State two reasons why people work
Answer:
earn money, make a change, fulfill their dreams
Explanation:
Money isn't the only reason why people work it's also for independence and have more control over their own life.
Explanation:
when you work you are also getting more skills and making more friends with people you have meet in you'r job.
Did the entrepreneur(s) get a deal from at least one Shark?
Answer:
One entrepreneur struck an agreement on-air with a shark that never materialized, and another struck a bargain that the shark later backed out of.
Explanation:
Why would a business pay for an employee's education?
Answer:
If yo u are a business and you pay for an employees' education It is a great way to add to your employees' skills and knowledge, which they can apply to your business to help make it a success.
Explanation:
Select the item that is not a part of the segmenting and targeting process.
The item that is not a part of the segmenting and targeting process is price determination. Price determination is a part of the marketing mix and involves setting the price for a product or service, whereas segmenting and targeting process focuses on identifying and selecting specific customer segments to tailor marketing efforts towards.
Segmenting and targeting process is a crucial part of marketing strategy that involves dividing the market into distinct groups of consumers (segments) based on certain criteria such as demographics, psychographics, behavior, or needs. Once the segments are identified, the next step is to select the most attractive segments (targeting) that align with the company's goals and capabilities.
The process typically includes several key steps, such as conducting market research to gather relevant data, analyzing the data to identify common characteristics or patterns among consumers, segmenting the market based on these characteristics, and evaluating the attractiveness of each segment based on factors like size, growth potential, competition, and compatibility with the company's resources and objectives. However, determining the price of a product or service is not a part of the segmenting and targeting process. Price determination is a separate aspect of marketing strategy and involves considering factors like production costs, competition, perceived value, and pricing objectives to set an appropriate price for the offering. While pricing decisions may consider the preferences and behaviors of target segments, it is not directly involved in segmenting and targeting process itself.
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Considering the impact of inflation, why is investing important?
Answer: An economic concept, the rate of inflation is important as it represents the rate at which the real value of an investment is eroded and the loss in spending or purchasing power over time. Inflation also tells investors exactly how much of a return (in percentage terms) their investments need to make for them to maintain their standard of living.
Explanation:
Draft an inquiry letter to Kathmandu trading interprisses, Kathmandu behalf of Shrestha trading produces and way of business
An inquiry letter to Kathmandu trading Enterprises is a formal letter which is expected to have a formal tone and follow the formats of a formal letter.
How to Write an Inquiry Letter?Below is a sample of an inquiry letter:
Dear Kathmandu Trading Enterprises,
I am writing to inquire about your trading products and your way of business on behalf of Shrestha Trading Produces. As a growing company, we are always on the lookout for potential business partners that can help us expand our reach and increase our product offerings. After doing some research, we came across your company and would like to learn more about what you have to offer.
Firstly, we are interested in learning more about the types of trading products that you offer. Could you please provide us with a list of your current offerings? Additionally, we would appreciate any information on the quality and pricing of these products. As we are always striving to provide our customers with the highest quality products at competitive prices, this information will be valuable to us.
Secondly, we are curious about your way of business. Could you please provide us with information on your ordering and payment processes, as well as any minimum order requirements? We would also appreciate any information on your shipping and delivery times.
Lastly, we would like to know more about your company culture and values. We believe that building strong relationships with our business partners is key to success, and we would like to work with companies that share our values and ethics.
Thank you for taking the time to read our inquiry, and we look forward to hearing back from you soon.
Sincerely,
[Your Name]
[Your Company Name]
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.The Banking Crisis of 2008
The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.
There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.
Fore each item listed, select how much it contributed to the banking crisis.
1. The repeal of some provisions of the Glass-Steagall Act of 1933
a) Major contributor
b) Not a major contributor
2. Savvy individual investors
a) Major contributor
b) Not a major contributo
3. The Community Reinvestment Act (CRA)
a) Major contributor
b) Not a major contributor
4. Borrowers’ lack of financial knowledge
a) Major contributor
b) Not a major contributor
5. The Troubled Asset Relief Program (TARP)
a) Major contributor
b) Not a major contributor
6. Mortgage-backed securities (MBSs)
a) Major contributor
b) Not a major contributor
The banking crisis of 2008 was the result of various factors, and it is important to evaluate their contributions to understand the scenario.
The repeal of certain provisions of the Glass-Steagall Act of 1933, which separated commercial and investment banking, is considered a major contributor to the crisis. The removal of these regulations allowed banks to engage in riskier activities, contributing to the collapse.
Savvy individual investors, the Community Reinvestment Act (CRA), and borrowers' lack of financial knowledge are not considered major contributors to the crisis. However, the Troubled Asset Relief Program (TARP), implemented to stabilize financial institutions, is regarded as a major contributor.
Additionally, mortgage-backed securities (MBSs), which were complex financial instruments tied to housing market risks, played a significant role in the crisis. Understanding these factors helps regulators prevent similar situations in the future.
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Vertical analysis of balance sheet
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:
Line Item Description Current Year Previous Year
Current assets $2,800,000 $1,840,000
Property, plant, and equipment 5,200,000 6,072,000
Intangible assets 2,000,000 1,288,000
Current liabilities 1,800,000 1,380,000
Long-term liabilities 3,600,000 3,680,000
Common stock 980,000 920,000
Retained earnings 3,620,000 3,220,000
Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. When required, round percentages to one decimal place.
The comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity will be
Description Prior Year Current Year Prior Year (%) Current Year (%)
Cash 0.00% 0.00%
Investments 0.00% 0.00%
Inventories 0.00% 0.00%
Accounts receivable 0.00% 0.00%
Pre-paid expenses 0.00% 0.00%
TOTAL 1,840,000 2,500,000 20.00% 25.77%
Property 6,072,000 5,200,000 66.00% 53.61%
and equipment
Leasehold improvements 0.00% 0.00%
Equity and other investments 0.00% 0.00%
Less accumulated 0.00% 0.00%
depreciation (Negative Value)
Intangible Assets 1,288,000 2,000,000 14.00% 20.62%
Charity 0.00% 0.00%
total 9,200,000 9,700,000 100.00% 100.00%
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Francisco's credit card has an APR of 13%, calculated on the previous
monthly balance, and a minimum payment of 2%, starting the month after the
first purchase. His credit card record for the last 7 months is shown in the
table below.
End of
month
2
3
4
5
6
Previous
balance
$0.00
$5200.00
$5152 33
$5105.10
$5058.31
$5011.94
$4966.00
New
charges
$5200.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Payment
received
50.00
$104.00
$103.05
$102.10
$101.17
$100.24
$99.32
Finance
charges
$0.00
$56.33
$55.82
$55.31
$54.80
$54.30
S53.80
Principal
pald
$0.00
$47.67
$47.23
$46.80
$46.37
$45.94
$45.52
New
balance
$5200.00
$5152 33
$5105.10
$5058.31
$5011.94
$4966.00
$4920.47
7
How much of the $5200 charge that Francisco made during the first month
has been paid off?
Answer:
$279.53
Explanation:
The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:
Principal paid =
$47.67+$47.23+$46.80+$46.37+$45.94+$45.52
=$279.53
Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.
Answer:
$279.53
Explanation:
a pex
fill in the blank ____ is valuable because it can be used as a nonbureaucratic conduit for information flows within a multinational enterprise.
Email serves as a valuable tool for facilitating information exchange within a multinational enterprise due to its nonbureaucratic nature and efficient communication capabilities.
In the context of a multinational enterprise, communication plays a crucial role in coordinating activities and sharing information across different locations and departments.
Email offers a practical solution as it allows for quick and direct communication between individuals regardless of their physical locations.
Unlike traditional bureaucratic channels, email provides a more streamlined and efficient means of conveying information, enabling timely responses and facilitating collaboration among employees spread across various regions.
Its digital format allows for the exchange of written messages, attachments, and even multimedia content, making it a versatile tool for effective communication within a multinational enterprise.
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A(n) __ can administer self-assessment tools to help you understand your personality and preferences .
True or false: All other things being equal, taxpayers should prefer to recognize income during high-tax-rate years.
The statement that All things being equal, taxpayers, should prefer to recognize deductions during high tax-rate years is True.
Who are taxpayers?The taxpayers are individuals or organization that is been given responsibility by the government to pay their tax.
However, taxpayers, should prefer to recognize deductions in the period of income during low-tax rate years.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
the adjustment for underapplied overhead
Answer: The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.
Australia has decided it will no longer feature what on its paper currency?
If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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selling and administrative costs incurred are treated as ______.
On the income statement, selling and administrative expenditures are shown as expenses as they are incurred. Journal entry that credits Manufacturing overhead and debits Manufacturing overhead.
Are marketing and management costs often incurred over time?Costs incurred within a particular period include overhead and SG&A expenses. SG&A expenses cover corporate office expenses, sales and marketing expenses, as well as costs associated with managing the business operations as a whole. Unlike product costs, which are assigned to a specific product or the cost of inventory, period costs are not the same.
consists of the costs associated with purchasing a product?When we talk about acquisition costs, we're talking about the money spent on purchasing fixed assets, paying for costs associated with gaining new clients, or buying out a rival business. The complete cost of fixed costs can be determined using this. assets because it includes items such as legal fees and commissions and removes discounts and closing costs.
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Reversing Rapids Co. purchases an asset for $139,876. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20.00%, 32.00%, 19.20%, and 11.52% respectively. Reversing Rapids has a tax rate of 30%. The asset is sold at the end of year 4 for $13,670. Calculate book value of an asset. Round the answer to two decimals.
The book value of the asset at the end of year 4 is $42,964.06.
To calculate the book value, we need to determine the accumulated depreciation over the first four years and subtract it from the initial cost of the asset.
Year 1 depreciation: $139,876 * 20.00% = $27,975.20
Year 2 depreciation: $139,876 * 32.00% = $44,761.92
Year 3 depreciation: $139,876 * 19.20% = $26,865.79
Year 4 depreciation: $139,876 * 11.52% = $16,122.91
Total accumulated depreciation = $27,975.20 + $44,761.92 + $26,865.79 + $16,122.91 = $115,725.82
Book value at the end of year 4 = Initial cost - Accumulated depreciation + Gain (or - Loss) from the sale
Book value at the end of year 4 = $139,876 - $115,725.82 + $13,670 = $42,964.06
Therefore, the book value of the asset at the end of year 4 is $42,964.06.
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Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
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what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answer:
b
Explanation:
hope itttttt helps
snack Ska BMX she
Who do you think has the most
influence?
Answer:
because the influence is an important
Suppose that Florida Bank has recently granted a loan of $2 million to Oyster Farms at LIBOR plus 0. 5 percent for six months. In return for granting Oyster Farms an interest-rate cap of 6. 5 percent on its loan, this bank has received from this customer a floor rate on the loan of 5 percent. Suppose that, as the loan is about to start, LIBOR declines to 4. 25 percent and remains there for the duration of the loan. How much (in dollars) will Oyster Farms have to pay in total interest on this six-month loan with floor and without floor?How much in interest rebates will Oyster Farms have to pay due to the fall in LIBOR?
Oyster Farms will have to pay a total interest of $95,000 on the six-month loan without the floor rate, and $100,000 with the floor rate. They will receive an interest rebate of $5,000 due to the fall in LIBOR.
Without the floor rate, Oyster Farms would have to pay interest at a rate of LIBOR plus 0.5 percent, which equals
4.25% + 0.5% = 4.75%.
With a loan amount of $2 million, the total interest payment without the floor rate would be
$2,000,000 * 4.75% = $95,000.
With the floor rate of 5 percent, Oyster Farms would have to pay interest at a rate of 5 percent, regardless of the decline in LIBOR to 4.25 percent. Again, with a loan amount of $2 million, the total interest payment with the floor rate would be
$2,000,000 * 5% = $100,000.
Since LIBOR declined, Oyster Farms will receive an interest rebate due to the fall in LIBOR. The difference between the interest payment without the floor and the interest payment with the floor is
$100,000 - $95,000 = $5,000.
Therefore, Oyster Farms will receive an interest rebate of $5,000.
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Because you greatly dislike a commute that is longer than ten minutes you must find a job that is close to where you live. What is a short commute an example of?.
Answer:
a need
Explanation:
you need a shorter commute.
A union has successfully negotiated for its members to get 5% raises annually. If a union member currently has a salary of $87,300, what will her salary be in 9 years
Based on the amount that the member's income will be raised, the salary of a member in 9 years would be $135,430.95.
What would be the union member's salary in 9 years?This can be found by the formula:
= Current income x ( 1 + rate) ^ number of years
Solving gives:
= 87,300 x ( 1 + 5%)⁹
= 87,300 x 1.05⁹
= $135,430.95
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a future is a type of forward contract that is standardized usually in terms of
A future is a type of forward contract that is standardized usually in terms of the underlying asset, delivery date, and quantity.
A future is a financial contract between two parties, where they agree to buy or sell a specific asset at a predetermined price and date in the future. The asset in question can be a commodity, currency, stock index, or any other financial instrument.
Unlike a forward contract, which is customized according to the specific needs of the parties involved, futures contracts are standardized and traded on exchanges. This means that the terms of the contract, such as the delivery date, quantity, and quality of the asset, are predetermined by the exchange and cannot be altered.
The standardization of futures contracts provides several benefits, including increased liquidity, price transparency, and reduced counterparty risk. By trading on a regulated exchange, buyers and sellers can easily find a counterparty and can be confident that the terms of the contract will be fulfilled.
In summary, a future is a standardized forward contract that specifies the delivery date, quantity, and quality of an underlying asset. Trading futures contracts provides benefits such as increased liquidity and reduced counterparty risk.
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Why are tradeoffs necessary?
a. Resources are limited
b. People want different things
C. Every product has flaws
d. Advertisers promote products
Answer:
trade offs are necessary because resources are limited,people want different things, every product has flaws, and advertisers can promote products.
Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answer:
b) Rewards for using your debit card
Explanation:
If it’s a saving account why would I using my debit?
1. Explain why the long-run equilibrium of firms in an industry featuring monopolistic competition differs from firms in perfect competition. Explain how the incentive for each firm to increase its sa
The long-run equilibrium of firms in monopolistic competition differs from firms in perfect competition due to product differentiation and limited barriers to entry.
In monopolistic competition, each firm offers a differentiated product, leading to a downward-sloping demand curve. This allows firms to have some pricing power and influence over the market.
In contrast, firms in perfect competition offer homogeneous products, resulting in a perfectly elastic demand curve. They are price takers and have no control over prices.
The incentive for each firm in monopolistic competition to increase its sales is driven by the desire to capture a larger market share and increase its profitability. By differentiating their products, firms aim to attract customers and build brand loyalty. This can be achieved through advertising, product innovation, or quality improvements. By doing so, firms can generate demand and gain a competitive edge in the market.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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describe why corporations became popular
Corporations became popular because they offered several advantages over other business structures, including limited liability, flexibility, and access to capital.
They also benefited from government policies and laws that encouraged their formation and growth. Today, corporations are a dominant form of business organization, and they play a significant role in the global economy.
In addition, corporations offered several advantages over other business structures, such as sole proprietorships and partnerships. One of the key advantages was limited liability, which meant that the personal assets of shareholders were protected in the event of business failure or legal action. This gave investors more confidence to invest in businesses and reduced the risks associated with business ownership.
Corporations also allowed for greater flexibility in terms of ownership, management, and operations. They made it easier to transfer ownership, raise capital through the sale of stocks or bonds, and hire professional managers to run the business. This helped to professionalize business operations and improve efficiency and profitability.
Another factor that contributed to the popularity of corporations was government policies and laws that favored their formation and growth. For example, governments provided tax breaks and subsidies to corporations, and allowed them to operate across state and national borders, which facilitated their expansion and growth.
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