The planning value for the population standard deviation is 2500 dollars. The size of the samples that have to be taken are:
1503293752No I would not recommend trying to obtain the margin of error of 80 because of its size.
How to solve for the standard deviationThe value for population standard deviation is,
s = maximum - minimum / 4
= 40000 - 30000 / 4
= 10000 / 4
= 2500
The planning value is $2500
confidence level = 95%
the z score from the standard normal table is 1.96
For the margin of error of 400
= (1.96 x 2500 / 400)²
= 12.25²
= 150
At 270
we have
(1.96 x 2500 / 270)²
= 18.15²
= 329
At 80
(1.96 x 2500 / 80)²
= 61.25²
= 3752
c. No I would not recommend the 80 dollar margin of error due to the fact that it is too large and there would be great sampling error due to this fact.
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From the challenges of international purchasing and recommend contemporary solutions for purchasing managers.
Global sourcing has been time and immemorial treated as a one-way road by many Scholars. But originally multinational manufacturers always purchase products of low-cost range from developed countries. Thus, making it difficult for the purchasing managers to work.
What is Global Sourcing?Global sourcing is a long-time thing that has been a continuous process whereby people are sourcing a variety of workers for goods and services across geographical and political boundaries.
Global sourcing often tries to get cheap labor out of the market at a minimal cost. They are also imbibed together to find labor at a very cheap or low cost. The part of Global sourcing also means getting the raw materials required for production at a low rate.
Extreme international competition from other manufacturers also needs to be dealt with. A lot of tax-related issues inclusive of the tariffs also need to be taken into account. Hence, my narration is correct.
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Which expenses stay the same from month to month?
Answer:
Fixed expenses such as rent, stay the same from month to month
Answer: fixed expenses
Explanation: any expense that does not change from period to period, such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis
Types of expensesVariable expenses
Expenses that vary from month to month (electriticy, gas, groceries, clothing).
Fixed expenses
Expenses that remain the same from month to month(rent, cable bill, car payment)
Intermittent expenses
Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs)
Discretionary (non-essential) expenses Expenses for things we don't need (eating out, gifts, snacks)
Given the demand supply equation Qd= 6s - 4p, Qd= 30 + 3p
Answer:
Let us suppose we have two simple supply and demand equations. Qd = 20 – 2P. Qs = -10 + 2P. To find where QS = Qd we put the two equations together. 20-2P = -10 + 2P. 20+10= 4P. 30/4=P. P = 7.5. To find Q, we just put this value of P into one of the equations.
Explanation:
Why do some cruise lines prefer to hire individuals from countries without strict work laws?
Question 3 options:
1. These individuals often have the highest level of training.
2. These individuals are statistically the most dependable in the industry.
3.They can pay these individuals less than half of the normal rate.
4. It allows them to increase work hours for employees.
Cruise lines prefer to hire individuals from countries without strict work laws because (b) these individuals are statistically the most dependable in the industry.
Cruise line hire individuals that are basically from a shipping industry or an institute and pre trained for all the projects. There are many individuals who pass out the shipping course and are trained by employees for several work hours.
Shipping industry is the most dependable industry after the logistics and supply chain management industry in the world.
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1. Given a t-distribution, if you select a sample of n = 10, (a) What is ... 1. Given a t-distribution, if you select a sample of n = 10, (a) What is the probability that t is above 2.2622? Answer (b) There is a 90% chance that t is less than what value?
Given a t-distribution, if you select a sample of n = 10, the t-distribution is used instead of the normal distribution when you have small samples.
The t-distribution is a family of distributions which thus look almost identical to the normal distribution curve, just only a bit shorter and fatter. So, the larger the sample size, the more the t distribution looks like the normal distribution.
The t-distribution can also be used in hypothesis testing when a person wants to figure out that whether they should accept or reject the null hypothesis. So here, the probability that t is above 2.2622 is more.
Hence, t-distribution is used as an alternative to the normal distribution.
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The top five challenges that U.S. companies experience in the Philippines are:
1. Graft and Corruption: Corruption, a constraint to trade and investment, is a pervasive and long-standing
challenge in the Philippines.
2. Regulatory System: Product registration, product standards, and environmental and labeling requirements
place restrictions on certain products.
3. Infrastructure: The Philippines lags behind many of its neighbors in infrastructure development. Traffic congestion in Metro Manila continues to be a major problem.
4. Philippine Government Procurement: There are procurement opportunities in the Philippine Government, but a local partner is generally required.
5. Highly Price-Sensitive Market: U.S. products are generally known for high quality but are also more expensive. U.S. exporters should not expect to apply their U.S. pricing strategy in this market. Distributors and
customers request payment terms.
Being the Head of AFRICAN based company Marketing & Sales Department what Product Solutions can you Develop to overcome above challenges to succeed in doing business here in the Philippines?
As the company's head of marketing, the product solutions for it to be well positioned in the Philippines is to align the product with the needs of the local consumer.
What are entry barriers?It corresponds to the variables that make it difficult for a company to survive in a given market, as well as the five mentioned in the question, such as the local regulatory system and competitiveness in the market, which makes new companies face difficulties to remain well positioned in the market. long term and end up closing down their activities.
To overcome these challenges, the head of marketing and sales must first conduct marketing research focused on the local audience, identifying their demographic and cultural characteristics, in order to segment their audience to align products and services.
Therefore, entering a global market requires companies to adapt their products and processes to achieve a degree of reliability and value to the consumer in the local market.
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I need help!!! offering brain list
Option D is correct. When the contract is being drafted, what has to be remembered would be offer and acceptance and the legal representation.
What is a contract?This is the term that is sued to refer to the written document that tells us that there is an agreement that exists between the parties that are involved and that they have agreed to do business together. The contract is enforceable in the court of law especially if there is a defaulter by any of the parties involved.
To sign a contract, the people would have to need their legal representatives that would help them to understand every term that is contained in the contract that they are to sign before they go ahead with the signing.
Hence we would say that option D is correct because it is what tells us of what has to be remembered.
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I wonder why a company would issue new shares if the stocks when their intrinsic value is low.
When there is strong investment demand, the market value is usually higher than the intrinsic value, resulting in possible overvaluation. If there is a lack of investment demand, the company may be undervalued.
What exactly is intrinsic value?An asset's intrinsic value is a measure of its worth. This metric is determined by an objective calculation or a complex financial model. The intrinsic value of an asset differs from its current market price. Comparing it to the current price, on the other hand, can help investors determine whether the asset is undervalued or overvalued.
Cash flow is used in financial analysis to determine the intrinsic, or underlying, value of a company or stock. In option pricing, intrinsic value is defined as the difference between the option's strike price and the current market price of the underlying asset.
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in Italy An overview of economic factors that could influence pricing strategies. A synopsis of costs that would influence the price of the good or service being proposed for global business operations. Recommend a pricing strategy (including specific prices) for the proposed enterprise. Provide evidence to support your proposal.
Some elements influencing foreign consumer behavior in international marketplaces include but are not limited to:
target market economics and political ideology;education and technical abilities;values and attitudessocial and cultural factors;languagereligion and beliefs; andlegal and competitive issues.The costs that could influence the price of the good or service being proposed for global business operations are?Some of the major costs that drive the price of goods these days at the international level are:
Cost of technologycost of informationCost of raw materialscost of regional labor etc.Taking cost of labor, for instance, China became the headquarters of production and large-scale manufacturing because thee readily provided cheap labor and had access to raw materials at a reasonable cost due to their global influence.
Thus, a principal strategy that would support a global enterprise must take into consideration sources of:
Cheap labor andCheap raw materials.Any global business that is able to achieve control over these two factors will dominate in terms of price.
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Zane Perelli currently has 116 $ that he can spend today on socks costing $2.90 each. Alternatively, he could invest the $116 in a risk-free U.S. Treasury security that is expected to earn a 11 % nominal rate of interest. The consensus forecast of leading economists is a 3% rate of inflation over the coming year. a. How many socks can Zane purchase today? b. How much money will Zane have at the end of 1 year if he forgoes purchasing the socks today and invests his money instead? (Ignore taxes.) c. How much would you expect the socks to cost at the end of 1 year in light of the expected inflation? d. Use your findings in parts b and c to determine how many socks (fractions are OK) Zane can purchase at the end of 1 year. In percentage terms, how many more or fewer socks can Zane buy at the end of 1 year? e. What is Zane's real rate of return over the year? How is it related to the percentage change in Zane's buying power found in part d? Explain.
a) The number of socks Zane can purchase today is 40 socks.
b) The amount of money Zane will have at the end of Year 1 with the investment in the U.S. Treasury security is $128.76.
c) The expected cost of the socks at the end of 1 year is $2.987.
d) The number of socks Zane can purchase with parts b and c information is 43.08 socks.
d) Zane can buy 3.08 more socks, which is 7.7%, in percentage terms.
e) Zane's real rate of return over the year is 8%.
e) Zane's buying power increased by 7.7%, almost equal to the real rate of return of 8%.
How the numbers are determined:The amount available for spending or investment = $116
Current cost of socks = $2.90
U.S. Treasury security nominal rate of interest = 11%
Inflation rate for the coming year = 3%
a) The number of socks Zane can purchase today = 40 socks ($116/$2.90)
b) Zane's investment in the U.S. Treasury security:
N (# of periods) = 1 year
I/Y (Interest per year) = 11%
PV (Present Value) = $116
PMT (Periodic Payment) = $0
Results:
FV = $128.76
Total Interest = $12.76
c) The expected cost of the socks at the end of 1 year:
Cost of socks = $2.987 ($2.90 x 1.03)
d) The number of socks Zane can purchase with parts b and c information:
The number of socks = 43.08 socks ($128.67/$2.987).
d) In percentage terms, Zane can buy 3.08 more socks (43.08 - 40):
= 7.7% (3.08/40 x 100).
e) Zane's real rate of return over the year:
Return in dollars = $12.76 ($128.76 - $116)
Rate of return = 11% ($12.76/$116 x 100)
Real rate of return = 8% (11% - 3%)
Zane's buying power increased by 7.7%, almost equal to the real rate of return of 8%.
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Calculate the implied growth rate of technology in each scenario in the table below. Assume labor's share of output to 60% and
capital's share of output is 40%.
Scenario
A
B
C
D
Growth Rate of
Output (%)
3.0
4.2
3.0
4.2
Growth Rate of Labor
2
3
1
1
Growth Rate of
Capital (%)
2
3
5
4
Implied Growth rate of technology
_answer
_answer
_answer
_answer
Instructions: Enter numbers rounded to one decimal place in each box.
The implied growth rate of technology can be solved as:
1.01.20.402.3How to solve for the implied growth rate of technologyscenario A
formula is given as
growth rate - (labor share of output x growth rate of labor) - (capital share of output x growth rate of capital)
growth rate = 3
labor share = 60%
capital = 40%
= 3 - (0.60)*(2) - (0.40)*(2)
= 3 - 1.2-0.8
= 3-2
= 1
For the second scenario B
= 4.2 - (0.60)*(3) - (0.40)*(3)
=>4.2- 1.8 -1.2
= 1.2
For the Scenario C
= 3.0 - (0.60) *(1) - (0.40)*(5)
= 3.0 - 0.6 - 2.0
= 0.4
Scenario D
= 4.2 - (0.60)*(1) - (0.40)*(4)
= 4.2 - 0.60 - 1.6
= 2
The growth rate of technology is the term that is used to refer to the way that the growth rate of technology would receive increment over periods .
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Question 2 (1 point) Which most accurately describes how the equilibrium price of a good or service can be determined? matching the columns in a supply schedule and a demand schedule finding where the supply curve and the demand curve intersect moving the supply curve right or left until it matches the demand curve doing market research to determine the maximum price consumers will pay
Answer:c
Explanation:i took the test
A___ offers support or guidance to a less experienced person.
O mentor
O mentee
O friend
O supervisor
Answer: Mentor
Explanation:
A mentee is the person being supported and guided.
A friend could support ad guide, but they are not always more experienced.
A supervisor could support and guide, but their job is to supervise.
Explain under which IRENT the Paycheck Protection Program would fall.
According to how we interpret the official Treasury guidance, rent expenses are any sums paid on a regular basis to use the property for commercial purposes. These costs need to be the result of a contract that was signed prior to February 15, 2020.
Paycheck Protection Program: What is it?The Small Business Administration, with assistance from the Department of the Treasury, administers the Paycheck Protection Program, which was created by the CARES Act. This program offers small businesses money to cover up to 8 weeks' worth of benefits-covered payroll expenses.
Additionally, money can be used to cover the interest on loans, rent, and utility bills. Millions of Americans working for small businesses are given priority by the Paycheck Protection Program, which has $659 billion in funding authorized for job retention and other expenses.
If they also meet program size requirements, small businesses, eligible nonprofit organizations, veterans organizations, and tribal businesses as defined in the Small Business Act, as well as people who work for themselves or as independent contractors, are eligible.
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1. Describe how brainstorming, creative thinking, and observations can be used to develop new enterprise ideas.
2. Explain why you would start your own business instead of buying an existing one.
When tackling problems, students use brainstorming to hone or expand their higher-order thinking abilities. stimulates original ideas. All students are encouraged to contribute their ideas during a brainstorming session, regardless of how absurd they may sound to others. This encourages pupils to think creatively and beyond the box.
How does brainstorming help to create new ideas?Brainstorming blends lateral thinking with a loose, informal approach to issue resolution. It inspires people to have ideas and thoughts that may initially appear a little strange. Some of these concepts may be developed into novel, inventive responses to issues, while others can generate even more concepts.
In order to address difficulties and come up with novel ideas, brainstorming promotes open and continuous cooperation. Teams may quickly develop a vast number of ideas through brainstorming, which can then be improved upon and combined to provide the optimal solution.
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Erin grew tired of her old furniture and went shopping. A local store offered credit at an APR of 12%, with a maximum term of 4 years. The furniture will cost $5,000 -- with no down payment required. Using Table 7-2 in your textbook, calculate the following:
a) What is the amount of her monthly payment if she borrows for 3 years? Please show work
b) What is the amount of the finance charge over that 3-year period? Please show work
c) Comparing the results of this week's Textbook problems 1 and 2, how does the term (# of years) of the loan affect the monthly payment and the finance charge?
a) The amount of her monthly payment, if she borrows for 3 years, is $166.07.
b) The amount of the finance charge over that 3-year period is $978.58.
c) The term (# of years) of the loan affects the monthly payment and the finance charge in these ways:
When the term is less, the monthly payment is more and the finance charge is less.On the other hand, when the term is more, the monthly payment is less and the finance charge is more.Monthly Payment for 3 years:N (# of periods) = 36 months (3 years x 12)
I/Y (Interest per year) = 12%
PV (Present Value) of Furniture = $5,000
FV (Future Value) = $0
Results:
PMT = $-166.07
Sum of all periodic payments = $-5,978.58
Total Interest = $978.58
Monthly Payment for 4 Years:N (# of periods) = 48 months (4 years x 12)
I/Y (Interest per year) = 12%
PV (Present Value) of Furniture = $5,000
FV (Future Value) = $0
Results:
PMT = $-131.67
Sum of all periodic payments = $-6,320.12
Total Interest = $1,320.12
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May 20 Charlene pays for the tour after deducting the sales allowance.
The Journal Entries for the Transactions are as follows:
Journal Entries:May 2 No Journal (Fishing tour expenses = $680 ($170 x 5 x (1 - 20%)
May 7 Debit Fishing Tour Expenses $680
Credit Accounts Payable (Outdoor Expo) $680
May 9 No Journal
May 15 Debit Accounts Payable (Outdoor Expo) $272
Credit Fishing Tour Expenses $272
May 20 Debit Accounts Payable (Outdoor Expo) $408
Credit Cash $383.52
Credit Cash Discounts $24.48
What are the journal entries?The journal entries are records of business transactions in the accounting books of the recording entity.
The journal entries show the accounts that receive values (debited) and the accounts that supply values (credited), including assets, liabilities, expenses, revenues, and income and losses.
Transaction Analysis:May 2 No Journal Entry Required
May 7 Fishing Tour Expenses $680
Accounts Payable (Outdoor Expo) $680
May 9 No Journal Entry Required
May 15 Accounts Payable (Outdoor Expo) $272 ($680 x 40%)
Fishing Tour Expenses $272
May 20 Accounts Payable (Outdoor Expo) $408 ($680 - $272)
Cash $383.52
Cash Discounts $24.48 ($408 x 6%)
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Question Completion:Outdoor Expo provides guided fishing tours. The company charges $170 per person but offers a 20% discount to parties of four or more. Consider the following transactions during the month of May.
May 2 Charlene books a fishing tour with Outdoor Expo for herself and four friends at the group discount price ($680 = $136 × 5). The tour is scheduled for May 7.
May 7 The fishing tour occurs. Outdoor Expo asks that payment be made within 30 days of the tour and offers a 6% discount for payment within 15 days.
May 9 Charlene is upset that no one caught a single fish and asks management for a discount. Outdoor Expo has a strict policy of no discounts related to number of fish caught.
May 15 Upon deeper investigation, management of Outdoor Expo discovers that Charlene’s tour was led by a new guide who did not take the group to some of the better fishing spots. In concession, management offers a sales allowance of 40% of the amount due.
May 20 Charlene pays for the tour after deducting the sales allowance.
Required:
Record the necessary transaction(s) for Outdoor Expo on each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to 2 decimal places.)
a net decrease in cash of 10000 for the current year. Net cash
used in investing activities was 52000 and net cash used in financing activities was 38000.
What amount of cash was from (used in) operating activities?
A) 100000.
B) (100000).
C) 80000
D) (80000).
The amount of cash was from (used in) operating activities:
$100,000
How do operating activities work?An organization's operating operations are those that are directly involved in offering its products and/or services to the public. Manufacturing, distributing, promoting, and selling goods and services are some of the company's primary commercial operations.
How does the cash flow statement define operating activities?The term "cash flow from operating activities" (CFO) refers to the revenue a business generates from ongoing, regular commercial operations like producing and selling products or offering clients a service. On a company's cash flow statement, it is the first section shown.
According to the given data:Cash flow at the end-Cash Flow at the beginning = Cash Flow from(used in) Operating activities + Cash Flow from(used in) Investing activities + Cash Flow from(used in) Financing activities
there is increase in net cash of $10,000,
Cash flow at the end-Cash Flow at the beginning=10000
10000=Cash Flow from(used in) Operating activities-52000-38000
Cash Flow from(used in) Operating activities=10000+52000+38000
Cash Flow from(used in) Operating activities=$100,000
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How comfortable you feel taking the risk of losing your money refers to:
A. Time horizon
B. Asset allocation
C. Personal financial health
D. Risk tolerance
"Be all you can be is an example" of a(n)
a) formal statement.
Ob) slogan or saying.
c) story, legend, or myth.
Od) role modeling.
e) rite and ritual.
Answer:
"Be all you can be is an example" of slogan or saying.
Explanation:
A slogan ir a saying is a phrase which is short and easy to remember. It is often used in advertisements.
For example
You are launching a protein powder brand where you kept the slogan as "Be all you can be" which depicts that the protein powder is capable of everything you need in your body.
Other Options are INCORRECT
A mission statement is something which describes the agenda, ethics, values of the orgaization which is Incorrect.
A story, legend or myth can't be described in a short phrase. Therefore, Incorrect.
A role modeling is an inspiring statement which is alrady present in ourself. But, here "Be all you can be" depicts that it is something that is yet to be achived. Therefore, Incorrect.
impact of new vendor with zero opening balance
The impact of the vendor with the zero opening balance is to show that the account has been correctly set up.
What is the vendor opening balance?This is the term that is used to refer to the amount of money that is in an account at the particular time that the account is newly opened.
The way that the vendor balance can be gotten is when the opening balances that are in a new year are carried forwards and the customers are done. In order to track this, the code that is to be used is F. 07.
The opening balance is what would have to be brought forward at the end of an accounting period and it is usually what the vendor would have to use as they try to keep a track of the cash flow that is in their account.
Hence we would say that the impact of the new vendor with this balance that is 0 is to help to determine how correct the set up of the account has been done.
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Does anyone know how to do this worksheet? I need help
Answer:
Here are the answers for 1-23 that i've found so far,
I'll try to find the rest of the answers
Explanation:
If the exchange rate value of the British pound goes from U.S. $1.80 to U.S. $1.60, then （10）
If the exchange rate value of the British pound goes from the U.S. $1.80 to the U.S. $1.60, then the currency depreciated and the British will find U.S. goods more expensive.
The rate is the amount charged on the pinnacle of the major through a lender to a borrower for the use of the property. An interest charge moreover applies to the quantity earned at a financial institution or credit rating union from a deposit account. most mortgages use clean interest.
Rates are determined, in large issue, via the usage of valuable banks that actively commit to keeping an aim hobby price. They accomplish that with the useful resource of intervening at once within the open market through open marketplace operations (OMO), shopping for or promoting Treasury securities to influence quick-time period costs.
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I need help!!! offering brain list (25 points)
Answer:
Option: B
Explanation:
The Legal Capacity is the best required autority for the contract. By knowing the capacity of a contract they can easily select the right contractor for their event.
date: 09-10-2022
E10-12 The following are selected 2017 transactions of Pedigo Corporation.
Jan. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is
indefi nite.
May 1 Purchased for $75,000 a patent with an estimated useful life of 5 years and a
legal life of 20 years.
Instructions
Prepare necessary adjusting entries at December 31 to record amortization required by
the events above
Entries are given.
DATE ACCOUNT TITLES DEBIT CREDIT
Dec 31,2019 No entry 0
No entry
(Considering that goodwill has an 0
infinite existence, goodwill should
not be amortised.)
Dec 31, 2019 Patent Amortization $10,000
[$75,000×(1/5)×(8/12)] patents
(To record patent amortizations for $10,000
8 months)
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kono corp., an american company, is trying to decide whether to open its first international branch in europe or asia. the managers of the company are operating under a condition of _____.
Kono corp., an American company, is trying to decide whether to open its first international branch in Europe or Asia. the managers of the company are operating under a condition of uncertainty.
In today's complicated environment, the majority of crucial decisions are made in an uncertain setting. Conditions of uncertainty arise when everything is in motion and the future environment is unpredictable. The decision-maker is unaware of all options, dangers attached to each, implications of each choice, or probability linked with them.
The management does not fully understand all of the available options, and the information that is accessible might not be entirely accurate. Managers must establish certain assumptions about the circumstance in order to create a sound framework for decision-making in the face of such ambiguity. They must rely on their discretion and knowledge while making judgments.
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M6-15 (Algo) Computing and Interpreting the Gross Profit Percentage [LO 6-6]
Cost of goods sold is deducted from net sales to determine a company's gross profit margin percentage. To determine the gross profit margin in percentage terms, this amount is then divided by net sales.
What is meant by Gross Profit Percentage?Cost of goods sold (COGS) is deducted from net sales to determine a company's gross profit margin percentage (gross revenues minus returns, allowances, and discounts). To determine the gross profit margin in percentage terms, this amount is then divided by net sales.
Direct costs or cost of goods sold (COGS) are subtracted from net sales to determine the gross profit margin (gross revenues minus returns, allowances and discounts). To determine the gross profit margin ratio, this amount is multiplied by 100% and then divided by net revenues.
By deducting direct costs or the cost of goods sold (COGS) from net sales, the gross profit margin is calculated (gross revenues minus returns, allowances and discounts). The gross profit margin ratio is determined by dividing that sum by net revenues and multiplying the result by 100%.
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Rhonda has a ________ account, which gives her an interest rate competitive with those of brokerage firm money market funds but requires a higher minimum balance and limits check writing to three per month.
checking
savings
NOW
money market
certificate of deposit
Rhonda has a money market account, which gives her an interest rate competitive with those of brokerage firm money market funds but requires a higher minimum balance and limits check writing to three per month.
What is money market account?Banks and credit unions provide money market accounts, which offer the advantages and features of both checking and savings accounts. They frequently offer debit cards and restricted check-writing rights, and they typically pay greater interest rates than standard savings accounts.
MMAs are more suitable for short-term objectives than for long-term monetary planning. Many banks also provide high-yield or high-interest checking accounts, which have stricter restrictions but may give better rates than money market accounts.
Therefore, Rhonda has a money market account, which gives her an interest rate competitive with those of brokerage firm money market funds but requires a higher minimum balance and limits check writing to three per month.
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Question 1
2 pts
What type of credit involves a set number of payments at a set dollar amount for a fixed
period of time?
O Balloon Payment Account
O Revolving Credit Account
O Charge Cards
O Installment Credit
Installment credit versus revolving credit
increased interest rates can be more difficult to qualify for
Only the amount drawn by borrowers is subject to interest. Fixed number of payments over a predetermined time period that include interest
Define revolving credit?An arrangement known as revolving credit allows the account holder to repeatedly borrow money up to a predetermined dollar limit while paying a portion of the outstanding balance through regular payments. Each payment replenishes the amount the account holder has access to, less any applicable interest and fees.
What is the name of the dollar-based cost of consumer credit?APR stands for annual percentage rate, which is how much credit will cost you in percentage terms; finance charge is how much credit will cost you in dollars (this is the total amount of interest and certain fees you will pay over the life of the loan if you make every payment when due).
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The work experience section of a résumé should be listed in a reverse chronological order.
Please select the best answer from the choices provided
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The given statement is true. In order to list their qualifications for a position, job applicants must generate a formal document called a resume.
Why a resume is needed?In order to list their qualifications for a position, job applicants must generate a formal document named a resume. A personalized cover letter that is included with a resume typically conveys interest in a particular position or business and attracts attention to the CV's most crucial details. You are aware that a strong resume is essential to your job hunt. In order for hiring managers to decide whether you are qualified for a position, your resume must highlight your abilities, experience, work history, and significant accomplishments.
It is strongly advised to list your employment history from most current to oldest when creating a resume. This resume format is sometimes referred to as reverse chronological order. There are further varieties of resume formats, including hybrid or combination resumes and functional resumes.
Hence, The given statement is true.
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Answer:
Explanation: hope this helps