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Nuetrik [128]
3 years ago
12

A loan of $20,000 with interest at 6.5% compounded annually is to be repaid by equal payments at the end of each year for five y

ears. What is the periodic rate of interest?
0.0065

None

6.5%

1.065
Business
1 answer:
Zielflug [23.3K]3 years ago
6 0
First option I think
You might be interested in
Wisteria Co. produces snowboards and uses a standard cost system. Variable overhead is applied using direct labor hours. Standar
Ket [755]

Answer:

Variable overhead rate variance = $2,870 favorable

Explanation:

Variable overhead rate variance is the difference between the standard cost allowed for variable production overhead and the actual variable cost incurred.

This computed as follows:

                                                                                    $

17,130 hours should have cost ( 17,130 ×7.20)      123336

but did cost                                                            <u>120,466</u>

Variable overhead rate variance                           <u>  2870 </u> Favorable

Variable overhead rate variance = $2,870              

6 0
3 years ago
In 2016, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
Aleksandr-060686 [28]

Answer:

1500

Explanation:

Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost.

The formula for calculating break even points = F / (P - V)

F = fixed cost

P = price

V = variable cost per unit

$270,000 / ($600 - $420) = 1500

I hope my answer helps you

6 0
3 years ago
results when situations such as the nature of the job, supervisors and co-workers, pay levels, or the employee's own disposition
adoni [48]

Answer:

Job withdrawal

Explanation:

Job withdrawal can be said to be the behavior individuals show in aspects of their work while maintaining their positions at work. These behaviours are as a result of dissatisfaction with the job as a result of factors such as nature of job, co worker and superiors' interaction, salary or wage levels, etc. It sometimes could be as a result of the employee's attitude to his/her work.

I hope this helps.

3 0
3 years ago
Ad man Rosser Reeves believed that firms should develop a USP for each brand and stick to it. What does USP stand for?
Kazeer [188]

Answer: d. unique selling proposition

Explanation:

A unique selling proposition is a unique benefit exhibited by product or brand that makes it unique or different from other brands or products.

6 0
3 years ago
Why are publicly traded corporations required to release financial reports on a regular basis?
sergiy2304 [10]

The correct answer is A.

In a corporation the shareholders are the owners. They are required to release the financial reports because they are entitled to transparency and need them in order to base their investment decisions on their contents.

7 0
3 years ago
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