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ElenaW [278]
3 years ago
7

What is the present value of $1,400 per year, at a discount rate of 11 percent, if the first payment is received 9 years from no

w and the last payment is received 25 years from now?
Business
1 answer:
olga nikolaevna [1]3 years ago
5 0
For 9 years
$547.295

for 25 years
$103.051
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In order to achieve a high economic freedom rating, a country musta. provide secure protection of privately owned property and e
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Answer: The correct answer is choice d - all of the above.

Explanation: In order to achieve a high economic freedom rating, a country must do each of the three things listed.

1. They must provide secure protection of privately owned property and evenhanded enforcement of contracts.

2. The must refrain from creating barriers that limit domestic and international trade.

3. They must rely more fully on markets rather than governments to allocate goods and resources.

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Which statement best explains the law of supply?
oee [108]

(P.S. - in the future you will get better help when you add the possible answer choices!)

The law of supply states that, all other things equal/consistent) an increase in price will result in an increase in supply.

This is because as the price of a product goes up and up, more and more companies will be willing to sell it. The inverse is also true.. as the price goes down, fewer companies will bother selling the item.

5 0
3 years ago
Read 2 more answers
The records at Smith and Jones, Inc. show that Job 110 is charged with $10,000 of direct materials and $13,000 of direct labor.
elena-14-01-66 [18.8K]

Answer:

Explanation:

Manufacturing overhead will be calculated as:

= 85% × direct labor cost.

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Total cost = Direct material + Direct labor + Manufacturing overhead

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6 0
3 years ago
A motor vehicle sold on credit to C. Kelly will require which of the following entries:
blondinia [14]

When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be<u> Debit C. Kelly</u><u>, </u><u>Credit </u><u>Motor </u><u>vehicle</u><u>. </u>

When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.

The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.

In conclusion, the accounting entry for the above scenario would be <u>Debit C. Kelly, Credit Motor vehicle. </u>

<em>Find out more at brainly.com/question/20519391. </em>

4 0
2 years ago
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