ANSWERS TO END-OF-CHAPTER QUESTIONS 14-2 The two principal reasons for holding cash are for transac¬tions and compensating balances. The target cash balance is not equal to the sum of the holdings for each reason because the same money can often partially satisfy both motives. 14-4 The four elements in a firm’s credit policy are (1) credit standards‚ (2) credit period‚ (3) discount policy‚ and (4) collection policy. The firm is not required to accept the credit policies employed by its
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Questions for Critical Thinking 1 Liberty University Business 620/ Global Economic Environment Salvatore’s Chapter 1: Discussion Question 9. How is the concept of a normal return on investment related to the distinction between business and economic profit? There is no normal return on investment. To be considered a return on investment‚ the internal rate of return should exceed the cost of capital. A low risk‚ ongoing enterprise might be satisfied with an IRR= 7-10%‚ while a
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Appreciation Text Questions Please complete the following questions. It is important that you use full sentences and present the questions and answers when you submit your work. Submit the work as a file attachment. This means you complete all work in a word processing document (e.g.‚ Microsoft Word) and attach the file using the dropbox tool. Use the Unit 3: Text Questions dropbox basket. The answers to the Review & Critical Thinking questions are worth 10 points. Review Questions 1. What is
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Appreciation Text Questions Please complete the following questions. It is important that you use full sentences and present the questions and answers when you submit your work. Submit the work as a file attachment. This means you complete all work in a word processing document (e.g.‚ Microsoft Word) and attach the file using the dropbox tool. Use the Unit 1: Text Questions dropbox basket. The answers to the Review & Critical Thinking questions are worth 10 points. Review Questions 1. What are
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5. How are crime and deviance related? Do they represent the same actions? Deviance is a simple act that goes against societies norms as a crime isan action that constitutes an offense that may be prosecuted and is punishable by law. Critical Thinking Questions 1. Emile Durkheim argues that deviance is beneficial to society in a number of ways‚ such as showing us where the boundaries of acceptable behavior are and that it can bring a group together. Do you agree or disagree with his argument that
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Critical and Creative Thinking Questions Week 2 1) Sensation and perception are closely linked. What is the central distinction between the two? Sensations can be defined as the passive process of bringing information from the outside world into the body and to the brain. The process is passive in the sense that we do not have to be consciously engaging in a "sensing" process. Perception can be defined
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Paper and Presentation Write a critical‚ research paper on one of the thematic units of literature that we have covered this semester. This is not a plot summary or a book report. Nor is it your stream of consciousness reaction to or commentary on an author or literary work. You will choose your own topic‚ methodology‚ and organization. You will consult secondary works‚ but your paper is not just a research paper where you report your findings from secondary sources. Nor is this project just a
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Critical and creative thinking questions What are the major sources of stress in your life? I think the four major sources of stress in my life would be money being number one. This is because I am an international student who moved from Hong Kong to America. Having doing this I had to learn how to manage my own money for example rent‚ bills ‚ and also enough for entertainment. When I was living in Hong Kong with my family I didn’t have to worry about all these factors so it came easy to me.
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The main goal of capitalism is to produce goods and services to make a profit. In order to produce goods and services‚ they need three things: capital (tools used to make things)‚ labour‚ and resources. Critical Thinking Questions 1. How do your financial choices impact the economy? Trace the impact of your financial decisions. Our financial choices impact the economy like a ripple. If a business gets shut down and everyone loses their job‚ then they can’t take taxes
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Questions for Critical Thinking 4 Salvatore’s Chapter 8: a. Discussion Questions: 2 and 10. 2. (a) What is the distinction between marginal cost and incremental cost? (b) How are sunk costs treated in managerial decision making? Why? (a) Maringal cost is the change in total costs or in total variable costs per unit change in output (Salvatore‚ 2012‚ pg. 718). The main reason to determine marginal cost is to gain understanding and knowledge of when a company reaches economics of scale. However
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