All categories

3 years ago

Please help me with personal finance!!! NO LINKS!!!

Business

1 answer:

nikklg [1K]3 years ago

8 0

Answer:

I can't post the link i found to answer the question so if u look this up u will find the answer

Explanation:

You might be interested in

A bank purchased a credit default swap from another financial institution to protect itself against the default of one of its bo

Vedmedyk [2.9K]

Answer: Hedging

Explanation: because the bank is hedging when it purchases a credit default swap that is offering protection against the default of one of its borrowers.

6 0

3 years ago

In service companies, __________ is supported by a cost ledger with a job cost sheet for each client. a.Work in Process b.Cost o

laila [671]

Answer: Work in process

Explanation:

The work in process is basically refers to the work in the progress that helps in process the production of the products and the services.

The work in process is basically refers to the process inventory system that helps in managing the accounting period and also the cost is basically assigned for the inventory valuation.

According to the given question, the work in process is supported by the cost ledger that manages all the services with the client in the company. Therefore, Work in process is the correct answer.

Therefore, Work in process is the correct answer.

7 0

3 years ago

Porter was unemployed for part of the year. porter received $35,000 of wages, $4,000 from a state unemployment compensation plan

Gre4nikov [31]

$41,000 Yes porters gross incomes

7 0

3 years ago

Calculate the interest and total amount due at the end of the loan for both simple and compound interest. Loan YearsRate(a)$1,00

Crank

Solution :

a). Interest for the simple interest $= 1000 \times 5 \times 2$

= $ 100

Amount due for the simple interest = $ 1000 + $ 100

= $ 1100

Amount due for the compound interest $= 1000 \times (1.05)^2$

= $ 1102.50

Interest for the compound interest = $ 1102.50 - $ 1000

= $ 102.50

b). Interest for the simple interest $= 1500 \times 6 \times 5$

= $ 450

Amount due for the simple interest = $ 1500 + $ 450

= $ 1950

Amount due for the compound interest $= 1500 \times (1.06)^5$

= $ 2007.34

Interest for the compound interest = $ 2007.34 - $ 1500

= $ 507.34

c). Interest for the simple interest $= 1000 \times 10 \times 10$

= $ 100000

Amount due for the simple interest = $ 10000 + $ 10000

= $ 20000

Amount due for the compound interest $= 10000 \times (1.10)^{10}$

= $ 25937.42

Interest for the compound interest = $ 25937.42 - $ 10000

= $ 15937.42

d). Interest for the simple interest $= 25000 \times 15 \times 15$

= $ 56,2500

Amount due for the simple interest = $ 25000 + $ 56,250

= $ 81,250

Amount due for the compound interest $= 25000 \times (1.15)^{15}$

= $ 203,426.54

Interest for the compound interest = $ 203,426.54 - $ 25,000

= $ 178,426.54

e). Interest for the simple interest $= 47,750 \times 20 \times 20$

= $ 191,000

Amount due for the simple interest = $ 47,750 + $ 191,000

= $ 238,750

Amount due for the compound interest $= 47,750 \times (1.20)^{20}$

= $ 1,830,620.40

Interest for the compound interest = $ 1,830,620.40 - $ 47,750

= $ 1,782,870.40

6 0

3 years ago

A firm uses the chase strategy of aggregate planning. It produced 1000 units in the last period. Demand in the next period is es

Maksim231197 [3]

Option E is correct.

<u>Explanation:</u>

Case strategy focuses on to produce only such amount of goods that is ordered by the customers. In the chase strategy of aggregate planning, demand and capacity are matched for every period, one by one. In the given problem, since the firm is using the chase strategy, it would first match demand and capacity for the next period.

Since the demand for the next period is 1100 units, and the firm produced 1000 units in the last period, it would require more workers to cater to the additional requirement of 100 units.

By hiring workers, the firm would be able to match the demand and supply for the next period.

4 0

3 years ago