What is the relationship between a person’s need for payday lending and their income volatility?.

If a person is 50 days late in in paying his/her credit card bills in that case, this mistake will be staying in credit card history for 7 years from the date of delinquency.

A credit card is a type of payment card that is issued to customers (cardholders) to allow them to reimburse a retailer for products and services according to the amount of debt they have incurred. The credit card issuer (often a bank or credit union) establishes a revolving account and offers the cardholders with a credit line from which they can draw funds to pay for transactions or receive a cash advance. 

Seven years following the initial date of the default, missed payments continue to appear on your credit card history. Although if you pay previous debts, the late payment will not be removed from your credit record for 7 years.

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If a salesperson says to a customer, "the battery on this leaf blower will last for one hour of use. " may the customer sue on an express warranty if the leaf blower dies after 30 minutes of use; Yes.

An express warranty can be defined as a type of warranty that  gives a buyer the assurance that the goods or product bought from a buyer is of good qualities.

Based on the scenario the customer can sue the sales person because the salesperson gave the buyer the assurance that the leaf blower battery will last for an one in which the reverse is the case as the battery only lasted for 30 minutes.

An express warranty can be inform of writing and can as well be inform of  statement a buyer verbally given to the buyer at the time of the sale.

Therefore the customer can sue the sales person .

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The country A has a higher saving rate than B and the option is (A). It is because country A consistently grows faster than b.

Savings generally can be described as a money that we set aside for the future, and we can take it at any time. Bank is the most commonly used savings account. Banks also generally can be described as the places we most often use to deposit our money, besides being safe it is also practical because there is no need to take care of or provide a special place for our money. Bank offered many conveniences for prospective customers. The abillty to withdraw cash independently through ATM machines scattered everywhere is one of the one of the conveniences that given by Bank.

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The firm's long run commences when all its factors become variable. See further explanation below.

It is to be noted that a firm's Long run begins when the company has been in operation long enough for all its plants to require replacement and current contractual commitments be expired.

Given that the longest contractual commitment is in 12 years - the factory building renewed for 12 years, then its long run starts at the 13th year of operation which would be in 2023.

Note that the short run on the other hand any time period before the long run kicks in.

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South Africa exports of items and services as proportion of GDP is 30.47% and imports of items and services as proportion of GDP is 25.53%.

A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a sturdy home forex hampers exports and makes imports cheaper. Higher inflation can also influence exports via having a direct have an effect on on input fees such as materials and labor.

Imports become extra expensive. Exports and AD make bigger causing demand-pull inflation.

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False, all real property is depreciated using the mid-month convention.

Tax is a mandatory contribution to the state that is owed by an individual or entity that is coercive in nature based on the law, with no direct compensation and is used for the needs of the state for the greatest prosperity of the people. Meanwhile, individuals or entities, including taxpayers, tax cutters and tax collectors, have tax rights and obligations in accordance with the provisions of tax laws and regulations. Taxes are one of the means in the distribution of income from the source of state development funds or the income of citizens.

So, in addition to indirect reciprocal services, tax collection is carried out based on legal norms and is coercive so that refusal to pay taxes or avoid them is generally a violation of the law.

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Investments in gold, silver, and other precious metals lose their value during times of turmoil.

Economists refer to investment as the production of goods used in the production of other goods. This concept differs from conventional usage, which considers selecting to purchase stocks or bonds as an investment. Usually, investment results from reducing consumption.

Investment is the committing of existing financial assets to greater future returns. It deals with so-called uncertainty domains. This phrase emphasizes the importance of the future and time, two essential elements of investment.

Ownership, credit, cash, or other liquid assets are all examples of investments. These include bonds, certificates of deposit, fixed deposits, and other low-risk assets.

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The amount of debt to be reported in general fund will be zero, so correct answer is (a), because general fund is maintained from revenue accruing from taxes, fees, interest and other sources, hence its balance will be zero.

The main fund a governmental agency utilizes is a general fund. All material outflows and inflows which aren't linked to special-purpose funds are monitored in this account. The main managerial and operational duties of the government body are reflected by the expenditures incurred from the general fund. It is essential to maintain supervision over the common fund's spending because of bulk of all assets pass through it.

Here in this case as we know that general fund is maintained from taxes, interest income etc. the bond issued for activities mentioned will not create any debt on general fund therefore, it will have a zero balance.

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Defining the question and determining the present situation is the task to be  considered a step in the marketing research process.

Researching your consumers, competition, market environment, and industry is a step in the market research process. You may investigate each of these independently and then combine the findings to acquire a broad understanding of how your company fits in the market.

In general, conducting your own market research is less expensive than getting someone else to do it for you. You may get important information and skills in market research as well as strengthen your ties with your consumers. However, carrying out your own market research may be time-consuming and may require specialized knowledge and abilities in order to get impartial conclusions and suggestions.

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A fixed order quantity of 170 is used to prepare the mps, and the estimated available inventory balances are computed. At the end of period 4, a 47-balance of available inventory is anticipated.

Inventory includes both the raw materials needed in production and the finished commodities that are offered for sale. Since inventory turnover is one of the main means of generating income and, consequently, profits for the firm's shareholders, it is one of the most significant assets a company may have. Raw materials, work-in-progress, and finished goods are the three categories of inventory. On a company's balance sheet, it is listed as a current asset.

Both the raw materials required to make products and the products that are on hand for purchase are included in inventory. On a company's balance sheet, it is categorized as a current asset. Raw materials, work-in-progress, and finished goods are the three categories of inventory.

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In the late 1970's Quality took a strategic turn from a reactive approach-correcting defects before delivery-to a proactive approach- preventing mistakes from occurring

This is further explained below.

Generally, The reactive strategy addresses the difficulties as soon as they become apparent or are facing, without making proper plans on how to, what to, when to, or to whom to report them.

Taking a reactive stance is not an effective plan and should ideally not even be considered a strategy.

In conclusion, In the late 1970s, quality management made a strategic shift from a reactive strategy, in which faults were fixed just before to delivery, to a proactive one, in which errors were prevented from ever happening.

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An operating cycle is the amount of time it requires to convert inventory to accounts receivable plus the time it requires to convert the account receivable back to cash. This statement is true.

An operating cycle refers to the length of time taken by a company to receive inventory, sell the inventory, and collect the cash when the inventory is sold. This means that an operating cycle is a measurement that calculates the amount of time taken by a company to convert its inventories into cash from eventual sales.

The operating cycle plays a fundamental role in determining the efficiency of a company or business. It is because the operating cycle provides a view for the company to analyze the length of its operating cycle. If it is long, the company can reduce it by selling its inventories quickly.

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Option (a) is the best choice. The after-tax cash flows from the two transactions equal out to 25% of the marginal tax rate.

The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income earned is the average tax rate. With a marginal tax rate of 10%, the tax would be deducted from the following dollar of income at a rate of 10%.

For each related bracket, the marginal tax rate is calculated as follows: marginal tax rate = tax paid/taxable income. The US progressive marginal tax system consists of seven tax brackets. A range of taxable income figures and related marginal tax rates are present for each.

To arrive to this calculation, we first account for the tax rate:

Tax Rate = [tex]\frac{before tax - after tax}{before tax}[/tex]

Tax rate= [tex]\frac{1,60,000 - 1,20,000}{1,60,000}[/tex]

Tax Rate= 25%

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With the exception of reducing the number of employees, Coca-Cola was able to accomplish all of the following after using enterprise software from Oracle.

A company can create demand projections for a product using a supply chain planning system, and can then establish sourcing and manufacturing strategies for that product.

Accounts payable, general ledger, cash management, forecasting, payroll, time management, inventory management, product pricing, billing, and other business activities are just a few examples of those provided by ERP software.

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Adam Smith's theory that stated about countries should specialize in the production of goods and services for which they can produce most efficiently and then trade these for goods produced by other countries is called as Absolute Advantage Theory.

The absolute advantage concept was developed by Adam Smith in The Wealth of Nations to show how countries can gain by exporting the goods that they produce more efficiently than other countries and specializing in producing and by importing goods that other countries produce more efficiently. The Scottish economist Adam Smith first described the principle of absolute advantage using labor as the only input in the context of international trade in 1776.

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B,C,F,G are the options where certified public accountant (cpa) can disclose confidential information without client permission.

Members who practise public law should not divulge private client information. without the client's permission. The four confidentiality exceptions prerequisites are: Technical Standard Requirements, Subpoena, Summons, Compliance with Laws and Regulations, Peer Review Participation, and Response to AICPA Ethics Division.

Professionals in accounting who hold a licence are given the title of "certified public accountant" (CPA). Each state's Board of Accountancy issues the CPA licence.  Resources for getting the licence are available from the American Institute of Certified Public Accountants (AICPA). In the accounting sector, the CPA designation aids in upholding professional standards.

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The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to Wall Street's ethical lapses and abusive financial services practices: True.

CFPB is acronym for Consumer Financial Protection Bureau and it can be defined as an independent agency of the government of the United States of America that was founded on the 21st of July, 2011.

Based on historical information and records, the Consumer Financial Protection Bureau (CFPB) was established on the 17th of September, 2010 by President Barrack Obama, as a result of the Dodd-Frank Act, under Title X which connotes the Consumer Financial Protection Act of 2010.

In this context, we can reasonably infer and logically deduce that the ethical lapses and abusive financial services practices of Wall Street resulted in the establishment of Dodd-Frank Wall Street Reform and Consumer Protection Act.

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Complete Question:

The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to Wall Street's ethical lapses and abusive financial services practices. True or False

Companies that increase their dividend payout. The dividend growth model is used to determine the rate of return or cost of equity needed by shareholders of a company that pays dividends that increase continuously over time.

What is the purpose of the dividend growth model?

The dividend growth model is a mathematical equation that investors can use to calculate a fair value for a company's stock based on its current payout and anticipated future dividend growth.

What model also goes by the name of the dividend growth model?

The Gordon Growth Model, sometimes referred to as the dividend discount model, establishes the market value of a publicly traded stock by adding the present values of all anticipated future dividend payments.

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8% is the effective interest rate on the note.

Discount amount = Face value of note *r *n/12

2400 = 40000* r *9/12

2400/40000 = r*9/12

06*12/9 = r

r = .08 or  8%.

An interest rate tells you how high the cost of borrowing is, or high the prices are for saving. So, if you are a borrower, the interest rate is the quantum you're charged for adopting a plutocrat, shown as a chance of the total quantum of the loan.

An interest rate is the quantum of interest due per period, as a proportion of the quantum advanced, deposited, or espoused. The total interest on a quantum advanced or espoused depends on the top sum, the interest rate, the compounding frequency, and the length of time over which it's advanced deposited, or espoused.

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In very high dimensional spaces it is most likely that the gradient descent process gives us a local minimum than a saddle point of the cost function----False

At x = (0,0), the gradient is{0}, but it is clearly not  local minimum as x = (0, \epsilon) has smaller function value. The point (0,0) is known  as saddle point of the function.

In maths, a saddle point or minimax point is a points on the surface of the graph of a function where the slopes in orthogonal directions is  all zero, but which isn't a local extremum of the function.

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Enacted values and norms are exhibited by employees based on their observations of what actually goes on in the organization.

Enacted values are the standards and conventions that a business and its personnel really uphold on a regular basis. Usually, they deviate a little from professed principles. Employees may find it difficult to understand and frustrating when there is a significant gap between stated and practiced ideals.

An organization's culture is made up of its members (workers') shared ideals, customs, and artifacts, all of which have an impact on employees and guide behavior. The fundamental tenets of corporate culture are referred to as company values and norms, or occasionally moral values and standards. There is some understanding of corporate culture represented by these unwritten norms and standards of conduct.

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Since the nominal interest rate is 14.9% and it is compounded monthly, hence the actual interest rate or the effective annual interest rate is 15.96%

The actual interest rate is the effective annual interest rate, which is calculated using the formula:

EAR = (1 + r/n)ⁿ - 1

Where:

r = APR or annual percentage rate

n = number of periods

Since the interest is compounded monthly, hence, the number of periods is equal to 12.

Therefore,

EAR = (1 + 0.149 / 12)¹² - 1

EAR = 1.1596 - 1

EAR = = 0.1596 = 15.96%

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In a recession, the economy is contracting and economic activity slows. The unemployment rate will rise and the inflation rate will fall. The opposite of a recession is an expansion, during which the economy is growing and economic activity is increasing.

What is economy?
An economy is a region where goods and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviours, discourses, and material manifestations connected to the creation, utilisation, and management of finite resources. One's culture, values, education, technological advancement, history, social organisation, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements set the parameters and conditions under which an economy operates in addition to providing context and content. In other words, this same economic domain is indeed a social domain made up of connected human behaviours and exchanges that cannot exist independently.

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jessica's boutique has cash of $225, accounts receivable of $457, accounts payable of $398, and inventory of $647.  the value of the quick ratio is 1.71

Cash = $225, accounts receivable = $457, accounts payable = $398

Quick ratio = cash + accounts receivable/ accounts payable

                  = 225 + 457/ 398

                  = 1.71

The quick ratio commonly referred to as the acid-test ratio, is a sort of liquidity ratio used in finance that gauges a company's capacity to use its near-cash or quick assets to rapidly pay off or retire its current liabilities.

A company's most liquid assets, such as cash, cash equivalents, marketable securities, and accounts receivable, are divided by all of its current liabilities to arrive at the quick ratio.

The quick ratio gauges how rapidly a business can turn over liquid assets into cash to cover short-term liabilities. A favorable quick ratio might reveal a company's resilience to unforeseen circumstances or other situations that result in transient cash flow issues.

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Based on the statement above,  if their agreement is like most franchise agreements, it will specify that urgent can terminate the franchise for cause only.

A franchise can be described as a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and often an initial fee for the right to do business under the franchisor's name and system and a franchisee, who pays a royalty.

The franchise agreement can be described as an essentially a legal document between the franchisor and you (the franchisee). It is a legal binding agreement. Franchise agreement explains in detail what the franchisor expects from you, as a franchisee, in the way you operate every facet of the business.

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Answer (c) is the right choice. Andy Prose purchased a window from Gabby Window Supply Co. on credit; they issued Sales Slip 357 for $800. There will be a credit to sales in the entry to document this transaction.

Sales are recorded as a credit since the journal entry's opposite, which is typically a debit to either the cash or accounts receivable account, is a credit. In essence, the credit raises shareholders' equity while the debit increases one of the asset accounts.

When ownership of products and services is transferred to a consumer on a "credit basis," the debt will be paid in full at a later time.

When a business sells any merchandise to a third party on credit, an entry called a sales credit journal entry is made in the company's sales journal. In this instance, the sales account is credited in proportion to the debit to the debtor's account or account receivable account.

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Auto scaling feature can help your company to match the required compute capacity to spike in traffic during flash sales events.

Auto Scaling helps maintain operation vacuity and allows associations to scale Amazon Elastic figure Cloud( Amazon EC2) capacity up or down automatically according to conditions defined for the particular workload. Not only can it be used to help insure that the asked number of Amazon EC2 cases are running, but it also allows fund to measure in and out to match the demands of dynamic workloads. Amazon Glacier, Amazon SNS, and Amazon VPC don't give services to scale figure capacity automatically.

AWS Auto Scaling lets you make scaling plans that automate how groups of different coffers respond to changes in demand. You can optimize vacuity, costs, or a balance of both. AWS Auto Scaling automatically creates all of the scaling programs and sets targets for you grounded on your preference.

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Increased drug prices as a result of drug interdiction would result in an increase in total revenue for the illegal drug market due to inelastic demand. Due to the fact that drug users require more resources and money to maintain their addiction, this would result in an increase in drug-related crimes.

Is there an elastic or inelastic demand for illegal drugs?

When demand is relatively elastic, this cost is passed on to the consumer, leading to lower consumption. However, in the case of illegal goods like drugs, where demand appears to be inelastic, higher prices not only result in increased spending overall but also less consumption.

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Dividing the finished goods among four warehouses illustrates a separation.

A warehouse can be described as a large building where raw materials or manufactured goods may be stored prior to their distribution for sale. Warehouses are used by manufacturers, wholesalers, transport businesses,  importers, exporters, customs, etc. Warehouses are used by all different types of businesses that need to temporarily store products in bulk before either shipping them to  individually to end consumers or to other locations. Warehouse separation nets make it possible to create a spatial separation between zones where working and movement of people is allowed and storage areas.

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Aileen Lee is ranked among the world's top venture capitalists, but when she invests in a company, she cannot demand more than established cash flows.

What is company?
A corporation is a business entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of the its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of a business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting. A company, also referred to as corporate personhood, is largely an artificial person in that it exists independently of the people who own, direct, and support its business.

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