Answer:
17.5%
Explanation:
Effective annual rate is a yearly rate of return which includes the compounding effect. APR is the simple rate of return which is being paid on the principal amount that is being invested.
Formula for Effective Interest rate
EAR = ( 1 + APR/n )^n -1
0.18974 = ( 1 + APR/12 )^12 -1
0.18974 + 1 = ( 1 + APR/12 )^12
1.18974 = ( 1 + APR/12 )^12
(1.18974)1/12 = (( 1 + APR/12 )^12 )1/12
1.0146 = 1 + APR/12
1.0146 - 1 = APR / 12
0.0146 = APR / 12
APR = 0.0146 x 12
APR = 0.175 = 17.5%
Answer:P(x) = -3000
(x) + 57000
Explanation:
Let the demand function be given by p(x)
Let P(x) be the demand for the match at price x
P(x) = a(x) + b
27000 = a(10) + b
33000 = a(8) + b
Solving we get a = -3000 and b = 57000
Thus P(x) = -3000(x) + 57000
Answer:
C) Tangibles
Explanation:
The five variables of service quality are:
-
tangibles
- reliability
- responsiveness
- assurance
- empathy
The tangibles variable basically refers to the physical environment, the facilities, equipment, staff and other communication materials displayed by the store or restaurant.
Answer: Decrease in fixed costs
Explanation:
When using the tax-shield approach, the relevant method of calculating operating cashflow is;
= (Sales - Cash Costs) * (1 - tax rate ) + (Depreciation * tax)
Looking at the formula it can be inferred that if fixed costs (part of cash costs) were to decrease, the cash from sales would be higher and would therefore result in an increased operating cashflow for the company.
