Answer:
the money you will invest per year to fund 70% of your salary after retirement is given by,
X 70%=280 700.
Explanation:
you will need to save 280 700 in order to pay yourself 70% of 401 000.
since percentage is by 100, you will divide the salary by 100 and multiply the result by the new percentage.
Answer:
Statement B is correct
Explanation:
Provided Information that,
Company A has shorter Average Collection Period than Company B,
Average Collection Period refers to the period in which the cash is collected from debtors.
Thus in the given statements only statement B states that Company A is more efficient in collecting receivables from debtors, thus it is the correct statement.
Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.
Statement C which states about generating revenue is not correct as the company might have cash sales.
Statement B is correct
Answer: $1312.41
Explanation:
The following information can be depicted from the question:
Cost of HP Spectre laptop = $1353
Credit terms = 3/15, net 30
Therefore, since discount allowed is 3%, the complement of the discount rate will be:
= 100% - 3%
= 97%
Therefore, amount needed to pay will be:
= Listed price × Complement of discounts rate
= $1353 × 97%
= $1353 × 0.97
= $1312.41
Therefore, the amount needed to pay is $1312.41
Answer:
a. an ownership interest in the corporation.
Explanation:
Stock refers to the stake of the owners of a corporation in the company.
It is sometimes referred to as shares or owner's equity and the owners of stock are called shareholders.
Stock therefore may be described as an ownership interest in the corporation represented as equity in the financial statement.
Option a is right.
There are lot of people involved in production. The action taken by the producer is prohibited by law.
<h3>Which actions is considered to be an unfair trade practice?</h3>
Unfair business practices are said to be any kind of misrepresentation, untrue advertising or depiction of a good or service, noncompliance with the terms of manufacturing standards, etc.
The action of the producer is prohibited because it is not the right thing to do and also not backed up by law.
Learn more about Producers from
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