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exis [7]
3 years ago
15

A nominal interest rate is defined as "the opportunity cost of holding or using money." explain what you understand this definit

ion to mean.
Business
1 answer:
Salsk061 [2.6K]3 years ago
8 0
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
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Accounting is the information system that A. measures business activity. B. communicates the results to decision makers. C. proc
Bezzdna [24]

Answer:

All of the above

Explanation:

Accounting is usually a computer-based method which helps to take care of certain business activities. Accounting is a crucial sector of any business and one slight wrong move can change the complete outlook of a business. Accounting is an information system that helps to process information into numbers. Likewise, it helps to understand how the business is moving and it shows the results of a business decision.

4 0
3 years ago
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages. Michael Mirer worked for Dawson Company for six months t
lisov135 [29]

Answer:

$83.4

Explanation:

Under FUTA, only the first $7000 earning per year will be taxed. Any amounts above $7000 will be tax-exempt.

For Michael, the tax will be calculated as follows.

for the$11200 earned in Dawson company

=0.6% x $7000

=0.06/100 x 7000

=0.006 x 7000

=$42

Amount earned working at McBribe

=0.06% x 6900

=0.006 x $6900

=$41.4

Total to be paid by the two companies

=$42 + $ 41.4

=$83.4

5 0
3 years ago
Which of the following is an authorization from the local government to carry on an enterprise?
jeka57 [31]
The correct answer is business license.

Business license is an authorization from the local government to carry on an enterprise.  Business license is needed by all operating businesses in all geographical location. Without a business license, an operating business can be closed down by government authorities with corresponding penalties.
3 0
3 years ago
Pentagon FGHJK is similar to pentagon MPQST what is the value of x
melamori03 [73]

If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

<h3>Pentagon</h3>

Pentagon F G H J K=Pentagon M P Q S T

F K/ M T=J H/S R

Where:

F K=6cm

M T=9cm

J H=9cm

S R=x

Hence:

6/9=9/x

Cross multiply

6x=81

Divide both side by 6x

x=81/6

x=13.5

Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

Learn more about pentagon here:brainly.com/question/858867

8 0
2 years ago
Louise purchased a disability policy when her salary was $4,000 a month. Later, she lost that job and her salary was reduced to
kondaur [170]

Answer:

$3,500

Explanation:

This is because every Health and Disability Income Policy express the conditions and provisions for continuation of the contract on the new income level.

3 0
3 years ago
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