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nikklg [1K]
3 years ago
10

If the real interest rate is 3.00% per year and the expected inflation rate is 2.40%, what is the nominal interest rate accordin

g to the Fisher equation
Business
1 answer:
kherson [118]3 years ago
7 0

Answer:

5.47%

Explanation:

Fisher equation:

1+ real interest rate = (1+nominal interest rate) / (1+Inflation rate)

1+0.03 = (1 + Nominal interest rate) / (1+0.024)

--> nominal interest rate = 5.47%

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An individual is at a restaurant with two other people and they are trying to determine the tip for their check total which came
wariber [46]

Answer: $10.00

Explanation:

The individual and the other two are trying to pay an 18% tip so the amount they should tip can be calculated by:

= Check total * 18%

= 57.38 * 18%

= $10.3284

= $10.00 to the nearest dollar

5 0
3 years ago
Norton, Inc. has the following information available for September 2020.
bulgar [2K]

Answer: See explanation

Explanation:

a. Prepare a CVP income statement that shows both total and per unit amounts.

CVP INCOME STATEMENT

Per unit. Total

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Net operating Income. 12,000

b. Compute Norton's breakeven in units.

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c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.

CVP income statement for the break-even point

Per unit. Total

Sales (400 units). 400. 160,000

Variable expense 280 112,000

Contribution margin. 120 48000

Fixed expense. 48,000

Net operating Income. 0

3 0
3 years ago
In order to examine the potential success of its 1/3 pound Angus hamburger, McDonald's started offering and promoting the produc
maks197457 [2]

Answer: Test marketing

Explanation:

 The test marketing is one of the concept that helps in explaining the various type of marketing and the business field concepts as it providing the various types of opportunities for testing the goods.

The man aim of the test marketing is that it evaluating the overall sales performance of an specific organization.

According to the given question, the McDonald's is start promoting and also offer the various types of products and examining the success this is known as the test marketing evaluation process.

 Therefore, Test marketing is the correct answer.

   

8 0
3 years ago
Record transactions and adjustments Enter the following column headings across the top of a sheet of paper:
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Answer:

true

Explanation:

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Which of the following statements demonstrates intristic motivation? a. i traveled to mexcio to learn about my familys history.
Anit [1.1K]

i think its C i joined the science club to make my parents happy

i could be wrong

but i hope this helps

8 0
3 years ago
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