The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).
<h3>What is Finance?</h3>
Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.
Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.
Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).
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Answer:
conceptual decision making
Explanation:
In simple words, Conceptual type decision-making identifies individuals who appreciate the uncertainty with open-ended choices and are inspired to have an influence on the environment. If you're a visionary type decision-maker, you ’re supposed to have day-dreams sometimes and easily come up with fresh suggestions when necessary.
Thus, from the above we can conclude that Jane is using conceptual decision making.
Answer:
5,000 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $35 - $25
= $10
And, the fixed cost is $50,000
Now put these values to the above formula
So, the value would equal to
= ($50,000) ÷ ($10)
= 5,000 units
Answer:
A.Venus
Explanation:
bc its the closest to the sun
The cash proceeds the company will receive when the bonds mature equal $46866.
When bonds are redeemed at maturity, they are always redeemed at face value since by then any bond discount or the premium would have become zero, plus the last interest payment.
Cash proceeds = Maturity amount + interset
= $46,000 + ($46,000 x 7% x 1/2) assuming semi-annual interest payments
= $46,000 + $1,365 = $47,365
Cash proceeds = Maturity amount + interset
= $43,800 + ($43,800 x 7%) assuming annual interest payments
= $43800 + $3066 = $46866
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