After mortgages, the largest portion of household debt is made up of student loans.
Student loans are a significant component of household debt, particularly for individuals pursuing higher education. With the rising costs of tuition and other educational expenses, many students and their families rely on loans to finance their education. As a result, student loans have become a substantial portion of household debt.
They represent a long-term financial obligation that individuals carry even after completing their education. The burden of student loan debt can have a long-lasting impact on individuals' financial well-being and may affect their ability to save, invest, and make other major financial decisions. Therefore, after mortgages, student loans constitute the largest portion of household debt.
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Milltown Company specializes in selling used cars. During the month, the dealership sold 13 cars at an average price of $14,100 each. The budget for the month was to sell 11 cars at an average price of $15,100. Compute the dealership's sales price variance for the month.
The dealership's sales price variance for the month is: $13,000 unfavorable.
Sales price varianceUsing this formula
Sales price variance=(Budgeted sales -Actual sales)× Numbers of cars
Let plug in the formula
Sales price variance=(15100 - 14100) x 13
Sales price variance=$13,000 unfavorable
Therefore the dealership's sales price variance for the month is: $13,000 unfavorable.
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International trade is fundamentally a?
International trade is fundamentally a win win situation.
What is international trade?International trade is the process by which goods and services are traded between countries. People and countries have access to goods and services that are either unavailable or more expensive domestically because to global trade.
The exchange of money, goods, and services across international boundaries or regions is a result of a need or desire for certain commodities or services. The bulk of countries' gross domestic products benefit greatly from this trade.
The most common types of trade restrictions are tariffs, quotas, and nontariff barriers. In international trade, a tariff is an import tax imposed by the federal government that raises the price of the good for the customer. Often referred to as fees or import duties, tariffs usually begin by placing restrictions on certain goods.
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What have lenders established to protect borrowers from unlimited increases in the interest rate?
Borrowers are protected from unlimited increases in the interest rate, lenders establish " interest rate caps."
The first cap which is known as the periodic cap sets the amount of increase or decrease which is allowed in each adjustment period. The second cap which is known as overall or aggregate cap sets a maximum interest-rate increase over the lifespan of the loan.
An interest rate cap is a limit on the amount how much high an interest rate can rise on variable-rate debt. Interest rate caps can be fixed across all types of variable rate products. But these are commonly used in variable-rate mortgages only or in the specifically adjustable-rate mortgage loans only.
Interest rate caps can also have an overall limit on the interest for the loan and also be used to limit incremental increases in the rate of a loan.
Interest rate caps provide borrowers a good protection against the dramatic rate increases and it also provide a ceiling for maximum interest rate costs.
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By raising the discount rate, the fed leads banks to make _________ loans to households and firms, which will _________ checking account deposits and the money supply.
By raising the discount rate, the fed leads banks to make fewer loans to households and firms, which will decrease checking account deposits and the money supply. In a discounted cash flow (DCF) analysis, the discount rate is the interest rate that is used to calculate the present value of future cash flows.
This aids in determining whether the cash flows from a project or investment will be more valuable than the capital expenditure required to fund it in the present. For instance, if an investor invests $1,000, they anticipate a 10% return after a year. In that instance, 10% should be used as the discount rate.
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The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as
The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".
What is forced ranking?The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.
The problem with forced ranking are-
This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.The forced rankings beneficial from an employee perspective, here are reasons-
This system teaches a manager how to assess employees objectively with the right management training. When the management system needs to be improved or formalised, forced rankings are advantageous. An essential component of business is analysing trends and developments.To know more about example of forced ranking, here
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Several times during the winter, supervisor Clyde goes ice fishing with Bubba, one of the workers in his department. After fishing they often have a few beers together. When it comes time for Clyde to write a performance evaluation of Bubba, Clyde faces the ethical dilemma of ________.
Several times during the winter, supervisor Clyde goes ice fishing with Bubba, one of the workers in his department. After fishing they often have a few beers together. When it comes time for Clyde to write a performance evaluation of Bubba, Clyde faces the ethical dilemma of conflict of interest.
An ethical dilemma is what?Any alternative that requires the agent to violate or compromise on their ethical norms presents an ethical problem in a decision-making situation.
We note that the following three characteristics can be used to categorize ethical dilemmas:
The agent must have a decision to make or be given an option.There must be multiple options open to the agent.The agent understands that every option forces them to give up some personally held ethical principle or value.Ethics are inherently contradictory, hence they do give rise to ethical problems. Employees may encounter situations where lying or breaching the law appears to serve other vital goals like increasing pay or avoiding layoffs.
What kinds of ethical dilemmas are there?
In the course of carrying out their tasks and obligations, agents may run across a variety of ethical problems, including the following:
Epistemic conundrumsSelf-imposed conundrumWorld-imposed conundrumA conflict of obligationProhibition conundrum.Learn more about the ethical dilemma with the help of the given link:
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________ supply chain decisions are made affecting how products are developed, manufactured, moved, and sold.
Hundreds of times each day supply chain decisions are made affecting how products are developed, manufactured, moved, and sold.
Supply chain. It consists of all parties directly or indirectly involved in the procurement of products or raw materials. Supply chain management (SCM) involves managing the flow of information between stages in the supply chain to maximize the effectiveness and profitability of the entire supply chain.
Decision stages can be defined as different stages of supply chain management for making actions or decisions related to a product or service. Successful supply chain management requires decisions about the flow of information, products, and money, which fall into three decision phases.
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The definition of Blank______ states: the difference between money coming into a country (from exports) and money leaving the country (from imports) plus money flows coming into or leaving a country from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
The definition of Balance of Payments states:
The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
What is Balance of Payments ?The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.
Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.
A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.
Thus, we can say that above definition state Balance of Payments.
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______ is paid communication with potential customers in a public medium, such as newspapers and television.Group of answer choicesJournalism
Advertising is paid communication with potential customers in a public medium, such as newspapers and television
This is further explained below.
What is Advertising?Generally, the activity of generating ads for commercial items or services, either as a job or as a hobby.
In conclusion, Advertising is the exchange of money for the use of a public medium, such as newspapers or television, to communicate with prospective clients.
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What can happen if the framework you choose as a foundation does not fit your organization’s business objectives?
It will lead to wasting money, time, effort and resource.
A business objective is a quantifiable result that a firm wishes to achieve. Many business professionals use the SMART goal strategy, which stands for specified, measurable, attainable, relevant, and time-bound goals.
If a framework that does not match the company is chosen, the organization is always at danger of being a victim of a security assault or a breach that exploits the revealed vulnerabilities in the system.
Therefore, the answer is wasting money, time, effort and resource.
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Dinklage corp. has 6 million shares of common stock outstanding. the current share price is $84, and the book value per share is $5. the company also has two bond issues outstanding. the first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. the second issue has a face value of $130 million, a coupon rate of 4 percent, and s
The answers to the questions are given below.
A. The company's capital structure weights on a book value basis are:
Equity = 9.84%Debt = 90.16%B. The company's capital structure weights on a market value basis are:
Equity = 64.55%Debt = 35.45%What is the calculations about?A. The company's capital structure weights on a book value basis are:
Firm's Outstanding common stock = 6 million shares
Current share price = $84
Book value per share = $5
Hence, Total equity book value = $30 million (6,000,000 x $5)
Total equity market value = $504 million (6,000,000 x $84)
First bond's face value = $145 million
Coupon rate = 5%
Selling price = 95% of par
Market value of first bond = $145 x 95%
= $137.75 million
The Second bond's face value = $130 million
Coupon rate = 4%
Market value = $130 x 107% = $139.1 million
Total market value of bonds = $276.85 million ($137.75 + $139.1)
Book value of bonds = $275 million ($145 + $130)
Therefore, the company's capital structure by book value:
Equity = $30 million
Debt = $275 million
So, Total firm's value = $305 million
Hence:
Equity = $30/$305 x 100 = 9.84%
Debt = $275/$305 x 100 = 90.16%
B. Hence company's capital structure by market value:
Equity = $504 million
Debt = $276.85 million
Total firm's value = $780.85 million
Therefore:
Equity = $504/$780.85 x 100 = 64.55%
Debt = $276.85/$780.85 x 100 = 35.45%
See full question below
Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $84, and the book value per share is $5. The company also has two bond issues outstanding. The first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. The second issue has a face value of $130 million, a coupon rate of 4 percent, and sells for 107 percent of par. The first issue matures in 24 years, the second in 9 years. Both bonds make semiannual coupon payments.
Required:
a. What are the company's capital structure weights on a book value basis?
b. What are the company's capital structure weights on a market value basis?
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For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should:______
For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.
Seller must apply different estimation methods which are consistent to similar circumstances of the not availability of stand alone price.
Different methods which can be used for estimating the stand-alone selling price of a good or service include the following:
Expected cost plus margin
Adjusted market assessment
Residual value.
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Household production, such as baking bread at home, is not included in gdp because it:.
Household production, such as baking bread at home, is not included in GDP because it is not a market transaction.
What transactions are included in GDP?The total private and public consumption, government expenditures, investments, increases in private inventories, paid-in building expenses, and the foreign balance of trade are all included in the computation of a nation's GDP. (Imports are deducted from the amount while exports are added.)
Moreover, these are intermediate goods that are not included in GDP.
Why are intermediate not included in GDP?When calculating the gross domestic product, economists do not include intermediary products (GDP). The market worth of all finished products and services generated in the economy is gauged by GDP. These items would be tallied twice, thus they are not included in the computation.
Therefore, baking bread at home is not included in GDP because it is not a market transaction.
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Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead. Cost of Goods Sold and Work in Process Inventory. Work in Process Inventory and Finished Goods Inventory. Cost of Goods Sold and Finished Goods Inventory. Finished Goods Inventory and Work in Process Inventory.
Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
What is indirect labor?
Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.
Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.
Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
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How the investment will affect your tax situation is referred to as consequences?
Answer: Tax
Explanation:
The seller reviews and signs the offer at 6:00 pm Saturday. She texts her acceptance to her broker. The broker does not read the text until 7:00 am Sunday, and then immediately forwards it to the buyer's broker. Meanwhile, the buyer changes her mind and texts a withdrawal of the offer directly to the seller. A few minutes later, the seller's broker texts the original notice of acceptance to the seller. Is there a binding contract?
No, there is no binding contract because the withdrawal of the offer was made and communicated to the seller before the buyer was notified of the acceptance.
Contract, within the simplest definition, is a promise enforceable by law. The promise can be to do something or to refrain from doing something. The making of an agreement requires the mutual assent of or more persons, one of them normally making an offer and some other accepting.
Offer and acceptance are commonly recognized as vital requirements for the formation of an agreement, and evaluation in their operation is a traditional approach in agreement regulation. The offer and recognition method, advanced in the 19th century, identifies a second formation while the parties are of one mind.
Any change to an offer creates a new offer, referred to as a "counteroffer." Like a proposal, a counteroffer can be withdrawn by the seller at any time before it is signed via the purchaser and the signed attractiveness is brought back to the seller or his agent.
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Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to ______.
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
Why is company with high earning potential sought for?Companies with high earnings potential have the capability to manage their company.
Banks and other agencies look to working with them because they have a viable business tat brings in money from where they can also get their own share if they invest with them.
Therefore,
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
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What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount of labor necessary to produce them?
If the coffee shops began using a machine that reduced the amount of labor necessary to produce them then the equilibrium price of the lattes would decrease, and the equilibrium quantity of lattes would increase.
Production of lattes requires a quite amount of labor but, when coffee machines are used for the production of lattes, it will increase the production of lattes. Therefore when machines are used the production of lattes increases which inturn will lead to an increase in the supply of the lattes. By this the cost of producing lattes will decrease because of lower use of labor, the supply of latte production will also increase. By this, the supply curve for latte production will be shifted towards right which will lead to a decrease in the price of lattes and an increase in the quantity of lattes.
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An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a
An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a Sweezy.
Instead than collecting prices from the market, companies in an oligopoly determine pricing, whether collectively—in a cartel—or under the direction of one enterprise. As a result, profit margins are greater than they would be in a market with greater competition.Reduce their costs. Small enough for actions made by one firm to have a big impact on those made by other companies in the same industry.
What means oligopoly?An oligopoly is a market characterized by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.
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Discuss libraries/modules in python. How do you use libraries/modules of interests in your project? how open source community/culture get benefits on this?
A Python library is a collection of modules and packages.
A Python library contains bundles of code that can be used repeatedly in different programs. Through this Python Programming becomes simpler and convenient for the programmer. As we don't need to write the same code again and again for different programs.
As Python is developed under an OSI-approved open source license which makes it freely usable and distributable, even for commercial use.
Python is an open source programming language that was made to be easy to read and powerful. In Python, a program called an interpreter runs Python code on almost any kind of computer.
Hence, the answer was given and explained above.
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In the event an employee does defraud a customer, a company can reduce its liability in a number of ways, including?
The company can reduce its liability in several ways, including setting up a whistleblower hotline
What is a whistleblowing hotline?
Employees and others can use a whistleblowing hotline (also known as a whistleblowing system) to report workplace misconduct and illegal or unethical behavior. A telephone-based reporting service was historically referred to as a "whistleblowing hotline."
How effective are whistleblower hotlines?
Tips make up more than half of all fraud detection in businesses with an internal hotline, compared to only one-third in those without one. Notably, when a business doesn't provide a hotline, the likelihood of uncovering fraud "by mistake" more than doubles.
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In theory, preparing the initial budget is the responsibility of the ––––––––––––– and the legislature. in practice, preparing the budget is primarily the responsibility of the ––––––––––––– .
In theory, preparing the initial budget is the responsibility of the governor and the legislature. in practice, preparing the budget is primarily the responsibility of the legislature.
An assembly with the power to enact laws for a political unit, such as a nation or city, is known as a legislature. They are frequently put in opposition to the government's executive and judicial branches. Primary legislation is the term used to describe laws passed by legislatures.
The total income available to spend should be the biggest consideration when planning a budget. It is a great way to track expenditures and also organises your finances. A budget is a plan that helps to make sure that one does not run out of money by ensuring a proper estimation of income and expenditures.
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Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of:_________
Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of each shareholder.
Who is a shareholder?
This is the term that is used to refer to a person that has a substantial share in the company or ion a business.
Although the person has the share in the business, their names would not have to appear in the articles of incorporation of the business.
The person whose name is likely to appear here is that of the person that actually owns this business.
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Wang co. manufactures and sells a single product that sells for $420 per unit; variable costs are $231 per unit. annual fixed costs are $909,000. current sales volume is $4,220,000. compute the contribution margin per unit.
The contribution margin per unit is 4809.52.
What is the contribution margin?Contribution margin is the level of output at which revenue would equal zero.
Contribution margin = fixed cost / (price - variable cost)
909,000 / (420 - 231)
909,000 / 189 = 4809.52
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Which two business and technical challenges does implementing virtualization within a data center help businesses to overcome?
Two technical and business challenges include physical footprint as well as the power and air conditioning at the data center.
Initially, only one server was built within one machine with one operating system only . The server also required power and a cool environment, also a method of backup is required.
Virtualized servers always require more compatible and robust hardware than a standard machine because a computer or server which has been installed in a virtual machine commonly shares hardware with more than one servers and operating systems.
By placing more than one servers within the same physical case, more space is saved.
The proper licenses for operating virtual systems or applications or both is always required and also need the proper security applications and settings applied on them.
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The 7.5 percent preferred stock of Rock Bottom Floors is selling for $60 a share. What is the firm's cost of preferred stock if the tax rate is 35 percent and the par value per share is $100
The firm's cost of preferred stock is (C) 8.93%.
What are preferred stocks?Preferred stock (also known as preferred shares, preference shares, or simply preferreds) is a type of share capital that can include any combination of attributes not found in common stock, such as the characteristics of both an equity and a debt instrument, and is thus considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of the claim (or rights to their share of the company's assets, provided such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in dividend payment and liquidation.To find the firm's cost of preferred stock:
Rp = (.075 × $100)/$84 = .0893,
= 8.93%
Therefore, the firm's cost of preferred stock is (C) 8.93%.
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Complete question:
The 7.5 percent preferred stock of Rock Bottom Floors is selling for $84 a share. What is the firm's cost of preferred stock if the tax rate is 35 percent and the par value per share is $100?
(A) 10.79 percent
(B) 8.13 percent
(C) 8.93 percent
(D) 7.50 percent
(E) 9.14 percent
According to the law of supply,
Answer:
whats da question
Explanation:
The keynesian model:_____.
a. takes into account individual business decisions.
b. is a dynamic model.
c. is a pedagogical model.
d. begins with individual decisions.
The keynesian model is vtakes into account individual business decisions.
Keynesians consider that, because fees are truly rigid, fluctuations in any aspect of spending intake, funding, or government fees purpose output to trade. If authorities spending increases, for example, and all other spending components continue to be constant, then output will boom.
Keynes proposed that the authorities spend more money and reduce taxes to turn a price range deficit, which might increase client demand in the economy. this will, in flip, lead to an growth in average economic pastime and a discount in unemployment.
keynesian economics a form of call for-aspect economics that encourages authorities action to growth and decrease demand and output. demand side economics. the idea that authorities spending and tax cuts help an financial system through raising call for.
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The ROI calculation will indicate: Select one: a. the overall quality of a company's earnings. b. the invested capital generated from each dollar of income. c. the sales dollars generated from each dollar of income. d. the percentage of each sales dollar that is invested in assets. e. how effectively a company used its invested capital.
The ROI calculation will indicate (C) how effectively a company used its invested capital.
What is ROI?Return on investment, often known as return on costs, is a ratio of net income to investors. A high ROI indicates that the benefits of the investment outweigh the costs. ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.What is ROI calculation?A computation that compares the monetary value of an investment against its cost. (profit minus cost) / cost is the ROI formula. If you earned $10,000 from a $1,000 investment, your return on investment (ROI) would be 0.9, or 90%. This is commonly obtained by using an investment calculator.The ROI calculation will show how well a business utilizes its invested capital.As the description says, the ROI calculation will show how well a business utilizes its invested capital.
Therefore, the ROI calculation will indicate (C) how effectively a company used its invested capital.
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Complete question:
The ROI calculation will indicate:
A. the percentage of each sales dollar that is invested in assets.
B. the sales dollars generated from each dollar of income.
C. how effectively a company used its invested capital.
D. the invested capital generated from each dollar of income.
E. the overall quality of a company's earnings.
Spence recently graduated from high school. He is learning to be a drywaller by working with Phillip, who has more than a decade of experience in the trade. After several years, Spence expects to apply for jobs in the field on his own, then, one day, perhaps start his own business. Spence's current training exemplifies:
Answer:
an apprenticeship
Explanation: