Answer: interest earned = $8942372340
$8942672340 this is amount after 25 years.
Explanation:
formula used: S= R*[ (1+<em>i </em>)ⁿ-1 / <em>i </em>]
where:
S is future value
R is periodic payment
<em>i </em> is interest rate period
n is number of periods
R= $3000
n= 65-40=25 now 25*4=100 QUARTERLY that is why we used 4
<em>i </em>= 55% which is equal to 0.55
so, for quarterly <em>i= </em>0.55/4= 0.138
now putting them in formula given above
S= 3000*[ (1+0.138)¹⁰⁰-1] / 0.138
S= $8942672340 (future value )
total money deposited = number of period * periodic amount
= $3000*100 = $300,000
interest earned = future value - total money deposited
= 8942672340 - 300,000
interest earned = $8942372340
Answer:
a. Raw material discounts
b. Reduction of unit cost
c. Specialists
d. Better production methods
Explanation:
a. Corporations have various advantages over small businesses. Because they buy raw materials in bulk they are able to negotiate volume discount. This gives them more advantage over the small business who cannot buy in bulk.
b. A fall out from the above is reduction of unit cost or average cost, when discount is received it reduces the total cost of material and by implication the unit cost.
c. Because of their size and financial strength, corporation is able to attract qualified employees as opposed to small businesses that are limited by their financial position.
d. Corporations because of their financial strength are able to finance research with view to discovering a better production methods. This may be impossible to small businesses.
Answer:
a. Current Assets and Property, Plant, and Equipment
Explanation:
These classify the assets and liabilities in the classified balance sheet into various types Including assets that are divided into Property, Plant, and Equipment, current assets.
Liabilities are similarly divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet that means
Total assets = Total liabilities + shareholder equity
Answer:
A. Act Again
Explanation:
In business, tracking a progress is made to ensure that you make a constant improvement within your operation.
During the observation process, you'll notify the things that can either become a hindrance or improvement to your operation. During the adjustment process, you'll eliminate the hindrance and add the things that can become the improvement into the plan.
After both of these were done, you need to act to execute the plan and check the progress again. This will form a cycle that you need to do throughout the operation.
