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Sveta_85 [38]
3 years ago
15

What is the single equivalent discount rate of the trade discount 5/4/1?

Business
2 answers:
defon3 years ago
6 0
The correct answer is:  [C]:  " 0.09712 ".
___________________________________
Explanation:
___________________________________
First, find the complement of each discount rate;  then, multiply each complement. Subtract the final result from 100% .
__________________________________________
100% – 5 = 0.95 .

100% – 4 = 0.96 .

100% – 1 = 0.99 .

0.95 * 0.96 * 0.99 = 0.90288 .
_____________________________________________________
          1.0000 –  0.90288 = 0.09712 ; which is:  Answer choice:  [C] .
_____________________________________________________
vladimir2022 [97]3 years ago
4 0
The correct answer should be C. 09712
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Answer:

Export of labor-intensive products

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Explanation:

The population of China is the highest in the world, hence they concluded that they needed to use their number to their own advantage by adopting a labor-intensive production technique which enables them to export their products as well as ensuring a higher percentage of the populace is gainfully employed, little wonders how China products are available the world over.

Also, they provided  world class infrastructures which serve as incentives for foreign direct investment, for instance Apple moved its main factory to China due to the cheaper and available workforce coupled with the state of the art technological infrastructural development achieved by the Chinese people.

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3 years ago
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Which of the following best describes the term customer contact points? Group of answer choices
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d.a customer interacting with a franchise employee

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3 years ago
A bond with 25 years to maturity, 7% coupon, quoted on a 6.25% basis is callable in 10 years at 103, 15 years at 102, and 20 yea
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Answer: 10 years to call

Explanation:

Maturity period = 25 years

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6.25% basis is,

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This bond is considered as premium bond. Therefore, in case of premium bonds, Yield to call will be lower than the yield to maturity. Here, the question is which call date should be utilized. According to the rule of thumb, it states that always use the term that is nearest to the whole call date.

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