Answer: $11,620
Explanation:
A=P(1+r/n)^nt
A=$10,000(1+0.03/12)^12×5
A=$10,000(1+0.0025)^60
A=$10,000(1.0025)^60
A=$10,000(1.162)
A=$11,620
Note: A= Future value
P= principal
r=Interest rate
n= no.of time Interest is compounded
t= time money is invested.
Answer:
$30.40
Explanation:
($40 million − $2 million) / 1.25 million shares = $30.40
Answer:
C
Explanation:
A. Substantial number of accounts does not specify if these are large or small amounts, and large amounts would need to have a positive confirmation.
B. If these risks are high, there needs to be postivie confirmation from the clients of the company since there is high risk involved.
D. If the clients are not going to give them consideration, and the point of a negative confirmation is that it is a valid receivable, there is no way of knowing if they didn't reply if its correct or if they just didn't reply.
Answer: $20040
Explanation:
The amount of accumulated depreciation at December 31, 2013, will be calculated thus:
Cost = $51000 + $2100 + $6000 = $59100
Less: Salvage value = $9000
Depreciable cost = $50100
Annual depreciation will then be:
= $50100/5
= $10020
Accumulated depreciation at Dec 31,2013 will then be:
= $10020 × 2
= $20040
The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.
<h3>What are spreadsheets?</h3>
A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.
The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.
Therefore, the above statement is true.
Learn more about the spreadsheets, refer to:
brainly.com/question/26079895
