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Brut [27]
3 years ago
5

Many locations require that renters be paid interest on their security deposits. If you have a security deposit of $3,600, how m

uch would you expect to receive in interest per year at 3 percent?
Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0

Answer:

So you should expect to receive $108 in interest per year

Explanation:

If you put money on security deposit, it is still your money and you should receive interest for it like when you put money on a bank deposit.

For a $3,600 deposit with 3 percent per year interest, the interest you should be paid would be:

3,600 * 0.03 = $108

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Pharoah Company reported net income of $1.30 million in 2022. Depreciation for the year was $208,000, accounts receivable decrea
Jet001 [13]

Answer:

Net cash flow from operating activities

$1,599,000

Explanation:

Pharoah Company

Cash flow from operating activities :

Net income $1,300,000

Net Cash flow from operating activities:

Add depreciation $208,000

Add accounts receivable decreased $455,000

Less accounts payable decreased ($364,000)

Net cash flow from operating activities $1,599,000

7 0
3 years ago
Lauren is the owner of a bakery that earns 0 (zero) economic profit. Last year, her total revenue was $145,000, her rent was $12
kow [346]

Answer: The correct answer is " a. $92,000.".

Explanation: The explicit costs are observable, that is, those that we can easily take into account and decrease our operating result (salaries paid to employees, material costs, taxes, etc.)

So her total explicit cost were: $12 000 + $65 000 + $15 000 = $92 000.

6 0
3 years ago
Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company
KIM [24]

A minimum wage can purpose advantage and disadvantage  price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.

Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.

Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.

A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.

Learn more about wage here:-brainly.com/question/26699459

#SPJ4

8 0
1 year ago
Why​ isn't elasticity just measured by the slope of the demand​ curve?
marissa [1.9K]
I think its B if not B than C most likely
6 0
3 years ago
Fox Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,150 2 1,030 3 1,520 4 1,880 a.
bonufazy [111]

Answer:

The answer is $4,221.77

Explanation:

Present value = Cash flow/(1+r)^n

where n is the number of years

Cash flow 1:

$1,150/1.11^1

=$1,036

Cash flow 2:

$1,030/1.11^2

=$835.97

Cash flow 3:

$1,520/1.11^3

=$1,111.41

Cash flow 4::

$1,880/1.11^4

=$1,238.39

Present Value of all the cash flows is

$1,036 + $835.97 + $1,111.41 + $1,238.39

=$4,221.77

6 0
3 years ago
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