Answer:
The answer I prefer is
Explanation:
An employer identification number.
Hope this helps....
Have a nice day!!!!
Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk. Carol's carelessness is violating what federal law
Answer: Fair and Accurate Credit Transaction Act
Explanation:
From the question, we are informed that Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk.
Carol is violating the Fair and Accurate Credit Transaction Act. The Act was put in place to detect and also hinder Identity theft.
Ryan, a foreign-exchange dealer, sold U.S. dollars for Swiss francs in the United States, then sold Swiss francs for Japanese yen in Switzerland, and then sold the Japanese yen for U.S. dollars in the United States. Ryan hopes that he will end up with more U.S. dollars than when he began. Which term best describes Ryan's actions
Answer: Arbitrage
Explanation:
Arbitrage occurs when an economic agent such as an individual buys and sells currencies, securities, or commodities in several markets simultaneously so that the individual can take advantage of the different prices that is charged for the same asset. This is the method that is being used by Ryan in the question.
Sanchez Inc. reported the following on the company's cash flow statement for 20Y7: Net cash flow from operating activities $500,000 Net cash flow used for investing activities (200,000) Net cash flow used for financing activities 150,000 Thirty percent of the cash flow used for investing activities was used to purchase property, plant, and equipment. What is the free cash flow for 20Y7?
Answer: $440,000
Explanation:
From the question, we are informed that the net cash flow from operating activities is $500,000, the net cash flow used for investing activities is (200,000) and that the net cash flow used for financing activities 150,000. We are further told that thirty percent of the cash flow used for investing activities was used to purchase property, plant, and equipment.
The free cash flow for 20Y7 will be:
= $500,000 - ($200,000 × 30%)
= $500,000 - ($200,000 × 0.3)
= $500,000 - $60,000
= $440,000
Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wants out of the deal. However, their uncle Jerry wants to replace Shannon on the contract. Shannon agrees to the substitution so they go ahead and do it. This is an example of ________.
Answer:
Novation.
Explanation:
In this scenario, Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wants out of the deal. However, their uncle Jerry wants to replace Shannon on the contract. Shannon agrees to the substitution so they go ahead and do it. This is an example of novation.
Novation can be defined as the process or an act of legally replacing a party in a contract with another, adding an obligation to engage or replacing a contractual obligation to perform with another based on the consent of all involved parties.
The condition where Shannon wishes to get out of the deal and Jerry is replacing Shannon to a contract with Rene, such a contract is referred to as a contract by novation.
A novation contract is dependent on the willingness of both the parties for such replacement as a matter that only the person will replace another and the conditions of the contract do not change.
A contract by novation refers to replacement of undertaking the liabilities and benefits of an already entered contract by one or more person with respect to contract being valid.An illegal contract created without the knowledge of such person who replaces the concerned person for the benefits and liabilities will constitute as a contract viod ab initioThe person who replaces the concerned person will have the sole responsibility of the conditions arising out of entering such contract and hence there will be a direct and unlimited liability.Hence, the correct statement will be that Jerry will be responsible for the benefits and liabilities arising out of such contract which will be shared by Rene as it is a contract by novation.
To know more about novation contract, click the link below.
https://brainly.com/question/6350023
"A customer places an order to buy 100 shares of ABC at the market. The broker enters the order and receives a report of execution shortly thereafter. Ten minutes later, the customer telephones, and states that he placed the order in error and wishes to cancel the order. The appropriate procedure is to:"
Answer:
Explanation:
In this situation , the order has been placed and executed . Cancelling the order is impossible . The execution of an order is the completion of a buy or sell order for a security ,hence it is irrevocable and biding on both the seller and the buyer and none of the two parties can cancel it at such time.
The best and appropriate procedure to handle the situation is to explain the procedures and guiding rules in buying stock to the customer and make him to realize that the order has been executed and biding on them.
Lewis works in a marketing firm and is assigned a very energetic team however lately has not experienced much growth in his career what can he do to boost his career growth? A. always ask for more resources during difficult times. B. ask for a different team to work with. C. offer creative solutions to problems during team discussions. D. post derogatory messages about the company on social media.
Answer:
C
Explanation:
The correct option would be to be offering creative solutions to problems during team discussions.
Offering creative solutions to problems will raise the general performance of the marketing team which will eventually rub off on the career of Lewis himself. The higher the performance of the marketing team, the more growth the career of Lewis would experience.
Asking for more resources or different teams to work with might not solve any problem and worse still, might not be sustainable. Posting derogatory messages about the company on social media is definitely a good way to go down career-wise.
Correct option: C.
Transformational leaders: Group of answer choices Follow what top management sets as its goals for the organization Connect the follower's behavior to the collective identity of the organization Causes change in individuals and social systems Empower employees to act based on their ethical goals and values
Answer:
Causes change in individuals and social systems
Explanation:
Transformational leaders causes change in individuals and social systems
Suppose that sharply lower coffee prices lead to a decrease in the demand for tea. Tea price decreases, and the tea producers experience short-run economic losses. If the tea industry is a price-taker market, after sufficient time is allowed for the market to adjust fully to the decrease in the demand for tea, one would expect the tea industry's output to
Answer:
C)decline and economic losses to disappear.
Explanation:
here are the options to this question :
A)increase and economic losses to persist. B)decline and economic losses to persist. C)decline and economic losses to disappear. D)increase and economic losses to disappear
Coffee and tea are substitute goods. As a result, of the fall in price of coffee, the demand for tea would decrease. The decrease in price of tea would lead to an inward shift of the demand curve, assuming supply remains unchanged in the short run, equilibrium quantity would fall and equilibrium price would fall. this leads to firms in the tea industry experiencing economic losses.
In the long run, firms would exit the tea industry, output would reduce and economic losses would disappear
A sales agent, employed by the Sponsor's first-tier, downstream, or related entity (FDR), submitted an application for processing and requested two things: 1) to back-date the enrollment date by one month, and 2) to waive all monthly premiums for the beneficiary. What should you do?
Options :
A. Refuse to change the date or waive the premiums, but decide not to mention the request to a supervisors or the compliance department
B. Make the requested changes because the sales agent determines the beneficiary's start date and monthly premiums
C. Tell the sales agent you will take care of it, but then process the application properly (without the requested revisions) - you will not file a report because you don't want the sales agent to retaliate against you
D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request
E. Contact law enforcement and the Centers for Medicare & Medicaid Services (CMS) to report the sales agent's behaviro
Answer: D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request.
Explanation: In the scenario described above, the sales agent request are huge and probably violates ideal business process. When such requests are made, it is important to take note of the requester and it's requests even though such request of rolling back enrollment date and waiving of monthly premium should not be processed. The appropriate heads and stakeholders should be duly informed such as the suowrvisor and compliance officer in other to investigate and uncover why such request was made by the sales agent and then take necessary steps required.
A broker arrives to present a purchase offer to a disabled woman and finds her son and his wife also present. In the presence of the broker, both individuals persistently urge the woman to accept the offer, even though it is much lower than the price she has been asking for her home. If the woman accepts the offer, she may later claim that
Answer:
she was under undue influence from her son and daughter in law and therefore the contract is voidable
Explanation:
Since in the question it is mentioned that the broker made a purchase offer to a disabled woman also his wife and her son are present. The price is very much lower and in the case when the women accept the offer and later she said due to pressure she accepted the offer.
As she is a disabled person and the people who are disabled, blind, are not capable to enter into a contract
Therefore the contract is voidable
Throughout the entire semester, you were trained to relate expenses to the revenues generated in the same accounting period. Differently put, the Income Statement must show the revenues and relevant expenses that took place in the same period. Which principle is related to this practice
Answer:
matching principle
Explanation:
In this scenario, the principle related to this practice is known as the matching principle. In accrual accounting, this states that revenues should be recorded during the period in which they are earned, regardless of when the transfer of cash occurs. Meaning that if a company earns $5,000 in product sales in August but receives a $1000 commission for those products in September, the commission needs to be reported on the August statement alongside the sales.
Enter the following transactions in the cash book of Sudhir & sons
j jl Ulrich upvpici jl ljc
If a manager believes there are too many pay levels and would like to reduce the number of pay levels from 30 to 20 by combining multiple pay levels, it will engage in ______.
Answer: Broadbanding
Explanation:
Broadbanding is a strategy employed in Human Resources when it is believed that there are too many pay levels. Broadbanding will change this as it involves the banding together of various smaller levels into Broad level so that the pay levels are less in number but wider in range.
Broadbanding gives a business the opportunity to become flatter in hierarchy thereby allowing for pay increases without having to promote a person as they will still be in the same band but get more salary.
Which of the following statements is FALSE? A. Investments with higher volatility have rewarded investors with higher average returns. B. Volatility seems to be a reasonable measure of risk when evaluating returns on large portfolios and the returns of individual securities. C. Riskier investments must offer investors higher average returns to compensate them for the extra risk they are taking on. D. Investments with higher volatility should have a higher risk premium and, therefore, higher returns.
Answer: B. Volatility seems to be a reasonable measure of risk when evaluating returns on large portfolios and the returns of individual securities.
Explanation: Over time, investment with high degree of volatility, which refers to the rapid unpredictability associated with the price or value of an investment seems to have ditched out higher returns and risk premium on those investment to investors in other to reward them for making such unpredictable investment. This said, the risk associated with an investment plays a huge factor in determining the average return issued to investors as higher risk investment attracts higher returns. However, when evaluating large portfolios and return of individual securities, volatility such not be used as a reasonable determinant of the risk associated with such investment as the large portfolios and individual securities are usually prone to unpredictability which should not be translated to the probability that such investment will result in loss of capital.
The economy begins in equilibrium at point E, representing the real interest rate r 1 at which saving S 1 equals desired investment I 1. What will be the new equilibrium combination of real interest rate, saving, and investment if there is a technological innovation that increases the demand for investment goods
Answer:
hello below is the missing diagram needed for the question
answer : point B
Explanation:
when there is a technological innovation that increases the demand for investment and goods the real interest rate,savings and investment will take a positive outlook i.e take a shift to the right , this is due to the increase in investment and a corresponding increase in demand by consumers
Technological innovation are very vital for the expansion of production by companies and firms who provide either goods or services
Alaska king crab fishing in the 1960s and 70s was a dangerous but rich fishery. Boats from as far away as California and Japan braved treacherous waters to reach the abundant king crab beds in Cook Inlet and Bristol Bay, major waters along the southern Alaska coast. In the early 1980s, the fishery crashed due to overfishing. All crabbing in those areas ended. To this day, there is no crabbing in Bristol Bay or Cook Inlet. a. How would an economist explain the decline of the Alaska king crab fishery
Answer:
Common good
Explanation:
The decline of the Alaska king crab fishery would be explained using the concept of common good.
Now to provide further explanation on what a common good is:
A common good is a good that is beneficial to all persons. Such a good serves everybody as there is no exclusion or rivalry. One major problem with common goods are a depletion of resources. This is what happened when the fishery crashed due to fishery because everyone is entitled to it and uses it, the problem of overfishing was bound to happen.
Cardiac Science is a California-based company that makes defibrillators,heart monitors,and other medical equipment.It is preparing to market its products in Greece.The company's marketing manager is responsible for the promotional campaign in Greece,and she wants to avoid any problems that might arise because her field of experience does not coincide with that of her Greek target audience.Which of the following is the best example of a communications problem that might arise because her field of experience is different from that of her audience?
A) The name of the product,when translated into Greek,has an unintentional meaning.
B) Her target audience is strongly ethnocentric.
C) The trade journals in which the company wants to run its ads do not accept ads from foreign companies.
D) A Greek bureaucrat who is responsible for determining that the Cardiac Science products meet national standards has taken a personal dislike to her.
E) The ads are in trade journals that Greek hospital administrators don't read.
The correct answer is A) The name of the product, when translated into Greek, has an unintentional meaning.
Explanation:
In business, communication problems can emerge due to a difference in language that prevents the business from communicating appropriately its purpose, name, slogan, and from advertising its products. This mainly occurs if the translation does not reflect the original meaning or there are cultural features that create a barrier.
This situation occurs in "The name of the product when translated into Greek, has an unintentional meaning" because due to the lack of experience of the manager in Greece and the differences in language, she does not know how to communicate in Greek the name of the company, which creates a communicative barrier as Greek customers will not understanding the real meaning of the company.
Internal development of a new business subsidiary can be a more attractive means of entering a desirable new business than is acquiring an existing firm already in the targeted industry when A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up. B. there is a large pool of desirable acquisition candidates. C.the target industry is growing rapidly and good joint venture partners are available. D. all of the potential acquisition candidates are losing money. E. the target industry is comprised of several relatively large and well-established firms.
Answer:
A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up
Explanation:
Businesses consider factors like time and available resources to pursue projects. This is in an effort to ensure continuous flow of profit.
When a company wants to enter into a new industry it has the option of either buying an existing firm in that industry or developing a firm internally to break into the new industry.
Buying an existing company will save time and profits can start flowing immediately. It can also be a cheaper option.
Internal development of a firm to enter the industry will take more time to establish, and also more resources to build from the ground up.
Team members support one another when they view differences as being
Answer:C
Explanation:
Qualities and skills the add value
Answer:
qualities and skills that add value
Explanation:
Mika has borrowed $5,000 from her cousin Jun and not repaid it. Now, Mika is selling her house to Jun’s nephew, Cheong. As Mika writes up the contract, Jun tells her that if she doesn’t sell the house at a steeply discounted price, Jun will take the matter of the $5,000 to court. What is true about this situation?
Answer:
Jun's pressure and influence has invalidated Mika's consent.
Explanation:
By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above
Tyrone's boss said that he can come and work for an extra 3 hours this afternoon, but it is optional. Tyrone decided to go to the beach instead. Assuming he makes $14 an hour (after taxes) and his trip to the beach costs him $10 in gas and toll, how much is his opportunity cost to go to the beach?
Answer:
$4
Explanation:
The computation of the opportunity cost for going to the beach is shown below:
= Hourly wages after considering the taxes - the cost of the beach in gas and toll
= $14 - $10
= $4
We simply deduct the cost of beach in gas and toll from the hourly wages so that the opportunity cost to go to the beach could come
Which of the following is TRUE? Group of answer choices Flexibility in structure is more important than stability. Strategy has a more important influence on structure than structure has on strategy. Large organizations can retain a simple structure as long as they have a focus strategy. Organizations tend to change structure too frequently, which erodes their competitive advantage.
Answer: Strategy has a more important influence on structure than structure has on strategy
Explanation:
Organizational structure specifies formal reporting relationships of an organization, controls, procedures, authority and the decision-making processes.
Organizational strategies are the actions put in place by an organization to achieve its goals. It should be noted that strategy has a more important influence on structure than structure has on strategy.
Ratio analysis:___________.
a) Includes estimating the net present value of the investment opportunity.
b) Is generally adequate to fully assess an investment’s expected return.
c) Requires cash flow estimates for the investment’s entire expected holding period.
d) Serves as an initial evaluation of the adequacy of an investment’s expected cash flows.
Answer:
D. Serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Explanation:
Ratio analysis serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Ratio analysis can be defined as the analysis of different pieces of financial information in the financial statements of a business.
Ratio analysis is used to get insight about the financial wellbeing of a business. It is used by analysts to determine various aspects of a business, such as its profitability, liquidity, and solvency.
Henrietta has owned her house for over 50 years. It has fallen into disrepair, but because she lives on a fixed income, she does not have the money to make the needed repairs. She has a considerable amount of equity in the house. What type of loan would BEST provide Henrietta the funds to make the necessary repairs
Answer: Reverse annuity mortgage
Explanation:
A reverse annuity mortgage is a form of loan that is given out which is secured against the value of ones home.
A reverse equity mortgage allows the homeowner to cash some of the equity on the home without the individual selling the house or moving out. This is the type of loan that would best provide Henrietta the funds to make the necessary repairs.
3. What does the segment suggest to guard against employee misuse of workplace technology? *
Answer:
Economics
Explanation:
Little Tots Gym has a required rate of return of 13%. The gym is considering the purchase of $12,500 of new equipment. The internal rate of return on the project has been calculated to be 11%. This project:________
Answer:
This project is good and be should be accepted for implementation.
Explanation:
The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero
If the IRR greater than the required rate of return , we accept the project for implementation
If the IRR is less than that the required rate , we reject the project for implementation
For Little Tots Gym, the IRR of the project (13%) is higher than the required rate of return of 11%, hence the project is good and be should be accepted for implementation
As part of her annual review of her company's budgets versus actuals, Mary Gerard isolates unfavorable variances with the hope of getting a better understanding of what caused them and how to avoid them next year. The variable overhead efficiency variance was the most unfavorable over the previous year, which Gerard will specifically be able to trace to:
Options:
a. Actual overhead costs below applied overhead costs
b. Actual production units below budgeted production unit
c. Standard direct labor hours below actual direct labor hours
d. The standard variable overhead rate below the actual variable overhead rate
Answer: c. Standard direct labor hours below actual direct labor hours
Explanation: The variable overhead efficiency variance can obtained by multiplying the difference between the actual and Budgeted labour hours by the hourly rate for standard variable overhead. In this case, the outcome may be favorable or unfavorable. The variable overhead efficiency variance will be favorable if the actual labor hours is less than the budgeted hours while it will be unfavorable if the actual labor hours exceed the budgeted labor hours as described in the scenario above.
On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of Ozarks no par common stock. Bonds that are similar in all respects, except that they are non convertible, currently are selling at 99. Upon issuance, Ozark should:
Answer:
Upon issuance, Ozark should "Credit premium on bonds payable $100,000"
Explanation:
Issue price of bond is ($10 million * $101) = $10,100,000
The face value of the bond = $10,000,000
The premium on bond = $10,100,000 - $10,000,000
The premium on bond = $100,000
Journal entry
Debit Credit
Cash $10,100,000
Premium on bonds payable $100,000
Bonds payable $10,000,000
Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"
Martin and Sons (M and S) currently is an all equity firm with 64,000 shares of stock outstanding at a market price of $25 a share. The company's earnings before interest and taxes are $86,000. M and S has decided to add leverage to their financial operations by issuing $480,000 of debt with a 7% percent interest rate. This $480,000 will be used to repurchase shares of stock. You own 2,700 shares of M and S stock. You also loan out funds at a 7% percent rate of interest. How many of your shares of stock in M and S must you sell to offset the leverage that the firm is assuming
Answer:
810 stocks
Explanation:
M and S can repurchase $480,000 / $25 = 19,200 stocks
the number of shares that you need to sell to offset the firm's leverage = total amount of stocks that you own x (total stocks repurchased / total stocks outstanding before buyback) = 2,700 x (19,200 / 64,000) = 2,700 x 0.3 = 810 stocks
Since your goal is to offset the firm's new leverage, you have to sell a proportional amount of your stocks compared to the whole repurchase transaction.
Toys R Fun purchased $4,000 of merchandise and paid immediately. To record this transaction, Toys R Fun's accountant would debit the_____account and credit the______account.A. Cash.B. Merchandise Inventory.C. Accounts Payable.
Answer:
The answer is:
Debit the Merchandise Inventory account
Credit the cash account.
Explanation:
To start with, increase in assets and expenses go into debit side while decrease in assets and expenses go into credit side.
Merchandise inventory is an asset and cash too is an asset. Toys R Fun purchased inventory with cash, this means merchandise inventory increases while cash decreases.
According to the rule in the first paragraph, the recording is as follows:
Dr Merchandise Inventory $4,000
Cr cash. $4,000
