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I am Lyosha [343]
3 years ago
7

On January 1, 2019, Eagle Company borrows $18,000 cash by signing a four-year, 9% installment note. The note requires four equal

payments of $5,556, consisting of accrued interest and principal on December 31 of each year from 2019 through 2022.
Prepare an amortization table for this installment note.
Business
1 answer:
sasho [114]3 years ago
8 0

Answer:

I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.

Download pdf
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The position that is in charge of keeping track of how caucus members are planning to vote and communicating leadership position
Andru [333]

In the given statement above, the one responsible of these duties and the roles that is played above are the Majority and the Minority Whips in the Senate as they are responsible of having to keep tract vote on the upcoming bills and communicating to the leaders in regards with legislative votes.

7 0
3 years ago
Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine
Georgia [21]

Answer: Undercapitalization

Explanation:

Undercapitalization is defined as the situation where a person or entity of any kind does not have sufficient funds or capital to run their business and pay the costs it has. This type of situation usually occurs when the business is not selling the necessary amount of products or services to generate the amount of income necessary to meet all the payments it has.

When an entity or business is undercapitalization, in many cases they have had to take measures such as downsizing, fewer materials to create the product, or ultimately, if none of this works, having to close the business.

4 0
3 years ago
The concept of ________ suggests that when a company has built significant value into its product offerings, trying to increase
Vinvika [58]

Answer:

diminishing returns

Explanation:

I'll provide you with a situation as an example.

Let's say that you are running a successful ice cream company. Typically, ice creams are made with dairy. This made a certain percentage of population couldn't consume it since they are lactose intolerant. (Basically eating dairy will give them diarrhea ).

There are not many people who have this condition. Let's say that you want to increase the value of your product and use the materials that makes your product become consumable to this specific population while maintaining the original taste.

This would resulted in a small amount  increase in customers base , but the investment that you need to make in order to make it happen will be substantial. You basically have to invest in researches to find the perfect ingredients, invest in additional marketing expense to educate the customers on the new product, change your current production flow, etc.

5 0
4 years ago
A total of 1000 units of a certain product must be completed by the end of the current week. It is now late Monday afternoon, so
Arturiano [62]

Answer:

7 workers will be required

Explanation:

We will define actual time required to do a job

= Standard time required for producing each unit x Worker efficiency (%)/100

= 11.65 x 115/100

= 13.3975 minutes

Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes

Therefore ,

Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975

Number of units to be produced = 1000 units

Therefore,

Number of workers required

= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days

= 1000 x ( 13.3975 /1920)

= 6.977 ( 7 rounded to nearest whole number )

8 0
3 years ago
Marisol, an HR manager at a technology firm, is entrusted with the task of hiring a member for a new team. She has already recei
sp2606 [1]

Answer: Recruitment

Explanation: In simple words, recruitment refers to the process of selecting the suitable employees within an organisation. It involves setting the criteria of selection, attracting the candidates and appointing them in the job they seem capable of.

In the given case, Marisol is hiring the employees and also evaluating the tasks to be performed in the new job.

Hence we can conclude that the correct option is B.

4 0
3 years ago
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