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lora16 [44]
3 years ago
12

Select the correct answer.

Business
1 answer:
sweet-ann [11.9K]3 years ago
5 0

Answer:

Principal

Explanation:

A loan can be defined as the lending of money, property, etc by one party to another party. A loan is more often than not given out by financial institutions.

The money is loaned between parties, the original amount borrowed by the receiving party is called the PRINCIPAL.  

This principal begins to reduce as soon as the money starts to be paid back.

Every principal(loan) has an interest. The interest is always at a particular rate, spread over a period of time, etc.

Cheers.    

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As of December 31, 2010, the assets listed on the balance sheet of Bank A were: $1.5 million in cash reserves, and $6 million in
Vsevolod [243]

Answer:

net worth: 1.0 millions

Explanation:

the net worth of a bank is the result of subtracting the liabilities from his total assets:

Total Assets: 7.5 million (1.5 cahs + 6.0 note receivables)

Total Liabilities: 6.5 millions

net worth: 7.5 assets - 6.5 liabilities = 1.0 millions

7 0
4 years ago
One hypothesis for declining productivity growth rates since the Great Recession is that technological progress has been so rapi
tankabanditka [31]

Answer:

False

Explanation:

Technological progress is perhaps the greatest factor in increasing productivity.

In an industry, productivity is measured as a ratio between quantity of output per unit of input. Inputs include direct materials, direct labor and factory overhead costs. New technologies reduce inputs while increasing output levels.

For example, new machinery may produce 50% more units per hour than old machinery, therefore the inputs required to produce one unit of output are reduced.

7 0
4 years ago
A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen
Andrew [12]

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

The Rate of Allocation based on Sales = Advertising Expense/Total sales

= 50,000/475,000

= 0.105263

= 10.5263%

This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

= Department sales * Allocation rate

= 213,750 * 10.5263%

= $22,500

$22,500 should be allocated to Department T.

8 0
4 years ago
If a company has five employees with annual salaries of $40,000, $90,000, $40,000, $30,000, and $80,000, respectively, what is t
inessss [21]
Mean is where you add all of the values together and then divide the total by the number of values.

 After doing this, you should see this...

20,000+40,000+20,000+60,000+70,000 = 210,000

 After you get this number, you divide by the number of values, in this case, 5.

 210,000/5 = 42,000

6 0
3 years ago
Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th
lozanna [386]

Answer:

The number of firms selling laptop computers decreases

Explanation:

Price ceiling is the legal maximum price for a good or service. It is a government imposed price control mechanism put in place to limit how high the price for a product, services or commodities can be.

Government out this in place so as to protect the consumers by ensuring commodities prices don not become expensively high or conditions that might warrant commodities to be expensive.

In the instance above, since the government have placed a price ceiling on sales of laptop computers, the factor/event that would make the market change from price ceiling that is not binding to one that is binding is if the number of firms selling laptop decreases, this would result that the price ceiling not initially having effect on the market price to do have effects on the market prices as the required price set for the sales of laptop will be at price below equilibrium and bind on the remaining number of sellers of laptops in the market. It will mean that the remaining firms selling laptop will not be able to satisfy the market and demand for laptop because the price has been artificially set low by the government.

5 0
4 years ago
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