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Monica [59]
3 years ago
6

Which formula should be used to correctly calculate the monthly mortgage payment?

Business
1 answer:
Charra [1.4K]3 years ago
7 0
What’s the question
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Groups form naturally and there is little anyone can do to influence the success or cohesiveness of a group dynamic
irakobra [83]

Answer:

False.

Explanation:

While it is true that groups often form naturally, it is false that you can't have much influence over a group. A strong leader who understands management principals will be able to influence group dynamics.

8 0
3 years ago
Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to pr
Mandarinka [93]

Answer:

Option (a) and (b) are considered or correct.

Explanation:

Under the following two conditions, a firm in a perfectly competitive market produces at a point where the marginal revenue is equal to the marginal cost:

(i) Minimum AVC < Price < minimum ATC : Yes

In this case, a firm may suffer a loss but it will be able to cover its minimum average variable cost. Hence, this firm continue operating in this market and if he shut down its operation then he may suffer a larger loss. Therefore, it chooses to continue operating under this market conditions.

(ii) Price > minimum ATC : Yes

In this case, the price received by the seller is greater than the minimum average total cost. Therefore, the firm is able to cover all of its cost of production and earning an economic profit. Hence, it obviously chooses to continue its operation.

The third option is not considered here because in this case, the firm won't be able to cover its variable cost.

3 0
3 years ago
A _______ maintains and distributes to potential creditors information regarding the creditworthiness of potential debtors. mort
xz_007 [3.2K]
A Credit Bureau maintains and distributes to potential  creditors information regarding the creditworthiness of potential debtors. mortgage broker, federal reserve bank, credit bureau, bureau of investigation. 
C.B a company that collects information relating to the credit ratings of individuals and makes it available to credit card companies, financial institutions.
6 0
3 years ago
A flower shop acquired 80 new customers last year. Costs in the marketing and sales areas were the following:
Anna11 [10]

Answer:

$1,215 per customer

Explanation:

Add all costs:

Marketing Costs = $1,200

Sales Costs = $9,000

Salaries = $87,000

Total = $97,200

$97,200 divided by 80 new customers = $1,215 per customer

6 0
2 years ago
The accounting records of Brownwood Company revealed the following information: Work in process inventory, Jan 1 58,000 Work in
ivanzaharov [21]

Answer:

$721,000 is correct

Explanation:

Cost of goods sold =754000 + 125000 -158000

=721,000

8 0
3 years ago
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