Which of the following management styles is generally best used in a crisis situation?

What is the effective annual rate (EAR)?

Musya8 [376]

Answer: The effective annual rate (EAR) is the interest rate that would earn the same interest with annual compounding.

The Effective Annual Rate (EAR) is know as the interest rate earned on a subject/asset or remunerated on a borrowing as a consequence of compounding interest over period of time.

The formula to compute effective annual rate is as follow:

$Effective Annual Rate = [1 + \frac{interest rate}{compounding periods}]^{time periods} - 1$

∴ Option (c) is correct.

7 0

2 years ago

Read 2 more answers

The records of Gemini Company show a contribution margin ratio of 40%. The company desires to earn a profit of $40,000 and has f

seraphim [82]

Answer:

$300,000

Explanation:

Given that,

Contribution margin ratio = 40%

Company desires to earn a profit = $40,000

Fixed costs = $80,000

Required sales revenue:

= (Fixed cost + Desired profit) ÷ Contribution margin ratio

= ($80,000 + $40,000) ÷ 0.40

= $120,000 ÷ 0.40

= $300,000

Therefore, the sales revenue of $300,000 would have to be generated in order to earn the desired profit.

7 0

3 years ago

Which loan type requires you to make loan payments while you’re attending school?

suter [353]

A Student Loan is the answer.

4 0

3 years ago

Iss exercise 3 when the average person thinks of network security within a school they often think of the student trying to hack

Marina86 [1]

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6 0

2 years ago

Fact Pattern: Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales tot

sasho [114]

Answer: The accounting for customer food checks by the supervisor.

An unfitting classification of responsibilities existed because the supervisor was accountable for accounting for customer food checks and depositing acknowledgment and had the quality to set POS totals .

Therefore, the correct option is (a)

3 0

2 years ago