Option (d), Rebecca requests a $5,000 loan with a four-year term. At the conclusion of the four years, she will pay out the amount in full, including with the finance costs. Rebecca will be required to pay finance costs of $1400 if the lender assesses a 7% simple interest rate.
What Is Simple Interest, Exactly?The basic interest formula can be used to quickly and simply calculate the amount of interest that will be applied to a loan. The principle, the number of days between payments, and the daily interest rate should all be multiplied to determine simple interest.
The principal is multiplied by the time, interest rate, and time period to determine simple interest. The written formula is "Simple Interest = Principal x Interest Rate x Time." This is the interest calculation formula that is the easiest.
Simple Interest (S.I.) is a formula used to calculate the amount of interest that will be charged on a given principal amount of money at a certain interest rate. For instance, if someone takes out a two-year loan for Rs. 5000 at a rate of 10 p.a., they will be required to pay S.I. on the amount borrowed over those two years.
Amount= (P X R X T)/100
Principal= $5000
Rate= 7%
Time= 4 years
amount= ($5000 X 7 X 4) / 100
= $1400
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According to the Enterprise case study In a compettive market, what does
enterprise do differently to attract
high-quality candidate.
The enterprises utilize different methods in a competitive market to tempt high-quality candidates. They use methods of production, advertising through different media, make use of career fairs, and numerous other ways.
Who are high-quality candidates?"High-quality candidates" exist described as individuals who exist well-qualified for the position and who will likely remain a part of the company for a longer duration to create appreciable contributions to its objectives.
The enterprises require to be diverse and innovative to be capable to attract high-quality candidates for their companies to fulfilling their vacuities. They utilize the opportunity to advertise through different forms of media.They look for providing presentations in different places and universities for choosing the candidates. they connect with various organizations and clubs for getting to the diverse candidates.Some companies link with candidates through job fairs and by organizing various kinds of talent and skill sessions. There exist lectures provided by top executives of the company and they exist available for responding to queries and mentoring the candidates.To learn more about High-quality candidates refer to:
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Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?
Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.
To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.
The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).
Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).
Total interest = Annual interest payment * Number of interest payments
Total interest = $360 * 10
Total interest = $3600
Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.
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Read the following paragraphs about four films and then identify the purpose of each paragraph.
According to the paragraph, (1) The paragraph of the conclusion made to evaluate. (2) To Summarize. (3) To Synthesize. (4) To Analyze.
What is the main purpose of each paragraph?Your paragraphs help to clarify, establish, and support your thesis statement or argument while also directing the reader through the document.
An successful paragraph should always have the following four components: unity, coherence, a topic sentence, and adequate development. One main topic or point should be covered in each paragraph.
Therefore, After reading the following paragraphs about four films and then identifying the purpose of each paragraph the conclusion made is:
To Evaluate.To Summarize.To Synthesize.To Analyze.To know more about the paragraph, visit:
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The complete question is attached:
why do you think p2p apps have become so popular?
P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.
consumers use expanded decisions when purchasing?
Answer:
Consumers use expanded decisions when purchasing high-priced, complex, or unfamiliar products. Expanded decision-making involves a high level of involvement by the consumer, who engages in extensive information search, evaluation of alternatives, and consideration of the consequences of the decision. This type of decision-making is often used for products that are expensive, have a high degree of risk, or are infrequently purchased. For example, a consumer might use expanded decision-making when purchasing a car, a home, or a college education. In contrast, for products that are low-priced, frequently purchased, or have low risk, consumers often use limited decision-making or routine decision-making.
hope it helps you...
One type of voluntary payroll deduction is for:
A. FICA
B. a health savings account
C. Federal withholding
D. State withholding
Answer: a health saving account
Explanation:
Answer: B. a health savings account.
Explanation: Voluntary payroll deductions are amounts of money that employees choose to have deducted from their paychecks for specific purposes. One type of voluntary payroll deduction is for a health savings account (HSA) which is a type of savings account that allows individuals to save money on a pre-tax basis to pay for qualified medical expenses including doctor copays and medication. The money deposited into an HSA is not subject to federal income taxes, social security taxes, or Medicare taxes. This allows employees to save money on healthcare expenses while also reducing their taxable income.
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Which of the following is not a global economic forum of nations?
G-8
O G650
+ 5
G-20
Answer:
c
Explanation:
answer is c
Discuss how a new brand manufacturer would go about
defining their market segments and then begin to target
them.
A brand new manufacturer would define their market segments and then start segmenting through in-depth market research.
How to segment a market?Market segmentation is a strategy used by companies to align their marketing and communication strategy through market research that helps to identify characteristics of potential consumers, such as income, age, tastes, etc.
Therefore, market segmentation helps to create a more consistent and local-aligned strategy, making the company adapt its communications and processes to reach its target market.
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As the level of inventory increases to provide better customer service both inventory costs and quality-related customer service costs increase.
a) true
b) false
Answer:
A. True
Explanation:
level of inventory is very essential as far as customer service is concerned, inventory are amount of goods that is stocked for some purposes, this could be to sell, to distribute.
It should be noted that As the level of inventory increases to provide better customer service both inventory costs and quality-related customer service costs increase.
A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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When a company develops a business portfolio, when does
it identify the key businesses that make up the company?
When a company develops a business portfolio, its must identify the key businesses that make up the company immediately.
Why do company develops business portfolio?The business portfolio is a collection of the company's products, services, and accomplishments. A company portfolio's goal is to establish the company's market presence, attract more customers, and demonstrate how the company differs from its direct competitors.
Companies must identify, evaluate, and select market opportunities before developing strategies to capitalize on them. One method is to use a portfolio planning tool to identify opportunities for company growth through market penetration, market development, product development, or diversification.
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Kate has put a lot of time and effort into streamlining the process to design and produce a greet-ing card. She has documented the entire process in a QuickTime video she produced on her iMac. The video takes the viewer through the step-by-step process of selecting hardware and software, and shows how to design and produce the card. Kate has met many people who would like to get into the production of greeting cards, but are overwhelmed by the process. Kate has decided to sell the entire package (hardware, software, and video tutorial) to aspiring card producers. The cost of the entire package to Kate is $4,500 and she plans to mark it up by $500 and sell it for $5,000. John Stevens, an individual Kate met recently at a greeting card conference, would like to buy the pack-age from Kate. Unfortunately, John does not have this much cash and would like for Kate to extend credit.Kate believes that many of her customers will not be able to pay cash and, therefore, she will need to find some way to provide financing. One option she is exploring is to accept credit cards. She learned that the credit card provider charges a 2.5 percent fee and provides immediate cash upon receiving the sales receipts.Kate would like you to answer the following questions: 1. What are the advantages and disadvantages of offering credit
Answer:
The disadvantage of offering credit would be that Kate loses $125 on the sale of each $5,000 package.
$125 is 2.5% of $5,000
Her expected gain is shortened by $125 and now becomes (500 - 125 = $375).
Explanation:
The advantage of offering credit would be that immediate cash is provided, upon presentation of the sales receipts.
Question 2 (1 point)
Alise works for a life insurance company as a claims agent. She processes insurance
payments for the families of recently deceased persons. What quality might Alise
find helpful in her career?
being artistic and enjoying performing
Opreferring to work with wildlife
liking to create things with her hands
being kind and a good listener
If the policyholder makes the requisite premium payments, the insurer is obligated to pay the death benefit upon the insured's passing. Premium amounts are influenced, in part, by the likelihood that the insured will pass away before the policy's death benefit is paid by the insurer.
Why do life insurance providers inquire as to whether you have other insurance?Your final life insurance prices will be based on these since the insurers want to know how dangerous you are to insure.
If everyone passes away, how do life insurance companies make money?When a policyholder passes away, the company invests these premiums and utilizes the proceeds to pay claims to the beneficiaries of the policy. The interest and dividends received on the investments made with premiums generate income for the company as well.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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The employees at your job have been asked to attend a mandatory training meeting. Your co-worker, Mike, doesn't want to go and has asked that you sign his name to the attendance sheet for him. Mike's request shows he does not demonstrate which workplace attitude?
honesty
dependability
punctuality
self-confidence
Answer:
dependability
Explanation:
I know it has to be one of those two. Dependability means honesty, reliability, and trustworthiness which we can see that Mike doesn't have. So actually, it'd be B
Answer:
Dependability
Explanation:
...
1. Suppose the Kenyan shilling (KS) is currently traded at KS 1.4/$.The Ethiopian Birr (EB) is traded at E B1.39/$.Ignoring transaction costs: A. Determine the KS/EB exchange rate consistent with these direct quotations
Answer:
The answer is KS 1.01/EB.
Explanation:
This is an example of a cross rate.
Cross rate refers to an exchange rate between two currencies that is calculated based on the exchange rate of each of the two currencies to a third currency.
For this question, the cross rate KS/EB will be estimated by reference the US dollar which is third currency. This can be calculated by simply dividing the KS 1.4/$ by the E B1.39/$ as follows:
KS/EB = 1.4 / 1.39 = 1.01
That is, the answer is KS 1.01/EB.
1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sheet for each company.
There are three main parts of income statements and they are:
RevenueExpensesProfitWhat is an Income Statement?This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.
Hence, we can see that a sample income statement would be:
BOSKA COMPANY
Income statement for August 29, 2021
NET SALES------------------ $2,000,000
GROSS SALES-------------$500,000
GROSS PROFIT-------------$1,5000,000
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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Marriott builds a hotel for $34 million and sells it to a banking
firm for $52 million. Marriott charges the banking firm 2-4 % of gross revenues to operate the hotel. This business transaction is
known as
franchising
REIT
investment partnership
management contract
Answer:
management contract
Explanation:
Assume a company purchases honeycombs from beekeepers for $2.00 a pound. The honey can be sold in raw form for $3.20 a
pound or it can be used to make honey drop candies. Each package of candies contains three-quarters of a pound of honey and
can be sold for $4.40. In addition to the cost of the honey, making and selling each container of candies incurs additional variable
costs of $1.10 per unit.
The monthly fixed costs associated with making the candies include:
Master candy-maker's salary
Depreciation of candy-making equipment
Salary of salesperson dedicated to this product
Total fixed costs
$ 3,500
400
2,000
$ 5,900
The candy-making equipment does not wear out through use and it has no resale value. Assuming the company makes and sells
8,000 containers of candy, what is the financial advantage (disadvantage) of continuing to process raw honey into candies?
To determine the financial advantage or disadvantages of processing raw honey into candies, we need to calculate the total revenue and total costs associated with making and selling the candies.
Revenue from selling 8,000 containers of candy: 8,000 * $4.40 = $35,200
Variable costs associated with making and selling the candies: 8,000 * ($1.10 + $2.00 * 3/4) = $9,800
Total costs associated with making and selling the candies: $9,800 + $5,900 = $15,700
Therefore, the financial advantage of continuing to process raw honey into candies would be: $35,200 - $15,700 = $19,500.
What is financial advantage?
Financial advantage is a concept that is central to business and investing. It refers to the positive difference between revenue and costs, resulting in a profit for a company or individual. It is a measure of the financial benefit or gain that is achieved through a particular business activity or investment. A financial advantage can be achieved by reducing costs, increasing revenue, or both. In a competitive market, companies and individuals with a financial advantage are better positioned to succeed and grow. They are able to invest in new opportunities, expand their business, and weather economic downturns more effectively. Financial advantage is an important goal for many businesses and individuals and is achieved through careful planning, execution, and monitoring of financial performance.
Hence, the answer is the financial advantage of continuing to process raw honey into candies is $19,500.
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what are the values/traits do they use as their motivation to make your sari sari store success
One should have enough supplies of all the necessities that are now in high demand, including rubbing alcohol, face masks, hand sanitizer, and canned goods in your Sari-Sari store to make it successful.
What characteristics set a sari-sari store apart?The bulk of sari-sari stores are independently owned, family-run operations that are housed in the premises of the shopkeeper. A large window that is covered in a screen or has metal bars in front of the store is used to exhibit goods.
What is the sari-sari store industry's core strength?Sari-sari stores have a number of advantages, including their convenient location, selection of goods, and adaptable payment methods. Little scale, uneven quality, and fierce competition are some drawbacks, though.
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A tool used to aid remembering is called:
Answer:
A mnemonic
Explanation:
Correct me im wrong
Explanation:
A tool used to aid remembering is called: A mnemonic. Using the word HOMES (Huron, Ontario, Michigan, Erie, Superior) to remember the Great Lakes is an example of: ... Expression mnemonics.
Homeowners insurance gives you both property and liability protection.
Answer:
True
Explanation:
If you have drunk friends you want this insurance.
True. Homeowners insurance provides both property and liability protection.
What is property protection?The property protection aspect of homeowners insurance covers the physical structure of the home, as well as personal belongings within the home, against perils such as fire, theft, and vandalism.
It may also provide coverage for additional structures on the property, such as garages or sheds. Liability protection, on the other hand, safeguards homeowners from legal and financial responsibility if someone is injured on their property or if they accidentally cause damage to someone else's property.
This coverage typically includes legal expenses and medical payments to the injured party.
The answer is true.
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Required information: Analyzing income effects from eliminating departments.
Suresh Co. expects its five departments to yield the following income for next year.
Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales $66,000 $38,000 $59,000 $45,000 $31,000 $239,000
Expenses
Avoidable 11,300 38,200 23,300 15,500 40,500 128,800
Unavoidable 53,000 14,400 4,500 31,200 11,900 115,000
Total expenses 64,300 52,600 27,800 46,700 52,400 243,800
Net income (loss) $1,700 $(14,600) $31,200 $(1,700) $(21,400) $(4,800)
Re-compute and prepare the departmental income statements (including a combined total column) for the company under each of the following separate scenarios.
1) Management eliminates departments with sales dollars that are less than avoidable expenses.
2) Management eliminates departments with expected net losses.
Answer and Explanation:
The computation and the preparation is presented below:
1.
Particulars Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales $66,000 $59,000 $45,000 $170,000
Expenses
Avoidable $11,300 $23,300 $15,500 $50,100
Unavoidable $53,000 $14,400 $4,500 $31,200 $11,900 $115,000
Total expense $64,300 $14,400 $27,800 $46,700 $11,900 $165,100
Net income
or loss $1,700 -$14,400 $31,200 -$1,700 -$11,900 $4,900
2.
Particulars Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales $66,000 $59,000 $125000
Expenses
Avoidable $11,300 $23,300 $34,600
Unavoidable $53,000 $14,400 $4,500 $31,200 $11,900 $115,000
Total expense $64,300 $14,400 $27,800 $31,200 $11,900 $149,600
Net income
or loss $1,700 -$14,400 $31,200 -$31,200 -$11,900 -$24,600
question 3 of 50 moving to another question will save this response. question 3 operational rules are the rules that are , and official rules are the rules that are . affirmed; enforced enforced; stated enounced; obligatory stated; enforced enounced; compulsory
Operational rules are those that have been declared, announced, and upheld. A string of instructions that the CM agent carries out.
What exactly are operational rules?One or more CM functions are executed on particular devices or device groups by an operational rule in the specified order. An operational rule contains: A string of instructions that the CM agent carries out. a timetable: detailing the Operational Rule's implementation.Multiple devices are gathered in a device group. You are able to use device groups to: Configure numerous devices simultaneously using device configuration templates. Changing the configuration of several devices at once is possible by using device configuration templates.Operational rules are those that have been declared, announced, and upheld.The complete question is,
Official rules are those that have been acknowledged, enforced, proclaimed, enunciated,... Operational rules are those that are not.
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Which type of car insurance policy usually has the highest premium?
Comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
Comprehensive car insurance is an optional coverage that provides protection against damage to your vehicle from various risks such as theft, vandalism, fire, and natural disasters. It also covers damages to your car from collisions with animals. Comprehensive car insurance provides broader coverage than liability insurance, including damage to both other people and property and your own car, making it more expensive.
Therefore, comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
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How might a companies mission, vision, or values support or detract from its competitive advantage and customer value proposition? 
Answer:Defining competitive advantage includes stating the customer value proposition.
Explanation:
not sure if correct but hope this helps you!
To be included in property, plant, and equipment, an asset must have all of the following except Group of answer choices a. the asset must be held for use. b. the asset must have an expected life of a normal operating cycle. c. the asset must be tangible in nature. d. the asset must have an expected life of more than one year. g
Answer:
b. the asset must have an expected life of a normal operating cycle.
Explanation:
A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.
Hence, to be included in property, plant, and equipment, an asset must have all of the following;
I. The asset is expected or required to be held for use
II. It must be tangible in nature.
III. It is required to have an expected life of that is typically above a year.
The two most basic inventory questions answered by the typical inventory model are:.
The two most basic inventory questions answered by the typical inventory model are the timing of orders and order quantity
What is the timing of orders and order quantity?
The time elapsed between the start of a stock replenishment activity and the submission of a requisition or order. The amount of time that passes between the submission of a requisition or order and the shipment of material by the supplying activity is known as timing of orders.
Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity in inventory management that minimizes overall holding costs and ordering expenses. It is one of the most ancient traditional production scheduling models.
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Explain three rights that consumers have when buying a service for example hiring a plumber to install a new shower
The three consumer rights that consumers have when buying a service are the right to be informed, the right to choose, the right to safety.
What are consumer rights?The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to choose, the right to safety, the right to be heard, the right to have problems corrected, the right to consumer education, and the right to service, according to the bill.
Access to essential goods and services such as adequate food, shelter, clothing, health care, education, and sanitation - basic needs that should be available to all consumers - is defined as service.
Therefore, consumer right are essential when buying a service.
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