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ella [17]
2 years ago
7

Which descriptions about simple interest and yearly compounded interest are true? Check all that apply.

Business
1 answer:
garik1379 [7]2 years ago
3 0

Descriptions about simple interest and yearly compounded interest are true are :

  • Only compound interest has an exponent in its formula.
  • Simple interest is only earned on the original principal investment.
  • Compound interest is earned on principal and interest.

<h3>What is  simple interest and compound interest?</h3>

Simple interest is the one that the calculation is based on principal, or  of a loan.

Compound interest is base on  principal amount as well as the accumulated interest of previous periods.

Learn more about  simple interest at:

brainly.com/question/20690803

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Ramble On Co. wishes to maintain a growth rate of 13.6 percent per year, a debt-equity ratio of 1.8, and a dividend payout ratio
Korvikt [17]

Answer: 5.99%

Explanation:

Based on the question,

Dividend payout ratio = 30%

Therefore, the retention ratio will be:

= 1 - 30%

= 70%

Growth rate = 13.6%

We'll the use the sustainable growth rate formula which will be:

0.136 = (ROE x 0.7)/ (1-(ROE x 0.7))

0.136(1 - (0.7ROE)) = 0.7ROE

ROE = 0.136/0.7952

ROE = 0.171026

Then, the Profit margin will be:

ROE = Profit Margin x Asset Turnover x Equity multiplier

0.171026 = PM x (1/0.98) x (1 + 1.8)

0.171026 = PM x (1/0.98) x 2.8

PM = 0.171026 x 0.98/2.8

PM = 0.0598591

Profit margin = 5.99%

3 0
3 years ago
Garfield Personal Training Services is owned by Ga Garfield Gina provides personal training and coaching to individuals or small
ella [17]

The development of Zumba is considered a <u>service-level</u> activity Garfield.

Service Level activities are those activities that are necessary to provide a service to the customer. In this case, the service is offering Zumba classes in the group training room. This activity involves learning the Zumba steps, finding music, and scheduling classes.

All of these activities are necessary to provide the service and therefore, are considered service-level activities for Garfield Personal Training Services.

Therefore the correct answer is C) Service Level.

For more questions like Zumba classes click the link below:

brainly.com/question/14251451

#SPJ4

8 0
1 year ago
Moira Gray works at a retail store selling sports equipment. Her daily tasks include opening the store, creating the work schedu
NISA [10]

Answer:

middle management

Explanation:

Based on the information provided within the question it can be said that in this scenario it seems that Moira most likely belongs in the middle management of the organizational pyramid. This is where all the top level managers are. These individuals are in charge of higher responsibilities within the company as well as supervising and controlling the lower level employees.

5 0
3 years ago
Lithium, inc. is considering two mutually exclusive projects, a and
Alenkasestr [34]
Missing question: Which project should be implemented based on net present value?

Solution:
NPV = -Co + C1/(1+r) + C2/(1+r)^2 + ... + Cn/(1+r)^n

Project A
NPV = -95000 + 65000/(1+0.1) + 75000/(1+0.1)^2 = $26,074.38

Project B
NPV = -120000+ 64000/(1+0.1) + 67000/(1+0.1)^2 + 56000/(1+0.1)^3 + 45000/(1+0.1)^4 = $66,362.95

The rule: The project with higher NPV is chosen for implementation. Based on the NPVs calculated, project B is the most viable.
5 0
4 years ago
If you want to become a firefighter what are some steps you need to take to get there?
bearhunter [10]

Answer:

<h2>All the best :)</h2>

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0
3 years ago
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