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3 years ago

High self-monitors respond more to _____ advertising.

1 answer:

6 0

The answer is image oriented advertising. This type of advertising tends to focus more on the products of which they assume of which are more presentable and are favorable for their consumers that will be worth trying or buying of by the consumers.

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What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?

PIT_PIT [208]

The calculation used is mentioned as

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$ .

What is Annual Interest Amount?

An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of something like the principal you'll be paying yearly. APR is another term for the yearly rate of interest payable on investments that does not take into account the annual compounding of interest.
What you still owe just on mortgage principal is known as the loan balance. The loan balance is calculated as the difference here between initial mortgage balance and the sum of your principal payments. It's crucial to be aware of your loan's balance.
An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate refers to the amount you pay for borrowing money and is expressed as a percentage of the overall loan amount.

The calculation used is illustrated as :

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$

Learn more about Annual Interest Amount here:

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7 0

2 years ago

The may bank statement for accounting services shows a balance of $6,300, but the balance per books shows a cash balance of $7,9

vichka [17]

The adjusted cash balance at the end of August should be $8,180.

<h3>The May bank statement for Accounting Services shows a balance of $6,300, but the balance per books shows a cash balance of $7,980. Other information includes the following:</h3>

-A check for $200 to pay the electric bill was recorded on the books as $20.

-Included on the bank statement was a note collected by the bank for $400 plus interest of $30.

-Checks outstanding totaled $260.

-Bank service charges were $50.

-Deposits in transit were $2,140.

The adjusted cash balance at the end of August should be

A. $7,980.

B. $9,810.

C. $7,620.

D. $8,180.

Solution:

$6,300 + 2,140 - 260 = $8,180.

$7,980 - 180 - 50 + 430 = $8,180

The adjusted cash balance at the end of August should be

D. $8,180.

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5 0

2 years ago

As a new controller, reply to this comment by a plant manager: "As I see it, our accountants may be needed to keep records fo

fiasKO [112]

Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job

Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

6 0

3 years ago

When planning for college, you should consider: A. Visiting colleges during your junior year. B. Speaking with your school's col

Dominik [7]

D. All the above.

hope it helps!

5 0

3 years ago

Select the correct answer. Marketers use what kind of data validation to ascertain the reliability of secondary data? A. time se

myrzilka [38]

Marketers use this kind of data validation:

A. time series sales model

Explanation:

The time series sales model usually works for marketing campaigns because ultimately the marketeer wants to understand how many sales are being converted from primary and secondary sources.

This then leads to the cost and result assessment of the firm.

So, the time series sales model tells when how many sales are being done with some semblance of a filter for the secondary sources from the data of the marketer that they would have.

7 0

3 years ago

Read 2 more answers