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A firm has a 75,000$ line of credit. The annual percentage rate is the current prime rate plus 4.5%. The balance on November 1 was $12,300. On November 7 the firm borrowed $16,700 to pay for merchandise, and on November 21 it borrowed another $8,800. On November 26, a $20,000 payment was made on the account. The billing cycle for November has 30 days. If the current prime rate is 8.5% what is the finance charge on the account, and what is the firm's new balance?
forecasting explained in this solutionshow the different types of forecasts to include time-series causal and
In a business publication, such as Inc, locate a listing or information about a business for sale. - Discuss what information is needed to place a value on the business.
Illustrate what this quote means: “Consumers don’t want to be bombarded with ads--they want to be inspired by ideas that will change their lives.
a manufacturing industry of your choice. How are they similar? How are they different? Respond to at least two of your classmates' postings.
1. Identify and discuss common criticisms of the traditional strategic planning process. Then, explain how modern methods can avoid the faults for which strategic planning is criticized by the authors of your textbook.
Organizations, leadership, and culture are very popular topics in the business world.
Why were the Persians able to create such a large empire? Compare Jainism, Hinduism and Buddhism. How were these religions influenced by India's social structure? How did Ashoka's rule change India?
What internal control procedures would be most effective in preventing the following errors or fraudulent acts? a. An inadvertent data entry error caused an employees wage rate to be overstated in the payroll master file b. A fictitious employee payr..
In Billings, Montana, 2 laborers, each making $60 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the item?
Identify the basic stages in the new product development process. Discuss each phase of this process. Show how each phase links together towards new product development through stages and decision gates .
strategic managementselect an organization that you have worked for or one that you are familiar with and find the
Why are risk analysis and management significant? How are risks typically managed? How can you minimize risk?
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