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solong [7]
3 years ago
11

One bank offers a 2% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. It is likely bette

r to choose the fixed rate loan, even though the interest rate is higher, because the rate on the
Business
1 answer:
vodomira [7]3 years ago
5 0

Answer:

The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.

Even though the fixed interest rate might be higher, it will not change and that  guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.

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_____are short-term, specific targets which are attainable, measurable, and controllable.
Amiraneli [1.4K]

Answer:

A. Objective.

Explanation:

The objectives is the thing or the target that should be achieved it can be short term also there is some particular targets that could be achieved, measured and controlled

So according to the given situation, the correct option is a

Hence, the same would be considered

7 0
2 years ago
The charter of Vista West Corporation specifies that it is authorized to issue 213,000 shares of common stock. Since the company
vaieri [72.5K]

Answer:

The authorized shares 213,000

The issued shares 141,000

The outstanding shares 125,000

Explanation:

The authorized shares are the maximum number of shares that can be issued by the company as spelt out in its charter which is 213,000.

The number of shares issued to the public from its inception till date is 141,000 shares, in other words, that is its issued shares.

The outstanding shares is the number of shares currently held by investors in the company's shares, in essence, outstanding shares are the issued shares minus the shares already bought back( repurchased from shareholders)

Outstanding shares=141,000-16,000.

Outstanding shares=125,000

4 0
2 years ago
3. Which part of a letter identifies the address of the person writing the letter
bulgar [2K]

Answer:

Return Address

Explanation:

There are primarily <u>7 parts of a letter</u> and these are the following:

<em>1. Letterhead/Heading (business) or Return Address (an individual)</em>

<em>2. Date</em>

<em>3. Inside Address</em>

<em>4. Salutation/Greeting</em>

<em>5. Body</em>

<em>6. Complimentary Close</em>

<em>7. Signature</em>

The "Return Address" refers to the <em>address of the sender.</em> This includes the name of the sender as well. This is very important especially if the letter requires a response from the recipient.

8 0
3 years ago
Bombs Away Video Games Corporation has forecasted the following monthly sales:
vladimir1956 [14]

Answer:

Bombs Away Video Games Corporation

Production and Inventory Schedule

                Sales Units Production units Ending Units

Beginning inventory                                      38,000

January           22,600        15,200               30,600

February          21,200        15,200               24,600

March                7,600        15,200                  1,800

April                   7,600        15,200                9,400  

May                   6,600        15,200               18,000

June                 9,600        15,200              23,600

July                  11,600        15,200              27,200

August            11,600        15,200               30,800

September    13,600        15,200               32,400

October        19,600        15,200               28,000

November   23,600        15,200                19,600

December   27,200        15,200                 7,600

Explanation:

a) data and Calculations:

Sales Budget ($'000)  Sales Units Production units Ending Units

Beginning inventory                          38,000

January        $113,000    22,600       15,200                30,600

February       106,000     21,200       15,200                24,600

March             38,000       7,600       15,200                   1,800

April                38,000       7,600       15,200                  9,400  

May                33,000       6,600       15,200                 18,000

June              48,000       9,600       15,200                23,600

July               58,000       11,600       15,200                27,200

August          58,000      11,600       15,200                30,800

September   68,000     13,600       15,200                32,400

October        98,000    19,600       15,200                28,000

November   118,000    23,600       15,200                19,600

December  136,000    27,200       15,200                 7,600

Total                            182,400    182,400                

3 0
2 years ago
The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted
Dmitry [639]

Answer:

$96,000

Explanation:

Production  26,000 units

<u>Materials Purchase Budget</u>

Production Materials Required  (5×26,000 units)     130,000

Add Budgeted Closing Materials (50,000×20%×5)   50,000

Total Materials                                                             180,000

Less Budgeted Opening Inventory (4,000×5)          (20,000)

Budgeted Materials                                                     160,000

Material Cost per pound                                                $0.60

Total Material Cost                                                      $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be  $96,000.

7 0
3 years ago
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