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3 years ago

Have you ever done the right thing even when others wanted you to do something else? if so, please describe the situation

1 answer:

4 0

Yes. Now it is always tricky to do something right when everyone else is thinking at the opposite side. There will be times when you are asked to conform to everyone's decision however you know deep in your heart it is not the right thing to do. So do whatever your heart tells you.

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Andy Company had a cash balance on May 1 of $ 30,000. At the end of May, the cash balance has increased to $ 33,000. During the

PIT_PIT [208]

Answer:

The correct answer is A

Explanation:

The Cash payments for the month of may is computed as:

Cash payment = Cash balance on May 1 + Cash received during the month - Cash balance increased

where

Cash balance on May 1 is $30,000

Cash received during the month is $47,000

Cash balance increased is $33,000

Putting the values above:

Cash payments = $30,000 + $47,000 - $33,000

= $77,000 - $33,000

= $44,000

4 0

2 years ago

Compute the continuously compounded interest rate for 228 days where the ACT/365 interest rate is 2.92%. Give your answer to fou

Nikitich [7]

Answer:

The answer is 1.8407.

Explanation:

To calculate interest rate for 228 days we will first calculate daily rate and than put value in compounding rate formula.

Daily interest rate = 2.92%/365 = 0.008 %

Interest rate 228 = (1+I%)^n -1

Interest rate 228 = (1+0.008%)^228-1 = 1.8407%

3 0

2 years ago

Which of the following statements about aims and objectives is untrue? Select one: a. An aim describes what the learners will be

netineya [11]

Answer: Option (b) and (d) are untrue.

Explanation:

From the given option, the following statement about aims and objectives are untrue: An objective describes what the learners will be able to do with the language by the end of the lesson, You could have one overall aim and some secondary aims.

Aim is in regards with what you hope to do, your comprehensive purpose in project. It will gesticulate what/where you aspire to be at the end of the project. An aim is usually wide. It is earnest, but not beyond the bounds of possibility.

Whereas;

There are more than one objective, these can be referred to as the specific steps taken to achieve our aim.

7 0

2 years ago

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold f

Lelechka [254]

Answer:

To break even the company must sell

Explanation:

The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.

Break-even position can be found from the following position:

Breakeven position = Fixed cost / contribution per unit

The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:

Breakeven position = $9900 / $0.55 per unit = 18000 Units

So 18000 units are required to sell to reach at a no profit no loss position.

3 0

2 years ago

"At the market opening, a customer purchases 200 shares of an S&P 500 Inverse ETF (-1x) at $50 per share. At the end of that

zhenek [66]

Answer:

<h2>Market Value of the 200 share position:</h2>

= 200 x $47.25

= $9,450

Explanation:

a) Data and Calculations:

Purchase of 200 shares of an S&P 500 Inverse ETF (-1x) at $50 per share

= $10,000 at beginning on purchase date.

Value at the end of the day = $9,000 ($10,000 x 0.90)

Value at the end of the next day = $9,450 ($9,000 x 1.05)

Another way to calculate the above is to concentrate on the unit price

Therefore, purchase price = $50 per share

Value on purchase date = 200 x $50 = $10,000

End of the purchase day price = $45 ($50 x 90%)

Value at the end of the day = 200 x $45 = $9,000

Next day price = $47.25 ($45 x 1.05)

Value next day = 200 x $47.25 = $9,450

3 0

2 years ago