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3 years ago

Interest is the rate earned from a stock share savings account deposit loan

Business

1 answer:

Law Incorporation [45]3 years ago

4 0

Answer:

savings account

deposit

Explanation:

Interest is the money earned when deposits or savings stay in a financial institution for some time. Financial institutions such as commercial banks pay interests to encourage the public to save and keep deposits in their bank accounts. Interest earned is determined by the amount of deposit or saving, the interest rate offered, and the duration of time the money stayed in the bank.

A high-interest rate is attractive to the public as it earns more interest. Financial institutions compete for deposits and saving by offering better interest rates.

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able below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues Price (dollars) Quantity Demanded

aniked [119]

Answer:

The profit maximizing output for a monopolist is the output level where marginal cost is equal to marignal revenue.

Explanation:

Price Q Demanded Marginal Revenue Marginal Cost

$76 100 $76 $25

71 200 66 68

66 300 56 56

61 400 46 82

56 500 36 76

51 600 26 48

Arranging the information in the chart above, we can see that for a quantity demanded of 300 units, and a price of $66, marginal revenue and marginal cost are exactly the same, $56.

Thus, the profit-maximizing level of output is 300 units.

4 0

2 years ago

Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesda

Shalnov [3]

Answer:

general partnership

Explanation:

General partnership -

It refers to the management of a particular business , by two or more partners in a predefined manner , where the profit is shares equally amongst the partners , is referred to as general partnership .

The decision about the business is taken along with all the partners ,like the financial decisions.

Any loss or profit is shares equally amongst all .

Hence , from the given scenario of the question ,

Sandra and Clara enters into a general partnership .

3 0

3 years ago

At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b

meriva

Answer:

$6,540

Explanation:

Given:

accounts receivable of $238,000

allowance for uncollectable accounts of $600 (credit)

Also, the allowance for uncollectible accounts should be 3% of accounts receivable.

Therefore the amount of the adjustment for uncollectible accounts would be

= 3% of $238,000 - $600= $(7140-600)= $6,540

4 0

3 years ago

You have planned purchases of $2,500. you have received orders that total $1,200, and you have ordered merchandise that totals $

laiz [17]

How to calculate Open-to-buy:
Open-to-buy = planned purchases - (orders received + merchandise ordered)

Planned purchases = $2,500
Received orders = $1,200
Ordered merchandise = $700

Open-to-buy = $2,500 - ($1,200 + $700)
Open-to-buy = $2,500 - $1,900
Open-to-buy = $600

3 0

3 years ago

Jamison Company reports depreciation expense of $50,000 for Year 2. Also, equipment costing $170,000 was sold for a $6,000 gain

asambeis [7]

Answer:

$44,000

Explanation:

According to the scenario, computation of the given data are as follow:-

Depreciation on Sold Equipment

Particular Amount($)

Year 1-Accumulated depreciation 550,000

Year 2-Depreciation 50,000

Year 2 –Total accumulated depreciation 600,000

Less-Year 2-Reported depreciation 468,000

Depreciation on sold equipment 132,000

Received Cash from the Sale of Equipment

Particular Amount($)

Cost of equipment 170,000

Less-Depreciation on sold equipment 132,000

Written down value of equipment 38,000

Add-Profit on sale of equipment 6,000

Sale price of equipment 44,000

8 0

3 years ago