Answer:
purchase-money mortgage
Explanation:
This type of loan, by which the seller becomes a mortgagee, is called a purchase-money mortgage. As described, this is a mortgage issued to the borrower by the current seller of the home as part of the purchase transaction. This usually tends to occur when the buyer cannot qualify for a traditional lending channel mortgage, and in this scenario the buyer can instead become a mortgagee through a simple buying and selling transaction.
Public education and food stamps are two types of public policy goods that are considered to be an _________ transfer payment in which taxes are redistributed from one income group within the economy to provide a specific good or service to a second group.
Answer:
In-kind.
Explanation:
Public education and food stamps are two types of public policy goods that are considered to be an in-kind transfer payment in which taxes are redistributed from one income group within the economy to provide a specific good or service to a second group.
An in-kind donation can be defined as a type of contribution in which finished goods and services are given directly to the beneficiaries rather than giving the money (cash) to buy these goods and services.
Hence, it is a non-cash contribution or donation.
Also, an in-kind transfer payment can be defined as the process or act of providing goods and services (redistribution of income and wealth) to various household by non-governmental organizations or governmental agencies. An in-kind transfer payment includes reimbursement, social security benefits, public education, food stamps etc.
7. Problems and Applications Q2 Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate After a long search, Jon finds a job. Tyrion, a full-time college student, graduates and is immediately employed. After an unsuccessful job search, Arya gives up looking and retires. Daenerys quits her job to become a stay-at-home mom. Sansa has a birthday, becomes an adult, but has no interest in working. Jaime has a birthday, becomes an adult, and starts looking for a job. Cersei dies while enjoying retirement. Jorah dies working long hours at the office.
Answer:
The Unemployment rate refers to people in the economy who are actively looking for work but are jobless.
The Labor-force participation rate refers to the percentage of the working age population who are active in the workforce. This includes both employed and unemployed people as unemployed people are actively seeking jobs.
1. After a long search, Jon finds a job.
Unemployment rate - Decrease
Labor-force Participation rate - Same
2. Tyrion, a full-time college student, graduates and is immediately employed.
Unemployment rate - Decrease
Labor-force Participation rate - Increase
3. After an unsuccessful job search, Arya gives up looking and retires.
Unemployment rate - Decrease
Labor-force Participation rate - Decrease
4. Daenerys quits her job to become a stay-at-home mom.
Unemployment rate - Increase
Labor-force Participation rate - Decrease
5. Sansa has a birthday, becomes an adult, but has no interest in working.
Unemployment rate - Same
Labor-force Participation rate - Decreases
6. Jaime has a birthday, becomes an adult, and starts looking for a job.
Unemployment rate - Increase
Labor-force Participation rate - Increase
7. Cersei dies while enjoying retirement.
Unemployment rate - Same
Labor-force Participation rate - Increase
8. Jorah dies working long hours at the office.
Unemployment rate - Increases
Labor-force Participation rate - Decrease
Sue, a secretary goes to the storeroom to get a box of paper for her department. This is a task she's performed without problem hundreds of times. This time however, she slips and hurts her back lifting the box of paper. She requires treatment and cannot sit for long periods of time so she cannot do her job. A. Sue can sue her employer in court for her injuries.B. Sue is entitled to Workers' Compensation even though her employer was not negligent.C. Sue is entitled to Workers' Compensation only if she can show that her employer was negligent.D. Sue is not entitled to anything because she assumed the risk.
Answer:
B. Sue is entitled to Workers' Compensation even though her employer was not negligent.
Explanation:
Sue is performing her normal duties that is required by her being a secretary when she was injured. So the employer cannot be said to be negligent in allowing her carry paper for her unit.
She will not be able to sue for employer for her injuries.
However when an employee is injured they are entitled to Worker's compensation and paid time off work.
This is given to employees even when the employer is not negligent.
Sue can get the Worker's compensation for her back treatment.
Mike, a minor, buys some real estate as an investment. The contract obligates Mike to make monthly installment payments for 10 years. Mike reaches the age of majority one month after making the contract. After this, Mike makes 25 monthly payments under the contract, but then decides that he wants to rescind the deal. Which of the following is most true?A. Mike can dis-affirm.B. Mike cannot dis-affirm because contracts for the sale of land can only be dis-affirmed before the age of majority.C. Mike cannot dis-affirm because contracts for the sale of land must be dis-affirmed within one year of the age of majority.D. Mike cannot dis-affirm because he has already ratified the contract.
Answer: d. mike cannot disaffirm because he has already ratified the contract
Explanation:
When signing deals it's important to consider long term, this helps to make the best decision in any and most scenario. Most deals signed too cannot be reversed or change or adjusted because it'll affect the policy of the organization and won't be health for them. Mike has agreed to buy a property through a spread payment plan, changing the deal now after some years will not be possible as it distorts the plan intially agreed and goes against the policy of the organization selling the home.
Pure competition is important to economists because it is __________________ . Pure competition is important to economists because it is __________________ . the lowest cost to the buyer the benchmark of efficiency to compare all other models against both a. and b. none of the above
Answer:
a and b
Explanation:
A perfect or pure competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Due to maximum competition in a pure competition, it is the lowest cost to the buyer.
Pure competition is efficient because, goods are priced at equilibrum
Which of these could be an option after high school for a person who wants to further his education but doesn't want to take out student loans?
Hi there,
I can not find the complete question to help choose an option. I wil list out a variety of answers and you would be able to choose any that suits your question.
Answer/Explanation:
As an high school leaver that wants to further his education but that doesn't want to take student loans to do it, there are a variety of option such high school leaver can choose from.
1. work and study: this simply means that the high school leaver can decide to work alongside college or university as use the money from the job to settle university bills.
2. Scholarships: Am high school leaver can try scholarship opportunities tourther his education. A scholarship can be said to be a philanthropic act by a body or individual to reward or help individuals with tuition and other things as stated in the terms and conditions.
3. Setup a funding site: an high school leaver can set up a funding site in which donations can be made to fund the higher education.
Cheers.
Manny wants to be involved in a business but is not sure which type of business to join or create. He has capital to invest. He has a good network of potential investors and partners. He has no experience in management.
Answer: Limited Partner in a Limited Partnership
Explanation:
The best role that Manny can play in business would be to become a limited partner in a limited partnership. Here he could avoid being a General Partner and so will not have to make management decisions which he has no experience in but can just invest and earn returns.
He will also get seat to be able to watch other people manage and learn from them should he choose to and his good network of potential investors and partners can bring even more business for the limited partnership he may decide to join.
At a listing appointment, the seller of a large, expensive home on the water gives specific instruction to the sales associate not to show the home to anyone from a certain protected class. The sales associate tells the seller this is a clear act of discrimination, but the property owner insists. The sales associate should
Answer:
refuse the listing
Explanation:
In the scenario being described, the sales associate should refuse the listing. This is because such discrimination due to race, color, religion, sex, disability, familial status, or national origin is a violation of the Fair Housing Act. If the realtor is accused of discrimination she can face civil penalties of $16,000 USD if it is the first offense or even up to $65,000 if it has been a repeated violation of the Fair Housing Act.
In light of the facts that many organizations do not pay incentives and many employees discount or take for granted the value of benefits, base wages and salaries are often ____________________________ of the compensation system in the eyes of employees.
Answer:
In light of the facts that many organizations do not pay incentives and many employees discount or take for granted the value of benefits, base wages and salaries are often the focus of the compensation system in the eyes of employees.
Explanation:
The scenario talks about the base wages and salaries which is significant portion of their salary. If the company doesn't pay incentives then the employee thinks that it doesn't matter how motivated he works because he will be paid base salary or wage. Hence the motivation factor gets affected by the compensation factor and employee thinks the only focus of compensation is their base wage or salary.
The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most managers operate best with a span of control of about 9 employees. c. depends on a number of factors, and can vary from one manager, location and type of employees. d. is no longer a relevant issue in this day of computerized offices .
Answer:
c. depends on a number of factors, and can vary from one manager, location and type of employees.
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.
In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).
Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.
This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.
Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases on June 30, which will be paid during July, total $139,398. Salaries, Advertising and Rent Payment expenses are all paid in cash in the month incurred. Depreciation expense is shown on the income statement each month. Equipment costing $10,498 will be purchased for cash during August. Calculate total cash payments budgeted for August.
Answer:
A lot of information is missing, so I looked for a similar example. If the numbers are not exactly the same, just adjust the differences.
Direct materials purchases:
July $152,000August $164,00020% of accounts payable paid during the month, 80% paid next month.Salaries, Advertising and Rent (paid during the month):
salaries $35,090advertising $12,000rent $8,000debt payments $1,550 (interests)Depreciation expense is not included because it is not a cash outflow.
Other purchases:
Equipment for $10,498Fein Company
Schedule of Cash Payments
For the Month of August 202x
Direct materials:
From July purchases $121,600
From August purchases $32,800
Total direct materials $154,400
Other purchases:
Equipment for $10,498
Total other purchases $10,498
Fixed expenses:
Salaries $35,090
Advertising $12,000
Rent $8,000
Interests on debt $1,550
Total fixed expenses $56,640
Total cash payments $221,538
While solitary negative reactions or unjustified suggestions for change have the potential to dissipate discourse rather than build it, the pattern analysis shows that the anonymous condition seemed to provide a safe explorative space for learners to try out more reasons for their multiple solutions. teachers will rarely give anonymous feedback, but the experience of giving anonymous feedback may open a social space where learners can try out the reasons for their suggestions?
Question attached:
Answer:
Paraphrasing plagiarism
Explanation:
Here the student committed paraphrasing plagiarism because even though there was an in-text citation, he failed to give a bibliographic reference as he should. Now although the student paraphrased his source(ie changed or rearranged sentence structure and words and not quoted word-for-word) he would not have been said to have committed plagiarism if he had properly referenced(not only in-text) citation the work
Capital rationing uses the following measures to determine the funding of projects except a.verifying the best financing option available. b.establishing minimum standards by applying the cash payback and the average rate of return. c.considering qualitative factors. d.ranking the proposals with the available funds.
Answer:
A.
Explanation:
Capital Rationing can be defined as restrictions imposed by a company on the new investments and projects. The purpose of imposing capital rationing is to fortify the flow of cash of a company. It is done so that the compnay may not run out of the cash. Capital Rationing is imposed by making the cost of capital higher on new investments.
The function that is NOT performed by Capital rationing is verifying the best financing option available.
So, the correct answer is option A.
why does human want change over a period of time ?
Angie invested $250,000 she received from her grandmother today in a fund that is expected to earn 10% per annum. To what amount should the investment grow in five years if interest is compounded semi-annually
Answer:
After 5 years, the investment should grow to $407,223
Explanation:
the future value earned on a certain amount compounded semi-annually for a number of years is given by the formula:
[tex]FV = PV(1+ \frac{r}{n} )^{nt}\\Where:\\FV = Future\ value\ =\ ??\\PV = Present\ Value\ =\ $250,000\\r = Interest\ rate\ =\ 10\% =\ 0.1\\n = number\ of\ compounding\ per\ year\ = semiannually\ =\ 2\\t = number\ of\ years\ =\ 5[/tex]
[tex]FV = 250,000(1+ \frac{0.1}{2} )^{(2\times5)}\\FV\ = 250,000(1.05)^{10}\\FV\ = 250,000(1.62889)\\FV\ = \$407,223.65[/tex]
Therefore, after 5 years, the investment should grow to $407,223
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.
Answer:
income-generating assets under the current account of the balance of payment.
Explanation:
Remember, the related term balance of payment refers to the calculation of a country's transactions at the international level for a specific period.
In other to determine the flow of money in and out of a country, the receipts from income-generating assets such as stocks (in the form of dividends) are thus recorded in the current account.
Each fiscal year, Dwayne is allocated an operating budget and then evaluated based on the amount of goods produced by his organization. Dwayne's performance is evaluated on a(n) _______ budget approach.
Answer: profit
Explanation: Dwayne's performance is being evaluated on a profit budget aoproach as it entails an evaluation or calculation involving the allocated operating budget will contain the revenue accrued from sales and the expenditure, which is the amount of money apportioned to a particular section of a business targeted at catering for the cost involved in production. The net difference between the expenditure and the revenue accused will show the profit generated. This is the profit budget approach.
Those who make dispositional attributions regarding poverty and unemployment tend to adopt political positions that:________
a. offer more direct support to the poor.
b. are unsympathetic to the poor.
c. tend to blame the poor for their problems.
d. are more neutral regarding poverty and unemployment.
Answer:
a. offer more direct support to the poor.
Explanation:
Seth is a manager at Click Systems. He leads a team of 20 employees, and Amanda is his least preferred coworker because he finds it difficult to cooperate with her. During an employee feedback session, Seth informs his boss that Amanda is unresponsive, insincere, lazy, and unfriendly. In this scenario, Seth has a _____ leadership style.
Answer:
task-oriented
Explanation:
Since in the question it is mentioned that the Seth who is a manager handling a team of 20 employees out of which Amanda is least coworker as it is very difficult to cooperate with her also she is insincere, lazy, etc
So, Seth has a task oriented leadership style as he leading a team of 20 employees whom he motivates, guides for accomplishing a task
Mr. Green purchased a property with the provision in the sale agreement that the seller would provide him with a warranty deed. At closing, the seller refused to provide better than a bargain and sale deed. If Mr. Green insists on buying the property and insists on the seller giving him a warranty deed he can attempt to force the seller to do so by filing a suit for:_________.
Answer:
specific performance
Explanation:
Specific performance in relation to confidential information is commonly used as a prohibition relief Specific performance is the equivalent compensation in contract law, under which a party issues orders requiring a party to perform a specific action, which is the execution of the contract. It is usually available for sale under the Land Act, but is generally not available if the damage is an appropriate option. If the seller fails to sell or the property is handed over to the seller, the buyer receives a specific performance under the provisions of the Specific Relief Act, 1963. A similar right is available under the seller. The contract requires specific performance from the buyer.An adult with a developmental disability works at a local product fulfillment and distribution center. She takes the bus to get to/from work each day. She is already using a prompting/cueing app on her smartphone to support her when taking the bus. However, on occasion, she gets off at the wrong bus stop and is having problems getting to the right destination (i.e. she has difficulty re-routing herself). Which feature should the interprofessional team consider adding to her smartphone in order to address this issue?
Answer: Tracking and identification.
Explanation: In other ease the woes and stress of such individual, integrating a tracking and identification capability on her app will be of great help. This will ensure that she could be easily and effectively located by leveraging the ability of the geographic positioning system in other to correctly get and know are current location. With these she could be picked easily when issues of drops off at the wrong location. Trackers allows one to determine the current location of items or individuals in which the tracking devices are placed on. As it also gives signals when one gets to the current position of the item or individual for proper identification. With these locating her will become very easy and hassle free during instances of wrong drop off.
Suppose that the four firms are colluding by acting like a monopolist, with each firm producing one-fourth of the market output. If one of the firms cheats on the cartel agreement and produces an additional unit of output, the profits of each of the compliant firms go from:
Complete Question
The complete question is shown on the first uploaded image
Answer:
the correct answer is (b) decrease from $16 to $14
Explanation:
In order for profit to be maximized by a monopolist quantity produce will be MR = MC
from above graph MR = MC when Quantity = 8. As they are all producing equal portion of market output Hence Each firm will produce Q = 8/4 = 2 units.
When Market quantity = 8 then price they are getting = 12 per unit (From demand curve)
As there is no fixed cost and MC is constant => Total variable cost = MC*Q = 4Q
=> Total cost(TC) = Total fixed cost + total Variable cost = 0 + 4Q = 4Q
Total revenue = Price * quantity = PQ = 12Q
Hence Profit = 12Q - 4Q = 8Q and as Q = quantity per firm = 2
=> Profit they are earning = 8*2 = 16.
Now Suppose one firm cheats and hence now total quantity produces and sold = 2*3 + 3 + 9.
When Market quantity = 9 then price they are getting = 11 per unit (From demand curve).
Now, Profit = TR - TC = 11Q - 4Q = 7Q and Q remains same for those firms who didn't cheat.
So, Now profit = 7Q = 7*2 = 14.
Thus, If one of the firms cheats on the cartel agreement and produces an additional unit of output, the profits of each of the non cheating firms will decrease from $16 to $14.
John has an escalator clause in his labor contract by which his salary increases automatically by the amount of the previous year's inflation rate. If John's salary is $100,000, this year's consumer price index is 105, and the previous year's CPI was 100, by what percent will John's salary be increased?
Answer: 5%
Explanation:
From the question, we are informed that John has an escalator clause in his labor contract by which his salary has to be increased automatically by the amount of the previous year's inflation rate.
If John's salary is $100,000, this year's consumer price index is 105, and the previous year's CPI was 100, the percent by which John's salary be increased will be (105 - 100) = 5%.
Daves Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The firm's noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,000.00. (2) The company's tax rate is 25%. (3) The risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock's beta is 1.20. (4) The target capital structure consists of 35% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of equity, and it does not expect to issue any new common stock. What is its WACC? Do not round your intermediate calculations.
Answer:
9.315%
Explanation:
The computation of WACC is shown below:-
But before that we need to do the following calculations
PV -$1,000
PMT 80
N 20
FV $1,000
Compute IY 8%
After tax cost of Debt = Before tax cost of debt × (1 - tax rate)
= 8% × (1 - 25%)
= 6%
According to the CAPM,
Cost of Equity =Risk free Rate + (Beta × Market Risk Premium)
= 4.5% + (1.2 × 5.5%)
= 11.10%
Weight of Equity = 100% - 35%
= 65%
WACC = (Weight of Equity × Cost of Equity) + (Weight of debt × Cost of debt)
= (65% × 11.10) + (35% × 6)
= 9.315%
Based on the information given Daves Inc WACC is 9.32%.
First step is to find then YTM using financial calculator
PV= -$1,000
PMT= 80
N=20
FV =$1,000
Hence:
YTM=8%
Second step is to calculate the After tax cost of Debt
After tax cost of Debt = Before tax cost of debt × (1 - tax rate)
After tax cost of Debt = 8% × (1 - 25%)
After tax cost of Debt = 6%
Third step is to calculate the Cost of Equity
Cost of Equity =Risk free Rate + (Beta × Market Risk Premium)
Cost of Equity= 4.5% + (1.2 × 5.5%)
Cost of Equity= 11.10%
Fourth step is to calculate WACC
WACC= (.35 × 6%×)+ [(1-.35)×11.10%]
WACC=(.35×6%)+(.65×11.10%)
WACC=2.1%+7.215%
WACC=9.315%
WACC= 9.32% (Approximately)
Inconclusion Daves Inc WACC is 9.32%.
Learn more here:https://brainly.com/question/14182698
Rising prices for raw materials, the increasing availability of recycling facilities, and a move toward increased environmental sustainability have all diminished the importance of reverse channels.
a. True
b. False
Answer:
the answer would have to be a
Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019. For the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement. What amount did Vaughn debit to the appropriate account in 2020 to write off actual bad debts?
Answer: $19000
Explanation:
From the question, we are informed that Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019 and that for the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement.
The amount that Vaughn debited to the appropriate account in 2020 to write off actual bad debts will be:
= $31000 - ($190000 - $178000)
= $31000 - $12000
= $19000
The weighted average cost of capital for a company: Group of answer choices should be used as the required return when analyzing a potential acquisition in an unrelated business. is unaffected by changes in corporate tax rates. is equivalent to the after-tax cost of the firm's liabilities. is the return investors require on the total assets of the firm. remains constant when the debt-equity ratio changes.
Answer:
is the return investors require on the total assets of the firm
Explanation:
The weighted average cost of capital (WACC) is the rate of return in which the company predicted to pay for holding the security in order to finance the assets
The formula to compute the WACC is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
Hence, fourth option is correct
Describe the role of securities markets and of investment bankers: what role do investment bankers playing securities markets
Answer
Explanation:
investment bankers specialize in the provision of new securities and they
provide helps to those that want their security liquified.
However, investment bankers are known with their role of provision of money at capital market to their customers such as companies or government set up through issuing of money or equity for security market.
A U.S. purchase of oil from overseas paid for with foreign currency it already owned Group of answer choices increases U.S. net exports, and increases U.S. net capital outflow. increases U.S. net exports, and decreases U.S. net capital outflow. decreases U.S. net exports, and increases U.S. net capital outflow. decreases U.S. net exports, and decreases U.S. net capital outflow.
Answer:
Correct answer:
decreases U.S. net exports, and increases U.S. net capital outflow.
Explanation:
In the situation US purchases oil from overseas (another country), it decreases its country's net export due to the fact that, nothing is shipped out of U.S. But rather, it is being imported. Also, this leads to increase of U.S net capital outflow due to money leaving the country to the other country from which the oil is being bought from.
A perfectly competitive small organic farm that produces 1,000 cauliflower heads in the short run has an ATC = $6 and AFC = $2. The market price is $3 per head and is equal to MC. In order to maximize profits (or minimize losses), this farm should:
Answer:
the firm should shut down, at least temporarily until the marginal revenue increases or definitely if the marginal revenue doesn't increase
Explanation:
if average total costs = $6 and average fixed costs = $2, then average variable costs = $6 - $2 = $4
since the average variable costs are higher than marginal revenue: $4 > $3, then the company is losing money (-$1) every time it sells its products.
