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EleoNora [17]
3 years ago
6

A new retail associate in another department asks you about the features of the merchandise in his department. you just explaine

d all of this to him the day before. what would you do?
Business
1 answer:
emmasim [6.3K]3 years ago
8 0
The best way in handling this is by explaining it to the person again in a clear and understandable manner in which you wouldn't leave without him or her repeating or assuring that he or she does understands the topic that he or she finds difficult to understand. It is needed that a person who is being asked by the new retail associate should be understandable for the person is new at his or her department and needs some people to guide him or her through.
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You have a chance to buy an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5% on your money
Oliga [24]

Answer:

$1,565

Explanation:

Enter the following inputs into financial calculator, we will have:

n = 3 years

Present value (PV): The amount that you should pay for the annuity. This is the missing value we need to calculate

Future value (FV): FV = 0, there is no future value of an annuity

PMT: The amount that annuity pays per year. ($850)

i/r = 5.5%: The interest you expect to receive from the annuity

PV = $1,484

Since the payment is made at the beginning of each year, you should multiply the PV amount by  (1+0.055)

The final answer would be 1,484 x 1.055 = $1,565

The most you should pay is $1,565

7 0
3 years ago
______ business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or d
olya-2409 [2.1K]

Static , routine  business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.

<h3>What is business operation?</h3>

Business operation can be described as one that involves the transaction of  different means for the making of profit.

Hence, Static , routine  business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.

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6 0
2 years ago
On January 1 of Year 1, Bryson Company obtained a $147,750, four-year, 7% installment note from Campbell Bank. The note requires
Murljashka [212]

Installment note from Campbell Bank.

1-Jan Note intt expense Decrease 31-Dec

Amortization of Installment Notes Carrying payment 7% in  Carrying

Year ending December 31   amount cash paid   notes payable amount

               

year 1       147,750 43,620 10343 33,278 114,473

year 2       114,473 43,620 8013 35,607 78,866

year 3       78866 43,620 5521 38,099 40,766

year 4       40766 43,620 2854 40,766 0

               

               

               

b)   Journal Entries          

 Date Account titles & Explanations     Debit Credit

               

year 1 1-Jan Cash         147,750  

   Notes payable         147,750

   (to record issuance of note)        

               

year 1 31-Dec Interest expense       10343  

   Notes payable       33,278  

   cash           43,620

   (to record interest expense)        

               

year 2 31-Dec Interest expense       8013  

   Notes payable       35,607  

   cash           43,620

   (to record interest expense)        

               

year 3 31-Dec Interest expense       5521  

   Notes payable       38,099  

   cash           43,620

   (to record interest expense)        

               

year 4 31-Dec Interest expense       2854  

   Notes payable       40,766  

   cash           43,620

   (to record interest expense)        

               

c) interest expense of  10,343 would be reported on the income statement of Bryson Company.

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6 0
2 years ago
A stock index spot price is $1,287. the zero coupon interest rate is 3.8%. what is the potential arbitrage profit if the 6-month
jek_recluse [69]

The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.

<h3>What is potential profit?</h3>

The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.

The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.

Potential Profit= 91350-1335+24.450 = $39.45

Hence, the potential profit is as computed above.

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6 0
2 years ago
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
Oxana [17]

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

7 0
3 years ago
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