Answer:
you owe $43.47 in one month
Explanation:
Daily Interest (for one month) = Balance × APR rate × [number of month / Total month in a year]
Daily Interest = $1800 × 28.99% × 1/12
= $1800 × 0.2899 × 0.0833
= $43.47
Answer:
b.The company made large investments in fixed assets.
Explanation:
When company cuts dividend , cash in balance sheet will not reduce . It wii be in the form of reserve.
When company makes investment in fixed asset , its cash will decrease.
When the company sold a division and received cash in return , its cash will increase.
The company issued new common stock , its cash will increase .
The company issued new long-term deb , its cash increases .
So option b is correct.
Answer:
Weighted average selling price= $94
Explanation:
Giving the following information:
Sales in units:
Skis= 12,600
Snorkles= 23,400
Total= 36,000
Product: Unit Selling Price
Skis= $120
Snorkels= $80
We need to calculate the weighted average selling price per unit for the company as a whole.
<u>First, we need to calculate the participation of each product on sales:</u>
Skis= 12,600/36,000= 0.35
Snorkles= 23,400/36,000= 0.65
Weighted average selling price= (0.35*120) + (0.65*80)= $94
Answer: The answer is co workers at the same level.
Explanation:
Horizontal communication is a system of communication which operates through internal communication channels such as the internal telephone, memoranda or face -to face communication. It takes place between staff of about the same level in different department in an organization. For example horizontal communication can take place between the factory manager and cost accountant in an organization. In horizontal communication there is no authority flowing along the lines of horizontal communication
Answer:
c. 7 percent
Explanation:
The real interest rate will be net of the effect of inflation.
In this case we are givne with the principal and the amount.
We will solve for nominal rate first:
amount/ principal - 1 = rate
1,120/1,000 - 1 = 0.12
Now, we calculate the real rate of return. we subtract the inflation from the nominal to achieve the real rate.
nominal - inflation = real rate
0.12 - 0.5 = 0.07
The real interest rate will be of 0.07 = 7%
