Answer:
Equals the foreign exchange rate minus the inflation rate.
Explanation:
Nominal rate of interest refers to the interest rate which does not account for rate of inflation.
It is expressed as
Nominal interest rate = Real interest rate + rate of inflation
Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.
Foreign exchange rate refers to exchange rate between two currencies which is based upon inflation and interest rates prevailing in the respective countries.
Answer:
Option 4- Interest on Interest
Explanation:
Look we earned $8 in the first year which we invested in the same business. Okay now we again earned 8% on this $100 and $8 invested in the second year. The 8% on the $8 is $0.64 which is the interest earned on the interest invested in the previous year.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Each of five transactions can be defined as follows:
a) Authorization for use of materials (both direct and indirect).
b) Work used in the factory (both direct and indirect).
c) Factory over-the-counter application to employment.
d) Fulfilled jobs.
e) Goods selling costs.
Following are the description of the transaction:
For a)
- A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
- It is also a material request or materials requirements document.
- The document the requester will retain a copy of the form, just as do the warehouse personnel.
For b)
- The plant system is a production process utilizing machinery & manpower divisions.
- Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.
For c)
- The overhead manufacturing costs are added or applied to each work during the manufacturing process.
- Those costs will be included in the processing costs in conjunction with direct material and direct.
For d)
- Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.
For e)
- The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
- Indirect spending, such as distribution and sales force expenses, is excluded.
Learn more:
brainly.com/question/21487187
Answer:
If the company follows the residual dividend policy, it is $50,000 in dividends.
Explanation:
Dividend is calculated by using the formula:
Dividends = Net Income - Equity requirement
where, Equity requirement = Capital budget (% Equity)
= 500,000(70%) = $350,000
∴ Dividends = 400,000 - 350,000
= <u>$50,000
</u>
