Answer:
7.06%
Explanation:
The computation of the coupon rate is given below:
Given that
FV is $1,000
PV is $978
NPER is 9
RATE is 7.4%
The formula is given below:
=PMT(RATE,NPER,-PV,FV,TYPE)
After applying the above formula, the PMT is $70.57
Now the coupon rate is
= $70.57 ÷ $1,000
= 7.06%
Answer:
The original selling price would be $ 18.99
Explanation:
Given formula is,
M = S - N
Where,
M = markdown,
S = original selling price,
N = reduced price
Here,
M = $ 11.45, N = $ 7.54,
By substituting the values,
11.45 = S - 7.54
⇒ S = 11.45 + 7.54 = 18.99
Hence, the original selling price of the house is $ 18.99
Answer:
modified rebuy
Explanation:
A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.
I don't think that is a wise decision
Holiday club are designed to the one who wanted to spent big bucks on specific holidays (for example : Christmas) since the value will fall after the holidays
It's not really suitable for someone who wanted to put it aside for emergencies, hope this helps
Answer:
C: expensed in the period the product is sold
Explanation:
A product cost is the manufacturing costs that are accumulated on the product. Before the product is sold these product cost is shown in the current asset section on the balance sheet <em>as inventory valuation</em>.
In the period that the product is sold, the product cost are included in the cost of sales expenses<em> to determine profit from sale</em>.
