Market is more for everyone working as a group and entrepreneurship is when there is one owner that works
Answer:
17%
Explanation:
If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%
The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.
Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.
Answer:
15.01%
Explanation:
The computation of the return on equity is shown below:
Return on equity = Net income ÷ Equity at the end of 2010 × 100
where,
Net income is $539
And, the equity at the end of 2010 is
= Common Stock + Retained Earnings
= $2,890 + $700
= $3,590
So, the return on equity is
= $539 ÷ $3,590 × 100
= 15.01%
We simply applied the above formula to determine the return on equity
The site plan is drawn from information supplied by a(n)_______
401K or other savings plan
Answer:
9 containers
Explanation:
Data given
Container holds (capacity) = 200 units
Demand rate per minute = 10 units
The computation of number of containers needed is shown below:-
Time to fill container = Setup time + Processing time
= 60 + 120
= 180 minutes
Number of containers (n) = (Demand × Time to fill container) ÷ Capacity of the container
= (10 × 180) ÷ 200
= 1,800 ÷ 200
= 9 containers
Therefore for computing the number of containers we simply applied the above formula.