The home's price is $857,000. For $600,000, a borrower received a 70% loan.
What does "borrower" mean?a person or business that takes out a loan, especially one for cash from a bank: Banks support potential new borrowers. Interest is owed by the borrower from the moment the debt is issued until it is fully repaid.
Who is qualified to borrow?Anyone or something using goods, services, or money on credit is referred to as a borrower. The lending of money is where the idea is most frequently used, where a borrower requests for a loan and the lender evaluates their credit.
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which of the following definitions best describes a business cycle
Activity that alternatives periods of growth and decline in an economic's GDP.
Business cycles represent the rise and fall of economic activity relative to LT growth trends.
What is customer tolerance?
The customer requirement tolerance can be defined as customers' preferences that can be compromised (or customer's indifference or flexibility) that would not affect the purchasing decision.
What is customer tolerance?The tolerance group can be described as a collection of users with the SAP ERP software that have been given certain authorization. The tolerance group aids in specifying the accounting clerks' group in order to choose which amounts are authorised for posting.
Tolerance Groups deal with appropriate, permissible differences and granting users of the organisation the right to upload documents quickly. The SAP tolerance group enables users to conduct transactions with gains or losses in payment for customers or vendors.
Individual GL account master data are given a GL tolerance group. The open item managed GL account in the company code will have these limits enforced by default if the tolerance group is left empty.
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Which of the following is currently a negative factor for foreign investment in Russia?
Select one:
a. Few Russians have access to the Internet due to heavy regulation.
b. Russian consumers have little interest in online shopping.
c. Russian consumer markets are saturated, offering few opportunities for goods from U.S. companies to sell well.
d. Russia is known for corruption, creating ethical dilemmas for firms.
e. The Russian population is poorly educated.
currently a negative factor for foreign investment in Russia is corruption, creating ethical dilemmas for firms.so option is d.
A foreign investment is what?An investment in the form of a controlling ownership in a company, in real estate, or in productive assets like factories made in one nation by a company located in another is known as a foreign direct investment. Owning assets in one country by a resident of another country is known as foreign direct investment (FDI). Foreign direct investments (FDIs) are long-term purchases of physical assets like factories, toll highways, and bridges in other nations. Financial institutions that trade equity holdings in foreign corporations on the stock exchange are examples of FDIs.
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What are the similarities and differences between a market command and mixed market economy?
In a centrally planned economy, the government is in charge of the system. Which is a capitalist model without a government, is governed in part by the authorities and in part as both a free market economy.
An economic system is what?An economy system is a method used by communities or governments to coordinate and distribute resources, resources, and goods throughout a territory or nation.
How does the financial system function?But ultimately, economies function by sharing limited resources among people and things. An economy is made up of a number of capital-facilitated markets where exchange goods and services. These networks are present on a local, a governmental, and a worldwide scale.
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Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to the Income Statement for the year ended 31 December 2015 was $6000. How much was paid for rent during the year?
Answer:
4600
Explanation:
Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)
For stability and economic reasons, we operate the transmission line with power angle in the range of:
The load, torque, or power angle is the name given to this lagging angle. " stands for it. The maximum torque angle required for stable functioning is 90°, or 0° to 90°.
What does a transmission line power angle mean?The power angle is the angular relationship between the internal and terminal voltages of a generator or the voltages at the source and load points of an electrical transmission line.
What does the power angle mean and why does it matter in the power system?When the power angle of a synchronous machine is changed, the Power Angle Curve provides information about its electrical power output. As we climb from 0 to 90°, the output grows sinusoidally, as can be seen from this chart. But a power angle that is more than 90 degrees.
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What is the biggest difference between a bank and a credit union ?
The biggest difference between a bank and a credit union is ownership. Banks are owned by shareholders and are for-profit institutions, while credit unions are nonprofit and owned by their members.
Banks tend to offer a broader range of services than credit unions and may offer higher interest rates on loans and deposits. However, credit unions typically offer more competitive interest rates on loans and may have lower fees and more personalized services.
Banks are also typically for-profit and focus on generating revenue, whereas credit unions are nonprofit and focus on providing services to their members. Credit unions may also offer more favorable terms and interest rates on loans and other services compared to banks.
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Sam files a suit against Ranchland Corporation. Ranchland believes that even if Sam's statement of the facts is true, according to the law Ranchland is not liable. Ranchland should Group of answer choices issue a summary judgment. file a motion to dismiss. ask for a deposition. seek an admission of the truth of the matter relating to the trial. g
Living in San Diego, California, are married couple Andrea and Sam. Soon after being married, they buy a house together.
To avoid wasting resources on a matter they view as frivolous, a party will file a motion to dismiss when they believe it lacks a legal foundation, or when they do not believe that what they did justifies a court case. When Non-products asserts that they did nothing illegal in this situation, they are basically filing a petition to dismiss. Moho avoid having to pay to defend the case, they would prefer if the courts simply dismissed the matter. Andrea receives her father's ranch property two years later. Regarding ownership, the house is regarded as communal property, but the ranch is not because it was inherited and is therefore thought to be under absolute possession. Ownership is the status or fact of having exclusive rights and control over property, which can be an item, a piece of land or other real estate, or intellectual property.
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to break even, a business must ________.
To break even, a business must generate enough revenue to cover its expenses
This means that the revenue earned from sales or services must be equal to the cost of producing and delivering those goods or services, as well as any overhead costs such as rent, utilities, and employee salaries. When a business is breaking even, it is not making a profit but it is not incurring a loss either. This means that the revenue earned from sales or services must be equal to the total expenses of the business. When a business is breaking even, it is not making a profit but it is also not incurring a loss.
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Enterprise Rent-A-Car closely ties customer service to employee success. With a tracking system called the Enterprise Service Quality Index (ESQi), the company routinely follows up with customers by phone to determine their level of satisfaction with the company. Only completely satisfied customers count toward an employee ESQi score, which is used to measure employee's potential for promotion. Enterprise closes provider _____ by using marketing research.
Enterprise closes provider soft by using marketing research.
A unit of economic system or activity: a project or operation that is particularly challenging, complex, or dangerous. Particularly: a business organization.: a planned, organized action. The primary economic activity among these people is agriculture.
The Enterprise Service Quality Index (ESQI) is a technique that measures results by using a questionnaire that makes it simple to gather data rapidly. The survey emphasizes responses from the top box. Customers who choose to remain close to the business will typically provide free, beneficial marketing for Enterprise.
A legal entity that has the authority to conduct commerce on its own, such as the ability to sign contracts, own property, amass debts, and open bank accounts, is said to have an enterprise. A business can be incorporated, quasi-incorporated, a non-profit organization, or unincorporated.
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a power analysis reveals that the study being run has ow power. which method will not result in an increase in statistical power
A power analysis is a computation that determines the minimum sample size needed for an experiment given the necessary statistical power, effect size, and significance level.
What is power analysis?A power analysis is a computation that determines the minimum sample size needed for an experiment given the necessary statistical power, effect size, and significance level. It aids in determining if an experiment or survey result is genuine and noteworthy or the product of chance.
What happens when variance increases?The spread of scores in a data set normally increases as the variance of that data set increases. The main reason for this is because variance is a number that represents the average departure of each data point from the mean. When the variance is considerable, the data points are far off from both the mean and one another. The average of the squared deviations from each point to the mean is the variance. Calculating the variance follows a similar procedure to finding the MAD, or mean absolute deviation.
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Which of the following would customers need to present at the time of purchase to get money taken off the purchase price of the item?
A- Refund Checks
B- Sales Receipts
C- Discount Coupons
D- Rebate Certificates
Answer:
Sales Coupon. They save you money
What are the 4 primary roles of advertising?
Advertising is a powerful marketing tool that can assist you in attracting customers, educating them about your products, and earning their confidence.
Define about roles of Advertising? "Marketing mix" that includes four crucial elements for selling a good or service: product, pricing, place, and promotion. Businesses often consider the four Ps when creating marketing strategies and plans to attract their target audience.Advertising refers to any sponsored marketing of a product, service, or notion with the aim of swaying one or more people. Print, radio, television, and digital media are just a few of the platforms where it could occur. The main goal of advertising is to persuade a person to buy a product or do something else.Advertising aids in spreading awareness of the new product so that customers can visit and try it.To learn more about Types of Advertising refers to:
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Aling paring started to deposit php 2000 quarterly in a found that pays 5.5% compounded quarterly.how much will be in the fund after 6 years?
Aling Paring began depositing PHP 2000 on a quarterly basis into a fund that earns 5.5% compounded. Consequently, the fund is valued at $56,413.75 after six years.
Future worth of a regular annuity provided by,
F.V. = P [(1 + r) n - 1] / r, equation (1)
F.V. = P [(1 + r) n - 1] / r, equation (1)
periodic interest rate = r
The number of payments is n.
Here,
P = 2,000
r = 5.5% / 4 = 0.01375
for the number of payments (n),
which is 4 payments in a year and 24 payments
so in a six-year period (i.e., n = 24 payments).
the value above in equation 1
so
F.V. = 2000 [(1+ 0.01375) 24 - 1] / 0.01375
F.V. = 56,413.75
P = $56,413.75 will therefore be in the fund after six years.
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Joanne runs a company that produces mattresses. Her fixed costs include electricity and labor. She recently increased the capacity of production, which increased these fixed costs. What has Joanne done to the production of her company?
Joanne has ____ the production.
Answer:
not sure but increased seems right
Explanation:
Because she increased the capacity of production which increased these fixed cost, then, she has decreased expected profit of the production.
What does increased Fixed cost do?In production, any increase in fixed cost will increase total cost and will impct on level of profit which will decrease.
In conclusion, as she increased the capacity of production which increased these fixed cost, then, she has decreased expected profit of the production.
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Place the following effects of a long-run binding price ceiling in the order they will occur. Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence. O A binding price ceiling is imposed, forcing the open-market price below the natural equilibrium point. O Quantity demanded increases, while quantity supplied decreases. O The shortage becomes so acute that consumers will choose substitutes. O The market is at natural equilibrium where the supply and demand curves cross. O Consumers see they can save on each unit, while producers realize they will earn less.
I
The graph below shows a price ceiling that is binding in both the long and short terms. As can be seen, the binding price ceiling causes a scarcity that is longer-lasting than it is momentary. The establishment of a black market is another consequence of fixed price limitations. the cost of the item in
The supply and s demand curvecross at equilibrium on a graph of the two curves. At this time, the amount that consumers and companies are willing to buy matches the quantity that producers are willing to supply. By excluding individuals who are solely interested in acquiring the item at a lower price than the market would otherwise allow, establishing a contractual price floor causes an unbalanced market. Thus, a surplus is produced.
When the government imposes a necessary price on an item or group of goods at a price higher than equilibrium, some report the price as a binding price floor.
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Compare the attestation services provided by independent professionals with other assurance services provided by CPAs. Next, discuss at least two (2) goals of each service and how the service contributes to decreasing the risk of reporting errors or misstatements in financial statements. Provide the underlying principles supporting your response.
Independent professionals such as Certified Public Accountants or CPAs provide attestation services known as assurance services.
These services include audits, reviews along with e agreed-upon procedures engagements. Audits are known to be the most understanding type of attestation service, which provides an independent analysis of a company's financial statements and are carried out in accordance with Generally Accepted Auditing Standards(GAAS). The aim of an audit is to lay an opinion on the justification of the financial statements which leads to lowering the risk of reporting mistakes by guaranteeing a huge level of trust in financial statements.
Reviews are known to be less in-depth than audits and provide finite resources on financial statements.
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TRUE OR FALSE it is important for project managers to understand that every cost estimate is unique.
Answer:
True
Explanation:
It is important for project managers to understand that every cost estimate is unique. Determining the budget involves allocating the project cost estimate to individual work items over time. The project management plan and project funding requirements are inputs of the process of controlling costs.
What is 5x in stock?
5x in stock refers to a quantity of the item being sold. For example, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.
Therefore, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.
A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. In order to raise money to run their businesses, corporations issue stock. The two primary stock categories are common and preferred.
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What type of type of resource biotic and abiotic and renewable and non-renewable resources are?
Biotic resources are living or once-living organisms, such as plants, animals, and microorganisms.
What is Biotic?Biotic refers to any living organism or part of an organism. This includes plants, animals, fungi, and microorganisms. Biotic components form the basis of all ecosystems and are essential for the maintenance of life on Earth. Biotic organisms interact with each other and with the physical environment, forming complex networks of energy and nutrients. These networks form food webs, in which organisms consume and are consumed by other organisms, while also providing a range of services to the environment, such as nutrient cycling and climate regulation.
Abiotic resources are non-living resources, such as air, water, and minerals. Renewable resources are resources that can be replenished naturally, such as solar energy, wind energy, and water. Non-renewable resources are resources that cannot be replenished, such as fossil fuels and minerals.
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Assume the following data for Cable Corporation and Multi-Media Inc.
Cable Corporation:
Net income- $35,800
Sales- 346,000
Total assets- 449,000
Total debt- 201,000
Stockholders equity- 248,000
Multi- Media Inc.
Net Income- $128,000
Sales- 2,700,000
Total assets- 929,000
Total debt- 523,000
Stockholders equity- 406,000
-------------------------------------------------------------------------------------------------------------------
A) Question: Compute return on stockholders equity for both firms.
B) Compute the following additional ratios for both firms.
a. Net income/sales
b. Net income/total
c. Sales/total assets
d. Debt/total assets
Cable Corporation has a net income of $35,800, sales of $346,000, total assets of $449,000, total debt of $201,000 and stockholders equity of $248,000.
Multi-Media Inc. has a net income of $128,000, sales of $2,700,000, total assets of $929,000, total debt of $523,000 and stockholders equity of $406,000.
What is net income?Sales are computed as sales less the cost of goods sold, selling, general and administrative costs, operating costs, depreciation, interest, taxes, and other costs.Net income (NI), often known as net earnings, is the difference between these two figures.Investors might use this figure to gauge the extent to which an organization's revenue outpaces its costs. It can be observed that Multi-Media Inc. has a higher net income and sales compared to Cable Corporation, indicating that it is a larger and more profitable company. Multi-Media Inc. also has higher total assets and debt, but lower stockholder's equity compared to Cable Corporation.It can also be observed that Multi-Media Inc has a higher leverage ratio, which is a measure of a company's financial leverage calculated as total liabilities divided by total assets.To learn more about net income from the given link
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What determines the price of goods in a free enterprise system?
When an economy uses free enterprise or the free market, prices, goods, and services are set by the market rather than by the government. Government regulation of businesses and services is absent.
In the mercantile system, the government decides on the economic policies to enforce the nation's growth. In a free market when the market controls itself, free business and supply and demand are not about governmental control. In contrast to economics, representative democracy is a type of governance.
Price in a market economy, where businesses are free to enter and leave, is decided by the supply and demand for products and services. In this situation, the government serves as a regulator rather than a direct participant in the market, and it is responsible for preserving the conditions necessary for businesses to grow and compete on the market on the basis of pricing. Consumers profit as a result. The government makes some economic decisions to benefit the economy, such as making sure there is no agreement, but production decisions are left entirely up to the firms, free from government interference.
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Jacob just signed a lease for his brokerage firm. The lease agreement includes taxes as part of the base rent. What kind of lease did he sign?
The type of lease that Jacob just signed is a Gross Lease. A gross lease is when the landlord agrees to pay all expenses associated with the property, such as taxes, insurance and maintenance.
In exchange, the tenant agrees to pay an agreed rent each month to cover all these expenses. This type of lease is attractive to tenants because it provides consistent and predictable rent payments over the term of the lease. It is also attractive to landlords as it provides them with a set amount of income each month regardless of the expenses associated with the property. All in all, Gross Lease is an attractive option for both landlords and tenants.
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________ are stocks and bonds representing secured or asset-based claims by investors against issuers.
C. Private placements are stocks and bonds representing secured or asset-based claims by investors against issuers.
A select number of buyers are only offered and sold firm shares through a private placement. Banks, pension funds, mutual funds, insurance firms, and extremely affluent investors are frequently the buyers. Under the Securities and Exchange Act of 1933, private placements in the United States are directly governed by SEC regulations.
______ are stocks and bonds representing secured or asset-based claims by investors against issuers.
A. Commodities
B. Securities
C. Private placements
D. IPOs
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Pool Manufacturing manufactures parts for one type of pool. The managerial accountant provided the following data for April: Pool Manufacturing Manufacturing Report for April Number of parts produced 40,000 parts Standard variable manufacturing overhead rate $35 per machine hour Standard hours required per part 0.10 machine hours Actual machine hours 3,250 machine hours Actual variable manufacturing overhead costs $104,000 What is the variable manufacturing overhead efficiency variance in April
Actual manufacturing variable overhead is $102,000. and The variance in variable costs is $178,000
Here 40,000 parts were made in total.
$35 per machine hour is the standard variable manufacturing overhead rate.
Each standard part requires 0.20 machine hours.
3,250 machine hours were really used.
Actual manufacturing variable overhead expenses equal $102,000.
40000 components produced in an average hour equals 0.2 x 40000.
= 8000 hours
35 8000 is the standard variable manufacturing overhead.
= $280,000
The real variable manufacturing overhead expenses for the production of the pool pieces in April were $102,000.
Actual manufacturing variable cost less standard manufacturing variable cost equals variable cost variation.
102000 minus 280000 is the variable cost with variance.
= -178,000
The variance in variable cost is $-178,000.
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Correct Question:
Pool Manufacturing manufactures parts for one type of pool. The managerial accountant provided the following data for April: Pool Manufacturing. Manufacturing Report for April Number of parts produced 40,000 parts Standard variable manufacturing overhead rate$35 per machine hour Standard hours required per part 0.20 machine hours Actual machine hours 3,250 machine hours Actual variable manufacturing overhead costs $102,000. What are the actual variable manufacturing overhead costs in April associated with the manufacturing the pool parts? The actual costs in April associated with the manufacturing the pool parts = $102,000.The costs are given to you in the information in the problem.
Which one of the following lists dividend events in the correct chronological order from earliest to latest?
A.
date of record, declaration date, ex-dividend date
B.
date of record, ex-dividend date, declaration date
C.
declaration date, date of record, ex-dividend date
D.
declaration date, ex-dividend date, date of record
The correct answer is C, i.e., declaration date, date of record, and ex-dividend date. Included in this report are the protestation date,ex-dividend date, record date and payment date in that time order.
The ex-dividend date is earlier than the record date because there's an agreement period for exchange stock trades. The ex-dividend date for stocks is generally set one business day before the record date.
However, you won't admit the coming tip payment, If you buy a stock on an its-dividend date or after. Rather, the dealer gets the dividend. However, you get the tip, If you buy before the-dividend date.
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Unfortunately, you only have a few hours after work to do whatever you want this weekend. You would enjoy hanging out with friends at a concert they want to see, but you are not a fan of the band. You enjoy doing well in school and usually enjoy your studies, and so would rather study than go to the concert. There is a movie coming out this weekend that you would prefer to see instead of studying. What are the benefits and opportunity costs of these activities
Having fun, missing movies, achieving higher marks, Having fun and achieving higher grades . Better grades, missing the movie and the concert
Which country has the absolute advantage in producing dates?Therefore, Mali has a clear advantage when it comes to manufacturing dates. The capacity for growing grains per farmer is equal across the two nations. As a result, neither nation has a distinct edge in terms of grain production. The expense of the rejected option is known as the opportunity cost.
You can express electronics prices in terms of food units. The range of electronics costs where trade could benefit both nations is Price must be greater than 2 food units but less than 4 food units. International trade is a decision made by two nations that benefits both of them in the long run. A nation can consume a combination of items that is beyond its original production potential frontier through specialisation and trade.
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Why is the US a mixed economy?
The USA is considered a mixed economy because it combines aspects of a market economy, where prices and production of goods and services are determined by supply and demand in a free market.
What is a mixed economy?And a command economy, where the government plays a significant role in directing the economy through regulation and the provision of goods and services, the United States is regarded as having a mixed economy. The USA is considered a mixed economy because it combines aspects of a market economy, where prices and production of goods and services are determined by supply and demand in a free market. These two economic systems work together to make it possible for the US economy to be adaptable and responsive to changes in the market while also offering citizens a safety net and protection through government laws and programs.To learn more about mixed economy from the given link
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What is the biggest difference between a market economy and a command economy?
In a command economy, the production factors are owned by the government, and it sets the prices and production schedules. A free market bases price determination on supply and demand.
What role does command economy play?Command economies, in which the government sets prices and output levels, provide several benefits, such as minimal or no unemployment, quick decision-making, equality among citizens, and an emphasis on the worker rather than profits. In a command economy, the government is in charge of the system. A mixed economy is one where the government controls some aspects while a free market economy, which has no government interference and is primarily governed by the law of supply and demand, controls other aspects. A mixed economy allows for private production participation, which in turn promotes healthy competition with the potential for profit. Additionally, it supports public ownership of the manufacturing sector, which can help with social welfare demands.
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Emily has not paid her credit card in several months. The creditor is most
likely to respond by:
OA. reducing Emily's interest rate.
B. suspending Emily's credit card.
C. garnishing Emily's wages.
D. repossessing Emily's car.
Answer:B
Explanation: Im jus cool