Answer:
The correct answer is: high.
Explanation:
In economics, interest rate is the amount paid in a unit of time for each unit of capital invested. It can also be said that it is the interest of a unit of currency in a unit of time or the performance of the unit of capital in the unit of time.
Interest rates are applied in different ways, for different periods of time, so it is important that you know what type of fee they are charging you. Also if interest will be paid at the beginning or end of the loan.
The most used interest rates are the nominal interest rate and the effective or equivalent annual interest rate.
Nominal interest rate:
This rate is simple interest, and corresponds to the percentage that will be added to the initial capital as compensation for a certain period of time, which does not necessarily have to be one year.
Effective annual interest rate:
It is also known as the equivalent annual interest rate, it is a compound interest rate, including the nominal interest rate, bank charges and fees, and the term of the operation. This rate addresses the full compensation the financial entity receives for lending us the money.
Answer:
Subcultural
Explanation:
Consumer behaviour refers to how individuals make decisions on ways to spend their available resources, time, money, and effort on variety of items.
A society is composed of several sub-cultures in which iindividuals can identify themselves. A Subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, religions, ethnic backgrounds.
Culture is considered an external factor that influences consumer behavior. Since different cultures have different values, they will have different buying habits. A typical example is the Jewish people that purchase about 63% of bagels that is sold in New York City.
Answer:
The answer is B.
Explanation:
Government spending is one of the components of Gross Domestic Product(GDP) and it includes all the government expenditures(its consumption, transfer spending and investment).
Government spends to influence the economy. For example, government increases its spending when the economy activity in the economy is low or to stimulate the economy.
Option B is correct because it encompasses all the government's area of spending while the remaining options mention one or two functions of the government spending and not all.
Answer:
Credit Sales = $48100
Explanation:
The credit sales can be calculated by reversing the formula for Closing accounts receivables.
The formula for closing accounts recevables is,
Closing accounts receivables = Opening accounts receivables + Credit sales - collections from accounts receivables
To caculate Credit sales, the formula will be:
Credit sales = Closing accounts receivables + Collections from Accounts receivables - Opening accounts receivables
Credit sales = 14000 + 53200 - 19100 = $48100
Answer:
The correct option is B
Explanation:
In this question, we are asked to calculate the cash payment to suppliers total.
To calculate this, we employ a mathematical approach.
Mathematically;
Cash Payment to supplier
= cost of goods sold - decrease in inventory +decrease in account payable
From the question, we identify;
Cost of goods sold = $183,000
Decrease in inventory =$8,000
Decrease in account payable =$4,000
Plugging these values in the equation, we have;
Cash payment to supplier = 183000 - 8000+4000
= $ 179000
