Answer:
Macy is liable. The Federal Trade Commission states that both the credit rating agency and Macy's are responsible for correcting the erroneous credit report. It is very hard to sue and win a credit rating agency because they will place the blame on the company that made the initial mistake (Macy's), but lately courts have accepted cases against the companies that cause all this mess.
Courts have lately ruled in favor people alleging that a bad credit report damaged them since a good credit rating is considered an intangible asset. The company that cause the mistakes are liable for any possible damages resulting from a poor credit rating.
Yes, Macy is liable under the Fair Credit Reporting Act, which says the credit bureau and reporting agencies must record accuracy.
Fair Credit Reporting Act
The FCRA protects the information collected by consumer reporting agencies. Under this act, Companies and agencies also have specific legal obligations to investigate disputed information, And recently in the Act some more provisions were added which is related to record accuracy and identity theft.
Thus, under the FCRA, the credit bureau and Macy's department store are liable.
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Concept check 1. 54/32 converted to a mixed number is ________. 22/32 1.6875 1/38 1 22/32 2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. 1 24/32 45/64 56/32 720 3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. 480/1024 20/1024 3 1/3 3 40/32 4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. 98.19 96.63 9/86 98.06 5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? 4.5% 5% 55% 5.5%
Questions
Concept check
1. 54/32 converted to a mixed number is ________.a) 22/32 b)1.6875 c) 1/38 d)1 22/32
2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. a)1 24/32 b)45/64 c)56/32 d)720
3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. a)480/1024 20/1024 3 1/3 3 40/32
4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. a)98.19 b)96.63 c)9/86 d)98.06
5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? a)4.5% b)5% c)55% d)5.5%
Answer:
1.d)1 22/32
2. b)45/64
3. c)3 1/3
4. a)98.19
5. b)5%
Explanation:
1. 54/32 converted to a mixed number is ________.a) 22/32 b)1.6875 c) 1/38 d)1 22/32
Mixed number is another way of writing improper fraction
54/32= 1 (54 - 32)/32
= 1 22/32
Therefore, option d) 1 22/32 is the correct option
2. The product of one and four thirty-seconds and twenty thirty-seconds is ________. a)1 24/32 b)45/64 c)56/32
d)720
One and four thirty-seconds = 1 4/32
Twenty thirty-seconds = 20/32
= 1 4/32 × 20/32
= 36/32 × 20/32
= 9/8 × 5/8
= 45/64
Therefore, option b)45/64 is the correct option
3. One and eight thirty-seconds divided by twelve thirty-seconds is ________. a)480/1024 b)20/1024 c)3 1/3 d)3 40/32
One and eight thirty-seconds = 1 8/32
Twelve thirty-seconds = 12/32
= 1 8/32 ÷ 12/32
= 40/32 ÷ 12/32
= 40/32 × 32/12
= 40/12
= 3 4/12
= 3 1/3
Therefore, option c) 3 1/3 is the correct option
4. A u.S. Treasury bond is trading at 98 and 6/32. Convert this price to its decimal form. a)98.19 b)96.63 c)9/86 d)98.06
98 and 6/32 = 98 + 6/32
We convert 6/32 to decimal
= 98 + 0.1875
= 98.1875
≈ 98.19
Therefore, Option a is the correct option
5. What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points? a)4.5% b)5% c)55% d)5.5%
Percentage increase = Increase/ Orginal amount × 100
Increase = 55 points
Original amount = 1,100
Percentage Increase = 55/1100 × 100
= 0.05 × 100
= 5%
Therefore, option b)5% is the correct option
A
person who
owns stock in a
corporation.
Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential. You suddenly get an order to deliver 1,000 shirts at a price of $50 each. You have the entire infrastructure in place, but need $15,000 to procure the fabric and accessories for shirts. How will you raise money to serve this order? How will the answer differ if the business is a sole proprietorship?
Answer:
A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.
The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.
Monmouth Laboratories, Inc. pays a $3.29 dividend every year and will maintain this policy forever. What price should you pay for one share of common tock
Answer:
That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends
A traditional store selling products
is shift work involved for lawyers??
Answer:
I think so.
Explanation:
This may be depending on the job you have in the Lawyer Occupation, but because they must do different types of work and must go to several different clients, I would say yes. Sorry if this is wrong, but I hope it helps!
If you plan to take money out of the bank frequently, what type of account should you get? A. A savings account B. A checking account C. An interest account D. An investment account
Answer:
B, A checking account
If you have the intention of taking money from your account fairly frequently, you should get B. A checking account.
A checking account:
Allows for a lot of withdrawal and deposits Does not accrue much interest for the owner Allows for withdrawal via several means such as ATMs, checks, and debit cards.Checking accounts would be best to get if you want to withdraw frequently because the fees are less for withdrawals.
In conclusion, a checking account would be best for you.
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Magazines make most of their money from?
Answer:
advertisers
Explanation:
There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.
Who is advertiser?An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.
Therefore, advertiser advertises the content to the public to publish any information.
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how could you make your credit score increase ? please help do tonight
Answer:
Try working hard and getting your money to increase your credit score.
CrEdIt KaRmA l m a o
Explanation:
If I buy 40 shares of Visa stock at a price of $149.58 per share and
the price goes up by $0.47 in one day, what is the percent gain?
Answer:
use cash
Explanation:
its less confusing.
The last stage in sales is
Conviction
Action
Desire
Interest
Answer:
action
Explanation:
Please help!!!
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether the
debit side is equal to the
credit side
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
According to given Image the all the scenario are possible of being addressed by a Trial Balance
Give explanations for how a Trial Balance might be addressed
Can determine whether the accounting procedure is accurate: PossibleMay aid in the income statement's preparation: PossibleMay assist in determining whether the debit and credit sides are equal: PossibleCan assist in determining whether a specific transaction has been entirely missed: PossibleAids in providing evidence of the double-entry system's use: PossibleWhat is trial balance?
A Trial Balance is a financial statement that lists all the general ledger accounts and their balances at a specific point in time.
It serves as a tool to ensure that the total debits equal the total credits in the accounting system and helps to detect errors and discrepancies in the accounting records.
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When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
What career might be your best choice in the following scenario?
Your friends comment that you always listen and believe positive change can happen. They further state that you do not make them feel badly about their decisions and instead, you help find solutions. At the same time, you love to be in schools and you like to teach.
family social worker
community social worker
child care social worker
school social worker
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $28 per share. She borrows $3,000 from her broker to help pay for the purchase. The interest rate on the loan is 12%. a. What is the margin in Dée’s account when she first purchases the stock? b. If the share price falls to $18 per share by the end of the year, what is the remaining margin in her account? (Round your answer to 2 decimal places.) c. If the maintenance margin requirement is 30%, will she receive a margin call? Yes No d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)
Answer and Explanation:
The computation is shown below:-
a. Margin
Equity account = Number of shares × Price per share
= 400 × $28
= $11,200
Margin = Purchase price - Money borrowed from the broker
= $11,200 - $3,000
= $8,200
b. Remaining margin
Equity account = Number of shares × Price per share
= 400 × $18
= $7,200
Total liability = Borrowed amount × 1.12
= $3,000 × 1.12
= $3,360
Remaining margin = Equity value - Liability to the broker
= $7,200 - $3,360
= $3,840
Remaining margin ratio = Remaining margin ÷ Equity value
= $3,840 ÷ $7,200
= 53.33%
c. As per the information maintenance margin requires 30%
No, maintenance margin requires 30% and the remaining martin is 53.33% then it will no margin calls
d. Rate of return
Rate of return = (Return - Initial inventment) ÷ Initial investment
= ($3,840 - $8,200) ÷ $8,200
= -53.17%
what is martin suarez current physical address
Answer:
174 Se Naranji Ave,Port Saint Lucie,FL; 38 Saint Fitchburg,MA;461 Se Thornhill Dr,Port Saint Lucie FL
Explanation:
Countries use monetary policy in order to:
O A. increase investment in specific industries.
O B. ensure economic equality for all citizens.
O c. manage the supply of money that is available.
O D. encourage companies to import goods.
Answer:
O c. manage the supply of money that is available.
Explanation:
Monetary policies are deliberate macroeconomic initiatives undertaken by the Federal Reserve to control the money supply in the economy. The Fed has several monetary policies it can use to achieve the desired results. Some policies increase the money supply( Expansionary monetary policies ). Others reduce the money supply in the economy ( Contractionary monetary policies).
Monetary policies are used together with fiscal policies to achieve the overall macroeconomic objectives.
Answer: C. Manage the supply of money that is available
Which qualifications are especially useful for Printing Technology careers? Check all that apply.
creativity
physical steadiness and dexterity
technical skills
confidence
problem-solving skills
design skills
communication skills
leadership skills
Answer:
2357
Explanation:
Physical steadiness and dexterity, technical skills and problem-solving skills Communicating Skills are useful for Printing Technology careers.
What is the meaning of Printing Technology?Reproducing text and images on paper, usually with ink and printing technology, is known as printing. It is a crucial component of publishing including transaction printing and is frequently carried out like a large-scale industrial operation.
If you'll be printing large volumes of records, a laser printer is the best machine for you. Laser printers can produce high volumes of records daily even without batting an eyelash. Offset printing is one of the main industrial printing methods. Lithography.
We can swiftly and widely disseminate vast volumes of knowledge thanks to printing technology. The printing press is one of the most significant inventions of all time because of how crucial it is.
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Which of the following has the most significant impact on consumer purchasing power and spending patterns?
Select one:
a. Demographic environment
b. Political and legal environment
c. Technological environment
d. Economic environment
The most significant impact on consumer purchasing power and spending patterns has the economic environment. Thus, the correct option is (D).
The purchasing power of a currency is the amount of products or services that one unit of money can purchase.
The environment contains components that affect consumer spending preferences and purchasing power.
Natural resources that are needed by marketers as inputs or that are influenced by marketing activities are referred to as the natural environment.
More than just how much you can buy with your money determines your purchasing power. Additionally, it affects stock prices and the state of the economy as a whole.
Therefore, the correct option is "D".
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Which choice best describes differences in corporate decision-making
between the United States and the European Union?
A. Workers in the United States are usually more involved in
corporate decision-making.
B. Workers in the European Union are involved less in decisions over
labor.
ternati
C. Workers in the European Union are usually more involved in
corporate decision-making.
D. Workers in the European Union are usually less active in trade
unions.
expand
SUBMIT
Answer:
C.WORKERS in the European union are usully move involved in corporate decision-makng
Answer: workers in the European Union are usually more involved in corporate decision-making.
Explanation:
A p e x
Question 2 (1 point)
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales
tax of $2.00, the total should be $11.50. However, when she gets to the checkout,
the total is now $13.00. Which type of tax is Huda MOST likely paying that would
explain the extra $1.50?
estate
excise
inheritance
O income
Question 3 (1 point)
Answer:
$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )
what is the importance of opportunity cost to an individual
Answer:
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics. Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful. These are from my notes btw
Type the correct answer in the box. Spell all words correctly.
Which form of marketing do firms use when they market their products to all consumers alike, even when not all of them constitute the target audience?
When firms market their products to all consumers alike, even when not all of them constitute the target audience, they exhibit (___?___) marketing.
Answer:
Outbound Marketing is the correct answer
Explanation:
Answer:
outbound marketing - I just took the test this is correct
Explanation:
Which function of money describes its ability to enable trade between
different people?
A. Store of value
B. Measure of value
O C. Standard of deferred payment
D. Medium of exchange
Answer:
D. Medium of exchange
Explanation:
A medium of exchange is any physical object used as a measure of value to facilitate the transfer of goods and services between sellers and buyers. A medium of exchange acts as a go-between in transactions. In modern trade, money is the most widely accepted medium of exchange.
Today, goods and services are given a monetary value. Trade becomes relatively easy as buyers and sellers know how much money is needed to complete a transaction.
is it true that in the music buisness people will pray satin over a contract before the artists sign it and will they sell their soul?
Answer:
No.
Explanation:
If this is an actual question for an extremely religious school put yes. but this doesn't actually happen.
Answer:
I don't believe its true for all parts of the music industry, but there is a lot of crazy things going on in the world so you never know.
Joanna Grimshaw makes an hourly rate of $12.50, and she works 40 hours per week. Her boss offers her a promotion to a salaried position that pays $675 per week. How much more will she earn per week with the salaried position?
Answer:
$175 more
Explanation:
She makes 500 without the promotion and 675 minus 500 is 175
Answer: She will get $16.85 cents per day. She will be earning $175 more per week.
Explanation:
$12.50*40 = original salary
675-500=how much more she will get
explain the steps of process of online transaction
Answer:
Stages of Online Transaction:
Pre purchase/Sale:
Purchase/Sale:
Delivery Stage:
The steps involved in online transaction are as follows:
Registration:
Placing an Order:
iii. Payment:
Answer:
Online transactions occur when a process of buying and selling takes place through the internet. Transactions between the buyer and seller that are carried out and completed with the help of internet are called online business transactions.
The steps involved in online transaction are as follows:
i. Registration:The consumer has to register online on the particular website to buy a particular good or service.
ii. Placing an OrderWhen a customer likes a product or a service, he/she puts the product in the ‘shopping cart’.
The buyer then proceeds to the payment option after selecting all the products.
iii. PaymentThe buyer then has to select the payment option, he/she has various payment options. These payment pages are secured with very high-level encryptions so that the personal financial information that you enter (bank/card details) stay completely secure.
Explanation:
❣️(◍Jess bregoli ◍)❣️#keep learning!!Ed, an employee of the Natural Color Company, suffered from a rare disease that was very expensive to treat. The local media ran several stories about Ed’s problems, and the family created a website that generated more than $10,000 in gifts from individuals to help pay the medical bills. Ed’s employer provided hospital and medical insurance for its employees, but the policy did not cover Ed’s illness. When it became apparent that Ed could not pay all of his medical expenses, the hospital canceled the $25,000 Ed owed at the time of his death. After Ed’s death, his former employer paid Ed’s widow $12,000 in "her time of need." Ed’s widow also collected $50,000 on a group term life insurance policy paid for by Ed’s employer. What are Ed’s and his widow’s gross income?
Answer:
Ed and his Widow's Gross Income is:
$97,000
Explanation:
a) Data and Calculations:
Gifts from individuals $10,000
Medical expense offset 25,000
Time of need pay 12,000
Group life insurance 50,000
Gross income $97,000
b) Ed and his widow's gross income is $97,000. It is the sum of all forms of earnings before any deductions or taxes. The gross income is higher than the net income, which is defined as the gross income minus taxes and other deductions.
In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple crocs to $50 each and sold 27 pairs during the month. Does this demonstrate Elastic Demand or Inelastic Demand?
Answer:
Elastic Demand
Explanation:
The term elastic means stretchy or stretching. Elastic demand implies a demand that is changing or moving.
Elastic demand is the term used to describe the demand for a good that changes due to an increase or decrease in prices. A product or service whose demand changes significantly in response to a small change in price is said to have elastic demand.
The scenario described in this case is that of elastic demand. The demand for purple crocs rose from 8 in July to 27 in august. An increase of 19 units, which represents an increase of 237 percent. The increase in demand was a result of a decrease in price from $75 to $50. The price changes by $25, which is a decline of 33 percent. A drop in price by 33 percent results in a rise in demand by 237 percent is an illustration of elastic demand.