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slega [8]
3 years ago
9

Two years ago, you invested $3,000.00. Today, it is worth $3,750.00. What rate of interest did you earn?

Business
1 answer:
enot [183]3 years ago
4 0

The annual interest rate is 11.803%.

Assumptions:

- Interest is compounded annually.

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A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance
Dovator [93]

Answer:

the net realizable value of accounts receivable $56.300

Explanation:

To calculate the net realizable value of accounts receivable is necessary to deduct from Account Receivable the total credit amount of the Allowance for Uncollectible Accounts.

The Debit value of Accounts Receivable minus the credit balance of Allowance for Uncollectible Accounts gives the Net Value of Accounts receivables.

8 0
3 years ago
Product B has revenue of $39,500, variable cost of goods sold of $25,500, variable selling expenses of $16,500, and fixed costs
Kay [80]

Answer:

We should discontinue Product B

Explanation:

We should check if Product B generates a contribution or not:

We subtract from the sales revenues the variable cost:

revenue                                   39,500

variable cost of goods sold   (25,500)

variable selling expenses   <u>   (16,500) </u>

Contribution                              (2,500)

<em>As the contribution is negative, we should discontinue </em>Product B as is less expensevely to stop production than continue.

3 0
3 years ago
When it comes to brochures and especially slides, Orange Photography would agree with the chapter that subtle details, such as _
bezimeni [28]

e) consistent color selections; multiple fonts

8 0
3 years ago
Suppose that $ 5 000 is invested at 3.9 % annual interest​ rate, compounded monthly. How much money will be in the account in​ (
BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A =  $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A =  $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

4 0
3 years ago
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Your management has decided that all orders will be treated as "projects" and that project managers will be used to update order
a_sh-v [17]

Answer:

B. This is program management since there are multiple projects involved.

Explanation:

A program manager manages multiple projects, and sometimes multiple programs while a project manager manages the teams responsible for fulfilling the project and achieving its deliverables

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