Answer:
A. The country has a high inflation rate and rapid economic growth.
Explanation:
A contractionary monetary policy aims at limiting the amount of money supply in the economy. Contractionary monetary policies discourage banks from lending out money to businesses and households. If firms and individuals have no easy access to credit, the level of investments and consumption declines, resulting in slower economic growth.
Contractionary monetary policies are also used to tame a high inflation rate. Inflation is the general increase in prices in the economy. It may arise due to a high economic growth rate. Because contractionary policies decrease the supply of money in the economy, less liquidity reduces the aggregate demand, thereby curbing increasing prices.
Answer:
Value of the bond = $862.013
Explanation:
The value of the bond is the present value of the future cash receipts expected from the bond. The value is equal to present values of interest payment and the redemption value (RV).
Value of Bond = PV of interest + PV of RV
The value of the bond can be worked out as follows:
Step 1
<em>Calculate the PV of Interest payment
</em>
Present value of the interest payment
PV = Interest payment × (1- (1+r)^(-n))/r
Interest payment = $40
PV = 40 × (1 - (1.05)^(-12×2)/0.05)
= 40 × 13.7986
= 551.945
Step 2
<em>PV of redemption Value
</em>
PV of RV = RV × (1+r)^(-n)
= 1000 × (1.05)^(-12×2)
= 310.067
Step 3
<em>Calculate Value of the bond </em>
= 551.94567 + 310.067
=862.01
Value of the bond = $862.013
Answer:
$9,000
Explanation:
Bad Debts Written off $22,000
Uncollectible accounts-recovered $(8,000)
Allowance for doubtful accounts reversed
(opening-closing $40,000-$35,000*) ($5,000)
Bad Debt Expense for the year $9,000
*270,000-235,000 =35,000
Answer:
The answer is option B) The Delphi technique is a useful way to gather opinions from experts who desire anonymity.
Explanation:
The Delphi method seeks to collate opinions from a diverse set of experts, and it can be done without having to bring everyone together for a physical meeting.
Since the responses of the participants are anonymous, individual panelists don't have to worry about the consequences of their opinions.
Consensus takes time since opinions are carefully analyzed, making the method very effective.
It is an exclusive process used to arrive at a group opinion or decision by surveying a panel of experts.
Experts respond to several rounds of questionnaires, and the responses are aggregated and shared with the group after each round.
The experts can adjust their answer each round, based on how they interpret the group response provided to them to assess.
The ultimate result is meant to be a true consensus of what the group thinks whilst retaining the anonymity of the respondents.
Answer: This question lacks the following answers:
a. market share pricing
b. profit maximization
c. demand orientation
d. sales maximization
<u>The correct answer is b)</u>
Explanation:
The practice of giving away free things (mobile accessories) can be good after the launch of a new product range, or even when the company itself is entirely new. However, it is not feasible in the long run, as the company <u>does not generate profit</u> from giving products for free.
Giving discounts is definitely more lucrative, as the discount itself provides enough of an incentive for the customer to buy the accessory. On the company side, <em>profit </em>will be generated (although decreased with the discount, but still generated compared to giving free things).
