Answer:
C.Accounting Identity is: Assets equivalentLiabilities + Owners' Equity.
Explanation:
In accounting identity all variables must balance, if they do not balance according to the equation then there must be an error in formulation, measurement or calculation.
The basic assumption in accounting identity is that the balance sheet must balance. That is assets must be equal to a sum of liabilities and owner's equity.
Asset= Liabilities+ Owners Equity.
This relationship is based on the convention of double entry, for every debit there is an equal credit.
Answer:
#include <iostream>
using namespace std;
int main()
{
double number1, number2, sum;
cout<<"Enter a number: ";
cin >> number1;
cout<<"Enter another number: ";
cin >> number2;
sum = number1 + number2;
cout <<"The sum of two numbers is "<< sum <<endl;
return 0;
}
Explanation:
The correct program can be seen above.
You need to add #include <iostream> and using namespace std; before your main function. Other issues are following;
Line 4, 5, 6, 7, 9 -> cout and cin must start with a lowercase letter
Line 5 -> cin >> number1;
Line 7 -> cin >> number2;
Line 8 -> sum = number1 + number2;
Line 9 -> cout << "The sum of two numbers is " << sum << endl;
Answer:
-$5,114.07
Explanation:
The computation of the net present value is shown below:
= Present value of all year cash flows - initial investment
where,
Present value of all year cash flows = Annual cash flows × PVIFA factor at 9 years for 8% + Salvage value × discount factor at 8%
= $38,000 × 6.2469 + $15,000 × 0.500248967
= $237,382.20 + $7,503.73
= $244,885.93
Refer to the PVIFA table and discount factor table
And, the initial investment is $250,000
So, the net present value is
= $244,885.93 - $250,000
= -$5,114.07
Answer:
at 11%. (Present value of annuity) An=$30,876.74
at 16% (Present value of annuity) An=$26,061.55
Explanation:
Given R=6000, each year
t = 8 yrs
j(1) = 11%,
j(2)=16%
m= 1
find An=?
We have i=j/m and n=m x t
Formula An={R[1-(1+i)^-n]} / i
={6000x[1-(1+0.11)^-8]} : 0.11
=$30,876.74
An={R[1-(1+i)^-n]} / i
={6000x[1-(1+0.16)^-8]} : 0.16
=$26,061.55
Answer:
I notice two possible issues here:
First, focusing on selling only the base model might increase total sales volume but might not increase profits. Generally, premium models are more expensive and yield a higher contribution margin. I might be wrong here because there is no mention to contribution margins, but generally things work differently. E.g. car salespeople do not usually offer the base model first, they generally show the highest trims.
Second, in countries like Japan, common goals for groups might work since the culture is much more collaborative between group members. But in the US, where performance and success is measured on a much more personal way, it might not work very well. It doesn't mean that team work is no good, but making the whole group responsible for reaching a certain sales goal is not adequate. Imagine that you manage to increase your sales by 15%, but since the total sales of the entire group didn't increase as much and didn't meet the stated goals. What will happen to you? Under normal conditions, increasing sales in such a way would probably result in a bonus besides higher sales commissions.
