<span>D. any assets that can easily be used to purchases goods and services
</span>
Answer:
The correct answer is E.
Explanation:
Giving the following information:
Your bank account pays an 8% nominal rate of interest. The interest is compounded quarterly.
Periodic rate= 8% / 4= 2%
The effective rate is= (1+i)^n-1= (1.02^4)-1= 0.0824= 8.24%
The rate is greater because the interest gets "reinvested" earlier.
Answer:
The correct answer is $688
Explanation:
According to the given scenario, the calculation of total pay last week is as follows:
Total hours worked is 42 hours out of which normal hours is 40 and 2 hours is overtime
So,
= 40 hours × $16 + 2 hours × ($16 + $16 ÷ 2)
= $640 + 2 hours × $24
= $640 + 48
= $688
hence, the total pay last week is $688
Answer:
Explanation:
The four transactions will be recorded in the general journal as follows:
1) Debit cash $12,000
Credit common stock $12,000
(To record the sale of common stock)
2) Debit purchases $5,600
Credit cash $5,600
(To record purchase of inventory in cash)
3) Debit cash $5,712
Credit sales $3,360
Credit gross profit $2,352
(To record the sale of inventory in cash)
4) Debit advertising expenses $650
Credit cash $650
(To record the payment of advertising expenses in cash)
In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for <span><em>activities</em></span>