Option D is correct. The following is not a goal of the JIT partnership - inspect all incoming shipments to ensure zero defects
`Just-in-time' is an administration reasoning and not a procedure. It initially alluded to the creation of merchandise to satisfy client needs precisely, in time, quality and amount, whether the 'client' is the last buyer of the item or another cycle further along the creation line. Just-in-time, or JIT, is a stock administration strategy wherein merchandise is gotten from providers just as they are required. The primary target of this strategy is to lessen stock holding expenses and increment stock turnover. Just-in-time requires cautiously arranging the whole production network and use of better programming altogether than doing the whole cycle till conveyance, which increments proficiency and disposes of the extension for mistakes as each interaction is checked.
Know more about JIT - https://brainly.com/question/16016464
#SPJ4
Complete Question -
Which of the following is NOT a goal of JIT partnerships?
A) removal of unnecessary activities
B) removal of in-plant inventory
C) removal of in-transit inventory
D) inspect all incoming shipments to ensure zero defects
E) All of the above are goals of JIT partnerships.
factors that can cause the supply curve for bonds to shift to the right, everything else held constant, include group of answer choices a decrease in government deficits. a decrease in expected inflation. an expansion in overall economic activity. a business cycle recession.
Option d: The supply curve for bonds has the usual upward slope, indicating that as the price rises, ceteris paribus, the quantity supplied increases.
A supply curve is a graphical representation of the correlation between the cost of a good or service and its supply/production over a period of time.
In a typical plot, price is displayed/showed on the left vertical axis and shipment quantity is displayed on the horizontal axis.
In most supply curves, as the price of a good increases, so does the quantity of the good supplied.
A supply curve often indicates whether the price of a commodity will rise or fall, or vice versa, based on demand.
The supply curve is flatter (more horizontal) for commodities with more elastic supply and steeper (more vertical) for commodities with less elastic supply. The supply curve, along with the demand curve, is an important component of the law of supply and demand.
To know more about supply curve, here:
https://brainly.com/question/1915798
#SPJ4
Complete question:
The supply curve for bonds has the usual upward slope, indicating that as the price ________, ceteris paribus, the ________ increases.
A) falls; supply
B) falls; quantity supplied
C) rises; supply
D) rises; quantity supplied
the great outdoors is having a sale on their road bikes. the store is also offering financing to those who qualify. the road bike that you are interested in is a bianrekmondiant that is on sale for $2,199. the sales associate informs you that the closed-end installment loan offered by the store is a 36 month installment plan with monthly payments of $82.83. determine the finance charge (interest) of the installment loan.
The finance charge (interest) of the installment loan is $1,333.08.
What is the finance ?Finance is the study and management of money, investments, and other financial assets. It includes understanding and analyzing financial markets, financial instruments, financial institutions, and the money flows in an economy. It is a broad field that covers topics such as personal financial planning, corporate finance, investments, banking and insurance, public finance, and international finance. The goal of finance is to maximize wealth and minimize risk. This can be achieved by managing resources, setting goals, analyzing data, and making informed decisions.
To learn more about finance
https://brainly.com/question/989344
#SPJ1
mary beth is considering accepting some additional contract work. she is trying to evaluate whether the compensation for the job is worth the effort. which tax rate should she use to calculate her after-tax proceeds of accepting the job? multiple choice question. effective tax rate
To calculate Mary Beth's after-tax proceeds from accepting additional contract work, she should use her marginal tax rate.
The marginal tax rate is the tax rate that applies to the next dollar of income she earns. It takes into account the fact that as Mary Beth earns more income, she may move into a higher tax bracket, which would increase the amount of tax she pays on her additional income.
By using her marginal tax rate, Mary Beth can calculate the after-tax amount of compensation she would receive from the additional contract work. This will help her evaluate whether the compensation is worth the effort, taking into account the tax implications.
It's important to note that the marginal tax rate may be different from the effective tax rate, which is the total amount of tax paid as a percentage of total income. The effective tax rate is useful for understanding Mary Beth's overall tax burden, but it may not accurately reflect the impact of additional income on her tax liability.
To learn more about marginal tax rate please click on below link
https://brainly.com/question/30404864
#SPJ4
Core competencies of a business are generated by the interaction of ______.A. value on investment (voi) and return on investment (roi)B. resource heterogeneityC. resources and capabilitiesD. competitive advantage
Core competencies of a business are generated by the interaction of resources and capabilities.
What is Core competency?Resources refer to the assets that a company has at its disposal, such as financial capital, human capital, physical assets, and intellectual property. Capabilities refer to the skills and abilities that a company has to effectively utilize these resources to create value for its customers.
A core competency is a unique capability or combination of capabilities that allows a company to provide a product or service in a way that is superior to its competitors. It represents a competitive advantage that is difficult for other firms to replicate or imitate.
Therefore, the interaction of a company's resources and capabilities is essential for the development of its core competencies. The effective combination of resources and capabilities can create a sustainable competitive advantage and generate value for the company and its stakeholders.
To know more about Core competency, check out:
https://brainly.com/question/2949366
#SPJ1
ricki is charged with a crime in a small town in michigan. ricki knows many people who live in the town due to its small size. ricki's attorney argues that the case should be heard in a different town because the case will harm ricki's reputation in this small town. the prosecuting attorney argues for the case to be heard in the small town in michigan. the concept the attorneys are arguing over is:____.
The prosecuting attorney argues for the case to be heard in the small town in michigan, the concept the attorneys are arguing over is venue.
Who is attorney?
An attorney, also known as a lawyer, is a professional who practices law, as an advocate, barrister, solicitor, counselor, attorney, or civil law notary.
They provide legal advice and representation to clients, and are licensed by state bar associations to practice law.
Attorneys can specialize in various areas of law such as criminal law, civil law, family law, intellectual property law, and more. They are responsible for upholding the law and protecting the rights and interests of their clients.
To know more about attorney visit:
https://brainly.com/question/10775722
#SPJ4
suppose an auto manufacturer produces 20,000 vehicles this year and only sells 15,000 of them to auto dealers. under which expenditure approach category do the remaining 5,000 vehicles fall?
A car manufacturer makes 20,000 vehicles, but only sells 15,000 of them to car dealers. The remaining 5,000 automobiles fall under the investment expenditure approach category.
What factors affect investment spending?Investment expenditures are costs incurred for brand-new capital equipment. The four types of investment include new nonresidential structures, adjustments to inventory, producer's permanent equipment and software, and residential structures. Investment increases the capital stock, and the amount of capital that is accessible to a business is a key factor in determining its productivity. Investment supports economic expansion in this way. spending by the corporate sector on finished products and services, or GDP, particularly the acquisition of useful capital goods. The macroeconomic activity that affects both short-term business cycles and long-term economic growth is heavily influenced by investment spending. The entire amount spent by all businesses on capital goods is referred to as investment expenditure.
To know more about Investment Expenditure Visit:
brainly.com/question/29674682
#SPJ1
When income changes, ________ can either increase or decrease
When income changes, consumption can either increase or decrease.
Why do Consumption Increase or Decrease When Income changes?This is because consumption is directly related to income. When people have more income, they tend to spend more on goods and services.
Conversely, when people have less income, they tend to spend less on goods and services. This relationship between income and consumption is known as the income effect.
Therefore, When income changes, consumption can either increase or decrease.
Learn More about Income at https://brainly.com/question/14732695
#SPJ11
the cost of a water purification system can be used to measure the willingness to pay for improved water quality, according to the:
Secchi discs (which measure the transparency of the water), probes, nets, gauges, and metres are just a few of the many tools scientists use to assess the quality of the water.
Some toxins in our water might cause health concerns, such as neurological diseases, reproductive transparency, and gastrointestinal illnesses. Those with low immune systems, infants, young children, quality women, the elderly, and preg-nant women may be particularly susceptible to sickness.
Frequent transparency measurement is a crucial transparency management technique because it: Encourages the efficient use of limited resources and the provision of essential services. gives the data required to manage health insurance policies, medical professionals.
To learn more about transparency, click here.
https://brainly.com/question/7497691
#SPJ4
Transcribed image text: > Question 9 One would speak of a movement along a supply curve for a good, rather than a change in supply, if o the cost of producing the good changes. O supplier expectations about future prices change. the price of the good changes. O prices of substitutes in production change.
One would speak of a movement along a supply curve for a good, rather than a change in supply, if the price of the good changes.
A movement along a supply curve occurs when there is a change in the price of the good. In this case, suppliers respond to the price change by adjusting the quantity of the good supplied, but there is no shift in the entire supply curve. If the cost of producing the good changes, there would be a shift in the supply curve, as suppliers would need to produce a different quantity of the good at every price level. Similarly, if supplier expectations about future prices change or if the prices of substitutes in production change, there would be a shift in the supply curve, rather than a movement along it.
Learn more about business here: brainly.com/question/15826604
#SPJ4
Developing a strategic vision for a company entails:
a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense.
b) describing its business model and the kind of value that it is trying to deliver to customers.
c) putting together a story line of why the business will be a moneymaker.
d) describing "who we are and what we do"
e) coming up with a 5-year term plan for outcompeting rivals
Developing a strategic vision for a company entails: "a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense."
Why it is ?
Developing a strategic vision involves setting a long-term direction for the company and creating a clear rationale for why this direction makes sense for the business. This involves identifying the company's goals, mission, and values, as well as understanding its competitive environment and market trends.
The strategic vision should provide a clear roadmap for where the company is headed and what it hopes to achieve, and it should be aligned with the company's overall strategy and goals. It should also be communicated clearly to all stakeholders, including employees, customers, investors, and partners.
While describing the business model, identifying value proposition, and coming up with a 5-year term plan are important components of developing a strategic vision, they are not sufficient on their own. A strategic vision needs to be comprehensive, forward-looking, and grounded in a clear understanding of the company's market and competitive environment.
To know more about company strategy visit:
https://brainly.com/question/20630010
#SPJ4
3. crown company uses process costing and the weighted average method. the first department is assembly and it has (1) materials and (2) conversion. the following information is available for january 2023. beginning work in process had 20,000 units. they were 100% complete in materials and 75% complete in conversion. ending work in process had 40,000 units. they were 100% complete in materials and 25% complete in conversion. 180,000 units were started into production in january. 160,000 units were completed and transferred out. beginning work in process had $25,200 costs in materials and $24,800 costs in conversion. costs added during january were $334,800 in materials and $238,700 in conversion. required: a.) compute equivalent units of production for materials and for conversion for january. b.) compute the cost per equivalent for materials and for conversion for january. c.) compute the cost of ending work in process inventory for materials, for conversion, and in total for january. d.) compute the cost of units transferred out for materials, for conversion, and in total for january. e.) prepare a cost reconciliation for the assembly department for january.
Crown Company use the weighted average approach and process costing. Assemblies must determine equivalent units of output for materials and conversion for January in their first department.
Production processes that are standard use a process costing system. Every time a process cost sheet for a department is created, it is quite likely that the department has some incomplete units either in its beginning work in process, ending work in process, or both. In such a scenario, it's critical to establish a cost flow assumption, or an understanding of the sequence in which costs are distributed to the following department. Both first-in, first-out (FIFO) and weighted average are cost-flow hypotheses.
The expenses are averaged out and equally applied to both units transferred out and units in closing work in process in the weighted average method of process costing. Weighted average approach differs from FIFO method, which posits that costs introduced first into a department are transferred out first.
learn more about process costing here:
https://brainly.com/question/13376451
#SPJ4
Based on evidence cited in the chapter, with which job aspect are people LEAST satisfied?
A. Pay
B. Promotion opportunities
C. Supervision
D. The work itself
E. Coworkers
Based on the evidence presented in this chapter the aspect of the job are you Least satisfied with Variant B. Promotion opportunity
The required details of promotion is given below.
In marketing, advertising refers to any type of marketing communication used to inform the target audience, in most cases by persuasion, of the relative merits of a product, service, brand or issue. It helps marketers create a distinctive place in the minds of customers, it can be a cognitive or emotional journey. The purpose of the promotion is to increase brand awareness, generate interest, generate sales or build brand loyalty. It is one of the basic elements of the market mix, which consists of the four Ps, namely product, price, location and promotion.
The promotion includes the means of communication used by the retailer to convey information about their product. Information can be both verbal and visual.
To know about promotion click here
https://brainly.com/question/29802063
#SPJ1
to an economist, the four factors of production are multiple choice labor, workers, profit, and services. entrepreneurship, machinery, workers, and profit. land, labor, capital, and entrepreneurship. none of the choices are correct.
Factors of production are the inputs needed for the creation of a good or service, these include labor, entrepreneurship, and capital.
What is entrepreneurial activity?Entrepreneurship, at the most basic level, refers to an individual or a small number of partners who embark on a novel course to found a new company. An aspiring entrepreneur actively seeks out a certain commercial enterprise, and it is they who take up the majority of the program's risk.
What is an entrepreneur's job description?An entrepreneur is somebody who develops and expands a firm employing their original ideas. Along with generating income, businesspeople contribute significantly in the advancement of their organizations.
To know more about entrepreneurship visit:
brainly.com/question/29978330
#SPJ4
For which product is demand likely to be the most elastic? a) A product with no substitutes b) a product with many adequate substitutes c) a product with inadequate substitutes d) it is impossible to tell
Because people are willing to purchase at a cheaper price if prices drop, expensive goods frequently exhibit large elasticities. Products with numerous alternatives or rivals are elastic because customers switch to other products as the price of the original product rises.
What contexts exist for the word "purchase"?
When a noun form is necessary, such as in the phrase: You made a wise purchase when you bought gasoline before the price climbed., the word "buy" should also be used. Try to use "buy" for simple transactions and "purchase" for more formal cash exchanges for goods. The value of all products and services purchased during the accounting period for resale or consumption in the manufacturing process is included in purchases of goods and services, with the exception of capital goods, whose consumption is recorded as consumption of fixed capital.
Know more about products Visit:
https://brainly.com/question/28813267
#SPJ1
which of the following criteria will contribute toward qualifying a taxpayer for head of household status? (check all that apply.) multiple select question. have lived with a qualifying person in the taxpayer's home for more than half the year be a qualifying widow or widower be married with a spouse that is not employed outside the home be unmarried (or considered unmarried under the abandoned spouse provisions) at the end of the year provide over half the cost of maintaining a household for a dependent parent not living with the taxpayer pay more than half the costs of keeping up a home for the year
Option a, b, c & f. The following criteria will contribute toward qualifying a taxpayer for head of household status.
- Living with the beneficiary in the taxpayer's home for at least six months.
- Be unmarried at the end of the year (or be considered unmarried under the Spousal Abandonment Regulations).
- Provides more than half of household costs for dependent parents who do not live with the taxpayer.
- Pay more than half of your annual home maintenance costs
A taxpayer is an individual or entity that is required/needed to pay taxes to a federal, state, or local government.
Individual and corporate taxes are the main source of government revenue. In the United States, individual taxpayers are typically required to file and pay both federal and state tax returns annually.
To learn more about taxpayer, here:
https://brainly.com/question/13092166
#SPJ4
Complete question:
Which of the following criteria will contribute toward qualifying a taxpayer for head of household status?
a. Have lived with a qualifying person in the taxpayer's home for more than half the year
b. Be unmarried (or considered unmarried under the abandoned spouse previsions ) at the end of the year
c. Provide over half the cost of a household for a dependent parent not living with the taxpayer
d. Be married with a spouse that is not employed outside the home
e. Be a qualifying widow or widower
f. Pay more than half the costs of keeping up a home for the year
the uncertainty that exist due to portion of demand that the supply chain is required to meet is the question 6 options: average forecast error implied demand uncertainty demand uncertainty rate of strategic uncertainty
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the implied demand uncertainty.
Demand uncertainty refers to the variability or unpredictability of customer demand for a product or service, which creates uncertainty in the supply chain. The portion of demand that the supply chain is required to meet can affect the level of demand uncertainty, as well as the level of risk and complexity in the supply chain. Therefore, the uncertainty that exists due to the portion of demand that the supply chain is required to meet falls under the category of demand uncertainty.
Rate of strategic uncertainty refers to the degree of unpredictability or change in the competitive environment or market conditions. Implied demand uncertainty refers to the level of uncertainty that is implied by the forecasts or estimates of future demand. Average forecast error refers to the difference between the predicted or forecasted demand and the actual demand.
learn more about supply chain here
https://brainly.com/question/30086410
#SPJ4
complete question:
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the
A) rate of strategic uncertainty.
B) demand uncertainty.
C) implied demand uncertainty.
D) average forecast error.
E) none of the above
in his theory of absolute advantage, adam smith advocated that __________ should determine what a country imports and what it exports.
In his theory of absolute advantage, Adam Smith advocated that a country's ability to produce a particular good more efficiently than other countries should determine what it exports and what it imports.
He believed that this specialization would lead to increased productivity and economic growth, benefiting both trading partners. By specializing in the production of goods in which they have an absolute advantage, countries can trade with each other and benefit from the gains of trade.
For example, if a country has an absolute advantage in producing cars, it can produce cars at a lower cost and more efficiently compared to other countries. Another country may have an absolute advantage in producing textiles.
By specializing in the production of cars and textiles respectively, both countries can trade with each other and benefit from the resulting gains in productivity, output, and wealth. Smith's theory of absolute advantage laid the foundation for international trade theory and provided a rationale for free trade.
According to this theory, trade should be based on the principle of comparative advantage, which means that countries should produce and trade goods in which they have a comparative advantage, even if they do not have an absolute advantage.
To learn more about imports click on,
https://brainly.com/question/29435347
#SPJ4
why is communication with another person or group described as an action chain? give an example of an action chain that might occur when you meet (1) a friend, (2) your new boss, and (3) a young child. gg
Communication is referred to as a "action chain" because one word or action might result in the creation of another, like a link in a chain.
What do you mean by an action chain in communication?Action chains are sets of steps where the activity or benefit of one step serves as the signal for the following step. Therefore, the sequence is: Cue --> Action --> Reward --> Cue --> Action --> Reward.
A talker and a listener are connected through an electric, visual, or aural channel in a communication chain.
The wheel network, chain network, circle network, and all-channel network, which are each of four different varieties.
Therefore, Communication is referred to as a "action chain" because one word or action might result in the creation of another, like a link in a chain.
To know more about the action chain, visit:
https://brainly.com/question/29670436
#SPJ1
michael owns a small plane that he flies on weekends. his insurance agent informs him that aircraft are excluded as personal property under his homeowners policy. as an insured, he feels that his plane should be covered just like any other personal property he owns. explain to michael the rationale for excluding certain types of property, such as aircraft, under the homeowners policy. explain some additional reasons why exclusions are present in insurance contracts.
Exclusions are present in insurance contracts to help insurers manage risk and maintain affordability, encourage risk reduction. For high-risk assets such as aircraft, separate insurance policies are often necessary to provide adequate coverage.
Due to the high-risk nature of these assets, insurance companies often have separate policies designed specifically for aircraft. These policies typically provide broader coverage for the aircraft itself, as well as liability coverage for injuries or damages that may occur during operation.
Exclusions are present in insurance contracts for various reasons, including:
To limit the insurer's liability: Exclusions help insurers limit their exposure to risk and ensure that they are only responsible for covered losses. Without exclusions, the insurer would be responsible for paying out claims for all types of losses, regardless of the risk level.To maintain affordability: Exclusions allow insurers to offer more affordable insurance premiums by excluding high-risk assets or events that are less likely to occur. This helps to make insurance more accessible to a wider range of customers.To encourage risk reduction: Insurance policies often include exclusions for losses that could be prevented through risk reduction measures, such as regular maintenance or safety precautions. By excluding losses that could have been prevented, insurers encourage their policyholders to take proactive measures to reduce their risk exposure.To comply with regulations: Insurance companies must comply with state and federal regulations, which may require certain exclusions in insurance policies. For example, some states may require insurers to exclude coverage for certain natural disasters or other events.For more such questions on Property
https://brainly.com/question/30155794
#SPJ4
The most basic question in an ethics-based management system is asking the question:
a) Is it balanced?
b) Is it legal?
c) Who will know?
d) Has it been done before?
b
Is it legal is the most basic question in an ethics based management system.
What three categories exist for management ethics?Managerial ethics are moral principles or standards of behaviour that managers of organisations employ to conduct their operations. According to Archi B. Carroll, managers fall into one of three categories based on their moral or ethical judgement: immoral management, amoral management, or moral management. A little more specifically, ethical management requires individuals who are in charge of a certain department or the entire organisation to put good deeds into action. These strategies must support not only the employees of the company but also the organisation as a whole. Two coworkers who follow different religions argue about their ideologies.
To Know more about Ethics-based management system Visit:
brainly.com/question/30098023
#SPJ4
acme, inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. given that the bank reconciliation shows outstanding checks of $3,000; deposits outstanding of $2,000; nsf check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals: multiple choice question.
Based on the information provided, the company's up-to-date ending cash balance can be calculated as follows:
Beginning cash balance = $10,000
Outstanding checks = -$3,000
Deposits outstanding = +$2,000
NSF check = -$100
Interest earned = +$10
To calculate the up-to-date ending cash balance, we need to adjust the beginning balance for these items:
$10,000 - $3,000 + $2,000 - $100 + $10 = $8,910
Therefore, the company's up-to-date ending cash balance is $8,910.
It's important to note that bank reconciliations are important tools for businesses to ensure that their accounting records match their bank statements. By reconciling the two, businesses can identify and resolve discrepancies, which can help prevent fraud and errors in financial reporting.
Learn more about bank reconciliations here:
https://brainly.com/question/15525383
#SPJ4
ophra invested well and plans to retire now because she has $2,300,000 in her tax-deferred ira account. how long will she be able to withdraw $125,000 per year (beginning 1 year from now) if her investments earn at a rate of 4% per year? solve using factors and the nper function.x
The result is approximately 21.85 years. Therefore, Oprah will be able to withdraw $125,000 per year for approximately 21.85 years (beginning 1 year from now) if her investments earn at a rate of 4% per year.
To calculate the number of years that Oprah will be able to withdraw $125,000 per year, we can use the present value formula for an annuity:
[tex]PV = Payment x [(1 - (1 + r)^-n) / r][/tex]
where PV is the present value of the annuity, Payment is the annual payment, r is the interest rate, and n is the number of periods (in this case, the number of years).
We want to solve for n, so we can rearrange the formula as follows:
[tex]n = -ln(1 - PV x r / Payment) / ln(1 + r)[/tex]
Plugging in the values given, we get:
PV = $2,300,000
Payment = $125,000
r = 0.04
Using these values, we can calculate the number of years using the NPER function:
=NPER(0.04, -125000, 2300000, 0, 1)
The result is approximately 21.85 years. Therefore, Oprah will be able to withdraw $125,000 per year for approximately 21.85 years (beginning 1 year from now) if her investments earn at a rate of 4% per year.
To learn more about investments earn please click on below link.
https://brainly.com/question/28416628
#SPJ4
half a century ago, which country dominated world foreign direct investment? multiple choice question. china russia united kingdom united states
Half a century ago the United States became the only country that dominated world foreign direct investment. Hence, option D is appropriate.
What is the meaning of foreign direct investment?An investment in the form of controlling ownership in a company, in real estate, or in productive assets like factories made in one nation by a company located in another is known as a foreign direct investment.
Foreign direct investment (FDI) is a type of cross-border investment in which a stake in any significant degree of control over an enterprise located in another country is established over time by an investor who resides in one economy.
Hence, option D is correct.
Learn more about Foreign direct investment (FDI) here:
https://brainly.com/question/27540611
#SPJ1
if a company overstates its ending inventory for the current year, what are the effects on cost of goods sold and net income for the current year?
The understatement of cost of products sold and the overstatement of net income for the current year will result from the overstatement of ending inventory for the current year.
The value of the inventory represented on the balance sheet is higher than its real worth when a corporation overstates its ending inventory. In turn, this will result in a cheaper cost of goods sold because the cost of the inflated inventory won't be taken into account. The current year's net income of the company will be inflated because net income is determined by deducting cost of goods sold from revenue.
Essentially, an overstatement of closing inventory can falsely inflate a company's profits for the current year and, if the overstatement is not corrected, can have a cascade effect on future financial statements. To avoid such mistakes and maintain the integrity of their financial reporting, businesses must guarantee the accuracy of their inventory accounting.
Read more about Financial accounting:
https://brainly.com/question/14546386
#SPJ4
dan dayle started a business by issuing an $80,000 face value note to first state bank on january 1, year 1. the note had an 8 percent annual rate of interest and a five-year term. payments of $20,037 are to be made each december 31 for five years. required what portion of the december 31, year 1, payment is applied to interest expense and principal? what is the principal balance on january 1, year 2? what portion of the december 31, year 2, payment is applied to interest expense and principal? (round your answers to the nearest dollar amount.)
The $5,309 of the December 31, year 2 payment is applied to interest expense and $14,728 is applied to principal.
The note has an $80,000 face value, an 8% annual interest rate, and a 5-year term, with payments of $20,037 due each December 31.
To calculate the portion of the December 31, year 1 payment that is applied to interest expense and principal:
First, we can calculate the total interest expense for the year:
Interest expense = Beginning balance x Interest rate
= $80,000 x 8%
= $6,400
Next, we can calculate the amount of the payment that goes towards interest:
Interest payment = Beginning balance x Interest rate
= $80,000 x 8%
= $6,400
Finally, we can calculate the amount of the payment that goes towards principal:
Principal payment = Total payment - Interest payment
= $20,037 - $6,400
= $13,637
Therefore, $6,400 of the December 31, year 1 payment is applied to interest expense and $13,637 is applied to principal.
To calculate the principal balance on January 1, year 2:
First, we can subtract the principal payment made on December 31, year 1 from the original principal balance:
$80,000 - $13,637
= $66,363
Therefore, the principal balance on January 1, year 2 is $66,363.
To calculate the portion of the December 31, year 2 payment that is applied to interest expense and principal:
We can use the same approach as before.
First, we can calculate the total interest expense for the year:
Interest expense = Beginning balance x Interest rate
= $66,363 x 8%
= $5,309
Finally, we can calculate the amount of the payment that goes towards principal:
Principal payment = Total payment - Interest payment
= $20,037 - $5,309
= $14,728
Therefore, $5,309 of the December 31, year 2 payment is applied to interest expense and $14,728 is applied to principal.
For such more question on interest:
https://brainly.com/question/25845758
#SPJ4
harmon clothing has a production facility located in venezuela. recently, harmon has been unable to arrange for overseas loans due to the burdensome regulatory policies of the venezuelan government. which type of political risk is harmon most likely experiencing?
skills if they want to come home. Under government policy, some of your children have been arbitrarily terminated because they have become "Urban Indians.
which type of political risk is harmon most likely experiencing?Harmon clothing is likely experiencing a systematic political risk. A systematic political risk can be explained as the political events, decision or regulations which can negatively affect the growth or survival of a business or investment in a particular country. Systematic political risks may affect all segments of a country's market or it might be targeted towards a particular sector or market segment. Systematic political risk may stem from wholesale change in policies and regulation of the host government due to change of power or shift in major economic decisions or protocol.
To know more about Harmon visit:
https://brainly.com/question/14864722
#SPJ4
the process of creating a profile of your ideal customer for the purposes of developing a marketing strategy is known as what?
Any good marketing strategy, whether written in 1916 or 2016, starts with identifying the customer and their needs. And it all starts with developing an ideal customer profile, also known as a buyer persona.
What is the customer profiling procedure?
Customer profiling is the process of describing a customer or group of customers based on demographics, psychographics, purchasing patterns, and other factors.
An ideal customer profile (ICP), also known as an ideal buyer profile, defines the ideal customer for the problem that your company solves. This is a fictitious company with all of the characteristics that would make it the best fit for the solutions you offer.
Therefore, In other words, it is identifying the characteristics of people who are most likely to buy your product or service and get a lot out of it.
Learn more about marketing strategy from the given link.
https://brainly.com/question/29376574
#SPJ1
what are two of the differences between large and small company payroll practices quizzlet
The two differences between large and small company payroll practices lie in their level of complexity and automation.
There are several differences between large and small company payroll practices. Two of the main differences are:
1. Complexity: Large company payroll practices are generally more complex than small company payroll practices. This is because large companies have more employees, which means that they have to deal with more payroll-related issues, such as tax withholding, benefit deductions, and other payroll-related matters. Small companies, on the other hand, have fewer employees, which means that they have to deal with fewer payroll-related issues.
2. Automation: Large companies are more likely to use automated payroll systems than small companies. This is because large companies have more employees and more complex payroll practices, which makes it more difficult to manage payroll manually. Small companies, on the other hand, are more likely to use manual payroll systems, as they have fewer employees and less complex payroll practices.
Overall, there are several key differences between large and small company payroll practices, including the level of complexity and the use of automation.
Learn more about Payroll:
https://brainly.com/question/541599
#SPJ11
the extent to which a change in price causes a change in the quantity demanded
TRUE. The statement "The extent to which a change in price causes a change in the quantity demanded" is true.
The extent to which a change in price causes a change in the quantity demanded is known as the price elasticity of demand. Price elasticity of demand measures the responsiveness of quantity demanded to a change in price, and is calculated as the percentage change in quantity demanded divided by the percentage change in price. If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be elastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be inelastic. If the percentage change in quantity demanded is equal to the percentage change in price, demand is said to be unit elastic.
To learn more about quantity demanded please click on below link.
https://brainly.com/question/28814245
#SPJ4
The extent to which a change in price causes a change in the quantity demanded? True/False
What does the rule say that more will be demanded at a lower price and less at a higher price?
The law of demand states that higher prices result in smaller quantities demanded while lower prices result in larger quantities demanded. Demand curves and demand schedules are tools used to describe the relationship between quantity desired and pricing.
What is the law of demand?
The price of a good or service and the quantity of that good or service that buyers are willing and able to acquire are indirectly correlated, in accordance with the Law of Demand. In other words, if an item's price increases, buyers are less inclined and able to buy it, and vice versa.
To know more about larger quantities visit;
https://brainly.com/question/13042397
#SPJ4
