1. The amount borrowed (present value) with a monthly mortgage payment of $1,200 for 30 years at 5.5% APR, is $211,350.
2. The question is asking you to compute the a.The present value of an annuity.
What is the present value of an annuity?An annuity involves regular periodic payments.
Its present value is the discounted annual payment.
We can the present value of an annuity using an online finance calculator as follows:
N (# of periods) = 360 months (30 years x 12)
I/Y (Interest per year) = 5.5%
PMT (Periodic Payment) = $1,200
FV (Future Value) = $0
Results:
Present Value (PV) = $211,346.12
Sum of all periodic payments = $432,000 ($1,200 x 360)
Total Interest = $220,653.88
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Question 2 Completion with Answer Options:a.The present value of an annuity.
b.The future value of an annuity.
c.The present value of a single payment.
d. The future value of a single payment.
What should you do before making a budget?
Answer: Review your financial history
Answer:
I think you are mistaken
Explanation:
If you are new to brainly, you are supposed to ask questions and then others provide answers. Then people looking for results search up stuff and see q and a between you and whoever answered.
Answer:
C
Explanation:
Review your financial history.
Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.
A. Other businesses
B.Employees
C.the government
D.charity organizations
Answer:
B. Employees
Explanation:
What is normative economics concerned with?
Answer: Normative economics is concerned with value judgements.
Explanation: It deals with the study of and presentation of policy prescriptions about economics. Normative statements are statements which cannot be supported or refuted by evidence. Ultimately, they are opinions about how economics and markets should work.
Answer:
Normative economics focuses on the value of economic fairness, or what the economy "should be" or "ought to be." While positive economics is based on fact and cannot be approved or disapproved, normative economics is based on value judgments.
Explanation:
How does “principal” relate to an auto/college loan?
The relation of “principal” to an auto/college loan is given below:
What is principal?
The term "principal" refers to the amount of money borrowed in a loan, not including interest. In an auto loan or college loan, the principal is the initial amount of money that the borrower receives from the lender.
For example, if you take out a $20,000 auto loan to purchase a car, the principal of the loan would be $20,000. This is the amount of money that you receive from the lender to purchase the car.
Interest is a fee that the lender charges the borrower for the use of the money. The interest is typically expressed as a percentage of the principal and is paid over the term of the loan.
For example, if the interest rate on the $20,000 auto loan is 5% per year and the loan term is 5 years, the total interest paid over the course of the loan would be $2,500 (5% of $20,000 per year for 5 years). This means that the total cost of the loan, including both the principal and the interest, would be $22,500 ($20,000 principal + $2,500 interest).
Hence, the principal of a loan is the initial amount of money borrowed, while interest is a fee charged by the lender for the use of the money.
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the price of an item is usually high when the number of people wanting to buy it is
Answer:
High
Explanation:
When the number of customer willing to buy increases, the demand for that product also rise. According to the law of supply and demand, an increase in demand without a subsequent increase in supply results in an increase in the buying price.
An increase in the number of buyers increases competition for the few available goods. Sellers will take advantage of high demand and increase prices to make more profits. Therefore, when there more people willing to buy a product, its price tends to increase.
1. Which of the following is the term for the overall impression gathered from information
that is seen, heard and experienced by customers who encounter a business, its products
and services?
A. Brand promise
B. Positive feeling
C. Company culture
D. Company brand
The answer is D company brand
Company brand is the term for the overall impression gathered from information that is seen, heard and experienced by customers who encounter a business, its products and services. Hence, option D is correct.
What is a Company brand?The brand of a firm serves as its identity and is one of the most valuable aspects of the enterprise. Consumers recognize brands, and rivals are wary of them. The marketing of a company's products must include strong company branding.
Despite the fact that brands are typically immaterial, we frequently connect them to things like products and names. Apple, Nike, Coca-Cola, Advil, and Tylenol are a few examples.
A firm is made up of workers who cooperate to accomplish a common objective. A brand, which is the personality of the company, is represented through specific aspects of the goods that a company makes. For instance, an apple may serve as the company's logo, mascot, and social media icon for an apple packaging company.
Thus, option D is correct.
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Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.
20
Explanation:
I took the text to day its 20
US farmers start cutting down their pecans groves to make more land available to plant more profitable crops would cause the supply of
pecans to what?
A. Increase right
B. Decrease left
C. Not change
Answer:
b
Explanation:
cuz
Answer:
I would say that it would decrease
Explanation:
What are some tasks commonly performed in Consumer Services jobs? Check all that apply. Explaining paperwork giving spiritual guidance handling questions and complaints documenting information providing grooming services planning activities and events.
Answer:
A, C, and D
Explanation:
I just did it
Answer:
A, C, and D
Explanation:
what was your favorite movie ever?
What was the last book you read?
Do you believe in aliens?
What is your star sign?
What is the best gift you've ever given someone?
Would you rather spend the day inside or outside?
Do you shower at night or in the morning?
OJT is best for large groups.
True
False
jeremiah purchases sterling silver necklaces and bracelets from native american artisans and sells the items to jewelry stores and gift shops. what kind of buyer is jeremiah?
Jeremiah is played as the intermediary buyer,
As a buyer, Jeremiah plays a crucial role in the supply chain of the jewelry industry. He is responsible for finding and sourcing high-quality products from the artisans, negotiating prices, and ensuring that the products meet the specifications of the stores he sells to.
Jeremiah's target market is the jewelry stores and gift shops, which are the end buyers of his products. He needs to understand their preferences and requirements to be able to provide them with the right products.
In summary, Jeremiah is a buyer who sources and sells sterling silver jewelry to jewelry stores and gift shops. He plays a crucial role in the supply chain of the jewelry industry and needs to have a deep understanding of his target market to be successful in his business.
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Choose a picture of a family member, a friend, or a person that you admire in business, political, sports entertainment and other industries that motivate you to achieve your dream
Mohammed Ali was a professional boxer, philanthropist, and social crusader whose passion, perseverance, and desire to be the greatest in his area motivates me.
He exemplifies self-actualization, the highest level of Maslow's Hierarchy of Needs, because he not only attained professional achievement but also used his position to promote social change and better the lives of others.
His uncompromising devotion to his ideas and tireless pursuit of greatness served as a continual reminder to never settle for mediocrity and to strive for perfection in all aspects of my life.
What is Abraham Maslow's Hierarchy of Needs Theory?Abraham Maslow's Hierarchy of Needs Theory is a psychological theory that discusses how humans have a certain set of needs that must be addressed in order to achieve the ultimate goal of self-actualization.
Maslow's thesis is based on the idea that we are driven by our basic human needs. Furthermore, if some of our most basic requirements are not addressed, we may be unable to advance and meet our other needs. This may explain why we feel "stuck" or uninspired.
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Full question:
Choose a picture of a family member, a friend, or a person that you admire in business, politics, sports entertainment and other industries that motivate you to achieve your dream. Be creative wrth your answer. You can send your answer online or you can paste a picture inside.
Describe that person and based on Maslow's Hierarchy of Needs Theory explain how he/she motivates you and your desire to fulfil your dreams needs. Write your answer below.
Stahl Company is conducting a time-driven activity-based costing study In Its Shipping Department. To aid the study, the company provided the following data regarding Its Shipping Department and the customers served by the department: Number of employees Average salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 22 $38,000 52 40 80% Line-Item picking 5 Packaging 15 Loading Deliveries 30 Minutes per unit of the activity Number of line items picked Number of boxes packaged Number of deliveries loaded Customer L 210 32 6 Customer M 110 12 2 Customer N 60 14 10 All Customers 230,000 23,200 10,600 Required: 1. Using the customer cost analysis as demonstrated In Exhibit 5A-2 in your textbook, compute the following: a. The cost per minute of the resource supplied in the Shipping Department. b. The time-driven activity rate for each of Stahl's three activities. c.The total labor costs consumed by Customer L, Customer M, and Customer N. 2. Using the capacity analysis as demonstrated In Exhibit 5A-3 in your textbook, compute the following: a. The used capacity in minutes. b. The unused capacity in minutes. c. The unused capacity In number of employees. d. The Impact on expenses of matching capacity with demand. Complete this question by entering your answers in the tabs below. Required 1 Required 2 2 1. Using the customer cost analysis as demonstrated in Exhibit 5A-2 in your textbook, compute the following: a. The cost per minute of the resource supplied in the Shipping Department. b. The time-driven activity rate for each of Stahl's three activities. c. The total labor costs consumed by Customer L, Customer M, and Customer N. (For all requirements, round your intermediate calculations and final answers to 2 decimal places.) Show less A Required 1 Required 2 1. Using the customer cost analysis as demonstrated in Exhibit 5A-2 in your textbook, compute the following: a. The cost per minute of the resource supplied in the Shipping Department. b. The time-driven activity rate for each of Stahl's three activities. c. The total labor costs consumed by Customer L, Customer M, and Customer N. (For all requirements, round your intermediate calculations and final answers to 2 decimal places.) Show less S 0.38 S 1.90 S 5.70 a Cost per minute of the resource supplied b. Time-driven activity rate: Line-item picking Packaging Loading Deliveries c. Total shipping labor costs assigned to: Customer Customer M Customer N S 11.40 S 471.96 < Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 2. Using the capacity analysis as demonstrated in Exhibit 5A-3 in your textbook, compute the following: a. The used capacity in minutes. b. The unused capacity in minutes. c. The unused capacity in number of employees. (Round your answer to 2 decimal places.) d. The impact on expenses of matching capacity with demand. (Round down your potential adjustment in the number of employees to a whole number. Negative amounts should be indicated by a minus sign.) Show less a. Shipping minutes used to meet demand b. Unused capacity in minutes c. Unused capacity in number of employees d. Impact on expenses of matching capacity with demand 1,816,000 380,480 3.81 114,780 S < Required 1 Required 2 >
Cost per minute of the resource supplied: The cost per minute of the resource supplied in the Shipping Department is $0.38.
To calculate the cost per minute, divide the total salaries paid to employees by the total practical capacity of the Shipping Department: Total salaries paid to employees = 22 employees x $38,000 per employee = $836,000. Total practical capacity of the Shipping Department = 52 weeks/year x 40 hours/week x 60 minutes/hour x 80% practical capacity = 1,411,200 minutes
Cost per minute of the resource supplied = $836,000/1,411,200 minutes = $0.38 per minute. Time-driven activity rate for each of Stahl's three activities, Line-item picking: Time-driven activity rate = Cost per minute of the resource supplied x Minutes per unit of activity = $0.38/line-item picking minute x 210 line-item picking minutes per customer = $79.80 per customer for line-item picking.
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Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
In deciding whether to start their business, the founders of Netflix needed to determine if there were enough people interested in renting their DVDs through the Internet to make their investment worth the time and effort. They needed to determine the ________ of the venture.
a. expediency
b. feasibility
c. practicality
d. viability
The founders of Netflix needed to determine the feasibility of their venture in deciding whether to start their business.
What is venture feasibility about?"Feasibility" refers to the practicality or possibility of a proposed idea or plan. In this context, the founders needed to determine whether their idea of renting DVDs through the internet was feasible or achievable.
Venture feasibility refers to the assessment of the practicality, viability, and potential success of a new business idea or venture. It involves evaluating the market demand, the competition, the resources required, and the potential risks and benefits associated with the venture.
Ultimately, the goal of venture feasibility is to determine whether the potential benefits of the new venture outweigh the costs and risks, and whether the venture is worth pursuing.
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1. This bank statement is most likely for what kind of account? Provide at least two pieces of evidence from the statement that explain why. (2 points)
2. Which transaction on the bank statement is most likely a paycheck? How do you know? (1 point)
3. The owner of the account wants to buy a $750 refrigerator. Explain why this would be a poor decision right now, based solely on information shown on the bank statement. (1 point)
4. The owner of the account may have already overdrawn. what evidence from the statement indicates that this may be the case? (1 point)
The bank statement is for a current account. The evidence to show that's it's a current account include:
The check depositThe pending of some checks deposited and check#509 withdrawn.The transaction on the bank statement that is most likely a paycheck is the automatic deposit of $2055.
The owner of the account cannot buy the $750 refrigerator because he has a balance of $240.
The from the statement indicates that the owner of the account may have already overdrawn is because the total withdrawals are -$330.57.
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Answer:
The guy above really helped got a 100 on this because of this guy thank you.
Explanation:
what is the difference between the FBI and the CIA
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation:
Which item is most often included along with a resume as part of a job application?
A. Follow-up letter
B. Work samples
C. Acceptance letter
D. Cover letter
Answer:
D. Cover letter
Explanation:
A cover letter is sent together with a resume by a job applicant to a potential employer. The cover letter details the job the applicant is applying for.
While a resume shows the technical and work experiences of the applicant, the cover letter shows their personal side. The cover letter allows a candidate to demonstrate why they are the best for the position. A cover letter gives each candidate an opportunity to market themselves to the employer.
Testing is one of the means used for filtering the pool of applicants. We can classify various tests used in screening candidates into cognitive (mental) abilities, motor and physical abilities, and personality tests. • Discuss the main categories of tests used in screening candidates, • Identify the main sources background checking
Main Categories of Tests Used in Screening Candidates:Cognitive (Mental) Abilities Tests:
Cognitive abilities tests assess a candidate's mental capabilities and aptitudes. These tests measure various aspects of cognitive functioning, such as verbal reasoning, numerical reasoning, logical thinking, problem-solving, and critical thinking skills. They are designed to evaluate a candidate's intellectual potential and ability to process information effectively.Motor and Physical Abilities Tests:Motor and physical abilities tests are used to assess a candidate's physical capabilities and fitness for specific roles.
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he project management plan is formally approved at? O a. After the project is complete b. in comparison to other similar projects Oc. The Middle of the Project O d. The start of the project
The project management plan is formally approved at the start of the project.
The project management plan serves as a comprehensive document that outlines the approach, objectives, scope, timelines, resources, and other essential aspects of a project. It provides a roadmap for the project and serves as a reference point for the project team and stakeholders. The approval of the project management plan is a crucial step that ensures that all relevant parties are in agreement and aligned with the project's objectives and strategies before its execution begins.
Approving the project management plan at the start of the project allows for clear expectations and understanding among all stakeholders involved. It ensures that everyone is on the same page regarding the project's goals, deliverables, constraints, and resource allocation. This early approval also sets the foundation for effective project execution, as it provides a solid framework for decision-making, risk management, and project control throughout the project's lifecycle. By approving the project management plan at the start, any necessary adjustments or changes can be made before significant resources and efforts are invested, reducing the likelihood of costly rework or misunderstandings later on.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
Question on Audit & Assurance
Question 1)
The firm of Bureck & Co, where you work as an audit senior, is a Chartered Certified Accountants. After the senior on the engagement falls ill, you are temporarily appointed as audit senior to the audit of Sultana Co, a scaffolding supplier to the construction industry. Currently, you and the junior members of your audit team are analysing the audit files and discussing the audit as it nears completion for the year ending 30 September 2021 for Sultana Co. The draught financial accounts of Sultana Co. show revenues of £12.5 million, a net profit of £400,000, and total assets of £78 million.
After going through the audit files, you've discovered the following information.
Cherry Co, a major customer with whom Sultana Co has several substantial contracts, declared bankruptcy after the end of the year. Efforts to wind down the business have already begun. There are administrators who believe that the corporation can pay about 25 percent of the debt to Sultana Co. This customer has a trade receivable of £300,000 on Sultana Co's financial statement. The audit's management has also been questioned by a member of the audit team who is a junior. The following is what the junior said.
‘Prior to being assigned to the audit team of Sultana Co., I had only worked on two other projects' Despite my expectations, there was no pre-audit meeting where the partner and other senior auditors would discuss the audit. Another problem is that a senior audit manager has been in charge while the audit manager has been on vacation for three weeks and has been replaced. As a result of this, the senior could not always be contacted.'
"I was tasked with auditing the goodwill resulting from an acquisition made during the year." I also participated in the inventory audit and count, which was quite complicated because Sultana Co has a substantial amount of ongoing projects. I endeavoured to be as helpful as possible during the count and assisted the client's staff in counting a portion of the raw materials. As I had participated in the inventory count, the audit senior requested that I question the finance director about the adequacy of the provision against inventory, which the senior felt was grossly understated.
'Finally, we discovered that we were out of time to complete our audit procedures. As a means of saving time, the audit senior advised that we reduce the sample sizes used in our tests. When conducting audit sampling, he also suggested that we select items that would be easy when carrying out audit sampling'
Required:
a) comment on the issues to be taken into consideration as well as an explanation of the audit evidence you can expect to find when reviewing Cherry Co's trade receivable file is required. (6marks)
(b) Analyze the issues of the audit junior on the audit management of Sultana Co. (14 marks)
a) The issues include the impact of Cherry Co's bankruptcy, recoverability of the outstanding amount, and the need for impairment provision
b) While concerns involve the absence of a pre-audit meeting, challenges in contacting the senior audit manager, limited experience of the junior, and suggestions to reduce sample sizes and select easy items during audit sampling.
How should the review of Cherry Co's trade receivable file be approached considering bankruptcy, recovery rate, and provision?Furthermore, what concerns are raised by the audit junior regarding the audit management of Sultana Co?When reviewing Cherry Co's trade receivable file, several factors need to be taken into consideration.
Firstly, the bankruptcy of Cherry Co raises concerns about the collectability of the trade receivable. The estimated recovery rate of 25 percent provided by the administrators should be assessed for reasonableness and its impact on the financial statements evaluated.
Secondly, the adequacy of the provision for doubtful debts needs to be examined. Given the uncertain nature of the receivable, it is important to assess whether the provision reflects the potential credit losses accurately.
The audit team should review the supporting documentation, correspondence with Cherry Co, and assess any subsequent events that may affect the collectability of the debt. This review will provide the necessary audit evidence to evaluate the recoverability of the trade receivable.
Additionally, discussions with the administrators can provide valuable information regarding the financial status of Cherry Co and the likelihood of recovery. The auditor may need to consult legal opinions and expert advice to evaluate the recoverability of the debt accurately. Based on this assessment, appropriate adjustments and provisions should be made to reflect the potential loss arising from Cherry Co's bankruptcy.
The concerns raised by the audit junior regarding the audit management of Sultana Co highlight several issues that need to be analyzed. Firstly, the absence of a pre-audit meeting where the partner and senior auditors discuss the audit raises questions about the adequacy of planning and coordination.
This lack of communication can hinder the efficient execution of the audit and compromise the quality of the work performed. Secondly, the prolonged absence of the audit manager and the challenges in contacting the senior audit manager raise concerns about the availability and accessibility of key personnel for guidance and supervision during the audit.
In analyzing these issues, it is essential to assess whether proper planning, supervision, and delegation of responsibilities were in place, and whether the assigned personnel had the necessary competence and experience.
Additionally, it is crucial to evaluate the impact of these issues on the audit's overall effectiveness, the reliability of the audit evidence obtained, and the accuracy of the financial statements.
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How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
Greg and Jerry are depositing money into savings accounts. Greg deposits $500 into an account
for 2 years with 2% interest. Jerry despots $700 into a different account for 1 year with 3% interest.
Who eams the greatest overall percent interest? Show your work and explain.
Answer: Jerry
Explanation:
Greg deposits $500 into an account for 2 years with 2% interest, the interest gotten will be:
= $500 × 2 × 2%
= $500 × 2 × 0.02
= $20
Jerry despots $700 into a different account for 1 year with 3% interest, the interest gotten will be:
= $700 × 1 × 3%
= $700 × 1 × 0.03
= $21
Based on the calculation, Jerry makes a greater interest.
An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answer:
a hiring kiosk.
Which of the following correctly expresses the avenue through which expansionary monetary policy affects output in the standard model?...
Expansionary monetary policy leads to lower interest rates, which raises investment and leads to higher output.
Expansionary monetary policy affects output in the standard model by lowering interest rates, which in turn raises investment and leads to higher output.
Expansionary monetary policy refers to the actions taken by a central bank, such as decreasing interest rates or increasing the money supply, to stimulate economic growth and increase aggregate demand. In the standard model, when the central bank implements expansionary monetary policy, it aims to lower interest rates.
Lowering interest rates has a direct impact on investment. When interest rates are lower, it becomes cheaper for businesses and individuals to borrow money for investment purposes. As a result, investment spending increases, leading to an expansion of productive capacity and output in the economy.
The reduction in interest rates also encourages consumer spending. Lower borrowing costs make it more affordable for individuals to finance purchases such as homes, cars, and other goods. This increase in consumer spending further boosts overall demand and contributes to higher output levels.
To summarize, expansionary monetary policy's avenue to affecting output in the standard model involves lowering interest rates. This action stimulates investment and consumer spending, ultimately leading to increased output and economic growth.
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2023 leaf’s battery pack is located beneath the floor of the passenger compartment. What are the advantages of this platform?.
If 2023 leaf’s battery pack is located beneath the floor of the passenger compartment. The advantages of this platform is: It help to effectively maximize passenger as well as cargo space.
2023 leaf’s battery packThe advantages of this platform in a situation were 2023 leaf’s battery pack is found beneath the floor of the passenger compartment includes the following:
It helps to effectively maximize passenger and cargo spaceThe low center of gravity helps to effectively enhance handling.Therefore The advantages of this platform is: It help to effectively maximize passenger as well as cargo space.
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Which type of organizational structure has multiple managers having authority over an employee
A.point structure
B.line structure
C.staff structure
D.functional structure
Answer:
I believe it’s line structure
Explanation: