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3 years ago

What is application software?

1 answer:

5 0

Application software can be divided into two general classes: systems software and applications software.Applications software (also called end-user programs) include such things as database programs, word processors, Web browsers and spreadsheets.

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Sparty Corporation has provided the following information for its most recent year of operation: Revenues earned were $84,000, o

iragen [17]

Answer: $247000

Explanation:

The following can be deduced from the question:

Revenue 84,000

Less: Operating Expenses 46,000

Profit Before Tax 38,000

Less Taxes 13,300

Net Income 24700

Therefore, the net income that was reported on Sparty's income statement will be $24700.

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4 years ago

The difference between _______ interest and compound interest is that the amount of compound interest earned gets (bigger or sma

mihalych1998 [28]

Answer:

The difference between simple interest and compound interest is that the amount of compound interest earned gets (bigger or smaller) bigger every year.

________________________________

What is simple interest?

Simple interest. Money paid only on principal, or money borrowed or invested.

What is compound interest?

The interest which is added to the initial investment, so that this will gain interest in subsequent time periods.

7 0

2 years ago

Jimmy’s Cricket Farm issued a 30-year, 10 % semiannual bond 7 years ago. The bond currently sells for 108 percent of its face va

Alex Ar [27]

Answer:

9.16% and 5.95%

Explanation:

The attachment is shown below:

Given that,

Present value = 108% × $1,000 = $1,080

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 10% ÷ 2 = $50

NPER = 30 years - 7 years × 2 = 46 years

The formula is shown below:

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

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 9.16%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 9.16% × ( 1 - 0.35)

= 5.95%

3 0

3 years ago

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est

Tatiana [17]

Answer:

an under applied of $10,300

Explanation:

The computation of the over applied or under applied is shown below;

Difference in overhead = Actual overhead - applied overhead

= $418,900 - ($227,000 × ($401,400 ÷ $223,000))

= $418,900 - $408,600

= $10,300

Since actual overhead is more than the applied overhead so it is an under applied of $10,300

7 0

3 years ago

According to the ohio and u.s. constitutions, which responsibility is held by both the state of ohio and the federal government

nataly862011 [7]

The answer is A) Raising taxes

The Constitution of 1789 gives the Federal Government authority to raise and levy taxes in all of the States in America.

It comes under the General Welfare Clause and gives complete authority to impose and collect taxes.

It prohibits separate State taxation IF it hinders inter State and International trading. It also prohibits each State from setting up independent import and export duties without the approval of the Federal Government, that is, the Congress.

It requires all tax revenue bills to originate solely from the House of Representatives.

7 0

3 years ago