Answer:
Monthly percentage rate = 0.55%
Explanation:
DATA:
APR = 6.7%
Monthly interest percentage =?
Solution:
Basically APR means Annual percentage rate refers to annual rate of interest charged to borrowers and paid to investors.
Here we have asked to find the monthly interest percentage. In order to find that out, we need to divide APR by 12 months.
Monthly percentage rate = APR/12months
Monthly percentage rate = 6.7%/12months
Monthly percentage rate = 0.55%
In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales transactions. What must happen to each product/service item mapped is that it muts reflect on Chart of Accounts list.
<h3>What is the
QuickBooks Online?</h3>
This is a small business accounting software that businesses use to manage income and expenses and keep track of the financial health of their business. It is used for invoicing customers, paying bills, generating reports, and preparing taxes.
The QuickBooks product line includes several solutions that work great for anyone, from a freelancer to a midsized business.
In conclusion, as the Products and Services list contains the items that will appear on your client's purchase and sales transactions. What must happen to each product/service item mapped is that it muts reflect on Chart of Accounts list.
Read more about QuickBooks Online
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Answer:
40%
Explanation:
Initial amount invested = $50 × 100 × 50% = $2,500
Profit from sale and repurchase = ($50 - $40) × 100 = $1,000
Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.
Therefor, the rate of return would be 40%.
<span>Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. mullin, inc. is a (n) wholesaler.
Distribution of goods or things to specific customer types is </span>wholesaling. Wholesaler is a person, company or firm who buys from various producers, a large quantity of goods and then resells to retailers. There are also some types of wholesalers.