Answer:
$353.05
Explanation:
To calculate this, the loan amortization formula is employed as follwow:
P = {A × [r(1 + r)^n]} ÷ {[(1+r)^n]-1} .................................... (1)
Where,
P = Monthly required payment = ?
A = Loan amount = $7,500
r = monthly interest rate = (0.12 ÷ 12) = 0.01
n = number of payment period = 24 months
Substituting all the figures into equation (1), we have:
P = {7,500 × [0.01(1 + 0.01)^24]} ÷ {[(1 + 0.01)^24]-1} = $353.05
Therefore, the amount of monthly payments is $353.05.
"If a speaker were giving an informative speech to a group with a kinesthetic learning style, he would do well to include a number of hands on activities in his speech."
Kinesthetic learning provides ways for the audience to do something in their seats, rather than listening to a lecture or watching a demonstration. You can create an activity by pairing two people together (sitting next to each other).
Answer:
Explanation:
1. Jasper Company
Income Statement
Sales (280000 x $12) $3360000
<u>Less: Cost of goods sold</u>
Add: Direct Material $180000
Add: Direct Labor $505000
Add: Manufacturing Overhead <u>$110000</u>
Cost of goods sold <u>($795000)</u>
Gross Profit $ 2565000
<u>Less: Expenses</u>
Selling expense $437000
Administrative expense <u>$854000</u>
Total expenses <u>($1291000)</u>
Net income <u> $1274000</u>
Percentage of sales for each line item
Sales = 100%
Cost of goods sold: 
x 100= 23.7%
Selling expense : 
x 100 = 13%
Administrative expense: 
x 100 = 25.4 %
2. According to the income statement in requirement 1, the manager can control cost by outsourcing the product if it is cheaper to get it from a third party in order to cut/control cost of goods sold.
Manager can also try controlling the administrative expenses as they are taking a bigger proportion than any other cost/ expense.
As of 2011, the world's population has reached 7 billion. The annual population growth rate is 1.2%, thereby there would be an additional 1 billion population growth at approximately 11 years or by 2021 the population would be 8 billion.
Answer:
hope you like it
Explanation:
Staffing is the process of determining the manpower requirements of a company which are necessary to achieve its objectives. This includes appraising and selecting candidates to fill these requirements and orienting, training and developing new and existing staff.
Manpower requirements- The very first step in staffing is to plan the manpower inventory required by a concern in order to match them with the job requirements and demands. Therefore, it involves forecasting and determining the future manpower needs of the concern.
