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3 years ago

The annual percentage yield (apy) is the

Business

2 answers:

yan [13]3 years ago

6 0

Answer:

Interest rate avertised by borrowers

Explanation:

tia_tia [17]3 years ago

4 0

Annual interest rate that factors in compounding effects.

Formula: APY = ( 1 + APR/n )^n - 1

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Snap Dragon Photo reported the following figures on its December 31, 2016, income statement and balance sheet:Net Sales $440,000

siniylev [52]

Answer:

Assets turnover ratio= 1.64 times

Explanation:

The asset turnover is the he amount of sales generated by one dollar invested in asset. it measures how efficient the business is in generating sales using assets

Assets turnover ratio = net sales / Average assets

Asset at the beginning of year 2016

=26,000 + 56,000 + 79,000 + 8,000 + 180,000 = 349 ,000

Asset at the end of year 2016

$28,000 + 58,000 + 76,000 + 14,000 + 11,000= 187 ,000

Average assets = Opening value of asset+ closing value of assets/2

= 349 ,000 + 187 ,000= 268 ,000

Assets turnover ratio = net sales / Average assets

=440000/268,000= 1.64 times

Assets turnover ratio= 1.64 times

Total assets =

3 0

3 years ago

Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops

babymother [125]

Answer: No,the company is not guilty.

Explanation: In the given case, Hines could not be considered guilty of price discrimination as the price charged from different shops was same. The free samples were distributed for the purpose of campaign and the discretion to which shop they want to provide lies completely with the company.

Price discrimination refers to the practice of charging different prices from different customer which the company have definitely not done.

Hence, Hines could not be charged of guilty of price discrimination.

6 0

2 years ago

Local adaptation is typically preferred by managers who are charged with making the international business successful in their c

atroni [7]

Answer: True

Explanation:

To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.

The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.

4 0

3 years ago

QS 7-13 Note receivable interest and maturity LO P4 On December 1, Daw Co. accepts a $36,000, 45-day, 10% note from a customer.

asambeis [7]

Answer and Explanation:

The journal entries are shown below:

1. Interest Receivable $300($36,000 × 10% x 30 ÷ 360)

To Interest Revenue $300

(Being accrued interest revenue is recorded)

2. Cash $36,450

To Interest Receivable A/c $300

To Interest Revenue A/c $150 ($36,000 × 10% x 15 ÷ 360)

To Notes Receivable A/c $36000

(Being note maturity date it is honoured is recorded)

6 0

3 years ago

g Call options on IBM-listed stock options are Group of answer choices created by investors and traded on various exchanges. iss

Scorpion4ik [409]

Answer: Created by investors and traded on various exchanges

Explanation:

Call options are contracts that give the buyer the right to buy the underlying assets of the option on a particular date at a set price by exercising the option. American Call options can be exercised anytime before the date listed in the contract as well.

Call options are created by people who already own stock in the company i.e investors in IBM and traded on various exchanges such as the Chicago Board Options Exchange. It acts as a supplementary way to make income from stock if the investors do not believe that the stock price will go up thus enabling them to make income from the contract price.

8 0

3 years ago