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4 years ago

6

Alejandro put some money in a 1-year cd that compounds interest monthly, and he made $56.24 in interest the first month. if the

interest rate of the cd stays the same, how much will he make in interest the second month?

1 answer:

antiseptic1488 [7]4 years ago

8 0

<span>Since it is compound interest, the interest for the next month WILL BE MORE THAN $56.24 </span>More than $56.24

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Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm

Blababa [14]

Explanation:

1. The computation of the company wide break-even point in dollar sales is shown below:

Break even point = (Traceable fixed expenses + Common fixed expenses ) ÷ (Profit volume Ratio)

where,

Contribution margin = Sales - Variable expenses

= $450,000 - $225,000

= $225,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($225,000) ÷ ($450,000) × 100

= 50%

So, the company wide break even point in dollar sales is

= ($126,000 + $63,000) ÷ (50%)

= $378,000

b. For Chicago

Break even point = (Traceable fixed expenses) ÷ (Profit volume Ratio)

where,

Contribution margin = Sales - Variable expenses

= $150,000 - $45,000

= $105,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($105,000) ÷ ($150,000) × 100

= 70%

So, the company wide break even point in dollar sales is

= ($78,000) ÷ (70%)

= $111,429

For Minneapolis

Break even point = (Traceable fixed expenses) ÷ (Profit volume Ratio)

where,

Contribution margin = Sales - Variable expenses

= $300,000 - $180,000

= $120,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($120,000) ÷ ($300,000) × 100

= 40%

So, the company wide break even point in dollar sales is

= ($48,000) ÷ (40%)

= $120,000

c. The company wide break even point in sales dollars is $378,000 and the total is $111,429 + $120,000 = $231,429

So, the company wide break even point is greater than the sum of the Chicago and Minneapolis break-even points due to the common fixed expenses

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4 years ago

Consider a mail order business in which employees take orders or parts from customers. Create a conceptual using the following i

adelina 88 [10]

Answer:

attached below is the Entity-Relationship diagram

Explanation:

Designing an ER ( Entity-Relationship ) Diagram for the mail order database using a data modelling tool

attached below is the an Entity-Relationship diagram created using all the information provided above

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4 years ago

To reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a

pickupchik [31]

To reduce traffic, market town enacts an ordinance that permits only a few specific street vendors to function in certain areas. a court would likely review this ordinance under the principles equal protection.

<h3>What is principle equal protection?</h3>

The concept of equal protection states that no one should be denied the same level of protection from a government's laws. A person must be treated equally by the state's governing authority to others who are in comparable situations. Advocates have used the Equal Protection Clause, which mandates that states treat their residents equally, to challenge discriminatory laws, policies, and governmental acts.

Equal protection compels a state to govern impartially rather than making distinctions between people based purely on characteristics that are unrelated to a justifiable governmental goal. Therefore, the equal protection provision is essential for upholding civil rights. The goal of equal protection was to compel states to govern impartially and refrain from making disparities between people based on features that are immaterial to achieving governmental goals. In order to guarantee civil rights, the equal protection provision was essential.

Hence, To reduce traffic, market town enacts an ordinance that permits only a few specific street vendors to function in certain areas. a court would likely review this ordinance under the principles equal protection.

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2 years ago

What is the most common type of fraud? multiple choice customer theft robbery arson employee theft collusion

11111nata11111 [884]

Employee theft is the most common type of fraud.

<h3>What is fraud?</h3>

Fraud is a deliberate act of deception intended to give the offender an unauthorized benefit or to deny the victim of a right. Tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud are all examples of fraud. Fraudulent conduct can be committed by a single person, a group of people, or an entire company.

<h3>How does financial fraud work?</h3>

Financial fraud is a crime that involves hacking into accounts and transactions in order to benefit the perpetrator financially. People must be aware of financial fraud because it has become more prevalent as a result of the growing payments sector and widespread usage of credit and debit cards.

<h3>What is phishing?</h3>

The growth of online banking and the overall expansion of the cyber world have made it possible for fraudsters to use online channels to target online bankers. Phishing emails can be sent to online bankers under the guise of being from a bank, allowing them to seek users' login information and passwords without coming off as unusual. All of the financial information of online bankers who fall for this phishing email will be stolen for the scammer's gain.

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2 years ago

Flatter organizational structures rely on lower-level employees to participate in decision making. These employees are generally

NemiM [27]

Answer: Team leader

Explanation:

A flatter organizational structure is a firm's organizational structure which is tall, mid-sized or flat and is used by many small companies due to lack of manpower.

For example, a new consulting firm will employee senior management employees in finance,marketing, and sales and these executives will act as team leaders.

A team leader is someone who gives instructions, guidance, leadership an direction to a group of individuals to achieving a goal. The team leader the reports his or her results to the manager.

6 0

3 years ago