which of the following investment types is considered to have some protection from unexpected inflation? ch13 a. investment in real estate assets b. investment in long term treasury bonds c. investment in certificate of deposit (cd) with bank d. putting your funds under your mattress e. investment in corporate bonds

Answers

Answer 1

The investment over real estate assets is considered to get some protection from unexpected inflation.

What is an unexpected inflation?Unexpected inflation is defined as inflation that is higher or lower than expected. Unexpected inflation has an impact on the economic cycle. It reduces the reliability of market price information for economic agents.According to historical data, real estate has been somewhat effective as an inflation hedge.As a result, the landlord will earn a higher rental income over time. This aids in keeping up with the rise in inflation. As a result, real estate income is one of the best ways to protect an investment portfolio from inflation.The only way to beat inflation outright is to take far more risk than many investors are willing to take these days, which is to invest their money in high-risk bonds or the stock market.

To learn more about unexpected inflation refer to :

https://brainly.com/question/29804029

#SPJ4


Related Questions

What are three ways that you can deposit withdraw or transfer money?

Answers

Utilizing an ATM,  Simple is one of the most well-known cloud-based banks. Three options to deposit, withdraw, or transfer money are: 2. Speak with your bank; 3. Transfer.

What is withdrawal money?

The withdrawal entails taking money out of a trust, pension, savings plan, or bank account. In some circumstances, requirements must be satisfied be order to withdraw money without incurring fees, and fees for early withdrawal typically apply when a provision of an investment contract is broken.

Why does withdraw mean?

To bring back; remove; or draw back, aside: She took her hand off of his. His money were taken out of the bank. Retract or recall means to remove a false accusation. to make someone go through addiction withdrawal.

To know more about withdraw visit:

brainly.com/question/2099875

#SPJ4

How do you track profitability by client in QuickBooks Online?

Answers

In QuickBooks Online, you can track client profitability by creating a Profit & Loss report and then filtering the report by customer.

To do this, select Reports from the left menu, then select Profit & Loss under Standard. On the Profit & Loss report, select Customize and then select the Filter tab. Under the Filter tab, select the checkbox for Customer and select the customer you are interested in tracking.

When you run the report, it will show you the total profit for the customer. Additionally, you can drill down into the report to see more detailed information about the customer, such as the individual products or services they purchased and the associated revenue and costs for each.

By tracking the customer profitability in this way, you can get a better understanding of which customers are most profitable and make more informed decisions about how to best serve them.

For more questions like QuickBooks click the link below:

https://brainly.com/question/30091612

#SPJ4

What is the relationship between a location’s in-stock probability and the lead time that location delivers on shipments to its customers?

Answers

There is no clear correlation between the two—a higher in-stock probability may indicate a shorter or longer lead time.

The in-stock probability is the possibility that orders for items will be filled within a given time frame. Pricing will fluctuate over time as demand and stock levels change. Your in-stock rate is a measurement of how much of the anticipated demand you now have in stock and available.

The given question is incomplete. The complete question is :
What is the link between a location's likelihood of having a product in stock and the lead time it takes to deliver shipments to customers?

a. The shorter the lead time, the better the likelihood of in-stock items.

b. There is no clear correlation; a higher in-stock probability may indicate a shorter or longer lead time.

c. The lead time is longer the more likely it is that the item will be in stock.

To know more about in-stock probability :
https://brainly.com/question/14306135

#SPJ4

Does federal income tax include Social Security and Medicare?

Answers

Federal income taxes do not include FICA. Both taxes are based on the employee's gross salary, but they are two independent amounts that are calculated separately. Your federal income tax or refunds are rarely impacted by the Medicare and Social Security levies.

The Social Security and Medicare federal programs, which offer benefits to retirees, individuals with disabilities, and offspring of deceased workers, are funded by contributions from both employees and employers under the Federal Insurance Contributions Act. Title 26, Subtitle C, Chapter 21 of the United States Code contains the tax legislation known as the Federal Insurance Contributions Act. Medicare offers hospital insurance coverage for seniors; Social Security benefits include old-age, survivors, and disability insurance (OASDI). The amount of payroll taxes one pays over the course of their working career is indirectly related to the annuity amount they would get from social security once they retire. As a result, Kevin Hassett claimed that because FICA is directly related to benefits that one is qualified to receive later in life, it is not a tax. Although no one has an earned property right to benefits from the system, regardless of how much they may have contributed, the US Supreme Court declared in Flemming v. The Social Security system is neither a pension nor an insurance plan, according to Nestor (1960). FICA functions as a tax in all actuality since money is set aside by Congress for specific purposes but is still entirely under its control, including the ability to be redirected. Only earned income is subject to the FICA tax; investment income, such as rental income, interest income, or dividend income, is not subject to this tax. Healthcare Insurance (HI)

Learn more about FICA here

https://brainly.com/question/15183057

#SPJ4

Which of the following are substantiated by research on diversity in the workplace? Select all that apply.

a. The presence of faultlines increases cohesiveness at work.
b. Diversity management programs lead to higher stock prices for their companies.
c. There is a positive correlation between racial diversity in the firm and company performance.
d. Diverse teams make higher-quality decisions.
e. Minority managers rarely experience racial discrimination at work.

Answers

c. There is a positive correlation between racial diversity in the firm and company performance and d. Diverse teams make higher-quality decisions. Both  are substantiated by research on diversity in the workplace.

Research has shown that organizations with greater racial and ethnic diversity tend to perform better financially, as measured by their return on equity, return on sales, and other indicators of financial performance. Additionally, research has also revealed that diverse teams make higher quality decisions and are better able to solve complex problems than homogenous teams.

Hence , option c and d both apply.

To know more about research here

https://brainly.com/question/29416493

#SPJ4

Susan quit her job as a teacher, which paid her $48,000 per year, in order to start her own catering business. She spent $12,000 of her savings, which had been earning 10 percent interest per year, on equipment for her business. She also borrowed $12,000 from her bank at 10 percent interest per year, which she also spent on equipment. For the past several months she has spent $1000 per month on ingredients and other variable costs. Also, for the past several months she has taken in $4700 in monthly revenue. What should susan do in the short run and the long run?.

Answers

Because her company is currently earning an accounting profit, Susan can continue operating for the foreseeable future; nevertheless, unless her revenues improve, she shouldn't do so in the long run. Economic profit/loss in the long run equals $0, and Susan is not even close. Until she can return to her previous teaching position, she should continue working at her catering business (or get a new one).

Total sales minus total expenses equals Susan's accounting profit/loss ($3,500 x 12). - [($1,000 x 12) + ($12,000 x 10%)] = $42,000 - $13,200 = $28,800

Accounting profit minus opportunity expenses equals Susan's economic profit or loss.Opportunity costs are the additional expenses or benefits foregone when selecting one course of action or investment over another. Susan's opportunity cost in this instance is $37,000, which is comprised of $36,000 in lost wages and $1,200 in lost interest.

Susan's financial loss is equal to $8,400 ($28,800 - $37,200).

Because her company is currently earning an accounting profit, Susan can continue operating for the foreseeable future; nevertheless, unless her revenues improve, she shouldn't do so in the long run. Economic profit/loss in the long run equals $0, and Susan is not even close. Until she can return to her previous teaching position, she should continue working at her catering business (or get a new one).

Learn more about Accounting profit  by using this link:

https://brainly.com/question/15036999

#SPJ4

a widow wishes to take out a reverse mortgage on her house. what annual payment can she get if she decides on a $100,000 debt at the end of 10 years

Answers

Calculation of Future Value of $10,000 after 10 years at 9% Interest Rate

Future Value = Advance Amount x (1 + r)n

= $10,000 x (1 + 0.09)10

= $10,000 x 2.367363

= $23,674

The Amount available for annuity payment  

The Amount available for annuity payment = Debt – Future Value of Advance payment

= $10,000 - $23,674

= $76,326

Calculation of the Annual Payment that she would get

Future Value of an Ordinary Annuity = P x [{(1+ r)n  - 1} / r ]

Future Value = $76,326

Interest Rate (r) = 9%

Number of period = 10 Years

Annual Payment (P) = ?

Future Value of an Ordinary Annuity = P x [{(1+ r)n  - 1} / r ]

$76,326 = P x [{(1 + 0.09)10  – 1} / 0.09]

$76,326 = P x [(2.36736 – 1 ) / 0.09]

$76,326 = P x [2.36736 / 0.09]

$76,326 = P x 15.19293

P = $76,326 / 15.19293

P = $5,024 per year

“Therefore, she would get annual payment of $5,024 per year”

Learn more about to annual payment visit here;

https://brainly.com/question/18958209

#SPJ4

Which situation best illustrates how global trade promotes specialization brainly.

Answers

The antislavery movement in the 1800s compelled the government to treat the question of abolition seriously  situation best illustrates how global trade promotes specialization brainly.

A government is a structure or organisation of individuals in charge of a planned network, most often a nation. In its broadest sense, government typically refers to the legislative branch, the executive branch, and the judicial branch. Authorities serve as both a vehicle for establishing policy and a means of enforcing organisational regulations. Many governments have some form of constitution that serves as a statement of their governing principles. While all organisations have governance, the term "government" is frequently used in particular to refer to the approximately 200 independent national governments and subsidiary organisations.

Learn more about government by using this link:

brainly.com/question/25192887

#SPJ4

What do the 4 Agile values mean?

Answers

The agile approach to software development is defined by a commitment to producing software gradually, or in small, frequent increments.

The Agile Manifesto states that there are four key concepts of Agile software development:

Individuals and interactions take precedence over procedures and tools, functional software beats out thorough documentation, customer engagement beats out contract negotiations, and adapting to change takes precedence over sticking to a schedule.

To know more about software click on the link below:

brainly.com/question/28224061

#SPJ4

What are the 2 functions of price?

Answers

The functions of price are exchange facilitation and resource allocation

Prices coordinate the market purchasing and selling choices and also influence how goods and other resources are distributed across the economy. In a market, exchanges of commodities and services are made possible through price. The value that a seller places on their product can be communicated to prospective customers by setting a price, and customers can then choose whether or not they are willing to pay that price.

Price also signals to producers which commodities are in great demand and which are not, aiding in the proper allocation of resources in an economy. This aids producers in choosing what to create and how much of it, ensuring that resources are utilised effectively.

Read more about functions of price on:

https://brainly.com/question/15313970

#SPJ4

a business process is a logically related set of activities that define how specific business tasks are performed. group of answer choices true false

Answers

A business process is a logically related set of activities that define how specific business tasks are performed. Given Statement are false.

The accomplishment of a business function is accomplished through the interaction of a network of activities, facilities, resources, and information. A business process is a system, and business systems are sometimes used to describe them.

They are the procedures that produce money right away. Manufacturing things, the order-to-cash process, and delivering goods to clients are a few examples.

A business process is fundamentally a set of repeated procedures used by a corporation to achieve a goal. Making progress toward your goals and enhancing the operations of your company depend on effective processes. The purpose of a business process is to help your company reach a specific target

Learn more about Business process to visit this link

https://brainly.com/question/14979506

#SPJ4

Is a barter economy an economy with no money?

Answers

In a barter system economy, goods and services are available exchanged or transacted without the use of money. The correct response is (A) As traders sought to facilitate trade, money emerged out of a barter economy.

A barter economy is an economic system in which the exchange of goods and services occurs without the use of money and instead involves a negotiated exchange of products and services at a rate that is agreed upon by the people involved. Before the creation of the monetary system or money, the barter economy is regarded as one of the earliest economic systems.

A barter economy can be described by the following truths: A barter economy can be anticipated to have lower average living standards than a money system because traders sought to make trading easier and during the evolution of money. A barter economy is one in which goods and services are exchanged for other items of equal worth. Cash is not involved in barter.A lot of prehistoric cultures traded goods by bartering.However, early societies like the Phoenicians created the first kind of money to ease trade and allow the determination of a good's value.

complete question:

Is a barter economy an economy with no money?

(A) As traders sought to facilitate trade, money emerged out of a barter economy.

(B) Compared to a money system, a barter economy has reduced transaction costs for exchanges.

(C) It is reasonable to anticipate that average living standards will be lower in a barter economy than in a money economy.

To know more about barter system visit:

https://brainly.com/question/13015338

#SPJ4

in the context of the planning process, _____ are the targets or ends a manager wants to reach
a.strategies
b. plans
c.scenarios
d. goals

Answers

In the context of the planning process, goals are the targets or ends a manager wants to reach. Therefore, the correct answer option is: D. goals.

What is planning?

In Business management, planning can be defined as a strategic process which typically involves developing and setting organizational objectives, targets, ends, and goals, as well as translating them into action plans or courses of action.

What is a goal?

A goal can be defined as an outcome statement and strategic objectives that defines what an individual or a group of people (team members) hope to successfully achieve (accomplish) in the future i.e over a specific period of time.

This ultimately implies that, a goal is simply a futuristic idea, an objective, or desired result that an individual envision, plan, and commit to achieve over a specific period of time.

In this context, we can reasonably infer and logically deduce that all of the targets or ends a manager desires (wants) to reach are generally referred to as goals.

Read more on planning here: brainly.com/question/3891062

#SPJ1

Is the integral part of management?

Answers

Decision-making is considered to be an integral part of the management.

Decision-making tends to involve the selection of a course of action which is said to be from among two or more possible alternatives in order to arrive at a solution for a given problem. So, the decision-making is an integral part of management.

However, it needs to make all kinds of decisions, which are from strategic development and the use of resources to employees motivation and to control of all processes in the management. Business is considered to be all about management which is an integral part of any business.

Hence, a good management tend to lay the foundation of a successful business.

To learn more about decision-making here:

https://brainly.com/question/16407152

#SPJ4

Which of the following expenditures is most likely to be deductible for a construction business?Â

a. A fine for a zoning violation.
b. A tax underpayment penalty.
c. An "under the table" payment to a government representative to obtain a better price for raw materials.
d. A payment to a foreign official to expedite an application for a business permit.
e. An arm's length payment to a related party for emergency repairs of a sewage line.

Answers

Option(e) An arm's length payment to a related party for emergency repairs of a sewage line is most likely to be deductible for a construction business.

Working in the construction industry will usually result in a number of tax deductions.

According to the IRS, you can deduct any ordinary and necessary business expense.

The Income Tax Act allows a taxpayer to claim a deduction from taxable income if he or she has purchased or built a home. Section 80C of the Act makes it possible for taxpayers to claim the deduction.

Personal expenses are generally not deductible, but expenses incurred in connection with a trade or business activity or in connection with the production of income are.

From the following options

option(e) An arm's length payment to a related party for emergency repairs of a sewage line is the most likely to be deductible for a construction business

To know more about Tax Deduction here

https://brainly.com/question/27051230

#SPJ4

a machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. what is the amount of depreciation for the second full year, using the double-declining-balance method? a.$37,500 b.$17,500 c.$16,667 d.$18,750

Answers

If a machine with a cost of $75,000 has an estimated residual value of $5,000. the amount of depreciation for the second full year, using the double-declining-balance method is: d. $18,750.

How to find the depreciation?

Straight line rate = 1/Useful life × 100

Straight line rate = 1/4 × 100

Straight line rate = 25%

Year 1 Depreciable expense = Machine cost ×(Straight-line rate× Multiplier)

Year 1 Depreciable expense  = 75,000 × (25% × 2)

Year 1   Depreciable expense  = 75,000 × 0.50

Year 1  Depreciable expense = $37,500

Depreciable expense for year 2 = (Machine cost - Depreciable expense for year 1) × (Straight-line rate× Multiplier)

Year 2 Depreciable expense = (75,000 - 37,500) × (25% × 2)

Year 2 Depreciable expense = 37,500× 0.50

Year 2 Depreciable expense =$18,750

Therefore the correct option is D.

Learn more about depreciation here:https://brainly.com/question/25806993

#SPJ1

What was FDR's economic recovery program called?

Answers

The New Deal was a sequence of programs, public work projects, monetary reforms, and policies enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939.

What was once Roosevelt's program of relief recuperation and reform?

The New Deal had three goals: relief, recovery, and reform. Relief intended that the president desired to assist those in disaster without delay by using growing jobs, bread lines, and welfare. Recovery used to be aimed at fixing the economy and ending the Depression

What have been the three New Deal programs?

The New Deal packages have been acknowledged as the three "Rs"; Roosevelt believed that collectively Relief, Reform, and Recovery should bring economic balance to the nation. Reform packages centered especially on methods for ensuring that depressions like that in the Thirties would never have an effect on the American public again.

Learn more about New Deal programs here:

https://brainly.com/question/11739226#SPJ4

The difference between an extensive-form game and a simultaneous-move game is that. Simultaneous-move games have zero-sum payoffs, but extensive-form games do not in simultaneous-more games players have only two actions to choose from, but in extensive-form games the players can have more than two choices simultaneous-move games have two players, but extensive-form games can have more than two players in extensive-form games the player can observe the other player's action before deciding, but in simultaneous-move they can't

Answers

Games in extensive form model the sequence of player moves.In strategic form games,a set of strategies is associated with each player. Payoffs to a player result from combinations of strategies

While sequential games are played in turns,simultaneous games are played with each player making their decision at the same time.Each player chooses a strategy from his strategy set.Image result for the difference between a game of extensive form and a game of simultaneous movements is that.Simultaneous move games have zero sum payouts but extensive form games do not in simultaneous games players only have two actions to choose from but in extensive form games players may have more than two options two players,but extensive form games can have more than two players in extensive form games the player can observe the action of the other player before deciding,but in simultaneous movement they cannot in a simultaneous game,the players will make their moves simultaneously, determines the outcome of the game and receives its payouts.A game in extensive form specifies when each player in the game must move,information is about the sequence of previous moves,random moves occur,and the final payoffs are such games are discussed in Chaps.

To learn more about simultaneous please click on below link.

https://brainly.com/question/4532001.

#SPJ4

Which Agile methodology refers to a pull system focused on limiting the amount of work in progress to the capacity of the team?

Answers

Work in progress (WIP) limitations in agile methodology define the most quantity of work that can be present in each workflow phase.

Teams employ the iterative agile development process for software development. Cross-functional, self-organized teams frequently adapt projects by analysing the environment and user requirements. In sprints with short-term deliverables, Scrum teams continuously improve quality. The Agile methodology divides a project into many parts and uses these phases to manage the project. Continuous improvement at every stage and ongoing collaboration with stakeholders are required. Teams cycle through a process of planning, carrying out, and assessing once the job starts. Collaboration between team members and project stakeholders must always be ongoing.

To learn more about agile refer here:

https://brainly.com/question/26343725

#SPJ4

What are the duties of a union steward?

a. To represent employees during grievance procedures against managers
b. To make sure the contract between workers and employers is properly enforced
c. To investigate complaints lodged by workers against employers

Answers

The duties of a union steward are to represent employees during grievance procedures against managers, to make sure the contract between workers and employers is properly enforced and to investigate complaints lodged by workers against employers. So all options are correct.

A union steward, often referred to as a union representative or shop steward, is a worker for a business or organisation who simultaneously serves as a labor union official, defending the rights of other workers. The job is optional, and the incumbent is typically chosen democratically by the other employees.

In most collective bargaining agreements, there is a steward clause that grants the union steward the ability to participate in union activity at work and to handle union business during working hours.

Hence, the duties of a union steward are:

a. To represent employees during grievance procedures against managers

b. To make sure the contract between workers and employers is properly enforced

c. To investigate complaints lodged by workers against employers

So all options are correct.

To learn more about duties of a union steward link is here

brainly.com/question/17423148

#SPJ4

1-An example of an individual financial COI is: A researcher's wife... 1-An example of an individual financial COI is: A researcher's wife works at the same university as the researcher. A researcher's 10-year-old son wins a local science competition, the prize for which is a $5,000 scholarship to a workshop sponsored by a local company that sponsors one of the researcher's ongoing projects. A researcher's wife holds equity in a publicly traded pharmaceutical company that is also the sponsor of the researcher's study. A researcher is considering buying stock in a publicly traded company that specializes in making and delivering hand tossed pizza. 2-The COI management plan aims to: Provide procedures or extras steps to be taken to minimize the risk of bias when a COI is disclosed Eliminate all COIs in research when a COI is disclosed Address disclosure of COIs in multi-center research when a COI is disclosed Reduce IRB review burden when a COI is disclosed 3-During an Institutional Review Board (IRB) meeting, any IRB member who may have a potential COI with a study under review should: Leave the meeting immediately Disclose their potential COI and not participate in any action Disclose their potential COI and may answer questions, but recuse themselves from voting Disclose their potential COI, but not answer any questions about the study

Answers

A researcher's wife holds equity in a publicly traded pharmaceutical company that is also the sponsor of the researcher's study. Option (c) is correct.

What do you mean by Research?

Research is a systematic inquiry process that includes data gathering, documentation of important information, analysis, and interpretation of that data and information in accordance with appropriate procedures established by particular academic and professional disciplines.

Conflicts of interest that can jeopardize participant protection or the legitimacy of the human subject protection program shall not exist among researchers and study team members who are involved in research that is carried out under the direction of NHG or partner institutions.

Conflict of Interest - In a broad sense, a conflict of interest is any personal or professional interest of an investigator, a member of the study team, or a member of their immediate family (which includes parents, siblings, spouses, and each dependent child) that conflicts with their duty to uphold the rights and welfare of research subjects.

Financial Interest - When a financial interest in a research project is mentioned, it refers to a financial stake in the sponsor, the tested good or service. Any financial interest that is material, including but not limited to pay, is considered significant.

Therefore, Option (c) is correct. A researcher's wife holds equity in a publicly traded pharmaceutical company that is also the sponsor of the researcher's study.

Learn more about Research, here;

https://brainly.com/question/18723483

#SPJ4

Which type of data analysis helps answer the question what will happen next therefore forecasting what might happen in the future?

Answers

Identifying and forecasting likely future events is the goal of predictive analytics. Predictive models created by data analysts using previous patterns and trends can be used to determine the likelihood of a future event or outcome.

What situations use predictive analytics?

Almost any business or industry, including banking, retail, utilities, the public sector, healthcare, and manufacturing, can benefit from using predictive analytics to improve operations, increase revenue, and reduce risk. Machine learning on big data sets is occasionally combined with augmented analytics.

What are some applications of predictive analytics?

Cross-selling opportunities are encouraged by using predictive analytics to monitor consumer behavior or purchasing decisions. Businesses can attract, retain, and expand their most lucrative clients by using predictive modeling. operational improvement Businesses frequently employ predictive models to forecast inventory and manage resources.

To know more about predictive analytics visit:

https://brainly.com/question/18484504

#SPJ4

What is traditional credit?

Answers

Experian, TransUnion, and Equifax receive information from businesses about their accounts receivable, which is referred to as traditional credit.

What was the objective of traditional credit?

These housing loans are typically given by banks and then sold to other organizations like Fannie Mae and Freddie Mac. These are Traditionally known as "conventional loans."

With a domestic banking license and a physical location, banks are considered to be practicing traditional banking. Typically, only two of the three credit bureaus' ratings are required when qualifying for a mortgage using traditional credit.

Learn more about Freddie Mac, here:

https://brainly.com/question/28342268

#SPJ4

Who provides the infrastructure for IaaS?

Answers

Web apps. IaaS provides all the infrastructure to support web apps, including storage, web and application servers, and networking resources. Your organization can quickly deploy web apps on IaaS and easily scale infrastructure up and down when demand for the apps is unpredictable.

The full name of IaaS is Infrastructure as a Service. One of IaaS's biggest benefits is its quick scaling up and down capabilities in response to an enterprise's needs. IaaS providers often have the most advanced, powerful servers, networking, and storage hardware to satisfy the needs of their customers. IaaS is a practical cloud service model for workloads that are cyclical, experimental, or prone to unanticipated change. An example of a cloud computing service is infrastructure as a service, which offers essential networking, processing, and storage capabilities as needed and on a pay-as-you-go basis. software as a service is also (SaaS)

Learn more about IaaS here:

https://brainly.com/question/29457094

#SPJ4

What is inelastic in economics quizlet?

Answers

Inelastic in economics refers to the static quantity of a good or service when its price changes.

        When suitable alternatives are unavailable, inelastic items are typically necessary. Utilities, prescription medications, and smokeless tobacco have the most frequent inelastic demand among all goods. Because demand for these products is constant regardless of price changes, businesses who sell them can be more flexible with pricing.

When a buyer's desire for a product does not fluctuate as much as a product's price change, this is known as inelastic demand. Demand is said to be inelastic when the price rises by 20% yet the decline in demand is only 1%. if the quantity demanded changes only slightly as a result of consumers' reactions to price changes. An economic idea known as "inelasticity" describes an item or service's unchanging quantity while its price varies. the term "inelastic demand".

For such more questions on Inelastic :

brainly.com/question/28192591

#SPJ4

on april 12, hong company agrees to accept a 60-day, 7%, $6,600 note from indigo company to extend the due date on an overdue account. what is the journal entry that indigo company would make when it records payment of the note on the maturity date? (use 360 days a year.)

Answers

In order to record the note's payment on the maturity date, the Indigo Company would need to create a journal entry of $6677.

Explain about the journal entry?

An entry in your journal serves as a record of a transaction in the financial records of your business. In double-entry bookkeeping, at least two journal entries must be created for each transaction. Because they might be quite numerous, a bookkeeper keeps track of all the changes a transaction might make to a business.

Instead of through a specific module or automatically as invoices or cash receipts are processed, general journal entries are immediately entered into the general ledger. An example of a depreciation expense entry is as follows: 9902 is the citation number. Date: 12/31/20. Depreciation cost ($10,500; account 6401).

A straightforward journal entry is one in which just one account is debited and one is credited.

Interest is calculated as follows: Principal Amount x Rate x Days / 365

Interest = $6,600 * 7% * 60/360

$77 plus interest

Cash due equals Principal Amount plus Interest.

Cash due = $6600 plus $77

Total Amount Due: $6677

To learn more about journal entry refer to:

https://brainly.com/question/28390337

#SPJ4

On April 12, Hong Company consents to accept a $9600, 60-day, 7% note from Indigo Company in order to postpone the payment deadline for a past-due account.

On november 1 alan company signed a 120-day 8?

A $9000, 120-day, 8% note payable with Alan Company was executed on November 1st.

$9000, 120-day, 8% note payable with Alan Company was executed on November 1st. What adjustment was made to the note's accrued interest as of December 31? 365 days a year (use). a. Credit Interest Payable and debit Interest Expense totaling $120. b. $120 in interest expense and $120 in interest payable. c. Credit Interest Expense for $240 and debit Interest Payable for $240. d. There isn't a need for an adjusting entry: O e Debit interest Expense, 5720; credit interest Payable, 5720

To know more about Debit interest Expense  click on the link below:

https://brainly.com/question/24553900

#SPJ4

what role of the federal reserve has been cited as contributing to the banking crisis of 2008? it kept the reserve requirement too high. it kept interest rates too high. it kept the cost of borrowing too low. it eliminated the discount rate.

Answers

The federal reserve has been cited as contributing to the banking crisis of 2008 by keeping the cost of borrowing too low. Hence, option D is appropriate.

What is the Federal reserve?

To guarantee that the financial system supports a strong economy for American people, communities, and businesses, the Federal Reserve analyzes financial sector risks and actively participates at home and abroad.

The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C. Seven people referred to as "governors," would be chosen either by the American president but also confirmed in their positions or by the American senate in charge of it.

The Fed is the main regulator overseeing banks that are participants within Federal Reserve System and has considerable authority to take action to promote financial stability. It serves as the member institutions' last-resort lender when they have nowhere else to turn for financing.

Hence, option D is correct.

Learn more about the Federal reserve here:

https://brainly.com/question/23247429

#SPJ1

four seasons and ritz carlton are among hotels that keep records of all customer requests such as which newspaper the guest prefers or what type of pillow the customer uses. this is an example of what type of culture?

Answers

The sort of pillow the client uses or the type of newspaper the guest enjoys.

What do a client and an example mean?

In order to make your customers' contacts with you easy and enjoyable, as well as when they buy and use your products or services, you must give them with customer care. Outstanding customer service is a need if you want to grow your clientele and your business.

What means customer service?

Customer service is the help you give your customers so that the interactions with you easy and enjoyable, as well as when they buy and use your products or services. You must deliver exceptional customer service if you want to maintain customers and grow your organization.

To know more about customer visit:

https://brainly.com/question/13735743

#SPJ4

Was the creation of NAFTA a success?

Answers

For some, NAFTA has been a success, as the United States, Mexico, and Canada have all experienced improved gross volumes of trade and financial flow. But the agreement has additionally been blamed for growing unemployment in the U.S.

Was NAFTA a success or failure?

The 1994 North American Free Trade Agreement (NAFTA) used to be the first alternate treaty that attempted to promote and protect place of work fitness and protection through a "labor facet agreement." NAFTA failed to shield workers' fitness and security due to the weaknesses of the facet agreement's text; the political and diplomatic

Hundreds of heaps of auto manufacturing jobs have also been created in the country, and most research have determined [PDF] that the settlement expanded productivity and reduced client fees in Mexico.

Learn more about NAFTA  here:

https://brainly.com/question/644093#SPJ4

What are your own feelings about credit scores and how they are used in our society? do you think they are accurate? fair/just? perpetuating inequality? explain your reasoning.

Answers

The FICO score, which is utilised by the major credit agencies to assess your creditworthiness, is the credit scoring system that you will hear about most frequently in the United States.

The range of your FICO score is 300 to 850, with a higher score being preferable. Your financial life might be dramatically impacted by your credit score. It is very important in determining if a lender will provide you credit. For instance, subprime borrowers are often those with credit scores below 640.

There may be variations in the data gathered by the three credit bureaus, but there are five key elements taken into account when determining a credit score: Financial history Amount owed in full History of credit used credit types extra credit.

Many credit cards, notably the most lucrative rewards cards, are only made available to customers with a certain level of creditworthiness. Numerous of the top credit cards are only promoted to people with excellent credit scores. Your credit score might impact the terms of your credit card application.

To learn more about credit scoring system please click on below link

https://brainly.com/question/28678535

#SPJ4

Other Questions
What is 7,899 to the nearest thousand The life supporting zone of the earth is * A) Lithosphere B) Hydrosphere C) Atmosphere D) Biospheres In which state potato production is more? ne:ctriID: A33. Based on the context of paragraph 12, which word could be substituted for insularity whilemaintaining the same basic meaning?A extinctionB isolation offenseD dangerarto the central idea that How many judges are appointed? if you are the coo of barcelona, then given the description of the work environment, what type of people might you be seeking to hire with regard to dimensions of fit? check all that apply. strong person-geographic fit strong person-job fit strong person-organization fit strong person-group fit What does the poet say about the hypocrisy? What is traditional culture in Vietnam? b. complete the following table. tell if the molecule is polar or nonpolar, draw the lewis structure for the molecule, give the shape of the molecule, and state what the most significant intermolecular force affecting the molecule would be. (16 points) sci2 cbr4 Which phrase describes the movement of air in general?A. from high pressure to low pressureB. from north to southC. from south to northD. from low pressure to high pressure How do you prove two shapes are similar? what happens when the north pole of one bar magnet is near the north pole of another bar magnet? Fujiko owns and operates a local bakery, Fujiko leading when she-checks how much flour is in stock so that she can order the needed amount on this week's supply purchase.-assures a distressed customer that his child's birthday cake can ready a day earlier than planned.- learns the new state health regulations and then reviews her bakery's policies to uphold the highest clearing and safety standards-quickly adapted to offering curbside service during the COVID19 pandemic so that she did not have to lay off any workers. For which career would these qualifications be most applicable? ability to work alone and stay focused on a task accuracy and precision in recording information computer and technology skills typically have significant post-secondary education patience and persistence for repetitive tasks. an online magazine allows you to view up to 25 articles free to view 30articles, you pay $49.15. to view 33 articles, you pay $57.40. what is the cost of each article for which you pay a fee? A property of multiplication is used to simplify each expression. Select the property used in each simplification. A -5 136 = -5(136) = -5 2 = -10 Commutative Property Associative Property Distributive Property B 30 116 = 30(1+16) = 30 1 + 30 16 = 30 + 5 = 35 Commutative Property Associative Property Distributive Property C 25 (-8) 10 = 25 10 (-8) = 4 (-8) = -32 Commutative Property Associative Property Distributive Property D -1.23100 = -1.21003 = -120 3 = -360 Commutative Property Associative Property Distributive Property What is the main idea of the central thought of the given texts? selected current year company information follows: net income $ 16,253 net sales 715,855 total liabilities, beginning-year 86,932 total liabilities, end-of-year 106,201 total equity, beginning-year 201,935 total equity, end-of-year 126,351 the return on total assets is: (do not round intermediate calculations.) which of the following characteristics are present in this work of art?O shifting pAerspectiveO li (idea) ji (spirit)O linear perspective triadO shifting perspective linear perspectiveO hiragana script What is a homophone 11+?