a) The borrower should choose the second alternative.
b) If the borrower plans to own the property only five years, it may be better to choose the first alternative.
c)If the second mortgage had a 10-year term, the monthly payment would be higher, but the total interest paid would be lower.
a. To determine which alternative is better, we need to calculate the monthly payment for each loan option. The monthly payment for the $220,000 loan at 9.5% for 20 years is $1,965. The monthly payment for the $180,000 loan at 9% for 20 years is $1,545, and the monthly payment for the second mortgage of $40,000 at 13% for 20 years is $494. Therefore, the total monthly payment for the second option is $2,039, which is lower than the first option. Therefore, the borrower should choose the second alternative.
b. If the borrower plans to own the property only five years, it may be better to choose the first alternative. This is because the total interest paid on the second mortgage will be higher than the savings in monthly payments over five years. However, it is important to consider any prepayment penalties and other fees that may be associated with either loan option.
c. If the second mortgage had a 10-year term, the monthly payment would be higher, but the total interest paid would be lower. It is possible that the first alternative may become more attractive in this scenario, depending on the specific terms of the loan options and the borrower's goals and financial situation.
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The economic development of a country is dependent on all of the following except Part 2 A. improving education. B. limiting protectionism in the world economy. C. establishing a stable system of property rights. D. promoting protectionist barriers.
The economic development of a country is dependent on all of the following except promoting protectionist barriers. Hence, option D is correct.
What is Economic Development?
Economic and social development is the process through which the economic well-being and quality of life of a country, region, local community, or an individual are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector.Although the phrase has been widely used in the 20th and 21st centuries, the idea has been around in the West for much longer.The terms "Westernization," "industrialization," and "modernization" are also frequently used when referring to economic progress. Prior to the 1960s, economic development programs tended to place more of an emphasis on infrastructure and industrialization than on reducing poverty.Know more about Economic Development https://brainly.com/question/22690298
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Preferred stockholders are given preference over common stockholders in ______. (Select all that apply)
Preferred stockholders are given preference over common stockholders in payment of dividend and the claim on company assets.
What are Preferred shareholders?Preferred shareholders receive dividend payments prior to common shareholders since they have priority over the company's income. The company's assets are distributed to preferred shareholders, bondholders, and debtors in that order; common investors are paid out last.
A component of share capital known as preferred stock is often regarded as a hybrid instrument since it might have any combination of characteristics that common stock does not, including characteristics of both an equity and a debt instrument.
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The experience curve concept :__________
a) is most important for specialized or customized production. b) is a result of a combination of learning effects and economies of scale. c) suggests that unit manufacturing costs decline by a certain amount each time output is doubled. d) suggests that achieving low costs allows a firm to charge a premium price. e) is a result of a combination of learning effects and economies of scale and suggests that unit manufacturing costs decline by a certain amount each time output is doubled.
Answer (b)
The experience curve concept is a result of a combination of learning effects and economies of scale.
An experience curve basically is a relation between production quantity and the cost of production incurred. The more a company is manufacturing experienced the less the cost incurred of production.
And every single time various economies of scale takes place the firm starts taking steps towards it in the beginning of the process and a low of the cost can be done each time the production doubles.
It is a result of a combination of learning effects and economies of scale and suggests that unit manufacturing costs. Experience cost curves are basically the cost assumption curves done to synthesize and cut firms production cost.
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Research notes that 60 percent of employees say dealing with their boss is the most stressful part of their job. What type of professional relationship is being studied in this research
According to research, dealing with a boss is the hardest part of working for 60 percent of employees. The study of professional interactions is focused on superior-subordinate relationships.
Superior-subordinate relationshipsOn this topic, a great lot has been written and a great many investigations have been done. In earlier writing and study, first-line supervisors and their employees received a lot of attention. This chapter will primarily focus on the relationships between managers and people who are hired for their brains, also known as "knowledge workers," as well as between superior-subordinate relationships within the management structure. The goal of this chapter is to provide a quick overview of the issues surrounding the superior-subordinate relationship, to explore what research has found about them, and to discuss how the structure of the organization can influence how this relationship develops. It emphasizes interpersonal connections rather than the relationship between a supervisor and a group of subordinates.
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Ghada is the CEO of Black Mesa Inc., a publicly traded company. The shareholders want Ghada on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Ghada is
Ghada is already a CEO of Black Mesa Inc. and the shareholders want Ghada to be the member of board of directors because She is a trusted person by the shareholders.
Who is a CEO?CEO is also known as the Chief Executive Officer, A CEO is the highest ranking officer in a company. He/She is usually involved in the key decision making for the company. A CEO has the responsibility of oversighting the executive teams of the company.
Ghada is being voted to be the member of Board of directors by the shareholders because She is trusted by the shareholders, Ghada must have served as a CEO or as an employee of Black Mesa Inc. for a long time and that is why the shareholders have this much trust in her.
Ghada must have made beneficial decisions in the past which could have resulted in a gain for the shareholders.
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f the Fed conducts an open-market sale, bank reserves _____, and the money supply is likely to _____. decrease; decrease increase; increase increase; decrease decrease; increase
If the Fed conducts an open-market sale, bank reserves decrease, and the money supply is likely to decrease.
Open market operationsThe Federal Reserve (the Fed) uses "open market operations" (OMO) to refer to the process of buying and selling U.S. Treasury securities as well as other securities on the open market in order to manage the amount of cash kept in reserve by U.S. banks. The Fed purchases and sells Treasury securities in order to increase the quantity of money in circulation and to decrease long-term interest rates.
The U.S. Federal Reserve uses open market operations to control the amount of money in circulation by buying and selling bonds and other securities. The Fed can utilize these transactions to increase or reduce the amount of money in the banking system and to raise or lower short-term interest rates, depending on the objectives of its monetary policy.
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If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should ________ to maximize profits.
If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production and increase the price to maximize profits.
Who is a monopolist?monopolist serves as the entity that dominates a particular market in term of production, he is the one that has the highest control of the market and make the most profits.
It should be noted that If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production .
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Firms with a very limited advertising budget would be very unlikely to use ________ advertising.
Firms with a very limited advertising budget would be very unlikely to use television advertising.
The process of developing and showing television ads with the intention of promoting a good or service is known as television advertising.
One of the most popular and efficient ways to reach people is through television advertising. This is due to the wide reach, frequency, and effect it provides.
It's crucial to pick the correct time and price to display the advertisement for companies with a tight advertising budget.
A successful advertising campaign is the consequence of making a number of good choices, such as how frequently the advertisement is aired, how many people watch it each time, and the level of engagement it generates.
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When a breach of contract results in no tangible harm to a non-breaching party, it can receive __________ damages from the breaching party.
When a breach of contract results in no tangible harm to a non-breaching party, it can receive nominal damages from the breaching party.
What is breach of contract?Breach of contract is when one of the party to a contract is unable to perform his or her terms of the contract. A contract is meant to satisfy the reasons for which the contract was gone into for both parties.
Elements of breach of contract are :
The existence of a contract.Performance by the plaintiff or some justification for nonperformance.Failure to perform the contract by the defendant.Resulting damages to the plaintiff.Learn more about breach of contract here: https://brainly.com/question/1184001
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How can brokers best meet their responsibility to provide training for associated licensees and employees?
The brokers are able to do this by trying to create the system that would facilitate the training procedures for their employee.
Who is a broker?This is the name that is used to refer to the person that has to act on behalf of another person. The broker is a person that has the capability of acting as a third party when there is a deal between two other parties.
He helps to facilitate the deal for a commission that he is paid when it turns out to be a successful deal.
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What type of level is the most commonly used level in the construction industry?
I-beam is the most commonly used level in the construction industry.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to become part of the pizza industry, the products they make must be marketed.
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When marina purchased several bottles of coke beverages and snacks to bring to her family’s holiday celebration, it represented the purchase of:.
When marina purchased several bottles of coke beverages and snacks to bring to her family’s holiday celebration, it represented the purchase of: consumer products
This is further explained below.
What are consumer products?Generally, Consumer goods, often known as final goods, are items that are purchased by people or families for their own consumption.
In conclusion, While shopping for drinks and food to bring to her family's Christmas gathering, Marina picked up numerous bottles of Coca-Cola.
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A bank account is growing with continuous compounding at a fixed annual interest rate. the balance of the bank account doubles in 6 years. which formula could be used to find the interest rate?
The formula that can be used to find interest rate is Interest rate = (In 2) / 6.
What is the formula that can be used to determine the interest rate?When a bank account is growing with continuous compounding, it means that both the interest accrued and the amount deposited increases continually over a specified period of time.
When the investment doubles, it means that if the future value of the investment is divided by the present value of the investment, the value would be two.
Interest rate = (In FV / PV) / number of years it would take the investment to double
Where:
FV = future value PV = present value FV / PV = 2Interest rate = (In 2) / 6
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The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as
The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as promotional mix.
What is promotional mix?Promotional mix consist of all activities such as advertising, personal selling in order to promote immediate sales.
They are collections of tools an organization uses for its promotional purpose with the ultimate objective of attracting customers and increasing sales. It is a blend of promotional variables chosen by marketers to help a firm reach its goals.
The elements that make up promotional mix are:
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Which of these items is detrimental to the seller's bargaining position in the purchase contract during contract negotiations
The items that are detrimental to the seller's bargaining position in the purchase contract during contract negotiations are:
Credit terms and delivery terms and conditionsHow complaints will be resolvedDelivery schedulesHow the furniture will be designedThis is further explained below.
What are negotiations?Generally, When there is a breakdown in communication, the term "negotiation of meaning" is used to describe the effort that must be done by interlocutors in order to come to an agreement with one another.
In conclusion, During the negotiating process for the purchase contract, the following are some of the factors that work against the seller's ability to strike a favorable deal:
Conditions pertaining to both credit and delivery may be found here.How concerns will be addressed and resolvedThe delivery timetablesThe manner in which the furniture will be fashioned.Read more about negotiations
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If a company decreases its selling price by $4 per unit, due to a decrease in its direct material cost of $4 per unit, the break-even point in units will?
There would no change in the break-even point .
What is breakeven point?
It is the point at which the firm makes zero profit, I mean the number of units the firm needs to sell in order to cover all costs, such that revenue is the same as total costs.
Initially, breakeven point is the fixed costs divided by the contribution margin per unit(i.e. selling price minus variable cost per unit)
Let assume fixed cost is $100,000
Selling price=$40
variable cost=$20
Initial breakeven point=$100,000/($40-$20)
Initial breakeven point=5,000 units
Now selling price and variable cost would reduce by $4 each
breakeven point now=$100,000/($36-$16)
breakeven point now=5,000 units
Overall, the breakeven point would remain the same before the reduction in selling price and variable cost as well as after the reduction.
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In this situation in which there is a in autonomous expenditures, in each successive round that the multiplier is applied:_______.
The situation in which there is an autonomous expenditures, in each successive round that the multiplier is applied. This statement is true.
This all happens due to the expenditure multiplier in the economy.
The expenditure multiplier shows the impact of the change in autonomous spending on the total spending as well as the aggregate demand in the economy.
In order to find the expenditure multiplier, first of all divide the final change in real GDP by the change in autonomous spending of the economy.
The expenditure multiplier is also able to tell us how much more or less spending is needed to exit from an output gap.
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Deon is an aesthetician at a busy salon. In order to reach her sales goal for the month, she sometimes lies to clients who call to make an appointment with someone else by saying that she is the only aesthetician available for an appointment. This illustrates which problem associated with evaluating job performance on results alone?
This illustrates social underlining and sabotaging to make the bottom-line results problem associated with evaluating job performance on results alone. Some people struggle for the majority of their lives with intense cravings for food, alcohol, gambling, or other temptations that have a severe impact on their relationships or health.
What is Self Sabotage?When behavior causes issues in daily life and obstructs long-term goals, it is considered to be self-sabotaging.Procrastination, self-medication with drugs or alcohol, comfort eating, and acts of self-injury like cutting are among the most prevalent self-destructive activities.The factors that cause self-sabotage, however, can also be subtler. For instance, a buildup of erroneous and dysfunctional ideas might cause someone to underrate their skills, repress their emotions, or snap at those around them.Know more about self sabotage https://brainly.com/question/2295115
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Cocaine, __________, and heroin freely available to adults could be used by youngsters as easily as cigarettes and alcohol are.
Cocaine, methamphetamine, and heroin are freely available drugs to adults and could be used by youngsters as easily as cigarettes and alcohol.
Drugs
The above pharmaceuticals are all instances of TERATOGENS. Teratogens are chemicals that lead to embryonic deformity and birth abnormalities in newborns. Teratogens come in many forms, including medications, chemicals, radiation, maternal infections, etc. These drugs have a variety of effects; they can immediately end a pregnancy or result in an improperly formed child. Thus, the intake of drugs has to be banned.
Any chemical or action that prevents a fetus from developing normally while it is inside the mother is considered a teratogen. Examples include medications (both prescription and over-the-counter), toxins, maternal undernourishment, infectious infections, etc.
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Developing and establishing professional contacts that can assist you in finding employment is?
It is called networking.
Networking is the informal social exchange of information and ideas between people who share a profession or a common interest. Networking frequently begins with a single point of commonality.
Networking is making use of personal, commercial, academic, or family relationships to help with a job hunt, attain career objectives, learn more about your industry, or another sector in which you'd like to work. Networking might help you learn about career prospects or gain access to a firm one want to work for.
Therefore, the answer is networking.
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If an owner terminates an exclusive right to sell agreement prior to closing on the property, but the listing broker introduced the buyer to the seller, who is entitled to the commission?
The listing broker introduced the buyer to the seller, who is entitled to the commission as the original listing broker.
A booking is a character or company that acts as a middleman between an investor and a securities change. A broker also can check with the position of a firm while it acts as an agent for a patron and prices the consumer a fee for its services.
In preferred phrases, a broker is a person who buys and sells matters on behalf of others. they are the middlemen among events. In inventory marketplace jargon, a dealer is an individual or a company that executes 'purchase' and 'promote' orders for an investor for a fee or fee.
The definition of a dealer is someone who buys and sells matters on behalf of others. someone who you hire to shop for a stock for you on the inventory trade is an example of a dealer.
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The ability to negotiate a mutually advantageous outcome with people from other cultures is a characteristic of a business professional with?
The ability to negotiate a mutually advantageous outcome with people from other cultures is a characteristic of a business professional with high cultural intelligence.
If a business professional has a characteristic of high cultural intelligence, this knowledge helps them to relate to others with empathy and understanding, and this characteristics brings advantageous outcome while negotiating.
Cultural intelligence is a measure of one's ability to work with and adapt to members of other cultures. The ability to approach cross-cultural business relationships is a characteristic of high cultural intelligence.
Hence, a business professional with high cultural intelligence is attuned to the beliefs, and values of people from different cultures.
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An advantage of the partnership form of business organization is:
Advantages of a partnership consist that: two heads (or greater) are better than one. Your business is simple to establish and begin-up fees are low. more capital is to be had for the enterprise.
A partnership business is straightforward to shape since very minimum prison approaches are required. A partnership enterprise has a limitless liability, which influences the financial assets of the companions. The partnership may be without problems dissolved on insolvency retirement or loss of life of an associate, and no felony procedures are required.
The advantages of a partnership are more control abilities, more possibility of retaining equipped workers, more sources of financing, ease of formation, and freedom to control.
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Job order cost systems assign costs to: none of these answer choices. both custom jobs and mass produced products. similar products that are mass produced. specific (e.g. custom) jobs.
specific (e.g. custom) jobs
Systems for assigning costs to specific (such as custom) jobs in job orders
Job order cost - The cost of manufacturing each product is calculated using the job order technique of pricing. This costing method is typically used when the producer has to determine the cost of performing a specific task while producing a number of items that differ from one another.
The profitability of a job can be ascertained via job order costing. It aids the business in estimating the cost of the materials, labor, and overhead that will be incurred when carrying out that specific job. Effective job order costing enables businesses to provide quotations that are affordable enough to be appealing to customers while maintaining a profit margin.
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Compared to the 80 million or so households in the u. s. consumer market, there are:________
Answer:
few customers in the B2B market
Explanation:
What are two inputs to the solution vision?
Customer feedback and Strategic Themes are two inputs to the solution vision.
A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.
The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.
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After several United Airlines flights were canceled because of bad weather, reservation clerks had to scramble to get passengers rerouted to their destinations on other flights and/or airlines. This is primarily an example of
After several United Airlines flights were canceled because of bad weather, reservation clerks had to scramble to get passengers rerouted to their destinations on other flights and/or airlines. This is primarily an example of adaptive task performance. This is further explained below.
What is adaptive task performance.?Generally, The capacity of a person to adjust to quickly changing work settings is what is meant by "adaptive performance." Problems can be solved imaginatively, ambiguity can be managed, new tasks can be learned, adaptation in interpersonal relationships can be shown, and emergencies can be handled. These are all aspects of adaptive performance.
In conclusion, Because of the inclement weather, numerous flights operated by United Airlines had to be canceled, and reservation clerks had to work quickly to rebook customers on other flights and/or airlines so that they could reach their final destinations. First and foremost, this is an illustration of adaptable task performance.
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The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. increase in assets and an increase in liabilities increase in one asset and a decrease in another asset increase in assets and a decrease in liabilities decrease in assets and a decrease in liabilities
The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.
What is a journal entry?Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.
In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.
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________ cash flows arise from intracompany and intercompany receivables and payments while ________ cash flows are payments for the use of loans and equity.
The two cash flows described in the statement are respectively; Operational and Financing
What is the type of Cash Flow?The first blank part is called Operational Cash Flows because it is a measure of the amount of cash generated by a company's normal business operations.
The second blank part is called Financing Cash flows because it shows the net flows of cash that are used to fund the company and its capital.
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which is a way to increase your net worth
Ways to increase your net worth are
Contribute more money to your retirement fund.Reduce your spending.It's time to get rid of high-interest loans.Make a contingency fund. This is further explained below.What is net worth?Generally, taking into consideration all financial assets and obligations of a person/company/household.
In conclusion, Consolidate or renegotiate your debts.
Keep your vehicles for as long as you can.
Boost your wages
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