Jean's equity as a percent of the house value is 21.95%.
To calculate Jean's equity, we need to subtract the remaining mortgage balance from the current value of the house. After five years, the remaining mortgage balance can be determined by multiplying the initial mortgage amount by (1 + the interest rate) raised to the power of the number of years. So, the remaining mortgage balance is $600,000 * (1 + 0.05)^5 = $789,522.50.
Next, we subtract the remaining mortgage balance from the current value of the house to find Jean's equity: $770,668.32 - $789,522.50 = -$18,854.18.
However, negative equity is not possible in this scenario, so we consider Jean's equity to be zero since the mortgage balance exceeds the current value of the house.
Therefore, Jean's equity as a percent of the house value is 0%.
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In general, how would you describe the U.S. Economy to someone else?
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
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Assume that the output gap is estimated to be $156 billion and the government decides to take action. If the marginal propensity to consume is 0.75, by how much would it need to change government spending to close the gap? Show your work.
Answer:
$39 billion
Explanation:
Given marginal propensity to consume is 0.75,
the Spending Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4
To close a gap of $156 billion, the government needs to change spending by $156 / Spending Multiplier
= $156 /4
= $39 billion
write two differences between simple clock and atomic clock
Answer:
Simple clocks measure time by counting, quartz crystal vibrations or mechanical pendulum oscillations. Atomic clocks measure the oscillations in electron transitions by the radiation emitted in the form of microwave or higher frequency electro magnetic waves.
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What does the concept of scarcity explain?choose three answers
The concept of scarcity explains:
why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.
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Answer:
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why a single resource has more value than another resource.
Explanation:
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
(i took the test)
3. The following figures for a business are available:
$
June 1, 2019
Stock
Creditors
Debtors
Stock
Creditors
Debtors
May 31, 2020
11,590
3,410
5,670
13,425
4,126
6,108
Year to May 31, 2020
Received from debtors
Paid to creditors
45,112
29,375
All goods were bought or sold on credit.
Required:
Draw up the trading account for the year May 31, 2020, deducting any figures that may
be needed.
Answer:
what's the question....
Explanation:
with examples, differentiate between direct and indirect tax
Answer:
Direct taxes are non-transferable taxes paid by the tax payer to the government and indirect taxes are transferable taxes where the liability to pay can be shifted to others. Income Tax is a direct tax while Value Added Tax (VAT) is an indirect tax.
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does wealth make you happy? Yes, No - explain the reason for your response
Answer:
yes it makes.although it doesn't buy love and affection. it fulfills our need which makes us happy.
What do the owners of a computer repair shop want to better formulate?
True, the owners of a computer repair shop can better formulate strategies, they are doing a SWOT analysis to understand the strengths and weaknesses within their company and the opportunities and threats of the external environment.
What does SWOT analysis mean for a computer shop?
For determining the strengths and weaknesses of your company, a SWOT analysis is a straightforward but effective method. the challenges and possibilities you face in your particular market. An accurate picture of your company's performance as well as the larger marketing and sales environment in which you operate.
What is SWOT analysis and explain?
The framework of a SWOT analysis allows for the identification and study of an organization's strengths, weaknesses, opportunities, and threats. The SWOT acronym is made up of these words.
Increasing understanding of the elements that go into choosing a course of action for your company or developing a business plan is the main objective of a SWOT analysis.
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ultimately sales organizations need to work toward developing a performance management system. group of answer choices true false
True. Sales organizations do need to work toward developing a performance management system.
This is because a performance management system helps to track and measure the performance of sales representatives, identify areas for improvement, and provide feedback and coaching to help them achieve their goals.
Ultimately, sales organizations need to work toward developing a performance management system because it helps in setting goals, tracking progress, evaluating performance, and providing feedback. This ensures better performance, accountability, and continuous improvement for the sales team.
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suppose two portfolios have the same average return and the same standard deviation of returns, but aggie fund has a higher beta than raider fund. according to the sharpe measure, the performance of aggie fund a) is better than the performance of raider fund. b) is the same as the performance of raider fund. c) is poorer than the performance of raider fund. d) cannot be measured as there are no data on the alpha of the portfolio. e) none of the options
Suppose two portfolios have the same average return and the same standard deviation of returns, but Aggie Fund has a higher beta than Raider Fund. According to the Sharpe measure, the performance of Aggie Fund will be poorer than the performance of Raider Fund.
Sharpe's measure is a measure of risk-adjusted return on investment that compares an investment's return against its overall volatility. This adjusts for the possibility that a more volatile investment will produce higher returns over time, but at the cost of greater risk. The Sharpe Ratio, commonly known as the Sharpe Measure, was created by William Sharpe.William Sharpe created the Sharpe measure to help investors compare different types of investment portfolios based on their risks and returns. It adjusts for the risk that comes with greater volatility by calculating the excess return of an investment over a risk-free asset divided by the investment's standard deviation of return. The Sharpe Ratio is commonly used in finance to determine how well an investment performed in comparison to the market.Therefore, option c is correct in that Aggie Fund will be poorer than the performance of Raider Fund in performance.Learn more about Sharpe Ratio: http://brainly.com/question/23948730
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Why do competitive markets move toward equilibrium?
The expected return on the market will increase if the risk-free rate _________ or if the market risk premium _____.
Answer:
The expected return on the market will increase if the risk-free rate increases or if the market risk premium increases, because RMRM=RF- risk premium.Explanation:
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Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?
capital capacity
labor talent
entrepreneurial ability
Answer:
entrepreneurial ability
Explanation:
Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork, risk management, and a sense of responsibility.
Spencer must have Entrepreneurial abilities; that's why the club hired him. The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.
Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.
Answer:
1. Coke vs Pepsi: product include Cold Beverage
2. Nike vs Reebok: product include sporting goods
15. Why is unemployment a closely watched figure by the government?
16. Briefly explain the connection between a person’s level of education and his or her potential for employability and earnings.
Economics
What's the BEST way to make sure that marketing copy uses conversational language? Question 19 options: Use quotations around every statement. Run it through a spell-checker. Read it out loud. Use sophisticated, pompous-sounding language.
The best way that would be used to show that the marketing copy makes use of conversational language would be to Use quotations around every statement.
What is a conversational language?This is the term that is used to refer to the language or the words that are made use of in everyday communication. It is the type of communication that has to do with the language that people would use with their peers as well as when they go through certain activities like when they are shopping.
The use of the conversational language would be done here by running it around a spell checker.
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meaningfulness, stability, and actionability are not statistical issues; rather, they are: group of answer choices market differentiation issues subject to market research validation market target issues marketing manager judgement calls
Marketing managers generate customer interest in products and services across various media channels. The meaningfulness, stability, and actionability are not statistical issues- they are marketing manager judgement calls.
Who are marketing managers?Marketing executives generate customer interest in products and services through a variety of media channels. A marketing manager is in charge of a company's or product's marketing. They may be in charge of several services or products, or just one.
A marketing manager's decisions must be significant and stable. A marketing manager conducts market research, analyses trends and customer preferences, develops marketing strategies and budgets, supervises the creation of marketing materials and content, and performs all other relevant tasks necessary to increase the company's sales.
Therefore, the issue of meaningfulness, stability, and actionability related to the judgement of a marketing manager.
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How does technology trends affect a pharmacy business?
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Match the examples to the stages of the buying and decision-making process.
The customer decides which product to buy. - Making a purchase decision.
The customer looks for information on products and services. - Searching for information.
The customer compares various options. - Looking at options.
The customer pays for a product. - Buying the product or service
The customer reflects on what he or she has bought. - Purchase reflection.
The customer realizes that something is needed. - Problem recognition.
What is a buying decision process?In marketing, this decision-making process are used by the consumers regarding the market transactions before, during and after the purchase of a good or service. Such process can be seen as a form of a cost-benefit analysis in the presence of multiple alternatives.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time. The Wii is an example of a product that has _____.
The answer to the given question is as follows:Explanation:Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time.
The Wii is an example of a product that has high brand equity. High brand equity refers to a product that has strong brand recognition and is generally viewed favorably by consumers.
The product enjoys high consumer loyalty and demand. This means that the Wii has a strong brand identity, which leads to customer preference and loyalty over a longer period of time.
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Identify an accurate statement about groups of customers with similar need sets. Multiple choice question. They always have identical demographics. They belong to a single, homogeneous demographic group. They can have sharply different demographics. They never have varied demographic features.
When there is a group of customers that have the same requirement sets so the following should be the accurate statement.
The statement "It could have clear various demographics" is correct.
The following information related to the customer is:
It is an individual or the business that buys the goods or services of the company. Without customers, the company could not survive out, neither company could able to make a profit. Now if there are various customers and all have the same kind of needs so it means that there are different demographics.Therefore all other options should not be considered.
Thus we can conclude that The statement "It could have clear various demographics" is correct.
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The cost of supplies used during the period is determined by the calculation ______. multiple choice question.
The cost of supplies used during the period is determined by the calculation beginning supplies balance + supplies purchased - ending supplies balance. The current cost of supplies (CCS) is an adjusted net income number that takes into account changes in corporate expenses across the reporting period.
Supplies are classified as current assets in accounting until they are used, at which point they become costs. Office supplies such as pens, paper clips, and printer ink are prominent examples of business supplies. When a company consumes supplies, they become an expense. However, there is another situation in which a business can see supplies as an expense rather than a present asset.
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The Crash Davis Driving School has an ROE of 15.3 percent and a payout ratio of 52 percent.
What is its sustainable growth rate?
Sustainable Growth Rate (SGR) is the maximum rate at which a company can expand while still maintaining its current financial policies. It is calculated by multiplying the retention rate by the Return on Equity (ROE) of the company.
The Crash Davis Driving School has an ROE of 15.3% and a payout ratio of 52%.Let's calculate the sustainable growth rate using the formula:Sustainable Growth Rate = Retention rate * Return on EquityRetention Rate = 1 - Payout ratio= 1 - 0.52= 0.48SGR = 0.48 * 15.3% = 7.34%Therefore, the sustainable growth rate for the Crash Davis Driving School is 7.34%. The company can expand at a maximum rate of 7.34% without changing its current financial policies.
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Shawn lost $15,000 on his stock investments this past year. Which is true? (5 points)
He can deduct the loss from his property taxes.
He can recover the loss through his insurance.
He can deduct the loss from his taxable income.
He has to pay an administrative fee on the loss.
The TRUE statement about Shawn, who lost $15,000 on his stock investments this past year, is that C. He can deduct the loss from his taxable income.
Shawn's taxable income (capital gains) will be reduced by the amount of the investment loss. However, he can only recover $3,000 in each year while the remaining will be carried forward to subsequent years.
Shawn cannot recover the investment loss:
From his property taxesThrough his insuranceBy paying an administrative fee.
Thus, the true statement is C.
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2008 1 Mar Started business with $1,000 cash.
credit or debit
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
Which pair of accounts follows the rules of debit and credit in relation to increases and decreases in the same manner?
a. Dividends Payable and Rent Expense
b. Utilities Expense and Notes Payable
c. Prepaid Insurance and Advertising Expense
d. Service Revenue and Equipment
c. Prepaid Insurance and Advertising ExpenseThe pair of accounts that follows the rules of debit and credit in relation to increases and decreases in the same manner is c.
Prepaid Insurance and Advertising Expense. Prepaid Insurance is an asset account that represents insurance premiums paid in advance. When an entity pays for insurance coverage in advance, it debits the Prepaid Insurance account to increase it. As time passes or insurance coverage is utilized, the Prepaid Insurance account is gradually decreased by crediting it. Advertising Expense, on the other hand, is an expense account that records the costs incurred for advertising activities. When an entity incurs advertising expenses, it debits the Advertising Expense account to increase it. As the advertising expenses are recognized or allocated over a period of time, the Advertising Expense account is gradually increased by debiting it. In both cases, the accounts are initially increased with a debit entry and subsequently decreased in the same manner with a credit entry.
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prove that the points (- 6 - 8) (- 16 12) and( - 26 - 18) are the vertices of an isosceles right angled triangle
Answer:
The answer is "True".
Explanation:
Given points:
\(A= (-6,-8)\\B=(-16, 12)\\C=(-26, -18)\\\)
Condition of the right-angle triangle is: \(\bold{AC^2= AB^2+BC^2}\)
Formula to find length:
\(Length= \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}\)
\(AC = (-6,-8)(-26,-18)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)
\(\Rightarrow AC= \sqrt{(-26-(-6))^2+(-18-(-8))^2}\\\\\Rightarrow AC= \sqrt{(-26+6))^2+(-18+8))^2}\\\\\Rightarrow AC= \sqrt{(-20))^2+(-10))^2}\\\\\Rightarrow AC= \sqrt{400+100}\\\\\Rightarrow AC= \sqrt{500}\\\\\)
\(AB = (-6,-8)(-16,12)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-16 \ \ y_2=12\\\)
\(\Rightarrow AB= \sqrt{(-16-(-6))^2+(12-(-8))^2}\\\\\Rightarrow AB= \sqrt{(-16+6))^2+(12+8))^2}\\\\\Rightarrow AB= \sqrt{(-10))^2+(20))^2}\\\\\Rightarrow AB= \sqrt{100+400}\\\\\Rightarrow AB= \sqrt{500}\\\\\)
\(BC = (-16,12)(-26,-18)\\\\x_1= -16 \ \ y_1=12 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)
\(\Rightarrow BC= \sqrt{(-26-(-16))^2+(-18-12)^2}\\\\\Rightarrow BC= \sqrt{(-26+16))^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{(-10)^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{100+900}\\\\\Rightarrow BC= \sqrt{1000}\\\\\)
\(\Rightarrow {AC^2= AB^2+BC^2}\\\\\Rightarrow (\sqrt{1000})^2= (\sqrt{500+500})^2\\\\\Rightarrow 1000=1000\\\)
The angle is right-angled triangle
Which of the following types of work would a company be most likely to preform through outsourcing?
A) Long- term work that requires close supervision
B) A consistent, predictable amount of work
C) Important tasks that the company wants control over
D) Specialized work that doesn’t require much supervision
Answer:
The answer is D.
Explanation:
Got it right on edg
The following types of work would a company be most likely to preform through outsourcing: Specialized work that doesn’t require much supervision. Thus option (D) is correct.
What is a company?A company is a legal entity formed by a group of people, known as shareholders, to conduct business. It is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own property in its own name.
The primary goal of a company is to generate profits for its owners, but it can also have other objectives such as providing goods and services to customers, creating jobs, and contributing to the community.
The specialized work that doesn’t require much supervision would a company be most likely to preform through outsourcing. Therefore, option (D) is correct.
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