The statement about growth in the Medicaid program which is true is the following: "In the early years, enrollment grew at a faster rate than expenditures". This is due to the fact that, in the earlier years, the number of people enrolling in Medicaid grew at a much faster rate than the cost of providing the healthcare benefits they needed.
However, in recent years, this trend has changed, as healthcare costs have grown at a much faster rate than the number of people who are eligible for Medicaid.
Medicaid is a government program that provides healthcare coverage to low-income individuals and families. It was created in 1965 as part of the Social Security Act and is jointly funded by the federal government and the states. Over the years, Medicaid has grown to become one of the largest healthcare programs in the United States, covering millions of people across the country.
The growth in the Medicaid program has been influenced by a number of factors, including changes in federal and state policies, changes in the economy, and changes in the healthcare system. In the early years of the program, enrollment grew at a faster rate than expenditures. This was due to the fact that the number of people who were eligible for Medicaid grew at a much faster rate than the cost of providing the healthcare benefits they needed.
However, in recent years, this trend has changed. Healthcare costs have grown at a much faster rate than the number of people who are eligible for Medicaid. This has led to a shift in the balance between enrollment and expenditures, with expenditures growing at a faster rate than enrollment. Despite this shift, Medicaid remains an important program for low-income individuals and families, providing them with access to essential healthcare services.
Therefore, the statement that is true about the growth in the Medicaid program is that "In the early years, enrollment grew at a faster rate than expenditures". This is because, in the earlier years of the program, the number of people who were eligible for Medicaid grew at a much faster rate than the cost of providing healthcare benefits they needed. However, in recent years, healthcare costs have grown at a much faster rate than the number of people who are eligible for Medicaid.
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mergers and acquisitions take longer to execute than a greenfield investment. true or fasle?
True, Compared to greenfield investments, acquisitions and mergers are easier to carry out.
By acquisitions, what do you mean?The ownership of corporations, other company operations, or their functional areas may be exchanged to or merged with some other entity or business entity through commercial transactions known as mergers and acquisitions. In a business acquisition, one firm (the acquirer) purchases the majority of the stock in another business (the target) in order to take over management of the target's assets and operations. Acquisitions are frequently conducted amicably, which means that both parties are in agreement and negotiate the parameters of the deal. Depending on the connection between both the buyer and seller, there are four primary types of acquisitions: vertical, horizontal, conglomerate, and congeneric.
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if hot dogs are an inferior good, an increase in income will result in a an increase in the quantity demanded for hot dogs. b a decrease in the quantity demanded for hot dogs. c an increase in the demand for hod dogs. d a decrease in the demand for hot dogs. e no change in the quantity demanded for hot dogs.
If hot dogs are an inferior good, an increase in income will result in an increase in the demand for hot dogs. so the option is c
Are hot dogs a normal or inferior good?Hot dogs are inferior good . The demand for a typical good is positively correlated with income. This implies that people will spend more on everyday things when they have more money.In addition to their mouthwatering flavor, hot dogs are a favorite among many people due to their simplicity in preparation. They take little time to cook and can be grilled or fried. They are a fantastic quick fix when you are hungry because of these. You won't have to wait very long to have a mouthful whenever you want to enjoy them as snacks.To learn more about inferior good refer to:
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If a consumer sees a significant difference between his or her current state of affairs and some desired or ideal state, which step of the consumer decision-making process is the consumer in?.
If a consumer sees a significant difference between his or her current state of affairs and some desired or ideal state, Problem Recognition occurs when the the consumer decision-making process is the consumer in.
The definition of a customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.
In sales, commerce, and business, customers (sometimes called customers, purchasers, or purchasers) receive goods, services, products, or ideas obtained from sellers, vendors, or suppliers through financial transactions. is a person. Transaction or exchange for money or other valuable consideration
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Read the sentence.the marketing mix, also known as the four ps of marketing, consists of product, price, promotion, and _[blank]_.which best completes the sentence
The marketing mix, also known as the four p's of marketing, consists of product, price, promotion, and place. They are the main essential elements in the marketing mix, which implies in the strategic formation of the company.
What is marketing mix?Marketing mix is the strategy in the initial state of introducing the product. The company do the study about the product which they are going to launch before introducing it into the market.
They have four main elements of the marketing mix that are product is that which is going to launch, price consist of the price of the product in the initial stage, place consist of the place where the product is going to launch, and promotion is the technique of advertising the product's and features.
Thus, it is place.
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3) Real GDP per capita is $40,000 and grows by 2% per year. According to the rule of 70, how many years will it take for real GDP per capita to double? How long will it actually take for real GDP per capita to double? (Use Excel) 4) Real GDP per capita is $40,000 and grows by 3% per year. According to the rule of 70, how many years will it take for real GDP per capita to double? How long will it actually take for real GDP per capita to double? (Use Excel)
The rule of 70 states that if the annual growth rate of a variable (such as GDP or population) is x%, then that variable will double in approximately 70/x years.
Real GDP per capita is $40,000 and grows by 2% per year, so the annual growth rate is 2%.
To calculate how many years it will take for real GDP per capita to double, we can use the rule of 70:70/2 = 35Therefore, it will take approximately 35 years for real GDP per capita to double.
To calculate how long it will actually take for real GDP per capita to double, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)where A is the final amount, P is the principal, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years. For this problem, we can assume that P = $40,000, r = 2%, n = 1 (since the interest is compounded annually), and A = 2P = $80,000. Plugging these values into the formula, we get:80,000 = 40,000(1 + 0.02/1)^(1t)Simplifying:2 = (1.02)^t.
Taking the natural logarithm of both sides:
ln(2) = t ln(1.02)Solving for t: t = ln(2) / ln(1.02)≈ 35.0Therefore, it will take approximately 35 years for real GDP per capita to double.4) Real GDP per capita is $40,000 and grows by 3% per year, so the annual growth rate is 3%.
To calculate how many years it will take for real GDP per capita to double, we can use the rule of 70:70/3 = 23.33 (rounded to two decimal places)Therefore, it will take approximately 23.33 years for real GDP per capita to double.
To calculate how long it will actually take for real GDP per capita to double, we can use the same formula as before: A = P(1 + r/n)^(n t)where A is the final amount, P is the principal, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
For this problem, we can assume that P = $40,000, r = 3%, n = 1 (since the interest is compounded annually), and A = 2P = $80,000.
Plugging these values into the formula, we get:80,000 = 40,000(1 + 0.03/1)^(1t)Simplifying:2 = (1.03)^t
Taking the natural logarithm of both sides: ln(2) = t ln(1.03)Solving for t: t = ln(2) / ln(1.03)≈ 22.62
Therefore, it will actually take approximately 22.62 years for real GDP per capita to double.
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If the average income of an australian worker is higher than the average income of a russian worker, it is most likely because.
The average income of an Australian worker is higher than the average income of a Russian worker is most likely because the productivity in Australia is higher than in Russia.
Average income of a person can be refered as Per Capita GDP of a country. Per Capita GDP represents the economic output a person can produced in a country. Per Capita GDP can be calculated by dividing the GDP of a country with its population.
GDP of a country is also known as productivity. Productivity measures the output per input in a country.
Based on the case, assuming that the population in Australia and Russia are equal, any difference on the average income per worker or Per Capita GDP reflects the differences on both countries' GDPs. Using this assumption, we can conclude that Australia has higher Per Capita GDP than Russia because it has greater productivity.
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Midshipmen Company borrows $13,000 from Faicon Company on July 1,2024 . Midshipmen repays the amount borrowed and pays interest of 12% (1\%/month) on June 30, 2025. Required: 1. Record the necessary entries in the Joumal Entry Worksheet below for Midshipmen Company. 2. Calculate the 2024 year-end adjusted balances of Interest Payable and interest Expense (assuming the balance of Interest Payable at the beginning of the year is $0).
Journal Entry:
- July 1, 2024: Debit Cash $13,000, Credit Notes Payable $13,000
- June 30, 2025: Debit Interest Expense $1,560, Debit Interest Payable $130, Credit Cash $14,690
Year-end Adjusted Balances:
- Interest Payable: $130
- Interest Expense: $1,560
1. On July 1, 2024, Midshipmen Company borrows $13,000 from Faicon Company, resulting in an increase in cash (debit) and notes payable (credit). This transaction reflects the borrowing of funds.
On June 30, 2025, Midshipmen Company repays the borrowed amount and pays interest of 12% (1% per month). The interest expense is calculated as $13,000 x 12% = $1,560. The interest payable is the amount of interest owed but not yet paid, which is $130. The entry records the payment of both the principal and interest, decreasing cash (credit), interest expense (debit), and interest payable (debit).
2. The year-end adjusted balances for Interest Payable and Interest Expense are calculated as follows:
Since the balance of Interest Payable at the beginning of the year is $0, the adjusted balance at the end of the year is the sum of the interest accrued throughout the year. In this case, the interest expense is $1,560, and the interest payable is $130.
Therefore, the year-end adjusted balances are:
Interest Payable: $130
Interest Expense: $1,560
These balances reflect the amount owed for interest at the end of the year and the total interest expense incurred during the year, respectively.
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which of the following is NOT one of the factors considered in the FICO scoring system? A) level of debt B) employment history C) variety of debt sources D) length of credit history
Factors considered in the FICO scoring system is (B) employment history is the correct option. These five components comprise FICO scores: History of payments (35%), Owed sums (30%),Credit history duration(15%)(4% new credit), Five credits (10%).
A major component of the credit report that lenders use to determine the credit risk of applicants is a sort of credit score called a FICO score. Poor payment history is referred to as having bad credit, and it frequently shows up as a low credit score. The five variables that affect FICO scores are shown below along with their contributions.The payment history makes about 35% of the FICO score.Owed sum - accounts for 30% of FICO rating.The length of credit history makes up 15% of the FICO score.Credit mix: 10% of the FICO score is based on this.Fresh credit - 10% of the FICO score is derived from it.As a result, option (B) is the best choice because payment history accounts for 35% of the FICO score.
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Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes:
Answer: Finance, purchasing, accounting, suppying
Explanation:
Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.
The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding
-Finance
-Purchasing
-Accounting
-Management Information System
-Supply management including warehouse and distribution management.
Retailing consists of a wide range of business activities that together add value to the products and services that customers buy. These activities are key to meeting customer needs and ensuring a smooth and satisfying shopping experience. Some of the key components of retail include:
1. Merchandising: Retailers engage in merchandising activities to prepare and present a diverse range of products and services to customers. This includes selecting, sourcing, pricing and displaying merchandise in a way that appeals to the target market.
2. Inventory Management: Retailers are responsible for managing inventory levels to ensure product availability to meet customer demand. This includes forecasting demand, optimizing inventory turnover and implementing efficient replenishment processes.
3. Store Operations: Day-to-day retail store operations include activities such as store layout and design, staffing, customer service, sales management, and security. These activities are essential to creating a pleasant and customer-friendly environment.
4. Marketing and Promotion: Retailers use various marketing strategies and promotional activities to attract customers, build brand awareness and promote sales. This includes advertising, public relations, social media marketing, loyalty programs and sales promotion.
5. E-commerce and Omni-channel retailing: With the rise of online shopping, retailers are engaging in e-commerce activities to provide convenience to customers in purchasing products online. They also adopt omnichannel strategies to integrate online and offline channels to create a seamless shopping experience.
6. Supply Chain Management: Retailers work closely with suppliers and distributors to ensure the efficient movement of products from manufacturers to stores or customers. Effective supply chain management includes logistics, warehousing, transportation and order fulfillment.
7. Customer Relationship Management (CRM): Retailers focus on building and maintaining strong relationships with customers through personalized service, loyalty programs and targeted marketing efforts. CRM helps retailers understand customer preferences, behavior and buying patterns.
Overall, retailing encompasses a complex set of activities aimed at delivering value to customers and promoting business success. It involves the integration of various features and strategies to create a positive and engaging retail experience for customers.
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what increases your total loan balance?
Interest compound is known to increase a person's loan balance.
What is interest?This is a term that is used to refer to the additional cost of borrowing money. When people borrow they have to pay an interest for that amount in a given period.
When you fail to pay when due, the interest on this loan would continue to rise till you pay up.
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An American organic potato-chip company has decided to consider global expansion. It has done its market research and found that there is a comparable market for its products. In addition, it has found the required distributors and a potential manufacturing location overseas. However, in the United States, its chips have regional themes, such as Saucy Southern Barbeque and Spicy Southwest Chili flavors, which will not easily translate into markets outside the United States. How could the company address this issue while maintaining the identifiable elements of the brand when expanding globally?
There are various strategies for addressing this issue regardless of which one you eventually adopt, you must change any of the elements of the marketing mix; two possible strategies are listed below.
How to illustrate the information?Product customization:
Changing the recipe for potato chips with the most similar flavors in the new region where the potato is distributed. It is difficult to predict how the chip flavor will be replicated in the global market, so looking for identifiable flavors per region while maintaining the brand's colors, advertising, price, and quality keeps the brand's identity untouchable even as the final product expands its lines.
Making changes to the promotion:
If changing recipes is too difficult for the product team, advertising campaigns will create a brand identity for different regions. For this, the packaging languages may change, and the methods of promotion in each region (TV, internet, influencers) may be considered to introduce the product in each region.
Alternatively, you could consider keeping the brand original and launching a strong pull marketing campaign to position the product as an International product.
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Great Landscapes Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various aged categories of accounts. The Great Landscapes Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2019. Its Accounts Receivable account has a balance of $112,800 and its Allowance for Doubtful Accounts has a credit balance of $600 before adjustment at December 31, 2019. How much bad debts expense will Great Landscapes report in 2019
Answer:
$3,000
Explanation:
Calculation to determine How much bad debts expense will Great Landscapes report in 2019
Using this formula
2019 bad debts expense =Estimated doubtful accounts-Allowance for Doubtful Accounts has a credit balance
Let plug in the formula
Bad debts expense=$3,600-$600
Bad debts expense=$3,000
Therefore The Amount of bad debts expense that Great Landscapes will report in 2019 is $3,000
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
The most important source of recruits for entry-level professional and managerial vacancies is:
a. advertisements in newspapers and magazines.
b. employee referrals.
c. private employment agencies.
d. on-campus interviewing.
e. public employment agencies.
The most important source of recruits for entry-level professional and managerial vacancies is b) employee referrals. Hence, option b) is the correct answer.
This is because employees tend to refer individuals who they know personally and believe would be a good fit for the company culture and job requirements. Additionally, employee referrals tend to have a higher retention rate and are more likely to be a good cultural fit within the company.
While advertisements in newspapers and magazines, private employment agencies, on-campus interviewing, and public employment agencies can also be effective sources for recruiting, employee referrals have been shown to be the most successful in terms of quality of hire and long-term retention.
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How much is $1 US in rupee?
According to several economists, as the dollar's worth versus the Indian rupee rises, the dollar-to-rupee exchange rate has reached 1 USD to 79.5 INR in 2022.
The value of the dollar in India is still rising relative to the rupee due to inflation and rising crude oil prices. One dollar will continue to vary between 77 and 80 rupees, according to experts. It seems that the INR to USD exchange rate routinely hits new lows as time goes on. A comeback is not envisaged just now.
A primary contributor to the rise in the value of the USD in relation to the INR is the current account deficit, which is the difference between a country's imports and exports. For evaluating a country's overall economic health, it is essential to know this figure. Large dependence on foreign capital inflows may be indicated by a big exchange rate mismatch, which could lead to a decline in the value of the Indian rupee. India's current account deficit is expected to widen as a result of increased crude oil costs, wasteful expenditure, and weak GDP growth.
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fid the higest common factor of
21a²b and 49ab²
Answer:
7ab
Explanation:
21a²b = 7ab * 3b
49ab² = 7ab * 7b
Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
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13. The arithmetic average of 12%, 15% and 20% is _________. A. 15.7%B. 15%C. 17.2%D. 20%
The arithmetic average of 12%, 15% and 20% is 0.157. 15.7% Option A
What is arithmetic average?Generally, In the fields of mathematics and statistics, the sum of a group of numbers is divided by the total number of numbers in the group to arrive at the arithmetic mean or arithmetic average, which is sometimes referred to simply as the mean or the average.
x=(0.12+0.15+0.20)/3
x=0.157
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How does the Clean Air Act’s cap-andtrade approach to air pollution affect the Southern Company’s analysis of the previously unpriced common property air and water resources damaged by smokestack emissions?
The Clean Air Act's cap-and-trade approach to air pollution has a impact on the Southern Company's analysis of the previously unpriced common property air and water resources damaged by smokestack emissions.
Under the cap-and-trade approach, the government sets a limit or cap on the total allowable emissions of pollutants. This cap is then divided into emission permits, also known as allowances, which are distributed among companies. These allowances can be bought, sold, or traded among companies.
The Southern Company, as a participant in the cap-and-trade system, would need to obtain allowances equal to its emissions. If the Southern Company's smokestack emissions cause damage to air and water resources, it would be required to purchase additional allowances to cover those emissions.
The cost of purchasing these allowances represents a previously unpriced factor for the Southern Company. It introduces a financial consideration for the damage caused by emissions to the common property resources.
This cost is not accounted for if the resources were unpriced before the implementation of the cap-and-trade system.
By implementing the cap-and-trade system, the Clean Air Act assigns a price to the emissions through the market for allowances. The Southern Company's analysis would need to consider the cost of acquiring these allowances and incorporate it into its decision-making process.
This provides an economic incentive for the Southern Company to reduce its emissions, as reducing emissions would lead to a lower need to purchase allowances and, consequently, lower costs.
Furthermore, the cap-and-trade approach encourages companies to innovate and adopt cleaner technologies to reduce their emissions. This can lead to improved air and water quality, mitigating the damage caused to the previously unpriced common property resources.
The Clean Air Act's cap-and-trade approach to air pollution introduces a new financial consideration for the Southern Company by assigning a price to emissions through the market for allowances. This affects the company's analysis of previously unpriced common property air and water resources damaged by smokestack emissions.
The cost of acquiring allowances to cover emissions must be taken into account, providing an incentive for the Southern Company to reduce emissions and potentially leading to improved air and water quality.
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question content areaa job order cost system would be appropriate for a crude oil refining business. true false
The above statement is False. Content area job order cost system would not be appropriate for a crude oil refining business.
Refining is the process of purification of a substance or a form. The time period is generally used of a herbal resource that is almost in a usable form, but that's more beneficial in its pure shape.
Refining breaks crude oil down into its various additives, that are then selectively reconfigured into new merchandise. Petroleum refineries are complicated and luxurious commercial facilities. All refineries have 3 fundamental steps: Separation.
An oil refinery or petroleum refinery is an industrial method plant wherein petroleum (crude oil) is converted and subtle into useful merchandise together with gasoline (petrol), diesel gasoline, asphalt base, gasoline oils, heating oil, kerosene, liquefied petroleum gasoline and petroleum naphtha.
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bartleby rodgers corporation produces and sells football equipment. on july 1, 20y1, rodgers issued $19,400,000 of 10-year, 11% bonds at a market (effective) interest rate of 9%, receiving cash of $21,923,488. interest on the bonds is payable semiannually on december 31 and june 30. the fiscal year of the company is the calendar year. required: for all journal entries, if an amount box does not require an entry, leave it blank. question content area 1. journalize the entry to record the amount of cash proceeds from the issuance of the bonds on july 1, 20y1.
A bond is essentially a debt from an investor to a borrower, such as a business or the government. The investor earns interest on the deposit while the borrower utilizes the funds to support its activities. A bond's market value may fluctuate over time.
In the given question,
Face value of bond = $19,400,000
Issue Price = $21,923,488
Premium = Issue Price – Face Value
= $21,923,488 - $19,400,000
= $2,523,488
Market Interest Rate = 9%
The required Journal Entry will be:
Cash A/C Dr. $21,923,488
To Bonds Payable A/C $19,400,000
To Premium on Bonds Payable A/C $2,523,488
In the above entry the bonds are issued at a premium and since, it is a liability it is being credited as liabilities when increased are credited and the same goes for bond payables too. On the other hand, Cash is our asset and since cash is increasing therefore as per the modern rule of asset increase, cash account is being debited.
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why would anyone select a bank that has unfavorable overdraft policies
Answer:
The person may not have options due to age and distance and disabilities.
Explanation
What is the definition of liquidity?how difficult it is to maximize returns on investmentshow much money someone has in a savings accounthow easily an investment can be exchanged for cashhow much income someone has to invest each year
Answer:
how easily an investment can be exchanged for cash.
Explanation:
True or False:
when determining the price elasticity ratio for a good, one should include the direction of change (ie. -5% is different than 5%).
The three motivational qualities that leaders have are initiative, ability to motivate others, and ability to set goals.
true
false
Answer:
true I'm pretty sure it's true.
Which of the statements below is TRUE? A. Buying of shares is the selling of ownership in the company. B. A company is said to go "private" when it opens up its ownership structure to the general public through the sale of common stock. C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company. D. Most companies have the resident expertise to complete an initial public offering (IPO), or first public equity issue.
Answer:
C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company.
Explanation:
Private companies could go to the general public by selecting to sale the stocks in order to attract permanent financing via equity ownership of the company because they can sale the shares easily on the primary market in order to increased the finance also it will be help for raising the firm for the long period as the equity financing is considered for the long term financing
Hence, the option c is correct
Frontier airline has gained success because enough travelers are willing to trade off carrying extra items for a lower price ticket. The ________ reflects the capture of value in the marketing exchange.
The price reflects the capture of value in the marketing exchange. A marketing transaction occurs whenever two or more parties exchange goods or services.
According to marketing theory, every exchange should result in "utility," which means that the value of what you trade must be lower than the value of the benefit you receive. Naturally, transactions in the real world are much more nuanced.
According to marketing theorists, exchange is the key idea without which there could be no marketing. Both sides must have something of value to offer one another in order for an exchange to take place. For instance, a man walking into a coffee shop might have enough cash to buy a cup of coffee while the cafe has the coffee. Communication between the parties is necessary.
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Francine is advertising her company's newest video-editing software and related products. She knows that best practice is to create 3-5 ads in each of her Search Ad groups. Why does Google make this recommendation?
a. More ads in an ad group increases the chances of showing more than one ad per auction.
b. More ads in an ad group means they receive a higher-quality score.
c. More ads in an ad group means lower bounce rates for landing pages.
d. More ads in an ad group means more options for success in an auction.
Answer:
d. More ads in an ad group means more options for success in an auction.
Explanation:
According not.Google when creating search Ad groups it is advisable to have 3 to 5 ads per group.
This is done because the more adverts that are included in a search the more the possibility of one of them meeting the needs of a person that is searching.
There is more chance that when the most relevant advert is being selected for an auction one of the ads created will be selected.
It is also recommended that ad rotation is optimised. Ad rotation is when the system chooses ideal advert for specific circumstance in each auction.
12.(Liquidity analysis) The most recent
balance sheet of Raconteurs, Inc., (in millions) is found
here: Current assets
Cash and marketable securities
$10.2
Accounts
Raconteurs, Inc. has a current ratio of 1.96. The company has sufficient current assets to cover its current liabilities.
The most recent balance sheet of Raconteurs, Inc., (in millions) is found here: Current assets Cash and marketable securities $10.2 Accounts: Receivable 4.3 Inventory 9.7 Prepaid expenses 3.5 Total current assets$28.2Total assets$66.4Total current liabilities$14.4 Total liabilities $35.6 Total equity $30.8
The current ratio is a metric used to determine a company's liquidity. This ratio shows how well a company can pay its current debts and obligations using its current assets, making it a liquidity measurement. A ratio of 1 or greater is normally acceptable in order to demonstrate a company's ability to meet its current debt obligations. The formula for the current ratio is Current Ratio = Current Assets / Current Liabilities. Current Assets = $28.2 Current Liabilities = $14.4 Therefore, the current ratio is: Current Ratio = $28.2 / $14.4 = 1.958333 So,
Raconteurs, Inc. has a current ratio of 1.96. The company has sufficient current assets to cover its current liabilities.
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What is receptive skills ?
Answer: They are skills where the person receives information.
Explanation: When it comes to receptive skills, it is where the person learns by receiving information. A common way to develop receptive skills is through reading and listening. A person who reads is someone who is receiving knowledge through the process of identifying the knowledge that he sees, while the person who listens receives it through hearing.