Financial institution in the primary mortgage market provides the most funds for the residential (owner-occupied) housing market is Commercial bank.
What is Commercial bank?The term commercial bank accepts deposits, provides checking account services, issues various loans, and provides basic financial products such as certificates of deposit (CDs) and savings accounts for individuals and small businesses. A commercial bank is a financial institution that performs the function of accepting deposits from the general public and lending money for investment, with the aim of making a profit. In fact, commercial bank, as the name suggests, exclude commercial institutions.They bank to make a profit. Commercial bank can be further classified into public sector banks, private sector banks, foreign banks and regional regional banks (RRBs). On the other hand, credit unions are divided into urban and rural areas. That said, payment banks are a fairly recent addition to the structure.To learn more about commercial bank from the given link :
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who is at greater risk of shortened telomeres? chase, an extreme sports athlete marcus, an overly optimistic dreamer tito, who drinks soda rather than coffee pepe, a ph.d. in behavioral economics
The correct option is Tito, who drinks soda rather than coffee. He is at a greater risk of shortened telomeres.
At the termination of linear chromosomes, a region of repeating nucleotide sequences known as a telomere is connected to specific proteins. Even though they can have various architectural forms, telomeres are a prevalent genetic trait that is most frequently found in eukaryotes. They safeguard the stability of linear chromosomes by stopping DNA repair mechanisms from misinterpreting the very endpoints of the DNA strand as a double strand break, and they protect the terminal sections of chromosomal DNA from gradual degradation in the majority, if not all, organisms bearing them.
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the introduction of efficiency-boosting winglets on aircraft at southwest airlines, and the adoption of automatic mail-sorting machines by the u.s. postal service are examples of:
The introduction of efficiency-boosting winglets on aircraft at southwest airlines, and the adoption of automatic mail-sorting machines by the u.s. postal service are examples of reverse innovation.
What is Reverse innovation?Reverse innovation can be described a the one of the innovation process that is been used in most of the developing as well as the underdeveloped nation which involves the process in which the goods are been developed as inexpensive models so as to be able to meet there needs and make life not to be unbearable for them by reducing the price that they are selling it.
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deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june. the factory has two departments, design, which incurred $20,000 of manufacturing overhead, and production which incurred $22,000 of manufacturing overhead. design used 200 hours of direct labor and production used 80 machine hours. during june, 150 direct labor hours were used in making 100 units of resistors, and 150 direct labor hours were used in making 100 units of transistors. if deca electronics company uses a department rate based on direct labor hours for the design department and machine hours for the production department, the department overhead rates for the design and production departments in june were:
If Deca Electronics Company uses a department rate based on direct labor hours for the Design department and machine hours for the Production department, the overhead department rates for the design and production departments in June were $100/DLH and $275/MH, respectively.
What is an overhead rate?An overhead rate is the predetermined rate at which overhead is allocated to production units based on the accepted cost driver.
The overhead rate may be departmental or plantwide.
The predetermined overhead rate is the quotient of the estimated total manufacturing overhead for the period divided by the total cost driver units.
Total manufacturing overhead = $42,000
Design Production Total
Manufacturing overhead $20,000 $22,000 $42,000
Direct labor hours 200 hours
Machine hours 80 hours
Overhead rates $100 per hour $275 per hour
($20,000/200) ($22,000/80)
Resistors Transistors
Units produced 100 100
Direct labor hours 150 150
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an investor is considering purchasing a five-year corporate bond. the yield on the bond is 6.25%, the rate of inflation is 3%, the yield on the on-the-run treasury is 4.80%, and the price of the bond is par (or $100.00). the absolute yield spread, relative yield spread, and yield ratio, respectively, are:
The absolute yield spread, relative yield spread, and yield ratio, of the five-year corporate bond respectively, are: 1.45%, 30.21%, 1.30.
What is corporate bond?A firm can raise funds by issuing debt in the form of corporate bonds.Corporate bonds can be actively traded on the secondary market, but when an investor purchases one, they are actually making a loan to the company in exchange for a number of interest payments.Corporate bonds normally have higher interest rates than U.S. government bonds because they are thought to be slightly riskier in general.The term "Triple-A" bonds is used to describe the highest quality (and safest, lower yielding) bonds, whereas the term "junk" is used to describe the least creditworthy bonds.To learn more about corporate bond visit:
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Which type of involvement has been found to enhance the adjustment of low-income students in their transition to middle school?.
Parental involvement has been found to enhance the adjustment of low-income students in their transition to middle school
What is the positive effect of parental involvement?Parent participation is the working together of the parents and the school to enhance the educational experience and academic success of the children. Numerous studies have revealed how crucial parental involvement in a child's education is to that child's academic achievement. Parental involvement enhances learning outside of the classroom, gives kids a better overall experience, and improves their academic performance. Parents must encourage their children's learning at home as well as in preschool settings. The degree of participation is essential in creating a significant impact on the student's performance. The more the parental involvement, the the higher the impact on the child's academic achievement.
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the lowest monthly commission that a salesman earned was only 1/4 more than 1/3 as high as the highest commission he earned. the highest and lowest commissions when added together equal $1020. what was the lowest commission?
The lowest commission is $189.
What is commission?Commission refers to the remuneration which is in variable form included in the goods and services which is sold, it is a kind of motivation provided to the sales person as a reward.
According to the question, the Commission that a salesman earned is 1/5 more than ¼ as high as the highest commission earned. The computation of the commission is as follows:-
Let x be the highest commission
1.2 (1/4x) + x = $819
1.3x = $819
x = $630
Total commission - highest commission = lowest commission
819 – 630 = $189 is the lowest commission
Therefore, it can be concluded that The lowest commission is $189.
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suppose there is a major technological advance in the production of a good that causes production costs, and thus prices, to fall. if demand for the product is relatively inelastic, what will happen in the market?
The decline in prices will generally outpace the rise in demand.
Make a note about the price elasticity of demand.The amount by which a product's consumption alters in response to price changes is defined as the price elasticity of demand. The formula is as follows:
Price Elasticity of Demand is the division of the percentage change in quantity demanded by the percentage change in price.
Economics experts use the idea of price elasticity to examine how supply and demand for a good or service fluctuate in response to price changes.
Like demand, supply also exhibits price elasticity. Price elasticity of supply is the term that refers to the relation between a price change and a supply change. By deducting the percentage change in price from the percentage change in quantity offered, it is estimated. What things are produced and how much they cost are determined by the interaction of the two elasticities.
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outline 2 advantages to H&H of using secondary market research
the difference in the calculation of the cost-to-retail percentage applying the conventional retail method and the average cost method is that the average cost method: multiple choice includes markups. excludes markdowns. includes markdowns. excludes beginning inventory.
Net markups are included in the traditional retail technique, while net markdowns are not. The retail inventory method is an accounting technique for calculating the market value of a store's inventory.
The retail approach offers the final inventory. Applying various cost flow techniques, estimate ending inventory and cost of goods sold using the retail inventory approach.
Includes markdowns
Net markups are included in the traditional retail technique, while net markdowns are not. The average cost approach takes into account net markups as well as net markdowns.
Includes an initial inventory
The cost-to-retail percentage is only calculated using current-year purchases under the LIFO technique.
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the process of providing management with accurate forecasts of trends related to external changes in geographic areas where the firm currently is doing business or is considering setting up operations is known as
The process of providing management with an accurate forecast of trends relating to external changes in the geographic area in which a company currently does business or is considering setting up operations is known as environmental scanning.
Management is an essential thing for an organization because if there is no management, then an organization will not achieve their goals. The most important function and purpose of management is for organizations to achieve their goals effectively and efficiently. The most common goal of an organization is to satisfy consumers and stakeholders. The most important function and purpose of management is for organizations to achieve their goals effectively and efficiently. The most common goal of an organization is to satisfy consumers and stakeholders.
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in the long-run equilibrium for a perfectly competitive firm, price equals which of the following? group of answer choices minimum short-run average total cost. price. all answers are correct. short-run marginal cost.
Price is higher than long-run average cost. This is NOT a sign of long-run equilibrium for a firm with perfect competition.
Over time, the business will produce at the output level where the long-run average cost is the lowest.
when both the long-term average cost and the long-term marginal cost are included in the pricing
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all of the following are benefits of economic growth except a. political stability. b. urban congestion. c. improved health. d. reduction in illiteracy.
Urban congestion is not a benefit of economic growth.
What is Urban congestion?If a place is busy, the place is very busy and blocked with traffic and people.Major causes of urban congestion include road works, accidents, same-route congestion, and vehicle delays due to large numbers of pedestrians. All of these factors are relatively easy to manage, but surprisingly many solutions have not been provided to economic growth.Urban congestion is caused by many factors, including: B. Poorly maintained or congested roads, local factors such as traffic light patterns in cities, and events such as accidents and road construction.Severe traffic jams can also cause a driver to get into a "road his rage" incident. Economic growth can have minor effects such as increased stress, or larger effects such as vehicle damage, driver or passenger injury or death.To learn more about Urban congestion from the given link :
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you have been asked to provide a quick analysis that will calculate the internal rate of return of the stream of cash flows depicted below. if the discount rate is 10% per year, what is the irr of this proposition? express your answer as the closest whole percent.
Rate of Return - So this answer is very close to zero, So any other answer given answer 29% and 35% will not be true since if be apply these values NPV will go further negative. so the answer is 24%
What is Rate of Return?
A rate of return (RoR) is the net profit or loss of an investment over a specific time period represented as a percentage of the investment's starting cost.
When calculating the rates of return, you are determining a percent change from the beginning to the end of the period. A rate of return (RoR) can be used to any investment scheme, from property investment to securities, stocks, and fine art. The RoR works with any asset as long as it is purchased at one moment in time and generates cash flow at a certain point in the future. Investments are evaluated in part based on past rates of return, that can be compared to assets of the same type to decide which investments are most appealing.
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total unemployment is 5%. frictional unemployment is 2.3% and the economy is at full employment. what is cyclical unemployment? round to 1 decimal place and no percent sign needed.
which ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt? multiple choice fixed-charge coverage ratio times interest earned cash coverage ratio roa
The ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt and is called the time's interest earned ratio.
What is the time's interest earned ratio?Times interest earned ratio is described as a means through which the ability of a firm to fulfill the debts based on current income. It is important to mention that it is also called as interest coverage ratio. The ratio gives a clear indication of the constraints and the relative freedom that a company experiences when meetings debt obligations.
The times earned ratio highlights the ability of a company to pay off its debts through operating income. If a company has a better time interest earned ratio, then the company has sufficient cash with it to pay the debts.
It can be concluded that the ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt and is called the time's interest earned ratio.
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the average fixed cost (afc) curve group of answer choices is u-shaped as a result of diminishing returns. declines as long as output increases. is intersected at its minimum point by marginal cost. intersects the marginal cost curve at its minimum point.
The economies are outweighed by the diseconomies after the point of maximum output, which causes the AC curve to rise. The result is a U-shaped AC curve.
How is the AFC average fixed cost curve shaped?
A rectangular hyperbola could be used to describe the average fixed cost (AFC) curve. It occurs as a result of the fixed cost being divided by rising output. As a result, the AFC curve slopes downward and is a rectangular hyperbola, meaning that the area beneath the curve is constant throughout.
The average fixed cost is L-shaped; why?
The typical fixed expenses Because fixed expenses are spread out over a broader area as production volume grows, the AFC curve slopes downward. The vertical difference between ATC and AVC is equivalent to AFC. The other cost curves' U-shape is explained by variable returns to scale.
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robinson's has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $44 a share. the balance sheet shows $25,000 in the common stock account, $425,000 in the paid in surplus account, and $350,000 in the retained earnings account. the firm just announced a 2-for-1 stock split. how many shares of stock will be outstanding after the split?
50,000 shares of stock will be outstanding after the split.
How do stock splits work?A stock split occurs when a company issues more shares to increase the stock's liquidity. Because a split does not fundamentally alter the company's value, even though the number of shares outstanding rises by a certain multiple, the total dollar value of all outstanding shares stays the same.
Two-to-one and three-to-one split ratios are the most popular (sometimes denoted as 2:1 or 3:1). Accordingly, each stockholder will receive two or three shares, respectively, for each share they had prior to the split.
Calculation:
The number of shares after the stock split equals the number of shares before the stock split multiplied by the stock split ratio (25,000 shares before the stock split).
The stock-split ratio is two to one.
Shares remaining after stock split =25,000*2/1 =50,000 shares
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if a firm with market power is not making enough profit (in equilibrium), a. it will lower price thereby increasing total revenue because demand is elastic. b. it will raise price thereby increasing total revenue because demand is inelastic. c. it will exit the industry in the long run if economic profit is negative. d. it will expand sales until it reaches the unit elastic point on demand.
If a firm with market power is not making enough profit (in equilibrium), .it will expand sales until it reaches the unit elastic point on demand.
Due to its dominant position in the market, the company is able to set either its output level or its price. When the demand elasticity is 1 (or "unit elastic"), any revenue loss brought on by a decline in demand will be made up for by an increase in price, and vice versa. As a result, profit will be as high as possible.
If economic profit is negative, the firm with market dominance will never be able to sustain a long-term profit.
The elasticity of Demand:
The quantity reaction to a change in price is what economists refer to as the elasticity of demand. The coefficient of elasticity is greater than 1 in the presence of elastic demand. The coefficient of elasticity is less than 1 if the demand is inelastic. When the coefficient is exactly equal to 1, this is referred to as unit elasticity.
Hence, Option D is the correct answer.
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Which of the following is true regarding states that have adopted the reasonably foreseeable users test for accountant liability to
third parties?
The reasonably foreseeable users test holds an accountant liable to any third-party who was or should have been foreseen as a possible user of the accountant's work product and did, in fact, use and rely upon that work product for a proper business purpose.
What is accountant?By gathering, monitoring, and making necessary corrections to the company's finances, an accountant assists organisations in making important financial decisions. Financial audits, bank statement reconciliation, and ensuring that financial records are accurate all year long are under their purview.
Account analysis, auditing, and financial statement analysis are examples of professional accounting duties carried out by accountants. Accountants can work for an accounting firm, a sizable business with an internal accounting division, or they can open their own practise.
These four areas of accounting are forensic, corporate, public, and governmental. For any accounting employment, an undergraduate degree is typically a requirement, however prior master's work—especially in the accounting field—is frequently greatly encouraged.
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suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million. what is the labor force participation rate? round your answer to the nearest tenth.
The labor force is divided into employed persons and unemployed persons, the number of unemployed persons is 153.9 - 139.1 = 14.8 million.the adult population has the 83.9/237.8 = 35.3% persons out of the labor force.
All individuals who meet the qualifications to be counted as employed (civil employment plus active duty in the armed forces) or jobless are considered to be part of the labor force, also known as the currently active population. The armed forces comprise individuals from the metropolitan area who were enlisted during the time under review and were selected from the pool of all available labor force. People who are unemployed are those who are not now employed but are actively looking for jobs. This indicator is measured in individuals and is seasonally adjusted. The pool of people who are either employed or unemployed is referred to as the workforce or labor force.
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10. juan foods pays off a long-term debt in full. which one of the following statements describes the effect of the transaction on juan foods? current ratio increases; total debt to equity ratio decreases current ratio decreases; total debt to equity ratio decreases current ratio decreases; total debt to equity ratio increases current ratio increases; total debt to equity ratio increases
The statement that best describes the effect of the transaction on Juan foods is total debt to equity ratio declines as current ratio declines.
Elaborate about liquidity ratio.The current ratio, also known as the liquidity ratio, assesses a company's ability to pay off short-term debts or those due within a year. It explains to investors and analysts how a company can use its current assets to the greatest extent possible to pay down its current liabilities and other payables.
The debt to equity ratio is calculated by dividing a corporation's total liabilities by its shareholders' equity. The DE Ratio is defined as Total Liabilities / Shareholder Equity. Liabilities: Every one of the company's liabilities are regarded here.. If Juan foods pays away its long- term debt completely, the bucks falls, therefore current assets might also increase, but current obligations won't decrease, hence recent ratio will decrease.
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Think of something you recently purchased on impulse. What made you decide to make the purchase? would you buy it again, or do you wish you hadn’t bought it in the first place?.
A purchase is made based on the need or desire of a person.
Making a purchase on impulse means buying something at the instant spot without thinking about it before.
You can make a purchase for items such as a dress on the spot. You took the decision to buy it because it was a beautiful one and although you did not have the budget but you thought that you will cut loose on other items.
Whether we will buy it again or not depends on the budget of the person. If he manages to squeeze the dress into the budget, then he will buy it again. If not, then he will think that he might not have brought it in the first place.
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Which policy sought to further american interests in latin america by using the financial power of american business?.
Dollar diplomacy was the policy sought to further American interests in Latin America by using the financial power of American business.
What is Dollar diplomacy?Dollar diplomacy refers to American foreign policy to minimize threats of military force. The term Dollar diplomacy was introduced by William Howard Taft and his secretary Philander C. Knox in 1912, In order to ensure financial stability of Latin American and Eat Asian countries. Dollar diplomacy refers to the process in which a county's financial power is used to extend international influence.
Dollar diplomacy played an important role in widening the economic markets of America and also established Unites states as a predominant power. Dollar diplomacy helped to boost the struggling economies of Latin American and East Asian countries while expanding the US. The countries like China, Mexico, Dominican Republic and Russia. In spite of the success dollar diplomacy failed to prevent economic instability and revolutions in Mexico, China and Dominican Republic.
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steven consumes only two goods, both of which are normal goods. he is maximizing his utility in consumption of both goods. now assume the price of one of the goods falls. how should steven adjust his consumption after the change in price?
Steve should consume more of the item whose price has decreased and less of the item whose price has not changed.
The income effect and the substitution effect both work in the same direction for normal goods; a decrease in the relative price of the good will increase quantity demanded because the good is now cheaper than substitute goods and because the lower price means that consumers have more total purchasing power.
In general, when the price of one good falls, the demand for another rises, and the two goods are referred to as complements.When the price of one good falls, the demand for another falls, and the two goods are referred to as substitutes.
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entities that place their own shelving in stores and continuously stock the shelves (this, relieving the host store of dealing with this activity) are known as .
Entities that place their own shelving in stores and continuously stock the shelves are known as rack jobbers.
What is an entity and what we call the entities that place their own shelving in stores and continuously stock the shelves?An entity is an existing real collaborative compartment , it could be a single person to a single organization.Here the question is asked about entities that place their own shelving in stores and continuously stock the shelves .Rack jobber is a company that has a deal with retailer to display the sold products.So rack jobber are the entities that place their own shelving in stores and continuously stock the shelves that is relieving the host store of dealing with this activity.To know more about entities visit:
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the recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance. question 33 options: true false
The recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance is a true statement.
What does recency effect refer to?The recency effect is a memory phenomena where individuals tend to accurately recall information that is most recent. It is a cognitive bias whereby the last things, concepts, or arguments are remembered more vividly than the initial ones. The recency effect, in contrast to the primacy effect, is the propensity for people to more readily recall items that are presented last in a list. This is probably because those items were the most recent and are still stored in your short-term memory in the case of the recency effect.
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which are characteristics of clan culture? (choose every correct answer.) multiple select question. promotes a feeling of family structures work environment to aim at effectiveness and efficiency encourages collaboration among employees emphasizes profits over employee development and satisfaction
A feeling of family structure work environment to aim at effectiveness and efficiency is characteristic of clan culture. The correct option is A.
What is the disadvantage of clan culture?Disadvantages of Clan Culture because members don't want outsiders in their group, people believe clan culture organizations are exclusive and cliquish. Instead of diversifying and utilizing a range of skills from other members of the company, they rely too heavily on one another. It might appear exclusive as a result.
Clan cultures emphasize consensus and shared aims and values in a familial or tribal style of work setting. The four primary corporate culture models are divided into clan cultures, which are the most collaborative and least competitive.
Thus, the ideal option is A.
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the customer service representative at the department store who keeps smiling as she listens to the customer bitterly complain about her newly purchased product is engaging in deep acting. group of answer choices true false
The statement is True.
The required details about customer service representative is mentioned in below paragraph.
A customer service representative assists clients who have questions, requests, or issues regarding goods or services they have obtained from the company. The needs of the clients are prioritized at every stage of the procedure, and solutions are provided that are made specifically for those particular problems. Orders are taken, returns are processed, consumers are helped with complaints and inquiries, and information about products and services is given by customer service personnel. Because they help customers understand the products and reply to questions about their reservations, they are occasionally seen as having a role in sales.
The following responsibilities belong to customer service agents:
Maintaining a constant, compassionate, and professional demeanor with customers.
Answering client questions as soon as possible.
Use a variety of avenues to reach out to customers.
Addressing client complaints after they are acknowledged.
Having a thorough understanding of our products to enable you to respond.
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market failure occurs when part 2 a. the market system fails to allocate an equal share of resources to all individuals. b. the market system fails to allocate resources to each individual according to their needs. c. the unrestrained market economy leads to too few or too many resources going to a specific economic activity. d. the market system fails to allocate resources to each individual according to their abilities.
The correct option is c. Market failure occurs when unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Market failure, according to neoclassical economics, occurs when a free market fails to allocate products and services in a Pareto-efficient manner, frequently resulting in a net loss of financial value. Market failures can be seen as situations when people's pursuit of their own self-interest results in inefficient outcomes that can be rectified from a societal perspective. Although the word was first used by economists in 1958, the idea can be found as far back as the Victorian philosopher Henry Sidgwick. Public goods, time-inconsistent desires, asymmetric information, non-competitive markets, principal-agent issues, or externalities are frequently linked to market failures.
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a semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised yield to maturity, and 10 years to maturity. what is the bond's duration?
The bond's duration is 7.035.
What is bond?
A bond is a fixed-income investment that simulates a loan from a shareholder to a lender (typically corporate or governmental). An I.O.U. here between borrower and the lender that specifies the terms of the loan as well as its payments is what is meant by a bond. Businesses, local governments, states, and other types of government use bonds to finance their operations and capital expenditures. The holders of bonds are the issuer's creditors or debtors. Bond details typically include the conditions for the borrower's variable interest payments as well as the end date by which the loan's principal is required to be paid to a bond owner.
price of the bond = 1000 since coupon rate = yield
when rates rise by 1%
N = 10, FV = 1000, PMT = 70, rate = 8%
use pV funciton in Excel
price = 932.8992
when rates fall by 1%
N = 10, FV = 1000, PMT = 70, rate = 6%
use pV funciton in Excel
price = 1073.6009
duration = (1073.6009 - 932.8992)/2*1000*1% = 7.035
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