Answer:
online credit is less expensive than bank credit
Explanation:
Online lenders are likely to charge lower rates than banks due to the differences in operating expenses. Online lenders do not incur the cost of operating from a physical building, such as rent and maintenance. They do not have high employee cost as compared to banks. Due to these reasons, online lenders charge lower fees and lower interest rates.
Sometimes online loans appear expensive, but it's because they are unsecured loans. A close comparison between different types of loans will show online lenders offer cheaper loans.
Answer:
B. Currently used manufacturing capacity that has alternative uses
Explanation:
Make or buy decision is the process involved in determining whether to produce a product in house or purchase it from an external supplier.
Manufacturing Capacity is described as the production capability of an object in a manufacturing process. The object could be an operator, a machine or even a work center. Every resource in a manufacturing process has its determinable capacity and this is a relevant cost to consider when determing whether to produce or buy a product.
Looking at the definition, it is clear that current capacity of manufacturing with alternative uses is important. In other words, it is very crucial to be able to determine the cost of using the current manufacturing capacity to either make the product in house and then weigh this cost against the cost of using the same manufacturing capacity to manufacture an alternate product.
It stands to reason, (although other costs are weighed) that the product production (current or alternate) that can be manufactured at a lesser cost should be chosen and this is a very crucial decision in a make-or-buy decision.
Looking at the other options, the golden rule is that any cost that is not a direct cost to the manufactur of a product in house or its outsourcing should be ignored in making the decision.
The one that you could do to adress this is to Establish a system that provides each sales team member with specific, challenging sales goals and performance<span> feedback from their store manager.
By doing this, not only we put a focus for each team members on the expectation toward them, we also could use the data collected by each determines to determine if there is someone that needed to be let go.</span>
Answer:
Decreased of $1,700
Explanation:
Sales (8,000 units × $140, 8,100 units ×$140)
$1,120,000 $1,134,000
Variable expenses
(8,000 units × 28, 8,100 units ×$37)
$224,000, $299,700
Contribution margin
$896,000, $834,300
Fixed expenses
$720,000, $660,000
Net operating income
$176,000, $174,300
Decreased in net operating income
$176,000-$174,000= $1,700
Therefore the overall effect on the company's monthly net operating income of this change is that net operating income will decrease by $1,700