Answer:
contest sponsors have to deposit $6795163.17 in the escrow account
Explanation:
given data
amount = $10 million
time = 20 year
rate = 4 %
to find out
how much do the contest sponsors have to deposit in the escrow account
solution
we know Cash flow per period = 10000000/20 = $500000
we will apply here future value formula to find amount
future value = cash flow × 
here r is rate and t is time
put here value
future value = 500000 × 
future value = 6795163.1724
so contest sponsors have to deposit $6795163.17 in the escrow account
There are many concerns that gap employees because of its social stance.
Gap employees may not be convinced there efforts are the one that took the organisation and making the environment a better working place. Workers have filed a problem in case of female abuse and behaviour.
The monitoring system does not guarantee a full proof security system. They have lodged more complaints about harrassment. It also shows in affectiveness in terms of operations.
The effects are made in supply chain relations only just to improve the production process but all the organisation that want its employees to work in safer environment.
To learn more about employee here,
brainly.com/question/18633637
#SPJ4
Answer:
Debit Cash $6,426; credit Interest Revenue $21; credit Interest Receivable $105, redit Notes Receivable $6,300.
Explanation:
Based on the information given the appropriate journal entry that Uniform Supply should make on January 15 of the next year will be:
Debit Cash $6,426
($6300+$105+$21)
Credit Interest Revenue $21
($6300*8%*15/360)
Credit Interest Receivable $105
(6300*8%*75/360)
Credit Notes Receivable $6,300
Answer:
$214,500
Explanation:
For the computation of the amount of contribution margin first we need to follow some steps which are shown below:
No of units sold = Total sales ÷ selling price per unit
= $374,400 ÷ $24
= $156,00
Variable cost = No of units sold × Variable cost per unit
Variable cost = $15,600 × $13
=$202,800
Contribution margin = Sales - Variable cost
= $374,400 - $202,800
= $171,600
CM ratio = Contribution margin ÷ Sales
= $171,600 ÷ $374,400
= 0.46
Contribution margin = CM ratio × Sales Contribution margin
= 0.46 × (1.25 × $374,400)
= $214,500
