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2 years ago

The accounts listed on the trial balance with a credit balance include

1 answer:

6 0

The correct answer for this question is "c. owner's capital, revenue, and expense accounts." The accounts listed on the trial balance with a credit balance include the owner's capital, the revenue, and the expense accounts. The trial balance is a two-column schedule with all the debit balances listed in one column and all the credit balances listed in the other.

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Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t

cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years = withdrawals of X for 15 years

<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

We first need to get the future value of the retirement account

and then the PMT this fund can do.

deposits future value:

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 444

time 240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

$444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\$

FV $162,847.9340

withdrawals PMT:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $162,847.93

time 180

rate 0.005

$162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\$

C $ 1,374.203

6 0

3 years ago

Which of the following best describes the ordered pairs listed below? (-5, -7), (0, -12), (-5, -19), (8, -20)

viva [34]

It is not a function bc -5 repeats 2x

4 0

2 years ago

A person invested $20,000 into two accounts that pays 2.5% and 3% simple interest annually, respectively. find the amount invest

denpristay [2]

Let:
x = amount in the account invested in 2.5%
20000 - x = amount in the account invested in 3%

Solution:
.025x + .03 (20000 - x) = 540
.025x + 600 - .03x = 540
-.005x + 600 = 540
-.005x = 540 - 600
-.005x = -60
x = 12000

Therefore, that person invests 12,000 at 2.5%
and
20,000 - 12,000 = 8,000 at 3%

8 0

3 years ago

Read 2 more answers

Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of op

Mars2501 [29]

Answer:

Operations management is relevant to improve the overall productivity in an organization as it involves working with all departments in the organization.

Explanation:

Operations management involves planning, organizing and controlling the production processes by which raw materials are converted into valuable goods and services to be distributed to customers.

An operations manager works with managers in other organizational functions to improve the overall productivity in the organization.

He or she maintains contact with; the financial manager to agree on the budget needed for production, the purchasing manager to determine what raw materials will be purchased for production, the personnel manager to sort out the human resources required for the production process, and the marketing manager to ensure that customer needs are taken into consideration when producing goods and services.

4 0

2 years ago

The growth of the global company has led to the growth of global fund raising as companies seek low-priced sources of funds thro

pishuonlain [190]

The correct options about the international obtaining of funds are:

Money markets
Capital markets

<h3 /><h3>Money Market</h3>

The money market is a good form to obtain money to capitalize a company, it functions when an enterprise negotiate debt instruments to short term, giving to the buyer low risk and high profitability, in this form, the company obtain for a shor term a large mount of money and can invest in technology, resources or others to improve and grow.

If you want to learn more about Financial Market, you can visit the following link: brainly.com/question/15960668?referrer=searchResults

4 0

2 years ago