Answer:
The principal balance is $151,573
Explanation:
For computing the principal balance, we need the following calculation which is shown below:
1. First we have to compute the 1 month interest payment which equals to
= Note amount × rate × 1 month ÷ total months in a year
= $152,000 × 14% × 1 ÷ 12
= 1773.33
2. Now deduct the first month interest from installment amount which equals to
= Installment amount - Interest amount
= $2,200 - $1773.33
= $426.67
3. Now subtract step 2 amount from notes amount which equals to
= Notes amount - principal amount
= $152,000 - $426.67
= $151,573.33
Hence, the principal balance is $151,573
It’s Usually Referred As organization and implementation of a complex operation.
Answer:
The correct answer is letter "B": customs broker.
Explanation:
A customs broker is a specialist in customs legislations of different countries that help to assess companies in the process of exporting goods. According to every country, customs brokers have licenses to operate which allows them to act as intermediaries representing companies that hire them to secure and expedite the products leave the country of origin in proper conditions.
The U.S. Customs and Border Protection (CBP) is the agency in charge of regulating customs brokers.
If the materials price variance is favorable but the materials quantity variance is unfavorable is combination of variances may indicate that inferior quality materials were purchased at a discounted price, but the low-quality materials created production problems.
Price and quantity variances move in the same direction. If one is favorable the others will be as well. This is because there is a direct relationship between price and quantity. If one is favorable the other is likely to be favorable and if one is adverse the other is likely to be adverse.
An unfavorable materials quantity variance indicates that: actual usage of material exceeds the standard material allowed for output.
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Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.
<h3>What is perfectly competitive market?</h3>
Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.
The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.
Thus, the situation is of perfectly competitive market.
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