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nadezda [96]
3 years ago
8

Consider the following investment​ alternatives:

Business
1 answer:
MrRa [10]3 years ago
4 0

Answer:

Lowest effective interest rate

A 6.858%

B 6.883%

C 6.908%

D 6.933%

Explanation:

Effective rate is the rate of interest that actually earned or paid on any investment or on a loan. It also measure the compounding effect on the investment.

r = (1 + i/n)^n - 1

A

6.858​% Annual

r = 6.858​%

B

6.6571​% Daily

Assuming 365 days

r = (1 + 6.6571%/365)^365 - 1 = 6.883%

C

6.7359​% Quarterly

r = (1 + 6.7359%/4)^4 - 1 = 6.908%

D

6.722​% Monthly

r = (1 + 6.722%/12)^12 - 1 = 6.933%

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An owner of a landscaping business received extra income in the previous month. She is considering either buying a new lawnmower
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Answer:

The opportunity cost will be Buying a new lawnmower

Explanation:

Opportunity cost refers to the cost of a forgone alternative. In this scenario, since the owner of a landscaping business has decided to spend the extra income on advertising campaign in order to increase sales, the forgone alternative here becomes buying a new lawnmower.

6 0
4 years ago
Example(s) of obstacles to internationalization can be:_________
Flura [38]

Obstacles to internationalization can be<u> </u><u>a. financial</u><u> and </u><u>psychological</u><u>.</u>

Financial usually refers to money matters or transactions of some size or importance: a financial wizard. fiscal is used especially in connection with government budget, or those of any corporation: the top of the fiscal yr. monetary relates especially to cash as such: a monetary system or standard.

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2 years ago
In what kind of economy does the government decide on production and consumption?
777dan777 [17]
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4 0
3 years ago
The journal entry to record the purchase of equipment for a $140 cash down payment and a balance of $480 due in 30 days would in
Tju [1.3M]

Answer:

Option C. A debit to Equipment for $620, a credit to Cash for $140, and a credit to Accounts Payable for $480.

Explanation:

The reason is that the equipment has been acquired by the business which is worth $620 and this means that the equipment which is asset in nature must be increased by it fair value which is $620. The purchase of equipment requires the payment of $140 at the spot which means that the cash asset will be reduced by $140 and the remainder $480 will be paid in future which means that the current liabilities will be increased by $480.

Increase in Equipment (fixed asset) is debited by $620.

Decrease in Cash (asset) is credited with $140.

Increase in current liability is always credited and in this case must be credited with $480.

Journal entry in nutshell is as under:

Dr Equipment $620

Cr Cash Account          $140

Cr Accounts Payables  $480

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3 years ago
1. The Incident Command System (ICS) is only applicable to large, complex incidents.
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8 0
4 years ago
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