All categories

3 years ago

Good morning everyone how yall doing today

Business

2 answers:

elena-14-01-66 [18.8K]3 years ago

5 0

Answer:

very good morning dear...

have a NYC day ahead... :)

Nady [450]3 years ago

3 0

Good afternoon im good thank you 1+1=3

You might be interested in

"You need to have $15,000 in five years to pay off a home equity loan. You can invest in an account that pays 5.75 percent compo

Nana76 [90]

Answer:

I have to invest $11364.

Explanation:

The formula of Compound Interest is:

$A = P(1+\frac{r}{n})^{nt}$

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.

Putting all these values in above formula:

$15000 = P(1+\frac{0.0575}{4})^{4\times5}$

⇒ $15000 = P(\frac{4.0575}{4})^{20}$

⇒ $15000 = P(1.014)^{20}$

⇒ $15000 = P(1.320)}$

⇒ P = 11364

Hence, I have to invest $11364 for 5 years.

4 0

3 years ago

Organizations with __________ possess a broadly and deeply shared value system that can provide a strong corporate identity

DochEvi [55]

Answer:

strong cultures

Explanation:

6 0

3 years ago

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric

mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y ............... Equation (1)

Less : COSG = $33,836,000 ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0

3 years ago

Tin Company and Aluminum Company reported the following information in their financial statements, prior to their merger: Tin Co

lilavasa [31]

Answer:

3.61

Explanation:

The data in the question are merged together and they are first separated before answering the question as follows:

Tin Company Aluminum Company

$ millions Sales COGS Inventories Sales COGS Inventories

2019 $42,750 $40,775 $10,005 $66,420 $56,175 $25,350

2018 41,250 29,960 12,660 69,150 42,700 26,950

Answer is as follows:

Tin Company's average inventory = ($10,005 + $12,600) ÷ 2 = $11,302.50

Tin Company's cost of goods sold (COGS) in 2019 = $40,775

Tin Company's 2019 inventory turnover = COGS ÷ Average inventory = $40,775 ÷ $11,302.50 = 3.61

6 0

4 years ago

Everything else held constant, in the market for reserves, when the federal funds rate is 2%, lowering the interest rate paid on

Rudiy27

Answer: lowers the federal funds rate.

Explanation:

The federal funds rate is the rate at which banks lend money to their selves overnight to ensure that they meet lending and reserve requirements.

The interest rate paid on excess reserves rate is the amount of interest that the Fed pays banks to keep excess reserves. If this rate was to decrease, banks would have less incentive to keep excess reserves at the Fed and so would have more money to meet lending and reserve requirements such that they won't need to borrow from other banks as much which would then lead to the federal funds rate decreasing due to less demand.

4 0

3 years ago