To answer this item, we assume that the interest rate is simple, such that the yearly rate was only divided by 12 months in order to determine the rate per month. Hence, to answer this item, we simply have to multiply the given percent by 12.
rate of interest/year = (12)(0.85%) = 10.2%
Therefore, the answer is 10.2%.
Answer:d) give the company its own identity. explain "where we are headed.
Explanation: A company's mission statement is a statement that specifically highlights the following
(1) The needs of the customer which the company plans to fulfill.
(2) Highlight the company's products and services which are rendered.
(3) It should also identify the Customer or market it is trying to reach.
This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.
#3: Face-to-face jobs in the health-care field can consist of nurses and doctors. They can be considered face-to-face because you interact with patients and various people and your work is hands on. Someone who is behind the scenes could be a receptionist at a doctors office or hospital or a medical biller. This can be considered a behind the scenes type job since it's non clinical and doesn't provide direct treatment, they simply help out the people that do provide direct treatment (face-to-face).
Answer: $45000
Explanation:
Firstly, the operating asset will be calculated which will be:
Operating asset = Sales / Turnover
= 900,000/3
Operating assets = $300,000
Then, the net operating income will be: Return on investment × Operating assets
Net operating income = 300,000 × 15%
= 300,000*0.15
= $45,000
Therefore, Legume Division's net operating income last year is $45000
Answer:
American Explorations current WACC is 9%
Explanation:
The computation of WACC is shown below:
= (Cost of equity × equity percentage) + (after-tax cost of debt × debt percentage)
= (12% × 50%) + (6% × 50%)
= 6% + 3%
= 9%
Since we have to compute only current WACC so we considered the 50-50 ratio. Hence, we ignored 70% cost of debt
WACC shows a relationship between debt, equity and the preferred stock.