1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masteriza [31]
3 years ago
5

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance was $2,

500. It is now April, and he can pay all except $200. Evacuate his progress and describe the results in one of two sentences.
Business
1 answer:
ohaa [14]3 years ago
4 0
The type of goal that Nick has set for himself is a short term goal which lasts for six months. Nick did very well in keeping to his goal and he was able to achieves a substantial part of his goal before the time he sets for himself. But if Nick has added an extra $50 to the money he pays monthly, he would have completely achieved his set goal in four months.<span />
You might be interested in
With regard to the factors of production, "land" refers to which of these?
Orlov [11]
A) because that is they only one that actually makes sense
6 0
3 years ago
The Geostar Company, leading manufacturer of wireless communication devices, is considering three cost-reduction proposals in ts
S_A_V [24]

Answer: Alternative 3 will be selected.

Explanation:

The system that should be selected is the alternative that is better than the other alternatives by being higher than MARR if selected.

First compare A1 to A0

The rate of return here is 18% which is higher than the MARR of 15% so Alternative 1 should be chosen over A0 which is to do nothing.

Compare A1 to A2

If A2 is chosen over A1, the incremental return is 10% which is less than the MARR of 15% so A2 should not be chosen over A1. A1 should instead be chosen over A2.

Compare A1 to A3

If A3 is chosen over A1 then the incremental return would be 18%. This is higher than the MARR of 15% so Alternative 3 should be chosen over Alternative 1.

Alternative 3 should be chosen over A1 which should be chosen over A2 and A0.

A3 will therefore be selected.

7 0
3 years ago
When calculating the future value of multiple cash flows using a spreadsheet, you must:_________
pashok25 [27]

The answer is to calculate the present value of each cash flow and then add the discounted values together.

When calculating the future value of multiple cash flows using a spreadsheet, you must  calculate the present value of each cash flow and then add the discounted values together.

<h3>What is the meaning of cash flow?</h3>

A cash flow is a physical or digital flow of funds.

The phrase "cash flow" is typically used to represent payments that are projected to happen in the future, are thus unknown, and so need to be forecast using cash flows; a cash flow in its restricted sense is a payment (in a currency), especially from one central bank account to another;

A cash flow's time t, nominal quantity N, currency CCY, and account A are what make it up; symbolically, CF = CF (t,N,CCY,A).

However, it is common to use the term "cash flow" in a broader meaning to describe (symbolic) payments into or out of a company, project, or financial product.

Value, interest rate, and liquidity are only loosely correlated with cash flows. A cash flow that will occur on day tN in the future can be changed into a cash flow with the same value on day t0.

To know more about cash flow, visit:

brainly.com/question/15046681

#SPJ4

4 0
2 years ago
How does communication aids to trade​
Alexus [3.1K]

Answer:

Aids to trade communication

<u><em>Aids to trade includes Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents.</em></u>

Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers.

Hope this helpssss :)

7 0
4 years ago
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer
umka21 [38]

Answer: Please see explanation for answers

Explanation:

1. Journal entry to record bad debt on January 31st

Date            Account Titles and Explanation            Debit            Credit

Jan. 31st      Allowance for doubtful account            $1,600

Account receivables  ( Customer C. Green)                                  $1.600

2. Journal entry to record recovery of bad debt on March 9

A) To reinstate Amount previously written off

Date            Account Titles and Explanation                  Debit            Credit

March 9 Account receivables  ( Customer C. Green)    $1,100

Allowance for doubtful account                                                          $1,100

B) To record payment of account

Date            Account Titles and Explanation             Debit            Credit

March 9            Cash                                                   $1,100

   Account receivables( Customer C. Green)                                  $1,100

3 0
3 years ago
Other questions:
  • Suppose Susan owns a business that operates in a market characterized by monopolistic competition. Susan's profit-maximizing pri
    9·2 answers
  • How are information systems transforming business and why are they so essential for running and managing a business today?
    12·1 answer
  • For each of the following transactions for , state whether the total effect of the transaction results in an increase, decrease,
    8·1 answer
  • International Imports is a merchandising Firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The
    13·1 answer
  • Match each situation with the benefits that professional organizations provide
    13·1 answer
  • You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob
    10·1 answer
  • A company set up a petty cash fund with $800. The disbursements are as follows:
    14·1 answer
  • Rippelmeyer Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one ten
    6·1 answer
  • In a statement of cash flows, the sum of cash inflows and outflows is equal to:
    12·1 answer
  • What makes a business unique
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!