Answer: This is a bad idea to set up a automatic minimum payment on the 18 of this month because it can be fraud risk, pricing disparities, minimum payment that is terrible. And in a cause to that, she has to pay extra, has to silly small fees, and picking the same day every month but will change due dates.
I will convince Caitlyn that this is a bad idea because the automatic minimum payment might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
The automatic minimum payment in this context means the automatic (standard) repayment plan of the loan borrowed.
Majority of borrowers are placed on the standard repayment plan because it is automatic.
However, the standard repayment plan might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
Read more about repayment plan
brainly.com/question/24866449
Scenario
Changing access controls can have some undesirable effects. Therefore, it is important to carefully consider changes before making them and provide mechanisms to reverse changes if they have unexpected consequences. Always Fresh management has asked you to develop procedures for changing any access controls. The purpose of these procedures is to ensure that staff:
Understand and document the purpose of each access control change request
Know what access controls were in place before any changes
Get an approval of change by management
Understand the scope of the change, both with respect to users, computers, and objects
Have evaluated the expected impact of the change
Know how to evaluate whether the change meets the goals
Understand how to undo any change if necessary
Required:
Create a guide that security personnel will use that includes procedures for implementing an access control change.
Answer:
Create a guide that security personnel will use that includes procedures for implementing an access control change.
Explanation:
The procedure guide must contain the steps Always Fresh security personnel should take to evaluate and
implement an access control change. You can assume any change requests you receive are approved.
Ensure that your procedures include the following:
▪ Status or setting prior to any change
▪ Reason for the change
▪ Change to implement
▪ Scope of the change
▪ Impact of the change
▪ Status or setting after the change
▪ Process to evaluate the change
Required Resources
▪ Internet access
▪ Course textbook
Submission Requirements
▪ Format: Microsoft Word (or compatible)
▪ Font: Arial, size 12, double-space
▪ Citation Style: Follow your school’s preferred style guide
Self-Assessment Checklist
▪ I created a procedure guide that provides clear instructions that anyone with a basic technical
knowledge base can follow.
▪ I created a well-developed and formatted procedure guide with proper grammar, spelling, and
punctuation.
▪ I followed the submission guidelines.
Why Is It Important To Evaluate Trade Offs And Opportunity Cost When Making Choices? Please Help Porfas
Describe the four general areas included in the study of finance. Why is it important for a person who works in the financial markets to understand the responsibilities of a person who works in managerial finance?
Answer:
The four general areas of finance are:
Investments - this area of finance deals with the investments to be made by people in order to gain returns. Investments can be in a wide range of asset classes and products such as rea estate and stocks. Risk vs return is a very important concept that guides decisions in this area. Financial Institutions - These play a very vital role in the financial world as they contribute to the movement of money in the financial system from providing avenues for investments to getting money to those who need it for investments.Corporate finance - relates to the decisions made by the powers that be in companies on how to manage the company such that it brings about positive returns for its shareholders. International finance - This deals with financial services on an international scale and has become ever so important as the world becomes more integrated.Importance of understanding managerial finance
A person who works in the financial markets aims to make gains by investing in companies. It would therefore be prudent of them to ensure they know the responsibilities of those in management in those companies so that they will predict the actions of those companies and take advantage of that to make a gain in the financial market.
Jarmon Company owns twenty-three percent (23%) of the voting common stock of Kaleski Corp. Jarmon does not have the ability to exercise significant influence over the operations of Kaleski. What method should Jarmon use to account for its investment in Kaleski
Answer: Cost method
Explanation:
The method that Jarmon should use to account for its investment in Kaleski is the cost method.
Since it's a cost method, Kaleski should record the investment in stocks at cost, that is the price that was paid for the stock. In this case, most stocks from the other investors are purchased through the brokers.
vA $1,000 three-year par-value bond yields an effective annual interest rate of 6%. Coupons are paid on an annual basis at a rate of 5% per year. Determine the modified convexity of the bond
Answer:
10.00
Explanation:
We haven = 3
Pv = 1000
Rate if interest = 6%
Coupon = 5% x 1000
= 50
∆y = assumed to be 1%
The formula for convexity =
(V- + V+)-2Vo/Vo+(∆y)²
We first solve for Vo
Using the financial calculator
Vo = 973.26
Then we solve for V-
Pv = 1000
Pmt = 50
I = 5%
n = 3
V- = 1000
We solve for V+
I = 7%
Pmt = 50
N = 3
V+ = 947.51
Then the convexity is gotten by putting these values into the formula
= (1000+947.51)-2x973.26/973.26x(1%)²this is approximately
10
Please check attachment for more details
20 POINTS AND BRAINLIEST!!! Explain the relationship between financing and marketing strategies. Choose a product or service you use often. Having learned about both marketing and finance, describe the financial decisions that you believe have gone into marketing this product or service.
Answer:
The relationship between marketing and finance is arguably one of the most important within any business. Traditionally perceived as an adversarial tug of war between marketing on one side spending the money and finance on the other trying to save it, this relationship has evolved into a modern marriage of equals.
Explanation:
I can't think of the product anymore, I've already answered the first one
On June 30, Lord Baltimore, Inc. paid Denver Insurance Company $40,000 for one year’s worth of insurance. What is the adjusting entry that should be recorded by Denver Insurance Company on December 31, after 6 of 12 months of insurance had expired? Group of answer choices
Answer:
Dr Unearned revenue, $20,000
Cr Revenue, $20,000
Explanation:
Based On the information given if on June 30, the company paid Denver Insurance Company the amount of $40,000 for one year’s worth of insurance. Which means that adjusting entry that should be recorded by Denver Insurance Company on December 31 will be
Dr Unearned revenue, $20,000
Cr Revenue, $20,000
($40,000*6/12)
The amount you pay for an insurance policy; can be paid monthly, quarterly, semi-annually, or annually.
Answer:
Premium
Explanation:
premium is the term used to describe payment made for insurance coverage. Premiums are paid by the policyholder to the insurance company. It is the insurance company that determines how much premiums the insured will be paying. Premiums are paid every end month, bi-weekly, monthly, or yearly as stated in the policy document. In other words, premium is the cost of insurance.
What's the future value of $1,300 after 5 years if the appropriate interest rate is 6%, compounded monthly
Answer:
the Future value is $1,753.51
Explanation:
The computation of the future value is shown below;
Future value = Principal × (1 + rate of interest)^number of years
where,
Intersest rate per month = 6% ÷12 = 0.5%
And, the number of months is = 5 × 12 = 60
So,
= $1,300 × (1 + 0.005)^60
= $1,300 × (1.005)^60
= $1,300 × (1.3489)
= $1,753.51
Hence, the Future value is $1,753.51
8. Consider the following alternatives: i. $100 received in one year ii. $200 received in 5 years iii. $300 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. b. What is your ranking if the interest rate is only 5% per year? c. What is your ranking if the interest rate is 20% per year?
Answer:
200 option > 300 option > 100 option
300 option > 200 option. > 100 option
100 option > 200 option > 300 option
Explanation:
Given that:
At 10% interest rate:
Amount / (1 + rate)^n ; n = Period ;
Amount of $100 in 1 year
100/(1 + 0.1)^1 = 90.909
Amount $200 in 5 years :
200/(1+0.1)^5 = 124.184
Amount $300 in 10 years :
300/(1+0.1)^10 = 115.663
$200 option > 300 option > 100 option
When rate = 5% per year
Amount of $100 in 1 year
100/(1 + 0.05)^1 = 95.238
Amount $200 in 5 years :
200/(1+0.05)^5 = 156.705
Amount $300 in 10 years :
300/(1+0.05)^10 = 184.174
300 option > 200 option. > 100 option
When rate = 20% per year
Amount of $100 in 1 year
100/(1 + 0.2)^1 = 83.333
Amount $200 in 5 years :
200/(1+0.2)^5 = 80.376
Amount $300 in 10 years :
300/(1+0.2)^10 = 48.452
100 option > 200 option > 300 option
In what situations is top-down planning likely to be superior to bottom-up emergent strategy development
Answer is given below :
Explanation:
Both strategies aim to convey and process knowledge between and within the organization. The top-down approach for sub-categories to gain insights at the senior management level breaks down a system. This is a great tool to help managers identify areas of improvement using quota and monthly matrix goals. There are flaws in this strategy, employees are not involved in the process and managers do not understand the full impact of the changes made. Morality can be affected because this strategy is motivated by fear and encouragement. The bottom line is that in some cases it is more complex, although employees feel motivated to provide more authority and quality work. The information is processed to a minimum and communicated to management. This may help in some areas because administrators may not fully understand the process. I should use the military as an example for a top down strategy. It works on the battlefield when there is no time to discuss or motivate employees. Top down is used when there is a slight change in environmental factors.. In the year 1985, a house was valued at $110,000. By the year 2005, the value had appreciated to $145,000. What was the annual growth rate between 1985 and 2005
Answer:
the annual growth rate between 1985 and 2005 is 1.38%
Explanation:
The computation of the annual growth rate between 1985 and 2005 is shown below:
Future value = Present value × e^(rate × time period)
$145,000 = $110,000 × e^(rate, 20)
$145,000 ÷ $110,000 = e^(rate, 20)
e^(rate, 20) = 1.318
Now take the log in both the sides
In(e^(rate, 20)) = ln(1.318)
r = ln(1.318) ÷ 20
= 1.38%
Hence, the annual growth rate between 1985 and 2005 is 1.38%
During the first half of 2X13, the French corporate tax rate was 26%. At the end of 2013, the French Parliament announced a changed in the corporate tax rate from 25% (July 2X13 onward) to an expected 20%. The earnings before taxes (EBT) for Kansas Ltd (Fr) are 80 million Euros first half; 90 million Euros second half of 2X13. The CFO decides to use the 20% tax rate in 2X13, prior to the passing of legislation. He is:
Answer:
d. Manipulating data
Explanation:
In the given case since it is mentioned that in the first half of the year 2013 there is a corporate tax of 26% now at the end of the year 2013 there is a change in the corporate tax i.e. 20%
Also the earning before tax would be 80 million in the first half and in the second half it would be 90 million
So this represent the data is manipulated as it would be considered the same for the whole year i.e. for 2013 but it keeps changing
Therefore the last option is correct
Julie Martin is investing $26,600 in the Invesco Charter mutual fund. The fund charges a 4.50 percent commission when shares are purchased. Calculate the amount of commission Julie must pay.
Answer:
$1,264.50
Explanation:
Calculation for the amount of commission Julie must pay.
Using this formula
Commission=Investment amount× Fund charges percentage
Let plug in the formula
Commission= $28,100 × 0.045
Commission= $1,264.50
Therefore the amount of commission Julie must pay is $1,264.50
Answer:
$1197.00
Explanation:
In order to find the answer you must take the total investment and multiply it by the commission percentage. Add a zero in front of the 4.50 to get .0450 as the number you multiply against the total investment. It looks like the following:
Total investment ($26,600) x percentage (.0450) = $1197.00
A large nuclear power plant has a rated capacity of 1 GW electric. Its actual output is estimated to average about 80% of capacity due to the need for maintenance and imperfect match between supply and demand. Assuming that year-round average residential electricity needs are about 1 kW electric per housing unit and there are three residents per unit, estimate how many power plants would be needed to satisfy the demand of a metropolitan area with a population of 30 million.
Answer:
you need 13 nuclear plants to satisfy the needs of the entire population.
Explanation:
On average, 3 people live in each house. Since the population is 30 million, then the total number of houses should be 10 million. According to your estimate, 10 million house will require 10 million KW or 10 GW.
Each nuclear plant is able to produce 0.8 GW, so you need 10 / 0.8 = 12.5 ≈ 13 nuclear plants to satisfy the needs of the entire population.
Using the weighted-average method, the equivalent units for materials are: 33,000. 41,000. 36,000. 44,000. 32,000.
Answer: $44,000
Explanation:
Equivalent units for materials in this scenario would be:
= Units completed and transferred out + Normal spoilage + Ending work in process
= 33,000 + 3,000 + 8,000
= $44,000
ADC makes latex-free tubing for blood pressure instruments. This is Group of answer choices an output of ADC. an input into the production of health. both an input and an output. These concepts do not apply to this sort of product.
Answer:
C. Both an input and an output.
Explanation:
Latex-free tubing is basically an intermediate product for for blood pressure instruments. So this product is an output for ADC organization and it is also an input for the production of blood pressure instruments in the company as well. So, the option "both an input and an output" is the correct answer.
g TB MC Qu. 01-88 The area of accounting aimed... The area of accounting aimed at serving the decision making needs of internal users is:
Answer:
The correct option is (A) Managerial Accounting
Explanation:
Managerial accounting is the accounting that identifies, measures, analyze the financial information in order to accomplish the company goals and objectives. Its decisions such as identification cost per unit, fixation of the sales price etc. These decisions should be taken by the internal users
Therefore as per the given scenario, The correct option is (A) Managerial Accounting
All of the related jobs you do during your life are called your
Ocareer
O lifestyle
O occupation
I leisure time
Answer:
Career.
Explanation:
Currently, there are a number of ways that people can use to define a career. Some people include working menial jobs as a career while some wouldn't include it in the category.
But for most people, Career represent the progress in someone's professional life. It recorded every pieces of opportunity, action, and achievements that we take up until this point. This record will continue to increase until we eventually decided to stop and retire.
BrambleFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $8,000,000 on January 1, 2020. Bramble expected to complete the building by December 31, 2020. Bramble has the following debt obligations outstanding during the construction period. Construction loan-12% interest, payable semiannually, issued December 31, 2019 $3,200,000 Short-term loan-10% interest, payable monthly, and principal payable at maturity on May 30, 2021 2,240,000 Long-term loan-11% interest, payable on January 1 of each year. Principal payable on January 1, 2024 1,600,000 (a) Assume that Bramble completed the office and warehouse building on December 31, 2020, as planned at a total cost of $8,320,000, and the weighted-average amount of accumulated expenditures was $5,760,000. Compute the avoidable interest on this project
Answer:
$650,752
Explanation:
The computation of the avoidable interest is shown below;
But before that following calculations must be done
Interest payable on short term loan
= $2,240,000 × 10%
= $224,000
Interest payable on long term loan
= $1,600,000 × 11%
= $176,000
Therefore,
Weighted average interest rate is
= ($224,000 + $176,000) ÷ ($2,240,000 + $1,600,000) × 100
= 10.42%
Now
Avoidable interest is
= [$3,200,000 × 12%] + [($5,760,000 - $3,200,000) × 10.42%]
= $650,752
Suppose that you are a U.S. producer of a commodity good competing with foreign producers. Your inputs of production are priced in dollars and you sell your output in dollars. If the U.S. currency depreciates against the currencies of our trading partners:
a. Your competitive position is likely worsened
b. Your competitive position is likely improved
c. Your competitive position is unchanged
Answer:
B)your competitive position is likely to improve.
Explanation:
From the question we are informed about an instance, whereby I'm a U.S. producer of a commodity good competing with foreign producers. My inputs of production are priced in dollars and you sell your output in dollars. In this case, If the U.S. currency depreciates against the currencies of our trading partners then my competitive position is likely improved. Competitive position can be regarded as value that is been offered by a product/service or it's band in regards to some offerings in a market. To model this, a simple graph is used which called "competitive position map" where one's offerings is plotted against the competition parameters.
The largest national herbal supplement store is running a sale on its excess supply of Vitamin C supplements. With this new price change what do you think will happen to the Vitamin C supplement market
Answer:
There will be an increase only in the quantity demanded.
Explanation:
Here are the options to this question :
There will be a shift if the demand curve as demand increases.
There will be a decrease in the quantity demanded.
There will be an increase only in the quantity demanded.
A sale reduces the price of a good. All things been equal, a price reduction increases the quantity demanded of a product. This is in line with the law of demand.
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
An increase in demand leads to a downward movement along the demand curve and not a shift of the demand curve.
Approximately what percentage of U.S. jobs are retail jobs,as of 2019?
Answer:
around 5 percent are retail jobs
Approximately 20-25% percent of U.S. jobs are retail jobs, as of 2019. Customer service abilities are a requirement for almost all retail positions so that you can help consumers with purchases and enquiries about products while remaining courteous, upbeat, patient, and professional.
What are retail jobs?Selling goods to consumers is the primary responsibility of a retail position. There are many various types of shops, offices, and businesses where one can get retail work.
Opportunities in retail can include positions such as retail sales associate in a small neighborhood store, department sales manager in a name-brand retailer, and inventory specialist in an office. Careers in retail are a great method to progress in the position and make important decisions regarding the products and sales of the company.
Therefore, we can conclude that 20-25% are retail jobs in US as of 2019.
Learn more about retail jobs here:
https://brainly.com/question/29208870
#SPJ2
The GDP price index is multiple choice 3 computed for each industry sector. a measure of the price of a specified collection of goods and services compared to the price of a highly similar collection of goods and services in a reference year. a measure of the price of a specified collection of goods and services compared to the average of the prices of a highly similar collection of goods and services for the last 10 years. a measure of nominal GDP adjusted for inflation. d. Which of the following statements is true
Answer:
a measure of the price of a specified collection of goods and services compared to the price of a highly similar collection of goods and services in a reference year.
Explanation:
The changes should be measured that made in the goods and services involved in GDP. The GDP price index would be treated as an indicator for inflation that has been determined by comparing the current GDP to the GDP made in the reference year
So it would be measured the particular collection of the goods & services that should be compared with that of the reference year
hence, first option is correct
. Suppose disposable income increases more in South Africa than it does in the United States. What is the short-run impact of this change in disposable income on U.S. net exports, the value of the U.S. dollar, and the value of the South African rand
Answer: A. Increase / Appreciate / Depreciate
Explanation:
If disposable income increases more in South Africa than it does in the U.S., assuming the U.S. is a trading partner to SA, they will export more goods to SA because South Africans will demand more goods and services as they can afford to.
This will lead to a higher demand for the U.S. dollar which is the price that the U.S. goods will be denominated in and a higher demand for the dollar will make it appreciate.
The South Africa rand will depreciate because there is less demand for it relative to the U.S. dollar.
Answer:
Increase / Appreciate / Depreciate
Explanation:
took the test
Imagine that a country produces only three goods: apples, bananas, and carrots. The quantities produced and the prices of the three goods are listed below. Goods Quantities Produced Price Apples 5 $2.00 Bananas 10 1.00 Carrots 20 1.50 Instructions: Enter your answers as a whole number. a. What is this country's GDP
Answer:
$50
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
The GDP of this country is the sum of outputs of this country multiplied by their prices
(5 x $2) + (10 x $1) + (20 x $1.50) = $10 + $10 + $30 =$50
Ping-Aye Tropical Fruits Company must choose between two transportation options: a contractual arrangement with a local carrier that costs $4,500 upfront plus $250 for each shipment, or leasing its own refrigerated trucks which will cost $20,000 plus $45 for each shipment. What is the indifference point
Answer:
The indifference point is 68 shipments.
Explanation:
First, we need to establish the total cost formula:
Local carrier:
Total cost= 4,500 + 250*x
Leasing:
Total cost= 20,000 + 20*x
x= number of shipments
Now, we equal both formulas and isolate x:
4,500 + 250x = 20,000 + 20x
230x = 15,500
x= 67.39 = 68
The indifference point is 68 shipments.
URSZINOT Borrowed $170,000 cash from a local bank, payable in two years. Record the transaction.
Answer:
see below
Explanation:
This transaction will increase both assets and liabilities of URSZINOT. It will increase cash at the bank (asset account) by $170,000 and increase accounts payable (liabilities) by $170,000. An increase in liabilities credited while an increase in assets is debited.
The journal entry will be
Bank A/c Dr. $170,000
Account Payable( loan) C/r. $170,000
g A socially responsible marketing philosophy would discourage consumers from voicing their complaints because socially responsible sellers have no obligation to listen to such complaints. True False
Answer:
False
Explanation:
A socially responsible marketing philosophy would encourage customers to voice their complaints because this helps them get feedback on their services and improve their products. Socially responsible sellers owe it to their consumers to listen to their complaints.
Dedicated personnel for customer care should be provided by organizations so as to listen to and act on the complaints of customers. This would help to sustain and repair strained relationships between the organization and the customers.
1. What is the incremental manufacturing cost incurred if the company increases production from 29,750 to 29,751 units
Answer:
$17.90
Explanation:
The below is missing from the question:
Kubin Company’s relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 units, its average costs per unit are as follows:
Amount per Unit
Direct materials $8.80
Direct labor $5.80
Variable manufacturing overhead $3.30
Fixed manufacturing overhead $ 6.80
Fixed selling expense $ 5.30
Fixed administrative expense $ 4.30
Sales commissions $ 2.80
Variable administrative expense $ 2.30
In order to determine the incremental manufacturing cost by increasing the volume of production from 29,750 to 29,751 units, we simply compute the extra variable cost of producing one extra unit since 29,751 units are still within the relevant range of output, no extra fixed costs would be incurred.
extra cost per unit=direct materials+direct labor+Variable manufacturing overhead
Sales commissions and Variable administrative expense are not included because they are not manufacturing costs
extra cost per unit= $8.80 +$5.80 +$3.30 =$17.90