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mojhsa [17]
3 years ago
9

What is the typical relationship between time and interest rate everfi?

Business
1 answer:
klasskru [66]3 years ago
7 0
<span>Interest rate is directly proportional to time. An interest rate is the amount of money due per period or a proportion of the amount borrowed or deposited. The total interest depends on the principal sum and the length of time over which it is lent or deposited. Therefore, the value of money will depend on interest rate and time. The longer time of debt or bank deposit, the higher interest rate.</span>
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In January ​3, Sturmer Corporation purchased 2,150 shares of the​ company's ​$10 par value common stock as treasury​ stock, payi
photoshop1234 [79]

Answer:

paid in capital from treasury stock = $10000

Explanation:

on 3rd jan

treasury stock = 2150*9 = 19,350

              cash = 19,350

30 jan

cash = 1000*19 =19,000

treasury stock = 1000*9 = 9000

paid in capital from treasury stock = 19000- 9000 = $10000

3 0
3 years ago
The guidance for having infant sleep on their back to reduce the incidence of SIDS has a grade of A. Group of answer choices Pro
Lapatulllka [165]

Answer:

The correct answer is letter "D": Recommendations.

Explanation:

Evidence-based public health (EBPH) practice is the application, and assessment of effective public health programs and policies by applying scientific reasoning principles. It includes several recommendations on basic practices that should be followed to avoid future medical conditions.

6 0
3 years ago
A portable concrete test instrument used in construction for evaluating and profiling concrete surfaces (MACRS-GDS 5-year proper
sergejj [24]

Answer:

Please see  attachment

Explanation:

Please see  attachment

6 0
3 years ago
Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service lif
Zepler [3.9K]

Answer:

Annual depreciation= $28,940

Explanation:

Giving the following information:

Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940

5 0
4 years ago
Cobe Company has already manufactured 23,000 units of Product A at a cost of $15 per unit. The 23,000 units can be sold at this
alexandr1967 [171]

Answer:

The 23,000 units of Product A shall be processed further for Product B and Product C

Explanation:

In the given case we will do an analysis of Profit.

Without further processing:

Sales = $480,000

Cost = 23,000 \times $15 = $345,000

Profit = $135,000

In case of further processing

Sales = Product B + Product C

= 5,000 \times $107 + 11,300 \times $53

= $535,000 + $598,900 = $1,133,900

Cost = $345,000 + $290,000 = $635,000

Profit = $498,900

Since the profit in case of further processing is more than without processing further by $500,000 (635,000 - 135,000), thus Product B and Product C should be sold more than Product A.

5 0
4 years ago
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