Mandi puts $20 in her savings account. the account pays 3% simple interest. how much interest will she earn in 2 years?

This refers to dividing responsibility among specific units or departments.

Julli [10]

I think this could be division of labour.

6 0

3 years ago

which one of the following is a potential problem with management's comunication of financial information that causes third part

Otrada [13]

Complexity of transactions affecting the financial statements and

Remoteness of the user from the organization

<h3>What is financial statement?</h3>

The business operations and financial performance of an organization are described in financial statements, which are written records. To ensure accuracy and for tax, financing, or investing purposes, financial statements are frequently audited by government entities, accountants, corporations, etc.

The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four basic financial statements for for-profit entities. Financial statements are used by nonprofit organizations, although they are similar.

Financial statistics are used by investors and financial analysts to assess a company's performance and forecast the course of its stock price in the future. The annual report, which includes the company's financial statements, is one of the most crucial sources of accurate and audited financial data.

Learn more about financial statements

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7 0

1 year ago

2) You purchase one MBI July 125 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expirati

PtichkaEL [24]

Answer:

D) $500 loss

Explanation:

The computation of the realized value on the investment is shown below:

= Number of shares × premium

= 100 shares × $5

= $500 loss

Since the call is for 125 shares for $125 and the selling price per share is $123 due to which the contract is not implemented. So the premium amount would be recorded as a loss of $500

8 0

3 years ago

Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of $1,000 and pays a dividend o

kramer

Answer:

$1,068.02

Explanation:

For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:

Given that,

Present value = $1,000

Rate of interest = 10% ÷ 2 = 5%

NPER = 3 years × 2 = 6 years

PMT = $1,000 × 8% ÷ 2 = $40

The formula is shown below:

= FV(Rate;NPER;PMT;-PV;type)

The present value comes in negative

So, after applying the above formula, the selling price of the bond is $1,068.02

7 0

3 years ago

At the beginning of the year, Vendors, Inc., had owners' equity of $50,435. During the year, net income was $6,675 and the compa

iogann1982 [59]

Answer:

<em>Total cash flow to stockholders 13,320‬</em>

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Explanation:

We should consider the actual cash paid by the firm in favor of the stockholders. Net income doesn't represent cashflow is the amount earned by the company but a portion of it is reinvested or hold by the firm. What it matter for cashflwo arethe cash dividends and treasury stock as these are actual cashflow in going into the stockholders pockets

from dividends 4,535

from stock repurchase <u> 8,785 </u>

<em>Total cash flow to stockholders 13,320‬</em>

8 0

3 years ago