Republican Governor Hiram Johnson was the California governor who was instrumental in changing the executive bureaucracy from a spoils system to a merit system.
A spoils system refers to a system of patronage in which the victorious candidate or party in an election gives public offices to their supporters as reward and incentive.
It was a common phenomenon in the United States, until a civil service reform movement led to passage of the Pendleton Act of 1883, which instituted merit-based appointments to offices at the federal level.
Hiram Johnson was a former Governor of California between 1917 to 1945. He was credited with many progressive reforms, among which was ensuring the executive bureaucracy operated on the basis of merit and not political patronage.
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I would need to see the chart but if BigBox has more, it would be they are the dominant, and same for CheapStore. basically, whoever has more revenue (money production) will have the dominant strategy.
Answer:
Option (a) is correct.
Explanation:
Value of stock:
= Present value of all cash flows
![=Dividend[\frac{1-\frac{1}{(1+r)^{n} } }{r}] + Par\ value[\frac{1}{(1+r)^{n} }]](https://tex.z-dn.net/?f=%3DDividend%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7Bn%7D%20%7D%20%7D%7Br%7D%5D%20%2B%20Par%5C%20value%5B%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7Bn%7D%20%7D%5D)
![=50\times 0.12[\frac{1-\frac{1}{(1.08)^{5} } }{0.08}] + 50[\frac{1}{(1.08)^{5} }]](https://tex.z-dn.net/?f=%3D50%5Ctimes%200.12%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281.08%29%5E%7B5%7D%20%7D%20%7D%7B0.08%7D%5D%20%2B%2050%5B%5Cfrac%7B1%7D%7B%281.08%29%5E%7B5%7D%20%7D%5D)
= $6 × 3.9927 + $50 × 0.6806
= $23.96 + $34.03
= $57.99 or $58
Answer:
<u>New York Times (NYT) Cost per Thousand Impressions (CPM):
</u>
Cost per Thousand Impressions = Advertisement Cost / (Impressions / 1000)
Cost per Thousand Impressions = $12,000 / (251,000 /1000)
Cost per Thousand Impressions = $12,000 / 251
Cost per Thousand Impressions = $47.8
<u>NYT CPM for College Professors:
</u>
Impressions generated = 251,000 × 11%
Impressions generated = 27610
CPM = Advertisement Cost / (Impressions / 1000)
CPM = $12,000 / (27610 / 1000)
CPM = $12,000 / 27.61
CPM = $434.6
Answer:
The total cost of the units completed and transferred out of the department was: $324,900
Explanation:
First Calculate Total Cost per Equivalent Unit
Materials $2.00
Conversion $3.70
Total $5.70
Then, Calculate the Cost of Units Completed and Transferred
<em>Units Completed and Transferred × Total Cost per Equivalent Unit</em>
57,000 × $5.70
$324,900