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3 years ago

Help please?:) introduction to accounting related

Business

1 answer:

katen-ka-za [31]3 years ago

4 0

Answer:

The process of paying vendors is one of the final steps in the Purchase to Pay cycle. Briefly, when a company orders goods from a supplier it raises a Purchase Order (PO), when the goods or services arrive they will receive an invoice from the supplier.

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Future Value At age 20 you invest $1,000 that earns 7 percent each year. At age 30 you invest $1,000 that earns 10 percent per y

agasfer [191]

Answer:

In the case of age 30, there will be more money at the age of 60

Explanation:

When person start investing at the age of 20 then total year till 60 years age is = 40 years.

Interest rate (r ) = 7 percent or 0.07.

Investment amount (Present value) = $1000

Now the total amount at the age of 60 years is calculated below.

$Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.07 ) ^{40}\\= 14974.4578 \ dollars$

Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.

$Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.1 ) ^{30}\\= 17449.4023 \ dollars$

7 0

3 years ago

Happinessistheroad Corp. has the following information available regarding its labor: Managers expected to pay $11 per direct la

777dan777 [17]

Answer:

The actual labor rate per hour is $12

Explanation:

First and foremost, we need to understand that a direct labor spending variance of $990(unfavorable) means that the firm spent an additional $990 compared to what was expected.

Also, the spending variance is computed as the actual labor rate minus the standard labor rate multiplied by the actual labor hours worked

spending variance=(actual labor rate-standard labor rate)*actual labor hours

spending variance=$990

actual labor rate=unknown=(assume it is X)

standard labor rate=$11

actual labor hours worked=990

$990=(X-$11)*990

$990/990=X-$11

$1=X-$11

X=$1+$11

X=actual labor rate=$12

8 0

3 years ago

What stipulation on the use of Star Wars did the<br> federal district court include in its ruling?

tankabanditka [31]

Answer:

C.) The interest groups could only use the phrase for non-profit purposes.

Explanation:

I know for a fact I am right, cause I was built *DIFFERENT*

Have a spectacular day!! :D

6 0

3 years ago

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

kherson [118]

The best option for her to choose is the one called Anual Compounding. With the rest of the compoundings she will have to pay more money. With a semi-annual rate she wil have to pay almost 1000 dollars more than in an anual compounding. With a quarterly period she will have to pay almost the same amount as a semi-annual period. Now with a monthly period she would have to pay almost 2000 dollars of interest.

This was not copied from a website or someone else. This was from my last year report.

7 0

4 years ago

Galactic Inc. is considering an investment in new equipment that will be used to manufacture a smartphone. The phone is expected

Stella [2.4K]

Answer:

24%

Explanation:

The computation of the average rate of return is shown below;

As we know that

The Average rate of return = Net income ÷ Average investment

where,

Net income is

= (Selling price per unit - totat cost per unit) × additional units sales

= ($212 - $200) × $4,500 units

= $54,000

And, the average investment is

= (cost price + equipment) ÷ 2

= ($418,500 + $31,500) ÷ 2

= $225,000

So, the average rate of return is

= $54,000 ÷ $225,000 × 100

= 24%

4 0

3 years ago

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