Answer: $34,980.13
Explanation:
The amount that the company will spend 4 years from now is simply the future value of the amount that it can spend today.
The amount to be spent today is $20,000 so the amount to be spent 4 years from now is the future value of $20,000:
= Amount * (1 + rate) ^ number of years
= 20,000 * ( 1 + 15%)⁴
= $34,980.13
Answer:
$15,000
Explanation:
Closing retained earnings is the accumulated value of an entity`s profit reserve from its earnings from both current and past accounting periods.Closing retained earnings is calculated by deducting dividend paid from earnings after tax of the current year and adding the balance to opening retained earnings.
= Opening retained earnings + (Earnings after tax - Dividend paid)
Based on the information supplied, the closing retained earnings will be:
$
Service Revenue 10,000
Total Expenses (6,000)
Operating profit 4,000
Dividend <u> (1,000)</u>
Retained Earnings 3,000
Retained Earnings b/f <u> 12,000</u>
Closing Retained Earnings <u> 15,000</u>
Note: No information in regard of tax, so the operating profit is used as profit after tax.
Answer:
True
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
A contractor can be defined as a self employed individual or business entity that provides services or work for another for an agreed fee.
This ultimately implies that, a contractor is a non-employee of the organization he provides services or work for. Some examples of a contractor are consultants, engineers, lawyers, accountants, auditors, doctors etc.
Basically, the government of a country usually employs the services of contractors for the execution of public projects and works.
Hence, both the Government and the contractor have the option of going to court to resolve disputes between them.
What Jimmy should include in the description section of his text ads are:
- State the prices, and exclusive offers.
- Word of Encouragement for potential customers.
- State why his business is unique.
<h3>What is the importance of
text ads ?</h3>
Text ads is been used by a company to promote their business, this usually include the description about their products and services.
In this case, Jimmy should include word of Encouragement for potential customers in the description section of his text ads
CHECK THE COMPLETE QUESTION BELOW;
Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that Jimmy should include in the description section of his text ads? (Choose three.)
(A) A mention of prices, promotions, and exclusive offers
(B) Encouraging potential customers to take action
(C) More landing pages to visit
(D) A variety of emoji to catch the attention of potential customers
Learn more about the ads at
brainly.com/question/9655926
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