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Lena [83]
3 years ago
9

What would be the yearly earnings for a person with $9900 in savings at an annual interest rate of 11.2% percent? (Round your an

swer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)
Business
1 answer:
svetoff [14.1K]3 years ago
6 0

Answer:

$1,109

Explanation:

The computation of the yearly earnings is shown below:

Yearly earnings = Savings × Annual interest rate

                          = $9,900 × 11.2%

                          = $1,109

For computing the yearly earnings, we multiplied the saving with the annual interest rate so that the estimated amount can come

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The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the
Crazy boy [7]

Answer:

A. True

Explanation:

The statement marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the overall goals of the organization is correct because The marketing concept relays on four foundations:  

  • Target market
  • Customer needs,
  • Integrated marketing
  • Profitability.

3 0
3 years ago
A company bills customers for services provided. the company records this transaction with a:_______
geniusboy [140]

A company bills customers for services provided. the company records this transaction with a  Debit Accounts Receivable.

A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.

The definition of a customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

In sales, commerce, and business, customers (sometimes called customers, purchasers, or purchasers) receive goods, services, products, or ideas obtained from sellers, vendors, or suppliers through financial transactions. is a person. Transaction or exchange for money or other valuable consideration

Learn more about customers here:brainly.com/question/380037
#SPJ4

6 0
1 year ago
The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula
lesya [120]

Answer:

$81000

Explanation:

The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.

For example

A bond with $1000 value with 5% interest is simply 5% of $1000 = $50

Therefore,

$3,000,000 * 2.7% = $81000

(2.7 % = 0.027)

Hope that helps.

3 0
3 years ago
Nu Furniture has sales of $241,000, depreciation of $32,200, interest expense of $35,700, costs of $103,400, and taxes of $14,63
Svetlanka [38]

Answer:

$122,963

Explanation:

NU furniture have a sales of $241,000

The depreciation is $32,200

The interest expense is $35,700

The costs is $103,400

The tax is $14,637

Therefore, the operating cash flow for the year can be calculated as follows

= Sales-costs-taxes.

= $241,000-$103,400-$14,637

= $122,963

Hence the operating cash flow for the year is $122,963

5 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Verdich [7]

Answer:

Total Period cost for the month= $427,400.00

Explanation:

Under variable costing,    

Period costs are fixed costs

Fixed Manufacturing Overhead= $298,700.00

Fixed selling & Admin costs= $128,700.00

Total Period cost for the month= $427,400.00  

5 0
3 years ago
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