Answer:
She will have $16,772.59 more in the second investment.
Explanation:
Giving the following information:
Recently she received an inheritance of $54,000 from her grandmother's estate. She plans to use the money for the down payment on a home in ten years when she finishes her education.
We need to use the following formula:
FV= PV*(1+i)^n
First savings account:
FV= 54,000*(1+0.04)^10= $79,933.19
Second investment:
FV= 54,000*(1+0.06)^10= $96,705.78
She will have (96,705.78 - 79,933.19) $16,772.59 more in the second investment.
Answer:
UCL 14.08oz
LCL 13.93oz
Explanation:
´x=σ/√n
0.15/36 =0.15/6=0.025
´x= =14oz
UCL=´x+z σ´x
UCL=´x−z σ´x
UCL= 14 +3σ´x=14 +3(0.025)
=14+0.075
UCL=14.075oz approximately 14.08oz
LCL= 14 -3σ´x=14 -3(0.025)
=14- 0.075
LCL=13.925oz approximately 13.93oz
Answer:
$5,750
Explanation:
The computation of the balance in the allowance for doubtful accounts after bad debt expense is shown below:
= Account receivable × estimated percentage - credit balance of Allowance for doubtful accounts
= $295,000 × 0.03 - $3,100
= $8,850 - $3,100
= $5,750
By deducting the credit balance from the estimated amount we can find out the balance in the allowance for doubtful accounts
How about Drake just beats Peter by becoming a world-renown rapper and earning a net worth of +$60 million?
But seriously, what's the question?
Answer: Benchmarking
Explanation: what she has done by research other industry's policies on vacation is known as benchmarking. This is a process of measuring the performance of a firm's products, services, policies or processes against those of another business that is perceived to be the best in the industry. Its purpose is to help organizations adopt best practices and also to identify internal opportunities that could be improved upon.