Answer:
The entries are made as follows;
Explanation:
Oct 1. Petty Cash Dr.147
Cash Cr.147
Petty Cash (197-147) Dr.$50
Cash Cr.$50
Supplies Expense Dr.$24.69
Petty Cash Cr.$24.69
Miscellaneous Expense Dr.$14.99
Petty Cash Cr.$14.99
Postage Expense Dr.$14.99
Petty Cash Cr.$14.99
Freight Expense Dr.$5.39
Petty Cash Cr.$5.39
Answer:
The correct answer is option b.
Explanation:
The terms of trade is the ratio at which two countries exchange their goods. It is the ratio of exports and imports of a country. Terms of trade reflect the health of the economy.
It measures the number of goods a country can import in exchange for the goods it is exporting.
An increase in the price of exported goods will increase the terms of trade for a country. While an increase in the price of imported goods will cause it to decline.
Answer:
MIRR = 4.32%
Explanation:
year cash flow
0 -$795,000
1 $375,000
2 -$500,000
3 $600,000
4 $400,000
Since there are 2 cash outflows, the IRR calculation would result in two different answers (1 for every cash outflow), that is why we use the MIRR function in excel.
=MIRR (cash flows, finance rate, reinvestment rate)
=MIRR (-795000 to 400000, 5.5%, 5.5%)
Since we are only given one interest rate, we will use it as our finance rate and our reinvestment rate.
MIRR = 4.32%
We are given with two functions: f(x) = 6x + 13 and g(x) = 4x + 18. We are given with h(x) which is associated with f(x) + g(x). The sum of 6x + 13 + 4x + 18 equal to 10x + 31 indicating Bob will make more money working alone or by teaming with Susie. The answer hence to this problem is C. h(x) = 10x + 31, team with Susie
