all of the following are costs of inflation, except a. money neutrality. b. menu costs. c. shoe-leather costs. d. redistribution of wealth.
Answers
Inflation has five costs: menu prices, shoe-leather expenses, relative pricing fluctuation, tax distortions, and inconvenience and confusion. Hence (a) is the correct option.
Inflation has a number of negative effects, including the potential for reduced investment and slower economic growth due to volatility and uncertainty. Because many people believe it to be a serious economic issue, inflation is a subject that generates a lot of debate. Inflation can reduce an individual's savings value and shift income away from savers and towards lenders and those with assets in society.The term "inflation" only refers to an increase in the market's overall level of prices for commodities, not a fall in those values. Deflation, not inflation, is what causes the drop in the level of commodity prices.
To know more about Inflation, click here:
https://brainly.com/question/29347039
#SPJ4
Inflation, has real costs on the economy, and policymakers need to be mindful of these costs when formulating monetary policy. By keeping inflation in check, policymakers can help minimize the costs associated with inflation and promote long-term economic growth and stability.The correct answer is option (a) - money neutrality.
Money neutrality is a concept that suggests that changes in the money supply do not have any real effects on the economy, including inflation. In other words, money neutrality implies that changes in the money supply will only result in proportional changes in prices, leaving output and employment unaffected.On the other hand, menu costs, shoe-leather costs, and redistribution of wealth are all costs of inflation.
Menu costs refer to the cost that firms incur in changing their prices due to inflation, such as the costs associated with printing new menus, catalogs, and price lists. Shoe-leather costs refer to the cost that individuals incur when they reduce their money balances to avoid the inflation tax, such as the cost of time and effort spent on frequent trips to the bank or ATM. Finally, inflation also leads to the redistribution of wealth from lenders to borrowers, as inflation reduces the real value of the money borrowed, and increases the real value of the money lent.The correct answer is option (a) - money neutrality.
For more such questions on Inflation
https://brainly.com/question/28641342
#SPJ11
Related Questions
embezzlement usually involves the misappropriation of business:
Answers
Embezzlement usually involves the misappropriation of business assets by an employee.
The option (A) is correct.
Embezzlement alludes to the demonstration of misusing or taking assets or resources shared with somebody give it a second thought, particularly by a representative in a place of trust inside a business or association. This can incorporate activities, for example, controlling monetary records, making false exchanges, or diverting assets to individual records.
In Embezzlement cases, a representative unlawfully claims or redirects assets, resources, or assets that they have been endowed with, for example, organization assets, stock, or client reserves. The representative abuses these resources for individual addition or for purposes other than whatever they were planned for.
Learn more about embezzlement:
https://brainly.com/question/32366501
#SPJ4
This question is not complete, Here I am attaching the complete question:
Embezzlement usually involves the misappropriation of business:
(A) assets by an employee.
(B) Perceived opportunity.
(C) overstate receivables and understate payables.
What is a difficulty with using gold as money?
Answers
Answer:
Gold money lacks most of these: It's not very durable, is hard to transport, is easy to counterfeit and is a variable store of value
What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
Your company, ImSecure Inc., is a security investigation firm. You have been contacted by Darling Company, a producer of cardstock for greeting card companies like Hallmike and Birthday Wishes Company. Darling currently requires orders to be placed several weeks in advance of the delivery date. Orders come in through traditional channels (account reps, paper forms, etc.). Hallmike, Darling's largest client, now requires Darling to use e-commerce for order transmission and payment. Because of this new change, Darling is considering moving all of its clients to EDI for orders and payments. You advise Darling that moving to EDI for orders and payments would provide new opportunities for internal and external perpetrators to defraud the company.
Which of these would provide opportunities for internal perpetrators of e-commerce fraud?
a. SQL injections and/or cross-site scripting that crashes customer portals or publishes secret customer information to hackers b. Spoofing IP addresses to impersonate vendors in electronic funds transfers. c. The implementation of new, electronic systems d. Improperly secured software or not updating systems with critical updates from vendors
Answers
The implementation of new, electronic systems would provide opportunities for internal perpetrators of e-commerce fraud.
What is E-commerce fraud?
E-commerce fraud is a type of consumer fraud that happens on an online platform. In most instances, cybercriminals engage in these actions to steal personal information and credit card details from clients. While online shopping provides convenience, the internet's anonymity also allows fraudsters to pretend to be legitimate retailers and take advantage of customers.
In the context of Darling's business of cardstock for greeting card companies like Hallmike and Birthday Wishes Company, the implementation of new, electronic systems would provide opportunities for internal perpetrators of e-commerce fraud. This means that employees who have access to the e-commerce platform may take advantage of their power by engaging in fraud.
Cybercriminals will now have several options to exploit Darling's company with the new e-commerce method. E-commerce fraud is also known as cybercrime, and it affects the global economy by billions of dollars.
To know more about perpetrators visit :
https://brainly.com/question/32749173
#SPJ11
In terms of SUPPLY, what factors have contributed to the fall in oil prices?
Answers
i am doing in interview for business opportunities around my area what questions should i ask
Answers
Answer: General questionsWhen did you start your business?Why did you decide to become a business owner?What was your mission at the start of your company?How many employees does your company have?What services or products do you offer?How do you advertise your business?
Explanation: i think it’s right
Typical queries include: When did your business begin? Why did you choose to start a business? What was the purpose of your business when it first began? How many people work for your company? What products or services do you provide? How do you promote your company?
What is an interview?An interview is a planned dialogue in which one party asks questions and the other replies. The term "interview" in everyday speech describes a private discussion between an interviewer and an interviewee.
The interviewee replies to queries by the interviewer by typically supplying information. The use of or distribution of that information to other audiences is entirely up to you.
This characteristic is evident in many different sorts of interviews; even when no one else is present during a witness interview or a job interview, the answers will be made available to others later on in the hiring or investigating process. Information can be exchanged in both directions during an interview.
Learn more about interview, from:
brainly.com/question/15128068
#SPJ2
From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months will it take you to save enough money to buy your North Face jacket.
Answers
Answer:4
Explanation:The total in 4 months would equal 360
4 months will it take you to save enough money to buy your North Face jacket.
Saving per month based problem;What information do we have?
Amount save per paycheck = $45
Amount of jacket = 350 (Missing data)
Amount save per month = 2 × Amount save per paycheck
Amount save per month = 2 × 45
Amount save per month = $90
Number of months need = 350 / 90
Number of months need = 3.88
Number of months need = 4 months
Find out more information about 'Paycheck'
https://brainly.com/question/13173586?referrer=searchResults
the best appeal for shopping products is a combination of , quality, and service.
Answers
The best appeal for shopping products is a combination of quality and service because customers desire reliable and durable products, accompanied by excellent customer support and assistance.
Quality and service are two crucial factors that heavily influence customers' shopping decisions. When customers are looking to purchase a product, they want to ensure that it meets their expectations in terms of durability, reliability, and performance. High-quality products are more likely to satisfy customers' needs and provide long-lasting value.
However, quality alone is not always sufficient. Customers also value excellent service throughout their shopping experience. This includes pre-sales assistance, such as knowledgeable staff who can answer their questions and provide recommendations. Additionally, prompt and efficient customer support post-purchase is highly valued, as it helps address any issues or concerns that may arise.
By combining quality and service, businesses can create a compelling appeal for customers. Offering top-notch products that deliver on their promises, accompanied by exceptional service, ensures customer satisfaction and builds long-term loyalty. This combination establishes a positive reputation for the business and encourages customers to choose their products over competitors.
Learn more about shopping products here:
https://brainly.com/question/32537087
#SPJ11
Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answers
Answer:
A. a bar graph is the answer
The Watts Riot, which raged for six days and resulted in how much property damage? ($)
Answers
The Watts Riot, which raged for six days, resulted in approximately $40 million in property damage (in 1965 dollars).
The Watts Riot was a violent uprising that occurred in Los Angeles, California in August 1965. The riot was sparked by the arrest of a young black man by a white police officer, and it quickly escalated into six days of looting, arson, and violence.
The rioters targeted businesses and buildings in the predominantly black neighborhood of Watts, and by the time the riot was over, an estimated $40 million worth of property damage had been done. This was a devastating blow to the already struggling community, and it took years for Watts to recover from the aftermath of the riot. This figure equates to around $340 million when adjusted for inflation.
The Watts Riot was a significant event in the Civil Rights Movement, and its aftermath had a lasting impact on race relations and urban policies in the United States.
Learn more about Watts Riot:
https://brainly.com/question/2750691
#SPJ11
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answers
Answer:
Monthly
Explanation:
Under the LIFO retail method, we determine that:__________.
a) a new layer of inventory has been added during the period if the ending inventory at retail is greater than the beginning inventory at cost.
b) the ending inventory at retail is greater than the beginning inventory at retail.
c) the ending inventory at retail is less than the beginning inventory at retail.
Answers
Answer: the ending inventory at retail is greater than the beginning inventory at retail
Explanation:
In the Last-In-First-Out(LIFO) method, it is assumed that the units that are sold are the ones that were recently bought.
Under the LIFO retail method, to determine a new layer at retail, the beginning inventory at the retail will have to be deducted from the ending inventory at retail.
This means that a new layer of inventory will be added when the ending inventory at retail is greater than the beginning inventory at retail.
The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answers
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
Learn more about product labeling here:https://brainly.com/question/6049878
based on capitalization rate alone, which investment involves more risk: one with a 12% cap rate or one with a 8% cap rate?
Answers
Based on the capitalization rate alone, a 12% investment involves more risk: one with a 12% cap rate or one with an 8% cap rate.
In finance, the motive of investing is to generate a return from the invested asset. The return may additionally encompass a bonus (earnings) or a loss found out from the sale of an asset or an investment, unrealized capital appreciation (or depreciation), investment income that consists of dividends, hobby, or condominium profits, or a combination of capital gain and income. The go-lower back can also encompass forex gains or losses because of adjustments within the foreign forex expenses.
funding is the dedication of coins to purchase an asset to obtain an increase in price over a time period. investment requires a sacrifice of some present assets, inclusive of time, money, or strive. consumers commonly count on better returns from riskier investments. even as a low-chance investment is made, the go-back is likewise usually low. in addition, the immoderate hazard comes with a risk of immoderate losses.
To learn more about Investment visit here:
brainly.com/question/15353704
#SPJ4
Goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy. True of false?.
Answers
The statement 'goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy' is true.
Goals and objectives are the targets that a company or organization tries to achieve. Strategies are set in order to reach the goals and objectives of the workers of an organization.
These goals and objectives help in maintaining the wellness of work by the company. The goals and objectives set help a business determine whether the strategies applied are being executed properly or not and whether they are proving to be effective.
Based on the goals and objectives, feedback is generated based on the execution of strategies.
To learn more about goals, click here:
https://brainly.com/question/24137753
#SPJ4
as the organization of the future takes shape, hr will be the driving force for many initiatives: mapping talent to value; making the workforce
Answers
As the organization of the future takes shape, hr will be the driving force for many initiatives more diverse and inclusive; fostering a culture of continuous learning and development; leveraging technology for HR processes and analytics; and ensuring employee well-being and work-life balance.
In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders
HR will play a crucial role in aligning the organization's human capital strategy with its overall business strategy, identifying and developing talent that can drive value and innovation, and creating an agile and adaptable workforce. HR will also be responsible for creating an inclusive and diverse workplace, promoting fairness and equality, and tapping into the benefits of diverse perspectives
know more about business strategy here:
https://brainly.com/question/28561700
#SPJ11
Suppose that the least amount of goods and services that Scott will consume in a year is $40,000. Scott tends to save $0.30 o
every dollar of disposable income that he makes. Use the given line to graph Scott's consumption function for disposable
income levels between $0 and $200,000. Move each endpoint to the appropriate spot on the graph.
Answers
Answer:
Explanation:
Answer:
Explanation:
manley operates a law practice on the accrual method and calendar year. at the beginning of the year, manley's firm had an allowance for doubtful accounts with a balance of $14,700. at the end of the year, manley recorded bad debt expense of $22,000 and the balance of doubtful accounts had increased to $19,000. what is manley's deduction for bad debt expense this year?
Answers
Manley uses the accrual technique and the calendar year to run his legal firm. Manley's business had a $14,700 balance in its allowance for doubtful accounts at the start of the year.
Manley recorded a bad debt expenditure of $22,000 at the end of the year, and the total amount of dubious accounts had climbed to $19,000. We must compute the change in the allowance for doubtful accounts throughout the course of the year in order to establish Manley's deduction for bad debt expenditure this year.
By deducting the initial balance of $14,700 from the final balance of $19,000, which represents a change of $4,300, it is possible to determine the change in the allowance for doubtful accounts. The change in the allowance for doubtful accounts must be added to the bad debt expense that was tallied at the end of the year in order to determine the bad debt expense deduction.
Manley's bad debt expenditure deduction would therefore be $4,300 plus $22,000 for a total of $26,300 for the year. This sum may be used to offset other revenue received by the company, so lowering the company's total taxable income.
Learn more about revenue here:
https://brainly.com/question/30235855
#SPJ4
would anyone like a 5 star rating? you just have to comment and give me a thanks :)
Answers
what are the basic requirements to become entrepreneur?Mention them
Answers
Answer:
Most entrepreneurs start their career with a business bachelor's degree or a specific bachelor's in entrepreneurship and then nourish their skills in an MBA program. In MBA programs, students are motivated to use their creative potential as they learn to build ventures.
Explanation:
hope it will help you have a great day bye and Mark brainlist if the answer is correct
\(kai6417\)
#carry on learning
What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answers
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
Learn more about Career, here:
https://brainly.com/question/2160579
#SPJ2
All of the following are advantages to the franchisor except a. fast and selective distribution of products. b. a freeing up of capital for expansion of goods and services. c. no involvement in national advertising campaigns. d. gains from the franchisee's high motivation. e. assurance of how the outlets will be maintained and operated.
Answers
The statement that does not explains advantages to the franchisor is B:no involvement in national advertising campaigns.
The franchisor can be regarded as the original or existing business which give out its name out on a price for other business to have the right to use the name and idea. The franchisor then is responsible for continual guidance as well as support as regards general business strategies.One of the advantage of a franchisor is that they provide high motivation to the business under them.Therefore, franchisor give out their name fir a price.
Learn more at:
https://brainly.com/question/14982702?referrer=searchResults
which of the following business needs are typically supported by artificial intelligence? (choose every correct answer.)
Answers
Artificial Intelligence is a subset of computer science that aims to create intelligent machines that work and learn like humans. Below are the business needs that are typically supported by artificial intelligence:
Real-time data analysis and decision-making processes Speed and accuracy of information processing Efficient management of customer inquiries and support services Adopting self-learning, adaptive systemsCustomer segmentation and personalized marketing initiatives.
The above mentioned business needs are supported by artificial intelligence, thus the correct answer is that all the options are correct.
Learn more about artificial intelligence in business at: brainly.com/question/29791174
#SPJ11
HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
Give ONE example from each of the dimensions of the business environment of a power-generating company represented by the acronym STEEPLE.
Social.............................................................................................
Technological................................................................................
Ecological......................................................................................
Ethical............................................................................................
Political..........................................................................................
Legal..............................................................................................
Economic.......................................................................................
Answers
The STEEPLE analysis is a business management model that focuses on external environmental factors. The acronym stands for Social, Technological, Economic, Ethical, Political, Legal, and Environmental factors.
Here are the examples of the power-generating company represented by each of the dimensions of the business environment of a power-generating company represented by the acronym STEEPLE. Social: A power-generating company may have to factor in its employees' family needs. For instance, it could offer flexible working hours and promote work-life balance to cater to this need. This ensures that the employees' social lives are not compromised by their work demands. Technological: Power-generating companies must stay up to date with technological advancements to compete and provide efficient services.
The use of renewable energy sources, such as wind turbines and solar panels, has become popular due to environmental concerns. Ecological: Power-generating companies must be eco-friendly by using environmentally-friendly technology or practices. An example of an eco-friendly practice is reducing greenhouse gas emissions that contribute to climate change by using renewable energy sources. Ethical: Power-generating companies should be mindful of ethical issues in their operations. This includes avoiding harmful practices such as pollution that could affect the environment and human life. Political: Power-generating companies must follow government regulations and policies.
To know more about environmental visit:
https://brainly.com/question/24182291
#SPJ11
Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4, he was paid his regular salary of $250. The amount of OASDI taxes to withhold from Eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. None of the above. 2 points
Answers
Answer:
Amount of OASDI taxes to withhold = $35.34
Explanation:
Find:
Amount received in march = $320
Amount of salary = $250
Find:
Amount of OASDI taxes to withhold .
Computation:
OASDI tax rate = 6.2%
Total amount = Amount received in march + Amount of salary
Total amount = $320 + $250
Total amount = $570
Amount of OASDI taxes to withhold = Total amount × OASDI tax rate
Amount of OASDI taxes to withhold = $570 × 6.2%
Amount of OASDI taxes to withhold = $35.34
The interest rate banks charge their customers is known as the
rate.
A. discount
B. securities
C. prime
D. mortgage
Answers
Answer:
Prime
Explanation:
Took the quiz
Being financially responsible is no easy task for any age, but it is certainly the best choice for everyone to follow. One of the first steps to being responsible is to plan a budget for your income and spending This will help you learn to manage your money. Anyone can make a budget plan by listing all fixed expenses for the month, then determining variable expenses, and, finally, planning for miscellaneous expenses. You should know your income-to-debt ratio in order to determine how much money you actually have and how much money you actually spend. It is important to track your spending by making a list and then avoiding impulse purchases. Putting aside some money for savings for emergencies and future goals is crucial to being financially responsible
Another important goal is to use credit wisely and make all payments on time. When borrowing money, you should shop around for the best interest rates and choose wisely by reviewing all the terms and conditions of the loan or credit card. Remember to only charge and borrow what you can afford to repay, not what you are offered in a loan or credit limit. Always use discipline in your borrowing, and be committed to paying back your loans in a timely manner.
You can have control over your finances if you take the right steps. If you do get into trouble with managing your money, there are ways to take back control. There are people and resources to guide you in becoming financially responsible, even if you have made some poor decisions.
OBJECTIVES
Calculate credit card payments at various interest rates.
Identify the three Cs of creditworthiness.
Examine credit scores.
Develop plans for becoming financially responsible.
Compare renting to owning a home.
Before You Begin
Examine the Prompt
Many adults make poor choices about credit and financing. In order to understand smart choices and the results of poor choices, you will complete a research project comparing three people and their circumstances. You will identify, calculate, and project credit-card debt, payments, and mortgage rates. You will write a five hundred word essay comparing the three people, their particular circumstances, and your projected advice.
Directions
Meet Gary. He has a great credit score and little credit card debt, with only two cards and owing $2,000 on each with a 10% interest rate. He has been working at his current job for four years with a steady income.
Meet Greg. He has a good credit score and some credit card debt, with five cards owing $2,000 on each. He has reached the maximum limit on two of them, but one is late, regularly costing him additional late fees. All have a 12% interest rate. He has been working at his current job for a year.
Meet Bob. Meet Bob. He has a bad credit score and high credit-card debt, with seven cards, owing $4,000 on each. He has reached the maximum limit on five of them, but all are late each month, costing additional late fees. All have a 15% interest rate. He has had six jobs in the past two years but has been working at his current job for three months.
Part I.
Assign a credit rating number to each person.
Explain why each person has a certain credit rating.
How can each person improve or maintain that credit rating?
Estimate the monthly credit-card payments for each of these people.
How can each person become more responsible?
Write a plan of improvement for each person.
Part II.
Each person wants to buy a home. Why should each person buy and not rent? Find each one a $200,000 house to purchase, using a local real-estate listing. What would the interest rate be for each? What would the monthly mortgage payment be? Why is each a different amount?
Part III.
Summarize the results of your research, and explain why it is financially responsible to make wise choices, using these three people as examples.
Prompt
Write a five hundred word essay answering all the questions about the three scenarios. Be sure to discuss the creditworthiness of each person, as listed below.
the credit card problems and payments
the suggestions for having better credit
the mortgage and house choices for each
the final summary comparing each person's credit story
Rubric
Answers
Answer:
Jesus christ
Explanation:
That was the longest prompt ive ever read
Answer:
This is what I put
Gary: score of 650
Greg:440
Bob:220
Explanation:
To improve their credit score they would have to join a credit union , they help because they typically charge lower fees but if the credit score is too bad then even they wont help. First thing would be to pay all the bills on time.
If Gary payed off his debt in 12 months or 1 year he would have to pay a minimmum$352 a month for 12 months.
In order for Greg to pay off his he's going to have to pay 888 a month for 13 months in order to pay off his debt but then he a;;so has to pay off his late fees so probably around almost 2 years until he can start working on his credit.
Bob would probably have to pay 666 a month in his current situation for 5 years in order t pay off his debt but then he also has the late fees so maybe around 6-6.5 years until he can start building his credit.
so its best for all of them to get rid of all their credit cards but more than 2 is deadly they can work on paying stuff on time.
If they all wanted to buy a home it would be better than renting because at least they wouldn't have to pay every month for rent cost along with the debt they all already owe, but even buying a home is dangerous because if they cant buy it all at once they are in debt on paying for the house along with everything else they are in debt for.
They chose not to pay for everything they were in debt for already at the time the bills were due and because of that its going to cost more than before because the longer you wait the more you will owe, all because they hold off on their payments. hence why it's deadly because again the longer they wait the more money they have to give, leaving them in bad debt and no money to help pay their fees and bills.
what are the advantages and disadvantages of having business partner in a sole proprietorship business
Answers
Answer:
Advantages of having a business partner in a sole proprietorship business:
Shared responsibility: A business partner can share the responsibility of managing and operating the business, which can help reduce the workload for the sole proprietor.Shared risk: By having a business partner, the sole proprietor can share the risks associated with running the business, which can help reduce financial and personal risk.Access to more resources: With a business partner, the sole proprietor can access more resources, such as capital, skills, and expertise, which can help the business grow and expand.Disadvantages of having a business partner in a sole proprietorship business:
Shared decision-making: With a business partner, the sole proprietor must share decision-making authority, which can lead to disagreements and conflicts.Shared profits: A business partner is entitled to a share of the profits, which can reduce the sole proprietor's income.Liability for partner's actions: In a partnership, each partner is jointly and severally liable for the actions of the other partners, which means that a sole proprietor may be liable for the actions of their business partner.Risk of partnership dissolution: A business partnership may dissolve if one partner wants to leave, retire or dies, which can have a negative impact on the business.Overall, while having a business partner in a sole proprietorship can bring benefits such as shared responsibility, shared risk and access to more resources, it also involves shared decision-making, shared profits, liability for partner's actions and the risk of partnership dissolution. It is important to carefully consider these factors before entering into a partnership to ensure that the benefits outweigh the potential drawbacks.
what is the field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation?
Answers
The field of management that focuses on attaining a competitive advantage by combining analysis, formulation, and implementation is strategic management.
A firm must continually plan, monitor, analyze, and work to accomplish the tasks of a business in order to achieve its goals and objectives. This type of management is known as strategic management. Developing a strategy, putting it into action, and evaluating it are the three steps of strategic management. goal-setting and analysis are other phases.
Analysis, formulation, and implementation are all used to create a competitive advantage through strategic management. To achieve a competitive advantage, it is necessary for the firm to continuously adjust to the shifting external business environment and match its internal strengths and capabilities by fluidly channelling resources and competencies.
Read more about strategic management on:
https://brainly.com/question/24845876
#SPJ4