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FinnZ [79.3K]
4 years ago
6

A local bank’s advertising reads: "Give us $45,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve

r, what annual interest rate will you earn on your deposit?
Business
1 answer:
m_a_m_a [10]4 years ago
3 0

Answer:

1.78%

Explanation:

The computation of the annual interest rate earn is shown below:

= Every year payment ÷ Present value × 100

= $800 ÷ $45,000  × 100

= 1.78%

We simply divide the every year payment by the present value so that the correct annual interest rate can come

So, we consider all the information which is given in the question

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"If you do not call on your accounts at least once a week, you will lose your job," is an example of which influence strategy?
ki77a [65]

Answer:

Threats

Explanation:

This is the influence strategy known as threats. Influence strategies can be as a result of threats, manipulation, promises, persuasions and relationships. These are particularly popular with sales representatives, managers, parents, etc.

Threats

In a strategy based on threats, a manager might want a desired behavior and the ounishment that will be given if the desired result is not accomplished. Threats are normally used as a last result.

7 0
4 years ago
Wildhorse Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis
Fiesta28 [93]

Answer:

. If Wildhorse’s tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?

Answer is 0.

Explanation:

The answer is 0 because it has not impact in the accumulated value of the bad debts expenses.

The impact is in the current year of 2020 on the estimated value of $132,000 that will be reported as bad debt expenses but there is no impact in the accumulated value becasue it only has an impact in the current estimation.

7 0
3 years ago
If the contribution margin is not sufficient to cover fixed expenses:.
Elan Coil [88]

If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

<h3>What is a Contribution Margin?</h3>

The contribution margin can be expressed in gross income terms.  After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.

The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.

This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.

Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

Learn more about contribution margin here:

brainly.com/question/24881206

7 0
2 years ago
Kenya makes sure that her company uses available technologies to listen to what people are saying. which strategy is kenya using
likoan [24]
Given that <span>Kenya makes sure that her company uses available technologies to listen to what people are saying.

The strategy Kenya is using to respond to negative​ criticism monitor the conversation</span>.
5 0
4 years ago
As a farmer, Gary Forsythe is familiar with the economics of perfect competition. How is the price at which he sells his corn de
Svetlanka [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) ​It is determined by Gary because he has a product that many people want.

b) ​The price is determined by combining the actions of all buyers and all sellers together.

c) ​The price he will receive is primarily determined by a few buyers at the local grain bin.

d) ​The government sets the price of the corn to level the playing field for everyone.

e) ​The price will be approximately 25 percent higher than what other farmers are selling the same corn for because Gary is an astute businessperson.

And the correct answer is the option B: The price is determined by combining the actions of all buyers and all sellers together.

Explanation:

To begin with, the structure of market known as <em>''perfect competition"</em> is considered to be the one in where the price of the product is determined by the interaction between all the buyers and sellers of the market due to the fact that there is huge amount of them and the product that is being sell is homogenous so that means that there is no difference between buying to one or other producer. That is why that the sellers and buyers are known as "price-takers".

5 0
4 years ago
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