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4 years ago

Tips, bonuses, and capital gains are all _____.

Business

2 answers:

Nataliya [291]4 years ago

8 0

I would say your answer is number 3

SCORPION-xisa [38]4 years ago

6 0

Tips, bonuses and capital gains are all sources of income. A bonus is an additional sum of money given to an employee for achieving targets or goals. Tips are extra income given to an employee for the great service given to customers. Tips are usually given by the customers.

Capital gains is a profit gained from the sale of a property.

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On August 1, 2020, Ascent Corp. borrowed $80,000 cash on an 8-month note payable with a 7% annual rate that requires Ascent to p

Ipatiy [6.2K]

Answer and Explanation:

The computation is shown below:

Interest payable:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 5 ÷ 12

= $2,333.33

And,

Interest expense:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 3 ÷ 12

= $1,400

So here for recording the payment of interest the interest payable is debited for $2,333.33

The same is to be considered

6 0

3 years ago

Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 per ounce. This implies an exc

AfilCa [17]

Answer:

The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.

We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros

E.G Buy a $1000 from the market for £555(10,000*1/1.8)

After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.

Explanation:

4 0

3 years ago

You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea

evablogger [386]

Answer:

It will take 6.68 years to reach the $10,000 goal.

Explanation:

As the deposit of $1,000 per year is a form of the annuity payment.

We will use the following formula in order to calculate the numbers of year required to reach the goal

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

Where

Future value of Annuity = Target amount = $10,000

Annuity payment = Yearly deposti = $1,000

Interest rate = 14%

Numbers of years = n = ?

Placing values in the formula

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

$10,000 = $1,000 x ( ( ( 1 + 14% )^n ) - 1 ) /14%

$10,000 x 14% = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 / $1,000 = ( ( 1.14 )^n ) - 1

1.4 = ( ( 1.14 )^n ) - 1

1.4 + 1 = 1.14^n

2.4 = 1.14^n

Log 2.4 = n x Log 1.14

n = Log 2.4 / Log 1.14

n = 6.681525965

n = 6.68 years

It will take 6.68 years to reach the $10,000 goal.

7 0

3 years ago

Countries that are partly industrialized but extract profits from poor countries to pass on to core countries are called?

Alenkasestr [34]

Semiperipheral countries. they have traditional values and institutions.

<h3>What is Semi-periphery countries?</h3>

According to world-systems theory, the industrialising, primarily capitalist countries that are situated halfway between the periphery and the core countries are the semi-periphery countries, also known as merely the semi-periphery.
Semi-periphery countries are frequently situated physically between core and peripheral regions as well as between two or more competing core regions.
They have organisational traits with both core countries and periphery countries.

<h3>What do you mean by semi-peripheral regions?</h3>

Semi-peripheral areas in world systems theory are those that are situated halfway between the core and the peripheral.
The organisational structure of these nations or areas is made up of both core and peripheral nations, and they are frequently situated geographically between two or more core nations.

Learn more about Semi-periphery countries here:

brainly.com/question/16191479

#SPJ4

5 0

2 years ago

Describe the economy of the islands in the west indies.

Firdavs [7]

Answer:

Agriculture is the traditional basis of the economies of the West Indies.

<h3>What is the economy of the West Indies?</h3>

Agriculture is the traditional basis of the economies of the West Indies, but production and employment in agriculture have been declining.
Most countries are not self-sufficient in food production, and cereals, primarily wheat, are the chief food imports.

To learn more about the west indies, refer

to brainly.com/question/26386481

#SPJ4

7 0

2 years ago