Answer:
rate of interest = -12.90%
Explanation:
The computation of the annual rate of return is shown below:
As we know that
Future value = Present value * (1 + interest rate)^number of years
$1,130,000 = $1,710,000 × (1 + interest rate)^3
0.660819 = (1 + interest rate)^3
0.8710 = 1 + interest rate
So, the rate of interest is
rate of interest = -0.128981
rate of interest = -12.90%
Answer:
3,500 units were completed.
Explanation:
<em>Number of units completed = Opening Work in progress + Addition to production - Closing work in progress
</em>
= 1,200 + 2,800 - 500
= 3,500 units.
Answer:
It's kind of hard to define a lifestyle because everyone's different, no one has the same routine, what's important is to be yourself, take your time, don't rush because if you rush your likely to mess up then if you aren't rushing.
Explanation:
Answer:
D) Debit to Accounts Receivable
Explanation:
If you want to reinstate a specific receivable previously written off you need to do the opposite accounting entry at when the written off was made.
Previously was made a credit in the accounts receivable to deduct the amount of the bad debt, the opposite would be to make a debit in the Accounts receivable ot reflect the reinstanted value.
Answer:
1. Enhanced customer service.
2. Employee retention.
Explanation:
1. Enhanced customer service - motivated employees always take ownership of their job. In hospitality, it is important to provide best quality customer service. Having motivated employees mean employees are ready to serve customers in the best possible way.
2. Employee retention - since a new hotel has just opened up, they will be looking for hiring people locally, to retain her current employees it is important for Sasha to keep her employees motivated.
