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3 years ago

A government policy that sets the highest price that can be charged for a good or service is a __________.

Business

1 answer:

trasher [3.6K]3 years ago

3 0

Answer:

B. price ceiling.

A government policy that sets the highest price that can be charged for a good or service is a price ceiling.

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The u.s. dollar exchange rate increased from $0.960.96 canadian in june 2011june 2011 to $1.031.03 canadian in june 2012june 2

Artemon [7]

Given that <span>the U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to $1.03 Canadian in June 2012, and it decreased from 81 Japanese Yen in June 2011 to 78 Japanese Yen in June 2012.

Between June 2011 and June 2012, the U.S. dollar appreciated against the Canadian dollar.

Between June 2011 and June 2012, the U.S. dollar depreciated against the Japanese Yen.</span>

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3 years ago

When companies hire celebrities to advertise their products, they are attempting to make the demand for their product more _____

JulijaS [17]

Answer:

When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.

Explanation:

"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"

Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019

4 0

3 years ago

Chou Co. has a net income of $43,000, assets at the beginning of the year are $250,000 and assets at the end of the year are $30

Scrat [10]

Answer:

15.64%

Explanation:

Return on Assets = $\frac{Net Income}{Average Total Assets}$

= $\frac{43,000}{(250,000 + 300,000)/2} = \frac{43,000}{275,000}$

= 0.1564

= 15.64%.

7 0

3 years ago

The Investments Fund sells Class A shares with a front-end load of 5% and Class B shares with 12b-1 fees of 0.75% annually as we

elena-14-01-66 [18.8K]

Answer:

The responses to the given choices can be defined as follows:

Explanation:

Assume is the investment. Each original Class A investment is of the net-front unburden. The portfolio will be worth four years from now:

$\$1,000 \times 5\% = \$50 =\$1,000 - \$50 = \$950\\\\ \$950 (1 + 0.13)^4 = \$950 (1.13)^4 = \$950 (1.630474) = \$1,548.95\\\\$

You will place the total of $\$1,000$ on class B shares, but only $12b-1$ will be paid $(13-0.75 = 12.25)$ at a rate of $12.25\%$ and you'll pay a $1\%$ back-end load charge if you sell for a four-year period.

After 4 years, your portfolio worth would be:

$\$1,000 (1 + 0.1225)^4 = \$1,437.66 \\\\ \$1,000 (1.1225)^4 = \$1000 (1.587616) = \$ 1,587.62$

Their portfolio worth would be: after charging the backend load fee:

$\$1,587.616 \times 0.99 = \$1,571.74 \\\\ Amounts \\\\ Class A \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,548.95\\\\ Class B \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,571.74 \\\\$

When the horizon is four years, class B shares are also the best option.

Class A shares would value from a 12-year time frame:

$\$950 (1.13)^{12} = \$950 (4.334523) = \$4,117.80 \\\\$

In this case, no back-end load is required for Class B securities as the horizon is larger than 5 years.

Its value of the class B shares, therefore, is as follows:

$\$1,000 (1.1225) 12 = \$1,000 (4.001623) = \$4,001.62 \\\\Amounts \\\\\ Class A \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,117.80\\\\ Class B \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,001.62\\\\$

Class B shares aren't any longer a valid option in this, prolonged duration. Its impact on class B fees of $0.75\%\ \ 12b-1$ cumulates over a period and eventually outweighs the $5\%$ the burden of class A shareholders.