Answer:
A firm always has a competitive disadvantage when its return on invested capital is:_________
D. below the industry average.
Explanation:
A firm's competitive disadvantage shows when the return on investment is below the industry average. For instance, let us assume that Niposte, Inc. operates in the paper milling industry and that its return on investment of 10% falls below the industry average of 15%, then one can conclude that Niposte, Inc. is not favored in this industry. The cause of such a situation for Niposte, Inc. may be that the ability of its management to turn revenue into profits for stockholders is hampered with excessive costs. This is because the return on investment is a profitability ratio that shows how Niposte, Inc. and its competitors are performing in terms of generating profit from revenue through efficient management of operating costs.
Answer:
Market price of the bond = $912.53
Explanation:
YTM = 6.90%
Coupon rate = 5.87%
Number of compounding per year = 2
YTM Per perid = 0.0345
Years = 13
Number of period = 26 (Nper)
Par value = 1,000
Semi annual coupon rate = 0.02935
The semi annual coupon payment = Par value * Semi annual coupon rate = 1,000 * 0.02935 = $29.35
Market price of the bond = PV(YTM, Nper, Semi annual coupon payment,Par value)
Market price of the bond = $912.53
Answer:
Option C, corporate-level planning, is the right answer.
Explanation:
Option C, “corporate-level planning” is the correct answer because it is the corporate planning according to which every employee has to work. If the quality of planning is good then the firm will produce higher output with lower operating cost and if the planning is not good or suitable then the firm can increase the productivity but operating cost may go very high. Therefore, option C is right.
Answer:
E. You should accept the $200,000 because the payments are only worth $195,413 to you today
Explanation:
We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate
C 1,400.00
time 240 (20 years x 12 month per year)
rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)
PV $195,413.0804
Answer: C. Reformation
Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.
