In the years preceding the 2008 financial crisis, borrowers did not always need to provide proof of employment or income on mortgage loan applications. We now refer to these as "stated income" or "no-doc" loans.
During the housing bubble leading up to the 2008 financial crisis, lenders relaxed their underwriting standards, and some mortgage loans were issued without requiring borrowers to provide proper documentation of their income or employment.
These loans were commonly referred to as "stated income" or "no-doc" loans. Borrowers could simply state their income on the loan application without providing any supporting documentation. This lax lending practice contributed to the subprime mortgage crisis and the subsequent financial meltdown in 2008.
To learn more about financial crisis refer here:
https://brainly.com/question/32368340#
#SPJ11
Businesses get paid for the value it delivers through its business model. True or False?
True. Businesses get paid for the value they deliver through their business model.
The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.
In conclusion, businesses do get paid for the value they deliver through their business model.
To know more about blueprint visit:
https://brainly.com/question/28187253
#SPJ11
APEX: Biology Sem1; Dry Lab 2.4.3
2. What is the name of the enzyme that breaks down:
a. Protein?
b. Carbohydrate?
c. Fat/Oil
Answer:
b. Carbohydrate?
Explanation:
Answer:
I attached my entire lab submission with all the correct answers. I got 50/50. Please don't plagiarize any of my answers, but you can reference them :)
Explanation:
(btw i know this is really late, but it could help others alkngkfjga)
Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instance (RI) discounts across multiple accounts and also apply service control policies on member accounts. Which service or tool can be used to gain these benefits
The service or tool that could be used for gaining the benefits should be AWS Orgs.
The information related to AWS Orgs is as follows:
AWS Organization should be an account management service. In this, there are multiple AWS accounts that should be consolidated for developing and managing. As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS Orgs.
Learn more about discounts here: brainly.com/question/3541148
Question 13 of 20
Which part of the product life cycle typically includes consumer tests and a
high advertising budget?
A. Introduction stage
B. Decline stage
C. Growth stage
D. Maturity stage
Answer:
introduction stage
Explanation:
it's making me have 20 characters so it's just introduction stage to introduce a new product
Jim signs a one year lease with Campus Apartments to rent an apartment for $1,000 for next school year. During the summer he decides to transfer and tells Campus Apartments six weeks before the school year starts he will not need the apartment. Campus Apartments sues Jim for the breach. Which of the following is true:
Group of answer choices
Campus Apartments will not be able to collect anything because Jim provided adequate notice
Campus Apartments will likely be successful in collecting $12,000 from Jim
None of the answers are correct
If Jim can show Campus Apartments failed to mitigate damages he may not have pay the full $12,000
Campus Apartments will only be successful in collecting from Jim if the contract had a liquidated damages provision
Out of the given answer choices, the most accurate statement is: "If Jim can show Campus Apartments failed to mitigate damages, he may not have to pay the full $12,000."
Jim signed a one-year lease with Campus Apartments for $1,000 per month, totaling $12,000 for the entire school year. He later decided to transfer and informed Campus Apartments six weeks before the school year started that he would not need the apartment. Campus Apartments sued Jim for breach of contract.
When a contract is breached, the non-breaching party (Campus Apartments in this case) has a duty to mitigate, or minimize, the damages they suffer. This means Campus Apartments must make a reasonable effort to find a new tenant for the apartment, rather than leaving it empty and expecting Jim to pay the full $12,000.
If Jim can prove that Campus Apartments failed to make such an effort, he may not be liable for the entire amount. The other answer choices are not entirely accurate, as they either assume there is no duty to mitigate or that the outcome is predetermined based on the specific contract provisions.
To know about breach of contract refer here:
https://brainly.com/question/29891945#
#SPJ11
help fast! Ed and Maria’s gross monthly income is $3,700 and monthly debt is $2,500. What is their debt-to-income ratio to the nearest percent?
A. 53%
B. 68%
C. 82%
D. 25%
Answer:
C. 68
Explanation:
Name three factors that determine a good’s or service’s elasticity.
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.The degree to which managers are concerned with increasing employee job satisfaction is a(n) ________ managerial decision based on the culture of the organization.
Managers make a key managerial decision depending on the organizational culture on how much they care about improving employee job satisfaction.
How is job happiness impacted by organizational culture?
Strong organizational culture has nearly always been viewed as a motivating factor for employees to perform better. Employee dedication and self-assurance are increased, job stress is decreased, and employees' ethical behavior is improved. H2: Organizational commitment affects job satisfaction favorably as well.
What does organizational culture entail?
The appropriate behavior inside a company is determined by its culture. This culture is made up of common values and beliefs that have been formed by leaders, disseminated, and reinforced through a variety of channels, ultimately influencing employee perceptions, actions, and comprehension.
To learn more about organizational culture from the given link.
https://brainly.com/question/26965722
#SPJ1
true or false , The tails of the t distribution contain less area
than the tails of the normal distribution.
False. The tails of the t distribution contain more area than the tails of the normal distribution. The t distribution has fatter tails, reflecting the greater probability of observing extreme values in comparison to the normal distribution.
The tails of a distribution refer to the extreme ends of the distribution, where the probabilities of observing values are relatively low. In the case of the t distribution, which is a probability distribution used in hypothesis testing and constructing confidence intervals for small sample sizes, the tails have more area compared to the tails of the standard normal distribution. The reason for this lies in the shape of the t distribution. The t distribution has thicker tails compared to the normal distribution, which means it assigns more probability to extreme values. This characteristic is due to the additional uncertainty introduced by estimating the population standard deviation from a small sample. In contrast, the normal distribution has relatively thinner tails, meaning it assigns less probability to extreme values compared to the t distribution. The tails of the normal distribution asymptotically approach zero, indicating that extreme values are highly unlikely.
Learn more about normal distribution here:
https://brainly.com/question/15103234
#SPJ11
Medeco sold goods for $100 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/10,n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?
Answer: $74.25
Explanation:
Sale price of goods = $100
Worth of returned goods = $25
Term of sale = 1/10, n/30
Price if customer pays within the discount period equals :
Term of sale: 1% discount on price if the amount owed is paid within 10 days, else full amount is due in 30 days.
Actual price of goods purchased :
Goods purchased - worth of return
$100 - $25 = $75
Discount on price = 1% of $75
(1/ 100) × $75
0.01 × $75 = $0.75
Amount customer should pay:
$75 - $0.75 = $74.25
Taveras Industries developed the following information for the product it sells:
Sales price $50 per unit
Variable cost of goods sold $28 per unit
Fixed cost of goods sold $650,000
Variable selling expense 10% of sales price
Variable administrative expense $2.00 per unit
Fixed selling expense $400,000
Fixed administrative expense $300,000
For the year ended December 31, 2016, Taveras produced and sold 100,000 units of product.
Prepare a CVP income statement using the contribution margin format for Taveras Industries for 2016.
Taveras Industries is a company that produces and sells a product. The company has developed the following information for the product that it sells: Variable administrative expense is $2.00 per unit.
This means that the total variable administrative expense will depend on the number of units sold by the company. The CVP income statement is a financial statement that shows the company's revenues, costs, and profits over a period.
CVP stands for Cost-Volume-Profit and it is used by businesses to calculate the break-even point, which is the number of units that a business needs to sell in order to cover its costs and start making a profit. Using the contribution margin format for Taveras Industries for 2016, the CVP income statement would look like this: Sales Revenue = (number of units sold) x (sales price per unit)Variable Cost of Goods Sold = (number of units sold) x (variable cost per unit)Variable Administrative Expense = (number of units sold) x ($2.00 per unit)Contribution Margin = Sales Revenue - Variable Costs - Variable Administrative Expense Fixed Costs = Total Fixed Costs Net Income = Contribution Margin - Fixed Costs Where, Sales price per unit = The price at which the company sells each unit. Variable cost per unit = The cost that the company incurs to produce each unit. Total fixed costs = The sum of all the costs that the company incurs that do not vary with the number of units sold. The CVP income statement is a powerful tool that helps businesses to plan and make decisions. By using this statement, businesses can determine the impact of changes in sales volume, variable costs, and fixed costs on their profits.
Know more about Taveras Industries here;
https://brainly.com/question/24153254
#SPJ11
Under U.S. GAAP, liabilities payable within one year can be excluded from current liabilities only if:
In accordance with U.S. GAAP, commitments that are due within a year can only be excluded from current liabilities if the business has the capacity to refinance them over the long term and has the intention to do so. The right answer is C.
Current liabilities must always be used to describe obligations that mature within a year. They must be transformed into long-term liabilities if a corporation intends to recognise them as obligations that last longer than a year. They would need to refinance the payable on a long-term basis in order to accomplish so. If they are able to refinance as well as intend to, they will be able to convert their payables to long term. This implies that they won't be able to convert this to a long-term payment if they are unable to secure the necessary cash.
Under U.S. GAAP, liabilities payable within one year can be excluded from current liabilities only if: A) The business intends to refinance the obligations on a long-term basis. B) The business has the demonstrated ability to refinance the obligations on a long-term basis. C) Both a and b. D) Liabilities payable within one year always must be classified as current liabilities.
To learn more on current liabilities, visit:
https://brainly.com/question/24231448
#SPJ4
________ is the process of examining data sets in order to draw conclusions about the information they contain.
Answer:
Data analytics
Explanation:
The months-of-supply for an item in inventory will always be ______ the days-of-supply for the identical item.
It can be deduced that the months-of-supply for an item will be less than the days-of-supply.
What is supply?Supply simply means the quantity of goods and services that a supplier or producer is willing to sell at a particular time and a given price.
The months-of-supply for an item in inventory will always be less than the days-of-supply for the identical item.
In conclusion, the correct option is less than.
Learn more about supply on:
https://brainly.com/question/25843620
loukas is the ceo of a company that makes laundry detergent. even in this very competitive market, loukas acts with ________ to take actions that benefit the interests of society as well as the organization.
Loukas acts with social responsibility to take actions that benefit both the interests of society as well as his organization.
It is only acting with social responsibility that balances the interests of society with the interests of the laundry detergent organization.Social responsibility involves checking the resources organizational resources, dealing with social issues, and tackling social problems.Thus, when Loukas acts with social responsibility, it becomes for him to recruit and retain productive employees and achieve profit motives.
Read more about corporate social responsibility at https://brainly.com/question/20094437
Companies with high operating leverages generally have lower fixed costs than variable costs. True False.
This given statement is FALSE. Operating leverage refers to the degree to which a company's fixed expenses make up its overall expense structure.
This ratio demonstrates the cost structure of a business and can help investors and analysts understand how changes in sales volume can affect profits. Companies that have a high degree of operating leverage, for example, will see a larger increase in earnings when sales volumes rise than companies with low operating leverage. The higher the operating leverage, the more dependent a company's earnings are on sales volume. Companies with high operating leverage have a higher fixed cost component of total costs.
Variable expenses are smaller in percentage of total expenses than fixed expenses in companies with high operating leverage. This is because as sales rise, fixed expenses stay constant, while variable expenses grow in proportion to sales. The opposite is true for businesses with low operating leverage, which have a lower fixed cost component of total expenses. Variable expenses, on the other hand, are more significant in percentage of total expenses than fixed expenses.
This is due to the fact that when sales increase, variable expenses grow in proportion to sales, while fixed expenses remain constant.
For more such questions on Operating leverage
https://brainly.com/question/28500715
#SPJ11
A yield can be paid in the form of?
Answer:
both a and b
Explanation:
Creating graphs to reach equilibrium
On a graph, the point the place the grant curve (S) and the demand curve (D) intersect is the equilibrium.
How do you draw a demand and supply curve at equilibrium?Put the quantity of the top you are requested to analyze on the horizontal axis and its charge on the vertical axis. Draw a downward-sloping line for demand and an upward-sloping line for supply. The preliminary equilibrium charge is determined with the aid of the intersection of the two curves. Label the equilibrium solution.
The equilibrium curve of a given shape represents, to some extent, its behavior. This curve is developed in an (n + 1) dimensional house if the device is of finite dimensions; otherwise, for continuum structures (such as beams, plates, shells, and deformable our bodies in general), the corresponding area is infinite.
Learn more about equilibrium graph here:
https://brainly.com/question/14297698#SPJ9IZSA
11. Laser Research, Inc., is sending their five-person research team to a three-day conference to
learn a new automated lab procedure. One researcher earns $336 daily, two earn $360 daily.
and two earn $390 daily. What will the three-day conference cost Laser Research, Ine, in
lost productivity for the five researchers?
Answer:
The three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.
Explanation:
Given that Laser Research, Inc., is sending their five-person research team to a three-day conference to learn a new automated lab procedure, and one researcher earns $ 336 daily, two earn $ 360 daily and two earn $ 390 daily, to determine what will the three-day conference cost Laser Research, Inc, in lost productivity for the five researchers, the following calculation should be performed:
336 x 3 + 360 x 2 x 3 + 390 x 2 x 3 = X
1,008 + 720 x 3 + 780 x 3 = X
1,008 + 2,160 + 2,340 = X
5.508 = X
Thus, the three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.
Classify each of the following quality-related costs as prevention costs, appraisal costs, internal failure costs, or external failure costs. Exemal failure cost External fanure cost Prevention cost Internal failure cost Intemalaiture cost. 1 Warranty repairs. 2. Legal fees from customer lawsuits. 3.Training employees. 4 Cost incurred producing and disposing of defective units. 5 Lost productivity due to machine breakdown. 6. Inspecting products that are halfway through the production process. 7. Inspecting incoming raw materials. 8.Repairing defective units found during inspection. 9.Incremental cost of using a higher grade raw material. 10. Redesigning the production process
The Prevention Cost, the Appraisal Cost, the Internal Failure Cost, and the External Failure Cost are the four subcategories that make up the Cost of Quality.
What are the four costs of example and quality?Inspection, testing, process or service audits, and calibration of measuring and test equipment are examples of four types of cost of quality.
How much do high-quality PDFs cost?Any costs incurred by an organization as a result of either poor quality or efforts to ensure good quality are referred to as the cost of quality (COQ). In particular, COQ is the sum of four categories that have been agreed upon: evaluation, prevention, failure from the outside, and failure from within.
To learn more about Prevention Cost here:
https://brainly.com/question/29554010
#SPJ1
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
Fiscal Administration(10th Edition) Estimating Revenue from a New Tax
The preparation of revenue estimates is particularly challenging when the tax change being proposed is for a new tax. In that instance, the tax system typically provides no relevant information for preparing the estimate, meaning that the estimate will be prepared from a grab bag of data pulled from many sources, none of which exactly match the terms of the new tax law.
What estimating protocol is used for the tax? Do you think this is the appropriate approach in this instance?
The estimating protocol is used for the tax is the comparative method. This is the appropriate approach in this instance because it gives reasonable approximation based on available information, enabling policymakers to make informed decisions about the proposed tax.
When estimating revenue from a new tax, analysts typically use a combination of data from various sources, as there is no directly relevant information available from the tax system itself. This process involves gathering data from multiple sources and adjusting it to match the terms of the new tax law. This approach is known as the "comparative method" or "analog approach."
Step 1: Identify similar taxes or situations from other jurisdictions or time periods that can provide relevant data for the new tax.
Step 2: Collect data from these sources, such as tax rates, tax bases, and revenues collected.
Step 3: Adjust the data to account for differences in the tax law, economic conditions, and other relevant factors between the source and the new tax.
Step 4: Use this adjusted data to estimate the potential revenue from the new tax, considering factors such as elasticity, behavioral responses, and macroeconomic effects.
Considering the challenges in estimating revenue from a new tax, the comparative method is an appropriate approach. While it may not provide a perfect estimate, it allows for a reasonable approximation based on available information, enabling policymakers to make informed decisions about the proposed tax.
Know more about tax here:
https://brainly.com/question/28735352
#SPJ11
Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer: External factors
Explanation:
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
Learn more about ATM : https://brainly.com/question/24198010
When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit
Answer:
When setting prices of products, businesses want to make sure they can cover their costs and make:
D. a profit
The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.
What is businesses?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.
As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.
Learn more about on businesses, here:
https://brainly.com/question/15826604
#SPJ2
lowden company uses job order costing and applies overhead to each job at the rate of 160% of direct materials cost. during the current period, direct labor cost is $67,000 and direct materials cost is $73,000. how much overhead cost should lowden company apply in the current period? multiple choice $41,875. $73,000. $45,625. $67,000.
The direct material cost is the cost of the parts and raw materials required to manufacture a product. It must be simple to tell what ingredients are in the finished product.
What is direct material cost?Direct materials have a clear pricing that is directly correlated to the production unit. Materials are a variable cost that must be paid directly while manufacturing a good or service.
Materials are needed by a business to produce an item, hence these costs directly affect the price of the good. In a manufacturing corporation, direct costs are referred to as the cost of goods sold.
Direct materials cost 85000
X Predetermined overhead rate 160%
Overhead cost applied 136000
To know more about direct material cost, visit:
https://brainly.com/question/26245657
#SPJ1
What type of function does a project management tool have that a task management tool does not?
file sharing
progress tracking
commenting
budgeting
The commenting are type of function does a project management tool have that a task management tool does not. Thus, option (c) is correct.
What is management?
The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession.
The management are the division of the different departments are the created such as project management and the task management. The file sharing, progress tracking, and budgeting. But, the commenting is not the function of the task management tool.
As a result, the commenting is not the function does a project management tool have that a task management tool does not. Therefore, option (c) is correct.
Learn more about on management, here:
https://brainly.com/question/14523862
#SPJ1
the essence of business is
Answer: To satisfy Customer demand
Explanation:
Businesses are created in order to satisfy the demand of customers and make a profit whilst doing so. It involves finding out what the customer wants and then finding a way to satisfy that want.
It is also important to go beyond what the customers want to what they might want as well. This is what gives businesses the edge because in satisfying needs that the customer did not even know they wanted, the business can retain that customer and even gain others as well.
develop a research instrument that can be used to assess customers buying behavior of any product of your choice
Develop market research, a research tool that can be used to evaluate the buying behavior of selected products. A customer is a natural or legal person who purchases goods or services from another company.
Customers are important because they generate income. Without them, the business cannot continue to exist. A customer's demand is a demand that motivates the customer to purchase a product or service. A requirement can be known (ie, uttered by the customer) or unknown and is the final factor in determining which solution the customer will purchase.
The definition of a customer is a person who purchases goods or services in a store, restaurant, or another retail outlet. An example of a customer is someone who goes to an electronics store and buys a TV. (informal) A person, especially a person, begins some kind of interaction with another. A consumer is an individual or group of end users of a product or service. Here are some examples: A person who pays a barber to cut and style their hair. A company that buys printers for businesses.
Learn more about customers here:
https://brainly.com/question/380037
#SPJ9
what does it mean to provide customer service? PLEASE HELP
Answer:
Providing excellent customer service means going the extra mile in making sure a customer is happy and satisfied with a company's products or services. It also involves providing service to a customer in a timely, pleasant manner.