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3 years ago

One of the biggest benefits of a market-based economy is

1 answer:

3 0

The answer for this question is: the ability to adapt quickly to change<span>
In market-based ecnomy, the government put little to restriction about the decision made by the companies. One positive aspect of this would be that the market could quickly identify what products needed by the market and produce it to fulfill the demand </span>

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Following up on bad news in writing is important to _________. a. promote good relations b. formally confirm follow-up procedure

Tanzania [10]

Answer:

a. promote good relations

b. formally confirm follow-up procedures

c. establish a record of the incident

Explanation:

If we follow up with the bad news in written form so it is important for promoting the goods relations with the clients or customers, confirming the follow-up procedures with respect to clients or customers, plus it also develops the record of the incident but it does not important to achieve for all of the purposes

Therefore the correct option is a, b and c but not d

5 0

3 years ago

aka is considering sending a message regarding a raise but is concerned since the company is struggling financially. Taka has de

OLEGan [10]

Answer:

E. Is the purpose realistic?

Explanation:

A purpose would be referred to as realistic, when it is backed by real evident reasons which determine the chances of happening or non happening of an event. It refers to realistic perception which is backed by logics, reasons and practicality rather than a desire, whim or an impulse.

In the given case, the company is going through a rough patch financially. In such a scenario, one of it's employees is desirous of pay raise and is considering to compose and send a message for the same object.

With available facts and situation apparent to the employee, it would first realistically seek an answer to the question, whether realistically his demand would be met, given the situation.

The employee needs to weigh in the pros and cons and decide if it would be the right time to send such a message and the possibility of how such a demand would be responded/reacted to.

8 0

3 years ago

Read 2 more answers

On March 1, Squire Company purchased a new stamping machine with a list price of $24,000. The company paid cash for the machine;

Nikitich [7]

Answer:

C. $25,960

Explanation:

Cost of asset includes all the cost involved to acquire and install the asset. In simple term all the costs that are necessary to make the asset usable are capitalised and added to the cost of the asset.

In this question stamping machine has following cost which need to be capitalised.

Discounted Price = $24,000 x ( 100% - 3% ) = $24,000 x 97% = $23,280

Transportation cost = $550

Sales Tax = $1,680

Installation cost = $450

Total cost to be capitalized = $23,280 + $550 + $1,680 + $450 = $25,960

Routine Maintenance cost is the routine / period cost which incur every month, It is not necessary to make the asset usable and it is incurred after the asset is used.

5 0

3 years ago

Read 2 more answers

A speaker says, "because the japanese make the best stereo sound systems in the world, you should consider buying a japanese-mad

Advocard [28]

<span>The speaker is using the fallacy of building on an unproven assumption. The speaker has made the assumption that the Japanese make the best stereo sound systems in the world. This is merely his/her opinion, and is not a proven fact. Thus, when the speaker bases another argument on that assumption, he has used a fallacy in reasoning.</span>

7 0

3 years ago

The Corner Bakery has a bond issue outstanding that matures in 7 years. The bonds pay interest semi-annually. Currently, the bon

MaRussiya [10]

Answer:

Ans. The after tax cost of this bond is 2.09%

Explanation:

Hi, first we need to establish the cash flow of the bond, so we can find the after tax cost of the bond. After we find the after tax cash flow of the bond, we must use the IRR function of MS Excel to find the semi-annual cost of this debt, but, all after tax debts should be presented in annual basis. Let me walk you through the process. First, let me show you how it should look.

Face Value 100

price 101,4

years 7 years

Coupon 9%

Coupon 4,5% semi-annually

tax 30%

Per Cash Flow After Tax

0 101,4 101,4

1 -4,5 -3,15

2 -4,5 -3,15

3 -4,5 -3,15

4 -4,5 -3,15

5 -4,5 -3,15

6 -4,5 -3,15

7 -4,5 -3,15

8 -4,5 -3,15

9 -4,5 -3,15

10 -4,5 -3,15

11 -4,5 -3,15

12 -4,5 -3,15

13 -4,5 -3,15

14 -104,5 -73,15

Cost of Debt 1,04% semi-annually

Cost of Debt 2,09% annually

Ok, now, as you can see, there are 14 periods, that is because the coupon is paid semi-annually, the way to find the cash flow (I mean, the bond´s coupon) is:

$Coupon (semi-annual)=(Face Value)x\frac{0.09}{2} =4.5$

At the end (period 14), we need to add the face value and the coupon, that is $100+$4.5=$104.5

Now, to find the value of the third column (after-tax cost), we do the following.

$After-tax-Cost=Couponx(1-taxes)=4.5(1-0.3)=3.15\\$

Now, consider this, you are receiving 101.4 for every 100 of debt, that means that you are receiving more money than the emission value, and paying interests over 100 instead of 101.4, that is why we have to use the IRR excel function to find out the semi-annual cost of debt. That is, 1.04%.

Now, to make this an effective annual rate, we calculate it like this.

$EffectiveAnnualRate=(1+semi-annual Rate)^{\frac{1}{2} } -1=(1+0.0104)^{\frac{1}{2} } -1=0.0209$

Finally, the after-tax cost of this debt is = 2.09%

Best of luck.

6 0

3 years ago