Answer:
255.81
Explanation:
We have the formula to calculate the monthly compound interest as following:
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In which:
+) A: Amount of compound interest
+) P: Principle, the initial deposit
+) r: the percentage rate
+) n: the number of month (if monthly: n =12, quarterly => n = 3, etc.)
+) t: number of years
From that we have: P = 5,000; r = 5% = 0.05; n = 12 months and t = 1
So that the compound interest monthly for 1 year of 12 months is:
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<em>So that the answer is 255.81</em>
Answer:
c. Poor housekeeping of office space
Explanation:
workplace hazards could be regarded as part of the work which could bring
health and safety risks to the workers, this are aspect of the work with potential to harm. In every business or organization there will always a potential harm even though it varies from one work place to another. Types of hazard in work place are biological, chemical, physical hazard and others.
Therefore, mong the options "only option c" poses a workplace hazard that may cause accidents
Answer:
D) positive cash flow of $21,900 from investing activities
Explanation:
To calculate Sonesta's cash flow associated to this transaction we can use the following formula:
cash flow = net book value of the asset - loss on sale of the asset
cash flow = $30,900 - $9,000 = $21,900
The cash flow was generated by an investing activity since Sonesta sold an asset, not its products.
Answer: 1. Goodwill
2. a. Record no entry in the books
b. Record a loss in the books
Explanation:
1. The Special asset created by Heartland Telecom's acquisition of Surety Wireless is Goodwill.
Goodwill is the difference between what the company was worth and what it was purchased for if the purchase price was higher than the worth (market value).
2. a. Goodwill should be accounted for by recoding it in the Long term Assets under Intangible Assets in the balance sheet. It should not be amotrized. If Goodwill increases, there should be no recording this <u>gain</u> on the books.
b. If the value of the asset has decreased, Heartland should record a loss in the books to represent the loss on this account.
Answer:
D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds
Explanation:
From the scenario, we can see that
''Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Cooperative (GFC) to partially fund dredging and new shore facilities.''
From the above extract of the scenario it is clear that loss of mangrove forests reduces fish population. If the foregoing is true, then reduction in fish population implies reduction in the revenue of the Gocha Fishing Cooperative. Secondly the loss of mangrove forests has not only led to loss of revenue due to less fish but also increase in cost by having to fund dredging
Therefore, based on the fact that loss of mangrove leads to loss of fish and by extension revenue, planting more trees will lead to more fish and more revenue, apart from the fact that the cost of dredging will not have to be incurred leading to greater revenue.
