T/F<br> The amount that savings or an investment grows is called the principal.

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if t

dem82 [27]

Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.

3 0

3 years ago

Transactions for the Sheldon Cooper Company, which provides welding services, for the month of June are presented as follows.

dem82 [27]

Answer:

June 1 Sheldon Cooper invests $4,000 cash in exchange for shares of common stock in a small welding business.

Account Debited: Cash

Account Credited: Common Stock capital

2 Purchases equipment on account for $1,200.

Account Debited: Equipment

Account Credited: Accounts Payable

3 Pays $800 cash to landlord for June rent.

Account Debited: Rent expense

Account Credited: Cash account

12 Bills P. Leonard $300 after completing welding work done on account.

Account Debited: Accounts receivable

Account Credited: Service revenue

5 0

3 years ago

At the end of each of the past 14 years, Vanessa deposited $450 in an account that earned 8 percent compounded annually. (a) How

Travka [436]

Answer:

a) = $10,896.71

b) = $11,768.45

Explanation:

The question is divided into 2 parts

Part a) Amount in the account today

The formula to use is as follows:

FV of Annuity= P(1+r)∧n - 1)/r

P= Periodic Payment = $450

r= Rate of each period= 8%

n= the number of periods= 14

The account today is as follows:

FV = 450 x (1+0.08)∧14-1]/0.08

= $10,896.71

Part b) The formula to use is as follows:

FV = Future value = (1+r) * P * [ (1+r)n -1] / r

P= Periodic Payment = $450

r= Rate of each period= 8%

n= the number of periods= 14

= Fv= (1+0.08) * 450 * [ (1+0.08)^14 - 1] / 0.08

= $11,768.45

3 0

3 years ago

Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1,257 for $2,200 to a c

Evgesh-ka [11]

Answer:

$2,134

Explanation:

Calculation of the amount of the Net sales revenue

First step

Since we were been told that Weston sold the merchandise with a cost of $1,257 for $2,200 with the terms of 3/15 this means we are going to find the 3% of $2,200 calculated as:

3%*$2,200=$66

Second step is to deduct the $66 from the cost of $2,200,in order to find the Net Sales Revenue of Weston Jewelers

Net Sales Revenue =$2,200-$66

Net Sales Revenue=$2,134

Therefore the Net Sales Revenue of Weston Jewelers will be $2,134

8 0

4 years ago

The study of how decisions are made when strategic interaction between firms exists is known as Group of answer choices Game the

Anastaziya [24]

The study of how decisions are made when strategic interaction between firms exists is known as game theory.

The study of mathematical models of strategic interactions between rational beings is known as game theory. It has uses in computer science, logic, systems science, and all branches of social science.

The field of applied mathematics known as game theory offers methods for examining scenarios in which parties, or players, make interdependent decisions. Each player must consider the potential decisions or strategies of the other players because of their interdependence.

Learn more about game theory here brainly.com/question/13548182

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3 0

2 years ago

T/F The amount that savings or an investment grows is called the principal.