Answer:
D. 10.0%
Explanation:
As the bank reqiresd 10% compensating balance the actual amount unrestricted for the loan is 48,000 x (1 - 10%) = 43,200
and from this amount we have to solve for the effective rate:
principal x rate = interest
48,000 x 0.09 = 4,320
now we divide the interest over the actual principal to know the effective rate:
4,320 / 43,200 = 0.10 = 10%
The only answer here that would appear in the stockholders' equity section is retained earnings. Having a net loss in the income statement would mean there is less earnings to retain.
Answer:
SUPPLY CHAIN
Explanation:
A supply chain refers to the network between a business and its distributors that manufactures and distributes to the ultimate customer a particular product. This network comprises various actions, individuals, organisations, knowledge, and assets. The supply chain often reflects the measures that it involves to have the products or services to the consumer from its original form.
A supply chain requires a number of steps to even get consumers to obtain a products or services. The measures involve transferring and converting raw resources into finished goods, shipping and selling such items to end users. The supply chain participating organisations include manufacturers, suppliers, distributors, delivery companies, distribution centers and retailers.
