Answer:
B. 16.53%
Explanation:
The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.
the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1
r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%
Answer:
The beginning inventory was $2000.
Explanation:
First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000 = $6000
The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:
Cost of goods sold = Beginning inventory + Purchases - Closing Inventory
Plugging in the available figures in the formula,
6000 = Beginning Inventory + 8000 - 4000
6000 = Beginning inventory + 4000
6000 - 4000 = Beginning Inventory
Beginning Inventory = $2000
Deliverable is any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project.
<h3>What is
Deliverable?</h3>
A deliverable is a tangible or intangible good or service created as part of a project and intended for delivery to a customer. A deliverable may be a report, a document, a software product, a server upgrade, or any other component of a larger project.
Every deliverable has a cost: the total amount of time, money, and labor required to create and implement that deliverable (product or service, or its component). The cost per deliverable determines your project's budget.
Anything produced or provided as a result of a process is considered a key deliverable. When goals are met, deliverables are created, and when the overall project is completed, your key deliverable is completed.
To know more about Deliverable follow the link:
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Answer:
the answer could be both yes and no. it depends on the industry and the level of the manager.
Explanation:
Managers in the tech-savy or manufacturing industries spend almost an equal amount of time with both employees, machinery and systems while managers in the services industries such as banking, finance, marketing spend most of their time among the employees and clients.
However, regardless of the industry, people management is the most critical and the vital part of a manager.
Answer:
The Oscar's fixed costs per month is $2,500
Explanation:
Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.
In the given question,
Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost
The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.
And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.
Hence, Oscar's fixed costs per month is $2,500
