Define 2 entry strategies for the global markets (2)

Answer:

Foreign exchange rate refers to the value of one currency expressed in terms of another currency. It is the rate at which one currency can be exchanged for another currency. For example, if the exchange rate between the US dollar and the euro is 1 USD = 0.85 EUR, it means that one US dollar can be exchanged for 0.85 euros.

There are different types of foreign exchange rates, including spot exchange rate, forward exchange rate, and real exchange rate. The spot exchange rate is the rate at which currencies are traded for immediate delivery. The forward exchange rate is the rate at which currencies are traded for delivery at a future date. The real exchange rate is the nominal exchange rate adjusted for inflation.

Foreign exchange rates have a significant impact on international trade and investment. Changes in exchange rates can affect the competitiveness of countries' exports and imports, as well as the profitability of companies operating in different currencies. Additionally, fluctuations in exchange rates can impact international capital flows, affecting investment decisions and economic growth.

Answer:

1. In the video, the entrepreneurs emphasized the importance of brainpower and collaboration in running their businesses. They mentioned that they encourage disagreement and different perspectives to make better decisions. They also mentioned that they have a team of managers who work together to make decisions and solve problems. I agree with their approach as I believe that diverse perspectives and collaboration can lead to better decision-making and problem-solving. Highly structured processes and procedures may be more appropriate in running a restaurant when it comes to food safety, sanitation, and customer service standards.

2. Highly structured management styles can be beneficial in some situations, such as in industries where quality control and consistency are essential. In the case of the call center example provided by the instructor, having a standardized greeting and closing may help ensure that all customers receive the same level of service. However, too much structure can also stifle creativity and innovation, which can be detrimental to a business. In the case of the Barcelona Restaurants video, the entrepreneurs seem to strike a balance between structure and flexibility by encouraging collaboration and diverse perspectives.

3. The manager in the video disagrees with the common customer service philosophy of "the customer is always right." He argues that customers are not always right and that it is important to stand up for what you believe in as a business. While I understand his point of view, I believe that customer satisfaction should be a top priority for any business. However, this does not mean that customers are always right, but rather that their concerns and feedback should be taken seriously and addressed respectfully and professionally. In the end, a business needs to find a balance between meeting customer needs and standing by its values and principles.

Comment on other student postings:

1. I agree with the first student's response that highly structured processes and procedures may be more appropriate in areas such as food safety, sanitation, and customer service standards. However, I also believe that it is important to strike a balance between structure and flexibility to foster creativity and innovation. In the case of the Barcelona Restaurants video, the entrepreneurs seem to have found a good balance by encouraging collaboration and diverse perspectives.

2. I appreciate the second student's personal experience with highly structured management styles in a call center. While structure can be beneficial in some situations, it can also stifle creativity and innovation. In the case of the Barcelona Restaurants video, the entrepreneurs seem to have found a good balance by encouraging collaboration and diverse perspectives. Businesses need to find a balance between structure and flexibility to meet their goals and values.

Answer:

To value the share of AMS Ltd, we need to calculate the present value of all future dividends and the future sale price of the share. Here are the steps to calculate the value of a share in AMS:

1. Calculate the present value of the 7th-year dividend:

PV(dividend in year 7) = $1.28 / (1 + 6%)^7 = $0.84

2. Calculate the present value of the dividends from years 8 to 11:

PV(dividends in years 8-11) = $1.28 * (1 + 40%) / (1 + 6%)^8 + $1.28 * (1 + 40%)^2 / (1 + 6%)^9 + $1.28 * (1 + 40%)^3 / (1 + 6%)^10 + $1.28 * (1 + 40%)^4 / (1 + 6%)^11

PV(dividends in years 8-11) = $4.98

3. Calculate the present value of the future dividends beyond year 11:

PV(future dividends) = $1.28 * (1 + 40%)^5 * (1 + 3%) / (6% - 3%) / (1 + 6%)^11

PV(future dividends) = $17.29

4. Calculate the present value of the future sale price of the share:

PV(future sale price) = $1.28 * (1 + 40%)^5 / (6% - 3%) / (1 + 6%)^11

PV(future sale price) = $44.79

5. Add up the present values of all future cash flows to get the total value of the share:

Value of a share in AMS = $0.84 + $4.98 + $17.29 + $44.79

Value of a share in AMS = $67.90

Therefore, the value of a share in AMS today is $67.90.

The market interest rate, sometimes referred to as the equilibrium interest rate, is the interest rate at which an economy's supply and demand for capital are equal.

When all external forces (including moments) acting on an item are balanced, the object is said to be in equilibrium in a reference coordinate system. Thus, all external moments and forces acting on this object result in zero as a net effect.

In other words, it is the interest rate at which the amount of money that borrowers seek and the amount of money that lenders supply are equal. The market is in equilibrium at this rate since there is neither a scarcity nor a surplus of money. The interaction of a number of variables, such as the level of economic activity, inflation, monetary policy, and the supply and demand for credit, leads to the equilibrium interest rate.

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Repositioning labels in a spreadsheet is possible through a few simple steps:

Select the cell that has the label needed to be shifted.

Then, lightly drag the border of the cell to your intended destination.

Alternatively, use the “Cut” feature on the keyboard via Ctrl+X or Command+X, and paste it by pressing Ctrl+V or Command+V in its new area.

Adjust the dimensions of the cell if necessary to ensure the label fits within its space snugly.

Repeat these procedures for additional labels you wish to move as needed.

By following this brief process, you can easily make arrangements for the placement of labels accurately across the spreadsheet.

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Julie Leung is paid $2150.00 per week in regular pay, $225.00 per hour for overtime, $2375.00 per week in gross pay, $407.10 per week in total deductions, and $1967.90 per week in net pay.

Deductions are sums taken out of a person's income, typically for tax purposes or other legally required uses, including contributions to the Canada Pension Plan (CPP) and Employment Insurance (EI). Contributions made voluntarily to retirement programmes, health insurance, or other benefits provided by an employer can also be deducted. Depending on a person's income level, the jurisdiction they reside in, and other circumstances, different deductions may be made from their income.

Julie Leung's normal pay and overtime premium pay must both be taken into account when determining her compensation:

Regular Pay:

$2150.00 for 172 regular hours at $12.50 an hour.

Overtime Premium Pay:

12 overtime hours x $12.50 per hour x 1.5 = $225.00

By combining her normal pay and overtime premium pay, we can now determine her gross compensation:

Gross Pay:

$2150.00 + $225.00 = $2375.00

The next step is to figure out her income tax, EI, and CPP deductions. We'll make use of the tables offered and proceed with claim code 1:

Tax deductions for income:

We discover that Julie's income tax deductions total $240.10 using the federal tax table.

CPP Deductions:

The CPP contribution rate for 2021 is 5.45% of the maximum qualifying earnings of $61,600. Julie's CPP deduction is computed as follows because her gross pay is less than the maximum: $2375.00 x 5.45% = $129.49

EI deductions:

EI deductions:  Due to Julie's lower than maximum gross pay, her EI deduction is computed as follows: $2375.00 x 1.58% = $37.51.

Now that we've added up her income tax, CPP, and EI deductions, we can determine her total deductions:

Total Deductions:

$240.10 + $129.49 + $37.51 = $407.10

By deducting all of Julie's deductions from her gross compensation, we can finally determine her net pay:

Net Pay:

$2375.00 - $407.10 = $1967.90

As a result, Julie Leung's gross pay is $2375.00, her total deductions are $407.10, and her net pay is $1967.90. Her regular pay is $2150.00, her overtime premium pay is $225.00, and her gross pay is $2375.00.

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Note that Omar's self-employment tax liability would be $27,104 if he didn't receive any salary.

To calculate Omar's self-employment tax liability if he didn't receive any salary, we first need to calculate his net earnings from self-employment.

Net earnings from self-employment = Business income - Guaranteed payment - Deduction for one-half of self-employment tax

Net earnings from self-employment = $450,000 - $50,000 - ($450,000 × 0.9235 × 0.153 ÷ 2) = $177,186

Now, we can calculate Omar's self-employment tax liability:

Self-employment tax = Net earnings from self-employment × 0.153

Self-employment tax = $177,186 × 0.153 = $27,104

Therefore, Omar's self-employment tax liability would be $27,104 if he didn't receive any salary.

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Answer:

Implementing an ERP system can provide numerous benefits for businesses, including:

Increased efficiency: An ERP system can automate many business processes, such as financial reporting, inventory management, and order fulfillment, which can reduce the need for manual data entry and increase efficiency.

Improved data accuracy: An ERP system provides a centralized database that allows businesses to access real-time data from different departments. This can improve the accuracy of data, reduce errors, and eliminate data duplication.

Enhanced decision-making: An ERP system provides businesses with access to real-time data, which can help them make more informed decisions. With a comprehensive view of their operations, businesses can identify areas for improvement and optimize their processes.

Better customer service: An ERP system can provide businesses with a 360-degree view of their customers, including their purchasing history, preferences, and needs. This can help businesses personalize their services and improve customer satisfaction.

Improved collaboration: An ERP system can provide a platform for collaboration and communication among different departments, which can improve efficiency and productivity.

Scalability: An ERP system can be scaled to meet the changing needs of a business, whether it's adding new departments, products, or locations.

Explanation:

Answer:

both socialism and communism are variations of command economies

Both socialism and communism are variations of economic and political systems that advocate for collective ownership and control of resources and the means of production.

Socialism is an economic and political ideology advocating for collective ownership and democratic control of the means of production, aiming to reduce wealth inequalities and promote social welfare through government intervention and redistribution of resources.

Communism, on the other hand, is a more extreme form of socialism, envisioning a classless, stateless society where the means of production are owned collectively, and resources are distributed based on individual needs. It seeks to eliminate private property, establish a centrally planned economy, and achieve social equality through a revolutionary transition from capitalism.

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Most probably, your complete question is this:

Both socialism and communism are variations of what?

Fayol's and Mintzberg's views about what managers do differ in terms of their emphasis on managerial functions and roles. Fayol focused on functions, while Mintzberg emphasized roles.

Fayol identified five primary functions of management which are planning, organizing, commanding, coordinating, and controlling because he believed that managers perform these functions regardless of their level in the organization or their specific industry.

Mintzberg emphasized roles that managers play which include interpersonal, informational and decisional roles because he believed that managers engage in a range of activities such as networking, information gathering and problem-solving depending on the situation and their level in the organization.

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Answer:

A) Carlos was able to finish a design bootcamp and interview at many companies until he fines the job he likes best

Explanation:

A) Carlos was able to finish a design bootcamp and interview at many companies until he finds the job he likes best is more likely to happen in a GOOD economy. In a good economy, there are more job opportunities available, and companies are more likely to invest in hiring new employees with the right skill sets.

B) Thrills Park delays building the new roller coaster until they can get a bank loan is less likely to happen in a good economy. In a good economy, banks are more willing to lend money for new projects, and businesses are more likely to invest in new ventures.

C) Phyllis' Coffee, a new business, isn't able to innovate their coffee making process because money is tight is less likely to happen in a good economy. In a good economy, there is more investment and innovation, and businesses are more likely to have the financial resources to invest in new technologies and processes.

D) Laila is settling for a job that she doesn't want but she needs the money and there aren't any other options is less likely to happen in a good economy. In a good economy, there are more job opportunities available, and workers are more likely to be able to find jobs that match their skills and preferences.

Hope this helps

In a good economy, situations like finding preferred job options, obtaining loans for business expansion, and having resources for innovation in new businesses are more likely.

In a good economy, the situations that are more likely to happen include:

On the other hand, Laila settling for a job that she doesn't want due to lack of options and needing the money is more likely to occur in a weak economy where job opportunities are scarce and people may have to accept lesser desirable jobs for financial stability.

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The Fundamental Counting Principle serves to determine the total number of outcomes for multiple, unconstrained events.

According to this principle, "m" ways to perform one event and "n," to complete another, collectively render "m x n" possibilities.

Two formulas leverage this principle- Permutation (nPr) and Combination (nCr). While the former assumes that distinct conduction order determines unique outcomes, the latter operates regardless of order importance.

The independence of results in juxtaposed steps is fundamental when applying the aforementioned formulas. For instance, some permutation of three out of 10 shelf books follows a certain sequence such that individual book selection does not influence the order of others.

Independence or dependence of consequential phenomena reflecting individual sequences has no sway over formula-based computations. Moreso, calculations are reflective of possible ideal instances of variables within envisaged specifications.

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Answer:

B. Take the amount spent from the fund, plus the current cash in the fund, and make sure it equals the established petty cash fund. This process ensures that all expenses made from the petty cash fund are properly recorded and accounted for, and that the amount of cash in the fund matches the established amount. Any discrepancies should be investigated and reconciled.

If she parks on the street use your IOR Tutorial to find these steady state probabilities for each policy. Then evaluate the expression obtained in part (b) to find the optimal policy by exhaustive enumeration. The answer is OPION C

If P(Xn+1 = j|Xn = i) = P(X1 = j|X0 = i), i.e., the transition probabilities do not depend on time n, then the Markov chain X(t) is time-homogeneous. If so, then the probability of moving from i to j in a single step is given by pij = P(X1 = j|X0 = i), and the transition matrix is given by P = (pij).

The final value is another name for the steady state value. This steady state value is very simple to determine using the Final Value Theorem: Where y(t) is in the time domain and Y(z) is in the frequency domain, limty(t)=limz0zY(z). In this case, your transfer function would be H(z)=Y(z)X(z)=.

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To calculate the profits for ABC X-Plode, we need to first determine the number of units sold by the firm under each scenario and then subtract the costs and fees associated with selling those units. Here are the calculations:

When both firms charge MSRP, each firm sells 100 units a day. So, ABC X-Plode sells 100 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 100 = $2,000

The cost of each unit sold is $10, so the total cost of 100 units is:

Cost = $10 x 100 = $1,000

Therefore, the profit for ABC X-Plode when both firms charge MSRP is:

Profit = Revenue - Cost = $2,000 - $1,000 = $1,000

When ABC X-Plode charges MSRP but Boomburgs charges below MSRP, ABC X-Plode sells 50 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 50 = $1,000

The cost of each unit sold is $10, so the total cost of 50 units is:

Cost = $10 x 50 = $500

Boomburgs sells 175 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 175 = $2,625

The cost of each unit sold is $10, so the total cost of 175 units is:

Cost = $10 x 175 = $1,750

Therefore, the profit for ABC X-Plode when it charges MSRP but Boomburgs charges below MSRP is:

Profit = Revenue - Cost = $1,000 - $500 = $500

When ABC X-Plode charges below MSRP but Boomburgs charges MSRP, ABC X-Plode sells 125 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 125 = $1,875

The cost of each unit sold is $10, so the total cost of 125 units is:

Cost = $10 x 125 = $1,250

Boomburgs sells 50 units a day at a price of $20 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $20 x 50 = $1,000

The cost of each unit sold is $10, so the total cost of 50 units is:

Cost = $10 x 50 = $500

Therefore, the profit for ABC X-Plode when it charges below MSRP but Boomburgs charges MSRP is:

Profit = Revenue - Cost = $1,875 - $1,250 = $625

When both firms charge below MSRP, each firm sells 125 units a day. So, ABC X-Plode sells 125 units a day at a price of $15 per unit. The revenue generated per day is:

Revenue = Price x Quantity = $15 x 125 = $1,875

The cost of each unit sold is $10, so the total cost of 125 units is:

Cost = $10 x 125 = $1,250

Therefore, the profit for ABC X-Plode when both firms charge below MSRP is:

Profit = Revenue - Cost = $1,875 - $1,250 = $625

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Depreciation is the process of allocating the price of a plant asset to expense in the accounting periods benefiting from its use.

Determine the value of the asset. Subtract the estimated salvage price of the asset from the cost of the asset to get the whole depreciable amount. Determine the beneficial lifestyles of the asset. Divide the sum of step (2) by using the wide variety arrived at in step (3) to get the annual depreciation amount.

Depreciation is the technique of allocating to expense the cost of a plant asset over its beneficial (service) existence in a rational and systematic manner. Such cost allocation is designed to desirable in shape prices with revenues.

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The total amount of office expenses allocated to the Drilling department is $43,166, option (b) is correct.

The allocation of office expenses to the Drilling department is based on the allocation bases provided in the problem, which are the number of employees and the cost of goods sold.

Salaries allocation rate = $42,000 ÷ 3,000 employees

= $14 per employee

Depreciation allocation rate = $22,000 ÷ $250,000 cost of goods sold

= 0.088 or 8.8% of the cost of goods sold

Advertising allocation rate = $45,000 ÷ $850,000 net sales

= 0.0529 or 5.29% of net sales

Using the allocation rates, the amount of office expenses allocated to the Drilling department is:

Salaries = 1,200 employees × $14 per employee

= $16,800

Depreciation = $95,000 cost of goods sold × 8.8% allocation rate

= $8,360

Advertising = $340,000 net sales × 5.29% allocation rate

= $18,006

Total amount = $16,800 + $8,360 + $18,006

= $43,166

Hence, option (b) is correct.

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The complete question is:

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to departments using different allocation bases. The following information is available for the current period.

The amount of the total office expenses that should be allocated to Drilling for the current period is:

a. $35,750

b. $43,166

c. $54,250

d. $90,000

The difference in media coverage may be due to differences in public relations efforts or marketing strategies by the teams or the quarterbacks' agents.

The fact that neither quarterback was well-known before their signing and they come from similar backgrounds suggests that their talent or performance on the field is not the main factor driving the difference in media coverage. Rather, it is likely that one team or quarterback had a more effective public relations or marketing strategy that garnered more attention from the media.

This could include things like pre-signing interviews, social media campaigns, or targeted outreach to specific media outlets. Alternatively, the discrepancy could be due to differences in the teams' market sizes or fan bases, which could affect the amount of media attention each quarterback receives.

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If you are planning to start a restaurant business, it is best to opt for a partnership business.

Since you are starting something new, it is always better to opt for a partnership where all the members are liable for any risks or losses that may arise. Each member can contribute their own skillsets to the business which will help the restaurant flourish. It will also help to increase the capital and resources of the business as there are multiple owners who will contribute in the working of the organisation.

If you are planning to start a restaurant business, it is best to opt for a partnership business.

Since you are starting something new, it is always better to opt for a partnership where all the members are liable for any risks or losses that may arise. Each member can contribute their own skillsets to the business which will help the restaurant flourish. It will also help to increase the capital and resources of the business as there are multiple owners who will contribute in the working of the organisation.

According to the question statistics make the most sense for her to take to help her prepare for this career.

A career is a person's journey through learning, work and other aspects of life. It is a way of defining one's life, one's path and identity. It involves setting goals, taking risks, learning new skills, making decisions, and working hard to achieve those goals. A career is something that a person builds over time, and it is often a reflection of their interests, values and goals. It is a way of finding purpose and meaning in life. It is also a way of providing financial stability and security. Career planning involves assessing one's skills and interests, exploring available opportunities, and developing a plan to achieve one's goals. It also involves making decisions about education, training, and job searches. A successful career is built on hard work, dedication, and commitment. It is also built on self-awareness, self-reflection, and the willingness to take risks and make tough decisions.

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The correct answer for the percentage is option B. 33%.

To calculate the depreciation charges using the straight-line method, we first need to determine the depreciable base, which is the cost of the equipment minus the salvage value. So, the depreciable base is:

Depreciable base = $25,000 - $5,000 = $20,000

Using the straight-line method, the depreciation expense for each year would be:

Depreciation expense = Depreciable base / Number of years

Depreciation expense = $20,000 / 5 = $4,000 per year

So, in year 2, the depreciation expense using the straight-line method would be $4,000.

Now, let's calculate the depreciation charges using the SOYD method. To do this, we need to calculate the sum of the years' digits for a 5-year period:

Sum of the years' digits = 1 + 2 + 3 + 4 + 5 = 15

The percentage of the depreciable base that will be depreciated in year n using the SOYD method is:

Percentage of depreciable base in year n = (Number of years left in useful life / Sum of the years' digits) * 100

So, the percentage of the depreciable base that will be depreciated in year 2 is:

Percentage of depreciable base in year 2 = (4 / 15) * 100 = 26.67%

Therefore, the depreciation expense in year 2 using the SOYD method would be:

Depreciation expense in year 2 = Depreciable base * Percentage of depreciable base in year 2

Depreciation expense in year 2 = $20,000 * 26.67% = $5,334

The percentage increase in depreciation charges in year 2 for the SOYD method over the SL method is:

Percentage increase = ((SOYD method depreciation expense in year 2 - SL method depreciation expense in year 2) / SL method depreciation expense in year 2) * 100

Percentage increase = (($5,334 - $4,000) / $4,000) * 100 = 33.35%

Therefore, the correct answer is B. 33%.

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To analyze the short-term liquidity of Boat Builders, we can look at the current ratio and the quick ratio. The current ratio for Boat Builders is 1.60, which indicates that the company has sufficient current assets to cover its current liabilities.

The quick ratio for Boat Builders is 1.10, which is lower than the current ratio, but still indicates that the company has enough liquid assets to meet its short-term obligations. Overall, Boat Builders seems to have a satisfactory short-term liquidity position.

To analyze the longer-term solvency of Boat Builders, we can look at the debt-to-equity ratio and the interest coverage ratio. The debt-to-equity ratio for Boat Builders is 1.20, which indicates that the company has more debt than equity.

This is a slightly higher ratio and indicates that the company is relatively highly leveraged. However, the interest coverage ratio for Boat Builders is 4.80, which indicates that the company is generating enough operating income to cover its interest expenses. Therefore, Boat Builders seems to have a satisfactory longer-term solvency position.

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A journal entry is a record of a financial transaction that shows the accounts affected, the amount of the transaction, and the direction of the transaction (debit or credit). Journal entries are used to record all types of transactions, such as sales, purchases, payments, receipts, and adjustments.

Interest Amounts:

Total Through Maturity = Principal x Rate x Time

= $6,000 x 8% x 180/360

= $240

November 1 Through December 31 = Principal x Rate x Time

= $6,000 x 8% x 60/360

= $80

January 1 Through April 30 = Principal x Rate x Time

= $6,000 x 8% x 120/360

= $160

General Journal:

December 31:

Interest Receivable $80

Interest Revenue $80

April 30:

Cash $6,240

Notes Receivable $6,000

Interest Receivable $160

Interest Revenue $80

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1. all of these" is the best solution. Option D. 2 option (d) is the proper response. 3. option (b) is the proper response.

1. The change in GDP between two years can be attributed to a variety of reasons, including population increase, available resources, and technological improvements. As a result, option (d) "all of these" is the best solution.

2. According to the Lorenz Curve for the United States, the richest 20% of families earn roughly 46.8% of the national income. As a result, option (d) is the proper response.

3. The most likely economic condition produced by a war affecting oil production in the Middle East would be cost-push inflation, as a decline in oil supply would lead to an increase in production costs, causing prices to rise. As a result, option (b) is the proper response.

4. The Federal Reserve System serves multiple functions, including lending money to banks, acting as the bank for the government, and aiding the check-clearing process. Therefore, option (d) is the correct answer.

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Note that if Premier, Incorporated, has just paid a dividend of $3.75 per share and plans to increase the dividend by $5 per share for each of the next five years and then never pay another dividend, and if you require a return of 11 percent on the company’s stock, you should pay $15.18 for a share today.

To calculate the present value of the dividends, we can use the formula for the present value of a growing annuity:

PV = PMT / (r - g) * (1 - (1 + g)^-n)

where PV is the present value of the annuity, PMT is the payment at the end of each period, r is the required rate of return, g is the growth rate of the payments, and n is the number of periods.

In this case, PMT = $3.75, g = $5, r = 11%, and n = 5.

PV = $3.75 / (0.11 - 0.05) * (1 - (1 + 0.05)^-5) = $15.18

Therefore, if Premier, Incorporated, has just paid a dividend of $3.75 per share and plans to increase the dividend by $5 per share for each of the next five years and then never pay another dividend, and if you require a return of 11 percent on the company’s stock, you should pay $15.18 for a share today.

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Under an accrual accounting system, an expense is recognized when B. a good or service is used or sold.

An accrued expense is the expense that needs to be recorded as the service or good is consumed by the company but the expense is not yet paid by the company, on the other hand an Accrued Income is the income that the income is earned but it is not yet received.

These income and expenses are recorded accordingly in the accrual accounting system and when they are paid or received the double entry is made accordingly.

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Answer:

C

Explanation:

The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.

There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.

A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.

Thus, the ideal selection is option c.

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