Ceteris paribus means a. other things constant.
What does ceteris paribus mean?
Ceteris paribus is a Latin expression that normally means "all other things being equal." In economics, it serves as a shorthand expression of the effect one financial variable has on another, delivered all other variables remain the same.
In economics, the belief of ceteris paribus, a Latin phrase indicating "with other things the same" or "other things being equal or held steady," is important in deciding causation.
The assumption in economics is that nobody else changes in a given situation but for the stated change.
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Marcia has always loved nike apparel for its style and comfort. She needs new workout pants, so she purchases a pair at the nike store. This is an example of which type of purchase decision?.
Marcia has always loved Nike apparel for its style and comfort. She needs new workout pants, so she purchases a pair at the Nike store. This is an example of limited problem-solving.
Limited problem-solving is a method through which people buy products from a company or place with which they have had an experience before. Based on past experience, they tend to make new experiences by purchasing new things from the same store.
Limited problem-solving is a method that allows you to buy products based on your prior experience with a brand. As your previous encounter with the brand was up to the mark, you begin to trust it and buy new products from it. Limited problem solving helps in building trust in a brand if the experience is continuously good from buying from that source.
As Marcia's experience with Nike was good before, hence she is using the limited problem-solving method for buying workout pants from there as well.
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The amount of a good that sellers are willing and able to supply at a given price.
The amount of any item or service that sellers are willing and able to sell at a specific price is known as the quantity supplied. Although there are many factors that impact supply, only pricing can control how much is provided.
What Is Supply?The entire amount of a certain commodity or service that is offered to customers is known as the supply, and it is a fundamental economic notion.Supply can be defined as the quantity offered at a certain price or, if shown on a graph, the quantity offered across a range of prices.This has a direct relationship to the demand for an item or service at a certain price; all other things being equal, the supply offered by producers will increase as the price rises because all businesses aim to maximize profits.The contemporary economy is based on movements in supply and demand.Depending on the price, utility, and personal preferences of each particular commodity or service, supply and demand patterns will vary.To know more about supply, refer to the following link:
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Given linear demand curves, if demand and supply increase by identical amounts, then?
If there are linear demand curves and the demand and supply increases by identical amounts, then the equilibrium price stays the same and the equilibrium quantity rises.
What happens when both demand and supply increase by the same amount?When demand and supply increase by the same amount, the result would be that the price would stay the same. This is because the increase in both the supply curve and the demand curve would lead to them intersecting at the same price level.
The equilibrium quantity on the other hand, would increase. This is because at this increased supply level, the increased demand would mean that more people are demanding more goods and services than before and so quantity would increase.
Options for this question are:
the equilibrium price increases but the equilibrium quantity falls. the equilibrium price stays the same and the equilibrium quantity rises.the equilibrium price and quantity do not change.the equilibrium price and quantity both increase.Find out more on movements of the supply and demand curve at https://brainly.com/question/14638140
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High point, plymouth rock, and pallasades are all names that identified each company as the seller of their offerings. This is also known as the companies ______.
The high point, Plymouth rock, and palisades are all names that identified each company as the seller of their offerings. This is also known as the company's brand name.
An organization or business may assign a brand name or trade name to a particular commodity or service. Although a brand name may occasionally be as simple as the names of the company's founders, as in the situations of John Deere or Johnson & Johnson, brand names nowadays are frequently carefully planned marketing techniques meant to increase consumer recognition and foster brand loyalty.
A brand name is the formal name that a solo owner or firm decides to use when conducting business. A doing business as (DBA) name is another term for a brand name. Legally registering a brand name is a crucial stage in a company's branding strategy, but it does not grant the name an indefinite lifespan or any kind of legal protection when used.
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. you are a quality control engineer, supervising the completion of a product whose specification includes using only u.s.-made parts. however, at a very late stage you notice that one of your subcontractors has supplied you with a part having foreign-made bolts in it – but these aren’t very noticeable, and would function identically to u.s.-made bolts. your customer urgently needs delivery of the finished product. what should you do?
The engineer should apologise for the mistake and should not change the truth. He needs to make clear any conflicts of interest that might seem to affect the level of service. It is an offence against faith.
Because the product must be delivered soon, fixing the error may cause a delivery delay. If the error is concealed from the client, it is unethical. The best course of action is to inform the client and allow him decide whether to accept the foreign part or postpone deliveryFrom manufacturing to software development, a quality control engineer is in responsible of guaranteeing the quality of all goods. Reviewing the manufacturing procedure, evaluating the goods, devising additional manufacturing checkpoints, and producing reports on the findings are typical job activities.Examines the documentation for design, manufacture, and testing. carries out inspections of completed goods and raw materials while using the proper quality assurance testing models. determines the underlying cause of quality issues and plans adjustments or other corrective measures.To know more about Quality control visit:
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Is issued once a year by a corporation and contains basic financial statements and an analysis of past performance and future prospects.
Financial Statement or a report is issued once a year by a corporation and contains basic financial statements and an analysis of past performance and future prospects.
What is a financial statement?
Financial statements are a set of summary reports about an organization's financial results, financial position and cash flows. They include the income statement, balance sheet and cash flow statement.
Advantages of financial statements
Financial statements are useful for the following reasons:
Determine the ability of the business to generate cash and the resources and use of that cash.To find out if the business is able to repay its debts.To track financial results on a trend line to detect any impending profitability issues.Derive financial indicators from the statements that can indicate the state of the company.To examine the details of certain business transactions as disclosed in the disclosures attached to the statements.To be used as the basis for the annual report that is distributed to the company's investors and the investment community.To learn more about financial statements, refer to:
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in accrual accounting, according to the recognition principle, revenues should be recognized when the seller performs the work promised, not necessarily when cash is received
In accrual accounting, in keeping with the revenue recognition principle, revenues ought to be recognized once the vendor performs the work secure, not essentially once money is received.
What is revenue recognition principle?The revenue recognition idea, together with the matching principle, is the cornerstone of accrual accounting. When income and costs are entered into the accounting period is decided by them both.Your business will be able to accurately depict profit and loss thanks to the revenue recognition principle since revenue will be recognized when it is earned rather than when it is received. Utilizing the revenue recognition idea also helps with financial forecasting, improving the precision with which your business predicts future revenues.For instance, a snow removal company can clear the parking lot of a business for its standard fee of $100.Learn more about revenue recognition principle here:
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what information would a business gather if they looked on social media to look at comments about their service?
Answer:
Ratings.
Explanation:
Primary markets are large and important, while secondary markets are smaller and less important. True or false?.
Secondary markets are smaller and less significant than primary markets, which are bigger and more significant.- False
What is the primary market?New stocks and bonds are initially offered for public purchase on the primary market.Investors have the option to buy securities straight from the issuer in a primary market.A rights issue, a preferred allotment, a private placement, and an initial public offering (IPO) are examples of primary market issues.As secondary markets, where investors transact with one another, stock exchanges serve as a substitute.Securities are exchanged between investors on what is referred to as the secondary market after they have been issued on the main market; in essence, this is where the well-known stock exchanges are located.Secondary markets are smaller and less significant than primary markets, which are bigger and more significant.- FalseTo know more about primary market, refer to the following link:
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Because not all purchase intentions result in an actual purchase, retailers calculate the ________ to measure how effectively a decision to purchase a specific product results in a completed purchase.
Because not every purchase intention results in a completed transaction, retailers compute the conversion rate to assess how well a choice to buy a particular product results in a completed transaction.
Does the internal conflict result from the discrepancy of two views or from the inconsistency of beliefs and behavior?When a person's conduct and beliefs conflict, they experience cognitive dissonance. This can also happen when they possess two opposing opinions. People try to feel better because it makes them feel uncomfortable.
Which of the following best describes a group of conspicuous or crucial characteristics regarding a certain product?A list of conspicuous, or significant, characteristics of a certain product makes up the evaluative criteria. The alternative brands or retailers that a customer claims to consider while making a purchasing decision are included in the consumer's evoked set.
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Customers are naturally excited about make-to-stock, finish-to-order, make-to-order, and engineer-to-order. An operations and supply chain manager is far more interested in.
Customers are naturally excited about make-to-stock, finish-to-order, make-to-order, and engineer-to-order. An operations and supply chain manager are far more interested in the point in the supply chain at which customization occurs.
Supply chain management is the practice of coordinating the various activities necessary to provide and deliver goods and services to an enterprise's customers. Examples of supply chain sports can consist of designing, farming, production, packaging, or transporting.
There are four additives to a supply chain that should be considered an agile version: virtual integration, technique alignment, a community base, and market sensitivity. Virtual integration requires the business to track marketplace calls for modifications in actual time.
Even though the supply chain is a totally huge professional field, it has 7 primary purposeful areas: purchasing, production, inventory control, demand-making plans, Warehousing, Transportation, and customer service.
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Arnez company’s annual accounting period ends on december 31. The following information concerns the adjusting entries to be recorded as of that date. The office supplies account started the year with a $2,600 balance. During the year, the company purchased supplies for $10,738, which was added to the office supplies account. The inventory of supplies available at december 31 totaled $2,288. The prepaid insurance account had a $30,192 debit balance at december 31 before adjusting for the costs of any expired coverage for the year. An analysis of prepaid insurance shows that $21,735 of unexpired insurance coverage remains at year-end. The company has 15 employees, who earn a total of $2,600 in salaries each working day. They are paid each monday for their work in the five-day workweek ending on the previous friday. Assume that december 31 is a tuesday, and all 15 employees worked the first two days of that week. Because new year’s day is a paid holiday, they will be paid salaries for five full days on monday, january 6 of next year. The company purchased a building at the beginning of this year. It cost $620,000 and is expected to have a $45,000 salvage value at the end of its predicted 40-year life. Annual depreciation is $14,375. Since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $2,900 per month, starting on november 1. The rent was paid on time on november 1, and the amount received was credited to rent revenue. However, the tenant has not paid the december rent. The company has worked out an agreement with the tenant, who has promised to pay both december and january rent in full on january 31. On november 1, the company rented space to another tenant for $2,627 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the unearned revenue account. Assume no other adjusting entries are made during the year. Required: 1. Use the information to prepare adjusting entries as of december 31. 2. Prepare journal entries to record the first subsequent cash transaction in january of the next year for parts c and e
1. Preparing the adjusting entries as of December 31 for Arnez Company is as follows:
Adjusting Journal Entries:Debit Supplies Expenses $11,050
Credit Supplies $11,050
Debit Insurance Expenses $8,457
Credit Prepaid Insurance $8,457
Debit Salaries Expense $5,200
Credit Salaries Payable $5,200
Debit Depreciation Expense $14,375
Credit Accumulated Depreciation- Building $14,375
Debit Rent Receivable $2,900
Credit Rent Revenue $2,900
Debit Unearned Revenue $5,254
Credit Rent Revenue $5,254
2. The journal entries to record the first subsequent cash transactions in January:
Journal Entries:Debit Salaries Payable $5,200
Debit Salaries Expense $7,800
Credit Cash $13,000
Debit Cash $5,800
Credit Rent Receivable $2,900
Credit Rent Revenue $2,900
Transaction Analysis:Supplies:Beginning inventory $2,600
Purchase 10,738
Ending inventory (2,288)
Supplies Expenses $ 11,050 Supplies $11,050
Prepaid Insurance:Beginning balance $30,192
Ending balance 21,735
Insurance Expenses $8,457 Prepaid Insurance $8,457
Salaries Payable:Beginning balance = $5,200 ($2,600 x 2)
Salaries Expense $5,200 Salaries Payable $5,200
Building, cost = $620,000
Salvage value (45,000)
Depreciable = $575,000
Depreciation Expense $14,375 Accumulated Depreciation- Building $14,375
Rent Receivable $2,900 Rent Revenue $2,900
Unearned Revenue $5,254 Rent Revenue $5,254
Subsequent Cash Transactions in January:
Salaries Payable $5,200 Salaries Expense $7,800 Cash $13,000
Cash $5,800 Rent Receivable $2,900 Rent Revenue $2,900
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Sijara is working on a marketing plan for her toy company’s new doll line and believes that that her corporation needs to modify their existing dolls to include a more global approach in terms of clothing and hair color to meet the needs of the new markets. What strategy is Sijara looking to employ for her corporation?
The marketing plan that Sijara should apply is to change the product and make it more globally inclusive.
What is a marketing plan?Marketing plan can be defined as the strategy or the change which the complete going to incorporate in their business or behavior. It can be related to the product or how they are putting it in the market.
In this case as working on the toy factory and the dolls need to have a global approach this mean that the development will be changed as it is on global inclusion as well as lifestyle and behavior is a major factor in the change.
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You are the manager of a customer service call center that handles customer inquiries for a large clothing retailer. One of your responsibilities is to use different types of reinforcement to motivate employees to engage in certain behaviors while on the phone with customers. Because you want all employees to stick to the provided script when answering calls, you decide to randomly monitor calls and praise employees who use the script. What type of reinforcement did you use?.
Positive reinforcement involves the use of rewards to increase the likelihood that a desired behavior—high performance, for instance—will be repeated.
Positive reinforcement is the process of using incentives to make it more likely that a desired behavior—like a good performance, for example—will be repeated. Extinction entails removing further reward (either positive or negative) after the behavior to be extinguished occurs in order to reduce the probability that it will occur again. Punishment is the use of unfavorable results to reduce the likelihood of a behavior. In order to improve the chance that someone would repeat an action, negative reinforcement is based on the elimination of unpleasant present or future consequences. In other words, the elimination or avoidance of something unpleasant may be motivating.
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In societies with which type of economy does the government control most economic activity, including providing medical services and operating hospitals and clinics?
It is a socialist economy in which the government controls most economic activity, including providing medical services and operating hospitals and clinics.
What is the Socialist Economy?Socialism's core tenet is the concept of class antagonism. Karl Marx, its most notable proponent, thought that poor workers who experienced these injustices would inevitably rise up in revolt against the powerful capitalists. He imagined a society in which the workers themselves or the government-owned and ran the industrial sector.
Socialists contend that pooled resource ownership and centralized planning offer a more egalitarian method of distributing commodities and services than capitalism. In essence, they advocate that employees who contribute to the nation's economic output should anticipate proportional compensation. "From each according to their ability, to each according to their need" is the socialist catchphrase, which encapsulates this concept.
In a truly socialist society, the government would be in charge of setting output and price levels. Aligning these choices with consumer needs is a difficult task. Oskar Lange and other socialist economists have suggested that central planners can avoid significant production inefficiencies by adjusting to inventory levels. Therefore, an excess of tea in stores indicates that prices should be reduced, and vice versa.
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skyler is covered by his company's health insurance plan. the health insurance costs his company $9,500 a year. during the year, skyler is diagnosed with a serious illness and health insurance pays $100,000 for surgery and treatment. how much of the insurance and treatment payments are taxable to skyler?
Answer:0
Explanation:Many taxpayers are covered by accident and health insurance plans. These plans pay for the cost of medical care of the taxpayer and any dependents who are insured under the plan. The taxpayer may pay the total premiums of the plan, or his or her employer may pay part or all of the premiums. Taxpayers are allowed liberal exclusions for payments received from these accident and health plans.
marilyn operates a store called the gift garden. her store sells pottery, candles, crafts, and other knickknacks that make good gifts for family and friends. the gift garden is a .
Marilyn operates a store called the gift garden. her store sells pottery, candles, crafts, and other knickknacks that make good gifts for family and friends. the gift garden is a traditional speciality store.
What is traditional speciality store?A traditional specialty retailer works with businesses like retailers of jewelry, clothing, and athletic goods that carry a prop up or support the narrow product mix with vast product lines. Due to their focus on a specific product line or category, these classic specialized shops are often known as limited-line stores. The classic specialty merchants offer products for shopping that fall under a specialized product category and range. Because they have great experience and are experts in a certain line of products, they are able to invest in the product knowledge training of their team. They generally work with retail companies that concentrate on a particular product line or set of product categories, including apparel, office supplies, etc.Learn more about the speciality store with the help of the given link:
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If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, which production decisions might this reflect?.
If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, this will reflect Production shifts to the use of cheaper ingredients. Thus the correct option is D.
What is Quality?Quality is referred to as a standard for measurement against anything. It is refer to unique characteristics possed by any object in order to determine its features.
The amount that a thing can be sold for is restricted by a price ceiling. which is decided by the government or a government agency.
The typical response of producers to a minimum price is to lower the quality of their products or to manufacture fewer of them in order to lower costs.
Therefore, option D Production shifts to the use of cheaper ingredients is appropriate.
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The complete question is probably
If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, which production decisions might this reflect? Correct Answer(s) Customers are rapidly buying the limited number of loaves available. Marketing is no longer aimed at upscale consumption. Specialty bread is available only direct from the bakery, to avoid transportation costs. Production shifts to a use of cheaper ingredients. Incorrect Answer(s)
when one member of a society owns all of the goods, and redistribution of goods cannot take place without making that member worse off, the society can be said to be:
when one member of a society owns all of the goods, and redistribution of items cannot take location barring making that member worse off, the society can be said to be Pareto efficiency.
Pareto efficiency, or Pareto optimality, is an financial kingdom where assets can't be reallocated to make one person better off except making at least one person worse off.
What is an example of Pareto efficiency?Consider some other example: the sale of a used car. The seller can also price the car at $10,000, while the customer is willing to pay $15,000 for it. A deal in which the car is sold for $12,500 would be Pareto efficient because each the seller and the client are better off as a end result of the trade.
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https://brainly.com/question/13721005#SPJ4The suppliers of denver press offer the firm 30 days credit on all its purchases. Denver press has an average payment period of 84 days as compared to its industry average of 43 days. Which of these statements applies to denver press?.
An obligation to pay money or another agreed-upon value to a third party, the creditor, is known as a debt.
What does a debt-to-income ratio of 0.45 mean?
The debt-to-capital ratio, as its name suggests, identifies the percentage of a company's total capital that is financed by debt. If a corporation has a debt-to-capital ratio of 0.45, for instance, that indicates debt accounts for 45% of the company's capital.
How is ratio analysis calculated?
Formula for Ratio Analysis: The net income is divided by the average total assets to arrive at the return-on-assets ratio (the total assets at the start and at the end of the year divided by two).
What does a 30% dividend payout mean if a company has no outstanding preferred stock?
A company with no preferred stock would have a dividend payout of 30%, meaning common stock dividends would account for 30% of net income.
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During a project, it is determined that some of the necessary equipment will arrive 1 week later than anticipated. In order to keep the project moving, the project manager decides to begin the second step of the project before the first step is completed. During what phase of the project management process would this occur in?.
Issue a change request to minimize the scope for the release
Suppose $6,500 is invested in an account that earns interest at a rate of 2% compounded quarterly for 10 years. describe and correct the error a student made when finding the value of the account
Let's say $6,500 is deposited in an account with a 10-year interest rate of 2% compounded quarterly. After ten years, the account is worth $7,935.
What is the interest?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount (the amount borrowed) to a lender or depositor at a set rate by a borrower or deposit-taking financial institution.It differs from a charge the borrower could pay the lender or another entity.interest also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a portion of the rewards received by risk-takers who take on risks in order to generate revenue.To know more about interest, refer to the following link:
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brody company makes industrial cleaning solvents. various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. brody provided the following information for last year:
The company makes industrial cleaning solvents. various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last year: Raw materials purchases $250,000.
Some samples of strong cleaning solvents are acetone, methyl ethyl ketone, toluene, nPB, and trichloroethylene (TCE). Common mild solvents include isopropanol, glycerin, and antifreeze. Industrial cleaning chemically may be a specialized process that needs in-depth knowledge of chemical compounds and their reaction to certain surfaces and stains.
Chemical-based cleaning is employed to get rid of stubborn stains and other wastes commonly found in industrial cleaning services. Although cleaners that contain solvents vary widely in terms of applications and effects, most industrial solvent-based cleaners are made up of one among three styles of solvents: oxygenated, hydrocarbon, and halogenated.
Below, we glance at their basic characteristics to assist inform your cleaner purchase. There are two forms of solvents : organic solvents and inorganic solvents. Inorganic solvents are those solvents which don't contain carbon like water, ammonia whereas organic solvents are those solvents which contain carbon and oxygen in their composition like alcohols, glycol ethers.
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Complete Question: Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information OBJECT for last year:Raw materials purchases Direct labor Depreciation on factory equipment Depreciation on building Depreciation on headquarters building Factory insurance Property taxes: Factory Headquarters Utilities for factory Utilities for sales office Administrative salaries Indirect labor salaries Sales office salaries Beginning balance, raw materials Beginning balance, work in process Beginning balance, finished goods Ending balance, raw materials Ending balance, work in process Ending balance, finished goods $250,000 140,000 45,000 30,000 50,000 15,000 20,000 18,000 34,000 1,800 150,000 156,000 90,000 124,000 124,000 84,000 102,000 130,000 82,000Last year, Brody completed 100,000 units. Sales revenue equaled $1,200,000, and Brody paid a sales commission of 5 percent of sales.
1. Calculate the direct materials used in production for last year.
2. Calculate total prime cost.
3. Calculate total conversion cost.
4. Prepare a cost of goods manufactured statement for last year. Calculate the unit product cost.
5. Prepare a cost of goods sold statement for last year.6. Prepare an income statement for last year. Show the percentage of sales that each line item represents.
For a student that owns his or her own home, and doesn't plan to live in the dorm, the cost of going to college is?
Answer:
all depends on what college u go to
Explanation:
the community college near me is only 2-3k
Why would working for low wages in the kitchen of a local church be an example of good time management for barbara lynch?
Working for low wages in the kitchen of a local church be an example of good time management for barbara lynch because he was able to benefit from it and still able to do other tasks.
What is time management?Time management can be described as the process that involves the good utilization of our time with respect to the set tasks in a particular period of time.
It should be noted that this encompass the process of planning as well as exercising conscious control so as to be able to bring efficiency, and productivity in our organization as well as the company and this can as well be in the life of individuals, hence the case above was able to carry out other tasks.
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true or false: having a project extranet track outstanding issue(s) is of value because it provides a consistent means of monitoring progress and status across the entire project or enterprise while providing a safety net to ensure that items do not become forgotten.
It is very helpful to monitor the progress of the project. so the given statement is true.
what is outstanding issues?Outstanding issues refers to any strategy utilized to identify issues with a program item and outline the timeline of that issue's resolution. Issue following is the method of recording client complaints and problems so that they can be settled in an organized fashion. Issue following is for the most part used inside program development but can apply to any customer-facing aspect of a business.
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You are thinking about buying a bond that offers a coupon rate of 6% but with semi-annual coupon payments. The bond has exactly 7 years remaining to maturity. The face value of the bond is $1,000. Your required return is 8. 16% per year. How much should you be willing to pay for this bond?.
With 6% semi-annual coupon rate of bond payments and $1000 face value the amount payable should be $30 (3% of 1000).
More about bonds:
If a bond's initial price is similar to its par value, its coupon rate and yield to maturity are identical. A bond's face value, also known as the proclaimed worth of the bond at the time of filing, as established by the issuing company, is its par value. Par values for most bonds are $100 or $1,000.
The majority of fixed-income investors are more interested in the bond yield, which is a measurement of the income produced by a bond and is calculated as the interest divided by the price.
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A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $1,000 per month for the next three years and then $2,000 per month for two years after that. If the bank is charging customers 7. 5 percent apr, how much would it be willing to lend the business owner?.
The amount bank will be willing to lend = $67,662.7
How is the amount calculated?Present value of annuity=Monthly Payments× [1- [tex]\frac{1}{(1+r)^n}[/tex] ] ÷ r
where,
Monthly payments = $1,000
r = Rate of return = 7.5% / 12 = 0.625%
n = Number of periods = 3 ×12 = 36
Present value of annuity=$1,000×1− [[tex]\frac{1}{(1 + 0.00625)^3^6}[/tex] ] ÷ 0.00625
Present value of annuity=$32,147.91
Calculation of the present value of annuity for the next two years:
Present value of annuity=Monthly Payments× 1− [tex]\frac{1}{(1+r)^n}[/tex] ÷ r
where,
Monthly payments = $2,000
r = Rate of return = 7.5% / 12 = 0.625%
n = Number of periods = 2 ×12 = 24
Present value of annuity
=$2,000×1−[[tex]\frac{1}{(1 + 0.00625)^2^4}[/tex] ] ÷ 0.00625
Present value of annuity=$44,444.85
Now, lets calculate the present value:
Future value = $44,444.85
Rate of interest = 7.5% / 12 = 0.625%
Number of periods = 3 * 12 = 36
Present value=Future value∗1/(1+Rate of Interest)^Number of periods
Present value=$44,444.85∗1/(1+0.00625)^36
Present value=$35,514.79
The amount bank will be will to lend = Present value of annuity for the first three years + Present value
The amount bank will be will to lend = $32,147.91 + $35,514.79
The amount bank will be will to lend = $67,662.7
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The first step in the planning process, situational analysis, summarizes information relevant to the planning issue. In the second step, the planners should use the findings from the first step to produce ______.
In the second step, the planners should use the findings from the first step to produce: A. alternative goals.
What is planning?Planning can be defined as the process of developing and setting organizational objectives and goals, as well as translating them into action plans or courses of action.
What is a goal?A goal can be defined as an outcome statement and strategic objectives that defines what an individual or a group of people (team) hopes to successfully achieve (accomplish) in the future i.e over a specific period of time.
This ultimately implies that, a goal is simply a futuristic idea, an objective, or desired result that an individual envision, plan, and commit to achieve over a specific period of time.
In this context, we can reasonably infer and logically deduce that the planners should use the findings derived (obtained) from the first step to produce alternative goals for the second step.
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Complete Question:
alternative goals
decisions
hedging
What happens to the equilibrium price and equilibrium quantity when demand and supply decrease simultaneously, but the relative size of the shifts are not known?.
Then the equilibrium price will be lower than it was before the curves shifted. A growth in demand, all other matters unchanged, will purpose the equilibrium charge to upward thrust; amount provided will growth.
A decrease in call for will motive the equilibrium fee to fall; quantity supplied will decrease.
Demand is the amount of an excellent that consumers are willing and capable of purchase at diverse charges throughout a given time. the connection between charge and quantity call for is also called the call for curve. call for is the amount of customers who are inclined and able to buy products at diverse prices at some point of a given period of time. call for for any commodity implies the consumers' desire to collect the good, the willingness and capability to pay for it.as an example, if a customer is hungry and buys a slice of pizza, the first slice will have the finest advantage or utility. With every extra slice, the client will become greater satisfied, and software declines. In principle, the primary slice might fetch a better rate from the client.
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