The source of evidence that should least affect audit conclusions is a correct Inquiry of management is a form of internal evidence, which is the least reliable form of evidence.
What is an audit conclusions?Basically, an audit refers to an examination of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions.
As an Audit conclusions means the overall outcome of an audit program provided by the audit leader or the audit team after a thorough evaluation of audit results, the source of evidence that should least affect audit conclusions is a correct Inquiry of management is a form of internal evidence, which is the least reliable form of evidence.
Missing data a. External documentary evidence. b. Inquiry of management. c. Documentation prepared by the audit team. d. Inquiry of entity legal counsel."
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which convention calls for contracting parties to criminalize bribery of public officials and money laundering?
In order to make bribery of foreign public officials in international business transactions illegal, the OECD Anti-Bribery Convention established legally obligatory criteria and calls for a number of complementary steps.
What is Money Laundering?
Money laundering is the illicit practise of disguising huge sums of cash obtained through criminal activity, such as the financing of terrorism or drug trafficking, as coming from a legitimate source. The technique "launders" the money, which is thought to be dirty as a result of the illicit action, to make it appear clean. Both white-collar and low-level criminals use money laundering, a serious financial crime. Anti-money-laundering (AML) rules are in place at the majority of financial institutions today to identify and stop this behaviour.
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on december 1, jasmin ernst organized ernst consulting. on december 3, the owner contributed $85,160 in assets to launch the business. on december 31, the company’s records show the following items and amounts.
If on December 1, Jasmin Ernst organized Ernst consulting and on December 3, the owner contributed $85,160 in assets to launch the business. ERNST CONSULTING Income Statement For Month Ended December 31 is: $3,400.
What is income statement?Income statement is a statement that help to show a company revenue and expenditure at a particular period of time in which when the revenue is higher than the expenses it means the company has a net income and when the expenses is higher than the revenue it means that the company has a net loss.
ERNST CONSULTING Income Statement For Month Ended December 31
Revenues:
Consulting revenue $17,950
Expenses:
Rent expense $4,720
Salaries expense $8,220
Telephone expense $900
Miscellaneous expenses $710
Total expenses $14,550
Net income $3,400
($17,950-$14,550)
Therefore if on December 1, Jasmin Ernst organized Ernst consulting and on December 3, the owner contributed $85,160 in assets to launch the business. ERNST CONSULTING Income Statement For Month Ended December 31 is: $3,400.
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The complete question is
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,160 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following items and amounts. Cash $ 7,520 Cash dividends $ 3,190 Accounts receivable 17,950 Consulting revenue 17,950 Office supplies 4,310 Rent expense 4,720 Office equipment 19,190 Salaries expense 8,220 Land 46,000 Telephone expense 900 Accounts payable 9,600 Miscellaneous expenses Common stock 85,160 710 Using the above information prepare a December income statement for the business.
sam and sarah are thinking about getting married. however if either of them cheats on the other, they would get a payoff of 10, while the other person gets zero. if neither cheat, they stay with each other and get a payoff of 7 each and if both cheat, the relationship falls apart and each get a payoff of 1. is this outcome efficient?
Sam and Sarah are debating getting hitched. However, if either of them cheating the other, they each receive a payout of 10, while the other receives nothing. If neither cheats, they remain together and receive payouts of seven dollars each, whereas if both do so, the relationship ends and each partner receives a payout of one dollar. A self-interested motive can occasionally result in less than ideal results.
They will both be cheating since doing so will result in a better self-interested outcome than doing so will result in staying in the relationship, even though the compensation will be lower.
Cheating has long been a contentious issue. There's a good chance you've encountered it in some way, whether it was through a friend or personal experience. No of your ethnicity or geographic origin, cheating is a fact of life.
The intriguing thing is that it's not always obvious when cheating crosses the line into innocent enjoyment. Cheating is viewed differently by men, women, and individuals from various self-interested backgrounds. Everyone has the right to their own beliefs, of course, but it's crucial to ensure that you and your long-term partner have the same understanding of what that entails.
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When decision makers do not know all the risks associated with each alternative or the likely consequences of each one, they are making decisions in a condition of _____.
Making judgments in a state of uncertainty occurs when decision makers are unaware of all the risks connected to each alternative or the expected effects of each one.
What is Decision making?
Making decisions is a necessary component of modern management. The primary duty of management is often seen as making defensible decisions. Every manager makes a tonne of decisions—many of them unconsciously—and these decisions are essential to performing their duties as a manager.Because they affect organisational and managerial activities, decisions are important.A decision is a choice of action made with the intention of achieving organisational or managerial objectives or goals.Managing any organisation or commercial operations requires making decisions on a regular basis. The organization's operations and all business activity are decided upon.To know more about Decision making visit:
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pat's total utility after eating 100 reese's peanut butter cups was less than his total utility after eating his ninety- ninth. therefore, pat's marginal utility for the 100th peanut butter cup was
Pat's total utility after eating 100 Reese's peanut butter cups was less than his total utility after eating his ninety-ninth. therefore, Pat's marginal utility for the 100th peanut butter cup was "Negative".
What is marginal utility?The advantage or pleasure obtained from using a good is referred to as utility in economics. A product or service's MU quantifies how satisfied or how much more users enjoy using it after using it for more or fewer than one unit. The marginal utility comes in three different forms. They are either marginally useful in a positive, negative, or zero way
The first unit of consumption of a certain good or service provides higher utility than the second and subsequent units, with a continuous decline for increasing amounts, according to the law of declining marginal utility that economics postulates in the context of cardinal utility. The term used to indicate the decline in marginal utility as consumption increases is "declining marginal utility." The quantity of a good or service that a customer is willing to pay for can be calculated by economists using this concept.
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The productivity of camera/drone pats is affected by a variety of factors that include.
How camera/drone PAT members' total compensation packages—excluding overtime pay—compare to the typical compensation levels throughout the entire company. How much an organization spends annually per camera/drone PAT on training and productivity-boosting assembly techniques.
the quantity of assembly quality incentives paid to camera/drone PATs, how well the total compensation package of the company (excluding overtime pay) compares to the camera/drone all-company averages, and variations in the number of camera/drone models that need to be put together.
What is compensation?The term "compensation" refers to the payment made to an employee in exchange for their labor. The amount of remuneration is determined by a number of variables, such as salaries paid by comparable organizations for comparable tasks, the employee's skill set and productivity, and the firm's current and future financial standing.
A more specific word, executive compensation, describes monetary rewards given to senior executives, most frequently the CEO. At this level, bonuses and a variety of other possibilities are frequently included in the compensation. Compared to the salary of the typical employee, executive pay has increased during the last ten years.
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the study of how individual businesses, families, and shoppers make decisions to distribute their limited resources in the exchange of products and services is known as .
The study of how individual businesses, families, and shoppers make decisions to distribute their limited resources in the exchange of products and services is known as Microeconomics.
What are Resources?These refers to the materials which are present in or environment which adds value to individuals. It is also used in making profits based in different sectors in which they are used.
The ways in which families and small scale businesses decide on how these resources should be distributed so as to attain a higher yield is referred to as microeconomics which is why it was chosen as the most appropriate choice.
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a t-bill with face value $10,000 and 95 days to maturity is selling at a bank discount ask yield of 4.2%. required: a. what is the price of the bill?
In a situation where a t-bill with face value $10,000 and 95 days to maturity is selling at a bank discount ask yield of 4.2%, then the price of the bill will be $9,889.17.
What is the significance of bank discount?A bank discount can be referred to or considered as the service offered by a bank to grant the amount of a T-bill to the customer, and hold the right to collect the actual amount of T-bill upon its maturity.
From the given information and formula, it can be ascertained that
Bank Discount = Rate x (Days / 365)
Bank Discount = 0.0420 × (95/365) = 0.011
Solving further, the price of the T-bill according to its face value will be,
Price = Face value x (1 – bank discount)
Price = 10000 x (1 – 0.011)
Price = $9,889.
Therefore, the significance regarding the bank discount has been aforementioned.
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Oil companies can refine a barrel of petroleum so that it yields either more home heating oil or more gasoline. if the price of gasoline falls, there is?
Oil companies can purify a barrel of petroleum so that it yields either more home heating oil or better gasoline. If the price of gasoline falls, there is An expansion in the supply of home heating oil.
Which of the following increases the store of a good and shifts its supply curve rightward?Price differences in the same order as the change in supply. Quantity changes in the opposing direction to the change in supply. An upsurge in demand moves the demand curve rightward and an expansion in supply shifts the supply turn rightward.
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lending discrimination occurs when lenders base credit decisions on factors related to the applicant’s creditworthiness.
When loan choices are made by lenders based on criteria other than an applicant's creditworthiness, discrimination in lending occurs. Redlining is the practise of refusing financial services to people in particular communities on the basis of their race or ethnicity.
This is a True StatemementLending discrimination happens when a lender rejects a mortgage application based on a borrower's age, nationality, race, gender, sex, religion, familial situation, or use of public assistance.Lending Discrimination Examples
Giving mortgage applicants a different level of customer care based on their race, colour, religion, sex (including gender identity and , familial situation, country origin, or handicapTo Learn more about Lending discrimination click the links
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this year, margaret placed into service $1,350,000 of property that qualifies for the section 179 deduction. what is the maximum section 179 deduction margaret may claim in 2022? $1,000,000 $1,080,000 $2,500,000 $2,700,000
$1,00,000 is below the limit that was stated, while options 3 and 4 are over the limit that was set. Option A
This is further explained below.
What is the maximum section 179 deduction Margaret may claim in 2022?Generally, A deduction under Section 179 may be requested with regard to an eligible asset that is going to be used for the purposes of a company.
During the course of the fiscal year, a deduction of up to $1,050,000 may be requested.
In the year 2021, Margaret will be able to claim a deduction of up to a total of $1,050,000. Therefore, Option 2 is the one to choose.
Due to the fact that the maximum deduction is up to 1,050,000 the other choices are erroneous.
In conclusion, Option 1 is below the limit that was stated, while options 3 and 4 are over the limit that was set.
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The risk that your investment will lose value because your return is dependant on the stability of a secondary investment is known as __________.
Asset-backed risk refers to the possibility that your investment will decline in value since your return depends on the durability of a secondary investment.
What is Asset-backed security?
A financial investment known as an asset-backed security (ABS) is one that is secured by a pool of underlying assets, typically those that produce a cash flow from debt such loans, leases, credit card balances, or receivables.Financial instruments backed by income-producing assets including credit card receivables, home equity loans, student loans, and auto loans are known as asset-backed securities (ABSs).When a business sells its loans or other debts to an issuer, a financial institution that will then bundle them into a portfolio and sell them to investors, ABSs are established.Securitization is the process of pooling assets into an ABS.Because they pay a consistent stream of interest, like bonds, ABSs appeal to income-focused investors.Collateral debt obligations and mortgage-backed securities are examples of ABS.To know more about Investment visit:
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In an attempt to promote renewable energy, the president and congress approve an annual rebate to those who install solar panels on their roofs. What type of economic policy would this represent?.
This type of economic policy would represent is neither fiscal nor monetary policy.
A course of action designed to affect or regulate the economy's behavior is known as an economic policy. The government typically implements and oversees economic policies. The systems for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments. The federal government works to achieve three policy objectives in order to maintain a robust economy: stable prices, full employment, and economic growth. The federal government has additional objectives to maintain the sound economic policy in addition to these three policy goals.
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daria is a human resource executive, supporting organizational strategy. executives in her industry are concluding that a certain hr-related law no longer seems relevant in the internet age. to which government branch would it be most effective to turn for addressing the need for a change in the legal environment?
The legislative branch is the branch that would be most effective to turn for addressing the need for a change in the legal environment.
What is the legislative branch of government?This is the term that is used to refer to the law making branch of the federal government. The legislative branch is made up of the congress men and the congress women that are able to make changes to the constitution of the nation and are able to bring in new laws to the nation
Hence we can say that the legislative branch is the branch that would be most effective to turn for addressing the need for a change in the legal environment.
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The level-5 leadership pyramid is a conceptual framework that shows ______. multiple choice question. why companies generate profits how leaders develop why companies fail why employees quit
The level-5 leadership pyramid is a conceptual framework that shows how leaders develop.
Leadership, each as a research area and as a practical ability, encompasses the capability of a man or woman, organization or organization to "lead", impact or guide other people, groups, or complete businesses. The phrase "management" regularly receives regarded as a contested term.
“The motion of main a collection of humans or an agency.” this is how the Oxford Dictionary defines management. In simple phrases, leadership is ready to take risks and challenge the reputation quo. Leaders motivate others to achieve something new and higher.
The definition of management is the location of guiding a group, or the potential to guide. management can exist in both formal and casual organizations. for instance. Formal placing (along with within a big company) - The chief of the organization is generally someone who has been appointed to a excessive role of authority.
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A+municipal+bond+carries+a+coupon+rate+of+2.5%+and+is+trading+at+par.+what+would+be+the+equivalent+taxable+yield+of+this+bond+to+a+taxpayer+in+a+35%+tax+bracket?
A municipal bond has a coupon rate of 6 3/4% and is currently trading at par. This bond's comparable taxable yield to a taxpayer in the 35% tax bracket is .1038
Equivalent taxable yield = rate on municipal bond/ 1 - tax rate
= .0675/1-0.35
= .1038
Taxpayer:
A taxpayer is a person or entity (such as a business) who is required to pay a tax. Modern taxpayers may have an identification number, which is a reference number issued by the government to individuals or businesses. The phrase "taxpayer" often refers to someone who pays taxes. A taxpayer is an individual or company who is required to pay municipal or government taxes agencies.
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increasing competition, aggressive brand advertising, and healthy profits are all characteristics found in the introductory stage of the product life cycle.
increasing competition, aggressive brand advertising, and healthy profits are all characteristics found in the introductory stage of the product life cycle. The above statement is Incorrect that means it's false.
Increasing competition:
Government regulations have made it possible for businesses to coexist alongside enterprises from the public and private sectors, and because these businesses compete fairly, there is now more competition. For industries, government policies that permit foreign investment and make it easier to reach both domestic and international markets have also encouraged industries to grow. Pricing competition as a result has raised productivity and profitability across all industries.
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exercise 9-11a record bonds issued at a discount and related semiannual interest (lo9-5) skip to question [the following information applies to the questions displayed below.] on january 1, 2021, white water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on june 30 and december 31 each year. assuming the market interest rate on the issue date is 8%, the bonds will issue at $559,229. exercise 9-11a part 2 2. record the bond issue on january 1, 2021, and the first two semiannual interest payments on june 30, 2021, and december 31, 2021.
Bond issuance:
Dr Cash $559,229
Dr DIscount on bonds payable($600,000-$559,229)$40,771
Cr Bonds payable $600,000
30 June 2021:
Dr Interest expense $22,369.16
Cr Discount on bonds payable($22,369.16-$21,000.00) $1,369.16
Cr Cash $21,000.00
31 December 2021:
Dr Interest expense $22,423.93
Cr Discount on bonds payable($22,423.93 -$21,000.00) $1,423.93
Cr Cash $21,000.00
What the bonds issued at premium or at discount?The fact that the total cash realized from bond issuance,$559,229, is less than the face value of $600,000 means that the bonds were issued at a discount.
discount on bonds payable=$600,000-$559,229
discount on bonds payable=$40,771
semiannual coupon payment=$600,000*7%*6/12
semiannual coupon payment=$21,000
June 30, 2021 interest=$559,229*8%*6/12=$22,369.16
ne 30 2021 balance on bonds payable=$559,229+$22,369.16-$21,000.00=$560,598.16
interest on 31 December 2021=$560,598.16*8%*6/12=$22,423.93
Balance of bond payable on 31 December 2021=$560,598.16+$22,423.93-$21,000.00
Balance of bonds payable 31 December=$562,022.09
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After identifying specific employment opportunities in the career planning and advancement process, a person should?
The creation of an action plan is the last phase in the career planning process. The action plan is intended to assist you in achieving your objectives. It functions as a kind of road map that guides you from making a career decision to landing your first job to attaining your long-term professional objectives.
The initial step in the career planning process is self-evaluation.
matching your abilities, etc., to jobs or careers that already exist. matching your financial needs and career ambitions. coordinating your educational requirements with your job ambitions. making wise choices for oneself. figuring out how to balance your financial and educational demands around your schedule.
A person's advancement within a single or a group of vocations is referred to as their career. A career, however, is more than just a job, a line of activity, or an occupation. It also encompasses how far you've come in life, as well as how much you've grown and developed in your professional and recreational pursuits.
Many of us believe that there is only one type of work that is best for us, but there are actually a number of options that might be suitable. The key is to figure out the professions in which you have a great chance of happiness and success. There are general skills that are necessary for all careers as a college student, whether your career ambitions are in accountancy, theatre arts, or environmental sciences.
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What can happen if one partner develops an incapacity that makes it impossible for that partner to perform the services contemplated by the partnership agreement?
An accomplice can call for partnership dissolution, and the regulation will permit the dissolution only beneath these conditions: an associate's incapacity to paint; breach of the settlement by a companion; whilst a partner is mentally risky; and the misbehavior of a partner that impacts the partnership when one partner desires to leave the
Partnership, the partnership typically dissolves. Dissolution approach the companions should fulfill any ultimate commercial enterprise responsibilities, repay all debts, and divide any assets and income amongst themselves. Your partners won't need to dissolve the partnership due to your departure.
The companion should provide the awareness in writing and the partnership will dissolve from the date precise on the awareness. If no date is noted, the dissolution will take the region from the date of verbal exchange of the awareness. moreover, in a few cases, the courtroom may additionally give an order to dissolve a partnership as well.
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As described in your text, how did marketers at disney utilize technology to provide a more hassle-free experience at their theme parks?
By introducing wristbands with a radio-frequency identification device the bmarketers at disney utilize technology to provide a more hassle-free experience at their theme parks.
Technology is the application of scientific knowledge to the practical objectives of human life or, as it's miles sometimes phrased, to the alternate and manipulation of the human surroundings. Technology impacts almost each factor of twenty first century lifestyles, from delivery efficiency and protection to get admission to to food and healthcare, socialization and productivity. The power of the net has enabled worldwide groups to shape, and thoughts and resources to be shared more easily.The definition of technology is the utility of scientific know-how for practical purposes or applications. technology makes use of scientific principles, and applies them to change the surroundings in which human beings stay. era can also use scientific ideas to advance industry or different human buildings. generation is the manner we observe scientific knowledge for sensible purposes. It consists of machines (like computer systems) but additionally techniques and strategies (just like the manner we produce laptop chips). It might seem like all technology is best digital, however it's just maximum present day era.
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the term structure of interest rates is upward sloping for all bond types. a certain aaa-rated, noncallable 10-year corporate bond has been issued at a 6.15 percent promised yield. which one of the following bonds probably has a higher promised yield?
The term structure of interest rates is upward sloping for all bond types. A certain AAA-rated, noncallable 10-year corporate bond has been issued at a 6.15 percent promised yield.
A capable AAA rated corporate bond with a 15 year maturity has a higher promised yield.
What is meant by AAA rated corporate bond?
It is the highest possible rating that can be assigned to an issuer's bonds by any major credit rating agencies. AAA-rated bonds have a high degree of creditworthiness because their issuers are easily able to meet financial commitments and have the lowest risk of default. Issuers of AAA-rated bonds generally have no trouble finding investors, although the yield offered on these bonds is lower than other tiers because of the high credit rating.To learn more about AAA rated corporate bonds, refer to:
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A capable AAA-rated corporate bond with a 15-year maturity has a higher promised yield.
What is an AAA-rated corporate bond?Investment-grade debt with a high level of creditworthiness and the best ability to repay investors receives AAA ratings. S&P has assigned the rating of AA+, which is comparable to Moody's Aa1 rating. It carries a very low credit risk and demonstrates the issuer's good repayment ability. Any of the major credit rating agencies may give an issuer's bonds the highest rating, or AAA, in this case. Due to their issuers' ease of meeting financial obligations and minimal risk of default, AAA-rated bonds have a high level of creditworthiness.Bonds rated triple-A are the safest and least risky (AAA).A capable AAA-rated corporate bond with a 15-year maturity has a higher promised yield.To learn more about AAA-rated corporate bonds, refer to:
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In an environment of rapid deflation, which inventory method would report the lowest net income? a lifo b fifo c average cost d fish
In an environment of rapid deflation, LIFO inventory method would report the highest net income.
What is LIFO Method?
"Last-In, First-Out" is an abbreviation for LIFO. It is a technique used in the computation of cost of goods sold to support cost flow assumptions. The LIFO approach is based on the assumption that the most recent items added to a company's inventory have already been sold. These current products' purchase prices are the ones that were used in the calculation. When the expenses of making a product or acquiring inventory have been rising, the COGS (Cost of Goods Sold) computation uses the LIFO approach. Inflation may be to reason.
Because it may provide a tax advantage to corporations whose costs of purchasing or producing goods are rising, the LIFO method is attractive to American companies.
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your choice in parts a and b should be the same in both scenarios. but some people may ignore costs and focus on the percentage saved because change how people view the decision.
The answers to the above scenarios are given as follows;
You should make the trip to the other branch ifa) your cost of making the trip is less than $5;
You should make the trip to the other branch if:b) your cost of making the trip is less than $5.
Your choice in parts a and b should be the same in both scenarios. but some people may ignore costs and focus on the percentage saved because framing costs can how people view the decision.
Costs are the monetary worth of expenditures for supplies, services, labor, goods, equipment, and other commodities acquired for use by a business or other accounting organization.
It is the amount designated on invoices as the price and reflected in bookkeeping records as an expenditure or asset cost basis.
In this case, cost is examined as the key driver for consumption decisions.
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Full Question:
Use the cost-benefit principle to evaluate the following:
1) You are about to buy a calculator for $10, and the sales-person tells you that the model you want to buy is on sale for $5 at the store's other branch, which is a 20 minute drive away.
You should make the trip to the other branch if?
a) your cost of making the trip is less than $5
b) your cost if making the trip is more than $5
2)You are about to buy a laptop for $1,000 and the sales-person tells you that the model you want to buy is on sale for $995 at the store's other branch, which is a 20 minute drive away.
You should make the trip to the other branch if:
a) your cost of making the trip is more than $5
b) your cost of making the trip is less than $5
3) Your choice in parts a and b should be the same in both scenarios. but some people may ignore costs and focus on the percentage saved because ______change how people view the decision.
the market for gasoline is in equilibrium. you have heard that the price of crude oil is falling because of new oil discoveries. you are also aware that the number of car and truck drivers is steadily rising. knowing this, you predict that the price of gasoline will and the quantity of gasoline bought and sold will . a rise if the demand decrease is larger than the supply decrease; fall b rise if the demand increase is larger than the supply increase; fall c rise; rise if the demand increase is larger than the supply increase d rise; rise e fall if the supply increase is larger than the demand increase; rise
The correct option is B). rise if the demand increase is larger than the supply increase; fall. The reason is that the Price of Gasoline will RIse or Fall and the Quantity of Gasoline will Rise.
What does the term demand mean?Demand refers to the quantity of consumers who are willing and able to buy the products at different and various prices during a given period of time.
Demand is an economic concept that refers to the amount of products or services that consumers wish to purchase at any given price level.
Basically, demand of a product get affected by various factors such as price, consumer income, consumer confidence, and changes in taste and fashion etc.
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malholtra inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$975 $300 $320 $340 $360 a. 11.98% b. 9.16% c. 13.04% d. 14.10% e. 11.75%
E. Malholtra Inc. is considering a project that has the following cash flow and WACC data. WACC: 10.00% Year 0 1 2 3 4 Cash flows -$975 $300 $320 $340 $360. With the given data the project's MIRR will be 11.75%.
More about MIRR:
The modified internal rate of return, also known as MIRR, is a financial metric that can be used to evaluate various assets and decide whether an investment is attractive for a project. The internal rate of return (IRR) formula has been updated to produce the modified internal rate of return (MIER), which addresses some of the problems with that financial indicator.
A financial calculation called the modified internal rate of return, or MIRR, is used to calculate a project's return and compare it to other potential initiatives.
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Cenikor+family+is+planning+to+purchase+a+new+home+three+years+from+now+that+they+are+20+$400,000+now+how+much+will+be+available+three+years+from+now+the+fun+grows+at+a+compound+rate+of+12%+per+year?
Amount available three years from now the fun grows at a compound interest of 12% per year is $337182.72.
Compound interest is adding interest to the principal of a loan or deposit, i.e. principal plus interest. Compound interest is interest earned on interest. Compound interest results in significant growth of your investment over time. Therefore, if you have a longer investment period, say 5 years, you can accumulate more wealth with a smaller initial investment.
Compound interest is in contrast to simple interest. With simple interest, there is no compound interest because previously accrued interest is not added to the principal for the current period. APR is the amount of interest per period multiplied by the number of periods per year.
The time to purchase a new home is = 3 years
The rate of compound interest is = 12%
Amount available after 3 years from now = P (1 + r)n
= $240000 x (1 + 0.12)3
= $337182.72
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________ is the buying or selling of stocks by insiders who possess material that is still not public.
Inside trading is the buying or selling of stocks by insiders who possess material that is still not public.
What is Inside trading ?Insider trading is described as the trading of stock in a publicly listed firm by a person who, for whatever reason, has access to substantial, non-public information about that stock. Depending on when the deal is made, insider trading may be prohibited or legal.
When the relevant knowledge is still a secret, insider trading is prohibited and is subject to harsh penalties.
Insider trading is the act of buying or selling shares in a publicly traded company by a person who has substantial, non-public knowledge about that stock.
Any nonpublic information that is substantial and that might materially affect an investor's decision to acquire or sell an asset is considered material nonpublic information.
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How does an increase in the price level affect the quantity of real gdp supplied in the long run? part 2
In the long run, changes in the price level have no impact on GDP, but an increase in the price level increases the amount provided to real GDP.
In the long run, shifts in price levels have little impact on the aggregate supply curve. This is so that the amount delivered does not, over time, depend on variations in the price level. When the money pay rate remains constant but the price level rises, the real wage rate declines and employment grows. The amount of real GDP that is supplied rises. When the money wage rate remains unchanged and the price level declines the real wage rate increases and employment declines. The amount of real GDP that is supplied falls. Real GDP and the price level will ultimately revert to their previous values notwithstanding an initial period of lower prices and greater real GDP. Inflation is the term used to describe when prices increase. Deflation is the term for when prices decrease. The relationship between pricing and customer purchasing power is also present. In general, the buying power of money decreases as price levels rise.
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the responsibility for setting a company's mission, objectives, broad strategies, and policies primarily lies with its .
The responsibility for setting a company's mission, objectives, broad strategies, and policies primarily lies with its top management.
Etymologically, the notion of management is the art of organizing and implementing. Management can also be defined as the process of managing or managing something.
So in general, management is the process of organizing or managing something that is done by an individual or group of people. This management process includes in compiling, organizing, implementing, and controlling or supervising events.
In the context of the organization, the notion of management is a process to regulate something that is done by a group of people or organizations to achieve the goals of the organization by working together to utilize the resources they have.
Management can also be an effort to plan, coordinate, organize and control resources to achieve goals effectively and efficiently.
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