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2 years ago

Guys i am new in brainlee can anyone explain me about brainlee

1 answer:

6 0

First: Welcome! This app is for questions people may have. Mainly school questions. They have grade levels starting from Middle to College level. You can mark people the braniest if they give a really good answer to your question. Also, if you earn so many points you eventually level up (which is an awesome thing because it means you are helping a lot of people!) Hope you enjoy the app! (:

You might be interested in

Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 per ounce. This implies an exc

AfilCa [17]

Answer:

The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.

We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros

E.G Buy a $1000 from the market for £555(10,000*1/1.8)

After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.

Explanation:

4 0

2 years ago

Hitzu Co. sold a copier costing $4,800 with a two-year parts warranty to a customer on August 16, 2018, for $6,000 cash. Hitzu u

fredd [130]

Answer:

1) $240 warranty expense

2) $240 warranty liaiblity

3) zero as decreases the warranty laibility

4) 240 beginning - 209 used = 31 ending

cash 6,000 debit

sales revenues 6,000 credit

--to record sale--

warranty expense 240 debit

warranty liability 240 credit

--to record prevision for warranty expenses--

warranty liability 209 debit

inventory 209 credit

--to record use of the warranty from the customer--

Explanation:

1) sales x expected warranty = 6,000 x 0.04 = 240

2) it will be for the 240 as the accounting works with double-entry

6 0

2 years ago

g Robert Hitchcock is 40 years old today and he wishes to accumulate $500,000 by his 65th birthday so he can retire to his summe

Mariana [72]

Answer:

The correct answer is $6934.48.

Explanation:

According to the scenario, the given data are as follows:

Time period ( 41 - 64 years) (n)= 24 years

Rate of interest (r) = 8%

Future value (FV) = $500,000

Annual deposit amount = P

So, we can calculate the annual deposit amount by using following formula:

FV = P × (1+r) × [{ (1+r)^n - 1} ÷ r]

By putting the value, we get

$500,000 = P × ( 1 + 0.08) [{ (1+0.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ (1.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ 6.34118073724 - 1} ÷ 0.08]

$500,000 = P (72.1035)

P = $500,000 ÷ 72.1035

P = 6934.48

8 0

2 years ago

Why is the control function vital to an organization's success? How can organization's use technology to facilitate the control

dedylja [7]

Answer:

Controls help to better define an organization's objectives so that employees and resources are focused on them. They safeguard against misuse of resources and facilitate corrective measures. Having good records means management will better understand what happened in the past and where change can be effective.

Explanation:

6 0

2 years ago

A senator renounces his past support for protectionism: "The U.S. trade deficit must be reduced, but import quotas only annoy ou

Marat540 [252]

Answer

FALSE

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

4 0

2 years ago