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3 years ago

Plzz help!!!!!!

Business

1 answer:

mestny [16]3 years ago

6 0

Answer:

The correct answer is letter "A": Low payments fit better in their monthly budget.

Explanation:

Usually, people who opt to make minimum payments on loans take that decision because they cannot afford to pay the principal plus regular monthly interest. While it can be a solution not to have a negative balance on the loan, minimum payments extend the length of the loan and carry higher interest rates.

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Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi

krek1111 [17]

Answer:

Cost of the VAN <em>$53.298‬</em>

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

invoice less discount = cash price

60,000 x (1 - 0.13) x (1 - 0.01) = 51.678‬

to this, we add up the sales tax and the extra cost for the device

51,678 + 860 + 760 = <em>53.298‬</em>

5 0

3 years ago

Companies can identify their competitors from both ________ points of view.

anzhelika [568]

C, is the correct answer I believe.

8 0

3 years ago

High-performance teams are characterized by: members with only individual accountability. members with specialty skills rather t

Soloha48 [4]

Answer:

extensive communication mechanisms.

Explanation:

High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:

1. Presence of extensive communication mechanisms

2. Constant collaboration among team members

3. Define objectives and goals

4. Ability to tackle and resolve conflict amicably with speed.

7 0

3 years ago

Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts

Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

COGS = 85,000 - 20,000 - 10,000 = 55,000

liab + equity = total liab and stockholders equity

account payable + common stock + RE = total liab and stockholders equity

5,000 + CS + 27,000 = 62,000

CS = 62,000 - 27,000 - 5,000 = 30,000

5 0

3 years ago

Short-term loans which are backed by the taxing power of the governmental unit and used to meet working capital requirements are

notsponge [240]

Answer:

D) Tax anticipation notes.

Explanation:

Short-term loans that are backed by the taxing power of the governmental unit and used to meet working capital requirements are called Tax anticipation notes. Tax anticipation notes are short-term notes or short-term loans, issued at a discount by the states or municipalities to finance current operations before tax revenues are received with a maturity period usually less than a year or a stated future date. Tax anticipation notes are used by municipalities to bridge funding gaps like to meet the working capital requirements.

4 0

3 years ago