Answers
Answer:
Annual payment $9,712.72
Explanation:
Loan Amount = Cost of home - down payment
Loan amount = 150,000 - (10%× 150,000)= 135,000
Monthly payment = Loan Amount/Annuity factor
Annuity factor = (1 - (1+r)^(-n) )/r
r- monthly interest rate, n- number of months
Monthly interest rate = 0.5%
Number of months = 30× 12 = 360 months
Annuity factor = (1- (1+0.005)^(-360))/0.005= 166.7916144
Monthly payment = Loan Amount/Annuity factor
Monthly payment = 135,000/ 166.79=809.393209
Annual payment = Monthly payment × 12
Annual payment = 809.39 × 12 =9,712.718
Annual payment $9,712.72
Related Questions
salvatore has the opportunity to invest in a scheme that will pay $6,496 at the end of each of the next 5 years. he must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year. assume that the interest rate is 6%. then, the present value of this investment is $ . (round your answer to two decimal places)
Answers
Salvatore has the opportunity to invest in a scheme that will pay $5000 at the end of each of the next 5 years. He must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year. $ 3189.80 is the present value of this investment if the interest rate is 3%.
An investment is the giving of money to purchase an asset in order to achieve an increase in value over a period of time. Investment requires the sacrifice of some current asset such as time, money or effort.In finance, the purpose of investing is to generate a return on the invested asset. Income can consist of a gain (gain) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), investment income such as dividends, interest or rental income, or a combination of capital gain and income. Income may also include currency gains or losses due to changes in foreign currency exchange rates.
Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is generally low as well. Similarly, high risk comes with the possibility of high losses. Investors, especially novices, are often advised to diversify their portfolios. Diversification has a statistical effect of reducing the overall ri
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You are charged with hiring a manager for a fast food restaurant. The operations within the store are highly standardized, and employees have very specific job descriptions. The person will be in charge of managing around thirty employees. There is a high degree of turnover among employees so retention will be an important priority. Most employees who work in the restaurant are young with low levels of work experience and few of them view the restaurant business as a full time career. The atmosphere in the restaurant has a fast pace. In this company, managers are often promoted from within and this position is an exception. Therefore, the incoming manager may not receive a warm welcome from employees who were passed over for a promotion and their colleagues. Finally, the position power of the manager will be somewhat limited because employees are unionized. Therefore, the manager will have limited opportunities for distributing pay raises or bonuses.
Required:
a. Identify the leadership traits and behaviors that are desirable for this position.
b. Design an approach to selecting this person.
c. Which methods of employee selection would you use?
Answers
Desirable leadership traits and behaviors for this position might be a motivational leadership style, focused on establishing effective communication and a sense of team belonging.
These leadership characteristics would be essential to encourage work and increase reliability, through effective communication, coordination based on cooperation and employee motivation, which can contribute to the reduction of turnover.
One approach to selecting this manager could be through interviews where the recruiter would identify the candidate's profile and experiences, to hire the person most aligned with the company's objectives.
Employees could be selected through curriculum analysis and interviews, where the working methods and employee training would be explained, in order to find the appropriate profile that would increase integration and motivation in the work environment.
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Explain the history of SpaceX and its space shuttle.
Answers
Answer:
SpaceX was founded in 2002 by entrepreneur and engineer Elon Musk to revolutionize space technology, with the ultimate goal of enabling people to live on other planets. The aim of SpaceX is to make space travel more accessible and affordable, while also advancing rocket technology. In 2012, they became the first private company to send a spacecraft to visit the International Space Station (ISS). In 2015, they launched their first unmanned flight of the Falcon 9 rocket, which was an immense success. This was the first time a private company had achieved such a feat of launching its own rocket into Earth's orbit. Since then, SpaceX has continued to make enormous strides in the space industry. In 2017, they became the first company to reuse a rocket for a second launch. This marked a significant milestone as it meant that SpaceX could reduce costs and benefit from increased efficiency.In 2020, SpaceX launched a Crew Dragon capsule carrying NASA astronauts to the ISS, making them the first private company to achieve human spaceflight.SpaceX is currently developing a new type of space shuttle called Starship, which is set to launch on its first mission later this year. The Starship is designed to be fully reusable and will be able to transport up to 100 passengers and payloads to deep space destinations.Answer:
SpaceX, in full Space Exploration Technologies Corporation, American aerospace company founded in 2002 that helped usher in the era of commercial spaceflight. It was the first private company to successfully launch and return a spacecraft from Earth orbit and the first to launch a crewed spacecraft and dock it with the International Space Station (ISS). Headquarters are in Hawthorne, California.
SpaceX was formed by entrepreneur Elon Musk in the hopes of revolutionizing the aerospace industry and making affordable spaceflight a reality. The company entered the arena with the Falcon 1 rocket, a two-stage liquid-fueled craft designed to send small satellites into orbit. The Falcon 1 was vastly cheaper to build and operate than its competitors, a field largely populated by spacecraft built by publicly owned and government-funded companies such as Lockheed Martin and Boeing. Part of the rocket’s cost-effectiveness was made possible by the SpaceX-developed Merlin engine, a cheaper alternative to those used by other companies. SpaceX also focused on making reusable rockets (other launch vehicles are generally made for one-time use).
Explanation:
what is globalization ?
Answers
Answer:
the process by which businesses or other organizations develop international influence or start operating on an international scale.
Explanation:
Yeah
Mr. Liu turns 65 on June 19. He has never previously qualified for Medicare so his first Medicare eligibility date will be by June 1. Mr. Liu’s ICEP and Part D IEP begin March 1 and end on September 30. He wants prescription drug coverage with his Part A and Part B benefits. What advice c
an you provide him?
Answers
The advice that you can provide for him is for Mr Liu to enroll in MA-PD.
What is prescription drug coverage?Prescription drug coverage can be defined as the coverage that help to cover prescription drug of the person under the plan.
Based on the given scenario he should enroll in a MA-PD which full meaning is Medicare Advantage Prescription Drug so long as he enrolls in Part B and he is entitled to Part A.
Therefore The advice that you can provide for him is for Mr Liu to enroll in MA-PD.
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You make $40,000 per year. You have been offered a promotion and a $5,000 raise per year. Your average federal income tax rate will go up from 10% to 15% per year. Should you take the new job and the raise?
Answers
Answer:
Yes, Accept the new Job and raise
Explanation:
With the old Job, the annual income is $40,000 and a tax rate of 10%.
The annual tax obligation is 10% of $40,000
=10/100 x $40,000
=0.1 x $40,000
=$4,000
Annual take home is $40,000 -$4,000
=$36,000
With the new salary, the tax obligation will be
Tax rate=15%
Salary =$45,000
=15/100 x $45,000
=0.15 x $45,000
$6,750
The new take home pay is $45,000- $,6750
=$38,250
With the new Job, the take-home pay increases from $36,000 to $38,250.
The new Job and raise should be accepted.
Ivan is upset because he feels that Yvette never listens to his ideas in meetings. In their last meeting he offered a suggestion, and Yvette responded by rolling her eyes and ignoring his comment. How should Ivan BEST approach Yvette and communicate with her to try to resolve this conflict?
Answers
A personal dialogue with Yvette asking why she never listens is the best first step to take. When the "why" is established, then using empathy and listening skills, Ivan can attempt to put himself in Yvette's shoes to hear the things he says from her perspective.
This will create understanding and help Ivan to be able to speak in the language that Yvette can understand, thus, resolving the conflict.
What is conflict?Conflict is defined as a fight and a collision of interests, opinions, or even values. A dispute will always exist in society, regardless of whether the source of the conflict is personal, racial, class, caste, political, or international.
Well-managed conflict results in improved engagement and creativity, whereas badly managed conflict results in increased stress and worry. Jobs that deal with people are more likely to cause conflict.
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Haile Resort opened for business on June 1 with eight air conditioned units. Its trial balance on August 31 is as follows. Haile Resort Trial Balance August 31, 2022 Debit Credit Cash Br. 39,200 Prepaid Insurance 9,000 Supplies 5,200 Land 40,000 Buildings 240,000 Equipment 32,000 Accounts Payable Br. 9,000 Unearned Rent Revenue 9,200 Mortgage Payable 100,000 Share Capital—Ordinary 200,000 Retained Earnings 0 Dividends 10,000 Rent Revenue 172,400 Salaries and Wages Expense 89,600 Utilities Expense 18,400 Maintenance and Repairs Expense 7,200 Br.490,600 Br.490,600 Other data: 1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022. 2. An inventory count on August 31 shows Br.1,300 of supplies on hand. 3. Annual depreciation rates are buildings (4%) and equipment (10%). 4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior to August 31. 5. Salaries and wages of Br.750 were unpaid at August 31. 6. Rentals of Br.1,600 were due from tenants at August 31. 7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per year. Instructions a. Journalize the adjusting entries on August 31 for the 3-month period June 1–August 31. b. Prepare an adjusted trial balance on August 31.
Answers
The general ledger account balances are shown in an adjusted trial balance following any revisions.
What is Adjusted Trial Balance ?These changes often cover depreciation, prepaid expenses, accruing expenses, and other non-cash costs.
Haile Resort
Adjusted Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Rental Receivable 1,600
Prepaid Insurance 9,000 - 5,250
Supplies 5,200 - 3,900
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200 - 7,600
Salaries and Wages Payable 750
Mortgage Interest Payable 5,333
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400 + 7,600 + 1,600
Salaries and Wages Expense 89,600 + 750
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Insurance Expense 5,250 (Br. 9,000 x 7/12)
Supplies Expense 3,900
Depreciation Expenses:
Buildings 9,600 (Br. 240,000 x 4%)
Equipment 3,200 (Br. 32,000 x 10%)
Mortgage Interest Expense 5,333 (Br. 100,000 x 8% x 8/12)
Totals Br.490,600 Br.490,600
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A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
What is a Trial Balance?A trial balance is a list of every general ledger account in a company's ledger. Each nominal ledger account's name and the current balance amount will be listed in this list. Either a debit balance or even a credit balance will be present in each nominal ledger account.
Businesses utilize a trial balance, which is a list of credit and debit entries, to internally evaluate their double-entry accounting systems. In order to determine whether any entries have indeed been made in the incorrect account and to make sure that the total of all debits and credits matches one another.
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HELP
Professor Frank was offered a $5000 stipend for working on a new gaming
simulation. One requirement for the stipend is that his students to purchase the
game.
A) Professor Frank is faced with a conflict of interest
B) Professor Frank is faced with a risk/reward decision
3
C) Professor Frank should negotiate for a higher stipend
D) Professor Frank should purchase lunch for his students 10 times during the
semester to negate his ethical dilemma
Answers
A) Professor Frank is faced with a conflict of interest
Conflict of interest can be define as making a decision that best work in one's own favour or one's own interest.
Based on the information given Professors Frank is faced with conflict on interest based on the requirements given to him.
If at the end of the day Professors Frank persuaded his student to purchase the game based on the $5,000 stipend that was offered to him, which means that Professor Frank has engaged in what is called Conflict of interest because of the financial Interest attached to the condition given to him.
Example of conflict of interest is providing your employer sensitive information to another company because of the financial gain attached to it.
Inconclusion A) Professor Frank is faced with a conflict of interest
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Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units2,400 3,500 4,400 The company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales. Finished goods inventory on December 31 is 240 units. The budgeted production units for February are
Answers
Answer:
the budgeted production units for the feb month is 3,590 units
Explanation:
The computation of the budgeted production units for the feb month is given below:
= Feb units + closing units - opening units
= 3,500 units + (4,400 units × 10%) - (3,500 units × 10%)
= 3,500 units + 440 units - 350 units
= 3,590 units
hence, the budgeted production units for the feb month is 3,590 units
The same would be considered
how does different stakeholders impact an upcoming entrepreneurs
Answers
The different stakeholders involved in the success of an upcoming entrepreneur include customers, investors, local communities, government, and suppliers.
Why is it so?Each of these stakeholders has a unique impact on the success of an entrepreneur's venture. Customers provide feedback on the service or product, which can be used to improve the offering. Investors provide the capital needed to start and expand the business. Local communities can provide support, tax incentives, access to resources, and access to customers. Government regulations and policies must be adhered to as well as any relevant laws and regulations. Finally, suppliers provide goods and services needed for production and operations. Without any one of these stakeholders, it would be difficult for an entrepreneur to achieve success.
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A juice company wants to market its product to health-conscious customers who want 100 percent juice that reflects what the label says. A juice company markets 100 percent blueberry-pomegranate juice, not from concentrate, on its label, but the ingredients say that at least 50 percent of the juice comes from apple and grape concentrates. Which of the American Marketing Association’s ethical precepts has the company violated?
responsibility
respect
transparency
honesty
Answers
The American Marketing Association’s ethical precepts have the company violated respect.
What is marketing?Marketing is the process of investigating, developing, and providing value in terms of products and services to fulfill the needs of a target market. Potentially includes the selection of a target audience; the selection of certain traits or themes to emphasize in advertising;
They have three main ethical norms or rules of conduct in marketing as part of their Code of Ethics. Do no harm, promote marketing system trust, and uphold the moral principles of accountability, fairness, respect, honesty, and citizenship are among them.
Therefore, The right answer is (B)
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1. The executive summary of a project report shall concentrate on a: Major project inputs and outputs: b. The degree of reliability of the data c. The margin of error in terms of uncertainty and risk The project design c/ All of the following
Answers
All the given options are part of the project management that happens in the company or a firm.
What is an executive summary of a project?An executive summary in the project the executives is a synopsis of the most basic data of your undertaking proposition. It's beginning and end that administration has to know when they land on your undertaking before they audit venture plan.
The management included "triangle" of extension, time, and cost has been illuminating undertakings starting from the primary colleague employed to achieve a task. In the essential arrangement of a triple limitation, one of three components can oblige an undertaking.
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Henrich is a single taxpayer. In 2022, his taxable income is $487,500. What are his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places. Required: All of his income is salary from his employer. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $54,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. Henrich has $198,750 of taxable income, which includes $51,500 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $217,500.
Answers
Based on the information, the NIIT will be 665 and Income tax will be 29175.50.
How to explain the informationMAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest. For many people, MAGI is identical or very close to adjusted gross income. MAGI doesn't include Supplemental Security Income (SSI).
Modified AGI = $520,000
Income Taxable at ordinary rates = $485,500
Income threshold for NIIT = $200,000
NIIT will be:
= 17500 × 3.8%
= 665
Income tax will be:
= 15213.5 + 147250 - 89075 × 24%
= 29175.50
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What are the source documents used in making entries in the following subsidiary books?
(i) Purchases Day Book
(ii) Sales Day Book
(iii) Returns Inward Book
(iv) Returns Outward Book
(v) Cash Book
(vi) Petty Cash Book EESTE
Answers
(i) Purchases Day Book. ✅
(ii) Sales Day Book. ✅
(iii) Returns Inward Book.
(iv) Returns Outward Book.
(v) Cash Book. ✅
(vi) Petty Cash Book EESTE.
➥ I hope I have helped you, greetings!Atte: ღTheGirlSadღState the appropriate subsidiary book to record the following transactions:
Purchase of goods from RamPurchase of furniture in cashDepreciation on plant and machinerySale of goods for cashBad debts from DollyAns.
Purchases BookCash BookJournal properCash bookJournal properThanks for the points :^
What is The way in which economic activities are managed in a country
Answers
The distribution of wealth, residents' access to resources, and general quality of life can all be significantly impacted by a nation's economic structure.
How economic activities are managed in a country
The way in which economic activities are managed in a country is known as its economic system. An economic system is a set of institutions and rules that govern how goods and services are produced, distributed, and consumed within a society.
There are different types of economic systems, each with its own way of managing economic activities. The most common types are:
Market economy: In a market economy, economic activities are managed through the interactions of buyers and sellers in the marketplace. Prices are determined by supply and demand, and businesses are motivated by profit.
Command economy: In a command economy, economic activities are managed by a central authority, usually the government. Prices and production quotas are set by the government, and businesses are owned and operated by the state.
Mixed economy: In a mixed economy, economic activities are managed by a combination of market forces and government intervention. The government regulates certain industries and provides public goods and services, while the private sector operates in a market-based system.
The type of economic system in a country can have a significant impact on the distribution of wealth, access to resources, and overall quality of life for its citizens.
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The value of data mining to the business is:
Answers
Answer:
Simple answer. Competitive advantage.
The value of data mining to a business is primarily the ability to find trends and patterns of knowledge from large amounts of data. Hence option C is correct.
By employing data mining techniques, businesses can extract valuable insights and actionable information from their vast datasets, enabling them to make informed decisions and gain a competitive edge.
Data mining algorithms can uncover hidden relationships, identify patterns, and detect anomalies within the data, providing valuable business intelligence. This process allows organizations to understand customer behavior, optimize marketing strategies, improve operational efficiency, and mitigate risks.
While data mining can also facilitate the retrieval of specific information for executive decision-making, its true power lies in its capacity to reveal meaningful patterns and trends that might otherwise remain undiscovered.
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Complete question is as follow:
The value of data mining to the business is:
O a. The ability to find the needle in the haystack.
O b. The ability to find a specific customer name and account number from large amounts of data.
O c. The ability to find trends and patterns of knowledge from large amounts of data.
d. The ability to find the location of information needed for executive decisions.
When you go to stores or restaurants such as Burger King, Starbucks, or McDonald’s, are you paying for the food, the experience, or both? Explain.
Answers
Answer:
Both
Explanation:
I pay for both because I like having a nice environment to enjoy my meal or drinks in. I like starbucks the most becasuse I can sit there with a coffee and a snack and enjoy the space around me. They are always pleasant there.
Identify the accounting concept relevant to each situation below:
1.] Mr. Queen is expected to operate for an indefinite period.
2.] A business uses the same depreciation method it has used for the past five years.
3.] The business recorded the purchase of its building at cost price even though the market value has increased.
4.] The owner withdrew goods, in the business records it was recorded in the drawing account.
5.] Record expenses incurred although payment was not yet made.
6.] When a business uses the same method of stock taking every year.
Answers
Answer:
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongst the youth.
Answers
Answer:
Timidity and lack of self initiative drive
Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answers
Answer:
I need points sorry plss forgive I really need it pls
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 26 percent for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 14 percent and the company just paid a $1.90 dividend. what is the current share price
Answers
Answer:
$46.20
Explanation:
Dividend in year 1 = 1.90 x 1.26 = 2.39
Dividend in year 2 = 1.90 x 1.26² = 3.02
Dividend in year 3 = 1.90 x 1.26³ = 3.80
Dividend in year 3 = (3.80 x 1.07) / (0.14 - 0.07) = 58.10
Calculate the present value of these dividends
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = 2.39
Cash flow in year 1 = 3.02
Cash flow in year 1 = 3.80 + 58.10
I = 14
PV = $46.20
To determine PV using a financial calculator take the following steps:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
(100 POINTS AND BEAINLYESt)
(Question 2 Only)
Answers
Answer:
D
Explanation:
Humans are always looking for things to help improve their daily lives, seeing advertisements showcase new items for them and get them to buy their stuff.
Answer:
ur jew for this
Explanation:
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Q.2(a) Old and New are in partnership, practising as Chartered Accountants under the name and style
Old new & Co.,sharing profits in the manner stated below. They close their accounts on 31st March.
The following was their Balance Sheet as on 31st March, 2019
Answers
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization.
Including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are mentioned.
The "snapshot of a company's financial condition" that is a balance sheet is a common description. It is a summary of all of an organization's financial statements. The balance sheet is the only one of the four fundamental financial statements that only pertains to one specific moment in time on a company's calendar.
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what is the process of a decline in interest rates impacts the use of capital and economic growth.
Answers
Answer:
Changes in interest rates can have both positive and negative effects on the markets. Central banks often change their target interest rates in response to economic activity: raising rates when the economy is overly strong, and lowering rates when the economy is sluggish. In economics, capital references non-financial assets used in the production of ... used up immediately in the process of production, unlike intermediate goods ... As a term, it is used to define balanced growth where the goal is to improve human capital ... The interest rate directly impacts economic choices.
Explanation:
Hope this helps!!
Advantages
OF quantitative approach of
Management
Answers
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
On March 1, of the current year Ysa Pasco established a business under the name Ysa Employment Agency. Transactions completed during the month were as follows:March 01 Opened a business bank account with a cash deposit of P500,000
March 02 Invested land and building worth P100,000 and P400, 000 respectively
March 5 Purchased equipment wort P12, 000 paying cash of P5,000 and the balance on account
March 07 Purchased supplies for cash, P2, 500
March 15 Commision collected 6,500
March 18 Paid creditor on account, P3, 000
March 20 Paid Property taxes, P5, 000
March 22 Withdrew cash from the business account for personal use, P3, 000
March 30 Commision not yet collected, P4, 500
March 31 Supplies inventory count showed unuse supplies of P2, 000. Cash paid for salary, P 4, 200 and utility 3, 500. Depreciation: Building, 4, 000 and equipment, P240.
Answers
Ysa Employment Agency invested a substantial sum of money when it first opened for business on properties like land, a building, and machinery. Despite receiving commission income in March.
When is it acceptable to recognise income either before or after receiving cash?The revenue recognition principle essentially says that firms should record revenues when the client is thought to have received the good or service rather than when the money is paid.
What is it called when money is received and recorded as a liability before money is earned?Money received by a person or company for a good or service that hasn't yet been provided or given is known as unearned income.
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Kate is the owner of a small boutique business downtown. After looking over her business expenses and profits, she realizes that she needs to make cuts to her fixed expenses. What could she do with her fixed expenses?
Answers
In order to reduce her fixed costs, Kate would find a less expensive web designer for the store's website.
What is fixed cost?Fixed cost is a type of cost that remains constant regardless of the level of output. It does not vary with the level of output.
An example of fixed cost is the fees of a web designer. The fee would not change with the sales of the small boutique.
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Kate would find a less expensive web designer for the store's website Kate would get bids for new business insurance providers.
Kate would look for cheaper merchandise for the store for higher profits.
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