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3 years ago

Interest is:

2 answers:

4 0

Hey there,

The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.

Your correct answer would be a charge for the convenience of accessing money stored in your bank account.

anastassius [24]3 years ago

4 0

Answer:

The correct answer is: B

Explanation:

Interest is charged by a creditor or the party lending money to a debtor or the party receiving money for the use of assets, which can be cash, a car, a house and so on. The interest rate is the interest amount expressed as a percentage of the initial value of the asset that was borrowed. In practice, a creditor would charge a lower interest to a debtor who is considered to have a lower default risk and a higher interest to a debtor who is considered to have a higher default risk. Default risk: is the probability that a debtor would be unable to meet the payment obligations of their debt.

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Crusher Company has provided the following data for maintenance cost:

Firdavs [7]

Answer:

Total Fixed Cost: $13,020

Explanation:

Fixed cost is calculated using high low method.

High low method seeks to find variable cost per hour / unit by dividing the difference of cost (total cost at two levels) with difference of activity level. Than variable cost is reduced from total cost to identify the fixed cost. Below is the calculation:

Current year cost: $ 37,850 Current year machine hours: 19,100

Prior year cost: $ 33,300 Prior year machine hours: 15,600

Variable cost per machine hour = Current year cost - Prior year cost

Current year machine hour - prior year machine hour

Variable cost per machine hour: 37,850 - 33,300 = $1.30 per machine hour

19,100 - 15,600

Variable cost current year: ($1.30 * 19,100) = $24,830

Variable cost prior year: ($1.30 * 15,600) = $20,280

Fixed cost: Total cost - variable cost

Fixed cost current year: 37,850 - 24,830 = $13,020

Fixed cost prior year: 33,300 - 20,280 = $13,020

7 0

3 years ago

What is a philosophy that aggressively seeks to improve product quality by eliminating causes of product defects and making qual

rodikova [14]

Answer:

Business Process Re-engineering is business philosophy that seeks to improve product by eliminating causes of product defects and making quality an all-encompassing organizational watchword.

Hence A is correct

Explanation:

It is an holistic approach to rearranging business and organisation's workflows with a view to identifying sub-optimization and inefficiencies that are deep-rooted in its processes which are cost-consuming but do not add value to business bottom-line(profitability).

Implementing a BPR project is a painstaking effort in that it is a way of telling employees to dump old ways of doing of things which they are probably more comfortable with and embrace change.This is the case as an average human tends to resist change.

3 0

3 years ago

Mara is a management consultant for a soda manufacturer that wants to expand into health drinks such as green tea and after-work

kirill115 [55]

Answer:

B. "Carefully consider the entry choices over time before making a decision."

Explanation:

Since Mara company specializes in manufacturing sodas, venturing into health drinks is risky and therefore would need a lot of planning, thorough analysis of the target market . Looking into whether there's sufficient demand for it and forecasting future trends with regards to health drinks is also important . Mara should therefore, test venture into this by testing the market and considering entry choices over time before making a decision.

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3 years ago

A U.S. firm has sold an Italian firm €1,000,000 worth of product. In one year the U.S. firm gets paid. To hedge, the U.S. firm b

Paraphin [41]

Answer:

The firm will realize $1,640,000 on the sale net of the cost of hedging.

Explanation:

7 0

3 years ago

Read 2 more answers

Raymond Chandler wrote classic American detective stories. By always using certain roles for his characters and props that were

OleMash [197]

Answer:

Cultural formula

Explanation:

Cultural formula can be described as a situation there is tend to a consistent occurrence of certain roles and props in a series of media events.

Cultural formula can be employed in a novel through the use of certain roles for characters and props that go along with the genre.

Therefore, Chandler's novels followed a cultural formula.

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4 years ago