Which statistic from the common data set is a good measure of a schools effectiveness?

You have just purchased a car and, to fund the purchase, you borrowed $25,000. If your monthly payments are $402.18 for the next

Naya [18.7K]

Answer:

E) 4.96%

Explanation:

The computation of the APR could be determined by applying the RATE formula i.e. shown below:

Given that

PMT = $402.18

Present value = $25,000

NPER = 6 × 12 = 72

FUture value = $0

The formula is shown below:

=RATE(NPER;PMT;-PV;FV;TYPE)

After applying the above formula, the annual percentage rate of the loan is

= 0.4135% × 12

= 4.96%

hence, the correct option is E.

4 0

3 years ago

A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this

Viktor [21]

The question is missing the options and is incomplete. The q=complete question is,

A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will:

a. both decrease

b. both increase

c. remain the same and decrease, respectively

d. increase and remain the same, respectively

Answer:

The correct answer is option D as the current ratio has increased while the working capital has remained the same.

Explanation:

The current ratio is calculated by dividing the current assets by the current liabilities. The formula for current ratio is,

Current ratio = Current assets / current liabilities

The old current ratio was,

Current ratio = 70000 / 50000 = 1.4

After the transaction, the new current ratio is,

Current ratio = (70000 - 1000) / (50000 - 1000) = 1.408

Thus, as a result of the transaction, the current ratio has increased.

The working capital is the difference between the value of current assets and the value of current liabilities.

The formula to calculate the working capital is,

Working capital = Current assets - Current liabilities

Old working capital = 70000 - 50000 = $20000

The new working capital = 69000 - 49000 = $20000

Thus, the working capital remain unchanged after the transaction.

5 0

3 years ago

Merchants Credit Union has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several o

HACTEHA [7]

Answer:

Innovative change

Explanation:

Innovation means change, hopefully a change for better. When a company decides to innovate its processes it means that it is trying to improve existing processes to make them more effective and more productive. In this particular case by starting to work weekend shifts they are trying to offer a better service.

8 0

4 years ago

Asset A has an expected return of 20% and a standard deviation of 25%. The risk-free rate is 10%. What is the reward-to-variabil

kvv77 [185]

Answer:

0.4 or 40%

Explanation:

the formula used to calculate the reward variability ratio is:

reward variability ratio = (expected return - risk free rate) / standard deviation = (20% - 10%) / 25% = 10% / 25% = 0.4 = 40%

The reward variability ratio measures the return of a project, stock or investment, adjusted for its variability (standard deviation) compared to the risk free rate.

8 0

3 years ago

If two projects (investments) A and B are said to be mutually exclusive then we know that the firm ______________. can choose to

Vitek1552 [10]

Answer:

must choose to invest in either A or B, but not both.

Explanation:

The whole concept of being mutually exclusive is that you must choose only one alternative investment. You can either choose to invest in A or B, but you cannot invest in both A and B, or first invest in A (or B) and then in the other one.

Generally investment projects are mutually exclusive due to budgetary constraints, i.e. you do not have enough money to invest in all of them, so you must choose the most profitable one considering the associated risks and capital costs.

3 0

4 years ago