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uranmaximum [27]
3 years ago
10

When revising a budget, it is important to make choices that allow you to continue money.

Business
1 answer:
statuscvo [17]3 years ago
4 0

Answer:

saving

Explanation:

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The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this pro
Mrac [35]

Answer:

mhm yeah

Explanation:

4 0
3 years ago
One source of life and health insurance underwriting information is an organization that life and health insurance companies can
Flauer [41]

This organization is called <u>"Medical Information Bureau (MIB)".</u>


The Medical Information Bureau is an organization, particularly an enrollment enterprise, who gathers data about health and life coverage candidates.  

The objective of the organization is to help with the endorsing procedure, by giving a way to confirm the data gave in health and life insurance applications.  

Over time, the MIB and the data they give has turned into the standard utilized by life coverage organizations to survey chance while evaluating rating classes to new customers.

6 0
3 years ago
A broker's listing agreement specifies that a 5½% commission is to be paid on the sale price. The sales associate for the firm
tino4ka555 [31]

The amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.

Sales associate's commission

First step  find the total commission

Total commission=$369,000 sale price × .055 rate

Total commission= $20,295

Second step find the sales associate's commission

Sales associate's commission=$20,295 total commission × .55 split

Sales associate's commission=$11,162.25

Inconclusion the amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.

Learn more about sales associate's commission here:brainly.com/question/930797

5 0
2 years ago
Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities.
storchak [24]

Answer:

Ans. your monthly payment, for 30 years is $9,257.51 if you buy a property worth $1,000,000 and you make a down payment of $100,000

Explanation:

Hi, first we have to change the fixed rate in terms of an effective monthly rate, which is 1% effective monthly (12% nominal interest/12 =1% effective monthly). After that, take into account that the property is going to be paid in 30 years, but since the payments are going to be made in a montlhly basis, we have to turn years into months (30 years * 12 = 360 months).

After all that is done, all we have to do is to solve the following equiation for "A".

PresentValue=\frac{A((1+r)^{n} -1)}{r(1+r)^{n} }

Where:

A= Annuity or monthly payment

r= Rate (effective monthly, in our case)

n= Periods to pay (360 months)

Everything should look like this.

900,000=\frac{A((1+0.01)^{360} -1}{0.01(1+0.0.1)^{360} }

900,000=A(97.2183311)

\frac{900,000}{97.2183311} =A

A=9,257.51

Best of luck.

6 0
3 years ago
A manager that primarily focuses on the shareholders of the corporation rather than all of the vested parties in the businesses
liberstina [14]

Answer: Shareholder theory

Explanation: As per the shareholder theory, the manager focuses all his or her efforts on the profit maximization of the shareholders of the company. A manager following shareholder theory will not be much concerned about the other stakeholders of the organisation. The benefit to shareholders could be provided either by increase in share price or as heavy distribution of dividends.

Hence, the correct option is D.

5 0
3 years ago
Read 2 more answers
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