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3 years ago

The cost of borrowing money is called _____. risk deposit interest

2 answers:

8 0

The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime.

Mamont248 [21]3 years ago

3 0

I believe the right answer is interest.

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A salesman at a music store always begins by showing his customers high-priced instruments. When the customers refuse these, the

quester [9]

Answer: Rejection-then-retreat approach.

Explanation: The musical equipment salesman is using the Rejection-then-retreat approach to sell his musical items. This method is used to frighten the customers with higher priced items then make them settle for lesser priced items.

4 0

3 years ago

Read 2 more answers

If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment

konstantin123 [22]

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

First, we need to calculate the employed people:

Employed population = 500 - 19= 481 million

Now, to calculate the labor force participation rate, we need to use the following formula:

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

4 0

3 years ago

For a new product to be profitable, it must Multiple Choice enable customers to obtain greater total utility from their money in

Sidana [21]

Answer:

have greater marginal utility than existing substitute products

Explanation:

Utility is the satisfaction derived from consuming a good or service. Products or services that meet or exceed customers' expectations are deemed to have a high utility value. Goods that do not adequately address customers' needs are considered to be of low utility value.

Goods and services deemed to be of high utility value are always in high demand. Consumers will be willing to pay more for such commodities. A product with high utility value will outsell its competitors in the market.

8 0

3 years ago

During the current year, the company purchased equipment for $212,000 on October 1. It is estimated the equipment will have a us

qwelly [4]

Answer:

$6250

$5000

$5250

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($212,000 - $12,000) / 8 = $25,000

The machine was used for only 3 months in the fiscal year. Thus, the depreciation expense = $25,000 x (3/12) = $6250

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

(1000 / 40,000) x ($212,000 - $12,000) = $5000

Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)

($212,000 - $12,000) x (525 / 20,0000) = $5250

7 0

3 years ago

You are the owner of a small sandwich shop. a buyer may offer one of several payment methods: cash, a check drawn on a bank, a c

Anon25 [30]

A check it takes less time and has no fee and the just draw from my account

6 0

3 years ago