
Local Television Ad
Social Media
Email
Distribute Flyers
Answer: Local Television Ad
Explanation: I took the test
The correct option is B. Local Television Ad marketing method would be most appropriate for advertising it to potential students throughout your state.
Why is television the most effective media?Thanks to several mechanisms ensuring the quality of the commercials shown on TV, as opposed to those shown on the Internet or apps, which are not always reviewed, the contents, the messages, and the sponsors that appear there are "safe." TV is the safest media since it reaches a large and varied audience.
As a result of the TV. It continues to be the most successful medium for brand recognition. TV advertising helps establish, develop, and expand brands. Unlike a sponsored post or search result, TV advertising helps firms become well-known and keeps them fresh in your mind for a much longer period of time.
Thus, The best choice is B. The best marketing strategy would be to use local television ads to reach prospective students all around your state.
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Infomercial are _than commercials.
a. longer
b. funnier
C. more entertaining
d. shorter
Answer:
A
because infomercials have information in them so they can't be funnier or more entertaining and shorter wouldn't really make sense so the best choice is longer.
the standard deviation is a better measure of risk than the coefficient of variation if the expected returns of the securities being compared differ significantly.
Answer:
False
Explanation:
All of the following are true of Section II of the Businessowners Coverage Form, except: A Bodily injury coverage does not apply to rendering or failure to render professional services B Includes the cost of defending the insured C A personal injury loss must be committed in the coverage territory during the policy period D Business liability coverage applies to damage to an insured's property or work
All of the following are true of Section II of the Businessowners Coverage Form, except Business liability coverage applies to damage to an insured's property or work. The correct option is D. coverage that safeguards an organization against claims for bodily injury, property damage, or personal injury resulting from the insured's actions or inactions, up to the policy limits.
What does a business owner's policy cover?A business owner's policy, also known as a BOP, offers financial protection to small business owners in the event that their operations are abruptly halted due to a covered loss. This policy safeguards your inventory, buildings, and equipment.
Buildings are commonly included in the properties covered by a BOP. Additionally, the BOP will cover any property owned by the business or by a third party temporarily kept in the company or business owner's care, custody, or control.
Thus, the ideal selection is option D.
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Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000
Answer:
Whats the question
Explanation:
which budgeting approach requires justification for all expenditures
Answer:
i would love to help you but i dont know the answer
Do you believe that employees communication helps on a business?
Answer:
Yea I do cus the more people understand each other the more things go by smoothly, you know there's a saying, ✨communication✨ is the answer
__________________ innovations are new and useful products that change everything, but particularly customer behavior. __________________ innovations are new and useful products that change everything, but particularly customer behavior. Dynamically continuous Discontinuous Continuous Dynamically discontinuous
Answer: Discontinuous
Explanation: I hope this helps
the diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Answer:
adopt
Explanation:
to derive a competitive advantage, firms can properly configure hr practices to drive ________ which leads to ________.
When firms configure it HR practices to drive employees which leads to improved Firm performance, then the firm will derive competitive advantage.
In a firm, the Human personnel is saddled with the responsibility of effectively managing and motivating the employee for purpose of achieving productivity.
Competitive advantage of a firm entails an attribute which enables a company to outperform its competitors such as Increasing customer-base over other firms.
Therefore, when the firm HR drives the employees, productivity will be achieved which will then create an advantage of competition over other firms.
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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
hope it helps
what do you mean by Producer's Equilibrium ?????
Answer:
it is refered to as profit maximization condition
Answer:
it is refered to as profit maximization condition
It's ne Lilly unnie
if firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the ________ gap.
If firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the Performance Gap.
This is because the Performance Gap is a type of gap that arises when there is a difference in the performance of the employees against the employer's expectation.
It is often described as the difference between the current service situation and the intended service situation.
Many things or factors can cause a performance gap; some of the major factors that lead to the performance gap include the following:
Inadequacy of job knowledge. Amending job requirements. Inadequacy of understanding of the role due to improper hiring.Hence, in this case, it is concluded that closing the performance gap can make employees meet and exceed the appropriate service criteria of the firm.
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If the incorporator makes a serious mistake in the process of incorporation the business, such as not filing the articles of incorporation with the secretary of state, the courts may still recognize the corporation as a(n) _______ corporation. Multiple Choice de facto executory implied de jure
A De facto corporation is a term used by courts to show the events in which a business organization that has failed in its effort to be a de jure corporation which is a corporation by law. but it will still be treated as a corporation. The courts may still recognize the corporation as a De facto corporation.
A De facto corporation is simply known as a type of corporation which is organized with beautiful compliance with the requirements of incorporation and allowed to stand and exercise the powers of a corporation until its existence is backed up by the State.It shows that there is an extent of legal recognition of a corporation, even if its articles of incorporation may not have been filed correctly.
Conclusively, A De facto corporation is one where parties who tried to establish it must act in hope and must be running their business as a corporation.
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Which of the following is a characteristic of a service?
A. Can be stored
B. Can be repeated in exactly the same way
C. Mass produced
D. Intangible
Answer:
D.Intangible
Explanation:
Because three characteristics of service are: intangibility, inseparability, variability
The correct answer is D. Intangible. is a characteristic of a service
What are servicesServices are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.
Options A, B, and C are typically characteristics of goods, not services:
A. Services cannot be stored for later use like physical goods.
B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.
C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.
Option D is therefore a service characteristic.
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The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in direct materials. (2) Incurred labor costs as follows: (a) direct, $56,000 and (b) indirect, $13,600. (3) Other manufacturing overhead was $107,000, excluding indirect labor. (4) Transferred 80% of the materials to the manufacturing assembly line. (5) Completed 65% of the Work-in-Process during the year. (6) Sold 85% of the completed goods. (7) There were no beginning inventories. What is the journal entry to record the direct labor costs for the period
The journal entry to record the direct labor costs includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.
Basically, in manufacturing account, the Direct labor cost refers to the wages/salaries that are incurred in order to produce/provide goods or services to customers
In order to record the direct labor costs for a period, the journal entry will includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.
in this question from Number 2, the incurred direct labor costs is $56,000. Therefore, there will be a Debit of 56,000 to Work-In-Process Inventory and Credit of $56,000 to Wages Payable.
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what is the annual interest rate for a 90-day note issued with a face value of $8,000 that will earn interest of $160?
The annual interest rate for this note that would earn the interest of $160 is 8%.
In order to solve this problem, we have to use the interest rate formula
[tex]InterestRate = P*R *T[/tex]
where
P = PrincipalR= RateT = TimeWe divide 90 days by the total days in a year
= 90/365
= 0.2466
Principle * time
= 0.2466 * 8000 = 1972.6
The annual interest rate
= 160/1972.6
= 0.081
= 8%
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what is the relation between Average Revenue and Marginal revenue??
Answer:
hi Kavya di how are you fine or not what are you doing
Explanation:
And in advance Happy Morning and happy chhath Puja
______ economic resources means limited goods and services.
Answer:
Scarce.
Explanation:
Answer:
Scarce
Explanation:
When we say scarce economic resource, as it's name implies it means limited available resources.
NHÀ ĐẤT ĐƯỢC RAO BÁN TRÊN CÁC SÀN GIAO DỊCH BẤT ĐỘNG SẢN LÀ LOẠI HÀNG HOÁ:
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ﾌ乙几乂 卂
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the total cost of an asset less its accumulated depreciation is called
Answer:
Depreciation is called its net cost or carrying amount.
what is the meaning of statistics??
Explanation:
1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.
Answer:
Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.
Explain supply and demand. Provide an example or real life scenario
These are examples of how the law of supply and demand works in the real world. A company sets the price of its product at $10.00. No one wants the product, so the price is lowered to $9.00. Demand for the product increases at the new lower price point and the company begins to make money and a profit.
which term denotes the response of a cost to the change in business activity
Explanation:
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The terms is used to denote the response of a cost to the change in business activity is Cost behavior.
Cost behavior is used as a tool to show or indicate how a cost will alter or chang in total when there is a change in some activity.
There are three types of cost behavior. Cost Behavior Analysis is simply known as the study of how specific cost respond to changes in the level of business activity.
Conclusively, its knowledge will helps management plan operations and decide between alternative courses of action.
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which of the following is not one of the six functional areas of business that sits on a foundation of business law?
Answer:
state and federal taxation
Explanation:
