The correct answer is the syndicated panels. Syndicated
panels are responsible for collecting and selling common pools of data, they
made used of unit of measurements and they obtain their data through surveys,
electronic scanner services and diary panels. In addition, they obtain
institutional data from wholesalers, industrial firms and even retailers.
Answer:
The U.S. economy is a free enterprise system.
Explanation:
That means that individuals — and not the government — own most of our country's resources.
The investments today’s worth is $203001.61.
We have to calculate the future value of the investments. So we can use the formula,
A=P (1+r/100)ⁿ
Where, A stands for future value, P stands for Present value, R stands for Interest rate, n stands for Time period.
Interest rate (r) = 5%= 0.05 and Time period is from 1912 to 2020 so, it is equals to 108 years. (2020-1912year)
On putting the values in the above formula we get,
A = 1000× (1+ 5/100)^108
=1000*203.001612
=$203001.61
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). The future value calculation enables investors to forecast, with varying degrees of accuracy, the amount of profit that can be generated by various investments.
Investors and financial planners use the future value to estimate how much an investment made today will be worth in the future. The future value equation is used to assess various possibilities since the growth produced by holding a given amount in cash will probably differ from that produced by investing that same amount in equities.
To learn more about future value, refer this link.
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Answer:
Warranty Expense (Debit) $3,960
Warranty Liability (Credit) $3,960
Explanation:
The principle we apply while making entries for standard warranty is this:
The <u>estimated amount of warranty expense</u>, <em>which a company founds as a percentage of its sales from historical claims and data</em>, is taken as benchmark to accrue the warranty expense in the period when the sale is made <em>(matching principle) .</em>
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In our question, 4.5% is the estimated warranty expense.
The company then sets off the estimated warranty expense (Debit)
(<em>4.5% * $88,000 = $3,960</em>)
with the warranty liability (Credit) to entertain any claims in future.