The correct option is Option A - using credit to pay for purchases.
Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
Answer:
March 1
Account Debit Credit
Cash $323,000
Common Stock $153,000
Paid-In Capital in Excess
of Par Value $170,000
April 1
Account Debit Credit
Cash $87,000
Common Stock-no par value $87,000
April 6
Account Debit Credit
Inventory $56,000
Common Stock $56,000
Machinery $170,000
Paid-In Capital in Excess of
Common Stock $170,000
Note Payable $92,000
Cash $92,000
When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".
<h3>What is a pre-employment screening process?</h3>
Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations
Some characteristics of pre-employment screening process are-
- Pre-employment screening entails gathering all the data necessary to make a wise hiring decision.
- This entails locating applicants who satisfy established job requirements and confirming the data they supply.
- Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.
- Various components, such as job screening questions included in the employment application, may be part of the screening process.
- Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.
- Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.
To know more about purpose of pre-employment screening, here
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Hyundai's success has been attributed to their AGGRESSIVE GOAL SETTING. The articles that review the success of the Hyundai company believed that the success of the company is due to many factors which include: internal transfer of experienced staff, focusing on localized production, the codification of previous experience and aggressive goal setting.
