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
mars1129 [50]
4 years ago
5

How many years would it take for an investment of $280,000 to accumulate to at least $425,000 at 15% per year interest?

Business
1 answer:
Alex73 [517]4 years ago
4 0

Answer:

i will take at lease 3 years to get 425,845

You might be interested in
​_____ is a situation in which a country does not trade with other countries. the​ _____ is the ratio at which a country can tra
elena55 [62]

Answer:

Question 1:<u> Autarky</u> is a situation in which a country does not trade with other countries. The <u>terms of trade</u> is the ratio at which a country can trade its exports for imports from other countries.

Question 2: The correct options for question 2  is d. all of the above

Explanation Answer 1

Autakry is a theoretical economic condition in which a country is self-sufficient. In such a scenario, it won't require the need to trade with other countries. The terms of trade are a ratio which depicts the average trade made for a particular country i.e average for both the imports and exports.

Explanation Answer 2

In reality, countries have to trade. They might lack important resources, such as oil or even food. They might also need to trade raw materials that might be required for export products.

Sometimes, it might even better to move the production of a product, from one country to another, simply because it might be cheaper.

Hence, in question 2, all of the options are correct.

Explanation:

6 0
3 years ago
Prepare a statement of cash flows using the indirect method for the year ended June 30, 2019. (Amounts to be deducted should be
natka813 [3]

Answer:

                                      IKIBAN INC.

           Statement of cash flow using indirect method for

                           the year ended June 30, 2019

Particulars                                                                   Amount $

Cash flow from operating activities

Net Income                                                                  145,510

<em>Adjustments to reconcile net income to net</em>

<em>cash provided by operating activities   </em>

<u>Adjustment for non cash effects</u>

Depreciation                                                                 81,600

Gain on sale of equipment                                          -4,300

<u>Change in operating assets & liabilities</u>

Increase in accounts receivable                                 -25,500

Decrease in inventory                                                  34,200

Decrease in prepaid expenses                                    3,300

Decrease in accounts payable                                    -16,500

Decrease in wages payable                                        -11,300

Decrease in income taxes payable                             <u>-2,700  </u>

Net cash flow from operating activities (A)              204,310

Cash Flow from Investing activities

New equipment purchased                                        -80,600

Equipment sold                                                             <u>12,300</u>

Net cash Flow from Investing activities (B)        -68,300

Cash Flow from Financing activities  

Cash dividends paid                                                   -162,310

($31,000 + $145,510 - $14,200)

Common stock issued                                                  83,000

Notes payable paid                                                     <u>-30,000</u>

Net cash Flow from Financing activities (C)            -109,310

Net Change in cash = A+B+C                                   $26,700

($204,310 - $68,300 - $109,310)

Beginning cash balance                                          <u>$67,000</u>

Closing cash balance                                               <u> $93,700</u>

6 0
4 years ago
Judy started a business called Music and Memories™. She recognized that music, socialization, and memory-challenging activities
liq [111]

Answer: (B) Non-profit

Explanation:

 The non-profit organization is one of the type of charitable association that do not paying any type of tax and it basically operating on the basis of scientific, educational and the religious purpose.

 According to the given question, Judy is basically starting the new business and she recognizing the various types of music activities socialization and also the memory challenging process for the senior citizen.

She is using the excess funds for developing the programs rather than focusing on the personal profit. Hence, on the basis of given scenario, Judy organization is classifying as non-profit organization.

 Therefore, Option (B) is correct answer.    

6 0
3 years ago
Which is a common use for minerals
Neporo4naja [7]

Answer:

in food they provide day-to-day nutrients that the body needs in order to function

Explanation:

8 0
3 years ago
Read 2 more answers
What is a strategy for reducing the risk of identity theft?
Pepsi [2]

Answer:

b

Explanation:

extra cards and id makes it easier for people to steal (pickpocket) and get into accounts and all of the others would make it easy

4 0
3 years ago
Read 2 more answers
Other questions:
  • How will consumers react to the incentive of a higher price on a good or service?
    14·2 answers
  • "florence deposits $4,000 at the end of each year in an account earning 2.35% interest, compounded annually. what is the future
    6·1 answer
  • PERT is a popular technique for analyzing the tasks involved to complete a given project, estimating the time required to comple
    15·1 answer
  • The use of accounting information as a tool to communicate without providing any influence that would sway a decision is called
    6·1 answer
  • Hotwax makes surfboard wax in a single operation. This period, Hotwax purchased $62,000 in raw materials. Its production departm
    13·1 answer
  • Direct materials are $15 per unit; direct labor is $7 per unit and variable overhead costs are $2 per unit. If total product cos
    15·1 answer
  • HELP MEE
    10·1 answer
  • Bramble Corp. purchased equipment for $48800. Sales tax on the purchase was $2928. Other costs incurred were freight charges of
    9·1 answer
  • SEE
    10·2 answers
  • Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received y
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!