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shepuryov [24]
3 years ago
13

Interest earnings of 4 percent with a $500 minimum balance; average monthly balance, $700; monthly service charge of $20 for fal

ling below the minimum balance, which occurs three times a year?
Business
1 answer:
xeze [42]3 years ago
3 0

Answer:

$39

Explanation:

700*0.4= 28*9/12= $21 per year in interest earned.

3*$20=$60

60-21= $39 net cost

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In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
kakasveta [241]

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 =<em> 529.411,76</em>

8 0
3 years ago
Noelke Industries had a Raw Materials Inventory account balance of $27,388 on June 1. During the month of June, Noelke had the f
lawyer [7]

Answer:

this is messing with my brain lol but i got -493,579?

Explanation:

5 0
4 years ago
Phoenix’s recovery will be complete by 2021, and there will be no further growth in free cash flow. a. Calculate the PV of free
emmasim [6.3K]

Answer,: SOLUTION: a. PV2016= DIV2017/ (1 + r) + DIV2018/ (1 + r)2+ DIV 2019 / (1 + r ) 3 + DIV 2020 / (1 + r ) 4 + DIV 2021 / (1 + r ) 5 + (DIV 2021 / r) / (1 + r ) 5 PV 2016 = $0 / 1.09 + $1 / 1.09 2 + $2 / 1.09 3 + $2.3 / 1.09 4 + $2.6 / 1.09 5 + ($2.6 / .09) / 1.09 5 PV 2016 = $24.48 million b. Price per share 2016 = PV 2016 / number of shares Price per share 2016 = $24.48 / 12 Price per share 2016 = $2.04 c. Based on $1million of net income for 2016: P/E 2016 = $24.48 / $1 = 24.48 The PV of the cash flows at various points in time are as follows: PV 2017 = $1 / 1.09 + $2 / 1.09 2 + $2.3 / 1.09 3 + $2.6 / 1.09 4 + ($2.6 / .09) / 1.09 4 PV 2017 = $26.68 PV 2018 = $2 / 1.09 + $2.3 / 1.09 2 + $2.6 / 1.09 3 + ($2.6 / .09) / 1.09 3 PV 2018 = $28.09 PV 2019 = $2.3 / 1.09 + $2.6 / 1.09 2 + ($2.6 / .09) / 1.09 2 PV 2019 = $28.61 PV 2020 = $2.6 / 1.09 + ($2.6 / .09) / 1.09 2 PV 2020 = $28.89 PV 2021 = $2.6 + ($2.6 / .09) / 1.09 PV 2021 = $28.89

Explanation:

8 0
3 years ago
A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Lapatulllka [165]

The initial outlay for the project after depreciation is loss of $26,700.

<h3>What is  depreciation?</h3>

Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.

Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.

Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.

To know more about  depreciation follow the link:

brainly.com/question/1203926

#SPJ4

8 0
2 years ago
According to the presentation, _____________ systems allow employees to track their performance and receive ongoing feedback. Ta
maksim [4K]

<u>Answer:</u>

<em>The </em><em>executives programming enables associations</em><em> to set up representative execution guidelines and empowers chiefs to assess a worker's activity execution in </em><em>connection to these measures.</em>

<u>Explanation:</u>

Organizations use execution the <em>board programming to encourage important </em>and progressing exchanges among chiefs and direct reports.

The executives programming is most regularly actualized by <em>HR offices to help chief level staff </em>all through different offices assess representatives, direct worker execution surveys, keep up a record of dialog points, and encourage <em>360-degree criticism.</em>

6 0
4 years ago
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