Answer:
The correct answer is letter "C": The effective annual rate equals the annual percentage rate when interest is compounded annually.
Explanation:
Interest Rate is the cost of borrowing money, expressed as a percentage of the loan amount. Interest rates are the primary yardsticks for measuring how much return lenders will get.
The effective annual interest rate is a way of restating the annual interest rate so that it takes into account the effects of compounding. Using the effective annual interest rate helps us understand how differently a loan or investment performs if it compounds annually, semiannually, monthly, or in any other time frame. If compounded annually, the effective interest rate equals the annual percentage rate.
Answer:
Break-even Sales in Dollar = $240,000
Explanation:
The Breakeven is the level of activity that a business must operate to in order to cover its total costs. It denotes the minimum number of customers or quantity of product that a business must serve or produce inorder for its profit to be equal to zero.
At the break-even point, the busine<em>ss makes no profit or loss because the total revenue equals the total costs.</em>
It is calculated as follows:
Break-even Points (in sales revenue) = <u>Total Fixed cos</u>t
contribution margin
Panera Bread must sell box of bagels worth:
Break-even = 150,000/ 62.5%
= $240,000
LDH production is not associated with pancreatic cell secretions. Pancreas secretes the following pancreatic lipases to convert fats into lipoproteins and triglycerides.
Contingency theory is concerned with <span> leading a company</span> and <span>making decisions.</span>