Answer:
by 12 % profit amount is 24000
and 3 % loss amount is 8000
Explanation:
given data
invested = $24000
profit p = 12 % = 0.12
loss l = 3 % = 0.03
net profit = $1680
to find out
amount of investment
solution
we consider here amount invested by 11 % = x
so amount invested by 3 % = 24000 - x
so
net profit equation will be
net profit = p (x) - l ( 24000-x)
1680 =0.12 x - 0.03(24000-x)
x = 16000
and
24000 - x
=24000 - 16000
=8000
so
by 12 % profit amount is 24000
and 3 % loss amount is 8000
Answer:
The total cash receipts is $31,000.
Explanation:
Sales Revenue : The revenue which is earned through selling of products and services to the customer during a particular year is known as sales revenue
Interest Revenue: The revenue which is earned through interest is called interest revenue.
For computing the total cash receipts, the equation is shown below:
= Beginning balance of Accounts receivable + Sales Revenue - Closing balance of Accounts Receivable + Interest Revenue
= $13,400 + $43,000 - $26,000 + 600
= $31,000
Hence, the total cash receipts is $31,000
In the telecom industry, the threat of new entrants is most likely low.
Threat of New Entrants<span> is a factor that analyzes how </span>likely it is for a new entrant to enter the competitive environment a company operates. Because the telecom industry in New Taria is <span>characterized by the presence of strong network effects, high brand loyalty, high economies of scale it is very unlikely for a new telecommunication operator to enter the industry.</span>
A credit report is a detailed report of an individual's credit history.
Answer:
Carol should save $672 per month.
Explanation:
Savings is the process of setting aside some part of one's income for the sake of an emergency or for retirement purposes. The best way to budget one's income by economists is: to save at least 20 %, a maximum of 50% should be spent on necessities and the remaining 30% should go towards discretionary items. In our case Carol can budget her income as follows;
<em>Step 1: Determine annual savings</em>
S=20%×N.I
where;
where;
S=savings
N.I=net income
In our case;
S=unknown
N.I=$40300 a year
replacing;
S=(20/100)×40,300
S=(0.2×40,300)=$8,060
<em>Step 2: Determine monthly savings</em>
Monthly savings=annual savings/number of months in a year
where;
Monthly savings=unknown, to be determined
annual savings=$8,060
number of months in a year=12
replacing;
Monthly savings=(8,060/12)=$672 per month
Carol should save $672 per month.