Effective annual rate considers the effect of compounding, whereas annual percentage rate does not consider the effect of compounding.
Answer the following statement true (T) or false (F)
True
Effective annual rate is the annual rate of interest actually being earned, as opposed to the quoted rate, considers the compounding of interest. Annual percentage rate is another name for the simple interest rate; does not consider the effect of interest compounding. See 4-5: Annual Percentage Rate (APR) and Effective Annual Rate (EAR)
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For the year ended December 31, 2016, the Bowling Green Company reported income of $350,000 before provision for income tax. In arriving at taxable income for income tax purposes, the following differences were identified: Bad debt expense (but not written off) $ 8,000 Depreciation deducted for tax purposes in excess of depreciation for accounting purposes 50,000 Income for installment sales
reportable for income tax purposes in excess of income reported for financial reporting purposes 30,000 ? Assuming a corporate income tax rate of 30%, Huntsville's current income tax liability as of December 31, 2016, is A) $ 83,400. B) $101,400. C) $113,400. D) $129,000.
When drafting content for a website, which of the following will help improve the message?
A) Write a message for the internal, local audience. B) Start with general information and use embedded links to add depth and detail. C) Develop a concise, skimmable format. D) Use catchy headings and thought provoking summaries that lure readers further into the website. E) Use links that force readers to click through the web to find relevant data.
Discuss the following principle: "Prefer positive language." Specifically, what are the general assumptions and guidelines? What words should you avoid?
According to your text, the ultimate goal of achieving customer satisfaction is
A. to increase brand recognition. B. to reduce consumer complaints. C. to attract new customers. D. to promote brand loyalty. E. to widen the target market.