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2 years ago

When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes ________.

Business

1 answer:

miskamm [114]2 years ago

4 0

Answer:

The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

Explanation:

As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.

Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.

So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.

Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

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You are planning to save for retirement over the next 30 years. To do this, you will invest $750 per month in a stock account an

Alex

Answer:

The withdrawals will be of $ 11,379.014 per month

Explanation:

Future value of the annuities:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 750.00

time 360(30 years x 12 monhs per year)

rate 0.008333333 (10% / 12 months)

$750 \times \frac{1-(1+0.00833)^{-360} }{0.008333} = PV\\$

PV $1,695,365.9436

$C \times \frac{(1+r)^{time} -1}{rate} = PV\\$

C 250.00

time 360 (30 years x 12 monhs per year)

rate 0.005 (6% / 12 months)

$250 \times \frac{(1+0.005)^{360} -1}{0.005} = PV\\$

PV $251,128.7606

Total 1,695,365.84 + 251,128.76 = 1.946.494,6‬

and from here we withdraw for 25 years:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 1,946,495

time 300 (25 years x 12 months)

rate 0.004166667 (5% / 12 months)

$1946494.6 \div \frac{1-(1+0.004167)^{-300} }{0.004167} = C\\$

C $ 11,379.014

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2 years ago

An organizational culture most likely to shape high ethical standards among its members is one that? ________.

Oksi-84 [34.3K]

I believe the answer is -A!

Have a Warm and Wonderful Day!!

8 0

3 years ago

If we have eight decisions to make and 3 choices for each decision, how can we represent the number of potential outcomes

AveGali [126]

We can represent the number of potential outcomes by 3 to the power 8.

<h3>What is permutation and combination?</h3>

Permutation relates to the act of arranging all the members of a set into some sequence or order.

We can assume, for two choices, we have one decision. This can be represented as, since we have eight decisions,

Representation of the potential outcomes are:

= 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1

= 3^8

= 6,561

Learn more about permutation and combination here: brainly.com/question/21014199

#SPJ1

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1 year ago

_____ are the taken-for-granted beliefs and philosophies that are so ingrained that employees simply act on them rather than que

Serggg [28]

Answer:

5. Basic underlying assumptions

Explanation:

Basic underlying assumptions represent the core and essence of culture which are too difficult to observe because they exist in unconscious levels and least observable part of a culture. They can be taken lightly but they have a great influence and form the key to understanding why things are they way they are.

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2 years ago

Equipment that cost $875,000 and had a book value of $390,000 was sold for $450,000. Data from the comparative balance sheets ar

Archy [21]

Answer:

a. $1,400,000.

Explanation:

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2 years ago