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4 years ago

Normative and positive statements

Business

1 answer:

shepuryov [24]4 years ago

3 0

Answer:

1. Breast cancer is the fifth most common cause of cancer death - Positive statement

2. For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality - Positive statement

3. Doctors should encourage women aged 60 to 69 to be screened for breast cancer - Normative statement

4. The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer - Normative statement

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Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun

AURORKA [14]

Answer:

FV of ordinary annuity:

$500 per year for 12 years at 6%.

FV = $500 x 16.870 (FV annuity factor, 6%, 12 periods) = $8,435

$250 per year for 6 years at 3%.

FV = $250 x 6.4684 (FV annuity factor, 3%, 6 periods) = $1,617.10

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity factor, 6%, 12 periods) = $1,600

FV of annuity due:

$500 per year for 12 years at 6%.

FV = $500 x 17.8821 (FV annuity due factor, 6%, 12 periods) = $8,941.05

$250 per year for 6 years at 3%.

FV = $250 x 6.6625 (FV annuity due factor, 3%, 6 periods) = $1,665.63

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity due factor, 6%, 12 periods) = $1,600

8 0

3 years ago

Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand. If

grin007 [14]

This question is incomplete. The complete question should be:

Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.

If a shortage exists in the car market, then the current price must be ____ than the equilibrium price. For the market to reach equilibrium, you would expect ______.

Answer:

If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.

Explanation:

When demand is equal to supply in a market, the the market is said to be at equilibrium.

In a market for cars, the equilibrium price is the price at which cars are sold when demand for cars equals the supply of cars into the market.

If the price of cars in the market drops lower than the equilibrium price, then there will be an increase in demand for cars. Without a corresponding increase in supply of cars, the market will experience a shortage of cars.

For the market to reach equilibrium, prices will have to rise and car buyers will have to pay higher prices.

5 0

4 years ago

Which of the following should you keep in mind when targeting high-level networkers on sites such as LinkedIn?

erastovalidia [21]

Answer:

The correct answer would be option A, You should only request a connection if you know the person.

Explanation:

There are many social media websites which are basically the networking websites. Some websites are meant for making friends and increasing the social circle, whereas some websites like LinkedIn are meant to connect people with each other professionally. These are considered the high level networking websites. So in such type of professional websites, if you know someone or if you have an acquaintance with someone, you should then send him the request, otherwise you are likely not to get the reply from that person.

5 0

4 years ago

The zero-based budget is the best method of budgeting because:

Troyanec [42]

Answer:

The zero-based budget ensures that every dollar you make is assigned a specific purpose

Explanation:

Zero-based budge: It is also known as "zero-sum budget".

It refers to the process of creating a budget from nothing without using the previous year’s budget. It enables a firm allocate all its resources to expenses and debt payment.

Zero based budget ensures that every income made is allocated to a particular purpose without a remainder. The major goal of zero based budget is to ensure that revenue (income) less expenditure (spendings) is equal to zero.

That is, in zero based budgeting,

Income - expenditure= zero (0).

In other words,

income= expenses

5 0

3 years ago

Read 2 more answers

Your company issued 1,000, 3.8% bonds (face value of each bond is $1,000) at 101.8250 on July 1st, 2019. The bonds are due on Ju

Soloha48 [4]

Answer:

In this problem, 3.8% coupon bearing bond of $1,000 each has been issued. Total 1000 bonds are issued. Each has been issued at 101.8250%. So total amount realized on issue is $1,018,250. It is the value of bond calculated at market rate. Value of a bond is the sum of the present value of cash flows. Here bond has 5 years duration. Interest is paid semiannually. So after every six month, interest payable is -

Calculate present value of 10 such semiannual payment plus principal amount payable at the end of 5th year. Add them. The amount will be current issue price of bond.

So premium amount at the time of issue is-

This premium will be amortized in 5 years period along with each semi annual interest payment is made. So on maturity, no premium amount will be left.

Here amortization will be made at effective rate. Here effective rate will mean market rate. It is 3.4% i.e. 1.7% semi annually. This effective rate is applied on carry balance of bond. Carry balance of bond is nominal value of bond plus unadjusted portion of premium.

Consider the table below. It shows calculation of effective interest rate. First effective rate is 1.7% on carry value of $1,018,250. It is $17,310. But interest actually payable is $19,000. So difference is amortized portion of premium. It is-

This amortized portion will reduce premium balance. So effective carry value of bond in the book will be

Second semiannual effective interest will be 1.7% on $1,016,560. This process will continue for 10 such semi-annual payments. Thus after 10 payments, premium account will have zero balance. Only $1,000,000 balance will appear in 3.8% bond account. It will be finally paid off by debit in 3.8% bond account and credit in cash account.

Explanation:

3 0

3 years ago