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3 years ago

11

True or false created during the great depression, the federal deposit insurance program resulted in a large number of bank fail

ures.?

1 answer:

Ainat [17]3 years ago

7 0

False. This is not a true thing.

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Camp Elim obtains a $125,000, 6%, five-year loan for a new camp bus on January 1, 2021. If the monthly payment is $2,416.60, by

Virty [35]

Answer:

The answer is A. $1,791.60

Explanation:

Annual interest payment on the loan is:

6% x $125,000

=$7,500

Therefore, monthly interest payment is $625($7,500/12 months).

Monthly payments (which comprise principal and interest payment) is $2,416.60.

The carrying value decrease when the first payment is made on January 31 was made will be:

$2,416.60 - $625

= $1,791.60

4 0

4 years ago

The manufacturing cost of Calico Industries for three months of the year are provided below: Total Cost Production (units) April

VikaD [51]

Answer:

a. $0.23 per unit and $48,701

Explanation:

Highest total cost (Ch)= $113,400

Most units produced (Uh) = 281,300 units

Lowest total cost (Cl) = $87,600

Fewest units produced (Ul) = 167,700 units

According to the high-low method, the variable cost per unit is given by:

$V_c = \frac{C_h-C_l}{U_h-U_l}= \frac{113,400-87,600}{281,300-167,700}\\V_c = \$0.23\ per\ unit$

Using the month of April (highest production), total Fixed costs are given by:

$FC = 113,400- (0.23*281,300)\\FC=\$48,701$

Calico Industries' variable cost per unit and the total fixed costs are, respectively, $0.23 per unit and $48,701.

8 0

4 years ago

Successful firms focus their efforts on satisfying customer needs that:

bixtya [17]

Answer:

e. math their core competencies

Explanation:

Firms in order to be successful need to focus on what they do best (core competencies) and put their efforts in the segment of the market that needs and is wiling to buy what they are offering in order to have loyal customers that will buy the company's products.

8 0

4 years ago

due to changes in production, hanson steel gave each employee 75 percent of the cost savings. hanson steel uses a ________ compe

mihalych1998 [28]

Due to changes in production, Hanson steel gave each employee 75 percent of the cost savings. Hanson steel uses a <u>gainsharing </u>compensation plan.

A compensation plan refers to the practices, methods, and intentional approach that's used by an organization in maintaining financial interests and developing, retaining, attracting, and rewarding employees in an industry.

It should be noted that the gainsharing compensation plan refers to a compensation plan that is used to increase profitability as employees share in the company's gain. Since the workers share 75% of the cost savings, this is a gain-sharing compensation plan.

Read related link on:

brainly.com/question/25356534

8 0

3 years ago

You go to the grocery store to buy a gallon of milk,expecting to pay $4.50 for it. Once you get there,you discover it is on sale

Digiron [165]

A.

Consumer surplus is the benefit consumers enjoy from consuming a product, and is measured by the difference between what they would normally pay (expecting to pay) and what they actually pay. Thusly, the 2 dollar difference is your consumer surplus.

5 0

3 years ago