Advocacy groups are groups of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions.
Explanation:
Advocacy groups are important components of consumer rights in the capitalistic market and are essential for maintaining good business practices in the capitalistic society where competition can take a hold over the moral situation that should in a sense dominate.
The advocacy groups that work this way are the ones who are a group of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions. This is important for consumer rights for this sector to be strong.
Answer:
In 269th Payment the principal component is greater than half of the payment
Explanation:
Amortization schedule is attached please find it.
The loan payment includes the interest and principal portion. After deducting the interest on the due balance the residual amount is paid towards the principal.
Loan is paid per month, the amount of each payment can be calculated as follow:
Loan Payment per month = r ( PV ) / 1 - ( 1 + r )^-n
r = rate per period = 9% per year = 0.75% per month
n = number months = 30 years x 12 months per year = 360 Months
PV = present value of all payments = $420,000
P = payment per month = ?
P = 0.75% ( $420,000 x 90% ) / 1 - ( 1 + 0.75% )^-360
P = $3,041.47 per month
Answer:
$984,000
Explanation:
The computation of the budgeted total manufacturing cost is shown below:
Budgeted total manufacturing costs in March = Fixed cost + Variable cost
= $24,000 + ($16 × 60,000)
= $24,000 + $960,000
= $984,000
We simply added the fixed cost and the variable cost in order to find out the budgeted total manufacturing cost
Answer:
80%
Explanation:
For computing the return on investment first we have to need the following calculations
New contribution margin = Old contribution margin + increase in contribution margin
= $260,000 + $30,000
= $290,000
And,
Net Income = Contribution margin - Total direct fixed costs
= $290,000 - $90,000
= $200,000
ROI = Net income ÷ average operating assets
= $200,000 ÷ $250,000
= 80%
<span>D) an employees car used for deliveries</span>
