BUSN 380 study Success Tradition/busn380study.com

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BUSN 380 Final Exam Guide (New) FOR MORE CLASSES
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  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
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BUSN 380 Week 1 Problem Set 1 FOR MORE CLASSES
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  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?
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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.
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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.
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BUSN 380 Week 2 Problem Set 2 FOR MORE CLASSES
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  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?
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BUSN 380 Week 2 Quiz Set 1 FOR MORE CLASSES VISIT
www.busn380study.com   Ques
tion 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
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BUSN 380 Week 2 Quiz Set 2 FOR MORE CLASSES VISIT
www.busn380study.com   Ques
tion 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

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BUSN 380 Week 3 Problem Set 3 FOR MORE CLASSES
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  Problem Set 3 1. Louise McIntyres 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 Louises debt
payments-to-income ratio? Is Louise living within
her means?
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BUSN 380 Week 3 Quiz Set 1 FOR MORE CLASSES VISIT
www.busn380study.com   Ques
tion 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
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BUSN 380 Week 3 Quiz Set 2 FOR MORE CLASSES
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  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
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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
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BUSN 380 Week 4 Assignment Project 1 Job Search
and Personal Budget (2 Projects) FOR MORE CLASSES
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  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 Week 4 Problem Set 4 FOR MORE CLASSES
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  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.
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BUSN 380 Week 4 Quiz Set 1 FOR MORE CLASSES VISIT
www.busn380study.com   Ques
tion 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 Week 4 Quiz Set 2 FOR MORE CLASSES VISIT
www.busn380study.com   Ques
tion 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 25 years More than 5
years A year or less
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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.
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BUSN 380 Week 5 Problem Set 5 FOR MORE CLASSES
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  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
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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)
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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.
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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.
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BUSN 380 Week 6 Problem Set 6 FOR MORE CLASSES
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  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.
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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
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BUSN 380 Week 7 Problem Set 7 FOR MORE CLASSES
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  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
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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
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