<span>The interest expense is $3,850.52. 12% annual interest is equivalent to a daily interest rate of 0.0328767123% in 2018, a 365 day year, and with 61 days between November 1 and December 31 the amount calculated is (0.0328767123/100)*61*192000 which is equal to 3,850.52.</span>
Answer:
<u>4375</u> pizzas have to sell to breakeven.
Explanation:
Given:
If we sell pizzas for $11.99 and our business' variable costs are 60% of the selling price, and we have fixed costs of $21,000 each month.
Now, to find pizzas to sell to breakeven.
Fixed costs = $21,000.
Sale price = $11.99.
Variable costs:
60% of the selling price.

Now, to get the number of pizzas to sell to breakeven we put formula:
<u><em>Breakeven = Fixed Costs ÷ (Sale price – Variable costs ) </em></u>



Therefore, 4375 pizzas have to sell to breakeven.
Answer:
C. Under-capitalized
Explanation:
Tier Capital/Risk-weighted assets = (90 million + 70 million)/2,017.6 million
= 7.93%;
Tier 1 Capital /Risk-weighted assets = 90 million /2,017.6 million
= 4.46%;
Tier Capital/Total assets= (90 million + 70 million)/2,522 million
= 6.34%.
The first ratio puts the bank in the undercapitalized zone.
<span>You have 20 days to file a motion to request a hearing for a violation of the TABC. If the motion is denied, the permitee then has 30 days to file an appeal. The District Court then has 10 days to set the date for the hearing for the appeal.</span>