1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rzqust [24]
3 years ago
9

Suppose that you make a series of annual deposits into a bank account that pays 10% interest. The initial deposit at the end of

the first year is $1,200. The deposit amount decline by $200 in each of the next four years. How much would you have immediately after the fifth deposit? Group of answer choices
Business
1 answer:
snow_lady [41]3 years ago
7 0

Answer:

You will have $5,116 in the account.

Explanation:

a) End of 1st-year deposit of $1,200 will become $1,757 ($1,200 * 1.464) in four years' time.

b) End of 2nd-year deposit of $1,000 will become $1,331 ($1,000 * 1.331) in three years' time.

c) End of 3rd-year deposit of $800 will become $968 ($800 * 1.21) in two years' time.

d) End of 4th-year deposit of $600 will become $660 ($600 * 1.1) in a year's time.

e) End of 5th-year deposit of $400 will be $400 in 0 year's time.

f) The total will be $5,117 (a+b+c+d+e).

g) The future value factor is equal to 1.1ⁿ, where the discount factor is 10%.

You might be interested in
The scientific method begins with
Zina [86]

C, The identification of a problem for investigation

7 0
3 years ago
At the beginning of the period, a company reports a balance in office supplies of $450. During the period, the company purchases
Hoochie [10]

Answer:

Explanation:

Before passing the journal entry, first, we have to compute the total supplies consumed. The formula to compute the total supplies consumed is shown below:

= Beginning balance of supplies + Purchase of supplies - ending balance if supplies

= $450+ $3,400 - $900

= $2,950

Now the journal entry would be

Supplies expense A/c Dr   $2,950

      To Supplies A/c                            $2,950

(Being supplies consumed recorded)

4 0
3 years ago
When a firm sees average costs start to increase as production increases, this is known as __________.
lesya692 [45]

When a firm sees average costs start to increase as production increases, this is known as diseconomies of scale.

What Are Diseconomies of Scale?

When a corporation or business expands to the point where the costs per unit rise, this is known as a diseconomy of scale. It happens when a firm's use of economies of scale is no longer viable. According to this theory, when output increases, a firm experiences an increase in costs rather than continuing to see reducing expenses and rising output.

What causes diseconomies scale?

Diseconomies of scale can be the result of several things, including poor management and employee communication, a lack of drive, a lack of coordination, and a loss of concentration.

How do you manage diseconomies of scale?

Businesses may divide themselves into more controllable parts in an effort to alleviate scale-related inequities. A huge multinational, for instance, might be divided up into regional geographic areas, with local managers being rewarded for maximizing efficiency.

Learn more about diseconomies of scale: brainly.com/question/27960803

#SPJ4

3 0
11 months ago
Which of the following is a common finding in looking at the statement of cash flows of a declining company?
mario62 [17]

Answer:

These are the options for the question:

a) A negative cash flow from operating activities

b) A negative cash flow from investing activities

c) A significant positive cash flow from financing activities

And this is the correct answer:

a) A negative cash flow from operating activities

Explanation:

Declining companies are characterized by a lack of revenue from regular operating activities.

If cash flow from operating activities is negative, it means that the company is not making enough money to meet its obligations, and that will likely cease to exist in the near future unless big changes happen.

5 0
3 years ago
On September 1, 20X1, Revsine Co. approved a plan to dispose of a segment of its business. Revsine expected that the sale would
Lady_Fox [76]

Answer:

losses from discontinued operations 395,000

Explanation:

From 1/1/20X1 to 8/31/20X1 <u>realized </u>loss 300,000

From 9/1/20X1 to 12/31/20X1  <u>realized </u>loss 200,00

<em><u>EXPECTED </u></em>Profit from 1/1/20X2 to 3/31/20X2 400,000

As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.

The company has losses for 500,000 with a tax-rate of 21%

This generates a tax-shield of 105,000

net of taxes: 500,000 - 105,000 = 395,000

7 0
3 years ago
Other questions:
  • A company wishes to earn a pretax income equal to 35% of total fixed costs. its product sells for $50.75 per unit. total fixed c
    10·1 answer
  • Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into
    11·1 answer
  • When a government transfers the rights and obligations of an asset to another legally separate governmental or private sector en
    5·1 answer
  • The ________ section details the tactics the firm will use to develop, market, and sell the offering.a. executive summarySelect
    7·1 answer
  • When explaining credit to a friend, which of the philosophy can you use?
    11·1 answer
  • Apply Six-Sigma quality standards and devise a plan for the hotel to monitor and control future process performance.
    14·1 answer
  • A company is considering investing in a project that costs $300,000. The company uses straight-line depreciation and estimates t
    9·2 answers
  • Imagine you have $30 to spend. You are thinking of buying new soccer shoes because yours
    10·1 answer
  • The people in an economy have $10 million in money. There is only one bank that all the people deposit their money in and it hol
    6·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!