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3 years ago

The amount of interest is determined by multiplying the amount in savings by the:

1 answer:

3 0

The answer is b. Annual interest rate and the time period.
Here's the explanation to my answer:
=> The amount of interest is being determined by multiplying the amount in savings and the interest will be able to solve depends on the period of time it is saved within the year.

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Research indicates that male entrepreneurs tend to start their first significant venture in their middle 30s, while women entrep

Dmitry [639]

Answer:

False

Explanation:

According to Pamela Webbers research in the U. S

40% of men started their first entrepreneurial venture before the end of their 35th year, while only 33% of women fell into this category.

4 0

3 years ago

At the beginning of the current year, trenton company inc.'s total assets were $248,000 and its total liabilities were $175,000.

anygoal [31]

The debt ratio is calculated by dividing the Total Liabilities by Total Assets. We are asked to calculate the debt ratio at the end of the year, hence we need to take year-end values for Total Liabilities and Total Assets.

We are given the Total Liabilities at the beginning of the year $175,000 and there is no change in the liabilities given, hence we can say that Total liabilities at the end of the year shall remain same = $175,000

We are given Total Assets at the end of the year are $260,000

Debt ratio = Total Liabilities / Total Assets = 175000/260000 = 0.673

Hence debt ratio at the end of the current year shall be <u>0.673</u>

8 0

3 years ago

After being frustrated by the lack of detailed, reliable, and up-to-date information available to help him decide where to go on

almond37 [142]

Answer:

TripAdvisor

Explanation:

TripAdvisor is a global travel company founded by Stephen Kaufer in February 2000.

Features available include price comparison, online reservations for transportation, reservation for lodging, travel experiences, and restaurant information.

The original idea was for a social media website that encouraged swapping of ideas relating to travelling. There was a button - Add your own review, and this promoted the growth and use of TripAdvisor because honest opinions are shared.

People tend to express their views on highs and lows of their experiences during holiday travels. This helps travelers make informed decisions when they want to travel, and also travel and hospitality services providers get to know areas they can improve.

7 0

3 years ago

On the last day of December 2016, Camreyâs Trucks entered into a transaction that resulted in a receipt of $216,000 cash in adva

Andrei [34K]

Answer:

A. $ 1,293,470

B. $216,000

C. $128,000

Explanation:

A. Calculation for how much service revenue will be reflected on the december 31, 2016 income statement

Service Revenue show on the Trial Blance = $1,165,470

Add: Services which were neither billed nor paid = $ 128,000

Service Revenue reflected in the Dec.,31 2016 income statement =$ 1,293,470

Therefore how much service revenue will be reflected on the december 31, 2016 income statement will be $ 1,293,470

B. Calculation for how much will be reported on the December 31, 2016 Balance sheet as unearned revenue

Based on the information given we were told

that the company entered into a transaction which had resulted in the company receiving the amount of $216,000 as a cash in advance On the last day of the month of December 2016 which is related to services that will be provided during the month of January 2017 which means that the amount of $216,000 will be the amount of cash to be reported on December 31, 2016 Balance sheet as unearned revenue.

C. Calculation for how much that will be reported on the December 31, 2017 Balance sheet as accounts receivable

Based on the information given we were told that the During the month of December of 2016, the company as well rendered a service of the amount of $128,000 in which the service rendered were neither billed nor paid which means that the amount of cash the company will report on December 31, 2017 Balance sheet as accounts receivable will be $128,000.

6 0

3 years ago

What is the term for a loan with a co-signer?

Nady [450]

I think it’s a consignment loan.

4 0

3 years ago