subject
Business, 22.04.2020 03:19 jayc36809

A company has a $10,000 line of credit with a bank. The line of credit calls for an interest rate of 10 percent and a compensating balance of 5 percent. This firm needs $5,000 to pay for the inventory. a) How much does the firm need to borrow from the bank? b) What is the effective interest rate if the firm uses this line of credit with the compensating balance?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should elizabeth contact? - national alliance of business- affirmative action council- equal employment opportunity commission- federal trade commission- fair employment practices agency
Answers: 2
question
Business, 22.06.2019 10:00
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
Answers: 1
question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
question
Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
Answers: 3
You know the right answer?
A company has a $10,000 line of credit with a bank. The line of credit calls for an interest rate of...
Questions
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Chemistry, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Physics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Biology, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
Mathematics, 13.09.2020 02:01
question
English, 13.09.2020 02:01
Questions on the website: 13722360