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mote1985 [20]
4 years ago
5

As a small business owner, you need to set up an office in your house. You estimate it will cost $6000 to buy furniture and supp

lies. Calculate the simple interest for one year if you used the following methods of credit to make these purchases: (a) retail credit card 24 percent, (b) universal credit card 17 percent, and (c) term loan 8 percent.
Business
1 answer:
son4ous [18]4 years ago
7 0
A) 6000 X .24 X 1= $1,440

B) 6000 X .17 X 1= $1020

C) 6000 x .08 x 1= $480
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I am buying a firm with an expected perpetual cash flow of $1,000 but am unsure of its risk. If I think the beta of the firm is
Nitella [24]

Answer:

$15,000

Explanation:

Value of a perpetuality = cash flow / r

According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)

4 + 0 (10 - 4) = 4

1,000/ 0.04 = 25,000

4 + 1 (10 - 4) = 10

1000 / 0.1 = 10,000

25,000 - 10,000 = 15,000

8 0
3 years ago
John worked 43 hours last week. His hourly rate is $9.00. He has the following deductions taken from his pay: Social Security ta
DochEvi [55]

Net pay is calculated by subtracting deductions from Net Pay.

In this case:

Gross Pay is 40 hours X $9/hr (regular pay) PLUS 3 hours X (13.50 -- 1.5 times the normal pay) for overtime

Once you have Gross Pay, you multiply that by the percentages given for the deductions and subtract that total from Gross Pay.

One note, in this case, federal taxes are not withheld from the amount given to 401(k). So to figure the taxes you would:

(Gross Pay - 401(K) contribution) X 10%

Gross Pay - deductions = net pay

4 0
4 years ago
A _____ is a document that outlines specific information about your proposed business, including product, location, and marketin
Ann [662]

Answer:

Business plan.

Explanation:

A business plan is a structured document that contains company goals, strategies, product and market details, and plans for every major aspect of the company.

7 0
4 years ago
Read 2 more answers
A salesperson who calls phone numbers from a purchased list of new parents and asks, "Have you been considering the purchase of
SCORPION-xisa [38]

Answer: Prospecting stage

Explanation:

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The prospecting stage is basically refers to the database, social contacts, various types of trading show that are used for locating the potential consumers according to the requirement.

Therefore, Prospecting stage is the correct answer.

5 0
3 years ago
Answer the question on the basis of the demand and cost data for a pure monopolist. The profit-maximizing price for the monopoli
RSB [31]

From the information provided, the profit-maximizing level of output will be 5 units (Option C)

<h3>What is a pure monopolist?</h3>

A market structure known as a pure monopoly occurs when there is only one supplier of a product, and there are no reasonably priced alternatives. Pure monopolies are not common.

<h3>What is the explanation for the above?</h3>

When marginal cost and marginal revenue are equal, a monopolist produces that level of output (MC=MR). This is the output that maximizes profit.

If MC > MR, then the monopolist creates an output level where the most recent output costs less than it generates income.

To put it another way, the monopolist creates the final output when marginal revenue exceeds marginal cost.

Because it will cut into the monopolist's profits, the company won't produce a good where the marginal cost is higher than the marginal revenue.

Learn more about pure monopolist:
brainly.com/question/24175438
#SPJ1

Full Question:

Answer the question on the basis of the provided demand and cost data for a pure monopolist.

The profit-maximizing level of output will be

A) 4 units.

B) 7 units.

C) 5 units.

D) 6 units.

Download xlsx
7 0
2 years ago
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