Compared to those with lower incomes, families with higher incomes are more likely to be headed by a married couple.
This is supported by research and data from various sources, including the U.S. Census Bureau.
There are various reasons why families with higher incomes are more likely to be headed by married couples. Some factors that may contribute to this include:
Economic stability: Higher-income families may be more financially stable and have more resources to support a marriage and family.
Education: Higher-income individuals may be more likely to have college degrees and higher levels of education, which have been linked to greater likelihood of marriage and family formation.
Cultural norms: In some cultures and communities, marriage and family are highly valued and expected, particularly among those with higher incomes.
Age: Individuals with higher incomes tend to be older on average, and older individuals are more likely to be married and have children.
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Waterway Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product: $22.80 Direct materials (6.00 kg at $3.80 per kilogram) Direct labour (2.40 hours at $12.50 per hour) $30.00 During the month of April, the company manutactures 210 units and incurs the following actual costs: $5,767 Direct materials purchased and used (1.460 kg) Direct labour (480 hours 55.760 Calculate the total price and quantity variances for materials and bou (Round Intermediate calculations to 2 decimal place, es. 1.25 and final answer to O decimal places, ex 125)
Total price variance = = $243.00 F (favorable), Total quantity variance = = $668.00 U (unfavorable)
To calculate the total price and quantity variances for materials and labor, we need to first calculate the actual cost per unit and the actual quantity of materials and labor used.
Actual cost per unit:
Direct materials: $5,767 ÷ 210 units = $27.46 per unit
Direct labor: $55,760 ÷ 480 hours = $116.17 per hour
Actual quantity of materials used:
1,460 kg
Now we can calculate the variances:
Material price variance:
AQ (actual quantity) x AP (actual price - standard price)
= 1,460 kg x ($3.95 - $3.80)
= $219.00 F (favorable)
Material quantity variance:
SP (standard price) x (AQ - SQ)
= $3.80 x (1,460 kg - 1,260 kg)
= $380.00 U (unfavorable)
Labor rate variance:
AH (actual hours) x AR (actual rate - standard rate)
= 480 hours x ($12.50 - $12.00)
= $24.00 F (favorable)
Labor efficiency variance:
SR (standard rate) x (AH - SH)
= $12.00 x (480 hours - 504 hours)
= $288.00 U (unfavorable)
Total price variance = Material price variance + Labor rate variance = $219.00 F + $24.00 F = $243.00 F (favorable)
Total quantity variance = Material quantity variance + Labor efficiency variance = $380.00 U + $288.00 U = $668.00 U (unfavorable)
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Suppose the reserve ratio is 20or all banks. if the fed increases bank reserves by $200, then the money supply will: decrease by $400. decrease by $1,000. increase by $1,000. increase by $400.
If the reserve ratio is 20% for all banks and the Fed increases bank reserves by $200, then the money supply will increase by $1,000. The correct option is increase by $1,000.
This is because the reserve ratio represents the fraction of deposits that banks are required to hold as reserves, and the remaining amount can be loaned out to customers. With a reserve ratio of 20%, banks can loan out 80% of the deposits they receive. When the Fed increases bank reserves by $200, banks now have more money to lend out, increasing the overall money supply.
The formula for calculating the change in the money supply is the reserve ratio divided by the reserve requirement times the change in reserves. In this case, the reserve ratio is 20%, and the change in reserves is $200. Therefore, the change in the money supply would be calculated as follows:
0.20 / 0.80 x $200 = $50 x 5 = $1,000
Thus, an increase in bank reserves by $200 would result in an increase in the money supply by $1,000, not a decrease. It's important to note that the actual impact on the money supply may vary depending on other factors such as the demand for loans and the willingness of banks to lend. The correct option is increase by $1,000.
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Dallas Pierce’s most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallas’s average daily balance, finance charge, and new balance. (Round your final answers to the nearest cent.)
30-day billing cycle
9/2 Billing date $ 1,200 previous balance
9/7 Payment $ 100 cr.
9/13 Charge: Kohl’s $ 350 9/17 Payment $ 200 cr.
9/28 Charge: WalMart $ 50
Average daily balance $
Finance charge $
New balance $
Dallas Pierce's average daily balance is $3,850, his finance charge is $11.89, and his new balance would be $1,311.89.
To calculate Dallas Pierce's average daily balance, we need to determine the daily balance for each day of the billing cycle and then average them. To do this, we will use the following formula:
Daily balance = (Previous balance * Number of days in billing cycle) + (Charge amount * Number of days since charge) - (Payment amount * Number of days since payment)
For example, the daily balance on September 7th (the day of the payment) would be:
Daily balance = ($1,200 * 7) + ($0 * 0) - ($100 * 0) = $8,400
Using this formula, we can calculate the daily balances for each day of the billing cycle and then find their average:
Sept. 2-6: $1,200 * 5 = $6,000
Sept. 7-12: $8,400
Sept. 13-16: $8,750 ($1,200 * 4 + $350 * 4 - $100 * 6)
Sept. 17-27: $6,850 ($1,200 * 11 + $350 * 11 - $200 * 7)
Sept. 28-30: $1,250 ($1,200 * 3 + $350 * 3 - $200 * 10 - $50 * 3)
Average daily balance = ($6,000 + $8,400 + $8,750 + $6,850 + $1,250) / 30 = $3,850
To calculate the finance charge, we need to multiply the average daily balance by the finance charge rate and the number of days in the billing cycle:
Finance charge = $3,850 * 0.18 * 30 / 365 = $11.89
Finally, to find the new balance, we need to add the previous balance, any charges, and the finance charge, and then subtract any payments:
New balance = $1,200 + $350 + $50 + $11.89 - $100 - $200 = $1,311.89
Therefore, Dallas Pierce's average daily balance is $3,850, his finance charge is $11.89, and his new balance is $1,311.89.
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leaders ________________ by recognizing contributions and celebrating values and victories.
Leadership is a crucial aspect of any organization or community, and effective leaders know that recognizing contributions and celebrating values and victories are important components of their role.
Leaders understand that each member of their team or group brings unique talents, skills, and perspectives, and they strive to acknowledge and appreciate those contributions. Whether it's publicly recognizing individual achievements or team accomplishments, leaders understand the power of positive reinforcement and how it can motivate and inspire their team.
Additionally, leaders understand that values are the guiding principles that underpin their Company culture and success. Celebrating these values can help reinforce their importance and inspire team members to embody them in their work.
Leaders who celebrate values and victories create a culture of positivity and appreciation that can motivate and inspire their team to achieve even greater success. In short, recognizing contributions and celebrating values and victories are essential elements of effective leadership, and leaders who prioritize these actions can inspire and empower their team to achieve great things.
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in latin america, free-market economic reforms in the _____ led to high growth in the ______.
In Latin America, free-market economic reforms in the 1980s led to high growth in the 1990s.
Agriculture and mining are the two primary economic sectors in Latin America. Large tracts of land in Latin America are abundant in minerals and other raw materials. Additionally, Latin America's tropical and temperate climates make it the perfect place to develop a wide range of agricultural products.
Economic growth can be influenced by changes in capital goods, labor force, technology, and human capital. Using estimates like the GDP, economic growth is frequently calculated as the rise in the total market value of newly created products and services. Because most nations only had one or two cash crops, they were forced to rely on other nations for other necessities.
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risk while driving is defined as the probability of _______, damage or loss
Risk while driving is defined as the probability of injury, damage, or loss.
Driving involves a certain level of risk, as there is always the possibility of an accident or other unexpected event that could result in injury, damage, or loss. The probability of such events occurring can be influenced by a range of factors, including the behavior of the driver, the condition of the vehicle, and the nature of the driving environment. For example, driving at high speeds or in hazardous weather conditions can increase the risk of an accident or other adverse outcomes.
To reduce the risk of harm while driving, it is important to practice safe driving behaviors, such as obeying traffic laws, avoiding distractions while behind the wheel, and maintaining the vehicle in good condition. In addition, it is important to be aware of potential risks in the driving environment, such as the presence of other drivers, pedestrians, or road hazards, and to take appropriate precautions to minimize those risks.
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restaurant equipment is generally thought to have a life expectancy of about __________ years.
Restaurant equipment is generally thought to have a life expectancy of about 5 to 10 years.
Restaurant equipment is subject to constant use, wear and tear, and exposure to heat, moisture, and other factors that can impact its performance and longevity.
As a result, the life expectancy of restaurant equipment is typically shorter than that of equipment used in other industries.
While some equipment may last longer than others, on average, most restaurant equipment is expected to last between 5 to 10 years before needing to be replaced.
Proper maintenance and regular cleaning can help extend the life of restaurant equipment, but eventually, all equipment will need to be replaced to ensure the safe and efficient operation of the restaurant.
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in a new product category, a company should ideally set low sales-target objectives. true false
False. In a new product category, it is not always ideal for a company to set low sales-target objectives. The appropriate sales-target objectives depend on various factors such as market potential, competition, and the company's resources and capabilities.
When entering a new product category, a company should analyze the market potential and consumer demand to estimate realistic sales targets.
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what term in a movie's budget refers to the costs incurred in contracting the main artists (director, writer, stars)?
The term in a movie's budget that refers to the costs incurred in contracting the main artists (director, writer, stars) is "above the line" expenses.
What's meant by above the line expenses?These expenses are typically negotiated separately from the rest of the film's budget and include the salaries and fees paid to the key creative personnel involved in the project.
Other expenses in a movie's budget, such as production costs and post-production expenses, are referred to as "below the line" expenses.
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a. suppose you write 40 of the mar 100 put contracts. what is your net gain or loss if hendreeks is selling for $96 at expiration? for $112? b. what is the break-even price, that is, the terminal stock price that results in a zero profit? (do not round intermediate calculations. round your answer to 2 decimal places.)
For part a, the answer is that the net gain or loss depends on the premium received for selling the put contracts and the stock price at expiration.
- If Hendreeks is selling for $96 at expiration, the put contracts will be exercised and you will have to buy 4000 shares at the strike price of $100. Your net loss will be the difference between the strike price and the stock price, minus the premium received for selling the puts. The calculation is:
Net loss = (100 - 96) x 4000 - premium
- If the premium is not given, we cannot calculate the net gain or loss. We need to know how much was received for selling the put contracts.
- If Hendreeks is selling for $112 at expiration, the put contracts will expire worthless and you will keep the premium received for selling them. Your net gain will be the premium. The calculation is:
Net gain = premium x 40
For part b, the main answer is that the break-even price is the strike price minus the premium received for selling the put contracts. The detailed answer is:
Break-even price = strike price - premium
- If the premium is not given, we cannot calculate the break-even price. We need to know how much was received for selling the put contracts.
- If the strike price is $100 and the premium is $2, the break-even price is:
Break-even price = 100 - 2 = $98.00
This means that if Hendreeks is selling for $98 or higher at expiration, you will make a profit. If it is selling for less than $98, you will make a loss.
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Suppose that the reliabilities of part A, part B, part C, andPart D are the same: 0.8 each. What is the reliability of thesystem as a whole? Choose the closest value. (You need to use acalculator.)
The reliability of the system as a whole is approximately 0.4096. This is the closest value to the system's reliability considering all parts in series with a 0.8 reliability each.
To determine the reliability of a system as a whole, you can use the formula for reliability of systems in series: R(system) = R(A) x R(B) x R(C) x R(D). In this case, the reliability of each part (A, B, C, and D) is the same, at 0.8 each.
To find the reliability of the system as a whole, multiply the reliabilities of the individual parts:
R(system) = 0.8 x 0.8 x 0.8 x 0.8
R(system) ≈ 0.4096
Therefore, the reliability of the system as a whole is approximately 0.4096. This is the closest value to the system's reliability considering all parts in series with a 0.8 reliability each.
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True/False. the four categories of expenditure (spending) in the economy are wages, rent, interest, and profit.
The statement "the four categories of expenditure (spending) in the economy are wages, rent, interest, and profit" is false because the four categories of expenditure in the economy are generally recognized as consumption, investment, government spending, and net exports.
Wages, rent, interest, and profit, on the other hand, are categories of income that are earned by households, businesses, and other economic actors. Wages are earned by workers, rent is earned by owners of land or other assets, interest is earned by owners of capital, and profit is earned by businesses.
While income and expenditure are related concepts in the economy, they represent different categories of economic activity.
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as a percentage of gni, the trend indicated is that the share of manufacturing in developed countries began to be surpassed by manufacturing in developing countries in the mid-1990s. was less than manufacturing in developing countries in the mid-1970s. was greater than manufacturing in developing countries in the late 1980s. was roughly equal to manufacturing in developing countries in the early 1990s. was roughly equal to manufacturing in developing countries in the early 1980s.
The share of manufacturing in developed countries was greater than manufacturing in developing countries in the late 1980s.
According to the trend, manufacturing in developing countries started to overtake manufacturing in rich countries in the middle of the 1990s. However, in the mid-1970s, the share of manufacturing in developed countries was less than manufacturing in developing countries. In the early 1990s and early 1980s, the share of manufacturing in developed countries was roughly equal to manufacturing in developing countries.
This trend indicates a shift in the global manufacturing landscape. In the mid-1990s, developing countries started to increase their share of manufacturing, resulting in a higher percentage of GNI when compared to developed countries. This change could be attributed to factors such as globalization, cost advantages, and technological advancements in developing countries during that time period.
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imagine you want to use conflict in a positive way. you decide to create a sense of competition among your team members. which of these tactics could create competition? require top producers to share their commissions with their teammates. acknowledge top performers in the company newsletter. throw a company party. hire an outsider to assess performance.
Out of the tactics mentioned, requiring top producers to share their commissions with their teammates and acknowledging top performers in the company newsletter could create healthy competition among team members.
This is because it incentivizes individuals to work harder and perform better in order to receive recognition or a share of the commissions. However, throwing a company party and hiring an outsider to assess performance may not necessarily create competition as they do not directly incentivize individuals to outperform their peers.
By doing this, you are recognizing and highlighting the achievements of top performers, which will encourage others to strive for similar recognition. This friendly competition can lead to increased motivation, productivity, and overall performance within the team.
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bruce is allotted $22 per week to buy fishing equipment and ammunition. what is the opportunity cost if he spends all $22 on fishing equipment?
The opportunity cost of spending all $22 on fishing equipment depends on whether Bruce needs ammunition to go fishing and the potential benefits that he may give up by not having any ammunition.
Opportunity cost refers to the benefits that a person gives up when choosing one option over another. It is the cost of forgoing the next best alternative. In this case, if Bruce spends all $22 on fishing equipment, he will not have any money left to buy ammunition. Therefore, the opportunity cost of spending all $22 on fishing equipment is the potential benefit that Bruce could have received if he had chosen to spend some of the money on ammunition instead.
The opportunity cost of spending all $22 on fishing equipment could be significant if Bruce needs ammunition to go fishing. For example, if Bruce goes fishing in an area with a lot of fish, but he does not have enough ammunition to catch them, he will not be able to take advantage of the opportunity to catch more fish. In this scenario, the opportunity cost of spending all $22 on fishing equipment would be the potential benefit of catching more fish that he missed out on by not having any ammunition.
Alternatively, if Bruce does not need ammunition to go fishing, then the opportunity cost of spending all $22 on fishing equipment would be relatively low. In this case, the potential benefit that Bruce gives up by not buying ammunition would be limited to any potential opportunities to hunt or shoot that may arise while he is fishing.
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in a secured loan, you may pledge property of value like a car or boat. what is this called?
In a secured loan, pledging property of value like a car or boat is called collateral. Collateral provides security to the lender in case the borrower defaults on the loan.
A secured loan is a type of loan where the borrower offers an asset, such as a car or boat, as collateral to secure the loan. This collateral acts as a form of insurance for the lender, providing them with a way to recover their money if the borrower fails to repay the loan. The collateral can be seized and sold by the lender to recoup their losses in the event of default. This arrangement reduces the risk for the lender, often resulting in lower interest rates for the borrower. Examples of secured loans include mortgages, auto loans, and boat loans, where the property being financed serves as collateral. In contrast, unsecured loans do not require collateral and rely on the borrower's creditworthiness for approval.
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based on the analysis completed above, what further testing, if any, needs to be performed over the identified risks and the remaining population? stated differently, do any further tests need to be performed or does the 3-way match visualization, combined with your tests of controls and additional visualizations, provide you with sufficient appropriate evidence to conclude about the occurrence of revenue at urgent?
Based on the analysis completed above, further testing may need to be performed over the identified risks and the remaining population. While the 3-way match visualization and tests of controls provide valuable evidence, additional testing may be necessary to fully assess the occurrence of revenue at Urgent.
It is important to ensure that all relevant risks have been identified and adequately addressed in order to provide sufficient appropriate evidence for a conclusive conclusion. Therefore, further testing may be necessary to ensure the accuracy and completeness of the data, and to mitigate any potential risks that may have been overlooked.
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in the entrepreneurial snapshot, buck knives found itself in the situation that the only way to save the three-generation family business was to
Buck Knives also invested in new technology and manufacturing processes to improve the quality and efficiency of its products. This allowed the company to increase its production capacity and reduce costs, which in turn allowed it to offer its products at more competitive prices.
diversify its product line and expand into new markets. Buck Knives faced a number of challenges, including increased competition, declining sales, and changing consumer preferences. In order to address these challenges, the company decided to expand into new markets by developing a range of new products that appealed to a wider audience.
In addition to diversifying its product line and expanding into new markets, Buck Knives also focused on building its brand and reputation. The company invested in advertising and marketing campaigns that emphasized the quality and craftsmanship of its products, and worked to establish itself as a leader in the knife industry.
Through these efforts, Buck Knives was able to successfully turn around its business and position itself for long-term growth and success. The company continues to innovate and expand into new markets, while staying true to its roots as a family-owned business that values quality, craftsmanship, and customer satisfaction.
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allowance for doubtful accounts is a.subtracted from notes receivable. b.added to accounts receivable. c.subtracted from cash. d.subtracted from accounts receivable.
Allowance for doubtful accounts is subtracted from accounts receivable. The correct answer is (d).
Allowance for doubtful accounts is a contra-asset account that is used to reduce the value of accounts receivable to its net realizable value. The net realizable value is the expected amount of cash that the company will collect from its accounts receivable after deducting the estimated amount of uncollectible accounts. By subtracting the allowance for doubtful accounts from accounts receivable, the company is able to show the net value of its accounts receivable on the balance sheet.
The correct answer is (d).
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what is not true of strategic planning? group of answer choices includes swot analysis is future-oriented should precede other management functions (i.e. organizing, staffing, etc.) only pertains to the highest level of the organization hierarchy factors in the organization's mission, vision, values and strategy
The statement that is not true of strategic planning is only pertains to the highest level of the organization. Option D is correct.
Strategic planning involves the process of defining an organization's strategy, goals, and objectives, and identifying the actions and resources required to achieve those goals. It is a future-oriented process that considers the long-term perspective of the organization.
Strategic planning typically includes a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) to evaluate the internal and external factors that may impact the organization's ability to achieve its goals.
Strategic planning should be integrated with other management functions, such as organizing, staffing, and controlling, to ensure that the organization is effectively implementing its strategy. It also involves considering the hierarchy factors of the organization, such as its mission, vision, values, and strategy, to ensure alignment throughout the organization.
Therefore, option D is correct.
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IGC Distribution Company has three warehouses in the USA. The company would like to perform a pilot study to evaluate the inventory cost in the warehouses. The pilot study will consider the warehouse located in Houston, TX and a distribution valve. Based on the past data it is estimated that demand for the distribution valve in Houston, TX follows normal distribution with mean equal to 2000 units per week and standard deviation for demand is 350 units per week. It is also assumed that inventory holding rate will be 28% per unit per year and cost of each valve is $300. IGC pays $300 each time when an order is place for distribution valves and the lead time is five weeks. The objective customer service level is 95%.i) Considering only one of the three warehousesa) Calculate the economic order quantity, EOQ. (2 points)b) Calculate safety stock, ss. (2 points)c) Calculate the reorder point, ROP. (2 points)d) What will happen to ROP and ss if there is a lead time variability as well. Standard deviation of lead time is 2 weeks. (2 points)e) IGC assumes demands at all warehouses are independent and identical. What will be the total AIL and cost of these three warehouses. (2 points)If IGC decides to serve entire US from only a single location, what would be the new EOQ, ss, and total cost at this single warehouse. (5 points)
a) The economic order quantity is 2584 units. b) The SS is 6428 units. c) The ROP is 16428 units.
i) Considering only one of the three warehouses
a) Calculate the economic order quantity, EOQ.
EOQ = sqrt((2DS)/H)
where D = annual demand, S = setup cost per order, and H = holding cost per unit per year.
Annual demand = 2000 units/week * 52 weeks = 104,000 units
Setup cost per order = $300
Holding cost per unit per year = 28% of $300 = $84
EOQ = sqrt((2300104000)/84) = 2584.24 ≈ 2584 units
b) Calculate safety stock, ss.
ss = zσdL
where z = Z-value for the desired service level (95% = 1.645), σd = standard deviation of demand during lead time, and L = lead time in weeks.
σd = σw*sqrt(L)
where σw = standard deviation of weekly demand.
σw = 350 units per week
σd = σwsqrt(5) = 350sqrt(5) ≈ 782.62 units
ss = 1.645782.625 = 6427.98 ≈ 6428 units
c) Calculate the reorder point, ROP.
ROP = dL + ss
where d = demand per week and L = lead time in weeks.
d = 2000 units/week
L = 5 weeks
ROP = 2000*5 + 6428 = 16428 units
d) What will happen to ROP and ss if there is a lead time variability as well. Standard deviation of lead time is 2 weeks.
The safety stock and reorder point will increase due to the increased lead time variability.
σL = 2 weeks
New ss = 1.645782.62sqrt(5+2) ≈ 9036 units
New ROP = 2000*7 + 9036 ≈ 22036 units
e) IGC assumes demands at all warehouses are independent and identical. What will be the total AIL and cost of these three warehouses.
AIL (average inventory level) = EOQ/2 + ss
Total Cost = (D/EOQ)*S + (EOQ/2)H + DC
where D = annual demand, S = setup cost per order, H = holding cost per unit per year, and C = cost per unit.
Assuming demand and costs are the same for all three warehouses:
D = 104,000 units
S = $300
H = $84
C = $300
Total AIL = (2584/2 + 6428)*3 = 29076 units
Total Cost = (104000/2584)*300 + (2584/2)84 + 104000300 = $11,308,680
If IGC decides to serve entire US from only a single location, what would be the new EOQ, ss, and total cost at this single warehouse.
New EOQ = sqrt((2DS)/H) = sqrt((2300104000)/84) ≈ 2584 units
New ss = 1.645782.625 ≈ 6428 units
New total cost = (104000/2584)*300 + (2584/2)84 + 104000300 + (2584/2 + 6428)*84 = $11,405,771
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What was the total liquidity including cash for Tesco PLC (TSCO-GB) as of February 28, 2015? (X)
£2,932M
£2,800M
£5,954M
£5,497M
According to the financial statement of Tesco PLC (TSCO-GB), the total liquidity including cash as of February 28, 2015, was £2,932M.
Liquidity refers to a company's ability to meet its short-term obligations using its current assets, including cash, cash equivalents, and other liquid assets. Tesco's financial statement shows that the company had a cash balance of £2,267M, as well as short-term deposits of £665M, which adds up to a total liquidity of £2,932M. It is important for companies to maintain a healthy level of liquidity to ensure they can meet their short-term obligations, such as paying suppliers and employees, and to be prepared for unexpected expenses or economic downturns.
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what theory of the gendered division of labor reasons that the lower earner will do more domestic work?
The theory of the gendered division of labor that reasons that the lower earner will do more domestic work is called the economic dependency theory.
This theory suggests that the person who earns less in a household will take on more domestic work to compensate for their lower financial contribution to the household.
In many cases, this person is often a woman, and the theory suggests that women take on a greater share of domestic work in order to offset the power imbalances that result from their lower economic status.
The economic dependency theory suggests that the gendered division of labor is a result of economic factors and power dynamics, rather than purely cultural or social norms.
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Assignment #6 Natural Gas 1) What is the significance of "bid week"? How many days in "bid week"? 2) What are the "demand" sectors for nat gas use? Which sector is growing the most? 3) How has the shale revolution altered the physical landscape of nat gas production and distribution? 4) Why is it necessary to process gas as one of the first steps post wellhead? 5) What is LNG and its significance to US nat gas markets? 6) What is the significance of using "cross overs" in the positioning of trades. 7) The "Polar Vortex" a few years ago caused the prices on Transco Zone 6 (NY City) it spike upwards to $100? Why the spike in prices? 8) If you are long nat gas at Henry Hub for next month’s delivery on a fixed price, how would you convert the fixed price to daily pricing? 9) If you convert fixed price to daily pricing, what do you expect prices to do if you are long? If you are short? 10) What economic incentive has caused the world price of nat gas, both piped and LNG, to evolve from crude oil indexed? 11) Why is it expected that the world price of nat gas will be Henry Hub related?
Answer:
1) "Bid week" is the period when buyers and sellers of natural gas come together to negotiate prices for future delivery of gas. Bid week typically lasts for five business days.
2) The demand sectors for natural gas use include residential, commercial, industrial, and electric power generation. The electric power generation sector is the fastest growing sector of natural gas use.
3) The shale revolution has led to a significant increase in natural gas production in the United States. The use of horizontal drilling and hydraulic fracturing has made it possible to access previously unreachable natural gas reserves. As a result, the physical landscape of natural gas production and distribution has been altered, with the development of new pipelines, processing facilities, and export terminals.
4) It is necessary to process gas as one of the first steps post wellhead to remove impurities and ensure that the gas meets the specifications required for transportation and use.
5) LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for transport by sea. LNG is significant to US natural gas markets because it has opened up new export markets for US natural gas producers.
6) "Cross overs" refer to the practice of trading between different delivery points on a pipeline system. This can allow traders to take advantage of price differentials between different locations.
7) The "Polar Vortex" caused the prices on Transco Zone 6 to spike upwards to $100 because of increased demand for natural gas for heating purposes, combined with a limited supply due to pipeline constraints.
8) To convert a fixed price for next month's delivery of natural gas at Henry Hub to daily pricing, you would divide the fixed price by the number of days in the month.
9) If you are long natural gas and convert a fixed price to daily pricing, you would expect prices to increase if the daily market price is higher than the fixed price. If you are short, you would expect prices to decrease.
10) The economic incentive that has caused the world price of natural gas to evolve from crude oil indexed is the increasing availability of natural gas and the development of new technologies for extracting and transporting natural gas.
11) It is expected that the world price of natural gas will be Henry Hub related because of the increasing role of the United States as a global natural gas supplier, and the growing importance of Henry Hub as a global pricing benchmark.
Explanation:
if managed properly, the maintenance phase of a project should be the longest phase of the traditional sdlc. group of answer choices true false
If a project is well managed, the maintenance phase should last the longest in the conventional SDLC. True.
Additionally, the SDLC process's coding phase is the longest and calls for a dedicated effort from the developers. The maintenance phase is the longest of all the stages since it lasts for the whole lifespan of the programme.
After the product has been fully operational, the SDLC moves on to the maintenance phase. programme updates, fixes, and remedies for the programme when it malfunctions are all examples of software maintenance. It is common for software programmes to need updating or integrating with brand-new systems that the client deploys. People can evaluate the performance of the programme after it has been released during the maintenance phase of the software life cycle.
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Gil told his co-worker, "I really admire Maria’s leadership, and I’m glad that she is our boss. She has articulated her vision and worked with us to ________ that have brought meaningful results
Gil told his co-worker that he admires Maria’s leadership and is happy that she is their boss. He mentioned that Maria has articulated her vision and worked with them to achieve meaningful results.
It is likely that Maria is a strong leader who is skilled at communicating her vision and goals to her team. Additionally, she is likely collaborative and works with her team to develop strategies and plans that are effective in achieving their goals.
Her leadership style may be one that emphasizes teamwork, communication, and a shared commitment to success. Overall, Maria appears to be an effective leader who is able to inspire and motivate her team to achieve their goals.
Effective leadership is essential for the success of any organization. Strong leaders are able to communicate a clear vision and goals, inspire and motivate their teams, and develop strategies and plans that lead to success.
Collaboration and teamwork are also important components of effective leadership, as they foster an environment of trust, respect, and shared commitment to success.
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except in a title-theory state, a mortgage lienor has a (an) _________ in the liened property.
Except in a title-theory state, a mortgage lienor has an equitable interest in the liened property. This means that the mortgage lienor has a right to enforce the mortgage and receive payments from the borrower in order to satisfy the debt owed.
However, the mortgage lienor does not have legal title to the property, and therefore cannot take possession of it or sell it without the borrower's consent or a court order.
In a title-theory state, the mortgage lienor does have legal title to the property until the mortgage is fully paid off, which gives them more power to take possession or sell the property in the event of default. However, in non-title-theory states, the mortgage lienor must rely on the court system to enforce the mortgage and foreclose on the property if necessary.
Overall, while a mortgage lienor may not have legal title to the property, they do have a significant financial interest in it and the ability to take legal action to protect that interest.
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you are using the residual earnings method to estimate a company's fair price per share at the end of 2022. residual earnings per share for the year 2030 are expected to be .147, and they are expected to remain at that amount for each year after 2030, forever. the time value of money is 9%. what is the present value, at the end of year 2022, of the residual earnings per share for year 2030 and for all years after that? group of answer choices.9420.8547.9871.8935
The present value, at the end of year 2022, of the residual earnings per share for year 2030 and for all years after that is 1.780. The closest answer choice is 1.8935.
To calculate the present value of the residual earnings per share for year 2030 and all years after that, we need to use the formula for the present value of a perpetuity:
PV = C / r
where PV is the present value, C is the cash flow (residual earnings per share) per period, and r is the discount rate (time value of money).
First, we need to calculate the residual earnings for year 2030 in today's dollars (at the end of 2022) using the formula for the future value of a single cash flow:
[tex]FV = C * (1 + r)^n[/tex]
where FV is the future value, C is the cash flow (residual earnings per share) per period, r is the discount rate (time value of money), and n is the number of periods.
We know that the residual earnings per share for year 2030 are expected to be 0.147. Therefore, the future value of the residual earnings per share for year 2030 at the end of 2022 is:
FV2030 = 0.147 * (1 + 0.09)^8 = 0.327
Next, we need to calculate the present value of the perpetuity of residual earnings after 2030. Since the residual earnings are expected to remain at 0.147 per share forever, we can use the perpetuity formula:
PV = C / r
where C is the residual earnings per share after 2030 (0.147) and r is the discount rate (time value of money, 9%).
PVperpetuity = 0.147 / 0.09 = 1.633
Finally, we can calculate the present value of the residual earnings for year 2030 and all years after that by adding the present value of the perpetuity to the present value of the residual earnings for year 2030:
[tex]PV = FV2030 / (1 + r)^8 + PVperpetuity[/tex]
[tex]PV = 0.327 / (1 + 0.09)^8 + 1.633[/tex]
PV = 0.147 + 1.633
PV = 1.780
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you receive four applications for the three positions. you have read their resumes and conducted interviews. who do you hire for each role?
The best decision you could make is to choose the three candidates that you believe are the best fit for the positions. Consider the skills and qualifications of each candidate and compare them to the requirements of the positions.
For the first role, I would hire Applicant A. They have the most experience in the field, having worked in a similar role for the past five years. They are also well-versed in the tools and technologies that the role requires, having previously worked with them in their previous role.
For the second role, I would hire Applicant B. They have the most relevant technical skills, having previously worked as a software engineer. They also have strong problem-solving skills, which are essential for this role.
For the third role, I would hire Applicant C. They have worked in a similar role in a previous company and have a good understanding of the technologies and processes required. They also have strong communication and collaboration skills, which are essential for this role.
Finally, for the fourth role, I would hire Applicant D. They have a strong background in customer service and have worked in a similar role in the past. They also have strong interpersonal skills, which are essential for this role.
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if congress and the federal reserve both wished to encourage growth of productive capacity in an economy already close to full employment, it would be most appropriate to if congress and the federal reserve both wished to encourage growth of productive capacity in an economy already close to full employment, it would be most appropriate to use a tight money policy to decrease government spending. increase interest rates by buying bonds on the open market. reduce interest rates by engaging in open-market operations and raise taxes on personal income. reduce taxes on consumption, increase income taxes and increase government transfer payments.
If both Congress and the Federal Reserve wanted to encourage growth of productive capacity in an economy that is already close to full employment, the most appropriate policy would be to increase interest rates by buying bonds on the open market.
This would decrease the supply of money in the economy, which would make it more expensive to borrow and ultimately slow down spending. By decreasing spending, it would help prevent the economy from overheating and causing inflation. Reducing taxes on consumption, increasing income taxes, and increasing government transfer payments would likely have the opposite effect, leading to increased spending and potential inflation. Tightening government spending by raising taxes on personal income could also slow down economic growth and potentially harm the economy. Therefore, increasing interest rates by buying bonds on the open market is the best option for encouraging growth of productive capacity in an economy close to full employment.
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