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Marrrta [24]
3 years ago
5

Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi

ngs account. The interest rate on the loan is 8%, and the interest rate on his savings account is 2%.
What is Abdul's implicit cost?
Business
1 answer:
Mars2501 [29]3 years ago
7 0

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Receives a loan = $100,000

Withdraws = $50,000

Interest rate = 2%

So, we can calculate the implicit cost by using following formula:

Implicit cost = Withdrawal amount × Tax rate

By putting the value, we get

Implicit cost = $50,000 × 2%

= $1,000

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Ludmilka [50]

Given that: F (Future worth) = $2,500, i (nominal interest rate) = 0.12, compounded monthly = 12 months, years of investment = 1 year, and no. of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1). Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n (total number of compounding) = 1 x 12 = 12, since year of investment is equal to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get A=$197.12. Multiply by 20, you will get $3,942.44.

4 0
3 years ago
Which email message has a negative tone? (NEEDED SOON!!)
Shtirlitz [24]
The answer is C
“There’s nothing we can do about it”

A,B and D have a positive tone.
But C sounds kinda mean
8 0
3 years ago
The average-marginal rule states: a. when the marginal magnitude is rising, the average magnitude must also be rising. b. when t
lozanna [386]

Answer:

The correct answer is letter "C": when the marginal magnitude is below the average magnitude, the average magnitude falls.

Explanation:

The average-marginal value is an Arithmetic rule implemented in Economics that states that when the marginal value is above the average value, the average value tends to rise, In case the marginal value is below the average value, the average value tends to fall. The average value remains the same when it is equal to the marginal value.

5 0
4 years ago
Fisher Inc. wants to bring radical change to the current skills that exist in the organization, so they are going to employ ____
dalvyx [7]

Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.

<h3 /><h3>Change management</h3>

It is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.

The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.

Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.

Find out more information about growth strategies here:

brainly.com/question/15115779

4 0
2 years ago
Almost 80% of business owners are clueless about the competition, resulting in
Lesechka [4]

Answer:

The correct answer would be lost market share and customers.

Explanation:

When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.

6 0
4 years ago
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