The compound interest on the given information is 204 Rs.
<h3>What is compound interest?</h3>
Interest received on both the principal amount of your savings and any prior amount is known as compound interest.
The calculation for compound interest-
A = P [ 1 + r/100]^n
Principal amount=2500
Time = 2 years
Rate of interest =4%
A stand for Total Amount = Principal amount + Interest
Total amount = 2500 × (1 + 4/100)²
= 2500 × ( 1 + 1/25)²
= 2500 × (26/25)²
= 2500 × (676/625)
= 2704
Interest = Total amount - Principal amount
= 2704-2500
= Rs. 204
Therefore, the compound interest will be Rs. 204.
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Answer:
Malthus
Explanation:This would be a very long explination; however, the answer is Malthus.
Answer:
decrease in the day's sales inventory
Explanation:
Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.
This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.
Answer: $11,800
Explanation:
Cashflow inflow from Customers is calculated as follows
Cash flow from customers = beginning account receivable + Credit sales - ending Account receivable.
Plugging in figures would give us,
= 3,360 + 10,640 - 2,200
= $11,800
$11,800 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
You may wonder what happened to the uncollectible accounts expense amounted of $940. It was meant to confuse you. That figure is dealt with before the ending Account Receivable balance is computed.
