Answer:
oh ok im a little bit confused but can u give me the answer choices if there is any
Explanation:
Answer:
it is a type of discrimination at workplace which is permitted by law
Answer:
The accounts receivables turnover is 4.85 times
Explanation:
The accounts receivable turnover is a ratio to check the efficiency of the credit and collection department of a firm. It tells on average, how many time the business collects its average accounts receivables. The formula to calculate the accounts receivables turnover is,
Accounts Receivables turnover = Net Sales / Average Accounts receivables
Where,
Average Accounts Receivables = (Opening Accounts Receivables + Closing Accounts Receivables) / 2
The amount of closing accounts receivables for the year is,
Closing accounts receivables = 23500 + 199000 - 164000
Closing accounts receivables = $58500
Average accounts receivables = (23500 + 58500) / 2 = $41000
Accounts receivables turnover = 199000 / 41000 = 4.85 times
Compounding is the process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting the interest.
<h3>What is compounding?</h3>
This can be explained to be a situation where the interest that is made from a sum of money is added into the principal sum of money and reinvested.
The initial principal amount and the interest made after a period when added together is regarded as compounding.
Read more on compounding here:
brainly.com/question/24924853
Answer:
Amount invested today when first withdrawal end year $201302
Amount invested today when first withdrawal immediately $217407
Explanation:
given data
Annuity = $30,000
Rate r = 8% = 0.08
time Period NPER = 10 years
solution
we get here first present value of ordinary annuity that is
Annuity(PV, NPER, r)
= $30,000
(PV,10,8%)
= 6.71008
Present value = $30,000 × 6.71008
Present value = $201302.44
and
when he invest today if the first withdrawal takes place immediately is
Present value = $30,000 × 6.71008 × 1.08
Present value = $217406.64