Answer:
The correct answer is letter "B": marketing research.
Explanation:
Marketing research is the study companies make before launching a product or service by which they gauge how successful could be the product in the market. The marketing research is the indicator that will determine if the goods will be produced or not. This study is also helpful at the moment of determining the target market of the firm and its scope, as well as the approximate price that consumers would pay for the product.
This would indeed present a conflict of interest. A conflict of interest occurs when a person or an organization is involved in various commitments, obligations or tasks, and where serving one interest could involve working against the other. In this case, the law firm that represents the tug boat manufacturer has as its goal the maintenance of objectivity and the pursuit of justice. However, if the son of the canal administrator joins the firm, this could be put at jeopardy, as he would have a vested interest in a particular outcome.
Answer:
her expected gain is $45,000.
Explanation:
If she wins
She will make = $400,000
Probability of winning = 0.3
Expected income = $400,000 x 0.3 = $120,000
Cost on the cash = $75,000
Expected gain = Expected income - Cost = $120,000 - $75,000 = $45,000
If she loses the case she has to bear the cost incurred to prepare the case. So, the probability on the cost side is 1 but probability on the income side is 0.3 so we calculated the 0.3 probable income which is $120,000 after deducting the cost the lawyer will have expected gain of $45,000 only.
Answer:
Yes, agree, business transactions are economic transactions. Two reasons why:
- Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
- Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.
Answer:
The annual coupon interest rate is 4%.
Explanation:
Bond Price = C *[1 - [1/(1 + i)^n]]/i + M/(1 + i)n
Bond Price = $768
n = number of periods
= 5*2
= 10 periods
C = ?
i = interest rate
= 0.05
M = Face value
= $1,000
768 = C*[1 - {1/(1 + 0.05)^10/0.05 +$ 1,000/(1 + 0.05)^10
768 = C*[1 - (1/1.05)^10/0.05 + $1,000/(1.05)^10
768 - 613.91 = 7.72173C
C = 154.08675 /7.7213
= 19.95494
Annual = 19.95*2
= $40
Coupon rate = 40/$1,000
= 4%
Therefore, The annual coupon interest rate is 4%.
