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const2013 [10]
3 years ago
15

Assume the following economic indicators: interest rates on loans are historically low, gasoline prices are low, unemployment ra

tes are falling, and automakers are increasing their sales forecasts. For Kaitlyn, a human resource executive at a financial company that makes auto loans, which statement best states how these leading indicators should shape a forecast of her company’s demand for labor?
Business
1 answer:
DIA [1.3K]3 years ago
5 0

Answer:

Te answer is: The demand for new cars will rise, so the demand for auto loans will also rise, increasing the labor demand in companies that offer auto loans.

Explanation:

When the price of a good or service decreases, the quantity demanded for that good or service will increase.

Interest rates can be considered as the price of a loan, so when interest rates fall, the quantity demanded for loans will increase. This factor plus an increase in car sales, low gasoline prices and low unemployment are the perfect conditions for the auto loan industry to flourish.

When any industry is expected to do so well, their demand for labor is also expected to increase.

You might be interested in
You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou
swat32
Not going to give a full solution, but with every tree they remove, they plant a new tree and they can turn to more Eco-friendly means of manufacturing, such as using non-hazardous materials.

I hope this helps give you a start on where to begin. Just go with this and research deeper.
4 0
3 years ago
Which statement reports the changes in shareholders' equity during the period that were not a result of transactions by owners.
guajiro [1.7K]

Answer:

the statement of comprehensive income

Explanation:

The statement of comprehensive income refers to a summary in which the net assets are to be recognized for a particular period of time. It shows the adjustments made to the equity that would be highlighted also. Plus the net income could be determined by preparing an income statement

Therefore in the given case, the changes that are made in the stockholder equity would be come under the comprehensive income statement and the same is to be considered

3 0
4 years ago
Melanie invests $4,000 into an account offering 4% interest compounded annually. Gina invests $4,000 into a simple interest savi
denpristay [2]

Answer:

$4,900 (From simple interest method)

Explanation:

Given:

Amount invested (p) = $4,000

Interest rate for simple interest (r) = 4.5% = 4.5/100 = 0.045

Interest rate for Compound interest (i) = 4%

Number of year (t) = 5

Computation of amount from simple interest method:

Amount = p(1+rt)

Amount = $4,000[1+(0.045 × 5)]

Amount = $4,000[1+0.225]

Amount = $4,000[1.225]

Amount (from simple interest method) = $4,900

Computation of amount from compound interest method:

Amount = p(1+i)^t\\\\Amount = 4,000(1+0.04)^5\\\\Amount = 4,000(1.04)^5\\\\Amount = 4,000(1.2166529)\\\\Amount = 4,866.616\\\\

Therefore, Amount from simple interest method is higher .

3 0
3 years ago
The process of estimating market value, investment value, insurable value, or other properly defined value of an identified inte
Shkiper50 [21]

Answer:

Valuation

Explanation:

Valuation -

It refers to the process of determining the worth of some object or property , is referred to as valuation .

Or ,

The method to find the present value of any asset is known as valuation .

The process of valuation can be done on objects like , stocks , patents , business enterprises , bond of the company , property etc.

The reason for getting valuation is for investment analysis , merger , taxable events , capital budgeting .

Hence , from the given scenario of the question ,

The correct answer is valuation .

5 0
3 years ago
In a recent year, sherwood day corporation had sales of $500,000, net income of $200,000, interest expense of $40,000, and tax e
Kipish [7]
The interest earned by the Sherwood Day Corporation is calculated by subtracting from the net income all the expenses including the interest expense and the tax expense. Mathematically,
                    interest earned = $200,000 - ($40,000 + $30,000)
                                                = $130,000
8 0
3 years ago
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