Answer:
Total interest earned on the original deposit=$403.593
Explanation:
Total Interest earned after 6 years using compound Interest:
Where:
PV is the deposit amount
i is the interest Rate
FV=$4561.593
Total Interest earned after 6 years=FV-PV
Total Interest earned after 6 years=$4561.593-$2,700
Total Interest earned after 6 years=$1861.593
Total Interest earned after 6 years using single Interest:
Total Interest=$2,700*0.06*9
Total Interest =$1458
Total interest earned on the original deposit=Total Interest earned after 6 years-Total Interest
Total interest earned on the original deposit=$1861.593-$1458
Total interest earned on the original deposit=$403.593
Answer:
6
Explanation:
Given that
Annual Demand = 10 bottles in 1 minute
Leading time = 60 minute
percentage of Safety stock = 0.2
Container size= 130 bottles
The computation of the number of kanban cards is given below:-
= Annual demand × Leading time (1 + percentage of safety stock) ÷ Container size
= 10 × 60 (1 + 0.2) ÷ 130
= 600 (1.2) ÷ 130
= 5.538
So, the round-up the next whole number is 6
Corporate bonds, should be the answer
Answer: A. $13000
During its first five years of operation, Mookie Consulting Services reported the following annual net income and dividend amounts:
Year Net Income Dividends
1 $22,000 $2,000
2 17,000 2,000
3 9,000 1,000
4 14,000 3,000
5 25,000 4,000
If Mookie had Retained Earnings of $88,000 at the end of year 5, what was the company's Retained Earnings at the beginning of
Year 1?
a. $13,000 d. $41,000
b. $23,000 e. some other amount
c. $37,000
Explanation: the difference between total dividends (75,000$) and total net Income (88000$) gives the Retained Earnings = $13000
