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Iteru [2.4K]
3 years ago
5

You decide to put $1,000 in a new bank account and don’t plan to withdraw the money for 10 years. If your bank does continuous c

ompounding and the interest rate is 1%, what will be the value of this bank account in 10 years
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
8 0

Answer:

$909.09

Explanation:

Total: $1000

Rate = 1%

Time: 10 years

P = 1000 / ( 1 + (0.01 × 10)) = 909.09090909091

Principal = $909.09

Hope this helped!

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The current period statement of cash flows includes the flowing: Cash balance at the beginning of the period $310,000 Cash provi
Roman55 [17]

Answer: $355,000

   

Explanation: In simple words, cash flow refers to the financial statement in which an organisation depicts its sources and uses of cash in three categories operating , investing and financing activities.

Operating activities refers to the activities that are related to core operations of the business, investing activities are related to purchase and sale of fixed assets and activities related to procurement of liabilities and capital are termed as financing activities.

Thus any change in cash from beginning to end occurs due to change in these activities. Thus we can conclude cash at the end as follows :-

$310,000 + $185,000 - $43,000 - $97,000 = $355,000

4 0
3 years ago
Head-First Company plans to sell 4,400 bicycle helmets at $78 each in the coming year. Unit variable cost is $45 (includes direc
IgorLugansk [536]

Answer:

Answer for the question  

Head-First Company plans to sell 4,400 bicycle helmets at $78 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $50,300 (includes fixed factory overhead and fixed selling and administrative expense).

Refer to the list below for the exact wording of text items within your income statement.

Amount Descriptions

Operating income

Operating loss

Sales

Total contribution margin

Total fixed expense

Total variable expense

1. Calculate the number of helmets Head-First must sell to earn operating income of $94,900.

helmets:

2. Check your answer by preparing a contribution margin income statement based on the number of units calculated. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement.

Head-First Company

Contribution Margin Income Statement

Based on Helmets Sold

1.Sales

2.Total Revenue Expense

3.Total Contribution margin

4.Total fixed expense 50,300

Is given in the attachment.

Explanation:

4 0
3 years ago
Context content and culture are
Black_prince [1.1K]

Complete Question:

Context, content and culture are:

O Important ethical concepts

O Important marketing concepts

O Corporate ethics policy

O Three dimensions of evaluating corporate gifts.

Answer:

Context, content and culture are:

O Three dimensions of evaluating corporate gifts.

Explanation:

Corporate gifts may turn out to be regarded as bribery if they are meant to induce the other party to alter their behaviors.  This is why in evaluating corporate gifts, the criteria have always included the context (the circumstances in which the gifts are given), the content (how much is given), and the culture (the accepted general practice in a particular industry, locality, or region).  Generally, corporate gifts are given either as means of showing appreciation, creating positive first impression, or returning some favors.

8 0
3 years ago
What should you do when you use a ladder?
Semenov [28]
The Answer would be A, B, C!

The reason is because it is always important to tie the ladder for unnecessary that could become harmful movement!

Also you must ensure a coworker is present for extra support on the ladder!

Last you must always choose the right ladder because there are many different ladders for different jobs, using the wrong one might become harmful!

Hope this helps!
6 0
4 years ago
Read 2 more answers
Help please
RSB [31]
Everything looks correct
4 0
3 years ago
Read 2 more answers
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