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valentina_108 [34]
3 years ago
14

Francina, who just started her first job, had been repaying her luxury sports car loan until she stopped payments two months ago

. Her car was repossessed. What could have been good preventive behavior in this case?
Business
1 answer:
BlackZzzverrR [31]3 years ago
4 0

Answer:

Not taking out a loan in the first place to buy that car

Explanation:

She obviously didn' t plan very well in the first place and just wanted to show off cause she got a new job. Maintaining oneself in personal budget is pretty important.

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what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and
ss7ja [257]

Answer:

PV= $50,981.17

Explanation:

<u>First, we need to calculate the future value at the end of the period:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {7,500*[(1.071^19) - 1]} / 0.071

FV= $283,234.78

<u>Now, the present value:</u>

PV= FV/(1+i)^n

in this case n=25 years

PV= 283,234.78 / (1.071^25)

PV= $50,981.17

5 0
3 years ago
In markets where customers are sensitive to price and where internal efficiencies lead to cost advantages allowing for acceptabl
Nadusha1986 [10]

Answer:

The correct answer is letter "A": Penetration.

Explanation:

Penetration Pricing means that an initially low price for a new product or service attracts customers away from the competitors. The new company hopes that even if prices rise to normal levels, customers will continue to use their products. Penetration Pricing will yield higher returns on sales and push rivals out of the market if implemented long enough.

3 0
3 years ago
Identify the function in the organisation you have chosen​
mina [271]

Answer:

Determination of activities,

Grouping of activities,

Allotment of duties to specified persons,

Delegation of authority,

Defining relationships, and.

The co-ordination of various activities.

8 0
2 years ago
It is efficient to continue an activity as long as the marginal benefit exceeds the marginal cost.
alina1380 [7]

Answer: True

Explanation:

8 0
1 year ago
Read 2 more answers
If a company must expand capacity to accept a special order, it is likely that there will be an increase in unit variable costs.
Lelechka [254]

Answer:

If a company must expand capacity to accept a special order, it is likely that there will be an increase in fixed costs.

Explanation:

The fixed costs are the part of the total costs of production that remain constant during a given reference quantity in a certain period. These include, for example, depreciation of fixed assets or rental or interest expenses. Since fixed costs are incurred regardless of the application quantity (short-term), they cannot be apportioned to the unit costs according to the cause.

In the present case, given that the company must expand its capacity to take the special order, it means that all of its production factors are totally devoted to production, so that in order to produce a greater quantity of goods, the productive factors must be increased, which are part of the fixed production costs that the company has. Therefore, as the costs of production are altered, there will be an increase in fixed costs.

6 0
2 years ago
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