The approximate amount of the first mortgage will be $263,340
A mortgage is a contract between you and a lender that provides the lender the right to repossess your property if you don't pay back the loaned funds for the purchase or refinance of a house.
When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. To purchase a property or borrow money against the value of a home you currently own, you can use a mortgage loan.
Given A property is valued at $342,000. there is a first and second mortgage with an 85% cltv. the second mortgage has an 8% ltv
We have to find approximate amount of the first mortgage
$342,000 time 85% equals $290,000 (first mortgage)
$342,000 times 8% equals $27,360 (second mortgage)
$290,000 -$27,360 = $263,340
Hence the approximate amount of the first mortgage will be $263,340
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a one-page summary about Jeff bezos
Jeff Bezos is America's known entrepreneur, the second richest man in the world. He is executive chairman and former president of Amazon.
What is Amazon?Amazon is an e-commerce company where the buyer sells its product and the seller purchases. The organization amazon was founded in the year 1994, when Jeff Bezos started the organization Amazon from his garage.
Jeff Bezos have an estimated net worth of $150 billion. He quitted his job in 1994 and started a virtual book store from his garage. He only had a few employees at the start of this organization but this eventually have turned in to almost 1.5 million employees to date.
This achievement was all because of his hard work, innovation and creativity. The creative idea of online store have turned the tables and is widely used, the innovation was much needed.
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SEARCH WHAT IT TAKES TO BE A GREAT LEADER!!!!!!!!!!!!!
Torres says that many of us “carry this image of this all-knowing superhero who stands and commands and protects his followers”. She also says this is somewhat outdated. Do you agree? Why or why not? Describe what image comes to mind for you when you think of a great leader.
Answer:
I agree, because I want to lead other and not to be a follower. I think that a leader is a protector, and leads others to the right direction.
Explanation:
I agree with Torres because I also want to be a leader not follower. A great leader is one who is kind, protective and humble.
What defines a great leader?An effective leader knows what it will take to achieve their team's objectives and has a common vision that is in line with their fundamental beliefs.
They lead, manage, and encourage their teams to work imaginatively and self-assuredly towards that common goal. A leader gives their team members the tools they need to embrace their own individual leadership traits and act with passion and independence. Additionally, they encourage and motivate employees to continue making long-term progress and showing enthusiasm for teaching their objectives.
Therefore, I agree with Torres sayings and a great leader should be protective and humble.
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what is the difference between a supermarket and a hypermarket
Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?
The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.
By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.
Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.
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What economic strategy did Franklin Roosevelt use?
Economic strategy did Franklin Roosevelt use to the role of the federal government in the nation's economy.
Economic strategy refers to the strategy in which new and rapidly developing area of economic consulting, which include the application of economic principles and methods to provide clients with unique insights to aim at addressing specific problems or enhancing their long term performance .
Roosevelt believed the national government to start including the federal money. The first major help to large numbers of jobless Americans was the Federal Emergency Relief Act.
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Enter text- Apply A text Effect
a project has a discounted payback period that is equal to the required payback period. given this, which of the following statements must be true?
If a project has a discounted payback period that is equal to the required payback period, then it means that the cash flows of the project are being discounted at the required rate of return.
In this case, the net present value of the project would be zero, since the present value of the cash inflows would be equal to the present value of the cash outflows. Therefore, the project would be expected to break even, but it would not generate any additional value or profits.
This means that the project is acceptable, but not necessarily desirable, as it would not provide any additional return beyond the required rate of return.
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
The United Nations (UN) has many goals. Which statement below is one of its goals?
Question 2 options:
to provide tax cuts to the ultra wealthy throughout the world
to promote anti-vaccination campaigns
to end extreme poverty
to stay out of assisting in national elections, leaving the issue of voting to each individual nation or country
Answer:
to promote anti- vaccination campaigns
answered
Sita and Zoya are two friends
belonging to Hindu and Muslim
religion. They start a
business of handicrafts together. They decide to
open the factory in rural area and give
employment opportunities to local residents.
a) Which form of business organisation have they
opted?
1 SEE ANSWER
They have chosen the partnership business structure:
Describe a partnership:In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
What is a partnership and what are its benefits?If there are less than 20 people involved and restricted liability is not required, think about forming a partnership. One benefit of a cooperation is that: Two or more heads are preferable to one. Your company is simple to launch and has modest startup expenses. The business has access to extra funding.
Briefing:In small- and medium-sized businesses, partnerships are a common type of company structure. One individual is unable to manage the growing scale of the company on their own. Therefore, a partnership between two or more people is formed to conduct business. The issue with sole proprietorships is beginning to be solved by this type of firm.
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Imagine you are an economic adviser to the Commonwealth Government. The Prime Minister wants to increase spending on public transport in major cities, but does not want to raise taxes. Identify alternative sources of revenue for the government to fund its new initiatives.
Answer: A combination of 1) Increased public transportation fees, 2) raise the gasoline tax, 3) increase or institute highway tolls, or 4) reduce the road construction budget and use that money for public transportation.
Explanation:
Actions 2-4 would provide incentives to use public transportation.
WILL GIVE BRAINLIEST< TOPIC : why kids should not have social media
Step 3 and 4: Revision, Proof and Editing
Now that you have put in all the hard effort to create a draft, it is time to revise and polish it. Go back and review table 7.1. Once you have finished, revise, edit, and proofread your essay. You should read your essay at least three times total as you revise, edit, and proofread.
Show your teacher your marked up copy.
Hold on to your Final Draft of your Persuasive Essay until the Unit Test. You will submit it then for the final grade.
One reason why kids should not have social media is potential for exposure to inappropriate content.
What is social media?Social media refers to digital platforms and applications that allow users to create, share, and exchange user-generated content, ideas, and information. These platforms facilitate communication and interaction among individuals and groups in virtual communities, enabling users to connect and interact with others who share common interests, experiences, or backgrounds. Social media come in various forms, including social networking sites; media-sharing sites; messaging; and discussion forums and online communities. Social media has become an integral part of modern communication, offering a range of benefits and challenges for users, including increased connectivity, access to information, and potential for social influence, as well as privacy and security concerns.
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What type of advertising aims to spread a particular social message or to promote public welfare?
A.
corporate advertising
B.
retail advertising
C.
product advertising
D.
public service advertising
Answer:
D, Public service advertisements
Explain how saving a portion of your money can help you achieve financial well-being. (Tell me how saving a little bit of your money can help you have less problems with money.)
A company's total cost of FIFO inventory was $329,000 and its current replacement cost is $307,000. Under the lower cost or market, the amount reported should be $329,000.
a. True b. False.
b. False
Lower of cost or market (LCM) is an accounting method used to report inventory at the lower of its historical cost (FIFO cost in this case) or its current market value (replacement cost in this case).
The purpose of LCM is to ensure that inventory is reported at a conservative value and to account for any potential losses due to obsolescence, damage, or other factors that may cause the market value of the inventory to fall below its historical cost.
In this scenario, the company's total cost of FIFO inventory is $329,000, but its current replacement cost is only $307,000. According to the LCM rule, the inventory should be reported at the lower of these two values, which is $307,000.
Therefore, the correct answer is b. False. The amount reported under lower cost or market should be $307,000, not $329,000.
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The – is a powerful tool for the president to set the policy agenda by – policy proposals to congress.
A legislative initiative is a powerful tool for the president to set the policy agenda by recommending policy proposals to congress.
The right of competent individuals and institutions to launch for the consideration of a legislative body a bill or proposal to enact a new amendment or a law or revoke existing legislation is referred to as legislative initiative. The legislative initiative implies the obligation to discuss the involvement of the bill on the agenda of the legislative body. The legislative initiative is the beginning stage of the legislative process. As a rule, legislative acts or constitutions determine who has the right to legislative initiative.
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reid incorporated received a $90,000 cash payment, of which only $50,000 was taxable income. if reid's marginal tax rate is 40%, compute reid's after-tax cash flow. multiple choice $54,000 $50,000 $30,000 none of these choices are correct.
Reid's cash flow was $70,000 after taxes ($90,000 in pre-tax cash minus $20,000 in tax on $50,000 in income).
The correct answer is none of these
Who Pays Taxes?Taxes are mandatory payments that citizens or corporations must make to their local, state, or federal government. Tax revenue is used to pay for public projects and programs like Medicare and Social Security as well as infrastructure like roads and schools.
What does it mean to be an excise tax?In the United States, the word "excise" has at least two different meanings: (A) anything tax other than a property tax and capitation (i.e., an excise is indeed an indirect tax in the sense of constitutional law); or (B) a tax that is simply referred to as an excise.
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identify ten entrepreneur and classify them under the types of entrepreneur
Answer: There are only five types of entrepenuer...
1. Skeptical entreprenuer: Sees the success of others and questions it.
2. Copycat entreprenuer: Sees the success of others and copys them exactly.
3. Research entrepreneur: They research every possible scenario and outcome for strategies to start or grow a business...
4. The determined entrepreneur: - hasn't made it yet- but will.
5. The accolmplished entrepreneur: Has gone through all types of entrepreneur and has built success from it.
Explanation: Hope this helps!
CORRECT ANSWERS ONLY!
1:After your first two years of college, you earn your master’s degree.
False
True
2:An MBA should only appeal to people who want to run a business.
True
False
3:You only need to get a minor if you think you will want to make a career change later in life.
False
True
4:There are two different kinds of bachelor's degrees, a Bachelor of Science and a Bachelor of Arts.
True
False
Answer:
1. False
2. True
3. False
4. False
Explanation:
1. Associate degree
2. A masters in business administration would be an asset to someone wanting to run a business
3. A minor is a great way to augment skills
4. There is also a bachelors of fine arts
the year the volleyball was introduced
Answer:
The Year was 1895
Hope that helps!
Suppose the interest rate is 8.8% APR with monthly compounding. What is the present value of an annuity that pays $88 every 6 months for 5 years? The 6-month effective interest rate is \%. (Round to three decimal places.)
the present value of the annuity is approximately 886.79.
To find the present value of an annuity, we can use the formula:
\(PV = PMT * (1 - (1 + r)^(-n)) / r\)
where PV is the present value, PMT is the payment amount, r is the interest rate per period, and n is the total number of periods.In this case, the interest rate is given as 8.8% APR, which means the monthly interest rate is 8.8% / 12 = 0.7333% or 0.007333. The number of periods is 5 years * 2 = 10, since the annuity pays every 6 months.
Now, we can substitute the values into the formula:
\(P V = $88 * (1 - (1 + 0.007333)^(-10)) / 0.007333\)
Using a calculator, we find that\((1 + 0.007333)^(-10)\) is approximately 0.92623. Plugging this into the formula, we get:
\(P V = $88 * (1 - 0.92623) / 0.007333\)
Simplifying further:
\(P V = $88 * 0.07377 / 0.007333\)
\(P V ≈ $886.79\).
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flowcharts show activities, decision points, and the order of how information is processed.
true or false
Flowcharts are visual representations of processes or workflows that show the sequence of activities, decision points, and the order in which information is processed. So the answer is true.
They are often used to map out complex systems or to plan and improve business processes. Flowcharts can be helpful in identifying bottlenecks, inefficiencies, or areas for improvement in a process.
They can also serve as a communication tool, making it easier to explain a process to others or to identify potential issues before they occur. Overall, flowcharts are a useful tool for analyzing and improving processes in a variety of contexts.
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What is the main purpose of a market?
To provide a method to raise government taxes
To allow for the exchange of products
To provide a place for buyers to spend time
To provide jobs for sellers
Can someone answer this for me pleaseeee
Answer:
let me doo it....
Explanation:
If you were to ask this question to 100 different business people, you would get a myriad of different answers. Some people would tell you that the purpose of marketing is to get your name out in the marketplace, and others will tell you marketing builds your brand name. A common response is that marketing assists in generating leads that are then passed over to the sales team and the others will say marketing generates sales. Then there are people that will say that marketing builds brand awareness.
The truth is that all of these answers are correct. They are results of what occurs when your marketing and advertising efforts are working.
The purpose of marketing however, cannot be answered simply. In this post, I break down three main objectives that successful marketing strategy should always aim to achieve.
Objective #1: Capture attention
Capture the attention of your target market/prospects. This seems simple enough to do, however, it requires strategic planning and implementation to do so. Most of the time, I see people doing this incorrectly. We ensure that you’re doing this the right way.
Objective #2: Educate prospects
Guide you prospects with educational information to help them make the best possible purchasing decision. Provide them with information to facilitate their buying decisions for your product or services.
People are searching for a solution that your provide. It’s important that you’re providing them with the information they’re looking for during their purchasing decision, or the “Buyer’s Journey” which is why you need to guide them through this process. You need to prove that you’re the expert at what you do, and if you’re not providing them with the right information, they’ll turn to your competition, as they are answering their burning questions. People trust brands that offer support, and provide them with relevant and educational content. Position yourself as the expert in your space and provide as much knowledge as you can that’s relevant to what you’re selling.
Objective #3: Convert
Give your customers a specific, low-risk, easy-to-take action that further facilitates their ability to make a good decision. Lower the risk of taking the next step in the buying process so you can further educate them.
You can’t cram everything that a person needs to know into one ad. You have to find a way to give them more information when and where they need it most. You need to provide reports, ebooks, case studies, blogs, and other marketing materials so that you’re reaching them the way they want to be reached.
well now its done!!!
Every year the hospitality and tourism industry spends less and less on sales promotion.
O False
O True
Answer:
false
Explanation:
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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which one of the following states that investors cannot consistently earn positive excess returns?
The Efficient Market Hypothesis (EMH) is the theory that states that investors cannot consistently earn positive excess returns. Therefore Option C is correct.
What is Efficient Market Hypothesis (EMH)?The Efficient Market Hypothesis (EMH) is a hypothesis in financial economics that asserts that financial markets are "informationally efficient." It implies that the current market prices always reflect all available information and, as a result, investors cannot consistently earn positive excess returns.
According to the EMH, the stock market is like a random walk that is unpredictable and hard to forecast. It implies that new information is instantly reflected in the current stock prices, making it impossible to earn a consistent excess return over time. Therefore, any effort to outperform the market is futile under this hypothesis.In conclusion, the Efficient Market Hypothesis (EMH) states that investors cannot consistently earn positive excess returns.
Therefore Option C is correct.
Complete question is as follows-
1. Which one of the following states that investors cannot consistently earn positive excess returns?
A. market return hypothesis
B. current market hypothesis
C. efficient market hypothesis
D. risk-return theory
E. excess theory
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What is inflation?
Movement, whether upward or downward, of economic activity
Monetary value of final goods and services produced within a country for a specific time period.
The rate at which the price level of goods and services rises.
A measurement used by economics to measures average prices of a market basket of consumer goods and services.
Theory x focuses on the idea that employees are not motivated and do not like work. true false
True. Theory X focuses on the idea that employees are not motivated and do not like work.
Theory X, developed by Douglas McGregor, assumes that employees inherently dislike work and lack motivation. According to Theory X, employees require strict supervision, external control, and the use of rewards and punishments to ensure productivity.
It portrays employees as being inherently lazy, avoiding responsibility, and needing direction and oversight to perform their work effectively.
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What factor reflects the ‘cost of money’? The ‘cost of money’ is reflected in the