The expected total rate of return is calculated by taking the expected dividend yield and adding it to the expected growth rate 16.7%.
What is total rate?Total rate is the sum of all the rates or charges associated with a particular transaction. It is the cost for a service or product after all taxes and fees have been added to the base price. It is also referred to as the grand total or the all-inclusive rate.
Growth Rate in Dividends: The growth rate in dividends is calculated by taking the final dividend amount, subtracting the initial dividend amount, and dividing the result by the initial dividend amount.
Growth Rate = (1.2224 - 1.09) / 1.09 = 0.12
Dividend Yield: The dividend yield is calculated by taking the annual dividend amount and dividing it by the purchase price of the stock.
Dividend Yield = 1.09 / 23.30 = 0.047
Expected Total Rate of Return: The expected total rate of return is calculated by taking the expected dividend yield and adding it to the expected growth rate.
Expected Return = 0.12 + 0.047 = 0.167 or 16.7%.
To learn more about total rate
https://brainly.com/question/30622260
#SPJ1
What are some of the important characteristics of the following four major types of interest-paying checking accounts? The following tables shows abbreviations for the types of accounts: Abbreviations AMA: Asset Management Accounts MMMF: Money Market Mutual Funds MMDA: Money Market Deposit Accounts NOW: Negotiable Order of Withdrawal Use the following table to indicate which of the money market accounts is described in the statements. AMA MMDA MMMF NOW Funds invested in this account are protected by government-sponsored deposit insurance programs. Funds invested in this account allow you to conduct all financial business with a single organization. o Use the fundamental characteristics of the four major types of interest-paying checking accounts to assess the following scenario. During a discussion about money market accounts with her coworker, Yvette says that it is critically important to create a unified and coordinated bundle of checking, savings, stock brokerage, and mutual fund accounts whose transactions are reported in a single monthly statement Which interest -paying checking account would you recommend to Yvette? O An AMA O A NOW account O An MMMF
The interest-paying checking account recommends to Yvette is Money Market Mutual Funds. Thus option C is correct.
What is an interest-paying checking account?A cost accounting system with money is one that gives you interest on the amount of money in your bank and helps your amount increase over time called an interest-paying checking account.
Maintaining a financial portfolio on a daily basis is asset management. By purchasing, keeping, and exchanging investments that have the potential for growth, this technique aims to increase wealth over time.
Money market mutual funds are a type of account designed to allow an individual to put their money in debt or commodities for a short period of time and then withdraw it as required.
Interest-bearing deposit accounts are established particularly to preserve a depositor's resources in a secure environment known as "money market accounts". It is a unique kind of financial institution with various features not present in typical savings accounts.
Learn more about interest-paying accounts, here:
brainly.com/question/21602063
#SPJ1
1. One study found that the elderly who do not have children dissave at about the same rate as the elderly who do have children. What might this finding imply about the reason the elderly do not dissave as much as the life-cycle model predicts?
Answer: This finding suggests that the presence of children is not the primary reason why the elderly do not dissave as much as predicted by the life-cycle model, and social and cultural factors may play a more significant role.
Explanation: The finding that elderly individuals without children dissave at a similar rate as those with children suggests that having children is not the primary driver of why the elderly do not dissave as much as the life-cycle model predicts.
The life-cycle model predicts that individuals should save during their working years to support their consumption in retirement. However, empirical research has shown that the elderly tend to save less than what the life-cycle model predicts.
The finding that elderly individuals without children dissave at a similar rate as those with children implies that social and cultural factors, rather than the presence of children, may play a more significant role in explaining why the elderly tend to save less than predicted by the life-cycle model. For instance, elderly individuals may value leaving an inheritance for their heirs or may have access to social support systems that reduce their need to save. Additionally, they may prioritize other types of consumption, such as leisure or healthcare, over saving.
The findings from the study suggest that the rate of dissaving among the elderly is not significantly impacted by the presence or absence of children, indicating that there may be other unaccounted factors in the life-cycle model.
Explanation:The finding that elderly individuals who do not have children dissave at about the same rate as those who do have children might suggest alternative explanations for dissavings rates that differ from what the life-cycle model predicts. The life-cycle model posits that individuals smoothly spend their accumulated savings in retirement, but the noted study implies that the presence or absence of children does not significantly impact this rate of dissaving.
One possible implication could be that elderly individuals have other motivations for saving or dissaving that the model does not account for, such as wanting to leave a legacy, concern for future health expenses, or a desire to maintain their current living standards. Therefore, subtle societal, psychological, and economic factors may play a larger role in elderly individuals' dissavings patterns than previously thought.
Learn more about dissave here:https://brainly.com/question/31798163
#SPJ2
Jordan's Furniture aims to attract people to the store for entertainment and fun rather than just to buy furniture. Which of the following is true in this case?
a. Jordan's Furniture is aiming to stimulate a hedonic motivation rather than a utilitarian motivation to enter the store.
b. The key motivation Jordan's Furniture is attempting to stimulate in consumers in maintenance of homeostasis.
c. Jordan's advertising strategy aims at triggering a self-improvement motivation in customers.
d. Jordan's marketing efforts triggers a prevention focus in consumers to encourage them to buy furniture
Jordan's Furniture is aiming to stimulate a hedonic motivation rather than a utilitarian motivation to enter the store. Option (A) is correct.
What is hedonic motivation?Hedonistic motivation describes how a person's propensity to move away from a threat or towards a goal is influenced by their pleasure and pain receptors. This is related to the fundamental motivational tenet that humans seek out pleasure and avoid suffering and is attained by engaging in certain activities that are a direct outcome of aesthetic and affective responses like love, hate, fear, joy, etc.
Jordan's Furniture is enjoyable, distinctive, and exceptional. We work hard, and we have a fantastic time doing it. Every employee performs at their best when they are surrounded by individuals who are passionate about what they do.
Therefore, Option (A) is correct.
Learn more about hedonic motivation, here;
https://brainly.com/question/14833867
#SPJ1
A company’s year end unadjusted trial balance shows account receivable of 103,000 allowance for doubtful accounts of $640(credit) and sales of $320000. Uncollectibles are estimated to be 1.50% of accounts receivable.
Prepare the December 31 year end adjusting entry for uncollectible
What amount would have been used in the year end adjusting entry if the allowance account had a year end unadjusted debit balance of 500?
$905 is the amount of the journal entry.
year-end adjusting entry will have the amount of $2045
What is a trial balance?Business uses a trial balance, which is a summary of credit and debit values, to internally evaluate their dual bookkeeping.
The journal entry will be written as
Bad best account debited by 905
Allowance for doubtful debts will be also credited by 905.
The amount is calculated as
= 103000 * 1.50% - 640
= 4905
The amount which will be used at the end to create an adjusted account balance will be with respect to the 2045 amount. The journal entry will be
Bad debt expenses account debited to 2045
to the allowance for doubtful debt credited to 2045
The amount is calculated as
= 103000 * 1.505 + 500
= 2045
Learn more about trial balance, here:
https://brainly.com/question/30584187
#SPJ9
Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
identify whether each of the following is best described as a fixed, variable, or mixed cost with respect to product units.
Determine if each of the following is more appropriately categorized as a fixed, variable, or mixed cost with respect to product units.
What is an example of appropriateness?
Determine if each of the following is more appropriately categorized as a fixed, variable, or mixed cost with respect to product units.
the attribute of being appropriate or appropriate for a certain event or occasion: On whether public funding is appropriate, there is disagreement. He questioned whether some of the books were acceptable for five-year-olds because they were lengthier than others. Numerous people have questioned whether the commercials are suitable.
1. Conduct that society's participants would find acceptable. Examples include giving to those in need or refraining from being judgmental of others based on their affiliation with a certain group.
Know more about product Visit:
https://brainly.com/question/22852400
#SPJ1
as part of the annual report for the fiscal year just ended, lara is working on a grid that summarizes the major decisions that the small business for which she works made during the year. as part of her review, she is identifying whether a decision was impacted by factors internal to the company, or external. which of the following does not appear on lara's list of external factors and why? the economy experienced a period of expansion, requiring the company to respond with a scalable system that could handle the additional volume and growth. sales reps requested a more powerful sales analysis report. the firm's closest competitor launched a new sales incentive with which lara's firm needed to compete. congress instituted an internet sales tax.
The sales reps requested a more powerful sales analysis report. Does not appear on Lara's list of external factors. Thus, option (B) is correct.
What is Analysis?The word analysis is referring as, investigation of something complex in order to comprehend it or identify its key elements, all-encompassing research. The managing a thorough analysis of the issue.
As of the term, sales analysis report is referring as, a document that shows trends affecting your sales operations within a specific fundamental quantity. While the collection of sales written report may vary depending on your goal.
Therefore, The right option (B) is correct.
Learn more about the Analysis here:
https://brainly.com/question/18723483
#SPJ1
each box below describes a relationship between two variables that has been interpreted incorrectly. match the appropriate label to each mistake.People become tired when they wear athletic clothes. People who visit the dentist are more likely to get a cavity Drinking a lot of water leads to sunburn. Cars that mechanics work on regularly are omitted variable reverse causation more likely to break down.omitted variablereverse causation
When wearing athletic attire, people get fatigued. A cavity is more likely to develop in people who frequent the dentist. Sunburn results from drinking a lot of water.
What makes a person athletic?
Athleticism is formed by ten key components that make up balanced physical fitness, or what we refer to as complete athleticism. They are strength, speed, power, agility, anaerobic capacity, aerobic capacity, mobility, balance and coordination, mental resilience, and stability.
adjective. physically fit or strong; muscular or active. of, relating to, or suitable for an athlete or for athletics. of or relating to a person with a muscular and well-proportioned bodySee also somatotype.
Know more about develop Visit:
https://brainly.com/question/28423077
#SPJ1
1. The following are the December transactions for Zion Company:
December 2 - Investment of $75,000 in cash into the business by stockholders.
December 4 - Paid $10,000 cash on a building that cost $90,000, the rest was borrowed (5 year pay back)
December 10 Purchased supplies on credit for $4,200
December 14 - Paid cash wages to employees who worked in December for the business for $950.
December 21 - Completed a job for $2,900 on credit.
December 30 Received a bill for $300 for utilities used during December that will be due in January.
December 31 Paid cash dividends of $100 to stockholders.
Which account’s affected
The accounts affected by the December transactions for Zion Company are:
1. Cash: This account is affected by the investment of $75,000 by stockholders, the payment of $10,000 on a building, the payment of $950 in wages to employees, and the payment of $100 in dividends to stockholders.
2. Building: This account is affected by the purchase of a building for $90,000, with $10,000 paid in cash and the rest borrowed.
3. Supplies: This account is affected by the purchase of supplies on credit for $4,200.
4. Wages Expense: This account is affected by the payment of $950 in wages to employees.
5. Accounts Receivable: This account is affected by the completion of a job for $2,900 on credit.
6. Utilities Expense: This account is affected by the receipt of a bill for $300 for utilities used during December.
7. Dividends: This account is affected by the payment of $100 in dividends to stockholders.
8. Notes Payable: This account is affected by the borrowing of $80,000 for the purchase of a building.
9. Accounts Payable: This account is affected by the purchase of supplies on credit for $4,200 and the receipt of a bill for $300 for utilities used during December.
To know more, check out: https://brainly.com/question/22917325
#SPJ1
on december 10, 2024, jingle received a $4,600 payment from a customer and credited deferred service revenue. the services to the customer were completed by december 31, 2024. on december 1, 2024, the company paid a local radio station $3,200 for 40 radio ads that were to be aired, 20 per month, throughout december and january. prepaid advertising was debited at the time the advertising was paid. employee salaries for the month of december totaling $22,000 will be paid on january 7, 2025. on august 31, 2024, jingle borrowed $40,000 from a local bank. a note was signed with principal and 9% interest to be paid on august 31, 2025. Prepare the necessary adjusting entries at its year-end of December 31, 2024. No adjusting entries were recorded during the year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.
Here are the necessary adjusting entries as of December 31, 2024:
To recognize revenue for the services completed in December:
Deferred Service Revenue $4,600
Service Revenue $4,600
To recognize the portion of prepaid that has been used up in December:
Advertising Expense $1,600
Prepaid Advertising $1,600
[($3,200 ÷ 2) = $1,600 represents 20 radio ads aired in December]
To record accrued salaries for December:
Salary Expense $22,000
Salaries Payable $22,000
To record accrued interest on the note payable as of December 31, 2024:
Interest Expense $1,800
Interest Payable $1,800
[($40,000 x 9% x 4/12) = $1,800 represents 9% annual interest accrued for 4 months]
No journal entry is needed for the initial borrowing of $40,000, as it has already been recorded as a note payable.
What distinguishes the journal entry for an asset that is sold from the journal entry for an asset that has been retired?Gain or Loss on Retirement for retired individuals differs from Fixed Assets Register for sold individuals.
To calculate gain and loss during retirement, use the following formula: This is how the gain or loss on retirement is determined: Asset Cost, Sale Proceeds, Removal Cost, Retired Net Book Value, and Revaluation Reserve. However, the fixed assets that are sold must be removed from the "Fixed Assets Register" and the profit from the sale must be recorded for the item sold journal entry.
The act of maintaining or compiling statistics of any transactions, whether financial or not, is known as journal access. An accounting magazine that displays the debit and credit score balances of an organization lists transactions. The access to the magazine may include a number of recordings, each of which is both a debit and a credit.
A journal entry is a record of a business transaction entered into your company's books. For each transaction, at the very least magazine entries are made in double-access bookkeeping. A bookkeeper keeps track of all of these changes with journal entries because a transaction can lead to a number of different changes in a business.
A subsidiary ebook is referred to as Journal. The books of high entry or the books of unique entry are the names of the magazine. The transactions are listed in the magazine in the order that they occurred. The ledger debts are arranged using a journal.
To know more about Journal entry visit:
brainly.com/question/29314309
#SPJ1
Select all that apply. Which of the following payroll-related taxes must the employer pay by law? a. Union dues b. Federal Insurance Contributions Act
In most cases, employers are required to deduct social security and Medicare taxes from employee paychecks and pay the employer portion of these taxes.
What do the terms "employer" and "employee" mean?
An employer is a person or organization that hires workers to perform work and duties, whereas an employee is a person who works for a corporation and receives a wage.
An employer is a person, business, or other entity that pays workers for their labor. Employees are those who are paid for their labor. Employers create jobs.
Instead of listing your boss' name on a job application, use the name of the company or organization you presently work for or have previously worked for.
Know more about security Visit:
https://brainly.com/question/8293680
#SPJ1
DeAndre loves sales because he responds well to the pressure he faces in the many new or uncertain situations he encounters as a salesperson Because DeAndre has an analytical decision-making style, he probably Multiple Choice s receptive to suggestions and is people-oriented. has a high tolerance for ambiguity but struggles to make decision quickly has a low tolerance for ambiguity and a long-term perspective Ik efficient, logical, and has a low tolerance for ambiguity
The correct response, based on the provided statement, is that the person battles to make decisions swiftly but has high tolerance for uncertainty.
How do salesperson operate?Simply put, a sales agent promotes a company's image while selling their goods or services. From the original lead outreach to the actual transaction, they handle customer relationships and serve as the primary point of contact.
Why do you work in salesperson?A salesperson has more to offer customers than just an engaging pitch; they are upbeat, resilient people who take the time to learn about their clients' requirements, demonstrate sensitivity, and trade in a product with assurance.
To know more about Salesperson visit:
https://brainly.com/question/29558745
#SPJ1
ll nine transactions for Ralston Sports Co. for September, the first month of operations, are recorded in the following accounts: Cash (1) (7) (9) 25,000 (3) 11,900 (5) 9,700 (6) 12,500 7,600 10,500 7,000 (8) James Ralston, Capital 25,000 Accounts Receivable 9,900 (9) 9,700 James Ralston, Drawing 7,000 (8) (3) Supplies 12,500 Fees Earned (4) (7) 9.900 11,900 (2) Equipment 9,500 (6) Operating Expenses 10,500 < Previous Next Fees Earned (4) (7) 9,900 11,900 Equipment (2) 9,500 Operating Expenses 10,500 (6) Accounts Payable (5) 7,600(2) 9,500 Refer to the T-accounts above. Prepare a trial balance, listing the accounts in their proper order. If an amount box does not require an entry, leave it blank. Ralston Sports Company Trial Balance September 30 Debit Balances Credit Balances
A transaction is a completed agreement between a buyer and a seller to exchange goods, services, or financial assets in return for money.
What is the meaning of Transaction?An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.
A transaction is a commercial occurrence that results in a monetary impact on the financial statements of a company and is noted as an entry in the accounting records of that firm. These are some examples of transactions: paying a supplier for products or services received.
The movement of money into and out of your bank account is documented by bank transactions.
Learn more about the Transactions here:
https://brainly.com/question/24730931
#SPJ1
The account of the government held by the central bank on behalf of the state is called
Answer:The Federal Reserve
Explanation:Its the only bank that's part of the government
Ethical relativism is defined as the ability to influence followers to achieve common goals through shared purposes. True or False.
Ethical relativism is defined as the ability to influence followers to achieve common goals through shared purposes. This statement is false.
What is Ethical relativism?The idea that morality is based on cultural standards is known as ethical relativism.
There are no universal moral laws that can be applied to all individuals at all times, according to the ethical relativist. The only moral benchmarks a community may use to evaluate its actions are it's own. If ethical relativism is true, there is no framework that can be used by people of various communities to resolve moral disagreements or come to an ethical consensus.
Therefore, This statement is false.
Learn more about Ethical relativism, here;
https://brainly.com/question/14546755
#SPJ1
suppose the owners of the bank borrow $100 to supplement their existing reserves. this would increase the reserves account andincrease thedebt account. this would also bring the leverage ratio from its initial value of14.00 to a new value of14.80 . which of the following do bankers consider when deciding how to allocate their assets? check all that apply.
A, B, C, and D. Bankers consider all of these factors when deciding how to allocate their assets.
What is Banker?A Banker is a professional who works in the financial services industry and provides services such as banking, lending, investments, and financial advice. Bankers typically work in a bank or other financial institution such as a credit union, investment firm, or insurance company.
Risk tolerance is the degree to which a bank is willing to take on risk in order to achieve a desired return. Investment returns are the amount of money that a bank expects to earn from its investments. Interest rate risk is the risk that changes in the interest rate will adversely affect the value of investments. Liquidity needs refer to the amount of cash a bank needs to have on hand to meet its financial obligations.
To learn more about Banker
https://brainly.com/question/30338991
#SPJ1
Complete Question:
suppose the owners of the bank borrow $100 to supplement their existing reserves. this would increase the reserves account andincrease thedebt account. this would also bring the leverage ratio from its initial value of14.00 to a new value of14.80 . which of the following do bankers consider when deciding how to allocate their assets? check all that apply.
a. Risk tolerance
b. Investment returns
c. Interest rate risk
d. Liquidity needs
Which of the following refers to government financial assistance for the production of a good which lowers producer's costs and increases supply?-A loan-A bailout-A tax-A subsidy
Option (d), Government financial support for the production of a thing that reduces producer costs and boosts supply is referred to as a subsidy.
A government subsidy is what?Governments may offer financial support to specific companies or industries through tax breaks, monetary payments, or other means. What are seen as critical facets of the country's infrastructure or economy are meant to be assisted or sustained via subsidies.
A product's availability is increased when the government supports its manufacturers. Due to their potential to reduce production costs, subsidies cause this to happen. Because manufacturing costs are going down, it is possible to generate more outputs.
What do subsidies from the government and financial institutions entail?Subsidies are payments paid by the government to individuals or organizations, either directly or indirectly. This compensation is typically provided in the form of cash or a specific tax reduction. Economic theory suggests that subsidies can be utilized to reduce externalities and market imperfections while increasing economic efficiency.
Learn more about subsidy: https://brainly.com/question/17136613
#SPJ1
Researchers plotted a distribution curve for leg length in a population of birds, with length from short to long on the x-axis. The curve shifts to the right after a disturbance. Which statement is correct about natural selection in this population of birds?
Birds with long legs were selected for.
Birds with long legs and birds with short legs were selected for.
Birds with medium-length legs were selected for.
Birds with short legs were selected for.
The correct statement about natural selection in the population of birds is "C-Birds with long legs were selected for". Option (a) is correct.
What is Natural Selection?The process through which populations of living things adapt and evolve is known as natural selection. A population's members are naturally varied, which means that they are all distinctive in some respects. This variety indicates that some people have characteristics that are more environment-appropriate than others.
Natural selection in the population of birds experiences probably favored individuals with longer legs, as they are more likely to survive the disturbance.
Therefore, Option (a) is correct.
Learn more about Natural Selection, here;
https://brainly.com/question/2725702
#SPJ1
which statement accurately describes the global economy in the twenty-first century?multiple choice question.barriers to the free flow of goods have been increasing.more nations are refusing to adopt liberal economic policies.globalization can limit a country's movement toward greater economic development.more nations are becoming part of the developed world.
The statement accurately describes the global economy in the twenty-first century that more nations are becoming part of the developed world. The correct option is d.
What is a developed country?A developed country is a sovereign state that has a high quality of life, a developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product, gross national product, per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.
Different definitions of developed countries are provided by the International Monetary Fund and the World Bank.
Learn more about developed, here:
https://brainly.com/question/30715659
#SPJ1
When Maddie got to her manager’s office, she noticed the door was closed and decided the manager was busy so she should come back later. What aspect of culture is affecting her decision to return later?
a. ethnocentric values
b. spartial relationships
c. performance issues
d. conversational distance
Spartial relationships aspect of culture is affecting her decision to return later.
The correct option is B.
To manage employees, organise, and assess departmental operations in order to achieve departmental goals. To maintain the team, new personnel are identified, welcomed, and trained. ensures that opportunities for personal growth are offered via worker safety, security, and legality as a top concern.
What abilities does a manager have?Strategic plan, judgement, problem-solving, collaboration, delegation, and time management are just a few of the talents that make up management. As members of the management team often earn more than non - management employees, this is one of the main advantages of becoming a manager. Some businesses provide managers with extra perks like bonuses and more paid time off.
To know more about Manager visit:
https://brainly.com/question/29023210
#SPJ1
The number of products you can produce on an assembly line in one shift is an example of what? Inventory Hurdle Rate Infinite Loading Capacity
The number of products you can produce on an assembly line in one shift is an example of Capacity.
What is products capacity?The maximum output at which a business can continue to produce goods or render services is referred to as capacity. Management must accept constraints on the production process in order to plan for capacity.
Depending on the type of business, "capacity" may refer to a production process, a distribution of human resources, a set of technical limitations, or a number of other related ideas.
No system can function at full capacity for an extended period of time; inefficiencies and delays prevent reaching a theoretical level of output over time.
Learn more about capacity
https://brainly.com/question/14578751
#SPJ1
A car owner pays for new brakes that cost $756. 25, with a credit card that has an annual rate of 24. 5%. Determine the total amount paid, if the car owner pays $100 a month, until the balance is paid off. A spreadsheet was used to calculate the correct answer. Your answer may vary slightly depending on the technology used.
Answer: The car owner will pay a total of $1750 for the new brakes.
Explanation: To determine the total amount paid, we need to calculate the interest that will accrue on the credit card balance and add it to the cost of the brakes.
First, we need to calculate the monthly interest rate by dividing the annual rate by 12:
24.5% / 12 = 0.02042
Next, we can use a formula to calculate the monthly payment required to pay off the balance in a certain number of months:
[tex]P = \frac{r(PV)}{(1 - (1 + r))^{-n} }[/tex]
Where:
P = Monthly payment
r = Monthly interest rate
PV = Present value of the loan (cost of brakes)
n = Number of payments (unknown)
We can solve for n by substituting the given values and the monthly payment ($100) into the formula and using a spreadsheet or calculator to find the value of n that makes the equation true.
After doing this calculation, we find that the car owner will need to make 9 monthly payments of $100 to pay off the balance.
To calculate the total interest paid, we can use the following formula:
Total Interest = Total Payments - PV
Where PV is the present value of the loan (cost of brakes).
Plugging in the numbers, we get:
Total Interest = (9 x $100) - $756.25 = $93.75
Therefore, the total amount paid by the car owner is:
$756.25 (cost of brakes) + $93.75 (total interest) + $900 (9 months of $100 payments) = $1750
So the car owner will pay a total of $1750 for the new brakes.
To learn more about interest payments and loan check out
https://brainly.com/question/8084409
https://brainly.com/question/30664343
explain the relation between planning and controlling
Answer: Planning is a thinking process while controlling is an executive function.
While planning involves creative thinking, imagination and sound judgement, controlling ensures that such decisions are converted into desired actions. Thus, planning is prescriptive, whereas, controlling is evaluative.
Explanation:
Hope this helped you, And if possible, could I have brainliest?
I also answered first! :D
(Please don't copy what I said for the people that are going to answer this question, thank you!) :D
which statements are true about these sql statements? (choose two) commit is a data definition statement. create table is a data definition statement. rollback is a transaction control statement. merge and update are both data definition statements. drop and delete are both data manipulation statements.
Regarding these SQL statements, the following assertions hold true:
A statement defining data is Create table.A transaction control statement is rollback.The following statements are false:
Commit is not a data definition statement but rather a statement controlling a transaction.Update and merge are statements that manipulate data, not statements that define data.Drop and delete are both statements that manipulate data, not statements that define data.What is SQL Statement?SQL (Structured Query Language) statements are used to interact with relational databases. SQL is a standard language used for managing and manipulating data stored in a database, and it allows users to retrieve, insert, update, and delete data in a database. SQL statements can be used to create, modify, and delete tables and other database objects, as well as to retrieve and modify data stored in tables. Some common SQL statements include SELECT, INSERT, UPDATE, DELETE, CREATE, ALTER, and DROP.
To know more about SQL Statement, visit:
https://brainly.com/question/30364070
#SPJ1
Hardaway earned $145,000 of compensation this year. He also paid (or had paid for him) $3,550 of health insurance (not through an exchange).\ What is Hardaway's AGI in each of the following situations (ignore the effects of Social Security and self-employment taxes)?
28. Required information a. Hardaway is an employee and his employer paid Hardaway’s $3,550 of health insurance for him as a nontaxable fringe benefit. Consequently, Hardaway received $141,450 of taxable compensation and $3,550 of nontaxable compensation.
29. Required information b. Hardaway is a self-employed taxpayer, and he paid $3,550 of health insurance himself. He is not eligible to participate in an employer-sponsored plan.
Hardaway is an employee and his employer paid Hardaway $3,550 of health insurance for him as a nontaxable fringe benefit.
Consequently, Hardaway received $141,450 of taxable compensation and $3,550 of nontaxable compensation.
What is a nontaxable fringe benefit?Nontaxable borderline Benefits. Some of the non-taxable borderline benefits that are barred from gross income include Hand abatements. Hand stock options. Group-term life insurance. Pure reportable borderline benefits are any reportable borderline benefits entered from a not- for- profit association that's eligible for a borderline benefits duty impunity under section 57A of the Fringe Benefits Tax Assessment Act 1986.
Non-taxable benefits aren't tested or only incompletely tested. Benefits that are fully duty-free include health insurance, withdrawal services( like a remitted compensation plan), and de minimis benefits, which are those that bring only minimum quantities. Health and Dental Insurance – If an employer pays the decorations for an hand's health and dental insurance there's no taxable benefit to the hand.
To learn more about nontaxable fringe benefit click on the given link:
https://brainly.com/question/15021695
#SPJ1
Which of the following is essential for a firm to gain a sustained competitive advantageover its competitors?a. Encouraging ethnocentrism in the workplaceb. Placing its employees in the right jobsc. Hiring employees based on intuitiond. Adopting a centralized approach to organizational control
The correct answer is Placing its employees in the right jobs. Competitive advantage is what makes an entity's products or services more desirable to customers than that of any other rival.
What is competitive advantage?A competitive advantage provides greater value to a company and its shareholders due to certain strengths and conditions.
The more sustainable a competitive advantage is, the harder it is for competitors to neutralize it.
A firm's ability to produce goods or services more efficiently than its competitors results in higher profit margins and creates a comparative advantage.
A rational consumer would choose the less expensive of her two perfect substitutes offered.
For example, a car owner buys gas at a gas station where he costs 5 cents less than at other gas stations in the area.
With imperfect alternatives like Pepsi vs. Coke, higher profit margins for the lowest-cost maker could ultimately lead to higher profits.
A differentiated advantage exists when a company's products or services are perceived as different and superior to those offered by its competitors.
Advanced technology, patented products or processes, talented people, and strong brand identities are all drivers of differentiated advantage. These factors support large margins and large market shares.
To know more about competitive advantage, visit:-
https://brainly.com/question/30491924
#SPJ1
Which of the following events would cause a movement downward and to the left along the supply curve for kiwis? The price of kiwis falls.
The events would cause a movement downward and to the left, along the supply curve for kiwis The price of kiwis falls. Thus the correct option is D.
What is the supply curve?A representation of the association between a shift in the price of a product or service and the quantity that a seller supply is called a supply curve. It indicates that if the price rises the quantity will be decrease of any product.
The declining trend is a reminder of how supply regularly rises when the cost of production decrease. As prices rise, all consumers will desire fewer due to the downward-sloping nature of the market demand.
Therefore, option D is appropriate.
Learn more about the supply curve, here:
https://brainly.com/question/17279283
#SPJ1
The complete question is Probably
Which of the following events would cause a movement downward and to the left along the supply curve for kiwis?
a.
The number of sellers of kiwis decreases.
b.
There is a destruction of technological machinery that increases the cost of producing kiwis.
c.
The price of soil increases, and soil is an input in the production of kiwis .
d.
The price of kiwis falls.
in the process of selling goods or services, a business incurs operating expenses such as blank . (select all that apply)
The costs that a company incurs while carrying out its usual operations are referred to as operating expenses.
What Is a Cost of Operation?An expense incurred by a company as a result of its regular operations is known as an operating expense. Operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds allocated for research and development. They are frequently abbreviated as OpEx.
Depending on what a company does, it may incur different operating costs. In point of fact, some activities—as well as costs—may be regarded as operational in one sector but not in another. Because operating expenses can be deducted from taxable income, it is essential to comprehend the distinction.
To learn more about operating expenses here:
https://brainly.com/question/15080057
#SPJ1
you have $500,000 available to invest. the risk-free rate as well as your borrowing rate is 8%. the return on a risky asset is 16%. if you wish to earn a 22% return, you should . [hint: the risk-free rate as well as your borrowing rate is 8%. it means that you are able to borrow additional money at risk-free rate, and then use the money to purchase risky assets. this is a case similar to buying on margin. ] question 8 options: a) invest $125,000 in the risk-free
The correct answer is (d) borrow $375,000. Investment means to commit (money) in order to earn a financial return.
What is investment?An asset or thing bought for income or capital growth is an investment. The term "valuation" describes how an asset's worth increases over time.
When a person buys a good as an investment, they do not intend to utilise it for immediate consumption, but rather to use it to build wealth in the future.
Investment usually entails using resources like time, effort, money, or assets now in the anticipation of a future return that will be higher than the initial investment.
As an illustration, an investor might purchase a financial asset today with the expectation that it would generate income down the road or be resold for a profit at a higher price.
In general, any action taken in anticipation of future earnings can also be considered an investment.
For example, when people decide to pursue additional education, the goal is often to increase their knowledge and improve their skills.
The upfront investment in time attending classes and paying for tuition is expected to translate into higher earnings later in a student's career.
Investing always involves some risk as it is based on future growth and income potential. An investment may not generate income or even depreciate in value over time.
For example, the company you invested in may go bankrupt. Alternatively, the degree you are investing time and money into may not result in a strong job market in that field.
To know more about investment, visit:-
https://brainly.com/question/15105766
#SPJ1
determine the number of seconds between january 21, 2020 (considered the start of the covid pandemic in the us) and december 31, 2021 (both at midnight). remember doing this in lab02 for seconds over a period of years. use two methods: a) multiplying 60 seconds * 60 minutes * 24 hours * ... this is difftimea b) using strptime and time.mktime() ... this is difftimeb
The number of seconds between January 21, 2020 (midnight) and December 31, 2021 (midnight) is 31536000 seconds, or difftimea.
What is midnight?Midnight is the exact middle of the night, typically between 11:59 PM and 12:01 AM. It is the transition point between one day and the next, when the date changes and the start of a new day begins.
Method A:
60 seconds * 60 minutes * 24 hours * 365 days * 1 year = 31536000 seconds
Therefore, the number of seconds between January 21, 2020 (midnight) and December 31, 2021 (midnight) is 31536000 seconds, or difftimea.
Method B:
Using strptime (string parse time) and time.mktime (make time), the number of seconds between these two dates can be calculated. The strptime function parses a given string, in this case the two dates, and returns a struct_time object, which contains the individual components of the date, such as year, month, day, etc.
The time.mktime function takes a struct_time object as an argument and returns the number of seconds since the epoch (January 1, 1970).
Therefore, the number of seconds between January 21, 2020 and December 31, 2021 can be calculated by subtracting the result of time.mktime for January 21, 2020 from the result of time.mktime for December 31, 2021, which is difftimeb.
To learn more about midnight
https://brainly.com/question/29428059
#SPJ1
Poole Company made a $100,000 cash expenditure this year. Which of the following statements is false?Group of answer choicesNone of the choices are false.Poole must capitalize the expenditure if it extends the estimated useful life of an existing asset by three years.Poole must capitalize the expenditure if it results in a long-term economic benefit to the company.Poole must capitalize the expenditure if it creates a new asset that the company can use for the next four years.
No assertion in the scenario given, in which Poole Corporation spent $100,000 in cash, is FALSE; thus, the appropriate response is (D).
What is expenditure?In order to pay for a good, service, or another sort of cost, an expense necessitates the movement of money or wealth in general from one person or organization to another.
For a tenant, rent is an expense.
Parents and students must pay for tuition.
Buying anything, whether it be furniture, a car, food, clothing, or anything else, is commonly referred to as a cost.
An expense is a cost that is "paid" or "remitted," typically in exchange for something of worth.
Something that appears to be exceedingly expensive is "expensive."
Something that appears to be inexpensive is referred to as "inexpensive."
"Expenses of the table" include prices related to consuming food, and beverages, hosting a feast, etc.
Therefore, no assertion in the scenario given, in which Poole Corporation spent $100,000 in cash, is FALSE; thus, the appropriate response is (D).
Know more about expenditure here:
https://brainly.com/question/935872
#SPJ1
Correct question:
Poole Company made a $100,000 cash expenditure this year. Which of the following
statements is false?
A. Poole must capitalize the expenditure if it creates a new asset that the company can use for
the next four years.
B. Poole must capitalize the expenditure if it extends the estimated useful life of an existing
asset by three years.
C. Poole must capitalize the expenditure if it results a long-term economic benefit to the
company.
D. None of the above is false.
