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3 years ago

Bank customers should reconcile their records frequently with to prevent their checks from .

1 answer:

3 0

Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing. They should frequently check the record of their balance in the account and the transactions being made to make sure that th checks they issue will still be valid.

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If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 yea

77julia77 [94]

Answer:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

$7,873.83

Explanation:

a) Data:

Annual investment = $1,600

Interest rate = 14%

Number of period = 4 years

b) Calculations, using an online finance calculator:

FV (Future Value) $7,873.83

PV (Present Value) $4,661.94

N (Number of Periods) 4.000

I/Y (Interest Rate) 14.000%

PMT (Periodic Payment) $1,600.00

Starting Investment $0.00

Total Principal $6,400.00

Total Interest $1,473.83

c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.

4 0

3 years ago

The research and development department of a large manufacturing company would likely be organized as

zlopas [31]

The choices were A. A profit center. B. A cost center. C. A revenue center.
D. An investment center.

The answer is B. a cost center.

Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products.

6 0

4 years ago

Halbur Company reported the following for its recent year of operation: From the income statement: Depreciation expense $ 1,200

rusak2 [61]

Answer:

$300

Explanation:

From Equipment Account we get :

Cost of Equipment Sold = $12,000 - $8,200 = $3,800

From Accumulated Depreciation Account we get :

Accumulated Depreciation = $2,200 + $1,200 - $2,700 = $700

Using Amounts above to prepare a Disposal Account - Equipment we get :

Cash Proceeds = $3,800 - $700 - $2,800 = $300

Conclusion

The selling price of the equipment $300

4 0

3 years ago

Your email marketing service shuts you down if your spam reports exceed 3%. You are doing a mailing to 900 people. What is the m

Likurg_2 [28]

Answer:27

Explanation:900 times 3%=27

5 0

3 years ago

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound

Marysya12 [62]

Answer:

Product K1 = 16.9

Product S5 = 8.6

Product G9 = 10.4

Explanation:

Product K1 Product S5 Product G9

Contribution a $52.39 $20.64 $66.56

($147.39 - $95.00) ($112.64 - 92.00) ($215.56 - $149.00)

Number of Material

Required Per Unit b 3.1 2.4 6.4

Contribution margin

per pound 16.9 8.6 10.4

c = (a ÷ b)

Order in which products

should be produced

and filled 1 3 2

4 0

3 years ago

Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.

Bank customers should reconcile their records frequently with to prevent their checks from .