Total variable cost = Total gasoline price per year + parking / tolls + oil changes/ repairs = $ 2,065 + $ 580 + $ 610 = $ 3,255. Total fixed cost = Annual depreciation + current year interest on loan + insurance + license and registration fees = $ 2,500 + $670 + $ 800 + $ 105 = $ 4,075 Operating Cost = Fixed Cost +Variable Cost = $4,095 + $3,255 = $7,350 .
When moving people or products, a motor vehicle—also known as a motorized vehicle or an automobile vehicle—is a self-propelled land vehicle that normally has wheels and is not rail-powered (unlike trains or trams).The vehicle is propelled by an engine or motor, typically an internal combustion engine, an electric motor, or any combination of the two, such as hybrid electric vehicles and plug-in hybrids. For regulatory reasons, motor vehicles are usually divided into a number of vehicle classes, including cars, buses, motorcycles, off-road vehicles, light trucks, and regular trucks. These categories must be categorized differently according to each nation's legal systems. ISO 3833:1977 is the reference standard for categories, terminology, and definitions of road vehicles.
Learn more about motor vehicle:
https://brainly.com/question/13163444
#SPJ4
The complete question:
Based on the data provided here, calculate the items requested:
Annual depreciation $ 2,500 Annual mileage 14,160
Current year's loan interest $ 690 Miles per gallon 24
Insurance $ 800 License and registration fees $ 105
Average gasoline price $ 3.50 per gallon Oil changes / repairs $ 610
Parking / tolls $ 580
a. Calculate total annual operating cost of the motor vehicle.
b. Calculate operating cost per mile.
does a company in california have to pay out accrued pto before switching to the unlimited pto policy?
The concept here is Accrued Vacation Pay, is the amount of time-off pay earned by employees. The answer is, yes.
Accrued time off is time off that an employee has earned but not yet used. The PTO calculation at the end of the year or when an employee leaves the company is particularly important. T
The accumulated leave amount is a benefit for employees and an obligation for the employer. To calculate accrued paid vacation time, find the number of vacation hours earned up to the start of the billing period, add the number of vacation hours earned in the current billing period, and then subtract the number of vacation hours used in the billing period.
This count is updated at the end of each reporting period to reflect accrued vacation time accruals and employee vacation time entitlements. The account is generally classified as a current liability.
To know more about Accrued Vacation Pay,
brainly.com/question/16368744
brainly.com/question/15865845
#SPJ4
A form of advertiing that ue rational argument to communicate why conumer need a pecific product by highlighting the benefit aociated with the ue of that product
A form of advertising that use rational argument to communicate why consumer need a pecific product by highlighting the benefit associated with the use of that product advertising.
What is Product advertising?
The goal of product advertising is to generate demand for a product. The promotion of a certain product's existence and the encouragement of consumers' interest in the product are examples of this.
Additionally, the goal of product promotion is to influence customers to buy something right away after seeing it.
Why is product advertising crucial?
Consumer education about your brand's values and how your goods or services benefit customers is facilitated through advertising.
Ad campaigns can be used to strengthen brand development and create a deeper understanding of your brand, from your business's objective to the importance of the products you sell.
Learn more about product advertising.
brainly.com/question/24130281
#SPJ4
you are a project manager for a large manufacturing company. an internal project has been formally approved and you are in the process of identifying key stakeholders. where would be the best place to start?
You are a project manager and you are in the process of identifying key stakeholders. Project charter would be the best place to start.
A project manager is a key position in any organization. They are responsible for developing project plans, leading team meetings, delegating tasks, and tracking progress against goals. They need to be highly organized, possess strong problem-solving skills, and be able to communicate effectively with a wide range of stakeholders.
In addition, a project manager must have the ability to multitask, remain focused under pressure, and quickly adapt to changing requirements. With the right set of skills, a project manager can be the driving force behind a successful project.
To know more about project, click here.
https://brainly.com/question/15404120
#SPJ4
if in addition to having a low market growth rate, the railroad-loading industry has small market size, high capital requirements, and high competitive intensity, what would be the most positive classification railroad loading could receive? average business question mark winner profit producer
The most positive classification that railroad loading could receive would be "Profit Producer."
What is Profit Producer?Profit Producer is a business management software program designed to help entrepreneurs maximize their profits. It is a comprehensive solution that allows business owners to manage their finances, track customer information and sales, and analyze their performance. With Profit Producer, users can create financial statements, generate invoices, and monitor their sales pipeline. They can also view their expenses, manage their inventory, and track customer activity. It is a powerful tool that helps entrepreneurs make better business decisions and maximize their profits.
To learn more about Profit Producer
https://brainly.com/question/1078746
#SPJ4
there are two borrowers, one is white and the other is african american. they have very similar credit profiles. the white applicant is approved, and the african american is denied. these loans were approved and denied at the discretion of the lender and an automated underwriting system was not used. this is an example of:
g Ramani earned $1,960.50 during the most recent biweekly pay period. He contributes $100 to his 401(k) plan. He is married filing jointly, has standard withholding and has filed a 2020 Form W-4. Based on the following table, how much Federal income tax should be withheld from his pay
Your Form W-2, Wage and Tax Statement, lists the funds deferred under your 401(k) plan.
Briefing:-Despite not being considered current income for federal income tax reasons, elective deferrals are nonetheless considered wages for the purposes of Social Security (FICA), Medicare, and federal unemployment taxes (FUTA).
Which retirement funds from the list below mandate a 20% obligatory withholding obligation on distributions?On withdrawals from 401(k) and 403(b) accounts, the IRS mandates a statutory withholding of 20% of the federal income tax; but, on distributions from IRAs, you are free to choose how much, if any, should be deducted.
What is the IRS Form W4R's default rate for federal withholding on non-periodic payments?The default withholding rate for nonperiodic payments is 10%. By specifying a rate on line 2 that ranges between 0% and 100%, you can opt to have a different rate. For payments to be delivered outside of the United States and its possessions, you generally cannot select less than 10%.
To Know more about Tax Statement,
https://brainly.com/question/23161631
#SPJ4
hours from a perfectly competitive market. (a) using correctly labeled side-by-side graphs of the factor market for machines and the john lamb company, show each of the following. (i) the equilibrium rental price of machines in the factor market, labeled as pr (i) john lamb's equilibrium rental quantity of machines, labeled as o. (b) assume that the popularity of widgets declines, decreasing the demand for widgets. what will happen to each of the following? (i) marginal product curve for machine-hours (il) marginal revere product curve for machine- hours. explain. (c) john lamb is employing the cost-minimizing combination of inputs. the marginal product of labor is 28 widgets per worker hour and the wage rate is $14 per hour. the marginal product of the machine is 60 widgets per machine-hour. what is the hourly rental price of
(a) (i) The equilibrium rental price of machines in the factor market, labeled as PR, can be shown on a side-by-side graph with the John Lamb Company's equilibrium rental quantity of machines, labeled as O.
What is factor market?Factor market is a market where the production factors such as labor, capital and land are bought and sold. In this market, people and businesses buy and sell the production factors that they need to produce goods and services. The buyers of the production factors are businesses, while the suppliers are households.
(b) (i) The marginal product curve for machine-hours will shift downwards. This is because the decline in demand for widgets reduces the value of a machine-hour, causing the marginal product of machine-hours to decrease.
(ii) The marginal revenue product curve for machine-hours will also shift downwards. This is because the decline in demand for widgets reduces the marginal revenue of machine-hours, causing the marginal revenue product of machine-hours to decrease.
To learn more about factor market
https://brainly.com/question/29350934
#SPJ4
a company plans on expanding its operations and needs the capability to increase and decrease services only when scheduled and required. which feature is most important for the company?
As the company plans on expanding its operations and needs the capability to increase and decrease services only when scheduled and required; the most important feature for the company is scalability.
Why is scalability important for company?Scalability refers to a system's ability to increase or decrease in performance and cost in response to changes in application and system processing demands.
Scalability enables you to build a profitable business with significant growth potential. Scalability enables a company to expand and generate revenue without being constrained by its structure or a lack of resources. As a company's sales volume grows, it can keep or improve its efficiency.
Read more about scalability
brainly.com/question/14301721
#SPJ1
The conceptual framework indicates the desired fundamental and enhancing qualitative characteristics of accounting information. Several constraints impede achieving these desired characteristics.
Materiality is a cost or asset that is thought to have a significant impact on the business. Trustworthiness in a financial statement can be viewed as reliability in accounting
What is conceptual framework?
A conceptual framework is a representation of the relationship you expect to see between your variables, or the characteristics or properties that you want to study. Conceptual frameworks can be written or visual and are generally developed based on a literature review of existing studies about your topic.
1) Materiality is a cost or asset that is thought to have a significant impact on the business. Regarding the company's financial statement, it is the information's relevance as well as the transaction's job.2) Trustworthiness in a financial statement can be viewed as reliability in accounting. It is useful to be aware of whether financial data may be used by creditors and investors alike and produce the same outcomes.3) The corporation can be regarded as consistent if it adheres to accounting norms in succeeding years while presenting financial statements and internal operations.4) Periodicity was used to illustrate how a corporation might publish its financial results within a set time frame. On a monthly or quarterly basis.
The complete question is,
The conceptual framework indicates the desired fundamental and enhancing qualitative characteristics of accounting information. Several constraints impede achieving these desired characteristics. Answer each of the following questions related to these characteristics and constraints.
1. Which component would allow a large company to record the purchase of a $120 printer as an expense rather than capitalizing the printer as an asset?
2. Donald Kirk, former chairman of the FASB, once noted that " . . . there must be public confidence that the standard-setting system is credible, that selection of board members is based on merit and not the influence of special interests . . ." Which characteristic is implicit in Mr. Kirk's statement?
3. Allied Appliances, Inc., changed its revenue recognition policies. Which characteristic is jeopardized by this change?
4. National Bancorp, a publicly traded company, files quarterly and annual financial statements with the SEC. Which characteristic is relevant to the timing of these periodic filings
To learn more about conceptual framework refer to:
https://brainly.com/question/20064342
#SPJ4
most consumers take things, even formerly new and exciting things, for granted after a while. this statement is correct/true. does this fact represent a threat or opportunity to new product developers, or does this fact represents an opportunity something else altogether?
After a while, many, if not most, customers start to take things for granted, even those that were once novel and thrilling. This is accurate and true. For those who create new products, this reality presents an opportunity.
What options does a new product present?When there is a gap between the items that are now on the market and those that might one day be created as a result of expanding trends, either new or much improved products, a product opportunity is created.
Why is this an opportunity to launch a new product?By developing new products, one can increase sales, improve revenue streams, and reach out to new markets. While doing this, it is possible to alter current products to save costs, increase margins, and ultimately increase profits.
How can we identify opportunities for the development of new products?Exploring the possibility of new products includes coming up with, creating, and evaluating new product idea concepts. The fundamental stages include comprehending the need for new products, identifying present and potential sources of ideas, articulating internal and external requirements, and assessing opportunities.
Learn more about developing new products: https://brainly.com/question/28166762
#SPJ4
Select the correct location on the image.
Which box on a W-4 notes an employee's filling status?
Box number 3 on a W-4 notes an employee's filling status?
What is a W-4?
An IRS form known as a W-4, also known as a "Employee's Withholding Certificate," instructs employers how much tax should be deducted from each employee's paycheck. Employers utilize the W-4 to calculate some payroll taxes and remit the taxes on behalf of employees to the IRS and the state (if applicable).
If your employer already has a copy of your W-4 form on file, you do not need to fill one out again. Additionally, you are not required to complete a new W-4 annually. But you'll probably need to complete a new W-4 if you start a new employment or wish to change the withholdings at your current position. In either case, it's a good justification for reviewing your withholdings.
Learn more about form W-4 here https://brainly.com/question/6712612
#SPJ1
The advantages of using an export strategy to build a customer base in foreign markets include:
a. being cheaper and more cost-effective than licensing and franchising.
b. being cheaper and more cost-effective than a multi-country strategy.
c. being more suited to accommodating local buyer tastes and host government regulations than a global strategy.
d. being able to minimize shipping costs, avoiding tariffs, and curbing the effects of fluctuating exchange rates.
e. minimizing its risk and direct investment requirements.
(e.) minimizing its risk and direct investment requirements. The benefits of utilizing an export strategy to establish a clientele in international markets include lowering the risk and need for direct investment.
A company's exporting strategy determines which countries it will sell to as well as how it will export to those nations. It sets the price plans, the goods that will be sold, the markets that will be served, and the methods for exporting the goods. Starting with the goods or services you provide is the first step in any exporting plan. Some businesses and organizations mistakenly assume that their domestic goods or services may be exported without many alterations or revisions. Selling products and services to a foreign country is referred to as exporting. Contrarily, importing is the act of acquiring goods from outside and bringing them into one's own nation.
learn more about export strategy here:
https://brainly.com/question/29104612
#SPJ4
Johnny is a sophomore in college and has & 1.5 cumulative grade point average (OPA). Johnny's cumulative GPA will be better next semester if he performs better than he did last semester (iilperforms better than his cumulative GPA (lles an average performance. Select one: a. (i) onh b. (ai) only c. (i) and (i) d. (i) and ii)
Johnny is a sophomore in college and has a cumulative grade point average of 1.5. Johnny's cumulative grade point average will be better next semester if his grades are better than his cumulative grade point average.
Johnny's grades can only get worse if he's worse than his cumulative grade point average and lower than he's ever been. The last option, Johnny's performance being worse than last semester does not necessarily affect his grade point average.
Cumulative GPA is the overall GPA that Johnny has received since he started school.
A slightly lower score than his final semester doesn't necessarily mean his cumulative GPA will decrease, as his final semester may have been one of his best semesters and perhaps even better. So option B is correct.
Know more about semester here:
https://brainly.com/question/23854683
#SPJ4
if all other factors are constant, any decrease in fixed costs will decrease the breakeven point.T/F
The given statement "any reduction in fixed costs will result in a lower breakeven point, assuming all other variables remain constant" is TRUE.
What is a breakeven point?
The break-even point (BEP) is the point at which total costs and total revenues are equal, or "even," in economics, business, and particularly cost accounting.
Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
In other words, all necessary expenses are covered, and neither a profit nor a loss is realized.
We divide the fixed costs by the unit contribution margin to determine the break-even threshold.
The outcome will likewise drop if the numerator is decreased while all other factors remain unchanged.
Therefore, a reduction in fixed costs would also result in a reduction in break-even units.
Therefore, the given statement "any reduction in fixed costs will result in a lower breakeven point, assuming all other variables remain constant" is TRUE.
Know more about a breakeven point here:
https://brainly.com/question/21137380
#SPJ4
are the factors or parameters that are the major drivers of quality within an organization or process. select one: a. critical to customer characteristics b. critical to quality characteristics c. quality characteristics d. quality requirements
Option (b), The elements or metrics that are the primary motivators of quality within a company or process are crucial to quality characteristics.
What is quality control's primary objective?Before a product is made available to the public, quality control in the food business seeks to find flaws in it. A group of procedures known as "quality control" are used to ensure the high caliber of products and are aimed at identifying manufacturing faults.
The primary objective of quality is what?Increasing the final product's and manufacturing process quality is the main goal of a quality management system. In such a system, the three main objectives of quality control are to boost production efficiency, cultivate customer loyalty, and improve product quality and decrease risks.
Learn more about "quality control": https://brainly.com/question/20892066
#SPJ4
If China needed to import only 20% of the grain it needs, it would take up how much of the grainexported by all the countries of the world?a.10%b.20%c.30%d.40%e.50%
China would consume 50% of the grain generated by all nations in option (e) if it only needed to import 20% of the grains it needs.
Grain is what, exactly?The harvested seed for grasses including maize, cereals, rice, and corn is known as grain. The grains sorghum, millet, rye, & barley are also significant. Grains, often known as cereals, represent the most significant staple food on the planet.
What foods fall under the category of grains?Grain products include anything containing wheat, rice, oat, cornmeal, barley, or any cereal grain. Grain items include things like tortillas, bread, pasta, cereal for breakfast, grits, and so on. The Grains group also encompasses foods like popcorn, rice, and oats.
To know more about Grain visit :
https://brainly.com/question/29219926
#SPJ1
The Complete Question :
If China needed to import only 20% of the grain it needs, it would take up how much of the grainexported by all the countries of the world?
a.10%
b.20%
c.30%
d.40%
e.50%
syracuse passes a law that requires local businesses to recycle. it doesn't conflict with any state or federal laws. what is law that allows them that power?
When a municipal ordinance directly conflicts with a state or federal statute, state law will take precedence.
Which company is the best?For instance, Apple has the highest market capitalization, but American multinational retailer Amazon is the biggest business globally in terms of sales. The top 10 corporations in the world by share value as of 2 September 2022 are shown below.
What three types of businesses are there?There are three main business structures: the sole proprietorship, the partnership, and the corporation. Each has their own benefits and shortcomings.. Here is a summary of the information you should know about each of them. You are the single proprietor of the company under a sole proprietorship.
To know more about business visit:
https://brainly.com/question/15826604
#SPJ4
what are the key questions for management concerning cycle counting? (select all that apply.) multiple select question. who should count it? where should the inventory be stored? what inventory should be counted? when should cycle counting be performed? how much accuracy is needed?
The key questions for management concerning cycle counting are as follows :
who should count it? when should cycle counting be performed? how much accuracy is needed?Give a brief account on cycle count.In a cycle count, you follow a routinely repeated series of checks on a subset of inventory as part of a perpetual inventory auditing method. Cycle counts differ from conventional physical inventories in that a conventional physical inventory requires a facility to shut down while all of the items are counted. Cycle counts can be modified to focus on products with higher value, higher movement volume, or those are essential to business processes, and thus are less disruptive to regular operations while also providing an ongoing gauge of inventory correctness and procedure execution. Although some claim that cycle counting should only be used in facilities with high levels of inventory accuracy, cycle counting is a way to achieve and maintain high levels of accuracy.
To know more about, cycle count, visit :
https://brainly.com/question/15710764
#SPJ4
Cash reconciliations can be tested via __________.select either ; disclosure, observation , counting ,physical inventory , reperformanceIt is important to verify ______ of both cash receipts and cash disbursements.select either ; deviation, disclosure, consideration, cutoff, existence, paymentCash confirmations need to be mailed under the control of the __________.select either; bank, client, auditor, president, AICPAAuditors are often concerned with the _______of cash, as this is where most misstatements occur.select either; overstatement, understatement, existence, disclosure, inventoryCutoff bank statements include activity for the period _______the period being audited.select either; afer, overlapping, before, exclusive of , disclosing
Cash reconciliations can be tested via observation.It is important to verify existence of both cash receipts and cash disbursements.Cash confirmations need to be mailed under the control of the auditor.Auditors are often concerned with the existence of cash, as this is where most misstatements occur.Cutoff bank statements include activity for the period exclusive of the period being audited.
What is cash reconciliation?Cash reconciliation is the process of comparing an organization's internal records of cash transactions to the corresponding records of a bank. This process is used to ensure that the cash balance reported in the organization's financial statements is accurate and that all cash transactions have been recorded properly. The goal of cash reconciliation is to identify any discrepancies between the internal records and the bank records, and to make any necessary adjustments to ensure that the cash balance is accurate. This process is typically performed on a regular basis, such as monthly or quarterly. It is an important part of internal control and financial reporting, and helps to prevent errors and fraud.To learn more about cash reconciliation refer:
brainly.com/question/30187013
#SPJ4
which of the following is an example of downward communication in an organization? a. four accountants meet to discuss the quarterly financial reports. b. a business professor submits a conference report to her dean. c. the cfo sends information about a new accounting regulation to employees in the accounting department. d. members of a task force submit a progress report to the ceo.
The ceo sends information about a new accounting regulation to employees in the accounting department, is an example of downward communication in an organization.
What is an downward communication in an organization?The act of communicating significant information downward from higher levels to lower ones within a business or organization is known as downward communication.Sharing policies and procedures inside the organization is an example of downward communication, which makes sure that everyone is aware of the rules they must abide by by guaranteeing the uniformity of the communicated information.Downward communication serves to inform the employees about significant organizational changes, new objectives, or initiatives.To learn more about downward communication refer:https://brainly.com/question/14301272
#SPJ4
Below are the account balances for Cowboy Law Firm at the end of December.
Accounts Balances
Cash $ 3,700
Salaries expense 1,350
Accounts payable 1,700
Retained earnings 4,550
Utilities expense 1,000
Supplies 12,100
Service revenue 7,600
Common stock 4,300
Required:
Use only the appropriate accounts to prepare an income statement.
Accounts Balances
Cash $ 3,700
Salaries expense 1,350
Accounts payable 1,700
Retained earnings 4,550
Utilities expense 1,000
Supplies 12,100
Service revenue 7,600
Common stock 4,300
COWBOY LAW FIRM
Income Statement
Service revenue
Expenses:
Salaries expense
Total expenses
Use only the appropriate accounts to prepare an income statement.
The appropriate accounts to prepare an income statement are Service revenue, Expenses:, Salaries expense and Total expenses .
Preparing the statement:COWBOY LAW FIRM
Income Statement
Service revenue 7600
Expenses:
Salaries expense 1350
Utilities expense 1000
Total expenses 2350
Net income 5250
How does an income statement work?
A company's profits, expenses, and revenues over time are shown on an income statement. Earnings statement and profit-and-loss (P&L) statement are other names for it. It displays your: income from the sale of goods or services. expenses for managing your business and generating revenue.
What is an example of an income statement?A company's income and expenses are shown in an income statement, which is a financial statement. A company's profit or loss for a given time period is also shown. The cash flow statement, balance sheet, and income statement all help you understand your business's financial health.
Learn more about income statement:
brainly.com/question/28936505
#SPJ4
Alex wants to start an ira that will have $1,250,675 in it when he retires in 30 years. how much should he invest semiannually in his ira to do this if the interest is 4.5% compounded semiannually? assume an annuity due. round to the nearest cent. a. $9,698.12 c. $9,828.44 b. $9,728.66 d. $9,931.10
Assume an annuity due. round to the nearest cent is $9,828.44. the answer is option C.
What is an interest?In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount. It's distinct from any fees the borrower would pay to the lender or another party. The price of borrowing money or the payment you make for lending it is interest. The most common way to display interest is as a percentage of the loan amount over the course of a year. This proportion serves as a proxy for the loan's interest rate.In order for the semi-annual payment to be equal to the required sum when he retires, the future value of the annuity payable must be calculated. The formula to determine the future value of an annuity that will be due monthly payments of M for the time period T for a certain periodic return r.in this question there are 30*2= 60 payments and the semi annual rate= 4.5/2= 2.25%
putting values we get
on solving we get M= $9828.44
Alex needs to invest $9828.44 semiannually in his IRA
To learn more about interest refer to:
https://brainly.com/question/25816355
#SPJ4
Which of the following is an advantage of joint ventures as a mode of entry into foreign markets?The foreign firm benefits from a local partner's knowledge of the host country.
The overseas firm benefits from a neighborhood partner's understanding of the host country.
Exporting is the sale of products and services in overseas countries that are sourced from the domestic country. The benefit of this mode of entry is that companies avoid the rate of organising operations in the new country.
What is joint project mode of entry?Joint Venture
Creating a 0.33 corporation with some other accomplice is often the desired market entry method, in particular in rising markets. A joint project means that the employer can take advantage of the partner's infrastructure, neighborhood expertise and reputation.
What main benefit does a foreign joint assignment have?Advantages. Many of the advantages associated with global joint ventures are that they supply groups with the chance to obtain new capability and information and they permit businesses to enter into associated enterprise or new geographic markets or achieve new technological knowledge.
Learn more about joint venture here:
https://brainly.com/question/29408588#SPJ4if we define poverty as income below $10,000 per year, we have set a(n) definition of poverty. group of answer choices absolute constrained denominated relative
We have established an unwavering definition of poverty if we say it is defined as having an annual income of less than $10,000.
What do you mean by complete impoverishment?When a household's income falls below a given threshold, absolute poverty results. Due to this, it is impossible for the individual or family to meet their fundamental needs, such as those for food, shelter, safe drinking water, healthcare, and other necessities of life. Debt, population growth, natural catastrophes, war, child labour, and natural calamities all contribute to absolute poverty. A 12-year-old youngster who has never been to the doctor or attended school is an illustration of utter poverty. Absolute poverty is defined as not having even the most basic essentials of existence. Its prevalence is calculated by counting the number of people or households that are unable to meet their fundamental needs.
To know more about absolute poverty visit:
https://brainly.com/question/14509955
#SPJ4
you are buying a house with a mortgage of $250,000. what are the monthly payments of the 30-year mortgage if the annual percentage rate (apr) is 4%? g
Mortgage payments per month for a $250,000 loan
Your monthly mortgage payment on a 30-year mortgage at a fixed interest rate of 4% might be $1,193.54 while a 15-year mortgage might cost $1,849.22.
The APR is what?The annual percentage rate (APR), which is presented as a percentage of the principal loan amount, is a figure that sums up the annual cost of borrowing money. The annual percentage rate (APR) on a credit card or loan seeks to provide a thorough picture of how much borrowing money will cost.
What is APR stand for?The cost you incur annually for borrowing money, including fees, is stated as a percentage and is known as the annual percentage rate (APR). As it includes both the interest rate and the fees you must pay to obtain the loan, the APR provides a more comprehensive picture of the cost of borrowing money to you.
To know more about APR visit:
https://brainly.com/question/13358341
#SPJ4
Communist countries worked on the premise that government officials were in the best position to allocate the economy’s scarce resources.a. Trueb. False
Communist nations operated under the theory that decision-makers in the government were in the best position to distribute the economy's limited resources. It's accurate.
A system of interconnected production, consumption, and trade activities is called an economy, and it ultimately determines how resources are distributed among all of the players. To meet the requirements of persons residing in and participating in the economy, commodities and services are produced, consumed, and distributed.
The majority of the US economy is market-based. Producers choose what is produced and sold, as well as the pricing to charge. Producing what customers want and charging what customers are willing to pay are prerequisites for success.
Prices and overall production are governed by the principles of supply and demand through these choices. Production typically expands to meet demand when customer demand for a particular product rises. Prices grow as a result of the higher demand, and eventually consumers become uncomfortable and reduce their purchases. Prices will then start to drop along with the reduction in demand for the goods.
Learn more about economy here
https://brainly.com/question/2421251
#SPJ4
hann school, a nongovernmental not-for-profit organization, spent $1 million of cash restricted to acquire land and a building. how should this be reported in the statement of activities?
Increase in net assets without donor restrictions be reported in the statement of activities.
What is net assets?Asset worth less liability equals a company's net assets. (Total Fixed Assets - Total Current Assets) - (Total Current Liabilities - Total Long-Term Liabilities) is the formula used to determine it. The terms "net assets" and "stockholders' equity" both refer to the same thing. The net asset on the balance sheet is computed by adding up all of your assets and deducting all of your liabilities. It is the amount you have in excess of all of your debts (liabilities). It is typically referred to as net worth (NW). Liabilities are taken out of total assets to leave net assets. Simply put, net assets are the portion of the organization's assets not covered by debt. It's also feasible for net assets to be negative if obligations outweigh assets.
To learn more about net assets click,
https://brainly.com/question/27218751
#SPJ4
consider the decision to read your economics textbook. which of the four core principles of economics applies to the notion that reading this textbook will help you to establish a solid foundation of understanding economics, which will be beneficial for future courses?
core principles of economics applies to the notion that reading this textbook will help you to establish a solid foundation of understanding economics Interdependence principle.
Which economic interdependence principles apply to trade?Economic interdependence is the mutual reliance of those involved in an economic system who trade to receive the goods they are unable to efficiently generate for themselves.
The concept of interdependence emphasises how each living item in a natural system contributes to the strength and harmony of that system. The mutualistic coexistence of bees and wildflowers is a prime example of how this principle is in action.
To know more about Interdependence visit:
https://brainly.com/question/15302061
#SPJ4
Companies pursuing a home replication strategy O usually have low operating costs and high efficiency.O limit availability of local customization.O have loose headquarters control over product strategy. O have local subsidiaries that develop unique country-level capabilities.
Activities related to product development are frequently centralized in the home country of companies using a home replication strategy.
A home replication technique is what?Home Replication Technique. Corporations will use the same production rates, means of distribution, and brand recognition when starting a business in a foreign market.There have been imitations of the Wal-Mart domestic system. if a business hopes to flourish and compete on the global market.The home replication technique is utilized when there is little to no demand for flexibility or standards. By using this strategy, items that were developed primarily for domestic consumers may be able to enter new overseas markets without requiring substantial revisions.Home Replication Strategy. Home replication strategy is companies will use same production scales, distribution and brand power when develop their companies in foreign markets.
To learn more about home replication technique refers to:
brainly.com/question/30227811
#SPJ4
The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to generate a proposal for streamlining the antiquated blueprint generation process. Each office is at different stages of computerization, with different teams preferring different technologies for particular tasks. This makes everything more complex – from collaboration to revisions to cost and time management, and is having a serious impact on the company’s bottom line. The team includes Rosa Denson, Cheng Jing, and Simon Mahoney
Based on the video, what stage of group development is Joe’s team in?
Multiple Choice
norming
performing
aligning
storming
adjourning
The correct response is d) storming. The stage of group development is Joe’s team in storming.
The defined boundaries are being pushed against during the storming stage. When team members' genuine personalities and preferred methods of operation contrast with those of others, conflict or friction can also develop. Members learn that the team can't live up to all of their initial excitement and expectations when the team starts to work toward its goals. Their attention may go from the current tasks to dissatisfaction or rage over the team's performance or procedure. The most challenging and important stage to go through is the storming stage. As distinct personalities begin to form, this is a time of strife and competitiveness. As energy is diverted to ineffective activities during this phase, team performance may actually decline.
Learn more about storming here
https://brainly.com/question/14287484
#SPJ4
