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sesenic [268]
3 years ago
7

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one

year?
Business
1 answer:
prohojiy [21]3 years ago
7 0
Interest earned=2,500×0.04=100
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On January 1, 2021, Nantucket Ferry borrowed $14,000,000 cash from BankOne and issued a four-year, $14,000,000, 6% note. Interes
kari74 [83]

Answer:

If Interest is not Paid yet

Nantucket Ferry

Dr. Interest Expense $840,000

Cr. Interest payable  $840,000

BankOne

Dr. Interest receivable $840,000

Cr.  Interest Income     $840,000

If Interest is Paid

Nantucket Ferry

Dr. Interest Expense    $840,000

Cr. Cash                        $840,000

BankOne

Dr.  Cash                       $840,000

Cr.  Interest Income     $840,000

Explanation:

Amount of interest is the expense for Nantucket Ferry and Income for the BankOne on the bond.

As per given data

Amount borrowed  = $14,000,000

Coupon rate = 6%

Interest in paid on and received on the bnd is calculated by using the face value and coupon rate of the bond.

Coupon Payment = $14,000,000 x 6% = $840,000

$840,000 will be paid annually to the Bank one.

6 0
3 years ago
Teamwork processes have a moderate positive effect on ________ and a strong positive effect on ________.
Salsk061 [2.6K]

Teamwork processes have a moderate positive relationship with team performance and a strong positive effect on team commitment.

<h3>What is team relationship?</h3>

This is a relationship that exist within a team which brings about progress to an organization.

An effective team work would create an enabling work environment hence enables team member become more effective and efficient.

Hence, teamwork processes have a moderate positive relationship with team performance and a strong positive effect on team commitment.

Learn more about team relationship here : brainly.com/question/26491505

5 0
2 years ago
What is a distribution channel?
Ilya [14]

Answer:

Medium of communication

Explanation:

  • Distribution is one of the four main elements of the marketing mix and its a process of making the predictor services available to the costumers and can be done directory by a producer or service provider that has indirect channels of the distributions
  • The decision about the distribution are taken by the companies vision and the mission and the goals of the organization that depends in the strategic planning.
5 0
3 years ago
For a class assignment that students are to complete individually, Student A and Student B decide to collaborate. Student A comp
Ratling [72]

Answer:

Both unethical collaboration and plagiarism

Explanation:

Unethical collaboration -

It refers to the practice of sharing common answers or words , is referred to as unethical collaboration .

For example , students copying the same answer is an example of unethical collaboration .

Plagiarism -

It refers to the method of copying some other person's work completely , without the legal consult of the person , is referred to as the practice of plagiarism .

Hence , from the given scenario of the question ,

The correct answer is -  Both unethical collaboration and plagiarism .

6 0
3 years ago
What is the principal?
Lunna [17]
The principal<span> might be the party who gives legal authority for another party to act on the </span>principal's<span> behalf. </span>
5 0
3 years ago
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