Divide the hobby fee you're being charged by means of the number of bills you'll make each year, commonly twelve months. Multiply that discern with the aid of the initial balance of your loan.
Solution:
EMI or Equated monthly payment
= P x R x (1+R)^N]/[(1+R)^N-1]
Where,
P = Principal = $350,000
R = Monthly rate of interest = Annual rate / 12
= 6.9 %/ 12
= 0.575% or 0.00575
N = Number of installments = 360
So, EMI
= $350,000 x 0.00575 x [(1.00575) ^ 360] / [(1.00575) ^ (360-1)]
= $350,000 x 0.00575 x 7.877979 / [7.877979 – 1]
= $2,305.
The monthly price is the quantity paid according to a month to pay off the loan within the term of the mortgage. while a mortgage is taken out it isn't always only the primary amount, or the authentic quantity loaned out, that wishes to be repaid, but additionally, the hobby that accumulates. Your month-to-month payment on a 600k loan could be $three,477. which is your general estimated monthly price which includes the most important interest, taxes, and loan coverage.
Disclaimer:- your question is not in a correct format, please see below for the correct question format.
What is the required monthly payment on a+$350,000 mortgage?assume a standard mortgage (360 months) with monthly payments.+use+a+nominal+rate+of+6.90%.
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a standard vacuum pump designed specifically for evacuation and dehydration can
A standard vacuum pump designed specifically for evacuation and dehydration can be used alone as a system-dependent (passive) recovery device. The correct answer is D.
A vacuum pump is typically used in HVAC (Heating, Ventilation, and Air Conditioning) systems to remove air and moisture from refrigeration systems.
While it can assist in the recovery process by removing refrigerant from a system, it does not qualify as a self-contained (active) recovery device (option A) because it does not have the capability to store or separate the recovered refrigerant.
It is important to note that a vacuum pump should not be used alone as a substitute for any recovery device (option C) because it does not meet the requirements for proper refrigerant recovery, which involves capturing, storing, and recycling or disposing of the recovered refrigerant in an environmentally responsible manner.
Regarding option B, a vacuum pump can be used in combination with a pressurized container for recovery purposes, but it is not the primary recovery device. The vacuum pump aids in removing refrigerant from the system, and the pressurized container may be used to store and transport the recovered refrigerant.
In conclusion, a standard vacuum pump designed for evacuation and dehydration can be used as a system-dependent (passive) recovery device, but it is not a standalone, self-contained recovery device and should not be used as a substitute for proper recovery equipment and procedures. The correct answer is D.
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Complete Question:
A standard vacuum pump designed specifically for evacuation and dehydration can:
A. be used alone as a self-contained (active) recovery device.
B. never be used as a recovery device in combination with a pressurized container.
C. be used alone as a substitute for any recovery device.
D. be used alone as a system-dependent (passive) recovery device.
A standard vacuum pump designed for evacuation and dehydration is used to remove air and moisture, often in HVAC or refrigeration systems. The evacuation lowers pressure to push out refrigerant and the dehydration eliminates lingering moisture.
Explanation:A standard vacuum pump designed specifically for evacuation and dehydration is commonly used in a variety of industries, especially in HVAC (Heating, Ventilation, and Air Conditioning) and refrigeration. It's function is to remove air and moisture from a system. The evacuation process involves reducing the pressure below atmospheric pressure, which allows the refrigerant to vaporize and leave the system. The dehydration process involves removing any remaining moisture in the system. An example of this is the use of the vacuum pump to ensure no air or moisture is present in a refrigeration system before introducing the refrigerant.
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All economic systems have to answer the following questions. What goods should be produced? How should the goods be produced? For whom should the goods be produced?
Why must these questions be asked?
a. The opportunity cost of specialization is high.
b. There is inequality in the distribution of resources.
c. There are unlimited wants and limited resources.
d. The forces of supply and demand are unreliable.
An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
What is an Economic System?An economic system is a mechanism used by communities or governments to coordinate and distribute resources, services, as well as goods throughout a territory or nation. The factors of production, such as land, capital, labor, and physical resources, are governed by economic systems.
A society's or a specific geographic area's system of production, resource allocation, and distribution of products and services is known as an economic system or economic order.
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when the citizens of hamilton county, ohio, decided to raise their taxes to fund two new sports stadiums rather than to raise taxes for something like improving the educational system in the county, they missed a chance to improve the educational system. what is this known as? a marginal cost a fixed cost a variable cost an opportunity cost none of the above
The citizens of Hamilton County, Ohio, who decided to raise their taxes to fund two new sports stadiums rather than improving the educational system in the county missed an opportunity cost.
An opportunity cost is the cost of a forgone opportunity or the most important alternative sacrificed in deciding on an action or course of action. When an opportunity cost is incurred, the benefits of a particular choice are compared to the benefits of the next best alternative course of action that would have been taken.
Opportunity costs are commonly used in business and economics to compare investment options. For example, if a company decides to invest in a particular project, it will have to forgo the potential profits from other possible projects. This is the opportunity cost of the chosen investment.In the case of Hamilton County, Ohio, the citizens had to choose between funding two new sports stadiums and improving the educational system.
The citizens of Hamilton County, Ohio missed an opportunity to improve the educational system by choosing to fund two new sports stadiums.
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Which three best practices can help a project manager approach change management on their project? Mobilize active and visible executive sponsorship.
Apply a structured change management approach.
Communicate frequently and openly.
Engage with front-line employees.
Planning, openness and honesty, communication, and employee involvement are some of the greatest change management techniques, although there are many other ways leaders can handle change.
What is Change Management?All methods of assisting teams, individuals, and organizations in undergoing change are together referred to as "change management." There are many reasons why things change, such as: advancements in technology, internal process evaluations, crisis management, shifts in client demand, pressure from the marketplace, acquisitions and mergers, and organizational restructuring. Budgets, resources, business processes, and operations in general may all need to be redefined or moved in order to accommodate such change. Organizational change management (OCM), in contrast to change management, focuses on the whole organizational change of a corporation or business. Change management often mainly discusses how individuals and teams are impacted by changes within the organisation.
What are the 3 issues in change management?Gaining buy-in, monitoring project health, and evaluating change management efforts can be the three main obstacles that change managers must overcome when steering an organization through a period of transition.
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do you like lauge arts it is supper fun in cool
Answer: It's really confusing. its just mid.
Explanation:
How does the cognitive economy principle support the hierarchical semantic network theory?
The cognitive economy principle refers to the idea that our brains tend to use the most efficient means of processing information, which means that we try to minimize the amount of cognitive effort required to understand and organize information.
This principle supports the hierarchical semantic network theory by suggesting that our brains organize information in a hierarchical manner, with more general concepts at the top and more specific concepts at the bottom. This organization allows us to quickly access information by starting at the highest level of the hierarchy and then moving down to more specific information as needed.
The cognitive economy principle also suggests that we tend to group similar concepts together in our minds, which is consistent with the idea of semantic networks. The hierarchical nature of the semantic network theory allows us to group related concepts together at higher levels of the hierarchy, which helps us to more efficiently access and process information.
Overall, The cognitive economy principle and the hierarchical semantic network theory work together to explain how our brains organize and process information in an efficient and effective way. By understanding these principles, we can better understand how we learn and remember new information, and how we can optimize our cognitive processes to improve our performance in various tasks.
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Looking for $100,000 salary? see how much the biggest u. S. Companies pay workers.
It is a fact that about 25 top US companies pay their workers a medium average salary of more than $100,000 in 2021,
What is an average salary?This refers to the average amount of money that is earned by workers in a particular industry, economy, area,
In 2021, it is a well developed fact that about 25 top US companies pay their workers a medium average salary of more than $100,000 in 2021,
Therefore, the fact is a true statement.
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Take me to the text Given the following information, calculate net income for this company Account Balance Cash $13,900 Deferred Revenue $9,000 Accounts Payable $30,100 Revenue $142,900 Total Long-Term Assets $67,600 Accounts Receivable $15,200 Administrative Expenses $43,000 Inventory $13,800 Cost of Sales $37,800 Prepaid Insurance $1,900 Do not enter dollar signs or commas in the input boxes. Net Income = $
The net income for this company is determined to be $62,100. The net income for this company is calculated by subtracting the total expenses from the total revenue.
To calculate the net income, we need to consider the revenue and expenses of the company. The revenue is given as $142,900, which represents the total income generated by the company. The cost of sales is provided as $37,800, which represents the direct cost associated with producing or acquiring the goods that were sold. The administrative expenses are given as $43,000, which represents the costs incurred to run the administrative operations of the company. These expenses include salaries, rent, utilities, and other overhead costs.
To calculate the net income, we subtract the cost of sales and administrative expenses from the revenue. In this case, the calculation would be: Net Income = Revenue - Cost of Sales - Administrative Expenses. Using the given values, the calculation would be: Net Income = $142,900 - $37,800 - $43,000.
Net income is an important measure as it represents the profitability of the company after accounting for all the expenses incurred in generating the revenue. It provides insight into the company's ability to generate profit and can be used to assess its financial performance and sustainability.
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Which of the following best corresponds to repositioning of products?
Products that are retargeted for new use
Products that are line extensions
Current products that are recovered from sales dips
Products that are novel inventions
The best correspondence to repositioning of products is "Products that are retargeted for new use." Repositioning involves changing the target market or usage of a product to appeal to a different set of customers or meet different needs.
This strategy aims to revitalize the product's image, expand its market reach, and create new opportunities for growth. Line extensions refer to introducing new variations or versions of existing products within the same product line, while recovering from sales dips pertains to strategies to address temporary sales declines. Novel inventions are unrelated to repositioning.
Repositioning of products involves altering the positioning or perception of a product in the market to target a new set of customers or meet different needs. This strategy aims to breathe new life into a product and maximize its potential by exploring alternative markets or usage scenarios.
Products that are retargeted for new use best correspond to repositioning. This approach involves identifying new target markets or applications for an existing product and adapting its marketing, messaging, or features to appeal to those audiences. By repositioning the product, companies can tap into new customer segments or address unmet needs, expanding the product's market potential and driving growth.
On the other hand, line extensions refer to introducing new variations or versions of existing products within the same product line. While line extensions can contribute to product diversification and expansion, they do not necessarily involve repositioning the product for a new target market or use.
Recovering from sales dips pertains to strategies implemented to address temporary declines in sales for current products. It involves identifying the reasons behind the sales dip and implementing corrective measures to regain market share and improve performance. Although recovering from sales dips is a crucial aspect of product management, it does not specifically align with repositioning.
Lastly, novel inventions refer to completely new and innovative products that are not related to repositioning. Novel inventions involve the introduction of entirely new concepts, technologies, or solutions that may disrupt existing markets or create entirely new ones.
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The average U.S. worker is MOST likely to hold about _____ jobs between the ages of 18 and 25. Please choose the correct answer from the following choices, and then select the submit answer button. three two seven five
Mike relocated for work and learned that the region in which he planned to buy a home had many old underground mines. In fact, Mike might even need to purchase mine subsidence insurance. What might a home inspector flag for Mike if there are any concerns about undermining
The issue that a home inspector will flag for Mike, given the concerns about a undermining, is the formation of a sinkhole on the property
The reason for the presence of a sinkhole on the property being raised by the home inspector is as follows;
The location Mike intended to buy a home is one with several underground mines, such that Mike could need mine subsidence insurance
A home inspection is an aid that helps a person intending to but a house make more informed decisions about the home under consideration
The function of an home inspector includes the identification of the issues that could possibly arise and the maintenance to be expected on the property, and therefore, the risks and opportunity in the purchase
Among the potential risk that will raised by a home inspector on the property with underground mines include the possibility of a sinkhole on the property
A sinkhole is a surface depression that results due to dissolution of near surface rocks by water draining into cavities under the soil surface, thereby eroding the rock such limestone, underneath, that develops in a manner which is not readily obvious or predictable
Sinkhole are not covered by most homeowner's insurance policy, making the property a money pit
Therefore, the home inspector might flag the likelihood of a sinkhole on the property
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
What is the full form of (GAAP)
Answer:
General Accepted Accounting Principles
According to IT's About Business 5.3, Africa collaborated with ________ to stop the Ebola virus outbreak in 2013 and 2014.
According to IT's About Business 5.3, Africa collaborated with IBM to stop the Ebola virus outbreak in 2013 and 2014.
What is IBM known for?IBM is best known for manufacturing and selling computer hardware and software, as well as cloud computing and data analytics. The company has also served as a leading research and development company for many years with key inventions such as the floppy disk, hard disk drive and UPC barcode.
How did the Ebola virus originate?The Ebola virus is introduced into the human population through contact with the blood, organs, or other bodily fluids of infected animals. The first human case of Ebola virus disease in the West African outbreak (2014–2016) was likely transmitted through contact with bats
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suppose that the price level rises from 100 to 130. this will result in a .suppose, instead, that the price level falls from 100 to 50. this will result in a
When the price level rises from 100 to 130, it will result in a decrease in the purchasing power of money and a decrease in real wealth.
Conversely, when the price level falls from 100 to 50, it will result in an increase in the purchasing power of money and an increase in real wealth. When the price level rises from 100 to 130, it means that the general level of prices has increased. As a result, each unit of currency can buy fewer goods and services. This decrease in the purchasing power of money means that people's real wealth diminishes because they can buy fewer goods and services with the same amount of money. Inflation erodes the value of money, and individuals need to spend more to maintain their standard of living.
On the other hand, when the price level falls from 100 to 50, it means that prices have decreased. This leads to an increase in the purchasing power of money. With the same amount of money, individuals can now purchase a greater quantity of goods and services. This increase in the purchasing power of money enhances people's real wealth as they can buy more with less money. Deflation, or a decrease in the general price level, can increase the value of money and potentially boost individuals' purchasing power.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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on july 1 of the current calendar year, olive company paid $8,100 cash for management services to be performed over a two-year period beginning july 1. the adjusting entry on december 31 of the current year for olive would include:
The adjusting entry would be a debit to Prepaid Expenses for $8,100 and a credit to an expense account such as Professional Services Expense for $8,100.
The adjusting journal for trading companies is used to record transactions that have occurred but have not been recorded. Then this journal is also used to record transactions that have been recorded but require correction so that the value matches the actual situation.
Recording of adjusting journals can be grouped into two, namely deferrals or deferral of recognition of income and expenses recorded in accounts and accruals or recognition of income and expenses that have not been recorded in accounts.
This adjusting entry will ensure that the appropriate amount of expenses is recognized in the current year, based on the services that have been provided.
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What are three ways to discover how to involved in your chosen career field
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
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When a hotel does not fill a room and therefore the sale of that room on that day is lost forever, that refers to...
a.) product services-mix length
b.) seasonability
c.) perishability
d.) productservices-mix width
e.) tangible
Answer:
c.) perishability
Explanation:
The term perishability is used in marketing to describe the inability to keep or store services for sale in the future. Services are intangible and by nature. Once a service has been performed, it is deemed to have been consumed and cannot be returned or resold.
Once a service is offered, and the customer does take up the offer, it cannot be stored or kept for sale at a later date. If a hotel room is not booked for a particular night, the room does not generate any revenues for that night. The hotel cannot store the room services for that night and offer them to customers any other time. The inability to preserve a service for sale at a later date is what marketers refer to as perishability.
a. You are arranging a $368,000 Canadian mortgage with a 29-year amortization period and a 7.1% posted interest rate. What is the monthly mortgage payment? (Do not round intermediate calculations. Round your answer to the nearest cent.) The monthly mortgage payment
The monthly mortgage payment for a $368,000 Canadian mortgage with a 29-year amortization period and a 7.1% posted interest rate would be $2,566.47.
To calculate the monthly mortgage payment, we can use the formula for a mortgage payment:
M = P [ i(1 + i)ⁿ] / [ (1 + i)ⁿ - 1]
where:
M = monthly mortgage payment
P = principal (amount of mortgage)
i = interest rate per period (monthly in this case)
n = total number of payments (29 years × 12 months per year = 348 monthly payments)
First, we need to calculate the monthly interest rate, which is the annual interest rate divided by the number of months in a year:
i = 7.1% / 12 = 0.00591
Next, we can plug in the values and solve for M:
M = 368000 [ 0.00591 (1 + 0.00591)^348 ] / [ (1 + 0.00591) ³⁴⁸ ⁻¹ ]
M = 368000 [ 0.00591 (1.00591)^348 ] / [ (1.00591) ³⁴⁸ ⁻¹ ]
M = 368000 [ 0.00591 (7.12) ] / [ 7.12 - 1 ]
M = 368000 [ 0.042 ] / [ 6.12 ]
M = 2566.46
Rounding to the nearest cent, the monthly mortgage payment is $2,566.47.
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Determine the number of cycles per day and the production quantity per cycle for this set of vehicles:
Product Daily Quantity A 14 B 10 C 2 D 12
Number of cycles
Use the sequence A-B-C-D.
Product Daily Quantity Units per cycle A 2 B 3 C 4 D 5
The total number of cycles required per day is the sum of the cycles required for each product 15 cycles per day.
Product Daily Quantity A 14 B 10 C 2 D 12
Units per cycle A 2 B 3 C 4 D 5
To produce the required daily quantity, we need to calculate the number of cycles required for each product:
Product A requires 14 / 2 = 7 cycles per day
Product B requires 10 / 3 = 3.33 cycles per day (rounded up to 4 cycles)
Product C requires 2 / 4 = 0.5 cycles per day (rounded up to 1 cycle)
Product D requires 12 / 5 = 2.4 cycles per day (rounded up to 3 cycles)
The total number of cycles required per day is the sum of the cycles required for each product:
7 + 4 + 1 + 3 = 15 cycles per day
"Daily Quantity" can refer to the amount of something that is recommended or necessary to consume, perform, or produce on a daily basis. This can apply to various aspects of life, such as nutrition, exercise, work, or study.
For example, the daily quantity of water intake recommended by health experts is about 2 to 3 liters for adults, depending on factors such as climate and activity level. The daily quantity of exercise recommended for adults is at least 30 minutes of moderate-intensity activity, such as brisk walking or cycling. In terms of work or study, a daily quantity could refer to the amount of time or tasks that need to be completed on a daily basis in order to achieve a certain goal or deadline. This could involve setting daily quotas for writing, coding, or other types of work.
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1) State with reasons, the method you would adopt to price materials into production.
i.)in a period of rapidly increasing prices of the material,
ii). in a period of rapidly reducing prices of the material.
The method you would adopt to price materials into production:
i) In a period of rapidly increasing prices of the material is price penetration
ii). in a period of rapidly reducing prices of the material is price skimming
What is pricing methods?Pricing Methods are the ways in which the price of goods and services are determined. It is computed from all factors such as the resources and materials used for production.
In a period of rapidly increasing prices of the material you maintain a low price because of competitive market and then raise the price later. It called penetration price
In a period of rapidly reducing prices of the material use price skimming where you maintain your high price of selling and lower it as the market evolves.
Therefore, different pricing strategy works for different period and market season.
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what of the following forms the basis for a financial advantage when making a business decision? multiple choice whether opportunity costs are present whether irrelevant costs and benefits arise whether the dfferential benefits exceed the differential costs whether alternatives exist
The basis for a financial advantage when making a business decision is whether the differential benefits exceed the differential costs(C).
Differential benefits refer to the additional benefits gained from choosing one option over another, while differential costs refer to the additional costs incurred from choosing one option over another. The difference between these two determines whether a financial advantage exists.
In other words, if the differential benefits are greater than the differential costs, then a financial advantage is present. It is important to consider both the costs and benefits that are directly related to the decision at hand, as well as any potential opportunity costs or alternatives that may impact the outcome.
Therefore, while considering opportunity costs and alternatives are important in decision-making, the fundamental basis for a financial advantage is whether the differential benefits exceed the differential costs.So c is correct answer.
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The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
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_________ is a type of marketing and sales structure that lets salespeople earn money from their own sales and from the sales of other salespeople they introduce to the company
A.) social marketing
B.) network marketing
C.) telemarketing
D.) sales marketing
Answer:
B.) network marketing
Explanation:
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked.Number of HoursFrequency1202493754455406137583250a-1 Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.)a-2. Is this a discrete or a continuous probability distribution?multiple choiceDiscreteContinuousb-1. Find the mean and the standard deviation of the number of hours parked. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)b-2. How long is a typical customer parked? (Do not round the intermediate calculations. Round your final answer to 2 decimal places.)c. What is the probability that a car would be parked for more than 6 hours? What is the probability that a car would be parked for 3 hours or less? (Round your answers to 3 decimal places.)
The activities of the Downtown Parking Authority can be represented on a probability distribution table
a-1 Convert the table to a probability distribution
This is calculated as:
\(\mathbf{Probability = \frac{f}{Total}}\)
So, we have:
\(\mathbf{P(1) = \frac{25}{234} = 0.108}\)
\(\mathbf{P(2) = \frac{38}{234} = 0.162}\)
\(\mathbf{P(3) = \frac{51}{234} = 0.218}\)
And so on.
So, the table is:
\(\mathbf{\left[\begin{array}{ccc}x&f&P(x)\\1&25&0.108\\2&38&0.162\\3 & 51 & 0.218 & 4 & 45 & 0.192 & 5 & 20 & 0.085 & 6 & 14 &0.06 & 7 & 5 & 0.021 & 8 & 36 & 0.154 \end{array}\right] }\)
a-2 The distribution type
The number of hours is from 1 to 8, and all are given in whole numbers.
Discrete probability distributions are represented by whole numbers.
Hence, the distribution is a discrete continuous probability distribution
b-1. The mean and the standard deviation of the number of hours parked.
The mean is calculated using:
\(\mathbf{\bar x = \frac{\sum fx}{\sum f}}\)
So, we have:
\(\mathbf{\bar x = \frac{25 \times 1 + 38 \times 2 + 51 \times 3 + 45 \times 4 + 20 \times 5 + 14 \times 6 + 5 \times 7 + 36 \times 8}{234}}\)
\(\mathbf{\bar x = \frac{941}{234}}\)
\(\mathbf{\bar x = 4.02}\)
The standard deviation is calculated as:
\(\mathbf{\sigma = \sqrt{\frac{\sum f(x - \bar x)^2}{\sum f}}}\)
So, we have:
\(\mathbf{\sigma = \sqrt{\frac{25 \times (1 -4.02)^2+ 38 \times (2 -4.02)^2 + 51 \times (3 -4.02)^2 +.............+ 36 \times (8 -4.02)^2}{234}}}\)
\(\mathbf{\sigma = \sqrt{\frac{1124.8936}{234}}}\)
\(\mathbf{\sigma = \sqrt{4.80723760684}}\)
\(\mathbf{\sigma = 2.19}\)
Hence, the mean is 4.02 and the standard deviation is 2.19
b-2. How long is a typical customer parked?
This is the mean of the distribution.
In (a), we have:
\(\mathbf{\bar x = 4.02}\)
Hence, a typical customer is parked for 4.02 hours
c-1. The probability that a car would be parked for more than 6 hours
This is calculated as:
\(\mathbf{P(x > 6) = P(7) + P(8)}\)
So, we have:
\(\mathbf{P(x > 6) = 0.021 + 0.154}\)
\(\mathbf{P(x > 6) = 0.175}\)
Hence, the probability that a car would be parked for more than 6 hours is 0.175
c -2. The probability that a car would be parked for 3 hours or less?
This is calculated as:
\(\mathbf{P(x \le 3) = P(1) + P(2) + P(3)}\)
So, we have:
\(\mathbf{P(x \le 3) = 0.108 + 0.162 + 0.218}\)
\(\mathbf{P(x \le 3) = 0.488}\)
Hence, the probability that a car would be parked for 3 hours or less is 0.488
Read more about probabilities at:
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i was wondering...
has anyone seen my wallet? I got 200 bucks in there I could give you more if you find it and give it to me. really need it for school
I doubt anyone here has seen your wallet. Check everywhere in your house and that you go frequently. Then look everywhere 19 more times... But do it like a list:
bedroombathroomkitchenetccheck 1-4 15 times, in that order.Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
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You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 10 comma 300 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4.4 % (with semiannual compounding) guaranteed to remain the same over the next four years. How much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r = \(\frac{4.4 \ percent}{2}\)
= \(2.2 \ percent\)
Number of periods,
n = \(4\times 2\)
= \(8\)
Now,
The PV of annuity will be:
= \(\frac{P\times [1 - (1 + r)^{-n}]}{r}\)
On substituting the given values, we get
= \(\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}\)
= \(\frac{1,645.73}{2.2 \ percent}\)
= \(74,806.25\) ($)