Answer:
The investment will grow to $20,497 in four years if interest is compounded annually.
On other hand, the investment will grow to $20,684 if interest is compounded at 10% semi-annually
Explanation:
Using compound interest formula below the,the total investment after four years:
A=P(1+r/n)^nt
A=Future value
P=Principal amount invested
n=number of time interest is paid per time period
t=number of time period
First question:
P=$14000
r=10%
n=4 years
t=1 period
A=$14000*(1+0.1)^4
A=$20497.4
Second question
P=$14000
r=10%
n=4years
t=2 times
A=$14000*(1+0.1/2)^4*2
A=$20684.38
In short , the investment grows better if the interest is compounded at 10% semi-annually.
Answer:
Jon P . Farmer here is an entrepreneur , whose annual income exceeds $100,000 annually.
Explanation:
According to the given question Jon P. Farmer here is an entrepreneur who earns more than $100,000 annually. We can say that Jon P.Farmer is an entrepreneur because here Jon has created his own business ( marketing pure Hawaiian air ), by founding the Kolopua Hawaii LLC, he is taking most of the risk here and he is also getting most of the rewards from the sale of floral bouquet .
Answer:
d. $13.00
Explanation:
contributon margin = selling price - variable cost
sales price: $25 per unit
<u>list of variable cost:</u>
Direct mateirals 6.20
Direct labor 2.80
variable overhead 1.45
sales commisions 1.00
adminsitrative variable<u> 0.55 </u>
total variable cost 12.00
$25 selling price per unit - $12 variable cost per unit =
$13 contribution margin per unit
This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.
Answer:
(B) debit Bad Debt Expense, $14,000; credit Allowance for Doubtful Accounts, $14,000
Explanation:
allowance fordoubtful accounts 1,100 debit
expected uncollectible 12,900
adjustment 14,000
We have to adjust to react the 12,900 as ending balancefor the allowance so we have to adjust as much as it takes to be 12,900 balance.
<u>Explanation:</u>
Remember, MTV is a cable TV company initially founded in the United States.
Political challenges:
There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.
Economic challenges:
The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.
Competitive challenges:
Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.
