If $30,000 is invested for one year at an annual interest rate of 13%, it will grow in value to ________.
A) $33,900
B) $36,208
C) $3900
D) $32,308
A) $33,900
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Which of the following can be used on the résumé to overcome gaps in work history?
A) Itemize each position held in detail. B) Focus exclusively on experience and skills that relate to the position. C) Include information regarding salary and reasons for leaving positions. D) Group all work experience under a single heading. E) Highlight volunteer, education or community work that take place during those gaps in employment.
Which of the following statements regarding a negligence case is correct?
a. A plaintiff must show that the defendant's act was both the factual cause of her injury as well as a foreseeable injury. b. A plaintiff must show that the defendant's act was the factual cause of her injury even if the injury was not foreseeable. c. A plaintiff must show that the defendant's act created a foreseeable danger even if it was not the factual cause of her injury. d. A plaintiff does not have to show that the defendant's act either created a foreseeable danger or that the act was the factual cause of her injury.
The officers and the directors are fiduciaries of the corporation, but the business judgment rule may preclude liability on officers and directors for honest mistakes of judgment
a. True b. False Indicate whether the statement is true or false
Mountain Gear has been using the same machines to make its name brand clothing for the last five years. A cost efficiency consultant has suggested that production costs may be reduced by purchasing more technologically advanced machinery. The old machines cost the company $390,000. The old machines presently have a book value of $139,000 and a market value of $31,000. They are expected to have a five-year remaining life and zero salvage value. The new machines would cost the company $290,000 and have operating expenses of $19,000 a year. The new machines are expected to have a five-year useful life and no salvage value. The operating expenses associated with the old machines are $49,000 a year. The new machines are expected to increase quality, justifying a price increase, and thereby
increasing sales revenue by $29,000 a year. Select the true statement. A. The company will be $78,000 better off over the 5-year period if it keeps the old equipment. B. The company will be $47,000 better off over the 5-year period if it replaces the old equipment. C. The company will be $36,000 better off over the 5-year period if it replaces the old equipment. D. The company will be $31,000 better off over the 5-year period if it replaces the old equipment.