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2 years ago

Whic of the statement below is FALSE?

Business

1 answer:

Kaylis [27]2 years ago

4 0

Answer:

Reducing principal at a faster pace increases the overall interest paid on a loan.

Explanation:

When a loan is being repaid a repayment schedule is used. Repayment schedule contains proportion of principal and interest to be paid by the borrower.

In a scenario where principal to be paid reduces at a faster rate, the interest must also reduce. Interest is a function of the principal. The higher the remaining principal the higher interest rate and vice versa.

So the statement - Reducing principal at a faster pace increases the overall interest paid on a loan, is false. Rather interest to be paid will reduce.

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The account Work-in-Process Inventory: Group of answer choices Consists of completed goods that have not yet been sold. Consists

Rudiy27

Answer:

Consists of goods being manufactured that are incomplete.

Consists of materials to be used in the production process.

5 0

2 years ago

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The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community fami

Flauer [41]

Answer:

Spaulding

Explanation:

Spaulding may be used to refer to the material. 1 People; 2 locations; 3 other uses; 4 See, too.

Spaulding Group offers advisory services for housing development and property development.

Under these types of firm people is hire who have good knowledge of property and real estate.

These people help and advise other people who want to purchase real estate.

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3 years ago

Consider a mutual fund with $260 million in assets at the start of the year and 10 million shares outstanding. The fund invests

Ugo [173]

Answer: $26; $28.057

Explanation:

Total value = $260 million in assets

Shares outstanding = 10 million

Dividends = $2.5 million

Fund value at the start of the year = $\frac{Total\ value}{No.\ of\ shares\ outstanding}$

= $\frac{260}{10}$

= $26

Fund value at the end of the year:

Dividend per share = $\frac{Dividends}{No\ of\ shares}$

= $\frac{2.5}{10}$

= $0.25

Price gain at 9% with deduction of 1% of 12b-1

Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)

= $28.057

4 0

2 years ago

How much does it cost to open a savings account??

valentinak56 [21]

Ok this is for me this might not be the same for you. I use Bank of America and when I opened mine I needed to make a minimum deposit of $25. Again this was for me I dont know if this is the same for everyone or every bank.

Have a nice day user!

8 0

3 years ago

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Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. in what ways could a researcher

ahrayia [7]

Researchers can manage and organize data by using strategies in research that will help them into organizing the information that they were able to obtain from the researches that they study. Strategies in which could help them in managing and organizing data are the following—communication, group meetings in which people who are involved with the study, extensive training, conceptual framework development and trails for external and internal audit in which should be created.

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2 years ago