Answer:
a. 1.27%
b. 15.24%
c. 16.35%
Explanation:
a. What is the monthly return on this investment vehicle?
The formula for the value of a Perpetuity is;
Value = Payment/ rate
Rate = Payment/ Value
Rate = 1,450/114,000
= 0.0127
= 1.27%
b. What is the APR?
APR is the annual rate. The above figure is the monthly rate.
APR = Monthly rate * 12
= 1.27 * 12
= 15.24%
c. What is the effective annual return?
Effective annual return = [1 + (APR/n)]^n – 1
n is the number of compounding periods which is 12 here for monthly compounding.
= [1 + (15.24%/12)]^12– 1
= 16.35%
Answer:
Explanation:
There are so many things that can cause customers dissatisfaction which in turn could lead to low patronage.....
1. Lack of interest in the property or service
2. Inability to properly present the product and service
3. Taste of the customers
4. Season at which the products and services are produced
5. Price or cost of product or service
6. Customers income....
7. Management tactics
These are some of the things that can deprive the company from actualising its goals
Answer:
General Legder
Explanation:
A general ledger is a title given to the entire accounting system of a company. The general ledger comprises all the accounts used in the bookkeeping system of a company. It sorts and summarizes a company's financial transactions.
The general ledger keeps and maintains information required to prepare the company's financial statements.
The right of ___ is when businesses can compete against each to sell their goods and services to buyers.
I believe it is the right of ||competition|| because it is when businesses ||compete|| against eachother.
Answer:
$2.2 per unit
Explanation:
With regards to the above and to compute the company's unit contribution margin, we need to first calculate the total contribution margin
Total contribution margin
= Sales revenue - Variable manufacturing expenses - Variable selling and administrative expenses
= $1,104,600 - $432,000 - $94,000
= $578,600
Therefore, the company's unit contribution margin
= Total contribution margin ÷ Number of units produced and sold
= $578,000 ÷ 263,000
= $2.2 per unit
