Answer:
Determine Mario's current financial standing.
Determine his financial goal.
Determine possible risks that Mario can take.
Create a financial plan aiming to save money for college.
Review and revise the plan regularly.
Explanation:
Plato
Marlo's goal is to curb the urge to shop and save money for college. List the steps in order that Mario are:
Determine Mario's current financial standing.Determine his financial goal.Determine possible risks that Mario can take.Create a financial plan aiming to save money for college.Review and revise the plan regularly.What is college?The term “college” refers to an educational institute. The students are expected to learn and educate on a specific topic. The college is part of the university. A college provides the degree of the students who clear the sessions. The college students are learning something on the course.
According to the case was the based on the save money for college are:
Ascertain Mario's present financial situation.Determine his financial objective.Determine the risks Mario is willing to take.Make a financial plan with the goal of saving money for education.Review and adjust the plan on a regular basis.As a result, the Marlo's goal is to curb the urge to shop and save money for college. List the steps in order that Mario.
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At December 31, 2019, Talbot Corporation had 90,000 shares of common stock and 20,000 shares of convertible preferred stock outstanding, in addition to 9% convertible bonds payable in the face amount of $2,000,000. During 2019, Talbot paid dividends of $2.50 per share on the preferred stock. The preferred stock is convertible into 20,000 shares of common stock. The 9% convertible bonds are convertible into 30,000 shares of common stock. Net income for 2019 was $970,000. Assume an income tax rate of 30%. How much is the diluted earnings per share for the year ended December 31, 2019
Answer:
Diluted Earnings per share= $6.9
Explanation:
Earnings per share is the return attributable to each unit of outstanding ordinary share.
It is computed as the Net Income/Number of ordinary shares outstanding
The diluted earnings per share is the EPS assuming all convertible securities were all converted.
Converted shares is computed as follows:
units
Preferred shares = 20,000
Convertible bonds = 30,000
Total 50,000
Total outstanding shares ranking for Earnings = Ordinary shares + Converted shares
= 90,000 + 50,000 = 140,000
Diluted Earnings per share = 970,000/140,000= $6.9
Diluted Earnings per share= $6.9
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. Instructions: Enter your answers as whole numbers. a. What is its percentage rate of return? b. Is the firm earning an economic profit? If so, how large? c. Will this industry see entry or exit? d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?
Answer and Explanation:
The computation is shown below:
a. The rate of return in percentage is
= return ÷ investment
= $15 ÷ $150
= 10%
b. The economic profit is
= rate of return - normal profit rate
= 10% - 5%
= 5%
c. As the economic profit is more than 0 so it should be the entry
d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit
On January 1, Year 4, Jaffe Co. leased a machine to Pender Co. for 10 years, with $10,000 payments due at the beginning of each year effective at the inception of the lease. The machine cost Jaffe $55,000. The lease is appropriately accounted for as a sales-type lease by Jaffe. The present value of the 10 rent payments over the lease term discounted appropriately at 10% was $67,600. The estimated residual value of the machine at the end of 10 years is equal to the disposal costs. How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4
Answer:
$5,760
Explanation:
Calculation to determine How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4
First step is to calculate the carrying amount
carrying amount=$67,600-$10,000
carrying amount of $57,600
Now let calculate the interest revenue
Interest revenue =$57,600*10%
Interest revenue=$5,760
Therefore How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4 is $5,760
Need help with this question, thanks
Answer:
The 1st left one: Corona
Below it: Core
Beside Corona: Prominence
Below it: Photosphere
Below it: Sunspot
Hope it helps!!!
discuss the role of the factor market in the circular flow
Answer is in a photo. I can only upload it to a file hosting service. link below!
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How is cost of attendance (COA) determined at an institute of higher education?
It's based on tuition so it is calculated from the number of classes you enroll in.
It is the cost of tuition plus taxes.
It is an estimate of tuition fees, room and board, books, supplies and other expenses.
It combines financial aid, what your family can pay, plus tuition and room and board.
Answer:
Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.
Explanation:
Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-
a) tuition and fees
b) books and supplies
c) College infrastructure cost inclusive of room and board
d) transportation
e) scholarship etc.
Hence, option C is correct
Need help ASAP. Will mark brainliest
Answer:
click the top on and the socond option
Explanation:
what is a industrial shedder?
Paula is in charge of maintaining good relationships between her organization and local government, business leader groups, and the general public. Paula's responsibilities can be called _____. a. public relations b. advertising c. sales promotion d. personal selling e. press coordination
Answer:
a. public relations
Explanation:
As the name suggest that public relations means the relations that should be made between the organization and the general public, local government, leader groups, etc. It would create a positive image for the public at large by communicating with the people so that they get to know about the company
Therefore according to the given situation, the option a is correct
A production process requires a fixed cost of $ 50,000. The variable cost per unit is $ 25 and the revenue per unit is projected to be $ 45. Write a mathematical expression for total profit?
Answer:
y = $ 20 x - $ 50,000
Explanation:
A mathematical expression for total profit can be taken out of the Cost Volume Profit analysis as follows :
Total Profit = Contribution - Fixed Costs
where,
Contribution = Sales - Variable Costs
= $ 45 - $ 25
= $ 20
therefore,
if x units are sold the mathematical expression for total profit y can be determined as :
y = $ 20 x - $ 50,000
-1.4 Convert 4kg to grams (g), NB: 1kg = 1000g.
Answer:
Explanation:
The answer is 4000 g
Prior to February 28, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock on April 30 for $40 per share. On June 20, it reissued 50 of these shares at $46 per share. On September 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on November 2
Answer: $2,760
Explanation:
The Treasury account is for a company's own shares that it buys back.
Company purchased 100 shares for $40:
= 100 * 40
= $4,000
June 20, they sold 50 of these shares. It will be deducted from the Treasury account at cost. Balance is:
= 4,000 - (50 * 40)
= $2,000
On September 1, 20 shares at $38 were reissued. Balance in Treasury Account goes to:
= 2,000 + (20 * 38)
= $2,760
Julie and Barry Spinos purchased a house for $96,400. They made a 25 percent down payment and financed the remaining amount at 5.50 percent for 30 years. Their monthly payment is $410.66. How much of the first monthly payment is used to reduce the principal?
Answer: $79.30
Explanation:
Cost of the house = $96400
Down payment = 25% × $96400 = $24100
Mortgage = $96400 - $24100 = $72300
Interest = 5.5%
Time = 5 years
Monthly payment.= $410.66
The interest for first payment will be:
= $72300 × 5.5% × 1/12
= $72300 × 0.055 × 0.08333
= $331.36
Therefore, the amount of the first monthly payment is used to reduce the principal will be:
= $410.66 - $331.36
= $79.30
When the economy slips into a recession, normally the demand for bonds ________, the supply of bonds ________, and the interest rate ________, everything else held constant. a. decreases; increases; rises b. decreases; decreases; falls c. increases; increases; rises d. increases; decreases; fal
Answer:
b. decreases; decreases; falls.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Recession can be defined as a period of economic meltdown, in which there's a general decline in all economic activities such as trade.
Hence, when the economy slips into a recession, normally the demand for bonds decreases, the supply of bonds decreases, and the interest rate falls, ceteris paribus (everything else held constant).
What is the most important information you need to receive a stock quote?
Answer:
Hello Again!!! (Do you remember me?)
Explanation:
The information that we can get from a stock quote is usually consisting of a bid price, previous bid details, or the total quantity of trade. Generally the stock quote represents the price of share. It usually consists of all previous details of stock that the seller and buyer had finalized before agreeing to final decision.
True or False? A general partnership protects partners from the debts of the company.
Answer:
True
Explanation:
Do you need an Explanation? Or no??
On January 1, 2019, Tonika Company issued a four-year, $10,000, 10% bond. The interest is payable annually each December 31. The issue price was $9,689 based on an 11% effective interest rate. Tonika uses the effective-interest amortization method. The interest expense on the income statement for the year ended December 31, 2019 is closest to:
Answer:
$1,065.79
Explanation:
Calculation to determine what The interest expense on the income statement for the year ended December 31, 2019 is closest to:
Using this formula
Interest expenses=Issue price * Effective Interest rate
Let plug in the formula
Interest expenses=$9,689*11%
Interest expenses=$1,065.79
Therefore The interest expense on the income statement for the year ended December 31, 2019 is closest to:$1,065.79
Why should you include management and staffing issues in your business plan?
what is a form in computer?
In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.
Unit 4 Marketing Information Systems Test
Answer:
bro what tryna say in this question
During which stage of the new product development process do companies usually apply for patents?
A. commercialization
B. market testing
C. business analysis
D. prototype development
Answer:
Explanation:
prototype development
Question 26 of 40
What is warehousing?
A. Production of products
B. Selling of products to consumer
C. Holding goods that are awaiting sale or movement
D. Providing raw materials for production
SUBMIT
Answer: The answer is C
Explanation:
Holding goods that are awaiting sale or movement is warehousing. Hence, option C is correct.
What is warehousing?Warehousing is the process of keeping physical inventory for a future sale or distribution. When companies need to temporarily store items in big quantities before shipping them either individually to customers or to other places, enterprises of all kinds employ warehouses.
Tangible goods or inventory are maintained in a storage facility as warehousing prior to being sold and delivered. In order to protect and arrange their products, businesses can keep them in warehouses safely and securely.
A warehouse is a type of commercial building used to store goods, and warehousing is the practice of correctly processing and storing goods inside of warehouses using scientific methods so that they are quickly and easily available when needed.
Thus, option C is correct.
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how much taxable income does a single taxpayer have if they owe $4838 in taxes?
They owe the the current taxes they need to pay plus the past due one ($4,838) and the interest fee for both.
What is the range of this
data?
7, 2, 5, 1, 3
Answer:
1 and 7
Explanation:
The answer is 6. You have to subtract the smallest number from the biggest number.
YOUR ASSIGNMENT: 1. You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your income. Use the information provided to find your taxable income. Use this equation: taxable income = gross income - (adjustments + deductions + exemptions) Then find your tax liability. Explain how you found your answer. (6 points: 3 for the correct answer, 3 for the supporting explanation)
Answer:
GHVTUFFTUFT
Explanation:
In a well-diverted portfolio, _______ risk is negligible.
A) Nondiversified
B) Firm-specific
C) Systematic
D) Market
write a sample complaint for a customer gaining a food born illness from a restaurant
Answer:
mk
Explanation:
Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never
Answer:
A. This common law offer will expire after a reasonable period of time.
Explanation:
Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned
Therefore the correct option is a.
which kind of a person will you be if you prove to be accountable for your actions ?
I would be _ .
"In the United States, currency holdings per person average about" a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions. b. $110; one explanation for this relatively small average is that U.S. citizens hold a lot of foreign currency. c. $4,490; one explanation for this relatively large amount is that criminals probably prefer currency as a medium of exchange. d. $4,490; one explanation for this relatively large average is that U.S. citizens hold a lot of foreign currency.
Answer:
"In the United States, currency holdings per person average about"
a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions.
Explanation:
Many persons in the United States prefer the use of credit and debit cards to cash because they make it easier to settle transactions. Whereas a debit card allows one to spend money from deposited funds at the bank, a credit card gives the holder the ability to borrow money from the card issuer to purchase items or withdraw cash. There are credit card limits so that the cardholder does not withdraw above an established limit.