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zubka84 [21]
3 years ago
5

$1000 Principal with a 6% Interest Rate, Compounded Semi-Annually for 3 years.

Business
1 answer:
umka2103 [35]3 years ago
8 0

Answer:

$1,194.05

Explanation:

The applicable formula is A = P x ( 1+ r) ^ n

Where A is the future amount

P is principal amount $1000

r is 6% per year or 0.06

n= time in years; 3 years

Since interest is compounded semi-annually, r will be 0.06 /2 = 0.03

n will be 3 years /2 = 6 periods

A = $1000 x ( 1 + 0.03) ^ 6

A = $1000 x 1.194052

A=$1,194.05

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Shauna Lee Company expects the following for 2024​: • Net cash provided by operating activities of $140,000. • Net cash provided
Assoli18 [71]

Answer:

See below

Explanation:

Computation of Cash flow

Net cash provided by operating activities

$140,000

Less:

Net cash used for investing activities

($86,000)

Less:

Net cash provided by financing activities

(64,000)

Ending cash balance

($10,000)

Therefore, Lee would expect free cash flow of ($10,000) for 2024.

6 0
2 years ago
6. Which of the following statements is NOT an element of a well-designed Service System?a. It is consistent with the operating
alekssr [168]

Answer:

e. It effectively separates the back office and the front office so each can focus on their own tasks in order to optimize their departmental performance.

Explanation:

  • A service system is one that is focused on the growth of technology and information system. It's designed to give services that meet the expectations, needs, and wants of clients.  
  • It is apart of service management, sued in service operations, and found in service marketing. It's designed for client contact, capital flows, and the level of customer involvement.
8 0
2 years ago
You just purchased an existing business that produces solar panels according to the following production function:
frez [133]

Answer:

<u>$50</u>

<u>Explanation</u>:

In the production function, Q = K0.5L0.5,

K denotes the fixed input in the short run.

First, we calculate the total cost:

Cost of Capital= 25 x $1 = $25

Cost of Labor (for a start 25 workers are used)= 25 x $1 = $25

Total= $50

Since the price of the solar panels is $100, substrating from the total cost $50 (100-50) we get $50 profit per unit of solar panel.

4 0
3 years ago
Carrie attends Grant University. She works 22 hours each week at Freight Unlimited and makes $12 per hour. How much money will s
Goryan [66]

The answer is 4,752 :)

hope it helps!

7 0
3 years ago
Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result, a.consolid
alexgriva [62]

Answer:

c.income from operations before service department charges was $1,650,000

Explanation:

We can see from the information in the question, that income from operations and service department charges sum a total of $1,650,000

Gross income before service department charges = $975,000 + $675,000

                                                                                    = $1,650,000

8 0
3 years ago
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