Formula: Interest =Principal ×rate× time. so, P=200 $, r= 5.5% or 5.5/100 =0.055. t,is the time involved ......5 years (s) time periods....so is 5 .....year time periods..... to find the simple interest ,we multiply 200×0.055×5=$ 55.00. to figure it out the new amount after 5 years it will be liked : $200.00 +$55.00=$255.00
The answer is (A) It competes with private business and (C) It acts as an employer.
In a way, the United States government already has direct role in the economy right now, since it has businesses such as the US Postal Service – which competes with private businesses that provide logistics support for customers, such as FedEx. Since it has businesses, the government automatically also plays the role of an employer.
Product Y: would increase the company's overall net operating income by $2,000 if processed further and then sold.
Option 4 is correct
<u>Solution:</u>
Particulars Amount
Incremental income ( $68,000-$50,000) $18,000
Less: Incremental cost $16,000
______________________________________________
Incremental Income $2,000
Answer:
$28,100
Explanation:
The computation of the bond interest expense is shown below:
= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period
= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years
= $27,000 + $1,100
= $28,100
In semi annual period, the interest rate is half and the time period is doubles and the same is shown
Answer:
When tax season comes, he hires an accountant from one of "the Big Four" accounting firms to help him file his business's tax return. In this scenario, John has most likely hired a <u>Tax</u> Accountant
Explanation:
A Tax Accountant helps the individual or businesses that hire them fill out their tax forms properly, advise them about future financial moves that can affect their taxes and file taxes with the appropriate documentation electronically so that your clients receive their refunds as quickly as possible.
They can work as a direct employee or as an independent contractor who runs their own business.
They take charge of tax preparation and help your clients to lower their tax obligations when filing tax returns.
If an individual is audited, they handle this audit for them to ensure that the individual gets through the process unharmed.
