Answers
Answer:
A = $3136.51875
Explanation:
Given that :
The principal = $3,000.00
Rate = 9%
Time = 6 months
Since the amount is compounded quarterly;
r = 9/4 = 2.25 %
t = 6 months = 2 quarter
Using the formula:
A = P(1+r/100)^t
A = 3000.00(1+ 2.25/100)^2
A = 3000.00( 1+ 0.0225)^2
A = 3000.00 (1.0225)^2
A = 3000.00 (1.04550625)
A = $3136.51875
Related Questions
Ramon sells two enchiladas and three tacos for $\$$2.50 and he sells three enchiladas and two tacos for $\$$2.70. Assuming a fixed price per item, what is the cost, in dollars, of three enchiladas and four tacos
A company's most recent free cash flow to equity was $100 and is expected to grow at 4% thereafter. The company's cost of equity is 13%. Its WACC is 7.77%. What is its current intrinsic value
The SP Corporation makes 38,000 motors to be used in the production of its sewing machines. The average cost per motor at this level of activity is: Direct materials $ 9.70 Direct labor $ 8.70 Variable manufacturing overhead $ 3.55 Fixed manufacturing overhead $ 4.50 An outside supplier recently began producing a comparable motor that could be used in the sewing machine. The price offered to SP Corporation for this motor is $24.55. If SP Corporation decides not to make the motors, there would be no other use for the production facilities and none of the fixed manufacturing overhead cost could be avoided. Direct labor is a variable cost in this company. The annual financial advantage (disadvantage) for the company as a result of making the motors rather than buying them from the outside supplier would be:
Joan is a single individual who works for Big Petroleum, Inc. During all of 2019, she is stationed in West Africa. She pays West African taxes of $20,000 on her Big Petroleum salary of $92,000. Her taxable income without considering her salary from Big is $36,000. How should Joan treat the salary she receives from Big Petroleum on her 2019 U.S. tax return?
Answers
Except under very exceptional circumstances, the only ratio that makes up ROE that can be negative is the profit margin ratio. As a result, the asset turnover ratio continues to be positive and shows the amount of sales produced for each dollar of assets owned by the organization.
What is profit margin ?
One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits. Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter.
Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.
To know more about profit
#SPJ5
Explanation:
The profit margin ratio is the only ratio that makes up ROE that can be negative (except in relatively rare cases). ... Therefore, Asset turnover ratio still represents the amount of sales that is generated for each dollar of assets the company owns and always is positive.
Answers
Answer:
A and B
A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy
B. Communicate directly to employees about the changes and expectations.
Explanation:
The question is not complete, please refer the complete question below
One of Tony Hsieh's most important roles now is to act as a cultural leader for Zappos. Which of the following would be the best ways for Hsieh to guide the culture at Zappos in light of the switch to Holacracy?
A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy
B. Communicate directly to employees about the changes and expectations.
C. Relinquish his title as CEO in response to the change to a boss-less organization.
D. Listen to employees concerns and be willing to change some aspects of Holacracy.
Answers
Maria’s utility-maximizing point is: 3 salads, 6 vegetarian burgers. Therefore, the correct option is C.
Given information: Each salad costs $6 and each vegetarian burger costs $3. Maria’s weekly food budget is $36.
3 salads cost will be:
= $18
6 vegetarian burgers cost:
= $18
Total cost: $18 + $18 = $36
When Maria is consuming 3 salads and 6 vegetarian burgers, she is spending $36 which is equal to her budget i.e. $36. So, it is Maria’s utility-maximizing point.
The happiness or benefit that a person obtains from consuming a good, using a service, or participating in an activity is referred to as utility. It stands for the arbitrary evaluation of how highly a person values or likes a given option or choice.
Thus, the ideal selection is option C.
Learn more about utility here:
#SPJ12
The complete question might be:
For Lunch, Maria Eats Only Salads Or Vegetarian Burgers. Her Weekly Food Budget Is $36. Each Salad Costs $6 And Each Vegetarian Burger Costs $3. When Deciding How Much Of Each Good To Buy, Maria Knows That 2 Salads And 4 Vegetarian Burgers Will Give Her A Utility Of 8. Maria’s Utility-Maximizing Point Is: A. 6 Salads, 1 Vegetarian Burger B. 4 Salads, 6
32. For lunch, Maria eats only salads or vegetarian burgers. Her weekly food budget is $36. Each salad costs $6 and each vegetarian burger costs $3. When deciding how much of each good to buy, Maria knows that 2 salads and 4 vegetarian burgers will give her a utility of 8. Maria’s utility-maximizing point is:
A. 6 salads, 1 vegetarian burger
B. 4 salads, 6 vegetarian burgers
C. 3 salads, 6 vegetarian burgers
D. 2 salads, 8 vegetarian burgers
Answers
Answer: b. preparing the financial statements
Explanation: As accounting involves recording, classifying, summarizing, and the interpretation financial information, the accounting process, is considered a series of procedures that are employed in the collection, processing, and communication of financial information. In the accounting process, journal entries are first adjusted (identifying and analyzing business transactions and events) after which they are posted. This represents the first and second steps. Then the adjusted trial balance is prepared, followed lastly by the preparation of financial statements. Therefore, the preparation of financial statements is completed last.
Final answer:
The last step in the accounting process among the options provided is b. preparing the financial statements. The process begins with journalizing, leading through posting, and preparing the adjusted trial balance, before culminating in the financial statement's preparation.
Explanation:
The last step in the accounting process among those provided would be b. preparing the financial statements. The accounting process usually follows these steps: Firstly, transactions are d. journalized (recorded in the journal). Next, these journal entries are a. posted to the ledger. Then, an unadjusted trial balance is prepared to check the equality of debits and credits. The next step is adjusting entries and c. preparing the adjusted trial balance. Finally, the accounting period ends with the preparation of the financial statements, reflecting the company's financial health.
Learn more about the Accounting Processes here:
#SPJ3
Answers
Answer:
b) 240
Explanation:
The fixed costs to the production of the tractors are $600.000, independently if the company makes 1 or none tractor, the company must spend $600.000 variable cost are attached to the number of tractors that the company will make. In this case the company will produce $15.000 and the variable cost is $200, its a reason why you must multiply those numbers. Excersise:
Total cost of produce n tractor = fixed costs+( number of tractors * variable cost)
where n = 15.000
Total cost of produce n tractor =$600.000+(15.000*$200)
Total cost of produce n tractor =$600.000+ ($3.000.000)
Total cost of produce 15.000 tractors = 3.600.000
Now that you have the total cost, you have to divide in the number of tractor to fin the average cost per quantity:
Average cost= (Total cost of 15.000 tractors/number of tractors)
Average cost= (3.600.000/15.000)= $240
will happen to the new equilibrium price and quantity?
A) price increases; quantity increases
B) price increases; quantity is unknown
C)price decreases; quantity decreases
D)price decreases; quantity increases
E)price is unknown; quantity increases