Answer: Regulation Z
Explanation:
Regulation Z is meant to protect customers by requiring that those in the lending industry avoid practices that are misleading to consumers such that the true cost of financing is hidden thus leading the consumer to believe that the cost of financing is lower than it actually is.
The real estate that was advertised with financing option that requires only a 5% down payment is most likely hiding other costs inveigled in the transaction in order to lure customers in after which they will reveal the true cost and the customer will have to pay and this is what Regulation Z aims to counter.
Teagan wants to buy a new refrigerator. The refrigerator costs $1650. Teagan decides to finance the refrigerator for 24 months at an APR of 12.5%. Determine Teagan's monthly payment. Round your answer to the nearest cent, if necessary. Formulas
Answer:
$78.06
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e. to be shown in the attachment below:
Given that,
Present value = $1,650
Future value or Face value = $0
RATE = 12.5% ÷ 12 = 1.0416%
NPER = 24 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $78.06
An important attribute to keep in mind when comparing cash-management options is liquidity. In general, the __________ the liquidity of a cash management option is the____________the interest rate will be for that option. Group of answer choices
Answer:
No options were given, but I believe that the correct answers would be:
In general, the HIGHER the liquidity of a cash management option is the LOWER the interest rate will be for that option.
Explanation:
The most liquid asset is cash, and holding cash in a checking account generally yields no interest or an extremely low interest (e.g. 0.2 - 0.75% per year). If you hold cash in a savings account you will get a slightly higher rate, between 1-2% per year.
On the other hand, if you invest in long term corporate bonds, the interest rate is between 6-7%.
The more liquid the investment, the lower the interest rate.
On a visit to sea spectacular, an outdoor aquarium, your nephew notices that each time a dolphin performs a trick it is rewarded with a fish. you have read the brochure that explains that the dolphins are trained this way to ensure that they will continue to perform the tricks for several performances each day. this is an example of:
Answer:
operant conditioning
Explanation:
Operant conditioning is a technique used to train animals or even influence human behavior based on a system of rewards and punishments. It was developed by B.F. Skinner during the first half of the 20th century. He successfully trained lab animals and even conducted experiments on human beings (little children). The key to operant conditioning is that the subject associates certain behaviors to specific rewards or punishments.
The facts that a proprietorship, as a business, pays no corporate income tax, and that it is easily to raise capital, are two key advantages to that form of business.
a. True
b. False
Answer: False
Explanation:
While Proprietorship do indeed have the tax advantage of not having to pay Corporate income tax, the same cannot be said for the ease at which they can raise capital.
In general, Proprietorships find it hard to raise capital as investors will be worried of investing into a one person run operation. They would rather prefer that their investments were protected by the law and that the company had enough experienced people on board as well which is why they would prefer a Corporation.
Even getting loans as a Proprietorship can be hard because banks will set a high rate for the business to cater for a default risk.
Define primary industry .
What type of planning deals with specific markets or market segments and the development of marketing programs that will fulfill the needs of customers in those markets?
Answer:
Tactical planning.
Explanation:
Tactical planning is a type of planning that deals with specific markets or market segments and the development of marketing programs that will fulfill the needs of customers in those markets. It usually occurs after an individual, organization or team has created its strategic plan which typically outlines their specific goals and objectives.
Hence, it simply describe or highlight the steps and actions to be taken by an individual, organization or team in order to achieve the set goals and objectives from a strategic plan.
Your client has been in touch to ask how they can deactivate the multicurrency setting. How would you respond? Choose the correct response: 1.To deactivate the multicurrency setting, you need to select Gear icon and Account and Settings, then select Advanced, select Multicurrency, deselect the checkbox and then select Save 2.Once multicurrency has been activated, it cannot be deactivated 3.Only Administrators can deactivate multicurrency
Answer: 2. Once multicurrency has been activated, it cannot be deactivated
Explanation:
Quickbooks is an accounting software mostly for small to medium businesses.
One of the features they offer is the multicurrency setting which enables users to record transactions in a host of foreign currencies.
This feature however requires care to be used simply because once it is turned on, it cannot be deactivated. For this reason Quickbooks warns the user several times before they activate it.
A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profit by:
Answer: b. selling VIX calls
Explanation:
The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).
If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.
I really don’t understand please help
Answer:
$2000
Explanation:
Step 1. Find the tax bracket this person belongs in.
$10,001 < $40,000 < $50,000
Answer: The middle bracket [5%]
Step 2. Find 5% of $40,000
100% / 5% = 20
$40,000 / 20 = $2000
Answer: $2000
complete the statement with the correct words the blank was established in 2010 as a result of the dud Frank Act
Answer: Consumer Financial Protection Bureau
Explanation:
The Consumer Financial Protection Bureau (CFPB) was established in 2010 as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act which was passed by congress in a bid to make changes to the nation's financial systems and correct factors that may contribute to another crises like the Great Recession of 2008.
The CFPB's role is to protect the interest of customers in the financial services sector and as a result all financial services providers in the United States fall under its jurisdiction including banks, securities firms and credit unions.
The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select one: a. best b. poor c. good d. unchanged
Answer:
Poor
Explanation:
Automation has made certain jobs redundant and machines can now carry out most of the functions usually carried out by labour. As a result, the prospects for many types of jobs is low
A local farmer grows and sells corn and pumpkins to the local grocers. Look at the farmer's business as a system. In which category do the corn and pumpkins, profits, and losses fall
Answer:
The right answer will be the "Transformational process".
Explanation:
Improvements in such a wide variety of organizations that increase the member of staff as well as the involvement including its leadership throughout the business expansion. A transformational process should give vitality to a struggling organization and therefore can enhance the proper functioning of any enterprise.Suppose the civilian non-institutional population equals 100,000 persons; the civilian labor force equals 75,000 persons; there are 70,000 employed persons and 5,000 unemployed persons. If 5,000 persons who are currently "not in the labor force" decide to join the civilian labor force, and 3,000 of them are unemployed, then
Answer:
the total labor force for the first part of the question = 75,000 and 5,000 are unemployed, therefore, the unemployment rate = 6.67%
if 5,000 more people enter the labor force, then the total labor force = 80,000 people. Out of the total, 8,000 are unemployed, therefore, total unemployment = 8,000 / 80,000 = 10%
on the other hand, the employment rate = total employed / total population will also increase. The original employment rate = 70,000 / 100,000 = 70%
Then as 2,000 more people were employed, the employment rate increased to 72,000 / 100,000 = 72%
In this assignment, you will practice using your knowledge of an organization's responsibilities to
workers.
Which of the following traits are most important in hiring decisions? Check all of the boxes that apply.
education
gender
experience
national origin
DONE V
Answer:
The correct options are;
1) Education
2) Experience
Explanation:
The important traits that influence hiring decisions are;
1) Experience in the post advertised as always clearly outlined in job posting adverts, an experienced person will be more trusted to be able to do the advertised job than one with little experience
2) Fitting personality for the role is important especially when the job is demanding and involve grey areas such as new developments
3) Potential; The capacity to do the job and well
4) Education; Education is evidence of the ability and willingness and desire to learn.
Answer:
A. Education
C. Experience
Explanation:
A sales manager learns of the new specifications for the latest TITAN. How does she know if it is permissible to tell a customer about them?
Answer:
• If the information has been made public
• If Nissan gives a written permission to discuss the information
Explanation:
From the question, we are informed that a sales manager learns of the new specifications for the latest TITAN. To know if it is permissible to tell a customer about them, she'll have to find out whether the information regarding the titan has been made public and also if Nissan has given a written permission to discuss the information.
Consider two barter economies: duos and varietas. duos produces two different goods, whereas varietas produces 80 different goods. both countries have the same number of people. in which barter economy is it more likely that the means of payment and the units of account would be efficient? how many relative prices are there in duos compared with varietas? which economy would benefit more from adopting money?
Answer:
in which barter economy is it more likely that the means of payment and the units of account would be efficient?
In Duos since there are only two products, the relative price will be x of product A for y of product B.how many relative prices are there in duos compared with varietas?
In Duos there exists only 1 relative price, while there are 3,160 relative prices in Varietas.which economy would benefit more from adopting money?
Varietas would benefit most from adopting money since they would go from having more than three thousands different combination of prices to only one unit of account (money).Please help, thank you if you do :)
Answer:
Am I trying to find out C or just simplify ?
Explanation:
7c + 40 + -3c
4c + 40
In companies that do not have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying the total direct labor hours needed to make the budgeted output of completed units by the direct labor wage rate.
a. True
b. False
Answer:
a. True
Explanation:
The formula to compute the total direct labor budget for the budget time period is shown below;
Total direct labor budget = Total direct labor hours required × direct labor wage rate
Through multiplying the direct labor hours required with the direct labor wage rate we can get the total direct labor budget and the same is to be considered
Hence, the correct option is a. True
Some 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month.
Complete Question:
Read the news clip, then answer the following question A Bakery on the Rise Avalon's decision to -is a long-run decision. O A. move to a larger space Up to 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month Source: CNN, March 24, 2008
Avalon's decision to __________ is a long run decision.
A. Move to Larger Space
B. Hire 15 more employees
Answer:
Option A. Move to Larger Space
Explanation:
The decision that alters only a single variable factor is considered as a short run decision. Labor, electricity usage, increased production are examples of variable factors. This means that increase in employees is a short run decision.
On the other hand, decision to increase or decrease the fixed factors are considered as long run decision because it is difficult to alter the decision and if we do so, then we will encounter heavy losses for a long period of time. Long run decision includes selling or purchasing or leasing of property, plant and equipment are considered as fixed factors.
In this case, Avalon is considering to move to a larger space which will result in significant increae in fixed cost. Hence it is fixed factor and is long run decision. Hence Option A is correct here.
Other things equal, a dramatic decrease in the money supply would: A. increase the purchasing power of each dollar B. reduce the purchasing power of each dollar C. have an ambiguous impact on the purchasing power of each dollar D. increase the price level
Answer:
A. increase the purchasing power of each dollar
Explanation:
A decrease in money supply increases the interest rate, price level falls and the value of the dollar increases. This increases the purchasing power of the dollar
William read in his textbook that he should avoid bouncing checks like the plague. He learned the hard way just how true this is. When he wrote a $7.50 check to Subway he only had $6.00 in his checking account and his check bounced. He was astounded at the cost of this first bounced check. If this cost was the same as the national average, what did William pay for bouncing his first check
Answer:
William must have paid about $30 for his bounced check of $7.50.
Explanation:
The bank charges this much in order to deter people from frivolously writing checks that they know would bounce and to pay for the service they render to having to return the bounced. I think that it is a reasonable charge because some people have refused to learn. Some others think that they can continue with their duplicity at all times. There must a way to check their unkind actions of creating unnecessary and irresponsible work.
A junior marketing executive at MorningGo Cereals suggests increasing the package size and price of its best-selling brand without increasing the amount of cereal inside the box. Her superior warns that this might be a bad idea because MorningGo's long-term survival, like most companies, depends on
Answer:
Creating and maintaining satisfying exchange relationship
Explanation:
One key factor that company prioritizes for the the sake of long term survival is providing a justifiable value for every transaction that occur with customers as this help to build a long lasting relationship based on trust.
The junior marketing executive's decision to increase the size and price without a commensurable increase in the quantity of the product is deceitful and fraudulent and this could jeopardize their relationship with customers and the long term survival eventually threatened.
The exchange-rate effect is one of the reasons why the aggregate demand curve is downward sloping.
a. True
b. False
Answer:
True.
Explanation:
True, the given statement is right because the exchange rate or price of the currency is inversely related to the demand. when the exchange rate increases that means the price of the currency is increasing and in that case, the demand for the currency falls. If the exchange rate falls or the price of currency falls then demand for the currency rises that indicate the inverse relationship between the exchange rate and the aggregate demand. therefore, the aggregate demand curve is sloping downwards.
Sophie issues a promissory note made "payable to the order of Molly." Molly indorses the note by signing her name and gives the note to Dana. Which of the following is correct?
a. Sophie issued a bearer instrument and Molly kept it in bearer form.
b. Sophie issued an order instrument,but Molly changed it to bearer form.
c. Sophie issued an order instrument and Molly kept it in order form.
d. Sophie issued a bearer instrument and Molly changed it to bearer form.
Answer: b. Sophie issued an order instrument, but Molly changed it to bearer form
Explanation:
An order instrument is an instrument that is payable to a specific individual that's referred to as a payee or any person the payee designates to carry out the payment. They require a signature as a means of authorization of transaction, an example of this order of payment is a cheque.
Bearer form indicates a form that the owner of such item is to claim teir goods, item or services.
Alberto is working with a group of fifteen people to coordinate the merger of two corporations. Everyone in the group is highly qualified, offers relevant information, and has high norms. Still, the group seems to be slow at outlining a definitive plan for the merger. With the information provided, what would be the fastest and best way for Alberto to increase cohesiveness and productivity
Answer:
Decrease the size of the group
Explanation:
Since in the question it is mentioned that there is a group of fifteen people for coordinating the merger of two corporations. Everyone is highly qualified but the work of a group seems to very slow.
So if Alberto wants to increase the cohesiveness and productivity, so he should decrease the group size so that the working could come in a normal cycle and every task could be completed within a prescribed time.
Tom, the borrower, gave Joe, the lender, his mortgage as security for his loan. Under the terms of the mortgage, Tom is identified as the
Answer:
Mortgagor
Explanation:
A mortgagor is a person that borrows money from a lender usually called a mortgagee for a real estate purposes.
In a mortgage transaction, the borrower is the the mortgagor while the lender is the mortgagee.
In the case of the above question, Tom is a mortgagor because he is borrowing money from Joe who is a lender and even providing a security for the loan.
Cheers
People pay monthly subscription fees to get current stock price from financial service companies. This behaviour highlights the ________ characteristic of information. Group of answer choices
Answer: timeliness
Explanation:
Timeliness has to do with time expectation for both information accessibility and availability. It can be measured as when an information is expected and the moment that the information is available for use.
People pay monthly subscription fees to get current stock price from financial service companies. This behaviour highlights the timeliness characteristic of information.
When customers use a brand’s mobile app to shop for products, their shopping experience can be customized based on the company’s knowledge of ______________, ________________, payment methods, and even location. Select one: a. Previous purchases, product preferences b. Privacy concerns, government regulations c. Brand attitudes, political preferences d. Social media, email preferences
Answer:
a. Previous purchases, product preferences
Explanation:
In case when the customer used the brand mobile app for shopping the product so their shopping experience is based and customized on the knowledge with respect to prior purchase, preference of the product, mode of payment, and location so that the client and the company could be feel comfortable while buying and selling
Therefore the correct option is a.
Deecee Co. adjusted its historical cost income statement by applying specific price indexes to its depreciation expense and cost of goods sold. Deecee's adjusted income statement is prepared according to
Answer: Current cost accounting
Explanation:
From the question, we are informed that Deecee Co. adjusted its historical cost income statement by applying specific price indexes to its depreciation expense and cost of goods sold.
This shows that Deecee's adjusted income statement is prepared according to current cost accounting. Under current cost accounting, it should be noted that it is possible to use specific price indexes to restate the financial statements items.
The single-most effective fraud prevention tactic is making employees know that ________. Select one: a. fraudsters will be fired b. fraudsters will be forced to repay what they stole plus interest c. fraud could destroy the company and jobs d. fraud will be detected by IT monitoring systems and punished by the legal system
Answer:
d. fraud will be detected by IT monitoring systems and punished by the legal system
Explanation:
Fraud prevention is the measures that can be taken in order to detect and prevent fraudulent activities among employee and others in an organization or financial institution to prevent financial and material loss.
There are many ways in which frauds can be detected and prevented with the help of new technologies such as installation of closed circuit cameras and others.
It should be noted that that one of the
single-most effective fraud prevention tactic is making employees know that fraud will be detected by IT monitoring systems and punished by the legal system