The document is called Customer Statement.
What is a bank Statement?A bank statement is an official summary of all financial transactions made for each bank account that a person or business has with a financial institution within a specific time period. These statements, which are created by the financial institution, are numbered and reflect the time period they cover. They may also include other information pertinent to the type of account, such as the amount due by a specific date. The day following the conclusion of the previous statement period is typically the start date of the new statement period.The consumer frequently uses bank statements to track cash flow, look for potential fraud, and execute bank reconciliations.In the past, they have been printed on one or more sheets of paper and sent to the account holder by mail or maintained at the local branch of the financial institution for pick-up. In order to speed up the reconciliation process, there has been a move in recent years toward paperless electronic statements. In addition, many financial institutions now provide direct downloads of financial information into the accounting software of account holders. Important bank statements must typically be kept for a period of time determined by the appropriate tax authorities for audit and tax purposes.
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A Customer Statement is,
A customer receives this document by mail every month, on average. It includes information on all sales, cash receipts, and credit memo transactions that were made during the specified time period using the customer's account.What is a bank Statement?A bank statement is an official summary of all financial transactions made for each bank account that a person or business has with a financial institution within a specific time period.These statements, which are created by the financial institution, are numbered and reflect the time period they cover.They may also include other information pertinent to the type of account, such as the amount due by a specific date.The day following the conclusion of the previous statement period is typically the start date of the new statement period.The consumer frequently uses bank statements to track cash flow, look for potential fraud, and execute bank reconciliations.In the past, they have been printed on one or more sheets of paper and sent to the account holder by mail or maintained at the local branch of the financial institution for pick-up.In order to speed up the reconciliation process, there has been a move in recent years toward paperless electronic statements.In addition, many financial institutions now provide direct downloads of financial information into the accounting software of account holders.Important bank statements must typically be kept for a period of time determined by the appropriate tax authorities for audit and tax purposes.To learn more about bank statements, refer to
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your coin collection contains 53 1952 silver dollars. if your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2063, assuming they appreciate at an annual rate of 4.4 percent? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
6310.03 will be collection worth after retiring in 2063.
Considering the values given in the question,
P(Present value) = 53
r(Rate of interest) = 4.4%
n(Time period) = 111
A(Future value) = ?
We know that, Compound interest = P(1+r/100)^n
So, A = 53(1+4.4/100)^111
= 53*119.0571143
= 6310.03
Therefore, After retiring in 2063, the collection will be valued 6310.03.
The interest that is computed using both the principal and the interest that has accrued during the previous period is called compound interest. In contrast to simple interest, compound interest does not factor in the principal when calculating the interest for a subsequent period.
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Forward rate agreements can be used for speculative purposes. If one believes rates will be less than the agreement rate,A) take a long position in the spot market.B) the purchase of a FRA is the suitable position.C) take a short position in a forward rate agreement.D) the sale of a FRA is the suitable position.
Forward rate agreements can be used for speculative purposes. If one believes rates will be less than the agreement rate, the purchase of an FRA is the suitable position.
An FRA is an agreement between two parties who agree on a fixed rate of interest to be paid and entered at a fixed date in the future. The interest exchange is grounded on an ideational star quantum for a term of no lesser than six months. FRAs are used to help companies manage their interest rate exposures.FRAs can be used by borrowers who have a desire or need to alter their interest rate or cash inflow profile to suit their particular requirements.
FRAs are used by borrowers looking to cover themselves from or take advantage of, unborn interest rate movements. Variable rate borrowers would use FRAs to alter their interest cost by converting from being a variable rate interest payer to a fixed rate interest payer in a request where variable interest rates are anticipated to rise.
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what is the most important information you need to receive a stock quote? once you have information, in two to three sentences, describe what information you can obtain from a stock quote. savestylesformat instructions
You should first follow the news to learn the most recent information about stocks and their performance. Then you decide which stock to invest in, and then you look up the stock using its symbol.
The price of a stock as it is quoted on an exchange is known as a stock quote. A fundamental quote for a particular stock gives details such the bid and ask prices, last traded price, and volume traded. Since April 9, 2001, all stocks in the United States are quoted in decimals rather than fractions. Bid-ask spreads have drastically decreased as a result; spreads for the most actively traded equities are currently as low as one penny, down from one sixteenth of a dollar (or $0.0625) before.
Investors access stock quotes online or via mobile devices like smartphones more frequently than they do print media like newspapers and magazines. While real-time stock quotes are typically only accessible to paid subscribers, many online portals and websites offer delayed stock quotes to users for free.
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what are some of the pitfalls of allocating fixed costs on a variable allocation base, such as departmental sales? multiple select question. departments with higher sales are able to shift the costs to less profitable departments. costs allocated to one department are heavily influenced by what happens in other departments. departments with higher or improving sales will be allocated a larger percentage of the costs, thus shifting costs to their departments.
Departments with higher or improved sales will be allocated a larger percentage of the costs, thus shifting costs to their departments. Costs allocated to one department.
As a fraction of 100, a percentage is a number or ratio. The abbreviations "pct.", "pct.", and occasionally "pc" are also used to indicate it, though the percent sign, "%," is most frequently used. A percentage has no dimensions and no standard measurement.
percent, a comparative value denoting one hundredth of any quantity. One percent (symbolized as 1%), being the hundredth part, is represented by 100 percent, while 200 percent specifies twice the amount specified. percentage.
the picture
In order to move a potential customer from the initial stage of awareness to a closed sales, a salesperson must follow a set of cyclical steps.
An individual in a sales position is in charge of promoting and selling goods.
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smathers corporation stock has a beta of .92. the market risk premium is 7.50 percent and the risk-free rate is 3.15 percent annually. what is the company's cost of equity?
Smather's corporation stock has a beta of .92. the market risk premium is 7.50 percent and the risk-free rate is 3.15 percent annually. Hence, the company's cost of equity is 10.05%.
Smather's Corp. stock has a beta of 0.92.
⇒ Beta = 0.92
Risk-free rate = 3.15 percent
Market risk premium = 7.50 percent
Formula: Cost of Equity = [ Risk free rate + (Beta) × ( Market risk premium) ]
Substitute all values, we get
Cost of Equity = [ 3.15 + (0.92) × ( 7.50) ]%
= [3.15+6.9]%
= 10.05%
Hence, the company's cost of equity is 10.05%.
The return a business needs to determine if an investment satisfies capital return criteria is known as the cost of equity. It is frequently used by businesses as a cap for the required rate of return. The price the market is willing to pay to possess an asset and assume ownership risk is known as a company's cost of equity. The capital asset pricing model and the dividend capitalization model are the two conventional formulas for calculating the cost of equity (CAPM).
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find how much money should be deposited in a bank paying interest at the rate of 3.5%/year compounded quarterly so that at the end of 3 years, the accumulated amount will be $80,000. (round your answer to the nearest cent.)
Depositing $70190 in a bank that offers interest at a rate of 3.5% per year compounded quarterly will result in an accumulation of $80,000 after three years.
What is the formula for compound interest?Compound interest is the practice of adding interest to the principal of a loan or deposit. It is sometimes referred to as interest on principal and interest.
The future value of a loan or investment may be determined using the formula FV = P*(1+R/N)(N*T), where FV is the future value, P is the original principal, R is the annual interest rate, N is the number of times interest is compounded annually, and T is the amount of time in years.
In the given question.
Amount = $80,000
Interest= 3.5%
Time= 3 year
compounded quarterly
A = P [tex](1+ \frac{r}{4}) ^{4t}[/tex]
80,000= P [tex](1+ \frac{35}{4000}) ^{12}[/tex]
80,000= P [tex](\frac{4035}{4000}) ^{12}[/tex]
P= 80,000 x [tex](\frac{4000}{4035}) ^{12}[/tex]
P= 80,000 x [tex](0.99)^{12}[/tex]
P= $70190
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for which of the following types of audiences should you avoid a question-and-answer period at the end of a presentation?
For hostile types of audiences should you avoid a question-and-answer period at the end of a presentation?
A donation conveys information from a speaker to followership. donations are generally demonstrations, preface, lectures, or speeches meant to inform, convert, inspire, motivate, make goodwill, or present a new idea/ product. donations generally bear medication, association, event planning, jotting, use of visual aids, dealing with stress, and answering questions.
“ The crucial rudiments of a donation consists of the presenter, followership, communication, response, and system to deliver a speech for organizational success in an effective manner. ” donations are extensively used in tertiary work settings similar to accountants giving a detailed report of company's financials or an entrepreneur pitching their adventure idea to investors. The term can also be used for a formal or ritualized preface or immolation, as with the donation of an ingenue.
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kassie is a merchant who sells electronic equipment. adam is an electronics enthusiast who sells and buys parts for various electronic projects he is undertaking. according to article 2 of the uniform commercial code (ucc), which party has a higher standard of behavior?
According to article 2 of the uniform commercial code (ucc), Kassie's party has a higher standard of behavior.
What is Uniform Commercial Code?The Uniform Commercial Code (UCC) is a code of proposed commercial statutes adopted by all states as state law.
According to Article 2 of the Uniform Commercial Code, any written document signed by a merchant in which he promises to buy or sell goods is a firm offer that cannot be revoked.
Essentially, in order for an offer to be considered a firm offer, it needs to be in writing, it needs to be signed by the party, and most importantly, it needs to state a promise to perform a transaction.
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at the beginning of the lease period, a lease is reported in the lessee's (user's) balance sheet for which amount?
at the beginning of the lease period, a lease is reported in the lessee's (user's) balance sheet for Fair worth of the fundamental resource.
Present worth of anticipated cash inflows from utilizing the fundamental resource. Leases are not announced yet to be determined sheet.
How are working leases detailed in the resident's fiscal reports?
On account of a working lease, the tenant will record a rent cost on its pay proclamation during the period it utilizes the resource. No resource or risk will be recorded on the accounting report.
How would you represent a rent on a monetary record?
A rent will be recorded on the accounting report as a right-of-purpose (ROU) resource and rent risk. The rent responsibility is the instalment commitment over the term of the rent contract, while the ROU resource addresses the control of the resource under the rent contract.
When a rent qualifies as a money rent what sum is recorded as the expense of the right-of-purpose resource?
The right-of-purpose resource is a tenants on the whole correct to utilize a resource over the existence of a rent. The resource is determined as the underlying measure of the rent risk, in addition to any rent instalments made to the lessor before the rent beginning date, in addition to any underlying direct costs brought about, short any rent motivating forces got.
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the distribution to employees of a percentage of the company's profits is known as . multiple choice question.
Profit sharing, system via which employees are paid a share of the internet income of the employer that employs them, in accordance with a written system defined in advance.
Such payments, which can also fluctuate in accordance to revenue or wage, are distinct from and extra to regular earnings.
What are the advantages of income sharing?This approves businesses to limit their tax liability and extend their savings. Employers additionally do not have to fear about paying their employees in years when earnings might also be low.
Example of Profit-Sharing Plans
Suppose a company, ABC corporation, earns an annual income of $500,000. This agency employs three employees, X, Y, and Z. Now, all the employees earn an income of $400,000, $200,000, and $400,000, respectively. The organisation has a coverage of a 10%profit sharing plan.
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https://brainly.com/question/1777823#SPJ4which term has a meaning different from the other ones? amount to be repaid on the maturity date face value price par value
The price of a bond changes over time, but the face value or par value remains constant and indicates the amount to be returned on the bond's maturity date.
What is the maturity date?The maturity date of a note, draft, acceptance bond, or other financial instrument is the day on which the principal amount becomes due. The principal investment is refunded to the investor on this date, which is normally stated on the certificate of the instrument in question, and the interest payments that were regularly paid out over the life of the bond stop to roll in. The maturity date is also the date (due date) on which an installment loan must be paid off in full.
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when consumers make a small down payment, borrow the remaining amount of the purchase price from a lender, and reap the rewards off of the full investment value, they are demonstrating what concept?
When a borrower delivers collateral to a lender to secure a loan, they are providing a piece of real estate or another asset.
The definition of a collateral acquisitionWhen a borrower delivers collateral to a lender to secure a loan, they are providing a piece of real estate or another asset. Frequently, the house bought with the money from a mortgage serves as the collateral for a loan.Collateral, when used as a noun, refers to anything offered as a promise to pay back a loan. Therefore, if you take out a loan or mortgage to buy a car or a house, the loan agreement will typically stipulate that the vehicle or property is collateral and will be returned to the lender if the money owed is not paid.Security that isn't the main form of protection is called collateral security. In other words, lenders use collateral security in addition to main security to obtain loans. Collateral means secondary or supplemental.To learn more about Collateral refer to:
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Deborah has just gotten a request from a candle vendor. She is looking for a place to sell her newest holiday candles. What type of event might Deborah suggest the vendor take part in?
Question 1 options:
theater style meeting
forum
exposition
boardroom style meeting
Forum Events, an open forum for discussion in the public. For those who are interested in local history, the club offers a forum: a venue for open discourse or the presentation of views.
What is Holiday Season?The time from Thanksgiving to New Year's is usually referred to as the holiday season. In America, the conclusion of Thanksgiving day (informally) ushers in the holiday season. We are rapidly nearing Christmas, Kwanzaa, Hanukkah, and the new year. Building a solid connection between family and our community via holiday customs is crucial. They provide us a sense of belonging and a channel through which we can express our values. They support our family gatherings and strengthen our ties to the past.
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carol had considered buying a 2015 raddo car. while researching the car before she bought it, she came across a magazine article claiming that the car's brakes were prone to failure. carol was motivated to pay attention to the article because of the information's:
Carol was motivated to pay attention to the article because of the information's perceived safety risk.
Adjective. "motivating." /mtvet/ us. able to inspire a person's enthusiasm for a task: An inspiring manager understands how to support others in taking action.
motivate is more about giving people reasons to act, whereas inspiration is more about a person reaching a point of wanting to act. That is the distinction between babysitting and empowering, motivating or swaying, starting a fire and putting it out. Both inspiration and motivate are required. Any member of a class of specific words used with noun phrases to indicate the identity of the noun phrase referents is considered an article. Articles as a category make up a part of speech. Both "the" and "a(n)" are articles in the English language, which join with nouns to create noun phrases.
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In the context of a contract, ______ is the legal ability to enter into a binding agreement.
In the context of a contract, Contraual capacity is the legal ability to enter into a binding agreement
For a contract to be legally binding, everyone who signs it must be "legally competent." Contractual capacity is a legal term that refers to the minimum mental capacity required to enter into a contract. In other words, an incapacitated person is assumed not to know what she is doing, and a contract can be "voided" or cancelled.
Law recognizes her three categories of incapacitated persons. If someone in these categories enters into a contract, the contract may be considered "void". This protects incompetent parties from being forced into a deal based on their lack of skill.
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true or false: when the customer has control over the goods or services, the transfer of goods or services is complete.
The statement is True. When the customer has control over the goods or services, the transfer of goods or services is complete.
Exquisite clients are Advocates. Exquisite customers, once they honestly are becoming awesome cost out of your product, come to be greater than simply satisfied. They do more than simply references. They come up with extra than simply high customer pride marks.
There are four key ideas of accurate customer service: it is personalized, competent, handy, and proactive. Those elements have the largest impact on the customer's enjoyment.
Client delight is described as a dimension that determines how satisfied clients are with a company's products, services, and skills. Client pleasure facts, including surveys and scores, can assist an organization to determine the way to excellent enhance or modify its services and products.
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Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?
Answer:
$5.14 per share in dividends
Explanation:
Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?
= total dividends per year / number of shares owned
= $539.70 / 105
= $5.14 per share in dividends
which target market the Beetle’s makers and promoters were aiming at.
The target market for the new Beetle are people between 18-34 years old as well as baby boomers.
Who encouraged the Volkswagen Beetle's development?A review of a German success story in this article. The Volkswagen Beetle was created by two individuals, Adolf Hitler and Ferdinand Porsche, and it was a massive undertaking.
Therefore, the Segmentation of the New Beetle People who are "psychologically young," individualistic, self-assured, and nonconformist should be the New Beetle's target market.
According to research, prospective New Beetle drivers exhibited traits including self-assurance, independence, and a desire to command attention. They enjoyed driving and valued German engineering and spirited designs.
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The cost and value of inventory increase as materials move down the supply chain. One way operations and supply chain managers counteract the negative aspect of this fact is by.
The value and cost of stock growth as substances pass down the deliver chain. One manner operations and deliver chain managers counteract the poor factor of this truth is by Inventory pooling.
Inventory pooling refers to a firm's potential to serve a couple of markets–every with their personal unsure call for– from a unmarried inventory of stock. The exercise is regularly analyzed withinside the context of distinct, however closely. related, cases: region pooling and product pooling. Inventory pooling is a collaborative association wherein one-of-a-kind sellers percentage their inventories to lessen the whole stock value.
Risk Pooling entails the use of centralized stock as an alternative of. decentralized stock to take benefit of the truth that if. call for is better than common at a few retailers, it's miles probably to be. decrease than common at others. Pooling, additionally called deliver pooling , is composed in grouping items collectively from numerous commercial or industrial organizations throughout a customer's procurement process, dispatched both to at least one or numerous addresses, the use of optimised and consequently complete trucks.
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patents on drugs to treat aids were removed in south africa. how would the market for these drugs have been different if there had never been patents on drugs? the drugs would not have been developed. larger quantities of the drugs would have been produced. the drug prices would have been lower from the start. the drug prices would have been even higher.
The market for these drugs has been different if there had never been patents on drugs as the drugs would not have been developed.
A patent is a legal proper to an invention given to someone or entity without interference from others who want to duplicate, use, or sell it. Patents are granted by using governing government and have a time restriction, commonly 20 years.
There are 3 sorts of patents - software, design, and Plant. Utility patents can be granted to all of us who invent or discovers any new and useful manner, system, article of manufacture, or compositions of topics, or any new useful development thereof.
A patent gives you the right to stop others from copying, manufacturing, selling, or importing your invention without your permission. See defensive highbrow property. You get protection for a pre-decided length, permitting you to keep competition at bay. You can then use your invention yourself.
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Supply chain management describes the coordination of all supply chain activities, starting with _______ and ending with _______.
Supply chain management describes the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer.
In the field of business, supply chain management can be described as a management process through which the raw materials required for making a product are converted into a finalized product that satisfies the customers.
Supply chain management includes a proper assessment of all the steps that are required for converting raw materials into finalized products. If the processes of making a product are not managed or coordinated then several mistakes can arise in the making of the product risking the quality of the product.
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in a given year, suppose the nominal gdp growth rate is 7 percent, the inflation rate is 2 percent, and the population growth rate is 1.2 percent. what is the real gdp per capita growth rate?
According to the given information, the real GDP per capita growth rate is 3.8%
Growth rate of (AB) = Growth rate of A + Growth rate of B. —— (1)
Growth rate of (A/B) = Growth rate of A - Growth rate of B. —-- (2)
Nominal GDP divided by price level yields real GDP.
Real GDP/population = Nominal GDP/(Price Level × Population) = Real GDP
per capita
Real GDP per capita = Real GDP/population = Nominal GDP/ (Price
level × Population)
Using the formulas (1) and (2) above, we obtain:
Growth rate of (Real GDP per capita) = Growth rate of (Nominal GDP) -
Growth rate of (Price) - Growth
rate of population
Inflation rate = Growth rate of (Price)
Growth rate of (Real GDP per capita) = 7% - 2% - 1.2%.
= 3.8%
The real economic growth rate, also known as the real GDP growth rate, calculates economic growth over time as expressed by gross domestic product (GDP), after taking inflation or deflation into account. In other words, it illustrates changes in the value of all goods and services produced by an economy—the nation's economic output—while taking price variations into account.Learn more about Real GDP, here
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when interest expense is calculated using the effective-interest amortization method, interest expense on a bond that pays interest annually is equal to the:
when interest expense is calculated using the effective-interest amortization method, interest expense on a bond that pays interest annually is equal to the carrying value of the bonds multiplied by the effective interest rate.
A bond is discounted using the effective interest technique, a procedure in accounting. The amount of the bond discount or premium is amortized to interest expense during the bond's life when using this technique for bonds sold at a discount or premium. The discounting or writing off of a bond is done using the effective interest method.
Over the course of the bond's existence, the amount of the bond discount is amortized as interest expenditure. The amount of interest expenditure rises as a bond's book value rises.
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myca corporation has a project with the following cash flows. what is the value of the cash flows today assuming an annual interest rate of 9.1 percent? year cash flow 1 $ 1,640 2 2,030 3 2,325 4 2,335
Myca Corp. has a project with the following cash flows. The value of the cash flows today assuming an annual interest rate of 10.6 percent is $7,799.44.
What is cash flow?The flow of money into and out of an organisation is known as cash flow. Cash outflows are represented by cash inflows, and vice versa. The cash flow statement is a type of financial statement that details the sources and uses of a company's cash over time.
The quantity of cash entering and leaving your business over a specific time period is known as cash flow. Because it enables you to both meet your current financial obligations and make plans for the future, cash flow is crucial.
Net income and non-cash expenses should be added, followed by the change in working capital and capital expenditures, to determine free cash flow.
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for regular tax purposes, michael, who is single, is in the 32% tax bracket. for 2022, his amt base is $420,000. his tentative minimum tax (tmt)is:
For 2022, his amt base is $420,000. his tentative minimum tax (tmt) is: $134400
The alternative minimum tax (AMT) is what, exactly?A separate tax scheme from the standard federal income tax is the alternative minimum tax. Your tax due is calculated using both the alternative minimum tax table and the normal federal income tax table when you enter your data into the tax software. The higher tax table of the two will apply to your tax obligation.
The formula for the tentative minimum tax is given as :
minimum tax base * rate
were the amount of the tax base is $420,000.
The rate is given as 32%
The tentative minimum tax = $420,000 * 32%
= $134400
The tentative minimum tax that Michael would have is given as $134400
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how could a government reduce inflationary pressures within an economy? select all that apply: increase taxes reduce taxes increase government spending reduce government spending
The correct answer is increase taxes and reduce government spending.
One strategy for managing inflation is to implement a contractionary monetary policy. By lowering the bond prices and raising interest rates, a contractionary policy aims to reduce the amount of money available in an economy. As a result of which the prices drop, inflation slows, and consumption declines.
If the government spends more, more economic activity results, which generates income that cascades through the economy in cycles of new spending and income.
If the government were to reduce expenditure, there would be no new revenue earned by the government, which would leave businesses and employees with less money to spend and cause a smaller economic impact.
People pay a larger percentage of their income in taxes if the government raises the income tax rate, which leaves them with less money to spend on goods and services.
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a machine originally had an estimated useful life of 8 years, but after 3 complete years, it was decided that the original estimate of useful life should have been 14 years. at that point the remaining cost to be depreciated should be allocated over the remaining: multiple choice 14 years. 8 years. 9 years. 5 years. 11 years.
At that point, the remaining depreciated should be spread out over the following 9 years.
How does depreciation work?to reduce a product's cost or assessed worth. Deducting from taxable income over a period of years a portion of a original outlay of (a business element) as the asset's value declines. verb intransitive: to decrease in value.
Depreciated assets are what?What Is an Asset With Full Depreciation? A property, plant, or piece of machinery (PP&E) that is fully depreciated only has a salvage value for accounting reasons. Anytime an asset is capitalised, its cost is written off over a period of time in accordance with a depreciation schedule.
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has her age listed on her driver's license as being three years younger than it actually is. this is also how old she tells her insurance company she is. her insurance company has discovered she lied about her age. what provision of her life insurance contract states that her benefits will be what her premium would have bought if she had been truthful about her age?
Misstatement of age is the provision of her life insurance contract which states that her benefits will be what her premium would have bought if she had been truthful about her age.
A life insurance policy is a contract with an insurance company. In exchange for regular payments, the company agrees to pay a lump sum to your beneficiaries if you die. The idea is to help your loved ones cover expenses like funeral costs and everyday living expenses if you're no longer around to provide for them.
It is important to make sure you understand the contract before you sign on the dotted line - there's no point in having life insurance if your beneficiaries won't actually receive the death benefit.
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consider an 8-year balloon loan for $160,000 where a monthly payment is equal to that of a 15-year fixed-rate loan with a nominal annual rate of 6.4%. how much will the borrower owe when the balloon payment is due?
consider an 8-year balloon loan for $160,000 where a monthly payment is equal to that of a 15-year fixed-rate loan with a nominal annual rate of 6.4%. The borrower owe 493.31 when the balloon payment is due.
Balloon loan of $160,000 for 8 year is taken,
Now, Find out the monthly payment first,
r = 6·4% = 0.064 / 12
n = 15X12
= 180
i = 12
P = 160,000
160,000 = L (1-(1+ 01084/12)^-180 / (0.064/12)
160000X0.064/12 = L(1-(1+0.064/12)^-180
160000 x0·064/12= L (0·11)^-180
863.33 = 0·11L-180
0.11L = 853.33-180
0.11L = 673.33
6121 the is monthly Payment
now calculate the borrower owe
r = 01064
n= 15
d= 6121
bo= ?
bo = 6121 (1-1+(0:06 4/12) )^-15X12 (0.64/12)
bo = 6121 (1- 1.064/12)^-180
bo = 6121 (0.11)^-180
bo = 6121*0.11 - 180.
bo = 493.31 is the owe amount
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in which option for entering the international marketplace would you find a contractual agreement that gives a local owner/operator the right to use the name and marketing support from the mcdonald's corporation?
In licensing option, the international marketplace would you find a contractual agreement that gives a local owner/operator the right to use the name and marketing support from the McDonald's corporation.
Giving a foreign business permission to produce a company's goods in another nation in exchange for a fee is known as licensing. These connections frequently revolve around patented technology.
The top executives of a company must determine the best strategy for entering a new nation. Five fundamental choices are available: Exporting is the first option, followed by establishing a wholly owned subsidiary, franchising, licensing, joint ventures, and strategic alliances. The degree of control a firm has over its operation, the entrance cost, the level of risk, and the portion of the operation's revenues that the firm keeps all differ between these alternatives.
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