Answer:
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Explanation:
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Answer:
Apr = 11.11%
Explanation:
Given:
Discounted amount = $5,000
Number of year = 1
Quoted rate = 10%
Find:
APR
Computation:
Actual loan amount = $5,000[100%/(100%-10%)]
Actual loan amount = $5,000[100%/(90%)]
Actual loan amount = $5,555.56
A = P(1+r)¹
5,555.56 = 5,000( 1 + r )
1.1111 = 1 + r
APR = 0.1111
Apr = 11.11%
Answer:
The correct option is D
Explanation:
The authority-compliance style is the leadership style, in which the managers are autocratic, follow strict rules in the work, procedures and the policies and view the punishment as a way which is effective for motivating the members of the team.
In this case, Rodney is the manager who is strict and concerned regarding the product delivery. So, he is following the style of authority-compliance.
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Answer:
There is a correlation between income and calling plan price. There may or may not be causation. Further studies would have to be done to determine this.
Explanation:
In the given case, since it is mentioned that the phone company measured that if there is a high income so customer would take more expensive calling plan as it represent the correlation between the income of the person and the price of the calling plan. Also further studies would be required to determine this in a proper manner
Answer: A.) $32.64 per machine hour
Explanation:
Given the following :
Estimated machine hours = 41,000 machine hours
Estimated variable manufacturing overhead = $4.16 per machine hour
Estimated total fixed manufacturing overhead = $1,167,680
Total Estimated manufacturing overhead :
(Estimated total variable manufacturing overhead + Estimated total fixed manufacturing overhead)
Estimated total variable manufacturing overhead:
$4.16 × estimated hours
= $4.16 × 41,000
= $170560
Total Estimated manufacturing overhead :
$170560 + $1,167,680 = $1338240
Hence,
Predetermined overhead rate :
Total Estimated manufacturing overhead / estimated hours
= $1338240 / 41000
=$32.64