which is the main goal of becoming financially literate?(1 point) responses becoming financially stable becoming financially stable becoming famous becoming famous becoming rich by investing in stocks becoming rich by investing in stocks becoming a member of the wealthy elite becoming a member of the wealthy elite

Answers

Answer 1

The main goal of becoming financially literate is to become financially stable. Financial literacy is the ability to understand and manage your personal finances. It involves knowledge and skills that enable you to make informed decisions about your money and investments.

The concept of financial literacy is essential in today's world, as it helps individuals to be more aware of their finances and how to manage them. By being financially literate, one can create a budget, save for emergencies, and invest wisely to create wealth. It also enables individuals to understand financial products such as credit cards, loans, and insurance policies and their implications in managing personal finances.Financial literacy is not only important for individuals but also for businesses. It helps them manage their finances more effectively and make informed decisions about investments, budgeting, and cash flow. Therefore, becoming financially literate is essential for achieving financial stability in both personal and professional lives.

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Related Questions

Kim is on a crew that sets up the equipment for a very popular musician. Before the concerts, she sets up lights, microphones, sound equipment, and video screens above the stage. After the concerts, she takes down the equipment Her job is best described as Sylvia sets up, runs, and maintains the equipment for a radio station. Her job is best described as Kenneth works in a small studio using technical equipment and computers. He edits television commercials. His job is best described as Jose works in a music studio operating the equipment for musicians to record their music before selling it to the public. He adjusts the equipment so the recordings have good, clear sound. His job is best described as​

Answers

Answer:

B,C,C,A

Explanation:i did it on edge 2021

His job is best described as​ an Audio and video equipment technician. They manage the electrical machinery used to produce radio and television shows, concerts, sound recordings, and movies.

What does an audio technician do?

Audio technicians sometimes referred to as sound technicians, set up sound and recording equipment, test it out, and make modifications to help with recordings and sound production. They typically work in radio, television, film, concert halls, and recording studios.

Technicians that work with audio and video equipment operate devices including mixing boards, microphones, and video screens. They capture conferences, sporting events, concerts, and meetings.

Establish, run, and maintain the electronic machinery required to collect, edit, and broadcast audio and video for radio or television programs. To control sound volume, signal strength, and signal clarity in incoming and outgoing broadcast signals, make appropriate adjustments.

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the short-run industry supply curve is the sum of the individual marginal cost curves, assuming that

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The short-run industry supply curve is a representation of the quantity of goods or services supplied by all firms in a particular market at different price levels in the short run.

It is the sum of the individual marginal cost curves of each firm in the industry, assuming that the industry is composed of many firms with identical cost structures and production technologies.

In other words, in the short run, each firm in the industry has a specific level of production and costs, and as the market price increases, each firm will increase its output until it reaches its capacity. However, as the price continues to increase, the costs of production will also increase, leading to diminishing marginal returns and higher marginal costs.

The industry supply curve, therefore, shows the various quantities of the good or service that will be supplied by the firms in the industry at different price levels. The higher the price of the good or service, the greater the quantity that will be supplied by the firms in the industry, up to a certain point where the costs of production become prohibitively high.

Overall, the short-run industry supply curve is a useful tool for understanding how the supply of a good or service will be affected by changes in market price, assuming that the industry is composed of many firms with similar cost structures and production technologies.

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who answers the three basic economic questions in a business

Answers

Answer:

Are the following,

Explanation:

what will be produced

how will it be produced

URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made

Answers

it’s D , before any necessary adjusting entries have been made

I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.

Answers

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?

Answers

Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.

First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.

Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity

.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.

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a cafeteria line would be an example of a process-focused layout.
True False

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A cafeteria line is an example of a process layout. In this type of layout, resources are organized according to the specific tasks they perform, and customers or products flow through the system based on their unique requirements. The statement is True.

In a cafeteria line, food stations are arranged in a sequence, allowing customers to choose and pick up items as they move along the line. This design improves efficiency and allows for customization. The process may progress down the line with consumers making their meal and beverage selections before moving on to the cashier thanks to the structure.

A layout that is focused on a single product, on the other hand, is known as a product-focused layout. For instance, in a manufacturing facility, various production lines could be set up for various items, each line catering to a distinct product or group of products. A cafeteria line fits the definition of a process-focused layout because it is set up according to the various steps required in serving food and beverages.

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Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees

Answers

Answer: a. Making authorized commitments

Explanation:

Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.

These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.

All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.

The options given are violations of these Executive Orders except A. Making authorized commitments.

It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.

The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.

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In a market economy, equilibrium stays constant and never moves.
True or false

Answers

Answer:

false

Explanation:

there is always change in equilibrium any time demand or supply changes.

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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PLS NEED HELP IM BEHIND BAD

PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD

Answers

Answer:

The first answer

Explanation:

Just took it

5. You can earn one of these by passing state licensing exams in certain professions. What document is this?

Answers

Answer: It depends on the profession. But for businesses, one of the documents earned by passing a state licensing exam to be a qualified financial advisor would be the Series 6 license.

Explanation:

To be a government-recognized financial advisor and to conduct business within the borders of that state, one must earn a Series 6 license, which allows one to begin a business with other clients or parties. This can later be upgraded to a Series 7 license. Both are administered by FINRA - the Financial Industry Regulatory Authority.

Along with the Series 6 and Series 7 licenses, one must also pass the Series 63 license, which tests a financial advisor on the state's laws and regulations. For those taking commissions, they must earn a Series 65 license.

Which type of data do researchers collect the personal interviews?

Which type of data do researchers collect the personal interviews?

Answers

Answer:

The correct answer is "Face-to-face interviews".

Explanation:

Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology. Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.

Answer: unstructured or informal in nature

Explanation:

took it on edmentum

From a consumer’s perspective, what are the advantages and disadvantages of personal selling? Explain.

Answers

In the customer level, personal purchases are helpful because you know next or nothing whatsoever about what you want, other than when you purchase a vehicle and need guidance about items such as forms and prices. However when you felt like you're really there to offer your cash, it can be disappointing on the part of the customer, not to really get anything out of the deal.

Before Schultz resigned as CEO in 2000, his role on the board of directors would be described as which of the following?
a. The company's most important stakeholder b. Inside director c. Outside director d. Ethical leader

Answers

Before Schultz resigned as CEO in 2000, his role on the board of directors would be described as b. Inside director

Before Howard Schultz resigned as CEO in 2000, his role on the board of directors would be described as an inside director. Here's an explanation of the term:

An inside director is a member of the board of directors who is also an employee or executive of the company. They have a direct connection to the company's operations and are typically appointed from within the organization. As the CEO of Starbucks at the time, Schultz held a position as an executive and had a significant influence on the company's strategic decisions and direction.

Inside directors bring their firsthand knowledge of the company's operations, industry, and internal dynamics to the board. They provide insights into the day-to-day operations, management practices, and overall performance of the company. As an inside director, Schultz would have been intimately involved in shaping the company's vision, strategy, and policies, ensuring alignment between the board's decisions and the operational realities of Starbucks.

The distinction between inside and outside directors is important as outside directors bring an independent and objective perspective to the board, representing the interests of shareholders and providing checks and balances on management. Inside directors, on the other hand, provide insider expertise and understanding of the company's internal workings.

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Which step is the most important step in the decision making process?.

Answers

Answer:

The most important step of the decision-making process is: Assessing the possible uncertainties in the future course of action. It is a must for any of the firms to assess or evaluate the possible risks or the uncertainties associated with the firm operation and functioning.

More expensive product __________________ in a retail store may cause us to ask if we want lower prices by accepting waiting lines, limited choices, and a more austere store.

Answers

Differentiations.

More expensive product differentiations in a retail store may cause us to ask if we want lower prices by accepting waiting lines, limited choices, and a more austere store.

Monopolistic competition refers to a market where many firms sell differentiated products. Differentiated products can arise from characteristics of the good or service, the location from which the firm sells the product, intangible aspects of the product, and perceptions of the product.

A monopoly is a type of imperfect competition where a seller or producer captures the majority of the market share due to the lack of substitutes or competitors. Monopolistic competition is a type of imperfect competition where many sellers try to capture the market share by differentiating their products.

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Why would a health insurance company charge a higher premium to a tobacco user?
Tobacco use is a voluntary behavior.
Without higher premium prices for tobacco users, nonusers end up paying for users' claims.
Tobacco use causes significant health issues.
Using tobacco products is very expensive.
Tobacco users are at a higher risk of failing to pay their premiums on time.

Answers

Answer:

Tobacco use causes significant health issues.

Explanation:

When insurance coverage commences, the insurance company assumes all the risks associated with the insurance policy issued.  For medical insurance, the insurance company will cater to the insured medical bills should the need arise. For this reason, insurance firms evaluate different risk parameters when deciding on the premiums to charge for insurance coverage.

Tobacco is known to cause health issues in smokers.  Tobacco smokers are more likely to develop health complications at some point in their life. They present a higher risk for insurance companies. Insurance companies will charge them higher premiums to cover the increased risk caused by smoking tobacco.

Answer:

a, b, c

Explanation:

80-85% of the world's natural vanilla is supplied by Madagascar, an island nation off the coast of Africa. Linda read a recent article online in one of the main ingredients for the ice cream that she and Cathal will produce in 'Sligo Scoops'. (i) What effect will a shortage of vanilla have on each of the following:
The price of vanilla:​

Answers

Answer:

Climate change, crime and speculation mean the price of the fragrant spice has skyrocketed from $20 a kilo five years ago to $515 now.

The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns. In recent years, the IRS has been inundated with taxpayer calls and has redesigned its phone service as well as posting answers to frequently asked questions on its website (The Cincinnati Enquirer, January 7, 2010). According to a report by a taxpayer advocate, callers using the new system can expect to wait on hold for an unreasonably long time of minutes before being able to talk to an IRS employee. Suppose you select a sample of callers after the new phone service has been implemented; the sample results show a mean waiting time of minutes before an IRS employee comes on line. Based upon data from past years, you decide it is reasonable to assume that the standard deviation of waiting times is minutes. Use

Answers

There is enough evidence to conclude that the actual mean waiting time turned out to be significantly less than 12 minutes.

The inner sales carrier is the revenue service for the united states federal authorities, that's responsible for amassing U.S. federal taxes and administering the internal revenue Code, the primary frame of the federal statutory tax law.

The IRS's task is to provide the united states' taxpayers with pinnacle-first-class service by means of assisting them to recognize and meet their tax duties and putting in force the regulation with integrity and fairness to all. it's far an enterprise of the department of the Treasury and led by the Commissioner of inner sales, who is appointed to a five-yr term by using the President of the united states.

The responsibilities of the IRS include supplying tax help to taxpayers; pursuing and resolving times of misguided or fraudulent tax filings; and overseeing numerous benefits applications, consisting of the low-priced Care Act.

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The amount of money that Tom had in his pension fund
in 2016 was £55 000.
His plans involve him putting £8 200 in his fund every year
for the next 15 years.
How much will Tom have in the pension fund in 2031?​

Answers

Answer: £178000

Explanation:

The amount that Tom will have in the pension fund in 2031 will be calculated as:

= £55000 + £8200(15)

= £55000 + £123000

= £178000

The amount that Tom will have in the pension fund in 2031 will be £178000

LAX, Inc. Ioans \( \$ 500,000 \) to Expansion, Inc. on March 1, 2019. The interest rate is \( 12 \% \) (simple interest-no interest on interest) and the loan and interest will be repaid in full on Feb

Answers

LAX, Inc. loaned Expansion, Inc. \$500,000 on March 1, 2019, with an interest rate of 12% (simple interest – no interest on interest). The loan and interest will be fully repaid on February 28, 2022. Let us calculate the interest on this loan.

The formula for simple interest is I = P * r * t,

where I is the interest,

P is the principal (the amount loaned),

r is the interest rate per year, and

t is the time in years.

In this case, P = \$500,000, r = 0.12, and t = 3 (since the loan is for three years, from March 1, 2019, to February 28, 2022).

I = \$500,000 * 0.12 * 3 = \$180,000

Thus, the interest on this loan is \$180,000.

Therefore, the total amount to be repaid on February 28, 2022, is \$500,000 (the principal) + \$180,000 (the interest) = \$680,000.

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The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1

Answers

When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.

What is a liability?

Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.

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Which economic system best defines: Lowest amount of economic freedom?

Answers

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price.  All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

Property rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.

Answers

Protect businesses' freedom to buy and sell products

Brainliest is appreciated :)

Why can a bank afford to pay an interest rate on a savings account? A. Because the bank is insured by the FDIC B. Because the Fed prints more currency when needed C. Because the bank puts the money into equity investments D. Because the bank lends that money out at a higher interest rate Please select the best answer from the choices provided A B C D

Answers

Answer:

D

Explanation:

because thats the answer

Answer:

D. Because the bank lends the money out at a higher interest rate

Explanation:

ECONOMICS:

Part 1 A demand schedule for the number of records purchased in a recent period is given below. The first column shows the different prices that were charged. The second column shows the quantity demanded at each price. Complete the third column by multiplying the price per record times the number of units demanded. This represents the total receipts collected at each price. DEMAND SCHEDULE FOR RECORDS Price per Record $11.00 $9.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 Number of Records Demanded 2 3 4 6 8 10 12 15 18 Total Receipts $22.00

ECONOMICS:Part 1 A demand schedule for the number of records purchased in a recent period is given below.

Answers

1. As the price per record decreased, the number of records demanded increased. 2. A small decrease in price results in a relatively larger increase in the quantity demanded, which causes a significant increase in total revenue.

What happened to total quantity of records demanded?

As the price fell, the total quantity of records demanded increased. This is reflected in the demand schedule where, as the price per record decreased, the number of records demanded increased.

Demand is elastic over the range of prices from $11.00 to $6.00. This is because the total receipts collected at each price decrease as the price per record decreases, which indicates that the price elasticity of demand is greater than one. In other words, a small decrease in price results in a relatively larger increase in the quantity demanded, which causes a significant increase in total revenue.

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The complete question in text goes thus:

Part 1

A demand schedule for the number of records purchased in a recent period is given below. The first column shows the different prices that were charged. The second column shows the quantity demanded at each price. Complete the third column by multiplying the price per record times the number of units demanded. This represents the total receipts collected at each price. DEMAND SCHEDULE FOR RECORDS Price per Record $11.00 $9.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 Number of Records Demanded 2 3 4 6 8 10 12 15 18 Total Receipts $22.00

Part 3

Use the information from the demand schedule in Part 1 and your graph in Part 2 to answer the following questions.

1. As the price fell, what happened to total quantity of records demanded?

2. Over what range of prices is demand elastic? Why?

going for three: predicting the likelihood of field goal success with logistic regression

Answers

Hi! To predict the likelihood of field goal success using logistic regression, you can follow these steps:

1. Collect data: Gather historical data on field goal attempts, including variables such as distance, angle, weather conditions, and kicker's statistics.

2. Define the target variable: In this case, the target variable is the success or failure of a field goal attempt (1 for success, 0 for failure).

3. Feature selection: Choose relevant features from the data that might influence the success of a field goal. Examples include distance, angle, and weather conditions.

4. Data preprocessing: Clean and preprocess the data, such as handling missing values and scaling the features.

5. Split the data: Divide the dataset into a training set and a testing set. This allows you to train the logistic regression model on one set of data and evaluate its performance on another.

6. Train the logistic regression model: Fit the model to the training data by using an optimization algorithm to find the best coefficients for the chosen features. The model will generate a probability of success for each field goal attempt.

7. Evaluate the model: Assess the performance of the logistic regression model on the testing set by calculating metrics such as accuracy, precision, recall, and F1-score.

8. Interpret the results: Analyze the coefficients and the performance metrics to gain insights into the factors that contribute to field goal success.

By following these steps, you can use logistic regression to predict the likelihood of field goal success based on various factors.

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in order to get the ipad ordered at retailers like best buy, apple drove up demand through advanced advertising to consumers. apple knew that consumer demand influences which products the tech retailers would carry. this was an example of

Answers

The strategy applied by Apple is an example of a pull strategy.

Pull strategy refers to the strategy of luring the customer to you. Pull strategy is the use of pull strategies, or the communication of information, to attract the customer rather than pushing your business on them.

Using advertising, a pull promotional method increases consumer demand for a good or service. One pull approach is the promotion of kids' toys on kid-friendly television programs.

Using a pull technique necessitates extensive market understanding. By "pushing" or enhancing its other product lines, like the Mac, Apple is currently utilizing a push marketing technique.

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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau

Answers

Better business bureau

Answer:

It might be D- whic

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HELP IM TIMED!!!A fossil fuel formed deep inside the earth, often found with oil, and sometimes used to heat homes during the cold weather is called ____________________.Group of answer choicesLumberNatural GasPetroleumPetrochemical Summarize your findings and explain how you might limit the pollutants or exposure to them. What things could you replace? What is inking and how is the process used in illustrating? In a major sports rights deal, the NCAA just renewed their contract with CBS/Turner through 2032 for March Madness. In a word what are both CBS and Turner Sports role in the communications process. eg They serve as the ________________ means in the media process. In his discussion of master and slave morality, Nietzsche claims that that we should aim for the special virtue of self-denying and self-sacrificing altruism in our attempt at the good life.False In the circle below, suppose arc FEH= 234 and Please help me I will do anything can you please show your work Emie read that the movie made 25,992,412.50 in its third week he also read that the average ticket price for this week was 8.35how many people saw the movie this week Which of the following pairs of words has the most similar relationship to the pair of words belovArial; Font Competitive Advantage Exercise (4 Marks) In this exercise pick one avenue your company is using to differentiate itself from its competitors. Explain in detail how your company's differentiation is a unique strength and therefore gains an advantage over its competitor's by offering their consumers greater value. Examples of ways to differentiate are: Through product differentiation - differentiate on features, performance, style, design, etc... Through service differentiation - differentiate on speed, convenience, care, etc.. Through channel differentiation - differentiate on channel's coverage, expertise, performance, etc... Through people differentiation - differentiate on firm's people or employees (friendly, helpful, better trained, etc...) Through image differentiation - differentiate on company's brand image (including reputation and history)My Company name is Nike, Taking into account Nike, answer the following questions as well as give the link or reference at the end. Your efforts will be appreciated.. Eleven more than three times a number is at most 62 The cell walls of bacterial cells and plant cells function inmoving organelles throughout the cell.modifying lipids and proteins.producing the cytoskeleton.maintaining cell shape.containing DNA. Imprudential, Inc., has an unfunded pension liability of $577 million that must be paid in 15 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 7 percent, what is the present value of this liability? (Do not round intermediate calculations and enter your answer in dollars not in millions, rounded to 2 decimal places, e.g., 1,234,567.89.) which of the above sentences has a simple subject why does psychics need a electrical current why do rising sales sometimes give an incomplete, or inaccurate, picture of the effectiveness of tactical decisions? What is the slope of the line that passes through (0,5) and (10,0)? Brock and becker (1966), and subsequently other researchers, conducted studies in which an apparatus the participant is using is rigged to break. what emotion were they trying to induce? find the length of the arc. use 3.14 for the value of . round to the nearest tenth Which loan type am I? I have limits on the amount that you can borrow based on your year in college. The federal government makes the interest payments on me while you are in college, and you make the interest payments on me after you graduate.FIN-FL-10-10.1: Which loan type am I? I have limits on the amount that you can borrow based on your year in college. The federal government makes the interest payments on me while you are in college, and you make the interest payments on me after you graduate.Unsubsidized Federal Student LoanPrivate Student LoanSubsidized Federal Student LoanInstitutional Student Loan