Answer:
$894,336
Explanation:
The computation of the present worth of two contracts is shown below:
= (Stable income × PVIFA at 3 years for 10%) + (Signed amount × PVIFA at 2 years for 10%) × PVF at 3 years for 10%
= ($260,000 × 2.4869
) + ($190,000 × 1.7355
) × 0.751314801
= $646,594 + $329,745 × 0.751314801
= $894,336
Refer to the PVIFA table and the discount factor table so that the correct amount could come
Answer:
50%
Explanation:
From the question we have here
If adults would pay 20$
Out of a 100% students:
60% would pay 15
40% would pay 10
If regular price = 20$
We are required to find discount
Discount = (20 - 10)/20 x 100
Discount = 0.5 x 100
Discount = 50%
The museum should offer 50percent discount.
Answer:
The answer is <em>new product stage</em>.
Explanation:
At the introduction stage the product enters the market and the business seems to have a foothold on the sales ladder:
- Establishing the brand and assuring the market the quality of the new product.
- A policy of low prices to reach the market, although with little competition, the price may be high initially to recover development costs.
- Selection of a distribution model to bring the product to market.
- Product promotion aspiring to the specific public as online forums.
Answer:
Incremental approach.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on a periodic basis.
Basically, the first step of the budgeting process is to prepare a list of each type of income and expense that will be integrated or infused into the budget.
This ultimately implies that, before preparing a budget, it is of utmost importance to know total income (inflows) and expenses (outflows).
The final step to be made by the management of an organization in the financial decision-making process is to make necessary adjustments to the budget.
In Business management, an incremental approach is a budgeting approach which is often used when the relationship between inputs and outputs for a particular project are weak or nonexistent. Thus, the incremental approach involves selecting the actual performance or current (previous) year's budget as a base while adding incremental amount of money for the new budget period.
This ultimately implies that, the actual performance or current (previous) year's budget are only taken as a starting point.
This statement is false. The notes receivable account should
only include those notes which can still be collected. Notes that have not
matured yet is still included in the notes receivable account because there is
still the probability of collection. Dishonored notes should not anymore be
included because there is no more probability of collection.