An increase in income will cause savings to increase. Income is the answer..
An increase in income is one of the primary determinants of an increase in savings, as the greater the income, the more funds that are available for savings. In general, an increase in income will result in an increase in savings since as income increases, so do the discretionary funds that can be put aside for future needs, investments, or purchases. The amount of income is an essential factor in determining how much individuals can save. As income increases, so do savings. If someone’s income is inadequate, it becomes difficult for them to save, and the probability of financial difficulty becomes greater. People are more likely to save money when their income rises. As a result, the relationship between income and savings is direct and proportional. The more money people make, the more they can save.
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Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.
A. Other businesses
B.Employees
C.the government
D.charity organizations
Answer:
B. Employees
Explanation:
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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Blanche has a survey for a property in Orlando that is in a subdivision. Which survey method would likely have been used for the parcel?
Lot and block
Rectangular
Government survey
Metes and bounds
The likely survey method used for the parcel in the subdivision in Orlando is Lot and block. In a Lot and block survey, each lot is assigned a unique number or letter, and the boundaries are typically defined by reference to recorded plats or maps.
Lot and block surveying is a common method used in subdivisions to establish property boundaries and legal descriptions. It involves dividing the land into individual lots and assigning block numbers to groups of lots. This method simplifies the identification of specific parcels within the subdivision and allows for efficient record-keeping and property transfers.
In a Lot and block survey, each lot is assigned a unique number or letter, and the boundaries are typically defined by reference to recorded plats or maps. The legal description of the property includes the lot and block numbers, which are used to accurately identify the parcel within the subdivision.
This method is widely used in subdivisions where multiple properties are being developed within a planned community or neighborhood. It provides a systematic and organized approach to surveying and documenting property boundaries, ensuring clarity and consistency in property ownership and transactions.
Therefore, option Lot and block is correct here.
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On March 14, Ian Co. accepted a 180-day, 5% note in the amount of $1,000 from Ali Co., a customer. On the due date of the note, Ali dishonors the note and fails to pay. The journal entry that Ian would record on the due date would include a: (Check all that apply.) Multiple select question. credit to Notes Receivable for $1,000. debit to Accounts Receivable - Ali for $1,025. debit to Interest Revenue for $25. debit to Notes Receivable for $1,025. credit to Accounts Receivable - Ali for $1,000. credit to Interest Revenue for $25.
Answer:
Debit to Accounts Receivable - Ali for $1,025,
Credit to Interest Revenue for $25,
Credit to Notes Receivable for $1,000,
Explanation:
Based on the information given The appropriate journal entry that Ian would record on the due date would include a:
Debit to Accounts Receivable - Ali for $1,025,
($1,000+$25)
Credit to Interest Revenue for $25,
(5%*$1,000*180 /360)
Credit to Notes Receivable for $1,000,
How do professional organizations and associations promote career preparation and offer opportunities? Write a one- or two-paragraph response based on the reading. Include supporting evidence in the form of reasons, facts, or details
Professional organizations and associations are collegiate structures in which the members of a certain profession come together, with the aim of contributing to the better development of professional practice.
What is profession?A successfully professionalized field of employment is referred to as a profession.
It can be characterized as a disciplined team of people, professionals, who uphold ethical standards, present themselves as, and are recognized by the public as possessing, special knowledge and skills in a widely acknowledged body of learning derived from research, education, and training at a high level, and who are ready to apply this knowledge and exercise these skills in the interest of others.
Professional careers are built on specialized education, and their main goal is to provide people with impartial, objective advice and assistance in exchange for a clear, direct payment that is entirely unrelated to any expectation of future financial benefit.
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Professional organizations and associations promote career preparation and offer opportunities in a variety of ways. One of the most important ways is by providing access to educational resources and training opportunities. Many professional organizations and associations offer workshops, seminars, and online courses that help members develop new skills and stay up-to-date on the latest trends and best practices in their field. For example, the American Marketing Association offers a wide range of professional development programs, including online courses, workshops, and certifications, designed to help members improve their marketing skills and advance their careers.
In addition to educational opportunities, professional organizations and associations also provide a variety of networking opportunities that can help members connect with other professionals in their field. This can be especially valuable for individuals who are just starting out in their careers or who are looking to transition to a new role or organization. For example, the Association for Computing Machinery hosts conferences and networking events that bring together computer science professionals from around the world, providing opportunities for members to meet potential employers, collaborators, and mentors.
Which of the following conditions make it favorable for a retailer to launch a store-brand?
Select one:
a. The retailer also sells manufacturer's brands
b. The retailer has filed for bankruptcy and can no longer afford national brands.
c. The retailer has a very small advertising budget
d. The retailer does not sell manufacturer's brands
e. The retailer has a solid reputation for quality products
Retailers may find it favorable to launch a store-brand in certain conditions, such as when they have a strong brand image,
customer loyalty, and a well-established supply chain that enables them to produce high-quality products at a lower cost than their competitors. Additionally, a store-brand may be more profitable than selling established brands because it allows retailers to set their own prices and capture a larger portion of the profit margin. Retailers may also launch a store-brand to differentiate themselves from their competitors and provide unique offerings to their customers.
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Ernst, Frieda, and Gertrude bought Blackacre, a three-bedroom house, and took title as tenants in common. They bought Blackacre as an investment and planned to rent it out. However, Frieda and Gertrude loved the house and decided to move in. Ernst wants Frieda and Gertrude to pay him rent for living in a house that is one-third his, after all. Frieda and Gertrude flat out refuse to do so and tell him he's free to move in with them if he wants to. Which of the following is true?
A. Frieda and Gertrude owe Ernst two-thirds of the rental value of the house.
B. Frieda and Gertrude owe Ernst one-third of the rental value of the house.
C. Frieda and Gertrude do not owe Ernst rent, but the value may be taken into
account in determining liability for carrying charges such as insurance in an accounting action.
D. If the three were joint tenants instead of tenants in common, Frieda and Gertrude
would have to pay Ernst rent.
Ernst does not owe Frieda and Gertrude rent, but the value may be considered in determining liability for carrying charges such as insurance in an accounting action is true.
Accounting is the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations.
Accounting standards are authoritative financial reporting standards that serve as the primary source of generally accepted accounting principles (GAAP).How to recognize, measure, present, and disclose transactions and other events in financial statements is outlined in accounting standards.
Hence, the correct answer is "C" option.
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_____ is closely related to intrinsic motivation: Employees believe that they have the ability and autonomy to do meaningful work.
Empowerment is closely related to intrinsic motivation. It occurs when employees believe that they have the ability and autonomy to do meaningful work.
This means that they are given the resources and support they need to be successful, and that they have the freedom to make decisions and take actions that align with their goals and values. Empowerment is a motivational concept that is used to describe the degree to which employees feel that they have control over their work and are able to make meaningful contributions to the organization.
It is closely related to intrinsic motivation because it is based on the idea that people are motivated by the work itself and by the sense of accomplishment and fulfillment that comes from doing meaningful work.Intrinsic motivation refers to the internal factors that drive behavior. This type of motivation is characterized by an interest in the task itself, a desire to learn and improve, and a sense of autonomy and control.
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A client has a third-degree burn on the leg. The wound is being treated by the open method. After about 4 days, a hard crust has formed around the leg and is impairing the circulation to the leg. What procedure would be done to relieve pressure on the affected area?
A. escharotomy
B. debridement
C. allograft
D. silvadene application
your answer is third hope it's helpful to you
Allograft procedure would be done to relieve pressure on the affected area.
What is Allograft?Allograft refers to the transplant of an organ or tissue from one person of the same species to another with a different genotype. For instance, an allograft is a transplant from one individual to another who is not an identical twin. Many human transplants, including those involving cadaveric, live related, and living unrelated donors, use allografts. also referred to as a homograft or an allogeneic graft.
Allografts can be used in a variety of conditions with varied degrees of severity. For instance, bone allograft transplants can be utilized for more cosmetic purposes in dentistry or plastic surgery, as well as to repair limbs in orthopedics.
Allograft transplants can be employed both during the operation and directly for the treatment of patients. A type of bone putty created from donated bone or tissue material is called a demineralized bone matrix. Musculoskeletal allograft transplants are the most popular kind of allograft transplants.
This relates to one of the primary justifications for the use of allograft transplants: synthetic materials can have characteristics that differ from those of biologically human tissue and may not be appropriate for the intended application. In addition, tissue from an allograft transplant usually fuses with the recipient's own tissue over time, becoming an indistinguishable component of the recipient's body. If one's own tissue cannot be used in sufficient quantities, allograft transplants may be employed.
Tissues can be prepared for allograft transplantation using a variety of techniques. To get rid of as many cellular components as feasible, the tissue is treated with antibiotics, and detergents during aseptic processing.
It is also possible to chemically sterilize allograft tissue using the sterilization process. Gamma irradiation, a type of electromagnetic radiation that purges the tissue of microorganisms, is frequently combined with this. However, viruses might not be eliminated by gamma radiation.
Hence, correct option is C.
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Game theory, Economics
("Lowest-Price-Auction")
Consider the sealed-bid "lowest-price- auction", an auction where the highest bidder wins but he pays the lowest bidder’s bid. There are n > 2 bidders. The values for the object of the bidders are ordered by v1 > v2 > ... > vn > 0 and known to all bidders. If several bidders bid the highest bid, then the bidder with the "lowest" name gets the object. (E.g. if both bidders 3 and 6 have the highest bid, then bidder 3 will get the object because his name, "3", is lower than "6".) Show that for any bidder i, the bid of vi weakly dominates any lower bid. Show further that for any bidder i, the bid of vi does not weakly dominate any higher bid. Next, show that the action profile in which each player bids her valuation is not a Nash equilibrium. Finally, find a symmetric Nash equilibrium.
Game theory is a branch of mathematics and economics that examines how people make choices in competitive situations where the outcome depends on the choices of others.
A Nash equilibrium is a state in which every player is pursuing their best strategy given the strategies of the other players. Let's examine the "lowest-price-auction" game.1. Bid of vi weakly dominates any lower bid For any bidder i, the bid of vi is weakly dominant over any lower bid. Because the bidder with the lowest bid wins the auction, a bidder should always bid less than their valuation to avoid winning the auction and paying a higher price than they would have if they hadn't bid at all.2. Bid of vi does not weakly dominate any higher bid For any bidder i, the bid of vi is not weakly dominant over any higher bid. If a bidder bids less than their valuation, they risk losing the auction and potentially paying a lower price than they would have if they had bid their valuation. As a result, bidding one's valuation is the best option, but bidding above one's valuation is risky because they may end up winning and paying a higher price than necessary.3. Bidding one's valuation is not a Nash equilibrium If all bidders bid their valuation, the bidder with the lowest number would win the auction, and they would pay the price bid by the second-highest bidder. If any bidder deviates from this strategy and bids slightly less than their valuation, they would not win the auction and would not pay more than their valuation. This implies that bidding one's valuation is not a Nash equilibrium.4. Finding a symmetric Nash equilibrium For n = 3, a symmetric Nash equilibrium is where all players bid the second-highest valuation. When n > 3, there are multiple Nash equilibria, but one simple one is where all players bid the lowest valuation except for the highest bidder, who bids their valuation. This is a symmetric equilibrium because all players have the same strategy.
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An accounts receivable manager processes 200 checks per day with an average process time of 15 working days. What is the average number of accounts receivable checks being processed in her office? What if through information technology she reduces the processing time from 15 days to 10 days to 5 days? What are the advantages and disadvantages of adopting this technology? Explain.
The average number will continue to decrease if the time required is shorter. Adopting technology also has some advantages and disadvantages.
To calculate the average number of accounts receivable checks being processed in the manager's office, we need to multiply the number of checks processed per day by the average process time, here's the steps:
200 checks/day x 15 days = 3,000 checks
If the processing time is reduced to 10 days, the average number of accounts receivable checks being processed in the manager's office would be:
200 checks/day x 10 days = 2,000 checks
And if the processing time is further reduced to 5 days, the average number of accounts receivable checks being processed in the manager's office would be:
200 checks/day x 5 days = 1,000 checks
The advantages of adopting information technology to reduce processing time are:
1. Increased efficiency: Information technology can automate many of the manual processes involved in accounts receivable management, reducing the time and effort required to process checks.
2. Improved accuracy: By automating processes, information technology can reduce the risk of errors and improve the accuracy of accounts receivable records.
3. Faster payment processing: With faster processing times, accounts receivable managers can process payments more quickly, reducing the time it takes to receive payments from customers.
The disadvantages to adopting information technology:
1. Cost: Implementing information technology can be expensive, especially for small businesses that may not have the resources to invest in new technology.
2. Training: Employees may need to be trained on how to use the new technology, which can take time and resources.
3. Security risks: Information technology can be vulnerable to security breaches, which can compromise sensitive financial information.
Overall, the benefits of adopting information technology for accounts receivable management can outweigh the disadvantages, but it's important to carefully consider the costs and risks involved before making a decision.
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Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
what is the value of a perpetual bond with a par value of $1,000 and a coupon rate of 9% (semiannual coupon)? the bond has a yield to maturity of 6.40%. group of answer choices
The value of a perpetual bond with given values will be $703.13. To calculate the value of a perpetual bond, we need to use the formula for the present value of a perpetual bond. The formula is as follows:
Value of perpetual bond = Coupon payment / Yield to maturity
The coupon payment can be calculated by multiplying the par value by the coupon rate. In this case, the par value is $1,000 and the coupon rate is 9%, which is a semiannual coupon.
So, the coupon payment would be $1,000 * 9% / 2 = $45. The Yield to maturity is given 6.40%.
Now, let's substitute the values into the formula:
Value of perpetual bond = $45 / 6.40%
To calculate the value, divide the coupon payment by the yield to maturity. In this case, the yield to maturity is 6.40%.
Value of perpetual bond = $45 / 6.40% = $703.13
Therefore, the value of the perpetual bond with a par value of $1,000, a coupon rate of 9% (semiannual coupon), and a yield to maturity of 6.40% is $703.13.
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How should you dress for a phone interview? (Site 1)
online content
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Name and briefly describe the quantitative methods of control (ABM)
Mathematical and statistical techniques are the two main categories of quantitative management methods.
What is quantitative management?Computers and mathematical methods are used in quantitative management to sort through financial statistics and choose stocks. Managers use previous quantitative linkages they have observed to inform "models" that aid in stock selection.
Screening is the process of examining historical information on businesses using a computer. A quantitative manager may develop a program to screen 2,000 stocks based on a specific set of traits or criteria.
The manager might prove, for instance, that historically, stocks with low price-to-earnings ratios and rapid earnings growth during the previous two years outperformed the market the following year.
The simplicity of using a model once it is established is the obvious advantage. Given the constantly shifting landscape of the financial markets, developing the model is the challenging aspect.
It might be challenging to incorporate enough adaptability into a model in quantitative management without adding too many additional variables.
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During which time period was the annual rate of increase of the speed the greatest? a) from year 1 to year 2 b) from year 1 to year 3 c) from year 1 to year 4 d) from year 1 to year 5
The annual rate will increase with the greatest speed from year 1 to year 3.
What is the growth rate?A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.
The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.
From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.
From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.
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What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
market timing
Explanation:
because that way u wont miss customers
Which of the following is true of corporate chain retailers as compared to single-store retailers?
a. They rely on their owner-managers’ capabilities to make the broad range of necessary retail decisions.
b. They are more likely to tailor their offerings to their customers’ immediate needs.
c. They can effectively negotiate lower prices for merchandise.
d. They are more likely to incur high charges for advertising.
e. They are more likely to respond quickly to the customer needs.
c. They can effectively negotiate lower prices for merchandise.
Among the given options, the statement that is true of corporate chain retailers compared to single-store retailers is that they can effectively negotiate lower prices for merchandise.
Corporate chain retailers, by operating multiple stores under a centralized management structure, have greater purchasing power and economies of scale. They can leverage their larger size and volume of purchases to negotiate more favorable terms with suppliers and obtain lower prices for merchandise. This ability to negotiate bulk discounts and favorable pricing arrangements is a significant advantage for corporate chain retailers and allows them to potentially offer competitive prices to their customers.
While other options may also apply to certain corporate chain retailers, such as utilizing owner-managers' capabilities (option a) or tailoring offerings to customers' immediate needs (option b), they are not universally true for all corporate chain retailers. Option c, on the other hand, highlights a benefit that corporate chain retailers are more likely to enjoy due to their size and bargaining power in the marketplace.
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Which of the following is an example of an unethical business
practice?
A. Rachel hires Jeff instead of Tom for a landscaping job
because Jeff is able to lift 50 pounds and Tom cannot.
B. Carlos knows that his company is stealing money from
customers and he reports this abuse to the government.
C. Jordan promises Heather a promotion and pay raise, but
later breaks that promise so that another employee gets
these benefits
D. Candice has to give her employee Hank a negative
performance review based on poor sales numbers, even
though they are friends.
Answer:
A. Rachel hires Jeff instead of Tom for a landscaping job because Jeff is able to lift 50 pounds and Tom cannot.
Explanation:
Unethical business practice is acting against the laid down procedures. It is behaving contrarily to the professional expectations. Unethical business practice is behaving badly in the office.
Rachel hires Jeff instead of Tom for a landscaping job is unethical behavior. It appears Jeff was more qualified and deserved the job. Rachel hired Jeff based on reasons irrelevant to the job. Rachel did not behave as expected.
Answer:
C. Jordan promises Heather a promotion and pay raise, but
later breaks that promise so that another employee gets
these benefits
Explanation:
Harold borrowed P 1800 from his uncle last December 25,2019 . He promised that he will pay his uncle on February 14, 2020 at 8% interest. Find the exact simple interest to be paid by Harold. a. 19.72 b. 20.4 c. 20.12 d. 20
Harold borrowed P1800 from his uncle on December 25, 2019, and promised to repay it on February 14, 2020, with an 8% interest rate. The question asks for the exact simple interest that Harold needs to pay 20.12 (option c).
To calculate the simple interest, we need to use the formula: Interest = Principal * Rate * Time.
In this case, the principal is P1800, the rate is 8% (or 0.08 as a decimal), and the time is the number of days between December 25, 2019, and February 14, 2020.
Calculating the number of days between the two dates, we have:
February 14, 2020 - December 25, 2019 = 51 days.
Now we can calculate the interest:
Interest = P1800 * 0.08 * (51/365) = P20.10958904109589.
Rounding to the nearest cent, the exact simple interest to be paid by Harold is P20.12 (option c).
It's important to note that the interest calculation assumes simple interest, meaning that the interest is only based on the principal amount and does not compound over time.
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Need sum big help fast if possible
With give brainlyest n 20 points
Which of the following is suggested by a high debt-to-equity ratio in a profitable company?
A business must raise the value of its assets higher than liabilities.
A business has a negative return on equity and shareholders' deficit.
A business is aggressively buying assets with borrowed funds.
A business's profit margin is increasing rather than decreasing.
In general, lenders and investors view businesses with high D/E ratios as riskier risks because they may be financing a sizable portion of their prospective growth through borrowing. Thus option(C) is correct.
What is business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
A low debt-to-equity ratio shows that there is more equity investment from shareholders than there is debt financing from lenders. A larger ratio means that more of the company's financing comes from borrowing, which could put the business at risk if debt levels are too high.
Therefore, Thus option(C) is correct.
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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?
When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.
Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.
Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.
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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?
Answer:
Price of stock = $74.636
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity
Present value of dividend from year 1 to 8
The PV of the growing annuity = A/r-g) ( 1- (1+g)/(1+r)^n )
A- dividend payable now , r- required of return, g-growth rate, number of years
PV = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605
PV of Dividend from year 9 and beyond:
P = D× g/(r-g)
This will be done in two steps:
Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250
Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030
Price of stock = 17.60 + 57.030= 74.63
Price of stock = $74.636
Ted's property is in foreclosure, but he has some equity in his property. An investor suggests that she and Ted enter into a sales contract for a substantially higher price than the investor would actually pay. The investor pockets the cash and allows the house to be foreclosed on. What sort of scheme is this
Based on the given information the sort of scheme is: Equity skimming.
What is Equity skimming?Equity skimming can be defined as the way in which an investor defraud or steal a person property equity because the property is in foreclosure.
Since the investor pockets the cash he received from Ted and allow the house to be foreclosed the investor is engaging in what is called equity skimming which is fraudulent acts.
Inconclusion the sort of scheme is: Equity skimming.
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be my friend and u get brainly and 100 points
Answer:
hi friend
Explanation:
What does it mean to use diverse marketing strategies?
Answer:
Diversity refers to the fact that there are various ethnic or cultural groups within society. By using diverse marketing strategies, you appreciate this societal makeup with all of its different talents, needs, interests, and skills. It also means tolerating different preferences and ways of life — even in religious or sexual orientation.
Explanation:
The nominal interest rate could best be described as the___rate.
Answer:
stated
Explanation:
The nominal interest rate could best be described as the stated rate.
The nominal interest rate could best be described as the stated rate. Thus, 'stated rate' is the correct answer.
What is the nominal interest rate?The nominal interest rate, also known as the nominal rate of interest, is the interest rate that is quoted on a loan or investment without any changes or expenses. Real interest rates can be used to account for the effects of inflation. This real interest is what the lender really receives in the case of a loan.
The (effective) real rate of interest, for instance, is zero if the lender receives an interest rate of 8% from a loan and inflation is also 8%. Despite the increased nominal amount of currency received, the lender would not benefit financially from such a loan because each unit of currency would be devalued because of inflation by the same factor as 8%.
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Q 8.21: On May 12, 2017, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2017, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2017
Answer:
Cash received on account =$ 6381.63
Explanation:
The payment terms 3/10, n/30 implies that if Guzman Housewares pays within the next 10 days of purchase, it will receive a discount of 3% of the net invoice amount and that the latest date for the settlement of bill is within the next 30 days of purchase.
The latest payment date to qualify for discount is May 27th i.e ( May 12 + 10) but the payment was made by May 20th , so this qualifies Guzman Housewares for the discount.
The net amount of cash received by Blue Company is computed as follows:
Net sales = Gross sales - Returns inwards ( Sales returns)
= 6,897 - 318 =$6,579
Cash received on account = Net sales - discount
= =$6,579 - (3%×6,579) = $6,381.63
Cash received on account =$ 6381.63
What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation: