Answer:
Real estate owned
Explanation:
It is property owned by a lender, such as a bank, that has not been successfully sold at a foreclosure auction.
Answer:
REO stands for real estate owned
Explanation:
Real estate owned, a property owned by a lender because it failed to sell in a foreclosure auction after the borrower defaulted on their mortgage.
Good planning and wise use of insurance can eliminate all risk. True or false?
Answer:
False.
Explanation:
Good planning and wise use of insurance are some ways you can reduce risk, but it won't eliminate all risk.
Fix the incorrect red boxes
Based on the given entries, the incorrect red box to be fixed is the Aug 1 entry of $0.
What should the Pain in capital - Common stock account look like?From the given transactions, the entries in the Paid in Capital in excess of stated value - Common Stock should be:
Credit ⇒ Jan. 10 $231,000Credit ⇒ Apr. 1 $9,500Credit ⇒ May. 1 $114,000Credit ⇒ Sep. 1 $42,000Credit ⇒ Dec 31 Bal $396,500There should be no entry on Aug 1 of $0 because the common stock issued matches the attorney fees of $36,000.
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Q: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples. (40%)
The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.
What is the STEEPLE model?This is an analysis model in which each letter represents a factor to be analyzed:
SocialTechnologyEconomicEnvironmentalPoliticalLegalEthicalWhat is an example of this model?Let's analyze a war between two countries:
Social: The families are negatively affected by the war.Technology: Weapons and other technologies are used as part of the war.Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.Environmental: There is pollution due to waste derived from weapons.Political: Most wars are the result of political conflicts.Legal: There are specific international rules that regulate wars.Ethical: The use of weapons against a population rises ethical concerns and dilemmas.Learn more about analysis in: https://brainly.com/question/5040600
Discuss the benefits of timely, appropriate, detailed information. How can a value be assigned to these characteristics?
Detailed information helps in making timely decision in an organization on what to do and how to do them.
What is information?Information are those facts or findings about a subject that has been learned either through research about something or an individual.
Benefits of detailed information include;
It helps in making timely decision in an organization.
It helps to manage resources appropriately.
Therefore, value can be assigned based on how important this benefits are to the organization or individual.
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Please describe what is wrong with
this statement: Our technical support
team is available 24/7 Monday
through Friday.
The problem that is wrong here is that the team are said to be available 24/7, yet the days mentioned are from monday to friday. That is 5 days.
How is this wrong in the statement.When the 24/7 term is used, it refers to the fact that a team would be available from monday through sunday.
The complete days of the week would be occupied by the team. It is a contradiction to use 24/7 and monday through friday together.
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If Henry and Kate's Company has $300,000 of sales revenue, pays $50,000 in dividends, and has net income of $100,000, how much were the expenses for the year?
Answer:
$205,000
--
Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.
Explanation:
SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends
The entry to amortize a bond premium would include a __________ to __________.
a. debit; Premium on Bonds Payable
b. credit; Premium on Bonds Payable
c. debit; Interest Expense
d. debit; Cash
The entry to amortize a bond premium would include a debit to Premium on Bonds Payable.
Hope that helps!
Answer:
a. debit; Premium on Bonds Payable
Explanation:
Took Assignment
Which is not included in the composition of a project initiation documentation?
The choice which is not included in the composition of a project initiation document is; Project cost.
What is a Project Initiation Document?A Project Initiation Document is a guide to a project, clearly laying out the justification for a project, the project's objectives, and how the project will be organized. This helps ensure that all involved personnel knows what's going on right from the outset.
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What is average of numbers on b4:b12
The average of numbers on b4:b12 is the sum of (b4:b12)/9.
What is an average?An average is a central value of some numbers. An average value can be referred to as the mean, median, or mode because an average typically represents a group of numbers (or data set).
Thus, when the numbers contained in the data set, b4:b12, are summed and divided by 9, the arithmetic average (mean) is found. The mode can also be discovered in the data set by looking for the number that appears most among the nine numbers.
Another average value that we can compute is the median, which refers to the middle number 8 (b8) between b4 and b12, especially after they are sorted in ascending or descending order.
Thus, the average of numbers on the b4:b12 range can simply mean the sum of (b4:b12)/9.
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Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate
Based on the dividends of ATTA Corp over the years, the annual growth rate was 5.18%.
What was the annual growth rate?Using the present value equation:
Current dividend = Original dividend x ( 1 + rate) ^ number of years
Solving gives:
1.76 = 0.96 x ( 1 + r)¹²
(1.76 / 0.96 )¹/¹² = 1 + r
1 + r = 1.0518
r = 5.18%
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Hi guys, i need urgently some help with this question
Explain the benefits and drawbacks of using either ARR (Accounting Rate of Return)
or PP (Payment Period) instead of NPV (Net Present Value) as a measure of Return
on Investment when considering alternative capital projects?
Answer:
Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.
Explanation:
hope this helps
The town of Newton, Iowa, has a population of only 15,800, with 4,000 employed by the Maytag manufacturing plant located there. This situation would be an example of Choose one: A. a monopoly. B. derived demand. C. a monopsony. D. economic rent.
Based on the situation in the town of Newton, we can refer to this as an example of a C. Monopsony.
What is a Monopsony?This refers to an economic situation where there is only one buyer for the goods and services being supplied.
The situation in Newton is a monopsony because Maytag Manufacturing seems to be the only or at the very least, the major buyer of the town's labor.
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Why is financial accounting regulated whereas management accounting is not?
Answer:
Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
Explanation:
Your welcome!
The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity
Nothing has happened to productivity at the Dulac Box plant because the same number of cypress packing boxes are produced per labor hour.
What is productivity?Productivity refers to the efficiency, resourcefulness, or creativity achieved in producing more units of goods and services using fewer production resources.
Productivity can be measured as the quantity of output per unit of input.
For example, the labor productivity at the Dulac Box plant was initially 25 boxes per labor hour under the two 10-hour shifts. When the plant introduced the three 8-hour shifts, total production units increased from 500 to 600 without any increase in productivity.
Data and Calculations:Old production units = 500 boxes
Labor-hours used = 20 (10 x 2) hours
New productivity per labor hour = 25 boxes per hour (500/20)
New production units = 600 boxes
Labor-hours used = 24 (8 x 3) hours
New productivity per labor hour = 25 boxes per hour (600/24)
Thus, there is no change in productivity with the change in shifts.
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Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting
process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be
allocated to each product line. The information shown below relates to overhead.
Mobile Safes Walk-in Safes
200
50
300
200
Units planned for production
Material moves per product line
Purchase orders per product line
Direct labor hours per product line
450
350
800
1,700
(a)
* Your answer is incorrect.
The total estimated manufacturing overhead was $280,000. Under traditional costing (which assigns overhead on the basis of
direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, eg. 12.25.)
(1)
One mobile safe
$
350
per unit
(2)
One walk-in safe
$
1647
per unit
Under the traditional costing method (which assigns overhead on the basis of direct labor hours), the amount of manufacturing overhead costs assigned to the following by Perdon Corporation are:
1) One mobile safe $448 per unit
2) One walk-in safe $3,808 per unit
What is a predetermined overhead rate?A predetermined overhead rate is used by the traditional costing method, unlike the Activity-based costing system (ABC), which uses activity drivers and cost pools.
The traditional costing method assigns overhead costs based on a companywide cost driver, for example, direct labor hours.
Data and Calculations:Total overhead = $280,000
Mobile Safes Walk-in Safes Total
Units planned for production 200 50 250
Material moves per product line 300 200 500
Purchase orders per product line 450 350 800
Direct labor hours per product line 800 1,700 2,500
Predetermined overhead rate per direct labor hour = $112 ($280,000/2,500).
Total overhead costs assigned to $89,600 $190,400
($112 x 800) ($112 x 1,700)
Overhead per unit $448 $3,808
($89,600/200) ($190,400/50)
Thus, under the traditional costing method, the amount of manufacturing overhead costs assigned are $448 per unit of Mobile Safe and $3,808 per unit of Mobile Safe.
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A manager with _____ skills has the ability to deal effectively with people inside and outside the organization.
Answer:
Interpersonal
Explanation:
PLEASE MARK ME AS BRAINLIEST AND HAVE A NICE DAY :)
PLEASE HELP WITH THIS DISCUSSION
Suppose you have spilled coffee on your favorite T-shirt and now you need a new one. You discover a new clothing store (Store X) across the street from an existing department store (Store Y). Both stores offer the same brands and styles of T-shirts. However, Store X offers their clothing for less. How might this event affect the demand curve for Store Y?
Answer:
Since both stores have the same styles and brands with different prices, people may start to turn to Store X. With cheaper prices in the same area as the other store with the same brands and styles is a total win for customers. This might decrease sales in Store Y which may make them run out of business. However, because store Y was there first, loyal customers might only trust this store since it hasn't let them down yet and may be afraid to switch stores. Quality over quantity plays a major role in this decision.
Hope this helped <3! Brainliest please? :)
People may start shopping at Store X since both stores have the same brands and styles but at various pricing points. This can result in Store Y's sales declining. The demand curve for store Y shifts to the left due to the decline in demand.
What is demand curve?A demand curve is a graph that shows the relationship between the cost of a given good and the quantity demanded at that cost. Demand curves can be applied to the price-quantity connection for a specific consumer or for every consumer in a given market.
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve.
If the demand lowers , the demand curve moves to the left. Less demand for the good or service results from this.
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1. How would you market a health club in the south versus the East Coast or West Coast?
I will market a health club in the south through the use of Social Proof. Social proof, Targeted Email Marketing, the use of Website and Mobile App to push Referrals.
What is the aim of a health club?Health clubs are known to be as fitness centers or gyms. They are known to often give some specific services to make sure that members can be able to meet their fitness goals or purpose.
Note that Health clubs are an efficient tool way to spice up one's routine. I will market a health club in East Coast or West Coast through the use of gyms influencers, giveaway or the use of contest.
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The constraint on deposit creation related to the willingness of consumers, businesses, and governments to borrow the money that banks make available is related to ______.
The willingness of consumers and governments to borrow money that banks make available is related to financial inclusion.
What is Financial inclusion?Financial inclusion is the access an individual has to financial products such as loan and other credits facilities.
They also have access to services that meet their
financial needs.
Therefore, the constraint on deposit creation related to the willingness of consumers, businesses, and governments to borrow the money that banks make available is related to financial inclusion.
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BUSINESS LAW- TRUE OR FALSE
1. Under the UCC, a contract will generally fail because one or more terms are left open,
2. A contract without a quantity term is valid.
4. A contract for services is specifically covered by the UCC.
5. Whether there has been an offer is determined by a subjecive standard.
6. A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." Thierë
is a contract.
7. Offers made in jest are always invalid.
8. B agrees to buy all of her requireinents from S. S agress. The contract fails for lack of a definite
quantity term.
9. A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30
days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15
days later. B can nonetheless accept.
10. When an offeree learns from a third party that the offeror has sold the goods. the offer is re-
voked.
11. The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror
inay not revoke his promise.
12. An offer continues until there is an express revocation of the offer.
13. A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer
for S100.
14. A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke.
15. Under the UCC, a non-merchant may make her offer irrevocable without consideration.
16. In general, an offeree must affirmatively convey his or her intention to accept an offer to enter in
to a bilateral contract
17. A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. There
is a contract.
18. At common law, an offeree may request additional terms in accepting the offer.
19. Merchant S accepts Merchant B's offer with an additional clause providing for reasonable in
terest for overdue invoices. The additional clause is part of the contract.
20. Revocation of an offer sent by mail is elfective upon receipt.
21.. lla ained for forbearance of a legal right will constitut esileration
22. B agrees to buy a house offered by S if B gets a bank loan. There is a contract
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
Validity of the statementsUnder the UCC, a contract will generally fail because one or more terms are left open, (TRUE)A contract without a quantity term is valid. (TRUE)A contract for services is specifically covered by the UCC. TRUEWhether there has been an offer is determined by a subjecive standard. TRUEA says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUEOffers made in jest are always invalid. FALSEB agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUEA writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUEWhen an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUEThe modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSEAn offer continues until there is an express revocation of the offer. TRUEA offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUEA offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUEUnder the UCC, a non-merchant may make her offer irrevocable without consideration. TRUEIn general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUEA says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUEAt common law, an offeree may request additional terms in accepting the offer. TRUEMerchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUERevocation of an offer sent by mail is elfective upon receipt. TRUElla ained for forbearance of a legal right will constitut esileration TRUEB agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUELaw of contractLaw of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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What do intentional torts, negligence, and strict liability have in common?
O A. They involve injury to a person or property.
B. They demonstrate a breach of duty.
C. They show that a product is flawed.
D. They show that the defendant was at fault.
Answer:
A
Explanation:
just took it
How does a savings account benefit the bank
Answer:
Having a strong base of savings account deposits is critical for a bank to remain solvent and profitable. Banks use that money to lend to borrowers, who then pay interest on their loans. After paying for various costs, banks pay money on savings deposits to attract new savers and keep the ones they have.
Explanation:
what are excise duties?
Answer:
The taxes which are imposed at the time of production of goods are defined as excise taxes. These taxes are not liable to pay at the time of disposing of the goods.
Explanation:
What is meant by excise tax?
An excise duty is a kind of indirect tax obligation levied on the production, disposal, and use of manufactured products. The products can be related to petroleum, liquor, tobacco, and imported items. It is a tax reimbursed to the government by the manufacturer.
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Names of the big companies that liquidated in South Africa?
Answer:
the rivers
Explanation:
Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variable cost10.0034.50 Pounds of scarce raw material per unit35 Which product, Simple or Advanced, is most profitable for Nicholas, Inc. to manufacture
The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is Advanced Product.
What is a profitable product?A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.
A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.
Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.
Data and Calculations:Simple Product Advanced Product
Selling price $22.75 $55.00
Variable cost 10.00 34.50
Contribution margin per unit $12.75 $20.50
Pounds of scarce raw material per unit 35 35
Contribution margin per scare resource $0.364 $0.586
Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.
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The interest rate to be paid on the face amount of the bond is called the
a. contract rate.
b. effective rate.
c. discount rate.
d. premium.
Dax is an architect who wants to be able to let clients walk through a digital version of a house before the house is actually built. Which of the following should be used to create that experience?
Virtual Reality can be used by Dax, so that his client will be able to walk through a digital version of a house before actual building.
What is Virtual Reality?Virtual Reality can be regarded as a computer-generated environment which looks like a real life environment with scenes and objects .
Therefore, Dax can use Virtual Reality to shows his clients about his house digitally.
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Answer: Virtual Reality
Explanation:
How much notice must the landlord give you before entering your apartment (except in an emergency)?
Answer:
24 hours - 5 days.
Explanation:
In most states, they require your landlord to give you a 24-hour notice before entering your apartment (or sometimes 5 days).
a. The Kretovich Company seeks the following financial statistics in the coming year to attain a competitive advantage over its industry competitors. Quick ration = 1.4 Current ratio = 3.0 DSO = 36.5 days on a 365-day year. Its total current assets = $800,000 and cash and marketable securities of $100,000. Based on the data given, what is Kretovich’s estimated revenue or sales at year end? Suppose Kretovich’s pays its suppliers of materials every 30 days, that is, the firm’s days payables outstanding is 30 days, what is the speed at which Kretovich Company accrues cash flows? Hint, find the company’s cashflow conversion cycle.
1) Based on the data given, Kretovich Company's estimated revenue or sales at year-end is $2,780,000.
2) The speed at which Kretovich Company accrues cash flows if it pays its suppliers every 30 days is 61.5 days, which is given by the cash conversion cycle.
What is the cash conversion cycle?The cash conversion cycle represents the days that it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
The cash conversion cycle can be computed with the following formula:
Cash Conversion Cycle = DIO + DSO – DPO
Where:
DIO = Days Inventory Outstanding
DSO = Days Sales Outstanding
DPO = Days Payable Outstanding
Data and Calculations:Quick ratio = 1.4
Current ratio = 3.0
DSO = 36.5 days on a 365-day year.
Current assets = $800,000
Cash and marketable securities = $100,000
Using the current ratio of 3.0, the current liabilties = $270,000 ($800,000/3.0)
Current assets other than inventory = $378,000 ($370,000 x 1.4)
Inventory = $422,000 ($800,000 - $378,000)
Accounts receivable = $278,000 ($800,000 - $422,000 - $100,000)
Sales revenue = $2,780,000 ($278,000 x 365/36.5)
DIO = average (or ending) inventory balance by COGS and multiplying by 365 days.
Here, we shall use the sales figure in place of the cost of goods sold as follows:
DIO = $422,000/$2,780,000 x 365
= 55 days
Cash conversion cycle (or DIO + DSO – DPO).
= 61.5 days (55 + 36.5 - 30)
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If you intend to purchase Tata Nano, describe the stages in the purchase decision process.
The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
What is a purchase?A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
Problem recognition- It is the most basic step that ensures if there is a need for purchase.Information search- The next step is to search the information related to the Tata NanoAlternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people. Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.Learn more about the Purchase decision process here
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