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3 years ago

Which of these statements is true?

Business

1 answer:

olasank [31]3 years ago

6 0

Answer:

Compound interest will lead to a larger sum of money than a comparable simple interest payment.

Explanation:

The true statement is that compound interest will lead to a larger sum of money than a comparable simple interest payment because the interest are compounded for a certain number of times such as daily, weekly, quarterly or annually while simple interest isn't compounded at all.

To find the future value, we use the compound interest formula;

$A = P(1 + \frac{r}{n})^{nt}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

Mathematically, simple interest is calculated using this formula;

$S.I = \frac {PRT}{100}$

Where;

S.I is simple interest.

P is the principal.

R is the interest rate.

T is the time.

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Select the law that determines if the strategy is legal or illegal. 1. WCG agrees with its cell plan competitors to raise prices

Llana [10]

Answer:

The given laws for each are as follows:

Explanation:

1. WCG agrees with its cell plan competitors to raise prices for all customers - Sherman Antitrust Act

2. WCG colludes with another company to stop offering family plan discounts - Sherman Antitrust Act

3. WCG decides to advertise a new plan that is 75 percent off the regular plan, even though it is only 20 percent less - Wheeler-Lea Act

4. WCG promises retail consumers a "wholesale" rate, even though it is the same price as always - Wheeler-Lea Act

5. WCG wants to attract more women to its plans and starts offering female consumers 30 percent off their bill - Robinson-Patman Act

6. WCG offers a discount to teenage males in an effort to get customers from its more trendy competitor - Robinson-Patman Act

5 0

4 years ago

In a push based system of distribution which relies on selling to customers through a sales force and retail partners, managers

Elanso [62]

Answer:

a) channel members.

Explanation:

A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.

Therefore, managers direct their promotional efforts more towards channel members, so that the path that the product goes through to reach the final consumer is effective so that the product arrives in the right way, in the right quantity and at the right time to the consumer. Effective management of the company 's distribution channel helps to reduce costs, reduce delays, speed up the capacity to meet demand, increase customer satisfaction, etc.

6 0

3 years ago

John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consis

svetlana [45]

Answer:

Calculation of Net taxable income

Particulars Amount Amount

Interest income from savings interest $200

Interest income from certificate deposit $350

Dividend from saving account with $100

local credit union

Interest income from us treasury note $250

Tax exempt interest from municipality bond $500

Ordinary dividend $1,700

Gross total income $3,100

Income exempt

Dividend from saving account $100

Dividend from treasury note $250

Tax exempt interest from municipality bond $500 $850

Net taxable income $2,250

8 0

3 years ago

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $250,000; Patents and copyrights = $720

spayn [35]

Answer:

Common stock balance= $1,039,000

Explanation:

A balance sheet can be described as a financial statement that presents the assets, liabilities and shareholders' equity of a company.

Common stock refers to the security such shares that represents ownership in a company.

In order to determine the common stock account balance for Rogers Corp., its balance sheet is first prepared as follows:

Rogers Corp.

Balance Sheet

For the year 2018

Particulars $ $

Intangible Assets:

Patents and copyrights 720,000

Tangible Assets:

Net fixed assets 3,400,000

Current Assets:

Cash 250,000

Accounts receivable 129,000

Inventory 345,000

Total Current Assets 724,000

Current Liabilities:

Accounts payable (530,000)

Notes payable (190,000)

Working Capital 4,000

Long-term Liabilities:

Long-term debt (1,830,000)

Net Total Assets 2,294,000

Financed by:

Common stock (w.1) 1,039,000

Accumulated retained earnings 1,255,000

Owners' Equity 2,294,000

Workings:

w.1: Common stock balance = Net total assets - Accumulated retained earnings = $2,294,000 - $1,255,000 = $1,039,000

4 0

4 years ago

The weak form of the efficient-market hypothesis asserts that stock prices do not rapidly adjust to new information contained in

Bess [88]

I really don’t know but mark me brainliest because I lost most of my points

6 0

3 years ago