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Andreyy89
3 years ago
9

Caars Inc. issued a 120-day note in the amount of $360,000 on November 1, 2016 with an annual rate of 6%. What amount of interes

t has accrued as of December 31, 2016
Business
1 answer:
Arte-miy333 [17]3 years ago
3 0

Answer:

The amount of interest accrued as of December 31, 2016 is $10,980.

Explanation:

On December 31, two months interest is accrued and this is equivalent to 61 days (30 days for November and 31 days for December).

Calculation of Interest accrued is as follows ;

Interest accrued =  $360,000 × 6% × 61/120

                           =   $10,980

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Many gas stations with convenience stores sell gas at, or close to, cost. In these organizations, profit comes from the convenie
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3 years ago
WILL MARK BRAILIEST AND ONLY ANSWER IF YOU KNOW
Karolina [17]

Okay i'm trying to find the rest of the answers but heres most of them:

1. Approximately how many people watch the March Madness tournament? Approximately 140 million people watch march madness.

2. March Madness is second to only one other sporting event? What is it? March Madness is second to only the Super Bowl.

3. What percentage of the NCAA's revenue comes from men's basketball? How is this revenue generated? NCAA generated a revenue around 90%.

4. How did Nike first gain brand exposure through men's basketball? Explain. Vaccaro, the Chief among the NCAA’s critics, Had Nike give the players free shoes to wearing during games. After that happened teams started to become sponsored by Nike.

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You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50
astra-53 [7]

Answer:

If sales fall by 20% AFC raises 38 cents per paper, i.e. a 25% increase in AFC.

Explanation:

To find the average fixed cost (AFC), we have to sum all fixed costs and divide it by the amount of units produced. Fixed costs are those that don't depend on how much is produced, in this case, rental and labor cost don't depend on output, as you can neither move to a cheaper place nor decrease labor obligations even if the factory had no output (newspapers printed).

AFC=\frac{\mbox{Fixed costs}}{\mbox{Printed papers}} \\\\AFC_{\mbox{original sales}} =\frac{\$1500000}{1000000 papers}=1.5\frac{\$}{paper} \\\\AFC_{\mbox{original sales}} =\frac{\$1500000}{800000 papers}=1.875 \frac{\$}{paper}

\mbox{Porcentual difference}=\frac{\mbox{difference between AFC}}{\mbox{original AFC}} \\\\\mbox{Porcentual difference}=\frac{1.875-1.50}{1.50}*100=\frac{0.375}{1.5} *100=25\%

We can see that as the output reduced, AFC rose 38 cents per paper or a 25% increase in AFC.

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3 years ago
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