A mother wants to invest ​$ for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) which earns​ 4% and the remainder in a savings bond that earns​ 7%. If the total interest earned after one year is how much money was invested in the CD​ account?

Answers

Answer 1

Answer:

the amount of money i.e. invested in the CD account is $3,666.67

Explanation:

The computation of the money invested in the CD account is shown below:

Let us assume the amount invested be x

So, the equation i.e. to be made is

0.04x + 0.07 × ($11,000 - x) = $660

0.04x + $770 - 0.07x = $660

-0.03x = -$110

x = $3,666.67

Hence, the amount of money i.e. invested in the CD account is $3,666.67


Related Questions

California’s agricultural acreage in 1981 equaled ___ acres.

Answers

Answer:

9.7 million

Explanation:

California a state in the United States of America is considered to be first or number one in ranking concerning agricultural activities in the country. Agriculture is generally understood to be the most significant industry in California and in 1981, the agricultural acreage equaled 9.7 million acres.

Hence, the correct answer to the question is 9.7 million acres.

Which inventory costing method assumes that cost of goods sold and ending inventory consist of a mixture of all the goods available for sale?

Answers

Answer:

Average Cost Method

Explanation:

It is also known as weighted average cost. Under this method of costing, it is assumed that cost of inventory is based on the average cost of the goods available for sale during the accounting period. Meaning that the average cost is derived by dividing the total cost of goods available for sale by the total units available for sale.

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________. Group of answer choices When economists talk about supply, they are referring to a relationship between price received for each unit sold and the _________________.

Answers

Answer:

1. all else is held equal

2. quantity supplied

Explanation:

Given economics terminologies and definitions, it can be concluded that any given demand or supply curve is based on the ceteris paribus assumption that ALL ELSE IS HELD EQUAL

Also, it can be easily concluded that when economists talk about supply, they are referring to a relationship between the price received for each unit sold and the QUANTITY SUPPLIED.

What are the two factors that are examined in the administrative management theory when trying to create an organization that is highly efficient and effective?

Answers

Answer:

organizational structure and control systems

Explanation:

The two main factors that are examined are the organizational structure and control systems. Organizational structure focuses on organizing various company activities in such a way that they can achieve their organizational aims as efficiently as possible. Control Systems on the other hand are the various sets of procedures and processes, that allow an organization to achieve its mission and objectives. Both are essential in order for the organization to run as efficiently and effectively as possible.

is a doctor an occupation

Answers

Answer:

Yes , doctor is an occupational

Yes they definitely are

Dentify the sentence type: places like taco bell provide affordable and convenient food for americans, but consumers need to be aware of the health consequences of eating too much fast food. simple compound complex compound-complex

Answers

Answer:

The correct answer is the option: Compound.

Explanation:

To begin with, the sentences that are compound are understood to be the ones who have at least two or more independent clauses that are joined together by a comma, semicolon or by a conjunction. Therefore that the sentence presented in the text corresponds to a compound sentence due to the fact that you can find two different clauses that are joined together by a comma and a coordinator in this case ("but") and when that happens that coordinator adds also flowness to the sentence.

Strong brands a. are a liability. b. guarantee success for a company. c. are the most significant barrier to entry in the market. d. deliver greater returns with less risk.

Answers

Answer:

d. deliver greater returns with less risk.

Explanation:

Strong brands are known to have a lot of positives, which includes representation of individuals or customers' viewpoints of the company's services, status, logo, and publicity. One of the main purpose of branding is to increases the value of a company, gives employees adequate guidance and motivation, and makes obtaining new customers easier.

Hence, the right answer among the available options is "deliver greater returns with less risk."

Answer:

d. deliver greater returns with less risk

Explanation:

A brand is a product, person, or service that has a unique name or symbol that differentiates it from others in a market. It makes a particular product stand out from others.

Companies use brands to increase competitive advantage by conveying a unique quality or trait with that particular brand.

Strong brands are those that perform well over a long period of time and conveys its uniqueness at all touch points with the customer.

So strong brands ensure delivery of greater returns with less risk.

To find operating cash flow for the business for the year, add depreciation expense to EBIT and then ________. Question 8 options: A) subtract the interest expenses B) subtract the taxes C) add the taxes D) add interest expenses

Answers

Answer:

B) subtract the taxes

Explanation:

The formula to compute the operating cash flow is shown below

The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,  

EBIT = Sales - cost of good sold - depreciation expense

Also the operating cash flow refers to the cash amount i.e. created through the day to day activities within a particular period

Hence, the correct option is b.

Outright sales or sale and leaseback free up considerable cash and improve returns. This is an example of which turnaround strategy used by successful companies?

Answers

Answer:

"Asset and cost surgery " is the right answer.

Explanation:

Asset but mostly cost surgery indicates another company can opt to sell much of its order to maximize shareholders as well as consider outsourcing those non-competitive business international operations.Asset Management Policy would be an organization-wide policy for implementing as well as recording asset management activities, policies, processes as well as techniques.

The company pays cash for a piece of equipment. the list price was $9,100, but after negotiation, the final purchase price was $8,700.

Answers

Answer:

this question is part of a longer question where you had to state how this transaction affects the accounting equation of the company:

the journal entry would be

Dr Equipment 8,700

    Cr Cash 8,700

Since both accounts are asset accounts, only the assets will be affected. Cash balance will decrease by $8,700 while equipment will increase by the same amount:

Assets                                                = liabilities + equity

cash         equipment

-8,700      8,700

For a retail business, a delivery of inventory, from a vendor (with whom there is an established credit relationship) would be initially recorded in which type of accounting record as part of which transaction cycle

Answers

Answer:

purchases journal; expenditure cycle

Explanation:

For most retail businesses the first place transactions are recorded is the purchase or sales journal. This contains a simple lost of items purchased or sold. The information is later transfered to the general ledger.

On this scenario there was a delivery of inventory, from a vendor with whom there is an established credit relationship.

Once purchase is made on credit it is an expenditure transaction and will be recorded as such

"The link between marketing ethics/social responsibility and firm performance has been documented repeatedly over time. This link is most evident in firms that have a strong __________."

Answers

Answer:

ethical climate

Explanation:

We were informed that the link between marketing ethics/social responsibility and firm performance has been documented repeatedly over time.

In this this case is most evident in firms that have a strong ethical climate. Strong ethical climate in finance reffered to the degree of ethics been utilized by an organization, it involves the morals and improve employee morale when they experience ethical climate such as caring, independence and other ethical factors.

.

Melvin Crane is 66 years old, and his wife, Matilda, is 65. They filed a joint income tax return for 2019, reporting an adjusted gross income of $22,200, on which they owed a tax of $61. They received $3,000 from Social Security benefits in 2019. How much can they claim on Form 1040 in 2019, as a credit for the elderly?

Answers

Answer:

$0

Explanation:

the credit for the elderly is the lesser of the following:

1) taxes owed = $61

2) you calculate the credit for the elderly by subtracting $7,500 - $3,000 (social security benefits) = $4,500

then you subtract half of your AGI over $10,000 = ($22,000 - $10,000) x 50% = $5,500

the credit = $4,500 - $5,000 = $0 (there are no negative tax credits)

the lesser between $61 and $0 is $0.

At December 31​ year-end, Cushion Corporation has a $9,000 note receivable from a customer. Interest of 4​% has accrued for 10 months on the note. What will Cushion's financial statements report for this situation at December​ 31?

Answers

Answer:

The financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

Explanation:

Calculation for what Cushion's financial statements report for this situation at December​ 31

Based on the information given we were told that the Corporation has the amount of $9,000 as note receivable from a customer with an Interest of 4​% which has accrued for 10 months on the note which mean that the financial statements will report will report the note receivable of the amount of $9,000 and interest receivable of the amount of $300 at December 31 ​ which was calculated as :

Interest receivable =$9,000×0.04×10/12

Interest receivable =$300

Therefore the financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

What role do funds (money) play in the circular flow model? a. They are what households or firms pay for products or resources. b. They are the means by which trade creates value. c. They enable firms and households to interact with foreign firms and households. d. They enable firms and households to pay their taxes

Answers

Answer:

a. They are what households or firms pay for products or resources.

Explanation:

The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.

The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.

Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture all of the relevant numbers.

Answers

Answer:

internal; process

Explanation:

Sustainability programs are usually used by organization for the growth of the organization, it may be interms of risk management and others however, it has to be a continuous process for it to be achieved.

It should be noted that Sustainability programs often find their success beyond company boundaries, thus internal systems and process metrics cannot capture all of the relevant numbers.

Which type of telephone answering system requires a health care worker to check in either at regular intervals while the agency is closed or on the next business day

Answers

Answer:

Answering machine

Explanation:

Answering machine is a form of telephoning system that is designed to automatically answer and record telephone calls  even when a receiver is not around to do so.With this feature , it allows flexibility as the user can still attend to other functions without loosing track of the the calls for the day.

Even though it has a weakness in that calls that require immediate responses may not get such , however , those calls can be responded to as soon as the users get to know about it , hence the need for frequent check of the call logs by the user.

Looking at this definition , it it suits the need of a regular health worker that need to check in either at regular intervals while the agency is closed or on the next business day.

Net income is ________. Question 7 options: A) not cash flow B) earnings before interest and taxes C) the cash flow from the operations of the company during the period D) the increase or decrease in cash flow for the period

Answers

Answer:d the increase or decrease in cash flow for the period of time

Explanation:

It’s the amount gained and lost in the amount of time they were in business

The final item to be recorded on the project meeting minutes is an evaluation of both good and poor points from the meeting. On agile projects, this evaluation is called the ____:

Answers

Answer:

Retrospective

Explanation:

These are options for the question;

a.stakeholder analysis

b.lessons learned

c.plus-delta process

d.Retrospective

We were told from the question that an item to be recorded on the project meeting minutes is an evaluation of both good and poor points from the meeting. Then since the evaluation involves both good and poor points On agile projects, the evaluation is called the retrospective.

It should be noted that retrospective provide a way of measuring the degree in which the goals of the organization are been met. And make sure that degree of success is high as possible.

Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary price cuts and issue coupons. This practice is referred to as a. price discrimination. b. price promotion. c. price instability. d. price sensitivity.

Answers

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

Using covert influence to overcome resistance to change is called ________. negotiation manipulation coercion communication cooptation

Answers

Answer:

Manipulation

Explanation:

Using covert influence to overcome resistance to change is called MANIPULATION.

These manipulations result to the overpowering to the things that resist change by using covert influence.

The covert influence or action is an activity whereby political, military and economic conditions are influenced outside by the U.S government but such influences are not apparently known publicly. It's a manipulative strategy.

"The MSRB online system that gives non-professional investors key information about municipal securities, including issuer financial disclosures, notices of material events, real-time prices, and market statistics is called:"

Answers

Answer: EMMA

Explanation:

MSRB is an acronym for The Municipal Securities Rulemaking Board and it is a body that is in charge of the regulating the body that gives policies and rules for the financial institutions that issue and sell municipal securities.

EMMA gives non-professional investors key information about municipal securities, including issuer financial disclosures, notices of material events, real-time prices, and market statistics.

5 th question answer please

Answers

Answer:C

Explanation:

Answer:

c

Explanation:

it is not a flexible mode of transport

Scott Drilling Contractors recently issued a corporate bond on which it expects to pay interest for the next twenty years. Scott would record this as a __________ on its balance sheet.

Answers

Answer: Long-term Liability

Explanation:

Long-term liabilities are those debt obligations that a company has which it will only pay off in a period more than a year.

As the corporate bond that Scott Drilling Contractors issued is one that will see them making payments for 20 years, that Corporate Bond which is a debt obligation qualifies as a long-term liability and thus will be recorded as such.

A firm's strategic choices and leadership approaches need to: a. be rigid and concrete to be effective. b. adapt and change to retain their

Answers

Answer:

This question is incomplete, there are two options that remain missing. The complete options are the following:

A) Be rigid and concrete to be effective.

B) Adapt and change to retain their relevance.

C) Be independent of each other.

D) Steer clear of cultural and socioeconomic influences.

And the correct answer is the option B: Adapt and change to retain their relevance.

Explanation:

To begin with, when it comes to terms of leadership and strategic choices the managers of a company or its members who are the ones responsibles for those matters need to understand that both of those concepts have always to be adaptative and flexible in order to retain the relevance that they have in company and its environment. And that is mainly because the context of the organization is always changing and the leader must be updated with all the new ways to take action and therefore to change the strategic choices that he might choose while taking the decision making process.

A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as a(n

Answers

Answer:

inter vivos trust.

Explanation:

A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as an inter vivos trust. The main purpose of an inter vivos trust is to facilitate the naming of the beneficiaries of assets or property for transfer purposes while the owner is still alive in order to avoid probations.

Issues management today can be considered a subset of the activities of public affairs departments. strategic planning staffs. public relations departments. various ad hoc committees.

Answers

Answer: public affairs department

Explanation:

The objective of issues management is

to help increase the social responsiveness of an organization to its stakeholders. It should be noted that firms get more options when there's an early anticipation of issues.

Issues management today can be considered a subset of the activities of public affairs departments.

.

Match the action to the task it helps accomplish. format text is at the very top or bottom of the page increase or decrease the space around the text on a page move the text at the bottom of a page to the top of the next page

Answers

Answer:

format text increase or decrease the space around the text on a page

Explanation:

Indeed, when using Word processing software like Microsoft word, it is possible to use the format text tool called line spacing to increase or decrease the space around the text on a page.

For example, in other to make a written text easily readable, a user may use the format text tool to increase or decrease the space around the text on a page.

Hope this helps! :).                       .

Jennifer Rodriguez plans to attend graduate school in 5 years. She thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. What type of computation should she use?

Answers

Answer:

"Future value of an annuity" is the appropriate solution.

Explanation:

The future amount of an annuity seems to be the interest or price of a collection of additional payments throughout the aggregate beyond a certain point of time, considering a better rate of interest, or dividend yield. The higher the demand, the greater the potential quality of the investment account.

During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its stockholders. Based on this information alone, which of the following statements is not true?

a. Net income amounted to $350.
b. Total assets increased by $200.
c. Cash inflow from operating activities was $350.
d. Cash inflow from operating activities was $200.

Answers

Answer:d--Cash inflow from operating activities was $200

Explanation:

Net income=  Cash Revenue -Cash Expenses

$1950 - $,1600 = $350

Total assets increase= Cash Revenue -Cash Expenses -Dividends

1950-1600 -150= $200

Cash inflow from operating activities=Cash Revenue -Cash Expenses  

$1950 - $,1600 = $350

therefore the statement that is not true = d--Cash inflow from operating activities was $200

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