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arsen [322]
2 years ago
6

your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one m

onth and keeps all of the proceeds before investing it for you. If your advisor makes and keeps a 1% return on your investment, what is his EAR if the earnings rate could be extrapolated for one year?
Business
1 answer:
MatroZZZ [7]2 years ago
6 0

Answer: 12.68%

Explanation:

The Effective Annual Interest rate is the nominal interest rate adjusted for the number of compounding periods a financial product will experience in a period of time which is usually a year.

The formula is,

Effective annual interest rate = (1 + (nominal rate / number of compounding periods)) ^ (number of compounding periods) - 1

Plugging in the figures would give,

EAR = (1 + 0.01) ^ 12 - 1

EAR = 1.01^12 - 1

EAR = 12.68%

You might notice that in the bracket I did not divide the 1% by 12. This is because the 1% was already given as the month's interest rate.

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Toyota and Honda both have the capabilities to build cars of high quality at relatively low cost and their products regularly be
Liono4ka [1.6K]

Answer:

Rare

Explanation:

VRIO Analysis is an analytical technique for the evaluation of company's resources and thus the competitive advantage. VRIO comes from the initials of the evaluation dimensions: Value, Rareness, Imitability, Organization.

A resource is rare simply if it is not widely possessed by other competitors. When a firm has valuable resources that are rare in the industry, they are in a position of competitive advantage over firms that do not have the resource.

8 0
2 years ago
HELP!! : Could a sales representative easily translate his or her skills into being a buyer? What would be
Lunna [17]

Answer:

Yes, a sales representative can translate his skills into being a buyer

Explanation:

A sales representative is one who completes a sale of a product in a direct or face to face interaction with the buyer.

Skills of a good sales representative includes:

1. Product knowledge

2. Strategic prospecting skills

3. Active listening

4. Communication

5. Good time management

A sales representative can convert all these skills listed above into becoming a better judge of a product as a buyer and in relation with other sales representatives.

One of the challenging thing about the shift would be the ability to trust another sales representative's words about a product or service.

The skill that would translate seamlessly would be product knowledge because if a sales rep already have a good knowledge of a product before it would greatly enhance his choices when choosing one for himself.

3 0
2 years ago
Jaime works as a Power Plant Manager. What are some tasks that he may be involved in?
babunello [35]
A .
<span>designing systems, scheduling projects, and supervising workers</span>
6 0
2 years ago
Read 2 more answers
For lunch, Maria eats only salads or vegetarian burgers. Her weekly food budget is $36. Each salad costs $6 and each vegetarian
tensa zangetsu [6.8K]

Answer:

3 salads, 6 vegetarian burgers

Explanation:

Data provided in the question:

Weekly food budget = $36

Cost of salad, Cs = $6

Cost of vegetable burger, Cv = $3

Now,

Let the number of salads be 'S'

and, the number of vegetable burgers be 'V'

thus,

S × Cs + V × Cv = $36

or

S × $6 + V × $3 = $36      ............(1)

also,

2 salads and 4 vegetarian burgers will give her a utility of 8

i.e U(2, 4 ) = 8

or

U( S, V ) = SV

Now,

From optimal marginal utility condition

Marginal rate of substitution = \frac{MU_S}{MU_V}=\frac{Cs}{Cv}

or

\frac{V}{S}=\frac{6}{3}

or

V = 2S       ..........(2)

substituting the above value in 1

S × $6 + 2S × $3 = $36  

or

6S + 6S = 36

or

12S = 36

or

S = 3

substituting S in (2)

V = 2(3)

or

V = 6

Hence,

3 salads, 6 vegetarian burgers

4 0
2 years ago
In a recent annual report, Rosh Corporation disclosed that 60,000,000 shares of common stock have been authorized. At the beginn
irina [24]

Answer:

33,880,934 stocks

Explanation:

total number of authorized stocks = 60,000,000

stocks issued at beginning of the year = 36,356,357

treasury stocks at beginning of the year = 7,171,269

net change in total stocks outstanding = additional shares issued - increase in treasury stocks = 558,765 - 3,034,188 = -2,475,423

total number of stocks outstanding = outstanding stocks at the beginning of the year + net change in stocks outstanding = 36,356,357 -2,475,423 = 33,880,934 stocks

7 0
2 years ago
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