Once the break-even point has been reached, net operating income will increase by the amount of the _____ for each additional unit sold.
unit contribution margin
unit selling price
variable expense per unit
fixed expense per unit
Answers
Once the break-even point has been reached, net operating income will increase by the amount of the unit contribution margin for each additional unit sold.
The break-even point is the point at which total revenue equals total costs and the Operating Income is equal to zero. The unit contribution margin is the difference between the unit selling price and the variable expense per unit, ignoring the fixed expense per unit. At this point, the company has no profit and no loss, so the earnings equal the costs, and the company is "breaking even."
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Related Questions
A loan of R40 000 is to be amortised by sixty regular equal monthly payments at an interest rate of 16,5% p.a. effective. The repayments start one month after the granting of the loan. If the annual effective rate increases by 1% p.a. immediately after the thirty-sixth payment, then the new equal monthly repayments (to the nearest cent) that will amortise the loan in the same time period are equal to R
Answers
The loan amount is R40,000 to be amortized over sixty equal monthly payments at an interest rate of 16.5% p.a. effective. The new equal monthly repayments, rounded to the nearest cent, are R794.89.
After the thirty-sixth payment, the annual effective interest rate increases by 1% p.a. We need to calculate the new equal monthly repayments that will amortize the loan in the same time period.
To calculate the new equal monthly repayments, we need to consider the loan amount, interest rate, and the change in interest rate after the thirty-sixth payment.
Let's break down the calculation:
Loan amount: R40,000
Interest rate: 16.5% p.a. effective
Using the formula for calculating equal monthly repayments, we can determine the original monthly repayment amount. The formula is:
Monthly repayment = (Loan amount * Interest rate) / (1 - (1 + Interest rate)^(-number of payments))
Using the given values, we have:
Monthly repayment = (R40,000 * 16.5%) / (1 - (1 + 16.5%)^(-60))
Solving this equation gives us the original equal monthly repayment amount, which is approximately R1,105.83.
After the thirty-sixth payment, the interest rate increases by 1%. So we need to recalculate the monthly repayments using the new interest rate. The new interest rate is 16.5% + 1% = 17.5% p.a. effective.
Using the same formula as before but with the new interest rate, we can calculate the new equal monthly repayment amount:
Monthly repayment = (R40,000 * 17.5%) / (1 - (1 + 17.5%)^(-60))
The result is approximately R794.89 when rounded to the nearest cent.
Therefore, the new equal monthly repayments, rounded to the nearest cent, that will amortize the loan in the same time period are R794.89.
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With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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ACTIVITY 1
Multiple Choice: Choose the letter of the correct answer
1 It is all about discovering and satisfying your customers' needs and want while earning
a profit
A Marketing
B. Product C Promotion D Needs
2. These are the bundles of attributes and benefits designed to be offered to buyers to
satisfy their needs, wants, and demands
A Promotion B Products C Customer D Market
3 Making sure that they are specific and quantifiable so you can measure your progress
toward achieving them, belong to what step of marketing?
A Marketing objective B Identifying demographics C Defining place
4. What steps of marketing plan where you're referring to the entire set of activities that
inform people about your product/service?
A Marketing objective
B Choose your promotion strategy
C Develop a pricing strategy
5 Defined as the difference between what the customer gains from the product and what
the customers losses from the costs acquiring such a product
A Market
B Customer Value C Promotion
Answers
Answer:
A. Marketing.B. Products.A. Marketing objectiveB. Choose your promotion strategyB. Customer Value.Explanation:
Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.
Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.
The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.
The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.
Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.
In a weighted competitive strength assessment like that shown in Table 4.3, the measures selected as indicators of competitive strength should be based on
Answers
In a weighted competitive strength assessment, the measures selected as indicators of competitive strength should be based on a variety of factors. Firstly, the measures should align with the organization's overall strategy and objectives.
The indicators should be selected in such a way that they reflect the key success factors that are essential to achieving the organization's goals.Secondly, the indicators selected should be relevant to the industry in which the organization operates. The measures should reflect the industry's key drivers of success and be comparable to the measures used by other organizations in the same industry. This ensures that the organization can benchmark its performance against its competitors.Thirdly, the indicators selected should be quantifiable and measurable. This means that the organization should be able to collect data on the measures and track its performance over time. The measures should also be verifiable, meaning that they should be reliable and valid, and that the data collected should be accurate. Fourthly, the measures selected should be able to differentiate the organization from its competitors. This means that the indicators should reflect the unique capabilities and resources that the organization possesses, which are difficult for competitors to replicate. The measures should also be sensitive to changes in the organization's competitive environment, such as new entrants, technological advancements, or changes in customer preferences.
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one company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix
Answers
One company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix Width .
What is firm's product mix width ?
Product mix, also known as product assortment, refers to the total number of product lines offered to clients by a company. A company's product mix has four dimensions: width, length, depth, and consistency.
The number of product lines sold by a corporation determines the width, or breadth, of its product mix. For example, if you run EZ Tool Company and only sell hammers and wrenches, your product mix width is two.
Small and new enterprises typically do not have a diverse product offering. It is more realistic to begin with some basic products and gradually increase market share.
Later on, the company's technology may allow it to diversify into other industries and broaden its product mix.
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Word count -
Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to return products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user
Answers
Answer: B) Open to Trial
Explanation:
which of the following is a disadvantage of being a first-mover in the market? a. large outlays associated with creating a new product b. inability to accurately predict performance standards c. the chances that products will be protected by patents d. high switching costs consumers may experience e. costs of marketing plan implementation
Answers
The one that is a disadvantage of being a first-mover in the market is option A. large outlays associated with creating a new product
Who is a first-mover in the market?A first-mover in the market is a company that is the first to introduce a new product, service, or technology to the market. They often have the advantage of being the first to establish a customer base, create brand recognition, and gain market share.
Therefore, the correct answer is as given above. It could be concluded that a disadvantage of being a first-mover in the market is large outlays associated with creating a new product
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What do prices help buyers and sellers make?
a. products
b. models
C. targets
d. decisions
Answers
products the monetary value of a good as determined by supply and demand. occurs when supply outweighs demand; pricing must be reduced to entice customers.
option ( A) is correct
Prices aid buyers and sellers in what way?Prices provide vendors and purchasers incentives and communicate messages. Market prices alter in response to changes in supply or demand, which impacts incentives. Higher pricing for a good or service encourage both producers to make or sell more of it while also encouraging consumers to buy less of it.
What is the agreed-upon pricing between buyers and sellers?Price in equilibrium. An equilibrium price, also known as a market clearing price, is the agreed upon price when a product transaction takes place. According to the diagram in Image 1, this price occurs where supply and demand converge. Buyers and sellers are both eager to swap quantity Q for price P in Image 1.
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The paragraph below comes from the rental agreement Susan signed when she opened her account at Super Video. "All rentals are due back by midnight of the due date as printed on the transaction receipt. Any rental not received by midnight on the day it is due is subject to a late charge of $1. 50 for each day it is late. Any rental not returned by the fifth day after the due date will be transferred to a sale. The Customer will then be required to pay the purchase price of the item in addition to five (5) days of late fees. The Customer will not be required to return the product once the total balance is paid. " Both of Susan’s movies are three days late. According to her receipt, the purchase price of one of her movies is $12. 00 while the purchase price for the other movie is $15. 0. If she turns both of them in today, how much will Susan owe Super Video? a. $4. 50 b. $9. 00 c. $27. 00 d. $38. 0.
Answers
The amount that Susan owed to Super Video is $9.00. This is the total of late charges on both the movies for 3 days.
What is a rental agreement?Rental agreement refers to an agreement between the owner of a property and the tenant which specifies the terms and conditions regarding the use of property rented.
The agreement is assumed to be agreed upon by both parties when both of them sign the agreement.
The agreement between Susan and Super Video stipulates certain conditions that are, the rentals are due by midnight of the day it was due and shall be subject to a late charge of $1.50 per day after that.
Also, if the rental is not returned by the fifth day, the customer will need to pay the late charge for 5 days along with the purchase price of the item.
Susan's movies are three days late, the amount she owes to Super Video will be the amount of late charge on both the movies for three days. The amount Susan owes is:
\(\rm (1.50 \times 3) + (1.50 \times 3) = \$9.00\)
Therefore, the correct option is B.
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The amount that Susan owed to Super Video would be $9.00. This will be the total late charges on all the videos.
What is the rental agreement?It is a written contract of rent, between the owner of a property and a tenant who wants to take possession of the property for a specified time, the contract would be complete when both the parties sign the contract.
In the above situation, Susan and Super Video's agreement specifies certain conditions that are, the rentals are due by midnight of the day it was due and shall be subject to a late charge of $1.50/- day after that,
and If on a 5th-day rental is not completed, the customer will be liable to pay the late charge for 5 days along with the purchase price of the item. The movies of Susan are late for three days, the amount she owes to Super Video will be the amount of late charge on both the movies for three days.
The total amount, that would be owed by Susan:
\((1.50\times3) + (1.50\times3) = \$9.00\)
Therefore, B is the correct option.
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At what rate must $287.50 be compounded annually for it to grow to $650.01 in 14 years? A) 6 percent. B) 5 percent. C) 7 percent. D) 8 percent.
Answers
The interest rate must be 5% compounded annually for $287.50 to grow to $650.01 in 14 years. The correct answer is option (B)
To find the rate at which $287.50 must be compounded annually to grow to $650.01 in 14 years, we can use the formula for compound interest:
A = P(1 + r/n)\(^{(nt)}\)
where A is the ending amount, P is the principal (starting amount), r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
Plugging in the given values, we have:
$650.01 = $287.50(1 + r/n)\(^{(n*14)}\)
Dividing both sides by $287.50, we get:
2.26 = (1 + r/n)\(^{(n*14)}\)
Taking the natural logarithm of both sides, we have:
ln(2.26) = 14 ln(1 + r/n)
Dividing both sides by 14, we get:
ln(2.26)/14 = ln(1 + r/n)
Using the fact that ln(1 + x) is approximately equal to x for small values of x, we can approximate the right-hand side as:
r/n = ln(2.26)/14
Solving for r, we have:
r = n * ln(2.26)/14
Now we can try each answer choice and see which one gives a value close to this approximation:
A) If the rate is 6%, then r/n = 0.06/1 = 0.06
B) If the rate is 5%, then r/n = 0.05/1 = 0.05
C) If the rate is 7%, then r/n = 0.07/1 = 0.07
D) If the rate is 8%, then r/n = 0.08/1 = 0.08
Calculating each approximation, we have:
A) r = 1.059% (too low)
B) r = 0.839% (closest)
C) r = 1.181% (too high)
D) r = 1.343% (too high)
Therefore, the answer is option B) 5 percent.
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A year ago, an investor bought 200 shares of a mutual fund at $7.00 per share. The price today is $8.20 per share. Over the past year, the fund has paid dividends of $1.00 per share and had a capital gains distribution of $0.75 per share. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.60 per share. Select one: O a. 144.1% O b. 69.4% O c. 244 1% d. 12.2% O e. 44.1%
Answers
The holding period return is 69.4%.
The initial cost of the investment was 200 shares x $7.00 per share = $1,400. The current value of the investment is 200 shares x $8.20 per share = $1,640. The total amount of dividends and capital gains distributions received was 200 shares x ($1.00 + $0.75) per share = $350.
This amount was reinvested at an average price of $7.60 per share, which purchased an additional 46.05 shares ($350 ÷ $7.60 per share = 46.05). The total number of shares held at the end of the holding period is 246.05 shares (200 + 46.05).
The total cost of the investment at the end of the holding period is $1,400 + $350 = $1,750. The holding period return is ($1,640 + $350 - $1,750) ÷ $1,750 = 69.4%.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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salesperson: bob, we would like to do business with you. how about giving us a chance to show what we can do for you? let's get your first order written up. this is an example of what type of close?
Answers
Answer: This is an example of an Assumptive Close.
What is an Assumptive Close? Assumptive close (also referred to as presumptive close) is a closing technique that uses questions to imply that your customer is going to make a purchase. Meaning thereby, instead of asking "If they would like to buy" you instead ask "how would they like to buy". In this closing technique, the salesperson assumes that the customer is ready to make a purchase and moves forward with finalizing the sale by suggesting to write up the first order.
It is an effective sales closing technique because it can help you sign contract more quickly, unlike other closing techniques. It can also be used in combination with other closing techniques.
What are closing techniques? It is a method to encourage prospective clients to convert into customers. It involves process of closing the deals successfully.
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What advantage does the American Beverage Association or the American Fuel and Petrochemical Manufacturers have over other types of interest groups
Answers
The advantage that these Interest group have over other types of interest groups is that they are more profit oriented.
Interest group can be defined as Individuals or groups who are organized to influence the government's programs and policies.
Interest group can either be a Political Group, Economic Group or Corporate Group.
American Beverage Association, American Fuel and Petrochemical Manufacturers are example of Economic Group and Corporate Group.
In conclusion, the advantage that these Interest group have over other types of interest groups is that they are more profit oriented.
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An investment project for the Tribble Manufacturing Co. costs $3,000 now and will return $2,000 at the end of each of the next two years. If the annual interest rate is 10%:
- Tribble Manufacturing Co. cannot make a decision on the project without knowing the inflation rate.
- the net present value is $971.
- Tribble Manufacturing Co. should not invest in the project.
- Tribble Manufacturing Co. should invest in the project.
Answers
Based on the given information, Tribble Manufacturing Co. should not invest in the project. The net present value is negative.
To determine whether an investment project is worthwhile, the net present value (NPV) must be calculated. In this case, the initial cost of $3,000 and the two annual returns of $2,000 are discounted by the annual interest rate of 10%. When the NPV is calculated, it is found to be $971, which is negative. This means that the project is not worth investing in. Additionally, the inflation rate was not mentioned, so it cannot be factored into the decision-making process. Therefore, Tribble Manufacturing Co. should not invest in the project.
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Paying rent is a , while buying a new video game is a. If you buy a new video game, you cannot pay your cell phone bill. This is an example of.
Answers
Answer:
See below.
Explanation:
Paying rent is a need while buying a new video game is a want. This is an example of opportunity cost.
Answer:
NEED, WANT, REALIZING OPPORTUNITY COST
Explanation:
JUST DID IT
_____ are the costs associated with the operating and marketing expenses of a company. _____ are the per-unit costs associated with the product.
Answers
Fixed costs are the costs associated with the operating and marketing expenses of a company. Variable cost are the per-unit costs associated with the product.
What are operating expenses?An operating expense is an expense a company takes through its usual company operations. Usually known as OPEX, operating expenses involves rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and financial resources set aside for research and development.
Therefore, the correct answers are as given above. It can then be concluded that costs that relate with operation or market expenses of a company is fixed cost. And the variable cost is a cost per product.
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How do you write a business pitch???
Answers
Answer:
A business pitch is a presentation by one or more people to an investor or group of investors.
Explanation:
have a nice day! hope this helps!
The best business pitch gets to the heart of the matter quickly in order to keep investors from losing interest or worse yet, thinking there's no point to the presentation. Get to the meat of the pitch as soon as possible; if investors don't understand the idea right away, they'll think customers won’t understand it either.
You may want to consider starting with an elevator pitch, so named because it should be short enough to deliver during a brief elevator ride. It can introduce your business pitch and is handy if you stumble across a brief opportunity to sell your idea to a potential investor (for instance, if you find yourself riding to the tenth floor with the likes of Bill Gates). An elevator pitch is a concise and carefully planned description of your company or idea that can be quickly and easily understood. In a longer business pitch, the elevator pitch can be used as the hook: a line or two in your business writing that captures the attention of potential investors.
Once you've started off your business pitch with a brief overview of your business idea, it’s time to flesh out the details. You want to get across the reasons investors should to buy in; for example, what benefits will investors receive if they provide the necessary capital? Your business pitch might include the following:
It is important to do your research. You must know your product, audience, and competitors well and should be prepared to answer any questions potential investors may have. It is important to ensure you are pitching your idea to the right people. Research potential investors and ensure your pitch idea is well-matched to their interests.
While your overall idea is the most important part of your business pitch, make sure to polish the details: be sure your numbers are correct and have evidence to validate any claims you make. Use powerful, convincing words and avoid using superlatives or hyperbole; and, of course, edit your pitch to ensure you have used proper grammar, spelling, and punctuation! You want potential investors to judge your business pitch based on merit rather than surface errors..l
while virtually all time series exhibit a_____, not all time series exhibit other components.
Answers
While virtually all time series exhibit a random component, not all time series exhibit other components.
There are several components that go into making a successful series. The first is obviously the plot, which needs to be engaging and keep viewers coming back for more.
But there are also other important elements, such as strong characters that viewers can invest in, and a consistent visual style that helps to create a cohesive world for the series to take place in. When all of these elements come together, they can create a series that is truly captivating and addictive.
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what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?
Answers
In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:
To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:
Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan VersaIn 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:
1. To highlight multiple items on the menu screen.
2. To use some primary screens in accessing available secondary screens.
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Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
Answers
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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2+5=32
4 how is he 5 at the same time
Answers
Answer:
7 = 32
Explanation:
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Which of the following is the difference between emotional and rational buying motives?
the rational buying motives of a prospect are easy to discover, while emotional buying motives are not
An organized sales dialogue to reach them
They are frequently used in competitive bidding situations
Answers
Emotional buying motives are challenging to discover, whereas rational buying motives can be identified through organized sales dialogues. Both emotional and rational motives are applicable in competitive bidding scenarios.
Emotional buying motives are driven by the customer's feelings, desires, and personal preferences, making them more subjective and challenging to uncover. These motives can include factors such as status, identity, social influence, or personal satisfaction.
On the other hand, rational buying motives are based on logical reasoning and objective factors like price, quality, features, or functionality. These motives can be more readily identified through a structured sales dialogue that focuses on understanding the customer's needs, conducting needs assessments, and presenting logical arguments.
It is worth noting that both emotional and rational buying motives can play a role in competitive bidding situations. While rational factors like price and quality may be emphasized, emotional elements such as brand loyalty or trust can also influence the final purchasing decision.
Effective sales strategies consider both types of motives and adapt the approach to address the specific needs and motivations of the customer.
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HELP PLEASE
Q1 How would you describe Snap-On Tools' competitive strategy? Does it fit a price or non price model? Explain (4)
q2 How are the free enterprise " freedoms" of ownership and profit depicted in this scenario on Snap- On Tools? (4)
Q3 Is there any risk for the franshised dealers who purchase the truck, tools and equipment from Snap- On? ( 2)
Answers
Answer:
Q1. Non price model
Q2. How free enterprise "freedom" of ownership and profit are demonstrated includes
1) Snap-on tools ability to make and sell their tools for profit
2) Snap-on tools ability to sell out of mobile trucks, rather than store
3) Snap-On tool is able to offer credit financing to the its customers
Q3 The risks are,
a) Damage to reputation
b) Joint liability
c) Compliance to commercial regulations
Explanation:
A non-price competition is a form of marketing strategy, whereby a company or establishment puts in place distinguishing factors in its goods and or services, in order to distinguish them from competing goods or services.
Loan Comparison
Loan 1
Loan 2
$5000. 00
$5000. 00
4%
4%
Principal
interest
Rate
Monthly
Payment
$148. 00
$113. 00
Duration
36 months
48 months
A. $328. 00
C. $592. 00
How much money will a borrower using Loan 2 pay in interest over the life of the loan?
Answers
The borrower using Loan 2 will pay $424 in interest over the life of the loan.
Define the term "borrower." someone who accepts something with the intent to return it or something similar. Lender and loaner are synonyms. someone who extends credit or makes loans in commercial situations. Freeloader, etc. This is the person or business who extends a credit line for a certain amount to a potential borrower, also known as an application. The borrower is obligated to return the loan amount plus any applicable interest within the specified time period.
Using Loan 2, the borrower will pay a monthly payment of $113 for 48 months, which results in a total payment of $113 x 48 = $5,424.
The total interest paid on the loan can be calculated by subtracting the principal from the total payment: $5,424 - $5,000 = $424.
Therefore, the borrower using Loan 2 will pay $424 in interest over the life of the loan.
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whats a business name (Cant be a business already)
Answers
Answer:
imagination ink.
Explanation:
we produce imaginations, your in need of one
gavin has worked for the same pest solutions company for three years and has yet to really network and meet other individuals outside his company that work in the same field. to improve his communication skills and network with other professionals, gavin should ask to participate in which of the following development activities?
Answers
Gavin should request to join in planning efforts for regional conferences.
What is development activities?Developmental techniques are ways to increase one's knowledge, abilities, or skills. They pertain to specific acts, interactions, responsibilities, or plans for staff. Talent management, onboarding, negotiating skills, team building, public speaking, visual thinking, leadership development, and diversity and inclusion seminars are just a few examples of effective professional development activities and ideas for your staff. Reading, creative play, indoor and outdoor play, turn-taking games, and cooking are all developmentally beneficial activities. If you're worried about how your kid is developing or if you need support, talk to your doctor or the child and family health nurse. Activities that increase a person's capabilities and potential, create human capital, make it easier for them to find work, improve their quality of life, and help them achieve their goals make up personal development, also known as self improvement.To learn more about development activities, refer to:
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Opportunity cost is best described by which of the following statements?
Choose 1 answer:
Choose 1 answer:
(Choice A)
The value of the next best option given up when making a decision
(Choice B)
The tradeoffs faced when choosing how to use a scarce resource
(Choice C)
The price to a consumer of a good or service
(Choice D)
The cost a buyer sees for something they want
(Choice E, Checked)
The monetary cost of any economic transaction
Answers
Answer:
The value of the next best option given up when making a decision.
Explanation: In Opportunity cost means what we give up to get it.
The worth of the next best choice foregone during decision-making. As a result, choice (A) is the right reaction.
What is opportunity cost?The value or gain that is given up in return for engaging in a certain activity as opposed to engaging in a different activity is known as the opportunity cost in microeconomic theory.
To put it another way, it means that by deciding on one path of action (like making an investment), you are giving up the opportunity to choose an other course of action. The best activity is regarded as the one that produces the maximum return among all others, after deducting opportunity costs.
The objective of opportunity cost, which illustrates the relationship between scarcity and choice, is to ensure efficient use of scarce resources. It accounts for all direct and indirect costs associated with decisions.
Hence, option (A) is accurate.
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During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answers
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
one year ago, mabel bought a coupon bond at a yield-to-maturity of 5%. unfortuantely, the company who issued the bond just went bankrupt. what type of risk did mabel suffer from?
Answers
Mabel suffered from credit risk.
What is Credit risk?
Credit risk is the risk that an investor will face a loss due to a borrower's or bond issuer's failure to repay its loan. Credit risk occurs whenever an investor extends credit to a borrower.
The company's bankruptcy puts Mabel's coupon bond at risk since they won't be able to pay her back the loan.
Credit risk can be addressed by thorough due diligence and credit analysis before investing in bonds or loaning money to others. This will minimize the chance of a borrower failing to repay a loan.
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