1,236 Answered Questions for the topic finance

10/07/21

Accounting Question Help - The statement of retained earnings
What does the beginning balance of retained earning indicate? And what does the following that is reported in the statement of retained earnings mean as well? The addition of net income or the... more
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10/06/21

Accounting Question - Notes to the financial statements
What are notes to the financial statements? Please explain what it means and it's importance.
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10/06/21

Accounting Question Help - Owner's Equity Question 2
Please explain the following statement in detail, I don't quite understand.The owner's equity of proprietorships and of partnerships makes no distinction between what is invested and what is... more
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10/05/21

Accounting Question Help - Owner's Equity
Please help explain the following statement + provide an example if can, I would like a better explanation. Thanks,Owner's equity is the owner's remaining interest in the assets of the company... more
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Finance Math Business

09/29/21

Complete the following by calculating the cash discount and net amount paid:
Gross amount of invoice (freight charge already included) - $7,000 Freight Charge - $100 Date of invoice - 4/8 Term of invoice - 2/10, n/60 Date of payment - 4/15 Cash discount - $_____ Net amount... more
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Finance College Math

09/24/21

How much would you need to deposit in an account each month in order to have $40,000 in the account in 6 years? Assume the account earns 8% interest.
I cannot solve this. Can someone give me the steps? Thank you!
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Finance

09/23/21

Select the correct answer. Which financial transaction is associated with the home rental process? A. down payment B. closing fee C. deposit D. taxes, tags, and title fees Reset Next
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09/16/21

Please Help, question about dividends.

How do dividends affect a business as a whole? All I know is that dividends decrease retained earnings because it is net income that was not invested in the business.
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Finance Math Mathematics

09/14/21

the principal P is borrowed and the loan's future value, A, at time t is given. Determine the loans simple interest rate, r, to the nearest tenth of a percent. P=$2000 A=$2150 T=1 Year
I know I am supposed to use I = PRT or A=P(1+rt) but I don't understand how I'm supposed to set up the equation.
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Finance

08/24/21

If you work from 6am-4pm for 6 days a week and take 30 mins for lunch each day, how many overtime hours will you get?

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Finance

08/24/21

You have a full time job making a salary of 36,819 per year. If you work a typical 40 hour week all year (52 weeks), how much is your hourly pay rate?

Round to the nearest cent.
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08/21/21

I'm trying to figure out the possible combinations of a group of objects each priced differently.
There are 16 objects priced as follows:$9,600$9,400$9,200$8,800$8,600$8,400$7,800$7,200$7,000$6,600$6,200$5,800$5,400$5,000$4,800and finally $4,600I have a budget of $50,000. How many combinations... more
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Finance

08/19/21

Finance Question Help
Which of the following investment products will probably lead to the lowest EAR? A.Investment GHI with 13% rate compounded continuously.B. Investment DEF with 13% rate compounded quarterly. C.... more
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Finance Math

08/18/21

Financial math help
Caroline has been looking at condos in BC. She finally finds one she likes listed at $289 000. She has saved up $60 000 for a down payment. Assume an interest rate of 4.2%. Caroline has a take home... more
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07/28/21

Quantitative techniques

a) A manufacturing firm finds that the daily costs of producing x units of a product is given by:𝒄 = 𝟎. 𝟎𝟐𝟓𝒙2+ 𝟏𝟑𝒙 + 𝟏𝟎𝟎a. If each of the units is sold for Ksh 20, determine the minimum numbers... more
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07/20/21

High school assignment about investment (basic percentages, but also about econ and finance).
Liam and Ben are two friends who started studying the world of Finance and have different expectations for inflation in the coming years. Liam estimates inflation of 5% per year and Ben estimates... more
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Finance Math Algebra 1

07/16/21

Interest Algebra Finance Question
Mike and Ike each inherited a sum of money form an uncle. Mike received $800 more than Ike. Ike invested his at 8 percent and Mike invested his at 7 percent. If Mike received $16 a year more than... more
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Finance

07/01/21

Present value of an amount
John and Marie’s son Sean is saving a deposit for a house and as they would like to help him, so they have decided to give him his funds early (before he turns 30). They want to be fair and ensure... more
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Finance

06/28/21

Calculate the interest of a mortgage loan
33.Suppose you have just obtained a 30-year home mortgage in the amount of $292,000 at an APR of 5.75%. By finding the required monthly payment and also the monthly payment that you would need to... more
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Finance Math

06/28/21

Calculate the Interest on a Mortgage
33.Suppose you have just obtained a 30-year home mortgage in the amount of $292,000 at an APR of 5.75%. By finding the required monthly payment and also the monthly payment that you would need to... more
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Finance

06/15/21

purchase price ?
Carmella purchased a refrigerator under a conditional contract that required 24 monthly payments of $78,26 with the first payment due on the purchase date. The Interest rate on the outstanding... more
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Finance

06/14/21

You deposit $5000 each year into an account earning 3% interest compounded annually. How much will you have in the account in 30 years?
You deposit $5000 each year into an account earning 3% interest compounded annually. How much will you have in the account in 30 years?
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Finance Excel

06/09/21

Is there a formula in Excel to solve for a maximum lease payment?
Is there a formula in Excel to solve for a maximum lease payment when you know the total present value of future lease payments, the interest rate, and the number of periods?
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Finance Math English History

06/08/21

Urgent Help, please!! What does Japan have a absolute advantage in?
1. Japan absolutes advantage's, please list and explain!
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Finance Math English History

06/08/21

URGENT HELP! please, would a country's currency go into the category of trade or the existing economic conditions?
Would a country's currency go into the category of trade or the existing economic conditions?
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