Answer and Explanation:
The computation is shown below;
Percentage returns is
= (End value - Beginning value) ÷ Beginning value
= ($77.59 - $74.82) ÷ $74.82
= 3.70%
Now
APR is
= 3.70 × 2
= 7.40%
As the given months is six but we have to compute for 12 months that why we multiplied it by 2
And,
EAR = (1 + APR ÷ m)^m - 1
where
m = compounding periods
So,
= (1 + 0.074 ÷ 2)^2 - 1
=7.54%
Energy Expenditure can be expressed as a gross or net term. The total amount of energy expended for a specific activity including the resting energy expenditure. Gross energy expenditure is typically used for between person comparisons. Hope it helps
Answer:
meal option is cheaper with total cost = $2000 and hall only option is total cost $2700
Explanation:
given data
The meal option = $50 per person.
Hall free = $ 0 per person
total guest = 40
hall-only option = $1,500
external caterer = $30 per person
solution
when we go for meal option than hall free so total cost will be as
total cost = total guest × $50 per person
total cost = 40 × $50
total cost = $2000
and
when we go for hall only option than total cost will be
total cost = total guest × external caterer charge + hall-only option
total cost = 40 × $30 + $1500
total cost = $2700
so
meal option is cheaper with total cost = $2000 and hall only option is total cost $2700
Answer:
The Income Statement is-
Sales = $435,000
Costs = 216,000
Depreciation = 40,000
EBIT= $179,000
Interest = 21,000
EBT = $158,000
Taxes = 55,300
Net income = $102,700
I have done this question before in my "Money Management" Dual enrolled class.
:)
