The bond's duration is 7.035.
What is bond?
A bond is a fixed-income investment that simulates a loan from a shareholder to a lender (typically corporate or governmental). An I.O.U. here between borrower and the lender that specifies the terms of the loan as well as its payments is what is meant by a bond. Businesses, local governments, states, and other types of government use bonds to finance their operations and capital expenditures. The holders of bonds are the issuer's creditors or debtors. Bond details typically include the conditions for the borrower's variable interest payments as well as the end date by which the loan's principal is required to be paid to a bond owner.
price of the bond = 1000 since coupon rate = yield
when rates rise by 1%
N = 10, FV = 1000, PMT = 70, rate = 8%
use pV funciton in Excel
price = 932.8992
when rates fall by 1%
N = 10, FV = 1000, PMT = 70, rate = 6%
use pV funciton in Excel
price = 1073.6009
duration = (1073.6009 - 932.8992)/2*1000*1% = 7.035
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Equipment costing $20,000 with $17,800 of accumulated depreciation is sold for $2,500 cash. The journal entry will involve a ________.
Debit to accumulated depreciation . $1,050.
A natural credit balance is accrued depreciation. Accumulated depreciation lowers the total value of assets recognized on the financial statement even though it is listed in the asset portion of the balance sheet since assets are fundamentally debit accounts.
How does accumulated depreciation work?A natural credit balance is accrued depreciation. Accumulated depreciation lowers the total value of assets recognized on the financial statement even though it is listed in the asset portion of the balance sheet since assets are fundamentally debit accounts.As a contra-asset account, the balance sheet. A contra-asset account called accumulated depreciation appears on the balance sheet below the account Property and Equipment.The value at which a firm records an asset on its balance sheet is known as net book value, sometimes known as net asset value. It is determined by subtracting accumulated depreciation, accumulated amortization, accumulated depletion, or accumulated impairment from the asset's initial cost.To learn more about Accumulated depreciation refer to:
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Michael noticed an inaccuracy in his credit report and he is interested in applying for a new credit card next month. Which action should he take?.
As he noticed an inaccuracy in his credit report but also interested in applying for a new credit card next month, the proper action will be to report to the Credit bureau.
What is the role of Credit bureau?Basically, a credit bureau refers to the credit reporting agency that collects and researches individual credit information and sells it to creditors for a fee so they can make decisions about extending credit or granting loans.
Most time, these credit bureau collects and researches about an individual credit information and thus sells it to the requesting creditors for a fee so they can make decisions about granting loans.
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ryan company deposits all cash receipts on the day they are received and makes all cash payments by check. ryan's june bank statement shows a $25,861 balance in the bank. ryan's comparison of the bank statement to its cash account revealed the following: deposit in transit2,950outstanding checks1,242additionally, a $37 check written and recorded by the company was incorrectly recorded by the bank as a $73 deduction.the adjusted cash balance per the bank records should be:
Ryan company the adjusted cash balance per the bank records should be: $22,466.
Adjusted cash refers to the process of reconciling cash drawer balances to account for each incoming transaction. This process typically occurs at the end of each shift or working day. Transactions included in cash payments include not only cash and checks, but also credit card payments.
To find the annual adjusted net cash flow, add the owner's salary to the annual net income. amortization; interest; temporary expenses such as equipment and vehicles; depreciation; owner's personal business expenses and retirement benefits; Rent if real estate is part of your business.
Adjusted free cash flow is net cash provided or used by operating activities less cash payments for capital expenditures, restructuring and repositioning, prepaid defined benefit pension plans and legacy expenditures.
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markets distribute production across companies in a way that: minimizes costs. maximizes production. maximizes the number of firms. minimizes production.
The distribution of production by markets across companies is done in such a way that it minimizes costs.
How is production distributed?Production in a market is distributed according to the various companies in the market. The goal of this production is to minimize costs that are incurred by the companies in being able to provide goods and services. There are two reasons why the costs in a market need to be minimized and they both relate to ensuring that the customers are at an advantage.
The first reason for the reduced cost is that companies can be able to produce more goods and services because they will spend less per unit produced. This is therefore good for the market at large with consumers getting more goods. Lower costs also mean lower prices for consumers which is good for them once again.
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natalya reports profits when cash is received and records expenses when they are paid. she is using a. cash-basis accounting. b. accrual-basis accounting. c. liquid assets. d. a statement of cash flows.
Natalya reports profits when cash is received and records expenses when they are paid. She is using a cash basis accounting
A common accounting method known as cash basis identifies expenses and revenues at the time cash is received or paid out. In contrast, accrual accounting records expenses as they are incurred, regardless of when cash is collected or paid, and recognizes income at the time the liability is incurred.
Cash basis accounting is less accurate than accrual accounting in the short term because transactions that are recorded on a cash basis have an impact on a company's books as soon as consideration is exchanged.
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if a property has a potential gross income of $50,000, a vacancy and collection loss of 10%, and taxes are another 10%, what's the effective gross income?
Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay.Net pay, often known as take-home pay, is the amount that is left after all with holdings have been taken into account.
Calculate the gross income?
Your salary, dividends, capital gains, company revenue, retirement payouts, and other sources of income are all included in your gross income.Adjustments to income can be made for things like tuition costs, interest on student loans, alimony payments, or contributions to retirement accounts. Gross annual income and net annual income are two different terms that may be used to describe it.Net annual income is the amount you have left over after deductions, whereas gross annual income is your income before taxes.Your gross income, which is the total amount of money you made in a given period before any deductions or taxes are subtracted, can be discovered on a pay stub.Your year-end W2 or 1099 will also show your entire gross income. You should be able to calculate your annual gross income by totaling all of your gross pay for the year.If you are paid a salary, the annual salary you receive from your employer equals your yearly gross revenue.Your net income is your gross income less any withholdings and deductions made from it. The following equation is used to determine net income:Revenue – Cost of Goods Sold – Expenses = Net Income
Gross Income – Expenses = Net Income.
Total Revenues – Total Expenses = Net Income.
$ 50000 - 5000-5000
= $ 40000
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frequent deposits and checks in rounded and the same amounts, short time lags between deposits and withdrawals, and a low average balance compared to high levels of deposits, are all characteristic signs of a(n)
The above mentioned are all characteristic signs of Check kiting.
Check kiting or cheque kiting is a shape of check fraud, involving taking advantage of the go with the flow to utilize non-existent finances in a checking or different financial institution account. on this way, in place of being used as a negotiable device, checks are misused as a form of unauthorized credit.
Additionally known as flagging, check kiting is a shape of check fraud. It makes use of waft (the time it takes for a take a look at to clear) to make use of non-existent money in a bank account. In essence, kiting turns horrific assessments into a form of unauthorized credit score, and that's horrific information for banks.
Take a look at kiting, fraud dedicated in opposition to a banking organization wherein get admission to is won to deposited price range in a single account earlier than they can be gathered from another account upon which they're drawn. The scheme typically entails numerous checking debts at several distinctive banks.
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alicia has to order copier toner again, so she consults the online catalog of the company's office supply vendor to see if either of her preferred brands is on sale. what type of decision is this?
The type of decision that Alicia used to order the copier toner again is a programmed decision.
What is a programmed decision?Programmed decision-making is described as the form of decision-making in which a rule or a plan has already been set, and such decision-making is repeated. This means that the same type of decision has already been taken in the past.
In this scenario, Alicia has to order a copier toner, and this is why she is going through the catalog to see if there are any sales on the products from the brands she prefers. Alicia seems to prefer a specific brand, and she has some good experience with the brand. This is why she is again looking for products from this brand.
It can be concluded that the type of decision that Alicia used to order the copier toner again is a programmed decision.
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Vulcan, inc. , has 7 percent coupon bonds on the market that have 13 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the ytm on these bonds is 8. 4 percent, what is the current bond price?.
The cost of the bond right now is $891.74.
A zero-coupon bond is one in which the face value is paid back when the bond matures. Bonds with coupon values have annual interest payments.
Do safe coupon bonds exist?However, zero coupon bonds are not without risk. Zero coupon bonds are exposed to interest rate risk if you sell them before they mature, just like almost all other bonds are. If interest rates increase, your zero coupon bond's secondary market value is likely to decrease.
One explanation for the bond price is:
Given,
Discount rate is 7%.
Number of years till maturity (Nper) = 13
Par value is equal to $1,000 YTM, or 8.4%.
Annual coupon received (PMT):
PV of the coupon is calculated as follows: CP = $891.74
The bond's current value will be $891.74 as a result.
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urban community college is planning to offer courses in finite math, applied calculus, and computer methods. each section of finite math has 40 students and earns the college $40,000 in revenue. each section of applied calculus has 40 students and earns the college $60,000, while each section of computer methods has 10 students and earns the college $26,000. assuming the college wishes to offer a total of seven sections, accommodate 220 students, and bring in $292,000 in revenues, how many sections of each course should it offer?
The college should offer sections for courses in finite math, applied calculus, and computer methods as 3, 2, and 2, respectively.
let, x, y, z and be the number of sections of FM, AC, and CM, respectively.
There are seven total sections required.
So the first equation is x + y + z = 7.
There are a total of 220 students enrolled, and the number of students per section is given in the problem.
The second equation is 40x + 40y + 10z = 220.
Finally, the total revenue is given, as well as the revenue for each course. So, the final equation is
40000x + 60000y + 26000z = 292000 .
The system of equations is
x + y + z = 7 ......eq. 1
40x + 40y + 10z = 220 ......eq. 2
40000x + 60000y + 26000z = 292000 ......eq. 3
The corresponding matrix is
[tex]\left[\begin{array}{cccc}1&1&1&7\\40&40&10&220\\40000&60000&26000&292000\end{array}\right][/tex]
After reducing the matrix with a calculator or online matrix reducer, we get
[tex]\left[\begin{array}{cccc}1&0&0&3\\0&1&0&2\\0&0&1&2\end{array}\right][/tex]
Thus, = 3, = 2, and = 2. The college should offer 3 sections of Finite Math, 2 sections of Applied Calculus, and 2 sections of Computer Methods.
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what does fob shipping point mean? multiple choice question. goods are owned by the buyer when they leave the seller's place of business. goods are owned by the buyer as soon as they arrive at the buyer's place of business. goods are owned by the buyer as soon as the sales contract is signed.
A) When goods leave the seller's place of business, the buyer acquires ownership of them.
What is the FOB shipping point?"Free on board" is referred to as FOB in shipping. If a shipment is marked FOB (the seller's location), the seller records the sale as complete as soon as the shipment of goods leaves the seller's warehouse.
The products are the buyer's property while they are being delivered to its warehouse, and any delivery fees are the buyer's responsibility. Additionally, since the shipment became the buyer's responsibility right away, the buyer, and not the seller, must submit any claims for reimbursement if a pallet of jewelry is lost or damaged during shipment.
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enter's insurance would include coverage for: group of answer choices flood damage. personal property. house and other structures. umbrella liability. earthquake damage.
Personal property.
Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.
Of the following, which one is not protected by renter's insurance?Major weather catastrophes like earthquakes, landslides, sinkholes, and floods are not covered by renters insurance. In addition, if your roommate is not a named insured on the policy, the policy will not provide coverage for pest infestations (including bed bugs) or for your roommate's belongings.Renters' contents insurance covers the costs of replacing any stolen or damaged objects covered by the policy, protecting your things against theft and damage from fire, flood, storms, subsidence, burst pipes, and water leaks.Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.To learn more about Renters insurance refer to:
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while viewing a webpage for outdoor gear, drake noticed a graphic display advertising kayaks at low prices. when he clicked on the ad, it took him to a different website where the kayaks were listed for sale. this is an example of what type of internet advertising?
It drake was browsing a website when he saw an advertisement for cheap kayaks. The advertisement led him to a different website when he clicked on it. An illustration of "paid display" online advertising is this.
A pay and display machine is a type of ticket dispenser used to control parking in parking lots or metropolitan areas. It depends on a user buying a ticket from a machine and posting the ticket on the dashboard, windscreen, or passenger window of the car. The usual information on a printed ticket is the machine's location and operator, the time left, the fee paid, and the expiration time.
One machine may handle several vehicle spaces in pay and display systems, which saves on setup costs in comparison to road-side parking meters. Additionally, this approach should discourage cars from utilizing parking meters that still have time left.
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entry-mode strategies group of answer choices are options multinationals have to enter foreign markets and countries. include multidomestic and transnational strategies. are only processes by which firms fill overseas orders like domestic orders. none of the above
Culture, firms economic systems, and business practices differ between the home and host countries when there is a cultural divide markets.
A company is more likely to consider export entry modes than hierarchal ways the more away it is (Hofstede 1980).firms A strategic partnership between two or more businesses from other nations that hold equity (or ownership) positions in a legally distinct entity is known as an international joint venture (IJV)markets. MNCs can compete successfully on a global scale by offering products at competitive prices at the expense of product features. Businesses must decide whether to cut expenses or adapt to the local market when they enter international markets. There are numerous strategies for entering the market.
Exporting. The direct sale is exporting. of products and/or services in a different nation markets.
Licensing. A license enables another business in your target nation to utilize your property.
Franchising.
joint enterprise
direct investment from abroad.
100 percent owned subsidiary.
Piggybacking.
Businesses must decide whether to cut expenses or adapt to the local market when they enter international markets. Companies should pick a global strategy or a transnational strategy to compete in the global market when there are strong cost-cutting constraints firms.
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the advantages of which type of business include ownership of all profits, freedom and flexibility, and ease and low cost of organization and dissolution?
The sole proprietorship is the advantage in the business including ownership of all profits, freedom, flexibility, and ease and low cost of organization and dissolution
What is a sole proprietorship?A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.The lone proprietor is solely responsible for all losses and obligations and receives all gains (subject to business-specific taxes). The owner of the firm is the owner of all of the company's assets and is also responsible for all of the company's debts. A trade name or business name other than the sole proprietor's or the business's legal name may be used. If their company name differs from their legal name, they might need to officially trademark it; the procedure will depend on where they live.To learn more about sole proprietorship, refer to https://brainly.in/question/5781838
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every summer, when peaches are in season, the price of peaches is very low. however, the beach house rental price is very high in summer. please apply the three-step approach to explain what happens in the peach market and beach house market, respectively. how does this decide whether this event shifts the supply or demand curve?
When the price of peaches is falling but at the same time the price for a beach house is rising, the change will be an increase in the demand due to the low peach price and a fall in the supply because of the high cost of the rent.
The supply curve shifts to the left and the demand curve shifts to the right.
The new market equilibrium will be at point B in the graph, with prices rising and quantities remaining the same.
The demand curve, in economics, is an image illustration of the relationship between product price and the amount of the product demanded.
It is drawn with a charge on the vertical axis of the graph and quantity demanded on the horizontal axis.
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the solow model shows that a key determinant of the steady-state ratio of capital to labor is the: level of output. labor force. saving rate. capital elasticity in the production function.
Solow model shows that capital elasticity in the production function.
What does solow model mean ?
The Solow growth model puts a strong emphasis on long-term economic growth. Investment and saving have a major role in economic progress. The capital stock rises as a result of increased saving and investment, which boosts the national income and product during full employment.
The Solow Growth Model is an exogenous economic growth model that examines changes in an economy's production level over time as a result of changes in the population growth rate, the savings rate, and the pace of technological advancement.
The Keynesian Harrod-Domar model served as the foundation for the first neoclassical growth model, the Solow Growth Model, which was created by Nobel Prize-winning economist Robert Solow. Modern theories of economic growth are built on the Solow model.
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outline 2 advantages to H&H of using secondary market research
suppose you deposit $200 today into a bank account with a variable interest rate and will receive a payment in one year. true or false: if during the year the interest rate rises, this increases the future value of your investment.
Yes its a true and rigid statement.
An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.What exactly does "interest rate" mean?
An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.to learn more about interest rates, click the links
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First-stage allocation of overhead costs to each cost pool is accomplished using all of the following except________.
First-stage allocation of overhead costs to each cost pool is accomplished using all of the following except grouping batch and unit-level activities.
What is the first stage allocation?The process of allocating overhead costs to activities is known as a first-stage allocation. This allocation, which is used in an activity-based costing system, is the first step in the ultimate allocation of overhead expenses to cost objects.
Calculating the level of cost driver activity employed by the product by the specified overhead rate for each activity determined in step 4 and allocating overhead costs to goods. This procedure is frequently referred to as applied overhead.
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You have been hired as ceo of a new company focused on providing home health services. What could you do to establish a strong and positive organizational culture?.
Things one can do to establish a strong and positive organizational culture are as follow:
Create the company's vision, values, and mission.Establish trust among the employees.Maintain consistent clear expectations.Make sure that the employees feel valued and appreciated.When a company has a positive workplace culture, the employees are more likely to be engaged in their work, which will make the overall mood of the workplace, as well as the productivity, better for everyone involved in the company.
To create a positive workplace culture, one must understand how their workplace work first. A strategy that works in a company might not work in another company because they have a different ethos or work styles.
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which of the following combinations of policies is designed to decrease inflation? which of the following combinations of policies is designed to decrease inflation? a decrease in government spending and an open-market sale of government securties an increase in taxes and an open-market purchase of government securities an increase in government spending and a decrease in the discount rate an decrease in taxes and an open-market purchase of government securities an increase in taxes and a decrease in the reserve requirement
A decrease in government spending and an open market sale of government securities is designed to decrease inflation.
In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
A fiscal policy must include both government revenue and expenditures. To boost revenue or control spending effectively, the government can alter tax rates. When the demand exceeds the supply, an inflationary gap results. There are two ways the government can approach this.
One is to cut back on transfer payments and overall government spending. Two, raising tax rates causes a decline in consumer demand and the money supply in the economy.
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what type of message strategy are cosmetics companies using when they incorporate scientific data or claims in their advertising? a. conative b. affective c. assertive d. emotional e. cognitive
Answer (D) is the right selection. Cosmetic businesses use an emotive message strategy when they use scientific evidence or claims in their advertising.
Emotional strategy: what is it?Emotional marketing is the purposeful application of persuading messages that appeal to human emotion in order to establish a strong connection with the audience and produce the intended outcome. It frequently just taps into one feeling.
Each emotional ad makes a contribution to the emotional branding strategy; they act as the unique pieces of the brand's structural integrity. In response to significant events, many businesses may produce moving advertisements that simultaneously market their goods and services.
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the term mass affluent is used to describe multiple choice slower-growing demographic segments in the united states. consumer segments that are primarily motivated by ideals. consumer segments that are primarily motivated by self-expression. households that have between $100,000 and $250,000 in investible assets. households that are generally ignored by financial planning firms.
Households with between $100,000 and $250,000 in investable assets are said to as mass affluent. Mass affluent and growing affluent are the high end of the mass market in marketing and financial services, or those with liquid financial assets between $100,000 and $1,000,000 with an annual family income of more than $75,000 each.
A significant target market for manufacturers of luxury products is the mass wealthy customer. Your bank account balances, certificates of deposit, mutual funds, stocks, and bonds are all examples of investable assets. Funds stored in retirement accounts and insurance contracts having a cash value are both regarded as investable assets.
In the event of a financial emergency, your likelihood of continuing to pay off your debt increases with the amount of investable assets you have. Cash-value insurance contracts and funds stored in retirement accounts are both regarded as investable assets.
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eli, a 42 year old computer expert, applied at a software firm, but he was not given the job. he was told that the firm was looking for someone who can design software for the younger generation who use mobile technology. which act did this firm violate?
From the given information, This firm violate Age discrimination in employment act.
The Age Discrimination in Employment Act (ADEA), a federal law in the United States, shields people 40 years of age and over from age-based employment discrimination. The ADEA cites the following instances of age discrimination in the workplace:
Not hiring someone because the company desires someone younger-looking in the position.If a person is given a poor performance assessment because they were too jaded or rigid to take on new tasks.A person is fired because management wants to hire and keep younger, less expensive employees.Refusing to promote someone because they believe they are "too old" or that the role needs "fresh blood."Most of the people laid off when a corporation announces layoffs are older, whereas younger employees with less seniority and less work experience are retained.Before letting someone go, supervisors or management made age-related comments about them, calling them "old," "over-the-hill," or "an old man or lady."Learn more about Age Discrimination in Employment Act (ADEA), here
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you must decline an employee's request to telecommute three days per week. which of the following is the best explanation for the refusal? a. our current company policy does not allow telecommuting. b. your daily presence in the office is important to ensure regular customer contact. c. unfortunately, we cannot afford the expenses associated with telecommuting. d. your work standards cannot be relied upon unless we are able to observe you at the office.
In order to decline an employee's request to telecommute three days per week, the best refusal explanation that you can give is b. your daily presence in the office is important to ensure regular customer contact.
Although telecommunication makes the process of dealing with customers easy through virtual contact, however, customers are more likely to seal a deal through regular customer contact.
Telecommunication should only be used in cases when you cannot manage to come to the office or deal with customers due to an emergency. Other than that, in order to make sales, regular customer contact is important.
Hence, in the scenario based above, you can refuse an employee from telecommunication by telling him that presence in the office is necessary for customer contact.
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A manager that views most employees as motivated to do work is operating under blank______, while a manager that views most employees as lazy, is operating under blank______.
A manager that views most employees as motivated to do work is operating under Theory Y, while a manager that views most employees as lazy, is operating under Theory X.
What is the meaning of Theory Y And theory X ?Both Theory Y And theory X can be described as the motivation theory that is been used in the organization to describe the way the employee do carry out their work in the organization, it should be noted that this theory serves as the theory that can be found under the motivation theory of management.
In conclusion, the theory Y can be described as the motivation theory that states that the employee will be self motivated which implies that as the employee is doing the work, the employee is enjoy the work as a result of this there is usually a high efficiency as well as high productivity in the work compare to theory X.
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revenues are a. decreases in liabilities resulting from paying off loans. b. increases in share capital resulting from the owners investing in the business. c. increases in income resulting from selling products or performing services. d. all of the above.
Revenues are increases in income brought on by the sale of goods or the provision of services.
Income from the selling of products or services is referred to as revenue.
Liabilities do not diminish as a result of revenues, and revenues do not income raise share capital; equity contributions do.
Revenues is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units income sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute Revenues. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer.
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although the world economy is much more integrated today than was the case 10 or 20 years ago, a variety of barriers still hamper free movements of people, goods, services, and capital across national boundaries. these barriers include
All of the listed barriers hamper free movements of people, goods, services, and capital across national boundaries. So option (d) would be the appropriate response.
Why is freedom of movement regarded as important?One of the single market's four fundamental freedoms, along with the freedom of movement of money, goods, and services, is the freedom of movement. These liberties were codified in the 1957 Treaty of Rome, which founded the European Economic Community, the forerunner of the EU (EEC).
After the Second World War, the concept of freedom of movement was first used to entice individuals to relocate in search of employment. A movable workforce was supposed to enhance the economy of the six founding members of the EU and possibly stave off further warfare on the continent.
Free-movement agreements allow workers to relocate from nations where there are few jobs to others where there are numerous jobs and a shortage of labor.
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The complete question is mentioned below :
Although the world economy is much more integrated today than was the case 10 or 20 years ago, a variety of barriers still hamper free movements of people, goods, services, and capital across national boundaries. These barriers include
a) legal restrictions.
b) excessive transportation costs.
c) information asymmetry.
d) all of the above
as noted in your text, one of the biggest problems facing companies today is the aging workforce. more and more people are nearing or at retirement age, and companies are struggling to find workers who can take their places. what are some of the tactics companies might use to handle this problem? check all that apply. redesign jobs so they are more easily done by older employees. pay older employees more so they will continue to keep working. work to hire immigrants, who are typically younger than current residents of a country. use robots in place of human workers.
Sometimes recruiters and recruiting managers mistakenly feel that older workers are less progressive, less able to master new skills, or have unrealistic compensation expectations. However, age disparity is a notable problem that prevents some workers from comprehending their goal or forces them out completely.
Explain about the aging workforce affect the business?A more senior workforce increases the chance that companies will lose important personnel to illness or death, which might have an impact on customer retention, vendor relationships, operational efficiency, and even company secrets or financial data.
To aid employees in striking a better balance between their obligations at work and at home, employers should provide flexible work arrangements like job sharing, flexible scheduling, part-time employment, the opportunity to work from home, and other types of reduced work hours.
Physical and mental decline with age: As employees get older, they're more prone to experience health problems. Conflict between older and younger employees. Performance problems associated with novel methods of operation and a resistance to change on the part of senior employees
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