The Louise's debt-payments-to-income ratio is 13.8%.
To calculate Louise's debt-payments-to-income ratio, we need to determine the total monthly debt payments and divide it by her monthly gross income.
Given: Monthly gross income: $4,200, Monthly credit payment for Visa: $77, Monthly credit payment for MasterCard: $67, Monthly automobile loan payment: $435
First, let's calculate the total monthly debt payments:
Total monthly debt payments = Monthly credit payment for Visa + Monthly credit payment for MasterCard + Monthly automobile loan payment
Total monthly debt payments = $77 + $67 + $435
Total monthly debt payments = $579
Now, we can calculate the debt-payments-to-income ratio:
Debt-payments-to-income ratio = (Total monthly debt payments / Monthly gross income) * 100
Debt-payments-to-income ratio = ($579 / $4,200) * 100
Debt-payments-to-income ratio = 0.138 * 100
Debt-payments-to-income ratio = 13.8%
Therefore, Louise's debt-payments-to-income ratio is 13.8%.
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Acme, Inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,000; deposits in transit of $2,000; NSF check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals ______.
The company's up-to-date ending cash balance equals $9,100.
Here, we are preparing company's up-to-date ending cash balance through reconciliation format.
Balance as per bank $0 Balance per books $10,000
Add: Deposit in transit $2,000 Add: Bank collection $0
Less: Outstanding checks $3,000 Add: Interest revenue $10
Adjusted bank balance $9,110 Less: Service charges $100
EFT and NSF checks
$10,110 Adjusted book balance $10,110
Therefore, the company's up-to-date ending cash balance equals $9,100.
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Param and Aryan are two friends. Both of them are doing different business. Param’s business is facing the challenge of continuous change in needs and wants of consumers, change in prices and he is also very upset because of tough competition. On the other hand, a great hurdle is there in Aryan’s business because of the dishonesty of employees, strikes and lockouts. Identify and explain the causes of business risk the two friends are suffering from
Param faces business risks from changing consumer needs, fluctuating prices, and intense competition, while Aryan faces risks from employee dishonesty and labor disputes like strikes and lockouts.
Param is facing the challenges of changing consumer needs and wants, fluctuating prices, and intense competition. These causes of business risk can be categorized as follows:
Changing consumer needs and wants: Consumer preferences and demands evolve over time, which can pose a risk for Param's business. If Param's products or services fail to adapt to changing consumer needs, there is a possibility of losing customers and market share.
Fluctuating prices: Prices of inputs, raw materials, or finished goods can be volatile due to factors like inflation, currency fluctuations, or supply and demand imbalances. Fluctuating prices can impact Param's profitability, especially if the business is unable to adjust its pricing strategies accordingly.
Intense competition: High competition in the market means that Param's business needs to continuously strive to differentiate itself from competitors. This can involve investing in marketing efforts, product innovation, and maintaining competitive pricing. Failure to effectively compete in a crowded marketplace can lead to reduced sales and profitability.
On the other hand, Aryan is facing business risks due to the following causes:
Employee dishonesty: Aryan's business is affected by dishonesty among employees, which can include theft, fraud, or embezzlement. Such actions not only result in financial losses but also erode trust within the organization.
Strikes and lockouts: Labor disputes such as strikes or lockouts can disrupt Aryan's business operations, leading to delays in production, reduced productivity, and potential revenue losses. These events may arise due to disagreements between management and employees regarding working conditions, wages, or other labor-related issues.
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A monopolist maximizes profits by producing at a price and output where
P = MC.
P = AC.
MR = MC.
AC is at a minimum.
A monopolist maximizes profits by producing at a price and output where MR = MC. This means that the marginal revenue (MR) of selling one more unit of the product should be equal to the marginal cost (MC) of producing that unit. If MR is greater than MC, the monopolist can increase profits by producing and selling more units
If MR is less than MC, the monopolist can increase profits by producing and selling fewer units.
However, the monopolist should also consider the average cost (AC) of producing the product. The monopolist's goal is to maximize profits, which is achieved when the difference between revenue and cost is at its highest point. This occurs when MR = MC, and the price charged for the product is equal to the average cost of producing it. This is because if the price is higher than the average cost, the monopolist can earn more profit by producing more units. But if the price is lower than the average cost, the monopolist would lose money on each unit produced. Therefore, the monopolist should aim to produce at a price and output level where MR = MC and AC is at a minimum.
A monopolist maximizes profits by producing at a price and output where MR (marginal revenue) equals MC (marginal cost). This occurs because profit maximization requires that the additional revenue generated from selling one more unit (MR) is equal to the additional cost incurred by producing that extra unit (MC). When MR = MC, the monopolist has no incentive to produce more or less, as doing so would decrease their profits.
Pricing in a monopoly is determined by the monopolist's demand curve, which is typically downward sloping. At the profit-maximizing output level (where MR = MC), the monopolist can charge a price that corresponds to the highest willingness to pay for that specific quantity. This is not the same as setting the price where P = MC or P = AC (average cost), as monopolists can set prices above their marginal or average costs due to a lack of competition. Additionally, producing at the minimum of the average cost is not the focus for a monopolist, as their goal is to maximize profits, which depends on the relationship between marginal revenue and marginal cost.
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PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Manuel wants to better manage his money and has started to seriously focus on financial planning. He has looked at his accounts and his other resources. What is the NEXT step Manuel should take in the financial planning process?
Identify his short-term and long-term financial goals.
Identify his potential goals.
Periodically review and revise his financial plan.
Answer: A. Identify his short-term and long-term financial goals.
Explanation:
You're welcome :)
After going over his accounts and resources, Manuel should reflect on his short-term and long-term financing.
What is short and long-term finance?Short period financing methods cast off a mortgage to make a purchase, commonly with a time period of much less than 365 days. Trade credit, commercial bank loans,commercial paper and secured loans.
Long period finance may be described as any economic device with an exceeding one year, consisting of financial institution loans, bonds, leasing, and different sorts of debt finance, public finance instruments.
So from the above declaration, it's clear that short and long-time period financing, is the ideal answer.
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a fixed asset with a cost of $20,796 and accumulated depreciation of $18,716 is traded for a similar asset priced at $68,638 (fair market value) in a transaction with commercial substance. assuming a trade-in allowance of $4,903, at what cost will the new equipment be recorded in the books?
As per the given accumulated depreciation, the cost that will recorded in the new book is $66,558
Accumulated depreciation
Accumulated depreciation refers the total amount an asset has been depreciated up until a single point. And each period, the depreciation expense recorded in that period is added to the beginning accumulated depreciation balance.
Given,
A fixed asset with a cost of $20,796 and accumulated depreciation of $18,716 is traded for a similar asset priced at $68,638 (fair market value) in a transaction with commercial substance.
Here we need to find the cost that the new equipment be recorded in the books when the trade in allowance is $4,903.
In order to find the cost of the new record, we have to sum the accumulated depreciation and the fair market value,
Then we get,
=> accumulated depreciation + fair market value
=> 18716 + 68638
=> 87354
Now, we have to subtract this from the fixed asset value, then we get,
=> 87354 - 20796
=> 66558
Therefore, the cost that the new equipment be recorded in the books is $66, 558
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What account title is used to journalize the Federal Income Tax column of the payroll register?
Employee income tax payable is used to journalize the federal income tax column of the payroll register.
Exactly what is regarded as a federal income tax?The federal income tax is levied against the yearly profits of people, companies, and other legal entities. All forms of compensation, including salaries, gifts of money from employers, business earnings, tips, and Federal income taxes are due on gaming profits, bonuses, and unemployment payments.
How do I know if I am subject to federal income tax?You don't owe any income tax if the total tax on your Form 1040 is less than your refundable credits. Your income must be so minimal that you won't owe income tax in order to qualify for no tax responsibility.
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You are configuring a RAID-5 array with five disks, each disk is 3TB in size. What will be the total usable size of the RAID-5 volume
The effective capacity of the RAID-5 volume in this setup would amount to 9 terabytes.
In a RAID-5 array, the usable size of the volume is determined by the total capacity of the disks minus the capacity required for parity. In RAID-5, parity information is distributed across all the disks to provide redundancy and data protection.
In this scenario, you have five disks, each with a capacity of 3TB. In a RAID-5 configuration, one disk's worth of capacity is used for parity. Therefore, out of the five disks, four disks are used for data storage, and one disk is used for parity.
To calculate the usable size of the RAID-5 volume, we need to consider the capacity of the four data disks.
Total capacity of data disks = (Number of disks - 1) * Disk capacity
Total capacity of data disks = (4 - 1) * 3TB
Total capacity of data disks = 3 * 3TB
Total capacity of data disks = 9TB
Therefore, the total usable size of the RAID-5 volume in this configuration would be 9TB.
It's important to note that the actual usable size may be slightly less due to formatting overhead and other factors. Additionally, the usable capacity may vary depending on the RAID controller and software implementation.
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Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the best for Kendra to use to help her achieve task
Answer:spreadsheet program - apex
Explanation:
Just took the test and failed that question
Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.
a) Use an appropriate diagram, to explain how the Permanent Income Theory of Consumption reconciles the results of cross-section and time series estimate of the Keynesian aggregate consumption function. (15 marks)
(b) With the help of a diagram, explain the effect of an increase in nominal income on interest rate.
a) The expected permanent income (Pt) is defined as the average expected income over an extended period, which includes current income and other sources of income such as investments and inheritance.
b) Real Interest Rate = Nominal Interest Rate - Inflation Rate
Therefore, the rise in nominal income will lead to an increase in interest rates.
Explanation:
a) The Permanent Income Theory of Consumption (PITC) reconciles the differences between cross-section and time-series estimates of the Keynesian aggregate consumption function by emphasizing on the long-run relationship between consumption and income.PITC predicts that people's consumption is a function of expected permanent income rather than current income. This theory suggests that individuals base their consumption on a lifetime average of their income, not just the current level of their income. According to PITC, consumption is calculated as a linear combination of current income and expected permanent income, which can be expressed as follows: Ct = aYt + bPt, Where,
Ct = Consumption
Yt = Current income
Pt = Permanent income
The expected permanent income (Pt) is defined as the average expected income over an extended period, which includes current income and other sources of income such as investments and inheritance.
This consumption function depicts that when permanent income increases, consumption will also increase. PITC recognizes that households consume a portion of their permanent income in addition to a portion of their current income. The increase in permanent income may not result in an immediate increase in consumption, but it will boost the consumption function over time.
b) An increase in nominal income will increase the demand for money. This increase in money demand will result in a rightward shift of the money demand curve. The increase in the money demand curve will raise the equilibrium nominal interest rate and cause the real interest rate to increase, as shown below:
Real Interest Rate = Nominal Interest Rate - Inflation Rate
Therefore, the rise in nominal income will lead to an increase in interest rates.
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Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.
Answer:
Hazard Communication Standard (HCS) training program
Explanation:
The type of training described in this scenario is known as the Hazard Communication Standard (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.
TRUE OR FALSE 81) High-speed analytic platforms use both relational and non-relational tools to analyze large datasets.
A) TRUE
B) FALSE
The given statement "High-speed analytic platforms use both relational and non-relational tools to analyze large datasets" is TRUE because these platforms are designed to handle big data and provide insights through analysis.
Understanding High-speed analytic platformsThey use a combination of relational tools, which are based on structured data and follow the relational database model, and non-relational tools, which handle unstructured or semi-structured data and are commonly known as NoSQL databases.
By using both types of tools, high-speed analytic platforms can efficiently process and analyze various kinds of data, thus enabling businesses and organizations to make well-informed decisions.
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Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
Which leadership skill do you feel is most important for a small business to succeed for a
long time? Explain your answer using examples. It's depends on the business that they are doing because they all have strengths and weakness.
A bank manager argues that everyone has equal access to home loans, and if they cannot get one it is based on lack of effort, not race. Which colorblind ideology does this exemplify
Answer:
A. abstract liberalism
Explanation:
Since in the question it is mentioned that the bank manger said that the everyone should access to home loans but if it is not done than the reason would be the lacking of effort not race so this represent the abstract liberalism as everyone provides the equal opportunity irrespective of the race, religion, culture they belongs
Hence, the correct option is A.
Leron is in high school and is interested in the Logistician career. Which accurately lists the most likely pathway
that Leron will take?
O high school diploma + certification
O high school diploma + associate's degree - licensure
O high school diploma + bachelor's degree
O high school diploma — master's degree internship
Answer:
Leron would have to get a high school diploma and then a bachelors degree. A bachelors degree is required for a entry level position. Hope that helps!
Explanation:
Economics: The supply of a good available in a market is likely to decrease when:
A. companies believe that the product's selling price will go up.
B. governments reduce regulations and taxes on a product.
O C. few workers have the skills needed to create the product.
D. technology used to make the product becomes widely available.
SUBMIT
Answer:
c. few workers have the skills needed to create the product
Explanation:
providing adequate medical benefits and safe working conditions addresses an employee’s need for _______ in the context of maslow's hierarchy.
Providing adequate medical benefits and safe working conditions addresses an employee’s need for safety and security in the context of Maslow's hierarchy.
Maslow's hierarchy of needs is a motivational theory that categorizes human needs into five hierarchical levels: physiological, safety, love/belonging, esteem, and self-actualization. The theory suggests that human beings have basic needs that must be met before they can progress to higher levels of personal growth and development.
At the second level of the hierarchy, safety and security needs are addressed. These needs include the need for physical safety, financial security, health, and well-being. Employers who provide their employees with adequate medical benefits and safe working conditions help to satisfy these needs, making it easier for employees to focus on other areas of their lives, such as socializing and pursuing personal goals.
Safe working conditions and medical benefits also help to reduce employee turnover and absenteeism. Employees who feel that their employers care about their well-being are more likely to remain loyal and committed to their jobs. Additionally, employees who have access to medical benefits are more likely to seek medical care when necessary, which can lead to better health outcomes and increased productivity.
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what are two resources within you that are important when choosing a career you would like
Answer:
Your happiness
education and training
social environment
Explanation:
QUESTION 1 You should dress in the same business casual every day, even if you have important meetings or presentations. True False 1 points Saved QUESTION 2 Powdered soaps tend to dissolve more effectively in water than liquid detergents. True False 1 points Saved QUESTION 3 Business casual means anything goes (sneakers, jeans, t-shirts, etc). True False 1 points Saved QUESTION 4 International standard business attire includes suits, jackets, dresses, long-sleeved shirts, ties, and leather shoes. _________________________ True False 1 points Saved QUESTION 5 A relaxed dress code adopted by many companies is commonly called dress casual. _________________________ True False
Answer:
False
False
False
True
True
Explanation:
What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs
Answer: Online marketing
Explanation:
Online marketing simply means marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs.
It is also called internet marketing and through the internet, a brand or business can be promoted by using tools that will help the business drive leads, traffic, and sales.
6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
What should i name my blue dinosaur
Answer:
Blu or Bluemoon
Explanation:
Cause I like them :D
What was the impact on the number of months it will take Janet to pay off her loan?
The impact of the number of months on Janet's loan repayment translates into more money.
When someone applies for a loan in a bank, they must take advantage of some conditions that the bank has to be able to disburse the amount of money that they require.
One of them is that you accept the interest on the loan. Banks generally put an interest that is equivalent to a small percentage of the total loan. For example:
Janet's loan is for $ 5,000 and the interest is 1.2%. Therefore, each month Janet must pay a fee (depending on the number of months in which she has divided the loan payment) and 1.2%.
So if she divided the 24-month loan, she must pay $ 208.33 plus 1.2%, which is equivalent to $ 60.
Note: This question is incomplete because there is some information missing. However I can answer it based on my prior knowledge.
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Answer:$ 60.
Explanation:
So if she divided the 24-month loan, she must pay $ 208.33 plus 1.2%, which is equivalent to $ 60.
3. State the underlying condition that a firm applies while hiring workers.
Answer:
Minimum wage
Explanation:
Minimum wage can affect the number of workers and wage paid to those workers, dependant on if it is a monopsony or PC firm hiring, the number of workers hired and wage paid will differ.
Do you think that a private limited
appropriate form of organization for Admin's business?
Justify your answer.
Private limited companies are a popular form of business organization due to their many advantages, including limited liability protection for shareholders, separate legal entity status, ease of ownership transfer, and perpetual existence. Additionally, private limited companies have the ability to raise capital through the issuance of shares, making them a suitable option for businesses looking to expand.
However, there are also some disadvantages to consider when choosing a private limited company as a form of business organization, such as higher compliance and administrative costs, restrictions on the transfer of shares, and limited access to public funding.
Ultimately, the decision to choose a private limited company as a form of business organization depends on various factors, including the nature and size of the business, the management structure, the ownership structure, the funding requirements, and the long-term goals of the business.
Therefore, private limited companies are a popular form of business organization due to their many advantages, including limited liability protection for shareholders, separate legal entity status, ease of ownership transfer, and perpetual existence.
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Li works at a multinational company in New York. His wife has recently been diagnosed with an illness that might keep her bedridden for at least a month. Li will have to stay home to look after her. Which act provides Li with the ability to apply for leave at his company?
Answer:
The Family and Medical Leave Act
Explanation:
The family and medical leave act grants eligible employees of covered companies the right to unpaid and job-protected leave for medical reasons. The law requires qualifying employers to allow eligible employees to take unpaid leave to attend to serious family health matters. This law permits eligible or qualifying employees to take up to 12 weeks leave for reasons such as childbirth and a serious personal or family sickness.
For each of the following events, explain the short-run and long-run effects on output and the price level, assuming policymakers take no action.
a. The stock market declines sharply, reducing consumers' wealth.
b. The federal government increases spending on national defense.
c. A technological improvement raises productivity.
d. A recession overseas causes foreigners to buy fewer U.S. goods.
The short-run and long-run effects on output and the stock market price level, assuming policymakers take no action. The correct answer is b. The federal government increases spending on national defense.
Before creating a product, a company conducts extensive market research to ensure that it will fully satisfy the needs of its customers. Research is being done on customer requests and wants.
Continuous research can enhance the quality of your product once the target market has been identified, the company is operating smoothly, and the clients are happy. A corporation can use this research to improve the quality of its product in accordance with the degree of customer satisfaction because ongoing research will provide us with insight into the shifting preferences of the customers.
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Use the AS/AD model to explain each of the following:
Why is that equilibrium output not the full employment
output?
In the AS/AD (Aggregate Supply/Aggregate Demand) model, the equilibrium output may not be the full employment output due to a variety of factors, including a gap between AD and AS.
The AS/AD model helps analyze the interaction between aggregate demand and aggregate supply in an economy. The equilibrium output represents the level of real GDP where aggregate demand equals aggregate supply. However, this equilibrium output may not coincide with the full employment output for several reasons.
One possible reason is a deficiency in aggregate demand. If aggregate demand falls short of the level required to reach full employment, it creates a demand gap. This means that the economy is not utilizing all available resources and labor to produce at its maximum capacity. As a result, the equilibrium output will be lower than the full employment output.
Factors contributing to a deficiency in aggregate demand could include a decrease in consumer spending, reduced investment levels, or a decline in government spending. These factors can lead to a decrease in overall demand for goods and services, causing the economy to operate below its potential.
To achieve full employment output, there needs to be an increase in aggregate demand to close the demand gap and stimulate production and employment. This can be achieved through fiscal policies, such as increased government spending or tax cuts, or monetary policies, such as lowering interest rates to encourage borrowing and investment.
In conclusion, the equilibrium output may not be the full employment output in the AS/AD model due to a deficiency in aggregate demand. When aggregate demand falls short of the level necessary to reach full employment, it results in a lower equilibrium output, indicating an underutilization of resources and labor in the economy. Closing the demand gap through appropriate economic policies can help achieve full employment output.
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If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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