Answer:
Amount deposit = $118,411.4 (Approx.)
Explanation:
Given:
Future amount = $150,000
Rate of interest = 6% compounds semiannual
Number of year = 4 year
Find:
Amount deposit
Computation:
Compounds semiannual
So,
Rate of interest = 6% / 2 = 0.03
Time taken = 4 x 2 = 8 times
So,
A = P[1+r]ⁿ
150,000 = p[1+0.03]⁸
150,000 = p[1.03]⁸
150,000 = p[1.26677]
p = 150,000 / 1.26677
p = 118,411.393
Amount deposit = $118,411.4 (Approx.)
In building a new mall,
The input would be : Labor, All materials needed in building a mall
Conversion : Building process
Output : The actual mall itself
hope this helps
Answer: <u><em>C. Using predetermined totals to control posting routines.</em></u>
Explanation: A regulation total if developed for the agreement to be posted, then it should be set side by side with total of items posted to personal accounts. Therefore, The most adequate way to avert this kind of error is by applying predetermined totals to control stating the daily cycle.
<u><em>Therefore, the correct option in this case is (c)</em></u>
Answer:
bill of lading
Explanation:
Bill of lading is a legal document issue when goods are transferred from one place to another. It is issued by the freight carrier to the person who is shipping the goods. This document contains details such as which goods are shipped, quantity, details of destination. It also serves the purpose of shipment receipt, once the goods are delivered at mentioned destination in the document. To make sure that requisite goods has been correctly received the destination and shipped correctly from the shipper, the document is signed by authorized person from the receiver, the shipper, and the carrier.
The objective of such document is
- preventing theft of goods.
- Create transparency of transaction.
- Serves as a legal proof in case of any conflict.
Answer:
B) raises the price buyers pay and lowers the price sellers receive.
Explanation:
A tax can be defined as the compulsory levy by the government on the income of an individual or company and the goods and services. It is used to generate income in a country in order to finance the expenditures of the government.
Types of tax
• Income Tax: This is the compulsory levy by the government on the income of an individual.
•Corporate Tax: This is the levy paid by corporate organzation on their Profits.
•Sales Tax: It is levied on goods and services. This type of tax increases the price of a product thereby making buyers to pay more. The sellers receives lower prices because they will deduct tax from what the sellers have paid and pay to the government.
•Property Tax: It is levied on the value of land or property.
•Tariff: Tax paid on imported goods. It is used to discourage importation. An increase in import tariff leads to an increase in price of the Commodity thereby leading to decrease in quantity purchased.
There are three basic tax laws
1) Progressive tax
2) Regressive tax
3) Proportional tax.
