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2 years ago

When referring to student loans, what is a grace period?

1 answer:

3 0

<span>student loans will offer a six month grace period after a student/ borrower leaves the school, interest on the loans will add to the cost of the loans on top of what you already owe</span>

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Hutch Inc., a software company, uses an approach in which software developers and programmers interact directly with customers.

dimaraw [331]

Answer: c. Agile

Explanation: The agile approach involves a technique for iterative and incremental development of software and it involves collaboration between teams. The team of programmers and software developers interacting directly with customers and developing samples based on their requirements, and adjusting those samples based on their feedback which results in lesser time spent on contract negotiation and documenting processes shows that Hutch Inc. is employing agile methods.

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3 years ago

The policy makers of Country LT have noticed a steady increase in grain prices over the last several years. The increase in pric

larisa [96]

If I were a policy maker in Country LT, I would create a regulatory policy that allowed the grain producer to make as much in profit as possible, but still protect consumer needs. The company would be required to create various smaller companies, each selling different types and quality of grain for varying prices. This would preserve the ideals of free enterprise, encourage competition within the market, and help to keep food costs down for consumers.

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2 years ago

Read 2 more answers

"A new machine, with a 4-year life, has an initial cost of $1,200 and annual costs of $380. The equivalent annual cost of this m

Oksana_A [137]

Question

A new machine, with a 4-year life, has an initial cost of $1,200 and annual costs of $380. The equivalent annual cost of this machine is best described as the"

Assuming an interest rate of 10%

Note the interest rate was added by the tutor

Answer:

Equivalent Annual cost = $758.56

Explanation:

The equivalent annual cost is the present value of cost of the new machine divided by the annuity factor.

PV of annuity cost = A× 1- (1+r)^(-n)/r

A- 380, r- 10% n- 4

PV of annual cost = 380 × (1- 1.1^(-4))/0.1=1,204.55

PV of total cost = 1,204.55 + 1,200 = 2,404.55

Equivalent annual cost = PV of cost /Annuity factor

Annuity factor =(1- 1.1^(-4))/0.1 = 3.1699

Equivalent Annual cost = 2,404.55 / 3.1699 = $758.5649

Equivalent Annual cost = $758.56

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3 years ago

The Assembly Department started the month with 24,900 units in its beginning work in process inventory. An additional 309,900 un

OleMash [197]

Answer:

304900 units should be transferred to the next processing department during the month.

Explanation:

Work in process : As a name suggest, the Work in process (WIP) is a process in which the work is in under processing or we can say it is not 100 % completed. It can be incomplete in any cycle .

It includes various cost like - direct material , direct labor, overhead, etc.

To find out how much units is to be transferred, the following equation is used which is shown below.

= Opening Work in process inventory + Purchase of inventory - closing work in progress inventory

= 24,900 units + 309,900 units - 29,900 units

= 304900 units

Thus, 304900 units should be transferred to the next processing department during the month.

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3 years ago

Company A entered the production of office software before its competitors. Because of this, the company's products are more fam

Vera_Pavlovna [14]

Answer:

First Mover Strategy.

Explanation:

First Mover strategy is referred to denote such a company's strategy, which is the first one to enter the market before any of its competitors. This gives an advantage to the company, as such companies are identified easily by its customers. Therefore, the answer is 'First mover strategy.'

3 0

2 years ago