Answer:
monthly payment = $10,009 (rounded to nearest dollar)
Explanation:
A 3/1 adjustable rate mortgage (ARM) means that the monthly payment will be fixed during the first 3 years only. Then they should vary, although the variance is generally upwards. The monthly interest can be calculated by using the present value of an annuity formula:
monthly payment = present value of the loan / annuity factor
present value of the loan = $2,225,000 x 85% = $1,891,250PV annuity factor, 0.40625%, 360 periods = 188.9615monthly payment = $1,891,250 / 188.9615 = $10,008.65256 ≈ $10,009
Tim's monthly mortgage payment during the first 3 years will be $10,009 (rounded to nearest dollar).
What is an Adjustable-rate mortgage (ARM)?A 3/1 Adjustable-rate mortgage (ARM) is a home loan with a variable interest rate. With an ARM, the initial interest rate is fixed for a period of time. Thereafter, the interest rate used on the remaining balance is adjusted periodically, annually, or monthly.
The monthly interest can be calculated by using the present value of an annuity formula:
[tex]\rm\,Monthly payment = \dfrac{Present \;Value \; of \;the \; loan}{Annuity \; \;factor}\\\\Present Value of the Loan = \$2,225,000 \times 85\% = \$1,891,250\\\\\rm\,(PV\; annuity \;factor, 0.40625\%, 360 \;Periods) = 188.9615\\\\\rm\,Monthly \;Payment = \dfrac{\$1,891,250}{188.9615} \\\\Monthly \;Payment = \$10,008.65256 \\\\Monthly \; Payment = \$10,009[/tex]
Hence, Tim's monthly payment for the first three years will be $10,009.
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HELP ME PLEASE !!!
which of the following is a benefit that computer technology has provided to the realm of financial administration?
a. financial records can be searched more easily
b. less data availability
c. less security of financial records
d. slower data entry
Answer:
a. financial records can be searched more easily
Explanation:
Computer technology has aided in the automation and integration of an organization's financial records in a single system. A business's financial data relating to several financial years are accessible from a single computer. Computer technology has made it easy to collect, analyze, report, and interpret financial records.
Through computer technology, financial records are organized and stored in a manner that is easy to retrieve. It takes very little time to access the required financial information as long as it was labeled correctly and stored.
Answer:
1 selling stock before telling about the downfall one
2 A or financial records can be searched more easily
3 crowdfunding
4 forecast
A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.
The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.
WHAT ARE THE ANSWERS TO THESE QUESTIONS?
What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?
Explanation:
Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.
For example, from this case, we observe that
although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."
Giving For such example are, from this case, we observe that is:
Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."Learn more about:
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Using the Supply and Demand data below, graph the equilibrium price and quantity for the market for oats. Identify the equilibrium price and quantity. (DO NOT list every price and quantity in your graph.)
Price
Quantity demanded
(bushels of oats)
Price
Quantity supplied
(bushels of oats)
$4.40
10,000
$4.40
40,000
4.20
15,000
4.20
35,000
4.00
20,000
4.00
30,000
3.80
25,000
3.80
25,000
3.60
30,000
3.60
20,000
3.20
35,000
3.20
15,000
Equilibrium Price $
Equilibrium Quantity
Describe the market at a price of $4.20.
At $4.20, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.
Describe the market at a price of $3.60
At $3.60, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.
Describe the market at a price of $3.20
At $3.20, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.
Answer:
Id say probably 46 for this one
Explanation:
just took the test
On March 17th, Rollo's Antiques accepted a credit card for a $1,000 purchase. The credit card company charges a 2% service fee. The entry to record this transaction would include a A : credit to Service Charge Expense of $20. B : debit to Cash of $1,000. C : debit to Service Charge Expense of $20. D : credit to Cash of $980.
Answer:
C : debit to Service Charge Expense of $20
Explanation:
The complete journal entry used to record this transaction would be:
March 17, 202x, sales revenue
Dr Cash 980 (assuming the transaction is processed automatically)
Dr Service charge (or Credit card) expense 20
Cr Sales revenue 1,000
Since the credit card company is charging you a 2% commission ($20), we must consider it an expense. Remember that all expenses must be debited.
Small businesses selling on credit find that:
a. it is relatively inexpensive and simple.
b. it is expensive and requires a great deal of effort.
c. it is essentially borrowing money from the customer.
d. many can get by without selling on credit because their business customers don't expect to use credit.
Answer:
b. it is expensive and requires a great deal of effort.
Explanation:
selling on credit is basically lending money to customers and it can be very expensive for a small business. First of all, the risk of not getting paid always exists. Second, a small business doesn't generally have excess cash in order to finance credit sales. This means that you might probably need to borrow money yourself to finance your customers.
The good side of credit sales is that they might help you increase your total sales. But you have to calculate which is higher, the costs or the benefits.
What is the key difference between a transaction account (checking) and a time deposit (savings, CD, etc.)?
Answer:
A checking account is operated using a cheque book while a time deposit is operated by the use of a pass book
Explanation:
Here, we want to examine the difference between a transaction account and a time deposit account.
While both of these are accounts types used in banks, there are some key differences between them.
For a checking account, it is operated using a cheque book to request for funds inside while bearing a very little amount of interest due to the fact that withdrawals can be effected regularly.
For a time deposit account, although it bears a small difference with normal savings account due to the fact that the interest rate is lower. However, the difference here is that a passbook is used in requesting funds from it and it bears a higher interest rate compared to a checking account
Kyle has experience in tracking inventory. What company might be interested in hiring Kyle?
a city clinic offering night classes to adults
a grocery store looking for a produce manager
a city manager’s office interested in balancing the budget
a state safety agency looking for an inspector
Answer:
a grocery store looking for a produce manage
Explanation:
Inventory refers to products a business holds for sale. Tracking inventory will refer to managing inventory movement in and out of business. A grocery store will need Kyle's experience much more than the businesses. The core business of a grocery store is to sell groceries.
Because Kyle is good at tracking inventory, he will help the store maintain optimal stock levels and guard against losses due to theft and spoilage.
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 6.9 percent paid annually. If the yield to maturity is 8 percent, what is the current price of the bond?
Answer:
€905.85
Explanation:
The current price of the bond is its Present Value (PV) this is calculated as follows :
Fv = €1,000
n = 15
Pmt = €1,000 × 6.9% = $69
i = 8%
P/yr = 1
Pv = ?
Using a financial calculator to enter the values as above, the PV is €905.85.
Thus, the current price of the bond is €905.85.
You lost $65,000 out of your original $105,000 investment. What percentage of your initial investment was lost?
Answer:
The answer is 62% (B)
Explanation:
The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.
Also, I just got this question and I got it correct.
Hope this helps!!
Percentage of lost in initial investment is 61.90%
Given that;Amount lost = $65,000
Original investment = $105,000
Find:Percentage of lost in initial investment
Computation:Percentage of lost in initial investment = [Amount lost / Original investment]100
Percentage of lost in initial investment = [65,000 / 105,000]100
Percentage of lost in initial investment = 61.90%
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Damerly Company (a Utah employer) wants to give a holiday bonus check of $350 to each employee. Since it wants the check amount to be $350, it will need to gross-up the amount of the bonus. Calculate the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative earnings for the year are $46,910. Besides being subject to social security taxes and federal income tax (supplemental rate), a 5% Utah income tax must be withheld on supplemental payments.
Answer:
$350
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative
Social Security rate 6.20%
Medicare rate 1.45%
Federal Income tax 22.00%
State income tax 5.00%
Total tax percentage 34.65%
Calculation for the Required gross bonus
Required gross bonus =$350/(1-34.65%)
Required gross bonus=$350/1-0.3465
Required gross bonus=$350/0.6535
Required gross bonus=$535.57
Gross bonus amount $535.57
Federal Income tax withheld (117.82) ($535.57*22%)
OASDI tax withheld (33.20)
($535.57*6.2%)
HI tax withheld (7.76)
($535.57*1.45%)
Utah Income tax withheld (26.77)
($535.57*5%)
Take home bonus check $350.00
Therefore the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative will be $350.00
A popular fried chicken franchise opened their operations in China. Their Beijing outlet translated the tagline, Finger-lickin' good" to "Eat your fingers off." Using online research, briefly summarize five other examples of poor cultural language and cultural awareness in advertising.
Answer:
1. American Motors
A translatable product name is an important element in global branding and can derail a marketing campaign before it even starts. American Motors made this mistake in the early 1970s when naming its midsize car, the Matador. Although the name was intended to conjure images of courage and strength, it may have been a little too aggressive for Puerto Rican consumers – in Spanish, "matador" translates to "killer." Needless to say, the name didn't instill a great deal of confidence in drivers.
2. BMW
The German car giant BMW made the marketing mistake of improperly using the UAE national anthem in a car commercial. The ad displayed the Al Ain Football Club singing the anthem and then breaking into a run toward several BMW cars when they heard the sound of the engine. Although the brand was trying to arouse intense emotion, it evoked rage instead of passion. Emiratis found it incredibly offensive that the car company suggested their cars were more important than the anthem. The company explained its intent was never to offend, and it soon replaced the ad with a less offensive version.
3. Braniff Airlines
Braniff Airlines got in trouble in 1987 when it promoted its new leather seats south of the border with the same campaign it used in the United States: "Fly in leather." While the Spanish translation, "Vuela en cuero," was appropriate throughout much of Latin America, it had different connotations in Mexico, where the expression also means "fly naked." The promotion may have appealed to some flyers, but it was far from the message the airline intended to send.
4. Coors
American beer maker Coors discovered that slang doesn't always translate well. When launching its "Turn it loose" campaign to Spain, it appears executives forgot to ensure the translation would resonate with consumers. When translated into Spanish, the tagline used an expression that's commonly interpreted as "suffer from diarrhea." While the campaign made its mark on Spanish shoppers, it was for all the wrong reasons.
5. Ford
Auto giant Ford found that in Belgium, enticing customers with a dead body in every car isn't the best way to make a sale. Hoping to highlight the cars' excellent manufacturing, Ford launched an ad campaign in the European country that execs thought said, "Every car has a high-quality body." However, when translated, the slogan read, "Every car has a high-quality corpse" – far from the image they were hoping to invoke.
6. Pampers
Sometimes, companies run into problems overseas not just for what they say but how they say it. When Procter & Gamble started selling its Pampers diapers in Japan, the packaging featured an image of a stork delivering a baby. While the imagery may have worked in the U.S., it never caught on with Japanese parents. After some research, the company learned that customers were concerned and confused by the image of a stork on the packaging. The tale of a stork delivering a baby to parents isn't part of Japanese folklore. There, stories tell of giant floating peaches bringing babies to awaiting parents.
Explanation:
Answer:
Sometimes marketers try to convince consumers overseas that their product goes beyond traditional cultural barriers by simply translating the original taglines or ignoring cultural barriers. This is where they go wrong. Here are some examples:
A company that made baby foods entered the market in Africa where they used their original packaging of containers with baby pictures on them. In Africa, most companies follow the tradition of putting picture of contents on the packaging. So, putting the picture of a baby on the packaging proved to be a bad brand strategy.
A famous cereal brand had to rename their product name in Sweden after it was translated into the local language as “burned farmer.”
A well-known bank with an ad campaign that read, "Assume Nothing," had to reconsider their campaign when they launched their operations overseas. They had to change their tagline because the tagline translated to "Do Nothing" in many countries.
An automobile company tried to sell cars in Mexico using a tagline that roughly translated to “the car doesn’t move”.
A beverage company used characters in Chinese that sounded like the brand name but read as “Bite the wax tadpole.” They later used a different tagline, this time being more careful.
Explanation:
How much would $2000 dollars earn in 1 year at a rate of 4.4% compounded annually?
Answer:
2,088
Explanation:
Use calculator and do 2000(1.044)^1
If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A. Statement of owners' equity B. Cash flow statement C. Balance sheet D. Income statement Please select the best answer from the choices provided
Answer:
D. Income statement.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Example of financial statements includes an income statement used to measure the amount of money entering into a business and to determine if its making a profit or a loss.
Hence, If you want to know whether a company had a profit or a loss during a specific period of time, the financial statement which would be most helpful is the income statement.
Answer:
D. Income statement.
Explanation:
The lessons or skills that a person gains by working in a specific job or occupation is known as _____.
A. training
B. experience
C. certification
D. education
Answer:
experience
Explanation:
which of the following types of attire typically consists of button-down shirt and dress pants for men and blouses and dress pants or skirt for women
Answer:
The answer is Business casual for
Explanation:
I just took the quiz
The type of attire that typically consists of a button-down shirt and dress pants for men and blouses and dress pants or skirts for women is business casual.
Which of the following types of attire typically consists of button-down shirt ?This dress code is commonly used in professional settings where a certain level of formality is expected but not as strict as a formal business attire.
Business casual attire for men usually involves a collared shirt such as a dress shirt, polo shirt, or a button-down shirt. Dress pants such as khakis, chinos, or wool trousers are appropriate, and leather shoes, such as loafers or dress shoes, are recommended. However, a tie is optional.
For women, business casual attire typically includes blouses or collared shirts, dress pants, or skirts. Skirts should be knee-length or longer, and pants should be tailored and not excessively tight or revealing. Shoes should be closed-toe and comfortable, such as loafers, flats, or heels with a moderate height.
Overall, business casual attire is a versatile dress code that balances professionalism with comfort and flexibility. It is commonly used in office settings, meetings, and other business-related events where a formal dress code is not required.
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YO GUYS mator12 IS A BIG BABY
Answer: lol
Explanation:
Is it abc or cba
I wanna know thanks bro
Answer:
If your talking about Alphabetical order, it's ABC.
If your talking about anything else, it might be CBA.
Explanation:
If answer is 1, Go along with the alphabet.
ABCDEFGHIJKLMNOPQRSTUVWXYZ.
If it's two, (I actually don't know.)
Write a short paragraph describing the benefits of working as a team to complete a project.
Answer:
A group of people who have to achieve common goal is known as team. If we work in team it increases our creativity and learning, it also builds trust. It boost the particular person when we work in team. We can also learn faster. There are more chances of getting success in particular area if we work in team. As there is saying, " together we can achieve more what each of us can achieve." It also enhances productivity and capability.
Ollver is the vice president of production at his company and has been managing the launch of nen software systems. He worked with a
team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the
product. Which department managers were part of Oliver's team
Oliver's team induded the
manager, who would handle product awareness, and the
manager,
who would handle potential purchasers of the product
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
Answer:
its advertising and sales
Explanation:
i took the test and got it right
As Mike says in the video, trainers need to genuinely care about their clients. Ana adds that she learns a lot about people and earns their trust, then helps them set practical goals that will help them methodically improve their fitness. Which problem-solving style is the best fit? Intuitive-Feeling Intuitive-Thinking Sensation-Thinking Sensation-Feeling
Answer:
Sensation feeling
Explanation:
In a society with a market economy, property rights are generally enforced by
A. the banks
B. the courts
C. the producers
D. the consumers
Answer:
ccccccccccccccccccccccc
Explanation:
A process for making financial decisions is called _____.
Answer:
ouybouybo
Explanation:
Attorneys suing Chiquita believe that the most ethical choice for a company facing violent threats at an overseas business unit is to: a.make questionable payments to political groups. b.offer bribes to top leaders of the host country. c.do nothing. d.suspend all business activities and exit the country.
Answer: d. suspend all business activities and exit the country.
Explanation:
Chiquita Brands International is simply a multinational corporation that delas with fruit production. While in Columbia, the company was involved in bribery which was due to the political unrest in the country.
In order to keep the guerilla fighters away from their workers, Chiquita has to bribe them which later resulted in a court case. Attorneys suing Chiquita believe that the most ethical choice for a company facing violent threats at an overseas business unit is to suspend all business activities and exit the country.
The most ethical choice for a company facing violent threats for option d.
Ethical choices:Chiquita Brands International should be the multinational corporation that deals with the production of fruit . While in Columbia, the company was included in bribery because of the political unrest in the country. For keep the guerilla fighters away from their workers, Chiquita has to bribe them that leads in a court case.
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What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio
Short-term bank loans (Select all that apply.) usually have a lower interest rate than long-term debt. usually have a higher interest rate than long-term debt. are not frequently used by large corporations as a significant component of capital structure. are frequently used by large corporations as a significant component of capital structure.
Answer:
A. usually have a lower interest rate than long-term debt.
D. are frequently used by large corporations as a significant component of capital structure.
Explanation:
A short-term bank loan can be defined as a type of loan that provides quick cash which mainly have a shorter repayment period when compared to a traditional loan.
Basically, when a small business owner (entrepreneur) or start-up needs to finance a temporal personal or working capital requirements but isn't eligible to apply for a line of credit from a bank; he or she can obtain a short-term bank loan.
Short-term bank loans usually have a lower interest rate than long-term debt and are frequently used by large corporations as a significant component of capital structure.
what a product that hasn't been created yet???
Answer:
i like your smart pantry idea lol, its like a smart fridge but pantry version
Explanation:
Jonah had $25 to spend. He
decided to buy a new shirt
instead of going to the
amusement park with his
friends, Jonah has: purchased a
service, made an economic
tradeoff, made a poor
economic decision, or ignored
the concept of scarcity
Answer:
ignored the concept of scarcity
According to leading entrepeneur, Guy Kawasaki, the best reason to start a new business is to ______.
be your own boss
make a large profit
make the world a better place
achieve success
Answer:
make the world a better place
Explanation:
Answer:
C. Make the world a better place
Explanation:
"The best reason to start an organization is to make meaning - to create a product or service to make the world a better place."
—Guy Kawasaki, entrepreneur, investor, author
What is the similarity between goodwill and factory equipment for a business?
A.
Neither has a physical presence.
B.
Both have a financial value.
C.
Both are tangible assets.
D.
Both need to be sold off within one year.
E.
Both are current assets.
Answer:b
B: Both have financial value
Explanation:ik its b
Ik its B took the test
Answer: I believe the answer is B
list any 5 important of wetland
Answer:
Wetlands are highly productive and biologically diverse systems that enhance water quality, control erosion, maintain stream flows, sequester carbon, and provide a home to at least one third of all threatened and endangered species. ... improve water quality. provide wildlife habitat. maintain ecosystem productivity.
Answer:
Wetlands...
- protect and improve water quality by filtering water
- Provide fish and wildlife habitats
- Store floodwaters
- Maintain surface water flow during dry periods
Explanation:
Edge notes 2020.
