Which person would benefit most from taking advantage of a low variable
interest rate?
A. Emilio needs a loan to support his business and needs his
payments to be as predictable as possible.
B. Ellie has just found her dream home and wants to get a mortgage
that will allow her to live there forever.
C. Evan needs to borrow money to pay for car repairs, but he will be
able to pay off the loan within two to three months.
D. Erica needs to borrow money to attend college, but she doesn't
have a good credit history.
Based on the information, the individual that'll benefit from the interest rate will be C. Evan needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
A variable interest rate simply means an interest rate that fluctuates. It's different from a fixed interest rate. It should be noted that variable interest rates have low interest rates and are typically used for short-term financing.
Therefore, the person that would benefit most from taking advantage of a low variable interest rate will be Evan who needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
Read related link on:
https://brainly.com/question/25697560
Answer:
c
Explanation:
Alo Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black and white. Another model, the deluxe model, is a color printer-scanner-copier. For the coming year, Alo expects to sell 90,000 regular models and 18,000 deluxe models. A segmented income statement for the two products is as follows:
Regular Model Deluxe Model Total Sales
$13,500,000 $12,240,000 $25,740,000
Less: Variable costs 8,100,000 7,344,000 15,444,000
Contribution margin $5,400,000 $4,896,000 $10,296,000
Less: Direct fixed costs 1,200,000 960,000 2,160,000
Segment margin $4,200,000 $3,936,000 $8,136,000
Less:Common fixed costs 1,500,800
Operating income $6,635,200
Required:
1. Compute the number of regular models and deluxe models that must be sold to break even. Round your answers to the nearest whole unit. Regular models units Deluxe models units
2. Using information only from the total column of the income statement, compute the sales revenue that must be generated for the company to break even. Round the contribution margin ratio to four decimal places. Use the rounded value in the subsequent computation. (Express as a decimal-based amount rather than whole percentage.) Round the amount of revenue to the nearest dollar.
1. The break-even points in sales units are computed as follows:
Break-even point (in units) = Direct fixed cost/contribution margin per unit
Regular model = 20,000 units ($1,200,000/$60)
Deluxe model = 3,529 units ($960,000/$272)
2. The Alo Company's Sales revenue to break-even, company-wide, is computed as follows:
Sales Revenue at break-even point:
= Fixed costs/Contribution margin ratio
= $3,660,800/40%
= $9,152,000
Data and Calculations:
Regular Model Deluxe Model Total
Expected sales quantity 90,000 18,000 108,000
Sales $13,500,000 $12,240,000 $25,740,000
Less: Variable costs 8,100,000 7,344,000 15,444,000
Contribution margin $5,400,000 $4,896,000 $10,296,000
Less: Direct fixed costs 1,200,000 960,000 2,160,000
Segment margin $4,200,000 $3,936,000 $8,136,000
Less:Common fixed costs 1,500,800
Operating income $6,635,200
Selling price per unit $150 $680 ($12,240,000/18,000)
Variable costs per unit $90 $408 ($7,344,000/18,000)
Contribution margin $60 $272 ($680 - $408)
Contribution margin ratio for the company = 40% ($10,296,000/$25,740,000 x 100)
Company total fixed costs = $3,660,800 ($2,160,000 + $1,500,800)
Learn more: https://brainly.com/question/17173792
One form of long-term team that is increasingly being used, especially in lean production settings, is: quality circle. product design. self-directed. self-improvement. mandatory.
The long-term team that can be attributed to settings especially lean production settings is self-directed.
A self-directed team can be regarded as individuals that comes together in an organization, and they have various talents as well as abilities to work toward a common goal.
In this settings there might not be a standard administrative oversight and this is what is common in lean production settings.
Therefore, option C is correct.
Learn more at
https://brainly.com/question/6360971?referrer=searchResults
The type of leadership most appropriate when major changes are needed in an organization would be: Group of answer choices transactional transformational path-goal managerial grid task-centered
The name which is given to the type of leadership which is most appropriate when major changes are needed in an organization would be transformational leadership.
According to the given question, we are asked to state the type of leadership which would be best suited when there is a need to effect major changes in an organization.
As a result of this, we can see that the name of this type of leadership is the transformational leadership as the leader pushes the workers to go beyond their self interests to see a change.
The other options are not appropriate for major changes as they are more concerned with the satisfaction of the workers rather than getting major changes.
Therefore, the correct answer is option A
Read more about transformational leadership here:
https://brainly.com/question/14531259
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called a(n) _____.
a.
job shadow
b.
temp job
c.
internship
d.
cooperative program
Please select the best answer from the choices provided
A
B
C
D
Answer:
its called an internship so c
Answer:
The answer is C. internship
Explanation:
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called an internship.
If a bank that faces a 25 percent reserve ratio received a deposit of $30,000 and makes a loan to a customer for $10,000, what is the consequence if the bank then deposits the rest of the funds at the Federal Reserve
The consequence if the bank deposits the rest of the funds at the Federal Reserve is that Excess reserves increase by $12,500 and required reserves increase by $7,500.
Data and Calculations:
Reserve ratio = 25%
Deposit received by the bank = $30,000
Reserves increase = $7,500 ($30,00 x 25%)
Loan made to a customer = $10,000
Thus, the excess reserves would increase to $12,500 ($30,000 - $7,500 - $10,000).
Learn more: https://brainly.com/question/14173699
ournalize the entries to record the following selected transactions: a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510. b. Paid $436 to the state sales tax department for taxes collected.
Answer:
Paid $436 to the state sales tax department for taxes collected
Is L. Gore a mechanistic or an organic organization?
A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is:
Answer 41,050.
A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is: $41,050.
Logic teaches students how to think for themselves. It helps them develop their critical thinking skill. It gives them the ability to analyze and evaluate arguments. I think it should be taught in schools.
Answer:
what is the question tho?
Explanation:
True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities should target the proper federal funds rate before implementing monetary policies. False
Suppose the country of Lilliput exported $205 billion worth of goods and imported $449 billion worth of goods in the last calendar year. Calculate Lilliput's net exports. $ billion Lilliput is running a trade surplus. neither a trade deficit nor a trade surplus. a trade deficit.
Lilliput's net exports are ($244 billion). Therefore, Lilliput is running a trade deficit of $244 billion.
A trade surplus implies that Lilliput's exports are greater in value than its imports. A situation of "neither a trade deficit nor a trade surplus" exists when the exports are equal in value to the country's imports.
Data and Calculations:
Lilliput's exports = $205 billion
Lilliput's imports = $449 billion
Net exports for Lilliput = ($244 billion)
Thus, Lilliput is running a trade deficit of $244 billion because its imports are worth more than its exports.
Learn more: https://brainly.com/question/25520478
You are studying to be an accountant. During school breaks, you work part-time at a large company that sells its stock on the stock exchange. To help you understand how investments work, you bought 100 shares of stock in this company.
While doing the bookkeeping, you discover the company just had a very bad financial quarter. You anticipate the price for the company stock will fall substantially once that information is made public. You decide to sell your shares immediately to avoid a significant loss. You direct your stockbroker to sell your stocks and are able to complete the transaction before this news gets out.
Have you done anything illegal by selling your stock when you did?
A. No, you are entitled to utilize all information available when deciding whether to buy or sell stock.
B. Yes, it is illegal for an employee of a company to buy or sell company stock.
C. No, shareholders can sell or buy stock anytime they wish.
D. Yes, you will be liable for insider trading based on the misappropriation theory.
Misappropriation theory states that when an individual uses insider information in trading securities has therefore committed securities fraud against the information source. Therefore, Yes, you will be liable for insider trading based on the misappropriation theory.
In the United States, a person who is guilty based on the misappropriation theory can be convicted of insider trading.An individual is said to be guilty of insider trading when they have acted on privileged knowledge in order to make a profit.
Conclusively, she is guilty as she uses the information obtained from the financial books to her advantage.
Learn more from
https://brainly.com/question/16137686
Which one Life Instinct
A. the collection of wish
B. Negative aspects
C. Positive aspects
D. Pleasure oriented
E. the manager of personality
Considering the available options, the one that is Life Instinct is "Pleasure oriented."
What is Life Instinct?Life Instinct is a term used to describe the activities of humans that are conducted towards survival.
Examples of Life InstinctSexual instinctsDrive to liveBasic instinctual impulses like thirst and hunger, etc.Hence, in this case, it is concluded that the correct answer is option D. "Pleasure oriented."
Learn more about Life Instinct here: https://brainly.com/question/9004069
Explain 5 reasons why organizations restrict their staff from communication with press
Answer:
Explanation:
Work environment.
People's attitudes and emotional state.
Time zone and geography.
Distractions and other priorities.
Cultures and languages.
Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be
Answer:
1.8 divided by 15 easy
Explanation:
0. somthing
What is one way to earn more money through Social Security?
A. Work part time rather than full time.
B. Retire as soon as you can collect Social Security.
C. Delay retirement until age 70.
D. Start collecting Social Security at 62.
Answer:
The answer is C
Explanation:
The longer you wait to collect SSI the larger the amount will be due to the fact you have paid in more.
Answer:
c
Explanation:
a. According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _______________ relatively low.
b. Suppose Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties. The parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights. This is an example of :
According to the Coase theorem, private parties can negotiate an efficient solution in the presence of externalities if the transaction costs are relatively low.
When Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties and the parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights, it illustrates an example of an external cost.
An external cost simply means the cost that is incurred by an individual or firm as a result of the economic transactions of another entity.
Read related link on:
https://brainly.com/question/25611567
discuss in details what is the sources of finance in UAE?
Answer:
loans, syndicated loans,the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.
Explanation:
hope i t helped<3
mark me as brainliest plz
You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got established as acceptable, you should inquire about:
CHECK ALL THAT APPLY
- What behaviors research has shown are most productive for teams
- Patterns of behavior that were laid down during the forming stage, when the team was just starting out
- Explicit statements that influential people have made about what behaviors are good and bad
- Critical events in the team’s history that reinforced certain behaviors
Answer:
✘ What behaviors research has shown are most productive for teams
✔ Patterns of behavior that were laid down during the forming stage, when the team was just starting out
✔ Explicit statements that influential people have made about what behaviors are good and bad
✔ Critical events in the team’s history that reinforced certain behaviors
You should inquire about Patterns of behavior that were laid down during the forming stage, when the team was just starting out, Explicit statements that influential people have made about what behaviors are good and bad, and Critical events in the team’s history that reinforced certain behaviors. Thus, option B, C and D are correct.
What are patterns of behavior?Chains of behavior is another name for behavior patterns, emphasizing its structure as a complex connection of simpler behavioral segments. They could be created through operant conditioning using different segments presented in the right sequence. referred to as a behavioral pattern.
Some actions can be picked up through experience. Any person can be conditioned to act a certain way, regardless of background. This can start as early as infancy. For instance, if you were raised in a home where someone struggles with anxiety, you may have picked up on coping mechanisms or ways of handling situations that are similar. This may thus create the appearance that you suffer from anxiety yourself, but this is not the case.
Learn more about patterns of behavior here:
https://brainly.com/question/31732673
#SPJ2
Woh Che Co. has four departments: Materials, Personnel, Manufacturing, and Packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow.
Indirect Expense Cost Allocation Base
Supervision $ 82,500 Number of employees
Utilities 50,000 Square feet occupied
Insurance 22,500 Value of assets in use
Total $ 155,000
Departmental data for the company’s recent reporting period follow.
Department Employees Square Feet Asset Values
Materials 27 25,000 $ 6,000
Personnel 9 5,000 1,200
Manufacturing 63 55,000 37,800
Packaging 51 15,000 15,000
Total 150 100,000 $ 60,000
1. Use this information to allocate each of the three indirect expenses across the four departments.
2. Prepare a summary table that reports the indirect expenses assigned to each of the four departments.
1. The allocation of the three indirect expenses across the four departments of Woh Checo is as follows:
Supervision Expense:
Basis = Number of Employees
Materials = $14,850 ($82,500 x 27/150)
Personnel = $4,950 ($82,500 x 9/150)
Manufacturing = $34,650 ($82,500 x 63/150)
Packaging = $28,050 ($82,500 x 51/150)
Utilities Expense:
Basis = Square Feet
Materials = $12,500 ($50,000 x 25,000/100,000)
Personnel = $2,500 ($50,000 x 5,000/100,000)
Manufacturing = $27,500 ($50,000 x 55,000/100,000)
Packaging = $7,500 ($50,000 x 15,000/100,000)
Insurance Expense:
Basis = Assets Value
Materials = $2,250 ($22,500 x 6,000/$60,000)
Personnel = $450 ($22,500 x 1,200/$60,000)
Manufacturing = $14,175 ($22,500 x 37,800/$60,000)
Packaging = $5,625 ($22,500 x 15,000/$60,000)
2. The summary table to report the assignment of the indirect expenses to the four departments is as follows:
Allocation of Indirect Expenses to the Departments:
Total Materials Personnel Manufacturing Packaging
Supervision $82,500 $14,850 $4,950 $34,650 $28,050
Utilities 50,000 12,500 2,500 27,500 7,500
Insurance 22,500 2,250 450 14,175 5,625
Total $ 155,000 $29,600 $7,900 $76,325 $41,175
Data and Calculations:
Indirect Expense Cost Allocation Base
Supervision $ 82,500 Number of employees
Utilities 50,000 Square feet occupied
Insurance 22,500 Value of assets in use
Total $ 155,000
Department Employees Square Feet Asset Values
Materials 27 25,000 $ 6,000
Personnel 9 5,000 1,200
Manufacturing 63 55,000 37,800
Packaging 51 15,000 15,000
Total 150 100,000 $ 60,000
Learn more: https://brainly.com/question/18296731
3. As a department manager, you have decided to purchase two projectors to be installed in two of the conference rooms. Your brother has just started his own business in office supplies. He is able to provide you the two projectors with no installation cost. What might you want to consider? Please provide 4 answers. very urgent thanks BUSINESS FOR ETHICS.
While the exemption of installation fee might save cost, it is imperative to consider possible issues which may arise and conflict with business and family ethics. Hence, it is important to consider the following ;
The state of the product supplied Associated warranty Family ties in case of product defect Actual cost The initial condition of the projectors should be considered as one cannot be blinded by family ties to avoid future query. Similarly, the warranty on the product should be considered in case of early damage or technical malfunction. Also, it is highly important to consider family ties, as business dealings should not be mingled with family issues.The cost of the appliance is also an important factor to consider as many sellers up their initial price, and then issue discount afterward. Hence, cost of substitutes and other suppliers should be compared.
Learn more : https://brainly.com/question/25575402
Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time. Refer to Scenario 33-2. In the short run what happens to the price level and real GDP
In the short-run, the effect on the price level and the real GDP is a. Both the price level and real GDP rise.
Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:
Rise while the real GDP falls Fall while the real GDP rises Fall with the real GDP.
Question Options:
a. both the price level and real GDP rise.
b. the price level rises and real GDP falls.
c. the price level falls and real GDP rises.
d. both the price level and real GDP fall.
Thus, in the short-term of this economy both the price level and real GDP rise.
Learn more: https://brainly.com/question/13029724
Beacon Corporation issued a 7 percent stock dividend on 22,500 shares of its $9 par common stock. At the time of the dividend, the market value of the stock was $28 per share. Required Compute the amount of the stock dividend. Show the effects of the stock dividend on the financial statements using a horizontal statements model. Prepare the journal entry to record the stock dividend.
1. The amount of the stock dividend is $44,100 (1,575 x $28) because it is a small stock dividend, that is, less than 25%. A small stock dividend is recorded at the market price instead of the par value.
2. The effects of the stock dividend on the financial statements are as follows:
Balance Sheet Retained Earnings Statement of Cash Flows
Assets = Liabilities + Equity
Assets = $44,100 + ($44,100) ($44,100) None
Data and Analysis:
Common stock at $9 par value
Stock dividend shares = 1,575 (22,500 x 7%)
Par Value of stock dividend = $14,175 (1,575 x $9)
Additional Paid-in Capital = $29,925 (1,575 x $19
Market value of the stock per share = $28
Retained Earnings $44,100 Additional Paid-in Capital $29,925 Common Stock $14,175
Stock Dividend $44,100 Stock Dividend Distributable $44,100
Thus, the effects of the issuance of the 7% stock dividend are the creation of a liability of $44,100 and a reduction of the Retained Earnings, which are transferred to the Common Stock and Additional Paid-in Capital.
Learn more: https://brainly.com/question/24334747 and https://brainly.com/question/24334747
the fijian dollar is currently trading for AUD 2.55. if the interest rate in australia is 5.5% and the interest rate in New Zealand is 6.5% what would be the one year forward exchange rate
Since the interest rate in Australia is 5.5% and the interest rate in New Zealand is 6.5%, then the one-year forward exchange rate is 1 Fijian dollar equals 2.53 AUD.
The information given from the question is that 1 Fijian dollar = 2.55 AUD.
Based on the information, the foreign currency is Fijian dollar while the home currency is AUD. Therefore, the forward rate will be:
= 2.55 × [(1 + 5.5%) / (1 + 6.5%)
= 2.55 × (1.055 / 1.065)
= 2.55 × 0.99
= 2.53
In conclusion, 1 Fijian dollar equals 2.53 AUD.
Read related link on:
https://brainly.com/question/25435079
On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:
Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000
Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.
The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.
The first thing to do is to calculate the average cost of borrowing which will be:
= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000
= ($256000 + $320000) / $9600000
= $576000 / $9600000
= 0.06 = 6%
The average expenditure during the year will be:
= $9600000/2.
= $4800000
The capitalized Interest will be:
= 9% × $2400000
= $216000.
Then, the capitalized Interest for the borrowing will be:
= 6% × $2400000
= $144000
The total capitalized Interest will be:
= $216000 + $144000
= $360,000
Read related link on:
https://brainly.com/question/25623677
what is decentralisation?
Based on business management, Decentralization is the transfer of control of an organization to various departments or authorities rather than one single one.
Different types of Decentralization De-ConcentrationDelegationDevolutionPrivatizationGenerally, decentralization is known to yield better, more timely decisions and increase organizational motivation.
Hence, in this case, it is concluded that decentralization is the sharing of authorities.
Learn more about Decentralization here: https://brainly.com/question/1288780
What are the portfolio weights for a portfolio that has 145 shares of Stock A that sell for $47 per share and 200 shares of Stock B that sell for $21 per share
Based on the information given the portfolio weights for a portfolio are:
Stock A 0.6187; Stock B 0.3815.
First step
Shares Price per share Total value
Stock A 145 $47 6,815
Stock B 200 $21 4,200
Total 11,015
Second step
Portfolio weights
Stock A [ 6,815 / 11,015 ] 0.6187
Stock B [ 4,200 / 11,015 ] 0.3813
Inconclusion the portfolio weights for a portfolio are: Stock A 0.6187; Stock B 0.3815.
Learn more here:https://brainly.com/question/19579061
A company issues $50,000 of 4% bonds, due in 5 years, with interest payable semiannually. Assuming a market rate of 3%, the bonds issue for $52,306. Calculate the carrying value of the bonds after the first semiannual interest payment.
The carrying value of the company's bonds after the first semiannual interest payment is $52,090.59.
Data and Calculations:
Face value of bonds = $50,000
Bonds Proceeds = $52,306
Bonds Premium = $2,306 ($52,306 - $50,000)
Maturity Period = 5 years
Coupon interest rate = 4%
Market interest rate = 3%
Interest Payment = Semiannually
First Semiannual Interest Payment:
Cash payment = $1,000 ($50,000 x 4% x 1/2)
Interest expense = $784.59 ($52,306 x 3% x 1/2)
Amortization of premium = $215.41 ($1,000 - $784.59)
Carrying value = $52,090.59 ($52,306 - $215.41)
Learn more: https://brainly.com/question/16048994
Colliers, Incorporated, has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $2 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $600,000 this year.
Required:
a. What amount will go to preferred stockholders?
Dividend Payment to Preferred Stockholders
b. How much will be available for common stock dividends?
Dividend Payment to Common Stockholders
a. The amount that will go to the preferred stockholders is $400,000.
b. The amount of the declared dividend that will be available for common stock dividends is $200,000 ($600,000 - $400,000).
Data and Calculations:
Cumulative Preferred Stock Outstanding = 100,000 shares
Dividends per share = $2
Cumulative Preferred Dividend last year = $200,000 (100,000 x $2)
Preferred Dividend this year = $200,000 (100,000 x $2)
Total preferred dividend to be paid this year = $400,000
Thus, the Preferred Stockholders will be paid $400,000 ($200,000 for last year and $200,000 for this year).
Learn more: https://brainly.com/question/24297088
