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shtirl [24]
2 years ago
12

Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If the APR is

stated to be 20%, with interest compounded daily (365 days in a year), what is the card's effective annual interest rate?
Business
1 answer:
4vir4ik [10]2 years ago
4 0

The effective annual interest rate would be 19.5%.

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Project A as well as project B require an initial investment of $1,050,000, have a 6-year life, and have expected total cash inf
miss Akunina [59]

Answer:

Proposal A

3.75 years

Proposal B

3.375 years

Explanation:

<u>Proposal A</u>

Payback = 3.75 years

Year     Cash Inflow      Initial Investment Balance   Year Count

0                   0                         1,050,000                        

1                   $280,000           770,000                            1

2                  $280,000           490,000                           2

3                  $280,000           210,000                            3

4                  $280,000           0                                    *3.75

* 1050,0000 / 280,000 = 3.75 years

<u>Proposal B</u>

Payback = 3.375 years

Year     Cash Inflow      Initial Investment Balance   Year Count

0                   0                         1,050,000                        

1                   $350,000           700,000                            1

2                  $3150,000          385,000                           2

3                  $280,000           105,000                            3

4                  $280,000           0                                    *3.375

* ( 3 + ( 105,000 / 280,000 ) ) = 3.75 years

5 0
3 years ago
Harry forms the Nectarine Corporation during the 2019 tax year. To form the corporation, Harry transfers assets having a fair ma
Maksim231197 [3]

Answer:

150000

Explanation:

The question says that Harry received a fair market value = 450000 dollars

Meanwhile he transferred 650000 dollars of assets

Fair value of assets = 650000 - 200000 = 450000

Harry's adjusted basis = 350000

Therefore the share received will be:

350,000 - 200,000

= 150,000 dollars.

Harry's basis in the stock received from the corporation is $150,000.

Thank you!

5 0
3 years ago
A technique to bring changes in the
son4ous [18]

Explanation:

A technique to bring changes in the

entire organization, rather man

focusing attention on individuals to

bring changes easily is Organizational development

8 0
3 years ago
Hilton Brews is a company producing instant mixes for all kinds of beverages. It notices that the market for tea has risen due t
Zina [86]

Answer:

Hilton Brews

The organizational growth strategy used by Hilton Brews is:

B. Diversification.

Explanation:

Diversification strategy is the corporate strategy that Hilton Brews has adopted to take advantage of the increased health benefits of teas by introducing a new line of organically grown and processed teas.  Diversification strategy is different from other corporate growth strategies which Hilton Brews could have adopted, including market expansion, market penetration, and product development.

7 0
3 years ago
Chegg - Discuss the differences of productivity measurement in service and manufacturing. Why is productivity improvement more d
Svetllana [295]

Explanation:

The measurement of productivity in service and manufacturing is different in the sense of the ability to measure productivity, as a service has different characteristics that are Intangibility, Inseparability, Variability and Perishability, it is more difficult to measure its productivity, for example, a service is variable, so even if there are standards for the provision of that service, there are issues that will vary and this can change productivity.

There is also the fact that if the productivity measured by the capacity in the service sector is influenced by the loss of quality of the same, as customers may feel hurt if there is a rush in a service provided, for example, so that the service is more productive .

3 0
3 years ago
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