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s344n2d4d5 [400]
3 years ago
13

In the digital-age workplace, lines of authority are less defined. The availability of information to all employees has increase

d, as has the prevalence of collaboration. While hierarchical divisions have diminished, you still may communicate messages downward and upward as well as horizontally. Pay special attention to the tone of the messages you write to persuade within your organization. Build interest by emphasizing benefits, and use strategies to overcome resistance. A successful persuasive message flowing downward requires a
Business
1 answer:
Kazeer [188]3 years ago
7 0

Does a picture come with it

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Friendly's quick loans, inc., offers you $5.25 today but you must repay $6.45 when you get your paycheck in one week (or else).
LenaWriter [7]
For simplicity, we will assume 52 weeks in a year (instead of 365 days).
The rate of interest per week actually charged is
6.45/5.25-1
=1.2285714-1
=0.22857142857
=22.85714%

Effective Annual Rate (EAR) is obtained by <em>compounding</em> the weekly rate for one year (52 weeks)
EAR=(1+i)^n-1
=(1+.228571428571428)^52-1
=44546.2997
=4454629.97%
note: most calculators may not display this value with sufficient accuracy.

The corresponding APR is obtained by <em>multiplying</em> the weekly rate by 52
APR=52*(6.45/5.25-1)
=52(6.45/5.25-1)
=11.885714
=1188.57%


8 0
3 years ago
On January 1, Pacer Corporation issued $2,000,000, 13%, 5-year bonds with interest payable on July 1 and January 1. The bonds so
wel

Answer:

Option E, is correct as effective interest $ 120,839

Explanation:

The coupon interest payable semi-annually is computed thus:

Semi-annual coupon =13%/2*$2000000

                                  =$130,000

However the bond was issued at  premium, using effective interest the first interest payment is calculated on the actual issue value of the bond of $2,197,080 using the market rate of interest

effective interest=11%/2*$2,197,080

                           =$ 120,839.40  

Hence,the interest expense based on effective interest is  $120,839 rounded to the nearest whole number

Option D is wrong because the effective interest is a semi-annual interest not an annual one.

7 0
4 years ago
OFFERING 20 POINTS Whitney's proposal to build 10,000 guns relied on what two important elements found in the modern manufacturi
strojnjashka [21]

Answer:

interchangeable parts and assembly lines

Explanation:

8 0
3 years ago
An accountant has encountered a perplexing financial reporting issue related to the private college for which he is preparing fi
frez [133]

Answer:

c) AICPA accounting and auditing guide, Audits of Colleges and Universities and/or AICPA SOP 74-8, Financial Accounting and Financial Reporting by Colleges and Universities.

Explanation:

As accounting and auditing guide which is issued by AICPA for health care 3 gives full guidance on how to deal with financial reporting issues for the hospital so the accountant would look into it for any problem related to it.

8 0
3 years ago
For a competitive market, A. a seller can always increase her profit by raising the price of her product. B. a seller often char
PtichkaEL [24]

Answer: For a competitive market, <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

Explanation:

A perfectly competitive market has the following characteristics:

(a). In this particular market there are many buyers and sellers.

(b). Also each company makes similar product. i.e. the products are identical in nature.  

(c). In this market buyers and sellers will have access to perfect information about price. and product.

(d). In a competitive market there are no barriers to entry into or exit from the market.

Therefore , <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

3 0
4 years ago
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