I got this question on my quiz a few weeks ago and was wondering if anyone could explain the best/correct answer.
I'm currently leaning towards the last option, but I'm not sure.
Answers
Answer:
Easy it's B, this is because the rate at which we earn interest with only 1000$ does not keep up with the maintenance fee.
In B u get $1010 because of the interest after the first year,
In D u get $960 because if u get an annual interest of 2% from $1000 u get a total of $1020 but deduction from maintenance fee is $60 per year, Thus $1020-$60 = $960. Same explaination for the others as well.
Related Questions
Sally currently has $20,000 in her savings account and she has inherited $250, 000 from her aunt. What should she do to ensure that she will have access to her money if the bank goes out of business
Answers
The thing that Sally can do to ensure that she will have access to her money if the bank goes out of business is to keep her money in two financial institutions.
How to illustrate the information?A bank is a place where one keeps money and other valuable.
In this case, to have access to her money if the bank goes out of business is to keep her money in two financial institutions.
Learn more about bank on:
brainly.com/question/25664180
#SPJ1
In marketing today, packaging carries the added responsibility of: Group of answer choices promotion and sales. minimizing product liability. gaining access to international markets. keeping product costs down.
Answers
The correct option is (A). Promotion and sales
What is Promotion and sales?
A transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service. A company may decide to utilise a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales.
Giving out coupons or vouchers, temporarily lowering costs through discounts, sampling, offering freebies, holding flash sales or buy-one-get-one-free deals, and many other methods are examples of regularly utilised sales promotions.
Learn more about promotion and sales here:
https://brainly.com/question/13975307
#SPJ4
27. The organizational unit that represents the independent legal accounting entity in SAP is the ________.
Answers
The organizational unit that represents the independent legal accounting entity in SAP is the Company Code.
What is SAP?A well-known enterprise resource planning (ERP) program is SAP, or Systems Applications and Products. SAP establishes a centralized system for organizations that enables each department to access and exchange common data in order to improve the working conditions for all employees.
A company code in SAP is the smallest organizational unit of external accounting for which you can establish a totally self-contained set of accounts for transaction posting.
If there are external reporting requirements, such as segment reporting for that unit in the local currency of that country, you can also use a business code to indicate a legally dependent operating unit abroad (commercial place of work).
Therefore, The Company Code is the SAP organizational unit that reflects the independent legal accounting entity.
To know more about SAP refer to: https://brainly.com/question/12228915
#SPJ4
______ is the actual amount each common stockholder would expect to receive if the firm's assets are sold, creditors and preferred stockholders are repaid, and any remaining money is divided among the common stockholders.
Answers
Liquidation value is the actual amount each common stockholder would expect to receive if the firm's assets are sold, creditors and preferred stockholders are repaid, and any remaining money is divided among the common stockholders.
Who is a stockholder?A stockholder is otherwise known as a shareholder of a company. Stockholders are the owners of the company and generally acquire the company's fulfilments in the form of increased valuation.
Therefore, the correct answer is as given above.
learn about stockholder: https://brainly.com/question/1222491
#SPJ1
10.5. An SKU has an annual demand of 10,000 units, each costing $15, ordering costs are $80 per order, and the cost of carrying inventory is 25%. Calculate the EOQ in units and then convert to dollars.
Answers
EOQ is $9,798.
Given:
Annual demand (D)=10,000 units.
Holding cost (H) = 0.25× 15
Order cost (O) = $80
EOQ is to be computed.
Economic order quantity (EOQ) is a computation that businesses use to determine their optimal order size, allowing them to satisfy demand while without overpaying. Inventory managers compute EOQ in order to reduce holding costs and surplus inventory.
The formula to compute the EOQ is given as:
EOQ=[tex]\sqrt{\frac{2*D*O}{H} }[/tex]
[tex]=\sqrt{\frac{2*10000*80}{3.75} } \\=653.20[/tex]
Converting in dollars =653.2×15
=$9,798
Hence, the EOQ is $9,798.
To know more about EOQ click here:
https://brainly.com/question/26814787
#SPJ4
The debt-to-equity ratio is: Multiple Choice calculated by dividing total liabilities by net worth. calculated by dividing monthly debt payments by net monthly income. determined by dividing your assets by your liabilities. a useless ratio for determining your credit capacity. rarely used by creditors in determining credit worthiness.
Answers
The debt-to-equity ratio is calculated by dividing total liabilities by net worth.
What is the debt-to-equity ratio?The debt-to-equity ratio is a financial ratio that is used to determine the credit worthiness of a business. It is determined by dividing the total debt by the total equity. The lower the ratio, the higher the credit worthiness of a business.
To learn more about financial ratios, please check: https://brainly.com/question/26092288
#SPJ1
A(n) ________ occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
Answers
A(n) innovation occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
What is Innovation?“Innovation involves adding value to an existing product. This is done to further improve on an existing product.
A market is created fore the product and promoted
Therefore,
A(n) innovation occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
Learn more on innovation below
https://brainly.com/question/19969274
#SPJ1
Samantha and Bethany are purchasing their first home and reviewing the terms of a 15-year mortgage with their lender, Jim, at First Union Bank. Jim reviews the amount of the loan, the interest rate, the total amount of interest they will pay over the course of their loan, and the total amount of money that will be paid over time. Jim is required to provide this information, as it is federally mandated as part of the Truth in Lending Act that was passed in 1968 to protect consumers. Jim is doing what is _______ right by providing this information to Samantha and Bethany.
Answers
Jim is doing what is legally right by providing this information to Samantha and Bethany.
The Truth in Lending Act (TILA): What Is It?A federal statute known as the Truth in Lending Act (TILA) was passed in 1968 with the intention of assisting customers in their interactions with creditors and lenders. The Federal Reserve Board implemented the TILA through a number of regulations. The act's disclosure requirements for information like the annual percentage rate (APR), the length of the loan, and the overall costs to the borrower are some of its most significant features. The borrower must be made aware of this information clearly on all documents before signing them, including occasionally on periodic billing statements.
Learn more about The Truth in Lending Act (TILA) with the help of the given link:
brainly.com/question/7696024?referrer=searchResults
#SPJ4
Red offers to pay Sara to deliver certain documents within thirty minutes. Sara can accept the offer only by completing the task within the deadline. If she does, Red and Sara will have Group of answer choices a bilateral contract. a unilateral contract. a void contract. an executive contract.
Answers
B) A unilateral contract.
What exactly is a unilateral contract?In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.
While there are no promises made in a unilateral contract, there are fixed agreements and commitments between two parties in a bilateral contract. Instead, the offeror asks the offeree to fulfill a request, execute an act, or render a service.
What do you need to understand about unilateral contracts?
Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.
A task must be completed in order to accept a unilateral contract.
The unilateral agreement's act is not required to be carried out by the offeree.
Learn more about unilateral contracts with the help of the given link:
https://brainly.com/question/9129483?referrer=searchResults
#SPJ4
Dynamic Resources reported the following information for year ending June 30, 2016 (values in millions): Plant, Property & Equipment, gross $3,000 Accumulated Depreciation 1,400 Plant, Property & Equipment, net 1,600 Salvage Value 200 The company also reported the following transactions on the first day of fiscal 2017: Sale of asset with gross PP&E of $600 million for $500 million and useful life of 3 years and no salvage value. Recorded a gain on sale of $300 million. Write off of asset with gross PP&E of $400 million. Asset was purchased 3 years ago with original useful life of 4 years and salvage value of $200 million. Purchase of new equipment for $1,400 million with useful life of 8 years and no salvage value. Assuming the remaining useful life of other equipment is 10 years on a straight-line basis, what is the net PP&E as of June 30, 2017?
Answers
Based on the various entries for fixed assets owned by Dynamic Resources, the net PP&E as of June 30, 2017 is $2,260 million.
How much is the PP&E as of June 30, 2017?This can be found as:
= (Value of old assets - Old asset depreciation in 2017) + (Value of new assets - New asset depreciation in 2017)
Value of old assets:
= 1,600 - 200 for sale of assets - 250
= $1,150 million
Net PP&E is:
= (1,150 - (1,150 / 10 years)) + (1,400 - (1,400 / 8 years useful life))
= $2,260 million
Find out more on calculating the net PP&E at https://brainly.com/question/17218845.
#SPJ1
Sabrina works as a shoe salesperson. She is paid a regular hourly rate of $9 per hour plus a shared commission of any sales that transpire while she is working her shift. This is an example of:
Answers
When Sabrina is paid a regular hourly rate of 9$ along with a shared commission, this is an example of a Salary paid commission.
Salary paid CommissionPay that includes both a base salary and a commission is known as salary paid commission.Because there is a guarantee of compensation regardless of how much they generate in sales, employees prefer this sort of commission. One should compute and include any commissions you receive in the overall remuneration. The formula for calculating commission money will vary depending on the configuration. Salaried workers benefit from the stability of predictable paychecks and typically earn more money overall than hourly workers. Additionally, they frequently have easier access to benefit plans, incentives, and paid time off.One can't cut costs by telling an employee they don't need to come in for a wage position.
Hence, when Sabrina is paid a regular hourly rate of 9$ along with a shared commission, this is an example of a Salary paid commission.
To learn more about Salary paid commission refers to:
https://brainly.com/question/13522286
#SPJ4
The commission structure on a stock purchase is $45 plus $0.04 per share. If you purchase five round lots of a stock selling for $130, what is your commission
Answers
The commission for purchasing five round lots of a stock selling for $130 is $65.
What is round lots of a stock?A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.
1 round lots = 100 shares
5 round lots = 500 shares
The commission structure on a stock purchase is $45 plus $0.04 per share.
For 500 shares, the commission is
= 45 + 0.04×500
= 65
Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.
To know more about commission, here
https://brainly.com/question/957886
#SPJ4
If the number of employed is _____ million and the total labor force is 50 million, then the unemployment rate is 10%.
Answers
Given the unemployment rate and the total labour force, the number of employed people is 45 million.
What is the number of employed people?
The unemployment rate is the percentage of the labour force that is A person is classified as unemployed if the person is without a job but has searched for employment within the past four weeks or the person is set to resume a job within the next three months.
The labour force consists of those that are unemployed and those that are employed.
Number of unemployed people : 10% x 50 million = 5 million
Number of employed people = 50 million - 5 million = 45 million
To learn more about unemployment, please check: https://brainly.com/question/10940465
#SPJ1
A firm with no debt in its capital structure is Blank______. Multiple choice question. stratified unlevered unstable levered
Answers
The correct answer of a firm with no debt in its capital structure is an unlevered firm.
Unlevered firm-
An unlevered organization is a business enterprise without a debt, and is called unlevered as it would not have monetary leverage. Financial leverage is created while a business enterprise makes use of borrowing, typically from lenders, or from investors, via means of issuing debt through bonds or desired stock. It is likewise known as an all-equity organization.
The value of an unlevered organization continually has a tendency to be lower than a levered organization because of the advantage of a tax shield. A firm that has debt in its capital structure is a levered organization.
learn more about unlevered firms here : https://brainly.com/question/18688264
#SPJ4
A work group _______ may be defined as a standard that is shared by group members and that regulates member behavior within an organization.
Answers
A work group norms can be defined as a standard shared by the group's members and which regulates the behavior of the members within an organization.
What is the relevance of a company's norms and policies?They are instruments that direct the behavior of employees, providing the set of values, attitudes and rules that must be followed in the work environment so that processes flow correctly and create an organizational culture favorable to cooperation and development.
Therefore, norms help in the standardization of organizational actions, generating the regulation and control of the behavior of the members of a company.
Find out more about organizational norms here:
https://brainly.com/question/26965722
#SPJ1
Oliver and Juhi are house hunting. They have found a place they like (Hilltop House) but intend to continue house hunting for one more week before making their final decision. To avoid having someone else purchase Hilltop House, they place a $3,000 deposit on it. This deposit will apply to the purchase price if they buy Hilltop House. If they do not buy Hilltop House, they will forfeit the money. Essentially, Oliver and Juhi have a _____ on Hilltop House.
Answers
For the house hunting, Oliver and Juhi place a $3,000 deposit on it. If they do not buy Hilltop House, they will forfeit the money. Essentially, Oliver and Juhi have a "real call" on Hilltop House.
What is Earnest money deposit?Earnest money is a deposit given to a seller as proof of the buyer's good faith in a deal, frequently in real estate purchases.
Some features of earnest money deposit are-
A real estate transaction deposit is typically non-refundable once talks are through and the conditions are met, with a few exceptions. Make sure the home is the one you desire before putting down a deposit.The amount of the earnest money deposit is typically between 1 and 2 % of the purchase price, although it may be greater based on your agreement. It will be kept in an escrow account until closing, when the remaining down payment will be applied.Whatever is specified in the contract may designate a title firm, attorney, bank, or broker to hold the earnest money in escrow for the duration of the contract.To know more about the difference between real property and real estate, here
https://brainly.com/question/17584053
#SPJ4
Some advantage(s) of Business Process Re-engineering include: Group of answer choices a. Cycle time reduction d. Laying off employees c. Restructuring organization b. Effective communication e. a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).
Answers
a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).
It saves time. It simplifies the decision-making process. It reduces errors. Avoids potential for disagreement
What is Business Process Re-engineering ?BPR or business process reengineering is the central reevaluating and radical update of business procedures to accomplish various upgrades in primary, contemporary proportions of execution like cost, quality, administration, and speed.
The purpose of business process reengineering is to completely overhaul existing methods.Business processes are redesigned from the ground up with a renewed focus on the company's mission and the customers' needs.Learn more about Business Process Re engineering here:
https://brainly.com/question/22056944
#SPJ4
Bonnie made the final payment to Big Bank on the 30-year mortgage loan she had on her home. Shortly thereafter Big Bank, to prove that the mortgage has been paid, filed a satisfaction of a mortgage with ________.
Answers
Because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
What is a satisfaction of mortgage?This refers to a document that serves as evidence the debtor has paid the mortgage in full and also releases the lien associated with the loan from your property and transferring the title to them.
Hence, because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
Read more about mortgage
brainly.com/question/22598793
#SPJ1
he journal entry to record $5.6 million in sales on account includes a ______. (Select all that apply.) Multiple select question. credit to Sales Revenue of $5.6 million credit to Accounts Payable for $5.6 million debit to Cash of $5.6 million debit to Accounts Receivable of $5.6 million debit to Allowance for Doubtful Accounts of $5.6 million
Answers
The journal entry to record $5.6 million in sales on account includes a credit to Sales Revenue of $5.6 million and debit to Accounts Receivable of $5.6 million.
What does journal entry mean?A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the sums to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry. The accounting cycle begins with a journal entry.
What is an example of a journal entry?A purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.
learn more about journal entry here https://brainly.com/question/26446159
#SPJ4
Answer:B and D
Explanation:
Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow
Answers
Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow taxable income would fall to zero, taxes would be zero, and net cash flow would rise.
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Description: A loss in an asset's value, or depreciation, can also be brought on by other reasons like bad market conditions, etc.
The base of an income tax system is referred to as taxable income. In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
Learn more about depreciation and taxable income here https://brainly.com/question/25785586
#SPJ4
Important of process of planing
Answers
Answer:
In particular, planning helps to critically assess the goal to see if it's realistic. It facilitates decision making and allows setting a time frame by predicting when the company can achieve its goal. It also defines how to measure performance against the set goals and whose responsibility it will be.
Which of the following can result from inflation in the United States?
A. Currency exchange rates remain the same.
b. Investors buy products in other countries.
c. The price of goods in the United States falls.
d. The value of the U.S. dollar increases.
Answers
Answer:
Investors buy products in other countries (B)
Explanation:
Out of all the answers
(A) Currency exchange rates remain the same. No
(B) Investors buy products in other countries. YES
(C) The price of goods in the United States falls. No
(D) The value of the U.S. dollar increases. No
The reason why it is not A, B, or C. When inflation happens the currency exchange rates are lower cause our inflation The Price Of goods doesn't fall it actually rises, and the value of the dollar actually decreases due to inflation. It just makes sense for investors to buy from other countries where they can pay less for what they get here in the United States.
The result from inflation in the United States can investors buy products in other countries. The correct option is (b).
What do you mean by the inflation in USA?A loss of purchasing power over time, or inflation, means that your dollar will not buy as much as it did today. The annual change in prices for a basket of goods and services is commonly used to measure inflation. There are two primary inflation indicators in the US.
According to John Taylor, a Stanford economist, monetary policy is a significant factor in the rise in inflation.
According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.
Uneven price increases during an inflationary period certainly lower some consumers' purchasing power.
Therefore, the result from inflation in the United States can investors buy products in other countries.
To know more about the inflation in USA, visit:
https://brainly.com/question/29702216
#SPJ2
Nathan Drake is considering borrowing $10,000,000 for 25 years with a loan that has an interest rate of 18.65% p.a. The loan agreement calls for 25 equal annual payments, to be paid at the end of each of the next 25 years (first payment due exactly one year from today). Assuming that Nathan makes the required payment every year for the next 6 years, how much of the sixth payment will go to interest
Answers
Answer:
$621,544.68
Explanation:
The Walton family got a great deal on their new home. They bought it for $101,295, and it appraised at $187,000 in a region where assessed value is a percentage of appraised value. Using an assessment ratio of 25%, what is the assessed value of their new home
Answers
The assessed value of their new home is $46,750.
Assessed valueUsing this formula
Assessed value=Appraisal amount× Assessment ratio
Where:
Appraisal amount=-$187,000
Assessment ratio=25%
Let plug in the formula
Assessed value=$187,000 × 0.25
Assessed value = $46,750
Learn more about Assessed value here:https://brainly.com/question/5428406
#SPJ1
Which descriptions about simple interest and yearly compounded interest are true? Check all that apply.
Only compound interest has an exponent in its formula.
Simple interest is earned on principal and interest.
Compound interest earns more money than simple interest at the same rate for the same amount of time.
Simple interest earns more money than compound interest at the same rate for the same amount of time.
Simple interest is only earned on the original principal investment.
Only compound interest earns the same interest amount every year.
Only simple interest uses time in its formula.
Compound interest is earned on principal and interest.
Answers
Descriptions about simple interest and yearly compounded interest are true are :
Only compound interest has an exponent in its formula.Simple interest is only earned on the original principal investment.Compound interest is earned on principal and interest.What is simple interest and compound interest?Simple interest is the one that the calculation is based on principal, or of a loan.
Compound interest is base on principal amount as well as the accumulated interest of previous periods.
Learn more about simple interest at:
https://brainly.com/question/20690803
Society gains advantages through trade because of its ability to:
Answers
Society gains advantages through trade because of its ability to refine tasks that are connected with production and specialize resources to the uses where opportunity cost is minimized.
What is trade?Trade can be defined as the exchange of goods and service or the act of buying and selling.
Hence, Society tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as specialize resources to the uses where opportunity cost are reduced or minimized.
Learn more about trade here:https://brainly.com/question/17727564
#SPJ1
As the business world increasingly shifts from product focus to customer focus, why are most organizations treating existing customers better than in the past
Answers
Companies are treating existing customers better than in the past due to the multitude of competitors in a growing, globalized market.
How do customers influence the business?The needs and desires of consumers are the source of existence of organizations, which seek ways to meet their economic needs to be well positioned and profitable in the market. So the more a brand has value for the consumer, the more the company will be positioned in the market.
Therefore, it is essential for companies to develop aligned marketing to establish strong consumer relationships, increasing value as well as competitive advantage.
Find out more about relationship marketing here:
https://brainly.com/question/14545494
#SPJ1
A company's stock is trading at $15.00 and paid $0.25 per share in dividends last year, which are expected to grow by 6.0%. The company's discount rate is 8.0%. What is the company's implied stock price, calculated in accordance with the dividend discount model
Answers
The implied stock is $13.25.
Given stock trading at $15.00, paid $0.25, expected growth is 6% and discount rate is 8%
Implied stock is to be computed.
Investors use the value per share of common equity to evaluate a company's success. On earnings statements, companies must provide this amount, known as earnings per share (EPS). This statistic is also used by investors to compute dividends paid to shareholders.
The implied value per share is determined by the number of outstanding shares as well as the amount of net earnings available to shareholders.
The formula to compute the implied stock is given below:
Implied stock = Paid amount × (1+ expected growth percentage)/(discount rate -expected growth percentage)
Implied stock =$0.25 ×(1 + 6%) / (8% - 6%)
= $13.25
Therefore, the implied stock is $13.25.
To know more about implied stock click here:
https://brainly.com/question/15409869
#SPJ4
Fill in the blank. Behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using _________, cookies, search history, and other insights.
Answers
Behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using web analytics, cookies, search history, and other insights.
What is behavioral marketing?Behavioral marketing, in a nutshell, is the technique of presenting personalized adverts or content based on a user's previous activities and behaviors. The rationale for this is that if adverts are more relevant to the user, they are more likely to respond positively (i.e. buy something).Consumer behaviors are classified into four types: awareness, preference, engagement, and advocacy. Each of these stages is critical for a marketer.Companies use web analytics, cookies, search history, and other data to target audiences based on their behavior, interests, intentions, geolocation, and other factors in behavioral marketing.What is web analytics?The measurement, collecting, analysis, and reporting of web data in order to understand and optimize web usage is known as web analytics. Web analytics is more than just measuring web traffic; it may also be used for business and market research, as well as to review and enhance the effectiveness of websites.The definition itself states that companies use web analytics, cookies, search history, and other data to target audiences based on their behavior, interests, intentions, geolocation, and other factors in behavioral marketing.
Therefore, behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using web analytics, cookies, search history, and other insights.
Know more about behavioral marketing here:
https://brainly.com/question/26961354
#SPJ4
If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating at _____.
Answers
The blank will be fill by potential output.
Hyperinflation is a highly high and frequently increasing inflation in economics. As the prices of all items rise, the real value of the local currency quickly depreciates. People tend to switch to more stable foreign currencies as a result, reducing their holdings in the original currency.
If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating at potential output.
Learn more about potential output here https://brainly.com/question/15312106
#SPJ4