Answer:
Money Market: $250
Stocks: $500
Bonds: $250
Explanation:
To find the dollar amount invested in each, multiply the total amount of money you have to invest by the percentage being invested.
<u>Money Market</u>
25% of $1,000
25%*1,000
Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.
25/100=0.25
25.0-->2.5-->0.25
0.25*1,000=250
$250 is invested in the money market account.
<u>Stocks </u>
50% of $1,000
50%*1,000
Convert 50% to a decimal by dividing 50 by 100, or moving the decimal place 2 spots to the left.
50/100=0.50
50.0-->5.0-->0.50
0.50*1,000=500
$500 is invested in stocks.
<u />
<u>Bonds</u>
25% of $1,000
25%*1,000
Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.
25/100=0.25
25.0-->2.5-->0.25
0.25*1,000=250
$250 is invested in bonds.
$250 is invested in a money market account, $500 in stocks, and $250 in bonds.
Answer:
Explanation:
Common financial statements that companies use include a Balance sheet help them know their financial position at a particular point in time, an Income statement to determine the profitability of the business and Statement of cashflows to determine how cash comes in and goes out with regards to investing, operating and financing activities. If companies did not use these, there will be extreme problem of fraud as there would be no accountability. Not having these statements would lead to high levels of inaccurate disorganized records.
Explanation:
The computation of accrued interest for each is shown below:
For Maple
= $23,000 × 10% × 40 days ÷ 360 days
= $255.56
The 40 days are counted from 9 days in November and 31 days in December month
For Wynam
= $19,000 × 9% × 18 days ÷ 360 days
= $855
The 18 days are taken from 18 days in December month
For Nahn
= $21,000 × 12% × 12 days ÷ 360 days
= $840
The 12 days are taken from 18 days in December month
Answer:
The correct answer is A. The time value of money.
Explanation:
In economic theory, the temporary value of money is intended to represent the idea that a dollar of today is worth more than a dollar of the future, even after adjusting for inflation, because a dollar can now generate interest or other returns up to moment in which the dollar of the future is received. This theory is based on the calculation of present or current value.
They were both cases of the consumerist culture that rose in the 1920's. Consumer culture is a type of free enterprise in which the economy is centered around the offering of customer merchandise and the spending of shopper cash. Most financial analysts concur that the United States is a buyer culture.
