Which person would benefit most from taking advantage of a low variable
interest rate?
A. Emilio needs a loan to support his business and needs his
payments to be as predictable as possible.
B. Ellie has just found her dream home and wants to get a mortgage
that will allow her to live there forever.
C. Evan needs to borrow money to pay for car repairs, but he will be
able to pay off the loan within two to three months.
D. Erica needs to borrow money to attend college, but she doesn't
have a good credit history.
Answers
Based on the information, the individual that'll benefit from the interest rate will be C. Evan needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
A variable interest rate simply means an interest rate that fluctuates. It's different from a fixed interest rate. It should be noted that variable interest rates have low interest rates and are typically used for short-term financing.
Therefore, the person that would benefit most from taking advantage of a low variable interest rate will be Evan who needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
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Answer:
c
Explanation:
Related Questions
A vegetable vendor sells carrots he sold 50% of the carrots he had in the morning of the remaining 75% was sold in everything and he still was left with 16.25 kg with him at the of the day what was the quality of carrots after a day
Answers
Answer:
65 kilograms of carrots
Is Cab Service in the UK is Excellent Choice for Transport?
Answers
Cab services are the best option for transportation in the UK.
Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:
It is cheaper than taxis.It is more comfortable and less disturbing.They have several options for the number of people traveling.They can be booked easily and quicklyOffers a much faster transportation service than buses or black taxisIt is available 24 hours a day, 7 days a week.Based on the above, it can be inferred that Cabs are the best transport service in the UK.
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savings account in which a person receives a computerized print out of transactions
savings bond
defined benefit plan
interest
defined contribution plan
passbook account
dividend
certificate of deposit (CD)
statement account
Answers
Answer:
statement account
Explanation:
None of the other options stated with the question make sense.
The closest answer would be a "passbook account" but this uses a physical book.
Abardeen Corporation borrowed $113,000 from the bank on October 1, Year 1. The note had an 10 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did Abardeen pay for interest in Year 1
Answers
a. The cash that Abardeen pay for interest in Year 1 is $0.
b. Interest expense that was recognized is $2,825.
c The Total liabilities was reported is $115,825.
d. The amount of cash was paid to the bank is $118,650.
e. The amount of interest expense was reported is $2,825.
a. The amount of cash that Abardeen pay for interest in Year 1 is $0 reason being that the interest matured on March 31, 2017.
b. Interest expense:
Interest expense=($113,000 x 10% x 3 months /12)
Interest expense=$2,825
c. Total liabilities
Total liabilities= $113,000 + $2,825
Total liabilities = $115,825
d. Cash that was paid to the bank on March 31, 2017:
Cash= $113,000 Principal + ($113,000 × 10% × 6/12)] Interest
Cash= $113,000 Principal +$5,650 interest
Cash= $118,650
e. Interest expense reported on the 2017 income statement:
Interest expense=$113,000 × 10% ×3/12
Interest expense=$2,825
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Suppose you have $12,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for future use. If the required reserve ratio is 10%, then what will be the maximum impact on money supply today as a result of your action
Answers
The maximum impact on money supply today as a result of your action is: Money supply will decrease by $4,500.
Required reserve= 10% × $12,000
Required reserve= $1,200
Loan= Total deposit - Required reserves
Loan= $12,000 - $1,200
Loan= $10,800
Money supply =1/.10×$10,800
Money supply=$108,000
Money supply before withdrawal is $108,000.
After withdrawal of $500:
Deposit= $12,000 - $500
Deposit= $11,500
Required reserve= 10% × $11,500
Required reserve=$1,150
Loan= Total deposit - Required reserves
Loan=$11,500 - $1,150
Loan= $10,350
Money supply=1/.10×$10,350
Money supply=$103,500
Decrease in money supply:
Decrease in money supply= $108,000 - $103,500
Decrease in money supply= $4,500
Inconclusion the maximum impact on money supply today as a result of your action is: Money supply will decrease by $4,500.
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What type of person-fit in the workplace is related to the fit between the wants and needs of an individual and the characteristics of their job
Answers
A Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
A person-job fit refers to the compatibility between an individual and the job that they perform based on the employee needs.
In other word, the Person–job fit refers to the the degree of alignment between the individual (employees) and the job/task he is performing.Hence, the Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
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Timothy invests $2400 at time 0. He receives $700 at the end of each year for the first 3 years. He also pays $1033 at time 4 and receives $860 at times 7 and 8. Compute the yield rate of his investment.
Answers
The yield rate of Timothy's investment as decribed is; 14.52% per annum
According to the question;
Timothy invests $2400 at time 0.The return on the investment after the first 3 years provided he receives $700 at the end of each year for the first 3 years.
After first 3 years; Return = 3 × $700 = $2100.At year 4: He pays $1033 = -$1033At year 7 and 8; He receives $860 each = $860 × 2 = $1,720Therefore; the net yield on the investment after 8 years is;
$2100 - $1033 + $1,720 = $2,787
The net yield per year can then be evaluated as follows;
$2,787/8 = $348.375.The yield rate of his investment is therefore the percentage yield per annum which is evaluated as follows;
= ($348.375/$2,400) × 100%= 14.52% per annum.Read more;
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A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The terminal value tends to dominate the total value in many cases. C. The free cash flow method is not rigorous. D. The projection of free cash flows depends on earnings estimates.
Answers
The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.
In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.
So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.Hence, the Option B is correct.
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When corn prices soared, hog farmers used less corn to feed their pigs. The hog farmers showed a decrease in their:
Answers
A company purchased $4,600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth of merchandise and then paid the invoice within the 1% cash discount period. The total cost of this merchandise is:
Answers
Answer:
The total cost of the merchanise is $5900
Identify the type of writing/Essay.
11. There was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;
12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;
13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.
Answers
Answer:
11 informative
12 comparison
13 cause and effect
11th the essay is about Informative.
12th the essay is about comparison.
13th the essay is about cause and effect.
What do you mean by informative?Informative means providing useful knowledge or ideas.
It helps to organize ideas, concepts, and information using strategies such as definition, classification etc.
What is comparison?Comparison is the act of finding out the differences and similarities between two or more people or things.
Or a comparison is an examination of two or more items to establish similarities and dissimilarities.
What is cause and effect?A cause is something that produces an event or condition.
An effect is what results from an event or condition.
The purpose of the cause-and-effect essay is to determine how various phenomena relate in terms of origins and results.
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A transaction that takes place between two parties who hold
pre-existing connection prior to the transaction
Answers
Give this a heart if that helps
N/AN/AN/Av vvN/AN/AN/A N/AN/AN/Av N/AN/A
Answers
N/AN/AN/Av vvN/AN/AN/A N/AN/AN/Av N/AN/A
1. If the Economist offers print and web access separately in the market, what are the optimal prices for home
Answers
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called a(n) _____.
a.
job shadow
b.
temp job
c.
internship
d.
cooperative program
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
its called an internship so c
Answer:
The answer is C. internship
Explanation:
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called an internship.
Increased flexibility in scheduling has become an important benefit for employers to offer because of:
Answers
Increased flexibility in scheduling serves as important benefit for employers to offer because of:
1)the increase in single parent homes
2)the increase in two-income families
Scheduling serves as a process of arranging as well as controlling and optimizing work when carrying out a production process.It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.Learn more at:
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Ethan, a manager, says, “Email is a very efficient way of communicating, especially across time zones and to large numbers of people. Are there situations in which I shouldn’t use email?” You advise Ethan that he should not send an email in which of the following situations? Check all that apply.
✔ - To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker
- To all employees to announce upcoming development workshops
✔ - To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline
- To suppliers in China to report weekly defects within acceptable limits
Answers
Answer:
Explanation:
To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline
To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker
Answer:
✔ To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker
✘ To all employees to announce upcoming development workshops
✔ To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline
✘ To suppliers in China to report weekly defects within acceptable limits
Explanation:
Ethan should not email people when he is angry, so he should not shoot off an email to the other manager who just took the computers Ethan needs. It is also better to use a richer, more personal channel of communication when cancelling a commitment or apologizing for something. Thus, Ethan should call the conference coordinator rather than sending an email. Other times email is not optimal are when the sender is criticizing the receiver or when the receiver is likely to interpret the message as criticism.
A weekly report of defects that are within acceptable limits can be sent by email, as can a routine announcement of development opportunities available to all employees.
Which of the following is the best advice for written communication that is highly important?
a. Use jargon
✔ b. Get a second opinion
c. Use pretentious language
d. Use technology channels to distribute the message
e. Keep it long
Answers
Answer:
"D" is the correct answer!
Explanation:
Written communication is the use of a printed message, such as letters, training manuals, memos, proposals and emails. Emails. memos etc are all technology channels or apps.
Statement that serves as best advice for written communication which very important is B:Get a second opinion.
Written Communication serves as the medium that us been utilized by sending of messages in writing form.This kind of communication could be ;
letters circulars manuals reportsWhen dealing with written communication it is important to seek second opinion for much clarity.Therefore, option B is correct.
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12. What is the tendency of suppliers to offer more of a good at a higher price?
Answers
True or False: If the actual rate of inflation is 10%, the prices of goods and services increase relative to resource prices. In the short run, profit margins will increase and firms will cut back on output, which will cause layoffs, and increase unemployment.
Answers
Answer:
True
Explanation:
discuss in details what is the sources of finance in UAE?
Answers
Answer:
loans, syndicated loans,the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.
Explanation:
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Which statement is false? The balanced scorecard aligns an organization's operational activities with its mission. The balanced scorecard focuses on these four primary areas: financial, customer, internal process, and learning and growth. The balanced scorecard measures, tracks, and reports on a balance of qualitative and financial data and metrics. The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.
Answers
The balanced scorecard ia often known as a management system. The statement that is false is that The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.
A balanced scorecard is set up so as to transform an organization's strategic goals into a number of performance objectives.It is a strategic management performance measurements that helps firms to know and improve their internal operations so as to help their external outcomes.
Conclusively, It also helps in drafting organizational strategy.
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Fastest way of making balance sheet
Answers
Answer:
Reporting Date and Period. ...
Identify Assets. ...
Identify Liabilities. ...
Calculate Shareholders' Equity. ...
Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.
Answer:
Determine the Reporting Date and Period.
Identify Your Assets.
Identify Your Liabilities.
Calculate Shareholders' Equity.
Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.
Explanation:
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is a replacement for the lorenz curve which measures income inequality less accurately than does the
Answers
It should be noted that the replacement for the Lorenz curve that measures income inequality less accurately is the Gini coefficient.
The Gini coefficient simply means the Gini index. It's the single number that's used in demonstrating the degree of inequality that's in a distribution of income or wealth.
It's the distribution of income across a population. It measures income inequality less accurately than the Lorenz curve.
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Is L. Gore a mechanistic or an organic organization? Support your answer with examples from the case?
Answers
Both individual and organizational goals are in sync with an organic organizational structure. L. Gore is an organic organization.
What is the distinction between organic and mechanistic thinking?Both individual and organizational goals are in sync with an organic organizational structure. Each employee in a mechanistic organizational system is assigned to only one task. Employees can be assigned to diverse tasks in an organic organizational structure.
W. L. Gore employs approximately 10,000 people and generates over $3 billion in yearly revenue, although the company has an unusually organic organizational structure, as previously mentioned. Employees have no supervisors, work in teams, and frequently develop jobs for themselves to address functional roles in the organization.
Therefore, the above explanation aptly describes the statement.
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Use your knowledge of management communications to select the three missing labels from the following image.
WORD BANK
Strategic Conversations
Methods
Purpose-Directed
Answers
Answer:
A. Purpose-directed: The communication conducted by the manager must be aligned with the culture and value system of the organization
I'm sure about this one but others I have not idea so far If I get it I'll upload then.
The phrase “communication management” refers broadly to the exchange of information between different businesses or inside one business. It focuses on achieving a company's target audiences through the development and execution of various communication strategies.
What use of knowledge of management communications?Communication is crucial for self-expression. Additionally, it meets one's necessities. Effective communication is necessary for career advancement. Effective communication skills can make your personal life easier and improve your interactions with others by facilitating mutual understanding.
We mostly communicate verbally, nonverbally, in writing, and visually on a daily basis. It's best to actively listen, observe, and empathize when using any of these communication techniques.
Therefore, A Purpose directed, B Strategic Conversations C Methods.
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Listed below are selected transactions completed by Ridge Company during March of the current year.
Mar. 5
10
13
15
Rendered services on account to Quinton Co., Invoice No. 92, $3,250.
Rendered services on account to Martin Inc., Invoice No. 93, $4,500.
Received $5,000 in payment of monthly rent, which was due on March 1.
Received payment from Quinton Co. for invoice of March 5.
Received payment from Martin Inc. for balance due on invoice of March 10.
Received amount due from Thomas Co. on sale made in February, $5,200.
Recorded cash from services rendered for cash during the month, $15,750.
19
20
31
a. Record the transactions (including the invoice number), using the accompanying revenue journal and cash receipts journal.
b. Total and rule the revenue and cash receipts journals.
1. For individual items and totals to be posted to the subsidiary ledger or not to be posted, select "Yes" in the Post. Ref. column or below
the totals.
2. For individual items and totals to be posted to the general ledger, select the letter "G" (as a substitute for specific account numbers)
in the Post. Ref. column or below the totals.
If an amount box does not require an entry, leave it blank.
Page: 10
ACCTS. REC. DR.
EES EARNED CR.
POST
REF.
DATE
ACCOUNT DEBITED
INVOICE NO.
Answers
Answer:19
Explanation:
SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, SSG granted options to key officers on January 1, 2021. The options permit holders to acquire 12 million of the company’s $1 par common shares for $11 within the next six years, but not before January 1, 2024 (the vesting date). The market price of the shares on the date of grant is $13 per share. The fair value of the 12 million options, estimated by an appropriate option pricing model, is $3 per option. Required: 1. Determine the total compensation cost pertaining to the incentive stock option plan. 2. & 3. Prepare the appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023. Record the exercise of the options if all of the options are exercised on May 11, 2025, when the market price is $14 per share.
Answers
1. The total compensation cost pertaining to the incentive stock option plan is $36 million.
2. & 3. The appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023 are:
1. Total compensation expense
Total compensation expense=Total option× Fair value per option
Total compensation expense=$3×12 million
Total compensation expense= $36 million
2. SSG Cycles Journal entry
December 31, 2021
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
December 31, 2022
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
December 31, 2023
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
3. May 11, 2025
Debit Cash $132 million
($11×12 million)
Debit Additional-paid in capital -Stock options $36 million
Credit Common stock $12 million
($1×12 million)
Credit Additional-paid in capital -excess par $156 million
($132 million+$36 million-$12 million)
(To record the exercise of stock option)
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Frank discovers that workers on the evening shift are consistently late, so he devises a new policy in which employees are only allowed three late clock-ins before they are terminated. These actions are part of the __________ function.
Answers
Considering the situation described above, Frank's actions are part of the " Controlling" function.
This is because the controlling function is one of the functions of management that deals with controlling and ensuring any deviations are dealt with, which demonstrates corrective action.
Thus, in this case, when Frank devises a new policy in which employees are only allowed three late clock-ins before they are terminated, this is an example of a Controlling function to ensure there is progress towards the organizational goals.
Hence, in this case, it is concluded that the correct answer is "Controlling."
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Wrinkles Away Inc. is entering a foreign market and is spending significant funds on educating customers about their line of wrinkle-reducing skincare products. These costs are an example of _____ costs.
Answers
The costs that Wrinkles away is spending to educate customers is what is referred to as the pioneering costs.
The pioneering costs are those costs that come up due to the fact that the foreign business is way different from what works in the home market.
As a result of this, the business firm has to spend quite an amount of its financial, time and effort resources to learn more about the market.
The business has to send its money to educate the users on the product that they have in the market.
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