Jim Smith borrowed $2,000 at a 6% add on rate for two years What is the finance charge ? Show your calculations below.
Answer:
the finance charge is $420
Explanation:
Finance charge constitutes Interest cost to be paid on the loan. Interest compensate the lender for forgoing the alternative of investing the money elsewhere.
Annual finance charge :
Interest charge = $2,000 x 6% = $120
After two years :
Interest charge = $120 x 2 = $420
Therefore, the finance charge is $420.
Role of risk committee and their members
Answer:
The Risk Committee (the “Committee”) is an independent committee of the Board of Directors that has, as its sole and exclusive function, responsibility for the oversight of the risk management policies and practices of the Corporation's global operations and oversight of the operation of the Corporation's global risk ...
Explanation:
sna makatulong:)
Someone broke into your apartment and stole all of your stuff. Luckily, you
have renter's insurance. How do you request that your insurance pay for
the lost items?
A. file a claim
B. Write a deductible
C. Submit a powerpoint presentation
D. Prepare a lease
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Answer: A, file a claim
Explanation:
I hope this helped!
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Answer:
A. file a claim
Explanation:
The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%
write a number which is the product of two prime number
Answer:
2 x 3 = 6. ...............
what was the physical change that happens to Jodi’s character in Tall Girl? Movie
Jodi is very tall at around 6 foot 1, she is very self-concious about it and doesn't really know how it happened
(She assumes it was a gene that may have skipped a generation or two)
It may be a gene mutation, and she has no idea how exactly it happened. No one does.
Which strategy makes use of summarizing to understand written documents?
A. Guessing from context
B. Previewing
C. Skimming
D. Taking notes
Answer:
See below
Explanation:
The strategy which makes use of summarizing to understand written documents is called paraphrasing. It is the act of writing an author's word in one's own word.
However, before one could paraphrase, the context or subject being discussed must be really understood. Here, the main contents in the discussed are preserved when paraphrasing in order not to lose relevance.
Guessing from contents means knowing the exact meaning of every words used in a context. The idea here is not to summarize the written document.
Previewing is when the summary of a content is being read inoder to have a general idea of the content. The whole summary of a passage or content are displayed at a glance.
Skimming. In skimming, one look out for certain key words and phrases rather than summarizing the whole contents.
Taking notes. Note taking involves writing down main ideas, summary and vocabulary in order to have full knowledge of what the whole contents entails.
If an economy is in recession, discuss the differing effects created by a tax cut vs. A GDP-G increase to close the gap. Use the concept of multipliers in your answer.
Answer:
Explanation:
increase government spending will result in increased aggregate demand, which then increases the real GDP, resulting in an rise in prices. ... Conversely, to close an expansionary gap, the government would increase income taxes, which decreases aggregate demand, the real GDP, and then prices.
Economic recession takes place because of fluctuation within the variation. When the contraction point of the trade cycle prolongs or stays for quite six months then recession takes place in an economy. it's a situation when the entire economy shrinks down.
GDPwhen increased government spending will end in increased aggregate demand, which then increases the 000 GDP, as a lead to an increase in prices. Also Conversely, to shut an expansionary gap, the govt. would increase income taxes, which decreases aggregate demand, the important GDP, and also then prices.
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Which example involves a real-world restriction that can affect your decision-making process?
A. interest in a subject as a child
B. family disputes
C. physical attributes
D. history of careers in the family
(comment the answer, too, please) :)
Answer: Your answer would most likely be C. Physical attributes.
Explanation:
name four commercial services which are useful to a manufacturer
100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
Have a nice day! <3
Why might a company that sells advanced lighting systems include a technical specialist on its sales teams?done
A.To provide deep knowledge about the product and how it can help customers
B.To focus on completing sales accurately and courteouslyclose
C.To deliver selling that is less expensive but involves good human relations skills
D.To call on buyers further down the marketing channel than the company's own customers
A company that sells advanced lighting systems might include a technical specialist on its sales teams: A. To provide deep knowledge about the product and how it can help customers.
When customers come to buy the lighting systems, some of them might make extensive inquiries about the lighting systems.
The lay sales representative might not have full knowledge of the questions being asked.
So, it becomes necessary to employ a technical specialist who can provide deep knowledge about the product.
Learn more about technical specialists here:
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Answer:
A to provide deep knowledge about the product and how it can help customers
Explanation:
Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares
Answer:
$1.98
Explanation:
Calculation for should Kasravi Co. report for diluted earnings per share for the year ended 2013
First step is to calculate the Proceeds amount
Proceeds = 12000 × $30
Proceeds = $36,000
Second step is to calculate the Shares assumed purchased
Shares assumed purchased= ($36,000 ÷ $36)
Shares assumed purchased = 10000 shares.
Third step is to calculate the Incremental share issued
Incremental share issued (12000 - 10000)
Incremental share issued = 2000 shares
Now let calculate the diluted earnings per share for the year ended 2013 using this formula
Diluted earnings per share = (Net income ÷ Average Weighted shares + incremental share issued))
Let plug in the formula
Diluted earnings per share = ($400,000 ÷ (200,000 shares +2000 shares))
Diluted earnings per share= $400,000 ÷ 202,000 shares
Diluted earnings per share= $1.98
Therefore The amount that Kasravi Co. Should report for diluted earnings per share for the year ended 2013 is $1.98
When creating a budget, it is best to consider your ______________________ income.
A. Daily
B. Weekly
C. Monthly
D. Yearly
Answer:
Monthly income
Explanation:
you plan ahead
Answer:
c
Explanation: Monthly income
Limited partnership programs are categorized as direct participation programs. The term direct participation refers to A) the ability of any partner, limited or general, to participate in the running of the partnership. B) the ability, through the partnership democracy, for each partner to have her vote flow through to the general partner. C) the general partners directly participating in the day-to-day management of the partnership. D) the flow-through of profits and losses of the partnership to the individual limited partners.
Answer:
D) the flow-through of profits and losses of the partnership to the individual limited partners.
Explanation:
A limited liability company can be defined as a private company in which the owners are legally responsible for the company's debts but only to the amount of capital he or she has invested. The LLC can be referred to as a hybrid business entity that combines the limited liability-shield of a corporation with the pass-through taxation of a sole-proprietorship or partnership business.
In the United States of America, the owner of a LLC is not legally liable for the company's liability or debts.
Limited partnership programs are categorized as direct participation programs. The term direct participation refers to the flow-through of profits and losses of the partnership to the individual limited partners. Also, it prevents double taxation because only the owners or investors are taxed on revenues but not the entity.
The sides of a triangle measure 4, 6, and 7. If the shortest side of a similar triangle is 12, what is the perimeter of the larger triangle?
Answer:
51
Explanation:
12 divided by 4 is 3 so we'll multiply all of the smaller triangle by 3.
4 x 3 = 12
6 x 3 = 18
7 x 3 = 21
12 + 18 + 21 = 51
You just borrowed money for four years to buy a car. The payments are $218 a month and the APR is 7 percent. How is the EAR computed?
Answer:
EAR= 0.072 = 7.2%
Explanation:
Giving the following information:
Nominal interest rate= 7%
Number of periods= 12 months
To calculate the Effective Annual Rate (EAR), we need to use the following formula:
EAR= (1 + nominal rate/number of periods)^number of periods
EAR= [(1 + 0.07/12)^12] - 1
EAR= 0.072 = 7.2%
I need q 4 and 5 please:)
What courses or information would be helpful for a hospitality manager?
Answer:
Travel Attendants.
Lodging Managers.
Meeting, Convention, and Event Planners.
Food Service Managers.
Holiday Counselor.
Explanation:
John has the following transactions for the year: Cash received from sales of products $120,000 Cash paid for expenses (except rent and interest) $35,000 Rent paid on a leased building for 18 months beginning December 1 $40,500 Prepaid interest on a bank loan, paid on November 1, for the next 6 months $12,000 Four months' rent received on a leased building, on December 1 $10,000 Instructions: Calculate John's income under the cash basis for his business. You must show your work computations to receive full credit.
Answer:
John
John's business income, based on a cash basis:
= $42,500
Explanation:
a) Data and Calculations:
Cash received from sales of products $120,000
Four months' rent received
on a leased building, on December 1 $10,000
Total receipts $130,000
Cash paid for expenses
(except rent and interest) $35,000
Rent paid on a leased building
for 18 months beginning December 1 $40,500
Prepaid interest on a bank loan, paid on
November 1, for the next 6 months $12,000
Total expenses $87,500
Income $42,500
b) Under the cash basis, accounting for a business does not differentiate the period the expenses and revenue are incurred. The only issue for consideration is the time cash is exchanged.
Two businesses operate in the same industry,one has an inventory turnoverperiod that is no longer than the industry average.The other has an inventories turnover period that is shorter than the industry average.What is the possible explanation for each business's inventories turnover period rations?
Answer:
1. The first business has just adequate inventory and sales volume to meet customer need
2. The second business has insufficient inventory and high sales volume.
Explanation:
Inventory turnover period is defined as the time it takes a business to completely sell off its inventory. It represents time before the business will need to replenish goods.
In the situation where inventory turnove rperiod is no longer than the industry average, it means that inventory is neither too much or too little but optimal for the customers.
Also it means there is an optimal sales volumes.
In the situation where inventories turnover period is shorter than the industry average. This implies that there is insufficient inventory or there is fast sales of products.
A customer who has, as part of her account holdings, unlisted REITS, as well as a limited partnership interest in an oil and gas program, may expect her servicing member firm to show A) no valuation for the unlisted REITS and the original investment made in the DPP interest. B) a per share estimated value of the securities. C) the amount shown on Tape B the business day before the account statement closing date. D) an exact per share value as calculated on the last business day of the month.
Answer:
In recent months the news about Listed Real Estate Investment Companies -
SOCIMIS-, abound in all the economic newspapers of the country, have become one of
investment instruments with the most interest in a market where the highly
named reactivation of economic growth, as well as job creation. At
The work presented below has been intended to make a small approximation to
this unique area within the framework of a new real estate market.
As an introduction to the work itself, a reflection and approach has been made
the Spanish real estate sector, which has had so much weight in the country's growth in the
recent years, analysis that will deal with the housing market both in its aspect
residential as well as for rent.
The first part of the work consists of showing the origin of this type of societies
mercantile, beyond our borders, in countries with a social and financial culture
different from that applicable in Spain. We will study the emergence of REITs, the evolution that
have followed to this day, the legal framework in which they operate, and the characteristics and
particular of the different types. All this both in his country of origin, the United States of
America as in so many others on various continents.
The central part of the theoretical work will consist of presenting the characteristics of the
SOCIMIS - Listed Stock Companies of Real Estate Investment, companies of recent
creation. Their characteristics will be analyzed in depth, comparing them with
others with similar characteristics in the market and analyzing in depth the taxation of
these and their final impact on shareholders.
Finally, the practical case of a SOCIMI will be analyzed, from before it took that name,
going through the analysis of your real estate assets, balance sheets and loss accounts and
profits, to finally land on a listed market offering investors the
participation in the company in exchange for a return.
The final part of the work will consist of the analysis in the same way as that mentioned in point
above, but with respect to other real estate assets in which it may have an interest in investing the
SOCIMI.
Which of the following is NOT a repayment plan option? What is the answer
The following is NOT a repayment plan is Loan forgiveness repayment plan.
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
For such more question on repayment:
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The following question may be like this:
Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan
After 160 customer reviews for the hotel, 65% were Excellent
e. How many reviews of the 160 were Excellent?
Answer: 104 reviews
Explanation:
Number of customers reviews = 160
Percentage of customer reviews that were excellent= 65%
.
Number of customer reviews that were excellent will be:
= 65% × 160
= 65/100 × 160
= 0.65 × 160
= 104
104 reviews were excellent.
What do you think are the most important components of budgeting? Why?
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
When A customer returns goods to the business
Answer:
If there's no options to select it would be a refund which that customer can exchange that item for a different or identical item or they can get store credit or money back
Explanation:
Hi,
what is a CSR?
Please
Thank you in advance !
Answer:
Certificate signing request
Explanation:
Plz mark brainliest thanks
The Plastics Division of Weston Company manufactures plastic molds and then sells them to customers for $70 per unit. Its variable cost is $30 per unit, and its fixed cost per unit is $10. Management would like the Plastics Division to transfer 10,000 of these molds to another division within the company at a price of $40. The Plastics Division has excess capacity of 10,000 units for plastic moldings. What is the minimum transfer price that the Plastics Division should accept
Answer:
$30
Explanation:
Based on the information given in a situation where the Plastics Division has 10,000 units as the excess capacity for plastic moldings in which the VARIABLE COST is $30 per unit which means that the MINIMUM TRANSFER PRICE that the Plastics Division should accept will be the
VARIABLE COST per unit amount of $30.
Therefore the MINIMUM TRANSFER PRICE that the Plastics Division should accept is $30
Outsourcing is __________. ANSWER Unselected making a high-level, often strategic, decision regarding which products or services will be provided internally and which will be provided by external supply chain partners Unselected organizational strengths or abilities, developed over a long period, that customers find valuable and competitors find difficult or even impossible to copy Unselected the use of supply chain partners to provide products or services Unselected the use of resources within the firm to provide products or services
Answer:
the use of supply chain partners to provide products or services.
Explanation:
In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.
When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.
Hence, outsourcing refers to the use of supply chain partners to provide products or services.
Jessica completed a four-year degree program in Finance and Accounting. She hasn't yet gained any work experience in this field. However, she's joined a professional organization. She hopes to get an entry-level job in an audit firm. How can the professional organization help her in her quest?
Answer:
Explanation:
Networking is crucial the professional organization can help her in her search this person knows that person that knows that person looking for a job that she would qualify for.
Start-up costs do NOT include:
OA. Space for the business
OB. Equipment and supplies
OC. Refinancing
OD. Labor expenses