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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On January 1, 2020, Solugenix issued $400,000 of 7.125 percent Senior Notes due January 1, 2030, at par value. Interest on the notes is payable semiannually. At December 31, 2021, the bonds traded at 105. If the company were to repurchase the remaining notes on December 31, Year 2021, what would be the gain or loss on the repurchase
Answer:
$20,000 loss
Explanation:
Repurchase of bond = Repurchase price - Carrying value
Repurchase of bond = ($400,000*105%) - $400,000
Repurchase of bond = $420,000 - $400,000
Repurchase of bond = $20,000 loss
Thus, the loss on the repurchase of the bond is $20,000
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.
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.
Journalize the following transactions for Combs Company.
(a) Purchased 6,000 units of raw materials on account for $11,500. The standard cost was $12,000.
(b) Issued 5,600 units of raw materials for production. The standard units were 5,800.
Answer: See explanation
Explanation:
a. Debit: Raw material $12000
Credit: Account payable $11500
Credit: Material price variance $500
(To record material purchase)
b. Debit: Work in process 11600
Credit: Raw material 11200
Credit: Material price variance 400
(To record material issued)
Note:
Material price variance for (a)= 12000 - 11500 = 500
Work in progress = 5800 × 2 = 11600
Material price variance for (b) = 11600 - 11200 = 400
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.
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
does anyone trust you in your home
Answer:
no yes maybe
Explanation:
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.
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:
You work for a company where the HR director has been involved in unethical activities. You know that others are also aware of the situation; however, no one is willing to report the director's behavior to upper management. You do not want to be the whistleblower3; however, you realize that guilt and loss of self-respect can result when you do or do not do things that conflict with what you believe. Discuss this situation with two or three classmates. Identify pros and cons of becoming a whistleblower.
Answer:
Personal Pros & Cons
Explanation:
To become a whistleblower in this situation, you might want to stay anonymous when reporting the situation. By staying anonymous you can report this situation without being worried that this HR director will know. But, if you don't want to become the whistleblower someone else might report them and you'll be out scot-free. But in the chance, someone doesn't, then you might feel guilty for not reporting this issue.
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%
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.
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
Suppose a stock can be purchased for $8, a put option on the stock can be purchased for $1.50, and a call option on the stock can be written (i.e., sold) for $.75. If holding these positions in combination can guarantee a payoff of $10 at the end of one year, then what must be the risk-free rate if no arbitrage opportunities exist?
Answer:
14.29%
Explanation:
We have Stock purchase price to be $8
We have the Put option purchase price to be $1.50
The Call option selling price is $0.75
From here we calculate the Total cash outflow as
8 + 1.5 - 0.75 = $8.75
The Total cash inflow after one year is put as $10
Therefore we have the risk free rate to be (10-8.75)/8.75 = 0.1429 = 14.29%
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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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.
Proxemics. What is the distance a speaker should have with the audience in a professional setting?
According to the rule of Proxemics, the distance a speaker should have with the audience in a professional setting is between 1 and 4 feet. According to the rule of Proxemics, this distance is the best for creating rapport and enhancing relationships.
What is Proxemics?
The study of human use of space and the consequences of population density on behavior, communication, and social interaction is known as proxemics.
Proxemics is one of numerous subcategories of nonverbal communication research, which also includes haptics, kinesics, singers, and chronemics.
What are the four kinds of proxemics?In the early 1960s, anthropologist Edward Hall invented the term and defined four primary proxemic zones:
the private space, the personal space, the social space, and the public space.Learn more about Proxemics:
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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
What happens to our peace and prosperity when we limit trade?
When we limit trade, our peace and prosperity will suffer and decrease.
What happens when trade is limited?Trade is very important for the growth, peace, and prosperity of an economy. This is because imports give a nation more options for goods and services.
Exports then given a nation more income and better foreign exchange. This is why peace and prosperity increases when we engage in trade. Limiting trade would therefore have a negative effect on peace and prosperity.
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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
THIS IS FOR CULINARY
A contingency plan for labor may include (choose one answer)
A. taxes
B. insurance
C. cross trained employees
D. layoffs
Answer:
D. layoffs
Explanation:
A contingency plan is an alternative plan of action in case of unexpected outcomes. It is devised and kept in place to be implemented in bad times. A contingency plan is a sort of a risk mitigation plan to help the business navigate through a bad situation efficiently.
A contingency plan for labor include measures that can help a business overcome tough seasons. The business may need to layoff some employees to save on labor in times of economic downtime
Using a Keynesian model of an economy without a government and a foreign sector, illustrate using a well labelled diagram the impact of an increase in investment spending on the equilibrium level of income. (Hint: draw a well labelled diagram only).
Keynesians contend that because prices are somewhat rigid, changes in any aspect of spending, whether government, investment, or consumer spending, affect output. For instance, output will rise if government expenditure rises while all other spending factors stay the same.
In other words, at every income level, investing is more desired. Equilibrium income consequently increases from Y0 to Y1. As a result, while increasing planned investment spending increases equilibrium national income, decreasing planned investment expenditure decreases it.
Keynes understood that a potent tool for influencing aggregate demand was the government budget. Along with increased or decreased government spending having an impact on aggregate demand, tax rates could also have an impact on consumption and investment spending.
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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.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.
_____ refers to the idea that all organizational members are capable of leading themselves at least to some extent. a. Leadership commitment b. Organizational capability c. Internal commitment d. Self-leadership
Answer:
Option d (Self-leadership) seems to be the appropriate response.
Explanation:
Self-leadership seems to be a process through recognizing whoever you are, defining certain ideal perceptions, as well as consciously leading yourself towards yourself. It, therefore, tells people who you are, but whether you're a certain kind of individual individuals would like to emulate.Other possibilities aren't connected to the circumstance in question. So that is indeed the right choice.
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.
Corporation's net cash provided by operating activities was $115; its net income was $95; its capital expenditures were $65; and its cash dividends were $17. The company's free cash flow was:__________.
A. $292
B. $13
C. $33
D. $31
Answer:
C. $33
Explanation:
Free cash flow is calculated as;
= Net cash provided by operating activities - Cash used for capital expenditure - Cash dividend
Given that;
Net cash provided by operating activities = $115
Cash used for capital expenditures = $65
Cash dividend = $17
The company's free operating cash flow;
= $115 - $65 - $17
= $33
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?