Considering the credit industry analysis, the marketing tactics that the credit industry uses to trick people into getting into debt include offering lower introductory APR rates.
Other marketing tactics that the credit industry uses to trick people into getting into debt include the following:
Appealing to people's social conscience Incentives and rewardsEncouraging youth cultureUsing celebrity personality as ambassadorCreating points that don’t provide strong merchandise choicePromoting the desire to spend money on your family.Hence, in this case, it is concluded that there are various ways in which the credit industry tricks people into debts.
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examine the importance of relative
Prices
the
economy
Relative-price movements convey necessary info concerning the deficiency of specific merchandise and services. A rising relative worth indicates that demand is outstripping provide (or that offer is falling behind demand), whereas a falling relative worth denotes simply the other.
Suppose that Beltran Corporation uses all-equity financing and that Beltran’s market value in one year’s time will be either $100 million or $50 million depending on the success of new product innovations. Currently, investors view the outcomes equally likely, but Beltran’s CEO Kim Smith has information that success is virtually certain. Will leverage of $25 million make Smith’s claims credible? How about leverage of $55 million?
With a leverage of $25 or $55 million, the risk of failure is diversified among equity and debt holders. Financial leverage has its risks. It will impact success negatively if the debt leverage does not add more value.
However, if Beltran Corporation achieves success with the added leverage, the equity's returns will increase because of the increased volatility.
On the other hand, debt leverage increases the cost of capital when calculating the weighted average cost of capital. The increased cost of capital reduces the market value of equity.
Data and Calculations:
Expected market value of equity with product success = $100 million
Expected market value of equity without product success = $50
Probability of product success = 50%
Expected market value of equity with or without product success = $75 million ($100 x 50% + $50 x 50%)
Thus, the leverage of either $25 or $55 million does not drive successful outcomes unless success depends solely on more funding.
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Select all that apply Identify the statements below which summarize what cash discounts are. (Check all that apply.) Multiple select question. A reduced payment applies to the credit period. A buyer views a cash discount as a purchase discount. A reduced payment applies to the discount period. Cash discounts are described in credit terms. Sellers can grant a cash discount to encourage buyers to pay earlier. A seller views a cash discount as a sales discount. A seller views a cash discount as a purchase discount.
Bonds Issued at a Discount (Effective Interest) Crafty Corporation received $472,088 of cash upon issuance of 500, $100 par value bonds. Each bond has a stated rate of 5% and will mature on December 31, 2030, 7 years after the issuance of the bonds. Interest is paid annually on December 31. The market rate of interest is 6%. Required: Prepare the journal entry for December 31, 2026. If an amount box does not require an entry, leave it blank. When required, round amounts to the nearest whole dollar. 2026 Dec. 31 Interest Expense Interest Expense Interest Expense Discount on Bonds Payable Discount on Bonds Payable Discount on Bonds Payable Cash Cash Cash Prepare the journal entry for December 31, 2027. If an amount box does not require an entry, leave it blank. When required, round amounts to the nearest whole dollar. 2027 Dec. 31 Interest Expense Interest Expense Interest Expense Discount on Bonds Payable Discount on Bonds Payable Discount on Bonds Payable Cash Cash Cash
The Crafty Corporation will record the following Journal Entries:
1. Dec. 31, 2026:
Debit Interest Expense $28,325
Credit Discount amortization $3,325
Credit Cash $25,000
To record the first interest payment and amortization of discount.
2. Dec. 31, 2027:
Debit Interest Expense $28,525
Credit Discount amortization $3,525
Credit Cash $25,000
To record the second interest payment and amortization of discount.
Data and Calculations:
Cash proceeds from bonds issuance = $472,088
Face value of bonds = $500,000
Discounts on bonds = $27,912 ($500,000 - $472,088)
Coupon interest rate = 5%
Market interest rate = 6%
Maturity period = 7 years
December 31, 2026:
Interest expense = $28,325 ($472,088 x 6%)
Cash paid = $25,000
Discount amortization = $3,325 ($28,325 - $25,000)
Bond's value = $475,413 ($472,088 + $3,325)
December 31, 2027:
Interest expense = $28,525 ($475,413 x 6%)
Cash paid = $25,000
Discount amortization = $3,525 ($28,525 - $25,000)
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Management considers only operational performace measures B. Management considers only lag indicators C. Management considers both financial and operational performace measures D. Management considers only financial performace measures
Answer:
C
Explanation:
C
Both financial and operational measures should be considered.
Consumer A consumes gasoline Rmb 200 yuan while consumer B purchases 20 liters of gasoline every time. What are the price elasticities of these two consumers?
The price elasticity of these two buyers is different because consumer A only has 200 yuan and buys as much gasoline as can be with that money, while consumer B needs 20 liters regardless of its price.
The price elasticity of demand is a term that refers to the change in the quantity demanded of a good when its price changes. According to the above, the elasticity of the consumer A does vary because he only has 200 yuan to buy gasoline, so if the value of gasoline increases, he will be able to buy less gasoline.
On the other hand, consumer B does not have much interest in the value of gasoline because he needs 20 liters, that is, if the value increases or decreases, he will continue to buy the 20 liters regardless of its value.
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Home Decor has a debt-equity ratio of .54. The cost of equity is 15.7 percent, the pretax cost of debt is 6.8 percent, and the tax rate is 22 percent. What will be the cost of equity if the debt-equity ratio is revised to .65
If the debt-equity ratio is revised from 0.54 to 0.65, the cost of equity will be 11.95%.
Data and Calculations:
Debt-equity ratio = 0.54
Weight of equity = 0.46 (1 - 0.54)
Cost of equity = 15.7%
Pretax cost of debt = 6.8%
Tax rate = 22%
Post-tax cost of debt = 5.3% (6.8% (1 - 22%)
Revised debt-equity ratio = 0.65
Revised weight of equity = 0.35 (1 - 0.65)
Thus, if the cost of equity is 15.7% when equity ratio is 0.46, then the cost of equity will be 11.95% (15.7%/0.46 x 0.35) when the equity ratio revises to 0.35.
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The cost of equity would 16.43% if the debt equity is revised to 0.65
Solution
The debt equity ratio = 0.54
To get the cost of the debt post tax:
= 6.8%*(1-0.22)
= 0.068*0.78
= 0.05304
= 5.304%
Next we are to get the WACC
[tex]WACC= 15.7percent*\frac{1}{1+0.54} *5.304percent*\frac{0.54}{1+0.54}[/tex]
WACC = 0.157*0.6494+0.05304*0.3506
= 0.1205
= 12.05%
Since the Debt equity ratio is revised to 0.65 and WACC stays the same
We would have
[tex]12.05percent = Ke*\frac{1}{1+0.65} +5.304percent*\frac{0.65}{1+0.65}[/tex]
0.1205 = Ke*0.606+0.05304*0.3939
0.1205 = 0.606Ke + 0.02089
We collect like terms
0.1205-0.02089 = 0.606Ke
0.09961 = 0.606Ke
Ke = 0.1643
= 16.43 percent
The cost of equity would 16.43% if the debt equity is revised to 0.65
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How can big data can use to achieve banking
Answer:
Track customer spending patterns.
Segment customers based on their profiles.
Implement risk management processes.
Personalize product offerings.
Incorporate retention strategies.
Collect, analyze, and respond to customer feedback.
Explanation:
Big data solutions in banking allow companies to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time. This means better visibility into the day-to-day operations and an elevated ability to proactively solve any issues.
outlook 365 can be described as a personal information manager true or false
Answer:
True.
Explanation:
If you search up this exact question, your number one answer should be from wikipedia. It says, and I quote:
"Microsoft Outlook is a personal information manager software system from Microsoft, available as a part of the Microsoft Office suite. Though primarily an email client, Outlook also includes such functions as calendaring, task managing, contact managing, note-taking, journal logging, and web browsing."
in the table, which of the following is most likely to account for the large expected demand for registered nurses
A. the educational requirements to be a registered nurse are increasing more rapidly.
B. The American population is aging and older people need more health care than younger people.
C. The job demands little education.
D.Fewer young people are expected to go to college
The factor that is most likely to account for the large expected demand for registered nurses is the American population is aging and older people need more health care than younger people.
An increase in demand for registered nurses can result from an increase in the aging population. This group of population would require care for nurses. An increase in demand for registered nurses would lead to a rightward shift of the demand curve for nurses.
If the educational requirements needed to be a registered nurse increases and fewer people are expected to go to college, the supply of registered nurses would decline. If the job requires little education, the supply of registered nurses would increase.
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Answer:
B. The American population is aging and older people need more health care than younger people.
What is a labor market?
Question 6 options:
the availability and demand for jobs in a certain area
a place where people can go to learn about jobs
an online stock exchange that tracks jobs
a career cluster dealing with manual jobs
Answer:
the availability and demand for jobs in a certain area
A labor market is simply the:
A. Availability and demand for jobs in a certain area.
Based on the given question, we can see that we need to show the correct answer to the question which asked for the definition and explanation of what a labor market is.With this in mind, we can see that a labor market has to do with how available the demand for jobs are in a certain area and the man power that is needed to fill such vacancies.
Therefore, the correct answer is option A
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Culture clashes frequently happen when ________ within an organization interpret rules differently based on their levels within the organization
Based on sociological research study, culture clashes frequently happen when subcultures within an organization interpret rules differently based on their levels within the organization.
This is because subculture is a term that is used to describe a group of individuals within a large group, usually within an organization, who share the same characters such as problems and experience that is peculiar to them.
Culture clashes occur when this group of people with similar identity or functions interpret rules or objectives differently based on their statuses within the organization.
Hence, in this case, it is concluded that the correct answer is "Subculture."
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A company is aware that it sells an inferior good with a coefficient of income elasticity of demand (-)0.5. At present it sells 500 units each year at an average price of 2,000 each. At the last budget, the Finance Minister forecast an increase in real income for the economy of 5%.
The revenue earned by the company will reduce if the Finance Minister's forecast of an increase in real income by 5% is correct.
Data and Calculations:
Coefficient of income elasticity of demand = (-)0.5
Annual demand of the inferior good = 500 units
Average price of the good per unit = $2,000
Total dollar demand = $1,000,000 ($2,000 x 500)
Increase in real income by 5% = $1,050,000 ($1,000,000 x 1.05)
Decrease in quantity demanded = 475 (500 x 1 - 0.5)
If the price remains $2,000, the revenue will be reduced to $950,000 (475 x $2,000).
But most likely, the price will reduce to at least $1,900 ($2,000 x 1 - 0.5), then the revenue will be reduced to $902,500 (475 x $1,900).
Thus, the revenue earned by this company will reduce if the Minister is correct in the forecast's 5% increase in real income.
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Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%:
The discounted payback period for the project is 2.33 years.
Time Cashflow PVF at 8% Present value Cumulative Present value
0 -$100 1 -100 -100
1 40 0.925926 37.03704 -62.963
2 50 0.857339 42.86694 -20.096
3 60 0.793832 47.62993 27.53391
Note
The PVF for each year are derived using the PVF calculator (i.e PVF, 8%, 0 years)We can also observe that we are able to payback the money before the entire 3rd year, therefore, the 2nd year will be used in calculation of discounted payback period.Discounted payback period = 2 Years + 20.096/47.6299
Discounted payback period = 2 Years + 0.33
Discounted payback period = 2.33 years.
Therefore, the discounted payback period for the project is 2.33 years.
Missing word includes "Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%: Initial Outlay = $100 Cash Flows: Year 1 = $40 Year 2 = $50 Year 3 = $60"
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5. Describe what causes a change in demand.
Answer: A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.
Explanation: mark me brainly please
What is distinctive about double-entry accounting?
A.
It tracks both income and expenses in the same place.
B.
Each piece of information is recorded in at least 2 accounts.
C.
Two copies are made of each record for safety.
D.
Two users must verify the accuracy of each entry.
Answer:
the answer to your question is d
How do early retirement affect on business activity?
Answer:
Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.
Bridger Ski Co. has developed a tract of land into a ski resort. The company has cut the trees, cleared and graded the land and hills, and constructed ski lifts. a. Should the tree cutting, land clearing, and grading costs of constructing the ski slopes be debited to the land account
Answer:
A. Yes
B. No
Explanation:
According to the question, option A, The tree cutting, and land clearing answer is yes, and for option B costs of constructing the ski slopes be debited to the land account the answer is NO.
What is the land account?A land account organizes information on land value, usage, and cover in a consistent manner throughout time and space. This kind of information organization demonstrates the connections between environmental and economic processes as they occur throughout our planet.
A land account lays the groundwork for understanding Australia's land and aiding in improved decision-making. It serves as the basis for several additional accounts, including ecosystem accounts.
Using a land account, we can:
Monitor changes in vegetation and land cover and comprehend their timing and mechanisms; assess policies and programs to determine whether they are having the desired effect, and comprehend the effects of various land uses on the environment and the economy.
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PowerSounds Inc. is a manufacturer of audio equipment. The corporation has production, marketing, accounting, and finance departments. They have a department that makes speakers, turntables, and accessories for professional DJs, and a department that produces equipment for home use. Marlena works in the production department manufacturing speaker components. She reports to the production manager and her project manager. Emmanuel works in the accounting department and also manages public relations. The organization requires all the employees to wear the corporation's T-shirt as part of the uniform. There are also specific procedures that the employees must follow while manufacturing the instruments.
It can be inferred that Marlena works in a ________ department.
a. flat
b. wide
c. narrow
d. line
e. staff
When she was starting Camp Bow Wow, Heidi Ganahl, the CEO, had a decision to make. To what extent should she wire her facilities to allow dog owners to see what their dogs were doing on the Internet
Answer:
Little or very minimal
Explanation:
she should only wire her facility to the point where she can control what is being broadcasted to the internet
She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal
What are owners?The term owners state one who has the legal or rightful title to something: one to whom the property belongs in business, property owners. He and his sister are the owners of the restaurant. There are some different types of owners who are also there in it. As we see, there are some partners who are also there in the owners as well. By the owners, things are also been changed.
As she was starting Camp Bow Wow, Heidi GANIL, the CEO, had the decision to make She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, Little or very minimal as she wanted to make the things are being also on the internet been seen.
Therefore, the conclusion is that She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal
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Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except
Answer:
It eliminated the need for fixed costs.
Explanation:
Jake Nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except that it eliminated the need for a fixed cost.
Crowdsourcing simply means a sourcing model where individuals or organizations obtain goods or services from a large group of participants.
It should be noted that Jake Nickells crowdsourcing approach to his business initially kept the business finances under control as it enabled bulk printing, eliminated the need to hire employees, etc. It should be noted that it didn't eliminate the need for a fixed cost.
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Challenges of internship simulation workshop
Answer:
online payments
Explanation:
People often encounter different kinds of issues. Challenges of internship simulation workshop are:
It is difficult finding the right step and also the right talent.There is the issue of relocation, housing, and transportation issues.There is the challenge of understanding terms, finding right and fit wise talent.Difficulty in the level of comprehension among student.There is a an issue of small or the lack of awareness.What is an internship simulation workshop?This is a type of workshop that student are required to engage in. The workshop is know to be divided into modules.
It is aimed to expose students to the different realities of the world of work. This is done through simulations and scenario-based analysis where there is the application of concepts and theories which the student have learnt to practical situations.
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Which of the following statements pertain to a joint venture and not to a partnership business arrangement?
I.It has a limited purpose
II.It is a business relationship between several entities
III.Involves the sharing of gross returns rather than profits
IV.Each person or entity involved is liable only for an agreed-upon portion of the liabilities
V.Allows for the right of each person or entity involved to dispose of any interest in the property subject to the agreement
Review Later
I, III, IV and V only
II and III only
I, II, III, IV and V
I and II only
The statements that pertain to a joint venture and not to a partnership business arrangement are: I and II only.
A joint venture is a business arrangement that is entered into by two or more business entities who pool resources together to venture into a business where resources will be shared.
This is different from a partnership that involves two or more people who decide to run a combined business.
So, the major difference between these two is that joint ventures are mainly entered because of a particular project.
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What is a click-and mortar store?
a store with an actual building
a store that sells online only
a store that sells products in malls
a store that sells products in stores and online
Answer:
a store that selles product in stores and online
An economy has two workers, Anne and Bill. Per day of work, Anne can pick 30 apples or 120 bananas, and Bill can pick 40 apples or 40 bananas. Anne and Bill each work 200 days per year. a. Anne's opportunity cost of picking one more apple is . Bill's opportunity cost of picking one more apple is . has a comparative advantage in apple picking. has an absolute advantage in apple picking.
Opportunity Cost is the opportunity or cost lost because another product or commodity is chosen.
Comparative advantage is when a person or entity gives up a lower opportunity cost for the same product or thing compared to the other person or entity.
Absolute advantage means when a person can produce or do more of a thing then the other person.
Anne's opportunity cost of picking an apple is 4 bananas.
Bill's Opportunity cost of picking an apple is 1 banana.
Bill has a comparative advantage of picking an apple.
Bill has an absolute advantage of picking an apple
Anne can pick 30 apples and 120 bananas.
It means if she picks an apple she will have to leave out 4 bananas.
Her opportunity cost of picking an apple is 4 bananas.
Similarly Bill has to give up 1 banana to pick another apple.
Bill's Opportunity cost of picking an apple is 1 banana.
Anne's opportunity cost of picking an apple is 4 bananas.
Bill has a comparative advantage of picking an apple because he will have to leave out only 1 banana as compared to Anne who has to leave out picking 4 bananas .
Anne's opportunity cost of picking a banana is 1/4 apples.
Bill's Opportunity cost of picking a banana is 1 apple.
Bill has an absolute advantage of picking an apple because he can pick more apples (40× 200= 8000) as compared to Anne who can pick less apples in the given number of days (30× 200= 6000) if resources are fixed.
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Regal, Incorporated, currently has an EPS of $1.30 and an earnings growth rate of 6.5 percent. If the benchmark PE ratio is 30, what is the target share price five years from now
Based on the information given the target share price five years from now is $53.4.
First step is to earning per share for year 5 using this formula
Earning per share for year 5=EPS×(1+Growth Rate)^5
Let plug in the formula
Earning per share for year 5=$1.30×(1+.065)^5
Earning per share for year 5=$1.30×(1.065)^5
Earning per share for year 5=$1.78111266
Second step is to calculate the target share price
Target Stock price=$1.78111266×30
Target Stock price=$53.4
Inconclusion the target share price five years from now is $53.4.
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A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees
Negative attitude can lead to high turnover
Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will put _______ pressure on the money supply, and to reduce the impact of this action the Fed could _______.
The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.
Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy
Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put decreased pressure on the money supply, and the Fed would act by decreasing the discount rate.
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Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire people she works with to accept her vision and support her efforts to be the best. This is an example of:
Answer:
good leadership
Explanation:
The fact that she inspires and not demands is an example of good leadership skills
Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire the people she works with to accept her vision and support her efforts to be the best. This is an example of Charismatic leadership.
Who is a leader?The term leader is someone who inspires passion and motivation in followers. A leader is someone with a vision and the path to realizing as we see there are different types of leaders who are there as we see in
The organization team leaders are there in it as we see in politics they are different from it. There are different kinds of leaders who are being there. And they can easily lead the group as well.
As charismatic leadership was included as the, charm By leadership they have combined interpersonal connections as well in the leadership.
Therefore, As a result, By charismatic leadership. They have the ability to inspire the people she works with.
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Being a single parent can be tough because
A.
You have twice the income and half the expenses.
B.
Changes in welfare laws increase the amount of time welfare will help the single parent.
C.
Taxes are much higher for single people than for those who are married.
D.
Working to support the family often means paying higher costs for child care.
Answer:
the answer is letter D
Explanation:
because as a single mother, you have to support your family, and needs to pay higher cost for your children.