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3 years ago

If you put $200 in a savings account that paid 5.5% simple interest each year, how much interest would you earn in five years?

1 answer:

6 0

Formula: Interest =Principal ×rate× time. so, P=200 $, r= 5.5% or 5.5/100 =0.055. t,is the time involved ......5 years (s) time periods....so is 5 .....year time periods..... to find the simple interest ,we multiply 200×0.055×5=$ 55.00. to figure it out the new amount after 5 years it will be liked : $200.00 +$55.00=$255.00

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Answer: it can be touched

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How a society's culture affects the values found in the workplace is considerably important to an international business with op

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The correct answer to this open question is the following.

How a society's culture affects the values found in the workplace is considerably important to an international business with operations in different countries.

Answer:

Society has a series of elements that identify it due to its culture, beliefs, and traditions. These elements are part of the workplace in that employees and employers have a way to relate to each other in different moments, according to the culture and philosophy of the company.

So when a multinational company starts operations in another country, it has to be very aware of the culture, belief systems, and traditions of the people in that new country.

This is of the utmost importance to avoid misunderstandings. There has to be a kind of fusion of cultures to create a new one that serves the goals of the company, understanding ad respecting the local culture.

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3 years ago

The Clark Sports Camp operates three sports programs: basketball, lacrosse and field hockey. The camp provides a unique opportun

igor_vitrenko [27]

Answer:

1. Impact on profits:

Contribution Margin = $63,000

Less: Traceable Rent = $10,000

Less: Salary of Director = $10,000

Total avoidable fixed expenses = $20,000

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Hence, the profits will reduce by $43,000 if the basketball program is eliminated.

3. If the allocated fixed costs can be reduced by $50,000. The program should be dropped since there will be an increase in profits by $7,000 (50,000 - 43,000). The avoidable costs and revenues should be taken into account for the purpose of this decision. If the avoidable costs are more than the revenues, the line should be dropped else not.

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4 years ago

Acme Partnership reported the following items of income and expense: Sales $200,000 Cost of goods sold 115,000 Interest expense

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The amount that ACME Partnership should report as ordinary income is $83,000.

Data and Calculations:

Sales Revenue = $200,000

Cost of goods sold = 115,000

Gross profit = $85,000

Administrative expenses 2,000

Operating income = $83,000

Interest expense 13,000

Taxable income $70,000

Charitable contributions 2,000

Long-term capital gain 10,000

The operating income is the ordinary income before determining the eligibility of the charitable deductions and the long-term capital gain.

Thus, the ordinary income of ACME Partnership is $83,000.

Learn more: brainly.com/question/25056982

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