Based on Mr. Jack Masters' monthly expenses of $2,100, he should set aside $6,300 or three months of his monthly expenses as the minimum for the emergency fund.
Data and Calculations:
Masters annual earnings = $40,000
Monthly expenses = $2,100
Maximum fund for emergency = $12,600 ($2,100 x 6)
Minimum fund for emergency = $6,300 ($2,100 x 3)
Thus, Jack Masters should aim to put aside $6,300, which represents three months of his living expenses, while the maximum fund for emergency should be $12,600 or six months of monthly expenses.
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How To Get From Taxi To Southend Airport?
Answer:
i hope it help
Explanation:
16. Small businesses account for approximately
percent of the gross domestic product in the United States.
A. 70
B. 30
C. 15
D. 60
The correct answer is A
Answer:
All small businesses in The United states of America all take 70% of their gross domestic product
60 percent of the gross domestic product in the United States. Thus, option (d) is correct.
Depending on how small enterprises are defined and the time period taken into consideration, the actual percentage may change. All authorities, however, concur that small enterprises significantly boost the American economy.
Small businesses maintain the American ideal by generating jobs, fostering innovation, and increasing competitiveness. They are crucial to the nation's economic growth and success because they are more robust in difficult times.
Therefore, option (d) is correct.
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Roger works as a sales manager for Hi-Tech Solutions, a company that performs software consulting services. While working for Hi-Tech, Roger started a side business doing software consulting work and made $50,000 in it over the course of three years. Roger never informed Hi-Tech of his lucrative side business. If a court finds that Roger breached his duty of loyalty and orders him to pay Hi-Tech the $50,000 in profits he earned from his secret business, this is known as :____________
a. reinstatement.
b. disgorgement.
c. restoration.
d. replenishment.
Answer:
B, disgorgement
Explanation:
Funds that were received through illegal or unethical business transactions are disgorged, or paid back off.
Money that was acquired by unethical or unlawful business practices is repaid or disgorged. As a result, choice (B) is the correct response.
What is disgorgement?Disgorgement is the legally required return of illicit gains enforced by the courts on wrongdoers. Money that was obtained through unethical or unlawful business practices is disgorged, or handed back, frequently to people who were harmed by the activity along with interest and/or fines.
It is a specific law that tries to financially compensate those who have been wronged by restoring ill-gotten resources from the wrongdoer to the harmed parties.
Disgorgement is not a punitive civil action; it is a corrective civil action. This means that instead of harshly punishing wrongdoers, it aims to make people who have been injured whole.
Hence, Option (B) is the right choice.
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your rent increased from $1,500 to $1,800. this means your financial needs have____
a. stayed the same
b. become less
c. changed
d. decreased
Answer:
c
Explanation:
it increased
Your rent increased from $1,500 to $1,800. this means your financial needs have changed.
What does financial needs mean?Financial necessities are costs that you must incur in order to live and work. They are the ongoing costs like your mortgage, rent, or auto insurance that are likely to consume a sizable portion of your income.
Cost versus ability to pay is the gap in financial need. The phrase "personal finance" refers to managing your finances as well as saving and investing. It includes financial planning for retirement, banking, insurance, mortgages, investments, and taxes as well as estate preparation. The phrase is frequently used to describe the entire sector that offers financial services to people and households and provides them with financial and investment advice.
Spending on wants enables you to live more comfortably. They are the items you purchase for pleasure or fun. Although you could survive without them, having them makes life more enjoyable. Food, for example, is a necessity, but eating lunch out every day is probably more of a want. Financial need is influenced by the student's college expenses in addition to their income.
Different people will have different financial need and desires. For instance, even if you need a car to commute to and from work every day, the kind of car you need might change. For instance, a luxury vehicle may be required if your line of work entails transporting wealthy clients. If all you're doing is driving yourself to and from the office, a more fuel-efficient vehicle will do the trick.
Personal finance is about achieving individual financial needs, such as having enough money to cover immediate expenses, making retirement plans, or setting aside money for your child's college tuition. Everything depends on your income, costs, living standards, and personal objectives and desires—and creating a strategy to meet those demands within your means.
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Imagine you get pulled into a meeting in 30 minutes with a CFO of a $5 billion market cap company. What 3 things would you look at beforehand
Considering that this is expected to be a business meeting, you get pulled into a meeting in 30 minutes with a CFO of a $5 billion market cap company. The 3 things you should look at beforehand include the "business model."
By having an idea of the business model, you would know the right question to ask during the meeting.
Other things you should look at beforehand include:
The Company bio;Key financial ratios;By knowing little about the company bio and their key financial ratios, you would understand how the firms work and ask the right questions to serve you in future endeavors.
However, given that this is an open-ended question, you might decide to know some personal information about the CFO to understand his personality and prove that you know him better. This personal information should include the following:
The sports team he supports;His most preferred car brand;The name of his daughter.Hence, in this case, it is concluded that you are expected to know both personal information and business-related information about his company beforehand.
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3. Find the loan-to-value ratio for a home appraised at $583,620.00 that the buyer will purchase for $585,000.00. The buyer plans to make a down payment of $175,000.00
Explanation:
The loan-to-value ratio is the amount of the mortgage compared with the value of the property. It is expressed as a percentage. If you get an $80,000 mortgage to buy a $100,000 home, then the loan-to-value is 80%, because you got a loan for 80% of the home's value.
A functional team is also referred to as a(n):
Answer:
a command team
Explanation:
Darren and his team have just finished Project A, and are preparing to disband. Darren and his team are in the _____ stage of team development.
a. forming
b. storming
c. norming
d. performing
e. adjourning
Answer:
e. adjourning
Explanation:
An adjournment concludes a meeting according to parliamentary protocol. A motion to adjourn could be used to accomplish that. Hence option E is correct .
What is Adjourning ?The motion to establish the hour of adjournment may be used to fix a time for another meeting. The meeting is adjourned as a result of this move.
Suspended proceedings are those that have been moved to another time or location until a later specified time or location.
In this last phase of group development, participants get ready to part ways. To achieve closure and come to a successful conclusion are the primary objectives of the adjourning stage. Group members require time to consider their personal contributions and development.
The fifth and final stage of group growth, called the adjourning stage, was created by Bruce Tuckman in 1977 and takes place when a group completes its work before dissolving. It is critical that team members receive proper closure and acknowledgement for their efforts at this time.
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Jill has always wanted to travel to China and plans to take a trip there in five years; she estimates that she will need $3,000 to pay for the trip and plans to make annual deposits to a savings account to reach her goal for pay for the trip. If her account earns 2% interest, how much should she deposit each year to reach her goal
The amount she should deposit each year to reach her goal is $576.48.
Here, we are going to calculate the amount that Jili needs to deposit per year to reach her goal.
The formula to use to derive the amount to be deposited per year is [Future value / Future value Annuity}
Given Information
Future value = $3,000
N = 5 years
Interest = 2%
Future value annuity = [((1 + 0.02)^5 - 1 ) / 0.02}
Future value annuity = 0.1040808032 / 0.02
Future value annuity = 5.20404
Amount to be deposited per year = $3,000 / 5.20404
Amount to be deposited per year = $576.4752
Amount to be deposited per year = $576.48.
Therefore, the amount she should deposit each year to reach her goal is $576.48.
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Management at Work
A hurricane has disrupted operations at one of your company’s facilities and shut down operations completely for several of your key suppliers. Inputs to your manufacturing process will be exhausted within days, and the company will be unable to fulfill its contracts with customers. In addition, many employees have suffered serious damage to their homes, and a few people are missing. You are a manager, and your employees are looking to you for leadership.
Which of the following do you do? Check all that apply.
- Set up a system for communicating facts as soon as they are determined so employees hear them first from management and not on the news.
- Use a highly emotional tone to communicate how seriously you take the situation and a sense of urgency.
- Walk around to be visible and accessible to as many employees as possible so they know you are engaged in crisis management.
- In oral and written communications, focus on the damage and loss of life that has occurred, since any note of optimism would be disrespectful.
Answer:
✔ Set up a system for communicating facts as soon as they are determined so employees hear them first from management and not on the news.
✘ Use a highly emotional tone to communicate how seriously you take the situation and a sense of urgency.
✔ Walk around to be visible and accessible to as many employees as possible so they know you are engaged in crisis management.
✘ In oral and written communications, focus on the damage and loss of life that has occurred, since any note of optimism would be disrespectful.
Vanessa, a single mother, has three children, Mariah (6), Alejandro (12), and Brianna (17). Brianna is a full-time student. Vanessa's adjusted gross income is $68,950, and her tax liability is $5,757. All three children are Vanessa's qualifying child dependents. What is the total of Vanessa's Child Tax Credit and Other Dependent Credit
The total amount of Vanessa's Child Tax Credit and Other Dependent Credit will be $4500.
It should be noted that the amount that will be paid for kinds that are 16 years and below is $2000 per child while kids that are 17 years and above is $500 per kid.
Therefore, since there are 2 children below 17 years while a child is 17 years, the total amount that'll be paid will be:
= (2 × $2000) + (1 × $500)
= $4000 + $500.
= $4500
Therefore, the total amount that'll be paid is $4500.
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You must estimate the intrinsic value of Gallovits Technologies' stock. Gallovits's end-of-year free cash flow (FCF) is expected to be $26 million, and it is expected to grow at a constant rate of 8.5% a year thereafter. The company's WACC (discount rate) is 11%. Gallovits has $200 million of long-term debt plus preferred stock, and there are 30 million shares of common stock outstanding. What is Gallovits's estimated intrinsic value per share of common stock
Answer:
9.0
Explanation:
you x
Identify each action by the Fed as expanding the money supply, shrinking it, or neither. expands the money supply shrinks the money supply neither expands nor shrinks Drag each item above to its matching item below. Note that every item may not have a match, while some items may have more than one match. The Fed lends money to struggling banks. Press Space to open The Fed regulates banks to ensure stability. Press Space to open The Fed buys mortgage-backed securities. Press Space to open The Fed sells Treasury bonds to investors.
Based on macroeconomic analysis, it is believed that by matching the items in the question with their effect, we have the Fed lends money to struggling banks. -- expanding the money supply;
This is because when the Fed lends money to struggling banks, there is more money available for people to borrow or assess in the economy.The Fed regulates banks to ensure stability. -- expanding the money supply, or shrinking it;
When the Fed regulates banks to ensure stability, they may either be pumping money into the economy to solve deflation or take money from the economy to solve inflation.The Fed buys mortgage-backed securities. -- expanding the money supply;
When the Fed buys mortgage-backed securities, owners of these mortgages get more money, thereby pumping money into the economy.The Fed sells Treasury bonds to investors -- shrinking it;
When the Fed sells Treasury bonds to investors, they take money from investors, thereby taking away money from the economy.Hence, in this case, it is concluded that there are various means by which the federal government can expand or shrink the money supply in the economy.
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job responsibilities of an HR department
Answer:
In simplest terms, the HR (Human Resources) department is a group who is responsible for managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and firing employees) and administering employee benefits.
Explanation:
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mark me brainliest pls
What is the minimum internal cooking temperature for whole lobster
Answer:
145 degrees Fahrenheit
Explanation:
please do this question on paper if possible!
Assume that you will receive $2000/year in Years 1 through 5, $3000/year in Years 6 through 8, and $4000 in year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, then what is the present value of these cash flows?
a. $9851
b. $13250
c. $11714
Answer:
C.$11,714
Explanation:
hope this helped :)
Tony is a 45-year-old self-employed psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year
Answer:
Tony is a 45-year-old psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year? 300,000x.25= 75,000 or $57,000
$57,000
Explanation:
A SEP is a retirement plan that can be created by an employer or a self-employed person. It is comparable to a 401(k) in that you can deduct a certain amount from your yearly taxes.
Tony 54000 is the maximum contribution limit or 25% of net generated income.
25% * 300000 = 75000
Up to a maximum of 54000
the total amount that can be invested into a SEP in calendar year 2017 is $54,000. Even if Tony was qualified for more contributions, his maximum is $54,000.
How are SEPs and IRAs different from one another?Key Learnings. Different persons may use traditional, Roth, and SEP IRAs for various objectives. When you contribute to a traditional IRA, you can claim a tax deduction. A SEP IRA will enable you to make greater retirement contributions if you have self-employment income than either a standard IRA or a Roth.
A single 401(k) or SEP—which is preferable?Although the solo 401(k) and SEP IRA appear to have identical annual contribution limitations, the 401(k) may be a superior choice for single freelancers. Although only available to one-person firms, the solo 401(k) allows you to save money in the account at a significantly faster rate.
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What is the legal term for a damage, loss or injury that can be quantified in financial terms?
A) Monetary Compensation
b) Pecuniary damage
C) Compensation
Answer:
B
Explanation:
Pecuniary. (Relating to money.)
Help me please please please i need sure answer
ohhh incomplete questions pls ask again
Answer:
where is the question please
we cannot answer without a question
thank you
Software is being developed in 8-hour shifts in which country?
A.Canada
B. Mexico
C.India
D.Germany
On September 1, 2017, West Buy purchased an asset for $9,000, with a $1,500 estimated salvage value, and a 4-year useful life. How much is the 2017 depreciation expense using the straight-line method
The amount of 2017 depreciation expense using the straight-line method is $625.
Using this formula
Depreciation expense=(Purchase price-Salvage value0/Useful life×4/12
Where:
Purchase price=$9,000
Salvage value =$1,500
Use useful life=4 years
Portion of a year expensed=4/12
Let plug in the formula
Depreciation expense=($9,000 - $1,500)/4 × 4/12
Depreciation expense=$7,500/4× 4/12
Depreciation expense= $1,875× 4/12
Depreciation expense= $625
Inconclusion the amount of 2017 depreciation expense using the straight-line method is $625.
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A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:
City Price ($) Sales
River Falls 1.30 100
Hudson 1.60 90
Ellsworth 1.80 90
Prescott 2.00 40
Rock Elm 2.40 38
Stillwater 2.90 32
For these data:
1. Determine the regression coefficients 0 and 1.
2. What is the coefficient of correlation for these data?
3. What is the percentage of the total variation in candy bar sales explained by prices?
4. What is the standard error of the estimate, SYX, for the data?
5. At the 0.01 level of significance, is there evidence of a linear relationship between the sales and the prices?
Using technology, the linear equation which models the relationship between price and sales can be represented thus : y = -48.2x + 161.4
The solution to the remaining problems are provided thus :
2.)
The Correlation Coefficient,R is the measure of the strength and direction of the association between the variables. Hence, R = - 0.885
3.)
The percentage of explained variance is given by the coefficient of determination,R² hence, the R² value is 0.784. Hence, about 78.4% of candy bar sales is explained by price.
4.)
The Pvalue = 0.0189
α = 0.01
Since, Pvalue > α ; we fail to reject H0. Hence, there is no evidence of a relationship between sales and price.
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Help I’m timed!
__is among the top reasons young adults lose their jobs.
A: Lack of references
B: Being unqualified
C: Not enough experience
D: Poor attitude
Answer:
poor attitude
Explanation:
entitlement
Answer: D- poor attitude
Explanation:
Poor attitude in anything will keep a person from succeeding
When Mars set up the Cocoa Exchange as a subsidiary, it embarked on a strategy of _______. a.supply chain management b.multichannel distribution c.strategic channel alliance d.omnichannel retailing e.digital distribution
Answer:
A
Explanation:
Is mty thinking.......
Free airline tickets, bus, or train tickets or hotel accommodations provided to employees on a space available basis is referred to as what type of fringe benefit
Free airline ticket and other benefits provided by companies is regarded as
the no additional cost fringe benefit.
The no additional cost fringe benefit is usually provided by the employers to the employees and it incurs no cost on the employers. These benefits
includes airline tickets, bus, or train tickets or hotel accommodations and is
usually given based on the free space available.
The working condition fringe benefits however involves the employers
spending a certain amount to provide such benefits to the employees.
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How is the Federal Reserve System structured?
Answer:
The Federal Reserve System has a two-part structure: a central authority called the Board of Governors located in Washington, D.C., and a decentralized network of 12 Federal Reserve Banks located throughout the U.S. One of the most visible functions of the Fed plays out at the meetings of the Federal Open Market .
Explanation:
what does this look like
Answer:
a sailboat mast? made out of Q-tips?
Assume that the most efficient production technology available for making vitamin pills has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a normal profit.
See other image for questions
Answer:
Explanation:
okay so onesgreater than the other
When all revenues and expenses are equal, a firm has a normal profit, which is required for it to be justified. It comprises the opportunity costs of passing up the next best option, as well as the explicit and implicit expenses.
What that costs include a normal profit?A profit statistic known as normal profit accounts for both explicit and implicit costs. It could be seen in relation to financial gain. A business is said to be running at normal profit when the difference between its entire revenue and all of its explicit and implicit costs is equal to zero.
He will remove his capital from the current use and move it to the next best alternative use if this minimum return is not available. So typical profit is included in overall cost.
Therefore, The minimum return that the producer anticipates from the capital put in the firm is known as normal profit.
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Which of the following is the first stage of team development?
Answer:
forming
Explanation:
On January 1, 2022, Swifty Corporation had Accounts Receivable of $ 51,900 and Allowance for Doubtful Accounts of $ 3,400. Swifty Corporation prepares financial statements annually. During the year, the following selected transactions occurred.
Jan. 5 Sold $ 4,200 of merchandise to Rian Company, terms n/30.
Feb. 2 Accepted a $ 4,200, 4-month, 9% promissory note from Rian Company for balance due.
12 Sold $ 12,600 of merchandise to Cato Company and accepted Cato’s $ 12,600, 2-month, 10% note.
26 Sold $ 5,500 of merchandise to Malcolm Co., terms n/10.
Apr. 5 Accepted a $ 5,500, 3-month, 8% note from Malcolm Co.
12 Collected Cato Company note in full.
June 2 Collected Rian Company note in full.
15 Sold $ 2,200 of merchandise to Gerri Inc. and accepted a $ 2,200, 6-month, 12% note.
Journalize the transactions.
Answer: nothing
Explanation:
