Answer:
8% and 4.8%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,294.54
Future value or Face value = $1,000
PMT = 1,000 × 11% = $110
NPER = 20 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 8%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 8% × ( 1 - 0.40)
= 4.8%
Answer:
D.
Explanation:
The word 'iterative' is derived from the Latin word 'iterare', which means 'to repeat.'
Iterative is a term used to define a process of repetition to attain the desired outcome. It is a repetitive process performed to improve or do better than before.
The statement that correctly defines the term 'iterative' is option D. The statement talks about working in cycles (repetition) to get a desired result of (refined product).
Therefore, option D is correct.
The answer is A. The owner has a lot of his own money invested in the business.
Answer:
$240 Favorable
Explanation:
Cost as per standard
Fixed per month = $3,320
Per frame = $16
Cost for 1049 frames = $3,320 + ($16 
1049)
= $3,320 + $16,784 = $20,104
Actual Supplies cost = $19,864
Spending Variance = Standard Cost - Actual Cost
Spending Variance = $20,104 - $19,864 = $240 Favorable
As we see actual cost is less than standard the variance is favorable.
$240 Favorable
Complete Question
How would you define a method that calculates and returns the final price after tax and tip. for a passed in price, assuming tip is always 15% and tax is always 8%? Options:
O public double getFinalPrice double basePrice) (....)
O public void setFinal Price int tax int tip) (....)
O public int get celint basePrice (....)
O public void getFinal Pricelint basePrice (....)
Answer:
A method that calculates and returns the final price after tax and tip, for a passed in price, assuming tip is always 15% and tax is always 8% can be defined as:
O public void setFinal Price int tax int tip) (....)
Explanation:
The above chosen option will calculate and return the final price after adding 15% for tips and 8% for tax. The final price, which a customer is expected to settle, includes the cost of the services, the tip the customer pays on the cost, and the tax on the cost of the services. This method will ensure that the customer pays the correct sales revenue to the organization. It is mostly used by hotels and other entertainment organizations in calculating the final price of the services rendered to clients.
