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Sophie [7]
3 years ago
11

"Ramon runs the marketing department at his company. His department gets a budget every year, and every year, he must spend the

entire budget without going over. If he spends less than the budget, then his department gets a smaller budget the following year. At the beginning of this year, Ramon got $2.5 million for the annual marketing budget. He must spend the budget such that  2,500,000−x=0.  What property of addition tells us what the value of x must be?"
Business
1 answer:
miss Akunina [59]3 years ago
8 0

Answer:

Property of additive inverse

Explanation:

Given: Ramon got $2.5 million for the annual marketing budget such that he must spend the budget such that  2,500,000-x=0  

To find: property of addition that help us to know what the value of x must be

Solution:

1 million is equal to 1,000,000

So,

2.5\,\,million=2.5(1,000,000)=2,500,000

According to property of additive inverse,

a+(-a)=0

Given equation is 2,500,000-x=0

This equation can be written as 2,500,000+(-x)=0

So,

x=2,500,000

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Answer: $7808

Explanation:

From the question, 1600 shares of Barrett Golf Corp were purchased stock at a price of $36.70 per share. While owning the stock, dividend totaling $.75 per share was received. Today, the stock was sold at a price of $40.83 per share. The total dollar return on the investment will be:

Dollar return = Number of shares × (Sale price + Dividend - Purchase price)

= 1600 × (40.83 + 0.75 - 36.70)

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= 1600 × 4.88

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5 0
3 years ago
Galaxy Products is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P
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Answer:

break even EBIT is $717,240.13

Explanation:

given data

stock outstanding = 230000 shares

stock outstanding = 224478 shares

debt outstanding = $210000

interest rate = 8.2 percent

to find out

What is the break even EBIT

solution

we get break even EBIT is here express as

\frac{EBIT}{230000} = \frac{EBIT-210000*0.082}{224478}

EBIT × 224478 = 230000  × ( EBIT - 17220 )

solve it we get

EBIT  = $717,240.13

so break even EBIT is $717,240.13

6 0
3 years ago
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Luba_88 [7]

Answer:

<em>Confidentiality duty to Kim has been violated by Greg</em>.

Explanation:

Remember Greg is acting as agent or real estate agent to Kim.

According to law he owed a duty of confidentiality to Kim which involves not disclosing any information of benefit which he may have gotten from his client (Kim) to third parties (buyers) without permission from Kim.

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4 0
3 years ago
every organization has a set of unwritten norms that mambers of the organization accept and understand and which guide their act
lesya [120]

Answer:

Organization's culture.

Explanation:

Every organization has a set of unwritten norms that members of the organization accept and understand and which guide their actions. This system of shared meaning is organization's culture.

An organizational culture typically comprises of values, norms, beliefs and assumptions which defines the most appropriate ways of behaving in an organization (work environment).

Generally, an organizational culture is usually designed and established by the top executives or management of an organization and communicated to the various employees working there.

According to Robert Quinn and Kim Cameron, an organizational culture can be divided into four (4) main categories;

1. Adhocracy culture.

2. Clan culture.

3. Hierarchy culture.

4. Market culture.

<em>Additionally, the significance of an organizational culture is simply that it creates a unique social, efficient and psychological environment of an organization. </em>

7 0
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Diamond Boot Factory normally sells its specialty boots for $35 a pair. An offer to buy 110 boots for $29 per pair was made by a
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Answer:

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Now the calculation of differential income or loss per pair of boots from selling to the organization,

8 0
3 years ago
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