Answer:
Explanation:
The <u>nominal</u> interest rate is quoted by borrowers and lenders-------------
then you <u>can</u> use the APR------------
different compounding periods, then the effective annual rate must------
If a loan or investment uses <u>annual</u> compounding, then the nominal--------
However, if compounding occurs more than once a year, EAR is the effective INOM
Quantitative problem:
Effective annual rate of Bank 2 (assuming its APR is 6%) = (1.015)^4 – 1 = 0.061364
To get the same EAR, Bank 1 should charge per half year 1.061364^(1/2) – 1 = 0.030225
The nominal interest rate (APR)= 0.030225*2 = 0.06045 = 6.05%
Answer:
The estimated rate based on labour hour==6
The actual rate based on labour hour=6.08
The rate based on machine hour=24
The rate based on machine hour= 22.66
Explanation:
Given that Carlson estimated its overhead costs to be $240,000,direct labor hours at 40,000 and machine hours at 10,000 as well as the actual overhead costs incurred of $249,280, actual direct labor hours of 41,000, and actual machine hours of 11,000.We can calculate the to apply .
The estimated rate based on labour hour=240000/40000=6
The actual rate based on labour hour=249280/41000=6.08
The rate based on machine hour=240000/10000=24
The rate based on machine hour=249280/11000=22.66
Answer:
Explanation:
Beginning capital balance(Sam) $58000
+ Currnt year income ( $40000 / 2 = $20000) $20000
[Devide by 2 because they share income]
- Sam's withdrawal ($15000)
Sam's capital balance = 58000+20000-15000 = $63000
The answer is true. A multinational corporation is one that exports internationally or offers services to customers or clients in other company. The initial step in most organizations' global development plans is typically an international strategy, which involves exporting or importing goods and services while marketing maintaining a headquarters or offices in their home country.
There is no one method that works for all business ventures that involve global expansion. Multinational corporations may decide to invest more in their target markets as they expand and scale. Depending on your objectives and business style, expanding your company internationally by marketing takes on numerous forms.
To learn more about multinational corporation , click here.
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Answer:
C 14.45
Explanation:
Return on equity = .084 ×(1 + .72) = .1445, or 14.45 percent
