A.
Indirect finance means that there must be a financial intermediary, however, shares are bought and sold between the buyer and seller, therefore this is direct finance.
Answer:
$11,666
Explanation:
The computation of the mount of interest should be capitalized to the project on June 30 is shown below:
= $500,000 × 0.05 × 3 months ÷ 12 months + $300,000 × 0.05 × 2 months ÷ 12 months + $700,000 × 0.05 × 1 months ÷ 12 months
= $6,250 + $2,500 + $2,916
= $11,666
The $300,000 is come from
= $800,000 - $500,000
And, the $700,000 is come from
= $1,500,000 -$800,000
= $700,000
According to the months, the number of months are chosen.
Answer:
customers
Explanation:
they are the one who buys products that factories make
Answer:
Option (B) is correct.
Explanation:
Annual Subscription:
= 6000 × $125
= $750,000
Since, the payment was received for 1 Year, we will recognize 4 months revenue (1 September till 31st December) in the given year:
= $750,000 × (4/12)
= $250,000
Unearned Revenue as on 31st December:
= Total Payment Received - Revenue Recognized for 4 months
= $750,000 - $250,000
= $500,000
Answer:
B. 16.53%
Explanation:
The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.
the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1
r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%
