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Marizza181 [45]
2 years ago
10

A bank advertises a 3/1 ARM at 4.65% with a 3/9 cap. . . What is the maximum interest rate that can be charged during the fifth

year?. . 3%. . 4.65%. . 9%. . 10.65%
Business
1 answer:
IRINA_888 [86]2 years ago
8 0
<span>"a 3/1 ARM" means starting at a fixed interest rate for the first 3 years and the interest rate will adjust every year after the first three years  up to the part where it mentions a "3/9 cap". This on the other hand tells us that the increase will be 3% each time there is an interest rate increase and the max increase is 9%. Hence the answer is 9%</span>
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Starbucks' efforts to expand its distribution beyond traditional outlets, including other restaurant chains, hotels, airlines, u
sweet-ann [11.9K]

Answer: False

Explanation:

Starbucks efforts to expand have yielded fruit as it is now more accessible to its ever increasing customer base which is as a result of the brand's recognition and reputation.

They are now more successful as a result and this is proven by the fact that Starbucks revenue has been rising since 2013 from around $14 billion to $26.5 billion in 2019.

8 0
2 years ago
Expectancy theory suggests that managers must recognize employees work for a variety of reasons, these reasons may change over t
lana66690 [7]

TRUE

Explanation:

  • Managers appoint employees because they are able to produce work.
  • It is mandatory for a manager to keep recognition because task..
  • It could be monotonous,hard and the learning curve of this employee.
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  • Manager has to give champions of the month,spot award, golden.
  • Award it gives the employee that exponential boost and happiness.
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  • If Manager in a particular business doesn't require recognition.
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7 0
3 years ago
Ahrends Corporation makes 46,000 units per year of a part it uses in the products it manufactures. The unit product cost of this
IgorC [24]

Answer: 49.10 pee unit

Explanation:

Direct materials = $14.30

Add: Direct labor = 23.90

Add: Variable manufacturing overhead = 3.00

Add: Avoidable overhead = 28.30 - 28.40 = 0.10

Avoidable cost = 41.10

The maximum amount that the company should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 53,000 units required each year will be:

= 41.10 × 53000 + 424,000 / 53000

= 49.1 per unit

6 0
2 years ago
After graduating from college, you are hired by the Ford automobile company as an economic analyst. For your first project, you
nikdorinn [45]

Answer:

Explanation:Part 1). Answer :- Sales of Ford Mustangs will decrease by 15 % (1.5 * 10 %).

Explanation :- Camaro and Ford Mustangs are substitute goods because the cross-price elasticity between Ford Mustangs and Camaro is in positive. Accordingly, with the decrease in price of camaro, the quantity sold of Ford Mustangs will also decrease.

Part 2). Answer :- Quantity of Ford Mustangs will decrease by 16 % (0.80 * 20 %).

Explanation :- Gasoline and Ford Mustangs are complementary goods because the cross-price elasticity between Ford Mustangs and Camaro is in negative. Accordingly, with the increase in price of gasoline, the quantity sold of Ford Mustangs will decrease.

Part 3). Answer :- Quantity of Ford Mustangs will increase by 15 % (3 * 5 %).

Explanation :- With the increase in income of consumer, the demand for normal good also increase. Accordingly, with the increase in consumer's income, quantity demanded of Ford Mustangs will also increase.

3 0
3 years ago
Bob lives in San Diego and loves to eat desserts. He spends his entire weekly allowance on yogurt and pie. A bowl of yogurt is p
liberstina [14]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Current Consumption Marginal Rate of Substitution

= Marginal Utility (MU) of Pecan Pie ÷ Marginal Utility (MU) of Yogurt

= 2

Utility Maximized When Marginal Rate of Substitution (MRS)

=  Marginal Utility of Pecan Pie ÷ Marginal Utility of Yogurt

= $3.75 ÷ $1.25

= 3

According to the analysis, Utility-maximizing MRS (3) is more than the current MRS (2). So to increase the utility bob should have to consume less pecan pie and more quantity of yogurt.  

7 0
2 years ago
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