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valentina_108
12 days ago
6

A farmer sells $25,000 worth of apples to individuals who take them home to eat, $50,000 worth of apples to a company that uses

them all to produce cider, and $75,000 worth of apples to a grocery store that will sell them to households. how much of the farmer's sales will be included as apples in gdp?
Business
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If Penny bought a stock for $80 dollars and could sell it 15 years later for 4 times what she originally paid, what is Penny’s r
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The calculated return on investment stands at 10%. Given the stock purchased for $80 grew to four times that value over 15 years, the return was formulated using the growth rate calculation components leading to a clear estimate.
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You have had $5,500 in a Roth IRA account for 3 years earning 1.2% annual interest. During those 3 years, the rate of inflation
marusya05 [3725]

Answer:

Decrease in purchasing power =$(96.67)

Explanation:

To determine the alteration in purchasing power, we assess the value of the IRA after three years relative to its worth considering prices from three years ago.

The value of $5,500 after three years equals 5,500 × 1.012^3 = 5700.385

The purchasing power of $5,700.38 based on past prices for three years earlier

=5700.385504 × 1/(1.018^3)

= $5403.32

Change in purchasing power =  $5403.32 -  $5,500= $(96.67)

Decrease in purchasing power =$(96.67)

8 0
3 months ago
For a Marketing course: What skills from this course would you use to create a three-paragraph promotional tool that explains th
Nady [3600]

Answer:

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3 0
2 months ago
The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $36,016. During October, the total cash deposit
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Response:

This question lacks components that are enumerated as follows:

A) Prepare a bank reconciliation as of October 31, 20Y9

B) Journalize the required entry

C) If a balance sheet were generated for Coastal Bike Co., what amount should be recorded as cash?

Solution

Beginning cash balance -  36,016Cash deposited -             138,030

Check written -                (138,571)                                          35,475

Bank reconciliation for Coastal Bike as of October 31 20Y9

Cash balance from Bank statement  -                43,940

Unrecorded deposit               1796

Bank error (750-570)               180

Outstanding checks               6281

Total adjustments                                                           4,305

Adjusted balance                                                           39,635

Cash balance adjusted after transactions of the month   35,475

Note collected by bank                    5670

Bank service charges paid                            26

Returned checks received                               1,394

Discrepancy recorded for a check(210-120)       90

Total adjustments made                             4160

Adjusted balance after all transactions                    39,635

B

Increase in cash entries

Description                               Debit                    Credit

Cash                                          5670

Note receivable collected                                                     5400

Interest income noted                                                        270

Accounts payable (Rack pro)      90

Accounts receivable (Bay view) 1394

Bank service charges incurred                            26

Cash accounted for in final calculation                                           1510

c

Amount to report as cash on balance sheet

Opening cash account -  36,016

Cash deposited -             138,030

Check payment made -                (138,571)

                                         35,475

7 0
1 month ago
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