Answer:
$15,251.73
Explanation:
The full question is "Daisy just took out a $24,000 bank loan to help purchase her dream car. The bank offered a 5-year loan at a 6% APR. The loan will feature monthly payments and monthly compounding of interest. Suppose that Daisy would like to pay off her car loan's remaining balance at the end of the second year (after 24 payments). What is Daisy's payoff amount? "
PV = 24,000
Loan years = 5
Rate = 6%
Payoff after years = 2
Monthly payment = PMT(0.06/12, 12*5, -24,000)
Monthly payment = PMT(0.005, 60, -24,000)
Monthly payment = $463.99
Payoff Amount = FV(0.06/12, 12*2, $463.99, -24,000)
Payoff Amount = FV(0.005, 24, $463.99, -24,000)
Payoff Amount = $15,251.73
JJ Construction Inc. entered into a contract with a customer to build a movable storage facility on January 1, 2020, for $1,500,000. JJ Construction Inc. owns the work in process and constructs this type of storage unit for a number of customers. The customer made a down payment of 10% of the project, with an additional 10% due at the end of year one and the remaining due when it takes control of the facility. The facility is expected to be completed in two years for a total cost of $1,200,000. Actual costs incurred through December 31, 2020, are $500,000. Determine the amount of revenue to record in 2020.
Based on the information given the amount of revenue to record in 2020 is: $630,000.
RevenueFirst step is to calculate the % of work completed by December 31, 2020
% of work completed by December 31, 2020 = Actual cost incurred / Total estimated costs
% of work completed by December 31, 2020=$500,000 / $1,200,000
% of work completed by December 31, 2020=41.6%
% of work completed by December 31, 2020= 42%(Approximately)
Now let calculate the amount of revenue to record in 2020
Amount of revenue to record in 2020 = Total contract price×% completion
Amount of revenue to record in 2020 = $1,500,000×42%
Amount of revenue to record in 2020 = $630,000
Therefore the amount of revenue to record in 2020 assuming that the cost-to-cost method is used is $630,000.
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analyse the impact of monitoring and evaluating quality processes on the motor industry
Effective monitoring and evaluation of quality processes can have a positive impact on the motor industry by improving product quality, customer satisfaction, and competitiveness. However, this requires a commitment to continuous improvement and a willingness to invest in quality management systems and processes.
Monitoring and evaluating quality processes have become increasingly important in the motor industry, especially as customers demand higher levels of quality, safety, and reliability in their vehicles. By implementing effective quality management systems, automakers can improve their manufacturing processes, reduce defects and recalls, and increase customer satisfaction and loyalty.
Effective monitoring and evaluation of quality processes can also help automakers identify and address potential issues before they become major problems, saving time and costs in the long run. This can also lead to a more efficient production process, reducing waste and improving overall productivity.
Also, monitoring and evaluating quality processes can also help automakers comply with industry regulations and standards, ensuring that their products meet the required safety and environmental requirements.
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1. What is the future value of £125, if it were invested today at a compound interest rate
of 4% for a period of 8 years?
A. £91.34
B. £125.00
C. £165.00
D. £171.07
E. £1844.74
Future value would be £171.07 with compound interest
Therefore option d. is correct
To calculate future value of a amount formula given below is used
FV = P( 1 + i)^n
where P is Principal, i is rate of interest and n is number of term
FV = £125 (1 + 0.04)^8
FV = £125 x 1.3685
FV = £171.07
What is compound interest?
Compound interest simply refers to the fact that an investment, loan, or bank account's interest accrues exponentially over time as opposed to linearly over time.
Compound interest, also known as interest on principal and interest, is the practise of adding interest to the principal amount of a loan or deposit.
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Please help, I cant figure out my assignment!!!
Identify which side of the market for new automobiles is affected (demand or supply), how is it affected (increase or decrease), what happens to equilibrium price and quantity exchanged due to each of the following changes separately. (You don’t need to draw a graph unless it really makes your life easier)
a) Car insurance rates increases.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
b) Price of steel increases.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
c) Price of public transportation increases.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
d) A new technology is developed that makes car production twice as fast as it used to be.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
e) A flourishing economy increases consumers’ incomes.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
f) Producers expect car prices to rise in the near future.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
g) Consumers expect car prices to rise in the near future.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
h) Consumers suddenly become more concerned about environment.
supply or demand
increase or decrease
market price increase or decrease
market quantity increase or decrease
a) Car insurance rates increases.
- Side of the market affected: Demand
- How it is affected: Decrease
- Effect on equilibrium price: Decrease
- Effect on quantity exchanged: Decrease
b) Price of steel increases.
- Side of the market affected: Supply
- How it is affected: Decrease
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Decrease
c) Price of public transportation increases.
- Side of the market affected: Demand
- How it is affected: Decrease
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Decrease
d) A new technology is developed that makes car production twice as fast as it used to be.
- Side of the market affected: Supply
- How it is affected: Increase
- Effect on equilibrium price: Decrease
- Effect on quantity exchanged: Increase
e) A flourishing economy increases consumers' incomes.
- Side of the market affected: Demand
- How it is affected: Increase
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Increase
f) Producers expect car prices to rise in the near future.
- Side of the market affected: Supply
- How it is affected: Decrease
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Decrease
g) Consumers expect car prices to rise in the near future.
- Side of the market affected: Demand
- How it is affected: Increase
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Increase
h) Consumers suddenly become more concerned about the environment.
- Side of the market affected: Demand
- How it is affected: Increase
- Effect on equilibrium price: Increase
- Effect on quantity exchanged: Increase
a) When car insurance rates increase, it affects the demand for new automobiles. The increase in car insurance rates makes it more expensive for individuals to own and operate a car, leading to a decrease in demand. As a result, the equilibrium price in the market decreases, and the quantity exchanged also decreases.
b) If the price of steel increases, it affects the supply side of the market for new automobiles. The increase in the price of steel, which is a key input in car production, raises the production costs for car manufacturers. This decrease in supply leads to an increase in the equilibrium price and a decrease in the quantity exchanged.
c) When the price of public transportation increases, it affects the demand for new automobiles. The higher cost of using public transportation makes owning a car relatively more attractive, increasing the demand for automobiles. This increase in demand results in an increase in the equilibrium price and a decrease in the quantity exchanged.
d) The development of new technology that makes car production twice as fast affects the supply side of the market. The increased efficiency in car production leads to a higher supply of cars at any given price. This increase in supply leads to a decrease in the equilibrium price and an increase in the quantity exchanged.
e) A flourishing economy with increased consumers' incomes affects the demand for new automobiles. With higher incomes, consumers have more purchasing power, which increases the demand for cars. This increase in demand raises the equilibrium price and quantity exchanged in the market.
f) When producers expect car prices to rise in the near future, it affects the supply side of the market. Producers reduce the current supply of cars, anticipating higher prices in the future. This decrease in supply leads to an increase in the equilibrium price and a decrease in the quantity exchanged.
g) If consumers expect car prices to rise in the near future, it affects the demand for new automobiles. The expectation of higher prices motivates consumers to buy cars sooner, increasing the current demand.
This increase in demand results in an increase in the equilibrium price and quantity exchanged.
h) When consumers suddenly become more concerned about the environment, it affects the demand for new automobiles. The increased environmental awareness leads to a higher demand for environmentally-friendly cars or alternative modes of transportation. This increase in demand raises the equilibrium price and quantity exchanged in the market.
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Explain other advantages of the autociatic leadership style. se Se busines
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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To help audiences understand large amounts of information, which visuals are the most suitable?
different between isoquant and isocost
A firm's current profits are $650,000. These profits are expected to grow indefinitely at a constant annual rate of 5 percent. If the firm's opportunity cost of funds is 7 percent, determine the value of the firm:
Answer:
a. Value before dividends are paid out;
= Current Profits * ( 1 + opportunity cost of funds) / ( Opportunity cost - growth rate)
= 650,000 * ( 1 + 0.07) / 0.07 - 0.05)
= $34,775,000
= $34.775 million
b. Value after dividends
= Current Profits * ( 1 + growth rate) / ( Opportunity cost - growth rate)
= 650,000 * ( 1 + 0.05) / 0.07 - 0.05)
= $34,125,000
= $34.125 million
What is the Importance of Public Personnel Management?
Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.
The importance of public personnel management can be understood from several perspectives:
1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.
2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.
3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.
4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.
5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.
6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.
In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.
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If the equilibrium price for tickets to a a Lady Antebellum concert is $100 each and they sell them for $85,
Answer: you save $15
Explanation: 100-85 is 15 and the tickets are selling for $85 instead of original price
Explanation:
The cost of an items is 200. what will be the cost of 50 such. write a simple program
Lecture Questions
Question 1
The Baker Company manufactures a product in a single process. The following information is
available:
Input material 5,000 kilos valued at $18,000
Material added $4,000
Direct labour cost incurred $14,000
Manufacturing overhead incurred $20,500
Normal losses 10% of input
Scrap value of losses $5.00 per unit
Units completed and transferred out 4,300 units
i) Calculate the cost per completed unit
ii) What is the value of the units completed and transferred to finished goods?
iii) What is the value of the unexpected losses?
iv) What is the manufacturer’s true loss?
v) Prepare the journal entries necessary to record the assignment of direct materials and
direct labour and the allocation of manufacturing overhead to the process. Also, give
the journal entries for the transfer of units completed to Finished Goods Inventory.
The following are the questions' answers:
$12.56 is the price per finished product.$54,008 is the total cost of finished and transferred units.Losses at scrap value equal $1,000.The real loss to the manufacturer is $5,280.What precisely are anticipated and unanticipated losses?The amount a bank anticipates losing when offering credit to its customers on average over a predetermined time period is known as the expected loss. Unexpected loss is the term used to describe how unpredictable credit losses are in comparison to their forecasted loss. After estimating its expected loss, a bank sets up credit reserves.
i) Calculate the cost per completed unit:
To calculate the cost per finished unit, we must first calculate the total cost of production and divide it by the number of finished units.
Total cost of production = Input material cost + Material added + Direct labour cost + manufacturing costs
= $18,000 + $4,000 + $14,000 + $20,500
= $56,500
Normal loss = 10% of input = 0.10 * 5,000 kilos = 500 kilos
Actual completed units = Total input units - Normal loss units = 5,000 - 500 = 4,500 kilos
Cost per completed unit = Total production expense / actual finished products
= $56,500 / 4,500
= $12.56
ii)
Value of finished and transferred units = Total number of finished and transferred units X Price per finished item
= 4,300 * $12.56
= $54,008
iii)
Given that the real number of finished units is 4,500 and the typical loss is 10% of input, the actual loss is 200 kg. (5,000 input units - 4,300 completed and transferred out - 500 normal loss units).
Scrap value of losses = 200 units X $5.00 per unit
= $1,000
iv)
real loss to the manufacturer = (Normal losses X Cost per completed (unit)) - Scrap value of unexpected losses
= (500 units * $12.56) - $1,000
= $6,280 - $1,000
= $5,280
v)
Choosing a direct material:
Work in Process Inventory- (dr.) $22,000
Raw Materials Inventory $22,000
Providing direct labor:
Work in Process Inventory- (dr.) $14,000
Wages Payable $14,000
Cost of manufacturing overhead distribution:
Work in Process Inventory- (dr.) $20,500
Manufacturing Overhead $20,500
Transfer of finished units to the Inventory of Finished Goods:
Finished Goods Inventory- (dr.) $54,008
Work in Process Inventory $54,008
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What can a credit freeze accomplish that a fraud alert cannot? A credit freeze can remove any inaccurate or fraudulent information. A credit freeze can allow your credit report to be visible. A credit freeze can prevent anyone from viewing your credit report. A credit freeze can stop someone from opening an account in your name.
Answer: A credit freeze can stop someone from opening an account in your name.
Explanation:
A credit freeze accomplishes that a fraud alert cannot, is that A credit freeze can stop someone from opening an account in your name. Thus, option (D) is correct.
What is a Credit freeze?A credit freeze is the technique which enables a person to limit the sale of personal financial data identifying information by a consumer reporting agency. The consumer reporting agency's data is locked by a credit freeze until the person authorizes its release.
It is the facility provided by the agency to secure the personal financial information to kept safe and secure. It is necessary for every person to credit freeze the financial information.
Therefore, it can be concluded that A credit freeze can prevent someone from opening an account in your name, which is something a fraud alert cannot do. Hence, option (D) is correct.
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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
a. Cash used for purchase of office supplies, $2,400.
b. Cash provided from consulting to customers, $50,600.
c. Cash used for purchase of mining equipment, $83,000.
d. Cash provided from long-term borrowing, $70,000.
e. Cash used for payment of employee salaries, $25,000.
f. Cash used for payment of office rent, $13,000.
g. Cash provided from sale of equipment purchased in c. above, $23,500.
h. Cash used to repay a portion of the long-term borrowing in d. above, $45,000.
i. Cash used to pay office utilities, $5,300.
j. Purchase of company vehicle, paying $11,000 cash.
Required:
Calculate cash flows from investing activities.
Answer: -$70,500
Explanation:
Cashflows from investing activities are those that are related to the acquisition or sale of fixed assets as well as transactions involving securities owned by other companies.
Cashflows from Investing Activities are:
Cash used for purchase of mining equipment -83,000
Cash provided from sale of equipment purchased in c. above +23,500
Purchase of company vehicle -11,000
Net Cashflow from Investing activities -$70,500
The 80/20 rule is most closely related to which basis of segmentation?
A. geographic
B. psychographic
C. opportunistic
D. demographic
E. behavioral
The 80/20 rule is most closely related to behavioral basis of segmentation.
What is the 80/20 rule ?
According to the Pareto Principle, sometimes known as the 80/20 rule, for many phenomena, 80% of the outcome results from 20% of the work. The economic theorist Vilfredo Pareto, who observed that 20% of Italy's population owned nearly 80% of the country's land in 1895, gave the idea its name.
According to the Pareto principle, 20% of causes account for about 80% of the consequences for many outcomes. In other words, only a small proportion of causes result in disproportionate effects. Understanding this idea is crucial because it will enable you to decide which projects to prioritize in order to have the biggest impact.
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Who can help with these question serious answers please will give brainliest
Describe the key differences between raster-based and vector-based graphics.
Describe the main differences between 2D and 3D images. Provide at least one example of each, as well as an example of the software used for creating and editing them.
Imagine a client asked you to create a billboard to promote their new line of hair care products. Describe the tools and specific elements that you would use to create this image.
Imagine that you were hired to create the label for a new brand of soup. The client wants to emphasize that the soup has homemade flavor. Describe the tools and specific elements that you would use to create this image.
Describe a situation in which you might use anti-aliasing on an image.
Answer:
1) Vector graphics are digital photos that are rendered by a computer using a mathematical formula. Raster images are made up of tiny pixels making them dependent on the resolution of the device and best used for creating photos. This tells me that if I scale a vector image, it will keep a good, smooth, un-pixelated appearance, but if I did this to a raster image will become very pixelated.
2) 2D is "flat", using X and Y dimensions, and since the image has only two dimensions if it is turned on its side it will become a line. Whereas 3D adds depth to the image and this image can be rotated to see different views and perspectives. A sheet of paper is considered a form of a 2D shape, whereas a triangular prism is 3D because you can see all different angles and perspectives, then just one. Adobe animate is a popular software for creating 2D images, where as cinema 4d is used for 3D images.
3) To create a hairline product advertisement, I would need to include some 3D images of the product as it will bring more of the viewers attention. I would need to have great color balance and composition, so nothing looks cluttered and stuffed together or looks overcrowded. I would need to have a good composition with my font as well as balancing the colors so that the font compliments it.
4) To create a new soup product advertisement, I would need to include some images of the product as well as how it’s being made since it is a homemade soup. I would need to incorporate in some type of way that it is a homemade soup so I would make a space where I could emphasize that with a font that will fit the mood of homemade soup.
5) I believe that anti-aliasing would come in handy when I’m playing a video game and I want to boost my resolution to eliminate small jaggies, but there isn’t an option to do so here is where I can use anti-aliasing.
Explanation: Built Different
roups such as human resources, information systems, purchasing agents, and maintenance are typically classified as:A. Project managersB. Administrative supportC. Functional managersD. Project sponsorsE. Customers
Groups such as human resources, information systems, purchasing agents, and maintenance are typically classified as: Administrative Support.
What is maintenance?The main scope of regular maintenance is to make sure that all equipment required for production is operating at full efficiency at all times. The 6 different types of Administrative Support are: Predicted maintenance, preventive maintenance, reactive maintenance, condition-based maintenance, predictive maintenance, reactive maintenance. Maintenance can generally be defined as efforts to keep a machine in the same condition and Administrative Support as when it was new.Maintenance work is basically divided into two parts: Planned and unplanned maintenance activities. Maintenance is scheduled, like an oil change, whereas service is when you need to fix or adjust something specific outside of the normal maintenance schedule. It's a really small difference, but important.To learn more about maintenance from the given link :
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Question:
Groups such as human resources, information systems, purchasing agents, and maintenance are
typically classified as:
A. Project managers
B. Administrative support
C. Functional managers
D. Project sponsors
E. Customers
Which of these are advantages of increasing your market
share? (Select three answers.)
Building your reputation
Inspiring competition
Limiting capacity
Lowering costs through economies of scale
Increasing sales in slow markets
Unprofitable customers
Answer:
The three advantages of increasing market share are as follows:
Explanation:
1. Building your reputation:
Reputation in business terminology is called "Goodwill". Goodwill is measured in monetary terms and is shown on the assets side of the balance sheet. Higher goodwill indicates a higher reputation of the firm which in turn attracts potential buyers of the shares.
2. Lowering costs through economies of scale:
Lowering costs through economies of scale maximizes the profit, and the higher profits higher the dividends, and the higher dividends increase the demand for shares in the market.
3. Inspiring competition:
Inspiring competition tells the external and internal users of the company what makes them different from its competitors and when you stand unique from others in the market the market price of the share increases.
Question 3 (20 marks)
1. You need $3,000 to buy a new stereo for your car in 3 years. What value you must have now if the compounded annually return is 10%.
2. Your grandfather placed $5,000 in a trust fund for you. In 12 years what will be the worth of the savings. If the estimated rate of return on the trust fund is 8%?
1. At 10% compounded interest for three years, the value of investing $3,000 to buy new audio for your automobile is $2,253.94.
2. Compound interest on a $5,000.00 principal at an annual rate of 8% compounded once a year for 12 years equals $12,590.85.
What are the calculation steps?Calculation of Compound interest
Given Data
Principal = $5,000
Time = 12 years
Rate = 8%
Assuming a compounded interest approach
A = P + I
where;
P (principal) = $5,000.00
I (interest) = $7,590.85
Calculation Steps:
First, convert R as a percent to "r" as a "decimal"
\(r = \frac{R}{100}\\\\r = \frac{8}{100}\\\\r = 0.08 \text{ rate per year}\)
Then solve the "equation for A"
\(A = P(1 + \frac{r}{n}) nt\\\\A = 5,000.00(1 + \frac{0.08}{1})(1)(12)\\\\A = 5,000.00(1 + 0.08)(12)\\\\A = 12,590.85\)
Thus, at 10% compounded interest for three years, the value of investing $3,000 to buy a new radio for your car is $2,253.94, whereas the fund in which the grandfather invested $5,000 at an 8% rate of return will be worth $12,590.85 in 12 years.
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a corporation has taken out a loan to finance a new operation. What is the name of that type of financing called? A .Collateral financing B. debt financing C. bank financing D. retained earnings financing?
Since the corporation took out a loan, the name of that type of financing is called debt financing.
What are the two major funding options for corporations?The two primary funding options for corporations are debt financing and equity financing.
Debt financing entails taking a loan from a bank or selling fixed-income securities like bonds.
Equity financing is the practice of raising funds through the selling of shares.
As the corporation took out a loan, the name of that type of financing is called debt financing.
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Dextra Computing sells merchandise for $9,000 cash on September 30 (cost of merchandise is $7,200). Dextra collects 7% sales tax. Record the entry for the $9,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15.
View transaction list
Journal entry worksheet
Record the cash sales and 9% sales tax.
Note: Enter debits before credits.
Date General Journal Debit Credit
Sep 30
Record entry Clear entry View general journal
Answer:
Sept 30
DR Cash ........................... $9,630
CR Sales ..........................................$9,000
CR Sales Tax Payable...................$630
(To record Sales and Sales taxes)
Working
Cash = 9,000 + (9,000 * 7%)
= $9,630
Sales tax = 9,630 - 9,000
= $630
Sept 30
DR Cost of Goods Sold .....................$7,200
CR Merchandise Inventory ...................................$7,200
(To record cost of goods sold)
Oct 15
DR Sales Tax Payable...........................$630
CR Cash...............................................................$630
(To record remittance of Sales Tax)
Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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(a) Explain the marketing strategies Sanders ventured in ensuring that his business became global
Sanders ventured in creating a consistent and strong brand culture ensuring his business became global market.
For businesses expanding globally, building a powerful, enduring brand that customers are always able to recognize is a top concern. Brand structure has evolved into more of a brand culture as the internet has grown and expanded. To be more precise, it is increasingly common these days for the business you support to be representative of your culture. If you sacrifice your brand culture, it could be detrimental.
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What is a retail Growth potential?
Answer:
decisions related to allocating available resources among different target markets and retail formats
Explanation:
the income statement is prepared first because the net income amount is a line item on the balance sheet.T/F
Because net income is a line item on the balance sheet, the income statement is created first. The assertion is accurate.
Is your salary based on net income?
Your total income before taxes and other deductions, or gross income, is what you see on your pay stub. Net income is your take-home pay, or the money that is still in your account after all withholdings and taxes have been paid. The net income deductions might include a variety of expenses, including as taxes, employee benefit premiums, and wage garnishments.
What distinctions are there between gross and net income?
The amount of an employee's income that remains after payroll deductions for expenses like taxes, benefits, and other charges is known as gross pay. After all estimated taxes have been taken out, what is left over is referred to as net pay or take-home pay..
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According to the Enterprise case study In a compettive market, what does
enterprise do differently to attract
high-quality candidate.
The enterprises utilize different methods in a competitive market to tempt high-quality candidates. They use methods of production, advertising through different media, make use of career fairs, and numerous other ways.
Who are high-quality candidates?"High-quality candidates" exist described as individuals who exist well-qualified for the position and who will likely remain a part of the company for a longer duration to create appreciable contributions to its objectives.
The enterprises require to be diverse and innovative to be capable to attract high-quality candidates for their companies to fulfilling their vacuities. They utilize the opportunity to advertise through different forms of media.They look for providing presentations in different places and universities for choosing the candidates. they connect with various organizations and clubs for getting to the diverse candidates.Some companies link with candidates through job fairs and by organizing various kinds of talent and skill sessions. There exist lectures provided by top executives of the company and they exist available for responding to queries and mentoring the candidates.To learn more about High-quality candidates refer to:
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Jeff, a 52% owner of an S corporation, has a stock basis of zero at the beginning of the year. Jeff's basis in a $10,000 loan made to the corporation and evidenced by a corporate note has been reduced to zero by pass-through losses. During the year, his net share of the corporate taxable income is $11,000. At the end of the year, Jeff receives a $15,000 cash distribution.
Discuss the tax effects of the distribution.
Answer:
See below
Explanation:
In order to restore any reduction in loan basis, only the net increase is applied in line with section 1367(b)(Adjustment to basis of stocks of shareholders).
What this means is that there is no net increase regarding the information given above I.e ($11,000 - $15,000).
We can safely conclude that there is $11,000 tax free income since the stock basis has been increased by $11,000. There is also a $4,000 capital gain.
I actually want to delete the question. How can I do that?
An account is a record of increases and in a specific asset, liability, equity, revenue or expense.
An account is a record of every transaction, whether it increases or decreases the value of a specific asset, liability, equity, revenue, or expense.
What is an account?An Account is a systematic way to record all the necessary transactions relating to a specific asset, liability, equity, revenue, or expense.
An account contains all types of transactions, whether related to financial or non-financial.
Thus, an account records all types of transactions that will increase or decrease the value of the specific asset, liability, equity, revenue, and expense.
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A schedule or curve that shows the total quantity of output (real GDP) demanded at alternative price levels in a given time period, ceteris paribus is called_?
Aggregate demand
Which is the real GDP demanded at alternative price levels in a given time period.
I hope this helps! :)
A sole proprietorship has limited sources of funds, which may affect the growth of the business.
True
False
Answer:
true
Explanation: