Answer:
account must be transferred into the name of that minor
Explanation:
The Uniform Gift to Minors Act was enacted in 1956 and revised in 1966 and allows people to transfer assets to underage beneficiaries.
Usually parents or relatives to their underaged wards.
In the given scenario where a customer wishes to give a gift of securities to her nephew, when the minor reaches legal age in that state the account must be transferred into the name of that minor.
This will allow the minor to now have full access to the assets.
Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. What savings instruments could help Maria reach her goal? Check all that apply. Series I savings bonds Series EE savings bonds a regular savings account a 24-month certificate of deposit a money market account with a $100 minimum deposit
Answer:
a regular saving accounts
a money market account with a $100 minimum deposit
Explanation:
i got right
Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. Savings instruments could help Maria reach her goal are -
A regular savings account a 24-month certificate of depositA money market account with a $100 minimum depositWhat is deposit?Deposit is a sum of money paid into a bank or building society account.
What is a paycheck?Paycheck is a salary or wages cheque made out to an employee.
What are savings?Savings are income not spent, or deferred consumption.
To learn more about deposits and savings refer
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Mexico can produce vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. What type of unemployment describes the workers' situation
Answer:
Structural unemployment
Explanation:
From the question we are informed about Mexico which are producing vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. In this case, the type of unemployment that describes the workers' situation is
Structural unemployment.
Structural unemployment can be regarded as one type of unemployment which is a form of involuntary unemployment that is been causedd as a result of mismatch between the skills that can be offered by workers in the economy
and the skills that is been demanded of workers by their employers, structural unemployment can be regarded as" the skills gap"
A multinational food manufacturing company decided to use a football player to promote its new protein shake during the Super Bowl. In the advertisement, the celebrity informed the audience that the drink was highly energizing, and as a result, the sales of the product increased three-fold. Which factor contributed to the increase of the product's sales
Answer:
source credibility.
Explanation:
The factor that contributed to the increase in product sales was the source credibility, which occurs when there is a strong positive appeal from the communicator of a message by the receiver, which in the case of a marketing advertisement, for example, leads to success for a company, as was the case mentioned in the question above, where a celebrity was used to communicate an advertising message that was strongly accepted by the potential public of the brand, which resulted in tripling sales of the product.
It is important to note that source credibility occurs when there is some relationship between the communicator and what is being communicated, such as the football player who promoted the new protein shake during the superbowl. Thus, there is a relationship between the player's characteristics and the product, broadcast in the ideal place and time where the potential consumers of that product are.
9. An important difference between common stock and preferred stock is that the price of the common stock tends to be more than that of preferred stock. a) volatile b) stable c) expensive
Answer:
The correct answer is B. Stable.
Explanation:
Preference share is a share which, in the event of a dividend and liquidation, has a preferential right over other shares, for example ordinary shares. The more favorable position of the preference share is usually reflected in a higher market price than for the ordinary share, all other things being equal. Preference shares with a high guaranteed dividend are partly given the character of a corporate bond. A fundamental difference, however, is that the company's creditors take precedence over all shareholders, including holders of preference shares, in the event that the company develops payment difficulties. At the same time as the preference share gives priority to dividends, they generally give significantly less voting rights than the ordinary share.
Sifco Inc., a tire manufacturing company, stipulates that Rambox Corp. should buy its entire line of Roadgrip tires. Sifco has significant market power in a particular variety of Roadgrip tires for which no substitutes are available in the market. It uses this power to its advantage and does not agree to let Rambox buy less than the entire line of Roadgrip tires. The sales contract between Sifco and Rambox is an example of a ________.
Answer:
Reciprocal dealing arrangement.
Explanation:
The reciprocal dealing arrangement is the agreement where the buyer could offer to purchase the goods of the seller under the condition when the seller purchased the other type of the goods from the original buyer
So as per the given situation, the sales contract that made between the sifco and the rambox represent the reciprocal dealing arrangement
Hence, the same should be considered
In criticizing Booker T. Washington's educational emphasis on manual labor and industrial training, W.E.B. Du Bois emphasized instead that black education should concentrate on a adult education. b an intellectually gifted talented tenth of the black community that should be given full and immediate access to the mainstream of American life. c developing separate black schools and colleges. d developing black entrepreneurs to create black businesses to serve black communities. e education for political action.
Answer:
The answer is "Choice c".
Explanation:
In criticism of the instructional focus of George Washington on handicraft labor and manufacturing schooling, Du Bois emphasized that African American schooling must focus on a talented and cognitively skilled tenth part of the Black community to be able to gain full disclosure access to Usa's mainstream.
Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
A. interview test
B. passers-by count test
C. telephonic survey
D. speech test
E. interactive test
Answer:
A
Explanation:
In the context of the number and the intensity of external factors in the environment that affect organizations, a(n) _____ is defined as an environment with few environmental factors.
Answer:
simple environment
Explanation:
Organizational environment can be regarded as internal as well as external environmental factors which can influence the activities and
decision making of the
organization. The environment of an organization has a surroundings which has favourable or unfavorable effects on its operations. simple environment is one with a limited environmental factors which can influence or affect the operation of the organization, the intensity of external factors that affects
simple environment is very low compare to complex environment. It should be noted that In the context of the number and the intensity of external factors in the environment that affect organizations, simple environment is defined as an environment with few environmental factors.
Explain if you believe all businesses should have the same promotional strategies.
Answer:
All businesses today have plenty of choices to promote their products or services. In order to create your brand's promotion, it is necessary to, first of all, have a good idea of what makes your product or service unique and what makes you differ from others in the competitive field – this helps you to discover how to promote your company.
Explanation:
Advertising is far-reaching, which allows a large number of people to promote their business. TV, radio, newspapers, magazines, billboards are traditionally included. Social media, ad search ads, notebooks, e-mail are included. These help to build a brand image to reach new and existing customers for companies.
Whilst personal sales are one of the most costly forms of promotion, they are also one of the most effective because they are related. Personal sales involve one person, in person, on the phone, or by e-mail, reaching your consumers.
Public relations, which involves developing a positive brand image in the media, are one of the best promotion techniques. It is a means of reaching your target audience through the sharing of favorable business information. Public relations efforts can be undertaken through press conferences, press releases, and media interviews.
In the short term, a sale promotion is a good way to improve your profit. Such promotion involves discounts, coupons, competitions, awards, loyalty programs, and other incentives that entice customers directly to purchase products.
Some economists believe that higher marginal income tax rates __________ the incentive to work and thus shift the __________. Question 14 options: increase; AD curve to the right increase; SRAS curve to the right increase; SRAS curve to the left decrease; AD curve to the left decrease; SRAS curve to the left Question 15 (1 point)
Answer:
The answer is "Decrease; SRAS curve to the left".
Explanation:
It indicates that certain incomes fall into additional tax categories, owing to a higher percentage of all raising revenue earned above the preceding category. Increased marginal cost tax rates would require a greater percentage of tax revenue. It will cut labor and lower output so that the limited supply aggregate curve could be moved to the left.
the weight of debt the weight of preferred stock the weight of common stock the cost of common stock Milner Sisters has 25,000 shares of common stock outstanding at a market price of $48 a share. The common stock just paid a $2.20 annual dividend and has a growth rate of 2.5 percent. There are 12,000 shares of 6 percent preferred stock outstanding at a market price of $62 a share. The outstanding bonds mature in 13 years, have a total face value of $750,000, a face value per bond of $1,000, and a market price of $1,011.92 each. The bonds pay 7 percent interest, semiannually. The tax rate is 34 percent. What is the firm's weighted average cost of capital
Answer:
Firm's weighted average cost of capital = 6.12%
Explanation:
CV = Common equity value = Number of shares of common stock outstanding * Common stock market price per share = 25,000 * $48 = $1,200,000
PV = Preference share value = Number of shares of preference stock outstanding * Preferred stock market price per share = 12,000 * $62 = $744,000
DV = Debt value = Outstanding bonds market value = (Total face value / Face value per bond) * Market price per bond = ($750,000 / $1,000) * $1,011.92 = $758,940
VF = Value of the firm = CV + PV + DV = $1,200,000 + $744,000 + $758,940 = $2,702,940
WC = Weight of common share = CV / VF = $1,200,000 / $2,702,940 = 0.4440
WP = Weight of preference share value = PV / VF = $744,000 / $2,702,940 = 0.2753
WD = Weight of debt = DV / VF = $758,940 / $2,702,940 = 0.2808
ND = Next dividend = Annual dividend * (100% + Growth rate) = $2.20 * (100% + 2.5%) = $2.255
CE = Cost of common stock = (ND + (Common stock market price per share * Growth rate)) / Common stock market price per share = (2.255 + (48 *2.5%)) / 48 = 0.0720
ATCD = After tax cost of debt = This is obtained by imputing this function in a cell in an excel sheet “=Rate(Number of years maturity * 2,((Bond interest rate/2)*Bond Par value),-Bond selling price,Bond par value)*2*(1 - Tax rate)”. That is, input “=RATE(13*2, ((7%/2)*1000),- 1,011.92,1000)*2*(1-34%)” in a cell in an excel sheet and press enter (as done in the attached excel file). This gives 4.53%.
CP = Cost of preference stock = Dividend rate = 6%
Firm's weighted average cost of capital = (WC * CE) + (WP * CP) + (WD * ATCD) = (0.4440 * 0.0720) + (0.2753 * 6%) + (0.2808 * 4.53%) = 0.0612, or 6.12%
If $1,000 is deposited in a certain bank account and remains in the account along with any accumulated interest, the dollar amount of interest, I , earned by the deposit in the first n years is given by the formula \small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right ) , where r percent is the annual interest rate paid by the bank. Is the annual interest rate paid by the bank greater than 8 percent?
Answer:
The rate is greater than 8%
Explanation:
Given
[tex]\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )[/tex]
Missing part of question
[tex]I =210[/tex]
[tex]n =2[/tex]
Required
Is r > 1
We have:
[tex]\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )[/tex]
Substitute values for r and I
[tex]210 = 1,000 \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )[/tex]
Divide both sides by 1000
[tex]0.210 = \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )[/tex]
Add 1 to both sides
[tex]1.210 = (1+\frac{r}{100} \right ))^{2}[/tex]
Take square roots of both sides
[tex]\sqrt{1.210} = 1+\frac{r}{100}[/tex]
[tex]1.1 = 1+\frac{r}{100}[/tex]
Subtract 1 from both sides
[tex]0.1 = \frac{r}{100}[/tex]
Multiply both sides by 100
[tex]r = 10[/tex]
[tex]10 > 8[/tex]
Hence, the rate is greater than 8%
Plant Away is an Oregon-based retailer and distributor of trees and shrubs. They have hundreds of smaller nurseries based around the country that grow the plant stock. The majority of their business is conducted online Consumers purchase typically small quantities of products online and Plant Away coordinates the shipping from the most appropriate nursery. What unique problems might you anticipate they have in their supply chain? What might remedy these problems?
Answer: See explanation
Explanation:
A supply chain refers to the network of people, firms, resources, technology etc that are involved in product creation and sale.
Based on the question, the unique problems that one can anticipate in the supply chain can be due unforeseeable events. For example, the uncertainties in this case can be disease of plants, bad weather, interstate regulations etc.
To remedy the problem, it's vital to have a weather forecast that's up-to-date. This can help in anticipating the challenges and then determining the best transportation routes to take.
Identify which Equal Opportunity law (or laws) protects workers in the following categories: a. an employee who must care for an elderly parent b. a National Guard member who is returning from deployment overseas c. a job applicant who is HIV positive d. a person who is over 40 years old e. a woman who has been sexually harassed on the job f. a woman with a family history of breast cancer
Answer:
a. Family and Medical Leave Act
b. Americans with disabilities Act
c. Rehabilitation Act
d. Age discrimination in employment Act
e. Civil Rights Act
f. Genetic Information non discrimination Act
Explanation:
U.S. Equal Employment Opportunity Commission EEOC has 8 federal laws which protects the rights of employees at workplace. These laws save employees from harassment, discrimination due to disability or any other reason and provides them civil rights.
Why did the author introduce factors of
production before discussing land, labor and
capital?
A
to help the reader understand what
economic resources are before introducing
the three groups of economic resources.
B
to help the reader understand the role of
economists before introducing what it is that
economists study
с
to help the reader understand why there is
demand for certain inputs before
introducing the idea of input scarcity
D
to help the reader understand what goods
and services are before introducing how
those goods and services are brought about
Answer: A . to help the reader understand what economic resources are before introducing the three groups of economic resources.
Explanation:
Land, labor and capital are the three most important factors of production so in introducing factors of production first, the author wanted to give a background of what factors of production are before then giving the types of factors there are.
The background information given is to enable the reader understand what economic resources/ factors of production are so that they would then be able to understand the general need for land, labor and capital when they are introduced.
which best deceived the nature of cause and effect in the context of the business cycle?
A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause
Here's a paragraph from a recap email. "You currently have a quote from a moving company for about $5,000, but you would be willing to pay twice that much if it meant ensuring your equipment was moved safely and on time. However, the decision isn't yours alone. Sebastian is in charge of the equipment and Sal will have to approve the higher budget. We'll include them in our next meeting to discuss the details of where we go from here." Which part of the explore phase does it accomplish?
Answer:
Business Analysis
Explanation:
The business analysis approaches is used to describe the overall processes that needs to be followed or carried out to perform a business analysis work for a given initiative. The BA approach also describes what tasks to be performed, what deliverables to be produced and what techniques are to be used.
In the context, a recap email which shows things to be discussed and to take steps or actions in the next meeting accomplishes the BA or the business analysis approach of the explore phase.
what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Why are online sellers a stakeholder in Amazon?
During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
If a strategic plan is failing to meet its objectives, but the company's execution is deemed sufficient, management should first Multiple choice question. reconsider the assumptions that were used to formulate the strategic plan. pressure employees to improve their implementation efforts. start from stage one of the strategy process. set less ambitious objectives.
Answer:
The answer is "reconsider the assumptions that were used to formulate the strategic plan".
Explanation:
This strategic plan is a document used to improve objectives to achieve these objectives and all other essential aspects generated during the planning process to the company. That's why Whether the business strategy fails to meet its goals, but the performance of the business is judged enough, management must first s right the premises used in construct the comprehensive strategy.
A developer is considering building a community for senior citizens. He sets up a building that is occupied only by tenants 62 years or older. He designs community areas with barrier-free access and he advertises to older people in retirement magazines. A niece of one of the owners requests permission to move in with her two children and live with her aunt in the building. The homeowners and the developers refuse to let her move in. Are they justified in doing this?
Answer: They are if the property qualifies for an exemption
Explanation:
Generally speaking it is illegal to deny a person the chance to rent or buy a house based on their age amongst other things due to the Fair Housing Act of 1968.
There are however, some exceptions to this law and one such exception has to do with the elderly. On account of the special needs they have, elderly people homes and communities can be exempted from this law so as to allow only the elderly to rent or buy in a certain place.
This is contingent on certain requirements being met and if they have been met in the above scenario, the homeowners can indeed refuse access to the niece in question.
Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?
Market power
positive externality
private good
negative externality
imperfect information
Fact Pattern: Blaster, Inc., a manufacturer of portable radios, purchases the components from subcontractors to use to assemble into a complete radio. Each radio requires three units each of Part XBEZ52, which has a standard cost of $1.45 per unit. During May, Blaster experienced the following with respect to Part XBEZ52: Units Purchases ($18,000) 12,000 Consumed in manufacturing 10,000 Radios manufactured 3,000 Question During May, Blaster incurred a purchase price variance of
Answer:
Direct material price variance= $600 unfavorable
Explanation:
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Standard price= $1.45
Actual price= 18,000/12,000= $1.5
Actual quantity= 12,000
Direct material price variance= (1.45 - 1.5)*12,000
Direct material price variance= $600 unfavorable
In 1949, Sycamore, Illinois built a hospital for about $500,000. In 1987, the county restored the courthouse for about $2.4 million. A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, the hospital cost about a. $4.1 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars. b. $4.1 million in 2000 dollars, which is less than the cost of the courthouse restoration in 2000 dollars. c. $3.6 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars. d. $3.6 million in 2000 dollars, which is less than the cost of the courthouse restoration in 2000 dollars.
Answer:
a. $4.1 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars.
Explanation:
The computation is shown below;
Cost in 2000 dollars is
= $500,000 × (Price index in 2000 ÷ Price index in 1949)
= $500,000 × (114.5 ÷ 14)
= 40,89,285.71
= $4.1 million
So overall we can see that the $4.1 million in the year 2000 more than the cost of the courthouse
Therefore the option a is correct
E5.2 (LO 2), AP This information relates to Rice Co. Journalize purchase transactions. 1. On April 5, purchased merchandise on account from Jax Company for $28,000, terms 2/10, n/30. 2. On April 6, paid freight costs of $700 on merchandise purchased from Jax. 3. On April 7, purchased equipment on account for $30,000. 4. On April 8, returned $3,600 of April 5 merchandise to Jax Company. 5. On April 15, paid the amount due to Jax Company in full. Instructions a. Prepare the journal entries to record the transactions listed above on Rice Co.'s books. Rice Co.
Answer:
A. Apr 5
Dr Merchandise inventory 28000
Cr Account payable 28000
Apr 6
Dr Merchandise inventory 700
C Cash 700
Apr 7
Dr Equipment 30000
Cr Account payable 30000
Apr 8
Dr Account payable 3600
Cr Merchandise inventory 3600
Apr 15
Dr Account payable 24400
Cr Cash 23912
Cr Merchandise inventory 488
B) Dr Account payable 24400
Cr Cash 24400
Explanation:
A. Preparation of the journal entries to record the transactions listed above on Rice Co.'s books. Rice Co.
Apr 5
Dr Merchandise inventory 28000
Cr Account payable 28000
Apr 6
Dr Merchandise inventory 700
C Cash 700
Apr 7
Dr Equipment 30000
Cr Account payable 30000
Apr 8
Dr Account payable 3600
Cr Merchandise inventory 3600
Apr 15
Dr Account payable (28000-3600) 24400
Cr Cash 23912
Cr Merchandise inventory 488
B. may 4
Dr Account payable (28000-3600) 24400
Cr Cash 24400
Prevents a company from making anti-competitive deals.
A)Anti-Oligopoly Laws
B)Anti-Monolithic Laws
C)Anti-firm Laws
D)Anti-trust Laws
Answer:
Alternative B
Explanation:
Because monolithic comes from a latin term, that is used when a bussines is commanding a whole market, which is an anti-competitive deal
Consider the following three scenarios:I. ABC Lawncare performed lawn maintenance services for Drake Inc. on June 1st, and received payment of $500 for those services.II. On June 1st, Melly Corp received payment for 100 pounds of raw material to be delivered to Drake Inc. in 6 months.III. Lodo, LLC collected cash on June 1st for services rendered on May 1st.Given these scenarios, revenue cannot be recognized on June 1st for:
Answer:
Scenario IIScenario IIIExplanation:
The Accrual basis is used in Accounting which means that when it comes to revenue, it can only be recognized in the period that it is earned.
Scenario II cannot be recognized on June 1st because it is for goods to be delivered in 6 months. As the goods have not been delivered, the revenue has not be earned so will not be recognized.
Scenario III cannot be recognized on June 1st as well because it was for work done in May which means that it was earned in May. It is to be recognized as revenue earned in May, not in June.
In cultures where work gets done because of the relationship _____. Select one: a. the priority is on accomplishing the task. b. business meetings tend to be quick and to the point. c. people spend a great amout of time getting to know each other than working. d. interactions are informal.
Answer:
c. people spend a great amount of time getting to know each other than working.
Explanation:
In the cultures, the work should get done as because of the relationship that means the people spend a great amount of time in order to know each other personally other than for working purpose so that the mutual understanding between them could be created and accordingly they will communicate with one another
Therefore as per the given situation, the option c is correct
A husband and wife have a joint account with a member firm. The wife calls the registered representative with instructions to liquidate their 500 share position of ABC stock. The registered representative should: A accept and execute the order as given B execute the order only after the branch manager approves C execute the order only after the husband approves orally D execute the order only after the husba
Answer:
A
Explanation:
Accept and execute the order as given. Even though one may be inclined to think otherwise, or want to think otherwise. The right course of action is to accept the given request, and treat it as such. Because the couple owns the account together, and they both operate it. So, either of them can actually call the representative and give instructions to them to be carried out.