I know the answer is but b and d because they have the key words savings and with credit you pay lower to so the answer should be A
Answer:
It is $18,290.24
Explanation:
Profit after Tax (65%) = addition to retained earnings+dividend paid
= $411 + $285
= $ 696
Profit before Tax = [100/65] * $ 696
= $1070.76
Tax (35%) = 35% * $1070.76
= $374.77
Gross Profit = Profit before tax + Total expenses
= $1070.76 + [ $4,370+ $103+ $812]
= $6355.76
Cost of Sales= $24,646 -$6355.76
= $18,290.24 .
Note
-Dividend is paid is paid from profit after tax
Answer:
x1.044 - x
Explanation:
The formula for calculating compound interest is as below
FV = PV × (1+r)^n
where FV = Future Value
PV = Present Value
r = annual interest rate
n = number of periods
How much would x dollars earn in 1 year at a rate of 4.4% compounded annually?
In this case, PV =X, r =4.4% and n=1
FV = x x ( 1+4.4/100)^1
Fv = x x( 1.044)^1
Fv = x1.044
x dollars will earn x1.044 - x
Answer: True- Creating and maintaining satisfying exchange relationships
Explanation:
Yes, the given answer is true that the most of the organizations and companies are basically depend upon maintaining and also creating the various types of satisfactory exchange relationship in the business.
The creating satisfying relationship with the customer or the users is one of the important factor as it maintaining the good relationship with the company and helps in increase the growth of an organization.
According to the question, the Mega Grain's cereals is one of the company that depends upon maintaining the exchange relationship in the market by offering various types of satisfactory products to the customers.
Therefore, the given answer is correct.
Based on the fact that CTR, Inc sent a check to Acel Co, there will be a debit to b. Accounts receivable is debited to reinstate the CTR account.
<h3>Which account will be debited?</h3>
The Accounts Receivable account will be debited by the Allowance for Doubtful Accounts to bring back the written off debt.
The Account Receivable account will then be credited to cash to account for the cash being received.
In conclusion, option B is correct.
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