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blondinia [14]
3 years ago
6

Fees associated with buying and finalizing your loan are known as _____.

Business
2 answers:
yuradex [85]3 years ago
4 0

Answer:

Closing cost

Explanation:

zubka84 [21]3 years ago
3 0
Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.
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Myopic behavior occurs when a manager takes actions that improve budgetary performance in the short run but bring long-run harm
siniylev [52]

Answer:

The correct answer is letter "A": Promotion of deserving employees.

Explanation:

Myopic behavior is the result of top executives being under the pressure of meeting performance objectives in the short-run. Managers tend to cut expenses in an attempt of increasing earnings but this usually by shortening operations of the business.

<em>Avoiding to promote employees who deserve it is an example of myopic behavior practices. Increasing workers' salaries is not convenient for entities that want to achieve their performance goals.</em>

7 0
3 years ago
The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
Maslowich

Answer:

The correct answer is:

5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)

Explanation:

to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:

% change = \%\ change = \frac{P_2 - P_1}{P_1} \times 100\\where:\\P_1 = initial\ price\ index\\P_2 = New\ price\ index\\for\ first\ and\ second\ years\\\therefore \%\ change = \frac{142.5 - 150}{150} = \frac{-7.5}{150}= -0.05  \times 100 = -5\%\\

Note that the negative sign shows a deflation.

if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.

7 0
3 years ago
If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

6 0
3 years ago
Assume a firm faces these costs: total cost of capital $4,000; price paid for labor = $20 per labor unit; and price paid for raw
insens350 [35]

Answer:

A) total cost = (200 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital = $12,000

average total cost per unit = $12,000 / 2,000 units = $6 per unit

B) new total cost = (100 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital =  $2,000 + $4,000 + $4,000 = $10,000

average total cost per unit = $10,000 / 3,000 units = $3.33 per unit

C) When process innovation occurs, total productivity and efficiency increase, decreasing the average cost per unit. In this case the total cos decrease, but even if total costs do not decrease, higher efficiency and productivity can be achieved by production more units at the same total costs. Process innovations, usually related to new technologies, are responsible for the greatest increases in productivity and efficiency which result in higher economic output and growth.

7 0
4 years ago
Which financing option has the highest overall costs?
katrin2010 [14]

<u>Equity financing has the highest overall cost. </u>

Further Explanation:

The financing options that are available to the company are equity and debt. Equity  Financing refers to the issue of equity shares to the public. Debt refers to the loan taken by the company from the public or any financial institutions. The equity shareholders have the right to vote in general meetings while the debt holder does not have any such rights.

The equity shareholders are also entitled to receive dividends while debt holders are entitled to receive the interest regardless of whether the company is having a profit or not. The interest paid to debt-holders is deducted from the net profit before any tax is charged. The interest reduces the taxable income while the dividend is calculated on net profit after tax. Thus, the cost of using debt finance is lower as the amount which is paid as the interest is charged against the tax.

<u>Therefore, Equity financing involves a higher cost than Debt financing. </u>

Learn more:

1. Learn more about raising the equity

brainly.com/question/7854996

2. Learn more about the problem related to equity theory

brainly.com/question/3771927

3. Learn more about the short-term financial goals

brainly.com/question/2451748

Answer details:

Grade: Senior School

Subject: Financial Management  

Chapter: Cost of Capital

Keywords: Equity financing, the highest overall cost, debt financing, financing options, capital, business, shareholder’s fund, loan, financial management, raise, issue.

4 0
3 years ago
Read 2 more answers
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