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3 years ago

A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods

Business

1 answer:

baherus [9]3 years ago

4 0

Answer:

16 compounded periods

Explanation:

Here ,the loan amount was not given , they asked to compute only the compounding period of the loan.,

The period of loan is 4 years

interest calculation mode is quarterly

= (12 months÷4 = 4 times in a year) $(12 months÷4 = 4 times in a year)$

= 4 ×4 = 16 compounding periods $4 ×4 = 16 compounding periods$

Hence the 8% interest bearing 4 years loan will compounded 16 times

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It is estimated that the average cost of a single field sales call on a business customer is about __________, factoring in sale

bearhunter [10]

The answer to this question is an amount equal to or more likely "$350.00". Hence when it is estimated that the average cost of single field sales calls on a business or the establishment customer is about an amount of $350.00, factoring in sales the people or worker's compensation, benefits, and the travel-and-entertainment expenses.

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3 years ago

Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:

Y_Kistochka [10]

Answer:

1. $35,830

2. B) No, since ROI will be lowered.

3. $13 per DL

Explanation:

1. Present value of inflows = $146,000*Present value of annuity factor (10%,6)

Present value of inflows = $146,000 * 4.355

Present value of inflows = $635,830

Net present value = Present value of inflows - Present value of outflows

Net present value = ($635,830 - $600,000)

Net present value = $35,830.

So, the net present value for Project Nuts is $35,830.

2. ROI = Net income / Investment

ROI = (100000-60000-40000) / 150000

ROI = 0%

The ROI required is 25%. Hence, the new project should not be accepted as ROI will be lowered.

3. Direct labor price Variance = Actual hours (AR - SR)

$10,500 = 10,500 (AR - $12)

$10,500 = 10,500 AR - $126,000

AR = $10,500 + $126,000 /10,500

AR = $13 per direct labor hour.

So, the actual rate of pay for direct labor is $13 per DLH.

4 0

3 years ago

Hochberg Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Tota

UkoKoshka [18]

Answer:

The correct answer is 2.39

Explanation:

TOTAL WAGES AND SALARIES = $433,000

DEPRECIATION = $160,000

OCCUPANCY = $169,000

TOTAL = $762,000

here for calculating the activity rate for activity cost pool , we will only use the given percentages of wages and salaries, depreciation and occupancy in the activity cost pool -

Amount Activity cost pool Amount allocated

Wages $433,000 20% $86,600

Depreciation $160,000 10% $16,000

Occupancy $169,000 10% $16,900

TOTAL $119,500

Cost driver machine hours 50,000

Rate per machine hour $119,500 / 50,000

2.39

Therefore the activity rate for activity cost pool is 2.39

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3 years ago

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aliya0001 [1]

Answer:

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3 years ago

Burton Pharmaceuticals is a fast-growing drug company based in Dallas. Top executives at Burton realize that human capital plays

Jobisdone [24]

Answer:

C) HR representatives attend merger and acquisition discussions.

Explanation:

Decisions about mergers and acquisitions are very complex and include all the aspects of both companies involved (e.g. finance, production, HR, etc.). M&A are part of Burton's strategic planning since they involve the future of both companies.

If HR managers or representatives already attend and participate in M&A discussions, that means that they are already actively participating in Burton's strategic planning.

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3 years ago