Answer:
$500
Explanation:
Given that,
Value of note receivable = $10,000
Annual interest rate = 10% (all interest is payable (due) at maturity)
Time period:
The amount of interest accrued will be from July 1st to December 31st. Hence, the interest is calculated for the 6 months.
Therefore, the amount of interest revenue that the bank should accrue at the end of December is as follows:
= Principal value of note × Interest rate × Time period
= $10,000 × 10% × (6/12)
= $10,000 × 0.1 × 0.5
= $500
Answer: c. Niche cost leader
Explanation:
Niche marketing is when a company focuses on a particular market or good. It is usually done to become more efficient in that niche such that one can dominate the market and become more profitable.
When Chester focuses on these markets with the aim of reducing costs, they are trying to be a cost leader in this niche which means that they are trying to produce at the least cost so that they can charge cheaper prices and capture more market share in this particular niche.
Answer:
(D) Mining
Explanation:
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner.
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Answer and Explanation:
In the case when the financial states are available so it creates an impact on the wealth of an economy because the price of the financial assets would be represent as a confidence indicator for an economy.
Now if the financial asset price would be high so the confidence would also be high this would develop a positive impact over the economy and vice versa
Also the tradable financial asset would be classfied as a performance comparision.
Answer
An economist engineer suggest that the 21st century has seen rise in number of online market and platforms that offer competition to the traditional ways of trade
Explanation
Let's take a look at eBay, Airbnb and Uber which are all marketing platforms where customers can acquire services and goods with just click of the phone button. Goods and services are currently offered for users provided they have access to internet connection with a good gadget. Economist engineers explain the need to understand the manner these markets are designed with more concern on mathematical models and techniques.
