What is one strategy that can help a person avoid spending too much money
on interest when borrowing money?
A. Choosing a loan with a compound rather than simple interest rate
B. Choosing a credit card with a high minimum monthly payment
C. Choosing a loan with a simple rather than compound interest rate
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D. Choosing a credit card with a low minimum monthly payment
Answers
Answer:
Concept: Business
Choosing a credit card with a low minimum monthly payment will lead to less spendingAnswer:
I got C. Choosing a loan with a simple rather than compound interest rate
Explanation:
Related Questions
If the adoption of a new product will reduce the sales of an existing product, then the projected sales should:_______.
a) reflect only the sales of the new product
b) include only the reduction amount.
c) equal the incremental increase in total sales.
d) be adjusted upward by the reduction amount.
Answers
Answer:
C. equal the incremental increase in total sales.
Explanation:
This analysis is mostly used in a lot of cases by companies in checking the profitability of all their dealings which is been done in segments here. In the case above equalling total sale increment comes on if reduction will be seen in the old stock value when the new product comes on board. This is seen to be done by companies mostly when it puts its attached statement from their income to the earned total.
Also, summations of this kind is also seen to manipulate the revenue change percentage which is dependent on when these events were been documented.
Which of the following actions would be the best way to identify one's areas of stregth? a) visit a career fair
b) write a resume
c) consult the occupational outlook handbook
d) take a self-assessment test
Answers
Answer:
d) Take a self-assessment test.
Explanation:
To determine what one's strengths are, there is no one better than oneself to know them. This is because, an individual knows himself best, more than anyone else.
So, in order to identify the areas of interest of a person, that person can take a self-assessment test that will help him/ her see what are the strengths, the qualities that he possesses, etc. This self-assessment test will help figure out the pros and cons of that person and help determine the strengths he possesses.
Thus, the correct answer is option d.
The United States has maintained a trade embargo against Cuba since February 1962 in response to actions taken by the Cuban government. The primary idea behind an embargo of this nature is to punish to Cuban government by restricting trade with a large economy such as that of the United States, but embargos tend to have other repercussions as well. What I'd like you to do, in 400-600 words, is explain what some of these repercussions have been, who they have impacted, and briefly explain whether or not you feel that the embargo is beneficial in the year 2020.
Answers
Answer:
In 1962, during the government of J.F. Kennedy, the United States imposed a trade embargo against Cuba, by means of which American companies and individuals were prohibited from trading or investing (even traveling) to Cuba, in retaliation for the actions carried out by the government of Fidel Castro, that he had expropriated assets of American companies and individuals on the island, in addition to aligning himself politically with the Soviet Union and threatening the national security of the United States.
This embargo has prevented Cuba from accessing a large series of goods and services that were provided directly by American companies, or with American components by companies from other nations. This has led to a serious shortage of the Cuban domestic market, causing an economic and social crisis in the Caribbean nation.
However, on the political level, this embargo has not achieved its objective of weakening the Cuban dictatorial government, but rather allows it an excuse to justify the failure to fulfill its objectives.
If Kaci finds $1,000 under her bed and deposits in a bank, what is the immediate change in checkable bank deposits (demand deposits)
Answers
Answer: Increase by $1,000
Explanation:
Kaci took the $1,000 and deposited it in a bank account. This will increase checkable bank deposits by the same amount because this is what the money will be classified as.
It will form part of M1 money supply which consists of the most liquid currency like physical cash and demand deposits.
The immediate change in checkable bank deposits (demand deposits) is increased by $1,000.
Given that,
If Kaci finds $1,000 under her bed and deposits in a bank.The change should be explained below.Based on the above information, the following information should be considered:
In the case when kaci took $1,000 and the same should be deposited in the bank account.It increased the checkable bank depositsTherefore, we can conclude that the immediate change in checkable bank deposits (demand deposits) is increased by $1,000.
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A corporation has annual sales of $20 million, total assets of $6 million, a debt ratio of 60%, depreciation expenses of $100,000, and a tax rate of 40%. The corporation's total stockholders' equity is equal to: Group of answer choices $2,800,000 $1,800,000 $2,400,000 $5,600,000
Answers
Answer:
$2,400,000
Explanation:
Calculation for what The corporation's total stockholders' equity is equal to
Total stockholders' equity=$6million -(.60 * $6million)
Total stockholders' equity = $6million - 3.6 million
Total stockholders' equity = $2.4million
Therefore The corporation's total stockholders' equity is equal to $2,400,000
What are the portfolio weights for a portfolio that has 145 shares of Stock A that sell for $45 per share and 110 shares of Stock B that sell for $27 per share
Answers
Answer:
Portfolio weight A = 0.6872
Portfolio weight B = 0.3128
Explanation:
Calculation for What are the portfolio weights
First step is to calculate the Top Value
Top Value = 145(45) + 110(27)
Top Value = 9495
Calculation for Portfolio weight A
Portfolio weight A = 145(45)/9495
Portfolio weight A = 0.6872
Calculation for Portfolio weight B
Portfolio weight B = 110(27)/9495
Portfolio weight B = 0.3128
Therefore the portfolio weights are :
Portfolio weight A = 0.6872
Portfolio weight B = 0.3128
it is the process of enabling people to increase control and to improve their health.
Answers
Answer:
Health Promotion
Explanation:
Health promotion is the process of enabling people to increase control over, and to improve, their health. This is accomplished by building healthy public policies, creating supportive environments, and strengthening community action and personal skills. ...
Hope this helps!
As the Chief Executive Officer (CEO) of Organic Foods International, Rebecca signs major contracts with various food suppliers as well as many legal documents. Rebecca is playing the role of a
Answers
Answer:
leader
Explanation:
According to Mintzberg, one of the most important roles of managers is to be a leader. The role of the leader requires that a manager exercise their authority and perform related tasks that are their responsibility. In this case, the CEO is responsible for signing contracts in the name of the company.
The role that Rebecca is playing in this case is a Liaison and leader..
A typical liaison responsibility is to act as liaises between two organizations.
A typical role of a leader is to exercise their authority and perform related tasks.
Therefore, Rebecca action in signing major contracts with various food suppliers as well as many legal documents falls under the role of a leader and liaison.
Therefore, the correct option is A and B.
The options to the question includes "a. leader, b. didseminator, c. spokesperson, d. figurehead, e. liasion"
Learn more about Liaison officer here
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Which of the following is true of marginal product? Select one:
a. When marginal product is negative, total product is increasing
b. When marginal product is increasing, total product is decreasing.
c. When marginal product is positive and decreasing. total product is decreasing.
d. When marginal product is positive and decreasing. total product is increasing by increasing amounts.
e. When marginal product is increasing, total product is increasing by increasing amounts.
Answers
Answer: When marginal product is increasing, total product is increasing by increasing amounts.
Explanation:
The marginal product is simply referred to as the additional output that is created due to the fact that an additional input has been placed into that particular organization or company.
The option thst is true of marginal product is option E "When marginal product is increasing, total product is increasing by increasing amounts".
We should also note that when the marginal product is reducing, but is still positive, then the total product will be increasing even though it'll now be at a decreasing rate.
Consider an incentive system that simply rewards production output. How can this system hurt an organization with a distinct bottleneck operation? What part of the organization will be hurt the most?
Answers
Answer:
The department with the bottleneck output will suffer the most.
Explanation:
A bottleneck operation is a point in the organization where everything is filtered, for example in the textile industry, it is usually where the clothes are branded, meaning the tags are sewed or printed into the clothing, and no matter how hard the other departments work, that bottleneck part of the operation can only do so much, so when you reward output for other departments instead of efficiency or searching for other parameters the only thing you'll end up with is a bottleneck department filled up with work to do and no real change in your final production output.
Atlantic Fisheries has an EBIT of $3,280, depreciation of $1,850, cost of goods sold of $6,920, dividends paid of $750, interest expense of $860, and sales of $6,500. What is the taxable income
Answers
Answer: $2420
Explanation:
The following can be deduced from the question:
EBIT = $3,280
Depreciation = $1,850
Cost of goods sold = $6,920
Dividends = $750
Interest expense = $860,
Taxable Income will be calculated as:
= EBIT - Interest Expense
= $3280 - $860
= $ 2420
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $2.90 per sandwich. Sandwiches sell for $3.70 each in all locations. Rent and equipment costs would be $5,900 per month for location A, $5,950 per month for location B, and $6,200 per month for location C
a. Determine the volume necessary at each location to realize a monthly profit of $12,500·(Do not round intermediate calculations. Round your answer to the nearest whole number.) Location Monthly Volume
b-1. If expected sales at A, B, and C are 23,500 per month, 26,500 per month, and 25,500 per month, respectively, calculate the profit of the each locations? (Omit the "$" sign in your response.) Location Monthly Profits
b-2. Which location would yield the greatest profits?
a) Location A
b) Location C
c) Location B
Answers
Answer:
a. Determine the volume necessary at each location to realize a monthly profit of $12,500·
contribution margin per sandwich = $3.70 - $2.90 = $0.80
break even point location A = ($5,900 + $12,500) / $0.80 = 23,000 unitsbreak even point location B = ($5,950 + $12,500) / $0.80 = 23,062.5 ≈ 23,063 unitsbreak even point location C = ($6,200 + $12,500) / $0.80 = 23,375 unitsb-1. If expected sales at A, B, and C are 23,500 per month, 26,500 per month, and 25,500 per month, respectively,
profit location A = (23,500 x $0.80) - $5,900 = $12,900profit location B = (26,500 x $0.80) - $5,950 = $15,250profit location C = (25,500 x $0.80) - $6,200 = $14,200b-2. Which location would yield the greatest profits?
c) Location BCorporate philanthropy: Group of answer choices is defined by none of the above is not a way that many companies today express their social responsibilities can be either a cash or a noncash donation is defined as the corporation's responsibility to satisfy the needs of its investors is the practice of limiting investments to companies that behave in accordance with the investors' code of ethics
Answers
Answer:
None of the above.
Explanation:
Philanthropy, whose initial meaning is "love for humanity", is the practice through which the private sectors allocate part of their economic funds to charity or the performance of public works, through foundations or charitable funds that finance works that meet the needs of society or a sector of it. In this context, corporate philanthropy is the exercise of this type of activity by business or corporate groups, which use part of their earnings for the development of charities or public works.
Wang, Inc. borrowed $10,000 from Second National Bank on January 1, 2010. The loan is to be repaid on July 1, 2010, along with interest at 6% per year. How much interest should be paid on July 1?
Answers
Answer:
$300
Explanation:
Given that:
Amount borrowed = $10000
Date borrowed = Jan 1, 2010
Repayment date = July 1, 2010
Interest rate = 6% ; time = 6 months = 0.5 year
Using the relation :
A = P(1 + rt)
A = final amount to be paid
A = 10000(1 + 0.06*0.5)
A = 10000(1 + 0.03)
A = 10000(1.03)
A = $10,300
Interest paid = $10300 - $10000 = $300
10 POINTS HELP HELP HELP
Answers
The nominal interest rate is 7% and the expected inflation rate is 2%. Based on the Fisher effect, the real rate of interest is: (Hint: keep up to four decimal points in calculation) Group of answer choices 6.86% 5.1% 5.0% 9%
Answers
Answer:
Real interest rate= 0.05 = 5%
Explanation:
Giving the following information:
Nominal interest rate= 7%
Expected inflation rate= 2%
The inflation rate decreases the purchasing power of nominal money. It has the opposite effect of the nominal interest rate.
To calculate the real interest rate, we need to use the following formula:
Real interest rate= nominal interest rate - inflation rate
Real interest rate= 0.07 - 0.02
Real interest rate= 0.05 = 5%
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:
City Price ($) Sales
River Falls 1.30 100
Hudson 1.60 90
Ellsworth 1.80 90
Prescott 2.00 40
Rock Elm 2.40 38
Stillwater 2.90 32
Referring to the above listed table, what is the estimated slope parameter for the candy bar price and sales data?
A) 161.386
B) 0.784
C) -3.810
D) -48.193
Referring to the table, what is the estimated average change in the sales of the candy bar if price goes up by $1.00?
A) 161.386
B) 0.784
C) -3.810
D) -48.193
Referring to the table, what is the coefficient of correlation for these data?
A) -0.8854
B) -0.7839
C) 0.7839
D) 0.8854
Answers
Answer:
-48.193
-48.193
-0.8854
Explanation:
Given the data:
Price (X) : 1.30, 1.60, 1.80, 2.00, 2.40, 2.90
Sales (Y) : 100, 90, 90, 40, 38, 32
To answer the questions, we create a linear regression equation, using an online regression calculator :
The regression model obtained is :
ŷ = -48.1928X + 161.3855
The general form of a regression equation is :
y = mx + c
Where ;
y = dependent variable ; x = independent variable ; m = slope ; c = intercept
From the model, slope, m = - 48.1928
2.) Estimated average change if price goes up by $1.00
This is the value of the slope which is the average rate of Change in the dependent variable if the independent variable charges by 1 unit.
= - 48.193
C.)
Coefficient of correlation : - 0.8854 (using the correlation Coefficient calculator) ; This implies a strong negative correlation between the variables.
Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will
Answers
Answer:
B. Increase and the real wage will increase.
Explanation:
In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise
So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand
This leads to greater real wages rate and rise in full labor quantity employment
Hence, the option b is correct
Enhance Reinsurance Company was reported to have offered $4.2 million. Find the return that the company was looking for.
Answers
Question:
Several years ago The Wall Street Journal reported that the winner of the Massachusetts State Lottery prize had the misfortune to be both bankrupt and in prison for fraud. The prize was $9,420,713 to be paid in 19 equal annual installments. (There were 20 installments, but the winner had already received the first payment.) The bankruptcy court judge ruled that the prize should be sold off to the highest bidder and the proceeds used to pay off the creditors.
a. If the interest rate was 8%, how much would you have been prepared to bid for the prize?
b. Enhance Reinsurance Company was reported to have offered $4.2 million. Use Excel to find the return that the company was looking for.
Answer:
a. The amount I would have been prepared to bid for the prize is $4,761,724
b. The rate of return (r) they (that is Enhance Reinsurance Company) was looking for is r = 9.81%.
Explanation (a):
I would be willing to pay approximately USD 4.76 Million for the lottery because my Present Value calculations show me that the total value of the money now is worth less than it will be by the time I have collected the last installment 19 years later.
Present Value in finance refers to the incumbent value of cash or money or stream of cash flows to be received at a future date and or time subject to a rate of return. Its formula is given as follows
PV = [tex]FV\frac{1}{(1+r)^{2} }[/tex]
Step 1:
If there were 20 installments and the winner had already received the first installment, then the remaining monthly installments (that is the Future Values) are given as follows:
Balance divided by 19 years
$9,420,713 / 19 = $495,827
Step 2:
PV=$495,827 [tex][\frac{1}{0.08} - \frac{1}{0.08 X (1.08^{19} )} ][/tex]
PV = $4,761,724
Explanation (b):
Given that Enhance Reinsurance Company (ERC) was willing to pay $4.2 Million, the rate of return they were looking at can be calculated as follows:
$4,200,000 = $495,827 x [tex][\frac{1}{r} - \frac{1}{r X (1+r)^{19} } ][/tex]
Computing the above with excel, we arrive at 9.81%.
Cheers!
b. Using the midpoint method (show your work), calculate the price elasticity of demand when the price of a barrel of gosum berries rises from $70 to $80. What kind of elasticity is this value that you computed for the price elasticity of demand and what does it mean for how demand will change based on a change in price within this price range?
Answers
Answer:
no
Explanation:
A company purchased inventory for $2,000 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The company paid the shipper $100 cash for freight in. The company then returned damaged goods worth $200. The invoice has been paid 8 days after the sale. Assuming that there was no beginning inventory balance, the cost of inventory would be: (Assume a perpetual inventory system)
Answers
Answer:
$1,864
Explanation:
Calculation for Assuming that there was no beginning inventory balance, the cost of inventory would be:
Cost of Purchase$2,000
Less Purchase Returns($200)
Less Purchase Discount ($36)
[(2%*$2,000)-(2%*$200)]
($40-$4=$36)
Add Freight In $100
Net Cost of Inventory Purchased $1,864
($2,000-$200-$36+$100)
Therefore Assuming that there was no beginning inventory balance, the cost of inventory would be: $1,864
1. What are the four components of the output expenditure model? Explain each of the four in your own words.
Answers
Answer:
The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1 That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy.
Explanation:
In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and relatively high unemployment. What slow should be pursued in such an environment
Answers
Over the past 40 years, technological advances have reduced the cost of computer chips. This has led to _____ in the supply of computers, causing the price of computers to _____. Because computers and computer software are _____ , this change in price causes the demand for computer software to_____. However, computers and typewriters are _____ , so the charge in the price of computers _____ the demand for typewriters.
Answers
Answer:
an increase
fall
complements
increase
substitutes
reduces
Explanation:
computer chips are inputs used in the production of computers. If the cost of computer chips decreases, the cost of making computers reduces. This would increase the supply of computers.
When supply exceeds demand, price falls
Complement goods are goods used or consumed together. computers and computer software are complement goods. Due to the rise in computers, the demand for computer software would increase also.
Substitute goods are goods that can be used in place of other goods. Computers and typewriters are substitutes. Since the demand for computers have increased due to the fall in price of computer chips, less typewriters would be demanded for .
How would you pay taxes on a unearned income?
Answers
Hope this helped!
Which of the following statements is true about secondary markets?
A. A buyer may incur search costs and find a seller on their own through a direct search.
B. A broker may bring buyers and sellers together, charging a commission.
C. A dealer may sell and buy securities using his inventory, therefore reducing search costs. The dealer's return is the bid-ask spread.
D. An auction market allocates the selling shares to the highest bidder.
Answers
Answer:
True statement about secondary markets is:
B. A broker may bring buyers and sellers together, charging a commission.
Explanation:
In a typical secondary market, investors buy and sell outstanding shares among themselves. Acting as an intermediary between the stock exchange and the investor, a broker arranges the buying and selling of shares among investors, charging a commission for their work. They facilitate the sale and purchase of shares in the secondary market.
QUESTION (2)
What is supply chain Management (Explain in details )?
Answers
Answer:
The management of the flow of goods and services, involved the movement and storage of raw materials of work-in-process inventory and of finished good as well as end to end other fulfilment from point of origin to point of consumption.
application sick live
Answers
Oooooo
Sir/Mam, Most respectfully, I beg to state that I am not in a condition to come to the school since I am suffering from fever. I have been prescribed by our family doctor o take proper rest for at least [number of days] days. Hence, kindly grant me leave from (start date) to (end-date)
"home is the best place for a sewing machine" what does it mean?
Answers
how do i make spaghetti?