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FOR MORE CLASSES VISIT\nwww.busn380study.com\n\nTCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1 \n

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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.
busn 380 slingshot academy busn380study com8
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.
busn 380 slingshot academy busn380study com9
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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