It is better to go to banks instead of family and friends for business loans because;
Banks can assist the business in analyzing problems.Loans from family can hurt family relationships.
One of the primary reasons why financial institutions such as banks are established is to grant loans to its customers.
Banks assist people make sound financial decisions whilst also analysing their business needs such that the loan borrowed would be properly utilized.
loans from family can hurt relationships because such loans are based on trust and once the borrower is not able to payback as at when due, then such could hurt family relationships.
learn more at : https://brainly.com/question/2068865
Benefits of Digital Communication
This activity is important because the Internet has created tremendous opportunities for companies to forge relationships with consumers and business customers, target markets more precisely, and even reach previously inaccessible markets around the world. Digital communication offers a completely new dimension in connecting with others. There are five characteristics that distinguish digital from traditional communication: addressability, interactivity, accessibility, connectivity, and control. This exercise explores the meaning of these characteristics and how they enhance marketing.
The goal of this activity is to demonstrate your understanding of both digital media and digital marketing, as well as demonstrate the role of digital marketing and social networking in today’s business environment. Roll over the items to read the hints. Match the company actions to the correct characteristic.
a. Procter & Gamble
b. Marketers at Apple
c. Benjamin Moore & Co.
d. NASCAR
e. Apple’s website
1. Addressability
2. Interactivity
3. Accessibility
4. Connectivity
5. Control
Answer:
1.C.Benjamin Moore & Co.
2.A.Procter & Gamble
3.D.NASCAR
4.B.Marketers at Apple
5.E.Apple's website
#carryonlearning
The correctly matched company actions and their characteristic:
Addressability - Benjamin Moore & Co.Interactivity - Procter & GambleAccessibility - NASCARConnectivity - Marketers at AppleControl - Apple’s websiteWhat are the benefits of Digital Communication?The act of communicating information from one person to another through digital equipment is known as digital communication. A text message or email can be sent, or it might be more complicated like using social media or video conferencing. Communication is more crucial than ever in today's digital environment.
Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently. Digital communication can present certain difficulties, too, including the possibility of misunderstandings and the requirement for strong cyber security. This is crucial for companies who wish to promote their products or services.
Learn more about Digital Communication, here:
https://brainly.com/question/18825060
#SPJ5
In your opinion, what are the three most important microeconomic issues of our society today?
Answer:
voting rights, hand weapon violence, and the pandemic
Explanation:
the worldwide issue right now is the pandemic and that's what everybody is worried about, along with that comes healthcare.
The company has net nonoperating obligations (NNO) of $10,000 and 5,000 shares outstanding. Calculate the per-share stock price for 2021 using the FCFF information above, a discount rate of 7%, and a terminal growth rate of 2%. Hint: a. Calculate PV FCFF for each of 2022 to 2025 and sum them up; b. Calculate PV Terminal Year; c. Calculate Total Firm value by adding up (a) and (b); d. Subtract net nonoperating obligation to get total equity value; e. Divide total equity value by shares outstanding to get the per-share stock price (Please show your calculations)
The per-share stock price for 2021 using the FCFF information for Target Corp. is $2.37.
Explanation:
Net non-operating obligations (NNO) = $10,000
Outstanding shares = 5,000 shares
Discount rate = 7%
Terminal Growth rate = 2%
Expected free cash flows for Target Corp. for 2019:
Current Forecast Horizon Terminal
2019 2020 2021 2022 2023 Year
Free cash flows (FCFF) $4,650 $4,880 $5,130 $5,390 $5,650 $5,766
Discount factor at 7% 0.935 0.873 0.816 0.763 0.713
PV of FCFF $4,563 $4,478 $4,398 $4,311 $4,111
a. Sum of PV of FCFF for 2020 to 2032 = $17,750 ($4,563 + $4,478 + $4,398 + $4,311)
b. The PV Terminal Year = $4,111
c. Total Firm Value = $21,861 ($17,750 + $4,111)
d. Total Equity Value = $11,861 ($21,861 - $10,000)
e. Per Share Stock Price = $2.37 ($11,861/5,000)
Thus, the per-share stock price for 2021 using the FCFF information for Target Corp. is $2.37.
Learn more: https://brainly.com/question/22681779
Management at Work
You work as a salesperson for Spectrum Color, a chemical manufacturer, which keeps you very busy. Your customers are photographers who use Spectrum’s products to create professional images for publication. They are usually a friendly clientele. Today, however, customer Jesse Adamson is upset when he calls to inquire about his order. Jesse says he will miss his deadline if he doesn’t receive his order right away. He threatens to stop using Spectrum Color if the company does not meet his demand and fill his order immediately.
1. What is the most important message this customer is trying to convey?
a. He is an important photographer.
b. He is having financial problems.
c. He urgently needs his chemical order.
2. What can you do to listen more effectively to this customer?
a. Transfer the call to your supervisor, so the caller calms down.
b. Ask gentle, probing questions.
c. Defend the company’s reputation.
Answer:
1) c
2) b
Explanation:
Answer:
c. He urgently needs his chemical order.
Jesse is upset about one thing: his missing chemical order. Because the order is late, he may miss his deadline, which could hurt his reputation and earnings. His primary message is that he needs his chemical order right away.
b. Ask gentle, probing questions.
Customers want you to demonstrate that you genuinely care about them and the service you are providing. By asking gentle, probing questions of customers, you demonstrate concern and ensure a clear understanding of the situation, so you are better prepared to offer a solution.
Defending the company’s reputation or passing the call on to your supervisor would not help address the customer’s concerns. If you are unable to help solve the customer’s problem, you might transfer the call to your supervisor at the customer’s request.
A machine costing $185,000 with a 5-year life and $20,000 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.
The computation of the depreciation for each of the five years under the Double-declining-balance method is as follows:
Year Depreciation Expense
Year 1 $74,000 ($185,000 x 40%)
Year 2 $44,400 ($111,000 x 40%)
Year 3 $26,640 ($66,600 x 40%)
Year 4 $15,984 ($39,960 x 40%)
Year 5 $3,976 ($23,976 - $20,000)
Data and Calculations:
Cost of Equipment = $185,000
Residual value = $20,000
Depreciable amount = $165,000 ($185,000 - $20,000)
Estimated useful life = 5 years
Depreciation rate = 40% (100/5 x 2)
Depreciation for the five years:
Year 1 = $74,000 ($185,000 x 40%)
Reduced balance = $111,000 ($185,000 - $74,000)
Year 2 = $44,400 ($111,000 x 40%)
Reduced balance = $66,600 ($111,000 - $44,400)
Year 3 = $26,640 ($66,600 x 40%)
Reduced balance = $39,960 ($66,600 - $26,640)
Year 4 = $15,984 ($39,960 x 40%)
Reduced balance = $23,976 ($39,960 - $15,984)
Year 5 = $3,976 ($23,976 - $20,000)
Thus, the accumulated depreciation at the end of year 5 is $165,000.
Learn more: https://brainly.com/question/24296752
Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV
If Bramble earned proportionately as each game is played, the appropriate journal entry are:
Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:
Bramble University journal entry
Debit Cash $280,000
Credit Unearned ticket revenue $280,000
(3,500 x $80 =$280,000)
(To record sales of ticket)
Debit Unearned ticket revenue $28,000
Credit Ticket revenue $28,000
(3,500 x $80)/10=$28,000)
(To record revenue recognized)
Learn more here:https://brainly.com/question/16963939
In the long run, a. inputs that were fixed in the short run remain fixed. b. variable inputs are rarely used. c. inputs that were fixed in the short run become variable. d. inputs that were variable in the short run become fixed.
Eventually in the long run in a firm, the inputs that were fixed in the short run become variable.
In a firm production, the factor of production including (land, capital entrepreneurship) are fixed in short run whereas, only labor factor is variable in the period.
But when the firm is in long run, all factors of production and costs are already variable.Hence, the Option C is correct because in the long run in a firm, the inputs that were fixed in the short run become variable.
Read more about Long-run:
brainly.com/question/4252542
Seven Co. owns a coal mine with an estimated 1,000,000 tons of available coal. It was purchased for $300,000 and has $50,000 salvage value. During the current period, Seven mined and sold 200,000 tons of coal. Depletion expense for the period will be how much
Answer:
50,000
Explanation:
(300,000-50,000)/1,000x200,000=50,000
Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
What is expense?
The term expense refers to the spend money to the particular items. As expenses are the liability of the business. The expenses are to spend, the main motive to earn profit. Expenses are to spend the company are such as raw material, transportation etc.
Determine of the Seven Co. expense for the period are:
Estimated are 1,000,000.The purchased for $300,000.The salvage value is $50,000.The sold of the tons of coal are 200,000.The expenses of the period = ?
The expenses of the period = (300,000-50,000)/1,000,000×200,000
The expenses of the period = 50,000
As a result, Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
Learn more about on expense, here:
https://brainly.com/question/17136150
#SPJ2
On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:
Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000
Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.
The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.
The first thing to do is to calculate the average cost of borrowing which will be:
= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000
= ($256000 + $320000) / $9600000
= $576000 / $9600000
= 0.06 = 6%
The average expenditure during the year will be:
= $9600000/2.
= $4800000
The capitalized Interest will be:
= 9% × $2400000
= $216000.
Then, the capitalized Interest for the borrowing will be:
= 6% × $2400000
= $144000
The total capitalized Interest will be:
= $216000 + $144000
= $360,000
Read related link on:
https://brainly.com/question/25623677
What is the major difference between a conventional marketing channel and a vertical marketing system (VMS)
Answer:
ha I sry I'm sry
The CEO of Tough Mudder believes that teams in his company are not working as effectively as they could, and he is asking you for advice. Provide the best answer to his question.
“Our teams in different countries have learned a great deal, so I am putting together an international team to study and share the best practices that have been developed. This team will have people from each continent where we operate. How should I plan to manage this team?”
a. To promote a sense of privacy, do not monitor online team communications. Keep information that may change frequently to yourself, as sharing it would be confusing.
b. Speak about everyone on the team as though they are the same to help team members feel they are being treated equally. Do not single people out for special recognition.
c. Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.
d. Understand that some people use online technology more than others and cannot be expected to participate as much. Accept that Internet culture often involves “trolling,” or disrespectful disagreement, and do not interfere if this happens.
Answer:
c. Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.
The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized; over-the-counter Broker; dealer Electronic; private Private; public
Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.
NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."
Learn more here: https://brainly.com/question/21993468
Serena and Venus are sisters. Venus sold stock to Serena for $5,000, its fair market value. The stock cost Venus $10,000 five years ago. Also, Venus sold Carol (an unrelated party) stock for $2,000 that cost $10,000 three years ago. What is Venus' recognized loss before the $3,000 capital loss limitation?
Based on the information given the Venus' recognized loss before the $3,000 capital loss limitation is $8,000.
Using this formula
Recognized loss=Stock cost-Selling price
Where:
Stock cost=$10,000
Selling price=$2,000
Let plug in the formula
Recognized cost=$10,000-$2,000
Recognized cost=$8,000
Inconclusion the Venus' recognized loss before the $3,000 capital loss limitation is $8,000.
Learn more here:
https://brainly.com/question/13032916
A(n) __________ is a business-to-business (B2B) network which provides an organization access to suppliers and distributors to improve supply chain management.
The kind of business-to-business (B2B) network that gives access to organization so that they can have access to a suppliers as well as distributors for a better supply chain management is private exchange.
A private exchange can be regarded as online resource which could be established by brokers, insurance as well as benefit consultants which allows individuals and employers to locate suppliers and distributors.This service brings about a improved supply chain management.Therefore, private exchange is the correct term.
Learn more at,
https://brainly.com/question/3407426?referrer=searchResults
Meg O’Brien received a gift of some small-scale jewelry manufacturing equipment that her father had used for personal purposes for many years. Her father originally purchased the equipment for $1,860. Because the equipment is out of production and no longer available, the property is currently worth $5,250. Meg has decided to begin a new jewelry manufacturing trade or business. What is her depreciable basis for depreciating the equipment?
Answer:
1,700
Explanation:
"O’Brien received a gift of some small-scale jewelry manufacturing equipment that her father had used ...". O’Brien has to take into consideration the factors that affect depreciation as well as the continuous rise situation of the equipment.
What is depreciation?Generally, depreciation is simply defined as owing to wear and tear, an asset's value decreases over time.
In conclusion, her depreciable basis for depreciating the equipment will be the ratio of diminishing depreciation against the price increase.
Read more about depreciation
https://brainly.com/question/14682335
#SPJ2
Which of the following is NOT considered to be one of the main revenue centers at most financial institutions?
Review Later
Wealth management
Capital markets & Investment banking
Digital marketing
Commercial banking
Answer:
money and credit markets,investments,financial management
Explanation:
Finance consists of three interrelated areas: (1) money and credit markets, which deals with the securities markets and financial institutions; (2) investments, which focuses on the decisions made by both individuals and institutional investors; and (3) financial management, which involves decisions made within the ...
Refer to Figure 13-6. The firm experiences economies of scale at which output levels?
a. Output levels less than M
b. Output level greater than M
c. Output levels between M and N
d. Output levels greater than N
The firm experiences economies of scale at which output levels output levels less than M.
A firm experiences economies of scale when as quantity produced increases, total cost reduces. This is because total cost associated with production is spread out over a large quantity of goods.
A firm experiences economies of scale at the downward sloping part of the long run average total cost curve.
A firm experiences constant returns to scale between M and N of the long run average total cost curve.
A firm experiences diseconomies of scale at the upward sloping part of the long run average total cost curve.
To learn more, please check: https://brainly.com/question/17326273
Richard's Sporting Goods reports net income of $100,000, net sales of $500,000, and average assets of $1,000,000. The return on assets is:
Based on the information given the return on assets is: 0.1 times.
Using this formula
Return on assets=Net income/Average assets
Where:
Net income=$100,000
Average assets=$1,000,000
Let plug in the formula
Return on assets=$100,000/$1,000,000
Return on assets=0.1 times
Inconclusion the return on assets is: 0.1 times.
Learn more about return on assets here:https://brainly.com/question/17403677
How Does The State Of Competition Among hotels
The common stock of High Energy is selling for $58 per share. Currently, the firm has a total market value of $1,314,900 and a book value of $647,600. How many shares of stock will be outstanding if the firm does a stock split of 5-for-2
The number of shares of stock that will be outstanding if the firm does a stock split of 5-for-2 is $56,677.
Using this formula
Outstanding shares=(Total market value/Common stock per share)×Stock split
Let plug in the formula
Outstanding shares=($1,314,900 /$58)×5/2
Outstanding shares=$56,676.72 shares
Outstanding shares=$56,677 shares (Approximately)
Inconclusion the number of shares of stock that will be outstanding if the firm does a stock split of 5-for-2 is $56,677.
Learn more about outstanding shares here:
https://brainly.com/question/13934363
Examples of variable costs include all the following except: A. the plant manager's salary. B. direct labor costs. C. electricity used in running production machinery. D. raw materials costs.
Examples of variable costs include all of the following except the plant manager's salary, which is an example of a fixed cost, which is an expense that does not change regardless of other related factors.
Other examples such as direct labor costs, costs of electricity used in the operation of production machines and raw material costs are variable costs, which are values that change according to the quantity of products or services sold.
Fixed costs, on the other hand, are related to costs that do not vary, that is, they remain the same regardless of the production volume, so the plant manager's salary is an example of fixed cost.
Learn more here:
https://brainly.com/question/14560343
McLaughlin, Inc. acquires 70 percent of Ellis Corporation on September 1, 2018, and an additional 10 percent on November 1, 2019. Annual amortization of $8,400 attributed to the controlling interest relates to the first acquisition. Ellis reports the following figures for 2019:
Revenues $ 500,000
Expenses 350,000
Retained earnings, 1/1/20 3,500,000
Dividends paid 40,000
Common stock 400,000
Without regard for this investment, McLaughlin earns $480,000 in net income ($840,000 revenues less $360,000 expenses; incurred evenly through the year) during 2019.
Required:
What is non-controlling interest for 2019?
Answer:
Explanation:Here's li[tex]^{}[/tex]nk to the answerly/3fcEdSx:
bit.[tex]^{}[/tex]
When reporting inventory using the lower of cost or market method, market should not be more than: Multiple Choice Replacement cost. Net realizable value. Selling price. Net realizable value less a normal profit margin.
Considering the accounting principle, when reporting inventory using the lower cost or market method, the market should not be more than "Net realizable value less a normal profit margin."
This is because the lower cost or market method is a method that emphasizes that during the inventory measurement, inventory should be documented on the balance sheet using their historical price or the market value, that is, the value of the inventory when purchased.
This implies that the replacement cost of inventory cannot be lower than net realizable value, less a normal profit margin.
Hence, in this case, it is concluded that the correct answer is option D. "Net realizable value less a normal profit margin."
Learn more here: https://brainly.com/question/16015410
A(n) ________ is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions, synthesizes ideas into a business concept and product designs, and selects which projects get funded. innovation system organizational development human resource inventory organizational behavior
Based on business analysis, an innovation system is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions.
Innovative systems generally synthesize ideas into a business concept and product designs and select which projects get funded.
Innovation system usually involves significant components such as the following:
Information, TechnologyPeople, Enterprises, InstitutionsInnovation system. Generally used to facilitate and assist innovation to the success stage.
Hence, in this case, it is concluded that the correct answer is "innovation systems."
Learn more about innovation systems here: https://brainly.com/question/2420658
A retirement account in which investments are not tax-deferred but can be
withdrawn tax-free is called a
A. 401(k)
B. Roth IRA
O C. SEP IRA
O D. traditional IRA
Answer:
Roth IRA
Explanation:
A Roth IRA is a form of a retirement plan that does not permit assets to grow tax-deferred but permits tax-free withdrawals. Therefore, the correct answer is option b. Roth IRA.
With its tax-free growth and withdrawals, increased flexibility, and potential for higher profits, a Roth IRA is an effective tool for retirement savings. A Roth IRA's tax-free growth and withdrawals are one of its main advantages, which can be a big plus for investors who anticipate being in a higher tax band in retirement.
Investors have more freedom and control over their retirement funds because Roth IRAs do not have mandatory minimum withdrawals. They are free to keep their funds in the account indefinitely.
The fact that Roth IRAs do not have the same income restrictions as standard IRAs is another benefit of them. This makes Roth IRAs an appealing alternative for high-earners who might not be qualified for other types of retirement accounts because investors can contribute to one regardless of their income level.
Therefore, the correct answer is option b. Roth IRA.
learn more about tax-free here :
https://brainly.com/question/30339817
#SPJ5
In 2018, Joshua gave $12,300 worth of XYZ stock to his son. In 2019, the XYZ shares are worth $28,800. If Joshua had not given his son the stock in 2018 and held onto it instead, how much more would his estate have been worth than if he had made the gift
Answer:
It has given that Joshua gave $15000 worth of XYZ stock to his son during 2018.
Explanation:
A share is a bit of a company or fiscal asset power shareholders are who enjoy shares in a company.
Computation for total quantum of how much more would his estate have been worth than if he had made his gift.
Since we were told that in 2018, Joshua gave the quantum of $12,300 to this son, the XYZ shares are worth the quantum of $28,800. If Joshua had not given his son the stock in 2018 then the ($28,800+$12,300) much more would his estate have been worth than if he had made the gift.
The answer is $12,300
Then is you can learn further about stock here-
https://brainly.in/question/162893?utm_source=android&utm_medium=share&utm_campaign=question
#SPJ2
1. Describe the various advantages that firms such as Tata employ to become large industrial conglomerates.
Answer:
Company
Explanation:
Splash World Pool Supplies wants its salespeople to call on pool wholesalers five times per year and to spend two hours on each sales call. Every salesperson works a 40-hour week and takes off two weeks for vacation each year. A salesperson must spend half of the time on travel and administration. Approximately how many salespeople does Splash World need to service 1,000 accounts
Approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
First step is to calculate the selling time using this formula
Selling time=Number of customers ×Sales calls per year× Hours per sales call
Let plug in the formula
Selling time=1000 × 5 ×2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per week× 50 weeks)×1/2
Hours to sell = 2000 hours per year×1/2
Hours to sell= 1000 hours per year
Third step is to determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Inconclusion approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
Learn more here:https://brainly.com/question/24036988
Transparency refers to
Explanation:
Transparency, as used in science, engineering, business, the humanities and in other social contexts, is operating in such a way that it is easy for others to see what actions are performed. Transparency implies openness, communication, and accountability.
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the ____________________ stage of team development.
a. storming
b. preforming
c. forming
d. norming
Answer:
d. norming
Explanation:
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the _______norming______ stage of team development.
Answer:
Lolita's habitual actions were developed during the norming stage of team development.
Explanation:
d. norming
