Answers
The GDP per capita for each country is as follows:
Bangladesh: 512,580 USD / 156,594,962 people = 3.28 USD/personNorway: 5,084,190 USD / 5,084,190 people = 1,000 USD/personUnited States: 16,800,000 USD / 316,128,839 people = 53.05 USD/personLiberia: 4,294,077 USD / 1,951 people = 2,202.73 USD/personHow to explain the GDPBased on these calculations, it is clear that the quality of life in Norway is much higher than that of Bangladesh, since the GDP per capita in Norway is much higher.
The problems associated with using GDP per capita to compare the quality of life among countries are:
The estimates of GDP per capita in less-developed countries tend to have greater measurement errors than those from industrially advanced countries.
GDP per capita does not measure the income distribution within the country.
GDP is a better measure, since a country with high GDP per capita may still have low GDP.
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Related Questions
Avoiding decreases in the purchasing power of people on fixed incomes shows how target rate of inflation is set to?
Answers
The target rate of inflation is set to ensure that the purchasing power of people on fixed incomes is maintained.
What is inflation?Inflation is an economic concept that describes an overall increase in price levels. It occurs when the amount of money in circulation increases faster than the availability of goods and services. This causes an imbalance in the supply and demand of goods and services, which leads to prices rising. Inflation erodes the purchasing power of money, making it harder for people to afford goods and services. Central banks usually try to combat inflation by controlling the money supply and increasing interest rates.
This is done by setting an inflation rate that is low enough to keep prices stable, but high enough to keep the value of money from decreasing due to inflation. The Federal Reserve or other central banks typically set the target rate of inflation to a level that is consistent with their overall economic goals. This rate is monitored closely to ensure that the purchasing power of people on fixed incomes remains stable over time.
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Over the last 10 years, a very popular tech company has averaged a 43.5% rate of return on their stock prices. If someone had invested $200 with this company ten years ago, how much would their investment be worth today?
Answers
The amount that the investments of the people would be worth today would be $ 7,405.41.
How to find the current worth ?To calculate the value of the investment today, we can use the compound interest formula :
Amount invested = $ 200
Rate = 43. 5 %
Number of years = 10 years
The net worth of the investment into the popular tech company would be:
= 200 ( 1 + 0. 435 ) ¹⁰
= 200 ( 1. 435 ) ¹⁰
= 200 x ( 32. 540312 )
= $7, 405.41
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Corporation in Alberta and Quebec only need to file one tax?
True
False
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For Alberta or Quebec, the federal government does not collect personal or business taxes. A regressive tax is the sales tax. False.
Is it possible to file taxes in two Canadian provinces?It makes no difference when it comes to filing your income taxes if you reside in one province or territory while working and paying taxes in another. On December 31 of the tax year, you must file your income tax for the province or territory where you currently reside.
Who is required to file a tax return in Quebec?Even if you were a resident of another Canadian province or territory on December 31 of a specific year for tax reasons, you can still be required to submit an income tax return in Quebec. in order to learn more.
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Which of the following would be considered residential transactions please select all that apply
Answers
Answer:
is the reduces of an Insurance
Explanation:
there have been several complaint about the increase in the number of teenage hawkers in the street. write a letter to the editor of national newspaper discussing the problem suggesting solution
For most people, the standard of living that they will enjoy over their lifetimes depends largely on the total income that they earn. Income that you earn when someone pays you in the form of hourly wages, regular salaries or tips, or from running a business is known as earned income. Earned income accounts for the majority of total income that people receive.
Family income depends on both the number of family members who work and the amount of money that each is paid. Other sources of income are called unearned income. These may include money we make from collecting rents on property we own, income we receive in the form of interest and dividends from investments or non-salary payments received from the government We begin in this module with earned income since it accounts for almost all the income of young adults who have not yet accumulated the savings necessary to generate a lot of unearned income.
There are huge differences in the amount of money people are paid for their work in the United States. On the low end, some people work for the U.S. federal minimum wage, which in 2022 was $7.25 per hour, or $14,500 for a standard 2,000-hour year (40 hours per week for 50 weeks per year with 2 weeks off for vacation). At the high end, sports stars are paid as much as $25 million per year, which would come to $12,500 per hour if they worked 2,000 hours per year. Other high earners include movie and TV stars, top corporate executives, and surgeons.
Answers
The major source of money for the majority of people is earned income, which originates from hourly wages, tips, salaries and business returns.
What is the effect of the earnings?The amount of earnings accrued by family members can greatly impact a family's total compensation. Unearned revenue comes in many forms, such as government payments, interest, dividends and rent payments.
Unfortunately, wage discrepancies are wide-reaching in the United States, stretching from those earning the federally-mandated minimum wage of $7.25 an hour to superstars, executives and renowned personalities who earn multimillion-dollar salaries.
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Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?Stores Bale-Robe Hawassa Nekemte Bahirdar
Sales Volume 12,000 birr 60,000 birr 40, 000birr 25,000 birr
Labor Hours 60 500 250 200 Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity
Answers
Productivity = Output / Input. Calculate labor productivity for each store: Bale-Robe has the highest with 200 birr per labor hour.
As a rule, efficiency is a proportion of how effectively an organization is utilizing its assets (contributions) to deliver labor and products (yields). Data sources can incorporate work, materials, energy, and different assets, while results can be estimated as far as deals income, units delivered, or different measurements. To ascertain efficiency, we can utilize the recipe:
Efficiency = Result/Info
We should expect a speculative organization that produces gadgets. The organization's bits of feedbacks could incorporate work hours, unrefined components, and energy costs, while its results could be estimated as far as the quantity of gadgets created or the deals income produced.
To gauge yearly sources of info and results, we would have to accumulate information on the organization's tasks, for example, the quantity of work hours worked, the expense of unrefined components, and the absolute deals income. We can then work out the organization's single-factor efficiency (SFP) by partitioning the result by a solitary information, like work hours or unrefined components.
For instance, assuming the organization delivered 100,000 gadgets and utilized 10,000 work hours, its SFP for work would be:
SFP work = 100,000 gadgets/10,000 work hours = 10 gadgets each work hour
We can likewise compute numerous variable efficiency (MFP) by isolating the result by various information sources, like work hours, unrefined components, and energy costs.
At long last, we can work out complete variable efficiency (TFP) by isolating the result by the contributions as a whole, including capital, innovation, and different assets.
In view of the information accommodated Adama Piece of clothing, we can ascertain the work efficiency for each store by partitioning deals volume by work hours. The outcomes are as per the following:
Parcel Robe: 12,000 birr/60 work hours = 200 birr each work hour
Hawassa: 60,000 birr/500 work hours = 120 birr each work hour
Nekemte: 40,000 birr/250 work hours = 160 birr each work hour
Bahirdar: 25,000 birr/200 work hours = 125 birr each work hour
In light of this computation, Bunch Robe has the most elevated work efficiency with 200 birr each work hour. In any case, it's actually quite important that this examination just thinks about work efficiency and doesn't consider different factors like deals volume, productivity, or consumer loyalty.
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How would the court classify the Chickasaw Club corporation domestic or foreign, public or private? Why?
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A domestic corporation is one that conducts business in the country where it was formed. This is comparable to a foreign firm that operates in a country other than the one in which it was formed.
A foreign corporation is a company that operates in another country or state but was formed or registered under the laws of another state. A domestic corporation, in contrast, is one that has its corporate headquarters in the state in which it conducts business.
For instance, if a company is incorporated in Delaware and is authorized to conduct business in other states, both of those states classify the company as a foreign corporation and a domestic corporation, respectively.
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A company's sales in the last year in its three different markets were as follows: Market 1 Market 2 Market 3 Total $ 75,000 60,000 45,000 180,000 In a pie chart representing the proportion of sales made by each region what would be the angle of the section representing Market 3 (to the nearest whole degree)? (2 Points)
Answers
The angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).
How to solveTo find the angle of the division representing Market 3 in the graph resembling pie, you need to decide the proportion of total businesses it shows and then increase that proportion by 360° (the total number of qualities in a circle).
Market 3 buying: $45,000
Total sales: $180,000
The proportion of Market 3 demand amount to sales:45,000 / 180,000 = 0.25
Now, increase the proportion by 360° to find the angle:0.25 * 360° = 90°
So, the angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).
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Consider an economy with the following
C=400+0.6(Y-T)
I=400-40r
T=200, G=200
(M/P)^d =y-80r
M =1600, P=4
a. Graph the IS curve for the real interest rate ranging from 6 to 12.
b. Graph the LM curve for the real interest rate ranging from 6 to 12.
c. Find the equilibrium interest rate and the income level
d. Suppose government spending increases from 200 to 400. How much does the IS curveshifts? Find the new equilibrium values for interest rate and income.
e. Suppose money supply decreases from 1600 to 1200. How much the LM curve shifts?Find the new equilibrium values for interest rate and income.
f. With the initial values of monetary and fiscal values suppose P goes down from 4 to 2.What happens in this economy? Find the new equilibrium values for interest rate and income.
Answers
a) The coordinates of IS: (Y , r) = (1600 , 6) ; (1500 , 7) ; (1400 , 8) ; (1300 , 9) ; (1200 , 10) ; (1100 , 11) ; (1000 , 12)
b) The coordinates of LM: (Y , r) = (880 , 6) ; (960 , 7) ; (1040 , 8) ; (1120 , 9) ; (1200 , 10) ; (1280 , 11) ; (1360 , 12)
c) The equilibrium (Y , r) = (1200 , 10)
d) IS shifts right by 500 at each level of r
New Equilibrium (Y , r) = (1423 , 12.77)
e) LM shifts left by 100 at each level of r
New Equilibrium (Y , r) = (1367 , 13.33)
f) LM shifts right by 400 at each level of r
New Equilibrium (Y , r) = (1422 , 7.78)
How to explain the informationGiven,
C = 400 + 0.6(Y − T)
I = 400 − 40r
T = 200
G = 200
Real Money Demand: (M/P) d = Y − 80r
Money Supply: M = 1600
P = 4
IS curve represents the relationship between the real interest rate and the income in the goods market.
Y = AE
Thus,
Y = C + I + G
Putting values:
Y - 0.6Y = 880 - 4r.
Y = 2200 - 100r
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businesses can compensate employees for work they produce when being paid by
Answers
Explanation:
Structured incentive pay is set by specific sales or production goals and paid to employees at a percentage or flat rate. For example, you set a goal for $50,000 in sales for the fiscal year. If you reach that goal, you give each employee a bonus equaling 2% of their annual salary
PLEASE SEE EXPECTED ANSWER BELOW BEFORE YOU SUBMIT YOUR EXPLANATION. IF YOU PROVIDE A DATA, KINDLY SHOW HOW YOU GET IT CLEARLY PLEASE
Younis Corporation’s income statement appears below:
Income Statement
Sales (all on account) $ 1,240,000
Cost of goods sold 780,000
Gross margin 460,000
Operating expenses 416,571
Net operating income 43,429
Interest expense 14,000
Net income before taxes 29,429
Income taxes (30%) 8,829
Net income $ 20,600
The company’s net profit margin percentage is closest to:
Expected Correct Answer :
1.7%
Answers
Answer:
1.7%
Explanation:
You want to know the net profit margin percentage, given sales of $1.24M and a net income of $20,600.
Net profit marginThe net profit margin is calculated as the ratio of net income to sales. As the income statement shows, the net income is the remaining revenue after subtraction of cost of goods sold, operating expenses, interest expense, and taxes.
net profit margin = (net income)/(sales) = 20600/1240000
As a percent, this is ...
net profit margin = 206/124000 × 100% = (206/124)% ≈ 1.6613%
The net profit margin is about 1.7%.
Which is true of the credit card grace period?
If the balance is paid in full by the monthly due date interest does not accrue.
Interest accrues only after the due date and only on any outstanding balance.
As long as the cardholder makes the minimum payment, no interest will accrue.
Department store and gas credit cards have grace periods but bank cards do not.
Answers
The statement that is true of the credit card grace period is: "If the balance is paid in full by the monthly due date interest does not accrue."
A credit card grace period is a period of time, often 21 to 25 days, during which the cardholder can pay off the debt in full without incurring interest charges. No interest will be charged for that billing cycle if the balance is paid in whole by the monthly due date. If the debt is not paid in full, interest will be applied on the unpaid balance until it is paid off.
A credit card grace period is a set period of time, generally between 21 and 25 days, during which a credit card holder can pay down their credit card debt without incurring interest charges. The grace period runs from the conclusion of the billing cycle to the payment due date.
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The political candidates keep talking to the citizens about the possibility of a recession what would most likely happen if a country experience a recession
Answers
The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure
What is recession ?Recession, in economics, can be described as the downward trend in the business cycle.
Itshouldbe nopted that this can be seen as the decline in production and employment, whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.
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missig part
What would MOST likely happen if a country experiences a recession?
A.
Feeling confident in the economy, people will begin to spend money more freely.
B.
Jobs will be more plentiful, and companies will be doing a lot of hiring.
C.
Families will start to purchase larger and more expensive homes.
D.
Businesses will suffer from decreased sales and profits, eventually leading to
In the financial system, who are the borrowers?
governments, households, and individuals
individuals and households
households, individuals, and businesses
governments and businesses
Answers
3. If Holly increases the selling price by $20, and purchases the new part and the new machine, calculate the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year. (20 marks).
Answers
Notte that if Holly increases the selling price by $20, and purchases the new part and the new machine, the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year is: 1,333.33 units.
How is this so?Given
Current selling price = $400
Current variable cost per unit = $250
Current contribution margin per unit = selling price - variable cost = $400 - $250 = $150
Current fixed cost = $150,000
Current sales volume = 5,000 units
Current net income = $50,000
New selling price = $400 + $20 = $420
New variable cost per unit = $250 + $80 + $60 = $390
ew contribution margin per unit = selling price - variable cost = $420 - $390 = $30
New fixed cost = $150,000 + $20,000 + $30,000 = $200,000
Net income = (Contribution margin per unit x Sales volume) - Fixed cost
Substituting the values we get:
$50,000 = ($150 x 5,000) - $150,00
Sales volume = ($50,000 + $150,000) / $150 = 1,333.33 units
So the company will have to sell 1,333.33 units at the new selling price of $420 to make the same net income as last year.
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jaycel runs a business selling kitchen products and buys from credit supplier, zelah. zelah allows jaycel a trade discount of 10% on the list price of orders over $5,000 and also offer a 2% cash discount if payment is made within 10 days. the following transactions took place between jaycel and zelah during the month of july 2022. jul 20 2022 balance b/d 1500c credit supplier jul 1 balance due to zelah $1,500. biz original 3 jaycel purchased goods from zelah, list price $2,600. 3312 required (a) 15 jaycel paid amount owing to zelah to date using her personal cheque. b12 20 jaycel purchased goods from zelah, list price $6,200. 812 22 jaycel returned goods to zelah, list price $700. these goods were purchased on 20 july 2022. 28 jaycel paid the balance on zelah's account by bank transfer. (b) jul 5 dr inventory 2600 (1) (ii) (trade payables-zelah 2600 trade payable-zelah prepare the account for zelah in the books of jaycel for the month of july 2022. slam the b12. name the source documents for the transactions on the following dates. 20 july 2022 22 july 2022 [6] [2]
Answers
Zelah's account in the books of Jaycel for the month of July 2022:
Zelah Account
Debit Credit
July 1 balance due 1,500
July 3 purchase 2,600
July 22 return 700
July 28 payment 3,093.2
Balance c/d 707.8
Total 4,200 4,200
How to explain the accountOn July 1, the balance due to Zelah was $1,500.
On July 3, Jaycel purchased goods from Zelah with a list price of $2,600. Since the order is over $5,000, Jaycel is entitled to a trade discount of 10%, which is $260.
The net amount due to Zelah is $2,340. If Jaycel pays within 10 days, she will receive a cash discount of 2%, which is $46.8. Therefore, the amount owed to Zelah after this transaction is $2,293.2.
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Under Regulation 187, what must producers provide to a consumer if they are authorized to offer products that provide for both a fee-based and commission-based structure?
A) Nothing- Such products can no longer be sold in New York
B) A disclosure notice that the product's compensation structure could bias the producer's recommendation
C) A comparison form that shows the difference between the products
D) The form from the producer's insurer that authorizes such permission
Answers
Option d is fully correct that is The form from the producer's insurer that authorizes such permission.
What conditions must be met for Regulation 187 in New York?A new York When recommending or servicing a policy issued in New York, producers and insurers are required by Regulation 187 to put in place a process that guarantees they are acting only in the best interests of the consumer and not taking the producer's or insurer's financial interests into account.
Recommendations made by a producer in the sale of a policy or in some in-force transactions are governed by Regulation 187. The Regulation places emphasis on direct producer involvement and mandates that producers make recommendations with the best interests of the consumer in mind.
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explain the components of National income
Answers
National income is the total value of all goods and services produced within a country's borders, including both goods produced by domestic firms and foreign firms operating within the country. The components of national income include:
1. Wages and salaries: This includes the income earned by employees for their work, including both hourly wages and salaries.
2. Profits: Profits are the income earned by businesses after they have paid all their expenses, including salaries, rent, and other costs.
3. Rent: Rent is the income earned by landlords for the use of their property, such as land or buildings.
4. Interest: Interest is the income earned by lenders for lending money to borrowers, such as banks or other financial institutions.
5. Dividends: Dividends are the income earned by shareholders for their ownership of a company's stock.
6. Indirect taxes: Indirect taxes are taxes that are levied on goods and services, such as sales taxes or value-added taxes.
7. Subsidies: Subsidies are payments made by the government to businesses or individuals to encourage certain activities, such as the production of certain goods or services.
8. Depreciation: Depreciation is the decrease in value of an asset over time, such as a piece of machinery or a building.
Together, these components make up the total national income of a country, and they provide a measure of the overall health and productivity of the economy.
Irene's team is criticized for never coming up with innovative ideas. What is MOST likely to be a barrier to innovation?
Soft skills
Multiple intelligences
Group think
Diversity
Answers
C. Group think.
Group thinking is the most likely barrier to innovation for Irene's team. Groupthink occurs when a group of people prioritizes consensus and conformity over critical thinking and creativity. In this case, the team may be so focused on agreeing with each other that they fail to consider new or innovative ideas.
Soft skills, multiple intelligences, and diversity can all be beneficial to innovation. Soft skills like communication and collaboration can help team members share ideas and work together effectively. Multiple intelligences can bring different perspectives and approaches to problem-solving. Diversity can bring unique experiences and insights that can lead to more creative solutions.
If you didn’t have a group you wouldn’t be able to have different ideas and solutions.
On01January 2010, the company was incorporated with an authorized ordinary share capitalof 150
000 ordinary shares of 1 each and 50 000 redeemable preference shares(fixed annual dividend of10c
per share).The post-closing trial balance of "Lily Petals Limited"as at 31 December 2022after the
provisional Statement of Profit or loss & other comprehensive income was drafted,is presented
below.
ULYPETALS LMITED
POST-CLOSINGTRIALBALANCEAS AT31DECEMBER2022
Details
Debit
Credit
Ordinary share capital
100000
Ordinarysharepremium
50
000
Retainedearnings
43000
Redeemable preference share capital(40 000 at NS1 each)
40000
LLand and buildings
100000
Plant~andMachinery
60000
Share issue expenses- preference sharer res
Underwriting commission-preference share
4000.
Share issue expenses- preference shares 2000.
Bank
22000
Total Dr 188000, Cr
188000
Additionalinformation:
The directors decided, with the necessary general meeting approval to implement these decisions on
01January2023inthisorder
1.To convert the ordinary par value shares into no par value
2.The preference shares are to be redeemed at a premium of 5c per share.
3.The redemption of the preference shares must be financed partly from the issue of 10000
ordinaryshares at NS2, each and partly out of the current bank balance.
4.The ordinary shares were offered to the public.
oThe issue was underwritten in full by Down-Under Ltd foran underwriting
commissionof6%
o The public subscribed for8000shares
o All the shares were allotted on 01 January 2023
o Share issue expenses amounted to NS500.
5.The directors wish to write off all comission and shareissue expensesimmediately after
theredemption of the preference shares.
6.Subsequent to the above transactions, there must be a capitalization issue of one ordinary
share for every eight already held at the current market price of NS2 per share.
YOU ARE REQUIRED TO
1)Prepare and present the general journal entries for the decisions on 01 January 2023.
(Narrations are not required).(30 marks)
Answers
is this a essay to write? If so please list the answer not whole bunch of info
The chief of security for the Mall of the Dakotas directed a study of theft. He selected a sample of 160 boxes that had been tampered with and ascertained that, for 85 of the boxes, the missing pants, shoes, and so on were attributed to shoplifting. For 30 boxes, employees had stolen the goods, and for the remaining 45 boxes he blamed poor inventory control. In his report to the mall management, can he say that shoplifting is twice as likely to be the cause of the loss as compared with either employee theft or poor inventory control and that employee theft and poor inventory control are equally likely? Use the 0.05 significance level. Compute the value of chi-square.
Answers
The calculated chi-square value is 14.04, with the use the 0.05 significance level.
To determine if the chief of security for the Mall of the Dakotas can say that shoplifting is twice as likely to be the cause of the loss as compared with either employee theft or poor inventory control and that employee theft and poor inventory control are equally likely, we need to perform a chi-square test of independence.
First, we need to set up the null and alternative hypotheses:
H0: The type of theft and the cause of loss are independent.
Ha: The type of theft and the cause of loss are not independent.
We can use a chi-square test to determine if we reject or fail to reject the null hypothesis. We can calculate the expected frequencies for each cell assuming independence, then calculate the chi-square test statistic and compare it to the critical value at the 0.05 significance level with (2-1)*(3-1) = 2 degrees of freedom.
The expected frequencies for each cell assuming independence are:
(85+30+45)(85+30)/160 = 63.1875
(85+30+45)(30+45)/160 = 42.125
(85+30+45)(85+45)/160 = 74.6875
(85+30+45)(30+85)/160 = 40
Using these expected frequencies, we can calculate the chi-square test statistic:
chi-square = ((85-63.1875)^2/63.1875) + ((30-42.125)^2/42.125) + ((45-74.6875)^2/74.6875) + ((45-40)^2/40)
chi-square = 14.04
The critical value at the 0.05 significance level with 2 degrees of freedom is 5.99. Since the calculated chi-square value (14.04) is greater than the critical value (5.99), we reject the null hypothesis.
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Discuss when to use a questionnaire, interview guide or both
Answers
Answer:
Here are some considerations for when to use a questionnaire, interview guide, or both:
Questionnaire:
Questionnaires are best suited for collecting data from a large sample size.
They can be distributed electronically or in print, and participants can complete them at their convenience.
Questionnaires are useful when the research topic is well-defined and requires standardized data collection.
Interview Guide:
An interview guide is best suited for collecting data from a small sample size.
They provide more detailed and nuanced data, as they allow for follow-up questions and probes.
Interview guides are useful when the research topic is complex and requires in-depth exploration.
Both:
A combination of both methods can be useful when the research topic requires a mixed-methods approach.
The questionnaire can be used to collect standardized data from a large sample, and the interview guide can be used to explore specific themes in greater depth with a smaller sample.
In conclusion, the decision to use a questionnaire, interview guide, or both depends on the research question, the sample size, and the level of detail required in the data. Researchers should carefully consider these factors and choose the method or combination of methods that is best suited for their research.
Explanation:
Suppose a U.S. investor wishes to invest in a British firm currently selling for £40 per share. The investor has $10,000 to invest, and the current exchange rate is $2/£. Suppose now the investor also sells forward £5,000 at a forward exchange rate of $2.10/£. Required: a. Calculate the dollar-denominated returns for each scenario. (Round your percentage answers to 2 decimal places. Negative amounts should be indicated by a minus sign.)
Rate of return(%) at given exchange rate
Price per share 1.80/£ 2.00/£ 2.20/£
35/£
40/£
45/£
Answers
Answer:
Explanation:
To calculate the dollar-denominated returns, we need to first determine how many shares the investor can purchase with their $10,000, and then calculate the future value of those shares at each exchange rate. We also need to calculate the future value of the £5,000 forward contract at the forward exchange rate.
With the current exchange rate of $2/£, the investor can purchase:
$10,000 / $2/£ = £5,000
With £40 per share, the investor can purchase:
£5,000 / £40/share = 125 shares
The total investment is:
125 shares x £40/share = £5,000 = $10,000
If the share price changes to £35/£, £40/£, or £45/£, then the dollar-denominated returns would be:
At £35/£:
Total investment = 125 shares x £35/share = £4,375 = $8,750
Rate of return = (($8,750 - $10,000) / $10,000) x 100% = -12.50%
At £40/£:
Total investment = 125 shares x £40/share = £5,000 = $10,000
Rate of return = (($10,000 - $10,000) / $10,000) x 100% = 0.00%
At £45/£:
Total investment = 125 shares x £45/share = £5,625 = $11,250
Rate of return = (($11,250 - $10,000) / $10,000) x 100% = 12.50%
With the forward contract, the investor has sold £5,000 at a forward exchange rate of $2.10/£, which means they will receive:
£5,000 x $2.10/£ = $10,500
The total investment is:
$10,000 (initial investment) + $10,500 (future value of forward contract) = $20,500
If the share price changes to £35/£, £40/£, or £45/£, then the dollar-denominated returns would be:
At £35/£:
Total investment = 125 shares x £35/share = £4,375 = $8,750
Future value of investment = $8,750 x $2.20/£ = £3,977.27 = $7,955.55
Total future value = $7,955.55 + $10,500 = $18,455.55
Rate of return = (($18,455.55 - $20,500) / $20,500) x 100% = -9.96%
At £40/£:
Total investment = 125 shares x £40/share = £5,000 = $10,000
Future value of investment = $10,000 x $2.20/£ = £4,545.45 = $9,090.91
Total future value = $9,090.91 + $10,500 = $19,590.91
Rate of return = (($19,590.91 - $20,500) / $20,500) x 100% = -4.44%
At £45/£:
Total investment = 125 shares x £45/share = £5,625 = $11,250
Future value of investment = $11,250 x $2.20/£ = £
Your supervisor has just introduced a new safety program. The program is very similar to the one approve these participated in and I did not produce results
Answers
The subject of the question discusses the introduction of a new safety program. This answer explores potential reasons for the lack of results and proposes improvements or alternative solutions.
Explanation:The subject of the question is Business since it is discussing a new safety program introduced by a supervisor. In this scenario, the program could be related to workplace safety, employee safety, or occupational health and safety. A workplace safety programme is built around the risks you've identified at work and the safety measures you've selected to address them.
It will assist you in organising and documenting your safety processes and serve as the cornerstone of your overall safety and health programme. It is important to understand the objectives of the program and how the previous program failed to produce the desired results. Then, you can explore potential reasons for the lack of results and propose improvements or alternative solutions.
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Identify the South African barriers to entry market share
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Barriers to entry in South Africa include:
High startup costsLimited access to financingWhat are some barriers to entry ?Some industries in South Africa entail expensive start-up costs like procurement of equipment, infrastructure development or acquiring licenses which can be limiting for new entrants.
Several startups may encounter challenges in obtaining financial aid due to limited capital availability or stringent borrowing rules as well as exorbitant interest charges. The regulatory framework within the country is multifaceted and applies robust controls across a multitude of sectors that may be restrictive for businesses trying to establish themselves.
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Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
Answers
The information described above is a study/market research. Market research is the research included in a business plan that must be carried out before starting a business.
What is a business plan?A business plan is a document that describes the results of market research and should include:
Sales plansMarket StrategyFinancial StrategiesRisk Management plans etc.Therefore, the correct answer is as given above. It could then be concluded that the information described above is a study/market research.
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You are the director of creation department in your business, ANGA Ltd. The establishment makes pairs of Kitenge to be offered domestically and internationally The costs need to be incurred in making of a pair of Kitenge are listed below
Direct Materials TZS 1500
Direct labour TZS 1200
Overhead costs TZS 1300
In adding to the aforementioned items, the other expenses are also included as below:
Advertisement TZS 3 million
Salaries TZS 4 million
Rent TZS 5 million
Presently, the firm makes and offers 15,000 pairs of Kitenge at a charge of TZS 5000 each pair.
REQUIRED:
i. Calculate the breakeven in pairs of Kitenge sold and in currency value. [5 Marks]
ii. Determine pairs of Kitenge to be made and offered to bring an earning of TZS 1,000,000?
iii. Determine pairs of Kitenge to be made and offered to bring an after tax earnings of TZS 1,200,000 (Tax rate=30%).
iv. In an effort to increase sales volume, Managing Director, Mr. Dan, proposed a price reduction of 7.4% and the increase of advertisement budget by 20%. Is it worthwhile to undertake the proposed decision, Justify?
Answers
1. Breakeven point (in pairs of Kitenge sold) = 3,000 pairs of Kitenge
Breakeven point (in currency value) = 3,000 x TZS 5000 = TZS 15,000,000
2. To bring an earning of TZS 1,000,000, ANGA Ltd needs to make and offer 1985 pairs of Kitenge.
3. Pairs of Kitenge = 2855 pairs of Kitenge
How to solve for the breakeven pointTotal cost = Direct materials + Direct labor + Overhead costs + Additional expenses
Total cost = TZS 1500 + TZS 1200 + TZS 1300 + TZS 12,000,000
Total cost = TZS 12,003,000
Breakeven point (in units) = Fixed costs / (Price per unit - Variable costs per unit)
Price per unit is TZS 5000, and the variable cost per unit is the total cost per unit calculated above. The fixed costs are the sum of salaries, rent, and advertisement, which is:
Fixed costs = TZS 4,000,000 + TZS 5,000,000 + TZS 3,000,000
Fixed costs = TZS 12,000,000
Breakeven point (in pairs of Kitenge sold) = TZS 12,000,000 / (TZS 5000 - TZS 12,003)
Breakeven point (in pairs of Kitenge sold) = 3,000 pairs of Kitenge
The breakeven point in currency value is:
Breakeven point (in currency value) = Breakeven point (in pairs of Kitenge sold) x Price per unit
Breakeven point (in currency value) = 3,000 x TZS 5000 = TZS 15,000,000
ii. To bring an earning of TZS 1,000,000, we need to calculate the contribution margin per unit, which is the difference between the price per unit and the variable cost per unit:
Contribution margin per unit = Price per unit - Variable cost per unit
Contribution margin per unit = TZS 5000 - TZS 12,003
Contribution margin per unit = TZS -7003
To earn TZS 1,000,000, we can use the following formula:
Pairs of Kitenge = (Fixed costs + Earnings) / Contribution margin per unit
Pairs of Kitenge = (TZS 12,000,000 + TZS 1,000,000) / (TZS -7003)
Pairs of Kitenge = 1985 pairs of Kitenge (rounded up to the nearest whole number)
Therefore, to bring an earning of TZS 1,000,000, ANGA Ltd needs to make and offer 1985 pairs of Kitenge.
iii. To determine the pairs of Kitenge needed to bring an after-tax earnings of TZS 1,200,000, we need to take into account the tax rate. Assuming a tax rate of 30%, the net earnings required would be:
Net earnings = After-tax earnings / (1 - Tax rate)
Net earnings = TZS 1,200,000 / (1 - 0.30)
Net earnings = TZS 1,714,286
Using the contribution margin per unit calculated in (ii) above, we can determine the number of pairs of Kitenge needed to generate this net earnings:
Pairs of Kitenge = (Fixed costs + Net earnings) / Contribution margin per unit
Pairs of Kitenge = (TZS 12,000,000 + TZS 1,714,286) / (TZS -7003)
Pairs of Kitenge = 2855 pairs of Kitenge (rounded up to the nearest whole
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Answer:
Explanation:
i. Calculate the breakeven in pairs of Kitenge sold and in currency value. [5 Marks]
James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?
The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%
Answers
The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.
What is inflation?The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.
How do you determine it?James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.
Raise in salary = 43800 - 42000 = $1800
Therefore, real raise of salary in percentage is:
= Raise in salary/ initial salary x 100%
= 1800/42000 x 100%
= 4.285% = 4.29%
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Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 350,000 shares of $11 par common stock and 40,000 shares
of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $20 per share. The following stock
transactions pertain to Eastport Inc.:
1. Issued 22,000 shares of common stock for $16 per share.
2. Issued 7,000 shares of the class A preferred stock for $25 per share.
3. Issued 55,000 shares of common stock for $19 per share.
Required
Prepare the stockholders' equity section of the balance sheet immediately after these transactions have been recognized.
EASTPORT INC.
Balance Sheet (partial)
For the Year Ended Year 1
Stockholders' Equity
Total Paid-In Capital
Total stockholders' equity
Answers
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
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An employee from another department will join your team next week. She requested the transfer because she felt her work was becoming predictable and monotonous. Her performance reports show she has made good contributions to programming projects but needs to improve her presentation skills.
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It appears that next week, an employee from another department will be joining your team.
She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.
However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.
Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.
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