1. This individual's net worth is $119,000 ($328,500 - $209,500).
2. The non-liability payment is $100 per month for a gym membership.
What is a person's net worth?An individual's net worth is the difference between the assets and the liabilities.
The net worth can be positive (when the assets are worth more than the liabilities) or negative (when the liabilities are worth more than the assets).
Data and Calculations:Assets Liabilities
Home value $250,000 $150,000
Auto $25,000 $15,000
New household furnishings $5,000 $4,500
Retirement account $45,000
Emergency savings $1,500
Checking account $500
CD $1,500
Credit cards balances $15,000
Student loans $25,000
Totals $328,500 $209,500
3. Thus, the two components of this individual's budget are assets and liabilities.
4. The two types of financial aid that the friend could apply for without repayment are grants or scholarships.
Learn more about assets and liabilities at https://brainly.com/question/24534918
#SPJ1
Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all suppliers as 5%, and the probability of a unique-event that would disrupt one of them sometime during the next five years to be 10%. Supplier management costs during this period are $30,000 per supplier. The financial cost incurred if all suppliers are disrupted at the same time is estimated to be $2,000,000. Assume that up to five nearly identical suppliers are available. How many suppliers should the manager use?
Based on the financial cost incurred if supply is disrupted and the probability that this happens, the number of suppliers the manager should use is Two (2) suppliers.
How many suppliers should be used?If 3 suppliers are used, the probability of disruption would be:
= Probability of super event + (1 - Probability of super event) x Probability of unique event^ number of suppliers
= 5% + (1 - 5%) x 10%³
= 0.145
The payoff would be:
= 2 million x 0.145 + 30,000
= $191,900
With two suppliers:
= 2 million x (5% + (1 - 5%) x 10%²) + 30,000
= $169,000
With one supplier :
= 2 million x (5% + (1 - 5%) x 10%) + 30,000
= $320,000
The lowest cost is with 2 suppliers so this should be chosen.
Find out more on probability of disruption at https://brainly.com/question/16625463.
#SPJ1
Andre completed a job interview two days ago. He thought it went really well, but he hasn’t heard back from the company. Thinking back to the final moments of the interview, Andre tries to recall whether the interviewer gave him a timeline of when he could expect an answer. Explain how Andre might express his interest without indicating that he has forgotten some of the conversation.
Answer:
It would be best if he were to call the company and ask for an update on his employment from the interviewer that he had. Even if they gave him a timeline, it still looks good on him. He could also tell them that he had forgotten that piece as well, if he wanted. Employers want hard-working, dedicated, and HONEST workers. Honesty will always take you a long way.
The discounted payback period Blank _____ account for the time value of money, and the payback period Blank
The discounted payback period does account for the time value of money, and the payback period does not.
What is discounted payback period?
A method of capital budgeting used for determining a project's profitability is known as discounted payback period. This will be done by recognizing the time value of money and by discounting cash flows of the future.
The payback period is the amount of time it takes for an asset's net cash flows to pay back the amount invested in it. It's a quick and easy technique to assess the risk of a given project.
The advantage of this method is utilized in selecting the projects as this method helps to determine the profitability of any project by identifying measures to reach the break-even point in any project.
Learn more about discounted payback, here
https://brainly.com/question/13057308
#SPJ1
Many coffee shops will offer a 10-cent discount on coffee purchases if you bring in a reusable cup. This shows an example of
Many coffee shops will offer a 10-cent discount on coffee purchases if you bring in a reusable cup. This shows an example incentives.
What are incentives?incentives serve as those items or actions that motivates or encourages people to do something.
Therefore, some sellers give incentives to customers to encourage them to buy more.
Learn more about incentive at;
https://brainly.com/question/8992482
#SPJ1
Interview a business owner/manager on the Crisis experienced in the workplace. Attach an interview schedule as part of your oral presentation.
There are several crises experienced by employees during recent pandemic. So, in an interview with a business owner regarding the crisis experienced, one can ask about how can businesses deliver better outcomes in times of a crisis.
What is an interview?An interview is a meeting or a formal consultation at which information is obtained (as by a reporter, television commentator, or pollster) from a person.
It is a conversation in which you and an employer exchange information. The main features of the interview are conducted in the form of conversation, which is shaped by certain guidelines and questions between the researcher and the respondent. It is used in surveys and participant observation methods.
Learn more about interview here,
https://brainly.com/question/15128068
#SPJ1
Human services management includes grant writers, executive directors, program directors, and _____.
A. development directors
B. budget writers
C. disaster scene directors
D.support staff
Answer:
Your answer is A. development directors
Hope this helps!
Customer relationship management (CRM) helps firms gain and maintain competitive advantage by: a. encouraging them to produce standardized goods. b. merging all demographic-based and behavior-based segments of markets. c. studying which goods and services are purchased together. d. prohibiting them from bundling goods and services together.
Answer:
A. Encouraging them to produce standardized goods
________ is a companywide effort to continuously improve the ways people, machines, and systems accomplish work.
An effort to improve the ways people, machines, and systems accomplish work is known as total quality management.
What is TQM?TQM is defined as a system of management in which is a firm has focused on the customer in which all employees participate in continuous improvement. It integrates quality into the culture and brings improvement through strategy, data, and effective communication.
It helps to reduce the cost of activities by improvising them effectively with techniques. This will leads to an increase in the productivity of workers. When the productivity is high, the deadlines will be achieved completely resulting in optimum utilization of resources.
It helps in formulating strategies for improvement and works for effective decision-making to transform the process of business. It will help to effectively communicate with the employees to improve their efficiency and boost their morale.
Learn more about TQM, here:
https://brainly.com/question/15190626
#SPJ1
Your creditworthiness is measured by a number called a.
Equipment with a book value of $82,000 and an original cost of $169,000 was sold at a loss of $36,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000. Stock investments were sold for $95,600 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
The net cash flow from investing activity is equal to $450,600.
What is Investing Activity?The investing activity is regarding the purchase and sale of long-term assets. The sale of long-term assets is added to the cash flow, on the other hand, the purchase of fixed assets is deducted from the cash flow.
Cash flow from Investing activity:
Sale proceeds from equipment (Book Value - loss) $46,000
Purchase of new truck -$106,000
Sale of land $415,000
Sale of Stock investments $95,600
Net cash flow from investing activity $450,600
hence, the net cash flow from investing activity is equal to $450,600.
learn more about investing activities here:
https://brainly.com/question/17185574
#SPJ1
Drag each tile to the correct box
determine the type of risk each investment is likely to incur
business risk
call risk
liquidity risk
taxability risk
lee purchased municipal bonds
issued by a government entity.
valerie bought bonds that include
a feature to pay the bonds back
earlier than the maturity date.
brian used most of his savings to
purchase the stock of a big
company
aj invested all of his savings in
a rental home.
The kind of risk that the given investments might incur are:
Lee purchased municipal bonds issued by a government entity - Liquidity risk. Valerie bought bonds that include a feature to pay the bonds back earlier than the maturity date - Call risk. Brian used most of his savings to purchase the stock of a big company - Business risk. Aj invested all of his savings in a rental home - Taxability risk.Which risks do these investments face?Municipal bonds are usually illiquid which means that buying them comes with liquidity risk. Buying stock comes with business risk because the stock might lose value if the company performs poorly.
Call risk occurs when the issuer of a bond can pay back the bond before it matures.
Find out more on liquidity risk at https://brainly.com/question/921670.
#SPJ1
Answer:
C. B. A. D.
expiation:
in that order
An airport wants to make its luggage-handling process faster and simpler for travelers. A data analyst examines and evaluates how the process works currently in order to achieve the goal of a more efficient process. What methodology do they use
To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.
What is a gap analysis?Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.
Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.
Find out more about gap analysis here:
https://brainly.com/question/10549036
#SPJ1
Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Multiple choice question.
Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Market research.
What is market research?
This can be referred to as all activities that are geared towards finding it the target market for which a product would be developed.
It helps to know the would be consumers of the product that is being created and also to know the needs of the market.
Read more on market research here:
https://brainly.com/question/24906199
#SPJ1
Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers training to groups in off-site locations. wti initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of december 31 follows, along with descriptions of items a through h that require adjusting entries on december 31.
Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.
What is accrual method?A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.
Hence, the significance of accrual method is given above.
Learn more about accrual method here:
https://brainly.com/question/14868839
#SPJ1
Advertising, fashion trends, and new product introductions serve to.
Answer:
Create consumer demand.
Explanation:
Advertising helps promote your product so people will want to buy it.
On july 1, a company receives an invoice for $800 with term 1/10, net 30.
The payment to be made on the invoice for $800 with term 1/10, net 30 will be $800, as the discount period has lapsed on the date of payment.
What is payment?The dues, which are liable to be cleared off by the borrower or the buyer to the seller or owner of the goods being exchanged, are known as payments.
When discount is offered on payment for an invoice with terms of 1/10, the discount on payment shall lapse after 10 days and thus, full amount has to be paid on July 15, which is 14 days after the receipt of invoice.
Hence, the payment to be made is explained as above.
Learn more about payments here:
https://brainly.com/question/15138283
#SPJ1
Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of hamburgers?.
It is likely that the increase in the price of hamburgers is related to the fact that demand is greater than supply.
What is the law of supply and demand?It is an economic approach to understanding the economic factors that influence the quantity of a product supplied in a market and its price.
Therefore, when there is more demand than supply for a good available in the economy, it means a situation of scarcity, which makes prices rise.
Find out more about law of supply here:
https://brainly.com/question/26374465
#SPJ1
A couple advises a banker that their total income includes both salary and disability payments. How should disability payments, which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.
The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:
The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.How do you calculate disabilities?In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.
One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.
Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:
The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.Learn more about disability payments from
https://brainly.com/question/16810465
#SPJ1
Closing entries Group of answer choices need not be journalized if adjusting entries are prepared need not be posted if the financial statements are prepared from the end-of-period spreadsheet are not needed if adjusting entries are prepared must be journalized and posted
In Financial accounting, closing entries: D. must be journalized and posted.
What are closing entries?Closing entries can be defined as journal entries that are made at the end of an accounting period and it involves the transfer of financial data from temporary accounts to permanent accounts.
In Financial accounting, it is a general rule that all closing entries must be journalized and posted at the end of an accounting period.
Read more on closing entries here: https://brainly.com/question/13460212
#SPJ1
Macie has $25 in her checking account when her electronic funds transfer system (EFTS) card and personal identification number (PIN) are stolen. If Macie notifies her bank tomorrow, the day after the theft of her card, her loss is limited to: Group of answer choices
Macie's loss is restricted to the amount in his checking account if she doesn't notify her bank the day after her card is stolen. Limited amount checking account notifies next day card stolen.
What should a person do when his cards are stolen?Consumers must inform the loss of an ATM card, PIN number, or online banking password within two days of receiving their bank statement that reflects the crime.
Therefore, consumers that misuse their credit cards are only liable for $50 in losses.
Learn more about the checking account, refer to:
https://brainly.com/question/20984186
#SPJ1
why are medical related profession and human resources important
What it the present value of $2,000 that you expect to receive in 3 years assuming you could invest the money today and earn a 5% annual return?.
A present value of $2,000 that you expect to receive in 3 years, the future value is mathematically given as
F=2315.24
What is the Future value of $2,000?Generally, the equation for the present value is mathematically given as
P= fv*1/(1+r)n
Therefore
2000=F *1/(1+0.05)^3
F=2315.24
In conclusion, the Future value
F=2315.24
Read more about present value
https://brainly.com/question/17322936
#SPJ1
A supervisor asks the HR manager for advice on delivering performance feedback. The supervisor finds that the meetings tend to be confrontational and don't lead to performance improvement. She tells the HR manager how she carefully fills out the appraisal form ahead of time and then invites the employee into the conference room to discuss her feedback immediately, before the employee has time to think up excuses for poor performance. What is the best advice the HR manager should give the supervisor for delivering performance feedback
The best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.
What is a performance feedback?It should be noted that performance feedback is simply used in an organization to evaluate the performance of the workers.
In this case, the best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.
Learn more about performance on:
brainly.com/question/1532968
#SPJ1
The key provisions of the sarbanes-oxley act include.
The Sarbanes Oxley act is related to the reform of corporate financial reporting and the accounting profession. This act is also known as SOX.
What are the Key provisions of SOX?
Following are key provisions of SOX:
certify the accuracy of their company's financial statements by the corporate executive.through assessing internal controls to prevent wrong, misleading, or fraudulent financial data.There are criminal penalties for misleading shareholders and altering documents to impede an investigation.Thus, the SOX act is related to the reforms for corporate financial reporting and the accounting profession.
Learn more about Sarbanes-Oxley here:
https://brainly.com/question/4254567
#SPJ1
Positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ economic events. Multiple choice question. avoids; scientific; actual avoids; normative; actual encourages; scientific; potential encourages; scientific; actual encourages; normative; potential
Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.
What is positive economics?Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.
To learn more about positive economics, please check: https://brainly.com/question/21172450
#SPJ1
is coke and pepsi a duopoly
Answer:
Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.
Explanation:
Question 5 of 20
Which is an advantage of paying off a liability?
OA. The liability remains a liability.
B. The liability starts to lose valu
OC. The liability starts to gain value.
OD. The liability can become an asset.
Answer:
OD is the answer because a liability can become an asset once paid
An advantage of reimbursing the liability is that it becomes an asset when it is being paid.
Option D is correct.
What is an asset?An asset is the monetary resource of a company which is acquired so that the company would get the maximum benefits in the near future. It is the secondary part of balance sheet which is further classified into two parts namely, current and non-current assets.
Liability is referring to the obligation of a company regarding which the repayment would be done after a certain period of time. In order to repay the liabilities like short-term and long-term borrowings, the assets which can be easily converted into cash are being considered. For instance, the amount due from debtors is a current liability and when it is paid, then it is considered to be a current asset.
Therefore, the advantage written in option D is correct.
Learn more about the assets in the related link:
https://brainly.com/question/14404094
#SPJ2
What is the first step you should take when you want to open a savings account?
A. Make your initial deposit.
B. Present your photo ID to the bank
representative.
C. Review the different savings account options
that your bank offers.
D. Go to the bank and fill out an application.
The first step that you should take when you want to open a savings account is go to the bank and fill out an application form.
What is saving account?A saving account refers to a bank account that includes a limited number of withdrawals, lack of cheque and linked debit card facilities.
The first step you should take when you want to open a savings account is go to the bank and fill out an application.
Therefore, D is the correct option.
Learn more about Saving account here:
https://brainly.com/question/3811440
#SPJ1
Assume straight-line depreciation and equal cash flows. A company plans to purchase equipment for $25,000. The equipment will have $0 salvage value and increase income by $7,500 annually during its 5-year life. The accounting rate of return is
Based on the purchase price of the equipment and the increase in annual income, the accounting rate of return is 60%.
What is the accounting rate of return?This can be found by the formula:
= Average annual income - Average investment
The average investment is:
= Purchase price / 2
= 25,000 / 2
= $12,500
The accounting rate of return is:
= 7,500 / 12,500
= 60%
Find out more on the accounting rate of return at https://brainly.com/question/21276152.
#SPJ4
Most loans are paid back in __________ installments. a. daily b. weekly c. monthly d. yearly.