-A contract is legally binding.
Answer:
C. $1,000
Explanation:
The computation amount is shown below:-
Interest rate per period = Interest rate per annum ÷ Number of compounding per annum
= $8.00 ÷ 1
= 8%
Number of periods = Number of years × Number of compounding per annum
= 21 × 1
= 21
Present value = Future value × (1 ÷ (1 + rate of interest)^number of years)
= $5033.83 × (1 ÷ (1 + 8%)^21)
= $5033.83 × (1 ÷ (1.08)^21
= $5033.83 × (1 ÷ 5.033833715
)
= $5033.83 × 0.198655748
= 0.999999262
= $1,000
Therefore for computing the present value we simply applied the above formula.
Answer:
Accounts Recevable will be reported with same gross value 35000
Explanation:
The accounts receivable keep the same balance, the difference is that you have to add an assets current account named allowance for uncollectible accounts with a credit balance for the amount indicated 6300, and the net value of accounts receivable it's 28700.
Answer:
Post-interview follow-up
Explanation:
Post-interview follow-up is done after an interview has been conducted to clarify any areas that were unclear, did not adequately provide insight, or that was contradictory.
It also provides reinforcement of points already captured in the interview process.
On this instance Rafael is the Fraud Unit manager. He received an interview report from Stefano. Stefano then interviewed Rafael to get clarifications and corrections on the interview report. This is done in the post-interview follow-up.
Answer:
Upward sloping
Explanation:
An increase in the demand for movies will increase the salaries of actors because the demand for actors will increase. In long-run overall supply of the movies will be high, which is why, the supply curve for the movies will be upward sloping. Increase in the supply of movies in long-run will be depicted by upward supply curve.
