Answer:
$1,363,636.36
Explanation:
A public traded construction company just paid off a loan that was received one year earlier
The amount of money paid by the company was $1,500,000
The interest rate was 10% per year
= 10/100
= 0.10
Therefore the amount of money that was borrowed last year can be calculated as follows
Let x represent the amount of money borrowed
x + x(0.10)= 1,500,000
x + 0.10x= 1,500,000
1.1x= 1,500,000
x= 1,500,000/1.1
x= $1,363,636.36
Hence the company borrowed $1,363,636.36 a year ago
Answer: The drastic increase in the average education level goes beyond the demand for the current economy (1910).
After college degrees, most of the students search for jobs but if the percentage of Americans with college degrees has risen drastically country cannot afford jobs for such a high number.
Also, college degrees have nothing to do with the skills required for the job.
so it will increase unemployment.
And it will cause erosion of skills, basically robbing the economy of otherwise brilliant talents.
Answer:
<u>Cheyenne Company</u>
Amount in $ Amount in $
Sales revenue 728,400
Less;
Sales Returns and Allowances 25,320
Sales Discounts 12,380
<u> (37,700)</u>
Net sales <u> 690,700</u>
Explanation:
The revenue section of the income statement shows the computation of the net sales which is the result of the total sales less sales returns, discounts and allowances.
Answer:
A. are typically involved with producing the organization's products or providing its service
Explanation:
First-line managers are those who are directly above non-managerial workers. They are at the bottom of the managerial chain, but they are very important in a company.
A typical first-line management position is that of supervisor. The supervisor can oversee a production-line and check for quality standards, or can be the supervisor in a service-oriented firm, and check for possible improvements in customer service.
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