519 Answered Questions for the topic Business
Why did banks withdraw all loans and stop all borrowing/lending activity in 2007?
a. Banks needed to make sure they could keep lending to those who really needed it, like small businessb. Banks balance sheets were reduced when the value of their portfolio fell drastically with... more
Why did the subprime market become so profitable in the 2000’s?
a. A whole new market for subprime loans emerged as the subprime loans were combined with insurance products into new types of derivatives and investment securities that were highly rated by credit... more
Why did the price of housing increase during the 2000’s?
a. The banks raised lending standardsb. The supply of housing was stagnant while demand was increasingc. Subprime mortgages increased allowing a whole new sector to purchase homesd. Banks and... more
Please Help! Helgeson Company has identified the following items for possible inclusion when taking a physical inventory. Indicate whether each item should be included or excluded from the inventory.
Helgeson Company has identified the following items for possible inclusion when taking a physical inventory. Indicate whether each item should be included or excluded from the inventory, explain... more
Find two nonnegative numbers whose sum is 16 and so that the product of one number and the square of the other number is a maximum. Round the answer to three significant digits.
need help answering this question:
A small industry produces two items, 1 and 2. It operated at capacity and makes a profit of $6 on each item 1 and $4 on each item 2. The following table gives the hours required to produce each... more
Suppose a person invests a total of $10,000 in two accounts. One account earns 8% annually and the other earns 9% annually. ... (continues in description)
Suppose a person invests a total of $10,000 in two accounts. One account earns 8% annually and the other earns 9% annually. If the total interest earned from both accounts in a year is $860, how... more
Jacob deposited a total of $2000 with two different savings institutions.
Jacob deposited a total of $2000 with two different savings institutions. One pays interest at a rate of 4% per year, whereas the other pays interest at a rate of 10% per year. If Jacob earned a... more
The Internet has done wonders for companies, allowing them to connect with customers all over the world. The Internet is also a massive distraction for employees. Facebook, Twitter,... more
The Digital Divide
Does the current way information technology is distributed and used contribute to unequal opportunities within our society? Do some research on the Internet to learn about the digital... more
The Michelin Man isn’t exactly known for his svelte figure, but if you work at Michelin North America, you’d better not model your figure after his, or you may end up paying up to $1,000 more per... more
Job search site analysis
With the stunning success of job search websites—especially Monster.com and HotJobs.com—much of the job search industry has moved online. Take a few moments to check out each site.... more
Who can start a business?
Anyone! Anyone can start business; it doesn't matter if you are much older or much younger as long as you learn and go through steps to get to where you need to be. It is very important to take in... more
A glacier covered about 177 acres in 2004 and was shrinking at a rate of about 3.1% per year.(a) Write a formula for the size, , of the glacier, in acres, as a function of years since 2004.... more
Market exchange is characterized by:
a) The barter of goods and services at a market.b) The use of an exchange medium such as US dollars.c) The exchange of goods and services for other goods or services.d) The exchange of goods,... more
3. Describe what might happen if a retail business sold its products to consumers for the same price it paid for them.
What will be the size of each installment?
Yumi's grandparents presented her with a gift of $21,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her... more
The Johnsons have accumulated a nest egg of $40,000 that they intend to use as a down payment toward the purchase of a new house.
The Johnsons have accumulated a nest egg of $40,000 that they intend to use as a down payment toward the purchase of a new house. Because their present gross income has placed them in a relatively... more
College savings question
Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3-year-old daughter’s college bills for a 4-year degree. How much would he have to invest today at an 8% interest... more
Compound Interest question
Carol Miller went on vacation and bought a $74 souvenir. It is the only charge on her credit card, which has an annual interest rate of 10%. If it is compounded daily, how much interest would... more
How much should you invest each month in order to have $600,000 if your rate of return is 7.6% compounded monthly and you want to achieve your goal in 40 years?
How much should you invest each month in order to have $600,000 if you want to achieve your goal in 20 years? Round your answer to the nearest cent.$If you deposit the amount you need to achieve... more
2) Consider the supply chain involved when a customer orders a book from Amazon. Identify the push/pull boundary and two processes each in the push and pull phases.
My mother's business
Hello everyone! So, my mother started a business with decorations for events ,but not only for events but also decorations for houses, interior and exterior...she makes them.My problem is that I'd... more
Promissory note question
Raindrop Inc owes a past due bill to Jax Corp. On August 8, Jax agrees to accept a $5000, 8%, 120-day note as payment from Raindrop. On October 11, Jax discounts the note at Park Bank at 9%. Find... more
Find i (the rate per period) and n (the number of periods) for the following loan at the given annual rate.
Find i (the rate per period) and n (the number of periods) for the following loan at the given annual rate.Annual payments of $3,800 are made for 14 years to repay a loan at 6.85% compounded... more