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irga5000 [103]
2 years ago
14

For questions 1-10, fill in the blank with the letter of the term that best matches the description. 25 POINTS! PLEASE HELP ME A

SAP!!
A.Fixed costs
B.APR
C.Savings
D.Budget
E.Income Potential
F.APY
G.Refinancing
H.Withdraw
I.Cash reserves
J.Cost of living

1.Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance

2.Abbreviation of annual precentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3.Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses

4.An expense that does not vary from one time period to the next

5.To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one

6.Money set aside for future use

7.To take money out of an account

8.To plan the allocation, expenditure, or use of money

9.The amount of money spent on food,clothing,accommodation, and other basic necessities

10.The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital
Business
2 answers:
dusya [7]2 years ago
7 0

Answer:

1. APR: Abbreviation of annual percentage rate, the interest rate applied     annually to a loan or a credit card balance .

2.  APY: Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3. Cash reserves: Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses.

4. .Fixed costs:An expense that does not vary from one time period to the next.

5. Refinancing:To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one.

6. Savings: Money set aside for future use .

7. Withdraw:To take money out of an account .

8. Budget:To plan the allocation, expenditure, or use of money .

9. Cost of living:The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital.

10. Income Potential: The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital

Explanation:

APR means Annual Percentage Rate.

APR means Annual Percentage Yield.

Elis [28]2 years ago
3 0

1.b

2.f

3.i

4.a

5.g

6.c

7.h

8.d

9.j

10.e

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The budget of the federal government is dramatically different than it was 50 years ago. In what way is it different
NISA [10]

Answer:

D

Explanation:

D.   Mandatory spending has increased as the population has gotten older and the Social Security and Medicare programs have expanded.

3 0
2 years ago
If Marriott used a single corporate hurdle rate for evaluating investment opportunities in each of its lines of business, what w
jolli1 [7]

Answer:

Explanation:

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if Marriott's hurdle rate is 10% and it's evaluating

project A with a 15% cost of capital &

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Project A would probably lead to a negative NPV because the cost of capital is higher (meaning it is riskier than the firm) hence could be rejected, but using the company hurdle rate of 10% to evaluate it could make its NPV positive. This would ignore the actual additional risk of the project.

5 0
3 years ago
A statement of cash flows helps answer all of the following:
Lina20 [59]

Answer:

1. What explains the changes in the cash account?

2. Where does a company spends its cash?

4. How does a company receives its cash?

Explanation:

The Cashflow statement deals with the cash transactions of the company with a view to know how actual cash moves through the company. As a result, it can answer questions related to the cash transactions of the company.

This includes:

  • Why there were changes in the cash account because it shows what activities brought in cash and which took cash.
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6 0
2 years ago
Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) r
Vika [28.1K]

Question Completion:

Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows:

Inventory, by                           Per Unit    Net Realizable

Product Category  Quantity     Cost              Value

Tools:

Hammers                  100         $5.00          $5.50

Saw                          200          10.00            9.00

Screwdrivers           300           2.00            2.60

Paint products:

1-gallon cans          500           6.00             5.00

Paint brushes         100            4.00            4.50

Required:

1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory.

2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1.

Answer:

<h3>Almaden Hardware Store</h3>

1. The carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to

(a) individual products:

= $5,800

(b) product categories:

= $6,050

(c) total inventory:

= $6,080

2. Inventory write-down as a line item in the income statement, for each of the LCNRV applications for:

(a) individual products:

Debit Cost of goods sold $700

Credit Inventory $700

To record the inventory write down based on LCNRV.

(b) product categories:

Debit Cost of goods sold $450

Credit Inventory $450

To record the inventory write down based on LCNRV.

(c) total inventory:

Debit Cost of goods sold $420

Credit Inventory $420

To record the inventory write down based on LCNRV.

Explanation:

a) Data and Calculations:

Inventory, by                           Per Unit    Net Realizable  LCNRV  Inventory

Product Category  Quantity     Cost             Value                           Value

Tools:

Hammers                  100         $5.00          $5.50             $5.00       $500

Saw                          200          10.00            9.00               9.00        1,800

Screwdrivers           300           2.00            2.60                2.00         600

Paint products:

1-gallon cans          500           6.00             5.00               5.00      2,500

Paint brushes         100            4.00            4.50                4.00         400

Inventory amount (LCNRV rule applied to individual products)  $5,800

Inventory amount (LCNRV rule applied to product categories)

Tools: Cost value = (100 * $5) + (200 * $10) + (300 * $2) = $3,100

          NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) = $3,130

LCNRV = $3,100 for tools

Paint products: Cost value = (500 * $6) + (100 * $4) = $3,400

                         NRV value =  (500 * $5) + (100 * $4.50) = $2,950

LCNRV = $2,950 for paint products

Total LCNRV = $6,050 ($3,100 + $2,950)

Inventory amount (LCNRV rule applied to total inventory):

Cost value = (100 * $5) + (200 * $10) + (300 * $2) + (500 * $6) + (100 * $4)

= $6,500

NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) + (500 * $5) + (100 * $4.50) = $6,080

Year-end Adjustments for each of the LCNRV applications in requirement 1:

(a) individual products:

Cost of Inventory =   $6,500

LCNRV =                      5,800

Inventory write down  $700

(b) product categories:

Cost of Inventory =   $6,500

LCNRV =                      6,050

Inventory write down  $450

(c) total inventory:

Cost of Inventory =   $6,500

LCNRV =                      6,080

Inventory write down  $420

7 0
2 years ago
Sandra wants to purchase a Nitro scooter from the only Nitro dealer in town, but the dealer will not sell her the scooter unless
kari74 [83]

Answer:

Option D The Clayton Act.

Explanation:

This legislation says that the unethical business practices are forbidden. This means if the Nitro dealer is asking for $500 extra for no reason then he is following an unethical business practice. So the Nitro Dealer is violating Clayton Antitrust act by fixing a price and then enforcing Sandra for purchase. So the violation is of provision of Clayton Act which prohibits price fixing.

8 0
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