a homeowner defaults on the mortgage. the homeowner owes the lender $200,000. the home is sold at public auction and the sale produces $240,000. where does the surplus amount of the balance due on the promissory note go?

Answers

Answer 1

When a homeowner defaults on the mortgage, the surplus amount of the balance due on the promissory note is given to the homeowner to compensate for any amount of money he/she has paid so far.

What happens to the surplus amount of the balance due on the promissory note when a homeowner defaults on the mortgage?

The surplus amount of the balance due on the promissory note when a homeowner defaults on the mortgage is given to the homeowner to compensate for any amount of money he/she has paid so far. In case the home is sold at a price greater than the balance due on the mortgage, the surplus amount is given to the borrower or the homeowner.

The funds are not given to the lender because the proceeds from the sale are used to pay off the outstanding mortgage, including legal fees, administrative expenses, and any taxes that may have been incurred as a result of the foreclosure sale.

Therefore, any remaining amount after the mortgage and related expenses have been paid off is given to the homeowner. In this case, the homeowner owes the lender $200,000 and the home is sold at a public auction for $240,000. The surplus amount is calculated as:$240,000 - $200,000 = $40,000.

Therefore, the surplus amount of the balance due on the promissory note which is $40,000, will be given to the homeowner as compensation for any amount of money he/she has paid so far.

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Related Questions

what is the relationship between a firm's industry environment and the firm's earning potential? a. the less a firm is affected by its industry environment, the better situated it is to achieve above-average returns. b. a firm cannot influence the industry environment, and must focus on other factors in order to achieve above-average returns. c. the more a firm can neutralize competitors' advantages, the greater its chances are for above-average returns. d. the more a firm can favorably influence its industry environment, the more likely it is to achieve above-average returns.

Answers

The correct answer is option C.

The relationship between a firm's industry environment and its earning potential is an important one for businesses to consider when setting their business strategies.

A firm's industry environment consists of the external forces that affect the firm's ability to generate profits, such as competition, regulatory requirements, and consumer preferences. The firm's earning potential depends on its ability to respond to these external forces and optimize its profits.


Option A is not accurate; the less a firm is affected by its industry environment does not necessarily mean it is better situated to achieve above-average returns. This is because the external forces of the industry environment can provide valuable information to the firm regarding how to optimize its profits, and ignoring this information may leave the firm unable to compete effectively.

Option B is also not accurate; while a firm may not be able to influence the industry environment, it can respond to it and make decisions in order to maximize its profits.

Option C is more accurate; a firm that can neutralize competitors' advantages is more likely to achieve above-average returns. This is because a firm that can effectively counter its competitors' advantages will be better positioned to succeed in the industry.

Option D is most accurate; the more a firm can favorably influence its industry environment, the more likely it is to achieve above-average returns. This is because a firm that can actively shape its industry environment can create a more favorable environment that will benefit its own business.

For example, a firm may be able to influence government regulations or consumer preferences to create a more beneficial environment.

In conclusion, the relationship between a firm's industry environment and its earning potential is an important one for businesses to consider when setting their strategies. The more a firm can favorably influence its industry environment, the more likely it is to achieve above-average returns.

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you work on the marketing team for a software development company. you do not work closely with the development team; however, you need to know the status of projects in order to coordinate marketing and sales efforts. in the past there have been communication-related mishaps with the release of new products. you want to avoid this in the future and decide to recommend electronic communication tools to help facilitate smoother product release efforts. which electronic communications tool would you recommend? a professional blog a podcast

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I would recommend the use of an internal project management system as an electronic communication tool to facilitate smoother product release efforts.

What is an internal project management system?

An internal project management system is a software application that allows project managers and team members to collaborate and manage projects from inception to completion. This system provides tools that help with scheduling, tracking, and managing resources, as well as communication and collaboration among team members.

Why use an internal project management system as an electronic communication tool?

Here are some reasons why an internal project management system can help facilitate smoother product release efforts:

It helps keep all team members up-to-date with project progress and status by providing a centralized location for all project information and communication.It allows for real-time collaboration among team members, ensuring that everyone is on the same page and any issues or changes can be addressed immediately.

It helps prevent miscommunications and delays by providing a single point of contact for all project-related information and communication.

It allows for easy tracking and management of project tasks and resources, ensuring that the project stays on track and within budget.It provides a secure and organized platform for sharing files, documents, and other project-related information among team members.

So, an internal project management system would be the most appropriate electronic communication tool to help facilitate smoother product release efforts.

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samples to test internal controls are intended to provide a basis for an auditor to conclude whether:

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Samples to test internal controls are intended to provide a basis for an auditor to conclude whether the controls are operating effectively. Option 1 is correct.

The purpose of testing internal controls is to determine whether they are functioning effectively to prevent, detect, and correct material misstatements in the financial statements. Sampling techniques are used to select a subset of transactions or activities that have been subject to the control procedures. The auditor then examines the selected items to assess the effectiveness of the controls in achieving their objectives.

If the samples reveal that the controls are operating effectively, the auditor can conclude that the risk of material misstatement is low. On the other hand, if the samples indicate that the controls are not operating effectively, the auditor must determine the nature and extent of any deficiencies and consider their potential impact on the financial statements. Therefore, the samples to test internal controls are intended to provide a basis for the auditor to evaluate the effectiveness of the controls in preventing material misstatements in the financial statements. Therefore Option 1 is correct.

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The complete question is:

Samples to test internal controls are intended to provide a basis for an auditor to conclude whether

The controls are operating effectively.The financial statements are materially misstated.The risk of incorrect acceptance is too high.Materiality for planning purposes is at a sufficiently low level.

a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $ 177 units in beginning inventory 100 units produced 7,600 units sold 7,400 units in ending inventory 300 variable costs per unit: direct materials $ 56 direct labor $ 51 variable manufacturing overhead $ 12 variable selling and administrative expense $ 8 fixed costs: fixed manufacturing overhead $ 250,800 fixed selling and administrative expense $ 103,600 what is the total period cost for the month under variable costing?

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The total period cost for the month under variable costing is $467,520.

Variable costs consist of direct materials, direct labor, variable manufacturing overhead, and variable selling and administrative expense.

These costs add up to ($56 x 7,600) + ($51 x 7,600) + ($12 x 7,600) + ($8 x 7,600) = $467,520. Fixed costs are not included in variable costing, as they are treated as period costs and are expensed in the current period.

The total fixed costs for the month are $250,800 + $103,600 = $354,400, which are not part of the variable costing period cost calculation.

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the proper matching of what a firm can do with what it might do: a. develops core competencies based on human knowledge. b. balances the internal characteristics of the firm with the characteristics of the external environment. c. overcomes the rigidity and inertia resulting from a history of success. d. yields insights the firm requires to select its strategy.

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The proper matching of what a firm can do with what it might do is known as strategic fit, which involves aligning a company's internal capabilities with the external environment to create a competitive advantage. The correct answer is option b.

Strategic fit is an idea in strategic management and supply chain management that is aimed at aligning a company's operations with its strategic objectives. This approach is built on the idea that a company is most successful when its operational capacity can support and match its strategic goals.

Strategic fit can also help organizations maintain long-term sustainability by creating operational efficiency and reducing costs.

Therefore, Proper matching of what a firm can do with what it might do is balancing the internal characteristics of the firm with the characteristics of the external environment.

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2) assume that an individual puts $10,000 into a savings account that pays 3% interest, with interest being compounded monthly. the individual plans to withdraw the balance in five years to buy a car. if he does not make any further deposits over this period, how much will the individual be able to put towards his purchase?

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The amount that an individual will be able to put towards his purchase after 5 years is $11,594.94.

Explanation: Assuming that an individual puts $10,000 into a savings account that pays 3% interest, with interest being compounded monthly. The formula to calculate compound interest is given by A = P (1 + r/n)^nt

Where A is the total amount of savings P is the principal or initial deposit r is the annual interest rate in decimal form n is the number of times the interest is compounded per year t is the time period

The principal amount is $10,000Annual interest rate, r = 3% = 0.03Time period, t = 5 years Compounding is done monthly, n = 12The formula becomes A = $10,000(1 + 0.03/12)^(12 × 5) = $11,594.94Therefore, the amount that an individual will be able to put towards his purchase after 5 years is $11,594.94.

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which of these statements regarding time-cost tradeoffs in cpm networks is true? question 18 options: crashing a project often reduces the length of long-duration, but noncritical, activities. none of the above activities not on the critical path can never be on the critical path, even after crashing. crashing is not possible unless there are multiple critical paths. crashing shortens the project duration by assigning more resources to one or more of the critical tasks.

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The correct option is: Crashing shortens the project duration by assigning more resources to one or more of the critical tasks. The correct answer is option d.

A time-cost tradeoff is a process of identifying ways to complete a project in less time and at a lower cost. In CPM networks, the critical path is the most critical task that determines the project's overall duration.

Therefore, a time-cost tradeoff is associated with crashing a project to reduce its duration by increasing resources and cost to shorten the critical path.

Among the given options, the true statement regarding time-cost tradeoffs in CPM networks is that crashing shortens the project duration by assigning more resources to one or more of the critical tasks. Hence, option D is correct.

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complete question

which of these statements regarding time-cost tradeoffs in cpm networks is true? question 18 options:

a. crashing a project often reduces the length of long-duration, but noncritical, activities.

b. none of the above activities not on the critical path can never be on the critical path, even after crashing.

c.  crashing is not possible unless there are multiple critical paths. d. crashing shortens the project duration by assigning more resources to one or more of the critical tasks.

which author advanced the idea that workers were the ones who created value through their labor, and that business owners used their power to take away most of the value that workers produced?

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The author who advanced the idea that workers were the ones who created value through their labor, and that business owners used their power to take away most of the value that workers produced was Karl Marx.

Marx was a German philosopher, economist, and political theorist who lived in the 19th century. He is best known for his ideas about capitalism and the class struggle between the owners of capital and the working class.

According to Marx, the value of a commodity is determined by the amount of labor that went into producing it. However, in a capitalist society, the owners of the means of production (e.g. factories, machines, etc.) extract surplus value from workers by paying them less than the value they create through their labor. This surplus value is then appropriated by the owners as profit, which further enriches them and perpetuates the exploitation of workers.

Marx believed that this exploitation was an inherent feature of capitalism and that it could only be overcome through the establishment of a socialist system in which the means of production were owned collectively by the workers themselves. Marx's ideas about the exploitation of workers continue to influence political and economic thought to this day.

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eliza sold 1,780 units of inventory during the month. ending inventory assuming fifo would be: (do not round your intermediate calculations. round your answer to the nearest dollar amount.)

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The ending inventory assuming FIFO would be $70,107

The ending inventory is computed by the following formula: Beginning Inventory + Purchases – Cost of Goods Sold (COGS)

The cost of each unit of inventory =$54,290 / 9,800 units = $5.54

Therefore, the cost of goods sold (COGS) = 1,780 units × $5.54 per unit = $9,863.20

Finally, the ending inventory for Eliza is, Ending inventory= $25,680 + $54,290 – $9,863.20 = $70,106.80 (rounded to the nearest dollar)

Therefore, the value of ending inventory assuming FIFO for the given data of Eliza is $70,107.

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a global corporate-level strategy assumes group of answer choices a) efficiency and customization can be achieved simultaneously. b) a rise in income levels across the world. c) increasing levels of cultural differences among nations. d) more standardization of products across country markets.

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A global corporate-level strategy assumes that more standardization of products can be achieved across country markets. The answer is option D.

What is a global corporate-level strategy?

A global corporate-level strategy refers to the overall plan for a multinational corporation (MNC) that manages its operations globally. It outlines how an MNC intends to achieve its objectives and goals on a worldwide basis. A global corporate-level strategy assumes that a multinational corporation can succeed in different country markets by implementing more standardized products.

More standardization of products can be achieved across country markets. Globalization brings efficiency and cost-saving benefits for the multinational corporation. The management style and structure of the MNC should be consistent across all its subsidiaries and operations.

Globalization provides the opportunity for the MNC to access new markets and benefit from different consumer preferences and trends. The global corporate-level strategy must be consistent with the organization's mission and objectives.

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amanda company purchased a computer that cost $10,000. it had an estimated useful life of five years and a residual value of $1,000. the computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,000 cash. how much of a gain or loss should amanda record?

Answers

Amanda record  gain on disposal of $400. The correct option is C.

In order to calculate the transaction's gain or loss:

The asset's original cost, less all accumulated depreciation and any accumulated impairment charges, is used to determine the asset's carrying amount.

Next, deduct this carrying amount from the asset's sale price. A gain or loss has been made depending on whether the remainder is positive or negative. The Amanda Company uses straight-line depreciation, and each year's depreciation expense is determined using the formula below:

Depreciation Expense = (Cost of asset − Residual Value )/Useful Life = [tex]($10,000-$1,000)/5 = $1,800[/tex]

At the end of the third year:

The Accumulated depreciation =  $1,800 x 3 = $5,400

The carrying amount of the asset = $10,000 - $5,400 = $4,600

Sale price - Carrying amount of the asset = $5,000 - $4,600   = $400 >0

The company recognized gain on disposal $400,  The correct option is C.

The question is incomplete, complete question "Amanda Company purchased a computer that cost $10,000. It had an estimated useful life of five years and a residual value of $1,000.

The computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,000 cash.

How much of a gain or loss should Amanda record?

A. A gain of $1,000.

B. A loss of $5,000.

C. A gain of $400.

D. A loss of $400."

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a customer has requested that lewelling corporation fill a special order for 2,200 units of product s47 for $38 a unit. while the product would be modified slightly for the special order, product s47's normal unit product cost is $16.90: direct materials $ 4.60 direct labor 4.00 variable manufacturing overhead 1.70 fixed manufacturing overhead 6.60 unit product cost $ 16.90 assume that direct labor is a variable cost. the special order would have no effect on the company's total fixed manufacturing overhead costs. the customer would like modifications made to product s47 that would increase the variable costs by $1.90 per unit and that would require an investment of $16,000 in special molds that would have no salvage value. this special order would have no effect on the company's other sales. the company has ample spare capacity for producing the special order. the annual financial advantage (disadvantage) for the company as a result of accepting this special order should be:

Answers

The annual financial advantage for the company as a result of accepting this special order is $82,600.

This is calculated by taking the difference between the unit sales price of $38 and the modified unit product cost of $18.80 (the normal unit product cost of $16.90 plus the $1.90 increase in variable costs) and multiplying it by the number of units (2,200).

This is then minus the investment of $16,000 for the special molds:

Annual financial advantage = (38 - 18.80) x 2,200 - 16,000
                                          = 82,600

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operating, investing, and financing activities are found on which financial statement? multiple choice question. balance sheet income statement statement of operations statement of cash flows

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Operating, investing, and financing activities are found in statement of cash flows. Thus the correct option is: Statement of Cash Flows.

What is the Statement of Cash Flows?

The statement of cash flows is a financial report that outlines the cash inflows and outflows of a company over a certain period. It's one of the four key financial statements that organizations generate.

The statement of cash flows distinguishes between cash inflows and outflows from three sources: operating, investing, and financing activities, and it helps in the analysis of a company's liquidity and financial health. It contains details of a company's inflow and outflow of cash from operations, investing, and financing activities, among other things.

The statement of cash flows helps users understand the underlying cause of a company's net cash flow over a given period. Therefore, operating, investing, and financing activities are found on the Statement of Cash Flows.

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Which of the following is not a term used to describe the additional costs incurred as a result of selecting one decision alternative over another?
A) Sunk costs
B) Incremental costs
C) Relevant costs
D) Differential costs

Answers

The term that is not used to describe the additional costs incurred as a result of selecting one decision alternative over another is the sunk costs.  Option A is the correct answer.

Sunk costs are expenses that have already been incurred and cannot be recovered, and they are not related to the decision to select one alternative over another. These expenses are sunk costs and have no bearing on future decision-making. Let us now look into each of the given options:

A) Sunk costs: These are expenses that have already been incurred and cannot be recovered. They are not related to the decision to select one alternative over another.

B) Incremental costs: These are the costs of producing one additional unit of a product, and they are often used to determine whether a company should produce more units of a product.

C) Relevant costs: These are the costs that will be affected by a particular decision. They are important because they help decision-makers make informed choices.

D) Differential costs: These are the costs that differ between two decision alternatives. They are used to help decision-makers choose between two options.

Therefore, the correct option is A) Sunk costs.

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when should the newsvendor model be used? group of answer choices all of the above there is a limited selling season stockout cost information is not available demand is constant

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The Newsvendor model should be used in situations where there is a limited selling season, stockout cost information is not available, and demand is constant. The answer is all of the above.

What is the Newsvendor model?

The Newsvendor model is a statistical tool used in inventory management to determine the optimal stock level for a given product.

This model is used when there is a limited selling season, information is not available, and demand is constant. Additionally, this model can also be used in situations where the cost of stockouts is high.

In summary, the Newsvendor model is used in situations where the demand for a product is constant and the cost of stockouts is high. It is also used when there is a limited selling season, and information is not available.

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a one-time sale that is not considered part of the company's normal ongoing business is referred to as a(n)

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A one-time sale that is not considered part of the company's normal ongoing business is referred to as a(n)  special, order.

What do you mean by a one-time sale that isn't regarded as a part of the company's regular, ongoing business?

A special order is a one-time purchase that is not regarded as a part of the business' regular, ongoing operations. The only factors that matter when examining a special order are the incremental costs and benefits.

When must a business decide whether to sacrifice volume?

When businesses lack the ability to create all of the goods and sales volumes expected by their clients, they are forced to make volume trade-off decisions. In these circumstances, businesses must choose between producing some products over others in order to maximize earnings.

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carl patterson likes investing in stocks that pay dividends. carl owns 35 shares of a local utility company. the stock pays a regular annual dividend in the amount of $1.25 per share, and the company has indicated that the dividend will stay the same for a long time. if carl reinvests his dividends each year and the dividends earn a return of 4 percent each year, how much will carl accumulate in 13 years?

Answers

The annual dividend on a single share is $1.25, and Carl owns 35 shares. Since Carl is reinvesting his dividends every year, he is reinvesting $43.75 x 13 = $568.75. If the dividends earn a return of 4% each year, the accumulated amount in 13 years is $945.16.

A dividend is a regular payment that a corporation makes to its shareholders out of its earnings or reserves. A shareholder is someone who owns a share in a company. A dividend is typically distributed as a cash payment or stock.A stock, also known as a share, represents a unit of ownership in a company. Stocks are sold by firms to increase capital, which can be used to expand or develop the company.A public utility company is a company that operates to provide electricity, natural gas, water, and sewage treatment to customers.

The amount of his regular annual dividend is $1.25 x 35 = $43.75.

Dividend received by Carl = 13 years x $43.75 per annum

                                            = $568.75

Let's assume the reinvested dividend earns 4 per cent each year, the accumulated amount in 13 years is as follows: $568.75 ( 1 + 0.04)^13 = $945.16

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the account which records a nation's foreign economic transactions is called the: group of answer choices trade account. t account. exchange market. balance of payments.

Answers

Answer: balance of payments

Explanation:

The record of international trade and financial transactions made by a nation is called balance of payments.

if you join an existing boycott of the internet company amazon to protest the company's business practices, which type of political action are you engaging in?

Answers

If you join an existing boycott of the internet company Amazon to protest the company's business practices, you are engaging in a type of political action that is referred to as consumer activism.

Why are people boycotting Amazon?

Amazon has come under criticism from various groups, including labor unions and environmentalists, for its business practices. Labor unions accuse Amazon of exploiting workers by paying low wages and denying them basic benefits like health insurance and paid leave. Environmentalists have criticized Amazon for its carbon footprint and the waste generated by its packaging. Amazon has also been criticized for its relationship with law enforcement agencies, especially with regards to facial recognition technology, which many experts believe can be used to violate people's privacy and civil liberties.

Conclusion Therefore, if you join an existing boycott of Amazon to protest the company's business practices, you are engaging in consumer activism, which involves using your purchasing power to hold companies accountable for their actions.

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which of the following is not a principle of process improvement? question 22 options: 1) produce at the rate of customer demand 2) sequence activities to minimize setups, distance, or other transition costs 3) change process design to facilitate product improvements 4) all of these are principles of process improvement

Answers

These principles of process improvement are widely used in various industries to help organizations to improve their efficiency, reduce costs, and enhance their competitiveness in the market. Option D is correct.

All the options provided are principles of process improvement.

1) Produce at the rate of customer demand: This principle involves producing goods or services at a rate that matches the demand of the customers, which can help to reduce inventory costs and increase customer satisfaction.

2) Sequence activities to minimize setups, distance, or other transition costs: This principle involves sequencing activities in a way that minimizes the cost of transitions between activities, such as the cost of setting up equipment or the cost of transporting materials.

3) Change process design to facilitate product improvements: This principle involves changing the design of a process to make it more efficient, effective, or capable of producing higher-quality products or services.

Overall, such process improvement principles are widely used in a variety of industries to assist organizations in improving their efficiency, lowering costs, and increasing their market competitiveness. Option D is correct.

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mariota corporation just paid a dividend of $3.40 per share on its stock. the dividend growth rate is expected to be 4.1 forever and investors require a return of 11.8 percent on this stock. what will the stock price be in 10 years?

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Mariota Corporation has paid a dividend of $3.40 per share on its stock. It is expected that the dividend growth rate will be 4.1 forever, and investors will require a return of 11.8 percent on this stock. The stock price in ten years will be as follows

The formula for the dividend discount model can be utilized to find the stock price of Mariota Corporation. The formula is:P = (D₁ / r - g)Where,P is the stock priceD₁ is the expected dividend for the coming year.r is the investor's required rate of returng is the constant growth rate.Mariota Corporation's dividend in the coming year can be computed using the following formula:D₁ = D₀ (1 + g)Where,D₀ is the current dividendD₁ = $3.40 * (1 + 0.041) = $3.54r is the investor's required rate of returnr = 11.8%g is the constant growth rateg = 4.1%Using the formula for the dividend discount model:P = (D₁ / r - g)P = ($3.54 / 0.118 - 0.041)P = $48.53Therefore, the stock price for Mariota Corporation after ten years is $48.53 (rounded to the nearest cent).

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When the government __________ , it encourages a private solution to a __________.
Use letters in alphabetical order to select options
A. imposes taxes; positive-externality problem
B. allows income-tax deductions for charitable contributions; positive-externality problem
C. imposes a command-and-control policy; positive-externality problem
D. requires public ownership of firms that pollute; negative-externality problem

Answers

When the government allows income-tax deductions for charitable contributions, it encourages a private solution to a positive-externality problem. The correct option is option B.

A positive externality is a type of external benefit that an individual or firm offers to another as a result of a productive activity that benefits other people who are not directly involved in it. Positive externalities benefit others without direct compensation, resulting in an economic inefficiency since the external benefit is not completely represented in the free-market price mechanism.

It is advantageous to encourage the creation of positive externalities by various policy instruments, such as subsidizing or giving tax breaks to the companies that generate them. When the government allows income-tax deductions for charitable contributions, it encourages a private solution to a positive-externality problem. This would motivate people and firms to donate more to charity, resulting in a positive externality for society in terms of better social and welfare outcomes.

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monetary policy to eliminate a recessionary gap can be portrayed as a movement: group of answer choices of the sras to the left. of the ad curve to the right. of the sras to the right of. of the ad to the left.

Answers

One way to conceptualize monetary policy to close a recessionary gap is as a shift to the right of the AD curve.

How is a recessionary gap closed by monetary policy?

The Fed will take action to address recessionary gaps as long as inflation is under control. Expansionary policy, like the Fed's purchase of government assets, tends to drive up bond prices and drive down interest rates, which boosts investment and overall demand.

What would you carry out in order to close a recessionary gap?

Increasing government expenditure and/or lowering individuals taxes might close a recessionary gap. Both of these measures have the effect of increasing total demand and moving total expenditures toward GDP at full employment.

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kumara corporation reported pretax book income of $1,000,000. kumara also reports an increase in the taxable temporary differences of $200,000, an increase in the deductible temporary differences of $50,000, and favorable permanent differences of $100,000. assuming a tax rate of 21 percent, compute the company's deferred income tax expense or benefit.

Answers

Answer:

To compute Kumara Corporation's deferred income tax expense or benefit, we need to calculate the amount of temporary difference that will reverse in the future and the applicable tax rate.

Temporary differences are differences between the book and tax basis of an asset or liability that will result in taxable or deductible amounts in future years when the book value and tax value of the asset or liability are expected to be equalized.

In this case, Kumara Corporation has an increase in taxable temporary differences of $200,000 and an increase in deductible temporary differences of $50,000. Therefore, the net temporary difference is $150,000 ($200,000 - $50,000).

The applicable tax rate is 21%.

To calculate the deferred income tax expense or benefit, we multiply the net temporary difference by the applicable tax rate:

Deferred income tax expense/benefit = Net temporary difference x Applicable tax rate

= $150,000 x 0.21

= $31,500

Therefore, Kumara Corporation's deferred income tax expense or benefit is $31,500. Since the taxable temporary differences exceed the deductible temporary differences, Kumara Corporation will have a deferred tax liability on its balance sheet.

what word means a person who invests money hoping to make a profit?

Answers

The word that means a person who invests money hoping to make a profit is "investor."

An investor is someone who puts their money into stocks, bonds, mutual funds, real estate, or other financial instruments with the expectation of earning a return on their investment.

Speculators are individuals who make speculative investments. A speculator is someone who buys assets, financial instruments, commodities, or currencies with the intention of selling them for a profit at a later period.

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in which of the following scenarios would a firm choose to downsize rather than downscope? a. a firm has excess resources after acquiring another firm. b. a firm wants to cut business units that are unrelated to its core business. c. a firm wants to correct managerial mistakes. d. a firm wants to build resources and expand operations.

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A firm would choose to downsize rather than downscope only when a firm has excess resources after acquiring another firm. Option A is the correct answer.

One or two subsidiaries or operational parts of a company may be sold or reorganized as part of a downsizing. Layoffs or a decrease in the workforce are frequently involved. On the other hand, downscoping entails restructuring or selling off parts of the firm that are less important to the core operations without laying off employees or reducing the workforce. When a firm is having trouble with its cash flow and costs, downsizing may be employed.

When the company has to concentrate on its core competencies to acquire a competitive edge, downsizing may be done. Using a downscoping strategy, the parent firm and the spinoff company may frequently increase performance.

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Token economies are reinforcement-based strategies that use points, tokens, and chips as ________ reinforcers

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Token economies are behavioral modification strategies that use tokens or symbols as a form of secondary reinforcement to shape desirable behavior.

In token economies, desired behaviors are reinforced with tokens, which can then be exchanged for primary reinforcers, such as food, privileges, or tangible rewards. Tokens can take many forms, including poker chips, stars, stickers, and points, and are used as a type of secondary reinforcement because they are associated with the primary reinforcement that they can be exchanged for. In other words, tokens themselves do not have inherent value or meaning but acquire their value and meaning through their association with primary reinforcers. Token economies are often used in educational and clinical settings to promote desired behavior in children or individuals with developmental disabilities, behavioral disorders, or mental health problems. For example, teachers may use token economies to encourage students to complete assignments, follow classroom rules, or participate in classroom activities. Similarly, clinicians may use token economies to reinforce positive behaviors and reduce negative behaviors in individuals with autism spectrum disorder, attention deficit hyperactivity disorder, or other behavioral or emotional problems. Token economies are effective because they provide immediate reinforcement for desired behaviors, which increases the likelihood of those behaviors being repeated in the future. In addition, token economies provide a clear and objective way of measuring behavior change, which can help individuals track their progress and provide motivation for continued improvement. Overall, token economies are a valuable tool for promoting positive behavior change and can be used in a variety of settings to help individuals achieve their goals.

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psycwhy is it valuable for entrepreneurs to understand political and regulatory factors? select all that apply. group of answer choices appreciate how governmental factors impact their business. know the laws impacting their future business ideas. know the laws impacting their current business. prepare for potential changes in the market.

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It is valuable for entrepreneurs to understand political and regulatory factors because:

- They can appreciate how governmental factors impact their business.

- They can know the laws impacting their future business ideas.

- They can know the laws impacting their current business.

- They can prepare for potential changes in the market. Options 1, 2, 3 and 4 are correct.

Understanding political and regulatory factors is crucial for entrepreneurs as it can help them navigate the legal and regulatory environment in which they operate. By understanding how governmental factors impact their business, entrepreneurs can identify potential opportunities and risks, and develop strategies to manage them effectively.

For instance, entrepreneurs who understand the political and regulatory environment can anticipate changes in laws and regulations that may affect their current or future business ideas. They can proactively prepare for these changes by modifying their business plans or operations to comply with new regulations or take advantage of new opportunities.

Furthermore, entrepreneurs who are knowledgeable about regulatory factors can avoid legal and financial liabilities by complying with relevant laws and regulations. This can help them build a reputation as a responsible and trustworthy business, which can enhance their brand image and attract more customers. Options 1, 2, 3 and 4 are correct.

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question content area if the employer is tardy in paying the state contributions, the credit against the federal tax is limited to what percent of the late payments that would have been allowed as a credit if the contributions had been paid on time?

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If the employer is tardy in paying the state contributions, the credit against the federal tax is limited to 90 percent of the late payments that would have been allowed as a credit if the contributions had been paid on time.

The term state contribution refers to the sum of money a corporation has to pay to a specific state to finance various employee benefit schemes. Employers are obligated by law to pay state contributions for various programs, including unemployment insurance, worker's compensation, disability insurance, and paid family leave.

The federal tax is a tax imposed by the United States government on the earnings of individuals and corporations. It is computed as a percentage of the earnings of taxpayers who have a specific level of taxable income. This tax is employed by the federal government to finance various federal programs and initiatives. It is paid to the government on a quarterly basis by people and corporations who are liable for it.

If the employer is tardy in paying the state contributions, the credit against the federal tax is limited to 90 percent of the late payments that would have been allowed as a credit if the contributions had been paid on time. Therefore, it is best for the employer to pay state contributions on time to avoid such circumstances in the future.

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As an employee at the New Hampshire State Prison, Catherine Barney made contributions to the New Hampshire Retirement System (NHRS). Several Years later her employment was terminated. Under financial pressure, Barney withdrew her retirement contributions after reading and signing an application which stated that she waived all her rights to any funds from NHRS. When she later believed she would have been eligible for disability benefits Barney claimed her withdrawal constituted a unilateral mistake. Was it?

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The exact circumstances and the terms of the waiver Catherine Barney signed will determine whether or not her withdrawal of her retirement contributions constituted a unilateral error. Legal assessment might be necessary.

What does withdrawal from a retirement plan mean?

Withdrawal benefits relate to an employee's ability to cash out any accumulated money under a pension or other retirement plan (such as a 401(k) plan) after leaving a job.

What is a withdrawal of a contribution?

The additional Fund Contribution to the Fund for the CCP Function for which the Withdrawing CCP Participant has exercised the CCP Withdrawal Option is referred to as a Withdrawal Contribution. The Withdrawing CCP Participant makes this contribution after notifying CDS that it has exercised the CCP Withdrawal Option.

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