Answer:
B. 11%
Explanation:
Recall that
Dollar return on euros = Euro interest rate + [(current exchange rate per euro - initial exchange rate per euro) ÷ initial exchange rate per euro]
Given that
Euro interest rate = 0.05 or 5%
Initial exchange rate = 1.10
Current exchange rate = 1.165
Therefore
Dollar return on Euros = 0.05 + [(1.165 - 1.10) ÷ 1.10]
= 0.05 + [0.065 ÷ 1.10]
= 0.05 + 0.059
= 0.109
OR
= 10.9 %
= 11%
false pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs
<h3>What is
efficient?</h3>
Efficiency is the ability to avoid wasting materials, energy, efforts, money, and time while doing something or producing a desired result. In a broader sense, it is the ability to do things well, successfully, and efficiently.
The work efficiency formula is efficiency = output / input, and the result can be multiplied by 100 to calculate work efficiency as a percentage. This is used in a variety of energy and work measurement methods, such as energy production and machine efficiency.
Business efficiency refers to how much a company or organization can produce given the time, money, and resources available.
To know more about efficient follow the link:
brainly.com/question/26152499
#SPJ4
Answer:
C.$5,000.
Explanation:
November 1, 2013
Amount of Loan = $500,000
As the Interest is payable at maturity, at December 31, 2013 only one month of interest expense is accrued, which is not paid, Following Journal entry will be passed tor record the interest expense.
Dr. Interest Expense $2,500
Cr. Interest Payable on Note $2,500
Interest Expense = $500,000 x 6% x 2/12 = $5,000
