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BUSN 380 STUDY Career Path Begins/busn380study.com

The Final Exam consists of 45 multiple choice questions worth 4 points each and 6 short answer questions worth 10 points each. <br> Question 1.1 After a lengthy job search, Judy Smith has found a place of employment; however, it is demanding and she is required to work long hours during the week and even on weekends, leaving little time for outside interests. Her decision to work at this job is an example of (Points <br>

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BUSN 380 STUDY Career Path Begins/busn380study.com

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  1. BUSN 380 STUDY Career Path Begins/busn380study.com

  2. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Final Exam Guide (New) FOR MORE CLASSES VISIT www.busn380study.com The Final Exam consists of 45 multiple choice questions worth 4 points each and 6 short answer questions worth 10 points each. Question 1.1 After a lengthy job search, Judy Smith has found a place of employment; however, it is demanding and she is required to work long hours during the week and even on weekends, leaving little time for outside interests. Her decision to work at this job is an example of (Points : Question 2.2. (TCO 1) Marinda Smart is interested in purchasing new appliances for her kitchen that collectively will cost her approximately $5,000. She knows that she could obtain financing for her purchase, but recently heard rumors that there may be layoffs where she works and is concerned about her employment.

  3. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 1 Problem Set 1 FOR MORE CLASSES VISIT www.busn380study.com TCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1 1. Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now? 2. At an annual interest rate of five percent, how long would it take for your savings to double? 3. In the mid-1990s, selected automobiles had an average cost of $12,000. The average cost of those same motor vehicles is now $20,000. What was the rate of increase for this item between the two time periods?

  4. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 1 Quiz Set 1 FOR MORE CLASSES VISIT www.busn380study.com BUSN 380 Week 1 Quiz Set 1 Question 1. Question : (TCO 1) When a person faces a trade-off and must give up something by making a choice, this is referred to as taking out a loan. opportunity cost. the evaluation of alternatives. a decision-making process. a dilemma. Question 2. Question : (TCO 1) In financial planning, a major activity component involves the allocation of current resources for spending.

  5. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 1 Quiz Set 2 FOR MORE CLASSES VISIT www.busn380study.com BUSN 380 Week 1 Quiz Set 2 The danger of lost buying power during times of rising prices is referred to as inflation risk. economic risk. personal risk. interest-rate risk. money risk. Question 2.2. (TCO 1) When bankruptcy is experienced, this can be the result of poor decisions in the _____ component of financial planning.

  6. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 2 Problem Set 2 FOR MORE CLASSES VISIT www.busn380study.com TCO 2 - Problem Set 2 - Tax Fundamentals; Cash Management; Distinctions among Financial Institutions 1. Thomas Franklin arrived at the following tax information: Gross salary, $46,660 Interest earnings, $225 Dividend income, $80 One personal exemption, $3,400 Itemized deductions, $7,820 Adjustments to income, $1,150 What amount would Thomas report as taxable income?

  7. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 2 Quiz Set 1 FOR MORE CLASSES VISIT www.busn380study.com Question 1. 1. (TCO 2) This type of tax is assessed on specific goods and services at the time of purchase. Estate Inheritance Excise General sales Value added Question 2. 2. (TCO 2) Interest earnings of $2,400 from a taxable investment for a person in a 28% tax bracket would result in after-tax earnings of

  8. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 2 Quiz Set 2 FOR MORE CLASSES VISIT www.busn380study.com Question 1. (TCO 2) In order to best compare the earnings for different savings plans, one can refer to each plan's discounted present value. compounded rate of return. net present value. annual percentage yield. after-tax rate of return. Question 2. (TCO 2) Interest earnings of $2,400 from a taxable investment for a person in a 28% tax bracket would result in after-tax earnings of Question 3.3. (TCO 2) _____ can reduce taxable income.

  9. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 3 Problem Set 3 FOR MORE CLASSES VISIT www.busn380study.com Problem Set 3 1. Louise McIntyre’s monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA, MasterCard, and Discover card are $35, $30, and $20, respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? 2. Calculating Debt Payments–to-Income Ratio. Suppose that your monthly net income is $2,400. Your monthly debt payments include your student loan payment, a gas credit card and they total $360. What is your debt payments – to – income ratio?

  10. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 3 Quiz Set 1 FOR MORE CLASSES VISIT www.busn380study.com Question 1. Question : (TCO 3) Examples of _____ include automobile and installment loans for purchasing furniture or appliances. a line of credit a credit card loan open-end credit closed-end credit convenience credit Question 2. Question : (TCO 3) When obtaining open-end credit, you may see this being offered as installment credit. a box of credit. convenience credit. revolving credit. a single lump-sum credit.

  11. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 3 Quiz Set 2 FOR MORE CLASSES VISIT www.busn380study.com 1. (TCO 3) _____ is a good example of a closed-end credit. A credit card issued by a department store A credit card issued by VISA or MasterCard A mortgage loan Using a cashier's check to pay for a purchase Using overdraft protection at a bank Question 2. 2. (TCO 3) A creditor may set a maximum amount of credit that a person is allowed, and this is called a(n)

  12. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 3 Quiz Set 3 FOR MORE CLASSES VISIT www.busn380study.com 1. _____ is a good example of a closed-end credit. A credit card issued by a department store A credit card issued by VISA or MasterCard A mortgage loan Using a cashier's check to pay for a purchase Using overdraft protection at a bank Question 2. When obtaining open-end credit, you may see this being offered as

  13. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 4 Assignment Project 1 Job Search and Personal Budget (2 Projects) FOR MORE CLASSES VISIT www.busn380study.com This Tutorial contains 2 Projects Using your income from your current job or using income from a future job that you are planning on having after graduating from college, construct a budget. Searching for a job: Using a daily newspaper or an online search engine, find the monthly income/salary which will be used as your income in your personal budget. Some useful job search websites: Monster (<a href="http://www.monster.com/">www.monster.com</a>), Career Builder , and Jobs

  14. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 4 Problem Set 4 FOR MORE CLASSES VISIT www.busn380study.com 1. Determining Profit or Loss from an Investment. Three years ago, you purchased 150 shares of IBM stock for $88 a share. Today, you sold your IBM stock for $103 a share. For this problem, ignore commissions that would be charged to buy and sell your IBM shares. a. What is the amount of profit you earned on each share of IBM stock? b. What is the total amount of profit for your IBM investment? 2. Calculating Rate of Return. Assume that at the beginning of the year, you purchase an investment for $8,000 that pays $100 annual income. Also assume the investment’s value has decreased to $7,400 by the end of the year.

  15. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 4 Quiz Set 1 FOR MORE CLASSES VISIT www.busn380study.com Question 1. Question : (TCO 5) Which of the following statements is false? No one is going to make you save the money; you need to start a program. To be useful, investment objectives must be very specific. Investment goals can be different for each individual. Because investment objectives deal with the future, it is useful to plan more than 5 years in the future. A long-term investment objective involves a time period of 2 years or less.

  16. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 4 Quiz Set 2 FOR MORE CLASSES VISIT www.busn380study.com Question 1. 1. (TCO 5) If an investment objective is short term, this means that the goal should be achieved in what time frame? Less than 6 months In 2–5 years More than 5 years A year or less None of the above Question 2. 2. (TCO 5) If an investment objective is considered to be long term, then this means the goal should be achieved in what time frame?

  17. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 4 Quiz Set 3 FOR MORE CLASSES VISIT www.busn380study.com 1. (TCO 5) Which of the following statements is false? No one is going to make you save the money; you need to start a program. To be useful, investment objectives must be very specific. Investment goals can be different for each individual. Because investment objectives deal with the future, it is useful to plan more than 5 years in the future. A long-term investment objective involves a time period of 2 years or less. Question 2. 2. (TCO 5) Eric Peltz earns $70,000 a year. His monthly expenses total $3,600. What is the minimum amount of money that Mr. Peltz should set aside in an emergency fund?

  18. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 5 Problem Set 5 FOR MORE CLASSES VISIT www.busn380study.com Problem Set 5 1. Tammy Monahan is considering the purchase of a home entertainment center. The product attributes and weights she plans to consider are: portability .1 sound projection .6 warranty .3 Tammy rated the brands as follows: Using the Consumer Buying Matrix (p. 252), conduct a quantitative product evaluation rating for each brand. What other factors is Tammy likely to consider when making her purchase?

  19. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 5 Quiz FOR MORE CLASSES VISIT www.busn380study.com Question 1. 1. (TCO 1) _____ is the first phase of the consumer buying process. (Points : 1) Gathering information Evaluating alternatives Selecting the buying location Researching alternatives Identifying the problem Question 2. 2. (TCO 1) The purpose of a cooperative is to (Points : 1) solve consumer complaints. test consumer products for quality. lobby for changes in consumer protection laws. obtain brand-name items for less than wholesale.

  20. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 5 You Decide Potential Purchase Of A Home (2 Papers) FOR MORE CLASSES VISIT www.busn380study.com This Tutorial contains 2 Papers SCENARIO Scenario Summary After a number of years of planning, you have made the decision to evaluate the potential purchase of a home. The goal of the assignment is to compare two homes based on demographics, and also to analyze a number of additional factors related to the home-buying process and ongoing possession. Your Assignment You will first need to research the housing market and compare the values of two similar homes in two different areas. The two homes must be extremely similar in structure size, land size, year built, and additions such as swimming pools or barns.

  21. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 6 Assignment Project 2 Car Buying (2 Projects) FOR MORE CLASSES VISIT www.busn380study.com This Tutorial contains 2 Projects In this assignment, we will learn how to buy a car and figure out whether it is priced at or below market value. First, you need to decide on your budget which is the maximum you can spend on a car and that maximum number should take into consideration price, tax, registration, and fixing if needed. Second, go to a web site such as cars.com and search for a car in within your budget constraint. Third, go to a web site such as the one for the Kelly Blue Book, and find out whether the car is at market value, overpriced, or underpriced.

  22. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 6 Problem Set 6 FOR MORE CLASSES VISIT www.busn380study.com Problem Set 6 1. For each of the following situations, what amount would the insurance company pay? a. Wind damage of $835; the insured has $500 deductible. b. Theft of a stereo system worth $1,300; the insured has a $250 deductible. c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible. 2. Beverly and Kyle Nelson currently insure their cars with separate companies paying $650 and $575 a year. If they insure both cars with the same company, they would save 10 percent on the annual premiums. What would be the future value of the annual savings over ten years based on an annual interest rate of 6 percent?

  23. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 6 Quiz FOR MORE CLASSES VISIT www.busn380study.com 1. (TCO 4) If a home inspection reveals defective house wiring, then this is an example of a (Points : 1) threat. peril. risk. speculation. hazard. Question 2. 2. (TCO 4) If you decide to install a new home security system with cameras, this is an example of _____ risk. (Points : 1) shifting accepting transferring sharing reducing

  24. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 7 Problem Set 7 FOR MORE CLASSES VISIT www.busn380study.com Problem Set 7 1. Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. Total assets $225,000,000 Total liabilities 5,000,000 Total number of shares 4,400,000 2. Calculating the Rate of Return of Investment Using Financial Leverage. Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. If after three years he sold the property for $120,000.

  25. BUSN 380 STUDY Career Path Begins/busn380study.com CJA 234 MART The power of possibility/cja234martdotcom BUSN 380 Week 7 Quiz FOR MORE CLASSES VISIT www.busn380study.com 1. (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at $48 million. The fund has liabilities of $4 million, and the investment company sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value? (Points : 1) $48.00 $30.00 $36.66 $27.50 $1 Question 2.2. (TCOs 6 and 7) A(n) _____ mutual fund is one in which investors pay a commission every time they purchase shares. (Points : 1)

  26. BUSN 380 STUDY Career Path Begins/busn380study.com

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