"Competition is always going to be fierce in business. The modern business now has many technology tools that can assist with finding patterns to help make better decisions. Companies are investing quite a bit in infrastructure to collect data and the tools necessary to store and analyze that data. Decision support systems (DSS) are changing how business is conducted. What might have once been the domain of educated guesses and gut instincts is now replaced by data analysis models."

Answers

Answer 1

Answer:

Nowadays, many industries use data analysis to obtain good results and in this way determine what action plan should be implemented.

Explanation:

So is; With the data analysis models, the proposed objectives can be achieved more quickly and reliably, which is why descriptive statistics are very important since they allow us to analyze and evaluate information that we do not see with the naked eye.


Related Questions

In the Italian company FormFit Inc., all the important positions in its foreign subsidiaries are held by Italian nationals. According to this information, what staffing policy is pursued by the company

Answers

Answer:

Ethnocentric staffing

Explanation:

The staffing policy persued by the company is ethnocentric staffing because this is when a multinational hires people from the home country for the management positions in the subsidiaries as in this case in which the Italian company FormFit Inc hires Italian nationals for all the important positions in its foreign subsidiaries.

the ____________ represents the title company and facilitates the final transaction

Answers

Answer:

closing agent

Explanation:

The closing agent represents the title company and facilitates the final transaction.

The closing agent represents the title company and is critical in enabling the final completion of a real estate transaction. The closing agent works with the buyer, seller, lenders, and other parties to facilitate a smooth and successful closing.

They serve as a neutral third party responsible for ensuring that all essential paperwork, transaction or finances, and legal obligations are handled properly during the closing process.

Learn more about  closing agents, here:

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Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours are given below. QUANTITY $/UNIT Deluxe car 4,000 units sold $ 8,000 /car Limited car 6,000 units sold $ 9,500 /car Labor, Deluxe 20,000 hours $ 12 /hour Labor, Limited 30,000 hours $ 14 /hour What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor expense. (Round your answers to 2 decimal places.)

Answers

Answer:

Explanation:

From the given information; we have:

                          QUANTITY                         $ / UNIT

Deluxe car        4,000 units sold                  $ 8,000 /car

Limited car       6,000 units sold                   $ 9,500 /car

Labor, Deluxe   20,000 hours                       $ 12 /hour

Labor, Limited    30,000 hours                      $ 14 /hour

The objective is to determine:

                               LABOUR PRODUCTIVITY

                  units per labor hour       dollar of output  per dollar of labor

                                                           expense

Deluxe car

Limited car

Firstly; let's us find the Labor productivity in unit/hour For the two cars;

For Deluxe car;

Labor productivity in unit/hour = Output(units)/Input ( Hours)

Labor productivity in unit/hour =  [tex]\dfrac{4000 \ Units }{20000\ Hour} = 0.20 \ Units/Hour[/tex]

For Limited car;

Labor productivity in unit/hour =  [tex]\dfrac{6000 \ Units }{30000\ Hour} = 0.20 \ Units/Hour[/tex]

Similarly; Labor productivity in dollar of output  per dollar of labor expense is:

output in dollars/input in dollars

For Deluxe Car;

output in dollars = 4000×8000  = 32000000

input in dollars = 20000×12 = 240000

Labor productivity in dollar of output  per dollar of labor expense is=

output in dollars/input in dollars

Labor productivity in dollar of output  per dollar of labor expense:

[tex]=\dfrac{32000000}{240000} \\ \\ = 133.33[/tex]

For Limited Car;

output in dollars = 6000×9500  = 57000000

input in dollars = 30000×14 = 420000

Labor productivity in dollar of output  per dollar of labor expense is=

output in dollars/input in dollars

Labor productivity in dollar of output  per dollar of labor expense:

[tex]=\dfrac{57000000}{420000} \\ \\ = 135.71[/tex]

                      LABOUR PRODUCTIVITY:

                     

                  units per labor hour       dollar of output  per dollar of labor

                                                           expense

Deluxe car    0.20                                133.33

Limited car    0.20                                135.71

On November​ 1, 2018, Arch Services issued $ 331 comma 000of eightminusyearbonds with a stated rate of 14​%at par. Interest payments occur each April 30 and October 31. On December​ 31, 2018, Arch made an adjusting entry to accrue interest at yearminusend.What is the amount of Interest Expense that will be recorded on December​ 31, 2018?​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ dollar.)

Answers

Answer:

Arch Services

Interest Expense as at December 31:

Explanation:

a) Computation of Interest Expense:

Interest per annum = $331,000 x 14% = $46,340

Interest per month = $3,861.66667 ($46,340/12)

Interest for two months = $7,723 ($46,340/12) x 2

b) Interest on bonds is usually paid monthly, quarterly, semi-annually, or yearly.  In this example, the interest is payable every six months, on April 30 and October 31.  However, as the year ends on December 31, there is need to accrue interest expense for the period, in line with the accrual concept and matching principle of generally accepted accounting principles.  These require that expenses are accrued for the period for which they are incurred and matched to the revenue that they produced whether payment was made or not for them.

The payroll register for Gamble Company for the week ended April 29 indicated the following:

Salaries $1,560,000
Social security tax withheld 93,600
Medicare tax withheld 23,400
Federal income tax withheld 312,000

In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.6%, respectively, on $260,000 of salaries.

Required:
a. Journalize the entry to record the payroll for the week of April 29.
b. Journalize the entry to record the payroll tax expense incurred for the week of April 29.

Answers

Answer and Explanation:

The journal entries are shown below:

1. Salaries expense Dr $1,560,000

          To Social security tax payable  $93,600

          To Medicare tax payable $23,400

          To Federal income tax withheld payable $312,000

          To Salaries payable $1,131,000

(Being the payroll is recorded)

For recording this we debited the salary expense as it increased the expenses and credited all payable as it also increased the liabilities

2. Payroll tax expense Dr $132,600

          To Social security tax payable  $93,600

          To Medicare tax payable $23,400

          To State unemployment tax payable ($260,000 × 5.4%) $14,040

          To Federal unemployment tax payable ($260,000 × 0.6%) $1,560

(being the payroll tax expense is recorded)

For recording this we debited the payroll expense as it increased the expenses and credited all payable as it also increased the liabilities

           

Sunland Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 115 units at a cost per unit of $69 Blu-ray players 171 units at a cost per unit of $75 iPods 125 units at a cost per unit of $81 The net realizable value of each of these products at year-end was cameras $75, Blu-ray players $51, and iPods $78. Determine the amount of ending inventory at lower-of-cost-or-net realizable value.

Answers

Answer:

The amount of ending inventory at lower-of-cost-or-net realizable value is $27,096.

Explanation:

According to IAS 2, Inventory is measured at the lower of Cost or Net Realizable Value.

For each individual category of Inventory, determine if the valuation should be the Cost or Net Realizable value, then sum up the to totals.

Camera at net realizable value (115 units × $75)            = $8,625

Blu-ray players at net realizable value (171 units × $51) = $8,721

iPods at net realizable value (125 units × $78)               = $9,750

Total Value of Ending Inventory                                      = $27,096

Conclusion :

The amount of ending inventory at lower-of-cost-or-net realizable value is $27,096.

Marie and Ethan form Roundtree Corporation with the transfer of the following:
Marie performs personal services for the corporation with a fair market value of $80,000 in exchange for 400 shares of stock.
Ethan contributes an installment note receivable (basis $25,000; fair market value $30,000), land (basis $50,000; fair market value $170,000), and inventory (basis $100,000; fair market value $120,000) in exchange for 1,600 shares.
Determine Marie and Ethan's current income, gain or loss. Calculate the basis that each takes in the Roundtree stock.

Answers

Answer: Please see the expl;anation column

Explanation:

Current Income of  Marie =$80,000 due to  services done for the corporation

Basis of Marie =$80,000 basis in her 400 shares of stock

b)Current  income of  Ethan =$0, due to no service done for the corporation.

basis of Ethan =$175,000 basis in his 1,600 shares of stock.  This is accrued from

Note Receivable 25,000

land                         50, 000

Inventory              100,000

Total basis of Ethan     $175,000

c) No gain or loss recognized  this is because according to Section 351

When there is a  transfer of property to corporation in exchange for stock and transferors take  control of the corporation then No gain or loss will be recognized.

Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry.

Answers

Answer:

Imitative new entry

Explanation:

This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.

It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.

Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry

The officers of an oil refiner, trader, and hedger based in New York were arrested by the FBI for committing massive financial statement fraud. The executives used many schemes to perpetuate the fraud, one of which was to hide a $30 million accounts payable from the auditors and show it as a payable arising in the following year. To conceal the fraud, they altered purchasing records, using correction fluid, and provided only photocopies of the records to the auditors. The Big 4 firm that audited this company was later sued for audit negligence in not finding this fraud.

Required:
In your opinion, were the auditors negligent for accepting photocopies of purchasing records and not detecting this accounts payable understatement?

Answers

Answer:

Yes. The auditors were negligent for accepting photocopies of purchasing records as these are not sufficient audit evidence to base a opinion on.

Explanation:

As part of their professional skepticism, auditors must obtain sufficient audit evidence.

Audit Evidence must be reliable and relevant to be considered sufficient for the auditor to base their opinion.

Photocopies were not reliable as they do not contain the original signatures responsible personnel and may be altered.

No Edges Left Behind Enterprises has book income of $1,200,000 which consist of income tax expense of $380,000, municipal bond interest income of $10,000 and business meals expense of $150,000. Using only these items, what is the cmpany's taxable income

Answers

Answer:

$1,645,000

Explanation:

The computation of the taxable income is shown below:

Taxable income is

= Book income + income tax expenses - muncipal bond interest + (50% ×  meal expenses)

= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)

= $1,645,000

We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income

A broker moves his office without telling the FREC where he is moving. Two weeks later, a seller comes in and lists his property. The property sells, but the seller is most unhappy with the way the broker performed. The seller refuses to pay a commission to the broker. Can the seller do this?

Answers

Answer:

Yes

Explanation:

In this specific scenario, it can be said that Yes the seller can refuse to pay the broker a commission. This is because the broker's license ceases to be in force when the broker changes his address without notifying the FREC within 10 days. Therefore, since the broker moved and did not notify the FREC where he moved to, and did not register his new address then the seller is within his rights to refuse payment to the broker.

Prepare journal entries for each of the following. For a compound transaction, if an amount box does not require an entry, leave it blank. a. Issued a check to establish a petty cash fund of $500. b. The amount of cash in the petty cash fund is $160. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $199 and miscellaneous selling expense, $126. Record any missing funds in the cash short and over account. For a compound transaction, if an amount box does not require an entry, leave it blank.

Answers

Answer:

A.Dr Petty cash $500

Cr To Cash Account $500

B. Dr Store supplies $199

Dr Miscellaneous expenses $126

Dr Cash over and short $15

Cr To Cash Account $340

Explanation:

Petty cash can be defined to a small or little amount of currency and coins which a company tend to use to pay small amounts without writing a cheque.

a)The Journal entry to create a petty cash fund with $500 will be recorded as:

Dr Petty cash $500

Cr To Cash Account$500

b) Preparation of the Journal entry to record any missing funds in the cash short and over account.

The total expenses as per receipts will be:

199+126=325

The balance of petty cash will have:

500-325=$175

The balance available in the petty cash fund is given as $160, which is short by $15 (175-160).

Therefore we need to replenish the fund with $ 340 which is Available fund of $160 -Original fund $500

Hence, the difference in the fund due to error will be treated just like an expense in which debit will be given to an account called ''cash over and short"

Thus, the debit is given to the expenses and credit to cash account.

The entry to record replenishing the fund would not credit the Petty Cash account.

The entry will be

Dr Store supplies $199

Dr Miscellaneous expenses $126

Dr Cash over and short $15

Cr To Cash Account $340

Describe the purposes of the General Journal, General Ledger, Trial Balance, and Financial Statements, and how they "flow into" each other.

Answers

General journal is like a day planner it is an original journal of all accounting transactions listed by date. The General Journal is a snapshot of the company’s accounting transactions.
General Ledger tracks 5 accounting items: assets, liabilities, owner”s equity, revenues and expenses
Trial Balance is a list of all general ledger accounts contained in a ledger of the business. This list includes names and balances of each account, using double entry (debits, credits) each account will have a debit or credit balance.
Financial statements: balance sheets, income statements, cash flow statements, and shareholders equity.

All of these together gives you a snapshot of the business” financial position.

"Hindi Co. started 3,000 units during the period. Its beginning inventory is 500 units one-fourth complete as to conversion costs and 100% complete as to materials costs. Its ending inventory is 300 units one-fifth complete as to conversion costs and 100% complete as to materials costs. How many units were transferred out this period

Answers

Answer: 3,200 units

Explanation:

The Units transferred out during the year will be those that were inherited from the previous period as well as those started during the year less the closing inventory still in progress.

The formula to calculate the units is therefore;

= Opening inventory + Started during the year - Closing Inventory

= 500 + 3,000 - 300

= 3,200 units

You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7.8%. The bond is callable in 6 years with a $1,099 call premium. What price did you pay for your bond

Answers

Answer:

$ 1,035.18  

Explanation:

The price of the bond can be determined using the pv excel function as below:

=-pv(rate,nper,pmt,fv)

rate is the yield of 7.8%

nper is the number of coupons before the bonds are called which is 6

pmt is the annual coupon i.e face value*coupon rate=$1000*7.2%=$72

fv is the call price in six years' time which is $1099

=-pv(7.8%,6,72,1099)=$ 1,035.18  

Beth Corbin's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period, Beth works 50 hours. Beth's federal income tax withholding is $98, she has no voluntary deductions, and the FICA tax rate is 7.65%. Use January 15 for the end of the pay period and the payment date.

Prepare the journal entries to record:

a. Beth's pay for the period.
b. The payment of Beth's wages.

Answers

Answer:

a.

Jan 15

DR Salaries and Wages   $770  

CR Federal Income tax payable     $98      

CR FICA taxes payable     $58.91  

CR Salaries and wages payable     $613.09

Working.

Beth's gross pay = (14 * 40 hours) + (21 * 10 extra hours above the 40)

= 560 + 210

= $770

FICA Taxes = 770 * 7.65%

= $58.91

b.

Jan 15

DR Salaries and Wages payable    $613.09  

CR Cash   $613.09

2.36 Is it worth it?: Andy is always looking for ways to make money fast. Lately, he has been trying to make money by gambling.

Answers

Answer:

How may I help you?

Explanation:

What is the question?

Business Communication
Why should you respond when you receive a congratulatory note or some other written pat on the back and how?

Answers

Answer and Explanation:

It is good to respond to These congratulatory notes or Pat's at the back because are attempts made by others to connect with you personally; people reach out to you through these efforts and professional or personal bonds can be formed because of these.

How should you respond?

You can respond by showing gratitude or by being appreciative of the gestures. You can say you are grateful for the kindness you received regarding your award.

In the Solow model, in the absence of any shock, the capital stock remains at some level forever. This rest point is called the Group of answer choices Steady state Saving rate Short-run equilibrium Rate of capital accumulation

Answers

Answer:

Steady state

Explanation:

This rest point is called the steady state. At this state investment is equal to depreciation. In solow growth model, an economy in steady state is of a stable size or fluctuates just a little.

Output, population, capital stock, saving, investment, and technical progress, all grow at a constant rate or are constant. An economy gets to a steady state after a period of growth or after a downsizing period.

Fields Cutlery, a manufacturer of gourmet knife sets, produced 20,000 sets and sold 23,000 units during the current year. Beginning inventory under absorption costing consisted of 3,000 units valued at $66,000 (Direct materials $12 per unit; Direct labor, $3 per unit; Variable Overhead, $2 per unit, and Fixed overhead, $5 per unit.) All manufacturing costs have remained constant over the 2-year period. At year-end, the company reported the following income statement using absorption costing: Sales (23,000 × $45) $ 1,035,000 Cost of goods sold (23,000 × $22) 506,000 Gross margin $ 529,000 Selling and administrative expenses 115,000 Net income $ 414,000 60% of total selling and administrative expenses are variable. Compute net income under variable costing:

Sales (23,000 × $45) $1,035,000
Cost of goods sold (23,000 × $22) 506,000
Gross margin $529,000
Selling and administrative expenses 115,000000
Net income $414,000


60% of total selling and administrative expenses are variable. Compute net income under variable costing.

a. $414,000
b. $399,000
c. $529,000
d. $429,000
e. $644,000

Answers

Answer:

d. $429,000

Explanation:

This can be obtained by preparing an income statement under variable costing. The income statement under variable costing deduct variable costs from the sales revenue to obtain contribution margin firs before deducting fixed costs in order to obtain net income. The income statement under variable costing can therefore be prepared as follows:

                                 Fields Cutlery

                  Income Statement (Variable Costing)

                                For the Year End

Particulars                                                                      $        

Sales (23,000 × $45)                                            1,035,000

Variable cost:

Direct materials ($12 * 23,000)                             (276,000)

Direct labor ($3 * 23,000)                                       (69,000)

Variable Overhead ($2 * 23,000)                           (46,000)

Selling $ admin exp (60% * $115,000)                  (69,000)  

Contribution margin                                                575,000

Fixed cost:

Fixed overhead ($5 * 20,000)                               (100,000)

Selling $ admin exp (40% * $115,000)                   (46,000)  

Net income                                                              429,000

Note:

1. The variable cost is computed using the 23,000 units sold because the variable cost of the opening 3,000 units from the previous year has to be added to the variable cost of the 20,000 units produced this year. This is to obtain the total variable costs for the 23,000 units sold since variable cost varies with units.

2. The Fixed overhead is computed using the 20,000 units produced this year. This is because the total fixed cost does not change as units of production changes. The Fixed overhead of $5 per unit was actually arrived at by dividing $100,000 by 20,000 units. This Fixed overhead was also $100,000 previous year as it remains constant every year.

An investment, which is worth 26,800 dollars and has an expected return of 4.28 percent, is expected to pay fixed annual cash flows forever with the next annual cash flow expected in 1 year. What is the present value of the annual cash flow that is expected in 4 years from today

Answers

Answer:

Present Value =  $22,663.69

Explanation:

The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

PV - Present value - ?

FV - Future value - 26,800

r- Interest rate per period - 4.28%

n- number of periods- 4

PV = 26,800 × (1.0428)^(-4)=22,663.69

PV =  $22,663.69

Consumers have become more selective and better informed about their purchases. This macro-environmental force strongly impacts this industry.

a. True
b. False

Answers

Answer:

a. True

Explanation:

The macro-enviromental forces that impact an industry are: demographic, economic, political, ecological, socio-cultural, and technological.

In this case, we can see the socio-cultural macro-enviromental force at play, and perhaps also the demographic macro-enviromental force.

If consumers have become more selective and better informed about their purchases, it is most likely because they have change their culture or social status. Such a change in consumer behaviour can have great impact on an industry: it can boost some goods, while make other decline or disappear.

Such a change can also respond to demographic shift: for example, as consumers age, they tend to become more selective, so a good that used to be favored by a young population, might not be so anymore when that young population grows older.

Assume that the following balance sheet portrays the state of the banking system. the banks currently have no excess reserves.
Assets Liabilities and Net worth
(Billions of Dollars)
Total reserves 4 Chekable 20
Loans 11
Securities 5
Total 20 Total 20
What is the required reserve ratio?
a. 25%
b. 5%
c. 10%
d. 20%

Answers

Answer:

20%

Explanation:

The total reserves of banks is $4 billion

Since the banks have no excess reserves then, the total amount of required reserves is $4 billion

The checkabke deposits is $20 billion

Therefore, the required reserve ratio can be calculated as follows

Required reserve ratio= $4 billion/$20 billion

= 0.20×100

= 20%

Hence the required reserve ratio is 20%

You have just returned from a marketing convention in Boston and need to write a report detailing the event.
What should you include in the report?
A) A summary of 10 to 20 points that will benefit the reader
B) A set of minor topic headings
C) A closing that expresses appreciation
D) An exact date, name, and location
E) A summary of three to five main points that will benefit the reader

Answers

Answer:

C) D) and E)

Explanation:

In order to write a complete and accurate report that will grab an individual's attention there are a few things that need to be included. For starters an exact date, name, and location for authenticity and to make sure that the report includes the correct information. Secondly, would be a summary of three to five main points that will benefit the reader. The readers want to read the information that interests them, so getting to the point quickly is a must in order to have a successful report. Lastly would be closing that expresses appreciation for the fact that you were able to attend the event as opposed to someone else.

you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for the next 3 years. How much do you have to deposit today?

Answers

Answer:

$22,569.48 is amount i must have to deposit today

Explanation:

FV = Future Value , PV = Present Value , r = rate of interest , n= no of period

PV = FV / (1 + r )n

PV = 32000 / (1 + 3%)^4*(1+3.6%)^3

PV= $32,000/ (1 + 0.03)^4*(1+0.036%)^3

PV= $32,000/ (1.03)^4*(1.036%)^3

PV= $32,000/ (1.03)^4*(1.036)^3

PV= $32,000/ 1.12550881 * 1.111934656

PV= $32,000/ 1.251492251

PV = $22,569.47514

PV = $22,569.48

$22,569.48 is amount i must have to deposit today

Hodgkiss Mfg., Inc., is currently operating at only 80 percent of fixed asset capacity. Fixed assets are $462,000. Current sales are $550,000 and projected to grow to $790,625. How much in new fixed assets are required to support this growth in sales

Answers

Answer:

New Fixed assets required = $69300

Explanation:

To calculate the amount of new fixed assets required to support project sales, we first need to determine the amount of fixed assets required to support $1 of sale.

The sales value at full capacity is,

Full capacity sales = 550000 / 0.8  

Full capacity sales = $687500

To calculate the $ amount of fixed asset required to support $1 in sales, we need to calculate the ratio of fixed assets to sales. The ratio is,

Fixed assets to sales = 462000 / 687500

Fixed assets to sales = 0.672

Thus, to support a sales level of $790625, the total amount of fixed assets needed will be,

Total fixed assets needed = 790625 * 0.672   =  $531300

New Fixed assets required = 531300 - 462000  = $69300

The Cash account of First on AlertSecurity Systems reported a balance of $ 2 comma 430at December31​,2018.There were outstanding checks totaling $ 1 comma 000and a December31 deposit in transit of $ 200.The bank​ statement, which came from ParkCities​ Bank, listed the December31balance of $ 3 comma 910.Included in the bank balance was a collection of $ 690on account from Jane Lindsey​,a First on Alertcustomer who pays the bank directly. The bank statement also shows a $ 20service charge and $ 10of interest revenue that First on Alertearned on its bank balance. Prepare First on Alert​'sbank reconciliation at December31.

Answers

Answer:

First on Alert​'s bank reconciliation at December 31, 2018

Cash Account First on Alert Security Systems  

Balance , December 31,2018  $2,430

Add: Collection from Jane Lindsey $690  

Add: Interest revenue  $10

Less:-Service charges  $20.00

Adjusted Cash Account balance December 31, 2018  $3,110.00

Bank Account at Park Cities

 

Balance , December 31,2018  $3,910

Add: Deposit in transit  $200

Less: Outstanding cheque $1,000

Adjusted bank balance December 31, 2018  $3,110.00

Calculating credit card interest. Ryan Gray, a student at State College, has a balance of $380 on his retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be added to his account?

Answers

Answer:

$6.65

Explanation:

Annual Interest = 21%

Monthly Interest = 21%/12 = 1.75%

So the monthly interest that will be added to Ryan's account would be

Monthly Interest = $380 x 1.75%

Monthly Interest =  $6.65

You deposit $12,000 today into an account that pays you 12% annual interest, compounded daily. How much do you have in 40 years

Answers

Answer:

$1,456,975.19

Explanation:

FV = P (1 + r / m)^nm

FV = Future value

P = Present value

R = interest rate

N = number of years

M = number of compounding per year

$12,000 ( 1 + 0.12/365)^14600 = $1,456,975.19

I hope my answer helps you

Which of the following is a creative form of signage?
A. Billboards
B. Scented magazine advertisements
C. Distributing flyers by hand
D. Plane banners

Answers

Answer:

D. Plane banners

Explanation:

A signage is the design or use of signs and symbols to communicate a message.

A billboard can be a signage but a more creative form would be a plane banner.

The following is a creative form of signage Plane banners. Hence, option (D) is correct.

What are plane banners?

The term banners are a highly-visible commercial enterprise. A tool that allows a large book or number of people and potential customers to view an ad at one time, salvaging both time and resources, while still representing the attention of thousands or even millions.

As the signage is referred to, given to the public, the commercial signs in it as we see there are many as there are different advertisements are being also there in it the signs and symbols to communicate a message. Signage also means signs, collectively or being considered as a group.

Therefore, option(D) is correct.

Learn more about plane banners here:

https://brainly.com/question/255257

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