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Anuta_ua [19.1K]
3 years ago
13

Types of current assets

Business
1 answer:
miskamm [114]3 years ago
8 0
Cash in hand
Cash in bank
Cash advance
Short term loans
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You need $20,000 to purchase a used car. Your wealthy uncle is willing to lend you the money as an amortized loan. He would like
Serga [27]

Answer:

The annualy payment for theamortized loan is $6,802.44

Explanation:

First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:

TP = $20,000 *(1+8%)^4

TP = $20,000 *(1.08)^4

TP = $20,000 *1.3605 = $27,209.7

The annual payments AN is obtained by dividing the TP into the 4 years:

AN  = $27,209.7 / 4 = $6,802.44

4 0
3 years ago
Bob is a summer intern in an office. His boss asks him to organize a storage room filled with old contracts that must be held fo
Nutka1998 [239]

Answer:

The correct answer is (d) email.

Explanation:

Email is a form of written communication between people through digital tools. Also called email or e-mail (for its meaning in English electronic mail), it is one of the most popular means of digital communication and can be used by anyone who has access to the internet.

In this case, Bob must use a means of communication that ensures that he will not interrupt his boss's meeting. In addition, it is practical because an immediate response can be given without having to pass authority filters.

4 0
3 years ago
What business messages are better organized directly, and which is better organized indirectly?
Karo-lina-s [1.5K]

Generally speaking, a business message expressing negative news (reader will react negatively) should be organized indirectly. The message should be delivered among other information and should not stand out. This is only appropriate if it is practical to deliver the message in this way (immediate action is not required). A more positive message should be prominent in the communication and expressed in a more direct way, since it is assumed that the reader will react positively. 

7 0
3 years ago
How does price discrimination help cover fixed costs?
Svetradugi [14.3K]
For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
3 0
3 years ago
LO 8.5Which of the following is a possible cause of an unfavorable labor rate variance?
riadik2000 [5.3K]

Answer:

hiring higher-quality workers at a higher wage

Explanation:

Possible causes of unfavorable labor rate variances include:

An increase in pay for employees.

Working overtime hours paid at a premium above the basic rate.

Using direct labor employees who were more skilled and experienced than the ‘normal’ and who are paid  more than the standard rate per hour (adverse rate variance).

Based on the above discussion, the answer is hiring higher-quality workers at a higher wage

6 0
3 years ago
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