A person or business that offers loans at extremely high interest rates called is loan shark.
A loan shark is a person or institution that lends money at exorbitant interest rates and frequently threatens with violence to recover debts. The interest rates are often far higher than the set legal rate, and loan sharks are frequently members of organized crime groups.
A loan shark is someone in one's personal or business network who offers high-interest loans. They can be found in underbanked areas, through the internet, or via personal networks. Their funds are typically undisclosed, and they operate for unregistered corporations or personal businesses.
Background checks and credit records are not required by loan sharks. They will lend big sums of money in the hopes of earning a high rate of return.
To know more about loan shark:
https://brainly.com/question/11632219
#SPJ4
Which branch of texas government is responsible for setting the budget? question 5 options: a. executive b. judicial c. legislative d. municipal
The a) executive branch of Texas government is responsible for setting the budget.
The executive branch of the Texas government plays a vital role in ensuring the state is financially secure.
They are responsible for setting the budget for the year and managing the state’s funds, so it is essential that they are able to make informed and wise decisions.
The governor, lieutenant governor, comptroller, and attorney general are the four major offices within the executive branch and are responsible for ensuring that the state’s financial obligations are met.
The budget is created annually and is an important part of the state’s financial planning. It is also used to determine how much money is available to fund various state services and programs.
The executive branch is responsible for overseeing the budget process and making sure that the funds are being used correctly and efficiently.
To learn more about executive, click here:
https://brainly.com/question/11422252
#SPJ4
why were no federal taxes withheld from my paycheck
What is the difference between public and private sectors give examples?.
The difference between public and private sectors is that private sector companies are privately owned by people. Governmental organizations are "owned" by and function on behalf of the public; they are not owned by specific individuals.
Difference between public and private sectors:
Companies that are owned, operated, and governed by individuals make up the private sector. While the government owns and controls a variety of business enterprises in the public sector.The government offers financial support to businesses in the public sector, but it does not do so for businesses in the private sector.National Thermal Power Corporation, State Bank of India, Indian Oil Corporation Limited, Highway Authority Limited, Bharat Petroleum Corporation Limited, and National are a few examples of companies in the public sector.Reliance Industries Limited, ICICI Bank, and HDFC Limited are a few examples of the private sector.For such more question on sector:
brainly.com/question/11503492
#SPJ4
The purpose of both mitosis and meiosis is to create new cells. Both processes involve the replication of genetic material within the cell, and both take place within a sexually reproducing individual. There is a difference between the processes, however. What is one crucial difference?.
Mitosis is the process of a single cell dividing into two identical daughter cells, while meiosis is the process of a single cell dividing into four daughter cells with half the amount of genetic material.
What do you mean by Mitosis?
Mitosis is a part of the cell cycle and involves the division of the nucleus and the duplication of the genetic material contained within. During mitosis, a cell divides into two identical daughter cells that contain the same number and type of chromosomes as the parent cell. This occurs during the metaphase stage of the cell cycle when the chromosomes are lined up in the middle of the cell. After mitosis, cytokinesis occurs which is the final stage of the cell cycle and involves the physical separation of the two daughter cells. Mitosis is necessary for the growth, development, and repair of multicellular organisms.
So, Mitosis is the process of a single cell dividing into two identical daughter cells, while meiosis is the process of a single cell dividing into four daughter cells.
To learn more about Mitosis:
https://brainly.com/question/23750975
#SPJ4
Select the four principles that underlie the strategic marketing process.
The four principles that underlie the strategic marketing process are market orientation, market segmentation, product differentiation and market positioning.
1. Market Orientation: Companies need to have a customer-centric approach to marketing and be willing to adjust their marketing strategies to meet customer needs. This means that companies should focus on understanding their target audience, developing an effective positioning strategy, and building relationships with customers.
2. Market Segmentation: Companies should divide their markets into distinct groups of customers who have similar needs and preferences. By understanding different customer segments, companies can tailor their offerings to meet their needs.
3. Product Differentiation: Companies should differentiate their products and services from those of their competitors in order to stand out in the marketplace. This can be achieved through innovation, pricing strategies, and marketing tactics such as advertising and promotions.
4. Market Positioning: Companies should position their products and services in the minds of their target customers in order to gain a competitive advantage. This requires a clear understanding of the competition and the ability to communicate a unique message that resonates with customers.
For more questions like Marketing click the link below:
https://brainly.com/question/29850705
#SPJ4
Dean is taking a personal assessment and notices that many of his interests involve the reading and creation of language arts and poetry. What career cluster will the assessment most likely indicate to be fitting for Dean?
Technology
Art and Performance
Legal
Public Service
Art and performance is the profession cluster that the assessment is most likely to suggest is appropriate for dean.
What is Career ?A student discovers his potential and career priorities after completing or while continuing their higher education. One can choose a stable job or venture. Everyone has different priorities for their career. The area of study a student decides to specialise in is their career.
The dean's ideal career would be in the performing and visual arts.
Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category.
Learn more about Career here
https://brainly.com/question/17451479
#SPJ1
Answer:
art and performance
Explanation:
:)
During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the
designated driver was present and remained sober. guest's BAC was checked throughout the evening. server recently attended proper alcohol training, server contributed to the injury.
Courts will attempt to ascertain if the designated driver was there and stayed sober throughout civil lawsuit proceedings over alcohol service.
A lawsuit is a legal action brought by one or more plaintiffs or claimants against one or more defendants. Only a limited number of laws from long ago that are still in force include the phrase "suit in law." The term "lawsuit" refers to a civil action that is launched by a plaintiff—a party who alleges that they have suffered loss as a result of the defendant's actions—and in which the plaintiff asks the court for either a legal remedy or an equitable remedy.
To learn more about lawsuit proceedings refer here:
https://brainly.com/question/14310615
#SPJ4
On October 1, 2020 Sunland Company issued 6%, 10-year bonds with a face value of $5930000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a credit of $237200 to Premium on Bonds Payable. $177900 to Interest Payable. $237200 to Discount on Bonds Payable. $5692800 to Bonds Payable
The entry to record the Issuance of the bonds would include a debit of $5,930,000 to Cash and a credit of $5,692,800 to Bonds Payable.
The difference between the face value of the bonds and the amount of cash received is either a premium or discount on the bonds. If the amount of cash received is greater than the face value of the bonds, a debit to Premium on Bonds Payable is recorded.
In this case, the $237,200 premium is recorded with a debit to Premium on Bonds Payable. This premium needs to be amortized over the life of the bonds, which is done with a credit to Interest Expense and a debit to Premium on Bonds Payable. The remaining portion of the entry is a credit of $179,900 to Interest Payable.
For more questions like Bonds click the link below:
https://brainly.com/question/24243341
#SPJ4
What is Accenture's role in multi party systems practice?.
Accenture Blockchain and Multiparty Systems specializes in supply chain, digital identity and financial services. In each of these domains, we have built incredible foundational capabilities, confirmed proofs of value, and helped business ecosystems implement the first wave of multiparty systems.
About AccentureAccenture is a leading global professional services company that helps the world's leading businesses, governments, and other organizations build their digital core, streamline operations, accelerate revenue growth, and improve people's services -- creating real value at scale and speed.
They are a talented and innovative company with 738,000 employees serving customers in more than 120 countries. Technology is at the heart of today's transformation, and we are a global leader in driving that transformation with strong ecosystem relationships.
They combine our technological strengths with unmatched industry experience, operational know-how and global delivery capabilities. With our range of services, solutions and resources across Strategy and Consulting, Technology, Operations, Industry X and Accenture Track, we are uniquely positioned to deliver real results.
These qualities, together with a culture of mutual success and a commitment to 360° value creation, allow us to help our clients thrive and build trusting and lasting relationships. They measure our success by the 360° value we create for our customers, each other, shareholders, partners and our community.
Learn more about Accenture at https://brainly.com/question/30173727.
#SPJ4
How many coins are in a nickel?.
A nickel is a five-cent coin of the United States, hence only 1 coin which is worth 5 cent in a nickel.
The penny, nickel, dime, and quarter are the four most frequent coins. They are individually worth varying sums of money and have distinct physical characteristics that can be distinguished by touch.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
A penny = 1 cent.
A nickel = 5 cents.
A dime = 10 cents.
A quarter = 25 cents.
A nickel is a five-cent coin, hence, only 1 coin in a nickel.
Learn more about coin here:
https://brainly.com/question/24342899
#SPJ4
Sarah makes $43,000 per year, is single, and lives in connecticut. She has $19,000 in direct subsidized loans and $8000 in direct unsubsidized loans.
The repayment plan will be the cheapest for her in total is Standard repayment plan.
A standard repayment plan is an amortization schedule in which he pays a fixed monthly amount for 10 years.
This makes a total of 120 payments. The standard repayment plan has the advantage of accruing less interest and making payments over a shorter period of time than the federal repayment plan.
Because unsubsidized loans pay higher interest than subsidized loans, Sarah has to pay off the unsubsidized loan first. This minimizes interest payments.
To learn more about 'standard repayment plan, here:
https://brainly.com/question/25246413
#SPJ4
Complete question:
SARAH makes $43,000 per year, is single, and lives in Connecticut. She has $19,000 in subsidized loans and $8000 in unsubsidized loans. Which repayment plan will be the cheapest for her in total?
What is a product with inelastic supply?.
Inelastic supply refers to go-ods where the level of supply will not signifi-cantly change as prices change. Usually, the-se are goods whe-re it is hard to add or sub-tract to the supply, or suppliers are ope-rating at nearly full capa-city.
One exam-ple of a good wi-th inelastic supply is hou-sing. Inelastic products are usu-ally necessities without accept-able substitutes. The most com-mon goods with inelastic dem-and are utilities, prescri-ption drugs, and toba-cco products. Businesses offer-ing such products maintain greater flexi-bility with prices beca-use demand remains cons-tant even if prices in-crease or decrease.
Exam-ples of go-ods with inelastic dem-and include gasoline, nece-ssary foods, and prescription drugs.
To know more about inelastic supply click below:
brainly.com/question/8997479
#SPJ4
It is the function of the _____ to take the strategic plan and develop actionable short-term goals that a business can achieve.
A. tactical plan
B. mission statement
C. vision statement
D. operating plan
Option d: Operating plan. It is the function of the operating to take the strategic plan and develop actionable short-term goals that a business can achieve.
Operations planning (OP) is the process of planning from strategic goals and objectives to technical goals [must be explained] and objectives.
Describe milestones, conditions for success, and explain what and how parts of the strategic plan will be implemented during a specific period of operation, fiscal year of commercial use, or other specific budget period To do.
The Operating Plan is the basis and basis for the annual operating budget request. Therefore, a five-year strategic plan typically requires five operational plans funded by five operational budgets.
The operational plan should define the activities and budgets for each part of the organization for the next one to three years.
They relate the strategic plan to the activities the organization undertakes and the resources needed to do so.
To learn more about operations planning, here:
https://brainly.com/question/29642933
#SPJ4
The internal audit function reports to the CFO or ____ and the ____.
Reports from the internal audit function are given to the CFO or CEO as well as the Audit Committee of the Board of Directors.
What is the internal audit function?
Internal audit (IA) functions' main job is to promote operational sustainability and assist decision-makers in safeguarding organizational assets and reputations—tasks that have come under growing strain over the past year.
The CFO or CEO, as well as the Board of Directors' Audit Committee, receive reports from the internal audit division.
Determining conformity with policies and procedures is one of an audit department's main duties.
Evaluate the effectiveness of internal controls.
Internal auditing activities: assessing controls and offering guidance to managers at all levels. assessing dangers.
Operations analysis and information confirmation. cooperating with additional assurance suppliers.
The criterion, condition, cause, consequence, and corrective action are frequently listed in internal audit reports.
Therefore, reports from the internal audit function are given to the CFO or CEO as well as the Audit Committee of the Board of Directors.
Know more about the internal audit function here:
https://brainly.com/question/29508418
#SPJ4
Doeringer’s research suggests that japanese managers pay attention to values and attention to business performance.a. Trueb. False
It is true that Japanese managers pay attention to values and attention to business performance
Businessman is the US and Europe know Japanese industry as an important supplier and competitor but they should know it as a teacher. Japanese managers especially those in business, behave in a strikingly different fashion from US and European managers. The Japanese apply different approaches and policies to tackle each of these problems. If there is one point on which all authorities on Japan are in agreement, they make decisions by consensus. Japan is known for having a traditional, formal and very ritualistic approach to conducting business which demands a focus on detail.
Know more about Japanese manager approach refer to:
https://brainly.com/question/13993158
#SPJ4
estimate how much taxes will be taken out of my paycheck
Your company will deduct taxes, Social Security, and Medicare from your take-home pay. Your income, number of dependents, and filing status will determine the federal expenses taken from each paycheck.
One way to reduce how much tax you owe is to take advantage of tax deductions, which are subtracted from your taxable income. You have the option of taking the standard deduction, which is a lump sum deduction, or of itemizing your deductions on Schedule A of your income tax return.
Payroll deductions are the dollar amounts subtracted from an employee's gross pay to cover mandatory withholdings, court-ordered garnishments, and voluntary contributions to perks like health insurance. These withholdings, which may include income taxes, levies for social security, and 401(k) contributions, account for the difference between gross and net compensation.
To know more about tax credits and tax deductions:
https://brainly.com/question/17395659
#SPJ4
How many overdraft fees can be charged?.
can i still get a refund if no federal taxes were withheld
Marlie, an American who has health insurance through her employer, wants to have some elective cosmetic surgery done. She is horrified by the out-of-pocket expenses she would incur were she to get it done in the United States, but her insurance provider also works with surgeons in other countries, where the cost of care is lower, and refers her to a surgeon in Thailand. Marlie is best described as engaging in _____ in order to get the surgery she wants
Option C, Marlie is best depicted as taking part in the medical tourism industry to get the medical procedure she needs.
Marlie, an American with health care coverage through her manager, needs to have an elective restorative medical procedure done. She is upset by the personal costs she would confront if she somehow happened to make it happen in the US.
Her protection supplier works with specialists in different nations where the expense of care is lower and alludes her to a specialist in Thailand. Marlie is venturing out to one more country for clinical therapy and is participating in clinical the travel industry.
To learn more about health insurance at
https://brainly.com/question/29042328
#SPJ4
The question is -
Marlie, an American who has health insurance through her employer, wants to have some elective cosmetic surgery done. She is horrified by the out-of-pocket expenses she would incur were she to get it done in the United States, but her insurance provider also works with surgeons in other countries, where the cost of care is lower, and refers her to a surgeon in Thailand. Marlie is best described as engaging to get the surgery she wants. Select one: a doctor shopping b. out-of-network care c. medical tourism d. gatekeeper bypassing e quality sacrifice
the date/time and amount of an atm transaction is an example of ____.
The date, time, and amount of an ATM transaction is an example of metadata.Metadata refers to data that provides information about other data.
In this case, the date, time, and quantum of an ATM sale give information about the sale itself. The date and time inform us when the sale took place.while the quantum tells us how important plutocrat was withdrawn or deposited.
This metadata helps us understand the environment and details of the sale, and is useful for shadowing, monitoring, and assaying ATM operation.Metadata is used extensively in colorful systems and operations to give a more complete picture of the data being stored and used.
To learn more about Metadata:
https://brainly.com/question/14960489
#SPJ4
evaluate whether russia’s economic modernization in the nineteenth century was motivated primarily by internal or by external factors.
The economic modernization of Russia in the 19th century depended on the combination of both factors, both internal (State) and external (Foreign Capital).
Modernisation has been a recurring motif in Russian history at this point since Paul the Great initiated a series of programs aimed at closing the financial, technological and social gap among both Russia and the more 'advanced' countries of Europe. All of the rulers of the Soviet Union and post-Soviet Russia were acutely aware of this gap and pursued a variety of modernization strategies, some more successful than others. However, it would be incorrect to regard modernisation as a deterministic process reserved solely for the state. Modernization has had significant effects on Russian society, and the perceptions of various social groups have been critical to modernisation's success or failure
To learn more about modernization of Russia refer here
brainly.com/question/2991793#
#SPJ4
how to remove hard inquiries from your credit report
The quickest way to remove tough inquiries from a credit score report is to file a formal dispute. Credit bureaus will from time to time dispose of the disputed record proper away whilst they conduct an investigation, at which time it will both be reinstated or removed permanently.
How many points is a tough inquiry?According to FICO, a hard inquiry from a lender will decrease your credit score rating five points or less. If you have a robust credit history and no different savings issues, you may additionally locate that your rankings drop even less than that. The drop is temporary.
Learn more about hard inquiry here:
https://brainly.com/question/30215000#SPJ4shemar performs planning, organizing, leading, and controlling functions for his organization, so he should be considered a manager. true or false
The sentence "Shemar should be regarded a manager because he performs planning, organizing, leading, and managing functions for his organisation." is True.
Setting objectives, creating strategies, and laying out tasks and timelines are all parts of the planning process. To accomplish the goals, organising entails allocating resources and assigning duties. Working as hard as you can can help you attain your organisational goals.
The act of leading involves inspiring and encouraging people to cooperate in order to accomplish the desired results. Monitoring performance and taking corrective action to ensure that the objectives are being met is the process of controlling. The caliber of your work will determine whether you receive a promotion.
For such more question on leading.
https://brainly.com/question/1232764
#SPJ4
Need help asap asap
The balance sheet on June 30 would be:
Cash = $80,000
Accounts receivable = $20,000
Prepaid account = $12,000
Total Current Asset = $112,000
Plant, Property and Equipment = $800,000
Intangible asset = $66,000
Other Non-Current Asset = $100,000
Total Non Current Asset = $966,000
Total Assets = $1,078,000
Loan to K. Phillips = $100,000
Accounts Payable = $65,000
Other Current Liabilities = $85,000
Total Current Liabilities = $250,000
Notes payable = $120,000
Total Long-term Liabilities = $120,000
Total Liabilities = $370,000
Common stock = $45,000
Retained earnings = $663,000
Total Equity = $708,000
Total Liabilities and Equity = $1,078,000
Based on the data given, the trial balance prepared was constructed under personal account. We have to make some adjustment in the accounts to prepare the balance sheet in the order of permanence.
Capital account reflects the different between assets and liabilities of a company. Then, we need to find the total asset on June 30.
Total Asset = Capital + net profit/loss - Drawings + Liabilities
Total Asset = $721,000 + (- $9,000) - $4,000 + ($250,000 + $120,000)
Total Asset = $1,078,000
Total Asset consists of both current and non current asset. Using the data given, we can find that:
Total Asset = Cash + Prepaid Accounts + PPE + Intangile asset + Accounts Receivable + Other Non current Asset
$1,078,000 = $80,000 + $12,000 + $800,000 + $66,000 + $20,000 + Other non-curret asset
Other non-current asset = $100,000
Next, we assume that all amount under creditors account represent the short-term liabilities and bank account refers to long-term liability. Hence we can find the amount under accounts payable is:
Creditors = Loan K. Phillips + Short-term liabilities + Account Payable
$250,000 = $100,000 + $85,000 + Accounts payable
Accounts payable = $65,000
The amount under banks account will be recorded under Notes Payable on the balance sheet.
We will use the ending amount of stock as the common stock price. Hence, we need to calculate the Retained Earnings account to balance the account.
Total asset = Total liabilities & Equity
Total asset = Total liabilities + Total equity
Total asset = Total liabilities + Common stock + Retained earnings
$1,078,000 = $370,000 + $45,000 + Retained earnings
Retained earnings = $663,000
Learn more about Balance Sheet here: brainly.com/question/26323001
#SPJ1
The types of accounts which affect retained earnings are:
(Select all that apply)
Liabilities
Dividends
Assets
Revenues
Expenses
The amount of profit a business keeps after paying all of its direct and indirect expenses, income taxes, and dividends is known as retained profits.
Does accounts receivable have an impact on retained profits?Any accounting method can be used to produce a retained earnings statement. The main distinction is that since neither is utilized in cash accounting, balances for accounts receivable and payable would not be included in the formula.
What three things make up retained earnings?The beginning period retained earnings, net profit or net loss realized during the accounting period, and cash and stock dividends paid during the accounting period are the three elements that make up retained earnings.
To know more about profit visit:
https://brainly.com/question/15036999
#SPJ4
What are the 4 factors of production and their characteristics?.
Answer:
Land - All natural resources which is used to facilitate in production process
Capital - Things which are produced by only man
Labour - The mental and physical contribution to production process
Entrepreneurship
what worldwide economic crisis took place prior to world war 2?
The concept is Economic crisis, a variety of situations in which some financial assets suddenly lose value. The answer is the Great Depression.
Ironically, it was World War II, due in part to the Great Depression, that pulled the United States out of a decades-long economic crisis. The Great Depression contributed to dire economic conditions in Weimar Germany, leading in part to the rise of Adolf Hitler and the Nazi Party.
In the United States, the effects of the crash reinforced and reinforced restrictive American immigration policies. An economic crisis represents a situation where a country's economy suddenly loses strength, a decline usually caused by a financial crisis.
An economic crisis can take the form of economic stagflation, recession, or depression. As government spending dried up, the economy plunged into a severe recession and GDP fell by 11%.
To know more about the Economic crisis,
brainly.com/question/27760078
#SPJ4
How is the government involved in the automobile industry?.
Government regu-lation in the automobile indus-try directly affects the way cars lo-ok, how their compo-nents are designed, the safety feat-ures that are inclu-ded, and the over-all performance of any given veh-icle.
Government regul-ation also has a signi-ficant effect on the automobile busi-ness by generally increasing pro-duction costs while also placing limit-ations on how cars are sold and mark-eted. Automobile regulations are desig-ned to benefit the consumer and pro-tect the environ-ment, and auto-makers can face stiff fines and other penal-ties if they are not follow-ed.
In the automobile industry, govern-ment inter-vention plays major role in main-taining safety of vehicle users, inno-vation and quality.
To know more about automobile click below:
brainly.com/question/11177130
#SPJ4
How are economic resources allocated in a market economy?
Economic resources in a market system are allocated to their most productive use through market prices.
What is the economic resource?They serve as the raw material for the creation of other types of capital. They promote taxation, income, and the fight against poverty. Natural resource-related industries create jobs and are frequently the backbone of the economies of poorer towns.
Land, labour, capital, and entrepreneurial skill are the four main economic resources, also known as production components. Land refers to any natural resource used in the manufacturing process, including what is visible on the surface.
Markets coordinate all factors of production and consumption in market economies, and property rights form private ownership of resources. In a market economy, resources are distributed to the use that will maximise their productivity using market prices.
Learn more about Economic resources refer to :
brainly.com/question/1503203
#SPJ4
What is a characteristic of certificates of deposit CDs )?.
A CD, or certificate of deposit, has a set interest rate that is often higher than the interest on on a standard savings account.
It also has a predetermined withdrawal date, or maturity date, and a predetermined term end date. You lock money in a CD for an amount of time that normally varies from three months to five years.
In the US, banks, thrifts, and credit unions typically offer certificates of deposit (CDs), a sort of time deposit. Certificates of deposit (CDs) and savings accounts differ from one another since a CD frequently has a fixed interest rate and a predetermined length of time (commonly one, three, or six months).
To learn more about Certificates of deposit here:
brainly.com/question/29789679
#SPJ4
