Answer:
Answer for the question:
Find the interest rates in the following situations. a. APRequals9%, compounded quarterly. Find the effective annual interest rate. b. Nominal rate is 8% compounded monthly. Find the effective semi-annual rate. c. The effective annual interest rate is 9.06% and compounding is monthly. Find the nominal interest rate. d. requals9% and compounding is quarterly. Find the effective semi-annual interest rate
is given in the attachment.
Explanation:
<span>This process of reversal of designing a new product and putting a cost on it and then questioning if they can sell it for that cost is called as Target Costing. Here in this process the price was set at the designing stage and tries to meet it to bring the organization to profits.</span>
The ability of one person or nation to produce more of a good while using the same quantity of resources as another is called an absolute advantage.
The ability of a party to provide an item or service more efficiently than its rivals is known as the principle of absolute advantage in economics. The idea of absolute advantage was initially put forth in the context of international trade by Scottish economist Adam Smith in 1776, using labor as the only input.
An economy has absolute advantage if it can create more things overall while using the same amount of inputs. Absolute advantage entails lower costs and the use of fewer resources to create the same amount of goods than in other economies.
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Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes.
If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.
Answer: An attestation service other than an audit service
Explanation:
Attestation services is simply when a conclusion is made on the financial statement of an organization or a company by a certified public accountant.
Therefore, it will be a report stating whether the company has complied with restrictive covenants related to officer compensation and payment of dividends contained in a bank loan agreement.
