Answer: Bank B is the better investment. In 10 years, her $2,000 will grow to $4,317.85, and with bank A, her $2,000 will grow to $3,700.
Explanation:
Bank A was offering 8.5% simple interest. $2000 with 8.5% simple interest. = A = P(1 + rt)
A = 2000(1+(0.085*10))
= 2000(1+0.85)
= 2000(1.85)
= 3,700
Bank B was offering 8% compounded annually
= A = P(1+r/n)^nt
A= 2000(1+8%/1)^1*10
A= 2000(1+0.08)^10
A= 2000(1.08)^10
A= 2000*2.1589
= 4,317.85
Answer:
a. $21
b. $1,890,000
Explanation:
a. The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated computer hours)
= $2,100,000 ÷ 100,000 hours
= $21
b. Now the applied overhead which equals to
= Actual computer hours × predetermined overhead rate
= 90,000 hours × $21
= $1,890,000
Answer:
A) the law does not codify all ethical requirements.
Explanation:
Laws are meant to be generally and applicable to all individuals or organizations. It is absolutely impossible that laws could be made specifically for every single person, business, organization, and that it covers all their possible actions.
Imagine that there are over 32.5 million businesses in the US, that means that 32.5 million laws should be made. How many more laws regarding specific circumstances should there be?
Each company should try to have their own business ethics code, which should be followed specially by the upper management. It is a form of self-regulation, but it will all depend on the company to follow it.
Answer:
d. perfect price discrimination.
Explanation:
According to my research on different pricing strategies, I can say that based on the information provided within the question the business owner is attempting to practice perfect price discrimination. This term refers to when a company charges different prices for each sale of the same product, usually charging the highest possible price and allowing room for negotiations. Which is exactly what Cart Vader is doing with it's golf carts.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
net cash provided is $5,635
Explanation:
Amount ($)
Net Income 4,750
Depreciation 885
Change in inventory (200)
Change in accounts payable <u> 200 </u>
Net cash flows from Operation<u> 5,635</u>
The depreciation is a none cash item that was initially deducted to get the net income, hence it is added back in the cash flows statement.
An increase in inventory represents an outflow of cash hence the negative value. The increase in trade payable is an increase in a liability representing an inflow of cash hence it is positive.
