Answer:
10 percent interest due in one yearExplanation:
Simple interest calculates interests using the formula below.
I= p x r x t
Where P = principal amount
r = interest rate
t= time in years
A). p= $5000, r= 7% or 0.07, t= 2 years
I = $5000 x 0.07 x 2
I = $5000 x 0.14
I= $700
B). p= $5000, r= 10% or 0.10 , t= 1
I = $5000 x 0.10 x 1
I= $500
c). P= $5000, r= 8% or 0.08, t= 18months or 1.5years
I= $5000 x 0.08 x 1.5
I=$400x 1.5
I=$600
Option B is the better deal. The interest amount is $500, which is the lowest amongst all the options.
Please help
4. In which type of economy is a business owner most likely to benefit from free enterprise?
Answer:
In which type of economy is a business owner most likely to benefit from free enterprise? (1 point) In a market economy because there is lots of competition and not much take back from the government. This economy is ideal for a free enterprise.
An investor wants to purchase an annuity that will pay her £80,000 per year for the next 10 years. If the constant, annual effective interest rate is 2%. How much should she be willing to pay today for the annuity? Answer to the nearest pound.
Answer:
£718,607
Explanation:
Annuities are investment opportunities that require an initial settlement and gives a series of returns of a fixed amount for a specific number of periods.
In simple terms, the question requires us to calculate the amount to be paid today (Present Value) of an annuity that pays £80,000 per year for the next 10 years.
To establish the [Present Value of the Annuity, the future Cash Flows must be discounted to the Present Value using the appropriate discount rate. In our case, we will use the annual effective interest rate of 2%.
Present Value = PMT × [ 1 - 1/(1+r)^n ÷ r ]
Where,
PMT = £80,000
n = 10
r = 2%
Therefore,
Present Value = £80,000 × [ 1 - 1 / (1.02) ^ 10 ÷ 0.02]
= £718,606.80 or £718,607
Conclusion :
She be willing to pay £718,607 today for the annuity.
Two or more buyers and two or more sellers acting independently in a particular product market with the freedom to enter and leave the market best describes ______.
Answer:
Competition
Explanation:
Competition occurs when there is two or more buyers or two or more sellers acted independently for a specific market having a freedom to enter or exit the market
So this represent the competition as the competition would arise only in the same industry or different industry who sells same kind of products
Therefore the given situation represent the competition
What does the business entity principle primarily prevent?
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
The business entity principle states that the business and its owner are two separate entities in the eyes of the law. Therefore, their respective investments, withdrawals, income, expenses, profits, and losses should also go into separate accounts. The business accounts should never include the owner’s personal transactions because this might lead to ambiguous accounting information. Thus, the business entity principle primarily prevents a distorted view of the financial condition of the business. It helps in getting a clear understanding of how well the business is actually doing.
Explanation:
sample response given when you check your work
Dmitri bought a $1,000 bond at par value with a coupon rate of 5 percent. He determines the yield by dividing the amount of interest he earns by the price.
a. How much interest would he earn in the first year and what would be the yield?
b. How much interest would he earn in the first year and what would be the yield if he had paid $950 for the bond? What would be the interest and yield if he paid $1,050?
This is not a multiple choice question, please answer both parts if you can.
The interest earned is 5%.
Interest / Price is 4.76%
How to solve for the interest and the priceInterest can be defined as the cost of borrowing. That is, it is the additional amount that the borrower pays to the lender for a principal sum of money that was received.
How to solve the yield on the bond
Part A
Yield = Interest / Price = $50 / $1,000 = 0.05 or 5%
So, the yield on the bond is 5%.
Part B
Yield = Interest / Price = $50 / $950 = 0.0526 or 5.26%
If Dmitri paid $1,050 for the bond, the yield would be lower
Yield = Interest / Price = $50 / $1,050 = 0.0476 or 4.76%
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Monica has been audited by the IRS. She is required to report to an IRS office to clarify items from her tax return. Which type of audit is Monica experiencing?
A. deduction audit
B. correspondence audit
C. office audit
D. field audit
When Monica is required to report to an IRS office on her tax, the type of audit that she is experiencing is known as an office audit
What is an office audit?
An office audit refers to a special scrutinizing of the taxpayer's records by IRS from its offices in order to ensure a compliance with tax law.
Hence, in this scenario, she is experiencing is known as an office audit because they are scrutinizing her records.
Therefore, the Option C is correct.
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6. Which of the following does NOT characterize a command economy?*
O a. The presence of competition
O b.
b. The economic question are answered by the government
O c. Very little economic choice
d. No private ownership
__________ is the idea that a specific type of effort will create increasingly effective results up until a certain point, when it will then cause smaller and smaller increases in results.
A. The division of labor
B. Outsourcing
C. The law of diminishing returns
D. Globalization
Answer:
C. The law of diminishing returns
Explanation:
The law of diminishing marginal returns argues that the continuous addition of one input of production while holding the other constant will lead to increased productivity up to the optimal level. Beyond the optimal level, employing extra input will result in declining productivity. If more of the input while holding the other constant, productivity will turn negative.
List one time the government should interfere in the decisions of individuals
Answer:
If the decisions are against them
Explanation:
They can stop it
Her current campaign has a total investment of $25,500, generates 1,500 conversions, and has a CPA of $17. Which plan, built in the Performance Planner, will help Molly with her marketing goal to generate more sales
Answer: An investment of $40,000 to generate 2,000 conversions and a CPA of $20.
Explanation:
For molly to achieve her marketing goal, which is centered around making more sales and more profit. She would be needing and investment of around $40,000, as this amount would help generate a conversion of 2000 and a CPA in the region of $20.
e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
Answer:
I would use progressive commission sales, for example:
number of units sold sales commission
0 - 200 2%
201 - 400 2.5%
401 - 600 3%
601 - 800 3.5%
801 - 1,000 4%
This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.
Digital photography replacing film photography would be an example of a(n) _____. Group of answer choices radical innovation regressive innovation disruptive innovation architectural innovation
Answer:
disruptive innovation.
Explanation:
A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.
Digital photography replacing film photography would be an example of a disruptive innovation.
What do most business people think is the primary purpose of business?
A. To fix the problems of society
B. To invest all profits back into the business
C. To protect private property
D. To generate wealth
The most business people think generating wealth is the primary purpose of business. Therefore, option D is the correct option.
What is business?Businesses are economic activities. The activity of the business is performed by the people either in order to make money or to make simply a living. The activity of the business is performed by manufacturing goods, producing services, buying, and selling.
The major purpose of business is to earn profits. However, some businesses are in social service as well, they produce goods and services for the betterment of the society and the environment. Also, corporate social responsibility, which is paid by the business to the government helps in many ways.
The majority of businesspeople believe that making wealth is the main goal of their industry. As a result, choice D is the best one.
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A bank can offer which of the following
Checking Account and a Savings Account
Tax Bills
Checking Account
Checking Account, Savings Account, Safety Deposit Box
Answer:
Checking Account, Savings Account, Safety Deposit Box
Explanation:
Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.
Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include
Checking accounts, Savings accounts, Safety Deposit BoxMoney Markets accountsCertificated of Deposits accountsAnswer:
Checking Account, Savings Account, Safety Deposit Box
Explanation:
The person above was correct.
Someone who takes charge and solves problems without being asked to is demonstrating ______.
a.
loyalty
b.
malleability
c.
cooperativeness
d.
initiative
Answer:
d.
initiative
Explanation:
The term initiative means beginning something on one's own accord. Taking the initiative implies starting an action out of one's judgment. In initiative, instructions come from within the person rather than from others.
Loyalty refers to commitments and dedications to an organization, brand, or any other item. Cooperativeness is exhibiting close cooperation with others.
Answer:
d is the answer
Explanation:
Cynthia has had a very complicated financial year. She worries that her tax return will be extremely complicated this year as well. She thinks she will have numerous random deductions and credits that she fears she might miss. What is her BEST option for filing taxes?
A. Prepare her taxes on her own.
B. Prepare her taxes using an electronic tax program.
C. Hire someone to prepare her taxes.
D. Choose to not file taxes this year.
Deciding to do the right or wrong thing is based on making what type of decision?
ethical
business ethics
unethical
a code
Answer:
ethical
Explanation:
What shows the quantity of a product or service a supplier is willing to sell across a
range of prices?
Answer:
Supply curve or Supply schedule
Explanation:
A supply curve is a graphical presentation of the relationship between the price of a product, and the quantity suppliers are willing to sell in the market. It shows the different volume suppliers are happy to sell at different prices. A supply curve slopes from the bottom moving upwards showing how quantity supplied increases as price rises.
The supply schedule shows much quantity suppliers are willing to sell in the market at different prices. The supply presents this information in a table format. Both supply curves and supply schedule give the same information. While the supply curve is a graphical presentation, the supply schedule presents the same data in a table format.
how evade taxes pls tell me how to evade taxes i am only nine years old and need not pay taxes cause i hate taxes, taxes are for nerds
Answer:
you simply cease to do your legal documentation
Explanation
you dont have taxes until u have a job
4r^3t^2 – 6t^2r^3 + 3rt – 16
answer this prob
also rate how i look 1-10
Answer:10
Explanation:your cute
to synthesize means to condense information
Answer:
false?
Explanation:
synthesize means to combine
condense means to make to make shorter
When a salesperson earns 10% of his or her total sales, which type of compensation has occurred?
a. time wage
b. straight salary
c. incentive pay
d. benefits
e. a and
A list of investments held by an individual is a
portfolio
mutual fund
stock market
stock table
Answer:
Holdings are the contents of an investment portfolio held by an individual or entity, such as a mutual fund or a pension fund. so its A
Explanation:
If you know that the value of an asset is $100 today, what concept will tell you what it will be worth in 5 years given a certain interest rate
Answer:
future value
Explanation:
Future value is the value of a sum of money at some point in the future given a certain interest rate.
Formula for future value = present value x ( 1 + r )^n
Assuming i = 10
the future value of $100 in 5 years = 100 x ( 1.1)^5 = $161.05
a sum of Rs.5,000 written off as depreciation on furniture has not been debited to depreciation account.
Required : Rectifying entries.
Answer:
Dr Depreciation Account 5,000
Cr suspense Account 5,000
Explanation:
Based on the information given if the amount of Rs.5,000 which was written off as depreciation on furniture has not yet been debited to depreciation account the appropriate Journal entry to rectify the transaction is :
Dr Depreciation Account 5,000
Cr suspense Account 5,000
(Being to rectify the amount of Depreciation not debited in depreciation account now recorded)
what does a formula do in a spreadsheet program
Answer:
Hwlo
Explanation:
Formulas – Adding, Subtracting, Multiplying and Dividing
With a spreadsheet you can insert a formula that will instantly add, subtract, multiply or divide numbers in columns or rows. To do this you select a cell in a new column or row and then type in a formula
basically jim walked to walk and walkin be walker yuhh
Consumer surplus in a market for a good exists because... some producers charge different prices for the good in different markets. some producers charge different prices for the good in different markets. binding price floors encourage producers to increase the supply of the good. binding price floors encourage producers to increase the supply of the good. some consumers would be willing to pay more than the equilibrium price of the good. some consumers would be willing to pay more than the equilibrium price of the good. producers do not have market power to set their own price. producers do not have market power to set their own price. when the price of the good decreases, most consumers increase their demand for the good. when the price of the good decreases, most consumers increase their demand for the good.
Answer:
This is long
Explanation:
Why would the U.S. Federal Reserve Chairman content that changes in monetary policy may have less of a positive impact than would fiscal policy changes on individuals and small businesses?
Answer:
i need help tooooooooooooo
Richards Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the company follows: Beginning raw materials inventory$10,000Ending raw materials inventory 12,000Raw material purchases 90,000Beginning work in process inventory 40,000Ending work in process inventory 25,000Direct labor 130,000Total factory overhead 60,000Beginning finished goods inventory 55,000Ending finished goods inventory 45,000 The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:
Answer:
1.Cost of Raw Materials= $88,000
2.Cost of Goods Manufactured = $293,000
3. Cost of Goods Sold= $321,000
Explanation:
1. Calculation for the Cost of Raw Materials Used using this formula
Cost of Raw Materials = Beginning Inventory + Purchases - Ending Inventory
Let plug in the formula
Cost of Raw Materials= $10,000 + $90,000 - $12,000
Cost of Raw Materials= $88,000
B) Calculation of Cost of Goods Manufactured
Using this formula
Cost of Goods Manufactured = Beginning Work in process Inventory + Direct Material + Direct Labor+ Factory Overhead - Ending Work in process
Let plug in the formula
Cost of Goods Manufactured = $ 40,000 + $88,000 + $130,000 + $60,000 - $25,000
Cost of Goods Manufactured = $293,000
3. Calculation for Cost of Goods Sold
Using this formula
Cost of Goods Sold=Beginning Inventory + Production During Period - Ending Inventory
Let plug in the formula
Cost of Goods Sold= $40,000 + $293,000 - $12,000
Cost of Goods Sold= $321,000
Therefore The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:
1.Cost of Raw Materials= $88,000
2.Cost of Goods Manufactured = $293,000
3. Cost of Goods Sold= 321,000
Answer:
Explanation:
The previous answer has incorrect numbers for cost of goods sold. It should be cost of goods manufactured (293000) + beginning finished goods inventory - ending finished goods inventory. They used the numbers for beginning and ending raw materials inventory. The correct answer is:
Cost of Materials Used: 88000
Cost of Goods Manufactured: 293000
Cost of Goods Sold: 303000
What is the business?
Annette started working as a repairperson in a local appliance store when she was in school. She loved the work and was promoted to service manager within a few years. Annette had always wanted to own her own business, and she started to research ways to achieve her goals. The next year, Annette opened her own store, Annette’s Appliance and Repair Shop. Her store is a distributor for Whirlpool washers and dryers.
Answer:
supplier
Explanation:
Answer: product trade-name franchise
Explanation:
franchising is the licensing of a franchisee or dealer to sell or distribute a specific product using the franchisor’s trademark, trade name, and logo. Standard forms of franchising include product franchising, traditional franchising, and business format franchising.