Installment Buying and Creating and Maintain A Budget
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Installment Buying and Creating and Maintain A Budget
- 1
Installment Buying:
Businesses need assets. Sometimes those assets can be purchased with cash on hand. Other times financing is needed or preferred.
Post 1: Initial Response
Congratulations! You own your own business. Your business is looking to finance an asset. Find one or more pieces of office equipment online (computers, printers, desks, chairs etc.) with a total price of at least $10,000. Include the URL to the item(s) you are purchasing in your post. Choose a down payment percentage between 5% and 20%. State the percentage amount you chose and calculate the down payment amount. Then calculate the amount financed. Ignore tax and shipping for the purposes of this discussion. Show all steps used in your calculations.
Describe your business in your post. Using several sentences, discuss how your chosen asset will be used in your business and whether financing the asset is in the best interest of your business.
- 2
Markups and Markdowns:
How is your business going to price its goods? As a business owner, you must decide how you will markup items that you sell. If that does not work out, you may need to make the tough decision to markdown your goods.
Post 1: Initial Response
Your business is off to a good start and you are ready to sell some goods. You must decide on your pricing strategy. Choose an item your business will sell and find the selling price of that item online from a competitor’s website. Describe the item and include the URL to the item you are selling in your post. Use an internet search engine to find the average markup percentage on this type of item. For example, search the average markup on lawn mowers. State what percentage you found. Use that markup percentage to calculate the cost and dollar markup of the item. Show all calculations.
How satisfied are you with your markup? Using several sentences discuss what markup strategy you intend to use. Will you stick with the average industry markup or go with something else? Will you calculate all your markups by hand or use a different strategy to calculate?
- 3
Payroll:
Congratulations! You have completed your degree and are now ready to pound the pavement in search of your dream job.
Post 1: Initial Response
Use an internet job board to find a posting for the position you hope to get once you have completed your degree. Find a posting that includes the salary. Include the URL to the position in your post.
Next, open a blank Excel spreadsheet. Take the salary from your job posting and use Excel formulas to calculate your weekly, biweekly, semimonthly, and monthly gross pay. Watch this video to show you how to do this. Include the Excel spreadsheet in your post.
Using several sentences, describe your future job, what salary you found, and the results of your calculations.
Link to video:
MM255 Unit 3 Discussion Board – YouTube
- 4
Budgeting:
Local governments in the U.S. have a profound impact on the daily lives of its residents as they provide many of the services that touch the lives of every person living in the area. A few examples include clean water to drink or sidewalks to walk a dog on in the morning. To provide those services, they have to create and maintain a budget.
Post 1: Initial Response
As a prominent business owner in your city, you have been chosen to be on the local city council. It is your duty to review the mayor’s proposed budget for the year and approve it. As a member of the council, you are tasked with listing three revenue sources and three expense items listed on the mayor’s budget so the council may consider them.
Use an internet search engine to find the most current year’s budget for your city government that you can find. Include the URL. State three revenue sources and their respective budgeted dollar amounts. Then state three expense items and their respective budgeted amounts. Calculate the percentage of the total revenue/expense for each of your chosen revenue/expense sources by calculating: item revenue/total revenue and item expense/total expenses. Using several sentences, discuss with your fellow council members what these six items are and why we need them.
- 5
Interest:
Businesses need to purchase equipment, whether it is computers to run their online platforms or backhoes to dig out the foundations on new houses. They may choose to buy it now and take out a loan that would cost them interest or they could put aside money today and earn enough interest on their investment to be able to purchase the equipment in the future.
Post 1: Initial Response
You have set a goal for your business to purchase three pieces of equipment. Find three pieces of equipment for sale online that will help your business work more efficiently or effectively. Include the URLs. Prioritize the three pieces of equipment that you have chosen in the order you think you need them and the urgency in which you need them.
Save for the equipment. Select between 5–10 years to save to purchase each piece of equipment. In order to have the money saved for your first priority piece of equipment sooner, choose the shortest number of years for the #1 piece of equipment and the longest number of years for the #3 piece of equipment. Choose an interest rate between 2–10% for each piece of equipment.
Next, open a blank Excel spreadsheet and type in the purchase price of the equipment you have chosen. Use Excel PV formula to calculate what you put in today to buy equipment in the future. Watch this video to show you how to do this. Include the Excel spreadsheet in your post.
Using several sentences, describe the equipment and how it will help your business. Include in your post the number of years and interest rate you have chosen as well as the results Excel gave you.
Link to video
MM255 Unit 5 Discussion Board – YouTube
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
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