Answer:
$15,582
Explanation:
On this question, use the Time Value of Money Techniques to find the the Annual Instalment (PMT).The amount of annual installment can be calculated using a Financial Calculator as :
PV = $100,000
N = 10
I = 9 %
FV = 0
P/YR = 1
PMT = ?
Entering the data as shown in a financial calculator gives an annual instalment (PMT) of $15,582.
The payment journal would be :
Note Payable $15,582 (debit)
Cash $15,582 (credit)
Thus, this would be a debit to Notes Payable in the amount of $15,582.
Answer:, $27 per share
Explanation:
GIVEN THE FOLLOWING ;
Original Cost of stock per share = $26
Date purchased = 9th June
12th June, Stock sold at = $23 per share
On 30th June, Repurchasement cost = $24 per share.
Loss on stock = original cost of stock per share - sales price of stock
Loss on stock = $26 - $23 = $3
The customer in this case sold his stock at a loss and repurchases a similar stock within 30 days. This is called a washout sale and in this case, the loss incurred on the sold stock is added to the cost basis of the new stock purchased.
Repurchased price = $24
Loss on sold stock = $3 per share
Therefore, customer cost basis =
$24 + $3 =$27 per share.
Answer:
$84,121.21
Explanation:
For computing the value, first we have to determine the PMT which is shown below:
= Payment ÷ interest rate
= $6,400 ÷ 5.3%
= $120,754.7170
Now the value at year 7 would be
= PMT ÷ (1 + interest rate)^number of years
= $120,754.7170 ÷ (1 + 5.3%)^7
= $120,754.7170 ÷ 1.4354848003
= $84,121.21
So, the value at date is $84,121.21
Answer: An Agency
Explanation: Mega Media sells books by having salespeople set up appointments with potential customers and give them a sales pitch for the product. When a salesperson sells a book, he or she gets a predetermined percentage commission. This type of business model is called______________
a. An agency
b. Bundling
c. wholesale
d. Freemium
The agency business model is one that is based upon clients paying an agency a fee or commission for its services. An agency is a business, firm, or organization that provides a specific service, it usually covers a wide range including branding, customer experience, digital marketing, SEO, etc. Often, but not always, agencies work on behalf of another group, business, or person. The scope of business is usually based on the number of campaigns carried out, as well as the number of assets and deliverables for those campaigns.
Answer:
c. can be identified only if it has been unsuccessfully challenged by competitors
Explanation:
Competitive advantage is a favorable attribute that a business possesses, making it outperform its competitors. Competitive advantage enables the company to utilize its resources efficiently, resulting in more customers and higher profits than rivals.
A firm will retain its competitive advantage if its competitors fail to replicate or match its favorable traits. Its position as the market leader will remain unchallenged until competitors develop attributes that can match its unique traits. In other words, a competitive advantage position remains relevant if competitors have challenged it unsuccessfully.