Money can be the number one source of frustration in relationships. These frustrations ring true for couples regardless of the length of their courtship or the number of years they have been married. This Tip Sheet offers tips to help couples handle the financial strain that often accompanies a long-term relationship.
For many couples, ample money can represent fun, good health, a new car, or owning a home. However, lack of money can mean frustration, anxiety, credit card debt, foreclosure, and even depression.
While money means different things to different people, there is no denying that we all need it! And for everyone, especially couples, the challenge is to manage it consistently.
Answer: c. Is a more convenient location to hold the trail
Explanation:
Eduardo appeals changing the loaction for the trail to Georgia from Florida because he finds it more convenient with the case holding in Georgia than Florida, this could be due to the fact that he might have factors in Georgia that would favour him if the trial is been done there.
Answer:
Option A
Explanation:
Firms treat Weighted average cost of capital(WACC) as the discount rate to calculate the net present value of a business and to evaluate investments that are most essential for capital budgeting.
Answer:
Reorder point is 40
Explanation:
Reorder point is the level of inventory which trigger the purchase of new inventory.
The formula for Reorder point is
Annual demand * Leadtime + Safety Stock
Reorder Point = 1040 / 365 * 14 days + 0
= 40.
The lost sales cost is $50 in goodwill, Furnco should keep a safety stock of at least 30 chairs in order to meet demand level.
Answer:
The correct answer for option (a) is 7.82% and for option (b) is 8.13%.
Explanation:
According to the scenario, the given data are as follows:
Amount borrowed (PV)= 75% × $3,000,000= $2,250,000
Monthly payment = $17,100
Time period Nper = 25 × 12 = 300
FV = 0
(a). So by using financial calculator, we have
Monthly APR = 0.6517%
APR annually = 0.6517% × 12 = 7.8204%
(b). We can calculate the EAR by using following formula:
EAR = (1 + k ÷ n)^n - 1
Where, K = 7.82%
N = 300
By putting the following value, we get
= ( 1 + 0.0782 ÷ 300)^300 -1
= 0.0813 or 8.13%