The rate of interest that Khalil Hamid Ali paid for borrowing $12,000 and paying $1,890 as interest expense for 1.5 years is <em>10.5%.</em>
Data and Calculations:
Amount borrowed = $12,000
Interest paid = $1,890
Time period = 1.5 years
Rate of interest = 10.5% ($1,890/$12,000 x 1/1.5)
Thus, the rate of interest that Khalil Hamid Ali paid for borrowing $12,000 and paying $1,890 as interest expense for 1.5 years is <em>10.5%.</em>
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The greatest justification for firm resources being committed to vertical integration (either forward or backward) is to add considerably to a company's technological capabilities, strengthen the company's competitive position, and/or increase its profitability.
A family of financial indicators known as profitability ratios is used to evaluate a company's potential to create profits over time in relation to its revenue, operational expenses, balance sheet assets, or shareholders' equity using information from a particular point in time. Efficiency ratios, which take into account how successfully a company uses its resources internally to generate income, can be contrasted to profitability ratios (as opposed to after-cost profits). Most profitability ratios show the company's performance by showing a higher value as compared to that of a competitor or to the same ratio from a prior period. The most insightful comparisons of profitability ratios are those made with comparable businesses, the company's own past, or industry averages.
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Answer:
See below
Explanation:
Given that;
Price per unit = $20
Direct labor cost = $2
Direct material cost = $5
Overhead cost = $1
Fixed overhead allocation= $5 per direct labor cost = $5 × $2 = $10
Total expenses = $2 + $5 + $1 + $10 = $18
Therefore , profit margin
= Price per unit - Total expenses
= $20 - $18
= $2
Answer:
That statement is true.
Explanation:
Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.
Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter. This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.
Answer:
Explanation:
Satisfiers are positive factors which influence work behavior. They are often addressed as "motivation givers"
List of satisfiers includes
Recognition
Promotion
Growth
Self growth
Achievements
Dissatisfiers on the other hand, are the negative factors that influence work behavior. They are called "hygene factors". Basically, they do not provide satisfaction.
Examples of dissatisfiers include
Company policies which frustrate employees
Working in unfavourable conditions
Poor salary
Not placing value on the employees
Too many bureaucracy.
Eliminating dissatisfiers brings decorum to a financial institution. It makes the institution utopian, so to say
