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gogolik [260]
2 years ago
14

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]2 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

You might be interested in
The fundamental purpose of an organization's mission statement is to:
Maslowich

Answer:

The correct answer is letter "B": define the organization's purpose in society.

Explanation:

A company's mission reflects what is the purpose of the firms in regards to the impact with its surrounding society. It describes what product is going to be offered, what are the association's potential consumers, and in what sector of the society the firm will focus.

6 0
3 years ago
Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p
balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

<u>Assets </u><u>                                 320</u>

<u>Debt   </u><u>                                    0</u>

<u>Equity  </u><u>                                 320</u>

then,

The total will be "320".

(b)

The per share price will be:

= \frac{Equity}{Number \ of \ common \ stock}

= \frac{320}{50}

= 6.40

or,

After tax, the net income will be:

= EBIT(1-t)

= 80(1-0.35)

= 80\times 0.65

= 52

(c)

The return on equity will be:

= \frac{Net \ income \ after \ taxes}{Value \ of \ equity}

= \frac{52}{320}

= 0.1625

or,

= 16.25 (%)

5 0
3 years ago
The managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when
Evgesh-ka [11]

Answer:

Learning.

Explanation:

In this scenario, the managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when an out-of-the box idea leads to organizational improvements.

Hence, Julio's company is an example of a learning organization.

A learning organization is one which is typically characterized by creating an enabling environment for growth, training, and development of its employees. This opportunity and incentives help employees to engage in critical and creative thinking, research, and development. Consequently, employees would become more confident, brilliant, intelligent, knowledgeable and professionals in their assigned positions or roles, thus helping the organization to achieve its aim, goals and objectives.

<em>In a nutshell, this ultimately implies that it's very important and necessary that organizations sponsor brainstorming sessions and reward employees awesomely, when an out-of-the box idea leads to organizational improvements.</em>

3 0
3 years ago
The Equal Employment Opportunity Act requires employers to classify their employees by gender and national origin. Which level o
inysia [295]
B. Ordinal is the Equal Employment Opportunity Act which requires employers to classify their employees by gender and national origin
5 0
3 years ago
Exercise F The luggage department of Sampson Company has revenues of $1,000,000; variable expenses of $250,000; direct fixed cos
Yanka [14]

Answer:

Decrease by $250,000

Explanation:

Calculation for what would be the effect on net income.

We would be using Differential Analysis method to find the effect on the net income

Differential Analysis

Continue with Luggage Department; Eliminate Luggage Department; Effect on Income

Sales

1,000,000 0 -1,000,000

Variable cost

-250,000 0 250,000

Direct fixed costs

-500,000 0 500,000

Indirect fixed costs

-300,000 -300,000 0

Net Income

-$50,000 -$300,000 -$250,000

Therefore in a situation where the luggage department is eliminated, the income would decrease by $250,000

3 0
3 years ago
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