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3 years ago

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Yashari’s monthly take-home pay is $1850. What percentage of her paycheck will go toward student loans if she chooses standard r

epayment? Does that payment amount seem reasonable? Why or why not?

1 answer:

Y_Kistochka [10]3 years ago

4 0

$1850 was the amount they spent on standard payments

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During her presentation to a prospective customer,Lea informed him about the new wallboard's superiority.She also brought a samp

snow_lady [41]

Answer:

A, multiple-sense approach

Explanation:

Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.

By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.

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4 years ago

In three to four sentences, explain the effect of competition on the price of goods and services and whether or not this is a go

Ksivusya [100]

<span>Competition and the price of goods and services have a direct relationship. If there is more competition in a specific market then prices tend to lower; this is a good thing for consumers. For example; two companies are competing to sell more cell phones than their rival. If one company figures out a way to lower production costs and sales, the other will soon follow to keep up with the competition. </span>

5 0

3 years ago

Read 2 more answers

Lexington Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions ar

kobusy [5.1K]

Answer:

Lexington Company

The amount of total assets on Lexington's balance sheet at the end of Year 1 was:

$5,860

Explanation:

a) Data and Calculations:

Cash from issue of common stock = $3,200

Cash from bank loan = 2,300

Cash from revenue = 3,200

Cash for expenses = (2,420)

Cash for dividends paid = (420)

Total assets = $5,860

b) We can verify the total assets above by computing the liabilities and equity, which should be equal to the total assets according to the accounting equation. The liabilities = $2,300 (bank loan). The equity = common stock plus retained earnings ($3,200 + $3,200 - $2,420 - $420), which = $3,560. The total of liabilities and equity = $5,860 ($2,300 + $3,560). Therefore, assets = liabilities + equity ($5,860 = ($2,300 + $3,560).

7 0

3 years ago

You are offered a chance to buy an asset for $4500 that is expected to produce cash flows of $750 at the end of Year 1, $1000 at

Ghella [55]

Answer:

22.64%

Explanation:

Given that

Buyed value of an asset = $4,500

Projected cash flows

For year 1 = $750

For year 2 = $1,000

For year 3 = $850

For year 4 = $6,250

So, the rate of return i.e internal rate of return is

We assume the internal rate of return be X%

$4,500 = $750 ÷ (1.0x) + $1000 ÷ (1.0x)^2 +$850 ÷ (1.0x)^3 + $6,250 ÷ (1.0x)^4

After solving this, the rate of return is 22.64%

8 0

3 years ago

Beginners Run Ski Shop sells a pair of skis to Crystal. When Crystal first uses the skis, theysnap in two. The cause is somethin

enyata [817]

Answer:

b. the implied warranty of merchantability

Explanation:

Implied warranty of merchantability refers to an implied assurance, in every sales transaction that the seller's goods are safe and fit for intended purpose of usage.

It represents an unspoken guarantee on the part of the seller that his goods conform to the acceptable standards and properly packaged and labeled and abide by the promises conveyed on their label.

The motive behind such a warranty being, the seller must properly inspect and test the quality of his goods before releasing them or making them available for sale in the market.

In the given case, the seller sold skis to the customer which cracked into two upon usage. The seller isn't aware of the cause of the consequence. Thus, the seller breached the principle of implied warranty of merchantabilty as per which, it should've first checked and inspected the skis before making them available for sale.

3 0

3 years ago