What is the best strategy to avoid paying interest on your credit cards?

What are the implications of sharing confidential material information?

Norma-Jean [14]

The implication of sharing confidential material information is about having to keep a certain thing private in a way that it should be remained secret and hidden unless it has been given consent by the person who holds the privacy to be told to another party. It is not release carelessly and should be handled with care as it should be kept by the person withholding the information.

5 0

2 years ago

Suppose that Spain and Denmark both produce jeans and olives. Spain's opportunity cost of producing a crate of olives is 3 pairs

Lyrx [107]

Answer:

b. 6 pairs of jeans per crate of olives; and

c. 4 pairs of jeans per crate of olives

Explanation:

Olives Jeans Trade off Ratio (Olives:Jeans)

Spain 1 3 1:3 or 0.33:1 (1/3 = 0.33)

Denmark 1 11 1:11 or 0.09:1 (1/11= 0.09)

Spain & Denmark have less opportunity cost & hence comparative advantage than each other, in Olive & Jeans respectively.

Spain will export Olives to Denmark (importer). Denmark will export Jeans to Spain (Importer). Trade will be gainful if they get exchange ratio better than domestic exchange ratio.

'2 jeans pairs per olive crate' not gainful trade ratio for Spain, as it is getting more i.e 3 jeans pair per olive crate at its own domestic ratio.

'13 jeans per olive' not gainful for Denmark, as 0.07 = (1/13) olive per jeans is worse than its own domestic ratio i.e 0.09 = (1/11) olive per jeans

'4 jeans pairs per olive crate' is gaining trade ratio for:

Spain: As it gets 4 i.e more than 3 pairs of jeans per olive crate
Denmark : As it gets 0.25 = (1/4) i.e more than 0.09 olive crates per pair of jeans

'6 jeans pairs per olive crate' is gaining trade ratio for:

Spain: As it gets 6 i.e more than 3 pairs of jeans per olive crate
Denmark : As it gets 0.16 = (1/6) i.e more than 0.09 olive crates per pair of jeans

Both of them are gainful trade ratios, but:

1olive:4 jeans is more gainful for Denmark, as it is gaining relatively more than domestic exchange rate (0.25 is more > 0.09 than 4 > 3).
1olive:6jeans is more gainful for Spain as it is gaining relatively more than domestic exchange rate (6 is more > 3 than 0.16 > 0.09)

3 0

3 years ago

_____ refer(s) to fiscal policy that is caused by the deliberate action by policy makers rather than rules. Please choose the co

Inessa05 [86]

Answer: Discretionary fiscal policy

Explanation: Discretionary fiscal policy is a tool of fiscal policy used by the government to expand or shrink the economy as per the need. While performing such policy the government changes the level of tax collection or the amount of expenditure done on the economy.

It is a deliberate action by the policy makers and do not automatically accelerates while during inflation or deflation.

5 0

3 years ago

Klose Outfitters Inc. believes that its optimal capital structure consists of 60 percent common equity and 40 percent debt, and

Eduardwww [97]

Answer:

WACC 10.38305%

Explanation:

<em><u>First we solve for the source of financing:</u></em>

Expansion: 5,900,000

60% Equity: 3,540,000

Retained Earnins 2,000,000

then 1,540,000 will be common equity

40% debt: 2,360,000 It can raise up to 3,000,000 so it will be sufficient

D 2,360

E 1,540

RE 2000

V 5,900

Now we can solve for Weighted average cost of capital

$WACC = K_e(\frac{E}{E+RE+D}) + K_{re}(\frac{P}{E+RE+D}) + K_d(1-t)(\frac{D}{E+RE+D})$

Ke 0.15

Equity weight 0.261016949 (1,540,000 / 5,900,000)

Kre 0.12

RE Weight 0,338983 (2,000,000 / 5,900,000)

Kd 0.1

Debt Weight 0.4 ( 2,360,000 / 5,900,000)

t 0.4

$WACC = 0.15(0.261016949152542) + 0.12(0.338983050847458) + 0.1(1-0.4)(0.4)$

WACC 10.38305%

5 0

2 years ago

A retired athlete built a gym near his house that could be used for free by all the residents in the neighborhood. However, the

zhuklara [117]

Answer:

Tragedy of the commons.

Explanation:

The "Tragedy of the Commons" refers to the phenomenon where People overuse a common resource. It is a situation arise when individual user share resources with much other and demand increase in comparison to the supply of resources, which lead to depletion, destruction, or damage to resources due to overconsumption. It can be prevented by using certain measures like fixing ownership of resources, assigning basic rules and regulations for usage of resources, penalizing for damage, etc.

In the given case, a retired athlete built a gym and made it common and free for neighborhood residents, which lead to overuse of gym facility and that is a tragedy of common arise.

4 0

3 years ago