Answer:
The account balance by the end of year 3 will be : $5,283.2
Explanation:
You are planning to deposit $2,000 into an account at the end of year 1 and $3,000 at the end of year 2. The account earns 4% interest.
The account balance at the end of year 1 = $2,000
The account balance at the end of year 2 = $2,000 x (1+4%) + $3,000 = $2,080 + $3,000 = $5,080
The account balance at the end of year 3 = $5,080 x (1+4%) = $5,283.2
Answer:
C.social needs.
Explanation:
Maslow's hierarchy of needs is a motivational theory that goes through five forms of needs set out below:
1. Physiological needs: These are the survival needs i.e. food, clothing, house, air
2. Security needs: This need covers human, financial, etc. protection and security
3. Social needs: These needs represent an person being or not involved in social groups. It makes the person not feel alone, lonely, etc.
4. Awareness needs: Awareness needs are the recognition he or she receives
5. Self-actualization needs: As the name suggests, it is self-actualizing in order to let the person know about his or her abilities.
So according to the given options, the most appropriate option is C. as it shows the social needs i.e loneliness, alone, etc
Answer:
Explanation:
Bike Co.
Bank Reconciliation
Cash balance according to Bank statement 8,980
Add:Deposits of May 31,not recorded by bank 1,050
Add:Bank error in charging checks as 730instead of $370 360 1,410
10,390
Deduct:checks outstanding 5,560
Adjusted balance 4,830
Cash balance according to company records 3795 (5140+39175-40520)
Add:collection of note 2,120
5915
Deduct: Error in recording cheque (310-130) 180
Bank service charge 25
NSF 880 1,085
Adjusted balance 4,830
2) Journal entries'
a 31-May Cash 2,120
Note receivable 2,000
interest revenue 120
b. 31-May Accounts payable-rack pro co 180
Miscellaneous expense 25
account receivable 880
cash 1,085
3) 4,830
Answer: the tax on capital gains is deferred until the gain is realized
Explanation:
A low dividend payout is a situation that occurs when the majority of w company's profit are kept and then reinvested in the business while the rest will be shared as dividends.
A low dividend policy is favored when the tax on capital gains is deferred until the gain is realized.
Answer:
B) Contingency planning
Explanation:
When a person or an organization develops a contingency plan, it means that they developed their plan B (or even C). This means that you are planning ahead in case something doesn't go as it should or something really bad happens. This is exactly what FEMA does with NIMS, they make contingency plans in case of emergencies.
In this specific case, it is unlikely that a natural disaster destroys the store, but an economic catastrophe might hit it. Management is developing a contingency plan in case that sales plummet. This plan might include aggressive marketing promotions, reducing personnel, lowering costs, obtaining a loan, etc.
