Answer:
$4,320
Explanation:
Covert 8% to a decimal, in this case is 0.08. Then multiply all three values together.
9000 * 0.08 * 6 = 4320
Required solution :
Here we have been provided with the principal, rate of interest and the time period for which the loan was taken.
Principal = $9000Rate = 8% Time = 6 yearsNow, we know that simple Interest is calculated by the formula :
[tex]\boxed{\sf{S.I. \: = \: \frac{P \times R \times T }{100} }} \: \red\bigstar[/tex]Here in this formula,
S.I. is simple Interest R is rate of interest T is Time P is PrincipalPutting all the values in the formula,
[tex]: \: \implies \: \sf{S.I. \: = \: \dfrac{9000 \times 8 \times 6 }{100} }[/tex]
[tex]: \: \implies \: \sf{S.I. \: = \: \dfrac{900 \times 8 \times 6 }{10} }[/tex]
[tex]: \: \implies \: \sf{S.I. \: = \: \dfrac{90 \times 8 \times 6 }{1} }[/tex]
[tex]: \: \implies \: \sf{S.I. \: = \: 90 \: \times \: 8 \: \times 6 } [/tex]
[tex]: \: \implies \: \sf{S.I. \: = \: 90 \: \times \: 48 } [/tex]
[tex]: \: \implies \: \underline{\underline \red{\sf{S.I. \: = \: 4320}}}[/tex]
[tex]\underline{ \bf{Henceforth, \: simple \: interest \: on \: that \: loan \: is \: 4320 \: dollars}}[/tex]
According to the Coase theorem, private parties can solve the problem of externalities if a. the cost of bargaining is small. b. the initial distribution of legal rights favors the person being adversely affected by the externality. c. the number of parties involved is sufficiently large. d. All of the above are correct.
Answer:
the cost of bargaining is small.
Explanation:
A good has externality if other economic agents that are not involved in either production or consumption are affected by economic activities
types of externalities
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
How much do alcohol related crashes cost Florida every year
like $44 millon
hopes it help
XYZ Co. purchased merchandise on June 10 at a $5,000 invoice price with terms of 2/10, n/30 and paid for the merchandise on June 25. Illustrate the required entries to record and pay for this purchase under both the gross method and the net method by matching the action on the left with the method on the right. (Assume a perpetual inventory system is used.)
Answer:
Credit Cash for $5,000 on June 25.: Both methods
Credit Cash for $4,900 on June 25.: Neither method
Debit Discounts lost for $100 on June 25.: Net method
Debit Merchandise inventory for $5,000 for June 10.:Gross method
Explanation:
Based on the information given the required entries to record and pay for this purchase under both the GROSS METHOD and the NET METHOD by matching the action on the left with the method on the right will be :
Credit Cash for $5,000 on June 25.: BOTH METHODS
Credit Cash for $4,900 on June 25.: NEITHER METHOD
(100%-2%*$5,000)
Debit Discounts lost for $100 on June 25.: NET METHOD
(2%*$5,000)
Debit Merchandise inventory for $5,000 for June 10.:GROSS METHOD
Task 1: An advertising technique that uses a new kind of technology to communicate its
message
Type your reponse here:
Task 2:
An advertising technique that is most effective at the point of sale (i.e. at the moment the
customer purchases the product)
Type your reponse here:
Task 3:
A real-world case study of a company that was legally penalized for making false advertising
claims
Type your reponse here:
Answer:
Task 1: Contextual Advertising
Task 2: Point of Sale Promotional Advertising technique
Task 3: Airborne Herbal supplement that claimed to have the keep germs and bacteria to prevent common cold and flu
Explanation:
Task 1
Contextual advertising is a form of advertising that uses automated systems that references the identity and he content of the opened page to select and serve adverts on mobile platforms, websites and browsers, including on newly developed social media applications
AdSense is an example of contextual advertising
Task 2
Promotional marketing and advertisement are desirous to customers interested in buying more for less and includes 'deals', 'favorite items', and 'new arrivals'
Task 3
False advertising includes the making of insufficiently verified claims about products that can lead to being legally penalized
The effectiveness of Airborne to keep germs off germs away was being questioned by the Center for Science in Public Interest, due to the non existence of standard scientific studies to support the claim
During team meetings Amber Downing always notices that Rhoma Law tends to ask innumerable questions and suggest ideas at each discussion. However, Law stands out in the meetings only because she is the only one making suggestions. If both of them were part of team meetings where almost all member made w o rd asked questions, Law would not have drawn as much attention from Downing. Which of the following factors has most likely influenced Downing's perception of Law
A) expectation
B) interest
С) pault experience
D) context Emotive
Answer: context
Explanation:
The factor that has most likely influenced Downing's perception of Law is context.
Context refers to the situation for the occurence of a event. It's vital to look at the circumstances that were present at the time of the behavior of a person when attempting to understand the person's behavior.
Assuming both of them were part of team meetings where almost all member gave their own suggestions, then Law would not have drawn as much attention from Downing.
Organizations can use common core security principles recommended as industry best practices when developing policies, standards, baselines, procedures, and guidelines. Which principle states that policy and standards library documents should be written to consider everyone affected, including technical, administrative, organizational, operational, commercial, educational, and legal personnel
Answer:
Multidisciplinary principle
Explanation:
In simple words, multidisciplinary approach refers to the framework for business management under which the administration makes rules and procedures to operate in such a way that every individual at stake will be equally impacted from them.
This is a modern technique for management and avoids every kind of bias like gender, race etc.
Three sisters are interested in forming a business together. They have three initial concerns: How to maximize their benefits from the fact that the business is not expected to earn money for at least the first 2 years Making sure that the business will be able to continue in the event one or two of the sisters dies Minimizing their personal liability for the obligations of the business On the basis of the sister's concerns, which form of business is appropriate for the situation
Answer:
Limited liability company
Explanation:
A limited liability company is one that the owners are not personally liable for the business. Rather the company is a legal entity on its own and can be sued legally as a sepearte entity from its owners.
It combines features of a corporation and a partnership or sole proprietorship.
This will be the best type of business given that the business will not be expected to earn for the first two years. The sisters will not be personally liable for any debt incurred.
Also the business will continue even if only one of the sisters remains.
So an LLC is the best option for them.
A restaurant has an average check of $15, with an average variable cost of $6. Fixed costs are $150000. What is breakeven sale revenue?
Answer:
Break-even point (dollars)= $250,000
Explanation:
Giving the following information:
Selling price= $15
Unitary variable cost= $6
Fixed cost= $150,000
To calculate the break-even point in sales dollars, we need to use the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Contribution margin ratio= unitary CM / Selling price
Contribution margin ratio= (15 - 6) / 15
Contribution margin ratio= 0.6
Break-even point (dollars)= 150,000 / 0.6
Break-even point (dollars)= $250,000
Advertisers in our economy target society's _____ to make people believe they can't live without a product.
It's it ethical and socially responsible for large corporations to lobby against SEC rule requiring that they report the ratio of their CEO's pay to that of their average employee
Answer:
"No" is the correct response. A further explanation is provided below.
Explanation:
Along with comparison to the average individual or working people although the CEO seems to be the top-level title than the worker or contractor. Consequently, the compensation of such a CEO's job is not compared with the compensation of that same typical individual employee business throughout the firm.This behavior would be not only ethically reprehensible but economically accountable for such SEC regulation lobbying. SEC guidelines don’t mandate their CEO's proportion towards the average worker to be reported.Thus, the above is the correct response.
Plzzz help me with this one
Answer:
what the question.....
Dobris Networks Inc. provides network traffic awareness, analysis, and control solutions for broadband service providers in USA. The company plans to expand its business in Austria. The directors of the company want a group of top level managers to take a call on the expansion strategy by studying the situation on hand. The task assigned to the group is an example of _____ tasks.
Answer:
D. intellective
Explanation:
The Intellective task is the task that includes the group capability for making the decision or the judgement
Since in the given situation it is mentioned that the company directors wants the group of the top level manager where the expansion strategy should be called via having the situation on the hand so here the task allocated to the group represent the example of the intellective task
Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, identify form of ownership for this statement
Answer: Nonprofit Corporation
Explanation:
A Nonprofit corporation is one where the organization works to promote the good of the public in general either through charity, education, science, health and the like. These organizations provide their services at no cost and therefore rely on donations from benefactors to keep them going.
Inkamva Lethu is a Nonprofit corporation as it works for the public good by counseling drug addicts and raising awareness of substance abuse. They do this at no cost as well so they are a nonprofit corporation.
The economic order quantity (EOQ) of Dennis Co.’s only product is 100 units per month. When developing the budget for the next year, the CFO estimated that the annual demand for the product will increase by 3,000 units, but the cost per order and the carrying cost per inventory unit will remain unchanged at $30 and $15, respectively. What is the estimated annual demand for the next year?
Answer:
5,500 units
Explanation:
Use the economic order quantity (EOQ) formula to calculate the estimated annual demand
EOQ = [tex]\sqrt{\frac{2DS}{H} }[/tex]
Where
EOQ = 100 units
S = Oerdering cost = $30
H = Carrying cost per unit = $15
D = Annua Demand = ?
Placing values in the formula
100 units = [tex]\sqrt{\frac{2D (30) }{15} }[/tex]
Taking Square on both sides
[tex]100^{2}[/tex] = [tex](\sqrt{\frac{2D (30) }{15} })^{2}[/tex]
10,000 = [tex]\frac{2D (30) }{15} }[/tex]
10,000 = [tex]\frac{60D }{15} }[/tex]
10,000 = 4D
D = 10,000 / 4
D = 2,500 units
Now calculate the estimated annual demand
Estimated annual demand = Annual Demand + Expected Increase in next month = 2,500 units + 3,000 units = 5,500 units
If you were the leader of a special-purpose team developing a new computer game and conflicts arose related to power and status differences among team members, what would you do? How might you use the various conflict-resolution techniques
Bạn phải gửi 1 số tiền vào NH là bao nhiêu nếu sau 7 năm nữa bạn sẽ nhận được 50000$ (cho biết lãi suất NH là 10%/1năm).
Answer:
Hiệu trưởng, P = $71428.57
Explanation:
Cho các dữ liệu sau đây;
Thời gian = 7
năm Lãi suất = 10%
Lãi suất đơn giản = $50,000
đô la Để tìm số tiền gốc;
Về mặt toán học, lãi đơn giản được tính bằng công thức này;
[tex] S.I = \frac {PRT}{100} [/tex]
Ở đâu;
S.I là lãi suất đơn giản. P là hiệu trưởng. R là lãi suất. T là thời gian.Thay vào công thức, ta có;
[tex] 50000 = \frac {P*10*7}{100} [/tex]
[tex] 50000 = \frac {70P}{100} [/tex]
Cross-multiplying, we have;
[tex] 50000 * 100 = 70P [/tex]
[tex] 5000000 = 70P [/tex]
[tex] P = \frac {5000000}{70} [/tex]
Hiệu trưởng, P = $71428.57
distinguish between supermarket and hypermarket (five points each)
Answer:
A Supermarket is a large store, but a Hypermarket is much bigger than a Supermarket. Hypermarkets store a higher number of FMCG products than a Supermarket.
The target cost is __________. ANSWER Unselected reevaluating activities to reduce costs while satisfying customer needs Unselected the amount a customer is willing to pay for a good or service Unselected the maximum cost to develop, produce, and deliver the product or service and earn the desired profit Unselected the minimum cost to develop, produce, and deliver a good or service Unselected I DON'T KNOW YET
Answer:
the maximum cost to develop, produce, and deliver the product or service and earn the desired profit
Explanation:
Target Cost is Selling Price – Profit Margin
Target Cost = Selling Price – Profit Margin
Features of target cost
1. The price at which the good and service is sold is determined by market conditions
2. Cost reduction is the difference between current cost and target cost
Advantages if target cost
1. It ensures that a product being created is profitable
2. Due to the fact that the product is developed in line with consumers wants, it increases the sales of the product
Disadvantage of target costing
1. If cost estimate is wrong, it can lead to failure of the venture
The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:
A) increased use of the cost leadership strategy.
B) increased diversity within the organization.
C) increased empowerment of employees.
D) increased productivity by using technologically-intensive manufacturing technologies.
E) increased flat organization structure.
Answer: D. Increased productivity by using technologically-intensive manufacturing technologies.
Explanation:
Technology has made work easier in many industies. Artificial intelligence has made things much easier, involving lots of robots and reducing human efforts, which tends to make things faster and smarter. People who work in industies of industrialized countries can compete with those of developed world by technology, because both party make use of technology, so the input and output from their industry would be same based on the facilities they use.
MycroFiber is a producer of microfiber material for the auto detailing industry. Jamal, the owner of MycroFiber is highly skilled in the technical and manufacturing areas, but does not understand pricing. Jamal knows he wants to cover the cost of production when selling his material and needs revenue to cover his overhead costs and to make a profit. To be sure he meets these goals, Jamal decides to take a cost-based pricing approach. If MycroFiber's cost of production is $4 a square yard, Jamal and Jamal prices his material at $10 a square yard, what is MycroFiber's margin percentage?
a. 40%.
b. 150%.
c. 60%.
d. 250%.
Answer:
40%
Explanation:
The MycroFiber's cost of production is $4 a square yard.
The Price of the material is $10 a square yard
The margin percentage is calculated as shown below:
Profit Margin = Profit/Revenue
Profit Margin = ($4/$10)* 100%
Profit Margin 40%
MycroFiber's margin percentage is 40%
The correct option will be "a. 40%."
Andrew is buying a dirt bike for $900. He will make $100 payments each
month until the bike is paid in full. This is an example of what type of loan?
A. Revolving credit
B. Installment credit
C. Single-payment loan
D. None of the above
Answer:
B Installment credit
Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
Beginning cash balance on June 1, $95,000.
Cash receipts from sales, $418,000.
Budgeted cash disbursements for purchases, $273,000.
Budgeted cash disbursements for salaries, $96,000.
Other budgeted cash expenses, $58,000.
Cash repayment of bank loan, $33,000.
Budgeted depreciation expense, $35,000.
A. $111,000.
B. $86,000.
C. $76,000.
D. $53,000.
Answer:
D. $53,000.
Explanation:
The computation of the ending cash balance is shown below:
Beginning cash balance $95,000
Add: Receipts
Cash sales $418,000
Total cash receipts (a) $513,000
Deduct: Payments:
Cash payment for purchases -$273,000
Cash payment for salaries -$96,000
Other cash expenses -$58,000
Repayment of bank loan -$33,000
Total cash payments (b) $460,000
Net receipts /( payments) (a) - (b) $53,000
In a perfectly competitive market: Group of answer choices every seller tries to distinguish itself by offering a better product than its rivals every seller tries to undercut the prices charged by its rivals every sellet takes the price of its product as set by market conditions one seller has successfully outcompeted its rivals so no other sellers remain
Answer:
Every seller takes the price of its product as set by market conditions.
Explanation:
The correct answer is "every seller takes the price of its product as set by market conditions".
In a perfectly competitive market, the price is determined by the market condition such as demand and supply. Thus, the price will be set at the level where the demand and supply curve intersects. So at this point, the price determined is called the equilibrium price.
write any five higher level profession
Answer:
Computer programming(NASA)
Physician
Statistics
Data scientist
Physiology
If the Purchasing Power Parity (PPP) holds, even in the short run, then: Group of answer choices Quoted exchange rates should decrease over time Quoted exchange rates should remain constant over time Real exchange rates should decrease over time Real exchange rates should remain constant over time Real exchange rates should increase over time
Answer:
Real exchange rates should remain constant over time.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. Also, the price of goods and services are primarily being set by the seller or service provider.
Purchasing power parity (PPP) can be defined as an economic theory of exchange rate determination which states that, the exchange rates between currencies of two different countries are in equilibrium when their price level of a fixed basket of goods and services (purchasing power) are the same.
According to the flexible-price monetary model which was developed by Frenkel and Mussa in 1976, it states that the prices of goods are flexible while the purchasing power parity (PPP) is always constant i.e the real exchange rate is always constant over a specific period of time.
Hence, if the Purchasing Power Parity (PPP) holds, even in the short run, then real exchange rates should remain constant over time.
Can someone co-sign on multiple car loans?
I want to get a car right now, but my mom is co-signing on my sister's car. Is she able to co-sign on my car loan as well, or can she only co-sign on one?
Answer:
Yes
Explanation:
I believe so as long as you do the credit check and as long as you can afford the price you should be fine.
I am not 100% sure but I am pretty sure you can. Make sure you get others answers before making a definite decision.
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest?
Answer:
She should be allowed to co-sign both of you.
Explanation:
Disclaimer: Not an expert on this topic, but can give you relevant info I found.
I goog.led it and it said that she can infact co-sign both of you if she has good enough credit history and is financially stable. Here's the websites that say that:
"You can even co-sign multiple car loans at the same time."
https://www.autocreditexpress.com/blog/can-i-cosign-if-i-have-a-car-loan-already/
https://itstillruns.com/can-cosign-multiple-cars-7746994.html
P.s. the car dealer you go to can also clarify these things more clearly or your bank would be more credible so feel free to reach out to them.
After serving a good number of customers in its home state, Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers. This has enabled the company to successfully maintain its corporate strategy. Marble Cakes, Inc. is engaging in which of the following? Select one.
a)Vertical integration
b)Horizontal diversification
c)Horizontal specialization
d)Vertical specialization
Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
Memphis Company anticipates total sales for April, May, and June of $910,000, $1,010,000, and $1,060,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June.
A. $925,600.
B. $687,200.
C. $723,600.
D. $995,600.
E. $783,600.
Answer:
E. $783,600.
Explanation:
The computation of the amount of cash received from credit sales is shown below
Months Credit sales(80%)
April 728000
May 808000
June 848000
Now the amount of cash received is
= ($848,000 × 0.4) + ($808,000 × 0.55)
= $783,600
An example of a normative economic argument is: Group of answer choices arguing that high degrees of income inequality is inefficient because it leads to greater expenditures on health care costs. arguing that universal health care should be adopted because overall costs are lower under that type of health care system. arguing that high degrees of income inequality is inefficient because it leads to greater governmental expenditures on welfare programs. arguing that high degrees of income inequality is immoral and unjust. all of the available answers are correct.
Answer:
arguing that universal health care should be adopted because overall costs are lower under that type of health care system
Explanation:
Normative economics is one that states what should be as opposed to what is obtainable. It is a prescriptive view of a situation involving investment projects, economic development, statements, and scenarios.
In the given instance the normative statement is: arguing that universal health care should be adopted because overall costs are lower under that type of health care system.
The view here is that the present cost in health care system is presently high.
To reduce the overall costs we should use universal health care as a way to reduce costs.
The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard for privacy protection. Group of answer choices European Data Transfer Act Organization for Economic Cooperation and Development privacy guideline Code of Fair Information Practices European Union Data Protection Directive
Answer:
European Union Data Protection Directive
Explanation:
The European Union Data Protection Directive was implemented in October 1995 and regulates the processing of personal information of citizens of the European Union. It is also mean to protect personal information from being accessed by countries outside of the European Union.
The General Data Protection Regulation enacted in April 2016 eventually replaced the European Union Data Protection Directive.
Personal data of individuals should not be processed at all if the following conditions are not met: legitimate purpose, transparency, and proportionality.
