yes your right it takes your points but it only gives us 5 to 100 and you but 5 so you only lost five and i got five but if you give brainest i will get 11 more so you should mark brainlest for ex
Answer:
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Explanation:
Giving the following information:
Final value= 1,000,000
n= 25
Interest rate= 10%
We need to calculate the annual deposit necessary to reach the goal of $1,000,000.
To calculate the annual deposit, we need to use the following variation of the future value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,000,000*0.1) / [(1.10^25) - 1]
A= $10,168.07
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Answer:
The correct option will be option B.
Dr Accounts Receivable $100
Cr Service Revenue $100
Explanation:
The reason is that the service was delivered and the money was received at just after the service delivered (the same day). So there is no need to pass the entry which includes cash received against receivables because here the cash received is because we have delivered services no because of any amount receivable.
So the entry that must be passed:
Dr Cash $100
Cr Service Revenue $100
And what we have done is:
Dr Cash $100
Cr Accounts Receivables $100
The correct entry would be removal of the effect of decrease in receivable which must be increased and increase in revenue which has not been recognized.
So the entry is that will correct the books of accounts will be:
Dr Accounts Receivables $100
Cr Service Revenue $100
Answer:
The answer is True.
Explanation:
This is a question of "The luxury Swiss chalet hotel general manager reported to her owner". "Total dollars" and "Dollars per available room" are variable cost measure used in the hospitality industry.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Zortek Corp. budgets production of 380 units in January and 270 units in February. Each finished unit requires four pounds of raw material Z, which costs $3 per pound. Each month’s ending inventory of raw materials should be 50% of the following month’s budgeted production. The January 1 raw materials inventory has 190 pounds of Z.
Prouction January= 380 units*4 pounds= 1520 punds
Production Febreaury= (270*4pounds)/2= 540 pounds
Initial inventory= 190 pounds (-)
Purchase= 1870 pounds
