Robinson's will receive proceeds of $6,211.04 from the sale of the promissory note to Capital One Bank.
To calculate the proceeds Robinson's will receive, we need to determine the discount amount and subtract it from the face value of the promissory note. The face value of the promissory note is $6,400. The discount rate is 5.3%, which means Capital One Bank will pay Robinson's 94.7% of the face value.
To calculate the discount amount, we multiply the face value ($6,400) by the discount rate (0.947) to get $6,052.80. The proceeds Robinson's will receive is the face value minus the discount amount: $6,400 - $6,052.80 = $347.20.However, since the due date of the promissory note is August 10 and Robinson's contacted Capital One Bank on July 20, there are 21 days remaining until the due date. To account for the interest for these 21 days, we need to calculate the interest using a 360-day year.
The interest for the 21 days is calculated as follows: $6,052.80 × (0.036 × (21/360)) = $158.84.
Finally, we subtract the interest from the discount amount to obtain the final proceeds Robinson's will receive: $6,052.80 - $158.84 = $6,211.04.
Therefore, Robinson's will receive proceeds of $6,211.04 from the sale of the promissory note to Capital One Bank.
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all three level of professionals are required to run an organization or a business is smoothly classified as a statement
All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.
Answer:
It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.
The three levels of professional required are:
Top-level management
Middle-level management
Low-level management
Explanation:
Top-Level Management
Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.
Middle-Level Management
Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.
Low-Level Management
Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.
PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
Name the two main types of fraud in the financial sector?
The most common scams in financial sector are embezzlement and identity theft.
Identity theft is one of the most well-known types of financial crime. When someone uses another person's identifying information without that person's consent, it is called identity theft.
This can include, among other information, names, credit card numbers, and social security numbers. Identity thieves frequently exploit the information they get to perpetrate fraud or other crimes.
Your information may be used by others to make credit applications, file tax returns, obtain healthcare, or even just to shop. Embankment is a prevalent instance of financial fraud.
A person who has been given access to property, money, or other assets commits this white-collar crime by misusing or stealing such resources for personal gain. When someone has legal access to another person's money or property, like in the workplace, embezzlement frequently happens.
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Which statement best summarizes the relationship between investments and
productivity?
A. Companies with high levels of productivity never need to worry
about investment.
B. Companies use investments to reduce their need for high levels of
productivity.
C. Companies with poor productivity use investments to become
more efficient
D. Companies use investments to reduce the opportunity cost of loy
productivity
SUBMIT
PREVIOUS
Answer:
The answer is D
Explanation:
companies invest to make money without using high levels of productivity
identify ten entrepreneur and classify them under the types of entrepreneur
Answer: There are only five types of entrepenuer...
1. Skeptical entreprenuer: Sees the success of others and questions it.
2. Copycat entreprenuer: Sees the success of others and copys them exactly.
3. Research entrepreneur: They research every possible scenario and outcome for strategies to start or grow a business...
4. The determined entrepreneur: - hasn't made it yet- but will.
5. The accolmplished entrepreneur: Has gone through all types of entrepreneur and has built success from it.
Explanation: Hope this helps!
On March 1, Eckert and Kelley formed a partnership. Eckert
contributed $82,500 cash, and Kelley contributed land valued at
$60,000 and a building valued at $100,000. The partnership also
took Kelley�
The total value of the partnership is $242,500, and each partner has a capital account balance of $121,250. This means that each partner has an equal ownership stake in the partnership.
On March 1, Eckert and Kelley formed a partnership. Eckert contributed $82,500 in cash, while Kelley contributed land valued at $60,000 and a building valued at $100,000. The partnership also assumed Kelley's liabilities, totaling $30,000.
To determine the total value of the partnership, we need to add up the contributions made by each partner. Eckert contributed $82,500 in cash, while Kelley contributed land valued at $60,000 and a building valued at $100,000. Therefore, the total value of the partnership is $82,500 (Eckert's cash contribution) + $60,000 (Kelley's land contribution) + $100,000 (Kelley's building contribution) = $242,500.
Next, to calculate the capital account balance for each partner, we need to divide the total value of the partnership by the number of partners. In this case, there are two partners, Eckert and Kelley. Therefore, each partner's capital account balance would be $242,500 ÷ 2 = $121,250.
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Two spherical objects have equal masses and experience a gravitational force of 25 N towards one another. Their centers are 36 cm/100=0. 36m apart. Determine each of their masses.
Two spherical objects with identical weights are attracted to one another by a gravitational force of 25 N. 36 cm/100 = 0.36 metres separates their centres. Their combined masses weight is 69.44 kg.
According to Newton, the force of gravity operating between the earth and any other thing is inversely proportional to the square of the distance between the centres of the earth and the object, directly proportional to the mass of the object, and directly proportional to the mass of the earth.
More gravitational forces will be used to attract heavier things since the gravitational force is directly proportional to the mass of both interacting objects. Hence, the gravitational pull between two objects grows as their respective masses do as well.
F = m x a
Masses m = F / a
Masses m = 25/ 0.36
Masses m = 69.44 kg
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Online ads that incorporate animation, video, sound, and interactivity are called ________. A) search-related ads B) parody ads C) content-based ads D) digital catalogs E) rich media ads
Correct option is E. Online ads that incorporate animation, video, sound, and interactivity are called rich media ads.Rich media ads refer to online advertisements that include various forms of interactive digital media, such as animation, video, sound, and interactivity.
They use advanced technology to create ads that provide an immersive, engaging experience for users.Rich media ads have the ability to create more interaction between the user and the advertiser. They can be served in a variety of formats, including banner ads, pop-ups, and videos. These ads typically require higher bandwidth and longer loading times compared to standard ads. They are often used for branding campaigns and can be more expensive than traditional banner ads because of the extra resources required to produce and run them.
Overall, rich media ads provide a more engaging and interactive experience for the user, making them more memorable and effective.
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Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs. b. Wages drop below the level of minimum wage. Companies have difficulties recruiting workers. d. Companies stop looking for people to fill unfilled jobs.
Answer:
Option "C" is correct.
Explanation:
Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.
Answer:
Option C is Correct
Explanation:
this was a question in our class today, The answer is C.
Explain five steps in product design for a business
Explanation:
Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.
What is not a potential risk of purchasing a used car?a) used cars can require repairs soonerb) warranties can be very limitedc) used cars can have lower initial costd) unexpected issues may arise
used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise
hope this helps <3
Starbucks created the Starbucks College Achievement Plan that offers eligible
employees full tuition to earn a Bachelor's degree in partnership with Arizona State
University. This action represents the
dimension of social responsibility.
The aforementioned action represents the philanthropic activities dimension of social responsibility.
What is CSR?CSR is abbreviation for corporate social responsibility and it can be defined as a business organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people living in the environment where it operates, and usually as it conduct its business operations.
Basically, corporate social responsibility (CSR) is typically focused on improving the society through any positive and beneficial means possible.
Corporate social responsibility requirements stages.Generally speaking, there are four different corporate social responsibility requirements stages and these include the following:
Financial and economic viability.Compliance with legal and regulatory requirements.Ethics, principles, and values.Philanthropic activities such as offering eligible employees full tuition, in order to enable them a Bachelor's degree.In this context, we can reasonably infer and logically deduce that the aforementioned action represents the philanthropic activities dimension of social responsibility.
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Errors that affect the trial balance usually involve only one account in any transaction. That account has either one of the following:
An over-debit or an over-credit
An under-debit or an under-credit
Rectification of trial balance errors requires only one entry in the relevant account. This brings the trial balance back to agreement.
However, when a trial balance is out of the agreement at the end of a period, it is common to open a Suspense Account and to enter the difference in trial balance into this account.
Errors that affect the trial balance typically involve only one account in any transaction. These errors can result in either an over-debit or an over-credit, or an under-debit or an under-credit in that specific account.
When such errors occur, rectifying them usually requires only one entry in the relevant account, which helps bring the trial balance back into agreement.
However, if the trial balance is still out of balance at the end of a period, it is common practice to open a Suspense Account and enter the difference in the trial balance into this account.
In accounting, the trial balance is a statement that lists the balances of all accounts in the ledger to ensure that debits equal credits. Errors that affect the trial balance typically involve recording incorrect amounts or omitting entries in a specific account.
These errors may result in an over-debit or an over-credit (when the account is debited or credited more than it should be) or an under-debit or an under-credit (when the account is debited or credited less than it should be).
To rectify such errors, an adjusting entry is made in the relevant account to correct the over or under amount. This adjustment helps restore the trial balance's agreement by offsetting the erroneous entry. However, if the trial balance still doesn't balance after making the necessary adjustments, a Suspense Account is opened.
The difference in the trial balance is then entered into the Suspense Account, which serves as a temporary placeholder until the error is identified and rectified.
Rectifying trial balance errors is essential for ensuring the accuracy of financial statements and maintaining the integrity of the accounting records.
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Consider a closed economy. If aggregate desired saving is greater than aggregate desired investment, then: O a. The economy is not in equilibrium b. The economy is in equilibrium if the interest rate is above 0% O c. The interest rate has to increase in order the economy to attain equilibrium O d. The investment curve has to shift to the left and then the economy will reach an equilibrium even if the interest rate does not change QUESTION 6 Consider an open economy. If aggregate desired saving is greater than aggregate desired investment, then: O a. Current account balance is positive O b. Current account balance is negative O c. Financial account balance is positive O d. Interest rate is negative
The financial account balance may or may not be positive depending on whether foreign investors are willing to invest in the country or not. The interest rate cannot be negative in a market-based economy.
If aggregate desired saving is greater than aggregate desired investment in a closed economy, then the economy is not in equilibrium. In order for the economy to attain equilibrium, the interest rate has to increase to encourage more investment and discourage saving. Therefore, option (c) is the correct answer. In an open economy, if aggregate desired saving is greater than aggregate desired investment, then the current account balance will be negative. This is because the country will need to borrow from other countries to finance its investment. Therefore, option (b) is the correct answer.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
Boeing with it's 787 program initially tried to use a Build to Print strategy to ensure quality and timeliness in the delivery of the first customer orders. Group of answer choices True False
c. Describe the role a sales person would play in selling this type of product. How
much help would customers be likely to need from the sales person? (1-3 sentences.
3.0 points)
Answer:
The role a sales person would play is helping a customer find which product works best for them and the company. The customers are likely to need a lot of help because you need a sales person to get a phone or laptop at apple.
Explanation:
Yeah so i'm the dude from the last question about apple. Idek if im doint this right but it sounds right but then again im zooted rn
What is the key to personal fulfillment in your job ?
Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answer:
market performance
the company's financial health
the economy
Explanation:
Stocks or shares represent small units of ownership in a business. The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.
Share that shows signs of good returns attract many buyers. Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.
Answer:
1, 2, 5
Explanation:
Jeremy is working on a spreadsheet. Which part of the information processing cycle will justify Jeremy's use of the spreadsheet and give the final output?
A. processing
B. input
C. output
D. storage
E. data entry
Answer:
A
Explanation:
if its wrong than forsure d
Answer:
its b
Explanation:
im taking the test on plato
Which statement explains how a credit card is a form of financial exchange?
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.
Each credit card has a certain monetary value, which users exchange with each other like currency.
Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.
Answer:
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
Explain the various segments of the NSE
Answer:
NSE provides trading in the following two segments (i) Whole Sale Debt Market Segment This segment provides a trading platform for a wide range of fixed income securities that include central government securities, treasury bills, state development loans, bonds issued by public sector undertakings, floating rate bonds, ...
Do you think lance is right to be concerned about leroy's plan for growth
Answer:
yes
please mark as brainliest
What do individuals and households provide to the government?
Match each type of tax with an example of its use.
category 1:
Property Tax
Capitol gains tax
Personal income tax
category 2:
□ 1% charged on the value of a home.
□ 20% charged on wages earned.
□ 2% charged on profits from selling a house.
Answer:
Hmm What do you. mean?
Explanation:
an ideal competitive environment from a profit-making standpoint is when:
A. Rivalry is moderate, and high entry barriers and good substitutes do not exist.
B. Rivalry is high, entry barriers are low, and there are many substitutes.
C. Rivalry is high, buyers and sellers have strong bargaining power, and entry barriers are low.
D. Rivalry is moderate, entry and exit barriers are low, and there are many substitutes.
The ideal competitive environment from a profit-making standpoint is when rivalry is moderate, entry and exit barriers are low, and there are many substitutes (Option D).
In an ideal competitive environment, moderate rivalry ensures that there is enough competition to drive businesses to improve and innovate, but not so intense that it leads to price wars and erodes profits. Low entry and exit barriers allow new firms to enter the market easily, fostering competition and preventing monopolistic behavior. Additionally, the presence of many substitutes provides consumers with alternatives, giving them the power to choose based on price and quality. This combination creates a balance between competition and profitability for firms operating in the market.
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What is the chief benefit to using a
Capitalistic economic system where
the government does not interfere
with the operation of the free market
(Supply & Demand)?
A. Society always maximizes its economic surplus and
opportunity.
B. A small percentage of the population takes control
of a large percentage of the available resources.
C. The most educated in society make the most
influential decisions.
Answer: A
Explanation: I had it
Question 21 Muple Choice Worth 4 points)
(01.08 MC)
Two siblings want to pool their inheritance money to make a joint investment. They are young and willing to accept moderate to high risk over many years. Which combination of investment options suits their needs?
O Money market account and bonds
O Mutual funds and stocks
O Savings aunt and bonds
O Stocks and futures
If two siblings want to pool their inheritance money to make a joint investment. They are young and willing to accept moderate to high risk over many years. The combination of investment options that suits their needs is: Mutual funds and stocks.
What is Mutual funds and stocks?
Mutual funds and stocks can be defined as the investment a person engages and this investment has to do with buying stock, assets among others.
Based on the given scenario Mutual funds and stocks is the investment options that will best suit the two siblings need since they want to make a joint investment.
Therefore the combination of investment options that suits their needs is: Mutual funds and stocks.
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