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3 years ago

3.) Your 2 year investment of $5,300 earns 2.9% and is compounded annually. What will

Business

1 answer:

irga5000 [103]3 years ago

3 0

Answer:

3) 5,611.86

4) 173.62

5) 47099.47

6) 410.64

7) 45618.7

Explanation:

3) Answer : 5300(1.029)^2 = 5,611.86

4) Answer : 100(1.082)^7 = 173.62

5) Answer : 18,100(1.136)^7.5 = 47099.47

6) Answer : 270(1.15)^3 = 410.64

7) Answer : 43,000(1.03)^2 = 45618.7

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Colleges and universities use such things as grade point averages and standardized test scores as Group of answer choices

faltersainse [42]

Answer:

1. a measure of consumer utility.

Explanation:

The grade pint and the scale scores and standardized tests are a measure that checks the average ranges of the customers as college and university students. Also tells how they are meeting the standards and are typically more reliable than other types of tests.

7 0

4 years ago

The balance in the unearned fees account, before adjustment at the end of the year, is $95,500. Of these fees, $82,760 have been

Travka [436]

Answer:

Explanation:

The adjusting entries are shown below:

a. Unearned Fees A/c Dr $82,760

To Fees Earned A/c $82,760

(Being unearned fees are adjusted)

For recording the transactions we debited the unearned fees account and credited the fees earned account

b. Accounts Receivable A/c Dr $32,640

To Fees Earned A/c $32,640

(Being accrued fees recorded)

As the earned fees do not bill so we debited the account receivable account and credited the fees earned account

5 0

3 years ago

) A company sells a software suite that includes a word processor and spreadsheet applications. The suite sells for $250 and the

DIA [1.3K]

Answer:

Allocated to the the word processing products would be$80

To the spreadsheet would be allocated revenues for $170

Explanation:

In order to calculate how much of the $250 revenue from the bundled product sale would be allocated to the the word processing products we would have to use the following formula:

allocated to the the word processing products= sold price suits- spreadsheet price

allocated to the the word processing products= $250-$170

allocated to the the word processing products=$80

To the spreadsheet would be allocated revenues for $170

7 0

3 years ago

g An automobile dealer expects to sell 529 cars a year. The cars cost $11,000 plus a fixed charge of $500 per delivery. If it co

harkovskaia [24]

Answer:

Order size = 23 cars

The number of orders = 23

Explanation:

The economic order quantity (EOQ) is the order size that reduces the balance of holding and ordering cost. It is to be noted that at EOQ, the carrying cost is equal to the holding cost.

The EOQ is computed as shown below;

= √ 2 × Co × D)/Ch

Co = Ordering cost

D = Annual demand

Ch = Carrying cost

EOQ = √ 2 × 500 × 529 / 1,000

EOQ = 23

Number of cars to be ordered per time, I.e optimal order size = 23

Order size = 23 cars

2. The number of times orders should be placed per year would be calculated as;

Number of orders = Annual demand / Order size

Number of orders = 529 / 23

Number of orders = 23

4 0

3 years ago

Heatherbrae Co. uses the units-of-production method to estimate depreciation. The company purchased a new machine for $48,000 th

FrozenT [24]

Answer:

Depreciation per unit= 0.133 (Approx)

Explanation:

Given:

Cost of machine = $48,000

Total unit produced = 330,000 units

Residual value of the machine = $4,000.

Depreciation rate per unit = ?

Computation of depreciation rate per unit:

Depreciation per unit = (Cost of machine - Salvage value) / Total unit produced

Depreciation per unit= ($48,000 - $4,000) / 330,000 units

Depreciation per unit= ($44,000) / 330,000 units

Depreciation per unit= 0.133 (Approx)

7 0

3 years ago