Answer:
If compounded weekly =
No of weeks in a year=52
N= 52
EAR= (1+I/N)^N -1
=(1+0.12/52)^52 -1
=0.127=12.7% EAR
If compounded semiannually
N= 2
EAR= (1+0.13/2)^2 -1
=13.42%
It is better to borrow at 12% compounded weekly as the EAR is lower than 13% compounded semi annually.
Explanation:
Answer:
I'm pretty sure it's A, "complete a certification or qualification program offered by a professional association."
Explanation:
I believe this as it makes sense and I've had a question similar to this and got it right as the question and options where quite the same.
Answer:
Empathy
Explanation:
Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.
This makes the business go the extra mile in solving the customer's problem.
In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.
So without official death certificates they paid death benefits only 3 days after the attacks.
Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.
3300 units of q - drive.
To get the break even units of q drive you need to get the weighted average contribution margin of the two products
To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.
Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%
the wacm=$81
then divide the fixed cost by the wacm
$891000 / $81=11000 units
then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units
11000 units*30% =3300 units.
Answer:
B. 20,000
Explanation:
Standard Variable overhead rate = $6 per units / 2 direct labour hour
Standard Variable overhead rate = $3 per hour
Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)
Variable overhead spending variance = 160,000 * (3.125 -3)
Variable overhead spending variance = 160000*0.875
Variable overhead spending variance = 20,000
