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kobusy [5.1K]
3 years ago
13

The movies Goldfinger (James Bond Movie) and Die Hard 3 (Die Hard with a Vengeance) both involve the perpetrators doing somethin

g to gold. Assume that the bad guys succeed with their plot, what would be the impact on gold prices and gold spreads in each case?
Business
1 answer:
yaroslaw [1]3 years ago
8 0

Explanation:

After the failure of a drug factory in Latin America, James Bond — agent 007—goes to Miami Beach. Where he receives orders from his boss, M, by CIA agent Felix Leiter, to monitor the bullion dealer Auric Gold Finger, who is staying at the same hotel as Bond. The investigator sees Gold's finger gambling on gin rummy and saves him by manipulating his worker, Jill Master's son, and extorting Gold's finger from losing. Bondand Jill is consummating their current relationship; however, Bond is eventually deprived of Gold Finger's Korean manservant Odd's work. As Bond regains consciousness, he discovers Jill dead, coated in gold polish, dying from "epidermal suffocation."

In Paris, Bond discovers that his goal is to decide whether Gold Finger smuggles gold globally. Bond arranges to encounter Gold Finger socially and wins a high-stakes game of golf against him, with the Nazi gold bar at stake. Bond leads him to Switzerland, where Tilly, Jill Masterson's niece, attempts an futile attempt at vengeance by shooting a Gold Finger sniper gun.

Bond wanders into Gold Finger's factory and learns that he smuggles the gold by burning it down and putting it into the bodywork of his vehicle, which he brings with him every time he drives. Bond even overhears him speak about "Project Grand Slam" to a Red Chinese agent called Mr. Ling. Leaving, Bond comes across Tilly as she's attempting to destroy Gold Finger again, but she's creating an alarm in the process; odd job kills Tilly with her hat. Bond is caught and Gold finger binds Bond to the cutting table below the advanced torch, which proceeds to break a sheet of gold in two, with Bond sitting on it. Bond lies telling the Gold Finger which MI6 learns of Grand Slam, leading the Gold Finger to save Bond's life and trick MI6 into thinking that Bond has matters in order.

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Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay
nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1

That is:

EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx
3 0
3 years ago
Knelling Company reported a balance in Accounts Receivable of $50,000 and a credit balance of $3,000 in the Allowance for Doubtf
Crank

Answer:

Bad Debt A/c Dr  $9,000

To Credit Allowance for Bad & Doubtful  A/c    $9,000

Explanation:

According to the scenario, the journal entry are given below:

Journal Entry:

Bad Debt A/c Dr  $9,000

To Credit Allowance for Bad & Doubtful  A/c    $9,000

(Being the Bad debt A/c is recorded)

The computation for bad debts are given below:

 Bad debts = Uncollectible Amount - Credit balance in Allowance for doubtful A/c

Where,

Uncollectible Amount = $12,000

Credit balance in Allowance for doubtful A/c = $3,000

By putting the value we get,

= $12,000 - $3,000

= $9,000

8 0
3 years ago
Momentous Occasions is a photography business that shoots videos at college parties. The freshman class pays $1,000 in advance o
KatRina [158]

Answer:

a. The Date on which Revenue was earned is April 2.

The Cash was received on March 3 and Revenue was earned on April 2 so no the earnings were not received on the same date the cash was received.

b. The date revenue was earned was February 28.

The Cash was received on the February 28 and the Services were given on the February 28. So yes the earnings occur the same date the cash was received.

Explanation:

a.

To understand this let us create a Journal Entry for the transaction on March 3 first:

Debit: Cash $1,000

Credit: Services Payable $1,000

To record cash earned from the services payable.

At this time Momentu Occasions have earned the Cash but it cannot be recorded as revenue as the services are still a liability which are yet to be given.

Now lets record the Journal Entry from April 2:

Debit: Services Payable $1,000

Credit: Service Revenue $1,000

To record Revenue earned.

Now the Services Payable account will be canceled out and the revenue entry will be generated. Hence we can come to conclusion and drive our answers from it;

b.

For Sophomore Class the Journal entry can be recorded as follows on the February 28:

Debit: Cash $4,100

Credit: Service Revenue $4,100

To record Service given at Cash.

4 0
3 years ago
Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them
vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones <em>should be</em> allowed to play his opera music.

6 0
3 years ago
Tax cuts _________.A) and increases in government expenditures shift aggregate demand right.B) and increases in government expen
Pie

Answer: A. and increases in government expenditures shift aggregate demand right.

Explanation: Government expenditures or spending affect the aggregate demand, because it is one of the component of aggregate demand. If there is an increase in government spending the aggregate demand will shift to the right.

When there is tax cut or reduction in tax, there will be more disposable income which will increase consumption and savings and in turn shift the aggregate demand to the right.

5 0
3 years ago
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