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3 years ago

A _________ value in Xn can pose a problem for an economy over the longer term.

1 answer:

3 0

A large negative value in Xn can pose a problem for an economy over the longer term. Xn represents the net export value and is used in calculating a country's GDP value. A negative value in Xn means that the value of goods imported is greater than the value of goods exported.

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Why do you earn more money using compound interest than you would using simple interest?

PilotLPTM [1.2K]

Interest is calculated as a <u>percentage of the principal</u>. With compound interest, the interest earned is <u>added back into the principle</u> so during the next period you start earning interest on the new, higher amount. Every time the interest compounds, it gets added into the principal and you earn more and more interest.

Example:

10% simple interest on $100:

(.1 * 100) +100 = 10 + 100 = $110

But if you do 10% interest compounding monthly for 3 months you have:

Month 1: (.1 * 100) +100 = 10 + 100 = $110

Month 2: (.1*110) +110 = $121

Month 3: (.1*121) + 121 = $133.10

Even with this simple example you can see how much more money is earned when your interest is compounded and added back into the principal.

8 0

4 years ago

Precision Aviation had a profit margin of 7.00%, a total assets turnover of 1.4, and an equity multiplier of 1.8. What was the f

Novosadov [1.4K]

Answer:

17.64%

Explanation:

Precision aviation has a profit margin of 7%

The total assets turnover is 1.4

The equity multiplier is 1.8

Therefore the ROE can be calculated as follows

= Total assets turnover × equity multiplier × profit margin

= 1.4 × 1.8 × 7

= 17.64%

Hence the ROE is 17.64%

7 0

3 years ago

Marking brainliest :) and 100 points!! When can a student begin practicing skills related to business information management?

bagirrra123 [75]

C. Because u need to have to take CTE classes in business management and administration.

5 0

2 years ago

Read 2 more answers

Xenox Company had net credit sales during the year of $1300000 and cost of goods sold of $800000. The balance in accounts receiv

Lunna [17]

Answer:

8 times

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Net credit sales = $1,300,000

Beginning accounts receivable = $185,000

Ending accounts receivable = $140,000

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.

It can be calculated as:

Average accounts receivable = $\frac{Beginning accounts receivable + Ending accounts receivable}{2}$

Average accounts receivable = $\frac{185,000 + 140,000}{2}$

Average accounts receivable = $\frac{325,000}{2}$

Average accounts receivable = $162,500

Accounts turnover ratio = $\frac{Net credit sales}{Average accounts receivable}$

Accounts turnover ratio = $\frac{1,300,000}{162,500}$

Accounts turnover ratio = 8 times

4 0

3 years ago

25. XYZ Company leased equipment to West Corporation under a lease agreement that qualifies as a finance lease to West but not a

Sergeu [11.5K]

Answer:

The balance in right-of-use asset after two years using straight-line method is $428,571.

Explanation:

Right-of-use asset is simply the lessee's right to the use of leased asset under the agreed terms. The term came into being as a result of IFRS 16 Leases, which replaced IAS 17.

Using straight-line method, depreciation expense is calculated as (Cost - Residual Value) / No of useful life

The economic life of the asset is what we would use as the useful life and not the lease term since that approximates the useful life of the asset.

Therefore, depreciation = ($600,000 - 0) / 7 years = $85,714 yearly

Accumulated depreciation for 2 years is $85,714 x 2 = $171,429 approximately

Therefore, the balance (net book value) in the right-of-use asset after two years will be $600,000 - $171,429 = $428,571

3 0

3 years ago