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3 years ago

When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called

Business

1 answer:

mina [271]3 years ago

4 0

Answer:

Compound interest

Explanation:

Compound interest is a method of measuring interest by which interest is applied to the principal amount over time. You not only earn interest on the principal amount but also collect interest on your interest.

This tends to happen because you save your interest, rather than withdraw it

Hence, the compound interest is the correct answer

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What is a modification problem? What are the three possible types of modification problems?

Oxana [17]

Answers and explanations:

1) A modification problem takes places when creating a database two different type of information is entered in the same chart row generating inaccuracy. The only form to solve this issue is creating a new row so each piece of information will be stored in one row particularly.

2) There are three (3) types of modification problems: the deletion problem (the single row containing information from different themes can be deleted losing data), the update problem (new information entered could lead to more inconsistency), and the insertion problem (similar to deletion, a new row can be inserted instead of the row causing problem but information will be missing).

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3 years ago

The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u

jenyasd209 [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail

Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

3 0

3 years ago

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answe

GaryK [48]

Answer:

Option 1 and 2

Explanation:

Complete Question

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?

CHECK ALL THAT APPLY.

High school athletes stop shopping there.
The inventory of sports socks goes unsold.
Publicity for the store declines.
Profits decline because dress shoes cost less than sneakers

Solution

Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes

Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes

7 0

2 years ago

For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $4

Alexeev081 [22]

Solution :

1. The break even sales in units is given by :

Break even sales in units = $\frac{\text{fixed cost}}{\text{contribution per unit}}$

Where, contribution per unit = selling price per unit - variable cost per unit

The anticipated break even sales in units of Cleaves company in the coming year is :

Break even sales in units = $\frac{480,000}{40}$

Contribution per unit = $ 100 - $ 60

= $ 40

So the company anticipates its breakeven sales at 12,000 units.

2. In order tot earn profit the sales generated should overcome the breakeven point. The desired profit is $240,000, the sales required to earn the desired profit can be computed using the formula :

Desired sales in units = $\frac{\text{fixed cost + desired cost}}{\text{contribution per unit}}$

$=\frac{480,000+240,000}{40}$

= 18,000 units

Thus, the sales in units required to earn a profit of $ 240,000 are 18,000 units.

3. The sales in excess of the breakeven point would yield a profit on the contrary the sales below the breakeven point would result in a loss.

In the given sales in dollar = breakeven sales in units x selling price per unit

= 12,000 x 100

= $ 1,200,000

∴ the sales above $1,200,000 would result in a profit whereas the sales below $1,200,000 would result in loss.

The cost volume profit chart below indicates the profit, loss, breakeven at different sales levels :

Sales levels Result

1,200,000 Breakeven

1,000,000 Loss

800,000 Loss

400,000 Loss

200,000 Loss

4. The income on sale of 16,000 units is computed below :

Particulars Amount is $

Sales 1,600,000

Less : variable cost 960,000

Contribution 640,000

Less : Fixed cost 480,000

Profit 160,000

8 0

3 years ago