Answer:
Option B ⇒ The annual interest rate on Note A is 9.35% .
Explanation:
Note B has an accrued interest for six months during 2013: $220,000 x .08 x 6/12 = $8,800.
The remainder of the accrued interest, $7,200 ($16,000 - $8,800) was from Note A, which was held for seven months in 2013.
Therefore, we have the following: $132,000 x annual interest rate x 7/12 = $7,200.
Thus, the annual interest rate on Note A would be ($7,200/132,000) x 12/7 = 9.35%.
Option B ⇒ 9.35% is the correct answer.
Answer:
quality when quality cannot be easily judged
Explanation:
Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.
Deciding how to make the best use of limited resources to satisfy virtually unlimited wants is known in economics as economizing behavior.
<h3>What is Economics?</h3>
Economics is a social science that examines the decisions that people, businesses, governments, and nations make regarding the distribution and consumption of products and services.
Economics is the study of how individuals divide up finite resources between individual and group uses for production, distribution, and consumption.
Economics has two subfields: macroeconomics and microeconomics. Efficiency in exchange and production is the main focus of economics. Both the Consumer Price Index (CPI) and the Gross Domestic Product (GDP) are frequently used economic statistics.
To spot prospective trends or predict the future of the economy, economists use economic indicators like the GDP and the consumer price index.
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As Andre Marinus de Ruyter is one of the directors of the public utility company, he will be able to make informed decisions for business process.
<h3>Who is Andre Marinus de Ruyter?</h3>
He is Chief Executive Officer & Director at the Eskom Holdings SOC Ltd which is a South African electricity public utility that was initially established in 1923 as the Electricity Supply Commission.
In an organization, an informed decisions refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, as Andre Marinus de Ruyter is one of the directors of the public utility company, he will be able to make informed decisions for business process.
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