Answer:
1. Is this a 17 percent loan?
- No, the loan charges a much higher interest rate
2. What rate would legally have to be quoted?
3. What is the effective annual rate?
Explanation:
effective annual rate = (1 + i/n)ⁿ - 1
using a financial calculator, i = 30% (PV = 20,000, PMT = -1,950, Nper = 12, FV = 0)
monthly interest rate = 2.5%
effective annual rate = (1 + 0.30/12)¹² - 1 = (1 + 0.025)¹² - 1 = 1.3449 - 1 = 0.3449 = 34.49%
APR (legal rate) = 2.5% x 12 = 30%
Answer:
The correct answer is that they tend to promote the employees from within the company or the firm.
Explanation:
Lodging is the term which is defined as the temporary place to stay, so lodging the employers of the major hotel chains will benefit the employers as it tend or lean to promote as training and getting the people who are ready to take a lot and they want to keep them as long as possible rather than paying the people to retrain the people all the time.
<span>A scanner can be used in order to send hard-copy documents to a patient's electronic health record. A scanner is a device that digitizes documents into a format that is readable by computers.</span>
Answer:
The correct answer is b. 350.
Explanation:
To calculate the expected profit, we use the data from the statement:
10% Yield = 25% Probability
20% Yield = 75% Probability
Profit 10% = 200 * 25%
Profit 20% = 400 * 75%
TOTAL 30% = 50 + 300 = 350
What was done was multiply the percentages of profit vs. the expected return for each group of actions. The sum of both is the total expected by investors as Microsoft profits.
$4,70,000 is the cash flow from financing activities.
<h3>What are financial activities?</h3>
- Transactions involving owner equity, long-term liabilities, and adjustments to short-term loans are referred to as financing operations.
- The transfer of cash and cash equivalents between the organization and its financial sources is considered a financing activity.
- Let's examine financial operations in further detail.
<h3>What are the 3 financing activities?</h3>
- Cash transactions involving owners' equity and noncurrent liabilities are considered financing activities.
- The principal amount of long-term debt, stock sales and repurchases, and dividend payments are examples of noncurrent liabilities and owners' equity items.
<h3>Why is financing activities important?</h3>
- Both investors and debt suppliers for the company need to know specifics about financing activities.
- The enterprise's financial efficiency is determined by reflecting these actions.
- It demonstrates the organization's capacity for fund-raising and money management.
According to the question:
= Short-term borrowings $4.00 million inflow + Long-term borrowings $6.95 million inflow - Long-term repayments $ (4.25) million inflow - Treasury stock purchases $ (2.00 ) million inflow.
= $4.00 + $6.95 - $4.25 - $2.00.
= $ 4.7 million.
Net financing cash inflow $ 4.7 million inflow.
Learn more about financing activities here:
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