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3 years ago

Family members may lend you money based on

Business

2 answers:

Katarina [22]3 years ago

6 0

Answer :a obligation.

The word obligation means “to be bound to act in a certain way either morally or legally.”

Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.

Loans from family members are usually interest free.

However, if the loan is not repaid, relationships quickly turn sour.

Hence loans from family member must be treated with respect and care, in order to maintain relationships.

Airida [17]3 years ago

4 0

Answer:

The correct answer is Obligation.

Explanation:

When we live with the family, we have responsibilities towards the members of the family. We are responsible to help them in the time of their need. Normally it is our obligation to stand beside our family members through thick and thin. So if any member of the family needs to lend money, the money is given due to our obligation towards him or her. This interest free, easy to pay lending helps the member to stand on his or her feet. This increases the bonding between the family members.

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Job 590 has a total cost of $29,200. It has been charged manufacturing overhead costs of $7200. The rate is 85% of direct labor.

Gnoma [55]

Answer:

$13,529= Direct material

Explanation:

Giving the following information:

Job 590 has a total cost of $29,200. It has been charged with manufacturing overhead costs of $7200. The rate is 85% of direct labor.

Total cost= direct material + direct labor + allocated overhead

29,200= DM + (7,200/0.85) + 7,200

29,200 - 7,200 - 8471= dm

$13,529= DM

7 0

3 years ago

An airport in Japan is planning to purchase a parcel of land for building additional executive hangars in five years. The price

Vsevolod [243]

Answer:

The airport should invest a uniform amount of $A=$ $357,958.55

Explanation:

First of all, we need to know how much will cost the land in five years so we have, $F=2000000*(1+0.05)=2100000$ , that means that the future value of the land will be $2'100,000.

Now we can use $A=\frac{F}{\frac{(1+i)^{n} -1}{i} }$ with $F=2100000, n=5$ and $i=8$ %, so we have $A=\frac{2100000}{\frac{(1+008)^{5} -1}{0.08} }=357958.55$

8 0

3 years ago

What two things do you consider when evaluating the time value of money? (13 points)

IgorLugansk [536]

The time value of money is the idea that an amount of money in the present is more valuable and is worth more than the amount of money in the future. Two things you'd need to consider when making this type of deal is putting yourself at risk of not getting the money and putting your trust into the person who owns you the money. You would need to consider that putting yourself in that position is your decision, no one elses. Ask yourself, "Can I trust this person?" or, "What if I don't get as much money as they promised?"

I hope this helps!

7 0

3 years ago

Sufficient Dwelling Coverage? Colton Gentry of Lancaster, California, has owned his home for ten years. When he purchased it for

Shtirlitz [24]

Answer:

a. $17,978

b. $300,000

Explanation:

Conditions

The cotton country of lancaster, california has owned his home for ten years
purchased it for $178,000, cotton bought a $160,000 homeowner's insurance policy

the replacement cost of the home is now $300,000

a. hence,

the proportion of the house insured = $\frac{InsuranceAmount}{PriceOfThe Home} \times 100$ %

$= \frac{160000}{178000}\times 100$

= 89.89%

Percentage amount covered by the policy

= proportion of the house insured = 89.89%

Amount covered by the policy in dollars

= $20,000 × 89.89%

= $17,978

Amount of insurance on the home that cotton should now carry to be fully reimbursed for a fire loss = current value of the home

= $ 300,000

5 0

3 years ago

A decrease in the demand for eggs due to changes in consumer tastes, accompanied by a decrease in the supply of eggs as a result

Mariana [72]

Answer:

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease

Explanation:

Here are the options

a decrease in the equilibrium quantity of eggs and no change in the equilibrium price.

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease.

a decrease in the equilibrium price of eggs; the equilibrium quantity may increase or decrease.

a decrease in the equilibrium price of eggs and no change in the equilibrium quantity.

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :

1. A change in the price of input

2. A change in the number of suppliers

3. Government regulations

A decrease in the demand for eggs would lead to a leftward shift of the demand curve for eggs. Price and quantity would fall as a result.

a decrease in the supply of eggs would lead to a leftward shift of the supply curve for eggs. Price would increase and quantity would fall.

Taking these two effects together, there would be a fall in equilibrium quantity and equilibrium price can either rise or fall depending on if demand or supply has a greater effect.

7 0

3 years ago