Answer:
- $140
- $14,140
Explanation:
1. First find the net amount amount the company borrowed in April:
= Cash balance to be maintained + Loan repayment - Budgeted end of April balance
= 37,000 + 1,000 - 24,000
= $14,000
Interest = 14,000 * 12%/ 12 months
= $140
2. Financing effect:
= Amount borrowed + Interest
= 14,000 + 140
= $14,140
Answer:
i-... is that a genuine question or.. 0-0
Explanation:
The option that's true about Padraig’s gross pay and total employee benefits is "His total employee benefits are 12.5% of his annual gross pay of $64,000"
His annual gross pay is $64,000, his employment benefits will be:
= 12.5% × $64000
= 12.5/100 × $6400
= 0.125 × $64000
= $8000
Therefore, the annual compensation will be:
= $64000 + $8000
= $72000
In conclusion, the correct option is C.
Read related link on:
brainly.com/question/23770424
Answer:
C. financial intermediation.
Explanation:
The financial intermediary is a process in which the bank or other financial institutions provides a service of helping to save or borrow money.
A financial intermediary also helps in facilitating the diverse needs of lenders and borrowers
The funds are raised from people who wants to deposit the money.
Answer:
14.6 percent
Explanation:
Data provided in the question
The average return of large-company stock = 12.14 percent
The average risk-free rate of return = 2.49 percent
The average return of small-company stock = 17.09 percent
By considering the above information, the risk premium is
= Average return of small-company stock - Average risk-free rate of return
= 17.09 percent - 2.49 percent
= 14.6 percent
This is the answer but the same is not provided in the given options
We simply deduct the risk-free rate of return from the market return so that the risk premium could come
