Answer:
a) k = $1734.86 per year
b) $5244.02
Explanation:
Principal ( borrowed ) = $6900
Annual interest rate = 18% ( compounded continuously )
Borrower makes a continuous payment at a constant rate : $k per year
a) Determine payment rate required to payoff loan ( in 7 years )
let loan at time ( t ) = x
x = $6900 , at t = 0
rate of increase of loan amount = 0.18x
rate of decrease of loan amount = k
∴ net change of loan x
= dx/dt = 0.18x - k
hence ; dt = dx / ( 0.18x - k )
k = $1734.86 per year
attached below is a part of the solution
b) Determine how much interest is paid during 7-year period
Interest paid in 7 years
= Amount paid - principal amount
= ( 1734.86 * 7 ) - 6900
= $5244.02
Norah was less educationally qualified and experienced than her colleagues when she joined Micro Systems Inc. However, due to her ability to negotiate effectively with clients, convince her team members to work harder, and understand their needs, she is a senior-level manager today. Which skills can be most attributed to Norah's success in this scenario
Answer:
human relations skills
Explanation:
It is correct to say that Norah's human relations skills helped her achieve the position of senior manager, despite being less educationally qualified than her peers.
Human relations skills correspond to the skills a person has in dealing with people, such as Norah's negotiating, convincing, understanding, and motivating skills in relation to her team members. These skills are essential for a manager, who is the leader responsible for coordinating and controlling through good interpersonal skills, the ability to help and motivate his team to achieve organizational goals and objectives.
To argue that schools should adjust their curriculum so that African, Asian, and indigenous accounts of history be incorporated with equal weight alongside European accounts is to advocate for
Answer:
racial justice and democracyExplanation:
I hope this answer will help you! I know the answer because I actually took this test last year.
Advocates for racial justice and democracy will say that schools should change their curricula so that Native American, Asian, and African historical perspectives are given the same weight as European ones.
What is the significance of racial justice?Prior to the early 1960s, the racial justice of equality was challenging for African, Asian, and Native Americans to achieve equality. Racial equality has, however, recently been included into laws that typically guarantee that everyone has access to equal chances in terms of treatment, education, work, and other facets of life.
It has been demonstrated that racial disparities in educational and economic performance have an adverse effect on the economic security of all Americans, regardless of race, in addition to having an adverse effect on the economic well-being of racial and ethnic minorities.
Therefore, it is racial justice and democracy.
Learn more about the democracy, refer to:
https://brainly.com/question/13158670
#SPJ6
Taco Hot Dogs, Inc., regularly advertises its products. Under the First Amendment, in comparison with noncommercial speech, the protection given these ads is
True or false. Unintended market conditions, including black markets and shortages, can occur through the price restraint of a price ceiling set above the market-clearing price.
Answer:
false
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Price floor set above the market-clearing price is non binding
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Julie sets high goals for herself at work. She is more committed to reaching these goals than most employees. She is organized, works hard, and remains persistent in the face of obstacles to reaching her work goals. Julie would probably score high on a measure of
Answer:
conscientiousness.
Explanation:
A personality psychologist can be defined as an individual who is saddled with the responsibility of studying the emotions, behaviors, motives, and thought patterns of individuals and how these psychological subsystems affects their lives. This ultimately implies that, personality psychologist are much more interested in studying the individual differences in humans in relation to their psychology.
Conscientiousness is one of the Big Five trait of personality, amongst other traits such as agreeableness neuroticism, extraversion and openness. They are used to access the personality of a living organism, especially human beings.
In this scenario, Julie would probably score high on a measure of conscientiousness because she possesses the following attributes or qualities; organized, works hard, persistent, committed, etc.
Broker A is involved in an exclusive right to sell listing with his seller client, Seller S. After receiving the property condition disclosure form from Seller S, Mark hosts an open house to promote his new listing. At the open house a customer expresses concerns about radon levels in the area. Seller S did not indicate a radon problem on the property disclosure. What is Broker A's best course of action in this situation
Answer:
In such a scenario, it is recommended that Broker A should acknowledge the concerns of the customer because this is a material concern. They should then remind the customer that there exists a Property Disclosure Form which is made by the Seller that the customer is allowed to view to see if there is anything wrong with the house.
You as the broker, are acting on behalf of the seller so should not disclose any information than what is on the Property Disclosure Form.
If however, you know of a radon problem in the property in your personal capacity, the law requires that in the interest of safety, you reveal this to the customer if the seller did not disclose this in the form.
Stewart Airlines is well known for providing excellent customer service to its flyers. The staff members inquire about each flyer's wants and needs and listen carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to. In this scenario, Stewart Airlines illustrates _______, which has been found successful in spurring on the growth of customer relationship management.
Answer:
Personalisation
Explanation:
Personalisation of services in customer relationship is the act of anticipating the needs of the customer before they occur and providing this service in a timely fashion.
This results in increased customer benefits and greater loyalty.
In the given scenario Stewart Airlines provides excellent customer service to its flyers by inquiring about each flyer's wants and needs and listening carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to.
This is personalisation of service
By hiring your children, you can
pay low wages.
show how much you care.
transfer wealth without estate taxes.
avoid payroll taxes. (Not the correct answer)
Answer: transfer wealth without estate taxes.
Explanation:
There are several methods to avoid having to pay estate taxes when passing on wealth to your children and this is one of them. By paying your children more than you should actually be paying them, this would be counted as payroll.
Of course your children will just get charged higher payroll taxes but you would have avoided estate taxes. Other methods include gifting them money up to a certain extent every year or using a Grantor Retained Annuity Trust.
The following industries have a market-oriented location A. Newspapers B. Yahoo! Data center C. Paper mills D. Textiles
Answer:
A. Newspapers
D. Textiles
Explanation:
Market oriented location is the selection of business location based on customers. The market for business will be selected where there are customers already present. This is possible where there is presence of some competitor in market and business chooses to open its store just beside him so that competitor customers may visit our store too.
Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. offering rebates and incentives to customers for adopting a product or service. emphasizing customer retention and satisfaction, rather than a dominant focus on sales transactions. leveraging a firm's customers to promote a product or service. paying celebrities to use a product visibly to lure customers into unwittingly buying the product.
Answer:
leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,
For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good
A sales invoice included the following information: merchandise price, $9,900; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,100 added to the invoice. Assuming that a credit for merchandise returned of $900 (before discount) is granted prior to payment and the invoice is paid within the discount period, what amount of cash should be received by the seller
Answer: $10010
Explanation:
The amount of cash that should be received by the seller will be:
($9900 - $900) = $9000
$9000 × 1% = $90
$9000 - $90 = $8910
$8910 + $1100 = $10010
Therefore, the amount of cash should be received by the seller will be $10010.
Asiago National Bank has assets of $900,000 and liabilities of $300,000. Asiago National Bank's net worth is $300,000. $600,000. $900,000. $1,200,000.
Answer:
Net worth = $600000
Explanation:
Below is the calculation:
Given the Assets = $900000
Liabilities of the bank = $300000
The net worth can be calculated by subtracting the liability from the assets.
Net worth = Assets - Liabilities
Net worth = 900000 - 300000
Net worth = $600000
Although monetary policy cannot reduce the natural rate of unemployment, other types of government policies can. a. True b. False
Answer:
False
EXPLANATION:
Trish Himple owns a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002. Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on an accrual basis. The income and expenses for the year are:
Answer:
Trish has income of $211,000
Expenses are $186,000
Explanation:
Income :
Returns and Allowances $340,000
Cost of Goods Sold $326,000
Other deductions $14,000
Gross Profit is $211,000
If a stock were overpriced, it would plot A) above the security market line. B) below the security market line. C) on the security market line. D) on the y-axis.
Answer:
A) above the security market line.
Explanation:
A) above the security market line.
Option "a" is correct because all the correct priced stock will be shown on the security market line while the underprice stock is represented above the security market line and the overpriced stock is shown below the security market line.
Q. Compared with other investment asset classes, an investment in real estate is least likely to be characterized by:
Answer:
i really dont know/////////////////////////////////////////////////
Explanation:
which type of approach to manufacturing tries to anticipate customer demand when deciding how much to produce and when
Answer:
Push manufacturing.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Push manufacturing is a type of approach to manufacturing that typically tries to anticipate customer demand when deciding how much to produce and when. Thus, its required that a manufacturer anticipate the demand of consumers when using the push manufacturing approach.
A website such as Lucky Brand can target each of the following with remarketing, except Group of answer choices everyone that has visited any page on Lucky Brand's website anyone who has visited only Lucky Brand's homepage visitors to the Lucky Brand site who did not make a purchase visitors to Lucky Brand who have also visited a competing brand
Answer: visitors to Lucky Brand who have also visited a competing brand
Explanation:
Remarketing us an online targeted advertising whereby customers are targeted based on the previous internet behaviour that they had. It's done in order for a company to be able to connect with the people who have interacted previously with the company's website.
Remarketing can be used to target everyone that has visited any page on Lucky Brand's website, people who visited only Lucky Brand's homepage and the visitors to the Lucky Brand site who did not make a purchase.
It should be noted that it can't be used to target visitors to Lucky Brand who have also visited a competing brand.
Mismanaged project management can lead to _____ of wasted dollars (USD) every year for organizations around the world.
Answer: $2 trillion
Explanation:
Research shows that organizations around the world waste around $1 million every second due to them being unable to efficiently implement business strategy.
When added up, this brings the estimate to about $2 trillion every year which is almost half of the U.S. Federal budget in 2020. It is therefore important that companies prioritize efficient management and use of resources so that less money is wasted.
Th process of gaining the resources and skill needed in managing consumer resources is known as
A.) Consumer Education B.) Consumer participation
C.) Consumerism
D.) Consumer right
Answer:
A.) Consumer Education
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.
Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.
Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.
Answer:
A) Consumer EducationExplanation:
Th process of gaining the resources and skill needed in managing consumer resources is known as consumer education .
Hope it is helpful to you ❣️☺️
On October 31, 20X5, West Company received a condemnation award of $450,000 as compensation for the forced sale of a warehouse. On this date the warehouse, including the land on which it was situated, had a book value of $275,000. During December 20X5, West purchased a parcel of land for a new warehouse site at a cost of $125,000. West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of
Answer:
$175,000
Explanation:
Calculation to determine West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of
Using this formula
Gain on condemnation=Compensation for the forced sale-Book value
Let plug in the formula
Gain on condemnation=$450,000-$275,000
Gain on condemnation=$175,000
Therefore what should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of $175,000
Lee works 40 hours per week, typically working 10 hours per day Monday through Thursday, and taking a three-day weekend. Lee works a ______ workweek
Answer:
Compressed workweek
Explanation:
Compressed workweek refers to the flexibility in which a worker works complete hours in a week but it works in fewer days. For instance, a worker works 4 days and completes 40 hours of work and then enjoys three days off. Here, this flexibility is called the compressed workweek.
Promotion is one of the 4P‘s of marketing. The promotion mix is ___??
Answer: Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market.
Explanation:
Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market. Some of what makes it up are public relations, advertising, personal sales.
Which of the following sales would be covered by Article 2 of the Uniform Commercial Code? Group of answer choices the sale of intangible goods the sale of tangible goods the sale of real estate the sale of stocks
Answer:
the sale of tangible goods
Explanation:
Article 2 is applied for the contract that made for selling the goods. the goods that are identifed at the time when the contract is created and could be moved. It mainly deals with the tangible things like computers, cars, pens, etc
The intellectual property and intangible should not be cover in this
Therefore the above should be considered
"Cory is a salesperson at Bayray Technologies, a company that manufactures laptops and cameras. During a sales presentation for the company's new camera, he states, "Cameras produced by us have the same resolution as the cameras produced by ClarityO, the world's number one camera manufacturer, but at a cheaper price." In this scenario, Cory is using a(n) _____ to describe the product."
Answer:
comparison
Explanation:
Since cory is a sales person at bayray technologies and at the time of sales presentation he stated that the camera resolution of our company should be similar with the Clarity O company but the price are cheaper so here cory is doing the comparison of cameras between his company and with the other company to capture the market share by telling the advantages of his company product
The following financial statement information is available for Coronado Corporation: 2020 2019 Inventory $45000 $47000 Current assets 112000 102000 Total assets 429000 358000 Current liabilities 28000 35000 Total liabilities 100000 89000 The current ratio for 2020 is
Answer:
4
Explanation:
Calculation to determine the current ratio
Using this formula
Current ratio = Current assets / Current liabilities.
Current ratio = 112000 / 28000 = 4
Therefore Current ratio is 4
True or false: Merchandise inventory is generally converted to cash more quickly than accounts receivable.
Answer:
False
Explanation:
Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer
So here the company could received the payment within 12 months it can be in within month also
So the given statement is false
cosA=1/2^-1.find the value of A
Answer:
A = 60°
Explanation:
Since cosA = 1/2, to find the value of A, we take the inverse cosine of both sides.
So, cosA = 1/2
So, taking inverse cosine of both sides, we have
cos⁻¹cosA = cos⁻¹(1/2)
So, A = cos⁻¹(1/2)
Using our calculator, taking cosine inverse of one-half, we find that, cos⁻¹(1/2) = 60°
Since cos⁻¹(1/2) = 60° and A = cos⁻¹(1/2)
This implies that A = 60°
So, we find that the value of A is 60°.
Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be
Answer:
$35,000
Explanation:
net operating income under variable costing would be calculated by preparing income statement under variable costing.
Smith Company
income statement under variable costing system
Sales (7,500 x $40) $300,000
Less Cost of Sales (7,500 x $18) ($135,000)
Contribution $165,000
Less Expenses
selling and administrative expense ($4 x 7,500) ($30,000)
fixed overheads :
manufacturing ($80,000)
selling and administrative expense ($20,000)
Net Income $35,000
n order to approve a loan, lenders want to see a credit score of at least _____. a. 300 b. 500 c. 700 d. 1200 Please select the best answer from the choices provided
Answer:
c. 700
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
In order to approve a loan, lenders want to see a credit score of at least 700.
In conclusion, lenders look at the credit score of a loan applicant so as to ensure that the applicant is financially responsible and would be able to repay the loan at the agreed upon date.