Answer:
The interest rate is 11%
Explanation:
The loan amount = $50000
Interest amount = $5500
Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.
Let the interest rate = x
Principal × interest rate = Interest amount
$50000 × r = $5500
r = $5500 / $50000
r = 0.11 or 11%
The interest rate is 11%
I’m pretty sure the answer is the 3rd one
Answer: Theo Chocolate would probably benefit from such a program because the employees who participate will have greater cross-cultural awareness.
Explanation:
The global service program would be beneficial to Theo chocolates as the workers would have the opportunity to learn about new cultures as they get to interact with farmers from the villages where the cocoa is being farmed. This would make the workers at Theo chocolates to have a high level of cross-cultural awareness.
Answer:
19 units per order
Explanation:
the formula to calculate economic order quantity (EOQ) is:
EOQ = √(2SD/H)
- S = cost per order
- D = annual demand
- H = holding cost per unit
EOQ = √[(2 x 850 x 14) / 65] = 19.14 units
in this case to obtain the lowest possible cost you must round down your answer to 18 units per order.
The EOQ can help you determine the minimum amount of units that you should order of a product in order to reduce inventory costs.
Answer:
a) $12,750
Explanation:
The computation of the bad debt expense is shown below:
= Credit sales × estimated percentage given
= $255,000 × 5%
= $12,500
Simply we multiplied the credit sales with the given estimated percentage so that the accurate amount can come i.e bad debt expense for the particular year
All other information which is given is not relevant. Hence, ignored it
