<span>For the answer to the question above, the $25,000 due in 90 days.
I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56
Solve for r: 616.44 = 24383.56*r*(90/365)
r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded off the </span></span>24383.56
Common stock
If a corporation has only one class of stock, it is referred to as Common stock.
<h3>What is a common stock?</h3>
- A security that symbolizes ownership in a firm is called common stock.
- Common stock owners choose the board of directors and cast ballots for corporate rules.
- Long-term rates of return are often higher with this type of stock ownership.
<h3>What is the name of common stock?</h3>
ordinary share
- The ownership of equity in a firm is represented by common stock, a category of securities.
- There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."
<h3>The benefits of common stock</h3>
- More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
- Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.
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Answer:
0
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good B to changes in price of good A.
The increase in price of product A has no effect on the quantity demanded of product B. Therefore, the cross price elasticitiy is zero.
I hope my answer helps you
The correct answer is the bystander effect .The bystander effect is when there are so many people around each individual doesn't feel the need to help because there are many others around to do so. Diffusion of responsibility explains this phenomenon.
Answer:
Material price variance = $25,000 Unfavorable
Explanation:
<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite </em>
$
200,000 pounds should have cost (200,000× $4.50)= 900,000
but did cost <u>925,000</u>
Material price variance <u> 25,000</u>Unfavorable
Material price variance = $25,000 Unfavorable
