Answer:
1.97% and 2.01%
Explanation:
The computation of the effective annual rate is shown below:-
Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1
For CD 1
= (1 + 0.0195 ÷ 12)^12 - 1
= (1 + 0.001625
)^12 - 1
= (1.001625
)^12 - 1
= 1.97%
For CD 2
= (1 + 0.02 ÷ 2)^2 - 1
= (1 + 0.01
)^2 - 1
= (1.01)^2 - 1
= 2.01%
CD 2 will recommend to the grandmother
We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.
Answer:
b. decrease Amazon sales
Explanation:
Note: <em>"</em><em>Options the question is attached as picture below"</em>
In 2016, Amazon began charging a 5.75% sales tax on products it sells in the District of Columbia. If we hold all else equal, the effect of this tax would be <u>to decrease Amazon Sales</u> In the District of Columbia.
This action will consequentially increase the sales in local Market and then discourage online shopping along with it In Columbia district; it will decrease sales overall.
Answer:
Explanation:
Basic and diluted Eps
Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares
Basic Eps
Income 270000
Tax 20% 54000
Pat 216000
Dividend 5*5000 -25000
191000
W.Avg No. shares 50000
Basic EPS 191/50 3.82
Diluted Eps
PAT 191000
Add back Dividend of assumed conversion of pref. shares 25000
Total Income 216000
Total No of share 60000*
Diluted Eps 216000/60000 3.6
*Common Stock = 50000
Add Assumed Conversion of Pref. shares = 5000*2 = 10000
Total Shares = 60000
