Jane and Smith are considering the purchase of a home in downtown Minneapolis. They approached Larson’s Mortgagers Inc. to arrange for the financing needed for their home. This process of arranging with a mortgage lender in advance of buying a home is called _____.
The answer is prequalification. This is a process or arranging with a mortgage lender in means of buying a home. It is an initial step and an essential step of having to manage and organize the financial needs that you need in order to buy a home.
Molly is getting ready to file her tax return. She works and has a savings account. What tax forms does she need?
1099 form
W-2 form, a withholding allowance worksheet, and a Social Security form
W-2 form from her employer, tax forms from the bank, and a tax return form
W-4 form
Answer: C. W-2 form from her employer, tax forms from the bank and a tax return form
Explanation:
Which of the following types of skills will help you keep appointments and show up on time? A. Math skills B. Organizational skills C. Networking skills D. Speaking skills
Answer:
THe answer is B. Organizational skills
What is a reason that owning a sole proprietorship business can be risky?
A. You cannot hire employees.
B. You have limited decision-making capabilities.
C. You cannot keep your profit.
D. There are limited financial resources.
Answer:
D. there are limited financial resources
Your friend currently works as an accountant in a public accounting firm in a small town called stillwater in minnesota. he is offered a job in new york city with a salary of $95,000. your friend calls you and tells you that he is excited about the new job offer, which gives him a raise from his current salary of $50,000. based on your knowledge of economics, you think that your friend has
Your friend has received a 90% raise with the new job offer.
Explanation:Based on my knowledge of economics, I think your friend has received a significant raise with the new job offer. Here's why:
The current salary of $50,000 and the new salary of $95,000 show a difference of $45,000. This means your friend is getting a raise of $45,000.
The percentage increase in salary can be calculated using the formula: (Increase in salary/original salary) * 100%. In this case, that would be ($45,000/$50,000) × 100% = 90%. Therefore, your friend has received a 90% raise.
A replacement analysis is most objectively conducted from the viewpoint of:
Jack and jill have just had their first child. if college is expected to cost $180 comma 000180,000 per year in 1818 years, how much should the couple begin depositing annually at the end of each year to accumulate enough funds to pay the first year's tuition at the beginning of the 19th year? assume that they can earn an annual rate of return of 66% on their investment.
Final answer:
Jack and Jill need to calculate their annual deposits to fund their child's college tuition using the future value of an annuity formula, adjusted for a realistic annual rate of return. However, the provided interest rate seems to be a typo.
Explanation:
The question relates to the calculation of annual deposits needed to accumulate enough funds to pay for one year of college tuition in the future, assuming a certain rate of return. To find the amount Jack and Jill must deposit annually, we use the formula for the future value of an annuity:
Future Value = PMT * [tex](((1 + r)^n - 1) / r)[/tex], where PMT is the annual payment, r is the annual interest rate, and n is the number of years.Given that college is expected to cost $180,000 in 18 years, with an annual rate of return of 6%, we can rearrange the formula to solve for PMT (annual deposit). However, without running the exact calculation (as the question contains a typo indicating an unrealistic interest rate of 66%), it's crucial to note that a more reasonable rate would significantly affect the annual amount needed to reach the future value of $180,000. Financial planning for education requires careful consideration of expected returns and inflation rates to ensure enough funds are available when needed.
"at a certain driver's license testing station only 40% of all new drivers pass the behind-the-wheel test the first time they take it. a sample of 50 new drivers from a certain high school found that 36% of them had passed the test the first time. which of these numbers is a statistic?"
Robert called a cleaning service and hired them to clean his apartment. the service staff mistakenly cleaned brandon's apartment, which was situated directly above robert's. the category of contracts that will require brandon to pay the cleaning service even though he did not ask for it is a quasi-contract.
A quasi-contract is a legal concept used to prevent unjust enrichment when a service or benefit is inadvertently provided to someone who did not request it. In the given scenario, it creates an obligation for Brandon to pay the cleaning service, even though he didn't solicit their work, preventing him from being unjustly enriched at the expense of Robert, who actually hired the cleaners.
The student's question pertains to a quasi-contract, which is a legal concept that creates an obligation between parties, not based on an agreement but due to a unique set of circumstances. This type of contract is designed to prevent one party from being unjustly enriched at the expense of another. In the hypothetical scenario described, Robert hired a cleaning service, but they mistakenly cleaned Brandon's apartment instead. Under a quasi-contract, even though Brandon didn't request the service, he may be required to pay because he received the benefit of the cleaning. This prevents Brandon's unjust enrichment, as he received a service that Robert paid for.
Quasi-contracts are an example of how the law can step in to create fair outcomes when accidents occur. They are mainly used in situations where there is no formal contract between parties, but where someone receives a benefit that would be inequitable to retain without paying for it. So, if the cleaning staff mistakenly cleaned the wrong apartment, the person who received the benefit (Brandon) may need to compensate the service for their work, ensuring that the burden does not unjustly fall on Robert, who initially ordered the service.
Promoting high-calorie/low-nutrient foods with inadequate information about the risks is a(n) _____ practice.
When starbucks asks its social media users to suggest new drink varieties and to comment on new drinks that are being market tested, it is employing the?
Most people are very willing to help out others with job leads and advice, because at one point, someone helped them with job leads and advice as well.
The answer is TRUE fosho
It holds completely true that most people are very willing to help out others with job leads and advice, because at one point, someone helped them with job leads and advice as well.
What is the significance of a job advice?A job advice is considered as an advice given to an opportunity seeker to help him or her decide the right career, which gives them a good source of earning money as well as gaining skills while they serve their employment.
The people who themselves were in seek of a job advice and leads at the time they were being advised by their seniors, they feel that it is their moral responsibility to continue the tradition of helping their juniors who are looking for job advices and leads for employment opportunities.
Hence, the significance of a job advice has been aforementioned and the statement given above holds true.
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The question seems to be a true or false type question. It is also a personal response question.
The yoga class meets twice a week.
On Tuesdays, the ratio of men to women is 1:6.
On Thursdays, the ratio of men to women is 2:11.
On which day the ratio of women higher at the yoga class?
The ratio of women would be higher on Tuesdays in the yoga class. It is achieved by analyzing the ratios of Tuesday and Thursday by first converting them into fractions for evaluating the values.
Given information:
The ratio of men to women on Tuesday is 1:6.
The ratio of men to women on Thursday is 2:11.
Firstly, convert the ratios into fractions. Thus, the fraction on Tuesday would be, [tex]\frac{1}{6}[/tex] and on Thursday would be, [tex]\frac{2}{11}[/tex].
Now, we have to equalize the denominator of both fractions above. To equalize the denominator of the fractions in operation the method most commonly used is by taking the least common multiple of the denominators. Hence, the LCM of 6 and 11 is 66.
Therefore the fraction for Tuesday would be;
[tex]\frac{1*11}{6*11} \\=\frac{11}{66}[/tex]
Similarly, the fraction for Thursday would be;
[tex]\frac{2*6}{11*6} \\=\frac{12}{66}[/tex]
Make sure to not only multiply the bases of fractions but the nominators too in order to balance the fractions. Hence, by comparing the fraction on Tuesday there would be more women as 11 is less than 12.
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If becky promises not to drink alcohol until she becomes a legal adult in exchange for ben's promise of $1,000, the agreement is
a. not enforceable because becky does not have a legal right to drink alcohol.
b. enforceable because the agreement accomplishes ben's goal of keeping becky from drinking.
c. not enforceable because becky is a minor and could disaffirm the contract.
d. enforceable because becky is giving up the right to do something she would otherwise be entitled to do.
If becky promises not to drink alcohol until she becomes a legal adult in exchange for ben's promise of $1,000, the agreement is not enforceable because becky is a minor and could disaffirm the contract.
Further Explanation:
Alcoholic drink:
A Alcohol beverage is a beverage that contains ethanol, a sort of liquor delivered by aging of grains, natural products, or different wellsprings of sugar. The utilization of liquor assumes a significant social job in numerous societies. Most nations have laws managing the generation, deal, and utilization of Alcohol refreshments.
Alcohol intake:
Alcholol utilization, the drinking of refreshments containing ethyl liquor. Spirits, including vodka, rum, and bourbon, generally contain somewhere in the range of 40 and 50 percent liquor. A standard beverage served in many bars contains 0.5–0.7 liquid ounce of total liquor.
What precisely is Alcohol:
Alcohol (ethanol or ethyl liquor) is the fixing found in brew, wine and spirits that causes intoxication. For instance, wine is produced using the sugar in grapes, lager from the sugar in malted grain (a sort of grain), juice from the sugar in apples, vodka from the sugar in potatoes, beets or different plants.
Alcohol rate mean:
ABV is a proportion of the measure of unadulterated liquor as a level of the absolute volume of fluid in a beverage. For instance, wine that says "12% ABV" or "liquor volume 12%"means that 12% of the volume of that drink is unadulterated Alcohol.
Subject: business
Level: college
Keywords: Alcoholic drink, alcohol intake, What precisely is Alcohol, Alcohol rate mean.
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If Becky promises not to drink alcohol until she becomes a legal adult in exchange for ben's promise of $1,000, the agreement is not enforceable because Becky is a Minor to a contract and could disaffirm the contract.
What is Minor to a contract?In most places, people who are minors (under the age of 18) lack the legal competence to enter into a contract. Therefore, a kid who signs a contract has the option of upholding it or having it canceled. They called as Minor to a contract.
Further an youngster under the age of 18 is regarded as a minor and is only permitted to sign contracts for necessities. Medicines, food, and medical services are all essential things. A parent or guardian's approval is required if the underage child wants the contract to be enforceable.
The usual norm is that a minor has the right to revoke any agreement made with an infant or minor. This law was established to safeguard minors who might not understand the implications of some contracts.
Thus Becky can be treated as Minor to a contract. So the contract will be voidable contract.
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True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with highest profit bearing the largest burden of reducing pollution and firms with lowest profit bearing the least burden.
It's false that firms with higher profits should bear the largest burden of reducing pollution. Instead, pollution reduction is most efficient when it happens where it is cheapest to do so, which can apply to any firm, regardless of profit. A pollution tax typically facilitates this.
Explanation:The statement that it's efficient for firms with highest profit to bear the largest burden of reducing pollution and firms with lowest profit to bear the least burden is false. In reality, the burden of reducing pollution effectively falls on firms that can do so at the least cost. A pollution tax is a common solution, where firms that can reduce pollution cheaply will do so to minimize their pollution taxes. However, firms that would incur high costs for reducing pollution will choose to pay the pollution tax instead. These policies lead to reductions of pollution where it is most cost-effective to do so, regardless of a firm's profit level.
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Stacy is trying to find a parking spot in a busy parking lot. she sees an open space and heads toward it, but before she can pull in, a car cuts her off, zooms into the space, and nearly causes an accident. during this time, stacey's heart begins racing, and a moment later she realizes she must be angry. which theory best explains her reaction?
Ctrl+_______ selects the last cell with data.
Answer:
an arrow key
Explanation:
Trevor Williams’ bank calculates interest daily. At an APR of 3%, how much simple interest does $2,000 earn in twelve days?
To calculate Trevors' interest amount in twelve days use the following formula
Prt = I
Principal = $2,000
Rate = 0.03
Time = 12/365
Interest = ?
($2,000)(0.03)(12/365) = I
I = $1.97
Lopez company uses standard costing in its manufacturing plant for auto parts. the standard cost of a particular auto part includes 6 direct labor hours of variable manufacturing overhead at $8 per hour. during june, 4,400 units of this auto part were produced using 28,400 direct labor hours and incurring a total of $245,000 in variable manufacturing overhead cost. calculate the variable overhead spending variance for june. if the variance is favorable, enter a capital f after your number with a space between the number and the f (i.e., 10,000 f). if the variance is unfavorable, enter a capital u after your number with a space between the number and the u (i.e., 10,000 u). do not use decimals in your answer.
Final answer:
The variable overhead spending variance is calculated by subtracting the standard overhead cost from the actual overhead cost. In this scenario, the result is a $17,800 unfavorable variance.
Explanation:
The student is asking for help with the calculation of a variable overhead spending variance in a manufacturing context using standard costing. Specifically, they have provided information about the number of units produced, the standard cost and hours, actual labor hours used, and the total variable overhead incurred.
To calculate the variable overhead spending variance, you need to:
Compute the standard variable overhead cost for the actual hours worked, which is the standard rate multiplied by actual hours.Determine the actual variable overhead.Subtract the standard cost from the actual cost to find the variance.In this case, the standard rate is $8 per direct labor hour, and 28,400 hours were worked. Multiplying these together gives a standard variable overhead cost of 28,400 hours * $8/hour = $227,200.
The actual cost was $245,000. The variance is 227,200 - 245,000 = $17,800 unfavorable (U), because the actual cost was higher than the standard cost.
A posthypnotic suggestion is made ________ a hypnosis session and intended to be carried out in the future when the subject is ________.
In the past 20 years, which type of performance enhancement has received the most attention? question 7 options:
The _____ tax rate is the percentage of additional earnings that goes to taxes.
If the government imposes a minimum wage of $4, how many workers will be employed?
If the government imposes a minimum wage of $4, then workers
that will be
employed
are 3000. The
destiny of the long term jobless people is seemingly the most prompt social and
monetary test confronting the U.S. today. A $4 minimum wage can get people back
to work.
Joneen owns a farm. in a signed writing, joneen gave sue the irrevocable right to use a road on his farm so that sue could more easily reach her own property. what kind of interest in land did joneen give to sue?
On september 1, ziegler corporation had 52,000 shares of $5 par value common stock, and $156,000 of retained earnings. on that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. the general journal entry to record this transaction is:
No entry is made
Only memorandum is recorded that as a result of stock split number of shares outstanding is increased from 50,000 shares to 100,000 shares [50000*2/1] and the par value of shares is decrease to $ 2.5 [5*1/2 ] per share
This is because stock split does not affect the balance of any account.
The panic of 1819:
a. resulted partly from an upsurge in european demand for american farm products that the united states was unprepared to meet.
b. led to impossibly high prices for western lands.
c. enhanced trust in banks because they did such a good job of weathering the economic storm.
d. prompted some states to suspend debt collections, which helped debtors but hurt creditors.
e. inspired john marshall's decision against the banking power in gibbons v. ogden.
The panic of 1819 is d. prompted some states to suspend debt collections, which helped debtors but hurt creditors.
What the panic of 1819?The Panic of 1819 was a financial crisis that occurred in the United States. It was caused by a combination of factors, including the end of the Napoleonic Wars in Europe, which led to a decrease in demand for American goods and a decline in agricultural prices. This, in turn, put pressure on farmers and led to widespread debt and foreclosure.
To alleviate the financial strain on debtors, some states enacted laws to suspend debt collections, which provided temporary relief for debtors but negatively affected creditors. This measure was one of the responses to the economic crisis during the Panic of 1819.
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The ceo of big wheel automotive is concerned about declining sales. he has identified his research problem as the fact that his competitors are drawing away his business. he purchases access to j.d. power's automobile rankings to learn about possible reasons for the shift in consumer purchasing. he is using _________ for secondary data about his research problem.
The CEO of Big Wheel Automotive is using market research organizations for secondary data about the research problem that he is experiencing. The market research is a way of having to gather information in which is helpful for an organization or business in order to improve their own and a way of having to target their consumers.
Perfect summer weather increases farm output by 30%. in the short run, this can be expected to __________ the price level and __________ real wealth.
Provide the iupac name for this diethyldimethylhexane :
The provided example, '3-ethyl-2,2-dimethylheptane', is named by identifying the longest carbon chain (heptane) and the substituents' positions and types (ethyl and methyl groups at specific carbon atoms).
Explanation:The question pertains to the naming of a hydrocarbon using the International Union of Pure and Applied Chemistry (IUPAC) conventions. The reference provided in the question seems to be incorrect as the given description 'diethyldimethylhexane' does not align with the examples listed. However, if we consider a molecule with a similar structure such as '3-ethyl-2,2-dimethylheptane', the correct IUPAC naming approach includes identifying the longest carbon chain and then designating the substituents with their positions on this chain.
For instance, if we take the molecule '3-ethyl-2,2-dimethylheptane' as an example:
The longest carbon chain has seven carbons, hence 'heptane'.There are two methyl groups (each one carbon) at the second carbon, hence 'dimethyl'.There's an ethyl group (two carbons) at the third carbon, hence 'ethyl'.Therefore, considering the positions and alphabetical order, the IUPAC name is 3-ethyl-2,2-dimethylheptane.
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Unskilled workers in a poor cotton-growing region must choose between working in a factory for $6,000 a year and being a tenant cotton farmer. one farmer can work a 120-acre farm, which rents for $10,000 a year. such farms yield $20,000 worth of cotton each year. the total nonlabor cost of producing and marketing the cotton is $4,000 a year. a local politician whose motto is "working people come first" has promised that if he is elected, his administration will fund a fertilizer, irrigation, and marketing scheme that will triple cotton yields on tenant farms at no charge to tenant farmers
There are two questions regarding here but it is not included in the question.
For the first question, it asks about how the project would affect the incomes of tenant farmers in the short and long run.
A cotton farmer would generate a short-run economic income of $60,000 revenue deducted by $10,000 rent, $4,000 marketing cost, $6,000 opportunity cost, resulting to $40,000/yr. In the long run, factory workers would want to transfer into cotton farming, and would thus offer up the rent on cotton farms. The rent would endure to grow until it grasped $50,000 per farm. At that idea the enticement to leave a factory job would no longer happen, because cotton farmers would again be generating zero economic profit.
For the second question, who would gain the advantage of the arrangement in the long run? How much would they achieve each year?
The answer is the landowners. Their revenue would grow by $40,000/yr. per 120-acre plot