Important FHA Borrower Requirements
A minimum FICO® score of 580 equals a 3.5% down payment.
10% down payment for a FICO® score between 500 and 579.
Mortgage Insurance Premiums, or MIP, are necessary.
43% debt-to-income ratio.
The borrower's primary residence must be the property.
Borrower must be employed and provide employment verification.
What determines FHA eligibility?A minimum credit score of 580 is required for FHA loans in order to qualify for a 3.5% down payment. You could be eligible for an FHA loan with a 10% down payment if your credit score is between 500 and 579. An average credit score for conventional loans is 620 or higher.
You were most likely turned down for an FHA loan for one of three reasons: poor credit, a high debt-to-income ratio, and a lack of overall funds to meet the down payment and closing charges.
3.5% down payment, a 43% debt-to-income ratio, and a 580 credit score are all minimal requirements for an FHA loan. In actuality, a credit score as low as 500 is acceptable when applying for an FHA loan. However, if it is between the range of 500 and 579,
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westco company issued 10-year bonds a year ago at a coupon rate of 7.6 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.9 percent, what is the current bond price in dollars? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\\
The current bond price is $1127.05 if the Westco company issued 10-year bonds a year ago at a rate of 7.6%.
The value of the bond can be considered to be the present value (PV) of the future cash receipts expected for this bond. Therefore, the value of the bond can be given as;
Bond value = PV of interest + PV of RV
here RV represents the redemption value
The value of the bond of Westco company can be found as follows;
First, we find the PV of interest;
Semi-annual interest payment = 7.6% × 1000 × 1/2 = 38
Semi-annual yield = 5.9% ÷ 2 = 2.95% per six months
Total period to maturity (in months) = 2 × 10 = 20 periods
PV of interest = 38 × [1 - ( 1 + 0.0295)^(-20)] / 0.0295 = 567.97
Now we determine the PV of redemption value as follows;
PV of redemption value = 1000 × (1.0295)^(-20) = 559.08
Now the price of the bond can be calculated as follows;
Bond price = 567.97 + 559.08 = 1127.05
Hence, the current bond price is calculated to be $1127.05 if the Westco company issued 10-year bonds a year ago at a coupon rate of 7.6 percent.
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suppose that the government pairs each $100-per-hour lawyer with 20 nearby minimum-wage workers. if the government taxes 25 percent of each lawyer's income each week and distributes it equally among the 20 minimum-wage workers with whom each lawyer is paired, how much will each of those minimum-wage workers receive each week?
By comparing family incomes to a criterion based on family size, government statisticians identify those who are considered to be officially poor.
Attorney salary is $110 per hour.
40 hours are worked per week in total.
Total earnings equal $110 * 40, or $4400.
Thus,
A lawyer making $110 per hour makes $4,400 a week.
Average hourly pay for a worker is $24.
Unskilled worker's hourly wage is $7.25.
Productivity is calculated as follows: $24 / $7.25 (average worker wage / unskilled worker wage) = 3.31
Thus,
The typical employee produced 2.76 times more than someone on the federal minimum wage.
Attorney salary is $110 per hour.
Unskilled worker's hourly wage is $7.25.
Productivity = Lawyer's Salary/Unskilled Worker's Salary ($110 / $7.25 = 15.17)
Thus,
A lawyer earning $110 per hour is 15.17 times more productive than an employee on minimum wage.
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variable costs per unit: direct materials $2.50 direct labor 0.75 manufacturing overhead 1.25 selling and administrative 1.50 fixed costs for the period: manufacturing overhead $3,000 selling and administrative 2,000 the selling price per unit of product is $15.00. at a production and sales volume of 15,000 units, what is the total profit for summertime company?
The total profit for Summertime company is $130000
Variable costs for Summertime company per unit of production:
Direct material = $2.50
Direct labour = $0.75
Manufacturing overhead = $1.25
Selling and administrative = $1.50
Total variable cost per unit = 2.50 + 0.75 + 1.25 + 1.50 = $6 per unit
Variable cost for 15000 units = 6*15000 = $90000
Fixed costs of production for the company:
Manufacturing overhead = $3000
Selling and administrative expense = $2000
Total fixed costs = 3000 + 2000 = $5000
Total cost for 15000 units = FIxed cost + Variable cost = 5000 + 90000 = $95000
Selling price per unit of production= $15
Revenue from 15000 units of items= 15000*15 = $225000
Profit = 225000 - 95000 = $130000
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xyz company is paying a 25% stock dividend to its common stockholders. if an investor owns 100 shares at $120.00 before the stock dividend, how many shares will the investor own and at what price per share after the dividend is paid?
125 shares for 96 dollars.
How do dividends from stocks appear in a journal entry?
Cash Dividends Payable (a liability account) and Retained Earnings (a stockholders' equity account) are both debited and credited in the journal entry for the declaration of the cash dividends.
What is a dividend on stock of 10%?
Each shareholder will receive an additional share of stock for each ten shares held if the board of directors approves a 10% stock dividend. The corporation will not benefit from the stock dividend, so the value of each share should decrease because each shareholder will receive additional shares.
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uniquely, a successful lotion manufacturer, sells luxury lotions exclusively for women under the brands uniquely lavish, uniquely luxurious, and uniquely glorious. it has now added uniquely dignified to target a specialized segment of urban men who are particular about their grooming practices. the introduction of uniquely dignified represents multiple choice mass marketing. niche marketing. behavioral targeting. differentiated targeting. undifferentiated targeting.
The introduction of uniquely dignified represents niche marketing.
Niche marketing is defined as directing all marketing efforts to a specific segment of the population. It is critical to understand that the term "niche" does not exist, but is created through smart marketing techniques and identifying what the customer wants.
Niche marketing is a marketing strategy used to target a distinct market segment. A niche market is frequently created by identifying what a customer wants, which can be done if the company knows what the customer needs and then tries to deliver a better solution to a problem that other firms have not presented. A niche market is not a small market; rather, it consists of a specific target audience with a specialized offering.
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cerron's had portable speakers for laptops, mp3s, and ipods marked down 60% during a closeout sale. the speakers have surround sound effect and bass boost, can fold for storage, and include an ac adapter and a storage bag. if a certain speaker offers a $30.00 savings, what is its regular selling price?
Laptop speakers have very little low end, thus an explosion on screen won't cause any rumble to be heard. The majority of laptops also don't have a lot of volume.
Which types of speakers are compatible with laptops?
You should be able to use the majority of wired computer speakers as long as your laptop has a USB port or speaker/headphone jack. The little plug that fits into a standard headphone port, the 3.5mm (1/8") audio input connector is found on the back of most computer speakers. Additionally, a power source must be inserted into these speakers.
Why won't the speakers on my laptop work?
Make sure none of your audio equipment is muted or turned off. Open Volume Mixer can be chosen by selecting and holding (or right-clicking) the Speakers icon in the taskbar. Note: If Speakers isn't visible, it can be in the overflow area. To check, choose Show hidden icons.
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2. if the real exchange rate is 1, then there is a a. surplus of 100 so the real exchange rate will rise. b. shortage of 100 so the real exchange rate will rise. c. surplus of 100 so the real exchange rate will fall. d. shortage of 100 so the real exchange rate will fall.
If the real exchange rate is 1, then there is a c. surplus of 100 so the real exchange rate will fall.
This is, the exchange rate is the rate of a rustic's foreign money in terms of some other forex. For instance, if the alternate charge between the U.S. Dollar (USD) and the Japanese yen (JPY) is one hundred twenty yen consistent with the dollar, one U.S. Dollar may be exchanged for one hundred twenty yen in foreign currency markets.
Alternate prices are constantly shifting, based totally on supply and demand. Whether or not one forex is in better call than another, depends on the perceived price of owning it, either to pay for items and services or as an investment.
It serves as a simple hyperlink among the local and overseas markets for various goods, services, and financial belongings. With the usage of the change price, we are capable of comparing charges of goods, offerings, and assets quoted in different currencies.
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The process through which the union and management negotiate pay, benefits and other work terms is _____.
The process through which the union and management negotiate pay, benefits and other work terms is Collective bargaining.
What is Collective bargaining?Collective bargaining refers to a method of negotiating where the entire number of employees or at the very least, a significant number, are negotiated for by a single body such as a Trade or Labor Union. It is called collective bargaining because the employees are collectively negotiated for by one body.
The main benefit of Collective bargaining is that the Unions are able to negotiate from a stronger position with management. This is because if they told their clients (employees) to stop working, it could severely affect operations. As a result, the unions are able to use Collective bargaining to negotiate higher pay, benefits, and any other work terms needed.
In conclusion, the negotiation by Unions and management is known as collective bargaining.
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Jo is at the gym one afternoon, jogging on the treadmill at 3. 0 miles per hour. A stranger gets on the treadmill next to her and begins running at 6. 5 miles per hour. Jo notices this, and slowly increases her own running speed. This enhancement of jo’s performance on a simple task by the presence of others is called?.
According to the notion of spreading activation, bidirectional associative linkages to other relevant nodes may allow the activation of a semantic memory node to spread.
What does spreading activation look like in practice?Spreading activation is the term used to describe this broad elevation and availability. For instance, when I say "fire engine," you begin to visualize not only a fire engine but other related ideas like trucks, fire, and even the color red, which makes it simpler for you to locate or recognize those objects.Associative pathways allow activation to extend from one section of the memory network to others that are connected to it. This spread of activation increases the availability of these associated memory network regions for additional cognitive processing (Balota & Lorch, 1986).The method of computing activation values over a number of chunks is known as spreading activation. Weighting values on the associations among pieces determines how activation spreads from one cognitive organization to another.To Learn more About spreading activation refer to:
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the following operation benefits from appreciation of the firm's local currency: a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation b. receiving earnings dividends from foreign subsidiaries c. purchasing supplies locally rather than overseas d. exporting to foreign countries
Option a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation benefits from appreciation of the firm's local currency.
A foreign currency is the currency utilized by a foreign u . s . a . as its diagnosed form of monetary alternate. This particular forex is the most effective form of alternate that the relevant authorities lets in for use for getting and selling inside its borders
To favor the trade of budget among unique countries; we can locate nations with excess liquidity and others that need liquidity. To finance worldwide trade, whose transactions constitute a enormous part of the foreign money market.
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if you are holding two identical bonds, except that one matures in 10 years and the other matures in 5 years, which bond's price will be more sensitive to interest rate risk?
The 10 year bond will be more sensitive to interest rate risk. The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.
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 was made.
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.
With the help of the interest rate formula, we can calculate the interest rate, which is the percentage of the principle sum that the lender or bank would charge the borrower in exchange for using its assets or money for a given period of time. Interest Rate = (Simple Interest 100)/(Principal Time) is the formula for calculating interest rates.
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lois is particularly good about keeping the parent organization aware of what is happening in the work group of which she is a part. lois is known as a
Lois is especially good at informing the parent organization about what is going on in the work group of which she is a member. Lois is a type of orbital pseudotumor.
What is parent organization?The part of a charitable organization or sponsor that coordinates, supervises, or exercises control over policy, fund-raising, and expenditures, or assists or advises one or more chapters, branches, or affiliates of a charitable organization or sponsor, is referred to as the parent organization. A holding company is a parent business entity typically a corporation or an LLC that does not manufacture, sell, or conduct any other business operations. As the name implies, its purpose is to own controlling stock or membership interests in other companies. A parent company is one that owns more than 50% of another company's outstanding voting shares.To learn more about parent organization, refer to:
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iven what happens to the price buyers pay and the price sellers ultimately receive after a subsidy is granted to sellers, what happens to the level of consumer and producer surplus after the subsidy takes effect?
There is an increase in the consumer as well as producer surplus after the subsidy takes effect.
What the impacts of a subsidy ?Subsidies often have the effect of making it simpler for businesses to produce particular items. After all, they are receiving free money or tax exemptions as assistance. The production costs that producers must face are reduced by these tax pardons or cash payouts. Consumers will ultimately pay less on the subsidised good. This indicates that there are two main effects of subsidies:
The first effect of subsidies is a decrease in the cost of production and the price of the good, which encourages consumers to purchase more of it.Due to the lower cost of production, more businesses will enter the market for subsidized goods as a result of subsidies.To know more about, subsidy, visit :
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The complete question is mentioned below :
Given what happens to the price buyers pay and the price sellers ultimately receive after a subsidy is granted to sellers, what happens to the level of consumer and producer surplus after the subsidy takes effect?
a) Consumer surplus increases, while producer surplus decreases.
b) Both consumer surplus and producer surplus decrease.
c) Consumer surplus decreases, while producer surplus increases.
d) Both consumer surplus and producer surplus increase.
the forced distribution method lists the employees being rated from highest to lowest based on their performance levels and relative contributions. question 31 options: true false
True The rater must force employee evaluations into a bell-shaped curve when using the forced distribution performance appraisal rating method.
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.
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.
Poor employee morale is frequently a result of forced distribution. Many workers who are in the middle of the corporate ladder believe they should be higher. Particularly hard-working employees get upset over not being in the top categories. The system may also result in a decline in corporate talent.
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a government offers a defined contribution pension plan for police and firemen. the general fund makes its annual contribution to the pension trust. how should the receipt of this money be reported by the pension trust fund?
Option C. As an Addition (contributions from employer)is the right answer.
The required details about pension plans is mentioned in below paragraph.
An employee benefit known as a pension plan requires the company to make regular contributions to a fund that is put aside to pay eligible employees after they retire. In the U.S. private sector, traditional pension plans are becoming progressively less common. An employer must make contributions to a pool of money set up for a worker's future benefit under a pension plan, which is a retirement strategy. Pension plans often fall into one of two categories: defined benefit or defined contribution. A fixed monthly payout is promised under a defined benefit plan. A defined contribution plan creates an investment account, which grows over the length of the employee's employment. The remaining amount will be available to the employee after retirement.
(COMPLETE QUESTION)
A government offers a defined contribution pension plan for police and firemen. The General Fund makes its annual contribution to the pension trust. How should the receipt of this money be reported by the Pension Trust Fund?
A. As an Other Financing Source.
B. As Interfund Revenue.
C. As an Addition (contributions from employer).
D. As a liability (Due to General Fund).
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An incoming mba student took placement exams in economics and mathematics. In economics, she scored and in math. The overall results on the economics exam had a mean of and a standard deviation of , while the mean math score was , with a standard deviation of. On which exam did she do better compared with the other students?.
In comparison to the other students, the prospective MBA student performed higher on the math exam.
She performed better on the Mathematics exam since her scores were 2.1 standard deviations higher in mathematics and 1.25 standard deviations higher than the mean in economics.
We have the following information to assess how many standard deviations she was from the mean in each subject:
= (Score - Mean)/Standard deviation
For economics;
= (85 - 75)/8 = 10/8 = 1.25 sd.
For Mathematics:
= (89 - 68)/10 = 21/10 = 2.1 sd.
In essence, her scores in Economics and Mathematics were 1.25 standard deviations and 2.1 standard deviations, respectively, above the mean.
She thus outperformed other kids in Mathematics.
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monopolists are criticized because they are inefficient. what is meant by this statement? group of answer choices monopolists don't innovate enough to control pollution. monopolists could use their resources better elsewhere. monopolists produce a large quantity of waste. monopolists charge too high a price. monopolists usually don't produce at the minimum of the atc.
Most people criticize monopolies because they charge too high a price, but what economists object to is that monopolies do not supply enough output to be allocatively efficient. To understand why a monopoly is inefficient, it is helpful to compare it with the benchmark model of perfect competition.
What are monopolies?
When there is just one seller in the market, it is called a monopoly. The monopoly case is typically viewed as the complete antithesis of perfect competition in economic research. The industrial demand curve, which slopes downward, is, by definition, the demand curve that the monopolist faces.
A monopoly is when one business and its product control a whole sector, there is little to no competition, and customers are forced to buy the particular products or service from the one business.
Examples of natural monopolies include corporations that provide utilities such as electricity and natural gas. They are monopolies because it is expensive to enter the market and because newcomers are unable to offer the same services in numbers and at costs similar to the dominant enterprise.
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when invested at an annual interest rate of 6% an account earned $180.00 of simple interest in one year. how much money was originally invested in account?
$3,000 was originally invested in account when invested at an annual interest rate of 6% an account earned $180.00 of simple interest in one year.
Interest paid by bank = 6%
Principle (invested) is unknown
Rate changed to decimal= 0.06
Time is 1 year
simple interest formula-
I = PRT
180= P *0.06*1
180/.06 = .06P/ .06
3,000 = P
$3,000 was originally invested in account.
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By supporting drivers with benefits such as mobile repair and a no-fee bank account with grocery and gas discounts, lyft would be the result of using what service characteristic?.
Lyft would be the result of using custom contact service characteristics by supporting drivers with benefits such as mobile repair and a no-fee bank account with grocery and gas discounts.
Lyft, Inc., headquartered in San Francisco, California, provides mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery throughout the United States and select Canadian cities.
It is a platform that connects drivers with people and businesses in need of rides. In addition to assisting passengers in getting from point A to point B, drivers in certain markets may choose to deliver essential items such as groceries, medical supplies, and household necessities to people in need.
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at initech, a company dealing in the development, marketing, and support of software products, new employees commonly complain about their jobs. they say that they are not qualified to perform their jobs and that they have a hard time getting motivated. which hr function was performed ineffectively at initech?
Human resource management (HRM) is the hr function was performed ineffectively at initech.
Human resource management (HRM) is the method involved with utilizing individuals, preparing them, repaying them, creating arrangements connecting with them, and creating systems to hold them. As a field, HRM has gone through many changes throughout the course of recent years, giving it a considerably more significant job in the present associations. Previously, HRM implied handling finance, sending birthday presents to workers, orchestrating organization trips, and ensuring structures were finished up accurately — as such, a greater amount of a regulatory job instead of an essential job significant to the progress of the association. Jack Welch, previous President of General Electric and the executives master, summarizes the new job of HRM: "Escape the gatherings and birthday events and enlistment structures. Recollect, HR is significant in great times, HR is characterized in difficult situations"
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the equilibrium price in this market is $2.50 and the equilibrium quantity is 25 units. if the government imposes a tax of $3 in this market, only 10 units will be sold, and the government will receive total tax revenue of: a $20.00 b $75.00 c $60.00 d $100 e $30.00
Tax revenue is the money that the government receives from taxation.
The federal government will get The total tax take is $75.00.
What is tax revenue?Tax revenue is the money that the government receives from taxation. The majority of the government's funding comes from taxes. Sources of income include people, public enterprises, trade, royalties from the sale of natural resources, and/or foreign aid.
Income and profit taxes, Social Security "contributions," taxes on goods and services, commonly referred to as "consumption taxes," payroll taxes, levies on the ownership and transfer of property, and other taxes are all included in the definition of "tax revenue."
A tax revenue is something that all households, businesses, and other institutional entities are required to pay to the government. Direct and indirect taxes generate several types of tax revenue.
The federal government will get The total tax take is $75.00.
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what is proof-of-stake? multiple choice a requirement to define an expensive computer calculation, also called mining, that needs to be performed in order to create a new group of trustless transactions (blocks) on the distributed ledger or blockchain a way to validate transactions and achieve a distributed consensus a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems; it which operates independently of a central bank all of the answer choices are correct.
The proof of stake (PoS) mechanism pays those that verify transactions in diverse ways and upholds the integrity of a blockchain.
Describe proof-of-stake?A consensus mechanism for processing transactions and adding new blocks to a blockchain in cryptocurrencies is called proof-of-stake. A consensus mechanism is a technique for ensuring the security of a distributed database and validating entries.The proof of stake (PoS) mechanism pays those that verify transactions in diverse ways and upholds the integrity of a blockchain.A consensus process called proof of stake is used to validate fresh cryptocurrency transactions. Since blockchains are decentralized, no single entity has any control over them. With proof of stake, a validator is selected at random in part depending on how many coins they have locked up in the blockchain network.Certain consensus procedures employed by blockchains to reach distributed consensus are based on proof-of-stake.To learn more about proof-of-stake refer to:
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programs through which congress provides money to state and local governments on the condition that the funds be employed for purposes defined by the federal government are called
Grants-in-aid was the program through which congress provides money to state and local governments on the condition that the funds be employed for purposes defined by the federal government.
What is a Grants-in-aid ?A government grant is money provided to assist a certain project or activity. In addition to private individuals, recipients include state, local, and municipal governments. Federal aid contributions are financed by income tax collections. Since these are grants rather than loans, there is no need to repay them; instead, funds must be used in accordance with the guidelines established by the federal government for that particular award.
With the help of a federal grant, the government can publicly fund a project while maintaining its independence from the state. Standards and conditions are attached to the money.
University faculty members may be given grants-in-aid to pursue a certain area of research, but there are limitations on how the funds may be utilized.
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talia is the sales rep for atv communication systems. she wants to bid on the rfp issued by state university for distance learning technology. talia knows she will need to provide the university with detailed information, demonstrations of the firm's technology, and training sessions for faculty and students. she will also need to build relationships and learn about the key members of the university's buying center. the type of buying situation is best described as a(n)
Talia is a sales representative for ATV communication systems. She also has to build relationships and learn about key members of the University Mall. The nature of the purchase situation is best described as a new purchase.
A communication system or communication system is a collection of individual telecommunication networks, transmission systems, repeaters, substations and terminals, usually interconnected and capable of working together to form an integrated whole.
As mentioned earlier, the purpose of a communication system is to carry message signals from a source to a destination at a distance from the source. 1 is a block diagram of a communication system; FIG. The system consists of three basic components: transmitter, channel and receiver.
A communication system is a system that describes the exchange of information between two points. The process of sending and receiving information is called communication.
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a(n) enterprise is an organization that sources, markets, and produces its goods and services in several countries to minimize costs, and to maximize profit, customer satisfaction, and social welfare.
Multinational enterprise is an organization that sources, markets, and produces its goods and services in several countries to minimize costs, and to maximize profit, customer satisfaction, and social welfare.
An Multinational Company is a type of corporate entity that owns and manages the production of goods or services in at least one nation other than its own. Control is regarded as a crucial component of an MNC, setting it apart from international portfolio investment companies like some international mutual funds that invest in foreign corporations purely to spread out financial risk.
A firm or organization should be regarded as a multinational corporation, according to Black's Law Dictionary, if at least 25% of its revenue comes from operations outside of its home country. Another name for a multinational corporation is a multinational enterprise (MNE).
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Additional benefits such as health insurance, retirement benefits, or life insurance that are paid by the employer are called benefits.
Additional benefits such as health insurance, retirement benefits, or life insurance that are paid by the employer are called perk benefits.
In a job, all those benefits that you get from a job other than your basic salary is referred to as perk benefits.
It is upon the company for which you that which type of perks they offer. Sometimes, a company might not be offering any perks and just the basic salary.
Perk benefits from a job include health insurance, money at the time of retirement, bonuses etc.
When applying for a job, a company might or might not mention about the perk benefits. However, you can ask about them during the interview.
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thinking about how biomass energy sources are produced and used to generate electricity, why is biomass the biggest source of non-conventional energy in the united states today, despite massive investments in solar energy?
Despite significant efforts in solar energy, biomass is the most important source of non-conventional energy in the United States today because it can be replenished relatively rapidly without irreversibly destroying Earth's natural resources. The majority of biomass power is generated by direct burning.
What is Biomass energy?Biomass is a plant-based resource that is used as a fuel to generate heat or power. Wood and wood leftovers are examples, as are energy crops, agricultural residues, and garbage from industry, farms, and households. Because biomass may be used directly as a fuel (for example, wood logs), some people use the terms biomass and biofuel interchangeably. Others combine two terms into one. Biofuel is defined by government agencies in the United States and the European Union as a liquid or gaseous fuel used in transportation. The Joint Research Centre of the European Union defines solid biofuel as "raw or processed organic materials of biological origin utilized for energy," such as firewood, wood chips, and wood pellets.
Some of the benefits of biomass energy include:
As a renewable energy source, biomass is always and abundantly available.It emits no greenhouse gases.It lessens our dependency on fossil fuels.Is less costly than fossil fuels.Manufacturers gain income from biomass generation.There is less rubbish in landfills.To know more about biomass energy, visit
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when industry leaders have chosen not to compete in a certain niche, a focused strategy allows small producers to multiple choice question. churn out a very large number of products at once. leave a market without being noticed. focus on competing with the largest competitors. avoid competition with the strongest competitors.
There are three fundamental strategy options open to firms for attaining a competitive edge, according Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these.
Which choice for a competitive strategy focuses on a particular market niche?
a targeted differentiation strategy that focuses on a small group of potential customers (or market niche) and outperforms competitors by giving niche members tailored qualities that better suit their preferences and needs than those of competitors' products.
Which tactic enables a business to keep its lead over rivals by charging less?
Cost leadership strategy: The ability of a company to produce goods or services at a lower cost than its rivals is known as cost leadership. The company has a competitive edge over rival companies if it can create a product of the same quality but sell it for less.
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in the solow growth model, increases in capital output and the amount of output used to replace depreciating capital. a) increase; increase b) decrease; increase c) decrease; decrease d) increase; decrease
In the solow growth model, increases in capital increase output and the increase amount of output used to replace depreciating capital.
Option A is correct .
Solow Growth model :
The Solow – Growth model or exogenous growth model is an profitable model of long- run profitable growth. It attempts to clarify long- run profitable growth by looking at capital collection, labor or population growth, and increases in productivity largely driven by technological progress. Solow growth model is a long- term model of profitable growth by looking at three main factors, videlicet capital collection, labor growth, and multifactor productivity. For the ultimate, economists relate to technological process, which affects the other two variables, labor, and capital.
What happens in Solow model when productivity increases?The increase in productivity means that at every position of capital per worker, workers produce further affair. This also means that at a given rate of saving, further is invested. So there's an original increase in affair and investment due to the change in productivity.
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bill buyer and sam seller have entered into a contract. bill has inserted a provision that the contract is contingent upon his selling his home for an acceptable price. what is the status of the contract?
Bill buyer and sam seller have entered into a contract. bill has inserted a provision that the contract is contingent upon his selling his home for an acceptable price, the status of the contract ---The contract may be void because the contingency is too vague.
What are the rules of contingent contracts?A contingent contract might be grounded on the non-happening of an uncertain future event. In similar cases, the pledge is liable to do or not do commodity if the event doesn't be. still, the contract can not be executed by law unless passing of the event becomes insolvable.
What's contingent contract illustration?Contingent Contracts in simple words means these are those contracts where a pledge is tentative and grounded on some passing and non-happening of some uncertain future event, the contract shall perform. The contracts of insurance, guarantee, and insurance are some exemplifications of contingent contracts.
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