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Studentka2010 [4]
4 years ago
6

You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15% APR, compounded

monthly, or borrow the money from your parents, who want an 8% interest payment every six months. Which is the lower rate
Business
1 answer:
Bess [88]4 years ago
8 0

Answer:

The lower rate is when you put it into your credit card.

Explanation:

Credit card: rate = (1 + 15%/12)^12 - 1

EAR = 16.08%

Parents loan = ( 1 + 8%)^2 - 1

EAR parents = 16.64%

Therefore, The lower rate is when you put it into your credit card.

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Which one of the following is NOT part of the estimated net investment (NINV) for a capital budgeting project? The estimated sal
Debora [2.8K]

Answer:

The correct answer to the following question will be Option A.

Explanation:

  • Net investment or expenditure seems to be the total money that a business invests on financial assets, less the deferred revenue of those resources. This statistic gives people a sense of real spending on capital products such as plants, machinery, including technology used throughout the activities of the business.
  • The effective improvement including its program's net income, after-tax recovery value of the properties to have been substituted by the task.

So that the above option A is not related to the given scenario.

7 0
4 years ago
Match the following Teamwork Skills to their descriptions
kolbaska11 [484]

Answer:

See below

Explanation:

1.  Cooperative

Works well with others:  A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.

2.  Participates

You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.

3.  Flexible

You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.

4.  Committed

You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals

5.  Shares Openly

You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.

6 0
3 years ago
The new line of sunscreen products marketed by Radiance has allegedly been developed after using large-scale animal testing proc
Anna35 [415]

Answer:

Food, Drug, and Cosmetic Act is the correct answer.

Explanation:

3 0
3 years ago
Currency located at the company $ 600
Drupady [299]

Answer:

$12,900

Explanation:

Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.

It is a current asset in the balance sheet.

Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400

= $12,900

5 0
3 years ago
Haskins is an officer of a real estate development firm. Haskins purchased a piece of property in a rural area of Arizona with t
oksano4ka [1.4K]

Answer:

A) The firm can ratify Haskin's actions and take over the contract.

Explanation:

Hanskin's was not explicitely allowed to buy the property in Arizona, but he did it with the intention of increasing the amount of assets that the real estate company holds.

The board of directors should simply take over the contract as long as it is profitable (it most likely is), and analyze whether to change its policies about property purchasing or not, because requiring a board resolution for each one of them can make the process slow and increase opportunity costs.

3 0
4 years ago
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