Answer:
lifetime annuity with period certain settlement option
Explanation:
Based on the specifications that Tom is looking for, he should consider the lifetime annuity with period certain settlement option. This is an annuity that pays a benefit to the annuitant until death, but with a period certain option, the estate's beneficiary will continue to receive annuity payments until the specified timeframe of the period certain expires. Which would meet the requirements that Tom is looking for.
katie, a salesperson for so1 computers, is faced with an objection from one of her prospects. the prospect says that the fraphics of the computers do not meet his requirements. katie listens to
Complete question reads;
Katie, a salesperson for Sol Computers, is faced with an objection from one of her prospects. The prospect says that the graphics of the computers do not meet his requirements. Katie listens to the objection and makes it known to her prospect that she has received the message. According to the LAARC method, which of the following should Katie do next?
(A) Continue listening
(B) Assess the objection
(C) Ask confirmatory questions
(D) Respond to the objection
(E) Change the subject of the conversation
Answer:
(B) Assess the objection
Explanation:
Remember, the LAARC method an acronym fully means;
Step 1: LISTEN,
Step 2: ACKNOWLEDGE,
Step 3: ASSESS,
Step 4: RESPOND,
Step 5: CONFIRM.
So, at this point according to the LAARC method, Katie should access the objection by getting a sense of why the prospect feels the computer does not meet requirements. Her ultimate goal is to try and ensure a sale of the computer.
Natalie is using Monster and CareerBuilder in her job search. These sites are examples of ________.
Answer:
General purpose Job boards
Explanation:
A job board can be straightforwardly defines as a website where employers advertise job openings for job seekers
A general purpose job board as seen in the question can be defined as a website that offers job recruitment services in its entirety.
This means that both employees and employers use the site to search for and advertise job openings to job seekers respectively. Popular job boards include Glassdoor, Linkedin, etc.
Cheers.
establishing selling prices based on the economic worth of benefits their goods and servies provide to customers is the basis of
Answer: Value based Pricing
Explanation:
Value based pricing refers to the method of pricing in which companies value their products depending on the perceived economic worth of benefits their goods and services provide to customers.
In other words it is customer based pricing that focuses on what the customer believes the products are worth. For this reason, this valuation type method is best for companies that offer a unique experience that consumers feel they cannot get anywhere else and so will value the products quite highly. An example would be Apple products.
While watching television, Jillian saw a commercial for a product that was "made in Taiwan." She immediately dismissed the product being advertised because the last item she bought that was made there fell apart in just two weeks. What is affecting this advertising communication
Answer: Source effects
Explanation:
From the question, we are informed that while watching television, Jillian saw a commercial for a product that was "made in Taiwan and that she immediately dismissed the product being advertised because the last item she bought that was made there fell apart in just two weeks.
This communication issue is due to source effect. This is when one believes a product will either be good or bad based on the products one has earlier used from the source which could be same company, same country etc.
Gabriele Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and selling for $780. At this price, the bonds yield 6.9 percent. What must the coupon rate be on the bonds?
Answer:
The coupon rate on the bonds is 4.73%
Explanation:
To calculate the coupon rate of the bond, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Let coupon rate be x.
Coupon Payment (C) = 1000 * x = 1000x
Total periods (n)= 18
r or YTM = 6.9%
The formula to calculate the price of the bonds today is attached.
We will input the values of the available variables.
780 = 1000x * [( 1 - (1+0.069)^-18) / 0.069] + 1000 / (1+0.069)^18
780 = 1000x * (10.13209373) + 300.8855326
780 - 300.8855326 = 1000x * 10.13209373
479.1144674 / 10.13209373 = 1000x
47.28681752 / 1000 = x
x = 0.04728681752 rounded off to 0.0473 or 4.73%
On hot summer days, electricity-generating capacity is sometimes stretched to the limit. At these times, electric companies may ask people to voluntarily cut back on their use of electricity. On these days, electricity is:_____
a. excludable, but nonrival in consumption.
b. excludable and rival in consumption.
c. not excludable and nonrival in consumption.
d. not excludable, but rival in consumption.
Answer:
b. excludable and rival in consumption
Explanation:
For categorizing the goods as private or public, the two terms we need to understand i.e. rivalry and excludability
The rivalry refers only one person could consume it no other has the right to consume the same thing
While on the other hand, the excludable arise when you stop someone from using a particular thing
So here in the given case, the option b is most appropriate as it is fit to the scenario
If you hear in the news that the Federal Reserve conducted open-market sales, then you should expect
Answer: money supply to increase
Explanation:
When the Federal Reserve conducts open-market sales, then you should expect that there will be an increase in the money supply in the economy.
Open market operations is typically used by the government as an expansionary policy in order to have more money in the economy and also for people to buy more goods and services in the economy.
Of the 1,600 units sold during the period, 300 were from the beginning inventory; 500 from the first purchase; 600 from the second purchase; and 200 from the last purchase. Using the weighted-average costing method and rounding the average unit cost to the nearest whole cent, the value of the inventory on hand at the end of the period would be
Answer:
$2,650
Explanation:
the first part of the question is missing:
"The following data applies to a particular item of merchandise: On hand at start of period 300 $5.10 1st purchase 500 $5.20 2nd purchase 700 $5.30 3rd purchase 600 $5.50 Number of units available for sale 2,100"
beginning inventory 300 units at $5.10 = $1,530
1st purchase 500 units at $5.20 = $2,600
2nd purchase 700 units at $5.30 = $3,710
3rd purchase 600 units at $5.50 = $3,300
total number of units 2,100
total cost = $11,140
average cost per unit = $5.30
ending inventory = 500
value of ending inventory using average cost = 500 x $5.30 = $2,650
A company investing borrowed funds expects to earn a return greater than the interest it will pay for the use of funds is using
Answer:
Financial leverage
Explanation:
Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).
When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.
Use of equity is the only option where no extra cost is incurred for use of funds.
When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.
This practice is called use of financial leverage.
establishing a strong, defensible market position, and (2) achieving financial objectives that repay investment as its main priorities?
Answer: Growth Stage
Explanation:
The priorities in the growth stage of the Product Life cycle are to achieve a strong, defensible market position, as well as to achieve financial objectives that repay investment.
The Growth stage is the second stage in the Product Life Cycle where the product is now beginning to gain popularity amongst people which is translating to increased sales and profitability. As a result, the company would want to prioritise using this time of it being popular to get it into a strong position in the market so that it can remain a success.
They would also want to leverage the profits coming in to be able to repay the investment.
The level of savings in Japan has historically been high relative to the level of domestic investment. Based on this information, we would expect that
Answer:Japan's net exports have been relatively high.
Explanation:
Japan is one company that's really stable in the world economy. It has so many factories around it's state that it enables them produce most of what they use and helps them have a large export marketing drive as most of their goods are desired worldwide. This makes their net exports very high.
The term _____________ describes a situation where a ________________ causes a reduction in the buying power of income, even though actual income has not changed.
Answer:
income effect; higher price
Explanation:
Income effect is a change in demand for a good or service as a result of a change in a consumer's purchasing power resulting from a change in income or price.
If price increases, the purchasing power is reduced and as a result of the income effect, the demand for a good falls.
Income effect is one of the factors that explain a downward sloping demand curve. the other effect is the substitution effect
What are three common business uses of information and communication systems.
Answer:
TPS, DSS, MIS, and ESS
Explanation:
I think, i might not be right
Who has the authority to approve for return to service a powerplant and propeller or any part thereof after a 100 hour inspection
Answer: A mechanic with a powerplant rating.
Explanation:
A mechanic with a powerplant rating has the authority to approve for return to service a powerplant and propeller or any part thereof after a 100 hour inspection.
100-hour inspection which is typically required by the Federal Aviation Regulations can be performed by the mechanic that has powerplant rating since they are certified.
When a corporate name such as Sony is combined with a product brand name such as Walkman, the brand category is referred to as:
Answer:
Tiered brand
Explanation:
Tiered branding is a strategy used to leverage a company's reputation for a product line. This develops a distinct identity for the product line.
In the given scenario Sony brand I being leveraged to promote the Sony Walkman.
Usually the common tiered branding is two tiered branding. The top tier is the parent brand while the second tier is the sub brand.
So Walkman is the sub brand that uses the reputation of Sony to boost awareness and sales of the new product.
A buyer and seller enter into a written contract for the sale of a four-bedroom home. If either party defaults under the contract, the other party has how much time to file a lawsuit for specific performance?
Answer: Four years
Explanation:
One of the vital reasons for agreement is that they bind both parties in fulfilling each other's vow to what they have agreed and when any of the party goes contrary to the agreement a law suit is filed against them, the specific time to file a law suit against the other party involving structures is four years.
"An officer of MNO Corporation wishes to sell stock under Rule 144. MNO has 50,000,000 shares outstanding. The previous weeks' trading volumes are:"
On November 23rd, an officer of MNO Corporation wishes to sell stock under Rule 144. MNO has 50,000,000 shares outstanding. The previous weeks' trading volumes are:
Week Ending Volume
Nov 21 : 500,000 shares
Nov 14 : 525,000 shares
Nov 7 : 485,000 shares
Oct 31 : 450,000 shares
Oct 24 : 400,000 shares
If the Form 144 is filed today, the maximum sale is:
Answer:
500,000 shares
Explanation:
Given that: according to rule 144, which enables the sale of the greater of 1% of the outstanding shares or the weekly average of the preceding 4 weeks trading volume every 90 days.
Then, we have 1% of 50,000,000 shares = 500,000 shares. The last 4 weeks' trading volumes are:
500,000 shares
525,000 shares
485,000 shares
450,000 shares
1,960,000 shares / 4 weeks = 490,000 share average
Therefore, the greater amount is 1% of outstanding shares, which is 500,000 shares.
Sandy's Soda Co. is planning an investment in new cooling equipment that would cost $56,000. The new equipment would save on operating costs over the next 5 years as follows: $21,500 in year 1; $23,100 in year 2; $19,000 in year 3; $13,900 in year 4; and $15,200 in year 5.The payback period for the cooling equipment is ______ years.
Answer:
It will take 3 years and 219 days to cover for the initial investment.
Explanation:
Giving the following information:
Initial investment= $56,000
Cash flow:
$21,500 in year 1
$23,100 in year 2
$19,000 in year 3
$13,900 in year 4
$15,200 in year 5
The payback period is the time required for the cash flow to cover the initial investment.
Year 1= 21,500 - 56,000= -34,500
Year 2= 23,100 - 34,500= -11,400
Year 3= 19,000 - 11,400= 7,600
To be more accurate:
(11,400/19,000)*365= 219
It will take 3 years and 219 days to cover for the initial investment.
Considering the situation described above, the payback period for the cooling equipment is 2.6 years.
The step by step is explained below for better illustration:
Given that Initial investment= $56,000
Where Cash flow in year 1 => $21,500
Cash flow in year 2 => $23,100
Cash flow in year 3 => $19,000
Cash flow in year 4 => $13,900
Cash flow in year 5 => $15,200
Therefore, the payback period is the time required for the cash flow to cover the original investment.
Hence, after two years, $44,600 ($21,500 + $23,100);
The amount left to be paid back is ($56,000 - $44,600) => $11,400
Therefore, $11,400 ÷ $19,000 = 0.6;
Thus, the total payback period is approximately 2.6 years.
Learn more about the payback period here: https://brainly.com/question/17109529
Susan is thinking of putting her home up for sale but doesn't want to use a real estate agent. What are her options?
(A) Susan must obtain her real estate license or use a licensed real estate agent to sell her property. She cannot be compensated for the sale of her property unless she is representing another person.
(B) Susan may sell her property herself without obtaining a real estate license. Although she will be compensated for the sale of her home, she is not representing another person.
(C) Susan will be negotiating the purchase price of her home and must be licensed to do so.
(D) Both A and C
Answer: B. ) Susan may sell her property herself without obtaining a real estate license. Although she will be compensated for the sale of her home, she is not representing another person.
Explanation:
From the question, we are informed that Susan is thinking of putting her home up for sale but doesn't want to use a real estate agent.
In this scenario, the ideal thing for Susan to do is to sell her property herself without obtaining a real estate license. Although she will be compensated for the sale of her home, she is not representing another person.
Marianna has been returning from her lunch break 30 minutes late for the past 2 weeks. When her manager confronts her about it, she points out that everyone, including her manager, takes long lunches and makes up the half hour later in the day. The discipline of Marianna appears to violate which Just Cause test?
a. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged?
b. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee's proven offense and the record of the employee's service with the company?
c. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee's conduct?
d. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
Answer:
d. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
Explanation:
The seven tests for Just Cause are the following:
Adequate warning Reasonableness Completeness of investigation Objectivity of investigation Proof of infraction Uniformity of the rules application (option D refers to this specific Just Cause test)Reasonableness of discipline.The Just Cause tests are used to determine if any disciplinary or termination action was fair, and not just because the employer or supervisor wants to.
"A customer wishes to open an account that will be used primarily to buy initial public offerings (IPOs). Which statement is TRUE regarding the proper procedure for prequalifying the account?"
Answer:
pos
Explanation:
it is glass because post is not a thing
Competitive rivalry based solely on____is destructive to firms as it transfers most of the value created in the industry to the customers. a) price-cutting.b) new product releases.c) promotional campaigns.d) product differentiation.
Answer:
a) price-cutting
Explanation:
Due to the cutting in prices of the product for the competitive rivalry it creates a destructive to a firm as it transforms most of the values that are developed to the industry to the customers
The other factors like the introduction of the new product, promotional campaigns, product differentiation does not have made any destructive
Therefore the correct option is B.
Vane's income tax rate is 30%. In Vane's 20X3 multiple-step income statement, what amount should Vane report as income after income taxes from continuing operations
Answer:
The correct option is A. $126,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation to the answer now provided as follows:
A multi-step income statement can be described as an income statement that provides gross profit and each category of expenses and incomes in details to determine the net income of a business for a specified period.
The to determine the amount should Vane report as income after income taxes from continuing operations, we prepared its year-end multiple-step income statement as follows:
Vane Co.
Year-end multiple-step income statement
Particulars $ $
Sales 575,000
Cost of sales (240,000)
Gross income 335,000
Administrative expenses (70,000)
Selling and distribution exp.:
Sales commissions (50,000)
Freight out (15,000) (65,000)
Operating income 200,000
Interest income:
Interest revenue 25,000
Other expenses:
Uncollectible accounts expense (15,000)
Other income (loss):
Loss on sale of equipment (10,000)
Loss on early retirement of LT debt (20,000)
Income before tax 180,000
Tax ($180,000 * 30%) (54,000)
Income after tax 126,000
Therefore, Vane should report $126,000 as income after income taxes from continuing operations. That is, the correct option is A. $126,000.
If the transfer has no effect on fixed cost, the transfer price from the selling division's standard must be equal to or greater than the (variable cost per unit + _______) ÷ number of units transferred.
Answer:
Opportunity Cost
Explanation:
The minimum transfer price is a price that is acceptable to the transferring or selling division and out of a range of acceptable prices, it is the one that will be the best for the company.
Minimum transfer price = Variable Costs per unit + Opportunity Cost per unit - Internal Savings per unit.
The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest
Answer:
value
Explanation:
Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.
For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college
Suzie Smith is a real estate sales associate. She is a top producer and likes to maintain her independence. She sets up her office in her home, independent of the broker. She maintains her own telephone, secretary, administrative assistant and cell phone. She communicates with her broker once a week or he comes to see her at her office. Is this a workable situation?
Answer:
No
Explanation:
Suzie's situation isn't workable because she is meant to be under the direct supervision of her broker no matter what her personal preference for independence.
This is because should anything go wrong in any of her dealings, the brokers's license will be revoked. This means that the broker is directly responsible and accountable for her actions and as such must ensure that she is present at the office at all times.
Cheers.
If markets are ____, investors could use available information ignored by the market to earn abnormally high returns. Group of answer choices
Answer:
Inefficient.
Explanation:
Market efficiency can be defined as a measure of the degree to which prices in a market reflect all available and significant information at a specific period of time. A market is said to be efficient when all information has been incorporated into the prices of goods and services, and as such it is impossible to "beat" the market because there are no overvalued or undervalued stock.
Hence, when markets are inefficient, investors could use available information ignored by the market to earn abnormally high returns because the market doesn't reflect the all the informations such as the fair and true market value of assets.
had the following balances and transactions during 2018: Beginning Merchandise Inventory 10 units at $74 March 10 Sold 7 units June 10 Purchased 30 units at $84 October 30 Sold 25 units What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2018 balance sheet, using the periodic LIFO inventory costing method?
Answer:
$592
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
the ending inventory would consist of earlier purchased goods.
total goods sold is 32. it would be taken from the purchase on June 10 and 2 units would be taken from beginning inventory.
ending inventory = 10 -2 = 8 x $74 = $592
Alfred Zeien, former chairman of Gillette, once noted that his company’s Parker Pen unit does not have to develop a special model for Malaysia and Singapore, because shoppers worldwide seek the same things when buying a gift that will serve the recipient as a status symbol. This insight relates to which level of Maslow’s hierarchy of needs?
a. Physiological b. Safety c. Social d. Esteem e. Self-respect
Answer:SORRY I NEED ANSWERS
Explanation:
When Sony introduced the first consumer VCRs in the 1970s, the retail price exceeded $1,000. Within a few years, the price dropped well below $500. This is an example of: Group of answer choices
Answer:
Skimming strategy
Explanation:
The price skimming strategy refers to the strategy in which the firm charge high price at the earliest time and then it reduced the price as the time passes
Since in the question it is mentioned that first Sony introduced the VCR at $1,000 then it falls the price i.e less than $500
So this situation represents the skimming strategy