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77julia77 [94]
3 years ago
10

If the bank offers an effective annual rate of 4%, how long will it take for $500 to grow to $1,000?

Business
1 answer:
scoray [572]3 years ago
8 0
It will take 25 months to get $500
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If an international firm has a multidomestic strategy and a relatively high level of product diversity, the best choice for its
natali 33 [55]

If an international firm has a multi domestic strategy and a relatively high level of product diversity, the best choice for its organizational structure is a(n) worldwide matrix structure.

Despite having their headquarters abroad and having profit centres in other locations, international companies nonetheless keep sizable interests there. US laws often govern parent company operations and governance, and GAAP is typically followed in parent company accounting.

Apple. In the 1970s, Steve Jobs, Steve Wozniak, and Ronald Wayne formed Apple Inc., which is now regarded as one of the most significant International corporations. Apple is a global manufacturer, developer, and retailer of software, streaming, and online services with headquarters in the US.

Learn more about International corporations here

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3 0
2 years ago
Three years after graduating from​ college, you get a promotion and a 16 percent raise. Your consumption habits change according
svlad2 [7]

Answer:

B. Inferior good

Explanation:

In this case, total income increased because of the promotion and a 16 percent raise. Because of this, the consumption of frozen hot dogs decreased. If the demand for a good or service decreases due to an increase in income, then this is an inferior good. This kind of goods are the opposite of normal goods, because the demand for those increase when there is an increase in income.

7 0
4 years ago
Read 2 more answers
A dozen eggs cost $0.96 in December 2000 and $1.82 in December 2017. The average wage for workers in private industries was $14.
pogonyaev

Answer:

the percentage in which the price of the dozen eggs rise is 89.58% or 90%

Explanation:

The computation of the percentage in which the price of the dozen eggs rise is shown below;

Percentage Change in Dozens egg price is

= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100

= ($1.82 - $0.96) ÷ $0.96 × 100

= 89.58% or 90%

Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%

8 0
3 years ago
On October 1, Black Company receives a 10% interest bearing note from Reese Company to settle an $21,800 account receivable. The
Natali5045456 [20]

Answer:

At December 31, Black should record interest revenue of: $545

Explanation:

Black Company receives a 10% interest bearing note from Reese Company to settle an $21,800 account receivable.

The amount of the interest per year = 10% x $21,800 = $2,180

At December 31, following 3 months, the interest accrual = $2,180/12 x 3 = $545

Journal entries to record the interest accrual:

Debit Interest receivable $545

Credit Interest revenue $545

7 0
4 years ago
A stock has a risk premium of 7.4% and the risk-free rate is 2.1%. What is the stock's fair return? Answer as a percent. Enter o
frosja888 [35]

Answer:

9.50%

Explanation:

The risk free rate is a rate which has no financial loss over a certain period. The risk premium is a rate excess of risk free rate. The risk premium is calculated by subtracting risk free rate from rate of return on an investment.

The stocks return will = risk free rate + risk premium

Stock's fair return = 2.1% + 7.4%

Stock's fair return = 9.50%

8 0
3 years ago
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