According to the question, If you throw out the highest and lowest data points (outliers), the mean of the remaining prices would be 63$.
Therefore the answer is Mean= 63$.
How to find?Given in the question-
Research of competitors shows prices of $45, $78, $13, $125, and $66.
Now, we take out the highest and lowest data points.
So, 125$ and 13$ are taken out.
We add the left values-
- 78+ 66+45= 189
To find the mean we divide this sum by 3-
= 189/3= 63$
Hence, the mean is 63$.
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2. A business entity is owned
Gramma.
What type of business is an example of
A sole trade
B patternship
C limited liabilities
A business entity is owned Gramma. type of business is an example of sole trade.
What kind of enterprise is its own entity?A corporation, sometimes known as a C Corp, is a business with its own legal identity and owners. Corporations are subject to taxation, are liable in court, and can turn a profit. Although corporations provide the strongest protection against personal responsibility for their owners, forming one is more expensive than creating other types of arrangements.
Do you have a sole proprietorship?A company that is owned and run by one individual is known as a sole proprietorship (individual). This is the most basic type of corporate structure. A sole proprietorship is not a legitimate business. The proprietor is the owner of the business; the business has no existence apart from the proprietor.
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Briefly discuss the power of Occupational Safety and Health Administration (OSHA) with respect to citations and penalties.
Answer:
The Occupational Safety and Health Administration (OSHA) is responsible for enforcing health and safety regulations in the workplace. OSHA has the power to issue citations and penalties to employers who violate health and safety regulations.
If OSHA finds that an employer has violated a regulation, it can issue a citation. A citation outlines the specific regulation that was violated, and the proposed penalty. Employers have the opportunity to contest the citation and penalty, and can request an informal conference with an OSHA representative to discuss the issue.
OSHA can also issue penalties for violations. The penalty amount varies depending on the severity of the violation. Willful violations, which are the most serious, can result in penalties of up to $136,532 per violation, while serious violations can result in penalties of up to $13,653 per violation.
The power of OSHA to issue citations and penalties is an important tool for promoting workplace safety. The threat of citations and penalties can encourage employers to take safety seriously and to take steps to prevent workplace accidents and injuries.
Explanation:
Passage of the Affordable Care Act incorporated which of the following health insurance market reforms?
Answer:
The ACA establishes federal requirements that apply to private health insurance. The reforms affect insurance offered to groups and individuals; impose requirements on sponsors of coverage; and, collectively, establish a federal floor with respect to access to coverage, premiums, benefits, cost sharing, and consumer protections. Although such market reforms may be new at the federal level, many of the ACA’s reforms had already been enacted in some form in several states, withgreat variation in...
What is the FOCI Mitigation: Proxy Agreement
A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.
What happens under Proxy agreementUnder a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.
This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.
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Congress passing a law that gives people stimulus
checks to get the country out of a recession would
be an example of?
Answer:
Explanation:
Congress passing a law that gives people stimulus checks to get the country out of a recession would be an example of fiscal policy. Fiscal policy refers to the use of government spending and taxation to influence the economy. In this case, the government is using fiscal policy to stimulate the economy by providing direct financial assistance to individuals, which is intended to increase consumer spending and boost economic activity. The purpose of fiscal policy is to stabilize the economy and promote economic growth, and in this case, stimulus checks are being used as a tool to achieve those goals.
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Calculate the Marginal cost and Marginal benefit to cleaning up the waste!
Marginal Cost: 50, 100, 350, 700 (in thousands of dollars)
Marginal Benefit: 800, 500, 350, 250 (in thousands of dollars)
How to explain the marginal benefitsThe marginal cost of cleaning up from 16 million gallons to 12 million gallons is 50 - 0 = 50 thousand dollars.
The marginal cost of cleaning up from 12 million gallons to 8 million gallons is 150 - 50 = 100 thousand dollars.
The marginal cost of cleaning up from 8 million gallons to 4 million gallons is 500 - 150 = 350 thousand dollars.
The marginal cost of cleaning up from 4 million gallons to 0 gallons is 1200 - 500 = 700 thousand dollars.
The marginal benefit of cleaning up from 16 million gallons to 12 million gallons is 800 - 0 = 800 thousand dollars.
The marginal benefit of cleaning up from 12 million gallons to 8 million gallons is 1300 - 800 = 500 thousand dollars.
The marginal benefit of cleaning up from 8 million gallons to 4 million gallons is 1650 - 1300 = 350 thousand dollars.
The marginal benefit of cleaning up from 4 million gallons to 0 gallons is 1900 - 1650 = 250 thousand dollars.
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Consider two different potential projects at a company where you have worked, and do the following:
Discuss the benefits and costs that you would consider in deciding which is better for the company
Reflect on how information technology would affect this decision
Benefits, costs, and IT impact should be considered when deciding between two potential projects at a company.
The decision to choose between two potential projects should consider their benefits and costs, as well as the impact of information technology. Factors such as return on investment, time frame, risk, and strategic alignment should be evaluated. Additionally, information technology can affect the decision through factors such as project management, data analysis, and communication. IT can improve project success rates and reduce costs through the use of automation, analytics, and collaboration tools. Ultimately, a thorough analysis of the projects and their potential impact on the organization should be conducted to make an informed decision.
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Pension funds pay lifetime annuities to recipients. If a firm remains in business indefinitely, the pension obligation will resemble a perpetuity. Suppose, therefore, that you are managing a pension fund with obligations to make perpetual payments of $3.0 million per year to beneficiaries. The yield to maturity on all bonds is 20%.
Required:
a. If the duration of 5-year maturity bonds with coupon rates of 12% (paid annually) is 3.9 years and the duration of 20-year maturity bonds with coupon rates of 6% (paid annually) is 6.7 years, how much of each of these coupon bonds (in market value) will you want to hold to both fully fund and immunize your obligation? (Do not round intermediate calculations. Enter your answers in millions rounded to 5 decimal places.)
b. What will be the par value of your holdings in the 20-year coupon bond? (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
We need to hold $12.82051 million in 5-year maturity bonds and $25.64103 million in 20-year maturity bonds to fully fund and immunize the obligation. the par value of our holdings in the 20-year coupon bond is $231,719.
To fully fund and immunize the obligation, we need to find the market value of each bond that would generate a cash flow of $3.0 million per year. Let x be the market value (in millions) of 5-year maturity bonds and y be the market value (in millions) of 20-year maturity bonds. Then we have:
0.12x + 0.06y = 3.0 (annual coupon payments)
3.9x/100 + 6.7y/100 = 0 (duration matching)
Solving these equations simultaneously, we get:
x = 12.82051
y = 25.64103
The par value of our holdings in the 20-year coupon bond can be calculated as follows:
Par value = Market value / (1 + YTM)^n
where YTM is the yield to maturity (20%) and n is the number of years to maturity (20). Substituting the values, we get:
Par value = 25.64103 / (1 + 0.20)^20
= $231,719.25
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Imagine that you wanted to specialize in working with senior citizens. What special needs might this group have? What kind of skills would you acquire if you specialized in this demographic? What kind of location would work well for this population?
The needs of senior citizens would require the ability of those who can handle geriatrics.
Why is this so?There are special health conditions that come with those who are geriatrics or senior citizens.
This is because, as people age, the body no longer can repair it'self like before and becomes more frail, hence the need for more care.
So working with this kind of population will require skills such as:
Emergency resuscitationSpecial Nutrition etc.Learn more about senior citizens at:
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How would you approach this using the excel functions of pv and pmt?
Here's the question:
You want to accumulate $1 million by your retirement date, which is 25 years from now. you will make 25 deposits in your bank, with the first occurring today. The bank pays 8% interest, compounded annually. You expect to receive annual raises at 3%, which will offset inflation, and you will let the amount you deposit each year also grow by 3% (i.e, your second deposit will be 3% greater than your first, the third will be 3% greater than the second, etc.) How much must your first deposit be if you are to meet your goal.
To approach this using Excel functions, we can use the PV (present value) and PMT (payment) functions to calculate the amount of the first deposit. Here are the steps:
1. Calculate the future value of the $1 million using the FV (future value) function:
=FV(8%, 25, 0, -1000000)
This returns a value of $4,660,962.91, which is the amount that will accumulate in 25 years at 8% interest.
2. Calculate the present value of the future amount using the PV function:
=PV(8%-3%, 25, -1*FV(8%, 25, 0, -1000000), 0, 1)
This returns a value of $1,257,407.11, which is the amount that needs to be deposited today to accumulate to $4,660,962.91 in 25 years at 8% interest with 3% annual raises.
3. Calculate the payment amount using the PMT function:
=PMT(8%, 25, -1*PV(8%-3%, 25, 0, 1257407.11, 1), 0, 1)*(1+3%)
This returns a value of $68,527.78, which is the amount of the first deposit.
So, the first deposit should be $68,527.78 to accumulate $1 million in 25 years with 8% interest, 3% annual raises, and 3% increase in deposit each year.
?
When does personal information offen need to be entered online?
O when conducting an Internet search
when watching streaming videos
O when downicading free software
O when gaining access to a website
Answer:
when gaining access to a website
what you’ve learned in this class regarding international business? Did your views or perceptions of international business change after taking this course? Why or why not? Please explain.
Many people view international business as a way to create economic growth and job opportunities.
How is international business perceived ?Engaging in international business provides a unique opportunity for cultural exchange and understanding between nations. Through conducting commerce with other countries, people and companies acquire an alternate perspective on diverse customs, different ways of working and varying habits which can result in enhanced respect and admiration for diversity.
However, there are apprehensions towards the ethical concerns in such an undertaking, largely due to issues pertaining to labor practices, human rights as well as environmental impact. To some, involving oneself in global commerce is viewed merely as utilizing workers or exploiting resources outside their own country to increase monetary gain.
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one of the following is not a personal characteristics of successful leader
Self-assurance is not one of the character attributes of a successful leader.
We feel better equipped for life's experiences when we are Self-assurance Confident people are more likely to seize opportunities and advance with others than they are to back away from them.
Confidence motivates us to try something again if the first time doesn't work out. The opposite happens when confidence attributes is low. Anybody can gain confidence over time. Even while it won't always be easy, those with a growth mentality are more likely to succeed in developing the confidence they desire in the areas they want it.
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In two to three sentences, answer the following:
1. What is the most important information you need to receive a stock quote?
2. What information you can obtain from a stock quote?
The price of a stock as it is quoted on an exchange is known as a stock quote. A fundamental quote for a particular stock gives details such as the bid and ask prices, last traded price, and volume traded.
The price of a stock or equity investment that is quoted on an exchange is essentially what a stock quote is. The stock quote offers crucial data that brokers and traders can use. It contains details about the bid price and asks price, the most recent traded price, and the daily volume of trading.
A stock chart or table is a collection of data about a certain firm's stock that typically displays information on price fluctuations, the current market price, previous highs and lows, dividends, trading volume, and other business financial data.
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New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.
New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and a limited use of product sampling.
Why is this so?New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.
A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.
A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.
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An investor purchased 50 shares of
stock in a company for $3,000. One
year later, the investor sold all 50
shares for $3,200. What is the
investor's rate of return?
A. 6.7%
C. -6.7%
B. 6.3%
D. -6.3%
Based on the given information, investor's rate of return is 6.7%. Thus the correct option is A.
The difference between the selling and purchasing prices is the total gain or loss of the investor.
Purchase price = 50 shares x $60 per share = 3000
Selling price = 50 shares x $64 per share = $3200
Total loss = $3200-$3000=$200
Rate of return = (total gain or loss / original investment) x 100%
Rate of return = ($200 / $3000) x 100%
Rate of return = 6.66
Since, the investor's rate of return is 6.66 which can be written as 6.7% in positive manner. Therefore, option A is appropriate.
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Vertical analysis Sharma Company reported the following operating results for two consecutive years. Year 3 Amount Percentage of Sales Sales Cost of goods sold $ 800,000 450,000 Gross margin on sales Operating expenses 350,000 100,000 Income before taxes Income taxes 250,000 50,000 Net Income $ 200,000 Year 4 Amount Percentage of Sales Sales Cost of goods sold $1,000,000 590,000 Gross margin on sales Operating expenses 410,000 120,000 Income before taxes Income taxes 290,000 60,000 Net income $ 230,000 You are required to: Express each income statement component for each of the two years as a percentage of sales. Round percentages to one decimal point.
Cost of goods sold percentage for year 3 is 56.3% and for year 4 is 59%. Gross margin percentage for year 3 is 43.8% and for year 4 is 41%. Operating expenses percentage for year 3 is 31.3% and for year 4 is 29%. Income tax percentage for year 3 is 6.3% and for year 4 is 6%. Net income percentage for year 3 is 25% and for year 4 is 23%.
To express each income statement component for each of the two years as a percentage of sales, we need to divide each component by sales and multiply by 100 to get the percentage.
Year 3
Cost of goods sold percentage = (Cost of goods sold / Sales) x 100 = (450,000 / 800,000) x 100 = 56.3%
Gross margin percentage = (Gross margin on sales / Sales) x 100 = (350,000 / 800,000) x 100 = 43.8%
Operating expenses percentage = (Operating expenses / Sales) x 100 = (100,000 / 800,000) x 100 = 12.5%
Income before taxes percentage = (Income before taxes / Sales) x 100 = (250,000 / 800,000) x 100 = 31.3%
Income taxes percentage = (Income taxes / Sales) x 100 = (50,000 / 800,000) x 100 = 6.3%
Net income percentage = (Net income / Sales) x 100 = (200,000 / 800,000) x 100 = 25%
Year 4
Cost of goods sold percentage = (Cost of goods sold / Sales) x 100 = (590,000 / 1,000,000) x 100 = 59%
Gross margin percentage = (Gross margin on sales / Sales) x 100 = (410,000 / 1,000,000) x 100 = 41%
Operating expenses percentage = (Operating expenses / Sales) x 100 = (120,000 / 1,000,000) x 100 = 12%
Income before taxes percentage = (Income before taxes / Sales) x 100 = (290,000 / 1,000,000) x 100 = 29%
Income taxes percentage = (Income taxes / Sales) x 100 = (60,000 / 1,000,000) x 100 = 6%
Net income percentage = (Net income / Sales) x 100 = (230,000 / 1,000,000) x 100 = 23%
Therefore, the income statement components as a percentage of sales for Year 3 and Year 4 are as shown above.
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Value of Kenyan Shilling falls against US dollar as demand for imports rises sharply in Kenya. --Information above to show a depreciation in the value of the Kenyan shilling (Ksh) against the US dollar (USD) on the global foreign exchange market from 100 Ksh = 1 USD to 100 Ksh = 0.8 USD.
Question: Explain why an increase in demand for imports will have this effect, other things unchanged.
When the demand for imports increases, Kenyans need to buy more foreign currencies to pay for those imports, which puts downward pressure on the value of the Ksh relative to the USD.
Why an increase in demand for imports will have this effect, other things unchanged.When there is an increase in demand for imports, Kenyan consumers need to purchase more goods and services from other countries, which requires them to exchange their Ksh for the currency of the exporting countries, such as the USD.
This increased demand for foreign currencies increases the supply of Ksh on the foreign exchange market, while decreasing the supply of foreign currencies, such as USD. As a result, the price of Ksh falls relative to the USD, leading to a depreciation in the exchange rate between the two currencies.
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