CG
corina guzman
Answers (6)
CG
Answered
Anchoring is more closely associated with which of the following factors?
A) Stereotypes that affect your decisions
B) Bias against higher prices
C) Suggestions that affect your final decision
D) Manipulation of consumer prices
A) Stereotypes that affect your decisions
B) Bias against higher prices
C) Suggestions that affect your final decision
D) Manipulation of consumer prices
On Jul 16, 2024
C
CG
Answered
Which of the following cash flows is not considered when using the net present value method?
A) Future cash inflows.
B) Future cash outflows.
C) Past cash outflows.
D) Non-uniform cash inflows.
E) Future year-end cash flows.
A) Future cash inflows.
B) Future cash outflows.
C) Past cash outflows.
D) Non-uniform cash inflows.
E) Future year-end cash flows.
On Jul 15, 2024
C
CG
Answered
The four-factor model used to construct performance benchmarks for mutual funds uses the three Fama and French factors and one additional factor related to ________.
A) the tenure of the fund manager
B) momentum
C) fees
D) the age of the fund manager
A) the tenure of the fund manager
B) momentum
C) fees
D) the age of the fund manager
On Jun 16, 2024
B
CG
Answered
The following data pertains to Timmins Company's operations last year:
Required:
a. Compute the company's average operating assets.
b. Compute the company's residual income for the year.
Required:a. Compute the company's average operating assets.
b. Compute the company's residual income for the year.
On Jun 15, 2024
a. Return on investment = Margin × Turnover
20% = 5% × Turnover
Turnover = 20% ÷ 5% = 4
Turnover = Sales ÷ Average operating assets
4 = $800,000 ÷ Average operating assets
Average operating assets = $800,000 ÷ 4 = $200,000
b. Before the residual income can be computed, we must first compute the company's net operating income for the year:
Margin = Net operating income ÷ Sales
5% = Net operating income ÷ $800,000
Net operating income = 5% × $800,000 = $40,000
20% = 5% × Turnover
Turnover = 20% ÷ 5% = 4
Turnover = Sales ÷ Average operating assets
4 = $800,000 ÷ Average operating assets
Average operating assets = $800,000 ÷ 4 = $200,000
b. Before the residual income can be computed, we must first compute the company's net operating income for the year:
Margin = Net operating income ÷ Sales
5% = Net operating income ÷ $800,000
Net operating income = 5% × $800,000 = $40,000
CG
Answered
The regional manager for your furniture store announces a goal of increasing the company's share of wallet by 10 percent. What does the manager mean?
On May 17, 2024
The manager wants to increase sales to the store's current customers, increasing the percentage of purchases a customer makes from that store rather than competitors' stores.
CG
Answered
Purely competitive industry X has constant costs and its product is an inferior good.The industry is currently in long-run equilibrium.The economy now goes into a recession and average incomes decline.The result will be:
A) an increase in output and in the price of the product.
B) an increase in output,but not in the price,of the product.
C) a decrease in the output,but not in the price,of the product.
D) a decrease in output and in the price of the product.
A) an increase in output and in the price of the product.
B) an increase in output,but not in the price,of the product.
C) a decrease in the output,but not in the price,of the product.
D) a decrease in output and in the price of the product.
On May 16, 2024
B