Setting prices that will capture some of what customers will save by substituting the firm's product for the one currently being sued is called:
marginal analysis pricing
cost-oriented pricing
value capture
value in use pricing
psychological pricing

Answers

Answer 1

Marginal analysis pricing is the process of determining prices that will cover some of the money consumers will save if they choose the company's product instead of the one that is the subject of the lawsuit.

Reference pricing is a component of psychological pricing since it is the cost of the product that consumers use as a benchmark when deciding whether or not to purchase it. It is customary for reference prices to be listed alongside the product's price so that customers may compare the variations in rupee terms. To determine your first pricing, sum up all the expenses related to bringing your product to market, then add your profit margin on top of those costs. One of the easiest methods for setting the price of your product is this tactic, which is known as cost-plus pricing. Loss Leader Pricing is the practice of selling a product at a cheap price (i.e., at or below cost) in order to draw customers and boost sales of other profitable items.

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Related Questions

A job analysis report transforms the analysis into three components: an
analysis, a summary, and
?

Answers

Work activities, worker attributes, and work context are the three main categories of data used in job analysis.

What is Job analysis?

Work analysis is the process of gathering all the essential details about a certain job, including the tasks involved, the knowledge and skills needed to accomplish the job, and the responsibilities and skills necessary for the job to be performed successfully.

One of the most crucial tasks carried out by a human resource manager is job analysis. By defining the relevance, definition, and technique of "job analysis" with an emphasis on the job description & job specification, which are seen as the process's output, this article will help readers understand the concept.

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Rooms booked well in advance may receive a lower rate than those rooms booked at
the last minute. What term best refers to this concept?
ADR
Orack rate
yield management
accounting services

Answers

Answer:

Explanation:

The answer is c. 200 rooms

If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27

Answers

The range between $3 and $27 is three standard deviations away from the mean.

Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.

According to the given information, the population mean is $15, and the population standard deviation is $4.

This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.

Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.

The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.

To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.

The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.

To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.

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“EBIT is generally considered to be independent of financial leverage, because EBIT is the result of a firm’s operating effectiveness. However, with an excessive debt levels, EBIT might actually be influenced by financial leverage.”

Comment on the statement above.

Answers

Answer:

The answer is below

Explanation:

EBIT is known as an accounting measure to determine the profit level of a firm. It is an acronym of Earnings Before Interest and Taxes.

EBIT is generally considered to be independent of financial leverage because EBIT is the result of a firm’s operating effectiveness.

This is true because, EBIT is based on the firm's level of sales and cost of operation, of which financial leverage has no effects on it.

However, with excessive debt levels, EBIT might be influenced by financial leverage.

This implies that even though the financial leverage of a firm has no direct influence on EBIT, in a situation whereby a firm is operating at huge deficits, every aspect of the film will be concerned. This will include staff, customers, investors, and operational activities, thereby affecting the firm's sales and cost of operation. As a result, this will ultimately affect the firm's EBIT.

Does the requirement to walk an average of eight or nine miles at a fast pace every day strike you as a reasonable expectation for employees at Amazon, or any other workplace?

Answers

The requirement to walk an average of eight or nine miles at a fast pace every day strike as a reasonable expectation for employees at Amazon Distribution center, or  workplace like warehouses.

What is a Amazon Distribution center?

Amazon is online ecommerce platform where goods are sold via use internet & electronic device. Amazon has large distribution centers across the globe. The Employees who work there have great amazon pace in movement of goods.

The Amazon Pace is a quick, aggressive walk, verified that the typical workers walks between eight and nine miles every shift.

These workers are referred to as "pickers," and it is their responsibility to swiftly fill orders and transport them to the processing and packing center. The center's layout, which is a trade secret, produces a random distribution of products.

Therefore there is material requirement of quick pace in Amazon centers as well as places like warehouses.

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6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec​

Answers

a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

How to explain the working

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek

"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.

Answers

Answer:

College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.

The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.

What are the dimensions of organizational climate in restaurant management?

Answers

These 17 dimensions of organizational climate include: autonomy, integration, involvement, supervisory support, training, welfare, formalization, tradition, innovation and flexibility, outward focus, reflexivity, clarity of orga- nizational goals, efficiency, effort, performance feedback, pressure to produce,

How often should a business prove cash?
O A. as often as necessary
OB. only once a year
OC. only once a month
D. only after a bank reconciliation

Answers

Answer:The answer is A

Explanation:

Can independence in fact or independence in appearance stand alone?

Answers

Independence in fact is the foundation that gives substance and meaning to a person's independence, while independence in appearance focuses on the external projection of independence

Distinction between independence in fact and independence in appearance

Independence in fact: This refers to a person's actual ability to make decisions, take action, and manage their own affairs without relying heavily on others.

Independence in appearance: This pertains to how independent a person appears or is perceived by others. It focuses on the external manifestations

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Timeless Corporation issued preferred stock with a par value of $600. The stock promised to pay an annual dividend equal to 20.0% of the par value. If the appropriate discount rate for this stock is 13.0%, what is the value of the stock

Answers

Answer:

$923.08

Explanation:

Calculation to determine the value of stock

Annual Dividend = 20%*600 = D = 120

Discount rate = r = 13% = 0.13

Value of the preferred stock can be calculated using the perpetuity formula:

Value of the dividend = P = D/r = 120/0.13 = $923.08

Therefore the value of stock is $923.08

Emma is the team lead at a data analytics firm. She believes in encouraging her team members to fulfill their job responsibilities by rewarding them when they achieve their goals and punishing them when they don’t. Based on her leadership style, her team consistently meets company expectations. Based on the scenario, is Emma exhibiting transformational leadership? If you think she is, explain why by including and describing two specific types of transformational behavior based on the scenario. If not, explain how she can exhibit transformational leadership by including and describing two specific types of transformational behavior.

Answers

Answer:

Emma is not exhibiting transformational leadership style

Explanation:

As per the scenario mentioned in the question, it is noted that Emma is not exhibiting transformational leadership style instead this is an example of transactional leadership style.

In order to exhibit transformational leadership, Emma will need to motivate and encourage her employees to accomplish and adapt to change that help grow and achieve future success of the organisation. This can be done by setting an example at her level through developing a strong sense of corporate culture, independence and employee ownership in the workplace.

Another behaviour she could exhibit is by avoiding micromanagement. Instead she should train her employees to make decision on their own and take responsibility of their work. This way employees will have space to think creatively and will work to find solutions to the problems faced by them in their workplace.

What are Uber's options in handling California AB5, an attempt to reclassify Uber's drivers as employees? What potential impact would each decision have?

Answers

The potential impacts of each decision with regard employee classification include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

What is the explanation for the above response?


Uber's options in handling California AB5 are as follows:

Comply with AB5 and reclassify drivers as employees, which would result in significant increases in labor costs and potential loss of driver flexibility.

Contest AB5 and argue that their drivers are independent contractors, which could lead to legal battles and potentially a negative public image.

Seek a compromise with California lawmakers, such as creating a new worker classification that falls between employee and independent contractor, which could help maintain some flexibility for drivers while also providing certain benefits.

The potential impacts of each decision include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

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Which is the opposite of a surplus?
inelastic
shortage
equilibrium
floor

Answers

Answer:

The opposite of a surplus is a shortage.

Explanation:

The opposite of a surplus is a shortage.

Answer:

Explanation:

dearth  or even

shortage

Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000). May 5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Company under credit terms 2/10, n/60. The goods cost Allied $15,000. May 7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory. May 8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount. Prepare the appropriate journal entries for Macy Company to record each of the May transactions. Macy is a retailer that uses the gross method and a perpetual inventory system; it purchases these units for resale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

78,250 will be the total of the journal entry that will be made of the Allied Merchandisers.

What is a journal entry?

All budget management is documented in journal entries. Any trading performance that has an effect on the firm is a purchase, in the broadest sense.

3 May

Merchandise inventory  $20,000

Cash $20,000

5 May

Accounts receivable – Macy Co. 21,000

Sales revenue 21,000

Cost of goods sold 15,000

Merchandise inventory 15,000

7 May

Sales return and allowance 1,750

Accounts receivable1,750

Merchandise inventory 1,250

Cost of goods sold 1,250

8 May

Sales return and allowance 300

Accounts receivable 300

15 May

Cash 18,571

Discount allowed 379

Accounts receivable 18,950

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The question is incomplete, Complete question is:

Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. Prepare journal entries to record the following transactions for Allied assuming it uses a perpetual inventory system and the gross method. (Allied estimates returns using an adjusting entry at each year-end.)

May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000).

5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2∕10, n∕60. The goods cost Allied $15,000.

7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory.

8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied sends Macy a credit memorandum for $300 toward the original invoice amount to compensate for the damage.

15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount.

In reviewing the Generally Accepted Auditing Standards (GAAS), there are three main conduct expectations identified, as follows:

Independence
Due care
Technical training and proficiency

Answers

The three main conduct expectations identified in the Generally Accepted Auditing Standards (GAAS) are independence, due care, and technical training and proficiency.

Independence requires the auditor to maintain an objective and impartial attitude throughout the audit process, avoiding any relationships or situations that could compromise their objectivity. Due care requires the auditor to exercise professional skepticism and diligence in planning, performing, and reporting on the audit.

Technical training and proficiency require the auditor to possess the necessary knowledge, skills, and expertise to effectively carry out the audit engagement, staying current with industry developments and professional standards. These conduct expectations serve as a foundation for ensuring the quality and integrity of audit engagements.

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--The complete question is, What are the three main conduct expectations identified in the Generally Accepted Auditing Standards (GAAS)?--

I am not a very adventurous person on the job.

Answers

what is the question supposed to be?

The adjective in your statement is "adventurous."  It depicts the sort of individual you are, showing that you are not leaned to face challenges or search out new encounters in your work.

A Adjectives is a word that depicts or changes a thing or pronoun. It gives extra data about the thing or pronoun by giving insights regarding its quality, size, shape, variety, and so forth. Modifiers can be utilized to improve depictions and give more clear and explicit implications.

Adjectives are utilized to give more data about things or pronouns in a sentence. Generally, descriptive words assume a vital part in adding profundity, explicitness, and subtlety to our language, permitting us to communicate an extensive variety of data about our general surroundings.

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Your question is incomplete, probably the complete question is-

I am not a very adventurous person on the job. What is the adjective here?

what lead to Henry Ford's success

Answers

The creation and perfection of the industry line

Answer:

Henry Ford made a car that was affordably for people to buy.

Explanation: just is

The accompanying graphs illustrate an initial equilibrium for the economy. Suppose that oil prices increase temporarily.

Use the graphs to show the new positions of aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) in both the short-run and the long-run, as well as the short-run (ESR) and long-run (ELR) equilibria resulting from this change. Then answer what happens to the price level and GDP.

Answers

In response to the temporary increase in oil prices, the short-run equilibrium experiences a higher price level and lower GDP, while the long-run equilibrium sees a higher price level and unchanged GDP.

In the short-run, the AD curve shifts leftward due to the increase in oil prices. This is because higher oil prices increase production costs for firms, leading to reduced consumption and investment spending by households and businesses.

As AD shifts leftward, it intersects with the SRAS curve at a new short-run equilibrium (ESR). At this new equilibrium, the price level increases while GDP decreases compared to the initial equilibrium.

In the long-run, the SRAS curve adjusts to the higher oil prices as firms gradually reduce production and adjust their input costs. This adjustment reflects the fact that higher oil prices affect the overall cost structure of the economy.

As the SRAS curve shifts leftward, it eventually intersects with the LRAS curve at a new long-run equilibrium (ELR). At this equilibrium, the price level is higher than the initial equilibrium due to the higher oil prices. However, GDP returns to its potential level determined by the LRAS curve.

Therefore, in response to the temporary increase in oil prices, both the price level and GDP initially decrease in the short-run but eventually stabilize in the long-run, with a higher price level and unchanged GDP compared to the initial equilibrium.

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Explain why different communication methods are used in the business environment?​

Answers

Answer:

Different communication methods are used in different circumstances because sometimes a certain method will be more effective in terms of cost, time and impact, and sometimes it will be more appropriate.

Explanation:

Different communication methods are used in the business environment to suit different situations and needs. It is important to choose the right method of communication to ensure effective communication and to avoid misunderstandings.

There are some important communication methods are:

Face-to-face communication is utilized when there needs to be rapid clarification, feedback, or discussion.

When a written record of the conversation is required or the receiver cannot be reached in person, email is the preferred means of communication.

When a formal debate or presentation is required, this approach is employed in business meetings.

Social media is a technique utilized when a wide audience has to be reached fast.

Applications for team messaging are utilized when quick, informal communication is required among team members.

As a result, the significance of the different communication methods are used in the business environment are the aforementioned.

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Kirk and his family decide it is more reasonable for him to attend the local community college. They want to save for the cost of his first year in the automotive program. The local community college program is expected to be $6,845 per year. Which is the most reasonable goal for Kirk and his family to plan to save?
They should save $225 a month for 2 years.
They should save $200 a month for 3 years.
They should save $100 a month for 4 years .
They should save $75 a month for 5 years.

Answers

If you would like to know which is the most reasonable goal for Kirk and his family to plan to save, you can calculate this using the following steps:

a. $225 a month * 2 years * 12 months = 225 * 2 * 12 =
$5400

b. $200 a month * 3 years * 12 months = 200 * 3 * 12 =
$7200

c. $100 a month * 4 years * 12 months = 100 * 4 * 12 =
$4800

d. $75 a month * 5 years * 12 months = 75 * 5 * 12 =
$4500
The most reasonable goal to plan to save would be goal b, because $7200 is more than $6845.
Final answer:

Based on the options provided, Kirk and his family should save $200 per month for 3 years to cover the cost of his first year in the local community college's automotive program. This saving plan will give them more than the cost of the program, providing a cushion for any additional expenses.

Explanation:

The local community college's automotive program costs $6,845 per year. If Kirk and his family wanted to save enough for one year of this program, they would have to budget and plan out their savings. To calculate this, they would divide the total cost by the number of months in their saving period.

If they save $225 a month for 2 years (24 months), they would save a total of $5,400 which is not enough to cover the cost. Saving $200 a month for 3 years (36 months) would give them $7,200, more than required. If they save $100 a month for 4 years (48 months), they would save $4,800, which is not enough.Saving $75 a months for 5years (60 months), they would amount to $4,500, also not enough.

Therefore, the most reasonable saving goal for Kirk and his family, based on these options, would be to save $200 per month for 3 years. They would have more than enough to cover the program cost and any additional expenses that might occur.

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Business forms that have unlimited personal liability include

Answers

Answer:

sole proprietorship and partnership

Explanation:

They both have unlimited personal liability

NEED HELP ASAP 100 pts What is represented by the point where P1 and Q1 intersect?


Production point where total costs are maximized

Production point where total costs are minimized

Profit-maximizing price and output levels

Profit-minimizing price and output levels

NEED HELP ASAP 100 pts What is represented by the point where P1 and Q1 intersect? Production point where

Answers

Profit-maximizing price and output levels are represented by  the point where P1 and Q1 intersect.

According, to the question, the point P1 represents the total Cost Curve and Q2 represents total revenue curve.

At the intersection of its total cost curve and total revenue curve, a perfectly competitive business maximizes its earnings.

Hence, the answer is option C. Profit-maximizing price and output levels.

greatest way to define business?

A company or inventive entity engaging in commercial, industrial, or professional activity is referred to as a business. Companies can be for-profit or nonprofit enterprises. Limited liability companies, sole proprietorships, corporations, and partnerships are all different sorts of businesses.

"Business definition idea" mean?

Business is an economic activity that involves the exchange, acquisition, sale, or creation of products and services with the goal of making a profit and meeting client demands. Companies can be for-profit or nonprofit entities that work to make money or advance a social cause.

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If the price of a good remains the same for all possible quantities demanded for the product, demand is

O elastic
O perfectly inelastic
O inelastic
O perfectly elastic

Answers

Answer:

Perfectly inelastic

Explanation:

If a good's price elasticity is 0 (no amount of price change produces a change in demand), it is perfectly inelastic. If price elasticity is exactly 1 (price change leads to an equal percentage change in demand), it is known as unitary elasticity. Ty for points

the median of four numbers is 63.the three of the numbers are 60,62 and 92 what is the missing number ​

Answers

Answer: 64

Explanation:

To find the median of a number, we have to arrange the numbers that are given in either ascending or descending order.

In this case there are 4 numbers, let the fourth number be x, therefore the numbers will be:

60, 62, x and 92.

Since they are four numbers, the median will be the addition of the 2nd and 3rd number and then divided by 2. This will be:

(62 + x) / 2 = 63

62 + x = 126

x = 126 - 62

x = 64

The missing number is 64

Why is Eagle Bank's 1-year CD the only account
guaranteed to return $22 in interest on a $1,000
deposit?

Answers

Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

What is a CD?

A certificate of deposit (CD) is a special bank savings account that earns interest on a lump-sum deposit for a predetermined period of time without withdrawals until the due period.

CDs are among the lowest-risk investments as they do not lose value if a bank fails based on the Federal Deposit Insurance Corporation (FDIC) insured guarantee.

Thus, Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

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Assume a project with and outlay of 200, and inflows of 100 for three years, starting one year from today. Find IRR.

Answers

Answer:

Explanation:

The internal rate of return (IRR) is the discount rate that makes the net present value (NPV) of the cash flows from the project equal to zero. To find the IRR, you can use a financial calculator or spreadsheet software that has a built-in IRR function.

In this case, the initial outlay is -200 and the cash flows for the next three years are 100, 100, and 100.

The IRR can be calculated using excel formula =IRR(values,guess) where values is the range of cells containing the cash flows and guess is the estimated IRR.

Alternatively, you can use online IRR calculators as

please refer to the following process consisting of five machines producing a metal part. the parts move from machine to machine in the sequence shown. the time each machine takes to work on the part is also shown. which machine in this process is the bottleneck machine?CAN ASK THIS QUESTION AS TEXT WITHOUT INCLUDING DIAGRAM OF THE SEQUENCE:
A process consists of five machines producing a metal part. The parts move in sequence from Machine 1 to Machine 5. Processing at Machine 1 takes 10 seconds then the parts move to Machine 2 where processing takes 15 seconds. In Machine 3, the processing takes 12 seconds and in Machine 4, the processing takes 20 seconds. The parts finally move to Machine 5 where processing takes 18 seconds. Which machine in this process is the bottleneck machine?
a. Machine 1
b. Machine 2
c. Machine 3
d. Machine 4
e. Machine 5

Answers

Based on the discussion, Machine 4 does have the longest processing (20 seconds). As a result, Machine-4 is the process's bottleneck.

What is a machine, and what are some examples?

A device is a hardware device that does active work. This is in contrast to an entity that performs work passively, such as a drainpipe. A machine consumes power but is not always electrical. Machines, for example, can be powered by breeze, water, thermal, chemical, or human power.

What are the five most important simple machines?

The wheel and axle, the pulley, predisposed plane, screw, wedge, and lever are examples of simple computers that are widely used.

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Your parents invested $1000 into an account when you were born. The account has an interest rate of 6% and compounds monthly (12 times per year). Calculate how much the account would be worth on your 20th birthday if no other activity took place.

Answers

Answer:

$3,310.20

Explanation:

The applicable formula in this case is

A = P x ( 1 + r )^ n

Where A= amount after 20 years

P is principle amount= $1000

r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12

n is number of periods = 12 months x 20 years

A = $1000 x ( 1 + 0.005) ^240

A = $1000x (1.005) ^ 240

A =$1000 x 3.31020447580

A =$3,310.2044


Volatile price changes, technological changes, and government intervention are what type of risks?

Answers

Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.

What are Volatile price changes

Volatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.

Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.

To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.

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