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3 years ago

What is the prime rate?

Business

2 answers:

Aloiza [94]3 years ago

6 0

The answer is: a. The prime rate is the best interest rate that banks offer their most creditworthy customers.

In order to be considered as 'creditworthy' , there are several requirements that must be fulfilled by the customers. Such as:

- The customers have collateral for their credit (could be in the form of saving account or private assets)

- The customers never maxed out their credit card

- The customers never late to pay their debt.

- The customers have a steady income.

UkoKoshka [18]3 years ago

3 0

I think the answer is A

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Venus Robotics can produce 25,000 robots a year on its daytime shift. The fixed manufacturing costs per year are $2.3 million an

dedylja [7]

Answer:

The unit manufacturing cost for the daytime shift is $472. Adding a second shift would decrease the unit manufacturing cost to $464.5.

Explanation:

Given that Venus Robotics produces 25,000 robots per year on its day shift, its fixed costs are $ 2,300,000 and its labor costs are $ 9,500,000, the cost per unit produced during this shift is $ 472 ((2,300,000 + 9,500,000) / 25,000) .

Now, to produce another 25,000 robots in the night shift, labor costs will be 15% higher, reaching about $ 10,925,000 (9,500,000 x 1.15), but fixed costs will only increase by about $ 500,000, reaching $ 2,800,000. Thus, the fact of producing these robots in a night shift would imply that the total costs per unit between both shifts will be $ 464.5 ((2,800,000 + 9,500,000 + 10,925,000) / 50,000), with which it is economically feasible to add said production shift.

3 0

3 years ago

a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area wi

Svetllana [295]

Answer:

d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Explanation:

THE QUESTION IS THAT

Which of the following is the best career objective for a résumé?

Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.

A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

5 0

3 years ago

A farmer grows wheat and sells it to a miller for $200; the miller turns the wheat into flour and sells it to a baker for $500;

Lostsunrise [7]

Answer:

The right solution is "$900".

Explanation:

GDP seems to be the cash value of all finished goods products as well as services produced in something like a single year throughout a region. The farmer develops wheat here though and markets these for $200 to such a miller.
The miller transforms the wheat into flour which offers something for $500 to something like a baker. After that, the final good becomes bread.

Thus, the GDP seems to be $900.

7 0

4 years ago

If a manufacturer offers a wholesaler a special incentive to carry a new product line, which strategy is being applied?

nirvana33 [79]

<span>Actually here in the above case its purely a brand marketing and quick sales of products strategy is being applied on by the manufacturer on wholesaler who inturn does the same on the people for the new product line, which is a win win situation for every one who are involved in this smart process or strategy for sure.</span>

5 0

4 years ago

If the assets of a business are $ 390 comma 000 and the liabilities are $ 110 comma 000, how much is the owners' equity? (2)

Softa [21]

If the assets of a business are $ 390 comma 000 and the liabilities are $ 110 comma 000, how much is the owners' equity?

Using the Balance Sheet Equation

Assets= Liabilitites+Owners Equity

390000=110000+Owners Equity

Owners Equity=$280000

if the owners' equity in a business is $ 90 comma 000 and the liabilities are $ 190 comma 000, how much are the assets?

Using the Balance Sheet Equation

Assets= Liabilitites+Owners Equity

Assets=190000+90000

Assets=$280000

(3) a company reported monthly revenues of $ 315 comma 000 and expenses of $ 100 comma 000. what is the result of operations for the month?

Net income= Revenues-Expenses

Net income=315000-100000

Net Income= $215000

(4) if the beginning balance of retained earnings is $ 160 comma 000, revenue is $ 100 comma 000, expenses total $ 65 comma 000, and the company declares and pays a $ 10 comma 000 dividend, what is the ending balance of retained earnings?

This can be found by below schedule:

Beginning Balance............................................................................160000

Add Revenue.......................................................................................100000

Less Expense.....................................................................................(65000)

Less Dividend.....................................................................................(10000)

Ending Balance of Retained Earnings........................................185000

3 0

3 years ago