If you purchase a house for $175,000 with a 6% interest rate and paid the loan over 30 years, how much in total (including interest) will you pay for the house, assuming you paid $25,000 as a down payment?
Answers
The end up paying a total of $346,614 for the house, including interest. First, let's calculate the amount of the loan you took out for the house. You paid $25,000 as a down payment, so the remaining amount of the loan is $150,000 ($175,000 - $25,000).
Next, we need to calculate your monthly mortgage payment. We can use the following formula:
M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
Where:
M = monthly mortgage payment
P = the amount of the loan ($150,000)
i = the monthly interest rate (6% / 12 = 0.005)
n = the number of payments (30 years x 12 months per year = 360)
Plugging in the numbers, we get:
M = $899.33
Now, we can calculate the total amount you will pay for the house, including interest. You will make 360 monthly payments of $899.33, which adds up to a total of $323,758.80 ($899.33 x 360).
Total amount paid - Loan amount = Interest paid
$323,758.80 - $150,000 = $173,758.80
So you will end up paying $173,758.80 in interest over the life of the loan.
Adding the principal and interest together, we get:
$150,000 + $173,758.80 = $323,758.80 (principal) + $173,758.80 (interest) = $346,614
1. Subtract the down payment from the purchase price: $175,000 - $25,000 = $150,000. This is the principal amount of the loan.
2. Calculate the monthly interest rate: 6% annual interest rate / 12 months = 0.06 / 12 = 0.005.
3. Find the number of payments over the 30-year loan: 30 years * 12 months = 360 payments.
4. Calculate the monthly mortgage payment using the formula: P = L[c(1 + c)^n]/[(1 + c)^n – 1], where P is the monthly payment, L is the principal loan amount, c is the monthly interest rate, and n is the number of payments. In this case: P = $150,000 * [0.005(1 + 0.005)^360] / [(1 + 0.005)^360 - 1] = $899.33.
5. Multiply the monthly payment by the total number of payments: $899.33 * 360 = $323,929.33.
6. Add the down payment to find the total amount paid, including interest: $323,929.33 + $25,000 = $336,929.33.
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Related Questions
deadline for filing income tax returns that have received extensions
Answers
Third quarter 2023 estimated tax payment is due on September 15, 2023. The deadline to submit your 2022 extended tax return is October 16, 2023. This is the deadline for submitting your tax return if you opted to request an extension.
What occurs if taxes are still unpaid after the extension?For each month that you are late, penalties for filing might increase by 5% of the tax owed. The minimum fine is $100 or 100% of the tax owed with the return, whichever is less, if you are more than 60 days late. By requesting the extension by the deadline, the penalty file is destroyed.
What occurs if you submit your taxes late but don't have any outstanding debt?There is no penalty for filing a late return after the tax deadline if a refund is due. If you didn't file and owe tax, file a return as soon as you can and pay as much as possible to reduce penalties and interest.
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When a seller allows a buyer thirty to sixty days to pay for a purchase, the sales arrangement is called a. a promissory note. b. equity financing. c. trade credit. d. a bank loan. e. None of these answers is correct.
Answers
The sales arrangement when a seller allows a buyer thirty to sixty days to pay for a purchase is known as Trade credit
A trade credit is an arrangement that exists between buyers and sellers with respect to exchange of goods and services.
In trade credit, the supplier allows the buyer purchase on credit and pay later usually between 30, 60 or 90 days.
Hence, trade credit is where a seller allows a buyer thirty to sixty days to pay for a purchase.
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The following trial balance of Trey Co.at December 31, 20x5 has been adjusted except for income tax expense C Dr. $550,000 1.650.000 300,000 Cash Accounts Receivable, net Prepaid taxes Accounts payable Common stock Additional paid-in capital Retained earnings Foreign currency translation adjustment Revenues Expenses $120,000 500,000 680,000 630,000 430.000 3,600,000 2,600,000 $5,530,000 $5,530.000 Additional information: During 20X5, estimated tax payments of $300,000 were charged to prepaid taxes. Trey has not yet recorded income tax expense. There were no differences between the financial statement and the income tax income, and Treystax rate is 30% Included in accounts receivable is $500,000 due from a customer. Special terms granted to this customer require payments in equal, semiannual installments of $125,000 every April 1 and October 1. In Trey's December 31, 20X5 Balance Sheet, what amount should be reported as total current assets? $2,200.000 $2.500.000 $2.250,000 $1.950,000
Answers
Based on the information provided, the amount to be reported as total current assets on Trey Co.'s December 31, 20X5 Balance Sheet is $1,175,000.
To determine the amount to be reported as total current assets on Trey Co.'s December 31, 20X5 Balance Sheet, we need to consider the relevant information provided.
The trial balance gives us the following information related to current assets:
- Cash: $120,000
- Accounts Receivable, net: $500,000
- Prepaid taxes: $680,000
We also have additional information regarding the accounts receivable:
- $500,000 due from a customer, with semiannual installments of $125,000 each on April 1 and October 1.
To determine the current assets, we need to consider the portion of accounts receivable that will be collected within one year, as it falls under the definition of current assets. Since the customer will make two equal payments of $125,000, and the first payment is due on April 1, which is within one year, we can consider $125,000 as part of the current assets.
Now, let's calculate the total current assets:
Cash: $120,000
Accounts Receivable, net: $375,000 ($500,000 - $125,000)
Prepaid taxes: $680,000
Total Current Assets: $1,175,000 ($120,000 + $375,000 + $680,000)
Therefore, the amount to be reported as total current assets on Trey Co.'s December 31, 20X5 Balance Sheet is $1,175,000. None of the provided options match this amount. It seems there may be an error or omission in the given answer options.
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Primarily because they require limited resources, ____________ businesses are the fastest-growing segment of small-business enterprise.
Answers
Answer:
Retail
Explanation:
They're less of a hassle to get started because they are independent.
reid incorporated received a $90,000 cash payment, of which only $50,000 was taxable income. if reid's marginal tax rate is 40%, compute reid's after-tax cash flow. multiple choice $54,000 $50,000 $30,000 none of these choices are correct.
Answers
Reid's cash flow was $70,000 after taxes ($90,000 in pre-tax cash minus $20,000 in tax on $50,000 in income).
The correct answer is none of these
Who Pays Taxes?Taxes are mandatory payments that citizens or corporations must make to their local, state, or federal government. Tax revenue is used to pay for public projects and programs like Medicare and Social Security as well as infrastructure like roads and schools.
What does it mean to be an excise tax?In the United States, the word "excise" has at least two different meanings: (A) anything tax other than a property tax and capitation (i.e., an excise is indeed an indirect tax in the sense of constitutional law); or (B) a tax that is simply referred to as an excise.
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The focus on traditional financial statements is -Select- data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:
Answers
Answer:
The focus on traditional financial statements is ACCOUNTING data rather than cash flow.
Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital
Explanation:
Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.
Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.
E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.
Municipal bonds are issued by what?
Answers
Answer:
Hi, the correct answer to your question is they are securities issued by states, cities
etc/more.
Explanation:
They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.
Hope this helps! :)
what does the fox say
Answers
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
some of the inputs to this problem will change with each submission, so you will need to recompute your answer each time you submit. your portfolio is invested 35 percent in stock x, 20 percent in stock y, and 45 percent in stock z. the expected returns on these three stocks are 8 percent, 15 percent, and 13 percent, respectively. what is the expected return of your portfolio?
Answers
The expected return of your portfolio is 11.65%.
How to determine the expected returnTo calculate the expected return of your portfolio, you need to consider the percentage allocated to each stock and their respective expected returns.
In your case, your portfolio consists of 35% stock X, 20% stock Y, and 45% stock Z.
The expected returns for these stocks are 8%, 15%, and 13%, respectively.
To find the expected return of the portfolio, you can use the following formula:
Expected return of portfolio = (Weight of stock X * Expected return of stock X) + (Weight of stock Y * Expected return of stock Y) + (Weight of stock Z * Expected return of stock Z)
Using the given data, the expected return of your portfolio can be calculated as:
Expected return of portfolio = (0.35 * 0.08) + (0.20 * 0.15) + (0.45 * 0.13)
Expected return of portfolio = 0.028 + 0.03 + 0.0585
Expected return of portfolio = 0.1165 or 11.65%
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why can herbal industry florish in nepal? give reason
Answers
The herbal industry in Nepal can flourish because of the widespread availability of medicinal herbs, plants, and shrubs endemic to the country's terrain.
Other reasons-Additionally, the traditional system of medicine that has been practiced in Nepal for centuries provides an established market for medicinal plants. Furthermore, Nepal is located in a region known for its abundance of biodiversity, providing many natural resources which can be used for the expansion of this industry.
Herbs, usually found at altitudes above 3,000 meters, are thought to be rich in natural chemicals. “Because there is no mechanism to label and provide specifications, the country loses huge revenue potential every year,” Bhandari said, adding that the turmeric found in Nepal could be used as a food product if attention is paid to packaging and marketing, added that it can also secure a good market in Europe.
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Edwards and Everett, Inc. had the following items in its capital structure at December 31, 2020:
Common stock options, issued in 2019, exercisable for 22,000 shares, beginning in 2022, at a "strike" price of $20 per share. The cash that would be received from the option-holders from a hypothetical exercise of the options at December 31, 2020 would be sufficient for Edwards & Everett to acquire 13,400 shares of its own common stock (as treasury stock).
Treasury stock, common, 20,000 shares, acquired on November 30, 2019 …...
$
280,000
Additional paid-in-capital ....................................................................................
760,000
Common stock, $10 stated value, issued January 2, 2019
(current market value, $17 per share) ..................................................................
1,200,000
Preferred stock, 10%, $8 par value, convertible into 146,000 common
shares no earlier than 2020, issued at par value on July 1, 2020
(current market value, $8 per share) ....................................................................
1,660,000
Stock warrants, issued in 2019 in exchange for legal services at the company’s formation, convertible into 1,300 shares of common stock at the
discretion of the warrant-holders, but not earlier than 2022. A
hypothetical conversion of the warrants at December 31, 2020 would
require a $14,000 cash payment from the warrant-holders, which would
be sufficient for Edwards & Everett to acquire 300 shares of its own
common stock (as treasury stock)........................................................................
20,000
Edwards & Everett’s net income for 2020 was $783,000; the company’s Board of Directors has not yet declared a dividend for 2020 for the preferred shareholders.
What earnings per share did Edwards and Everett, Inc. report for the year ended December 31, 2020? Prepare a schedule to support your answer.
Answers
For the year ending December 31, 2020, Edwards and Everett, Inc. reported earnings per share of $6.04.
To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to first determine the weighted average number of common shares outstanding.
Common stock outstanding on January 2, 2019 (issued) = $1,200,000 / $10 = 120,000 shares
Common stock options exercisable = 22,000 shares
Treasury stock acquired on November 30, 2019 = (20,000) shares (negative because it is a reduction in outstanding shares)
Weighted average number of common shares outstanding = (120,000 + 22,000 - 20,000) / 2 = 61,000 shares
Next, we need to calculate the net income available to common shareholders. Since there are no dividends declared for the preferred shareholders, we can assume that the entire net income is available to the common shareholders.
Net income available to common shareholders = $783,000
Finally, we can calculate the earnings per share:
EPS = Net income available to common shareholders / Weighted average number of common shares outstanding
EPS = $783,000 / 61,000 shares
EPS = $12.84 per share
Therefore, Edwards and Everett, Inc. reported earnings per share of $12.84 for the year ended December 31, 2020.
To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to calculate.
1. Calculate the weighted average number of common shares outstanding.
2. Calculate the diluted shares due to stock options and warrants.
3. Calculate the net income available for common stockholders.
4. Divide the net income by the weighted average number of shares outstanding (including diluted shares).
1: Calculate the weighted average number of common shares outstanding.
Common stock: $1,200,000 / $10 (stated value) = 120,000 shares
2: Calculate the diluted shares due to stock options and warrants.
Stock options: 22,000 shares (exercise) - 13,400 shares (buyback) = 8,600 shares
Stock warrants: 1,300 shares (conversion) - 300 shares (buyback) = 1,000 shares
Total diluted shares: 8,600 (options) + 1,000 (warrants) = 9,600 shares
3: Calculate the net income available for common stockholders.
Net income for 2020: $783,000
No preferred dividends declared, so no adjustment needed.
4: Divide the net income by the weighted average number of shares outstanding (including diluted shares).
Total shares outstanding: 120,000 (common stock) + 9,600 (diluted shares) = 129,600 shares
Earnings per share (EPS): $783,000 (net income) / 129,600 (total shares outstanding) = $6.04 per share
Answer: Edwards and Everett, Inc. reported earnings per share of $6.04 for the year ended December 31, 2020.
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W.C. Cycling had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled _$250,000, and cash flow from financing activities totaled $170,000. Required: a) What was the cash flow from operating activities? b) If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?
Answers
Answer:
a) 50,000
b) 115,000
Explanation:
Cash flow from operating activities and Net Income can be calculated as follows
DATA
Opening cash balance = $55,000
Closing cash balance = $25,000
Long term investing activities = $250,000
Cashflow from financing activities = $170,000
Requirement A: Cash flow from operating activities
$
Investment 250,000
Less:
Cash flow from financing activities (170,000)
Opening Cash balance (55,000)
Add:
Closing cash balance 25,000
Operating cash flows 50,000
Requirement B: Net Income
Operating cash flows 50,000
Add:
Increase in receivables and inventory 100,000
Less:
Increase in accruals 25,000
Depreciation 10,000
Net Income 115,000
P7-1: Dime a Dozen Diamonds makes synthetic diamonds by treating carbon. Each diamond can be sold for $170. The materials cost for a synthetic diamond is $110. The fixed costs incurred each year for factory upkeep and administrative expenses are $1,250,000. The machinery costs $1.21 million and is depreciated straight-line over 10 years to a salvage value of zero.
a. What is the accounting break-even level of sales in terms of number of diamonds sold?
b. What is the NPV break-even level of sales assuming a tax rate of 35%, a 10-year project life, and a discount rate of 12%? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)
Answers
In terms of diamond sales dollars, the accounting break-even point is $200,040. We must take into consideration the expenses and income related to generating.
The diamonds in order to determine the accounting break-even level of sales in terms of the quantity of diamonds sold. The annual fixed costs, which include administrative and manufacturing maintenance costs, total $200,000.
The equipment also costs $1 million and depreciates straight-line over ten years to zero salvage value. Accordingly, the machinery's annual depreciation cost is calculated as $1 million divided by 10, or $100,000. The materials cost, which is $40 per diamond, is the variable cost. $100 is the selling price per diamond. To determine the sales level necessary for accounting break-even.
We must determine the point at which total revenue equals total expense in order to determine the accounting break-even level of sales in terms of the number of diamonds sold. Fixed costs and variable costs per diamond make up the total cost.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of the following is not an action taken by governments to help stabilize the financial sector? O A. The government created additional tax cuts. B. The government introduced the Troubled Asset Relief Program. C. The Fed made discount lending and borrowing more attractive. D. The FDIC insurance was raised from $100,000 to $250,000
Answers
The answer to the question "Which of the following is not an action taken by governments to help stabilize the financial sector?" is option A. The government created additional tax cuts.
What is the financial sector?The financial sector is a portion of the economy that deals with the management, investment, and trade of finances. It's made up of a wide range of companies and institutions, including banks, investment firms, and insurance companies. The financial sector plays a crucial role in the economy by providing a range of services, such as intermediation, risk assessment, and liquidity provision.What is financial stabilization?Financial stabilization is the process of restoring economic stability in the wake of a crisis.
When a financial crisis occurs, government institutions such as central banks and regulatory authorities must intervene to reduce the risk of further damage to the economy.Actions taken by governments to help stabilize the financial sectorThere are a variety of measures that governments may take to stabilize the financial sector. Some of the most common actions include:The introduction of new regulations and policies aimed at preventing future financial crises.The creation of financial safety nets, such as deposit insurance and emergency lending facilities, to reduce the risk of bank runs and other forms of contagion.
The purchase of troubled assets, such as toxic loans or stocks, to inject liquidity into the economy.The provision of low-cost loans and other forms of financing to help firms maintain operations in difficult economic conditions.The use of fiscal stimulus measures, such as tax cuts or increased government spending, to boost economic activity.The Federal Reserve may offer discount loans or buy assets to ease market conditionsConclusionOption A (The government created additional tax cuts) is not an action taken by governments to help stabilize the financial sector. Governments can take a variety of measures to stabilize the financial sector, as discussed earlier.
The introduction of new regulations, financial safety nets, the provision of low-cost loans, the purchase of troubled assets, and fiscal stimulus are all examples of government interventions to stabilize the financial sector.
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The option that is not an action taken by governments to help stabilize the financial sector is:
A. The government created additional tax cuts.
Tax cuts are generally not a direct measure taken specifically to stabilize the financial sector. While tax cuts can stimulate economic growth and provide relief to individuals and businesses, they are not typically targeted at addressing systemic issues or stabilizing the financial sector during times of crisis.
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Select the qualification that is best demonstrated in each example.
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
Floyd is a Repair Worker who lifts heavy objects.
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
Answers
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Explanation:
The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene's ability to stay on task has no direct correlation with being a highway worker.
Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.
Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.
The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building. A stationary engineer is also known as operating or power engineer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
✔ problem-solving skills
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
✔ independence
Floyd is a Repair Worker who lifts heavy objects.
✔ physical strength
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
✔ communication skills
Explanation:
Hopes this helps you :)
Drag the tiles to the boxes to form correct pairs.
Match the different. brainstorming techniques to their applications
Answers
Note that the Brainstorming Techniques matched to one another are given as follows:
Clustering - connecting ideas for a topic using different shapes and color-coding to identify how the ideas are relatedThree perspectives - describing the topic, tracing its history, and examining its connections with related topicsFreewriting - writing down first thoughts on a topic in a timed session. without pausing to check for relevance or grammarWhat are brainstorming techniques?The most essential thing to remember with any approach of brainstorming is to prioritize quantity above quality. Accepting all ideas, no matter how ridiculous or unimportant they may appear, aids brainstorming.
The aim is to establish a large enough pool of ideas from which to draw or combine ideas for the best solution or approach.
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Please answer this question...
Did you eat today? if you haven't please find something to eat and take care of yourself :)
Answers
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:yes i did thank you for caringgggggggggg have a good day^.^
Explanation:
Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Answers
The correct answer is Journalism
Explanation:
Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.
Answer:
D. Journalism
Explanation:
HELP ASAP. WILL GIVE BRAINLIEST
after decreasing nominal GDP & real GDP, what would the next step for the federal reserve bank?
A. Observe how inflation is a factor.
B. Force banks to set the interest rate at 0%
C. Force consumers to buy more products
Answers
Answer:
If nominal GDP and real GDP decrease, the Federal Reserve Bank may take various actions to stabilize the economy. The most appropriate next step for the Federal Reserve Bank would likely be option A, which is to observe how inflation is affected. Inflation refers to the overall increase in prices of goods and services in an economy.
If the Federal Reserve Bank observes that inflation is decreasing along with the decrease in GDP, it may consider lowering interest rates to stimulate borrowing and spending, which can help increase demand for goods and services and boost economic growth. Lower interest rates can also help make borrowing more affordable for businesses, which can lead to increased investment and job creation.
On the other hand, if the Federal Reserve Bank observes that inflation is still high despite the decrease in GDP, it may consider increasing interest rates to reduce borrowing and spending and prevent the economy from overheating. Higher interest rates can also help to control inflation by increasing the cost of borrowing, which can discourage excessive borrowing and spending.
Option B, forcing banks to set the interest rate at 0%, is not an appropriate action because it limits the flexibility of banks to respond to economic conditions and can lead to unintended consequences such as inflation or a decline in the value of the currency.
Option C, forcing consumers to buy more products, is also not an appropriate action because it interferes with consumer choices and can be counterproductive to economic growth. In a market economy, consumers make choices based on their own preferences and budget constraints, and forcing them to buy more products can lead to inefficiencies and distortions in the economy
After decreasing nominal GDP & real GDP, the next step for the federal reserve bank is "observe how inflation is a factor". The correct option is A.
If nominal GDP and real GDP have decreased, it could indicate a slowdown in economic activity and a potential risk of deflation. The next step for the Federal Reserve Bank would likely be to observe how inflation is affected.
The Federal Reserve is responsible for monetary policy, and one of its key objectives is to maintain stable prices which typically involves targeting a moderate level of inflation.
This could involve implementing expansionary monetary policies, such as lowering interest rates, increasing money supply and so on.
Therefore, the correct option is A.
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1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answers
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
An OSHA inspector arrived at a hotel construction site for no apparent reason. He was turned away because he did not have a search warrant. He was attempting to provide which level of enforcement?
a. Imminent danger
b. Serious accident
c. Employee complaint
d. Target inspection
e. Random inspection
Answers
Written evidence of the ownership of a piece of property
a
b
Non-verbal contract
Loan Sharking
Deed
c
d
Sublet
Answers
Answer:
Deed
Explanation:
A deed, when duly signed, is a written legal document that confers some property rights to the holder. A signed deed facilitates the transfer of property ownership to the new owner. The deed is written evidence that the signed holder has an interest or right to the property stated in the deed document.
The deed has to be entered into the public records; otherwise, ownership of the property will be vulnerable.
You have a full-time job and are also doing a part-time evening course. You now find that you cannot continue the course. Write a letter to the course tutor. In your letter • describe the situation • explain why you cannot continue at this time • say what action you would like to take
Answers
Answer:
To,
The Learning provider,
London City.
Dear Sir,
I am student of project management course. I have successfully completed level 1 and now currently pursuing level 2 at your institute. I want to inform you that I have got a full type Permanent job at a multinational organization. I will not be able to take this course in morning now due to job commitments. I wish to take my remaining course on evening or weekends. If there is not availability on weekends then i will not be able to continue my course at this time and will wish to freeze the course studies for now.
Hope to hear from you soon.
Regards,
Jason Mak.
what do customers want from organizations when meeting their needs or finding a satisfactory solution
Answers
Customers want organizations when meeting their needs or finding a satisfactory solution to be flexible and open for further suggestions.
Who are customers?Customers are individual who buys from an organization. They can be consumer or end users.
They want company or individual to be flexible when dealing with them in other to provide them with more satisfaction.
Therefore, Customers want organizations when meeting their needs or finding a satisfactory solution to be flexible and open for further suggestions.
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When meeting customers' needs or finding satisfactory solutions to their wants, the organization must be flexible.
What is flexibility in customer service?Flexibility in customer service shows the organization's ability to adjust to customer situations, recognizing that individual customers vary.
Each customer encounter needs to be attended to with flexibility, professionalism, and a patient learning attitude.
Thus, customers want organizations to be flexible when meeting their needs or finding a satisfactory solution.
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Identify three users of Business Plans. For each user, write a sentence to explain why the business would engage with that user.
Answers
The three users of Business Plans are investors, lenders, and internal stakeholders. Investors engage with business plans to assess the potential return on investment and evaluate the feasibility of the business. Lenders use business plans to evaluate the creditworthiness of the business and determine the risk associated with providing financial assistance. Internal stakeholders, such as managers and employees, engage with business plans to align their actions with the business goals and objectives.
Investors play a crucial role in providing the for a business to start or grow. When considering investing in a business, they need to assess the potential return on investment and the overall feasibility of the venture.
A well-developed business plan provides them with a comprehensive understanding of the business model, market analysis, financial projections, and growth strategies. By engaging with the business plan, investors can make informed decisions and determine whether the business aligns with their investment criteria.
Lenders, such as banks or financial institutions, evaluate the creditworthiness of a business before extending financial assistance. A business plan allows lenders to assess the business's ability to repay the loan by examining factors such as cash flow projections, revenue streams, and collateral.
Lenders need to understand the risks associated with lending money to the business and determine the likelihood of loan default. By engaging with the business plan, lenders can make informed decisions regarding the loan amount, interest rates, and terms of repayment.
Internal stakeholders, including managers and employees, engage with business plans to gain clarity on the business's goals, strategies, and direction. A business plan serves as a roadmap that outlines the objectives, target market, competitive analysis, and operational plans. By aligning their actions with the business plan, internal stakeholders can work cohesively towards achieving the business's vision.
The business plan provides a framework for decision-making, resource allocation, and performance evaluation, ensuring that everyone is on the same page and working towards a common goal.
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Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answers
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
all of the following about tax abatement agreements must be disclosed by state and local governments except: Identify the companies receiving the abatements
The purpose of the tax abatement program
The type of tax being abated
Dollar amount of taxes abated.
Answers
While the purpose of a tax abatement program may be important, it is not typically required to be disclosed by state and local governments, unlike the other listed aspects of tax abatement agreements.
State and local governments are typically required to disclose certain information regarding tax abatement agreements to ensure transparency and accountability. Among the options provided, the one that does not need to be disclosed is "the purpose of the tax abatement program."
While the purpose of implementing a tax abatement program may be an important consideration for policymakers, it is not necessarily a requirement for disclosure to the public. The purpose of such programs can vary widely and may include promoting economic development, attracting new businesses, stimulating job creation, or revitalizing specific areas. However, the specific purpose of a tax abatement program does not directly impact the transparency and accountability of the agreements themselves.
On the other hand, disclosing the companies receiving the abatements is crucial for transparency, as it allows the public to understand which businesses are benefiting from tax incentives. Similarly, disclosing the type of tax being abated helps provide a comprehensive view of the tax obligations being waived. Lastly, disclosing the dollar amount of taxes abated is essential for evaluating the financial impact on the government's revenue and assessing the effectiveness of the tax abatement program.
In summary, while the purpose of a tax abatement program may be important, it is not typically required to be disclosed by state and local governments, unlike the other listed aspects of tax abatement agreements.
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the account type and normal balance of prepaid expense are
Answers
The account type of prepaid expense is an asset account, and its normal balance is a debit balance. Prepaid expenses represent costs that have been paid in advance and are gradually recognized as expenses over time.
The account type of prepaid expense is an asset account. Prepaid expenses are expenses that have been paid in advance but have not yet been used or consumed. Examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.
The normal balance of prepaid expense is a debit balance. In accounting, the normal balance of an account represents the side that increases the account balance. Since prepaid expenses are assets, they have a debit balance because they increase with debits and decrease with credits.
For example, let's consider prepaid rent. If a company pays rent in advance for the next three months, it would debit the prepaid rent account to increase the balance. This represents an asset because the company has paid for a future benefit (rent) that it has not yet received. As the months pass and the company uses the prepaid rent, it would credit the prepaid rent account to decrease the balance and recognize the expense in the income statement.
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Many companies choose to standardize their _____________ across national boundaries to maintain a consistent and well-integrated corporate culture.
Answers
Answer:
b. ethical behavior
Explanation: Sorry for being late!!! Hope this still helps!!!