Answer:
Type of loan <u>credit card</u> unsecured loan <em>retail financing</em>
Features/benefits <u>miles toward travel; no fixed maturity date</u> no collateral is necessary; no fixed maturity date <em>no payment due for the first six months
</em>
Costs <u>interest rate of 11 percent</u> interest rate of 10 percent <em>interest rate of 17 percent
</em>
Risks <u>can rack up debt quickly; penalties for late or missed payments </u><em>relatively little risk to the consumer</em> <em>
must be paid off in five years
, the minimum payments with interest are extremely high</em>
Explanation:PLATO ANSWER
Credit card info is underlines
Unsecured loan is bold
retail financing is in italics
Holding all else equal, will increasing the efficiency units of labor lead to sustained growth? Why? Yes, although it will lead to sustained growth only if individuals learn the correct skills as determined by the type of physical capital available.
Answer:
Explanation:
Expertise in accountancy, marketing, or personnel management.
Answer:
630,000 units and 678,000 units
Explanation:
The computation of the equivalent units for material cost and for conversion cost is shown below:
For material cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 0%
= 630,000 units + 0 units
= 630,000 units
For conversion cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 40%
= 630,000 units + 48,000 units
= 678,000 units
Answer: Length of time it takes for the project to recover its initial cost from the net cash inflows generated
Explanation:
A Payback period like the term implies is simply how long it will take to pay back the original investment.
Going further it is how long it will take to pay back the original investment from the cash inflows that the project will generate.
For example, if a project costs $200 to initiate and each year has cash inflows of $50 dollars every year then all else being equal, the initial capital should be paid off in 4 years.
4 years in this scenario is the Payback Period.