answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Cloud [144]
2 years ago
14

Isabel deposits $6,000 into an account that earns 1.5% interest compounded monthly. assuming no more deposits and no withdrawals

are made, how much money is in the account after 4 years? compound interest formula: t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) p = initial (principal) investment v(t) = value of investment after t years

Business
2 answers:
Delicious77 [7]2 years ago
5 0
The correct answer is (b)$6,370.78
11111nata11111 [884]2 years ago
5 0

Answer:

Please mark me brainiiest.

Explanation:

You might be interested in
On January 1, 2017, a subsidiary sold equipment to its parent for $520,000. The subsidiary's original cost was $200,000 and as o
Mnenie [13.5K]

Answer:

C. $340,000

Explanation:

Compute the Subsidiary's Unrealized Profit

This will help to determine, this will help us get the amount by which the Equipment Account will be reduced.

First, we calculate the Unrealized profit made on selling of the equipment

The equipment was sold for $520,000

The original cost to the Subsidiary was $200,000.

Furthermore, the Accumulated Depreicaiton of the Asset = $20,000

The Net Book Value of the Equipment = Cost - Accumulated Depreciation

The Net Book Value = $200,000 - $20,000 = $180,000

The Profit on Sale of the Equipment

= Sales Value - The Net Book Value

= $520,000 - $180,000 = $340,000

7 0
2 years ago
Lee sun's has sales of $3,650, total assets of $3,350, and a profit margin of 5 percent. the firm has a total debt ratio of 41 p
Kisachek [45]

<u>Calculation of Return on Equity:</u>


Return on Equity can be calculated using the following formula:


Return on Equity = Net Income / Equity


We can calculate net income using the following formula:

Net Income = Sales * Profit Margin = 3650*5% = $182.50


And we can calculate Equity using the following formula:

Equity = Total Assets * (1-Total Debt ratio) = 3350*(1-41%) = $1976.50


Now Finally,

Return on Equity = Net Income / Equity = 182.50 / 1976.50 = 9.23%



Hence the return on equity is <u>9.23%</u>






8 0
2 years ago
The lower a firm's inventory turnover, the longer it takes the firm to collect payment on its sales. a. faster the firm collects
Doss [256]

Answer:

The answer is C. longer inventory sits on the firm's shelves

Explanation:

The Inventory turnover is the number of times inventory is sold or used during a given period of time.

The formula is:

cost of goods sold/average inventory.

A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)

4 0
2 years ago
Broker John is advertising a desirable property that sold months ago to attract buyers. When the buyers ask to see that property
Katyanochek1 [597]

Answer:

Bait-and-switch advertising.

Explanation:

BAIT AND SWITCH ADVERTISING is a type of advertising where a seller of a products or goods deceive a prospective buyer by advertising a product that is desirable in which when the buyer make an effort to purchase the product or ask to see the advertised product the seller will show the prospective buyer available product instead of the advertised product in which the buyer will then find out that the advertised product is unavailable just as in the case of John who advertised a desirable property that was already sold out a months ago in order to attract prospective buyers in which when the advertised product was ask by the buyers he shows the buyer available properties instead which means that this act by Broker John is an example of BAIT AND SWITCH ADVERTISING.

8 0
2 years ago
Watchful Eyes Industries manufactures a multitude of safety products like burglar alarms, smoke detectors, surveillance cameras,
CaHeK987 [17]

Watchful Eyes would probably benefit from departmentalization by Customer type .

<u>Explanation: </u>

The departmentalization applies to the hierarchical structure and partnership between the company and different departments and management roles. As a company expands, its divisions are expanded and more site-units are formed, introducing more management layers.

LA Gear is also an example of a company utilizing departmentalization of the product. The system is based on its wide range of products like female footwear etc. Departmentalization of the operation – Grouping of product/service processes or customer flow behaviour

Departmental business services–Grouping on the level of specific clients or consumer forms, Jobs may be classified by the group of customers the company represents. I assume that each organization's customers have a specific set of problems and criteria which specialists can better fulfill.

7 0
2 years ago
Other questions:
  • Gay manufacturing is expected to pay a dividend of $1.25 per share at the end of the year (d1 = $1.25). the stock sells for $32.
    12·1 answer
  • Workplace ____________ is when an employee is treated poorly because of a protected characteristic.
    13·2 answers
  • Jones borrowed $960 from the bank, issuing a 12.5%, 4-month promissory note. Assuming that the note is issued and paid in the sa
    12·1 answer
  • When Galaxy Ventures, a real estate company, entered the low-cost housing business, the market was already saturated with other
    12·1 answer
  • Which of the following is not a good example of how accountants might use data analytics to help evaluate estimates used to valu
    15·1 answer
  • To illustrate the law of large numbers (see also Exercise 5.54 on page 172), use the normal approximation to the binomial distri
    6·1 answer
  • Company XYZ has 2 fixed price contracts for 2 different clients. The company has enough capacity for both contracts but is uncer
    11·1 answer
  • Bronn tells Jaime, "I really like your armor." Jaime responds, "I will sell it to you for $800." Bronn states, "Sure, and throw
    6·1 answer
  • Roca, Inc., manufactures and sells two products: Product M6 and Product X7. The company has an activity-based costing system wit
    5·1 answer
  • Hayes Corporation has $522 million of common equity on its balance sheet and 9,000,000 shares of common stock outstanding. The c
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!