Contribution margin covers fixed cost and profit is first used to cover variable expenses.
The contribution margin refers to sales revenue minus variable expenses. So if the sales revenue doubles, it will lead to the increase in variable costs. Contribution margin shows the aggregate amount of revenue which is available after variable costs, to cover fixed expenses and provide profit to a business.
The amount of money a business has to cover its fixed costs and contribute to net profit or loss after paying variable costs is known as contribution margin. Thus, it also measures whether a product is generating enough revenue to pay for fixed costs and determines the profit generated by it.
Hence, option C is correct.
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If the amount of variability due to within group differences is equal to the amount of variability due to between group differences, your f value will be equal to?
If the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).
What is the F value?In biology, the F value is a statistic used to estimate the variation level between different groups that can be explained by collected data.
The F value is used to test (either confirm or reject) a given explanation of data, which is known as the null hypothesis.
In conclusion, if the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).
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If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be?
If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.
The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.
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_____ is defined as not having enough money to maintain an average standard of living
poverty is defined as not having enough money to maintain an average standard of living
Poverty is the state of a person who lacks customary or socially acceptable amounts of money or material possessions. Poverty is when people lack the means to meet their basic needs. In this context, identifying the needy first requires determining what constitutes a basic need. But poverty is more than just not having enough money. The World Bank Organization describes poverty as Poverty is Lack of Shelter
Poverty means more than a lack of income and productive resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion, and lack of participation in decision-making processes
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Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through?
If Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through: Sponsorship .
What is sponsorship?Sponsorship can be defined as the process of assisting a company or organization with money or cash. On the other hand sponsorship can be defined as the way in which a company sponsor another company because of the benefit they will derived from the sponsorship
The best next of action to take if Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through Sponsorship.
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Approximately what percentage of workers report in polls that their time spent working in meetings could be more productive?
75% Approximately percentage of workers report in polls that their time spent working in meetings could be more productive.
Meetings
meetings are an effective method for in-person communication, but they can often become frustrating and unnecessarily time-consuming. Most of the employees know how painful it is to get an email for a quick meeting in the middle of some important work.
But the impact goes deeper when more and more meetings have long-lasting consequences on the employees’ productivity or time and the organization's budget.
Survey reports:
According to a recent survey of 1,945 workers by organizational consulting firm Korn Ferry, 51% of professionals say spending too much time in meetings and on calls distracts them from making an impact at work to some extent. Another 16% say this is true to a great extent.
Overall, 67% of workers say excessive meetings keep them from getting their best work done.
“Too often, the answer to any work issue is ’let’s meet,″ Cathi Rittelmann, Korn Ferry senior client partner tells CNBC Make It. “While collaboration is absolutely what drives innovation and success in today’s global marketplace, it’s time to get creative with how we use our time together.
“Meetings aren’t necessarily bad,” Rittelmann adds, “but the way we prep and lead them can sometimes derail productivity.
Unproductive meetings :
About 6% of workers say they spend more than 10 hours per week attending unproductive meetings and calls, 15% say they waste between five and 10 hours each week, 34% say they wasted between two and five hours each week and 34% say they waste between one and two hours each week.
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Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will baldwin pay its employees per hour?.
Baldwin pays to its employees per hour is $29.63, if productivity goals are reached.
What is productivity goals?Productivity objectives are aimed at increasing the amount of value you create in a given amount of time, such as an hour or a month.
For a more realistic picture, write down a thorough description of your goal, including particular duties, roles, and responsibilities, as well as any challenges or issues that may arise.
Productivity is the ability to generate, particularly at a high quality and rapid pace. Being able to complete high-quality school work in a short period of time is an example of productivity. Productivity can be measured by how rapidly a toy manufacturer can produce toys.
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A [____] is a set of operational or technical requirements to be used to comply with, enact, and enforce policy statements
A standard is a set of operational or technical requirements to be used to comply with, enact, and enforce policy statements.
A policy statements is a declaration of the plans and intentions of an organization or government. The general policy statement should be a declaration of the intention of the employer to safeguard the health and safety of his employees.
A standard in policy is a mandatory action or rule designed to support and conform to a policy. Thus, a standard makes a policy more meaningful and effective.
Hence, in order to enforce policy statements, a standard is maintained.
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Un a supermarket, a vendor's restocking the shelves every monday morning is an example of?
In a supermarket, a vendor's restocking the shelves every Monday morning is an example of fixed order interval.
The situation where an inventory item has independent demand and orders are placed on a constant time period basis is referred to be an FOI system, also known as a periodic review system.
A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply. Many businesses utilize the fixed order quantity system because it reduces reorder errors, effectively manages storage space, and avoids wasteful blocking of funds that may be used elsewhere.
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If 51 percent of all goods in the consumer price index (cpi) became more expensive and 49 percent became cheaper?
If 51 percent of all goods in the Consumer Price Index (CPI) became more expensive and 49 percent became cheaper then inflation or deflation could occur.
Inflation refers to an increase in the overall price level where goods becoming expensive. By calculating changes in a measure called the Consumer Price Index (CPI), the official inflation rate is tracked. Thus, the CPI tracks changes in the cost of living over time.
The CPI is the most commonly referenced index in the U.S. The economy is experiencing deflation when the change in prices in one period is lower than the next. This reveals that the CPI index has declined.
Hence, depending upon the changes in the economy, inflation or deflation could occur.
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Fire __________ systems are devices installed and maintained to detect and respond to a fire, potential fire, or combustion danger situation.
Fire suppression systems are devices installed and maintained to detect and respond to a fire, potential fire, or combustion danger situation.
A fire suppression system is a carefully crafted network of components used to put out fires by dousing them with a chemical agent. In most cases, a fire suppression system will already have components that can detect the earliest signs of a fire, such as heat, smoke, or other emissions. These are linked to an alarm system that will sound off and trigger additional measures to put out the fire once it has been spotted. After a fire is detected and/or an alarm is activated, the majority of fire suppression systems will automatically release the application of an external substance to extinguish the fire. Some fire suppression systems, though, require the user to activate the system themselves.
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When you are discussing departmentalization items such as design, production, marketing, and accounting are referred to as ______.
When you are discussing departmentalization items such as design, production, marketing, and accounting are referred to as less management expertise. Supervisor with bad management abilities is one who micromanages everything and criticizes even smallest error. These supervisors don't value their staff employees as contributing members of team.
These actions may make those employees feel defeated and disinterested in their employment. Low engagement is caused by bad management expertise. Low involvement causes lower productivity and more employee churn. Bad managers cause higher stress, serious health problems, and even death. If decreased production and increased turnover aren't enough of a reason to quit practice, think about this.
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The first insurance company in the United States was
The first insurance company in the United States was the Philadelphia Contribution ship for the Insurance of Houses from Loss by Fire, founded in 1752 by Benjamin Franklin and his associates.
The company was established in response to the frequent and devastating fires that occurred in colonial Philadelphia. Details are as follows:
Founding: The Philadelphia Contribution ship was founded on February 13, 1752, with a mission to provide financial protection to homeowners in the event of fire-related losses.
Structure: The company operated as a mutual insurance company, meaning it was owned by its policyholders rather than external shareholders. Policyholders shared the risk collectively and contributed to a common fund to cover losses.
Fire Insurance: The primary focus of the Contributions hip was fire insurance. It offered policies to homeowners to protect their houses, buildings, and other property from fire-related risks.
Premiums and Policies: Policyholders paid premiums to the company based on the value of their insured property. In return, they received a policy that detailed the terms and conditions of their coverage.
Growth and Legacy: The Philadelphia Contribution ship played a significant role in shaping the insurance industry in the United States. It set a precedent for the establishment of other insurance companies across the country.
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The changing nature of the global economy affects the typical american worker in what way?
The changing nature of the global economy affects the typical American worker by fewer benefits.
The creation and destruction of jobs and the changing nature of work in the process of global economy have differentially affected American women and men workers, where some workers get only fewer benefits.
The employment opportunities increasingly lie in jobs requiring higher-level social or analytical skills, or both. Physical or manual skills, as much in demand as social or analytical skills some three decades ago, are fading in importance.
Hence, some analysts warn that global economy can have a negative effect on local or emerging economies and individual workers.
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When the symbolic meaning behind a brand ties individuals to the brand community, interactions between the customers and the product lead to ______________________.
When the symbolic meaning behind a brand ties individuals to the brand community, interactions between the customers and the product lead to "a sense of identity and inclusion".
What is brand communities?Brand communities are incredibly useful tools for marketing, managing innovation, and managing consumer relationships. Applying effective marketing techniques, meanwhile, also requires examining and taking advantage of the previously untapped potential of social distributed systems.
Some characteristics of brand communities are-
In order to better understand the existence, operation, and various sorts of brand engagement within social networks, this study merges these two sociological trends that have typically been studied independently.By combining two distinct research streams, the netnographic approach provides clear evidence of this existence, allowing for a better understanding of these embedded brand engagement, their quirks, and the motivational factors that influence participation. As a result, the results add to theory. Brand management can now implement strong brands with less time and money invested thanks to the benefits of social networks, but choosing the right type of brand community, encouraging consumer interaction, and monitoring this social contact are crucial steps to achieving expected brand outcomes.To know more about brand community, here
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What activity, process, or asset best allows successful planners to simultaneously move quickly and patiently?
The activity, process, or asset best allows successful planners to simultaneously move quickly and patiently is known as the planning process
What is planning process?The procedures a business takes to create budgets that will direct its future operations are called the planning process. Strategic, tactical, operating, and project plans are some examples of the documents that may have been created.
Operational Planning.The procedure of transforming your strategy plan into a thorough road map that specifies each and every step your team will take on a weekly, or perhaps even daily, basis.
Strategic Planning.A procedure by which the leaders of an organization establish their long-term vision and determine the targets for the organization.
Tactical PlanningA strategy for planning that entails dividing a long-term strategic plan into several smaller, more focused short-term plans
Contingency PlanningA contingency plan is one that is created for a scenario that is not anticipated in the main plan. It is frequently applied to the management of extraordinary risks that, while unlikely, could have disastrous effects.
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CRM systems have business goals to assist businesses in capturing new leads and move them through the sales process as well as managing and supporting relationships with current customers to maximize their lifetime company value. What other overall business goals do CRM systems help organizations achieve
The other general business goals CRM systems help organizations achieve is to reduce sales costs, control spending, increase productivity and strengthen marketing.
What is CRM?It corresponds to an acronym for Customer Relationship Management, which is the set of practices that are developed by companies to establish a relationship with potential customers, through actions, programs and investments in marketing aligned with their needs and desires.
CRM is also a way to strengthen relationship marketing, as such practices favorably change the perception of stakeholders and generate value for the brand, increasing its positioning and competitiveness in the market.
Therefore, CRM practices help a company to achieve continuous improvement through policies and practices that encourage communication, to demonstrate reliability, quality and increase consumer engagement with the brand.
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The function that serves as an intermediary between an organization shipping a product and the actual carrier is.
The function that serves as an intermediary between an organization shipping a product and the actual carrier is Customer Broker.
What is Custom brokers? Custom brokers , also known as customs house brokers, are roles that may be held by or linked to customs brokerage firms, independent companies, shipping lines, importers, exporters, independent businesses, and freight forwarders.Those who hold a license as a customs broker are not considered to be "customs officials" by the government (in other countries the two terms may be interchangeable). The tariff schedule, a list of duty rates for imported goods, CATAIR, the legal and administrative requirements controlling importations, and other trade-related issues must all be known to customs brokers.For instance, a customs broker can be required to inform an importer of the country-specific marking requirements or complete the paperwork for a consignment of clothes that is subject to quotas and visa restrictions.It is possible to prevent delays, item seizures, and fines and penalties that may be imposed against the importer and/or broker by being aware of the criteria for each type of import.To know more about Customer Broker with the given link
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A movement along the phillips curve shows that the unemployment rate and inflation rate are.
The Phillips curve relates the rate of inflation with the rate of unemployment. The Phillips curve argues that unemployment and inflation are inversely related: as levels of unemployment decrease, inflation increases. The relationship, however, is not linear.
What is the relationship between inflation and unemployment shown by the Phillips curve?
The Phillips curve states that inflation and unemployment have an inverse relationship. Higher inflation is associated with lower unemployment and vice versa. The Phillips curve was a concept used to guide macroeconomic policy in the 20th century, but was called into question by the stagflation of the 1970's.
Phillips curve :
graphic representation of the economic relationship between the rate of unemployment (or the rate of change of unemployment) and the rate of change of money wages. Named for economist A. William Phillips, it indicates that wages tend to rise faster when unemployment is low.
Inflation rates :
inflation, in economics, collective increases in the supply of money, in money incomes, or in prices. Inflation is generally thought of as an inordinate rise in the general level of prices.
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Marsh co. had beginning inventory of $10,000 and ending inventory of $13,000. cost of goods sold for the period was $65,000. days' sales in inventory is______.
Marsh co. had beginning inventory of $10,000 and ending inventory of $13,000. cost of goods sold for the period was $65,000. days' sales in inventory is 73 days.
what do you understand by closing and opening inventory?
When calculating average inventory, opening inventory—the value of goods carried over from the prior accounting period—is taken into account. It aids in calculating cost of products sold. The value of the stock at the end of the accounting period is known as closing inventory (sometimes referred to as ending inventory).
Why inventory is an asset?
A corporation invests money in inventory, which it subsequently sells to generate revenue, making it an asset. Stock that does not sell as soon as anticipated may end up becoming a liability.
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While working on a Six Sigma Project, it is important to be aware of interdependencies of processes because: Select one: a. you might need help from processes or people upstream when making improvements b. you have to know how your improvements will impact processes and people downstream. c. Both A and B d. Neither A nor B
The question on the six sigma project having a correct answer is option C. Both A and B.
The Six Sigma technique focuses on understanding clients' requirements better and eliminating defects and waste. These targets are achieved through profound knowledge of statistics, engineering, and project management, as well as the underlying techniques and systems.
It's known as Six Sigma because the term sigma refers to one standard deviation in a data set. The idea is that six such deviations should occur before the process consequences of a defect. While a technique achieves Six Sigma, it reaches a point where the best 3.4 mistakes per one million process events result in a defect.
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What is the future value of $1,000 in three years if the rate of discount is equal to 5 percent?
Future value = $1000× 1+([tex]\frac{5}{100}[/tex])³
= $1157.3
What is future value ?
Future Value = Present Value (1 + (cost of capital / 100)number of years
For example-
i.e. Future Value = $ 1000(1.10)3
i.e. Future Value = $ 1331
This means that the equivalent sum of money that we should expect in 3 years, given our cost of capital is $1331. This means that we should accept proposals where future value is more than $1331, reject proposals where future value is less than $1331 and be indifferent towards proposals where future value is equal to $1331.
From henceforth, we will refer to this by stating that the future value of $1000, at our given cost of capital, for a period of 3 years is $1331. Also, it must be noted that future values are nominal in nature.
What is present value ?
Present values are the exact opposite of future values. During future values we were compounding a present value at a given rate to reach a future value. But in present value calculations, we will discount the future values, which are nominal in nature, at the given cost of capital for the given period to reach the present value. Let’s look at it with the help of an example.
Now, we have a proposal that offers to pay us $1000, 3 years from hence. Our given cost of capital is 10%.
The formula for calculating the present values is as follows:
Present Value = Future Value / (1 + (cost of capital / 100)number of years
i.e. Present Value = $1000 / (1.10)3
i.e. Present Value = $ 751.31
Conclusion :
This means that the equivalent sum of money that we should expect today, given our cost of capital is $751.31. This means that we should accept proposals where present value is more than $751.31, reject proposals where present value is less than $751.31 and be indifferent towards proposals where future value is equal to $751.31.
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_____ includes assessing the potential value the system can create for the organization and value-loss risks
Economic feasibility includes assessing the potential value the system can create for the organization and value-loss risks. The correct answer is option(d).
The period of time when a break-even financial model of the business venture is developed based on all costs related to bringing the product from idea to market and achieving sales sufficient to satisfy debt or investment requirements is known as the economic feasibility step of business development.
The development of your projects depends on their economic viability. Thro This is the goal of an economic feasibility study (EFS). ugh forecasts, this research enables you to see the possible return on investment in real-time. You will find it simple to decide whether to move forward with the project in this way.
The goal of an economic feasibility study (EFS) is to show the overall net benefit of a proposed project for accepting or disbursing electronic cash or benefits, taking into account the costs and advantages to the agency, and other state agencies, and the general public.
The complete question is:
_____ includes assessing the potential value the system can create for the organization and value-loss risks.
A)organizational feasibility
B)technical feasibility
C)system feasibility
D)economic feasibility
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Specific results that companies try to achieve such as net sales and profits are common results called __________
Specific results that companies try to achieve such as net sales and profits are common results called Profit margin.
Because Net sales are the result of gross sales minus returns, allowances, and discounts. They are a factor in gross profit but do not include costs of goods sold. Net Profit Margin is a financial ratio used to calculate the percentage of profit a company produces from its total revenue.
Allowance is an amount of money given regularly for a specific purpose.
Financial is the study and management of money, investments, and other instruments.
Revenue is the value of all sales of goods and services recognized by a company in a period.
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A newspaper poll asked 2,150 adults in the u. s. a series of questions to find out their view on the u. s. economy. what is the population of interest?
A newspaper poll asked 2,150 adults in the U.S a series of questions to find out their view on the U.S economy. "The population of interest is all of the adults in the country at the time the poll was conducted."
What is population of interest?The portion of the general public that the researcher selects as the sample for a methodical investigation is known as the population of interest.
Some key points regarding population of interest are -
It serves as the principal focus of an investigator and offers all the information required to draw valid findings during an investigation.In market research, your demographic of interest can be, for instance, all middle-class workers between the ages of 30 and 45 or all nursing moms between the ages of 25 and 27. Once you have this down, you can design a survey,or quiz that appeals to them as the target market and potential clients.The parameter of interest, sometimes referred by the population value of interest, is a statistical variable that provides further information about the study sample or population under study. These variables, in other words, describe and define a specific research population.To know more about the population of interest, here
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A project manager must publish a project schedule. activities, start/end times and resources are identified. what should the project manager do next?
A project manager must publish a project schedule. Activities, start/end times and resources are identified then the project manager should confirm the availability of the resources.
A project schedule is that schedule which provides a general overview of the project, including its timeline, tasks of project , dependencies, and team members to whom it is assigned.
A project schedule should be able to tell everything which we need to know about the project at first glance. By outlining all the high-level details of the project, project progress could be traced in real-time and track for success can be ensured.
Different steps of setting projects schedule are given below:
Project goals are defined.
All stakeholders are identified.
Final deadline is set.
Each step or task is listed.
A team member is given responsibility for each task.
Project schedule is organized in one tool, and shared it with team.
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How much is the sales tax on $19.50 worth of goods if the tax rate is 7%? $2.79 $0.14 $1.37 $0.28
Answer:
1.37
Explanation:
=19.50x7
=$1.365
=$1.37
If the firms, chipco and dramco, represented by the payoff matrix decided to collude to reach a common strategy, which strategy would they jointly pursue?
Chipco and Dramco will jointly pursue a National strategy.
What is National strategy?National Strategies or Activity Plans are strategic plans developed by governments to steer action, and typically resource allocation, over a predetermined time period and toward the achievement of a policy objective.The art and science of building and employing a nation's diplomatic, economic, and informational powers, in conjunction with its armed forces, to secure national objectives during peace and conflict. Also known as a grand strategy or national security strategy.Strategic planning is crucial because it challenges government bureaucracy to think creatively about how the world works and what the nation is capable of doing. Strategic planning provides leaders with the opportunity to establish priorities and align varied talents to broad goals.Therefore, Chipco and Dramco will jointly pursue a National strategy.
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Which action related to benefits can best give employers an advantage in the labor market?
Teaching employees about the value of their benefits can best give employers an advantage in the labor market
The labor market or job market is a place where the supply and demand for employees collide. It helps in developing a skilled workforce that thrives in an environment of competition, advancement, and economic growth. The labor market graph is also useful for understanding its definition and learning if job markets are tight or balanced.
Employers can assess the amount and quality of the labor they need to hire by using the labor market. Additionally, it gives workers the right to request a competitive compensation package. Workforce involvement, candidate population, candidate pool, and recruited individuals are its four components.
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What is the unemployment rate if there are 170 million people employed, 25 million people unemployed, and 35 million not in the labor force?
The unemployment rate if there are 170 million people employed, 25 million people unemployed, and 35 million not in the labor force 12.8%.
What is unemployment rate?The percentage of the labor force without a job is known as the unemployment rate. It is a lagging indicator, which means that rather than foretelling changes in economic conditions, it often rises or decreases in response to them. The unemployment rate is likely to increase when the economy is struggling and there are few open positions. It is reasonable to anticipate a decline in it when the economy is expanding healthily and there are plenty of available jobs. The percentage of the labor force that is not now employed but has the potential to be is known as the unemployment rate.The unemployment rate is the number of unemployed divided by the labor force.
Given, unemployed people = 25 million.
labor force = 135 million.
Therefore, unemployment rate = 12.8%.
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Explain corporate bond interest in terms of cost of capital versus investor yields. also, explain the municipal bond interest in terms of investor yields?
A sort of financial product sold to investors is a corporate bond, which is issued by a business. The investor receives a predetermined amount of interest payments at either a fixed or variable interest rate in exchange for providing the firm with the money it requires.
The bond "reaches maturity" when it stops making payments and the initial investment is refunded.
The ability of the corporation to repay the bond often serves as its security, and this ability is based on its expectations for future revenues and profitability. Physical assets of the corporation may occasionally be utilized as collateral.
A state, municipality, or county may issue municipal bonds as a debt security to pay for capital projects like building roads, bridges, or schools. They can be compared to loans given to local governments by investors.
Municipal bonds are particularly appealing to those in higher income tax brackets because they are frequently exempt from federal taxes and the majority of state and local taxes (for residents).
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