Constructing a cash budget using an electronic spreadsheet can make a financial report more helpful by increasing accuracy and flexibility.
What are the uses?
Electronic spreadsheets can handle complex calculations quickly and accurately, reducing the risk of errors and ensuring that the budget is reliable.
Additionally, spreadsheets offer flexibility in terms of making changes and adjustments to the budget as needed, allowing for scenarios to be easily modeled and analyzed.
This can help businesses or individuals make more informed financial decisions by giving them a clearer picture of their financial situation and helping them plan for future expenses and revenue. The use of electronic spreadsheets can ultimately save time and effort, and can provide a more comprehensive and useful financial report.
To know more about Spreadsheets, visit:
https://brainly.com/question/8284022
#SPJ1
entries for note collected by bank accompanying a bank statement for borden company is a credit memo for $26,390 representing the principal ($26,000) and interest ($390) on a note that had been collected by the bank. the company had been notified by the bank at the time of the collection but had made no entries. journalize the entry that should be made by the company to bring the accounting records up to date. if an amount box does not require an entry, leave it blank.
Journalizing the entry that should be made by the company to bring the accounting records up to date. The journal entry should be recorded in the books of the company as follows:
Debit Credit Cash account $26,390
Interest income account $390
Note receivable account $26,000
The company did not record the collection of principal and interest on the note when it was collected by the bank. Therefore, the accounting records of the company are not up to date.
To bring the accounting records up to date, the company should record the collection of principal and interest on the note when it was collected by the bank. This can be done by journalizing the entry.
The bank has already recorded the collection of the principal and interest on the note. Therefore, this is a credit memo for the company. It represents the collection of principal and interest on the note by the bank. The amount of the credit memo is $26,390. The principal amount collected by the bank is $26,000, and the interest collected by the bank is $390.
Therefore, the journal entry to be made by the company to bring the accounting records up to date is:
Cash account $26,390
Interest income account $390
Note receivable account $26,000
Learn more about journal entries at https://brainly.com/question/28390337
#SPJ11
becky has 25/70/15 automobile insurance coverage. if two other people are awarded $38,000 each for injuries in an auto accident in which becky was judged at fault, how much of this judgment would the insurance cover?
The value of total judgment is $19,000 for the given automobile insurance coverage.
Becky has an automobile insurance policy with a coverage of 25/70/15. This means that if Becky is judged to be at fault for an auto accident, her insurance will cover up to 25% of the total judgment awarded to any two other people who are injured in the accident.
In this case, two people have been awarded $38,000 each for injuries in the accident in which Becky was judged to be at fault, so the total judgment is $76,000. Therefore, Becky's insurance will cover 25% of that judgment, which is $19,000.
To know more about automobile insurance click on below link:
https://brainly.com/question/14504577#
#SPJ11
Bank Reconciliation
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6:
Cash balance according to the company’s records at August 31, $42,920.
Cash balance according to the bank statement at August 31, $56,300.
Checks outstanding, $25,390.
Deposit in transit not recorded by bank, $13,325.
A check for $150 in payment of an account was erroneously recorded in the check register as $1,500.
Bank debit memo for service charges, $35.
a. Prepare a bank reconciliation, using the format shown in Exhibit 13.
Creative Design Co.
Bank Reconciliation
August 31, 20Y6
Cash balance according to bank statement $
Adjusted balance $
Cash balance according to company's records $
Adjusted balance $
b. If the balance sheet were prepared for Creative Design Co. on August 31, what amount should be reported for cash?
$
c. Must a bank reconciliation always balance (reconcile)?
A bank reconciliation "Creative Design" cash balance according to bank statement $56,300, and cash balance according to company's records $42,920.
A bank reconciliation, using the format shown in Exhibit 13. Creative Design Co. Bank Reconciliation August 31, 2016
Cash balance according to bank statement $56,300
Adjustments:
Checks outstanding $25,390
Erroneous check $1,350
Deposits in transit $13,325
Bank debit memo $35
Adjusted balance $45,390
Cash balance according to company's records $42,920
Adjustments:
Erroneous check $1,350
Deposits in transit $13,325
Adjusted balance $57,595
If a balance sheet is prepared for Creative Design Co. on August 31, the amount of cash to be reported is $57,595
Yes, a bank reconciliation must always balance. A bank reconciliation is a process which compares the bank statement to the company's records to make sure that both sources of information match and that any discrepancies are resolved. The final balance of the reconciliation should match the adjusted balance in the company's records.
Learn more about bank reconciliation: brainly.com/question/30075643
#SPJ11
If the price of one good increases, and as a result, the demand for another good increases, the goods are
a) substitutes.
b) inferior goods.
c) normal goods.
d) complements.
If the price of one good increases, and as a result, the demand for another good increase, the goods are complements.
The correct option is d. complements.
Complements refer to two or more products that are consumed together by buyers. Complements are things that are sold together to increase demand for each other; when the price of one commodity rises, the demand for the other commodity rises as well.
What is a compliment?
Complements are products that are purchased together, typically because they are both required for a specific objective or serve a specific function. Complements are frequently utilized together, therefore a modification in the price of one product has an impact on the demand for the other item. If the price of product A rises, the demand for product B will most likely decrease, as they are viewed as complementary products.
For example, hot dogs and buns are two products that are frequently consumed together. Hot dogs and buns are products that go together; hot dogs are incomplete without buns and vice versa. If the price of hot dogs increases, the demand for hot dog buns will most likely decrease because buyers will purchase fewer hot dogs.
Therefore, the correct option is d.
Learn more about Consumer here:-
https://brainly.com/question/380037
#SPJ11
joe sells ergonomically-designed office furniture. joe would find it easier to sell to a customer who:
Joe sells ergonomically-designed office furniture. Joe would find it easier to sell to a customer who has a need for high-quality office furniture.
Why a customer has a need for high-quality office furniture?
A customer who has a need for high-quality office furniture will appreciate the value of a good ergonomic design.
Joe's furniture would provide the necessary features that the customers would expect from high-quality office furniture, which would make it easier for him to sell his ergonomically-designed office furniture to such a customer. High-quality office furniture requires the use of high-quality materials and high-quality workmanship, which would make the furniture durable and long-lasting. Ergonomically-designed office furniture is comfortable, and it helps to reduce the likelihood of the user developing strains or other injuries while using the furniture.
Answer: Joe would find it easier to sell to a customer who has a need for high-quality office furniture.
For more information regarding this topic, you can check the below link
https://brainly.com/question/17157185
#SPJ11
What term refers to the development and management of supplier relationships to acquire goods and services in a way that helps achieve the needs of a business?
(a) Lean procurement
(b) Strategic sourcing
(c) JIT sourcing
(d) Vendor networks
(e) Third-party logistics.
The term that refers to the development and management of supplier relationships to acquire goods and services in a way that helps achieve the needs of a business is Strategic sourcing. Option (b) is correct.
It is a procedure that entails assessing present and potential suppliers and examining their offerings to ascertain the most economical and effective approach to obtain the products or services required for the company.
To choose the most economical and effective suppliers, strategic sourcing employs a holistic approach to supplier management.
This strategy also entails building enduring connections with the supplier in order to benefit both sides and negotiate advantageous terms and conditions.
To know more about Strategic sourcing,
https://brainly.com/question/14958282
#SPJ4
True or False, one of the advantages of targeting a market segment globally is that although the segment in a single-country market might be small, even a narrow segment can be served profitably if the segment exists in several countries.
True. One of the advantages of targeting a market segment globally is that although the segment in a single-country market might be small, even a narrow segment can be served profitably if the segment exists in several countries.
This is due to the fact that the total size of the market increases significantly when it is combined across multiple countries. For example, if a company produces a product that appeals to a specific demographic, they may be limited in their ability to serve that market in one country. However, if they can expand to multiple countries, they may find that the total size of the market segment is much larger than anticipated.
Moreover, global market segmentation also allows companies to tap into new customer segments and create more competitive pricing strategies. By targeting different countries, companies can reach a wider audience and may be able to lower their production costs due to economies of scale.
Furthermore, they may be able to take advantage of existing distribution networks in order to reduce their costs. All of this can help to increase profits and market share, making global market segmentation a great way to expand a business.
To know more about global market segmentation refer here :
https://brainly.com/question/29993608
#SPJ11
true or false. an error is considered material if it would trigger an irs audit.
An error is considered material if it would trigger an IRS audit. The statement is false.
The materiality of an error is not determined by whether it would trigger an IRS audit or not. Materiality refers to the significance of an error or misstatement in financial statements, and it is determined by the size, nature, and context of the error or misstatement. An error is considered material if it could affect the decisions of users of the financial statements, such as investors or creditors. The determination of materiality is a matter of professional judgment, based on a consideration of all relevant factors. An IRS audit is an examination of an individual or business's tax return to verify its accuracy and completeness.
learn more about IRS audit here
https://brainly.com/question/28523136
#SPJ4
a reit has an noi of $15 per share and currently pays a dividend of $10 per share. the dividend is projected to increase by 4 percent by next year and continue to increase by 4 percent per year thereafter. assuming that the blended cap rate is 9.75 percent and the required rate of return is 10.5 percent, what would be the net asset value (nav) of the reit?
The net asset value (NAV) of the REIT is $153.85 per share and the present value of the expected future dividends is $183.16 per share.
NAV (Net Asset Value) of a REIT (Real Estate Investment Trust) is defined as the total value of a REIT's assets minus its liabilities. The formula used to calculate the NAV of a REIT is NOI/cap rate. Here, the NOI is $15, which is assumed to remain constant, and the cap rate is 9.75 percent. Now, let's calculate the NAV of the REIT.
Given,
NOI of REIT = $15 per share
Dividend paid by the REIT = $10 per share
Dividend growth rate = 4% by next year and 4% per year thereafter
Blended cap rate = 9.75%Required rate of return = 10.5%
We know that,
NAV = NOI / cap rate (formula)Given,
NOI of the REIT = $15 per share
Cap rate = 9.75%Therefore,
NAV = $15 / 0.0975 = $153.85 per share (rounded to the nearest cent)The dividends paid by the REIT will be growing at a rate of 4% per year. Therefore,
Next year dividend per share = $10 + 4% of $10 = $10.4 (rounded to the nearest cent)In the year after that,
Dividend per share = $10.4 + 4% of $10.4 = $10.82 (rounded to the nearest cent)And so on.
Now, let's calculate the present value of the expected future dividends using the dividend discount model.
P0 = D1 / (r - g)where,
D1 = Expected dividend in the first year = $10.4r = Required rate of return = 10.5%g = Dividend growth rate = 4%Therefore,
P0 = $10.4 / (0.105 - 0.04) = $183.16 per share (rounded to the nearest cent)
Hence, the net asset value (NAV) of the REIT is $153.85 per share and the present value of the expected future dividends is $183.16 per share.
To know more about net asset value, click on the link below:
https://brainly.com/question/24243966#
#SPJ11
Trade between two countries can benefit both countries ifA.each country exports that good in which it has a comparative advantage.
B.each country enjoys superior terms of trade.
C.each country has a more elastic demand for the imported goods.
D.each country has a more elastic supply for the supplied goods.
E.Both C and D.
The correct option is A, Trade between two countries can benefit both countries if each country exports that good in which it has a comparative advantage.
Trade refers to the exchange of goods and services between individuals, businesses, or countries. It is a fundamental aspect of human society and has been practiced for centuries. Trade can occur on a local, national, or international level, and can involve various types of products and services, such as food, clothing, technology, or financial services.
Trade allows individuals and businesses to specialize in the production of goods and services that they are best suited to, and then exchange those products for other goods or money. This specialization and exchange of goods and services leads to increased efficiency, higher productivity, and overall economic growth.
To learn more about Trade visit here:
brainly.com/question/27622280
#SPJ4
One way a local community might regulate a shared and limited resource and reduce the tragedy of the commons is to ....answer choiceseliminate ownership of the resources and make them available to alldivide the resources into parcels and assign them to individualsoffer subsides to users of the resources in the form of tax breaksreduce the cost of access to the resources
Option (b), By dividing the resources into parcels and allocating them to specific people, a small community may govern a shared and finite resource and lessen the tragedy of the commons.
What does "tragic commons" actually mean?The expression "tragedy of the commons" refers to a situation where individuals who have access to a shared resource, often referred to as a common, act selfishly and finally exhaust the supply.
There was a reason why the commons calamity occurred.When individuals prioritize their personal interests over the well-being of society, the tragedy of the commons is a problem that arises in economics. Because of this, the resource is ultimately exploited excessively, which is bad for everyone.
With the tragedy of the commons, what does sustainability mean exactly?Economics' foundational idea is the tragedy of the commons. As no one is required by law to maintain anything that is protected in the commons, it is thought that anything conserved in the commons (as opposed to being privately owned) faces greater sustainability concerns.
Learn more about tragedy of the commons: https://brainly.com/question/29221557
#SPJ1
The complete question is:
One way a local community might regulate a shared and limited resource and reduce the tragedy of the commons is to ....
answer choices
eliminate ownership of the resources and make them available to alldivide the resources into parcels and assign them to individualsoffer subsides to users of the resources in the form of tax breaksreduce the cost of access to the resourcesThe secondary market is best defined by which one of the following? Multiple Choice o Market in which subordinated shares are issued and resold. o Market conducted solely by brokers. o Market dominated by dealers. o Market where outstanding shares of stock are resold. o Market where warrants are offered and sold.
Option-D: The secondary market is best defined by the market where outstanding shares of stock are resold.
A secondary market is where securities are sold and traded by people who previously purchased them from an issuing firm or another investor in the primary market. The secondary market is a market where already-issued securities are bought and sold between investors without the involvement of the issuing company, and it includes both exchanges and over-the-counter markets.To understand the difference between a primary market and a secondary market, consider this example:When an organization initially offers securities to the public through a public offering, it is known as the primary market.
The securities then change ownership on the secondary market, which is where investors can buy or sell them with other investors.When an investor purchases securities through the secondary market, the organization that issued the securities is not involved. Secondary markets, unlike primary markets, are essentially where already-issued securities are bought and sold by investors. As a result, secondary markets provide investors with a variety of options for trading securities.Thus the correct answer is Option-D.
For such more questions on secondary market:
brainly.com/question/14612734
#SPJ11
a fixed-weight price index like the consumer price index (cpi) the change in the cost of living because it take into account that people can substitute less expensive goods for ones that have become more expensive.
A fixed-weight price index like the consumer price index (CPI) takes into account that people can substitute less expensive goods for ones that have become more expensive. (TRUE)
What is a fixed-weight price index?A fixed-weight price index is an index in which the weights or proportions utilized to calculate the index do not alter over time. The fixed basket price index or fixed bundle price index are two examples of fixed-weight indices. The index number is calculated using a fixed basket of commodities with unchanged weights over time.
In general, fixed-weight price indexes provide a good picture of inflation since they show price changes for goods that have the same quality and features over time. Since they use a constant basket of products, the weights do not vary from year to year, which eliminates substitution biases.
The Consumer Price Index (CPI) is one example of a fixed-weight price index. CPI is a measurement of inflation that compares the cost of a standard set of consumer products over time. CPI, for example, measures the change in the cost of living over time.
Learn more about CPI at
https://brainly.com/question/14846198
#SPJ11
8. The LIBOR zero curve is flat at 5% (continuously compounded) out to 1.5 years. Swap rates for 2- and 3-year semiannual pay swaps are 5.4% and 5.6%, respectively. Estimate the LIBOR zero rates for maturities of 2.0, 2.5, and 3.0 years. (Assume that the 2.5-year swap rate is the average of the 2- and 3-year swap rates and use LIBOR discounting.) Explain.
The LIBOR zero rates for maturities of 2.0, 2.5, and 3.0 years are estimated as follows:
2.0 years: 5.4%
2.5 years: 5.5% (average of the 2- and 3-year swap rates)
3.0 years: 5.6%
The LIBOR zero curve is flat at 5%, and the 2- and 3-year swap rates are higher than the 5% LIBOR zero rate. This is because a swap rate is composed of the LIBOR zero rate and a risk premium to compensate for the counterparty default risk and other risks.
The 2.0-year LIBOR zero rate is 5.4% since it is the same as the 2-year swap rate. The 2.5-year LIBOR zero rate is calculated as the average of the 2- and 3-year swap rates, which is 5.5%. The 3.0-year LIBOR zero rate is the same as the 3-year swap rate, which is 5.6%. LIBOR discounting is used because the LIBOR rate is used to calculate interest payments on the swap.
You can read more about discounts at https://brainly.com/question/1548141
#SPJ11
Labor productivity can be increased through investments in __________.A) human capitalB) an efficient financial systemC) natural resource ownership
Labor productivity can be increased through investments in human capital.
Labor productivity is a measure of how much work is done in a given period of time. This metric assesses how effectively the labor force uses their skills, expertise, knowledge, and time to produce goods and services. Companies assess labor productivity to assess their capacity to compete in the market, increase profits, and reduce costs.
Human capital is the sum of knowledge, abilities, and experience that an employee brings to an organization. Human capital encompasses the quality of education, vocational training, work experience, health, and work habits that an employee possesses, all of which contribute to their productivity.
Investing in human capital boosts productivity, which leads to a company's growth and development. Training and development of employees enhance the quality of services and products produced, increasing efficiency and reducing production costs. Human capital investments have the following advantages to labor productivity:
1)They enhance worker efficiency and production effectiveness. They allow for increased production volume and output.
2)They provide a greater return on investment when compared to any other investment in production.
3)They enhance workers' capabilities and promote their job satisfaction, which leads to greater employee retention.
4)Investment in human capital increases the capabilities and potential of the workforce. It results in workers being able to perform tasks better, create better quality products, work faster, and improve efficiency. By investing in human capital, companies are in a better position to increase profits, reduce costs, and achieve better outcomes. Therefore, the answer is human capital.
To learn more : https://brainly.com/question/29995985
#SPJ11
you have landed an interview with your dream company. because they are out of state, they asked to do the initial interview on video. how can you best prepare to ace your video job interview?
To prepare for a video job interview, be sure to dress professionally, have your resume on-hand, practice answers to common questions, and test your audio/video connection.
Have good lighting, choose a quiet space with a plain background, and be conscious of your body language. Before the interview, do research on the company to show you’re prepared.
During the interview, answer each question clearly and concisely, and make sure to maintain eye contact with the interviewer. After the interview, be sure to follow-up with a thank-you note to the interviewer.
Preparation is key to acing a video job interview, so set yourself up for success by making sure you’re organized and ready for the conversation.
To know more about eye contact click on below link:
https://brainly.com/question/29692485#
#SPJ11
An electronics store has a current inventory of 50 stereo systems. The lowest-priced stereo system in the store sells for $800, and the highest-priced stereo system sells for $3,000. Which of the following is the maximum amount of $3,000 systems on hand if the current inventory totals $111,000?
a. 30
b. 32
c. 35
d. 37
To find out the maximum amount of $3,000 systems on hand if the current inventory totals $111,000 is 35. Hence, option (c) is correct.
let's proceed with the following steps:
Step 1: Calculate the number of stereo systems that can be bought for $111,000.Maximum price stereo system = $3,000Lowest price stereo system = $800Total stereo systems = 50Let's calculate the number of stereo systems that can be bought for $111,000.\[\frac{{\$111,000}}{{\$800}} = 138.75\]Therefore, 138 stereo systems can be bought for $111,000.
Step 2: Calculate the number of $3,000 stereo systems that can be bought if the total number of stereo systems bought is 138. To find out the number of $3,000 stereo systems that can be bought if the total number of stereo systems bought is 138, we can use the following formula:\[3,000n + 800\left( {138 - n} \right) = 111,000\]On solving this equation, we get:n = 35.4 (approx)
Therefore, the maximum amount of $3,000 systems on hand if the current inventory totals $111,000 is 35. Hence, option (c) is correct.
For more such questions on inventory
https://brainly.com/question/25947903
#SPJ11
a local firm and the foreign firm investing together to create a local business is called a(n) blank . multiple choice question. import-export company countertrade agreement joint venture franchise partnership
A local firm and a foreign firm investing together to create a local business are called a Joint Venture.
A joint venture is a business association in which two or more businesses, typically based in different countries, cooperate to conduct a new company or project.
A joint venture is distinguished from a merger or acquisition since the businesses that join to form the joint venture typically retain their individual identities.
Joint ventures are often used by corporations to enter into new markets, gain access to new technologies, or reduce risk in particular areas.
A joint venture can provide access to local markets, distribution networks, and supply chains, and it may be less expensive than acquiring an existing business.
A local firm and the foreign firm investing together to create a local business is called a joint venture.
Learn more about joint ventures here:
https://brainly.com/question/9389546
#SPJ11
the speaker often refers to promises throughout the poem. what are they? question 2 options: o vows of love o confirmation of employment offers o party invitation responses o ballads
The speaker often refers to promises throughout the Poem. The promises referred to by the speaker in the poem are vows of love.
About the poemsThe poem is about love, promises, and broken hearts. Throughout the poem, the speaker addresses the issue of love and the promises made by a lover who eventually left.
The speaker talks about the promises of love that were made to her by her lover. He promises to love her forever, be with her always, and never leave her. However, despite his promises, he eventually leaves her heartbroken and in pain.
The poem emphasizes the power of promises and how they can impact a person's life. It also explores the idea of heartbreak and the pain it can cause. In conclusion, the promises referred to by the speaker in the poem are vows of love.
Learn more about poem at
https://brainly.com/question/12155529
#SPJ11
an auditor's documentation provides evidence of the work performed, the evidence evaluated, and the conclusions drawn. in reviewing an auditor's documentation, a supervisor or manager will review:
The supervisor or manager reviewing an auditor's documentation will review evidence of the work performed, the evidence evaluated, and the conclusions are drawn. This is to ensure that the auditor followed established auditing standards and that the audit was conducted in accordance with the agreed-upon audit plan.
What is an auditor's documentation?An auditor's documentation provides evidence of the work performed, the evidence evaluated, and the conclusions drawn by the auditor. Audit documentation includes audit plans, procedures, audit evidence, and other supporting documents, including correspondence relating to the audit. Audit documentation should provide a clear explanation of the auditor's work performed, audit evidence gathered and conclusions are drawn.
It also provides an audit trail that enables the auditor to demonstrate compliance with auditing standards, ethical principles, and professional requirements. In reviewing an auditor's documentation, a supervisor or manager will review the work performed, the evidence evaluated, and the conclusions are drawn. They will verify that the audit documentation is adequate, complete, and conforms to applicable auditing standards and guidelines. A supervisor or manager may also review the audit documentation to gain an understanding of the audit process and the quality of the audit work performed. They will determine if the auditor has appropriately identified and addressed significant risks, documented sufficient audit evidence, and reached appropriate conclusions based on that evidence.
Learn more about auditors here:
brainly.com/question/29785593
#SPJ11
Suppose that towns collect resources from their surroundings. Then, through trade, they attempt to obtain other desirable items. Mortarville, an urban town that specializes in brick and ore, wants wood to build roads so that it can expand and connect to other major cities. Mortarville has a willingness to pay $50 for wood, since wood is hard for them to obtain. Mayflair also needs wood to build grain silos for their wheat harvests. Mayflair is willing to pay $45 for wood. Timber, the only foresting company, sets the price of wood at $60.
The change in total surplus that arises due to trades between Timber and the towns is equal to zero.
John finds a set of wood in his garage which he is willing to sell for no less than $35. John chooses to sell the set to Mayflair for $40 instead of to Mortarville for $45. As a result of John's transaction with Mayflair, a. total surplus increased, and the market is efficient. b. total surplus decreased, but the market is efficient.
c. total surplus decreased, and the market is inefficient. d. total surplus increased, but the market is inefficient.
The correct answer is c. The total surplus decreased, and the market is inefficient.
John's transaction with Mayflair decreased the total surplus, as Timber's price of $60 was higher than both Morganville's and Mayfair's willingness to pay. The market is inefficient as John was able to sell the set of wood for $40, which was lower than Timber's price of $60.
c. total surplus decreased, and the market is inefficient. Explanation: John chooses to sell the set to May flair for $40 instead of to Mortarville for $45. As a result of John's transaction with Mayfair, the total surplus decreased and the market is inefficient.
When it comes to resource allocation, a market is effective when it allocates scarce resources to their most valued uses, resulting in the largest possible total surplus (total gains from trade).
It is said to be inefficient when the resources are not allocated to their most valuable uses, resulting in a loss of total surplus. Inefficiency in the market arises as a result of market failure, which can be caused by monopolies, externalities, asymmetric information, and public goods or common-pool resources.
You can read more about monopolies at https://brainly.com/question/13113415
#SPJ11
(Saving or Investment) is the source of the demand for loanable funds. As the interest rate falls, the quantity of loanable funds demanded (increases or decreases). Suppose the interest rate is 5.5%. Based on the previous graph, the quantity of loanable funds supplied is (greater or less) than the quantity of loans demanded, resulting in a (surplus or shortage) of loanable funds. This would encourage lenders to (raise or lower) the interest rates they charge, thereby (increasing or decreasing) the quantity of loanable funds supplied and (increasing or decreasing) the quantity of loanable funds demanded, moving the market toward the equilibrium interest rate of (what percent?).
Investment is the source of the demand for loanable funds. As the interest rate falls, the quantity of loanable funds demanded increases.
Investment refers to the allocation of resources, such as money, time, or effort, into assets or activities with the expectation of generating future returns or benefits.
Based on the previous graph, if the interest rate is 5.5%, and the quantity of loanable funds supplied is greater than the quantity of loans demanded, there is a surplus of loanable funds. This would encourage lenders to lower the interest rates they charge, thereby increasing the quantity of loanable funds supplied and decreasing the quantity of loanable funds demanded, moving the market toward the equilibrium interest rate.
Learn more about Investment here:
https://brainly.com/question/30105963
#SPJ12
musashi needs a loan and is speaking to several lending agencies about their interest rates and loan terms. he particularly likes his local bank because he is being offered a nominal rate of 6.00%. however, since the bank is compounding its interest quarterly, the loan will impose an effective interest rate of on his loan.
a. 6.136%
b. 6.450%
c. 5.995%
d. 6.319%
[tex]r = 1.015^{4 - 1}[/tex]6.136% is the effective interest rate on Musashi's loan due to quarterly compounding. The correct answer is A.
When calculating the effective interest rate (EIR) on a loan, the following formula is used:
[tex]r = (1 + ( 1 / n))^{n - 1}[/tex]
where:
r - the effective annual interest rate;
i - the nominal interest rate;
n - the number of compounding periods per year.
Musashi's loan's nominal interest rate is 6.00%, and it is compounded quarterly. As a result,
n=4, and i=6.00%.
Putting these values into the formula:
[tex]r = (1 + ( 6.00percent/ 4))^{4 - 1}[/tex]
[tex]r = (1 + 0.015))^{4 - 1}[/tex]
[tex]r = 1.015^{4 - 1}[/tex]
= 1.061357 - 1
= 0.061357
= 6.136%
Therefore, the effective interest rate (EIR) on Musashi's loan would be 6.136%. Answer is (A) 6.136%.
You can learn more about interest rate at
https://brainly.com/question/25793394
#SPJ11
unlike the classical economists, keynes asserted that
The Keynes argued that, in contrast to the Classical economists, the economy was intrinsically unstable. While Keynesian Economics (also known as neoclassical economics) is founded on the notion that if demand is insufficient to meet total output.
The governments should intervene with fiscal measures, classical economics emphasizes the free market and supply and demand. The long-term state of the economy, in which all workers and resources are employed, is shown by the classical model. The Keynesian Model explains what occurs in the short term during expansions and recessions when the economy is performing above or below its potential.
To learn more about economists, click here.
https://brainly.com/question/14299791
#SPJ4
The question is incomplete complete question is given below
Unlike the classical economists, keynes asserted that the economy was inherently unstable.
The majority of a facility manager's job is spent doing which of the following?
a. budgeting
b. forecasting
c. managing people
d. managing maintenance
The majority of a facility manager's job is spent "managing maintenance". Thus, Option D is correct.
Managing maintenance involves ensuring the smooth running of a facility's physical systems, overseeing repairs and upgrades, and implementing preventive maintenance programs to minimize downtime and extend the lifespan of equipment and infrastructure.
Facility managers are responsible for overseeing the physical assets and infrastructure of a building or facility, from HVAC systems and electrical systems to plumbing and security. Maintaining these systems requires constant attention and ongoing maintenance, and facility managers must be able to respond quickly to any issues that arise, whether through repairs or upgrades.
In addition to managing day-to-day maintenance tasks, facility managers must also develop and implement preventive maintenance programs to minimize downtime and extend the lifespan of equipment and infrastructure.
While budgeting, forecasting, and managing people are all important aspects of a facility manager's job, managing maintenance is the most time-consuming and critical responsibility. Therefore, option D is correct.
Learn more about Facility managers https://brainly.com/question/3772111
#SPJ11
What is the type of business tort that occurs when one business steals a competitor’s employee?
intentional infliction of emotional distress
trespass to contract
wrongful or tortious interference with contract
breach of contract
The type of business tort that occurs when one business steals a competitor's employee is called "wrongful or tortious interference with contract."
This occurs when a third party, in this case, the competitor, intentionally interferes with a contractual or business relationship between two parties, such as the employer and employee, causing one of the parties to breach the contract or business relationship. In this case, the competitor would have intentionally induced the employee to breach their employment contract with their current employer and work for them instead, causing harm to the current employer. This type of business tort can result in legal action against the interfering party and damages awarded to the harmed party.
To learn more about business click here
brainly.com/question/30955895
#SPJ4
an associate broker has fallen behind on child support payments with no plan in place to make up delinquent payments. in this case, the commission
If an associate broker falls behind on child support payments with no plan to make up the delinquent payments, the commission will most likely be garnished by a court order.
What is an associate broker?An associate broker is a real estate professional who has taken advanced courses and has completed the necessary experience requirements for a broker’s license. Associate brokers can work independently as real estate brokers, but they usually work under the supervision of a real estate broker. Commission on a real estate sale. A commission is a percentage of the sale price of a property that is paid to a real estate agent or broker.
Typically, the commission is split between the seller's agent and the buyer's agent, with the listing agent receiving a higher percentage because they are responsible for advertising and selling the property. The commission is usually paid at the closing of a real estate transaction. If an associate broker falls behind on child support payments with no plan to make up the delinquent payments, the commission will most likely be garnished by a court order.
Learn more about associate broker here: https://brainly.com/question/30726811
#SPJ11
GI of $125,000 and paid the following taxes this year. Calculate how much Janyce can deduct for taxes as an itemized deduction this year.
State income tax withholding $7,200
State income tax estimated payments 600
State income tax refund (applied to this year's tax) 800
State automobile tax (based on car's value) 1,900
itemized deduction?
GI of $125,000 and paid the following taxes this year. Janyce can deduct about $10,500 for the taxes as an itemized deduction this year.
What is the itemized deduction?Janyce has a GI of $125,000 and paid the following taxes this year: State income tax withholding of $7,200.
State income tax estimated payments of 600.
State income tax refund (applied to this year's tax) = 800
State automobile tax (based on car's value) = 1,900
Calculate how much Janyce can deduct for taxes as an itemized deduction this year.
To calculate the itemized deduction, you need to know the sum of all state and local taxes, including state and local income, sales, and property taxes, is 10,500. As a result, the amount she can deduct for taxes as an itemized deduction is 10,500.
Therefore, Janyce can deduct $10,500 for taxes as an itemized deduction this year.
Learn more about Taxes here:
https://brainly.com/question/16423331
#SPJ11
Suppose That The Borrowing Rate That Your Client Faces Is 9%. Assume That The Equity Market Index Has An Expected Return Of 13% And Standard Deviation Of 25%, That Rf - 58. Your Fund Manages A Risky Portfolio, With The Following Details: E(Rp) - 11%, P = 15%. What is the largest percentage fee that a client currently lending (y < 1) will be willing to pay to invest in your fund? What about a client who is borrowing ty> 17 (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 1 decimal place.)
y < 1
y > 1
The largest percentage fee that they would be willing to pay to invest in your fund is -1.7%.
For a client currently lending (y < 1), the largest percentage fee that they would be willing to pay to invest in your fund is 8.7%. This is calculated using the Security Market Line (SML):
SML = Rf + βp (E(Rm) – Rf)
where βp = 15% and Rf = 9%
SML = 9% + 15% (13% - 9%)
SML = 8.7%
For a client currently borrowing (y > 1), the largest percentage fee that they would be willing to pay to invest in your fund is -1.7%. This is calculated using the Security Market Line (SML):
SML = Rf + βp (E(Rm) – Rf)
where βp = 15% and Rf = 9%
SML = 9% + 15% (13% - 9%)
SML = -1.7%
Learn more about investment: brainly.com/question/27717275
#SPJ11
Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.9% (EAR)?A) $314,366
B) $471,549
C) $392,957
D) $432,000
The present value (PV) of Drew's inheritance is closest to Option C, $392,957, being the correct answer.
How to calculate the present value of Drew's inheritance?To calculate the present value of an annuity of Drew's inheritance using the following formula:
PV = R / (1 + i)nWhere R is the regular payment (in this case, $54,000), i is the effective annual interest rate (in this case, 8.9% or 0.89), and n is the number of payments.
Drew receives $54,000 every 3 months for the next two years, which is equivalent to 8 payments since there are 12 months in a year and payments are made every three months.
Plugging in the numbers, we get:
PV = $54,000 / (1 + 0.89)8 PV= 54,000 / (1.89)8 = $392,957 ← option C.Another question about present value in https://brainly.com/question/20813161
#SPJ11