The statement "Prequalification is a lender's estimate of how much you can afford to borrow, based on your gross income and debts" is the correct statement.
Prequalification is a process where a lender evaluates a borrower's creditworthiness and gives them a preliminary estimate of how much they can afford to borrow. This estimate is based on the borrower's gross income and debts, and other financial information provided to the lender. Prequalification is usually done without a credit check and does not guarantee that the borrower will be approved for a loan.
On the other hand, the statement "Prequalification means that you have approval from a lender to borrow up to $100,000" is incorrect. Prequalification does not guarantee loan approval, nor does it specify a specific loan amount that a borrower is approved for. The actual loan amount and terms are determined after the lender conducts a more detailed evaluation of the borrower's financial situation, including a credit check and verification of income and employment.
To learn more about gross income and debts, visit here
https://brainly.com/question/31345654
#SPJ4
if jeff had written five 6-month put options on worthen, what would his profit or loss have been at the maturity of the options if the stock price was $43 per share?
Jeff's profit or loss at the maturity of the options if the stock price was $43 per share is 5,000$.
How to find?To calculate Jeff's profit or loss after writing five 6-month put options on Worthen with the stock price at $43 per share at maturity, we need to know the strike price and the premium received for each option.Assuming that the strike price of the put options was $45 per share, Jeff would have made a profit of $10 per share on each option. This is because the holder of the put option would exercise their right to sell the stock to Jeff at $45 per share, even though the market price was only $43 per share. Jeff would then be able to sell the stock at the market price of $43 per share, making a profit of $2 per share on each option.Hence , Jeff's total profit would be $10 per share x 100 shares (per option) x 5 options = $5,000.
To know more on Stock price visit:
https://brainly.com/question/29997372
#SPJ11
A statement that reports the financial position (assets, liabilities, and stockholders' equity) of an accounting entity at a point in time is called a(an): (Points : 5)
Income statement
Statement of retained earnings
Balance sheet
Statement of cash flows
Report of management
The statement that reports the financial position of an accounting entity at a point in time is called a balance sheet. A balance sheet presents the assets, liabilities, and stockholders' equity of a company, providing a snapshot of its financial position at a specific date. It is an important financial statement that helps investors, creditors, and other stakeholders to evaluate the company's financial health and performance.
Total Assets include land, buildings, inventory, cash, account receivables, etc and Total Liabilities consists of accounts payable, notes payable, allowance for depreciation, etc. The balance sheet is also known as a positional statement as shows the financial position of the company. For preparing the balance sheet, an accountant has to prepare a trading account and profit and loss account for a particular period. Therefore the answer is balance sheet.
To learn more about balance sheet: https://brainly.com/question/25746199
#SPJ11
The statement that reports the financial position of an accounting entity at a point in time is called a balance sheet. A balance sheet presents the assets, liabilities, and stockholders' equity of a company, providing a snapshot of its financial position at a specific date. It is an important financial statement that helps investors, creditors, and other stakeholders to evaluate the company's financial health and performance.
Total Assets include land, buildings, inventory, cash, account receivables, etc and Total Liabilities consists of accounts payable, notes payable, allowance for depreciation, etc. The balance sheet is also known as a positional statement as shows the financial position of the company. For preparing the balance sheet, an accountant has to prepare a trading account and profit and loss account for a particular period. Therefore the answer is balance sheet.
To learn more about balance sheet: https://brainly.com/question/25746199
#SPJ11
a certain type of battery has a population mean lifetime of 40 hours with standard deviation 5 hours. find the probability that the average lifetime of 100 such batteries is less than 38 hours.
The probability that the average lifetime of 100 such batteries is less than 38 hours is about 2.28%. We need to use the Central Limit Theorem, which states that the distribution of sample means approaches a normal distribution as the sample size increases.
Given that the population mean lifetime is 40 hours and the standard deviation is 5 hours, we can find the standard error of the mean using the formula:
standard error = standard deviation / square root of sample size
standard error = 5 / sqrt(100) = 0.5
Now, we can calculate the z-score using the formula:
z = (sample mean - population mean) / standard error
z = (38 - 40) / 0.5 = -4
Finally, we can find the probability that the average lifetime of 100 such batteries is less than 38 hours by using a z-table or a calculator to find the area under the standard normal distribution curve to the left of the z-score:
P(z < -4) = 0.00003
Therefore, the probability that the average lifetime of 100 batteries is less than 38 hours is very low (0.003%). This suggests that if we were to take a sample of 100 batteries and calculate the average lifetime, it would be very unlikely to deviate from the population mean of 40 hours by more than 2 hours.
Learn more about probability here:
https://brainly.com/question/30034780
#SPJ11
If a firm sells a product that has a perfectly inelastic demand curve, then, if price doubles, it can be expected that: a. total revenue will decrease. b. total revenue will double. c. total revenue will remain unchanged. d. supply will decrease.
Inelastic demand curve means that the quantity demanded of the product will not change regardless of the price, so doubling the price will not affect the quantity sold. Therefore, the total revenue earned by the firm will remain the same.
If a firm sells a product that has a perfectly inelastic demand curve, then, if price doubles, it can be expected that total revenue will remain unchanged. This is because a perfectly inelastic demand curve means that the quantity demanded of the product will not change regardless of the price, so doubling the price will not affect the quantity sold. Therefore, the total revenue earned by the firm will remain the same.
Learn more about total revenue here
https://brainly.com/question/30529157
#SPJ11
If a firm sells a product that has a perfectly inelastic demand curve, then the answer is c. Total revenue will remain unchanged.
This is because a perfectly inelastic demand curve means that consumers are willing to pay the same price regardless of changes in quantity, meaning that price changes will not have a significant impact on demand. Therefore, the firm can double the price of the product without significantly impacting the amount of product demanded, resulting in a doubling of revenue.
When a firm sells a product with a perfectly inelastic demand curve, it means that consumers are willing to pay the same price for the product regardless of changes in price. In other words, the quantity demanded remains the same regardless of price changes. This situation is rare and usually occurs when the product is a necessity, has no substitute, or when consumers are unaware of alternative products.
To learn more about inelastic demand curve, visit here
https://brainly.com/question/28863038
#SPJ4
the key outputs of the shortterm financial planning process are the
The key outputs of the short-term financial planning process are the creation of a budget, cash flow projections, and analysis of financial ratios.
These outputs are essential in managing day-to-day operations and ensuring that the organization is meeting its financial objectives. By having a clear understanding of the current financial situation, organizations can make informed decisions and take necessary actions to improve their financial performance. Additionally, short-term financial planning enables organizations to anticipate and address potential cash flow issues, allowing them to avoid financial difficulties in the future.
The key outputs of the short-term financial planning process are the cash flow forecast, working capital management, and the short-term budget. These outputs help businesses maintain liquidity, optimize resource allocation, and meet their financial obligations in a timely manner.
To know about click Budget here .
brainly.com/question/15683430
#SPJ11
Required information 3 Part 3 of 3 MSI's information related to the ToddleTown Tours collection follows: Segmented Income Statement for MSI'S ToddleTown Tours Product Lines Post Pet Store Grocery office Parade Getaway Tolka Total Sales revenue $135,000 $130,000 $36,000 $301,000 Variable costs 57,000 53,000 32,000 142,000 Contribution margin $70,000 $ 77,000 $4,000 $159,000 Less Direct Fixed costs 8,200 8,200 3,400 19,800 Segment margin $ 68,800 600 $139,200 Lesst Common fixed costs 6,750 6,500 15,050 Het operating income (los) $6,050 62,300 TL,200) 0120,150 "Allocated based on total sales revenue, MSI has determined that elimination of the Post Office Polka (POP) program would not impact sales of the other two items. The remaining fixed overhead currently allocated to the POP product would be redistributed to the remaining two products Required: 1. Calculate the incremental effect on profit If the POP product is eliminated. 2. Should MSI drop the POP product? 3-a. Calculate the incremental effect on profit if the POP product is eliminated. Suppose that $1,200 of the common fixed costs could be avoided if the POP product line were eliminated. 3-b. Should MSI drop the POP product?
The incremental effect on profit If the POP product is eliminated is calculated as -$ 600.
The contribution margin is determined by dividing variable costs by revenue. The formula for determining the contribution margin ratio is Revenue / (Revenue - Variable Costs).
1. By comparing the avoidable fixed cost of eliminating the POP product to the lost contribution margin, this incremental effect on profit can be calculated.
incremental effect on profit = Avoidable fixed cost - sales
Contribution margin = variable cost Sales - variable cost
Lost contribution margin = $4000 (given)
Avoidable fixed cost = direct fixed cost that can be traced to segment = $3400
Lost contribution margin -$4000
Less: Avoidable fixed cost $3400
incremental effect on profit -$600
2. No, because MSI would lose $600 in overall profit if it discontinued the POP product.
3. Determine the incremental profit impact of eliminating the POP product. If the POP product line were discontinued, the common fixed costs of $1,200 would be avoided. Impact on Earnings
Avoidable fixed cost = direct fixed cost that can be traced to segment of $3400 plus $1,200 of the common fixed costs that could be avoided = $4600 (given)
Lost contribution margin -$4000
Less: Avoidable fixed cost $4600
incremental effect on profit $600
3.(b) Yes, because MSI's overall profit would rise by $600 if it discontinued the POP product.
After subtracting variable costs like transportation costs and raw materials, a company's contribution margin shows how much revenue is left over. The product must generate more revenue than the company's fixed costs, such as salaries and insurance, in order to be profitable.
Because your contribution margin is what enables you to cover your fixed costs and generate a profit, understanding this concept is crucial. You will also be able to better decide where and how to sell your products if you know your contribution margins.
Learn more about contribution margin:
brainly.com/question/28147005
#SPJ4
Write a 1 page paper that summarizes how the developers have integrated the three computing environments to produce the products included in the current racket environment.
In the current Racket environment, developers have successfully integrated three computing environments, namely desktop, web, and mobile, to produce versatile and efficient software products. By leveraging each environment's strengths, they have created a seamless and coherent ecosystem for users.
Desktop computing has traditionally offered robust processing power and a rich interface, enabling developers to create feature-rich applications for the Racket environment. They have capitalized on this power to develop complex algorithms and deliver a smooth user experience in various programming tasks.
Web computing has revolutionized the way software is accessed and distributed. Developers in the Racket environment have embraced this shift, providing web-based platforms for users to collaborate, share code, and access resources on-demand. This integration allows for greater accessibility, flexibility, and scalability in the Racket ecosystem.
Mobile computing has brought unprecedented portability and ease of use to the mix. By incorporating mobile devices into the Racket environment, developers have extended its reach and made it possible for users to perform tasks on-the-go. This integration facilitates real-time collaboration, remote access to resources, and a more inclusive user base.
In summary, the integration of desktop, web, and mobile computing environments in the Racket ecosystem has produced comprehensive and user-friendly software products. Developers have expertly harnessed the power and capabilities of each environment to create a well-rounded and adaptable platform for programming, collaboration, and learning. This seamless integration promotes a more engaging and accessible user experience, reflecting the evolving needs of today's computing landscape.
To learn more about Racket environment refer here:
https://brainly.com/question/31308638
#SPJ11
describe a pricing decision a company can make. if the decision is not optima, how would they adjust the price?
Pricing decisions are crucial for any company as they directly impact their revenue and profitability. One pricing decision a company can make is to increase or decrease the price of their product or service. However, if the pricing decision is not optimal and does not yield the desired results, the company may have to adjust the price accordingly.
If the pricing decision results in low sales or reduced profit margins, the company may consider lowering the price to make the product more attractive to customers. Alternatively, if the pricing decision results in high demand but also leads to stock shortages, the company may consider raising the price to optimize profits and manage inventory levels.
In either case, the company would have to conduct market research and analyze customer behavior to determine the optimal price point. The company would also need to consider its competition and the price points they offer.
Overall, a pricing decision requires careful consideration and analysis to ensure it aligns with the company's goals and objectives. If the initial pricing decision is not optimal, adjusting the price based on market conditions and customer behavior can help the company achieve the desired results.
To learn more about price: https://brainly.com/question/26075805
#SPJ11
Bramble Corp. has sales of $1800000, variable costs of $850000, and fixed costs of $900000. Bramble’s degree of operating leverage is O 1.06. O 1.16. O 1.12. O 19.00.
Bramble's degree of operating leverage is 19.00.
Hi! To calculate Bramble Corp.'s degree of operating leverage, we will first find the contribution margin, which is sales minus variable costs. Next, we will find the operating income, which is the contribution margin minus fixed costs. Finally, we will divide the contribution margin by the operating income to determine the degree of operating leverage.
1. Contribution Margin = Sales - Variable Costs = $1,800,000 - $850,000 = $950,000
2. Operating Income = Contribution Margin - Fixed Costs = $950,000 - $900,000 = $50,000
3. Degree of Operating Leverage = Contribution Margin / Operating Income = $950,000 / $50,000 = 19.00
Therefore, Bramble's degree of operating leverage is 19.00.
Learn more about operating leverage here
https://brainly.com/question/29690696
#SPJ11
Required information [The following information applies to the questions displayed below) The following selected financial data ($ in thousands) was reported by Salsa's Restaurant and Los Aztecos. Both restaurants hope to provide their customers with the best tasting burritos in their region Salsa's focuses on high quality ingredients and Los Aztecos focuses on low cost. Net sales Net Income Total assets, beginning Total assets, ending Salsa's $108,449 26,122 75,383 116,771 Los Aztecos $62,271 3,692 38,799 44,933 Required: 1. Calculate Salsa's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Return on Assets Return on assets 0 1. Calculate Salsa's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (le, 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Return on Assets Return on assets 0 Choose Numerator Profit Margin Choose Denominator Profit Margin Proft Margin Asset Turnover Choose Denominator Choose Numerator Asset Turnover Asset Turnover O times
The calculations for Salsa's return on assets, profit margin, and asset turnover ratio are provided, along with the relevant terms used in the calculations, including "Salsa's Restaurant", "Los Aztecos", and "Denominator".
How to determine Salsa's return on assets, profit margin, and asset turnover ratio?
Salsa's return on assets can be calculated as follows:
Numerator = Net Income = $26,122
Denominator = Total Assets, beginning + Total Assets, ending / 2 = ($75,383 + $116,771) / 2 = $96,077
Return on assets = Net Income / ((Total Assets, beginning + Total Assets, ending) / 2)
Return on assets = $26,122 / $96,077 = 0.272 or $272 per $1,000
Salsa's profit margin can be calculated as follows:
Numerator = Net Income = $26,122
Denominator = Net Sales = $108,449
Profit margin = Net Income / Net Sales
Profit margin = $26,122 / $108,449 = 0.241 or 24.1%
Salsa's asset turnover ratio can be calculated as follows:
Numerator = Net Sales = $108,449
Denominator = Total Assets, beginning + Total Assets, ending / 2 = ($75,383 + $116,771) / 2 = $96,077
Asset turnover ratio = Net Sales / ((Total Assets, beginning + Total Assets, ending) / 2)
Asset turnover ratio = $108,449 / $96,077 = 1.129 or 1.129 times
The terms "Salsa's Restaurant", "Los Aztecos", and "Denominator" have been included in the answer.
Learn more about Assets
brainly.com/question/13848560
#SPJ11
Community relations and external consulting are self-described activities of a manager’s responsibilitiesTrue or False
True. Community relations and external consulting can be considered as activities of a manager's responsibilities.
Community relations may involve managing the relationship with local communities where a company operates, such as addressing concerns or issues raised by community members.
External consulting may involve seeking advice or expertise from external consultants to improve the operations or strategy of a company. Both of these activities can fall within the purview of a manager's responsibilities, depending on the organization and its specific needs.
To learn more about Community relations here:
https://brainly.com/question/14481457
#SPJ11
True. Community relations and external consulting can be considered as activities of a manager's responsibilities.
Community relations may involve managing the relationship with local communities where a company operates, such as addressing concerns or issues raised by community members.
External consulting may involve seeking advice or expertise from external consultants to improve the operations or strategy of a company. Both of these activities can fall within the purview of a manager's responsibilities, depending on the organization and its specific needs.
To learn more about Community relations here:
https://brainly.com/question/14481457
#SPJ11
Provide an appropriate response. Describe the advantages and disadvantages of cluster sampling. Select one: a. Cluster sampling is easy because all you need to do is to sample every cluster. The disadvantage is it may be hard to Find the sample members within each cluster. b. Cluster sampling can save time when members of the population are widely scattered geographically. The disadvantage is that members of a cluster may be more homogeneous than the members of the population as a whole and may not mirror the entire population. c. Cluster sampling is very accurate because it involves sampling everyone in the population. The disadvantage is that in large populations it can be very expensive to contact all members of the population. d. Cluster sampling involves picking sample members, for example, from each income cluster which is convenient. The disadvantage is in using proportional allocation to sample each cluster since one needs to know the proportion of population members within each cluster. e. Cluster sampling is almost never used in statistics because it is so hard to do successfully. The advantage is that if we could do cluster sampling it would give us very accurate information about the population.
Cluster sampling can save time when members of the population are widely scattered geographically. (B)
The disadvantage is that members of a cluster may be more homogeneous than the members of the population as a whole and may not mirror the entire population.
Cluster sampling involves dividing the population into clusters and then selecting a sample of these clusters for study. This method can be advantageous when dealing with large populations spread across wide geographic areas, as it can save time and resources by focusing on specific groups rather than trying to access the entire population.
However, the major disadvantage of cluster sampling is that the members within a chosen cluster may share similar characteristics, making them more homogeneous than the overall population.
This can result in a less accurate representation of the entire population in the study, potentially leading to biased conclusions. It is important to consider this limitation when choosing cluster sampling as the sampling method for a study.(B)
To know more about Cluster sampling click on below link:
https://brainly.com/question/30180321#
#SPJ11
Organize this list of disjoined activities from the Financial Management Cycle. Your job is to organize this list of events so your team will know what needs to be done and by when. As you organize these events think about them in the context of a 12-month cycle.
The CFO coordinates with the manager to close accounting records and financial reporting for the fiscal year
Managers user their department/project objectives to draft their individual budgets for the upcoming fiscal year
Managers assess results of their activities as compared to budget on a regular (typically monthly) basis
The CFO completes and files annual tax returns
Executive Management assess the marketplace and prior year results to develop company-wide strategic objectives for the upcoming fiscal year
The CFO completes the annual financial statement audit, and the report is distributed to the appropriate groups of internal and external stakeholders
CFO creates the company-wide annual budget for the upcoming fiscal year
Managers submit their annual budgets and objectives to the CFO for approval
CEO and CFO presents the consolidated budget to the Board for approval. The board approves or rejects the budget. If rejected, managers revise objectives and budgets according to the Board’s directive
Managers develop individual department/project objectives for upcoming fiscal year based on the strategic objectives
The CFO prepares company-wide annual financial statements
Managers oversee/implement activities (programs, services, and projects) authorized in the budget
To organize the disjoined activities from the Financial Management Cycle within a 12-month cycle, please follow these steps:
1. Executive Management assess the marketplace and prior year results to develop company-wide strategic objectives for the upcoming fiscal year.
2. Managers develop individual department/project objectives for the upcoming fiscal year based on the strategic objectives.
3. Managers use their department/project objectives to draft their individual budgets for the upcoming fiscal year.
4. Managers submit their annual budgets and objectives to the CFO for approval.
5. CEO and CFO present the consolidated budget to the Board for approval. The board approves or rejects the budget. If rejected, managers revise objectives and budgets according to the Board's directive.
6. CFO creates the company-wide annual budget for the upcoming fiscal year.
7. Managers oversee/implement activities (programs, services, and projects) authorized in the budget.
8. Managers assess results of their activities as compared to the budget on a regular (typically monthly) basis.
9. The CFO coordinates with the manager to close accounting records and financial reporting for the fiscal year.
10. The CFO prepares company-wide annual financial statements.
11. The CFO completes the annual financial statement audit, and the report is distributed to the appropriate groups of internal and external stakeholders.
12. The CFO completes and files annual tax returns.
To know more about Financial Management Cycle refer here:
https://brainly.com/question/15833121#
#SPJ11
If lenders think that a particular borrower might default, they will demand: 18) _____ A) a lower interest rate to decrease the amount of risk incurred. B) a higher interest rate to make it worth taking that risk. C) a higher interest rate to decrease the amount of risk incurred. D) a lower interest rate to make it worth taking that risk.
If lenders think that a particular borrower might default, they will demand: B) a higher interest rate to make it worth taking that risk.
B) a higher interest rate to make it worth taking that risk. When lenders perceive that a particular borrower is at a higher risk of defaulting on their loan, they will typically demand a higher interest rate to compensate for that increased risk. This higher interest rate serves to mitigate the risk incurred by the lender and make the loan more attractive despite the potential for default. Conversely, if a borrower is seen as lower risk, the lender may offer a lower interest rate as a way of competing for that borrower's business.
Learn more about interest rate here
https://brainly.com/question/13324776
#SPJ11
A seasonal worker saves more when her income rises and saves less when her income falls. This behavior is referred to as a. consumption smoothing b. time preference c. dissaving d. impatience
When her income increases, a seasonal worker saves more; when it decreases, she saves less. Consumption smoothing is the term used to describe this behaviour.
Who are seasonal worker?Employees that are hired for a limited time, typically during busy seasons like the summer or the holidays, are referred to as seasonal workers. They might work there for a few hours, a day, a week, a month, or even the entire season. Typically, businesses engage seasonal workers to deal with extra workloads or to cover for permanent staff who are on leave or on vacation.
They typically perform the same duties as normal employees, although they typically earn less money and have fewer benefits. Many seasonal workers are retirees or students looking for extra money or looking to advance in their careers. Seasonal employment is another excellent approach for people to acquire useful skills.
To know more about income, visit:
https://brainly.com/question/28390284
#SPJ1
According to Brandon's recommendation, assuming that the market is in equilibrium, how much will the portfolio's required return change? 1.31 percentage points 1.02 percentage points 1.51 percentage points 1.62 percentage points
According to Brandon's recommendation, assuming that the market is in equilibrium, the portfolio's required return will change by 1.31 percentage points.
This means that the return that the portfolio needs to earn in order to meet the investor's financial goals will increase by 1.31 percentage points. This change in required return can occur due to various reasons such as changes in market conditions, the performance of the portfolio, or changes in the investor's financial goals.
The concept of market equilibrium refers to a situation where the supply of securities is equal to the demand for securities. In such a scenario, the market price of securities is determined by the interaction of buyers and sellers. When the market is in equilibrium, there is no shortage or surplus of securities, and the price is considered fair.
Brandon's recommendation, in this case, would have taken into consideration the current market conditions and the investor's financial goals. Based on his analysis, he would have recommended a specific required return for the portfolio.
If the market remains in equilibrium, the change in the portfolio's required return can be attributed to changes in the investor's financial goals.
In conclusion, the portfolio's required return will change by 1.31 percentage points according to Brandon's recommendation, assuming that the market remains in equilibrium. This change in required return will affect the portfolio's performance and the investor's ability to meet their financial goals.
Therefore, it is important to regularly review the portfolio's performance and adjust the required return as necessary.
To know more about equilibrium refer here
brainly.com/question/29901689#
#SPJ11
What best describes the conversation stage of the marketing funnel
Answer:
Conversion
This stage is when a user finally makes the choice to buy. Your goal is to get as many people as possible from the first two stages of your marketing funnel to this purchase point. It is the final push to get your prospective customer to convert and drop the 'prospective' from their title.
Hope it helped! :)
A security has a cost of $1,000 and will return $2,000 after 5 years. What rate of return does the security provide? Suppose California's population is 30 million people, and its population is expected to grow by 2% per year. How long would it take for the population to double? Find the PV of an annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 15%. Then find the FV of that same annuity. How would the PV and FV of the annuity change if it was an annuity due rather than an ordinary annuity?
An Annuity's PV and FV A series of equal regular payments or receipts is known as an annuity.An annuity that pays out at the end of each term is referred to as an ordinary annuity.
Two concepts that are frequently used in finance are the present value (PV) and future value (FV) of an ordinary annuity.
PV = P* [(1- (1 + r)-n) /r] is the equation for calculating the present value of an ordinary annuity. where P is a payment, r is an interest rate, and n is the number of payments.In this instance, the payment is $1,000, the interest rate is 15%, and the number of installments is 5 years. Therefore, using the formula, we obtain:
PV = $1,000 *
[(1 - (1+ 0.15)-5)/0.15]
= $3,352.16The formula for future value of an ordinary annuity is:
FV = P * [(1 + r^n -1] /r
FV = $1,000 [(1 + 0.155 - 1)/ 015]
= $6,742.38 where P = payment and r = interest Rate Therefore, the present value of the annuity is $3,352.16, and the future value of the annuity, applying the formula, we arrive at the following result:
FV = $1,000 [(1 + 0.15)5 - 1]/ 0.1
= $6,742.38.As a result, the annuity's present value $3,352.16 and its future value is $6,742.38.
To know more about Annuity visit:
https://brainly.com/question/31035878
#SPJ4
The mass update for an award must be saved prior to adding an attachment. (True or False)
True. The mass update for an award must be saved before adding an attachment.
This is because the system needs to create a unique identifier for the award before the attachment can be added. If the attachment is added before the update is saved, the system will not recognize the award and the attachment will not be saved. It is important to always save any updates before adding attachments to ensure that all information is properly recorded in the system.
Additionally, it is a good practice to double-check that the update has been saved before proceeding with any further actions in the system.
To learn more about updates click here
brainly.com/question/31413702
#SPJ11
the firm's functions performed by contractors are said to be: group of answer choices insourced. sunk costs. variable costs. outsourced.None of these answers is correct.
The functions performed by contractors are said to be outsourced. Answer is d.
When a company hires contractors or vendors to perform certain functions, rather than using its own employees, it is said to be outsourcing those functions. This allows the company to access specialized skills and expertise without the need to hire and train new employees. The contractors are external to the company, so the work they perform is not considered to be insourced. The cost of using contractors may be variable depending on the level of activity or output, but it is generally considered to be a form of fixed or sunk cost.
Option d is answer.
You can learn more about contractors at
https://brainly.com/question/30501429
#SPJ11
The functions performed by contractors are said to be outsourced. Answer is d.
When a company hires contractors or vendors to perform certain functions, rather than using its own employees, it is said to be outsourcing those functions. This allows the company to access specialized skills and expertise without the need to hire and train new employees. The contractors are external to the company, so the work they perform is not considered to be insourced. The cost of using contractors may be variable depending on the level of activity or output, but it is generally considered to be a form of fixed or sunk cost.
Option d is answer.
You can learn more about contractors at
https://brainly.com/question/30501429
#SPJ11
In the procure-to-pay process, the negotiation of price and terms is followed by ________.
In the procure-to-pay process, the negotiation of price and terms is followed by the creation of a purchase order.
A purchase order is a formal document sent by the buyer to the supplier that confirms the items to be purchased, the quantity, the agreed-upon price, and the delivery date. The PO serves as a legally binding contract between the buyer and the supplier, outlining the terms and conditions of the purchase.
Once the supplier receives the PO, they will typically acknowledge receipt and confirm the order details. This confirmation can be done either by sending a formal acknowledgment or simply by beginning work on the order.
After the goods or services are received, the supplier will send an invoice to the buyer, requesting payment for the goods or services rendered. The invoice should match the details outlined in the PO, and any discrepancies should be addressed and resolved before payment is made.
Once the invoice is verified, approved, and processed, payment can be made to the supplier, and the transaction is complete. Receiving and inspection of goods or services, and ultimately, payment to the supplier.
To know more about purchase order:
https://brainly.com/question/31516058
#SPJ11
The federal government, through its control over the American Medical Association, held the physician supply constant for most of the 20th century. True or false?
True. The federal government did indeed hold the physician supply constant for most of the 20th century by controlling the American Medical Association (AMA). So the answer is: True.
The AMA was the primary organization responsible for accrediting medical schools and setting standards for medical education in the United States. This gave the federal government considerable control over the number of physicians entering the workforce.
From the early 1900s until the mid-1960s, the AMA enforced strict limits on the number of medical students admitted to U.S. medical schools. These limits were put in place to maintain high standards of medical education and to prevent a glut of doctors in the market. This was known as the "physician shortage" policy, and it kept physician supply artificially low.
However, in the mid-1960s, the federal government began to relax its control over the AMA, and the physician shortage policy was abandoned. This led to a dramatic increase in the number of doctors in the U.S. workforce, which helped to improve access to healthcare for many Americans. Therefore, the answer is true.
For more questions on: physician
https://brainly.com/question/30271415
#SPJ11
True. The federal government did indeed hold the physician supply constant for most of the 20th century by controlling the American Medical Association (AMA). So the answer is: True.
The AMA was the primary organization responsible for accrediting medical schools and setting standards for medical education in the United States. This gave the federal government considerable control over the number of physicians entering the workforce.
From the early 1900s until the mid-1960s, the AMA enforced strict limits on the number of medical students admitted to U.S. medical schools. These limits were put in place to maintain high standards of medical education and to prevent a glut of doctors in the market. This was known as the "physician shortage" policy, and it kept physician supply artificially low.
However, in the mid-1960s, the federal government began to relax its control over the AMA, and the physician shortage policy was abandoned. This led to a dramatic increase in the number of doctors in the U.S. workforce, which helped to improve access to healthcare for many Americans. Therefore, the answer is true.
For more questions on: physician
https://brainly.com/question/30271415
#SPJ11
Are the following statements true or false? Give brief but precise explanations for your answers.
Diversification means that the equally weighted portfolio is always optimal.
False.Diversification means that the equally weighted portfolio is always optimal.
Diversification can help to reduce risk by spreading investments across multiple assets or asset classes, but it does not necessarily mean that the equally weighted portfolio is always optimal. The optimal portfolio depends on individual investor preferences, risk tolerance, and market conditions. Additionally, different diversification strategies can be employed, such as market-cap weighting or sector-specific weighting, which can result in different optimal portfolios. Therefore, it is important to consider multiple factors when determining the optimal portfolio, including diversification, to achieve a desired level of risk and return.
Learn more about portfolio here:
https://brainly.com/question/29333981
#SPJ11
The ________ refers to the way the various components of a company fit together.
organizational context
organizational structure
supply chain
regulatory network
personal communication network
The organizational structure refers to the way the various components of a company fit together.
What is components?Components are reusable blocks of code that allow developers to easily create complex applications. Components are self-contained, meaning that they are independent of other pieces of code. They are also easy to use, maintain, and update. Components allow developers to create applications quickly and easily, without needing to rewrite code. Components are often used to create user interfaces, such as buttons, menus, and forms, and can also be used to create complex business logic. Components are also modular, meaning that they can be used to create applications that are scalable and extensible. Components allow developers to create applications that are both efficient and cost effective.
To learn more about components
https://brainly.com/question/31114449
#SPJ1
All of the following are true about Lean Six Sigma, except A. Both lean and Six Sigma production se bave root cas, process, and data analysis techniques B. Both lean and six Sigma production attack the same type of probione C. Lean tools are more intuitive and easier to apply by anybody in the workplace D. Lean Six Sigma often is an important part of implementing a strategy bullt upon sustainability
Muda, which means "uselessness," is the Japanese term for waste. Reduced Muda and improved quality control are goals of lean tools. To put it another way, Lean tools aim to cut out ineffective processes.
Between Lean and Six Sigma, which of the following is shared?In order to reduce waste and maximise system efficiency, both Lean and Six Sigma work towards the same end result.
What statement about Six Sigma is accurate?Six sigma does, in fact, reveal the frequency with which process flaws are expected to manifest themselves. For continual improvement, the six sigma method is applied. To minimise flaws, it is utilised to ascertain their frequency of occurrence and count.
To know more about Six Sigma visit:-
https://brainly.com/question/29750233
#SPJ1
Which function will determine the value of a present savings deposit in twelve years?
A. FV = A(A/P,i,10)
B. FV = F(A/F,i,120)
C. FV = P(F/P,i/12,144)
D. PV = P(P/F,i/12,10)
E. None of the above
FV = P(F/P,i/12,144) . This function will determine the value of a present savings deposit in twelve years by using the future value formula with compounding interest.
This function will determine the value of a present savings deposit in twelve years by using the future value formula with compounding interest. P represents the initial deposit amount, i/12 is the interest rate per period, and 144 represents the number of compounding periods (12 years * 12 months). One of the financial functions, determines the value of an investment in the future using a fixed interest rate. FV can be used with either a series of regular, recurring payments or a single, one-time payment.
Learn more about compounding interest here
https://brainly.com/question/14295570
#SPJ11
In its 2019 annual report, Marin, Inc. reported inventory of $642 million on January 31, 2020, and $558 million on January 31, 2019, cost of goods sold of $5,914 million for the year, and net sales of $7,328 million for the year.
ComputeMarins’s inventory turnover for the fiscal year 2019. (Round answer to 2 decimal places, e.g. 7.62.)
Inventory turnover
Compute Marin’s average days to sell inventory for the fiscal year 2019. (Round answer to 2 decimal place, e.g. 7.65. Use 365 days for calculation.)
Average days to sell Inv.
To calculate Marin's inventory turnover for the fiscal year 2019, use the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
First, calculate the average inventory:
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
Average Inventory = ($558 million + $642 million) / 2
Average Inventory = $600 million
Now, calculate the inventory turnover:
Inventory Turnover = $5,914 million / $600 million
Inventory Turnover = 9.86 (rounded to 2 decimal places)
To calculate Marin's average days to sell inventory for the fiscal year 2019, use the formula:
Average Days to Sell Inventory = 365 / Inventory Turnover
Average Days to Sell Inventory = 365 / 9.86
Average Days to Sell Inventory = 37.02 (rounded to 2 decimal places)
So, Marin's inventory turnover for the fiscal year 2019 is 9.86, and its average days to sell inventory is 37.02 days.
learn more about inventory turnover here:
https://brainly.com/question/30331199
#SPJ11
To calculate Marin's inventory turnover for the fiscal year 2019, use the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
First, calculate the average inventory:
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
Average Inventory = ($558 million + $642 million) / 2
Average Inventory = $600 million
Now, calculate the inventory turnover:
Inventory Turnover = $5,914 million / $600 million
Inventory Turnover = 9.86 (rounded to 2 decimal places)
To calculate Marin's average days to sell inventory for the fiscal year 2019, use the formula:
Average Days to Sell Inventory = 365 / Inventory Turnover
Average Days to Sell Inventory = 365 / 9.86
Average Days to Sell Inventory = 37.02 (rounded to 2 decimal places)
So, Marin's inventory turnover for the fiscal year 2019 is 9.86, and its average days to sell inventory is 37.02 days.
learn more about inventory turnover here:
https://brainly.com/question/30331199
#SPJ11
which of the following factors is likely to have a negative impact on the success of a tqm program? check all that apply. tqm is used to improve the problem-solving skills of all employees. tqm motivates employees and enriches jobs. managers expect to see dramatic innovations as a result of tqm. middle managers fear that they will lose their authority.
The factor that is likely to have a negative impact on the success of a TQM program is middle managers fearing that they will lose their authority.
When middle managers fear that they will lose their authority, they may resist or even sabotage the TQM program. This can result in a lack of commitment from the middle management level, which can ultimately impede the success of the TQM program. While TQM is used to improve problem-solving skills, motivate employees, and enrich jobs, if middle managers are not fully on board with the program, it can hinder the implementation and overall success. Additionally, if managers expect to see dramatic innovations as a result of TQM, it may create unrealistic expectations that could also negatively impact the program's success.
To know more about TQM visit :
https://brainly.com/question/29946885
#SPJ11
Some companies issue secured debt backed by all of the firm’s steady cash flows like franchise fees. This is called:Group of answer choicesFranchise repurchase agreementsNo one does thisUnsecured debtWhole-business securitization
When companies issue secured debt backed by all of the firm's steady cash flows, such as franchise fees, it is called Whole-business securitization. Option D is correct.
Whole-business securitization is a type of debt financing in which a company uses all of its cash flows, including franchise fees and other steady streams of income, as collateral to secure a loan. This type of securitization allows companies to access funding at a lower cost than traditional unsecured debt, since the lender has a greater level of security in the form of the company's entire revenue stream.
In the event of a default, the lender has the right to take possession of the business's assets and income streams. Whole-business securitization is typically used by companies in industries such as fast food, hospitality, and retail, which generate consistent cash flows over time.
Option D holds true.
Learn more about secured debt: https://brainly.com/question/30657168
#SPJ11
if future cash flows are to be expressed in actual $ (a$), the interest rate that should be used in determining the present worth is the market interest rate. question 7 options: true false
If future cash flows are to be expressed in actual dollars, then the interest rate that should be used in determining the present worth is the nominal interest rate, which includes the effects of inflation. The statement is False.
The market interest rate only takes into account the time value of money but does not account for changes in purchasing power due to inflation. Therefore, the nominal interest rate is a more appropriate discount rate to use when determining the present worth of future cash flows in actual dollars.
The discount rate used to determine the present value of future cash flows will depend on a number of factors, including the riskiness of the investment, the opportunity cost of investing in alternative investments, and the prevailing market interest rates. In general, the higher the risk of an investment, the higher the discount rate that should be used.
To learn more about future cash flows, visit here
https://brainly.com/question/14123454
#SPJ4