Answer: 28.20%
Explanation:
To compute the annual interest rate implicit in the sales discount for thus:
Firstly, we have to calculate the difference that exist between the payment date and the due date and then divide by 365 days which has been given in the question. This will be:
= 60 days - 20 days = 40 days
= 365days/40days
= 9.125%
Secondly, we will then subtract the percentage discount from 100% and then divide the result. Since discount percentage is 3%, this will be:
= 3%/(100% - 3%)
= 3%/97%
= 0.03/0.97
= 0.0309278351
= 3.09%
Lastly, we then multiply the result of the calculations above together in order to get the annualized interest rate. This will be:
= 9.125% × 3.09%
= 28.19625%
= 28.20%
Annualized interest rate. =28.20%
I think the correct answer from the choices listed above is the first option. The stage of career matching is she in would be <span>eliminating options that don't match her characteristics. She is eliminating the career paths that does not suit to her. Hope this answers the question. Have a nice day.</span>
Answer:
Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.
This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.
In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.
Top reasons given are:
- Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
- emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.
Answer:
These are the options for the question:
market-based
communist
command
laissez-faire
mixed
And this is the correct answer:
mixed
Explanation:
A mixed economy is an economy that either:
- Mixes state intervention with a free-market economy.
- Has some sectors of the economy run in market-based style, and other sectors in a planned-style.
- Has coexistence of public enterprises and private enterprises.
In the question, we have an example of a mixed economy because in the energy sector (a crucial sector in any economy), there is one public company competing against private companies.
The economy becomes even more mixed when the government lowers the tax rates of the private companies, so that both the public firm and the private firms compete under the same conditions.
