denise is the ceo of a profitable business called 4-ever-sun inc. which harnesses solar power, a renewable energy source that is sustainable over time. instead of pursuing a sustainable competitive advantage, denise decides to focus on minimizing detrimental effects on society and the planet. this strategy is known as
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Denise decides to put less emphasis on achieving a sustainable competitive edge and more on minimising negative consequences on society and the environment. This approach is referred to as a "sustainable strategy".
Explain about the sustainable strategy?A prioritised list of actions makes up a sustainability as well as corporate responsibility strategy. It offers a shared structure for concentrating investment, enhancing performance, and involving both internal and external partners. Each plan must begin with a consideration of the company's objectives.
Example:
Install water-saving toilets and low-flow faucets, for instance.Water the landscape less.Encourage more vigilance among the workforce.install a light shutoff system.Make use of energy-saving light bulbs.Decrease the amount of scrap produced.Denise serves as the CEO of 4-ever-sun Inc., a successful company that uses solar energy, a long-lasting renewable energy source.
Denise decides to put less emphasis on achieving a sustainable competitive edge and more on minimising negative consequences on society and the environment.
Thus, this approach is referred to as a "sustainable strategy".
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Answer: Denise, CEO of a profitable business called 4-ever-sun Inc, has decided to minimize the negative effects on society and the planet instead of pursuing a sustainable competitive advantage. This strategy is known as corporate social responsibility (CSR).
Explanation:
Corporate Social Responsibility (CSR) is a strategy employed by companies to achieve sustainable development goals by minimizing the negative effects of business operations on society and the planet, while also striving to increase shareholder profits. It's about managing an organization's impact on society and the environment while striving to enhance economic performance over the long term.CSR entails taking responsibility for the consequences of the company's actions, both positive and negative. CSR, often known as "sustainability," includes ethical business practices, environmental conservation, and philanthropic initiatives.
Denise's decision to minimize detrimental effects on society and the planet is an example of corporate social responsibility (CSR). The business focuses on a renewable energy source, which is a more environmentally friendly option. By minimizing detrimental effects, 4-ever-sun Inc. is committing to a sustainable future for society and the environment, which is an excellent example of CSR.
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Related Questions
The compensation plan known as ______ involves payments being based on some measure of organizational performance, and the payments do not become part of the base salary.
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The compensation plan known as variable pay involves payments being based on some measure of organizational performance, and the payments do not become part of the base salary.
The compensation plan known as variable pay involves payments being based on some measure of organizational performance, and the payments do not become part of the base salary.
The characteristics of the best incentive compensation plans include clear and measurable performance. Metrics that align with business objectives.
Goals should be challenging but achievable and transparent payout structures with fair rewards. Timely payouts and flexibility in adapting to changing business conditions are essential. The plan should balance risk and reward and account for potential negative impacts on the company. Additionally, it is crucial to ensure that the incentive compensation plan is compliant with local laws and regulations, including tax laws.
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Banking on Emotional Intelligence Amber I'm not sure what the problem is. In my training they told me! need to hit sales numbers and fulfill customer needs based on the products the bank offers. What do you think the problem is? Customers are frustrated because of a lack of consideration on your part. They don't think you are really listening to their needs. Customers get upset because they think you are rude and can't control your emotions. This leads them to shy away from doing business with you. You are not able to effectively manage conflict with customers. By fighting with them you push them away to other team members, or worse, to competitors. Submit
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Customers get upset because they think you are rude and can't control your emotions. This leads them to shy away from doing business with you. Option b is correct.
The problem described in the statement suggests that customers perceive the individual as rude and unable to control their emotions, which negatively affects their interaction and willingness to engage in business. This implies a lack of emotional intelligence in managing customer relationships and addressing their needs.
Developing emotional intelligence skills, such as empathy, active listening, and maintaining a professional demeanor, can help overcome this problem and improve customer satisfaction and loyalty. Option b is correct.
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--The complete question is, Banking on Emotional Intelligence Amber I'm not sure what the problem is. In my training they told me! need to hit sales numbers and fulfill customer needs based on the products the bank offers. What do you think the problem is?
a. Customers are frustrated because of a lack of consideration on your part. They don't think you are really listening to their needs.
b. Customers get upset because they think you are rude and can't control your emotions. This leads them to shy away from doing business with you.
c. You are not able to effectively manage conflict with customers.
d. By fighting with them you push them away to other team members, or worse, to competitors.--
The problem in banking seems to be a lack of emotional intelligence. Customers feel unheard and frustrated, leading to a breakdown in trust. Ineffective conflict management can also drive customers away.
Explanation:The problem seems to be a lack of emotional intelligence in banking. Emotional intelligence, as defined by Daniel Goleman in his book Emotional Intelligence: Why It Can Matter More Than IQ, refers to the ability to understand and manage one's own emotions and effectively navigate social interactions. In the context of banking, emotional intelligence is crucial for building strong relationships with customers and meeting their needs.
Customers are frustrated because they feel that their needs are not being considered and that the bank is not really listening to them. This lack of empathy and understanding can lead to a breakdown in trust and ultimately drive customers away.
Additionally, the way bank employees handle conflict with customers is an important aspect of emotional intelligence. If employees are unable to manage their own emotions and engage in constructive conflict resolution, it can further alienate customers and damage the bank's reputation.
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~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
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Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
which one of the following taxpayers qualify for the earned income credit in 2021? a.a 70-year-old taxpayer with only social security income. b.a single, 31-year-old construction worker with $22,000 of agi and two children. c.an 16-year-old high school student who earns $8,000 at a part-time job. d.a 22-year-old single college student that can be claimed as a dependent by his parents.
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A single, 31-year-old construction worker with $22,000 of AGI and two children qualify for the earned income credit in 2021. The correct answer is (b).
The Earned Income Credit (EIC) is a tax credit for low-to-moderate-income working individuals and families. To qualify for the EIC in 2021, the taxpayer must meet certain requirements, including having earned income, a valid social security number, and being a U.S. citizen or resident alien.
Option (b) is the only taxpayer among the choices that meets the criteria for the EIC. The construction worker has earned income and two qualifying children, which makes them eligible for the credit. The amount of the credit depends on the taxpayer's income, filing status, and number of qualifying children.
Option (a) does not qualify for the EIC since they only have social security income and do not have earned income. Option (c) also does not qualify since the high school student does not have earned income, and option (d) does not qualify since the college student can be claimed as a dependent by their parents, making them ineligible for the credit.
The correct answer is (b)
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De los componentes de la Matriz DOFA, cuál elemento se define como las acciones externas de otros actores, que afectan negativamente la empresa. Las oportunidades Las Fortalezas Las Debilidades Las amenazas
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Answer:
D). Las amenazas
Explanation:
El análisis 'FODA' es el examen de las diversas 'fortalezas, debilidades, oportunidades y amenazas' subyacentes a una empresa. Estos factores se han dividido además en factores internos y externos. Los factores internos incluyen fortalezas junto con debilidades, mientras que los factores externos consisten en amenazas potenciales y oportunidades futuras que se pueden aprovechar.
Según la pregunta, los factores externos que pueden afectar negativamente al negocio serían las 'amenazas' porque si no se abordan adecuadamente a tiempo, pueden generar pérdidas, afectar negativamente las opiniones y demandas de los consumidores, y mucho más. Estos factores se denominan externos ya que afectan al negocio de fuentes externas como un déficit o problema en el buen funcionamiento de la cadena de suministro, cambios repentinos en las necesidades del mercado, escasez de insumos, clima, caída de la economía, etc. Así, la opción D es la respuesta correcta.
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
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Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Al-Kamal Company is preparing its master budget for 2010. Relevant data pertaining to its sales, production, and direct materials budgets are as follows: Sales: Sales for the year are expected to total 1,500,000 units. Quarterly sales are 25%, 25%, 25%, and 25% respectively. The sales price is expected to be $60 per unit for the first three quarters and S65 per unit beginning in the fourth quarter. Sales in the first quarter of 2010 are expected to be 10% higher than the budgeted sales for the first quarter of 2011. Production: Management desires to maintain ending finished goods inventories at 25% of next quarter's budgeted sales volume. Direct materials: Each unit requires 4 pounds of raw materials at a cost of $6 per pound. Management desires to maintain raw materials inventories at 5% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2010 are 950,000 pounds. (A) Direct labor hours are determined from the production budget. Al-Kamal Company, two hours of direct labor are required to produce each unit of finished goods. The anticipated hourly wage rate is $15. (B) Al-Kamal Company expects variable costs to fluctuate with production volume on the basis of the following rates per direct labor hour: indirect materials $1.50, indirect labor $2.00, utilities $0.50, and maintenance $0.40. Thus, for the 6,500 direct labor hours to produce 3,100 units, budgeted indirect materials are $6,200 (6,500 x $1.50), and budgeted indirect labor is $7,600 (6,500 x $2.00). Al-Kamal also recognizes that some maintenance is fixed. The amounts reported for fixed costs are assumed (C) Variable expense rates per unit of sales are sales commissions $2.50 and freight-out $1. Variable expenses per quarter are based on the unit sales from the sales budget. Al-Kamal expects sales in the first quarter to be 4,000 units. Fixed expenses are based on assumed data
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Al-Kamal Company is preparing its master budget for 2010. In 2010, Al-Kamal Company's sales are expected to total 1,500,000 units. Quarterly sales are 25%, 25%, 25%, and 25% respectively.
The amounts reported for fixed costs are assumed. Al-Kamal expects sales commissions and freight-out to be $2.50 and $1, respectively, per unit sold. Variable expenses per quarter are based on the unit sales from the sales budget. Al-Kamal anticipates selling 4,000 units in the first quarter. Fixed expenses are based on estimated data. The total costs and estimated earnings are calculated on the basis of all the above information.
The cost of goods sold will be $758625, $758625, $758625, and $885575 per quarter, respectively. As a result, the gross margin for the first quarter will be $111375, with a total of $3134200 for the year. The estimated total operating expense is $300,000, including $50,000 in fixed expenses. As a result, the anticipated profit before taxes is $1,132,200.
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Now, the CEO has provided you with a revised set of KPIs. You need to apply these KPIs toward the analysis of a proposed marketing and sales initiative to increase loyalty card memberships in neighborhoods with predominantly low-income populations, whether the populations are in rural, suburban, or city locations. The CEO wants this analysis so that she can chart the sustainability and growth of the initiative while assuring it meets standards for Corporate Social Responsibility. The CEO has provided you with several documents, available in the Supporting Materials section of this project. She wants you to use the provided Triple Bottom Line Balanced Scorecard to assess the strategic plan’s compliance with the KPIs and summarize your findings in a memo. Directions Complete the following to provide the analysis required by the CEO: Identify the financial records that indicate commitment to TBL. Outline which financial and other records marketing and sales maintains where TBL can provide data. Using the TBL scorecard, evaluate the alignment of the strategic plan with KPIs. Remember, there may be multiple outcomes of this exercise. Your focus should be to apply your understanding of the scenario and evaluate the plan accordingly. Which ideas in the plan support the KPI criteria? Cite specific ideas that meet the criteria. Explain how they meet the criteria. In your memo: Describe how the TBL data relates to the KPIs. Identify which additional TBL financial line items are needed to measure the cost for each criterion. For example, should there be a line entry for hiring temporary workers? Referring back the SWOT analyses from Project One, explain how functional considerations of individual departments contribute to financial performance.
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The financial records that indicate commitment to TBL include the Profitability and Customer satisfaction.
What are the financial records and their commitment ?The following financial records indicate a commitment to TBL:
Profitability: The company's goal is to increase profits by 10% in the next year. Customer satisfaction: The company's goal is to increase customer satisfaction by 5% in the next year. Environmental sustainability: The company's goal is to reduce its environmental impact by 10% in the next year.The following financial and other records can provide data for TBL analysis:
Sales data: Sales data can be used to track the company's progress towards its goal of increasing profits.Customer satisfaction data: Customer satisfaction data can be used to track the company's progress towards its goal of increasing customer satisfaction.Environmental impact data: Environmental impact data can be used to track the company's progress towards its goal of reducing its environmental impact.The strategic plan is aligned with the KPIs in the following ways:
Profitability: The strategic plan includes a number of initiatives that are designed to increase profits, such as increasing sales and reducing costs.Customer satisfaction: The strategic plan includes a number of initiatives that are designed to increase customer satisfaction, such as improving customer service and offering loyalty programs.Environmental sustainability: The strategic plan includes a number of initiatives that are designed to reduce the company's environmental impact, such as using more sustainable materials and reducing energy consumption.The following ideas in the plan support the KPI criteria:
Increasing sales in low-income neighborhoods: This initiative will help to increase profits and customer satisfaction.Offering loyalty programs: This initiative will help to increase customer satisfaction and retention.Find out more on financial records at https://brainly.com/question/25832812
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The financial documents that demonstrate dedication to the Triple Bottom Line (TBL) encompass the aspects of profitability and customer satisfaction.
The CEO has introduced a revised set of Key Performance Indicators (KPIs) that requires the application of the Triple Bottom Line (TBL)
1) Balanced Scorecard to assess a marketing and sales initiative focused on increasing loyalty card memberships in low-income neighborhoods. The initiative aims to align with TBL principles and Corporate Social Responsibility (CSR) standards. The financial records indicating commitment to TBL encompass the environmental, social, and economic impacts of the business, including operational costs, revenue, taxes, fees, capital expenditures, innovation investments, and sustainability initiatives.
2) Marketing and sales maintain various financial and other records that provide data relevant to TBL. These records include customer demographics, sales revenue, marketing expenses, cost per customer acquisition, retention rate, satisfaction rate, customer lifetime value, environmental footprint (such as carbon emissions, waste reduction, and energy consumption), and social impact (like job creation, community engagement, and stakeholder involvement).
3) The evaluation of the strategic plan's alignment with KPIs using the TBL scorecard considers the economic, social, and environmental dimensions. Each dimension assesses the initiative's impact on financial performance, stakeholders, and the natural environment. The strengths and weaknesses of the initiative are identified, and recommendations for improvement are provided.
4) The plan includes ideas that support the KPI criteria, such as providing discounts and free samples to low-income customers, hiring local staff, and partnering with community organizations. These ideas contribute to economic benefits through increased revenue and profit, social benefits by improving customer engagement and satisfaction, and environmental benefits by reducing waste and emissions.
5) In the memo, the TBL data is described as providing a framework for evaluating the initiative's impact on the economic, social, and environmental dimensions. The data informs decision-making and measures the success of the initiative.
6) Additional TBL financial line items needed to measure costs for each criterion may include marketing, advertising, promotions, customer acquisition, retention, and loyalty program costs. Comparing the total cost of the initiative to generated revenue and its economic impact is crucial.
7) Functional considerations of individual departments contribute to financial performance by optimizing resources, technology, personnel, and operational procedures. Leveraging strengths, addressing weaknesses, exploring opportunities, and mitigating threats enhance the efficiency and effectiveness of the initiative.
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please help me ive been stuck on this problem :( ((update i solved it))
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The return on equity that Pam would have is going to be 10 percent.
What is meant by Return on Equity?Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.
A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.
The formula is given as
net income / shareholders equity * 100
= 100 / 1000 * 100
= 0.1 * 100
= 10%
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one reporter claimed that neumann led with an entrepreneurial vision and personal charisma. based on what you know about influence tactics, which tactic did neumann successfully utilize?
Multiple Choice :
a. pressure b. Inspirational appeals c. consultation d. exchange
e. rational persuasion
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Based on the information provided about Neumann's leadership qualities, it is likely that he successfully utilized the influence tactic of inspirational appeals.
Inspirational appeals are a type of influence tactic that relies on appealing to individuals' values, ideals, and emotions to gain their support and commitment.
Neumann's ability to lead with entrepreneurial vision and personal charisma suggests that he was able to inspire and motivate others by communicating a compelling vision and creating a sense of excitement and enthusiasm around his ideas.
By leveraging his personal charisma and passion, Neumann may have been able to rally his team and stakeholders behind his entrepreneurial vision, convincing them of the potential and benefits of his ideas.
This influence tactic is effective in gaining commitment and buy-in from others community by appealing to their aspirations and generating a sense of shared purpose.
Therefore, based on the description provided, the influence tactic that Neumann likely utilized successfully is inspirational appeals.
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what should not be included as an icnremental cash flow for proposed project
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The answer is, Cash receipts or debts from other areas of your organization are not included in incremental cash flow.
What is the purpose of receipts?Receipts are evidence of the products or services you have traded for cash. Without receipts, you run the risk of neither the buyer nor the seller nor your company being able to show a transaction actually took place. This article will explain what a receipt is and why it's important to have confirmation of payment.
Is a receipt considered payment?Receipts for payments were developed to give customers proof of payment. It's a straightforward document that lists the payment made to the seller. It provides the fundamentals on the sale and verifies that the payment has been received.
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A company is about to be closed down as it does not possess enough funds to pay for its debts. The business, therefore, places a low value on its inventory. Which concept is the business complying with?
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Answer:
The business is complying with the Liquidation concept.
Explanation:
Liquidation in most cases is a concept in business that happens when a company sells off its inventory lower than their cost price because the company is about to be closed down.
It is usually to generate cash within a short period of time to pay off debts or creditors.
a new startup airline is offering free round-trip tickets to anywhere to the first 600 people who enter the office on the airline's first day of business. you arrive 24 hours before they are scheduled to open to be sure to get the free tickets, and you buy food from ve
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A new startup airline is offering free round-trip tickets anywhere to the first 600 people who enter the office on the airline's first day of business. You arrive 24 hours before your scheduled opening to make sure you get a free ticket, and you buy food from vendors while waiting in line. The cost of the ticket to you is the cost of your food while you wait in line and the opportunity cost of your time.
Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.
The economy is divided into two important parts, namely: Macroeconomics & Microeconomics
Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.Macroeconomics can be defined as a branch of economics that describes a substantial pictureYou can learn more about Economics here brainly.com/question/28208676
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what learning options can i take part in during high school?
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5. Which of the following defines a short-term goal? (1 point) Otasks that you set to accomplish specific things in a short period of time Otasks that must be completed for a job performance evaluation Otasks that you must complete that require time and planning that usually take 12 months or more to complete Otasks that you think you need to accomplish in the future but need to start working on now
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A short-term goal is defined as: A. tasks that you set to accomplish specific things in a short period of time.
What is a Short-Term Goal?A short-term goal is a specific and achievable task or objective that a person sets out to accomplish within a relatively short period of time, usually less than a year.
These goals are intended to be completed quickly, helping individuals to move closer towards their long-term aspirations and provide a sense of progress and accomplishment. Short-term goals are often the building blocks towards larger, more significant achievements, and can help individuals stay motivated and focused on their overall objectives.
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If the Federal Open Market Committee engages in an open market purchase, it will shift the money _____ curve to the _____. demand; right demand; left supply; right supply; left
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If the Federal Open Market Committee engages in an open market purchase, it will shift the money supply curve to the right.
When the Federal Open Market Committee engages in an open market purchase, it is conducting an expansionary monetary policy. The aim of expansionary policies is to increase the money supply in the economy.
When an expansionary monetary policy is conducted, there would be an increase in the supply of money in the economy. This would lead to a rightward shift of the money supply curve.
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Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months.
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The monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months is $93.19.A loan is money lent to an individual, institution, or organization to be repaid at a later date with interest.
A loan is a financial agreement in which a lender agrees to lend money to a borrower at an interest rate for a specified length of time and at a specified repayment schedule.The formula to calculate monthly payment is:\(M = P * [i(1+i)^n]/[(1+i)^n - 1]\)
Where, M = monthly payment = Principal amount = rate of interest (compounded monthly)n = number of paymentsExample: Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months.M = \(P * [i(1+i)^n]/[(1+i)^n - 1]\) M = $\(3,000 * [0.0075(1+0.0075)^36]/[(1+0.0075)^36 - 1]\) M = $3,000 * 0.0217755623/0.7643353501M = $65.3266869 rounded to $65.33
Thus, the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months is $65.33.
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If you ask about salary, compensation, and other perks on the first interview, you:
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If you ask about salary, compensation, and other perks on the first interview, you may give the impression that you are more concerned about the benefits rather than the job itself.
While it is important to know the salary range and other benefits offered by the company, it is not appropriate to bring up the topic on the first interview. Your main focus should be on the position and the company's culture, values, and goals. You can research the company and its compensation packages prior to the interview, but wait until the interviewer brings up the topic before asking any questions.
If you are asked about your salary expectations, provide a range that is reasonable for the position and your level of experience. Asking too early about salary and other perks can make you come across as greedy or entitled, and may potentially hurt your chances of getting the job offer. Remember to approach the interview with a positive and professional attitude and focus on showcasing your skills and qualifications for the job.
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More than half of all U.S. households are composed of only one or two persons, so Jimmy Dean offers one-serving frozen breakfasts, such as its Three Cheese Omelets and Sausage Breakfast Bowls. Jimmy Dean is using __________ as the basis to segment its market.
demographic characteristics
usage patterns
psychographic characteristics
usage rates
behavior characteristics
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More than half of all U.S. households are composed of only one or two persons, so Jimmy Dean offers one-serving frozen breakfasts, such as its Three Cheese Omelets and Sausage Breakfast Bowls. Jimmy Dean is using Usage patterns as the basis to segment its market.
What is Marketing?Marketing is the department in an organization which emphasizes on the increase of sales by promoting its business in a way that the message of the company reaches the consumers, the marketing department uses different marketing strategies to increase its sales.
Jimmy Dean is using Usage patterns to predict future and provide products to the market.
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Which of the following is not among the categories of ethical dilemmas according to your textbook?a. taking things that do not belong to youb. giving or allowing false impressionsc. perpetrating interpersonal abuse
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The concept here is an Ethical dilemma, a situation in which two moral principles conflict with one another. The answer is all of them.
Taking things that are not yours, creating or facilitating false impressions, and abusing people are ethical violations.
Ethical challenges and dilemmas can arise from:
a lack of personal character; conflicting personal values and organizational goals; organizational goals and social values; dangerous but popular products.An ethical dilemma (ethical paradox or moral dilemma) is a problem in the decision-making process between two possible options, neither of which is entirely ethically acceptable. While we face many ethical and moral problems in our lives, most have relatively simple solutions.
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What is a corporation?
Answers
Answer:
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Explanation:
hope this helps:)
steps on how to create your own app
Answers
Explanation:
● Steps on how to create your own app
First you have to know coding and programing...
What might be the short run impact of a completely open immigration policy that allowed labor to move freely across the U.S. border
Answers
Answer:
it will be harder to stop drugs and illegal weapons from coming into the US due to the fact that there would be no checks and if there was it would be easier to scope out the people with and without identification
How can a company salespeople help with product development?
HELP!!!!!!!!!!!! HURRY PLEASE!!!!!!
A- They can create a prototype
B- They do not have a role in product development
C- They can be a source of ideas
D- They can sell new products
Answers
Answer:
C- They can be a source of ideas.
All things being equal, when producers sell goods for a lower price, they make:
A. The same amount of money.
B. Less Money.
C. As much money as the law allows.
D. More money.
Answers
Answer:
B) Less Money.
Explanation:
Producers will make less money because they are selling a product for less.
Diego wants to buy a dirt bike. He borrows a $7,999 simple interest loan from the bank
for 36 months at an interest rate of 9.7%.How much simple interest will he pay
Answers
Answer:
$ 2,327.709
Explanation:
Only the principal amount is considered when calculating simple interest. In simple interest, the principal amount remains constant. The formula for simple interest is as I = p x i x t
where I = interest
P = principal amount ...
i= interest rate
t= time
For Diego, p= $7,999, i= 9.7% , t 36 months or 3 years
Diego will pay
I= 7999 x( 9.7/100) x 3
I= 7999 x 0.097 x 3
Diego will pay $ 2,327.709
Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
Answers
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would
Answers
Question options :
a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.
Answer:
c. lower private saving and raise public saving.
Explanation:
National saving is total of private and public saving minus the country's consumption and government expenditure.
Private saving is income from households minus consumption and taxes.
Formula for public saving is T − G − TR which is government budget surplus through revenue from tax. This is revenue from tax minus government expenditure and transfers.
when the money market is drawn with the value of money on the vertical axis, if the price level is above the equilibrium level, there is an
Answers
Answer:
There will be an increase in the price level.
Explanation:
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Fredo, Inc. , purchased 10% of Sonny Enterprises for $1,000,000 on January 1, 2021. Sonny recognized a total of $360,000 net income during 2021, paid $26,000 of dividends to Fredo during 2021, and at December 31, 2021, the market value of the Sonny investment increased to $1,036,000. Required: Prepare the journal entries necessary to account for the Sonny investment, assuming that Fredo (1) does not have significant influence or (2) does have significant influence over the operating and financial policies of the investee
Answers
The journal entries necessary to account for the Sonny investment are given below:
(1). Assuming Fredo does not have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021:
Investment in Sonny Enterprises dr. $36,000
To Equity income from Sonny Enterprises $36,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
(2). Assuming Fredo does have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021, assuming significant influence:
Investment in Sonny Enterprises dr. $72,000
To Equity income from Sonny Enterprises $72,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
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