Answer:
A. the nature of any future transactions planned between the parties and the terms involved
Explanation:
If a business entity entered into certain related party transactions, it would be required to disclose details such as the dollar amount of the transactions for each of the periods for which an income statement is presented,amounts due from or to related parties as of the date of each balance sheet presented,nature of the relationship between the parties to the transactions.
These options are related with the current transactions involved between the two parties.
It will however be wrong and unethical to disclose the nature of any future transactions planned between the parties and the terms involved.
Answer:
B. It is a part of the marketing mix.
Explanation:
Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price is important to a company because it is a part of the marketing mix.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.
Answer:
B. They have a history of not making their payments on time.
Explanation:
Answer:
$918.70 or $900
Explanation:
The computation of the first monthly payment is given below:
Interest rate per Month is
= Annual Rate ÷ 12
= 4.50% ÷ 12
= 0.375%
Now
Present Value of Growing Annuity = First payment × (1 - ((1 + Growth Rate) ÷ (1 + Interest Rate))^Periods) × 1 ÷ (Interest Rate - Growth Rate)
95000 = First payment × (1 - ((1 + 0.30%) ÷ (1 + 0.375%))^108) × 1 ÷ (0.375% - 0.30%)
95000 = First payment × (1 - 0.999252^108) × 1 ÷ (0.075%)
95000 = First payment × (1 - 0.92244) × 1 ÷ (0.075%)
95000 = First payment × 103.4067
First payment = $918.70 or $900
