Answer:
b. 10.426%
Explanation:
Using the attached formula, convert the nominal rate to effective annual rate
<em>m</em> in the formula is the number of compounding periods per year; 12/2 = 6 in this case.
APR is the nominal rate which is 10%.
Next, plug in the numbers to the formula as shown below;
EAR = ![[1+\frac{0.10}{6}]^{6} -1](https://tex.z-dn.net/?f=%5B1%2B%5Cfrac%7B0.10%7D%7B6%7D%5D%5E%7B6%7D%20-1)
EAR = 1.10426-1
EAR = 0.10426 or 10.426% as a percentage
Hence choice B is correct.
According to bestplaces.net, San Francisco is 67.8% more expensive than Boston. This means, if Max is making 132,500 in Boston he would need 132,500*1.678 = 222,335 in San Francisco to maintain the same real wage.
1100 is Accounts Receivable for the company determined that $7,200 in customer accounts was uncollectible; specifically, $1,100 for oakley company and $6,100 for brookes company.
Feb 1 Allowance for Doubtful Accounts 7200
Accounts Receivable - Oakley 1100
Accounts Receivable - Brookes 6100
Jun5 Accounts Receivable - Oakley 1100
Allowance for Doubtful Accounts 1100
Jun 5 Cash 1100
Accounts Receivable - Oakley 1100
Accounts receivable (AR) is the remaining amount owed to a business for goods or services that have been delivered or consumed but have company not yet accounts receivable been paid for by clients. The balance sheet classifies accounts receivable as a current asset. Customers' unpaid debt for goods they made with credit is referred to as AR.
The term "accounts receivable" refers to any unpaid bills or cash that a business is owed by customers. The word refers to accounts that a accounts receivable company is entitled to get as a result of delivering a good or service. Accounts receivable, also known as receivables, are a company type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame.
Learn more about accounts receivable here
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Your answer for the problem would be task variety
your social security number is a 9 diget number issued to u.s citizens, permanent residents ,or temporary working residents under section 205 of the social security act
