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3 years ago

Please select the word from the list that best fits the definition

1 answer:

meriva3 years ago

8 0

The truth in the loan policy requires that a creditor to notify the borrowers of what money is going to cost them before using it.

<u>Explanation: </u>

The Truth in Loaning Act (TILA) is a national law enacted in 1968 that guarantees consumer protection and informs consumers of the true cost of borrowing. To order to ensure that customers can easily equate shop interest rates and terms, TILA allows loan requirements to be reported in a readily understandable manner.

The TILA proposes laws related for closed accounts (for example, home and car loans) or open accounts (for example, credit cards). It does not limit the amount of interest that banks can pay or offer a loan to banks.

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Lockdown Industries produces a variety of anti-crime and safety products such as burglar alarms, smoke detectors, surveillance c

vlabodo [156]

Answer:

<u>customer type.</u>

Explanation:

Lockdown Industries sells products to different types of customers, it would be ideal to use a departmental marketing strategy for each type of potential customer. This would benefit from directing strategic communication that is essential for retaining each type of customer the company has, facilitating the optimal approach, retention and capture of new customers.

3 0

3 years ago

Windsor, Inc. has had 4 years of net income. Due to this success, the market price of its 350,000 shares of $5 par value common

kvasek [131]

Answer:

$9,788,000

$12,700,000

$18,860,000

Explanation:

Stock dividend is the payment of dividend to stockholder in the form of stock/shares of the company. Stock are issued at the market price and the value of the dividend is transferred from the retained earning to the add-in-capital accounts.

Stock Dividend = 350,000 x 16% x $52 = $2,912,000

Stock split increase the numbers of shares with a specific given ratio but the common equity value remains same that's why the par value of the share decreases with respective ratio.

Stock Split = 350,000 x 2 / 1 x $5/2 = $1,750,000

Total Stockholders equity section includes the paid in capital of common and preferred stocks, additional paid in capital, retained earnings and reserves accounts.

Total Stockholders equity

Common Stock $1,750,000

Paid In Capital account $4,410,000.

Retained Earning <u>$12,700,000</u>

Total Stockholder's Equity <u>$18,860,000</u>

Retained Earning = $12,700,000 - $2,912,000 = $9,788,000

NO change in retained earning after stock split. Stock split only changes the outstanding numbers of shares and par value of the share.

It will remains the same because balances are transferred from retained earnings to the common stock and paid in capital accounts but the total balance remains the same.

As there is no changes to value of any equity account, so total stockholders equity will remain the same.

6 0

3 years ago

Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll inform

Travka [436]

Answer:

Gross pay:

consultant $2,310
computer programmer $2,100
administrator $2,760

Net pay:

consultant $1,694.73
computer programmer $1,539.68
administrator $1,945.78

Explanation:

regular earnings overtime withholding

allowances

Consultant $2,310 per week N/A 3

Computer programmer $30 per hour 1.5 2

Administrator $46 per hour 2 1

computer programmer worked 60 hours = ($30 x 40) + ($30 x 20 x 1.5) = $2,100

administrator worked 50 hours = ($46 x 40) + ($46 x 10 x 2) = $2,760

Social security taxes:

Consultant = 6% x $2,310 = $138.60
Computer programmer = 6% x $2,100 = $126
Administrator = 6% x $2,760 = $165.60

Medicare taxes:

Consultant = 1.5% x $2,310 = $34.65
Computer programmer = 1.5% x $2,100 = $31.5
Administrator = 1.5% x $2,760 = $41.40

Federal income taxes:

Consultant: amount subject to withholding = $2,310 - (3 x $70) = $2,100. Federal income taxes = $356.90 + [28% x ($2,100 - $1,796) = $442.02
Computer programmer = amount subject to withholding = $2,100 - (2 x $70) = $1,960. Federal income taxes = $356.90 + [28% x ($1,960 - $1,796) = $402.82
Administrator = amount subject to withholding = $2,760 - $70 = $2,690. Federal income taxes = $356.90 + [28% x ($2,690 - $1,796) = $607.22

Gross pay:

consultant $2,310
computer programmer $2,100
administrator $2,760

Net pay:

consultant $2,310 - ($138.60 + $34.65 + $442.02) = $1,694.73
computer programmer $2,100 - ($126 + $31.50 + $402.82) = $1,539.68
administrator $2,760 - ($165.60 + $41.40 + $607.22) = $1,945.78

8 0

3 years ago

Calculate the total return for each fund. Take the ending value divided by 1,000 (the beginning value), subtract 1, and multiply

yaroslaw [1]

The total return for each fund is calculated as follows:

Money Market Fund Stock Fund

Total return 35% 25%.

<h3>What is the total return?</h3>

The total return can be computed using the given formula.

It can also be computed as the dollar returns divided by the beginning value (investment cost), multiplied by 100.

<h3>Question Completion with Calculations:</h3>

Money Market Fund Stock Fund Total Fund

Beginning value $1,000 $1,000 $2,000

Ending value $1,350 $1,250 $2,600

Total return $350 $250 $600

Using the given formula, the total return for each fund is as follows:

Total return ($1,350/$1,000 - 1) x 100 ($1,250/$1,000 - 1) x 100

= 35% 25% 30%

Thus, the total return for each fund is 35% for the Money Market Fund and 25% for the Stock Fund.

Learn more about computing returns at brainly.com/question/15726451

#SP J1

4 0

2 years ago

According to the price confusion problem, if the price of a product increases, then:a.prices as a whole fall, and the firm’s out

masha68 [24]

Answer:

d.the market demand has increased, and the firm’s output should increase.

Explanation:

The price confusion problem stablish that the producers are not able to figure out if the increase on the price is due to demand increase or to inflation. But the "normal" logic is that if there is an increase is because the demand has grown and the production should increase as well.

8 0

3 years ago