Answer:
$1,985,976.79
Explanation:
The formula for finding the amount is :
A = FV/ annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
FV = Future value = $24,800,000
A = Amount
R = interest rate = 8%
N = number of years = 9
Annuity factor = (1.08^9 - 1 ) / 0.08 = 12.487558
$24,800,000 / 12.487558 = $1,985,976.79
Answer: $360,050
Explanation:
The total cost of a fixed asset refers to all the cash that was paid to acquire the asset, transport it and then install it.
Cost of the new machinery is therefore = Discounted cost price + Sales tax + Installation charges + Concrete slab
= (270,000 * (1 - 2%)) + 79,750 + 4,800 + 10,900
= 264,600 + 79,750 + 4,800 + 10,900
= $360,050
<em>Cost price was discounted by 2% as per the credit terms of 2/10 which means that there is a discount of 2% if the asset is paid for in 10 days. </em>
Answer: (A) Loyalty
Explanation:
According to the given scenario, Henry hutchins is dissatisfied with his job but he believes to the supervisor of the company that he helps in reducing the stress and disappointment from the job.
The Henry repose to the given problem is refers as the loyalty as he shows faith to his supervisor and also shows the loyalty that he helps in improve the conditions of his job.
The loyalty is the term that shows the positive, reliable and the trust quality of the person that the one person devoted to other.
Therefore, Option (A) is correct answer.
Answer:
The options are given below:
A. An unqualified report.
B. An adverse report.
C. A disclaimer of opinion.
D. An exculpatory opinion.
The correct option is C.
Explanation:
A disclaimer of opinion is issued by an auditor in the event that the he/she is unable to complete the audit report due to an absence of financial records or when there is a lack of cooperation from management. What this signifies is that no opinion over the financial statements was able to be determined. A disclaimer of opinion is not an opinion itself.
Also, a disclaimer of opinion can be due to the fact that the client placed a restriction on the scope of the examination to such an extent that the auditor was not able to form an opinion.
<h2>Yvonne is using CRM to encourage customers to engage in "Straight rebuy"</h2>
Explanation:
The process that repeats when a customer makes another purchase of the same goods in the same amount under the same terms from the same supplier.
This is called as straight buy because the buyer wants the same product without any change and he would like to buy in routine.
CRM helps the business people to maintain the customer and make them to buy products and increase the value of business. As said earlier, here straight rebuy is the situation where the customer orders same item again and again without any change.