Which of the following terms are associated with over-the-counter (OTC) trading?
1. Market maker.
2. Specialist.
3. Auction market.
4. Negotiated market.
A. 1 and 3.
B. 1 and 4.
C. 2 and 4.
D. 2 and 3.

Answers

Answer 1

Answer:

B. 1 and 4.

Explanation:

option 4) negotiated market

Since OTC trading involves stocks that generally come from companies that cannot trade in large stock exchanges, OTC traders usually negotiate directly with each other. In order for stocks to trade in large stock markets, they must fulfill certain requisites and many small companies cannot do it.

option 1) market maker

Traders that operate in secondary markets are called market makers. The two types of secondary markets are OTCs and exchange markets (large trading markets like NYSE, Nasdaq). Market makers also trade in primary markets. Traders that act on primary markets are the underwriters that carry out the IPOs.

Stocks that trade via OTC are typically smaller companies that cannot meet exchange listing requirements of formal exchanges. ... OTC securities trade by broker-dealers who negotiate directly with one another over computer networks and by phone using the OTCBB.


Related Questions

Elm Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $420,000 $350,000 Work in process inventory 400,000 275,000 Finished goods inventory 200,000 125,000 During 2020, $750,000 of raw materials were purchased, direct labor costs amounted to $560,000, and manufacturing overhead incurred was $630,000. The total raw materials available for use to assign to production during 2020 for Elm Company is Group of answer choices

Answers

Answer:

$680,000

Explanation:

The computation of the raw material allocated to production is shown below:

As we know that

Raw materials used in production = Beginning raw materials + Purchase of raw materials -  Ending raw materials

= $350,000 + $750,000 - $420,000

= $680,000

I have one problem in solving this accounts question. Please help me to find this answer

I have one problem in solving this accounts question. Please help me to find this answer

Answers

Based on the information, the Account to be debited and Account to be credited so given below.

How to explain the information

(a) Bought office machinery on credit from D Isaacs Ltd.

Account to be debited - Office Machinery

Account to be credited - Accounts Payable (D Isaacs Ltd)

(b) The proprietor paid a creditor, C Jones, from his private funds.

Account to be debited - Accounts Payable (C Jones)

Account to be credited - Owner's Equity (Private Funds)

(c) A debtor, N Fox, paid us in cash.

Account to be debited - Cash

Accounts Receivable (N Fox)

(d) Repaid part of loan from P Exeter by cheque.

Account to be debited - Loans Payable (P Exeter)

Cash

(e) Returned some office machinery to D Isaacs Ltd.

Account to be debited - Accounts Payable (D Isaacs Ltd)

Office Machinery

(f) A debtor, N Lyn, pays us by cheque.

Account to be debited - Cash

Accounts Receivable (N Lyn)

(g) Bought van by cash.

Account to be debited - Van

Cash

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What is an incentive

Answers

Answer:

An incentive is something that motivates or encourages a person to take a specific action. Incentives can be positive, such as a reward or a benefit, or negative, such as a punishment or a cost. Incentives can be used to influence behavior and decision-making, and they are often used in economic and business contexts to motivate employees, consumers, or other stakeholders. Incentives can take many forms, including financial rewards, recognition, privileges, or other benefits.

Suppose you have $100 in a saving account earning 2 percent interest a year.after five year how much would you have

Answers

Answer: Roughly $110.40

Explanation:

100 x (1.02)^5

The 1.02 is just 100 percent of the number plus the 2 percent interest you make.

Answer:

$110.41

Explanation:

Provided that the interest is a "compounding interest," you will have $110.41 in 5 years. A compounding interest allows you to calculate the interest you can earn on your accumulated interest over time in addition to your deposit.

Let's calculate the interest on a yearly basis.

1. First year = $100 x 20% (0.02) = $2

You have to add $2 to the initial deposit of $100.

$100 + $2 = $102

2. Second year = $102 x 20% (0.02) = $2.04

$102 + $2.04 = $104.04

3. Third year = $104.04 x 20% (0.02) = $2.0808

104.04 + $2.0808 = $106.1208

4. Fourth year = $106.1208 x 20% (0.02) = $2.122416

$106.1208 + $2.122416 = $108.243216

5. Fifth year = $108.243216 x 20% (0.02) = $2.16486432

$108.243216 + $2.16486432 = $110.408 or $110.41

After five years, you will have $110.41.

Catalog companies are committed to selling at the prices printed in their catalogs. a. If a catalog company finds its inventory of sweaters rising, what does that tell you about the demand for sweaters? multiple choice 1 Demand was unexpectedly high. Demand was unexpectedly low. Demand was as expected.

Answers

Answer:

The demand for sweaters was unexpectedly low.

Explanation:

If the inventories are rising for sweaters then we know that demand for sweaters must be falling. This is because prices are fixed, so this implies that people are buying less of the good due to a decrease in demand.  In most circumstances, this accumulation of inventories suggests that the demand for sweaters was unexpectedly low since companies try to smooth out production to minimize costs.

Cash flows from investing activities do not include cash flows from:a. Lending.b. The sale of equipment.c. Borrowing.d. The purchase of land and buildings.

Answers

Answer:

c. Borrowing

Explanation:

Borrowing in the Cash flow section is a financing activity for an organisation. Neither does it relates to Operating nor investing activities section. Cash flow from investing activities is the section on the cash flow statement that reports changes resulting from amounts spent activities such as investments in capital assets such as plant and equipment, investments.

Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.

Answers

The question is about the Compensation of professionals and its issues.

The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.

Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.

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Capstone Publishers Inc. collects 50% of its sales on account in the month of the sale and 50% in the month following the sale. If sales on account are budgeted to be $309,000 for April and $355,000 for May, what are the budgeted cash receipts from sales on account for May

Answers

Answer:

the  budgeted receipts from sales on account is $332,000

Explanation:

The computation of the budgeted receipts from sales on account is given below;

= $309,000 ×50% + $355,000 × 50%

= $154,500 + $177,500

= $332,000

Hence, the  budgeted receipts from sales on account is $332,000

The above method should be applied for determining the  budgeted receipts from sales on account

All of the following lead people to be credit constrained except a person's credit history. savings. collateral. banking regulations. b. The most important consequence of credit constraints on individuals is difficulty in obtaining gainful employment. an ability to retire at an earlier age. lower interest rates on bank loans. an inability to smooth consumption.

Answers

Answer:

Banking regulations Lower interest rates on bank loans.

Explanation:

Being credit constrained means that one is unable to borrow because the lenders do not think the individual is capable of paying back.

A person's credit history, savings level and collateral are all very useful in determining if they have the ability to pay back debt. Banking regulations do not directly lead to a credit constraint.

Lower interests on bank loans is only given to more creditworthy entities whom the bank feels will be able to pay back. A credit constrained person is risky and will therefore draw a higher rate from banks to balance that risk.

Credit constraints mean the inability of a person to borrow money from the market. the banking regulations and lower interest rates are the exceptions for persons credit-constrained.

What is credit constrained?

It is the inability of a borrower to borrow more money from the lender because, in the opinion of the lender, the borrower does not have the creditworthiness that he/she would pay the debt in time.

The following are the exception to persons being credit-constrained :

The Banking regulationsBank loan with lower interest rate.

Therefore, it can be said the above option aptly explains the exception that leads to persons being credit-constrained :

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Kaelyn's mother, Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins from Judy's home every day). Since Judy is a relative, Kaelyn made sure, for tax purposes, to pay her mother the going rate for child care ($6,460 for the year). What is the amount of Kaelyn's child and dependent care credit if her AGI for the year was $37,600

Answers

Answer:

Kaelyn's child and dependent care credit is:

$2,100.

Explanation:

a) Data and Calculations:

Going rate for child care for twins = $6,460

Maximum allowed = $6,000

Kaelyn's AGI for the year = $37,600

Percentage of child and dependent care credit = 35% of the allowed maximum for two children

b) The maximum qualified child and dependent care expense is $6,000 ($3,000 each) that Kaelyn can claim for the twins.  Therefore, her child and dependent care credit is 35% of $6,000, which equals $2,100.

An application of the Law of Supply is,

Answers

Answer:The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Supply in a market can be depicted as an upward sloping supply curve that shows how the quantity supplied will respond to various prices over a period of time.

Explanation:

The primary goal of market research by entrepreneurs is to:


a) Reduce costs
b) Analyze data
c) Make better decisions
d) None of the above

Answers

The primary goal of the market research by entrepreneurs is to make better decisions.

Market research is referred to as an activity which is undertaken by the entrepreneurs in order to get the required information which is thus about the needs and also the preferences of the consumer who are in their target market.

Market research allows companies in order to understand the demand as well as the viability of their product and in order to see how it might perform in the real world. Thus, market research tends to help the entrepreneur in finding out their rivals in the business.

Hence, option C is correct.

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E13.5 (LO 1 ) (Adjusting Entry for Sales Tax) During the month of June, Rowling Boutique recorded cash sales of $233,200 and credit sales of $153,700, both of which include the 6% sales tax that must be remitted to the state by July 15. Instructions Prepare the adjusting entry that should be recorded to fairly present the June 30 financial statements.

Answers

Answer:

The entries that record the sales tax should be:

June X, 202x, for cash sales

Dr Cash 233,200

    Cr Sales revenue 219,208

    Cr Sales tax payable 13,992

June X, 202x, for credit sales

Dr Accounts receivable 153,700

    Cr Sales revenue 144,478

    Cr Sales tax payable 9,222

The journal entry to record the payment of sales tax:

July 15, 202x, payment of sales taxes

Dr Sales tax payable 23,214

    Cr Cash 23,214

You must record sales taxes at the moment that the sale is made, crediting a liability (sales tax payable) along with the revenue account.

Q: A company does not pay for this type of advertizing
A.) Direct Marketing
B.) Sponsorship
C.) Publicity
D.) Sales Promotion

Answers

Answer:

Publicity is da answer btw: ur profile pic is cute

Explanation:

answer:

C.)Publicity

Explanation:

Hope it helps and I hope you have a wonderful rest of your day!!!! :)

Hope it helps and I hope you have a wonderful rest of your day!!!! :)Brainiest is appreciated it would really help me

Coast-to-Coast Shipping Company's general manager reports quarterly to the
company president on the firm's operating performance. The company uses a
budget based on detailed expectations for the forthcoming quarter. The general
manager has just received the condensed quarterly performance report shown
below.
Budget Actual Variance
Net revenue $8,000,000 $7,600,000 $400,000 U
Fuel $160,000 $157,000 $3,000 F
Repairs and maintenance 80,000 78,000 2,000 F
Supplies and miscellaneous 800,000 788,000 12,000 F
Variable payroll 5,360,000 5,200,000 160,000 F
Total variable costs* $6,400,000 $6,223,000 $177,000 F
Supervision $160,000 $164,000 $4,000 U
Rent 160,000 160,000 ___
Depreciation 480,000 480,000 ___
Other fixed costs 160,000 158,000 2,000 F
Total fixed costs $960,000 $962,000 $2,000 F
Total costs charged against Revenue $7,360,000 $7,185,000 $175,000 F
Operating income $640,000 $415,000 $225,000 U
U = Unfavorable F = Favorable
*For purposes of this analysis, assume that all these costs are totally variable with respect to sales
revenue. In practice, many are mixed and have to be subdivided into variable and fixed components
before a meaningful analysis can be made. Also assume that the prices and mix of services sold remain
unchanged.
Although the general manager was upset about not obtaining enough revenue, she was happy that her
cost of performance was favorable; otherwise her net operating income would be even worse.
The president was totally unhappy and remarked: "I can see some merit in comparing actual
performance with budgeted performance because we can see whether actual revenue coincided with our
best guess for budget purposes. But I can't see how this performance reports helps me evaluate cost
control performance."
Required:
1. Prepare a columnar flexible budget for Coast-to-Coast Shipping at revenue levels of $7,000,000;
$8,000,000; and $9,000,000. Assume that the prices and mix of products sold are equal to the budgeted
prices and mix.
2. Express the flexible budget for costs in formula form.
3. Prepare a condensed table showing the master (static) budget variance, the sales volume variance,
and the flexible budget variance

Answers

1. Columnar Flexible Budget:

$7,000,000 $8,000,000 $9,000,000

Net Revenue $7,000,000 $8,000,000 $9,000,000

Fuel $140,000 $160,000 $180,000

Repairs and Maintenance $70,000 $80,000 $90,000

Supplies and Miscellaneous $700,000 $800,000 $900,000

Variable Payroll $4,690,000 $5,360,000 $6,030,000

Total Variable Costs* $5,600,000 $6,400,000 $7,200,000

Supervision $140,000 $160,000 $180,000

Rent $160,000 $160,000 $160,000

Depreciation $480,000 $480,000 $480,000

Other Fixed Costs $160,000 $160,000 $160,000

Total Fixed Costs $940,000 $960,000 $960,000

Total Costs $6,540,000 $7,360,000 $8,160,000

Operating Income $460,000 $640,000 $840,000

2. Formula for Flexible Budget Costs:

Total Variable Costs = (Variable Cost per Unit * Net Revenue) + Total Fixed Costs

3. Condensed Table:

Variance Master (Static) Budget Sales Volume Variance Flexible Budget Variance

Net Revenue $400,000 UF $0 $200,000 UF

Total Costs $175,000 F $0 $50,000 F

Operating Income $225,000 U $0 $150,000 U

The Master (Static) Budget Variance is the difference between the budgeted net revenue and the actual net revenue. In this case, it is an unfavorable variance of $400,000.

The Sales Volume Variance is the difference between the flexible budget net revenue and the budgeted net revenue. Since there is no change in the sales volume, this variance is zero.

The Flexible Budget Variance is the difference between the flexible budget total costs and the actual total costs. In this case, it is a favorable variance of $50,000. This indicates that the company was able to control costs better than anticipated.

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Select two ratios that are equivalent to 2:9

Answers

Answer:

4:18 and 8:36

Explanation:

Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)

Note: Round your answer to the nearest cent.

Answers

If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is :  $3071.

What is monthly payment?

Monthly payment can be defined as the amount a person received on a monthly basis.

First step is to convert the month to  year

Month to year = 24 / 12

Month to year = 2 years

Second step is to find the interest using this formula

I = P × R×T

Where:

I = Interest

P = Principal

R = rate

T = time

Hence

I = 63,000 × 2 × 8.5%

I = 10,710

So,

P+ I = 63,000 + 10,710

P+I = 73,710

Now let find the monthly payment:

Monthly payment = 73,710 / 24 months

Monthly payment = $3,071.25.

Monthly payment = $3,071 (Approximately)

Therefore the monthly payment is the amount of $3071

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What is one or more printed or electronic pages of information issued to generate publicity or shed light on a subject of interest.

Answers

News release is the one or more printed or electronic pages of material released to raise awareness of something or shine light on it. The option (E) is correct.

What does public relations publicity mean?

Any information shared with the public through the media that has the power to alter public perception of a brand, organisation, person, or product is referred to as publicity. There is a mix of good and bad news because the entity being discussed doesn't manage or control the information.

What is an illustration of public relations and publicity?

Campaigns in traditional media, sponsorships, product placement, social media campaigns, consumer education, and corporate social responsibility are a few examples of public relations.

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The complete question is below:-

A _____ is one or more printed or electronic pages of information issued to generate publicity or shed light on a subject of interest.

A. feature article

B. house organ

C. press bulletin

D. media announcement

E. news release

Explain three rights that consumers have when buying a service for example hiring a plumber to install a new shower

Answers

The three consumer rights that consumers have when buying a service are the right to be informed, the right to choose, the right to safety.

What are consumer rights?

The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to choose, the right to safety, the right to be heard, the right to have problems corrected, the right to consumer education, and the right to service, according to the bill.

Access to essential goods and services such as adequate food, shelter, clothing, health care, education, and sanitation - basic needs that should be available to all consumers - is defined as service.

Therefore, consumer right are essential when buying a service.

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Since you are selling friendship bracelets online, the Internet service provider (ISP) is your agent.
True
False

Answers

Answer:

false

Explanation:

the internet service provider is a service for internet not an agency

Answer:

true on edgin

Explanation:

Blue Plate Construction organized in December and recorded the following transactions during its first month of operations.

Dec. 2 Purchased materials on account for $400,000. Dec. 3 Used direct materials costing $100,000 on job no. 100.
Dec. 9 Used direct materials costing $150,000 on job no. 101. Dec. 15 Used direct materials costing $30,000 on job no. 102.
Dec. 28 Applied the following direct labor costs to jobs: job no. 100, $9,000; job no. 101, $11,000; job no. 102, $5,000.
Dec. 28 Applied manufacturing overhead to all jobs at a rate of 300% of direct labor dollars.
Dec. 29 Completed and transferred job no. 100 and job no. 101 to the finished goods warehouse.
Dec. 30 Sold job no. 100 on account for $200,000.
Dec. 31 Recorded and paid actual December manufacturing overhead costs of $78,000, cash.
Dec. 31 Closed the Manufacturing Overhead account directly to Cost of Goods Sold.

Required:
a. Prepare journal entries for each of the above transactions.
b. Compute the amount at which Cost of Goods Sold is reported in the company's income statement for the month ended December 31.
c. Determine the inventory balances reported in the company's balance sheet dated December 31.
d. Was manufacturing overhead in December overapplied, or was it underapplied?

Answers

Answer:

a. Journal entries

Dec. 2

Raw Materials $400,000 (debit)

Accounts Payable $400,000 (credit)

Dec. 3

Work In Process : job no. 100 $100,000 (debit)

Raw Materials $100,000 (credit)

Dec. 9

Work In Process : job no. 101 $150,000 (debit)

Raw Materials $150,000 (credit)

Dec. 15

Work In Process : job no. 102 $30,000 (debit)

Raw Materials $30,000 (credit)

Dec. 28

Work In Process : job no. 100 $9,000 (debit)

Work In Process : job no. 101 $11,000 (debit)

Work In Process : job no. 102 $5,000 (debit)

Salaries Payable $100,000 (credit)

Dec. 28

Work In Process : job no. 100 $27,000 (debit)

Work In Process : job no. 101 $33,000 (debit)

Work In Process : job no. 102 $15,000 (debit)

Overheads $75,000 (credit)

Dec. 29

Finished Goods : job no. 100 $136,000 (debit)

Finished Goods : job no. 101 $194,000 (debit)

Work In Process : job no. 100 $136,000 (credit)

Work In Process : job no. 101 $194,000 (credit)

Dec. 30

Accounts Receivable $200,000 (debit)

Cost of Sales :  job no. 100 $136,000 (debit)

Sales Revenue $200,000 (credit)

Finished Goods : job no. 100 $136,000 (credit)

Dec. 31

Overheads $78,000 (debit)

Cash $78,000 (credit)

Dec. 31

Cost of Sales $3,000 (debit)

Overheads $3,000 (credit)

b. Cost of Goods Sold

Cost of Sales :  job no. 100              $136,000

Add Under - Applied Overheads        $3,000

Cost of Goods Sold                          $139,000

c. inventory balances

Work In Process Balance                 $50,000

Finished Goods Balance                 $194,000

Raw Materials Balance                    $120,000

d. Manufacturing Overheads Application

Manufacturing Overheads were under-applied by $3,000

Explanation:

Raw Materials Balance :

Raw Materials Purchase                $400,000

Less Materials Used

job no. 100                                     ($100,000)

job no. 101                                      ($150,000)

job no. 102                                      ($30,000)

Raw Materials Balance                 $120,000

Work In Process Balance :

Only job no. 102 was yet to be completed

Costs of this job is as follows :

Raw Materials                                   $30,000

Direct Labor                                        $5,000

Overheads                                         $15,000

Work In Process Balance                 $50,000

Finished Goods Balances :

Only Job 101 was completed and yet to be sold

Raw Materials                                   $150,000

Direct Labor                                        $11,000

Overheads                                         $33,000

Finished Goods Balance                 $194,000


A loss is when:
A. Revenue is greater than expenses.
C. Revenue is equal to expenses.
B. Revenue is less than expenses.
D. None of the above.

Answers

Answer: B. Revenue is less than expenses.

Explanation:

B: Revenue is less then expenses

inbound tourism impact on price

Answers

Inbound tourism helps to generate revenue from foreign shores. Inbound and domestic tourism create job opportunities. Inbound and domestic tourism stimulate the development of infrastructure. It generates opportunities for small scale local businesses.

Increased capital investment is generally used for what business expenses?
A:capital expenditures
B:employee compensation
C:inventory purchases
D:health insurance

Answers

A. Capital expenditures

which option is best described as a complementary good for trucks?
A. truck blogs
B. Truck Fuel
C. Truck factories
D. Truck regulations

Answers

The option that is best described as a complementary good for trucks is A. truck blogs.

What is complementary good ?

A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.

A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.

Therefore, option A is correct.

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Which of the following is a consideration when choosing a form of
business organization?

Answers

Available options are:

A. The time of year that the business was established

B. The ease with which the founder of a business can transfer ownership to someone else

C. The degree of competition faced by the business

D. The type of product manufactured by the business

Answer:

The ease with which the founder of a business can transfer ownership to someone else

Explanation:

Given that a form of business organization can be either of any Sole proprietorship, Partnerships, or Corporations. Hence there are many fundamental factors to consider by the business owner when choosing a form of business organization. Some of these includes:

1. Cost of Establishment and Financing

2. Level of Control

3. Level of Profits to Share

4. Degree of Taxation.

5. Continuity and Transferability.

6. Risk Tolerance.

Hence, considering the available options, the correct answer is "The ease with which the founder of a business can transfer ownership to someone else"

Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?

Answers

The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)

\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

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Which of these loan options is strongly recommended for first-time buyers? Choose all that apply. Adjustable-rate Contract for deed Balloon Fixed-rate Interest-only

Answers

Answer:

Fixed-rate

Explanation:

Fixed-rate loans and mortages are those that have a specific interest rate, and a specific payment that will not ever change over the duration of the loan because both are fixed. In other words, a fixed-rate loan is simply a annuity payment over a particular period of time.

For first-time buyers this is the easiest option because it is simple, it can be easily projected over time, and helps with financial planning.

am 16 years old and I love little kids. I like to organize special events—like birthday parties for children. I have decided that a great way to earn extra money is to provide families with children’s birthday parties for a modest fee. I do it all—arrange the food, supply the music, decorate the party room, play games, give away small prizes, even play the part of Bongo, the Birthday Clown. Families I know love the idea. I have an advertising plan figured out, with posters to put up at the local grocery stores.

What type of business organization do you recommend? Why?

Answers

The type of business organization recommended in this case is the sole proprietorship, which is a business managed by a single person, with greater facilities to start up.

Sole Proprietorship characteristics

It is owned and managed by only one person, with no legal distinction between the company and the owner, that is, it is an unincorporated company, whose owner is responsible for paying personal income taxes on the company's profits.

Therefore, the advantages of a sole proprietorship are the reduction of bureaucracy and interest rates, giving the owner greater possibility of creating and maintaining the business.

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Step One: You have graduated from college and have established a career. You have been working with the same company for three years. You have saved up $10,000 and need to decide how you will save and invest this money. Your goal is to save as much money in five years as you can for a down payment on a house. Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you will use. The outline also shows the amount or percentage you will put into each savings account or investment. For this project, evaluate and select at least three investments or savings accounts. Upload the document. Step Two: Select specific accounts and investments. For example, if your outline includes investing $1,000 in stock, research and select a stock. Create a portfolio with a spreadsheet or word processor. See the example below:

Step One: You have graduated from college and have established a career. You have been working with the

Answers

Answer12

Explanation: so it is 6+6+22=2

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