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3 years ago

_________________ is an example of a complementary good.

Business

2 answers:

AlladinOne [14]3 years ago

6 0

The correct answer is D. Mustard

Explanation.

In the economy and related fields, a complementary good refers to a type of good that is used along with others in most cases. For example, pencils are complementary goods because there use is related to the use of notebooks or paper. According to this, the product that is an example of a complementary good is mustard because this is not consumed along but with other products including hot dogs, hamburgers, french fries, etc. and therefore it is a complementary good.

Soloha48 [4]3 years ago

3 0

Pepsi is a good gift

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The answer for this question is true

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3 years ago

Titanic Roofing Company has estimated the following amounts for its next fiscal year: Total fixed expenses $832,500 Sale price p

GalinKa [24]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Total fixed expenses $832,500

Sale price per unit 40

Variable expenses per unit 25

If the company spends an additional $30,000 on advertising, sales volume would increase by 2,500 units.

Effect on income= 2,500*(40 - 25) - 30,000= $7,500

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4 years ago

Read 2 more answers

A lender is considering what terms to allow on a loan. Current market terms are 8 percent interest for 25 years for a fully amor

ioda

Answer:

1. The origination fee that the lender should charge if Rich will repay the loan after 25 years = $20,000 approximately.

2. The origination fee that the lender should charge if Rich will repay the loan after 10 years = $6,600 approximately.

Explanation:

a) Data and Calculations:

Amount requested by Rich = $100,000

Amount the bank is willing to lend Rich = $95,000

Interest rate = 9%

Period of loan = 25 years or 10 years

From an online finance calculator:

At 10% interest rate:

PMT = $-10,465.97

Sum of all periodic payments = $-261,649.17

Total Interest = $166,649.17

At 9% interest rate:

PMT = $-9,671.59

Sum of all periodic payments = $-241,789.84

Total Interest = $146,789.84

Expected Origination Fee:

Interest at 10% = $166,649.17

Interest at 9% = $146,789.84

Required origination fee = $19,859.32 ($166,649.17 - $146,789.84)

This is equivalent to $20,000

Payment after 10 years:

At 10% interest rate:

PMT = $-15,460.81

Sum of all periodic payments = $-154,608.13

Total Interest = $59,608.13

At 9% interest rate:

PMT = $-14,802.91

Sum of all periodic payments = $-148,029.09

Total Interest = $53,029.09

Expected Origination Fee:

Interest at 10% = $59,608.13

Interest at 9% = $53,029.09

Required origination fee = $6,579.04 or $6,600 ($59,608.13 - $53,029.09)

7 0

3 years ago

Questions to ask my lecture on external and internal relationships in bussiness

Murljashka [212]

Answer:

Have we inventoried the third party relationships that exist in our organization today?

How are we identifying and tracking new or changing relationships?

Have we assessed and prioritized the risks related to those relationships?

When evaluating new relationships, do our selection criteria address risks to the organization?

Where applicable, do our agreements and contracts include adequate terms and conditions to require third-parties to provide independent assurance to mitigate potential risks, convey trust and confidence, and demonstrate compliance with laws and regulations?

Are responsibilities to manage these risks clearly defined individually for each third-party and as a whole?

Are we monitoring the various risks and contract requirements associated with each existing relationship and at what interval?

Are these relationships dependent on subservice organizations?

How do we gain comfort that information provided by third-parties is valid, accurate, and complete?

Does our risk assessment process identify potential negative events resulting from third party relationships and include procedures in place to respond?

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3 years ago

Covered interest arbitrage involves both Group of answer choices the purchase of a domestic asset and a spot contract in the mar

shepuryov [24]

Answer:

the purchase of a foreign asset and a forward contract in the market for foreign exchange.

Explanation:

An arbitrage is a type of trade that is caused as a result of market inefficiency.

For example, if a stock is trading at $50 on the London Stock Exchange (LSE) while it is trading for $52 on the New York Stock Exchange (NYSE) at the same time. Philip buys the stock on the LSE and sells the same shares immediately on the NYSE and earns a profit of $2 per share, this is referred to as an arbitrage.

This ultimately implies that, arbitrage allows an individual to profit from the price difference between similar goods, commodity, securities or currency in different markets.

A covered interest arbitrage can be defined as trading strategy in which an investor minimizes his or her currency risk by using a forward contract to hedge against the interest rate difference between two countries i.e the exchange rate risk. Thus, it's considered to be the most common interest rate arbitrage around the world.

Hence, a covered interest arbitrage involves both the purchase of a foreign asset and a forward contract in the market for foreign exchange.

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3 years ago