1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Genrish500 [490]
2 years ago
12

Juan invests a total of $350000 in two accounts. The first account earned a rate of return of 3% (after a year). However, the se

cond account suffered a 2% loss in the same time period. At the end of one year, the total amount of money gained was $1250. How much was invested into each account
Business
1 answer:
QveST [7]2 years ago
3 0

Answer:

Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.

Explanation:

Given that Juan invests a total of $ 350,000 in two accounts, and the first account earned a rate of return of 3% (after a year), but however, the second account suffered a 2% loss in the same time period, and at the end of one year, the total amount of money gained was $ 1250, to determine how much was invested into each account, the following calculation must be performed:

175,000 x 0.03 - 175,000 x 0.02 = 1,750

160,000 x 0.03 - 190,000 x 0.02 = 1,000

165,000 x 0.03 - 185,000 x 0.02 = 1,250

Therefore, Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.

You might be interested in
Aside from advertising, how can monopolistically
kobusy [5.1K]
<span>This type of marketing is known as imperfect competition as many companies are selling similar products, but the products aren’t similar enough to compete with each other in the market. One way that a company in this type of market can get the most for their money is by producing goods that have a marginal revenue that equals the marginal cost. The company also can continue to develop new products in order to keep us with the demands of its customers. In order to increase the demand for their product, the company may improve its quality and design in order to make it more useful for its customers.</span>
6 0
3 years ago
Chang Industries has 2,000 defective units of product that have already cost $14 each to produce. A salvage company will purchas
sleet_krkn [62]

Answer:

$20,000 income

Explanation:

<em>Computation</em>

Particulars                                                                 Amount

Sale Value of corrected product=                         $42,000.00

(2,000 * 21)

Less : Costs of Correction =                                   ($12,000.00)

(2000 * 6)

Less : Opportunity costs - Salvage Value Lost =  <u>($10,000.00)</u>

(2,000 * 5)

Incremental Revenue=                                             <u>$20,000.00</u>

4 0
3 years ago
The date on which the principal amount is repaid to the bondholder is known as the​ ________.
blagie [28]
The answer is “Bond Maturity Date”.
8 0
1 year ago
Shaw Company sells goods that cost $300,000 to Ricard Company for $410,000 on January 2, 2017. The sales price includes an insta
arlik [135]

Answer:

Explanation:

a. The journal entries are shown below:

Accounts receivable A/c Dr $410,000

            To Sales revenue A/c $370,000

            To Unearned service revenue A/c $40,000

(Being the sale is recorded)

Cost of goods sold A/c Dr $300,000

          To Merchandise inventory A/c $300,000

(Being inventory is sold at cost)

b.  The recognized revenue would be

Sales revenue $370,000

Service revenue $20,000

Total revenue $390,000

The service revenue would be

= $40,000 × 3 months ÷ 6 months

= $20,000

And, the 3 months is computed from January 2 to March 31

5 0
3 years ago
Employees who work in teams that allow for rapid decision making and a better view of the end product are likely working in what
netineya [11]

Answer:

Horizontal Management

Explanation:

Horizontal management is an organization structure in which there are very few managers, in this type of management authority is given to the employees. This makes the employees to have a sense of empowerment because they can make vital decisions without the approval of a manager.

In horizontal management, decision making happens rapidly with little or no bureaucracy. These companies tend to have a limited amount of projects on which they work, which benefits from the unstructured, open environment since the entire team communicates and share essential information on where the project is and where it is heading to.

8 0
3 years ago
Read 2 more answers
Other questions:
  • On March 11, Jangles Corporation received a $20,000 invoice dated March 8.
    6·1 answer
  • Is the summary of transactions for the month of June, the same as the general journal entries for the same month
    8·1 answer
  • What other countries received significant monetary assistance from the marshall plan?
    15·1 answer
  • What is the primary benefit for people and nations that engage in trade?
    5·1 answer
  • Petrus Framing's cost formula for its supplies cost is $2,300 per month plus $6 per frame. For the month of March, the company p
    6·1 answer
  • Beth needs a new roof. She finds Clancy, a roofing contractor, through an ad he posted in the local newspaper. Clancy paid $60 t
    6·1 answer
  • According to this doctrine, an agency relationship which is created after the fact when the principal agrees to be bound by the
    8·1 answer
  • Which of these rights is not considered a right of privacy?
    15·2 answers
  • Audience quality, audience engagement, and editorial quality are most likely to be considered when a media planner ________.
    15·1 answer
  • If the production of a product or service involves external benefits, then the government can improve efficiency in the market b
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!