For a nondividend-paying stock, you are given: i) The current stock price is 40 ii) At the end of the month the stock price will be either 42 or 38 Assume that the continuously compounded risk-free interest rate is 0.08 Given that the price of a 39-strike call option with 1 month to maturity is 1.5; what strategy can you use to take advantage of the arbitrage opportunity (if any)

Answers

Answer 1
I wish I could help you but Im doing this so i can ask sum

Related Questions

What are four great aspects of your personality??

Answers

Answer: I am responsible, friendly, hard-working, and empathetic.

Explanation: Regarding responsibility, I am someone who always tries to do his job, doing his best. I am kind as I treat each person with respect and without an overbearing attitude. I am a hard worker since I do not rest until I have my work ready and as a psychologist every day I learn to be more empathetic, to put myself in the place of the other, and thus understand their situation.

Calla Company produces skateboards that sell for $56 per unit. The company currently has the capacity to produce 95,000 skateboards per year, but is selling 81,800 skateboards per year. Annual costs for 81,800 skateboards follow. Direct materials $ 981,600 Direct labor 613,500 Overhead 954,000 Selling expenses 558,000 Administrative expenses 477,000 Total costs and expenses $ 3,584,100 A new retail store has offered to buy 13,200 of its skateboards for $51 per unit. The store is in a different market from Calla's regular customers and would not affect regular sales. A study of its costs in anticipation of this additional business reveals the following: 1. Direct materials and direct labor are 100% variable. 2. 50 percent of overhead is fixed at any production level from 81,800 units to 95,000 units; the remaining 50% of annual overhead costs are variable with respect to volume. 3. Selling expenses are 70% variable with respect to number of units sold, and the other 30% of selling expenses are fixed. 4. There will be an additional $1.60 per unit selling expense for this order. 5. Administrative expenses would increase by a $890 fixed amount.Required: Prepare a three-column comparative income statement that reports the following: a. Annual income without the special order. b. Annual income from the special order. c. Combined annual income from normal business and the new business.(Do not round your intermediate calculation round your cost and expenses values to nearest whole decimal places.)

Answers

Answer:

Calla Company

Three-column comparative Income Statement:

                                                  Normal         Special order       Total

Sales Revenue                       $4,580,800         $673,200     $5,254,000

Cost of sales:

Direct materials                      $ 981,600           $158,400       $1,140,000

Direct labor                                613,500              99,000            712,500

Overhead                                  954,000              76,973         1,030,973

Selling expenses                      558,000               84,151             642,151

Administrative expenses          477,000                  890            477,890

Total costs and expenses  $ 3,584,100           $419,414      $4,003,514

Net income                           $ 996,700         $ 253,786     $1,250,486

Explanation:

a) Data and Calculations:

Annual production capacity = 95,000 units

Actual annual production and sales = 81,800 units

Special order (units) = 13,200

Selling price (normal) = $56 per unit

Special order selling price = $51 per unit

Direct materials                      $ 981,600

Direct labor                                613,500

Overhead                                  954,000

Selling expenses                      558,000

Administrative expenses          477,000

Total costs and expenses  $ 3,584,100

Three-column comparative Income Statement:

                                                  Normal         Special order       Total

Sales volume                             81,800                  13,200         95,000

Selling price                                $56                     $51    

Sales Revenue                       $4,580,800         $673,200     $5,254,000

Cost of sales:

Direct materials                      $ 981,600           $158,400       $1,140,000

Direct labor                                613,500              99,000            712,500

Overhead                                  954,000              76,973         1,030,973

Selling expenses                      558,000               84,151             642,151

Administrative expenses          477,000                  890            477,890

Total costs and expenses  $ 3,584,100           $419,414      $4,003,514

Net income                           $ 996,700         $ 253,786     $1,250,486

1. Direct materials cost per unit = $981,600/81,800 = $12

2. Direct labor cost per unit = $613,500/81,800 = $7.50

3. Variable Overhead cost = $954,000/2 = $477,000

Variable overhead cost per unit = $477,000/81,800 = $5.83129

4. Variable selling expenses = 70% of $558,000 = $390,600

Variable selling expenses per unit = $390,600/81,800 = $4.77506

Additional selling expense per unit = $6.37506 ($4.77506 + $1.60)

Selling expense for special order = 84,151($6.37506 * 13,200)

5. Administrative expenses increased by $890

Snoopy, Inc. records its bad debt expense on the credit sales method. Total sales during 2020 were $1,500,000, which consisted of $300,000 of cash sales and the remainder were credit sales. Snoopy's estimation is that 3% of net sales would be uncollectible. During the year, Snoopy wrote off $100,000 of accounts receivable and the allowance for doubtful accounts amount is $50,000. What is the amount of bad debt expense for 2020

Answers

Answer:

the amount of bad debt expense for the year 2020 is $36,000

Explanation:

The computation of the amount of bad debt expense is shown below:

= Estimation of 3% net sales that would be uncollectible

= 3% of ($1,500,000 - $300,000)

= 3% of $1,200,000

= $36,000

Hence, the amount of bad debt expense for the year 2020 is $36,000

The same is to be considered

An analyst gathers the following information about Meyer, Inc.: Meyer has 1,000 shares of 8% cumulative preferred stock outstanding, with a par value of $100 and liquidation value of $110. Meyer has 20,000 shares of common stock outstanding, with a par value of $20. Meyer had retained earnings at the beginning of the year of $5,000,000. Net income for the year was $70,000. This year, for the first time in its history, Meyer paid no dividends on preferred or common stock. a. Calculate the total book value of Meyer's common stock. b. What is the book value per share of Meyer's common stock

Answers

Answer and Explanation:

The computation is shown below

a. Total book value is

= Equity par value + retained earnings + net income

= 20,000 shares × $20 + $5,000,000 + $70,000

= $5,470,000

b. The book value per share is

= Equity book value ÷ number of shares

= $5,470,000 ÷ 20,000shares

= $273.50

Hence, the total book value and book value per share is $5,470,000 and $273.50 respectively

4. JEF Inc. just paid a $1.30 dividend, and it is expected to grow at 40% for the next 3 years. After 3 years the dividend is expected to grow at the rate of 7% indefinitely. If the required return is 12.7%, what is the stock's value today

Answers

Answer:

The stock's value today is $53.33

Explanation:

The value of a stock can be calculated by determining the present value of associated cash flows

First, we need to calculate the expected dividend each year

Year ______ Dividend

1__________$1.30 x ( 1 + 40% ) = $1.8200

2__________$1.82 x ( 1 + 40% ) = $2.5480

3__________$2.548 x ( 1 + 40% ) = $3.5672

4__________$3.5672 x ( 1 + 7% ) = $3.8169

Now calculate the present value of the dividends

Year ______ Present value

1__________$1.8200 x ( 1 + 12.7% )^-1 = $2.0511

2__________$2.5480 x ( 1 + 12.7% )^-2 = $2.0061

3__________$3.5672 x ( 1 + 12.7% )^-3 = $2.4920

4__________[ $3.8169 / ( 12.7% - 7% ) ] x ( 1 + 12.7% )^-3 = $46.7804

Hence,

Value of Stock = $2.0511 + $2.0061 + $2.4920 + $46.7804 = $53.3296 = $53.33

On February 1, 2020, Bramble Corp. purchased a parcel of land as a factory site for $315000. An old building on the property was demolished, and construction began on a new building which was completed on November 1, 2020. Costs incurred during this period are listed below: Demolition of old building $ 22000 Architect's fees 35400 Legal fees for title investigation and purchase contract 5600 Construction costs 1401000 (Salvaged materials resulting from demolition were sold for $10000.) Bramble should record the cost of the land and new building, respectively, as

Answers

Answer and Explanation:

The computation of the cost of the land and the new building is as follows

For land

= Purchase value + demolition of old building + legal fees - salvage materials

= $315,000 + $22,000 + $5,600 - $10,000

= $332,600

And, for building it is

= Architect fees + construction cost

= $35,400 + $1,401,000

= $1,436,400

Hence, the same is to be considered

A zero coupon bond pays no interest-only it face value of $1,000 at maturity. One such bond has a maturity of 18 years and an initial price of $130. What annual interest rate is earned if the bond is bought when issued and held to maturity?

Answers

Answer:

12%

Explanation:

FV = PV*(1+i)^n

FV = 1000, PV = 130, i = annual interest rate, n = 18

∴ 1000 = 130*(1+i)^18

==> (1+i)^18 = 1000/130

==> 1+i = (1000/13)^(1/18)

i = 1.12001895 - 1

i = 0.12

i = 12%

Thus, the annual interest rate is 12%

Luker Corporation uses a process costing system. The company had $162,500 of beginning Finished Goods Inventory on October 1. It transferred in $839,000 of units completed during the period. The ending Finished Goods Inventory balance on October 31 was $160,200. The entry to account for the cost of goods sold in October is:

Answers

Answer and Explanation:

The journal entry for cost of goods sold is as follows:

Cost of goods sold Dr $841,300

      To Finished goods inventory $841,300

(Being the cost of goods sold is recorded)

The value of cost of goods sold is

= $162,500 + $839,000 - $160,200

= $841,300

Here the cost of goods sold is debited as it increased the expense while the finished goods inventory is credited as it decreased the assets

When an organization defines itself and its niche in an environment by the choice of what sector or field of the environment it will use its technology, products, and services to compete in and serve, it is describing its ______.

Answers

Answer:

Domain

Explanation:

It should be noted that When an organization defines itself and its niche in an environment by the choice of what sector or field of the environment it will use its technology, products, and services to compete in and serve, it is describing its Domain. Domain can be regarded as the chosen field of action for an organization/company, it encompass the part of the environment chosen by the organization which is vital to the organization, it involves the chosen niche of the organization in the environment.

The stock price of Bravo Corp. is currently $100. The stock price a year from now will be either $160 or $60 with equal probabilities. The interest rate at which investors invest in riskless assets is 6%. Using the binomial OPM, the value of a put option with an exercise price of $135 and an expiration date 1 year from now should be worth __________ today.

Answers

Answer:

$38.21

Explanation:

The computation of the value of put option is shown below;

Hedge ratio is

= (Pay off in case price appreciates - Pay off in case of price depreciates) ÷ (Appreciated price - Depreciated price)

= (Max[$135 - $160, $0] - Max[$135 - $60, $0]) ÷ ($160 - $60)

= ($0 - $75) / $100

= -0.75

Now, Price of Put option is

= -Hedge ratio × {Appreciated price ÷ (1 + risk free rate) - Present stock price}

= -(-0.75) × {$160 ÷ (1 + 6%) - $100}

= $38.21

Wilco LLC uses the weighted average method to determine equivalent units of production. Wilco LLC reported that in last quarter that 10,000 units were completed and moved to finish goods inventory. Wilco also determines that 7,000 units were in ending Goods in Process inventory. The units in ending Goods in Process inventory were 50% finished in regards to all costs. Determine Wilco's equivalent units of production for the quarter.

Answers

Answer:

the number of equivalent units for the production is 13,500 units

Explanation:

The computation of the number of equivalent units for the production is shown below:

Units completed and transferred  is  10,000 units

Add Ending work in the process [7,000 × 0.50] 3,500 units

Total equivalent units 13,500 units

Hence, the number of equivalent units for the production is 13,500 units

The same is relevant

On January 1, Year 1, Missouri Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $3,000 salvage value. Missouri uses the double declining-balance method. What is the amount of depreciation expense recognized in Year 2?

Answers

Answer:

Annual depreciation= $4,640

Explanation:

Giving the following information:

Purchase price= $32,000

Useful life= 10 years

Salvage value= $3,000

To calculate the depreciation expense, we need to use the following formula each year:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1:

Annual depreciation= 2*[(32,000 - 3,000) / 10]

Annual depreciation=  $5,800

Year 2:

Annual depreciation= 2*[(29,000 - 5,800)/10]

Annual depreciation= $4,640

Stockholders' Equity of Riverwild Corporation consists of 50,000 shares of $8 par value, 5% cumulative preferred stock and 400,000 shares of $1 par value common stock. Both classes of stock have been outstanding since the company's inception. Riverwild's Board of Directors did not declare any dividends last year, but now it declares and pays a $200,000 dividend at year-end. Required: A. Determine the total dividend amount distributed to the preferred shareholders this year (not the per share amount). B. Determine the total dividend amount distributed to the common shareholders this year (not the per share amount).

Answers

Answer:

a. $20,000

b. $180,000

Explanation:

Par value per preferred share = $8

Dividend rate = 5%

Dividend per preferred share = $8 * 5% = $0.40

Number of preferred shares = 50,000

a. Total dividend amount distributed to the preferred shareholders this year = 50,000 shares * $0.40 = $20,000

b. The total dividend amount distributed to the common shareholders this year = $200,000 - $20,000 = $180,000

Molen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $8.50 per share. If the required return on this preferred stock is 6.5%, then at what price should the stock sell

Answers

Answer:

$130.77

Explanation:

Price of preferred stock = Annual dividend / Required return

Price of preferred stock = $8.50/0.065

Price of preferred stock = $130.7692307692308

Price of preferred stock = $130.77

the stock price is : $130.77

                    Hope this helps! good luck :)

Jeffery Davids has invested in something that acts like a mutual fund and that invests in hospitals all over the country. He knows there are federal laws that require this type of investment to distribute at least 90 percent of the income to shareholders and that requires there be at least 100 shareholders. What type of investment has Jefferson made?

a. REIT
b. Foreclosure
c. Direct investment
d. Participation certificate
e. Limited partnership

Answers

Answer:

Option a: REIT

Explanation:

A REIT is simply known as Real Estate Investment Trust is a firm or organization that is responsible for pooling of investor funds and thereby investing them in real estate or uses them to so as to produce both construction and mortgage loans. REITS works by enabling companies to use the combined investments of many to purchase a real estate property and it allows both small and large investors to own a share of real estate.

Types of REITs includes Equity REITs which focus on own Properties and Mortgage REITs primarily focus own Mortgage Debt. People iinvest in REITS because it provide greater diversification, potentially higher total returns and/or lower overall risk.

A company issues $16200000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $15825541. Using effective-interest amortization, how much interest expense will be recognized in 2020?

Answers

Answer:

The amount of interest expense which will be recognized in 2020 is $949,681.45.

Explanation:

The following are given in the question:

Bond value = $16200000

Bond interest rate = 5.8%

Proceed from bond = $15825541

Yield rate = 6%

The amount of interest expense which will be recognized in 2020 can now be calculated as follows:

Interest expense for January 1, 2020 to June 30, 2020 = Proceed from bond * Yield rate * (6 / 12) = $15825541 * 6% * (6 / 12) = $474,766.23

Discount amortized during first 6 months = Interest expense for January 1, 2020 to June 30, 2020 - (Bond value * Bond interest rate * (6 / 12)) = $474,766.23 - ($16200000 * 5.8% * (6 / 12)) = $474,766.23 - 469,800 = $4,966.23

Interest expense for July 1, 2020 to December 31, 2020 = (Proceed from bond + Discount amortized during first 6 months) * Yield rate * (6 / 12) = ($15825541 + $4,966.23) * 6% * (6 / 12) = $474,915.22

Interest expense to be recognized in 2020 = Interest expense for January 1, 2020 to June 30, 2020 + Interest expense for July 1, 2020 to December 31, 2020 = $474,766.23 + $474,915.22 = $949,681.45

Therefore, the amount of interest expense which will be recognized in 2020 is $949,681.45.

g Suppose the working-age population of a fictional economy falls into the following categories: 30 are retired; 45 are stay-at-home parents; 120 are employed full time; 40 are employed part time; 25 are unemployed but are actively looking for employment; 15 are unemployed and are not actively looking for employment. The official unemployment rate as calculated by the BLS would be

Answers

Answer: 13.5%

Explanation:

The Unemployment rate takes into account those who are of working age and willing to and actively seeking work.

Total labor force = 120 + 40 + 25 = 185

Unemployed = 25 people

Unemployment rate = 25/185

= 13.5%

Jackson's Home Cookin just paid its annual dividend of $0.65 a share. The stock has a market price of $13.00 and a beta of 1.12. The return on US Treasury bills is 2.5% and the market risk premium is 6.8%. What is the firm's cost of equity

Answers

Answer:

10%

Explanation:

The firm cost of equity is the return that is required by providers of Common Stock. This can be calculated in two ways. The first option is to use the Dividend Growth Model and the other option is to use the Capital Asset Pricing Model (CAPM).

The information given in the question is not sufficient to use the Dividend Growth Model since we have not been told the growth percentage in dividends.

We will thus use the Capital Asset Pricing Model (CAPM) as follows :

Cost of Equity = Return of Risk free Securities + Beta × Market Risk Premium

Therefore,

Cost of Equity = 2.5% + 1.12 × 6.8%

                        = 10%

When preparing the bank reconciliation for Mac's
Flower Shoppe, the following items were noted by
the accountant on the bank statement for June:
Deposits in transit $1,430; Outstanding checks $580;
Bank service charges $76; and a NSF check returned
by the bank $200. What is the adjusted cash balance
per the books if the accounting records initially
showed a balance of $2,100 on June 30?

Answers

Answer:

$1,824

Explanation:

  Adjusted cash balance per the books

Previous balance                    $2,100

Less: Bank charges                $76

         Cancelled NF Check    $200

Adjusted cash balance          $1,824

Thus, the adjusted cash balance  per the books if the accounting records initially showed a balance of $2,100 on June 30 is $1,824

Suppose that a monopoly computer chip maker increases production from 10 microchips to 11 microchips. If the market price declines from $30 per unit to $29 per unit, marginal revenue for the eleventh unit is:

Answers

Answer:

$19

Explanation:

Marginal revenue is the change in revenue when production increases by one unit

Marginal revenue = change in total revenue / change in quantity produced

total revenue 1 = $30 x 10 = $300

Total revenue 2 = $29 x 11 = $319

change in total revenue = $319 - $3000 = $19

Change in quantity produced = 11 - 10 = 1

Marginal revenue = $19 / 1 = 19

5 Disadvantage of sole proprietorship?

Answers

you are personally liable for all debts of the company, you can’t use business write offs, it’s harder to get a business loan, self employment taxes, raising capital is difficult, business continuity dies with its owner.

Hull Company reported the following income statement information for the current year: Sales $ 413,000 Cost of goods sold: Beginning inventory $ 136,500 Cost of goods purchased 276,000 Cost of goods available for sale 412,500 Ending inventory 147,000 Cost of goods sold 265,500 Gross profit $ 147,500 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $23,000. Given this information, the correct gross profit would be:

Answers

Answer: $124,500

Explanation:

If Ending Inventory was overstated by $23,000, this means that Cost of Goods was understated by $23,000.

Actual Cost of Goods sold = 265,500 + 23,000

= $288,500

Gross profit = Sales - Cost of goods

= 413,000 - 288,000

= $124,500

Keyser Materials has 8 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 102 percent of par. What is the current yield

Answers

Answer: 1020

Explanation:

The following information can be gotten from the question:

Face value of bond = 1000

Coupon = 8%

Therefore, PMT = 8% × 1000/2 = 40

Years to maturity = 19

Since semiannual payments are made,

Nper = 19 × 2 = 38

Current price = PV

= 102% × 1000

= 1.02 × 1000

= 1020

1. Current Yield = Coupon/Current prce

= (2*40)/1020 = 7.84%

The value of a p value. In a critical commentary on the use of significance testing, Lambdin (2012) explained, "If a p < .05 result is ‘significant,’ then a p = .067 result is not ‘marginally significant’" (p. 76). Explain what the author is referring to in terms of the two decisions that a researcher can make.

Answers

Answer:

The author is referring to the acceptance or rejection of the null hypothesis because of significance testing.

Explanation:

In significance testing, if the result is statistically significant with p < 0.05, the conclusion is that it is not probably caused by chance.   Since statistical significance indicates a strong evidence against the null hypothesis, the null hypothesis is rejected by the researcher, and the alternative hypothesis is accepted.  But, if the p = 0.67, the result is said to be not marginally significant, and the null hypothesis is not rejected.  These two conclusions mean that the researcher's rejection or acceptance of a null hypothesis is decided by a thin margin, and this is why wrong conclusions can be made at times.

Two company divisions produce completely different products but must seek funding from head office for capital expansion. The relationship between these two divisions would be best described as

Answers

Answer:

Pooled interdependence

Explanation:

Pooled interdependence is defined as a situation where tasks are split between different units that do not have contact with each other. There is no workflow between the units.

That is they operate independently.

The organisation achieves its set goals through independent efforts of its departments.

In the given scenario the divisions produce completely different products but must seek funding from head office for capital expansion.

This is a form of pooled interdependence

Lightsey Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of activity was 14,800 skeins and the actual level of activity was 15,100 skeins. The company's owner budgets for dye costs, a variable cost, at $0.51 per skein. The actual dye cost last month was $8,660. What would have been the spending variance (purchase price variance) for dye costs

Answers

Answer:

Direct material price variance= $966.4 unfavorable

Explanation:

Giving the following information:

Actual level of activity was 15,100 skeins.

Standard cost= $0.51 per skein.

The actual dye cost last month was $8,660.

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 8,660 / 15,100= $0.574

Direct material price variance= (0.51 - 0.574)*15,100

Direct material price variance= $966.4 unfavorable

Vilas Company is considering a capital investment of $190,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net annual cash flows are expected to be $12,000 and $50,000, respectively. Vilas has a 12% cost of capital rate, which is the required rate of return on the investment.

Answers

Answer:

a. 3.8 years

b. 12.63%

c. -$‭9,761.19‬

Explanation:

a. Cash Payback period.

The amount of time it would take for cash inflows to offset the initial outflow (investment).

= Investment/ Annual inflow

= 190,000 / 50,000

= 3.8 years

b. Annual income / Average Assets

= 12,000 / ( (190,000 + 0) / 2)

= 12.63%

c. Annual inflow is $50,000 for 5 years. Net present value is the present value of inflows less investment

Present value of inflows = 50,000 * (1 - ( 1 + 12%)⁻⁵ / 12%)

= $180,238.81

Net Present Value = 180,238.81 - 190,000

= -$‭9,761.19‬

a. Calculating the Cash Payback period:

Cash Payback period refers to the amount of time it would take for cash inflows to offset the initial outflow

Cash Payback period = Investment/ Annual inflow

Cash Payback period = 190,000 / 50,000

Cash Payback period = 3.8 years

b. Calculating the annual rate of return on the proposed capital expenditure:

Annual rate of return = Annual income / Average Assets

Annual rate of return = $12,000 / (($190,000 + 0) / 2)

Annual rate of return = $12,000 / $95,000

Annual rate of return = 0.126315789

Annual rate of return = 12.63%

c. Annual inflow is $50,000 for 5 years.

Net present value is the present value of inflows less investment

Present value of inflows = Annual inflow * (1 - (1 + i)^-n / i)

Present value of inflows = $50,000 * (1 - (1 + 12%)^-5 / 12%)

Present value of inflows = $180,238.81

Net Present Value = Present value of inflows - initial outflow

Net Present Value = 180,238.81 - 190,000

Net Present Value = -$‭9,761.19‬

See similar solution here

brainly.com/question/23611850

Lump-sum taxes are rarely used in the real world because:_______________
a. while lump-sum taxes have low administrative burdens, they have high deadweight losses.
b. while lump-sum taxes have low deadweight losses, they have high administrative burdens.
c. lump-sum taxes are often viewed as unfair because they take the same amount of money from both poor and rich.
d. lump-sum taxes are very inefficient.

Answers

Answer:

c. lump-sum taxes are often viewed as unfair because they take the same amount of money from both poor and rich.

Explanation:

To understand this question, you have to first understand what lump-sum taxes are.

Lump-sum taxes are a system of taxes where everybody pays the same amount of tax no matter their economic status, or their actions. Basically, lump-sum taxes take the same amount of money from the rich and the poor, hugely increasing the burden on the poor and lessening that of the rich.

As an example, a lump-sum tax of $100 would require everybody to pay $100. To a person earning, say $120, that would be a huge hit, and be a huge burden on his normal life. However, to a rich person who earns, say, $10000, that would be much more easier for the rich person.

Hence, lump-sum taxes are often viewed as unfair because of the unfair advantage the rich have over the poor in tax-paying.

Hope this helped!

Consumers Choice store accepts a shipment of EZ2U-brand tablets from Digital Devices, Inc. Consumers Choice later discovers a defect in the tablets, revokes acceptance, and returns the tablets via GoBack, Inc. During the return, the tablets are lost. The loss is suffered by

Answers

Answer:

Digital devices

Explanation:

Since in the question it is mentioned that the consumer choice found the defect in the tablets and the return the same. While returning it, the tables are lost so here the loss suffered by the digital devices as the devices are defective so the loss would be born by them only

Therefore as per the given situation, the above represents the answer

The information technology department is frustrated because they are constantly training one group on the same issue. The department manager reports it is the ________ to learn the system and not expect repetitive training. Group of answer choices

Answers

Answer:

users' responsibility.

Explanation:

Training is the process in which employers provides employees with specific, identifiable knowledge and skills for use in their present jobs.

Generally, organizations should ensure they continually train their employees in different areas (skills) so they don't lag behind and to close the gap between rapid technological innovation.

Also, an instructional design process can be defined as a strategic model which typically involves determining the needs of the employees (learners or trainees) for the development of learning goals, objectives, experiences and the design and organization of assessments in order to enhance the quality of information and instructions.

In this scenario, the information technology department is frustrated because they are constantly training one group on the same issue. The department manager reports it is the users' responsibility to learn the system and not expect repetitive training.

This ultimately implies that, once an employee has undergone a training sponsored by his or her employer, it is very important that he or she devotes more time to learning to perfection rather than being trained on the same skill over and over again.

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