Answer:
Nominal rate of return= 10.96%
Explanation:
Inflation is the increase in the price level.It erodes the value of money.rise in the price of money
<em>Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation. </em>
<em>Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation.
</em>
The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;
N = ( (1+R) × (1+F)) - 1
N- nominal rate, R-real rate, F- inflation
Nominal rate of return =(1.038)× (1.069) - 1 = 0.109622
Nominal rate of return = 0.109622
× 100 = 10.96%
Nominal rate of return= 10.96%
Answer:
Check the explanation
Explanation:
May June
Budgeted sales 10800 14400
(600*18) (800*18)
Less: cost of good sold 5970 7960
(9.95*600) (9.95*800)
Gross margin 4830 6440
Less: Operating expenses
Selling expenses (6%*Sales) 648 864
Fixed administrative expenses 1200 1200
Total operating expenses 1848 2064
Budgeted Net Operating Income 2982 4376
Unit product cost
Material $4
Direct labor (9*.3) 2.7
Variable manuafcturing overhead 1.25
Fixed overhead 2
Unit product cost $9.95
The option that is not correct with respect to using bcc for recipients of a message is this:
- It should be the default for all correspondence.
<h3 /><h3>What is the Blind Carbon Copy?</h3>
Blind carbon copy is a way of preventing the recipients of a bulk message from viewing the other addressees. While it is a very good privacy option, it is not expected to be the default for all correspondence.
Sometimes, the addressees might have to view their counterparts so BCC is enabled in such cases.
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The government budget deficit does not influence the real interest rate. The real interest rate is 9 percent a year.
<h3>What do mean by
government budget?</h3>
A government budget is a document created by the government and/or another political institution that details proposed spending and tax revenue estimates for the upcoming fiscal year. The budget is typically presented to the legislature in parliamentary systems, and it frequently needs their approval.
A government budget is a document that details the anticipated income and expenditures for a given fiscal year for a given governing body. Government spending plans frequently need legislative approval and are vulnerable to political pressure from interest groups vying for funding.
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