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2 years ago

How is compound interest different from simple interest?

Business

1 answer:

hammer [34]2 years ago

4 0

Answer: How is compound interest different from simple interest?

Explanation: Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.

You welcome

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What does an organization use to manage its operations across several industries and several markets simultaneously? a. Tactical

Papessa [141]

The strategy an organization employs to manage its operations across several industries and several markets simultaneously is called Corporate-level strategy.

<h3>What is the Corporate-level strategy?</h3>

A corporate-level strategy is a decision made to achieve a competitive and strategic advantage by selecting and managing a diverse set of firms that compete in a variety of sectors or product marketplaces.

A business organization is a business environment where business activities take place.

The three levels of strategy utilized in a business organization are:

Business level strategy
Functional level strategy
Corporate level strategy

Therefore, we can conclude that the Corporate-level strategy is the strategy that an organization employs to manage its operations across several industries.

Learn more about the Corporate-level strategy here:

brainly.com/question/24845876

5 0

3 years ago

Trump Company issued $200,000 of bonds payable at face value on March 1, 2016. The bonds were authorized on January 1, 2016, wit

svetlana [45]

Answer:

I beeleev yowr ansr iz tin

Explanation:

i have a bog grain

7 0

3 years ago

Which of the following is true of a person with a high credit score?

Nikolay [14]

They always pay their bills on time or early. They are not at risk for a loan.

6 0

4 years ago

In its most recent financial statements, Nessler Inc. reported $55 million of net income and $770 million of retained earnings.

GrogVix [38]

Answer:

The $1,000,000 is the dividend amount which were paid to shareholders during the year

Explanation:

The computation of the dividend paid is shown below

As we know that,

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

$770,000,000 = $716,000,000 + $55,000,0000 - dividend paid

$770,000,000 = $771,000,000 - dividend paid

So, dividend paid = $1,000,000

3 0

3 years ago

The production team for Take Eight, Inc., a manufacturer of pillow top mattresses, recently prepared a manufacturing cost budg

prisoha [69]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

50,000 mattresses, as follows: Direct Materials $100,000 Direct Labor $50,000 Variable Overhead $75,000 Fixed Overhead $100,000 Actual costs incurred during the production of 60,000 mattresses were; direct materials, $110,000; direct labor, $60,000; variable overhead, $100,000; and fixed overhead, $97,000.

Variable Manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity

Variable Manufacturing overhead spending variance= (1.5 - 1.6667)*60,000= $10,000 unfavorable

Fixed overhead variance= 100,000 - 97,000= 3,000 favorable

Total MOH variance= 7,000 unfavorable

3 0

3 years ago