To calculate the monthly payment for the loan, we can use the formula for the monthly payment on an amortizing loan:
Monthly Payment = (Loan Amount * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate) ^ (-Number of Months))
Given the following information:
Loan Amount = RM2,000
Interest Rate = 12% (compounded monthly)
Number of Months = 48
First, we need to calculate the monthly interest rate. We can do this by dividing the annual interest rate by 12 months:
Monthly Interest Rate = 12% / 12
Monthly Interest Rate = 1% (or 0.01)
Now we can calculate the monthly payment:
Monthly Payment = (RM2,000 * 0.01) / (1 - (1 + 0.01) ^ (-48))
Monthly Payment = RM41.82 (approximately)
(a) The monthly payment for the loan is approximately RM41.82.
To find the outstanding principal at the beginning of the 36th month, we need to calculate the remaining loan balance after 35 months of payments. We can use the formula for the remaining loan balance:
Remaining Loan Balance = Loan Amount * ((1 + Monthly Interest Rate) ^ Number of Payments) - ((1 + Monthly Interest Rate) ^ Number of Payments - 1) / Monthly Interest Rate
Number of Payments = 36 (since we want the beginning of the 36th month)
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beginning work-in-process is 6,400 units; 63,300 units completed, and ending work-in-process is 7,450 units, which are 100% complete for direct materials and 50% complete for conversion costs. the beginning wip inventory is 100% complete for direct materials and 50% complete for conversion.
The equivalent units of production for direct materials are 69,150, and for conversion costs are 65,925.The total equivalent units of production for direct materials are 69,150 (6,400 + 63,300), and for conversion costs, it is 65,925 (6,400 + 63,300 + 3,725).
Equivalent units of production are a measure used in process costing to account for partially completed units. In this scenario, we have three components to consider: beginning work-in-process (WIP), completed units, and ending WIP.
For direct materials, both the beginning WIP (6,400) and completed units (63,300) are fully processed, so they are counted as equivalent units.
For conversion costs, the beginning WIP (6,400) is 50% complete, so 50% of those units (3,200) are counted as equivalent units. The completed units (63,300) are fully processed. The ending WIP (7,450) is 50% complete, resulting in 3,725 equivalent units.
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Firms that achieve a sustainable competitive advantage through their merchandise and service offerings, and through effective branding and positioning, are doing so usin
g what is known as a "value proposition." A value proposition is a promise to the customer of what they can expect from a company's products or services, and what sets them apart from the competition.
Companies that have a clear and compelling value proposition can effectively communicate the benefits of their offerings to customers, establish a strong brand identity, and ultimately, achieve a sustainable competitive advantage.
for example, a company that specializes in eco-friendly products may have a value proposition centered around sustainability and environmental responsibility. Another company may offer premium products at a premium price and position itself as a luxury brand with a value proposition focused on quality and exclusivity.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
A 15-year-old recently inherited a parcel of real estate and has decided to sell it. If the 15-year-old executes a deed conveying the property to a purchaser, such a conveyance would be
Answer:
Such a conveyance would be "Voidable".
Explanation:
It is indeed a descriptor traditionally used throughout particular regard of a service agreement that's also final and enforceable unless it has been managed to ignored or proclaimed void by such a term of the contract who's already straightforwardly exercised the means to eliminate treaty agreements. An invalid contract is a legally binding acceptance of the offer which may have been provided inapplicable for a series of regulatory justifications.true or false; tourism is a major component of the economy of san antonio.
True tourism is a major component of the economy of San Antonio.
What are Tourist centers in San Antonio.The tourist center in San Antonio are
Natural Bridge Caverns Six Flags Fiesta Texas Tower of the Americas San Antonio Visitor Center SeaWorld San Antonio The San Antonio Museum of ArtSan Antonio Missions National Historical ParkThe DoSeum (children's museum The Alamo San Antonio River WalkAll these listed above attracts tourist from within and other countries there by boosting the economy of San Antonio in Texas in United States and making it the 4th largest tourist industry in the states and creating more jobs for the locals or any US citizens
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Match each type of tax with an example of its use.
category 1:
Property Tax
Capitol gains tax
Personal income tax
category 2:
□ 1% charged on the value of a home.
□ 20% charged on wages earned.
□ 2% charged on profits from selling a house.
Answer:
Hmm What do you. mean?
Explanation:
kurt simmons has 80/180/20 auto insurance coverage. one evening, he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. damage to the parked car was $8,300, and damage to the store was $25,820. a. what amount will the insurance company pay for the damages?
The amount depends on the terms of his insurance policy and any legal or contractual obligations he may have
The numbers 80/180/20 refer to the liability coverage limits for the three different types of damages that can be caused by an auto accident, in thousands of dollars. The three types of damages are:
Bodily injury per personBodily injury per accidentProperty damage per accidentIn this case, the liability coverage limits for Kurt Simmons are:
$80,000 for bodily injury per person
$180,000 for bodily injury per accident
$20,000 for property damage per accident
The accident caused $8,300 in damage to the parked car and $25,820 in damage to the storefront, for a total of:
$8,300 + $25,820 = $34,120
Since Kurt Simmons is liable for the damages, the insurance company will pay up to the coverage limit for property damage per accident, which is $20,000. Therefore, the insurance company will pay:
$20,000
Since the damages exceed the coverage limit for property damage, Kurt Simmons may be personally responsible for paying the remaining amount of:
$34,120 - $20,000 = $14,120
This will depend on the terms of his insurance policy and any legal or contractual obligations he may have.
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What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?
Heidi thought she had done everything right to prepare for her math test. She had studied over the last week instead of waiting till the last minute. She got eight hours of sleep, woke up early, and ate a nutritious breakfast. She got to her seat in class early with the materials she would need for the test. However, as the teacher began handing out the test, she panicked.
What could help Heidi reduce her test anxiety?
use flash cards to study for the test
eat something sugary for energy
do visualization and deep breathing
see herself doing poorly on the test
Answer:
C. do visualization and deep breathing
Explanation:
Edge 2021
Deep breathing and visualization is regarded as a proven method for the purpose of relaxation from the panic situations, and this must be done by Heidi to reduce her anxiety.
What are panic situations?The situations that may bring anxiousness in the regular course of life for a person are regarded as panic situations. This may happen on important occasion in the respective lives of people.
To get relaxed from the anxiety of such situations, like the math test of Heidi in the given example, she must practice deep breaths and visualize whatever her preparations have been for the test.
Hence, option C; Heidi shall practice things like deep breathing and visualization to get out of the anxiety she got in the panic situations of her math test.
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A manufactoring company has been under pressure to increase profits again to produce it is what it is encouraged by the initial increase in revenue even though profits per item produced still total profits increase increase in production of the profit per item or decrease so much he made almost no extra profit from the increase in production is situation illustrates which concept?
A manufacturing company will face declining marginal returns when its profits decline as output rises. The idea of declining marginal return states that when inputs are added, returns grow until a firm reaches its maximum output.
Since production has already peaked, new inputs won't produce greater output.
As per the details provided in the question, Reduced profitability will be the effect of adding more inputs. A firm must pay for inputs. Due to stagnant output, increased costs are not translating into increased revenue. The manufacturing company was seeing lower earnings per item as a result of rising expenses despite stable income.
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jill is selling her property to carl. after they agreed upon a sale price they both signed the sales contract. carl is reviewing the disclosure form, which shows the septic system is in the process of being repaired. there is a waiver attached to the property due to the failed septic system. what options does carl have regarding the purchase of jill's property? select one: a. carl is allowed to back out of the contract and get his full deposit refunded b. carl is obligated by the sales contract to buy jill's property c. carl can ask to back out of the sales contract but he risks a breach and loss of his deposit d. carl will have to take the matter to court
Regarding the purchase of jill's property the correct answer is (C) - Carl can ask to back out of the sales contract but he risks a breach and loss of his deposit.
When purchasing a property, it is common for the seller to provide a disclosure form to the buyer. The disclosure form provides information about the condition of the property, including any repairs or maintenance that have been made or are in progress. In this case, the disclosure form shows that the septic system is in the process of being repaired and there is a waiver attached to the property due to the failed septic system.
After signing the sales contract, Carl has the option to back out of the contract if he discovers something about the property that he is not comfortable with. However, if he chooses to do so, he risks breaching the contract and losing his deposit. The terms of the sales contract will determine the amount of the deposit and the circumstances under which it can be forfeited.
If Carl believes that the information in the disclosure form was not provided in good faith or that Jill misrepresented the condition of the property, he may have grounds for legal action. However, in most cases, it is best to try to resolve any issues through negotiation or mediation before resorting to legal action..
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Does the amount of effort that you put into your courses increase or decrease the marginal cost of your education? Explain your answer. PLEASE HELP!
The amount of effort that you put into your courses increases the marginal
cost of your education.
Marginal cost refers to the incremental cost which is accrued as a result of
increase in goods and services.
In this scenario, amount of effort put into courses entails more time and
money spent from buying of books and other materials. This therefore
depicts an increase in the incremental and marginal cost.
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A person performs a cost-benefit analysis in order to:
A. calculate the expenses of multiple businesses competing in the
same market.
B. evaluate the possible positive and negative effects of different
economic decisions.
C. analyze economic data to reach general conclusions about a
country's economy.
D. determine the tax rates a business will pay depending on its
profits in a year.
o
Answer:
B. evaluate the possible positive and negative effects of different economic decisions.
Explanation:
Cost-benefit analysis (CBA) is used to examine and compare the cost associated with a project or task and the benefits derived from it.
Simply stated, cost-benefit analysis is a form of utilitarianism commonly used by individuals, business firms and government in the decision-making process, as all the cost incurred are determined and analyzed.
This ultimately implies that, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Cost-benefit analysis (CBA) sums the total cost associated with a project (activity) and compares this cost against the total benefits that would be generated. Thus, it helps in the decision-making process by comparing the net present value (NPV) of the cost of a particular project with the net present value (NPV) of its benefits.
Hence, a person performs a cost-benefit analysis in order to help him or her evaluate the possible positive and negative effects of different economic decisions with respect to an investment, project, activity, or programme.
fid the higest common factor of
21a²b and 49ab²
Answer:
7ab
Explanation:
21a²b = 7ab * 3b
49ab² = 7ab * 7b
The main purpose of all criticism is to _______.
a. encourage growth and improvement
b. discourage growth and improvement
c. showcase growth and improvement
d. downplay growth and improvement
Answer: I believe it is a.
Explanation:
Criticism is supposed to encourage growth and improvement because it is showing you what you did wrong so that you can correct your mistakes. Out of that comes the growth.
The main purpose of all criticism is to encourage growth and improvement. Thus, the correct answer is option A.
What is criticism?Criticism is the act of criticizing usually unfavorably. It is the art of evaluating or analyzing works of art or literature. It is an the expression of disapproval of someone or something based on perceived faults or mistakes.
Criticism provides us with a fresh perspective and alerts us to things we may have overlooked or never considered. Whether it's a peer review or a performance evaluation, constructive criticism and feedback can help you grow by shedding light and providing opportunities for improvement.
Criticism is especially useful at work because it demonstrates that your bosses and coworkers care about you and want you to succeed.
Therefore, criticism encourages growth and improvement.
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A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?
external
economic
governmental
internal
Answer:
Internal
Explanation:
The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.
Develop a business process with at least 15 steps and 2 notes. PLEASE HELPPPPP
A collection of stakeholders conduct a set of tasks or activities known as a business process in order to accomplish an organisational goal.
Explain steps for business process?The phases of the life cycle of a business process:
Specify your aims. What aims does the procedure pursue?Make a plan and a process map. What are the tactics required to accomplish the objectives?Establish goals and identify stakeholders: Determine the particular tasks that your teams and equipment must complete to carry out the plan.Check the procedure: To evaluate the procedure' effectiveness, run it on a modest scale. Any gaps should be noted and corrected.Apply the procedure: Start the procedure running in a real setting. Train and communicate with all parties as necessary.Follow the outcomes: Evaluate the procedure and look for trends. Keep track of the process history.If a process is successful in achieving the objectives set forth for it, repeat it for more processes.Know more about business process
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Everywhere Sports is a retail store supplying sporting equipment to community sports clubs. Information about the store’s operations is as follows:
■ October sales amounted to $400 000.
■ Sales are budgeted at $440 000 for November and $400 000 for December.
■ Receipts are expected to be 60 per cent in the month of sale and 38 per cent in the month following the sale. Two per cent of sales receipts are expected to be uncollectable.
■ Cost of sale is 60% of the sale price. All goods are purchased in the month of sale while payment is made in the month following the purchase.
■ Other monthly expenses paid in cash amount to $45 200.
■ Annual depreciation expense is $32 000.
By understanding these aspects of Everywhere Sports' operations, the company can assess its sales, cash flow, and profitability. These details are important for financial planning, budgeting, and decision-making processes to ensure the store's financial stability and success.
Based on the given information about Everywhere Sports' operations, we can explain the following:
Sales and Receipts:
In October, the sales amounted to $400,000.
For November, the budgeted sales are $440,000, and for December, the budgeted sales are $400,000.
Receipts are expected to be 60% in the month of sale, which means that 60% of the sales revenue is expected to be received in the same month the sales occur.
Additionally, 38% of the sales revenue is expected to be received in the month following the sale.
It is also mentioned that 2% of the sales receipts are expected to be uncollectible.
Cost of Sale:
The cost of sale is stated to be 60% of the sale price. This means that 60% of the sales revenue is attributed to the cost of acquiring the goods sold.
According to the information provided, all goods are purchased in the month of sale while payment is made in the month following the purchase.
Other Monthly Expenses:
There are other monthly expenses paid in cash, which amount to $45,200. These expenses are likely to include various operating costs such as rent, utilities, salaries, and other expenses necessary for the store's operations.
Annual Depreciation Expense:
Everywhere Sports incurs an annual depreciation expense of $32,000. Depreciation represents the allocation of the cost of the store's long-term assets over their useful lives. This expense reflects the wear and tear or obsolescence of the store's assets, such as equipment, fixtures, or buildings, over time.
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The financing activities section of the statement of cash flows includes cash flows associated with transactions involving ______.
The financing activities section of the statement of cash flows includes cash flows associated with transactions involving long-term financing and capital structure changes. This section provides information about how a company raises capital and repays its debts.
Here are some examples of transactions that would be included in the financing activities section:
1. Issuing long-term debt: When a company borrows money by issuing bonds or obtaining loans from financial institutions, the cash received from these activities is recorded in the financing activities section.
2. Repaying long-term debt: When a company makes principal payments on its outstanding loans or bonds, the cash outflows are reported in the financing activities section.
3. Issuing stock: If a company sells shares of its common or preferred stock to investors, the cash received from these stock issuances is reported as a cash inflow in the financing activities section.
4. Buying back stock: When a company repurchases its own shares from the market, the cash outflow is recorded in the financing activities section.
5. Paying dividends: Cash payments made to shareholders as dividends are reported as cash outflows in the financing activities section.
6. Changes in equity: Any other changes in a company's equity, such as issuing stock options or warrants, are also reported in the financing activities section.
It is important to note that the financing activities section only includes cash flows related to long-term financing and capital structure changes. Transactions related to day-to-day operations, such as revenue from sales or payments for expenses, are reported in the operating activities section.
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There are two basic areas of science:
and applied science.
A.mental
B.information
C.pure
Answer:
Basic science, such as understanding how cells work, is research aimed at understanding fundamental problems.
Applied science, such as the medical field, is the application of basic scientific knowledge to solve practical problems.
Applied science uses and applies information obtained through basic science.
Explanation:
So, option B is the correct
Information ℹ️
Personality traits that you might need to improve include:
disruptive
agreeable
empathetic
disrespectful
i think its b and c but im not sure
Answer:
b
Explanation:
being agreeable is positive trait, the others are not
Answer:
The only one that is a good one
Explanation:
What is viability factors researches the demand for products or services?
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.
Answer:
False
Explanation:
A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Generally, financial statements are issued to recipients on a monthly basis.
A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.
In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.
What is the purpose of a design brief?
One consequence for defaulting on a loan is having your transcript
withheld. How could this affect you as you graduate?
Answer:
Have your academic transcript withheld until your student debt is repaid You’ll also see your credit score impacted. Though there’s not a hard-and-fast number of points you’ll see your score drop by, Rod Griffin, director of consumer education at Experian, said the impact will be “major.”
Vindurem Incorporated has developed a software that would reduce the time taken by manufacturers to identify suppliers of raw materials and distributors of finished goods for a particular region. The company assigns its sales team to call on all potential customers that exist within a two-mile radius of the city's shipping port to market this new software. The company conducts this cold calling for a period of two days. This type of cold canvassing is called
Answer:
Business phone service
Explanation:
In simple words, Cold canvassing can be defined as the sales technique that involves contacting potential clients in the field with a sales pitch in order to generate new business. It's ideal for businesses like household contractors, who could find it simpler to contact new clients in person rather than through the telephone or over emails.
In the given case, telephone is used to aware target customers hence it is an example of business phone service.
1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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Marking best answer brainliest.
need asap.
Answer:
1) angel investor :an individual who provides money to support an idea or she......
2) bootstrapping :a metaphor that describes a process of raising your own......
3) business incubator :a place that provides the business support to help startup....
4) entrepreneur : an individual who takes the initiative to build his or her......
5) startup capital : the money necessary to launch a business.......
6) sweat equilty : the investment of work, effort, or talent instead......
7) venture capitalist: a person who provides funding to new ideas and start.....
Explanation:
credit card accountability, responsibility and disclosure, or credit card, act of 2009
The Credit Accountability Commitment and Accountability Act of 2009 is just a consumer protection law that was enacted to provide consumers with further protection from unfair activities by credit card issuers.
What purpose do consumer laws serve?Product safety laws are designed to shield customers against dishonest corporate tactics, subpar goods, and potentially harmful products and services. They are crucial to a stable market economy because they keep vendors honest and remove the possibility of unpleasant surprises.
What advantages does consumer protection offer?Markets function properly when consumers and corporations are both protected. Consumers must have access to reliable, unbiased news about the goods and services they choose to buy. They are capable of making the right decisions based on their objectives as a result, and firms cannot take advantage of them or deceive them.
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