Queuing is a way to ration goods d. on a first-come, first-serve basis.
Rationing frequently includes meals and other requirements for which there may be a shortage, along with materials wished for the war effort such as rubber tires, leather footwear, garb, and gas. Rationing of meals and water may emerge as necessary throughout an emergency, including a herbal disaster or terror attack.
Rationing is the managed distribution of scarce sources, goods, services, or a synthetic restriction of call for. Rationing controls the dimensions of the ration, that's one's allowed portion of the sources being distributed on a specific day or at a specific time.
Meals provided to soldiers are an instance of a ration. the amount of meals you are allowed throughout warfare or other time of scarcity is an example of a ration. To ration is to restrict the amount of something that someone or an animal could have.
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a(n) accounting system provides information that management can use to evaluate a department's manager.
Information from a responsibility accounting system can be used by management to assess a department's manager.
A responsibility accounting system is a management control process that provides information to evaluate a department's performance and the performance of the manager responsible for that department. This system helps managers to determine how well a department is performing in terms of its goals, objectives, and targets.
In a responsible accounting system, managers are held accountable for the resources they control, such as budgets, revenues, expenses, and assets. These resources are assigned to specific departments, and each department is responsible for achieving its targets.
The system provides information in the form of reports, which are used by managers to evaluate performance and make decisions. These reports include financial information, such as budgets and actual performance results, as well as non-financial information, such as quality and customer satisfaction.
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Smithward. Inc. Manufactures reusable water bottles. It targets its marketing campaigns at different market ________, including outdoor enthusiasts, health-conscious buyers, and young people who want the current fashion accessory.
Answer:
ANSWER;- (C) segments
Explanation:
EXPLAINATION;- In market segment there are customers who have similar things in common etc...
Smith Inc. Manufactures reusable water bottles. It targets its marketing campaigns at different market segments including outdoor enthusiasts, health-conscious buyers.
What is Market segmentation?In marketing, market segmentation is the most common way of partitioning a wide buyer or business market, regularly comprising of existing and likely clients, into sub-gatherings of purchasers.
In isolating or fragmenting markets, specialists normally search for normal qualities like shared needs, normal interests, comparative ways of life, or even comparative segment profiles. The general point of segmentation is to distinguish high return portions - that is, those sections that are probably going to be the most productive or that have development potential.
So that these can be chosen for extraordinary consideration (for example become target markets). Various ways of sectioning a market have been distinguished Market segmentation expects that different market sections require different marketing programs - that is, various offers, costs, advancement, appropriation, or a mix of marketing factors.
Market segmentation isn't simply intended to recognize the most beneficial portions, yet additionally to foster profiles of key sections to more readily grasp their necessities and buy inspirations. That is, a market is sectioned, at least one fragments are chosen for focusing on, and items or administrations are situated in a manner that resounds with the chose target market or markets.
Therefore Market segmentation is the most common way of sharing mass markets into bunches with comparative necessities and needs.
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Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas
Answer:
B. Provide good customer service
Explanation:
Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.
Customer service entails a one-on-one interaction with a client. The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.
On December 31, Year 1 Adam Company incurred $3,000 of accrued salary expense. The Year 2 recognition of the cash payment for these expenses Multiple Choice a) decreases the amount of liabilities shown on the Year 2 balance sheet. b) decreases the amount of salary expense recognized In Year 2. c) Increases the amount of liabilitles shown on the Year 2 balance sheet. d) Increases the amount of salary expense recognized In Year 2
The correct answer is c) Increases the amount of liabilities shown on the Year 2 balance sheet.
What is liabilities?Liabilities are a company’s financial obligations or debts. They are usually documented on a company’s balance sheet and include both short and long-term debts. These can include loans, accounts payable, mortgages, deferred revenues, bonds, and other financial obligations incurred by a company. Liabilities are an important part of understanding a company’s financial position, as they represent money that is owed to creditors. Companies use liabilities to finance operations or purchase items they need to run their business.
The payment of the accrued salary expense of $3,000 on December 31, Year 1 results in an increase in liabilities on the Year 2 balance sheet. This is because the Year 2 cash payment for the salary represents a current liability, meaning it is an obligation to be paid in the near future. As a result, the total amount of liabilities on the Year 2 balance sheet will increase by the amount of the accrued salary expense.
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Quesition: You have received a
flowsheet as shown below and you are required to advise your line
manager about the changes that must be made on the flowsheet.
Indicate anything that you think is wrong
I'm sorry, but as a text-based AI, I'm unable to view or analyze any visual content such as a flowsheet.
However, if you can describe the flowsheet or provide specific information from it, I'll do my best to help you identify any potential issues or areas that may need improvement.
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A bank statement may not agree with the amount of cash recorded by the company in the cash account because of ______ differences and errors
The company's deposit was recorded incorrectly by the bank. Interest was paid by the bank, but it was not reported by the business. Outstanding deposits that are listed on the company's records but not the bank's.
What is a "deposit," exactly?
By adding funds to your bank account, you are making a deposit. You should place money in a bank to accumulate savings and earn interest. Demand deposits are placed for funds you can withdraw at any moment. Long-term investing opportunities include time deposits. You could also provide a deposit in exchange for the loan as security.
Demand deposits can take one of three fundamental types, which are listed below: There are three types of accounts listed: checking, savings, and money market (we will go into these in more detail later).
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Please help!!! 100 points!!!
please actually answer and don't just copy my question
1. In this course, you have learned how to identify business ideas and opportunities. Describe 3 trends that you've noticed (either demographic, invention/technology, lifestyle, or style/entertainment) and explain how each one might generate a small business opportunity. (1-6 sentences. 3.0 points)
***Describe 3 trends AND explain how EACH generates a small business opportunity
2. Make a list of at least 5 business ideas that you would be interested in starting as an entrepreneur. Then explain which one you think is the best opportunity for you. Give at least 3 reasons why this opportunity is better than the others. (1-5 sentences. 7.0 points)
TIP: You will create a marketing plan for this business idea in your next assignment, so pick an idea you like.
***Make a list of 5 business ideas THEN explain which one is the best opportunity for you, THEN give 3 reasons why this opportunity is better than the others.
Answer:
There
Explanation:
How long does it take for an apartment application to be approved?.
Answer:
It takes 1-3 Buisness Days.
In situations of excess demand, sellers might lower quality when they are unable to raise prices because they wish to:
In situations of excess demand, sellers might lower quality when they are unable to raise prices because they wish to maintain profitability and meet customer demand.
When there is excess demand for a product or service, it means that the quantity demanded exceeds the quantity supplied at the current price.
This often leads to a shortage or unmet demand in the market.
In such situations, sellers might face limitations in their ability to increase prices due to market competition or price sensitivity of consumers.
As a result, they may choose to lower the quality of their product or service as a way to maintain profitability while still meeting some of the excess demand.
By reducing the quality, sellers can cut production costs, which helps them preserve their profit margins even if they cannot increase prices.
This strategy allows them to continue selling to a larger number of customers despite the excess demand.
However, it's important to note that this approach may have long-term consequences as it can negatively impact the seller's reputation and customer loyalty.
For example, during a holiday season, a popular toy might experience excess demand.
If the manufacturer cannot increase the price due to competitive pressures or price sensitivity, they might choose to lower the quality of the toy, such as using cheaper materials or simplifying its features.
This way, they can meet the increased demand while still maintaining profitability.
In conclusion, when faced with excess demand and unable to raise prices, sellers may lower the quality of their products or services to maintain profitability and meet customer demand.
However, this strategy should be carefully considered as it may have implications for the seller's reputation and customer satisfaction.
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how might emotional factors in decision making influence the potential purchase of a business franchise, such as dunkin' donuts among hundreds of others?
Emotional factors can significantly influence decision-making when purchasing a commercial franchise, such as Dunkin' Donuts.
These factors may include the feelings of security, control, satisfaction or excitement that the buyer/investor experiences when considering a particular brand or franchise.
For example, if the buyer feels secure with the Dunkin' Donuts brand and business model, the buyer may feel it is a safe investment and choose it over other franchises. If the buyer feels they have control over the brand and business, they may be more inclined to choose Dunkin' Donuts over other brands. If the buyer feels satisfaction and happiness at the thought of the Dunkin' Donuts brand and business model, they may choose that franchise for their investment.
Or if the buyer is excited about the prospect of working with a brand as well-known as Dunkin' Donuts, they might be more inclined to choose that franchise over others. Ultimately, emotional factors can significantly influence decision-making when purchasing a retail franchise, such as Dunkin' Donuts, among hundreds of others.
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Discuss the advantages and disadvantages of various ways of eliminating a labor surplus and avoiding a labor shortage.
There are several ways to eliminate a labor surplus and avoid a labor shortage. Let's discuss the advantages and disadvantages of a few methods:
1. Adjusting wages and benefits:
One way to eliminate a labor surplus is by reducing wages and benefits. This can make the job less attractive to workers, leading to a decrease in the surplus.
By lowering wages and benefits, companies can discourage workers from seeking employment, which can help reduce the surplus. However, this approach may lead to dissatisfaction among employees and potential talent shortages in the long run.
2. Offering training and development programs:
Providing training and development programs can help address a labor shortage by enhancing the skills of existing employees.
By investing in training programs, companies can improve the skills of their current workforce. This can help fill skill gaps and increase productivity, thereby addressing a labor shortage. However, implementing training programs can be costly and time-consuming, and there is no guarantee that the trained employees will remain with the company.
3. Implementing flexible work arrangements:
Allowing flexible work arrangements, such as part-time work or remote work, can attract a larger pool of workers and help address a labor shortage.
Flexible work arrangements can be appealing to individuals who may have other commitments or prefer a certain work-life balance. This can expand the labor pool, making it easier to fill positions and avoid a shortage. However, it may be challenging to coordinate schedules and ensure effective communication among remote workers.
4. Recruiting from different sources:
Expanding recruitment efforts to different sources, such as online job portals or educational institutions, can help address a labor shortage.
By casting a wider net, companies can reach a larger number of potential candidates and increase the likelihood of finding suitable employees. However, relying solely on external sources may neglect internal talent and result in increased recruitment costs.
In summary, adjusting wages and benefits, offering training and development programs, implementing flexible work arrangements, and recruiting from different sources are various methods to eliminate a labor surplus and avoid a labor shortage.
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what will I need to start a clothing shop
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
What is the meant by opportunity cost method?
Explanation:
When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.
a favorite uncle wishes to establish a trust fund for his niece's math education. how much should he set aside now if he wants $90,000 in 2 years from now, and interest is compounded semiannually at 4%? exact amount (without using a calculator)
He set aside now if he wants $90,000 in 2 years from now, and interest is compounded semiannually at 4% is $83,146.08.
To establish a trust fund for his niece's math education, the uncle needs to determine the present value of the desired $90,000 in two years, taking into account the interest rate and compounding frequency.
In this case, the interest rate is 4% compounded semiannually, which means the interest is compounded twice per year.
To calculate the present value, we need to use the following formula:
PV = FV / \((1+r/n)^{nt}\)
Where PV is the present value, FV is the future value ($90,000), r is the interest rate (0.04), n is the number of times interest is compounded per year (2), and t is the number of years (2).
Plugging in the values, we get:
PV = 90,000 / \((1+0.04/2)^{2*2}\)
PV = 90,000 / \((1+0.02)^{4}\)
PV = 90,000 / \((1.02)^{4}\)
PV = 90,000 / 1.08243216
PV ≈ 83,146.08
The uncle should set aside approximately $83,146.08 now to have $90,000 available in 2 years for his niece's math education, considering the 4% interest rate compounded semiannually.
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1)extending the close of the fiscal year beyond december 31 so that some sales of next year are included in the current year would be a violation of which ethical conduct for management accountants?
Extending the close of the fiscal year beyond December 31 to include sales from the next year in the current year would be a violation of the ethical conduct of integrity for management accountants.
This action would be considered unethical because it is an attempt to manipulate financial statements and misrepresent the financial performance of the company. Management accountants are expected to uphold the highest level of ethical standards and maintain the accuracy and transparency of financial reporting. Any action that compromises these principles would be a breach of ethical conduct.
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https://brainly.com/question/14342720#SPJ11Lillian's company has distributed a guidebook on using inclusive language that does not discriminate. This information will help her, and her coworkers follow what kind of guidelines?
group dynamics
conflict resolution
business hierarchy
business etiquette
Answer:
the answer is business etiquette
Explanation:
i just did the test and got 100 percent
A manual on employing nondiscriminatory language that is inclusive was issued by Lillian's employer. She and her employees will be better able to follow business etiquette thanks to this information. Hence, Option D is correct.
What are business etiquettes?The terms "business etiquette" and "social and business etiquette" relate to the standards and expectations of behavior in both contexts, the customary behaviors and conduct, and a professional code of ethics. All that's required is that one must act politely.
It is customary to behave in certain ways at work, and this is governed by a code of conduct. "Respect and protect time, people, and processes" is the goal of this code. Standard business etiquette is not universally accepted and can differ depending on the setting.
Therefore, Option D is correct.
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Nearly all entrepreneurs operate home-based businesses.
Answer:
yes they do
Explanation:
Answer:
yes they do
Explanation:
the main advantage of point-of-sale devices is that they offer to buyers and sellers
A.more flexibility and convenience
B.reward programs
C.improved safety and security
D.enhanced fraud protection
The balance of trade is considered to be mainly a microeconomics phenomenon by economists. T/F
The given statement "The balance of trade is considered to be mainly a microeconomics phenomenon by economists." is false as it refers to the difference between a country's exports and imports of goods and services.
Economists typically classify the balance of trade, or the difference between a nation's exports and imports of goods and services, as a macroeconomic phenomenon. It can significantly affect a country's currency exchange rate, inflation, and overall economic growth. It is a crucial indicator of a country's international trade relationships and economic performance.
The behavior of individual businesses and consumers, for example, may be relevant to some aspects of trade, but the balance of trade is primarily a macroeconomic concept that is researched at the national level.
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what basis do you use to decide when to spend money in your everyday life, and do you think your decisions are always well thought out?
1) First, consider what is important to you and whether you have given it adequate funding. Many people immediately consider travel as one of their retirement interests. For some, the most important thing is to see friends and family as often as possible. It's difficult to forget the elderly uncles and aunts who make the effort to attend every family wedding or ceremony. If you want to travel, spend money on plane tickets, hotel reservations, and other expenses.
2) Second, unless you are willing to devote time, energy, and resources to your hobby, you may not be serious about it. If music is your passion and you believe you need to learn it formally, enrol in classes and take it seriously as a student. If you enjoy photography, invest in a good camera and lenses and do what it takes to pursue it seriously. If you believe you will pursue a new activity in retirement, set a reasonable budget for it and enjoy it.
3) Third, if there are expenses you've put off your entire life and now have the money to spend, bring them back to the table. Purchasing books that you enjoy reading, dining out to try new cuisines, attending exhibitions, shows, and concerts that interest you, or purchasing clothing and jewelry that you denied yourself during your saving days can all be financed if you have the money.
4) Fourth, think about allocating money to expenses that will improve your comfort. You might want to invest in a comfortable reading chair, a back-supporting couch, a higher-quality bed, blanket, or pillows, and other small items that will improve your comfort. You might want to hire a cab instead of taking public transportation; fly instead of taking the train; and so on. These may seem insignificant, but I have many elderly friends who will continue to pinch back on their own comfort from their frugality habit even when it is no longer necessary.
5) Fifth, if you believe you have more than you need, practise giving it away. Many people could make good use of that money. You may have made a difference in another person's life if you paid a hospital bill, a tuition fee, a coaching class fee, or if you purchased life-sustaining medicine or equipment, or even if you provided clothing, footwear, and other basic necessities. Donate to charities that work on issues that are important to you. Support your vegetable vendor, security guard, liftmen, cooks and cleaning staff, drivers, and others if you can be generous with them.
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1. What are the building blocks of a personality?
Select the two that apply.
a. emotional qualities
b. ethnic identity
c. level of education
d. physical characteristics
e. ways of behaving
The two building blocks of a personality among the options provided are: emotional qualities and ways of behaving. (Option A and E)
What are Building Blocks of a Personality?Personality is a complex and multi-dimensional construct that encompasses a range of characteristics, traits, and behaviors that make an individual unique. The building blocks of a personality refer to the fundamental components that contribute to shaping an individual's distinct character and behavior.
It's important to note that personality is a complex interplay of the building blocks, and there is no single factor that solely determines an individual's personality. Rather, it's the combination and interaction of these components that create a unique and multifaceted personality profile.
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A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market price of $5, what is its total profit
Answer:
435
Explanation:
5(90)=450-15=435
What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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Park Corporation is planning to issue bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 8.5 percent.
Required:
(c) What bonds payable amount will Park report on its June 30 balance sheet?
Park Corporation will report approximately $1,996,142.68 as the bonds payable amount on its June 30 balance sheet.
To determine the bonds payable amount that Park Corporation will report on its June 30 balance sheet, we need to calculate the amortization of the bond premium for the period from January 1 to June 30.
1: Calculate the semiannual interest payment:
The semiannual coupon payment is calculated as (Coupon Rate * Face Value) / 2:
Coupon payment = (10% * $2,000,000) / 2
= $100,000
2: Determine the bond premium:
The bond premium is the excess of the bond's issue price over its face value. In this case, the bond's issue price is not given, so we need to calculate it. To do so, we can use the present value of the bond's cash flows formula.
PV = C × (1 - (1 + r)⁻ⁿ)) / r + F / (1 + r)ⁿ
Where:
PV = Present value of the bond's cash flows
C = Coupon payment
r = Semi annual market interest rate
n = Number of periods (in this case, 20 semiannual periods - 10 years)
Using the given values:
C = $100,000
r = 8.5% / 2 = 4.25%
n = 20
Calculating PV:
PV = $100,000 × (1 - (1 + 0.0425)⁻²⁰) / 0.0425 + $2,000,000 / (1 + 0.0425)²⁰
PV ≈ $1,922,853.55
Bond premium = Bond issue price - Face value
Bond premium = $1,922,853.55 - $2,000,000
Bond premium ≈ $77,146.45
3: Calculate the amortization of bond premium for the period:
Amortization = Bond premium / Number of periods
Amortization = $77,146.45 / 20
Amortization ≈ $3,857.32
4: Calculate the bonds payable amount on June 30:
Bonds payable = Face value - Amortization
Bonds payable = $2,000,000 - $3,857.32
Bonds payable ≈ $1,996,142.68
Therefore, Park Corporation will report approximately $1,996,142.68 as the bonds payable amount on its June 30 balance sheet.
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If price is greater than marginal cost, a perfectly competitive firm should increase output because.
Explanation:
If marginal revenue is greater than marginal cost, a firm will produce that unit of output because it can make a profit on that last unit of output. A firm will not produce that last unit of output where marginal revenue is less than marginal cost because a loss would be made on that last unit of output
value a constant growth stock financial analysts forecast best buy company (bby) growth for the future to be 17.00 percent. their recent dividend was $2.09. what is the value of their stock when the required rate of return is 18.13 percent?
The value of Best Buy Company's stock when the required rate of return is 18.13% is $215.93.
Step 1: Identify the growth rate (g), recent dividend (D), and required rate of return (r).
- Growth rate (g) = 17.00%
- Recent dividend (D) = $2.09
- Required rate of return (r) = 18.13%
Step 2: Calculate the next dividend (D1) using the growth rate.
- D1 = D × (1 + g)
- D1 = $2.09 × (1 + 0.17)
- D1 = $2.09 × 1.17
- D1 = $2.44
Step 3: Use the Gordon Growth Model to calculate the stock's value.
- Stock value = D1 / (r - g)
- Stock value = $2.44 / (0.1813 - 0.17)
- Stock value = $2.44 / 0.0113
- Stock value = $215.93
Therefore, the value of Best Buy Company's stock when the required rate of return is 18.13% is $215.93.
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Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
A family can have more than one person contributing to the household income for a better financial position.
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♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent
A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.
What debt-to-income ratio is too high?Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.
What is the easiest debt-to-income ratio for a mortgage?Ideal debt-to-income ratio for a mortgage
In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.
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https://brainly.com/question/26258146#SPJ4Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.