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KATRIN_1 [288]
3 years ago
8

After carefully going over your budget, you have determined you can afford to pay $922 per month toward a new sports car. You ca

ll up your local bank and find out that the going rate is 1 percent per month for 48 months. How much can you borrow
Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer: $35,036

Explanation: We will calculate the present value of $922 for a period of 48 months, thus:

Payment (pmt) = $922

n = 48

r = 1% or 0.01

PV = pmt((1 - (1 ÷ (1+r)^n) / r)

PV = 922((1 - (1 ÷ (1 + 0.01)^48) / 0.01)

PV = 922((1 - (1 ÷ (1.01^48) / 0.01)

PV = 922((1 - (1 ÷ 1.612) / 0.01)

PV = 922((1 - 0.62) / 0.01)

PV = 922(0.38/0.01)

PV = 922(38)

PV = 35,036.

Therefore, the amount that can be borrowed is $35,036.

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Randy complained to his boss, Maryann, that he received the same bonus this quarter as everyone else, despite the longer hours h
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Answer:

E. Working harder.

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Motivation is getting people to work in order to accomplish a set goal. It is also the process of bringing out the best in people by making them know the reason for motivating them, which is premised on their needs not yet fulfilled.

It is the duty of manager to influence his or surbodinate positively in terms of being productive in order to improve their capacity and efficiency. A well motivated employee will have on the job satisfaction and individual self development.

Employees can be motivated through payment of incentives like bonus for working extra hours or for working on weekend which is outside of the normal working days.There is also affiliation motivation, which is a desire to socially relate with people and achievement motivation, which is a desire to purse a goal and achieve it.

As in the case above, Randy might gnore his feeling of not being adequately rewarded and work harder in next quarter.

5 0
3 years ago
A content analysis of an organization's messages, readability studies, and readership surveys are all tools used to conduct a(n)
olganol [36]

A content analysis of an organization's messages, readability studies, and readership surveys are all tools used to conduct a(n) communications audit.

The destiny price represents the anticipated worth of an unmarried quantity, while the prevailing value represents the present day well worth. is the discounted value of a chain of consecutive destiny payments of equal quantity.

The future fee of a single quantity is equal to the quantity we store or make investments nowadays, the present value of an item, and such multiplied by one plus the hobby charge to the nth strength, where n is the range of compounding durations we maintain that precept within the bank or the number of periods that we make investments the money.

Some of the maxima typically used PR gear consist of press releases, information conferences, and publicity. Sponsorships, product placements, and social media additionally generate a number of positive.

Present value = Factor x Accumulated amount

Learn more about readability here:-brainly.com/question/3923453

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7 0
2 years ago
A flexible-budget variance is $800 favorable for unit-related costs. This indicates that costs were: _____________
Galina-37 [17]

Answer: $800 less than standard for the achieved level of activity

Explanation:

A flexible budget variance refers to the difference that occurs between the results that are gotten by a flexible budget model and the actual results gotten.

Since the flexible-budget variance is $800 favorable for unit-related costs, this indicates that costs were $800 less than standard for the achieved level of activity.

Therefore, the correct option is D.

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3 years ago
When the weighted average cost method is used in a perpetual inventory system, a weighted average unit cost for each item is com
Julli [10]
D. >each time a purchase is a made
4 0
2 years ago
trighton's trailer co. sells all kinds of trailers and provides a one-year warranty on all new trailer sales. based on history,
matrenka [14]

At the end of the month, Trighton will record <u>$600</u> in warranty expenses.

Expenses is a term used in economics that can be described as the amount that is incurred in making a commodity or a product. These are the basic inputs that the firm has to acquire to maintain a particular product or products.

Trighton anticipates a return of 2% and will have a warranty cost of  $100 per trailer. As Victor sold 300 trailers for a total of $255,000, the total cost that would be incurred will be with respect to the anticipated return of 2% on the warranty cost and the number of the visitors or the seller have sold to the customer. Therefore the amount Trighton will record in warranty expenses is calculated as follows;

= 300 x.02 x $100

= $600

Although a part of your question is missing, you might be referring to this question:

Trighton's Trailer Co. sells all kinds of trailers and provides a one-year warranty on all new trailer sales. Based on history, Trighton anticipates that 2% of trailers will be returned and will have a warranty cost of $100 per trailer. During the month, Victor sold 300 trailers for a total of $255,000. At the end of the month, Trighton will record $____________ in warranty expense.

To learn more about warranty expense; click here:

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4 0
1 year ago
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