A backup buyer's contract is executed on September 28 with a four-day option period. on October 4, the seller informed the backup buyer that the first contract was terminated. the backup buyer's option period ends on October 8, 5 PM
What is backup buyer's contract?Generally, A backup offer is made in the process of purchasing a house to acknowledge an existing offer. This offer assures a contract with the seller in the event that the first offer is not accepted.
It is a legally binding contract, and if the seller chooses to accept it, it will place you in second place behind the original bidder in the event that they decide not to purchase the house.
On September 28, a backup buyer's contract is completed, and there is a four-day option period included in it.
On October 4, the seller conveyed the news to the backup bidder that the first contract had been voided. The time for the backup buyer's option expires on October 8 at 5:00 PM.
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Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.
Answer:
D.
Explanation:
They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,500 of direct materials and used $3,000 of direct labor. The job was not finished by the end of September, but needed an additional $2,000 of direct materials and additional direct labor of $4,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B
The balance in the Work in Progress account at the end of September relative to job A3B is $10500.
During September month material amounting to $1500 and direct labor amounting to $3000 was introduced in the process and Overheads at the end of each month is 200% of direct labor.
Cost incurred = 200% of $3000
= $6000.
As specified by the question that the job is not finished at month end and additional material and labor amounting to $2000 and $4500 respectively is required in October month . So the whole cost incurred in September month that is $1500+$3000+$6000=$10500.
$10500 is transferred to Work in progress account . When Job gets finished that is in month of October the whole cost amounting to 10500+2000+4500+(4500*200%) =$ 26000 transferred to Finished Goods Account.
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the main difference to shareholders between a tax-free and a taxable acquisition is that
answers to pick from
in a tax-free acquisition, the shares are only exchanged, while in a taxable transaction the shares are considered sold and realized capital gains or losses are taxed.
in a tax-free acquisition, a capital gain or loss is realized and then new shares are issued; in a taxable transaction, the assets are revalued, taxed on any capital gains or losses, and then shares are exchanged.
in a tax-free acquisition, the shareholders simply take the cash and depart, while in a taxable transaction the shareholders must stay with the new entity.
in a tax-free acquisition, the shares are only exchanged, while in a taxable transaction the shares are considered sold and realized capital gains or losses are taxed; and in a tax-free acquisition, the shareholders simply take the cash and depart, while in a taxable transaction the shareholders must stay with the new entity.
The main difference to shareholders between a tax-free and a taxable acquisition is that in a tax-free acquisition, the shares are only exchanged, while in a taxable transaction, the shares are considered sold, and realized capital gains or losses are taxed.
This means that in a tax-free acquisition, shareholders are able to avoid paying taxes on any capital gains or losses that may have been incurred.
In contrast, in a taxable acquisition, shareholders may have to pay taxes on any gains or losses from the sale of their shares.
Additionally, in a tax-free acquisition, shareholders may have more flexibility in terms of what they do with their shares, whereas in a taxable acquisition, they may be required to stay with the new entity.
It's important to note that the specific details of each acquisition will vary and may impact the outcomes for shareholders, but generally speaking, a tax-free acquisition can offer more benefits in terms of avoiding taxes and retaining flexibility.
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Answer:
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Which element of design can be used to create emphasis or de-emphasis on a garment?
A
Space
B
Shape
C
Line
D
Texture
The element of design which can be used to create emphasis or de-emphasis on a garment is line.
The emphasis in elements of design is where the part of the design which tends to catche the viewer's attention. So, usually the artist will make one area stand out by contrasting it with other areas. Thus, the area could be different in color, size, texture, shape, etc.
Here, lines can be used to emphasize, setting particular information which is off in a busy composition and as well as drawing the eye to a particular area. Thus, they can be formed into shapes or frames.
Hence, option C is correct.
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Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?
How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).
How much entertainment, compounded annually, would it take to double a fund in six years?You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.
What hobby costs how much per year if you want to double your money in three years?How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).
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When two different messages produce the same hash value what has occurred?
When two different messages produce the same hash value, it is called a hash collision. This means that the hash function used to generate the hash value was unable to produce a unique output for each input, and two different messages ended up with the same output.
While hash collisions are rare, they can still occur in certain circumstances, such as when the hash function is not strong enough or when there is a deliberate attempt to create a collision.
Hash collisions can pose security risks in certain situations, such as when a malicious user attempts to create a fake message with the same hash value as a legitimate message. This is known as a hash collision attack and can be used to bypass security measures such as digital signatures or to create fake digital certificates.
To prevent hash collisions, it is important to use strong hash functions that are resistant to collisions and to regularly update them as new vulnerabilities are discovered. Additionally, using salted hashes, where a random value is added to the message before hashing, can make it more difficult for attackers to create hash collisions.
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______________________ include both the private costs incurred by firms and also costs incurred by third parties outside the production process
Social costs include both the private costs incurred by firms and also costs incurred by third parties outside the production process. Therefore, below is a further explanation.
What are Social costs and its inclusion?Social costs are costs that include both the private costs incurred by firms and also additional external costs incurred by third parties outside the production process.
Therefore, the answer is social costs.
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Kristina works at a coffee shop. She can produce 200 coffee drinks in four hours. What is her productivity for one hour?
Answer: She can produce 50 drinks in 1 hour, 200/4 = 50
Answer:
50
Explanation:
divide 200 by 4
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how are wages determined in a free market?
Answer:
Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.
Explanation:
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Which statement describes the relationship between risk and returns?
a) higher risks often leads to lower potential returns.
b) higher riskes often leads to higher potential returns.
c) lower risks often leads to higher potential returns.
d) moderate risks often leads to highest potential returns.
Answer:
B) higher riskes often leads to higher potential returns.
Explanation:
Question 1 of 40
What of these statements best describes the purpose of a logo?
A. It consists of the words the audience will read first on an
advertisement.
B. It supports a marketing message by grabbing attention and
making an emotional appeal.
C. It lists information and other details needed to develop audience
interest and credibility.
D. It reminds the audience of the advertiser's identity.
SUBMIT
Answer:
D. It reminds the audience of the advertiser's identity.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers. It is generally considered to be one-sided because it focuses on painting a brand as the best and devoid of any negative issue.
A logo is simply a graphical symbol, emblem or illustration that serves as a means of identity and trademark of a particular company saddled with the responsibility of manufacturing goods and services for its customers. Logos are usually placed or inscribed in all products, so as to differentiate the brand from it's competitors and to make the customers aware of the identity of the manufacturer (advertiser) during an advertisement.
Hence, the statement which best describes the purpose of a logo is that it reminds the audience of the advertiser's identity.
Mary has calculated her adjusted balance as $500. She notices that her bank's service charges are $20 for this period. Mary's ending balance in her bank account is:a. $520.b. $480.c. $600.d. $500.e. $510.
Mary's ending balance in her bank account would be option B, $480. The adjusted balance refers to the balance in the bank account after adjusting for any outstanding checks, deposits in transit, and other adjustments.
In this case, Mary has already adjusted her balance to $500. However, she notices that her bank has charged $20 for service charges during the period, which means that the bank has deducted $20 from her account. To calculate the ending balance, we need to subtract the service charges from the adjusted balance, which gives us $500 - $20 = $480. Therefore, option B is the correct answer. It's important to keep track of all the transactions and fees related to our bank accounts to avoid overdrafts and ensure that our accounts have sufficient funds for our needs.
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Total Quality Management (TQM) is a management approach to long-term success through customer satisfaction. Quality management is a discipline for ensuring that outputs, benefits, and the processes by which they are delivered, meet stakeholder requirements and are fit for purpose. a) Identify the disadvantages of TQM on employees related to the training duration, the negative effect of cost and the current system. (5 marks) (CLO5:PLO8:C2) b) Identify the main different between Quality Control and Quality Assurances in Quality Management. Give TWO (2) examples each of Quality Control activities and Quality Assurances activities. (5 marks)
a) There are several disadvantages of TQM on employees, like training duration, negative effect on cost, etc. b)Quality Control (QC) and Quality Assurance (QA) are both important aspects of Quality Management, but they are different in several ways.
1. Training Duration: Implementing TQM requires a significant amount of training for employees, which can be time-consuming and disruptive to their regular work schedules.
2. Negative Effect on Cost: While TQM can ultimately lead to cost savings in the long run, the initial implementation and training can be expensive and may negatively affect the company's bottom line in the short term.
3. Current System: TQM requires a significant shift in the way that a company operates, and this can be difficult for employees who are used to the current system. This can lead to resistance and a lack of buy-in from employees, which can hinder the success of TQM.
b) Quality Control (QC) and Quality Assurance (QA) are both important aspects of Quality Management, but they are different in several ways.
Quality Control is focused on identifying and correcting defects in products or services before they are delivered to customers. QC activities include inspecting products, testing samples, and monitoring production processes.
Quality Assurance, on the other hand, is focused on ensuring that the processes used to create products or services are consistent and meet quality standards. QA activities include auditing processes, reviewing documentation, and conducting training.
Examples of Quality Control activities include:
- Inspecting products for defects before they are shipped to customers
- Testing samples of products to ensure they meet quality standards
Examples of Quality Assurance activities include:
- Conducting audits of production processes to ensure they are consistent and meet quality standards
- Reviewing documentation to ensure it is accurate and complete
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the process of identifying (or estimating) a potential insurance buyer’s expected loss is known as: a. underwriting b. risk management c. loss adjusting d. insurance distribution
The correct answer is a) underwriting. Underwriting is the process through which insurance companies evaluate the risk involved in insuring a particular individual or entity.
This process helps the insurance company determine the potential losses that the individual or entity may incur, which is used to determine the insurance premiums.
Underwriting involves the collection of information about the individual or entity, including their past claims history, risk factors, and any other relevant information that may help to determine the likelihood of future claims. This information is then analyzed to determine the potential risk involved in insuring the individual or entity and to determine the appropriate premium to charge for the insurance policy.
The process of underwriting is an important part of the insurance industry as it helps to ensure that insurance companies are able to accurately price their policies and manage their risk exposure. By accurately assessing the risk involved in insuring a particular individual or entity, insurance companies are able to provide their customers with appropriate coverage while also managing their financial risk.
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Which of the following can result from inflation in the United States?
A. Currency exchange rates remain the same.
b. Investors buy products in other countries.
c. The price of goods in the United States falls.
d. The value of the U.S. dollar increases.
Answer:
Investors buy products in other countries (B)
Explanation:
Out of all the answers
(A) Currency exchange rates remain the same. No
(B) Investors buy products in other countries. YES
(C) The price of goods in the United States falls. No
(D) The value of the U.S. dollar increases. No
The reason why it is not A, B, or C. When inflation happens the currency exchange rates are lower cause our inflation The Price Of goods doesn't fall it actually rises, and the value of the dollar actually decreases due to inflation. It just makes sense for investors to buy from other countries where they can pay less for what they get here in the United States.
The result from inflation in the United States can investors buy products in other countries. The correct option is (b).
What do you mean by the inflation in USA?A loss of purchasing power over time, or inflation, means that your dollar will not buy as much as it did today. The annual change in prices for a basket of goods and services is commonly used to measure inflation. There are two primary inflation indicators in the US.
According to John Taylor, a Stanford economist, monetary policy is a significant factor in the rise in inflation.
According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.
Uneven price increases during an inflationary period certainly lower some consumers' purchasing power.
Therefore, the result from inflation in the United States can investors buy products in other countries.
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A firm is considering two alternatives that have no salvage value. At the end of 4 years, another B may be purchased with the same cost, benefits, and so forth. Construct a choice table for interest rates from 0% to 100%. If the MARR is 10%, which alternative should be selected?
To provide a helpful answer, I need more information about the two alternatives being considered by the firm, such as their initial costs and the annual benefits they provide. However, I can still explain the general approach to solve this problem.
1. Create a choice table with rows representing interest rates from 0% to 100% and columns representing the two alternatives being considered.
2. For each alternative, calculate the present worth of the costs and benefits at each interest rate, taking into account that there's no salvage value and another unit may be purchased after 4 years with the same cost and benefits.
3. Calculate the net present worth (NPW) for each alternative at each interest rate by subtracting the present worth of costs from the present worth of benefits.
4. Compare the NPWs of the two alternatives at the MARR of 10% and select the alternative with the higher NPW.
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a company purchased a piece of equipment by paying $20,000 cash. a shipping cost of $1150 to get the equipm
Question: A company purchased a piece of equipment by paying $20,000 cash. A shipping cost of $1150 was incurred to get the equipment.
Answer:
The total cost of the equipment, including the purchase price and shipping cost, can be calculated by adding the two amounts together.
First, we add the purchase price of the equipment, which is $20,000, to the shipping cost of $1150.
$20,000 + $1150 = $21,150
Therefore, the total cost of the equipment, including the purchase price and shipping cost, is $21,150.
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What is the purpose of advertising?
To make people want the things they do not have.
To expand the marketplace to a wider audience.
To explain to people the cost and risks of owning products.
To allow people to make choices about what is available.
It should be noted that the purpose of advertising is to expand the marketplace to a wider audience.
Advertising can be regarded as marketing strategy that is been utilized by organization and firms to promote their products and services.
It involves using media and other means to make the public aware about the products or services.
We can conclude that advertising is done on the purpose of making marketplace to a wider audience so that more people can patronize.
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Answer: To make people want the things they do not have.
Explanation:
The purpose of advertising is to make people want things they don’t have
A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
Hudson has to maintain confidential financial accounts in a workbook. He needs two team members to help him update data in the specified worksheet. He wants to prevent his team from deleting or updating the confidential data in certain cells. Which tab on the Format Cells dialog box will enable him to lock these cells?
A. Cell Pattern
B. Cell Protection
C. Cell Prevent
D. Cell Format
help LOLL
Answer:
option c
Explanation:
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Answer:
B
Explanation:
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Maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. The lender did not need her credit history. If she does not pay back the loan within three weeks, she will have to pay an extra $50. Raina says the loan is an example of easy-access credit while Maura says it is an example of open-end credit. Which statement about the loan is correct? Raina is correct because the loan is a line of credit. Maura is correct because the loan has an interest rate. Raina is correct because the loan has a large fee if it is not repaid on time. Maura is correct because the loan does not have an annual fee.
A) Raina is correct because the loan is a line of credit
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What would be the effect of a decrease in U.S. net exports on the aggregate demand curve? The aggregate demand curve does not shift. The slope of the aggregate demand curve decreases. The aggregate demand curve shifts to the right. The aggregate demand curve shifts to the left.
A decrease in U.S. net exports would result in a shift to the left of the aggregate demand curve. This is because net exports are a component of aggregate demand. When net exports decrease, this means that there is less demand for U.S. goods and services from foreign countries. As a result, there is a decrease in overall demand for goods and services in the economy. This decrease in demand will shift the aggregate demand curve to the left, resulting in a lower level of real GDP and a lower price level.
A decrease in U.S. net exports would result in a leftward shift of the aggregate demand curve. Net exports represent the difference between a country's exports and imports, and they are one of the components of aggregate demand. When net exports decrease, it means that exports are declining relative to imports.
A decrease in net exports implies that there is a reduction in foreign demand for U.S. goods and services. This can happen due to various factors, such as a slowdown in global economic activity, changes in exchange rates, or trade barriers. As a result, the overall demand for U.S. goods and services decreases.
When the aggregate demand curve shifts to the left, it indicates a lower level of total spending in the economy at each price level. This can lead to a decrease in real GDP (output) and potentially result in lower employment levels. Additionally, it may put downward pressure on prices, potentially leading to deflationary pressures.
Therefore, the correct answer is: The aggregate demand curve shifts to the left.
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Printers is evaluating the delivery time of two courier delivery services in Cape Town. The belief is that there is no significant difference between the average delivery times. To test this, QQ Printers used both courier services on a random basis over a period of three months for deliveries to similar destinations. Courier A was used 60 times over this period and the mean delivery time was 42 minutes. Courier B was used 48 times over the same period with a mean delivery time of 38 minutes. Assume that the population standard deviation of delivery times is 14 minutes for courier A, and 10 minutes for courier B. Test at 5% level of significance, that there is no difference between the mean delivery times of the two couriers. 14. This is a (one/two) sided hypothesis test. (Choose the correct response) 15. What is the absolute value (correct to two decimal places) of the appropriate critical value to use in constructing the rejection region of this hypothesis test? 16. What is the absolute value (correct to two decimal places) of the test statistic? 17. What is your conclusion? 18. What is the p-value associated with the test statistic? 19. QQ Printers would like to know whether courier A is slower, on average, than courier B in its delivery times to clients. What is the p-value associated with this test statistic?
14. The two-sided hypothesis test is used when the hypothesis concerns whether or not the difference between two means is zero. In this type of hypothesis test, both the extreme ends of the distribution of the test statistic are critical.
Therefore, this is a two-sided hypothesis test.
15. The critical value (t-value) is 1.6714.
To find the absolute value of the appropriate critical value to use in constructing the rejection region of this hypothesis test, we use the TINV function, which is the inverse of the T distribution function.
TINV(0.025,107) = 1.6714 (correct to two decimal places)
The absolute value of the appropriate critical value to use in constructing the rejection region of this hypothesis test is 1.6714 .
16. The test statistic is computed as follows:
t = (x1 - x2 - D)/SE
where x1 is the sample mean of courier A,
x2 is the sample mean of courier
B, D is the hypothesized difference between the means, and SE is the standard error of the sampling distribution.
The hypothesized difference between the means is zero (i.e., H0: µ1 - µ2 = 0), so D = 0. The standard error of the sampling distribution is given by:
SE = √[s1^2/n1 + s2^2/n2]
where s1 and s2 are the standard deviations of courier A and courier B, respectively, and n1 and n2 are the sample sizes of courier A and courier B, respectively.
s1 = 14,
n1 = 60,
s2 = 10,
n2 = 48
SE = √[14^2/60 + 10^2/48] = 3.3762
The test statistic is:
t = (42 - 38 - 0)/3.3762 = 1.1848
The absolute value of the test statistic is 1.1848
17. At 5% level of significance, the appropriate critical values to use in constructing the rejection region of this hypothesis test are -1.6714 and 1.6714. Since the absolute value of the test statistic (1.1848) is less than the absolute value of the appropriate critical value (1.6714), we fail to reject the null hypothesis.
Therefore, there is insufficient evidence to conclude that there is a difference between the mean delivery times of the two couriers.
18. The p-value associated with the test statistic can be found by comparing the absolute value of the test statistic to the appropriate critical value(s).
Since the test statistic (1.1848) falls within the non-rejection region (-1.6714 ≤ t ≤ 1.6714), the p-value is greater than 0.05.
Therefore, the p-value is greater than 0.05.
19. The p-value associated with this test statistic is the probability of getting a test statistic value as extreme or more extreme than the observed test statistic (1.1848), given that the null hypothesis is true. Since this is a two-sided hypothesis test, the p-value is two-tailed.
The p-value can be found using the TINV function as follows:
p-value = 2 * (1 - TINV(0.988,107)
)where 107 is the degrees of freedom (df) obtained from the formula
df = n1 + n2 - 2, and 0.988 is the probability of observing a test statistic value as extreme or more extreme than the observed test statistic (1.1848), given that the null hypothesis is true.
p-value = 2 * (1 - TINV(0.988,107)) = 0.2388
The p-value associated with this test statistic is 0.2388.
Since the p-value is greater than 0.05, we fail to reject the null hypothesis that there is no difference between the mean delivery times of the two couriers.
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true or false? successful companies regard diversity in the workplace as a key business imperative.
The given statement "successful companies regard diversity in the workplace as a key business imperative." is True.
Successful companies recognize that diversity in the workplace is essential to achieving business objectives and remaining competitive in today's global marketplace. Diversity in the workplace brings a wide range of perspectives, experiences, and skills to the table, which can help drive innovation, creativity, and productivity.
By fostering an inclusive workplace culture that values diversity, companies can attract and retain top talent from diverse backgrounds, which can help enhance their brand reputation and improve customer engagement. In addition, companies that embrace diversity in their workforce are better equipped to understand and meet the needs of diverse customer segments, which can help drive revenue growth and market share.
However, diversity in the workplace is not just about achieving business goals. It's also a social responsibility. Companies have a duty to promote fairness, equality, and respect for all individuals regardless of their race, gender, age, religion, or sexual orientation. By creating a diverse and inclusive workplace, companies can help break down barriers and promote social cohesion in society.
In summary, successful companies recognize that diversity in the workplace is not only a business imperative but also a social responsibility. By embracing diversity and promoting inclusion, companies can drive innovation, improve their brand reputation, and create a more just and equitable society.
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You are considering taking out one of two loans. Loan R has a principal of $17,550, an interest rate of 5. 32% (compounded monthly), and a duration of seven years. Loan S has a principal of $15,925, an interest rate of 6. 07% (compounded monthly), and a duration of nine years. Assuming that you pay back each in monthly intervals, which loan will have a greater lifetime total, and how much greater will it be? Round all dollar values to the nearest cent. A. Loan S’s lifetime total will be $1,274. 12 greater than Loan R’s. B. Loan S’s lifetime total will be $32. 99 greater than Loan R’s. C. Loan R’s lifetime total will be $350. 88 greater than Loan S’s. D. Loan R’s lifetime total will be $58. 96 greater than Loan S’s.
The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.
What is a Compound interest loan?Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.
\(\rm\,For\,R\\\\P = \$\,17,550\\r\,= 5.32\%\\Time\,= n= 7\,years\\Amount\,paid= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\=[ 17,550 (1+\dfrac{5.32}{100\times12})^{7\times12} ]\\= [ 17,550 (\dfrac{12.0532}{12})^{84} ]\\\\= [ 17,550 (1.00443^{84} ]\\\\= \$ 25,440.48\\\\Total\,monthly\,payment = \rm\,\dfrac{25,440.48}{84}\\\\= \$\, $302.86\\\\\)
\(\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\\)
The difference between the monthly payment of R and S is equal to $48.53.
Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53
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Answer:
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Explanation:
What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
The financial ratio days' sales in inventory is measured as:A. 365 days divided by the inventory turnover.B. inventory plus cost of goods sold, divided by 365 days.C. inventory turnover plus 365 days.D. 365 days divided by the inventory.E. inventory times 365 days.
The financial ratio days' sales in inventory is measured as:
A. 365 days divided by the inventory turnover.
Days' sales in inventory is a financial ratio that measures the average number of days it takes a company to sell its inventory. It is calculated by dividing the number of days in a period (usually 365) by the inventory turnover ratio. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory balance.
The formula for days' sales in inventory is:
Days' sales in inventory = (365 days) / inventory turnover ratio
Therefore, option A, 365 days divided by the inventory turnover, is the correct answer.
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The complete question is:
The financial ratio days' sales in inventory is measured as:
A. 365 days divided by the inventory turnover.
B. inventory plus cost of goods sold, divided by 365 days.
C. inventory turnover plus 365 days.
D. 365 days divided by the inventory.
E. inventory times 365 days.
Which of the following should appear in the income statement of a limited
company. I auditors fees, Il debenture Interest, III directors remuneration *
I and II Only
I and Ill only
II and III Only
I, II and III
Explanation:
I, II and III