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Lilit [14]
2 years ago
13

if you earn 8% per year on your bank account, how long will it take for an account with $115 to double to $230?

Business
1 answer:
Leto [7]2 years ago
6 0

Answer:

3

Explanation:

Step 1: 115×0.8=92

Step 2: 230÷92=2.5

Step 3: If the number after the decimal point is 5 or more you round the decimal to the nearest whole number.

Step 4: Answer = 3

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An analyst in the corporate finance department at Chase Manhattan Bank has been assigned to an interdepartmental project involvi
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This sort of organizational structure is called a matrix structure.

<u>Explanation:</u>

The representation of a corporation in which monitoring interactions are defined as a grid, or matrix, instead of in conventional hierarchies is understood as a matrix organizational framework. In another terms, workers have multiple responsibilities to report-usually both to a functional boss and to a manager of commodity. Here analyst at Chase Manhattan Bank's corporate finance division has been allocated to an interdepartmental project involving a large client. Thus he need to answer two separate bosses from his department and project manager.

5 0
3 years ago
Acquired $60,000 cash from the issue of common stock. Received an $8,200 cash advance for services to be provided in the future.
emmainna [20.7K]

Answer:

<u>TRIAL BALANCE:</u>

                   Debit Credit

Cash            79600

AR                       7500

Supplies                  400

slaries expense 3100

op- expense        16100

supplies expense 1600

dividends        2000

Account Payable               3000

saalaries expense                3100

Unearned Revenue               5100

Common Stock             60000

Service revenue              39100

                       110300    110300

Explanation:

We have to record eahc time an accoutn is used and once we got all transactions we determiante the balance

Cash

Debit Credit

60000

8200

28500

        15100

        2000

<u>96700 17100</u>

<em>79600</em>

AR

Debit Credit

36000

<u>        28500</u>

7500

Supplies

Debit Credit

2000

<u>         1600</u>

 400

salaries expense op- expense supplies expense

Debit Credit    Debit Credit Debit Credit

3100        16100          1600

Account Payable

Debit Credit

       2000

       16100

15100

<u>15100  18100    </u>

        3000

Salaries Payable

Debit Credit

         3100

Unearned Revenue

Debit Credit

        8200

<u>3100               </u>

        5100

Common Stock

Debit Credit

       60000

Service revenue

Debit         Credit

      36000

<u>          3100   </u>

        39100

Then we construct the trial balance which all these account balance.

5 0
3 years ago
A sandwich maker is needed in the deli restaurant. His job is to put together the sandwiches customers order. What type of resou
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Answer:

The answer is human resource.

Explanation:

I hope this helps!

3 0
3 years ago
Read 2 more answers
Customers should not expect a company to keep their information confidential true or false
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The answer would be false.
5 0
1 year ago
Insurance is only used by businesses True or False
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Answer:

false

Explanation:

everyone uses insurance

3 0
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