1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
seropon [69]
1 year ago
9

Which of the following is an example of earning interest?

Business
1 answer:
Studentka2010 [4]1 year ago
5 0

Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.

The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.

A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.

Learn more about earning interest here:

brainly.com/question/4407546

#SPJ1

You might be interested in
A company purchased land for $90,000 cash. real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol
Fed [463]

Based in the historical cost principle, the total cost of the land would be the summation of all cost, either direct or indirect.

Therefore it would be:

Cost of Land = $90,000 cash + $5,000 commission + $7,000 demolishing

Cost of Land = $102,000

 

<span> </span>

3 0
3 years ago
Growing chocolate is important to West African economies but they do not make as much money as the multinational companies that
kupik [55]

Answer: The name of the ghanaian brand is "57 chocolate"

Explanation:

57 Chocolate belongs to two sisters

Priscilla and Kimberly Addison, the creators of 57 chocolate, made in Ghana by Ghanaians, for Ghanaians. Their chocolates which come in dark, milk, white chocolate, mocha latte and bissap flavours are uniquely packaged in adinkra symbol shapes. and is the pioneer bean to bar chocolate business in Ghana. This venture uses resources grown within the country to create delicious chocolate

7 0
2 years ago
Calico Corporation produced 2 comma 500 units in Job 903. The following data is provided for Job 903 for the​ year: Direct mater
geniusboy [140]

Answer:

The total cost of Job​ 903 is $5,073.20

Explanation:

The computation of the total cost is shown below:

= Direct material used + Direct labor cost + overhead cost  (Predetermined manufacturing overhead rate per direct labor hour ×  Direct labor hours used in Job 903)

= $3,200 + $1,092 + ($18.60 × 42 labor hours)

= $3,200 + $1,092 + $781.20

= $5,073.20

7 0
3 years ago
Which statement best explains how manufacturers contributed to the economic slow down that lead to the Great Depression
Alex_Xolod [135]
They were overproducing goods
7 0
2 years ago
Explain how the government is both a consumer and a producer and give one example of th
natita [175]
The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.
3 0
3 years ago
Other questions:
  • Complete the sentences to identify the primary and secondary audience of Lee’s business message.
    13·1 answer
  • Large companies such as Walmart, IBM, and Ford are classified as A. S-corporations. B. C-corporations. C. limited liability comp
    5·2 answers
  • In Japan, suppose Honda’s export price per vehicle is ¥4,000,000 and that the exchange rate is ¥125/$. The one-year Japanese yen
    12·1 answer
  • Ben owns a lawn care business. from experience, ben has found that john deere equipment lasts almost twice as long as competitor
    12·1 answer
  • Cashier's checks are generally required for
    8·1 answer
  • Potatoes cost Janice $1.25 per pound, and she has $5.00 that she could possibly spend on potatoes or other items. Suppose she fe
    12·1 answer
  • All of the following are accurate statements EXCEPT: A. Retirement can be gradual. B. Retirement can be sudden. C. Retirement la
    11·1 answer
  • Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm b
    6·1 answer
  • Which term describes assets generated through operations that have been reinvested into the business?.
    8·1 answer
  • After World War I and the Great Depression, consumers purchased far less. To address overproduction, companies relied on adverti
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!