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zaharov [31]
4 years ago
6

Your business plan calls for utilizing a computerized lathe. The lathe costs $12,000. If you borrow the money to buy it, you wil

l pay 6% interest per year on the borrowing. How much will the interest be in the first year?
Business
1 answer:
OLEGan [10]4 years ago
3 0
If you borrow $12,000 at the interest rate of 6% for 1 year.
you monthly payments add up to $1,032.80 the total of 12 payments add up $ 12,393.57
a total interest rate price comes out to $393.93
this means that it went up 3% in one year.
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How many countries are in stage 2 and 3 of demographic transition?
myrzilka [38]

 

The transition to Stage 2 is still a comparatively recent phenomenon in human history. Not until the Industrial Revolution did the first countries make the transition from Stage 1 to Stage 2. Still, there are a sum of countries that continue in Stage 2 of the Demographic Transition for a range of social and economic reasons, including much of Sub-Saharan Africa, Guatemala, Nauru, Palestine, Yemen and Afghanistan.

 

Countries making the transition to Stage 3 all have some relative steadiness – economic, social or political. It has been discussed whether or not these factors influence birth and death rates or if birth and death rates influence a country’s development. Regardless, stable population growth provides important advantages for a country, offering opportunities to strengthen its economy as a noticeable number of its citizens will be in their working years. As such, Stage 3 is often watched as a marker of significant development. Examples of Stage 3 countries are Colombia, Botswana, India, Jamaica, Kenya, South Africa, Mexico, and the United Arab Emirates, just to name a few.

7 0
3 years ago
Suppose that the demand for toilet paper is highly inelastic, and the supply of toilet paper is highly elastic. A tax of $0.10 p
Julli [10]

Answer:

B. less than $0.05.

Explanation:

As the supply is elastic the burden of tax will be borne more by the buyer rather than producer. Therefore, more than half the tax is borne by buyer and less than half the tax is borne by the supplier. Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price or income changes.

5 0
3 years ago
Schwimmer Corp. has a beta of 1.5. The prevailing risk-free rate is 5 percent and the annual market return in recent years has b
Gennadij [26K]

Answer:

Here the required rate of return is 14%.

Explanation:

Required rate of return can be defined as the minimum rate of return that an investor will accept for holding a company's stock, as a compensation for the risk which is associated with that stock. This concept is also used in corporate finance , where with the help of this profitability of an investment project is analyzed.

Formula for taking out required rate of return is -

Required rate of return = Risk free rate + Beta ( Market return - Risk free rate )

= 5% + 1.5 ( 11% - 5% )

= 5% + 1.5 ( 6%)

= 5% + 9%

= 14%

7 0
4 years ago
Read 2 more answers
What steps can I use to set saving easier?
Akimi4 [234]
Record your expenses. The first step to start saving money is to figure out how much you spend. ...
Budget for savings. ...
Find ways you can cut your spending. ...
Decide on your priorities. ...
Make saving automatic.
6 0
3 years ago
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2021 year-end inven
docker41 [41]

Answer:

Product category        units           cost          NRV   year-end inventory

Tools:

  • Hammers             120            <u>$5.50</u>        $6.00            $660
  • Saws                    250           $10.50       <u>$9.50</u>          $2,375
  • Screwdrivers       350            <u>$2.50</u>        $3.10             $875

Paint products:

  • 1-gallon cans       550            $6.50        <u>$5.50</u>         $3,025
  • Paint brushes      120             <u>$4.50</u>        $5.00            $540

1) carrying value of year-end inventory:

Tools:                        

  • Hammers               $660
  • Saws                    $2,375
  • Screwdrivers          $875
  • sub-total               $3,910

Paint products:        

  • 1-gallon cans      $3,025
  • Paint brushes        $540
  • sub-total             $3,565

Total                            $7,475

2) adjustment to tools:

Dr Cost of goods sold 250

    Cr Inventory: tools 250

adjustment to paint products:

Dr Cost of goods sold 550

    Cr Inventory: paint products 550

or total adjustment to inventory account:

Dr Cost of goods sold 800

    Cr Inventory 800

5 0
3 years ago
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