Ann buys a property that costs $1,000,000. She finances the purchase with a 70% LTV mortgage. She gets a 20 year interest only fixed rate mortgage at an annual interest rate of 5%, with annual compounding and annual payments. Ann must pay 2 points upfront in mortgage closing costs (as a % of the loan amount). The loan has a 5/4/3/2/1 prepayment penalty structure (she must pay a 5% penalty if she prepays at any time in the first year, 4% penalty in the second year, etc). Suppose Ann will sell the property during year 3, after she makes the 3rd year’s mortgage payment and pays off the balance when she sells. What is Ann’s annualized IRR for the loan ? A. 5.00% B. 5.74% C. 6.69% D. 5.10%
Answers
The correct answer is B. 5.74%.To calculate Ann's annualized IRR for the loan, the following formula will be used:PV = -$700,000PMT = $35,000FV = $0N = 20
The formula to calculate IRR is:N = 20PMT = $35,000PV = -$700,000IRR = 5.74%Using the annualized IRR formula:End of year 1: She paid for the loan's interests only: $700,000 * 5% = $35,000End of year 2: Remaining balance is $700,000 after making 2 years' payments; she still owes $700,000 x 0.3 = $210,000. If she prepays, she must pay 5% of the outstanding balance as a penalty, so if she prepays at the end of year 2, the penalty is 5% x $210,000 = $10,500; her remaining balance is $210,000 + $10,500 = $220,500.End of year 3: Remaining balance is $220,500 after making 3 years' payments; she still owes $220,500. If she prepays, she must pay 4% of the outstanding balance as a penalty, so if she prepays at the end of year 3, the penalty is 4% x $220,500 = $8,820; her remaining balance is $220,500 + $8,820 = $229,320.Ann received $1,000,000 * 0.7 = $700,000 in the loan, and she paid 2% upfront mortgage closing costs. Therefore, she received only $700,000 x (1 - 0.02) = $686,000 in net proceeds. After 3 years, she has to pay off $229,320, so she will receive $1,000,000 - $229,320 = $770,680. Her profit is $770,680 - $686,000 = $84,680.IRR = [(Ending amount / Beginning amount)^(1/years passed)] - 1IRR = [($84,680/$686,000)^(1/3)] - 1IRR = 5.74%Therefore, Ann’s annualized IRR for the loan is 5.74%.
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Related Questions
Apples are selling for .15 cents per apple. The amount you buy is 823 apples, and you decide to sell those apples for .75 cents per apple. What is the total revenue for selling these apples?
Answers
Answer:
123.45 cents
Explanation:
Revenue = price per unit x quantity sold
0.15 x 823 = 123.45
The value-percept theory utilizes three critical psychological states to measure job satisfaction. Indicate whether this statement is true or false.
Answers
The statement is true. The value-percept theory of job satisfaction, developed by Timothy A. Judge and colleagues, posits that there are five critical job facets that influence overall job satisfaction: pay satisfaction, promotion satisfaction, coworker satisfaction, supervision satisfaction, and satisfaction with the work itself. These facets are considered to be value-based perceptions that individuals form regarding their jobs.
The statement is true. The value-percept theory, also known as the Job Characteristics Model, does indeed utilize three critical psychological states to measure job satisfaction. These states are:
Meaningfulness of Work: This refers to the extent to which individuals perceive their work as meaningful and significant. It is influenced by factors such as the importance of the work and the impact it has on others.
Responsibility for Outcomes: This state relates to the degree of autonomy and control individuals have over their work and the outcomes they produce. It encompasses factors such as decision-making authority and the ability to influence results.
Knowledge of Results: This state pertains to the feedback individuals receive about their performance and the extent to which they are aware of the outcomes of their efforts. It involves elements like performance feedback and the clarity of information regarding job performance.
By assessing these three psychological states, the value-percept theory aims to understand and predict an individual's job satisfaction.
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In 18th century, what was the main reason of slow down of Indian Foreign Trade
Answers
Answer:
Introduction to India’s Foreign Trade:
Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.
India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.
Explanation:
Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploitation. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’
To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.
The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.
In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.
In the circular flow model, households provide
to firms. This is represented by the letter A.
Answers
Households would provide factors of production to firms.
The circular flow demonstrates the movement of money in the economy.The two-sector model of circular flow comprises households and firms.Money first flows from producers to households in return for production services in the form of wages. Finally, return to producers back in the form of payment for the purchase or expenditure made by households.What do you mean by circular flow of money?The circular flow model demonstrates how money moves through society. Money flows from producers to workers as wages and flows back to producers as payment for products. In short, an economy is an endless circular flow of money.What are the two types of circular flow?There are two types of circular flow:
Real flow: The term real flow means the flow of factor services from households to firms. Similarly, the flow of goods and services from firms to households. Money flow: The money flow refers to the flow of factor payments from firms to households for factor services.Learn more about the circular flow of money here:
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Match the example with the type of individual difference and advantage it shows.
Answers
Answer:
Sergey likes to play soccer in his free time = Hobbies
Scott's parents moved from the U. S. to Australia = Background
Bihn wants to make enough money to send his children to school = goal
Yolanda us outgoing and able to make friends quickly = Ability
Cheyenne is currently working as a junior dance teacher in a big studio, to learn what she would need to know when she opens her own someday = experience
Melanie cares about fitness and the outdoors so she often participates in active outdoor activities like biking and mountain climbing = Lifestyle
Amandos favourite subject in school is world history = interest
Calculate the amount of heat needed to melt of solid methanol () and bring it to a temperature of . round your answer to significant digits. also, be sure your answer contains a unit symbol.
Answers
The amount of heat needed for melting solid methanol will be 85.0 kJ.
What is meant by melting temperature?The melting point of a pure material is the temperature at which its solid and liquid phases may coexist in equilibrium. When heat is applied to a solid, its temperature will increase till its melting point has been reached. Further heating will result in the solid becoming a liquid without the temperature changing.
When the entire solid has melted, the excess heat will raise the temperature of the liquid. Compounds and elements can be identified by a particular melting point, which is a distinctive number. Most mixtures and unstructured solids melt at a broad range of temperatures.
Therefore, the melting temperature of methanol is 85.0 kJ.
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You must consider the physical aspects of different work environments when choosing a career.
Responses
False
True
Answers
Answer: True.
Explanation: If you choose a career without knowing about the environment you’ll be in, or the impact it will have on your well-being, you’re setting yourself up for a miserable lifestyle. It’s common sense to find out more about the career you want to peruse.
Which of the following is not an example of professional behavior
?
Answers
Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds?
Answers
Answer:
From the graph, if you invest 10% in bonds and 90% in stocks, the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%. Therefore, as the investment in stocks increases the average annual returns also increase.
Explanation:
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discuss four circumstances under which state control of private business are justified
Answers
You have just deposited $6,000 into an account that promises to pay you an annual interest rate of 5.5 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today, you need to have $12,800 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal?Multiple Choicea) 10.64%b) 10.48%c) 9.22%d) 12.97%e) 11.53%
Answers
The required annual interest rate for the last 4 years to accomplish your goal is 10.48% (Option b).
To find the annual interest rate needed for the last 4 years to reach your goal of $12,800, we'll first determine the future value of your initial deposit after 6 years at the 5.5% interest rate, and then calculate the required interest rate for the remaining 4 years. Here are the steps:
An annual interest rate is the percentage of the principal amount of a loan or investment that a lender or investor charges as interest each year. It represents the cost of borrowing money or the return on an investment, expressed as a percentage of the amount borrowed or invested.
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budgetary estimates are made even before a project is officially started.
Answers
Budgetary estimates are made even before a project is officially started to evaluate the cost-effectiveness and financial viability of a proposed project. Budgetary estimates are useful for predicting costs before a project is authorized. They can also help in preparing for the future financial plan of a project, as well as in determining the necessary resources and assets needed for the project.
Budgetary estimates are a preliminary estimate of the cost of a project, before it is authorized. They are useful for predicting costs before a project is approved. Budgetary estimates can be made in a variety of ways, including by using historical data, estimating future costs based on current trends, or by using mathematical models. Budgetary estimates are also used to prepare the future financial plan of the project, and to determine the necessary resources and assets needed for the project to be successful.
By making budgetary estimates, organizations can determine if a proposed project is financially feasible and if it will be able to achieve the desired goals within the allocated resources. In order to make accurate budgetary estimates, organizations should have a clear understanding of the scope and goals of the project, as well as a detailed understanding of the resources required to complete the project. Budgetary estimates are also important for project managers to manage the costs of the project during the implementation phase. A budgetary estimate that is significantly different from the actual cost of the project can have a significant impact on the financial viability of the project. It is therefore important for organizations to regularly update their budgetary estimates throughout the project lifecycle to ensure that they are accurate and up-to-date. Budgetary estimates can also be used to help project managers make decisions about the allocation of resources, and to prioritize different aspects of the project.
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A production possibilities frontier with constant opportunity cost is?
Answers
A production possibilities frontier with constant opportunity cost is a graphical depiction of the greatest number of combinations of two items. That is manufactured using a given set of resources and technology.
As the production of one thing grows, the opportunity cost of producing the other good stays constant. This indicates that when an economy travels along the frontier of production possibilities, the opportunity cost of creating one thing remains constant.
The production possibilities frontier with constant opportunity cost can be used to highlight the trade-offs between producing two items and the efficiency of resource allocation in an economy. It may also be used to demonstrate opportunity cost and the rule of rising opportunity cost.
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1. Mallory owns an auto repair shop. She has $12,000 in cash, $8,000 in
inventory, a $4,000 credit card balance, and $3,500 in long-term del
What is Mallory's equity?
a.
Answers
Mallory's equity, given that she owns auto repair shop and the amounts in her books, are $ 12, 500
How to find the equity ?As per the Accounting Equation, equity is the portion of assets that is not supplied by liabilities.
This means that Mallory's equity is:
= Cash + Inventory - Credit card balance - Long term debt
= 12, 000 + 8, 000 - 4, 000 - 3, 500
= $ 12, 500
In conclusion, Mallory's equity is $ 12, 500.
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Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.True or false?
Answers
When an entrepreneur has a very positive and optimistic vision, he adjusts to the entrepreneurial mental framework (True)
The entrepreneurial mind frame is a term that refers to the human way of thinking that takes any situation in a very positive and optimistic way.
This mentality is characterized by seeing the positive factors in difficult situations or crises. On the other hand, it is a mind frame that allows the individual to take advantage of negative situations to devise innovative solutions.
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what's the difference between "AVERAGE REVENUE" to "MARGINAL AVENUE"?.
Answers
Answer:
see below
Explanation:
Average revenue refers to the revenue per output. It is the revenue that a business expects to make from the sale of any item. Average revenue is calculated by dividing the total revenue by the total output.
i.e., Average revenue (AR) = Total revenue (TR) / total output (Q).
Marginal revenue is the revenue generated from the sale of an extra unit. It is the revenue attributed to one more output. It is illustrated by a change in total revenue when one more unit is sold.
Which of these are benefits of a job as the term is used in this lesson? (1
O a high hourly wage
O an office in a great neighborhood
O working for a good cause
O a 401(k) plan
Answers
Answer:
high Hourly wage
Explanation:
Answer:
D. a 401(k) plan
Explanation:
jones buys a lot that has no access by way of a public road. he can gain access to his land by way of his neighbor's land that has public road access select one: a. only if the grantor of the property caused the lot to be landlocked. b. only if his neighbor agrees to give him an easement. c. only by establishing an easement by prescription. d. either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
Answers
Jones can access his land through a neighbor's public road access if the grantor caused the lot to be landlocked or if the neighbor agrees to grant an easement. so the correct answer is an option (d).
In this scenario, Jones's lot has no access by way of a public road. However, he can still gain access to his land by utilizing his neighbor's land which has public road access.
There are two possible ways for Jones to achieve this.
Firstly, if the grantor of the property intentionally caused the lot to be landlocked, Jones may have legal recourse to obtain an easement.
This could be due to an oversight or intentional action by the grantor that prevents Jones from accessing his land. In such cases, Jones may be entitled to an easement to gain access through his neighbor's land.
Secondly, if Jones's neighbor agrees to provide him with an easement, granting him permission to use their land for access, Jones can also gain access to his lot.
This would require the neighbor's consent and the establishment of a legally binding easement agreement.
Therefore, the correct option is d: either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
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_____ encompasses loyalty and a deep concern for an organization's welfare.
Answers
Affective commitment encompasses loyalty and a deep concern for an organization's welfare.
Affective commitment refers to a psychological attachment and emotional connection an individual develops towards an organization. It goes beyond mere job satisfaction and encompasses loyalty and a deep concern for the organization's welfare. Employees with high affective commitment feel a strong sense of belonging and identification with the organization's values, goals, and mission.
They are genuinely dedicated and willing to invest their time, effort, and energy to contribute to the organization's success. Affective commitment is driven by positive emotions, trust, and a belief in the organization's purpose, fostering long-term engagement, dedication, and a desire to support the organization through thick and thin.
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BJ Company has two products: S and D. The company uses activity-based costing and has prepared the following analysis showing the estimated total manufacturing overhead cost and expected activity for each of its three activity cost pools: Activity Expected Activity (allocation base) Cost Pool Estimated MOH.Cost Product S Product D Total Activity 1 $20,000 100 400 500 Activity 2 $ 14,625 500 250 750 Activity 3 $60,000 300 2,700 3,000 The annual production and sales of Product S is 4,547 units. The annual production and sales of Product D is 7,913. The total manufacturing overhead allocated to Product S under activity-based costing is closest to:
Answers
The total manufacturing overhead allocated to Product S under activity-based costing is closest to $19,750.
To determine the manufacturing overhead allocated to Product S under activity-based costing, we need to allocate the estimated total manufacturing overhead cost to each activity cost pool based on the expected activity levels, and then allocate the costs from each activity cost pool to the products based on their respective activity levels.
First, let's calculate the allocation rates for each activity cost pool:
Allocation Rate for Activity 1 = Estimated MOH Cost / Expected Activity
Allocation Rate for Activity 1 = $20,000 / 500
Allocation Rate for Activity 1 = $40 per activity unit
Allocation Rate for Activity 2 = Estimated MOH Cost / Expected Activity
Allocation Rate for Activity 2 = $14,625 / 750
Allocation Rate for Activity 2 = $19.50 per activity unit
Allocation Rate for Activity 3 = Estimated MOH Cost / Expected Activity
Allocation Rate for Activity 3 = $60,000 / 3,000
Allocation Rate for Activity 3 = $20 per activity unit
Now, let's allocate the manufacturing overhead costs to Product S:
Manufacturing Overhead allocated to Product S for Activity 1 = Allocation Rate for Activity 1 * Activity Level for Product S
Manufacturing Overhead allocated to Product S for Activity 1 = $40 * 100
Manufacturing Overhead allocated to Product S for Activity 1 = $4,000
Manufacturing Overhead allocated to Product S for Activity 2 = Allocation Rate for Activity 2 * Activity Level for Product S
Manufacturing Overhead allocated to Product S for Activity 2 = $19.50 * 500
Manufacturing Overhead allocated to Product S for Activity 2 = $9,750
Manufacturing Overhead allocated to Product S for Activity 3 = Allocation Rate for Activity 3 * Activity Level for Product S
Manufacturing Overhead allocated to Product S for Activity 3 = $20 * 300
Manufacturing Overhead allocated to Product S for Activity 3 = $6,000
Total Manufacturing Overhead allocated to Product S = Manufacturing Overhead allocated for Activity 1 + Manufacturing Overhead allocated for Activity 2 + Manufacturing Overhead allocated for Activity 3
Total Manufacturing Overhead allocated to Product S = $4,000 + $9,750 + $6,000
Total Manufacturing Overhead allocated to Product S = $19,750
Therefore, the total manufacturing overhead allocated to Product S under activity-based costing is closest to $19,750.
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Alicia has been working for ten years. She has not invested her money yet, and the company she works for offers a
401(k). She has saved up $5,000 and could set aside $150 per month for saving or Investing. Using the principles and
strategies of saving and Investing, create an outline of a diversified saving and investing plan.
Answers
A diversified saving and investing plan should start with establishing an emergency fund.
This fund should cover at least three to six months' worth of expenses and should be kept in a high-yield savings account or a money market account. After establishing an emergency fund, the next step would be to contribute to a 401(k) if available. If not, consider opening an individual retirement account (IRA) and contribute regularly.
In addition to retirement accounts, consider investing in a diversified portfolio of stocks, bonds, and mutual funds. This can be done through a brokerage account or a robo-advisor. It is important to spread investments across various asset classes and industries to minimize risks. Regularly review and adjust investments to maintain a balanced portfolio.
Lastly, it is important to continually educate oneself on the principles and strategies of saving and investing. Stay informed of market trends and economic indicators to make informed decisions. By setting aside $150 per month, she can gradually build a diversified portfolio and secure her financial future.
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Decision Point: Using the Association to Grow the Business Several months after starting the advertising campaign, you meet with the director again. She says, "Our consumers are finally associating our cookie with a good-tasting experience over time. We see this in increased sales as well." She continues, "We feel that we can use this newly forged association in the consumer's mind between the cookie brand name and good taste in other ways to help grow our business, but we're not sure how. I'd like you to come up with some ideas." Which of the following options is the best choice to use the brand and its association in the consumer's mind with good taste? Select an option from the choices below and click Submit. License the brand to another company to use on a potato chip. Develop a line extension using the brand on a chocolate chip cookie. License the brand to a company that wants to use it on their lower cost baked goods.
Answers
The best choice to utilize the brand and its association with good taste in the consumer's mind would be to develop a line extension using the brand on a chocolate chip cookie. Option B.
By developing a line extension, the company can leverage the positive association consumers have between the brand name and good taste to introduce a new product variant that aligns with their existing offerings. Chocolate chip cookies are a natural fit as they maintain the core essence of the original cookie while adding a popular flavor variation.
This allows the company to tap into the existing customer base who already associate the brand with good taste and provide them with a new product option to explore.
Introducing a line extension also provides an opportunity for the company to expand its market reach and capture new customers who may be attracted to the brand's reputation for quality and taste. By leveraging the positive brand association, the company can differentiate its chocolate chip cookies from competitors and establish a strong presence in the market.
On the other hand, licensing the brand to another company to use on a potato chip or licensing it to a company that wants to use it on their lower-cost baked goods may dilute the brand's association with good taste. Associating the brand with lower-cost or unrelated products could create confusion among consumers and weaken the brand's overall image.
Therefore, developing a line extension with a chocolate chip cookie aligns with the brand's existing identity, capitalizes on the positive association with good taste, and provides the company with the opportunity to expand its product portfolio while maintaining brand consistency and consumer loyalty. So Option B is correct.
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The procedure that best reveals the existence of contingent debts is
a.
Review the invoices paid during the year to creditors of our client.
b.
Confirm with the client's attorneys.
c.
Confirm a sample of customer accounts payable.
Answers
The procedure that best reveals the existence of contingent debts is:
b. Confirm with the client's attorneys.
Confirming with the client's attorneys allows the auditors to obtain information regarding any potential contingent liabilities or debts that the client may have. Attorneys are knowledgeable about legal matters and can provide insights into any pending lawsuits, claims, or other contingencies that may result in potential debts for the client. This procedure helps the auditors assess the likelihood and potential impact of contingent debts on the client's financial statements.
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what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answers
Answer:
b
Explanation:
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Suppose your boss has asked you to write a letter to a client about a problem with their order. What format of writing would you use, and what kind of style would you use to write? justify your response. << read less.
Answers
Dear, my boss says that letters to clients should begin with "To," the recipient's name. The date should appear in the letter's header. Begin with a quick summary. Keep your voice casual and polite during the introduction.
What writing style would you employ, and what format would you choose?I would compose the letter in a compelling manner. Because it involves a client, this letter qualifies as a business letter, so the format should reflect that. It is as follows:
Your firm name and address or letterheadLetter's date of writing.Name and address of the clientIntroductionParagraphs for the letter's bodyThe company you work for and your nameThere are four primary types of letter writing: expository, persuasive, descriptive, and narrative. Now, because you are writing to the client about an issue with their order, it is neither fiction nor creative writing, thus it cannot be a narrative.
Since the person already knows the thing he ordered, it cannot be descriptive because it is not intended to describe in detail the person's order. Additionally, it cannot be explanatory because the purpose of this is not to inform the client about the order he placed.
The employee is attempting to persuade the customer as to why there is a problem with the delivery of his order, so this approach would be persuasive.
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The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.
MOTO HOTEL
Trial Balance
May 31, 2017
Debit Credit
Cash $ 2,333
Supplies 2,600
Prepaid Insurance 1,800
Land 14,833
Buildings 71,200
Equipment 16,800
Accounts Payable $ 4,533
Unearned Rent Revenue 3,300
Mortgage Payable 37,200
Common Stock 59,833
Rent Revenue 9,000
Salaries and Wages Expense 3,000
Utilities Expense 800
Advertising Expense 500
$113,866 $113,866
Other data:
Insurance expires at the rate of $360 per month.
2. A count of supplies shows $1,150 of unused supplies on May 31.
3. (a) Annual depreciation is $3,600 on the building.
(b) Annual depreciation is $3,000 on equipment.
4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.)
5. Unearned rent of $2,630 has been earned.
6. Salaries of $750 are accrued and unpaid at May 31.
Journalize the adjusting entries on May 31.
Answers
Okay very school thank s
in the marketing mix, where does integrated marketing communications belong?
Answers
In the marketing mix, Integrated Marketing Communications (IMC) belongs to the promotion element. Promotion is one of the four Ps of the marketing mix, which also include product, price, and place.
IMC refers to the coordinated and strategic use of various marketing communication tools and channels to deliver a consistent and unified message to the target audience. It involves integrating advertising, public relations, sales promotions, personal selling, and direct marketing activities to effectively communicate and promote a company's products or services. By leveraging different communication channels and tools, IMC aims to create a seamless and cohesive brand experience for the target market. It ensures that all marketing communications are aligned and work together to deliver a clear and consistent message, enhance brand awareness, and drive desired consumer actions.
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what is one major disadvantage of corporations compared to other types of business organizations? A. Corporations have more legal liability for owners than other businesses B. Corporations are less likely to have specialized workers than other businesses C. corporations are more complex to start than other businesses D. corporations have a less stable life span than other businesses
Answers
Answer:
C. Corporations are more complex to start than other businesses
Explanation:
APE X got this right
One major disadvantage of corporations compared to other types of business organizations, corporations are more complex to start than other businesses. The correct option is C.
What is a corporation?A corporation is a legal body that exists independently of its owners. Corporations have many of the same legal rights and obligations as individuals. They have the ability to enter into contracts, lend and borrow money, sue and be sued, hire personnel, own assets, and pay taxes.
Corporations are subject to double taxation and must go through several formalities in order to be formed. A corporation is required to submit a corporate tax return and pay taxes on its profits at the corporate tax rate. Dividends to shareholders are taxed at the shareholder's individual tax rate.
Therefore, corporations are more complex to start than other businesses.
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80% of people starting a business use their own personal savings. What is the advantage to this strategy versus using bank loans and credit cards? A. You control how the money is spent B. You will not pay interest on the capital. C. You do not have any risk of losing your money.
Answers
An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)
What is personal savings?Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.
Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business. Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
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Brian owns a company that makes inexpensive replacement parts for bicycles. He's ready to increase the scale of his business and wants to use Google Display Ads to drive sales. Which feature of a Google Display Ads will help Brian achieve his business objectives?
Answers
Answer:
His ads can appear on websites relevant to bicycles, and therefore connect him to his potential audience.
Explanation:
Search engine optimization in marketing involves including keywords in the content so that when users search for materials related to such content, the content would appear among the relevant results. For businesses that want to improve the sales of their products by making use of Google Display Ads, it is important to use keywords as the content of the advertising so that the advertisements can appear on websites relevant to the potential audience.
The main goal of advertising would be defeated if the products are marketed to people who have no interest in them. If Brian's bicycles are marketed on a website containing content for children, it would be difficult for him to make sales. Google Display Ads ensure that the right audience see the advertisements.