Answer: $23571
Explanation:
For this question, we have to calculate the present value of $27,000 with the given rate and the time that have already been given in the question to know the worth tiday. This will then be:
= $27,000 x PVIF (7%, 2)
= $27,000 x 0.873
= $23,571
A 710 credit score is considered good. People with this credit score are likely to be approved for credit cards and loans with average interest rates and terms.
Answer:
Violate Establishment of responsibility
Explanation:
Establishment of responsibility is an characteristic of control such as internal related methods,measures adopted within an organization to safeguard assets and enhance the reliability of accountability, increase efficiency of operations,etc and which is used for assigning of responsibility to an individuals i.e when only ONE person is responsible for a given task.
Bellswood Jewelers makes used of the principle of establishment of responsibility in it operations.
The salesperson who sees another salesperson’s ID card lying unattended in the break room, and then make uses of the card to enter the vault and steal jewelry worth $36,840 had violated the establishment of responsibility of Bellswood
Phyllis' RATE (percentage) of return is 7 percent
<u>Explanation:</u>
Data provided in the question:
Purchase price for each share = $50
Dividend received = $1 per share
worth of shares at the end of year = $52.50
Thus, total return on the share = dividend received plus worth of sahres at the end of year minus purchase price
= $1 plus $52.50 minus $50 = $3.5
Therfore, rate of return = [ total return on the shares by purchase price ] into 100%
= [$3.5 by $50] inot 100 percent
= 7 percent
hence, the option with 7 percent will be the correct answer.
