he primary reason that business people must be involved in the development of information systems is

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Answer 1

The primary reason that business people must be involved in the development of information systems is that they have the knowledge and understanding of the business processes and operations.

They can provide valuable insights into the needs and requirements of the organization, which is essential for designing and developing effective information systems that support business goals and objectives.

Additionally, involving business people in the development process helps to ensure that the system is user-friendly and aligned with the needs of the end users. This collaboration between business and IT professionals helps to ensure that the information systems are successful and deliver measurable business value.

In summary, involving business people in the development of information systems is essential to ensure that the systems are aligned with the business requirements and goals, designed with the end-users in mind, and can contribute to the success of the organization.

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Related Questions

Ricky, a security engineer for his company, is performing a review and measurement of all controls to capture changes to any environment component. What is this called

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Ricky is performing a process called Configuration Auditing. This involves reviewing and measuring all controls in order to capture changes to any environment component, ensuring that the security and performance of the system are maintained at optimal levels. Configuration Auditing helps in detecting unauthorized changes, assessing the impact of changes, and maintaining system integrity.

As there are multiple potential terms that could apply to Ricky's review and measurement of controls to capture changes in the environment component. One possibility is that Ricky is conducting a risk assessment or vulnerability assessment, which involves identifying potential threats and vulnerabilities to the company's security and determining the likelihood and impact of those risks. Another term that might apply is security auditing, which involves evaluating the effectiveness of existing controls and identifying areas for improvement. Additionally, Ricky may be conducting a compliance review to ensure that the company's security practices align with relevant regulatory or industry standards. Regardless of the specific terminology, Ricky's efforts are aimed at maintaining the security and integrity of the company's systems and data.

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Which of the following is NOT true Group of answer choices Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates.

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The statement "Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates" is true.

Therefore, the answer to the question is that this statement is not false, and thus not the answer to the question. To provide further context, forward contracts are agreements between two parties to buy or sell an asset at a specific future date and price. These contracts are customized to fit the needs of the parties involved, including the delivery date, quantity, and price. In contrast, futures contracts are standardized contracts traded on an exchange, with set delivery dates and contract sizes. While both forward and futures contracts are used to manage risks associated with price fluctuations, futures contracts are generally more liquid and standardized, making them easier to trade.

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Attributes such as imagination and problem-solving ability, strong work ethic, honesty, intimate product knowledge, effective communication and listening skills, and attentiveness reflected in responsiveness to buyer needs and customer loyalty and follow-up are often found in the ________ for sales positions.

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Attributes such as imagination and problem-solving ability, strong work ethic, honesty, intimate product knowledge, effective communication and listening skills, and attentiveness reflected in responsiveness to buyer needs and customer loyalty and follow-up are often found in the statement of job qualifications for sales positions.

The devotion to or loyalty to a brand is something that is crucial to the success of a brand or product. It's difficult to comprehend this concept of loyalty as a totality. There are numerous viewpoints on loyalty, all of which eventually have a direct bearing on how consumers behave while making sales.

Herein lies the significance of the loyalty derivative in corporate sales: the entire perception of picking or choosing from a wide range of options. There is no getting around the reality that consumer psychology plays a huge role in decision-making, and brand loyalty motivates consumers to act quickly.

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When the cash proceeds from a bond issued with detachable stock warrants exceed the sum of the par value of the bonds and the fair value of the warrants, the excess should be credited to

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When the cash proceeds from a bond issued with detachable stock purchase warrants exceed the sum of the par value of the bonds and the fair value of the warrants, the excess should be credited to additional paid-in capital.

The excess is the amount by which the cash proceeds exceed the total fair value of the liabilities (bonds payable) and the equity instruments (warrants) issued.

This treatment reflects the fact that the excess amount is a result of investors paying a premium for the bonds and warrants over their fair value, which creates additional value for the company beyond the initial proceeds.

This additional value is reflected in the additional paid-in capital account on the balance sheet, which represents the amount that investors have paid for the company's shares in excess of their par value.

In summary, when the cash proceeds from a bond issued with detachable stock purchase warrants exceed the sum of the par value of the bonds and the fair value of the warrants.

The excess should be credited to additional paid-in capital, reflecting the additional value that investors have paid beyond the initial proceeds.

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Complete Question:

When the cash proceeds from a bond issued with detachable stock purchase warrants exceed the sum of the par value of the bonds and the fair value of the warrants, the excess should be credited to:

a. Additional paid-in capital.

b. Retained earnings.

c. Premium on bonds payable.

d. Detachable stock warrants outstanding.

The explanation of why consumer purchasing patterns vary for certain products, but not for others, when price goes up or down is referred to as: a.the 80/20 principle. b.mass production. c.economies of scale. d.price elasticity.

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d. Price elasticity, this refers to the degree to which changes in price affect the quantity of a product that consumers are willing to purchase.

Products with high price elasticity are those for which changes in price result in significant changes in consumer demand. For example, if the price of a luxury car were to increase by a large amount, many consumers may choose to purchase a less expensive car instead. On the other hand, products with low price elasticity are those for which changes in price have little impact on consumer demand. For example, if the price of milk were to increase by a few cents, most consumers would continue to purchase it because it is a necessary staple item.

There are a variety of factors that can influence price elasticity for different products. One important factor is the availability of substitute products. If there are many similar products on the market, consumers may be more likely to switch to a cheaper alternative if the price of one product increases. Another factor is the importance of the product to consumers. If a product is considered a necessity or has a strong emotional connection for consumers, they may be more willing to pay a higher price for it. Additionally, the overall market conditions can impact price elasticity. In a weak economy, consumers may be more price-sensitive and seek out cheaper products, while in a strong economy they may be more willing to pay a premium for certain products. Overall, understanding price elasticity is an important part of pricing strategy for businesses.

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An example of manufacturing overhead costs would be Group of answer choices Direct Materials CEO's Salary Wage of factory supervisor Utility expense on corporate offices Direct Labor Raw Materials

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Utility expense on corporate offices. Manufacturing overhead costs are indirect costs that are not directly tied to the production of a specific product, but are necessary for the overall manufacturing process.

Examples of manufacturing overhead costs include rent and utilities for the factory, salaries of support staff, maintenance costs for equipment, depreciation on factory assets, and property taxes. These costs are incurred regardless of the number of products produced, and are not directly tied to the direct materials or direct labor used in the manufacturing process. Manufacturing overhead costs are typically allocated to products based on an allocation method, such as using a predetermined overhead rate based on machine hours or labor hours. The purpose of allocating overhead costs is to properly assign indirect costs to products in order to determine the true cost of production and make informed pricing and profitability decisions.

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Melissa, the owner of a sole proprietorship, does not provide health insurance for her 20 employees. She plans to spend $1,500 lobbying in opposition to legislation that would require her to provide such insurance. Discuss the tax advantages and disadvantages of paying the $1,500 to a professional lobbyist rather than spending the $1,500 on in-house lobbying expenditures.

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The tax advantages and disadvantages of paying $1,500 to a professional lobbyist instead of spending the money on in-house lobbying expenditures are as follows: Tax Deduction, Expertise, Reputation

Advantages of paying a professional lobbyist:

Tax Deduction: Hiring a professional lobbyist can provide a tax deduction for the business. Under the tax code, the costs of lobbying are generally deductible as ordinary and necessary business expenses, subject to certain limitations. This means that the $1,500 paid to the professional lobbyist can be deducted from the company's taxable income, reducing its tax liability.

Expertise: A professional lobbyist is likely to have more expertise in navigating the legislative process and advocating for the company's interests than in-house staff. This can lead to more effective advocacy and a greater chance of achieving the company's goals.

Reputation: Hiring a professional lobbyist can help maintain the company's reputation with stakeholders, including customers, employees, and investors, who may view the use of a professional lobbyist as a sign of the company's commitment to advocacy and responsible citizenship.

Disadvantages of paying a professional lobbyist:

Cost: Professional lobbyists typically charge a significant fee for their services, which can be a significant cost for small businesses. The $1,500 paid to the professional lobbyist may be more than the cost of in-house lobbying expenditures.

Lack of Control: When a business hires a professional lobbyist, it is relinquishing some control over the lobbying effort. The lobbyist may pursue goals that are not aligned with the company's interests, or may not be as responsive to the company's needs as in-house staff.

Public Perception: Hiring a professional lobbyist may be viewed by some stakeholders as a negative or unethical practice, potentially damaging the company's reputation.

In summary, while paying a professional lobbyist can provide a tax deduction and access to expertise, it can also be costly and may result in a loss of control over the lobbying effort. Additionally, the use of professional lobbyists may be viewed unfavorably by some stakeholders, potentially damaging the company's reputation. Ultimately, the decision to use a professional lobbyist should be based on a careful analysis of the costs and benefits, taking into account the specific goals and circumstances of the company.

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When employees will clearly lose something of value from the change and would not otherwise support the new conditions, ________ would be a recommended change strategy.

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When employees will clearly lose something of value from the change and would not otherwise support the new conditions, communicating effectively with the employees would be a recommended change strategy.

This is because communication plays a vital role in any change process. Employees need to understand the reasons behind the change and how it will affect them. When employees feel that they are being listened to and that their concerns are being addressed, they are more likely to support the new conditions.

The communication process should be clear, concise, and ongoing. It should involve both top-down and bottom-up communication. Top-down communication involves managers communicating with their employees, while bottom-up communication involves employees communicating their concerns to their managers.

The change strategy should also involve providing support to the employees. This support can come in the form of training, coaching, and mentoring. When employees feel that they have the necessary skills and knowledge to deal with the change, they are more likely to support it.

In conclusion, when employees will clearly lose something of value from the change and would not otherwise support the new conditions, effective communication and support would be a recommended change strategy. This will help to minimize resistance to the change and ensure a successful implementation.

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c. The assortment factors that Wings considers when planning model stocks for assortments are style, size, and color. Wings makes boys jackets in 8 sizes. If SKUs are not going to exceed 300, what is the maximum number of styles that can be included in the assortment

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The maximum number of styles that Wings can include in the assortment is dependent on the total number of SKUs that are allocated for boys jackets. Since Wings makes boys jackets in 8 sizes and the SKUs cannot exceed 300, we can calculate the maximum number of styles as follows:

Let x be the number of styles that Wings can include in the assortment.

Since each style comes in 8 sizes, the total number of SKUs for each style is 8.

Therefore, the total number of SKUs for all x styles can be calculated as 8x.

Since the SKUs cannot exceed 300, we can write the inequality:

8x ≤ 300

Solving for x, we get:

x ≤ 37.5

Since the number of styles cannot be a decimal, the detailed answer is that Wings can include a maximum of 37 styles in the assortment.

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pril Wood Products' accounts receivable increased during the year by $9.0 million. Required: What is the amount of cash April Wood Products received from customers during the reporting period if its sales were $41.0 million

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The amount of cash April Wood Products received from customers during the reporting period was $32.0 million.

To determine the amount of cash April Wood Products received from customers during the reporting period, we need to take into consideration the increase in accounts receivable. The increase in accounts receivable indicates that not all of the sales have been collected in cash.
First, we need to calculate the total amount of sales made by April Wood Products during the reporting period. Given that sales were $41.0 million, we know that this is the total revenue generated by the company.
Next, we need to adjust for the increase in accounts receivable. If the accounts receivable increased by $9.0 million, it means that $9.0 million worth of sales have not yet been collected in cash. Therefore, we need to subtract this amount from the total revenue to find the cash received from customers during the reporting period.
Cash received from customers = Total revenue - Increase in accounts receivable
Cash received from customers = $41.0 million - $9.0 million
Cash received from customers = $32.0 million
Therefore, the amount of cash April Wood Products received from customers during the reporting period was $32.0 million.

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How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders

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A top management team lower the chances that key managers Salary, perks, bonuses, and insurance are all included in executive compensation It's difficult to read business news without coming across stories concerning the compensation packages granted.

To CEOs of publicly traded businesses, including their salaries, bonuses, and stock options. Understanding the numbers needed to assess how much top talent is being paid by businesses is difficult. Investors must make sure executive compensation benefits them.The board, at least in theory.

Aims to use compensation arrangements to link management's activities with the company's success.The notion is that the organisation gains value from the CEO's performance. The phrase "pay for performance" is frequently used by businesses to describe their remuneration strategies. The majority of people can agree that paying for results is a good notion, however this theory implies that the CEO must take risks. The CEO's fortune ought to increase together with the company's. Look at how much management is involved in producing returns for investors when evaluating a company's pay plan.

Complete question:

How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders of the executive compensation?

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Question Mode Multiple Choice Question A partner's tax basis in his or her partnership interest is increased by the: Multiple choice question. fair market value of the property contributed lesser of the tax basis or the fair market value of the property contributed tax basis of the property contributed

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A partner's partnership interest is generally increased by the amount of money contributed to the partnership and the partner's share of partnership profits.

A partner's tax basis in their partnership interest is a crucial element in determining the amount of taxable gain or loss they may realize when they dispose of their partnership interest or when the partnership distributes property or incurs losses. Additionally, the partner's tax basis in their partnership interest may be increased by the fair market value of property contributed to the partnership, but only to the extent of the lesser of the tax basis or the fair market value of the property contributed.

This increase in tax basis would allow the partner to recognize less taxable gain or more deductible losses when they dispose of their partnership interest or when the partnership distributes property or incurs losses.It is important for partners to keep track of their tax basis in their partnership interest to properly report their taxable gains or losses and to avoid unintended tax consequences.

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Over a particular period, an asset had an average return of 6.9 percent and a standard deviation of 9.9 percent. What range of returns would you expect to see 95 percent of the time for this asset

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We can estimate that we would expect to see returns for this asset falling within the range of -12.9 percent to 26.7 percent 95 percent of the time.

Based on the provided information, we can use statistical methods to estimate the range of returns that we could expect to see 95 percent of the time for this asset.

We know that the average return for the asset over the particular period was 6.9 percent, and the standard deviation was 9.9 percent. The standard deviation measures the volatility of returns, indicating how much the returns fluctuate around the average.

Assuming a normal distribution of returns, we can use a statistical tool called the empirical rule (also known as the 68-95-99.7 rule) to estimate the range of returns that we could expect to see 95 percent of the time.

According to the empirical rule, for a normal distribution of returns, approximately 68 percent of the returns will fall within one standard deviation of the mean, 95 percent of the returns will fall within two standard deviations of the mean, and 99.7 percent of the returns will fall within three standard deviations of the mean.

Using this rule, we can estimate that 95 percent of the returns for this asset would fall within a range of approximately -12.9 percent to 26.7 percent.

To calculate this range, we first determine the distance from the mean to two standard deviations:

2 x 9.9 percent = 19.8 percent

Then, we add and subtract this value from the mean:

6.9 percent + 19.8 percent = 26.7 percent

6.9 percent - 19.8 percent = -12.9 percent


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You find a zero coupon bond with a par value of $10,000 and 26 years to maturity. The yield to maturity on this bond is 4.8 percent. Assume semiannual compounding periods. What is the dollar price of the bond

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The dollar price of the bond is $2,762.55. This means that an investor would need to pay $2,762.55 today in order to receive $10,000 in 26 years. It is important to note that the yield to maturity takes into account the time value of money and reflects the annualized return an investor would receive if the bond is held until maturity.

The first step in calculating the price of a zero coupon bond is to use the present value formula. The formula is: PV = FV / (1+r)^n, where PV is the present value, FV is the future value, r is the interest rate, and n is the number of compounding periods.

In this case, the par value or future value of the bond is $10,000, the yield to maturity is 4.8 percent, and there are 52 (26*2) compounding periods. Therefore, the present value of the bond can be calculated as follows:

PV = $10,000 / (1+0.048/2)^(52) = $2,762.55

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Mimi is granted a license to sell her unique Spirit Pins at local high school lacrosse games. When Mimi prices her pins at $10, she sells 20 pins per game. When she lowers her price to $8, she sells 40 pins. The additional money she earns from dropping her price is known as the __________.

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The additional money Mimi earns from dropping her price is known as incremental revenue.

Incremental revenue refers to the additional revenue generated as a result of a specific action or investment. It is the difference between the total revenue before and after the implementation of the action or investment. In other words, incremental revenue is the revenue gained from each additional unit sold or each new customer acquired.

Incremental revenue is an important metric in business as it helps to determine the effectiveness of new initiatives or investments. It can also be used to calculate the return on investment (ROI) for a particular project or campaign. By analyzing incremental revenue, businesses can make informed decisions about where to allocate resources and which strategies are most effective in driving growth and profitability.

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Differences between the inventory count and the perpetual records are adjusted by increasing or decreasing ______. Multiple choice question. work in process cost of goods sold raw materials finished goods

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Differences between the inventory count and the perpetual records are adjusted by increasing or decreasing cost of goods sold . The correct answer is b.

When the physical inventory count is higher than the perpetual records, it means that there are more goods in stock than what the records show. In this case, the cost of goods sold needs to be decreased by adjusting the perpetual records to reflect the correct inventory levels. On the other hand, when the physical inventory count is lower than the perpetual records, it means that the goods have been sold but not recorded properly. In this case, the cost of goods sold needs to be increased by adjusting the perpetual records to reflect the correct inventory levels.

Adjusting the cost of goods sold can have a significant impact on a company's financial statements, particularly on the income statement and the balance sheet. It can affect the gross profit, net income, and the value of the inventory on the balance sheet. Therefore, it is important to have accurate and timely inventory counts and perpetual records to ensure the financial statements are reliable and reflect the true financial position of the company.The correct answer is b.
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Suppose that you are employed as an advisor to the central bank. Select the proper policy recommendation or economic prediction for each of the following scenarios.Which policy is appropriate when a rising aggregate price level is a concern but GDP is growing at an acceptable rate

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When a rising aggregate price level is a concern but GDP is growing at an acceptable rate, the appropriate policy recommendation would be to implement a contractionary monetary policy.

This involves reducing the money supply and increasing interest rates to decrease aggregate demand and slow down economic growth, which in turn can help to curb inflationary pressures. The central bank can achieve this by selling government securities, increasing the reserve requirements for banks, or raising the discount rate at which it lends to banks. The goal is to decrease the amount of money in circulation and make borrowing more expensive, which can discourage consumer and business spending and ultimately lead to a reduction in inflationary pressures while still allowing for acceptable levels of economic growth.

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Suppose That You Are Employed As An Advisor To The Central Bank. Select The Proper Policy Recommendation Or Economic Prediction For Each Of The Following Scenarios. Which Policy Is Appropriate When A Rising Aggregate Price Level Is A Concern But GDP Is Growing At An Acceptable Rate? Expansionary Monetary Policy (Easy Money Policy) Contractionary Or Suppose that you are employed as an advisor to the central bank. Select the proper policy recommendation or economic prediction for each of the following scenarios.

Which policy is appropriate when a rising aggregate price level is a concern but GDP is growing at an acceptable rate?

expansionary monetary policy (easy money policy)

contractionary or restrictive monetary policy (tight money policy)

It is unclear which type of monetary policy is appropriate.

Which policy is appropriate when a rising aggregate price level is a concern and GDP is not growing at an acceptable rate?

expansionary monetary policy (easy money policy)

contractionary or restrictive monetary policy (tight money policy)

It is unclear which type of monetary policy is appropriate.

Contractionary or restrictive monetary policy (tight money policy) will cause interest rates to

increase sometimes and decrease sometimes.

increase.

decrease.

o calculate a terminal value, one divides the next period's cash flow by the: Group of answer choices constant discount rate plus a constant growth rate constant discount rate plus a variable growth rate constant discount rate minus a constant growth rate constant growth rate minus constant discount rate constant growth rate plus a variable discount rate

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To calculate a terminal value, one divides the next period's cash flow by the C. constant discount rate minus a constant growth rate.

The terminal value represents the present value of all future cash flows of a business or investment beyond a specific forecast period. It is used in valuation methods such as the Discounted Cash Flow (DCF) model.

The formula for calculating terminal value is:

Terminal Value = (Next Period's Cash Flow) / (Constant Discount Rate - Constant Growth Rate)

The constant discount rate reflects the time value of money and the risk associated with the investment. A higher discount rate indicates higher risk and a lower present value for future cash flows. The constant growth rate represents the expected annual rate at which the cash flows are projected to grow over an infinite time horizon.

By dividing the next period's cash flow by the difference between the constant discount rate and the constant growth rate, we can determine the terminal value. This value represents the total worth of all future cash flows, adjusted for the time value of money and the risk associated with the investment. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

To calculate a terminal value, one divides the next period's cash flow by the:

a. constant discount rate plus a constant growth rate

b. constant discount rate plus a variable growth rate

c. constant discount rate minus a constant growth rate

d. constant growth rate minus constant discount rate

e. constant growth rate plus a variable discount rate

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Internationally, legislators and professional bodies have focused on corporate governance issues in making recommendations for restoring investor confidence, and auditing is an essential part of corporate governance. Required: What is not an objective of good corporate governance

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One objective of good corporate governance is to ensure transparency and accountability in corporate decision-making, which is essential for restoring investor confidence.

Another objective is to protect the interests of all stakeholders, including shareholders, employees, customers, and the community at large. A third objective is to promote ethical behavior and integrity within the organization.

However, it is not an objective of good corporate governance to maximize profits at all costs or prioritize the interests of one stakeholder group over others. Instead, good corporate governance aims to balance the interests of all stakeholders and promote long-term sustainability and success for the company.

Good corporate governance aims to ensure that companies are managed in a way that is transparent, accountable, and responsible. Some objectives of good corporate governance include protecting the rights and interests of shareholders, promoting fairness and transparency in business operations, ensuring ethical and responsible behavior by the company and its employees, and maintaining financial integrity and stability.

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Broden, Inc. recently issued $84 par value preferred stock that pays an annual dividend of $18. If the stock is currently selling for $64, what is the expected return of this preferred stock

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It's important to note that preferred stockholders do not have voting rights, but they receive dividends before common stockholders in the event of a company's liquidation.

The expected return of the preferred stock can be calculated using the formula:

Expected return = Annual dividend / Current market price

First, we need to calculate the annual dividend on the preferred stock:

Annual dividend = Par value * Dividend rate = $84 * $18 = $1,512

Next, we can plug in the values to calculate the expected return:

Expected return = $1,512 / $64 = 0.0236 or 2.36%

The expected return of the preferred stock is 2.36%. This means that an investor who purchases the stock at the current market price of $64 can expect to earn an annual return of 2.36% based on the annual dividend payment of $18.

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Suppose the common stock of DreamIndustries has a beta of 1.4 and an expected return of 16.7 percent. The risk-free rate of return is 2.7 percent while the inflation rate is 4.52 percent. What is the expected market risk premium

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To calculate the expected market risk premium, we first need to calculate the expected market return. We can use the Capital Asset Pricing Model (CAPM) to do this: the expected market risk premium is 10%.

Expected return on DreamIndustries = Risk-free rate + Beta(Difference between expected market return and risk-free rate)

16.7% = 2.7% + 1.4(Expected market return - 2.7%)

14% = 1.4(Expected market return - 2.7%)

Expected market return - 2.7% = 10%

Expected market return = 12.7%

Now that we have the expected market return, we can calculate the expected market risk premium:

Expected market risk premium = Expected market return - Risk-free rate

Expected market risk premium = 12.7% - 2.7%

Expected market risk premium = 10%

Therefore, the expected market risk premium is 10%.

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A technical analyst has identified a resistance level for ABC stock at $81 and a support level at $75. The stock is currently trading at $77 and the analyst expects the stock to break the support level. Which order is appropriate to profit if the support level is broken

Answers

Overall, there are several potential strategies for profiting if the support level of $75 is broken, including stop-loss orders and short sales. However, it is important to note that all trading strategies come with risks, and investors should carefully consider their own risk tolerance and investment goals before making any trades.

If a technical analyst has identified a resistance level for ABC stock at $81 and a support level at $75, and the stock is currently trading at $77, there are several potential strategies for profit if the support level is broken. One potential order that may be appropriate is a stop-loss order. A stop-loss order is an order to sell a security if it falls below a certain price, and it can be used to limit potential losses if the stock price drops below the support level of $75.

If the stock price falls to or below $75, the stop-loss order would trigger and sell the shares, potentially limiting the investor's losses. Another potential order that may be appropriate is a short sale. A short sale is a trading strategy that involves borrowing shares of a stock and selling them in the hope of buying them back at a lower price.

If the analyst expects the stock to break the support level at $75, an investor could sell the stock short at the current price of $77 and then buy it back at a lower price if it falls below $75, profiting from the difference in price.

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letterpress publishing is known for its consultative buying center culture. Recognizing this orgainazational culture, someone attempting to sell to letterpress publishing should

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As letterpress publishing is known for its consultative buying center culture, someone attempting to sell to this organization should adopt a consultative approach to their sales pitch.

This means that they should seek to understand the specific needs and requirements of the organization, and tailor their sales pitch accordingly. They should also be prepared to engage in an ongoing dialogue with the organization, offering advice and guidance where necessary, and building a relationship based on trust and mutual respect.

Additionally, they should be willing to listen to feedback and adjust their approach as needed, in order to ensure that they are meeting the needs of the organization.

Ultimately, the key to successfully selling to letterpress publishing is to demonstrate a deep understanding of their unique culture, and to be willing to work collaboratively with them to achieve their goals.

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Many multinational firms hire managers from different countries who become members of the corporate headquarters staff even though they are not from the parent country; these managers are called ______.

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Many multinational firms hire managers from different countries who become members of the corporate headquarters staff even though they are not from the parent country; these managers are called expatriates.

Expatriates are employees who work in a foreign country on a temporary or long-term basis, typically for a multinational company or organization.

They are usually recruited from their home country to work in a foreign country, often as managers or executives, and are expected to bring their expertise and knowledge to the host country's operations. Expatriates play a vital role in multinational companies as they help to bridge the gap between the parent company and its subsidiaries by transferring knowledge, skills, and best practices across borders.

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Firms that successfully increase their inventory turnover ratio will, among other things, Multiple Choice be able to reduce their borrowing needs. be able to reduce their dividend payments to stockholders. find it more difficult to be given credit by their resource suppliers. have a greater need for high balances in their cash accounts.

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Firms that successfully increase their inventory turnover ratio will be able to reduce their borrowing needs. Inventory turnover ratio measures the number of times a company sells and replaces its inventory within a given period.

A high inventory turnover ratio indicates that a company is selling its inventory quickly and efficiently, which means the company is generating more revenue from its inventory. This will lead to higher profits, which can be used to fund operations, invest in new projects, and pay off debts. Reducing borrowing needs is an important benefit of increasing inventory turnover ratio because it can help the company save money on interest expenses. When a company borrows money, it has to pay interest on the borrowed amount, which can add up over time. By reducing borrowing needs, the company can allocate its resources towards other priorities, such as expanding its business or investing in research and development. Additionally, increasing inventory turnover ratio will not make it more difficult for firms to be given credit by their resource suppliers. In fact, it may have the opposite effect as it demonstrates to suppliers that the company is efficiently managing its inventory and generating more revenue, making it a more attractive partner for business. Having a greater need for high balances in their cash accounts is also unlikely as the company is generating more revenue and has more funds to allocate towards its different accounts.

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In order to keep prices low and to be sure that Americans received needed items, the government instituted _______________ systems to control access to all kinds of goods.

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During World War II, the United States government instituted rationing systems to control access to all kinds of goods. The goal of rationing was to keep prices low and to ensure that Americans received needed items such as food, clothing, gasoline, and rubber.

The rationing system was implemented in order to conserve vital resources for the war effort, as many goods and materials were needed to manufacture weapons and other military equipment. Under the rationing system, consumers were issued ration coupons or stamps that could be used to purchase limited quantities of specific goods. Each individual was given a set number of coupons for each rationed item, and these coupons had to be presented at the time of purchase. The amount of goods available for purchase was strictly controlled and often limited, which meant that consumers had to make careful choices about what they bought and when. While rationing was initially met with resistance from some Americans who resented the government's interference in their daily lives, it ultimately proved to be an effective way to manage scarce resources during a time of crisis. The rationing system helped to ensure that essential goods were fairly distributed and that everyone had access to the items they needed to survive.

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________ measures the amount of systematic risk present in a particular risky asset relative to the systematic risk present in an average risky asset.

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Beta measures the amount of systematic risk present in a particular risky asset relative to the systematic risk present in an average risky asset.

It is often used as a benchmark for the risk of an investment in relation to the overall market.

A beta of 1 indicates that the security or portfolio has the same level of systematic risk as the market. A beta greater than 1 indicates that the security or portfolio has higher systematic risk than the market, and a beta less than 1 indicates lower systematic risk.

For example, if a stock has a beta of 1.5, it is expected to be 50% more volatile than the overall market. Therefore, if the market were to increase by 10%, the stock would be expected to increase by 15%. Conversely, if the market were to decrease by 10%, the stock would be expected to decrease by 15%.

Beta is used by investors and analysts to assess the risk of a security or portfolio and to make investment decisions based on expected returns and risk levels. It is also used in the capital asset pricing model (CAPM) to calculate the expected return of an asset based on its beta and the risk-free rate of return.

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On March 1st, Jones Corporation purchased 1,000 shares of previously issued common stock, paying $2 per share. On April 1st, Jones sold 500 shares at $2 per share. What is the journal entry to record the sale of the 500 shares

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A journal entry that uses the words "common stock," "treasury stock," and "cash" to reflect the sale of 500 shares on April 1 must be entered. The journal entry to record the sale of the 500 shares would be:

Date: April 1st
Account Debit Credit
Cash $1,000
(500 shares x $2 per share)
Common Stock $1,000
(500 shares x $2 per share)

Jones Corporation purchased 1,000 shares of previously issued common stock on March 1st for a total of $2,000. On April 1st, they sold 500 shares at $2 per share, receiving a total of $1,000. The journal entry records the decrease in the number of shares held by Jones Corporation (represented by the credit to common stock) and the increase in cash (represented by the debit to cash) from the sale of the shares.

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Generally, MNCs with more foreign costs than foreign revenues will be ____ affected by a ____ foreign currency.

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Generally, MNCs with more foreign costs than foreign revenues will be negatively affected by a strengthening foreign currency.

Generally, MNCs with more foreign costs than foreign revenues will be positively affected by a stronger foreign currency. This is because when the foreign currency strengthens, the MNC's foreign costs decrease in their domestic currency terms, which can lead to increased profits. Conversely, when the foreign currency weakens, the MNC's foreign costs increase in their domestic currency terms, which can lead to reduced profits. Therefore, a stronger foreign currency can benefit MNCs with more foreign costs than foreign revenues, as it reduces their overall costs and improves their profitability.

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The purchase of bonds from the public increases the ______ ability of the commercial banking system.

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The purchase of bonds from the public increases the lending ability of the commercial banking system. The purchase of bonds from the public increases the "reserve" ability of the commercial banking system.

When the central bank purchases bonds from the public, it injects money into the economy, which increases the reserves of commercial banks. As a result, these banks can extend more loans and provide additional credit to businesses and individuals, thereby increasing their lending ability and supporting economic growth.

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