All categories

3 years ago

Describe how money in a savings account can grow.

1 answer:

8 0

Interest is added into the account depending on the amount of money in the account and how long the account has been used

You might be interested in

Select the primary places where county programs get their money.

RSB [31]

Answer:

state government

Explanation:

Counties, towns, and cities collect their money mostly from taxes and fees charged to enterprises. The State government is in charge of collect taxes such as income, sales, and property taxes.

7 0

3 years ago

Your company has spent $290,000 on research to develop a new computer game. The firm is planning to spend $49,000 on a machine t

Maslowich

Answer:

$132,745.82

Explanation:

required investment = $290,000 + $49,000 + $5,900 + $59,000 = $403,900

depreciable amount = $49,000 + $5,900 = $54,900

Research and development costs are expensed, they cannot be capitalized. Increase in net working capital cannot be capitalized either.

MACRS depreciation expense for year 1 under 8 year class life = 14.29%

depreciation expense year 1 = $54,900 x 14.29% = $7,845.21

net cash flow year 1 = [($390,000 - $190,000 - $7,845.21) x (1 - 35%)] + $7,845.21 = ($192,154.79 x 0.65) + $7,845.21 = $124,900.61 + $7,845.21 = $132,745.82

5 0

3 years ago

HELP ASAP!!!

posledela

1.) A because an origination fee is any fee that adds up to the profit a lender can make on a loan.

2.) True, because there is a reason why the audience would need to listen to the power point (pitch deck) so therefore, you would need it to be on a certain subject for the intended audience.

3.) True

4.) False, because loan interests and credit card interests varies.

5.) False, they vary.

6.) True.

7.) False.

8.) True.

9.) A, Increase.

10.) A, Single Payment Loan

11.) C, Start up costs

12.) A, debt investors

13.) A, Fundraising capital

14.) B, Increase.

I hope this helps, I'm sorry if any answers are wrong.

5 0

4 years ago

Read 2 more answers

The ______________ of estimating bad debts expense involves a detailed listing of each customer's outstanding account and its le

Vedmedyk [2.9K]

Answer:

Aging of accounts receivable method.

Explanation:

Accounts receivable are the payments owed to a business by its customers. Bad debt occurs when there is uncertainty that an account receivable will be recovered.

The accounts receivable aging method is used to classify debts based on on the length of time past due.

Classifications such as are based on length of time past due and when to time past due is too long it will be considered to be a loss.

Lengths of time used include: 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and greater than 120 days past due.

6 0

3 years ago

Daniel is the vice president of marketing and sales of an insurance company that sells workers' compensation insurance within th

Paraphin [41]

Answer:

D. Task force.

Explanation:

Task force are basically created for a specific reason. They come from various department making it a cross-functional team, and they do not report the same manager.

4 0

3 years ago