Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
That sounds about right for accounting anyway
Answer:
False
Explanation:
In a business report, the conclusions section explains what all the collected information means and summarizes the most important parts of the report.
While the recommendations section actually presents a list of suggestions and/or specific actions that should be taken.
Answer and Explanation:
The computation is shown below:
a. Holding period return would be
= Income + (End of Period Value - Initial Value) ÷ Initial Value
= 0 +($2,178 - $1,902) ÷ $1,902
= 0 + $276 ÷ $1,902
= 14.51%
b. The annual percentage rate is
For 3 months, the rate is 14.51%
Now
For 12 months, it is
= 14.51% ÷ 3 × 12
= 14.51 % × 4
= 58.04%
c. The effective annual rate is
= ( 1 + r ÷ m)^m - 1
= (1 + 58.04% ÷ 4)^4 - 1
= (1 + 0.5804 ÷ 4)^4 - 1
= (1 + 0.1451)^4 - 1
= (1.1451)^4 - 1
= 1.719387079 - 1
= 0.719387079 or 71.94%