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SashulF [63]
3 years ago
13

The process of converting an amount given at the present time into a future value is called

Business
2 answers:
natulia [17]3 years ago
5 0
Answer:  "compounding" .
_______________________________________________
Colt1911 [192]3 years ago
3 0
Hey Calebwando

It is called "Compounding"
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8 0
3 years ago
QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value
yawa3891 [41]

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

  • Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
  • This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

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3 years ago
On january 1, year 1, canseco plumbing fixtures purchased equipment for $52,000. residual value at the end of an estimated four-
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3 years ago
The employees of Pi's Pizza, a local pizza restaurant, feel that the owners and managers really try to follow the ethical polici
vfiekz [6]

Answer:

c. ethical climate.

Explanation:

<em>Ethical Climate is the moral atmosphere that domains and is practiced by a company in a work environment. </em>

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
Simmons Consulting Co. has the following accounts in ts ledger Cash: Accounts Receivable Supplies: Office Equipment Accounts Pay
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Answer:

Simmons Consulting Co

<u><em>General Journal</em></u>

Oct 1

Rent Expense $4,800 (debit)

Cash $4,800 (credit)

<em>Paid Rent Expense</em>

Oct 3

Advertising expense $2,500 (debit)

Cash $2,500 (credit)

<em>Paid Advertising Expense</em>

Oct 5

Supplies  $1,390 (debit)

Cash $1,390 (credit)

<em>Paid for Supplies</em>

Oct 6

Office equipment $10,670 (debit)

Office Equipment Accounts Payable $10,670 (credit)

<em>Bought Office equipment on credit</em>

Oct 10

Accounts Receivable $19,730 (debit)

Cash $19,730 (credit)

<em>Received payment from accounts</em>

Oct 15

Cash $59,480 (debit)

Accounts Payable $59,480 (credit)

<em>Made payment to Accounts Payable</em>

Oct 27

Miscellaneous Expenses $530 (debit)

Cash $530 (credit)

<em>Paid for Miscellaneous Expenses</em>

Oct 30

Utilities expense $220 (debit)

Cash $220 (credit)

<em>Paid for telephone bill</em>

Oct 31

Cash $538,620 (debit)

Fees Earned $538,620 (credit)

<em>Cash received for Fees Earned</em>

Oct 31

Utilities expense $1,540 (debit)

Cash $1,540 (credit)

<em>Paid for electricity bill</em>

Oct 31

Drawings $56,700 (debit)

Cash $56,700(credit)

<em>Cash drawings by owner</em>

Explanation:

I have prepared the journals and their narrations, see the above.

8 0
3 years ago
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