Answer:
Amount to be deposited each year = $3,907.58
Explanation:
The equal annual deposit can be worked out using the future value of an ordinary annuity formula. An an annuity is a series of equal cash flows receivable for certain number years.
Future Value of an ordinary annuity (FVOA). The represents the total sum of that would accrue where a series of annual cash flow (each occurring at the end of the year) is compounded at a particular rate. It can be determined as:
A=FV ÷( (1+r)^n - 1)/r).
FV- Future value
A- annual cash flow
R- rate of interest
n-number of years
The first cash flow does earn interest in the first year because it occurs at the end of the year
( (1+r)^n - 1)/r)= (1.071^9 - 1)/0.071=12.028
FV- 47,000
A= 47,000/12.028 = 3907.58
A-$3,907.58
Amount to be deposited each year = $3,907.58
A registered person's FINRA registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after:
Complete Question:
A registered person's FINRA registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after:
Group of answer choices
A. 30 days
B. One year
C. Two years
D. Three years
Answer:
C. Two years.
Explanation:
In this scenario, a registered person's Financial Industry Regulatory Authority (FINRA) registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after two (2) years.
Generally, if a broker's license is inactive, he or she can avoid taking another examination by getting employed with another registered member firm within two (2) years.
Additionally, FINRA is a non-profit agency in the United States of America, it is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
A salesperson makes a large sale for which she is entitled to a commission. To avoid making the payment, the employer terminates the employee. The legal claim that best applies to this termination is:
Answer:
breach of the covenant of good faith and fair dealing
An overview of the estimated financial impact, including cost of the proposed changes, revenue generated, and staffing impacts to the bureaucracy resulting if the bill passes, is referred to as:
Answer:
legislative fiscal note
Explanation:
The term that is being described in the question is referred to as a legislative fiscal note. This is a requirement under senate rule in order to pass a final vote when reporting any bill or joint resolution. The committee takes and reviews this fiscal not, taking into account all the estimated costs provided by it, in order to determine whether or not the bill will provide more good than what it is costing so they can make their final verdict of whether to pass the bill or not.
Emily is a real estate salesperson in Albany. How will Emily know if the residential market in Albany is depreciating...?
Answer:
Emily would be able to know if the residential market in Albany is depreciating through the actions of investors in that sector. In a situation where people are no longer willing to invest in Albany, through purchase of houses, it shows that the residential market is depreciating. Also, when there are lack of buyers of residential houses is another factor indicating depreciation.
Explanation:
Type the correct answer in the box. Spell the word correctly. Which economic condition is described? Brenda's community is suffering as the primary employer has shut down and all workers were laid off. In addition, the price level has increased significantly. This economic condition is known as
Answer:
stagflation
Explanation:
Stagflation is a combination of high unemployment plus high inflation and economic recession. This is the worst possible scenario that an economy can face, it is basically a "perfect storm" that destroys everything.
Since the primary employer shut down, unemployment rose. The price level has increased significantly = high inflation. As a combination of both, economic recession will hit the community."To meet the customer's investment objective of tax advantaged income, the BEST recommendation is for the customer to:"
Customer Name: Jack and Jill Customer
Ages: 62 and 57
Marital Status: Married - 39 years
Dependents: None
Occupations: Jack - Manufacturing Manager - Dyno-Mite Corp.
Jill - Marketing Consultant - Self Employed
Household Income: $140,000 Joint Income
($100,000 for Jack and $40,000 for Jill)
Net Worth: $1,100,000 (excluding residence)
Own Home: Yes $420,000 Value, No Mortgage
Investment Objectives: Income / Tax Advantaged
Risk Tolerance: Moderate
Investment Time Horizon: 25 years
Investment Experience: 30 years
Tax Bracket: 30%
Current Portfolio Composition: Cash in Bank: $30,000
Growth Fund: $50,000
Variable Annuity: $50,000
Growth Stocks: $150,000
Retirement Accounts:
Jack's IRA: $100,000 invested in growth stocks
Jack's 401(k): $600,000 invested in Dyno-Mite Corp. stock
Jack's 529 Plan for Grandchild: $20,000 in growth mutual fund
To meet the customer's investment objective of tax advantaged income, the BEST recommendation is for the customer to:
A. immediately liquidate the entire Dyno-Mite position and invest the proceeds in high yield bonds
B. set a minimum and maximum threshold price to liquidate as much of the Dyno-Mite stock as the customer will permit, and invest the proceeds in high yielding common and preferred stocks
C. liquidate the IRA without penalty since Jack is past age 59 1/2, and use the proceeds to buy corporate income bonds
D. consider early retirement, since Jack is old enough to receive Social Security as a means of supplementing income
Answer:
B. set a minimum and maximum threshold price to liquidate as much of the Dyno-Mite stock as the customer will permit, and invest the proceeds in high yielding common and preferred stocks
Explanation:
Given that, the customer has a "moderate" risk tolerance level and dividend income is at the moment taxed at the preferential rate of 15%, therefore, it is expected that investments in high yielding common and preferred stocks will meet the customer's objective of tax-advantaged income.
Hence, the right answer is Option B. set a minimum and maximum threshold price to liquidate as much of the Dyno-Mite stock as the customer will permit, and invest the proceeds in high yielding common and preferred stocks
An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register
Complete Question:
An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register?
Group of answer choices
A. SEC
B. State
C. Both the SEC and the State
D. Neither the SEC nor the State
Answer:
B. State.
Explanation:
In this scenario, an investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. The investment adviser representative must register with the state.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Joe works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position. What type of financing does this describe?
Answer: Participation
Explanation:
Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.
Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.
Wassup Mrs. Lorenzo?
How is your day going? Mine is going great. I am sitting here in art class and am supposed to be working on a project, but I don't really want to. In fact, I don't really want to be in school. I hate school. My mom makes me go because she says classes like English are "important.” I'm all like "whatevs mom.” English is stoopid. Video games are where it’s at.
Anyway, I was looking online
and it looks like you messed up my grade. You need to change it back immediately or I will get in trouble. Can you explain this. Take care of this asap. Please and thx
can one of y’all help
me rewrite this
Answer:
Explanation:
before I write it, I don't really know how formal you want this to be....but here's a formal one?
Dear Mrs Lorenzo,
I hope you're having a great day. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
Yours sincerely,
whatever your name is
I'm guessing that would be formal enough if it was a school teacher, but I'm surprised you're putting all of this "i hate school" stuff in a letter to your teacher? But hey, if only I could be that frank with my teachers lol
Hope this helped - stay strong through school lol it'll be over one day
Answer:
Explanation:
Dear Mrs Lorenzo,
I hope this letter finds you well. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
P.S your my favorite teacher dont tell the others
Marigold Corp. sells its product for $80 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $20, direct labor $12, and variable overhead $1. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under variable costing is:_____.a. $32. b. $33. c. $47. d. $45.
Answer:
Unitary production cost= $33
Explanation:
Giving the following information:
Costs per unit are:
direct materials $20
direct labor $12
variable overhead $1
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Unitary production cost= 20 + 12 + 1
Unitary production cost= $33
Creating
public awareness about goods
produced by a company
responsibility of which
department?
A. Mechanical.
B. Marketing.
C. Personnel.
D. Production.
E. Administrative.
Answer:
I think production
hope it helps
How did Coca-Cola materialize into an American value? How did this help and hurt Coca-Cola? (and, in some ways, America itself?)
Answer: Brilliant marketing and commercials
Explanation:
One of the top advantage any firm or organization is the ability for it to be consistent with it's advertisement and marketing policy in a creative manner and to deliver when people purchase it's products. This is how Coca cola became famous within the American industry, it grew by virtue of it's brilliance in marketing, excellent and always creative commercials. These all helped pushed Coca cola into wider region of the American market and into the world.
On an 8% straight term loan of $6,071 the borrower paid total interest of $1,700. What is the term of the loan?
Answer:
Time taken for loan (T) = 42 mount
Explanation:
Given:
Rate of interest (r) = 8% = 0.08
Loan amount (P) = $6,071
Interest amount (I) = $1,700
Find:
Time taken for loan (T)
Computation:
I = PRT
1,700 = [6,071][0.08][T]
T = 1700 / 485.68
T = 3.5 year
Time taken for loan (T) = 3.5 × 12
Time taken for loan (T) = 42 mount
Environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses. Group of answer choices
Answer: False
Explanation: The complexity of a business environment can be explained as the relationship or correlation between the different variables which exists in a business environment. The interdependence or connection between these variables constitutes the degree of complexity of these variables which in most cases are of utmost importance to businesses as the understanding of these complex connections will enable businesses to come up with schemes, policies and models capable of thriving and aiding business growth.
Hence, the extent to which managers can predict environmental changes does not mean environmental complexity.
Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of _____.
Answer:
the globalization of production.
Explanation:
Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.
Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.
Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.
Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
A ______ is a word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distinguish them from the goods of others.
Answer:
trademark
Explanation:
The trademark refers to the logo design, name, word, symbol of the product that represents the company and used for the sale of the goods.
With the help of the trademark, the company could distinguish its products as compared with the competitors with the motive to gain a competitive advantage in the market place
Therefore this is a trademark
When faced with a number of tight deadlines, Mandy Moore often delegates work collectively. Recently she chose some fairly experienced employees to work on a high-priority project. She was heartened to see that the selected group of employees was having numerous meetings and working hard. However, when she went to check on their progress at the halfway mark in the project schedule, she was shocked to see how little the team had done in the past three weeks. This scenario reflects ________.
Answer:
social loafing
Explanation:
Social loafing is when an individual is less efficient when working within a group unlike working solely. In a social loafing, people in a group tends to be less productive whereas are more productive when working individually.
Lack of motivation is one of the cause of social loafing. When people in a group are not fully motivated, such may result in social loafing hence affect the output turnout. Also, when people in a group are not made to account for their actions and inactions, such would eventually result to social loafing.
"A new client with no other investment assets has just come into an inheritance of $500,000 of ABCD stock, a blue chip company listed on the NYSE. As the adviser to this customer, your IMMEDIATE concern should be:"
Answer:
lack of diversification in the client's account
Explanation:
As a brokerage firm, your immediate concern in this situation should be the lack of diversification in the client's account. This is an incredibly large amount of money and the client has 100% of it invested in a single stock. Seeing since it is a blue-chip company, chances of it being delisted or its price falling sharply are very low but still possible. Still having all your money in a single asset is extremely risky, and every client should be diversified in many assets in order to reduce the portfolio's overall risk.
Comparing the percentage of applicants hired from different subgroups to determine if they are significantly different from each other is an example of a
Complete Question:
Comparing the percentage of men, women, or minorities employed in a job category with their availability in the relevant population of qualified people interested in the position is an example of a ________.
Group of answer choices
A) bona fide occupational qualification
B) concentration statistic
C) flow statistic
D) stock statistic
Answer:
C) Flow statistic.
Explanation:
A flow statistic can be defined as a statistical tool used to measure a sample at intervals, over a specific period of time.
Comparing the percentage of applicants hired from different subgroups to determine if they are significantly different from each other is an example of a flow statistic. A flow statistic involves the accumulation of data about a defined population within a reference period.
________ play an important role in efficiently making products available to target markets in the needed varieties and quantities.
Answer:
Intermediaries
Explanation:
Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.
Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.
Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.
You have $400,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years?
Answer:
$2,827.11
Explanation:
For computing the monthly payment, we need to use the PMT formula i.e. to be shown in the attachment
Given that
Present value = $400,000
Future value or Face value = $0
RATE = 7% ÷ 12 months = 0.58333%
NPER = 25 years × 12 months = 300 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $2,827.11
Chavin Company had the following results during August: net operating income, $350,000; turnover, 2; and return on investment (ROI) 24%. Chavin Company's average operating assets were:
Answer:
$1,458,333.33
Explanation:
Chavin company has a net operating income of $350,000
The turnover is 2
The return on investment is 24%
= 24/100
= 0.24
Therefore, the average operating assets can be calculated as follows
ROI= Net operating income/Average assets
0.24= $350,000/average assets
Average assets= $350,000/0.24
= $1,458,333.33
Hence the Chavin's company average operating assets were $1,458,333.33
Two colleagues working on a classified project are discussing classified information in earshot of unauthorized recipients. Which type of unauthorized disclosure is occurring?
Answer:
Spills
Explanation:
Unauthorized disclosure of information is described as a careless reveal of confidential information to an external party that is not in the position to have an access to such information.
The type of un authorized disclosure in this scenario is Spills. Spill occurs when confidential information is revealed carelessly without intent compared to spying and espionage where spies are engaged to access information. In some situation , the spilling party may not even know that he is revealing information to an external party.
As the mayor of a local town, Wang has the power to repeal workplace safety laws. For construction workers building the local school, the repeal of all workplace safety laws would
Options:
A) reduce their wages because of less severe positive compensating differentials.
B) increase their wages because of less severe positive compensating differentials.
C) reduce their wages because of more severe positive compensating differentials.
D) increase their wages because of more severe positive compensating differentials.
E) result in no effect on their wages because of offsetting differentials
Answer: D) increase their wages because of more severe positive compensating differentials.
Explanation: By repealing workplace safety rules and laws, the associated risk involved in working at a construction company in the town increases, due to the increase in risk due to the annulment of the safety laws, the job becomes more undesirable and hence there is a need for increased motivation in other to entice workers usually in the form of wage Increment, this increase in wage is called the compensating differential. Since the job as become undesirable and the Increment is used to compensate for the risk attached, then the differential is said to be positive. Hence, there is an increase in wages because of more severe positive compensating differentials
Assume the price of Coca-Cola increases. As a result, your real income decreases and you decrease the quantity of Coca-Cola purchased each month. This is an example of the:
Answer:
income effect
Explanation:
Income effect measures the change in quantity demanded of a good as a result of a change in real income or purchasing power.
As a result of the rise in price of the drink, real income fell and this led to a fall in the quantity demanded of the drink. This is the income effect.
Patricia is single and her son Quinn is age 11. If her AGI is $207,000, what amount of child tax credit can she claim?
Answer:
$1,650
Explanation:
The general amount of child tax credit = $2,000 where the child is below 17 years of age in case of single parent.
Here, Quinn is of 11 years and thus, fill this condition appropriately.
Further if the Adjusted Gross Income AGI is more than $200,000 then the amount shall be reduced by 5% of income more than $200,000
Therefore, child tax credit = $2000 - (5% of $207,000 - $200,000)
= $2000 - (5% of $7,000)
= $2,000 - $350 = $1,650
what effect will a low economic growth have on the country
Answer:
it can lead to national poverty and economy crisis
________ is the movement to protect the valid interests of consumers and is a major force in small business today.
The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay their proportional share of the cost, the city may file:______.a) property tax lien.
b) assessment lien.
c) general lien.
d) mechanics' lien.
Answer:
b) assessment lien.
Explanation:
In this scenario, The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay their proportional share of the cost, the city may file assessment lien.
Assessment lien can be defined as a hold or a legal claim on a property being owed by another, while benefiting from an improvement or modification made and shall be deducted from the client for the improvements made by a municipal owner.
Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the straight-line method, depreciation for 2021 and book value at December 31, 2021, would be:
Answer:
Depreciation 2021 = $10,000
Book Value 2021 = $35,000
Explanation:
Straight Line method charges a fixed amount of depreciation during the use of an asset.
Depreciation Charge = (Cost - Residual Value) ÷ Estimated Useful Life
Therefore,
Depreciation 2021 = ($45,000 - $5,000) ÷ 4
= $10,000
Book Value = Cost - Accumulated Depreciation to date
Therefore,
Book Value 2021 = $45,000 - $10,000
= $35,000