Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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Answer:
EOQ = √ 2DCo/H
D = Annual demand
Co = Ordering cost per order
H = Holding cost per item per annum
TEGDIWS
D = 11,000 units
C0 = $110
H = 10% x $15 = $1.5
EOQ = √2 x 11,000 x $110
$1.5
EOQ = 1,270 units
WIDGET
D = 8,000 units
Co = $10
H = 20% x $8 = $1.6
EOQ =√ 2 x 8,000 x $10
$1.6
EOQ = 316 units
Explanation:
EOQ is equal to the square root of 2 multiplied by annual demand and ordering cost divided by holding cost.
Answer:
1) operation management
Explanation:
Operation management -
It refers to the people in the administration of any company or organisation , who are responsible to produce the best level of efficiency within the company or organisation , is referred to as operation management .
The team of operation is responsible to balance the costs with the revenue , in order to get the best profit as possible .
Hence , from the given scenario of the question ,
The correct option is 1) operation management .
Domestic Housekeeping - refers to housekeeping maintenance in a house. It covers bedroom, kitchen, dining, receiving area, grounds and surrounding areas within the house. Institutional Housekeeping applies to housekeeping maintenance in commercial lodging establishments like hotels, resorts, inns and apartels.