BUSINESS HIGH SCHOOL

Madison has an account that pays different interest rates depending how much she has in her account. This type of interest rate is called a _____.nominal interest rate
variable interest rate
real interest rate
annual percentage yield

Answers

Answer 1
Answer: The correct answer for the question that is being presented above is this one: "variable interest rate." Madison has an account that pays different interest rates depending how much she has in her account. This type of interest rate is called a variable interest rate.
Answer 2
Answer:

Answer:

variable interest rate

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The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expense $2,300, Supplies Expense $1,200, and Utilities Expense $600. In reviewing the statement, you discover the following.Insurance expired during July of $400 was omitted.Supplies expense includes $200 of supplies that are still on hand at July 31.Depreciation on equipment of $150 was omitted.Accrued but unpaid wages at July 31 of $300 were not included.Services provided but unrecorded totaled $500.InstructionsComplete the correct income statement for July 2010. (List amounts from largest to smallest eg 10, 5, 3, 2.)Benning Co.Income StatementFor the Month Ended July 31, 2010RevenuesService RevenueAccrued RevenueDepreciation ExpenseSupplies ExpenseEquipmentSuppliesUtilities ExpenseWages ExpenseUnearned RevenueAccumulated DepreciationInsurance ExpenseWages PayablePrepaid Insurance $ExpensesWages PayableInsurance ExpenseSuppliesUtilities ExpenseAccumulated DepreciationWages ExpenseService RevenueUnearned RevenueDepreciation ExpenseAccrued RevenueSupplies ExpenseEquipmentPrepaid Insurance $Prepaid InsuranceAccrued RevenueInsurance ExpenseService RevenueWages PayableEquipmentSuppliesUnearned RevenueAccumulated DepreciationUtilities ExpenseDepreciation ExpenseSupplies ExpenseWages ExpenseUtilities ExpenseEquipmentDepreciation ExpenseWages PayableService RevenueSupplies ExpenseUnearned RevenueAccrued RevenueInsurance ExpenseWages ExpensePrepaid InsuranceSuppliesAccumulated DepreciationAccrued RevenueAccumulated DepreciationUtilities ExpenseEquipmentDepreciation ExpenseUnearned RevenueWages ExpenseWages PayableSupplies ExpensePrepaid InsuranceInsurance ExpenseService RevenueSuppliesWages PayableWages ExpenseSupplies ExpenseService RevenueUtilities ExpenseAccumulated DepreciationPrepaid InsuranceUnearned RevenueSuppliesAccrued RevenueEquipmentDepreciation ExpenseInsurance Expense
PROJECT: USING ADVANCED FORMULASSuppose you own a small business with ten employees. Small businesses use spreadsheets for a variety of reasons.OBJECTIVESCreate a spreadsheet to track payroll.DirectionsCreate a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:Employee 1: 78Employee 2: 75Employee 3: 80Employee 4: 45Employee 5: 50Employee 6: 80Employee 7: 65Employee 8: 60Employee 9: 78Employee 10: 75Your spreadsheet should calculate:the total hours worked for each employeethe gross pay for each employee (pay rate is $12.50 per hour)the state income tax for each employee (use 5.7%)the Federal income tax for each employee (use 15%)Social Security for each employee (use 3.5%)the net pay for each employee by subtracting the income tax and Social Security from the gross paythe total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employeesWhen you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.
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What is the purpose of annotating mail?

Answers

To annotate something is to look over. You need to re-check your mail before you send it off. Make sure the address is right. Make sure everything on there is correct before you send it off. The people that deliver the mail need to make sure they are giving the right person the right mail.

What takes place during pre-planning

Answers

Explanation:

during pre planning, planning is being taken place during this stage in which the planning or brain storming is being done in advance in a form of having to organize the things that a team should do to finish a task ahead of time or just right in time

1. In a pure competition market, producers should produce and sell where P=MC. Why? Why couldn’t they price their product above MC or wherever they want? Explain your reasons.

Answers

In a pure competition market, all products that being sold in that market is EXACTLY the same. None is worse and none is better.

In that condition, Buyers will make their decision based on price ( since all product's quality is possible)

That's why producers should sell where p=MC, which mean they should sell in the lowest price possible to be able to compete with other competitors

Mike and Molly really like their financial institution. They are part-owners of the institution and appreciate the great customer service every time they speak with a representative about their financial needs, especially in their share account. They also enjoy the membership that they have at their financial institution. What financial institution have they chosen

Answers

Answer: Credit Union

Explanation:

Mike and Molly are making use of a credit union type of financial institution.

A credit union type of financial institution makes use of money of joint members deposited to give loans to members within the same group. The money they credit to members within the group is the money that would have been profit to other group members. So, instead of taking their profit home individually, they are given out on loan to members within the group. The purpose of this credit loan type of financial institution is to encourage members to save and to easily access loans.

In December 2020, Quebecor Printing received magazine subscriptions for 2021 from customers, who paid $420 in cash. What would be the appropriate journal entry for this event in December 2020?

Answers

Answer:

Debit cash $420

credit unearned revenue $420

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A wage paid based on the ability to sell a product or service is a. _____.
sales
commission
performance
none of the above

Answers

A wage paid based on the ability to sell a product or service is called commission. This is usually given to sales person in particular because they are the one who are facing the clients and trying to persuade them purchase their products of services.
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