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2 years ago

organizations design and implement systems to capture the details of transactions involved in each business

1 answer:

4 0

Organizations design and implement accounting information systems to capture the details of transactions involved in each business.

<h3>What is accounting information?</h3>

Accounting information is fed into an accounting information system that uses computers to process data. It records and tracks all the accounting activity of the business by making use of information technology systems and resources.

to know more about accounting information go to the given link:

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One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the

Darya [45]

Answer:

PV= $22,677.03

Explanation:

Giving the following formula:

Number of periods (n)= 9 years

Annual payment (A)= $3,800

Discount rate (i)= 12%

<u>First, we will calculate the future value of the payments using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}

FV= 56,147.49 + 6,737.7

FV= $62,885.19

<u>Now, the present value:</u>

PV= FV / (1 + i)^n

PV= 62,885.19 / (1.12^9)

PV= $22,677.03

5 0

3 years ago

You own a stock which has produced annual returns of 11 percent, 3 percent, 8 percent, and 14 percent over the past four years,

Nana76 [90]

Answer:

C) 9.00; 8.92

Explanation:

The arithmetic rate of return is given by:

$R_{A} = \frac{11+3+8+14}{4} \\R_{A} = 9.00$

The geometric rate of return is given by:

$R_{G} = (\sqrt[4]{(1.11*1.03*1.08*1.14)} -1) *100 \%\\R_{G} = (1.0892-1) *100 \%\\R_{G} = 8.92$

Therefore, the arithmetic rate of return is 9.00 percent and the geometric rate of return is 8.92 percent

The answer is C) 9.00; 8.92.

6 0

3 years ago

What is the number of each brand of trucks each year

Eddi Din [679]

I'm not sure about this one. Are you talking about like this year?

8 0

3 years ago

Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality includ

balandron [24]

Answer:

Differences in abilities and talents

Explanation:

Income inequality refers to variation or discrepancy between income levels of individuals. Income inequality arises on various accounts one of which being, difference in abilities and talents.

All individuals possess different skill sets and their efficiencies vary too. Some individuals are more creative and talented than others while some are more laborious and hardworking.

Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.

This leads to some earning lot more than others and differences in pay scales as per the abilities individuals possess.

6 0

3 years ago

Tonto Company purchased property for $125,000. The property included a building, equipment and land. The building was appraised

velikii [3]

Answer:

The cost allocated to the building is $ 62,068.97

Explanation:

The total appraised cost for the components of the property purchased=$72,000+$50,000+$23,000=$ 145,000.00

The cost allocated to the building in the accounting records is the cost of the property multiplied by the building appraised value of $72,000 while dividing by the total of the appraised value of $145,000

cost allocated to building=$125,000*$72,000/$145,000=$ 62,068.97

3 0

3 years ago