Answer:
You would have made 58.00 payments
Explanation:
From the given information:
The future value of the annuity = [tex]Pmt \times [\dfrac{(1+rate)^t-1}{rate}][/tex]
[tex]24354 = 320 \times [\dfrac{(1+\dfrac{0.11}{12})^t -1 }{\dfrac{0.11}{12}}][/tex]
[tex]76.11 = [\dfrac{(1+\dfrac{0.11}{12})^t -1 }{\dfrac{0.11}{12}}][/tex]
[tex]76.11 \times {\dfrac{0.11}{12} = [{(1+\dfrac{0.11}{12})^t -1}][/tex]
[tex](1+ (76.11 \times {\dfrac{0.11}{12})) = [{(1+\dfrac{0.11}{12})^t }][/tex]
[tex]In (1+ (76.11 \times {\dfrac{0.11}{12})) = t \ In [{(1+\dfrac{0.11}{12})}][/tex]
[tex]\mathtt{t = \dfrac{In (1+ (76.11 \times {\dfrac{0.11}{12})}} { In [(1+ \dfrac{0.11}{12}]}}}[/tex]
t = 58.00
S) Barkley and James cannot attend training during the exercise. They must attend before 4 May or after 25 May. Identify the concept used to determine the derivative classification of the new document.
Answer:
Revealed by
Explanation:
The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document
Therefore the concept i.e used to determine the classification of derivatives is revealed by concept
In an open economy, a contractionary fiscal policy will have a ________ impact on aggregate demand and, therefore, will be ________ effective in slowing down an economy.
Answer:
The answer is smaller, less
Explanation:
Definition of terms:
Open economy is an economy that does not restrict itself to only domestic economy but rather trade freely with other economies of the world.
Contractionary fiscal policy is used by the government of a country to slow down the economy. Here, government either increases tax or cut its spending.
So a contractionary fiscal policy in an open economy will have a SMALLER impact on aggregate demand because increase in trade with other economies will neutralize this policy and will be LESS effective in slowing down the economy.
In January 2017, Khors Company issued nonqualified stock options to its CEO, Jenny Svaro. Because the company did not expect Ms. Svaro to leave the company, the options vest at the time they are granted with a total value of $52,500. In December of 2018, the company experienced a surge in its stock price, and Ms. Svaro exercised the options. The total bargain element at the time of exercise was $65,000. For 2018, what is the book-tax difference due to the options exercised?
Answer: $65,000 favorable
Explanation:
From the question, we are informed that January 2017, Khors Company issued nonqualified stock options to its CEO, Jenny Svaro and that because the company did not expect Ms. Svaro to leave the company, the options vest at the time they are granted with a total value of $52,500.
We are further told that in December of 2018, the company experienced a surge in its stock price, and Ms. Svaro exercised the options and that the total bargain element at the time of exercise was $65,000.
For 2018, the book-tax difference due to the options exercised will be a favorable of $65000. It should be noted that the company will deduct $52500 as the stock option value in 2017 for financial purpose.
A seller sold a house to a buyer allowing the buyer to take over the loan on a "subject to" basis. After 2 years, the buyer defaulted on the loan. Who would be liable to the lender for the note?
Answer:
The Seller would be primarily liable
Explanation:
Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.
Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan
According to the situational leadership theory, if employees are unwilling and unable, the appropriate leadership style in this situation would be
Answer:
directive
Explanation:
Directive leadership is a form of leadership, often employed by managers or supervisors in mostly a situation whereby the task to be carried out or done is intricate or difficult and the employees assigned to it, are unwilling and unable. This style of leadership is considered the most appropriate or effective according to situational leadership theory.
Hence, the correct answer in this situation is DIRECTIVE.
California residents Kate and Jennifer decide to make a "deal": Kate will sell Jennifer her new Dell laptop for $600, a steal since she paid over $1,000 for it. They both feel they've gotten a great deal. Does this agreement need to be in writing, under California law?
Answer:
Yes, because under California law, an agreement for the sale of personal property must be in writing if the amount or value of the property exceeds $500.00
Explanation:
The "Statute of Frauds provisions require a contract written and signed by the the parties involved in the contract for certain types of contract for such contracts to be binding and enforceable. The Statute of Frauds is applicable to contracts that are likely to be subjected to fraud such as marriage contracts, agreement that lasts over a year, repayment of another person's debt, real estate and sale of goods worth $500 and above.
When negotiating, the tendency is to want to win! Why is this not a good approach when managing contracted relationships
Answer:
All of these are reasons a competitive approach to negotiation should not be used when managing contracted relationships.
Explanation:
Negotiation may be defined as a dialogue that is carried between two or sometimes more than two people or parties that are intended to reach a beneficial result or an outcome over some issues where there is a conflict between the people or parties.
It is suggested that while negotiating with the contracted parties, it is not always good to have the winning tendency --
-- such approach may cause some dysfunctional conflict to rise and then negotiations to break down.
-- this kind of approach inhibits a degree of trust and also the cooperation needed for the partners to work
the fair value of Carley is estimated to be $720,000. The carrying value of Carley’s net identifiable assets, including the goodwill, at year-end is $750,000. Prepare Vinson’s journal entry, if necessary, to record impairment of goodwill.
Answer:
A.$200,000
B.Dr Loss on impairment $30,000
Cr Goodwill $30,000
Explanation:
(a) Computation of the amount of goodwill acquired by Vinson
Purchase price$900,000
Fair value of net assets $700,000
(Fair value of assets $950,000-
Fair value of liabilities $250,000)
Value assigned to goodwill $200,000
($900,000-$700,000)
(b) Preparation of Vinson’s journal entry to record impairment of goodwill.
Based on the information given we were told
the fair value of Carley is the amount of $720,000 while the implied fair value of goodwill is the amount of $170,000 and we were also told that carrying value of Carley’s net assets as well include the goodwill which is the amount of $750,000 which means that their is loss on impairment because the fair value amount is lower than carrying value which means that the journal entry to record impairment of goodwil will be ;
Dr Loss on impairment $30,000
($200,000 − $170,000)
Cr Goodwill $30,000
On February 1, 2020, ABC Company factored receivables with a carrying amount of $700,000 to Agee Company. Agee Company assesses a finance charge of 3% of the receivables and retains 5% of the receivables. Relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of Henson Company for February.
Assume that Herson factors the receivables on a with recourse basis. The recourse obligation has a fair value of $3,500. The loss to be reported is:_________
Answer:
$42,000
Explanation:
The computation of the loss to be reported is shown below:
As there are finance charge of 3% and retains 5% so the total percentage of loss is 8%
And, the carrying amount os $700,000
So, the loss i.e. to be reported is
= Carrying amount × total percentage of loss
= $700,000 × 8%
= $42,000
hence, the loss is $42,000
What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,000 at the end of Year 4 if the interest rate is 5%? Select one: a. $9,428 b. $10,446 c. $8,509 d. $8,957
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Cash flow= $2,250
n= 4
i= 5%
Additional investment= $3,000
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,250*[(1.05^4) - 1]} / 0.05
FV= 9,697.78 + 3,000
FV= $12,697.78
Now, the present value:
PV= FV/(1+i)^n
PV= 12,697.78/(1.05^4)
PV= $10,446.5
Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property (of not more than four units) the listing contain the following provision before the compensation clause: "Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each broker individually and may be negotiable between the seller and broker." This clause must be printed:
Answer:
The remaining part of the question is:
They are set by each broker individually and may be negotiable between the seller and broker.” This clause must be printed:
1. In not less than 8-point boldface type.
2. In not less than 10-point boldface type.
3. In not less than 11-point boldface type.
4. In not less than 12-point boldface type.
Correct Answer:
2. In not less than 10-point boldface type.
Explanation:
In-order to print the clause, the 10-point boldface type should be the minimum font on which the compensation clause is printed. It would make it easier to read.
The compensation clause must be printed: In not less than 10-point boldface type.
A compensation clause can be defined as an amount of money that is paid to property owners with respect to the legal seizure of their private (personal) property such as a land, especially for public use by the government. Thus, a private (personal) property owner is paid the fair market value for his or her property based on the compensation clause.
Additionally, the compensation clause is legally defined under the Takings Clause in the Fifth Amendment of the Constitution of the United States of America.
According to the California Business and Professions Code, the compensation clause must be printed in not less than 10-point boldface font type, so that is legible or readable for mortgage brokers, agents, borrowers, owners and other parties involved.
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The common stock of Flavorful Teas has an expected return of 12.00 percent. The return on the market is 8 percent and the risk-free rate of return is 3.0 percent. What is the beta of this stock?
Answer:
1.8
Explanation:
The beta of the stock can be calculated by rearranging the expected return formula. The expected return formula is given below
DATA
Risk free rate of return = 3%
Return on the market = 8%
Expected return = 12%
Beta =?
Expected return = Risk free rate of return x Beta( Return on market - Risk free rate of return)
12% = 3% x Beta(8% - 3%)
12% - 3% = Beta (5%)
9% / 5% = Beta
Beta = 1.8
Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because
Answer:
the products would no longer be similar in the wheat market.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
the products would be different because the wheat of the firm that made the discovery would taste better and have less calories. this would make the wheat market would become less competitive because a key characteristic of perfect competition is homogeneity of products.
A marketing manager has discovered that relevant, internal secondary data don't exist to support a decision process. The next step the manager should take is to
Answer: Look for external sources for the relevant data
Explanation:
To get some process accomplished in some firms, you might not really have all information available to you when carrying out the task, some which you thought to help might not be capable to carrying out the task. One fo the best thing to do is to source for information outside the information you received for the project to complete the task you have at hand. As the manager, you have to source for external information to complete the task.
A(n) _____ staffing approach is compatible with an international strategy but can produce resentment in the host country.
Answer:
geocentric
Explanation:
The staffing policy which which seeks for staffing the best people for main jobs throughout the organization, regardless of their nationality is called geocentric policy. It is very much compatible to any international strategy but there can be some resentments in the host country due to cultural myopia.
There can be also lack of some management transfers from the home country to the host countries also from the host to home. There can be lack of integration also.
One reason given for the decline in the number of U.S. Workers employed in manufacturing is that manufacturing firms in the U.S. Have become more efficient.
Answer: True
Explanation:
The reason There have been a high decline in numbers of workers employed in the manufacturing industries is as a result of advancement in Technology, this technology had made work more efficient, faster, reliable and more productive. Which has result in the need of fewer workers to man this machines.
Fayol suggested that workers be given more ______ in order to counteract the boredom that many workers feel arising from too much specialization.
Answer:
job duties
Explanation:
The job duties refers to the duties that have to be performed while in a job. Different specialization people has the different jobs duities that have to be performed on the daily basis
Since in the question it is mentioned that Fayol recommend that workers provided more job duties so that the boredom could be minimized
Hence, the job duties would be conisdered
A contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation is known as:
This question is incomplete because the options are missing; here is the complete question:
A contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation is known as:
A. Joint venture.
B. Licensing.
C. Countertrade.
D. Strategic alliance.
E. Export-import agent.
The correct answer is B. Licensing
Explanation:
In businesses, licensing refers to a type of agreement between two companies or firms that involves one of the firms is allowed to use the brand, model, and other business elements of the other firm. This often involves the firm can produce the product of the other firm for a time. Moreover, in compensation, the firm whose product is being produced receives money or any other benefit. This type of agreement is often beneficial for the two firms involved because the firm sharing its model and product can expand its popularity, while the other firm can obtain profits. This agreement is the one described because only in this one firm permits another to use its brand and produce its product.
In the IS-LM model, if government spending rises by $1,000 and if the marginal propensity to consumer is equal to 0.90, then equilibrium output will rise by
Answer:
Equilibrium output will rise by $10,000.
Explanation:
Marginal propensity to consume (MPC) shows the change in the amount consumption expenditure by consumer as a result of change in the national income.
In order to calculate the amount by which equilibrium output will rise, we need to first calculate the multiplier as follows:
Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.9) = 1 / 0.1 = 10
Since we also have:
Amount of rise in government spending = $1,000
Therefore, we have:
Effect $1,000 rise in government spending on equilibrium output = Amount of rise in government spending * Multiplier = $1,000 * 10 = $10,000
Therefore, equilibrium output will rise by $10,000.
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then :______
a. consumers will purchase more of the good.
b. the price of the good will decrease.
c. supply will decrease.
d. the quantity of the good produced will increase.
Answer:
c. supply will decrease.
Explanation:
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then supply will decrease.
Generally, when consumers of a particular product notices that the product has an adverse effect on the environment (pollution) or it is a product that causes environmental degradation, they are most likely to stop demanding or buying such products. Consequently, as the demand for such goods falls or decreases; there would be a fall in the supply of such goods. This is so because the demand for goods and services is directly proportional to the amount of quantity supplied.
vegetables wilt of soften and their color intensifies as they
Answer: boil
Explanation:
Answer:
Saute
Explanation:
Vegetables wilt and soften when sauteing for example spinach, bokchoy and kale to name a few.
In the book, Service America, there are two basic kinds of service. One is "Help Me" and the other is "_____________".
Answer: Fix it
Explanation:
Service America is a book that does how business can be done in America and is still regarded as a classic, the book showed the importance of the service management and how it'll affect the economy.
In the book, Service America, there are two basic kinds of service. One is "Help Me" and the other is Fix it.
Concord Corporation produces several products that can be sold at the split-off point or processed further and then sold. The following results are from a recent period: Product Sales Value at Split-off Additional Variable Costs Sales Value after Further Processing Green lumber $159600 $24000 $178000 Rough lumber 126000 28500 176400 Sawdust 106000 20300 134400 What is the increase in profit if the appropriate products are processed further?
Answer:
only two products should be processed further because they will generate additional profit:
further processing rough lumber generates $21,900 in additional profitsfurther processing sawdust generates $8,100 in additional profitstotal additional profits = $30,000Explanation:
Product Sales value Additional var. Sales value after
at split-off costs further processing
Green lumber $159,600 $24,000 $178,000
Rough lumber $126,000 $28,500 $176,400
Sawdust $106,000 $20,300 $134,400
the additional profits generated by further processing are:
green lumber = ($178,000 - $159,600) - $24,000 = -$5,600
rough lumber = ($176,400 - $126,000) - $28,500 = $21,900
sawdust = ($134,400 - $106,000) - $20,300 = $8,100
A store that advertises a buy one get one free sale is
Answer:
BOGO
Explanation:
i looked it up on Google
Alternative methods exist for the measurement of the pension obligation (liability). Which measure requires the use of future salaries in its computation
Answer: Projected benefit obligation
Explanation: The projected benefit obligation is a method employed in the calculation of pension liability or expenses. The projected benefit obligation determines the amount an organization will have to sidea side into a pension benefit scheme or plan which will be adequate enough to cater for the pension or entitlement of the company's employees while also incorporating expected Increment in salaries of workers in it's computation. In preparing a projected benefit obligation, factors which are considered and incorporated in the calculation includes but not limited to ; future rise in employees salaries, estimated years of service.
In accounting, the measure that requires the use of future salaries in its computation is projected benefit obligation.
What is projected benefit obligation?
A projected benefit obligation can be regarded as an actuarial measurement of the nerds of a company so as as to cover future pension liabilities at that time.
It should be noted that projected benefit obligation always take an assumption that there wont be a terminated plan in foreseeable future.
Therefore, Alternative methods exist for the measurement of the pension obligation can be regarded as projected benefit obligation.
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"The person who shares in selling responsibility and liability, but who does not have decision making authority in a new issue syndicate, is known as the:"
Answer:
Syndicate members
Explanation:
Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work
An IAR (Investment Adviser Representative) is employed by a Registered Investment Adviser in a State. The IAR has a young, wealthy, client with an investment objective of aggressive growth. To meet the objective, the IAR engages in active trading strategies, using an outside broker to effect the trades at a discounted rate. The IAR receives a small payment from the broker for these trades. Which statement is TRUE
Correct/Complete Question:
An IAR (Investment Adviser Representative) is employed by a Registered Investment Adviser in a State. The IAR has a young, wealthy, client with an investment objective of aggressive growth. To meet the objective, the IAR engages in active trading strategies, using an outside broker to effect the trades at a discounted rate. The IAR receives a small payment from the broker for these trades. Which statement is TRUE?
A. Because the payment received by the IAR is small, there is no requirement to notify the client of the payment arrangement with the executing broker
B. Because the client has an investment objective of aggressive growth, requiring an active trading strategy, there is no requirement to notify the client of the payment arrangement with the executing broker
C. The IAR must notify the client of the payment arrangement with the executing broker
D. The IAR must notify RIA of the payment arrangement with the executing broker
Answer:
C, The IAR must notify the client of the payment arrangement with the executing broker.
Explanation:
It is important that the IAR notifies the client of the payment arrangement with the executing broker. This is because the client has the right to know everything that is happening with his stocks that is being traded.
This also helps to put the IAR in good light.
Cheers
Because many discount stores are providing more services and better shopping environments, the distinction between discount stores and __________ stores is becoming blurred.
Answer:
The correct answer will be "department".
Explanation:
Leading manufacturing institutionalization, coordinated into different organizations with nothing but a profound comprehension of products and services throughout wide assortment or even just wide variety. To encourage or enhance the order, client care, merchandising, management control, all branches are headquartered underneath the common roof.So that the above would be the correct choice.
The approach to quality management which advocated the need for quality control and provided the foundations for statistical sampling in quality control is the contribution of:
Answer:
Walter Shewart
Explanation:
Most modern control measures that give priority to quality control and statistical sampling in quality control can be traced to Walter Shewart .
Walter Shewart , nicknamed the grandfather of Total Quality Management developed a statistical process control approach to quality management to aid managers in making an efficient ,effective and economical decision.
In respect to statistical sampling and analysis , he developed the Shewart learning and improvement cycle combining creative management thinking and with statistical analysis.
If Julie spends the weekend working, should she later initiate an executive discussion of the bank’s espoused values and principles in regard to issues of work–life balance for their employees? Support your position.
Answer:
Yes she should.
Explanation:
Julie should initiate an executive discussion of the bank's values and principles that support issues of work life because according to the above scenario, she has been at work during weekends hence does not have time for her family. While everyone knows that family comes first, the issue of work life balance must be taken seriously because asides the time for annual vacation, the only other time she has for her family is on weekends.
Julie should inform them of how hardworking she has been and working on weekends means she will no longer have time for her family hence could drift them apart. Also, she should explain how she value her life hence needed to also rest on weekends. Where all of theses discussions are not acceptable by the management or they rather insisted she works on weekends, then she might have to call it quit, which shows that the management does not stay true to their commitment on issues of work life balance for their employees.