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3 years ago

PLEASE HURRY!!!!!!

Business

2 answers:

lord [1]3 years ago

4 0

Annual Percent Yield (APY)

iren [92.7K]3 years ago

3 0

If Jamie would like to compare one savings account to

another savings account, and that he compares the amount of the interest he

will earn in one year in each account, it is likely that he is demonstrating

the annual percentage yield. This is where the annual rate return exist in

which the effect of copound interest is being taken into account.

hope this helps

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3 years ago

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Slimline and Distributor signed a contract providing that Distributor would use reasonable efforts to promote and sell Slimline’

Sveta_85 [38]

Answer: In this case, Slimline would win the case because Distributor's conduct and less inclination towards the product is breach of the contract. Therefore Slimline sued Distributor, alleging a violation of the agreement.

Hence, in this case Slimline is more likely to win the case as it was asked of the distributor to use reasonable efforts to promote and sell Slimline’s diet drink.

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3 years ago

The following information is provided for each division. Investment Center Net Income Average Assets Cameras and camcorders $ 6,

kotegsom [21]

Answer and Explanation:

The calculation of the residual income for each division is given below:

Target Income Cameras & Camcorders Phones & Comm Computers & Acc.

Average Assets $20,600,000 $21,500,000 $16,600,000

Target Return 14% 14% 14%

Target Income $2,884,000 $3,010,000 $2,324,000

Residual Income Cameras & Camcorders Phones & Comm Computers & Acc.

Net Income $6,800,000 $3,010,000 $1,100,000

Less: Target Income $2,884,000 $3,010,000 $2,324,000

Residual Income $3,916,000 $0 -$1,224,000

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3 years ago

Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires

Nitella [24]

Answer and Explanation:

The journal entries are shown below:

1. On Sep 30

Cash $15750

To Sales $15,000

To Sales taxes payable ($15000 ×5%) $750

(Being the cash receipts is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities

2 On Sep 30

Cost of goods sold $12,000

To Merchandise inventory $12,000

(Being the cost of goods sold is recorded)

For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets

3 On Oct 15

Sales taxes payable $750

To Cash $750

(Being cash paid is recorded)

For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets

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3 years ago

A company's mission statement does NOT:_____.

kondor19780726 [428]

Answer:d) give the company its own identity. explain "where we are headed.

Explanation: A company's mission statement is a statement that specifically highlights the following

(1) The needs of the customer which the company plans to fulfill.

(2) Highlight the company's products and services which are rendered.

(3) It should also identify the Customer or market it is trying to reach.

This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.

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3 years ago