Answer:
Resulta are below.
Explanation:
Giving the following information:
Nan:
Initial investment= $5,000
Interest rate= 7% compounded annually
Number of years= 60 - 25= 35
Neal:
Initial investment= $5,000
Interest rate= 7% compounded annually
Number of years= 60 - 30= 30
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>Nan:</u>
FV= 5,000*(1.07^35)
FV= $53,382.31
<u>Neal:</u>
FV= 5,000*(1.07^30)
FV= $38,061.28
Answer: 10 months
Explanation:
It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
Here is how;
Doing it themselves would cost -
$250 - For a lawnmower
$135 - For an edger
$69 - For a hedge trimmer
$25 - For a rake
Summing these up gives $479
It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.
On the other hand, if they were to hire a professional service, it would cost
• $75 for the first month and
• $45 for subsequent months
So, $45 * 9months = $405
$405 + $75 (for the initial month) = $480
Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
Answer:
No Net Impact on Pumpkin's Accounting Equation from collection of cash.
Explanation:
Sales transaction has already been recorded and there is a Account receivable with $500 balance which is an asset account. On January 11 Cash has been received and the transaction was as follows:
Dr. Cash $500
Cr. Account receivable $500
Cash and Account receivable are both assets account therefore there will be no net impact on pumpkin's accounting equation one type of asset account balance is increasing the other type of asset account balance is decreasing when we post transaction.
Accounting Equation
Asset = Equity + Liability
Dr. Cash +500 0 0
Cr. Account Receivable <u>-500 0 0</u>
Total Impact <u> 0 0 0</u>
This statement "Marketing goods and services to the B2B market relies heavily on advertising than marketing efforts aimed toward the consumer market" is:True.
<h3>What is B2B marketing?</h3>
B2B marketing which full meaning is business to business marketing can be defined as the process in which business owners tend to focus on selling their products or goods to other businesses rather than their customers.
Based on this, companies or business owners prefers to advertise their goods and service to other business owners so as to make profit or generate revenue.
Inconclusion the statement is true.
Learn more about B2B marketing here:brainly.com/question/26506080
Answer:
C, The unsold additions to inventory at an appliances store.
Explanation:
GDP = Gross DOMESTIC Product
Since the unsold additions are not sold, there's no money coming from it, thus it is not counted in GDP.
Bonus: If you order clothes from Thailand, that is called GNP. It counts as Thailand's GDP because the money is going into the country, and it counts as America's GNP as you are buying goods from another country.
