When and why did McDonald's expand its business to Australia

Assume the $19,500 Treasury bill, 4% for 15 weeks. Calculate the effective rate of interest.

Svet_ta [14]

The effective interest rate is calculated through the equation,
ieff = (1 + i/r)^r - 1
where ieff is the effective interest, i is the nominal interest, and r is the number of 15 weeks in a year. Every year, there are 52 weeks. Thus, there are 3.467 15-weeks approximately. Substituting this into the equation,
ieff = (1 + 0.04/3.467)^3.467 - 1
ieff = 0.04057
ieff = 4.057%

6 0

2 years ago

dar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales o

Neporo4naja [7]

Answer:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

Explanation:

Given:

Unit selling price = $ 47

Variable cost = $ 24

Total monthly fixed cost = $ 124,000

Number of units sold = 8,000

CVP income statement for Cedar Grove Industries for the month of May is as:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

here, the amount is for the total unit i.e 8000 units multiplied by the unit cost

8 0

3 years ago

Division of labor and specialization

butalik [34]

Answer:

B-Enables workers to learn a variety of skolls

Explanation:

6 0

2 years ago

A fifteen-year adjustable-rate mortgage of $117,134.80 is being repaid with monthly payments of $988.45 based upon a nominal int

Sedbober [7]

Answer:

Using an excel spreadsheet I prepared an amortization schedule. For the 61st payment, the interest rate is increased from 0.5% to 0.625% monthly.

(a) Calculate the loan balance immediately after the 84th payment.

$77,884.78

(b) Calculate the amount of interest in the 84th payment.

$489.90

(c) Calculate the amount of the balloon payment.

$12,168.43

As you can see, the interest amount for the 61st payment increases, while it had been decreasing previously.

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3 0

3 years ago

Management moving production or other parts of the company's value chain to countries where wages are lower is an example of ___

noname [10]

Management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

<h3>What are cost drivers in business?</h3>

The cost drivers can be defined to be the direct cause of the expenses that may occur in a business. These are the activities that may cause a cost to happen in the business. For instance this could be the amount of water that is used monthly in a given area.

Hence we can say that management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

Read more on cost drivers here: brainly.com/question/14904453

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5 0

1 year ago

When and why did McDonald's expand its business to Australia​

When and why did McDonald's expand its business to Australia