To calculate the current yield of bonds.
We have the given par value of $1000, a market price of $750 and an interest rate of 6%.
Formula of current yield:
Yield = (interest rate * par value)/(market price) * 100%
= ((0.06 * $1000)/$750) * 100%
= ( $60/$750) * 100%
=0.08 * 100%
= 8%
The manager's fiduciary duty refers to _____. 2012books.lardbucket.org
The answer is the moral duty managers have to act as responsible agents to the owners. A person with a Fiduciary Duty is somebody in whom another person has placed the greatest trust and confidence to manage and guard property or money. The Fiduciary Relationship defines a relationship in which one individual has a duty to act for another's benefit. In other words, in a fiduciary relationship a manager's main obligation or duty is to act towards the benefit of the shareholders.
The manager's fiduciary duty refers to their obligation to act in the best interest of the shareholders or all stakeholders, depending on whether one adheres to the shareholder primacy theory or the stakeholder theory, respectively.
Explanation:The manager's fiduciary duty essentially refers to the responsibility to act in the best interests of another party, typically the shareholders of a company. This comes from the principle of shareholder primacy, which posits that managers should function solely to promote the interests of shareholders. This perspective is based on the understanding that shareholders own a portion of the company and have invested capital into it, making it only right for their interests to be prioritized.
However, this is not the only viewpoint. An alternative perspective is the stakeholder theory, which argues that a manager's duty should not be solely to the shareholders but to all stakeholders involved. A stakeholder, in this context, includes anyone who has an interest in the firm - this could range from employees, to customers, to the local community. This theory necessitates a balance in catering to the interests of all stakeholders, not just shareholders.
Regardless of the adopted viewpoint, the key element here is that managers have a fiduciary duty. They are obliged to act in the best interest of others (either shareholders or all stakeholders), and their actions should reflect this responsibility.
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Extrinsic motivation is defined as ________. the pursuit of an activity for external reward the pursuit of an activity for its own sake the pursuit of an activity to relieve the state of tension caused by deprivation the pursuit of an activity in order to increase one's competence and skills
Extrinsic motivation is defined as the pursuit of an activity for external reward, such as recognition, money, or praise, rather than for the inherent satisfaction or enjoyment of the activity itself. Therefore, option A is correct.
Extrinsic motivation is a psychological concept that refers to the drive or incentive to engage in an activity for external rewards or outcomes.
Unlike intrinsic motivation, which comes from within and is driven by personal interest or enjoyment, extrinsic motivation is derived from external factors such as tangible rewards, recognition, or social approval.
It involves seeking external validation or tangible benefits as a primary source of motivation. Extrinsic motivation can vary in its effectiveness and may have both positive and negative impacts on individuals' behavior and performance.
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During which stage in team formation is there a high dependence on the leader for guidance and direction?
The answer is: forming stage
During the forming stage of the team formation, members of the team are still familiar with one another. They do not know the capabilities of their team partners and have not fully understand the team's goals.
During this stage, they need the guidance from the leaders to teach them about what the team wish to achieve. They also need the instruction regarding the roles division between each members of the team.
In this type of control system, the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur: sales budget. standard budget. flexible budget. fixed budget. variable budget.
From this statement, it can be concluded that it is an explanation of the "fixed budget". A fixed budget itself is a budget that will not be changed or will not be adjusted to developments during the fiscal year in question. This is in accordance with the above statement because it has its own specific amount and only has a single prediction, which can allow no changes to occur in the relevant fiscal year.
Further explanationDefinition of BudgetBusiness Budget or budget is a plan prepared systematically, which includes all company activities, which are expressed in monetary units and are valid for a certain period to come.
The following are some types of budget:According to the basis of the preparation of the budget consists of a variable budget and fixed budget.In terms of preparation, the budget consists of periodic and continuous budgets.In terms of time, the budget consists of short-term (tactical budget) and long-term (strategic budget).According to their fields, the budget consists of the operational budget and financial budget.According to the ability to compile, the budget consists of a comprehensive budget and a partial budget.According to its function, the budget consists of appropriation budget and performance budget.Several types of budgets above will be discussed in the following.According to the basis of preparation, the budget consists of:
Variable budget, i.e. the budget is arranged based on a certain interval (range) of capacities (activities) and is essentially a series of budgets that can be adjusted at different levels of activity (activity).A fixed budget, that is, a budget arranged based on a certain level of capacity. A fixed budget is also called a static budget.According to the arrangement, the budget consists of:
Periodic budget is a budget prepared for a certain period, generally, the period is one year which is compiled at the end of the budget period.A continuous budget is a budget that is made to make improvements to the budget that was made, for example, every month improvement is made so that the budget made in one-year changes.Learn more
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Class: High School
Subject: Business
Keyword: Various budgets.
On a recreational boat, the location of emergency equipment (life jackets, fire extinguishers, visual distress signals, radio, etc.) should be reviewed before departure with which persons
Final answer:
Before departing on a recreational boat, it is essential to review the location of emergency equipment with all persons on board to ensure their safety. This includes life jackets, radio, first aid kit, and other items necessary for survival and communication in case of an emergency.
Explanation:
On a recreational boat, the location of emergency equipment such as life jackets, fire extinguishers, visual distress signals, radio, first aid kit, and additional safety items should be reviewed before departure with all persons who will be onboard. This is a critical safety protocol to ensure everyone is aware of the safety procedures and where the equipment is located, which can be crucial in an emergency situation.
Items like prescription and non-prescription medication, water bottles and treatment supplies, waterproof matches, and emergency blankets should be included in the safety briefing. It's also important to have a portable NOAA weather radio to stay informed of weather conditions and to ensure that flashlights are available for each person, with extra batteries securely stored. By being prepared and ensuring all individuals are knowledgeable about the equipment and emergency procedures, the safety of everyone on board can be significantly enhanced.
Monique buys a new television for $795. she receives consumer surplus of $355 from the purchase. how much does monique value her television?
Monique values her television at $440.
Explanation:In this question, Monique buys a new television for $795 and receives consumer surplus of $355. The consumer surplus represents the extra value that Monique gained from the purchase of the television. To find the value Monique places on her television, we subtract the consumer surplus ($355) from the cost of the television ($795).
Value of television = Cost of television - Consumer surplus
Value of television = $795 - $355
The value that Monique places on her television is $440.
Your grandparents have both been interested in solving puzzles playing card games, watching educational television, and reading books. how do these activities affect the primary aging process
"what developed country is projected to have the steepest decline in population between now and 2050?"
The answer is Japan. It is decreasing at a record pace. The country lost 244,000 people in 2013 as births jumped and deaths increased. It faces the vision of losing a third of its population in the next 50 years, raising uncertainties about its economic prospects and labor market.
Water can remain in the ground as groundwater for up to 10,000 years. this is called the __________.
The type of water that can remain in the ground as groundwater for up to 10,000 years is called fossil water. This type of water is usually contained in an undisturbed place usually underground. This water is usually infiltrated for millennia and often different from the present.
Companies that successfully implement customer relationship management tend to
A lucky individual won the state lottery, so the state will be sending him a check each month for the next 25 years. what type of annuity products are they likely to use to provide these benefits?
The state will likely use a fixed annuity to provide the lottery winner with a steady monthly income over the next 25 years. This type of financial product offers a guaranteed payout, similar to a defined benefits pension plan. While it provides a stable income, there can be a loss of buying power over time due to inflation.
Explanation:The state will likely use a fixed annuity product to provide the individual who won the lottery with a check each month for the next 25 years. A fixed annuity is a type of retirement income product that offers a guaranteed payout, usually a fixed amount each month, and reflects a similar financial structure to a defined benefits pension plan. The annuity is fixed as it does not change over time, and despite any potential inflation, the payout remains constant. This can be both a benefit and a drawback, as while the individual can rely on a steady income, they may also face a loss of buying power due to inflation over time.
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What is the maximum legal speed when the operator's view is obstructed or safe operation is impaired because of people or gear on board the vessel?
Suppose your grandma sends you $100 for your birthday and you deposit that $100 in your checking account. the reserve ratio is 10%. based upon this deposit, the bank's excess reserves have increased by _____, and if the bank lends these new excess reserves, the money supply could eventually grow by as much as an additional _____
What should tom notice about the cholesterol content of these foods?
Given:
Canned salmon without bones or skin: 2 oz, Calories 60, total
fat 0.5 grams, saturated fat 0 grams, trans fat 0 grams, cholesterol 20
milligrams, protein 13 grams.
Cheddar cheese: 1 oz, Calories 110, total fat 9 grams,
saturated fat 5 grams, trans fat 0 grams, cholesterol 30 milligrams, protein 7
grams.
Lite Havarti cheese: 1 oz, Calories 80, total fat 4 grams,
saturated fat 3 grams, trans fat 0 grams, cholesterol 15 milligrams, protein 8
grams.
Pepperoni: 10 slices, Calories 130, total fat 11 grams,
saturated fat 4.5 grams, trans fat 0 grams, cholesterol 30 milligrams, protein
7 gram.
Peanut butter: 2 T, Calories 200, total fat 15 grams,
saturated fat 3 grams, trans fat 0 grams, cholesterol 0 milligrams, protein 9
grams.
Egg: 1 whole, Calories 80, total fat 5 grams, saturated fat
1.5 grams, trans fat 0 grams, cholesterol 200 milligrams, protein 7 grams.
Sliced deli roast beef: 2 oz, Calories 80, total fat 2 grams,
saturated fat 0.5 grams, trans fat 0 grams, cholesterol 25 milligrams, protein
13 grams.
Tom noticed that all these foods contains high cholesterol,
such as:
Canned salmon without bones or skin cholesterol 20 milligrams
Cheddar cheese cholesterol 30 milligrams
Lite Havarti cheese cholesterol 15 milligrams
Pepperoni cholesterol 30 milligrams
Egg cholesterol 200 milligrams, and;
Sliced deli roast beef cholesterol 25 milligrams
Which of the following is not affected by alcohol? IQ Emotions or Sleep
Alcohol is a depressant that primarily affects emotions and sleep. It can cause feelings of euphoria, reduce alertness and behavioral control and significantly affect the quality of sleep. Although it might negatively impact cognitive abilities, it does not conclusively reduce a person's baseline IQ.
Explanation:Of the three options provided (IQ, Emotions, or Sleep), IQ is the factor that is least affected by alcohol. Alcohol is a depressant that primarily affects a person's emotions and sleep. The acute administration of alcohol can lead to feelings of euphoria at lower doses and to sedation at higher doses. It also reduces alertness and behavioral control, and may significantly affect the quality of sleep.
Long-term excessive alcohol use can negatively influence the brain's function and structure, potentially decreasing cognitive abilities, but it has not been conclusively proven to reduce a person's baseline IQ. Meanwhile, studies have shown that moderate sleep deprivation can impact cognitive and motor performance, mimicking the effects of alcohol intoxication.
Moreover, sleep is vital for many cognitive functions, including creative thinking, language learning, and the processing of emotional information; aspects of sleep might be disrupted by alcohol usage. Hence, while alcohol can influence many aspects of a person's mental state and cognitive function, the overall IQ is relatively resilient against the impacts of alcohol.
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Shale oil mining corporation is a us employer shale oil and other us employers must perform 1-9 verifications for
If total assets are $6,000, what is the vertical analysis for Cash when it has a balance of $2,400? A. 40% B. 60% C. 250% D. 25%
A debtor and a creditor have negotiated new terms on a note. how can you determine whether the restructuring is a troubled debt restructure?
If the present value of the restructured flows using the original interest rate is less than the book value of the debt at the date of the restructure.
Debt restructuring is a procedure that permits a private or open organization, or a sovereign substance confronting income issues and money related trouble to lessen and renegotiate its reprobate obligations to enhance or reestablish liquidity with the goal that it can proceed with its operations.
Read the sentence.
Manny wishes to sell candy bars to his classmates to earn extra money.
Which economic question identifies his consumers?
why to produce
for whom to produce
what to produce
Answer:
How to produce
The economic question identifies his consumers is for whom to produce. the appropriate response is option B.
What are economic questions?These three issues are addressed by economists:
(1) What products and services ought to be created to satisfy customer demands?
(2) How to produce ?
3) For whom to produce?
The economic system of a nation determines the answers to these queries.
For whom to produce is the economic conundrum that takes into account the consumers. To make a profit by selling the goods and services they are making, the company must ascertain or assess the goods and services they are producing, for whom they are producing, whether for consumers or other companies.
Manny wants to sell the candy bars to the classmates under the following conditions, thus they are making for the classmates (they specify who they are producing for) in order to make extra money.
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Which is a short term bond that must be paid within a year or less?
Answer:
The correct answer is "Treasury bill".
Explanation:
A Treasury bill is a short-term debt obligation of the U.S. government. The obligation is backed by the Department of the Treasury and is characterized by a maturity of one year or less. These securities are considered to be low risk and safe investments.
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Samantha’s paper fits her audience and thesis but doesn’t match the purpose. which stage of the fact strategy applies
A company that announces a manufacturer's suggested retail price and then offers a discount off that price is using ________ pricing.
An agreement to settle a debt for less than the sum claimed is referred to as?
a. ?rescission.
b. a satisfaction.
c. ?an accord.
d. ?a promisory estoppel.
Which answer below lists the two main sources of air pollution in urban areas? vehicles and industries vehicles and volcanoes agriculture and vehicles industries and agriculture?
Asking questions about the employer during an interview _____. makes you seem uninformed takes the focus off your qualifications and should be avoided is regarded as rude by some interviewers shows your interest in and knowledge of the employer
Answer:
shows your interest in and knowledge of the employer
Explanation:
In a ____, a market rarely remains the domain of one organization for long; thus, competition ensues almost immediately
What kind of hulls do most sailboats and large cruisers have?
Which is the oldest form of money still in existence today?
Final answer:
The oldest form of money still in existence today is the cowrie shell, used extensively since 700 B.C., particularly in regions like China, India, and Africa. Money has greatly evolved over the centuries to meet changing economic demands, but it has maintained its core functions in commerce and trade.
Explanation:
The oldest form of money that is still recognized in existence today is the cowrie shell. Cowries have a significant history of use that spans various cultures and continents, starting as early as 700 B.C. in China. These shells became a widely accepted medium for commerce across the broadest geographic areas including India, Africa, and even parts of Europe over the course of many centuries. Remarkably, cowrie shells maintained their value in certain parts of the world up to the early twentieth century, which is much longer than any form of metal-based or paper money that followed.
Money has evolved significantly from these ancient times. From cowrie shells to metal coins and more recently, to fiat currency and digital money like bitcoins, its form adapts to the needs of society and technology advances. Despite the many forms that money has taken, whether as cowrie shells, gold, silver, or modern fiat currency, the essential function of money has remained: to facilitate trade, act as a store of value, and serve as a unit of account.
Being a ________ is a major factor underlying repeat sales.
Holly and matt want to use the "nonworking" spouse method to determine the amount of life insurance coverage they need. if their youngest child is 5 years old, how much do they need
The best answer for this question would be:
$150,000
Because in the method of the “non-working” spouse method, they are given a calculation of (18 - youngest child's age) × $10,000 (18 being the legal age)
Resulting that the solution would be:
(18 - 3) × $10,000 = $150,000
Using the 'nonworking' spouse method, Holly and Matt need to calculate life insurance coverage based on the non-income earning spouse's life expectancy times the estimated annual child-rearing costs. With a youngest child of 5 years old, that means they need coverage for about 75 years of costs.
Explanation:The 'nonworking' spouse method to calculate life insurance coverage stipulates that a life insurance policy should equal to the non-income earning spouse's years of life expectancy multiplied by the estimated annual child-rearing costs. Given that their youngest child is 5 years old and the average life expectancy could be assumed to be about 80 years, this means Holly or Matt should prepare a coverage base for about 75 years worth of child-rearing expenses. However, this is a rough estimation and does not take into account factors such as inflation and potential change in lifestyle.
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