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3 years ago

Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union?

1 answer:

5 0

He has experience in banking, but feels like he would be better suited in a credit union workplace. He feels that the working atmosphere is better and the customers are more pleasurable to work with.

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A store will give you a 2.25% discount on the cost of your purchase if you pay cash today. Otherwise, you will be billed the ful

OleMash [197]

The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;

([(200/195.5)(12)] - 1) at 100% equals 31.4%.

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5 0

2 years ago

There is an excess demand in a market for a product when rev: 05_07_2018 Multiple Choice supply is less than demand. quantity de

Brut [27]

Answer: Option (d) is correct.

Explanation:

Correct Option: Quantity demanded is greater than the quantity supplied.

Excess demand for a product occurs when quantity demanded is greater than the quantity supplied at the ongoing price. When their is a shortage of goods in a market. Excess demand is also known as shortage.

Excess supply occurs in a situation where quantity supplied is greater than the quantity demanded.

4 0

3 years ago

Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is c

Akimi4 [234]

A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.

6 0

3 years ago

Sierra Co. has provided the following information: Work in Process: Feb 1 25,000 units (100% complete for materials, 60% complet

Artemon [7]

Answer:

The answers are as follows:

a. 90, 000 units

b. Materials: 105,000; Conversion: 93,000

c. Materials: $1.4762; Conversion: $2.9785 (rounded to 4 decimal places)

d. $ 400,922 (rounded to whole dollar amount)

e. $31, 078 (rounded to whole dollar amount)

Explanation:

Work in process valuation entails calculating the value of goods which are started and completed during the period plus the value of goods which are not yet completed but have been started during the current period. In order to calculate the required, the following abbreviations will be employed:

Op.Wip is the value of the opening inventory

Current is the total cost of production in the current period

Total C is the total cost of production incurred during the current period including opening inventory

Comp. U is the quantity of completed units in the current period

WIP eq.U is the equivalent units of production for the current period. Equivalent units are the number of units that are computed for partially completed units of production.

Total eq.U is the total quantity of units produced including equivalent units (completed units plus equivalent units)

CPU is the cost per unit of production for materials as well as conversion costs

Mat represents materials and CC represents conversion costs

Part 1

$ $ $ $ $ $

Op. Wip Current Total C Comp. U WIP eq.U Total eq.U

Mat 35,000 120,000 155,000 90,000 15,000 105,000

CC 43,000 234,000 277,000 90,000 3,000 93,000

78,000 432000

Equivalent units: Materials (15,[email protected]% completion = 15,000 units); Conversion (15,[email protected]% completion = 3,000 units)

Cost Per Unit (CPU):

Materials cost: $1.476* ($155,000/105,000 units)

Conversion cost: $2.978** ($277,000/93,000 units)

Total CPU: $4.454** ($1.476 + $2.978)

*1.476190476

**2.978494624

***4.4546851

Part 2:

Work in Process: $

Materials: (15000 units * 1.476190476) 22,142.85714

Conversion Costs: (3000 units * 2.978494624) 8935.483871

Completed units: (90,000 units * 4.4546851) 400,921.659

 432, 000 

3 0

4 years ago

________ conservation involves the sampling, transferring, and storage of a species in a place other than the original location

Virty [35]

With 9,063 liters of water required to produce an average kilo, nuts challenge meat as the most water-hungry food type.Fruits and vegetables fall further down the food chain, requiring 962 and 322 liters per kilogram, respectively.

Why is water not considered an "economic good" in the usual sense?

When it comes to water, the law of supply and demand does not apply because you cannot choose which company supplies your home with water.More than just market mechanisms are used to determine the final price of water.

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8 0

1 year ago