If you want to have $875 in 32 months, how much money must you put in a savings account today? Assume that the savings account pays 16% and it is compounded monthly (round to the nearest $10)
A) $630
B) $570
C) $650
D) $660
Answer: B
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Use the information presented below for Farley River, Inc for 2015 and 2014 to answer the questions that follow. Farley River uses the straight-line depreciation method. 2015 2014 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Farley River, Inc Using the 2015 data, what is the average life of Farley River's property, plant, and equipment (rounded to one decimal place)? a. 1.6 years b. 2.5 years c. 4.0 years d. 10.0 years
____ are responsible for multiple tasks. Team members possess a set of skills relevant to the groups’ tasks and have discretion over the methods of work, task schedules, assignment of members to different tasks, compensation, and feedback about performance for the group as a whole.
a. Link-performance teams b. Performance teams c. Self-managed teams d. Self-analyzing teams
A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively
The firm makes 10 percent of its sales for cash, collects 40 percent of its sales one month following the sale, and collects the balance two months following the sale. The firm's total expected cash receipts in January is ________. A) $700 B) $2,100 C) $1,900 D) $300
One of the primary goals of a database is to eliminate information redundancy by recording each piece of data in only one place in the database. What does the elimination of information redundancy do for a database?
A. Reduces disk space requirements. B. Improves information quality. C. Makes updating information easier. D. All of these.