Answer:
d. $1,200
Explanation:
The computation of the interest expense is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $80,000× 6% × (90 days ÷ 360 days)
= $1,200
We simply apply the simple interest formula
Since the number of days and the total number of days are given so we considered the same for the computation part.
When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.
Target return Objective-
The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.
The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.
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Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
total cash pay is $200850
Explanation:
given data
Bakery signed P = $195000
rate R = 6 %
time T = 6 month
to find out
cash amount will be needed to pay back with interest
solution
we find first interest for 6 month that is 6/12 year
so interest = P×R×T
interest = 195000×0.06×6/12
interest = $5850
so total amount pay = Principal + Interest
total amount pay =195000 + 5850
total cash pay = $200850
Answer:
price equals minimum average total cost
Explanation:
As we know that in the short run, the firms earns the economic profit but in the long run when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less
So this represents that price is equivalent to the average total cost
Hence, the last option is correct
