The true statements are :
The organization is structured around projects.Personnel may work on multiple projects at the same time.Functional departments exist to be support staff for project teams.What Is Project Organization in Project Management?The word "project organization" describes the manner in which the project team coordinates, communicates, and manages the project during its entire existence. By using project organization, you may maximize resources, ensure that roles and duties are well communicated, and lessen the likelihood of stumbling blocks.Before and throughout a project, project managers utilize project organization to coordinate the team members. The method ensures that team members working in a project are as productive as possible while minimizing workflow disruption and disagreement.Although a well-executed project organization strategy and plan are crucial, you also need to take the potential cost of a disorganized project into account.In order to strategically execute organizational management, Anthony C. Taylor, Managing Partner and Lead Facilitator at SME Strategy Management Consulting, collaborates with senior leadership.Learn more about Project Organization refer to :
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Entry, Exit, and Long Run Profitability — End of Chapter Problem a. The decision to start a business and the decision to attend college are the same in that each decision involves the same costs and benefits and the same opportunity costs are different in that in starting a business, you should mainly consider the cost-benefit principle, whereas in attending college, you should mainly consider the opportunity cost principle are similar in that in both cases, you will want to consider the cost-benefit principle and the opportunity cost principle are different in that in starting a business, you should mainly consider the opportunity cost principle, whereas in attending college, you should mainly consider the cost-benefit principle b. Classify each cost below as an implicit cost or an explicit cost. Explicit cost Implicit cost Answer Bank Forgone yearly salary of $40,000. The expense of buying textbooks. Using office space to run your business that was previously rented out for income. Purchases of office supplies.
Explicit costs are those that a business pays out of its own pocket, like payments for supplies. Whereas The cost of the company's resources that have employed in another way is represented by implicit costs.
Private entrepreneurship, or the ownership of businesses by private persons, is a defining feature of the US economy. People frequently image gigantic corporations like Wal-Mart, Microsoft, or General Motors when they think about businesses. But businesses come in a variety of sizes and shapes under the category of explicit costs, as the table below shows. Most businesses in the US have less than 20 employees. According to estimates from the US Census Bureau, there were 5.7 million firms operating in the US economy in 2010. Less than half of all workers in private companies are employed by the 17,000 large firms, or companies with more than 500 employees. 35% of workers in the US economy are employed by businesses with fewer than 100 personnel. These small businesses include everything from dentists and lawyers to companies that mow lawns or clean houses. Millions of small, non-employer businesses run by lone proprietors or a few partners accept whatever money they can get; these companies don't have their own category in the table.
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Required information drape/ DLE Knowledge Check 01 Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $ Contribution mar Required information Analysis of contribution margin ratio by sales territory can impact Ice Age's business decisions such as: Knowledge Check 01 If sales are $1,000,000 and contribution margin is $250,000, the contribution margin ratio is Contribution margin ratio 5%
According to the cleaning and revenue costs, the contribution margin is $150.
What is contribution margin?
With variable expenses of $100 for each fireplace cleaning and revenue of $250, the Fireplace Service Company offers fireplace cleaning services.
The amount of income that remains after variable costs are subtracted is referred to as the contribution margin.
Revenue less variable costs equals contribution margin. The formula for calculating the contribution margin ratio is (Revenue - Variable Costs) / Revenue.venue minus variable costs equals contribution margin.
Therefore, the contribution margin in this case is:
= 250 - 100
= $150
The contribution margin is therefore $150.
According to the cleaning and revenue costs, the contribution margin is $150.
The complete question is
Required information drape/ DLE Knowledge Check 01 Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $_____.
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heddon industries produces two products. the products' identified costs are as follows: product a product b direct materials $ 21,000 $ 16,000 direct labor 15,000 25,000 the company's overhead costs of $55,000 are allocated based on labor cost. assume 5,000 units of product a and 6,000 units of product b are produced. what amount of production costs would be assigned to product a
An amount of $56625 of manufacturing costs will be assigned to the product.
To calculate the overhead rate, divide the indirect costs by the direct costs and multiply by 100.
Cost of production is the total cost incurred by a business to either produce a product or offer its services. Production costs typically include supplies and raw materials that are consumed during production, along with labor expenses.
OH rate as % of DLC:
Overheads 55000
Divide: DLC 40000
OH rate as % of DLC: 137.50%
The total production cost of Product A:
Direct material 21000
Direct Labour 15000
OH (15000 × 137.50%) 20625
The total Production cost of Product A: 56625
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jamboard and slides are two tools that can be used to organize information to be shared in engaging and creative ways. drag and drop the features to each tool.
The features have been matched with the corresponding tool as follows:
Slides: add a drop shadow to images and graphicsSlides: share with comment rightsSlides: publish to the webSlides: edit the themeJamboard: use the marker, brush, or eraser toolsJamboard: insert a sticky note in multiple colorsJamboard: draw in the frame using the stylusJamboard: guide students with the laser pointerHow do slides and Jamboard work?Jamboard is a sort of interactive whiteboard tool that is developed with the aim of facilitating learning and collaborative efforts. This tool can be used to pull up images from the web and it also contains a stylus and eraser that can be used to write thoughts and also erase any unwanted thoughts. So, a sticky note in multiple colors can be used on this tool. It also has a laser pointer that can serve as a guide during use.
Slides are also digital presentation tools. Drop shadow can be applied to images and graphics as is also obtainable in Word. Users can share comments with rights and the presentation can be published to the web and saved on the cloud.
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The Italian government decides to stimulate the economy by sending checks worth $70 billion to Italian consumers. If the (government spending) multiplier is 1.5, calculate the MPC to determine the final change in Italy's real GDP due to the transfer? Please give your answer as a whole number in billions of dollars.
$35 billion
($70 billion)(1.5) = $105 billion
$105 - $70 billion = $35 billion
The Change in real GDP after the calculation of the Marginal Propensity to Consume will be $35 billion for the situation and positions mentioned above.
The change in real GDP can be referred to or considered as the increase or decrease in the GDP, which has been adjusted against the prevailing rates of inflation.
MPC = Government Spending x Multiplier
MPC = 70 x 1.5
MPC = $105 billion
Now, this change in real GDP will be
Change in Real GDP = MPC - Real GDP
Change in Real GDP = 105-70
Change in Real GDP = $35 billion
Therefore, the change in real GDP is $35 billion.
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a monopoly is characterized by group of answer choices many buyers and sellers. many identical products. high barriers to entry. a nash equilibrium (typical of game theory).
A monopoly is characterized by group of high barriers to entry.
What is a monopoly?A monopoly, according to Irving Fisher, is a market where there is "no competition," making a single person or business the only provider of a certain item or service. This contrasts with oligopoly, duopoly, and monopsony, which are instances of marketplaces dominated by a small number of vendors and a single business, respectively, respectively. The terms "monopolize" and "monopolise" refer to the process by which a company gains the ability to jack up prices or kick out rivals. In the study of economics, a monopoly is a single supplier. In terms of the law, a monopoly is a company that has a considerable amount of market power, or the ability to set excessively high prices, which is linked to a decline in societal surplus.
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gamma company borrowed $5,000 on october 1, year 1 at 6% annual interest.. recognizing accrued interest on december 31, year 1 will cause expenses .
Annual interest is $75.Notes payable, accounts payable, unearned revenues, and accrued liabilities are examples of current liabilities.
Which of the aforementioned are current liabilities?Notes payable, accounts payable, unearned revenues, and accrued liabilities are examples of current liabilities.Examples of current liabilities are provided below: Suppliers who offer goods or services on credit are referred to as diverse creditors. A short-term loan offered by the bank is known as an overdraft. Rent is the balance of unpaid bills for already rendered services.Accrued income is debited on the balance sheet under current assets as an adjusting journal entry when using cash basis accounting. You'll list it under earned revenue on the income statement. As soon as the money is received, make an adjustment entry to the revenue account.To learn more about Annual interest refer to:
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If interest rates in the overall economy decrease to 4 percent, which one of the following is most likely to be the approximate market value of a $1,000 corporate bond with a fixed interest rate of 6 percent?.
If interest rates in the overall economy decrease to 4 percent, the approximate market value of a $1,000 corporate bond with a fixed interest rate of 6 percent is 1500. Option B.
What is interest rate?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing was made.
Bond Price = Face value * (Coupon rate / Interest rate)
= 1000 * (0.06 / 0.04)
= $1500
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if interest rates in the overall economy decreases to 4 percent, whoch one of the following is mosy likely to be the approximate market value of a 1,000 corporate bond with a fixed interest rate of 6 percent?
A) 1,000
B) 1,500
C) 4,000
D) 6,000
which of the following shifts aggregate demand to the left? a. an increase in the capital inflows from other nations b. an increase in the money supply c. a decrease in the price level d. a decrease in the government transfer payment
The one out of the following that shifts aggregate demand to the left is option A. an increase in the capital inflows from other nations
Why would the aggregate demand shift to the left?The aggregate demand curve may shift to the left as a result of depletion in the total consumer spending. Consumers could spend less due to the fact that the cost of living is going up or perhaps government increased taxes. Consumers can choose to cut spending and save more if they feel that prices to might rise in the future. Other reason is when there is an economic boom overseas that raises the incomes of foreign households.
Therefore, the correct answer is as given above
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if an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and output falls below potential gdp, which of the following is likely to occur?
if an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and output falls below potential GDP, is likely to occur a rise in unemployment.
Gross domestic product is the financial degree of the market cost of all the final items and services produced and bought in a specific time period through international locations. due to its complicated and subjective nature, this measure is frequently revised before being considered a dependable indicator. one of the most commonplace is GDP, which stands for gross domestic product. it is frequently stated in newspapers, on television information, and in reports with the aid of governments, central banks, and the business network. It has to turn out to be widely used as a reference point for the fitness of country-wide and global economies.
financial output is now and again referred to as gross output or definitely output. As stated earlier, the financial output isn't the same as GDP. Gross domestic product is a degree of “price delivered” on the countrywide stage.
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A depository institution takes deposits from ______ and earns most of its income by _______.
A depository institution takes deposits from households and firms and earns most of its income by making loans and buying securities that earn a higher interest rate than that paid to depositors.
What is depository institution?A depository can be described as the facility or institution, which cold be building, office, as well as warehouse, and they are the places where values are been deposited for storage or safeguarding.
It should be noted that the Depositories can be the organizations, banks, as well as other financial institutions that have the capability to hold the securities as well as assist in the trading of securities.
In conclusion, depository institution are the institutions that can collect deposits from households and firms so they can get some funds through the making loans as well as buying securities however thi s are not done for free.
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conversion of the implementation phase of the systems development life cycle (sdlc), an analyst introduces an information system in only a limited area of an organization, such as a division or department.
Implementation includes user notification, user training, installation of hardware, installation of software onto production computers, and integration of the system into daily work processes.
This phase continues until the system is operating in production in accordance with the defined user requirements.
production is the method of mixing numerous cloth inputs and immaterial inputs (plans, information) for you to make something for intake (output). it's miles the act of creating an output, a very good or carrier which has fee and contributes to the application of individuals.[1] The vicinity of economics that focuses on manufacturing is known as the production concept, which is intertwined with the intake (or client) principle of economics.
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one difficulty that decision makers experience in problem identification is that suppliers, employees, and customers offer and withhold information that distorts the situation. this problem is known as
One difficulty that decision makers experience in problem identification is that suppliers, employees, and customers offer and withhold information that distorts the situation. this problem is known as Stakeholder Framing.
What is a Stakeholder?Stakeholders are any people or organizations that are impacted by a project, initiative, policy, or organization, either favorably or unfavorably. They may be internal (employees employed by your business) or external (people outside of your organization).
As a result, stakeholders are individuals, teams, or groups who have a direct or indirect relationship with or impact on a project, good, service, or company. Stakeholders consequently influence a company's business approach.
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assume that a profit-maximizing firm is perfectly competitive in both the output and the factor markets and is at its long-run equilibrium. the firm's output is 100 units, its total revenue is $600.00, and the fixed cost of production is $50.00. based on this information, which of the following is true for the firm?
It has a marginal cost of $6.00 and an average variable cost of $5.50.
Solution:
To determine the variable costs;
This is the strategy we employ.
Variable expenses equal the difference between total revenue and fixed costs.
And the average variable cost is calculated as = variable cost/output.
The values are provided to us as;
$600 in total income
$50 is the fixed cost.
100 units produced.
Calculations:
Now, the marginal revenue is;
Change in total income/change in production = marginal revenue
600/100 = marginal revenue
$6.00 in marginal revenue
The marginal revenue equals the marginal costs.
As a result, the marginal cost is $6.00.
Variable costs will now be
600 - 50 = variable cost
The variable cost is $550.
$550/100 is the average variable cost.
= $5.50
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assume you are in the 24 percent tax bracket and purchase a municipal bond with a yield of 2.9%. use the formula presented in this chapter to calculate the taxable equivalent yield for this investment?
Taxable equivalent yield =Tax-exempt yield / (1 − Your tax rate) =0.029 / (1 - 0.24) =0.038, or 3.8%
What is Taxable equivalent yield?
In general, tax consequences are a challenging, significant, and frequently ignored component of any financial strategy. Investors might benefit from the tax-equivalent yield computation, especially those in higher tax brackets. The yield on a taxable bond that an investor would need to earn in order to match the return on a comparable tax-free municipal bond is known as the tax-equivalent yield.
Since municipal bonds typically have low expected returns, the true impact of investing in them to save on taxes is frequently difficult to fully quantify. The calculation aids the investor in choosing between taxable and tax-free investments, like tax-free municipal bonds.
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Name the operating philosophy discussed in chapter 8 that is used to help manage operations in the supply chain.
Answer:LEAN
Explanation:
LEAN is an operating philosophy of waste reduction and value enhancement. It was originally created as the Toyota Production System (TPS) by key Toyota executives.
if you had a cola clause in your wage contract based on the cpi calculated above, would your standard of lviing likely increase, decrease, or stay the same during the years 2002 through 2004
The shares exchange may be CPI calculated by means of dividing the alternate into index points by means of the sooner time period rate index expanded with the aid of 100. be aware that the alternate in index factors and the percentage alternate are unique measures of exchange and are normally one-of-a-kind.
Whilst the 12-month trade in Canada's consumer rate Index (CPI) remains the same as the remaining month, the CPI rose by means of zero.7% on a monthly basis. October 2022's inflation price of 6.nine% is nicely above the financial institution of Canada's goal variety of one% to three%, and it also outpaced the average hourly salary growth of five.6% over the last year.
To find the CPI in any yr, divide the fee of the market basket in 12 months t by way of the value of the identical marketplace basket within the base yr. The CPI in 1984 = $seventy five/$seventy five x a hundred = a hundred The CPI is just an index cost and it is listed to a hundred within the base 12 months, in this case, 1984. So charges have risen with the aid of 28% over that 20 yr duration.
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which of the following is an application of the hearsay rule used for digital evidence-related testimony?group of answer choicesall of thesepresenting best evidencebusiness recordsusing notes on the witness stand
(A) All of these are examples of the hearsay rule being applied to testimony involving digital evidence.
What is the hearsay rule?In a legal setting, hearsay evidence is testimony from a witness who is testifying under oath while reciting an out-of-court statement, the content of which is being presented to support the veracity of the claim made.
The "hearsay evidence rule" states that hearsay evidence is generally not accepted unless an exemption to the rule is present.
For instance, a witness can state, "Susan told me that Tom was in town," to show that Tom was present.
If Susan is not accessible for cross-examination, the witness's testimony is hearsay since it is based on an out-of-court declaration she made.
The fact that the witness who gave the statement is not present in court and cannot be questioned in person is one defense for the objection.
Therefore, (A) all of these are examples of the hearsay rule being applied to testimony involving digital evidence.
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Correct question:
Which of the following is an application of the hearsay rule used for digital evidence-related testimony? group of answer choices
a. all of these
b. presenting the best evidence
c. business records using
d. notes on the witness stand
What is the irony in Huckleberry Finn?.
Mark Twain frequently uses irony in "The Adventures of Huckleberry Finn" to illuminate his themes, characters and plot.
The Grangerford subplot is a good example of irony being used in Huckleberry Finn. The Grangerfords and Shepherdsons have been at odds for many years and often murder one another. Every Sunday, though, they put their differences aside just long enough to attend church together before picking them back up again soon after.
The irony in this situation is that the preaching at church emphasizes brotherly love, embracing your neighbor and coexisting peacefully. The sermon is well received by the families, who discuss what is right and proper to do. They are all armed, though, and conflicts with the Shepherdsons are resolved violently in a quarrel that symbolizes the antithesis of brotherly love.
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if an incremental analysis is applied to evaluate two alternatives and it is determined that incremental revenues equal incremental costs, which of the following would be used to make the appropriate decision?
In order to compare the true costs of different options, businesses employ incremental analysis as a decision-making tool.
What is Types of Incremental Analysis Decisions?Companies use incremental analysis to determine whether or not to accept customized orders. Usually, the price of this special order is less than its regular selling price. To make sure a restricted resource is used as effectively as possible, incremental analysis helps allocate scarce resources to a number of product lines.A decision to abandon a project, rebuild an asset, create or purchase goods, or any other action necessitates an incremental study of the opportunity costs. Incremental analysis also sheds light on whether a product should continue to be manufactured or sold at a specific stage of the production process.Businesses use incremental analysis to determine how to allocate resources, whether to accept more business, whether to manufacture or purchase products, whether to sell or process products further, whether to eliminate a product or service, and more.To Learn more About incremental analysis refer to:
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1. Which of the following are examples of price discrimination? Explain your answers.
a. A cell phone carrier offers unlimited calling on the weekends for all of its customers.
b. Tickets to the student section for all basketball games are $5
c. A restaurant offers a 20% discount for customers who order dinner between 4 and 6 p.m.
d. A music store has a half-price sale on last year's guitars.
e. A well-respected golf instructor charges each customer a fee just under the customer's maximum willingness to pay for lessons.
A well-respected golf instructor charges each customer a fee just under the customer's maximum willingness to pay for lessons. Option E.
Price discrimination is the business practice of selling the same product to different customers at different prices. Charging adults and children different prices for the same movie is an example of price discrimination. Charging everyone the same price for goods and services is not price discrimination.
Price discrimination is a strategy used by businesses to maximize revenue by charging customers different prices based on their willingness to pay. For example, movie theaters often offer different prices for adults, seniors, and children. We also offer deals on certain days of the week. Price discrimination is a microeconomic pricing strategy in which identical or nearly similar goods or services are sold at different prices by the same supplier in different markets.
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Cumberland Co sells $2,000 or inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise. Under a perpetual inventory system, which of the following journal entry(les) would be recorded? Oa debit Accounts Receivable, 52,000 crodie Salen, 52,000 and debit Cont of Good Sol, $1,250, credit lavemory. $1.250 Ob debit C, 51,250, credit Salen, 51,250 Oc dehit Cash, 52.001), credit Inventory, 51,250 Od. de Cult, $2,000, credit Sales, $2,000, and debit Com of Goods Sold, $1.291, credit twentory, 51,280
Under a perpetual inventory system, which of the following journal entry would be recorded as d) debit Cash,$2,000;credit Sales,$2,000; and debit Cost of Goods Sold,$1,250;credit Inventory,$1,250.
What is the journal entry about?When goods are sold under the perpetual inventory system, two journal entries are recorded. The first journal entry records the sale, and the second entry records the cost of sale. To record the sale, the Cash/Accounts receivable account is debited and the Sales account is credited by the sale amount. Cost of Goods Sold is used to record the cost of sale. By cost, the sold account is debited and the inventory account is credited.
In this case, the journal entry will be:
1. Debit Cash $2,000
Credit Sales $2,000
(To record sale)
2. Debit Cost of Goods Sold $1,250
Credit Inventory $1,250
Therefore, the correct option is D.
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match the marketing goal to the correct ad extension. you operate many retail stores and want potential customers to see the distance from their location to your stores you're interested in directing people to specific pages on your website you want to describe the features of a specific product your business offers before customers click on the ad you're focused on driving phone calls to your business call extension sitelink extension location extension structured snippets
Ad extensions can enhance star rating, ad rank, and spending while increasing conversions for businesses.
Marketing goal of ad extensions are-
you operate many retail stores and want potential customers to see the distance from their location to your stores - Location extension
you're interested in directing people to specific pages on your website - Sitelink extension.
you want to describe the features of a specific product your business offers before customers click on the ad - Structured snippets
You’re focused on driving phone calls to your business – Call extension
Ad Extensions are supplementary details that broaden your advertisement and increase its value to users. Phone calls, extra connections from your site, and vendor feedback are typical ad extensions. Ad extensions which will assist your ad campaign high efficiency your company's objectives should be chosen.
Utilizing ad extensions options usually doesn't incur any extra expenses.
Some ad extensions, such as changes have happened and click-to-call extensions, are automated, meaning AdWords immediately inserts the extra data to your ad. Other ad extensions can be manually customized, allowing you to decide what you want your advertisements to look.
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identifying the facts and issues partnerships are a select answer association of individuals and are formed by select answer of the partners. when short signed the lease agreement with ikon for office equipment, short, gonzaga, and baker select answer still a partnership. assessment question
Partnerships are an association of individuals and are formed by sharing ownership of a business.
What is a Partnership?A Partnership is a form of business in which two or more persons come together to share ownership of the business and to manage the profits and losses of the business as well as other risks associated with the business.
The partners share their resources and also commit same to the advancement of the business. Whatever returns they get will promote the business and if they suffer any losses, they will also share these. So, sharing is a central feature of partnerships.
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how many customer segments describe consumer behavior the best? 2. what are the profiles of the customers who belong to the various segments
the profiles of the customers are belong to the various segments.One of the helpful methods of market segmentation is psychographic segmentation, which divides a target market into subgroups.
Based on characteristics like the values, status, attitudes, interests, beliefs, motives, or hobbies of the target market. In this way, the target market is divided into segments, each of which shares one or more of the aforementioned characteristics. Porsche AG clearly used psychographic features to characterise its clients based on the term "Top Guns" it gave to a group of people it called its customers.A type of segmentation called psychographic segmentation divides clients into groups according to their psychological traits. These traits consist of beliefs and motivations.Customers are classified into groups according to their sex, religion, age, or occupation in a process known as demographic segmentation.
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Romero has been approved for a $350,000 adjustable rate mortgage with interest set at 6.5% and monthly payments set up over the 30-year term of the loan. a. What is Romero's monthly payment? b. Using the payment calculated from Part A, what will be the balance at the end of the sixth year? C. What is the percentage paid off after six years? d. Romero originally wanted a shorter loan term, but the payments would be $2,609.51, and that was too high for Romero. What was the loan term based on that payment?
Romero’s monthly payment is $2,212.24; balance at the end of the 6th year will be $322,228.79; percentage paid off after six years is 8%; and loan term based on that payment is 20 years.
It is given that mortgage amount is $350000, no. of monthly payments is 30 years *12 which is 360. Interest rate is 6.5%. But it is given that it is paid monthly; thus, interest rate is 6.5%/12 which is 0.54%.
For calculating monthly payment, we'll use PMT Function in excel.
Thus, monthly payment = PMT(interest rate, no. of monthly payments, amount)
= PMT(0.54%,360,350000) = 2212.24
For calculating balance at the end of 6th year, the no of payments will be (30-6)*12 = 288
Thus, balance at end of 6th year = PV(0.54%,288,2212.24)
= $322228.79
For calculating percentage paid off after six years = (350000-322228.79) / 350000
= 7.93% = 8%
It is given that shorter loan term amount = $2609.51
For calculating loan terms, we'll use NPER in excel
= NPER(0.54%,-2609.51,350000,0)/12
= 20years
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If cae of emergency, can you entrut your valuable item like jewelrie in a pawnhop? Why/why not?
You can redeem the pawn at any time by paying what you owe and obtaining the item back. If you do not repay the loan throughout the redemption amount, the lender will sell it to recover the money.
Since people seeking a pawn loan generally cannot qualify for a conventional loan, the chance of default is higher. that is why pawn retailers build loans with well higher interest rates than banks generally charge for private loans. State law governs the number of interests a pawn look is allowed to charge.
Unfortunately, the mercantilism of your jewelry to a pawn look is probably going to ensure you the all-time low quantity of cash in exchange for your valuables because of the pawn look.
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john noble speculated that howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. noble's thoughts referred to:
John noble speculated that Howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. Noble's thoughts referred to expectancy theory.
According to the expectancy theory, a person's behavior or attitude typically results from the association between the behavior they exhibit and the reward that goes along with it. As a result, that person will consciously choose behavior that maximizes reward for performance or output or minimizes pain.
The aforementioned background supports Noble's assertion that Howie knows very little about his employees, including the fact that he is unaware of the type of incentive that may improve their performance, which implies that Howie is unaware of the expectation theory related to his employees' conduct.
The given question is incomplete, the complete question is:
John Noble speculated that Howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. Noble's thoughts referred to:
A. Reinforcement Theory.
B. Equity Theory.
C. Expectancy Theory.
D. Theory J.
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on january 1, 2024, paradise tours borrows $47,000 by agreeing to a 6%, six-year note with the bank. loan payments of $778.93 are due at the end of each month with the first installment due on january 31, 2024. Record the issuance of the installment note payable and the first two monthly payment.
Paradise Tours borrows $47,000 by signing a 6%, six-year note with the bank. Loan payments due at the end of each month are $778.93. The records for the issueance of the installment notes payable for the firtst two monthly payment are:
January 31, 2024
Notes payable $543.93
Interest expense $235
Cash $778.93
February 29, 2024
Notes payable $546.65
Interest expense $232.28
Cash $778.93
Notes payable is a long-term liablity indicated the money a company owes to the bank. Notes payable are due beyond 12 months up to within 5 years.
Based on the case, we kow that the bank gives loan to Paradise Tours as six-year note with amount of $47,000 and 6% interest rate. Because the interest is in per annum, we need to find the interest for the respective month.
Month 1 (Januray 2024)For the first month, the interest due for Paradise Tours to pay is:
interest expense = $47,000 x 6% : 12
interest expense = $235
Because the monthly loan payment is $778.93, hence the notes payable paid should be the reminding of the monthly loan payment minus the interest expense of the month.
Notes payable = $778.93 - $235
Notes payable = $543.93
Month 2 (February 2024)On the second month, the amount of notes payable owned by Pradise Tours has changed because the first month payment has taken place. The current notes payable amount is:
Reminding Notes payable = Initial notes payable - notes payable paid in month1
Reminding Notes payable = $47,000 - $543.93
Reminding notes payable = $46,456.07
The interest due for the second monthly payment should be calculated based on the reminding notes payable amount. The interest due for the second monthly payment is:
Interest expense = $46,456 x 6% : 12
Interest expense = $232.28
The notes payable paid by the second monthly payment is:
Notes payable = $778.93 - 232.28
Notes payable = $546.65
Hence, the records for the issuance of the first two monthly payment by Paradise Tours are:
January 31, 2024
Notes payable $543.93
Interest expense $235
Cash $778.93
February 29, 2024
Notes payable $546.65
Interest expense $232.28
Cash $778.93
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if a bank obtains a relatively large portion of its funds from conventional demand deposits, interest expenses should be relatively , while its noninterest expenses should be relatively .
If a bank obtains a relatively large portion of its funds from conventional demand deposits, interest expenses should be relatively low, while its noninterest expenses should be relatively high.
What do mean by demand?
Demand means a consumer desire to buy goods and services without any hesitation and pay the price for it. In simple words, demand is the number of goods for which the customers are ready and willing to buy at several prices during a given time period.
What are the 5 types of demand?
The different types of demand are as follows:
Individual and Market Demand.Organization and Industry Demand.Autonomous and Derived Demand.Demand for Perishable and Durable Goods.Short-term and Long-term Demand.What are the 5 factors of demand?
The 5 key determinants of demand for products and services are as follows:
Income.Price.Expectations, tastes, and preferences.Customer base.Economic conditions.Learn more about demand here:- https://brainly.com/question/1245771
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