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KIM [24]
4 years ago
10

If you are selecting between the best investment from two or more investments, the best choice is the account with the greatest

_____, which is the ____ interest rate that produces the same amount of money at the end of one year as when the account is subject to compound interest at a stated rate
effective annual yield, simple
Business
1 answer:
LekaFEV [45]4 years ago
8 0

Answer:

The investment with greatest Effective Annual Yield will be selected because this effective annual yield is also known as Effective Interest Rate.

Explanation:

The effective annual yield is the annual return that we will earn. If the interest we are paid on deposit of $100 in bank account is $10 after a 365 days then the effective interest rate is 10% ($10/$100). So saying effective annual yield or effective interest rate is the same. In investment apraisal, we calculate effective interest rate to opt investments that has greatest effective annual yield.

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A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $240,000. The nu
matrenka [14]

Answer:

a. 120,000 units

Explanation:

The formula to compute the break even point is shown below:

= (Total fixed cost) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $5 - $3

= $2 per unit

And, the total fixed cost is $240,000

So, the break even point in units is

= $240,000 ÷ $2 per unit

= 120,000 units

3 0
3 years ago
Question 3: what is the total period cost for the month under variable costing?
lesantik [10]

beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.

underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.

General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.

length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.

Learn more about variable costing here: brainly.com/question/6337340

#SPJ4

5 0
2 years ago
At Infosoft Solutions, employees are encouraged to take care of their problems by working with one another and with customers, u
likoan [24]

Answer: Decentralized

Explanation: In a decentralized organisation, the seniors in the organisation transfers the authority and responsibility to their subordinates.

This is done by the seniors with the objective of effective running of operations within. The employees in such organisations usually remain more motivated than others.

In the given case, Infososft is encouraging their employees to take their own decisions while dealing with customers. Hence the transfer of authority for decision making is evident.

From the above we can conclude that the correct option is A.

6 0
4 years ago
1) Do you think there is/are any action(s) by Jessops Group Limited, that can be considered as a Corporate Social Responsibility
irina [24]

Answer:

<h2>Yes</h2>

Explanation:

Yes, Jessops  is fulfilling its corporate social responsibility due to its contribution to the local councils for developing the collection facilities of discarded electronic goods and also by raising awareness for WEEE regulations, setting up plants to recycle used batteries can also be counted as a corporate social responsibility as it is an initiative to reduce environmental pollution caused by batteries.  

There are four types of corporate social responsibility: Environment conservation, philanthropy, volunteerism, diversity and labor practices. Many corporations give money for preservation of wildlife and land, and take up environmental clean up efforts.  

CSR helps the companies in many ways. It includes brand recognition and business reputation, it gives competitive edge to a company as companies prefer suppliers with responsible policies. It enhances customer loyalty and increases sales, it saves operational cost by reducing emissions and waste.

The CSR efforts helps the companies to attract talent and retain them as employees are motivated to work with companies taking up CSR initiatives.

CSR efforts also improves relations with the authorities and makes it easy to get financial access.

So, Jessop group will also get all these benefits from its CSR initiatives that will help it to  become market leader in imaging industry.

7 0
3 years ago
Barney takes his wife Betty to a Porsche dealership and tells her to pick out whichever car she wants as a birthday present. She
amid [387]

Answer:

The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.

Explanation:

8 0
3 years ago
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