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3 years ago

Make a recommendation to Tom. Which loan should he use?

Business

2 answers:

ale4655 [162]3 years ago

6 0

Answer:

this is the sample answer

Explanation:

Tom should take loan option B, the loan with compound interest. Normally, loans with compound interest will result in more interest being paid. In this case, Tom needs to pay close attention to the interest rates that apply. Because the simple interest loan has a rate that is so much higher, it would be wise to choose the compound interest loan.

Lesechka [4]3 years ago

3 0

Answer:

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Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. Durin

fenix001 [56]

Answer:

actual quantity= 25,000 pounds

Explanation:

Giving the following information:

Standard quantity= 2 pounds per units

Production= 12,000 units

Direct material quantity variance= $5,000 unfavorable

Standard price= 120,000/(2*12,000)= $5

<u>To calculate the actual quantity used in production, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

-5,000 = (24,000 - actual quantity)*5

-5,000 = 120,000 - 5actual quantity

125,000/5 = actual quantity

25,000 = actual quantity

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3 years ago

What is the best way to put together a business plan?

V125BC [204]

The correct answer would be D. You're Welcome!! <span />

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3 years ago

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Discuss the pros and cons of four performance appraisal tools

Tresset [83]

Answer:

Pros and cons are for every method listed below. A person can only see his strength and power during self assessment and he may ignore all his mistakes as it can be his over confidence in himself. Graphic rating may be disappointing as many employees can get same rating and there will not be any difference among them in the pay rise.

Explanation:

There are four major performance appraisal tools

1. Self assessment

2. Graphic Rating

3. Behavioral Checklist

4. 360 degree feedback

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3 years ago

The following information is taken from the production budget for the first quarter: Beginning inventory in units 1000 Sales bud

olga2289 [7]

Answer:

The correct answer is 408,000 units

Explanation:

Computing the finished goods units to be produced during quarter is as:

= Desire units - Beginning inventory units

where

Desire units is 3,000

Beginning inventory units is 1,000

So,

=3,000 units - 1,000 units

= 2,000 units

Now, computing the finished goods units as:

Finished goods units = 2,000 units + Sales budgeted for the quarter

Finished goods units = 2,000 units + 406,000 units

Finished goods units = 408,000 units

NOTE: It should be 408,000 not 40800.

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3 years ago

Sebastian, an employee, understands that he has great potential after taking a self-assessment test at his company. He decides t

tiny-mole [99]

<h2>Sebastian is employing <u>Goal setting</u> as a mechanism of career management.</h2>

Explanation:

<u>Goal setting:</u>

Serve as a base for "Human resource Planning"

It is proven that those employees who have goal setting will show good performance on their job.
This will directly or indirectly promote the organization
We can achieve organizational goals too
Goal setting techniques are used by successful people around the world
This might even be a favorite interview questions because the HR can understand how effective the employee would be for the organization.

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3 years ago

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