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FOR MORE CLASSES VISITwww.busn380study.comTCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1

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Busn 380 slingshot academy busn380study com

BUSN 380 Slingshot Academy / busn380study.com

For More Tutorials

www.busn380study.com


Busn 380 slingshot academy busn380study com1

BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Final Exam Guide (New)

BUSN 380 Week 1 Problem Set 1

  • 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.

  • 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?


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 1 Quiz Set 1

BUSN 380 Week 1 Quiz Set 2

  • 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.

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 2 Problem Set 2

BUSN 380 Week 2 Quiz Set 1

  • 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

  • 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


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 2 Quiz Set 2

BUSN 380 Week 3 Problem Set 3

  • 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.

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 3 Quiz Set 1

BUSN 380 Week 3 Quiz Set 2

  • 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

  • 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


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 3 Quiz Set 3

BUSN 380 Week 4 Assignment Project 1 Job Search and Personal Budget (2 Projects)

  • 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

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 4 Problem Set 4

BUSN 380 Week 4 Quiz Set 1

  • 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.

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 4 Quiz Set 2

BUSN 380 Week 4 Quiz Set 3

  • 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

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 5 Problem Set 5

BUSN 380 Week 5 Quiz

  • 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

  • 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


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 5 You Decide Potential Purchase Of A Home (2 Papers)

BUSN 380 Week 6 Assignment Project 2 Car Buying (2 Projects)

  • 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.

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 6 Problem Set 6

BUSN 380 Week 6 Quiz

  • 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.

  • 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.


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BUSN 380 Slingshot Academy / busn380study.com

BUSN 380 Week 7 Problem Set 7

BUSN 380 Week 7 Quiz

  • 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

  • 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


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BUSN 380 Slingshot Academy / busn380study.com

For More Tutorials

www.busn380study.com


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