Answer: 20.86%
Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :
365/ (45-10) * 0.02 = 365/35*2%
= 0.20857 *100= 20.86%
This is calculated using 365 days in a year.
Answer:
The answer is A
Explanation:
Taxes on goods with INELASTIC demand curves will tend to raise more tax revenue for the government than taxes on goods with ELASTIC.
Goods with inelastic demand are insensitive to price. An increase price of the goods for example from an increase in tax on the goods will have no significant effect in the quantity demanded. Consumers will still buy it with an higher. So taxing this goods is a good source of revenue for the government.
Whereas goods with elastic demand are very sensitive to rice. Any slight increase in price will result in a significant decrease in quantity demanded. So government increasing tax on this good will be bad for its tax revenue because consumers won't be it
Answer:
b. Overvalued
Explanation:
Overvalued stocks are securities that trade higher than their fair market value, i.e. the value that the company's fundamentals, such as earnings or revenues justify.
Answer:
The appropriate fill-in-the-blank is 05 years. Thus the statement becomes
A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after <u>05</u> years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.
Explanation:
According to the KRS 335.360, A person whose license has been revoked is eligible to apply for reinstatement after 05 years.
Answer:
D. customer service
Explanation:
Erica has kept on doing business with Abroad Standard, Inc. on a consistent basis which shows that she has overtime, gained satisfactory levels of dealings and thus, kept dealing with the said company. Customer service is thus, not one of the environmental forces that ASI needs to be mindful of with regard to the use of technology.
