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Masteriza [31]
3 years ago
14

Jerry is a working-class black man with good credit. He needs to take out a loan to pay for some improvements to his house. Seve

ral banks denied his request for a loan because the neighborhood he lives in is considered risky for real-estate investments. Jerry is the victim of
Business
1 answer:
Misha Larkins [42]3 years ago
3 0

Answer:

Jerry is a victim of Stigmatization

Explanation:

if an individual is being stigmatized, it means we have given that person a label or tag and it's usually a label that is limiting in some way.

Stigmatization is when an individual, group or corporate body views an individual in a negative way because they have a distinguishing characteristic E.g the kind of neighborhood they live, the kind of friend they keep or personal trait that's thought to be a disadvantage.

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A foreign subsidiary of the Bart Corporation has certain balance sheet accounts on December 31, 20X2. Information relating to th
Lelechka [254]

Answer:

$885,000

Explanation:

How you are going to report the assets depends on whether you want to use the current rate method or the temporal (historic) method. Under the temporal method, you should use the historical rates, therefore, the total amount reported on the balance sheet is $885,000. if you want to use the current rate method, you should report the assets at $755,000, but you must also report an unrealized loss = $885,000 - $755,000 = $130,000 in the cumulative translation adjustment account. The total amount reported will not change, only the way you report it will change.

7 0
3 years ago
Taxon Corp. granted restricted stock units (RSUs) representing 30 million of its $1 par common shares to executives, subject to
postnew [5]

Answer:

The effect on earnings in the year after after the shares are granted to executives wpuld be that the earnings will be reduced by $80 million.

Explanation:

market price of common shares = $8 per share

number of common shares issued as RSUs = 30 million

total value of common shares issued as RSUs = 30 million*$8

                                                                              = $240 million

the total compensation to executives is $240 million and the vesting period is 3 years.

Therefore, the total compensation should be expensed over a period of 3 years, this will reduce the earnings of the company by $80 million ($240 million/3) per year for 3 years.

Therefore, The effect on earnings in the year after after the shares are granted to executives wpuld be that the earnings will be reduced by $80 million.

7 0
4 years ago
You buy a seven-year bond that has a 5.25% current yield and a 5.25% coupon (paid annually). In one year, promised yields to mat
Rufina [12.5K]

Answer:

HPR = 0.371%

Explanation:

we must first determine the price of the bond in 1 year:

present value of face value = $1,000 / (1 + 6.25%)⁶ = $695.07

present value of coupon payments = $52.50 x 4.87894 (PV annuity factor, 6.25%, 6 periods) = $256.14

market price in 1 year = $951.21

since you bought the bond at face value (market value = YTM), the the holding period return is:

HPR = [(ending price - actual price) + dividends received] / actual price

HPR = [($951.21 - $1,000) + $52.50] / $1,000 = $3.71 / $1,000 = 0.371%

5 0
3 years ago
On January 1, 2014, the merchandise inventory of Glaus, Inc. was $1,200,000. During 2014 Glaus purchased $2,400,000 of merchandi
Xelga [282]

Answer: Option (C) is correct.

Explanation:

Given that,

Merchandise inventory(beginning inventory) = $1,200,000

Merchandise purchased = $2,400,000

Sales = $3,000,000

Gross profit rate on sales = 25%

Ending inventory of Glaus:

= Beginning inventory + Purchases - cost of goods sold

= $1,200,000 + $2,400,000 - [sales × (100-25)%]

= $1,200,000 + $2,400,000 - $3,000,000 × 0.75

= $1,200,000 + $2,400,000 - $2,250,000

= $1,350,000

5 0
3 years ago
Suppose The government decides to increase taxes by 40 billion in order to increase social security benefits by the same amount
Marina86 [1]

Answer:

Suppose the government decides to increase taxes by $40 billion in order to increase Social Security benefits by the same amount. If the MPC is 0.9, will aggregate demand increase, decrease or remain unchanged at current prices with this combined tax transfer policy? No change Increase in AD O Decrease in AD

5 0
3 years ago
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