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Andrej [43]
3 years ago
12

A homeowner has a ten‑year home-improvement loan for $36,875. What are the annual payments required by the loan if the annual ra

te of interest is 4 percent

Business
1 answer:
neonofarm [45]3 years ago
4 0

Answer:

$4,546.35

Explanation:

We use the PMT formula that is to be presented in the attachment. kindly find out below:

Provided that,  

Present value = $36,875

Future value or Face value = $0

Rate = 4%

NPER = 10 years

The formula is shown below:  

= -PMT(Rate;NPER;PV;FV;type)  

So, after solving this, the annual payment required is $4,546.35

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Callers should not be left on hold for longer than ________ minute(s). one two three four
balu736 [363]
<span>If an organization or an agency wants to be considered proper and reliable service center it must make sure that callers should not be loft on hold any longer than one minute. The service agent should be prompt with the replies and the solutions for the issues raised by the consumers.</span>
3 0
3 years ago
Managers in a home improvement company have been having problems with employees starting cliques. To develop more of a team cult
arsen [322]

Answer: Option D

Explanation: Mary Parker believed that management is the art of making people do things you want. To achieve this both senior and subordinates should work in collaboration.

In the given case, the employees in the organisation are starting cliques, that is they are not accepting the outsiders and are not communicating with them. Thus, if the employees develop an attitude that they are a community then they could collaborate with each other.

Hence from the above we can conclude that the correct option is D.

3 0
3 years ago
Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer
Likurg_2 [28]

Answer:

a) Ownership rights cannot be easily transferred. - True

b) Ownership rights cannot be easily transferred.  - False

c) Owners have unlimited liability for corporate debts.  - False

d) Capital is more easily accumulated than with most other forms of organization.  - True

e) Corporate income that is distributed to shareholders is usually taxed twice.  - True

f) It is a separate legal entity. It has a limited life.  - False

g) Owners are not agents of the corporation. - True

Explanation:

A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.

The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.

The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.

5 0
3 years ago
What is the difference between hazard insurance and homeowners insurance
MariettaO [177]

Answer:

The difference between the two is that Hazard insurance can cover you and or protect you against "structural damage caused by natural disasters".

Meanwhile Homeowners insurance is "a financial protection against theft"...

So, long story short,

Hazard insurance=protection from natural disasters (structural damage)

Hazard insurance=protection from natural disasters (structural damage)Homeowners insurance=protection against theft and damage to your home and belongings

I hope this helped!!

6 0
3 years ago
Liabilities are shown on the:__________a. statement of changes in stockholders' equity.b. balance sheet.c. income statement.d. s
Zarrin [17]

Answer:

. balance sheet.

Explanation:

Liabilities are debts a business or an individual owe to other parties. It is money owed to creditors.  Liabilities are financial obligations that an enterprise incur in the course of doing business. The obligations or debts have to been paid; hence they should be appropriately indicated in the financial records.

Liabilities are recorded in the balance sheet statement. A balance sheet indicates the financial status of a company by showing its assets and how they are financed. The balance sheet is prepared by followed the equation of assets equals liabilities plus equity.  It lists the assets on one right side,  while liabilities and equity appear on the left.

5 0
3 years ago
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