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sergejj [24]
3 years ago
9

Sophie's credit card has an APR of 19 percent. What is the periodic rate?

Business
1 answer:
In-s [12.5K]3 years ago
3 0

Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period<span>.</span>
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The Don't Bite Me Pest Control Company has 11,900 gallons of insecticide supplies on hand that cost $357,000; a bill from the ve
Nezavi [6.7K]

Answer:

$357,000

Explanation:

The stock of gallons of insecticide would be valued at the lower of cost or net realizable value.

The cost here is $357,000 when compared to net realizable amount of $819,000,the cost is lower,hence the stock of the insecticide would be shown in the balance sheet as an asset,supplies ,in the amount of $357,000

The supplies would an a current asset in the balance sheet,hence when it is used supplies would be credited while supplies expense is debited

6 0
3 years ago
Which factor of production is LEAST likely labeled in the photo?
Natali5045456 [20]

Answer:

Natural resources

Explanation:

Humans should bring an end to all ways of degradation. Cutting down on food waste would only increase the amount of atmospheric carbon dioxide. Alternatively, inspire people to grow more trees in order to maintain nature's harmony. Furthermore, it reduces electricity consumption around the board.

5 0
3 years ago
Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit
OLEGan [10]

Answer:

$7.79

Explanation:

The price level that should be choose in order to maximize the profit is $7.79

As when there is a price fixing that lies between the two rivalrs so if one rivalr select to fix the price it should not be more than the rivalr marginal cost i.e. price and it is more than the price .

here the price fixing is $10 so the price level would be less than the rivalr price and more than the marginal cost

Therefore it is $7.79

7 0
3 years ago
The degree to which someone's personality and values align with the organizational culture of a firm is called
Colt1911 [192]

The degree to which someone's personality and values align with the organizational culture of a firm is called person-organization fit.

<h3>What is person-organization fit?</h3>

Person-organization (PO) fit is defined as the compatibility between people and organizations, which occurs when at least one entity provides what the other requires.

The main idea of person-organization fit is that people experience fit when they adopt goal pursuit strategies or engage in activities in a manner that matches their self with organization's goal.

Hence, the degree to which someone's personality and values align with the organizational culture of a firm is called person-organization fit.

Learn more about person-organization fit here : brainly.com/question/25922351

6 0
2 years ago
Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo
solong [7]

Answer:

The correct solution is "$42.94".

Explanation:

The given values are:

D0 = 4

Ks = 15%

As we know,

⇒ g = (1-Div \ payout \ ratio)\times ROE

      =(1-60 \ percent)\times 13 \ percent

      =5.20 \ percent

By using the Gordon Model, we get

⇒ P0=Do\times \frac{(1+g)}{(Ks-g)}

         =4\times \frac{ (1+5.20 \ percent)}{(15 \ percent-5.20 \ percent)}

         =42.94 ($)

6 0
2 years ago
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