$25,000 of equity in the home purchase of $100,000 on january 1, 2014 with a down payment of $10,000.
Equity in a home can be calculated as the difference between the home's value and the outstanding loan balance. A principal payment is defined as a payment made on the loan thereby reducing the total loan balance.
Home purchase price = $100,000,
Down payment = $10,000,
Principal payment = $5,000,
Home appraisal value = $110,000
We can calculate the loan amount as follows:
Loan amount = Purchase price - Down payment
= $100,000 - $10,000 = $90,000
The outstanding loan balance at the end of 2014 can be calculated as follows:
Outstanding loan balance = Loan amount - Principal payments
Outstanding loan balance = $90,000 - $5,000 = $85,000
Therefore, at the end of 2014, the equity in the home can be calculated as follows:
Equity = Appraisal value - Outstanding loan balance
= $110,000 - $85,000
= $25,000
Thus, the equity in the home at the end of 2014 is $25,000.
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Which professional helps individuals and families minimize risk?
Answer:
insurance agent.
the career profession who would help individual and families to manage and minimise risk would be insurance agent.
Explanation:
insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age
In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.
Answer:
As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.
On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.
And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.
The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be
Answer:
Owens will get $18,000 + $12,000 = $30,000
Explanation:
average capital investments:
Owens $100,000Gehrig $200,000Nagurski $300,000Net income = $90,000
Owens received a $18,000 salary
Remaining income = $72,000
interest on capital investment = $600,000 x 15% = $90,000
since $90,000 ≥ $72,000, profits must be allocated proportionally:
Owens = $72,000 x 1/6 = $12,000
Gehrig = $72,000 x 2/6 = $24,000
Nagurski = $72,000 x 3/6 = $36,000
I own a candy store in my country. I am free to choose the products I sell and I am able to complete against other stories using innovative ideas. After a white selection of candies are various prices what type of economic system does my country most likely utilize
Answer:
The country most likely utilizes a free market economy.
Explanation:
A free market economy is characterized by the price system: in this system, prices signal economic activity in order to coordinate the forces of supply and demand in order to reach a market equilibrium.
In a free market economy, competition is stiff because firms can freely enter and exit the markets, and this also influences the price of goods and services.
Firms try to out-compete other firms by improving production processes, innovating, and lowering costs.
how do you find tax liability?
Answer:
Find answer in the explanation below
Explanation:
Tax liability can be defined as the total amount of taxes an individual, corporation, company, etc owes a tax authority or service at a given period of time.
The Internal Revenue Service is responsible for the taxation and collection of taxes from individuals to multinationals.
tax liability can also simply be said to be the amount in taxes that is owed the government individuals downs to multinationals.
Tax liability can be found or derived from taxable incomes. This is started by deducting taxable income - tax deductions = gross tax liability
gross tax liabilty - tax credits = tax liability.
Cheers.
A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.
The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.
WHAT ARE THE ANSWERS TO THESE QUESTIONS?
What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?
Explanation:
Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.
For example, from this case, we observe that
although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."
Giving For such example are, from this case, we observe that is:
Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."Learn more about:
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Sony manufactures clock radios in quantities of more than 100,000 in a given time period -- but the average consumer wants only one clock radio at a time. this difference is an example of:____.
Sony manufactures clock radios in quantities of more than 100,000 in a given time period -- but the average consumer wants only one clock radio at a time. this difference is an example of a discrepancy in quantity.
Radio is the technology of signaling and communication using radio waves. Radio waves are electromagnetic waves with frequencies between 30 hertz (Hz) and 300 gigahertz (GHz). They are produced by an electronic device called a transmitter connected to an antenna that radiates waves and is received by another antenna connected to a radio receiver. Radios are very widely used in modern technology in radio communications, radar, radio navigation, remote control, remote sensing, and other applications.
The main purpose of radio is to transmit information from one place to another through the medium between them (air, space, non-conductive material, etc.) without wires. In addition to transmitting voice and television signals, radio is also used to transmit data in encrypted form.
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your sales manager asks you to pull out the top 25 customers based on order amount. you are allowed to set the business rule. which business rule makes the most sense with this ask?
To identify the top 25 customers based on order amount, the most suitable business rule would be to sort the customers in descending order based on their order amount and select the top 25 customers from the list.
The business rule would involve the following steps:
Retrieve the order data for all customers.
Calculate the order amount for each customer, considering the total value of their orders.
Sort the customers in descending order based on their order amount.
Select the top 25 customers from the sorted list.
By following this business rule, you can identify and pull out the top 25 customers who have made the highest order amounts, meeting the sales manager's request.
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please help me with this match the column if i get perfect answer then i will give brainliest
Answer:
what do you need help on
Explanation:
The frito-lay plant applies a product focus strategy, which is appropriate for what type of producer?.
High-volume, low-variety products are ideal for what sort of manufacturer, the Frito-Lay facility uses a product focus approach.
A supplier's ability to offer a wide choice of BRANDS or PRODUCTS. The degree of market segmentation and the number of product variations offered by rival suppliers will determine how many variants of a product a supplier advertises.
When choosing product varieties, a company must think about how to position its brands to best serve its target market segments without creating an excessive number of brand overlaps in any one segment. It also needs to think about the additional costs of producing small volumes of numerous varieties, which results in a loss of standardization economies.
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Given that number of daily purchases and if your average round-up was $0.50, how much would you end up investing...
Per day
Per month
Per year
Amount Invested per Day = (Number of Daily Purchases x $0.50)
Amount Invested per Month = (Number of Daily Purchases x $0.50) x 30
Amount Invested per Year = (Number of Daily Purchases x $0.50) x 365
What is an Investment?An investment is known an asset or item acquired with the goal of generating income or appreciation. Investments are generally made to earn a return on the money or asset, increase one's wealth, or to generate a profit.
In order to calculate the amount invested per day, month and year when an average round-up of $0.50 is applied to the number of daily purchases, the following formula can be used:
Amount Invested/Day = (Number of Daily Purchases x $0.50)
Amount Invested/Month = (Number of Daily Purchases x $0.50) x 30
Amount Invested/Year = (Number of Daily Purchases x $0.50) x 365
For example, if one made 10 daily purchases, the amount invested would be calculated as follows:
Amount Invested/Day = (10 x $0.50) = $5
Amount Invested/Month = (10 x $0.50) x 30 = $150
Amount Invested /Year = (10 x $0.50) x 365 = $1,825
This formula can be used to calculate the amount invested for any given number of daily purchases and an average round-up of $0.50.
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in acquiring or gaining control of a site when zoning is very uncertain, the developer should attempt to negotiate:
Zoning, Filming, and Acting:of Negotiation Issues and Promises Conflicting land use plans Erin RyanThere are many possibilities for dealing [in land use disputes]advantage.
It allows individual decisions to take into account specific characteristics of a particular package or project and Availability of suitable measures to mitigate disadvantaged land Use effects. A carefully balanced set of land use requirements Anything based on a bargaining process could be fairer than it used to be Regulations:Instead of simply dealing with roughly similar countries Also, considering certain characteristics,The question of justifying deviations from a range that may be too broad standard.
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Which are the two best examples of long-term needs that people need to save for?
1) college education
2)down payment on a home
3)medical emergences
4)plumbing problems in the home
5) unexpected car repair
Answer:
1. college education
2. medical emergencies
Explanation:
"Long-term needs" refer to things that you will be needing in the future. Among the choices above, the two best examples of long-term needs that people need to save for are: college education and medical emergencies.
Saving up for college is important if you want to have a bright future or a better salary. Having a good income will give you the chance to save up for your future home's down payment as well as mortgage payment. It will most likely give you a better quality of life. Thus, college education should come first.Saving up for medical emergencies is also crucial because we're all human beings who, at some point, will deteriorate physically. There are also incidents which we cannot control such as "car accidents." Having money allotted for it will prevent you from borrowing money from other people.which of the following is not an element of structural quality in child care programs
Answer:
The correct answer is ''Parent-caregiver relationships.''
name the continent, which is home to around 4.6 billion people, that is opening many of its borders for the first time since the covid-19 shutdowns.
The continent that is home to around 4.6 billion people and is opening many of its borders for the first time since the COVID-19 shutdowns is Asia.
Asia is the largest and most populous continent, with approximately 60% of the world's population residing there. It includes countries such as China, India, Indonesia, Pakistan, and Bangladesh, which have a combined population of over 4.6 billion people.
Due to the COVID-19 pandemic, many countries in Asia implemented strict travel restrictions and closed their borders to control the spread of the virus. These measures were necessary to protect public health and prevent the healthcare systems from becoming overwhelmed. However, as the situation improves and vaccination rates increase, some Asian countries are now gradually reopening their borders for tourism and trade.
For example, countries like Thailand and Japan have started allowing vaccinated tourists to enter under certain conditions, such as presenting a negative COVID-19 test result and adhering to quarantine protocols. Similarly, countries like South Korea and Singapore have established travel bubbles with select countries, allowing for limited travel without the need for quarantine.
It is important to note that the reopening of borders is a complex process that involves careful consideration of public health risks and the vaccination status of both the domestic and international populations. Governments are closely monitoring the situation and making decisions based on scientific evidence and expert advice. While the reopening of borders is a positive step towards recovery and restoring economic activities, it is crucial to continue practicing preventive measures, such as wearing masks, practicing good hygiene, and getting vaccinated, to ensure the ongoing control of the COVID-19 virus.
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If each piece of a 10 piece puzzle had a word that represented you on it, what 10 words would we see?
Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty
Explanation:
The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed long-term debt of $6.3 million, and the 2015 balance sheet showed long-term debt of $6.5 million. The 2015 income statement showed an interest expense of $220,000. During 2015, the company had a cash flow to creditors of $20,000 and the cash flow to stockholders for the year was $75,000. Suppose you also know that the firm's net capital spending for 2015 was $1,480,000, and that the firm reduced its net working capital investment by $91,000
Answer:
$1,484,000
Explanation:
For calculation of operating cash flow first we need to compute the cash flow from assets which is shown below:-
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
= $20,000 + $75,000
= $95,000
Cash flow assets = OCF - Net capital spending - Change in net working capital
= $95,000 = OCF - $1,480,000 - (-$91,000)
= $95,000 = OCF - $1,480,000 + $91,000
= $95,000 = OCF - $1,389,000
OCF = $1,484,000
What is the future value of $25,000 invested for 10 years with a rate of return of 8%?
Answer:
6% on an investment that will return $450,000
Explanation:
Chris earns $50,000 income in 2019, consumes $45,000 and saves $5,000. At the end of the year, he gets an unexpected bonus of $1187 and spends $383. What is his marginal propensity to consume?
Answer:
Chris's marginal propensity to consume, which is the increase in consumer spending due to an incremental increase in income, is approximately 0.32 (or 32%). This is calculated by dividing the change in consumption ($383) by the change in income ($1187).
please help me answer these questions
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.
MATCH EACH TERM WITH EACH DEFINITION
Credit report
Grace period
Secured card
Annual percentage rate
1. The amount of interest paid on a unpaid balance
2. Number of days to run a balance before fees or interest are charged
3.A credit card with money in a savings account to act as collateral
4. A listing of a persons financial information and history
Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
annual percentage ; the amount of interest charged on unpaid balances
grace paid ; number of days to run a balance before fees or interest are charged.
balance transfer ; the movement of money owed on one credit card to another credit card.
credit report ; listing of a person's financial information and history.
Explanation:
ap3x correct
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Answer:
byeee
Explanation:
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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What’s the answer???
Answer:
market
Explanation:
for the top one market is where they trade
An ad for Bagels, Inc., attracts buyers who would otherwise have made purchases from Croissant Company. To bring a successful claim against Bagels, Inc., under the federal Lanham Act for false advertising, Croissant must establish that
Under the federal Lanham Act for False Advertising, Croissant must establish that the ad was false or misleading and that shoppers were misled by the ad.
What is false advertising?It corresponds to a situation where manufacturers and traders of goods and services offer non-existent or misleading offers to the consumer, with the objective of attracting him and obtaining profitable advantages, for example, through the tactic of bait and hidden information.
Therefore, there are laws that protect the consumer and combat the spread of misleading advertising, since when running an advertisement companies must follow certain legal rules.
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A graphical representation of how much a seller would be willing and able to bring to the market at various prices is known as the:
A graphical representation of how much a seller would be willing and able to bring to the market at various prices is known as the supply curve. The supply curve is one of the most important tools used by economists to study markets.
It is a visual representation of the relationship between the price of a good or service and the quantity that producers are willing and able to supply at that price. The supply curve slopes upward from left to right, indicating that as the price of a good or service increases, producers are willing to supply more of it.
The reason for this is simple as the price of a good or service increases, producers are more likely to invest in the resources necessary to produce it, and they are also more likely to allocate their resources towards producing it.
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In recent years, commercial banks have been allowed to
A) invest in real estate.
B) enter certain insurance markets.
C) underwrite stocks.
D) do all of the above.
E) do only A and B of the above.
In recent years, commercial banks have been allowed to invest in real estate, enter certain insurance markets, and underwrite stocks. The correct answer is D.
What are Commercial banks?
A commercial bank is a financial institution that accepts deposits from the general public and organizations, making a profit from the difference between interest rates charged on loans, payment services, and interest paid on deposits. Some of the services provided by commercial banks include checking and savings accounts, loans, credit, and debit cards, insurance policies, investments, and financial planning services.
Commercial banks are for-profit businesses that take deposits from the general public and lend money to individuals like households, business owners, and entrepreneurs.
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what is the most important part of a marketing audit? why? what is the least important part? why?
The most important part of a marketing audit is to evaluate the company's marketing strategy. This involves analyzing the company's target market, value proposition, marketing mix, and competitive positioning.
The reason why this is the most important part is that it determines the effectiveness of the company's marketing efforts. By understanding the company's marketing strategy, the auditor can identify areas for improvement and suggest changes to increase sales and profits.
On the other hand, the least important part of a marketing audit is typically the evaluation of marketing collateral. While marketing materials such as brochures and ads are important for communicating the brand message, they are not as critical to the success of the marketing strategy as the overall strategy itself.
However, this does not mean that marketing collateral should be ignored entirely, as it can still have an impact on the perception of the brand. Nonetheless, it is not as important as the company's marketing strategy.
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In JoJo's Bizarre Adventure, Does Jotaro Kujo get his stand, Star Platinum, back?
It is a false statement that Jotaro Kujo get his Stand Disk "Star Platinum" back.
What is the JoJo's Bizarre Adventure about?In the Adventure, the Star Platinum is a humanoid Stand that resembes a tall and well-built man of similar proportions to Jotaro.
In the colored art, its skin is often a hue between purple, blue, green, and small bits of gold. Its face and body have varying colors.
In the story, after the loss of the Star Platinum, Jolyne finally retrieves Jotaro's Stand Disk but delivers it to the Pigeon named Savage Guardian in episode 12 of the story.
Therefore, It is a false statement that Jotaro Kujo get his Stand Disk "Star Platinum" back.
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Answer:
yes
Explanation:
doritos is running a commercial contest for the superbowl this year. how does it work?
Typically, Doritos runs a commercial contest leading up to the Super Bowl each year, although it is possible that they may not run one every year.
The general idea behind the contest is that consumers are invited to create their own Doritos commercial, and the winning ad will be aired during the Super Bowl, which is one of the most-watched television events of the year.
Here's how the contest has worked in the past:
Doritos announces the contest and sets a deadline for submissions.
Consumers create and upload their 30-second Doritos commercial to the contest website.
The public votes on the commercials to determine the finalists.
A panel of judges selects the winning commercial from the finalists.
The winning commercial is aired during the Super Bowl, and the creator of the ad usually receives a cash prize.
It's worth noting that the specific details of the contest may vary from year to year, so it's a good idea to check the official contest rules and guidelines for the most up-to-date information.
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Doritos is running a commercial contest for the super bowl this year. how does it work?