1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina CMI [18]
3 years ago
6

Art invested $100 two years ago at 8 percent interest. The first year, he earned $8 interest on his $100 investment. He reinvest

ed the $8. The second year, he earned $8.64 interest on his $108 investment. The extra $.64 he earned in interest the second year is referred to as:1. Free interest.2. Bonus income.3. Simple interest.4. Interest on interest.5. Present value interest.
Business
1 answer:
nikitadnepr [17]3 years ago
4 0

Answer:

Option 4- Interest on Interest

Explanation:

Look we earned $8 in the first year which we invested in the same business. Okay now we again earned 8% on this $100 and $8 invested in the second year. The 8% on the $8 is $0.64 which is the interest earned on the interest invested in the previous year.

You might be interested in
You are an experienced manager, and you fortunately have the ability to use all four managerial styles: directing, coaching, sup
nikitadnepr [17]

Answer:

B) You should sit down with the programmers and give them information about how to deal with bugs as they occur.

Explanation:

Options:

A. You should focus on reassuring the programmers: give them pep talks and tell them you know that they have the skills to accomplish the job.

B. You should sit down with the programmers and give them information about how to deal with bugs as they occur. But make sure that you set aside time for extensive praise and support.

C. You should tell your programmers that the project is theirs—they can do what they want with it as long as they have something to show you in two months.

D. You should continue the focus on teaching your employees how to program, especially showing them new ways of increasing efficiency. The bugs will take care of themselves.

B) is correct answer

(Hope this helps can I pls have brainlsit (crown)☺️)

4 0
3 years ago
Gekko, Inc. reported the following balances (after adjustment) at the end of 2008 and 2007.
nevsk [136]

Answer:

Correct answer is D, P3,900

Explanation:

Begging Allowance for doubtful account is P1,500 (96,000 - 94,500). Ending balance of Allowance for doubtful account is P3,000 (P108,000 -P105,000). We can now work back the provision for doubtful accounts that the company has made during 2008.

Beginning P1,500

Add:

Collection of written off accounts 800

Total P2,300

Less:

Written off 3,200

Total (P900)

Therefore, in order for the company to have an ending inventory of P3,000, They must have set up a provision for doubtful accounts in the amount of P3,900. Attached herewith is the T-account of allowance for doubtful accounts

6 0
4 years ago
What are primary and secondary markets?
kotegsom [21]

Answer:

Explanation:

The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.

The initial public offer is an example of the primary market .

On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.  

Example - New York Stock Exchange (NYSE), etc.

8 0
3 years ago
Dyson cordless vacuum cleaners offer heavy-duty performance for cleaning all floor types. The Dyson is also very lightweight and
pav-90 [236]

Because the Dyson provides the user with really clean floors and carpets, the Dyson is an example of utilitarian value

<h3>What is a Utilitarian Value?</h3>

This refers to the value that is received by a customer based on task-related behavior where there is a functional product aspect.

Hence, we can see that based on the fact that Dyson cordless vacuum cleaners offer a service for a price of $599 and gives really clean floors, they are an example of utilitarian value.

Read more about utilitarian value here:

brainly.com/question/14570851

#SPJ1

3 0
2 years ago
On December 31, 2020, BEL Company had 300,000 shares of common stock issued and outstanding. BEL issued a 5% stock dividend on J
KIM [24]

Answer:

297,500 shares

Explanation:

Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.

Weighted average number of shares are used to calculate the basic earning per share.

Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 40,000) x 3/12 ) ]

Weighted Average Number of Shares = 150,000 + 78,750 + 68,750

Weighted Average Number of Shares = 297,500 shares

6 0
4 years ago
Other questions:
  • Explain why the joint events in a contingency table are mutually exclusive. choose the correct answer below.
    6·1 answer
  • A career goal should be measurable, detailed, and include a plan.<br> a. True<br> b. False
    6·2 answers
  • Observations about "youth gone wild" have lead to recent calls to reduce the age of responsibility to allow for younger violent
    9·1 answer
  • If common equity financing is 60% of the optimal capital structure and the existing limit of internal equity is $500,000. Solve
    15·1 answer
  • Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be
    10·1 answer
  • Eagle Company, a partnership, had a short-term capital loss of $10,000 during the current year. Aaron, who owns 25% of Eagle, wi
    15·1 answer
  • A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut
    5·1 answer
  • Jefferson tutoring had the following payroll information on Feb 28:
    6·1 answer
  • A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its useful life. Monthly d
    6·1 answer
  • Contrast the effects of LIFO versus FIFO on reported assets (i.e., the ending inventory) when
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!