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nexus9112 [7]
2 years ago
11

How are the costs of secured and unsecured loans different?

Business
1 answer:
Alecsey [184]2 years ago
7 0

Answer:

Because your assets can be seized if you don't pay off your secured loan, they are arguably riskier than unsecured loans. You're still paying interest on the loan based on your creditworthiness, and in some cases fees, when you take out a secured loan.

Explanation:

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The only variable input a janitorial service firm uses to clean offices is workers who are paid a​ wage, w, of ​$88 an hour. Eac
slamgirl [31]

Answer:

Answer : Average Marginal Cost, Marginal Cost = $2

The total cost per hour of the janitorial service firm = $32

Explanation:

The janitorial firm only uses labour as an input to clean offices and there are no fixed costs. This implies that the total cost is only the variable cost.

Each worker can clean 4 offices in an hour, therefore the output of each labour is 4units per office cleaned. The price/wages paid to each worker isb $8 per hour.

The total cost per hour of the janitorial service firm is $8x4 = $32 (wxq)

Now to clean one more office, the time required will be 15minuites, because each worker can clean 4 offices in an hour. To clean one more office , each worker will be paid $2($8/4)

The variable cost/total cost, average variable cost and the marginal cost of cleaning one more office will be

Variable cost =w.q = 2q

Average Variable Cost = VC/q = 2q/q = $2

sine the marginal cost also varies directly as the average marginal cost , the Marginal Cost is $2

3 0
3 years ago
When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being tr
torisob [31]

Answer:

C. the market price charged to outside customers, less costs saved by transferring internally.

Explanation:

Divisional manager performance is evaluated separately from one department to another. The Selling department need a minimum price equivalent to price the items fetch in<em> market transaction</em> to raise performance.

However <em>goal congruence </em>has to be met, therefore the price must exclude savings as a result of Internal transfer for the interest of the firm as a whole.

7 0
3 years ago
ethan worked as a salesperson for a pharmaceutical company. for the past year he missed every sales quota and stretch goal origi
drek231 [11]

The reason for a mutual agreement termination is option A: His boss wants Ethan to quit but decides to soften blow of the firing (as in a forced resignation).

The best way to let Ethan go that would prevent him from fully feeling the blow of being fired is to convince him to resign because he isn't doing what the company demands. To achieve mutual agreement for Ethan's job termination from the company, a forced resignation would be the best course of action in the scenario in question.

Employees believe that training is how the company is putting them in position for better opportunities. This promotes loyalty to the company and job satisfaction. To increase employee retention, training should emphasise the importance of the employee. Employees are interested in attending trainings and seminars to learn more.

To know more about resignation, refer to the following link:

brainly.com/question/28389408

#SPJ4

Complete question is:

Ethan worked as a salesperson for a pharmaceutical company. for the past year he missed every sales quota and stretch goal originally set at the beginning of the year. even though his boss worked with him and sent him to receive additional training, ethan improved only slightly. in addition, ethan was not a team player and often upset other employees. his boss has decided to let him go and is now considering what type of termination to use. Which of the following would be a reason for a mutual-agreement termination?

a.His boss wants Ethan to quit but decides to soften blow of the firing (as in a forced resignation)

b.The company is downsizing and has eliminated the employee's position

c.His boss fires him directly for failing to meet goals

d.Ethan think he can do better next year and wants another chance to increase his sales

3 0
1 year ago
A. Construct an amortization schedule for the $300,000 loan with a 2.2% interest rate compounded monthly. The loan will be paid
Gala2k [10]

Answer:

since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them

Explanation:

in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 153.1964438 = $1,958.27

we use the same formulas for the second question:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 246.54977 = $1,216.79

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
7 0
3 years ago
Jamison is self-employed and he works out of an office in his home. Jamison itemizes his deductions, and the sum of his itemized
Arte-miy333 [17]

Answer: c. Interest expense and property taxes, other expenses, depreciation expense.

Explanation:

In terms of deductibility, interest expenses such as mortgages take precedence along with taxes on property.

After this comes other expenses starting first with direct expenses incurred in providing Jamison's services then there will be other expenses such as insurance, periodic repairs and admin expenses.

At the bottom of the hierarchy is depreciation expense which is the last expense that can be deducted

6 0
2 years ago
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