Answer:
The correct answer is letter "C": Exactly $396.
Explanation:
An Amortization Schedule is a table that shows the amounts of principal and interest that comprise each loan payment. Amortization schedules reveal the true cost of purchasing a home, car or requesting a student loan that is<em> paid with regular, equal installments over a period of time</em>.
Thus, <em>Roxanne should pay $396 monthly for the next 10 years</em>.
Answer:
Chester Company
Explanation:
Niche Cost Leader Strategy is to set the price for the products as lower than all the competitor's products and still be in profit. Thus by having set the lower prices than competitor's products in the market and achieving profit for the organization.
Chester Company is the strong competitor for the Niche Cost Leader Strategy company based on the given information, and the data as explained below.
- There is very low change in the stock market price ($0.45) and very low variation in closing stock price for the Chester Company. This indicates that the company has stable market stock price.
- Chester has lowest margins (35.8%) and lowest profits $3,144,115, as compared to other companies where as sales is high ($158,062,285), which is close to other companies of high sale value (Andrew - $211,593,184)
- Profit of Chester is lowest as compared to other companies, though sale is good. This indicates that the product price is lower than others. Thus it is strong competitor for niche cost leader Strategy Company.
- Production for the Chester Company is very high against the capacity of the company.
Answer:
The answer is B) 340 bushels of corn and 500 bushels of oats.
Explanation:
Cornland´s workers have a comparative advantage in the production of corn, each worker can grow 40 bushels per year. Since Cornland has 20 workers in total, its maximum possible output of corn bushels would be 800 (20x40=800).
Oatland´s workers have a comparative advantage in the production or oats, each worker can grow 50 bushels per year. Since Oatland has 20 workers in total, its maximum possible output of oats bushels would be 1,000 (20x50=1,000).
Currently both countries combined are producing 460 bushels of corn (400+60=460) and 500 bushels of oats (100+400=500). If each country specializes in the production of the good in which they have a comparative advantage, then their total combined output would increase by 340 bushels of corn and 500 bushels of oats.
- Corn: specialized production - current production = 800-460 = 340 bushels
- Oats: specialized production - current production = 1,000-500 = 500 bushels
Answer:
Explanation:
When ABC company filed its Articles of Incorporation with the State of California and All of their correspondence and contracts list ABC as ABC Inc. They are already tagged as a corporation with limited liability.
Now; when there is a breach of contract and they are being sued by XYZ Inc. From the knowledge that XYZ file the lawsuit case against ABC, the ABC company will then be treated as a partnership acquainted with unlimited liability instead of a corporation with limited liability they are being known for since they already had a notice from the State of California that their Articles of Incorporation have been rejected.
Answer:
$2,000
Explanation:
Usually, the landlord is required to notify the tenant if he/she plans to sell the property, but regardless of who owns the property (the original landlord or a new landlord), the contract terms are valid and must be honored by both the current landlord and the tenant.
The new owner immediately became the new landlord and he/she assumed all the responsibilities stated in the lease contract. Since the lease contract stated that the "lessor (landlord) agreed to maintain all structures on the property in good repair", the new landlord must pay for any necessary repairs.
