Answer:
she should use the Future value of single amount to determine how much she will have after 4 years.
Explanation:
Tina has single amount of $10000 that will be used in 4 year time to buy a house. So, Tina has to find out the future value of $10000 to find out how much she will be having after the 4 years.
Answer:
$5,430.76
Explanation:
For this question, we use the Future value formula that is shown on the attachment. Kindly find it below:
Data provided in the question
Present value = $0
Rate of interest = 5%
NPER = 4 years
PMT = $1,200
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $5,430.76
Answer:
The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.
Answer:
Exception reports
Explanation:
Exception report is a term that describes a form of document that fully entails a situation whereby the substantial outcomes varied significantly, oftentimes in a negative way, from the expected outcomes. In other words, it is a statement report containing, the wrong outcome of a project.
Hence, in this situation, the correct answer is Exceptional Reports.
Net Income for an organization is the Profit After tax and dividend paid. The formula for Net Income is:
Net Income = Sales - Cost of goods Sold - Operating Expenses - Return and Allowances - Taxes - Cash dividends
From the data given,
Sales = $12 Million
Cost of Goods Sold = $3 Million
Operating Expenses = $3 Million
Interest Expenses = $0.5 Million
Returns and Allowances = $1 Million
Taxes = $0.1 Million
Cash Dividend = $0.4 Million
By putting the variables in the above formula,
Net Income = $12 Million - $3 Million - $1 Million - $3 Million - $0.5 Million - $0.1 Million - $0.4 Million
Net Income = $4 Million
<u>Therefore, the answer is B Net Income is $ 4 Million</u>
