All categories

3 years ago

The saving habits of ben and arthur best illustrate which principle of saving?

1 answer:

5 0

This principle gives idea that an exact amount of money today has different buying power than the same amount of money in the future. This is because of both the opportunity to earn interest on the money and because the drive inflation will prices up. The two Best illustrate their saving habits are the length of time money is invested matters and the rate of return matters.

You might be interested in

Bobbi and Stuart are partners. The partnership capital of Bobbi is $41,400 and that of Stuart is $74,700. Bobbi sells his intere

Romashka-Z-Leto [24]

Answer:

c. John's capital account for $41,400

Explanation:

Based on this information it can be said that in this scenario the journal entry to record the admission of John as a new partner would include a credit to John's capital account for $41,400. This is mainly because even though Bobbi sold his interest for $63,900 his actual interest capital in the partnership was that of $41,400 .... meaning that John now holds a partnership capital of $41,400 and the Bobbi profited $22,500

4 0

3 years ago

Compare and contrast the views of big business and conservationists on the use of natural resources

Blababa [14]

<span>Big business views the natural resources as being the means to achieve their own business goals. They believe in exploit natural resources for their own needs. On the other hand, conservationists believe in preserving the natural resources and consider it an important source for human survival.</span>

7 0

3 years ago

If per capita gdp in 2014 was $900, in 2015 was $1,000, and in 2016 was $1,200, the growth rate of per capita gdp between 2014 a

worty [1.4K]

The formula for Growth rate of per capita GDP is:

Growth Rate = (per capita GDP in 2016 - per capita GDP in 2014) * 100 / per capita GDP in 2014

Growth Rate = (1,200 - 900) * 100 / 900
= 300 * 100 / 900
= 30,000/900
= 33.33 or 33

Therefore, 33% is the per capita growth rate between 2014 and 2016.

6 0

3 years ago

The marketing channels for services are usually Group of answer choices characterized by two to three intermediaries. complex an

Anna71 [15]

Answer:

direct from provider to customer

Explanation:

Service industry is different from the product industry in terms of the marketing channels used. While the product marketing includes thorough examination of possible marketing channels, the service industry has a main marketing channel concept - providing service directly from the provider to customer.

6 0

3 years ago

A company has 150 employees, each working 40 hours per week and earning $11 an hour. Although the company does not pay any healt

ohaa [14]

Answer:

Total salary expense in week 1 = $440 x 150 = $66,000

Total deductions due to taxes = $121.66 x 150 = $18,249

Actual direct deposit of payroll in week is $66,000 minus $18,249 = $47,751

Explanation:

Number of employees = 150

Hourly wage = $11

Weekly hours worked = 40 hours

Weekly wage = 40 x 11 = $440 per employee

Taxes deduction:

Federal - 15% of gross earnings = $66

State - 5% of gross earnings = $22

FICA - 7.65% of first #128,400 = $33.66

Total deductions = $121.66

Net Earnings = $318.34

5 0

3 years ago

Read 2 more answers