The type of lawyer client relationship based on the statement above is special relationship. It is because the client asks the lawyer not to divulge this information and the lawyer should keep it.
Lawyer can be defined as a person who practices law, as an advocate, attorney at law, barrister. Lawyer has a power to discipline based on their authority on the state and federal bar associations. The relationship between lawyer and their client is working relationship that lasts as long as a case is still being resolved. The relationship must be in accordance with applicable law and not harm the other party.
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kelsie blames steve for all her shortcomings at work even though he is the hardest working member on the team. in the context of workplace deviance, this is an example of .
When someone like Kelsie blames Steve for all her shortcomings at work even though he is the hardest working member on the team, it is an example of political workplace deviance. Therefore, the option B holds true.
What is the significance of workplace deviance?Workplace deviance can be referred to or considered as the tendency of an employee or a member of an organization to intentionally cause a sense of harm to the regular functioning of the organization.
A political deviance is a type of workplace deviance wherein an employee in higher authority starts blaming others for slightest of irregularities in the team.
Therefore, the option B holds true and states regarding the significance of workplace deviance.
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The missing options to the question are added below for better reference.
A. group deviance
B. political deviance
C. personal aggression deviance
D. property deviance
to avoid the appearance that a joint product is incurring losses, a company might allocate joint costs based on relative sales value of each product at the split-off point. group startstrue or false
It's true what they say. A corporation may divide up joint costs based on the relative sales value of each product at the point of split-off to avoid the perception that a joint product is losing money.
What does "split-off point" refer to?The production stage where jointly produced goods first appear is known as the split-off point. A corporation might have known, for instance, that investors would not be interested in its financial accounts because they showed no profit or loss.
What is the point at which joint products are split off?An area in a manufacturing process known as a split-off point is where previously manufactured goods are now produced separately. After the split-off point, the costs of the previously manufactured goods can be determined separately. Costs associated with jointly produced goods are divided up prior to the split-off point.
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an adviser is creating a financial plan for retirement using a capital needs approach. which type of insurance policy would be recommended as part of the plan?
A variable life insurance policy might be suggested to a financial planner developing a retirement financial plan using a capital needs method.
What Is Variable Life Insurance?Variable life insurance refers to a permanent life insurance policy with an investment component. A cash-value account for the policy is invested in a selection of subaccounts that are offered by the policy. Similar to a mutual fund, a sub-account operates exclusively within a variable life insurance policy. A typical variable life policy will offer a number of sub-account possibilities, with some providing up to 50.
As the underlying investments in the policy's sub-accounts increase, there is a chance that the cash value account will increase as well. At the same time, the cash value may decrease if the underlying investments decline.
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on june 8, williams company issued an $94,800, 10%, 120-day note payable to brown industries. assuming a 360-day year, what is the maturity value of the note? round your answer to the nearest whole dollar. a.$97,960 b.$94,800 c.$9,480 d.$104,280
$81,333, assuming a 360-day year, what is the maturity value of the note round your answer to the nearest whole dollar.
In psychology, maturity may be operationally defined as the level of mental functioning (measured through standards just like the Wechsler Intelligence Scale for kids) possible attain, and then the extent of mental functioning no longer increases a great deal with age. However, past this, integration is also an issue of maturation, inclusive of the integration of character, in which the behavioral patterns, motives, and other trends of someone are regularly delivered together, to work together correctly with little to no warfare among them, as a prepared entire, bringing a person's numerous motives collectively right into a motive in lifestyles. Living proof: adult improvement and maturity theories encompass the reason in life concept, wherein adulthood emphasizes a clear comprehension of life's reason, directedness, and intentionality, which contributes to the sensation that life is meaningful.
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a stock will pay dividends of $2, $5, and $9 over the next three years, and then increase dividends at a rate of 8% afterwards. its required rate of return is 19%. what is the value of the stock? round your answer to the nearest cent (one-hundredth). do not include the dollar sign ($).
The dividend discount model (DDM) is a quantitative technique for forecasting the price of a company's stock based on the idea that, when discounted back to their present value, all of the company's future dividend payments are worth the present price of the stock. It considers the dividend distribution criteria and the market expected returns in an effort to determine the fair value of a company regardless of the current market conditions.
Time value of money definitionImagine lending your pal $100 on an interest-free loan. You visit him later to retrieve the money you were lent. Your friend presents you with two choices:
Now take your $100.
After a year, take your $100.
The majority of people will select the first option. You can deposit the money in a bank if you take it now. If the bank offers nominal interest, such as 5%, then your money will increase to $105 after a year. It will be preferable to the second choice, when your friend gives you $100 after a year, that is.
Future Value=Present Value ∗ (1+interest rate%)(for one year)
The time value of money, which can be summed up as "Money's value is reliant on time," is demonstrated by the example above. The same interest rate formula can also be used to determine the present value of an asset or receivable if you know its future value.
Changing the equation's order,
Future Value = (1+interest rate%) / Present Value
In essence, the third factor may be computed given any two factors.
This idea is the basis of the dividend discount model. It computes the net present value (NPV), which is based on the time value of money idea, of the anticipated cash flows a company will produce in the future (TVM).
Essentially, the DDM is based on computing the present value of all anticipated future dividend payments made by the corporation using a net interest rate factor (also called discount rate).
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A sum of money is worth more today than it will be at a later time due to its earning potential, according to the temporal value of money (TVM) theory.
What is the Time value of money? Imagine lending your pal $100 on an interest-free loan. You visit him later to retrieve the money you were lent. Your friend presents you with two choices:Now take your $100.
After a year, take your $100.
The majority of people will select the first option. You can deposit the money in a bank if you take it now. If the bank offers nominal interest, such as 5%, then your money will increase to $105 after a year. It will be preferable to the second choice, when your friend gives you $100 after a year, that is.Future Value=Present Value ∗ (1+interest rate%)(for one year)
The time value of money, which can be summed up as "Money's value is reliant on time," is demonstrated by the example above. The same interest rate formula can also be used to determine the present value of an asset or receivable if you know its future value.Changing the equation's order,
Future Value = (1+interest rate%) / Present Value
In essence, the third factor may be computed given any two factors.This idea is the basis of the dividend discount model. It computes the net present value (NPV), which is based on the time value of money idea, of the anticipated cash flows a company will produce in the future (TVM). Essentially, the DDM is based on computing the present value of all anticipated future dividend payments made by the corporation using a net interest rate factor (also called discount rate).A sum of money is worth more today than it will be at a later time due to its earning potential, according to the temporal value of money (TVM) theory.To Learn more About Time value of money refer to:
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What is mobile banking
Answer:
Mobile banking is the act of making financial transactions on a mobile device.
Explanation:
This activity can be as simple as a bank sending fraud or usage activity to a client's cell phone or as complex as a client paying bills or sending money abroad.
how much must you deposit in an account today so that you have a balance of $18,685 at the end of 9 years if interest on the account is 11% p.a., but with quarterly compounding?
$ 4,043.08 must be deposited in the bank account so that you have a balance of $18,685 at the end of 9 years.
Calculation
Future value required= $18,685
Term(n) = 9 years * 4 = 36 Quarters
Interest rate = 11% * 1/4 = 2.75%
Future value required = Amount deposited today * [tex](1+I)^{n}[/tex]
$18,685 = Amount deposited today * [tex](1+2.75)^{36}[/tex]
$18,685 = Amount deposited today * 4.6251480
Amount deposited today = $18,685/ 4.6251480
The amount deposited today = 4,043.07710 = 4,043.08
Hence, $ 4,043.08 must be deposited in the bank account so that you have a balance of $18,685 at the end of 9 years if the interest on the account is 11% p.a.
what is compound interest?Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it so that interest is generated the next period on the principal amount plus any accumulated interest.To learn more about Compound interest, refer to https://brainly.com/question/24924853
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multinationals that provide fair wages to their local employees are following which type of moral language? group of answer choices avoiding harm ethical behavior rights and duties social contract
Fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
What are the duties of multinationals to employees?As a natural outcome of economic integration, multinational corporations' transnational business activities have grown more prevalent in order to maximize the pursuit of self-interest. However, these activities have not yet been formatted according to mature and uniform international business standards and ethical guidelines, leading to the appearance of ethical dilemmas in these activities and the question of what social responsibility businesses should undertake.Multinational corporations maintain operations for manufacturing and marketing in several nations. The company may have many offices in each nation, each of which is connected to a number of branches and subsidiaries.So, fair wages paid to local employees by multinational corporations is one kind of moral language about preventing harm.
Therefore, fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
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Complete question:
Multinationals that provide fair wages to their local employees are following which type of moral language?
a. Avoiding harm
b. Ethical behavior
c. Rights and duties
d. Social contract
which of the following creates standards for insurance companies and facilitates cooperation among state insurance agencies? the national association of insurance commissioners (naic) the insurance regulatory information system (iris) the national association of professional insurance agents (napia) the national association of insurance and financial advisors (naifa)
The NAIC supports insurance regulators and creates standards and best practices for the American insurance business. Additionally, it gives customers resources and information.
What is mean by NAIC?The 50 states, the District of Columbia, and five U.S. territories' top insurance regulators founded and run the nation's standard-setting and regulatory support group known as the National Association of Insurance Commissioners.Each individual underwriting company is given an NAIC number by the National Association of Insurance Commissioners (NAIC). The NAIC numbers connected to our member firms are listed below. On ID cards for current policyholders, the NAIC number is also listed as "Company Number."The NAIC supports insurance regulators and creates standards and best practices for the American insurance business. Additionally, it gives customers resources and information.To learn more about NAIC refer to:
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You are responsible for receiving, maintaining, and supporting the beneficiary for the duration of their temporary stay in the united states. Describe the resources you plan to use or provide to ensure the beneficiary has adequate financial support to cover their basic living needs.
The resources that I plan to use or provide to ensure the beneficiary has adequate financial support to cover their basic living needs is the use of Financial Assistance resources such as Insurance, that of Living Assistance, as well as Tax Assistance programs to bring my plan to reality.
What do you mean by financial assistance?Financial support includes any type of direct, insured, or guaranteed loan, including remortgaging and taking on new loan terms, as well as any grant or other direct or indirect help provided by the Agency.
Educational institutions give students the chance to pursue and complete higher education by offering financial aid. Additionally, helping others can encourage students to adopt a generous attitude once they are successful professionals.
Therefore, In a life insurance policy, retirement plan, or health savings account, the individual or organization identified as beneficiary is known as the beneficiary. When someone passes away, this person is the one who benefits. In order to receive your benefits, the beneficiary designation that was on record at the time of death must be followed.
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suppose jollyland has a population of 1,000 people and a gdp of $1 million, while follyland has a population of 8,000 people and a gdp of $8 million. which country has a higher gdp per capita?
Assume that Jollyland has 1,000 residents and a $1 million GDP, while Follyland has 8,000 residents and an $8 million GDP. The GDP per person is the same in both nations.
How much is the GDP?GDP is made up of products and services generated for market consumption as well as certain nonmarket production, including government-provided defense or educational services. Gross national product, or GNP, is a different concept that accounts for all national output.
We are aware that the total monetary worth of all final goods and services produced in an economy is known as the GDP. Let's imagine, for illustration, that Country B solely produces backrubs and bananas. Figure%: Services and Goods Made in Country B They produce five bananas in year one, each for one dollar, and five backrubs, each worth six dollars.
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what term describes the process of ranking employees by assigning certain percentages to predetermined groups (such as best workers, worst workers, and categories in between)?
Forced distribution. Forced distribution is a method of employee performance appraisal that many companies use. We also call it the forced distribution method, stacked ranking, or bell-curve rating. It is a rating system that employers use to evaluate their workers.
What is forced distribution?
The rater must force employee evaluations into a bell-shaped curve when using the forced distribution performance appraisal rating method. To learn more, go to Managing Employee Performance.
Many businesses use the forced distribution approach of evaluating an employee's performance. It is also known as the stacked ranking, bell-curve rating, and forced distribution method. Employers use this rating system to assess the performance of their workforce. Each employee must be evaluated by the manager and placed into one of three categories, i.e., poor, good, or excellent. Additional categories might exist.
Forced distribution is a method of employee performance appraisal that many companies use. We also call it the forced distribution method, stacked ranking, or bell-curve rating. It is a rating system that employers use to evaluate their workers. Managers must evaluate each employee, usually into one of three categories, i.e., poor, good, or excellent. There may be more categories.
Swiftly and easily Another benefit of this approach is that it is a quick and simple model to comprehend and use. Due to the grouping of all employees, HR finds it very easy to tailor development programs to the right abilities.
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marcel takes out student loans and works part time to put himself through college. in time, he earns an advanced medical degree and goes to work in an understaffed city hospital. marcel's economic decisions benefit the goal of efficiency by
Marcel's economic decisions benefit the goal of efficiency by contributing to the nation's productivity.
Marcel made the best use of all available resources to boost the country's output. A high degree of education is one of the traits of a thriving country. Marcel pays for his own college tuition and gains a degree, which he utilizes to work in an underfunded city hospital. Marcel contributes to the economy by paying taxes, working hard, and saving lives.
At the federal level, productivity is frequently defined and assessed in terms of Gross Domestic Product (GDP) per person, employed person, or hour worked. It is considered by many to be a crucial sign of the nation's economic health.
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the current price of massbank common stock is $40 per share. smart brokerage corporation charges a transaction fee of 1.5% of the total amount of a transaction. what would the purchase of 100 shares of massbank common stock cost? $
The purchase of 100 shares of Massbank common stock cost will be = $4568.
What is transaction fee?
One of the ways a financial services company might charge customers for using an account or a credit card is through transaction fees. Every time an account holder requests that the issuing bank or account provider handle a transaction cost, a modest fee is charged. Usually, there isn't much of a charge.
The cost of 100 of 100 Shares = $45 × 100
=4500
Transaction Cost = 4500 × 1.5%
=67.5
Total Purchase cost = Cost of Common Stock +Transaction Cost
= 4500 + 67.5
= 4568 (in $)
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Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru?.
The type of market in which people can buys their favorite breakfast at a fast food drive thru is product market. The product market can be described as the marketplace where final services and goods are sold to the public sector and businesses.
Product market does not include trading in raw or other intermediate materials and they are focus on the sale of finished goods. Product market also can be an online market that sells their goods and service through marketplace. The example of product market is supermarkets, grocery stores, and also online market.
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jacqueline was at an antique book store. she was interested in purchasing a very old edition of dickens' great expectations. jacqueline remarked that the price was quite high, but mark, the sales clerk, told her that it was a first edition. mark was not sure the book was actually a first edition. he could have easily verified this because the owner of the shop, mr. sykes, was an expert on dickens and antique books. mr.sykes was in his office a few steps from the counter. mark was rather lazy, and he thought it was too much bother to check with mr.sykes, so he sold jacqueline the book at a very high price. jacqueline had the book appraised and learned later that it was not a first edition. she tried to return the book, but mark said all sales were final. jacqueline sued saying that mark had misrepresented the fact that the book was a first edition. the judge is most likely to find a(n): blank .
The judge is most likely to find negligent misrepresentation
What is judge?
A judge is a person who, either alone or as part of a panel of judges, preside over court proceedings. A judge examines all of the witnesses and any additional evidence presented by the case's lawyers or solicitors, examines the parties' credibility and argument, and then renders a decision based on their interpretations of the law and personal judgement. A judge is anticipated to preside over the trial impartially and in public. Judges' powers, functions, methods of appointment, punishment, and training varied greatly between jurisdictions. The judge's authority may be shared with a jury in various jurisdictions. In inquisitorial criminal inquiry systems, a judge may also serve as an examining magistrate.
Therefore, the correct option is (C) negligent misrepresentation
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Complete Question
Jacqueline was at an antique book store. She was interested in purchasing a very old edition of Dickens' Great Expectations. Jacqueline remarked that the price was quite high, but Mark, the sales clerk, told her that it was a first edition. Mark was not sure the book was actually a first edition. He could have easily verified this because the owner of the shop, Mr. Sykes, was an expert on Dickens and antique books. Mr.Sykes was in his office a few steps from the counter. Mark was rather lazy, and he thought it was too much bother to check with Mr.Sykes, so he sold Jacqueline the book at a very high price. Jacqueline had the book appraised and learned later that it was not a first edition. She tried to return the book, but Mark said all sales were final. Jacqueline sued saying that Mark had misrepresented the fact that the book was a first edition. The judge is most likely to find: _______.
A. duress
B. fraudulent misrepresentation
C. negligent misrepresentation
D. innocent misrepresentation
it is fair to say that monetizing the benefits of environmental improvements is challenging. some researchers have therefore argued that policymakers should themselves determine the goals of environmental policies in terms of how much pollution abatement should be required, and then incentive-based environmental policy instruments should be used to achieve these goals in a cost-effective manor. examples of such incentive-based policies include all of the following except: select one: a. taxes on pollution. b. tradeable permits. c. subsidies to abatement. d. command-and-control policies.
Option (b) is the best choice. All of the following, with the exception of tradeable permits, are instances of such incentive-based regulations.
What are tradeable licenses?A tool of economic policy that allows for the free or restricted exchange of permits for the use of resources or the release of pollution.
Production technologies and management practices that are relatively intense in the emission of a given pollutant lose some of their market appeal as a result of a tradeable permit system since it raises the opportunity cost associated with doing so.
What are two devices based on incentives or the economy?Economic theory and modeling exercises suggest that incentive-based instruments like pollution fees and tradeable permits are more economical than conventional forms of regulation.
What kinds of environmental regulations function as incentives?Fees, charges, and taxes are frequently employed incentives that typically impose a monetary charge (or fee, tax, or fee) on each unit of waste or pollutant emissions in order to lower the overall quantity.
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which are advantages of using index models to solve for optimal risky portfolio? multiple select question. they provide guidance for forecasting security risk premiums. they allow for the explicit decomposition of risk into market and unique components. they employ the full available information on the covariance of assets. they simplify estimation of the covariance matrix.
They provide guidance for forecasting security risk premiums, allow for the explicit decomposition of risk into the market and unique components, and simplify covariance matrix estimation.
What is an optimal risky portfolio?A portfolio that is optimal minimizes risk for a given level of return or maximizes return for a given level of risk. This means that risk and return cannot be viewed separately. To earn higher returns, you must take on more risk. The graphic above shows a clear positive relationship between risk and return.
The higher the risk, the higher the return expectation, and the lower the risk, the lower the return expectation. When choosing an investment portfolio for yourself, you always try to ensure that it is located along this frontier.
If your portfolio is below the curve, it means you are not receiving an adequate return on your investment. If it is above the curve, it means that the returns are greater than the risk. Such a situation is unsustainable, and you should avoid such portfolios.
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at the verill company, the cost of the library and information center has always been charged to the various departments based upon number of employees. recently, opinions gathered from the department managers indicate that the number of engineers within a department might be a better predictor of library and information center costs. total library and information center costs are $200,000. department a b c number of employees 135 530 135 number of engineers 0 80 20 which cost estimation method is being used by verill company?
Verill company used the conference method of cost estimation.
It is a technique for cost estimation that combines analysis, information, and knowledge from professional sources to help with cost decision-making. The department manager opinions gathered here suggest that the cost of libraries and information centers may be better predicted by the number of engineers working inside a department. Therefore, we can state that this approach is a conference.
Businesses that adopt this strategy gain from the fact that it prohibits cost accountants from making judgments in isolation. When perspectives and contributions from various functional areas are incorporated into cost predictions, all employees are more likely to believe that the costs are being estimated accurately. This cost estimation method also has the advantage of being rapid to execute.
Hence the Verill company used the conference method of cost estimation.
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sandra jones and julie gray enter into a contract. at the time of signing the contract, sandra does not know that julie has been declared incompetent by a court. what is the legal status of this contract?
Sandra jones and julie gray enter into a contract. The legal status of this contract Enforceable because Julie was unable to advised Sandra of her incapacity to entering into the contract.
What's an enforceable contract?
An enforceable contract is one that can be executed in court of law. That is, the law allows for enforcement of the contract. An enforceable contract must always be valid. A valid contract may, still, be unenforceable.
What Is a fairly enforceable?Enforceable law description means that an agreement has been made by two or further parties and includes the factors of a valid contract. For a contract to be valid, there must be an offer, a consideration, and the parties involved must be of full internal capacity.
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expressed or implied representations by management regarding the recognition, measurement, presentation, and disclosure of information in the financial statements and related disclosures are referred to as
The account balance must be accurately measured as well as adequately described and disclosed. Assertions concerning presentation and disclosure focus on whether certain components of the financial statements are correctly classified, described, and revealed.
The creators of financial statements adequately often make five accounting assertions. They are existence, completeness, rights and obligations, accuracy and valuation, and presentation and disclosure. To check whether the transactions have been recorded in the correct accounting period, utilize the cut-off assertion. To confirm that the activity that occurred was recorded in the right period, payroll and inventory balances are frequently verified for cut-off accuracy. Aspects like occurrence, completion, authorisation, accuracy, cutoff, and classification. a suitable method for verifying the integrity and completeness of internal data used in financial statements.
The process of incorporating economic events into accounting, or changes in resources resulting from transactions or other events that raise or lower an entity's assets, is represented by the recognition principles. The principles of asset, liability, income, and expense recognition serve as the foundation for this procedure.
The ideas of historical cost and fair value, or market exit price, can be used to summarize the measuring principles financial statements. International guidelines for the presentation of IFRS-IFRS financial reports mandate that accounting be done in accordance with the historical cost principle and that some items be adjusted at fair value, provided that it can be shown that a market measure is more beneficial to users of financial statements.
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if a buyer has a gross monthly income of $8,500, student loans of $150/month, and car payments of $250/month, what is the maximum monthly piti loan he or she could get if the lender has set a total debt ratio of 38%?
$2830 is the maximum monthly PITI loan he or she could get.
Define PITI loan.Principal, interest, taxes, and insurance, or PITI, are the four criteria that lenders use to determine your eligibility for a mortgage. One of the typical elements of a mortgage payment is this. PITI is a common way for buyers and lenders to assess the affordability of a particular mortgage. If your homeowner's insurance or real estate tax bill fluctuates over time, it can vary. Depending on the ARM terms you choose, your principal and interest may alter if you take out an adjustable-rate mortgage (ARM) after the initial low-rate period expires.
Gross monthly income = $8,500
Student loans per month = $150
Car payments per/month = $250
Maximum monthly piti loan = ($8,500 x 38%) - $150 - $250
=$2830
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project managers need to meet each project's requirements and achieve the desired outcome. to do this, should project managers use the same tools, techniques, and methodologies every day on their projects?
It is advisable for the project managers to bring variations in the tools, techniques, and the methodologies used by them everyday on their projects with every change in the requirements of the project for obtaining the desired outcome.
What is the significance of a project manager?A project manager can be referred to or considered as a person who is responsible for the purpose of managing the duties and functions that revolve around the working and completion of a project of an organization.
A project manager has to keep in mind, the changing requirements of each project, and how the desired outcomes can be achieved for these projects with a change in the tools and methodologies being followed.
Therefore, the significance regarding the project manager has been aforementioned.
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juju's dividend next year is expected to be $1.50. it is trading at $45 and is expected to grow at 9 percent per year. what is juju's dividend yield and capital gain? multiple choice 1.5 percent; 6 percent 9 percent; 3.33 percent 3.33 percent; 9 percent 6 percent; 1.5 percent
3.33 percent is juju's dividend yield and 9 percent capital gain.
A dividend is a distribution of profits by a corporation to its shareholders.[1] When a company earns a profit or surplus, it's ready to pay a proportion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested within the business (called retained earnings). this year's profit moreover because the maintained earnings of previous years are accessible for distribution; a corporation is sometimes prohibited from paying a dividend out of its capital. Distribution to shareholders is also in money (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the number is paid by the issue of any shares or by share repurchase. In some cases, the distribution is also of assets.
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the june 30, 2024, year-end trial balance for askew company contained the following information: account debit credit inventory, 7/1/2023 $ 33,700 sales revenue $ 397,000 sales returns 13,700 purchases 257,000 purchase discounts 7,700 purchase returns 11,700 freight-in 20,400 in addition, you determine that the june 30, 2024, inventory balance is $41,700. required: calculate the cost of goods sold for the askew company for the year ending june 30, 2024.
The cost of goods sold for the Askew Company for the year ending June 30, 2024, is equal to $250000.
There are many expenses incurring during the production of goods in a company. The expenses include the inventory cost, Net purchases, Security costs, etc. Now, the formula for calculating the costs of goods will be given by
Cost of goods sold = Beginning Inventory + Net purchases - Ending Inventory
According to the question the Beginning Inventory is equal to $33700, the Net purchases = ($257000 - $7700 - $11700 + $20400) = $258000 and the Ending Inventory = $41700
Putting the values in formula we get
Cost of goods sold = $33700 + $258000 - $41700
Cost of goods sold = $250000 which is the required amount.
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if the quantity of concert tickets sold decreases by 10 percent when the price increases by 5 percent, the price elasticity of demand over this range of the demand curve is: group of answer choices unitary elastic. perfectly inelastic. price inelastic. price elastic.
The price elasticity of demand over that range is inelastic. It is because the score for price elasticity is 0,5.
A good's price elasticity of demand can be defined as a measure of how sensitive the quantity demanded is to its price. In the price elasticity method, quantity demanded falls for almost any good when the price rises, but it falls more for some than for others. A price elasticity can be classified into inelastic when the score between 0 and 1. When the score of price elasticity is higher than 1, so it can be classified into elastic.
The formula to calculate price elasticity is:
Price elasticity of demand = %Change in the quantity demand / %change in the price
Price elasticity = 5 % / 10 % = 0,5%
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which of the following is a distinguishing characteristic of a nonprofit organization? a. its revenues do not exceed its expenses b. there is an absence of ownership interests that can be sold, transferred, or redeemed c. it does not depreciate its capital assets d. it does not charge fees for any of its services
There are no transferable, assignable, or redeemable ownership interests. It is a quality that sets charitable organizations apart. A not-for-profit organization's main goal is to help the people who make up its constituency. Option B
A nonprofit organization (NPO) or non-profit organization is a legal entity organized and operated for a collective, public, or social benefit as opposed to an entity that operates as a business with the goal of making a profit for its owners. It is also referred to as a non-business entity, not-for-profit organization, or nonprofit institution.
A nonprofit corporation must meet requirements outlined by the internal revenue code in order to become a legally recognized and tax-exempt organization. NPOs' legality and tax status are decided by the IRS in the US.
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american insurance co. reviewed its customers for creditworthiness. american insurance found that a number of its customers had lower credit scores than expected. without disclosing the reason, american insurance increased the rates of insurance on new customers who had credit scores below a certain threshold. american insurance:
The Fair Credit Reporting Act has been willfully violated by American Insurance.
The U.S. Federal Government passed the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq., as legislation to support the truth, fairness, and privacy of consumer information stored in the files of consumer reporting agencies.
Any business that gathers and offers data about you to third parties must comply with the FCRA. These businesses also referred to as consumer reporting agencies, are bound by the FCRA's rules. Equifax, TransUnion, and Experian are the three most well-known consumer reporting companies in the United States.
Typical FCRA breaches include:
Creditors provide incorrect financial information about you to reporting authorities. Because two people may share the same name or social security number, reporting organizations may mistakenly combine one person's information with another's. Agencies disregard the rules for resolving conflicts.
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The complete question is:
American Insurance Co. reviewed its customers for creditworthiness. American Insurance found that a number of its customers had lower credit scores than expected. Without disclosing the reason, American Insurance increased the rates of insurance on new customers who had credit scores below a certain threshold. American Insurance:
a. has violated the Fair and Accurate Reporting Transactions Act.
b. has committed a willful violation of the Fair Credit Reporting Act.
c. has committed a willful violation of the Fair Debt Collection Practices Act.
d. has violated no law.
which leadership approach asserts that leadership behavior varies across a wide number of leadership styles, ranging from take-no-responsibility leadership to transformational leadership?
The leadership approach that asserts that leadership behavior varies across a wide variety of leadership styles, ranging from unaccountable leadership to transformational leadership is the Full Range Leadership Model.
What is the Full Range Leadership Model?The full range model of leadership (FRLM) is a term to refer to a general theory of leadership that focuses on the behavior of the individual (leader) in different situations.
This theory proposes three main types of leadership that are:
Laissez-faire: This type of leadership is characterized by the fact that the leader takes a more passive role towards the other members of the group and allows them to act more freelyTransactional leadership: This type of leadership is characterized by the leader of a group offering rewards or punishments for the group to function properly.Transformational leadership: This type of leadership is characterized by the fact that the leader sets long-term goals that require greater commitment and trust towards employees.Learn more about leadership in: https://brainly.com/question/14365384
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Deposits are insured by the federal deposit insurance corporation up to _____________ per depositor.
Deposits are insured by the federal deposit insurance corporation up to $250,000 per depositor
What is federal deposit insurance corporation?The Federal Deposit Insurance Corporation (FDIC) is a government organization established in 1933, at the height of the Great Depression, to provide bank depositors with protection and to uphold public confidence in the nation's banking system.
Deposits are insured by the FDIC, which also oversees receiverships, makes huge and complicated financial institutions resolvable, and inspects and supervises financial institutions for safety, soundness, and consumer protection. The FDIC has been successful in preserving public trust in the banking system by practically every metric. Large-scale cash demands made by apprehensive depositors were frequently the end of banks that may have survived before the FDIC was created.
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