Due to information overload in the early 2000s, laws requiring banks and mortgage brokers failed to prevent Americans from entering into irresponsible mortgage agreements.
What do you mean by mortgage?
A mortgage refers to the process of giving something up as a guarantee or collateral against a loan. A person may encounter a term when seeking a secure loan.
Thus, due to information overload in the early 2000s, laws requiring banks and mortgage brokers failed to prevent Americans from entering into irresponsible mortgage agreements.
Learn more about Mortgage here:
https://brainly.com/question/1318711
#SPJ1
Rasheed works for Company A, earning $421,000 in salary during 2021. Assuming he is single and has no other sources of income, what amount of FICA tax will Rasheed pay for the year
Based on 2021 FICA tax rates, the amount of FICA taxes that Rasheed will pay in 2021 is $16,947.60.
What are Rasheed's FICA taxes?He will pay 6.2% for Social Security on the first $148,800:
= 6.2% x 142,800
= $8,853.60
He will also pay 1.45% for Medicare:
= 1.45% x 421,000
= $6,105
He will pay 0.9% for all amounts above $200,000 for Medicare Surtax:
= 0.9% x (421,000 - 200,000)
= $1,989
Total is:
= 1,989 + 6,105 + 8,853.60
= $16,947.60
Find out more on FICA taxes at https://brainly.com/question/1154643.
An investor who goes short in a futures contract will _____ any increase in value of the underlying asset and will _____ any decrease in value in the underlying asset. Multiple Choice pay; pay pay; receive receive; pay receive; receive
An investor who goes short in a futures contract will pay any increase in value of the underlying asset and will receive any decrease in value in the underlying asset
Who is an investor?An investor is an individual who has invested certain amount of money in a business, firm or organization.
There is an agreement on the amount invested and how profit will be shared in the business.
Therefore, an investor who goes short in a futures contract will pay any increase in value of the underlying asset and will receive any decrease in value in the underlying asset.
Learn more on investor here
https://brainly.com/question/24868116
#SPJ1
The firm will pay the dividend to all shareholders of record on a specific date, set by the board, called the ________ date.
Answer:
organisation mineral resources
When Janet sends out an e-mail to her subordinates reminding them that the offices will be closed for the upcoming holiday weekend and wishes them all a good time with their friends and family, it is an example of ________ communication.
The fact that Janet sent out an e-mail to her subordinates to remind them of the office closure would make this an example of a One-way communication.
What is a one-way communication?This is a communication where the sender of the message does not expect a response to their message.
Janet sent an e-mail reminding her subordinates that there would be an office closure but did not ask for a response to her message. This was therefore a one-way communication.
Find out more on one-way communication at https://brainly.com/question/13362120.
A contractionary monetary policy combined with an expansionary fiscal policy will:.
If fiscal policy is expansionary and monetary policy is contractionary, interest rates will almost certainly rise because both measures serve to raise interest rates.
What do the terms Monetary Policy and Fiscal Policy mean?The Monetary policy regulates the amount of money available in an economy as well as the channels by which new money is provided. A central bank's goal in controlling the money supply is to impact macroeconomic factors such as inflation, consumption rate, economic growth, and general liquidity.
Fiscal policy is the process through which a government modifies its spending levels and tax rates in order to monitor and impact the economy of a country. It is a monetary policy strategy in which a central bank controls a country's money supply. These two policies, in various combinations, are used to direct a country's economic goals.
Learn more about Monetary policy refer to the link:
https://brainly.com/question/17101607
#SPJ1
Suppose the market for money, drawn with the value of money on the vertical axis and the quantity of money on the horizontal axis , is in equilibrium. If the money supply increases, then at the old value of money there is an
If the money supply increases, then at the old value of money there is an excess supply of money that will result in an increase in spending. The entire amount of money in circulation in an economy at any given time is referred to as the money market.
What is money market?The money market is defined as dealing in debt with a maturity of less than one year. Investors use it to make a modest profit.
While governments and corporations use it to keep their cash flow constant. Long-term debt and equity instruments are sold and bought on the capital market.
Thus, excess supply of money that will result in an increase in spending.
For more details about money market, click here
https://brainly.com/question/22935024
#SPJ1
You see a pair of jeans on sale for 10% off the regular price of $50. You have a credit card with a 13% interest
rate. If you buy the jeans today with the credit card and pay them off after two months, are
you paying more or less than the regular $50 price for them? Please explain your decision
The person will pay more than the regular $50, he will pay $50.85 for the jeans that he brought for the with the credit card.
What is credit card?A credit card is a payment card that is issued to users to inform them of their need to pay a merchant for goods and services based on their outstanding debt.
The rebate of 55 days are given to the credit card holder for the repayment of money that he purchased with the help of credit card.
In the given case, the customer will pay $45 for purchasing the shoes of $50, with the help of credit card. He makes the payment of $45 by the credit card.
He will incur the interest at the rate of 13% on the regular price of $50, because the limit of 55 days is crossed.
[tex]\$45 \times 13\% = 50.85[/tex]
Therefore, the person will pay more from the regular price of $50.
Learn more about the credit card, refer to:
https://brainly.com/question/27350251
#SPJ1
As the technology manager for your firm, you have been tasked with identifying options for cloud-based software and hardware that will be hosted by an external vendor. In addition, the firm wants control over the operating system, underlying applications, and some of the software packages. Based on these specifications, you will be evaluating _____.
Based on making specifications, on identifying options for cloud-based software and hardware, you will be evaluating Cloud computing.
What is Cloud computing?Cloud computing serves as the process involving delivering of hosted services over the internet.
Therefore, Cloud computing involves making different services through the Internets, such as data storage.
learn more about Cloud computing at;
https://brainly.com/question/16397886
#SPJ1
Calculate the total return for each fund. Take the ending value divided by 1,000 (the beginning value), subtract 1, and multiply by 100. What are your investment returns for your money market fund and your stock fund
The total return for each fund is calculated as follows:
Money Market Fund Stock Fund
Total return 35% 25%.
What is the total return?The total return can be computed using the given formula.
It can also be computed as the dollar returns divided by the beginning value (investment cost), multiplied by 100.
Question Completion with Calculations:Money Market Fund Stock Fund Total Fund
Beginning value $1,000 $1,000 $2,000
Ending value $1,350 $1,250 $2,600
Total return $350 $250 $600
Using the given formula, the total return for each fund is as follows:
Total return ($1,350/$1,000 - 1) x 100 ($1,250/$1,000 - 1) x 100
= 35% 25% 30%
Thus, the total return for each fund is 35% for the Money Market Fund and 25% for the Stock Fund.
Learn more about computing returns at https://brainly.com/question/15726451
#SP J1
According to the phillips curve, policymakers would reduce inflation but raise unemployment if they.
Answer:
decreased the money supply
Explanation:
The ________ of an ad is defined as the average number of times a person must see or hear a message before it is truly received.
An effective frequency of an ad means the average number of times a person must receive a message before it is truly received.
What is an effective frequency?It means the number of times that a consumer must be exposed to an advert before the optimization of their likelihood of completing whatever the desired action is will be possibie.
In conclusion, these measures is serves a necessary tactic to drive customers' exposure to a message, product, or service
Read more about effective frequency
brainly.com/question/15462848
Assume you invested $5,000 in a mutual fund that earns 6% compounded annually on December 1, 2018. The balance in your account on December 1, 2023 will be $
The balance in your account on December 1, 2023 of the mutual fund account will be $6691.
How to calculate the mutual fund?From the information given, the person invested $5,000 in a mutual fund that earns 6% compounded annually on December 1, 2018.
The amount in the account by the date will be:
= 5000 × ( 1 + 6%)^5
= 6691
In conclusion, the correct option is $6691.
Learn more about mutual fund on:
https://brainly.com/question/4084772
#SPJ1
A high-end jewelry designer creates several different brands of jewelry for women of different ages and tastes. To gain the greatest exposure to her potential customers on social media, her SMIS should be designed to use the platforms that
For a high-end jewelry designer to gain exposure to her potential customers she should use social media that have the highest reach of woman that uses Jewelry.
What is social media?Social media are platforms that allows for interaction among individuals, this is done online through internet facilities and it allows to reach wide range of audience.
It allows for sales and marketing of different products.
Therefore, For a high-end jewelry designer to gain the greatest exposure to her potential customers she should use social media that have the highest reach of woman that uses Jewelry.
learn more on social media here,
https://brainly.com/question/3653791
#SPJ1
An additional cost from selecting a certain course of action is a(n): Multiple Choice Sunk cost. Period cost. Pocket cost. Discount cost. Incremental cost.
Answer:
Incremental cost.
Explanation:
Hope that helps!!
Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2021, she sells the following long-term assets used in her business: Asset Sales Price Cost Accumulated Depreciation Building $ 232,800 $ 202,800 $ 54,800 Equipment 82,800 150,800 25,800 Lily's taxable income before these transactions is $193,300. What are Lily's taxable income and tax liability for the year
Lily’s taxable income for the year is $235,900, and her tax liability for the year is $45,152.50.
Calculation of taxable income and tax liabilityNote: See the attached photo for the proper arrangement of the table in the question.
These can be calculated as follows:
Profit on building = Sales price of building – (Cost of building – Accumulated Depreciation of building) = $232,800 – ($202,800 - $54,800) = $84,800
Loss on equipment = (Cost of equipment – Accumulated Depreciation of equipment) - Sales price of equipment –= ($150,800 - $25,800) - $82,800 = $42,200
Net profit = Profit on building - Loss on equipment = $84,800 - $42,200 = $42,600
Taxable income before transaction = $193,300
Total taxable income = Taxable income before transaction + Net profit = $193,300 + $42,600 = $235,900
In line with the tax rules, we have:
Tax Liability = ((Taxable income before transaction - $85,650) * 28%) + ((17,442 + Net profit) *25%) = (($193,300 - $85,650) * 28%) + (($17,442 + $42,600) *25%) = $45,152.50
Learn more about taxable income here: https://brainly.com/question/17961582.
#SPJ1
Chang Industries has already spent $230,000 to produce tables. Those tables can be sold as is for $442,000. Alternatively, the tables can be processed further by finishing them with a stain for an additional cost of $150,000. The stained tables can be sold for $620,000. Chang should:
Incremental revenue is often compared to production costs. The stained tables can be sold for $178,000.
What is incremental revenue?Incremental revenue is the profit that a business earns through rising sales.
It can be used to determine the additional revenue generated by a particular product, investment, or direct sale from a marketing campaign when sales value has grown.
As per the information,
the tables could be sold for $442,000 and after additional processing the tables can be sold for $620,000. The incremental revenue is equal to $620,000 - $442,000 = $178,000
Therefore,The stained tables can be sold for $178,000.
Learn more about incremental revenue here:
https://brainly.com/question/1446002
#SPJ1
The benefit of a mutual fund for investors is that.
Answer: investing in mutual funds is diversification
Explanation:hope this helps :3 Please mark me brainliest
If reserves increase by $8 billion, what is the difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent compared to when it is 10 percent
The difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent is $16 billion.
Difference in the resulting change
Using this formula
Difference in the resulting change=(Increase in reserve/required reserved ratio of 10%)-(Increase in reserve/required reserved ratio of 12.5%)
Let plug in the formula
Difference in the resulting change=($8 billion/0.10)-($8 billion/0.125)
Difference in the resulting change =$80 billion-$64 billion
Difference in the resulting change=$16 billion
Therefore the difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent is $16 billion.
Learn more about Difference in the resulting change here:https://brainly.com/question/18881247
If the government reduces some of the national debt and as a result households have more money to spend, this can result in: Group of answer choices Crowding in. Fiscal crowding. External debt. Deficit spending.
If the government reduces some of the national debt and as a result households have more money to spend, this can result in crowding in.
What is crowding in?
Crowding in is when an increase in government spending increases the amount of money in the economy. This increases the money that households can spend and it also increases the level of investment spending in the economy.
Business firms sometimes refer to social media as ________ media.
Business firms sometimes refer to social media as consumer generated media.
What is social media?Social media is an internet-based form of communication which enhance users sharing of ideas, thoughts and information.
There are many forms of social media, like
BlogsPhoto-sharing sitesVirtual wordsHence, business firms sometimes refer to social media as consumer generated media.
Learn more about social media here : https://brainly.com/question/13909780
#SPJ1
The accounting scandals of the early 2000s led many people to question the legitimacy of.
The profits from various forms of trafficking are estimated to be _____ annually.
Answer:
The answer is $150 billion
Explanation:
The profits from various forms of trafficking are estimated to be $150 billion annually.
If you are the manager of a hotel and a person who booked a room for the week calls to cancel the reservation, you have a duty to attempt to rent the room to someone else to minimize the damages. This is known as the duty to ______ damages.
In the situation, the duty to try to rent the room to someone else to minimize the damage is known as the duty to mitigate the damage.
What is the duty to mitigate damages?Corresponds to the obligation that a person has to reduce his losses by taking reasonable actions to do so, even if the losses are not related to a personal action.
Therefore, the duty to mitigate damages helps in planning actions and strategies that reduce the consequences caused by losses to a business.
Find out more about duty to mitigate damages here:
https://brainly.com/question/14480857
#SPJ1
Decisions related to _____ are considered structured decisions at the operational management level of an organization
Answer:setting queue priorities
Explanation:
An advantage of an enterprise resource planning (ERP) system is that to implement it, an organization need not attempt to do everything at once. Group of answer choices True False
Enterprise Resource Planning systems allow an organization to avoid having to do everything at once so this is TRUE.
What does an ERP system do?It enables an organization to plan out its activities so that the organization can become more successful.
ERP takes into account, the constraints and resources of a company and for this reason, will not require that all plans are executed at once but sequentially.
Find out more on ERP at https://brainly.com/question/16341677.
Maude enters into a contract with Dr. Hibbert to provide surface materials for Dr. Hibbert's tennis courts by April 1 for a tournament to begin May 1. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is:
Answer:
okay the amount is high just know that
______ marketing is the practice of focusing on the identification and recruitment of influential people to advocate a company's products, services, and brands rather than focusing exclusively on prospective buyers.
Influencer marketing focus on the identification and recruitment of influential people to advocate a company's products and brands rather than focusing exclusively on prospective buyers.
What is marketing?Marketing involves all strategies and various processes a company or firm make use of to get a product to the end users.
It include how they advertise and distribute their product to sell.
Therefore, Influencer marketing is the practice of focusing on the identification and recruitment of influential people to advocate a company's products, services, and brands rather than focusing exclusively on prospective buyers.
Learn more on marketing here,
https://brainly.com/question/25369230
A retail outlet that focuses on one type of product category at very competitive or discount prices and often dominates the market is referred to as a __________. Group of answer choices category killer. hypermarket. department store. general merchandise store.
Retail outlet that focuses on one type of product category at very competitive or discount prices and often dominates the market is referred to as a department store
What s department store?department store is store that sells in retail with different types of goods included.
The price are often discounted became they sell in abundance.
Therefore, retail outlet that focuses on one type of product category at very competitive or discount prices and often dominates the market is referred to as a department store
#SPJ1
The window of opportunity to capitalize on an innovation is very narrow, so businesses with new ideas should:_______.
a. Develop customer-centric marketing that is enhanced with AI.
b. Move quickly so that competitors do not swoop in and pass them by.
c. Conserve their resources and hope they can survive disruptive innovation.
d. Partner with offshore suppliers to reduce labor costs
So the window for capitalizing on innovation is so small, that companies with innovative ideas should act quickly and Develop AI-assisted customer-centric marketing strategies.
Thus Option A is correct.
What is the definition of customer-centric marketing?Customer-centric marketing is a marketing approach that is focused on the needs and wants of customers. It's all about putting customers first, using a mix of insight, good judgement, and statistics about their behavior.
Being customer-centric entails more than simply recognizing the customer's significance.
It all comes down to getting to know your consumers so you can anticipate their needs, expectations, and communication choices, create better experiences, and build long-term connections. It's also easier to say than to do.
For more information about customer-centric marketing refer to the link:
https://brainly.com/question/1513160
#SPJ1
what is one key difference between payday loans and title loans?
Personal loans usually have a fixed interest rate and a predetermined payback period. The length of your loan might range from 24 to 60 months. Rates will be determined mostly by your credit score and credit history, and can range from single digits to triple digits. Fees differ depending on the lender.
Title loans are high-interest, short-term loans secured by the title of your vehicle. The amount you may borrow is determined by the car's worth, and payback terms range from 15 to 30 days. Rates can be in the tens of thousands of dollars.