Answer:
the present value is $467,335.2613
Explanation:
The computation of the value worth today is shown below:
= Amount in two years ÷ (1 + rate of interest)^number of years
= $590,000 ÷ (1 + 12% ÷ 2)^2×2
= $590,000 ÷ 1.06^4
= $590,000 ÷ 1.26247696
= $467,335.2613
Hence, the present value is $467,335.2613
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The correct answer is: Accounts receivable.
Explanation:
Accounts receivable is an accounting term used to refer to the money that is owed to a company by its customers. The company that may be individuals or corporations are the debtors since they owe money for the goods or services provided by the company on credit. Accounts receivable are recorded as a current asset in the Balance Sheet.
Answer:
Toyota used the price lining approach of pricing
Explanation:
Price lining is also known as the product line pricing which is a process of marketing, wherein the products or the services within a particular group are set at the different points of the price.
So, the company used the approach of price lining where they have the highest price as well as the lowest price list.
