Summarize red lines and reverse red lining and why they are unethical lending practices

Answers

Answer 1

Answer:

3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.


Related Questions

It is December​ 31, the end of the​ year, and the controller of Saxton Corporation is applying the​ lower-of-cost-or-market (LCM) rule to inventories. Before any​ year-end adjustments, the company reports the following​ data: LOADING...​(Click the icon to view the​ data.) Saxton determines that the net realizable value of ending inventory is $48,000. Show what Saxton should report for ending inventory and for cost of goods sold. Identify the financial statement where each item appears. Financial statement where item is reported Balance to be reported Inventory Balance Sheet Cost of goods sold Income Statement 393000

Answers

The inventory that will be reported on the balance sheets is $43000 while the cost of goods sold is $455000

Your question is incomplete. A similar question will be used on guiding you. Let's assume the following figures:

The net realizable value of ending inventory = $43000Historical cost of ending inventory = $58000Cost of goods sold = $440000

To know the inventory amount that will be reported on the balance sheets, you've to select the lowest between the net realizable value of the ending inventory and the historical cost of ending inventory. The lowest is $43000.

The cost of goods sold that'll be reported will be:

= $440,000 + $15,000

= $455,000

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Michek Company loans Sarasota Company $2,000,000 at 6% for 3 years on January 1, 2020. Michek intends to hold this loan to maturity and has the financial ability to do so. The fair value of the loan at the end of each reporting period is as follows. December 31, 2020 $2,050,000 December 31, 2021 2,020,000 December 31, 2022 2,000,000 Prepare the journal entry(ies) at December 31, 2020, and December 31, 2022, for Michek related to these bonds, assuming (a) it does not use the fair value option, and (b) it uses the fair value option. Interest is paid on January 1.

Answers

Michek Company's Journal Entries related to loans to Sarasota Company are as follows:

a) Journal Entries without using fair value option:

December 31, 2020:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

b) Journal Entries with fair value option

December 31, 2020:

Debit Loan Receivable $50,000

Credit Unrealized Gain from Fair Value $50,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Unrealized Loss from Fair Value $20,000

Credit Loan Receivable $20,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

Data and Calculations:

January 1, 2020, amount of loan = $2,000,000

Interest rate = 6%

Period of loan = 3 years

December 31,                   2020           2021           2022

Fair value of loan   $2,050,000   2,020,000   2,000,000

Interest income         $120,000     $120,000     $120,000 ($2,000,000 x 6%)

Payment of interest = January 1

December 31, 2021:

Debit Unrealized Loss from Fair Value $30,000

Credit Loan Receivable $30,000

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

Thus, the Loan Receivable account's balance at December 31 each year varies only when using the fair value option.

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Explain what options there are for student loans.

Answers

Answer:

federal student loans and private loans.

Explanation:

2. If information is disseminated, what happens to it?

A) It is altered
B) It is distributed
C) It is destroyed
D) It is stored

Answers

Answer:

b

Explanation:

by definition, disseminate means to distribute or broadcast information

Suppose that Markus Braun was trying to decide where he should open businesses next. He wants to make a rational decision. What should be his first step in making that decision?

a . Define the problem.
b. Generate alternative courses of action.
c, dentify criteria for judging the decision.
d. Compute the optimal decision.

Answers

Markus Braun's first step in making a rational decision is a. Define the problem.

The definition of the problem of where to open businesses will enable Markus to:

Establish critical decision criteria that will be used to adjudge the different choices.

Ascertain and evaluate the optimal locations that will meet his investment requirements.

Six decision-making processes identified for achieving satisfactory outcomes include:

Step 1 is the Identification of the Problem Step 2 is the Establishment of the Decision Criteria Step 3 is the Weighing of the Decision Criteria Step 4 is the Generation or Identification of Alternatives Step 5 is the Evaluation of Alternatives Step 6 is the Selection of the Best Alternative

Thus, wherever these processes are followed, the probability of achieving favorable outcomes become higher.

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Agribusiness Systems

Test
Unt To
Act
TIERRING
012854
Which option identifies the concept being utilized in the following scenario
A cereal manufacturer is planning to improve its facility by reparing the paingots and installing
lighting for a cost of $50,000. They determine that, given a 5 percent interest rate, with a $10.000
payment, it would take them 10 years to break even
payback period analysis
time value of money analysis
discounted payback
period analysis
discount rate of return analysis


What concept is being used

Answers

Payback period analysis

Distinguish between financial and cost accounting.

Answers

Cost accounting compiles the cost of raw materials, work-in-process, and finished goods inventory, while financial accounting incorporates this information into its financial reports (primarily into the balance sheet). ... Financial accounting personnel issue reports only at the end of a reporting period.

Which of the following are true of NASA? You may choose more than one answer.

NASA's goal is to explore rock formations on Earth.
NASA was formed in 1958.
NASA stands for the National Aeronautics and Space Administration.
NASA was eventually based out of Orlando, Florida.

Answers

Answer:

NASA stands for the national aeronautics and space administration

Explanation:

I know this is right, just not sure about the other ones

Answer:

NASA was formed in 1958, NASA stands for the National Aeronautics and Space Administration.

Explanation:

Hope this helps! :)

ATM stands for automatic time machine right?

Answers

ATM stands for automated teller machine or in text it can mean At The Moment

Hope this helped you, have a good day bro cya)

Answer:

No i don't  think so I think it means -automated teller machine

Explanation: Hope that helps but that is what I think it means

Mark the types of businesses that are most likely to need
personal liability protection for their owners. (Select five
answers.).
Driver's education classes
A dressmaker
A children's daycare center
Skiing lessons
Web design service
Cleaning service
An in-home nurse
A bakery
Graphic design service
A jewelry maker

Answers

Answer:

Driver's education classes, a children's daycare center, skiing lessons, an in-home nurse, and a bakery are more likely to need personal liability protection for their owners.

Explanation:

Those are business types that put people's health and safety at risks.

which of the following business is LEAST likely to be organized as a sole proprietorship?

Answers

Answer: Their business and personal assets are at risk. managerial ability is limited, sole proprietorship form of business organization is not suitable for large-scale business.

Explanation:

Someone help choose correctly

Answers

Answer:

Bottom one for sure and least I think is either top one or the second to last.

Read the passage. Then answer the question that follows. Nikia designs and produces board games that she sells online. She formed a small company and hired two employees to help design, carve, and paint the individual pieces for each game. Because it takes so much labor to produce each game, the company completes and sells only a few games per month, and each one costs a lot of money. After some research, Nikia purchased a 3D printer that can produce game pieces much more quickly than a person can Which answer BEST represents how Nikia's investment in capital goods will affect the market for Nikia's board games?
O an increase in demand
O a decrease in demand
O an increase in supply
O a decrease in supply​

Answers

I would say the C. is the correct answer, because if the 3D Printer prints the pieces faster, the games are sold more frequently. I hope this helps, and that it makes sense to you.

Justine heard that an Australian newspaper has just published a very interesting article about the koala bear, her favorite animal. Justine is most likely to find this article online, as the internet allows for quick access to which type of news?

Select one:

a.
local news


b.
world news


c.
honest news


d.
entertainment news

Answers

I think the correct answer is B. World news I’m not sure

Which two are segments in a Marketing Plan? (Choose two)

Demographic


Psychographic


Income


Loyalty

Answers

The two segments that are part of a Marketing Plan are: A. Demographic and B. Psychographic segments.

A marketing plan details a company's target market, the brand's value proposition, the marketing campaigns, and the evaluation metrics for assessing if marketing initiatives are effective and inefficient.

In the marketing plan, the target market is usually segmented to enable the marketing efforts to yield good results.

The four major segments are:

DemographicPsychographicGeographicBehavioral.

The "demographic" segment classifies the target market based on age, gender, or race.  On the hand, "psychographic" segmentation dwells on consumers' activities, interests, and opinions, which go beyond the demographic classification.

Thus, the two segments that are part of the Marketing Plan are demographic and psychographic, while income and loyalty are ingredients in the segments.

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Answer: Demographic

Psychographic

Explanation:

As a business owner, explain the importance of scanning the internal and external environment of a business.

Answers

Answer:

1. Identification of strength

2.identificationof weakness

3. Identification of opportunity

4. Identification of threat

5. Optimum of use of resources

what is professonal education?​

Answers

Answer:" Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior."

Explanation:

Drag the tiles to the correct boxes to complete the pairs.
Match each financial concept with its correct situation.
time value of money
store of value
personal disposable income
consumer credit
Angela chooses between having $1,000 now,
and investing it in a savings account so that
she can have $1,050 a year from now.
>
Jane has $2,500 monthly to spend after she
pays taxes
>
David saves his money for the future so he
can live comfortably in retirement
Lester uses a credit card to purchase a new
iPad, as he cannot pay the entire amount now.
Reset
Next

Answers

Angela = time value of money / Jane = personal disposable income / David = store of value / Lester = consumer credit

In economics, different concepts explain money and its use. Some of these concepts include:

Time value of money: This concept proposes money is more valuable today than in the future. This is shown by Angela because she decides to have $1000 rather than to invest this money.Personal disposable income: This refers to the amount of money one can spend after paying taxes. This concept is exemplified by Jane because $2500 is the amount of money she can spend after paying her taxes.Store of value: This concept implies money can be saved because it will have the same value in the future. This concept is exemplified by David because he expects the money he saves today is equally worth in some years.Consumer credit: This refers to loans to pay for products or services. This is what Lester is doing because he is using credit or a loan to pay for a new device.

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Answer:

Explanation:

If you want the answer faster, here it is.

Question 1
A) Sarah has an apple and Ava has a bag of chips. Sarah would rather consume the bag of chips, and Ava would prefer to consume the apple. Which of the following is an example of bartering?(1 point)

Sarah pays Ava $1 for her bag of chips.


Ava pays Sarah $1 for her apple.


Sarah trades her apple for Ava's bag of chips.


Sarah and Ava consume the goods they currently possess.


Question 2
A) Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and services. In this case, gold is functioning as a(n)(1 point)

store of value.

unit of account.


fiat money.


medium of exchange.


Question 3
A) Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a consumer good. In this scenario, rice is said to be(1 point)

fiat money.


representative money.


currency.


commodity money.


Question 4
A) Elementary school students often trade food items at lunch in an effort to have the best lunch possible. In one elementary school, pudding cups have become so popular that they have become a unit of account. This means that(1 point)

a pudding cup will likely have the same purchasing power tomorrow as it does today.


a pudding cup entitles its holder to a share of some valuable asset.


students are eager to accept pudding cups in exchange for any lunch item.


the price of other lunch items is expressed in quantities of pudding cups.


Question 5
A) Which of the following illustrates the difference between the U.S. dollar, a form of fiat money, and a U.S. gold certificate, a representative currency?(1 point)

A U.S. dollar does not have value in addition to its value as money.


A gold certificate does not represent a claim to some specific asset.


A gold certificate does not have value in addition to its value as money.

Answers

1. An example of bartering is Sarah trades her apple for Ava's bag of chips.

2. Gold has historically functioned as money because it is a medium of exchange.

3. In the hypothetical economy, rice is said to be a commodity money.

4. When Pudding cups serve as a unit of account, it means that the price of other lunch items is expressed in quantities of pudding cups.

5. The difference between the U.S. dollar, and a U.S. gold certificate is a  U.S. dollar does not have value in addition to its value as money.

Trade by barter is when people exchange goods with goods. Money is not used in a trade by barter. Trade by barter was used before the invention of money. For example, a trade by barter occurs when Sarah trades her apple for Ava's bag of chips.

Commodity money is money for which its value comes from the commodity from which it is made.

Fiat money is currency whose value is not backed up by any asset. Representative money is money whose value is backed up an asset.

Money can be described as something that is accepted as a means of payments for products.

 Functions of money

1. Medium of exchange: money serves as a medium of exchange when it is accepted as payment for goods and services. For example, 2 ounces of gold is accepted as means of payment for a dress.  

2. Unit of account: money can be used to determine the value goods and services, For example, 2 cups of puddings is equivalent to plate of fruits.  

3. Store of value: money can retain its value over the long term, this it can be used as a store of value.

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Answer:

1. Sarah trades her apple for Ava's bag of chips.

2. medium of exchange.

3. commodity money.

4. the price of other lunch items is expressed in quantities of pudding cups.

5.  U.S dollars does not represent a claim to some specific assets


4. This individual is the first person you will see as you walk in to an organization.

A) The administrative assistant
B) Th receptionist
C) The word processor
D) The accounts clerk

Answers

The answer is B, the receptionists job is to greet and check in people entering.
B Generally the receptionist is the one at the front who would greet people.

Ishmail is figuring out whether his products will be used by the end consumer or be purchased by businesses to create other products. This decision will determine whether he creates industrial or consumer goods. He decides to make a chart comparing and contrasting these two types of goods. What should he include for each type of “good” on this chart?

Answers

Ishmail can produce either industrial goods or consumer goods. They have different characteristics as shown below:

Industrial goods:

Either raw materials or goods that have not been processed into their final form. Bought by other businesses in order to process them into finished goods Used in the production of goods and services e.g. machinery Are generally more expensive than consumer goods Purchased in large quantities

Consumer goods:

Final products that are meant for consumers Can be durable or non-durable Usually bought in small quantities Cheaper than industrial goods.

In conclusion, industrial goods and consumer goods are generally different in terms of buyers, price and volume of purchase.

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Which of the following characterize a manager as being efficient?

Answers

Explanation:

They use a minimum amount of resources for the amount of outputs produced.

The demand curve shows that the quantity consumed of a good or service

Question 6 options:

decreases as price decreases


is not affected by price


increases as price increases


increases as price decreases

Answers

Answer:

increase by price

Explanation:

because, of quantity let me m know if I am correct I am pretty sure I am

Match the term with the correct definition.

Question 25 options:

type of reaction that has occurred in a flask when it becomes warmer


components are present in a fixed ratio


the carbon-oxygen bond is an example


type of reaction from rotting tree


tastes bitter


tastes sour


gold is an example


the lithium-bromide bond is an example


type of reaction from forest fire


type of reaction that has occurred in a flask when it becomes colder


compounds are present in an unfixed ratio

1.
ionic bond

2.
covalent bond

3.
exothermic reaction

4.
endothermic reaction

5.
combustion reaction

6.
decomposition reaction

7.
compound

8.
element

9.
mixture

10.
acid

11.
base

Answers

Answer:

i wish i knew

Explanation:

sorry

Im sorry but these are the only few I know, or at least think they are correct;-;

Answer:

3.  

type of reaction that has occurred in a flask when it becomes warmer: exothermic reaction

8:

gold is an example: Element

10:

tastes sour: acid

2:

the carbon-oxygen bond is an example: covalent bond

4:

type of reaction that has occurred in a flask when it becomes colder: endothermic reaction

Which of the following tasks would be very difficult using only a keyboard and text?
Renaming a file
Drawing a picture
Writing a document
Playing games
Sending an e-mail

Answers

Answer:Which of the following tasks would be very difficult using only a keyboard and text?

Renaming a file

Drawing a picture

Writing a document

Playing games

Sending an e-mail

Explanation:

Drawing a picture, tasks would be very difficult using only a keyboard and text. Therefore, option (b) is correct.

What is keyboard?

The term keyboard refers to the optical of the computer. A person used the keyboard as the mainly work to the typing. The keyboard as the multitasking work as the included the letters, numbers, symbols, and the F1 to F12, signs. and the other things as the included to the easy the work.

Drawings are mainly done by hand. However, as technology advanced, the computer became the feature that was used to draw the drawing. The computer, as the icon, paints the drawing with many options like as forms, brushes, different shades of color, and other tools. However, utilizing the keyboard is a more challenging.

Therefore, option (b) is correct.

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#SPJ2

Two types of multitasking are:
O Competitive tasking and complex tasking
O Task switching and dual tasking
O Task switching and competitive tasking

Answers

The second option is the correct one.

For a corporation, direct investment from owners occurs when:

Answers

For a corporation, direct investment from owners occurs when there is an influx of capital to get equity shares

A corporation is an institution or organization that is made up of a group of people who come together and act as a single entity.

When there is a direct investment from owners of a corporation, then this means that there is an influx of capital to buy equity shares.

There are different ways of making a direct investment such as:

Buying sharesOpening a company in another country, etc

Therefore, when a corporation makes a direct investment, then they are buying equity shares

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The common stock of A.G. Tailor has a required return of 16 %. The latest press release stated that last year's dividend (D0) was $0.90 per share and that future dividends will increase by 15% for the following 3 years. After year 3, the dividend growth rate will be 3% indefinitely. What is one share of this stock worth to you today

Answers

The worth of this share today is $9.61

The two-stage dividend growth model would be used to determine the value of the stock today. There are two stages in this model. In the first stage, there is a high rate of growth. In the second stage, high growth rate falls to a steady growth rate.

Stage 1 of growth

dividend in Y1 = 0.90 x 1.15 = 1.035

dividend in Y2 = 0.90 x 1.15^2 = 1.19

dividend in Y3 = 0.90 x 1.15^3 = 1.37

Stage 2 of growth

Y3 = (3.91 X 1.03) / (0.16 - 0.03) = 10.85

Find the present value of these cash flows

(1.035 / 1.16) + (1.19/ 1.16²) + (1.37 / 1.16³) + (10.85/1.16³) = $9.61

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An attempt to assess the worth of each job relative to other jobs is known as
Select one:
a. job analysis.
b. job evaluation
c. the wage-level decision.
d. performance appraisal.
e. benefit determination.
Can someone help??

Answers

An assessment is often carried out to fine out if someone or someone is performing up to task or doing what is expected.

An attempt to assess the worth of each job relative to other jobs is known as job evaluation.

Job Evaluation is simply refered to as a form of stepwise process of knowing the capabilities or worth of one job when compared to another job in the organisation. During this evaluation, the known capabilities of various jobs are thoroughly viewed or assessed so that wages can be paid based upon the worth of the job.

Conclusively, Relative worth is known by based on job description and job specification and as such, job evaluation helps to know wages and salary level for all jobs.

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High costs are associated with high
unemployment. What economic
phenomena is associated with high
unemployment?
A. Economic Growth
B. Economic Stability
C. Economic Depression

Answers

Answer:

C. Economic Depression

Explanation:

Economic Depression is when an economy goes into financial turmoil/ struggles.

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