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4 years ago

$7400 at 3% for 4 years

Business

1 answer:

Stells [14]4 years ago

7 0

Answer

Simple interest :888.00

Compound interest :928.77

Explanation:

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The relationship between employer and employee can be thought of in terms of a(n) ____, a description of what an employee expect

nydimaria [60]

Answer:

The answer is: psychological contract

Explanation:

Psychological contracts are the expectations or promises exchanged between the parties; employer, employee, or even fellow employees, in an employment relationship. They are not written contracts, but they often implicit or understood between the parties. For example, an employee expects that if he or she works really hard, eventually he or she will receive a promotion or a salary raise.

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3 years ago

Suppose that in year 1 an economy produces 100 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. The next ye

mixas84 [53]

Answer:

The value of nominal GDP in years 1 and 2 respectively is:

$900 and $1,077.50.

Explanation:

real GDP is based on the prices of a base year and it is affected by the total output of goods and services, not the nominal value of the goods and services.

real GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

real GDP year 2 = ($3 x 110 balls) + ($8 x 80 pizzas) = $970

nominal GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

nominal GDP year 2 = ($3.25 x 110 balls) + ($9 x 80 pizzas) = $1,077.50

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3 years ago

Arundel Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has

Ipatiy [6.2K]

Answer:

After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

Explanation:

Arundel Company uses aging to estimate uncollectibles.

Estimated uncollectibles = $250,000 x ( 1 - 99.5%) + $70,000 x (1 - 91%) + $30,000 x (1 - 73%) + $8,000 x (1 - 17%) = $1250 + $6,300 + $8,100 + $6,640 = $22,290

The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000.

Bad debt Expense = $22,290 + $2,000 = $24,290

The adjusting entry:

Debit Bad debt Expense $24,290

Credit Allowance for Doubtful Accounts $24,290

After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

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3 years ago

When the Mexican government changes the fixed exchange rate of the peso relative to the U.S. dollar from 1.5 (pesos/U.S. dollar)

Sunny_sXe [5.5K]

Answer:

The answer is: E) devaluated; appreciated

Explanation:

A currency devaluation happens when a country´s currency is deliberately adjusted downward to make it lose value relative to another currency. If this downward adjustment happens in the foreign exchange market and is not deliberately done by a government, is called currency depreciation.

A currency revaluation happens when a government deliberately adjusts the value of its currency upwards to make it gain value relative to another currency. When this upward adjustment happens in a foreign exchange market and is not deliberately done by a government, is called currency appreciation.

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4 years ago

If a firm bakes cookies and sells them for $1,000 while spending $100 on sugar, $150 on chocolate, $50 on other supplies, $300 o

Fantom [35]

The value added is 0, because if we added the value they spend on sugar and the other supplies and etc. it will be $1,000

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4 years ago