Annual rate is 2.67%.
Given payment is $240 each year and sale amount is $9,000.
Annual rate of return is to be computed.
The annual percentage rate is the interest earned by an amount charged to borrowers or paid to investors each year. APR is a number that shows the real yearly cost of money throughout the life of a loan or the revenue received on an investment.
The formula to compute the annual rate of return is given as:
Annual rate of return = Payment ÷ Sale amount
Now,
Annual rate of return = 240 ÷ 9,000
=2.67%
Hence, the annual rate of return is 2.67%.
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A cost that is nearly variable, but increases in small steps rather than continuously is a(n) - cost.
A cost that is nearly variable, but increases in small steps rather than continuously is a step variable cost.
What does step variable cost mean?A step variable cost is one that, while typically fluctuating with activity level, tends to be incurred at certain discrete points and involves significant changes in amounts at those points. A really variable cost, on the other hand, will fluctuate over time and in direct proportion to the degree of activity.
This step effect can have an impact on the allocated cost per manufactured unit because a step variable cost can essentially stay the same even when activity levels alter. As more units are produced, the allotted amount per unit lowers until a new step variable cost is incurred due to the higher volume level, at which point the cost per unit increases as a result of the higher total variable cost.
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The statute of frauds does not apply to contracts that involve the sale of a land interest. true false
It is false that the statute of frauds does not apply to contracts that involve the sale of a land interest.
What is fraud?This refers to willful act of taking advantage of others through a dubious or deceptive manner.
Fraud means intentional unlawful deception by making false statements to be able to gain something valuable.
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Spirit Airlines has wall monitors that show media interactions in real time. As a message appears on the screen, the system recognizes whether the comment is positive or negative so the Spirit team can respond to customers and ensure that they have a positive experience. This is an example of _______. a. social media monitoring b. personal selling c. crowdsourcing d. brandjacking
The above-given situation is an example of social media monitoring.
What is social media monitoring?Social media is now used by the majority of eCommerce platforms to interact with both current and potential clients. Businesses may communicate with customers in real time thanks to these networks. Monitoring social media can help you understand how your business is being discussed online.What is personal selling?When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople.What is crowdsourcing?With crowdsourcing, a sizable number of scattered participants produce or provide goods or services, including ideas, votes, tiny chores, and money, for pay or as volunteers.What is brandjacking?Brandjacking is a practice where someone takes over another entity's online identity with the intention of gaining the brand equity of that person or company.Therefore, the above-given situation is an example of social media monitoring.
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Which statement is true about the reliability of secondary data while conducting market research? Economic data about less developed countries are more reliable when reported by these countries. Willful errors in the reporting of marketing data are predominantly absent in most industrialized countries. Official statistics are sometimes too optimistic, reflecting national pride rather than practical reality. Reliability of data remains unaffected by the prevailing tax structures in countries. The data in less developed countries are particularly prone to being less positive in nature when reported by these countries.
The answer is, Reliability of data is affected by the tax structures prevailing in countries.
What is market research with example?When a business has a limited budget or there has already been a lot of market research done on a given issue, they frequently use this type of study. Making note of the most recent data published on a certain topic after conducting an online search on it is an example of market research.What is the main purpose of market research?Sell research is the process of acquiring information about target consumers and demographics to help a firm market itself more successfully and, ultimately, succeed in the market. No matter whether a company is B2B or B2C, large or small, new or established, market research is an essential component of every business plan.How does market research help a business?An efficient instrument for your business strategy is market research. It involves gathering data that can help you understand the thoughts, behaviors, and locations of your clients. Additionally, market research can help you keep an eye on your competitors' moves and track market trends.
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An increase in the budget deficit would cause a?
hen using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to:
When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to the products sold.
What happens when production is greater than sales?Because it allocates fixed overhead expenses to each unit of a product produced throughout the time, absorption costing differs from variable costing.Net income recorded under absorption costing will be higher than net income reported under variable costing when production exceeds sales. Closing stocks rise under absorption costs as output outpaces sales.When output exceeds the number of units sold, absorption costing allocates fixed overhead to the items sold, resulting in net income that is higher than that determined by variable costing.The operating income under absorption costing is higher when production outpaces sales, i.e. when final inventory exceeds beginning inventory.To learn more about Absorption costing refer to:
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The Japanese automobile manufacturer Mazda produces the Premacy SUV in Haikou, China at a plant it built in the Chinese province. Mazda is using _____ to engage in global trading. Group of answer choices cooperative cartel limited partnership international corporation direct foreign investment international cooperative
foreign direct investment
What is foreign direct investment?A corporation from nation A will invest in country B by starting their own commercial activities there or by buying a local company. This practice is known as foreign direct investment (FDI). The new company in country B must be controlled and managed by the investor from nation A in order to qualify for FDI.The investment could entail purchasing a material supply, growing a business's reach, or establishing a global presence.By 2020, the United States will trail China in terms of FDI attraction.Why do companies engage in foreign direct investment?Avoid trade restrictions. National protectionism still appears occasionally despite the increased prevalence of free trade.Lower the cost of production. Companies increasingly use foreign direct investment to lower production costs.Examples of Foreign Direct InvestmentsMergers, acquisitions, or joint ventures in the retail, service, logistics, or manufacturing sectors may be part of foreign direct investments. They point to a global business expansion plan.learn more about characteristics of foreign direct investment at
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A Blank______ covenant specifies actions that the firm agrees to take. Multiple choice question. positive negative preventive prescriptive
A positive covenant specifies actions that the firm agrees to take.
This is a statutory provision of a contract or legal document in which one party promises or is prevented from taking certain actions or has a specific obligation to protect the interests of the other party.
High-risk projects tend to transfer wealth from bondholders to shareholders. Why do bond contracts limit high-risk investments by shareholders in the event of a financial emergency? Bondholders cannot limit the company's future credit decisions.
Steal the key. Negative contracts are contracts that prevent a company from taking certain actions. This is a promise to do nothing. For example, a contract with a public company may limit the number of dividends a public company can pay to its shareholders.
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The y-combo company is in need of new software to run its information technology services. Y-combo narrows down the prospects to two companies. The second company shows how itsit software also integrates easily with y-combo’s accounting, human resources, and crm software package. The second company is offering y-combo what type of a sale?.
Answer:
solution sale
Explanation:
True or false: The currency of the United States consists primarily of metal coins and paper money. True false question. True
It is true that the currency of the United States consists primarily of metal coins and paper money.
What is money?Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.
There are other forms of money in the United States, however, paper money and metal coins constitute their primary currency.
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The real interest rate tells you Question 31 options: how fast the number of dollars in your bank account rises over time. how fast the purchasing power of your bank account rises over time. the number of dollars in your bank account today. the purchasing power of your bank account today.
The real interest rate tells you how fast the purchasing power of your bank account rises over time.
What is meant by the real interest rate?When a borrower pays back a loan with interest, the lender obtains a gain in purchasing power that is expressed as a percentage. In the previous illustration, the lender made $8 on the $100 loan, or 8%.What is real and nominal interest rate?The real rate of a bond or loan is determined by adjusting a real interest rate to account for the impacts of inflation. The interest rate before accounting for inflation is referred to as a nominal interest rate.Why real interest rate is important?Real interest rates are the main concern of economists. Investors may be forced to take on greater risk or withdraw entirely depending on the real rate. Without ever taking a dollar, it can drain your savings. Every central bank in the world has it on their radar.
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Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be
The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.
What is a product?Generally,
In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.
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If a large firm plans to become more competitive in its market space and has already decreased its production costs using economies of scale, what would happen in relation to its intra-industry trade
It would work to expand its competitive products into other countries and offer a variety to customers is the answer.
Intra-industry trade means exchanging similar products in the same industry. The term is commonly used in international trade where the same type of goods or services are imported and exported.
Intra-industry trade can be broadly defined as a situation in which countries import and export essentially the same product at the same time. For example, the United Kingdom both exports and imports cars to Sweden.
However, most of the trade is intra-industry trade. That is, the trade of goods within the same industry from one country to another. For example, the United States produces and exports automobiles and imports automobiles.
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A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its total revenue will ____ and its total profit will ____.
A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its total revenue will rise and its total profit will fall.
A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.
A perfect market, also known as an atomistic market, is defined by various idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.
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Which speaker is most likely to make high-risk investments?
Speaker A: I want to invest in
lot of different companies. You never know
when a company is going to have a surprisingly good or bad year.
Speaker B: I invest to get as much money as I can as quickly as I can. I'm not
worried about losing money at all.
Speaker C: I'm nearing retirement, so I need to make sure my investments are
safe. The worst thing that could happen would be losing all of my investments
right before I need them.
Speaker D: I'm concerned that investment is always risky. I prefer to hold onto
my money instead of investing it in companies or banks.
• A. Speaker B
• B. Speaker D
• c. Speaker C
• D. Speaker A
The correct option is Speaker B: I invest to get as much money as I can as quickly as I can. I'm not worried about losing money at all.is most likely to make the high-risk investment?
What is Investment?
Investment is the commitment of a resource to a long-term increase in value. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investing is done in order to profit from the asset being put to use.
Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time.
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Create an Income Statement for the month ended November 30, 2020 for Riley Repair Shop:
Repairs Revenue is $9,900
Installation Fees is $1,600
Salaries Expense is $2,600
Rent Expense is $2,000
Advertising Expense is $850
Supplies Expense is $185
Utilities Expense is $235
Insurance Expense is $150
Delivery Expense is $770
The Net income from the Income Statement of Riley Repair Shop equals $4,710.
What is the Income statement?Revenue:
Repairs Revenue = $9,900
Installation Fees = $1,600
Total $11,500
Salaries Expense = $2,600
Rent Expense = $2,000
Advertising Expense $850
Supplies Expense $185
Utilities Expense $235
Insurance Expense $150
Delivery Expense $770
Total $6,790
Net Income $4,710
Therefore, the Net income from the Income Statement of Riley Repair Shop equals $4,710.
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Environmental forecasting does not involve plausible projections about the ________ of environmental change. direction scope speed lack of intensity
Environmental forecasting does not include reasonable predictions regarding the lack of intensity of environmental change.
How does environmental forecasting work?Environmental forecasting is a technique where managers make decisions today that will assist the company deal with the environment of tomorrow by attempting to foresee the future characteristics of the organizational environment.
What are the techniques for predicting the environment?In this approach, client intentions are predicted using postal questionnaires, phone interviews, or in-person meetings. An anticipatory survey falls under the category of sampling because the respondents are meant to reflect a larger population.
Why is it vital to forecast the environment?Accurate projections help utilities satisfy energy demand and prevent network undesired events like load shedding and blackouts.
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Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers. What is the logic behind this action
Ticket agents often deal with luggage and so cross-training makes them more efficient.
Singapore Airways has been named this year's 'global's exceptional Airline' in Skytrax's Global Airline Awards. SIA also took the pinnacle spot in the 'world's exceptional First class', 'satisfactory Airline in Asia' and 'exceptional First elegance Airline Seat' categories in the 2018 ratings.
Accomplishing service Excellence price-successfully. SIA has two major assets planes and those and it manages them in order that its carrier is better than its opponents' and its fees are lower. in contrast to different airlines, SIA guarantees that its fleet is usually young.
Singapore has usually been very progressive in relation to patron enjoyment. They have been the first airline to have satellite communications for passengers, and on-demand seatback entertainment screens for economy suites on board their A380.
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Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach out to her directly through her posts and can ask any questions they might have before requesting her services. This is an example of _______. a. telemarketing b. microtargeting c. direct marketing d. the sharing economy
(C) Direct marketing.
What is telemarketing?Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services. This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.What is microtargeting?Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.What is direct marketing?The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing. It is sometimes referred to as direct response marketing among practitioners. Advertising, in contrast, is a form of mass messaging.What is the sharing economy?The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing. It frequently involves a different method of buying goods and services than the conventional business model, which involves employers hiring workers to create commodities that are then sold to customers.Therefore, the correct answer is (C) Direct marketing.
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What type of timeshare involves a buyer agreeing to pay a one-time purchase price and an annual maintenance fee, and in return selecting an accommodation time and having the right to use the unit for a specified number of years
The type of timeshare that involves a buyer agreeing to pay a one-time purchase price and an annual maintenance fee, and in return selecting an accommodation time and having the right to use the unit for a specified number of years is a Vacation. this is further explained below.
What is Vacation?Generally, there should be a standard break between semesters in schools and terms in courts.
In conclusion, A Vacation is a sort of timeshare where the buyer agrees to pay a one-time purchase price and an annual maintenance charge in exchange for the opportunity to use the unit at a certain period and for a predetermined number of years.
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Waterway Industries has beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased
Your question is incomplete. Please read below for the missing content.
The correct option for the cost of raw materials purchased is $714,000.
Solution:
Statement showing the computation of cost of raw material purchased
Ending raw material inventory of $150,000
Add: Cost of direct material used $690,000
Less: Beginning raw material inventory $(126,000)
Cost of raw material purchased $714,000
Conclusion:
Hence the cost of raw material purchased is $714,000
Hence the correct option is $714,000.
Purchases of raw materials, consumables and offerings are purchases of all commodities used as inputs inside the manufacturing technique and of offerings related to the supply of factors of production, inclusive of renting belongings or system, leasing, brief group of workers, and, in general, all outside offerings purchased for personal use (protection body of workers, cleaners and many others.).
Waterway Industries has a beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased?
A. $720000.
B. $714000.
C. $690000.
D. $666000.
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The correct option for the cost of raw materials purchased is $714,000
Explanation:
Statement showing the computation of cost of raw material purchased
Ending raw material inventory of $150,000
Add: Cost of direct material used $690,000
Less: Beginning raw material inventory $(126,000)
Cost of raw material purchased $714,000
Conclusion:
Hence the cost of raw material purchased is $714,000
Purchases of raw materials, consumables, and offerings are purchases of all commodities used as inputs inside the manufacturing technique and of offerings related to the supply of factors of production, inclusive of renting belongings or system, leasing, brief group of workers, and, in general, all outside offerings purchased for personal use (protection body of workers, cleaners and many others.).
Your question is incomplete. Please read below for the missing content.
Waterway Industries has a beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased?
A. $720000.
B. $714000.
C. $690000.
D. $666000.
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If The Deli delays paying its suppliers by an additional ten days, then: its payables turnover rate will increase. it should require less bank financing of its daily operations. its stock-out costs will rise. its cash cycle will increase by ten days. its operating cycle will increase by ten days.
The Deli should need less bank finance for its everyday operations if it delays paying its suppliers by an additional ten days.
What is meant by "bank finance"?Banking institutions that have provided credit facilities to the relevant borrowers in relation to Operational Projects are referred to as Financing Banks. These financial institutions are fully and specifically described in the Portfolio Liabilities Schedule (Schedule 1.1(uu)); Financing Banks has the meaning given in Section 1.04.
What three sorts of finance are there?Personal finance, corporate finance, and public (government) finance are the three primary subcategories within the field of finance. Financial services are used by both consumers and corporations to obtain financial goods and accomplish financial objectives.
What kind of finance do banks use?They take in money (deposits) and then disperse it in the form of financial goods like mortgages and consumer loans, which is what they do by definition. Banks may pay a little amount of interest on the deposits they receive, but they charge a greater interest rate on the money they lend out.
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Sentiment analysis projects require a lexicon for use. If a project in English is undertaken, you must generally make sure to Group of answer choices use only the single, approved English lexicon. use any general English lexicon. use an English lexicon appropriate to the project at your discretion. create an English lexicon for the project.
Sentiment analysis projects require a lexicon for use. If a project in English is undertaken, you must generally make sure to use an English lexicon appropriate to the project at your discretion.
What is sentiment analysis?This is the ability of being able to recognize the opinion that is used in a text. The aim is to be able to know the attitude of the person writing on that topic.
The attitude that has to be known is either a positive or a negative attitude of the writer.
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A plaintiff who sues on the basis of disparate-treatment discrimination in hiring must make out a prima facie case of illegal discrimination, and will win in the absence of a legally acceptable employer defense. Group of answer choices False True
The statement is true.
A plaintiff suing for disparate-treatment discrimination in hiring must first file a prima facie case. At first glance = prima facie
Case in which the plaintiff has given sufficient proof of his or her claim that the case will be determined in favor of the plaintiff unless the defendant offers no evidence to dispute it.
In the absence of a legally acceptable employer response, a plaintiff who sues on the basis of disparate-treatment discrimination in hiring must make out a prima facie allegation of illegal discrimination and will prevail.
Hence, it is true.
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What is the normal journal entry when writing-off an account as uncollectible under the allowance method?.
The journal entry when writing off an account as uncollectible under the allowance method is:
Allowance for Doubtful Debts ( Dr.) xxxxx
Accounts Receivable ( Cr.) xxxxx
The allowance technique involves putting aside a reserve for terrible debts that are expected in the future. The reserve is based on a percent of the income generated in a reporting length, possibly adjusted for the danger associated with positive clients.
The allowance technique is used to determine how an awful lot of money a commercial enterprise needs to set apart for future awful or unrecoverable customer debt. It factors in the price of the losses an organization expects from extending patron credit.
The allowance approach requires a small commercial enterprise to estimate at the cease of the 12 months how an awful lot awful debt they have got, while the direct write-off method we could owners write off horrific debt whenever they determine a patron might not pay an invoice.
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The purchase of a good or service that has not yet been paid for is recorded in ________ on the balance sheet.
The purchase of a good or service that has not yet been paid for is recorded in accounts payable on the balance sheet.
Purchasing is a formal process of purchasing goods or services. The purchasing process varies from organization to organization, but there are some common key factors. The process usually starts with demand or requirement. This can be a physical part (inventory) or service.
Buying and selling goods is a commercial activity in which the seller is obliged to deliver the goods, transfer ownership of the goods to the buyer, and make payments. This obliges the buyer to pay the seller and receive delivery and ownership of the goods in accordance with the contract.
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When a business such as carmax sells a used car to an individual for $9,000 then no part of this transaction counts in gdp because the car is used. True or false?.
True.GDP includes the value of all final goods and services produced in a country in a given period of time. It does not include the sale or purchase of intermediate and used goods. Hence when the business sells a used car to an individual, it is not counted in GDP.
Gross domestic product (GDP) is the standard degree of the price brought created through the manufacturing of goods and services in a rustic during a certain period. As such, it additionally measures the earnings earned from that manufacturing or the total quantity spent on final items and services (much fewer imports).
Key Takeaways. GDP can be calculated by adding up all of the money spent by customers, corporations, and authorities in a given duration. It may additionally be calculated with the aid of including up all the cash obtained with the aid of all of the participants within the economic system. In either case, the number is an estimate of "nominal GDP."
Economists frequently agree that the precise GDP boom rate is between 2% and three%. five increase needs to be at 3% to keep a natural fee of unemployment. But you do not need a boom to be too fast. with a purpose to create a bubble, which then leads to a recession while it bursts.
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Public relations has more power to influence consumers than other forms of corporate communication because
Public relations has more power to influence consumers than other forms of corporate communication because the message is usually sent through the media which is usually perceived as trustworthy.
What is public relations?This is referred to as the act of sending messages from a person or a corporation to the public at large.
The goal is to be able to change or influence the perception of the public on certain issues.
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At _____ stage of the organizational life cycle, it becomes appropriate to introduce mechanistic structures that support the standardization and formalization required to create effective coordination across the organization.
At the survival and early success stage of the organizational life cycle, it becomes appropriate to introduce mechanistic structures that support the standardization and formalization required to create effective coordination across the organization. This is further explained below.
What is the organizational life cycle?Generally, The stages of an organization's existence, from its founding to its dissolution, are collectively known as the organizational life cycle.
In conclusion, Mechanistic structures that support the standardization and formalization that is necessary to develop effective coordination across the organization should be introduced when an organization reaches the stage of its life cycle known as the survival and early success stage.
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An owner of real property borrowed money from a lender. As security for the owner's promise to repay the loan, the owner granted the lender a mortgage on the real property. The lender promptly recorded the mortgage. The owner subsequently defaulted on the loan. The lender delayed bringing suit to enforce the loan obligation. As a consequence, the owner was able to successfully assert the statute of limitations as a defense to the suit. If the lender now seeks to foreclose on the mortgage, will the lender likely prevail
What does reconveyance mean?
Returning ownership to the original owner is referred to as reconveyance. Most frequently occurs when real estate deeds are reconveyed, also known as a reconveyance deed.Learn more about mortgage brainly.com/question/13447700
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