The development of a(n) _______ market changes the way goods and services are traded within the market by establishing a similar external tariff, no internal tariff, and coordinated laws to facilitate exchange among memebers.

One reason Toyota does NOT make licensing agreements is that its management and process capabilities have been developed over many years and are a part of the organization. In other words, Toyota's core competencies cannot be licensed.

Core competencies are unique strengths and capabilities that are central to a company's business and provide a competitive advantage. These competencies are often difficult for other companies to replicate, as they are the result of a complex combination of factors, including organizational culture, management practices, and accumulated knowledge and experience.

In the case of Toyota, its management and process capabilities are a critical part of its success and have been developed over many years through a combination of experience, trial and error, and continuous improvement. These capabilities are deeply ingrained in the company's culture and are a key factor in its ability to consistently deliver high-quality products and services.

Given the importance of these capabilities to Toyota's success, the company is unlikely to license them to other companies. Doing so would not only risk diluting the company's competitive advantage but could also compromise the quality and consistency of its products and services. Therefore, Toyota focuses on developing and leveraging its core competencies internally, rather than licensing them to others.

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The expected return of your portfolio is 16.46%.

To calculate the expected return of the portfolio, we need to multiply the percentage of each investment by its expected return and then sum up the results.

So, the expected return from the first investment (21% of $70,000) is:

0.21 x $70,000 x 0.13 = $1,491

The expected return from the second investment ($34,000) is:

$34,000 x 0.17 = $5,780

The expected return from the third investment (the rest of the money, which is $70,000 - $23,660 - $34,000 = $12,340) is:

$12,340 x 0.18 = $2,221.20

Adding up these expected returns gives us:

$1,491 + $5,780 + $2,221.20 = $9,492.20

Therefore, the expected return of the portfolio is $9,492.20.
Hi, I'd be happy to help you calculate the expected return of your portfolio. Here are the steps to calculate it:

1. Calculate the amount of money invested in the first stock: 21% of $70,000 is $14,700.

2. Calculate the amount of money invested in the third stock: $70,000 - $14,700 - $34,000 = $21,300.

3. Calculate the weighted returns for each stock:
- First stock: ($14,700/$70,000) * 13% = 0.21 * 13% = 2.73%
- Second stock: ($34,000/$70,000) * 17% = 0.486 * 17% = 8.26%
- Third stock: ($21,300/$70,000) * 18% = 0.304 * 18% = 5.47%

4. Calculate the expected return of your portfolio by adding the weighted returns:
2.73% + 8.26% + 5.47% = 16.46%

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The resistance R₂ that produces maximum power in a direct-current circuit with two resistors connected in parallel is equal to the value of R₁ when V and R₁ are held constant.

To find the resistance R₂ that produces maximum power in a direct-current circuit with two resistors R₁ and R₂ connected in parallel, we will use the formula P = V² * R₂ / (R₁ + R₂)², where P is the power in watts and V is the voltage.

Step 1: Differentiate the power formula with respect to R₂.
To find the maximum power, we need to find the value of R₂ when the derivative of the power formula with respect to R₂ is equal to zero.

Step 2: Set the derivative equal to zero and solve for R₂.
After differentiating and setting the derivative equal to zero, you will find that the value of R₂ that produces the maximum power is R₂ = R₁.

So, the resistance R₂ that produces maximum power in a direct-current circuit with two resistors connected in parallel is equal to the value of R₁ when V and R₁ are held constant.

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True. The purchase price, transportation costs, installation costs, and training costs are examples of typical cash outflows related to an initial investment.

These expenses represent the various costs incurred when acquiring and implementing a new asset or project.

Purchase Price: The amount paid to acquire the asset or to initiate the project is the purchase price. This price may include the cost of the physical asset, the cost of land or buildings, or the cost of research and development.

Transportation Costs: If the asset needs to be transported from one location to another, such as when importing goods from overseas, transportation costs may apply. These costs include freight charges, customs fees, and insurance.

Installation Costs: Depending on the type of asset, installation costs may also need to be taken into account. For example, if you are installing new machinery in a factory, you may need to hire specialized personnel to assemble and install the equipment.

Training Costs: If the new asset requires specialized training for employees to operate it, training costs may be necessary. These costs may include the cost of hiring a trainer, the cost of training materials, and the cost of lost productivity while employees are in training.

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The New Atheists, a group of thinkers and authors promoting secularism and critical thinking, explained the origin and spread of religious ideas in early human societies as a natural byproduct of cognitive and social processes.

They identified two phenomena as most important: pattern-seeking behavior (or agency detection) and group cohesion. Pattern-seeking behavior refers to the human tendency to find meaning and purpose in events or objects, leading to the attribution of supernatural agency. This helped early humans make sense of the world and cope with uncertainty, leading to the development of religious beliefs.

Group cohesion is the second phenomenon, where religious practices and rituals helped create a shared identity and foster cooperation among group members. This contributed to the survival and success of these early human societies, which in turn facilitated the spread of religious ideas.

In summary, the New Atheists believe that religious ideas originated and spread in early human societies due to our inherent pattern-seeking behavior and the need for group cohesion.

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The New Atheists, such as Richard Dawkins and Sam Harris, argued that religious ideas were not divinely inspired, but rather were a product of human evolution and cultural evolution.

The New Atheists saw two phenomena as most important in the origin and spread of religious ideas: the human tendency to detect agency (i.e. to see patterns and intentionality where there may be none) and the need for social cohesion and group identity. According to the New Atheists, early human societies developed religious beliefs and practices as a way to explain natural phenomena and to create a sense of community and shared values.

These beliefs and practices were then passed down through generations and adapted to changing cultural and social contexts. The New Atheists argued that understanding the evolutionary origins of religious ideas can help us to move beyond religious conflicts and find more rational and evidence-based approaches to understanding the world.

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The correct answer to this question is A. The term "error chain" is often used to describe a series of judgemental errors made by individuals that can lead to a human factors-related accident.

This term is often used in the field of aviation, where errors in judgment can have serious consequences. The error chain is a concept that highlights the importance of identifying and correcting errors early on in the decision-making process, before they can snowball into a larger problem. It is important to recognize that errors are a normal part of human behavior and that they can be mitigated through effective training, communication, and teamwork. By identifying the steps in the error chain and taking steps to break the chain, individuals can reduce the likelihood of a human factors-related accident occurring. It is important to note that the error chain is just one of many models used to understand the factors that contribute to human error. Other models, such as the DECIDE model, focus on decision-making processes and may be more appropriate in certain contexts.

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The potentially permanent committee that exists to coordinate policies between the two Congressional chambers is known as a: joint committee. The correct answer is B

Joint committees are composed of members from both the House of Representatives and the Senate. They serve to address specific issues that require coordination between the two chambers.

These committees are usually permanent in nature, although temporary joint committees can also be formed to tackle specific tasks. Some examples of joint committees include the Joint Economic Committee and the Joint Committee on Taxation.

It is important to note the distinctions between other types of committees:

a) Standing committees are permanent committees in each chamber that focus on specific policy areas, such as agriculture or education.

c) Conference committees are temporary committees formed to reconcile differences in legislation passed by the House and Senate. They typically dissolve once an agreement is reached.

d) Select or special committees are temporary committees created to investigate a specific issue, such as a natural disaster or a scandal.

In summary, the committee responsible for coordinating policies between the two Congressional chambers is a joint committee.

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Complete question:

This potentially permanent committee exists to coordinate policies between the two Congressional chambers:

a) standing

b) joint

c) conference

d) select

The minimum transfer price for the special paper would be $58 ($91 selling price - $39 additional variable cost). It is important for companies to consider both their costs and potential lost sales when determining transfer prices.

In situation (a), where the Personal Communications Division is offering to pay $107 per paper, the minimum transfer price is less than the offered price. Therefore, the CD Division should reject the offer as it would result in a loss of profit for them.

In situation (b), the Personal Communications Division is offering to pay $150 per paper, which is higher than the minimum transfer price. However, the CD Division has no available units to sell without forgoing sales to existing customers. Therefore, they may consider accepting the offer only if they can produce additional units without negatively impacting their current sales.

Accepting prices lower than the minimum transfer price may result in a loss of profit, while accepting prices higher than the minimum transfer price may negatively impact existing customers.

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The allocated cost of the land in the accounting records should be recorded as $36,250.

A company purchased property for $100,000, which included a building, a parking lot, and land.

To determine the allocated cost of the land in the accounting records, you need to follow these steps:

Step 1. Calculate the total appraised value of the property components:

$61,500 (building) + $45,400 (land) + $18,300 (parking lot)

= $125,200

Step 2. Calculate the allocation percentage for the land:

$45,400 (land) / $125,200 (total appraised value)

= 0.3625 or 36.25%

Step 3. Calculate the allocated cost for the land:

$100,000 (purchase price) x 0.3625 (allocation percentage)

= $36,250

Therefore, the allocated cost of the land in the accounting records should be recorded as (a) $36,250.

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To retrieve the mfr id, product id, company, and price of products bought by customers with customer numbers 2111, 2112, 2105, and 2119, where the order amount is greater than $3000 and duplicate rows are not allowed, the following SQL query can be used:

SELECT DISTINCT products.mfr_id, products.product_id, companies.company, orders.price
FROM orders
JOIN customers ON orders.customer_id = customers.customer_id
JOIN products ON orders.product_id = products.product_id
JOIN companies ON products.company_id = companies.company_id
WHERE customers.customer_id IN (2111, 2112, 2105, 2119) AND orders.amount > 3000
ORDER BY companies.company ASC;

This query joins the orders, customers, products, and companies tables together, selecting only the columns that are needed. The WHERE clause filters the results to only include orders from the specified customers with order amounts greater than $3000, and the DISTINCT keyword ensures that only unique rows are returned. Finally, the ORDER BY clause orders the results by company name in ascending order.

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We need to look at the orders table and join it with the products table to retrieve the mfr id, product id, company, and price of the products bought by customers.

We will filter the results based on the customer number and order amount criteria, and then order them by ascending company.

Here's the SQL query that will give us the desired result:

SELECT DISTINCT p.mfr_id, p.product_id, p.company, p.price
FROM orders o
JOIN products p ON o.product_id = p.product_id
WHERE o.customer_number IN (2111,2112,2105,2119) AND o.amount > 3000
ORDER BY p.company ASC;

This query will return a list of all the products bought by customers with customer numbers 2111, 2112, 2105, or 2119 where the order amount was greater than $3000. The results will be ordered by ascending company, and duplicate rows will be removed using the DISTINCT keyword.

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The gas known as carbon dioxide is composed of one component carbon and two parts oxygen rainwater One of the most important uses of it is by plants to produce carbohydrates during the process known as photosynthesis.

1. Fill crucible with prepared soil. Weigh soil and crucible and record weight. Reproduction is the process of producing children.

2. Place crucible with soil in oven and allow to dry for 4 hours.A sexually reproducing creature combines the genetic makeup of both parents to produce.

3. genetically unique individual. In asexual reproduction, one parent replicates itself to produce a genetically identical offspring. Light work is therefore the food that plants consume to obtain energy for their own development and reproduction.

4. A soil's bulk density is determined by dividing its dry weight by its overall volume. The dry bulk density is another name for it. Dry bulk density is calculated as follows:

5. Dry soil weight (in grammes) plus soil volume (in centimetres) equals bulk density. Given: soil volume equals 100 cm, dry soil weight equals 130 g.

6. Consequently, bulk density is calculated as follows: dry weight of the soil (g) + volume of the soil (cm) = 130 g + 100 cm = 1.3 g/cm2.

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Environmental activists are the individuals who apply pressure by publicly naming companies that pollute the air and water.

These dedicated individuals work tirelessly to raise awareness about environmental issues, advocate for policy changes, and demand corporate responsibility. By exposing the harmful practices of these companies, environmental activists encourage public scrutiny and push for a more sustainable future.
These activists utilize various methods to publicize their findings, such as social media campaigns, press conferences, and investigative journalism. By doing so, they aim to inform the public about the detrimental effects of pollution on both human health and the environment. This information empowers citizens to make informed choices and hold corporations accountable for their actions.
In some cases, environmental activists collaborate with non-governmental organizations (NGOs), legal experts, and scientists to gather evidence of corporate wrongdoing. This collaboration strengthens their case and lends credibility to their claims. As a result, companies are often compelled to take corrective measures and adopt more environmentally-friendly practices.
To maintain their integrity and ensure their work remains unbiased, these activists often rely on community support, crowd-sourced funding, and donations. This allows them to continue their efforts to protect the environment and promote sustainable practices.
In summary, environmental activists play a crucial role in the fight against pollution by publicly naming and shaming companies that harm our air and water. Their dedication and persistence can lead to positive change, ensuring a cleaner and healthier planet for all.

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The correct order for the product life cycle is introduction, growth, maturity, and decline.

Introduction is the initial stage where the product is launched into the market, and sales are slow as consumers are not yet familiar with the product. In the growth stage, sales begin to rise as the product gains acceptance and popularity among consumers.

Maturity is the stage where sales peak, and the product reaches its maximum potential in the market. In the decline stage, sales begin to decline due to various reasons such as increased competition or changes in consumer preferences.

It is essential for companies to understand the product life cycle to make informed decisions about marketing, pricing, and product development to maximize profits and extend the product's life cycle.

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In order for a contingent liability to be recorded as a journal entry in the financial statements, it must be probable and reasonably estimable.

According to accounting standards, contingent liabilities are obligations that a company could have to pay if a future event, such as the outcome of a lawsuit now underway, turns out to be unclear. A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits.

The term "contingent" is used in this Standard to describe liabilities and assets that are not recognized because the occurrence or non-occurrence of one or more uncertain future events that are not entirely under the control of the company will be the sole way to determine their existence.

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In order for a contingent liability to be recorded as a journal entry in the financial statements, it must be probable and reasonably estimable.

A contingent liability is defined as a liability which may arise depending on the outcome of a specific event. It is a possible obligation which may or may not arise depending on how a future event unfolds. A contingent liability is recorded when it can be estimated, else it should be disclosed.

A contingent liability is a liability or a potential loss that may occur in the future depending on the outcome of a specific event. Potential lawsuits, product warranties, and pending investigation are some examples of contingent liability.

If the amount can be estimated, the company sets aside that amount separately to be paid out when the liability arises. Contingent liability as a term does not apply only to companies, but to individuals as well.

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The correct answer is c) substitutes, and have a cross-price elasticity of 1.67.

From the information given, we can see that as the price of good Y increased, the quantity demanded decreased, resulting in a decrease in total revenue. This suggests that good Y has a price elasticity of demand greater than 1 (i.e. it is elastic).

At the same time, we see that as the price of good Y increased, the quantity demanded of good X increased. This suggests that good X and good Y are substitutes, as an increase in the price of one led to an increase in demand for the other.

We can calculate the cross-price elasticity of demand between goods X and Y as follows:

% change in quantity demanded of good X / % change in price of good Y

The % change in quantity demanded of good X is (40 - 20) / 20 = 100%.

The % change in price of good Y is ($120 - $100) / $100 = 20%.

Therefore, the cross-price elasticity of demand between goods X and Y is 100% / 20% = 5.

Since the cross-price elasticity of demand is positive and greater than 1, we can conclude that goods X and Y are substitutes, and have a cross-price elasticity of 1.67 (the reciprocal of 0.6, which is the absolute value of the price elasticity of demand for good Y).

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You will gain profit $60,000. You're purchased one futures contract on corn (each futures contract is for 5,000 bushels) at a futures price of $440 per bushel, and at the time of expiration, the price was $452.

To calculate your profit or loss, follow these steps:

1. Determine the difference between the purchase price and the expiration price: $452 - $440 = $12 per bushel.
2. Multiply the difference by the number of bushels in the contract : $12 x 5,000 bushels = $60,000.
3. Since the expiration price is higher than the purchase price, you have made a profit.

Your answer: You gain $60,000.

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The restrictions that some governments impose on how products must be sold in their countries are known as trade barriers.

These can take many forms, including tariffs, quotas, and technical regulations that dictate the standards a product must meet before it can be sold in the country. Such regulations can be a significant obstacle to international trade, making it harder for companies to export their products and stifling competition.

Trade experts often argue that governments should work to reduce or eliminate these barriers in order to promote economic growth and create new opportunities for businesses and consumers around the world.

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True. In a commensal relationship, one organism (the commensal) benefits from the presence of another organism (the cohabitant) but the cohabitant is neither harmed nor benefited.

Commensal relationship is common in nature and can be observed in many different species. For example, birds may nest in trees without harming the tree, or barnacles may attach themselves to the shells of turtles without harming the turtle. In both cases, the commensal benefits from the relationship, while the cohabitant is not affected one way or the other. Commensalism is often contrasted with other types of symbiotic relationships, such as mutualism (where both organisms benefit) and parasitism (where one organism benefits at the expense of the other). Overall, commensalism is an important aspect of ecological interactions and helps to shape the structure and function of many different ecosystems.

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The starting salary of the successful candidate will be based on a combination of their qualifications and experience, and may be subject to negotiation or change based on job performance and other factors.

The starting salary of the successful candidate will be determined based on their qualifications and experience. This is a common practice in most industries, where employers take into account the skills, education, and work experience of potential employees to determine their starting salary.

Qualifications may include degrees, certifications, or specialized training that the candidate has completed. For example, if the position requires a master's degree or a certain certification, the candidate who meets these requirements may be offered a higher starting salary. Experience, on the other hand, refers to the number of years the candidate has worked in a relevant field. Candidates with more experience may be offered a higher starting salary, as they may bring valuable skills and knowledge to the organization.

It is important to note that starting salaries are not set in stone and can be negotiated. Candidates who feel that their qualifications and experience merit a higher salary than what is initially offered can negotiate for a better package. In addition, salary increases may be offered based on job performance, promotions, or other factors.

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When it comes to promotional messages developed for mobile devices need to be short and straightforward. Option E. it is crucial to keep in mind that mobile users have a shorter attention span and a higher expectation for immediate gratification.

Therefore, these messages need to be short and straightforward, immediately generating desire and having a strong call to action. It is not necessary to have significant levels of detail since mobile users are often on-the-go and need to receive information quickly.

Instead, promotional messages for mobile devices should aim to build a story one link at a time. Each link should lead the user to the next step in the story and encourage them to take action. It is important to remember that the ultimate goal of these messages is to drive conversions, so the call to action needs to be clear and compelling.

Overall, successful promotional messages for mobile devices require a balance between building a story and generating immediate desire, while also being concise and straightforward. By following these guidelines, businesses can effectively reach and engage their target audience on mobile devices.

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When considering a performance appraisal method, supervisors must keep in mind that the choice may be dictated, or at least limited, by a variety of factors.

These factors may include the nature of the work being performed, the size and structure of the organization, the available resources for conducting the appraisal, and the goals and objectives of the organization.

Additionally, legal and ethical considerations must also be taken into account, as certain appraisal methods may be more appropriate or permissible than others. Ultimately, supervisors must carefully weigh all of these factors in order to choose an appraisal method that is fair, accurate, and effective in measuring employee performance.

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Answer : option A (0)

To answer your question, the VAT on the transaction between the parent company and its subsidiary, VBN Corp., where the parent company holds 80% of the outstanding shares, is 0.

Explanation:
Value Added Tax (VAT) is usually applied to the sale of goods and services. In this scenario, the transaction involves a loan granted by the parent company to its subsidiary, not the sale of goods or services. Therefore, no VAT is applicable to this transaction.

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The federal funds market is the inter-bank market where excess reserves from one bank can be loaned to another bank. The correct option is (C).

This market helps banks to manage their short-term liquidity needs and to maintain compliance with the Federal Reserve's reserve requirements. The interest rate in the federal funds market is determined by the supply and demand for funds and is influenced by various factors such as the Federal Reserve's monetary policy, economic conditions, and financial market developments.

The Federal Reserve also uses the federal funds rate as a tool to implement its monetary policy objectives. The federal funds market is an important component of the U.S. financial system, providing banks with access to short-term funding and contributing to the stability of the financial system.

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Assuming a 2% increase in interest rates. Bonds with a 12% coupon rate pay semi-annually, have 3 years to maturity, and are now trading at $940 each. The bond will change in value by -2.71% as a result of an interest rate increase from 8% to 9%.

Assuming a 2% increase in interest rates,

The price change as a percentage is Bond's J = -19.59%.

K for Bond is -16.04%.

Working Note: The coupon rate for bonds J is set at 3%.

The bond's coupon rate is 9%.

YTM (i)= 6%

Age of Maturity (n) = 15

15*2 = 30yrs.

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True. Studying the Introductory Objectives is crucial for any apprentice who wishes to fully understand the main topics of the lesson and what they are expected to gain from it.

The Introductory Objectives provide a clear outline of the lesson and help the apprentice focus on the key areas that will be covered. By understanding the objectives, the apprentice can better prepare themselves for the lesson, and ensure that they are on track to achieve their learning goals. The objectives also provide a framework for assessing the apprentice's understanding of the lesson, as they can use them as a checklist to ensure they have covered all the key areas.

Therefore, it is important for apprentices to take the time to carefully review and understand the Introductory Objectives before starting any lesson, as this will enable them to get the most out of the material they are studying.

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To analyze the make-or-buy decision for Blowing Sand's Blast fan model, we need to compare the total costs of making the thermostat component versus buying it from Flurry Co.

Currently, Blowing Sand's total cost for producing the thermostat component is $5 per unit, consisting of $2.50 variable cost and $2.50 fixed cost. If they buy the component from Flurry Co. for $4 per unit, they would eliminate the variable cost but still incur the fixed cost of $2.50 per unit.

Therefore, the total cost for Blowing Sand to purchase the component from Flurry Co. would be $6.50 per unit ($4 purchase cost + $2.50 fixed cost). This is lower than the current total cost of $5 per unit for making the component in-house.

As a result, Blowing Sand should purchase the thermostat component from Flurry Co. to reduce their total costs for the Blast fan model.

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Making planned presentations to prospective buyers is the most suitable tactic for Threads Inc. as it allows the company to showcase its products, communicate with potential customers, and build relationships that can lead to long-term sales and repeat business.

In this case, Threads Inc. should adopt the tactic of making planned presentations to prospective buyers. As a company that employs personal selling, Threads Inc. relies heavily on its sales team to promote and sell its products. Planned presentations allow the company to showcase its products and provide potential customers with information about the quality, design, and craftsmanship of the products. Generating large amounts of publicity quickly may not be the most effective tactic for Threads Inc. as personal selling is a more targeted and personalized approach to marketing.

Refraining from educating the public about the company's objectives would also not be a wise choice, as customers often want to know about the company they are buying from and its values. Similarly, refraining from advertising and public relations may limit the company's reach and exposure to potential customers. While personal selling is an effective approach, it can be complemented by advertising and public relations efforts to create brand awareness and attract new customers.

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Lucy's annualized IRR for a home she bought with an 80% LTV IO mortgage and for which the interest rate is irrelevant is 4.33%.

Over the 30 years, the house price grows at 4.5% annually, so the selling price of the house will be

$100,000 * (1.045)^30 = $367,946.72.

However, Lucy will also have to pay selling costs of 8%, which equals $29,435.74. So her cash inflow from selling the house is $338,510.98.

Since Lucy's annual cost of ownership net of tax savings is equal to the annual rent she would have paid, we can assume that her net cash flows each year are zero (i.e. she is neither gaining nor losing money by owning the house). Therefore, her only cash flows are her initial outflow of $85,000 and her inflow of $338,510.98 at the end of the 30-year period.

Using a financial calculator, we can calculate that Lucy's annualized IRR, given her buying costs, selling costs, and mortgage, is 4.33%. This means that her investment in the house had an average annual return of 4.33% over the 30-year period.

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The total value of assets when equity is $350,000 and liabilities are $196,000 is $546000.  So, the correct option is (d) $546000.

The answer to this question can be found by using the accounting equation, which states that assets equal liabilities plus equity. Given that the equity is $350,000 and liabilities are $196,000, we can calculate the assets as follows:

Assets = Liabilities + Equity
Assets = $196,000 + $350,000
Assets = $546,000

Therefore, the correct answer is (d) $546,000. This represents the total value of all the assets owned by the company, including cash, accounts receivable, inventory, property, and equipment.

It's important to note that this equation is always true, as it reflects the basic principles of accounting and financial management. By understanding this relationship, businesses can track their financial health and make informed decisions about their operations, investments, and growth strategies.

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Sales projections are important for any business, as they allow for effective planning and decision-making. The ideal source for sales projections is a combination of internal and external viewpoints. Internal viewpoints refer to data and information that is gathered from within the company, such as historical sales data, trends, and market share.

External viewpoints, on the other hand, refer to factors that are outside of the company's control, such as economic trends, competition, and market demand. By combining both internal and external viewpoints, a more accurate and comprehensive sales projection can be made. This allows for a better understanding of the market and its potential opportunities and challenges, as well as a clearer understanding of the company's strengths and weaknesses. While the marketing department can provide valuable insights and data, it should not be the sole source for sales projections. Instead, it should be one of the many sources that are considered in the overall projection process. In summary, a combination of internal and external viewpoints should be used to derive sales projections, which can help businesses make informed decisions and plan for the future.

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