The interest rate might you won't earn on your money over the one-yr length interest = P x R x N.
Right here's the simple interest formula: hobby = P(15000) x R x N. P = essential amount (the start stability). R = interest price (16000-15000)(typically in line with 12 months, expressed as a decimal). N = wide variety of time periods (generally one-12 months time periods).]
An interest rate tells you the way high the value of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest fee is the amount you're charged for borrowing cash, shown as a percent of the overall amount of the mortgage.
in the case of cash you own, such as a financial savings account, interest is the quantity you earn while you permit a person else to use or keep your funds. for instance, if you borrow $5,000 at an easy interest price of 3% for five years, you may pay a total of $750 in the hobby. The method for the simple hobby is A = P (1 + rt).
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Answer:
Self-directed work groups and virtual teams
Explanation:
The groups are usually people with diverse skills that work together into a project without the classic managerial structure since the team is capable enough to understand when and how to generate value.
Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
<h3>What is break even point?</h3>
Break even point is the point in which a company neither make gain or loss.
Based on the information given company A has reached the break-even point because there is no gain or loss.
Company A's contribution margin also equals the fixed costs.
Contribution margin=Sales-Variables cost
Contribution margin=$500,000-$350,000
Contribution margin=$150,000
Contribution margin equal fixed cost of the amount of $150,000.
Inconclusion Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
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Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The net income is $15,750
Now the return on sales would equal to
= Net income ÷ net revenue
= $15,750 ÷ $62,950
= 25%
The given return on sales is 16% but the calculation says that the return on sales is 25% which reflects improvement in profitability
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
Answer:
The Deans vested benefit will be $13,776.
Explanation:
We can take out the Dean's vested benefit or you can say the annual retirement benefit he has earned so far by multiplying the average of three highest annual salaries by benefit percentage and also multiplying that by the vesting percentage of Deans and the number of years for which he has worked under WCC inc .
DEAN VESTED BENEFIT =
Average of 3 annual salaries x benefit % x vested % of dean x number of
years dean has worked
Firstly here we have to take out the average salary of 3 years,
$71,750 x 3 / 3
= $71,750
DEAN VESTED BENEFIT =
$71,750 X 4% X 80% X 6
= $13,776