The rate of interest charged to Glenda would be 5.18% upon the payment of her car in five annual installments.
What is a rate of interest?The percentage of interest charged over the principal amount of loan or advances for a particular period of time, is known as the rate of interest of such loan.
The computation of rate of interest using the formula and given information will be,
[tex]\rm Rate\ of\ Interest= \dfrac{Interest}{Principal\ x\ Time}\ x\ 100\\\\\rm Rate\ of\ Interest= \dfrac{7150}{138000}\ x\ 100\\\\\rm Rate\ of\ Interest= 5.18[/tex]
Hence, the computation of the rate of interest is as aforementioned.
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Your first job is to settle the dispute between the owners. To settle the dispute, you need to ensure that both owners understand the primary differences between consumer transactions and business transactions. As you work on your explanation, you reflect on the characteristics that make business transactions different than consumer transactions. How would you describe the demand for business products
Answer:
Inelastic: Demand for business goods tends to be me more inelastic than demand for consumer goods.
Explanation:
I already did this before. ur welcome
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 58,000 Accounts payable increased by 18,600 Accounts receivable decreased by 25,600 Inventories increased by 6,200 Depreciation expense 31,800 Net cash provided by operating activities was:
Based on the information available, the net cash from operating activities is $127,800.
How much cash did the company make from operations?This can be found as:
= Net income + Increase in Accounts payable + Decrease in account receivable - Increase in inventory +Depreciation
Solving gives:
= 58,000 + 18,600 + 25,600 - 6,200 + 31,800
= $127,800
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Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?.
The FIFO (First in First out) technique of inventory costing will result in a COGS amount equal to market value.
What is the First in first out method?
First in, first-out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.
FIFO is the method used to calculate the cost of goods sold using cost flow assumptions. The FIFO approach is predicated on the idea that the oldest items in an organization's inventory have already been sold.
Thus, the FIFO method will be able to produce a number of COGS equal to the market value.
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Dyson cordless vacuum cleaners offer heavy-duty performance for cleaning all floor types. The Dyson is also very lightweight and versatile. The price for the basic Dyson model is $599. Because the Dyson provides the user with really clean floors and carpets, the Dyson is an example of _______.
Because the Dyson provides the user with really clean floors and carpets, the Dyson is an example of utilitarian value
What is a Utilitarian Value?This refers to the value that is received by a customer based on task-related behavior where there is a functional product aspect.
Hence, we can see that based on the fact that Dyson cordless vacuum cleaners offer a service for a price of $599 and gives really clean floors, they are an example of utilitarian value.
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The nature of demand indicates that as the price of a good increases.
The nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
What is the demand curve?The demand curve is a graphic representation of the relationship between price and the quantity demanded.
All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.
Answer Options:A) suppliers wish to sell less.
B) more of it is produced.
C) more of it is desired.
D) buyers desire to purchase less of it.
Thus, the nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
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Stevie earned $600 this week. she used $100 toward paying off her credit card and $20 went into savings, for a total of $120, which is 20% of her income. what money managing system is she likely using?
Answer:
600-100-20=480
Explanation:
50 30 20 rule
The money managing system is she likely using 50 30 20 rule.
What is the 50 30 20 rule?The 50/30/20 rule is a simple budgeting technique that can assist you in managing your money in an efficient, straightforward, and sustainable manner. The general rule of thumb is to allocate 50% of your monthly after-tax income for needs, 30% for wants, and 20% for savings or debt repayment.
That age-old conundrum can be resolved and your spending habits can be made more structured by using the 50/30/20 guideline. Whether you're trying to pay off debt or save money. It might make it simpler for you to achieve your financial objectives.
According to the norm, you should devote up to 50% of your after-tax income to necessities and commitments that are essential to you. The remainder should be divided into 30% for anything else you might want, 20% for savings, and 10% each for debt reduction and saves.
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If you were running a marathon which type of muscle fibers.
Answer:
Skeletal muscle fibers
Explanation:
The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
OA. The technology company will use the audit results to analyze risks.
OB. If Mr. Chu finds evidence of fraud, he is not allowed to report it.
OC. Nobody has access to the audit findings except for a few people who work for the company.
OD. An outside organization keeps track of the methods and results of the audit.
It means that the technology company will use the audit results to analyze risks. Thus option A is correct.
What is Audit ?Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.
Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.
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Madelyn, the president and CEO of Anytime Accounting, has asked several of her managers and employees to help establish a statement to outline the fundamental purposes of their company. The result of this effort is likely to be a document known as a(n)
The result of this effort is likely to be a document known as a B. mission statement.
What is a Mission Statement?This refers to the document that contains the aims and objectives of a company that is used as a guideline to set its target.
Hence, we can see that based on the fact that Madelyn makes a statement that shows the fundamental purposes of their company, this would be included in the mission statement.
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why do large media companies have so much control
Answer: Big Tech companies thrive on consumer data.
Explanation: So you can limit there power by imposing
Seaside vistas leases an apartment to tori. during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is group of answer choices seaside and tori in proportionate amounts. no one. tori only. seaside only.
Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
What is a lease?It should be noted that a lease simply means a contract where a party conveys land, property, etc for a period of time.
In this case, Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
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Ms. Noser visits a local animal shelter to purchase a dog for her children. At the shelter she is introduced to
two dogs, a brother and sister. Ms. Noser immediately develops an attachment to both dogs. She decides to
purchase both dogs. What was Ms. Noser's buying motive?
O emotional
O rational
O b2b
O feature-benefit
Answer:
what is the meaning of non cooperation movement
Recently, Hale Corporation announced the sale of 2.5 million newly issued shares of its stock at a price of $21 per share. Hale sold the stock to an investment banker, who in turn sold it to individual and institutional investors. This is a secondary market transaction. True
Based on the fact that HALE sold the shares to an Investment banker, this cannot be said to be a secondary transaction. The statement is False.
What is a secondary market share transaction?This refers to when shares have already been sold to individuals and institutional investors, and then these entities sell to other entities.
When a company sells directly to an investment bank which then sells it to others, this is a primary market transaction.
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Watch the video "forms of marketing research." company a is thinking about bringing to market a new product in a category where it knows very little about the consumers or their needs and wants. describe which forms of marketing research would be appropriate and explain why. by contrast, company b has an established product and knows a lot about its customers. the company wants to measure customer satisfaction. describe which forms of marketing research would be appropriate and explain why. in replies to peers, provide additional ideas for the types of research that could be used.
The primary research is the most appropriate marketing research to be used because the firm knows little about the consumers or their needs and wants.
What is a marketing research?This refers to a process through which a firm gathers information about its customer and larger market.
Form of marketing research that are appropriate?Primary researchSecondary researchQualitative researchQualitative researchRead more about marketing research
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What are the four factors of production that an economy needs in order to produce something?
Answer:
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.
Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he wants to dress to impress. what guidelines should he follow when deciding what to wear for his interview
Dressing to impress for interviews would typically involve wearing professional dress in order to look smart and presentable.
Bob has to follow some of the listed tips (not exhaustive) in addition to the due diligence he has done about his employer.Some of the options he has would include:
A suit, jacket and tieA semi-formal trousers and a shirt Sweater and necktie.Dressing properly for interviews would put Bob in a better light as it shows he is serious about the job. It also shows he is interested in the position, and finally demonstrates an understanding of the company's corporate culture.
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The failure of a licensee to comply with the rbs program requirements shall be grounds for.
The failure of a licensee to comply with the RBS program requirements shall be grounds for disciplinary action.
What is RBS ?RBS is stands for Responsible Beverage Service training that teaches the responsible way of behaving to alcoholic and beverages and the side effects of alcohol. The main motive of this service training is to keep the families, customers, and the economy thrive as the people are safe and healthy then only the economy of the country is healthy.
As part of registering their servers in the RBS Portal, servers must pay $3 to the Department. This payment is not transferable. Additionally, the authorized RBS training provider that servers choose may require a separate payment from them. Depending on the approved training provider, RBS training has a range in price.
Thus, it is disciplinary action.
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An unfavorable balance of trade occurs when the value of.
An unfavorable balance of trade occurs when the value of a country's import exceeds the export.
What is an import?It should be noted that an import simply means the goods and services that are brought into a country from another country.
In this case, unfavorable balance of trade occurs when the value of a country's import exceeds the export.
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Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.
Using the curve which letter represents efficiency?
A
E
B
None
Which type of interest does not change over the life of a loan?
Principal interest
Fixed interest
Variable interest
Annual percentage rate
Answer:
Fixed interest
Explanation:
A fixed-rate mortgage charges a set rate of interest that does not change throughout the life of the loan. You'll know exactly how much each monthly payment will be, as well as how much it will cost you overall to pay off the loan based on that rate.
In almost all multiple cash flow calculations, it is implicitly assumed that the cash flows occur at the _____ of each period.
It is assumed that the cash flows occur at the end of each period.
What is the occur period of the cash flow?Cash flow is the statement depicts the complete information about the money received or being spent by the company during the period of time.
Cash Inflows refers to the amount received, whereas cash outflows represents the money spent by the firm.
It is generally occur in period of 90 days.
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When a company hires you, you will fill out a _________ form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck.
When a company hires you, you will fill out a W4 form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck
What is a tax?A tax simply means a compulsory levy that's paid by the people and companies to the government.
In this case, when a company hires you, you will fill out a W4 form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck.
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The principle of exceptions allows managers to focus on correcting variances between.
Answer:
The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.
Gobi is an employee of Haz-Mat, Inc. He refuses a transfer to a Haz-Mat department in which several employees suffered serious injuries from exposure to hazardous materials. Under the Occupational Safety and Health Act, Gobi may be Group of answer choices
The Occupational Safety and Health Act protects employees that have suffered serious injuries from exposure to hazardous materials if they refuse a transfer to a Haz-Mat department.
What was the aim of the Occupational Safety and Health Act?The Occupational Safety and Health Administration (OSHA) was founded by Congress in 1970 to control or guarantee dependable and healthy working states for workers by launching measures as well as furnishing training, education, reaching, and help.
Therefore, The Occupational Safety and Health Act protects employees from serious injury if they refuse a transfer to a Haz-Mat department if the refusal is due to exposure to hazardous materials.
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Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data. The primary purpose of analytical procedures conducted during the planning stages is to: Multiple Choice identify the appropriate schedules to be prepared by the client. identify unusual conditions that deserve additional audit effort. determine the existence of unrecorded liabilities or overstated assets. identify the types of errors or frauds that can occur in transactions.
The primary purpose of analytical procedures conducted during the planning stage is identifying unusual conditions that deserve additional audit effort.
What is analytical procedures?Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data.
To identify unusual conditions that deserve additional audit support is the primary purpose of analytical procedures conducted during the planning stage.
Therefore, B is the correct option.
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Question 14 of 20
Which is one benefit of getting a job after graduating high school?
A. A person with a high school degree earns less than someone with
a college degree over time.
OB. A person with a high school degree can enter the job market and
start earning money immediately.
C. A person with a college degree earns more than someone with a
high school degree over time.
OD. A person who goes to earn a college degree will have to pay the
full costs of going to college.
Answer:
OD. A person who goes to earn a college degree will have to pay the full costs of going to college
One of the benefits of getting a job after graduating high school a person who goes to earn a college degree will have to pay the full costs of going to college. (option D)
What are the benefits of getting a job after graduating high school?A person who gets a job immediately after high school starts earning income immediately. On the other hand, a person who decides to go to college would have to pay the costs associated with going to college. Most times, the would have to amass some debt as a result. This can be seen as a drawback of going to college.
On the other hand, there are a lot of benefits of going to college. One of them is that the earning potential of the person is increased. Thus, a person with a college degree would earn higher than a person with a high school degree.
In the long run, the total revenue that would be earned by the college graduate would far outweigh the cost associated with going to college.
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For each scenario, identify which argument is being used to justify trade protectionism. a. Politicians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producers. national security b. Lobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs. job creation c. Brazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors. infant industry d. Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industry. job creation
These are the scenarios that we must use to classify the claims:
Job Creation ArgumentNational Security ArgumentInfant Industry ArgumentWhat is a trade protectionism?This involves the restriction policy on imports goods such as tariffs, import quotas, government regulation etc.
Job Creation ArgumentLobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs.Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industryNational Security ArgumentPoliticians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producersInfant Industry ArgumentBrazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors
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Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to A. determine whether the company has a balanced scorecard for judging its performance. B. stay on track in achieving the company's mission and strategic vision. C. keep the company's board of directors well-informed about the company's future outlook. D. determine whether the company's business model is well-matched to changing market and competitive circumstances. E. decide whether to continue or change the company's strategic vision, objectives, strategy and/or strategy execution methods.
The decision making on whether to continue or change the company's strategic vision, objectives, strategy or strategy execution methods is part of what the Management is obligated to monitor.
What is the Management?This refers to the process of guiding the development, maintenance and proper allocation of resources to attain organizational goals.
The managers in a firm performs the role of Management to achieve goals.
Therefore, the Option E is correct.
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Allowing a foreign organization to take charge of manufacturing and distributing a product in its country or world region in return for a negotiated fee is ______.
Allowing a foreign organization to take charge of manufacturing and distributing a product in its country or world region in return for a negotiated fee is called Licensing.
What is Organization?Organization refers to the group of the people working together in order to achieve the common goal. The common goal of every organization is the profit maximization.
For an Organization to open its business in the foreign nation it has to obtain the license of the foreign nation to do business.
Without obtaining the license the company cannot develop its manufacturing units or its branch and distribute the product in the foreign markets.
Thus it is important to have license by giving the negotiating fees to the foreign government.
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