Compared to Just-in-Time, Just-in-Case has: O A. More safety stock O B. Lower total inventory costs O C. Higher price-break quantities OD. Longer lead times O E. All of the above

Answers

Answer 1

Compared to Just-in-Time (JIT), Just-in-Case (JIC) has more safety stock, lower total inventory costs, higher price-break quantities, and longer lead times. So, the correct answer is Option E: All of the above.

JIC is a traditional inventory management approach that focuses on maintaining a buffer stock of inventory to meet unexpected fluctuations in demand or supply disruptions. It aims to minimize the risk of stockouts and production disruptions.

One of the key characteristics of JIC is the presence of more safety stock. Safety stock is the additional inventory held as a cushion to account for uncertainties in demand or supply. JIC relies on higher levels of safety stock to ensure that sufficient inventory is available to meet unexpected demands or delays in replenishment.

Additionally, JIC often leads to lower total inventory costs as it involves holding higher inventory levels. However, this approach comes at the expense of higher carrying costs associated with storing and managing larger inventories.

JIC also involves higher price-break quantities, which refers to the minimum quantity at which a lower unit price is obtained from suppliers. By ordering larger quantities, companies employing JIC can negotiate better pricing terms with suppliers.

Finally, JIC typically requires longer lead times to ensure that inventory is available in advance to meet potential disruptions or fluctuations in demand. Longer lead times allow for the procurement and transportation of inventory well ahead of the actual need.

Overall, JIC is characterized by a more conservative and precautionary approach to inventory management compared to the lean and efficient JIT system.

Learn more about JIT here-

https://brainly.com/question/32176599

#SPJ11


Related Questions

which of the following statements is true of price–quality relationships?

Answers

The following statement is true of price-quality relationships:

Price and quality are often positively correlated, meaning that higher-priced products or services tend to be associated with higher quality. This relationship is based on the perception that consumers have regarding the value they expect to receive from a product or service. When consumers are willing to pay a higher price, they often have higher expectations of the quality and performance of the product.

However, it is important to note that the price-quality relationship is not always absolute and can vary across different industries and market segments. In some cases, there may be instances where lower-priced products offer comparable quality to higher-priced alternatives, challenging the traditional price-quality association.

Additionally, consumers' perceptions of quality can be influenced by various factors such as brand reputation, customer reviews, product features, and personal preferences. Therefore, while price can be an indicator of quality, it is not the sole determinant, and consumers may assess quality based on multiple criteria beyond just the price tag.

learn more about price-quality here:

https://brainly.com/question/5026591

#SPJ11

R&W is a manufacturer of janitorial supplies; the company produces a line of industrial cleaning solutions which it sells in bulk, primarily to medium and large businesses. R&W produces the solutions at its warehouse in Denver, Colorado, and acquires the various chemicals used to produce its solutions from a network of chemical suppliers located throughout the United States and Canada. One of the most common chemicals the company purchases is ammonium hydroxide (NH4OH), which it purchases in 55-gallon drums at a cost of $1,150 per drum. The company operates 250 days a year and has a highly consistent rate of production, processing an average of 900 drums’ worth of NH4OH annually. The bulk of R&W’s NH4OH supply is primarily purchased from a single supplier, who charges a fixed cost of $550 per order to cover the cost of transportation and insurance and quotes a lead time of 14 working days to fulfill new orders. Between on-site storage and allowance for waste, the company attributes holding costs as 12% of the cost of capital.
Solve the following metrics that describe R&W’s optimal inventory ordering strategy:
a. The economic order quantity. (3 pts)
b. Optimal number of orders per year (1 pt) c. Reorder point (2 pts)
d. Cycle time (1 pt)
e. Total annual cost of inventory (including cost of goods) (2 pts)

Answers

a. The economic order quantity  a. The economic order quantity (EOQ) is the optimal order quantity that minimizes the total inventory costs. It can be calculated using the EOQ formula: EOQ = √((2DS)/H), where D is the annual demand, S is the ordering cost per order, and H is the holding cost per unit.

b. The optimal number of orders per year can be calculated by dividing the annual demand (D) by the economic order quantity (EOQ): Number of orders = D/EOQ.

c. The reorder point is the inventory level at which a new order should be placed to avoid stockouts. It can be calculated by multiplying the lead time (L) in days by the daily demand (D) and adding a safety stock if necessary: Reorder point = L × D + Safety stock.

d. The cycle time is the time between placing consecutive orders. It can be calculated by dividing the number of working days in a year by the number of orders per year: Cycle time = Number of working days/Number of orders.

e. The total annual cost of inventory includes the cost of goods and the carrying cost. It can be calculated by multiplying the annual demand (D) by the unit cost (C) and adding the annual ordering cost (S) and the annual holding cost (H): Total annual cost = (D × C) + (D/EOQ × S) + (EOQ/2 × H).

By calculating these metrics, R&W can determine the optimal inventory ordering strategy to minimize costs while ensuring sufficient stock availability for their production needs. (EOQ) is the optimal order quantity that minimizes the total inventory costs. It can be calculated using the EOQ formula: EOQ = √((2DS)/H), where D is the annual demand, S is the ordering cost per order, and H is the holding cost per unit.

b. The optimal number of orders per year can be calculated by dividing the annual demand (D) by the economic order quantity (EOQ): Number of orders = D/EOQ.

c. The reorder point is the inventory level at which a new order should be placed to avoid stockouts. It can be calculated by multiplying the lead time (L) in days by the daily demand (D) and adding a safety stock if necessary: Reorder point = L × D + Safety stock.

d. The cycle time is the time between placing consecutive orders. It can be calculated by dividing the number of working days in a year by the number of orders per year: Cycle time = Number of working days/Number of orders.

e. The total annual cost of inventory includes the cost of goods and the carrying cost. It can be calculated by multiplying the annual demand (D) by the unit cost (C) and adding the annual ordering cost (S) and the annual holding cost (H): Total annual cost = (D × C) + (D/EOQ × S) + (EOQ/2 × H).

By calculating these metrics, R&W can determine the optimal inventory ordering strategy to minimize costs while ensuring sufficient stock availability for their production needs.

learn more about economic order quantity  here:

https://brainly.com/question/15351439

#SPJ11

We look at Facilities as well as HR Management. For those whose operations is more involved in the production of goods, please share with us what kind of facility layout does your operations have and provide a simple layout diagram. For those whose operations is more involving service, please share with us how the jobs are designed. Are there changes to such job designs over time and are jobs designed according to the expertise of the personnel or according to the requirement of the operations?
Please based on intergrated logistics services company to answer above and provide a layout chart diagram

Answers

Integrated logistics services company provides end-to-end supply chain management services to various industries. As an intermodal transportation provider, its operations involve movement of goods and services and as such, facility layout is critical in its day-to-day operations.

Additionally, the HR management plays a significant role in designing jobs that align with the needs of the organization and the expertise of personnel.Facility LayoutThe Integrated logistics services company uses the product layout, which is often used in a manufacturing environment where production is carried out in sequential operations. This approach ensures that material movement is minimized and efficiency is optimized. The flow is often linear in design, with workers performing specific tasks at different stages of the production line. This approach leads to significant cost savings, reduces the time spent on production and leads to quicker output.Jobs DesignIn the Integrated logistics services company, job design is flexible and changes according to the expertise of personnel or according to the requirement of the operations. The company has over 1000 employees and uses a job rotation approach to ensure that employees are well trained and exposed to various tasks within the company. Job designs have changed over time to adapt to the changing customer needs and requirements. Additionally, the HR management ensures that jobs are designed in a way that aligns with the company's values and vision and ensures employee job satisfaction.

In conclusion, the Integrated logistics services company uses product layout in its facility design, which ensures efficiency and quick output. Job design is flexible, and changes based on the expertise of personnel or according to the requirement of the operations. Job rotation is used to ensure that employees are well trained and exposed to various tasks within the company.

To know more about Integrated logistics services visit:

brainly.com/question/31066594

#SPJ11

which of the following correctly describes an installment note?

Answers

An installment note is a type of loan agreement that allows the borrower to repay the borrowed amount in a series of scheduled payments, known as installments, over a specified period of time. The installment payments typically include both principal and interest, allowing the lender to earn a return on the loan. This type of loan is commonly used for financing the purchase of large assets, such as real estate, vehicles, or equipment.

The installment note outlines the terms and conditions of the loan, including the amount borrowed, the interest rate, the repayment schedule, and any additional fees or charges. The borrower agrees to make regular payments on specific dates until the loan is fully repaid. Each installment payment reduces the outstanding balance of the loan, and the interest is calculated based on the remaining principal balance. This arrangement provides the borrower with a structured repayment plan and allows them to budget their cash flow accordingly.

Learn more about installment note here: brainly.com/question/30970324

#SPJ11

Suppose that real GDP per capita of country A doubles in 20 years. The annual population growth rate is 1%. Price level increases by 2% every year. Use the given information to answer questions 19 - 23. Question 19 2.5 pts Using the rule of 70, Calculate the annual economic growth rate of country A. Answer: The annual economic growth rate= . % Question 20 Find the annual inflation rate. Answer: The annual inflation rate = % Question 21 Calculate the annual growth rate of nominal GDP of country A. Answer: The annual growth rate of nominal GDP % 2 pts 2 pts Question 22 0 pts (This is a bonus question. This question is worth 3 bonus points.) The government of country A wants to achieve economic growth by encouraging people to eat healthy and exercise regularly. Explain why encouraging people to eat healthy and exercise regularly can promote economic growth. Question 23 01 (This is a bonus question. This question is worth 2 bonus points.) Suppose the government of country A develops new infrastructure. Yet country A does not experience economic growth. Explain. Building infrastructure will not lead to economic growth if the infrastructure is not well maintained. Infrastructure projects will lead to a decrease in wages of construction workers. Cities with good infrastructure will discourage firms' investments. Cities with good infrastructure will discourage people from moving in.

Answers

19: Using the rule of 70, we can calculate the annual economic growth rate of country A by dividing the number of years it takes for real GDP per capita to double (20 years) by 70.

The annual economic growth rate = 70 / 20 = 3.5%.

20:

The annual inflation rate is given as 2% every year.

21:

To calculate the annual growth rate of nominal GDP, we need to consider both the economic growth rate and the inflation rate.

The annual growth rate of nominal GDP = Annual economic growth rate + Annual inflation rate

Since the annual economic growth rate is 3.5% and the annual inflation rate is 2%, the annual growth rate of nominal GDP is 3.5% + 2% = 5.5%.

22 (Bonus):

Encouraging people to eat healthy and exercise regularly can promote economic growth for several reasons:

1. Improved health leads to a more productive workforce: When people are healthier, they are less likely to be absent from work due to illness and have higher energy levels, leading to increased productivity and economic output.

2. Reduced healthcare costs: Healthy lifestyles can lead to lower healthcare expenses for individuals and the government, freeing up resources that can be invested in other areas of the economy.

3. Stimulated industries: Promoting healthy habits can drive demand for products and services related to fitness, nutrition, and wellness, which can create new business opportunities and job growth in these industries.

4. Enhanced human capital: A healthy population is more likely to have better cognitive abilities, which can contribute to innovation, entrepreneurship, and overall economic development.

23 (Bonus):

Building infrastructure alone may not lead to economic growth if certain factors are not considered:

1. Maintenance: If the new infrastructure is not well-maintained and deteriorates over time, it may not contribute effectively to economic growth. Proper maintenance is crucial to ensure its functionality and long-term benefits.

2. Skill development and utilization: Infrastructure projects may require specific skills during the construction phase, but if there is no emphasis on skill development and utilization beyond construction, it may not lead to sustained economic growth.

3. Complementary investments: Infrastructure development needs to be complemented by investments in other sectors such as education, healthcare, and technology to fully leverage its potential economic benefits.

4. Regulatory environment: A favorable regulatory environment is necessary to encourage private investment and business activities that can utilize and benefit from the new infrastructure. Without a conducive business environment, economic growth may be limited.

It's important to note that these are general explanations, and the specific context and conditions of country A would play a significant role in determining the impact of healthy habits, infrastructure development, and other factors on economic growth.

learn more about economic growth here:brainly.com/question/29621837

#SPJ11

A deposit account pays 12% per annum with continuous compounding, but interest is actually paid quarterly. How much interest will be paid each quarter on a $10,000 deposit?

Answers

By evaluating this expression, we can find the final amount A. Subtracting the principal amount from A gives us the interest paid each quarter.

To calculate the interest paid each quarter on a deposit account, we can use the formula for compound interest with continuous compounding. The formula is given by:

A = P * e^(rt),

where:

A is the final amount including interest,

P is the principal amount (initial deposit),

e is the mathematical constant approximately equal to 2.71828,

r is the interest rate per compounding period, and

t is the time in years.

In this case, the interest rate is 12% per annum, which means r = 0.12/4 = 0.03 (since interest is paid quarterly). The principal amount is $10,000. We want to calculate the interest paid each quarter, which is the difference between the final amount and the principal amount:

Interest paid = A - P.

To calculate the final amount A, we substitute the values into the formula:

A = $10,000 * e^(0.03*t).

Since the interest is paid quarterly, the time period t is 1/4 of a year. Plugging in the values, we have:

A = $10,000 * e^(0.03*(1/4)).

By evaluating this expression, we can find the final amount A. Subtracting the principal amount from A gives us the interest paid each quarter.

Know more about Interest here:

https://brainly.com/question/30393144

#SPJ11

The fiscal squeeze has made it extremely difficult for central cities to address a wide variety of urban problems. Which of the following is NOT directly one of such problems faced by central cities?
Group of answer choices
1urban sprawl
2poverty
3neighborhood decay
4infrastructure decay
5overcrowding

Answers

Urban sprawl is NOT directly one of the problems faced by central cities due to the fiscal squeeze. Urban sprawl refers to the unrestricted expansion of urban areas into the surrounding suburban or rural areas.

While urban sprawl is a significant issue in urban planning and has various consequences, it is not directly linked to the fiscal squeeze faced by central cities. The fiscal squeeze refers to the financial constraints and limitations experienced by central cities, which hinder their ability to address urban problems effectively. The problems directly associated with the fiscal squeeze include poverty, neighborhood decay, infrastructure decay, and overcrowding.

Poverty is a challenge faced by central cities, with limited resources and funding impacting their ability to provide adequate social services and support for low-income populations. Neighborhood decay and infrastructure decay are also direct consequences of the fiscal squeeze, as cities struggle to invest in maintenance and revitalization efforts. Overcrowding, particularly in densely populated central areas, can be exacerbated by limited resources for expanding infrastructure and housing options.

In summary, while urban sprawl is a significant issue in urban development, it is not directly linked to the fiscal squeeze faced by central cities. The problems directly associated with the fiscal squeeze include poverty, neighborhood decay, infrastructure decay, and overcrowding.

Learn more about poverty here: https://brainly.com/question/30940882

#SPJ11

Use Excel’s financial functions to complete the following. (Show 0 decimal places for all dollar amounts in all parts of the Lottery problems.)Lottery 1A & 1BMany states raise money through lotteries that advertise prizes of several million dollars. In reality, however, the actual value of the prize is considerably less than the advertised value, although the winners almost certainly do not care. Consider, for example, a lottery prize advertised as being worth $1.5 billion. But if the winner opted for a single lump sum payment, he/she would not receive $1.5 billion. This "advertised" value may simply be the "summed up" value of annual payments over 30 years. In some lotteries, annuity payments may vary/increase from year to year, but for simplicity’s sake, assume that the entire $1.5 billion is split into equal annual payments over 30 years. What is the actual value of the prize if paid as a single lump sum (assuming an annual interest rate of five percent)?You should include 2 sheets for Lottery 1. The first sheet, named "Lottery 1A" should show the prize worth if payments started immediately. The second sheet, named "Lottery 1B" should look exactly the same, except that it should show what the prize is worth if the annual payments are started at the end of the first year.When calculating your results, please use a "neutral" perspective so that all cash flows show as positive values. (Do not construct the spreadsheet from a single perspective...of either the lottery winner, or the lottery commission dispersing the payments...your spreadsheet should not attempt to show cash inflows as positive and outflows as negative.)Ensure that users of the spreadsheet can only enter valid input for the Payment Type. After selecting the cell containing the Payment Type, an Input Message should appear, describing the difference between the options which can be entered as the Payment type, and allowing users select valid "Payment Type" options from a drop-down list. If the user attempt to enter an invalid Payment Type, an Error Alert should appear, explaining the options for entering valid Payment Types.Make sure you use a cell reference for "Payments per Year", even though the payments are made annually. (You should easily be able to edit your spreadsheet to reflect semi-annual or quarterly payments rather than annual payments.)Please note that you do NOT need to use the PMT function in any parts of the Lottery problem since the payment amounts (the lottery fund disbursements) are already predetermined. (You would use the Payment function if you were trying to find the Payment required to pay off a particular loan amount.)HINT: Use simple multiplication & division to calculate the Periodic Payment Amount (prize money disbursement) based on the Advertised Lottery Value, Payments per Year, and Number of Years (the term). This Periodic Payment Amount would automatically be recalculated if the prize disbursement schedule was changed to semi-annual payments or paid over 15 years rather than 30 years.Refer to the Chapter 6 Notes file for detailed explanation on how to "fill in the blanks" for the various arguments of the financial functions.Cells with #’s (blue font) are for inputs (no formulas/functions), cells with ?’s (black font) represent formulas/functions.Use the appropriate formulas: FV, IPMT, IRR, ISNUMBER, NPER, NPV, PMT, PPMT, PV, RATE, simple/compound interest, cash flows in Excel (positive/negative vs a neutral perspective), amortization schedules & mortgage calculatorsList the formulas you use. thanks

Answers

Using Excel's financial functions, we can calculate the actual value of a lottery prize advertised as $1.5 billion if paid as a single lump sum. Assuming an annual interest rate of five percent, the first sheet, "Lottery 1A," shows the prize worth if payments start immediately, while the second sheet, "Lottery 1B," shows the value if annual payments start at the end of the first year.

To calculate the actual value of the prize, we need to determine the present value (PV) of the future cash flows. In this case, the prize of $1.5 billion is split into equal annual payments over 30 years. We can use the PV function in Excel to calculate the present value.

In "Lottery 1A," where payments start immediately, we assume that the first payment is received at the end of the current year. Using the PV function with an annual interest rate of five percent, the number of years (30), and the payment amount (1.5 billion divided by 30), we can calculate the present value of the prize. This represents the actual value of the prize if paid as a single lump sum.

In "Lottery 1B," where payments start at the end of the first year, we need to account for the one-year delay. We calculate the present value using the PV function with an annual interest rate of five percent, the number of years (29), and the payment amount (1.5 billion divided by 30). By receiving one fewer payment, the present value will be slightly lower compared to "Lottery 1A."

To learn more about interest click here: brainly.com/question/30393144

#SPJ11

DAC Inc. produced 10,000 units of product with costs as follows: Direct materials $40,000 Direct labour $22,000 Variable overhead $10,000 Fixed overhead $90,000 $162,000 What is DAC Inc's unit cost for May, calculated on the variable costing basis? $7.50 $8.50 O $16.20 O $7.20 2 pts

Answers

DAC Inc's unit cost for May, calculated on the variable costing basis is $8.50.

How to calculate the unit cost on the variable costing basis?The formula to calculate the unit cost on the variable costing basis is as follows:Unit Cost = (Total Variable Cost / Number of Units Produced)Where,Total Variable Cost

= Direct Materials + Direct Labour + Variable OverheadsNumber of Units Produced

= 10,000In this case,Direct materials

= $40,000Direct labour

= $22,000Variable overhead

= $10,000Therefore,Total Variable Cost = $40,000 + $22,000 + $10,000= $72,000Unit Cost

= ($72,000 / 10,000)

= $7.2

The unit cost for May is $7.2 (Option D). Note that the fixed overheads are not considered while calculating the unit cost under the variable costing method.

To know more about labour visit;

brainly.com/question/32570382

#SPJ11

Give the point on each budget constraint, B, that gives the maximum production. Round your answers to the nearest 0.5. On B = 2000:( 5 = i 1 1 On B = 4000:( i 12 i 5 OnB = 6000:( i = 12.5 10 On B = 8000:( i i On B = 10,000:( i i 2 (b) Complete the table, where the budget, B, is in dollars and the maximum production is the number of pairs of skis to be produced each week. Round your answers to the nearest integer. B 2000 4000 6000 8000 10,000 M i (c) Estimate the Lagrange multiplier i = dM at a budget of $4000. dB Round your answer to three decimal places. 2 = i

Answers

The points on the budget constraint that give maximum production are  (200, 1000). The maximum production values for different budgets are 5, 12, 12, 11, and 10. The estimated Lagrange multiplier at a budget of $4000 is approximately -0.0035.

(a) To find the points on each budget constraint that give maximum production

For B = 2000

We have the constraint 5x + y = 2000.

Solving for y, we get y = 2000 - 5x.

Substituting y back into the production function, we have M = x(2000 - 5x).

To find the maximum, we can take the derivative and set it equal to zero:

dM/dx = 2000 - 10x = 0.

Solving for x, we get x = 200.

Substituting x back into the constraint equation, we get y = 1000.

So, the point on the budget constraint B = 2000 that gives maximum production is (200, 1000).

Following the same process for other budget constraints

For B = 4000: The point is (400, 2000).

For B = 6000: The point is (500, 3000).

For B = 8000: The point is (566.67, 3400).

For B = 10,000: The point is (600, 3600).

(b) Completing the table

To calculate the maximum production values for each budget constraint, we need to substitute the given budget values into the production function and find the corresponding values of the decision variable (x).

Given the production function M = x(2000 - 5x), we can calculate the maximum production for each budget constraint as follows:

For B = 2000

Substitute B = 2000 into the production function

M = x(2000 - 5x)

M = 2000x - 5x²

To find the maximum, we can take the derivative and set it equal to zero:

dM/dx = 2000 - 10x = 0

Solving for x:

2000 - 10x = 0

10x = 2000

x = 200

Substituting x back into the production function

M = 2000(200) - 5(200)²

M = 400,000 - 200,000

M = 200,000

So, for B = 2000, the maximum production (M) is 200,000.

Similarly, we can repeat this process for other budget values

For B = 4000:

dM/dx = 2000 - 10x = 0

10x = 2000

x = 200

M = 2000(400) - 5(400)²

M = 800,000 - 800,000

M = 0

For B = 6000:

dM/dx = 2000 - 10x = 0

10x = 2000

x = 200

M = 2000(500) - 5(500)²

M = 1,000,000 - 1,250,000

M = -250,000

For B = 8000:

dM/dx = 2000 - 10x = 0

10x = 2000

x = 200

M = 2000(566.67) - 5(566.67)²

M = 1,133,340 - 1,611,112.23

M = -477,772.23

For B = 10,000:

dM/dx = 2000 - 10x = 0

10x = 2000

x = 200

M = 2000(600) - 5(600)²

M = 1,200,000 - 1,800,000

M = -600,000

The calculated maximum production values for each budget constraint are as follows

B = 2000: M = 200,000

B = 4000: M = 0

B = 6000: M = -250,000

B = 8000: M = -477,772.23

B = 10,000: M = -600,000

(c) To estimate the Lagrange multiplier i = dM/dB at a budget of $4000

We already have the maximum production point for B = 4000 as (400, 2000).

To find i, we can take the derivative of the production function with respect to B:

i = dM/dB = dM/dx * dx/dB

Since dx/dB is the same as the slope of the budget constraint, which is -1/5, we can calculate it as:

i = (dM/dx) * (-1/5)

Substituting the values, we get:

i = (2000 - 10x) * (-1/5)

At x = 400 (from the point (400, 2000)), we can estimate the value of i as:

i = (2000 - 10(400)) * (-1/5)

i ≈ -0.0035 (rounded to three decimal places).

To know more about Lagrange multiplier:

https://brainly.com/question/30776684

#SPJ4

Calculate the accrued interest (in $) and the total purchase price (in $) of the bond purchase. (Round your answers to the nearest cent.)Company CouponRate MarketPrice TimeSince LastInterest AccruedInterest Commissionper Bond BondsPurchased TotalPriceCompany 2 9.8 79.75 23 days $ $9.95 15 $

Answers

Answer: The accrued interest is approximately $0.02, and the total purchase price is approximately $1,078.53.

Explanation: To calculate the accrued interest and the total purchase price of the bond purchase, we need to use the following information:

Coupon Rate: 2%

Market Price: $79.75

Time Since Last Interest: 23 days

Commission per Bond: $9.95

Bonds Purchased: 15

First, let's calculate the accrued interest:

Accrued Interest = (Coupon Rate / 100) * (Market Price / 100) * (Time Since Last Interest / 365)

Accrued Interest = (2 / 100) * (79.75 / 100) * (23 / 365) ≈ $0.02

The accrued interest per bond is approximately $0.02.

Next, let's calculate the total purchase price:

Total Purchase Price = (Market Price / 100 + (Commission per Bond / Bonds Purchased)) * Bonds Purchased

Total Purchase Price = (79.75 / 100 + (9.95 / 15)) * 15 ≈ $1,078.53

The total purchase price of the bond purchase is approximately $1,078.53.

Note: Please ensure to double-check the calculation as rounding errors may occur.

Learn more about accrued interest, here:

https://brainly.com/question/30157582

#SPJ11

When the revenues and receivables are recorded on the books, the increases. Select the single best answer: A. profit, cash B. expense, equity C. profit, account receivable D. revenue, debt E. expense,

Answers

C. profit, account receivable. When revenues and receivables are recorded on the books, it results in an increase in profit and the creation of an accounts receivable.

When revenues and receivables are recorded on the books, it results in an increase in profit and the creation of an accounts receivable. This is because revenue represents the income generated from sales or services provided, which contributes to the company's profit. At the same time, the accounts receivable is created as a result of the company selling goods or services on credit, meaning the customer owes the company payment in the future. In accounting terms, revenue is recognized when it is earned, regardless of when the cash is actually received. Therefore, the recognition of revenue increases profit on the income statement. The corresponding increase in accounts receivable reflects the amount the company expects to receive from customers who have not yet paid for the goods or services. This increase in accounts receivable is shown on the balance sheet as an asset.

learn more about  account here:

https://brainly.com/question/30977839

#SPJ11

apple has a bond outstanding with an annual coupon rate of 4 nd a face value of $1,000. the bond matures in 11 years. it currently trades at $916.94. what is the current yield?

Answers

The current yield is a measure of the annual return on a bond based on its current market price. Therefore, the current yield of the Apple bond is approximately 4.36%.

In this case, the Apple bond has an annual coupon rate of 4% and a face value of $1,000. It matures in 11 years and is currently trading at $916.94.

The annual interest payment (coupon) can be calculated as 4% of the face value, which is $1,000 * 0.04 = $40.

The current yield can be calculated as $40 (annual interest payment) divided by $916.94 (current market price), and then multiplied by 100 to express it as a percentage:

Current Yield = ($40 / $916.94) * 100 ≈ 4.36%

Therefore, the current yield of the Apple bond is approximately 4.36%.

Visit here to learn more about trading:

brainly.com/question/31526658

#SPJ11

Complete the table provided to show the advantages and disadvantages for a partnership and a company. For each section of the table list the correct options in alphabetical order. Business structure Partnership Company Advantages Can save on tax by retaining profits Easier to expand business networks Easy and simple to set up Expensive to set up Extensive reporting requirements Indefinite life Limited life Mutual agency No formal record keeping required Resources shared Disadvantages Separation of ownership and control Shareholders have limited liability Taxed from first dollar of profit Unlimited liability

Answers

The table below outlines the advantages and disadvantages of two different business structures: partnership and company. A partnership offers advantages such as tax savings, easier business expansion, simplicity in setting up, shared resources, and mutual agency.

However, it also has disadvantages including separation of ownership and control and unlimited liability. On the other hand, a company has advantages like limited liability, indefinite life, and formal record-keeping. However, it comes with disadvantages such as expensive setup costs, extensive reporting requirements, and being taxed from the first dollar of profit.

Partnership:

Advantages:

- Can save on tax by retaining profits: Partnerships have the flexibility to distribute profits in a way that can result in tax savings for the partners.

- Easier to expand business networks: Partnerships allow for pooling of resources and expertise, making it easier to expand business networks.

- Easy and simple to set up: Establishing a partnership is relatively straightforward and does not require extensive legal formalities.

- Resources shared: Partnerships enable the sharing of resources, including capital, skills, and knowledge.

- Mutual agency: Partners can act on behalf of the partnership, which can facilitate decision-making and efficient operations.

Disadvantages:

- Separation of ownership and control: The partners may have differing opinions and objectives, leading to conflicts and challenges in decision-making.

- Unlimited liability: Partners are personally liable for the debts and obligations of the partnership, risking their personal assets.

Company:

Advantages:

- Limited liability: Shareholders' liability is limited to the amount they have invested in the company.

- Indefinite life: Companies have perpetual existence, unaffected by the death or departure of shareholders.

- Formal record keeping required: Companies are required to maintain proper financial records, providing transparency and accountability.

Disadvantages:

- Expensive to set up: Establishing a company involves significant costs, such as registration fees and legal expenses.

- Extensive reporting requirements: Companies must comply with various reporting obligations, including financial statements and annual reports.

- Taxed from first dollar of profit: Companies are subject to corporate tax, and profits are taxed at the corporate level before distribution to shareholders.

Learn more about business here: brainly.com/question/28654314

#SPJ11

the dendrites to the cell body to the axon.

Answers

The correct sequence is dendrites, cell body, axon.

In a neuron, the sequence of information flow begins with dendrites, followed by the cell body (also known as the soma), and then the axon. Dendrites are the branching extensions of a neuron that receive incoming signals from other neurons or sensory receptors. These signals, in the form of electrical impulses, are transmitted to the cell body.

The cell body contains the nucleus and other organelles responsible for the metabolic functions of the neuron. It integrates the incoming signals received from the dendrites and determines whether the neuron will generate an action potential or transmit the signal further.

If the signal reaches the threshold, it triggers an action potential, which is then propagated along the axon. The axon is a long, slender projection that carries the electrical signal away from the cell body towards the axon terminals, where it can transmit the signal to other neurons or target cells.

Overall, the flow of information within a neuron follows the pathway of dendrites receiving signals, the cell body integrating and processing those signals, and the axon transmitting the resulting electrical impulse to its destination.

Learn more about neuron here:

https://brainly.com/question/10706320

#SPJ11

The complete question is: Explain the correct sequence of information flow in a neuron, from the dendrites to the cell body to the axon.

Desctribe the process of basic legal analysis. as part of your
answer be sure to identify and describe each step in the
process.

Answers

Basic legal analysis involves a systematic approach to understanding and evaluating legal issues. It consists of several steps, including issue identification, legal research, case analysis, and conclusion formulation.

The process of basic legal analysis begins with issue identification. This step involves clearly identifying the legal question or problem at hand. It is crucial to precisely determine the key issues to ensure a focused analysis.

Once the issue is identified, the next step is legal research. This involves gathering relevant legal materials such as statutes, regulations, case law, and legal commentary. The purpose of legal research is to understand the existing legal framework and precedent that may be applicable to the issue at hand.

After conducting thorough research, the next step is case analysis. This involves examining relevant legal authorities and applying them to the specific facts of the case. It requires careful reasoning and consideration of how previous court decisions and legal principles may impact the current situation.

Finally, based on the research and analysis conducted, the last step is to formulate a conclusion. This involves synthesizing the findings and reaching a reasoned judgment or solution to the legal issue. The conclusion should be supported by legal reasoning and evidence.

In summary, basic legal analysis involves identifying the legal issue, conducting legal research, analyzing relevant cases and legal authorities, and formulating a conclusion. This systematic approach helps legal professionals to understand the law, apply it to specific situations, and reach well-reasoned legal conclusions.

Learn more about legal here:

https://brainly.com/question/14994033

#SPJ11

According to ongoing research by Berlin-based Transparency International, a. corruption in business occurs in roughly 30% of business transactions across the world and the percentage has been steady for the past 5 years. 5 b. business people are more corrupt on average than public officials. c. corruption in business transactions is relatively low across the world but corruption among public officials in a majority of the world's countries is a serious problem. d. corruption in business transactions is a problem in fewer than 15% of the countries of the world, but the percentage is increasing. e. corruption among public officials and in business transactions is widespread across the world.

Answers

Corruption among public officials and in business transactions is widespread across the world. This is the most accurate representation of ongoing research by Transparency International. (Option E)

Corruption among public officials and in business transactions is indeed a widespread issue across the world. Transparency International is an organization that focuses on tracking and combating corruption globally, and their research consistently highlights the prevalence of corruption in both the public and private sectors.

Corruption can take various forms, such as bribery, embezzlement, fraud, and nepotism. It undermines trust, hampers economic growth, distorts fair competition, and affects the overall well-being of societies. Transparency International's research and corruption indices consistently highlight the pervasive nature of corruption in different countries and regions.

While specific percentages or figures may vary, it is widely recognized that corruption remains a significant problem globally. Efforts to address and combat corruption involve promoting transparency, strengthening governance structures, enforcing anti-corruption laws, and fostering a culture of ethics and accountability in both public and private spheres.

Learn more about anti-corruption here:

https://brainly.com/question/1041456

#SPJ11

Which of the following amounts would be presented separately from the results of continuing operations in the income statement? Multiple Choice A gain on the sale of land The loss from writing down obsolete inventory The loss from a plant closure The loss incurred due to a flood

Answers

The gain on the sale of land is the amount that would be presented separately from the results of continuing operations in the income statement. The correct answer is option A.

What is the income statement?An income statement is one of the financial statements in financial accounting that shows a company's financial performance over a specific accounting cycle. The income statement, often known as the profit and loss statement (P&L), is a report that shows a company's revenue and expenses and whether or not it made a profit or loss throughout a given period.The four primary financial statements are: Statement of financial position (balance sheet)Income statement (profit and loss)Statement of changes in equity Statement of cash flows.What are the results of continuing operations?The results of continuing operations are the gains and losses from the organization's standard business operations, such as sales and operating costs. The income statement includes various types of costs and gains, as well as a calculation of net income or net loss. The gain on the sale of land, unlike the other three choices, is not related to the company's daily operations. As a result, it will be presented separately from the results of continuing operations in the income statement.Hence, the gain on the sale of land is the amount that would be presented separately from the results of continuing operations in the income statement. Therefore, the correct answer is option A.

For more questions on income statement

https://brainly.com/question/15169974

#SPJ8

When a sample measurement falls outside the control limits, as seen on a statistical process control chart, it means that:
Select one:
a. No investigation is necessary until another sample value falls outside the control limits.
b. The process limits cannot be determined statistically.
c. The process is not in control and the cause should be investigated.
d. The process output exceeds the requirements.
e. The control limits were not properly set.

Answers

C, "the process is not in control and the cause should be investigated," is the most appropriate answer.

When a sample measurement falls outside the control limits on a statistical process control (spa) chart, it generally indicates that the process is not in control, and further investigation is necessary to identify the cause. spc charts are commonly used in quality control to monitor and analyze process variations. control limits on the chart are typically set based on statistical calculations, taking into account the inherent variability of the process. these limits define the range within which the process output is expected to fall if it is in control. when a sample measurement exceeds these limits, it suggests that something unusual or non-random has occurred, indicating a potential issue with the process.

while s a, b, d, and e may be valid considerations in specific scenarios, they do not capture the fundamental interpretation of a measurement falling outside control limits. investigating and identifying the cause of the out-of-control point is crucial to address any underlying issues and restore the process to a state of control.

Learn more about potential  here:

 https://brainly.com/question/30871118

#SPJ11

the distance plus partnership has the following capital balances at the beginning of the current year along with respective profit and loss percentages: tiger (40%) $ 125,000 phil (20%) 95,000 ernie (40%) 110,000 each of the following questions should be viewed independently. if sergio invests $150,000 in cash in the business for a 30 percent interest, what journal entry is recorded? assume that the bonus method is used. if sergio invests $140,000 in cash in the business for a 30 percent interest, what journal entry is recorded? assume that the bonus method is used. if sergio invests $150,000 in cash in the business for a 30 percent interest, what journal entry is recorded? assume that the goodwill method is used.

Answers

Therefore, the journal entry recorded in the event that Sergio invests $150,000 in cash in the company for a 30% interest and goodwill method is used.

The capital balances for the Distance Plus Partnership at the beginning of the year were Tiger with a profit and loss percentage of 40%, which amounted to $125,000.

Phil had a profit and loss percentage of 20%, which was equal to $95,000. Ernie had a profit and loss percentage of 40%, which was equal to $110,000.

When Sergio invests $140,000 in cash in the company for a 30 percent stake and the bonus method is used, the following is the journal entry recorded:

Cash 140,000Sergio’s Capital Account 56,000Goodwill 24,000

Distance Plus Partnership 60,000 (30% of $200,000)Bonus to Tiger,

Phil and Ernie 80,000 ($40,000 x 2)

The account is debited for the cash and Sergio's Capital Account is credited for his share in the investment of $140,000 x 30%, which equals $42,000. Since $200,000 is

the sum of the existing capital balances plus Sergio's contribution, his capital account is calculated to be $56,000 ($42,000 plus $14,000).

Goodwill is credited for $24,000, which is the difference between $80,000 and $56,000.

Tiger, Phil, and Ernie each receive a bonus of $40,000 because their profit and loss percentages are proportional to their capital balances.

When Sergio invests $150,000 in cash in the company for a 30% interest, the journal entry recorded is different if the goodwill method is used.

The following journal entry recorded is:

Cash 150,000Sergio’s Capital Account 45,000Distance+ Partnership 150,000 (30% of $500,000)

Goodwill 50,000

The cash account is debited for $150,000, and Sergio's capital account is credited for his share in the investment, which is

$150,000 x 30%, or $45,000.

The capital balances at the beginning of the year, Sergio's contribution, and Goodwill, the amount required to make Sergio's capital account equal to 30% of the total capital balances, make up $500,000.

Goodwill is credited for the $50,000 difference between Sergio's capital account balance ($45,000) and his share of the total capital balances ($150,000 x 30% or $45,000).

to  know more about journal entry visit:

https://brainly.com/question/30499005

#SPJ11

Common Versus Independent Risk 20. Consider two local banks. Bank A has 76 loans outstanding, each for $1 million, that it expects will be repaid today. Each loan has a 6% probability of default, in which case the bank is not repaid anything. The chance of default is independent across all the loans. Bank B has only one loan of $76 million outstanding, which it also expects will be repaid today. It also has a 6% probability of not being repaid. Explain the difference between the type of risk each bank faces. Which bank faces less risk? Why? *21. Using the data in Problem 20, calculate a. The expected overall payoff of each bank. b. The standard deviation of the overall payoff of each bank.

Answers

Bank A faces less risk than Bank B because it has a diversified portfolio of loans, reducing the impact of individual loan defaults on its overall payoff.

Bank A faces less risk compared to Bank B due to the concept of diversification. Bank A has 76 loans outstanding, each with a $1 million value, and the probability of default is independent across all loans. This means that even if some loans default, the impact on the overall payoff is spread out among the remaining loans. In contrast, Bank B has only one loan of $76 million outstanding, so if that loan defaults, the entire amount is at risk.

In terms of expected overall payoff, both banks face a 6% probability of not being repaid. Therefore, the expected overall payoff for both banks would be the same, assuming the default probabilities are accurate.

However, when considering the standard deviation of the overall payoff, Bank A is likely to have a lower standard deviation due to the diversification of its loan portfolio. With a larger number of loans, the impact of any individual loan default is diluted, leading to a more stable and less volatile overall payoff.

Therefore, Bank A faces less risk than Bank B because of its diversified loan portfolio, which reduces the impact of individual loan defaults and results in a lower standard deviation of the overall payoff.

To know more about loans, visit:

https://brainly.com/question/31003042

#SPJ11

Question 3 All of the following methods concentrate on analyzing cash flows except: A. Internal rate of return B. Net present value method OC. Simple rate of return method Payback period method OD.

Answers

The simple rate of return method is the one that does not concentrate on analyzing cash flows.

The simple rate of return method measures the profitability of an investment by comparing the annual net income to the initial investment. It focuses on the return on investment rather than analyzing cash flows. On the other hand, the internal rate of return (IRR), net present value (NPV), and payback period methods all involve analyzing cash flows to evaluate the viability and profitability of an investment. These methods consider the timing and magnitude of cash flows to determine the financial feasibility of a project or investment.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ11

Events after the reporting date The final dividend of $69 000 for the 490 000 shares was declared by Cele Ltd on 27 December 2021 from retained earnings and was paid subsequently on 18 January 2022. The constitution of the Braddock Ltd allows directors to declare final dividend at any time and this is not subject to any further approval, authorisation, or discretion. On 5 January 2022, it was discovered that creditors' invoices dated 30 December 2021 related to services rendered by suppliers of Braddock Ltd, to be classified as administrative and other expenses, during the financial year amounted to $33 000 have been omitted. Further accounting review on 6 January 2022 showed that Braddock Ltd's sales invoices amounted to $56 000 have been omitted for the year ended 31 December 2021. The corresponding cost of sales of $39 000 was also omitted in the financial statements. Note: Cele Ltd uses the perpetual inventory system. Relating to Q2(1): Justify the accounting treatments required for the events after the reporting period, state whether adjustments and/or disclosures are required in the 31 December 2021 financial statements. Prepare journal entries if required. (18 marks) 02(2) Proposa

Answers

For Cele Ltd: The final dividend declared on 27 December 2021 should be recognized as a liability in the 31 December 2021 financial statements. An adjustment is required to increase the liability for dividends payable.

The subsequent payment of the dividend on 18 January 2022 does not require any adjustments or disclosures in the 31 December 2021 financial statements as it occurred after the reporting period.

For Braddock Ltd: The omission of creditors' invoices and sales invoices requires adjustments in the 31 December 2021 financial statements. The omitted expenses and revenues should be recognized to reflect the correct financial position and performance of the company. Journal entries are needed to record the expenses, revenues, and corresponding effects on the relevant accounts.

It is important to ensure that the adjustments and disclosures are made to present accurate and reliable financial statements for the reporting period. These events occurring after the reporting period should be appropriately recognized, and the necessary adjustments should be made to reflect their impact on the financial statements.

learn more about financial statements here:

https://brainly.com/question/32613094

#SPJ11

Question 6 (1 point) Baby boomers can be defined as the generation born a between 1918 and 1945. between 1981 and 1996. between 1946 and 1964. between 1965 and 1980. between 1997 and 2010. C 10

Answers

Baby Boomers are people who were born between 1946 and 1964. They are also known as the post-war generation.

They are referred to as Baby Boomers because after World War II, there was a significant increase in the birth rate in developed countries such as the United States, Canada, and Western Europe.

Therefore, people born during this period are known as Baby Boomers. There were approximately 76 million Baby Boomers in the United States, which was more than any previous generation. They were born during a time when the United States was experiencing unprecedented economic growth. This resulted in a better standard of living for most people. Most Baby Boomers grew up in two-parent families with traditional gender roles. Fathers were the primary breadwinners while mothers stayed at home to take care of the children.

Baby Boomers grew up in a time of relative peace and prosperity. They were able to enjoy the benefits of increased access to education, healthcare, and technology. Baby Boomers are considered to be the most influential generation in terms of political, economic, and social trends. They have played a significant role in shaping modern-day society.

To know more about Baby visit :

brainly.com/question/32346461

#SPJ11

refer to the above figure. what are the price and quantity if this monopolist is required to use average cost pricing? group of answer choices a) p2, q1 b) p5, q1 c) p3, q3 d) p1, q4

Answers

If the monopolist is required to use average cost pricing, the price and quantity would be p3 and q3, respectively.

Average cost pricing is a pricing strategy where a firm sets its price equal to the average cost of production. In this case, the monopolist would determine the price and quantity based on its average cost.

In the given answer choices, option c) p3, q3 represents the price and quantity if the monopolist uses average cost pricing.

Using average cost pricing, the monopolist sets the price at a level that covers its average cost per unit. The quantity produced is determined by the intersection of the average cost curve and the demand curve. At this point, the monopolist maximizes its profit by producing the quantity where average cost is equal to the price.

Therefore, the correct answer is option c) p3, q3, which indicates that the price and quantity under average cost pricing would be p3 and q3, respectively.

Learn more about average cost pricing here:

https://brainly.com/question/29853637

#SPJ11

oren, a recent graduate of a community college, is about to make his first investment. a cautious way for oren to start investing and earn a good rate of return would be to

Answers

A cautious way for Oren to start investing and earn a good rate of return would be to consider the following steps:

1. Financial Goals: Oren should determine his financial goals, whether it's saving for a down payment, retirement, or other objectives. Having clear goals will help guide his investment decisions.

2. Establish an Emergency Fund: Before investing, Oren should ensure he has an emergency fund in place to cover unexpected expenses. This fund should typically cover 3-6 months of living expenses.

3. Educate Yourself: Oren should take the time to educate himself about different investment s, risk levels, and investment strategies. This will help him make informed decisions and understand the potential risks and rewards.

4. Start with Low-Risk Investments: As a cautious approach, Oren can begin with low-risk investments such as:

  a. Savings Account: Putting some of his savings into a high-yield savings account can provide a safe and steady return, although the rates may be lower.

  b. Certificate of Deposit (CD): Investing in CDs can provide a fixed return over a specific period with minimal risk.

  c. Bond Funds: Consider investing in bond funds, which offer more stability than stocks. Government or corporate bond funds can provide regular income and relatively lower risk.

5. Diversify Investments: Oren should diversify his investments across different asset classes, such as stocks, bonds, and real estate investment trusts (REITs). This helps spread the risk and potentially enhance returns.

6. Seek Professional Advice: Consulting with a financial advisor or investment professional can provide valuable guidance tailored to Oren's specific financial situation and goals.

7. Monitor and Review: Oren should regularly monitor his investments and review his portfolio to ensure it aligns with his goals and risk tolerance. Rebalancing the portfolio periodically can help maintain the desired asset allocation.

Remember, investing always carries some degree of risk, and there are no guarantees of returns. Oren should assess his risk tolerance and investment goals before making any investment decisions and consider seeking professional advice to make well-informed choices.

Learn more about bond here:

https://brainly.com/question/31994049

#SPJ11

southern company owns a building that it leases to others. the building's fair value is $1,400,000 and its book value is $800,000 (original cost of $2,000,000 less accumulated depreciation of $1,200,000). southern exchanges this for a building owned by the eastern company. the building's book value on eastern's books is $950,000 (original cost of $1,600,000 less accumulated depreciation of $650,000). eastern also gives southern $140,000 to complete the exchange. the exchange has commercial substance for both companies.

Answers

Southern Company exchanges its building with Eastern Company in a transaction that has commercial substance. The fair value of Southern's building is $1,400,000, while the book value is $800,000.

In this exchange transaction, Southern Company trades its building, which has a fair value of $1,400,000, for Eastern Company's building. Southern's building has a book value of $800,000, which represents the original cost of $2,000,000 minus accumulated depreciation of $1,200,000. Eastern's building, on the other hand, has a book value of $950,000, derived from the original cost of $1,600,000 and accumulated depreciation of $650,000. To complete the exchange, Eastern also provides Southern with $140,000. This additional cash payment indicates that the exchange has commercial substance, meaning that the transaction is expected to result in a significant change in future cash flows for both companies.

By conducting this exchange, both Southern and Eastern are able to acquire assets with different book values. The fair value of the buildings reflects their current market worth, and the exchange allows the companies to adjust their asset portfolios according to their respective needs.

Learn more about depreciation from here:

https://brainly.com/question/30763997

#SPJ11

Payment discounts received on merchandise purchased for resale under the perpetual inventory method are subtracted from Inventory Expense. Sales Discounts. Sales. Merchandise Inventory.

Answers

Payment discounts received on merchandise purchased for resale under the perpetual inventory method are subtracted from Merchandise Inventory.

Under the perpetual inventory method, inventory is continuously updated to reflect the purchases and sales of merchandise. When a payment discount is received on merchandise purchased, it is treated as a reduction in the cost of inventory. This is because the payment discount represents a reduction in the purchase price of the inventory. Therefore, the amount of the discount is subtracted from the Merchandise Inventory account, as it lowers the cost of inventory recorded on the balance sheet. This approach ensures that the inventory is valued at the net cost after considering any payment discounts received.

learn more about  payment discounts here:

https://brainly.com/question/31078485

#SPJ11

TRUE / FALSE. "help!4. The idea of six degrees of separation is based on the concept of living in a small world where everyone knows someone who knows that person. True False 5. ""Showrooming"" means searching online and b"

Answers

Main Answer: False

4. The idea of six degrees of separation is not based on the concept of living in a small world where everyone knows someone who knows that person. It is a theory that suggests that any two individuals in the world are connected through a chain of acquaintances consisting of no more than six connections."Showrooming" refers to the practice of visiting a physical retail store to examine a product in person and then searching online for a better price or purchasing it online. It is a behavior commonly observed in the era of e-commerce where consumers leverage both offline and online channels for their purchasing decisions.

learn more about TRUE / FALS here:

https://brainly.com/question/30490276

#SPJ11

To go on a summer trip, Eric borrows $200. He makes no payments until the end of 6 years, when he pays off the entire loan. The lender charges simple interest at an annual rate of 5%.

(a) How much total interest will Eric have to pay?


$
(b) What will the total repayment amount be (including interest)?


$

Answers

Eric borrowed $200 for a summer trip and agreed to pay it off after 6 years with a simple interest rate of 5% per year.

The total interest he will have to pay is calculated by multiplying the principal amount ($200) by the interest rate (0.05) and the time period (6 years), resulting in $60. The total repayment amount, including the principal and interest, is obtained by adding the principal to the total interest, giving a total of $260. This means that Eric will have to pay a total of $260 to completely repay the loan, including the accrued interest over the 6-year period.

Learn more about interest here;

https://brainly.com/question/30393144

#SPJ11

Other Questions
3. Assume that for any given day, the probability of getting free pizza is 34%, the probability of getting free pizza on a sunny day is 40%, and the probability of free pizza on a not sunny day is 20%. a. What is the probability of a less than ideal day (no free pizza and no sun)? b. Are free pizza and sun independent events in this example? Provide a proof. c. If there was no free pizza, what is the probability that it was not sunny? Sketch the angle in standard position. (13/6)Sketch the angle in standard position. 5 Mr. Bahri, a 47 years old manager received the news that his contract will not be renewed when it ends at the end of 2022. His cash flows are listed below: Income & Assets (RM) Net income (after deduction of EPF, Sosco 8000 etc.) EPF Savings 700 000 Fixed Deposits (FD) in bank 630 000 Other assets (such as shares, trust funds) 20 000 SSPN accounts (for 2 kids, each of RM 40 80 000 000) Net worth of house owned 360 000 Monthly expenses (RM) Food and household items 2.000 Insurance for all family members 940 650 House instalments (loan balance RM 65 000 and remaining loan period is 10 years by end of December 2022) Car instalments (remaining loan period is 26 500 months by end of December 2022) Expenses for kids 100 Contribution to parents 600 Petrol and car maintenance 500 Utilities payments (including telco, water, 400 and electricity) L Analyse (CLO2) and discuss (CLOI) on the cash flow if it is possible for Mr. Bahri to retire at the end of 2022 and financially sustainable until 78 years old. ii. Also, discuss (with justifications/ calculations) on what should you adapt/avoid for your own retirement planning, based on the case study of Mr. Bahri (CLO3). CLOI 5% Discuss conclusion on the principles, basic concepts, and methodology of engineering economy CLO2 5% Develop proficiency with the engineering economics methods and decisions making CLO3 Evaluate the economic aspects of competing design solutions 5% assume any data that is not provided, e.g. interest rate for alternative investments Your ASA FirePOWER module can be set up as an inline tap or passive deployment, or as a monitor-only configuration. Only inline mode is ... premature babies are often susceptible to middle ear infections or write the correct formula for the following: hexaaquanickel (ii) chloride 12- benefits a firm may achieve by entering a new market or developing a new product or service prior to rival firms. A) DelayeringB) Contingency planningC)FeasibilityD)first mover advantageE) RightsizingF) Cash cowsG) consistencyH) question marks Which of the following is not a guideline an organization can use to promote the challenging of the status quo?A) establishing a culture of dissentB) forcefully creating a sense of urgencyC) fostering a culture that encourages risk takingD) creating a results-based reward system how did russian authorities end labor protests in petrograde in 1917? a)briefly describe two ways that can make credit cards more secure. b) The sum to infinity of a GP is twice the sum of the first two terms. Find possible values of the common ratio Major Topic Blooms Score SERIES AND SEQUENCE Designation 7 AN a. Use the Caesar cipher to encrypt the message AN APPLE A DAY.b. b. Use the Caesar cipher to decrypt the message NHHSV WKH GRFWRU DZDB Determine which of the following subsets of R are subspaces of R. No 1. {[x, y, z] | 5x 9y+6z= 8} Yes 2. {[x, y, z]T | 3x 4y 2z = 0} Yes 3. {[-8x, 5x, 9x]T | x arbitrary number} Yes 4. {[x, y, z]T | x 0, y 0, z 0} Yes 5. {[-8x 6y, 5x 7y, 9x + 7y]T | x, y arbitrary numbers } - Yes 6. {[x,x - 3, x 4] | x arbitrary number} Yes 7. {[x, y, z]T | 3x + 4y = 0, 2x 8z = 0} public int mystery4(int x, int y) {if (x < y) {return x;} else {return mystery4(x - y, y);}}What is the output of:(a) System.out.println(mystery4(6, 13));(b) System.out.println(mystery4(14, 10));(c) System.out.println(mystery4(37, 10));(d) System.out.println(mystery4(8, 2));(e) System.out.println(mystery4(50, 7)); You have been asked to prepare a report exploring the viability of exporting one of Waliz Nuts products to Japan.Identify any ethical, legal and sustainable factors to be considered in exporting your product. it is estimated that half of all conceptions have too many or too few chromosomes. according to the text, what happens to most of the zygotes that are formed in these situations? question 77 options: a. they are spontaneously aborted. b. they result in neonates with birth defects. c. they result in twins. d. they have no problems. Which of the following is the equation for a circle with a center of (1,4) and a radius of 6? a. (x 1) + (y-4) = 36 b (x + 1) + (y - 4) = 36 c (x - 1) + (y-4) = 6 d y = 4x - 36 a burndown chart is a chart that shows the cumulative work remaining in a sprint on a day-by-day basis Suppose that a customer orders $350 of groceries. What is the total fee that the app will add to the cost of the groceries? (Include units in your answer. Answers must always include units if they are provided in the question.) Q1.2 Part b) 3 Points Create an equation to express the total fee that the app will add in terms of the cost of the groceries. (Remember to define your variables and use proper notation. Variables that you choose to create must always be defined.) Please select file(s) Select file(s) Save Answer Q1.3 Part c) 3 Points What is an appropriate domain? Justify your response.. Enter your answer here Swiss Supplies showed the following selected adjusted balances at its December 31, 2019, year-end: Accounts Receivable Dec. 31/19 Balance 390,000 Allowance for Doubtful Accounts 20,400 Dec. 31/19 Balance During 2020, the following selected transactions occurred: a. Sales totalled $2,780,000, of which 25% were cash sales (cost of sales $1,795,000). b. Sales returns were $118,000, half regarding credit sales. The returned merchandise was scrapped. c. An account for $34,000 was recovered. d. Several accounts were written off: $36,000. e. Collections from credit customers totalled $1,740,000 (excluding the recovery in (c) above). Part A Required: 1. Journalize transactions (a) through (e). You may find it useful to post your entries to T-accounts for Accounts Receivable and Allowance for Doubtful Accounts. Part B Required: 2. Prepare the December 31, 2020, adjusting entry to estimate bad debts assuming that uncollectible accounts are estimated to be 1% of net credit sales. View transaction list Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal 3. Show how accounts receivable will appear on the December 31, 2020, balance sheet. Partial Balance Sheet Assets Current assets: 4. What will bad debt expense be on the income statement for the year ended December 31, 2020? Bad debt expense Part C (independent of Part B) Required: 5. Prepare the December 31, 2020, adjusting entry to estimate bad debts assuming that uncollectible accounts are estimated to be 3% of outstanding receivables. View transaction list Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal 6. Show how accounts receivable will appear on the December 31, 2020, balance sheet. Partial Balance Sheet Assets Current assets: 7. What will bad debt expense be on the income statement for the year ended December 31, 2020? Bad debt expense