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2 years ago

12

On June 30, Nance Company receives a $5,000, 90-day, 4% note from a customer as payment on her account. How much interest will b

e due on the note's maturity date

1 answer:

DedPeter [7]2 years ago

5 0

Answer:

50$

Explanation:

5000 x 4% x 90/360 = 50$

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You expect a share of EconNews.Com to sell for $65 a year from now. If you are willing to pay $65.74 for one share of the stock

iogann1982 [59]

Answer:

dividend payment = $6

Explanation:

given data

sell = $65

pay = $65.74

require a return = 8%

solution

we will use here present value formula that is express as

current stock price ( present value ) = $\frac{future\ value}{1 + rate}$ ........................1

$65.74 = $\frac{65+d}{1+0.08}$

here d is dividend

solve it we get

d = $6.00

so dividend payment = $6

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2 years ago

The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi

slamgirl [31]

Answer: Private good

Explanation:

According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.

The following are some example of the private goods are as follows:

Food
Clothes
Fresh air
Knowledge

Therefore, Private good is the correct answer.

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3 years ago

The chart indicates the tasks of four individuals who work in the Education and Training career cluster.

kondaur [170]

I believe the answer is D, as Tammy creates new ways to become a better teacher, Vannia speaks with parents and the school board, and Alcott Meets with the school board regarding changes in budgets making them administration and administrative support pathway and Stefan belongs to the supportive services as he is dealing with scholarship information and testing info.

7 0

3 years ago

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Breed Products has performed extensive studies on its costs and production and estimates the following annual costs based on 150

mafiozo [28]

Answer:

(a) $8.20

(b) $1,125,000

(c) 125,000

Explanation:

(a) Unit selling price:

= (Total cost incurred + Desired profit) ÷ Number of units sold

= ($630,000 + $600,000) ÷ 150,000

= $8.20

(b) Profit = Dollar sales - Variable cost - Fixed cost

($ sales × 20% profit) = $ sales - ($ sales × 60%) - $225,000

($ sales × 20% profit) = ($ sales × 40%) - $225,000

$225,000 = ($ sales × 40%) - ($ sales × 20% profit)

$225,000 = ($ sales × 20%)

Dollar sales = $225,000 ÷ 20%

= $1,125,000

(c) No. of units required to be sold:

= Dollar sales ÷ Selling price per unit

= $1,125,000 ÷ $9

= 125,000

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3 years ago

What is compund interest?

dlinn [17]

Answer:

compound interest- interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan.

Explanation:

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3 years ago

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