The purchase price or appraised value, whichever is lower, is the correct option when considering the loan-to-value ratio in mortgage lending
What does an 80% loan-to-value ratio mean?
The loan-to-value ratio means the percentage of the property worth that the borrower could receive as a loan from the financial institution, which means that the remaining percentage after deducting the loan-to-value ratio from 100% would be financed by the borrower, which serves as a way to avoid default.
Ordinarily, the loan-to-value ratio is applied to the lower of the selling price or the appraised value of the property, but note that a selling price to one party is the purchase price to another, hence, option d is correct
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Rather than having employees do only one part of the assembly process for one of your toys, you want to change the process so that they each assemble an entire product. What type of change would you initiate
the correct answer is task redesign
Work redesign (also known as job redesign) is the process of reorganizing these obligations and responsibilities to suit the changing reality of work.
There are three ways managers can change the work of their employees: enriching the work, expanding the work, and rotating the work. Job enrichment provides employees with the tasks they need to complete as part of their job and the responsibilities and privileges they need to complete those additional tasks.
For example, if an employer decides to hire an older employee (aged 55 or older) as a customer service representative because he believes that older employees are more patient and manage disputes better.
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Between October 2014 and October 2015, the CPI in Canada rose from 110 to 124 and the CPI in Mexico rose from 200 to 229.1. What were the inflation rates for Canada and Mexico over this one-year period
3.3 percent for Canada and 9.1 percent for Mexico is the answer
Inflation is a common rise in the prices of goods and services in the economy. As general price levels rise, fewer goods and services are purchased by each currency unit. As a result, inflation responds to a decline in the purchasing power of money.
Inflation is the rate of increase in price over a period of time. Inflation is usually a wide range of indicators, including general rises in prices and rising living costs in the country.
Inflation is a measure of the rate of increase in the prices of goods and services in the economy. Inflation can occur when prices rise due to rising production costs such as raw materials and wages. Increased demand for products and services can lead to inflation as consumers are willing to pay more for their products.
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Marshall suggested that the cause of a downward-sloping long-run supply curve is a. The absence of fixed cost in the long run. B. The increased number of firms in the industry. C. Reduced input prices. D. Reduced output prices.
Marshall suggested that the cause of a downward-sloping long-run supply curve is a) The absence of fixed cost in the long run.
A fixed cost tends to increase the marginal cost curve in the short run but due to the fact that the fixed cost is not viable in the long run, the marginal cost declines and so the long-run supply curve is falling in the long run.
In a lowering value industry, the long-run deliver curve is downward sloping due to the fact that as output will increase and new corporations input, production costs decline. The computer enterprise is an instance of a downward sloping supply curve, considering the fact that as the range of computers produced multiplied, the charge of inputs, consisting of chips, decline.
The lengthy-run deliver curve for an industry in which production fees boom as output rises (a growing-value industry) is upward sloping. The long-run deliver curve for an enterprise wherein manufacturing costs lower as output rises (a reducing-price enterprise) is downward sloping.
The long-run delivery is the delivery of goods to be had whilst all inputs are variable. The lengthy-run supply curve is always extra elastic than the short-run delivery curve. The lengthy-run average value curve envelopes the fast-run average fee curves in a u-shaped curve.
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Title VII of the 1964 Civil Rights Act also applies to employers who employ less than 15 persons for a maximum of 15 hours per week during the year. Group of answer choices True False
True.
Title VII of the Civil Rights Act of 1964 (Title VII), prohibits employment discrimination based on race, color, religion, sex, or national origin;
The Equal Pay Act of 1963 (EPA), protects men and women who perform substantially equal work in the same establishment from sex-based wage discrimination;
The Age Discrimination in Employment Act of 1967 (ADEA), protects individuals who are 40 years of age or older.
The U.S. Equal Employment Opportunity Commission (EEOC) enforces all of these laws. EEOC also provides oversight and coordination of all federal equal employment opportunity regulations, practices, and policies.
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A statement of cash flows explains the difference between the beginning and ending balances of: Multiple Choice Equity. Cash and cash equivalents. Working capital. Cash and intangible assets. Net income.
A statement of cash flows explains the difference between the beginning and ending balances of Cash and cash equivalents.
What is statement of cash flows?Statement of cash flow can be defined as a statement that help to show a company or an organization inflow and outflow of cash or movement of cash at a particular period of time.
A statement of cash flows tend to explain the difference between the beginning and ending balances of a company Cash and cash equivalents.
Therefore the correct option is B.
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How do taxes influence responsible financial planning?
Answer:
Proper tax planning makes it easier to build your personal finances and afford the things you want. Additionally, by anticipating taxes when you create your financial plan, it's possible to significantly boost how much money you will have in retirement.
Explanation:
A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Blank______.
A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.
What is Feature fatigue?Consumers have a propensity to steer clear of products that seem to be feature-rich due to feature fatigue. It is a phenomenon of the modern-day brought about by the increase in the number of features included in goods and services. The issue is that adding functionality makes goods more challenging to utilize. Even when the additional features don't completely expand the usefulness (like phones that double as cameras), the complexity they add to the current task can be mind-boggling.To prevent feature fatigue, focus on usability rather than utility. Display specific characteristics as appropriate. Keep to your initial product vision. Turn on features for those consumers who specifically require them.
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A beneficial rule to follow is to set the firm's capital structure so that Blank______. Multiple choice question. the firm's value is minimized the firm's bondholders are satisfied the firm's value is maximized dividends are maximized
A beneficial rule to follow is to set the firm's capital structure so that the firm's value is minimized.
Firm's Optimal capital structureIn corporate finance, capital structure refers to the combination of several external funding sources, also known as capital, utilized to finance a company. It is listed on the balance sheet of the company and comprises equity owned by shareholders, debt, and preferred shares.The best combination of debt and equity financing for a company's capital structure optimizes market value while lowering the cost of capital. Theoretically, because debt financing is tax deductible, it has the lowest cost of capital.The best combination of debt and equity financing that increases market value while lowering a company's cost of capital is known as an optimal capital structure.One strategy to optimize for the lowest cost mix of financing is to reduce the average cost of capital.
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British economist David Ricardo argued that states should trade based on their _____, whereby each state produces and exports those products that it can produce most efficiently relative to other states.
British economist David Ricardo argued that states should trade based on their comparative advantage, whereby each state produces and exports those products that it can produce most efficiently relative to other states.
Along with Robert Malthus, Adam Smith, James Mill, and other notable classical economists, David Ricardo was a British political economist. He was also a politician and a member of the British and Irish Parliament.
According to Ricardo's renowned comparative advantage theory, countries can benefit from a trade advantage by concentrating on producing items that have the lowest opportunity costs when compared to those of other countries.
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Combining the razor-razor-blade model and the subscription model means that telecom providers make their money through lengthy service plans, which in turn means that it is crucial that they keep their ______ rate, or the proportion of subscribers who leave, down.
The combined models led to the crucial decision that the telecom provider should keep their churn rate or the proportion of subscribers will leave.
What is a churn rate?This refers to the annual percentage rate at which customers stop subscribing to a service or employees leave a job.
Hence, the razor-razor-blade model and the subscription model led to the crucial decision that the telecom provider should keep their churn rate or the proportion of subscribers will leave.
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Anyone who knows how to properly label a supply and demand graph please help! Draw a supply and demand graph for the given scenario
The factor that would shift demand is the reduction in the price of laptops.
The equilibrium price and quantity would decrease.
What is the result of the policy?When the price of laptops are reduced, the quantity demand for laptops would increase while the demand for computers would fall. This is because computers and laptops are substitute goods.
As a result of a fall in the demand for computers, the demand curve would shift to the left. Equilibrium price and quantity would fall.
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If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to be:.
The local fire department wants to buy some new equipment at a cost of $300,000. If a human life is worth $10 million, the equipment is worth buying if it reduces the risk of someone dying in a fire over the life of the equipment by at least Group of answer choices 1 percentage point. 30 percentage points. 3 percentage points. 5 percentage points.
The local fire department wants to buy some new equipment at a cost of $300,000. If a human life is worth $10 million, the equipment is worth buying if it reduces the risk of someone dying in a fire over the life of the equipment by at least 3 percentage points.
What does the fire department do?
Putting out fires in their neighborhood. Preserving property and life in the event of localized flames. saving and safeguarding individuals in the event of a car accident, as well as in the event of other catastrophes.What are the four categories of fire departments?State and federal government fire departments, contract fire departments, private or industrial fire brigades, and transportation authority or airport fire departments make up 4% of the registered departments.What is local fire authority?A local fire authority is, in essence, a controlling body that makes sure that a local fire service operates effectively and in the best interests of the people and community it protects. It follows that the public is held accountable for the fire service's performance and activities.Learn more about local fire department here:
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exists when a firms manager knows more about the firms prospects than the typical investor does. Multiple choice question. Asymmetric data Symmetric information Asymmetric information Symmetrical symbiosis
Asymmetric Information is the answer.
In contract theory and economics, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other.
"Asymmetric information" is a term that refers to the case where one party in a transaction has more information than the other. For certain transactions, the seller has access to the buyer due to the presence of asymmetric information. In this case, the seller has more knowledge about the item being sold than the buyer.
A common example of asymmetric information is a used car salesman. The seller knows if the car is defective, such as an electrical system failure, but the customer does not. Second, the customer is willing to pay more if he knows about all the flaws in the car than if he didn't.
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Moss County Bank agrees to lend the Sadowski Brick Company $500,000 on January 1. Sadowski Brick Company signs a $500,000, 6%, 9-month note. The entry made by Sadowski Brick Company on January 1 to record the proceeds and issuance of the note is
Moss County Bank agrees to lend the Sadowski Brick Company $500,000 on January 1. Sadowski Brick Company signs a $500,000, 6%, 9-month note. The entry made by Sadowski Brick Company on January 1 to record the proceeds and issuance of the note is
Cash 500,000
Notes Payable 500,000
Deposits are not "lent out" by banks. When they lend, they "make fresh money out of nothing." Each loan's total value is equal to the quantity of newly minted money. The only people to whom banks "lend out" reserves are one another.
As a means of raising money, your lender might also sell your debt. Banks really sell the servicing rights to borrowers when they sell loans. This releases credit lines and enables lenders to disperse funds to additional borrowers (and make money on the fees for originating a mortgage).
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a company has total current assets of $250,000 and accounts payable of $100,000. if their bank has imposed a covenant requiring a current ratio of 1.25 or better, what is the maximum level of notes payable allowable
Here the maximum level of notes payable allowable will be $100000.
Long-term obligations known as notes payable represent the sums that a firm owes its financiers, including banks and other financial institutions as well as alternative funding sources like friends and family. They are considered long-term since they are due after a year, albeit often within five years.
Calculation of Notes payable is done as follows:
Current Ratio=[tex]\frac{Current Asset}{Current liabilities}[/tex]
Now let current liabilities be 'z'
Therefore:
1.25=250000/z
Thus z=200000
Current liabilities=$200000
Here Current liabilities=Account Payable + Notes payable +
200000=100000+Notes Payable
Notes Payable=200000-100000
=$100000
Therefore the maximum level of notes payable allowable is $100000.
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In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate to turn the company around. Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust ___________.
Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
What is the B2B partnership?A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties. This might take the form of opportunities for product development, marketing, or general corporate growth.What is the reseller market?The market is made up of wholesalers and merchants that purchase goods to resell.A reseller purchases goods with the intention of reselling them for a profit later. Since resellers buy products and services in bulk from suppliers, they frequently get deals. Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
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Sally bought 200 shares of stock in a clothing manufacturer 4 years ago. She paid $23.45 per share. She just sold all of her shares for $34.60 per share. What was her percentage gain
The percentage gain earned by Sally from the sales of the shares is 47.55%.
What is the percentage gain?The percentage gain is the excess of the selling price over the cost price of the stock of shares/.
Percentage gain = (selling price - cost price) / cost price
(34.60 - 23.45) / 23.45 = 47.55%
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Wanda Workout stopped at the local store to purchase a new pair of running shoes after her strenuous jog that morning. The salesman noticed Wanda looking at a pair of shoes and stated, "Those will look great with your outfit." The salesman's statement is an example of __________________. Group of answer choices a full warranty puffery an implied warranty an express warranty a limited warranty
As we can see, the seller made a statement for the shoes only by seeing the women is looking at them. This is the example of puffery.
What is a Puffery ?Puffery is a form of advertising in which a product or service is praised as being superior to all others like it, without any evidence to back up the claim.
Puffery can normally be found in advertising or promotional materials about a specific product or service, though it is often employed by politicians and other people attempting to gain favor.Learn more about Puffery here:
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A drug company that makes pain relief medication with an advertising slogan, "targeted relief for pain," is using which type of segmentation strategy that directly focuses on a specific consumer problem?.
Needs segmentation strategy is used by the drug company.
Segmentation is a form of sorting: Arranging objects in a systematic way. once objects are sorted into awesome companies (segments) based on a sure criterion, specific moves can then be taken based on that criterion. similarly, marketplace segmentation includes the sorting of the market.
Market segmentation is typically divided into four organizations: demographic, geographic, behavioral, and psychographic. Every segmentation method offers unique advertising and marketing answers, mainly when segments are mixed.
Not unusual examples of market segmentation encompass geographic, demographic, psychographic, and behavioral. Groups that understand marketplace segments can prove themselves to be powerful marketers while incomes a more go back on their investments.
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What component of GDP would a consumer buying a new house affect?
O government spending
O net exports
investment
O consumer spending
Answer:
Explanation:
A: the government is not buying the home. You are. Not A
B: The house is not being moved on any soil but American Soil. Not B
C: You could argue that a home is an investment, but not to the GDP. The answer is not C.
D: GDP would call this consumer spending.
Answer:
consumer spending
This is because, consumer spending is the same as personal consumption expenditure
A boater taking his new powerboat out on a large lake ran out of gas because of a defective seal in the gas tank. The defect was not discoverable by an ordinary inspection. His frantic signaling alerted the captain of a sightseeing boat passing by. The captain pulled up alongside to assist and attempted to restart the boat. A spark ignited a pool of gas that had leaked from the gas tank and collected in the lower part of the boat, causing an explosion and fire. The captain was severely burned and died from his injuries. The captain's estate brought a wrongful death action based on strict liability against the powerboat dealer and the manufacturer. Evidence at trial established that the dealer had sold the manufacturer's boats for years without any problems reported by customers.
Can the captain's estate recover any damages from the dealer?
A. Yes, unless the jury finds that the boater was negligent in failing to investigate where the gas had gone.
B. Yes, because harm to someone in the captain's position was a foreseeable result of the gas leak.
C. No, because the dealer had no reason to anticipate that the manufacturer assembled the gas tank improperly.
D. No, because the captain did not have a sufficient relationship to the boater to make the dealer liable for the captain's death.
The correct statement for the given condition is given by option (B): "Yes, because harm to someone in the captain's position was a foreseeable result of the gas leak".
What is Strict Product Liability?The strict liability rule in product liability claims asserts that a seller, distributor, or maker of a defective product is accountable for another person's harm - regardless of what effort he or she did to ensure the product's flaw never occurred.
In the given case, the reason for the recovery for damages from the dealer is-
Because the captain was a foreseeable bystander and the dealer is a business supplier, the captain's estate can claim from the dealer under strict products liability.Only the amount that the dead could have obtained in a personal injury case if he had lived is admissible in a wrongful death action. Because the dealer is a commercial provider of the boat and is liable if it supplied a product that was so defective as to be unreasonably dangerous, the captain may have collected from the dealer in a products liability lawsuit based on strict liability.The flaw in the gas tank assembly was extremely dangerous since it allowed gas to leak out and collect in places where it could be ignited.The debilitating impact of the gas leak made it likely that someone passing by would come to the boater's aid, bringing them into the danger zone of the leak (i.e., danger invites rescue).Therefore, the explosion caused by the leak was both the direct and indirect cause of the captain's death. As a result, the captain's estate can sue the dealer for damages.
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If a manager is concerned about doing the work with the least cost and waste possible, then his or her primary managerial concern is
If a manager is concerned about doing the work with the least cost and waste possible, then his or her primary managerial concern is effectiveness.
Management FunctioningA manager is somebody who can lead, direct and control tasks and individuals in their association without forcing their position. In reality as we know it where a more casual working design is turning out to be progressively famous, a director needs to work with their group to accomplish bigger objectives. Elements of the board are an extraordinary beginning stage to find your balance before you jump straight into your job as a manager.Elements of the board assist you with remaining informed about what you want to do and in what way that you can direct your staff in like manner. The board specialists like Fayol and Gulick clarify the elements of the executives for furnish yourself with the right abilities to turn into a cultivated administrator.
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Expansionary fiscal policy includes: decreasing government spending. increasing taxes. increasing government spending. increasing the money supply.
Answer:
extensary fiscal policy tools including increasing government spending discreasing taxing or increasing government transfer doing any of these things will increase aggregate demand leading to higher output higher employment and higher price level
Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _______ as the forecasting horizon _______.
Joe is currently in consumer equilibrium by consuming cheese and crackers, such that the last cracker consumed yielded 8 utils and the last piece of cheese consumed yielded 12 utils. Assume the price of crackers is two cents per cracker and the price of cheese is three cents per piece. If the price of crackers increases to four cents, Joe should __________ his consumption of crackers and his marginal utility from crackers will __________ and also __________ his consumption of cheese and his marginal utility from cheese will __________.
Joe should decrease his consumption of crackers and his marginal utility from crackers will increase and also increase his consumption of cheese and his marginal utility from cheese will decrease .
What happens to marginal utility when consumption decreases?According to the Law of Diminishing Marginal Utility, the additional utility derived from increasing consumption declines with each additional increase in consumption level.
What happens to marginal utility when consumption increases?
According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
Why does marginal utility decrease as more is consumed?
Consumers will only purchase more of a specific good if the price drops since they get less satisfaction from consuming more units of that good. Thus, the law of diminishing marginal value contributes to the understanding of the law of demand.Learn more about marginal utility brainly.com/question/15149015
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Snuggle Toys, Inc. had the following summarized results for the month ending July 31:
Actual Budget
Revenues $ 60,000 $ 52,000 Costs 53,600 45,600 Operating profits $ 6,400 $ 6,400 As the cost accountant, which single note to the above financial results is most appropriate in the report to management?
i. Costs as a percentage of revenues are above budget and a further scrutiny of the results might be appropriate.
ii. Revenues are above budget and a bonus based on this increase should be considered.
iii. Costs are 17.5% above budget and the department manager's position should be critically evaluated by senior management
iv. The departmental manager is performing to expectations because budgeted income equals actual income.
Bertrand Incorporated purchased some shop equipment for $4,500 in cash. By mistake, the journal entry debited the Office Equipment account rather than the Shop Equipment account. What correcting entry would be necessary
the correcting entry that would fix the error of debiting the Office equipment account is Debit Shop Equipment $4,500 and credit Office Equipment $4,500.
how can the accounting error be corrected?the way to correct this error is to take the purchase from the office equipment account and put it into the shop equipment account.
as the office equipment account is an asset, you should credit it to remove it. the shop equipment account should then be debited by the same amount of $4,500.
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According to the job characteristics model, task identity requires performing a job from beginning to end. a. True b. False
According to the job characteristics model, task identity requires performing a job from beginning to end.
What is Task identity?Task identity can be regarded degree to which work is being performed by an employee.
Therefore, it clearly define identify the outcome of their effort and task identity requires performing a job from beginning to end.
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When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using Blank______ for new product-ideas.
When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using competitive product ideas for new product-ideas.
Competitive items are those that your target market may prefer to yours over. How close a competing product's features and solutions are to your own can help you spot it. Competitive goods may consist of: things that are tangible, like clothing and toys.A product idea is a design or strategy for a brand-new good that a business can create and sell in a specific market. It describes the item's function, features, and certain important design components. A manufacturer will employ the final design to construct the product, therefore many product concepts will include mechanical or engineering components.A competitive strategy is a long-term marketing plan created by businesses to protect their position in the market and obtain a competitive edge.Thus this is the answer.
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