Explanation:
The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital and they then use this capital to invest in their future.
Answer:
The savings-borrowing-investing cycle starts with borrowing for most people. People borrow money to initially pay for goods and services. Next, people can start investing money for future needs and wants. Investing will usually get the person more money later on. Finally, the person can save some money and spend the rest of their income.
What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
[tex]= \frac{Future \ value}{(1+r)^n}\\\\[/tex]
that's why "Option D" is correct.
Which of the following is true with respect to the auditors' report on summary financial statements?
A) Auditors can only issue a report on summary financial statements if they have expressed an unmodified opinion on the full financial statements.
B) The report will indicate whether the summary financial statements are fairly stated in relation to the full financial statements.
C) The report will express negative assurance on whether the summary financial statements are prepared in accordance with AICPA presentation guidelines.
D) The report will express an opinion on whether the summary financial statements present the financial condition, results of operations, and cash flows in accordance with generally accepted accounting principles.
Answer:
D) The report will express an opinion on whether the summary financial statements present the financial condition, results of operations, and cash flows in accordance with generally accepted accounting principles.
Explanation:
The only statement which is true is that which states : The report will express an opinion on whether the summary financial statements present the financial condition, results of operations, and cash flows in accordance with generally accepted accounting principles.
Which of the following is a fixed cost for a company that sells greeting cards online and mails the printed cards to customers?
Answer:
D
Explanation:
A. The paper and glue to make the cards B. Hourly workers who assemble and ship the cards C. Packaging and shipping costs D. A paper cutting machine
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
In the heading of a cover letter, which of the following formats should be used for the date?
A.
11/10/15
B.
Nov. 10, 2015
C.
November 10, 2015
D.
11.10.15
Answer:
C.
November 10, 2015
Explanation:
The consumer decision making process is comprised of these five steps: Need recognition, Environmental Scanning, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Postpurchase behavior Need recognition, Information Search, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Cognitive dissonance Need recognition, Information Search, Cognitive Dissonance, Purchase, Postpurchase behavior
Answer:
need recognition, information search, evaluation of alternatives, purchase, and post purchase behavior
Explanation:
In simple words, A consumer refers to an individual who acquire a resource in exchange of money or some other resource, to satisfy his or her needs.
The customer decision-making process involves consumers becoming aware of and identifying their interests, gathering input about how to better meet those needs, weighing alternative possible choices, making a buying judgment as well as evaluating their investment.
Use the following information to answer this question. Kim decides to quit her old job that paid $1,000 a month to open a flower shop in downtown Lexington. Suppose she opens her shop in a building she owns, which she could be renting out to someone else for $1,000 a month. In addition, A to Z Rental required her to sign a one year lease on the coolers needed for her shop and the rent is $200 a month. Hiring three assistants costs her $1,800 a month. Finally, the flowers, vases and other material needed for making flower arrangements average $5,000 a month.
Kim’s long run fixed costs are:
$ __________ per month
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follows,
Fixed costs are linked with fixed inputs, which do not fluctuate and remain constant in the short term.
The long run is a time during which all of the inputs are transformed into variables cost.
Hence, in long run, Kim's fixed cost will be $0.
ILL MARK BRAINLLEST AWNSER ALL 9
1 What is a safe deposit box? What financial records are best kept in one?
2 What are liquid assets? What are non-liquid assets? What are some examples of each?
3 What are liabilities? Describe two different types of liabilities.
4 What is net worth?
5 What is budget variance?
Critical Thinking Questions
6 Why are financial records important? How does keeping organized financial records contribute to successful money management?
7. Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?
8. What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own money management?
9. What are the pros and cons of using the different types of budget systems? Which one do you prefer?
Answer:
Explanation:
1.A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions
2. he most common examples of non-liquid assets are equipment, real estate, vehicles, art, and collectibles. Ownership in non-publicly traded businesses could also be considered non-liquid. With these kinds of assets, the time to cash conversion is difficult to predict.
3. Current liabilities (short-term liabilities) are liabilities that are due and payable within one year. Non-current liabilities (long-term liabilities) are liabilities that are due after a year or more. Contingent liabilities are liabilities that may or may not arise, depending on a certain event.
4. it is a persons total worth.
5.Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost. Favourable or positive budget variance occurs when: Actual revenue is higher than the budgeted revenue. Actual expenses are lower than the budgeted expenses.
6.Managing daily business activities such as paying bills. In order to best manage your money and responsibilities, you need to know what you owe, who you owe it to, and when you need to pay it.
7.Cash flow statements are useful in managing money because it helps you keep track of your financial record of income expenditures for a particular period of time.
8. well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses.
9.Mental budget:
PRO ⇒ easiest possible way of making a budget,
CON ⇒ isn't very accurate.
Physical budget:
PRO ⇒ quite simply, just place money on envelopes according to what things you should pay with them,
CON ⇒ cannot keep a exact record.
Write down the budget:
PRO ⇒ write down the budget on a notebook or an excel spreadsheet, writing down the budget helps to stick with it.
CON ⇒ you need to permanently check and adjust your budget.
Accounting or Financial software:
PRO ⇒ use software (e.g. Quicken) to help you create a budget that includes tax records and bank accounts.
CON ⇒ it is more complicated and you need to pay for the software.
which of these is the best example of psychological pricing
a.$19.99
b.$20
c.$55
d.$50.00
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Actually Welcome to the concept of Psychology.
Psychological pricing refers to the type of price which can make any customer think that the price is less, but in truth they count the same amount with a negligible difference from the original price.
Here the best example is,
A.) $19.99
here it refers as people are spending less money than $20 ,but in real there is negligible difference in both them hence, it is a psychological pricing.
The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The best example of psychological pricing is $19.99. Option (a) is correct.
What do you mean by Pricing?Pricing is the process of determining the value that a manufacturer will receive in exchange for their goods and services.
The psychological cost to the consumer is $19, not $20, if a product's price is $19.99 rather than $20. Therefore, $19.99 is a cheaper price than $20 for consumers. This tactic may help the product in the market sell more.
The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The objective is to satisfy a customer's psychological need, whether that need is to save money, invest in the best product, or receive a "good deal."
Therefore, Option (a) is correct. The best example of psychological pricing is $19.99.
Learn more about Pricing, here;
https://brainly.com/question/20703640
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What information does not affect whether a credit card company will give you a card? O A. How many credit cards you already have O B. How much debt you have O C. Your payment history D. Which companies you have credit cards from already SUBMIT
Answer:
D. Which companies you have credit cards from already.
Please Give Brainliest
True or false. The minimum hourly wage for covered workers is established under th authority of OSHA
The answer is false
OSHA standards only cover the workers safety and protect them from hazards
how does Globalization affect the wealth gap?
Explanation:
Globalization may not be the sole driver of global income inequality. ... A common narrative frames globalization as the cause of inequality: by shifting low-skilled jobs from wealthier countries to poorer countries, economic integration has increased inequality within countries while lowering inequality between them.
Please mark as brainliest...Thank you
You are a network administrator for your company. A user calls and tells you that after stepping on the network cable in her office, that she can no longer access the network.
You go tot he office and see that one of the user's stiletto heels has broken and exposed some of the wires in the Cat 5 network cable. You make another cable and attach it from the wall plate to the user's computer.
What should you do next in your troubleshooting strategy?
- Establish what has changed.
- Recognize the potential effects of the solution.
- Document the solution.
- Test the solution.
Answer: Test the solution
Explanation:
Since the user called and said that she can no longer access the network after she steeped on the network cable, and another cable was made and attached from the wall plate to the user's computer, the next thing that should be done is to test the solution.
The solution should be tested in order to be sure that the solution that was provided worked. After this has been done, then documenting he solution and recognizing the effects can be done.
Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item
Answer:
the market will have established a general value for that sort of item
Explanation:
If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of
So according to the given situation, the last option is correct
And, the rest of the options does not represent the given case
points strictly for jayteedxn
Oh I am really sorry......1 chance is left anyways.... ;)
Follow me ♡
Answer:
Got it
Explanation:
What action can you take to provide the most help to a team that has worked together for more than a year and is familiar with the project work
Answer: Aim should be reemphasized regularly, deadlines set and there should be a reward system.
Explanation:
Over familiarity breeds negligence or lost of steam or enthusiasm in a project. They are things that should be put into place to avoid being to familiar with projects and sleep on them;
- The aim and objective for which the was started should be reemphasized daily or weekly, this would help the team have it in mind that they would need to be on their best
- Deadline should be sets for smaller aspect of the project. The project should be split into phase and deadlines set to meet up each phase
- There should be a reward system. This strengthens the team to do more and make the team know that their value and input is well appreciated
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 9,188. The FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,524.57. Her net pay for the month is:______ (Round your intermediate calculations to two decimal places.)
Answer:
$6,960.54
Explanation:
Gross payment = $9,188
Social security tax = 6.2% × $9,188 = $569.66
Medicare tax = 1.45% × $9,188 = $133.23
Federal income tax = $1,524.57
So, Net Pay = Gross Payment - Federal Income Tax- Social security Tax -Medicare Tax
By putting the value, we get
= $9,188 - $1,524.57 - $569.66 - $133.23
= $6,960.54
Which of the following would be the best place to discuss your interests or extracurricular activities?
A. Internship
B. Cover letter
C. Résumé
D. Thank you letter
Answer:
B. A cover letter
Explanation:
An internship is a student working in an organization, a cover letter (which is the right answer) can state your interests or extracurricular activities to show your interest in taking the job, a resume is for your past job experiences and a thank you letter is... a thank you letter-
Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.
The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates
a cause.
minor consequences.
a tradeoff.
unexpected risk.
Answer: a trade off
Explanation:
A trade-off (or tradeoff) is regarded as a situational decision which occurs when one loses a particular thing in order to gain something else.
A trade off is regarded as a form of compromise. An increase in a particular thing brings about a decrease in something else. The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates trade-off.
Answer: is this one
a tradeoff
Explanation:
hope helps
A new supermarket is being built. The country has required the owner to designate at least eight handicap parking spaces. The county installed a sign in front of each space to indicate that it is reserved for vehicles with a proper sticker. The sign also announces a $250 fine for violators.
The intention behind the sign is to announce to the community at large that there will be a stiff penalty to pay for violating the rule. The belief is that drivers who risk a small fine by parking illegally elsewhere, such as against the curb, will not risk the large fine for parking illegally in the handicap spaces. This point of view is known as ____________.
Answer: General deterrence
Explanation:
Based on the information given, the point of view is known as general deterrence.
General deterrence is the effect of a threat regarding legal punishment on everyone in the society or the public at large. The aim of general deterrence is to send a message to the public and this is done by making them fearful of the consequences when they commit a particular crime. In this case, the fine of $250 is to make the public fearful of violation of the rule.
Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?
A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.
A.
She values a consistent focus on knowing and completing her daily tasks.Answer:
Explanation:
The fact that more than one type of economic system exists in the world today is attributable MAINLY to the fact that
(A) there are numerous countries in the world
(B) people of different countries have different religious and political
ideologies
(C) each system is modeled to cope
with a different type of economic
problem
(D) different methods can be used to solve the same economic problem
Answer:
C
Explanation:
Different economic systems were created in the past to solve different issues/problems in separate conditions from other countries
3.2.1 Give TWO examples of an advocacy campaign
Answer:
Make-A-Wish foundation
Earth hours
Explanation:
make a wish donates money and necessities
earth hours supports australian environment protection
Inflation is expected to increase steadily over the next 10 years, there is a positive maturity risk premium on both Treasury and corporate bonds, and the real risk-free rate of interest is expected to remain constant. Which of the following statements is CORRECT? A. The yield on 7-year corporate bonds must exceed the yield on 10-year Treasury bonds. B. The Treasury yield curve under the stated conditions would be humped rather than have a consistent positive or negative slope. C. The yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities D. The stated conditions cannot all be true they are internally inconsistent. E. The yield on any corporate bond must exceed the yields on all Treasury ; bonds.
Answer:
C. The yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities
Explanation:
Due to the fact that inflation would be rising steadily, the yield curve would be upward sloping. The yield curve would be humped if inflation is expected to increase the medium term and then decrease in the long term.
Due to increasing inflation, investors would want a higher rate of return in the long run compared to the short run. This would ensure that their purchasing power remains the same. Thus, the yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities
corporate bonds are more risky that treasury bonds. so, for the same maturity, investors would demand a higher return on corporate bonds than on treasury bonds
The following transactions occurred during June: June 1 Purchased two new maintenance carts on account at $750 each. Payment is due in 30 days June 8 Accepted $500 of advance payments from customers for services to be provided next month June 15 Received the utility bill for $300. Payment is due in 30 days June 20 Billed customers $1,500 services provided. Payment is due in 30 days. June 30 Received $500 from customers who were billed earlier Refer to Hesson Properties. What journal entry is required to record the collections on account from customers?a. Accounts Payable 500 Cash 500 b. Cash 500 Accounts Receivable 500 c. Service Revenue 500 Cash 500 d. Accounts Receivable 500 Service Revenue 500
Answer:
b. Cash 500 Accounts Receivable 500
Explanation:
This entry is needed for the settlement of account-based services offered to customers. As a result, we credit Accounts Receivable by $500 for payments obtained from customers that were already billed for those services.
So, Journal entry will be as follows,
Cash A/c Dr. 500
To, Accounts Receivable A/c 500
Hence, option b is the correct answer.
HELP PLZ! The price index for a certain item is at 4% inflation rate. How long will it take for the price to double?
Answer:
Time taken to double the price is 17.5 years
Explanation:
As per the rule of seventy,
Time taken for a CPI to get double is 70 divided by the rate of inflation
Substituting the given values, we get -
Time taken to double the price is 70/4 = 17.5 years
Please Help. Career Explorations
If you have $21,000 in your FDIC insured bank account and your bank goes bankrupt, you will receive
A. $5,000
B.12,000
C.21,000
D.$42,000
E.Nothing
Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments.
Answer:
Note: Question is incomplete, the full question is attached as picture below
Journal Entries - Snap Company
Date Particulars Debit Credit
1-Jan Cash Dr $92,640.00
Discount on bond payable $7,360.00
To Bond Payable $100,000.00
(To record issue of bonds)
30-Jun Interest expense Dr $5,736.00
To Cash ($100,000*10%*6/12) $5,000.00
To Discount on bond payable $736.00
(($7,360 - $6,624)
(To record semiannual interest payment and discount amortization)
31-Dec Interest expense Dr $5,736.00
To Cash ($100,000*10%*6/12) $5,000.00
To Discount on bond payable $736.00
($6,624 - $5,888)
(To record semiannual interest payment and discount amortization)
The Fed wants to fight inflation. What action should they take regarding the discount rate, the RR, or open market operations?
Answer: See explanation
Explanation:
Inflation is when there's a general increase in the price level in an economy. To tackle inflation, the Fed can increase the interest rate as this will discourage people or firms from borrowing and hence there'll be a reduction in the money supply.
Also, the Fed can sell bond to the public, thereby taking in the cash in the economy and reducing the money supply thus reducing inflation. Lastly, the Fed can also increase the reserve ratio for banks. When this is done, there'll be lesser money available in the economy.