The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.
What is Mortgage?Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.
When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.
Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.
The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.
Learn more about Adjustable-Rate Mortgages here:
https://brainly.com/question/12345275
#SPJ1
3. At which ONE of the following temperatures do bacteria
grow best?
O 4°C
O 37°C
O -18°C
O 70°C
Answer:
37*C i think? but im not sure
If you are willing to accept some risk in your long-term savings strategy, you might want to invest in
A. stocks
B. certificates of deposit
C. savings accounts
D. bonds
If you are willing to take a risk in your long-term savings strategy, you could invest in stocks.
What are stocks?Corresponds to a percentage of the share capital that a company trades on the stock exchange, with the investor who buys a fraction of this capital, the partner of a company, and receiving dividends on the profitability of a period.
Therefore, investing in stocks can be risky due to the economic conditions and financial health of the company, and it is essential to implement a diversification strategy to reduce the risk of losses.
Find out more about stocks here:
https://brainly.com/question/25818989
#SPJ1
Answer:stocks
Explanation: DID not just take the quiz and look at the lesson ;)
If you need to have $800 in savings at the end of 4 years and your savings
account yields 5% annual interest, how much do you need to deposit today?
The amount needed to deposit is $658.16. The present value of cash inflows and outflows over time is called net present value.
What is a Present Value?The Present value is the current value of a future sum of money that has been discounted by a rate of return is called the present value. It informs you of the amount you'd have to put in today to earn a particular sum tomorrow. The difference between the present value of cash inflows and outflows over time is called net present value.
Given;
Future Value = $800
interest = 5%
Time = 4 years
Calculation of Present Value = Future Value divides by (1+interest)ⁿ
= 800/ (1+0.05)⁴
= $658.16
Thus, The Present value is the current value of a future sum of money $658.16 is needed to save to get $800 at the end of 4 years at the rate of 5%.
Learn more about Present Value here:
https://brainly.com/question/17322936
#SPJ1
A sound accounting framework allows for all of the following benefits
Identical items being reported on the financial statements of different companies
Uniform comparisons between companies
Consistency in financial reporting across industries
Increased reliability and relevance of financial statements
A sound accounting framework allows for all of the following benefits EXCEPT that A. Identical items being reported on the financial statements of different companies
What is Accounting?
This refers to the financial record that is taken about a given business to find out the profit and loss income.
Hence, we can see that based on the use of a sound accounting framework, there exists several benefits such as uniform comparisons between companies, etc, but option A is the correct answer.
Read more about accounting here:
https://brainly.com/question/27372717
#SPJ1
Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to include an organization that you belong to.
Answer:
Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:
1. Arranging a group of people who work in specific studies
2. Taking books by their genre, and putting them together
3. The economic pyramid, is the perfect example of an organization. Defining society by class.
Which of the following is true of goal setting?
Answer: A. Specific, difficult goals are best.
Explanation:
A wealth of research such as the Goal-Setting Theory by Edwin Locke have gone into proving that Specific, difficult goals are best for Motivation.
The premise behind this logic is that if you focus on a specific goal, you can channel proper energy to it and can work towards it rather than vague goals.
For example, if you say you're going to write a book by the end of the year. That's a bit vague. If you say however that for 10 hours each week you'll endeavour to write at least 2 chapters of the book, that's Specific and you'll have a better chance of accomplishing that.
Nolan Walker decided to buy a used snowmobile since his credit union was offering such low interest rates. He borrowed $2,800 at 5.25% on December 26, 2019, and paid it off February 21, 2021. How much did he pay in interest? (Assume ordinary interest and no leap year.) (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
Using the formula for simple interest, it is found that Nolan Walker paid $170.35 in interest with the principal amount.
What is the simple interest?Simple interest is computed on the loan principal or the first deposit into a savings account. Because simple interest does not compound, a creditor will only pay interest on the principal amount.
Formula:
S.I. = P×R×T
Where,
S.I. = Simple Interest
P = Principal Amount = $2,800
R = Interest Rate = 5.25%
T = Time Period = 423 days (From Dec. 26, 2019, to Feb. 21, 2021)
Then, the amount of S.I. by applying the given values in the formula would be:
S.I. = $2,800× 0.0525 ×423/365
S.I. = $170.35
Therefore, He will pay $170.35 as interest.
Learn more about the simple interest, refer to:
https://brainly.com/question/20595462
#SPJ5
You plan to participate in an educational event sponsored by a large regional health care system. One of your colleagues suggests that you do a presentation on one of the Medicare Health plans you market and modify it to include information about preventive screening tests showcased at the event. How should you respond to your colleague’s suggestion?
Participation in an educational event may not include a sales presentation, therefore, it is better to inform the colleague that you will not be able to do it.
What do you understand by the term "Educational Event"?An academic event means an academic presentation finished in a single consultation for you to generally now no longer exceed greater than six (6) hours.
Education occasion refers to a schooling occasion, third-party clinical or academic conference, expert assembly or workshop, seminar, U.S. Food, and Drug Administration required education and schooling, or another accumulating held in a venue that is suitable and conducive to informational conversation and schooling approximately healthcare information.
Therefore, Participation in an educational event may not include a sales presentation, therefore, it is better to inform the colleague that you will not be able to do it.
learn more about educational events:
https://brainly.com/question/25887038
#SPJ1
The debt to tangible net worth ratio is calculated as follows:
(Equity - Intangible Assets) / Interest Bearing Liabilities
Interest Bearing Liabilities / Equity
Interest Bearing Liabilities / (Equity - Intangible Assets)
Equity / Interest Bearing Liabilities
The debt to tangible net worth ratio is calculated as Interest Bearing Liabilities divided by the total of Equity less the Intangible Assets.
What is Tangible Net Worth?A net worth of an individual or an organization, which does not involve or take into consideration the intangible assets held by such individual or organization is known as the tangible net worth.
Hence, option C holds true regarding the formula of debt to tangible net worth ratio.
Learn more about the Tangible Net Worth here:
https://brainly.com/question/4513714
#SPJ1
Where is focus located in concave mirror?
C) Concave mirror has the focus located in front of its reflecting surface. A concave mirror, or converging mirror, has a reflecting surface that is recessed inward.
Answer:
you are correct for this answer
Advertising geared toward attracting not only customers but also potential investors and employees is classified as__ advertising
An institutional advertisement is one that is not focus only on attracting only customers but also potential investors and employees.
What is an institutional advertisement?This type of advert is when an organization used so that people can have a positive opinion of the firm existence.
Hence, this type of advertisement is not only for attracting only customers but also to attract potential investors and employees.
Read more about institutional advertisement
brainly.com/question/16004938
#SPJ1
What was the relationship of customer relationship management to Kenya Airways’ business performance and business strategy?
There was a close relationship between Customer Relationship Management and their Business Performance of the Kenyan Airways.
In the case study 'Kenyan Airways Flies High with Customer Relationship Management', the progress of the Kenyan Airways of understanding the importance of Customer Relationship Management in their business. Essentially, Customer Relationship Management (CRM), was a business strategy that the airlines realized the importance of, in order to build an efficient business and increase profits. Until 2014, although the Kenyan Airways was one of the top airlines in Africa, for both domestic and international travel, it could not capitalize effectively. This was because they company did not procure any data on its customers, thereby, limiting their knowledge on them, and therefore, not being able to cater to their special needs/requirements. It was only after adopting the Oracle tools, that they were able to collect customer data, they were able to improve CRM and as a result, the increase in sales as well as profits for the company.From the above, the relationship between CRM and the Business Performance of the Kenyan Airways is clear.
Learn more about Customer Relationship Management here:
https://brainly.com/question/21299183
#SPJ10
Capital structure of a firm which of the following statements is true of equity financing less risky than deft financing.
Requires forms to agree to burdensome covenants
Less flexible then debt financing
If a corporation doesn't want to give up any ownership of the business, debt financing would be preferred to equity financing. If a business has confidence in its finances, it would not wish to pass on the earnings to shareholders by giving someone else shares.
Is Debt Financing or Equity Financing Riskier?
It varies. If you are not making money, debt financing may be riskier because your lenders will put more pressure on you to make payments. Equity financing might be problematic, though, if your investors anticipate that you will make a healthy profit, which they frequently do. If they are not satisfied, they may try to bargain for lower equity prices or completely divest.
Is Debt Cheaper Than Equity?
Debt may be less expensive than equity depending on your company and how well it performs, but the contrary is also true. Your equity finance essentially comes at no cost to you if your business fails and closes. You must still repay the loan plus interest even if you use debt finance to obtain a small business loan but make no money. In this case, debt financing is more expensive. However, the amount you pay shareholders may be far higher than it would be if you had retained ownership and only made a loan if your company sold for millions of dollars. Every situation is unique.
Learn more about debt financing here :
https://brainly.com/question/24160240
#SPJ10
1 Think of a relevant example in your own life of how a change in the market including information, preferences, technology, price of alternative goods, regulations, taxes, etc has shifted either the supply or demand of a good. How did this change affect the market equilibrium for that good or service?
A relevant example in my own life of how a change in the market in terms of information, technology and others has shifted the demand of a good is when I and some others knew that one can work easily from home through the use of a laptop and as such, the demand for laptops became very high as well as affordable internet subscription plan.
What is shift in demand?A shift in demand connote when at any given price, the quantity demanded of a product or services is said to be different than it was before then and as such, shift in demand can happen due to income increase.
Therefore, a relevant example in my own life of how a change in the market in terms of information, technology and others has shifted the demand of a good is when I and some others knew that one can work easily from home through the use of a laptop and as such, the demand for laptops became very high as well as affordable internet subscription plan.
Learn more about shift in demand from
https://brainly.com/question/6345825
#SPJ1
Type the correct answer In the box. Spell all words correctly.
What happens to your tax llability with proper financial planning?
You can
your tax liability through proper financial
planning.
Answer:
I think the question is incomplete
Santa Barbara Express has 4 sales employees, each of whom earns $5,000 per month and is paid on the last working day of the month. Each employee’s wages are subject to FICA social security taxes of 6.2% and Medicare taxes of 1.45% on all wages. Withholdings also include federal income tax of $800 for each employee and monthly medical insurance premiums of $110 for each employee.
A journal entry is the act of recording any transaction, whether one that is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions.
Part a) The journal entry is as follows:
Date Account Titles Debit Credit
Jan-31 Sales Salaries Expense (5000*4) $20,000
FICA - Social Security Taxes Payable (20,000*6.2%) $1,240
FICA - Medicare Taxes Payable (20,000*1.45%) $290
Employee Federal Income Taxes Payable (20,000*16%) $3,200
Employee Medical Insurance Payable (110*4) $440
Accrued Payroll Payable $14,380
(20,000 - 1.240 - 290-3,200 - 440)
Part b) The journalentry is as follows.
Date Account Titles Debit Credit
Jan-31 Payroll Tax Expense (1,240 +290 + 800 + 120) $2,450
FICA - Social Security Taxes Payable (20,000*6.2%) $1,240
FICA - Medicare Taxes Payable (20.000*1.45%) $290
State Unemployment Taxes Payable (20,000*4%) $800
Federal Unemployment Taxes Payable (20,000*.6%) $120
The complete question is :Santa Barbara Express has 4 sales employees, each of whom earns $5,000 per month and is paid on the last working day of the month. Each employee's wages are subject to FICA social security taxes of 6.2% and Medicare taxes of 1.45% on all wages. Withholding for each employee also includes federal income tax of 16% and monthly medical insurance premiums of $110 for each employee.
a. Prepare the general journal entry to accrue the monthly sales salaries expense at January 31.
b. The employer payroll taxes for Santa Barbara Express include FICA taxes, federal unemployment taxes of 0.6% of the first $7,000 paid each employee, and state unemployment taxes of 4.0% of the first $7,000 paid to each employee. Prepare the journal entry to record the employer's payroll taxes at January 31 for Santa Barbara Express. (Assume that none of the employees has reached the unemployment limit of $7,000.)
Learn more about journal entry here https://brainly.com/question/14279491
#SPJ10
Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best. However, things do change, and the plans and the product mix stated in the plan may become outdated making the strategy of the company less efficient to reach its goals. Technological risks may also render the product mix out of date. With the dynamism of technology other efficient products may come to the market making rendering the product mix obsolete.
Would risk retention be a good strategy for this company? Why or why not?
Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.
What is product mix?Product mix is the total number of products sell by the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.
Thus, Risk retention is good for the company as the good has the better strategies
For more details about Product mix, click here:
https://brainly.com/question/17463487
#SPJ1
How do you think something like the WTO can impact State Sovereignty, if at all?
To what degree a state's Legal Sovereignty is affected by its participation in the World Trade Organization depends on whether we adopt a "revocability-based conception" or a "veto-based conception" of state sovereignty. This is further explained below.
What is Sovereignty?Generally, Sovereignty is simply defined as the power of a state to exert control over itself or over another nation.
In conclusion, Whether or not WTO participation impacts Legal Sovereignty of a state is contingent on whether we use a "revocability-based conception" or a "veto-based conception" of state sovereignty.
Read more about Sovereignty
https://brainly.com/question/7793449
#SPJ1
In one or two sentences, explain how a govemment pays for expenses that are more than its revenues.
borrows money by issuing bonds
bonds are sometimes backed by things like tolls and feed for things like bridges & tunnels
raises taxes
raises fees for things tariffs and passports etc
Hip Manufacturing produces denim clothing. This year it produced 3,040 denim jackets at a cost of $91,200. These jackets were
damaged in the warehouse during storage. Management identified three alternatives for these jackets.
ed
K
1. Jackets can be sold as scrap to a secondhand clothing shop for $18,240.
2. Jackets can be disassembled at a cost of $6,080 and sold to a recycler for $36,480.
3. Jackets can be reworked and turned into good jackets. The cost of reworking the jackets will be $103,360, and the jackets can ther
be sold for $136,800.
Required:
(1) Compute the income for each alternative.
(2) Which alternative should be chosen?
Scrap, Recycle or Rework Analysis
Revenue from scrap/recycle/rework
Cost of recycled/reworked units
Income
S
Scrap
0 $
Recycle
0 $
Rework
0
1. The income for each alternative for the damaged jackets of Hip Manufacturing is as follows:
Scrap Recycle Rework
Sales Revenue $18,240 $36,480 $136,800
Additional cost 0 6,080 103,360
Income $18,240 $30,400 $33,440
2. The chosen alternative is C. reworking.
Data and Calculations:Production units = 3,040
Production costs = $91,200
Scrap Recycle Rework
Sales Revenue $18,240 $36,480 $136,800
Additional cost 0 6,080 103,360
Income $18,240 $30,400 $33,440
Thus, reworking yields the highest income and should be chosen as it reduces the loss from the damage more than scrapping or recycling.
Learn more about calculating income at https://brainly.com/question/25895372
#SPJ1
If quantity quantity demanded is not responsive to price changes then the product would be considered ____
A. Independent
B. Inelastic
C. Unit elastic
Answer:
B) Inelastic
Explanation:
consumers are not very responsive to changes in price.
Answer:
B
Explanation:
I stole the answer from my friend:)
(05.02 MC)
After closing the revenue and expense accounts below, what would the income summary balance be?
Sales: $3,230.00
Advertising Expense:
$765.00
Communications Expense: $150.00
Rent Expense:
$900.00
A credit balance of $1,415.00
A credit balance of $5,045.00
A debit balance of $1,415.00
A debit balance of $5,045.00
The correct option is A. Revenue accounts include the sales accounts after deducting all the expenses from sales accounts a credit balance of $1,415.00 is shown in the revenue and expense account.
What is Revenue Expenditure?
Revenue Expenditure is such expenditure that is incurred during the normal course of business by the company that generally benefits from that expenditure of a year or less than a year.
Given, Sale =$3230
Advertising Expense = $765
Communication Expenses = $150
Rent = $900
Caculation of Income
Income = Sale - Expenses
= $3.230-$765-$150-$900
=$1415.00
Thus, after calculating the Income summary is shown a credit balance of $1415.00
Learn more about Revenue Expenditure here:
https://brainly.com/question/17769683
#SPJ1
Situation 1:
During the scoping of this project, Ria says her budget maxes out at $650,000 USD—she can’t afford the $800,000 USD that this project will cost. What are some proposals you can provide to Ria to reduce the budget? Think of the Triple Constraint and remember that one constraint will always have the priority. So if the budget is a constraint, what areas might Ria adjust to reduce project costs?
Situation 2:
Recruiting for field research will take a week longer than expected. However, Ria told you that the project end date is a hard deadline. What can you do? Think of the triple constraint and remember that one of them will always have the priority. So if time is a constraint, what areas might Ria adjust to reduce the time in the project?
Situation 3:
After the stakeholders agree on the project scope, Ria finds out that her CEO wants more information in the research report. She asks you to include details on the market opportunities for new product ideas, technical constraints, and design considerations. How do you manage this additional scope?
When the budget is a constraint, the areas that Ria can adjust to reduce project costs is the project scope and labor utilized
What is a project?It should be noted that a project simply means the undertaking that's carried out to achieve a goal.
When the time is a constraint, the areas that Ria can adjust to reduce the time in the project is simply by shortening the lag time between tasks and crashing a technique where additional money is spent.
The additional scope can be manged by documenting requirements and creating a change control process.
Learn more about project on:
brainly.com/question/25009327
#SPJ1
3 The stagnation stage of the life cycle of a resort is often characterized by the increasing cost of public services and the lowering of the ‘quality of life’ for many residents.
Describe this situation from the viewpoint of (i) older residents living in the community, many of whom are ‘incomers’ from industrial cities in other parts of the country and (ii) a well-educated middle class couple with young children, who are staying
in the resort for their main holiday.
Learn more about this-
https://brainly.com/question/24289862
#SPJ10
In "Do Not Go Gentle into That Good Night”, the speaker emphasizes that older men should fight fiercely against death. The setting is the time when the father of the speaker was approaching his death.
The conflict of the poem surrounds the end of life and the resistance to death. In the poem, Thomas began with the second-person point of view.
In "The Charge of the Light Brigade", is a poem about a failed military action that involved British light calvary. The setting was during the Crimean war. The theme is about bravery, duty, and sacrifice.lolllllllllllllllllll
The theme of the poem is about the Bravery of the military unit .hence choice 1 is correct.
What is the summary of The Charge of the Light Brigade?An emotional poem, The Charge of the Light Brigade, both honors and mourns the battle's action. The concept of the valiant and gallant British soldier—one whose moral obligation was to fight for justice—emerged during the Crimean War.
Tennyson honors a military unit's bravery for charging the enemy despite insurmountable odds: they are "six hundred" against an "army."
Hence the appropriate answer is Bravery.
Learn more about The Charge of the Light Brigade:
https://brainly.com/question/1343588
#SPJ1
What is the name of a graph that shows all the combinations of
goods and services that can be produced if all of society's resources
ara used?
O production possibilities curve
O Lorenz Curve
O capital consumption frontier
O circular flow model
Production Possibilities Curve is the name of the graph that shows all the combinations of goods and services that can be produced if all of society's resources are utilized. Hence, Option A is the correct choice in this case.
What is a Production Possibilities Curve?A graph that suggests all of the extraordinary combinations of the output of goods that may be produced using available sources and technology is referred to as the Production Possibilities Frontier (PPF). The PPF captures the ideas of shortage, choice, and tradeoffs.
Hence, Production Possibilities Curve is the name of the graph that shows all the combinations of goods and services that can be produced if all of society's resources are utilized. Option A is the correct choice in this case.
Learn more about Production Possibilities Curve:
https://brainly.com/question/26460726
#SPJ1
The Magnolia Company's Division A has income from operations of $80,000 and assets of $400,000. The minimum acceptable rate of return on assets is 12%. What is the residual income for the division?
The residual income for the Division A of Magnolia Company for an income from operations of $80,000 will be $32,000.
What is residual income?Residual Income is the total of total income from operations less the minimum acceptable rate of return on the deployed assets for such operations over a financial period.
Using the above information, it can be ascertained that the residual income will be,
[tex]\rm Residual\ Income = Income\ from\ Operations - Rate\ of\ Return\ x\ Assets\\\rm Residual\ Income = 80000- (12\%\ x\ 400000)\\\\\rm Residual\ Income = \$32,000[/tex]
Hence, the residual income will be as computed above.
Learn more about residual income here:
https://brainly.com/question/27330050
#SPJ1
The graph depicts five demand curves. Please rank each curve in terms of elasticity. A curve that is more elastic than another curve for any given quantity can be considered more elastic.
From most elastic to inelastic: Elastic graphs look more horizontal while Inelastic graphs look more vertical.
What is elastic and inelastic demand curve?Elastic demand curve indicates that the price changes greatly influenced the quantity demanded or supplied.
Inelastic demand curves indicates that a given percentage change in price will have a very smaller percentage change in quantity demanded or supplied.
Elastic demand curve is more sensitive to the price changes as compared to the Inelastic demand curve.
Learn more about the elastic and inelastic demand curve here:-
https://brainly.com/question/13572905
#SPJ1
Which of the following is important to remember when sautéing vegetables?
The vegetables should be sautéd in the sauce that will be used to flavor the
vegetables.
Rinse the vegetables with water directly before placing them in the pan.
A simmering layer of oil should be added to the pan.
The pan should be big enough to avoid overcrowding of the vegetables.
The important thing to be remembered while sauteing vegetables is to add little quantity of the oil over the pan. Thus option 3rd is correct.
What is Sauteing?Sauteing refers to the fry the food such as the vegetables or the meat in order to make it crispy and tasty.
The important thing to be remembered while frying the food is to use less quantity of the oil because excessive oil is not good for the health as it can lead to heart problems.
Thus option 3rd is correct.
Learn more about Sauteing here:
https://brainly.com/question/14367514
#SPJ1
Why is it good to have home equity
#CarryOnLearning
