The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.
Answer:
About being on time, this article reveals:
1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.
2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.
Explanation:
The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.
<span>The national incident management system is
Answer:</span>
<span>The National Incident Management System (NIMS)
is a systematic, proactive approach to guide departments and agencies
at all levels of government, nongovernmental organizations, and the
private sector to work together seamlessly and manage incidents
involving all threats and hazards.</span>
<span>If you use a credit card and don't know the ins and outs of the grace period, you risk taking an awkward financial pratfall.
Capitalizing on the grace period's break on interest charges can save the typical cardholder a couple hundred bucks a year. But the savings aren't automatic and, according to an October 2013 report by the Consumer Financial Protection Bureau, it's "unclear whether consumers understand" the grace period's wily ways.
"It's basically an interest-free period, but only if you pay your balance by the due date," said Nessa Feddis, general counsel at the American Bankers Association.
Learn to use grace period
What it is: The grace period is the window of time from the end of your billing cycle to the due date for that cycle. Paying your new balance in full by the due date triggers a break on interest on new purchases during the current billing cycle -- if you pay in full consistently. While the grace period is referred to as an interest free period, the break on interest extends to the dates that purchases are made and posted to your balance.
Wiping out your monthly balance sounds simple, but it can be tricky if you don't already make a habit of it. Regaining the benefits of the grace period after even one month of carrying a balance can be confusing. And there are exceptions and pitfalls to watch out for. Paying in full during the grace period doesn't give you a break on cash advances or convenience checks, which, unlike purchases, usually begin building up interest immediately. Some balance transfers may also be excluded from a grace period, depending on the terms of your card.
Grace period is a holdover
Credit cards aren't required to provide a grace period, but almost all of them do, with the typical period being at least 25 days -- the norm for major issuers. If your due date falls on a weekend, the deadline extends to the next business day. Cards that do provide a grace period are required to mail your bill at least 21 days before your payment due date, under the CARD Act.
"It's a holdover from the origins of credit cards," Feddis said. "People would make a purchase at the store (on credit), and stores would allow people to pay at the end of the month."
The local grocer probably didn't want to calculate interest with a pencil stub on a brown paper bag, any more than his customers wanted to pay it. These days, calculating a daily periodic rate is a breeze for computers, yet most card companies continue to offer a grace period "because people are accustomed to it," Feddis said.
If you currently struggle to make the minimum monthly payment on your cards, it will take some work on your budget to get to the point where you can pay in full and qualify for the grace period. About 18 percent of Americans pay the minimum due each month, according to an analysis by the credit bureau TransUnion. At the other end of the spectrum, 42 percent regularly pay their full balances, capturing the benefit of the grace period's "free" loan from their credit cards.
That leaves 40 percent in the middle who pay more than the minimum, but less than the full balance. Paying more than the minimum is never a bad idea -- it will always reduce your interest costs. But if your budget allows, paying enough to wipe out your monthly balance entirely will boost your savings quite a bit more</span>
Answer:
A) Qualcomm's enterprise value= $95 billion
B) Asset Beta of Qualcomm’s business = 1.29
C) Qualcomm's WACC= 7.931%
Explanation:
The question relates to Capital asset pricing model (CAPM) which is used to calculate the required return from an investment given the level of risk associated with the investment. Now there are many risk that the level of cash flows and hence the required return from an investment such as systematic and unsystematic risks, business and finance risks etc.
The requirements of the question are as follows:
a)What is Qualcomm’s enterprise value?
b)What is the beta of Qualcomm’s business assets?
c)What is Qualcomm’s WACC?
The first two requirements will help us compute requirement C so we begin solving it form A as follows:
A) Qualcomm's enterprise value= ve- vd +va
ve= value of equity
vd= value of debt
va= value of asset
Qualcomm's enterprise value= $87b - $13b +$21b
Qualcomm's enterprise value= $95 billion
B) Beta of Qualcomm’s business assets:
Now beta is an index used to measure systematic risks (risks posed by macro-economic factors such as tax, interest rates etc). There are two beta indexes, asset beta and equity beta. Asset beta measures business risks only and equity beta measures both business and finance risks. In the question we already have equity beta so we need to calculate asset beta in order to compute Qualomm's WACC.
ba = be× ve/enterprise value
ba = asset beta
be= equity beta
ba= 1.41× $87÷$95
Beta of Qualcomm's business= 1.29
C) Qualcomm’s WACC:
The formula is as follows:
Ke= Rf + (market premium)× ba
ke = WACC
Rf= risk free rate of interest
ba= asset beta
ke= 2.9% + (3.9% ×1.29)
ke/WACC= 7.931%
