Answer:
The maximum interest rate which the bank needs to offer the loan is 3%
Explanation:
The maximum interest rate which the bank needs to offer the loan is computed as:
Maximum interest rate = Amount received in one year - Amount invested today / Amount invested today
where
Amount received in one year is $6,180
Amount invested today is $6,000
Putting the values above:
Maximum interest rate = ($6,180 - $6,000) / $6,000
= $180 / $6,000
= 3%
So, the maximum interest rate is 3% which is needed to offer by banks
Answer:
Yes and the theory is stereotyping
Explanation:
In a workplace women are subjected to gender stereotyping.
Stereotyping is when there is a wrong belief or idea about people based on they look on the outside.
Most times this is a wrong belief or partially true. It is a form of prejudice because how the person is on the outside is not a true definition of who they are.
In this scenario women are made to feel they were not on the same level as male counterparts during promotions, hiring, and payment.
This prejudice was explained by home Depot to be based on experience. They said most women had experience as cashiers so the could only fill roles like cashier, customer care, and clerk
Answer:
Option B, an overstatement of net income, is the right answer.
Explanation:
Option “B” is correct because when the prepaid expenses occur then it is recorded in the balance sheet on the asset side and the cash will be reduced by the same amount. However, if the prepaid expenses have not been adjusted then it will show the overstatement of net income because cash has been gone so actual cash will be lower than the recoded cash. Thus, option B is right.
