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GenaCL600 [577]
3 years ago
11

Advantages of installment paying

Business
1 answer:
Fiesta28 [93]3 years ago
8 0

Answer:Advantages of installment payment for your big-ticket spending

Installment allows you to spend smart. If you have the funds, you can always purchase and pay in full. ...

You can make unexpected purchases or payments without putting a dent on your budget. ...

You get to track your finances better. ...

It enables you to stretch the cost of your purchases over a manageable period of time

Explanation:

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What type of companies engage in marketing?
Wewaii [24]

Answer:

American Heart Association (AHA), Walmart, Procter & Gamble.

Explanation:

4 0
3 years ago
A company has sales of $640,000, net profit after taxes of $23,000, a total asset turnover of 4. 17 and an equity multiplier of
spayn [35]

A corporation has $640,000 in sales, $23,000 in net profit after taxes, a 4.17total asset turnover, and a1.67 equity multiplier. response is9%.%

The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). The better a corporation is at turning its equity financing into profits, the higher its ROE.

Return on Asset is expressed as a percentage of the total return an organization generates in relation to its total assets. The return on asset calculation formula is.

Return on assets is calculated as Net Profit After Taxes by Asset Turnover and Sales multiplied by100. For example, Return on Assets is $23,000*2.5by640000*100 Return on Assets is $57,500/640000*100 Return

Learn more about equity here.

brainly.com/question/28202983

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8 0
2 years ago
A high-ranking manager who advocates the project and uses her or his influence to gain approval of the project is a project
kolbaska11 [484]
Such a person is the PROJECT SPONSOR. A project sponsor is the person with the overall accountability for a project, he has the responsibility to ensure that the project delivers the agreed business benefits. He is usually the one who is responsible for securing the financing and total resources project approval.
4 0
3 years ago
55.The manager of Bonzai's Boutique has approved Carla's application for credit. The maximum payment that has been approved is $
rosijanka [135]

Answer:

$1,916.2

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. In this question the payment of $95 per month for 24 months at APR of 16% is an annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where P = Annual payment = $95

First, Calculate the effective rate

EAR = ( 1 + 16%/12 )^12 - 1 = 17.2%

r = rate of return = 17.2% annual = 17.2% / 12 = 1.44% per month

n = number of years = 24 months

Placing value in the Formula

PV of annuity = $95 x [ ( 1- ( 1+ 1.44% )^-24 ) / 1.44% ]

PV of Annuity = $1,916.2

8 0
3 years ago
The Age Discrimination in Employment Act prohibits employment discrimination on the basis of age against individuals up to forty
stiks02 [169]

True, Age Discrimination in Employment Act (ADEA) forbids age discrimination against people who are age 40 or older.

  • It does not protect workers under the age of 40, although some states have laws that protect younger workers from age discrimination.
  • These legislation collectively changed the workplace by removing obstacles to opportunity and establishing a foundation of fairness and equality.
  • Congress acknowledged that age discrimination was mostly brought on by erroneous beliefs that ability was impaired by age when it passed the ADEA.
  • Direct and indirect age discrimination are two of the most prevalent forms of this practice.

What is the Age Discrimination Act of 1978?

  • Age-based discrimination against older workers in hiring, firing, layoffs, compensation, and other working conditions is illegal under the federal Age Discrimination in Employment Act (ADEA).
  • Most employees 40 and older who work for companies with 20 or more employees are covered by the statute.

Learn more about the Age Discrimination Act of 1978 brainly.com/question/15287392

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8 0
2 years ago
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