Another bank is also offering favorable terms, so rahul decides to take a loan of $12,000 from this bank. he signs the loan contract at 5% compounded daily for 12 months. based on a 365-day year, what is the total amount that rahul owes the bank at the end of the loan's term? (hint: to calculate the number of days, divide the number of months by 12 and multiply by 365.) $12,489.06 $13,372.12 $12,615.21 $13,245.97

In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.

Financial information that is capable of making a difference in a decision is

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.