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3 years ago

Free 100 points + brainliest to Ambitious or below, will not give brainliest if higher than amb

Business

2 answers:

Tomtit [17]3 years ago

6 0

Answer:

What is the question?....

Otrada [13]3 years ago

5 0

Answer:

Ah, i'm expert.. sad.

Explanation:

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Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e

andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

initial fixed amount = $42,180.53

deposit additional = $5,000

account totals = $250,000

expect to earn r = 12%

solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount × $(1+r)^{t}$ + deposit additional × $\frac{(1+r)^t-1}{r}$ ......................a

put here value and we get

$250,000 = 42,180.53 \times (1+0.12)^{t} + 5,000 \times \frac{(1+0.12)^t-1}{0.12}$

solve it we get

time t = 11

so it take to reach your goal is 11 years

6 0

3 years ago

Firms use capital budgeting for their long-term asset investment decisions. Capital budgeting is important because fixed asset i

LenKa [72]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0

4 years ago

Match each transaction with the appropriate journal in which it should be recorded.a. Sales journalb. Purchases journalc. Cash r

Basile [38]

Answer and Explanation:

The matching is as follows:

1. Cash receipts journal - since cash is received

2. General journal - since the items is returned

3. Purchase journal - since purchase is done

4. Purchase journal - since purchase is done

5. Cash disbursement journal - since cash is paid

6. Cash disbursement journal - since cash is paid

7. Purchase journal - since purchase is done

8. General journal - since expenses are recorded

9. General journal - since the items is returned

10. Cash receipts journal - since cash is received

5 0

3 years ago

Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em

Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is a process conducted by a company when it wants to compare its performance with other competitors. In order to do this, the company needs to look into specific metrics and approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your competitors in the same field of business.

6 0

3 years ago

On February 1, Hansen Company purchased $120,000 of 5%, 20-year Knight Company bonds at their face amount plus one month's accru

Alisiya [41]

Answer:

$5,000

Explanation:

interest earned on the first coupon = ($120,000 x 5% x 6/12) - ($120,000 x 5% x 1/12) = $2,500

interests earned until October (for the $40,000) = $40,000 x 5% x 3/12 = $500

interests earned until December (for $80,000) = $80,000 x 5% x 6/12 = $2,000

total interest earned during the year = $2,500 + $500 + $2,000 = $5,000

3 0

3 years ago