Templeton's common stock currently sells for $41 per share. Its last dividend was $1.8 and is expected to grow at a constant rate of 6.5%/1f the firm's beta is 1.29, the risk-free rate is 4% and the market premium is 6.5%, what will be the firm's cost of common equity using the CAPM approach? What is the firm's cost of common equity using the DCF approach?
Answers
Templeton's cost of common equity using the CAPM approach is 12.385%, while its cost of common equity using the DCF approach is 11.07%.
Templeton's cost of common equity using the CAPM approach can be calculated as follows:
Cost of Equity = Risk-Free Rate + Beta x Market Premium
= 4% + 1.29 x 6.5%
= 12.385%
Using the DCF approach, we can calculate the cost of common equity as follows:
Cost of Equity = (Dividend / Current Stock Price) + Growth Rate
= ($1.8 / $41) + 6.5%
= 11.07%
As a result, Templeton's cost of common equity calculated using the CAPM approach is 12.385%, compared to 11.07% calculated using the DCF approach.
These calculations are crucial for figuring out investors' needed rates of return and assessing possible Templeton common stock investment possibilities.
To learn more about Cost of Equity visit:
https://brainly.com/question/13086476
#SPJ4
Related Questions
The association stradegy is used to_________information
Answers
Answer:
The association strategy is used to help memorized information.
Explanation:
A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.
Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years after taking out the loan. If the loan has an interest rate of 6. 8%, compounded monthly, and Gertrude makes monthly payments, how much interest will she pay by the time the loan is repaid? Round all dollar values to the nearest cent. A. $4,462. 40 b. $1,213. 28 c. $1,713. 69 d. $2,094. 80.
Answers
The interest is the amount of payment that is given by the borrower to the lender of money, it is the excess amount that is paid for the use of money.
The amount of interest that Gertrude would pay is $2,908 to repay the total amount of the loan.
What is interest?Interest is the monetary charge for acquiring money, and it is mostly shown as a percentage, such as an annual percentage rate (APR).
Interest is the excess amount that is paid by the lender to use his money on a certain percentage, and it is repaid with the amount of principal.
Computation of Interest:
Given that,
Principal(P) = $5,550,
Interest Rate(i) = 6.8%,
\(\text{i} = \dfrac{6.8}{12\times100}\\\\\text{i} =0.005667\)
Number of monthly Installments(n)= 10×12 = 120.
Here, we apply the formula of E.M.I (Equated Monthly Installment):
\(\text{E.M.I.}= \dfrac{P\times i\times (1+i)^n}{(1+i)^n-1}\\\\\\\text{E.M.I.}=\dfrac{\$5,500\times 0.005667\times (1+0.005667)^1^2^0}{(1+0.005667)^1^2^0-1}\\\\\\\text{E.M.I.}=\$63.29\)
Here, the total installments of the loan are 120,
then the amount of total payment would be:
\(120\times\$63.29= \$7,594\)
Then, the amount of interest that is paid on the loan would be:
\(\text{Amount -Principal}= \text{Interest}\\\\\$7,594.28-\$5,500= \$2,094.28\\\\\\\text{Interest}= \$2,094.28\)
Therefore, the total amount of interest that Gertrude has to pay is $2,097.28.
Learn more about interest, refer to:
https://brainly.com/question/4605117
The
management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new
machinery that would double the production. In the given scenario, the management is in the process of planning the
of the company
operating budget
Ofinancial budget
Omarketing budget
Ostatic budget
Answers
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answers
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
a business goes to the trouble and expense of segmenting its markets when ______.
Answers
Answer:
it expexts that this will increase sales and profits
Explanation:
explain processes of distribution channels in economics
Answers
Answer:
Distribution channels in economics refer to the various intermediaries that are involved in the movement of goods and services from the producer to the final consumer. These intermediaries play a critical role in ensuring that products reach the end-users in the most efficient and effective manner possible.
The following are the processes involved in distribution channels in economics:
1. Producer: The first step in the distribution channel is the producer. The producer is the entity that creates the product or service. The producer may be a manufacturer, a farmer, or a service provider.
2. Wholesaler: The next step in the distribution channel is the wholesaler. The wholesaler buys products in bulk from the producer and then sells them to retailers. Wholesalers are often used when the producer cannot sell directly to retailers due to logistical or other reasons.
3. Retailer: The retailer is the next step in the distribution channel. The retailer buys products from the wholesaler or directly from the producer and then sells them to the final consumer. Retailers are often used when the producer cannot sell directly to the final consumer due to logistical or other reasons.
4. Consumer: The final step in the distribution channel is the consumer. The consumer is the end-user of the product or service. The consumer buys the product or service from the retailer.
5. Logistics: Logistics is an important process in the distribution channel. Logistics involves the movement of products from the producer to the retailer or directly to the consumer. Logistics includes transportation, storage, and delivery.
6. Marketing: Marketing is another important process in the distribution channel. Marketing involves promoting the product or service to potential consumers. Marketing includes advertising, public relations, and sales promotions.
7. After-sales service: After-sales service is the final process in the distribution channel. After-sales service involves providing support and assistance to consumers after they have purchased the product or service. After-sales service includes warranties, repairs, and customer service.
In conclusion, the distribution channel is a critical component of the economy. It ensures that products and services reach the end-users in the most efficient and effective manner possible. The various processes involved in the distribution channel include the producer, wholesaler, retailer, consumer, logistics, marketing, and after-sales service.
Carmen surveys a random sample of 35 students from school. if these students, 2 are chess club members. if there are 55 students at her school, how many of them are likely to be chess club members?
Answers
Approximately 3 students in the school are likely to be chess club members.
Based on Carmen's survey, she found that 2 out of 35 students are chess club members. To estimate the total number of chess club members in the entire school of 55 students, you can use proportions.
The proportion of chess club members in the sample is 2/35. To find the expected number of chess club members in the whole school, set up a proportion:
(2/35) = (x/55)
Cross-multiply and solve for x: 2 * 55 = 35 * x 110 = 35x x ≈ 3.14
Since there cannot be a fraction of a student, we can round to the nearest whole number.
Learn more about proportions at https://brainly.com/question/31010676
#SPJ11
Imagine you are the newly appointed Human Resource Manager: Training and Development for Coca-Cola. One of the first deficiencies in the current human resources system at Coca-Cola you notice is that there is a strong emphasis on performance appraisal and rewards. In contrast, other aspects of human resources development (HRD) are neglected or are completely absent. You approach the Director: of Human Resource Management with this problem. The Director: Human Resource Management instructs you to compile a report in which you make proposals for a more holistic HRD system. Fictitious scenario
Required: In the form of a diagram, provide the framework for a more holistic system for HRD. Provide a brief discussion of each subsystem of your proposed HRD to the Director: of Human Resource Management.
Answers
The proposed framework for a more holistic HRD system at Coca-Cola includes multiple subsystems that address various aspects of employee development. These subsystems include training and development, career planning and development, performance management, and employee engagement and well-being. Each subsystem contributes to a comprehensive HRD approach that focuses on employee growth, skill enhancement, career progression, and overall employee satisfaction.
The diagram for the proposed holistic HRD system at Coca-Cola includes four main subsystems: training and development, career planning and development, performance management, and employee engagement and well-being.
Training and Development: This subsystem focuses on providing employees with the necessary skills and knowledge to perform their jobs effectively. It includes training programs, workshops, mentoring, and continuous learning opportunities. The goal is to enhance employees' competencies and ensure their ongoing professional growth.
Career Planning and Development: This subsystem emphasizes employee career progression and development. It involves activities such as performance evaluations, career coaching, succession planning, and creating development plans. The aim is to help employees identify and pursue meaningful career paths within the organization.
Performance Management: This subsystem focuses on setting performance goals, providing regular feedback, and evaluating employee performance. It includes performance appraisals, goal setting, performance discussions, and performance-based rewards and recognition. The objective is to align individual and organizational goals, improve performance, and provide constructive feedback to employees.
Employee Engagement and Well-being: This subsystem addresses the overall employee experience, job satisfaction, and well-being. It includes initiatives such as employee surveys, feedback mechanisms, work-life balance programs, health and wellness programs, and employee assistance programs. The focus is on creating a positive work environment, fostering employee engagement, and supporting employee well-being.
By implementing this holistic HRD system, Coca-Cola can create a comprehensive approach to employee development and well-being. It ensures that performance appraisal and rewards are complemented by other essential aspects of HRD, leading to a more balanced and effective human resources system.
Learn more about Performance Management here:
https://brainly.com/question/30977180
#SPJ11
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
Answers
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
To learn more about economics market
https://brainly.com/question/27993595
#SPJ1
The amount of accounts receivable shown on the pro forma balance sheet is typically drawn from the
a. cash budget
b, inventory purchases budget
c. selling and adminisrative expense budget
d. sales budget
Answers
The amount of accounts receivable shown on the pro forma balance sheet is typically drawn from the option d. i.e. Sales budget.
A balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time. Accounts receivable is an asset representing the amounts owed to a business by its customers for goods or services provided on credit.
In order to determine the amount of accounts receivable shown on the pro forma balance sheet, you need to refer to the sales budget. The sales budget is a financial projection that outlines the anticipated sales revenues and credit terms for a specific period. This budget is used to estimate the amount of cash inflows and credit sales, which directly impacts the accounts receivable.
1. Review the sales budget to identify the total credit sales for the period.
2. Determine the company's credit terms and the percentage of sales made on credit.
3. Calculate the accounts receivable balance by multiplying the total credit sales by the percentage of sales made on credit.
4. Include the calculated accounts receivable balance in the pro forma balance sheet as an asset.
By following these steps, you can accurately estimate the amount of accounts receivable shown on the pro forma balance sheet using the sales budget as your primary source of information.
Therefore, option D is the right answer.
To know more about sales budget, visit https://brainly.com/question/29035963
#SPJ11
A country that produces and consumes a large amount of cell phones comparatively has just entered the world market. if the country becomes a net-importer of coffee, we would expect to see:______.
Answers
A new player has just joined the global market, one that makes and uses a lot of cell phones. We would anticipate seeing a rise in both the global pricing and the overall supply of cell phones if the nation starts importing more coffee than it exports.
What does "global market" mean?
The term "world market" refers to the global sugar market, which includes sugars exchanged both freely and under special circumstances as stated in chapter IX of the 1977 International Sugar Agreement.
The total number of people in the world who might be interested in purchasing your goods is referred to as the global market. A global clientele might have a significant impact on the business. Sales can be generated, more jobs can be added, and it can also withstand local economic instability. Local markets that have been combined to form a single, larger market might be used to describe the world market.
To learn more about the world market refer to:
https://brainly.com/question/12424281
#SPJ4
shota invests \$1000$1000dollar sign, 1000 in a certificate of deposit that earns interest. the investment's value is multiplied by 1.021.021, point, 02 each year.
Answers
Shota invests $1000 in a certificate of deposit (CD) that earns compound interest at an annual rate of 2.1%. Each year, the investment's value is multiplied by 1.021.
Shota's initial investment is $1000 in a certificate of deposit. The CD earns compound interest at an annual rate of 2.1%, which can be represented as 1 + 0.021 = 1.021. Each year, the investment's value increases by a factor of 1.021, which accounts for both the original investment and the accumulated interest. The interest compounds annually, meaning the interest earned in each year is added to the principal for the next year's interest calculation. This compounding effect allows the investment to grow over time.
To calculate the value of the investment after a certain number of years, one can raise 1.021 to the power of the number of years and then multiply it by the initial investment amount.
Learn more about compound interest here: brainly.com/question/14295570
#SPJ11
Complete question is in the image attached
if the only two firms in an industry successfully collude
Answers
If the only two firms in an industry successfully collude, they can maximize profits by acting as a monopoly. Collusion is defined as an illegal agreement among market participants to limit competition. This is done to achieve an unfair advantage and reduce competition.
When two firms in an industry successfully collude, they create a monopoly.A monopoly is a market structure in which there is only one firm, and it controls the entire market. This is achieved through collusion. The only two firms in an industry that successfully collude can create a monopoly by working together to fix prices, limit output, and divide the market between themselves.
This allows them to maximize profits by acting as a single entity and charging higher prices than they would be able to if they were competing against each other. The government is usually against the creation of monopolies as they limit competition and lead to higher prices for consumers. Therefore, if it is discovered that the two firms are colluding to create a monopoly, the government may take action against them.
To know more about monopoly here:
https://brainly.com/question/31918762
#SPJ11
If the price of a product is $20, marginal analysis says which of the following
must be true in order for a consumer to purchase the product?
Answers
Answer:
MB exceeds $20
Explanation:
Researching investments online can be valuable because:
A: because large-cap stocks are less of a household name requiring research
b: you can find the exact future value of the stock
C: you will learn the day of the next bull market
D: you can track stock value trends overtime
Answers
Answer:
look I'ma be honest ion know just take a fat guess I'ma say a
Answer:
D
Explanation:
I just did the qw
Identify similarities among accountants.
Select all that apply.
A.
All accountants are required to not materially misstate the economic value of the company.
B.
All accountants are bound to their trade organization and must follow their regulations.
C.
All accountants are bound to report estimates of financial outcomes from conducting business.
D.
All accountants are required to produce reports that provide crucial information to upper management
Answers
The correct answers are A, B, and D. These three options show similarities among accountants.
A. All accountants are required to not materially misstate the economic value of the company. This means that accountants have a duty to accurately record and report financial information, ensuring that it is not misleading or misrepresented.
B. All accountants are bound to their trade organization and must follow their regulations. Accountants typically belong to professional organizations, such as the American Institute of Certified Public Accountants (AICPA) or the Association of Chartered Certified Accountants (ACCA). These organizations establish ethical standards and regulations that accountants must adhere to.
D. All accountants are required to produce reports that provide crucial information to upper management. Accountants are responsible for preparing financial reports, such as balance sheets, income statements, and cash flow statements, that are essential for decision-making by upper management.
C is not a similarity among accountants. While accountants may report estimates of financial outcomes from conducting business, it is not a requirement that applies to all accountants. It may vary depending on the specific role or industry they work in.
Learn more about accountants here:-
https://brainly.com/question/33477032
#SPJ11
XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?
Answers
Answer:
Growth Highlights
Explanation:
When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.
Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.
This shall ensure the investors about their returns in a more confident manner.
Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.
assessing the effectiveness of an advertising campaign while it is running by monitoring key indicators is referred to as
Answers
Tracking refers to use of key indicators to monitor and assess the effectiveness of the advertising campaign while it is running.
The tracking of the advertising campaign is also called ad tracking, post-testing or ad-effectiveness tracking.
The advert tracking forms part of in-market research.The advert tracking refers to monitors the brand's performance, advertising awareness and attitudes about the brand versus their competition.In conclusion, the key indicators is referred to as advert tracking.
Read more about advert tracking:
brainly.com/question/12603785
In the United States, there are various forms of economic oversight that are performed by the government. Sometimes the government will step in when they feel the need to encourage competition in a particular industry and to break up companies that have nearly complete control over a particular market. What is this called when the government initiates action against companies that appear to have too much power?
Answers
Antitrust laws initiate action against companies that appear to have too much power.
Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market. This frequently entails dismantling monopolistic enterprises as well as making sure mergers and acquisitions don't excessively concentrate market power.
Additionally, cartels or groups of companies working together to restrict competition through tactics like price fixing are prohibited by antitrust laws. Antitrust law has developed into distinct legal expertise as a result of the difficulty in determining what actions may restrict competition.
Federal antitrust laws are currently enforced by the Federal Trade Commission, often in cooperation with the Department of Justice.
Learn more about antitrust laws here:
https://brainly.com/question/28044562
#SPJ9
Which of the following careers is most likely to require business skills?
Answers
Answer:
1, Communication skill,Leadership skill,Analytical skill
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reason for your answers.
Answers
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
which of the following is an example of an company that primarly provides a service?
Answers
Examples of pure service businesses include airlines, banks, computer service bureaus, law firms, plumbing repair companies, motion picture theaters, and management consulting firms.
A consulting firm, or simply a consultancy, is a business that offers specialized labor and knowledge for hire while utilizing consultants. A consulting firm may employ one person or thousands, and it may provide advice in a variety of fields, including management, engineering, and other fields.
Consulting services refers to the delivery of knowledge or strategic counsel that is made available for consideration and judgment. An individual or organization that contracts to offer services other than consulting services to another person or firm is known as a non-consulting service provider.
Learn more about consulting firm here
https://brainly.com/question/18152471
#SPJ9
Match the requirements for application to the type of school.
1. requires high school transcripts or GED application
graduate school
2. requires high school transcripts as well as the SAT or ACT, which demonstrate the ability to succeed
career or technical program
3. requires college transcripts that demonstrate a bachelor’s degree was earned; may require the GRE or another specific exam that demonstrates the ability to succeed in a specific program
Things to match to: graduate school, career or technical program, and university
Answers
Answer:
1. graduate school
2. career or technical program
3. university
Explanation:
I'm assuming after thoroughly reading your long descriptions.
The location and community analysis determines the key events predicted for the local community and immediate surrounding area during the planning period. True False
Answers
Answer:
True
Explanation:
I had this question on my test and got it right
Which of the core business functions is the promotion of a business' products that focuses on customers and has core responsibilities like advertising and branding a business' products and services?
Answers
The core business function that focuses on customers and is responsible for promoting a business' products and services through advertising and branding is called marketing.
Marketing is a critical component of a business' success as it helps to create and maintain a positive image of the business in the minds of customers, and ultimately drives sales and revenue. Other core business functions include operations, finance, and human resources.
The core responsibilities include:
1. Identifying target customers
2. Developing effective advertising campaigns
3. Creating and managing a brand's identity
4. Ensuring consistent messaging across all marketing channels
5. Analyzing market trends and competitors' strategies
By performing these tasks, marketing plays a crucial role in attracting and retaining customers for a business.
To know more about core business function visit:
https://brainly.com/question/29619255
#SPJ11
The two primary competitive levers that managers can use in order to answer the question of how to compete are.
Answers
The two primary competitive levers that managers can use are value and cost in order to answer the question of how to compete.
The term common overall performance lever refers to a circumstance, technique, or functionality that allows lengthy-term, ethical, and exceptional universal performance to stand up. By means of the use of the extension, because of this such ordinary overall performance levers may be used to enhance commercial enterprise overall performance and profitability while known as upon.
Will respond effectively, corporations ought to reputation at the five 'productiveness levers,' or instructions of things that may be acted upon as a way to result in preferred adjustments: people, techniques, structures, records, and property (matters).
Our member-pushed cognizance of these three opportunity levers: technique, innovation, and advertising, and marketing and advertising can assist function us to provide the maximum member price now and in the future.
Learn more about competitive levers here brainly.com/question/20864652
#SPJ4
A manufacturer of clothing apparel currently sells its products at Neiman Marcus and Dillard's. A new survey shows that a majority of its customers now expect to find its products at Neiman Marcus, Macy's, and Saks Fifth Avenue, but relatively few customers expect to find the products at Dillard's or Marshalls. If the manufacturer acts on its customers' expectations, what action would it take in regard to its retail partnerships?
Answers
Answer:
This manufacturer should have to take the option of dropping Dillard's and including Macy's and Saks Fifth Avenue.
Explanation:
When manufacturers produce, they do so for the sake of gains and profits. A larger market provides bigger profits compared to a smaller one.
This question tells us that this manufacturer has a greater number of customers looking to get there products at Neiman Marcus, Macy's, and Saks Fifth Avenue. So since these places would provide him a bigger market, so he should partner with these retail markets (Neiman Marcus, Macy's, and Saks Fifth Avenue) and drop the market with just few customers (dillards).
Wissota Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $6 per hour. During February, Wissota Co. spent $56,700 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead spending variance?
Select one:
a.
$1,800 unfavourable
b.
$1,800 favourable
c.
$2,700 favourable
d.
$900 favourable
Answers
The variable overhead spending variance is $1,800.:a.
to calculate the variable overhead spending variance, we need to compare the actual variable overhead costs incurred with the standard variable overhead costs based on the actual labor hours.
standard variable overhead costs = standard rate per hour * actual labor hours
standard variable overhead costs = $6 per hour * 9,150 labor hours = $54,900
variable overhead spending variance = actual variable overhead costs - standard variable overhead costs
variable overhead spending variance = $56,700 - $54,900 = $1,800 $1,800 unfavorable.
Learn more about labor here:
https://brainly.com/question/29231564
#SPJ11
an illegal boycott has occurred when two or more business entities conspire to a) withhold their patronage to reduce competition. b) conduct a buyout and merger transaction. c) allocate specific territories for marketing purposes to certain firms. d) charge the same fees for specific services.
Answers
An illegal boycott has occurred when two or more business entities conspire to withhold their patronage to reduce competition.
A boycott is an agreement between two or more individuals to avoid doing business with a specific person or organisation. A mass boycott is prohibited under antitrust rules because it restricts trade, unlike a boycott by a single company or one by customers of a specific company.
When two or more companies conspire against one another or decide to stop doing business with one another in order to lessen competition, this is known as an illegal boycott. A collective boycott is prohibited by antitrust rules.
To learn more about boycott refer here
https://brainly.com/question/11376362#
#SPJ4