Proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.
Amortization is the process of gradually paying-off of debt through scheduled installments that include the component of principal and interest.
- The amortization tables helps to keep track of amount owed and when payment is due.
- The table also shows how much to be paid at required intervals (i.e. monthly, bi-monthly, quarterly etc)
- As the repayment and period of payment increase, the outstanding debt keeps decreasing as well.
- The rate of interest determines the amount of repayment to be made at each interval
Therefore, if the interest rate were lower, then, the repayment of principal would be lower as well.
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The use of continuous communication, can promote the BakerStone mission statement because one can Communicate vital information to keep stakeholders always aware of BakerStone policies as well as actions.
<h3>How can the use of modeling promote the BakerStone mission statement?</h3>
The use of modeling can promote the BakerStone mission statement as all their effort as well as input will be channeled towards achieving their mission statement.
Hence, The use of continuous communication, can promote the BakerStone mission statement because one can Communicate vital information to keep stakeholders always aware of BakerStone policies as well as actions.
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Answer:
2.4
Explanation:
Turnover is a concept in accounting that calculates how quickly a business conduct its operation.
The equation below will be used to calculate the turnover.
Turnover = Sales / Average operating assets
= $16,800,000 / $7,000,000
= 2.4
I'm not sure if I'm gong to be right on this, BUT, if he produces nails at $200, and he sells them at $350. Selling minus production cost is surplus. So it should be $150 per ton, hope this helps!
Answer:
C. The actions of consumers in response to change in price.
Explanation:
Law of demand states that people will demand lower quantity of a good at a higher price. This law is one the fundamental principles of Economics.