FOOD;

On a certain day, Tim invested $1,000 at 10 percent annual interest, compounded annually, and Lana invested $2,000 at 5 percent

just olya [345]

Answer:

$5

Explanation:

The value of investment after two years of investment by Tim can be calculate using the following formula:

Value of investment= P(1+i)^n

n=number of years=2

i=annual interest=10%

P= amount invested by Tim initially=$1,000

value of investment=1,000(1+10%)^2

=1,000(1.21)

=1,210

Interest earned by tim over the two years=1,210-1,000=210

The value of investment after two years of investment by Lana can be calculate using the following formula:

Value of investment= P(1+i)^n

n=number of years=2

i=annual interest=5%

P= amount invested by Lana initially=$2,000

value of investment=2,000(1+5%)^2

=1,000(1.1025)

=2,205

Interest earned by Lana over the two years=2,205-2,000=205

Excess interest earned by Tim over Lana=210-205=$5

4 0

3 years ago

Coca-Cola, Inc. and PepsiCo, Inc. have only one distributor each in the Phoenix area. The Phoenix market is an intensely competi

yaroslaw [1]

Answer:

B. The denial is justifiable given the level of interbrand competition.

Explanation:

Anti trust law only applicable if you can proof that two or more producers in the same industry work together in order to assert their control over the market. They can do this through price fixing, controlling the amount of supply, etc.

This condition<em> can't be found</em> in the scenario above.

The denial that done by PepsiCo is justifiable because in a really competitive market, a company need to impose a strict requirement on which entities they should form a dealership relation with. If PepsiCo choose the wrong dealers, Its competitors could easily taken over the market and resulted in a huge amount of loss for the company.

7 0

4 years ago

Managers practice the art of getting things done using organizational resources such as: Multiple select question. information w

Zarrin [17]

The managers get things done by using organizational resources such as: such as:

equipment
workers
information

<h3>What is an art of getting things done?</h3>

These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.

Therefore, the Option A, B, D is correct.

Read more about organizational resources

<em>brainly.com/question/15075305</em>

#SPJ1

4 0

2 years ago

Oriole Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 56,000 with terms 2/10 n/30.

Leokris [45]

Answer:

July 1, 2020

Dr. Account Receivable $56,000

Cr. Sales $56,000

July 9, 2020

Dr. Cash $54,880

Dr. Sales Discount $1,120

Cr. Account Receivable $56,000

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

As Payment of $56,000 is received within the discount period. So, the discount will be

Discount = $56,000 x 2% = $1,120

Amount Paid = $56,000 - $1,120 = $54,880

8 0

3 years ago

Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated

Kruka [31]

Answer:

$15.48

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Manufacturing overhead) ÷ (Direct labor-hours)

where,

Manufacturing overhead equals to

= Actual manufacturing overhead + over applied manufacturing overhead

= $362,380 + $9,140

= $371,520

So, the rate is

= $371,520 ÷ 24,000 hours

= $15.48

3 0

3 years ago