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Gelneren [198K]
3 years ago
10

Which of the following is an advantage of consumer credit?

Business
1 answer:
Ksivusya [100]3 years ago
8 0

D. It can allow you to save money if you time your purchases correctly.

For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).

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Rachel wants to display jewelry in her store window in a way that will attract customers. She wants the display to complement an
crimeas [40]
The answer is D because with a light background it would be more easier to see and more attractive
5 0
3 years ago
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You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamond
Gwar [14]

Answer:

sensitivity

Explanation:

A financial sensitivity analysis consists of analyzing the variables that influence decisions related to a business. That is, the dependent and independent variables are analyzed and how they will affect the economic results of a company.

This analysis is effective so that companies can make projections about how one variable is directly influenced by another according to the data found, assisting in the financial and economic decision-making process that will contribute to the profitability and positioning of the business.

7 0
3 years ago
A. Construct an amortization schedule for the $300,000 loan with a 2.2% interest rate compounded monthly. The loan will be paid
Gala2k [10]

Answer:

since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them

Explanation:

in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 153.1964438 = $1,958.27

we use the same formulas for the second question:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 246.54977 = $1,216.79

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
7 0
3 years ago
The​ ________ model of management describes the five traditional functions of managers as​ planning, organizing,​ coordinating,
Goryan [66]

Answer:

Henri Fayol Model (1841-1925)

Explanation:

Three models are explained below:

  1. Henri Fayol Model put forth an argument that management in their everyday routine carries our five major functions which are Planning, Organizing, Commanding, Coordinating, and controlling.
  2. Contemporary Model which involves planning, leading, organizing and controlling operations to achieve organizational goals.
  3. Systemic Model which relates the core management functions to different characteristics of a system
7 0
3 years ago
Clybourne Cycle Shop has two retail departments referred to as Cycles and Clothing. Utility expense for a recent month totaled $
Gelneren [198K]

Answer:

A) $1,200

Explanation:

The computation of the allocated amount to the clothing department is shown below:

= Total utility expense × Clothing Department square feet ÷ Total square feet

where,

Total square feet would be

= Clothing Department square feet + Cycles department square feet

= 600 + 900

= 1,500

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $2,000 × 900 ÷ 1,500

= $1,200

3 0
2 years ago
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