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Vinvika [58]
3 years ago
9

2. Which of the following statements about interest is true? a. Interest is a one-time fee that you pay for lending money. b. In

terest is expressed as a percentage of the amount you are borrowing. c. Because interest rates tend to be small numbers, they typically don't have much effect on the price of the goods you're purchasing. d. Interest is a penalty that you pay when you don't pay your bills on time.
Business
1 answer:
mel-nik [20]3 years ago
5 0

the answer is B. Interest is expressed as a percentage of the amount you are borrowing.

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When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by?
schepotkina [342]

When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

<h3>What is Net operating income?</h3>
  • Net income in business and accounting is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period..

  • Net Operating Income, or NOI for short, exists a formula those in real estate use to quickly calculate the profitability of a particular investment. After deducting essential operational costs, NOI calculates the revenue and profitability of investment real estate property.

  • By deducting all annual expenses from income, the NOI formula determines how profitable a potential investment property is over the course of a single year.

  • After all costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses.

  • Net income, on the other hand, represents the profit remaining after all costs incurred in the period have been subtracted from revenue generated from sales.

Hence,  When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

To learn more about Net operating income refer to:

brainly.com/question/15834358

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2 years ago
Which employee in the Business, Management, and Administration career cluster would most likely work in a cubicle?
Makovka662 [10]
An accountant would most likely work in a cubicle
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3 years ago
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Marla, a bookkeeper, would like to work at home in order to be with her young children. But before setting up her home-based boo
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The best thing that Marla should do in this type of problem is letter d, investigate the market. It is because in doing business especially to the field that she is going to take on, it is best to assess and evaluate the decision and the outcome of it. It is best to make sure if she could benefit from it and could be a potential as she runs the business.
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Match the financial institutions with the features.
tensa zangetsu [6.8K]

Answer:

Commercial Bank > Offers checking accounts

Financial service company > Offers high-risk loans

Savings and loan association > Provides home mortgages

Credit union > Is owned by its members

Explanation:

1. Commercial Bank > Offers checking accounts

Commercial bank is a financial organization which accepts deposits, offers varieties of products including checking accounts, and provides loans to the public and enterprises.

2. Financial service company > Offers high-risk loans

When a company looks to develop economic growth through the use of money supply from the savings accounts of people, and offers risky loans, that company is said to be a financial service company.

3. Savings and loan association > Provides home mortgages

When an institution acts like a bank by not being a banking institution, and provides mortgages, it is coined as savings and loan association.

4. Credit union > Is owned by its members

Member-based financially operated organizations which helps people to provide financial services like non-risky loans and deposits, that is termed as credit union.

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Fritters, a fast food restaurant chain, known for its quick meals encountered an instance where a customer had blamed its food f
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The correct answer is letter "A": subliminal.

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