Answer:
Secular bear market
Explanation:
A secular bear market is a long term trend that lasts between 5 to 25 years which consists of a smaller bull market and a larger bear market. It means that a small period of increase in prices is followed by a prolonged period of a decrease in price.
A secular bear occurred between January 1980 to June 1999 in the gold market. During this time, the price of gold fell $850/oz to $253/oz
A secular bull market is a long term trend that lasts between 5 to 25 years which consists of a small period of decline in prices is followed by a prolonged period of a rise in price.
<span>Past costs that are not affected by new decisions are known as sunk costs. Sunk costs do not need to be taken into account when making new decisions because the money associated with it was already lost and it can not be regained. This money is lost by businesses due to bad decisions, such as poor investments.</span>
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: $11420
Explanation:
The amount that Hepburn will show as an amount receivable from factor will be the estimated fair value of the interest in receivables minus the factoring fee given in the question. This will be:
= $12,000 - ($58,000 × 1%)
= $12,000 - ($58,000 × 0.01)
= $12,000 - $580
= $11,420
The correct answer would be, Ethical.
Joseph has taken a sick day, although he is not actually sick. This is an example of a decision that is legal but not Ethical.
Explanation:
Ethics are basically the moral principles that shape a person's behavior. This is something which tells us that how a person morally behaves in a situation.
In businesses, there are some code of conducts that are the rules and regulations, prescribed by the companies.
When a person violates a moral principle, it is called as the Ethical Violation. There is usually no legal action against the ethical violations, but it is not always the case. People may be charged for violating the code of conduct in organizations.
Decisions like taking a day off due to sickness when you are not actually sick is an example of decision which is legally right but ethically, it is totally wrong.
Learn more about Ethical Violations at:
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