Answer:
1.60 percent
Explanation:
exact real rate of return on this investment = interest rate - inflation rate
total revenue gotten by Christina = ( 500 × $ 64.25) + $ 738 = $ 32863
total money invested = 500 × $ 62.30 = $ 31150
her profit = $ 32863 - $ 31150 = $ 1713
interest = $ 1713 / $ 31150 = 0.054992 × 100 = 5.4992 %
exact interest rate = 5.4992 % - 3.9% = 1.5992 approx 1.60 percent
Answer:
1,065 U
Explanation:
Materials Price Variance = Actual Quantity Purchased * (Standard Price – Actual Price)Actual Price= Total Cost / Quantity Purchased
= ($27,690 /21,300 )=$ 1.3
=21,300* [$1.25 – $1.3]
=21,300*0.05
=1,065 U
During May, the materials price variance for part XBEZ52 was 1,065 which is Unfavourable because the actual
purchase price is higher than standard.
Answer;////// An Individual who undertakes the creation, organization,and ownership of an innovative business with the potential for growth///One who draws upon his or her skills and initiative to launch a new business venture with the aim of making a profit, Often a risk-taker, inclined to see opportunity when others do not.................................Good luck
Answer:
a commercial bank
Explanation:
A commercial bank is a deposit accepting institutions regulated by the central bank of a country. The banks play a crucial role in availing capital to businesses. They accept deposits in the form of savings from customers. They keep a small fraction(reserves) in their custody to cater for withdrawal and loan out the rest. Banks, therefore, pool resources together for businesses and households to borrow.
Since banks have a wide customer base, they are able to mobilize huge amounts of resources to loan out. Commercial banks are the best institution to issue a loan to Glenn and Maggie. Saving and loan, credit unions have a limited membership and may not have sufficient resources to issue a loan to Glenn and Maggie.
