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3 years ago

A situation in which some resources are NOT fully utilized is represented in a

1 answer:

6 0

The production would be a my a point inside the curve. The curve shows the possibility of producing with all possible materials so inside the curve is representative of one or more of the resources not being used to its full capacity.

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a $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. which of these statements is correct

Maksim231197 [3]

The correct option in this case is:

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

What is loan amortization?

Loan amortization means that loan principal would be repaid gradually alongside interest over the 8 years period rather than an interest only loan where the principal is repaid at the end of loan period.

In this case, the portion of annual payment that is in respect of interest would be much lower when the interest rate on the loan is lower rather than when the interest rate is higher.

Find out more about loan amortization on:brainly.com/question/19755003

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Full question:

A $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. Which of the following statements is CORRECT?

a) The proportion of interest versus principal repayment would be the same for each of the 8 payments.

b) The annual payments would be larger if the interest rate were lower.

c) If the loan were amortized over 10 years rather than 8 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 8-year amortization plan.

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

e) The last payment would have a higher proportion of interest than the first payment

8 0

2 years ago

Miller Company managers realize that Jim's Corporation may attempt to enter their market. What steps might they take to dissuade

nadya68 [22]

Answer:

1) <em>What steps might they take to dissuade Jim's Corporation from entering? </em>

Taking into consideration Porter's five forces model, the aspects of suppliers, substitute products, customers and new entrants are crucial when a company wants to enter a market. So, in order to dissuade Jim's Corporation from entering, Miller Company can improve their relationship with customers, to nurture a loyal customer base. They can do the same with suppliers. Eventually, they can create a more diverse product/service portfolio and make their products more price-competitive to decrease the threat of substitutes.

They cannot influence the threat of new entrants, as that is mostly related to economic policies of the government.

2) <em>What factors are likely to determine whether they will succeed?</em>

Although it is possible to influence the aspects named in the previous answer, it is often a tough task to accomplish. Also, it is emphasized that the threat of new entrants is an important factor which cannot be influenced.

Brand loyalty is essential to make substantial progress here, as customers who are loyal are not likely to switch to another brand/company due to habit, preference and frequent switching costs.

3) <em>What actions taken by Miller in the past might play an important role in influencing whether Jim's Corporation enters or not?</em>

Their R&D and general product development is a process that takes a long time to show results. Therefore, if the company invested in the development and improvement of their product/service before, the results are to show by increased customer satisfaction and loyalty, which is a threat for Jim's Corporation. Also, great relationships with suppliers are essential to secure a steady place in the market.

6 0

3 years ago

The following information is available for Wonderway, Inc., for 2015:

Temka [501]

Answer: See explanation

Explanation:

a. Calculate the direct labor cost for Wonderway.

This will be the wages paid to laborers which is $84,000.

b. Calculate the manufacturing overhead cost for Wonderway.

Factory rent = $29,600

Add: Indirect production labor = $1,860

Add: Utilities for factory = $30,100

Add: Production supervisor's salary = $30,800

Add: Factory insurance = $12,200

Add: Depreciation on factory equipment = $26,600

Manufacturing overhead cost = $131160.

c. Calculate the prime cost for Wonderway.

Direct materials used = $36,200

Add: Wages = $84,000

Prime cost = $36200 + $84000 = $120200

d. Calculate the conversion cost for Wonderway.

Wages paid to laborers = $84,000

Add: Manufacturing overhead = $131160

Conversion cost = $215160

e. Calculate the total manufacturing cost for Wonderway.

Direct materials used = $36,200

Add: Wages paid to laborers = $84,000

Add: Manufacturing overhead = $131160

Total manufacturing cost = $251360

f. Calculate the period expenses for Wonderway.

Company advertising = $20,700

President's salary = $62,000

Add: Depreciation= $8,180

Add: Sales commissions = $7,700

Period cost = $98580

8 0

3 years ago

Maryam phoned her auto insurance agent to renew her policy. The agent told her about new types of insurance now available—to cov

Mars2501 [29]

Answer:

product development

Explanation:

Product development growth strategy -

It is based on the modification of the existing product , so that they appear to be new and the development of the new products and then offering the product to the current or new market .

These types of strategy are adapted , when their is no scope of new opportunity foe the new company .

The strategy of product development is used in the question statement .

3 0

3 years ago

John Reynolds established a $500,000 trust, the income from which is to be paid to Mansfield University for general operating pu

zubka84 [21]

Based on the trust amount and the present value of income, the journal entry in Mansfield's books is:

Date Account title Debit Credit

Beneficiary Interest in Trust $500,000

Contributions with Donor $500,000.

Imposed Restrictions

<h3>What journal entry would record the transaction?</h3>

The beneficiary interest account should be debited with the $500,000 that was used to establish the trust.

It should be credited to the Contributions account but only an account that accounts for the restrictions on usage.

Find out more on journal entries at brainly.com/question/14279491.

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2 years ago