Big dom’s pawn shop charges an interest rate of 27.5 percent per month on loans to its customers. like all lenders, big dom must report an apr to consumers. what rate should the shop report? (do not round intermediate calcualtions. enter your answer as a percent rounded to 1 decimal place, e. g., 32.1.) apr % what is the effective annual rate?
Answers: 2
Business, 22.06.2019 21:40
Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.
Answers: 2
Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
Answers: 1
Business, 23.06.2019 00:30
How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it
Answers: 1
Business, 23.06.2019 19:30
How might a recent college graduate's investment portfolio differ from someone who is near retirement
Answers: 1
Big dom’s pawn shop charges an interest rate of 27.5 percent per month on loans to its customers. li...
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