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2 years ago

What is the APR on a loan with an effective annual rate of 15.26% and weekly compounding of interest?

Business

1 answer:

Anton [14]2 years ago

8 0

Answer:

14.22%

Explanation:

Assuming 52 weeks in a year

$(1+.1526)=(1+i)^{52}\\i=.002734892\\.002734892*52=.142214377$

Which rounds to about

14.22%

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Rottino Company purchased a new machine on October 1, 2015, at a cost of $150,000. The company estimated that the machine will h

bixtya [17]

Answer:

A 6,900

B 23,460

C 15,000 first year

52,000 second year

Explanation:

Straight line:

(cost - salvage)/ useful life = dpe expense for a complete year

(150,000 - 12,000) / 5 = 27,600

Then 27,600 x 3/12 = 6,900 depreciation for 2015

Units of activity:

(cost - salvage)/ activity rate = dpe expense

(150,000 - 12,000) / 10,000 = 13.8 depreciaiton per hour

Then 1,700 x 13.8 = 23,460

Double declining:

2/useful life = depreciation rate

2/5 = 40%

150,000 x 40% x 3/12 = 15,000

carrying value 150,000 - 15,000 = 135,000

130,000 x 40% = 52,000 second year

6 0

3 years ago

The following transactions occurred during July: received $900 cash for services provided to a customer during July. Issued comm

antiseptic1488 [7]

Answer:

revenue for july 1,275

Explanation:

We only have to compute the services performed in July

900 cash services july

375 credit services july

1,275

The received from sales in junes doesn't count.

Also doesn't count the advance payment for services at next year

8 0

3 years ago

Under mechanism of scientific management scientific task setting include?

RSB [31]

Answer:

All of the above
Explanation:

Time study

Motion study

Method study

All of the above

5 0

2 years ago

Wayne Rogers Corp. maintains its financial records on the cash basis of accounting. Interested in securing a long-term loan from

kiruha [24]

Answer:

Kindly check attached picture

Explanation:

Given the following :

2013 2014 2015

Cash receipts from sales:

On 2013 sales 293,430 166,990 39,820

On 2014 sales 361,040 94,750

On 2015 sales 409,660

Cash payments for expenses:

On 2013 expenses 191,910 68,8703 4,880

On 2014 expenses 45,320 a176,560 55,130

On 2015 expenses 47,250 b222,210

Kindly check attached picture for detailed explanation

3 0

3 years ago

Widgets Inc. is a vendor who supplies machine parts to an appliance manufacturing company. In return, Widgets Inc. relies on the

WARRIOR [948]

Answer:

external stakeholder

Explanation:

External Stakeholders are the individuals or the groups of the individuals who are outside a particular project or business, but they can affect or they can be affected by the project or business.

In the case case study, Widgets Inc. acts as a vendor for the appliance manufacturing company by supplying machine parts. Widgets Inc. is outside the appliance manufacturing company but is affected by the company as its revenue depends on the appliance manufacturing company. Thus, Widgets Inc. is an external stakeholder for appliance manufacturing company.

4 0

3 years ago