Answer:
58.81% annual
or 3.93% monthly
Explanation:
Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:
effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%
Answer:
Nonoperating
Explanation:
The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.
<u>line</u>
Explanation:
An organization that has direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor is called a(n) <u>line</u> structure.
Answer:
You choose Jim since they are both similar employees and choosing your friend is OK
Explanation:
Since in the question it is mentioned that Jim and John both wants to be on the team but there is only one room that belong to other one person. Although they have the same skill and work ethics so here we should choose Jim as it is okay to select friend who have the same attributes or characteristics
Therefore the above represent the answer
Answer:
C. Is an ethanol-gasoline mixture
Explanation:
E-85 is a designation used to represent a combination of ethanol and gasoline. It indicates an ethanol content of 85% and a gasoline content of 15%. Most countries with cold temperatures practice this mixture of ethanol with gasoline, because, ethanol makes it hard for the engines of vehicles to crank.
A major agricultural produce used in the production of ethanol is corn which undergoes fermentation. Some countries who use E-85 as a source of fuel include; the United States, as well as Sweden.
