Finance. Suppose that $3,200 is invested at 3.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 10 months? (B) 20 years? (A) Amount after 10 months: S (Round to the nearest cent.)
Answers
The amount of money in the account after 20 years is $7,187.10.
To find the amount of money in the account after 10 months, we need to use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the amount of money in the account after t years
P = the principal amount (the initial investment)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time period (in years)
In this case, P = $3,200, r = 0.036 (since 3.6% is the annual interest rate), n = 12 (since the interest is compounded monthly), and t = 10/12 (since we're calculating the amount after 10 months).
So, plugging in the values:
A = 3200(1 + 0.036/12)^(12*(10/12))
A = 3200(1 + 0.003)^10
A = 3200(1.033)^10
A = $3,407.39
Therefore, the amount of money in the account after 10 months is $3,407.39.
(B) Amount after 20 years: S (Round to the nearest cent.)
To find the amount of money in the account after 20 years, we'll use the same formula as above:
A = P(1 + r/n)^(nt)
This time, P = $3,200, r = 0.036, n = 12, and t = 20 (since we're calculating the amount after 20 years).
Plugging in the values:
A = 3200(1 + 0.036/12)^(12*20)
A = 3200(1 + 0.003)^240
A = 3200(2.246)
A = $7,187.10
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Related Questions
How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT
Answers
Answer:
A.
Explanation:
In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.
They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.
What is wage employment?In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.
Thus, option A, They fight for higher pay for workers is correct.
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Which type of evidence should you avoid using in an argument that supports your persuasive message?
Answers
Engineered statistics should you avoid using in an argument that supports your persuasive message. Engineering statistics blends engineering and statistics through examining data using scientific approaches.
Persuasive Message
A persuasive message that intrigues, instructs, convinces, or summons to action is referred to as a persuasive message. Persuasive communications are frequently considered in terms of logic vs. emotion. Every communication contains ethos (credibility), pathos (passion and excitement), and logos (logic and reason). People make decisions based on emotion as well as logic, and even if they have thoroughly examined the relevant data, the decision may still be influenced by impulse, emotion, and want. On the other side, if your persuasive message is solely based on emotion and contains little or no substance, it may be dismissed.
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an owner of real estate sold the same parcel of land to two different buyers at the same time. when both buyers meet at the property they discover that they both have recorded deeds for the property. which type of lawsuit will they file to determine who has title?
Answers
The type of lawsuit that the two buyers who discover that they both have recorded deeds for the same parcel of land will file to determine who has title is an action to quiet title.
An action to quiet title is a lawsuit that is filed to establish who has ownership of real property. It is a legal remedy used to settle disputes related to the ownership of real estate, such as title defects, boundary disputes, or ownership challenges.
This type of lawsuit seeks to remove any claims or disputes regarding the ownership of a property and establish clear title to the property.
The two buyers who discover that they both have recorded deeds for the same parcel of land will have to file an action to quiet title lawsuit to determine who has title. In this type of lawsuit, a judge will review the evidence provided by each party and make a ruling on who has the rightful claim to the property.
The ruling will provide a clear determination of ownership and will settle the dispute between the two buyers.
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which of the following is not a way in which auditors use the concept of overall materiality? a) as a guide to planning the audit plan. b) as a guide to the evaluation of evidence. c) as a guide for making decisions about the audit report. d) as a guide for assessing control risk.
Answers
The following is not a way in which auditors use the concept of overall materiality as a guide for assessing control risk.
The number one reason for putting normal materiality while making plans the audit is that it's far used to become aware of overall performance materiality (that's needed, for example, to assist auditor's layout their audit tactics) and a truly trivial threshold for collecting
The auditor has to bear in mind audit chance and materiality each in making plans the audit and designing auditing tactics and comparing whether or not the monetary statements taken as an entire are supplied fairly, in all cloth respects, in conformity with typically common place accounting.
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this message is to inform you that we received your letter of may 9 asking for information about our banquet facilities for your december 1 sales meeting is an effective opening sentence for a message responding to a request? a. true b. false
Answers
False, because wrong because the words are found to be less formal.
A sales report or sales report is a document that describes how many sales the company makes on a daily, weekly, or monthly basis. They can help track key performance indicators (KPIs), which measure a company's sales progress. This data enables all sales staff from representatives to executives to identify trends, make more informed decisions, and work towards achieving departmental goals.
The sales representative, sales manager, or department manager who compiles this sales report can use accounting software to organize this data and present it in a visually appealing way. They may include charts to show sales over time and other charts to differentiate separate statistics.
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ezra works for bloomington inc., which buys plumbing products directly from the manufacturer and resells them to retailers, which then sell the products to consumers. ezra works for a?
Answers
Ezra works for a wholesaler
What is a wholesaler?
In the supply chain, a wholesaler serves as an intermediary or middleman. The most typical illustration of a wholesaler is a business that buys finished goods from producers and then distributes them to retailers, who subsequently market the goods in lesser quantities to consumers.
The primary objective of a wholesaler is to sell products to businesses or retailers who will then resell them. A retailer, on the other hand, solely sells products to the final customer as their target market. These two commercial connections serve as key marketing channel intermediaries.
Therefore, Ezra works as a wholesaler in the inc.
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What is the experimental probability that a student chosen at random received toys and DVDS express your answer as a percent
Answers
To determine the experimental probability that a student chosen at random received toys and DVDs, we need more specific information about the total number of students and the number of students who received toys and DVDs.
Experimental probability is calculated by dividing the number of favorable outcomes (students who received toys and DVDs) by the total number of outcomes (total number of students). The result is typically expressed as a fraction, decimal, or percentage.
Without the specific data on the number of students who received toys and DVDs, it is not possible to provide the experimental probability. Please provide the relevant information, and I will be happy to assist you further.
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Choose a business and complete the following tasks:
How does your chosen business conduct market research? Explain your answer with supporting examples and link each one to a core purpose.
Answers
The first step to effective market research is to determine the goals of the study. Each study should seek to answer a clear, well-defined problem.
What is meant by "market"?A market is defined as the total number of purchasers and sellers in the region or area under examination. The region can represent the entire planet, as well as certain states, provinces, or cities. Items traded are valued, costed, and priced in accordance with market forces of supply and demand.
Why has trading been halted?There are a variety of causes for suspended trading, including: absence of up-to-date, accurate, or sufficient information about a corporation, as in the case of late filing of periodic reports. There are concerns over the veracity of publicly available material, especially the information in recently released news releases.
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Fredo, Inc. , purchased 10% of Sonny Enterprises for $1,000,000 on January 1, 2021. Sonny recognized a total of $360,000 net income during 2021, paid $26,000 of dividends to Fredo during 2021, and at December 31, 2021, the market value of the Sonny investment increased to $1,036,000. Required: Prepare the journal entries necessary to account for the Sonny investment, assuming that Fredo (1) does not have significant influence or (2) does have significant influence over the operating and financial policies of the investee
Answers
The journal entries necessary to account for the Sonny investment are given below:
(1). Assuming Fredo does not have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021:
Investment in Sonny Enterprises dr. $36,000
To Equity income from Sonny Enterprises $36,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
(2). Assuming Fredo does have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021, assuming significant influence:
Investment in Sonny Enterprises dr. $72,000
To Equity income from Sonny Enterprises $72,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
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What would the audience’s aims for a eulogy be?
- to hear about an important issue
- to feel inspired
✅to hear about the life of their friend or family member
- to feel concern about the state of the environment
Answers
Answer:
to hear about the life of their friend or family member
Is profit the same as cash flow?
Answers
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
Based on styles of leading, which of the following is an important factor in determining leadership effectiveness
Answers
In determining leadership effectiveness, an important factor is the style of leading employed by the leader.
There are various styles of leading, each with its own strengths and weaknesses. One important factor to consider is the ability of the leader to adapt their leadership style to different situations and individuals. This is known as situational leadership. Effective leaders are able to assess the needs and abilities of their team members and adjust their leadership approach accordingly. They can be autocratic when quick decisions are required, democratic when seeking input and consensus, or laissez-faire when the team is experienced and self-motivated.
Another factor is the ability to effectively communicate and provide clear direction. Leaders need to articulate their vision, goals, and expectations in a way that is easily understood by their team. They should also be open to feedback and encourage open communication within the team.
Furthermore, building trust and maintaining positive relationships is crucial. Leaders who establish trust, demonstrate integrity, and show genuine concern for their team members tend to be more effective. They should also be able to motivate and inspire their team, fostering a positive and supportive work environment.
In summary, leadership effectiveness is influenced by the leader's ability to adapt their style, communicate effectively, build trust, and motivate their team.
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What causes increase and decrease in GDP?
Answers
When a nation has a favorable trade balance or surplus, GDP rises. However, a country's GDP falls when it has a trade imbalance, where it spends more on importing goods and products than it does on exporting them.
What factors lead to an increase in GDP?In general, there are two fundamental drivers of economic growth: an increase in the size of the labor force and an increase in that workforce's productivity (output per hour worked). Both can expand the economy's overall size, but only substantial productivity growth can raise per capita GDP and income.
Personal consumption, business investment, government spending, and net exports are the four pillars of the gross domestic product. Policies that promote savings and, consequently, capital investment result in higher economic growth.
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The requirement for independent verification of a customer's identity when opening an account can be satisfied by examining a copy of the customer's: A birth certificate B driver's license C employer ID D latest federal tax return
Answers
Answer:
umm c I guess maybe hahhaha
Can you be wise and intelligent at the same time .
Answers
Answer:
yes :)
Explanation:
wisdom comes from experience intelligence doesn't
Answer:
yes of course .................
Given the following information, what are the NZD/SGD currency against currency bid-ask quotations? (You are required to compute two sets of cross-rate bid and ask quotes. 1. "New Zeland dollar" means the cross rate of NZD/SGD. 2. "Singapore dollar" means SGD/NZD. Do not round intermediate calculations. Round your answers to 4 decimal places. ) American Terms Bid Ask Bank Quotations New Zealand dollar Singapore dollar European Teres Bid Ask 1. 3772 1. 3786 1. 6311 1. 6324 7277 -7284. 6144 6149 New Zealand dollar Singapore dollar Bid Ask
Answers
The bid-ask quotations for the NZD/SGD currency pair are as follows: New Zealand dollar (NZD) against Singapore dollar (SGD): Bid: 1.3772, Ask: 1.3786
Singapore dollar (SGD) against New Zealand dollar (NZD):
Bid: 0.7277
Ask: 0.7284
To calculate the bid-ask quotations for the NZD/SGD currency pair, we need to consider the cross rates between the New Zealand dollar (NZD), Singapore dollar (SGD), and the American Terms and European Terms bid-ask quotations.
For the NZD/SGD bid-ask quotations:
The bid quotation is obtained by dividing the European Terms bid (1.6311) by the American Terms ask (1.3786), which gives us 1.3772.
The ask quotation is obtained by dividing the European Terms ask (1.6324) by the American Terms bid (1.3772), which gives us 1.3786.
For the SGD/NZD bid-ask quotations:
The bid quotation is obtained by dividing 1 by the NZD/SGD ask quotation (1.3786), which gives us 0.7277.
The ask quotation is obtained by dividing 1 by the NZD/SGD bid quotation (1.3772), which gives us 0.7284.
Therefore, the bid-ask quotations for the NZD/SGD currency pair are as follows:
New Zealand dollar against Singapore dollar:
Bid: 1.3772
Ask: 1.3786
Singapore dollar against New Zealand dollar:
Bid: 0.7277
Ask: 0.7284
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Your merchant fee is 2.5%. Your
customers paid you $500,000
through credit cards. What fee
must you pay the credit card
company?
$ [?]
Answers
500k times .025 is 12500
The fee must you pay the credit card company is $12,500.
What is a credit card?A credit card is said to be a type of plastic money that allows an individual to purchase goods on credit and pay back the amount later on some specified rate of interest being charged on it.
In order to avoid excessive spending, one should keep in mind that if a credit card debt is left unpaid at the end of the credit limit, interest will be imposed on the remaining balance.
When a consumer uses their credit or debit cards to purchase goods or services from a business, the merchant's bank balance must pay transaction fees called merchant fees.
The calculation for merchant fees is
The merchant fee will be 2.5% of $500,000
=2.5/100 x $500,000
=0.025 x $500,000
=$12,500
Therefore, the amount paid as a fee will be $12,500.
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Question 6 of 25
For which of the following housing situations is there a tenant and a landlord?
O A. Buying a home
B. Staying at a hotel
O
C. Renting a house
O
D. Selling a condominium
Could someone answer this pls?
Answers
Answer:
C
Explanation:
This is because, in renting a house, the owner becomes your landlord and you become the tenant
Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,
Answers
The equilibrium price is $2 per pound, the equilibrium quantity is 1,900 pounds, and the total revenue at the equilibrium is $3,800.
To find the equilibrium price and quantity, we need to identify the point where the quantity demanded equals the quantity supplied. In other words, it's where the demand and supply curves intersect.
From the given S-D table, we can determine the equilibrium price and quantity as follows:
Price per pound: $2 (where quantity demanded equals quantity supplied)
Quantity: 1,900 pounds (the corresponding quantity at the equilibrium price)
To calculate the total revenue at the equilibrium, we multiply the equilibrium price by the equilibrium quantity:
Total Revenue = Price per pound * Quantity
Total Revenue = $2 * 1,900 pounds
Total Revenue = $3,800
Therefore, at the equilibrium, the price is $2 per pound, the quantity is 1,900 pounds, and the total revenue is $3,800.
The complete question must be:
Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,300 1,600 1,900 2,200 2,500 2,800 a) Find the equilibrium price and quantity and calculate total revenue at the equilibrium.
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how long does it take to be an immigration lawyer and what’s the average salary?
Answers
time: and 10-15 years (also depends where)
Which of the following individuals and groups produce medical care? Choose one or more: A. a regional insurance company B. nurses and doctors C. X-ray technicians D. a state employee with government insurance E. a nursing home F. ambulance manufacturers
Answers
Nurses and doctors, C. X-ray technicians, E. a nursing home individuals and groups produce medical care. Therefore, option B is correct.
The individuals and groups that produce medical care include:
B. Nurses and doctors: Nurses and doctors play a crucial role in providing medical care. They diagnose illnesses, provide treatments, prescribe medications, perform surgeries, and offer healthcare services to patients.
C. X-ray technicians: X-ray technicians are responsible for conducting medical imaging procedures, such as X-rays, CT scans, and MRIs. They operate the necessary equipment and assist in capturing images for diagnosis and treatment purposes.
E. A nursing home: Nursing homes provide long-term care for individuals who require assistance with daily activities and medical supervision. They have healthcare professionals, including nurses, who provide medical care, administer medications, and monitor the well-being of residents.
The other options mentioned do not directly produce medical care:
A. A regional insurance company: Insurance companies provide coverage and manage financial aspects related to medical care but do not directly produce healthcare services.
D. A state employee with government insurance: Government insurance provides coverage for healthcare services but does not produce medical care itself.
F. Ambulance manufacturers: Ambulance manufacturers produce vehicles used in emergency medical services, but they do not directly provide medical care.
Nurses, doctors, X-ray technicians, and nursing homes are among the individuals and groups that directly produce medical care. They play essential roles in diagnosing, treating, and providing healthcare services to patients. While insurance companies, government insurance, and ambulance manufacturers are involved in the healthcare ecosystem, they are not directly responsible for producing medical care.
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Create a rule that sets the size of the left margin of the first item in the topics list to 7. 75% and sets the right margin of the last item to 7. 75
Answers
Here is the rule that sets the size of the left margin of the first item in the topics list to 7. 75% and sets the right margin of the last item to 7. 75:
.topics li:first-child {
margin-left: 7.75%;
}
.topics li:last-child {
margin-right: 7.75%;
}
This CSS rule will select the first child of the li elements that are a descendant of an element with the class "topics", and set the left margin to 7.75%. It will also select the last child of the li elements that are a descendant of an element with the class "topics", and set the right margin to 7.75%.
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A tenant rented a townhome, signing an 18-month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold does the tenant have?
Answers
If the tenant rented a townhome, signing an 18-month lease and after the lease expired, the tenant paid 1 month's rent and got a receipt, then the kind of leasehold that the tenant has is a periodic leasehold.
A periodic leasehold is a type of tenancy agreement that is renewed at regular intervals (e.g. weekly or monthly). The most common type of periodic leasehold is a month-to-month lease, which renews automatically at the end of each month unless one of the parties terminates it.
A lease that does not have a specific end date is referred to as a periodic leasehold. This is different from a fixed-term lease, which has a specific beginning and end date.
A periodic leasehold will usually continue indefinitely until either the landlord or the tenant terminates it.
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Y3K, Inc., has sales of $6,279, total assets of $2,895, and a debt-equity ratio of 1.90. If its return on equity is 13 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
Y3K, Inc. has a net income of $129.87.
To calculate the net income of Y3K, Inc., we can use the formula:
Net Income = Return on Equity * Total Equity
First, we need to calculate the total equity of the company. We can use the debt-equity ratio to find the total debt and then subtract it from the total assets.
Debt = Debt-Equity Ratio * Total Equity
Debt = 1.90 * Total Equity
Total Assets = Total Equity + Total Debt
$2,895 = Total Equity + 1.90 * Total Equity
$2,895 = Total Equity * (1 + 1.90)
$2,895 = Total Equity * 2.90
Total Equity = $2,895 / 2.90
Total Equity = $998.97
Now that we have the total equity, we can calculate the net income using the return on equity.
Net Income = 13% * $998.97
Net Income = 0.13 * $998.97
Net Income = $129.87
Therefore, Y3K, Inc. has a net income of $129.87.
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lolLloleoreniiwkv ibyuerw
Answers
For a customer of Lush, how will their MVV translate to your experience?
For an employee of Lush, for example a shop worker – how might the companies MVV affect your working life, your daily experience and your perspective of the business?
Answers
1) Identify a shortage of any good or service on your economy mention 5? Explain why the shortage occurred?
2) Compare and contrast the aims and objectives of a government funded swimming pool and a private health and leisure club?
3) List 4 advantages and 4 disadvantages of-
a) free market economy
b) command economy
c)mixed economy
Answers
a) Personal Protective Equipment (PPE): During a pandemic or public health crisis, there may be a shortage of PPE such as masks, gloves, and gowns. This shortage can occur due to increased demand from healthcare professionals and the general public, coupled with disruptions in the global supply chain and inadequate production capacity.
b) Housing: A shortage of affordable housing can occur when the demand for housing exceeds the available supply. Factors contributing to this shortage can include population growth, limited land availability, zoning restrictions, and insufficient construction of new housing units.
c) Electric Vehicles (EVs): As the demand for environmentally-friendly transportation options increases, there can be a shortage of electric vehicles. This can happen due to limited production capacity by automobile manufacturers, supply chain disruptions for components such as batteries, and high demand outpacing supply.
d) Skilled Labor: In certain industries or professions, there may be a shortage of skilled labor. This can occur when the demand for specific skills outweighs the number of qualified individuals available. Factors contributing to this shortage can include demographic shifts, inadequate training programs, and mismatches between the skills demanded by employers and the skills possessed by job seekers.
e) Water Supply: In regions with limited water resources or facing drought conditions, there can be a shortage of water supply. This shortage can occur due to factors such as population growth, inefficient water management practices, climate change impacting rainfall patterns, and inadequate infrastructure for water storage and distribution.
Aims and Objectives of a Government-funded Swimming Pool and a Private Health and Leisure Club:
Government-funded Swimming Pool:
Aim: To provide a public facility for recreational swimming, water-based activities, and community engagement.
Objectives:
Promote physical fitness and overall health of the community.
Offer affordable access to swimming facilities for all members of society.
Provide swimming lessons and programs to enhance water safety and swimming skills.
Foster community integration and social interactions through shared recreational space.
Private Health and Leisure Club:
Aim: To offer exclusive and personalized health and leisure services to members.
Objectives:
Provide high-quality facilities and amenities for fitness, wellness, and relaxation.
Cater to the individual needs and preferences of members through personalized services.
Create a premium and exclusive environment for members to socialize and network.
Generate profits and financial sustainability through membership fees and additional services.
Advantages and Disadvantages of Different Economic Systems:
a) Free Market Economy:
Advantages:
Efficient allocation of resources based on supply and demand.
Promotes competition, innovation, and entrepreneurship.
Encourages individual freedom and choice in economic decision-making.
Flexibility to adapt to changing market conditions.
Disadvantages:
Income inequality and wealth concentration.
Lack of adequate social safety nets for vulnerable individuals.
Potential for market failures, such as monopolies or externalities.
Unequal access to essential goods and services.
b) Command Economy:
Advantages:
Centralized planning and allocation of resources.
Potential for rapid economic development and industrialization.
Greater control over income distribution and social welfare.
Priority given to public goods and services.
Disadvantages:
Lack of incentives for innovation, entrepreneurship, and individual initiative.
Inefficient allocation of resources due to central planning.
Limited consumer choice and reduced variety of goods and services.
Potential for corruption and bureaucracy.
c) Mixed Economy:
Advantages:
Combination of market forces and government intervention allows for a balance between efficiency and equity.
Ability to address market failures through regulations and social programs.
Provision of essential public goods and services.
Flexibility to adapt to changing economic conditions.
Disadvantages:
Balancing conflicting interests and priorities
Emily purchased a building to store inventory for her business. The purchase price was $760,000. Beyond this, Emily incurred the following necessary expenses to get the building ready for use: $10,000 to repair the roof as routine maintenance (did not improve or prolong the life of the asset), $6,000 to make the interior suitable for her finished goods, and $700 in legal fees. What is Emily’s cost basis in the new building?
Answers
To calculate Emily's cost basis in the new building, we need to add up the purchase price and all the necessary expenses incurred to get the building ready for use. Here's the breakdown:
Purchase price of the building: $760,000
Roof repair expense: $10,000
Interior renovation expense: $6,000
Legal fees: $700
Now let's add up these amounts:
760,000 + 10,000 + 6,000 + 700 = $776,700
Therefore, Emily's cost basis in the new building is $776,700.
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which south korean conglomerate started business as a grocery store
Answers
The South Korean conglomerate that started business as a grocery store is Samsung. It initially began as a small trading company called "Samsung Sanghoe" in 1938, selling groceries and local produce.
Groceries refer to food items and other household products that are typically sold in grocery stores or supermarkets. They are essential items consumed by individuals and families on a daily or regular basis. Groceries include a wide range of products such as fresh fruits and vegetables, dairy products, meat and poultry, canned goods, packaged snacks, beverages, cleaning supplies, personal care items, and more. Groceries are typically purchased by consumers to fulfill their basic needs and maintain their household supplies.
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Intel corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. what was the total equity for interest business at year-end?
Answers
Total Equity was $69019 million at year's end.
we arrive. total equity at year's end is expressed as total equity at year's end = asset - liabilities, where value is the result.
Total Equity = $123,249 Million - $54,230 Million at the end of the year.
Total Equity was $69019 million at year's end.
What are liabilities?A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or other future yielding of economic benefits.
Financial accounting liabilities might be based on equitable obligations or constructive obligations rather than having to be legally enforceable. A duty based on moral or ethical principles is referred to as an equitable obligation.
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