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2 years ago

To align currency symbols and decimal points in a column of numbers, you can apply the ____ number format.

Business

1 answer:

shutvik [7]2 years ago

4 0

Answer:

Accounting.

Explanation:

In Microsoft Excel, to align currency symbols and decimal points in a column of numbers, you can apply the accounting number format.

When an individual (accountants or financial experts) wishes to display numbers as a monetary value, he or she is required to format the numbers as currency. The procedure for achieving this, is to apply an accounting number format to the required or necessary cells to be formatted.

In order to access the number formatting options, users should navigate to the Home tab which is found in the Number group on the Microsoft excel software application.

<em>Also, worthy of mention is the fact that the accounting number format can be used to display negative numbers in parentheses and zeros as dashes. </em>

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In 2010, the imaginary nation of Bovina had a population of 5,000 and real GDP of 600,000. In 2011 it had a population of 5,200

Elenna [48]

Answer:

The correct answer is B. During 2011, real GDP per person in Bovina grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Explanation:

To determine the growth rate of Bovina, the country's GDP per capita must be calculated, which gives a genuine result regarding the country's production based on the size of its population. The GDP per capita is calculated by dividing production by the number of inhabitants of the country.

In 2010, Bovina had a GDP per capita of $ 120, since it had a GDP of $ 600,000 and a population of 5,000 people (600,000 / 5,000 = 120). In turn, in 2011, the country had a GDP per capita of $ 122.4, which arises from having a population of 5,200 and a GDP of $ 636,480 (636,480 / 5,200 = 122.4).

As we can see, there was a growth in the GDP per capita, so there was a real growth in the GDP of the country. To determine the growth percentage, we must determine how much 2.4 (122.4 - 120) represents with respect to the initial GDP per capita of 120. To do this, a cross multiplication must be used:

120 = 100

2.4 = X

(2.4 x 100) / 120 = X

240/120 = X

2 = X

As we can see, the economic growth between 2010 and 2011 was 2%.

8 0

2 years ago

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino

hodyreva [135]

Answer:

Depending on what game Jennifer played, she might have to pay taxes. If Jessica won the money playing [email protected]@ck or [email protected]@[email protected] she doesn't need to pay taxes.

Explanation:

The IRS requires casinos in Las Vegas to withhold 25% of total gambling winnings (or 30% if the gambler is from a foreign country). When a casino withholds taxes, they will provide you with IRS Form W-2G.

You must remember to keep Form W-2G so you can report it on your IRS Form 1040 tax return at the end of the year, to avoid being taxed twice.

But winnings from some table games are not taxed, e.g. [email protected]@ck, [email protected]@[email protected], [email protected], and roulette are not taxed.

8 0

2 years ago

As a result of the organizing campaign at Champlain Products, the union obtained signed authorization cards from 41% of the empl

xz_007 [3.2K]

Answer:

Please see explanation below.

Explanation:

The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.

Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.

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2 years ago

Global Tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth r

ad-work [718]

Answer:

A) $1.82

Explanation:

the dividends discount model is used to determine the value of stock given the distributed dividends and the required rate of return:

current dividend $0.20 per stock

dividends year 1 = $0.23 per stock

dividends year 2 = $0.2645 per stock

dividends year 3 = $0.3042 per stock

dividends year 4 = $0.35 per stock

after year 4, we need to calculate the growing perpetuity = dividend / (return rate - growth rate) = $0.35 / (17.4% - 2.5%) = $0.35 / 14.9% = $2.35

now we must find the present value of the cash flows:

PV = $0.23/1.174 + $0.2645/1.174² + $0.3042/1.174³ + $0.35/1.174⁴ + $2.35/1.174⁵ = $0.1959 + $0.1919 + $0.188 + $0.1842 + $1.0537 = $1.82

6 0

2 years ago

Use what you have learned about managing credit to complete these sentences. Filing for bankruptcy can debt. A major consequence

Agata [3.3K]

Answer:

•Filing for bankruptcy can eliminate debt.

•A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.

Explanation:

Bankruptcy can be defined in three ways.

1. Bankruptcy involves restructuring debts owed by a debtor inorder to be able to pay them. In other words, debtors would file for bankruptcy if they want more time to have their debts restructured(having a payment plan). This gives them another opportunity to pay up their debts.

2. Bankruptcy is when a company sell off it's assets or liquidate them inorder to pay up the debts owed to creditors.

3. Bankruptcy is when an individual who earns wages or has steady source of income is allowed to have a payment plan in order to pay part of his or her debt.

In the above defined bankruptcy options, the chances of getting additional credit after paying up the initial is low. The reason is that these debts would reflect in the credit report of would be borrower in the future hence pose a red flag to organizations that would grant the credit.

It is important for individuals or companies to manage their credit efficiently. Though filing for bankruptcy can eliminate debt, the major future consequence of it is that it can harm an individual's chances of receiving additional credit.

8 0

2 years ago

Read 2 more answers