Answer:
C. Compounding
Explanation:
Compound interest is a system of calculating interest based on the initial principal invested plus the interest accumulated each year or period. It is the addition of interest to principal of a deposit.
In a nutshell, it entails reinvesting interest, so that the interest that will be earned in the next period will be based on the initial principal plus the interest that has been earned overtime.
Hence the process of earning interest on prior interest earning is called compounding
Answer:
A. irrelevant to the decision.
Explanation:
There are primarily two types of costs, i.e. variable costs and the fixed costs. The variable cost is the cost that changes when the level of production changes, whereas the fixed cost is the cost that remains unchanged whether the level of production changes or not. Thus, the variable cost contains indirect material, indirect labor, and factory supplies.
And, the fixed cost contains rent expense, supervision, taxes ,and depreciation expense.
Therefore, it is not relevant at the time of decisions
When considering the contingency model of leadership, Basheera exhibits high situational control.
<h3>Who is a leader?</h3>
It should be noted that a leader simply means an individual who guides other people in order to achieve a common goal.
In this case, when considering the contingency model of leadership, Basheera exhibits high situational control.
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Answer:
$ 19,740
Explanation:
Retained earnings are calculated by subtracting dividends distributed from the net income. Retained earnings are the business profits kept by a business as opposed to being distributed to shareholders.
A company's net income = retained earnings plus dividends paid.
For Parker dividends declared were: $ 4,860
Retained earnings will be:
Closing retained earnings= opening retained earning + income - dividends
$401,460 =$386,400+income -$4 680
$401,460 =386,400-4680 +income
$401,460=381,720 +income
income= $401,460 -$381,720
=$19,740