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strojnjashka [21]

3 years ago

11

William wants to have a total of $8000 in two years so that he can put a hot tub on his deck. He finds an account that pays 5% i

nterest compounded monthly. How much should William put into this account so that he’ll have $8000 at the end of two years?

1 answer:

aev [14]3 years ago

6 0

He needs to put 7600

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Johan was a newly hired attorney for Crontel Manufacturing, Inc. Even though he reported directly to the president of the compan

pickupchik [31]

According to the information, Johan was beginning to recognize the informal organizational culture at Crontel Manufacturing.

<h3 /><h3>What is informal organizational culture?</h3>

It corresponds to the way in which organizational methods, regulations and practices are established in organizational routines, that is, in an informal culture, the roles and responsibilities of each position may be opposed to their formal distribution.

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2 years ago

Identify and explain the three basic steps strategy formulation

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The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.

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2 years ago

Harmon recently quit his job that he had worked at for the past 10 years in

Leviafan [203]

Answer:

d. Harmon only needs to show the bank his record of income from

his old job, not his new business.

5 0

3 years ago

Lisa Company uses the periodic inventory system and had 100 units in beginning inventory at a total cost of $10,000. The company

skelet666 [1.2K]

Answer:

FIFO $10,400

LIFO $8,000

AVERAGE COST $9,600

Explanation:

Lisa Company

(1) FIFO

Purchases during the period:

100 units at $100 = $10,000

200 units at $130 = $26,000

Units sold during the period = 220

Cost of units sold

=100*$100+120*130=$25,600

Value of ending inventory

=10,000+26,000-25,600

=$10,400

(2) LIFO

Purchases during the period:

100 units at $100 = $10,000

200 units at $130 = $26,000

Units sold during the period = 220

Cost of units sold

=20*$100+200*130=$28,000

Value of ending inventory

=10,000+26,000-28,000

=$8,000

(3) average-cost

Purchases during the period:

100 units at $100 = $10,000

200 units at $130 = $26,000

average cost per unit

=(10,000+26,000)/300

=$120 per unit

Units sold during the period = 220

Cost of units sold

=220 * $120

=$26,400

Value of ending inventory

=36,000-26,400

=$9,600

8 0

3 years ago

Flounder Corporation reported net income of $331,840 in 2020 and had 186,000 shares of common stock outstanding throughout the y

m_a_m_a [10]

Answer:

Diluted earnings per share is $1.7 per share

Explanation:

The number of diluted shares from the options is calculated thus

Total number of shares from options 34,500

Actual number of shares that can be purchased

(options shares*option price/share market price)

(34,500*$11/$15) (25,300)

Diluted shares 9,200

Diluted earnings per share=net income/(outstanding common stock + diluted common stock)

net income is $331,840

outstanding common stock is 186,000

diluted common stock is 9200

diluted earnings per share=$331,840/(186,000+9200)

=$1.7 per share

3 0

3 years ago