(3-6) When a party fails to perform her duties under a contract, we consider the contract to be breached. The law provides REMEDIES to compensate parties for their damages arising out of breach of contract. (Note: the types of damages available in a breach of contract case are different then the Special/General/Punitive damages we saw in actions based on tort law.) Match the following remedy terms (3−6) with their best descriptions (a−d) below: 3. Damages a. the court orders the parties to do what they promised to do 4. rescission and restitution b. the court reforms (corrects or edits) the contract to correct mistakes and remove unconscionable or unlawful provisions 5. specific performance c. court awards money or property. 6. reformation d. court cancels the contract and returns the parties to their pre-contract position
Previous question

Answers

Answer 1

The answer to the question above is:
DAMAGES (C) - Court awards money or property.
RESCISSION AND RESTITUTION (D) - Court cancels the contract and returns the parties to their pre-contract position. SPECIFIC PERFORMANCE (A) - The court orders the parties to do what they promised to do.
REFORMATION (B) - The court reforms (corrects or edits) the contract to correct mistakes and remove unconscionable or unlawful provisions. When a party fails to perform her duties under a contract, we consider the contract to be breached. The law provides remedies to compensate parties for their damages arising out of a breach of contract. The types of damages available in a breach of contract case are different than the Special/General/Punitive damages we saw in actions based on tort law.

Learn more about tort law from the given link:
https://brainly.com/question/28213050

#SPJ11



Related Questions

All suppliers must comply with the basics of the Canadian
Payroll Administration to ensure the employers meet minimum
legislative compliance.
A: True,
B: False,

Answers

The statement "All suppliers must comply with the basics of the Canadian Payroll Administration to ensure the employers meet minimum legislative compliance" is B) False.

What is payroll administration? Payroll administration refers to the management of an employee's financial records, including the salaries, wages, bonuses, deductions, and net pay. It's a critical element of any company's accounting department. A payroll administrator's primary duty is to ensure that all employees are paid on time, accurately, and in accordance with the law.

What are the Canadian payroll administration basics? The following are the most basic components of Canadian payroll administration:

Calculating taxes Deductions for employment insurance Pension plan contributions Deductions for Canadian Pension Plan (CPP)Contributions to the Canada Revenue Agency (CRA)A payroll year-end process is necessary. To ensure that employers meet minimum legislative compliance, all suppliers must comply with the basics of Canadian Payroll Administration. Nonetheless, not all providers are required to adhere to this legislation. It is the employers' responsibility to verify that their suppliers meet this requirement.

Thus, the statement "All suppliers must comply with the basics of the Canadian Payroll Administration to ensure the employers meet minimum legislative compliance" is False.

To know more about employers visit:

https://brainly.com/question/17459074

#SPJ11

occurs when the court orders the defaulting party to live up to the terms of the contract. An injunction Specific performance An accounting Quantum meruit Compensation randomly choose 4 of the following

Answers

Legal remedies for contract breaches include injunctions, specific performance, accounting, and quantum meruit to ensure fair compensation and enforcement.

When one party violates the terms of a contract, there are numerous choices available in terms of legal remedies. An injunction, which is a court order requiring the defaulting party to uphold the contractual commitments, is one of these choices. Specific performance is a different remedy in which the court directs the party in breach to carry out the contract precisely as agreed. To determine the financial losses incurred by the non-breaching party, an accounting may be demanded. The concept of payment for the reasonable worth of provided services is known as quantum meruit. Fair compensation and the execution of contractual duties are the goals of these remedies.

Learn more about  court orders here:

https://brainly.com/question/18635611

#SPJ11

Your client has asked you if you can have employee wages post to separate accounts, that is, officer, general labor, sales and marketing. Where can you make these changes? Payroll > Employees > Add an employee > Pay type > Account Gear > Payroll settings > Accounting > Wage expenses You cannot have wages post to separate accounts for different employees Gear > Account and Settings > Company > Payroll > Accounting

Answers

If the client asked for the employee wages to post to separate accounts, they are allocated to a single account by default. In order to post their salary to several accounts, you must create several pay types.

Follow these instructions to create pay types and edit the accounts for each employee so that their wages are posted to the appropriate accounts. Go to Payroll and then to Employees. Select the name of the employee whose account you'd like to modify. Click the edit icon in the Pay box .Now choose the Pay Type box, and then click Add Earnings Type .To save your changes, click Done. In the list of pay types, locate the new pay type you created and choose Edit accounts. Assign accounts to the employee's new pay type.

The salary of the employee is distributed across all accounts that are assigned to the pay type. Save your changes after you've made them. If you've made a mistake or need to modify an account, just go back to the Accounts tab and click Edit for the appropriate account, then choose the correct account.

To know more about employee visit :

https://brainly.com/question/33336737

#SPJ11

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $3.3 million, accounts payables worth $11 million, inventory of $16 million, accounts receivables of $15 million, short-term notes payable worth $3.5 million, other current assets of $1.2 million, and no other current liabilities. What is the company's net working capital?
$37 million
$25 million
$21 million
$17 million

Answers

Net Working Capital can be defined as the difference between current assets and current liabilities. It shows how much money a company has in its business to run its daily operations. The company's net working capital is $21 million. Hence, the correct option is option C.

In the given problem, the Chandler Sporting Goods company had:Cash and Marketable Securities = $3.3 million,Accounts Payables = $11 million,Inventory = $16 million,Accounts Receivables = $15 million,Short-Term Notes Payable = $3.5 million,Other Current Assets = $1.2 million,No other current liabilities.

Net Working Capital = Current Assets - Current Liabilities

Net Working Capital = ($3.3 million + $15 million + $16 million + $1.2 million) - ($11 million + $3.5 million)

Net Working Capital = $35.5 million - $14.5 million

Net Working Capital = $21 million

Therefore, the company's net working capital is $21 million.

To know more about Net Working Capital visit:

https://brainly.com/question/32821523

#SPJ11

185,000 units per year. Cost information follows. Demand is very strong. At a sales price of $19.00 per case, the company can sell whatever output it can produce. IPort Products can start only 150,000 units into production in the Cutting Department because of capacity constraints. Defective units are detected at the end of production in the Cutting Department. At that point, defective units are scrapped. Of the 150,000 units started at the cutting operation, 22,500 units are scrapped. Unit costs in the Cutting Department for both good and defective units equal $15.10 per unit, including an allocation of the total fixed manufacturing costs of $450,000 per year to units. The fixed cost of $3.00 per unit is the allocation of the total fixed costs of the Cutting Department to each unit, whether good or defective. (The total fixed costs are the same whether the units produced in the Cutting Department are good or defective.) The good units from the Cutting Department are sent to the Sewing Department. Variable manufacturing costs in the Sewing Department are $3.00 per unit and fixed manufacturing costs are $55,000 per year. There is no scrap in the Sewing Department. Therefore, the company's total sales quantity equals the Cutting Department's good output. The company incurs no other variable costs. The company's designers have discovered a new type of direct material that would reduce scrap in the Cutting Department to 7,500 units. However, using the new material would increase the direct materials costs to $8.25 per unit in the Cutting Department for all 150,000 units. Recall that only 150,000 units can be started each year. Compute profit under each alternative. Assume that inspection and testing costs will be reduced by $25,000 if the new material is used. Fixed costs in the sewing department will remain the same whether 127,500 or 142,500 units are produced. (Do not round intermediate calculations. Round "Price per unit" to 2 decimal places.)

Answers

The profit under the current alternative is $490,750 and under the alternative with new material is $566,250.

Calculation of profits for each alternative:
Current alternative:
Price per unit = $19.00Number of good units produced = 150,000 - 22,500 = 127,500

Revenue = 127,500 × $19.00 = $2,417,500Variable costs per unit = $15.10 + $3.00 = $18.10.
Fixed costs = $450,000
Total costs =

[tex](127,500 × $18.10) + $450,000 = $2,908,250Profit = Revenue - Total costs = $2,417,500 - $2,908,250 = -$490,750[/tex]
Alternative with new material:

Price per unit =$19.00

Number of good units produced = 150,000 - 7,500 = 142,500

Revenue = 142,500 × $19.00 = $2,707,500

Variable costs per unit = $8.25 + $3.00 = $11.25Fixed costs = $450,000 - $25,000 = $425,000

Total costs = (142,500 × $11.25) + $425,000 + $55,000 = $2,141,250

Profit = Revenue - Total costs = $2,707,500 - $2,141,250 = $566,250

To know more about alternative visit:

https://brainly.com/question/32808807

#SPJ11

A water park uses a computer to monitor the amount of chlorine in the pools and a computer adjusts the chlorine levels as necessary to maintain the optimal amount. This is an example of what type of control? A> cybernetic B> nonsynergistic C> noncybernetic D> synergistic

Answers

The correct answer is A) Cybernetic control.A water park that uses a computer to track the quantity of chlorine in the pools and modify the chlorine levels as required to maintain the optimum amount is an example of cybernetic control.

A cybernetic control system employs sensing mechanisms to evaluate the output performance and continuously make adjustments to maintain the system's desired output level.Cybernetic control systems are used in a variety of applications, including process control systems, machine tool operations, and automated vehicle guidance systems. The basic elements of cybernetic control include a sensing mechanism, a control mechanism, and an output mechanism.

The sensing mechanism gathers information about the current state of the system and compares it to a set of predefined parameters. The control mechanism adjusts the system's output to maintain it within the desired range based on the feedback from the sensing mechanism.

In a water park, the computer acts as the sensing mechanism that collects information about the amount of chlorine in the pool, analyzes it, and then compares it to the desired optimum level. If the actual level is higher or lower than the optimal level, the control mechanism adjusts the quantity of chlorine in the pool to maintain it within the desired range.

Thus, this is an example of a cybernetic control system that uses feedback to maintain a system's optimal output.

To know more about chlorine visit:

https://brainly.com/question/19460448

#SPJ11

Q.1.4 Recommend suitable organisation structures to promote knowledge management in (10) the business, as one of the key aspects of the knowledge management infrastructure. Justify your suggestions.

Answers

Different organizations have different structures, and selecting a suitable structure that promotes knowledge management is crucial. Flat, matrix, and network organization structures promote knowledge sharing, collaboration, and cross-functional teams, which are crucial for knowledge management.

Selecting suitable organization structures to promote knowledge management is crucial. In this article, we will discuss different organization structures that can promote knowledge management.

1. Hierarchical Organization Structure
Hierarchical organization structure is the most common type of organization structure. However, in knowledge management, the information should flow in both directions, from top to bottom and vice versa. Therefore, the hierarchical organization structure may not be the best option for knowledge management.

2. Flat Organization Structure
The flat organization structure is an ideal structure for knowledge management This results in a culture of continuous learning, innovation, and creativity.

3. Matrix Organization Structure
The matrix organization structure is a hybrid structure that combines the hierarchical and flat structure. IIt encourages knowledge sharing between different departments and helps to identify knowledge gaps that need to be filled.

4. Network Organization Structure
The network organization structure is a structure where a group of organizations works together to achieve common goals.

To know more about organizations visit:

https://brainly.com/question/13278945

#SPJ11

Identify the skills and competencies required to deliver the HR Strategy
Conduct a skills analysis, develop training and recruiting plans to fill any critical gaps
Assess the efficiency of HR-related services and activities through qualitative and quantitative analyses (HR Cost and Activity Analyses)
Assess the cost structure of the HR function and control significant long-term and short-term HR-related costs
Design, develop and implement an integrated communication process in order to market the HR function within the organisation
Obtain feedback on how HR is and should be performing
Link the corporate strategy, strategic HR priorities and key performance measure for HR and for the workforce
Identify the right key performance measures and ensure the right balance between value- and cost[1]related measures
Design and implement an HR Scorecard to track HR impact, value and costs

Answers

The skills and competencies required to deliver the HR Strategy are as follows Conduct a skills analysis,(HR Cost and Activity Analyses), Design, develop and implement an integrated communication process in order to market the HR function within the organization. HR must identify the right key performance measures and ensure the right balance between value- and cost-related measures.

Conduct a skills analysis: It is important to conduct a skills analysis so that HR can assess the current skills and competencies of the HR team. The skills analysis helps in identifying the gaps in the HR team and developing a training plan to fill those gaps. Develop training and recruiting plans to fill any critical gaps: Once the HR team has identified the gaps, they should develop a training and recruiting plan to fill those gaps. This plan should be aligned with the HR strategy.

Assess the efficiency of HR-related services and activities through qualitative and quantitative analyses (HR Cost and Activity Analyses): It is important to assess the efficiency of HR-related services and activities through qualitative and quantitative analyses. This helps in identifying areas for improvement and making changes to the HR strategy. Assess the cost structure of the HR function and control significant long-term and short-term HR-related costs: HR must assess the cost structure of the HR function and control significant long-term and short-term HR-related costs. This helps in managing the budget and ensuring that HR is aligned with the overall business strategy.

Design, develop and implement an integrated communication process in order to market the HR function within the organization: HR must design, develop and implement an integrated communication process in order to market the HR function within the organization. This helps in building a positive brand image for HR and improving employee engagement. Obtain feedback on how HR is and should be performing: HR must obtain feedback on how HR is and should be performing. This helps in identifying areas for improvement and making changes to the HR strategy. Link the corporate strategy, strategic HR priorities, and key performance measures for HR and for the workforce: HR must link the corporate strategy, strategic HR priorities, and key performance measures for HR and the workforce. This helps in ensuring that HR is aligned with the overall business strategy and that HR is contributing to the success of the organization.

Identify the right key performance measures and ensure the right balance between value- and cost-related measures: HR must identify the right key performance measures and ensure the right balance between value- and cost-related measures. This helps in measuring the success of HR and ensuring that HR is contributing to the overall success of the organization. Design and implement an HR Scorecard to track HR impact, value, and costs: HR must design and implement an HR Scorecard to track HR impact, value, and costs. This helps in measuring the success of HR and ensuring that HR is contributing to the overall success of the organization.

Learn more about corporate strategy-

https://brainly.com/question/28284743

#SPJ11

The skills and competencies required to deliver the HR Strategy are as follows Conduct a skills analysis,(HR Cost and Activity Analyses), Design, develop and implement an integrated communication process in order to market the HR function within the organization. HR must identify the right key performance measures and ensure the right balance between value- and cost-related measures.

Conduct a skills analysis: It is important to conduct a skills analysis so that HR can assess the current skills and competencies of the HR team. The skills analysis helps in identifying the gaps in the HR team and developing a training plan to fill those gaps. Develop training and recruiting plans to fill any critical gaps: Once the HR team has identified the gaps, they should develop a training and recruiting plan to fill those gaps. This plan should be aligned with the HR strategy.

Assess the efficiency of HR-related services and activities through qualitative and quantitative analyses (HR Cost and Activity Analyses): It is important to assess the efficiency of HR-related services and activities through qualitative and quantitative analyses. This helps in identifying areas for improvement and making changes to the HR strategy. Assess the cost structure of the HR function and control significant long-term and short-term HR-related costs: HR must assess the cost structure of the HR function and control significant long-term and short-term HR-related costs. This helps in managing the budget and ensuring that HR is aligned with the overall business strategy.

Design, develop and implement an integrated communication process in order to market the HR function within the organization: HR must design, develop and implement an integrated communication process in order to market the HR function within the organization. This helps in building a positive brand image for HR and improving employee engagement. Obtain feedback on how HR is and should be performing: HR must obtain feedback on how HR is and should be performing. This helps in identifying areas for improvement and making changes to the HR strategy. Link the corporate strategy, strategic HR priorities, and key performance measures for HR and for the workforce: HR must link the corporate strategy, strategic HR priorities, and key performance measures for HR and the workforce. This helps in ensuring that HR is aligned with the overall business strategy and that HR is contributing to the success of the organization.

Identify the right key performance measures and ensure the right balance between value- and cost-related measures: HR must identify the right key performance measures and ensure the right balance between value- and cost-related measures. This helps in measuring the success of HR and ensuring that HR is contributing to the overall success of the organization. Design and implement an HR Scorecard to track HR impact, value, and costs: HR must design and implement an HR Scorecard to track HR impact, value, and costs. This helps in measuring the success of HR and ensuring that HR is contributing to the overall success of the organization.

Learn more about corporate strategy-

brainly.com/question/28284743

#SPJ11

What do you think Adam Smith might have meant by the
statement , money is a veil.

Answers

Adam Smith, an eminent economist from Scotland, is one of the most prominent names in economics history. He is widely regarded as the founder of economics as a distinct academic discipline.

Adam Smith's “Wealth of Nations” is a classic text that provides us with a detailed analysis of the industrial revolution's economic and social effects. The book covers the topics of economic growth, trade, productivity, and living standards.Adam Smith's statement "Money is a veil" is a controversial one that has been discussed by many economists and scholars.

Adam Smith's theory is that money is just a medium of exchange, and it does not have any intrinsic value of its own. According to Adam Smith, money is only a veil that covers the underlying economic activity that creates the actual wealth of a nation.The statement "Money is a veil" means that people tend to focus on the value of money rather than the underlying economic activity that creates the wealth of a nation.

Money is only a representation of the real wealth, and it is not wealth itself. Smith's theory implies that it is the underlying economic activity that creates the wealth, not the money used to represent it. In this way, Smith was able to distinguish between real and nominal values in economics.

In conclusion, Adam Smith's statement "Money is a veil" means that money is only a medium of exchange and does not have any intrinsic value of its own.

To know more about Scotland visit:

https://brainly.com/question/29537867

#SPJ11

factors outside of the organization, project team, or project itself may influence which aspect of a time/cost estimate?

Answers

The external market conditions play a crucial role in influencing the accuracy of time/cost estimates.

How do external market conditions influence the accuracy of time/cost estimates?

Factors such as economic conditions, industry trends, and supplier availability significantly impact project timelines and costs. For example, a sudden increase in raw material prices due to market fluctuations can lead to cost overruns and delay project completion.

Also, changes in customer demand or regulatory requirements necessitate adjustments to project timelines affecting the estimated duration. Therefore, organizations must closely monitor and assess external factors to ensure accurate time/cost estimates and adapt.

Read more about time/cost estimate

brainly.com/question/32729847

#SPJ4

Given the following information, find break-even point in Number of Customers: average sales price per unit, $17.24; fixed costs, $215,035.70; variable cost per unit, $6.96. Show the full calculation, not just the final answer. Round all calculations to hundredth of decimal unless they naturally round up to tenth of decimal or a whole number, but round the final result to a whole number.

Answers

The break-even point in number of customers required to ensure that the total costs equal the total revenue is 20,917.87.

What is the break-even point?

The break-even point is the sales level (in units or dollars) that ensure that the total revenue equals the total costs (fixed and variable).

The break-even point can be computed by dividing the fixed costs by the contribution margin per unit or ratio.

Average sales price per unit = $17.24

Variable cost per unit = $6.96

Contribution margin per unit = $10.28 ($17.24 - $6.96)

Fixed costs = $215,035.70

The Break-even point (Number of customers) = Fixed Costs ÷ Contribution margin per unit

= 20,917.87 ($215,035.70 ÷ $10.28)

Learn more about the break-even point at https://brainly.com/question/21137380.

#SPJ4

1.Companies typically employ two common production strategies: Make-to-stock and make-to-order. Which of the following best describes the make-to-stock production strategy.
Question 1 options:
It is the production strategy where companies manufacture individual units such as bicycles.
The production process is triggered by the need to fill a specific order.
The production process is triggered by a need to increase inventory. When inventory falls below certain levels production is initiated even if there is no pending order.
It is the the production of materials that are not manufactured in individual units.
2.Put the following Production Process steps in the correct order:
Question 9 options:
a
Goods are issued to the production order so material needed to produce products are issued from storage.
b
The organization creates a planned order which is a formal request for production that indicates what material are needed and how many units and when.
c
Production is confirmed in system.
d
Request for production is authorized by the production supervisor resulting in a production order which is an actual commitment to produce a specific quantity of material by a certain date.
e
Finished goods are moved into storage through a goods receipt.
f
Release production order to allow subsequent steps such as issuing material to shop floor and printing shop papers needed to execute steps in work centers.
g
The organization receives an order from a customer and there is no inventory of that product on hand.
h
The production order is set to TECO status indicating no further execution of the production process is possible. After a production has been completed and settled status is set to CLSD.
i
The goods are manufactured.

Answers

Make-to-stock production strategy is the production process triggered by a need to increase inventory. When inventory falls below certain levels production is initiated even if there is no pending order.

Most companies employ two common production strategies, make-to-stock and make-to-order production strategy. The make-to-stock strategy produces goods and products in advance to meet the expected demands of the market.

It is the production strategy where companies manufacture goods in anticipation of customer demand or forecasted demand.

Goods are produced and kept in stock, ready to be sold when the demand arises.

On the other hand, the Make-to-order strategy produces goods only when there is a confirmed order from the customer.

It is the production strategy where companies manufacture the goods based on specific customer orders.

The company does not manufacture any units until it receives a specific order from the customer.

Know more about Make-to-stock production strategy here:

https://brainly.com/question/29035942

#SPJ11

the growth in international trade has come from an increase in the international sale of goods but not services.

Answers

The statement that the growth in international trade has come from an increase in the international sale of goods but not services is not accurate.

The growth in international trade has actually come from an increase in both the international sale of goods and services. Let me explain why: Globalization: In recent decades, globalization has led to an increase in the movement of goods and services across borders. This has been facilitated by advancements in technology, transportation, and communication. Services sector: The services sector, which includes industries like finance, tourism, and telecommunications, has experienced significant growth in international trade. For example, multinational companies providing financial services, such as banks and insurance companies, have expanded their operations globally. Similarly, tourism has become a major contributor to international trade, with people traveling abroad for leisure and business purposes.

Trade agreements: Various trade agreements, such as the World Trade Organization (WTO) and regional free trade agreements, have promoted the exchange of both goods and services among countries. These agreements aim to reduce barriers to trade, including tariffs and quotas, thereby facilitating the growth of international trade. Emerging economies: The rise of emerging economies, such as China and India, has also contributed to the growth in international trade. These countries have become major exporters of both goods and services, fueling the expansion of global trade.

To know more about sale visit:

https://brainly.com/question/29436143

#SPJ11

jilly's and pizzazz, two competing hair salons, will advertise whether or not the other salon does. both salons are using a _____ strategy.

Answers

Jilly's and Pizzazz are using a reactionary strategy where each of them is trying to respond to the actions of the other in a competitive market.

A reactionary strategy is a type of strategic approach that a company employs when it has to react quickly to a competitor's move.

Here, each salon is attempting to outdo the other in a competition without any deliberate attempt to create their marketing plans, preferring instead to rely on each other's efforts.

Jilly's and Pizzazz, two hair salons, have become competitive in their efforts to attract customers to their business.

Both of them are using the same marketing strategy, which is to advertise whether or not the other salon does.

They are reacting to each other's marketing efforts instead of creating their marketing plans.

Each salon attempts to counteract the other's advertisements by introducing their promotions and incentives.

The strategy of reacting to the other's moves is known as a reactionary strategy.

When a company employs a reactionary strategy, it responds quickly to a competitor's move.

They don't create a marketing plan; instead, they rely on the other company's marketing efforts.

Both Jilly's and Pizzazz have to rely on this marketing strategy because it is a common technique in a competitive market. They are attempting to outdo each other in this competition.

Their primary goal is to attract as many customers as possible. As a result, they have resorted to using reactionary strategies.

To know more about company visit:

https://brainly.com/question/30532251

#SPJ11

rapidly retiring baby boomers make up only a quarter of the u.s. population, but account for 50 percent of all domestic consumer spending. TRUE or FALSE

Answers

The correct answer is: TRUE. The statement is true. Baby boomers, the generation born between 1946 and 1964, are a significant demographic group in the United States.

While they make up only a quarter of the U.S. population, they have a significant impact on consumer spending. Baby boomers have been a large and influential consumer segment for several decades, and as they approach retirement age, they tend to have more disposable income and contribute to a significant portion of domestic consumer spending. Their consumer behavior, preferences, and purchasing power have a substantial influence on various industries, including healthcare, travel, leisure, and housing. Therefore, it is accurate to say that baby boomers account for a significant share, around 50 percent, of all domestic consumer spending.

learn more about: - consumer spending here

https://brainly.com/question/16998154

#SPJ11

Starting three months after her grandson Robin's birth, Mrs. Devine made deposits of $100 into a trust fund every three months until Robin was eighteen years old. The trust fund provides for equal withdrawals at the end of each quarter for two years, beginning three months after the last deposit. If interest is 4.41% compounded quarterly, how much will Robin receive every three months? Robin will receive $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answers

Robin will receive $ (3,224.34 / 8) = $402.92 every three months. Hence, the final answer to the problem is $402.92.

Using the formula for the future value of an annuity-due:

FVAD= (PMT × [(1 + r)n – 1] / r) × (1 + r)

Where

FVAD is the future value of the annuity-due.

PMT is the regular payment amount.

r is the quarterly interest rate.

n is the number of payments.

The interest rate is 4.41% compounded quarterly. Therefore, the quarterly interest rate is 1.1025%.

The deposit of $100 made every three months means that there are four payments made in one year, so there are 4 × 5 = 20 payments made in the given 20 years.

Therefore, n = 20.

The amount that Robin will receive every three months can be found by dividing the future value of the annuity by the number of payments. This is because he will receive equal withdrawals at the end of each quarter for two years, beginning three months after the last deposit.

Since the payments are made at the end of each quarter, the annuity is a regular annuity, and the formula for the future value of a regular annuity can be used:

FVRA= (PMT × [(1 + r)n – 1] / r)

where FVRA is the future value of the regular annuity. FVRA = $3,305.56

PMT is the regular payment amount.

r is the quarterly interest rate.

n is the number of payments.

The future value of the annuity-due is the same as the future value of a regular annuity divided by (1 + r).

FVAD= FVRA / (1 + r)

FVAD= $3,305.56 / (1 + 1.1025%)

FVAD= $3,224.34

The Future Value of Annuity Formula can be used when a series of payments are made into an account and the balance at the end of a given period is calculated with interest. The Future Value of an Annuity formula shows the value of a stream of periodic payments at a specified date in the future.

The Future Value of Annuity formula is used in Financial modeling to calculate the value of a series of cash flows that occur at regular intervals in the future. In corporate finance, the Future Value of Annuity formula is used to calculate the value of cash inflows that a company will receive over time.

Learn more about the future value of an annuity-due: https://brainly.com/question/28195816

#SPJ11

How
does cost benefit analysis explain the existence of food deserts?
What is your solution to food deserts?

Answers

Cost-benefit analysis (CBA) is a technique that analyzes and compares the monetary and non-monetary costs and benefits of a particular activity or project. It is used to evaluate the feasibility of a project or program, as well as to compare various options.

CBA, however, can explain the existence of food deserts in the following ways. The low-income neighborhoods lack the purchasing power necessary to attract supermarkets. These stores have high operating costs and need a considerable and consistent customer base. If the grocery store anticipates that the income of potential customers in a neighborhood will not cover their overhead costs, they will not open there.

The CBA approach, on the other hand, could show the potential benefits of opening a store in the region; food deserts can be addressed by the government investing in these communities. For instance, the government can offer incentives to local stores to stock healthy and affordable foods.

They may also consider offering tax breaks or reduced rents for local businesses that provide food products to low-income neighborhoods. In the long run, such measures will encourage businesses to set up shops in such communities.

Another possible solution to food deserts is for non-profit organizations, health advocacy groups, and philanthropic entities to get involved. They can operate and support small groceries stores in low-income areas that can provide fresh and nutritious food at affordable prices.

To know more about monetary and non-monetary visit:

https://brainly.com/question/13965755

#SPJ11

Starting at "long run equilibrium" what will happen if the Government increases spending in the short run, the AD curve will shift to the right & the economy will produce above its natural level and unemployment will fall; in the long run the AS curve will shift to the left, increasing the "price level" and returning the economy to its "natural" level of output and employment in the short run, the AD curve will shift to the right & the economy will produce above its natural level and unemployment will fall; in the long run the AS curve will shift to the right, increasing the "price level" and returning the economy to its "natural" level of output and employment in the short run, the AD curve will shift to the left \& the economy will produce above its natural level and unemployment will fall; in the long run the AS curve will shift to the left, increasing the "price level" and returning the economy to its "natural" level of output and employment in the short run, the AD curve will shift to the left \& the economy will produce above its natural level and unemployment will fall; in the long run the AS curve will shift to the right, increasing the "price level" and returning the economy to its "natural" level of output and employment lestion 9 (1 point) /hich of the following is not a factor that directly contributes to productivity physical capital human capital

Answers

Long-run equilibrium is a concept of macroeconomics that occurs when all the factors of production of a country (labor, capital, natural resources, and entrepreneurship) are utilized effectively to achieve maximum output. In this state, there are no pressures for any economic changes. However, if the government increases spending in the short run, the economy will produce above its natural level and unemployment will fall. The AD curve will shift to the right.However, in the long run,

the AS curve will shift to the left, increasing the price level and returning the economy to its natural level of output and employment. This indicates that in the long run, aggregate demand tends to shift to the left, resulting in lower prices. This occurs because the production of goods and services has increased so much that the country's price level has begun to rise.

To know more about equilibrium visit:

https://brainly.com/question/30694482

#SPJ11

Explain how increased consumer savings will impact aggregate
demand. Will it affect aggregate supply? Why or why not? Be sure to
answer thoroughly using full sentences.

Answers

Increased consumer savings will have a significant impact on aggregate demand. When consumers save more of their income, they spend less on goods and services in the economy. This reduction in consumer spending directly affects the overall demand for products and services, leading to a decrease in aggregate demand.

When consumers save more, they allocate a larger portion of their income to savings accounts or other financial instruments instead of immediate consumption.

As a result, businesses experience a decline in sales, which can lead to reduced production levels and, in some cases, layoffs. This decrease in consumer demand can create a ripple effect throughout the economy, affecting various sectors and industries.

On the other hand, increased consumer savings generally do not directly impact aggregate supply. Aggregate supply refers to the total amount of goods and services that producers are willing and able to supply at a given price level.

While reduced consumer spending may result in decreased production and employment levels, it does not fundamentally alter the productive capacity or technology available to businesses. Therefore, aggregate supply remains relatively unchanged in response to changes in consumer savings.

It is worth noting that while increased consumer savings may lead to short-term decreases in aggregate demand, they can have positive long-term effects.

Higher savings rates can provide individuals with a financial cushion, enabling them to make larger purchases or invest in productive assets in the future. Additionally, increased savings can contribute to capital formation, which can stimulate economic growth and productivity in the long run.

For more such questions on consumers, click on:

https://brainly.com/question/3227054

#SPJ8

Resolve resource over-allocations by manually adjusting relevant resources and tasks. Make realistic adjustments to the hours. Do not alter resource task assignments, task durations, or start/finish dates. Do not use the "Resource Leveling" feature in Microsoft Project, as it may result in undesired changes to the project durations, start/finish dates, or resource hour allocations. You want to ensure that resources are not assigned to more than the specified number of hours in each workweek. Save your final file as "Global Treps Project Rev 4."

Answers

Resolve resource over-allocations in Microsoft Project by adjusting hours without changing task assignments or dates. Save final file as "Global Treps Project Rev 4."

To address resource over-allocations, manually adjust the hours assigned to each resource in Microsoft Project. Start by identifying the specific resources that are over-allocated, considering their specified number of hours per workweek. Make realistic adjustments to the hours allocated to each task while ensuring that resources do not exceed their weekly limits. It is crucial to avoid modifying task assignments, durations, or start/finish dates during this process. Resist using the "Resource Leveling" feature to prevent unintended changes. Once all necessary adjustments have been made, save the final project file as "Global Treps Project Rev 4" to document the resolved resource over-allocations and maintain an updated version of the project.

To know more about allocations, click here:

brainly.com/question/28319277

#SPJ11

Which of the following types of real estate private equity funds would you expect to invest in properties that have some lease-up risk and/or the need for moderate renovation or repositioning?
A. Core
B. Value Added
C. Opportunistic
D. Full platform

Answers

B. Value Added funds would be expected to invest in properties with lease-up risk and/or the need for moderate renovation or repositioning.

Value Added real estate private equity funds are typically focused on properties that offer opportunities for value enhancement through active management strategies. These funds target properties that may require lease-up efforts or moderate renovation or repositioning to maximize their value. Value Added funds aim to generate higher returns by improving property performance and cash flows through various value-creation initiatives. In contrast, Core funds typically invest in stabilized properties with low risk, Opportunistic funds pursue high-risk, high-reward investments, and Full platform funds encompass a broader range of real estate investment activities beyond just property acquisition.

Learn more about funds here:

https://brainly.com/question/33494474

#SPJ11

e20.17 (lo 3, 4) (accounting for an operating lease) on january 1, 2025, nelson co. leased a building to wise inc. the relevant information related to the lease is as follows. the lease arrangement is for 10 years. the building is expected to have a residual value at the end of the lease of $3,500,000 (unguaranteed). the leased building has a cost of $4,000,000 and was purchased for cash on january 1, 2025. the building is depreciated on a straight-line basis. its estimated economic life is 50 years with no salvage value. lease payments are $275,000 per year and are made at the beginning of the year. wise has an incremental borrowing rate of 8%, and the rate implicit in the lease is unknown to wise. both the lessor and the lessee are on a calendar-year basis. instructions prepare the journal entries that nelson should make in 2025. prepare the journal entries that wise should make in 2025. if wise paid $30,000 to a real estate broker on january 1, 2025, as a fee for finding the lessor, what is the initial measurement of the right-of-use asset? explain.

Answers

To record the lease transaction in 2025, Nelson Co. should make the following journal entries:

On January 1, 2025, when the building is leased to Wise Inc.: Lease Receivable $3,500,000 Building $4,000,000 Gain on Sale of Building         $500,000 Nelson Co. records the lease receivable, which represents the present value of future lease payments, based on the incremental borrowing rate of 8%.

The building is removed from Nelson Co.'s books as it is sold to Wise Inc., resulting in a gain on the sale of $500,000. On January 1, 2025, when Wise Inc. pays $30,000 Lease Receivable $  30,000 Cash $  30,000 Wise Inc. pays the real estate broker fee in cash, resulting in a decrease in the lease receivable and a corresponding decrease in cash.

To know more about transaction visit:

https://brainly.com/question/24730931

#SPJ11

During Year 3, Blue Ridge Corporation reported after-tax net income of $4,150,000. During the year, the number of shares of stock outstanding remained constant at 15,000 of $100 par, 9 percent preferred stock and 400,000 shares of common stock. The company's total stockholders' equity is $20,000,000 at December 31, Year 3. Blue Ridge Corporation's common stock was selling at $80 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.80 per share to common stockholders. Required a. Compute the earnings per share. Note: Round your answer to 2 decimal places. b. Compute the book value per share of common stock. Note: Round your answer to 2 decimal places. c. Compute the price-earnings ratio. Note: Round intermediate calculations and final answer to 2 decimal places. d. Compute the dividend yield. Note: Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45 ).

Answers

Earnings per share(EPS) is calculated by dividing after-tax net income by the total number of outstanding shares of stock. Thus, the EPS of Blue Ridge Corporation is $9.29.

How to find?

EPS = (Net income − Preferred dividends) ÷ Average number of common shares outstanding

EPS = [$4,150,000 − ($100 × 15,000 × 0.09)] ÷ 400,000

= $9.29

b. Book value per share of common stock is calculated by dividing the total stockholders' equity by the number of shares of common stock. Therefore, the book value per share of common stock is $45.

Calculation for book value per share of common stock:

Book value per share of common stock = Total stockholders' equity ÷ Number of common shares outstanding

Book value per share of common stock = $20,000,000 ÷ 400,000

= $50

Per the balance sheet, the preferred shares have a book value of $135 per share.

This book value was calculated by multiplying the $100 par value of the stock by the 1.35 times multiple.

Thus, we can find the common stockholders' equity by subtracting the preferred stockholders' equity from the total stockholders' equity, then divide the common stockholders' equity by the number of common shares outstanding. T

he preferred stockholders' equity is calculated as $2,025,000. This is calculated as the product of 15,000 shares times $100 per share par value times 1.35.

The 1.35 multiple represents the 35% premium over the par value of the preferred stock. The common stockholders' equity is $17,975,000.

This is calculated as the difference between the total stockholders' equity of $20,000,000 and the preferred stockholders' equity of $2,025,000.

c. The Price-earnings ratio (P/E ratio) is calculated by dividing the current market price per share of common stock by the earnings per share.

Therefore, the P/E ratio is 8.62. Calculation for P/E ratio:

P/E ratio = Market price per share ÷ Earnings per share

P/E ratio = $80 ÷ $9.29 = 8.62

d. Dividend yield is calculated by dividing the dividend per share by the current market price per share. Therefore, the dividend yield of Blue Ridge Corporation is 6.00%.

Calculation for dividend yield:

Dividend yield = Annual dividend per share ÷ Market price per share

Dividend yield = [$4.80 ÷ $80] × 100%

= 6.00%

Therefore, the answers to the given problem are:

a. The earnings per share (EPS) is $9.29.

b. The book value per share of common stock is $45.

c. The price-earnings ratio (P/E ratio) is 8.62.

d. The dividend yield of Blue Ridge Corporation is 6.00%.

To know more on shares visit:

https://brainly.com/question/32395273

#SPJ11

a hurricane hit the hub of the u.s. financial system and caused a significant disruption in the stock market. this is an example of:

Answers

A hurricane hitting the hub of the U.S. financial system and causing a significant disruption in the stock market is an example of a natural disaster impacting the economy.

Natural disasters, such as hurricanes, can have severe economic consequences. In this case, the hurricane hitting the hub of the U.S. financial system directly affected the functioning of the stock market, which is a key component of the economy. The disruption caused by the hurricane can lead to decreased trading activity, volatility in stock prices, and potential losses for investors and businesses.

A hurricane hitting the hub of the U.S. financial system and causing a significant disruption in the stock market is an example of a natural disaster impacting the economy. Natural disasters, including hurricanes, can have far-reaching effects on various aspects of the economy, such as infrastructure, businesses, and financial markets. In the given scenario, the hub of the U.S. financial system is likely referring to a major financial center, such as Wall Street in New York City. Wall Street is home to many financial institutions, including stock exchanges, investment banks, and hedge funds. When a hurricane hits this area, it can lead to power outages, flooding, and damage to buildings and infrastructure.


To know more about financial visit:

https://brainly.com/question/32941736

#SPJ11

Green Tech Company, which produces lawn mowers, purchases 22,065 units of a rotor blade part each year at a cost of $65 per unit. Green Tech requires a 20% annual rate of return on investment. In addition, the relevant carrying cost (for insurance, materials handling, breakage, and so on) is $6 per unit per year. The relevant ordering cost per purchase order is $155. Requirements 1. Calculate Green Tech's EOQ for the rotor blade part. 2. Calculate Green Tech's annual relevant ordering costs for the EOQ calculated in requirement 1. 3. Calculate Green Tech's annual relevant carrying costs for the EOQ calculated in requirement 1. 4. Assume that demand is uniform throughout the year and known with certainty so that there is no need for safety stocks. The purchase-order lead time is half a month. Calculate Green Tech's reorder point for the rotor blade part. Requirement 1. Calculate Green Tech's EOQ for the rotor blade part. Begin by selecting the formula used to calculate EOO. (D = Demand in units for one year, P = Ordering cost per purchase order, C = Carrying cost of one unit in stock, Q = Any order quantity)

Answers

Green Tech's EOQ for the rotor blade part is approximately 337 units.

The formula used to calculate the Economic Order Quantity (EOQ) is:

[tex]EOQ = \sqrt{ ((2 * D * P) / C)}[/tex]

where:

D = Demand in units for one year

P = Ordering cost per purchase order

C = Carrying cost of one unit in stock

Given information:

D = 22,065 units

P = $155 (ordering cost per purchase order)

C = $6 (carrying cost per unit per year)

Now, let's calculate Green Tech's EOQ for the rotor blade part:

[tex]EOQ = \sqrt{ ((2 * 22,065 * 155) / 6)}\\\\EOQ =\sqrt{(679,485 / 6)}\\\\EOQ =\sqrt{113,247.5}\\\\EOQ =336.62[/tex]

(rounded to the nearest whole number)

Therefore, Green Tech's EOQ for the rotor blade part is approximately 337 units.

Learn more about Economic Order Quantity (EOQ) from the given link:

https://brainly.com/question/9068415

#SPJ11

DIVIDENDS On Dec 15 the Board of Directors declared a $0.50 per share cash dividend on outstanding stock. The date of record is Jan 2 and will be paid on Jan 15 . There are 12,000 shares of common stock outstanding at Dec 15. Record all Journal Entries related to cash dividends. On Feb 1 st the board of directors declared a 10% stock dividend for the 1,000$1 par shares outstanding with a market price of $4 per share. The stock dividend will be distributed on Mar 1 x
to shareholders on record as of Feb 20. Record all Journal Entries needed related to the stock dividend (declaration, date of record, date of payment) On Feb 1 st the board of directors declared a 30% stock dividend for the 1,000 $1 par shares outstanding with a market price of $4 per share. The stock dividend will be distributed on Mar 1 11
to shareholders on record as of Feb 20. Record all Journal Entries needed related to the stock dividend (declaration, date of record, date of payment)

Answers

Cash dividends: Cash dividends refer to the amount of cash distributed among the shareholders of a company as a return on investment.

When a company distributes a cash dividend, it debits the retained earnings account and credits the dividend payable account.

A stock dividend is when a company distributes additional shares to its shareholders as a form of dividend. In the case of a stock dividend, the retained earnings account is debited, while the stock dividend distributable account is credited.

A journal entry for this transaction is shown below: Date Accounts Debit Credit Feb 1Stock Dividend Distributable 4,000Retained Earnings 4,000Declaration of a stock dividend of 10% (1,000 shares x $1 par value x 10%)

Feb 20No entry required Record date (The stock dividend payment will be made to shareholders on Mar 1, and no entry is necessary on this date.)Mar 1Stock Dividend Distributable 4,000

Common Stock 1,000Paid-in Capital in Excess of Par Value 3,000Distribution of a 10% stock dividend (1,000 shares x $4 fair value per share = $4,000).

To know more about dividends visit:

https://brainly.com/question/30030205

#SPJ11

moment of truth occurs when an employee evaluates the service they are going to provide

Answers

The moment of truth is when an employee evaluates the service they will provide to a customer, impacting the customer's perception and satisfaction. It requires careful consideration and can shape the customer experience.

Moment of truth occurs when an employee evaluates the service they are going to provide.

The moment of truth refers to the critical point in the customer service process when an employee has direct interaction with a customer and has the opportunity to make a positive or negative impression. During this moment, the employee evaluates the service they are about to provide and determines how they will handle the customer's needs, requests, or inquiries.

This evaluation is crucial because it shapes the customer's perception of the company and influences their overall satisfaction. The employee considers factors such as their knowledge and skills, their understanding of the customer's needs, and their ability to deliver a high-quality service experience. They may assess the resources available, the company's service standards, and their own ability to meet or exceed those standards.

By taking this moment seriously and striving to deliver exceptional service, employees can create positive experiences for customers, build trust and loyalty, and contribute to the overall success of the organization. Training, empowerment, and a customer-centric culture are important elements in enabling employees to make the most of the moment of truth and consistently deliver outstanding service.

To learn more about customer's perception, click here:https://brainly.com/question/28283853  

#SPJ11

Why do you believe you would be a good fit for the Natural
Capital Analyst role? [400 words or fewer]

Answers

As an AI language model, I cannot apply for a job position. However, I can give you some ideas to consider while answering this question.Writing a convincing cover letter or statement of interest requires careful thought and consideration. Below are some key points to address in your response:

1. Demonstrate your knowledge and experience in the natural capital field:To prove that you are the right candidate for the natural capital analyst position, you should highlight your expertise in the field. You can discuss your relevant work experience, education, or any projects you've worked on. In addition, you should also showcase your knowledge of natural capital accounting, ecosystem services, and sustainability principles.

2. Show how your skills align with the job description:When applying for a job, it's important to tailor your application to the specific role and the company. So, you need to demonstrate how your skills align with the job description. You may have experience in data analysis, project management, GIS, or other areas that are relevant to the role. You should also highlight any experience working with stakeholders and communicating results.

3. Highlight your passion for sustainability and the environment:Employers want to see that you are passionate about the role and the organization's mission. You should show how your personal values align with the company's vision and goals. For example, if you are interested in conservation, you can discuss your experience working with non-profits or volunteering with local organizations.

To know more about interest visit:

https://brainly.com/question/30393144

#SPJ11

which of the following is not a consequence if less than 10% of the property under contract is damaged by fire prior to closing?

Answers

If less than 10% of the property under contract is damaged by fire prior to closing, one consequence that may not occur is the termination of the contract. Typically, contracts have provisions that allow for a certain degree of damage to the property before the contract can be terminated.

However, it's important to note that there may still be other consequences or actions that need to be taken if the property is damaged. These can include:Negotiating repairs: The buyer and seller may need to negotiate how the damaged portion of the property will be repaired or compensated for. Adjusting the purchase price: If the damage affects the value of the property, the purchase price may need to be adjusted to reflect the condition of the property.

Seeking insurance coverage: The buyer may need to work with their insurance provider to determine if the damage is covered and what steps need to be taken to make a claim. Ensuring compliance with lender requirements: If the buyer is obtaining financing for the property, the lender may have specific requirements regarding the condition of the property that need to be addressed. In summary, while the termination of the contract may not be a consequence if less than 10% of the property is damaged by fire, there can still be other actions and considerations that need to be taken into account. It is important for both the buyer and seller to communicate and work together to address the situation.

To know more about damaged visit :

https://brainly.com/question/33496081

#SPJ11

The market for factors of production are Land, Labour, Capital, Enterprise True False

Answers

True. The market for factors of production is made up of four main elements, including Land, Labour, Capital, and Enterprise. These elements are essential to the production of goods and services, and they help to drive the economy.

Here is a little more about each of the elements:

Land: This refers to all natural resources, such as land, water, and minerals. These resources are used to produce goods and services, and they are often in limited supply.

Labour: This refers to the human input in the production process, including workers and their skills.

Capital: This refers to the machinery, tools, and other equipment used to produce goods and services.

Enterprise: This refers to the entrepreneurial spirit, creativity, and innovation that is required to bring new products and services to the market.

To know more about innovation visit:

https://brainly.com/question/30929075

#SPJ11

Other Questions
intermediate steps less than sho decimal places) The loan payment is : (Round to the nowest cent.) Differences in Roman Architecture1. What innovative structural systems and materials did the Romans develop and use in their buildings?2. Was their main architectural expression found in the secular or the religious? In your response please distinguish between religious and public architecture and be sure to provide examples. I need this in SQL 12 C I see one but it isnt what I need. Please help so I can get started Using the "DreamHome" database schema defined in section 4.2.6, pg. 111 and the "Staff" relation shown in Figure 4-3, pg. 112. Use the Oracle PL/SQL environment to create the "Staff" table and insert the records shown, in addition to 10 new records. Be sure to include both the "Primary Key" and the "Referential Integrity" (based on the "branchNo" foreign key and the "branchNo Primary key in the "Branch" table) in the table definition. Include a "DROP TABLE" statement as the first statement in the script. In addition, include the SQL statements that satisfy the following requirements. Create a query that displays the firstname, lastname, position, salary, street, city and postal code for all employees that make more than $11,000. Insert a record into the "Staff" table that includes a branch number that does not exist in the "Branch" table (i.e., this should fail if your table have been created correctly). In R, you are given the points P(15,23,34) and Q(56,6,17). If S lies on the line through P and Q, and dist(S,P) is 5 -times dist (P,Q), then the possibilities for S are: a)From P in the direction of Q : b)From P in the opposite direction of Q: the contoured floor of the cranial cavity exhibits curved depressions called the cranial fossae. match the named fossae with the appropriate description. ______________ is a measure of risk.A. Standard DeviationB. Scatter DiagramC. PortfolioD. Benn Diagram *** Java ProgrammingMany tall buildings in metropolitan cities, for superstitious reasons, do not have a 13th floor. Instead, the 13 floors is listed as the 14th floor and so on. Firefighters, though, do have to know the actual floor they are trying to get to. Write a small program that will take in the listed floor for a large building and return the actual floor.Sample runs of the program might look like the following:What floor is listed? 14The actual floor is 13What floor is listed? 17The actual floor is 16What floor is listed? 8The actual floor is 8 Jessica can finish her task for 2 hours and Joel can finish his task twice as fast as Jessica. Would it be better if they would do the task together? How long would it take if they would work together Designating certain individuals as beneficiaries of a policy cannot only protect death benefits, it can protect the policy itself from execution and seizure, In this regard which of the following are commonly iunown as "protected" or "family class" beneficiaries. 1. Spouse (including the common law spouse); 2. Child 3. Grandchild 4. Parent of the life insured 5. The estate Select one: a. 1,2,3&5 b. 1, 2, 384 C. 1,3,485 d. They are all correct whuch would be the priortiy nursing action when the nurse notices increased irrabillity drowsiness and poor feeding in an infant who has just undergone surgery TASK White a Java program (by defining a class, and adding code to the ma in() method) that calculates a grade In CMPT 270 according to the current grading scheme. As a reminder. - There are 10 Exercises, worth 2% each. (Total 20\%) - There are 7 Assignments, worth 5% each. (Total: 35\%) - There is a midterm, worth 20% - There is a final exam, worth 25% The purpose of this program is to get started in Java, and so the program that you write will not make use of any of Java's advanced features. There are no arrays, lists or anything else needed, just variables, values and expressions. Representing the data We're going to calculate a course grade using fictitious grades earned from a fictitious student. During this course, you can replace the fictitious grades with your own to keep track of your course standing! - Declare and initialize 10 variables to represent the 10 exercise grades. Each exercise grade is an integer in the range 025. All exercises are out of 25. - Declare and initialize a varlable to represent the midterm grade, as a percentage, that is, a floating point number in the range 0100, including fractions. - Declare and initialize a variable for the final grade, as a percentage, that is, a floating point number in the range 0100, including fractions. - Declare and initialize 7 integer variables to represent the assignment grades. Each assignment will be worth 5% of the final grade, but may have a different total number of marks. For example. Al might be out of 44 , and A2 might be out of 65 . For each assignment, there should be an integer to represent the score, and a second integer to represent the maximum score. You can make up any score and maximum you want, but you should not assume they will all have the same maximum! Calculating a course grade Your program should calculate a course grade using the numeric data encoded in your variables, according to the grading scheme described above. Output Your program should display the following information to the console: - The fictitious students name - The entire record for the student including: - Exercise grades on a single line - Assignment grades on a single line - Midterm grade ipercentage) on a single line - Final exam grade (percentage) on a single line - The total course grade, as an integer in the range 0-100, on a single llne. You can choose to round to the nearest integer, or to truncate (round doum). Example Output: Studant: EAtietein, Mbert Exercisan: 21,18,17,18,19,13,17,19,18,22 A=1 gnimente :42/49,42/45,42/42,19/22,27/38,22/38,67/73 Midterm 83.2 Fina1: 94.1 Orader 79 Note: The above may or may not be correct Comments A program like this should not require a lot of documentation (comments in your code), but write some anyway. Show that you are able to use single-tine comments and mult-line comments. Note: Do not worry about using functions, arrays, or lists for this question. The program that your write will be primitive, because we are not using the advanced tools of Java, and that's okay for now! We are just practising mechanical skills with variables and expressions, especially dectaration, initialization, arithmetic with mbed numeric types, type-casting, among others. Testing will be a bit annoying since you can only run the program with different values. Still, you should attempt to verify that your program is calculating correct course grades. Try the following scenarios: - All contributions to the final grade are zero. - All contributions are 100% lexercises are 25/25, etc) - All contributions are close to 50% (exercises are 12/25, etc). - The values in the given example above. What to Hand In - Your Java program, named a1q3. java - A text fite namedaiq3. txt, containing the 4 different executions of your program, described above: You can copy/paste the console output to a text editor. Be sure to include your name. NSID. student number and course number at the top of all documents. Evaluation 4 marks: Your program conectly declares and initializes variables of an appropriate Java primitive type: - There will be a deduction of all four marks if the assignments maximum vales are all equal. 3 marks: Your program correctly calculates a course grade. using dava numenc expressions. 3 marks: Your program displays the information in a suitable format. Specifically, the course grade is a number, with no fractional component. 3 marks: Your program demonstrates the use of line comments and multi-line comments. True or False. The role of the respiratory system is to ensure that oxygen leaves the body and carbon dioxide enters the body. You need to make an aqueous solution of 0.222M iron(III) chloride for an experiment in lab, using a 250 mL volumetric flask. How much solid iron(III) chloride should you add? grams decisions regarding the types of parts purchased, suppliers used, and the manufacturing process employed should be decided in which phase of the supply chain integration model? aldosterone is a steroid hormone that regulates reabsorption of sodium ions in the kidney tubular cells. what is the probable mechanism of action of aldosterone? specialization and trade make a country better off because with trade, the country can consume at a point in order to allow a natural monopoly to continue operations in the long run, the regulated price must be at least as high as the minimum point of the average total cost curve. minimum point of the average variable cost curve. average total cost where the average total cost curve meets the demand curve. minimum point of the marginal cost curve. marginal cost where the marginal cost curve meets the demand curve. frequent headaches, indigestion, and sleep disturbances are _____ symptoms of depression. errors like segmentation fault, access violation or bad access are caused due to _____. TRUE/FALSE. views from the north and south were polarized but the compromise of 1850 made them reach a temporary political balance. it accomplished what it intended to achieve at the time, to revitalize the union and peace