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3 years ago

You invest $10,000 at 4% interest, which will be compounded semiannually. How much will you have in 5 years?

Business

1 answer:

Alborosie3 years ago

3 0

You will have $2,167 or in total you will have $12,167

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On July 1, a company paid the $600 premium on a one-year insurance policy with benefits beginning on that date. What will be the

Schach [20]

Answer:

$300

Explanation:

When insurance is paid in advance, the entries required are

Debit Prepaid Insurance

Credit Cash account

As time elapses and the insurance expires,

Debit Insurance expense

Credit Prepaid Insurance

Amount of insurance expense as at 31 December (6 months between 1 July and 31 December)

= 6/12 * $600

= $300

The insurance expense on the annual income statement for the first year ended December 31 is $300.

8 0

2 years ago

ACME Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expense

Elodia [21]

Answer:

$23,740

Explanation:

Given that,

Sales = $103,000

Fixed expenses for the month = $36,000

Contribution margin ratio = 58%

Net operating income:

= (Contribution margin ratio × Sales) - Fixed expenses for the month

= (0.58 × $103,000) - $36,000

= $59,740 - $36,000

= $23,740

Therefore, the best estimate of the company's net operating income in a month when sales are $103,000 is $23,740.

8 0

3 years ago

How do consumer expectations affect demand?

daser333 [38]

If the consumer expected price increase for any reason in such good he will buy it before the time he expects to apply for that increase.

5 0

3 years ago

The balance sheet for the partnership of Nina, Pinta, and Santa Maria at January 1, 2017 follows. The partners share profits and

ANTONII [103]

Answer:

$115,714

Explanation:

If the partnership's assets were $540,000, and if we assume that there are no liabilities, then:

Nina's capital account should have been 3/10 x $540,000 = $162,000

Pinta's capital account should have been 2/10 x $540,000 = $108,000

Santa Maria's capital account should have been 5/10 x $540,000 = $270,000

If they decided to pay Nina only $135,000 for her partnership stake, then the remaining partnership's assets were $405,000. This means that the partnership's capital account should be divided as follows:

Pinta's capital account should have been 2/7 x $405,000 = $115,714

Santa Maria's capital account should have been 5/7 x $405,000 = $289,286

3 0

3 years ago

Anya is a general manager for a large department store. Each day she plans the number of employees she will have in each departm

Vitek1552 [10]

The process of planning the break schedules and the freight delivery schedules is known as an operational planning.

<h3>What is an operational planning?</h3>

This refers to the outlining of key targets that a firm will undertake during a period of time that is usually one year.

Hence, the process of planning the break schedules and the freight delivery schedules is known as an operational planning.

Therefore, the Option A is correct.

Read more about operational planning

<em>brainly.com/question/15994861</em>

#SPJ3

4 0

1 year ago