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Acme Co.has a $100,000 line of credit at an annual rate of interest of 9.5 percent. The loan agreement also requires a 4 percent compensating balance on any funds used. What is the effective annual interest rate if the firm needs $60,000 for the entire year to fund its operations?
9.81% 9.50% 9.74% 9.90% 9.62%
Teddy's Pillows had beginning net fixed assets of $600 and ending net fixed assets of $680. Assets valued at $400 were sold during the year. Depreciation was $50. What is the amount of net capital spending?$80 $130 $450 $180 $350
What are the variables (the items measured on the axes) in a graph of the a) consumption shedule and b) the saving schedule Are the variables inversely (negatively) related or are they directly (positively) related
Sixteen states sue the major tobacco companies for billions of dollars because of tobacco-related costs in their Medicaid programs. Medical evidence that more than two cups of coffee a day (Considered by many to be a substitute for smoking) greatl..
Give an example of a scarce resource and at least two different uses for that resource and what are the three allocation problems all societies face as a result of scarce resources?
with the current u.s. economy in a weakened state many companies are reluctant to implement any capital improvements or
Currently, what indictors are evident that there is too much or too little money within the economy? How is monetary policy aiming to adjust this?
What is the opportunity cost of producing pastries and sandwiches in West Coast? Which nation has a comparative advantage in producing pastries and which nation has a comparative advantage in producing sandwiches?
write one page about a real-life situation where you need to negotiate. describe this process. please illustrate how
suppose that the capital machines in a particular plant is fixed in the short run and is equal to k 2. thus the only
Suppose that the government imposed a price floor on wages (minimum wage) in order to make sure that workers can earn a living wage. Is this a price floor? What are the economic implications of this action in the labour markets? Use graphs as require..
As prices increase, should health economists advocate giving something up (opportunity costs/trade-offs)? As the quantity of health services provided goes up, does the benefit of each additional unit of service become smaller (marginal analysis)?
Assume a company has the following demand equation, Q = 1,000 - 3,000P + 10A, where Q = quantity demanded, P = product value, and A = advertising expenditures
The report indicates that the current price of decontaminated blood is $80 per pint. However, if the new screening methods are adopted, the demand and supply for decontaminated blood will change to Qd = 175 – P and Qs = 2P – 200.
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