Answer:
The answer is 48.37
Explanation:
Future value (FV) = $220,000
Present value(PV) = $33,000
Interest rate(i) = 4 percent.
Number of years(N)= ?
Using the Texas BA II Plus financial calculator:
FV = 220,000; PV = - 33,000; I/Y= 4;
CPT N= 48.37
Therefore, the number of years is 48.37 years. It will take him 48.37 years to invest $33,000 today at a 4 percent rate in order to buy the car at a cost of $220,000
Answer:
D) foreign; domestic
Explanation:
The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.
Answer:
DR Allowance for Doubtful Accounts 2,000
CR Accounts Receivable—A. Hopkins 2,000
Explanation:
Because Gideon uses the allowance method, when a debt is written off, it will be written off from the allowance that was created for doubtful debts instead of directly to the bad debt account.
Accounts Receivable will be credited to show that it is decreasing and Allowance for Doubtful debt will be debited because expenses are debited when they increase.
Answer:
Disturbance Handler
Decisional
Explanation:
Sometimes employees have different opinions about how things should be done, or simply have a personality conflict, and then Candace fulfills the disturbance handler role of management, resolving the dispute. This is part of the decisional component
