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ruslelena [56]
4 years ago
12

The purpose of a tickler file is to        A. help you cross-reference papers filed in more than one place.   B. remind you of t

asks that you must complete.   C. help locate misplaced or misfiled documents.   D. serve as a guide to a numeric filing system.
Business
1 answer:
lozanna [386]4 years ago
3 0
<span>D. serve as a guide to a numeric filing system.</span>
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CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in
allochka39001 [22]

The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.

<h3>Compound Interest</h3>

Given Data

  • Principal = $710,000
  • Rate = 9%
  • Time = 12 years

A = P + I where

P (principal) = $710,000.00

I (interest) = $1,286,992.00

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 9/100

r = 0.09 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 710,000.00(1 + 0.09/1)(1)(12)

A = 710,000.00(1 + 0.09)(12)

A = $1,996,992.00

Learn more about Compound Interest here:

brainly.com/question/24924853

#SPJ1

4 0
3 years ago
Suppose, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes
Anvisha [2.4K]

Answer:

1. Investigate the invoices that have been send out (sequencing, their details and amounts) and cross check the invoices that have been paid up. Then for invoices paid up verify that date descriptions and amounts have been entered correctly or as purported by the co-worker.

2. The Cash Account is Decreasing after the correction.

3. It is not professional to accepts such special treats from co-workers for helping them in the workplace.

Explanation:

All financial information must be treated with great caution as reckless acts my constitute to fraud and irregularities.

Exercise Professionalism by doing a bit of background check on error and the intent of the worker. Also allow internal controls to take course in terms of authorization privileges to alter transactions.

5 0
3 years ago
If the inverse demand curve P = 180 – Q and the marginal cost is constant at ​$20​, how does charging the monopoly a specific ta
german

Answer:

$65

Explanation:

The inverse demand function is as follows:

P = 120 - Q

TR = 120Q - Q²

MR = \frac{dTR}{dQ}

MR = 120 - 2Q

The marginal cost is constant at $10.

The profit maximizing point is where MR = MC

MR = MC

102 - 2Q = 10

Q = 55

P = 120 - Q = $65

check additional details in the attached files

4 0
3 years ago
The accounting equation can be stated as
Alexxx [7]

Answer:

a

Explanation:

a

4 0
3 years ago
Why would you want to limit your borrowing when making economic decisions ?
Yanka [14]

Answer:

so they can end up spending less on interest payments and credit card fees.

Explanation:

4 0
3 years ago
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