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Westkost [7]
2 years ago
13

Cheryl wants to have $2,000 in

Business
1 answer:
Marina CMI [18]2 years ago
4 0

Answer:

$1, 727.68

Explanation:

Cheryl wants to have $2000 three years from now in an account that pays 5%

The $2000 is equivalent to the Future value when applying the compound interest formula. The present value is the amount she needs to invest now.

Fv= PV (1+5/100)^3

$2000 = PV(1+0.05)^3

$2000 =Pv 1.157625

Pv = $2000/1.157625

Pv= 1,727.68

Cheryl has to invest $1, 727.68

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The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabil
BARSIC [14]

Answer:

center of gravity.

Explanation:

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's center of gravity.

Generally, the center of gravity of a company is usually the point at which it started business. The center of gravity of a company defines its strengths, success, achievement and dominant operations.

For any successful business, there is always a center of gravity. This is the point or stage where all of the strategic decisions, greatest expertise, risks management and capabilities lie.

<em>Hence, should there be an error, disagreement or disarray at the center of gravity, then the company is headed for losses and bankruptcy. </em>

8 0
3 years ago
On July 8, Jones Inc. issued an $75,700, 8%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends o
Marizza181 [45]

Answer:=Jones recognizes $386.9  as interest

Explanation:

Fiscal year ending July 31st

there are 23 days between when the cash as issued ie July 8 and the end of the fiscal year on July 31st

Given amount or Principal amount = $75,700

Rate= 8%

Interest = Principal x Rate x Time

  $75,700 x 8% x 23/360=$75,700 x 0.08 x 23/360

=$386.9

Jones recognizes $386.9  as interest in the current fiscal year.

3 0
3 years ago
The Great Depression changed attitudes toward the labor movement.
tangare [24]

Answer:

i believe the answer is TRUE

Explanation:

7 0
3 years ago
Read 2 more answers
If licensee Sarah receives 35 percent of a total commission from her broker, then what is Sarah's broker's share if the property
dmitriy555 [2]

Answer:

$897

Explanation:

The cost price is $23,000

The commission is 6%

Total commissions paid = 6/100 x $23,000

=0.06 x $23,000

=$1,380

If Sarah receives 35 %, then the broker gets 65 % the commission.

65% of $ 1, 380

=65/100 x 1380

=.65 x 1380

=$897

8 0
3 years ago
Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its
Ray Of Light [21]

Answer:

The Net cash is 436.000

Explanation:

To get net cash flow using the indirect method we must make adjustments to the net income.  

It depends on the account if it is added or subtracted  to net income

In this case,  

Net income 400.000

Adjustment to reconcile the net income to cash  

- Accounts receivable increase   (40.000)

+ Depreciation expense 80.000

+ Prepaid expenses decrease  12.000

- Gain on sale of machinery (20.000)

+ Accounts payable increase 6.000

- Wages payable decrease (2.000)

 Net cash                       436.000

4 0
3 years ago
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