Answer:
$2,949.91.
Explanation:
The size of the quarterly installment can be determined by finding the (Payment) PMT amount using tie value of money principles.
<u>Here I used a financial calculator to set my values and calculate PMT as :</u>
PV = $0
N = 2 x 4 = 8
P/yr = 4
I = 11 %
FV = $26,000
PMT = ?
Therefore the (Payment) PMT is $2,949.91. The size of each (equal) quarterly installment should be $2,949.91.
The primary distinction between expenses and losses is that costs are incurred in order to produce income, whereas losses are often associated with any other activity. the sale of an asset with a long lifespan for less than its book value. a negative verdict in a lawsuit brought against the business.
The cancellation of bonds that are payable at a cost higher than their carrying value An expense is a business's operational cost incurred to produce income. It may deduct tax-deductible expenses on its income tax returns. Either the cash basis approach or the accrual method is used by accountants to record expenses.
To learn more about expenses, click here.
brainly.com/question/14514813
#SPJ4
Answer:
<u>Operational decision</u>
Explanation:
Remember, management takes several decisions which could be;
Group decisions,
Strategic policy, and
Operational decisions etc.
However, operational decisions are taken <em>usually by Top Management such as the production manager </em>in this scenario concerning issues that have a long time effect on the organisation's operational efficiency.
One such issues is the manner in which production is carried out.