The reason given for the Sherman Antitrust Act was huge Monopolies were using their power to squash competition. O True O False
Answers
The given statement "The reason given for the Sherman Antitrust Act was huge Monopolies were using their power to squash competition" is True.
The reason given for the enactment of the Sherman Antitrust Act was indeed that large monopolistic corporations were using their power to stifle competition. The act, passed by the United States Congress in 1890, aimed to prevent and prohibit anticompetitive business practices, including monopolies and restraints of trade.
The Sherman Antitrust Act was a response to growing concerns over the dominance of certain corporations and trusts that were abusing their market power to eliminate competition, control prices, and limit consumer choice. It was intended to promote fair competition and protect the interests of consumers and smaller businesses.
In conclusion, the statement that the reason given for the Sherman Antitrust Act was huge monopolies using their power to squash competition is true.
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Related Questions
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answers
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
which part of our body is affected by plogue pose?
Answers
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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True or false: an external transaction is a transaction the firm conducts with a separate economic entity.
Answers
It is true that an external transaction is a transaction the firm conducts with a separate economic entity.
What are internal and external transactions?An internal transaction is any financial activity that occurs within an organization rather than with a third party. Usually, money is exchanged between divisions or between the business and its employees. Even while internal transactions aren't sales like external ones are, they still have an impact on the company's finances.
An external transaction is one that involves a third party from outside the transaction. A company conducts external transactions the majority of the time throughout an accounting period.
The acquisition of goods from a supplier, the payment of cash to a creditor, and the payment of wages to employees are examples of external transactions.
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how was the global trade network of the 15th century different from that of previous eras
Answers
The global trade network of the 15th century was vastly different from that of previous eras in several ways. Prior to this period, trade was largely confined to regional or local levels.
The Silk Road and other land routes facilitated some long-distance trade, but it was limited by the difficulty and expense of transportation. The 15th century saw the emergence of global trade networks that were driven by maritime exploration and technological advancements. The voyages of Christopher Columbus, Vasco da Gama, and others opened up new trade routes to Asia, Africa, and the Americas. These explorers discovered new goods, such as spices, silk, and precious metals, that were in high demand in Europe and Asia. This led to an increase in trade between distant regions, as well as the establishment of European colonies in the Americas and Asia. The 15th century also saw significant improvements in shipbuilding and navigation technology, which made long-distance travel and trade more feasible. The introduction of the compass, astrolabe, and other instruments allowed sailors to navigate more accurately and safely, while the development of larger and more sturdy ships enabled them to carry more cargo.
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A 15-year loan requires month-end payments of $657.33 including interest at 9.8% compounded monthly What was the original amount of the loan? (Do not round Intermediate calculations and round your fin
Answers
A 15-year loan requires month-end payments of $657.33 including interest at 9.8% compounded monthly. So, the original amount of the loan is $ 87,119.28.
To find the original amount of the loan, we can use the formula for the present value of an annuity:
PV = PMT x ((1 - (1 + r)⁻ⁿ) / r)
where PV is the present value (or original amount) of the loan, PMT is the monthly payment, r is the monthly interest rate (which is the annual interest rate divided by 12), and n is the total number of payments (which is 15 years x 12 months per year = 180 months).
Plugging in the values given, we get:
PV = $657.33 x ((1 - (1 + 0.098/12)⁻¹⁸⁰) / (0.098/12))
PV = $657.33 x ((1 - (1.00817)⁻¹⁸⁰) / (0.00817))
PV = $657.33 x (132.5417)
PV = $87,119.28
Therefore, the original amount of the loan was $ 87,119.28.
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3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answers
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
y
What are the two costs used to compare credit offers?
I
Question 2 (5 points)
What is the difference between simple and compound interest?
Answers
Answer:
#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.
What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society
Answers
Answer: Companies with a business model and social mission that the
investor supports
4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.
Answers
Answer:
A
Explanation:
A: Cash-flow management, financial control, and financial planning. Hopefully this helped
The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.
What is cash-flow management?The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.
Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.
Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.
Therefore option A is correct.
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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answers
Answer:
understanding the interest rate
Explanation:
i took the test
In some arts, A/V technology, and communication careers, workers participate in apprenticeships. Why are
apprenticeships useful?
They allow experienced workers to learn new skills.
O They allow experienced workers to stay home from work.
O They allow new workers to get job experience.
They allow new workers to have paid benefits.
Answers
Answer: they allow new workers to get job experience
Explanation:
I know this from the back of my head and just took the test!
A company wants to change how its employees are compensated by evaluating an employee's performance when determining annual pay raises. What type of compensation plan is the company implementing?
a. appraisal pay
b. bonus pay
c. incentive pay
d. merit pay
e. job wellness pay
A rapidly growing small business does not offer a retirement plan, but new candidates are frequently asking about a 401k. The owner recognizes that they are missing out on talent because they do not offer this benefit. What should the business do?
a. research 401k plans to see if it's financially feasible
b. explain the benefits of working for a small business and that 401ks are more common in big organizations
c. hold off on offering a 401k until the company employs at least 100 people
d. offer equity since it's less of an immediate cost
e. offer other less expensive benefits instead of a 401k
An employee survey at a company indicates that employees are unhappy with the retirement plan. they would prefer one that would result in employees being paid a fixed amount of money each month. what type of plan would better match the employeess' preferences?
a. 401k plan
b. 403b plan
c. individual retirement arrangements
d. thrift savings plan
e. defined benefits plan
Answers
The type of compensation plan that would see employees compensated on the basis of performance is d. merit pay.
The business should, based on the fact that the are losing talent for not offering the benefit, a. research 401k plans to see if it's financially feasible.
The type of plan that would result in employees getting a fixed amount of money each month is a e. defined benefits plan.
What is merit pay?Merit based pay in a company means that the company is paying its employees based on how they performed in that pay period. Those with higher performance metrics, will be paid more than those who did not perform as well.
Then there are retirement plans. Plans like 401ks are important to many people and so can attract talent to a firm. There is also a defined benefit plan which will see employees getting a fixed amount of money each month.
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Vaughn Manufacturing took a physical inventory on December 31 and determined that goods costing $216,000 were on hand. Not included in the physical count were $30,000 of goods purchased from Tamarisk, Inc. , FOB, shipping point, and $21,500 of goods sold to Sheffield Corp. For $32,000, FOB destination. Both the Tamarisk purchase and the Sheffield sale were in transit at year-end. What amount should Vaughn report as its December 31 inventory
Answers
Vaughn Manufacturing should report $216,000 as its December 31 inventory. The goods purchased from Tamarisk, Inc. for $30,000 should not be included in the physical count as they were FOB shipping point, meaning ownership of the goods transferred to Vaughn Manufacturing upon shipment. The goods sold to Sheffield Corp. for $21,500 should also not be included in the physical count as they were FOB destination, meaning ownership of the goods transfers to Sheffield Corp. upon delivery. Since both the Tamarisk purchase and the Sheffield sale were in transit at year-end, they should not be included in the December 31 inventory count.
To determine the correct inventory value for Vaughn Manufacturing on December 31, we need to consider the goods in transit and adjust the physical count accordingly.
Step 1: Include the goods purchased from Tamarisk, Inc.
Since the goods were FOB shipping point, they belong to Vaughn as soon as they were shipped. Therefore, we need to add the cost of these goods to the physical count.
$216,000 (physical count) + $30,000 (goods from Tamarisk) = $246,000
Step 2: Exclude the goods sold to Sheffield Corp.
Since the goods were FOB destination, they still belong to Vaughn until they are received by Sheffield. Therefore, we need to subtract the cost of these goods from the adjusted inventory value in step 1.
$246,000 (adjusted inventory from step 1) - $21,500 (goods sold to Sheffield) = $224,500
Thus, Vaughn should report its December 31 inventory as $224,500.
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fickle company purchased a machine at a total cost of $220,000 (no residual value) at the beginning of 2018. the machine was being depreciated over a 10-year life using the sum-of-the-years'-digits method. at the beginning of 2021, it was decided to change to straight-line. ignoring taxes, the 2021 adjusting entry will include a debit to depreciation expense of:
Answers
The adjusting entry for 2021 would include a debit to Depreciation Expense of $15,896.10.
To calculate the depreciation expense for 2021 under straight-line depreciation, we need to first calculate the remaining book value of the machine at the beginning of 2021.
Since the machine was being depreciated using the sum-of-the-years'-digits method over a 10-year life, the total depreciation expense over the 3 years from 2018 to 2020 would be:
Total depreciation expense = (10+9+8)/55 x $220,000 = $108,727.27
The book value of the machine at the beginning of 2021 would be:
Book value = Cost - Accumulated depreciation
Book value = $220,000 - $108,727.27
Book value = $111,272.73
Now, to switch to straight-line depreciation, we need to calculate the annual depreciation expense using the remaining useful life of the machine, which is 7 years (10-3).
Annual straight-line depreciation expense = Book value / Remaining useful life
Annual straight-line depreciation expense = $111,272.73 / 7
Annual straight-line depreciation expense = $15,896.10
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Ishikawa focused on all of the following tools for quality
problem-solving EXCEPT?
Group of answer choices
Benchmarks
Fishbone Diagram
Scatter Diagrams
Pareto Chart
Answers
The technique that Kaoru Ishikawa didn't focus on for quality problem-solving was Benchmarks. The correct answer is Option B.
Kaoru Ishikawa was a Japanese engineer and statistician, and a Quality Management innovator who conducted extensive research on Quality Management systems and developed techniques such as Fishbone Diagram. This technique was used to identify and solve quality-related problems. In addition to Fishbone Diagram, Kaoru Ishikawa emphasized the use of Scatter Diagrams, Benchmarks, and Pareto Chart to solve quality problems.
The technique that he didn't focus on for quality problem-solving was Benchmarks.
Let's discuss more about each of these quality problem-solving tools:
Fishbone Diagram: It is a graphical technique used to identify and solve quality-related problems. The fishbone diagram is also called an Ishikawa diagram or a cause-and-effect diagram. It provides a visual representation of all potential causes of a problem. This diagram was developed by Kaoru Ishikawa to solve problems in quality control, production processes, and other industries.
Scatter Diagrams: A scatter diagram is a graphical representation of the relationship between two variables. The horizontal axis represents one variable, while the vertical axis represents the other variable. This type of chart is used to determine whether a relationship exists between the two variables. It is also used to identify any trends or patterns in the data.
Benchmarks: A benchmark is a standard of performance that is used as a reference point to compare and evaluate other performance metrics. Benchmarking is a process that involves comparing the performance of a company or organization against industry standards or best practices.
Pareto Chart:
A Pareto chart is a graphical tool used to identify and analyze the causes of problems. It is a combination of a bar graph and a line graph. The bars represent the frequency or quantity of each cause, while the line represents the cumulative percentage of the total number of causes. The Pareto chart is used to prioritize and address the most significant causes of a problem.
The technique that Kaoru Ishikawa didn't focus on for quality problem-solving was Benchmarks.
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according to the equation of exchange, if the velocity of money and the supply of money are fixed, and the price level increases, then the quantity of goods and services purchased:
Answers
If velocity and supply of money are fixed, and price level increases, then quantity of goods and services purchased : (b) Decreases.
According to "equation-of-exchange", MV = PQ, where M = supply of money, V = velocity of money, P = price level, and Q = quantity of goods and services purchased,
If the velocity of money (V) and the supply of money (M) are fixed, and the price level (P) increases, then according to equation-of-exchange, the quantity of goods and services purchased (Q) would decrease.
This is because, with a fixed supply of money and a fixed velocity of money, an increase in "price-level" would mean that each unit of money can buy fewer goods and services.
Therefore, the correct option is (b).
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The given question is incomplete, the complete question is
According to the equation of exchange, if the velocity of money and the supply of money are fixed, and the price level increases, then the quantity of goods and services purchased :
(a) Increases
(b) Decreases.
help needed soon
How are the costs of secured and unsecured loans different?
Question options:
A secured loan typically has lower interest rates costing less; an unsecured loan typically has higher interest rates costing more.
A secured loan is typically associated with a lower fee schedule and so costs less; unsecured loans typically have a higher fee schedule and so they cost more.
Secured loans generally have longer repayment terms and cost more; unsecured loans generally have shorter repayment terms and cost less.
Secured loans usually carry a higher interest rates and cost more; unsecured loans usually have lower interest rates and cost less.
Answers
Secured and unsecured loans differ in cost because A secured loan typically has lower interest rates costing less; an unsecured loan typically has higher interest rates costing more.
How are secured and unsecured loans different?A secured loan is one that is backed by the assets of the person being loaned the money. If the person is unable to pay, the asset is seized.
Unsecured loans are not backed by any assets which means that the lender will have nothing to claim in default. This makes these type of loans risky which is why they command more interest.
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find out what has happened to UK Industry over the past 10 year
and why is this?
Answers
Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another line of products targeted to to people interested in low-fat, high nutrition foods. The companies strategy of dividing the market into groups that want similar things from the products they buy is an example of
Answers
Answer: Market segmentation
Explanation:
Market segmentation is when a market is being divided based on the customers needs. Customers with similar characteristics or needs are grouped together.
Market segmentation helps a business in reaching customers with similarbjeeds quicker and this leads to improvement in satisfaction and customer relationships. This is the method used by Fast fine foods.
According to Alexander Hamilton, what actions are necessary to ensure the country's economic stability?Answer choicesa. Part of the trade embargo against Great Britain.b. Elimination of consumption tax.c. Creation of a trade alliance with France.d. National bank establishment.
Answers
The answer is option b. Elimination of consumption tax, According to Alexander Hamilton, actions that are necessary to ensure the country's economic stability are elimination of consumption tax.
A simple tax definition is what?A tax is a forced payment or levy that is gathered by local, state, and federal governments from citizens or companies to pay for essential public goods, services, and activities.
What does tax primarily serve?Taxation's primary purpose is to provide money for public spending. Over time, different defenses and explanations for taxes have been put forth. Early taxes supported the aristocracy and were used to assemble armies and construct fortifications.
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Which sentences identity the investing activities of a cash slow statement?
Tyler Enterprises has achieved remarkable growth in the past five years. Qualified accountants have prepared and analyzed the cash flow statement to
offer financial advice to help safeguard the future of the business. It includes details of the amount of cash flowing into and out of the business. The
statement begins with the amount of revenue that the sales team has brought in. It also involves the corresponding marketing campaign costs incurred
in the promotional exhibition. The profit was declared to the shareholders in the form of dividends. The production team undertook projects that involved
installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of
an old division of packing material were sold off in order to concentrate solely on present business. Old investors were issued stocks when their
convertible bonds attained maturity. Some of the old machineries in the production line were sold off as scrap while rest was revamped
Answers
The sentences that identify the investing activities of a cash slow statement are - The production team undertook projects that involved installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of an old division of packing material were sold off in order to concentrate solely on present business. Some of the old machineries in the production line were sold off as scrap.
What are investing activities?Investing activities include the acquisition of physical assets, the purchase of securities, and the sale of securities or assets. Cash flow from investing activities includes long-term cash uses.
Negative cash flow from investing activities may not be a bad sign if management is investing in the company's long-term health.
Therefore, the sentences mentioned above identity the investing activities of a cash slow statement.
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Answer:
"The production team undertook projects that involved installation of automatic bottling machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project" and "Some of the old machines in the production were4 sold off as scrap while rest was revamped."
Explanation:
I got it right on plato
Franklin corporation issues $97,000, 8%, 5-year bonds on January 1, for $101,370. Interest is paid semiannually on January 1 and July 1. If Franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is
Answers
Answer:
$3,006
Explanation:
Bond issue = $97,000
Interest rate = 8%
Bond value sold = $101,370
Time period 5 years
N.B The premium will have to be to be discounted from the interest expense because Franklin corporation sold the bond at a value higher than the face value i.e premium value.
Therefore;
Coupon = $97,000 × 8% × 1/2
= $3,880
Amortization of bond premium = ($101,370 - $97,000) /5 years period
= $4,370/5
= $874
Total interest expense
= $3,880 - $874
= $3,006
Which statement is true regarding the use of the Logon Hours option under a user's account?a. Logon hours can be set for specific days of the month, as well as holidaysb. The Logon Hours forces a user to log off during "Logon denied" periodsc. Logon Hours can't be changed during weekendsd. The Logon Hours can't be used to disconnect a user that has already logged in
Answers
The correct statement regarding the use of the Logon Hours option under a user's account is: b. The Logon Hours forces a user to log off during "Logon denied" periods. This feature allows administrators to control when a user is allowed to log in and helps ensure security by restricting access during certain times.
The true statement regarding the use of the Logon Hours option under a user's account is that it allows an administrator to specify the times of day when a user is allowed to log on to the network, but it does not apply to specific days of the month or holidays. If a user attempts to log on outside of their specified Logon Hours, they will receive a "Logon denied" message and will be unable to access the network.
a. Logon hours can be set for specific days of the month, as well as holidays
b. The Logon Hours forces a user to log off during "Logon denied" periods
c. Logon Hours can't be changed during weekends
d. The Logon Hours can't be used to disconnect a user that has already logged
However, this does not necessarily force the user to log off if they are already logged on. An administrator can modify a user's Logon Hours at any time, including weekends, and can manually disconnect a user if necessary.
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Benjamin Franklin said, “Beware of little expenses. A small leak will sink a great ship. ” What does this mean to a person trying to build financial stability? How would you restate this saying so that it would be clearer to someone trying to grow a budget?
How would you place the order of these steps to build a budget? 1=first 2=the middle step 3=last
______Analyze cash flow and look for ways to increase your income and decrease your expenses....
______Keep track of your spending...
______Identify your income and your expenses....
What are they, and how would you explain their meaning? Give one example of each.
23.Fixed expenses
________________________________________________________________________
Flexible expenses
________________________________________________________________________
Money that comes to you from: Various jobs or work, like cutting grass or babysitting wages,
Full- or part-time employment, Allowances, Odd jobs, Interest and dividends, Other sources, including tips. Is known as your
_________________.
Where does All the money go?
If you are in the habit of buying the 4 for $4 meal special at the local famous fast food restaurant every day of the week for lunch how much would this add up over time? It might taste good going down but what might you be able to save for if you had all that cash in a savings account?
1 day 1 week 1 month 1 year 5 years 10 years
# of Days 26a 27a 28a 29a 30a 31a
4 for$4 Meal 26b 27b 28b 29b 30b 31b
Identify the LIE about Credit cards....
A. Are used to purchase goods and services.
B. Takes money from your checking account when used to pay for purchases.
C. Are subject to interest charges if the balance is not paid in full each month.
Credit Verses Debit
Which card requires you to have enough money at the time you pay for something?
Which card's balance can increase and accrue charges if you do not pay the entire amount each month?
Which card generally offers purchase protections against faulty goods?
Which card(s) may have fees associated with them?
Which card allows you to pay for unexpected emergencies when you do not have enough money?
What are the outcomes to be expected with overspending on your credit card? You need at least two outcomes for full credit
Debit to Income Ratio
After adding your total income, dividing the total monthly bills by the total income, and convert that to a decimal….What would you advise these individuals who are contemplating a large purchase?
Total Income
Total Monthly Bills
Percentage (divide by 100)
Billy $4000
$2800
?
TiQuan $5000
$4000
?
Nadaja $3000
$1000
?
39 (Billy). ________________________________
40 (TiQuan) ______________________________
41 (Nadaja) ______________________________
Which payment arrangement has the worst deal or the higher interest rate you must pay between the instalment loan or the rent to own arrangement?
What three things would you likely need an installment loan to purchase?
Explain how your credit rating would affect your interest rate applied to your installment loan.
Simply put, Finance is the management of ______________________.
Name 2 examples of items that fall under the category of a long-term financial goal.
47.Name 2 examples of items that fall under the category of a short-term financial goal.
48.. Which of the following statements about investing is FALSE?
On average, investing money in the stock market earns a higher return than putting money in a savings account.
Investing is best for long-term financial goals, like paying for retirement.
Investing is a guaranteed way to grow your money.
Investing is riskier than putting money in a savings account.
This is needed To Calculate Simple Interest (Interest = Principal x Rate x Time or I = P x R x T)
Remember to add the Simple Interest to the Principle to get the total to be paid.
Principle
Rate
Time
Interest
Total to be paid
$10,000
15%
5 years
49a
49b
$5,000
5%
8 years
50a
50b
is the purpose of financial insurance agencies?
Answers
Answer: n or f
Explanation:
Ess Information Management (BIM) I
Which object tells Word that a formula is being entered into a cell?
O equations
O arguments
O equal sign
O formula mask
Answers
Answer:
O equal sign
Explanation:
The equal sign in the Excel spreadsheet application notifies the program that a formula is about to be entered. For example, to perform a summation by typing into a cell, failing to put the equal sign before sum {= sum} would result in an error. Notice this difference in the attachment.
Amnesty International is concerned with issues associated with animal welfare. health and health care. humanitarian disaster relief. social justice and equity.
Answers
Amnesty International is an organization that is concerned with the issues associated with social justice and equity.
What is the Amnesty International?Amnesty International is an independent Non-government organization, which operates to provide relief and assistance for the promotion of human rights, and fights against injustice throughout the world.
Hence, option D holds true regarding the Amnesty International.
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On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000. This investment balance represents 25% of the equity of the Bravo-Zulu Company. During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what are the FY 2017 balances in Alpha Company's account balances for: a. Investment in Bravo-Zulu b. Investment Income
Answers
Answer:
a) $253,750
b) $6,250
Explanation:
Alpha company purchased shares in Bravo-Zulu company for $250,000
This represents 25% of the equity of Bravo-Zulu company.
In 2017, Bravo-Zulu Company Net Income = $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders.
The FY 2017 balances in Alpha Company's account balances are:
a) For investment in Bravo-Zulu
= $250,000 + net income - share in dividend.
= $250,000 + ($25,000 * 25%) - ($10,000 * 25%)
= $250,000 + $6,250 - $2,500
= $253,750
b) For investment income
= $25,000 * 25%
= $6,250
butch and meg listed their five-bedroom colonial and are looking for a three-bedroom luxury townhome to buy. now that their kids have grown and moved away, they don’t need such a big house, but definitely want to be close to parks, major travel routes, and the local casino (meg loves the slots). what buyer category most fits butch and meg?
Answers
Butch and Meg can be classified as empty nesters who are downsizing their home to a more manageable size while seeking convenient access to parks, major travel routes, and a local casino.
Butch and Meg's decision to list their five-bedroom colonial and search for a three-bedroom luxury townhome indicates a desire to downsize their living space. Their children have grown and moved away, so they no longer need the extra bedrooms. This aligns with the characteristic of empty nesters, who are typically homeowners whose children have left home, prompting them to seek a smaller, more suitable residence.
Additionally, Butch and Meg's preference for a luxury townhome suggests their desire for an upgraded and comfortable living environment. They specifically mention wanting to be close to parks, major travel routes, and a local casino. This indicates their desire for recreational opportunities, convenient transportation options, and Meg's interest in casino gaming. These preferences align with the lifestyle of empty nesters who are looking for amenities, entertainment options, and easy access to recreational activities after their children have moved out.
Therefore, based on their downsizing plans, preference for luxury townhomes, and desire for proximity to parks, major travel routes, and a local casino, Butch and Meg can be classified as empty nesters seeking a more manageable and convenient living situation.
To learn more about Empty Nesters visit: brainly.com/question/32370670
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