a. Name and business/activity description: The business/organization I will work with for this assessment is called "Tech Solutions Inc."
It is an IT consulting firm that specializes in providing digital solutions to businesses, including software development, cybersecurity, and cloud computing services.
b. Digitalised marketing process/activity:
The digitalised marketing process/activity that I will analyze for this assessment is lead generation. Tech Solutions Inc. utilizes various digital marketing techniques to generate leads for their services. This includes strategies such as search engine optimization (SEO), pay-per-click (PPC) advertising, email marketing, and social media marketing.
c. Policies and procedures used in the organization:
Tech Solutions Inc. has a comprehensive digital marketing strategy document that outlines the policies and procedures for lead generation. This document defines the target audience, channels to be used, budget allocation, performance metrics, and lead qualification criteria. It serves as a guide for the marketing team and ensures consistency in the execution of digital marketing activities.
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The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
to maximize economic surplus, keep increasing output as long as
Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product
Explanation: i no it
For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.
What is Economic Surplus?Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.
Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.
A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.
Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.
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This is because money coming into and going out of the business affects Owner's Equity.
Based on the debit and credit entries you have observed in this lesson, which of the following is true?
Expenses and Sales increase Owner's Equity
Expenses increase and Sales decrease Owner's Equity
Expenses decrease and Sales increase Owner's Equity
Expenses and Sales decrease Owner's Equity
It is true that the expenses decrease and Sales increase the Owner's Equity.
Basically, owner's equity refers to the amount of the business-owner's investment in an asset after total liabilities have been deducted.
Any revenue into the business increase the owner's equity through business activities .Any expense into the business decrease the owner's equity through business operations.Therefore, the Option C is correct because the expenses decrease and Sales increase the Owner's Equity
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inside of the Sun's orbit? Give your answer in scientific notation and in units of solar masses.
The Sun's orbit is about 25,000 light-years from the center of the Milky Way galaxy.
Therefore, anything located inside the Sun's orbit would be closer to the center of the galaxy than the Sun is.
In scientific notation and in units of solar masses, the mass of objects within the Sun's orbit would be less than 1 solar mass (1.0 x 10^0 M☉).
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What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
Maricopa's Success scholarship fund receives a gift of $ 200000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25% interest, bonds pay 4.3 % interest, and stocks pay 9.6% interest. Maricopa Success invests $ 10000 more in bonds than in CDs. If the annual income from the investments is $ 11747.5, how much was invested in each account? Maricopa Success invested $___ in stocks. Maricopa Success invested $ ___ in bonds
Maricopa Success invested $ ____ in CDs.
Maricopa Success invested $181747.46 in stocks, $764126.27 in bonds, and $754126.27 in CDs.
Let x be the amount invested in CDs. Therefore, the amount invested in bonds is x + 10000.
Since the total amount invested in the three accounts is $200000, then the amount invested in stocks is 200000 - (x + x + 10000) = 180000 - 2x - 10000 = 170000 - 2x.
The annual income from CDs is given by 4.25/100x, the annual income from bonds is given by 4.3/100(x + 10000), and the annual income from stocks is given by 9.6/100(170000 - 2x).
Thus, the equation that models the total annual income from the three investments is:
4.25/100x + 4.3/100(x + 10000) + 9.6/100(170000 - 2x) = 11747.5
Multiplying by 100 to get rid of the percentage, we have:4.25x + 4.3(x + 10000) + 9.6(170000 - 2x) = 11747500
Simplifying the equation above:
4.25x + 4.3x + 43000 + 1632000 - 19.2x = 11747500
15.35x = 11747500 - 43000 - 1632000
15.35x = 11571500x = 754126.27
Therefore, the amount invested in CDs is $754126.27, the amount invested in bonds is $764126.27, and the amount invested in stocks is $181747.46.
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Question 5 of 10
What could consumers do to help their community?
Consumers in various ways can help their community:
Promote Local Business- One of the most amazing ways of supporting your local area is to assist different organizations nearby. Purchase nearby as frequently as could be expected and saved a region of your site to connection to your neighborhood companies. Cross organizing with non contending organizations with comparative business sectors assists you with contacting more individuals and assist with outing other neighborhood entrepreneurs very much like you.Sponser an Event- Supporting a member in a neighborhood long distance race can be an extraordinary method for showing support , particularly on the off chance that you can uphold your own representatives who are partaking in such occasions.Adopt a Brick- Infrequently new urban structures will offer nearby occupants the choice of buying a block or stone,either on a walkway or building . Such a buy offers you the chance to add to advance while likewise partaking in a little exposure.To learn more about consumers from the given link:
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An entity enters into a contract with a customer to sell products X, Y, and Z in exchange for $250,000. Control over the products will be transferred to the customer at different points in time. The entity determines that the delivery of each product is a distinct performance obligation. Products X and Y are regularly sold separately and their standalone selling prices of $40,000 and $120,000, respectively, are directly observable. The standalone selling price of product Z of $160,000 was estimated using the adjusted market assessment approach. The entity determined that the discount provided to the customer does not relate to one or more specific products in the contract. What revenue will be recognized by the entity on the sale of product X
Answer:
B. $31,250
Explanation:
The computation of the revenue that should be recognized by the entity on the sale of product X is shown below;
Here the transaction price should be distributed to the performance obligations.
The sum of the standalone selling price is
= $40,000 + $120,000 + $160,000
= $320,000
And, the standalone selling price is $40,000
Now the revenue that should be recognized is
= $40,000 ÷ $320,000 × $250,000
= $31,250
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
Ways in which the government can participate in economic activities
Answer:
Explanation:
In the United States, the government influences economic activity through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exerts its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.
What is a difference between being cheap and rich?
Orion iron corporation tracks the number of units purchased and sold throughout each year but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual inventory system. assume its accounting records provided the following information at the end of the annual accounting period, december 31.
transactions units unit cost
a. inventory, beginning 300 $ 12
for the year:
b. purchase, april 11 900 10
c. purchase, june 1 800 13
d. sale, may 1 (sold for $40 per unit) 300
e. sale, july 3 (sold for $40 per unit) 600
f. operating expenses (excluding income tax expense), $19,500
calculate the cost of ending inventory and the cost of goods sold using the fifo and lifo methods.
The computation of the ending inventory and cost of goods sold for Orion Iron Corporation, using the FIFO and LIFO methods, is as follows:
FIFO method:Ending inventory = $13,400 ($13 x 800 + $10 x 300)
Cost of goods sod = $9,600 ($23,000 - $13,400)
LIFO method:Ending inventory = $11,600 ($12 x 300 + $10 x 800)
Cost of goods sod = $11,400 ($23,000 - $11,600)
Data and Calculations:Transactions units unit cost Total Cost Total Revenue
a. inventory, beginning 300 $ 12 $3,600
b. Purchase, April 11 900 10 9,000
c. Purchase, June 1 800 13 10,400
Total units 2,000 $23,000
d. Sale, May 1 -300 $40 $12,000
e. Sale, July 3 -600 $40 $24,000
Total sales units 900 $36,000
Ending inventory 1,100 (2,000 - 900)
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You work as the sales manager for a company that sells office supplies to businesses of all sizes.Because the profit margins are razor-thin,you need to ensure that you are getting the very best prices on paper,pencils,pens,Post-It Notes,and other office supplies from the manufacturers.When reviewing the quarterly profit statement,you realize that your costs are higher than they should be,and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices.When you conduct your research to determine the reason for the higher costs,and take action to bring those costs back down,in which of the key management processes are you taking part?A) planningB) organizingC) leadingD) controllingE) mentoring
Answer: D. Controlling
Explanation:
Controlling is one of the most important roles that a manager plays for a company. It involves ensuring that efficient standards are met in the company by checking for errors in processes and taking actions to correct any such errors thereby ensuring that the company keeps running smoothly.
When you therefore conducted research to determine the reason for higher costs and then taking action to correct it, you were engaging your controlling role as a manager.
The common stock of Xiang Estates has an expected return of 13.3 percent. The expected return on the market is 10 percent, the inflation rate is 1.4 percent, and the risk-free rate of return is 1.3 percent. What is the beta of this stock?
The beta of the common stock of Xiang Estates given the expected return, expected market rate of teturn and risk free rate is 1.24.
What is the beta?Beta is used to measure systemic risk. Systemic risk is the risk that cannot be diversified away. The higher beta is, the higher systemic risk is and the lower beta is, the lower systemic risk is.
Beta = (expected return - risk free rate) / market premium
(13.3 - 1.3) / ( 10 - 1.3) = 1.24
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keynes was motivated to create a macroeconomic theory different from classical theory because
Keynes was motivated to create a macroeconomic theory different from classical theory because he recognized the importance of aggregate demand, which is the total demand for goods and services in an economy.
John Maynard Keynes was a British economist who is widely regarded as one of the most influential economists of the 20th century. Keynes is best known for his macroeconomic theory, which was a departure from the classical economic theory that was dominant at the time.
Classical theory, which was developed during the 18th and 19th centuries, held that markets were naturally self-correcting and that economies would return to full employment and stable growth on their own. However, Keynes saw the real-world effects of the Great Depression and was motivated to create a macroeconomic theory that could better explain and address the economic challenges of the time.
Keynes's theory, which he developed in his book "The General Theory of Employment, Interest and Money," argued that markets were not always self-correcting and that government intervention was necessary to stabilize the economy during times of recession and high unemployment. Keynes believed that government spending, particularly during times of economic downturn, could stimulate demand and help to boost the economy.
Keynes argued that during times of economic recession, aggregate demand would decrease, which would lead to lower economic growth and higher unemployment. Keynes believed that government intervention was necessary to stimulate aggregate demand and restore economic growth.
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Question 8 (1 point) Listen Peter borrowed $4,000 on January 2nd. The simple interest rate charged on his loan was initially 6.75% and increased to 7.00% on January 15th. His bank charges interest at the end of each month. Calculate the missing values from the table below. Time Period Days Interest Rate Interest Amount Jan 2. Jan 15 13 6.75% А Jan 15 - Jan 31 16 7,00% B Total Interest Due: С Place the value for A in the first box, B in the second and in the third Round your answers to 2 decimal places > > A
Peter borrowed $4,000 on January 2nd. The simple interest rate charged on his loan was initially 6.75% and increased to 7.00% on January 15th. His bank charges interest at the end of each month. The missing values are: A is $97.26; B is $122.19; C is $219.45.
To calculate the interest amount for each time period, we can use the simple interest formula: Interest = Principal × Rate × Time. For this problem, the principal is $4,000.
For Time Period Jan 2 - Jan 15 (13 days):
Interest Rate: 6.75% (0.0675 as a decimal)
Time: 13/365 (as there are 365 days in a year)
Interest Amount (A) = 4000 × 0.0675 × (13/365) ≈ $97.26
For Time Period Jan 15 - Jan 31 (16 days):
Interest Rate: 7.00% (0.07 as a decimal)
Time: 16/365
Interest Amount (B) = 4000 × 0.07 × (16/365) ≈ $122.19
Total Interest Due (C) = A + B ≈ $97.26 + $122.19 ≈ $219.45
So, the missing values are:
A = $97.26
B = $122.19
C = $219.45
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PLEASE HURY
CAREER UNIT TEST
Which ranks careers based on their percentage of self-employment from lowest to highest?
real estate manager>cosmetologist>pedicurist>child care worker
child care worker>pedicurist>cosmetologist>real estate worker
pedicurist>child care worker>cosmetologist>real estate worker
cosmetologist >pedicurist>real estate worker>child care worker
Answer:
your answer is C I am not 100% sure
Pedicurist>child care worker>cosmetologist>real estate worker ranks careers based on their percentage of self-employment from lowest to highest. The correct option is C.
Why self-employed people are rich?There are a lot of self-made millionaires because business ownership is crucial for accumulating and protecting significant wealth. Millionaire businesses are typically in uninteresting sectors of the economy like consulting, real estate development, auto parts, and others that are not atypically vulnerable to recessions.
Nail technicians who specialize in grooming fingernails and toenails on the hands and feet are known as manicurists and pedicurists. A common service entails soaking the client's hands or feet to soften the skin and remove artificial nails and dead skin cells.
Thus, the ideal selection is option C.
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which receivables accounting and reporting issue is essentially the same for ifrs and gaap?
The accounting and reporting issue that is essentially the same for IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles) with respect to receivables is the recognition of revenue.
Both IFRS and GAAP require that revenue from the sale of goods or services be recognized when the seller transfers control of the goods or services to the buyer, and the amount of revenue recognized should reflect the consideration that the seller expects to receive in exchange for the goods or services. This is known as the revenue recognition principle.Under both IFRS and GAAP, the seller must also consider any variable consideration, such as discounts, rebates, or returns, when determining the amount of revenue to recognize. If the seller cannot reasonably estimate the amount of variable consideration, then revenue should be recognized only to the extent that it is probable that a significant reversal of revenue will not occur when the uncertainty is resolved.In addition, both IFRS and GAAP require that receivables be initially recorded at their fair value, which is the present value of the expected future cash flows. This involves estimating the amount and timing of the cash flows, and discounting them to their present value using an appropriate discount rate. Any discounts or premiums should be amortized over the life of the receivable using the effective interest method.
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deadline for filing income tax returns that have received extensions
Third quarter 2023 estimated tax payment is due on September 15, 2023. The deadline to submit your 2022 extended tax return is October 16, 2023. This is the deadline for submitting your tax return if you opted to request an extension.
What occurs if taxes are still unpaid after the extension?For each month that you are late, penalties for filing might increase by 5% of the tax owed. The minimum fine is $100 or 100% of the tax owed with the return, whichever is less, if you are more than 60 days late. By requesting the extension by the deadline, the penalty file is destroyed.
What occurs if you submit your taxes late but don't have any outstanding debt?There is no penalty for filing a late return after the tax deadline if a refund is due. If you didn't file and owe tax, file a return as soon as you can and pay as much as possible to reduce penalties and interest.
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Which defines room and board?
O housing and meals that are often provided at additional cost
O monetary support that is used to help pay educational costs
O an educational institution or establishment, in particular one providing higher education
O a school that provides training in a specific skill or trade
Room and board are defined as educational institutions or establishments, particularly ones providing higher education. Thus the correct option is C.
What is the definition?A definition of any word is a detailed description defining the accurate meaning to the reader in order to gain information and understand the meaning to utilize in vocabulary and used in any sentence.
Education and knowledge are not equivalent. Education is the means by which you acquire knowledge, which is what you already know. Knowledge is any truth or piece of information that you can retain and apply. We discover new things through education.
Therefore, option C is appropriate.
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1. Which defines room and board?
housing and meals that are often provided at additional cost
2. What is the definition of a college?
an educational institution or establishment, in particular one providing higher education
3. Which describes financial aid?
monetary support that is used to help pay educational costs
4. Which defines continuing education?
the formal classes that focus on a specific area of study, not usually taken for credit
5. What is post-secondary education?
the education level that follows the successful completion of high school
4/20/202319. In general, the larger the portion of a firm's sales that are on credit, the:
A. lower will be the firm's need to borrow.
B. higher will be the firm's need to borrow.
C. more rapidly credit sales will be paid off.
D. more the firm can buy raw materials on credit.
In general, the larger the portion of a firm's sales that are on credit, the higher will be the firm's need to borrow.
When a company sells its products or services on credit, it means that customers are allowed to pay for them at a later date, usually within 30 to 90 days. This creates a delay in the company's cash inflows, which can increase the need for short-term borrowing to cover operating expenses in the meantime.
If a company's sales are mostly made on credit, then a significant portion of its revenue is tied up in accounts receivable, which are essentially IOUs from customers. This means that the company may not have enough cash on hand to cover its day-to-day expenses, such as payroll, rent, and inventory purchases. As a result, the company may need to borrow money to cover these expenses until the accounts receivable are paid off.
Overall, while offering credit sales can be a way to increase revenue and attract customers, it can also increase the need for short-term borrowing and impact a company's cash flow.
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In general, the larger the portion of a firm's sales that are on credit, the: B. higher will be the firm's need to borrow.
A firm's sales refer to the revenue generated by the company from the sale of goods or services during a specific period. Sales are a critical aspect of a firm's financial performance and are a key indicator of the company's market position and growth potential. A firm's sales can be influenced by various factors, including market demand, competition, pricing strategies, customer behavior, and economic conditions. Firms often set sales goals and targets to monitor and measure their performance and to guide their business strategies. Sales data can also provide valuable insights into customer preferences and behavior, which can inform product development, marketing, and sales strategies. To increase sales, firms may invest in advertising, promotions, and sales training, and may also focus on expanding their customer base or diversifying their product offerings.
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Assuming an Oil and Gas company undertaking a project wish to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study. Assuming history matching proves successful, what reserve classification will be most appropriate under the PRMS. What reserve classification and range of uncertainty should development plans be made?
Assuming history matching proves successful, the most appropriate reserve classification under the PRMS would be proved reserves.
If an oil and gas company undertaking a project wishes to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study and assuming history matching proves successful. The range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
Moreover, to be recognized as a proved reserve, the entity must have three criteria that include being technologically feasible, economically viable, and legally permitted. It means that it can be produced, marketed, and sold at current prices in a given market while also complying with environmental and regulatory requirements.
The reserve classification under the PRMS that is most appropriate and the range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
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read the case study ,(a)study the job description . do you think bill is looking to recruit an experienced shopassistant , what evidence is there to support your answers.
It is clear that Bill is looking to recruit an experienced shop assistant.
What is a shop assistant?Generally, From the job description, it is clear that Bill is looking to recruit an experienced shop assistant. The job description specifically states that the successful applicant will have "significant experience in a retail environment."
Additionally, the job description notes that the ideal candidate should have "prior experience in customer service, cash handling, and stock management" - all skills that are important in a shop assistant position.
The job description also mentions that the successful candidate should have "excellent communication and organizational skills," which are also key skills for a shop assistant.
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Net income is the money the business makes as
profit or loss. Which of the following is true
about net income?
A. It is a key performance indicator.
B. It shows key financing opportunities.
C. It is an assessment of key assets.
The true statement about net income is this: A. It is a key performance indicator.
What is true about net income?The true statement about net income is that it reveals the performance level of the organization. According to its main feature, the company can determine the profit or loss it makes in a given financial period. When we refer to net income, we are talking about the sum of the income generated by an organization.
Net income is a performance indicator that shows whether or not some progress is being made. So, option A is true about the net income.
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question 8 a spreadsheet is a versatile tool that helps a project manager to do what? select all that apply.
A flexible tool, spreadsheets 2. Examples of databases Multi-database systems 2.4. ... Conclusion Plans and Schedules employing a project manager
what is the project manager to do?Planning, obtaining, carrying out, and finishing a project are all tasks that a project manager is in charge of. The project manager is responsible for overseeing all aspect of the project, including its scope, team management, and resources allocated to it.
What exactly do project managers do and how do they do it?A project manager's responsibilities include resource management, monitoring client demands, team coordination, and on-time delivery of the results.
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What expenses do you need to budget for if you choose to buy a home? Check all that apply.
A. a mortgage payment
B. a rent payment
C. homeowners insurance
D. renters insurance
E. property taxes
F. a security deposit
G. a down payment
H. utility payments
If you choose to buy a home, you will need to budget for the following expenses:
A mortgage payment (A): This is the monthly payment you make to the lender to pay off the loan you took out to purchase the home. It typically includes both the principal (the amount you borrowed) and the interest (a fee charged by the lender for lending you the money).Homeowners insurance (C): This insurance protects your home and belongings in the event of damage from natural disasters, accidents, or theft. It is typically required by mortgage lenders and is usually paid for annually or semi-annually.Property taxes (E): These are taxes that you pay to the government based on the value of your property. The tax rate and frequency of payment vary depending on where you live.A down payment (G): This is the initial payment you make towards the purchase of your home, which is typically a percentage of the home's purchase price. The larger the down payment, the lower your monthly mortgage payment will be.Utility payments (H): These are payments for services such as electricity, water, gas, and internet, which you will need to pay monthly.You do not need to budget for a rent payment or renters insurance if you are buying a home. However, if you are renting a home or apartment, you will need to budget for rent payments and renters insurance. A security deposit may also be required when renting, which is typically a one-time payment equal to one month's rent.
What expenses do you need to budget for if you choose to buy a home? Check all that apply.
✔️ a mortgage payment
❌ a rent payment
✔️ homeowners insurance❌ renters insurance
✔️ property taxes❌ a security deposit
✔️ a down payment✔️ utility paymentsI Took Assignment And Have a Nice Day.
interview any business owner on impact of crime
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
you've been working for a while, but your sister just got a job and is excited to have some of her "own" spending money. Money burns a hole in her pocket. What are some ideas on how she can save some money?
Answer:
She can put the money in a savings account and only buy thing she needs not wants.
Explanation:
the heart of operations management is the management of production systems. a production system uses to provide goods and services to the customer.
The heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
What is meant by operations management?This is the term that is used to refer to the way that business is being run in a way that efficiency would be increased for an organization. It tells us of the way that the business would convert materials and labor in a way that we would have goods and services.
We can conclude that the heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
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What happens when a country's central bank raises the discount rate for
banks?
A. Banks must pay more for short-term loans from the government.
B. Banks must pay the government interest on all cash they keep on
hand.
C. Banks are forced to set aside more of their money instead of
lending it.
O D. Banks are required to sell all their treasury securities on the open
market.
Answer:
C. Banks are forced to set aside more of their money instead of lending it.
Explanation:
The Fed also estimates the discount rate, the interest rate at which banks can obtain straight from the central bank. If the Fed heightens interest charges, it improves the expense of borrowing, addressing both credit and investment more costly. This can be arranged to regulate overheated economics.
Answer:
A. Banks must pay more for short term loans from the government.
Explanation:
I took the quiz.