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Nonamiya [84]
4 years ago
7

Clark’s Landscaping bills customers subject to terms 3/20, n/60.

Business
1 answer:
Law Incorporation [45]4 years ago
4 0

Answer: 28.20%

Explanation:

To compute the annual interest rate implicit in the sales discount for thus:

Firstly, we have to calculate the difference that exist between the payment date and the due date and then divide by 365 days which has been given in the question. This will be:

= 60 days - 20 days = 40 days

= 365days/40days

= 9.125%

Secondly, we will then subtract the percentage discount from 100% and then divide the result. Since discount percentage is 3%, this will be:

= 3%/(100% - 3%)

= 3%/97%

= 0.03/0.97

= 0.0309278351

= 3.09%

Lastly, we then multiply the result of the calculations above together in order to get the annualized interest rate. This will be:

= 9.125% × 3.09%

= 28.19625%

= 28.20%

Annualized interest rate. =28.20%

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Answer: C. Complicate Marketing and Sales processes.

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3 years ago
ASAP HELP ME PLEASE , GIVING BRAINLIEST TO CORRECT AWNSER
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3 years ago
Suppose that Brazil imports semiconductors from the United States. The free market price is $30.00 per semiconductor. If the tar
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Answer:

a. $42

b. $36

c. benefits consumers in Brazil.  They pay less by $6.

d. does not affect consumers and producers in the United States.

Explanation:

a) Data and Calculations:

Free market price of semiconductor = $30

Brazil tariff on imports = 40%

This means Brazilians pay $42 ($30 * 1.4) per semiconductor

New Brazil tariff on imports = 20%

This implies that Brazilians will now pay $36 ($30 * 1.2) per semiconductor

b) Import tariffs by Brazil are taxes imposed on imports into Brazil by the Brazilian government to discourage imports, generate revenue, and control the type of goods and services imported into Brazil.  The Uruguay Round was an international trade conference that birthed the WTO.  The purpose of the conference and the creation of WTO was to enable countries negotiate better trade deals and ensure the creation of free trade among the comity of nations.

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3 years ago
Investment interest expense includes:interest expense from loans to purchase municipal bonds and interest expense from loans to
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Investment interest expense includes interest expense from loans to purchase municipal bonds.

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8 0
2 years ago
If the price of a banana is twice the price of an apple, then the sale of a banana contributes twice as much to GDP as the sale
marysya [2.9K]

Yes this statement is true.

Explanation:

The sale of banana will add the twice contribution in the GDP as because the price is double and the sell of every single unit in the market in comparison of apple is able to add more currency in the economy than a sell of every single unit of apple.

The higher price may affect the sale as people will move to the other alternative but how much sell of banana will take place will able to add more money in the market as compared to apple.

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