Phillip has an investment of $200 that is expected to earn 10% annually. How much will the investment be worth at the end of the second year if the investment earns simple interest compounded annually

The cash needed to pay the invoice within the discount period can be determined by finding the net price, which is the cost of merchandise after trade discounts have been applied, and then subtracting the cash discount . He needed to pay $23,544 So, answer is option (a)

The formula to determine the net price is:Catalog List Price x Trade Discount Rate = Trade DiscountCatalog List Price - Trade Discount = Net Price The trade discount rate is given as 22%, which can be expressed as 0.22 as a decimal. Therefore, the trade discount can be found by multiplying the catalog list price by 0.22:Trade

Discount = $30,800 x 0.22 = $6,776Next, the net price can be found by subtracting the trade discount from the catalog list price:Net Price = $30,800 - $6,776 = $24,024 Finally, the cash discount can be found by multiplying the net price by the cash discount rate, which is given as 2/10: Cash Discount = Net Price x Cash Discount Rate = $24,024 x 0.02 = $480

Therefore, the cash needed to pay the invoice within the discount period is the net price minus the cash discount:Cash Needed = Net Price - Cash Discount = $24,024 - $480 = $23,544 Therefore, the answer is option (a)

Know more about discount rate here:

https://brainly.com/question/13660799

#SPJ11

Entrepreneurs often finance their new enterprise through a combination of the following methods:1.Personal savings,2. Credit cards and 3. Friends and family.

Personal savings: Many entrepreneurs choose to use their own savings to fund their business. This allows them to maintain control over the direction of their business and not be beholden to outside investors.

Credit cards: Some entrepreneurs use credit cards to finance their business, especially in the early stages when they need to purchase equipment or supplies. This can be a quick and easy way to access funds, but it can also lead to high-interest debt if not managed carefully.

Friends and family: Entrepreneurs often turn to their personal network for financial support, including friends and family members. This can be a good option for early-stage funding, but it can also put personal relationships at risk if the business is not successful.

The proper question is " what are common ways that entrepreneurs personally finance their new enterprise? more than one answer may be correct. 1. Personal savings 2. Credit cards 3. Friends and Family "

To know more about entrepreneurs here

https://brainly.com/question/13897585

#SPJ4

Answer:

active listening

Explanation:

Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.

Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.

I hope this helps! :)

☁️☁️☁️☁️☁️☁️☁️

Over the past several decades, the difference between the labor-force participation rates of men and women in the U.S. has gradually decreased.

To learn more about labor force participation rate refer,

https://brainly.com/question/24939447

#SPJ4

The amount of 3200 should be invested at 2.5% interest.

Let's assume that x is the amount that should be invested at 2.5% simple interest in order to earn $100 interest in 15 months.

Formula for Simple Interest is: I = Prt  is the interest rate P is the principal or initial amount of the loan is the annual interest rate as a decimal is the time in years.

By substituting the given information into the formula:100 = x × 2.5% × 15/12Where 2.5% = 0.025 (convert percent to decimal) and 15/12 = 1.25 (convert months to years)Simplify the equation by multiplying both sides by 100/2.5%100/(0.025 × 1.25) = x100/0.03125 = x3200 = x

Thus, an amount of $3200 should be invested at 2.5% simple interest in order to earn $100 interest in 15 months.

To know more about interest, visit:-

brainly.com/question/30393144

#SPJ11

The new deed will read tenants in common with Keenan, Kelly and Shon.  The answer is (a)

When one joint tenant sells their interest, they are breaking the unity of ownership required in a joint tenancy. The remaining joint tenants still own their original shares as joint tenants, but the new owner, Michael, owns his share as a tenant in common with the remaining joint tenants.

This means that Michael's share can be passed on to his heirs or sold without the consent of the other joint tenants. In this case, Keenan, Kelly, and Shon would still own their 25% undivided interest as joint tenants, while Michael would own his own 25% undivided interest as a tenant in common with the other joint tenants.

Therefore, the new deed will reflect that the ownership of the property is "tenants in common with Keenan, Kelly, and Shon," which is option (a)

To know more about deed, refer here:

https://brainly.com/question/30547224#

#SPJ11

Justus Corporation’s expected dividend (D1) at the end of the year is $2.00. Justus currently sells for $41.00 a share, and its dividend is expected to grow at a constant rate of 9%.

The stock has a beta of 0.9, the risk-free rate is 3.3%, and the market risk premium is 4.5%. Let’s find the cost of equity using the capital asset pricing model

(CAPM):CAPM = RF + β * (RM – RF)CAPM = 0.033 + 0.9 * 0.

045CAPM = 0.0765 or 7.65%Thus, Justus Corporation’s cost of equity is 7.65%.

We can use the dividend discount model (DDM) to find the price of the stock in three years. We need to find the expected dividend and the expected price in three years.Dividend in year 1 .

(D1) = $2.00Dividend growth rate (g) = 9%Cost of equity (r) = 7.65%,

We can use the formula to find the expected dividend in year 2:Expected dividend in year 2

(D2) = D1 * (1 + g) = $2.00 * (1 + 0.09) = $2.18,

We can use the formula to find the expected price of the stock in year 2:

P1 = D2 / (r – g) = $2.18 / (0.0765 – 0.09) = $45.14,

We can use the formula to find the expected dividend in year 3:Expected dividend in year

3 (D3) = D2 * (1 + g) = $2.18 * (1 + 0.09) = $2.37

We can use the formula to find the expected price of the stock in year 3:

P2 = D3 / (r – g) = $2.37 / (0.0765 – 0.09) = $49.00

the market believes that the stock price will be $49.00 at the end of three years.

To know more about market visit:

https://brainly.com/question/15483550

#SPJ11

Transactions between two subsidiaries to be consolidated with the same parent need to be eliminated in the consolidating process is true concerning intercompany transactions. Option B is correct

Transactions between the two subsidiaries that will be consolidated with the same parent must be removed during the consolidation process. This is because they do not represent transactions with third parties, but rather transactions between various components of the same larger economic entity.

Eliminating these intercompany transactions makes sure that the financial statements of the consolidated entity only reflect the true economic impact of these transactions on the entire entity and do not double-count these transactions.

Option B is correct

To know more about Transactions here

https://brainly.com/question/28059483

#SPJ4

Notes payable and Accounts payable are both used to represent the obligations that a company has to an entity. They are however different in certain ways such as:

The following are differences between notes payable and accounts payable:

In conclusion, notes payables and accounts payables have several differences.

Find out more at https://brainly.com/question/882090.

Answer:

The most applicable choices in the order of importance are

C, B then A. Of course, they have to be applied at various stages of the acquisition.

Explanation:

C should have occurred (if possible) before the acquisition. Usually, when there is a major acquisition such as the one described above, it comes with good and bad tidings.

In some cases, especially one involving a large and efficient system like Coca-Cola, many positions become redundant.

In other cases, people are worried if their compensation will be affected. There are usually questions such as:

Thus, executing a survey of Honest Teas' employees to identify such sources of anxiety and conflict related to the acquisition with the goal to address them constructively, will help the change to be successful.

Option B is one strategy that ought to have been executed upon the conclusion and official announcement of the acquisition exercise. This is the most crucial and maybe the most important part of the acquisition/takeover process.

This is true especially if there is going to be changes in management,  communication styles, and the culture.  Other benefits of team building excercises are, it increases and or improves:

Option C: On the balance of probability, it is expected that when a bigger company like Coca-Cola acquires a smaller one, the process comes with a lot of benefits. One of such benefits is the payroll upgrade.

After all is said and done, it will serve to boost the motivation and morale of the staff if Honest Tea began to use Coca-Cola's payroll which is likely to be more robust.

Because Cocal-cola is an older, more experience and more global company, it is more likely to have more efficient reimbursement systems. If these are inculcated into the Honest Tea process, with adequate training on how to use it, it will also serve to ensure homogeneity of systems and operations which is critical to the success of an acquisition.

Cheers!

The correct answer is d. Debit Interest Expense $12,463.10; debit Premium on Bonds Payable $736.90; credit Cash $13,200.00.

Under the effective interest method of amortization, the interest expense is calculated by multiplying the carrying value of the bonds (par value + premium or - discount) by the market interest rate. In this case, the carrying value of the bonds is $249,262 - $736.90 = $248,525.10.

The semiannual interest payment can be calculated as ($248,525.10 * 10%) / 2 = $12,425.25.

Since the company is paying interest, the journal entry would be:

Debit Interest Expense $12,463.10 ($12,425.25 rounded to two decimal places)

Debit Premium on Bonds Payable $736.90

Credit Cash $13,200.00 (semiannual interest payment)

This entry records the interest expense and reduces the carrying value of the premium on bonds payable. The cash is debited to show the payment made.

Therefore, option d is the correct journal entry to record the first interest payment using the effective interest method of amortization.

Learn more about bond accounting and the effective interest method here:

brainly.com/question/32190391

#SPJ11

The above tool could be best used as a spreadsheet to manage workload by prioritizing tasks based on their importance and setting specific scheduling details for each task.

The tool can be used to track progress and identify any barriers to performance that may arise during the completion of the task.

Also, a contingency plan can be developed to ensure that the task is completed even if unforeseen issues arise. By using this tool, one can manage their workload more effectively and efficiently by breaking down complex tasks into smaller, more manageable steps.

This tool can also help to ensure that deadlines are met and that goals are achieved in a timely manner.

Learn more about workload management at:

https://brainly.com/question/28257725

#SPJ1

The positive communication result gained when a product like red bull is advertised using more than one media is called Synergy.

What is Synergy?

The two businesses can do more together than they could alone if they unite. Companies can develop synergy by developing new products or integrating existing markets. Salespeople can boost revenue by cross-selling products, for instance, if a company offers consumer electronics.

Therefore,

The positive communication result gained when a product like red bull is advertised using more than one media is called Synergy.

To learn more about Synergy from the given link:

https://brainly.com/question/26886908

#SPJ4

Answer:

I notice two possible issues here:

First, focusing on selling only the base model might increase total sales volume but might not increase profits. Generally, premium models are more expensive and yield a higher contribution margin. I might be wrong here because there is no mention to contribution margins, but generally things work differently. E.g. car salespeople do not usually offer the base model first, they generally show the highest trims.  

Second, in countries like Japan, common goals for groups might work since the culture is much more collaborative between group members. But in the US, where performance and success is measured on a much more personal way, it might not work very well. It doesn't mean that team work is no good, but making the whole group responsible for reaching a certain sales goal is not adequate. Imagine that you manage to increase your sales by 15%, but since the total sales of the entire group didn't increase as much and didn't meet the stated goals. What will happen to you? Under normal conditions, increasing sales in such a way would probably result in a bonus besides higher sales commissions.

Answer:

produce more

Explanation:

the less you have of something the more its gonna be worth

Zhang Industries must borrow $17,290 to maintain a $22,000 cash balance at the end of June. To compute the amount Zhang Industries must borrow, if any, to maintain a $22,000 cash balance, we need to consider the following terms: beginning cash balance, cash receipts, cash payments, and required cash balance.

Here is the step-by-step explanation:
1. Calculate the total cash available in June:
  Total cash available = Beginning cash balance + Cash receipts
  Total cash available = $29,000 + $97,000
  Total cash available = $126,000
2. Calculate the cash deficit or surplus at the end of June:
  Cash deficit/surplus = Total cash available - Cash payments
  Cash deficit/surplus = $126,000 - $121,290
  Cash deficit/surplus = $4,710
3. Calculate the amount the company must borrow, if any, to maintain a $22,000 cash balance:
  Required borrowing = Required cash balance - Cash deficit/surplus
  Required borrowing = $22,000 - $4,710
  Required borrowing = $17,290

to know about cash balance visit:

https://brainly.com/question/28873432

#SPJ11

You passed the employee assessment test for Walmart if your assessment is current on one of their applications. You have two years after passing the exam to take it again.

To learn more about assessment test refer to:

https://brainly.com/question/24119349

#SPJ4

The Bill of Rights in the U.S. Constitution is not an example of intellectual property.

Intellectual property refers to creations of the mind that are protected by law, granting exclusive rights to the creators or owners. Examples of intellectual property include new songs, novels, patents on inventions, and even a person's identity in certain contexts. However, the Bill of Rights in the U.S. Constitution is not considered intellectual property.

The Bill of Rights is a set of fundamental rights and liberties guaranteed to individuals in the United States, including freedom of speech, religion, and the right to a fair trial. It is a legal document that outlines and protects the rights of citizens, but it is not a creation of the mind in the same sense as a song, novel, or patent. The Bill of Rights is a foundational part of the U.S. Constitution, serving as a framework for governance and the protection of individual rights.

Learn more about intellectual here:

https://brainly.com/question/17348419

#SPJ11

Jesse, have left in his budget for a car payment to stay within his safe debt load $0.

A “budget” is a plan or statement of the amount of money spent each month to pay for living expenses or for a specific purpose.

According to the budget for a car payment are:

Jen net income of $800.

$150 for rent

currently pars $80

The debt load = ?

$800 x 10% = $80

$80 - $80 = $0

$0

As a result, they have left in his budget for a car amount to stay within his safe debt load $0.

Learn more about on budget, here:

https://brainly.com/question/15683430

#SPJ1

Answer:

C. Management accountants provide accurate financial data and

analyze the data to make predictions.

Explanation:

Management accounting is an accounting arm that focuses on the accurate organization, analysis, presentation, and interpretation of a company's financial data for use by the management.  The information generated by management accounting is for internal use. It aids the top management team in its decision-making process.

Management accountants analyze and make recommendations on the business's operational aspects, such as costs of products and services purchased, product pricing, budget variances, margin analysis, market trends, and forecast.  

Answer:the total organization

Explanation:

The yield on a 2-year Treasury is 6.2%.

The yield on a 2-year Treasury can be calculated by considering the real interest rate (r*), inflation premium (1₂), and maturity risk premium (MRP).

In this case, the real interest rate is given as 2%, the inflation premium as 4%, and the MRP as 0.1%. To determine the yield, we add these three components together.

Yield = r* + 1₂ + MRP

= 2% + 4% + 0.1%

= 6.2%

The calculated yield is 6.2%.

Therefore, based on the given information, the yield on a 2-year Treasury is determined to be 6.2%.

To know more about yield , visit:

https://brainly.com/question/15176473

#SPJ11

True, e-business is a broader concept than e-commerce.

E-business, or electronic business, refers to the utilization of digital technologies and electronic means to conduct various business processes and operations, such as communication, transactions, marketing, and management.
E-commerce, or electronic commerce, is a subset of e-business and specifically focuses on the buying and selling of goods and services online, including the transactions and processes involved in these activities.
In summary, e-business encompasses all aspects of managing a business online, while e-commerce focuses on the online sales and purchasing aspect of a business.

Learn more about E-commerce : https://brainly.com/question/31260442

#SPJ11

In this activity, we discuss consumer preferences in the context of McDonald's unveiling its meatless patty called "McPlant" and the growing market for meatless meat. Consumer shopping preferences for food and purchasing decisions can be driven by various factors such as taste, health, environmental impact, and personal beliefs.

1. Reflect on your current food preferences: Consider the types of food you typically buy and consume. Are you inclined towards plant-based, animal-based, or a mix of both products?

2. Identify the factors influencing your decisions: Determine what factors drive your purchasing decisions, such as taste, nutrition, price, convenience, or ethical considerations.

3. Assess changes over time: Think about how your preferences have evolved throughout your life. Have you shifted towards or away from certain food types or choices due to changes in your lifestyle, health, or beliefs?

4. Explain your preferences: Analyze the reasons behind your preferences and the changes you've experienced over time.

By following these steps, you can gain a better understanding of your consumer shopping preferences for food and the factors that drive your purchasing decisions. Additionally, you can reflect on how your preferences have changed over time and the reasons behind those changes.

To know more about Consumer   visit:

https://brainly.com/question/15582462

#SPJ11

Answer:

people simply quit looking for jobs.

Explanation:

In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.

PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.

Diversification method is used by investors to minimize the risks associated with one single class of assets investment over a long period of time.

Diversification is an investment strategy that mixes a wide variety of investments from different categories within a portfolio.

Hence, PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.

Learn more about diversification here:  https://brainly.com/question/15200267

Benchmarking lets an organization know where it stands competitively in its industry.

Dera Diamonds Inc. is an example of customization.

The process of benchmarking involves comparing business operations and performance indicators to industry standards and other businesses' best practices. Quality, time, and money are the three main metrics used in the measurement. This process is done by comparing a company's performance to that of another company that is thought to be the best in the industry, or "best in class,".

Benchmarking is the process of evaluating a company's products, services, or processes. Finding internal opportunities for improvement is the goal of benchmarking. Performance, external, internal, and internal practice benchmarking are the four basic categories. With the goal of achieving continuous improvement, benchmarking is a tool for evaluating and comparing performance.

To learn more about benchmarking, visit:

https://brainly.com/question/15572505

#SPJ1

The statement is True. Rent controls are a typical example of a price ceiling.

A price ceiling continues a charge from rising above a positive stage—the “ceiling”. A price ground continues a price from falling below a sure level—the “floor”. we are able to use the demand and supply framework to recognize fee ceilings. in many markets for items and services, demanders outnumber suppliers.

A price ceiling is a central authority- or institution-imposed charge manipulation, or restriction, on how excessive a fee is charged for a product, commodity, or carrier. Governments use price ceilings ostensibly to guard purchasers against situations that could make commodities prohibitively luxurious. further problems can arise if a government sets unrealistic rate ceilings, causing enterprise disasters, stock crashes, or maybe monetary crises. In unregulated marketplace economies, rate ceilings do now not exist.

To learn more about Price ceiling visit here:

brainly.com/question/28018539

#SPJ4

Answer: 8.60%

Explanation:

Given the following :

Current debt-equity ratio = 0.52

Target debt-equity ratio = 0.45

Cost of floating equity = 9.5%

Floatation cost of debt = 6.6%

The Weighted average cost is calculated by finding the Weighted average cost of both debt and equity.

1 + 0.45 = 1.45

Weight of debt= 0.45/ 1.45 =0.31034

Weight * cost of debt

0.31034 × 6.6% = 2.0482758

Weight of equity = 1/1.45 = 0.6896551

Weight * cost of equity

0.6896551 × 9.5% = 6.5517241

Sum of both

(6.55 + 2.05) % = 8.60%