If $1,000 was deposited today at a rate of 15%, its future value in one year would be

$1,000.
$1,150.
$1,500.
$850.

Answer:

$1,150.

Explanation:

First, we find what that 15% is by setting an equation:

[tex]\frac{15}{100} \times \frac{1000}{1}[/tex]

This gives us: $150

Now, we just add that to the deposited money.

$1000 + $150 = $1,150

Hope this helps!

The journal entry to record the amortization of a bond discount would include a __________ to __________.

a. debit; Discount on Bonds Payable
b. credit; Discount on Bonds Payable
c. credit; Interest Expense
d. debit; Cash

Which of the following about credit cards is FALSE?
Credit cards have annual fees, merchant fees, and interest charges.
Credit card interest rates are usually similar to the interest rates for a line of credit.
Banks will often set the credit card’s APR at 0% as an introductory rate to attract customers.
Banks will offer different incentives for using their credit cards.

What happens if you still have a
balance on your credit card AFTER the
company starts charging you interest?
A. The bank will extend the 0% APR so you don't pay
interest.
B. The bank will offer you a 0% so they make no money
off you.
C. The bank will make your interest payments for you.
D. The bank will make money from the interest fees you
pay.

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materials: 4 pounds at $8 per pound$ 32 Direct labor: 2 hours at $16 per hour32 Variable overhead: 2 hours at $6 per hour12 Total standard cost per unit$ 76 The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,000 units and incurred the following costs: Purchased 160,000 pounds of raw materials at a cost of $7.40 per pound. All of this material was used in production. Direct laborers worked 67,000 hours at a rate of $17 per hour. Total variable manufacturing overhead for the month was $422,100. rev: 11_20_2017_QC_CS-109672 6. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials quantity variance for March

An oligopoly can be described as an industry in which _____ .
Select one:

a) 7-9 companies produce half of the output

b)one company produces most of the output

c)3-5 companies produce most of the output

d)7-9 companies produce most of the output

Inventoriable costs are Group of answer choices only purchased goods for resale. a category of costs used only for manufacturing companies. recorded as expenses when incurred and later reclassified as assets. recorded as assets when incurred.