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son4ous [18]
3 years ago
10

What is the simple interest earned on $2200 at a 4.6% interest rate for 3 years? Round your answer to the nearest cent

Business
1 answer:
Vlad1618 [11]3 years ago
5 0
It would be $303.60 simple interest earned
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The rationality assumption as used in economicsA. is widely accepted by other social science disciplines as well.B. states that
NNADVOKAT [17]

Answer:

(D) presumes that everyone can perform sound logical analysis at all times

Explanation:

Economics assumes that everyone is rational and will always choose an option that yields the highest utility in all cases. This accounts for the term "the rational human being" in Economics.

5 0
3 years ago
Khrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning
zloy xaker [14]

Answer: A.) $32.64 per machine hour

Explanation:

Given the following :

Estimated machine hours = 41,000 machine hours

Estimated variable manufacturing overhead = $4.16 per machine hour

Estimated total fixed manufacturing overhead = $1,167,680

Total Estimated manufacturing overhead :

(Estimated total variable manufacturing overhead + Estimated total fixed manufacturing overhead)

Estimated total variable manufacturing overhead:

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= $4.16 × 41,000

= $170560

Total Estimated manufacturing overhead :

$170560 + $1,167,680 = $1338240

Hence,

Predetermined overhead rate :

Total Estimated manufacturing overhead / estimated hours

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4 0
3 years ago
Newdex has net income of $3,000,000 (INCLUDING the effect of expected out-of-pocket costs) and 1,000,000 shares outstanding. It
kkurt [141]

Answer:

$416,667

Explanation:

Current EPS = $3,000,000 / 1,000,000

Current EPS = $3

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New Number of Shares = $5,000,000 / $36

New Number of Shares = 138888.88

Total Number of Shares Outstanding after the new issue = 1138888.88 shares

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Diluted EPS = $2.634

Amount of Dilution in EPS = $3 - $2.634

Amount of Dilution in EPS = $0.3658

Net Income must increase by 1138888.88 * $0.3658 = $416,667. So, Newdex's after-tax income must increase to $416,667 to prevent dilution of earnings per share.

6 0
3 years ago
We determine the net cash flows from investing activities by analyzing changes in _____ accounts from the balance sheet.
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We decide the internet money flows from investing things to do by using analyzing modifications in long-term asset money owed from the stability sheet.

Elevision units that walmart owns for selling to its clients are categorised as equipment.

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Equipment is a non modern-day or long-term asset account which reports the fee of the equipment.

Equipment will be depreciated over its beneficial lifestyles by debiting the income assertion account Depreciation Expense and crediting the balance sheet account Accumulated Depreciation (a contra asset account).

<h3>Where does equipment go in accounting?</h3>

When gear is purchased, it is no longer in the beginning said on the earnings statement. Instead, it is reported on the stability sheet as an increase in the constant property line item.

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5 0
1 year ago
Gina wanted to tell her employees about the seminar, but she put the flyer in a stack of papers and forgot about it until after
omeli [17]

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Sender barrier is the correct answer.

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8 0
3 years ago
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