After 12 years, the total balance will be $1,307,212.63. To end up with a zero balance upon your death, you can withdraw $126,628.52 per year for 18 years after retirement.
To find the future value of the savings account and stocks, we can use the formula for the present value of an annuity:
\($PV = C \cdot \frac{(1 - (1 + r)^{-n})}{r}$\)
where PV is the present value of the annuity, C is the regular payment made at the end of each period, r is the interest rate per period, and n is the number of periods.
For the savings account, we have:
PV = $110,000
C = $10,000 for the first 6 years, then $20,000 for the next 6 years
r = 4% per year
n = 12 years
Using the formula, we get:
\(PV = $110{,}000 + $10{,}000 \cdot \frac{(1 - (1 + 0.04)^{-6})}{0.04} + $20{,}000 \cdot \frac{(1 - (1 + 0.04)^{-6})}{0.04} \cdot (1 + 0.04)^6$\)
PV = $110,000 + $71,029.51 + $187,777.09
PV = $368,806.60
So after 12 years, the savings account will have a balance of $368,806.60.
For the stocks, we have:
PV = $330,000
r = 9% per year
n = 12 years
Using the formula, we get:
\(PV = $330,000 \times (1 + 0.09)^{12\)
PV = $938,406.03
So after 12 years, the stocks will have a balance of $938,406.03.
Adding the balances of the savings account and stocks, we get the total balance after 12 years:
Total balance = $368,806.60 + $938,406.03
Total balance = $1,307,212.63
Therefore, after 12 years, the total balance will be $1,307,212.63.
b. To find the annual withdrawal amount, we can use the formula for the present value of an annuity:
\($PV = C \cdot \frac{(1 - (1 + r)^{-n})}{r}$\)
where PV is the present value of the annuity, C is the regular payment made at the end of each period, r is the interest rate per period, and n is the number of periods.
In this case, we want to find the withdrawal amount such that the total withdrawals over 18 years will equal the balance at retirement, which is the total balance we calculated in part a: $1,307,212.63. We can use a trial-and-error method to find the withdrawal amount that satisfies this condition.
Let x be the annual withdrawal amount. Then the present value of the annuity is:
\($PV = x \cdot \frac{(1 - (1 + 0.07)^{-18})}{0.07}$\)
Setting PV equal to the total balance, we get:
\($1{,}307{,}212.63 = x \cdot \frac{(1 - (1 + 0.07)^{-18})}{0.07}$\)
Solving for x, we get:
\(x = \frac{1{,}307{,}212.63}{\frac{(1 - (1 + 0.07)^{-18})}{0.07}}$\)
x = $1,307,212.63 / 10.31563
x = $126,628.52 (rounded to the nearest cent)
Therefore, you can withdraw $126,628.52 per year for 18 years after retirement to end up with a zero balance upon your death.
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Which statement about earnings and education is most true?
Answer:
graduates with a professional degree always earn more than others
Answer: College graduates often earn 50 percent more per year than high school graduates
Explanation: because
Let (X1, X2, X3, X4) be a random sample from a population characterized by random
variable X. Let μ= E(X) and o² = Var(X).
(a) A researcher proposes Z = 0.1X, +0.2X2 +0.3X3 +0.4.X, as an estimator of μ. Is this estimator unbiased? (Explain).
(b) Calculate Var(Z) in terms of o2.
(c) Use the properties of covariance to calculate Cov(X + 2X2, X1) in terms of o².
(a) The estimator Z = 0.1X1 + 0.2X2 + 0.3X3 + 0.4X4 is unbiased if the expected value of Z is equal to μ, the true population mean. To determine if Z is unbiased, we need to calculate E(Z) and check if it equals μ.
(b) To calculate Var(Z) in terms of o², we need to use the properties of variance. Since Z is a linear combination of the random variables X1, X2, X3, and X4, we can use the properties of variance to calculate Var(Z) as a function of o².
(c) Using the properties of covariance, we can calculate Cov(X + 2X2, X1) by considering the covariance between the two random variables X + 2X2 and X1. Cov(X + 2X2, X1) can be expressed in terms of o², the population variance of X.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly
Answer:
FalseExplanation:
A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.
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which of the following commodities is a product of the primary or extractive industry
A. Cars
B. Gold
C. Hair Processing
D . Houses
Scarlett linens offers credit with terms of 3/15, net 30 to its customers. these terms indicate that scarlett allows its customers to take a:________
These terms indicate that Scarlett allows its customers to take a 3 percent discount from the total invoice price.
Scarlett Linens offers credit with terms of 3/15, net 30 to its customers. These terms indicate that Scarlett allows its customers to take a 3 percent discount from the total invoice price if payment is made on or before day 15 of the billing cycle, otherwise, the entire bill will be due by day 30.
The invoice price is the price paid by the dealer to the manufacturer. The invoice price is an agreed price between the dealer and the manufacturer.
Hence, Scarlett allows its customers to take a 3 percent discount from the total invoice price.
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Explain the difference between co-signing, a joint account, and an authorized user.
Answer:
Co-signing, a joint account, and an authorized user are all ways in which multiple people can be involved in managing a single account, but they have some key differences.
Co-signing refers to when two or more people are responsible for repaying a loan or debt. The co-signer is not the primary borrower, but they are responsible for the debt if the primary borrower fails to make payments. Co-signing is commonly used when the primary borrower has little credit history or a low credit score and needs someone with a better credit profile to co-sign in order to get the loan.
A joint account is a bank or credit account that is owned by two or more people. Each person has full access to the account and can make deposits or withdrawals, write checks, and make purchases. Joint accounts are commonly used by married couples or partners, but can also be used by business partners or family members.
An authorized user is someone who is added to a credit card account by the primary cardholder. The authorized user can use the card to make purchases, but they are not responsible for repaying the debt. The primary cardholder is responsible for all the charges on the card. Authorized users are commonly used to help a person who has no credit or poor credit to establish a credit history, or as a convenience for a parent or partner.
In a nutshell:
Co-signing: A Co-signer guarantees the debt but not a full access.
Joint account: Both have full access and are responsible for the debt
Authorized user: Has access to the account but only primary user is responsible for the debt.
When it comes to the management of finances or funds in an organization there are various solutions accessible, each with its own set of benefits and drawbacks based on which selection is made.
What is an authorized user?When is someone who has been granted authorization to use a credit card or bank account but is not liable for the debt or the funds in the account is called an authorized user.
A joint account is a bank account shared by two or more people. Each account holder has identical access to the account's funds and is accountable for its management.
A co-signer is someone who agrees to be liable for the loan if the primary borrower is unable to pay it back. Borrowers with a limited credit history or a history of loan defaults often choose this option.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not
Answer:
I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.
What taxes are paid directly to the government by taxpayers?.
Direct Taxes, as the name suggests, are unit taxes that are unit directly paid to the govt by the remunerator. it's a tax applied on people and organizations directly by the govt e.g. income tax, corporation tax, wealth tax etc.
Indirect Taxes are area units applied on the manufacture or sale of products and services. There are unit 2 forms of taxes particularly, direct taxes and indirect taxes. The implementation of each of the taxes differs. The intermediator later files a come back|income tax return|return|legal document|legal instrument|official document|instrument} and forwards the tax return to the government with the return.
Direct tax may be a tax that someone or an organization pays on to the entity that obligatory it. Examples embrace taxation, property tax, and private property tax.
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Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. The manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. What are the forecast errors for the 5th and 6th years?
0, −3
0, +3
+2, +5
−2, −5
−1, −4
The forecast errors for the 5th and 6th years, based on the given simple linear trend equation, are -1 and -4, respectively.
To calculate the forecast errors for the 5th and 6th years, we need to compare the actual demand values with the predicted values based on the simple linear trend equation.
- Demand for the last six years: 15, 15, 17, 18, 20, and 19.
- Simple linear trend equation: trt = 12 + 2t, where t represents the time period.
We can calculate the predicted demand for each year by substituting the corresponding time period (t) into the trend equation.
For the 5th year (t = 5):
tr5 = 12 + 2 * 5 = 12 + 10 = 22
For the 6th year (t = 6):
tr6 = 12 + 2 * 6 = 12 + 12 = 24
Now, we can calculate the forecast errors by subtracting the predicted demand from the actual demand for each year.
For the 5th year:
Forecast error = Actual demand - Predicted demand
= 20 - 22
= -2
For the 6th year:
Forecast error = Actual demand - Predicted demand
= 19 - 24
= -5
Therefore, the forecast errors for the 5th and 6th years are -2 and -5, respectively.
Hence, the correct answer is:
Forecast errors for the 5th and 6th years: -2, -5.
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Justify the statement, business is important human activity
Answer:
Actions that involve the production, distributionand consumption of goods and services at all levels within a society. Gross domestic product or GDP is one way of assessing economic activity, and the degree of current economic activity and forecasts for its future level can significantly impactbusiness activity and profits, as well as inflationand interest rates.The economic activity in the region was being analyzed by our team and we had concluded it would be great to enter the market.
There was some new economic activity going on in the area and it made me excited at the thought of new activities and opportunities.
You should try and follow all of the economic activity so that you know how it might affect your business.
Explanation:
Business is an important human activity that has allowed humans to survive better because it:
allows people access to goods and services - thanks to business, people are able to trade goods that they have for goods that they want thereby ensuring that human needs and wants are satisfiedis a source of income - engaging in business allows people to earn money that they can use to get things that they want either as employees or as owners.For these two main reasons, we can conclude that business is important because the satisfaction of human needs and wants is paramount to the survival of our species.
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Mc qu. 36 qingyi works for a large technology. Qingyi works for a large technology company as an engineer. As an employee, why should he look at his company's financial statements?
Although not directly involved in finance, understanding the financial statements can benefit Qingyi by providing job security, insight into company strategy, and making him a more well-rounded employee.
As an engineer working for a large technology company, Qingyi may not necessarily be directly involved in the financial aspects of the business. However, it is still important for him to have a basic understanding of the company's financial statements for several reasons.
Firstly, understanding the company's financial health can give Qingyi a sense of job security. If the company is struggling financially, it may be at risk of layoffs or other cost-cutting measures that could impact its role or department. By keeping an eye on the financial statements, Qingyi can be better prepared for any potential changes or shifts in the company's priorities.
Additionally, being familiar with the financial statements can help Qingyi understand the company's overall strategy and direction. For example, if the company is investing heavily in research and development, he may have a better understanding of the types of projects his team will be working on in the future.
Finally, having a basic understanding of financial statements can make Qingyi a more well-rounded employee. He may be better equipped to collaborate with colleagues in other departments, such as finance or accounting, and be able to contribute to discussions about the company's overall performance and goals.
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Which type of employee fraud is the most frequent? Question 48 options: A) Billing B) Expense reimbursement C) Skimming D) Non-cash E) Payroll
The type of employee fraud that is most frequent is Expense reimbursement fraud.
What leads to Expense reimbursement fraud?This refers to fraud or misappropriation that occurs when an employee overstates the amount of cash required to execute a business activity or that they have spent in executing an assignment for the company/ business.
Examples of business expense reimbursements are:
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What are some social media platforms that the social media manager may have to manage?
Some of the platforms that a social media manager would have to manage are the platforms such as:
Instagr/amFace bookTwit/terWhats appWho is a social media manager?This is the term that is used to refer to the job role that a person would have to be given. The social media manager is a person that has to take care of reaching the audience that the business has.
The role that the person would have would have to do with giving information as well as meeting the needs of the consumers concerning the products.
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Instagr/am, Face book, Twit/ter, tele/gram and Whats app are some social media platforms that the social media manager may have to manage.
What is social media?A computer-based tool known as "social media" enables the sharing of concepts, ideas, and knowledge through online communities and networks. Users of social media can rapidly share anything via the internet, including videos, photos, documents, and private information.
Through social media platforms, users can have discussions, exchange information, and create material for the web.
Thus, Instagr/am, Face book, Twit/ter, tele/gram and Whats app.
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A new homeowner bought a refrigerator from a discount appliance store for $635.76 after a $200 down payment, using an installment loan with an apr of 22.99%. the homeowner makes 12 equal credit card payments of $59.81 to pay off the loan. the discount appliance store charges $1.50 for every payment made by credit card. the homeowner also had to pay late fees in the amount of $25 three different times. what is the total cost of the refrigerator? show all necessary work.
The total cost of the refrigerator, including the loan, additional fees, and down payment, is $794.63.
Calculating the Total Cost of a Refrigerator Purchase with an Installment LoanTo calculate the total cost of the refrigerator, we need to add up the cost of the loan, any additional fees, and the down payment.
First, let's calculate the total cost of the loan.
The loan amount is the cost of the refrigerator minus the down payment:
$635.76 - $200 = $435.76
Next, we need to calculate the total interest paid on the loan.
We can use the following formula to calculate the total interest paid on an installment loan:
Total Interest Paid = (Total Payments x Interest Rate x Loan Term) - Loan Amount
In this case, the loan term is 12 months, and the interest rate is 22.99%.
Total Payments = $59.81 x 12 = $717.72
Total Interest Paid = ($717.72 x 0.2299 x 1) - $435.76 = $65.87
So the total cost of the loan is the loan amount plus the total interest paid:
$435.76 + $65.87 = $501.63
Now we need to add any additional fees to the total cost.
The homeowner made 12 credit card payments, each with a fee of $1.50, so the total credit card fees are:
$1.50 x 12 = $18
The homeowner also paid late fees of $25 three times, so the total late fees are:
$25 x 3 = $75
Finally, we add the cost of the loan, the credit card fees, the late fees, and the down payment to get the total cost of the refrigerator:
$501.63 + $18 + $75 + $200 = $794.63
Therefore, the total cost of the refrigerator, including the loan, additional fees, and down payment, is $794.63.
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Write a School Newspaper Article that Highlights the Contributions of School-Health-and-Safety Personnel
Assignment
In this assignment, you will create a fictional school-staff member who is employed in one of the four health-and-safety fields described in this lesson. You will use your imagination to invent a name and biography for your fictional employee, and you will use the information in this lesson to invent realistic job responsibilities for your fictional employee. You may use outside sources to supplement the information supplied in this lesson. You will then write a newspaper story that summarizes your character's achievements and responsibilities. While the article is about a fictional person, who works in a fictional school, the information concerning the person's job responsibilities should be realistic and believable.
To complete this assignment, you will:
Create a fictional employee who works in one of the four health-and-safety fields described in this lesson.
Invent a name, biography, and work history for your fictional employee.
Write a 750-word article for a school newspaper that highlights the contributions your fictional employee makes to a school.
List all references used in the assignment.
School environments that are safe and healthy encourage student engagement and prevent risky behavior. Health-hazardous behaviors are associated with subpar academic performance and worse grades.
Article Outlining School Health and Safety Staff's ContributionsEmployees in school health and safety: Unsung Heroes in Our Schools
Although schools are generally thought of as safe havens for students, it can be difficult to preserve their safety and welfare. Dedicated and hardworking individuals work tirelessly behind the scenes to ensure that schools are secure and healthy spaces for children to learn and grow. The school nurses, counselors, psychologists, and social workers—four distinct professions that make up the health and safety staff—are these hidden heroes.
One such committed worker is Sarah Johnson, the school nurse at East High School. Sarah has worked at East High School for the past five years. She is a nurse with 15 years of experience. With a nursing degree from the University of Michigan, she graduated. Sarah enjoys her job and is passionate about making sure the students are safe and well-cared for.
Sarah's job involves a diverse variety of responsibilities. She is in responsible of evaluating the health requirements of the students, providing first aid and other emergency care, distributing medication, and keeping an eye on individuals who have persistent medical conditions. She collaborates with other healthcare providers and neighborhood organizations to conduct health screenings, inform students and staff about their health, and provide counseling and health education.
Sarah has given the school community immeasurable support. In addition to educating pupils about diet and fitness, she has assisted asthmatic students in managing their condition. She has also collaborated with instructors to provide a secure and healthy learning environment. She has also offered tools and help to families and students who are struggling with challenging medical conditions.
One such school counselor who is essential to the health and safety staff at West Middle School is John Brown. John has worked as a counselor for 20 years, the past 10 of which he has spent at West Middle School. He graduated from Michigan State University, where he also earned a counseling degree. John is passionate about helping kids through the challenges of adolescence while providing them with the support they need to achieve.
John's job include helping children with their academic, social, and personal issues. He collaborates with teachers to create a welcoming learning environment, provides both individual and group therapy for children, and helps them develop coping mechanisms for stress and anxiety. He collaborates with parents, community associations, and other professionals to support children's academic and social development.
John has contributed so much to the school's community. He has aided children in coping with the stress of middle school and helped them develop the self-confidence and resilience they need to succeed in school and in life. He has also worked with teachers to create a helpful and inviting classroom environment. Also, he has provided support and resources to families and kids who are dealing with serious personal issues.
The school health and safety team must also include school psychologists and social workers. They offer assistance and services to families and kids who are struggling with emotional and behavioral problems. To foster a welcoming and supportive learning environment at school, they collaborate closely with teachers, counselors, and administrators. To further the welfare of students and families, they work with neighborhood associations and other experts.
In conclusion, staff employees who work in school health and safety are unsung heroes in our classrooms. They work nonstop to keep the schools where our children go safe and healthy learning environments. John Brown, Sarah Johnson, and other school health and safety staff members all share a dedication to the welfare of children and a love for what they do. They are highly appreciated and play a crucial part in the daily operations of the school.
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There are five forces(inputs) that drive economic growth. pick one input you think is the most important and briefly (7-8 lines) discuss your reason for your choice.
Answer:
In my opinion, education is the most important force that drives economic growth. Education enables individuals to acquire the necessary knowledge and skills to participate in the economy, innovate, and create new businesses and industries. Educated individuals are more productive and can contribute more to the economy, leading to increased economic growth.
Education also fosters a culture of innovation and creativity, which drives technological advancements and improves productivity. The development of new technologies leads to increased efficiency, reduced costs, and improved quality, making goods and services more accessible and affordable.
Furthermore, education is a key factor in reducing poverty and income inequality. It provides individuals with opportunities to improve their economic status and achieve upward mobility, leading to a more equitable distribution of wealth and income.
Overall, education is a crucial force that drives economic growth by providing individuals with the skills and knowledge necessary to participate in the economy, innovate, and create new businesses and industries.
Explanation:
Employers must provide a stairway or ladder if the elevation between two surfaces on a site is.
Employers are required to provide a stairway or ladder at all worker points of access if there is an elevation change of 19 inches (48 cm) or more and no ramp, runway, embankment, or personnel hoist is provided.
What are the elevated work surfaces OSHA regulations?The final rule codifies OSHA's guidance for companies using RDS for elevated work. Employers are not allowed to utilize RDS over 300 feet above grade unless they can show that doing so would be impractical or provide a greater risk than utilizing another system.
OSHA, how tall may a platform be without a step?Now that we are clear on how OSHA defines a platform and that any exposed side or edge that is four feet or higher than a lower level need fall protection to prevent employees from falling, let's talk about guardrail specifications for work platforms.
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On june 1, 2021, portugal inc. reported a cash balance of $12,000. during june, portugal made deposits of $5,000 and made disbursements totalling $14,000. what is the cash balance at the end of june? group of answer choices $3,000 debit balance $17,000 debit balance $3,000 credit balance $2,000 credit balance
Portugal inc. reported a cash balance of $12,000. during June, Portugal made deposits of $5,000 and made disbursements totaling $14,000. The cash balance at the end of June is a) $3,000 debit balance.
We have to calculate cash balance from the given expenses and incomes
Opening cash balance = $ 12,000
Deposits = $5,000
Disbursements = $14,000
Ending cash balance = opening cash balance + deposits - disbursements
= 12000 + 5000 - 14000
= 17000 - 14000
= $ 3,000
Ending cash balance is always debited so it will be $3,000 debit balance.
A cash balance is the amount of money that a business currently has on hand. This money is kept on hand to cover any unanticipated cash outflows. Businesses may find themselves unable to pay their bills if this safety net is not in place.
The cash balance is typically used to pay down debt or returned to investors in the form of a dividend. Businesses that have a significant difference in the timing and amount of cash inflows and outflows require a cash balance in particular.
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Correct question:
On June 1, 2021, Portugal inc. reported a cash balance of $12,000. during June, Portugal made deposits of $5,000 and made disbursements totaling $14,000. What is the cash balance at the end of june?
a) $3,000 debit balance
b) $17,000 debit balance
c) $3,000 credit balance
d) $2,000 credit balance
in a buying center, purchasing agents or purchasing managers are also known as
In a buying center, purchasing agents or purchasing managers are also known as buyers.
Buyers are responsible for selecting and purchasing the goods and services that the organization needs to operate. Buyers are typically responsible for researching potential suppliers, negotiating contracts, and making purchasing decisions that align with the organization's strategic objectives and budget constraints.
In addition to buyers, a typical buying center may also include other roles such as influencers, initiators, users, gatekeepers, and deciders. Each of these roles has a different level of influence on the buying decision, and it is important for marketers to understand the dynamics of the buying center to effectively target their marketing efforts and persuade the members to choose their products or services.
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According to the quantity theory of money, if the output is higher, _________ real balances are required, and for fixed this means _______ .
According to the quantity theory of money, if the output is higher, more real balances are required, and for fixed this means an increase in the demand for money.
The quantity theory of money states that the total amount of money in an economy is directly proportional to the overall level of prices and transactions. It can be expressed as: MV = PQ, where M represents the money supply, V is the velocity of money, P denotes the price level, and Q represents the quantity of goods and services produced.
When the output is higher, it implies that the quantity of goods and services produced (Q) has increased. As a result, there is a greater need for money to facilitate transactions. Individuals and businesses will require more money to purchase the increased quantity of goods and services. This leads to an increase in the demand for money.
For a fixed money supply (M), the increased demand for money means that the quantity of money is insufficient to meet the needs of the economy. As a result, individuals may experience a shortage of money, leading to an increase in the price level (P). This is because there is more money chasing the same quantity of goods and services, resulting in inflation.
In summary, according to the quantity theory of money, if the output is higher, more real balances are required, and for fixed this means an increase in the demand for money, which can lead to inflation if the money supply is not adjusted accordingly.
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why is scarcity a fundamental problem in economics
Answer:
Scarcity or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants.
Explanation:
Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.
customers should not expect a company to keep their information confidential true or false
Answer:
False
Explanation:
sorry if this is wrong
given a parent initially purchased brand b, the probability that this parent purchases brand a on the second purchase is
The probability of a parent purchasing brand a on their second purchase after initially buying brand b would depend on various factors such as satisfaction with the initial purchase, price, availability, and brand loyalty.
Assuming there are no significant changes in these factors, we can use past data and statistics to determine the probability. For example, if we have data that shows out of 100 parents who bought brand b, 20 of them bought brand a on their second purchase, then the probability would be 0.2 or 20%.
However, it's important to note that probability is not a guarantee and can change based on different circumstances. It's also essential to consider that each individual's decision-making process is unique and can be influenced by various factors.
In conclusion, the probability of a parent purchasing brand a on their second purchase after initially buying brand b can be determined through past data and statistics but may vary depending on the circumstances.
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Below you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)Date Close4/23/2012 $ 37.834/24/2012 37.654/25/2012 37.254/26/2012 37.514/27/2012 36.774/30/2012 36.945/1/2012 37.015/2/2012 37.055/3/2012 37.745/4/2012 37.845/7/2012 37.775/8/2012 37.935/9/2012 38.265/10/2012 38.415/11/2012 38.243-day 5-day4/23/2012 4/24/2012 4/25/2012 $ 4/26/2012 4/27/2012 $4/30/2012 5/1/2012 5/2/2012 5/3/2012 5/4/2012 5/7/2012 5/8/2012 5/9/2012 5/10/2012 5/11/2012
To calculate the simple three-day and five-day moving averages for eBay's stock prices, we add up the closing prices for the number of days in the moving average and divide by the number of days.
The simple three-day moving averages are:
April 25th: ($37.83 + $37.65 + $37.25) / 3 = $37.58
April 26th: ($37.65 + $37.25 + $37.51) / 3 = $37.47
April 27th: ($37.25 + $37.51 + $36.77) / 3 = $37.18
April 30th: ($37.51 + $36.77 + $36.94) / 3 = $37.07
May 1st: ($36.77 + $36.94 + $37.01) / 3 = $36.91
May 2nd: ($36.94 + $37.01 + $37.05) / 3 = $37.00
May 3rd: ($37.01 + $37.05 + $37.74) / 3 = $37.27
May 4th: ($37.05 + $37.74 + $37.84) / 3 = $37.54
May 7th: ($37.74 + $37.84 + $37.77) / 3 = $37.78
May 8th: ($37.84 + $37.77 + $37.93) / 3 = $37.85
May 9th: ($37.77 + $37.93 + $38.26) / 3 = $37.98
May 10th: ($37.93 + $38.26 + $38.41) / 3 = $38.20
May 11th: ($38.26 + $38.41 + $38.24) / 3 = $38.30
The simple five-day moving averages are:April 27th: ($37.83 + $37.65 + $37.25 + $37.51 + $36.77) / 5 = $37.20
April 30th: ($37.65 + $37.25 + $37.51 + $36.77 + $36.94) / 5 = $37.14
May 1st: ($37.25 + $37.51 + $36.77 + $36.94 + $37.01) / 5 = $37.10
May 2nd: ($37.51 + $36.77 + $36.94 + $37.01 + $37.05) / 5 = $37.06
May 3rd: ($36.77 + $36.94 + $37.01 + $37.05 + $37.74) / 5 = $37.10
May 4th: ($36.94 + $37.01 + $37.05 + $37.74 + $37.84) / 5 = $37.32
May 7th: ($37.01 + $37.05 + $37.74 + $37.84 + $37.77) / 5 = $37.48
May 8th: ($37.05 + $37.74 + $37.84 + $37.77 + $37.93) / 5 = $37.87
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what classifications of its customers may serve its business goals? what ethical issues may arise from these applications?
A business may divide the market depending on various business lines, such as software, professional services, and training.
What are the top three categories for customers?As follows:
Your existing clients. Because they have already committed to you, these are the most significant customers. Lost Customers. These are the customers who are presently using the goods and services of your rivals.
What two types of clients are there?Customers who are loyal are those who, although being a small fraction of the customer base, account for a sizable portion of sales. Impulse buyers: People who buy things on the spur of the moment without having their eyes set on a certain item.
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Conduct research on cases and issues in global trade. What types of businesses are best suited for doing business online?
Why? What type of issues might an online business deal with in the global market?
Operating a business online entails dealing with technical obstacles, security concerns, and consumer distrust.
Research based problem:While you can avoid or at least mitigate these difficulties, it's critical for company owners to keep an eye on prospective concerns in order to avoid big calamities.
Because the main providers they provide are information-based, professional service based firms are well-suited for the Internet.
Because the provision of these services necessitates the provider's physical presence, a household chores or lawn maintenance service company is not well suited for the Internet.
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If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).