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Helga
7 days ago
6

Beck Kubiak wishes to purchase new appliances for her home. The total cost for the appliances is $2,900. To finance the purchase

, Becky must pay 20% down, with the balance being financed with a 24-month installment loan with an APR of 8.5%. Determine Becky's total finance charge and her monthly payment
Business
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What was the weighted average interest rate Colgate faced on its short-term borrowings in 2013? Enter with 1 decimal place and w
soldi70 [3635]

Answer:

In 2013, Colgate's weighted average interest rate on its short-term borrowings was:

2.2%.

Explanation:

On page 62 of Colgate Palmolive's 10-K annual report, covering the fiscal year ending December 31, 2013, it was noted that "the weighted-average interest rate for short-term borrowings amounting to $13 in 2013 and $54 in 2012 listed in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013, and 2012 was 2.2% and 1.0%, respectively."

The weighted average interest rate is calculated by considering the varying interest rates on short-term borrowings combined with their corresponding weights. These weights assist in calculating the average interest rate based on their proportionate sizes relative to the overall interest expense.

9 0
3 months ago
Dominik Corporation purchased a machine 5 years ago for $527,000 when it launched product M08Y. Unfortunately, this machine has
Scilla [3833]
The opportunity cost amounts to $532,000. This represents the cost of the most preferable alternative that was not selected. In this case, rejecting the investment project meant foregoing the potential return of $532,000.
3 0
2 months ago
The latest demand equation for your Banjos Rock T-shirts is given by q = −30x + 7200 where q is the number of shirts you can sel
Free_Kalibri [3773]
P(x) = -30x^2 + 9000x - 567000. Explanation: Initially, we must recall the components of a Profit function. The profit of a business is equivalent to its revenue (R(x)) minus its costs (C(x)). There are two elements: 1. Revenue: defined as the number of units sold multiplied by the price, where x indicates the price charged and Q(x) reflects the number of shirts sold. 2. Cost: The cost function is directly provided in the prompt. Aggregating these elements yields the complete profit function.
7 0
2 months ago
In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock. An analyst with a lead
Katen [3525]

Respuesta:

sobrevalorado

Explicación:

El valor esperado de la acción está por debajo de su precio en el mercado actual.

Esto indica que se anticipa que las ganancias y dividendos de la compañía disminuyan en los próximos meses. Es posible que otras acciones parezcan más rentables, lo cual haría descender el precio de esta acción:

Esto puede suceder porque la relación precio-beneficio de esta acción (multiplicado por las ganancias por acción pagadas) es mayor que otras acciones. Los inversionistas se desplazarán de una acción con un P/E de 20 a otra con un P/E del % ya que su retorno será mayor.

6 0
2 months ago
Desiree works 28 hours per week. She has a monthly income of $120 from investments. Desiree also plays in a band one night a wee
marusya05 [3725]
$1.50. Explanation: Desiree earns $120 monthly from her investments. Therefore, her annual investment income amounts to $120 x 12 = $1,440. Additionally, as a band member, she earns $200 weekly, translating to an annual band income of $200 x 52 weeks = $10,400. If her total annual income totals $49,696, her salary income is calculated as $49,696 - ($1,440 + $10,400) = $49,696 - $11,840 = $37,856. This leads to weekly earnings of $37,856 / 52 = $728. Consequently, her hourly rate is determined by $728 / 28 = $26. Desiree aspires to achieve an annual income of $51,880, and assuming her investment and band revenues remain constant, she needs to make $51,880 - $11,840 from her salary, equating to $40,040 annually. Thus, her updated weekly earnings would be $40,040 / 52 = $770 and new hourly earnings of $27.5. Hence, the raise she should request is ($27.5 - $26) = $1.50.
4 0
1 month ago
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