Answer:
Traditional financial guidelines suggest that your home should cost about five times your annual income
Explanation:
Renting an apartment would be less costly initially till the point present value of rental payments equals the purchase cost of the apartment, beyond which such an alternative turns costly.
Individuals need to decide whether to rent or buy in the light of financial factors, lifestyle preferences, etc. Financial factors relate to the availability of finance to fund buying and how steady the finance could be in next few years.
The property owner is eligible for tax deductions with respect to interest payable on home loan and property taxes paid during the period. Such deductions are not available to the tenant.
Juniper Bush Farm has a December 31 fiscal year end. The company has six notes payable
outstanding on December 31, 2014, as follows:
i. A nine-month, 5%, $25,000 note payable issued on July 1, 2014. Interest is payable
monthly on the first day of each month starting on August 1.
ii. A six-month, 4%, $10,000 note payable issued on September 1, 2014. Interest and
principal are payable at maturity.
iii. A seven-month, 4.5%, $40,000 note payable issued on November 1, 2014. Interest and
principal are payable at maturity.
Answer:
Explanation:
Total unit product cost = $36
If purchased from outside, then fixed costs will be only $15 because 25% of 20 will be reduced.
So, if purchased from outside,
Total unit cost = 24 + 15
Total unit cost = $39
So, it is more when purchased from outside. Total operating income will decrease by = 8,000 * (39 - 36) = $24,000
Answer:
Product quality guarantee
Explanation:
The aim of total quality management (TQM) is to offer good quality products by reducing or eliminating errors in the products. TQM holds every person involved in the production process accountable for ensuring product quality.
By adopting TQM, e-commerce company will be able to reduce replacement cost as it helps in improving manufacturing processes, thereby improving customer satisfaction.