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artcher [175]
3 years ago
7

Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for hi

s investment.
Business
1 answer:
Katena32 [7]3 years ago
4 0

Answer:

The important thing to remember here is that the interest is compounded semi annually, which means twice a year. When the 1st interest is compounded, the second interest is calculated on that new amount.

(11,500 + (11,500×6%)) = $ 12,190

(12,190 + (12190×6%)) = $ 12921.40

Explanation:

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In the ocean, the greatest amount of heat from incoming solar radiation would transfer to ___
Lina20 [59]

In the ocean, the greatest amount of heat from incoming solar radiation would transfer to the top 10 cm of the surface.

Solar radiation often referred to as solar resources or simply sunlight, is the general term for electromagnetic radiation emitted by the sun. Solar radiation can be captured using a variety of technologies and converted into useful forms of energy such as heat and electricity.

The portion of the spectrum reaching the Earth from the Sun is between 100 nm and 1 mm. This band is divided into three regions: ultraviolet, visible, and infrared.

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Learn more about solar radiation here: brainly.com/question/3005929

#SPJ4

3 0
1 year ago
Which term refers to business processes that are not executed by a single group or function? _______
Vlad [161]

Answer:

B) Cross-Functional

Explanation:

A cross-functional team is a group of workmates from different functional departments who collaborate to achieve a common goal. Organization create cross-functional teams to work as a unit on a specific project.  The teams are temporary and get dissolved once the project is completed.

Cross-functional teams help an organization get better results more quickly.   The team is composed of experts from different sections which eliminates the need for too much internal consultations. The organization gets high-performance results due to the composition of the team.

3 0
3 years ago
Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2100 units,
Usimov [2.4K]

Answer:

a. Overhead cost per blender = $28.27

Explanation:

Overhead rate = $149,315 / 3,945

Overhead rate = $37.85

Overhead cost per blender = (Blender Direct labor hours * Overhead rate) / Units of blunder Produced and sold

Overhead cost per blender = (1,195 * $37.85) / 1,600

Overhead cost per blender = $45,230.75 / 1,600

Overhead cost per blender = $28.27

5 0
3 years ago
Huprey Co. is the defendant in the following legal claims. For each of following claims, does Huprey (a) Record liability, (b) D
const2013 [10]

Answer:

a) Disclose in the notes

b) no Disclosure

c) Record a liability

Explanation:

There are three scenarios to be considered

1) It is reasonably possible that Huprey will lose a pending lawsuit. The loss cannot be estimable

First, premise is that Huprey Co. is facing a lawsuit and the possibility of a loss is most possible. If Huprey Co is able to recognize the amount of loss, then he would have been able to record a liability but the inability to estimate the loss means, the company can o<u>nly make appropriate disclosure in notes</u>

2)Huprey is being used for damages of $2 million. It is very unlikely (remote) that Huprey will lose the case.

This second premise is also a lawsuit on damages for $2 million, however, it is most reasonably acceptable that Huprey will win the lawsuit. As such there is no loss, that way there will be no disclosure in Huprey Co's books.

3.  Huprey can reasonably estimate that a pending lawsuit will result in damages of $1.25 million, it is probable that Huprey will lose the case.

The probability of losing a case means that there will be a loss to be recorded in the books and since the damages are already estimable to be $1.25 million. Huprey Co should record a liability

4 0
3 years ago
These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorne
yulyashka [42]

Answer:

$76,050

Explanation:

Given that,

cash price = $60,700

assumed accrued taxes = $5,260

attorney’s fees = $2,170

real estate broker’s commission = $3,310

clearing and grading = $4,610

Cost of the land:

= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $60,700 + $5,260 + $2,170 + $3,310 + $4,610

= $76,050

6 0
3 years ago
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