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dybincka [34]
2 years ago
5

Which of the following loans typically offer the lowest interest rate

Business
1 answer:
Georgia [21]2 years ago
8 0
I don't know what your interest rates are but 1.10(10% increasing) is more then 1.01(1% increasing).  Does this help?


You might be interested in
TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin
DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

6 0
3 years ago
What three factors that had a negative impact on the financial performances of unibic in its early years?
Ugo [173]

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing  not as per the public requirement

4 0
2 years ago
You're prepared to make monthly payments of $310, beginning at the end of this month, into an account that pays 4 percent intere
umka2103 [35]

Answer:

59 Payments

Explanation:

Future value = $20,175

Monthly payment= $310

Interest rate= 4%/12 = 0.3333% per month

How many payments will you have made when your account balance reaches $20,175?

Now we use Ms Excel to calculate the number of payment

Number of payment = N(FV, -PMT, I/Y)

Number of payment = N(20,175 , -310 , 0.3333%)

Number of payment = 58.9989

Number of payment = 59.

8 0
2 years ago
Write the journal entries for the following transaction of Amy's publishing company in September 2020:
Gnesinka [82]

Answer:

Date                        Account Details                                     Debit               Credit

Sept. 30, 2020       Accounts Receivable                          $5,000

                               Sales                                                                              $5,000      

                       

Date                        Account Details                                      Debit              Credit

Sept. 30, 2020       Cost of Goods Sold                             $2,000

                               Inventory                                                                       $2,000

7 0
3 years ago
At the beginning of the month, the Forming Department of Martin Manufacturing had 11,000 units in inventory, 40% complete as to
emmainna [20.7K]

Answer:

  • Materials ⇒ 70,725 units
  • Conversion ⇒ 68,600 units

Explanation:

Using the weighted average method, the equivalent units are the Units transferred out plus the equivalent closing inventory.

Materials:

= Units transferred out + Closing equivalent units

= 63,500 + (85% * 8,500)

= 70,725 units

Conversion:

= 63,500 + (60% * 8,500)

= 68,600 units

3 0
3 years ago
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