Answer:
Note Contract Date Principal Interest Rate Period of Note (Term)
1 March 7 $12,000 5 % 60 days
2. May 21 $18,000 7% 90 days
3. October 26 $ 14,000 4% 45 days
1. Maturity date = 6 May
Interest expenses = $12,000*5%*60/360
Interest expenses = $100
2. Maturity date = 19 August
Interest expenses = $18,000*7%*90/360
Interest expenses = $315
3. Maturity date = 10 December
Interest expenses = $14,000*4%*45/360
Interest expenses = $70
Answer:
An information is missing on this question but I found the complete details as shown below;
"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of
<em>10816</em> (round to the nearest dollar) at the end of each year. (The present value of an annuity of six
annual payments, discounted at 8% equals 4.6229.) "
Explanation:
An annuity payment is made in equal amounts for a specified period of time in this case 6 years.
Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>
<em>=50,000 / </em>4.6229
= 10815.7217
Next, round the answer to the nearest dollar;
When rounded to the nearest whole number it becomes $10,816.
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Answer:
D. The GDP deflator but not the CPI
Explanation:
GDP deflator is a tool used in measuring the changes in prices of goods and services produced in the country. It is measured by dividing nominal GDP with the real GDP. Since the Gun is part of the GDP, hike in prices will affect the GDP deflator.
On the other hand Consumper price index measures changes in prices of basket of goods and services consumed by households. The guns are not been bought by households but rather they are bought by the army in the US. Therefore changes in the price doesn't affect CPI.
Answer:
The correct answer is D
Explanation:
Competition is the term which is described as the rivalry among companies selling the similar products and the services in order to achieve or accomplish the market share growth, revenue and profit.
The competition among the business is a contest or the rivalry among the firms or organization to win the revenue. It is the fundamental force, that benefits or advantage the customers as the firms are under the pressure in order to improve the products and also provide or offer the attractive prices.
Jones & Hilton co. owned a large cold storage warehouse where they stored and processed meat and meat products. an insider revealed to the media that the cold storage failed to meet numerous safety standards, encountered repeated rodent attacks, and sold potentially harmful and infected meat in the market without notifying authorities. the U.S. Department of Agriculture has the authority to conduct inspections of the cold storage warehouse and initiate legal proceedings against the owners for endangering the health of consumers.
