Louisa would have paid approximately $199 in interest over the course of the year.
We can use the formula:
Interest = APR/100 * Balance.
1: Convert the APR (Annual Percentage Rate) to a decimal by dividing it by 100.
APR = 19.9% / 100 = 0.199
2: Multiply the decimal APR by the average balance.
Interest = 0.199 * $1,000
3: Calculate the interest.
Interest = $199
So, Louisa would have paid approximately $199 in interest over the course of the year on her credit card with an average balance of $1,000 and an APR of 19.9%.
Annual Percentage Rate (APR), it is a measure used to represent the annualized interest rate on a loan or financial product. The APR takes into account not only the nominal interest rate but also any additional fees or costs associated with the loan.
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the cyclically-adjusted budget estimates the federal budget deficit or surplus if:
The cyclically-adjusted budget estimates the federal budget deficit or surplus if the economy is operating at its potential or full employment level.
The cyclically-adjusted budget is a tool used to account for the effects of the business cycle on government finances. It calculates what the federal budget deficit or surplus would be if the economy were operating at its potential or full employment level, regardless of the current economic conditions. This approach removes the impact of cyclical fluctuations in economic activity, such as recessions or booms, which can significantly influence tax revenues and government spending.
By considering the economy's potential output, the cyclically-adjusted budget provides a more accurate assessment of the underlying fiscal position and long-term sustainability of government finances. It helps policymakers evaluate the structural health of the budget and make informed decisions regarding fiscal policy, such as setting tax rates, determining spending priorities, and implementing measures to achieve fiscal stability.
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Choose the correct way to complete each sentence.
Although many people believe that the only academic path after high school is a college degree if you want to get a good job, there are actually lots of paths that you could take, such as
, apprenticeships, or on-the-job training.
Although many people believe that the only academic path after high school is a college degree if you want to get a good job, there are actually lots of paths that you could take, such as, apprenticeships, or on-the-job training. Technical programs
When you find a job that you're interested in, you should determine what the academic requirements are for similar jobs. You should also review the skills, tasks, and to determine if the job will be well suited to you and help you meet your career goals. Salary
Technical programs; Salary.
What are technical programs?In the United States, a technical school is a type of two-year college that covers specialized fields such as business, finance, hospitality, tourism, construction, engineering, visual arts, information technology and community work.
Therefore, the correct answers are as given above
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Assume a company is considering buying 10,000 units of a component part rather than making them. A supplier has agreed to sell the company 10,000 units for a price of $40 per unit. The company's accounting system reports the following costs of making the part:
Per Unit 10,000 Units per Year
Direct materials $ 18 $ 180,000
Direct labor 12 120,000
Variable manufacturing overhead 2 20,000
Fixed manufacturing overhead, traceable. 8. 80,000
Fixed manufacturing overhead, allocated 4. 40,000
Total cost$ 44. $ 440,000
Three-fourth's of the traceable fixed manufacturing overhead relates to supervisory salaries and the remainder relates to depreciation of equipment with no salvage value. If the company chooses to buy this component part from a supplier, then the supervisor who oversees its production would be discharged. What is the financial advantage (disadvantage) of buying 10,000 units from the supplier?
The financial advantage of buying 10,000 units from the supplier is $40,000. The company would save $40,000 by purchasing the component part instead of making it internally.
To calculate the financial advantage or disadvantage of buying 10,000 units of the component part from the supplier, we need to compare the total cost of making the part internally with the cost of purchasing it from the supplier.
Total cost of making the part internally:
Direct materials: $18 per unit * 10,000 units = $180,000
Direct labor: $12 per unit * 10,000 units = $120,000
Variable manufacturing overhead: $2 per unit * 10,000 units = $20,000
Fixed manufacturing overhead, traceable: $8 per unit * 10,000 units = $80,000
Fixed manufacturing overhead, allocated: $4 per unit * 10,000 units = $40,000
Total cost of making the part = $180,000 + $120,000 + $20,000 + $80,000 + $40,000 = $440,000
Cost of buying 10,000 units from the supplier:
Price per unit from the supplier: $40 per unit * 10,000 units = $400,000
To calculate the financial advantage or disadvantage, we subtract the cost of buying from the cost of making:
Financial advantage/disadvantage = Cost of making - Cost of buying
= $440,000 - $400,000
= $40,000
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The cost of equity 1. is less than the cost of debt 2. is greater than the cost of debt 3. depends on the riskiness of the firm 4. depends on the firm's current ratio O a. 2 and 3 O b. 1 and 4 O c. 2 and 4 O d. 1 and 3
Option A. 2 and 3 is the correct answer. The cost of equity is greater than the cost of debt and depends on the riskiness of the firm.
The cost of equity is the return that a company requires to decide if an investment meets capital return requirements. Firms often use it as a capital budgeting threshold for the required rate of return.
Cost of equity vs cost of Debt:
The cost of equity is often higher than the cost of debt. Equity investors are compensated more generously because equity is riskier than debt, given that:
Debtholders are paid before equity investors (absolute priority rule).
Debtholders are guaranteed payments, while equity investors are not.
Debt is often secured by specific assets of the firm, while equity is not.
In exchange for taking less risk, debtholders have a lower expected rate of return.
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Reporting revenues only when cash is received and expenses only when cash is paid is called the.
Reporting revenues only when cash is received and expenses, only when cash is paid, is called the With this method, revenue is recognized in the income statement only when the money is received. Fees are charged only when paid in cash. The cash method is typically used for financing small businesses and individuals.
In the cash method, income is recorded when money comes in, and expenses are recorded when it is paid. This is often considered the easiest method. Accrual accounting recognizes revenue when the sale occurs, regardless of whether cash is received. (In cash-basis accounting, income is not reflected on the income statement until the money is received.)
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Jarrah sells office supplies from a store in Sandusky, Ohio. He decides to hire a web developer to create a website for customers with the option to view and purchase office supplies. This example best describes the concept of ________, which is a(n) ________ force.
The instance best describes the concept of e-commerce, which is a technological force.
What is E-commerce?E-commerce is the purchasing and selling of products and services, as well as the transfer of payments or data, through an electronic network, most notably the internet.
These transactions might be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). In the above situation, the instance best describes e-commerce, which is a technical force.
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Confirmation bias in marketing research can lead to which of the following outcomes? a. commitment aversion b. the diversion fallacy c. escalation of commitment d. escalation of aversion
Confirmation bias in marketing research can lead to the outcome of c. escalation of commitment. Confirmation bias occurs when researchers tend to favor information that confirms their pre-existing beliefs or hypotheses, thereby affecting their decision-making process.
This bias can cause researchers to interpret data in a way that supports their existing beliefs, leading them to become more entrenched in their stance. As a result of confirmation bias, escalation of commitment can occur. This is when researchers continue to invest more time, effort, and resources into a marketing strategy or campaign, despite receiving evidence that suggests the approach may not be effective.
This happens because confirmation bias makes it difficult for them to acknowledge the flaws in their assumptions, leading them to make poor decisions and overlook important information that may contradict their beliefs.
In summary, confirmation bias can cause an escalation of commitment in marketing research, which can lead to inefficient use of resources and poor decision-making, as researchers become increasingly committed to a particular course of action even in the face of contradictory evidence. Hence, c is the correct option.
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is the cost of borrowing or the price paid for the rental of funds expressed as a percentage per year.
Yes, the cost of borrowing or the price paid for the rental of funds is expressed as a percentage per year.
This percentage is known as the interest rate, which is the cost of borrowing or the price paid for the rental of funds.Lenders charge interest on the amount of money that they lend to borrowers because they are risking their money.
The interest rate can vary depending on a number of factors, such as the creditworthiness of the borrower, the length of the loan, and the amount of the loan. The interest rate is typically expressed as an annual percentage rate (APR), which is the amount of interest that the borrower will pay on an annual basis.
For example, if a borrower takes out a $10,000 loan with an interest rate of 5%, they will pay $500 in interest per year.
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How does where you can purchase the candy affect the price? How does it affect the availability?
The degree to which managers are concerned with increasing employee job satisfaction is a(n) ________ managerial decision based on the culture of the organization.
Managers make a key managerial decision depending on the organizational culture on how much they care about improving employee job satisfaction.
How is job happiness impacted by organizational culture?
Strong organizational culture has nearly always been viewed as a motivating factor for employees to perform better. Employee dedication and self-assurance are increased, job stress is decreased, and employees' ethical behavior is improved. H2: Organizational commitment affects job satisfaction favorably as well.
What does organizational culture entail?
The appropriate behavior inside a company is determined by its culture. This culture is made up of common values and beliefs that have been formed by leaders, disseminated, and reinforced through a variety of channels, ultimately influencing employee perceptions, actions, and comprehension.
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A Mercedes-Benz priced the same as a Ford Focus might not sell as well because of:
a. history of performance of similar Mercedes products
b. overall company reputation
c. psychological factors
The overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction is referred to as ________.
Answer:
customer relationship management
Why is creating a budget for an entire year useful?
A. Most bills are paid annually or only every few months and would be left off a weekly budget.
B. It can account for irregular expenses like new shoes, so the budget would be more accurate.
C. Salaries are paid annually, so the budget should match the timeframe of the paycheck.
D. Certain expenses are variable, so it is impossible to budget them with a shorter timeframe.
Answer:
B
Explanation:
It may be wrong since I was debating between B and C, but annually is yearly and there are only certain days when you want to buy new shoes or things like that.
it is useful because if you keep up with the amount you set up for yourself, you won't have to worry about being in trouble with your money expenses
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Bob has decided to start Investing. After dong his research, he has decided he wants to Invest in a safe Invest with guaranteed return. He Is going to buy
Shares
Mutual funds
Bonds
Answer:
bonds
Explanation:
FILL THE BLANK.
Unemployment caused by a mismatch between the skills of job seekers and the requirements of available jobs is called __ unemployement.
Unemployment caused by a mismatch between the skills of job seekers and the requirements available jobs is called structural unemployment.
Structural unemployment occurs when there is a disparity between the skills and qualifications possessed by individuals seeking employment and the specific demands of the job market. This type of unemployment often arises due to technological advancements, changes in the economy, or shifts in industries, which can render certain skills obsolete or less in demand. Structural unemployment represents a more long-term issue, as it requires individuals to acquire new skills or training to meet the requirements of available jobs. Addressing structural unemployment typically involves initiatives such as job training programs, educational reforms, and workforce development strategies aimed at bridging the skills gap and aligning job seekers' qualifications with the evolving demands of the labor market.
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What is stopping to reflect on and judge your goal progress called?
The stopping to reflect on and judge your goal progress is called Re-evaluation.
What is a Goal?A goal is to refer to an objective or dream that an individual desires to achive in his life. This is referring to a target based on an individual's desire which is accomplished by them in the desired time period.
The process of re-evaluation emphasizes determining or analyzing all the aspects of an individual's personality or business again by following different methods in order to achieve the desired result.
In order to assure a more likely outcome, it is crucial to do the experiment more than once which helps to better evaluation. Otherwise, there is a risk that the results could be incorrect.
This re-evaluation helps to seek progress in the work and brings improvement based on the results to achieve the desired Output.
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given your answer to the question in part a and the spot gold value of $1,929/ozt, what is the gold worth (in usd) from 1 ton of the nevada ore?
Spot value is the current price of gold is expressed in terms of gold. It serves as the benchmark price at which an ounce of gold may currently be purchased or sold everywhere in the globe.
What is spot value?The most accurate way to determine a security's present value is to look at its current price, which is the most recent selling price of any stock, currency, good, or precious metal that is traded on an exchange.
Market value is another name for the current price. It is the last traded price for a share of stock or any other security. The present price serves as the starting point in an open market.
It shows the price that a buyer and seller would be prepared to accept for a subsequent transaction involving that security. Using the current value accounting approach, assets are valued at their replacement cost rather than their initial cost.
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A buyer assumes the mortgage. How is the owner relieved of the liability? A. The owner remains liable for the mortgage B. The mortgage is paid off by the buyer C. The owner transfers the mortgage to the buyer D. The owner sells the property to the buyer
The owner relieved of the liability as C. "the owner transfers the mortgage to the buyer".
When a buyer assumes a mortgage, it means that the buyer takes over the responsibility of repaying the existing mortgage from the seller. In this case, the owner is relieved of the liability because the mortgage is transferred to the buyer. The buyer becomes the new borrower and assumes the obligation to make the mortgage payments. This transfer of mortgage liability typically involves the approval of the lender and may require meeting certain criteria, such as a credit check or income verification. By transferring the mortgage to the buyer, the owner no longer has the financial responsibility for repaying the loan.
Option C is answer.
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Suppose the board of Nathan Corporation decided to do the share repurchase in problem 1-part b, but you, as an investor, would have preferred to receive a dividend payment. How can you leave yourself in the same position as if the board has elected to make the dividend payment instead
Answer:
If we sell 0.5 / 15 of one share we will receive $0.50 and the remaining shares will worth $14.50. This will be the same position as if the firm had paid a dividend.
Explanation:
Nathan Corporation is deciding to whether to repurchase shares. It is a decision made by company and its management to boost value of its stock. If the board makes a decision to make dividend payment then we will receive $0.50 per share. The share price total will be $14.50 which is same whether we receive dividend or not.
You are considering a 3/5 ARM. What does the 5 represent?
OA. The interest rate of the initial fixed-rate loan period
B. The total number of years in the loan
OC. The number of years between adjustments in the interest rate
D. The number of years that a fixed interest rate will be applied to the
loan
The number 5 in a 3/5 ARM (Adjustable Rate Mortgage) represents Option C. The number of years between adjustments in the interest rate.
An ARM, or Adjustable Rate Mortgage, is a type of mortgage loan where the interest rate can change over time. The "3/5" in a 3/5 ARM refers to the initial fixed-rate period and the subsequent adjustment period. In this case, the number 3 represents the initial fixed-rate period, during which the interest rate remains unchanged. After this initial period, the interest rate can adjust periodically based on certain factors, such as market conditions.
The number 5 represents the number of years between adjustments in the interest rate. It means that after the initial fixed-rate period of 3 years, the interest rate on the loan will be adjusted every 5 years. During these adjustment periods, the interest rate can either increase or decrease based on the terms of the mortgage agreement and the prevailing market rates.
Choosing a 3/5 ARM means that the borrower will have a fixed interest rate for the first 3 years of the loan and then the interest rate will be adjusted every 5 years thereafter until the loan is paid off or refinanced. The specific details of the adjustments, such as the index used and the margin, will be outlined in the loan agreement.
It's important for borrowers considering an ARM to carefully evaluate their financial situation and future plans, as the fluctuating interest rates can affect their monthly mortgage payments. It's also crucial to understand the terms and conditions of the ARM, including the adjustment period, so they can make informed decisions regarding their mortgage. Therefore, the correct option is C.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Why will a manager of a perfectly competitive firm always (both in the short and long run) choose to produce the output quantity Q* where Price = Marginal Cost. Is this rational? Explain your reasoning.
A manager of a perfectly competitive firm will always choose to produce the output quantity Q* where Price = Marginal Cost because this is the point where the firm maximizes its profits. In the short run, if the price is greater than the marginal cost, the firm will produce more output, and if the price is less than the marginal cost, the firm will produce less output. However, when the price equals the marginal cost, the firm is making the most efficient use of its resources and is maximizing its profits. In the long run, the firm will adjust its production in response to the price and demand in the market. If the price is above the marginal cost, new firms will enter the market, and the increased competition will drive down the price. If the price is below the marginal cost, some firms will exit the market, and the decreased competition will drive up the price. In the long run, the only way for the firm to continue making profits is to produce at the point where the price equals the marginal cost. Overall, it is rational for a manager of a perfectly competitive firm to produce at the output quantity where Price = Marginal Cost because this is the most efficient use of the firm's resources and maximizes its profits.
About DemandDemand is a process of requesting something or a number of items purchased or requested at a certain price and time. Demand relates to consumer desires for goods and services to be fulfilled. And the trend of consumer demand for goods and services is unlimited. Marginal cost is the increase in total cost that comes from producing one unit of production output. If a firm produces 1,000 units, the additional cost of increasing output to 1,001 units is the marginal cost. Profit or profit can be defined in two ways, the first is profit in economics is the difference between income and total costs. Implicit costs include the opportunity costs that occur when firms choose to use certain factors of production.
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Using too many different shapes within a design can
a. add interest to the design
b. make the room fun for kids
c. be visually confusing or distracting
d. none of the above
Answer:
c. be visually confusing or distracting
Explanation:
"Too many"=Negative
Answer:
C
Explanation:
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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Openings around pipes that enter an operation from outside should be?
High stress is produced when a large force is applied to a small area, and low stress is produced when a large force is applied to a small area.
The device's discharge needs to be routed to the atmosphere outdoors. A measure of how much force is present in a certain area is called pressure. High stress is produced when a large force is applied to a small area, and low stress is produced when a large force is applied to a small area. By holding a knife against a piece of fruit, one can see a simple example of stress It might not cut the surface if you press the flat section of the knife against the fruit. The force is dispersed across a vast area (low strain). In the global system of electronics, the unit of stress or pressure is the pascal (Pa) (SI).
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As a student, you are able to earn extra money by assisting your neighbors with odd jobs.
If you charged $13.25 an hour for your assistance, about how many hours would you
need to work to earn $11,425? Show your work.
Answer:
about 862.26 hours
Explanation:
you just divide 11,425÷13.25 which you can solve on calculator or phone and that's your answer I HOPE IT HELPED
Does a credit report have any errors on it.
Yes, it is possible for a credit report to have errors on it. These errors can include incorrect information about a person's credit history, such as a missed payment or a loan that was never taken out.
It is important for individuals to regularly check their credit reports and dispute any errors they find in order to maintain an accurate credit history. Common errors on credit reports include incorrect personal information, such as your name, address, or Social Security number, as well as inaccurate information about your credit history, such as late payments or accounts that you never opened. If you find errors on your credit report, you can dispute them with the credit reporting agency that issued the report. The agency is required to investigate the dispute and correct any errors that it finds.
Correcting errors on your credit report can be important because inaccurate information can negatively impact your credit score and your ability to obtain credit in the future.
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Write a one to two paragraph explanation that teaches how to complete each form. Be sure to write the instructions in "plain English" versus official federal government "speak."
Describe the documents you could provide to a new employer in order to establish your identity and/or employment eligibility. Provide a list of a minimum of four documents.
Submit your paragraph explanations for completing each form and the description of the documents for establishing your identity and/or employment eligibility as the assignment for this lesson.
Answer: So so sorry but i don't know!
Explanation:Have a great day
Explain what test marketing is and its purpose?
Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.
isabella’s landlord has included a clause in the rental contract that makes it possible for him to increase isabella’s monthly rent if taxes on the property go up. which clause was included in the contract?
Answer:
Escalator clause
Explanation: