B) you have a mortgage on your home.
Homeowners insurance is generally required if you have a mortgage on your home. This is because most lenders require borrowers to have homeowners insurance as a condition of obtaining a mortgage. This is because homeowners insurance protects both the lender and the borrower by providing coverage for the physical structure of the home and its contents in the event of damage or destruction. It can also provide liability protection in case someone is injured on the property. While homeowners insurance is not required in all cases, it is typically required if you have a mortgage on your home.
an operation has decided to purchase cut lettuce for salads rather than cutting the lettuce themselves. what is the benefit of doing this?
An operation has decided to purchase cut lettuce for salads rather than cutting the lettuce themselves. This. brings benefit to prevent cross contamination.
About Cross-contaminationCross contamination is the transfer of bacteria or microorganisms from one substance to another. This condition also contributes to many diseases in this world.
Types of cross-contaminationThere are various types of cross-contamination in food that can lead to disease. the following types:
1. Between food
Mixing contaminated food with other food can result in cross-contamination between food. This allows harmful bacteria to spread and enter the body when we consume them. Foods that are not perfectly cooked, raw or not washed properly are prone to contain disease-causing bacteria such as Salmonella, Clostridium perfringens, Campylobacter, Staphylococcus aureus, E. coli, and Listeria monocytogenes.
Foods at the highest risk of bacterial contamination include green vegetables, bean sprouts, leftover rice, unpasteurized milk, soft cheeses and deli meats, as well as raw eggs, poultry, meat and seafood. In addition, leftover food stored in the refrigerator for too long can cause bacterial overgrowth.
2. From equipment to food
Cross-contamination from equipment to food is prone to occur. Bacteria can survive for a long time on surfaces such as countertops, utensils, cutting boards, storage containers, and food manufacturing equipment. When equipment is not properly cleaned or unknowingly contaminated with bacteria, it can transfer harmful bacteria to food. For example, using the same cutting board and knife to cut raw meat and vegetables can be dangerous if those vegetables are then consumed raw.
3. From humans to food
When processing food, humans can easily transfer bacteria from the body or clothing. For example, a person who coughs while cooking can cause droplets containing the bacteria they secrete to reach the food being processed. The most common examples include using a cell phone full of bacteria while cooking or wiping hands with a dirty apron or towel. This can contaminate hands and spread bacteria to the food or utensils we touch. To reduce this risk, we are advised to wash our hands as often as possible.
Learn more about Cross-contamination at
https://brainly.com/question/465199.
#SPJ4
a profit-maximizing firm in a competitive market is currently producing and selling 1000 units of output. it has an average revenue of $13, and an average cost of $8. what is its marginal revenue?
The marginal revenue of the company in a competitive market is $5.
What is marginal revenue?The increase in total revenue that results from increasing product sales by one unit is referred to as marginal revenue, a key concept in microeconomics. The total benefits a company gained from the quantity of a good or service produced during the prior period and the present period with an additional unit increase in the rate of production must be compared in order to determine the value of marginal revenue. In the context of a firm, marginal revenue is a key instrument for economic decision-making, with marginal cost also taken into account. The amount a company can charge a customer is equivalent to the additional revenue from selling one more unit of a good in a market with perfect competition.
Marginal revenue=$13-$8=$5
To learn more about marginal revenue, visit:
https://brainly.com/question/14156745
#SPJ4
in comparing bonds with notes, bonds are typically issued to a single lender while notes are issued to many lenders. t or f
Term bonds are True Bonds that require full principle repayment at a single maturity date. The vast majority of bonds require full payment at one maturity date.
Which theory best explains why a company could generate more revenue with debt than it would without it?Leverage is a form of investing strategy used to raise the possible return on an investment. It involves using various financial instruments or borrowed funds. Leverage can also refer to how much debt a company utilizes to finance its assets.
What explains the polar opposite relationship between bond prices and interest rates?Interest rates and bond prices are at odds with one another. Bond prices decrease when rates rise. Other than that
To know more about Term bond visit:-
https://brainly.com/question/13749630
#SPJ4
given the human cost of unemployment, should the government do more to alleviate the suffering caused by unemployment? if the government did do more, what might be some of the potential negative consequences?
Yes, the government should definitely do more to alleviate the suffering caused by unemployment, however, it will have negative consequences such as unskilled labor force and excess supply of labor as against the actual demand.
Unemployment is among the biggest social concerns in the society. The government takes important economic decisions to bring the rates of unemployment to as low as possible. This helps in decreasing the human cost of unemployment, and also bring social harmony. However, it also has some negative effects, which have been mentioned above.
Learn more about unemployment here:
https://brainly.com/question/14227610
#SPJ4
paying dividends to stockholders reduces taxable income because dividends are an expense. t or f
Answer:
False is the correct answer.
Explanation:
if you desire to have $30,000 for a down payment for a house in eight years, what amount would you need to deposit today? assume that your money will earn 6 percent.
In the given case the money that we will earn by 6% is 21,330 ± .1%
Any tangible object or verifiable record that is commonly accepted as payment for products and services as well as the repayment of debts, such as taxes, in a specific nation or socioeconomic setting is referred to as money.Any item that is typically accepted as payment for goods and services as well as the repayment of debts in a specific nation or socioeconomic setting is considered to be money. A store of value, a unit of account, a medium of exchange, and occasionally a standard of postponed payment are the four major purposes of money.N= 7 I/Y= 5% FV= $30000To know more about Money here
https://brainly.com/question/24373500
#SPJ4
when analytics and ads are linked, how can ads utilize conversion events from analytics?
When analytics and ads are linked, by internet and binary numbers i.e. 0 and 1 can ads utilize conversion events from analytics.
Business analytics (BA) refers to the knowledge, tools, and procedures used for ongoing, iterative analysis and investigation of previous business performance in order to generate knowledge and inform future business strategy. Business analytics is focused on creating fresh understandings of how businesses work using data and statistical techniques. Company intelligence, in contrast, has typically focused on employing a set of measures that are consistent to both evaluate past performance and direct business planning. Business analytics focuses on prediction and recommendation, whereas business intelligence focuses on description. Explanatory and predictive modeling, numerical analysis, fact-based management, and analytical modeling are frequently used in business analytics to inform decision-making. As a result, it has a close relationship to management science. Clinical information systems can be operated and managed in the healthcare industry using business analysis. It can turn medical data from an overwhelming variety of analytical techniques into informative data. Modern reporting systems that contain the patient's most recent important indicators, historical trends, and reference values can also be created using data analysis. With the aid of visual analytics that the user models to reflect reasoning, decision analytics aids human decisions.
To know more about analytics please refer: https://brainly.com/question/8511268
#SPJ4
suppose equilibrium real gdp is currently at $800 billion and investment is $100 billion. if an increase in the interest rate reduces investment from $100 billion to $75 billion, and the mpc is 0.8, the new level of equilibrium real gdp will be:
The new level of equilibrium real gdp will be $675 billion if a rise in interest rates causes investment to drop from $100 billion to $75 billion and the mpc is 0.8.
An initial shift in investment's impact on GDP is measured by the investment multiplier. It measures the relationship between changes in investment and GDP.
Multiplier = Change in investment / Change in GDP.
Therefore, the formula for changing GDP is multiplier * changing investment.
The marginal capacity to consume determines the multiplier's value (MPC). When there is a shift in disposable income, a person's income that is consumed on a marginal propensity to consume basis.
The multiplier can be calculated as follows using MPC.
multiplier=1 / (1-MPC)
The MPC value is stated as 0.8.
This formula can be used to determine the investment multiplier's value.
1/ Investment multiplier (1-0.8)
= 1/0.2 = 5
Investment multiple equals 5.
The investment falls from 100 to 75 when the interest rate rises.
Change in Investment = 75 - 100 = -25 as a result.
investment change = –25
This formula can be used to compute GDP change.
GDP Change = 5 * -25 = -125
GDP change = -125
GDP = 800 at initial equilibrium
Thus, the new GDP equilibrium level is equal to 800 - 125, or 675.
$675 billion is the new equilibrium real GDP.
Learn more about GDP here
https://brainly.com/question/15682765
#SPJ4
sam has decided to implement an od effort in his division to change the attitudes, stereotypes, and perceptions that several of the units have of each other. he wants to focus the training on the differences among the units. what type of od effort is sam implementing?
Sam has decided to implement an OD effort in his division to change the attitudes, stereotypes, and perceptions shared by several units. He focuses on the training on the differences among the teams. Sam is implementing intergroup development.
Intergroup development is an organizational development that decreases dysfunctional competition between the units or teams in the organization. It initiates cooperation and efficiency of employees. It unites various teams in an organization on the basis of common goals and a holistic commitment towards the organization. It focuses on establishing and improving rapport and communication between the employees.
Intergroup development works on building a team relation between the various units of employees in an organization. Intergroup development is helpful in reducing conflicts between the teams and promotes integration.
Learn more about intergroup development here https://brainly.com/question/3406853
#SPJ4
at the beginning of the video, ava does not properly follow the third step of the formal decision-making process. what did she do wrong?
Because Ava ordered an evacuation right away, she fails to correctly follow the third step of the formal decision-making process. Thus, the correct answer to this question is "she quickly jumped to the solution of ordering an evacuation", which is E.
The video "A Hurricane of Choice" inspired this question. There was a hurricane approaching, and instead of going through the third step of the formal decision-making process to determine the best course of action, Ava demanded a solution right away, which was to order an evacuation.
It is preferable to stick to a decision-making process as much as possible since it allows one to analyze many courses of action and choose the optimal one for the scenario.
This question should be provided with answer choices, which are:
A. She failed to identify what the problem was. B. She did not measure the success of the evacuation. C. She failed to make an initial decision. D. She did not follow the proper decision-making hierarchy outlined by the government. E. She quickly jumped to the solution of ordering an evacuation.The correct answer is E.
Learn more about decision-making here: brainly.com/question/1249089
#SPJ4
jan's company is reviewing how various media reach customers in finland. which element of the marketing mix is the company concerned with?
Jan's business is analyzing how various media outlets reach Finnish customers. This component of the marketing mix is connected to product characteristics, distribution strategy, communication strategy, and price strategy.
The marketing strategies that a company will use to sell its products or services are called the elements of a marketing mix. The following five factors should be taken into account: product, pricing, venue, promotion, and people. Find out more about how these components might improve the success of a company's marketing efforts.
The marketing mix makes it simpler to comprehend the possible advantages your product or service could have for customers. helps develop a successful product offering. helps in the creation, organization, and implementation of effective marketing activities. helps businesses use their advantages and cut unnecessary costs.
To learn more about marketing mix
https://brainly.com/question/28527740
#SPJ4
there are four elements necessary for a gift: delivery, donative intent, acceptance, and monetary valuation. true false
It is false that there are four elements necessary for a gift: delivery, donative intent, acceptance, and monetary valuation.
A gift must include all four of the following: delivery, charitable motive, acceptance, and monetary valuation. In general, a promise to make a gift is enforceable.
the deliberate wish to give something as a present, as opposed to giving something as a gift unintentionally or under duress. A contractual relationship may not be formed when a donor makes a gift with the intention of making a donation.
Both kinds of presents share three requirements that must be fulfilled in order for the gift to be considered valid by the law: the recipient must receive the gift, it must be delivered to the recipient, and it must be accepted.
Know more about monetary valuation here:
https://brainly.com/question/28236449
#SPJ4
1. tesla's new factory in germany is a form of: a. dynamic sales volume b. design to order c. service and product proliferation d. next shoring
The new Tesla factory in Germany is an example of dynamic sales volume.
The goal of dynamic selling is to match your sales strategy to the buying process of your customer. Hence, option a) is correct.
It takes time and effort to develop relationships with your customers and understand how they make decisions, what needs to happen, and when it needs to happen. Developing relationships to close deals isn't a new concept. We all remember relationship selling. However, there is one significant difference that gives sellers who use dynamic selling an advantage.
Every customer (or group of customers when selling into a business) has a unique decision-making and purchasing process, which is why the selling process must be adaptable to their requirements.
To learn more about dynamic sales volume, please refer:
https://brainly.com/question/15080781
#SPJ4
7.which term describes sampling performed on goods that already exists to determine what percentage of products conform to specifications
The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is acceptance sampling. Hence, the correct option is (A).
What is Acceptance Sampling?Acceptance sampling is one of the activities carried out in manufacturing companies and aims to carry out quality control. This acceptance sampling uses statistical measurements and the results of this acceptance sampling will determine what percentage of products conform to specifications. Acceptance sampling itself is carried out by companies to save costs because a company cannot possibly test the quality of each product one by one.
The question is incomplete, but most probably your question was:
The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is
A. Acceptance sampling
B. Statistic sampling
C. Continuous sampling
Hence, the correct option is (A).
Learn more about acceptance sampling at https://brainly.com/question/7032011
#SPJ4
1)health organizations need both effective leadership and good management to be successful. explain how strong individual leadership traits translate into being an effective manager.
The qualities to make the strong individual leadership traits translate into being an effective manager.
What is leadership small definition?
in general term, leadership refers the one in the charge, the person who convinces other people to follow.
Here we need to find the strong individual leadership traits translate into being an effective manager.
As we already know that, the health organizations need both effective leadership and good management to be successful.
Here we have list down the strong individual leadership traits that make the person to be an effective manager.
The person must have More trust and confidence among employeesWho has the Ability to thrive through adversityAble to adapt the situation and take the quick decisionAsk for more responsibilitiesEncourage Risk-Taking and InnovationTo know more about Leadership here.
https://brainly.com/question/29452698
#SPJ4
thomas smith, a registered agent of xyz broker-dealer, believed that his client's security was overvalued. if smith exaggerated the amount by which the security was overpriced to protect the client from a downturn in the price of the security, each of the following statements is true except a) smith acted in a dishonest and unethical manner b) smith made an untrue statement in connection with the sale of a security c) smith engaged in fraud in connection with the sale of a security d) smith provided investment advice while acting in a sales capacity, which is a prohibited practice
A broker-dealer (B-D) is a character or company in the business of shopping for and selling securities for its own account or on behalf of its customers. The time period broker-dealer is used in U.S. securities legislation parlance to describe stock brokerages because most of them act as each sellers and principals.
What Are Examples of Brokers-Dealers?Some of the most frequent broker-dealers are Charles-Schwab, E-Trade, and TD Ameritrade. Some of these, like Charles-Schwab, are full-scale monetary services firms, whilst E-Trade and TD Ameritrade are particularly online brokerage firms.
What's the difference between a broker and dealer?Technically, a dealer is in the enterprise of buying and selling securities on behalf of its clients, and a dealer buys and sells securities for its very own account. A broker-dealer does both. Broker-dealers might also enchantment to traders who desire to be greater proactive in managing their own portfolios.
Learn more about broker-dealer here:
https://brainly.com/question/30034770#SPJ4a type of director that provides the controlling vision for their films from idea, through script writing, to completion, closely supervising most every step in the process is called...
A type of director that provides the controlling vision for their films from idea, through script writing, to completion, closely supervising most every step in the process is called artistic control.
The creative vision of a feature film, television show, play, short film, or other production is determined by a director. A project is completely under their artistic control.
The director is responsible for two fundamental duties:
1) to create a unified vision for the finished product and
2) to inspire others to make it a reality. The director must organize the realization of his or her vision in order to meet these obligations.
The director's work is crucial to the production of a play because he or she defines the production's vision for everyone involved. The director must: Cast the production, collaborate with designers, interpret the script, plan the rehearsals, and direct the actors in their work during the rehearsals.
To learn more about artistic control here
https://brainly.com/question/28122075
#SPJ4
Full Question = a type of director that provides the controlling vision for their films from idea, through script writing, to completion, closely supervising most every step in the process is called______________.
when the term reputation management is used, it is applicable solely during a crisis. produces a temporary change in public opinion. includes publicity and press agentry. is a superset of public relations. is a short-term tactical process.
Answer:
When the term Reputation management is used, it includes both publicity and press agentry is applicable solely during a crisis.
Explanation:
Reputation management is the practise of influencing how the general public feels about a person, organisation, or business. Reputation management entails actively controlling the communication and presentation of an individual, organisation, or other entity's image and perceived values. It also involves monitoring, evaluating, and shaping public views and opinions.
Because a person's or organization's reputation can significantly affect its success and possibilities, reputation management is crucial. An individual or other entity can enhance their public image and develop credibility with their audience by actively controlling and moulding their reputation.
Learn more about Reputation management visit: https://brainly.com/question/3492519
#SPJ4
rough water, llc and shafer enter into a contract for the delivery of a certain number of river rafts. until the rafts are delivered and paid for, the parties have:
Rough water, llc and shafer enter into a contract for the delivery of a certain number of river rafts. until the rafts are delivered and paid for, the parties have an executory contract.
A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations. A contract usually entails the exchange of products, services, cash, or a promise to exchange any of those things at a later time. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. The foundation of contract law, which is the area of the law of obligations pertaining to contracts, is the idea that agreements must be upheld. Like other aspects of private law, contract law differs from country to jurisdiction. Common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions, which incorporate components of both common and civil law, can be used to categorize the various systems of contract law. Contrary to civil law and the majority of mixed law jurisdictions, which only require a meeting of the minds between the parties, common law jurisdictions frequently require consideration in order for a contract to be legitimate. There are various distinct forms of contract law with their own unique standards within the broad category of civil law nations.
To know more about contract please refer: https://brainly.com/question/984979
#SPJ4
peter drucker is credited with providing the first modern handbook on the subject of . multiple choice question. production finance management sales
Option D is the correct answer. The very first modern management handbook is attributed to Peter Drucker.
What does management mean?The process of completing the labour or task necessary for accomplishing an organization's goals in an effective and efficient way is referred to as management. The procedure implies the management duties.Planning, organising, staffing, directing, and managing are therefore involved.What makes management crucial?Simply said, firms wouldn't succeed without managers. By creating growth with high-performing teams, managers play a significant role in the sector. Overall, managers will always be a key component of every organisation because of their involvement in activities like hiring and training new personnel as well as decision-making.The process of completing the labour or task necessary for accomplishing an organization's goals in an effective and efficient way is referred to as management.Option D is the correct answer. Peter Drucker is credited with providing the first modern handbook on the subject of management.
To know more about management, visit:
https://brainly.com/question/14523862
#SPJ1
given the following cash flows: initial investment at time 0: $400,000 net cash inflows: time 1: $20,000; time 2: $70,000; time 3: $110,000; time 4: $200,000; time 5: $400,000. (please note that time 0 is the start of year 1 and time n is the end of year n - for example time 5 is the end of year 5.) what is the payback period?
Over a represents a total, the payback period could occur. This is done in order to repay the initial investment since year three would be the last one with a balance. The investment generates a return equivalent to the initial investment during years four and five.
Cash flows:
The potential returns on some projects lead to significant cash flows, which are then used to finance other investments. Businesses calculate these money flows to determine whether an investment will produce future profits that are positive or negative as well as to determine whether it is profitable to pursue.
In contrast to the method used to achieve an even cash flow, a different formula is utilised to determine the predicted payback period. Let's list our various cash flows to determine when we'll see a return:
Time Cash flow Cumulative cash
0 - 400000 -400000
1 20000 -380000
2 70000 -310000
3 110000 -200000
4 200000 0
5 400000 400000
Three years from now it will mark the beginning of the repayment period. This is because year three is the last year in which there existed a balance that was sufficient to return the initial investment. In year 4, this investment reaches the breakeven threshold, during year 5 it produces a return corresponding to the initial investment.
Learn more about Cash flows at:
https://brainly.com/question/29768594
#SPJ4
if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? explain.
Revenues are only recorded when cash is received when using the cash basis of accounting.
Date Specific Debit Credit.
31 December Amount Receivable: $59,500
December 31 Fess earned $59,500
No, the adjustment is not recorded as fees collected in cash-based accounting.
We won't ever be noted in the adjustment entry if the relevant entry is a cash entry.
Revenues and expenses are recorded on a cash basis, which means they are paid as they are incurred. Accounts payable and receivable are not taken into account by this procedure.
Because they include all of an entity's operations during the reporting period, accrual basis financial statements are more useful as sources of information than cash-based financial statements: Even though it hasn't yet been paid out in cash, revenue that was made is acknowledged, along with expenses as they are spent.
Know more about cash basis here:
https://brainly.com/question/14947252
#SPJ4
The complete question is:
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. Required: A. Journalize the adjusting entry to record the accrued fees on December 31. Refer to the Chart of Accounts for exact wording of account titles. B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
The plant and production benchmarking cost data in each issue of the Footwear Industry Report
A. are less useful than the operating benchmarks in determining whether a company is managing certain aspects of its plants in a cost efficient manner.
B. provide solid evidence of whether a company is managing certain aspects of its plants cost-efficiently Care more useful to company managers if the company has adopted a strategy to produce branded footwear with a 3-star S/Q rating or higher
C. are most useful to the managers of companies that have adopted a strategy to be the low-cost provider of private-label footwear
D. provide solid evidence of whether a company's total manufacturing costs of branded footwear (and private-label footwear. If any pairs are being produced) are low enough to enable the company to be attractively profitable
The plant and production benchmarking cost data in each issue of the Footwear Industry Report provide solid evidence of whether a company is managing certain aspects of its plants cost-efficiently.
Production costs reflect all of the expenses associated with a company conducting its business while manufacturing costs represent only the expenses necessary to make the product. A factory's production costs are the total expenses of doing business. Manufacturing businesses calculate their overall expenses in terms of the cost of production per item. As the rate of production increases, the company's revenue increases while its fixed costs remain steady.
Learn more about the plant and production cost here:
https://brainly.com/question/19523625
#SPJ4
Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
Find out more on speculative risk at
https://brainly.com/question/29297785
#SPJ1
if no one can live without groceries, then why do they cost less than big-screen tvs that no one really needs?
Answer:
Although the demand is higher for groceries than for TV's, supply is much greater for groceries. (Price is a function of both supply and demand.
you're on the store marketing team for a discount store that has 10 franchise locations. each franchisee has a budget and wants to allocate money toward promoting their location and driving in-store traffic. what recommendation would you make
The recommendation you would make is set one campaign per location, set one campaign per region and set one campaign per country.
What is a campaign?A campaign is a promotional effort made over a predetermined period of time based on the same strategy and original concept, with the aim of achieving a marketing objective that may have an impact on sales. Email marketing campaigns are one of the campaign kinds that are most frequently used in digital marketing. In this instance, the measurement is equally crucial to the recipients' understanding as the presentation and the information. Measurement of the effectiveness of the efforts put forth and comparison with the results attained is crucial in any campaign directed at a website. For this, campaign parameters that are inserted into all outbound links of the campaign (either from emails or from other websites) are utilized with the intention of being recognized by web analytics software.
To learn more about campaign, visit:
https://brainly.com/question/27833549
#SPJ4
an outstanding check is one that has been issued but not yet reported on a bank statement. t or f
A check that has been issued but has not yet been reflected on the bank's statement is known as an outstanding check. The person authorized to sign checks must sign the signature card provided by the bank.
A memorandum is the source document for a debit card purchase.
What exactly is an unpaid check?
Incomplete Checks a check that has been written but not yet presented for payment to the bank. An unpaid deposit a deposit that has been made and entered into the checkbook, but the bank statement has not yet been produced.
Learn more about outstanding check here:
https://brainly.com/question/17241149
#SPJ4
sarah is taking out a $24,400, four-year new-car loan with an apr 6.88%. what is the finance charge for this loan? round to the earest hundred dollars.
The finance fee is calculated as $6715 using the APR, loan amount, and term.
What does a loan's financing fee entail?The financing fee is the sum that the loan's lender deducts as compensation.
A finance charge is the total interest and loan fees you would be required to pay throughout the course of your mortgage loan. This includes all pre-paid loans and is based on the premise that you hold the loan until it matures (at which point the final payment is due).
Given:
The loan's main balance is $24,400.
The loan's term (in time) is four years.
6.88% is the annual percentage rate, or APR.
Required:
the loan's financing fee.
Solution:
Finance charge is calculated as follows: Principal x Rate x Time
Therefore;
Finance charge: ($24,400 x 0.0688 x 4) = $6714.88 $6715.
To know more about finance charge loan visit:-
https://brainly.com/question/29216351
#SPJ4
rudy's, a hair coloring product for men, recently had its logo trademarked. when must the trademark registration be renewed?
Men's hair coloring product Rudy's has registered its logo for trademark purposes. After ten years have passed since the trademark's registration date, it must be renewed.
A federal trademark has 10-year renewal periods after its initial 10-year registration period. The registrant is required to submit an affidavit confirming that the mark is still in use between the fifth and sixth years following the registration date.
Trademarks have no specified expiration date, unlike patents and copyrights. As long as the owner uses a trademark, it will continue to exist. The owner of a registered trademark must continue to use it in regular commerce after the United States Patent and Trademark Office (USPTO) awards registration.
To learn more about Trademarks
https://brainly.com/question/19534317
#SPJ4
a small business estimates price elasticity of demand for the product to be 3. to raise total revenue, owners should
If a small business estimates price elasticity of demand for the product to be 3, hence, to raise total revenue, owners should decrease price as demand is elastic. (Option A)
Price elasticity of demand refers to ratio of the percentage change in quantity demanded of a product to the percentage change in price. It is used by economists to understand how supply and demand change when a product's price changes and vice versa. In other words, a product's price elasticity of demand is a measure of sensitivity of the quantity demanded to its price. Hence, when the price rises, quantity demanded falls for almost any products, however the reduction may be more for some products than for others. As in the given scenario, as the demand is elastic, the owner should decrease price to raise total revenue.
Note: The question is incomplete as it is missing options which are A. decrease price as demand is elastic. B. decrease price as demand is inelastic. C. increase price as demand is elastic. D. increase price as demand is inelastic. E. do nothing; they are already maximizing total revenue.
Learn more about Price elasticity of demand:
https://brainly.com/question/24384825
#SPJ4