It is the detailed record of all the changes in a specific asset, liability, or stockholder's equity item as a result of transaction. Hope this helps!
Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.
Answer:
$400,000
Explanation:
Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment
Differential revenue= $200x2,000 units
Differential revenue= $400,000
Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000
Answer:
Explanation:
Step 1 – Locating and Defining Issues or Problems. ...
Step 2 – Designing the Research Project. ...
Step 3 – Collecting Data. ...
Step 4 – Interpreting Research Data. ...
Step 5 – Report Research Findings.
Answer:
D. 8 percent interest for 9 years
Explanation:
We would use the formula future value formula below to determine which of the investment options would double her money:
FV=PV*(1+r)^n
PV is the amount invested which is $1000
r is the interest rate expected to be earned while n is the number of years First option:
FV=$1000*(1+6%)^3
FV=$1,191.02
Second option:
FV=$1000*(1+12%)^5
FV=$1,762.34
Third option:
FV=$1000*(1+7%)^9
FV=$ 1,838.46
Fourth option:
FV=$1000*(1+8%)^9
FV=$2000
Last option:
FV=$1000*(1+6%)^10
FV=$ 1,790.85
