Since the cost of the third-party offer is less than the cost of doing the background check in-house, STE should accept the third-party offer.
To determine the cost of doing the background check in-house, we can use the following formula:
Cost = (Number of searches * Cost per search) + Fixed cost
For in-house:
Cost = (3,300 * $2.24) + $28,000 = $7,912 + $28,000 = $35,912
For the third-party offer:
Cost = (3,300 * $8.00) = $26,400
Since the cost of the third-party offer ($26,400) is less than the cost of doing the background check in-house ($35,912), STE should accept the third-party offer.
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When a company receives a utility bill but will not pay it right away, it should:
Answer:
C. debit Utilities Expense and credit Accounts Payable.
Explanation:
Exercise 1-25 (Algo) Analyzing return on assets LO A2 Swiss Group reports net income of $25,000 for the year. At the beginning of the year, Swiss Group had $185,000 in assets. By the end of the year, assets had grown to $235,000. What is Swiss Group's return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 7% return on assets?
Return on assets = Net income / Average total
The Swiss Group's return on assets for the current year is 13.5%.
Swiss Group performs better than its Competitors.
Return on Assets:
The term return on assets (ROA) refers to a financial ratio that indicates how profitable a company is relative to its total assets. Company executives, analysts, and investors can use her ROA to determine how efficiently a company is using its assets to generate profits.
Net Income:
Net income is the money you might have on hand after deducting taxes and deductions from your salary. For a business, net income is the money left after paying operating expenses, administrative expenses, cost of goods sold, taxes, insurance, and all other operating expenses.
According to the Question:
For the tear 2019, net income is $25000
Beginning of the year 2019, asset of the S are 185,000
Ending of the year 2019, asset of the S are 235,000
Average asset for 2019 = Beginning assets + Closing assets / 2
Average asset for 2019 = 185,000 + 235,000 / 2
Average asset for 2019= $250,000
Therefore,
Return on assets = Net income / Average assets * 100%
= 25,000 / 185,000 * 100
=13.5%
Thus, the return on assets is 13.5%
If the average return of assets of the competitors are 7%, It means S uses the assets efficient manner, so performance of the S is very good ad return of the S is higher than competitors on asset.
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which statement supports the idea that good marketing is not an easy task?
Each year, thousands of new items fail on the market. A comparatively modest amount of new products are introduced to the market each year. The product's creators, not the marketing department, are in charge of promoting new items.
Which of the marketing-related assertions that follow is true?In order to generate demand for a company's products, marketing is a tactic that is used to raise awareness of the items. The company's revenues are boosted as a result. There'll be more jobs in the industry as a result of increased production activities as the demand for the items rises.
Which among the following best sums up what marketing is?A company should devote all of its efforts and resources to satisfying the requirements of its clients while turning a profit.
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Complete question:
Which statement supports the idea that good marketing is not an easy task?
Thousands of new products fail in the marketplace each year.The number of new products that enter the marketplace each year is relatively small.The promotion of new products is being handled by the developers of the product and not the marketing team.when a project manager first recognizes that a project is in trouble, one of the options available to the manager is .
When a project manager first recognizes that a project is in trouble, one of the options available to the manager is delaying the project deadline.
Who is a project manager?
An expert in project management is referred to as a project manager. Regardless of the industry, project managers are responsible for the planning, acquisition, and execution of any activity with a specified scope, defined start, and defined conclusion. Before the issue escalates to higher authorities, project managers serve as the initial point of contact for any concerns or conflicts occurring among the heads of several divisions inside an organisation.
A project manager is in charge of managing the project. Rarely doing so directly, this person instead works to keep the various parties' jobs moving forward, interacting with one another, and achieving their goals in a way that minimises the likelihood of an overall failure, optimises rewards, and minimizes the cost.
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Adam Smith believed that freedom was vital to the survival of any economy, especially the freedom to own land or property and the freedom to keep the profits from working the land or running a business.
The freedom to own land or other property, as well as the freedom to keep the income earned from farming or operating a company.In his opinion, if given the opportunity, people will work hard.
How did Adam Smith define freedom?The freedom to own land or other property, as well as the freedom to keep the income earned from farming or operating a company.In his opinion, if given the opportunity, people will work hard.Smith argued that allowing everyone the freedom to produce and trade goods as they pleased (free trade) and opening the markets to domestic and foreign competition would encourage people's natural self-interest to promote greater prosperity than could be achieved by imposing strict government regulations.Smith thought that an atmosphere of unrestricted competition that followed "natural laws" at a universal level was the greatest place to promote economic development.Smith's economic ideas served as the foundation for classical economics because it represented the most organized and thorough study of economics to that point.To learn more refer freedom refer
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the government imposes a tax on gasoline. gasoline buyers bear most of the tax burden if demand for gasoline is less elastic
Yes, that is correct. If demand for gasoline is less elastic, it means that consumers are not very sensitive to changes in price and will continue to purchase roughly the same quantity of gasoline even if the price goes up.
In this case, the tax will result in a significant increase in the price of gasoline, and consumers will bear most of the burden of the tax in the form of higher prices. This is because they will continue to buy the same quantity of gasoline, but at a higher price, so the majority of the tax burden will be passed on to them. On the other hand, if demand for gasoline is more elastic, then consumers will be more sensitive to price changes, and they will likely reduce their consumption of gasoline in response to a higher price. In this case, the tax burden will be shared more equally between buyers and sellers, with buyers paying some of the tax in the form of higher prices and sellers receiving some of the tax in the form of lower quantity sold.
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planning has been completed on the project you are managing and all team members have been provided with their assignments. a month before working on a critical project task, one of the team members pulls you aside. they mention that while they will be working on the critical project task, their regular manager mentioned that they may be needed to work on another important task that occurs during the same period. you meet with the team member's manager and confirm the information is accurate. which action should you take next? answers a. meet with the team member's manager in two weeks' time to confirm if the team member will be available b. do nothing, as there is a possibility that the team member will still be able to work on the project task c. refer to the risk register and implement the contingency plan d. assign another team member to the critical project task
Compared to the later stages of the project, the project manager should be more proactive in managing the project stakeholders throughout the project's commencement and planning phases.
How can project managers make an effort to guarantee on-time project completion?Making a list of the actions that must be accomplished in order to deliver your project will solve this problem quickly. It may be advantageous to arrange these jobs in the form of a WBS, a project management chart that aids in the visualization of projects and their subtasks, when dealing with complex projects.
What is the most crucial thing a project manager can do to maintain the course of a project?Reduce the scope of the project into manageable daily, weekly, or monthly activities to avoid feeling overburdened. Assign tasks to team members and provide a deadline for each. Reaching the ultimate objective is made possible by finishing each task.
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daniel runs a bakery. the cash flow estimate for the bakery is $95,600, with a 35% probability, and $60,500, with a 65% probability. the present value factor is 0.95238. given this information, what is the expected cash flow?
The expected Cash flow will be $72,785
The weighted average of the two potential cash flows, using their respective probabilities as weights, can be used to calculate the expected cash flow.
Expected cash flow is equal to (95,600 * 0.35 + 60,500 * 0.65) which translates to 33,460 + 39,325 = 72,785.
The predicted cash flow can then be multiplied by the present value factor to determine the present value of the expected cash flow.
Present value: 72,785 multiplied by 0.95238, or 69,149.51
As a result, Daniel's bakery's predicted cash flow has a present value of roughly $69,149.51.
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jffc deposited $5,300 into an investment account earning 8% a year ago. they plan to spend this on a capital expenditure (machinery) in four years from now. jfcc is depositing an additional $7,100 into the account today and then will be making a final $9,300 deposit next year. what will be the total value of their account when they are ready to invest in the machinery?
JFFC's investment account will have a total value of $26,772 when they are ready to invest in the machinery in 4 years from now.
What will be the total value of their account when they are ready to invest in the machinery?To calculate the total value of JFFC's investment account, we need to consider the following:The initial deposit of $5,300The additional deposit of $7,100 todayThe final deposit of $9,300 next yearThe interest earned on the investmentInitial Deposit:JFFC deposited $5,300 into the investment account a year ago.Additional deposit today:JFFC is depositing an additional $7,100 into the account today.Final deposit next year:JFFC will make a final deposit of $9,300 next year.Interest earned on the investment:The investment account earns 8% interest per year.The investment has been active for 1 year already, and JFFC plans to spend the money in 4 years from now.This means the investment will earn interest for another 3 years.Initial deposit + additional deposit + final deposit = $5,300 + $7,100 + $9,300 = $21,700Total interest earned = ($21,700 x 8%) x 3 = $5,072Final total = $21,700 + $5,072 = $26,772JFFC's investment account will have a total value of $26,772 when they are ready to invest in the machinery in 4 years from now.To learn more about investment refer:
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question content area the posting reference columns are used to trace transactions from the accounts to the journal. what will be entered in the posting reference column of (1) the journal and (2) the account? a.(1) the journal page number and (2) the account number b.(1) the account number and (2) the journal page number c.(1) the amount of the debit or credit and (2) the journal page number d.(1) the journal page number and (2) the date of the transaction
In the posting reference column (1) the account number and (2) the journal page number will be entered.
A column in the general journal called a posting reference column, or PR for short is used to show when entries have been posted to ledger accounts. To put it another way, it's a column in the journal that enables bookkeepers to mark the journal entries that have already been posted and keep track of the ones that will still need to be done in the future.
Traditionally, the general journal's PR column is between the debit and account description columns. The number of the posting account can be entered in the PR column next to the debit or credit when the bookkeeper posts journal entries to the ledger accounts.
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the classified balance sheet for a company reported current assets of $1,884,101, total liabilities of $814,540, common stock of $1,150,000, and retained earnings of $145,260. the current ratio was 2.9. what is the total amount of current liabilities?
At market value, current assets are assessed.Cost less the amount of depreciation is used to appraise non-current assets.Hence the total amount of non-current assets is $391,556.
What is the total amount of non-current assets ?At market value, current assets are assessed.Cost less the amount of depreciation is used to appraise non-current assets.
Investments, intellectual property, land, and machinery are some examples of noncurrent assets.A company's balance sheet lists its noncurrent assets.
In accounting, land is not a current asset; rather, it is categorized as a fixed asset, or non-current asset.
The values given are:
Total liabilities= $817,540
Common stock= $1,180,000
Retained earnings= $148,260
Current assets= $1,754,244
Therefore the non-current assets can be calculated as follows
Total liabilities+Common stock+Retained earnings-Current assets
$817,540+$1,180,000+$148,260-$1,754,244
= $2,145,800-$1,754,244
= $391,556
Hence the total amount of non-current assets is $391,556
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Create a job application including a cover letter and a resume. Make certain you have included your work and volunteer experience, education, and "selling points." Compare your resume to the job descriptions and respond to each of the questions asked. This should be a one- to two-page response thoroughly examining each question—this will prepare you for when you do apply for a job (if you have not already).
After reviewing the functions of human resource management identified early in the lesson, answer the following questions:
Identify the person from human resources whom you might engage. If it’s a small business, who do you think would be your contact?
Assume you were hired. What would human resources do for you as an employee? Discuss what benefits HR would offer and how, you believe, this would happen if you were to be employed in this position.
In a cover letter, you introduce yourself to potential employers and request that they consider your application. The letter is brief, often 3 to 5 paragraphs long.
What is Management?Management is the art of getting things done through and with the people in formally organized groups.
An efficient resume summary uses the following structure: Professional title (if applicable) with significant work history, plus top accomplishments (preferably measurable results) + Top Knowledge, Experience, and Values (relevant to the job and industry)
Reduce the length of cover letters to three to four paragraphs, not exceeding one page. Use an active voice while maintaining a confident, commercial enterprise-like tone. Don't start too many phrases with "I." Check for repetition and errors by reading your cover letter out loud.
Therefore, This is how you can create a job application including a cover letter and a resume.
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which of the following is the best definition of antagonism? competition for limited resources cooperation in utilization of resources production of products that interfere with the growth of others sharing the same environment without harming each other competition and production of products that interfere with growth
Option 2 is Correct. The best way to define antagonism is as the production of goods that hinder the development of others.
Parasitism is a sort of symbiosis in which one organism gains while the other suffers. Many pathogenic prokaryotes have a parasitic connection with humans because when they infiltrate the body, they produce toxins or infectious diseases that are harmful.
Microbes have developed a variety of competitive strategies in response to these circumstances, such as rapid growth to absorb resources, direct aggressiveness to remove or displace rivals, or different metabolisms that take advantage of and exploit the presence of competitors.
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Correct question:
which of the following is the best definition of antagonism?
1. competition for limited resources cooperation in utilization of resources.
2. production of products that interfere with the growth of others.
3. sharing the same environment without harming each other.
4. competition and production of products that interfere with growth.
Based on the data above, approximately how much greater is the average cost of electricity produced in the United States from offshore wind than from hydroelectric power?0.42 times greater0.88 times greater2.3 times greater3.9 times greater
Based on the data above, approximately how much greater is the average cost of electricity produced in the United States from offshore wind than from hydroelectric power 0.42 times greater
The group of natural events collectively referred to as electricity are those that are associated with the presence and motion of matter that carries an electric charge. The phenomena of electromagnetism, which has both magnetism and electricity as components, is described by Maxwell's equations. Electricity is a component of many common phenomena, including lightning, static electricity, electric heating, electric discharges, and many more.Existence of an electric charge—which could be positive or negative—creates an electric field. Magnetic fields are also produced by electric current, which is the result of moving electric charges.When a charge is placed in an area with an electric field that is not zero, a force will be exerted on it. Coulomb's law states that this force has a specific magnitude. Electric field alterations
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how might a dichotomous key be used to organize one's personal wardrobe? a. start with the smallest division of your clothing and then categorize into two separate divisions b. find the broadest division of your clothing and then separate these two divisions based on another difference c. first separate the clothes into as many small divisions as possible and then start lumping them into broader categories d. any of these methods is appropriate
The dichotomous key be used to organize one's personal wardrobe by b. find the broadest division of your clothing and then separate these two divisions based on another difference. It is because the principle of dichotomous key, we must separate the elements based on differences.
In the real life, or also organizational, A dichotomous key generally can be defined as an important scientific tool, used to identify different organisms, based the organism's observable traits. There are several aspect that involved in the Dichotomous keys, such as statements with two choices in each step that will lead users to the correct identification. In making a dichotomous key, we must separate the elements based on differences.
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what are the main components of a marketing plan?
The four major element of marketing plans are product, price, place and also promotion. The four major above help the business market to increase and achieve their goals.
In economic and business, Product strategy generally can be described as the high-level plan for developing and marketing a product. Beside that, product strategy also can be described as how the product supports the business strategy and goals, and is brought to life through product roadmaps. There are four major elements of business strategies, such as customer, competitors, macro environment, and also market. Beside that also there are several types of business strategies, such as comparative business strategies, differentiation business strategies, and segmentation business strategies.
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Compute the ending balance in work in process. Assume that this balance consists entirely of goods started during the year. If $8,000 of this balance is direct labor cost, how much of it is direct materials cost? applied overhead cost?.
The number is calculated by dividing the total number of finished goods by the total number of direct work hours required to make them.
What is Direct Labor?Paying employees who are directly involved in the production of a given good or in rendering a particular service is referred to as direct labor. It is necessary that the job done be relevant to the particular task. The work done by employees who deliver the service directly to the client, such as auditors, attorneys, and consultants, is referred to as direct labor for a firm that offers services to its clients.Indirect wages are those that are paid when the work done cannot be directly linked to a single employee. The direct labor cost must be included when tracking the overall cost incurred for a particular project because it may make up a sizeable fraction of the entire cost.Balance the equation
Work in progress complete: 282800
8000 direct workers
Overhead (8000 x 165%) equals 13200
Direct material (281600= 282800-8000 -13200).
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an increase of $100,000 in inventory would result in a(n) a. increase of cash flows for investing activities b. decrease of cash flows for financing activities c. increase of cash flows for financing activities d. decrease of cash flows for operating activities
An increase of $100,000 in inventory would result in an Decrease of net cash flow.
What is Financing?
Providing capital for investments, purchases, or business endeavours is the process of financing. Financial organisations like banks are in the business of lending money to individuals, businesses, and investors so they can fulfil their objectives. Any economic system that makes use of financing is essential because it enables businesses to buy goods that are out of their immediate price range.
To put it another way, financing is a means to use the temporal value of money (TVM) to employ predicted future cash flows for initiatives that are started today. Finance also benefits from the reality that some people in an economy will have extra cash that they want to invest to earn returns while others need money to make investments.
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What is a Multi-Step Income Statement?
A multi step income statement is a company's financial statement that is presented in a fashion that shows revenues, costs, and expenses for a certain reporting period.
What distinguishes a multi step income statement from a simple income statement?A single calculation is used to report the company's net income in a one-step income statement. An itemised breakdown and various computations are used to determine the business's operational income and gross profit in a multi-step income statement, which is more detailed. Operating and non-operating incomes and expenses are divided into categories on the multi-step income statement. It assists users in assessing the organization's financial performance. The users will be aware of the profit made from the main activities of purchasing and selling things as well as how it differs from non-operating activities.
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the primary difference between absolute and comparative advantage is
Comparative advantage relates to the capacity of an entity to produce at a lower opportunity cost, whereas absolute advantage is the capacity of an entity to produce a bigger quantity is the primary difference between absolute and comparative advantage.
What is absolute advantage?
A producer has an absolute advantage over its rivals when it can create a good or service in a higher volume for the same price, or in the same volume at a cheaper price. Absolute advantage, a theory put out by Adam Smith, can serve as the foundation for significant gains from commerce between producers of various items with various absolute advantages.
What is comparative advantage?
The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage.
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explain the effect of consumers becoming more budget conscious along with the rising price of solvent on the price of dry cleaning.
The escalating cost of solvent, paired with the trend of customers becoming more budget aware, is likely to result in an increase in the price of dry cleaning services.
This is because the cost of running a dry cleaning business is directly related to the cost of the solvent used to clean the garments. Therefore, if the price of the solvent rises, the cost of providing dry cleaning services will also rise, necessitating a price increase to maintain profit margins.
As a consequence, consumers may be charged more for dry cleaning services, and budget conscious shoppers may be less likely to opt for dry cleaning if the price is too high, further causing demand to drop and leading to more price hikes.
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What are the advantages and disadvantages to limiting campaign contributions? Should there be limits on the amount of money that wealthy groups and individuals can donale to political candidates?
Limiting campaign contributions has both advantages and disadvantages. The main advantage is that it reduces the influence of wealthy individuals and special interest groups on elections, thus promoting fairness and democratic values.
It also helps to prevent corruption by reducing the temptation for politicians to favor the interests of their largest donors. On the other hand, limiting campaign contributions can also have negative effects.
It can restrict free speech by preventing individuals and groups from expressing their political views through financial contributions. Additionally, limits may also disproportionately affect smaller political parties and candidates, reducing their ability to compete with well-funded opponents.
Whether there should be limits on campaign contributions is a matter of debate. Those in favor argue that without limits, the rich have an unfair advantage in shaping the political process, while opponents argue that limiting contributions violates the First Amendment and restricts political speech.
Ultimately, the answer depends on one's views about the role of money in politics and the importance of protecting democratic values versus individual rights.
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which of the following represents an external transaction? multiple choice payment of utility bill. lapse of insurance due to passage of time. use of office supplies by employees over time. salaries earned by employees but not yet paid.
Salaries earned by employees but not yet paid represents external transaction. The correct option is option D.
What is external transactionAn external transaction is an exchange of value between two entities that changes the accounting equation. It is any financial activity that impacts a bank account but does not originate within the INFORMS system.
Examples of external transaction are as follow; of external transactions include the purchase of merchandise from a supplier, payment of cash to a creditor, and payment of salary to a worker.
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concerning manufacturing customers, the business market is: a. concentrated by size. b. geographically concentrated. c. experiencing declining growth in many large metropolitan areas. d. all of the answer choices. e. both concentrated by size and geographically concentrated.
Concerning manufacturing customers, the business market is both concentrated by size and geographically concentrated.
What is a business market?
A business market is a strategy a business use to offer goods or services to a certain clientele. Business markets typically facilitate sales between businesses when one business intends to reuse or resell the goods or services of another company.
A business that buys products and services on the open market may also use those things as raw materials to create new products of its own. There are company markets created to make sales to consumers directly as well, and they place more emphasis on reaching a broad audience than on marketing to other companies.
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T/F: The first step to gain and sustain a competitive advantage is to define an organization's vision, mission, and values.
The first step to gain and maintain a aggressive gain is to define an organization's vision, mission, and values. True.
What is the first step to attain competitive advantage?The first step is to analyze your competition.
The strong point of your firm's product or service, the range of competitors, the dimension of your competitors, the common demand and the rate will all be key factors in your gaining the aggressive edge
Lean on market research. Collecting statistics and analytics on your target market is one of the best tools in your arsenal. Develop an appreciation of what clients clearly favor and establish a fee proposition that grabs their attention.
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https://brainly.com/question/30363083#SPJ4identify the examples of laissez-faire economic doctrine and its effects during the late nineteenth century.
Laissez-faire economic doctrine emerged during the late nineteenth century as a way to give individuals and businesses more freedom in their economic pursuits.
This meant fewer government regulations and interventions in the economy. Laissez-faire doctrine encouraged the development of industries, manufacturing, and trade. It also led to more competition in the late marketplace which drove down costs for consumers.
This allowed for a more efficient allocation of resources, leading to more economic growth. However, laissez-faire economics was not without its downsides. It allowed large businesses to take advantage of consumers, leading to unfair contracts, wages, and working conditions.
It also meant that the government was not as involved in providing social services and welfare for the poor. As a result, inequality and poverty continued to grow during this period.
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which of the following would benefit borrowers of fixed interest rate loans at the expense of their creditors?A. The actual inflation rate is less than the expected inflation rate.B. The actual inflation rate is more than the expected inflation rate.C. Hyperinflation begins to occur in the economy.D. The average price level remains perfectly stable.E. The average price level fluctuates wildly for a sustained period.
B. The actual inflation rate is more than the expected inflation rate. If the actual inflation rate exceeds the projected inflation rate, the value of money falls, which helps borrowers.
of fixed-rate loans since they may return their debts with dollars worth less than when they borrowed the money.The actual inflation rate is more than the expected inflation rate. If the actual inflation rate exceeds the projected inflation rate, the value of money falls, which helps borrowers. At the same time, the decline in the value of money hurts creditors since they get repayments in dollars that are worth less than when they gave the money. of fixed-rate loans since they may return their debts with dollars worth less than when they borrowed the money.
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Suppose that someone stole your ATM card and withdrew $950 from your checking account. How much money could you lose according to federal legislation if you reported the stolen card to the bank: (a) the day the card was stolen, (b) 6 days after the theft, (c) 65 days after receiving your periodic statement
(a) The most you could lose is $50 if you report the stolen card on the same day and there have been illegal charges.
(b) You could lose up to $500 if this occurs more than two business days after the theft.
(c) Since the theft occurred more than 60 days ago, you risk losing the full $950.
Debit cards and bank cards are other names for ATM cards. People utilize it to withdraw money and make purchases. A person is always in charge of keeping their card secure. The owner could lose some or all of his or her savings if it is taken.
According to the Fair Credit Billing Act, a person's responsibility for losing his or her ATM card is $0 if the loss is reported before any unauthorized payments are made. In the event that this does not occur, his or her liability is $50 within two business days, $500 within sixty calendar days, and infinite thereafter.
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Martha Stewart sold 3,928 shares of her ImClone stock on December 27, 2001. What type of market is this?
On December 27, 2001, Martha Steward sold 3,928 share of their ImClone stock. Hedging is the market type in this area.
What is "hedging"?Hedging is a sophisticated risk management tactic that entails purchasing or disposing of a security to potentially help lower the risk of a position's potential loss.Hedge investments are made to offset or reduce the risk of unfavourable price changes in a commodity or securities. In order to take a contrary position to the underlying commodity or a connected security, hedging is typically done via derivative products. According on the asset or group of assets being hedged, there are a variety of efficient hedging techniques to lower market risk. The three most common ones are volatility indicators, options, and portfolio construction.
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Find out the missing value of an Accounting Equation with the help of given data:Furniture Rs. 90,000Cash Rs.100,000Debtors Rs.10,000Other Assets Rs. 1,000Owner's equity Rs. 90, 000Liabilities ?a) Rs. 201,000b) Rs. 111,000c) Rs. 290,000d) Rs. 291,000
The accounting equation denotes that the total assets of the business firm are equivalent to the addition of equities and total liabilities. It helps in balancing the assets owned by the firm with the amount claimed from external parties with the firm.
Liabilities=Assets − Equities + (Furniture + Cash + Debtors + Other assets)
$90,000=($90,000+$100,000+$10,000+$1,000)−$90,000
=$111,000
Hence, Option B is correct.
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