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lord [1]
2 years ago
8

antonio rinaldi paid for a refrigerator with a 9-month Rule of 78 installment loan. The total finance charge for the loan was $2

40. He repaid the loan at the end of the third month. What was the amount of the unearned finance charges? What was the amount of the earned finance charges?
Business
1 answer:
Vladimir79 [104]2 years ago
4 0
A IS THE ANSWER I'M SURE IT IS
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Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
1 year ago
Joanna is deciding between consuming Good X and Good Y. At her current level of consumption, her marginal utility per dollar for
ikadub [295]

Answer:

D) consume more of Good X or less of Good Y until the marginal utility per dollar for Good X and Good Y is equal.

Explanation:

Since Joanna's marginal utility per dollar is higher for good X than per good Y, then she must consume a combination of both goods until their marginal utility per dollar is equal.

Since marginal utility is diminishing, if she reduces her consumption of good Y, maybe it will increase and match X's. Or she can choose to consume more X until its marginal utility diminishes and matches Y's.

3 0
2 years ago
As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department
lina2011 [118]

Option C

As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department must do to achieve D-Lighting’s long-term success. Darius is involved in: tactical planning.

<u>Explanation:</u>

Tactical planning demands a company's strategic plan and establishes ahead specific short-term activities and ideas, regularly by the company board or function. Tactical planning is splitting up those intentions into practicable tasks that we can begin programming into our task management practice and schedule.

In the tactical phase, the market is acknowledging to paramount facts. Lower-level supervisors have a greater knowledge of day-to-day actions, and they are habitually the ones accountable for tactical planning. In trades and the managerial world, tactical decisions are quite common.

6 0
2 years ago
Jane, a partner in a cpa firm, borrows $100,000 on a secured note from one of the firm's bank audit clients to build a new dorme
dezoksy [38]

No, because Jane is not able to influence the engagement or on the attest team. According to Interpretation 101-1<span>, </span>the independence is not impaired except the manager falls within the description of a “covered member” in ET section 92.06. Jane in general would not be well-thought-out a covered member since she is not on the attest engagement team and does not be responsible for non-attest services to the client.

5 0
2 years ago
Stone and brick are substitutes in home construction. consider the market for bricks depicted below. suppose the price of stone
sp2606 [1]

Answer: Price of bricks will increase

Explanation: Since Stone and bricks are substitutes to each other, a rise in the price of stone due to the new regulation will lead to a rise in the demand for bricks. Since bricks are now relatively cheaper as compared to stones after the price rise, people will use more bricks than stones. This will shift the demand for bricks to the right driving upwards the price for bricks and also increase the quantity of bricks being sold in the market.  

8 0
2 years ago
Read 2 more answers
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