Answer:
The stated annual interest rate offered by this account is 41.42%.
Explanation:
The stated annual interest rate, r on the saving account can be determined as follows :
Pv = - $1
n = 4 × 2= 8
pmt = $ 0
p/yr = 2
Fv = $4
r = ?
Using a financial calculator the nominal rate,r compounded semi-annual is 37.8414 %
Then use the financial calculator to convert norminal rate to annual rate as follows :
37.8414 % Shift NOM%
P/YR 2
Shift EFF% 41.4213 or 41.42%
Answer:
The answer is: False
Explanation:
If Bayou Belle Water had high resource similarity with companies like Coca Cola, it would mean that its resources, both tangible and intangible, are similar between them. Obviously a small business doesn't have either the financial resources or the intangible resources (the secret Coke formula) that corporate behemoths have.
Answer:
The correct answer is 'Deferred Revenue'.
Explanation:
The Deferred Revenue account relates to the account in which a specific amount of payment is received in advance by the organization for the goods that are not delivered or, for the services which have not been implemented yet. They are shown on the balance sheet of the organization on the liability side.
Thus, according to the scenario given, the Deferred revenue account will be credited, when the gift is received, but neither of the conditions is met.
Answer:
b. Business & Industry
Explanation:
STEM (or Science, Technology, Engineering & Mathematics) includes different types of engineering, computer science, mathematics, and other fields.
Arts and humanities include archaeology, history, literature, philosophy, etc.
Public services include journalism, education, healthcare, teaching, etc.
Answer:
When a gap exists between existing state and your desired state, you have a/an demand .
Explanation:
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