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AveGali [126]
3 years ago
8

Interest earnings of 4 percent with a $450 minimum balance; average monthly balance, $600; monthly service charge of $20 for fal

ling below the minimum balance, which occurs five times a year (no interest earned in these months). (Do not round intermediate calculations. Round your answer to 2 decimal places. Input the amount as a positive value.)
Business
1 answer:
Ray Of Light [21]3 years ago
7 0

Answer:

$86

Explanation:

Missing word <em>"What could be the net annual cost"</em>

<em />

Monthly fee = $20

Interest rate = 4% = 0.04

Average monthly balance = $600

Net annual cost = $20*5 - 0.04*$600*7/12

Net annual cost = $100 - $14

Net annual cost = $86

So, the net annual cost of this account is $86.

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T-shirts sell for $2 and shorts sell for $4. in april, total sales were $600. how many shorts did dots sell in april?
mario62 [17]
First thing first your supposed to find out how many days are in April then since you have that information you have to multiply theme amount of days to 4 and you will get your answer
8 0
3 years ago
Rooney, Inc. is considering the purchase of a new machine costing $700,000. The machine's useful life is expected to be 8 years
Fiesta28 [93]

Answer:

NPV = $74,951.80

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 =  $700,000

Cash flow each year from 1 year 8 =  $156,000

I = 12%

NPV = $74,951.80

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
Which of the following resources must a business combine in order to be successfully organized? a. Materials, financial, informa
Tanzania [10]

Answer:

b. Materials, human, financial, and informational

Explanation:

There are four resources required to successfully organize the business.

Material: As for running the business, material as kind of inventory and material including all the assets that is tangible, is required including building, plant and machinery etc:

Human: Human is an essential requirement for business, as human will direct other humans, to work on machinery or other equipment in return of wages.

Financial: Without money there is no survival, as for business or non business. In context of business money provides funds to buy assets and money is paid and received during normal transactions of business.

Informational: Information is the key for understanding various aspects of business, as with information only the managers can take decision related to all other resources in the business.

Therefore, correct option is:

b. Materials, human, financial, and informational

3 0
3 years ago
Resistance to change is a normal everyday aspect in the workplace. Note what happens to the organizational climate when this res
jolli1 [7]

Answer is given below :

Explanation:

  • Resistance to change occurs when there is a change in the way an organization operates. As the external environment is constantly changing, companies also need to change their strategy and internal environment to deal with the external market.
  • It is very difficult to understand how an organization’s employees respond to changes in the organization. They may react positively or negatively throughout the changes.
  • Changes in the organizational environment may involve simple steps such as planning, implementation, monitoring and review. Regular change in the organization is very healthy because it leads to success.
  • This situation leads to conflict, insecurity and creates a negative organizational environment that hinders employee development and productivity. Resistance to change is usually due to insecurity, fear of job loss, etc. due to the lack of adequate information provided by the employee about the new changes taking place in the organization.
  • There are actually various strategies to reduce negative perceptions that management employees can understand about the real need for change and the benefits that will occur after the change.
3 0
3 years ago
Training activities are said to be outsourced when they are provided by ________. in-house consultants company managers individu
Mrrafil [7]

Answer: Consulting firms and government organizations

Explanation:

When external bodies; Consulting firms and any organization carry out a task in a firm, it is said that the particular job was outsourced for services to be provided by an external body.

6 0
3 years ago
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