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3 years ago

Explain why making the minimum payment leads to paying the most interest.

1 answer:

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since the price is so low the interest goes up because you paid just a little and so they want to get more off of that purchase.

Explanation:

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An increase in consumer income increases the demand for automobiles. As a result of the adjustment to a new equilibrium, there i

Bumek [7]

Answer:

B. upward movement along the supply curve.

Explanation:

An increase in the income of a consumer income would have a significant impact on the quantity of goods demanded by him or her such as increasing the demand for automobiles. As a result of the adjustment to a new equilibrium, there is an upward movement along the supply curve

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3 years ago

Evie is very good with computers and using social media. She has created a new email system that automatically generates the ema

agasfer [191]

Explanation:

Evie is more likely to be involved in e-marketing career pathway

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3 years ago

Read 2 more answers

g A foreign factory has offered to supply with ready-made baskets for a price of $12 per basket. Assume that fixed costs are una

cluponka [151]

Answer:

The answer is "$5500".

Explanation:

Analysis Differential:

Make Buy

Cost of variable $800\times 7 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 5600$

Fixed- cost $16000\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16000$

Purchasing cost $800\times 12\ = 9600$

Cost of opportunity $\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 9500$

Total relevant cost $31100 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 25600$

Increasing operating income $= 31100-25600 = 5500$

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2 years ago

A. M&R Company provided $2,000 in services to customers that are expected to pay the company sometime in January following t

AleksAgata [21]

Answer and Explanation:

The Journal entries are shown below:-

a. Accounts receivable Dr, $2,000

To Service revenue $2,000

(Being service revenue is recorded)

b. Wages expenses Dr, $1,000

To Wages payable $1,000

(Being wage expenses is recorded)

c. Interest expenses Dr, $400

To Interest payable $400

(Being interest expenses is recorded)

d. Lawn service expenses $500

To Accounts payable $500

(Being lawn service expenses is recorded)

e. Interest receivable $200

To Interest revenue $200

(Being interest revenue is recorded)

f. Salaries expenses $900

Salaries payable $900

(Being salary expenses is recorded)

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3 years ago

which of the following best describes the kinds of decisions that result from using cost-benefit analysis

ehidna [41]

With the absence of the options to choose from, lets look at general results of using cost-benefit analysis.

Explanation:

using cost-benefit analysis is a strategic way of making decisions based on cost and benefit solely.

Ideally any investment or strategic decision to be made by an institution needs a cost-benefit analysis.

This is done by listing all the projected resources needed to take up the strategic objective and costed. After which another list is made of the potential benefit that is likely to come to the organisation.

When the two is compared we say <em>you are making cost-benefit </em>analysis.

More often without secondary reasons, the option with the highest benefit over cost is chosen.

This cost and benefit analysis are made both qualitatively and quantitatively.

Quantitatively methods such as NPV are used.

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3 years ago