Answer:
The monthly loan payment is:
= $531.18
Explanation:
a) Data and Calculations:
Cost of a car financed by a local bank = $25,000
Period of loan = 5 years (60 months)
Interest rate = 10%
The monthly loan payment is calculated from an online financial calculator:
Auto Price 25000
Loan Term 60
months
Interest Rate 10
Down Payment 0
Monthly Pay: $531.18
Total Loan Amount $25,000.00
Upfront Payment $0.00
Total of 60 Loan Payments
$31,870.57
Total Loan Interest $6,870.57
Total Cost (price, interest, tax, fees) $31,870.57
Answer:
Entrepreneurs who start businesses because they cannot find work any other way are______.
4. Corporate cast-off
Explanation:
Corporate cast-off includes former corporate executives who were laid off from their corporate positions as a result of corporate downsizing. Not finding any other corporate employment, they decide to establish their own businesses, using their saved resources and borrowings. They now constitute a sizeable number of small businesses, which eventually grow to medium-sized corporations. Some of them engage in consultancy services depending on their areas of specialty.
Answer:
Generally speaking, there are five functions of Management. They are:
- Setting Objectives
- Planning
- Execution
- Measurement
- Control
The two functions of management identifiable from the passage are:
- The setting of Objectives and
- Control
Explanation:
Objectives in business are multilateral in nature. They speak to
- Identifying where the company wants to go
- How the company is going to get there
- Who the company will need to get there and
- What the company will need to get there
In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives
It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.
With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.
It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.
We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.
This is an example of the Control function of management.
Cheers!
Answer:
Ending inventory cost= $599
Explanation:
Giving the following information:
June 1 150 units $ 390 (2.6)
June 10 200 units 585 (2.93)
June 15 200 units 630 (3.15)
June 28 150 units 495 (3.3)
Ending inventory in units= 200
<u>To calculate the ending inventory, first, we need to calculate the average price:</u>
Average price= (2.6 + 2.93 + 3.15 + 3.3) / 4= $2.995
<u>Now, the ending inventory:</u>
Ending inventory= 2.995*200
Ending inventory= $599
Answer:
a. help organize the roles, responsibilities and accountabilities for risk management and risk mitigation.
Explanation:
Domain connects remote users to the organization network. It helps host to define the access to specific user. Domain holds all the critical information and data in the system. It defines the roles and responsibilities for risk mitigation.
