Answer: $11,620
Explanation:
A=P(1+r/n)^nt
A=$10,000(1+0.03/12)^12×5
A=$10,000(1+0.0025)^60
A=$10,000(1.0025)^60
A=$10,000(1.162)
A=$11,620
Note: A= Future value
P= principal
r=Interest rate
n= no.of time Interest is compounded
t= time money is invested.
Consumers’ desire to control their information environment is a reason for advertisers to divert their funds from traditional media.
C) Consumer's desire to control their information environment.
<u>Explanation:</u>
Earlier the information sources were limited and the audience didn't have many options to choose from. The elites and literates would opt for print media and the common audience would opt for radio and other medium of information.
The advertisement agencies would also target the audience based on the information source. Bit with the growing technological advancement, the consumer can now choose their own preferable source of information and hence the advertisers diverted their funds from the traditional media.
Answer:
2 transactions reduced ABC's total assets
Explanation:
First transaction that reduced ABC's total assets was the purchase of of equipment worth $1,200 for cash.This transaction drains cash to the tune of $1,200 since it was settled by a cash outflow of $1,200
The second transaction that negatively the business's total assets was the payment of salaries to employees to the tune of $10,000, this also was a cash outflow of $10,000 from the business .
The issue of shares increased the total assets since it was cash inflow.
The purchase of land implies an increase in asset land and an increase in liabilities notes payable.
The receipt of $14,000 cash increases total assets.
The purchase of office supplies on account did not reduce assets but increases it.
I think the answer is a non profit organization
