The correct statement for the given condition is given by option (B): "Yes, because harm to someone in the captain's position was a foreseeable result of the gas leak".
What is Strict Product Liability?The strict liability rule in product liability claims asserts that a seller, distributor, or maker of a defective product is accountable for another person's harm - regardless of what effort he or she did to ensure the product's flaw never occurred.
In the given case, the reason for the recovery for damages from the dealer is-
Because the captain was a foreseeable bystander and the dealer is a business supplier, the captain's estate can claim from the dealer under strict products liability.Only the amount that the dead could have obtained in a personal injury case if he had lived is admissible in a wrongful death action. Because the dealer is a commercial provider of the boat and is liable if it supplied a product that was so defective as to be unreasonably dangerous, the captain may have collected from the dealer in a products liability lawsuit based on strict liability.The flaw in the gas tank assembly was extremely dangerous since it allowed gas to leak out and collect in places where it could be ignited.The debilitating impact of the gas leak made it likely that someone passing by would come to the boater's aid, bringing them into the danger zone of the leak (i.e., danger invites rescue).Therefore, the explosion caused by the leak was both the direct and indirect cause of the captain's death. As a result, the captain's estate can sue the dealer for damages.
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Complying with the rules of limited liability allows limited partners to have liability: Group of answer choices for the full amount of partnership debts. only for the amount of their contribution. for the negligent acts of the general partner. for twice the amount of their contribution.
Complying with the rules of limited liability allows limited partners to have liability : only for the amount of their contribution.
What is Limited Liability Partnership?LLP stands for Limited Liability Partnership. It is an alternative corporate business form that offers the benefits of limited liability to the partners at low compliance costs. It also allows the partners to organize their internal structure like a traditional partnership. A limited liability partnership is a legal body, liable for the full extent of its assets. The liability of the partners, however, is limited. Hence, LLP is a hybrid between a company and a partnership. It is not the same as limited liability company LLC.
Just like a corporation or a company, it is a separate legal body. Further, it is completely liable for its assets. Also, the liability of the partners has certain limitations in their contribution to the LLP. Hence, the creditors of the LLP are not the creditors of individual partners.
Therefore, The Limited partners are only responsible for the amount of their contribution when they abide by the limitations on liability.
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An increase in education and training for the workforce would Group of answer choices increase Gross Domestic Product but not the aggregate production function. increase the aggregate production function. have no impact on the aggregate production function.
When there is an increase in education and training of the workforce then it leads to a rise in production function in aggregate.
Option B is the correct answer.
What is the workforce?The workforce is referred to the individuals who are being employed in an occupation. It is also known as the labor force or workers or employees.
When the workforce is educated and provided training in the respective areas of their interest fields, then it develops their personality and makes them skilled workers. This results in increasing the production in aggregate for the company in which they are working.
Therefore, the production function aggregately rises due to the increase in the education and training of the workers.
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Your gross income (pay for before deductions for taxes) is $10,000 a month, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,000 per month. What is your monthly personal debt ratio
Based on your debt per month and your gross income, the monthly personal debt ratio is 20%.
How can you find the monthly personal debt ratio?This can be found as:
= Personal debt / Gross income
Solving gives:
= 2,000 / 10,000
= 20%
In conclusion, the personal debt ratio is 20%.
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Crane Company took a physical inventory on December 31 and determined that goods costing $199,100 were on hand. Not included in the physical count were $24,470 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $21,670 of goods sold to Alvarez Company for $30,420, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Crane report as its December 31 inventory
The amount should Crane report as its December 31 inventory is, 245,240.
What means physical inventory?A true count of all the inventory, machinery, or both of an industrial or commercial enterprise, as opposed to a book inventory.Which is an example of physical inventory?An real count of the stock of items is called a physical inventory. In addition to asking third parties for counts of inventory goods that have been consigned to them, this may entail counting, weighing, and other types of measurement of the products.What is the process of physical inventory?The practice of taking a physical inventory allows you to check whether the inventory amounts listed in the SAP system match up exactly or whether there are discrepancies. In essence, after physical inventory is complete, your system and physical stock levels must match.According to the question:
= ( 199,100 +24,470 +21,670 ).
= 245,240.
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Assume the CPI increases from 110 to 121, and Manny's nominal income increases from $100,000 to $120,000 over the same period. Manny's real income has
Manny's real income has increased by 9%.
A consumer price index calculates the weighted average of a market basket of goods and services that households have purchased. The measured CPI changes over time to reflect variations in price.
The CPI is one of the most widely used metrics for measuring inflation and deflation. Inflation is a crucial indicator of a country's economic health. Governments and central banks utilize the CPI and other indices when making economic decisions. Among these, the choice of whether to raise or lower interest rates is critical.
To determine CPI To calculate the CPI in any given year, divide the price of the market basket in year t by the price of the same basket in the base year.
Rate of inflation = [tex]\frac{121 - 110}{121}[/tex]
Rate of inflation = 0.09
Rate of inflation= 9%
hence, manny's real income has raised by 9%
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Use the drop-down menus and your knowledge of prefixes to choose the correct word for each sentence.
I love being outdoors, so a day at the movies is
for me.
Plants that
desirable traits tend to live longer than those that do not.
The situation was unpleasant, and I did not know how to
myself from it.
The correct prefixes are:
AtypicalExhibitExtricateWhat is a Prefix?This refers to the addition of a word at the beginning in order to change the meaning from the root word.
Hence, we can see that based on the complete question, there is the use of words like "typical", etc and to use the correct prefixes, one would have to change them to the above to make sense.
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The correct answers are:
AtypicalExhibitExtricateWhat are prefixes?Morphemes
Prefixes are morphemes (specific groups of letters with particular semantic meaning) that are added onto the beginning of roots and base words to change their meaning. Prefixes are one of the two predominant kinds of affixes —the other kind is suffixes, which come at the end of a root word.
Thus:
The correct answers are:
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The two components of the direct labor flexible budget variance are the direct labor price variance and the direct labor quantity variance. rate variance and the direct labor efficiency variance. rate variance and the direct labor standard variance. efficiency variance and the direct labor standard variance.
The two components of the direct labour flexible budget variance are the direct labour price variance and the direct labour quantity variance.
What is direct labour flexible budget?To determine how many work hours will be required to create the items listed in the production budget, the direct labour budget is used. The overall number of hours required will be determined by a more intricate direct labour budget, which will also divide this data down by labour type.
Direct labour price variance - The cost of the discrepancy between the expected and actual labour rates is measured by direct labour rate variance. The variance will be deemed unfavourable if it shows that actual labour rates were higher than anticipated labour rates.
Direct labour quantity variance - The cost of the discrepancy between the anticipated number of labour hours needed for the operations and the actual number of labour hours needed for the operations is known as the direct labour efficiency variance.
The labour quantity variance is calculated as-
The labour price variation is calculated by multiplying the actual hours worked by the actual paid rate, which is then subtracted from the standard budgeted rate.The standard rate is multiplied by the difference between the standard hours budgeted and the actual worked hours budgeted to determine the labour quantity variance.To know more about the flexible-budget variance measures, here
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If barriers to entry are high and products are somewhat differentiated, then a.economic profit might be sustainable. b.the industry is probably monopolistically competitive. c.the industry is probably a differentiated monopsony. d.the industry is probably perfectly competitive.
If barriers to entry are high and products are somewhat differentiated, then the (A) economic profit might be sustainable.
What are barriers to entry?In economics, barriers to entry are constraints that make it difficult for a corporation to enter a specific market. They may occur spontaneously as a result of market dynamics, or they may be imposed artificially by enterprises already operating in the market or by the government.What are differentiated products?A company's product is distinguished if it is noticeably distinct from competitors' products. If the product is unique, the manufacturer can argue that it is superior. If the product is superior, the corporation can charge a higher price for it.Since there are barriers to entry but still the product has a unique image in the market then the economic profit of the firm will be sustainable in the long run.
Therefore, if barriers to entry are high and products are somewhat differentiated, then the (A) economic profit might be sustainable.
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A financial services firm conducted an attitude survey and asked its employees to respond candidly to the survey questions. It was found that although employees were generally satisfied with their pay, they were dissatisfied with the organization's management style, promotion practices, and training programs. To manage these concerns, it is best recommended that HR _____.
To manage the concerns regarding employee dissatisfaction with the organization's management style, promotion practices, and training programs, it is best recommended that HR "hold group meetings with employees to convey the positive and negative survey results and get suggestions for improvements".
What is attitude survey?Employers utilise employee attitude surveys, also known as employee opinion surveys, to get feedback about their business from staff members.
Importance of attitude survey are-
Employee attitude surveys allow your staff the chance to anonymously share their thoughts on your business. These surveys are a crucial tool for firms to gauge employee motivation, job satisfaction, and attitudes.The most popular method for gauging employee engagement and receiving input on their thoughts and attitudes is through surveys. The best surveys may be completed and submitted anonymously, which boosts participation rates and encourages employees to be more sincere in their comments.Therefore, a management tool used by business owners or managers to learn about the views and opinions of their employees on matters relating to the firm and their function within the organization is the employee attitude survey.
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Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increase sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $650 per bicycle. The marginal revenue of the 11th bicycle is Group of answer choices -$50 None of the Answers are Correct. $7,150 $150 $50
The marginal revenue of the 11th bicycle is $150.
Calculation of Marginal revenue:
Change in Total Revenue = Total Revenue – Revenue figure before the additional unit was sold
Marginal revenue = (11*700) - (10*701)= $150.
What is Marginal revenue ?
Marginal revenue is the rise in income that occurs from the sale of one extra unit of product. While marginal revenue can continue constantly over a particular level of output, it follows the law of diminishing returns and will ultimately decrease as the output level increases. Ideally, ambitious firms proceed to produce output until marginal revenue approaches marginal cost.
The formula for calculating marginal revenue is:
Marginal Revenue= Change in Revenue/ Change in Quantity
Marginal Revenue = (Current Revenue - Initial Revenue) / (Current Product Quantity - Initial Product Quantity)
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Maddux Corporation has an EBIT of $955,000 per year that is expected to continue in perpetuity. The unlevered cost of equity for the company is 16 percent and the corporate tax rate is 23 percent. The company also has a perpetual bond issue outstanding with a market value of $2.7 million. What is the value of the company
The value of the company is $5,216,937.5.
What Is EBIT?
EBIT stands for Earnings Before Interest and Taxes and is one of the last subtotals in the income statement before net income. EBIT is also sometimes referred to as operating income and is called this because it’s found by deducting all operating expenses (production and non-production costs) from sales revenue.
The calculation for EBIT is straightforward.
It is the company's EBIT x (1 - Tax rate).
A company's EBIT is calculated in the following way:
EBIT = revenues - operating expenses + non-operating income.
Now, in accordance with the statement :
Net income = EBIT(1 - tax)
Net income = $9,55,000 (1- 0.23)
Net income = $7,35,350
Value of unlevered company = Net income / cost of equity
Value of unlevered company = $7,35,350 / 0.16
Value of unlevered company = $4,595,937.5
Value of the company = $4,595,937.5+ 0.23(2,700,000)
Value of the company = $5,216,937.5 market value of firm
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Why didn't southern tenant farmers benefit from the programs developed by the Agricultural Adjustment Act, the Commodity Credit Corporation, and the Farm Credit Act
Answer:
Farmers in the South did not own their land, and therefore could not benefit from programs like the Agricultural Adjustment Act, which paid farmers to leave land fallow. The Commodity Credit Corporation was designed to help farmers who were in danger of defaulting on their loans, but southern tenant farmers did not have loans because they did not own their land. The Farm Credit Act was designed to help farmers refinance their loans, but again, southern tenant farmers did not have loans.
Explanation:
Winslow, Inc. stock is currently selling for $40 a share. The stock has a dividend yield of 3.8 percent. How much dividend income will you receive per year if you purchase 500 shares of this stock
The dividend income will you receive per year is $760.
Dividend Yield % = Dividend/ Stock Selling Price
Dividend Yield %=3.8%
Stock Selling Price=$40
Dividend=?
Dividend Yield % = Dividend/ Stock Selling Price
3.8% = Dividend/$40
Dividend= $40 x 3.8%
Dividend=$1.52
Dividend income = Dividend per share x no of shares purchased
= $1.52 x 500
= $760
Dividends obtained by a domestic company from a foreign company in which the domestic company's equity shareholding is less than 26% are taxed at the regular tax rate.
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Suppose a stock had an initial price of $74 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $83. Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Dividend yield, capital gains yield, and total return as a percentage are, 1.98 percent, 12.16 percent, and - -8.9 percent respectively.
The computations are shown below:
1. For total return:= {(Ending share price - initial price) + Dividend} ÷ (Initial price) × 100
= {($74 - $83) + $1.65} ÷ ($83) × 100
= - $6.80 ÷ $82 × 100
= - 8.9%
2. Dividend yield:= (Dividend) ÷ (Initial price) × 100
= $1.65 ÷ $83 × 100
= 1.98%
3. For capital gain yield:= (Ending share price - initial price) ÷ (Initial price) × 100
= ($83 - $74) ÷ ($74) × 100
= $9 ÷ $82 × 100
= 12.16%
What is Annual Dividend?An annual dividend is a payment made by an insurance firm to its policyholders each year in the insurance sector. Annual dividends are most frequently given out in combination with plans that provide long-term disability insurance and permanent life insurance.
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Annuities where the payments occur at the end of each time period are called _____, whereas _____ refer to annuity streams with payments occurring at the beginning of each time period.
Ordinary annuities; annuities due level cash flows occurring each time period for a fixed length of time.
Annuities are those where regular stream payments were made.
in the case of an ordinary annuity, payment occurs at the end of each period, where as incase of annuities due payment occur starts immediately.
ordinary annuity
An ordinary annuity is a series of regular payments made at the end of each period, such as monthly or quarterly. In an annuity due, by contrast, payments are made at the beginning of each period.
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The term used today to describe everything from paying customers to say positive things on the Internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific websites is
The answer is Viral Marketing.
"Viral" refers to something that spreads quickly and widely among its audience in the context of viral marketing.
Viral marketing aims to disseminate knowledge about a good or service from person to person using email, the internet, or word-of-mouth.
The aim of viral marketing is to get people to spread a marketing message to their friends, family, and other people in order to rapidly increase the number of people who receive it.
Even when a message spreads naturally, viral marketing is a conscious endeavor.
Social media thus offers the ideal environment for viral marketing, despite the fact that it originated in conventional word-of-mouth advertising.
Hence, the term used today to describe everything from paying customers to say positive things on the Internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific websites is Viral marketing.
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g Smith Construction, Inc. just paid a $2.78 dividend. The dividend is expected to grow by 4% each year for the next three years. After that the company will never pay another dividend ever again. If your required return on the stock investment is 10%, what should the stock sell for today
The stock sell for today is $9.311.
The present value of the stock is the discounted value of all the future cash flows i.e. the dividends paid ahead in the future.
Next year i.e. Year 1 dividend = $2.78
The dividend will grow by 4% thereafter for the next three years and no dividends paid after that. So there are total of 4 cash flows to be received from the stock as a dividend.
Year 1 dividend (D1) = $2.78
Year 2 dividend (D2) = 2.78*1.04 = 2.8912
Year 3 dividend (D3) = 2.8912*1.04 = 3.006848
Year 4 dividend (D4) = 3.006848*1.04 = 3.12712192
Year 5 dividend = 0 = Year 6 dividend = Year 7 .........
where the required return k = 10%
PV of stock = D1/(1+k) + D2/(1+k)^2 + D3/(1+k)^3 + D4/(1+k)^4 = $9.311.
Therefore, the stock sell for today is $9.311.
What is Dividend ?
Dividends refer to share of profits from a portion of company's earnings which is paid to a class of its shareholders. It can be issued in different forms, such as cash payment, stocks or any other form. An organization's dividend is decided by its board of directors and the shareholders’ approval is required.
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Jaxon works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. These employees who use their creative talents to generate ideas and create products within large companies are called
The employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs. This relates to the information about organizational culture.
What is organizational culture?It should be noted that organizational culture simply means an environment where someone is motivated in order to take risks.
In this case, the employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs.
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A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
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There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In such situations, the customer perceives a high degree of Blank______ between the service provider and the company he or she represents.
The blank will be filled by services.
What do you mean by services?Services are intangible activities or advantages that a business offers to meet customers' demands in exchange for cash or other valuables.
Which should be fill in blank?There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In such situations, the customer perceives a high degree of Blank services between the service provider and the company he or she represents.
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China, india, and indonesia are expected to be among the world’s seven largest economies by 2050. Economic development in a country can be measured using:.
China, India, and Indonesia are expected to be among the world’s seven largest economies by 2050. Economic development in a country can be measured using Gross national income.
Gross domestic product plus factor incomes received by overseas residents, less income gained in the domestic economy by nonresidents, is the total domestic and international production claimed by residents of a country. Gross national income, formerly known as gross national product, is the same thing.The definition of gross national income (GNI) is gross domestic product + net foreign receipts from employee remuneration, property income, and net taxes less production subsidies.Its volume rises as a result of the country's rising income. People buy more goods and services as a result, which boosts the economy's wellbeing. The volume of GNI decreases as a result of a negative change in national income.
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As a project manager for Office Green, you are responsible for consulting with team members to identify potential risks for the Plant Pals operations launch. You determine that there are two main risks types you need to plan for:
The main risks types that need to plan for in the project are the systematic and unsystematic risk.
What is a project?It should be noted that a project simply means the activity that's engaged in to achieve a particular goal.
In this case, the main risks types that need to plan for in the project are the systematic and unsystematic risk.
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If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.
What is a bond?Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.
In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.
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HELP PLEASE! Draw a Phillips Curve
The following attached image is indicative of a Phillips Curve. See the definition of a Phillips Curve below.
What is a Phillips Curve?In the parlance of economics, a Philips curve is the name given to a graph that depicts the relationship between:
Inflation; andUnemployment.The Y-axis holds and depicts the inflation rate while:
The X-axis depicts the rate of unemployment.
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Under the _____, employees are required to notify their employers of military service obligations. Select one: a. Labor Management Relations Act b. Vietnam Era Veterans' Readjustment Assistance Act c. Rehabilitation Act d. Uniformed Services Employment and Reemployment Rights Act
Under the Uniformed Services Employment and Reemployment Rights Act, employees are required to notify their employers of military service obligations.
What is Uniformed Services Employment and Reemployment Rights Act?By defending the benefits and rights to civilian employment for veterans, members of reserve components, and even people who have been called to active duty by the President of the United States to provide Federal Response for National Emergencies, USERRA clarifies and strengthens the Veterans' Reemployment Rights (VRR) Statute.By clarifying the legislation, enhancing enforcement procedures, and extending eligibility for U.S. Department of Labor help in processing claims of noncompliance to Federal Government employees, USERRA also significantly strengthens the protection of service member rights and benefits.Know more about Uniformed Services Employment and Reemployment Rights Act https://brainly.com/question/14477415
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Which 3 activities are accessible from the get paid & pay tab when using business view?.
The 3 activities that are accessible from the get paid & pay tab when using business view are: Vendors, Sales, Time.
What is QuickBooks?QuickBooks can be defined as an accounting software that enable a business owner, accountant or account officer to track a company sales including their day to day transactions.
When a business owner is making use of business view on QuickBooks the activities that is accessible from the get paid & pay tab includes:
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Miriam is actively searching for a new job after she voluntarily quit her job. Miriam is now considered: Group of answer choices Not eligible for future employment Cyclically unemployed Structurally unemployed Frictionally unemployed
Miriam is now considered Frictionally unemployed.
What is cyclically unemployed?The portion of overall unemployment that is specifically caused by cycles of economic expansion and contraction is known as cyclical unemployment. Typically, unemployment increases during economic downturns and decreases during boom times.What is structurally unemployed?When the abilities that people in the economy have to provide and the skills that employers need from employees do not match, structural unemployment results. Technological advancements that render many workers' job abilities obsolete frequently cause structural unemployment.What is frictionally unemployed?The time between quitting a job voluntarily and finding another is known as the frictional unemployment period. As a result, it is frequently referred to as search unemployment, even though it also takes into account employment gaps caused by changing jobs.Therefore, Miriam is now considered Frictionally unemployed.
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Freddy Mercury received a $1100 loan from the bank for a new appliance. The bank is using the simple interest formula for this two-year, 4% loan. What is his total interest
Based on the amount of the loan and the interest rate on it, Freddy Mercury's total interest is $88
How much interest will be charged?First find the annual interest:
= 1,100 x 4%
= $44
In two years, this interest becomes:
= 44 x 2
= $88
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What are your options if the career you are interested in has a poor outlook? What are your options if the career you are interested in has a poor outlook ?
Answer:
Entrepreneur
Explanation:
Being self employed
Answer:
Firstly, a solution would be to pay no mind to other people's opinions. However, it is also important to reconsider your career in the sense that the people around you may be affected.
Explanation:
I couldn't find the right answer, so I made my own and I got 100% so hope this helps.
What is the net change in non-cash working capital that would appear on the cash flow statement given the following: i) Increase in cash of $500 ii) Increase in accounts receivables of $800 ii) Decrease in inventories of $350 iv) Decrease in prepaid expenses of $225 v) Increase in PP
Based on the cash and noncash transactions, the net change in non-cash working capital would be -$325.
How would the non-cash working capital change?This can be found as:
= Increase in accounts receivables - Decrease in inventories - Decrease in prepaid expenses - Increase in PPE + Increase in accounts payable
Solving gives:
= 800 - 350 - 225 - 950 + 400
= -$325
The rest of the question is:
v) Increase in PP&E of $950
vi) Increase in accounts payable of $400
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