1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Advocard [28]
3 years ago
10

$3,000 is invested in an account paying 4% interest and twice that amount is invested at 6%.. . Which of the following expressio

ns represents the amount of interest earned on the money invested at 6%? . . . . 0.06(3,000). 0.06(6,000). 2(3,000)
Business
2 answers:
slavikrds [6]3 years ago
7 0

Answer:

0.006(6,000)

Explanation:

Lorico [155]3 years ago
3 0
The best and most correct answer among the choices provided by your question is the second choice which is "<span>0.06(6,000)."

</span>Twice of 3,000 is 6,000. Move the decimal of 6% to the left right to get 0.06% Then multiply them: <span>0.006(6,000).</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly.
You might be interested in
Identify accounts by category and financial statement(s). Listed here are a number of financial statement captions. Indicate in
konstantin123 [22]

Explanation:

The categorizations are shown below:

Accumulated depreciation =  A and BS

Long-term debt =  L and BS

Equipment = A and BS

Loss on sale of short-term investments =  LS and IS

Net income = R and IS

Merchandise Inventory =  A and BS

Other accrued liabilities = L and BS

Dividends paid = OE and BS

Cost of goods sold = E and  IS

Additional paid-in capital = OE and BS

Interest income = R and IS

Selling Expense = E and IS

6 0
3 years ago
Which of the following statements does correctly explain the effect of additional debt on the weighted average cost of capital (
Aleksandr-060686 [28]

Answer: The net effect of additional debt on WACC is uncertain.

Explanation:

Weighted Average Cost of Capital (WACC) refers to the rate of return that a company is paying it's capital providers on average be it debt holders or shareholders.

Adding additional debt to the mix effects the WACC in an uncertain way due to the different ways the WACC could react. For example, adding additional debt decreases the after-tax cost of debt because debt is tax deductible which means that more money can flow to shareholders so that reduces the cost of equity. At the same time however, Additional debt can increase the risk of bankruptcy meaning that the before tax cost of debt rises which also increase the WACC.

The effect can swing either way thereby making it uncertain.

5 0
3 years ago
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf

Answer:

The earnings per share figure is $1.89

Explanation:

Sales of $602,000

Costs of $256,000

Depreciation expense of $62,500

Interest expense of $29,500

Tax rate of 40 percent.

-> Profit Before Tax  = Sales - Cost - Depreciation Expense - Interest expense

= $602,000 - $256,000 - $62,500 - $29,500

= $254,000

Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400

Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000

= $1.89

7 0
4 years ago
According to the _____ perspective of organizational change, organizations and human systems are complex and evolving and cannot
photoshop1234 [79]

<u>B)</u><u> Organizational learning.</u>

<u />

<h3><u>Organizational learning: What is it?</u></h3>

Organizational learning is the process through which a company develops over time by gaining information and applying that understanding to experience. The newly developed information is subsequently shared inside the company.

All businesses should prioritize organizational learning since internal knowledge production, transfer, and retention strengthen the organization as a whole.

There are three primary acts to take into account when examining the definition of organizational learning:

  • Conceive
  • Act
  • Reflect

Learn more about organizational learning with the help of the given link:

brainly.com/question/14316598?referrer=searchResults

#SPJ4

4 0
2 years ago
Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget
Alexandra [31]

Answer:

$720,000

Explanation:

The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.

Total variable cost budgeted

= 58000 ( $1 + $3 + $4 +$2)

= $580,000

Total fixed cost = $10,000 + $120,000 + $4,000 + $6,000

= $140,000

total budgeted selling and administrative expenses for October

= $580,000 + $140,000

= $720,000

5 0
3 years ago
Other questions:
  • When the manufacturer handles all of the marketing functions for its retailers, such as providing displays, pricing guidelines,
    15·1 answer
  • How could consumers attitudes and preferences been taken into account to make the failed product product more successful?
    7·1 answer
  • Understanding opportunity cost
    9·1 answer
  • As described in a recent annual report, Verizon Communications provides wireless voice and data services across one of the most
    6·1 answer
  • The cost of financing the national debt (in terms of average interest rate paid on the debt) has generally _____ over the last 3
    13·1 answer
  • Refer to Federal Aviation Administration. The company that wins the contract to develop the satellite-based system for the FAA w
    9·1 answer
  • At the end of the current year​ (before adjusting​ entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece
    14·1 answer
  • A company has net sales of $763,000 and cost of goods sold of $551,000. Its net income is $20,160. The company's gross margin an
    11·1 answer
  • In the project initiation phase, which document contains high-level details of the proposed project?
    9·1 answer
  • What is the present value of $500 invested each year for 10 years at a rate of 5%?​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!