The correct answer is B) ) Dayson is from a high-context culture, and Claudia is from a low-context culture.
Explanation:
The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.
On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.
The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of inventory to dispatch its bags of wheat. Which of the following strategies does this scenario best illustrate?
A. corporate strategy
B. functional strategy
C. master strategy
D. business strategy
Answer:
Option B "functional strategy " is the correct option.
Explanation:
A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.And therefore this strategy demonstrates best the specific situation.
Suppose the governments of two different economies, economy A and economy B, implement a permanent tax cut of the same size. Investment spending in economy A is more sensitive to changes in the interest rate than investment spending in economy B. The economies are identical in all other respects. The tax cut will have a smaller impact on aggregate demand in the economy with the
Available Options Are:
a) higher sensitivity to changes in the interest rate, or
b) lower sensitivity to changes in the interest rate
Answer:
Option A. Higher sensitivity to changes in the interest rate
Explanation:
The reason is that the tax cut will encourage foreign investment and this increase in Foreign Investment will increase the GDP but by small amount. However, the higher interest rate in an economy always raises additional money in an economy which companies invest to purchase the new GDP. Thus the GDP growth is highly sensitive to changes in interest rate.
Robert withdrew $100,000 from an account that paid 10 percent annual interest and used the funds to purchase real estate. After one year he sold the property for $120,000. The accounting profit on this deal was:
Answer:
$20,000
Explanation:
Data provided in the question
Sale value = $120,000
Withdrawn amount = $100,000
The computation of accounting profit on this deal is shown below:-
Accounting profit on this deal = Sale value - Withdrawn amount
= $120,000 - $100,000
= $20,000
Therefore for computing the accounting profit on this deal we simply applied the above formula.
If the economy is hit by a negative real shock that raises inflation and unemployment, which fiscal policy action should the government take in order to keep inflation and unemployment stable?
Answer: There is no fiscal policy action that can keep the inflation and unemployment stable.
Explanation:
If there is a negative real shock such as an oil crisis, it will be hard fir the affected economy to adjust and be stable.
A negative real shock will lead to a reduction in growth and a rise in inflation. Even in cases whereby there is an increase in the money supply, this will lead to a rise in real growth but the result will be that there will be an higher inflation
Therefore, there is no fiscal policy action that can keep the inflation and unemployment stable.
A company’s perpetual preferred stock has a par value of $15 million and pays a dividend rate of 7.5% per year. The company’s tax rate is 42%. If the preferred stock’s market value is $14.1 million, what is the company’s annual cost of preferred stock financing? Question 2 options: 1) 7.98% 2) 8.25% 3) 6.89% 4) 7.64% 5) 7.23%
Answer:
1) 7.98%
Explanation:
The solution to the company’s annual cost of preferred stock financing is shown below:-
The Annual cost of preferred stock financing = Preferred stock par value × Dividend rate per year ÷ Market value
= $15 million × (0.075) ÷ $14.1 million
= 7.98%
Therefore for computing the Annual cost of preferred stock financing we simply applied the above formula.
In the contracting process, a licensee must be careful to:__________
a. avoid giving the principal any advice about the transaction.
b. describing the normal requirements of a contract to a client.
c. drafting a contract illegally.
d. pointing out to the principals the importance of meeting contingency deadlines.
Answer:
c. drafting a contract illegally.
Explanation:
In the contracting process, a licensee must be careful to drafting a contract illegally. The licensee can be defined as an individual or group of people holding a license given to them by an authority or authorized agencies, to engage legally in an activity.
Hence, it is required by law that whatever the licensee does after the acquisition of a license must be legal and not a violation of standard rules, and policies of the state or society. Licensee are to abide by the terms and conditions of the license.
A country has been in existence for only two years. In the first year, receipts were $1.0 million and outlays were $1.5 million. In the second year, receipts were $1.5 million and outlays were $2.0 million. At the end of the second year, the government had issued debt worth ______.
Answer: $1 million
Explanation:
From the question, we are informed that a country has been in existence for only two years and that in the first year, receipts were $1.0 million and outlays were $1.5 million. Since outlays us more than revenue, it shows that there's a debt of ($1.5m - $1.0m) = $0.5 million.
In the second year, receipts were $1.5 million and outlays were $2.0 million. This also shows that there is a debt of $0.5 million.
At the end of the second year, the government had issued debt worth:
= $0.5 million + $0.5 million
= $1 million
n the context of SWOT analysis, which of the following best exemplifies a firm's external opportunity? an increase in its brand equity an increase in its employee productivity an increase in its customers' disposable income an increase in its financial resources
The correct answer is C. An increase in its customers' disposable income
Explanation:
In businesses, the SWOT analysis helps a business grow and improve by considering its strengths which refer to advantages or qualities; weaknesses or areas to improve; opportunities or factors that can contribute positively; and threats or factors that might influence negatively.
In this context, external opportunities refer to factors beyond the control of the business that can make it grow. This includes an increase in the customers' disposable income, which refers to the money customers can spend as they wish because if customers have more money to spend the sales of the business can increase.
TimeEnough Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady, but might be growing. According to the BCG growth matrix, TimeEnough is a
Answer:
Time Enough is a question mark.
Explanation:
In the BCG growth matrix, question marks are those firms that have a low market share, but that are growing, however, it is still uncertain where said firms will stand in the future.
Time Enough is a question mark because while the firm's earnings have been usteady, there is still evidence that the firm is growing, so the firm could become a star or a cash cow in the future.
Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a(n) ______________, Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.
Answer: letter of credit .
Explanation:
A letter of credit is known as
a trade finance mechanism also known as "letter of undertaking" used as a guarantee document that the payment of goods and services will be fulfilled between a seller and a buyer.It is also known as documentary credit or a bankers commercial credit.Hence, Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a letter of credit , Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.
How does merit pay differ from a bonus? Group of answer choices A bonus becomes part of an employee's base pay, but merit pay does not. A bonus is linked to individual performance, while merit pay is linked to team performance. Merit pay is linked to individual performance, while a bonus is linked to team performance. Merit pay becomes part of an employee's base pay, but a bonus does not.
Answer: Merit pay becomes part of an employee's base pay, but a bonus does not.
Explanation:
A merit is an increase in the salary of an employee due to the employee's performance, dedication and hardwork towards his or her job and it is becomes part of the base pay of the employee.
A bonus is a financial compensation that is given to a worker. It should be noted that the bonus is usually a one time payment and doesn't become part of a worker's pay.
Some argue that the Federal Reserve lowering interest rates from mid-2000 to the end of 2002 greatly increased the money supply; however, opportunities to invest yielded paltry returns leading bankers to offer _____ in order to earn a higher return.
Answer: Subprime mortgage loans
Explanation: In other earn higher return, subprime mortgage loans provides bankers the opportunity to charge borrowers higher rates on loans offered. This is because subprime mortgage loans are usually offered to credit defaulters. That is, customers with low credit score due to inconsistencies in their credit repayment due to late payment and poor credit history. Due to poor credit score and low tendency to repay borrowed amount, hence posing a high risk of recouping their fund, such borrowers would find it difficult to qualify for conventional mortgage plans. Subprime mortgages offers a lifeline though but at higher rates.
King Construction Company receives weekly shipments of lumber, vinyl siding, and stone slabs from one of its materials suppliers. Since King Construction Company is a regular customer, the supplier has made an agreement to give the company discounts if it pays its bill early. This is an example of
Answer:
Trade credit
Explanation:
The trade-credit refers to the increase in credit by the suppliers. There is an option to purchase now and pay later. The company could take order with respect to material delivery, equipment on credit instead of paying in cash on an immediate basis. This can be done by using the trade credit
Therefore according to the question, since it is mentioned that there is an agreement that if pay the bill on early so the company provides the discount
So, this is an example of Trade credit
This is a Trade Credit illustration.
A trade credit agreement is a contract that allows you to buy products and services without having to pay for them right away. The buyer and the vendor come to an agreement, and the seller delivers the goods and services purchased. It is more beneficial to the expansion of a firm.
According to this knowledge, King Construction Firm is a regular customer, and there is an understanding that if the bill is paid early, the company will give a discount.
Learn more:https://brainly.com/question/2911975?referrer=searchResults
The owner of Mercury Appraisal Company held a ribbon-cutting event when he opened his new business. He invited city dignitaries, representatives from all the news media, and anyone who might have need of his services to the event. The goal of his promotion was most likely to:
Answer:
create awareness
Explanation:
Based on this scenario it can be said that the main goal of this promotion was to create awareness. This means grabbing the attention of as many individuals as possible in order to spread the company's reach. Doing so allows a wider population to get to know the company which in term leads to more clients doing business with Mercury Appraisal Company, and more business means more profits.
hen Jayden, a salesman at Srastis, a company that sells home appliances, did not achieve his sales targets for three consecutive quarters, his manager asked him to resign. In the context of human resource planning, this scenario best illustrates _____ at Srastis.
Answer: Employee separation
Explanation:
From the question, we are informed that Jayden, a salesman at Srastis, a company that sells home appliances, did not achieve his sales targets for three consecutive quarters, and that his manager asked him to resign.
In the context of human resource planning, this scenario best illustrates employee separation. Employee separation has to do with situation whereby the services of an employee is no longer needed by an organization.
When a security is being registered under coordination, all of the following are required EXCEPT A) filing with the Administrator of a statement of the maximum and minimum proposed offering price and maximum underwriting discounts or commissions concurrently with the filing of the registration statement with the SEC B) payment of the appropriate fee C) a description of the proposed use of the proceeds of the underwriting D) prompt filing with the Administrator of any amendments filed with the SEC
Answer:
C) a description of the proposed use of the proceeds of the underwriting
Explanation:
When registering security by coordination, it is required that the applicant pays the appropriate fees required by law before the process begins. He is also expected to make proper documentation and filing with the Administrator at the Securities Exchange Commission. Any amendments made in former agreements are to be filed. An undertaking is to be signed by the applicant to document any future amendments.
The applicant is also expected to provide a statement of the maximum and minimum price offering, underwriting discounts, or commissions. Price Amendments are to be filed with the Administrator too. He is not expected to provide a description of the proposed use of the proceeds of the underwriting.
Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
Marguerite had been asked by her manager to write a summary of a seminar she had attended. Marguerite’s summary explained that the speaker’s thick accent and excessive use of jargon made it hard for her to follow his presentation. It’s clear that Marguerite experienced _____ barriers during the seminar.
Answer:
language barriers
Explanation:
Since in the question, it is mentioned that there is excessive use of jargon which results in difficulty to understand what the speaker wants to communicate and due to which it becomes harder to her to follow his presentation.
Here jargon means unique words which unable to understand by the group of people
Therefore this is a language barrier during the seminar
As Adam traveled across the state of Tennessee, he stopped and bought gas, a bottle of soda, and a bag of corn chips at a small store that he will probably never visit again. What type of transaction did Adam engage in when he made these purchases?
Answer:
Solo exchange.
Explanation:
Solo exchange is a type of market exchange where there is a short time horizon for the customer-salesperson relation or interaction. This exchange is conflicting in nature, involving a bargain system.
It involves no bonds or any interest in the other party. Consisting of a simple transaction, this short term interaction involves the parties caring about their interests. So, when Adam bought the items from a small store that will never be revisited constitutes a form of solo transaction.
When Jones Foods decided to enter Germany, a highly developed market, it found that it competed with hundreds of brands. In terms of communication strategy, in highly developed countries such as Germany which is typically true
Answer: noise is extremely high
Explanation:
Communication strategies are the plan used in order to achieve the communication objectives. It should be noted thqt communication strategies can apply to marketing communications, public relations and internal communications.
In terms of communication strategy, in highly developed countries such as Germany, one thing that will be evident is that the noise will be extremely high.
James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four times per month at his local branch. He does not overdraft his account and plans to use direct deposit. He also plans to pay his bills online and he averages 8 bills per month.Which checking account would be best for James?
A. Account B
B. Account A
The question is incomplete:
The image with the information of account A and B is attached
Answer:
B. Account A
Explanation:
The answer is that the checking account that would be best for James is account B because it doesn't require a minimum balance, the ATM usage fee is $0 for all ATMs, the monthly fee is $0 if he uses direct deposits as he plans to do, the online bill payment is free and the annual fee is $0 while account B has an annual fee of $36 making it more expensive.
Answer:
acc A
Explanation:
After struggling with the accounting training, Peter is unsure whether he can complete the end-of-year financial reporting with no errors in the time allotted. In this case, Peter is low on the ______ element of expectancy theory.
Answer: expectancy
Explanation:
From the question, we are informed that Peter struggled with the accounting training, and as a result is unsure whether he can complete the end-of-year financial reporting with no errors in the time allotted.
This shows that Peter is low on the expectancy element of expectancy theory. Expectancy element in the expectancy theory is when one has the belief that his or her effort will lead to the achievement of ones goals and objectives.
Laura Pine worked as a welder for BCD Company for ten years before it changed its rigid tuition reimbursement policy. This year, the new education support policy will allow her to take any course that interests her, not just a course in her field of employment. She is very excited about this and has enrolled in two management courses. She has always thought she had the ability to become a good manager. Laura is attempting to satisfy her ____ needs.
Answer: self-actualization
Explanation:
From the question, we are informed that Laura Pine worked as a welder for BCD Company for ten years before it changed its rigid tuition reimbursement policy.
We are further informed that this year, the new education support policy will allow her to take any course that interests her, not just a course in her field of employment and that she is very excited about this and has enrolled in two management courses.
She has always thought she had the ability to become a good manager. This shows that Laura is attempting to satisfy her self actualization needs.
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entries into three accounts: Purchases, Freight Costs, and Purchase Discounts. Based on this, what type of inventory system does Badger Enterprises use
Answer: periodic inventory system
Explanation:
The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.
In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.
Samira works for a company with a strict top-down structure. Her daily tasks must conform carefully to written guidelines and rules, and she has very specific job responsibilities. Samira works for a(n) ______.
Answer:
Samira works for a mechanistic organization.
Explanation:
A mechanistic organization is one in which decision making is very centralized and hierarchical. The name of mechanistic organization comes from an analogy with a "machine", machines are run based on predetermined algorithms, and mechanistic organizations can be so rigid as to seem like they run almost like perfect machines.
Broker Freehand and Broker Getrich make a deal that Freehand will take all the listings on the north side of town, which are located near his office and Broker Getrich will take all the listings on the south side near his office. They have agreed not to cross into each other's territories or allow their salespeople to do this. They have also agreed to set their rates at 7% so that the sellers will all pay the same fee. Is this acceptable?
Answer:
It is not acceptable
Explanation:
The office of Broker Freehand is located on the north side of town while the office of Broker Getrich is located on the south side of town but the office location shouldn't make a basis for such agreement because such agreement is a breach of Sherman Anti trust act
Sherman antitrust act is an act that was made to stop monopoly of a businesses by a group of firms or individuals with the aim of dictating prices of goods and services in the market. The agreement between Broker Freehand and Broker Getrich will eliminate fair market competition for other Brokers and will also set the prices of the listing since the rates charged by both would be fixed at 7%
Q 8.32: The financial statements of the Otter Company report net sales of $800,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for the Otter Company
Answer:
26.67 times
Explanation:
The financial statements of the Otter company reports a net sales of $800,000
The account receivables at the beginning of the year is $40,000
The account receivables at the end of the year is $20,000
Therefore, the account receivable turnover for the Otter company can be calculated as follows
= $800,000/($40,000+$20,000/2)
= $800,000/($60,000/2)
= $800,000/$30,000
= 26.67 times
Hence the account receivable turnover for the Otter company is 26.67 times
A firm has a debt-to-equity ratio of 1.0. If it had no debt, its cost of equity would be 12 percent. Its cost of debt is 9 percent. What is its cost of equity if there are no taxes?
Answer:
15%
Explanation:
The computation of the cost of equity in case of no taxes is shown below:
Cost of equity without tax = Cost of equity + (cost of equity - cost of debt) × debt equity ratio
where,
Cost of equity = 12%
Cost fo debt = 9%
And, the debt equity ratio = 1
Now placing these values to the above formula,
So, the cost of equity without considering the tax is
= 0.12 + (0.12 - 0.09) × 1
= 0.12 + 0.03 × 1
= 0.12 + 0.03
= 0.15
= 15%
All of the following statements about stock indexes are true EXCEPT
A. stock indexes are based on criteria that define the market segment of interest.
B. stock indexes replicate the market activity in a certain segment of the stock market.
C. stock indexes are unbiased and perfect indicators of market activity.
D. stock indexes can serve as a benchmark to evaluate investment manager performance.
Answer:
C. stock indexes are unbiased and perfect indicators of market activity.
Explanation:
Stock indexes are a tool that is used to track a group of assets using standardised criteria.
Usually indexes monitors a group of securities. Indexes can be broad based or specialised.
Indexes are statistically derived benchmarks that securities are measured against. They are however not unbiased and perfect indicators of market activity.
This is because investor behaviour cannot be guaged statistically.
However indexes replicate the market activity in a certain segment of the stock market, serve as a benchmark to evaluate investment manager performance, and are based on criteria that define the market segment of interest.
An investor does not need to constantly modify their portfolio make-up, but wishes to have a certain level of freedom to make adjustments to the portfolio over a 20-year timeframe. The investor would like to keep transaction costs and tax consequences as low as possible and likes to keep risk levels low as well. Which of the following would be good choices for an investor who has these characteristics?
It would be suitable for this investor to day trade using a high degree of leverage.
It would be suitable for this investor to use a rebalancing strategy.
It would be suitable for this investor to use a buy and hold strategy.
It would be suitable for this investor to use a strategic asset allocation approach.
[A] I and II only
[B] II and III only
[C] II and IV only
[D] III and IV only
Answer:
C. II and IV
Explanation:
Since the investor is aimed at maintaining his freedom to adjust the portfolio but also want to keep transactions cost, tax, risk, etc low, the investor will have to use a strategic asset allocation strategy or a rebalancing strategy.
This strategies helps to balance investments and allow investor flexibility. Unlike the other strategies in I and III, I has high risks involved as well as requires a high capital which is not conforming with the mindset of the investor. III on the other hand, keeps transaction cost and tax low but gives no freedom to the investor. This also negates the aim of the investor.
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