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Ne4ueva [31]
2 years ago
6

Need help fast!!!!!!!! :(

Business
1 answer:
Margaret [11]2 years ago
6 0

Answer: Compound interest pays interest on the principal and the interest earned in each period.

Explanation:edge 2020

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On January 1, 2008, Pacer Company paid $1,920,000 for 60,000 shares of Lennon Co.’s voting common stock which represents a 45% i
Fittoniya [83]

Answer:

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

Explanation:

In order to calcuate the balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 we would have to calculate the following formula:

Net balance=Investment made+share of net income-dividend

Investment made = $1,920,000

share of net income= $670,000*45%= $301,500

dividend= $2.5*60,000= $150,000

Therefore, Net balance= $1,920,000 + $301,500 - $150,000

Net balance= $2,071,500

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

7 0
3 years ago
which payday loan lender is likely to ask you to write a check for $115 before granting you a $100 loan
dsp73

The loan lender is likely to ask you to write a check  is: Payday advance company.

<h3>What is loan lender?</h3>

A loan lender is a person or a company that give out loan or lender out money to people.

A Payday advance loans company is a company that gives out loan to borrowers or lender in which the borrower are expected to payback the amount loan to them  after receiving their paycheck or salary.

Payday advance loans company  tend to given out fixed  interest rate to their borrower.

Inconclusion the loan lender is likely to ask you to write a check  is: Payday advance company.

Learn more about payday advance company here:brainly.com/question/25239160

4 0
2 years ago
What kind of funding creates part owners or shareholders
Ilia_Sergeevich [38]
You have to have permission from the owner and the banks to have part owner ship of anything and it can also be written out and signed from the owners them selfs.
5 0
3 years ago
Read 2 more answers
Why is Apple’s industry so competitive and how could this affect the ethical risks in Apple’s operations?
maw [93]

Answer:

Apple industry is the consumer goods technological sector.

Explanation:

This sector is very competitive because it tends to be very profitable, which means that it attracts a large number of skilled entrepreneurs and wokers who create high quality products that customers demand. This is specially true of the mobile phone sub-sector, with industry giants like Samsung and Huawei being in stiff competition with Apple.

Because of this, Apple faces several ethical risks: for one, it faces the risk of not practicing predatory pricing techniques like dumping in order to drive out competition, because this would be unfair not only to the other firms, but also to the other companies.

Another ethical risks would be more relevant for managers, and that is that managers should avoid to overestimate their ability to increase profits, because this may create false expectations on the board, on stockholders, and on the customers, leading to malinvestment, and other negative eocnomic consequences.

6 0
3 years ago
Pine Street Inc. makes unfinished bookcases that it sells for $62. Production costs are $36 variable and $10 fixed. Because it h
Gelneren [198K]

Answer:

They should continue production to finished bookcases.

Explanation:

Giving the following information:

Pine Street Inc. makes unfinished bookcases that it sells for $62. Production costs are $36 variable and $10 fixed. Because it has unused capacity, Pine Street is considering finishing the bookcases and selling them for $70. Variable finishing costs are expected to be $6 per unit with no increase in fixed costs.

Unfinished bookcases profit= 62 - 36 - 10= $16

Finished bookcases profit= 70 - 46 - 6= $18

They should continue production to finished bookcases.

3 0
3 years ago
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