Certificate of deposit is a type of savings account offers the best interest rates. It has the highest rate of interest among all the savings accounts, but they have limited funds.
What is Certificate of deposit?Certificate of deposit is the saving account that holds the fixed amount of money for a particular fixed time like six months, 5 years and according to that back pay the interest.
When a person redeem or take out the money from certificate of deposits they get the whole amount with the interest.
Thus, option D is correct.
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In the market for labor, demand describes
A. the quantity of labor that workers are willing to provide
B. the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.
C. the relationship between the quantity of labor that workers are willing to provide and the wages they are willing to accept.
D. the quantity of labor that firms are willing to hire.
Answer:
b.
Explanation:
question 1:
in the market for labor, demand describes:
c) the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay
question 2:
the derived demand for labor comes from the:
d) demand for the goods and services that the labor produces
question 3:
olivia is considering working a secretary job for a small law firm. given the opportunity costs of working the job, she will not accept a wage less than $12 per hour. which of the following is likely to raise olivia’s reservation wage?
a) olivia learns that the job is more challenging than she initially thought
question 4:
which of the following describes the substitution effect?
c) as wages increase, an individual’s leisure becomes more costly, making him less likely to choose leisure over labor
question 5:
in response to a lack of qualified nurses in the area, a state government has funded a campaign to increase the number of high school graduates interested in nursing careers. if successful, the campaign would:
d) shift the labor supply curve to the right
i got 100%
What restrictions donors may impose on the use of resources they contribute to a not for profit organization
Answer:
NFPs (1) receive significant amounts of resources in the form of donations from providers; (2) operate for non-profit earning purposes; and (3) lack ownership interests that can be sold, transferred, or redeemed
What characteristics distinguish government organizations from NFPOs?
Government entities (1) have officers popularly elected or boards that are appointed or approved by entities that are governmental; (2) may have power to tax; (3) may have power to issue tax-exempt debt; or (4) can be dissolved unilaterally by a government and their net assets assumed by it without compensation.
What financial statements must be prepared by all VHWOs and ONPOs? What additional financial statements must be prepared by VHWOs?
(1) A statement of financial position, (2) a statement of activities, and (3) a statement of cash flows. VHOs prepare a statement of functional expenses.
Identify and briefly describe the three classifications of net assets on the financial statements of NFPOs.
1. Unrestricted: net assets are resources neither temporary nor permanently restricted.
2. Temporarily restricted: net assets result generally from contributions and other asset inflows whose use is limited by donor-imposed stipulations that expire over time or can be fulfilled and removed by the organization's actions in accordance with the stipulations.
3. Permanently restricted: net assets result generally from contributions and other asset inflows whose use is limited by donor-imposed stipulations that expire neither over time or being fulfilled or removed by the organization's actions.
State the 4 elements of the general rule for reporting the receipt of contributions other than services and collections.
1. Reported as revenues/gains in period received.
2. Reported as assets, decreases of liabilities, or expenses, depending on the form benefits take.
3. Measured at received benefits' FV
4. Reported as (un)restricted support
Restrictions donors may impose on the use of resources they contribute to NFPOs.
Temporary restriction-donation must be used for a specific purpose, such as a special training program; restriction satisfied when money is spent for purpose. Also when gift may be used.
Permanent restriction-endowment whose principal must be maintained intact permanently, but whose income by be used in any way by the organization or a specific purpose.
How are estimated uncollectible pledges expected to be reported in the NFPO's F/S?
Reported as deductions from revenue generated by pledges and as contras (subtractions) from the related receivables.
Differences between donor-imposed restriction and conditional promise to give? How is each reported in F/S?
DIR: limits use of contributed assets beyond broad limits resulting from organization's nature and asset's purpose
Explanation:
1. What important financial elements need to be considered in the process of planning for starting a family and managing finances thereafter?
2. What is your groundbreaking idea for how an online bank can serve their guests and/or customers throughout this process?
i. We are open to ideas that serve guests (non-customers) and/or customers. For context, think about how a streaming service offers free viewing or listening, but advanced features for paying customers.
ii.Feel free to get creative here. The resource could be anything from a digital solution such as an app/website to a physical representative, paper resources, online or in-person courses, etc.
iii. Be as specific as possible. What features will be included in your solution to make it an effective resource? (Ex. Weekly check-ins, progress tracker, etc.)
3. (Optional) If you feel it would strengthen your submission, attach an artistic rendering (sketch, mockup, wireframe, etc.) showing how your idea works and the most important features that a customer would use.
A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases journal
Answer: b
Explanation:
Why was the ford excursion discontinued?
Answer:
the Excursion's lack of market success is the key reason why Ford is discontinuing the Excursion
Explanation:
Substitute x = b 2 into the simplified expression, the value was 20.
Answer:
b= 10 x = 20
Explanation:
b= 10. 10 x 2 =x
Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.
When accounting for a sales-type lease, the lease receivable amount is unique from the sales revenue and cost of goods sold amounts because it includes the bargain-renewal option. bargain-purchase option. unguaranteed residual value. guaranteed residual value.
There are different kinds of lease. The lease receivable amount is unique from the sales revenue and cost of goods sold amounts because it includes the unguaranteed residual value.
A lessor with a sales-type lease that has an unguaranteed residual value embedded is often made available to the lessor at the end of the lease term, that will report sales revenue in the starting time of the lease at the present value of the minimum lease payments.For a sales-type lease, the gross profit is known to be the same regardless if the residual value is said to be guaranteed or not.
In a sales-type lease, the starting direct costs are expenses in the year it was incurred and so there is a reduction of the present value of the unguaranteed residual value from sales revenue and cost of goods sold.
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The president of the retailer Prime Products has just approached the company’s bank with a request for a $30,000, 90-day loan. The purpose of the loan is to assist the company in acquiring inventories. Because the company has had some difficulty in paying off its loans in the past, the loan officer has asked for a cash budget to help determine whether the loan should be made. The following data are available for the months April through June, during which the loan will be used: On April 1, the start of the loan period, the cash balance will be $24,000. Accounts receivable on April 1 will total $140,000, of which $120,000 will be collected during April and $16,000 will be collected during May. The remainder will be uncollectible. Past experience shows that 30% of a month’s sales are collected in the month of sale, 60% in the month following sale, and 8% in the second month following sale. The other 2% is bad debts that are never collected. Budgeted sales and expenses for the three-month period follow: April May June Sales (all on account) $ 300,000 $ 400,000 $ 250,000 Merchandise purchases $ 210,000 $ 160,000 $ 130,000 Payroll $ 20,000 $ 20,000 $ 18,000 Lease payments $ 22,000 $ 22,000 $ 22,000 Advertising $ 60,000 $ 60,000 $ 50,000 Equipment purchases − − $ 65,000 Depreciation $ 15,000 $ 15,000 $ 15,000 Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases during March, which will be paid in April, total $140,000. In preparing the cash budget, assume that the $30,000 loan will be made in April and repaid in June. Interest on the loan will total $1,200. Required: 1. Calculate the expected cash collections for April, May, and June, and for the three months in total. 2. Prepare a cash budget, by month and in total, for the three-month period.
1. The expected cash collections for April, May, and June are as follows:
April May June Total
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
2. The Prime Products's Cash Budget is as follows:
April May June Total
Beginning cash balance $24,000 $22,000 $26,000 $24,000
Bank Loan $30,000 $30,000
Total collections $210,000 $316,000 $339,000 $865,000
Total receipts $264,000 $338,000 $365,000 $919,000
Total disbursements $242,000 $312,000 $315,000 $869,000
Bank Loan + Interest Repayment $31,200 $31,200
Ending cash balance $22,000 $26,000 $18,800 $18,800
Data and Calculations:
Requested bank loan = $90,000
Loan period = 90 days
April May June Total
Beginning cash balance $24,000
Accounts receivable $140,000
Budgeted Sales $300,000 $400,000 $250,000 $950,000
Cash Collections:
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
Merchandise purchases $ 210,000 $ 160,000 $ 130,000
Depreciation $ 15,000 $ 15,000 $ 15,000
Cash Disbursements:
April May June
Payment for purchases $140,000 $210,000 $160,000
Payroll $ 20,000 $ 20,000 $ 18,000
Lease payments $ 22,000 $ 22,000 $ 22,000
Advertising $ 60,000 $ 60,000 $ 50,000
Equipment purchases − − $ 65,000
Total cash disbursements $242,000 $312,000 $315,000
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Debt: 9,700 7.2 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 105.75. These bonds have a par value of $1,000 and pay interest semiannually. Common stock: 260,000 shares of common stock selling for $65.20 per share. The stock has a beta of .97 and will pay a dividend of $3.40 next year. The dividend is expected to grow by 5.2 percent per year indefinitely. Preferred stock: 8,700 shares of 4.60 percent preferred stock selling at $94.70 per share. Market: 11.3 percent expected return, a risk-free rate of 3.95 percent, and a 22 percent tax rate. What is the company's WACC
Answer:
65.20
Explanation:
you divided
The budget of the federal government is dramatically different than it was 50 years ago. In what way is it different
Answer:
D
Explanation:
D. Mandatory spending has increased as the population has gotten older and the Social Security and Medicare programs have expanded.
The budget of the federal government is dramatically different than it was 50 years ago because of increase in discretionary spending due to the expansion of security.
What is a budget ?A government budget is a document created by the government and/or another political entity that details proposed spending for the upcoming fiscal year in the areas of healthcare, education, defense, roads, and state benefits as well as anticipated tax revenues (including inheritance tax, income tax, corporation tax, and import taxes).
According to the U.S. Constitution, Congress has the authority to enact a federal budget, which specifies how much money the government can spend during the ensuing fiscal year. The President then approves the budget proposed by Congress.
The budget outlines funding levels for the federal government as well as predictions of federal government revenue and expenditures for the upcoming fiscal year. On the basis of the president's recommendations and Congressional priorities, Congress must subsequently adopt appropriations legislation.
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The Constitution is a statement of general principle of the United States civil law.
True or False
it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.
Civil law refers to the body of law that entails the rules on settling disputes between individuals, corporations etc.
Constitutional law refers to the body of law which are gotten from common law and Constitution and helps in defining powers of the government as well as guiding the duties or rights of citizens.
Therefore, it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.
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What will happen to the interest income of a 401(k) the longer you have the
plan?
A. The interest income will double.
B. The interest income will go down over time.
C. The interest income will stay the same.
D. The interest income will be compounded more.
Answer:
D. The interest income will be compounded more.
Explanation:
Answer:
the interest income will be compounded more
Explanation: i just took the unit test
Determine which variables are significant—at either the 99% or 95% confidence level—and which are not significant at either level. Make sure to choose the highest level of significance for each variable.
If you were as salesperson selling CRM software, during the preapproach phase you would try to find out as much as possible about your customer's wants and needs by asking questions such as
Answer:
How do you maintain connection and relationships with your customers now?
Answer:
How do you maintain connection and relationships with your customers now?
Explanation:
During the preapprovals phase, a salesperson selling CRM software would strive to learn as much as possible about his customer's wants by asking questions about maintaining customer relationships.
Why customers relationship is important for the businessmen?The customers' relationship is important for the businessmen to build the long-term success.
Building a functioning relationship with customers is critical to a company's long-term success.
Customers feel more safe and connected to a business when they have a strong connection built on trust and communication, and this can lead to increased customer retention and repeat purchases.
The questions regarding the wants of the customer be like, “How do you keep in touch with your consumers and maintain connections with them?”
Therefore, building the customers' relationship is important for the businessman.
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Grill Works has 6 percent preferred stock outstanding that is currently selling for $49 a share. The market rate of return is 14 percent and the tax rate is 21 percent. What is the cost of preferred stock if its stated value is $100 per share
The cost of preferred stock if its stated value is $100 per share is 12.24%.
Cost of preferred stock refers to a rate that company must pay its investors to persuade them to invest in the available preferred shares.
The formula for the use to derive the Cost of Preferred Stock is {Annual Dividend*Stated value /Price of Preferred Stock}Cost of preferred stock = (0.06 * $100) / $49
Cost of preferred stock = $6/$49
Cost of preferred stock = 0.1224
Cost of preferred stock = 12.24%
Therefore, the cost of preferred stock if its stated value is $100 per share is 12.24%.
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An example of a strategic plan would be
O retiring with no debt.
O winning a sporting event.
O earning extra money.
O doing inventory.
Which of the following is more common in large teams?
Answer: The development of subgroups
Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in cash savings of $10,900 the first year, $16,900 for the next two years, and $19,900 for the next two years. Interest is at 12%. Assume cash flows occur at the end of the year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the total present value of the cash flows
Based on the cashflows to be achieved, the total present value that Price Mart should be expecting is $59,172
The total present value will be the sum of the present values of all the cash flows.
Year Cashflow
1 $10,900
2 $16,900
3 $16,900
4 $19,900
5 $19,900
Present value is:
[tex]= \frac{10,900}{1 + 0.12} + \frac{16,900}{1 + 0.12^{2} } + \frac{16,900}{1 + 0.12^{3} } + \frac{19,900}{1 + 0.12^{4} } + \frac{19,900}{1 + 0.12^{5} }\\[/tex]
= $59,172
In conclusion, the total present value is $59,172
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3.Which of the following is the element that distinguishes legal rules from other social rules? Financial sanction Exclusion Public condemnation
Answer:financial sanction
Explanation:
Define Business Plan?
Answer:
business plan
a document setting out a business's future objectives and strategies for achieving them.
"The company is scheduled to pitch its business plan in June"
Explanation:
Answer:
Business plan is the the plan to create our own business and do planning for the business. I hope it would help you
Since customers who go to retail stores often know what they want or have a purpose to being at the store in the first place, sellers do not have to do much _____ in the B2C selling environment.
Answer: prospecting or qualifying
B2C selling is an acronym for business to consumer selling.
Since customers who go to retail stores often know what they want or have a purpose to being at the store in the first place, sellers do not have to do much prospecting in the B2C selling environment.Prospecting can be defined as the process by which a producer conduct research in order to identify people that might be interested in the commodity produced.Qualifying refers to the qualities or characteristics a potential buyer must posses.The potential buyer is a person who is determined, willing and able to buy a product. They are also referred to as lead.Therefore, A consumer who is able and willing to buy is a prospecting consumer.
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Denise wants to clearly communicate and create a ________, a key input control, before her team tackles business activities. This way the team will be able to better allocate her firm’s scarce resources in order to accomplish the tasks at hand.
Answer:
budget
Explanation:
Denise wants to clearly communicate and create a budget which is the key input control. This way the team will learn to allocate the firm's scarce resources.
Better allocation of the firm's scarce resources in order to accomplish the task can be done by clearly communicating and creating a budget.
What do you mean by budget?Budget is an estimated income and expenditure for a period of time.
By clearly communicating and creating a budget, the team will be able to better allocate the firm's scarce resources.
Thus, Denise wants to clearly communicate and create a budget, a key input control, before her team tackles business activities. This way the team will be able to better allocate her firm's scarce resources in order to accomplish the task at hand.
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Grace Woo earns $10 per hour, and receives overtime pay at time and a half for any hours worked over 40 hours per week. If Grace works 50 hours in one week, her gross pay is:
Grace's gross pay is $550.
Grace's gross pay is the sum of the the amount she earns for her normal working hours and the amount she receives for the overtime.
Amount she receives for her normal working hours = normal hours worked x pay per hour
$10 x 40 = $400
Amount she receives for the overtime = (10 x 1.5) x 10 = $150
Total gross pay = $400 + $150 = $550
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Based on the data below, how would the inventory appear on the balance sheet, assuming that the lower of cost or market is used and the cost is determined by the First-in, first-out (FIFO) method? Total cost: $248,000 Total market: $252,350 Lower-of-cost-or-market (LCM): $239,350 The inventory would appear in the current assets section, as follows: Inventory-at lower of cost (first-in, first-out method) or net realizable value $fill in the blank 3. Feedback
The inventory would appear in the current assets section as Inventory-at lower of cost or the net realizable value at the amount $239,350.
The net realizable value is a valuation method used in inventory accounting to determine the value of an inventory by calculating the asset sold, less estimated costs of selling.
In conclusion, the inventory would appear in the current assets section as Inventory-at lower of cost or the net realizable value at the amount $239,350.
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What happens if people believe that government spending on library books will encourage even more reading and increase the private purchases of books
Answer:
That will be a good thing. Reading is great for everyone.
Fiscal policy will have a larger impact on the economy than if people didn't increase their purchases of books is the happens if people believe that government spending on library books will encourage even more reading and increase the private purchases of books. Hence, option B is correct.
What is Fiscal policy?The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.
Tax reductions and greater public spending are the two main manifestations of expansionary fiscal policy. Both of these measures aim to boost overall demand while reducing budget surpluses or adding to deficits.
Using taxation and spending by the government to influence the economy. escalating taxes. tax that is levied at a higher rate of taxation as income increases. Important phrases.
Thus, option B is correct.
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The options were attached below-
Bram Johnson invests $500 at the end of each quarter for 10 years. The account earns 8% interest annually. What is the value of the account at the end of 10 years
Based on the period of investment, the amount invested and the annual interest, the value will be $30,201.
As the same amount is invested every time, this is an annuity. The future value of an annuity is calculated as:
= Amount x ( ( 1 + rate) ^ number of periods - 1) / rate
Rate = 8% / 4 quarters in a year = 2% per quarter
Period = 10 x 4 quarters = 40 quarters
Future value is:
= 500 x ( ( 1 + 2%)⁴⁰ - 1) / 2%
= 30,200.99
= $30,201
In conclusion, the account would be worth $30,201.
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as the tax assessor for Indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $800,000,000. currently, the assessment rate is 35% and the tax rate is 40 mils. The county commission increases the assessment rate to 45% and the tax rate to 45 mils
Answer:
this didnt make sense but ok
Explanation:
________ commerce involves the payment of a fee to have products and services delivered on a recurring schedule.
Answer: Subscription
Explanation:
Subscription commerce involves the payment of a fee to have products and services delivered on a recurring schedule.
What is Subscription Commerce?Subscription commerce is a type of business model that allows a customer to pay at intervals a recurring price in order to have access to a product or service.
In subscription commerce, a customer must renew his subscription otherwise, he wouldn't be allowed access to the product or service. This payment must be made at intervals.
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An investor receives $1,100 in one year in return for an investment of $1,000 now. Calculate the percentage return per annum with: (a) Annual compounding (b) Semiannual compounding (c) Daily compounding (d) Continuous compounding
Bob manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This is an example of the __________ of inflation.A. menu costs
B. shoe-leather costs
C. unit-of-account costs
Answer:
A. Menu Cost
Explanation:
