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ch4aika [34]
3 years ago
13

If i have a savings account earning 4.5% interest how long will it take for my money to double

Business
1 answer:
7nadin3 [17]3 years ago
3 0
If i have a savings account earning 4.6% interest how long will it take for my money to double up
You might be interested in
2. Through stores that employ a team-based management approach and that offer an appealing shopping environment / experience, Wh
bixtya [17]

Answer:

differentiation strategy

Explanation:

Based on the information above, it is possible to affirm that Whole Foods is a company that uses a strategy of differentiation in its products and services, as its management approach is based on a team that offers an attractive shopping environment / experience, in addition to charging higher prices for offering high quality natural and organic foods, as well as superior customer service than its competitors.

The differentiation strategy consists of actions used by companies to make their products and services attractive to their potential audience, offering added benefits and advantages that the consumer can perceive and value, making the company more competitive and well positioned in relation to its competitors .

6 0
2 years ago
A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
valkas [14]

Answer:

The required adjusting entry would be to debit the Interest expense account and credit the Interest payable account

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. At the end of a period, if required adjusting entry, the adjusting entry:

Debit Interest expense  and Credit  Interest Payable

3 0
3 years ago
"In evaluating a recently implemented positioning strategy, a company s marketing department notes that since the strategy was p
andreyandreev [35.5K]

Answer: Do nothing and continue to monitoring implementation

Explanation:

 According to the given question, in an organization the marketing department notes that the implementation of the positioning strategy in the company increases the average amount of spending as per the transaction that is reduce.

 The main objective of monitoring implementation is that it effectively monitor the ongoing process and also analyzing the given data on the basis of the given situation.  

 In this type of situation the company continues start monitoring implementation as it helps in evaluating the given data or information systematically and measuring the efficiency of the management.

 Therefore, The given answer is correct.  

8 0
3 years ago
Lauhl Corporation provides janitorial services to several office buildings. During April, Lauhl engaged in the following transac
NISA [10]

Answer:

Cash-basis accounting $15,600

Accrual-basis Accounting $7,750

Explanation:

A. Calculation to determine the amount of net income that Lauhl should recognize in April under cash-basis accounting

Cash-basis accounting

=$24,000 -$5000-$3,400

Cash-basis accounting =$15,600

Therefore the amount of net income that Lauhl should recognize in April under cash-basis accounting is $15,600

B. Calculation to determine the amount of net income that Lauhl should recognize in April under the accrual-basis Accounting

Accrual-basis Accounting=($24,000/6) -$1300 + $2500 - $3,400 - $850

Accrual-basis Accounting=$4,000-$1,300+$2,500+$3,400-$850

Accrual-basis Accounting=$7,750

Therefore the amount of net income that Lauhl should recognize in April under the accrual-basis Accounting is $7,750

6 0
2 years ago
What do you mean by office personal<br>​
weqwewe [10]

Answer:

An office personal is a private office space. So having a private office you have more privacy, and this can result in higher productivity if your work requires full concentration.

5 0
3 years ago
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