Answer:
5 hours
Explanation:
Data provided in the question
Per month tennis charges = $50
Court time per hour = $10
Current month bill = $100
By considering the above information we can find out the variable expense that is shown below:
= Current month bill - per month tennis charges
= $100 - $50
= $50
So, the number of court time hours usage is
= $50 ÷ $10
= 5 hours
To calculate the effective interest rate you'll need the following formula.
(1+ APR / n ) ^n -1 *100.
IT looks alot harder than it is.
APR has to be expressed as a decimal, so 0.1642.
n is the period. as it is daily, n=365.
1+(0.1642/365) to the power of 365. will give you 1.1784....
Minus 1, and times by 100 to get it as a percentage = 17.84%
Answer:
Specialty products or services
Explanation:
Specialty products or services are the ones that are bought because they either have very specific characteristics or most commonly because they have developed brand loyalty. Most of the time their customers are so loyal to them that they will seek to purchase them specifically and will just ignore the competition.
Customers may say that they buy Starbucks coffee because it's the best coffee, etc., but they probably haven't even tried any other different coffee shop in a long time. People who buy Apple products say they buy them for their technical characteristics but they actually don't even compare an iPhone to other cellphones to see what advantage does the iPhone have.
Answer:
82,500
Explanation:
Data provided in the question:
Total par value of common stocks account = $660,000
paid-in capital in excess of par value = $1,600,000
The par value of Flagler's common stock = $8
Now,
The number of shares of Flagler stock have been issued
=
or
The number of shares issued of Flagler stock have been
=
or
The number of shares issued of Flagler stock have been = 82,500
Answer:
(C) The RR is using a form of asset allocation for the client.
Explanation:
Given that Asset allocation is a term that describes the undertaking of an investment technique. This technique tries to offset risk with reward by diversifying the proportion of each asset in an investment portfolio based on the investor's preference, which is influenced by risk tolerance, and investment period.
Hence, in this situation, the right answer is option C: The RR is using a form of asset allocation for the client.