Because firm (A,B, C) has the highest cost of reducing pollution by 1 unit, it would like to (sell 30 permits to, buy 30 permits from) another firm.
Answer:
15.18%
Explanation:
Calculation for the nominal annual rate
First step is to find EFF% using this formula
EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year
Let plug in the formula
EFF%=[1+(15%/12)^12
EFF%=(1+0.0125)^12
EFF%=(1.0125)^12
EFF%=1.1608×100%
EFF%=116.08%
Second step is to find Rnom compounding quarterly of 116.08% using this formula
Rnom compounding quarterly = (1+(R/4)^4
Let plug in the formula
Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4
Hence,
Rnom compounding quarterly = 15.18%
Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%
Answer:
Explanation:
it means that the product wont be around aymore since its limited to retailer?
Answer:
The correct answer is letter "A": The trial balance is completed to ensure that debits and credits are equal in the General Ledger.
Explanation:
A Trial Balance is a worksheet listing the debit and credit balances of all the ledger accounts for a company. Under accounting theory, the total of all the debits must equal the total of all the credits. Preparing the trial balance is the first step to closing the books at the end of an accounting period.
Answer:
$60,030.54
Explanation:
In this question, we use the FV formula that is presented in the spreadsheet.
The NPER shows the time period.
Given that,
Present value = $0
PMT = Monthly payments = $5,000
NPER = 10
Rate of interest = 4%
The formula is presented below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $60,030.54