Suppose the auto loans from a bank are usually distributed with a mean of $20,000 and a standard deviation of $3,100. The objective is to figure out what amount more than 10% of loans will be.
Given the Z-score formula as Z=(X-μ)/σ.The total percentage in the normal distribution is equal to 100%. The percentage of people with loans exceeding a certain threshold is defined by a specific Z-score in the normal distribution.If we know the Z-score for a certain threshold, we can use a Z-score table or calculator to find the percentage of loans exceeding that threshold.In order to determine what dollar amount corresponds to the Z-score for the top 10% of auto loans, we need to use the inverse Z-score formula, which is X=Zσ+μ.Plugging in the given values, we get:Z=1.28 (from the Z-score table for the top 10%)σ=$3,100
μ=$20,000X
=1.28($3,100) + $20,000= $23,968
Thus, more than 10% of loans will be for more than $23,968 in amount. Answer: $23,968.0.
To know more about Standard deviation visit-
https://brainly.com/question/29115611
#SPJ11
this is for ap-ex learning
_____ is important because it helps you create a plan to complete all tasks.
A. A long-term goal
B. Prioritization
C. A short-term goal
D. An instant goal
Answer:
B. Prioritization
Explanation:
if that helped plz give brainiest.
What critical error did the sales manager make in the all-out blitz month?A) She focused on sales and forgot about modeling ethical behavior for her team.B) She pushed the product too strongly and she and her team lost focus on the customers' needs.C) She relied on the excitement of a sales promotion instead of focusing on the basics of proper sales techniques.D) She incorrectly calculated commissions relative to sales for her team members.E) She failed to look at pipeline analytics and notice the lack of prospects in the pipeline.
Based on the options provided, the critical error that the sales manager made in the all-out blitz month seems to be option C - She relied on the excitement of a sales promotion instead of focusing on the basics of proper sales techniques.
While sales promotions can be a great way to generate excitement and incentivize sales, it's important for sales managers to ensure that their team members are also equipped with the necessary sales skills and techniques to close deals and meet customers' needs.
Relying solely on the excitement of a promotion can lead to a short-term boost in sales, but it may not lead to sustained success in the long run.
By failing to prioritize proper sales techniques and strategies, the sales manager may have missed opportunities to build stronger customer relationships, identify new leads, and ultimately achieve higher sales goals. This critical error highlights the importance of balancing short-term sales goals with a focus on building sustainable, long-term success for the sales team and the business as a whole.
Thus, the correct option is c.
Know more about the incentivize sales,
https://brainly.com/question/27820992
#SPJ11
journal
March 01 March 03 March 09 March 15 March 27 Debit balance of Binod account Rs.25,000. Sold goods to Binod Rs.20,000. Sold goods for cash Rs. 10,000. Cheque received f
Journal entries of the given transactions are as follows.
Debit balance of Binod account Rs.25,000.Binod A/C.......Dr 25000
To cash A/C 25000
Sold goods to Binod Rs.20,000.Binod A/C.......Dr 20000
To Sales A/C 20000
Sold goods for cash Rs. 10,000.cash A/C.......Dr 10000
To Sales A/C 10000
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. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Learn more about journal entry here
https://brainly.com/question/14279491
#SPJ9
If a business has no answer to fight back against its competition, then the _____ risk has been encountered.
1. financial
2. strategic
3. compliance
4. operational
if you get paid biweekly how many paychecks in a month
Answer:
About 2 checks a month.
Explanation:
Biweekly means that a person is getting paid every 2 weeks. There are about 4 weeks in a month. So 4/2 = 2. The number of checks a person would get if they were paid biweekly.
Two paycheck each month are usual for those who are paid biweekly. Due to the fact that there are 26 biweekly periods and 52 weeks in a year, this is the case. If you receive your paychecks every two weeks, you will receive 24 paychecks in a year since there are 12 months in a year.
A paycheck, which can also be written as paycheque, pay check, or pay cheque, is often a paper document (a cheque) issued by an employer to reimburse an employee for services provided.
In recent years, computerized direct transfers to an employee's chosen bank account or funds paid loaded onto a payroll card have increasingly taken the role of paper paychecks.
Learn more about paycheck, from :
brainly.com/question/17613573
#SPJ2
When discussing credit scores, your friends make the following statements. Which one of them is WRONG?
a. Casnell says, "Even if you close a credit card, the record of that card stays on your report for several years."
b. Joel says, "It's best to establish credit early, so you have a long credit history before you apply for a mortgage."
c. Jessie says, "Once you turn 18, it will be really easy to get approved for a credit card."
d. Kwame says, "Using your credit card every month, but paying off the balance each time, is a great way to boost your credit score."
The statement that is WRONG is option c, which says "Once you turn 18, it will be really easy to get approved for a credit card."
While it is true that turning 18 makes you eligible for a credit card, it does not guarantee approval. Credit card companies look at factors such as credit history, income, and debt-to-income ratio to determine if you are a suitable candidate for their card. Without any credit history, it can be difficult to get approved for a credit card, even if you are 18 or older.
Option a is true, as closing a credit card does not immediately remove it from your credit report. It may stay on your report for several years, and the length of time depends on the credit bureau and the specific card.
Option b is also true, as having a long credit history can positively impact your credit score. This is because it shows that you have a track record of responsibly managing credit.
Option d is also true, as using your credit card every month and paying off the balance each time can demonstrate responsible credit management and help boost your credit score over time.
To know more about credit card visit :
https://brainly.com/question/31598744
#SPJ11
Which action would a government most likely take to reduce its
unemployment rate?
A. Use tax money to hire workers for government projects
B. Cut taxes on businesses that operate with very few workers
C. Increase taxes on businesses that operate outside the country
D. Cut off loans to businesses in order to reduce the money supply
SUBMIT
The unemployment rate is the unemployed divided by the sum of employed and unemployed, in order to reduce it the government can hire workers for a new project by using tax money.
What is the unemployment rate?It is the rate of unemployment calculated by the number of people unemployed to the total number of people employed and unemployed multiplied by 100.
In order to reduce it, the government can hire workers for a new project by using tax money
Therefore, option A can help in the reduction of the unemployment rate.
Learn more about the unemployment rate here:
https://brainly.com/question/17255561
the following labor standards have been established for a particular product: standard labor-hours per unit of output 1.7 hours standard labor rate $14.05 per hour the following data pertain to operations concerning the product for the last month: actual hours worked 3,700 hours actual total labor cost $50,690 actual output 2,300 units what is the labor rate variance for the month?
$14.05 is the hourly wage prevailing today. The following information relates to the product's operations throughout the previous month: 3,700 hours were actually worked.
Do the math to determine the actual labor rate: - [[begin array l m] Actua, how long does a typical labor day last?Hours, Pay, and Coverage for Employee Overtime Since the typical American work week is 40 hours long, or eight hours per day for five days a week, the Fair Labor Standards Act (FLSA) says that any labor over 40 hours in a 168-hour period counts as overtime.The difference between the actual price paid and the predicted price, multiplied by the actual quantity purchased, is known as a rate variance. The idea is used to identify instances where a corporation is paying too much for products, offerings, or labor.Calculating the difference between actual hours multiplied by the actual rate and actual hours multiplied by the standard rate yields the labor rate variance.To learn more about Actual labor rate refer to:
https://brainly.com/question/17205346
#SPJ4
Hackers access your
customer database,
which includes
addresses and credit
card numbers. These
customers are now at
risk of identity theft, and
they decide to sue you
for violation of their
privacy.
Answer:
yes it is true
this is your answer
What are some ways to make money through investing in real estate?
(12 points: 4 points for each correct answer
Answer:
Options include:
Short sales—this involves purchasing a home from a lender when the mortgagee is behind on payments. Short sales can be a time-consuming and complicated proposition.
Lease options—these are what the name implies. When you lease with an option to buy in a bull real estate market, where prices are rising, you may be able to complete the purchase later at a lower, pre-set price, or make a profit by selling your purchase rights.
Contract flipping—instead of flipping houses, this type of flipping involves the transfer of the rights of a purchase contract to another buyer. If you can locate distressed sellers and motivated buyers and bring them together, you may be able to make a profit this way.
The Bottom Line
There are several proven strategies for making money in real estate. Appreciation, inflation, and income rank high on the list but several alternative real estate investments also exist. Understanding your investments, risks, and whether the overall process is worth it or not is up to you.
if i wanted to become a singer how would i do it if i did not have the payments to do auditions
A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover
Answer:
$0
Explanation:
Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.
Net Income ($82)
Charges in Working Capital $100
FCFO
$[?]
$150
Fill in the blanks
on this financial
statement.
Disposal of PPE
Purchase of PPE
FCFI
Issuance of Stock
($27)
$[ ]
$540
Dividend Payment ($110)
Issuance of Debt
$68
Debt Repayment ($25)
Interest Expense
($75)
FCFF sĩ
Total FCF $[
FCFO = $182
FCFI = $216
FCFF = $ -82
Total FCF = $583
What are the above terminologies and how did we arrive at the answers?FCFO - Free Cahs Flow to Firm is derived by adding Net Income to Charges in Working Captial
= $82 + $100
= $182
FCFI - Free Cash flow to Firm (Investing
= Disposal of PPE - Purchase of PPE + Issuance of Debt + Debut repayment
= 150 - 27 + 68 + 25
= $216
FCFF = Free Cash Flow to Firm
= Dividend payment + Interst Exprense + FCFI
= $110 + 75 + 216
= $401
Total FCF = FCFO + FCFF
= $182 + $401
= $583
Learn more about FCFF at:
https://brainly.com/question/30455980
#SPJ1
Analyse why the social benefit of education exceed the private benefit
Answer:
dddddddddddd
Explanation:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxs
MC Qu. 02-05 Ralph started farming 45 years... Ralph started farming 45 years ago on 200 acres of land. Over the years, he inherited land from relatives and bought some acreage as well. Ralph now farms 2,300 acres with his son, Wayne, Ready to retire, Ralph will pass the operation to his son, and Wayne will inherit the land and equipment when Ralph dies. This is an example of the in a capitalist system Multiple Choice right to freedom of choice Oright to private property right to have a job right to compete
If Ralph started with 200 acres of land and through inheritance and purchase, and he now farms 2,300 acres with his son and plans to pass on the operation to him, this is an example of the right to private property in a capitalist system.
Private property rights are one of the fundamental principles of a capitalist economic system. It refers to the legal ownership of assets such as land, buildings, and equipment by individuals or businesses rather than by the government or the state. In this scenario,
Ralph has accumulated land over the years through inheritance and purchase, and he has the legal right to own and operate a farm on his property. He can also transfer the ownership of the land to his son Wayne when he retires or passes away, ensuring that his private property rights are protected.
The right to private property encourages individuals to invest in and improve their property, leading to economic growth and prosperity in a capitalist system.
To know more about capitalist system, refer here:
https://brainly.com/question/30240073#
#SPJ11
What expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern?
Expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern including increasing government spending, decreasing taxes, or increasing government transfers.
What is the purpose of expansionary fiscal tools?The purpose of expansionary fiscal tools is to augment growth to a healthy economic level, which is significantly required during the contractionary phase of the business cycle.
In this phase, the government has the desire to decline the standard of unemployment, enhance consumer demand, and circumvent a recession. If a recession has already taken place, then it searches to end the downturn and prevent a recession.
According to the context of this question, each expansionary fiscal tool has its own terms and condition which is imposed on the basis of certain criteria. For this, enhancing the spending of the government, reducing the taxation rates, increasing the transfer made by the government, etc. are the major ones.
To learn more about Expansionary fiscal tools, refer to the link:
https://brainly.com/question/25589179
#SPJ1
What does the prefix re mean in the word reunited?
a.
both
c.
always
b.
again
d.
none of the above
Answer:
b. Again
Explanation:
Answer:
b.
again
Explanation:
Both reunion and reunite come from the Latin root unus, or "one," and the "again" prefix re-, so reunite means "make as one again."
which term is used when businesses do not maximise output from given inputs ?
Answer:
What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.
What are the typical fees banks charge?
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Why price will be low in a market economic system?
Other than competitors
Answer:
In a market economy Price is determined by demand and supply, for example when there is a low price for a good it means the demand is low. However in market economy price for abundant goods never gets high to a critical point due to the fact of consumer sovereignty environment which consumers are the rulers for suppliers.
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken files as a single taxpayer. Determine Ken’s gross income and complete page 2 of Form 1040. (a) Ken won $1,200 in an illegal game of pocker(b) Ken sold 1000 shares of stock for $32 a share. He inherited the stock two years ago. His tax basis in the stock was $31 per share(c) Ken received $13000 in disability benefits for the year. He purchased the disability insurance policy last year
Ken's gross income for the year consists of three components: $1,200 from an illegal poker game, capital gains from selling stock, and disability benefits totaling $13,000. The capital gains are calculated by subtracting the tax basis ($31 per share) from the selling price ($32 per share) for 1,000 shares.
Ken's gross income for the year includes the following components:
(a) Illegal poker game winnings: Ken won $1,200 in an illegal game of poker. Although the legality of the game doesn't affect the reporting of income, it's important to note that engaging in illegal activities is against the law.
(b) Capital gains from stock sales: Ken sold 1,000 shares of stock for $32 per share, resulting in a total of $32,000. He inherited the stock two years ago and had a tax basis of $31 per share. To calculate the capital gains, the tax basis is subtracted from the selling price for each share. In this case, the capital gains amount to $1 per share ($32 - $31) for a total of $1,000.
(c) Disability benefits: Ken received $13,000 in disability benefits for the year. These benefits were obtained through an insurance policy he purchased last year.
To complete page 2 of Form 1040, the income from the illegal poker game should be reported on line 8a, labeled "Other income." The $13,000 disability benefits should be reported on line 1, labeled "Wages, salaries, tips, etc." However, since disability benefits are typically not subject to federal income tax, it's important to consult the instructions or a tax professional to determine if any portion of the benefits is taxable.
The capital gains from selling the stock should be reported on Schedule D, which is used to report capital gains and losses. The details of the stock sale, including the number of shares, tax basis, and selling price, will need to be provided on the form. The resulting capital gains of $1,000 will be carried over to Form 1040's Schedule 1, line 6, labeled "Capital gain or (loss)."
It's important to note that this is a simplified explanation, and Ken's individual tax situation may have additional factors that need to be considered. Consulting a tax professional or referring to the IRS instructions for Form 1040 would provide more accurate and personalized guidance for Ken's specific circumstances.
Learn more about gross income here: brainly.com/question/2194020
#SPJ11
Managers can use the VRIO framework to 37 Multiple Choice 3 00:35:56 O analyze a firm's competitive potential. O conduct strategic planning. achieve organizational goals. O provide corrective feedback.
Option A is correct, Managers can use the VRIO framework to analyze a firm's competitive potential.
The resources and capabilities of an organization are assessed using the VRIO Framework. Value, rarity, imitability, and organisation are examined under the VRIO framework. The examination of the usage of corporate resources is an ideal application for the VRIO Analysis. A strategic tool that aids organizations in identifying the assets and skills that provide them an enduring competitive edge is the VRIO framework. Typically, businesses have a range of resources and skills at their disposal. The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework.
To learn more about VRIO Framework visit the following link: https: //brainly.com/question/28591770
#SPJ4
Which person is vulnerable to identity theft?
A.
Beverley opens a line of credit to purchase a household appliance.
B.
Deborah fills out her income tax form and includes her Social Security number.
C.
Josiah misses three monthly car loan payments in a row.
D.
Randell uses a computer at a public library to view his bank account online.
Answer:
D. Randell
Explanation:
this is because anyone can walk behind him and see his info. plus library computers dont have much security, which makes it easily accessible by hackers
Randell using a computer at a public library to view his bank account online is vulnerable to identity theft. Thus, option 'D' is the correct option.
What is identity theft?Identity theft happens when someone commits fraud or another crime using another person's personal information—such as their name, identification number, or credit card number—without that person's consent. In 1964, the phrase "identity theft" was first used. Since that time, both the U.K. and the U.S. have statutory definitions of identity theft that include the theft of personally identifiable information.
Identity theft is the intentional exploitation of another person's identity to acquire financial advantages, access to credit, and other benefits, as well as maybe to hurt or lose another person. When someone's identity is stolen, bad things might happen to them, especially if they are wrongly accused of being the offender. In this instance, the identity thief assumes a different identity in order to disguise their own true identity.
Learn more about identity theft, here:
https://brainly.com/question/17112484
#SPJ2
what type of vlan is initially the management vlan?
Using Telnet, SSH, SNMP, syslog, or Cisco's Find IT, a management VLAN is the VLAN used to remotely manage, control, and monitor the devices in your network. This is also VLAN 1 by default. Keeping management and user data traffic separate is a good security practise.
A management VLAN can also provide you with a different access point to your network, allowing you to lessen the effect of a broadcast storm on other VLANs. The management VLAN, VLAN 1, is also the native or default VLAN on NETGEAR devices that support management VLANs. A workstation connected to a port in the VLAN uses the management VLAN to create an IP connection to the switch.
To learn more about VLAN, click here.
https://brainly.com/question/30651951
#SPJ4
governments of ____ countries can encourage trade by minimizing interference with the free exchange of goods and services.
Answer:
Developing
Explanation:
3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?
a
A subordination clause in a debenture.
b
A call provision.
c
A convertible feature.
d
Having relatively few restrictive covenants.
e.
All of the above.
The bond in question's coupon interest rate would typically be reduced by a convertible feature.
Define the term "convertible feature"?An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.
What distinguishes a convertible bond from other bonds?An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.
To know more about convertible bond visit:
https://brainly.com/question/14954723
#SPJ1
What is the purpose of the qualifications section of a résumé?
To provide an employer with the applicant's contact information
b. To highlight why the applicant is the perfect candidate for the position
C. To give an employer an overview of the applicant's education history
d. To state the type of work the applicant is seeking
Answer:
b
Explanation:
ddd
The correct option is C). To give an employer an overview of the applicant's education history.
What does qualifications mean on a resume?A qualifications section of a resume refers to the customized section which consists of the education information about the candidate.
It is a brief highlight of relevant education, skills and experience, which shows the employer how the candidate will offer a competitive advantage.
Basically, qualifications section give an employer an overview of the applicant's education history.
Learn more about the qualifications section of a resume here:-
https://brainly.com/question/15349104
#SPJ2
Caribbean Power Supply Limited has the following capital structure: i. Debt 40% ii. Preferred shares 10% iii. Common shares 50% The company is issuing preferred stock at $130 per share with a stated dividend of $16.75 and a flotation cost of 5%. For its common stock, Caribbean Power expects the next dividend payment to be $3.30 per share. The price of its common stock is currently $22 and it is estimated that the firm will grow at a constant rate of 5%. Also, the cost of debt for is 12% and the tax rate is 40%.
A. Compute the cost of debt, preference share and common stock for Caribbean Power Supply Limited.
B. Calculate the Weighted Average Cost of Capital (WACC).
C. Comment on the WACC computed at B.
D. Discuss FOUR (4) problems this company might face as a result of being highly geared.
A) Cost of Debt: 12% (given)Cost of preference share capital: Cost of preferred stock = [(Dividend per share) / (Net proceeds per share)] + Flotation cost = [$16.75 / ($130 * 0.95)] + 0.05 = 14.31% Cost of Common Stock using the Dividend Capitalization Model, the constant growth rate model, Gordon's Model or the Capital Asset Pricing Model (CAPM):
Price of the stock (P0) = $22Expected dividend = $3.30Growth rate = 5% Cost of common stock = (dividend / stock price) + growth rate = ($3.30 / $22) + 0.05 = 0.20 + 0.05 = 0.25 or 25% B) WACC = (weight of debt) (cost of debt) (1 - tax rate) + (weight of preferred stock) (cost of preferred stock) + (weight of common stock) (cost of common stock) = (0.4) (0.12) (1 - 0.4) + (0.1) (0.1431) + (0.5) (0.25) = 0.0688 or 6.88% C)
Since the cost of capital of Caribbean Power Supply Limited is only 6.88%, it indicates that the company should expect to earn more than the WACC on each investment it makes.
This implies that the company will generate more earnings than the cost of capital, resulting in a positive NPV.D)
The following are the problems that the Caribbean Power Supply Limited might face as a result of being highly geared:Since Caribbean Power Supply Limited has a high level of debt in its capital structure, it is vulnerable to bankruptcy. This means that the company's creditors may demand repayment of their loans if the company is unable to meet its financial obligations on time. In addition, if the company's financial position deteriorates, it may have difficulty securing additional financing in the future due to its high debt level.In a high geared capital structure, the cost of debt is high, resulting in a higher cost of capital, making it difficult for the company to raise new capital. Furthermore, if the company has to pay high interest rates on its debt, it will have less cash on hand to distribute dividends to its shareholders or invest in new projects. This will result in lower shareholder value.When a company's capital structure is highly geared, shareholders may be wary of investing in it because it is perceived to be riskier than a company with a lower debt-to-equity ratio.
As a result, the company's share price may decrease, making it more difficult for the company to raise equity capital.High gearing increases the cost of financial distress, which can cause a company to become overly cautious in its investment decisions. A company may avoid taking on profitable projects due to its high debt level, resulting in lower returns and growth.
To know more about CAPM visit:
https://brainly.com/question/32625782
#SPJ11
The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1
Answer:
I hope this helps
Explanation:
216-258 0