Answer:
hyejh466u35j736
Explanation:
hye3j74j46j7k7 y4j7jhynejvijijjufrvjuejvhybtybt3nutgbtygnbuynnnveutbnvrnvrwjmuecyvbrtevmirwubtyvntgiru0ebvthbyghbygnbnbnvruhvtyhgguru8ht
Answer: cannot be physically possessed (B)
Explanation:
A service is a transaction where there is no transfer of physical goods from the seller to the buyer. Services are the action performed by an individual or firm for another person and are intangible in nature.
The satisfaction derived from a service are seen by the buyers willingness to pay for the service rendered to him or her. Public services are the services that the society pays for. Examples of services are car repair, haircuts, mail delivery, medical check-ups, and teaching.
Answer:
d. Banks hold a lot of debt and have a small mark up, and the DuPont illustrates this relationship.
Explanation:
The Dupont model is basically a more complex return on equity (ROE) analysis. It breaks down ROE using net profit, asset turnover and equity multiplier (or financial leverage) to focus on the financial performance of businesses.
ROE = profit margin x asset turnover x financial leverage
When firms have higher financial leverage, ROE will increase, but risk will also increase, resulting in higher cost of equity.
Banks tend to have a much higher financial leverage than most companies since their business is to take deposits (liabilities) and then make loans to other clients (assets). E.g. commercial banks on average have a debt to equity ratio of 2, while investment banks have a D/E ratio of 3 or more. That means that for every $1 of equity, investment banks have $3 of debt.
The Dupont analysis is useful for understanding whether a company's performance is based on its efficiency (high profit margin or asset turnover) or its financial leverage. If a high ROE is based solely on a high financial leverage, then the company is considered a risky investment.
Answer:
$32.4
Explanation:
According to the scenario, computation of the given data are as follows:
Gross wage in First quarter = $3,000 + $2,400 = $5,400
FUTA tax rate = 0.6%
So, we can calculate the FUTA tax amount by using following formula:
FUTA tax amount = FUTA tax rate × Gross wage in First quarter
= 0.6% of $5,400
= 0.6% × $5,400
= $32.4
We know that the least square regression line is given by the equation:
y = a+b x
Here is the Y-intercept of the line and is the slope of the line that is, angle made with the horizontal axis or corresponding change in Y when X increases by one unit. This implies that the least square regression lines are completely determined by the slope and the intercept as given in the above equation.
Now if this line is found to be horizontal as shown in the figure below then it can be easily observed from the figure that the horizontal least square regression line makes no angle with the horizontal axis of the independent variable and thus is parallel to it.
