Rational persuasion or rationality is an influence tactic that was also found to be one of the most effective influence tactics.
Leaders can apply influence tactics to alter the attitudes, values, or actions of their workforce. The actual strategies that leaders employ change depending on the circumstance and the desired results. Middle management executives, for instance, employ a variety of strategies to persuade both their superiors and subordinates.
Despite the efficiency of these strategies, further investigation of these influence attempts revealed that pressure, trade, coalition, and weak rationale were the most often employed influence strategies.
The least popular technique, inspirational appeal, was discovered to be the most effective one. The other most successful persuasion techniques, however, were likewise found to be applied sparingly.
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question in photo! please answer in full detail!
The goal is to defend a policy proposal on trade or environmental sustainability the role is representative from a local community while the audience is World Bank.
How to explain the informationThe speech must be clear, concise, and persuasive. It must cite its sources accurately. It must be tailored to the specific audience of the World Bank.
Trade has the potential to lift people out of poverty and improve their standard of living. It can also help to protect the environment by promoting sustainable practices. For example, when countries trade with each other, they can share information about best practices in environmental protection. This can help to reduce pollution and conserve resources.
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Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answer:
I need points sorry plss forgive I really need it pls
Interventions strategies to reduce or prevent restrictions or barriers
Answer:
Intervention strategies to reduce restrictions or barriers can be implemented in various settings, such as healthcare, education, and workplaces, to promote accessibility and inclusivity. Some effective intervention strategies include:
1. Providing accommodations: Individuals with disabilities or other special needs may require specific accommodations to access certain environments or services. These accommodations can include physical modifications, assistive technology, or alternative communication methods. By providing these accommodations, restrictions and barriers can be reduced, allowing for greater participation and inclusion.
2. Educating stakeholders: Educating stakeholders, such as employers, educators, or healthcare providers, on disability awareness and inclusion can help to reduce biases and stereotypes that may contribute to restrictions and barriers. Training programs or workshops can help to increase understanding and empathy, ultimately leading to more inclusive practices.
3. Collaboration and consultation: Collaborating with individuals with disabilities or other stakeholders to identify and address barriers can be a powerful tool in reducing restrictions. By consulting those who are directly affected, solutions can be tailored to meet their specific needs, ultimately promoting greater accessibility and inclusion.
4. Policy and legislation: Policies and legislation that promote accessibility and inclusion can help to reduce restrictions and barriers on a systemic level. For example, the Americans with Disabilities Act (ADA) requires certain accommodations to be made in public spaces, promoting accessibility for individuals with disabilities.
Overall, implementing intervention strategies that reduce restrictions and barriers can help to promote greater accessibility and inclusion in various settings. By providing accommodations, educating stakeholders, collaborating with individuals with disabilities, and promoting policies and legislation, we can work towards creating a more inclusive and accessible society for all.
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Explanation:
Suppose the real risk-free rate is 3.50%, the average future inflation rate is 2.50%, a maturity premium of 0.20% per year to maturity applies, i.e., MRP = 0.20%(t), where t is the years to maturity. Suppose also that a liquidity premium of 0.50% and a default risk premium of 0.80% applies to A-rated corporate bonds. What is the difference in the yields on a 5-year A-rated corporate bond and on a 10-year Treasury bond? Here we assume that the pure expectations theory is NOT valid, and disregard any cross-product terms, i.e., if averaging is required, use the arithmetic average.
The difference in the yields on a 5-year A-rated corporate bond and on a 10-year Treasury bond is 0.3%
Elaborating :
step1: calculate yield on 5-year A = rated bonds
MRP of 5-year bonds = 0.20% × 5 = 1%
yield on A_rated bond = r* + IP + MRP + DRP + LP
= 3.5% + 2.5% + 1% + 0.8% + 0.5%
= 8.3%
step2: calculate yield on 10-year treasury bonds
MRP on 10-year bonds = 0.20% × 10 = 2%
yield on treasury bond
= r* + IP + MRP
= 3.5% + 2.5% + 2%
= 8%
step 3: calculate difference
difference = 8.3% - 8% = 0.3%
Treasury bonds: what are they?
Treasury bonds are government-issued debt securities. By buying a bond with a fixed interest rate, you basically lend money to the government. In return, the government will reimburse you for a predetermined period of time with a fixed interest rate.
Are Treasury bonds a good investment?Those seeking security and a fixed interest rate that is paid semiannually until the bond's maturity may find Treasury bonds to be a good investment. Because of their steady return, bonds are an important part of an investment portfolio's asset allocation because it helps offset the volatility of equity prices.
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true or false the majority of managerial communication is written in one form or another.
Explanation:
One form of verbal communication is called paralanguage.
True or False
False
Julia Dumars is a licensed CPA. During the first month of operations of her business, Julia Dumars, Inc., the following events and transactions occurred.
May 1 Stockholders invested $21,300 cash in exchange for common stock.
2 Hired a secretary-receptionist at a salary of $2,800 per month.
3 Purchased $1,500 of supplies on account from Vincent Supply Company.
7 Paid office rent of $760 cash for the month.
11 Completed a tax assignment and billed client $2,900 for services performed.
12 Received $2,900 advance on a management consulting engagement.
17 Received cash of $1,800 for services performed for Orville Co.
31 Paid secretary-receptionist $2,800 salary for the month.
31 Paid 40% of balance due Vincent Supply Company.
Julia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.
a. Journalize transactions
b. Post to ledger accounts
c. Prepare Trial Balance
a. The preparation of the journal entries for Julia Dumars, Inc. is as follows:
May 1 Debit 101 Cash $21,300
Credit 311 Common Stock $21,300
May 3 Debit 126 Supplies $1,500
Credit 201 Accounts Payable (Vincent Supply Company) $1,500
May 7 Debit 729 Rent Expense $760
Credit 101 Cash $760
May 11 Debit 112 Accounts Receivable $2,900
Credit 400 Service Revenue $2,900
May 12 Debit 101 Cash $2,900
Credit 209 Unearned Service Revenue $2,900
May 17 Debit 101 Cash $1,800
Credit 400 Service Revenue $1,800
May 31 Debit 726 Salaries Expense $2,800
Credit 101 Cash $2,800
May 31 Debit 201 Accounts Payable (Vincent Supply Company) $600 Credit 101 Cash $600
b. The ledger accounts are as follows:
No. 101 CashDate Account Titles (with codes) Debit Credit
May 1 311 Common Stock $21,300
May 7 729 Rent Expense $760
May 12 209 Unearned Service
Revenue $2,900
May 17 400 Service Revenue $1,800
May 31 726 Salaries Expense $2,800
May 31 201 Accounts Payable
(Vincent Supply Company) $600
May 31 Balance $21,840
No. 112 Accounts ReceivableDate Account Titles (with codes) Debit Credit
May 11 112 Service Revenue $2,900
No. 126 SuppliesDate Account Titles (with codes) Debit Credit
May 3 Accounts Payable (Vincent
Supply Company) $1,500
No. 201 Accounts PayableDate Account Titles (with codes) Debit Credit
May 3 126 Supplies $1,500
May 31 101 Cash $600
May 31 Balance $900
No. 209 Unearned Service RevenueDate Account Titles (with codes) Debit Credit
May 12 101 Cash $2,900
No. 311 Common StockDate Account Titles (with codes) Debit Credit
May 1 101 Cash $21,300
No. 400 Service RevenueDate Account Titles (with codes) Debit Credit
May 11 112 Accounts Receivable $2,900
May 17 101 Cash $1,800
May 31 Balance $4,700
No. 726 Salaries and Wages ExpenseDate Account Titles (with codes) Debit Credit
May 31 101 Cash $2,800
No. 729 Rent Expense.Date Account Titles (with codes) Debit Credit
May 7 101 Cash $760
c. The trial balance is as follows:
Julia Dumars, Inc.
Trial BalanceAs at May 31
Account Titles Debit Credit
Cash $21,840
Accounts Receivable 2,900
Supplies 1,500
Accounts Payable $900
Unearned Service Revenue 2,900
Common Stock 21,300
Service Revenue 4,700
Salaries & Wages Expense 2,800
Rent Expense 760
Totals $29,800 $29,800
Data Analysis:May 1 101 Cash $21,300 311 Common Stock $21,300
May 3 126 Supplies $1,500 201 Accounts Payable (Vincent Supply Company) $1,500
May 7 729 Rent Expense $760 101 Cash $760
May 11 112 Accounts Receivable $2,900 400 Service Revenue $2,900
May 12 101 Cash $2,900 209 Unearned Service Revenue $2,900
May 17 101 Cash $1,800 400 Service Revenue $1,800
May 31 726 Salaries Expense $2,800 101 Cash $2,800
May 31 201 Accounts Payable (Vincent Supply Company) $600 101 Cash $600
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The numbers of copies of a college textbook sold quarterly over the past four years are: Since the time series has trend and seasonal pattern, to forecast the quarterly sales of the textbook, the following regression equation was found:
yt= 2120 - 620 Qtr1t - 1320Qtr2t+290Qtr3t + 24t
where Qtr1t , Qtr2t and Qtr3t are dummy variables corresponding to Quarters 1, 2 and 3, and t = time period.
The sales forecast for Quarter 4 of the next year is:_______
a. 2600
b. 1232
c. 2006
d. 1874
The sales forecast for Quarter 1 of the next year is
a. 1908
b. 1432
c. 2206
d. 1874
Answer:
2,600 textbook. 1,908 textbooks.Explanation:
1. The equation is based on the past four years so in calculating the time period for Quarter 4 next year, the time period is:
t = (4 * 4 periods) + 4 periods next year
t = 20
Sales forecast is therefore:
= 2,120 + 24t
= 2,120 + 24 * 20
= 2,600 textbooks
2. The time period will be:
t = (4 * 4 periods) + 1 quarter
t = 17 quarters
Sales forecast:
= 2,120 - 620 + 24t
= 2,120 - 620 + 24 * 17
= 1,908 textbooks.
Which of the following tips can help you engage the audience as you speak?
A. Budgeting time
B. Using notecards
C. Speaking quietly
D. Eye contact
Answer:
D. Eye Contact
Explanation:
The answer D. Eye contact because that is an essential thing to help you engage with your audience when you are doing a speech.
Answer:
D. eye contact
Explanation:
on edge
Johnson corporation began the year with inventory of 14,000 units of its only product. units cost $8 each. The company uses a Perpetual inventory system and the fifo cost method. The following transactions occurred during the year: a. purchase 70,000 additional units at a cost of $10 per unit. Terms of the purchases were 2 /10 n/ 30, and 100% of the purchases were paid within the 10-day discount. The company uses the gross method to record purchase discounts. The merchandise was purchased f. O. B. Shipping point and Freight charges of $0.40 per unit were paid by Johnson. b. 1400 units purchased during the year will return to suppliers for credit. Johnson was also given credit for the freight charges of $0.40 per unit it had paid on the original purchase. The units were defective and were returned two days after they were received. c. sales for the year totaled 65,000 units at $18 per unit. d. on December 28th Johnson purchased 5400 additional units at $10 each. The goods were shipped f. O. B. Destination and arrived at Johnson's Warehouse on January 4th of the following year e. 17600 units were on hand at the end of the year. required: 1. for financial reporting purposes, the company uses lifo (amounts based on the Periodic inventory system). Record the year-end adjusting entry for the lifo reserve, assuming the balance in the lifo Reserve at the beginning of the year it's $15,800 2. determine the amount the company would report as income before taxes for the year under lifo. Operating expenses other than those indicated in the above transactions amounted to $158,000
Finish the sentence
A ____ is a small piece of ownership in a company
A. Mutual Fund
B. Derivative
C. Bond
D. Stock
According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance
Nvm its b and c
Answer:
Wat
Explanation:
Answer:
b & c (did the assignment on edg) ;)
Explanation:
Rajiv has a liability on his car. How is this BEST demonstrated?
You Answered
He has insurance in case of an accident.
He owns his car with no debts.
Correct Answer
He owes $15,000 on his car.
He is trying to sell his car.
CORRECT ANSWER: he owest $15,000 on his car.
Rajiv's liability on his car is best demonstrated by stating that he owes $15,000 on his car and that he is trying to sell it to pay off his debt.
When we talk about liabilities, we are referring to the amount of money that a person owes to another person or an institution. In the case of Rajiv, the fact that he has a liability on his car means that he owes money to someone or an institution for his car. In this context, it is best demonstrated by stating that Rajiv owes $15,000 on his car. This means that he has taken a loan from someone or an institution to purchase the car and he is yet to pay back the amount he borrowed. Another indication that Rajiv has a liability on his car is the fact that he is trying to sell it.
Selling the car would allow Rajiv to raise the money he needs to pay back his loan and become debt-free. This means that the sale of the car would go towards paying off the liability he owes on his car. While having insurance in case of an accident is a wise decision for any car owner, it does not necessarily demonstrate that Rajiv has a liability on his car. Insurance is a safety net that protects a car owner in case of an accident or damage to the car. However, it does not necessarily indicate that the car owner has a liability on their car.
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How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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3. Mr. and Mrs. Howard want to buy a home valued at $280,000. If they have 15% of this amount saved for a down payment, how much have they saved?
Answer:
they have 42,000 saved I hope I'm right
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Because the liquidity-preference framework focuses on the:
a.short run, it assumes the price level adjusts to bring the money market to equilibrium.
b.short run, it assumes the interest rate adjusts to bring the money market to equilibrium.
c.long run, it assumes the price level adjusts to bring the money market to equilibrium.
d.long run, it assumes the interest rate adjusts to bring the money market to equilibrium.
Answer:
B. Short run, it assumes the interest rate adjusts to bring the money market to equilibrium
Explanation:
This theory is explained to be a model that suggests that an investor should demand a higher interest rate or premium on securities with long-term maturities that carry greater risk because, all other factors being equal, investors prefer cash or other highly liquid holdings.
According to this theory, which was developed by John Maynard Keynes in support of his idea that the demand for liquidity holds speculative power, investments that are more liquid are easier to cash in for full value. Cash is commonly accepted as the most liquid asset. According to the liquidity preference theory, interest rates on short-term securities are lower because investors are not sacrificing liquidity for greater time frames than medium or longer-term securities.
Which of the following information is not displayed on a company’s profile (tearsheet) page on Capital IQ?
The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
What is a Tearsheet page?A tear sheet, can be regarded as the fact sheet, which is usually a one-page document that comprises the key financial information that concern a particular company.
It do contain the overview of leadership and services and This page provides the necessary business description as well as the, industry classification of the investors, hence The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
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Decision Point: Getting to Know the Company
Your first step as a turnaround consultant is to get more familiar with the company. What should you review first in order to understand more about the company?
The mission statement was your choice. The wisest company decision was that. The organization's mission statement is a great place to start because it describes how the organisation will fulfil its purpose in the context of the environment in which it operates.
An essential tool for determining how well your company has done in relation to its objectives is strategic evaluation. It's a crucial way to evaluate your successes and shortcomings and is also helpful for organization's your goals, which may have been set at a different time or under different conditions. Review strategies are methods for re-engaging with previously learned material to keep it current in your memory.
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Graphs can be used to estimate information not represented on the graph. Please select the best answer from the choices provided T F
Answer:
True :)
Explanation:
The answer is true :)
Please mark brainliest if you get it right! :)
Answer:
True shahzadanwar25
is correct.
(give that person brainliest lol)
In 6 years, the P/E ratio is expected to be 25 and the payout ratio to be 80%. What is the current stock price when using the P/E ratio
Complete Question:
A stock just paid an annual dividend of $7.7. The dividend is expected to grow by 5% per year for the next 6 years. In 6 years, the P/E ratio is expected to be 25 and the payout ratio to be 80%.
The required rate of return is 8%.
What should be the current stock price?
Answer:
$245.10
Explanation:
As we know that:
P/E = Market Price of Stock / Earning Per Share
Here
P/E is 25 time
Earning Per Share is $12.9 per share (Step1)
By putting values, we have:
25 Times = Market Price of Stock / $15.6 per share
25 Times * $12.9 per share = Market Price of Stock
Market Price of Stock = $322.5 per share
Present value computation for first 6 years:
Yrs Future Cash flow Discount Factor Present Value
1 $7.7 *(1.05)^1 0.926 7.49
2 $7.7 *(1.05)^2 0.857 7.28
3 $7.7 *(1.05)^3 0.794 7.08
4 $7.7 *(1.05)^4 0.735 6.88
5 $7.7 *(1.05)^5 0.681 6.69
6 $7.7 *(1.05)^6 + $322.5 0.630 209.68
Present value of stock $245.10
Step1: Find Earning Per Share
As we know that:
Earning Per Share = Dividend / Payout Ratio
Here
Dividend after 6 years = $7.7 (1 + 5%)^6 = $10.32 per share
Payout Ratio = 80% = 0.8
By putting values, we have:
EPS = $10.32 / 0.8 = $12.9 per share
Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!
Which sentence in this excerpt from Ambrose Bierce's "An Occurrence at Owl Creek Bridge" uses personification? Excepting the group of four at the center of the bridge, not a man moved. The company faced the bridge, staring stonily, motionless. The sentinels, facing the banks of the stream, might have been statues to adorn the bridge. The captain stood with folded arms, silent, observing the work of his subordinates, but making no sign. Death is a dignitary who when he comes announced is to be received with formal manifestations of respect, even by those most familiar with him. In the code of military etiquette silence and fixity are forms of deference.
Answer:
The sentence in this excerpt from Ambrose Bierce's "An Occurrence at Owl Creek Bridge" that uses personification is:
Death is a dignitary who when he comes announced is to be received with formal manifestations of respect, even by those most familiar with him.
Explanation:
Here, Ambrose Bierce or the narrator addresses death as a person. He makes death to become a dignitary, capable of visiting a person or community. Grammatically, personification is a literary device or a figure of speech in which human attributes or characteristics are ascribed to non-human things or objects as if they were human. It uses metaphor, another literary device, to achieve this attribution.
Answer:
Death is a dignitary who when he comes announced is to be received with formal manifestations of respect, even by those most familiar with him.
Explanation:
Question 1 of 5
What type of goal can help you be prepared for unexpected costs, such as
car repairs?
Long-term financial goal
An emergency fund
Retirement savings
Short-term financial goal
Subsi
Continue
A goal that can help you to be prepared when there are unexpected costs such as car repairs is An emergency fund.
How can you be prepared for unexpected costs?In order to be prepared for unexpected costs, the best thing to do is to have an emergency fund where you are able to save for when you may have to spend money that you are not prepared for.
The emergency fund would be best placed into an account that can earn interest but at the same time can be eaisly accessible. This was you can earn more money while saving for emergencies, and also be able to use the money for those unexpected costs.
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Shane is a newly hired inventory manager at a manufacturing firm. What can he do to avoid shortages or excess quantity of inventory?
Answer:
take inventory on how much product he has and how much he needs
Explanation:
Answer:
Honestly not sure but I personally put "C. plan appropriate order cycles for the inventory"
Explanation:
Plato
it’s busy at the bakery counter and a loyal customer/member stops you to chat as he’s talking you notice another customer/member nearby who needs help.
Working in a bakery, a place that is always busy means having to multitask frequently. It's typical for a regular customer to stop by and ask how things are going or how the day is going. While they might mean well, it's vital to be alert and conscious of any other customers who may require assistance.
If you are working the bakery counter and one of your regulars, who is also a loyal customer/member, stops you for a chat, it's your duty to be courteous and give them a listening ear. You don't want to come across as rude or dismissive of them, especially if they are a regular customer. You must, however, also be attentive to your surroundings and the needs of other customers.
During a conversation, you must keep an eye on the other customers who are waiting in line or who may have a question. Take the time to listen to your customer, but remain aware of your surroundings. Maintain eye contact with the customer who is talking to you while also keeping an eye on the other customers in line.
If you notice that the other customer needs assistance, such as if they are raising their hand, looking around, or seeming agitated, you should politely interrupt the conversation and assist them. You can tell the customer that you are eager to help them but that you need to address the needs of the other customer first. They will understand and appreciate the honesty and effort.
In conclusion, it's critical to maintain a balance between showing concern for regular customers and being attentive to the needs of other customers. Being courteous and attentive to your customers is critical in the bakery business, as it can make or break your reputation and business.
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How does risk influence the rate of interest?
Answer:
Interest rate risk directly affects the values of fixed income securities. Since interest rates and bond prices are inversely related, the risk associated with a rise in interest rates causes bond prices to fall and vice versa. Interest rate risk affects the prices of bonds, and all bondholders face this type of risk.
Explanation:
Hope this helped Mark BRAINLEST!!
If an employee’s employment is terminated, and they are governed by a collective agreement or the organization policy that provides greater than the employment or labor standards, then:
a the collective agreement or the organization’s policy prevails
b the employment or labor standards prevails
c call the ministry of Labor for a ruling
d none of the above
Answer:
A
Explanation:
the collective agreement prevails since it is a contract job.
if the contract of the job is breached, then call the ministry of labour for a ruling
Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $10,000 in student loans. She asks for your help in determining the amount of the quarterly loan payment. She tells you that the loan must be paid back in five years and that the annual interest rate is 8%. Payments begin in three months.
Required:
Determine Sandy's quarterly loan payment.
Answer: $611.57 or $612 rounded to nearest dollar.
Explanation:
She would have to make a constant payment per quarter which makes it an annuity.
The $10,000 is the present value of the annuity.
The quarters remaining are = 5 years * 4 = 20 quarters
Quarterly interest = 8%/4 = 2%
10,000 = Annuity * Present Value of Annuity factor, 20 periods, 2%
10,000 = Annuity * 16.3514
Annuity = 10,000/16.3514
= $611.57
Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol?
Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol? In most countries around the world, the legal drinking age is 18 years old or above. In the United States of America, it is 21 years old.
Leslie, born in 2002, is currently 19 years old. This implies that Leslie can purchase alcohol if she resides in a country where the legal drinking age is 18 years or above.
A few countries, such as Italy, allow 16-year-olds to drink beer or wine with a meal if they are accompanied by an adult.
However, these laws vary from one country to another, and the safest bet is to look up the drinking laws in your specific country or region to learn more about legal drinking ages.
Alcohol is harmful when consumed in excessive quantities, causing mental and physical problems.
Thus, it is critical to consume alcohol responsibly, regardless of the legal drinking age in one's region. If Leslie chooses to drink alcohol, she should only do so in moderation and not become addicted to it.
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If Dakota Company issues 1,500 shares of $6 par common stock for $75,000, Group of answer choices Common Stock will be credited for $75,000 Paid-In Capital in Excess of Par will be credited for $9,000 Paid-In Capital in Excess of Par will be credited for $66,000 Cash will be debited for $66,000
Answer:
Paid-In Capital in Excess of Par will be credited for $66,000
Explanation:
The journal entry to record the issuance of the shares is shown below:
Cash Dr $75,000
To common Stock $9,000 (1500 × $6)
To Paid in capital in excess of par $66,000
(Being the issuance of the shares is recorded)
Here cash is debited as it increased the assets and the other two accounts are credited as it increased the equity