With a Fixed Principal Commercial Loan where the amount borrowed is $120,000 for 5 years at 8

percent, the second monthly payment will be

A) $2,000 B) $2,800
C) $2,786.67 D) none of the above.

B

Business

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Which of the following is a business indicator of the success of the compensation system designed by the HR department of an organization?

A. Competitiveness in the local labor market B. Ratio of average salary offers to average salary in community C. Relationship between pay and performance D. Employee satisfaction with pay E. Fairness of existing job evaluation system in assigning grades and salaries

Business

The base level of EBIT must be held constant to compare the financial leverage associated with different levels of fixed financial costs

Indicate whether the statement is true or false

Business