Answer:
14.84%
Explanation:
Effective annual return (EAR) = (1 + ( r / m) ^m -1
APR = m (( 1 + EAR) ^( 1/m) - 1)
where m = 365 since it is compounded daily
APR = 365 (( 1 + 0.16) ^( 1/365) - 1) = 14.84%
The answer is option D. B<span>usiness financial management]
The job of Business Financial managers cut across many sectors; their job is to see to </span><span>the </span>financial<span> health of an organization, by produce </span>financial<span> reports, directing investment activities, and developing strategies and plans for the long-term </span>financial<span> goals of their organization. As such, they are employed not only in private companies and non-profits, but also in such places as </span><span>hospitals, department stores, and car manufacturring firms.</span>
In 1679 , New hemisphere was separated from Massachusetts.
New hemisphere become a royal colony of the british crown.
Answer: A: the time required for monetary policies to take effect
Explanation:
The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.
This statement is false. The notes receivable account should
only include those notes which can still be collected. Notes that have not
matured yet is still included in the notes receivable account because there is
still the probability of collection. Dishonored notes should not anymore be
included because there is no more probability of collection.
