Heating Degree Days
In comparison to San Francisco, Richmond, Virginia has a higher high temperature and a lower low temperature. And San Francisco has a more steadily averaged temperature for both highs and lows throughout the year, less extreme variation.
And although the average winter temperatures discussed in the question is significantly lower for Richmond, the issue with having similar amounts of heating degree days, relates to the outside air temperature falling below 65 degree Fahrenheit.
A heating degree day corresponds to the time when it is necessary to heat a building due to the outside air temperature falling below this threshold - the level or number of 65 degrees.
Though seasonal differences exist for both San Francisco and Richmond, as presented by the winter average differences, both of these cities fall below the 65 degree Fahrenheit level or Heating Degree Days at a similar rate, but San Francisco is not as much. Both cities transition to above this temperature during the warmer months, San Francisco by a smaller amount than Richmond, but like Richmond, still above the 65 degree level.
Answer: a. I, II and III are true
Explanation:
From the question, the statements that are true are:
I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.
III. 2% is the expected inflation rate over the period.
4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.
2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.
Answer:
The applicable options are:
$7,997.75 $5,842.50 $6,955.93 $8,799.06
The first one ,$ 7,997.75 is correct answer
Explanation:
The amount of monthly withdrawal can be computed using the pmt formula in excel
=pmt(rate,nper,-pv,fv)
rate is the monthly rate of return which is 6%/12=0.5%
nper is the thirty years multiplied by 12 which is 360 months
pv is the current amount in her retirement savings which is $1.5 m
fv is the amount expected to be left in the account for children and grandchildren which is $1 m
=pmt(0.5%,360,-1500000,1000000)=$ 7,997.75
The amount of monthly withdrawal is 7,997.75
Answer:
The VALS framework examines the intersection of psychology, demographics, and lifestyles.
Explanation:
The VALS system (Values and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:
-Principle-oriented consumers. They buy taking into account "how the world should be".
-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.
-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.
In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.
Answer: The acquisition leads to value creation
Explanation: In simple words, value creating refers to the process under which the company enhances its working image in the eyes of various stake holders.
It is one of the primary objectives of any organisation. Creating value in the eyes of customers help to sell the products in market while value creation for stakeholders increases the stock price and helps in generation of capital.
Hence it is not a failure of mergers and acquisition.
