Answer:
After 44year at interest rate of 6%
You will have $12,985.5 in your account
Explanation
Step one
Applying the compound interest formula we have A = P (1 + r/n)^nt
A = Final amount
r= nominal annual interest rate in percentage terms,
and n = number of compounding period
Where P = Principal
t= time in years
Given p=$1,000
n=44
r=6%
Step two
Inserting our given information
A=$1000 [(1 + 0.06/1)^44*1]
A=$1000 [(1.06)^44*1]
A=$1000*12.9854819127
A=$12,985.5
To calculate:
1) Net income (loss) for 2010.
2) Operating cash flow
Solution: 1)
Sales = $850000
Less: Cost of goods sold = $610000
Gross profit = $240000
Less: Administrative and selling expenses = $110000
Earning before Interest, Tax and Depreciation = $130000
Less: Depreciation = $140000
Earning before Interest and Tax (EBIT) = ($10000)
Less: Interest expense = $85000
Earning before tax (EBT) = ($95000)
Less: Tax = $0 (as company is having negative EBT or loss hence no tax)
Net loss = $95000
2) Operating cash flow
EBIT + Depreciation - Tax
Wherein, EBIT = Earning before Interest and Tax
($10000) + 140000 - 0 = $130000
Answer:
Verbal communication in the workplace.
Explanation:
Being voice a part of the skills and knowledge for effective communication, an in-depth interviews of top management and communicators is essential to design an effective employee communication program to gather, convey and receive information and people skills
, respecting cultural differences and related legislation.
This knowledge and skills will structure the ability to communicate effectively with employees during the day in the workplace.
Answer:
The total value will not change.
Explanation:
Stock split occurs when a stock is divided into parts. The value of each stock will decline but there will be more stocks and overall value will remains same. If stock A goes through a stock split then the new price per stock will decline but the overall value to the investor will remain same.
Answer:
THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY
