Given that: F (Future worth) = $2,500, i (nominal interest rate)
= 0.12, compounded monthly = 12 months, years of investment = 1 year, and no.
of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1).
Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n
(total number of compounding) = 1 x 12 = 12, since year of investment is equal
to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get
A=$197.12. Multiply by 20, you will get $3,942.44.
If you attend a networking event, you should focus on the problems you can solve rather than listing the products or services you sell to focus on the problems you can solve rather than listing the products or service that you sell.
Networking is the exchange of information and ideas between people who share common professions or special interests, usually in informal social settings. Networking often starts with common ground.
An example of networking is the exchange and acquisition of information between different departments of the same company in order to share information and solve business problems. An example of a network is connecting an entire computer network to a print server so that each workstation can print documents.
A computer network can also include multiple devices/media that facilitate communication between two different devices. These are called network devices and include routers, switches, hubs, bridges, etc. Network Topology: The layout arrangement of various devices on the network.
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Answer: false
Explanation: The rationing function of price describes the way in which the use of price is done for rationing of several scarce resource. This is done automatically by the market forces of demand and supply as when the demand for a commodity exceeds its supply the price of the commodity rises leading to decrease in demand.
Thus, rationing function states to ration the goods and distribute them carefully and not to distribute the surplus amount.
Answer and Explanation:
The journal entry is shown below:
Overhead $4,700
Cost of goods sold $4,700
(Being overapplied overhead is closed)
Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense
Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.
