1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maks197457 [2]
3 years ago
11

If a firm borrows ​$8 comma 000 from households at an annual interest rate of 6 ​percent, how much will the firm pay in interest

payments each​ year?
Business
1 answer:
laila [671]3 years ago
8 0

Answer:

The firm will pay 480 dollars each year as interest payment.

Explanation:

The interest amount is calculated by multiplying the rate of interest with the amount borrowed. In problem loan is 8,000 dollars and rate of interest is 6%, so the interest amount will be calculated as follow

Interest payment = 8,000 * 6% = 480 dollars

You might be interested in
Identify four factors that affect whether an industry does or does not present a company with a good business opportunity?
gtnhenbr [62]

Answer:

  1. Rivalry between competitors
  2. Bargaining power of suppliers
  3. Bargaining power of customers
  4. Threat of new competitors

Explanation:

The factors chosen to identify whether or not a sector presents a good business opportunity for a company, were the strengths of Porter, who analyzes the micro and macro environment to determine whether a company can be competitive in the market.

The rivalry between competitors is an essential factor to measure the degree of opportunity for a business to be successful, as this factor will determine different variables among competitors of similar products in the market, such as the strength of the brand, the demand for your product, etc. in order to measure how this factor will directly impact your business.

The bargaining power of suppliers implies the bargaining power of the supplier with the company, being able to provide favorable or unfavorable conditions to a business, such as price, delivery time, quality, etc.

The bargaining power of buyers means measuring and monitoring how your product will have a positive or negative weight on the customer and which affects the volume of purchases, the possibility of the customer negotiating with the company, etc.

And the threat of new competitors concerns new competitors that can enter the market and directly impact their business, for this the barriers to entry such as legislation, high entry capital, etc. should be analyzed.

3 0
3 years ago
Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on deliv
olga2289 [7]

Answer: His employees are regularly rewarded for their success in meeting company goals. <u><em>Quality Catering has a market culture.</em></u>

Market culture is a type of organizational culture which accentuate on the aggressiveness not only within the administration and market contender but also between worker. The model is assertive, competitive and capitalistic.

5 0
3 years ago
Maris Brothers Inc. needs a cash disbursement schedule for the months of April, May, and June following information in its prepa
Citrus2011 [14]

An swer:

June $975,286

April $1,118,052

May $1,076,856

Explanation:

Maris Brothers Inc.Schedule of Projected Cash Disbursements

April May June

Purchases (0.55 x sales)

April $542,000 ×0.55= $298,100

May $629,000×0.55=$345,950

June $657,000×0.55=$361,350

Cash purchases (.10)

April $542,000 ×0.10= $54,200

May $629,000×0.10=$62,900

June $657,000×0.10=$65,700

Payments of A/PLagged 1 month (0.45)

April $542,000 ×0.45= $243,900

May $629,000×0.45=$283,050

June $657,000×0.45=$295,650

Lagged 2 months(0.45)

April $542,000 ×0.45= $243,900

May $629,000×0.45=$283,050

June $657,000×0.45=$295,650

Rent payments

April $8,030

May $8,030

June $8,030

Wages and salaries

April $542,000 ×0.068+5,800= $42,656

May $629,000×0.068+5,800=$48,572

June $657,000×0.068+5,800=$50,476

Tax Payments

June $54,100

Fixed-asset outlays

April $74,000

Interest payments

June $30,400

Cash dividend payments

April $12,500

Total Cash Disbursements

June

($298,100 +$54,200+$243,900+$243,900+$8,030+$42,656+$54,100+$30,400)

=$975,286

April

($345,950+$62,900+$283,050+$283,050+$8,030+$48,572+$74,000+$12,500)

=$1,118,052

May

($361,350+$65,700+$295,650+$295,650+8,030+$50,476)

=$1,076,856

6 0
3 years ago
The largest expenditure component of gdp is:
kenny6666 [7]
Goverment spending is the ansewer i belive
5 0
3 years ago
A wheat farmer in Nebraska takes a risk and starts a new farm on land that was previously thought unfit for growing wheat. If hi
PolarNik [594]

Answer:

Entrepreneurship

Explanation:Entrepreneurship - it is referred to as taking risk of producing new products or starting something new by utilizing the resources available in the area.

If after utilizing the resources lead the market value of resulted outcomes is greater than available resources then entrepreneur has a profit.

In the same way, the wheat farmer is starting to invest in the land which assumed to be not good for growing wheat.

7 0
3 years ago
Other questions:
  • More and more companies are increasing their interactive marketing budgets. most of this investment will be made in:
    5·1 answer
  • In figuring out all the ways that you can come up with the money you need to buy the used car you saw advertised in the newspape
    15·1 answer
  • When planning to defend ideas objectively to others who may not understand or agree, what should you do before the presentation?
    10·1 answer
  • With a(n) _______ financial statement, the accountant has put the information into the required format and performed a limited r
    7·1 answer
  • When determining whether to record an asset as a fixed asset, what two criteria must be met?
    7·1 answer
  • An actor is hired to appear in a series of commercials promoting a new laptop computer. The actor's last two movies, though, hav
    12·1 answer
  • Which of these statements represent ideas that Peter Drucker introduced in his book The Practice of Management? (select all that
    15·1 answer
  • Cricket Corp. issued, without consideration, rights allowing stockholders to subscribe for additional shares at an amount greate
    14·1 answer
  • Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or
    8·1 answer
  • Portfolio Tosi z czerwonego krzesla​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!