The rate of return is -12.6%. The negative rate of return indicates that Andy lost money on this investment.
To calculate the rate of return, we need to consider the total cost of borrowing and returning the shares. In this scenario, Andy borrowed 500 shares for $12,500 with a commission of $125. After three weeks, the price of the stock dropped to $22.50 a share, so Andy bought 500 shares for $11,250 with a commission of $115. He returned the 500 shares to the broker.
The total cost of borrowing and returning the shares is $12,990 ($12,500 + $125 + $11,250 + $115). The amount that Andy made after selling the shares is $11,250 ($22.50 x 500). Therefore, the rate of return can be calculated as follows:
Rate of return = (Total amount made - Total cost) / Total cost x 100%
Rate of return = ($11,250 - $12,990) / $12,990 x 100%
Rate of return = -12.6%
The negative rate of return indicates that Andy lost money on this investment. It is important to consider the commission fees when calculating the rate of return as they can significantly impact the overall profitability of the investment.
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Matt wants to start a bait shop from an heritance he received. What two strategies could Matt use to start his business?
A. common stock or retained earnings
B. long term goals or liquid assets
C. common stock or short term liabilities
D. short term liabilities or fixed assets
The two strategies that Matt could use to start his business would be D. short term liabilities or fixed assets .
What strategies would help Mark best ?Matt could use a combination of short-term liabilities and fixed assets to start his bait shop. Short-term liabilities, such as loans or credit lines, can provide the initial funding needed to purchase inventory, equipment, and supplies.
Fixed assets, such as a building or a storefront, can provide a permanent location for the bait shop and help establish a presence in the local community.
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FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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TRUE / FALSE. the underlying causes of the great war included intense nationalism, ethnic resentments, pursuit of economic interests, colonial rivalries, and a general struggle over the balance of power in europe.
The underlying causes of the great war included intense nationalism, ethnic resentments, pursuit of economic interests, colonial rivalries, and a general struggle over the balance of power in europe.The statement is True.
The underlying causes of the Great War, also known as World War I, included intense nationalism, ethnic resentments, pursuit of economic interests, colonial rivalries, and a general struggle over the balance of power in Europe. The early 20th century was marked by a rise in nationalism, with nations asserting their identity and interests. This led to tensions and rivalries between nations, exacerbated by ethnic and territorial disputes.
Economic interests played a significant role, as countries vied for resources, markets, and economic dominance. Colonial rivalries added to the tensions, as European powers competed for overseas territories. Additionally, there was a broader struggle for power and influence among the major European powers, leading to the formation of alliances and an arms race.
These factors, combined with the assassination of Archduke Franz Ferdinand, eventually culminated in the outbreak of the Great War in 1914.
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Able orally agreed to pay Carr $800 to restore Able's antique car within 18 months, even though it was possible for him to complete the restoration in 10 months. The agreement is: a. unenforceable, because it covers services with a value in excess of $500. b. unenforceable, because it covers a time period in excess of one year. c. enforceable, because personal service contracts are exempt from the Statute of Frauds. d. enforceable, because the work could be completed within one year.
Answer:
Enforceable because the work could be completed within one year.
Explanation:
An enforceable contract is a contract between two parties that is legally binding.
Carr could complete the restoration of the car in 10 months but Able paid Carr $800 to restore Able's antique car within 18 months.
The agreement is enforceable because the work could be completed within one year.
Option d. is correct.
According to the author Jim Collins, who wrote the book entitled Good to Great: Why Some Companies Make the Leap and Others Don't, Level 5 leaders possess the highest level of executive capabilities in that their ambition is directed first and foremost to:
According to the author Jim Collins, who wrote the book entitled Good to Great: Why Some Companies Make the Leap and Others Don't, Level 5 leaders possess the highest level of executive capabilities in that their ambition is directed first and foremost to the company and its stakeholders, rather than to their own personal gain.
What is a level 5 leader?Jim Collins, in his book "Good to Great," describes a Level 5 leader as someone who blends genuine personal modesty with intense professional will. In other words, such leaders possess an unusual blend of humility and willpower.According to Jim Collins, Level 5 leaders are ambitious in their desire for their organization's success rather than their personal success.
They are, however, incredibly humble when it comes to personal recognition, and they are more interested in having their organization succeed than in being lauded as great leaders. In a nutshell, Level 5 leaders strive for the good of their company and its stakeholders.
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tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed. Based on the Situational Leadership Model II®, which leader style would be best for Tom to use?
The Situational Leadership Model II® is a leadership theory that suggests that the most effective leadership style depends on the situation at hand. In this case, Tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed.
According to the Situational Leadership Model II®, there are four leadership styles: directing, coaching, supporting, and delegating. Each style is appropriate for a different level of follower readiness, which refers to the competence and commitment of the followers.In this situation, the volunteers have very little knowledge of how to do the work or what needs to be completed, indicating a low level of follower readiness. Therefore, the best leadership style for Tom to use would be the directing style.
The directing style involves giving specific instructions and closely supervising the work of the followers. This style is appropriate for followers who have low competence and low commitment, as it provides clear guidance and structure.
To use the directing style effectively, Tom should:
1. Clearly communicate the goals and expectations for the build site.
2. Provide detailed instructions for each task and demonstrate how to do them.
3. Closely supervise the work of the volunteers and provide feedback on their performance.
4. Provide positive reinforcement for good performance and corrective feedback for poor performance.
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which factor makes a currency more attractive to investors
A low export rate
A low inflation rate
A low interest rate
A high rate of government debt
Answer:
A low inflation rate
Explanation:
just took the quiz
Why is Rent to Own a Rip Off?
A friend told Mohammed, Your business would be more successful if you only served in the shop and let your workers make the bread and cakes. Do you agree? Justify your answer
Answer:
Yes
Explanation:
As the 9wner of business, you will know how to controll your finance than paying someone.
what should be done to preserve the traditional knowledge, skill and technology? write any four measures
Answer:
We should utilized them property.
If we want to preserve traditional knowledge ,skill we have to promise to ourselves that we have to not to forget our tradition skill knowledge
They give our cultural identity.
They help in presentation of art.
In order to preserve our traditional knowledge, skill, and technology, we need to;
1. Incorporate them into our museums.
2. Set days aside for their remembrance.
3. Teach them to our children and younger generation.
4. Use them in our daily lives.
Our traditional knowledge, skill, and technology are things that identify us. Therefore, we must preserve them if we do not want to lose parts of ourselves. Museums are places where sacred things and valued aspects of our culture can be kept for preservation and monetization purposes. Special days in the year can also be marked for the celebration of these technologies and skills.
It is also vital that the younger generation are taught these skills and technologies so that they do not die with the older generation. Finally, we should proudly use these skills in our daily lives so that they become entrenched in our lives.
Conclusively, Museums, special days, teaching, and proudly using our skills, knowledge, and technology are effective ways to preserve them.
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What are the similarities and differences in the purchasing
functions at a for profit versus a not for profit organization?
Explanation:
I hope this answer is helpful ):
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as ______.
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as human capital.
What is human capital organization?Human capital is referred to as an intangible asset for any firm but is absent from the balance sheet of a corporation. Human capital, which includes an employee's education, health, intelligence, punctuality, values, ethics, corporate citizenship, and loyalty, is the economic value of their knowledge, abilities, and experience.
Thus, it is human capital.
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what happens to the unemployment and inflation if business investment decreases in the short run?
krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Budgeting for Needs Select your needs from your cash expenses. CASH Last Month Gas for car$120 Fast food$20 Movie tickets$30 Amusement park$115
The necessities would be last month's gasoline for the car, while the expenses would be fast food, movie and amusement park tickets.
What are needs and expenses?Needs are a term that refers to the goods and services that a person needs in a fixed way for their daily life, some examples are:
TransportationFeedingEducationOutfitLiving placeAmong othersAccording to the above, it can be inferred that car gasoline is a necessity because it is a means of transportation that we can use to go to our work or place of study.
On the other hand, expenses are the goods and services that are not necessary for our daily lives but that we acquire for leisure and entertainment purposes. For example:
Video gameCinemaTheaterMake-upToysSweetStreet foodAmong othersBased on the above, it can be inferred that movie tickets, fast food, and amusement park tickets are expenses.
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OMG! Does anyone remember the commercial that goes “1-800-CONTACTS”
Answer:
YESSSSSS I DOOOOOO THAT THING WAS WERIDDDD
Answer:
Yes
Explanation:
Physician, veterinarian, and medical laboratory careers are all in the _____ Career Cluster. Government and Public Administration Finance Education and Training Health Science
Answer:
health science
Explanation:
took the test
The careers of Physician, Veterinarian, and Medical Laboratory fall within the "Health Science" Career Cluster. Therefore, option D is correct.
The realm of Health Science encompasses a tapestry of vital professions that embrace wellness, healing, and discovery. With careers such as Physician, Veterinarian, and Medical Laboratory expertly interwoven, this dynamic cluster unravels the mysteries of human and animal health.
It stands as a beacon of care, fostering collaboration between medical experts and researchers to unlock new frontiers. From diagnosing ailments to safeguarding public health, Health Science cultivates resilience.
Nurturing a symphony of knowledge, it harmonizes the melodies of medical advancement, safeguarding lives, and enriching our understanding of the intricate symphony of life.
Therefore, option D is correct.
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Most probably, your complete question is this:
Physician, veterinarian, and medical laboratory careers are all in the _____ Career Cluster.
A) Government and Public Administration
B) Finance
C) Education and Training
D) Health Science
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
if an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?
Answer:
cost-push inflation
Explanation:
In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed
Answer:
certified signed
Explanation:
that signature come from police
Answer:
certified signed
Explanation:
The check only have power or in other words legit when only have the certification from the bank or the treasury.
Blossom Company uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31.
Units
Cost
per Unit
Market
per Unit
Cameras Minolta 5 $161 $159
Canon 8 131 160
Light Meters Vivitar 12 120 106
Kodak 9 112 145
What amount should be reported on Blossom Company’s financial statements, assuming the lower-of-cost-or-market rule is applied?
Total $enter a total amount in dollars
According to the lower-of-cost-or-market basis for inventory, the value of inventory on the financial statements should be reported at the lower of its historical cost or the current market value.
In this case, Blossom Company has four different types of inventory items, each with a different cost and market value.
To calculate the total value of inventory that should be reported on Blossom Company's financial statements, we need to compare the cost and market values for each item and choose the lower value.
For the Minolta cameras, the cost per unit is $161 and the market value per unit is $159, so we would report the inventory value at $795 (5 units x $159).
For the Canon cameras, the cost per unit is $131 and the market value per unit is $160, so we would report the inventory value at $1,048 (8 units x $131).
For the Vivitar light meters, the cost per unit is $120 and the market value per unit is $106, so we would report the inventory value at $1,272 (12 units x $106).
For the Kodak light meters, the cost per unit is $112 and the market value per unit is $112, so we would report the inventory value at $1,008 (9 units x $112).
Adding up the values for each item, the total amount that should be reported on Blossom Company's financial statements is $4,123.
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Under the lower-of-cost-or-market (LCM) rule, inventory is reported at the lower of its cost or market value. Market value is defined as the current replacement cost or net realizable value, whichever is lower.
To apply the LCM rule to Blossom Company's inventory, we need to compare the cost and market value of each item and choose the lower of the two.For the Minolta cameras, the market value of $159 per unit is lower than the cost of $161 per unit, so we should use the market value to value these units. The total value for the Minolta cameras is 5 units × $159 per unit = $795.For the Canon cameras, the cost of $131 per unit is lower than the market value of $160 per unit, so we should use the cost to value these units. The total value for the Canon cameras is 8 units × $131 per unit = $1,048. For the Vivitar light meters, the market value of $106 per unit is lower than the cost of $120 per unit, so we should use the market value to value these units. The total value for the Vivitar light meters is 12 units × $106 per unit = $1,272.For the Kodak light meters, the cost of $112 per unit is lower than the market value of $145 per unit, so we should use the cost to value these units. The total value for the Kodak light meters is 9 units × $112 per unit = $1,008.The total value of Blossom Company's inventory under the LCM rule is the sum of the values for each item: $795 + $1,048 + $1,272 + $1,008 = $4,123.Therefore, Blossom Company should report a total inventory value of $4,123 on its financial statements.
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John buys a used car for $5,400 and spends $600 on new parts, made in the U.S., to fix the car. The end result of these two transactions isa. U.S. consumption purchases increase by $5,400 and U.S. GDP increases by $5,400.b. U.S. consumption purchases increase by $6,000 and U.S. GDP increases by $6,000.c. U.S. consumption purchases increase by $600 and U.S. GDP increases by $600.d. U.S. consumption purchases increase by $600 and U.S. GDP increases by $6,000.
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
" Please answer the following questions about an advertisement or other promotion you've seen recently. Describe the advertisement/promotion. What company/organization was responsible? Explain the general format/message communicated. Discuss how the advertisement relates to each component of the AIDA model. For example, is it effective (or not) at getting attention? Explain. What about generating interest? Desire? Action?
I recently encountered an advertisement for a new smartphone called the "TechX Pro" by the company "GizmoTech."
What company/organization was responsible?GizmoTech, a well-known technology company, designed and released the advertisement for their latest smartphone, the TechX Pro.
The advertisement showcased the TechX Pro's sleek design, advanced features, and powerful performance. It emphasized the phone's high-quality camera, fast processing speed, and immersive display. The message conveyed was that the TechX Pro offers a superior user experience and is a must-have device for tech enthusiasts.
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What is NOT an example of a contract?
The sentence that do not symbolize example of a contract is c.A written promise to give your husband a ring for Christmas.
What is a contract?A contract can be described as the agreement tht is been entered between two or ore parties which is binded under that law of the land and any breech to the agreement by one of the parties that is been involved will attract a penalty.
It should be noted tat out of the give options we can see that the third option is not a contract because it can not be regarded as an agreement.
Therefore, option C is correct.
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Check the complete question:
Which of the following is not an example of a contract?
a. An agreement not to sue someone for negligence in exchange for their promise to pay you a specified amount
b.
A verbal agreement for the sale of a car where neither the money or the car has yet changed hands
c.A written promise to give your husband a ring for Christmas
d. A verbal agreement to work for someone starting next week
Which of the following is not a valid FICO credit score?
A. 900
B. 600 C. 700
D. 800
Answer:
A. 900
Explanation:
FICO is an acronym for Fair Isaac Corporation, they create an accurate and reliable credit score of customers for use by lenders.
Basically, your FICO depends most on the amounts you owe and your payment history.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
Hence, lenders look at the credit score of a loan applicant in order to ensure that the applicant is financially responsible and would be able to repay the loan at the agreed upon date.
In conclusion, a valid FICO credit score is between 300-850 i.e the maximum (highest) credit score is 850 and as such a credit score of 900 is invalid.
Identify each cost listed as either explicit or implicit costs.
Rent
Wages
The cost of time
Using resources already owned
What may be lost
The explicit costs are rent, and wages and implicit costs are the cost of time, using resources already owned and what may be lost.
What are the explicit costs?Explicit costs are direct payments made to others in the course of running a business, such as wages, rent and materials, as opposed to implicit costs, where no actual payment is made. It is possible still to underestimate these costs, however: for example, pension contributions and other "perks" must be taken into account when considering the cost of labour. Explicit costs are taken into account along with implicit ones when considering economic profit.
Accounting profit only takes explicit costs into account.
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Which type of unemployment is natural in a free market economy, where workers have the freedom to change occupations?
Transitions in voluntary employment within an economy lead to frictional unemployment. As workers switch jobs, frictional unemployment inevitably happens, even in a developing, stable economy.
What are frictional unemployment and cyclical unemployment?
When a person is transitioning between occupations, they naturally become unemployed. When the economy is performing well, more jobs are produced; when it is experiencing a downturn, more individuals end up losing their jobs.
Frictional unemployment of unemployment is natural in a free market economy, where workers have the freedom to change occupations. Workers changing jobs naturally cause frictional unemployment, even in a developing, stable economy.
Therefore, The effect of voluntary employment transfers within an economy is frictional unemployment.
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If the true ordering cost turns out to be much less than your answer to part (a), what is the impact on the firm's ordering policy?
A. The order quantity should be decreased
B. The order quantity should not be changed
C. The order quantity should be increased
The ordering policy of a company is impacted by the true ordering cost if it turns out to be much less than the answer to part. To determine how often to order inventory, a company must consider the cost of ordering and the cost of carrying inventory.
The true ordering cost is the actual cost of placing an order, including personnel costs, phone calls, and paperwork. For a company, this cost is critical because it is a variable expense that directly affects its profitability.When the true ordering cost turns out to be much less than the cost estimated in part (a), it may have an impact on the firm's ordering policy because a company's ordering policy is influenced by the order quantity.
The company may then choose to place more orders, but at lower quantities. C) The order quantity should be increased. The inventory management system in any firm revolves around maintaining an optimal balance between ordering cost and carrying cost of inventory. The former includes all the costs associated with placing an order such as delivery charges, transport costs, costs of paperwork, communication costs, etc.
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Which of the following are signs of a market failure?.
Answer:
Productive and allocative inefficiency.
Monopoly power.
Missing markets.
Incomplete markets.
De-merit goods.
Negative externalities.
identify and describe five environmental differences between governments and for-profit business enterprises as identified in the governmental accounting standards board’s.
The five environmental differences between governments and for-profit business enterprises as identified in the Governmental Accounting Standards Board's (GASB) guidelines are listed as follows: i. Purpose, ii.Source of revenue, iii.Budgetary constraints, iv. Ownership and accountability. v.Reporting requirements.
1. Purpose: Governments primarily focus on providing public services and ensuring the well-being of their constituents, whereas for-profit business enterprises aim to generate profits for their owners or shareholders.
2. Source of revenue: Governments typically obtain their revenues through taxes, grants, and intergovernmental transfers, while for-profit business enterprises generate revenue through sales of goods and services.
3. Budgetary constraints: Governments are usually required to operate within a balanced budget, meaning they must plan and control their expenditures to match their revenues. For-profit business enterprises, on the other hand, can choose to operate at a deficit if they believe it will lead to long-term profitability.
4. Ownership and accountability: Governments are accountable to their citizens, with elected officials making decisions on their behalf. For-profit business enterprises are owned by their shareholders, who expect a return on their investment and can influence decision-making through their voting rights.
5. Reporting requirements: Governments follow specific accounting standards set forth by the GASB, which focus on transparency and accountability in the use of public funds. For-profit business enterprises follow accounting standards established by the Financial Accounting Standards Board (FASB), which emphasizes providing financial information to investors and creditors for decision-making purposes.
These differences highlight the distinct roles and objectives of governments and for-profit business enterprises and influence the accounting standards they follow.
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