2. What is the range of the FICO score?

Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, th

goldfiish [28.3K]

Answer:

$85,260.

Explanation:

The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.

Cost per call = $203,000 / 7000 calls

Cost per call = $29.

Wholesales operations cost = No. of calls for wholesale operation / Cost per call.

Wholesale operations cost = 2,940 calls * $29 / call

Wholesale operation cost allocated amount = $85,260.

6 0

3 years ago

Self-motivation is a very important quality that employers look for. Being ready to complete assigned tasks without having to be

viva [34]

Answer:

if you pick a job you really dont like you're not gonna go to it clock in none of that picking a job you like and comfortable with you'll want to go everyday and give 110 percent

5 0

3 years ago

The state tax Patrick must pay on the initial profit is . The federal tax he must pay on the initial profit is . The inflation o

guapka [62]

Answer:

The state tax Patrick must pay on the initial profit is $350. The federal tax he must pay on the initial profit is $1750. The inflation on the amount remaining after taxes is $147. As a result, the real value of Patrick’s profit is $4678

Explanation:

Patrick has successfully invested in a growing tech company. Three years ago he invested $10,000 in the company through a broker. Now he has decided to sell his stock. The value of his stock is now at $17,000. Here are the taxes and fees associated with his investment: Annual brokerage fee: $25 State tax: 5% of profit Federal tax: 25% of profit Inflation rate: 1% per year The state tax Patrick must pay on the initial profit is . The federal tax he must pay on the initial profit is . The inflation on the amount remaining after taxes is . As a result, the real value of Patrick’s profit is .

Answer:

Patrick invested $10000 and after three years the value of his stock is $17000.

Profit = Value of stock - Amount invested = $17000 - $10000 = $7000

Total brokerage fee = Annual brokerage fee × number of years = $25 × 3 = $75

State tax = 5% of profit = 5% of $7000 = 0.05 × $7000 = $350

Federal tax = 25% of profit = 25% of $7000 = 0.25 × $7000 = $1750

Profit after tax = $7000 - $350 - $1750 = $4900

Inflation on the amount remaining after taxes = 1% of profit after tax × number of years = 3 years × (0.01 × $4900) = 3 × $49 = $147

Therefore the real value of profit = Profit - Total brokerage fee - state tax - federal tax - inflation = $7000 - $75 - $350 - $1750 - $147 = $4678

5 0

3 years ago

Read 2 more answers

Should all companies use blind recruiting in place of traditional recruiting, or are there exceptions that must be considered?

Leto [7]

Answer:

There are advantages and disadvantages to both recruitment methods. Traditional recruitment is still the most common method of recruitment used in the world, due to its simplicity and greater speed in attracting candidates through advertisements, references and internal hiring, for example, which consequently speeds up the selection process, but this type of recruitment can lead to biased evaluations of candidates and not hiring employees based on some kind of prejudice.

In blind recruitment, however, it is not possible to identify details of curriculum and candidates, the selection is made through factors such as experience and skills of the candidate, which eliminates associated prejudices such as age, gender and ethnicity. But the disadvantage of blind recruitment is that it can reduce organizational diversity and miss details that align the candidate's values to organizational culture.

Therefore, it is necessary for each company to analyze which recruitment methods will be more advantageous according to the position, with traditional recruitment being more relevant for hiring professionals for higher hierarchical positions, where there is a need for a more in-depth analysis.

3 0

3 years ago

A homebuyer took out a $350,000 30-year fixed rate loan at 4.5% interest with a monthly payment of $1,773.40. After making two m

Wittaler [7]

The principal balance of the loan will have been reduced by a total of: a. $923.53.

<h3>Principal balance of loan</h3>

First step

First month's payment:

Annualized interest=$350,000 ×.045

Annualized interest = $15,750

First month's interest=$15,750/12

First month's interest= $1,312.50

First month's principal reduction=$1,773.40- $1,312.50

First month's principal reduction= $460.90

Remaining balance=$350,000 -$460.90

Remaining balance= $349,539.10

Second step

Second month's payment:

Annualized interest=$349,539.10 × .045

Annualized interest = $15,729.30

Second month's interest=$15,729.30/ 12

Second month's interest= $1,310.77

Second months principal reduction= $1,773.40 -$1,310.77

Second months principal reduction = $462.63

Third step

Total principal reduction after 2 payments=$460.90 + $462.63

Total principal reduction after 2 payments = $923.63

Therefore the correct option is A.

Learn more about Principal balance of loan here:brainly.com/question/27362459

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6 0

2 years ago