When a business collapses only those who work directly for the business are impacted.

A man has $34,000 to invest. He invests some of the money at 5% and the balance at 4%. His total annual interest income is $1545

notka56 [123]

Answer:

Amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

Explanation:

Provided we have the following details,

Total investment = $34,000

Let amount invested @ 5% = x

Then, amount invested at 4% = $34,000 - x

Thus, $(x \times 0.05) + (($34,000 - x) \times 0.04) = $1,545$

0.05x + $1,360 - 0.04x = $1,545

0.01x = $1,545 - $1,360 = $185

x = $185/0.01 = $18,500

Thus, amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

7 0

2 years ago

an audit manager) has been assigned to the audit of Tandem Electric, Inc. Dorothy is concerned that Joanne, a friend from her co

zhannawk [14.2K]

I thought it would be B. Because if she is doing audit and knows someone in the company that is helping with the audit, she is NOT legally able to do the audit! That is what I learned in accounting anyway. I am not sure though just an input.I would pick B.

6 0

2 years ago

Read 2 more answers

7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add

vredina [299]

Answer:

You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.

Explanation:

alternative 1, build and sell microwave ovens:

initial outlay = $500,000

net cash flow per year = $225,000 - $200,000 = $25,000

alternative 2, invest in US securities:

investment = $500,000

net cash flow per year = $500,000 x 10% = $50,000

Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.

If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.

Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.

6 0

2 years ago

Presented below is selected financial information for Cullumber Company for December 31, 2022. Inventory $ 25,000 Cash paid to p

Vitek1552 [10]

Answer:

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

According to these above explanations

(A) Operating activities: Cash paid to suppliers 103,600 and Cash received from customers 132,100

(B) Investing activities: Cash paid to purchase equipment $ 11,000

(C) Financing activities: Cash dividends paid 6,100, and Cash received from issuing common stock

Now the preparation of the cash flow statement is shown below:

Cash flow from operating activities:

Cash received from customers $132,100

Less: cash paid to suppliers -$103,600

Net cash flow from operating activities (A) $28,500

Cash flow from investing activities:

Cash paid to purchase equipment -$ 11,000

Net cash flow from investing activities (B) -$11,000

Cash flow from financing activities:

Cash received from issuing common stock $21,400

Less: Cash dividends paid -$6,100

Net cash flow from financing activities (C) $15,300

Net cash increase (A+B+C) $32,800

Add: Beginning cash balance $7,500

Ending cash balance $40,300

5 0

3 years ago

I have an interview on Thursday how do i answer the question “ Tell me about yourself” and “ Why do you want to work here”

omeli [17]

I see this job as a opportunity to contribute to an forward thinking industry. I feel that that my skills would be something great to share with the team .

4 0

3 years ago