Answer:
a weekly compounded rate of 0.355%
Explanation:
the question is incomplete:
a daily compounded rate of 0.040%, a weekly compounded rate of 0.355%, a monthly compounded rate of 1.15%, a quarterly compounded rater of 4.00%, a semiannually compounded rate of 7.5% or an annually compounded rate of 14%
compounded daily:
- effective interest rate = (1 + 0.0004)³⁶⁵ - 1 = 0.157162407
compounded weekly:
- effective interest rate = (1 + 0.00355)⁵² - 1 = 0.202344148
compounded monthly:
- effective interest rate = (1 + 0.0115)¹² - 1 = 0.147071911
compounded quarterly:
- effective interest rate = (1 + 0.04)⁴ - 1 = 0.16985856
compounded semiannually:
- effective interest rate = (1 + 0.075)² - 1 = 0.155625
compounded annually
- effective interest rate = 14%
You're correct. Because the definition of a franchise business is "<span>A </span>franchise<span> is a </span>business system<span> in which </span>private<span> entrepreneurs </span>purchase the rights<span> to open and </span>run<span> a </span>location of a larger company<span>."</span>
I think the correct answer would be demographic segmentation. It is a type of market segmentation where the consumers are classified according to race, religion, family, gender and/or income. It is a way to help an organization target specific consumers.
Answer and Explanation:
The computation of the missing amount is as follows:
As we know that
The total manufacturing cost = Direct Materials Used + Direct Labor Used + Factory Overhead
So,
(1)
= $42,700 + $64,200 + $52500
= $159,400
(2)
= $298,000 - $78,100 - $144,000
= $75,900
(3)
= $314,000 - $57,400 - $113,000
= $143,600
Answer:
The journal entry for J. Laney. to record this transaction is:
Legal Expenses $13,920 (debit)
Common Stock $2,900 (credit)
Share Premium $11,020 (credit)
Explanation:
The Common Stocks are carried at par value of $1. This means that any price paid in excess of the par value is accounted for in the Share Premium Account.
The Common stocks issued are measured at the price required to settle the legal expenses and are paid in excess of par value of $1.
Share Premium = ($4.80 - $1.00) × 2900 shares
= $3.80 × 2,900
= $11,020
