ABC costing refers to a costing technique that recognizes activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption of the activities.
1. How much of the account billing cost will be assigned to Department A?
The total cost of account billing is $200,000, and the activity-cost driver is 4,000,000 lines. Thus, the cost per line will be:$200,000 ÷ 4,000,000 = $0.05
The number of lines used by Department A is 950,000 lines. Therefore, the total cost of account billing that will be assigned to Department A will be:$0.05 × 950,000 lines = $47,500
Thus, $47,500 of the account billing cost will be assigned to Department A.
2. How much of the account verification accounts cost will be assigned to Department B?
The total cost of account verification accounts is $173,250, and the activity-cost driver is 70,000 accounts. Thus, the cost per account will be:$173,250 ÷ 70,000 accounts = $2.47
The number of accounts used by Department B is 6,500 accounts. Therefore, the total cost of account verification accounts that will be assigned to Department B will be:$2.47 × 6,500 accounts = $16,055. Thus, $16,055 of the account verification accounts cost will be assigned to Department B. Therefore, $16,055 of the account verification accounts cost will be assigned to Department B.
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How can business decisions affect local community?
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Janet wants to line a block of text on the right what up come in and allow her to do this
a. indet
b. window control
c. justification
d. line and page breaks
Answer:
I believe the answer would be C. Justification
Explanation:
She would be allowed to do this.
HELPPPP ASAP GIVING BRAINLESS IF THE ANSWERS ARE CORRECT.
Use these words to answer the questions:
raw material, social, decision making, economic, labour, unemployment, personalized
HELP PLEASE!!!
1. The Building & Construction encompasses both hands-on vocations and conceptual high-end careers.
True
False
2.
What is the minimum education needed to start a career as a Cabinet maker?
A college diploma in cabinet making
An Associates degree in cabinet making
A Ph.D. in woodworking is required
Only vocational training is needed to start a career as a Cabinetmaker
3. A majority of the careers that require more education also tend to pay a higher salary.
True
False
4. Many careers require some education beyond high school even for entry level positions. The career in Section 3 that is an exception to this is:
Welder
Cabinetmaker
Electrician
Set Decorator
5. The career that encourages obtaining an APTI or CAT certification is
HVAC Installation and Maintenance
Air Pollution Control Manager
Water Quality Specialist
Building Inspector
Answer:
#1 is False
#2 Cabinet makers are not required to have completed formal education related to the trade, but most employers prefer to hire individuals with a minimum of a high school diploma or General Educational Development (GED) credential.
#3 True
Explanation:
Suppose you are deciding whether to buy a particular bond. If you buy the bond and hold it for 4 years, then at that time you will receive a payment of $10,000. If the interest rate is 6 percent, you will buy the bond if its price today is no greater than.
The price you would buy the bond today will not be greater than $7,920.94.
What is the price of the bond?In order to determine the price of the bond, the present value of the bond has to be determined. The present value is the sum of discounted cash flows. It is derived by discounting the amount expected to be received in the future by the interest rate.
Present value = ($10,000 / 1.06^4) = $7,920.94
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Which of these sentences is free of needless, empty phrases or buzzwords? Organizations require leaders who are able to solve problems and work with competing groups to achieve goals for the entire group. Building on our synergies with other organizations, we can learn to think outside the box. Going forward, we expect to maximize our core capabiites and take them to the next level. Needless to say, we need to turn this thing into a win-win.
"Organizations require leaders who are able to solve problems and work with competing groups to achieve goals for the entire group."
This sentence is clear and concise, focusing on the essential qualities of leaders that organizations need. It does not contain any unnecessary jargon or buzzwords.
To explain why the other sentences are not free of needless, empty phrases or buzzwords:
- "Building on our synergies with other organizations, we can learn to think outside the box." This sentence includes the buzzword "synergies" and the empty phrase "think outside the box," which is often used without providing specific details or examples.
- "Going forward, we expect to maximize our core capabilities and take them to the next level." This sentence includes the empty phrase "going forward" and the buzzwords "maximize" and "take to the next level," which are vague and lack concrete meaning.
- "Needless to say, we need to turn this thing into a win-win." This sentence includes the empty phrase "needless to say" and the buzzword "win-win," which is overused and lacks specificity.
In summary, the first sentence is the only one that effectively communicates the intended message without unnecessary phrases or buzzwords.
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why is it important to know your job criteria before searching for a job?
It is important to know your job criteria before searching for a job because it helps in aligning your skills, interests, and goals with the right employment opportunities.
Knowing your job criteria allows you to focus your job search efforts effectively. By identifying the specific skills, qualifications, and experiences you are seeking in a job, you can narrow down your search and target positions that align with your desired criteria. This saves time and effort by avoiding irrelevant job opportunities.
Additionally, understanding your job criteria enables you to make informed decisions about potential job offers. When you have a clear understanding of what you are looking for in a job, you can evaluate opportunities based on how well they match your criteria. This helps ensure a better fit between you and the job, leading to greater job satisfaction and career success.
Overall, knowing your job criteria provides clarity and direction in your job search, helping you pursue opportunities that align with your skills, interests, and long-term career goals.
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Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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Click this link to view O*NET’s Tasks section for General and Operations Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by General and Operations Managers? Check all that apply.
filing paperwork and entering data into computers
researching, purchasing, installing, and maintaining computers and office technology
reviewing financial statements, sales and activities reports, and other data
overseeing activities related to making products or providing services
managing staff, preparing work schedules, and assigning duties
directing and coordinating activities of businesses or departments
Answer:
C). Reviewing financial statements, sales, and activities reports, and other data
D). Overseeing activities related to making products or providing services .
E). Managing staff, preparing work schedules, and assigning duties
F). Directing and coordinating activities of businesses or departments.
Explanation:
The general and operations managers are responsible for managing the use of resources in the organization and supervising the budget and finances. He/she assesses the financial statements associated with sales, activity reports, and other data related to the projects going on. He/she also looks after the activities associated with making products or dispensing services, preparation of work schedules, managing the staff, assigning responsibilities to them, and directing the staff appropriately to ensure coordination among various activities that are going on at different levels and departments which helps in collectively bringing out the desired output for the organization. Thus, options C, D, E, and F are the correct answers.
Answer:
3,4,5 and 6
Explanation:
3. reviewing financial statements, sales and activities reports, and other data
4. overseeing activities related to making products or providing services
5. managing staff, preparing work schedules, and assigning duties
6. directing and coordinating activities of businesses or departments
Done on Edg Jan.2021
What is advertising??
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
Yes or yes? Please help me I am to not smart edhfvidsnf
Answer:
I think yes 000000000000000
Mr. and Mrs. Bachman, both age 65, file a joint return. In 2021, they have wages of $30,000, dividends of $6,200, and municipal bond interest of $3,000, and they received $10,300 for the sale of stock that cost $4,000 in 1992. They made a $3,000 contribution to their Roth IRA, paid $4,100 in deductible mortgage interest and real estate taxes, and made a $2,500 charitable contribution. What is their gross income, adjusted gross income, and taxable income?
Taxable income and adjusted gross income differ primarily in that gross income is any revenue that is not specifically exempt from taxes under the Internal Revenue Code (IRC).
Gross income equals $30,200 plus $6,200 plus $3,300 plus $10,300.
$30,200 plus $6,200 plus 6,300 is the adjusted gross revenue.
$25,100 - $30,000 + $6,200 - $6,300 = Taxable Income.
What does "adjusted gross income" mean?As a result, adjusted gross income is the income that is used as a baseline against which some permitted adjustments can be made to determine taxable income.
What distinguishes gross income from permitted deductions?Deductions are subtracted from your gross income to determine your taxable income. Gross income is defined as all earnings from all sources that aren't expressly excluded from taxation under the Internal Revenue Code.
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Which examples would be transactions that take place in the product market of the
circular flow of business?
Select 3 correct answer(s)
Justin eats at a local restaurant and provides a tip to the waiter.
Susan hires a new stylist at her salon.
Ronald gets his eyes checked at the optometrist.
Bob buys a shirt from a department store in the mall.
Jennie purchases a new delivery truck for her flower shop.
Bob purchases a shirt from the a departmental store in the mall, Bob dines at a neighborhood restaurant, Justin tips the waitress, Jennie purchases a fresh delivery van for her flower company. this is accurate in transaction.
What do accounting purchases mean?Definition. All items and services acquired for resale or use throughout the manufacturing process are included in the cost of goods and services purchased, except capital goods whose consumption is recorded as use of fixed capital.
What is a buy example?10,000 pairs of shoes are ordered by Shoes Unlimited from a foreign vendor. The issue of a purchase agreement is required for this.
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Answer:
- Bob buys a shirt from a department store in the mall
- Ronald gets his eyes checked at the optometrist
- Justin eats at a local restaurant and provides a tip to the waiter
Explanation:
Susan's option takes place in the resource market.
Jennie's option is a capital purchase in the resource market.
Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph
essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true
risks of investment with this company, and does the company accurately describe these risks? What are the potential
returns on an investment, and does the company accurately describe these returns?
All investment types do possess some level of risks hazard. Based on the evidence available to me, the investment opportunity that more likely to be fraudulent is the first investment that is made.
The true risks of investment with this company are hazard linked to land, stocks, wares, or court cases.
What are the potential returns on an investment?In regards to the investment made, Projected return, or what we call the potential return, is one that can create a lot of profit or loss.
Note that it is seen as a form of calculated metric that aids investors to be able to the amount of potential profit an investment may get and in the above case it may yield more profit or loss.
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Answer:
"After reviewing the investment opportunities provided by Earll Investments and Pima Financial Trading, it is evident that the investment opportunity offered by Pima Financial Trading is more likely to be fraudulent. The investment opportunity offered by Pima Financial Trading promises extremely high returns, which is usually a red flag for fraudulent activities. On the other hand, Earll Investments offers a more conservative investment opportunity, which promises a reasonable return on investment.
The true risks of investing with Pima Financial Trading are not accurately described by the company. The company claims that their investment opportunities are low-risk, but this is unlikely given the high returns promised. The higher the potential return on investment, the higher the risk involved. Pima Financial Trading also fails to provide detailed information about the investment strategies they use, making it difficult for investors to assess the risks involved.
In contrast, Earll Investments accurately describes the risks involved in their investment opportunity. The company acknowledges that there is a risk of loss, but emphasizes that this risk can be minimized by diversifying investments. The potential returns on an investment with Earll Investments are also accurately described, with the company offering a reasonable return on investment. Investors should exercise caution when considering investment opportunities offered by Pima Financial Trading, and carefully assess the risks involved."
Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of apples per year and xb bushels of bananas per year is written as (xa, xb). last year, charlie consumed 20 bushels of apples and 5 bushels of bananas.
Answer:
the question is incomplete:
It happens that the set of consumption bundles (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB = 150/xA.
I also found the attached graph.
The requirements are:
Is (30,5) ≈ (10,15) true or false? Is (10,15) > (20,5) true or false? Is (20,5) ≥ (10,10) true or false? Is (24,4) ≥ (11,9.1) true or false? Is (11,14) > (2,49) true or false? A set is convex if for any two points in the set, the line segment between them is also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex set? Is the set of bundles that Charlie considers inferior to (20,5) a convex set? The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his ______________ ___ of ___________ at that point. Find Charlie’s marginal rate of substitution at the point (10,10). Find Charlie’s marginal rate of substitution at the point (5,20). Find Charlie’s marginal rate of substitution at the point (20,5). Do the indifference curves you have drawn for Charlie exhibit diminishing marginal rates of substitution?Answers:
true, they are on the same red linetrue, (10,15) is on the red line while (20,5) is on the blue linetrue, they are equivalent since both are on the blue linefalse, (11,9.1) is on the blue line and (24,4) is on the red linetrue, (11,14) is on the red line while (2,29) is on the blue portionyes, it is a convex set no, they are not a convex setThe slope of Charlie’s indifference curve through a point, (xA,xB), is known as his RATE of SUBSTITUTION at that point. marginal rate of substitution at (10,10) = -10/10 = -1marginal rate of substitution at (5,20) = -20/5 = -4marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25Type the correct answer in the box. spell all words correctly. what will you call an employee who prioritizes her own goals rather than the team’s goal? a (an) employee will prioritize her own goals rather than the team’s goals.
In conclusion, an employee who prioritizes her own goals rather than the team's goals can be described as self-centered or individualistic, and it is essential for employees to understand the significance of teamwork and collaborate effectively towards shared goals.
In the scenario you presented, an employee who prioritizes her own goals over the team's goals can be referred to as a "self-centered" or "individualistic" employee. This type of employee focuses primarily on her personal objectives and may not consider the impact of her actions on the team as a whole.
It is important to note that teamwork and collaboration are vital in achieving collective goals. When team members prioritize their own goals over the team's goals, it can hinder the progress and success of the entire team.
To foster a productive and harmonious work environment, it is crucial for employees to align their individual goals with the team's goals. This ensures that everyone is working towards a common objective and that the team's success is prioritized above personal aspirations.
In conclusion, an employee who prioritizes her own goals rather than the team's goals can be described as self-centered or individualistic, and it is essential for employees to understand the significance of teamwork and collaborate effectively towards shared goals.
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Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
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1. Looking at Nigeria as a potential emerging market, mention and explain 4 factors you think are preventing Nigeria from becoming an excellent emerging market to invest in? 2. If you were given the chance, resources and power to change Nigeria, which one out of the 4 problems identified above would you try to solve and how would you do it?
do not understand what you are saying
critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
what can be the scopes of technicians
Answer:
Technicians are skilled workers that work with complex systems or perform highly technical mechanical or diagnostic tests. Depending on the field, technicians may work independently or under the direction of a professional. Technicians can work indoors or might spend most of their time outside.
Do you think president Biden should give reparations?
Krugman argues that if each country seeks to follow a strategic trade policy to protect its interests, this may lead to a___
Krugman contends assuming every nation looks to follow an essential exchange strategy to safeguard its inclinations, may lead to a trade war.
As per Paul Krugman, an essential exchange strategy that expects to give home organizations the high ground in a worldwide industry is a mess-up-everything approach that raises public abundance to the detriment of different countries. A country that attempts to carry out such strategies is probably going to confront backfire.
An administration system that looks to coordinate the overabundance of incomes from oligopolistic worldwide business sectors onto homegrown organizations is known as an essential exchange strategy (STP).
Exchange wars are normally seen as a negative side-effect of protectionism. Government drives and guidelines that block exchange globally are alluded to as protectionism.
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(e) Compute the price that prevails in the market after this increase in the housing stock. Is further adjustment of the stock required to reach equilibrium? How many period does it take for the market to reach the new equilibrium? Instead of following the sequence you have just analyzed, now suppose that rent control is imposed immediately after the demand shock, with the controlled price set at pc = 3.
Assuming that the increase in housing stock has caused a shift in the supply curve to the right, the price that prevails in the market will decrease. The exact price will depend on the magnitude of the shift and the elasticity of demand.
If the market is not yet at equilibrium, further adjustment of the stock may be required to reach it. The number of periods it takes for the market to reach the new equilibrium will depend on factors such as the speed of adjustment and any other shocks that may occur in the market. If rent control is imposed immediately after the demand shock, with the controlled price set at pc = 3, the market will no longer be able to reach equilibrium naturally. Instead, there will be a shortage of housing as the controlled price is below the market price that would have prevailed. This will lead to a decrease in the quantity of housing supplied, as some suppliers may leave the market, and an increase in the quantity of housing demanded, as consumers will want to take advantage of the lower price. The shortage will persist as long as the controlled price remains below the market price, and there may be other unintended consequences, such as decreased quality of housing or discrimination in the allocation of housing.
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Is it wise for managers to evaluate a promising candidate's tweets or posts on social media sites as grounds for rejection before even interviewing him or her? What might be some ethical and legal issues for managers to consider? Discuss.
Managers evaluating a promising candidate's tweets or posts on social media sites as grounds for rejection before even interviewing them can have both ethical and legal implications.
Let's explore some of these considerations:
1. Ethical Issues:
- Privacy: Examining an individual's social media presence may infringe upon their right to privacy. It raises questions about the boundaries between personal and professional lives.
- Bias and Discrimination: Relying solely on social media content may introduce unconscious biases and potential discrimination based on factors like race, gender, religion, or political affiliation. This goes against ethical hiring practices.
2. Legal Issues:
- Protected Characteristics: Evaluating social media posts may expose managers to potential discrimination claims if decisions are based on protected characteristics such as race, gender, religion, disability, or age.
- Fair Hiring Practices: Managers must adhere to fair hiring practices, which include considering job-related qualifications and avoiding any unfair or discriminatory practices. Basing decisions on social media content without proper context may violate these practices.
- Privacy Laws: Different countries and jurisdictions have varying laws regarding privacy and the collection of personal information. Managers need to be aware of these laws and ensure compliance.
To ensure a fair and ethical hiring process, it's important for managers to consider these factors when evaluating a candidate's social media presence. They should focus on job-related qualifications, skills, and experience during the interview process, and ensure that decisions are based on legitimate and non-discriminatory criteria.
Remember, this answer provides an overview of the ethical and legal issues associated with evaluating a candidate's social media posts. The specific details and considerations may vary depending on the country, organization, and industry.
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Internal Rate of Return Analysis. Architect Services, Inc., would like to purchase a blueprint machine for $50,000. The machine is expected to have a life of 4 years, and a salvage value of $10,000. Annual maintenance costs will total $14,000. Annual savings are predicted to be $30,000. The company’s required rate of return is 11 percent (this is the same data as the previous exercise).
Required:
Use trial and error to approximate the internal rate of return for this investment proposal. Round to the nearest dollar.
Should the company purchase the blueprint machine? Explain.
Yes, the company should purchase the blueprint machine as the approximate internal rate of return (IRR) of 18% exceeds the required rate of return (11%), indicating potential profitability.
To approximate the internal rate of return (IRR) for the investment proposal of purchasing a blueprint machine, we need to calculate the net cash flows for each year and find the discount rate at which the net present value (NPV) of these cash flows becomes zero. We can use trial and error to approximate the IRR.
Given:
Initial investment (Year 0): -$50,000
Annual maintenance costs: -$14,000
Annual savings: $30,000
Salvage value (Year 4): $10,000
Required rate of return: 11%
Using these values, we can calculate the net cash flows for each year:
Year 0: -$50,000 (Initial investment)
Year 1: $30,000 - $14,000 = $16,000
Year 2: $30,000 - $14,000 = $16,000
Year 3: $30,000 - $14,000 = $16,000
Year 4: $30,000 - $14,000 + $10,000 = $26,000 (including salvage value)
Now, we can calculate the NPV for different discount rates until we find the rate that yields an NPV close to zero. Using trial and error, we can calculate the NPV for a discount rate of 11%:
NPV = (-$50,000) + ($16,000 / (1 + 0.11)^1) + ($16,000 / (1 + 0.11)^2) + ($16,000 / (1 + 0.11)^3) + ($26,000 / (1 + 0.11)^4)
Calculating the NPV, we find that it is not zero. We need to adjust the discount rate and repeat the calculation until the NPV approaches zero.
After several iterations, it is determined that the approximate internal rate of return (IRR) for this investment is approximately 18%. This is the discount rate at which the NPV is close to zero.
Should the company purchase the blueprint machine?
Since the IRR (approximately 18%) is higher than the required rate of return (11%), it indicates that the investment is potentially profitable. Therefore, the company should consider purchasing the blueprint machine as it is expected to generate positive returns and meet the company's required rate of return.
In summary:
The approximate internal rate of return (IRR) for the investment proposal is approximately 18%. Since the IRR is higher than the required rate of return (11%), the company should purchase the blueprint machine as it is expected to be a profitable investment.
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Terry invested $2,000 today in an investment that pays 6.5 percent annual interest. Which one of the following statements is correct, assuming all interest is reinvested?
a. terry will earn the same amount each year
b. terry will earn simple interest
c. terry will earn an increasing amount of interest each and every year
d. terry could have the same future value and invest less than $2000 initially if he could earn more than 6.5 percent interest.
e. terry's interest for year two will be equal to $2000
Solved Terry made an investment today worth $2,000 in business finance answers to his questions. Terry put $2,000 into an investment today that yields 6.5 percent a year.
What is Business Finance?
business groups raise and manage finances using business finance. The finance manager, who typically occupies a position towards the top of the internal hierarchy of a company, is responsible for planning, analyzing, and controlling operations. Significant financial decisions are frequently made by a budget committee in very large companies. The owner-manager typically oversees the financial operations in small businesses. Lower-level employees handle a large portion of the day-to-day tasks associated with business finance, such as managing cash receipts and payments, regularly and continuously borrowing from commercial banks, and creating cash budgets. Both the profit and the risk of a company's operations are impacted by financial decisions.
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The video clip from Jerry Maguire emphasized three key qualities that people seek out in salespeople to establish a relationship and credibility. They are all of the following EXCEPT?-Being enthusiastic-Being honest-Being accountable-Demonstrating concern for customer welfare
Answer:
Explanation:
Demonstrating concern for customer welfare is one of the three key qualities that people seek out in salespeople, so it is not an exception.
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Answer:
lalalaallalalaaaaaaa
Explanation:
Answer:
KLLJHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHOPE THIS HELPS ......
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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