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Paha777 [63]
2 years ago
7

The concept of​ "Power Payments" will help you repay your loans faster and reduce your total interest payments. Consider a situa

tion where you have 3​ loans:
Loan A has a loan payment of​ $500/month and an interest rate of​ 5% APR;
Loan B has a payment of​ $200/month and an interest rate of​ 3% APR;
Loan C is a credit card with a payment of​ $300/month and interest rate of​ 18% APR.
You just made the final payment on your auto loan​ (Loan A). ​ Yahoo!! What should you do with the​ $500/month payment that you no longer have to pay on Loan A if you want to reduce your loans as fast as​ possible?
Business
1 answer:
NeX [460]2 years ago
6 0

Answer:

You should pay loan C since it does not only represent the largest monthly payment, but it also has the highest APR. The sooner you pay your credit card balance (loan C) the better.

On the other hand loan B has a smaller monthly payment and a much lower APR.

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"dharma, can i have jones in my office in 15 minutes? please ask him to bring the quarterly report along." identify the flow of
Ahat [919]
The flow of organizational communication is <span>Vertical—downward
Vertical communication referst to the flow of communciation between organization that happens between someone with higher position with the lower position.
Since the communciation is being done in the form of order, it is most likely that it happen between the boss to the suboordinates (downward)</span>
6 0
2 years ago
Clive's manager appointed him to lead the marketing group because Clive emerged as a natural team leader in a previous assignmen
Bezzdna [24]

Answer:

The correct answer is: formal .

Explanation:

The informal leader is defined as the one who influences other members of a work group or team; In most cases, they are not recognized by the formal power structure, nor do they receive extra compensation or benefit, nor do they have formal interference to fire or hire staff. They are individuals who, without the formal title or authority, act as defenders of the organization and raise their contribution and that of others through influence, knowledge, expertise and relationship building; acting generally? Below the water? as facilitators and motivators.

Within the group they play a decisive role in its effectiveness, due to its influence on the beliefs and expectations of its members, by setting goals and feedback. In addition, the informal leader maintains a reliable reputation as a source of reliable information, since it is the same group members who give them authority.

They use their influence to shape strategies, establish basic norms and values, allocate resources, coordinate intergroup efforts and negotiate with individuals outside the group. They learn to unite different groups of people with common interests or networks, while fostering and cultivating relationships within and outside the group. Not only do they create networks, but they become catalysts for others to form new communities throughout the organization.

5 0
2 years ago
Which of the following statements is not correct?
arlik [135]

Answer:

d. The cash budget must be prepared prior to the sales budget because managers want to know the expected cash collections on sales made to customers in prior periods before projecting sales for the current period.

Explanation:

  • From the statements the cash budget must be prepared in advance to the sales budget is not corrects. As the sales budget is prepared first and it establishes a format for the budget that is critical for the company successes and it thus consists of the different elements that depend in how a business is organized.
6 0
2 years ago
Natalia notices that if she does not sleep a lot at night, she feels tired the next day. What relationship (if any) exists betwe
GalinKa [24]

Answer:

The correct answer is letter "B": There is a negative correlation.

Explanation:

In the world of Finance, Correlation is a statistical measure of how two securities move in relation to each other. Correlation is represented by the correlation coefficient with ranges between (-1) and (+1). When two variables move in a similar direction, they are considered positively correlated. If the variable move in different directions they are negatively correlated.

5 0
2 years ago
Aurum Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below
xenn [34]

Answer:

The large application should be produced first by management in order to incorporate short run profit maximizing strategy.

Explanation:

In order to maximize profit in the short run by management, we need to calculate the unit profit per machine hour for each appliances. Using the following formulae, as shown below:

Unit Profit / Machine-hours per unit = Unit Profit per Machine hour

<u>Small Application</u>

40 / 20 = $2 per machine hour

<u>Medium Application</u>

115 / 40 = $2.875 per machine hour

<u>Large Application</u>

340 / 100 = $3.4 per machine hour

As per the above calculation the large application gives the highest profit per machine hour so should be produced first. Afterwards if any machine hour is left then medium application should be produced second and finally, small application third.

5 0
2 years ago
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