It is important to keep in mind that if the retailer imposes additional costs or penalties for late payments, the actual borrowing rate can be greater. Before deciding to use the deferred payment option, customers should carefully consider the terms and conditions of that option.
The implicit borrowing rate being paid by customers who choose to defer payment for the month can be calculated as follows.
First, we need to determine the cost of the purchase after the 4.00% cash discount has been applied. For example, if the cost of the purchase is $100, then the discounted price would be $96.
Next, we need to calculate the interest that would be charged on the full price of the purchase if payment is deferred for one month. Let's assume that the interest rate charged by the store is 2.00% per month.
Using this information, we can calculate the interest charged on the full price of the purchase as follows:
Interest = (Full price of purchase) x (Interest rate) x (Time)
Interest = $100 x 0.02 x 1
Interest = $2
Therefore, the implicit borrowing rate being paid by customers who choose to defer payment for the month is 2.00%. This is because they are effectively borrowing the full price of the purchase for one month and paying $2 in interest on that loan.
It is worth noting that the actual borrowing rate may be higher if the store charges additional fees or penalties for late payments. Customers should carefully consider the terms and conditions of the deferred payment option before choosing to use it.
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formal operational thought is most necessary for the development of
Formal operational thought is most necessary for the development of deductive reasoning. Adolescents develop this ability in the stage of formal operational thought, which is the fourth stage of Piaget’s theory of cognitive development.
Deductive reasoning is the ability to use general principles to predict specific outcomes. It is an essential ability for successful problem-solving, planning, and decision-making.During the formal operational stage, adolescents can also think hypothetically. Hypothetical thinking involves the ability to consider possibilities and ideas that don't exist in the real world. In this stage, adolescents can also think abstractly. Abstract thinking involves the ability to think about ideas and concepts that don't have any physical existence. It helps them understand complex ideas such as love, freedom, or democracy.
To sum up, formal operational thought is most necessary for the development of deductive reasoning. Adolescents in this stage can use their hypothetical and abstract thinking abilities to think logically and come up with solutions to complex problems. This stage is crucial for their intellectual development, and it helps them become better problem-solvers and decision-makers.
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Nola Potter earns a salary of $1,200 a month and a commission of 7.5% on all sales over $4,000. This month her sales were $21,400. Find her total earnings for the month.
Answer:
$ 2,805
Explanation:
Nora has a salary of $1200
The commission is paid on all sales above $4000 at 7.5%
Current month sales are $21,400.
Commissions to be paid will be 75% of $21,400
=7.5/100 x $21,400
=0.075 x 21,400
=$1,605
Nora's total earnings will be salary plus commissions
=$1,200 +$1,605
=$ 2,805
In this passage, why would miss havishams wedding experience have been life altering from her point of view as a women in a victorian era
Miss Havisham's wedding experience would have been life-altering from her point of view as a woman in a Victorian era because marriage was one of the most significant events in a woman's life during that time.
It was considered the ultimate goal for women, and being unmarried was considered a failure in society. Women were expected to marry well and fulfill their duties as wives and mothers. Miss Havisham's failed wedding experience shattered these expectations and left her in a state of shock and despair. She was publicly humiliated and became a social outcast. Moreover, she became fixated on her wedding day, which became the defining moment of her life. She withdrew from society and stopped living her life, and instead, lived in the past, holding onto the pain and anger from her failed wedding. In conclusion, Miss Havisham's wedding experience would have been life-altering from her point of view as a woman in a Victorian era because it destroyed her hopes and dreams of being married and left her unable to move on from that traumatic event.
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When faced with needing additional money during college, which option is NOT true?
Taking on a job can cut into study time.
Paying with credit cards can end up costing more money.
Paying with additional loans can lead to connections and opportunities.
Taking on a job can make connections that lead to opportunities.
Answer:
c
Explanation:
Additional loan incurs more debt doesn't lead to opportunities or connections
I need help on these two. 15 pts. Brainliest...
activities that generally include sensorimotor activities, manipulative toys, and task completion type activities best describes what type of play?
Activities that generally include sensorimotor activities, manipulative toys, and task completion type activities best describes Beginning Play .
What is sensorimotor activities?
A newborn experiences the world while simultaneously growing their brain and body through crawling, balancing, visual tracking, and coordination. Sensorimotor system delays are frequent in kids who have learning or developmental problems.What are the sensorimotor stage's activities?
It starts from birth and continues until age 2. Your child picks up knowledge about the world by interacting with their environment during this time by employing their senses. They handle objects, lick them, thrash them about (joyfully, we might add), and then put them in their mouths. They start to work on their fine motor abilities as well.Learn more about sensorimotor activities.
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3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
During the economic downturn, alejandro’s neighbor, a successful accountant, lost his job and had to sell his house. Alejandro decided that this neighbor "must have really messed up at his work. " this is an example of.
A successful accountant who was Alejandro's neighbor lost his job and had to sell his home due to the recession. This neighbor "must really have messed up at his employment," Alejandro reasoned. This is an illustration of a simple worldview.
What is an economic downturn?When the value of stocks, real estate, and commodities decreases, productivity either stagnates or declines, and GDP (gross domestic product) contracts, stagnates or expands more slowly, this is referred to as an economic downturn.
An economic downturn is a normal fluctuation of the economy between expansionary and deflationary periods that is referred to as the economic cycle. The business cycle or trade cycle is another name for the economic cycle.
A downturn typically refers to the graph's downward tendency. However, when referring to a slowdown in growth, analysts and the press have been known to use the phrase.
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What are examples of hospitality and tourism careers? select five options. hotel clerk janitor waitress actor tour guide hairstylist funeral director chef
Here's the above mention about the hospitality and tourism careers. These are the main pillars of tourism and hospitality. As we know, the tourism industry plays a vital role in any economy.
In society, people earn to visit and spent good time with their families and during these above mentioned 5, things are main during the tour.
Tour guide: He knows the history of the area being visited.Waitress: she provides services related to the hotel or motel. she serve food and beverages and ammuse visitors.For more questions like Service visit the link below:
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Answer:
Hotel Clerk
Janitor
Waitress
Tour Guide
Chef
Explanation:
These 5 careers are examples of Hospitality and Tourism careers.
Which savings option divides your investment among multiple companies
Answer:
Mutual funds
Explanation:
I just did it in school a p e x and I searched.
In a bank reconciliation, deposits outstanding are: a. subtracted from the bank balance. b. added to the book balance. c. added to the bank balance. d. subtracted from the book balance.
In a bank reconciliation, deposits outstanding are b. added to the book balance.
What is book balance?The book balance is the balance of cash in a company's general tally, while the bank balance is the balance of cash in the company's bank account. Deposits outstanding are deposits made by the company that haven't yet been recorded by the bank.
To attune the book balance with the bank balance, outstanding deposits are added to the book balance. This is because the book balance formerly includes the deposits made by the company, while the bank balance doesn't yet reflect those deposits until they're recorded by the bank.
Thus, the correct answer is b. added to the book balance.
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Do BLACK LIVES MATTER??????!!!!!!!!!!
Answer:
OF COURSE THEY DO Y DONT PPL SAY ALL LIVES MATTER
Answer: YES .
Explanation:
two rivers that helped China develop
primero el rio Amarillo (Huang He) en el norte, y más tarde el Yangtze en el sur.
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
The ____ approach is a distillation of the steps and considerations that should be taken to formulate an effective corporate strategic plan.
The formal approach is a systematic and structured method used to formulate an effective corporate strategic plan by gathering data, analyzing it, creating alternatives, and selecting a course of action.
The formal approach is a distillation of the steps and considerations that should be taken to formulate an effective corporate strategic plan. A formal approach is a systematic and structured method used in defining business issues and providing solutions. The formal approach is the process of gathering data, analyzing it, creating alternatives, and selecting a course of action.
The formal approach to strategic planning is a systematic and comprehensive approach that examines the strategic plan in a step-by-step manner. The formal approach is primarily concerned with meeting the organization's long-term strategic goals by determining the best course of action for the company to follow.
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(T/F) a good rule of thumb is to limit consumer credit payments to 30% of your net (after-tax) income.
The given statement "A good rule of thumb is to limit consumer credit payments to 30% of your net (after-tax) income" is False.
A good rule of thumb is to limit consumer credit payments to 30% of your net (after-tax) income. This ensures that you have enough money left over for other essential expenses and savings.
However, it is important to note that this is just a guideline and your personal financial situation may require a different percentage. It's always a good idea to create a budget and prioritize your expenses to ensure financial stability.
The statement that a good rule of thumb is to limit consumer credit payments to 30% of your net (after-tax) income is not universally applicable and may not be the most suitable guideline for everyone.
While it is generally recommended to manage your debt responsibly and keep your credit payments within a reasonable range, the 30% threshold may not be appropriate for all individuals and financial situations.
The optimal percentage of consumer credit payments can vary depending on several factors, including an individual's overall financial health, personal financial goals, and other financial obligations. For example, someone with high fixed expenses or significant debt may find it challenging to keep their credit payments within the 30% limit.
It is crucial to consider the bigger financial picture and assess your ability to comfortably manage debt while still meeting your other financial goals, such as saving for emergencies, retirement, or other important expenses.
Rather than relying on a one-size-fits-all rule, it is advisable to create a personalized budget that takes into account your specific circumstances and financial objectives.
Furthermore, it's worth noting that financial experts generally recommend minimizing debt and striving to pay off credit balances in full each month whenever possible to avoid accruing high-interest charges and becoming over-reliant on credit.
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Why is Netflix's stocks going down?
Answer:
Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.
Explanation:
Hope this helpes.
Sanjay would like to double the money in his retirement account in ten years. According to the rule of 70, what rate of interest would he need to earn to attain his objective?10 percent5 percent14 percent7 percent
According to the rule of 70, Sanjay would need to earn a 7% annual interest rate to double his retirement account in 10 years.
The rule of 70 is a quick method to estimate the time it takes for a variable to double, given its annual growth rate. The formula is:
Years to double = 70 / annual growth rate
In this case, Sanjay wants to double his retirement account in 10 years, so we can rearrange the formula to find the required annual growth rate:
Annual growth rate = 70 / years to double
Annual growth rate = 70 / 10 = 7
Therefore, Sanjay would need to earn a 7% annual interest rate to double his retirement account in 10 years, according to the rule of 70.
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This is calculated using the rule of 70, which states that to determine how long it will take for an investment to double, divide 70 by the expected annual rate of return. In this case, 70 divided by 10 years is 7 percent. Therefore, Sanjay would need to earn an annual interest rate of 7 percent to attain his objective.
To double the money in his retirement account in ten years, Sanjay would need to achieve a growth rate of 7 percent per year. A retirement account is a type of bank account created to assist people in saving money for retirement. Tax benefits are frequently provided by retirement accounts to entice people to invest for their golden years. Individual Retirement Accounts (IRAs): An IRA is a retirement account that enables pre-tax contributions for retirement planning. Roth IRAs: A retirement account that enables people to save after-tax money, with typically tax-free withdrawals. SEP Plans: A retirement programme that enables independent contractors and proprietors of small businesses to make tax-deductible contributions to their retirement account. A retirement plan created specifically for small firms with less than 100 workers is known as a simple IRA.
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on december 31, 2018, bonsai boards has 15 maple sleds at a cost of $1,200 per unit (total inventory of $18,000). the current replacement cost (value) of the inventory is $1,100 per unit (total value of $16,500). based on the lcm rule, what adjustment, if any, is needed?
An adjustment of $1,500 is required for the inventory based on the LCM rule. On December 31, 2018, Bonsai Boards had 15 maple sleds in inventory.
Each sled had a cost of $1,200 per unit, resulting in a total inventory value of $18,000. Based on the LCM (lower of cost or market) rule, an adjustment is needed when the replacement cost of inventory is lower than its original cost.
In this case, the replacement cost of the maple sleds is $1,100 per unit, which is lower than the original cost of $1,200 per unit.
Therefore, an adjustment is needed.
To calculate the adjustment, you would subtract the replacement cost from the original cost.
The adjustment per unit would be $1,200 - $1,100 = $100.
Since there are 15 units of maple sleds, the total adjustment would be $100 x 15 = $1,500.
Therefore, an adjustment of $1,500 is needed based on the LCM rule.
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Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
How Socially Conscious Are You?
A source for conducting formal research would include _____.
a.
observations
b.
interviews
c.
written reports
d.
personal ideas
Please select the best answer from the choices provided
A
B
C
D
Answer:
C. written reports
Explanation:
edge 2020, I just took the test and it was c not a.
Answer:
C
Explanation:
alternative sources of start-up funding available to young South African entrepreneurs
The sources of capital that are available to the young entrepreneurs in South Africa would be:
grantsIDF CapitalFinance agenciesLulalend Business Funding.What is meant by finance capital?This is the term that is used to refer to the money that a person would need in order to be able to start a business. It is the money that is needed to get things in an operational form.
The lack of capital is one of the issues that face the growth of the entrepreneurial business world in South Africa as a lot of people do not have the money with which to build on.
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1. I started this business after dropping out of college and my buddy and I wanted to start this company. We had very little money or business knowledge but lots of drive. We now have the largest company in the world. Who am I?
The correct answer to this open question the following.
Although these situations could be related to some "tech" geniuses, we can say that we are talking about Steve Jobs.
It is true that Steve Jobs started his business after dropping out of college, and his buddy and Jobs wanted to start this company. They had very little money or business knowledge but lots of drive.
And Steve Jobs created the world empire called Apple. Indeed, he revolutionized the world of communications with his creations.
Steve Jobs dropped out of Reed College.
Another famous and billionaire in the tech industry that dropped college was Bill Gates, the founder of Microsoft. He left Harvard University in 1975 to form his own company.
preventive measure of sheep and goat
Answer:
The clostridial vaccines are the only ones that can be recommended on a blanket basis for almost all sheep and goats. All other vaccination programs need to be developed specific to a herd/flock. Sheep and goats should be vaccinated for Clostridium perfringens Types C and D and tetanus (CD&T) at appropriate times.
Explanation:
What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease .
Answer:
Diminishing returns to labor
"if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease."
The above statement is not correct.
The total amount produced by all of the workers will not decrease. It will increase, but the increase will not be as much as it was before the continued increase in labor because of the law of diminishing returns.
Explanation:
The law of diminishing returns to labor explains that the marginal increase in total output will not be the same as it was before the increase because one of the inputs in production, like capital is kept constant, while labor is being continuously increased. The reason for this is that the capital assets will not be enough for the increasing population of labor when the entity has reached its full capacity. Unless capital assets (capacity) is increased as labor is increased, there will reach a point when the production per labor will start to decrease instead of increasing, but the total production will continue to increase.
In Economics, the law of diminishing returns holds that if one input is held constant (capital) while other inputs ( e.g. labor) are being increased, a point is reached when the additional inputs yield smaller output or diminishing returns relative to the increasing inputs. This law is also called the principle of diminishing marginal productivity. This principle teaches managers to be aware that if they want to achieve total increases in productivity, it is not only one input that should be increased, especially after a point.
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What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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Renee Wilson has a life insurance policy where the payments to beneficiaries get smaller as time passes. What type of term life insurance does Renee likely have
Decreasing term life policy is the life insurance policy where the payments to beneficiaries get smaller as time passes. Declining term insurance has cheaper rates than other types of term life insurance.
What is life insurance?Life insurance is a contract between the person and an insurance provider. In return of the insurance payment the insurance company will pay the beneficiaries of huge amount.
The lump-sum amount is also called the death benefit amount which will get at the time of death of the insurance holder. The person's beneficiaries can spend the money on whatever they like.
Thus, Decreasing term life policy is the life insurance, where payments decrease as the time passes.
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which type of firm invests in lean manufacturing programs in order to improve customer service levels for a given inventory investment?
make-to-stock type of firm invests in lean manufacturing programs in order to improve customer service levels for a given inventory investment.
A concept known as "lean manufacturing" aims to increase productivity while eliminating waste in industrial systems. Anything that buyers do not think adds value to and are not prepared to pay for is considered waste. Lean manufacturing has many advantages, some of which include shorter lead times, lower operational expenses, and better product quality.
Organizations from a variety of industries can enable the practice of lean manufacturing, commonly referred to as lean production or lean. Toyota, Intel, John Deere, Nike, and other well-known corporations all employ lean techniques. The strategy is still employed by numerous other businesses and is based on the Toyota Production System. A lean production system might be advantageous for businesses that use enterprise resource planning (ERP).
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