Answer:
$100 income, that added fees are only $600.
Answer:
Purchasing insurance can help Adrian minimize risk. Adrian’s best decision in this case is to not buy the insurance
because the policy is
too expensive in relation to the value of his vehicle
Answer:
d. every decision has an opportunity cost.
Explanation:
Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.
Accounting cost only includes explicit cost.
Economic cost includes both implicit and explicit Cost.
economic decisions dont include sunk costs.
I hope my answer helps you
Answer:
Interest Rate Collar
Explanation:
This strategy called the Interest Rate Collar.
The Interest rate collar is an option that is used to hedge the interest rate exposure. It protects the borrower from the risk of increasing the interest rate and also decided a floor declining rate by purchasing an interest rate cap.
In the given scenario the Miami Bank will receive when the interest rate crosses the cap of 11% and pay when there is a decrease below the floor rate of 8% on the principal value.
Answer:
Marigold Corp.
The amount received from Bramble is $4,508.
Explanation:
a) Computation of Amount Received:
Jan. 15 Sales = $5,700
Jan. 20 Returns (1,100)
Balance due $4,600
Jan. 24 discount ($92)
Cash collected $4,508
b) Discount allowed = 2% of $4,600 = $92
c) This is in accordance with the trade terms 2/10, n/30, which allows a cash discount of 2% if payment was made within 10 days from the date of purchase, with the last allowed credit within one month. From January 15 to January 24 is 10 days. So, the cash discount of 2% applies on the balance due after the sales returns.
