An economy has a marginal propensity to consume of 0.5, and Y*, the income-expenditure equilibrium GDP, equals $500 billion. Given an autonomous increase in planned investment of $10 billion, answer the following questions.
a. What is the value of the multiplier? Value of the multiplier =
b. What would you expect the total change in Y* to be based on the multiplier formula? Change in Y* based on the multiplier = billion
c. What is the total change in real GDP after the 10 rounds? It may be beneficial to make a table on a separate sheet of paper to calculate the change in real GDP for each of the rounds, and then add up the values.
c. What is the total change in real GDP after the 10 rounds? It may be beneficial to make a table on a separate sheet of paper to calculate the change in real GDP for each of the rounds, and then add up the values. Total change in real GDP (10 rounds) = billion
d. How do your answers to the change in GDP and Y compare? The answer to total change in GDP after 10 rounds and the change in Y* based on the multiplier formula are
Answers
a. The value of the multiplier can be calculated using the formula: 1/(1-MPC), where MPC is the marginal propensity to consume. Given that the MPC is 0.5, the value of the multiplier is:
Value of the multiplier = 1/(1-0.5) = 1/0.5 = 2
b. The total change in Y* based on the multiplier formula can be calculated using the formula: Multiplier x Change in autonomous spending. Given that the multiplier is 2 and the autonomous increase in planned investment is $10 billion, the total change in Y* is:
Change in Y* based on the multiplier = 2 x $10 billion = $20 billion
c. The total change in real GDP after the 10 rounds can be calculated by adding up the change in real GDP for each of the rounds. In the first round, the change in real GDP is equal to the autonomous increase in planned investment, which is $10 billion. In each subsequent round, the change in real GDP is equal to the MPC times the change in real GDP in the previous round. Therefore, the total change in real GDP after the 10 rounds is:
Total change in real GDP (10 rounds) = $10 billion + ($10 billion x 0.5) + ($10 billion x 0.5 x 0.5) + ... + ($10 billion x 0.5^9) = $19.531 billion
d. The answer to total change in GDP after 10 rounds ($19.531 billion) is slightly lower than the change in Y* based on the multiplier formula ($20 billion). This is because the multiplier formula assumes that the change in real GDP in each round is equal to the MPC times the change in real GDP in the previous round, without taking into account the fact that the MPC decreases over time.
As a result, the multiplier formula overestimates the total change in real GDP after 10 rounds.
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Suppose that a portfolio management company manages an investment fund. The fund
manager observes a bond in the market and intends to add it to the fund portfolio. The
bond has a 100.000 TL par value, 10% coupon rate (coupon payments are annual) and a
6-years maturity. The business model is to “hold-to-maturity”. The company purchases
the bond at the beginning of the year when the market yields are 8%. After exactly 3
years of investment, market yields increase to 12%. What would be the profit or loss
amount in the income statement for that third year?
a) 1.427,92 TL loss
b) 1.470,06 TL profit
c) 8.529.94 TL profit
d) 10.000 TL loss
Answers
Answer: The correct answer is (a) 1.427,92 TL loss.
Explanation:
To calculate the profit or loss for the third year, we need to determine the market value of the bond at the end of the second year and compare it to the par value of 100,000 TL.
At the beginning of the investment, the bond has a coupon rate of 10% and a market yield of 8%, so its price is:
PV = (10000/1.08) + (10000/1.08^2) + (110000/1.08^3) = 104,406.40 TL
After 3 years, the market yield has increased to 12%, so the bond's price would have changed to reflect this new yield. To calculate the new price, we can discount the remaining coupon payments and the par value at the current market yield:
PV = (10000/1.12^1) + (10000/1.12^2) + (10000/1.12^3) + (100000/1.12^3) = 88,572.08 TL
The market value of the bond at the end of the second year is 88,572.08 TL, which represents a loss compared to the par value of 100,000 TL:
Loss = 100,000 - 88,572.08 = 11,427.92 TL
Therefore, the correct answer is (a) 1.427,92 TL loss.
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Assume a project with and outlay of 200, and inflows of 100 for three years, starting one year from today. Find IRR.
Answers
Answer:
Explanation:
The internal rate of return (IRR) is the discount rate that makes the net present value (NPV) of the cash flows from the project equal to zero. To find the IRR, you can use a financial calculator or spreadsheet software that has a built-in IRR function.
In this case, the initial outlay is -200 and the cash flows for the next three years are 100, 100, and 100.
The IRR can be calculated using excel formula =IRR(values,guess) where values is the range of cells containing the cash flows and guess is the estimated IRR.
Alternatively, you can use online IRR calculators as
Madeline has a credit score of 648. According to the following table, her
credit rating is considered to be which of these?
Il your FICO credit score is
Your credit rating is considered to be
750 - 850
660 - 749
620 - 659
350 - 619
Excellent
Good
Fair
Poor
A. Fair
B. Good
O
C. Excellent
D. Poor
SUMIT
Answers
Answer: Fair
Explanation:
Based on the given table, Madeline's credit score of 648 falls within the range of 620-659, which is considered as a "Fair" credit rating.Hence option A is correct.
A credit score is a numerical representation of a person's credit worthiness, and it is calculated based on various factors such as credit history, payment history, credit utilization, and length of credit history. A higher credit score is generally considered more favorable by lenders as it indicates a lower risk of defaulting on loans or credit cards.
A "Fair" credit rating suggests that Madeline may have some negative items on her credit report, such as late payments, collections, or high credit utilization. While she may still qualify for credit products, she may have to pay higher interest rates or put down a larger deposit to secure a loan or credit card.
It's essential for Madeline to continue building her credit score by making timely payments, keeping credit utilization low, and avoiding new credit applications unless necessary.
With consistent efforts, she can improve her credit score and move up to a higher credit rating, which may provide better borrowing opportunities and lower interest rates.
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What is productivity?
A. quantity of input per unit of output
B. quantity of output per unit of input
C. Quality of output per unit of input
D. quality of input per unit of output
Answers
You just took an Uber from home to campus for the first time and were willing to pay $13 for the trip. It was so much easier than driving yourself that you are willing to pay $21 for the same trip tomorrow. Determine if you have violated the law of demand based on your choices, and why or why not that is the case.
Answers
Answer:
We do not violate the law of demand based on my choices
Explanation:
We do not violate the law of demand because the preference for the product changed after i experienced the good. Law of demand is not violated as the preference / utility derived from Uber changes after one ride. Now the consumer derives more utility from Uber, so the willingness to pay also increases.
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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Husband and Wife have two children and decide to divorce. Husband later remarries. He is concerned about his new wife inheriting his estate without sufficient assets being distributed to his two children. Which of the following trusts would be most appropriate to ensure the children receive sufficient assets from Husband's estate? A) A power of appointment trust that names the new wife as the sole income beneficiary and qualifies for the marital deduction, and the children as the remainder beneficiaries B) A revocable living trust that names the new wife as the income beneficiary with a general power of appointment, and the children as the remainder beneficiaries C) A testamentary trust that names the new wife as the sole beneficiary and states that it is Husband's wish for the new wife to distribute 10% of the assets to each child upon their 25th birthdays D) A qualified terminable interest property trust (QTIP) that names the new wife as the income beneficiary and the children as the remainder beneficiaries, for which the
Answers
A power of appointment trust that names the new wife as the sole income beneficiary and qualifies for the marital deduction, and the children as the remainder beneficiaries would be most appropriate to ensure the children receive sufficient assets from Husband's estate.
Therefore, the correct answer would be option A.
Assets?For companies, assets essentially encompass everything that is within the control and ownership of the organisation and is either valuable now or has the potential to be profitable in the future. Patents, equipment, and investments are some examples.
Asset types?A resource is considered an asset if it is held or managed by a person, business, or government with the intention of reaping financial rewards. Current, non-current, physical, intangible, operating, and non-operating assets are typical asset kinds.
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Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
Answers
AI will help SpaceX reduce costs and improve the quality of the 3D printed rocket parts leading to a more effective and efficient space program.
For SpaceX's 3D printing capabilities AI can be used to enhance the printing process, improve quality control, and optimize the design of rocket parts. To identify and address potential problems during the printing process. AI can analyze large datasets of quality inspection data and sensor data.
Additionally, by analyzing material data and identifying new materials that can be used in 3D printing, AI algorithms can be used to forecast when maintenance on 3D printers is necessary. The use of AI may ultimately result in a more effective space program, lower costs and better quality 3D printed rocket parts.
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Which statement best describes what a project manager controls?
the overall choice of which work becomes a project
the overall deadline when a project is due
the overall resources allocated for a project
the delegation of responsibilities in a project
Answers
Answer:
I believe it’s the delegation of resources
Explanation:only other logical choice is delegation of responsibilities but that’s up to the boss or who assigned the project in the first place
The statement that best describes what a project manager controls is the delegation of responsibilities in a project.
Who is a project manager?A project manager refers to the person who has the responsibility of planning and executing a project.
The delegation of responsibilities in a project is the best statement that describes what is controlled by the project manager.
Therefore, D is the correct option.
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discuss five engagement-specific controls to be instituted by an audit firm to ensure quality control
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The five key engagement-specific controls that an audit firm can implement to guarantee quality control throughout an engagement include adequate planning, risk assessment, supervision, documentation, and review.
These measures are taken to ensure the review is completed as per evaluating guidelines and that the ends came to are enough upheld by the accessible information. A survey likewise assists with guaranteeing that the review was completed as per inspecting norms.
Planning aids in characterizing the review's extension, laying out client assumptions, and successfully distributing assets and time. The foundation of fitting strategies to address potential dangers connected with the client's fiscal summaries is supported by risk appraisal.
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Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A. current price
B. net change
C. open price
D. a positive or negative result for the one-year change
E. previous close price
Answers
Answer:
D. a positive or negative result for the one-year change
Explanation:
The most relevant parameter of a stock's performance is the stock's returns. If a stock has been consistent in producing good returns, the past financial year's results play a big role in determining whether to invest in its stock or not.
If Cynthia is interested in investing in Clothing Unlimited stock, she needs to look at its past performances and compare it with lay year's results. If the stock has been yielding consistent positive results, there is a big possibility that the trend will continue into the future.
Answer:
Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A.
current price
B.
net change
C.
open price
D.
positive or negative result for the one-year change
E.
previous close price
Explanation:
Question 4: The following table shows the number of cases of water each seller is willing to sell at the prices listed. Based on the table, answer the following questions Cascade Waters Dew Good Alpine Springs 10 cases 0 cases Price per case $0.00 $3.00 $6.00 $9.00 Brook Mountain O cases 140 cases 80 cases 100 cases 200 cases 300 cases 160 cases 120 cases 180 cases 0 cases 100 cases 200 cases 300 cases 120 cases If Alpine Springs and Dew Good are the only two suppliers in this market, by how much does the market quantity supplied change with each $3 increase in price? a. -200 cases b.-100 cases c. 100 cases d. 200 cases
Answers
Answer:
The following table shows the number of cases of water each seller is willing to sell at the prices listed. Price per case Alpine Springs Brook Mountain Cascade Waters Dew Good $0.00 0 cases O cases 0 cases O cases $3.00 100 cases 40 cases 60 cases 100 cases $6.00 200 cases 80 cases 120 cases 200 cases $9.00 300 cases 120 cases 180 cases 300 cases 3. Refer to Table 4-15. If all four suppliers operate in this market, what is the market quantity supplied when the price is $6.00 per case? 4. Refer to Table 4-15. Assuming these are the only four suppliers in this market and the function for market demand is Q"=1000-100P, where is the quantity demanded and P is the price, what is the equilibrium quantity? (Hint; figure out the supply function then solve for equilibrium price & quantity. Or find the quantity of demand at each price in that table and locate the equilibrium quantity for that market) 5. Refer to Table 4-15. Assume these are the only four suppliers in this market and the function for market demand is Q=1000-100P, where is the quantity demanded and P is the price. If the price is $6 per case, is there a shortage or Copyright Cengage Learning. Powered by Cognero. Page 1
Which one of the following statements concerning the random walk hypothesis is correct?
Question content area bottom
Part 1
A.
Stock prices in general follow repetitive patterns but the actions of individual investors are random in nature.
B.
Random price movements indicate that investors can earn abnormal profits on a routine basis.
C.
Stock prices respond to new information.
D.
Stock price movements are predictable but only over short periods of time.
Answers
Answer:
The answer C) Stock prices respond to new information
Explanation:
Randon walk hypothesis is a financial theory stating that stock market prices evolve on random basis. Stock prices cannot be predicted. It is consistent with efficient market hypothesis.
Requirements for a good code of ethics grade 11
Answers
Answer:
Don't be bad, help others.
Explanation:
he newspaper reported last week that Bennington Enterprises earned $34.03 million this year. The report also stated that the firm’s return on equity is 12 percent. The firm retains 80 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
Answers
Answer:
(A) 9.6%
(B) 37,296,880
Explanation:
Current earnings for Bennington Enterprise is $34.03 million
The ROE is 12 percent
= 12/100
= 0.12
Retention ratio is 80 percent
= 80/100
= 0.8
(A) The firms earning growth rate can be calculated as follows
= 0.8× 0.12
= 0.096×100
= 9.6%
(B) Next year earnings can be calculated as follows
= 34,030,000 × (1+0.096)
= 34,030,000× 1.096
= 37,296,880
What are the main types of contracts if you decide to outsource? What are the advantages and disadvantages of each? g
Answers
Answer:
Time-and-materials contracts, which bill the project at an agreed-upon rate based on actual resources used and time spent by developers.
Fixed-price contracts, which bill the project at a flat rate, regardless of the time spent or resources used.
Explanation:
True or false many small businesses fail every year
Answers
Answer:false
Explanation:
changes affecting product management
Answers
Due to numerous changes in the business environment, product management is a dynamic profession that is always changing.
Product management has been profoundly affected by technological advancements including artificial intelligence (AI), machine learning, the Internet of Things (IoT), and data analytics.
Agile and lean processes are replacing conventional product development techniques in the business. Customers' demands are always changing. Customers today want seamless, individualized, and user-centric experiences across several channels.
Businesses now place a high focus on being customer-centric. Product managers are supposed to represent the interests of users inside the organization, speak out for user demands, and match product strategy to user value.
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Al's obtained a discount loan of $78,500 today that requires a repayment of $98,000, 3 years from today. What is the APR
Answers
Answer:
R = 8.2803%
Rounded: 8%
Explanation:
Solving our equation:
r = (1/3)(98000/78500) - 1) = 0.08280255
r = 0.08280255
Converting r (decimal) to R a percentage
R = 0.08280255 * 100
= 8.2803%
Hope this helped! :D
R=0.8280255
0.8280255 x 100
=8.82803%
15. What is one thing you can do to help remember a new business contact? Write____ on the back of his or her business card.
A. something you said you would do for the person
B. what the person had for dinner
C. whether you liked the person or not
D. what kind of business the person is in
Answers
Answer:
The answer is D.
Explanation:
what kind of business the person is in. Writing down a brief note on the back of the business card about the person's business or area of expertise can help you remember the individual and the nature of their business. This can come in handy when you want to follow up with the person or refer them to someone else who might be interested in their services. It is important to make sure that any notes you write down are respectful and professional.
Which of the following is one of the value gaps that can undermine customer experiences and can damage relationships?
Service Quality Gaps
Psychological Gaps
Language Gaps
Physical Gaps
Operational Gaps
Transition Gaps
Answers
Answer:
Service Quality Gaps
Explanation:
Service Quality gaps is one of the value gaps that can undermine customer experiences and can damage relationships.
This is because, as a result of the quality of the service delivered or rendered, a customer's satisfaction can be gauged and depending on how satisfied the customer is, it could build or damage relationships.
a. What would be the value of a savings account started with $700, earning 4 percent (compounded annually) after 10 years
Answers
Hope this helps!
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are able to sell their goods or services for more than they cost to produce. Identify and explain some of the value-added services in Operations Management.
Answers
Answer:
One example of a value-added service in operations management would be the development of premium agricultural products like premium coffee or tea.
Explanation:
Agricultural products tend to be basic and cheap than most other goods because they are a basic necessity, meaning tha not only theird emand is high, but so is their supply, causing the market price of agricultural products to be relatively low.
If a company instead chooses to add value to its agricultural product, then, the company creates a product not only of higher value to both the company and its customers, but also in terms of price, that can therefore generate a higher revenue for the firm. Operations management is fundamental in this process because it deals with the production process of the product, which would go through several stages.
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In what ways do federal, state, and local regulatory agencies play a role in the hospitality and tourism industry, specifically the recreational sector? Identify and describe one example for each agency, evaluating the ways in which this agency impacts the hospitality and tourism industry by using your example as a framework.
What are three influences that led to the development of amusement parks and theme parks? Evaluate and describe some of the ways that these influences helped shape modern amusement and theme parks.
Imagine that you are looking to hire someone for a park ranger position. What characteristics or skills would you look for in the candidates? Why?
Shelly is accompanying her dad to work for a few days over summer break. Her dad is a theme park manager. What are some tasks, duties, and things that Shelly might observe her dad doing over these few days while she is with him at work?
Answers
Answer:
its only my opionion
Explanation:
local and state stakeholders and partners, with some assistance from federal groups. The realization of what federal agencies can and cannot do has led to new approaches. One example is community-based disaster preparedness (CBDP), which is increasingly used as a general framework for promoting local-level capacity building.
The hospitality industry is thought to have the biggest positive socioeconomic effects on employment, living standards, tax collections for state and municipal governments, and local retail sales growth.
What is hospitality?The term "hospitality" refers to the relationship that exists between a host and a guest in which the host accords the guest some measure of goodwill. This includes the welcoming and entertaining of guests, visitors, or strangers.
Medieval European pleasure gardens, industrialization, and world fairs are three factors that influenced the growth of amusement parks and theme parks. They contributed to the development of modern theme parks and amusement parks by introducing concepts of enjoyment and technological advancements that made mechanical rides possible.
The characteristics or skills for a park ranger will be:
Physical fitness to work outdoors. Strong communication skills.A willingness to help people and conservation efforts.Shelly can ensure all parts of the park are operating effectively in terms of staff and equipment and oversee the effective application of health and safety regulations and risk assessment to ensure a safe environment for park employees and the public
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How are payday lenders different from a bank or credit union?
A. Payday lenders usually offer loans at a much lower rate than
banks and credit unions.
B. Payday lenders usually don't require collateral, unlike banks and
credit unions.
C. Payday lenders often offer loans to people who are unable to get a
loan from a bank or credit union.
D. Payday lenders often offer loans for a longer term than banks or
credit unions.
Answers
The difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
What is payday lending?Payday lending is a type of short-term borrowing where a borrower receives a high-interest credit based on personal income.
The characteristics of payday lending include:
Small-term loansSmall amounts of money are involvedAvailable at short noticeInterest rates are high.Thus, the difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
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Answer: the answer is C (PAYDAY LENDERS OFTEN OFFER LOANS TO PEOPLE WHO ARE UNABLE TO GET A LOAN FROM A BANK OR CREDIT UNION!!!)
Explanation: I just took the test!
Which of the following things can help you get a lower interest rate when you receive a loan? A. A low credit score B. A history of defaulting C. Using all of your available credit D. Collateral
Answers
Answer:
Collateral
Explanation:
The thing that can help to get a lower interest rate when you receive a loan is Collateral. Thus, option D is correct.
What is Collateral?A collateral is a valuable asset that is committed to obtaining a loan. Lenders' risk is reduced by collateral. If a borrower fails on a loan, the lender can seize and sell the collateral to recuperate its losses. Mortgages and automobile loans are two examples of collateralized lending.
A customer that provides collateral is considered a low-risk customer. The lender keeps the asset until the debt is fully repaid. If the borrower fails to repay, the lender may sell the collateral to recoup his funds. Collateral decreases the lender's risk of losing money.
The loan value is always more than the collateral value. Because the transaction is low-risk, the lender may afford to provide low-interest rates. Collateral is anything that can assist you to acquire a cheaper interest rate on a loan. As a result, option D is correct.
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Internal control within a company involves everything that controls the risks to the organization. This might involve reliable financial reporting, accurate feedback, compliance with laws/regulations or achieving strategic goals. There are three types of controls: preventive, detective, and corrective. Using the company where you have been employed:
Using the company where you have been employed, do the following:
Discuss at least one control in each of these three categories
Reflect on how enterprise risk management would influence the internal controls you identified
Answers
Answer:
Company: XYZ Corporation
Preventive Control:
One preventive control for XYZ Corporation is to implement a segregation of duties policy, where different individuals are responsible for different tasks. This ensures that employees have little control over a particular area to reduce the risk of fraud or errors. For example, the employee who is responsible for processing payroll is not approve time cards or change pay rates.
Detective Control:
A detective control for XYZ Corporation is to conduct periodic audits of financial transactions. This helps identify any unusual or suspicious activity, such as unauthorized disbursements or purchases. For example, a forensic audit is conducted to identify potential fraudulent transactions.
Corrective Control:
A corrective control for XYZ Corporation is to establish a robust internal reporting system that allows employees to report any concerns about potential issues in the company. This enables prompt investigation of any issues that may arise. For example, employees are provided with a hotline or an online reporting system allowing them to report issues anonymously.
Enterprise risk management (ERM) influences the internal controls by providing a framework for identifying and assessing risks across the organization. ERM encourages the company to evaluate all risks, including those related to financial reporting, compliance, and strategic objectives. It helps the company identify the most critical risks and develop appropriate internal controls to mitigate those risks.
In addition, ERM promotes a culture of risk management throughout the organization, where employees can report any risks or issues they observe. This helps ensure that the internal controls are effective and are being followed by all employees. ERM also encourages regular monitoring and testing of the internal controls to ensure that they are functioning as intended and are meeting the company's risk management objectives.
Explanation:
As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 586.1 (using a base year of 1914 = 100). The CPI for Airfare in 2264 was 605.7. Based on this data, what was the inflation rate of airfare from 2263 to 2264?
Answers
Answer: 3.34%
Explanation:
Firstly, we have to calculate the difference in CPI from the year 2263 to 2264 which will be:
= 605.7 - 586.1
= 19.6
Then, the inflation rate will be:
= Difference in CPI / Base CPI × 100
= 19.6/586.1 × 100
= 3.34%
The inflation rate is 3.34%.
Requirements to be researched and listed in the portion of your business plan is called
Answers
The portion of a business plan where requirements are researched and listed is typically called the "Operations Plan" or "Operating Plan."
What is Operation Plan?
An operations plan is a detailed document that outlines how a business will operate on a day-to-day basis to achieve its goals. It includes information on the processes, procedures, and resources required to produce and deliver products or services to customers.
An operations plan typically covers several key areas, such as production, procurement, inventory management, quality control, human resources, and facilities management. It provides a roadmap for how a business will function and achieve its objectives, including identifying potential challenges and developing strategies for addressing them.
An effective operations plan can help businesses improve efficiency, reduce costs, and enhance quality, while ensuring that they are well-prepared to meet the needs of their customers.
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complete question:
"What is the term used to describe the requirements that need to be researched and listed in the portion of your business plan?"