All categories

2 years ago

Had columbus's voyage acquired wealth for spain, he was supposed to keep what amount?

1 answer:

5 0

He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.

You might be interested in

Castelda company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $999.38 and then pay no annual

professor190 [17]

Answer:

16.59%

Explanation:

We are given the present value of the bonds, their future value and the time, we need to calculate the rate:

FV = PV (1 + rate)ⁿ

FV = 100,000
PV = 999.38
n = 30

100,000 = 999.38 (1 + rate)³⁰

(1 + rate)³⁰ = 100,000 / 999.38 = 100.062

1 + rate = ³⁰√100.062 = 1.1659

rate = 1.1659 - 1 = 0.1659 or 16.59%

8 0

2 years ago

A customer comes into your shop carrying a gorgeous oval bowl. It’s very large and low, and has a pale gray crackled glaze. He t

ivann1987 [24]

To keep the tulips from bending as they often do, you tie them with raffia, a technique known as B. skeletonizing

This type of technique helps the flowers be tied together. The raffia is used like a skeleton for the flowers to stand straight. It supports the tulips, preventing them from bending.

8 0

2 years ago

Read 2 more answers

Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is

victus00 [196]

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

3 0

3 years ago

The George Company has a policy of maintaining an end-of-month cash balance of at least $37,000. In months where a shortfall is

amid [387]

Answer:

$140
$14,140

Explanation:

1. First find the net amount amount the company borrowed in April:

= Cash balance to be maintained + Loan repayment - Budgeted end of April balance

= 37,000 + 1,000 - 24,000

= $14,000

Interest = 14,000 * 12%/ 12 months

= $140

2. Financing effect:

= Amount borrowed + Interest

= 14,000 + 140

= $14,140

6 0

3 years ago

Selling. general, and administrative expenses were $80,000, net sales were $390,000, interest expense was $16.000: research and

elixir [45]

Answer:

The correct answer is C. US$ 30,000

Explanation:

1. What was the operating income for the period?

Operating income = Net sales - Cost of goods - Operational expenses

Operational expenses on this question are:

Selling. general, and administrative expenses
Interest expenses
Research and development expenses
Income tax expense

According to the information provided, we have then:

Operating income = 390,000 - 220,000 - 80,000 - 16,000 - 34,000 - 10,000

Operating income = 390,000 - 360,000

Operating income = 30,000

The correct answer is C. US$ 30,000

8 0

3 years ago