1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dusya [7]
4 years ago
8

You would be making a wise decision if you chose to:________.

Business
2 answers:
Korolek [52]4 years ago
7 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

In the above scenario it will be a good financial decision to choose a loan with lower effective rate than the one with lower percentage rate.

Effective rate is defined as the real interest rate on a loan or the actual amount that is to be repaid annually on a loan. It gives a truer picture of cost of borrowing money.

Percentage rate is interest paid on a loan expressed as a percentage of the total amount collected. It usually includes various fees and charges collected by the lender. So it is not a true reflection of the cost of borrowing

AlekseyPX4 years ago
5 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

The effective annual rate is the actual rate of interest that you will have to paid on the loan. The effective annual rate takes into account the compounding interest over the loan's period of time.

An annual percentage rate can be either nominal (without taking compounding into account), or effective. For this reason, to make sure that you are making the most rational decision, you should take the loan with the lower effective annual rate, because the lower annual percentage rate may be either nominal or effective.

You might be interested in
The total manufacturing cost variance is a.the flexible budget variance plus the time variance b.the difference between planned
Mademuasel [1]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • A Cost variance seems to be the gap and difference between the expected expenditures incurred as well as the projected regular expenditures at just the start of such a time frame.
  • Such variances have been used by administrators to assess and monitor the progress including its supply chains, expenditures as well as other activities.

⇒  Cost variance = Actual cost - Standard cost

Some other available options have no connection with the given case. So choice C seems to be the perfect solution to that.

4 0
4 years ago
In the Trial Balance:
Mariana [72]

Answer:

Option A

Explanation:

  • Debit is for increasing expenses and assets
  • Where as credit decreases them.

As per Newtons third law every action has a equal and opposite reaction

  • So every debit have a equal credit in trial balance.

Opt A is correct

6 0
2 years ago
You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on
sergejj [24]

Answer:

a.  Selective attention/comprehension

Explanation:

Selective attention/comprehension -

It refers to some specific external factors , which alerts someone's attention , is referred to as Selective attention/comprehension .

The factors can be some external factors like some specific words , activities , situation etc.

Hence , from the given scenario of the question ,

The students gets distracted by the sound of the pencil on desk .

The correct answer is a.  Selective attention/comprehension .

3 0
3 years ago
Kingbird Company is negotiating to lease a piece of equipment to MTBA, Inc. MTBA requests that the lease be for 9 years. The equ
kolbaska11 [484]

Answer:

$ 7,994

Explanation:

Fair Value of lease 60,000

Less Present value of garanteed residual value$ 2,368

($4000*1/1.06^9)

Amount to be recovered through periodic payment $ 57,632

PVAD (9 years ,6%) 7.20979

Minimum Lease at the beginning of each year (C/D) $ 7,994

Therefore the amount of the annual rental payments Kingbird demands of MTBA, assuming each payment will be made at the beginning of each year and Kingbird wishes to earn a rate of return on the lease of 6 $7,994

8 0
3 years ago
A company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending Work
ExtremeBDS [4]

Answer:

a.The ending work in process inventory is $ 146,575

Explanation:

To determine the ending work in process inventory, we need to do the following computations:

No of units in ending inventory                                    22,000 units

Material cost in ending inventory

22,000 units * 100 % (completion) * $ 2.65                     $ 58,300  

Conversion costs in ending inventory  

22,000 units * 75 % (completion) * $ 5.35                      <u> $ 88,275</u>

Total value of Ending work in process inventory        <u> $ 146,575</u>

7 0
3 years ago
Other questions:
  • Even though eggs are a significant source of cholesterol, what other information on the nutrition label should tom consider if h
    9·1 answer
  • Mark expects the value of currency X to appreciate in the near future. Hence, he delays the collection of payments from foreign
    15·1 answer
  • Sometimes it is better to leave a task and come back later if you do not feel like doing it at the time
    5·1 answer
  • the costs of running a business are called ___________. a. startup costs b. cash flow c. operating expenses d. fixed costs
    5·2 answers
  • Excise and Sales Tax Calculations
    8·1 answer
  • Company Z has 2.1 million shares of common stock authorized with a par value of $1 and a market price of $52. There are 1.05 mil
    15·1 answer
  • Capacity management, denominator-level capacity concepts. Match each of the following numbered descriptions with one or more of
    7·1 answer
  • George Bennet wants to give his son $20,000 upon completion of his college education. If he invests $5,500 now in an account ear
    11·1 answer
  • matthew has written his mission, vision, and value statements. he has completed his organizational assessment. what is his next
    11·1 answer
  • . If the company produces 5,000 fewer units than it sells in its second year of operations, will absorption costing net operatin
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!