All categories

2 years ago

Last year, loana's revenues totaled $121,000. This year, she anticipates a 20% increase. However, her

1 answer:

4 0

$23,950 MORE due to 25% of 97,000 added on which is 121,250, and then add 20% of 121,000 onto that and subtract 121,250 off your new total to get $23,950.

You might be interested in

Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the

artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank $50,000

Cr: Short Term Loan $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense $1,333.33

Cr: Accrues Interest Expense $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

8 0

2 years ago

Pat manages the customer care department of her firm. She is very happy with her team of 15 customer care representatives who'v

Serggg [28]

Answer:

Motivation

Explanation:

Motivation in work is when employees are incentivized due to their good performance, this happens when they provide the company a greater value. There are two kinds of motivation:

Internal: it includes emotions and thoughts, in the exercise given this internal motivation is letting the team know that they are doing good
External: includes salary and work environment, in the case given the bonuses are the external motivation

I hope you find this information is useful and interesting! Good luck!

3 0

2 years ago

The S&P 500 index delivered a return of 20%, -10%, 20%, and 5% over four successive years.

sladkih [1.3K]

Answer:

C) 8.75%

Explanation:

Number of periods = 4 years

Given return rates = 20%, -10%, 20%, and 5%

To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.

$AAR = \frac{20-10+ 20+ 5}{4} \\AAR=8.75\%$

Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.

4 0

3 years ago

Fishing Adventures rents small fishing boats to tourists for daylong fishing trips. Each boat can only carry 1500 pounds of peo

galben [10]

Answer:

Who want to rent a boat? 8 person

Explanation:

Carry 1500 pounds

Carry 200 pouns

Average 150 pound /person

Additional10 pounds/person

1500-200=150x +10x

1300=160x

x=1300÷160

x=8,12

8 person Aditional Gear

150 10

8 8

1200 80 200 1480

8 0

3 years ago

What is capital market?

goblinko [34]

It's a financial market where people can buy or sell long-term debt or equity-backed securities

The example of capital markets are : New York stock Exchange, American stock exchange, London stock exchange, NASDAQ, Etc

5 0

3 years ago