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3 years ago

Both mortgages and auto loans

Business

2 answers:

GalinKa [24]3 years ago

4 0

both mortgages and auto loans require minimum payments.

wariber [46]3 years ago

3 0

Answer:

Explanation:

require a down payment in general

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Which Finance career pathway includes helping people create and manage budgets and calculate taxes?

Anit [1.1K]

B if not please comment back :)

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3 years ago

Read 2 more answers

For a good that is a necessity, a. quantity demanded tends to respond substantially to a change in price. b. demand tends to be

babymother [125]

Answer:

The correct answer is letter "B": demand tends to be inelastic.

Explanation:

Inelasticity is a characteristic that goods and services have by which their demand does not change in front of fluctuations in price.<em> Consumer staples are considered inelastic goods since people need them to cover basic needs. </em>

Inelasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is lower than one (1) the demand for that good or service is inelastic.

6 0

3 years ago

During a sales presentation, the salesperson, Clara, listens to her customer rather than describing her product to the customer.

aleksklad [387]

Answer:

The correct answer is letter "C": engaging in active listening.

Explanation:

Active listening is the activity by which an individual pays attention to whatever the person he is interacting with is saying. The individual might use certain phrases or gestures in between segments to let the other person know he or she is paying attention.

When it comes to sales, <em>clerks need to listen to what consumers say to find out what product better matches the clients' needs and preferences.</em>

6 0

3 years ago

Reliance Corporation sold 4,500 units of its product at a price of $20 per unit. Total variable cost per unit is $11.00, consist

BaLLatris [955]

Answer:

$40,500

Explanation:

A Companies Contribution Margin is a product's price minus all associated variable costs, this final value gives the products incremental profit earned for each unit sold. Therefore in this scenario, the Contribution Margin for the company is as follows

(4,500 * $20) - (4,500 * $11)

$90,000 - $49,500

$40,500

Therefore the final Contribution Margin for the company is $40,500 dollars.

8 0

3 years ago

Polaco Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4 hours per unit

SOVA2 [1]

The labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

<h3>What is the labor efficiency variance?</h3>

The labor efficiency variance shows the difference between the actual direct labor hours worked and budgeted direct labor hours,

The labor efficiency variance is computed as the Standard hours allowed for production (SH) – actual hours taken (AH) × standard rate.

<h3>Data and Calculations:</h3>

Standard direct labor-hours per unit = 0.4 hours

Standard direct labor rate = $24 per hour

Production in May = 8,500 units

Actual hours used = 3,220 hours

Standard hours allowed = 3,400 hours (8,500 x 0.4)

Labor efficiency variance = $4,320 (3,400 - 3,220 x $24)

Thus, the labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

Learn more about calculating labor efficiency variance at brainly.com/question/13136127

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7 0

2 years ago