answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DIA [1.3K]
3 years ago
8

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

Business
1 answer:
sveticcg [70]3 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.

You might be interested in
We counted the number of people who entered our store across the span of a week in the morning, afternoon, and evening. What is
allsm [11]

Answer and explanation:

The simplest form to identify a difference in the frequency of the customers who visited the sore is by recording the number of people coming into the shop is well established time frames during the morning, afternoon, and night. After performing the report for at least a couple of weeks, a comparison should be made among the opening days and time frames during a day to find out what days are the heaviest in clientele and during what time.

4 0
2 years ago
Risk management is a systematic process, and the correct order of the steps is:
zvonat [6]

<span>Risk management is a systematic process where its objectives are to identify, to assess, and to control risks. These risks arise from operational factors and making decisions that maintains the balance between risk costs with the mission benefits. The correct steps are the following: First, the risk must be identified. This means that the team must first uncover, recognize and describe the risks that might possibly affect the project or its outcomes. Second, the risk will then be analyzed.  It is in this step that the team must consider the consequences of each risk according to the nature of the risk.  The potential to affect project goals will also be identified. Third, evaluation and ranking of risks will take place. The magnitude of the risks will be part in the decision-making whether they are acceptable or whether they are serious enough to warrant treatment. Fourth, the risk must be treated. This is also known as the Risk Response Planning.  The highest ranked risks must be identified and plans must be made to treat or modify these so that the desirable risk levels will be attained.  Lastly, the risks shall then be monitored and reviewed.  In this way, all the uncertainties, unpleasant surprises and barriers will be fully monitored and if the team is determined, golden opportunities will instead be achieved. </span>

6 0
2 years ago
Read 2 more answers
Which of these describes the proper handwashing technique? When applying soap and scrubbing, you must?
natita [175]
The proper technique of washing your hands is you need to put some water on then you have to put on soap and your choice if you want to sing happy birthday because happy birthday is enough time to wash off all the germs and soap in the right time and you know the rest to dry your hands and all the other stuff your welcome!
5 0
2 years ago
Read 2 more answers
Chris gilbert, 1966-68, was the first person in college football history, and the only ut player, to rush for more than 1000 yar
Westkost [7]
Distance ran by Chris Gilbert, D = 96 yards
Speed, S = 4.9 s / 40 yards
Time ran by Chris Gilbert, T = D x S
T = (96 yards) x (4.9 s / 40 yards)
T = 11.76 s, total time ran by Chris Gilbert
3 0
2 years ago
Suppose Luther Industries is considering divesting one of its product lines. The product line is expected to generate free cash
erik [133]

Answer:

$61,127,596

Explanation:

formula for the value of operations =

[Free Cash Flows (1 + growth rate)] / (WACC - growth rate)

where

We have D/E = 2 or D=2*E  (debt-equity ratio)

Tax = T=35%,

Ks=10%,

Kd =7%

Kd*(1-T) = 7%*(1-35%) = 4.55%

WACC = Kd*(1-T)*(D/(D+E)) + Ks*(E/(D+E))

WACC = 4.55%*(2E/3E) + 10%*(E/3E)

WACC = 4.55%*(2/3) + 10%*(1/3)

WACC = 6.37%

Value of Ops = 2000000*(1+3%)/(6.37%-3%)

Value of Ops = $61,127,596

to be profitable it must receive for the product line $61,127,596

6 0
2 years ago
Other questions:
  • Regan company operates its factory on a two-shift basis and pays a late-shift differential of 15%. regan also pays a premium of
    7·1 answer
  • The article states that "the choosiness of females gradually declined over evolutionary time." what do you think the writers mea
    9·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standa
    10·1 answer
  • Piper owns a vacation cabin in the Tennessee mountains. Without consider-ing the cabin, she has gross income of $65,000. During
    12·1 answer
  • Which of the following causes inattentional blindness according to Bazerman and Chugh?
    13·1 answer
  • Asa works as an order-taker at Simply Salads, a fast-food restaurant. He does not cook food, or even package the final order, bu
    11·1 answer
  • Morton Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at th
    14·1 answer
  • Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled
    12·1 answer
  • Horton Company uses a normal costing system. Factory overhead is allocated on the basis of labor hours. At the beginning of the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!