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3 years ago

Hi can you please answer this question for me?

Business

2 answers:

REY [17]3 years ago

8 0

Answer:

compound interest

Explanation:

Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.

Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.

Ivenika [448]3 years ago

5 0

Answer:

Compound Interest

Explanation:

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Marcos Industries uses the retail method of inventory costing. The retail value of the inventory is $478,000. If the ratio of co

dybincka [34]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The retail value of the inventory is $478,000. The ratio of cost to retail price is 60%. What is the amount of inventory to be reported on the financial statements?

Inventory= 478,000*0.60= $286,800

7 0

4 years ago

Boxer Company owned 24,000 shares of King Company that were purchased in 2019 for $350,000. On May 1, 2021, Boxer declared a pro

ivolga24 [154]

Answer:

$92,000

Explanation:

Calculation for By how much is retained earnings reduced by the property dividend

Using this formula

Reduction in Retained earnings=(Boxer stock outstanding/Declared property dividend )×King stock market price)

Let plug in the formula

Reduction in Retained earnings=(46,000/10 shares ) x $20

Reduction in Retained earnings= $92,000

Therefore By how much is retained earnings reduced by the property dividend is $92,000

7 0

3 years ago

From power perspective, dependence would be low when ________.

max2010maxim [7]

Answer:

The correct answer is letter "E": the goods have substitutes.

Explanation:

Dependence is a characteristic of certain goods that because of their importance certain groups of individuals or organizations cannot stop consuming them. People, in general, have a dependence on consumer staples such as food, drugs, and basic household products, for instance.

Dependence is low when the goods have many substitutes since if one of them fails in supply or raises its price to unreasonable levels, individuals will have options from where to choose to replace it.

7 0

3 years ago

Identify and explain two reasons why effective communication within a business is important to the management

steposvetlana [31]

Answer:

Why effective communication within a business is important to the management?

In order to attain your objectives, it is critical to communicate well during negotiations. Within the business, communication is also crucial. Effective communication can aid in the development of a positive working connection between you and your employees, which can enhance morale and productivity.

Explanation:

It Builds and Maintains Relationships: Positive interactions with people help to form and maintain relationships. Communication will be crucial in this process; without it, it would be difficult to build and maintain fruitful partnerships. Communication is an important component of any relationship. Two people cannot be friends until they begin to communicate with one another. A supervisor-underling relationship is similar, in that the boss should be able to explain how to do his job to a new office worker.

It Facilitates Innovation: Collaboration and innovation inside the unit or organisation can be improved when employees feel free to express themselves. Employees, for example, will be able to share their ideas on how to improve a company process. Furthermore, if employees are unable to communicate their ideas owing to a lack of communication skills, the idea is unlikely to be fully implemented.

3 0

2 years ago

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0

3 years ago