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dybincka [34]
4 years ago
8

1. At 5.3 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your a

nswer to 2 decimal places, e.g., 32.16.)
2. At 5.3 percent interest, how long does it take to quadruple your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a. Length of time ___ years
b. Length of time ____ years
Business
1 answer:
eduard4 years ago
3 0

Answer:

a. Length of time<u> 13.42 years </u>

b. Length of time <u>26.84 years</u>

Explanation:

a) Time to double the money:

=NPER(5.3%,0,-100,200)

=13.42 years

b) Time to quadruple the money:

=NPER(5.3%,0,-100,400)

=26.84

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Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic
Masteriza [31]

Answer:

Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.

Explanation:

7 0
2 years ago
For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $316,7
erastovalidia [21]

Answer:

Explanation:

The preparation of ta static budget report for the second quarter is shown below:

                                          CROIX COMPANY

                                         Sales Budget Report

                             For the Quarter Ended June 30, 2017

                       Second Quarter                      Year to date

Product Line  Budget  Actual  Difference  Budget  Actual  Difference

New Guitar $383,500  $387,400 $3,900    $700,200 $690,500  $9,700

                                                      Favorable                             Unfavorable

The year to date balances are computed below:

For Budget:

= $383,500 + $316,700

= $700,200

For Actual:

= $387,400 + $690,500

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6 0
3 years ago
An aging of a company's accounts receivable indicates that $8,000 are estimated to be uncollectible. If Allowance for Doubtful A
joja [24]

Answer:

c. debit to Bad Debts Expense for $6,900.

Explanation:

Allowance for Doubtful Accounts  $1,100 credit balance,

Estimated Un collectibles                $8000 credit

Required Adjustment                    $ 6900 credit

The adjustment to record bad debts for the period will require a

c. debit to Bad Debts Expense for $6,900.

Bad Debt Expense $ 6900 Dr

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Alternatively if the allowance account had a debit balance the entry would have been posted adding the two amounts.

7 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Margarita [4]

Answer:

Total period cost under variable costing $60,000

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The computation of the total period cost under variable costing is shown below:

Variable selling and administrative expenses (880 units × $15) $13,200

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Total period cost under variable costing $60,000

6 0
3 years ago
Surveys are an especially effective source of support for topics related to the attitudes, values, and beliefs of the people A.
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8 0
3 years ago
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