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Sholpan [36]
3 years ago
12

Suppose you were borrowing money to buy a car. Consider the following situations. Situation​ 1: Suppose the interest rate on you

r car loan is 18.0018.00 percent and the inflation rate is 17.0017.00 percent. Calculate the real interest rate. nothing​%. ​(Enter your response as a percentage rounded to two decimal​ places.)
Business
1 answer:
NISA [10]3 years ago
7 0

Answer:

1.00%

Explanation:

Given that

Interest rate = 18.00%

Inflation rate = 17.00%

Recall that

Real interest rate = interest rate (nominal) - inflation rate

Therefore,

Real interest rate = 18.00 - 17.00

= 1.00%

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On December 31 of the current year, Aztec Company understated ending Merchandise Inventory by $10,000. How does this error affec
daser333 [38]

Answer:

Cost of goods sold will be overstated by $10,000

Net income will be understated by $10,000

Explanation:

The movements in inventory account can be shown as

Opening balance + purchases - cost of goods sold = ending balance

As such, understating the ending balance would result in an overstatement of cost of goods sold. This will in turn result in an understatement of gross and net income.

3 0
3 years ago
12​stimulation is in the ____________ part of schwartz’s model.
Rom4ik [11]
The correct answer that would best complete the given statement above would be OPENNESS TO CHANGE. Stimulation is in the openness to change part of the Schwart'z model. Other choices of this given question which you might have missed include conservation, self-enhancement and self-transcendence. Hope this answer helps.
8 0
3 years ago
Problem 8-15 Nonconstant Growth [LO1] Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the st
ddd [48]

Answer:

$84.14

Explanation:

P9 = Nest dividend (D10) / Required rate (r) - Growth rate (g)

P9 = $14 / 12% - 6%

P9 = $14 / 0.06

P9 = $233.33

P0 = P9 / (1+Required rate of return)^9

P0 = $233.33/(1+0.12)^9

P0 = $233.33/2.7731

P0 = $84.1404926

P0 = $84.14

So, the current share price is $84.14

7 0
3 years ago
Is buying a movie ticket considered a
Likurg_2 [28]
C. Public Good (at least I think because the money goes to the public)
4 0
3 years ago
Seth's Computer Repair has maintained a competitive advantage based on its thorough and professional service, reasonable pricing
Whitepunk [10]

Answer:

The correct answer is letter "B": core rigidity.

Explanation:

A competitive advantage is an advantage that a company has over its competitors. It could be a <em>comparative advantage</em> if the company had a lower opportunity cost in its production process or a <em>differential advantage</em> if the product produced by the company has a unique feature.

<em>The big failure of Seth's Computer Repair depends on not listening to its internal consumers: their workers. Employers may provide useful input to businesses that could influence the direction of the operations. For that reason, Seth's lost part of its customers when a new competitor entered the market because they kept implementing the same </em><u><em>rigid</em></u><em>, outdated approach that had worked before.</em>

3 0
3 years ago
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