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mylen [45]
3 years ago
11

(13 points) APY is a(n) ____.

Business
1 answer:
diamong [38]3 years ago
5 0

Answer:

C. interest rate advertised by lenders

Explanation:

APY stands for  Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.

The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.

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While industry forces have been favorable for a long time in the U.S. automotive industry, recent dynamics have lowered the prof
Papessa [141]

Answer:

The company should innovates its portfolio, and marketing policies.

Explanation:

4 0
3 years ago
Read 2 more answers
Brief Exercise 229 On January 1, the Biddle & Biddle, CPAs received a $7,500 cash retainer for accounting services to be pro
Gnoma [55]

Answer:

                                                   Debit                  Credit

Unearned revenue                    $2,500

($7,500/3)

Revenue                                                                $2,500

Explanation:

The following adjusting entry shall be recorded in the accounts of the Biddle and Biddle, on January 31, in respect of revenue earned by it from accounting services:

                                                   Debit                  Credit

Unearned revenue                    $2,500

($7,500/3)

Revenue                                                                $2,500

5 0
4 years ago
In a franchise business, the party paying the franchise fee is known as the a. franchisee.b. franchisor.c. entrepreneur.d. busin
Scilla [17]

Answer:

a. franchisee

Explanation:

Franchisee -

A franchises referred to a small business , and is very common method of doing any business .

The owner of the business i.e. , franchises , is referred to as the franchisee .

The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .

They are responsible to pay the franchise fee.

Hence , from the given statement of the question,

The correct option is a. franchisee .

8 0
3 years ago
Klaus toys just paid its annual dividend of $1.40. the required return is 16 percent and the dividend growth rate is 2 percent.
Marina86 [1]

The expected value (EV) is a probable value for a given investment. By calculating expected values, investors can decide the scenario most likely to give them their preferred result.<span>
<span>
Formula for expected value is:</span></span>

Expected value = stock return’s annual dividend divided by (required return – dividend growth rate)

P₅= [$1.40×(1 + 0.02)₆<span>]/(0.16 - 0.02) = $11.26</span>

The answer is $11.26

7 0
4 years ago
Serena just finished making a buyer presentation to Mark and Debbie Calhoun. Now that they understand the difference between bei
Yanka [14]

Answer:

Notifying Serena of any material changes

Explanation:

With Serena now serving as their (Mark and debbie Calhoun) agents, it is paramount that Serena (the agent) be notified about any material changes made by the buyers. The buying agents (in this case Serena) is an individual or organization that is responsible for purchasing goods or property on behalf of another person. They are usually license professionals who search and undergo the purchasing procedure of products that their clients is interested in owning.

8 0
4 years ago
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