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kkurt [141]
3 years ago
13

Please help me What are interests?

Business
2 answers:
Nostrana [21]3 years ago
6 0

Explanation:

When money is borrowed, interest is charged for the use of that money over a certain period of time. The amount of interest charged depends on the amount of money borrowed, the interest rate and the length of time for which the money is borrowed.

den301095 [7]3 years ago
4 0

Answer:

things that people are into or enjoy doing.

Explanation:

also known as hobbies or skills

You might be interested in
A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
zalisa [80]

Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

6 0
3 years ago
XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank
tamaranim1 [39]

Answer and Explanation:

The answer is attached below

3 0
2 years ago
Large firms with multiple offerings in a particular product category engage in _____ targeting strategies to obtain a bigger sha
Sergeeva-Olga [200]

Answer: Differentiated

Explanation:

Differentiated Marketing is a form of marketing where a business offers several products to meet the needs of the different segments found in a market. Large firm's can produce several products to meet the need of the various market segments which would increase purchase of their products.

3 0
3 years ago
Kim hired Gold Contracting to build a pool and a fancy gazebo in her backyard. The plans were complex and required expert workma
Rufina [12.5K]

Answer:

B. Kim will win, because the bonus is a reward for work they have already performed, which is past consideration and cannot be used to create a contract.

Explanation:

In order for a contract to be enforceable, consideration must be exchanged between both parties. In this case, Kim made a promise that included consideration ($3,500) but Gold didn't exchange of give anything back. The swimming pool is already finished and it represents another different contract.

Another example would be a boss telling a subordinate that he/she will receive a bonus for having worked 10 years in the firm. The employee already got paid for working the 10 years, so there is no actual exchange of new consideration.

5 0
2 years ago
Chisholm Associates uses the indirect method to prepare the operating activities section of the statement of cash flows. The fol
Kobotan [32]

Answer:

$58100

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in an asset other than cash is an outflow of cash while an increase in liabilities is an inflow of cash. A decrease in an asset other than cash is an inflow of cash while an decrease in liabilities is an outflow of cash.

Change in

Accounts receivable = $ 42,550 - $ 32,100=

 = $10450   (Asset)

Prepaid insurance = 3,550 - 6,700

= -$3150  (Asset)

Accounts payable = 28,350 - 26,100  

= $2250  (liability)

Unearned revenue = 6,350 - 8,500

= -$2150  (liability)

The net cash flows from operating activities

= $65,500 - $10450  + $3150  - $2250  + $2150

= $58100

7 0
3 years ago
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