Answer and Explanation:
The computation of the effective interest rate is shown below:
For Fidelity bank
= (2 × 4 × $150,000 × 0.12) ÷ (4 +1 )× ($150,000 - $18,000 - ($150,000 × 26%)
= 30.97%
For southwest bank
= (2 × 12 × $150,000 × 0.12) ÷ (12+1 )× ($150,000 - ($150,000 × 13%)
= 25.46%
Answer:
The correct answer is letter "B": are essential to the reallocation of resources from less desired to more desired goods.
Explanation:
Economic profit is the difference between the company's profits from revenue and the overall opportunity cost. The difference between accounting profit and economic profit is significant. Only total revenue minus the explicit cost of producing goods or services is considered to calculate the accounting profit.
The economic profit is called a loss if after subtracting the opportunity costs from revenue the figure is negative. <em>Both profit or losses determine how resources will be allocated in a company prioritizing the more desired goods or those who are needed for the firm's operations.</em>
Social Security and Medicare benefits to elderly and retired people.
Answer:
The right answer is option (D).
Explanation:
According to the scenario, the most appropriate answer is option (D) because systematic study can be defined as the study of social relationships and behavior and making a decision on the basis of data collected.
While the other options are not that appropriate because of the following reasons:
- The organizational study can be defined as the study when a person organizes a process which results in boosting the social relation.
- Intuitive study shows the concept of making decision immediately without going deep on data collected.
- Theoretical study shows the concept of study anything very theoretic and than makes the decision.
- Case-based study shows the concept of study which checks though the results of similar cases to make any decision.
A customer who sold a bond at a loss must wait how long before he can buy back a substantially identical bond and not have the sale classified as a wash sale?
30 days.
