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3 years ago

What is the typical relationship between time and interest rate

Business

2 answers:

vodka [1.7K]3 years ago

7 0

OK so basically it would be like if you waited a longer amount of time there would be more interest

valina [46]3 years ago

4 0

Answer:

The relationship between time and interest rate is that they are relatively proportional to each other.

Explanation:

Relative proportionality means that both time and interest rate are wholly dependent on each this means that the more the time given to an investment or debt the more the interest rate receivable or the interest to be paid increases.

Typically interest rates are calculated based on annual basis. another good example of the relationship between interest rate and time the compound interest rate which sees your interest rise overtime as you keep on investing or carrying over debts.

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As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So

julsineya [31]

Answer:

SORIA COMPANY

Clothing Department

Flexible Budget Report

For the Month Ended October 31, 2017

See attachment.

In flexible budgeting, the fixed costs are assumed to be constant within the relevant range. Only the variable costs are flexed.

Workings:

1. Sales Commission = $1,680/8,400 x 9,000 = $1,800

2. Advertising = $1,176/8400 x 9,000 = $1,260

3. Travel Expense = $4,032/8,400 x 9,000 = $4,320

4. Free Samples = $1,680/8,400 x 9,000 = $1,800

Explanation:

The flexible budget is one that flexes the activity level or volume in order to recognize changes that may arise. This changes the base volume of the variable costs.

To achieve this, the value under the static budget is divided by the static budget volume and multiplied by the flexed budget volume(s).

In this case, when the budget was flexed from the static sales volume of 8,400 to 9,000 in accordance with the actual volume achieved, the favorable value was increased from $1,188 to $1,800 more than 50% increase.

The implication is that a flexible budget helps to better evaluate performance than its opposite, the static budget.

Download xlsx

8 0

3 years ago

Dont give some bolonie long answer just say a, b, c , or d and If you don’t now or you think you now don’t answer thanks

Vitek1552 [10]

Answer:

your answer is

B. This is a heading

good luck :)

7 0

3 years ago

If, in a specific year, exports are $40 billion, business expenditures are $60 billion, the government collects $50 billion in t

katovenus [111]

The fiscal deficit for the government for the current year will be $20 billion for the given condition.

<h3>What is fiscal deficit?</h3>

The condition where there is an excess of expenditures over the income during a given financial period, it is known as fiscal deficit. The computation of fiscal deficit using the formula and the given information will be,

Fiscal Deficit = (Total Income – Total Expenditure)

Fiscal Deficit = $50 billion – $70 billion = -$20 billion

Hence, option C holds true regarding fiscal deficit. The complete question has been attached in the image for better reference.

Learn more about fiscal deficit here:

brainly.com/question/23795227

#SPJ1

3 0

2 years ago

Which of the command systems would be the most appropriate when there are six victims at a mvc?

Olin [163]

Singular command. In a motor vehicle accident with multiple victims, the scene will be chaotic and having a single, clear leader will best help resolve the situation.

5 0

4 years ago

Using the summary of the accident, calculate the total dollar value of the property damage

NARA [144]

Answer:

The summary of the accident, calculate the total dollar value of the property damage Stephanie caused is explained below in detail.

Explanation:

The term 100/300/100 coverage indicates that a character has coverage of $100,000 physical damage mortgage coverage per person, $300,000 total physical damage mortgage insurance per accident, and $100,000 property loss accountability per accident.

So, in case Stephanie prompted a property and accident destruction, then $1,00000 will be sustained by the insurance corporation and above this value, it will be paid by Stephanie.

8 0

3 years ago