Business High School

## Answers

**Answer 1**

A provision that allows a **policyowner** to withdraw a policy's cash value **interest** free is a partial surrender.

Another choice is to **withdraw** money from the life insurance policy's cash value element. It's sometimes referred to as a partial **surrender**. A withdrawal, unlike a loan, permanently reduces the death benefit, but unlike loans made under the terms of the policy, there are no interest charges.

Partial resignation/surrender A partial surrender entails taking a portion of the proceeds from a policy by **exchanging** the required number of units for the requested **amount**. When a policy has units in multiple funds, the amount of units taken from each fund is equal.

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## Related Questions

castle tv, incorporated purchased 2,900 monitors on january 5 at a per-unit cost of $231, and another 2,900 units on january 31 at a per-unit cost of $306. in the period from february 1 through year-end, the company sold 5,300 units of this product. at year-end, 500 units remained in inventory. assume that the replacement cost of this monitor at year-end is $290 per unit. using last-in, first-out (lifo) flow assumption and the lower-of-cost-or-market rule, the ending inventory amounts to: multiple choice $268,500. $153,000. $145,000. $115,500.

### Answers

The ending **inventory** amount using the LIFO method and **lower**-of-cost-or-market rule is: - 500 units at $290 per unit = $145,000 The correct answer is $145,000. Option C is correct.

Using the LIFO flow assumption, the cost of goods sold would be calculated as follows: - 2,900 units **purchased** on January 31 at $306 per unit = $887,400 - 2,400 units from the January 5 purchase at $231 per unit (since the most recent purchase is sold first) = $554,400 - 500 units from the January 31 purchase at $306 per unit = $153,000 Total cost of goods sold = $1,594,800 The **lower**-of-cost-or-market rule states that inventory should be valued at the lower of its cost or its replacement cost. At year-end, the replacement cost of the monitors is $290 per unit, which is lower than the LIFO cost of $306 per unit for the 500 units remaining in inventory. Therefore, the ending inventory amount using the LIFO method and lower-of-cost-or-market rule is: - 500 units at $290 per unit = $145,000 The correct answer is $145,000. Using the last-in, first-out (LIFO) flow assumption and the lower-of-cost-or-**market** rule, the ending **inventory** amounts to $145,000. Explanation: Under LIFO, the 500 units remaining in inventory are assumed to be from the first purchase (January 5) at $231 per unit. Therefore, the cost of the ending inventory based on LIFO would be 500 units * $231 = $115,500

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The annual demand for number of items at a business is 10,400. The ordering/setup-costsat the business is 23.8 and the annualized hold ng cost per items is 1.7. Calculate the excess costa store operator would pay ifshe were to order in amount of 1000 every time instead-of at the EOQlevel (you will -have to calculate the EQQ leve and then the inventory costs-for both scenarios). Beord your answer by subtracting the inventorycost for ordering atthe EOQ amount from the inventory cost for ordering 1000 items every time. Please:round your answer to 2-decimals

### Answers

Thus, the store operator would pay an **excess cost **of $172.34 when ordering 1,000 items every time instead of at the EOQ level.

To calculate the excess cost, we first need to determine the **Economic Order Quantity (EOQ)** and then compare the inventory costs at EOQ and ordering 1,000 items each time.

1. Calculate EOQ:

EOQ = √(2DS / H)

where D = annual demand, S = ordering cost, and H = holding cost per item per year

EOQ = √(2 × 10,400 × 23.8 / 1.7) ≈ 617.99 ≈ 618 items

2. Inventory costs at EOQ level:

Total ordering cost = (D / EOQ) × S

Total ordering cost = (10,400 / 618) × 23.8 ≈ $400.65

Total holding cost = (EOQ / 2) × H

Total holding cost = (618 / 2) × 1.7 ≈ $524.53

Total inventory cost at EOQ = Ordering cost + Holding cost

Total inventory cost at EOQ = $400.65 + $524.53 ≈ $925.18

3. **Inventory costs **when ordering 1,000 items each time:

Number of orders per year = D / Order quantity

Number of orders per year = 10,400 / 1,000 ≈ 10.4 orders/year

Total ordering cost = Number of orders × S

Total ordering cost = 10.4 × 23.8 ≈ $247.52

Average inventory = Order quantity / 2

Average inventory = 1,000 / 2 = 500 items

Total holding cost = Average inventory × H

Total holding cost = 500 × 1.7 ≈ $850

Total inventory cost when ordering 1,000 items = Ordering cost + **Holding cost**

Total inventory cost when ordering 1,000 items = $247.52 + $850 ≈ $1,097.52

4. Calculate the excess cost:

Excess cost = Inventory cost for ordering 1,000 items - Inventory cost at EOQ

Excess cost = $1,097.52 - $925.18 ≈ $172.34

The store operator would pay an excess cost of $172.34 when ordering 1,000 items every time instead of at the EOQ level.

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Discuss the Arbitrage Pricing Theory and the Fama-French factorand the "preciseness" of techniques used to calculate cost ofcapital. How does one decide on which technique is best touse?

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Arbitrage Pricing Theory and Fama-French factor are used to calculate **cost **of capital. The precision of the techniques used depends on the specific needs and requirements of the project or investment.

Arbitrage Pricing Theory (APT) is a multi-factor model used to calculate the expected return on an **investment **based on its exposure to various risk factors.

The Fama-French factor, on the other hand, is a three-factor model that includes market risk, size risk, and value risk. The precision of these techniques depends on the accuracy and relevance of the data used and the assumptions made in the calculation.

In deciding which technique is best to use, it is important to consider the specific needs and requirements of the **project **or investment, as well as the availability and quality of the data needed to make the calculations.

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reporters covering news for a radio or television outlet are members of the ____________ media.

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The **reporters** who report news for a radio or television outlet are part of the broadcast media.

The term "media" refers to various means of **communication** used to disseminate information, such as television, radio, newspapers, and the internet. The **broadcast media** specifically refers to the dissemination of information through electronic channels such as radio and television.

Reporters who work for these outlets are responsible for researching, gathering, and presenting news stories to their audience. They may cover a wide range of topics, from politics and economics to entertainment and sports.

The broadcast media plays an important role in informing the public and shaping public opinion, and its influence can be significant in shaping people's perceptions and attitudes toward various issues.

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professionalism includes knowing how to contribute to a larger cause, and includes ________.

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**Professionalism** includes knowing how to contribute to a larger cause, and includes a set of behaviors, attitudes, and values that are essential for success in any workplace.

This includes things like being reliable, punctual, and accountable, as well as being respectful and cooperative with others. **Professionalism** also involves being committed to ongoing learning and **professional development**, as well as demonstrating a high level of competence in one's field of expertise.

Another important aspect of professionalism is the ability to communicate effectively and to work well with others. This includes being able to listen actively, give and receive feedback, and collaborate with others to achieve common goals. Additionally, professionalism involves a commitment to ethical behavior and integrity, including being honest, trustworthy, and respectful of others.

Overall, professionalism is essential for building and maintaining a successful career, as it helps to establish trust and credibility with colleagues, clients, and customers. By embodying these traits, professionals can make a meaningful contribution to their organizations and to society as a whole.

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There are three firms in the chert industry. Their demand curves are linear and are given by the following equations.

Qi= αi–βiPi+ δijPj+ δikPk(i,j,k) = (1,2,3).

You are given the following information about these firms.

Firm 1 Firm 2 Firm 3

Prices 35.997 38.779 35.597

Outputs 319.95 175.599 211.94

Gross Margins .444 .226 .2976

Furthermore, you are given the following diversion ratios:

D12= .25, D21= .20, D13= .25, D31= .40, D23 = .25, D32= .10.

Write down the profit maximization conditions for each firm.

Using these conditions and the other information given to calculate the unknown demand parameters and the marginal costs.

Suppose that Firm 1 and Firm 2 want to merge. You are an analyst at CRAI, a well-known consulting firm. Calculate the UPPI indices for P1and P2. Assume 20% cognizable efficiencies.

Calculate the post-merger equilibrium prices. Again, assume 20% cognizable efficiencies.

### Answers

the **UPPI index** for P1 is:

UPPI1 = (33.385 - 35.997) / 35.997 * 100 = -7.248%

And the UPPI index for P2 is:

UPPI2 = (37.036 - 38.779) / 38.779 * 100 = -4.495%

The **profit maximization **condition for each firm is:

Firm 1: MR1 = MC1

Firm 2: MR2 = MC2

Firm 3: MR3 = MC3

To calculate the demand parameters and** marginal costs,** we need to use the diversion ratios and gross margins. We can write the market demand as:

Q = Q1 + Q2 + Q3

where

Q1 = α1 – β1P1 + 0.25(α2 – β2P2) + 0.25(α3 – β3P3)

Q2 = α2 – β2P2 + 0.20(α1 – β1P1) + 0.25(α3 – β3P3)

Q3 = α3 – β3P3 + 0.40(α1 – β1P1) + 0.10(α2 – β2P2)

We can rewrite this system of equations as:

a1 - b1P1 + 0.25a2 - 0.25b2P2 + 0.25a3 - 0.25b3P3 = Q1

0.20a1 + a2 - 0.20b1P1 - b2P2 + 0.25a3 - 0.25b3P3 = Q2

0.40a1 - 0.40b1P1 + 0.10a2 - 0.10b2P2 + a3 - b3P3 = Q3

We also know that the gross margin for each firm is:

GMi = Pi - MCi

Solving this system of equations and using the given information, we get:

α1 = 393.849

β1 = 0.139

MC1 = 22.145

α2 = 258.125

β2 = 0.117

MC2 = 29.951

α3 = 312.831

β3 = 0.122

MC3 = 25.254

To calculate the UPPI indices for P1 and P2, we need to **calculate **the post-merger HHI index:

HHI = (Q1 + Q2 + Q3[tex])^2[/tex]

= (α1 + α2 - β1P1 - β2P2 + D12(α2 - β2P2) + D13(α3 - β3P3))^2

+ (α3 - β3P3 + D32(α2 - β2P2)[tex])^2[/tex]

We can then calculate the post-merger equilibrium prices as:

P1 = (MC1 + (1-20%)*(P2 - MC2))/ (2-20%*D12)

P2 = (MC2 + (1-20%)*(P1 - MC1))/ (2-20%*D21)

Using the given information, we get:

HHI = 201,566.19

P1 = 33.385

P2 = 37.036

Therefore, the UPPI index for P1 is:

UPPI1 = (33.385 - 35.997) / 35.997 * 100 = -7.248%

And the UPPI index for P2 is:

UPPI2 = (37.036 - 38.779) / 38.779 * 100 = -4.495%

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select all that apply the following 12%, $1,000 notes have varying periods to maturity but all were issued on december 1. which of the following are the correct calculations of interest for these notes on december 31 of this same year? (select all that apply.) multiple select question. a 2-year note's interest equals $1,000 x 12% x 1/12 a 4-month note's interest equals $1,000 x 12% x 1/12 a 3-month note's interest equals $1,000 x 12% x 1/3 a 2-year note's interest equals $1,000 x 12% x 1/24 a 4-month note's interest equals $1,000 x 12% x 1/4 a 3-month note's interest equals $1,000 x 12% x 1/12

### Answers

**Interest** for 2-year note: $100, for 4-month note: $33.33, and for 3-month note: $100, based on principal, rate, and time.

The correct calculations of interest for the given 12%, $1,000 notes issued on December 1 and held until December 31 depend on their respective periods to maturity.

The interest on each note is calculated based on the simple interest formula, which takes into account the principal amount, the interest rate, and the time period for which the money is **borrowed**.

For a 2-year note, the interest for one month would be $1,000 x 12% x 1/12 = $100. Since the note has a maturity period of 24 months, the interest for December 31 of the same year would be $100 x 1 = $100.

For a 4-month note, the interest for one month would be $1,000 x 12% x 1/12 = $100. Since the note has a** maturity period** of 4 months, the interest for December 31 of the same year would be $100 x 1/3 = $33.33.

For a 3-month note, the interest for one month would be $1,000 x 12% x 1/12 = $100. Since the note has a maturity period of 3 months, the interest for December 31 of the same year would be $100 x 1 = $100.

Therefore, the correct calculations of interest for the given notes on December 31 of the same year are:

A 2-year note's interest equals $100

A 4-month note's interest equals $33.33

A 3-month note's interest equals $100

It's important to note that the interest calculation for each note assumes that no payments have been made on the **principal amount **during the period under consideration. If payments have been made, the interest calculation would need to take those into account.

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Step 36 of 40: Cash Budget Formulas 5 Cash Balance, Beginning (1 YOUR TURN: Create formulas that carry over the operating expense names in column A and use VLOOKUP to return the amounts in cells B9:M11. January 2 Cash Balance, Beginning 20,000.00 3 Collections (3 tal.Cash Available YOUR TURN: Create a formula that carries over the collections in cells B3:M3. 7 Inventory Purchases Commissions YOUR TURN: Fill in January December and the word Recap along with your Spreadsheet ID in cell N1 on the Cash Budget worksheet. 10 Utilities 11 Other Operating Budget Cash Budget 36540 - 12000 10 Utilities 11 Other Operating Budget Cash Budget Operating Budget Cash Budget Jan Februar Lanuary 2 Cash Balance, Beginning Collections YOUR TURN: Create formulas that carry over the inventory payments and commissions in cells B7:M8. YOUR TURN: Enter a formula here that references the Minimum Cash Balance from the Inputs worksheet. 6 Less Disbursem*nts 7 Inventory Purchases 8 Commissions 9 Payroll 10 Utilities 11 Other Operating Budget 2 (Cash Balace, Beginning $ 20,000.00 3 Collections 30000 Total Cash Available 6 less Disbursem*nts YOUR TURN: Add a formulas for subtotals and ending balances for columns B:M, as well as beginning balances for columns C:M. Operating Budget Cash Budget Cash Budget dget wed 523 PM Edit View insert Format Tools Data Window Help • Autodiaren s Home Insert Draw Page Layout Formulas Data Review P X Cabr (Body! 11 A A cash flow budget 3 Malte View Comments Share . O 2 . Custom $ % a 11 R13 x f x -SUM[87:812) 11100019.000 2.0 12. 0 1 3 .00 14 dienorts ever disbursem*nts FR

### Answers

The minimum cash balance from the Inputs **worksheet **when creating the formulas. The goal is to create a comprehensive cash flow budget that takes into account all expenses and returns to ensure a balanced budget.

In Step 36 of 40, the task is to create formulas for the **cash budget**. One of the formulas required is to carry over the operating **expense **names from column A and use VLOOKUP to return the amounts in cells B9:M11. Another formula is needed to carry over the collections in cells B3:M3. Additionally, formulas need to be added for subtotals and ending balances for columns B:M, as well as beginning balances for columns C:M. The cash balance, beginning for January is $20,000. The budget also includes expenses such as inventory purchases, commissions, payroll, utilities, and other operating costs. It is important to consider the **minimum cash **balance from the Inputs **worksheet **when creating the formulas. The goal is to create a comprehensive cash flow budget that takes into account all expenses and returns to ensure a balanced budget.

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on january 1, 2024, lizzy's lemonade issues 5%, 20-year bonds with a face amount of $100,000 for $88,443, priced to yield 6%. interest is paid semiannually. what amount of interest expense will be recorded on june 30, 2024, the first interest payment date? (round your final answer to the nearest whole dollar amount.)

### Answers

Rounding this to the nearest whole dollar amount gives us an **interest expense** of $10,203 for the first payment period.

To start, we need to calculate the semiannual coupon payment for Lizzy's Lemonade bonds.

The coupon rate is 5% and the face value is $100,000, so the annual coupon payment is:

$100,000 x 0.05 = $5,000

Since interest is paid semiannually, the semiannual **coupon payment** is:

$5,000 / 2 = $2,500

Next, we need to calculate the effective semiannual interest rate based on the bond's pricing.

The bond was sold for $88,443, which is less than the face value of $100,000.

This means that the bond is priced at a discount.

The **discount **is the difference between the face value and the selling price:

$100,000 - $88,443 = $11,557

To determine the effective **semiannual interest rate**, we divide the discount by the face value and multiply by two (since interest is paid semiannually):

($11,557 / $100,000) x 2 = 0.23114

This means that the effective semiannual interest rate is 23.114%.

However, we need to round this to 6 decimal places and then divide by 2 to get the periodic interest rate:

0.23114 rounded to 6 decimal places is 0.231140, which when divided by 2 is 0.115570.

So the periodic interest rate is 11.557%.

Finally, we can calculate the interest expense for the first payment period, which covers the period from January 1, 2024, to June 30, 2024.

To do this, we multiply the carrying value of the bond (which is the initial selling price of $88,443) by the periodic interest rate:

$88,443 x 0.115570 = $10,202.98

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the continual process of measuring products, services, financials, and business practices against direct competitors or those companies recognized as industry leaders is called: question 7 options: a) iso 9000 b) risk management c) total quality management d) benchmarking e) re-engineering

### Answers

The continual process of measuring products, services, financials, and business practices against direct competitors or those companies recognized as industry leaders are called (D) **benchmarking**.

This involves identifying best practices and areas for improvement in order to achieve better results and maintain a competitive edge.

Benchmarking is a key component of total **quality management,** which is a philosophy of continuous improvement aimed at meeting or exceeding customer expectations.

While ISO 9000 and **risk management **are related concepts, they are not specifically focused on benchmarking.

Re-engineering, on the other hand, involves redesigning business processes to improve efficiency and effectiveness, but does not necessarily involve comparing against other companies in the same industry.

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an item on a form or report object that can be manipulated to modify an object’s appearance is a(n)

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The item on a **form** or report object that can be manipulated to modify an object's appearance is typically called a control.

Controls are **user interface** elements that allow users to interact with objects on a form or report and modify their appearance or behavior. They can be manipulated to change properties such as size, color, font, alignment, and visibility. Examples of controls include text boxes, buttons, checkboxes, radio buttons, and drop-down lists.

**Controls** are an essential component of user-friendly software interfaces, as they allow users to easily and intuitively customize the appearance and behavior of objects. In some contexts, controls may be called widgets, elements, or components.

By providing a range of controls, software developers can create versatile and adaptable interfaces that can be easily customized to meet the needs of different users and use cases.

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the strategy underlying price discrimination is to: question 12 options: reduce per-unit costs by charging higher prices to those with the most elastic demand and lower prices to those with the most inelastic demand. charge higher prices to customers who have better access to substitutes. increase total revenue by charging higher prices to those with the most inelastic demand for the product and lower prices to those with the most elastic demand. charge everyone the same price but limit the quantity they are allowed to buy.

### Answers

The strategy underlying price discrimination is to increase total revenue by charging higher prices to those with the most inelastic demand for the product and lower prices to those with the most **elastic demand**.

The strategy underlying price **discrimination** is to increase total revenue by charging higher prices to those with the most inelastic demand for the product and lower prices to those with the most elastic demand. In other words, businesses aim to maximize profits by charging different prices to different groups of customers, depending on their willingness to pay. By doing so, businesses can capture a greater share of the market and increase their overall revenue.

To implement price discrimination, businesses need to identify the different segments of customers and their willingness to pay. They can then charge higher prices to those with a greater willingness to pay and lower prices to those with a lower willingness to pay.

This can be achieved by offering different product versions or packaging, **bundling products**, offering discounts, or limiting quantity.

One of the key benefits of price discrimination is that it allows businesses to reduce per-unit costs by charging higher prices to those with the most elastic demand and lower prices to those with the most inelastic demand.

This is because those with more inelastic demand are willing to pay more for the same product, allowing the business to charge a premium price and capture a greater share of the market.

Overall, the strategy **underlying price **discrimination is to increase total revenue by charging different prices to different groups of customers based on their willingness to pay. This can be a highly effective way for businesses to capture a greater share of the market and increase their overall profitability.

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this year's bundle of office cleaning products cost $82. the table below shows the same bundle of cleaning products purchased last year. how much did the cost increase this year? cleaning bundle of goods costs last year sponges bleach glass cleaner quantity 40 15 10 price $0.50 $2.00 $2.50

### Answers

The **cost** increase of this year's bundle of office cleaning products compared to last year's is $7.

To calculate the cost increase of this year's bundle of office cleaning products, we first need to find out the total cost of last year's bundle.

We can do this by multiplying the quantity of each cleaning product by its price and then adding up the results:

Total cost last year = (40 sponges x $0.50) + (15 bleach x $2.00) + (10 glass cleaner x $2.50)

Total cost last year = $20 + $30 + $25**Total cost** last year = $75

Therefore, last year's bundle of cleaning **products **cost $75.

Now, to find out the cost increase of this year's bundle, we simply need to subtract last year's cost from this year's cost:

Cost increase = $82 - $75

Cost increase = $7

Therefore, the cost increase of this year's bundle of office cleaning products compared to last year is $7.

In summary, the cost increase of this year's bundle of office cleaning products compared to last year's is $7.

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which contract type puts the most risk on the seller? firm-fixed-price fixed-price-economic-price-adjustment cost reimbursable time and material

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**Cost-reimbursable contracts **put the most risk on the seller, while** fixed-price contracts** put more risk on the buyer. Time and material contracts fall somewhere in between, with some risk on both parties.

-** Firm-Fixed-Price (FFP)**: This type of contract involves a fixed price that is not subject to adjustment based on the seller's actual costs.

-** Fixed-Price-Economic-Price-Adjustment (FPEPA)**: This type of contract involves a fixed price that is adjusted based on changes in certain economic factors, such as inflation or the cost of labor.

- **Cost-Reimbursable:** This type of contract involves the seller being reimbursed for their actual costs, with additional payment for profit or fee.

- **Time and Material (T&M)**: This type of contract involves payment based on the actual hours worked and materials used, with an additional fee for profit or fee.

It is generally agreed that cost-reimbursable contracts carry the most risk for the seller. This is because the seller is responsible for all costs associated with completing the project, and if their costs exceed the agreed-upon budget, they may not receive full reimbursem*nt for their expenses. Additionally, cost-reimbursable contracts require a high level of transparency and documentation to ensure that the seller's costs are reasonable and justified.

In contrast, fixed-price contracts (FFP and FPEPA) put more risk on the buyer, as they are responsible for paying the agreed-upon price regardless of the seller's actual costs. Time and material contracts also put some risk on the buyer, as the final price is dependent on the amount of time and materials used.

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at a monopolist's current output, atc = $10, p = $11, mc = $8 and mr = $7. this firm is realizing:

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At a** monopolist's current output**, the average total cost (ATC) is $10, the price (P) is $11, the marginal cost (MC) is $8, and the marginal revenue (MR) is $7. This firm is realizing economic profits because the price is higher than the ATC. In other words, the monopolist is charging a price that exceeds the cost of producing one more unit.

Moreover, the **marginal revenue** is less than the price, indicating that the monopolist is experiencing diminishing returns. This is because the firm is charging a higher price for each additional unit of output, but the revenue generated from each additional unit sold is decreasing.

Overall, the monopolist is operating in an imperfectly **competitive market**, where it has the power to set prices above the cost of production. This leads to economic inefficiencies such as reduced consumer surplus and decreased output compared to a perfectly competitive market. However, from the monopolist's perspective, this situation is beneficial because it allows them to earn** economic profits** in the short run.

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Master Budget Project Husker Corporation is a manufacturing company that produces one product. The Corporation is working on their 1st quarter budget and needs your help. The master budget will be based on the following information: a. Unit sales for the upcoming year are projected as follows: Jan. 250, Feb. 300, March 300, April 350 and May 275. b. The selling price is $30 per unit. C. Husker Corporation's desired ending inventory for finished goods is 20% of next month's sales. d. Each finished good takes 1/2 hour of direct labor and 3 units of direct materials. Employees are paid $9.50 per hour, and one unit of direct materials costs $2.50. e. At the end of each month, Husker Corp. plans to have 30% of the direct materials needed for the next month's production units. f. Fixed overhead totals $42,000 for the entire year. Of this total, $12,000 represents depreciation. All other fixed expenses are paid for in cash in the month incurred. The fixed overhead rate per unit is $4.50/unit (note this is based on estimates for the entire year). g. Variable overhead is budgeted at $2 per unit produced. All variable overhead expenses are paid for in the month incurred. h. Fixed selling and administrative expenses total $2,400 per year, including $600 depreciation per year. i. Variable selling and administrative expenses are budgeted at $1.50 per unit sold. All selling and administrative expenses are paid for in the month incurred. j. All sales are credit sales. Husker Corp. collects 65% of all sales within the month of the sale and the other 35% is collected in the following month. There are no bad debts. Accounts receivable at year end totaled $2,362.50. k. Husker Corp. buys direct materials on account. Half of the purchases are paid for in the month of acquisition, and the remaining half are paid for in the following month. Accounts payable at the end of last year totaled $1,000.00. I. In March, $2,000 of equipment will be purchased with cash. m. The beginning cash balance at the beginning of the budgeted year is $12,000.

### Answers

The **Master Budget Project **for Husker Corporation is a detailed budget requiring careful consideration of all factors.

The budget is based on projected sales, estimated fixed and variable overhead, sales and administrative expenses, collections and payments, and the beginning **cash balance**. The budget includes the projected sales for each month and the desired ending inventory for finished goods. It also includes labor and material costs, as well as fixed and variable overhead rates.

Additionally, the **budget accounts** for the collection of sales, payments for direct materials, and cash for the purchase of equipment. Finally, the budget includes the beginning cash balance for the upcoming year. All of these items must be taken into consideration in order to create an accurate budget for Husker Corporation.

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if you borrowed $2,200 to purchase some furniture and agreed to make annual payments for three years at an rate of interest of 8% how much would each payment be? as needed, use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

### Answers

After **rounding** to the nearest whole dollar, each **annual payment **would be $853.

To determine the annual payments for a loan of $2,200 at an 8% interest rate over three years, we'll use the annuity formula:

Annual Payment = **Loan Amount *** (Interest Rate / (1 - (1 + Interest Rate)^(-Loan Term)))

First, convert the interest rate to a decimal: 8% = 0.08.

Next, plug in the values into the formula:

Annual Payment = $2,200 * (0.08 / (1 - (1 + 0.08)^(-3)))

Now, calculate the **expression** in the parentheses:

(1 + 0.08)^(-3) = 1.08^(-3) = 0.7938 (rounded to four decimal places)

Then, **subtract** this value from 1:

1 - 0.7938 = 0.2062

Now, divide the **interest rate** by the calculated value:

0.08 / 0.2062 = 0.3879 (rounded to four decimal places)

Finally, multiply this value by the loan amount:

$2,200 * 0.3879 = $853.38

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FILL IN THE BLANK. the overall rate of online credit card fraud is ________ % of all online card transactions.

### Answers

Based on recent studies and data, the overall rate of online **credit card fraud** is approximately 0.7% of all online card transactions.

How many the percentage of online credit card fraud

This **percentage** signifies the growing concern for cybersecurity as more individuals rely on online shopping and **digital payments**.

Financial institutions, merchants, and consumers are continuously implementing safety measures, such as strong authentication methods and fraud detection tools, to combat this issue.

Despite these efforts, it is essential for everyone to stay vigilant and take precautions to protect their personal and **financial** information in order to minimize the risk of becoming a victim of online credit card fraud.

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if an accounting firm wishes to perform audits for publicly traded companies, it must - group of answer choices

### Answers

To perform audits for publicly traded companies, an **accounting** **firm** must obtain a license, maintain independence, hire qualified staff, follow auditing standards, and submit to regulatory oversight.

Assuming a bookkeeping firm wishes to perform reviews for public corporations, it should consent to a few **administrative** necessities. Coming up next are a portion of the key advances that a bookkeeping firm should follow:

Get a permit: The bookkeeping firm should get a permit to rehearse from the pertinent administrative power, for example, the Public **Organization** Bookkeeping Oversight Board (PCAOB) in the US.

Meet autonomy prerequisites: The bookkeeping firm should keep up with freedom from the organizations it reviews. This implies that the firm can't have any monetary or business associations with the organization past the extent of the review.

Enlist qualified staff: The bookkeeping firm should recruit staff who are qualified and experienced in **evaluating** public corporations. This incorporates affirmed public bookkeepers (CPAs) and different experts with pertinent mastery.

Observe reviewing guidelines: The bookkeeping firm should keep the inspecting guidelines set by the administrative power. For instance, in the US, examiners should keep the For the most part Acknowledged Reviewing **Guidelines** (GAAS) and PCAOB norms.

Submit to administrative oversight: The bookkeeping firm should submit to administrative oversight by the pertinent power. This incorporates permitting the administrative power to examine its review work and research any protests or worries about its inspecting rehearses.

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The complete question is:

What are the requirements that an accounting firm must comply with to perform audits for publicly traded companies? List some of the key steps they must follow.

lizabeth wants to buy a used car that costs $1,200. she could get a 3 year personal loan from a bank at a fixed annual interest rate of 9%. she could also get a 3 year loan from a finance company that charges 8.8% compounded annually. which answer correctly compares the total costs of the loan with simple and compound interest?

### Answers

The loan from the **finance company **with compounded interest will have a higher total cost than the loan from the bank with simple interest.

For the bank loan with** simple interest,** the total cost can be calculated using the formula:

Total cost = Principal (1 + (interest rate x loan term))

When we enter the values from the question, we obtain:

Total cost = $1,200 (1 + (0.09 x 3)) = $1,548

For the finance company loan with compounded interest, we need to use the formula:

Total cost = Principal x (1 + (interest rate / n))^(n x loan term)

Total cost = $1,200 x (1 + (0.088 / 1))^(1 x 3) = $1,581.34

To compare the **total costs** of the loans, we need to calculate the total amount paid for each loan option.

1. Bank loan with a simple interest rate of 9%:

Simple interest formula: Interest = Principal × Rate × Time

Interest = $1,200 × 9% × 3 years = $1,200 × 0.09 × 3 = $324

Total cost = Principal + Interest = $1,200 + $324 = $1,524

2. Finance company loan with a compound interest rate of 8.8%:

Compound interest formula: Amount = **Principal** × (1 + Rate)^(Time)

Amount = $1,200 × (1 + 8.8%)^3 = $1,200 × (1 + 0.088)^3 = $1,200 × 1.28808 = $1,545.70

Total cost = Amount = $1,545.70

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linke motors has a beta of 1.30, the t-bill rate is 3.00%, and the t-bond rate is 6.5%. the annual return on the stock market during the past 3 years was 15.00%, but investors expect the annual future stock market return to be 13.50%. based on the sml, what is the firm's required return? do not round your intermediate calculations.

### Answers

Linke Motors' required return is 16.65% based on the CAPM and SML, given a beta of 1.30 and **market return** of 13.50%.

The required return of a stock is the** minimum rate** of return that an investor expects to receive from the stock to compensate for the risks associated with the investment.

One way to estimate the required return is to use the **Capital Asset Pricing Model (CAPM) **and the Security Market Line (SML).

The CAPM states that the required return of a stock is equal to the risk-free rate plus the product of the stock's beta and the equity risk premium (ERP), which is the excess return of the stock market over the risk-free rate. Mathematically, the CAPM equation can be written as:

Required Return = Risk-free rate + Beta x (Market Return - Risk-free rate)

where Beta is the systematic risk of the stock, which measures how much the stock's returns vary with the returns of the overall market.

A beta of 1 means that the stock's returns move in line with the market, while a beta greater than 1 means that the stock is** more volatile** than the market, and a beta less than 1 means that the stock is less volatile than the market.

Using the given data, we can calculate the required return of Linke Motors as follows:

Risk-free rate = 3.00%

Market Return = 13.50%

ERP = Market Return - Risk-free rate = 13.50% - 3.00% = 10.50%

Beta = 1.30

Required Return = 3.00% + 1.30 x (10.50%) = 16.65%

Therefore, the required return of Linke Motors is 16.65%.

This means that investors expect to receive a return of at least 16.65% per year from the stock to compensate for its systematic risk, which is higher than the risk-free rate.

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the p/e ratio: group of answer choices measure the efficiency and productivity of a company using the resources that are available and the returns on sales and investments. shows how much the investors are willing to pay per dollar of earnings. is used to compare a stock's market value to its book value. measures the performance of assets and earnings in relation to common equity.

### Answers

The P/E ratio measures how much **investors** are willing to pay per dollar of a company's earnings.

The P/E ratio, or **price-to-earnings ratio**, is a commonly used financial metric that measures the relationship between a company's stock price and its earnings per share (EPS).

Specifically, the P/E ratio reflects how much investors are willing to pay for each dollar of a company's earnings.

A high P/E ratio typically suggests that investors have high expectations for a company's future earnings growth, while a low P/E ratio may indicate that investors have more **modest expectations** or concerns about the company's future prospects.

Thus, the P/E ratio is often seen as an important indicator of investor sentiment and **market valuation.**

While the P/E ratio can be a useful tool for investors, it should be used in conjunction with other financial metrics and not relied on in isolation.

For example, a company with a high P/E ratio may be overvalued if its earnings growth does not live up to expectations, while a company with a low P/E ratio may be undervalued if its earnings growth potential is underestimated.

Overall, the P/E ratio provides investors with a quick and easy way to assess a company's market value relative to its earnings.

However, it should be used with caution and in conjunction with other financial metrics to gain a more complete understanding of a company's financial health and growth potential.

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in a(n) , producers are price makers and behave strategically when making decisions related to the features, prices, and advertising of their products.

### Answers

In** oligopoly **producers are price makers and behave strategically when making decisions related to the features, prices, and advertising of their products.

What is oligopoly?

An oligopoly can be considered as one of the market structure wheeby in aarticular market or industry there is a strong domination of the small number of large sellers as well as **producers.**

It should be noted that this narket is been considered as one that is characterized by almost **hom*ogeneous products,** nwhich can be basic chemicals or gasoline, howver in this market the Demand curves for industries can be considered to be obviously inelastic.

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Consider the owner of a large tract of undeveloped land that is suitable for recreational use by campers, bikers, hikers, and so on. If the land is left open, users will enter and enjoy a benefit of $3,000, but they may suffer accidents. Specifically, if users enter and take no care, they will suffer expected damages of $2,000, whereas if they enter and take care of $200, they will suffer expected damages of $500. The owner of the land cannot take care to reduce the risk of accidents, but he can fence in the land at a cost of $1,000, which prevents entry altogether.

(a) Calculate the net benefit from each of the following options:

(1) owner fences land;

(2) owner does not fence land, users enter and take no care;

(3) owner does not fence land, users enter and take care. Which is most efficient?

(b) Many states have passed laws that immunize owners of undeveloped land from liability if they open the land for recreational use. What outcome in (a) will result under this rule?

### Answers

Three departments parks and recreation, construction, and staff development had their funding cut by the **grave ****error** town council. The correct answer is (3) owner does not fence land, users enter and take care.

The author's perspective is best revealed by grave error that is to say" is denoted by a colon. To introduce a product or a line of products is one of their **applications**. The colon here introduces the list of departments whose funding has been reduced by the municipal council.

Henrietta is questioned by Sancho and Bolsa about William's **personality** at work; near the end of the scenario, Henrietta realises that William might be buried there. Cellular immunity combats intracellular viruses, whereas humoral immunity combats extracellular viruses. Immunity that is regulated by extracellular fluid-based macromolecules, such as secreted antibodies, complement proteins, or certain **antimicrobial peptides**, is known as humoral immunity. Because it makes use of what are known as humours, which are substances found in bodily fluids, humoral immunity earns its name.

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cameroon corp. manufactures and sells electric staplers for $15.20 each. if 10,000 units were sold in december, and management forecasts 3.2% growth in sales each month, the number of units of electric stapler sales budgeted for march should be:

### Answers

The number of units of** electric stapler sales** budgeted for March should be **approximately** 10,988 units.

Based on the given information, the sales in December were 10,000 units and assuming a 3.2% growth rate each month, we can calculate the number of units of electric stapler sales budgeted for March as follows:

**December sales** = 10,000 units

January sales = 10,000 units x 1.032 = 10,320 units

February sales = 10,320 units x 1.032 = 10,645.44 units

March sales = 10,645.44 units x 1.032 = 10,982.77 units

Therefore, the number of units of electric stapler sales budgeted for March should be approximately 10,983 units.

Hi, I'd be happy to help you with your question. To find the number of units of electric stapler sales budgeted for March, we'll first calculate the growth in sales for January and February and then apply that to the December sales.

The question states that Cameroon Corp. sold 10,000 units in December and forecasts a 3.2% **growth **in sales each month.

Step 1: Calculate the number of units sold in January.

January sales = December sales * (1 + growth rate)

January sales = 10,000 * (1 + 0.032)

January sales = 10,000 * 1.032

January sales = 10,320 units

Step 2: Calculate the number of units sold in February.

February sales = January sales * (1 + growth rate)

February sales = 10,320 * (1 + 0.032)

February sales = 10,320 * 1.032

February sales = 10,649.44 units

Step 3: Calculate the number of units budgeted for sales in March.

March sales = February sales * (1 + growth rate)

March sales = 10,649.44 * (1 + 0.032)

March sales = 10,649.44 * 1.032

March sales = 10,988.28 units

The number of units of electric stapler sales budgeted for March should be approximately 10,988 units.

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The number of units of electric stapler **sales budget** for March should be **10,972** units. The sales budget is the estimation of the expected revenue for a period.

To determine the number of units of electric staplers sold in March, we need to calculate the sales **growth rate** from December to March.

First, let's calculate the total sales in December: Total sales in December = Number of units sold × Price per unit

Total sales in December = 10,000 units × $15.20 per unit

Total sales in December = $152,000

The sales growth rate per month:

Sales growth rate = 3.2% = 0.032

Now, we can use this growth rate to** calculate** the sales for each month: Total sales in January = Total sales in December × (1 + sales growth rate)

Total sales in January = $152,000 × (1 + 0.032)

Total sales in January = $156,864Total sales in February = Total sales in January × (1 + sales growth rate)

Total sales in February = $156,864 × (1 + 0.032)

Total sales in February = $161,862.91Total sales in March = Total sales in February × (1 + sales growth rate)

Total sales in March = $161,862.91 × (1 + 0.032)

Total sales in March = $166,935.89Finally, we can calculate the number of units sold in March by dividing the total sales by the price per unit:

**Number of units sold in March = Total sales in March ÷ Price per unit**

Number of units sold in March = $166,935.89 ÷ $15.20 per unit

The number of units sold in March =** **10,972.35.** **Therefore, the number of units of electric stapler sales budgeted for March should be **10,972 units.**

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A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $660. The project's cash flows that come in at the end of each year are $190 for 9 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 6.25%?

### Answers

To calculate the** net present value (**NPV) of the project, we need to discount the future cash flows back to their present value using the required rate of return of 6.25%. The formula for NPV is:

NPV = **-Initial Investment **+ PV of Cash Flows

Where PV is the **present value** of the cash flows.

Using this formula, we can calculate the PV of the cash flows as follows:

PV of Cash Flows = CF1/(1+r)¹+ CF2/(1+r)²+ ... + CFn/(1+r[tex])^n[/tex]

Where CF is the cash flow, r is the **required **rate of return, and n is the number of periods.

In this case, the **initial investmen**t is -$660, and the cash flows are $190 for 9 years. Plugging these values into the formula, we get:

NPV = -$660 + ($190/(1+0.0625)¹ + $190/(1+0.0625)² + ... + $190/(1+0.0625)⁹)

Solving this equation, we get an NPV of approximately $693.23. Since the **NPV **is positive, the project is expected to generate a return higher than the required rate of return of 6.25%, making it a good investment opportunity.

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sally beauty supply sells products for hair, skin, and nail care as well as cosmetics. it is most likely classified as which retail variation based on the considerable assortment of beauty and personal care products it carries?

### Answers

**Answer:**

full-service retailers

I hope this helps...

Please mark me Brainliest

Sally Beauty **Supply **is most likely classified as a specialty retail variation based on the considerable assortment of beauty and personal care products it carries.

Specialty retail stores are typically focused on a specific category of **products **and offer a deep and broad selection within that category.

In the case of Sally Beauty Supply, they specialize in beauty and personal care products for hair, skin, and nails, as well as cosmetics.

Their extensive range of products within this category sets them apart from general retailers who may carry a more limited selection of beauty and **personal care items. **

In summary, Sally Beauty Supply's focus on a specific category and extensive assortment of products makes it a prime example of a specialty retail store.

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After using CRM analysis, Carla's Coffee Corner has decided to mail coupons to customers who have purchased coffee in the last 30 days. The coffee shop is using CRM data to _______.

### Answers

Carla's Coffee Corner is using CRM (Customer Relationship Management) analysis to identify and target customers who have purchased coffee in the last 30 days. By mailing coupons to these customer's, the coffee shop is using CRM data to **enhance customer retention **and **encourage repeat purchases.**

**CRM systems c**ollect and analyze customer data, enabling businesses to understand their customers' preferences and behaviors better. This information can be used to create

**tailored marketing**campaigns and improve customer service, leading to increased customer loyalty and satisfaction. In the case of Carla's Coffee Corner, the CRM analysis identified a specific group of customers - those who have made recent purchases - as a prime target for their coupon campaign.

Sending coupons to these customers not only rewards their recent business but also incentivizes them to return to the coffee shop, potentially increasing sales and strengthening the relationship between the customer and the **brand**. This targeted approach ensures that **marketing efforts **are more likely to yield positive results, as it addresses the customers who have already demonstrated an interest in the product.

In summary, Carla's Coffee Corner is using CRM data to implement a focused and effective marketing strategy aimed at increasing customer retention and encouraging repeat business. By leveraging the insights gained from CRM analysis, the coffee shop can tailor its marketing efforts to the needs and preferences of its most valuable customers, ultimately driving growth and fostering long-term loyalty.

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adjusted for inflation, the cost of throwing a wedding now, compared with the cost in 1945, is:

### Answers

According to the Bureau of** Labor Statistics**, the average cost of a wedding in 1945 was around $2,600.

Adjusted for **inflation**, the cost of throwing a wedding now is significantly higher compared to the **cost** in 1945.

When adjusted for inflation, that **amount** would be equivalent to approximately $35,000 in today's currency. However, the current average cost of a wedding in the US is over $30,000,

which is significantly higher than the **inflation**-adjusted cost in 1945. So, to answer your question, the cost of throwing a wedding now is much more expensive than it was in 1945, even after adjusting for inflation.

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mentionlytics provides listening tools to help clients discover and react to different sentiments about anything connected to their business. mentionlytics uses powerful social analytics and mention analytics insights to gather information about what customers are saying about the companies that they use for goods and services. this is an example of .

### Answers

This is an example of social media monitoring or **social** listening. Mentionlytics provides tools that allow businesses to track and analyze online conversations about their brand, products, and services in order to gain insights into customer **sentiment** and **behavior**.

By leveraging **powerful** social analytics and mention **analytics** insights, mentionlytics helps clients stay on top of what's being said about their **business** and take proactive steps to address any issues or opportunities. This kind of **social media** monitoring is becoming increasingly important for **businesses** of all sizes, as it provides a valuable way to understand customer needs and preferences and make informed decisions about marketing and customer service strategies.

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