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Elenna [48]
2 years ago
8

Find the present value of $7,000 in 7 months at 9% interest

Business
2 answers:
Xelga [282]2 years ago
7 0
The final balance is $7,375.87.
The total compound interest is $375.87.
Anna11 [10]2 years ago
6 0

Answer:

= principle \times rate \times time \\  = 7000 \times  \frac{9}{100}  \times 7 \\  = 4410 \: dollars

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3 years ago
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In an episode of the Glee television series, members of the glee club sold home-baked cupcakes at school to raise money. The stu
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Answer:

direct channel of distribution

Explanation:

Based on the information provided within the question it can be said that the student selling the cupcakes would be an example of a direct channel of distribution. This term refers to the means by which a company or business gets it's product straight to the consumer with-ought the use of intermediaries. Therefore since the student made the cupcakes and sold them himself he is the direct channel of distribution.

4 0
3 years ago
As of January 1, 2021, Farley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experie
trapecia [35]

Answer:

Balance sheet, what amount should Farley report as allowance for uncollectible accounts?

if we take the final balance of accounts receivable   $582000

If the wrotte off difference affects the final balance and we do not register additional expenses. $469000

Explanation:

Credit balance allownace  523000

Allowance for uncollective 3%

 

Wrotte off                               636000

 

Credit sales                         19400000

Allowance for uncollective              3%

                                             582000

 

 

Credit balance                        523000

Wrotte off                                636000

                                             -113000

 

Allownace for uncollectible      469000

4 0
2 years ago
Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is
vova2212 [387]

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

<h3>What is Process Quality?</h3>

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

Learn more about Efficiency Business Process on:

brainly.com/question/18559769

#SPJ4

8 0
1 year ago
Seojun acquired an activity several years ago, and in the current year, it generates a loss of $50,000. Seojun has AGI of $140,0
ahrayia [7]

Answer:

Seojun's Adjusted Gross income is $140,000.

Explanation: Adjusted Gross income(AGI) is a term used in Financial accounting to describe the total amount of gross income remaining after certain deductions have been made to the Gross income of a business entity over a given period of time.

Since Seojun is not a Material participant,the $50,000 loss can not be considered in calculating Seojun's Adjusted Gross income.

7 0
3 years ago
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