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3 years ago

Three examples of when interest rates are bad for you

Business

1 answer:

Elis [28]3 years ago

4 0

Answer:

Below you will find three examples of when the interest rate is bad for you:

Credit cards interest rate
Overdraft interest rate
Default or late payment interest rate

Explanation:

1. Credit cards interest rate: When you purchase a good or service with your credit card you must pay the price of it plus an interest rate.

2. Overdraft interest rate: When you are overdraft in your current account you must pay an interest rate for the mount overdrawn

3. Default or late payment interest rate: When you make a late payment or fail to pay an installment in your credit you must pay a fee calculated in an additional interest rate,

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Your family owns a small construction company, CopperBuild, that builds custom homes for an upscale architectural firm. Your two

beks73 [17]

Answer:

All the statements apply

Explanation:

1. Avoid mere mechanical descriptions.

This statement applies because it is an architectural proposal, thus, it should include aesthetic descriptions.

2. Emphasize the benefits to the recipient.

The proposal should include the ways CopperBuild would benefit the investors of the shopping center, from an architectural, and financial point of view.

3. Detail your expertise and accomplishments.

CopperBuild should add a few pages highlighting the firm's past experience, this in order to obtain more credibility.

4. Proposals are sales presentations.

This is a good analogy because what CopperBuild is doing by means of the proposal is selling "itself" (its experience, credibility, prestige) to the investors in order to get the contract.

7 0

3 years ago

Organ Rentals Corporation has been having numerous problems. Communication across departments is poor and decisions are backing

enot [183]

The answer is Functional.

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3 years ago

What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equa

soldi70 [24.7K]

Answer:

Inventory turnover= 5.5 times

Explanation:

Current ratio is given as 3

Cost of goods sold = $5,000

Current assets = $1,800

Quick ratio= 1.5

Current ratio= current assets/ current liabilities

3= 1,800/ current liabilities

Current liabilities= 1,800/3

Current liabilities= $600

Quick ratio= Cash and Receivables/ Current liabilities

1.5= Cash and Receivables/600

Cash and Receivables= 600* 1.5= $900

Current asset= Cash and Receivables + Inventory

1,800= 900+ Inventory

Inventory= 1,800-900

Inventory= $900

Inventory turnover= Cost of goods sold/ Inventory

Inventory turnover= 5,000/900

Inventory turnover= 5.5 times

6 0

3 years ago

LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to

VladimirAG [237]

Answer:

$739.72 ≈ 739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

fv = $1,000
pmt = $1,000 x 7.25% x 1/2 = $36.25
nper = 60
rate = 10% / 2 = 5%
present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0

3 years ago

Which one of the following is not true concerning socializing in the workplace? <br> A. Socializing can keep you from reaching y

postnew [5]

The correct answer is D. Socializing can actually increase productivity. Although socializing outside of work can be productive for the work itself later on, socializing in the workplace can deter you from working and can ultimately be bad for the company. If you're always running around form office to office having fun and not working you're not doing your company a favor.

6 0

3 years ago

Three examples of when interest rates are bad for you​

Three examples of when interest rates are bad for you