Assignment Questions
In Section 3, you learned about personal finance. Now, you'll apply what you learned.
1. Write your answers to at least three of the Lesson 1 questions on the What You Want from Your Life page. (3-6 sentences. 3.0 points)
TIP: Separately, you can write out a vision statement for yourself. Since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life.
2. List at least three of your financial goals. Explain whether they are short-term, intermediate, or long-term. (3-6 sentences. 1.5 points)
3. List at least three categories from your budget that show where your money will go. (1-3 sentences. 1.5 points)
4. List at least two features you would look for in a bank. (1-3 sentences. 1.0 points)
5. Describe two risks involved in banking, and explain how banks can protect against those risks. (2-6 sentences. 2.0 points)
6. Go to the Web site for a well-known bank, and read about the process for opening a new bank account. Describe the process here. (4-8 sentences. 3.0 points)
7. Calculate the ROI dollar amount and percentage for these example investments.
a. You invest $50 in a government bond that says you can redeem it a year later for $55. Use the instructions in Lesson 3 to calculate the ROI dollar amount and percentage. (3.0 points)
TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
b. You invest $200 in stocks and sell them one year later for $230. Use the instructions in Lesson 3 to calculate the ROI dollar amount and percentage. (3.0 points)
TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
8. Explain whether your priority in starting a company is making an equity investment or receiving income. Do you care more about selling the company for a profit, or about getting income from it? (1-3 sentences. 2.0 points)
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 21:00, JuanTorres7
On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed. required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.
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Business, 22.06.2019 05:10, mariap3504
Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision
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Business, 22.06.2019 17:50, adamflex
Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.
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Business, 22.06.2019 22:40, deeknuk
Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.
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Assignment Questions
In Section 3, you learned about personal finance. Now, you'll apply what you l...
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