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Wewaii [24]
3 years ago
15

Who will get the better loan rate from the banker and why

Business
1 answer:
murzikaleks [220]3 years ago
3 0
Could you possibly explain the question better bro?
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How have the division and coordination of labor evolved at merritt's bakery from its beginnings to today?
Lunna [17]
<span>Initially at Merritt's Bakery, all the labor was divide between the owners Bobbie & Larry. As the bakery grew it expanded and there were more people hired on an involved in the labor division. As they grew, Larry & Bobbie split the work with employees which included a front store sales and service manager, someone in charge of baking production, someone in charge of cake decorating, and a market director.</span>
8 0
4 years ago
You decide you want to be a millionaire. You deposit $50,000 in an investment account that earns 9% per year. The money in the a
romanna [79]

Answer: 35 years

Explanation:

A=P(1+\frac{r}{n})^{nt}

Where,

A - the ending amount,

P - the beginning amount (or "principal")

r - the interest rate (expressed as a decimal)

n - the number of compounding a year

t - the total number of years

n=1, t=?, P = $50,000, r=0.09, A= $1,000,000

Therefore,

1,000,000=50,000(1+\frac{0.09}{1})^{t}

1,000,000=50,000(1.09)^{t}

20=(1.09)^{t}

Taking log on both sides

log(20) = t log(1.09)

1.30103 = 0.0374264979 t

t = 34.7622

So answer is 35 years.

3 0
3 years ago
Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service lif
Zepler [3.9K]

Answer:

Annual depreciation= $28,940

Explanation:

Giving the following information:

Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940

5 0
4 years ago
Cameron and Drake are making plans for Saturday. Cameron wants to go bowling. Drake does not bowl well and prefers to shoot hoop
mylen [45]
Compromising
because he thought of Drake instead of making him go bowling   
6 0
4 years ago
Read 2 more answers
Elmo Inc., a global conglomerate, designed the ElBrush, an electric toothbrush. Sensing market demand for the electric toothbrus
Alborosie

Answer:

Target costing

Explanation:

-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.

-Everyday low pricing is when companies offer low prices on their products all the time.

-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.

-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.

-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.

According to this, the answer is that the situation exemplifies target costing.

3 0
3 years ago
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