Apple's Financial Technology
Definition: Explain your selected technology. What is it? How does it work? What is its purpose?
Answers
Ap-ple's Financial Technology is the ability of Ap-ple Inc to enable its customers to make payment transactions through Ap-ple devices. Ap-ple Pay is a mobile payment and digital wallet service that allows users to pay for purchases using an iPh-one, App-le Watch, iP-ad, or M-ac.
Ap-ple Pay's technology uses the following process to complete transactions:
Customer add their card information to the Ap-ple Wallet application.
Ap-ple Pay sends a message to the customer's bank to verify the card details.
When a transaction is made, A-pple Pay uses a secure, one-time payment code to process it. The payment code replaces the customer's card details, so their personal information is not transmitted to the merchant.
Ap-ple Pay has multiple benefits, including convenience and security. Users can quickly pay for goods and services with their devices, without having to carry around cash or cards. Additionally, App-le Pay does not store any user information on the device or on A-pple's servers, making it more secure than traditional payment methods.
Furthermore, App-le Pay's technology works with most major credit and debit cards, making it accessible to a wide range of users. App-le Pay is also available in many countries around the world, making it a global payment solution.
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Related Questions
List the five (5) Traits of an Entrepreneur 1. 2. 3. 4. 5.
Answers
Answer:
Passion. For those uninitiated, entrepreneurs are not in it for the money. ...
Resilience. ...
Strong Sense of Self. ...
Flexibility. ...
Vision.
Explanation:
Resolute motivation and passion. The first and foremost quality of a successful entrepreneur is passion. ...
Self-discipline. This is one of the most essential characteristics of a successful entrepreneur. ...
Risk-taking ability. ...
Creative thinking. ...
Persistence.
According to the graph above, if the price of coffee falls while the consumer is in equilibrium at point a, which of the following will occur?
a) The indifference curve shifts to the right
b) Consumer balance does not change.
c) The budget line shifts. to the right only on the horizontal axis.
d) The consumer can buy more shoes with all of his income.
Answers
hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
Wich of the following accounts is credited after the sale of a fully depreciated asset
Answers
Answer:
Relevant asset account is credited
In the calculation of the CPI, teas is given greater weight than beer if
Answers
Hope it helps!
Which one of the following is NOT one of the four product characteristics that R&D can set?
A. reliability
B. performance
C. quality
D. age
E. size
Answers
Answer: Quality
Explanation: Not too sure but give it a try
How do you find the crossover rate of two projects?
Answers
The crossover rate of two projects refers to the discount rate at which the net present value (NPV) of the cash flows from the two projects becomes equal. It represents the point at which the projects' profitability or attractiveness is the same.
To find the crossover rate of two projects, you can follow these steps:
Identify the cash flows: Determine the cash flows associated with each project over their respective lifespans. Cash flows can include initial investments, operating cash flows, salvage values, and any other relevant inflows or outflows.
Calculate the NPV: Calculate the net present value (NPV) of the cash flows for each project using a range of discount rates. The NPV is computed by discounting future cash flows to their present value using the chosen discount rate. Use a consistent set of cash flow projections and discount rates for both projects.
Identify the discount rate range: Determine a range of discount rates within which the crossover rate is expected to lie. It should cover rates that are feasible and relevant to the projects and their industry.
Perform trial and error: Start with a discount rate in the chosen range and calculate the NPV for both projects. Gradually adjust the discount rate up or down and recalculate the NPV until the NPVs of both projects converge or become equal.
Refine the search: Once you find two discount rates where the NPVs of the projects are close but not equal, refine your search by using smaller increments around those rates. Continue the trial and error process until you find the discount rate at which the NPVs of both projects are equal or nearly equal.
Determine the crossover rate: The discount rate at which the NPVs of the two projects become equal is the crossover rate. This rate signifies the point of indifference between the two projects, where they have equal profitability or value.
Finding the crossover rate requires iterative calculations and may involve using software, spreadsheets, or financial calculators to speed up the process. It's important to ensure that the cash flow projections and discount rates used are accurate and consistent for reliable results.
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The following table lists the components needed to assemble an end item. Assume there is no on-hand inventories.
Item Direct Components
End item L(2), C(5), K(5)
L B(4), J(3)
C G(2), B(5)
K B(4)
B J G If 18 units of the end item are to be assembled, how many units of component B are needed?
Input should be an exact number.
Answers
To assemble 18 units of the end item, you would need 810 units of component B. Option B
To determine the number of units of component B needed to assemble 18 units of the end item, we need to analyze the bill of materials provided in the table. The first line of the bill of materials shows that we need 2 units of component G and 5 units of component B to assemble one unit of the end item.
The second line shows that we need 1 unit of component J and 1 unit of component B to assemble one unit of the end item. The third line shows that we need 1 unit of component G to assemble one unit of the end item.
To calculate the total amount of component B needed to assemble 18 units of the end item, we need to multiply the quantity of component B required for each unit of the end item by the total number of end items being assembled.
Using the bill of materials provided, we can see that each unit of the end item requires 5 units of component B (from the first line) and 1 unit of component B (from the second line), for a total of 6 units of component B per unit of the end item.
Therefore, to assemble 18 units of the end item, we need 6 x 18 = 108 units of component B. In summary, to assemble 18 units of the end item, we need 108 units of component B.Option B
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a movement upward and to the left along a given demand curve is called a decrease in demand. true false
Answers
False, A movement upward and to the left along a given demand curve is called a decrease in quantity demanded, not a decrease in demand.
A decrease in demand means that the entire demand curve shifts to the left, indicating that consumers are willing to buy less of a product at every price level. This could be caused by various factors such as a decrease in consumer income or a shift in consumer preferences.
On the other hand, a decrease in quantity demanded is caused by a change in the price of a product. When the price of a product increases, consumers are willing to buy less of it, resulting in a movement up and to the left along the demand curve. Conversely, when the price of a product decreases, consumers are willing to buy more of it, resulting in a movement down and to the right along the demand curve.
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Matheson Electronics has just developed a new electronic device which, when mounted on an automobile, will tell the driver how many miles the automobile is traveling per gallon of gasoline.
The company is anxious to begin production of the new device. To this end, marketing and cost studies have been made to determine probable costs and market potential. These studies have provided the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost 315,000 and have a 12 -year useful life. After 12 years, it would have a salvage value of about 15,000 . b. Sales in units over the next 12 years are projected to be as follows: c. Production and sales of the device would require working capital of 60,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for 35 the following; variable costs for production, administration, and sales would be 15 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total 135,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising program would be: g. The company's required rate of return is 14% .
Required:
(Ignore income taxes.)
(a) Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the device for each year over the next 12 years.
Answers
John need to invest $16393.44 with the process of simple interest.
What is simple interest?Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%principal + interest = $40000
Time = 12 years
Simple interest = \(\frac{p \times 12 \times 12}{100}\\=1.44p\)
Now principal + interest = 40000
\(\frac{p \times 12 \times 12}{100}\\=1.44pNow principal + interest = 40000\Rightarrow p+1.44p=40000\\\Rightarrow 2.44p=40000\\\Rightarrow p=\frac{40000}{2.44}\\\Rightarrow p= 16393.44\)
Therefore, John need to invest $16393.44.
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William wrote a check for $150.00 for his gas bill, but he only has 96.26 in his checking account. What will happen to the check when it is presented for payment
Answers
Answer:
The person will ask William to check his checking account and then William would have to lower the check amount he had previously wrote.
Explanation:
If you write a check or make a purchase for more than you have in your checking account, your bank may cover the difference. This line of credit offered by the bank is called overdraft protection. ... Furthermore, if your account remains overdrawn, your bank may also charge you daily interest on the loan.
why would the owner of the following company decide not to produce and sell the fourth unit, even though it adds less to costs than the price he could get for it?
Answers
The owner of the company may decide not to produce and sell the fourth unit due to various economic factors, despite its marginal cost being lower than the price it could fetch in the market. One key factor is diminishing marginal returns, which implies that as more units are produced, the marginal benefit of each additional unit begins to decline. In this case, the company owner may believe that the overall benefit of producing the fourth unit is not significant enough to justify its production.
Additionally, the company owner may also be considering opportunity costs. Allocating resources towards the production of the fourth unit could mean diverting resources from other potentially more profitable ventures. Therefore, the owner might prioritize those projects over the fourth unit's production, which may have a higher overall return on investment.
Furthermore, the company may face capacity constraints or resource limitations, making it challenging to maintain consistent production quality with the addition of the fourth unit. The owner might choose to focus on maintaining the quality of the existing three units instead of expanding production and potentially compromising the company's reputation.
In conclusion, the decision not to produce and sell the fourth unit, even though it adds less to costs than the price it could get for it, can be attributed to various economic factors such as diminishing marginal returns, opportunity costs, and capacity constraints. These considerations help the company owner make strategic decisions to maximize profits and maintain product quality.
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Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?
A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.
Answers
A.
She values a consistent focus on knowing and completing her daily tasks.Answer:
Explanation:
Introduce CTEVT in short.
Answers
Answer:
The Council for Technical Education and Vocational Training (CTEVT) constituted in 1989 (2045 BS) is a national autonomous body of Technical and Vocational Education and Training (TVET) sector committed for the production of technical and skillful human resources required to the nation.
Expenses that need to be paid before a new business can open are called _____.
operating expenses
ending inventory
start-up costs
beginning inventory
Answers
Answer:
start-up costs
Explanation:
Hopefully that helps.
Answer:
Start Up Costs
Explanation:
Im taking a business major this is the right answer
if a perfectly competitive firm wishes to maximize profits and is producing where price exceeds both marginal cost and average variable cost, then the firm is
Answers
If a perfectly competitive firm wishes to maximize profits and is producing where price exceeds both marginal cost and average variable cost, then the firm is Producing too little output.
What is a Competetive Firm?A completely competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount over the going rate.
Consumer rivalry is fueled by a competitive market. This implies that consumers compete with one another for an item or service, particularly when stock is low. For instance, when buying tickets to a sporting event or concert, customers frequently compete to get the finest seats.
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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
Answers
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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Can ah budget include donations to charities
Answers
Answer:
A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.
What does the curved line on this position vs speed graph indicate
Answers
Answer:
if the velocityis changing,then the slope is changing
Explanation:
thx
What is the primary accounting standard-setting body in the united states?.
Answers
Answer:
the financial accounting standard board
Drag each label to the correct location on the image.
Match the activities with the relevant accounting principles.
a document backs a
transaction
a practice eliminates the
bias of the accountant
a company maintains the
same accounting practices
across accounting periods
an auditor approves
the authenticity of a
transaction
/ Objectivity
/ Consistency
Answers
Here is the correct matching:
a document backs a transaction - Objectivitya practice eliminates the bias of the accountant - Objectivitya company maintains the same accounting practices across accounting periods - Consistencyan auditor approves the authenticity of a transaction - ObjectivityWhat are these accounting principles.In accounting, objectivity is the principle of relying on verifiable evidence and eliminating personal bias. This includes having supporting documents for transactions and ensuring that auditors assess authenticity without bias.
Consistency is another principle that requires maintaining the same accounting practices across periods to allow for meaningful comparisons. These principles contribute to accurate and reliable financial reporting.
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You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:
a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.
Answers
Societies make decisions about what type of goods to produce by:
O A. determining which good is the scarcest.
O B. considering their people's wants and needs.
O c. differentiating between physical and human capital.
D. choosing which factor of production is most important.
Answers
Answer:considering their people wants and needs
Explanation:
Societies make decisions about what type of goods to produce by considering their people's wants and needs. The correct option is b.
What do you understand by the term goods?Goods are items that satisfy human wants and provide utility, for example, to a consumer purchasing a satisfying product. A common distinction is made between transferable goods, and services, which are not transferable.
A good is an economic good if it is useful to people but scarce about its demand so that the human effort is required to obtain it. In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, and almost anything owned or used daily that is not food-related.
A consumer good or final good is any item that is ultimately consumed, rather than used in the production of another good.
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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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requiring red-tape-intensive import licenses for certain categories is an example of a(n):
Answers
Requiring red-tape-intensive import licenses for certain categories is an example of a trade barrier.
Trade barriers are government-imposed measures that restrict the flow of goods and services between countries. They can take various forms, including tariffs (taxes on imported goods), quotas (limits on the amount of goods that can be imported), and non-tariff barriers (such as technical standards, import licenses, or subsidies). Import licenses are a type of non-tariff barrier that require businesses to obtain permission from the government before importing certain goods into a country. They can be used to regulate the quality, safety, or environmental impact of imported goods, or to protect domestic industries from foreign competition. However, they can also create unnecessary red tape, delay shipments, and increase the costs of doing business. Import licenses are one example of the many types of trade barriers that countries may use to manage their international trade relationships.
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After listing a home with a broker, the seller told the broker NOT to disclose a major structural defect in the house. What should the broker do
Answers
Answer:
he should not disclose a major structural defect in the house
He said," I don't like you" change in indirect speech
Answers
Answer:
whether'.
Explanation:
what is money????????
Answers
Money is a currency that is currently in use and is made up of both coins and banknotes. Thus option (B) is correct.
What is money?Money is a trade good accepted by general consent as a medium of economic conversation. It is the medium in which prices and values are expressed. It flows from person to person and country to country, making trade, and it is the debt measure of wealth. Money is any good that is widely used and accepted in written accounts involving the transfer of goods and divine service from one person to another.
Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from person to person and country to country, allowing trade.
Therefore, Thus option (B) is correct.
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(look at the graph)
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
Answers
Answer:
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.
For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.
A) The terms of trade will be advantageous for Luxland because, according to the graph, it can produce only one chip for Pretzel.
However, If it decides to trade, it would accrue a gain of 3 additional chips under the 4 chips to 1 Preztel arrangement.
B) Already, Leanderland gets 1 chip for 4 pretzels. Therefore, it will be disadvantageous for it to accept 4 chips for 1 pretzel trade arrangement. The above question seeks to highlight the comparative advantages of Leanderland and Luxland.
What is Comparative Advantage?When an economy or country has the ability to manufacture a good or service at a lower opportunity cost than its trading partners, it is said to have a comparative advantage. In the graph above, Luxland has a comparative advantage with the production of Chips.
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brisco bricks purchases raw material from its foreign supplier, bolivian clay, on may 8. payment of 2,000,000 foreign currency units (fc) is due in 30 days. may 31 is brisco's fiscal year-end. the pertinent exchange rates were as follows: how much foreign exchange gain or loss should brisco record on may 31? $2,520,000 gain. $20,000 gain. $20,000 loss. $80,000 gain. $80,000 loss.
Answers
Brisco bricks purchase raw materials from its foreign supplier, Bolivian clay, on May 8. payment of 2,000,000 foreign currency units (FC) is due in 30 days. Brisco should record $5,000 gain.
What are foreign currency units?Generally, To determine the foreign exchange gain or loss that Brisco should record on May 31, you will need to compare the payment due on May 8 to the payment that Brisco actually made on May 31, using the exchange rates on those dates.
If the payment due on May 8 was 2,000,000 foreign currency units (FC) and the exchange rate on May 8 was $1.00 = 100 FC, then the payment due in US dollars would be 2,000,000 FC / 100 FC/$1.00 = $20,000.
If the exchange rate on May 31 was $1.00 = 80 FC, then the payment due on May 31 in US dollars would be 2,000,000 FC / 80 FC/$1.00 = $25,000.
Therefore, the foreign exchange gain or loss that Brisco should record on May 31 is $25,000 - $20,000 = $5,000 gain.
So the correct answer is: $5,000 gain.
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