subject
Business, 25.07.2019 18:30 babyduck0664

Faircross farms harvests its crops four times annually and receives payment for its crop 90 days after it is picked and shipped. however, planting, irrigating, and harvesting must be done on a nearly continual schedule. the firm uses 90-day bank notes to finance its operations. the firm arranges an 11 percent discount interest loan with a 20 percent compensating balance four times annually. what is the effective annual interest rate of these discount loans?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:20
Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)
Answers: 3
question
Business, 22.06.2019 20:40
Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year
Answers: 2
question
Business, 22.06.2019 23:00
What is the purpose of the us international trade association?
Answers: 2
question
Business, 23.06.2019 00:00
How do the percentages of the 65 customer satisfaction ratings in that actually fall into the intervals [formula62.mml ± s], [formula62.mml ± 2s], and [formula62.mml ± 3s] compare to those given by the empirical rule? do these comparisons indicate that the statistical inferences you made in parts b and c are reasonably valid? (round your answers to the nearest whole number. omit the "%" sign in your
Answers: 2
You know the right answer?
Faircross farms harvests its crops four times annually and receives payment for its crop 90 days aft...
Questions
question
English, 20.08.2019 08:00