You want to buy a house within 3 years, and you are currently saving for the down payment. you plan to save $5,000 at the end of the first year, and you anticipate that your annual savings will increase by 10% annually thereafter. your expected annual return is 7%. how much will you have for a down payment at the end of year 3?
To calculate the down payment at the end of year 3, use the formula for compound interest and calculate the future value based on your savings and the annual interest rate.
Explanation:To calculate the amount of money you will have for a down payment at the end of year 3, you can use the formula for compound interest: A = P(1+r/n)^(nt), where A is the future value, P is the present value, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
In this case, the present value (P) is $5,000, the annual interest rate (r) is 7%, and the number of times interest is compounded per year (n) is 1. Since you plan to save $5,000 at the end of the first year and your annual savings will increase by 10% annually, your future value (A) at the end of year 3 can be calculated as follows:
A = 5000(1+0.07/1)^(1*3) + 5500(1+0.07/1)^(1*2) + 6050(1+0.07/1)^(1*1)
Solving this equation will give you the amount of money you will have for a down payment at the end of year 3.
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Craig commits fraud on his tax return. it is found that he was $40,000 deficient in his tax because of the fraud. what would his penalty be?
a. $30,000
b. $0
c. $40,000
d. $500
The criminal fraud tax penalty is 75% of the money deficiency attributable to the fraud. Since the fraud deficient committed by Craig amounts to $40,000, therefore the penalty is:
75% = 0.75
Penalty = 0.75 * $40,000
Penalty = $30,000
Answer:
A. $30,000
On october 10, the stockholders’ equity of sherman systems appears as follows:
On October 10, the stockholders’ equity of Sherman systems appears as follows:
Common Stock ,$10 par value, 72,000 shares authorized, issued and outstanding = 720,000
Paid-in capital in excess of par value, common stock = 216,000
Retained earnings = 864,000
Total stockholders' equity = 1,800,000
Believing that wealthy people deserve to be robbed because of their ill-gotten gains best illustrates a potential consequence of
Janice is a 48-year-old married woman who uses technology as a major source of information and shopping. she has a dvd drive on her computer and enjoys satellite radio, but would do more if she could afford it. to which technology segment does janice belong?
On a proportional basis, the largest part of combined state and local spending goes for
defense.
health.
roads.
education.
How often do you rely on your time-management skills to meet deadlines?
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous chefs and his mom. Every weekend, he invites friends over for dinner so he can try new dishes and get honest feedback from his friends. Mark wants to start his own restaurant someday because he thinks he would be successful and become wealthy. Which of Adam Smith’s ideas made Mark think of starting a restaurant?
invisible hand
self-interest
competition
laissez-faire
The answer is "self-interest".
Self-interest is characterized as being centered around yourself or putting yourself at leeway.
An example of Self-interest is pondering your necessities over the requirements of others around you.
Self-interest is when people settle on choices that are in their very own best advantage. Like when you choose to get up early in the day to go to work and profit, or when you pay the supermarket for sustenance that you might want to eat.
Answer:
Self-interest
Explanation:
This is 100% the right answer because I got this question on a test and this was correct.
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Using dubai as an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the future?
Dubai's transformation into a modern business hub exemplifies how cultural similarities can be more influential than cultural differences in international business. The city-state's strategic marketing and business-friendly policies attract a global workforce, creating a blend of cultures unified by business interests. However, cultural differences, such as religious distinctions, remain a factor in personal and business interactions.
The idea that cultural similarities can outweigh cultural differences is particularly relevant in the context of international business. Dubai's successful transformation into a global business hub serves as an excellent example to explore this question. The city-state's model demonstrates how leveraging cultural similarities can facilitate business operations despite the presence of diverse cultural backgrounds. Dubai has strategically positioned itself as an economic epicenter by attracting investment and skilled labor, creating a platform where people from various cultural backgrounds are united by their professional and business interests.
Moreover, Dubai markets itself as providing access to a market of outstanding potential for overseas companies, showcasing its highly developed economy, state-of-the-art infrastructure, and business-friendly environment. In the 'Dubai Business' sector, the experience of Tajik middlemen illustrates how cultural proximity can lead to tight-knit business networks that are critical for success. Tajiks in Dubai often integrate into the emirate's economy by forming alliances with culturally closer groups, like Iranian and Afghan traders, which helps them navigate the business landscape more effectively by trusting those with familiar cultural ties.
Despite this, there are still challenges faced by individuals and businesses when it comes to cultural differences. For instance, while Tajiks might engage in business with other Muslim traders, the distinction between Sunni and Shia can still play a role in their personal lives and business operations. This underscores the notion that while cultural similarities can bridge gaps in the business world, differences still exist and can influence how business is done.
If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
To strengthen the dollar using sterilized intervention, the fed would _______ dollars and simultaneously _______ treasury securities.
Sterilized intervention to strengthen the dollar involves the Fed buying dollars to increase its value and simultaneously selling Treasury securities to prevent inflation.
Explanation:To strengthen the dollar using sterilized intervention, the Federal Reserve (Fed) would buy dollars and simultaneously sell Treasury securities. Sterilized intervention involves two stages. In the first stage, the Fed purchases dollars in the foreign exchange market, which increases the demand for dollars, raising its value. Simultaneously, in the second stage, the Fed would sell Treasury securities in the open market to absorb the extra liquidity created by buying dollars, thereby preventing an increase in the money supply and inflation. This action would keep the interest rates stable while raising the value of the dollar.
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Whether buyer bargaining power poses a strong or weak source of competitive pressure on industry members depends in part on
Buyer bargaining power's impact on competitive pressure in an industry is influenced by a firm's market power, product similarity to competitors, barriers to new firms entering the market, and competition strategies like price or product differentiation.
Explanation:Whether buyer bargaining power poses a strong or weak source of competitive pressure on industry members depends in part on several factors. This includes the market power each firm possesses, how similar a firm's product is to others in the industry, the difficulties for new firms to enter the market, and whether firms compete mainly on price, product differences, or advertising. Additionally, factors such as the number and size of firms, the presence of any barriers to entry, and the availability of alternative options for buyers can dramatically affect the extent of buyer bargaining power in a given industry.
In markets where a few buyers make a sizable fraction of total purchases, they can exercise significant influence, potentially leading to monopsony power where buyers pay lower prices and buy smaller quantities. Conversely, in highly competitive markets where buyers have several similar options available, their bargaining power is diminished.
Karl marx introduced the idea of a _____, a pool of job-seekers whose numbers outpace the available positions and who contribute to keeping wages low and conditions of work tenuous.
Karl Marx introduced the idea of a Reserve army of labour. a pool of job-seekers whose numbers outpace the available positions.
What is Karl Marx?Marxism is a social, political, and economic ideology that places a strong emphasis on the struggle between the working class and capitalists. Marx was the person who created it. Marx thought that there will inevitably be class conflict due of the inherent exploitation of workers by capitalists.
Marx criticized capitalism as a system that alienates the masses. Despite the fact that workers create goods for the market, it is the forces of the market that ultimately determine how things work. For capitalists who have complete control over the means of production and authority in the workplace, people are required to perform labor.
Karl Marx, a German philosopher, lived in the 19th century. He was a well-known communist enthusiast and an expert in political theory.
Thus, Reserve army of labour.
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In a research report, limitations of the study are normally discussed in which section?
In using reinforcement, a manager should _____. clearly communicate the desired behavior reward both desired and undesired behavior give all employees the same rewards to ensure fairness save rewards for weekly or monthly celebrations avoid using punishment
In using reinforcement, a manager should clearly communicate the desired behavior
The manager should inform the desired action. This is very important because it will allow the group to concentrate and know the desires of the manager. Communicating the desired behavior would also encourage teamwork.
Further ExplanationManagers can apply reinforcement theory to encourage the employees. Using this theory in dealing with employee improve the manager’s foresight to clearly understand the needs of the employees.
Reinforcement can be used to improve employee’s behavior. Managers can apply positive reinforcement when dealing with the workers either by giving them bonuses to achieve the purpose of a set goal or by increasing their wages to improves the values of an organization.
Positive reinforcement may be in the form of giving promotions, appraisals or assigning employees more challenging work towards meeting the desired goals of an organization.
The reinforcement theory has to do with changing a person’s behavior. The theory states that a person’s behavior can be changed by imposing a punishment or a reward.
A reward can be applied towards improving the kind of behavior you desired and punishment can as well be used to change undesired behavior.
The two major type of reinforcement include
Negative reinforcementPositive reinforcement.LEARN MORE:
Extinction https://brainly.com/question/11064304This is an example of negative reinforcement in action https://brainly.com/question/13032025KEYWORDS:
reinforcementmanagerpositive reinforcementnegative reinforcementundesired behaviordesired behaviorwhat are the consequences of traditional law of production
The traditional economies' law of production depends only on agriculture, fishing, hunting, gathering or some combination of the above mentioned. They only use barter instead of money. Meanwhile, there are consequences of the traditional law of production because they are vulnerable to change in nature especially the weather. For this reason, traditional economies limit population growth. When the harvest or hunting is poor, people will definitely get starve. Those societies often consume the natural resources they will depend on or wage war
Nico bought 100 shares of cisco systems stock for $30.00 per share on january 1, 2013. he received a dividend of $2.00 per share at the end of 2013 and $3.00 per share at the end of 2014. at the end of 2015, nico collected a dividend of $4.00 per share and sold his stock for $33.00 per share. what was nico's realized holding period return?
Nico's realized holding period return on his Cisco Systems stock was 40%. This was calculated by combining the dividends received and the capital gain from the sale of the stock, divided by the initial investment.
Explanation:Calculating Realized Holding Period ReturnTo calculate Nico's realized holding period return on his investment in Cisco Systems stock, we need to consider his initial investment, the dividends received, and the selling price of the stock. Initially, Nico bought 100 shares at $30.00 each, amounting to a total investment of $3,000. Over the holding period, he received dividends as follows: $2.00 per share in 2013, $3.00 per share in 2014, and $4.00 per share in 2015, totaling $9.00 per share or $900 for 100 shares. Upon selling the stock at the end of 2015 for $33.00 per share, Nico received $3,300.
Now, let's calculate the realized holding period return:
Total dividends received: 100 shares x ($2 + $3 + $4) = $900Capital gain from sale: (Selling price per share - Purchase price per share) x Number of shares = ($33 - $30) x 100 = $300Total return: Dividends received + Capital gain = $900 + $300 = $1,200Realized holding period return: (Total return / Initial investment) x 100 = ($1,200 / $3,000) x 100 = 40%Nico's realized holding period return on his Cisco Systems stock investment was 40%.
Coca-cola, gillette razors, and wrigley's gum are virtually selling the same product in other countries. this is an example of which type of international product strategy?
Brian vargo, an auto repair mechanic who remains unemployed because he refuses to work for less than $1,000 an hour, is:
Sessler manufacturers made two announcements concerning its common stock today. first, the company announced that the next annual dividend will be $1.55 a share. secondly, all dividends after that will increase by 1.5 percent for the foreseeable future. what is the maximum amount you should pay to purchase a share of this stock today if you require a 16 percent rate of return?
To solve this problem, let us recall that the formula for calculating the required present amount is:
P = D / (ROR – ROI)
where,
D = annual dividend per share = $1.55
ROR = rate of return = 0.16
ROI = rate of increase = 0.015
Calculating for the required amount, P:
P = $1.55 / (0.16 – 0.015)
P = $10.69
Therefore, you should pay around $10.70 to get a 16% rate of return.
Ten percent of your grade for this assignment is based on your explanation of two basic principles of communication:
The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication is false because the answer is based on the grading rubric of the week one assignment that was given.
Jane's candy shack was a quaint shop, in a small town, with high end items that never attracted many customers. its failure was probably attributable to failure to
In relation to an approach to get into customers’ minds, _____ refers to the collection of associations and emotions unconsciously linked to a word, concept, or experience.
a. illusion
b. moments of truth
c. imprint
d. implication
The answer to this question is Imprint.
Imprinting is an approach that makes the consumers / customers remember your brand. Imprint simply means leaving something in your mind which last long and gives an impact. Imprinting is very important in businesses because when you imprint your brand in the mind of the customers it gives a long information about the product and gives a lasting impression.
At the start of this year 18 months rent was paid. At the year's end how will this affect the balance sheet
An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is
The four-firm concentration ratio in this industry is 40%.
Explanation:The four-firm concentration ratio in an industry is a measure of the combined market share of the four largest firms in that industry. It is calculated by adding the market shares of these four firms. In this case, since all 10 firms in the industry have equal sales, the four-firm concentration ratio would be 4 times the market share of each firm, which would be 4/10 or 40%.
Although the four-firm concentration ratio provides a snapshot of industry concentration, it may not provide the full picture of competition within the industry. It is possible for two industries with the same four-firm concentration ratio to have different levels of competition, depending on the distribution of market shares among the firms.
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Future value if you deposit $2,000 in a bank account that pays 6% interest annually, how much will be in your account after 5 years
The future value of depositing $2,000 in a bank account that pays 6% annual interest for 5 years is approximately $2,674.16.
Explanation:The subject of this question is about calculating the future value of an amount of money deposited in a bank account that pays a certain amount of interest annually. In this case, you deposit $2,000 in a bank account that pays 6% interest annually and want to find out how much will be in the account after 5 years.
To calculate this, you can use the formula for compound interest which is: A = P(1 + r/n)nt. But in this case since annual compounding is assumed based on the question, we use a simplified version of the formula which is: A = P(1 + r)^t where:
A is the amount of money accumulated after n years, including interest.P is the principal amount (the initial amount of money).r is the annual interest rate (in decimal form, so 6% becomes .06).t is the time the money is invested for in years.
So, plug the numbers into the formula: A = 2000(1 + .06)^5, and you will get A = $2,674.16 approximately. So, the future value of this deposit after 5 years will be $2,674.16.
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You recently discovered that a junior admin deleted some of the srv records, which caused some users to have problems logging in. what is the best way to re-create the srv records?
The best way to re-create the SRV records that were deleted
is by following the steps given below:
1. Click command prompt from the desktop
2. Type nltest/dsregdns and press enter
3. Go to DNS manager and click the Action tab and hit refresh button
From disposable income, ___________________ (the c in the expenditures model used to calculate gdp) is subtracted to arrive at personal savings by all households within our economy
The owners of a firm facing a high probability of bankruptcy prefer to invest in ____ projects, because ______
The answer is risky; the shareholders have little to lose and might win if successful. They prefer to go to high risk projects financed with debt because the bondholders are more pertinent to suffer any economic losses incurred should the project fail. The additional debt a company gets, the more it risks being not capable to meet its economic obligations to creditors. A highly leveraged firm is more susceptible to a decline in profitability. Therefore, a highly levered firm has a higher risk of bankruptcy. Investors and/or owners would prefer the company to go ahead with the risky investment. If the company foregoes the investment, owners don’t benefit. If the company does go for the risky investment, owners have at least some upside gain potential.
The owners of a firm facing a high probability of bankruptcy prefer to invest in [tex]\fbox{risky}[/tex] projects because [tex]\fbox{the shareholders have little to lose and might win if successful}.[/tex]
Further Explanation:
Bankruptcy: Bankruptcy refers to the legal process where the person or company seeks relief from the court because they are not able to pay their debt. The company and debtor both can file for bankruptcy in the court.
If the firm is facing bankruptcy, it means that it is heavily laden with debt. The profitability of the firm is very low since it is not able to pay its debts. If the firm goes for bankruptcy, the shareholder will receive a cents for a dollar. But if the firm accepts the risky project and successfully implement it, then it will improve the condition of the firm. The firm might be able to pay its debts.
Therefore, the firm that is facing a high chance of bankruptcy prefers to invest in risky projects because the shareholders might receive their money back if the project is successful.
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Financing decisions
Keywords: Owners of a firm, high probability of bankruptcy, risky projects, investment, bankruptcy, the shareholders, have, little too, lose, profit, loss, creditors, bank loan.
Oil producers expect that oil prices next year will be higher than oil prices this year. as a result, oil producers are most likely to
Anticipated higher oil prices next year would likely cause oil producers to decrease production and increase storage to take advantage of these future higher prices. This behavior is based on the economic principle of supply and demand.
Explanation:If oil producers anticipate that next year's oil prices will be higher than this year, they would most likely hold back on production and stockpile more oil. This behavior can be explained with the principle of supply and demand. When producers expect prices to increase in the future, they decrease supply in the present (by limiting production and increasing storage), which can create a scarcity, thereby pushing prices up.
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