Hi there :-)
Let the cost be x
The markup 0.21
The selling price 99.99
x+0.21x=99.99
Solve for x
1.21x=9.99
X=99.99÷1.21
X=82.64 is the cost price
Hope it helps
The answer will be 2 the account that earns 1.2% compounded monthly.
Answer:
Answer is explained below in the explanation section.
Explanation:
First of all, the dates for the October Annual Check-Out weekend will initially be finalized.
And then a Guestimate will be drawn up on the number of guests invited to the weekends.
Afterwards, the event will be discussed in full conversation with the hotel manager and the delays are requested to save the party from the chaos of being cancelled due to full occupancy.
In the end, the last list of guests is drawn up and invitations would be sent.
Only when we know that we'll get the hotel for party will negotiation take place.
Otherwise no use will be made for all arrangements made.
What are your multiple choice
Answer:
The accrued interest receivable is $2000
Explanation:
Accrued interest receivable refers to interest earned by a company but has not received in cash. This happens when the cash to be paid as interest falls outside an accounting period. Accrued interest receivable is an asset account on the investor's books and a current liability on the issuer's books.
Since the accrued interest is to be between December 1 and December 31, the time period is 1 month = 1/12 years.
loan percent = 12% = 0.12
loan amount = $200000
The accrued interest receivable = Time period × loan percent × loan amount = (1/12) × 0.12 × 200000 = $2000
The accrued interest receivable is $2000
