Answer:
C) Items in transit sold f.o.b. destination.
Explanation:
Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.
FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.
FOB destination point means that the title of the goods is transferred only after the goods arrive to the buyer's warehouse.
Answer: Accountability
Explanation:
Hachiro still needs to work on his accountability to be able to put into consideration the effect of the activities of his company on the society. Accountability involves being able to take record of one's action and also being to take responsibility for actions.
Answer:
Monthly Interest rate = 0.475%
EAR = 5.85%
Explanation:
a.
APR = 5.7%
Monthly Interest rate = APR / n
Monthly Interest rate = 5.7% / 12
Monthly Interest rate = 0.475%
b.
APR = 5.7%
m = 12
EAR = [ ( 1 + (APR / m))^m] - 1
EAR = [( 1 + (0.057 / 12))^12] - 1
EAR = [( 1 + 0.00475 )^12] - 1
EAR = [( 1.00475 )^12] - 1
EAR = 1.0585 - 1
EAR = 0.0585
EAR = 5.85%
True monthly rate of interest is 0.475%
EAR is 5.85%
The answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money
