<span>
<span>Finance
charge can be defined as the amount charged by a creditor to a debtor as
borrowing fees or by a seller to a buyer for allowing the buyer to extend the
payment period for a certain good/service. In this case, the original price
of the car was $3,250. But since Michael's Plumbing was not able to pay the
full amount at once, they made a down payment of $450 and later 24 equal
installments of $150. In total, the amount paid will be (450+(150*24))=
$4,050. The finance charge is what they will pay over and above the initial
cash price. This is arrived at by getting the difference as follows
$4,050-$3,250= $800</span></span>
Answer:
Co-operatives throughout the world share a set of values that give them their distinctive character.
Self-help
In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.
Self-responsibility
Individuals within co-operatives act responsibly and play a full part in the organisation.
Democracy
A co-operative will be structured so that members have control over the organisation – one member, one vote.
Equality
Each member will have equal rights and benefits (according to their contribution).
Equity
Members will be treated justly and fairly.
Solidarity
Members will support each other and other co-operatives.
Labor Specialization and Productivity. Having workers perform specialized labor tasks is one of the factors that can lead to increased productivity. Division of labor can lead to a large increase in efficiency for two key reasons.
Based on the monthly working cycle of ABC and the pay periods in March, the pay hours are:
- March 1 - March 15 = 120 hours.
- Previous pay period = 112 hours.
- Next pay period = 128 hours.
<h3>What are the pay hours for ABC?</h3>
The March 1 to March 15 pay hours would be for 15 days:
= Number of days x average pay
= 15 x 8
= 120 hours
The previous pay period would have been 2 weeks in February which is 14 days:
= 14 x 8
= 112 hours
The next pay period would have to cover the rest of March and so will be from March 16 to March 31 which is 16 days:
= 16 x 8
= 128 hours
Find out more on bi-weekly payroll wages at brainly.com/question/9479250.
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