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3 years ago

Investing in a global stock fund is a good idea to

Business

1 answer:

Serga [27]3 years ago

3 0

Answer:

I inves in stocks myself. you need to buy the stocks when they are cheap, but only if they are going up in price. if the reach a plateau, or if they start loosing value, sell them and you could make a huge profit.

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On July 1, Shady Creek Resort borrowed $350,000 cash by signing a 10-year, 8.5% installment note requiring equal payments each J

egoroff_w [7]

Answer:

$29,750

Explanation:

Given that

Borrowed amount = $350,000

Interest rate = 8.5%

The computation of interest expense is shown below:-

Interest expense in the first annual payment = Borrowed amount × Interest rate

= $350,000 × 8.5%

= $29,750

Therefore, for computing the interest expense in the first annual payment we simply multiply borrowed amount with interest rate.

7 0

3 years ago

Drag the tiles to the correct boxes to complete the pairs.

aleksandr82 [10.1K]

Tha is thanks for the free 8 points

7 0

3 years ago

The following information is available for Barkley Company: 2017 2016 Accounts receivable $ 360,000 $400,000 Inventory 280,000 3

lubasha [3.4K]

Answer:

4.0 times

Explanation:

Given that,

2016:

Accounts receivables = $400,000

Inventory = 320,000

Net credit sales = 1,400,000

Cost of goods sold = 1,060,000

Net income = 170,000

2017:

Accounts receivables = $360,000

Inventory = 280,000

Net credit sales = 3,000,000

Cost of goods sold = 1,200,000

Net income = 300,000

Inventory turnover ratio refers to the ratio between the cost of goods sold and average inventory.

Average inventory:

= (Beginning inventory + Ending inventory) / 2

= ($320,000 + $280,000) / 2

= $300,000

Therefore, the inventory turnover ratio for 2017 is as follows:

= Cost of goods sold / Average inventory

= 1,200,000 / 300,000

= 4.0 times

6 0

3 years ago

On January 1, 2016, Elite Advertising was contracted to run a marketing campaign for Pharm King's new dieting pills. In addition

stepladder [879]

Answer:

A. $50,000

Explanation:

150,000 for a 3 year compaing = 50,000 per year

<u>The contract has just started </u>and the information available doesn't meet the criteria.

We must remember that <u>accounting has a principle of conservatism</u> regarding revenues. Accrue revenue without proper grounds is not correct. We should recognize the 1/3 of the base fee which is earned and matched the accounting cycle.

8 0

3 years ago

Suzie has $16,000 in her investment account today. She saves $500 a quarter and earns 8% interest compounded quarterly. How much

andrezito [222]

Suzie has $26,997.90 in her account three years from now in her investment.

An investment is an asset or object obtained with the intention of generating profits or appreciation. Appreciation refers to an increase within the fee of an asset over time. when an individual purchases an excellent as an funding, the rationale isn't always to eat the good however alternatively to use it inside the future to create wealth.

investment = $16000

FV = future value

PV = present value = 16,000

r = interest rate = 8% / 4 = 2% per quarter

n = number of quarters = 3 * 4 = 12

The future value of the single investment is:

FV=PV∗(1+r)n

FV=16,000∗(1+0.02)12

FV=$20,291.86

Annuity of $500 per quarter

Let

FVA be the future value of the annuity

PMT be the periodic payment

The future value of the annuity is:

FVA = PMT × (1+r)ⁿ - 1 / r

= 500 × (1+ 0.02)¹² - 1 /0.02

= $6,706.04

After 3 years, her account balance will be the sum of these two future values:

Balance = FV + FVA = 20,291.86 + 6,706.04 = 26,997.90

Suzie will have $26,997.90 in her account.

Learn more about investment here:-brainly.com/question/25300925

#SPJ4

5 0

1 year ago