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3 years ago

Determine whether each consequence of poor financial decisions is an initial consequence or a long-term

Business

2 answers:

Elena L [17]3 years ago

6 0

Answer:

initial consequence: extra fees

long-term consequence: higher payments on future loans, higher interest rate, difficultly getting new loans

Explanation:

kaheart [24]3 years ago

5 0

Where are the consequence examples? Need more context to answer this question

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From 2004 to 2006 the Fed raised the federal funds rate gradually in a series of steps. The Fed's purpose was to raise the prime

zheka24 [161]

It’s c: high inflation rates would fall.

8 0

2 years ago

Consumers affect which goods and services are produced because they

Rasek [7]

Consumers affect which goods and services are produced because they are the primary purpose why businesses offer goods and services in the first place. The market is difficult to estimate because it is highly dependent on the whims of the consumers. So, if the trend suggests that a certain type of goods is not anymore socially famous, then consumers would stop patronizing them. In the end, businesses would have to find more ways to innovate so as to keep up with the consumers' interests.

8 0

3 years ago

You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 30-year mortgage for 80 percent of the $

Setler [38]

Answer:

a) 7.2%

b) 7.46%

Explanation:

the loan's principal = $3,200,000 x 80% = $2,560,000

first monthly payment = $17,300 x 360 payments = $6,228,000

total interests charged = $6,228,000 - $2,560,000 = $3,668,000

using a financial calculator:

n = 360

payment = -17,300

present value = 2,560,000

monthly APR = 0.6% x 12 months = 7.2%

effective annual rate = (1 + i/n)ⁿ - 1 = (1 + 0.072/30)³⁰ - 1 = 7.46%

5 0

3 years ago

Baker Corporation has provided the following production and total cost data for two levels of monthly production volume. The com

kipiarov [429]

Answer:

$1,078,560

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material + direct labor + manufacturing overhead cost

where,

Direct material = cost of 6,000 units × (estimated units ÷ given units)

= $194,400 × (6,300 units ÷ 6,000 units)

= $204,120

Direct Labor = cost of 6,000 units × (estimated units ÷ given units)

= $74,400 × (6,300 units ÷ 6,000 units)

= $78,120

Manufacturing overhead = cost of 6,000 units × (estimated units ÷ given units)

= $758,400 × (6,300 units ÷ 6,000 units)

= $796,320

Now put these values to the above formula

So, the value would equal to

= $204,120 + $78,120 + $796,320

= $1,078,560

6 0

3 years ago

A small factory produces toilet paper. The annual demand is 360,000 units, and the company produces toilet paper in batches. On

Valentin [98]

Answer:

26,833 units

Explanation:

Optimal production quantity is the quantity at which business incur minimum cost. This is the level of production per batch where the incur the lowest cost.

EOQ =

C = Carrying cost = 10 / 100 = $0.1 per unit

S = Setup cost = $100

D =Annual Demand = 360,000

EOQ = $\sqrt{ \frac{2 X S X D}{C} }$

EOQ = $\sqrt{ \frac{2 X 100 X 360000}{0.1} }$

EOQ = 26,833 units

7 0

2 years ago