The formula of compensation of employees is by taking (a total annual salary ÷ the number of pay periods for a gross base salary figure). Compensation may include base salary, incentives, wages and also commission.
Total employee compensation or also known as compensation of employees is made up of benefits that employee have, employee salaries, and other incentives. The base salary is what an employee is paid as wages or can be described as employee salary. Benefits that employee have might include things like health insurance, and paid time off. Incentives can include profit sharing or annual bonuses.
Compensation can be describing as the cash rewards that paid to employees in exchange for the services they already provide. Compensation may include base salary, incentives, wages and also commission. Total compensation of employees includes cash rewards as well as any other company benefits.
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A domestic shoe company distributes running shoes and tennis shoes for $95 per pair to it domestic shoe retailers. The marginal cost of producing a pair of running shoes is $60 and the marginal cost of producing a pair of tennis shoes is $45. Ignore any potential issues of bundling the two types of shoes together as part of the sale and any competitive effects that international sales might have on current domestic sales. A Chinese retailer offers to purchase running shoes for $55 per pair and tennis shoes for $55 per pair, for distribution in China. Is the marginal revenue from selling running shoes to the Chinese retailer greater or less than its marginal cost? a. Marginal revenue from selling running shoes to the Chinese retailer is equal to its marginal cost. b. Marginal revenue from selling running shoes to the Chinese retailer is less than its marginal cost. c. Marginal revenue from selling running shoes to the Chinese retailer is not provided in the question above. d. Marginal revenue from selling running shoes to the Chinese retailer is greater than its marginal cost.
b). The marginal revenue from selling running shoes to the Chinese retailer is less than its marginal cost.
A financial and economic calculation that determines how much revenue a company earns for each additional unit sold is known as marginal revenue. The marginal revenue from selling running shoes to the Chinese retailer would be the price of the shoes minus the marginal cost of producing them.
In this case, the price of the shoes is $55 and the marginal cost is $60, so the marginal revenue would be $55-$60=-$5. This is less than the marginal cost, so it is not profitable for the company to sell running shoes to the Chinese retailer.
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Some sources of assistance for helping an entrepreneur with starting, running, and staying in business
Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the amount of interest paid?
The amount of interest paid by Brendon Walsh is equal to $9,000.
How to calculate simple interest?Mathematically, simple interest can be calculated by using this formula:
S.I = PRT or S.I = A - P
Where:
S.I represents the simple interest.P represents the principal or starting amount.R represents the interest rate.A represents the future value.T represents the time measured in years.Substituting the given parameters into the simple interest formula, we have;
S.I = 30,000 × 6/100 × 5
S.I = 30,000 × 0.06 × 5
S.I = $9,000.
In conclusion, we can logically deduce that the amount of money paid as interest by Brendon Walsh is $9,000.
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Which of the following is a characteristic of a scrum master mcq?
However, as a scrum master you are listening, comprehending, repeating, summarizing, energizing, observing, writing, simplifying, critiquing, suggesting, asserting, chatting, presenting - all in one.
Which of the following is a characteristic of a Scrum Master?To sum up, Scrum Masters share at least 6 traits: They are responsible, humble, collaborative, committed, influential, knowledgeable. And the first-rate Scrum Masters also recognize when to abide through the rules and when to wreck the rules.
A Scrum master is both a facilitator and educate who helps the Scrum team and broader business enterprise apprehend and practice Scrum principle and practice. The Scrum master helps the Scrum team work extra efficaciously by skillfully doing away with limitations and distractions that may additionally hinder the crew from meeting goals.
Which of the following is a characteristic of a scrum master mcq?responsible, humble, collaborative, committed, influential, knowledgeable.
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https://brainly.com/question/28918730#SPJ4Lengthening a product line beyond its current range is referred to as product line ________.
A) filling
B) strengthening
C) mixing
D) stretching
E) widening
Lengthening a product line beyond its current range is referred to as product line stretching.
Product Line stretching refers to expanding an existing product line. There are three possible outcomes: upward, downward, or both ways. A product line is a collection of related items sold under a single manufacturer. The majority of brands provide a variety of linked goods and services under a single brand name.
Companies view product diversity as one of the most reliable and effective strategies for maintaining their current clientele and increasing sales. A product line's major goal is to keep clients who are devoted brand advocates. These clients are more inclined to buy new items because of their prior favorable brand experiences since they respond favorably to a certain brand.
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A brand assigned to each product within a company's product mix is a(n) ________ brand.
a. generic
b. individual
c. co-brand
d. family
e. manufacturer's
Answer:
c
Explanation:
c. co- brand is a brand assigned to each product
the b2b electronic exchange differs from global supply management in that it focuses on _____.
the b2b electronic exchange differs from global supply management in that it focuses on specific industry A usually characterized subset of economic activity is called "industry.
" Manufacturing industry is a particular type of economic activity that often takes place in facilities using machines. the larger industrial sector of an economy, which encompasses production of various intermediate or finished commodities in addition to manufacturing the shared traits and manufacturing techniques of an industrial civilization the development of an industrial civilization via industrialization An organization's and activity's in the economy are categorized by industry.
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Which economic system do you think is the most effective in dealing with the problem of scarcity?
Capitalism can function only under conditions of scarcity.
Scarcity is no longer an issue, at least not in its original form. If used for this purpose, the technological resources currently available are sufficient to meet all human demands. However, capitalism is unable and unwilling to accomplish this.
Only in times of scarcity can capitalism thrive. It limits productive potential and wastes resources, continually reinforcing a false scarcity. That is the modern manifestation of the scarcity problem.
Only when resources are brought under the democratic control of the entire community will society overcome that problem.
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How do you deal with impediments in scrum?
Any obstacle whether technical, individual, or organizational—that impedes the delivery of goods to customers must be removed. It is always the team's responsibility to bring obstacles to light as they appear rather than burying them in the hope that they will go away.
What are the scrum impediments?
A Scrum Master can take on a variety of stances and roles. Depending on the circumstance and context, a great Scrum Master is aware of them and knows when and how to apply them. everything that aims to make it easier for people to comprehend and use the Scrum framework.
I'll discuss the various viewpoints I believe the Scrum Master should take in a series of blog posts. This blog post discusses the role of the scrum master in removing obstacles. I'll go over the most typical definitions and illustrations of impediments, the Scrum Master's role in removing them, and strategies for doing so.
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A major challenge in inventory management is to maintain a balance between inventory investment and customer service.
A major challenge in inventory management is to maintain a balance between inventory investment and customer service.
Businesses may decide which products to order when and in what amounts by using inventory management. Inventory is monitored from the time that products are purchased until they are sold. In order to ensure that there is always enough inventory to fulfil customer orders and that there is timely warning of a shortage, the approach recognises patterns and responds to them.After being sold, inventory becomes a source of revenue. Even while inventory is shown on the balance sheet as an asset, it still requires upfront payment. Therefore, owning too much stock causes costs and reduced cash flow.One indication of efficient inventory control is inventory turnover.
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The complete question is here:
A major challenge in inventory management is to maintain a balance between inventory investment and customer service.
True (Introduction, easy)
rising per capita consumption of goods and rising population growth lead to ________.
Growing population and rising per capita consumption of products result in increased resource use, waste production, and pollution.
Why do more wastes get produced with an increasing population?One of the two main ways that so many people have an effect on the environment is through the consumption of resources like land, food, water, air, fossil fuels, and minerals. Pollutants in the air and water, as well as toxic compounds and greenhouse gases, are waste products from consumption.
How is the utilization of resources impacted by population growth?Despite this, a rapidly growing population continues to be the main factor contributing to environmental degradation and endangering the sustainable use of natural resources. It decreases the quality and quantity of natural resources through overuse, intensive farming, and land fragmentation.
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Question 6 of 10
Which of the following is a best practice for accountants when using the
telephone at work?
A. rehearse what they will say before calling.
OB. speak as quickly as possible to avoid wasting time
OC. wait a few seconds before answering the phone
OD. avoid putting the caller on hold for any reason
Answer:
OD. Avoid putting the caller on hold for any reason.
Explanation: It will irritate the caller, then they can report you or get you fired.
Hope this helps!
Answer: D. avoid putting the caller on hold for any reason
Explanation: When it comes to using the telephone at work, accountants should follow certain best practices to ensure effective communication and maintain professionalism. One of these best practices is to avoid putting the caller on hold for any reason, if possible.
Putting a caller on hold can be seen as disrespectful and can give the impression that their time is not valued. However, there may be situations where putting a caller on hold is necessary, such as when the accountant needs to retrieve information or consult with a colleague. In such cases, it is important for the accountant to inform the caller about the reason for the hold and provide an estimated time for the hold.
By avoiding putting the caller on hold for unnecessary reasons, accountants demonstrate professionalism, respect, and good customer service. It helps to create a positive experience for the caller and maintains a good reputation for their business. Accountants should strive to handle calls knowledgeably, efficiently and provide assistance promptly to ensure effective communication and customer satisfaction.
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Suppose your role at an insurance firm is to enlist 100 individuals per year in health insurance. You would most likely be classified as a(n):
Suppose your role at an insurance firm is to enlist 100 individuals per year in health insurance. You would most likely be classified as a american revolution .
Between 1765 and 1791, british america underwent a philosophical and political change known as the american revolution. The Thirteen colonies' americans drafted free expresses that decimated the british throughout the american war. American homesteaders complained about being burdened by the British Parliament.
A body they had no direct representation in. Before the 1760s, the british colonies in America enjoyed a high degree of internal autonomy, which was individually represented by numerous legislative organisations. In any case, during the 1760s, the british parliament implemented a number of measures intended to gradually integrate the economies of the states with those of britain and bring the american provinces under more direct control of the british metropole.
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19. which of the following statements are true? a. qualified dividends are part of the total ordinary dividends. b. qualified dividends qualify for lower, long-term capital gains tax rates. c. qualified dividends are reported on form 1099-div. d. all of the above.
the entire list A fraction of the total ordinary dividends are qualified dividends.
How do you define a dividend?A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a firm determines its dividend, which requires shareholder approval.
A good dividend is what?High enough to cover your present income demands, a respectable dividend yield. however, low enough to imply that a company's payout is not under jeopardy. When these conditions are met, dividend yields will normally range between 2% and 5%.
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Decisions related to allocating expenses include: (Check all that apply).O how to allocate service department expenses O how to allocate indirect expensesO how to allocate direct expenses O how to allocate operating department expenses
The correct option is A. Decisions related to allocating expenses include how to allocate service department expenses.
An expense is an item requiring an outflow of money, or any form of fortune in popular, to every other character or group as payment for an object, service, or other class of prices. For a tenant, rent is a rate. for college students or dads and moms, training is a price. shopping for food, apparel, furnishings, or a car is often known as a rate. A fee is a fee this is "paid" or "remitted", usually in exchange for something of the fee. something that appears to price an exceptional deal is "highly-priced". something that seems to feel little is "less expensive". "expenses of the desk" charges for eating, refreshments, a banquet, etc.
In accounting, price is any particular outflow of coins or different valuable property from someone or an employer to another person or company. This outflow is commonly one facet of a change for products or services which have equal or higher modern or future costs to the purchaser than to the seller. Technically, a rate is an event in which a proprietary stake is faded or exhausted, or a legal responsibility is incurred. In terms of the accounting equation, prices reduce proprietors' equity.
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Who did the Open Door Policy involved?
The open door policy involves the United States of America. The Open Door policy was drafted by the United States. It is related with the activity in China.
This Open door policy supported equal privileges for all the countries trading with China. It also reaffirmed China's territorial and administrative integrity. It is the United States diplomatic policy established in the late 19th and early 20th century. It was proposed by U.S. Secretary of State John Hay and supported by President William McKinley. The Open Door Policy provided that:
All nations should be allowed to reciprocal free access to any Chinese port or commercial market. Only the Chinese government should be allowed to collect trade-related taxes and tariffs.None of the powers having a sphere of influence in China should be allowed to avoid paying harbour or railroad fees.To know more about Open door policy refer to-
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The United States' foreign policy with China in particular is described by the term "Open Door Policy." Almost immediately before the Boxer Rebellion, it was established in 1899. After the Communists won the Chinese Civil War in 1949, it was formally abandoned, but in 1978 China established its own Open Door Policy, which has persisted till the present day.
John Hay, the secretary of state, drafted a fictitious treaty called the Open Door Policy. Regardless of how China felt, it compelled China to accept commerce with any nation that wished to establish a business partnership. Although it was an unenforceable policy, the Chinese government initially accepted it in a way that led to political upheaval and insurrection.
What was the Open Door Policy's purpose?
It was primarily designed to provide the United States and other Western nations access to the raw materials and finished goods that China had to offer. The Open Door Policy was based on three basic tenets:
1. Recognition of all nations' rights to trade with China and a commitment to refrain from interfering with other nations' commercial endeavors
2. Recognition of China's authority to collect tariffs on its own behalf.
3. Preventing high tariffs or rights restrictions on other nations that did business with China.
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How do you explain a VLOOKUP in an interview?
VLOOKUP is used to locate the data in a massive spreadsheet with the aid of look up price in any other worksheet. To use the search for function, we have frequent values in both data. For example, we want to search for the cellphone number of a person.
What is VLOOKUP quick answer?In its simplest form, the VLOOKUP characteristic says: =VLOOKUP(What you favor to seem to be up, where you want to look for it, the column wide variety in the vary containing the value to return, return an Approximate or Exact in shape – indicated as 1/TRUE, or 0/FALSE).
How many kinds of VLOOKUP are there?VLOOKUP has two matching modes
In these cases, you in all likelihood won't locate the exact search for fee in the table. Instead, you desire VLOOKUP to get you the fantastic suit for a given look up value.
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https://brainly.com/question/17145318#SPJ4What is the 10-year to 3-month term premium of the following yield curve?
The compensation investors need to cover the possibility that interest rates would fluctuate over the course of the bond's tenure is described as the term premium in yield curve.
What is the following yield curve's premium for terms of 10 years to 3 months?Interest premium is the interest rate that is payable in addition to the reference rate as part of the credit interest, or, to put it another way, a portion of the interest rate determined as the difference between the credit interest rate and the reference rate; We know that the term premium can be described either as an excess return above the risk-free rate on a specific time horizon or as a bias between the nominal forward rate at time t and the future nominal spot rate at time t + 1. This is in accordance with the expectations theory. You may help safeguard your family while staying inside your budget with a level premium term life insurance plan. This kind of term plan offers prices that remain the same for the time you choose, even as you age or as your health changes, in contrast to some stepped rate plans that increase every year as your age.
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Can I learn Excel in 3 days?
If we practice every day and dedicate around 2-3 hours every day to learn the concepts, then you can learn it within four weeks. To master the concepts in Excel, you need to use the tricks and formulas on a daily basis.
Can we learn Excel in 3 days?Excel is a complicated programme with many user interface tools, most of which are only sometimes used by users. However, the subset chosen will change depending on the job being done.
A quality control engineer likely uses statistics extensively in their work.
For a new task, a cost accountant might start by using PivotTables. VBA macros will be used by someone redesigning workflow to automate repetitive processes.
You should take on a variety of assignments that call for various talents if you want to develop your Excel prowess.
In Excel, there are always a variety of ways to complete each task. Aaron Blood, an Excel expert, created a list of Excel skills that described various levels of proficiency some time ago.
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banks hold people's cash for free, and sometimes even pay for the privilege of holding it, because:
Banks hold people's cash for free, and sometimes even pay for the privilege of holding it, because deposits allow banks to make profitable loans.
Banks may keep deposits on hand for a variety of reasons, but they often do so to close the account from your account from being refunded. In other words, before granting you access to the cash, the bank needs to make sure that the transaction is valid.
The amount you deposit may need to be transferred from the payer's bank to your bank over a period of days, based on the type of deposit involved. In the meanwhile, putting a hold on either of those deposited funds enables the payment to pass through your account. Without a hold, you might use your debit card to write cheques, pay bills, or make purchases using your available funds. Your bank would be liable for such expenses if the cheque you placed was ultimately returned due to insufficient funds.
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How can you monitor cost performance in a project?
Setting project milestones is an excellent way to monitor your spending as you work on a project.
What are Projects?Project management is the process of monitoring a team's activity to complete all project goals within the established parameters.
The project documentation that is created at the beginning of the development process typically includes explanations of this information.
Setting project milestones is a fantastic approach to keeping an eye on your spending while working on a project.
You may evaluate your spending and make sure the project is remaining under scope at each milestone.
After that, you can decide how to cut expenses going ahead if you find cost overruns at any particular milestone.
Therefore, setting project milestones is an excellent way to monitor your spending as you work on a project.
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compensation through time or money or a formal apology to make amends for a past transgression or harm is known as
Accommodation is the act of making up for a past wrong or harm by providing compensation in the form of time, money, or a formal apology.
What impact did Plessy v. Ferguson have?A Louisiana state law that permitted "equal but distinct accommodations for the white and colored races" was maintained by the Supreme Court's decision in this case. Three amendments to the Constitution and other measures approved by Congress during the Reconstruction era guaranteed political rights for Black Americans. Three amendments to the compensation and other measures enacted by Congress during the Reconstruction era guaranteed political rights for Black Americans. The Civil Rights Act of 1875 made a particularly sweeping attack on racial discrimination. The phrase "the full and equal enjoyment of any of the accommodations, advantages, facilities, and privileges of inns, public conveyances on land or water, theatres, and other places of public amusement; subject only to the conditions and limitations established by law, and applicable equally to citizens of every race and color" was used in this piece of legislation.
The Supreme Court invalidated the 1875 law in 1883, holding that the 14th Amendment did not grant Congress the power to forbid discrimination by private parties. victimized by People who experienced racial discrimination were advised to turn to the states rather than the federal government for help. State governments were also passing laws that formalised racial inequalities at the time. The majority of regulations required the establishment of separate schools for children of each race; nevertheless, "Jim Crow" legislation quickly expanded segregation to most public and semi-public facilities.
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What are the factors that influence internal factors?
External elements that can have an impact on internal factors include economic conditions, technological advancements, geopolitical developments, legal and regulatory changes, customer preferences, and competition.
What external elements have an impact on internal factors?External elements can have a significant impact on internal factors. The external environment is made up of numerous elements such as the economy, political environment, technological advances, and the competition. Each of these elements can have an impact on internal factors.The economy can have a major influence on internal factors such as sales, profits and expenses. When the economy is strong, businesses may have an easier time increasing sales and profits. However, when the economy is weak, businesses may struggle to stay afloat and may need to make cuts to their expenses.Technological advances can also have an impact on internal factors. Businesses need to stay up to date with the latest technology if they want to remain competitive. Failure to do so can leave a business at a disadvantage compared to its competitors.Finally, competition can also have an impact on internal factors. Competition can drive down prices and force businesses to become more innovative and efficient. Companies that are unable to compete may be at risk of going out of business.To learn more about the factors that influence internal factors refer to:
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ECONOMICS
Which of the following is a primary difference between a privately held corporation and a public corporation? (1 point)
O Shares of privately held corporations are traded on stock exchanges.
O Shares of public corporations are traded on stock exchanges.
Public corporations may issue stock.
O Privately held corporations may issue stock.
Answer:
A.Shares of privately held corporations are traded on stock exchanges.
B.Shares of public corporations are traded on stock exchanges.
Explanation:
Answer: the answer is B Shares of public corporations are traded on stock exchanges.
Explanation:
The correct answer is b: Shares of public corporations are traded on stock exchanges.
A primary difference between a privately held corporation and a public corporation is that shares of public corporations are traded on stock exchanges. This means that the ownership interests in public corporations, represented by shares of stock, are publicly available for purchase and sale by individual and institutional investors on stock exchanges. The ability to trade shares on stock exchanges provides liquidity and allows for a broader ownership base.
On the other hand, privately held corporations are not traded on stock exchanges. The ownership of privately held corporations is typically limited to a smaller number of individuals, often founders, investors, and employees. The shares of privately held corporations are not available for public trading on stock exchanges. Instead, ownership transfers typically occur through private transactions, such as sales or transfers of shares between existing shareholders.
While both privately held and public corporations may have the ability to issue stock (c), the key distinction is that only public corporations have shares that are traded on stock exchanges (b).
What is accrual accounting entries?
Accrual accounting entries recognize revenues and expenses when they are earned or incurred, regardless of when the cash is received or paid.
Accrual accounting is a method of accounting in which revenues and expenses are recorded when they are earned or incurred, rather than when the cash is received or paid.
This method better matches income and expenses to the period in which they were actually earned or incurred. For example, a company may deliver a service in December and invoice its customer in January, but under accrual accounting, the revenue is recorded in December when the service was provided.
Accrual accounting helps to ensure that the financial statements reflect the true performance of the company. Accrual entries are usually made at the end of an accounting period and may include such items as accounts receivable, accounts payable, depreciation, amortization, and interest.
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Which of the following are determinants of demand for a product/service?
Price of the product/service
Income of the buyer
Desire to purchase the product/service
All of the above
'All of the above' are determinants of demand for a product/service.
What are Determinants?
Determinants are factors that influence the outcome of a business decision or activity. These can include economic, social, political, environmental, technological, legal, and competitive conditions. Determinants can also include customer preferences, industry trends, and employee morale. Understanding and analyzing these factors is essential to making informed decisions and achieving long-term success.
All of the above are determinants of demand for a product/service. The price of the product/service is a key determinant of demand, as it affects the buyer’s ability to purchase the product or service. The income of the buyer also has an impact on demand, as it determines the amount of money available to be spent on the product/service. Finally, the desire to purchase the product/service is also a determinant of demand, as it affects the buyer’s motivation to buy.
Hence, Option D is correct.
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The greater the ________ of a purchase, the higher the consumer's level of involvement will be.A) perceived riskB) cognitive dissonanceC) psychographicsD) heuristicsE) targeting
The greater the of a purchase, the higher the consumer's level of involvement will be perceived risk.
The subjective assessment that people have of a risk's qualities and seriousness is known as risk perception. Real dangers are perceived differently because they are influenced by a variety of emotive, cognitive, environmental, and individual factors.
When there are large disparities between brands as well as when the consumer is heavily involved throughout the purchase, complex buying behavior emerges. The acquisition of a new house or a computer may be related to this behavior.
Therefore, the correct answer will be option (A)
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3. The discount rate is the
A. targeted inflation rate for an economy
B. nominal interest rate charged by financial intermediaries when they advance loans.
C. interest rate that the Fed charges on the loans it makes.
D. ongoing taxation rate in an economy.
4. The main liability on the Federal Reserve's balance sheet is
A. capital. B. the monetary base. C. securities. D. discount loans.
5. Third Bank has reserves of $12.3 million and transaction accounts of $115 million. If required reserves are 10 percent of transactions accounts, Third Bank has excess reserves of
A. $0. B. ?$0.8 million. C. $0.08 million D. $0.8 million
The discount rate is the interest rate that the Fed charges on the loans it makes. The main liability on the Federal Reserve's balance sheet is discount loans.
The current value of money paid or received in the future is determined using discount rates.In the cost-benefit analysis, this calculation is used to convert all project-related economic flows into a single year's worth of dollars so that costs and benefits can be compared.
The rates used are typically around 10%, but you should compare them to rates between 5% and 15% to see if the discount rate affects the project's viability. The World Bank or the concerned nation's government define it. The rate of return that financial institutions will experience when they repay the loans they have granted to other institutions is called the discount rate. The amount of money that needs to be worth in order for a financial institution to be able to use that amount of money is called the present value of that amount. The net present value of the money that an institution plans to lend, invest, or spend is determined using the discount rate, allowing the institution to make the best decision for their business.
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Select the correct answer.
Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which
department should he consult?
OA human resources
OB. operations
OC. finance
OD. marketing
Answer:
B. Operations
Explanation:
Karson should consult the operations department to find out if 100 bottles were produced and dispatched to the market, as the operations department would have oversight over such production and shipping tasks.
Which of the following are common functions of the central bank?
A.Conduct of monetary policy
B.Lending to the general public
C.Supervising the stock market
D.Lending to the commercial banking system
The com-mon functions of the central bank are A. Conduct of mone-tary policy and D. Lend-ing to the commercial bank-ing system.
A central bank, rese-rve bank, or monetary authority is an insti-tution that manages the cur-rency and monetary policy of a country or mone-tary union, and over-sees their commercial bank-ing sys-tem. In contrast to a com-mercial bank, a central bank posses-ses a mono-poly on increasing the mone-tary base.
In the banking sys-tem, the central bank is reco-gnized as the most power-ful financial institution. It is consid-ered to be an import-ant part of a country's eco-nomic and financial structure. The central bank is an indepen-dent authority in charge of super-vising, regulating, and stab-ilizing the country's monetary and banking frame-work.
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joint ventures are _____ in scope and _____ in purpose than non-joint ventures.
Joint ventures are not considered separate legal entities and last longer in purpose than non-joint ventures.
A business enterprise known as a joint venture (JV) is one that has two or more partners and is distinguished by shared ownership, opportunity and risk, and corporate governance. One of four justifications is frequently used to create joint ventures: Obtain entrance to new markets, particularly developing ones. Consolidate your assets and operations to achieve scale-based efficiencies.
To divide the dangers involved in big projects and investments. or to have access to abilities and knowledge. While incorporated firms make up the bulk of joint ventures, certain "unincorporated" joint ventures, including those in the oil and gas industry, mirror corporate forms.
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