8. What was the result of John overdrawing his checking account?
Based on John overdrawing his checking account, John’s payment was greater than the balance he had available in his account so he was charged a $35 fee.
What happens when an account is overdrawn?From the statement of John's account given, we can see that John made a payment of $710.49 that was more than he had in the account.
As a result, he overdrew his account and took it to a negative balance. He will therefore have to pay an overdraft fee of $35.
Options for this question are:
John’s payment was greater than the balance he had available in his account so the bank will deposit $237.81 into John’s account so he can pay his bills.John’s payment was greater than the balance he had available in his account so he was charged a $35 fee.John’s payment was greater than the balance he had available in his account so he was charged a $5 monthly maintenance fee.John’s payment was greater than the balance he had available in his account so the bank will transfer $35 from a linked account.Find out more on bank overdrafts at https://brainly.com/question/25532516
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List three pieces of information listed in a credit card agreement that you believe are important to review before
Explanation:
Annual Percentage Rate (APR). This is the cost of borrowing on the card, if you don’t pay the whole balance off each month. You can compare the APR for different cards which will help you to choose the cheapest. You should also compare other things about the cards, for example, fees, charges and incentives
Minimum repayment. If you don’t pay off the balance each month, you will be asked to repay a minimum amount. This is typically around 3% of the balance due.
Annual fee. Some cards charge a fee each year for use of the card. The fee is added to the amount due and you will have to pay interest on the fee as well as on your spending, unless you pay it in full.
The City of Kyle, Texas hired Wonderworks to put on its Independence Day fireworks show. Despite taking reasonable safety precautions while handling and launching the fireworks, the display suffers a misfire that causes all of the fireworks to explode simultaneously. The blast injures Franco. If Franco sues Wonderworks, he will
Answer:
Franco will Lose if he sues as this was an accident.
Explanation:
This question tells us that the city of Kyle and the company wonderworks, had taken all reasonable precautions regarding safety while handling and launching the fireworks. So this is not a case of negligence neither is it a case of a breach of duty. So this case is going to be ruled as an accident if Franco should sue. Which is actually what it is.
Calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produced. The marginal revenue of the 10th unit produced is
Complete Question:
If the price of an item is $3 per unit, calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produced. The marginal revenue of the 10th unit produced is ...
Answer:
a) The total revenue for 10 units = $30 ($3 * 10)
The total revenue for 9 units = $27 ($3 * 9)
b) The marginal revenue of the 10th unit produced is $3 ($30 - $27).
Explanation:
a) Total revenue is a function of the selling price per unit and the quantity or units of sales. For example, if a firm sells 5,000 units of its vehicle component at a unit price of $56, the total revenue will equal $280,000 (5,000 * $56).
b) The marginal revenue is the additional revenue that results from the sale of one additional unit of a product. Another way of computing the marginal revenue is to divide the change in total revenue by the change in total output quantity. This implies that marginal revenue is the additional price per unit of sales.
What would be the priority of the claims as to the distribution of assets in a liquidation under Chapter 7 of the Bankruptcy Act
Answer:
The redistribution of properties throughout liquidation according to Chapter 7 shall be regulated by that of the preceding precedence of allegations:
Explanation:
Past-due payments on the land. Safeguarded shareholders who have been qualified to the purchase price of such a particular property that has been guaranteed for something like a bond as well as a mortgage. Legal costs and several other charges for the administration and service of a failed company. Wages owed employees if they are received within three months of submitting a bankruptcy case.Question 27 (2 points)
Which of the following is not one of the four factors of production?
Entrepreneurship
Human resources
Production resources
Natural resources
Answer:
Entrepreneurship
Explanation:
Melodic Music, Inc., recently offered bonds for sale to the public. The unsecured corporate bond paid interest of 8% to investors for the 20-year life of the bonds. Melodic Music is obligated to
Answer:
a. Pay the principal and interest at the date of maturity
Explanation:
Options are "Pay the principal and interest at the date of maturity, Pay each owner their principal if and when they want to cash-in their investment, Pay stockholders their dividends, before paying bondholders their interest, List each bondholder as an owner in the company."
Melodic Music is obligated to pay the principal and interest at maturity as it is the basic obligation of a bond issuer and it is what separates the bond from equity.
Which of these is not an example of a trade restriction?
O A. Quotas
OB. Subsidies
C. Tariffs
D. Rationing
Out of the given option, the one that is not a trade restriction is the system of D. Rationing.
What are trade restrictions?These are methods that a nation uses to control the imports that it receives. They include quotas, tariffs and subsidies.
Rationing is used to reduce consumption and is usually used when trade is under threat and so cannot be a trade restriction.
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A company purchased factory equipment on April 1, 2017, for $116800. It is estimated that the equipment will have a $16000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2017, is:_________
Answer:
$7,560
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2017
Depreciation expense =( $116,800- $16,000 )
Depreciation expense = $100,800
Depreciation expense =$100,800 / 10 years
Depreciation expense = $10,080
Depreciation expense = 10,080 * (9/12)
Depreciation expense = $7,560
Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560
who would u vote for presedent
statefarm
trump
kanye
biden
Answer:
Statefarm
Explanation:
"And like good a neighbor, Statefarm is there."
The short-run aggregate supply curve implies that real output exceeds its long-run level when the price level is:
Answer:
greater than the expected price level
Explanation:
The short run aggregate supply curve shows graphically that the real output is more than its long run level when the price level is more than expected price level. When there is great expectation about inflation it shifts the short run Aggregate Supply curve outwards or to the right. Price level would then rise in the long run but real output would stay the same or unchanged.
When the price is greater than the expected price level a short run aggregate supply is implicated by the curve. In the short term the prices will go higher as in the longer run better tools can be employed for sales.
Sales will be much faster as compared to when the prices were lower as supply in the market is enough to meet the short term needs of the market only.
The short term aggregate supply leads to higher, faster and effortlessly easier sales. In this practice man hours available are increased and over utilized in the short term and hence the prices are increased. The more time employed by workers will compensate positively as goods will be sold at higher prices. The capital, manpower, labor, building and employers are increased as a result of increased sales.As the sources are significantly increased the quantity/units or the number of goods produced in the short term also increases ultimately and significantly.Hence, the short term aggregate supply is implies that the real output is exceeded as compared to its long term level when the prices are greater than the expected price levels in the long run.
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Anthony makes a contract to sell a rare painting to Laura for $100,000. The written contract specifies that if Anthony should fail to perform the contract, he will pay Laura $5,000. as liquidated damages. Anthony fails to deliver the paining and is sued by Laura for $5000. Can she recover this amount? Explain using IRAC: Issue, Rule, Analysis, and Conclusion.
Answer: Yes
Explanation:
Laura is able to recover this amount as it is within the domain of enforceable liquidated damages.
For a liquidated damage to be enforceable;
The liquidated damage must be reasonableThe damages as a result of the breach are difficult to ascertain.The liquidated damage amount is $5,000 and when this is compared to the total contract amount of $100,000, it is reasonable.
As the painting is rare, we cannot know the damages accruing to Laura for being unable to acquire this painting.
Both requirements have been fulfilled which means that Laura can recover the amount of $5,000.
Calculate the modified duration for a 10-year, 12 percent coupon rate, and semi-annual coupon payment bond with a yield to maturity of 10 percent and a Macaulay duration of 7.2 years.
Answer:
Missing question "If the interest rates increase by 50 basis points, What will be the percent change in price for the bond? Why? "
Modified Duration = Macaulay Duration / (1 + YTM)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 6.55
% Change in Bond Price = - Modified Duration x Change in int rates
% Change in Bond Price = - 6.55 x 0.5%
% Change in Bond Price = - 3.27%
Thus, the Interest rates and bond prices are inversely related. Hence, increase in interest rates would lead to decline in bond prices.
Disney has acquired The Muppets Studio (2004), Pixar (2006), Marvel Entertainment (2009), Lucas film (2012), and 21st Century Fox(2019). What are potential synergies in those acquisitions
Explanation:
Some of those companies had a different entertainment niche that had great revenue potential for Disney. For example, The Muppets Studio focused on video productions featuring puppet characters, which grew popular among young children. While Marvel Entertainment and Lucas Films produce video animations and films that have reached the top of the charts.
It is because of these identified benefits that the acquisition was made.
does anyone trust you in your home
Answer:
no yes maybe
Explanation:
Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. Afterward, the company pledges to maintain a constant 5.25 percent growth rate in dividends forever. If the required return on the stock is 7 percent, what is the current share price?
Answer: $245
Explanation:
If the required return on the stock is 7 percent, the current share price would be calculated as:
= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4
= $245.23
= $245 approximately
Therefore, the current share price will be $245
You have a Saturday job that pays $10 per hour and you work 10 hours when
you're there. You are thinking about buying a car that cost $1,000 dollars. How
many Saturdays do you have to work to earn the money?
OA. I will have to work 5 Saturdays to get the money
OB. I will have to work 10 Saturdays to get the money.
Answer:
B: 10 Saturdays
Explanation:
ok so 10×10=100 so $100 each Saturday now 100×10=1000 so it's B
Imari Brown arrived at the following tax information:
Tax Information
Gross salary - $ 36,145
Additional small business income - 10,000
Interest earnings - 205
Dividend income - 65
Standard deduction - 12,550
Itemized deductions - 14,250
Adjustments (subtractions) to income - 5,000
What amount would Imari report as taxable income?
Based on the tax information that Imari Brown arrived at, the amount that would be reported as taxable income is $27,165
What is the taxable income?The taxable income refers to the income that a person gets that has been adjusted for tax deductions and credits. This is the amount that is subjected to income tax.
For Imari Brown, the taxable income is:
= Gross salary + Small business income + Interest earnings + Dividend income - Adjustments (subtractions) to income - Greater of Standard or itemized deductions
Solving gives:
= 36,145 + 10,000 + 65 + 205 - 5,000 - 14,250
= $27,165
In conclusion, the amount that Imari would report as taxable income is $27,165.
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Do some research on mergers and acquisitions. What were the five largest mergers– acquisitions last year? Make a list of the partners in each. What reasons were given for the merger–acquisition? Do you think these mergers–acquisitions made strategic sense? Explain.
Answer:
Mergers and Acquisitions in 2019:
1. The five largest mergers-acquisitions in 2019:
Acquirer and Partner
a. BB&T and SunTrust
b. Schwab and TD Ameritrade
c. Raythem and UTC
d. Newmont and Goldcorp
e. Salesforce and Tableau Software
2. Reasons for the M&A:
a. BB&T and SunTrust - to cut cost
b. Schwab and TD Ameritrade - to save money
c. Raythem and UTC - to become largest defence company
d. Newmont and Goldcorp - to acquire competitive advantage
e. Salesforce and Tableau Software - to boost revenue
3. Some of the M&A transactions do not make any strategic sense. For example, now that Raythem and UTC combined want to form the largest defense company, do they add much to their stockholders returns? Some others acquired to cut cost will experience the huge costs of acquisition, which are, most times, too large to be written off in a single year.
Explanation:
Major financial transactions done at the corporate level for the purpose of consolidating the assets of two or more companies, growing market share, and eliminating competition are called Mergers and Acquisitions (M&A). Consolidation of companies may be achieved through mergers, acquisitions, assets purchase, management acquisitions, etc.
Briefly explain why the data Brainard cites indicate that the Phillips curve is relatively flat.
Answer:
C. The flatter the Phillips curve, the less the inflation rate will rise, and the inflation rate has not risen much.
Explanation:
The following information is
There is a decline in the unemployment rate from 8.2% to 4.4%
The main inflation would be undershot 2 percent for 58 months
Based on the above information
The reason behind the Phillips curve be flat is that the lower rate of inflation would increased also the rate of inflation would not increased much as it should be increased
Therefore the option C is to be selected
random question, but i’ve been getting a few of my amazon packages stolen lately, so i’ve been requesting for replacements. today i got a package stolen from my porch, but i’m nervous that amazon will ban my account since i’ve already asked for replacements 5-6 times this year. last time i asked for a replacement was about 2 ish weeks ago. i’ve read online that people have gotten banned from amazon for returning things often. i haven’t been returning anything and instead asking for replacements or sometimes just a refund, but do you guys think amazon will end up banning me if i ask for a refund?
For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 7.3 percent per year. Currently, the stock is selling for $77 per share and has a required return of 9.5 percent. What is the dividend yield
Answer: 2.2%
Explanation:
The dividend yield base on the information given in the question will be calculated as the difference between the required return on the stock and the growth rate. This will be:
= 9.5% - 7.3%
= 2.2%
Therefore, the dividend yield is 2.2%.
How do professional organzations and associations promote career preparation and offer opportunities? Write a one or two-paragraph response based on the reading. Include supporting evidence in the form of reasons, facts, or details.
Answer:
Professional organizations and associations are collegiate structures in which the members of a certain profession come together, with the aim of contributing to the better development of professional practice, a better quality of services, a greater specialization of professionals and continuous feedback between These intended to enhance your professional performance.
In this way, these organizations and associations offer courses, webinars, seminars, discussion forums and other interaction alternatives, through which these professionals can acquire new knowledge, reinforce concepts or even generate social ties that help them in their profession.
Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: January February March April Total sales $50,000 $60,000 $40,000 $30,000 What is the amount of cash that should be collected in March
Answer:
The amount of cash collected in March should be:
$51,000.
Explanation:
a) Data and Calculations:
Budgeted sales and Cash Collections:
January February March April
Total sales $50,000 $60,000 $40,000 $30,000
Collections:
35% month of sales 17,500 21,000 14,000 10,500
45% month following 22,500 27,000 18,000
20% second month 10,000
Total collections in March $51,000
b) The above calculations concentrated on the month of March, being the month of interest. Though, sales on account totals $40,000, the cash collections for the month amounts to $51,000. This arises from cash collections from the months of January and February.
Suppose Firm A wants to invest in a project that has total present value equal to $50,000. Using MM propositions with taxes, and assuming that the corporate tax rate is 40%, what would be the total value of Firm A (value of assets) if it used equity to finance the project
Answer:
hello your question is incomplete below is the missing part of the complete question
Firm A is currently 100% equity financed, and it has the following balance sheet:
Assets Debt
100,000 0 Equity
100,000
Answer : $170000
Explanation:
Value of equity/levered firm = $100000
Firm A project ( debt amount )= $50000
Tax rate = 40%
Determine the total value of firm A if it used equity to finance the project
= value of levered firm + debt amount + ( debt amount * tax )
= $100000 + $50000 + ( 50000 * 40 % )
= $170000
The total value of Firm A (value of assets) if it used equity to finance the project is $170,000.
Using this formula
Firm A Total value = Value of levered firm + Debt + ( Debt × tax rate)
Let plug in the formula
Firm A Total value = $100,000 + $50,000 + ($50,000× 40 % )
Firm A Total value =$100,000+$50,000+$20,000
Firm A Total value = $170,000
Inconclusion the total value of Firm A (value of assets) if it used equity to finance the project is $170,000.
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When comparing a good over a long time to the same good over a short period of time, the longer time period will demonstrate an elasticity of demand that is:_________
Answer:
higher
Explanation:
The elasticity of demand may be defined as the economic measure where the change in the demand of a quantity or a goods purchased is related to the change in the price of the product. It is related to the quantity demanded and its price.
When a good is compared over a long time to the same good for a short time, the elasticity of demand for the good with longer time period will be higher.
purchase day book contains what
Answer:
??????????????????/
Explanation:
Answer:
hold up what did you just say
Explanation:
Consider the following information for a period of years: Arithmetic Mean Long-term government bonds 7.1 % Long-term corporate bonds 7.2 Inflation 4.2 a. What is the real return on long-term government bonds
Answer:
A. 2.79%
B. 2.88%
Explanation:
A. Calculation for What is the real return on long-term government bonds
Real Return of Long-term government bonds = (1.071/1.042) - 1
Real Return of Long-term government bonds = 1.0279-1
Real Return of Long-term government bonds = =2.79%
B. Calculation Real Return of Long-term corporate bonds
Real Return of Long-term corporate bonds
= (1.072/1.042) - 1
Real Return of Long-term corporate bonds=1.0288-1
Real Return of Long-term corporate bonds = 2.88%
Shirley adds $2,000 to her savings on the last day of each year. Shawn adds $2,000 to his savings on the first day of each year. They both earn an 8% rate of return. What is the difference in their savings account balances at the end of 35 years
Explanation:
Shirley:-
Savings account balance after 35 years of CHRISTIE = 2000×(1.08)^35
= $31570.688
Shawn:-
Savings account balance after 25 years of Shawn = 2000 + 2000×(1.08)^34
= 2000 + 27380.2672
=$29380.2672
the difference in their savings account balances at the end of 35 years = $31570.6885 - $29380.2672
= $2190.4212
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units that cost $5.20 per unit to manufacture. The units can be a) sold as is for $2.80 each, or b) reworked for $4.80 each and then sold for the full price of $8.00 each.
Answer:
If the company reworks the units, income will increase by $6,400 (compare to sell them as-is).
Explanation:
Giving the following information:
The company has 16,000 defective units.
We will not take into account the original cost of the units. It is irrelevant to the decision making. It will remain constant in both options.
Option A:
Effect on income= 16,000*2.8= $44,800
Option B:
Effect on income= 16,000*(8 - 4.8)
Effect on income= $51,200
If the company reworks the units, income will increase by $6,400 (compare to sell them as-is).