1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pachacha [2.7K]
4 years ago
9

If the lease factor is given as 0.00065, what interest rate is that equivalent to?

Business
1 answer:
mariarad [96]4 years ago
5 0
As a handy tip, we were told that in order to convert the lease factor of a certain amount or transaction to interest rate, we just have to multiply the value by 2, 400. 
                     interest rate = (0.00065)(2400) = 1.56%
Thus, the answer for this item is 1.56%. 
You might be interested in
Elise Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%. Fixed costs total $400,000 and
Aneli [31]

Answer:

800 units of product A must be sold for break-even

Explanation:

Given, weighted-average contribution is $100.

Total break-even units = Total fixed cost  / Weighted-average contribution

Total break-even units = $400,000  / $100

Total break-even units = 4,000 units

Product A break-even = 4,000 x 20%

Product A break-even = (800 units)

Hence, the correct answer is 800 units.

6 0
3 years ago
The QuickBooks Online ecosystem gives you and your clients access to a wide range of (1.)__________ to help (2.)___________ thei
Debora [2.8K]

Answer:

Apps,streamline

Explanation:

The QuickBooks EcoSystem can be regarded as a quick box software along with different apps that has connection with it. It brings about good functionality in Businesses, through QuickBooks EcoSystem, accountant of a company can easily connect with different apps that allows to manage client and improve productivity. It should be noted QuickBooks Online ecosystem gives you and your clients access to a wide range of apps to help streamline their business and increase efficiencies.

8 0
3 years ago
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below tha
Rzqust [24]
Short position (I think you were supposed to add answers)
8 0
3 years ago
The amount of the check is written in how many places?
Evgen [1.6K]
2

In numerical form on the left and written out on amount line
4 0
4 years ago
Read 2 more answers
Brunette Company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $180,000. Th
diamong [38]

Answer:

No,  as the net present value comes in negative

Explanation:

As we know that

Net present value = Present value of cash inflows - Initial investment

where,

Present value os $163,000

And, the initial investment is $180,000

Now placing these values to the above formula

So, the net present value is

= $163,000 - $180,000

= -$17,000

Therefore the company should not accept the project as net present value is in negative that is -$17,000

6 0
3 years ago
Other questions:
  • If an economist argues that everyone gains from trade, what reasoning is most likely underlying her argument?
    15·1 answer
  • Which of the following terms refers to the process of converting a not-for-profit stock exchange owned by its members to a for-p
    5·1 answer
  • Which accurately describes full-service brokers?
    12·1 answer
  • Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it
    8·1 answer
  • The state of Indiana hires the Reliable Construction Company to do some excavating work on an interstate highway. The state lays
    12·1 answer
  • Which of these is a renewable marine resource that could be utilized to produce electricity?
    12·1 answer
  • Singh, a member of Trucking LLC, ceases to be associated in the carrying on of the business of the firm. Despite the dissociatio
    11·1 answer
  • Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase
    8·1 answer
  • If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200,
    9·1 answer
  • _______ is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!