The answer to this problem would be c :))
Answer:
$45
Explanation:
The total interest due on note can be calculated by multiplying the Value of note with interest rate for required days. The formula for interest should be
Total Interest due = Value of Note x Interest Rate x 90/360
DATA
Value of note = $3,600
Interest rate = 5%
Number of days = 90
Total days n a year = 360
Solution
Total interest due = 3,600 x 5% x 90/360
Total interest due = $45
Answer:
Donna Pierce
The unpaid balance is:
= $4,243.60.
Explanation:
a) Data and Calculations:
Cash discount on any amount paid within 10 days of the invoice = 2.5%
Sales value of Fabrics bought on January 28 by a client = $14,500
Check made by the client on February 1 = $10,000
Total amount paid through the check = $10,000/100-2.5%
= $10,000/0.975 = $10,256.40
Amount unpaid = $4,243.60 ($14,500 - $10,256.40)
Check:
2.5% discount on $10,256.40 = $256.40 ($10,256.40 * 2.5%)
Capital expenditures are situation to Capital Rationing.
Capital rationing is the act of putting restrictions on the variety of recent investments or projects undertaken through an organization. that is done via enforcing a better cost of capital for funding attention or by way of putting a ceiling on specific quantities of finances.
Capital rationing is a method utilized by businesses or traders to restrict the number of initiatives they tackle at a time. If there may be a pool of to-be-had investments that might be all expected to be worthwhile, capital rationing enables the investor or commercial enterprise owner to pick the maximum profitable ones to pursue.
Single-period capital rationing takes place while there is a shortage of finances for one length only. Multi-period capital rationing is where there may be a scarcity of budget in a couple of periods.
Capital Rationing approach: together with net present price (NPV), inner price of going back (IRR), and Profitability Index (PI) Rank them based on diverse criteria, viz. NPV, IRR, and Profitability Index.
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In the United States, because worker membership in labor unions has been <u>declining </u>union impact has been decreasing in the labor market.
Unions reduce salary inequality because they increase wages greater for low- and center-salary people than for better-wage people, extra for blue-collar than for white-collar employees, and extra for workers who do now not have a university diploma. Strong unions set a pay fashionable that employment growth follows.
We discover that unions adversely have an effect on unemployment rates and the boom fees of gross state product (GSP), productivity, and the populace at the same time as increasing the rate of salary inflation.
The impact of the employment growth charge is bad however not tremendous.
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