Answer:
Interest Expense
Explanation:
If any company takes a loan from any bank or borrow from other sources for a specific time, that company has to pay a combination of principal amount and an additional expenses during the maturity period. That extra cost is called interest expense. As Lee company borrows a loan on January 8 and will pay the loan on April 8 with an interest rate, the company has to pay an interest expense of $100,000 × 6% × (90 ÷ 360) = $1,500.
Answer:
B. 11%
Explanation:
Recall that
Dollar return on euros = Euro interest rate + [(current exchange rate per euro - initial exchange rate per euro) ÷ initial exchange rate per euro]
Given that
Euro interest rate = 0.05 or 5%
Initial exchange rate = 1.10
Current exchange rate = 1.165
Therefore
Dollar return on Euros = 0.05 + [(1.165 - 1.10) ÷ 1.10]
= 0.05 + [0.065 ÷ 1.10]
= 0.05 + 0.059
= 0.109
OR
= 10.9 %
= 11%
To buy a certain security using dollar cost averaging, an investor must make regular payments (let's say monthly) of a set dollar amount (let's say $100 per month).
<h3> What is dollar cost averaging?</h3>
The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.
Say you put $100 away each month. Your $100 will buy fewer shares when the market is up, but more shares when the market is down. While compared to what you would have paid if you had purchased all of your shares at once when they were more costly than the average, this technique may eventually lower your average cost per share.
To know more about 'Dollar cost averaging', visit:brainly.com/question/14776694
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Answer:
35 times
Explanation:
The price-earnings ratio is the financial ratio that compares the market price of a share with its earnings in order to determine whether the share gives earnings that makes it a good buy.
Price-earnings ratio=market price per share/earnings per share
market price per share for 2017 is $42
earnings per share=net income-dividends/average common stock outstanding
net income is $108,000
dividends is nil
average number of common stock is 90,000
earnings per share=$108,000-$0/90,000=$1.2
price earnings ratio=$42/$1.2=35 times
Answer:
a) 406200000
b) 7500000 and 5.36%
c) 0.7
Explanation:
please find the attached file
