Mr B aged 63 years, has earned rupees 75,00,000 out of his business . His ex- wife gifted him cash in account worth rupees 6 lakh. He spent a total of rupees 15 lakh during a family trip. He won a lottery of 19 lakh rupees. Out of happiness he gifted his wife cash of rupees 450000. He bought a life insurance policy and paid a premium of 50000 annually. He paid tuition fee for his daughter for rupees 50000. He invested rupees 80000 in PPF. One of his existing life insurance policy got matured and he received a total of rupees 32 lakh. Seeing his health conditions the doctor adviced him a medical test of rupees 6000 following he bought a health insurance for rupees 27000. Calculate his taxable income and tax liability.

Answers

Answer 1

Taxable Income is Rs 98,17,000, Taxable Liability is Rs 28,45,100

Taxable Income is the portion of a person’s or company’s gross income that the govt deems subject to taxes.

Taxable income consists of each earned and unearned income, on the other hand, Tax liability is the payment owed by an individual, Tax Liability is calculated according to the income of an individual and Tax% varies from0% to 30% depending on the income.

Income from business                             =  75,00,000

income from other sources

Lottery                                                       =  19,00,000

Life insurance maturity                            = 32,00,000

car gift from ex-wife                                 = 6,00,00

Gross Income                                          = 1,32,00,000

Deduction;

  LIC premium                                          = 50,000

  Tution fees                                             = 50,000

   PPF                                                        = 1,80,000

Max deduction                                         = 1,50,000

Health insurance                                      = 27,000

Medical tset                                              = 6,000

Total deduction =                                    32,00,00

Taxable Income is Rs 98,17,000

Taxable Liability is Rs 28,45,100

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Related Questions

What happens to the equilibrium price and quantity of sugar when consumers learn that sugar
prices will increase next month?

Answers

When the equilibrium price of sugar increases, the equilibrium quantity will decrease. This is because price and quantity have an inverse relationship.

A market-clearing price often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal. The manufacturer or vendor is free to transfer as many units as they like, and the consumer is free to access as many units as they like.

It is possible to utilize a mathematical formula to determine the equilibrium price. The equilibrium pricing formula is based on amounts of supply and demand; to find the price, put the quantity demanded (Qd) equal to the quantity supplied (Qs) (P). Here is an illustration of the equation: Qs = -125 + 20P when Qd = 100 - 5P.

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ASAP Please help and thank you!

Charles, age 45, would like to determine how much life insurance to purchase using the human life value approach. He assumes his average annual earnings will remain at $40,000. Of this amount, $20,912 is available annually for the support of his family. Charles will generate this income for 24 more years and he believes that 5.37 percent is the appropriate interest (discount) rate. What is Charles' human life value? (Round your answer to 2 decimal places)

Answers

Charles' human life value will be $249,200.

What is the process of calculating life value?

The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax. The third step is recall the number of years of earning which are remaining before the age of retirement .The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

Therefore, Charles' human life value will be $249,200.

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How do you differentiate a letter from a memo?

Answers

Answer:

memo refers to a short message, written in a informal tone for interoffice circulation of the information. letter are a verbal communication , that contains a compressed message, conveyed to the party external to the business, departments, units or superior-subordinate within the organization.

critically explain the difference between global objectives and national objectives in business with examples

Answers

Every company must aim to achieve national aims and goals. By increasing its operations, business can achieve an objective purpose of reducing global inequities between rich and poor nations.

With examples, critically describe the distinction between global and national corporate objectives. Business's global objectives - By extending its operations, business should contribute to the reduction of inequities between wealthy and developing nations. Businesses should produce goods and services that are highly sought-after in international marketplaces and are globally competitive.Business's national objectives- Every company must aim to achieve societal aims and goals. Create possibilities for people to work in lucrative positions. Give everyone the same opportunities. Produce and supply items in conformity with the government's goals and policies' established priority.What is a business goal?

Business objectives are a formal statement of your aspirations as an organization. Business goals typically focus on the key operational elements that contribute to a company's success, such as revenue, operations, productivity, and growth.

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Entrepreneurs and business owners need to think about and plan for threats like terrorist attacks, economic instability, and even changes in consumer preferences. Fortunately, opportunities are also a constant that the entrepreneur needs to consider. Think of your entrepreneurial endeavor. What opportunities might be on the horizon? How can us best prepare for opportunities in your field? Write a short paragraph explaining your answer.

Answers

The opportunities that may be on the horizon are:

Website designingOnline tutoringOnline business, etc.

How can us best prepare for opportunities in your field?

The way i can best prepare for the new opportunities is that:

I will research Growth Trends. I will need to fine the Potential area that fit me mostI will also Talk to Other ProfessionalsLearn. Volunteering, Interning, or other and then start mine.

Therefore, The opportunities that may be on the horizon are:

Website designingOnline tutoringOnline business, etc.

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A series of advertisements about a certain product or deal

Question 1 options:
A Commercials
B Investment Campaign
C Marketing Campaign

Answers

Answer:

investment Campion is your right answer

Felicia is interviewing a candidate for a supply chain position. What is she most likely looking for in a candidate?

Answers

Answer:

“I have worked in supply chain for a number of years now and I feel the experiences I have gained have brought me to the position I am in today, where I am a perfect match for your company.

"I am conscientious, determined, resilient and professional in my approach to my supply chain duties, and I also understand that, without someone performing their duties in this position to a high standard, your organization cannot function effectively.

With me, you will get someone who has a thorough understanding of the supply chain process, an ability to work effectively as part of a team, and also a proven track record of achievement whilst completing difficult tasks whilst under pressure. You should hire me simply because, based on my experience, skills and passion, I am the best person for this job.”

Explanation:

This is something Felicia should look for when interviewing . She needs someone who will have passion and skill and work effectively !

Sharp Company manufactures a product for which the following standards have been set:
Standard Quantity of Hours Standard Price or Rate Standard Cost
Direct materials 3 feet $ 11 per foot $ 33
Direct labor ? hours ? per hour ?
During March, the company purchased direct materials at a cost of $111,300, all of which were used in the production of 3,200 units of product. In addition, 4,900 direct labor-hours were worked on the product during the month. The cost of this labor time was $95,550. The following variances have been computed for the month:
Materials quantity variance $ 4,400 U
Labor spending variance $ 450 F
Labor efficiency variance $ 2,000 U
Required:
1. For direct materials:
a. Compute the actual cost per foot of materials for March.
b. Compute the price variance and the spending variance.
2. For direct labor:
a. Compute the standard direct labor rate per hour.
b. Compute the standard hours allowed for the month’s production.
c. Compute the standard hours allowed per unit of product.

Answers

The actual cost per foot of materials for March is $11.13

The standard hours allowed for the month’s production is $1,300 U

The standard hours allowed per unit of product is 4,796 hours

What is material quantity variance?

Material quantity variance can be determined as the difference between actual quantity and standard quantity multiplied by the standard price of material

Material quantity variance = (Standard quantity - Actual quantity) * Standard rate

material quantity variance=-$4,400

standard quantity for 3,200=3200*3 feet=9,600

actual quantity=x

standard rate=$11 per foot

-$4,400=(9600-x)*$11

-$4,400/$11=9600-x

-400=9600-x

x=9600+400

x=actual quantity=10,000

actual cost per foot of materials for March=$111,300/10,000

actual cost per foot of materials for March=$11.13

Direct material price variance = (Standard price - Actual price) * Actual quantity

Direct material price variance = ($11-$11.13)*10000

Direct material price variance = -$0.13*10,000

Direct material price variance =$1,300 U

Direct material spending variance = (Units produced * Standard cost) - Total cost of direct materials

Direct material spending variance = (3,200*33)-$111,300

Direct material spending variance =$105,600-$111,300

Direct material spending variance =$5,700U

Labor rate variance = Labor spending variance - Labor efficiency variance

Labor rate variance =$450-$2000

Labor rate variance =$1,550U

Labor rate variance = (Standard labor hour rate - Actual labor hour rate) * Actual hours worked or

-$1550 = (Standard labor hour rate - $95,550/4900)*4,900

-$1550=(Standard labor hour rate-$19.50)*4900

-$1550/4900=Standard labor hour rate-$19.50

Standard labor hour rate=$19.50-($1550/4900)

Standard labor hour rate =$19.18

Labor efficiency variance = (Standard hours allowed for actual production - Actual hours worked) * Standard hourly rate

-$2000 = (Standard hours allowed for actual production-4900)*$19.18

-$2000/$19.18=Standard hours allowed for actual production-4900

-104=Standard hours allowed for actual production-4900

Standard hours allowed for actual production=-104+4900

Standard hours allowed for actual production=4796 hours

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I’m doing Economics but I’m not sure of this question.

Answers

A terminology which is given to consumers who were willing to pay for a higher price, but don't have to because the equilibrium price has been set lower is: C. consumer surplus.

What is price?

Price can be defined as an amount of money which is primarily set by the seller of a good (product), and it must be paid by a buyer (consumer) to the seller, so as to enable the acquisition of this good (product).

What is consumer surplus?

Consumer surplus can be defined as an economic measure of the difference between the willingness of consumers to pay for a good (product) at higher price and the equilibrium price or actual price paid by the consumers.

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Complete Question:

What is the term given to consumers who were willing to pay for a higher price, but don't have to because the equilibrium price has been set lower?

A. Market failure.

B. Quantity excess.

C. Consumer surplus.

D. Consumer drop.

How does the use of these skills help organizations to outperform others in their industry?
Assess how the four functions of management (e.g., planning, organizing, leading, and controlling) are effective in helping organizations meet their goals.

Answers

The skills to relate to coworkers and deal well with subordinates provides for the smooth flow of business operations inside the organization. For any organization to prosper and accomplish its goals and objectives, effective management skills are essential.

What are the importance of skills?

Leadership qualities contribute to improving an organization's performance. The forerunners of new ideas that can help the organization come up with fresh ones to boost productivity are managers who are strong leaders.

It should be noted that the four functions include:

Planning has to do wifh the planning of decision making.

Organizing has to do with appropriate coordination between planning and resources.

Leading involves motivating employees to achieve organizational goals.

Controlling is simply elated to monitoring and evaluation.

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a global economist hired by telecomp, the US-based computer manufacturer in problem in problem

Answers

Answer:

Introduction which tells about what is going to be talking about

The Haines Corporation shows the following financial data for 20X1 and 20X2:
20X1 20X2
Sales $ 3,480,000 $ 3,140,000
Cost of goods sold 2,530,000 2,260,000
Gross profit $ 950,000 $ 880,000
Selling & administrative expense 255,000 261,000
Operating profit $ 695,000 $ 619,000
Interest expense 44,800 49,700
Income before taxes $ 650,200 $ 569,300
Taxes (35%) 227,570 199,255
Income after taxes $ 422,630 $ 370,045
For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20X2.
Note: Input your answers as a percent rounded to 2 decimal places.
20X1 20X2 Profitability
a. Cost of goods sold to sales % %
b. Selling and administrative expense to sales % %
c. Interest expense to sales % %

Answers

Based on the financial data for Haines Corporation in  20X1 and 20X2, the ratios given of cost of goods sold and selling and administrative expenses are:          

                                                                                    20X1            20X2

Cost of goods sold to sales                             72.70%          71.97%Selling and administrative expense to sales   7.33%             8.31% Interest expense to sales                                  1.29%           1.58%

How to calculate ratios to sales?

20X1

To find the Cost of goods sold to sales, the formula is:

= Cost of goods sold to sales / Sales

= 2,530,000 / 3,480,000

= 72.70%

The Selling and administrative expense to sales:

= 255,000 / 3,480,000

= 7.33%

Interest expense to sales:

= 44,800 / 3,480,000

= 1.29%

20X2:

Cost of goods sold to sales:

= 2,260,000 / 3,140,000

= 71.97%

The Selling and administrative expense to sales:

= 261,000 / 3,140,000

= 8.31%

Interest expense to sales:

= 49,700 /  3,140,000

= 1.58%

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True or false Five out of seven members of the Board of Cosmetology must have been licensed cosmetologists for at least five years.

Answers

Five members of the board must hold valid cosmetology licenses and shall have been working as cosmetologists for at least five years in this state. This statement is TRUE.

A seven-member Board of Cosmetology is established inside the department. Its members will be selected by the governor and confirmed by the Senate, and its job will be to carry out the terms of this act.The rest of the unexpired terms on the board may be filled by the Governor at any time.Each appointee must take the constitutional oath of office and submit it to the Department of State before beginning their duties as board members.The board will choose a chair and vice chair from among its members in the month of January.The board will hold as many meetings as it considers necessary throughout the year, one of which will be the annual meeting.

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Consider the difference between “supply” and “quantity supplied.” Select the change in only quantity supplied: (select all that apply)


More store-brand cereals were sold during 2020 when income decreased due to the pandemic-induced recession


More laptop computers were sold when technological innovation lowered the cost of producing batteries


More gasoline was sold when buyers and sellers expected higher gas prices in the near future


More Uber rides were taken when people switched from driving taxis to driving for Uber in NYC


More veterinary services were consumed during 2020-2021 as people acquired “pandemic dogs and cats”

Answers

The following would lead to a change in quantity supplied :

More store-brand cereals were sold during 2020 when income decreased due to the pandemic-induced recession.

More veterinary services were consumed during 2020-2021 as people acquired “pandemic dogs and cats”

What is a change in quantity supplied?

There is a change in quantity supplied if the price of that good either increases or decreases. The quantity supplied increases when price increases and decreases when price decreases.

This indicates that there is a positive relationship between price and the quantity supplied. A change in quantity supplied leads to a movement along the supply curve - either upward or downward.

There is a change in supply when other factors other than the price of the good changes. For example, a change in the number of suppliers, change in the cost of production would lead to a change in supply. When there is a change in supply, the supply curve should shift either inwards or outwards.

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who will be taxed in Transnet​

Answers

The South African Mining Industry is very crucial to it's economy. Transnet is one of it's major players. Given that it had a set budget for the 2021/22 financial year, much of which was supposed to be financed by the mining sector, unfortunately, the sector delivered a shortfall.

If Transnet had performed on its nameplate capacity of 78 million tons rather than the 58 million tons delivered in 2021, the industry would have gained R32 billion in revenue. The sector lost R16 billion in sales by failing to meet its objective of 68 million tons.

Because of the above shortfall, assuming current market prices, more than a third of the R140 billion in tax scheduled to be paid from all South African mining firms.

Who is Transnet?

Transnet SOC Ltd is a significant South African rail, port, and pipeline corporation located in Johannesburg's Carlton Centre.

It was established as a limited business on April 1, 1990. The South African government's Department of Public Enterprises, or DPE, owns the majority of the company's equity.

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Which of the following best describes "economic thinking?"

A. How young children are when they learn about spending.
B. The way highly educated people predict the stock market.
C. How people choose what to do with their own money.
D. How people choose to lose their money.​

Answers

Answer:

b

Explanation:

Answer:

ambitosbhhhhhhhyyyty

What was sweeten company cost of goods sold for march? (Do not round)

Answers

Sweeten Company's Cost of Goods Sold for March was $130,200.

How is the cost of goods sold determined?

The cost of goods sold is made up of the costs of direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.

Data and Calculations:

                                                                        Molding   Fabrication       Total

Estimated total manufacturing hours              4,000         2,400         6,400

Estimated Fixed manufacturing overhead $16,000     $24,000    $40,000

Estimated variable manufacturing overhead

 per machine hour                                           $1.40       $2.20

                                         Job P          Job Q

Direct materials            $20,800     $12,800

Direct labor                     33,600       12,000

Actual Machine Hours:

Molding                             2,740         1,280

Fabrication                          960         1,420

Total machine hours       3,700         2,700

Units produced                    20               30

Predetermined Overhead Rates:

                                                                         Molding   Fabrication

Estimated total manufacturing hours              4,000         2,400

Estimated Fixed manufacturing overhead $16,000     $24,000

Predetermined Overhead Rates                          $4              $10

                                                       ($16,000/4,000)   ($24,000/2,400)

Determination of Applied Overhead Costs:

                                     Job P                            Job Q

Variable Overhead    $5,180 ($1.40 x 3,700) $5,940 ($2.20 x 2,700)

Fixed Overhead:

Molding                   $10,960 (2,740 x $4)       $5,120 (1,280 x $4)

Fabrication               $9,600 (960 x $10)      $14,200 (1,420 x $10)  

Fixed Overhead    $20,560                         $19,320

Total overhead      $25,740                         $25,260

Determination of Cost of Goods Sold:

                                         Job P          Job Q       Total  

Direct materials            $20,800     $12,800   $33,600

Direct labor                     33,600       12,000     45,600

Variable Overhead           5,180         5,940        11,120

Fixed Overhead            20,560        19,320     39,880

Cost of goods sold      $80,140    $50,060 $130,200

Cost per unit                 $4,007        $1,669

Thus, Sweeten Company's Cost of Goods Sold for March was $130,200.

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What is the role of the Federal Reserve System?

a
It adjusts the interest rates for loans.

b
It ensures all financial institutions follow banking laws.

c
It protects up to $250,000 of customer deposits.

d
It regulates the business practices of stockbrokers.

Answers

Answer:

a

It adjusts the interest rates for loans.

Explanation:

The core fed responsibilities include managing money supply, , and regulating financial markets.

It adjusts the interest rates for loans, is the role of the Federal Reserve System. Thus, option (a) is correct.

What is Federal Reserve System?

The Federal Reserve System, also known as the Federal Reserve or simply "the Federal," is the United States' central bank. The Congress established it to give the country with a more secure, adaptable, and stable financial and monetary system. The Federal Reserve is the United States' central bank.

Financial institutions and operations are regulated and supervised. The Federal Reserve examines the effects of each banking institution's safety and health on the wider financial system. The Federal Reserve System is the name given to the United States' central bank. Its key responsibilities include regulating the country's monetary policy and monitoring banks.

As a result, the interest rates for loans, is the role of the Federal Reserve System. Therefore, option (a) is correct.

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On January 1, Year 2, LCJ Rental Cars purchased a car that is to be used to produce rental income. The car cost $35,000. It has an expected useful life of five years and a $5,000 salvage value. The car produced rental income of $9,000 per year throughout its useful life. Assume LCJ started the Year 2 accounting period with a beginning cash balance of $40,000.
Required:

a-1. Prepare an income statement and a statement of cash flows for Year 2.

a-2. Prepare an income statement and a statement of cash flows for Year 3.

a-3. Prepare an income statement and a statement of cash flows for Year 4.

b. Determine the book value of the car for Year 2, Year 3, and Year 4.

Answers

Answer:

On January 1, Year 2, LCJ Rental Cars purchased a car that is to be used to produce rental income. The car cost $35,000. It has an expected useful life of five years and a $5,000 salvage value. The car produced rental income of $9,000 per year throughout its useful life. Assume LCJ started the Year 2 accounting period with a beginning cash balance of $40,000.

Required:

a-1. Prepare an income statement and a statement of cash flows for Year 2.

a-2. Prepare an income statement and a statement of cash flows for Year 3.

a-3. Prepare an income statement and a statement of cash flows for Year 4.

b. Determine the book value of the car for Year 2, Year 3, and Year 4.

In what ways does Tesla address the interests of its stakeholders through its corporate social responsibility strategy? What ethical issues has Tesla faced? What ethical issues is Tesla likely to face in the future? What environmental issues do Tesla products work to address?

Answers

Tesla serves the interests of its stakeholders through its corporate social responsibility strategy by demonstrating through its products such as electric cars, its responsibility towards sustainability and reduction of fossil fuels in the atmosphere, these being the environmental issues in which Tesla Tesla is focused.

Regarding the ethical problems that Tesla has faced and will face in the future, it will possibly be in respect of its other processes, as if its sustainability strategy was just a form of green marketing, as the company faced problems with fraud, environmental issues and cool.

What is Corporate Social Responsibility?

It is the set of actions developed by a company to promote the development of a place through investments in socio-environmental programs and actions.

Therefore, CSR aims to exceed the socio-environmental measures complied with by law, but rather to create positive value for stakeholders through its processes that transform it into an active agent of society's development.

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Outline the initiative that Woolworths , use to lessen their impact on environment

Answers

Woolworths understands that it can have a positive impact on the retail supply chain to make it more sustainable and reduce its carbon footprint. Woolworths' Sustainability Strategy 2007-2015 established a number of targets and commitments for the company to improve its sustainability and reduce its environmental impact by 2015.

Woolworths has launched a number of initiatives and joined a number of programs that promote and aim to have a low environmental impact. Woolworths retail businesses have signed the Kyoto Protocol, an international agreement established by the Framework Convention on Climate Change. The can be defined as an organization that is seen to be using various techniques to reduce their impact on the environment. This initiative helps to make the world a greener place by reducing emissions that are harmful to people's and animals' health. Woolworths uses the following initiatives to reduce its environmental impact: growing greener by lowering emissions, reducing plastic, and sourcing responsibly.

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In business writing, one should use third person for presenting pleasant ideas and second person for presenting unpleasant ideas

Answers

False. Always use third person for presenting unpleasant ideas.

An effective message communicator develops the message from the receiver's perspective, which is a "you attitude" rather than a "me attitude." The deductive pattern is followed by both good news and routine news messages. Avoid using the second person when stating negative ideas in a written message to project a positive, tactful tone. When presenting unpleasant ideas, always use the third person.

Second-person narration is a relatively uncommon narrative technique in which the action is driven by a character ascribed to the reader, known as you. Writing in third person refers to writing from the perspective of an outsider looking in, and it employs pronouns such as he, she, it, or they.

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The Faulk Corp. has a bond with a coupon rate of 5 percent outstanding. The Gonas Company has a bond with a coupon rate of 11 percent outstanding. Both bonds have 18 years to maturity, make semiannual payments, and have a YTM of 8 percent. a. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. What if rates suddenly fall by 2 percent instead? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

5% is your right answer please answer

Do you think installing an experienced female CEO would help the company change its culture and workplace environment?

Answers

Answer:

yes

Explanation:

Woman have much more to offer and have better understanding than men

The Labour Relations Act provides that every employee has the right not to be unfairly dismissed. Discuss this statement (Refer to section 185 of the LRA)​ (20)

Answers

The National Labor Relations Act ("NLRA"),

National labor relation act approved by Congress in 1935,made it plain that the United States' objective is to promote collective bargaining by upholding employees' complete freedom of organization. By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy. Section 1. Strikes and other forms of industrial conflict or unrest have the intention or necessary effect of impeding or obstructing commerce by (a) affecting the effectiveness, safety, or operation of the instruments of commerce; (b) occurring as a result of (a) the denial by some employers of the right of employees to organize and the refusal by some employers to accept the procedure of collective bargaining in the flow of commerce; (c) materially affecting, restricting, or controlling the flow of raw materials or manufactured or processed goods from or into the channels of commerce, or the prices of such materials or goods in commerce; or (d) causing a decline in employment and wages in a quantity that significantly affects or disrupts the market for goods flowing from or into the channels of commerce.

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Bus101 Chapter 5-6 critical thinking questions

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Critical thinking questions:

What characteristics made Vic Ahmed a successful entrepreneur?

How did Ahmed and Steven Case’s partnership and shared vision of “Rise of the Rest” serve their business goals?

Is focusing on smaller cities rather than areas like silicon valley a good strategy, why?

The process of actively and successfully conceiving, applying, analyzing, synthesizing, and/or evaluating knowledge as a basis for belief and action is known as critical thinking. It requires intellectual discipline.

Any topic, piece of content, or issue can be thought about using the critical thinking method, which involves expertly analyzing, evaluating, and reconstructing one's own ideas. Self-directed, self-disciplined, self-monitored, and self-corrective thinking are all characteristics of critical thinking.

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More loans can be made by lenders things to the availability of

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Answer:

Secondary mortgage market  

Explanation:

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Angie has two choices for living arrangements when she goes to college. She can choose to live in the dorm, which costs about $450 per month. She can walk to her classes and won’t need a car. She will also have one roommate she doesn’t know. Her other choice is to live in an apartment with two friends from high school. The apartment will cost about $500 per month, and there will be additional expenses like electricity and cable television. It is also about five miles from campus. Use the PACED decision process to decide what Angie should do. Show each step.

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To use the PACED decision process and help Angie make her choice between the two living arrangement options when she goes to college, means she must take the following steps:

1. Declare the problem

2. List alternatives

3. Identify criteria

4. Evaluate alternatives

5. Make a decision

The acronym PACED therefore stands for problem, alternatives, criteria, evaluation and decision. So we will use this decision process according to Angie's information and needs.

Problem

Choosing between two living arrangement options when going to college.

Alternatives

She can live in the college dorm that costs $450 a month and can walk to her classes. The other option is to rent an apartment with friends, which will cost U$ 500 and will generate extra expenses with transport, electricity and cable TV.

Criteria

Step used to identify what makes one option better than another. In the option of living in the student dormitory, she would not have extra expenses with transportation, electricity and cable TV, in addition to the rent being cheaper than renting an apartment.

In the option of renting an apartment with friends, the benefits would be related to greater privacy, greater reliability in being with known people and greater comfort.

Evaluation

The option of living in the dormitory can be more advantageous, as it generates a reduction in expenses with rent, transport, food, electricity and time to get to classes.

Decision

The best decision for Angie at the moment would therefore be to live in the student dormitory, as it would be an opportunity to reduce her costs, meet new people and be closer to her college.

Therefore, the PACED method can be advantageous in helping to make more objective and effective decisions for different situations.

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321 ASSIGNMENT 1: Individual Assignment. Discuss the contribution of transportation to the development of the developing countries at a global level with specific focus on the South African economy. {100} In essay format​

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In emerging countries, transportation is extremely important. The world's richest and most powerful nations have effective transportation infrastructure. Maciulis (2009) cited as an example:

Increasing reliability, improving service quality, and increasing transport capacity are the goals of investments in transportation infrastructure. As a result, transportation expenses were reduced, and transit times were shortened. Additionally, a stronger transportation infrastructure is a must for business growth. Summarizing the previously discussed concepts, we now have increased productivity and competitiveness, which are the foundation of economic growth.

As human needs change, so do transportation facilities. Today, people, food, and finished goods may all be transported using a variety of modes of transportation, including the car, bus, truck, subway, train, ship, and airplane. Transportation has a lot of advantages, but it also has some drawbacks. According to Litman (2012), greenhouse gases from automobiles are responsible for some consequences on human health and the environment, such as climate change.

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You want to open a new checking account and can deposit $150 dollars into the account to open it. You also plan on writing
about 6 to 8 checks a month from the account. Which of the following banks would you choose to open the account with?
Why?
Bank A charges a $6 per month fee when the balance is below $500.00, there are no check fees.
Bank B has no monthly fee and charges 50 cents for each check over three.
Bank C charges a $3 per month fee and charges 25 cents for each check you write.

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Answer:

 So you deposit $150 in January and 10% more as each month passes by, which if you count, that would be 7 months. When it comes to compound interest, the formula for it is P(1 + r)^t. That means r = interest rate, P = principal, and t = time. In this case, we add 1 to 10% in decimal for. 10% is 0.1 in decimal form. 1 + 0.1 is 1.1. Now, compound 1.1 to the 7th power, because you repeat this 7 times. 1.1^7 is 1.9487171. Don't delete the decimal from your calculator. Now, multiply that decimal by 150 to get the new amount. When you do, you get 292.307565 or 292.31 when rounded to the nearest hundredth. You deposit $292.31 in August.

Explanation:

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