1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
3 years ago
13

What is an advantage of taking out a long-term loan instead of a short-term

Business
2 answers:
Lemur [1.5K]3 years ago
5 0

Answer: a long term loan usually has a lower interest rate

Explanation:

A P E X

Olegator [25]3 years ago
4 0

A long-term loan usually has lower interest rate

You might be interested in
Last year Mason Inc. had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $320,000 and its net i
docker41 [41]

Answer: d. 3.82%

Explanation:

ROE = Net Income / Equity so Equity need to be ascertained.

1.75 = Total Assets/ Total Equity

Total Equity = Total Assets/ 1.75

1.33 = Revenue / Total Assets

Total Assets = Revenue / 1.33

= 320,000/1.33

= $240,601.50

Total Equity = 240,601.50/1.75

= $137,486.57

Old ROE = 10,549/ 137,489.57

= 0.07672582

= 7.67%

New ROE = (10,549 + 5,250) / 137,489.57

= 0.11491053466

= 11.49%

Difference = 11.49 - 7.67

= 3.82%

4 0
4 years ago
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
Firlakuza [10]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling  

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.  

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.  

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.  

Question 5:  

(i) The profits for San Consulting will decline  

(ii) The profit will rise because employee will focus more on their specific tasks.  

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.  

5 0
4 years ago
Careers in the Health Science Career Cluster include:
aleksklad [387]

Answer:

  • radiologist
  • occupational therapist

Explanation:

Careers in the health services cluster revolve around working in hospitals, health centers, clinics, patients’ homes, chemists, pharmaceutical outlets. The people in this cluster are healthcare workers such as doctors, clinical officers, pharmacists, paramedics, and others title in the medical services.  A radiologist work with diagnostics equipment in hospital laboratories. An occupational therapist is a healthcare professional who assists patients in recovering or regain the full use of their abilities.

6 0
3 years ago
Read 2 more answers
Which of the following might be true for you as a first-time home buyer?
dybincka [34]
The bigger the house is the better for you
6 0
3 years ago
Jeffery Wei received a 7-year non-subsidized student loan of $30,000 at an annual interest rate of 5.2%. What are Jeffery's mont
levacccp [35]

Answer:

$515.56

Explanation:

Since it is a non-subsidized loan, interest would accrue during the 4 years Jeffery is in college.

So, find  interest accrued using simple interest rate formula;

Simple interest (SI)= Principal * rate* time

SI = 30,000*0.052*4

SI = 6240

Next, add this amount to the borrowed loan amount;

Total amount in 4 years = 30,000 + 6,240 = 36,240

Using a financial calculator, input the following to solve for the monthly PMT;

PV = -36,240

FV = 0

Monthly interest rate ; I = 5.2%/12 = 0.433%

N = 7*12 = 84 months

then compute payment; CPT PMT = $515.56

5 0
3 years ago
Other questions:
  • The nation's total wealth almost tripled between 1920 and 1930, while wage workers enjoyed record-breaking increases in average
    10·1 answer
  • In the context of market segmentation, which of the following strategies should be adopted by multinational enterprises to targe
    8·1 answer
  • How is efficiency related to the number of firms in an industry characterized by strong economies of scale?
    14·1 answer
  • Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat
    8·1 answer
  • 6. Problems and Applications Q6 Which of the following is true about general knowledge? It generates a negative externality. It
    15·1 answer
  • A global business is organized into four groups: Manufacturing, Research and Development, Finance, and Sales. This company uses
    15·1 answer
  • Secured bonds: Multiple Choice
    8·1 answer
  • Preferred Products has issued preferred stock with an annual dividend of $8 that will be paid in perpetuity. a. If the discount
    14·1 answer
  • Recent advances in dna technology has provided other techniques for microbial identification. are the methods you used in these
    5·1 answer
  • If taxes or assessments on leased premises are increased because of improvements made by the tenant the: ___________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!