Answer:
the final cost will be 167.50
Based on the information the customer's final cost is $318.
First step is to calculate the different in price of refrigerator
Difference=$369-$335
Difference=$34
Second step is to calculate the discount
Discount=$34×150%
Discount=$51
Third step is to calculate the final cost
Final cost=$369-$51
Final cost=$318
Inconclusion the customer's final cost is $318.
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Perform online research and find a house you would like to own. Calculate the cost of utilities, services, maintenance, and insurance to buy the home.
(Answers may vary.)
I found an apartment in Chicago that I would like to rent. The monthly rent is $900, but there are other fees for me to consider as a renter. Utilities (electric, water, cable, internet access, etc.) cost $300 a month. Building services, including parking and access to the gym, cost $50 a month. Maintenance fees for the building are $25 a month. Renter’s insurance is $12. The cost of living independently in this Chicago apartment is $1,287 a month.
Explanation: edmentum sample answer
Which of the following best defines money?
Just a multiple choice finance question for school.
Choose 1 answer:
A
Cash held in bank vaults
B
Currency that has intrinsic value, such as gold coins
C
Paper currency or coins
D
Any asset that is accepted as a way of paying for something
E
Paper currency or coins that are backed in value by gold
Answer:
B and C, D
Explanation:
Hockley Brewing has produced a new craft lager beer that will be branded Hockley Classic Lager. The market for craft beer is about $20 million retail per year and the average retail price across all craft beer producers is $2. 50. The following information applies to Hockley’s new craft lager beer.
Factory production costs $1. 05 / can (Variable Cost)
Beer ingredients $0. 35 / can (Variable Cost)
Packaging $0. 20 / can (Variable Cost)
Advertising and promotion $60,000 (Fixed Cost)
Channel listing fees $30,000 (Fixed Cost)
Hockley’s wholesale price to retailers $2. 40 / can (Variable Cost)
(Hockley’s) manufacturer’s suggested retail price $2. 55 / can (Variable Cost)
a. What is Hockley’s unit contribution (measured in $ per can) and contribution margin (measured in percentage)?
b. What is the break-even point in cans? in dollars?
c. What is the necessary sales volume in cans to achieve a $150,000 (target) profit?
d. What will Hockley’s net profit be if 100,000 cans of the new lager are sold?
e. What will Hockley’s market share of craft beer be if they sell 100,000 cans?
f. Their largest competitor is Mill Street Brewery whose Original Organic Lager has 2. 5% market share of the craft beer market. Given Hockley’s market share calculated in part (e), what will Hockley’s relative market share (RMS) be for their Classic Lager?
g. The craft beer market is growing at 10% annually, higher than any other type of beer. With the RMS for Hockley Classic Lager calculated in part
(f), at the end of their first year, where in Hockley’s portfolio will Classic Lager be positioned and what recommendation would follow?
h. Calculate the price elasticity of demand if they raise the MSRP from $2. 55 to $2. 75 and demand falls from 100,000 cans to 95,000 cans. Is demand for this product price elastic or inelastic?
Hockley's unit contribution is $0.50 per can with a contribution margin of 19.6%. The break-even point is 180,000 cans or $432,000, and a sales volume of 480,000 cans is needed to achieve a target profit of $150,000.
a. Hockley's unit contribution is $0.50 per can ($2.55 - $2.05), and the contribution margin is 19.6% (($0.50 / $2.55) x 100).
b. The break-even point in cans can be calculated by dividing the total fixed costs ($60,000 + $30,000) by the contribution per can ($0.50). The break-even point is 180,000 cans. In dollars, the break-even point is $432,000 (180,000 cans x $2.40).
c. To achieve a target profit of $150,000, we need to calculate the necessary sales volume in cans. The formula is (Total Fixed Costs + Target Profit) / Contribution per can. Using the given numbers, the necessary sales volume is 480,000 cans.
d. If 100,000 cans of the new lager are sold, the net profit can be calculated as (Unit contribution x Sales volume) - Total Fixed Costs. With the given numbers, the net profit would be $10,000.
e. If Hockley sells 100,000 cans, their market share of craft beer can be calculated as (Sales volume / Total market size) x 100%. With a $20 million market size, their market share would be 0.5%.
f. Hockley's relative market share (RMS) for their Classic Lager can be calculated by dividing their market share by Mill Street Brewery's market share and multiplying by 100. With Hockley's market share of 0.5% and Mill Street Brewery's market share of 2.5%, Hockley's RMS would be 20%.
g. With an RMS of 20% for their Classic Lager, Hockley would be positioned as a significant player in the craft beer market. The recommendation would be to continue investing in and promoting the Classic Lager to further increase its market share.
h. The price elasticity of demand can be calculated using the formula: Percentage change in quantity demanded / Percentage change in price. In this case, the percentage change in quantity demanded is ((100,000 - 95,000) / 100,000) x 100% = 5%, and the percentage change in price is (($2.75 - $2.55) / $2.55) x 100% = 7.8%. Therefore, the price elasticity of demand is 0.64 (5% / 7.8%). With a price elasticity of less than 1, demand for this product is price inelastic, meaning that a price increase led to a proportionally smaller decrease in quantity demanded.
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1. What are credit cards? Why do people use them?
2. What is interest? How does interest affect credit card purchases?
3. What are the benefits of using a credit card? What are the drawbacks of using a credit card?
4. In the case files section, four people pay a different price for the same digital music player? Why do the prices they paid differ? Explain the factors that affected each person’s ultimate cost for the music play.
5. Which of the individuals made the best use of their credit card? Which made the worst? Why?
6. What should you look for when choosing a credit card?
7. What is a “grace period”? How can it help you manage a credit card wisely?
8. What are three strategies that you can use to use credit cards wisely?
Credit card is used to borrow cash when needed on some interest rate.
What are credit cards? Why do people use them?Credit cards are the type of cards that allow you to earn cash or other rewards for those things you buy daily. People use them because of the rewards as well as due to valuable budgeting tools.
What is interest? How does interest affect credit card purchases?Interest is the price you pay to borrow money from a person or bank. Interest affects credit card purchases because low interest rate is good for the people so people purchase it more.
What are the benefits and drawbacks of using a credit card?The benefits of credit card is that they're a great way to build credit. It is more secure than cash. It gives rewards Points while on the other hand, the drawbacks of credit card is high cost of borrowing and too many Credit Cards can damage your credit.
So we can conclude that credit card is used to borrow cash when needed on some interest rate.
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Describe the difference between Account Providers (AP) and regulated Third-Party Providers (TPP) in the Open Banking context. Briefly explain how each group could economically benefit from the introduction of Open Banking API standards.
Account Providers (AP) and regulated Third-Party Providers (TPP) differ in their roles and responsibilities within the Open Banking context. APs are the financial institutions that hold customer accounts, such as banks, while regulated TPPs are authorized entities that offer services using customer account data.
APs, as the account holders, benefit from the introduction of Open Banking API standards by gaining increased competition and innovation. They can leverage the APIs to offer new and improved services to their customers, enhancing their value proposition. With standardized APIs, APs can seamlessly connect with TPPs and expand their service offerings, attracting new customers and retaining existing ones.
Open Banking enables APs to tap into a broader ecosystem and collaborate with fintech companies, driving revenue growth and customer satisfaction.
On the other hand, regulated TPPs benefit from Open Banking API standards by gaining access to customer account data, with the customer's explicit consent. This allows TPPs to develop innovative financial products and services that leverage customer banking information.
By utilizing standardized APIs, regulated TPPs can securely access account data, enabling them to offer personalized financial solutions, such as budgeting tools, payment services, and lending platforms. This access to real-time account information empowers TPPs to create value-added offerings, attracting customers and generating revenue.
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Spring Corp, has two divisions, Daffodil and Tulip Daffodil produces a gadget that Tulip could use in its production. Tulip currently purchases 200,000 gadgets for $14.50 on the open market. Daffodil's variable costs are $8.00 per widget while the full cost is $12.35. Daffodil sells gadgets for $15 each. If Daffodil is operating at capacity, what would be the maximum transfer price Tulip would pay internally?
The transfer price that Tulip would pay internally if Daffodil is operating at capacity would be $14.50.What is a transfer price?The transfer price is the internal cost assigned to goods and services that are exchanged between a company's divisions. It's the price at which goods or services are moved between different company divisions or departments. As a result, it's referred to as an internal market price.
What is Daffodil's cost of production per unit?Variable costs: $8.00Full cost: $12.35Since Daffodil produces the gadget that Tulip could use in its production, the maximum transfer price that Tulip would pay internally is determined by the cost of producing the gadget, which is $12.35 per unit. But we need to make sure that the transfer price is lower than the market price, which is $14.50 per unit. As a result, the transfer price that Tulip would pay internally if Daffodil is operating at capacity would be $14.50. The transfer price should be lower than the open market price to be acceptable to the buying division. This is because the transfer price serves as a cost to the buying division and revenue to the selling division.
Therefore, Daffodil would charge Tulip $14.50 or less for each gadget to be used in its production since its full cost of production is $12.35, and the gadget can be bought on the open market for $14.50.
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s is a life insruance policyowner and enters into a written agreement to receive immediate cash in exhage
S, a life insurance policyholder, signs a formal agreement to sell and transfer her life insurance policy in exchange for instant cash. A Viatical Settlement is the name given to this arrangement.
A contractual settlement is a written agreement to give a life insurance policy holder instant cash in exchange for the sale and transfer of a life insurance policy. A contract between an insurance policy holder and an insurance company in which the insurer agrees to pay a quantity of money in exchange for a premium upon the demise of an insured person or after a specific amount of time is known as life insurance.
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The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price is $10. When does the trader make a profit? A. When the stock price is below $60 B. When the stock price is below $64 C. When the stock price is below $54 D. When the stock price is below $50
The trader makes a profit when the stock price is below (C) $54.
To explain this, let's break down the information given:
- Stock price: $64
- Trader buys 1 put option contract with a strike price of $60
- Option price: $10
A put option contract gives the trader the right to sell the stock at the strike price. In this case, the trader can sell the stock at $60.
However, they paid $10 for the put option, so they need the stock price to be below $60 minus the option price ($10) to make a profit.
Therefore, the trader makes a profit when the stock price is below $54 (Option C).
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What are marketing information systems?
Answer:
A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions
True or False: Those with master's degrees have the highest earning potential.
Answer:
I believe True but sorry if I'm incorrect.
Explanation:
Answer:
True
Explanation:
To be sure, earning a master's degree has historically been tied to higher earnings. According to the Bureau of Labor Statistics, those with just a high school degree earn $746 per week on average while college graduates earn closer to 1,248 per week, and workers with master's degrees earn nearly $1,500 per week.
the following was extracted from roosevelt manufacturing company. Direct materials purchased 80,000 Direct materials used 76,000 10,000 Direct manufacturing labor costs Indirect manufacturing labor costs Sales salaries 12,000 14.000 22,000 Other plant expenses Selling and administrative expenses 20,000. What was the cost of goods manufactured? a. $124.000 b.. S154,000 c. $120.000 d. SI70,000
The cost of goods manufactured for Roosevelt Manufacturing Company is $120,000. Therefore, the correct answer is option C.
The cost of goods manufactured represents the total cost incurred in the production of goods that are ready for sale during a particular period. It is calculated by adding up all the costs incurred in the manufacturing process, including direct materials used, direct manufacturing labor costs, and manufacturing overhead costs.
To calculate the cost of goods manufactured for Roosevelt Manufacturing Company, we need to add up the direct materials used, direct manufacturing labor costs, and manufacturing overhead costs, including indirect labor and other plant expenses.
We have the following information,
Direct materials used = $76,000
Direct manufacturing labor costs = $10,000
Indirect manufacturing labor costs = $14,000
Other plant expenses = $20,000
Therefore, the total manufacturing cost is $76,000 + $10,000 + $14,000 + $20,000 = $120,000.
To determine the cost of goods manufactured, we need to add the beginning work in process inventory to the manufacturing cost and subtract the ending work in process inventory. However, we are not provided with information about work in process inventory, so we can assume it to be zero. Therefore, the correct option is C ($120,000).
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Getting money to start and run a business is referred to as obtaining
OA. Collateral
OB. Business
OC. Costs
OD. Financing
Answer:
C bc process of elimination
Explanation:
Consumer surplus is the difference between the maximum price a consumer is willing to pay:_____.
Consumer surplus is the difference between the maximum price a consumer is willing to pay the actual price they pay for the goods, or the market price. When customers pay less for a good or service than they would be willing to, this is known as a consumer surplus. According to each person's preferences, a good or service's utility differs from person to person.
The economic concept of marginal utility, which is the additional enjoyment a customer receives from purchasing one more unit of an item or service, serves as the foundation for consumer surplus. Consumer surplus always rises as a good's price falls and falls as a good's price rises.
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Using credit has not always been a socially accepted practice, but it has become...Normal in American cultureA practice used by the wealthyLess acceptableNecessary for life in America
The earliest and most frequent structure of savings had been loans from nearby shopkeepers. That's right, hardworking Americans ran tabs to buy groceries, furniture, farm equipment and the like when times were tight. It's additionally a frequent myth that borrowing was unheard of at some stage in these days.
Why is your deposit rating not a good indicator of how properly you take care of money quizlet?FICO rating does now not measure how wealthy anybody is or how nicely you manipulate your money. It only shows how correct you are at making repayments on your debt. List three approaches the credit score card enterprise makes money off of customers.
The professionals of credit score cards range from convenience and credit constructing to 0% financing, rewards and less costly currency conversion. The cons of credit score playing cards include the potential to overspend easily, which leads to pricey debt if you do not pay in full, as properly as credit rating harm if you pass over payments.
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https://brainly.com/question/30237003#SPJ4When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and how much consumers are willing to pay for it
Hi, you've asked an incomplete question. However, I provided some explanations on distribution channels.
Explanation:
Interestingly, the term distribution channel is one often used in businesses today to refer to the various routes or intermediaries their goods or services passes through before it gets to the end-user or buyer.
Today the popular distribution channels among businesses include:
retailers,wholesalers,distributors, the Internet.Among the various options, the internet has been attributed by some big businesses to be most instrumental in their distribution process.
Financial information is important to entrepreneurs because it pulls together all the information presented in other segments of the business and: a. it quantifies all the assumptions concerning business operations. b. it answers all questions about the business and the entrepreneur. c. it justifies long term commitment to the business. d. it predicts the competitive environment in which the business operates
Answer:
c
Explanation:
toddler received $9,900 of initial payments on september 1, year 1, and $3,240 of monthly fees during the period september 1 through december 31, year 1. in its december 31, year 1 balance sheet, what amount should toddler report as deferred revenues?
The amount that toddler should report as deferred revenues is $9,900.
What is a deferred revenue?Advance payments a business receives for goods or services that will be provided or carried out in the future are referred to as deferred revenue, also known as unearned income. The corporation that receives the prepayment adds the sum to its balance sheet as a liability known as deferred revenue. Because it shows money that hasn't been generated and represents goods or services that are owing to a client, deferred revenue is a liability. It is proportionally recorded as revenue on the income statement as the good or service is supplied over time. A corporation that gets an advance payment records deferred revenue as a liability on its balance sheet. This is so that it can fulfill its duty to the consumer for the goods or services that are owed.
Amount= ($500 × 15) + ($200 x 12) = $9,900
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what are the common barriers to entry that entrepreneurs might experience in business operations?
Answer:
Common barriers to entry include special tax benefits to existing firms, patent protections, strong brand identity, customer loyalty, and high customer switching costs. Other barriers include the need for new companies to obtain licenses or regulatory clearance before operation.
Explanation:
the note is due in equal annual payments of principle and interest.what is the interest expense for the year ending december 31, 20x1?
The interest expense for the year ending December 31, 20x1, would depend on the specific details of the note, such as the interest rate, principal amount, and payment schedule.
To determine the interest expense for the year ending December 31, 20x1, we need more information about the note, particularly the interest rate, principal amount, and payment schedule. The interest expense is calculated based on the outstanding principal balance and the interest rate applied.
If we have these details, we can calculate the interest expense by multiplying the outstanding principal balance by the interest rate. For example, if the outstanding principal balance is $10,000 and the interest rate is 5%, the interest expense for the year would be $500 (10,000 x 0.05).
However, without the specific details of the note, it is not possible to provide an accurate answer to the question. The interest expense would vary depending on the terms of the note, such as the interest rate and payment schedule.
To calculate the interest expense accurately, it is important to consider the specifics of the note. The interest rate may be fixed or variable, and the payment schedule could be monthly, quarterly, or annual. Each payment would include both principal and interest, with the interest portion gradually decreasing as the principal balance is paid off.
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tools - machinery - and infrastructure are classified under the resource category of
Tools, machinery, and infrastructure fall under the resource category in various industries and sectors. They are essential assets that enable the production, development, and maintenance of goods and services.
Tools, machinery, and infrastructure are vital resources that support economic activities across different sectors. In manufacturing, tools and machinery encompass a wide range of equipment, from hand tools to complex industrial machines, used in production processes. They play a crucial role in enhancing efficiency, precision, and output levels. Infrastructure refers to the physical structures and systems necessary for the functioning of a society, including transportation networks, power grids, communication systems, and buildings.
It provides the framework for economic activities by facilitating the movement of goods, services, and people. Well-developed infrastructure enables businesses to operate smoothly, connect with markets, and reach customers efficiently. Overall, tools, machinery, and infrastructure are key resources that contribute to economic growth, productivity, and development in various industries.
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Olde ple designs and manufactures shoes Olde ple can select only one of two protsenth of which wow Depending on the state of the economy, nach project has different throws Project Casual shoes Formal shoes Weak Economy 200,000 800,000 Strong Economy 1.600.000 1.400,000 The probability of a weak economy is 45% and a strong economy in 65%. The firm needs to raise 600.000 cott toner om next year Calculate the total firm wealth for both projects in both scenarios. If Olde ple's managers wish to maximize the total wealth of the who they invest in? Calculate the wealth available to shareholders for both projects in both scenarios. It Olde ple's managers wish to maximize shareholder en which proact should they invest in? mark it.
To calculate the total firm wealth and wealth available to shareholders for both projects in both scenarios, we can multiply the profits of each project by their respective probabilities.
Let's calculate the total firm wealth: For Project Formal shoes: Weak Economy: 800,000 * 0.45 = 360,000 Strong Economy: 1,400,000 * 0.65 = 910,000 Now, let's calculate the wealth available to shareholders: Assuming the cost of capital is 600,000: For Project Casual shoes: Weak Economy: 90,000 - 600,000 = -510,000 (Loss) Strong Economy: 1,040,000 - 600,000 = 440,000 To maximize total firm wealth, Olde Ple should invest in the project with the highest total firm wealth. In this case, it would be Project Formal shoes, which has a higher total firm wealth in both scenarios. To maximize shareholder wealth, Olde Ple should invest in the project that provides a positive wealth available to shareholders. In this case, it would be Project Formal shoes in the strong economy scenario, which has a wealth available to shareholders of 310,000.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Gerald has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid, which is the highest level of leadership Gerald has reached so far
Answer:
Level 4
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION;
Level 5
Level 4
Level 3
Level 2
From the question, we are informed about Gerald who has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid. In whichever his case , the highest level of leadership Gerald has reached so far is Level 4
M anagement pyramid can be regarded as skills set which is deviced in describing the features of managers and employee to further their careers.
The employment pyramid model is one that gives illustration of descending hierarchy of pyramid having the CEO at the top of the level, followed by presidents at the second level followed by vice presidents, then on fourth level there is middle management followed by team leaders and supervisors that dominate the fifth level then the entry-level employees.
the credit crisis caused major problems in the mortgage market but had no impact on the stock market. a. true b. false
False. The credit crisis did not only cause major problems in the mortgage market but it also had a significant impact on the stock market. The crisis started with the subprime mortgage market, where lenders were offering mortgages to individuals with poor credit histories.
These loans were packaged into mortgage-backed securities and sold to investors, including banks and other financial institutions. When the borrowers started defaulting on their loans, the value of these securities plummeted, causing huge losses for investors.
The banks and other financial institutions that held these securities were also heavily invested in the stock market. As the crisis intensified, they had to sell off their stock holdings to raise capital, leading to a decline in stock prices. Moreover, the uncertainty surrounding the crisis led to a general loss of confidence in the financial markets, causing investors to sell off their stocks and other investments.
The crisis also had a ripple effect on other industries, leading to a recession that affected the global economy. As businesses struggled to survive, they had to lay off workers, leading to high levels of unemployment and reduced consumer spending. This, in turn, further affected the stock market and other financial markets.
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Which of the following statements is a judger statement rather than a learner statement?
A. How much do you estimate this will cost?
B. How long do you think it will take to implement this new program?
C. What other companies have tried this type of sales campaign?
D. What do the studies indicate the environmental impact will be?
E. Aren't you interested in trying new techniques?
E. Aren't you interested in trying new techniques? A judger statement rather than a learner statement is 'Aren't you interested in trying new techniques?'
A judger statement is a statement that implies a closed-minded or fixed position. Option E, "Aren't you interested in trying new techniques?" is a judger statement as it implies that the person being addressed is not interested in trying new techniques. On the other hand, a learner statement is a statement that implies an open-minded or learning position.
Options A, B, C, and D are learner statements as they seek information or opinions without implying a fixed position. It's important to avoid judger statements in communication as they can hinder productive conversations and lead to misunderstandings. Instead, try to use learner statements to foster a collaborative learning environment.
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One of the reasons for the application of risk management techniques is to increase
a. the probability of project success
b. the probability of project control insurance
c. the probability of identifying all the possible risk mitigation strategies.
d. the probability of simultaneously identifying project scope, objectives, and limitations.
Risk management techniques are applied to increase the probability of project success.
Risk management techniques are essential for project management because they provide a systematic approach to identifying, assessing, and mitigating potential risks that may impact the project's success. By implementing these techniques, organizations can minimize the negative impact of risks and increase the likelihood of achieving project objectives.
Firstly, risk management techniques help in identifying and assessing potential risks that may arise during the course of a project. This involves a comprehensive analysis of both internal and external factors that could pose threats to the project's success. By proactively identifying risks, project managers can develop contingency plans and allocate resources accordingly, reducing the chances of unforeseen setbacks.
Secondly, risk management techniques enable project managers to prioritize risks based on their potential impact and likelihood of occurrence. By understanding the severity of each risk, project managers can allocate resources effectively to address the most critical risks first. This targeted approach enhances the project's ability to maintain control and minimize disruptions, ultimately increasing the probability of success.
Lastly, risk management techniques facilitate the development of risk mitigation strategies. Once risks are identified and assessed, project managers can devise appropriate strategies to mitigate their impact. This may involve implementing preventive measures, establishing backup plans, or allocating additional resources to address potential risks. By having a comprehensive set of risk mitigation strategies in place, the project team can respond effectively to challenges, ensuring project objectives are met.
In conclusion, the application of risk management techniques increases the probability of project success by enabling proactive risk identification, prioritization, and the development of effective mitigation strategies. By managing risks effectively, organizations can enhance project control and increase the likelihood of achieving project scope, objectives, and limitations.
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APR, a rate advertised by ___ is typically ___ than APY
A) lenders; higher
B) borrowers; higher
C) borrowers; lower
D) lenders; lower
answer: D
APR, a rate advertised by lenders is typically lower than APY. The correct answer is D.
What is APR?APR is an acronym for annual percentage rate, it is considered as a cost of borrowing money which is calculated on a percentage that any individual pay each year on their loan. It does not only include the rate of interest but also the fees you must pay to obtain the loan.
APY is an acronym for annual percentage yield, which is considered the actual rate of return on the investment after considering the effect of investment returns.
APR is a rate advertised by lenders that is typically lower than APY as the cost of overall borrowing is lower, and the accounts of APR are also lower. If the difference between APR and APY is higher, the frequency with which interest compounds also increases.
Therefore, option D lenders and lower is the appropriate answer.
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jumbo industrial supply has grown from a one-location firm with a restricted product line to a multi-state organization with numerous product lines and a large sales staff. sales have doubled every year for the last three years. it currently has a simple structure with jared smith, the owner-manager, making all major decisions. jumbo is probably now experiencing or will soon experience:
Jumbo Industrial Supply is experiencing significant growth, with sales doubling every year for the past three years. As a result of this growth, the firm has gone from being restricted to a single product line and one location to a multi-state organization with a wide range of products and a large sales staff.
With this kind of rapid expansion, Jumbo is likely to encounter a number of challenges. One of the biggest is the need to move away from a simple structure where Jared Smith makes all major decisions. As the company continues to grow, it will need to implement more complex decision-making processes that involve input from a range of stakeholders. Additionally, Jumbo may find that it needs to become more specialized in order to effectively manage its multiple product lines and sales staff.
This could involve restructuring the organization, hiring new personnel, and investing in new technology and infrastructure. Overall, Jumbo's success in managing its growth will depend on its ability to adapt to these changing circumstances and continue to innovate and expand.
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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?
Answer:
Price of stock = $74.636
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity
Present value of dividend from year 1 to 8
The PV of the growing annuity = A/r-g) ( 1- (1+g)/(1+r)^n )
A- dividend payable now , r- required of return, g-growth rate, number of years
PV = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605
PV of Dividend from year 9 and beyond:
P = D× g/(r-g)
This will be done in two steps:
Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250
Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030
Price of stock = 17.60 + 57.030= 74.63
Price of stock = $74.636
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Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan’s lifetime income?
Alan’s lifetime income is his employee benefits, like health insurance.
Alan’s lifetime income includes his salary and retirement benefits.
Alan’s lifetime income includes both his career outlook and his career environment.
Alan’s lifetime income is both his college classes and his vocational training.
Answer:
Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan's lifetime income? Alan's lifetime income is his employee benefits, like health insurance.
Answer:
Alan’s lifetime income includes his salary and retirement benefits.
Explanation: