State a has a law requiring that all disputes under 15,000 be submitted to arbitration. this is an example of

Ella has an offer to buy an item with a sticker price of $12,300 by paying $420 a month for 36 months. What interest rate is Ell

pentagon [3]

Answer:

18.65%

Explanation:

Cost = $12,300

Total Payment = $420 × 36

= $15,120

Difference in the cost and payment = $15,120 - $12,300 = $2,820

Interest rate is the ratio of the interest to the original cost of the item.

The interest is the difference between the amount paid and the actual cost.

Interest rate = ($2,820/$15,120) × 100%

= 18.65%

5 0

3 years ago

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When a manager develops a cost of capital for a specific project based on the cost of capital for another firm that has a simila

Aneli [31]

Answer: Pure play

Explanation:

A pure play method in finance is an approach that is used to estimate and determine the cost of equity capital of a private company which involves looking at the beta coefficient of other single focused and public companies.

Pure-play companies are the companies that are involved in a single line of business.

5 0

3 years ago

When there is a break in an electric tools insulation or wiring the tools metal may become what

denpristay [2]

Answer:

Hot or energized

Explanation:

8 0

2 years ago

Nosloc Corp. had $800,000 net income in 2019. On January 1, 2019 there were 200,000 shares of common stock outstanding. On April

tresset_1 [31]

Answer:

diluted EPS = $2.05

Explanation:

diluted earnings per share = net income / (weighted common stocks outstanding + diluted shares).

net income = $800,000

weighted common stocks outstanding:

January 1, 200,000 common stocks

April 1, 20,000 stocks issued = 20,000 x 9/12 = 15,000 common stocks

September 1, 30,000 treasury stocks purchased = -30,000 x 4/12 = -10,000

total weighted stocks outstanding = 205,000

diluted shares:

30,000 options at $40 per stock = [($50 - $40) / $50] x 30,000 = 6,000

2,000 bonds x 30 stocks = 60,000

preferred stock = 40,000 x 3 = 120,000

total diluted shares = 186,000

diluted EPS = $800,000 / (205,000 + 186,000) = $2.05

5 0

3 years ago

Plainville Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?

devlian [24]

Answer:

Inventory cycle = Inventory x 365 days

Cost of goods sold

Inventory cycle = $75,000 x 365 days

$360,000

= 76.04 days

Receivable days = Accounts receivable x 365 days

Sales

= $160,000 x 365 days

$600,000

= 97.33 days

Payable days = Accounts payable x 365 days

Cost of sales

= $25,000 x 365 days

$360,000

= 25.35 days

Cash conversion cycle

= Inventory cycle + Receivable days - Payable days

= 76.04 days + 97.33 days - 25.35 days

= 148.0 days

Explanation:

Cash conversion cycle is calculated as raw inventory cycle plus receivable days minus payable days. Inventory cycle is the ratio of inventory to cost of goods sold multiplied by number of days in a year. Receivable days refer to the ratio of accounts receivable to sales multiplied by number of days in a year. Payable day is the ratio of accounts payable to cost of goods sold multiplied by number of days in a year.

6 0

3 years ago