Answer:
After 44year at interest rate of 6%
You will have $12,985.5 in your account
Explanation
Step one
Applying the compound interest formula we have A = P (1 + r/n)^nt
A = Final amount
r= nominal annual interest rate in percentage terms,
and n = number of compounding period
Where P = Principal
t= time in years
Given p=$1,000
n=44
r=6%
Step two
Inserting our given information
A=$1000 [(1 + 0.06/1)^44*1]
A=$1000 [(1.06)^44*1]
A=$1000*12.9854819127
A=$12,985.5
Answer:
Soundgarden Company
Journal Entries:
July 10, 2020:
Debit Cash Account (or Accounts Receivable) $800,000
Credit Sales Revenue $800,000
To record the sale of 200 copiers at $4,000 apiece.
July 10, 2020:
Debit Warranty Expense $66,000
Credit Warranty Liability $66,000
To record the estimated warranty maintenance on copiers sold.
December 31:
Debit Warranty Liability $17,000
Credit Inventory $17,000
To record actual warranty costs incurred.
Explanation:
Soundgarden should record these transactions according to the matching principle, whereby warranty expense is recognized in the period that matches the sale so that all expenses related to sales are recognized when the sales are recognized. This is achieved by creating a warranty liability account after the sales and recording a warranty expense as the debit entry. When actual warranty costs are incurred, the Soundgarden Company will debit the warranty liability and credit the inventory actual for the actual costs.
Answer:
Production= 1,240 units
Explanation:
Giving the following information:
Sales:
February= 1,250
March= 1,200
Desired ending finished goods inventory is equal to 20 percent of the next month's sales.
To determine the production required for February, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 1,250 + (1,200*0.2) - (1,250*0.2)
Production= 1,240 units
Answer:
Explanation:
Given: The company's market share had changed from 40 to 21 percentage points.
To find: percent change in market share
Solution:
Change in percentage of company's market share 
Percent change in market share = (Change in percentage of company's market share ÷ 40) × 100
Answer:
Intervene and implement anti-fraternization policies if that's possible and legal. Motivate your team and improve communication as soon as
Explanation:
Before things get out of hand actions must be taken and it should be made clear favoritism is not allowed in the organization.
It would also be helpful if the team leader and team members were put into different teams as then the other members will not feel any sort of unbiased behavior towards themselves.
Please take into consideration the feelings of the involved parties as well. It's hard for people to do their best when they are unhappy or unmotivated.
Make sure to motivate your team as much as you can. A well-motivated team is a key to success. Listen to What People Are Not Saying, give Positive Feedback. Disagree without being disagreeable.
It would be be awkward for the team to freely communicate as before so please try to be an icebreaker. Let them know they are here for a common goal and they need each other to excel at it.
