Answer:
1. Merchandiser
2. Periodic inventory system
3. Perpetual inventory system
4. Cost of goods sold
5. Sales discount
6. Credit period
7. Discount period
8. FOB destination
Explanation:
1. Merchandiser: A type of business that earns income by buying and selling merchandise.
2. Periodic inventory system: Inventory is updated for purchases and sales of inventory only at the end of a period.
3. Perpetual inventory system: Inventory is updated for each purchase and each sale of inventory.
4. Cost of goods sold: The expense of purchasing and preparing the merchandise sold during a period.
5. Sales discount: Seller's description of a cash discount granted to buyers in return for early payment.
6. Credit period: The amount of time allowed by a seller before payment is due from the buyer.
7. Discount period: Time period in which a cash discount is available.
8. FOB destination: Refers to credit terms where goods in transit are owned by the seller.
Answer:
Present value = $416666.6667 rounded off to $416666.67
Explanation:
To calculate the most the firm could pay for the project, we will need to calculate the present value of the project when discounted at the WACC for the project, which is equal to the WACC for the firm in this case. The cashflows from the project will be perpetual, thus we will use the formula for the present value of perpetuity.
Present value of perpetuity = Cash flow / r
Where,
r is the rate of discount or discount factor which in this case is WACC
Present value = 50000 / 0.12
Present value = $416666.6667 rounded off to $416666.67
Answer: a passive; active
Explanation:
When a person or institution is said to have a passive asset allocation strategy it means that they either trade the same assets over and over or apply the same weighting to the asset class every time. Stephen only trades medical-related stocks so is using passive allocation.
An active security selection strategy means that the person or institution constantly changes and trades the stocks in their portfolio much like Stephen does when he constantly trades stock. Stephen is therefore using an active security selection strategy.
Answer:
(B)
Explanation:
The price paid by buyers will not change, and the price received by sellers will not change because;
First,
Buyers paid 4$ tax before, later government removes or substracts -$4 tax away causing tax on meal purchased by buyers = $0.
Second,
Prior to removal of the tax on buyers of meals, sellers would have likely included this cost $4 into their cost of meals to buyers.
Now buyers are not imposed tax but the sellers are. Sellers would include this cost into the cost of meals, which is then transferred to buyers.
The equation would look this way;
Cost +$4 tax - $4 tax= + $4
The same cost would apply.
The correct answer is <span>NLMCC- National Labor Management Cooperation Committee.
This magazine is NLMCC's flagship publication, because there all of its goals can be found. Construction members and other contractors are people who receive it and read it.
</span>
