Brand B market share is now at 14%
100 = 30 + (15-3x) + (20-4x) + (65-13x)
100 = 130-20x
20x = 130-100
x = 30/20
x = 1.5
b = 20-4*1.5
= 14
Is this a true or false question? Is it multiple choice? is it expected to be written in complete sentences as a short answer? I need more context on how to respond to the situation in the question :)
Answer: Classification
Explanation:
Accrued revenue
1. Fees earned but not yet received
Accrued Expense
These are expenses that have been incurred but not yet paid for in the current accounting period.
1. Salary owed but not yet paid.
2. Taxes owed but payable in the following period.
3. Utilities owed but not yet paid.
Unearned Revenue
This represents income received before it is earned and they represent a liability to the receiver.
1. Fees received but not yet earned.
2. Subscriptions received in advance by a magazine publisher.
Prepaid Expense
They are expenses paid in advance
1. A two year premium plan paid on insurance policy
2. Supplies on hand.
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:
Find out the reason why the loan was rejected
You can also look for another lender
Explanation:
Loan application could be declined for so many reasons. However , in a situation where an application is not granted , it is good to find out the reasons behind the decision so as to avoid repeating such in subsequent application.
Another step to be taken after denial of application is to look for alternative lender and make another application . One may also need to improve on the application to avoid another denial this time around.
