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KengaRu [80]
3 years ago
12

What is a rate loan is one in which the interest rate charged on the balance fluctuates as market interest rates change, resulti

ng in payments that may change from month to month?
Business
1 answer:
matrenka [14]3 years ago
7 0
<span>This is a variable-rate loan. The interest rate changes due to market variations and the rates associated with the market. Some months can have higher rates (and thereby, payments), while other months could be the same or lower, leading to slightly lowered payments.</span>
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(c)
ladessa [460]

Answer:

The changes suggested increase income by 16,000 therefore is a good idea to made the changes

Explanation:

Your Mistake is that fixed expenses should remain constant with a sales increase

                     Current                  New

Sales             $800,000       $ 912,000

Variable        $ 480,000      $ 576,000

Contribution $ 320,000      $ 336,000

<u>Fixed             $ 270,000     </u><u><em> $ 270,000  </em></u>

Net Income   $  50,000      <em> $  66,000</em>

<em></em>

<em></em>

7 0
3 years ago
Suppose the quantity of burgers is measured on the horizontal axis and the quantity of bags of French fries is measured on the v
frosja888 [35]

Answer:

d. the rate at which a person is willing to give up bags of fries to get more burgers while staying on the same indifference curve

Explanation:

Marginal rate of substitution is defined as they way an individual nos willing to let go of one good in preference for another one while sustaining a particular level of utility or indifference curve.

An indifference curve is made up of different combinations of two products that a consumer's views as having the same value.

In the give scenario marginal rate of substitution measures the willingness of the individual to give up fries for burgers while maintaining a level of satisfaction

6 0
3 years ago
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0
yuradex [85]
I’m not sure but I think it’s A
sorry if it’s wrong
6 0
3 years ago
True or false A coupon is the stated interest on a corporate, municipal, or government bond.
dem82 [27]
This statement is true. A coupon rate is a stated interest on a corporate, municipal, or government bond. A bond is a contract to repay the borrowed or owed money and all of its interests for any future investments.
8 0
3 years ago
Alice is single and self-employed in 2019. Her net business profit on her Schedule C for the year is $150,000. What is her self-
JulijaS [17]

Answer:

$19,790

Explanation:

A taxpayer’s tax base for computing a self-employed taxpayer’s self-employment tax (i.e., net earnings from self-employment) is the taxpayer’s net business profit from Schedule C multiplied by 92.35%.

So, Alice’s net earnings from self-employment is her net profit from Schedule C of $150,000 x 92.35% = $138,525.

Alice will owe $15,773 ($127,200 maximum amount x 12.4%) in Social Security taxes and $4,017 ($138,525 x 2.9%) for the Medicare component of FICA taxes.

Alice owes total self-employment tax of $19,790 ($15,773 + $4,017).

She is not subject to additional Medicare tax because her net earnings from self-employment do not exceed $200,000.

4 0
3 years ago
Read 2 more answers
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