Suppose you’re working on an activity where the Target Score is 1,000 points. If you’ve just answered the minimum number of questions and have earned 500 points, your initial grade is – . However, if you keep answering questions and eventually reach 1,000 points, your grade will improve to – , no matter how many questions it takes you to get there.

Answers

Answer 1

Based on the information given, it can be noted that the initial grade will be 50% while the grade will eventually improve to 100%.

Since the Target Score is 1,000 points. If the person just answered the minimum number of questions and have earned 500 points, therefore, the grade will be:

= 500/1000 = 50%

On the other hand, when the person gets 1000, the grade will be:

= 1000/1000 = 100%

Therefore, the values are 50% and 100% respectively.

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Answer 2

Answer:

50 percent

100 percent

Explanation:


Related Questions

What are you paying for when you lease a car? A.the purchase price of the car


B.)the production costs of the car


C.)rent on a parking space


D.)the decrease in the car's value

Answers

Answer:

D

Explanation:

when you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation, or the change between its current value and its value at the end of the lease obviously plus interest and fees. .

consider a break-even model for manufacturing a certain product, with a fixed cost is $15,000, a variable cost of $22.50, and a price of $27.85. the marketing department department has determined that spending an additional $500 on advertising will increase the sales volume by 100 units. what is your recommendation for the company? should the company spend the above amount on advertising?

Answers

The company should not spend the above amount on advertising as the increase in sales volume may not be significant enough.

To determine whether the company should spend the additional $500 on advertising, we need to calculate the current break-even point and the break-even point after the potential increase in sales volume.

Using the given information, we can calculate the current break-even point as follows:

Break-even point = Fixed costs ÷ (Price - Variable costs)

Break-even point = $15,000 ÷ ($27.85 - $22.50) = 1,200 units

To calculate the break-even point after the potential increase in sales volume, we need to add the additional 100 units to the current sales volume and recalculate the break-even point:

Break-even point = Fixed costs + Advertising costs ÷ (Price - Variable costs)

Break-even point = ($15,000 + $500) ÷ ($27.85 - $22.50) = 1,220 units

Comparing the two break-even points, we see that the break-even point after the potential increase in sales volume is only 20 units higher than the current break-even point.

Therefore, it may not be worthwhile for the company to spend the additional $500 on advertising, as the increase in sales volume may not be significant enough to cover the cost of advertising.

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A company has found that the number of items sold, x, depends upon
the price, p at which they're sold, according the equation
X=14400-3p^2. the price has been increasing by $5 per month. find the rate at which revenue is changing when the price is $60. note: the answer might be negative

Answers

Differentiate the revenue function with respect to time using the chain rule to determine the pace at which revenue is changing. When the price is $60 and the stated price and rate of change are substituted, the rate of revenue change is -$36,000 per month, indicating a decline in revenue.

To find the rate at which revenue is changing, we need to differentiate the revenue function with respect to time. The revenue function can be calculated by multiplying the number of items sold (x) by the price (p):

Revenue = x * p = (14400 - 3p²) * p

To find the rate of change of revenue, we differentiate this equation with respect to time. However, since we are given the rate at which the price is changing, we need to express the derivative in terms of the rate of change of price (\(\frac{d\text{p}}{dt}\)) rather than time:

\(\frac{d\text{Revenue}}{dt}\) = \(\frac{d\text{Revenue}}{dp}\) * \(\frac{d\text{p}}{dt}\)

To find \(\frac{d\text{Revenue}}{dp}\), we differentiate the revenue equation with respect to p:

\(\frac{d\text{Revenue}}{dp}\) = \(\frac{d\text{}}{dt}\) ((14400 - 3p²) * p) = 14400 - 6p²

Now we substitute the given price p = $60 into the derivative:

\(\frac{d\text{Revenue}}{dp}\) = 14400 - 6(60)² = 14400 - 21600 = -7200

Next, we substitute the given rate of change of price \(\frac{d\text{p}}{dt}\) = $5 into the equation:

\(\frac{d\text{Revenue}}{dt}\) = (-7200) * (5) = -36000

Therefore, the rate at which revenue is changing when the price is $60 is -$36,000 per month, indicating a decrease in revenue.

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This refers to dividing responsibility among specific units or departments.

Answers

I think this could be division of labour.

Match each business model with the advantage it brings.​

Match each business model with the advantage it brings.

Answers

Answer:

1. Subscription.

2. Bait and Hook.

3. Cutting out the Middleman.

Explanation:

Some of the commonly used business models across the world include the following;

1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.

2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).

3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.

An example is the business to consumer (B2C) company such as Walmart, Uber, etc.

11. Which of the following statements about the role of managers
is true?
a. Managers are responsible for the success or failure of the
company.
b. Managers make up the greatest percentage of employees in a
business.
C. Managers are responsible for completing the day-to-day work
a business.
4. Managers spend most of their time planning for the future.
Che first level of management

Answers

The TRUE statement about the first (highest) level of management is 4. Managers spend most of their time planning for the future.

These managers are appointed by the owners of the business to act as agents in the interests of their principals.  However, the ordering depends on the person.  Sometimes, this first-level is assigned as the third-level, in reverse order.

This level of management is not necessarily involved in operational activities.  The managers at this level do not constitute the greatest percentage of the workforce.

While first-level managers bear the responsibility for the success or failure of their company, they usually assign the function of overseeing business success and failure to the middle-level managers, who also supervise the lower-level managers.

Thus, the first-level of managers are the managers who plan for the future of the company.  

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7. Marianne Gorman had been an assembler for 33 years when she became permanently
disabled. Marianne was 54 years old and had planned to retire in 11 years. Her final average
salary was $41,905. The rate of benefits of the plant is 2.5%. What is her monthly disability
benefit?

Answers

The monthly disability benefit is given as $87.30.

How to solve for the disability benefit

To calculate Marianne's monthly disability benefit, we need to find the average of her highest consecutive 60 months of earnings, and then multiply that amount by the benefit rate of 2.5%.

Let's assume that her highest consecutive 60 months of earnings was equal to her final average salary of $41,905.

The monthly average of her earnings would be:

$41,905 ÷ 12 = $3,492.08

And her monthly disability benefit would be:

$3,492.08 × 2.5% = $87.30

So, Marianne's monthly disability benefit would be $87.30.

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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36

Answers

Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.

To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:

The flat-rate disability amount is $496.36 per month.

The maximum monthly disability benefit is $1362.30.

Krishna's entitlement to a CPP retirement benefit is $660 per month.

To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:

The disability benefit will be the lesser of:

The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.

Let's calculate the disability benefit based on the above formula:

Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)

= min($660, $496.36 + $660 - $496.36)

= min($660, $660)

= $660

Therefore, Krishna will receive a disability benefit of $660 under the CPP.

Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.

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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36

An increase in the incomes of U.S. trading partners would shift the U.S.: A. aggregate supply curve to the left B. aggregate demand curve to the left C. aggregate demand curve to the right D. aggregate supply curve to the right

Answers

Answer: aggregate demand curve to the right

Explanation:

An ncrease in the incomes of U.S. trading partners would shift the U.S aggregate demand curve to the right.

This is because when there is an increase in income, this will lead to more purchases been made which will invariably lead to an outward shift of the demand curve.

What is the first element that should be considered in creating an advertisement? A. The cost
B. The appearance
C. The media format
D. The message​

Answers

the answer is d; message.

The message​ is the first element that should be considered in creating an advertisement. The correct option is D. The advertiser must provide information on the product or service to be advertised as well as conduct a SWOT analysis of the company and the offering.

What is the purpose of the message?

Communication can serve three functions: to inform, convince, or foster kindness. The first is to inform, where a message can be utilized to communicate normal, repetitive, everyday chores, instructions, codes, steps, and procedures in the workplace.

The essential elements of the advertising message The slogan, content, and images are the fundamental components of an advertising message. Storytelling, on the other hand, is just as effective. They become even more memorable if they are concluded with a convincing and passionate tagline.

Thus, the ideal selection is option D.

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Which product most likely has a demand that is inelastic?.

Answers

Answer:  utilities, prescription drugs, and tobacco products

Explanation: necessities and medical treatments tend to be inelastic

interest earned on the original principal amount invested is called _____.

Answers

Interest earned on the original principal amount invested is called Simple Interest. The other type of interest is called compound interest.

What is Simple Interest?

Simple interest is the interest earned on the original principal amount invested. Simple interest does not take into account any interest earned over time. Simply multiply the principal amount by the interest rate and the time to calculate simple interest.

Simple Interest = Principal x Interest Rate x Time

On the other hand, compound interest is the interest earned on both the initial principal and the interest reinvested from prior periods. Compound interest is calculated by taking the principal balance and adding any interest earned over time. When this earned interest is compounded is determined by your bank and account. Interest can be compounded on a daily, monthly, quarterly, or annual basis.

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Across the five years, what is the average revenue generated by sales to public institutions?
A) $498,260,000
B) $99,652,000
C) $500,800,000
D) $307,580,000
E) $93,568,000
What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?
A) $358,400,000
B) $207,872,000
C) $150,528,000
D $326,400,000
E) $166,400,000
The lead consultant on the project with Talabot & Hopkins is interested in Talabot & Hopkin's profit development over Year 1 to Year 5.
A) Talabot & Hopkins' proportional profit decreased over the five years.
B) Talabot & Hopkins' profit increased year on year over the five years.
C) Talabot & Hopkins' profit increased over the five years, mainly driven by their sales to private individuals,
D) Talabot & Hopkins'expenses decreased over the five years, which significantly contributed to the profit increase.
E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.

Answers

Across the five years the average revenue generated by sales to public institutions is D) $307,580,000.

What does Average revenue mean?

Average revenue is a measure of a company's total income divided by the number of goods or services sold. It is a measure of how much money a company makes on average from each sale. Average revenue per unit or average revenue per sale are other terms for it.

What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?

The difference in revenue generated between sales to businesses and sales to private individuals in Year 5 is C) $150,528,000

The lead consultant on the project with E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.

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What is the name of the document that comes with your paycheck and
shows you what you were paid and how much was taken for taxes?
A Paystub.
B
Payline.
Pay Report
D
Pay Sheet
Just please

Answers

Answer:

A Paystub.

Explanation:

Paystub or payslip is the document that shows the amount that an employee earned in a particular month and the deductions made. Therefore, a  paystub indicates the total earning or gross pay, the total deductions, and the net pay.  

The paystub shows each earning and deduction on its line. In other words, the paystub show itemized details of all earnings and deductions.

The assembly line changed automobile production methods because: (A)Workers decided what tasks they would perform during the workday. (B)The parts to be worked on were brought to the workers on a moving belt. (C)Workers moved from one car to the next and performed a small task on each one. (D)It enabled each worker to assemble a larger portion of an entire car.

Answers

Answer:

d

Explanation: hi

Brainard Corporation's budgeted sales for the upcoming quarter are $400,000. Its supporting budgets and schedules show a beginning finished goods inventory of $15,000, budgeted cost of goods manufactured of $185,000, and a projected ending finished goods inventory of $25,000. Its selling and administrative budget projects expenses of $148,000, its budgeted interest expense is $7,000, and its tax rate averages 40%. 1. The company's budgeted gross profit for the upcoming quarter is $ . 2. The company's budgeted income before taxes for the upcoming quarter is $ . 3. The company's budgeted income taxes for the upcoming quarter are $ . 4. The company's budgeted net income for the upcoming quarter is $ .

Answers

Answer:

Brainard Corporation

1. The company's budgeted gross profit for the upcoming quarter is $225,000.

2. The company's budgeted income before taxes for the upcoming quarter is $70,000.

3. The company's budgeted income taxes for the upcoming quarter are $28,000.

4. The company's budgeted net income for the upcoming quarter is $42,000.

Explanation:

a) Data and Calculations:

Budgeted Income Statement for the quarter:

Budgeted sales                                       $400,000

Cost of goods sold:

Beginning inventory                $15,000

Cost of goods manufactured  185,000

Cost of goods available       $200,000

less Ending inventory               25,000    175,000

Gross profit                                            $225,000

Selling and administrative    $148,000

Interest expense                        7,000    155,000

Income before tax                                   $70,000

Income taxes (40%)                                   28,000

Net income                                              $42,000

explain socialism, capitalism and mixed economy with their features advantages and disadvantages​

Answers

Socialism is defined as the means of production that is owned by the state. Capitalism is a economic system in which private individuals or businesses own capital goods. A Mixed Economy is a system that combines aspects of both Capitalism and Socialism.

One of the main objectives of any company should be to let the target market know of its existence.
True or False

Answers

False because you don’t need the target market

Are you going to get Paramount plus?

Answers

An waste of money you can get better stuff

Yes, every CBS All Access subscriber will be automatically transitioned to Paramount+. An automatic update should upgrade the CBS All Access app to the new Paramount+ app early Thursday, but if that hasn’t happened, you can run a manual update on your device.

what is meant by business ​

Answers

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.

Organization, engaged commercial, professional activities

How much interest would a person pay to borrow $700 for 9 months at 10 percent?

Answers

The principal is Rs 10,000, the interest rate is 10%, and the loan term is six years. The simple interest can be calculated as follows: A = 10,000 (1+0.1*6) = Rs. 16,000. Interest is 16000 divided by 10,000, or Rs. 6,000.

What is interest rate?

The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.

The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.

An index of the preference for a dollar of present over a dollar of future has been used to describe the interest rate.

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If the price of peanut butter for peanut butter and jelly sandwiches
increases, the supply for PB&J sandwiches will ?
I know the answer is decrease but can someone explain to me why it’s decrease instead of increase ?

Answers

Answer: decrease

Explanation:

It will decrease because when the price goes up it will make people not want to buy it because they used to be able to buy it for cheaper.  For example if a soda was $1.99 and they then raised the price to $3.00 would you want to buy it as much? No, probably not unless you were truly thirsty but even still if someone raised the price and there was a cheaper option you would go with the cheaper option because it's the same thing but differently priced. People tend to buy things when they are cheaper or on sale rather than at their original price and that's why some stores use pricing to trick you. They say something is on sale but in reality it costs just the same as the original price or sometimes more than that. They do this to compete and to get money out of you.

Saima is the daughter of a farmer, who lives in a village, near Tandu Allah Yar and struggles for well-being of herself and her family. She wakes up early at 6am, takes a good breakfast, attends college for which she has to walk for 1 hour, and gets back by 1pm. Afterward, she enjoys good food from his father's farm, supports her mother in the business of bookbinding, and gives tuition to students and then after taking healthy dinner, she gives time to her own studies and then sleeps early to make sure a healthy sleep. Despite so much struggle, she is so grateful to his God for whatever she has. She has been doing that regularly for the past two years and she envisions becoming an electrical engineer to support his entire village with better and cheaper electricity sources. How do you think the story relates to the principles and habits of Self-Discipline?

Answers

This story relates to the principles and habit of self discipline in multiple ways.

1. She wakes up at 6 AM and walks and hour to school and back, demonstrating that she has the self discipline to do these things to get a good education.

2.  She supports her mother in bookbinding, and gives tuition to students, showing kindness and empathy, which is important to self discipline.

3. Despite hardships she has been grateful for whatever she has.

4. She envisions becoming an electrical engineer to support he entire village.

These examples and more show how this young woman displays self discipline.

I hope this helped.

Determine whether the items are characteristics of taxes, subsidies, or both. Assume that markets are perfectly competitive.
1. increase the price that buyers pay
2. increase the price that sellers receive
3. create a wedge between the price that buyers pay and the price that sellers receive.

Answers

This is a characteristic of taxes. Taxes increase the price that buyers pay because they are required to pay an additional amount to the government, which increases the overall price of the product.

What does the term subsidy mean?

The term subsidy refers to financial assistance or support provided by the government or other organizations to individuals, businesses, or industries, usually in the form of a payment or a reduction in taxes. Subsidies are often provided to help support and promote certain activities or products that are deemed to be in the public interest, such as renewable energy, education, or agriculture. They may also be used to encourage businesses to locate or expand in a particular region or to offset costs associated with production or research and development. Subsidies can take various forms, such as direct payments, tax breaks, or loan guarantees, and they can be provided at the federal, state, or local level.

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When marketers _____, they take into account the fact that customers are different, customers change, competitors change and react, and organizational resources are limited.
i. create a firm's mission statement
ii. conduct a SWOT analysis
iii. enter into the strategic marketing process
iv. develop a competitive advantage

Answers

Answer:enter into the strategic marketing process

Explanation:

When marketers enters into the strategic marketing process they take into account the fact that customers and different customers change competitors change and react and organizational resources are limited.

What is the market?

Market is a place where all the business and the commercial activities being take place for example a place where a person who go and buy and sell things is known as market. Market can be physical as well as virtual for example a stationery shop in the market is a physical market but buying stationery online from a website is a virtual market.

What are the Marketing strategies?

Forming marketing strategy is a process in which a business concentrate to find best opportunities and increase its sales with the limited resources available. There are many factors which are integral part of marketing strategies. Marketing strategies done by seven Ps

1- product

2-price

3-promotion

4-please

5- packaging

6-positioning and

6- people

What are diiferent type of customers?

A customer is a person who purchase the product from the market. Customer can be of many types such as :- new customer, old customer ,potential customer ,discount customers, impulsive customer, loyal customer, need based customer.

Hence option III is the correct answer,

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Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): 2021 Current assets Net fixed assets $1,400 2,600 $4,000 Total assets $ 600 200 1,350 250 Accounts payable and accruals Short-term debt Long-term debt Preferred stock (10,000 shares) Common stock (40,000 shares) Retained earnings Total common equity Total liabilities and equity 775 825 $1,600 $4,000 Skye's earnings per share last year were $2. 60. The common stock sells for $45. 00, last year's dividend (Do) was $1. 90, and a flotation cost of 11% would be required to sell new common stock. Security analysts are projecting that the common dividend will grow at an annual rate of 10%. Skye's preferred stock pays a dividend of $2. 70 per share, and its preferred stock sells for $30. 00 per share. The firm's before-tax cost of debt is 9%, and its marginal tax rate is 25%. The firm's currently outstanding 9% annual coupon rate, long-term debt sells at par value. The market risk premium is 5%, the risk-free rate is 6%, and Skye's beta is 1. 612. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1. 55 million

Answers

The growth rate of dividends: is  0.0513 or 5

Total common equity = Common stock + Retained earnings

Total common equity = 40,000 shares * $45 per share + $825,000

Total common equity = $2,025,000

Calculate the cost of common equity using the CAPM model:

RCE = RF + β × (RM - RF)

RCE = 0.06 + 1.612 × 0.05

RCE = 0.14 or 14%

Calculate the cost of preferred stock:

RPS = Dps / Pps

RPS = $2.70 / $30

RPS = 0.09 or 9%

Calculate the cost of debt:

Rd = 0.09

Calculate the weighted average cost of capital (WACC):

WACC = (E/V) × RCE + (D/V) × Rd × (1 - T) + (P/V) × RPS

where E = market value of equity, D = market value of debt, P = market value of preferred stock, V = total value of the firm, and T = marginal tax rate.

First, we need to calculate the market value of equity:

Market value of equity = Number of common shares outstanding × Price per share

Market value of equity = 40,000 shares × $45 per share

Market value of equity = $1,800,000

Next, we need to calculate the market value of debt:

Market value of debt = Short-term debt + Long-term debt

Market value of debt = $775,000 + $775,000

Market value of debt = $1,550,000

Next, we need to calculate the market value of preferred stock:

Market value of preferred stock = Number of preferred shares outstanding × Price per share

Market value of preferred stock = 10,000 shares × $30 per share

Market value of preferred stock = $300,000

Finally, we can calculate the total value of the firm and the WACC:

Total value of the firm = Market value of equity + Market value of debt + Market value of preferred stock

Total value of the firm = $1,800,000 + $1,550,000 + $300,000

Total value of the firm = $3,650,000

WACC = ($1,800,000 / $3,650,000) × 0.14 + ($1,550,000 / $3,650,000) × 0.09 × (1 - 0.25) + ($300,000 / $3,650,000) × 0.09

WACC = 0.1142 or 11.42%

Calculate the growth rate of dividends:

Growth rate of dividends = Retention rate × Return on equity

Retention rate = 1 - Dividend payout ratio

Dividend payout ratio = Do / Earnings per share

Dividend payout ratio = $1.90 / $2.60

Dividend payout ratio = 0.73 or 73%

Retention rate = 1 - 0.73

Retention rate = 0.27 or 27%

Return on equity = Earnings per share / Book value per share

Book value per share = Total common equity / Number of common shares outstanding

Book value per share = $2,025,000 / 40,000 shares

Book value per share = $50.625 per share

Return on equity = $2.60 / $50.625

Return on equity = 0.0513 or 5

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a loss that is judged to be probable and for which the amount is reasonably estimable should be

Answers

Answer:recorded

Explanation:

The loss that its amount is reasonably estimable and judged to be probable should be recorded.

In accounting, the outcome of the preparation of the Income statement is to determine the profit or loss generated by the company in an accounting year.

Because an account is prepared annually, then, an loss that is more probable and can be estimated is expected to be recorded.

Therefore, the loss that its amount is reasonably estimable and judged to be probable should be recorded.

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what would wages look like if there was no minimum wage?

Answers

Answer:

if changed now they'd probably stay the same

Explanation:

people aren't going to buy anything if they don't have enough money to even feed themselves so if wages were lowered, especially minimum wage, that would be pretty bad lol

What are the effects of an increase in labor productivity on potential GDP, the
quantity of labor, the real wage rate, and potential GDP per hour of labor?

Answers

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

What are the effects of an increase in labor productivity on potential GDP, the quantity of labor, the real wage rate, and potential GDP per hour of labor?

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

However, the effect on the quantity of labor and real wage rate is less clear-cut. In some cases, an increase in productivity can lead to an increase in the demand for labor and therefore higher wages. In other cases, it can lead to a decrease in demand for labor and lower wages. Ultimately, the effect on potential GDP per hour of labor will depend on the relative changes in output and labor inputs.

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BRAINLIEST PLZ ANSWER
What type of relationship do a lawyer and a client have?
A.
A labor relationship
B.
A tort relationship
C.
An administrative relationship
D.
An agency relationship

Answers

i'm pretty sure it's D. An agency relationship, but let me know if i'm wrong!!

It would be D because it just have to be business
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