Throughout the life of the product
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
Answer:
D. is reduced to $5 per share
Explanation:
Please see attachment.
Answer:
Option C: Production Era
Explanation:
The production era. Is known as Stage 2 of marketing's evolution. found in the 1930s, highest production capability than ever before. The problem now became competition then. It was characterized by mass production of lots of products increased the availability of product in the marketplace that is available.
Answer:
Basic earnings per share of common stock for the year were 272 cents
Explanation:
Basic earnings per share = Earnings Attributable to Shareholders of Common Stock/Weighted Average Number of Common Stock in Issue during the year
<u>Calculation of Earnings Attributable to Shareholders of Common Stock :</u>
Net income for the year $240,000
Preference Dividends on Preferred Stock (12,000× $50×6%) ($36,000)
Earnings Attributable to Shareholders of Common Stock $204,000
Therefore Basic earnings per share = $ 204,000/ 75,000 shares of common stock
= 272 cents
