if labor is abundant in south africa but capital is scarce, when south africa opens to trade the:
Answers
South Africa is likely to specialize in labor-intensive industries and export labor-intensive goods, while importing capital-intensive goods.
When South Africa opens to trade and faces a situation where labor is abundant but capital is scarce, the country is likely to benefit from international trade by specializing in industries that make efficient use of its abundant labor resources. This specialization is based on the principle of comparative advantage, which suggests that countries should produce and export goods that they can produce at a lower opportunity cost compared to other countries.
In this case, South Africa's comparative advantage lies in labor-intensive industries, where the country can utilize its abundant labor force more efficiently than other countries. Labor-intensive industries typically require a larger workforce relative to capital investments. By specializing in these industries, South Africa can increase its production and export of labor-intensive goods.
On the other hand, due to the scarcity of capital, South Africa may find it less efficient to produce capital-intensive goods domestically. Capital-intensive industries rely heavily on machinery, equipment, and technology, which require substantial capital investments. Since capital is limited in South Africa, it would be more cost-effective for the country to import capital-intensive goods from other countries that have a comparative advantage in producing them.
Opening up to trade allows South Africa to access a broader range of goods and services from the global market. By importing capital-intensive goods, South Africa can meet its domestic demand for such goods and benefit from the advanced technology and productivity gains associated with those goods. At the same time, exporting labor-intensive goods enables South Africa to generate income, create employment opportunities, and utilize its abundant labor resources more efficiently.
Overall, the opening of trade in a scenario where labor is abundant and capital is scarce in South Africa would likely result in the country specializing in labor-intensive industries and exporting labor-intensive goods while importing capital-intensive goods to meet domestic demand and benefit from international technology and productivity advancements.
The complete question is:
If labor is abundant in South Africa but capital is scarce, when South Africa opens to trade, the price of labor will _____ and the price of capital will _____.
a. rise; rise
b. fall; fall
c. rise; fall
d. fall; rise
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Related Questions
On January 1, 20X1, when its $30 par value common stock was selling for $80 per share, Gierach Corporation issued $10 million of 4% convertible debentures due in 10 years. The conversion option allowed the holder of each $1,000 bond to convert the bond into five shares of the company’s $30 par value common stock. Cash settlement upon conversion is not permitted. The debentures were issued for $10 million. Without the conversion feature, the bonds would have been issued for $8.5 million.
On January 1, 20X3, the company’s $30 par value common stock was split three for one. On January 1, 20X4, when the company’s $10 par value common stock was selling for $90 per share, holders of 40% of the convertible debentures exercised their conversion options.
Required:
1. Following U.S. GAAP, prepare a journal entry to record the original issuance of the convertible debentures.
2. How much interest expense would the company recognize on the convertible debentures in 20X1?
3. Prepare a journal entry to record the exercise of the conversion option using the book value method.
4. Prepare the entry to record the exercise of the conversion option using the market-value method.
Answers
2.Interest expense is $400,000.Rest 1,3,4 no. answers are mentioned below as those are journal entries.
1.Journal entry to record the original issuance of the convertible debentures:
Debit: Cash $10,000,000
Credit: Convertible Debentures Payable $10,000,000
2.Calculation of interest expense in 20X1:
Interest expense = Face value of debentures * Coupon rate
Interest expense = $10,000,000 * 4% = $400,000
3.Journal entry to record the exercise of the conversion option using the book value method:
Debit: Convertible Debentures Payable $800,000 [($10,000,000 * 40% * $1,000)]
Credit: Common Stock $240,000 [($30 * 5 * 40%)]
Credit: Additional Paid-in Capital $560,000 [(Market value - Par value) * 5 * 40%]
4.Journal entry to record the exercise of the conversion option using the market-value method:
Debit: Convertible Debentures Payable $800,000 [($10,000,000 * 40% * $1,000)]
Credit: Common Stock $2,400,000 [(5 * $90 * 40%)]
Credit: Additional Paid-in Capital $800,000 [(5 * ($90 - $30) * 40%)]
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according to mcclelland, workers who are happiest when working as part of a team may have a high need for:
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According to McClelland, workers who are happiest when working as part of a team may have a high need for affiliation. McClelland's theory of needs proposes that individuals have three primary needs: achievement, affiliation, and power.
McClelland's theory of needs proposes that individuals have three primary needs: achievement, affiliation, and power. The need for affiliation refers to the desire for social connections, relationships, and a sense of belonging. Individuals with a high need for affiliation derive satisfaction and happiness from being part of a group, collaborating with others, and experiencing positive interpersonal interactions. They thrive in team environments and value cooperation, collaboration, and supportive relationships with colleagues. These individuals often seek opportunities to work closely with others, contribute to team success, and foster a sense of camaraderie. Recognizing and understanding employees' needs for affiliation can help organizations create a work environment that promotes teamwork, collaboration, and a sense of belonging, leading to increased job satisfaction and engagement.
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Projects where management has a choice in implementing them are called _____ projects.
Answers
They are called non-discretionary project.
A discretionary project is one that needs a governmental entity to apply judgement or consideration in determining whether the project will be authorized or if a permit will be provided.
Non-discretionary projects are those that must be completed or funded by law, policy, health and safety, or court order. These are the steps you must take. For example, reacting to court orders or external proposals such as rights-of-way applications or drilling licenses.
Non-Discretionary Items are expenditures due by the Partnership for taxes, utilities, insurance, debt service, and costs, as well as other payments owed by the Partnership under contracts or agreements.
Therefore, the blank is to be filled by non-discretionary project.
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peter and blair recently reviewed their future retirement income and expense projections. they hope to retire in years and anticipate they will need funding for an additional years. they determined that they would have a retirement income of $ in today's dollars, but they would actually need $ in retirement income to meet all of their objectives. calculate the total amount that peter and blair must save if they wish to completely fund their income shortfall, assuming a percent inflation rate and a return of percent.
Answers
To completely fund their income shortfall for retirement, Peter and Blair need to calculate the total amount they must save. With a given inflation rate and return rate, the specific calculations can be made based on their retirement income projections.
To determine the total amount that Peter and Blair must save to completely fund their income shortfall, several factors need to be considered. First, the number of years until retirement and the additional years they anticipate needing funding should be known. Second, their projected retirement income in today's dollars and the desired retirement income must be specified. The total amount to save can be calculated by taking into account the effect of inflation and the desired return on investments. Assuming an inflation rate of x% and a return rate of y%, a future value calculation can be performed to determine the total amount needed to achieve their desired retirement income. By applying the inflation rate and return rate to the projected income shortfall, Peter and Blair can calculate the present value of the additional income needed. This present value represents the total amount they must save to ensure they have sufficient funds to meet their retirement objectives. It's important to note that the specific calculations will depend on the provided inflation rate, return rate, and the projected income shortfall. Accurate calculations require precise values for these variables, as well as consideration of other factors such as taxation and investment strategies.
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Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.
Should Gidgits Galore entice much sought-after employees with generous benefits?
no
yes
Answers
Answer:
Yes
Explanation:
Edge 2021
Answer:
YES edge 2023
Explanation:
which of the following are reported as assets on a bank's balance sheet? group of answer choices deposits with other banks cash items in the process of collection checkable deposits bank capital only a and b of the above
Answers
Deposits with other banks: This refers to the amount of money that a bank has deposited with other banks. It is reported as an asset on the bank's balance sheet. Cash items in the process of collection: This refers to checks that have been deposited in the bank but have not yet been collected.
It is reported as an asset on the bank's balance sheet. Checkable deposits: This refers to deposits that can be withdrawn by the account holder by writing a check, such as demand deposits or checking accounts. It is reported as an asset on the bank's balance sheet.Bank capital: This refers to the difference between a bank's assets and liabilities. It represents the bank's net worth or equity. It is reported as an item under the owner's equity section on the bank's balance sheet. Therefore, the correct answer is "only a and b of the above: deposits with other banks and cash items in the process of collection."
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A tool that has been __________defective will creates headache and irritation. *
2 points
A. Frequently
B. Once a year
C. Once a month
D. Seldom
Answers
Answer:
frequently
Explanation:
I think its frequently
23. Break-Even Point and Target Profit Measured in Units (Single Product).
Nellie Company has monthly fixed costs totaling $100,000 and variable costs of $20 per unit. Each unit of product is sold for $25.
Calculate the contribution margin per unit.
Find the break-even point in units.
How many units must be sold to earn a monthly profit of $40,000? Break-Even Point and Target Profit Measured in Sales Dollars (Single Product). Nellie Company has monthly fixed costs totaling $100,000 and variable costs of $20 per unit. Each unit of product is sold for $25 (these data are the same as the previous exercise)
1. Calculate the contribution margin ratio.
2. Find the break-even point in sales dollars.
3. What amount of sales dollars is required to earn a monthly profit of $60,000?
Answers
Contribution margin per unit = $25 - $20 = $5.
The contribution margin ratio is calculated as: Contribution margin ratio = (Contribution margin per unit / Sales price per unit) x 100% = ($5 / $25) x 100% = 20%.
Break-even point in units is calculated as:
Break-even point in units = Total fixed costs / Contribution margin per unit
= $100,000 / $5
= 20,000 units.
To earn a monthly profit of $40,000, the company needs to generate total contribution margin of:
Total contribution margin = Total fixed costs + Target profit
= $100,000 + $40,000
= $140,000.
The contribution margin per unit is $5, thus to generate total contribution margin of $140,000, the company must sell:
Units sold = Total contribution margin / Contribution margin per unit
= $140,000 / $5
= 28,000 units.
The contribution margin ratio has already been calculated in the first part as 20%.
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What is comprehensive auto insurance
Answers
Answer:Your comprehensive car insurance coverage, also known as other than collision coverage, can help pay the costs of damage to your car for non-accident related claims. ... This insurance helps cover damage up to your car's actual cash value minus any deductible amount
Explanation:
A couple are planning their honeymoon trip. They would prefer a place that is quiet and romantic with a lot of character. They also want it to be small, warm, and welcoming. What type of accommodations would be the best choice for the honeymooners' needs?
Answers
Based on the couple's preferences, a bed, and breakfast or a boutique hotel would be the best choice for their honeymoon trip.
These types of accommodations offer a quiet and romantic atmosphere with unique characters. They also tend to be smaller in size and provide a more personalized and welcoming experience for guests.
Additionally, they often offer amenities such as cozy fireplaces, luxurious bedding, and intimate dining options.
Choosing a location that is warm and sunny, such as a beachside bed and breakfast or a cozy inn nestled in a scenic mountain town, would further enhance the romantic and peaceful atmosphere for the honeymooners.
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An unplanned increase in inventories _______. A. occurs when real GDP exceeds aggregate planned expenditure, so firms decrease production and real GDP decreases B. occurs when real GDP exceeds aggregate planned expenditure, so firms increase production and real GDP increases C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases D. occurs when aggregate planned expenditure exceeds real GDP, so firms decrease production and real GDP decreases E. increases investment, which increases equilibrium expenditure and real GDP
Answers
Answer: C. occurs when aggregate planned expenditure exceeds real GDP, so firms increase production and real GDP increases
Explanation:
When the Aggregate expenditure which is also known as Aggregate demand, exceeds the real GDP, it means that there is more demand for goods in the economy than the economy has currently produced.
Producers would therefore increase their production level in order to meet up with the new demand and return to a level of inventory that they are comfortable with. This increased production was not planned so any inventory it yields is unplanned as well.
why is it important to protect profit motive in a mixed economy
Answers
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
Which of the following is TRUE regarding unexpected expenses?
They usually don’t affect your budget.
They usually don't affect your ability to pay bills.
They should not be included in your budget.
They should be planned for.
Answers
Answer:
They should be planned for.
Explanation:
Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.
The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.
Answer:
D. They should be planned for.
Explanation:
A child born today will see more than _____________ advertisements in their life.
Answers
Will, they would see 1 Million advertisements in their lifetime.
Ahkem is considering buying a new car. He has narrowed his choices down to two models. On a sheet of paper, he begins writing down the positive characteristics of each car and the negative characteristics of each car. He will be using this list to help guide his final decision. In this example, Ahkem is using __________. automatic thinking illogical thinking self-fulfilling thinking controlled thinking
Answers
Ahkem is using a controlled thinking when he wrote down the characteristics of each car to help guide his final decision.
What is a controlled thinking?A controlled thinking refers to a kind of thinking process that is slow and sequential which requires effortful attention.
Hence, the controlled thinking is used by him because It allows to reason effectively and come to general conclusion.
Therefore, the Option E is correct.
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Which describes an individual's net income? (1 point)
O all salaries
O all wages, salaries, and other earnings
O all wages and other earnings minus FICA
O all wages minus all taxes and deductions
Answers
The ideal decision is (b). The total of a person's wages, salaries, and other earnings is their net income.
Tell me about your net income.Net income for an individual is the amount that they really receive from their paycheck each month as opposed to the gross amount they are paid before payroll deductions. Your net income may be increased by other income sources like Social Security payments, side jobs, or investment income.
What is another name for net income?Sales are subtracted from cost of products sold, selling, general and administrative expenditures, operating expenses, depreciation, interest, taxes, and other expenses to arrive at net income (NI), also known as net earnings.
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Answer:
1. take-home pay
2. an IRS form used to determine how much federal tax to withhold
3. all wages minus all taxes and deductions
4. -retirement plan contribution
-health insurance
5. all wages, payments, and other earnings
Explanation: Took the test
would your observed reaction rates for the experiment have changed if you had doubled the volume (from 50ml to 100ml) of each solution used in the experiment? explain.
Answers
Yes, doubling the volume of each solution would likely result in a change in reaction rates.
The rate of a chemical reaction is defined as the rate of change in concentration of a reactant or product divided by its coefficient from the balanced equation.
Doubling the volume of each solution would likely result in a change in reaction rates. This is because an increase in the volume of the solution will increase the concentration of the reactants, meaning more molecules will be able to react with each other per unit of time, resulting in an increase in reaction rates.
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Kamal, Kamala, Krishna invert a sum of RS= 30,000 on a business in the ratio 2 : 3 : 5. Find the each of their investment.
Answers
Answer:
3000kamal
9000kamala
15000krishna
Explanation:
let the unknown investment be x
now
2x+3x+5x=30000
10x=30000x
x=30000/10
x=3000
again;
2x=2×3000=6000
3x=3×3000=9000
5x=5×3000=15000
wise it is correct
Answer:
Kamal
2×30000÷10 = 6000
Kamala
3×30000÷10= 9000
Krishna
5×30000÷ 10= 15000
Explanation:
Kamal _ RS = 6000
Kamala _RS =9000
Krishna _RS=1,5000
ordinary kriging method assume that
Answers
2. Castalia Co. has the following: earnings before income tax($675 K), discontinued operations loss ($100 K), gain on disposal of discontinued net assets ($150 K), tax rate (30%), common shares outstanding (250K), and preferred dividends declared ($50K). Both of the discontinued items are pre-tax. What is the amount of Tax Expense reported on the face of the income statement? 3. For #2, what is income from continuing operations? 4. For #2, what is the amount shown on the income statement for the discontinued operations (only)? 5. For #2, what is net income? 6. For #2, what is the reported EPS number (to the nearest penny) for income from continuing operations? 7. For #2, what is the reported EPS number for the disposal of the discontinued net assets ? 8. For #2, what is the reported EPS number (to the nearest penny) for net income?
Answers
Tax Expense 1. reported: $157,500, 2. Income from Continuing Operations: $517,500, 3. The amount for the Discontinued Operations (only): ($50,000), 4. Net Income: $467,500, 5. Reported EPS number: $1.87.
1 Tax Expense reported on the face of the income statement:Tax Expense = (Earnings before Income Tax - Discontinued Operations Loss + Gain on disposal of Discontinued Net Assets) * Tax Rate
Tax Expense = ($675,000 - $100,000 + $150,000) * 0.3 = $157,500
2 Income from Continuing Operations:Income from Continuing Operations = Earnings before Income Tax - Tax Expense
Income from Continuing Operations = $675,000 - $157,500 = $517,500
3 The amount shown on the income statement for the Discontinued Operations (only):Amount shown on the income statement for Discontinued Operations = Discontinued Operations Loss - Gain on disposal of Discontinued Net Assets
Amount shown on the income statement for Discontinued Operations = ($100,000) - $150,000 = ($50,000)
4 Net Income:Net Income = Income from Continuing Operations + Amount shown on the income statement for Discontinued Operations
Net Income = $517,500 - $50,000 = $467,500
5 Reported EPS number (to the nearest penny) for Income from Continuing Operations:Reported EPS = Income from Continuing Operations / Common Shares Outstanding
Reported EPS = $517,500 / 250,000
Reported EPS = $2.068.
Reported EPS number (to the nearest penny) for Net Income:
Reported EPS = Net Income / Common Shares Outstanding
Reported EPS = $467,500 / 250,000
Reported EPS = $1.87
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the u.s. government imposes a tax on automobiles imported from japan, south korea, and germany to help american automakers. this is best described as a(n) .
Answers
To support American automakers, the United States government levies a tax known as a revenue tariff on cars imported from Germany, South Korea, and Japan.
What is a tariff a tax imposed by a government on?A tariff is a tax that a government levies on imported goods and services in an effort to increase the cost of imports, lessen their appeal in contrast to domestic goods and services, or at the very least, lessen their competitiveness. Protection of domestic industry, trade balance, and revenue generation are the three main objectives of tariffs (punitive function). The idea that governments can levy taxes to generate revenue gives rise to the revenue function.
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a ____________ is the share of profits or percentage of sales a franchisee pays to a franchisor.
Answers
Royalty is the sales percentage or profit share that a franchisee pays to the franchisor.
What is the name given to the share of profits paid by a franchisee to a franchisor?
A franchise (or franchising) is a system of product or service distribution that involves a franchisor, who creates the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and frequently an upfront fee for the right to operate under the franchisor's name and system. The "franchise," though technically the agreement that binds the two parties, most frequently refers to the enterprise that the franchisee runs. The term "franchising" most frequently refers to the process of developing and disseminating a brand and franchise system.
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When I using DCF model to forecast company share price. But this company the revenue include(Realised fair valur movement for investment property and unrealised fair valur movement for investment property). Should I need to deduct the fair value or not?
Answers
In this case, you should not deduct the fair value movements for investment property from the company's revenue. These fair value movements are considered as part of the company's overall revenue, and should be included in the DCF model calculation.
The DCF model, or Discounted Cash Flow model, is a method of valuing a company's share price based on the present value of its expected future cash flows.
When using this model to forecast a company's share price, it is important to consider all sources of revenue, including the realised and unrealised fair value movements for investment property.
However, it is important to note that the realised and unrealised fair value movements may have different impacts on the company's share price. The realised fair value movements are actual gains or losses that the company has already experienced, while the unrealised fair value movements are potential gains or losses that may or may not be realised in the future. Therefore, it is important to consider both of these factors when using the DCF model to forecast the company's share price.
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Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.
Answers
Answer:
1. Are you advertising to a specific group of people/ Who is your target audience?
2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?
3. How would you justify your prices?
4. Is your idea viable in the current market?
5. How would you differentiate your goods and services from any other similar products in the industry?
These are just examples. Hope this helps!
Which are factors already present in the task, organization, or employees that diminish the need for various kinds of supervisory leadership behaviors?
Answers
Substitutes for leadership, that are already present in the task, organization, or employees diminish the need for various kinds of supervisory leadership behaviors.
What is the Substitution of leadership theory?The leadership theory known as "substitutes for leadership theory" was created by Steven Kerr and John M. Jermier and originally published in December 1978's Organizational Behavior and Human Performance.According to the hypothesis, several situational elements can improve, cancel out, or serve as a substitute for leader behaviors. It has drawn criticism for its flaws as a result of alleged methodological problems.The capacity of empirical research to predict secondary outcomes has yielded a range of results.
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which one of these represents the most basic level of international participation by a business entity? multiple choice question. importing and exporting goods and services operating a single retail store in a singe foreign country operating multiple facilities in various countries to spread risk producing a single product in a foreign-built facility
Answers
The simplest form of an organization's participation in the global market is running a single retail location in a single foreign nation business .
Making a living or producing revenue through the production, purchase, and sale of goods is referred to as doing business. Also covered is "any activity or enterprise undertaken for profit." The owner of the business is responsible and liable for any promises made by the business since the business entity cannot be legally distinguished from the owner by the use of a business name. In the event that a company accrues debt, creditors may seize the owner's personal property. Corporate tax rates are not allowed in a business setup. All business income is subject to personal taxation by the proprietor. The phrase is frequently used colloquially to describe a business-operating cooperative or corporation..
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Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.
Answers
Answer:
A reference group
Explanation:
What is the science that studies trends and changes in human populations?
A. Cohorts
B. Statistics
O c. Technology
D. Demography
Answers
Answer:
The answer to your question is D.
Demography is the statistical study of trends and changes in human populations. Thus, the correct option is D). Demography.
What is Demography?
Demography refers to the statistical study of human population. It includes the study of human populations and population changes and trends by using different resources such as statistics of births, deaths, income and disease.
Demography is the scientific study which is important to understand the structure of a population in order to plan health and public health interventions, to know how far the growth rate of the economy is keeping pace with the growth rate of population etc.
Demographers are those researchers who conduct demographic analysis by using census data, surveys, and statistical models to analyze the size, movement, and structure of populations.
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Beth borrowed $1,500 from the bank at 8 percent interest and will make interest-only
payments until the end of the year when she will pay off the entire amount. How much
will her last payment for the entire amount be?
Answers
The amount which will be paid by Beth as her last payment is; $1510
Interest and PrincipalAccording to the question;
Beth borrowed $1,500 from the bank at 8 percent interest.Hence, the total interest to be paid is;
Interest, I = (8/100) × $1500Interest, I = $120The interest is spread equally over 12 months of the year and hence, the amount to be paid each Month is; $120/12
Monthly interest payment = $10
Hence, at the end of the loan term, Beth's last payment will be;
Last payment = $10 + $1500 = $1510
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Data analytics tools and methods fall into the following categories—descriptive, predictive, prescriptive, andMultiple Choiceexplanatory.insightful.passive.expressive.active.What combines qualitative and quantitative research and analytics methods to address marketing problems?Multiple Choicemarketing metricmarketing analyticsdata warehousingdata miningmarketing analysis
Answers
To answer marketing issues, the marketing analysis integrates qualitative and quantitative research and analytics techniques. market trends, and competitor activity, data must be gathered from multiple sources and analysed.
Understanding client behaviour, spotting market trends, and assessing competition activity are just a few of the marketing issues that may be solved through the process of acquiring and analysing data from numerous sources. To give a complete picture of the market, this includes blending quantitative and qualitative research and analytics methodologies. Via surveys or focus groups, qualitative research gathers non-numerical data, such as consumer feedback. Compiling numerical data, such as sales numbers or website traffic statistics, is a necessary step in quantitative research. Next, in order to find trends, insights, and possibilities, these data are examined utilising analytics tools and techniques.
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