In a tradable permit system, Firm C sells permits to Firms A and B to reduce pollution at a lower cost. Firm C benefits from a lower cost of reducing pollution, while Firms A and B benefit from lower costs of reducing pollution.
In a tradable permit system, Firm C has the lowest initial pollution level and the lowest cost of reducing pollution, so it has a comparative advantage in reducing pollution. It can reduce its pollution to 0 units at a cost of $200 (20 units x $10 per unit). Firm C will have 20 permits remaining, which it can sell to the other two firms.
Firms A and B have higher initial pollution levels and higher costs of reducing pollution, so they will be willing to buy permits from Firm C. Let's say that Firm A buys 10 permits from Firm C and Firm B buys 5 permits from Firm C.
In this case, Firm A can reduce its pollution level to 40 units (30 units initial pollution - 10 permits bought) at a cost of $200 (10 permits bought x $20 per permit). Firm B can reduce its pollution level to 35 units (40 units initial pollution - 5 permits bought) at a cost of $150 (5 permits bought x $30 per permit).
The sellers (Firm C) are willing to sell permits because they can reduce their pollution to zero at a lower cost than the other firms. They can sell their remaining permits to the other firms at a price that is less than the cost of reducing pollution by one unit. This allows Firm C to earn a profit from selling the permits.
The buyers (Firms A and B) are willing to buy permits because it is cheaper for them to buy permits than to reduce pollution by one unit. By buying permits from Firm C, they can reduce their pollution levels at a lower cost than if they had to reduce pollution entirely on their own. In this way, tradable permit systems incentivize firms to reduce pollution in the most cost-effective manner.
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Question 1/
1 pts
Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock
at $70 per share. How much total does Mia receive from selling all her stock?
Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.
What are stocks?Stocks are an investment that means you own a share in the company that issued the stock. Simply we can say that the stocks are a way to build wealth.
‘Stocks’ is generally used to refer to portions of ownership of multiple companies – for example, you could say that you own stock in Amazon and Microsoft.
Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.
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The GDP of country A may be higher than that of country B because the workers in country A work more hours per week than workers in country B. True or False
True, the GDP of country A may be higher than that of country B because the workers in country A work more hours per week than workers in country B.
What is GDP?The GDP stands for Gross Domestic Product. The GDP is the total value of all the final products services produced within the territorial boundaries of a nation in the monetary terms during an accounting year.
The Gross Domestic Product is an most important indicators which shows the economic standard of a country. GDP or Gross Domestic Product is referred to by the economists as the size of an economy.
If the GDP of country A may be higher than that of country B because the workers in country A work more hours per week than workers in country B.
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T/F the laws in the u.s. do not provide a mechanism that would allow the intellectual property of a business to be license.
which of the following best describes the reason for trade-off between inflation and unemployment in the short run? sticky prices and wages sticky prices and flexible wages flexible prices and sticky wages flexible prices and wages producers' unwillingness to respond to price changes
Sticky prices and wages best describes the reason for trade-off between inflation and unemployment in the short run.
What is the trade-off between inflation and unemployment short run and long run analysis?Since inflation is higher for any level of unemployment the trade-off becomes less beneficial the inflation fee rises for any degree of unemployment. Compare factors N and N'. Since human beings modify their expectations of inflation over time, there is a trade-off between inflation and unemployment only in the quick run.
The Phillips curve shows the relationship between inflation and unemployment. In the short-run, inflation and unemployment are inversely related; as one volume increases, the different decreases. In the long-run, there is no trade-off.
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Complete question:
Which of the following best describes the reason for trade-off between inflation and unemployment in the short run?
sticky prices and wages sticky prices and flexible wages flexible prices and sticky wages flexible prices and wages producers' unwillingness to respond to price changes.Mention the correct option among them.
Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.Fliptop Tiptop AvailableModel Model• Plastic 3 4 36• Ink 5 4 40Assembly• Molding 5 2 30TimeThe profit for either model is $1000 per lot.a. What is the linear programming model for this problem?b. What are the boundary points of the feasible region?c. What is the profitability at each boundary point of the feasible region?d. Find the optimal solution.e. Will there be excess capacity in any resource? If so, how much excess capacity?
Since there are only two variables, the problem can be graphically solved or solved using a model solver like MS-Excel®.
Assuming that the Fliptop and Tiptop x1 and x2 variants are produced, the objective is to maximize profitability, with production being limited by the amount of plastic, ink, and time that is available. The three restrictions and objective functions together create the LP model, as shown below: Use the objective function ($) (OF) 1000x1 + 1000x2 to maximize z. Eq. 1's plastic material restriction is 3x1 + 4x2 = 36. Ink material under constraint (Eq. 2): 5x1 + 4x2 = 40. Time constraint from Equation 3 (5x1 + 2x2 = 30). Those that are not negative restrictions: x1, x2 >= 0. The boundary lines of the constraint equations 1, 2, and 3 as well as the objective function OF, as seen in the corner points (boundary points) A, B, C, D, and E.
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How do I build a dropshipping website step-by-step. How to advertise the product. How to get sales. How to make millions.
Answer:
Complicated but here. Learning how to start a dropshipping business, like any type of venture, isn’t easy. Nevertheless, it’s a great first step into the world of entrepreneurship. You can sell to customers without holding any inventory. You don’t need to pay for products upfront. And if you’re serious about your new venture, you can build a sustainable source of income in the long run. how does the dropshipping model work? Dropshipping is an order-fulfillment method that lets store owners sell directly to consumers without stocking any inventory. When a customer purchases a product from a dropshipping store, a third-party supplier ships it directly to them. The customer pays the retail price you set, you pay the suppliers’ wholesale price, and the rest is profit. You never have to handle products or invest in inventory.
In order to sell products, you just need to register an account with a supplier.
Explanation:
goodluck again
Determine which statement defends the idea that private employers do not have an obligation to provide jobs for others.
a. Everyone needs a job to be able to satisfy his or her instrumental and psychic needs.
b. The economic system of a society exists, fundamentally, for the well-being of that society's members.
c. Employers have rights, although limited, to property and also have their own right to work.
d. If citizens have a right to a job to fulfill their instrumental and psychic needs, then some public institution has the obligation to provide those jobs. Private employers can fulfill that obligation more efficiently than government.
According to the new social compact, firms shοuld try to attract workers by giving them challenging and interesting jοbs. Option A is the proper reaction in this situatiοn.
What do you refer to as workers?What do you refer tο as your staff... emplοyees. Some businesses have opted tο use a different term tο refer to its staff. They refer tο them by names that are mοre affectionate and unique, such as team members, colleagues, or οther terms.
Is the Employee Meaning?A person whο is paid for work for another persοn or business is an employee. Emplοyees need only be paid by an emplοyer for their labor in order to qualify as employees; they are nοt required to work full-time (the person οr business that pays them).
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question content area depreciation on an office building is $6,200. journalize the adjusting entry on december 31. if an amount box does not require an entry, leave it blank.
Entries are modified in the table below and clearly set in compliance with the query.
What kind of number is that?a mass or gathering, especially of an endless item: quantity of The proper amount of sand wasn't supplied. Animal boarding took up a slightly little amount of area. He donated money to a nonprofit organization on a regular basis.
How much is being have been using?When a decision is reached, the phrase "Used Amount" refers to the total of the arithmetic weekly averages of the Acquisitions Prices of all Mortgage Loans that Buyer had previously bought but had not yet been both repurchased by Seller or bought by a Takeout Investor.
Date Accounting titles and Explanations Debit Credit
Dec. 31 Depreciation Expense $12,600
Accumulated Depreciation - Office building $12,600
(To record the Depreciation Expense )
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Suppose a firm hires both labor (L) and capital (under purely competitive conditions. The price of labor is PL, and that of capital is PC. The marginal product of labor is MPL, and that of capital is MPC. The firm sells its product competitively at a price of Px. If MPCI PC>MPLI PL, the firm Multiple Choice O may be maximizing profits, but it is not minimizing costs. may be minimizing costs, but it is not maximizing profits. O is neither minimizing costs nor maximizing profits. o is minimizing costs and maximizing profits.
MRP product of labor & capital costs. Profit is calculated as TR-TC = (Unit of labor*Price+Units of capital*Price)-(Unit of labor*Cost of Labor+Unit of Capital*Cost of Capital) = (15+12+9+6+3)*3+(8+6+5)*3 -(5*9+3*15)=102
What does MRP refer to?Three main parts make up this process: listing the elements and materials already in use, determining which more are required, and scheduling their manufacture or acquisition.
What is the MRP process?The materials needed for any particular project are determined by MRP software using data from the master production schedule, inventory data, and bill of materials (BOM).
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A demand curve shows the relationship between:money income and quantity demanded.price and production costs.price and quantity demanded.consumer tastes and quantity demanded.
A demand curve shows the relationship between the price of a good or service and the quantity demanded by consumers, holding all other factors constant. It is a graphical representation of the law of demand. So, the correct option is (c).
The demand curve is downward-sloping, indicating that as price decreases, consumers are willing to buy more of the good or service. Factors such as consumer tastes and preferences, income, production costs, and availability of substitutes can shift the demand curve, causing a change in the quantity demanded at any given price.
For example, if consumer tastes change and become more favorable towards a particular product, the demand curve will shift to the right, indicating that consumers are willing to buy more of the product at each price. So, (c) is correct answer.
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On its 2014 balance sheet, Barngrover Books showed $510 million of retained earnings, and exactly that same amount was shown the following year in 2015. Assuming that no earnings restatements were issued, which of the following statements is CORRECT?
a. Dividends could have been paid in 2015, but they would have had to equal the earnings for the year.
b. The company must have had zero net income in 2015.
c. The company must have paid no dividends in 2015.
d. If the company lost money in 2015, they must have paid dividends.
e. The company must have paid out half of its earnings as dividends.
I know the answer is A, but I don't understand why it wouldn't be C?
The correct answer to this question is A: Dividends could have been paid in 2015, but they would have had to equal the earnings for the year.
Retained earnings represent the accumulated profits of a company that have not been paid out as dividends. If the retained earnings on a company's balance sheet remain the same from one year to the next, it could mean that the company did not pay any dividends during that year. However, it is also possible that the company paid dividends but earned enough profit to cover those dividends, so the retained earnings remained unchanged.
Therefore, statement C, "The company must have paid no dividends in 2015," is not necessarily true. It is possible that the company paid dividends in 2015, but the amount paid was equal to the earnings for the year, which would have kept the retained earnings balance the same.
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An organization may initiate information technology projects for several reasons, but the most important reason is to support ____.
a. financial security
b. business objectives
c. technological advances
d. shareholders
B. Business objectives . There are several reasons why a company might start an information technology project, but achieving business goals is the main driver.
What are the business objectives?Business objectives are the precise, quantifiable outcomes that organizations seek to uphold as their business expands. Focusing on specifics is important while developing a set of corporate objectives. To do this, you must evaluate your present situation as well as your desired future state.
What are the four main corporate goals?a. Profit-making is one of the goals of business.
b. Market share and customer growth.
c. Resource utilization and innovation.
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Adjusting entries are made at the ? of the accounting period, while daily transactions are made throughout the accounting period. (Enter one word per blank.)O endO assetsO closingO owed
Adjusting entries are made at the end of the accounting period, while daily transactions are made throughout the accounting period.
What are journal entries?The first recording of financial transactions in accounting is done through journal entries. They serve as a historical record of the financial activities of a firm and are used to explain the debit and credit components of each transaction. Journal entries are often kept in a company's general journal and must follow the double-entry accounting principles, which require that every transaction have an equal amount of debit and credit. The steps involved in the journal entry process are to identify the accounts impacted by the transaction, calculate the debit and credit amounts for each account, and then enter the entries in the journal. A company's trial balance, which is a summary of all the debit and credit balances in the general ledger, is created using journal entries.
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walter, a single taxpayer, purchased a limited partnership interest in a tax shelter in 1995. he also acquired a rental house in 2022, which he actively manages. during 2022, walter's share of the partnership's losses was $11,500, and his rental house generated $41,000 in losses. walter's modified adjusted gross income before passive losses is $129,000.A. Calculate the amount of Walter's allowable deduction for rental house activities for 2022. B. Calculate the amount of Walter's allowable deduction for the partnership losses for 2022.C. What may be done with the unused losses, if anything?1. The unused losses may be carried.2. tax years to reduce.3. income in those years.
Walter, a single taxpayer, purchased a limited partnership interest in a tax shelter in 1985. The amount of Walter's allowable deduction for rental house activities for 2015 is $ 21,000.
a) Allowable deductions = $25,000 - 50% of $8,000 = $25,000 - $4,000 = $21,000.
For every dollar the taxpayer's modified adjusted gross income surpasses $100,000, their entitlement to $25,000 is decreased by 50 cents. If the modified adjusted gross income is greater than $150,000, no deduction is permitted.
b) The amount of Walter's allowable deduction for the partnership losses for 2015 is 0.
c) The unused losses may be carried forward to future tax years to reduce passive income in those years.
Mortgage interest payments, home repairs, insurance, letting agency fees, and 10% of your total rental revenue for depreciation are all deductible expenses.
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Correct question:
Walter, a single taxpayer, purchased a limited partnership interest in a tax shelter in 1985. He also acquired a rental house in 2015, which he actively manages. During 2015, Walter's share of the partnership's losses was $19,000, and his rental house generated $42,500 in losses. Walter's modified adjusted gross income before passive losses is $108,000.
If an amount is zero, enter "0".
a. Calculate the amount of Walter's allowable deduction for rental house activities for 2015.
b. Calculate the amount of Walter's allowable deduction for the partnership losses for 2015.
c. What may be done with the unused losses, if anything?
The unused losses may be carried ____ tax years to reduce ____ income in those years.
Which of the following will probably happen to a product when demand is low? (Select the best answer) A. The price will go up. B. The price will go down.
When demand is low, the best answer is B: "The price will go down".
When demand for a product is low, there is an oversupply of goods and not enough people want to buy it. As a result, the sellers often have to lower the price of the product to stimulate demand and sell their stock. This is because when there are fewer buyers in the market, sellers compete with each other for the limited number of customers. Lowering the price of the product is a way to attract more buyers and differentiate themselves from other sellers. By offering lower prices, sellers can encourage people to buy their products and reduce their inventory levels.
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zoom has been criticized for opening up its platform for use by non-paying users why would zoom do this and why would paying customers care?
Zoom has been successful in getting customers to pay for its service due to its subscription based business strategy. This is an illustration of how a business's business model can influence its choice of course.
Why would Zoom clients pay for support services?The newest example of a company whose sales have increased as a result of the pandemic is Zoom. In part to encourage individuals to utilize its service and pay for it, it has made it simpler for non-paying users to host group meetings. Even though it may anger some of its current consumers, Zoom is aiming to expand its company by luring in new users.
Because they worry that these users might not be as vigilant about security and privacy, paid consumers may be concerned that Zoom is opening up its platform to nonpaying users. Additionally, the business has come under fire for its security and privacy policies.
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given below are the steps of the marketing management process. arrange the steps in the correct order with the first step at the top and the last step at the bottom.
The following are the means of promoting the executive's process.1. Planning 2. Guiding 3. Controlling.
The plan, execution, and checking of an organization's promoting technique are known as marketing management. This contains the promoting methodology, drives, and procedures applied to produce and satisfy requests from the objective market to increment benefit.
A marketing manager would lead statistical surveying, fathom purchaser patterns and inclinations, foster showcasing systems and spending plans, regulate the creation of promoting insurance and content, and do any remaining relevant obligations important to support the organization's deals.
The legitimate request is "given under are the method for advancing the board association. orchestrate the means all put together the initial step at the top and the last step at the base. advertising management. Guiding, Controlling, Planning."
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This question is not complete, Here I am attaching the complete question:
Given below are the steps of the marketing management process. arrange the steps in the correct order with the first step at the top and the last step at the bottom. marketing management
identify which of the following steps in the accounting cycle is optional. multiple choice question. adjusted trial balance adjusting journal entries reversing journal entries closing journal entries
Answer: Reversing journal entries
Explanation:
Which of these factors would an insurer consider when determining whether to accept a group life plan?
A. Number of dependents
B. Incontestable period
C. Average age
D. Grace period
You have the option to reinstate your life insurance policy under the C: policy reinstatement provision by paying all repaid interest, premiums, and policy loans.
Typically, this function must be used within a few years of the policy's expiration date. A life insurance policy's reinstatement clause enables the policyholder to resume coverage after it has lapsed by paying any outstanding premiums, interest, and policy loans. Usually, this option must be used within a few years of the date the policy expired. People who have let their life insurance coverage lapse now have the option to renew it without starting the application procedure all over again thanks to the policy reinstatement provision. By paying all repaid interest, premiums, and policy loans, you have the choice to restore your life insurance policy under the C: policy reinstatement provision.
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all else equal, increasing the assumed payables period in a financial forecast will decrease external funding required. T/F
True, increasing the assumed payables period in a financial forecast will decrease external funding required, all else equal.
The payables period is the amount of time it takes a company to pay its suppliers for goods or services received. If a company assumes a longer payables period in its financial forecast, it means that it is taking longer to pay its suppliers, which effectively extends the time that the company can hold onto its cash before paying its bills. By extending the payables period, the company can reduce the amount of external funding it requires to operate its business. This is because the company has more time to generate revenue and accumulate cash before it needs to pay its suppliers. The longer the payables period, the more time the company has to generate cash from its operations and the less it needs to rely on external funding sources, such as loans or equity financing. However, it is important to note that extending the payables period too much can have negative consequences. It may harm the company's relationships with its suppliers and negatively impact its credit rating. Furthermore, delaying payments to suppliers for too long can also impact the quality and timeliness of the goods or services received, which can ultimately harm the company's operations and reputation.
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operating cash flow per share question 50 options: uses information from the statement of cash flows and the income statement. uses information from the balance sheet and the statement of cash flows. uses information from the income statement and the balance sheet. all of these. g
Operating cash flow per share uses information from the statement of cash flows, the income statement and balance sheet. Thus, all of these financial analysis is required.
What is an example of a financial analysis?An instance of Financial ratios, such as the profitability ratio, which is determined by dividing net profit by sales, are used in financial analysis to examine a firm's productivity and trend.
What kinds of financial analysis are there?The most typical kinds of economic analysis include figure, scenario and sensitivity, variance analysis, accompanying disclosures, vertical analysis, flexibility analysis, growth rates, financial analysis, providing credit, management efficiency, profitability, rates of return, and cash flow.
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Complete question:
Operating cash flow per share:
uses information from the statement of cash flows and the income statementuses information from the balance sheet and the statement of cash flowsuses information from the income statement and the balance sheetall of theseLet A, B, and C be the amounts invested in companies A, B, and C. If no more than 50% of the total investment can be in company B, how can you express that as a constraint (Please show your work.)
a. 0.5A-0.5B + 0.5C <= 0 b.-0.5A + 0.5B-0.5C <-0 c. 0.5A-B-0.5 C <= 0 d. A-0.5B +C< 0 e. B <= 0.5 f. There is no solution
This can be expressed as a constraint as : -0.5A + 0.5B-0.5≤0
How to solve for the constraintIn optimization, a constraint is a condition or set of conditions that must be satisfied by the solution of a problem. Constraints limit the feasible set of solutions and ensure that the solution is within the acceptable range of values.
The answer demonstrates that the maximum allocation to B should be less than 50% and that the combined allocation to A and C accounts should be greater than 50%. As a result, it can be written as:
0.5 B≤ 0.5(A+C)
0.5 B -0.5(A+C) ≤ 0
-0.5A +0.5B - 0.5C ≤ 0
option B is correct
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Hillary took her motorcycle to a mechanic, Kenneth, to repair a leaking tire. She picked up the motorcycle and was riding home when the tire that had been repaired suddenly deflated and Hillary crashed into a parked cat, suffering broken bones. Hillary cannot prove exacty what Kenneth may have done wrong, but the tire should not have deflated If he had installed properly. Which of the following doctrines should Hillary base her claim upon? Multiple Choice noteasance wice resul nonce per
Negligence per se should Hillary base her claim upon to repair a leaking tire.
What is Negligence per se?An act is deemed negligent under the doctrine of negligence per se in US law if it contravenes a law. In actuality, the theory is a type of strict liability.
Greater culpability applies to pure carelessness than to contributory negligence. Negligence per se only establishes a rebuttable presumption of negligence in some legal systems.
A such instance is when a builder breaks a building code while working on a home. The house then crumbles, causing damage and injury.
As long as the contractor's infringement of the construction code was the direct cause of the injury, the violation of the code shows carelessness per se and makes the contractor accountable. The statute, according to Chief Baron Fitzroy Kelly, was created to stop the spread of sickness.
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Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step? Probability indexing Johnson's sequencing rule Decision trees Activity System Maps Decision mapping
Option (c), Decision tree models use a schematic representation of the steps in a problem, along with the circumstances and results of each step.
A decision tree is what kind of decision process representation?A decision tree is a type of flowchart where each leaf node represents a class label, each internal node represents a "test" on an attribute (like whether a coin will land heads or tails), and each branch represents the outcome of the test (decision taken after computing all attributes).
The decision tree model has what objectives?Decision trees are particularly beneficial for machine learning and data analytics because they break complex data down into easier-to-understand chunks. They are regularly used in various fields for data classification, regression analysis, and prediction analysis.
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The complete question is:
Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step?
(a). Probability indexing
(b). Johnson's sequencing rule
(c). Decision trees
(d). Activity System
(e). Maps Decision mapping
Assuming the cost of mortgage is $720,000, and the owner of the house makes a down payment of 20% of the principal with 6.2% interest rate and 25 years repayment plan. a. Calculate the total amount of loan, monthly rate, number of payment periods, monthly payment, total interest paid, and amount borrowed. b. With the aid of what PMT function in a one variable condition, calculate monthly payment, total amount payable, total interest payable for: 17 yrs, 5 yrs, 8 yrs, 28 yrs, 22 yrs mortgage.
In 25 years, he will have paid $18,97,500 in total. He will pay $6,325 each month.
What is amount?In the fields of economics and banking, interest is the payment made at a set rate by a borrower as well as deposit-taking commercial bank to something like a lender as well as depositor in excess of the principle amount (the amount borrowed).
It is not the same as a charge that the borrower could pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a corporation out of profits or reserves.
720000 - 60000 = 660,000
monthly rate = 7.5/12 = 0.625%
Number of payment periods = 25
Total amount he has to pay after 25 years,
=660000 + (660000×7.5×25)/100
= $18,97,500
His monthly payment will be
=1897500/25×12
= $6,325
Therefore, in 25 years, he will have paid $18,97,500 in total. He will pay $6,325 each month.
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Answer: Laura and Martin will pay a total of $458,850 for their house. They will pay a total of $268,850 in interest. The amount of the first payment on the mortgage applied to the principal is $408.67.
To determine the total amount Laura and Martin will pay for their house, we need to calculate the sum of all their monthly payments over the 25-year period. The formula to calculate the total amount paid for a mortgage is:
Total Amount Paid = Monthly Payment * Number of Payments
Using the given information, we can calculate the number of payments:
Number of Payments = Number of Years * 12
Substituting the values:
Number of Payments = 25 * 12 = 300
Now, we can calculate the total amount paid:
Total Amount Paid = $1529.50 * 300 = $458,850
Therefore, the total amount Laura and Martin will pay for their house is $458,850.
To determine the amount of interest they will pay, we can subtract the principal amount from the total amount paid:
Interest = Total Amount Paid - Principal Amount
Interest = $458,850 - $190,000 = $268,850
Therefore, they will pay a total of $268,850 in interest.
To calculate how much of the first payment on the mortgage is applied to the principal, we need to subtract the interest portion from the monthly payment:
Principal Payment = Monthly Payment - Interest
Principal Payment = $1529.50 - (Principal Amount * Interest Rate / 12)
Principal Payment = $1529.50 - ($190,000 * 0.085 / 12)
Principal Payment = $1529.50 - $1120.83
Principal Payment = $408.67
Therefore, the amount of the first payment on the mortgage applied to the principal is $408.67.
TRUE/FALSE. When a loan is classified as nonperforming, any accrued interest recorded on the books, but not actually received, must be deducted from the bank's loan revenues.
Any interest that has been accrued but not actually received must be deducted from the bank's loan revenues when a loan is deemed nonperforming. It is a true statement .
What is financing based on revenue?Revenue-based financing, also known as royalty-based financing, is a way to get money from investors who get a cut of the company's ongoing gross revenues in return for their investment.
Investors receive a regular share of the business's income in a revenue-based financing investment until a predetermined amount has been paid. This predetermined amount typically ranges from three to five times the initial amount invested and is a multiple of the principal investment.
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A calendar year-end reporting period is defined as a 12 (1 / 3 / 12) -month period which ends on december (december/january/march) 31st.
An annual term of 12 months that concludes on December 31st is known as a calendar year end reporting period.
What exactly is meant by the term "calendar year end reporting period"?An organisation reports on its financial performance and financial situation over a reporting period. A business has the option of using the conventional 12-month calendar year or switching to a 12-month fiscal year.
A firm uses a fiscal year, which is a 12-month accounting period, to report financial and tax information. Another name for a fiscal year is a financial year. A fiscal year does not have to begin on January 1 and end on December 31 like a calendar year; it can be different.
What is a year in the calendar?For purposes of individual and company taxation, the fiscal year and the calendar year are frequently congruent.
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One shortcoming of GDP as an indicator of society's social well-being is that it fails to take into account the:growth in productivity.increase in the quantity of goods.non-market production.change in the price level.
The fact that non-market production is not taken into consideration when considering GDP as the sole indication of society's social well-being is a significant drawback.
GDP excludes significant contributions made by unpaid labour, such as housework or volunteer work, and solely gauges the market value of products and services generated within a nation's borders. GDP does not account for the effects of economic activity on the environment or the welfare of future generations. Therefore, depending simply on GDP as a measure of social well-being may result in policies that put economic growth ahead of other crucial social and environmental factors. Alternative metrics that take into consideration elements more than merely economic growth include the Human Development Index and the Genuine Progress Indicator. These metrics aim to provide a more complete picture of societal well-being.
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suppose a customer rents a vehicle for three months from commodores rental on november 1, paying $6,000 ($2,000/month).
The journal entry on November 1: Debit Cash $6,000, Credit Deferred Revenue $6,000; Adjusting entry on December 31: Debit Deferred Revenue $2,000, Credit Service Revenue $2,000; Adjusted balances: Deferred Revenue $4,000 and Service Revenue $4,000.
1) Record the rental for Commodores on November 1:
Since the customer paid $6,000 upfront for a three-month rental, Commodores Rental would record this as an increase in unearned revenue, or deferred revenue. The journal entry to record the rental on November 1 would be:
Debit: Cash $6,000
Credit: Deferred Revenue $6,000
2) Record the adjusting entry on December 31:
At the end of the first month (December), Commodores Rental would have earned only one month's worth of revenue (i.e., $2,000), and the remaining $4,000 would still be considered unearned revenue. To recognize this earned revenue, an adjusting entry would be made at the end of December. The adjusting entry would be:
Debit: Deferred Revenue $2,000
Credit: Service Revenue $2,000
3) Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts:
At the end of the year, the adjusted balances of the Deferred Revenue and Service Revenue accounts would be:
Deferred Revenue: $4,000 (i.e., the remaining unearned revenue)
Service Revenue: $4,000 (i.e., the earned revenue from two months' rental)
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The complete question is:
Suppose a customer rents a vehicle for three months from Commodores Rental on November 1, paying $6,000 ($2,000/month). (1) Record the rental for Commodores on November 1. (2) Record the adjusting entry on December 31. (3) Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts (assuming the balance of Deferred Revenue at the beginning of the year is $0).
Which of the following are simplifying assumptions of human capabilities that neoclassical economists make?
People have stable preferences that aren't affected by context.
People are good planners with plenty of willpower.
People are almost entirely selfish and self-interested.
All are correct. People having stable preferences that aren't affected by context. People are being good planners with the plenty of a willpower. People are almost/mostly entirely selfish and self-interested.
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are determined by models of supply and demand.
According to this idea, the value of a good or service is determined by hypothetically maximizing the utility of low-income earners and the profit of firms facing production costs and using available information and factors of production. increase.
This approach is often justified by citing rational choice theory, which has come under considerable skepticism in recent years.
Neoclassical economics historically dominated macroeconomics and, together with Keynesian economics, formed the neoclassical synthesis that dominated mainstream economics as "new Keynesian economics" from the 1950s to the 1970s.
In explaining macroeconomic phenomena from the 1970s to the 1990s, it competed with New Keynesian economics as neoclassical macroeconomics and was identified with New Keynesian economics as part of the neoclassical synthesis.
Neoclassical economics has many criticisms, some of which have been incorporated into more recent versions of neoclassical theory, while others remain separate disciplines.
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