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Hatshy [7]
3 years ago
15

Bank A offers to lend you money at 10 percent compounded monthly, Bank B at 11 percent compounded quarterly, and Bank C at 12 pe

rcent compounded annually. Calculate the effective rates and state which bank offers the lowest cost of borrowed capital.
Business
1 answer:
ahrayia [7]3 years ago
8 0

Answer and Explanation:

The computation is given below:

For Bank A,

Effective annual rate is

= (1 + 0.10 ÷ 12)^12 - 1

= 10.47%

For Bank B,

Effective annual rate is

= (1 + 0.11 ÷ 4)^4 - 1

= 11.46%

And,

For Bank C,

Effective annual rate = 12%

Therefore, Bank A is best to borrow at lowest effective annual rate

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Before the development of new fracking​ technology, the opportunity cost of producing oil in the United States was​ _______ the
ser-zykov [4K]

Answer:

greater​ than; less than

Explanation:

Before the development of new fracking​ technology, the opportunity cost of producing oil in the United States was​ greater​ than the world market price. After the development of new fracking​ technology, the opportunity cost of producing oil in the United States is​ less than the world market price.

7 0
3 years ago
What packaging strategy is often employed by store brands? a. sub-brand packaging b. copycat packaging c. cobranding packaging d
9966 [12]

Licensed packaging, strategy is often employed by store brands.

For good reason, licensed properties are frequently used on packaging. Licensing may give brands publicity, access to new markets or areas, increased revenue, and more. However, there may also be modest to significant drawbacks.

Renée Whitworth, a strategic partner at the design firm Flood Creative in New York, spoke with BRANDPACKAGING about licensed  strategies to assist brands decide their best course of action (www.floodcreativeny.com).

In its 15 years of utilizing design as a tool for strategy, Flood has produced a fair amount of licensed packaging for businesses. Whitworth discusses the advantages and disadvantages of licensed packaging as well as smart ways to use it.

Hence, option E is correct.

To learn more about Licensed Packaging here

brainly.com/question/9507879

#SPJ4

7 0
2 years ago
helen owns 12.6% of the stock of the Median Corporation. If median makes a dividend payment of $30,000,000 paid proportionally t
eimsori [14]

Answer:

$3,780,000

Explanation:

Data provided in the question

Owning percentage = 12.6%

Dividend payment = $30,000,000

By considering the above information, the amount that helen received is

= Dividend payment × Owning percentage

= $30,000,000 × 12.6%

= $3,780,000

By multiplying the dividend payment with the owning percentage, the total dividend received can come

6 0
3 years ago
Rick O'Shea, the only employee of Hunter Furniture Company, makes $32,400 per year and is paid once a month. For the month of Ja
mina [271]

Answer: $‭368.55‬

Explanation:

Employer payroll tax is;

= Social security + Medicare +  State Unemployment Tax + Federal Unemployment tax

Monthly salary = 32,400/12 = $2,700

= (6.2% * 2,700) + (1.45% * 2,700) + ( 5.4% * 2,700) + ( 0.6% * 2,700)

= $‭368.55‬

8 0
3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
Goryan [66]

Answer:

How many minutes of grinding machine time would be required to satisfy demand for all four products = 97,620 minutes.

Explanation:

The minutes of grinding machine required to satisfy demand for all four products -

Grinding time of Product A = Grinding minutes per unit of Product A * Monthly demand in units of Product A

= 5.0 * 5,200 = 26,000

Grinding time of Product B = Grinding minutes per unit of Product B * Monthly demand in units of Product B

= 6.50 * 5,200 = 33,800

Grinding time of Product C = Grinding minutes per unit of Product C * Monthly demand in units of Product C

= 5.50 * 4,200 = 23,100

Grinding time of Product D = Grinding minutes per unit of Product D * Monthly demand in units of Product D

= 4.60 * 3,200 = 14,720

The minutes of grinding machine required to satisfy demand for all four products =

= 26,000 + 33,800 + 23,100 + 14,720

= 97,620 minutes.

6 0
3 years ago
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