Answer:
The account balance after 4 years will be $2,420.
Explanation:
First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.
Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.
Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48
Now we use the formula for compound interest
Final amount = Principal*(1+R)^N
Principal = 2,235
R= 0.166% or 0.00166
N= 48
We put these values into our formula
2,235*(1+0.00166)^48
=2,420
According to management theory, óscar’s firm operates in a rapidly changing industry. He often must apply his excellent "<u>problem-solving skills</u>" to assess problems and develop solutions very quickly.
This is based on the idea that <u>problem-solving skills</u> are essential in assisting individuals in determining the cause of a problem and why it is occurring, including how to decipher the issue.
There are various <u>Problem-Solving Skills</u> include:
- Active listening.
- Analysis.
- Research.
- Creativity.
- Communication.
- Dependability.
- Decision making.
- Team-building, etc.
Hence, in this case, it is concluded that the correct answer is "<u>Problem Solving Skills."</u>
Learn more here: brainly.com/question/21641756
Answer:
$204,080
Explanation:
The computation of operating cost is shown below:-
operating cost if occupy 55%
Cost on (800 × 90%)
= 720 units is $220,040
Cost on (800 × 80%)
= 640 Units is $215,480
Variable cost per unit = Changes in total cost ÷ High activity-Low activity
= ($220,040 - $$215,480) ÷ (720 - 640)
= 4,560 ÷ 80
= 57 per unit
Fixed cost = Total cost - Variable cost
= $220,040 - (720 × 57)
= $179,000
Cost equation:
Total cost = Fixed cost + Variable cost per unit
Y = $179,000 + 57X
Y = $1790,00 + (57 × 440)
Y = $204,080
Answer:
Debit Supplies $350, credit Cash $350
Explanation:
The journal entry for the purchase of supplies is shown below:
Office supplies A/c Dr $350
To Cash A/c $350
(Being the office supplies are purchased for cash)
Since the office supplies are purchased for cash which means the supplies are increased and the cash balance is decreased.
That's why we debited the supplies account and credited the cash account.
Answer: A. Recognized $3.75 million loss on the project in 2022.
Explanation:
The project is 70% complete after 2022
i.e $99.75 million costs to date / $142.5 million estimated total costs.
The estimated gross profit is now $7.5 million
( i.e., $150 million - $142.5 million)
gross profit to date is $5.25 million. $9 million was recognized in 2021 so a $3.75 million loss is recognized in 2022.
