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Luba_88 [7]
3 years ago
9

Serena, a bank manager at the United Front Bank, heads the business loan department. She wants to communicate to all of the bank

’s long-term customers that interest rates on business loans are increasing by a full percentage point. Which of the following guidelines should Serena follow while communicating this bad news?
(a)- She should use specific and simple language.
(b)- She should use specific and harsh language.
(c)- She should use complex language.
(d)- None of these
Business
1 answer:
Dmitrij [34]3 years ago
3 0

Answer:

(a) She should use specific and simple language.

Explanation:

The communication is the two-way process through which the sender and the receiver can communicate/ talk with each other. It is an exchange of ideas and information. It can be done in verbal or non verbally form.  

There are various modes of communication like - telephonic, emails, messaging, face to face, etc.  

In the given situation, the Serena should use the specific and the simple language while communicating this bad news so that everyone can listen properly, and the chances of argument and the aggressiveness of the people would be less occur.  

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Specialization:
AysviL [449]

Answer:

Specialization can lead to an increase in overall production

Explanation:

We specializes in something we are skilled at and will become better at and so we will be able to produce more of that goods and services

8 0
3 years ago
Surreal Corp. has borrowed to invest in a project. The loan calls for a payment of $17,500 every month for three years. The lend
Marianna [84]

Answer:

The rate at which to discount the payments to find sum borrowed is 12.68%

Explanation:

The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:

Effective annual rate = (1 + Quoted interest rate/m)^m - 1

quoted interest rate is 8.40

m is the number of months in a year when compounding is done which is 12

effective annual rate=(1+8.40%/12)^12-1

effective annual rate=(1+0.01)^12-1

effective annual rate=(1.01)^12-1

effective annual rate=1.12682503 -1

effective annual rate=0.12682503=12.68%

7 0
3 years ago
Magenta Company purchased a machine from Pink Corporation on October 31, 2018. In payment for the $288,000 purchase, Magenta iss
Blababa [14]

Answer:

$3,176 , it's two months of interests $1,588 + $1,588

Explanation:

If the company paid each month 1/12 of capital plus interest it means that it's necessary to deduct the total amount of interests paid each month.

The company paid $25,588 and the monthly capital it's $24,000, therefore the company paid on interest an amount of $1,588 each month.

The issue of a one year installment note means that the company repay the principal to the lender in a series of periodic payments, in this case each month pay principal plus interests

In the income statement we have to applied the accrual criteria which means that the company only recognize the interest paid in the past months, November and December.

5 0
3 years ago
For most products higher prices
kogti [31]
That’s like the quarantine lol but just a bit higher
3 0
3 years ago
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses i
o-na [289]

Answer:

From the attached excel file, we havee:

Revenue and spending income from operations variance = $4,566 Favorable

Activity income from operations variance = -$5,860 Unfavorable

Explanation:

Note: See part a of the attached excel file for the flexible budget performance report that shows both revenue and spending variances and activity variances for September.

Also Note: See parts b and c of the attached excel file for the calculations of revenue and spending variances and activity variances respectively for September.

Download xlsx
8 0
2 years ago
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