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3 years ago

How does savingd intrest work?

Business

1 answer:

Vinvika [58]3 years ago

8 0

Answer:

The interest rate determines how much money a bank pays you to keep your funds on deposit. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you'll earn $50 after the first year.

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1. Spring Fresh produces premium bottled water. Fresh Spring purchases artesian water, stores the water in large tanks, and th

allochka39001 [22]

Answer:

A. $45,950

B. $0.84 per liter.

Explanation:

A. February conversion costs in the Filtration Department:

= Direct labor costs(Wages of workers operating filtration equipment) + Manufacturing overhead allocated to filtration

= $25,950 + $20,000

= $45,950

B. Filtration Department completely processed 150,000 liters in February.

Total cost incurred:

= Direct labor costs + Manufacturing overhead allocated to filtration + Water

= $25,950 + $20,000 + $80,000

= $125,950

Filtration cost per liter:

= Total cost incurred ÷ Total units processed

= $125,950 ÷ 150,000

= $0.84 per liter.

7 0

3 years ago

Waterway Industries purchased machinery for $905000 on January 1, 2017. Straight-line depreciation has been recorded based on a

BlackZzzverrR [31]

Answer:

$ 178,733

Explanation:

From January 2017 when the machinery was acquired till May 1 2021 when it disposed of, depreciation would have been charged for full years 2017,2018,2019 and 2020 while 2021 depreciation would only be for 4 months.

Annual depreciation=cost-salvage value/ useful life

annual depreciation=($905000-$52000)/5=$170,600

depreciation for 4 years=$170,600*4=$682,400

depreciation for 4 months=$170,600*4/12=$56,867

accumulated depreciation=$682,400+$56,867=$739,267

carrying value=cost-accumulated depreciation= $905000- $739,267 =$165,733

gain on disposal=cash proceeds-carrying value

$13000=cash proceeds-$165,733

cash proceeds=$165,733 +$13000=$ 178,733

4 0

3 years ago

Melanie owns a bakery and has just purchased new powerful mixing machines that will increase her daily output of baked goods. Th

maria [59]

Answer:

Explanation:

Here are the options :

A.physical capital.B.technology.C.human capital.D.financial capital.

Physical capital can be described as tangible, man-made objects used to produce goods. They include machinery, cars

3 0

3 years ago

The tax breaks, bailouts, direct payments, and grants that the government gives to corporations are referred to as

Wittaler [7]

Answer:

Corporate welfare

Explanation:

Corporate welfare is defined as the giving of financial grants, tax breaks, bailouts, etc by the government to large firms or organizations. This corporate welfare also shows how much less these organizations need such benevolent acts from the government compared to the poor and average members of the society. More often than not, the value of corporate welfare is not disclosed to the public thereby making it difficult to wrap one's head around how much corporate welfare the government is giving these corporations or organizations.

Cheers.

8 0

3 years ago

an investment property generates a cash flow of $420,000 and appraises for $8,800,000. what is the owner’s return on investment?

Licemer1 [7]

The owner’s return on investment is $4,583,000

Investment definition is an asset received or invested in to build wealth and keep money from the tough earned earnings or appreciation. funding that means is generally to reap a further source of profits or benefit take advantage of the funding over a selected period of time.

Making an investment is a powerful way to put your money to work and probably build wealth. smart investing may additionally allow your money to outpace inflation and boom in value. The greater growth potential of investing is primarily because of the power of compounding and the chance-go-back tradeoff.

Within the maximum sincere feel, investing works when you buy an asset at a low rate and promote it at a higher price. This sort of go back to your investment is called a capital benefit. earning returns with the aid of selling assets for a profit—or figuring out your capital profits—is one way to make cash investing.

$550,000 ÷ 0.12 = $4,583,000

Learn more about investment here brainly.com/question/25300925

#SPJ4

3 0

2 years ago

How does savingd intrest work?​

How does savingd intrest work?