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2 years ago

1. Use these sentence starters to explain how Cat Insanity is an analogy for

Business

1 answer:

sveticcg [70]2 years ago

6 0

Answer:

Cat Insanity

An analogy for debt repayment:

a. The multiply rate is... the compound interest rate on the principal.

b. The # of cats is... the number of debts (loans) you hold.

c. Your food scoops are... the periodic repayments of principal and interest.

d. An underfed cat is... a damaged credit rating.

e. A dead cat is... bankruptcy caused by financial distress.

Explanation:

Cat Insanity is a game that teaches students what they will get by acquiring loans which must be repaid. It compares the feeding of cats as debt repayment. The game provides practical learnings for students to be wary of student loans. It concludes that failure to feed the cats leads to damaged credit ratings, and if the cats become dead, the student declares for bankruptcy.

The authors of the game are McKinney GCD Jenny Nicholson, Art Director Kathryn Moffitt, and Copywriter Jade Stoner. Their idea is to connect with students by exposing their future in a way they do not expect it to turn when they continue to acquire more and more student loans.

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A company has budgeted direct materials purchases of $300,000 in July and $480,000 in August. Past experience indicates that the

enyata [817]

Answer: $696,000

Explanation:

Given the following;

JULY direct material purchase = $300,000

AUGUST BUDGET

direct material purchase =$480,000

Selling and administrative expenses = $48,000

Depreciation expense = $36,000

Purchase of office equipment = $72,000

Wages expenses = $150,000

Only 70% of the amount of purchases made in a month being paid that month. The remaining 30% paid the next month

Therefore, total Budgeted cash disbursement for the month of August will include ;

30% of July purchase

0.3 × $300,000 = $90,000

70% of August direct material

0.7 × $480,000 = $336,000

Wage expense = $150,000

Office equipment purchase =$72, 000

Selling and administration expenses = $48,000

= $(90,000 + 336,000+ 150,000+72,000+ 48,000) = $696,000.

3 0

2 years ago

________ reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines,

ser-zykov [4K]

Answer:

Proactive consumers

Explanation:

Proactive means acting in advance to deal with an unexpected change or difficulty in the future.

Proactive consumers refers a group of consumers who are an intrinsic part of the creative process of developing a product. They are the active consumers. They are not a part of the passive consumers where industry dumps consumer goods.

Proactive consumers are part of the production and marketing process of a product. They make research on how a product can be improved on.

Proactive consumers reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines, recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.

3 0

2 years ago

A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the produc

valentina_108 [34]

Answer:

The correct answer is letter "A": National-security argument.

Explanation:

The National-security argument is a point of view that promotes the imposition of quotas and tariffs on imports related to national security in an attempt to boost domestic production on the same items. This situation will cause that in front of war the country will produce its own supplies to meet effectively its demand instead of relying on other countries to provide them with those goods. Most protectionist countries tend to support this idea.

7 0

2 years ago

The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and

AlladinOne [14]

Answer: The stock price is expected to be $57 a share one year from now.

Explanation:

The stock price is expected to be $57 a share one year from now.

Expected return = 14%

current share price= $50

expected share price in a year from now = $50 x (1 + 0.14)

expected share price in a year from now = 57

5 0

2 years ago

A nine-year project is expected to generate annual revenues of $137,800, variable costs of $82,600, and fixed costs of $11,000.

AleksAgata [21]

Answer:

Option (a) is correct.

Explanation:

Given that,

Annual revenues = $137,800,

variable costs = $82,600

Fixed costs = $11,000

Annual depreciation = $23,500

Tax rate = 34 percent

Annual Income before Taxes:

= Annual revenues - Variable cost - Fixed Costs - Depreciation

= $137,800 - $82,600 - $11,000 - $23,500

= $20,700

Net income:

= Annual Income before Taxes × ( 1 - T)

= $20,700 × 0.66

= $13,662

Annual operating cash flow:

= Net income + Depreciation

= $13,662 + $ 23,500

= $37,162

3 0

2 years ago