Answer:
• Payment
• Present value
• Future value
Explanation:
The payment function can be used to determine the periodic repayment of loans or any amount which is to be invested at io as to reach targeted amounts in future. The formula for a payment is given as:=PMT (rate, nper, pv, [fv], [type])
The Present value can be defined as a financial function in excel which used in determining the value of future cash flows relating to today's terms. That is, how much amounts which is receivable in the future is available today.The formulas for present value is given as:=PV(rate,nper,pmt,(fv),type))
The future value can be used when determining how much a certain amount or investment will be worth at future time. The formula fir calculating future value is FV A = A * {(1 + r)n - 1} / r.
It's the same because more money when It came out
Answer:
$14,300
Explanation:
Based on the information given we were told that the management of the company estimated that the amount in the uncollectible accounts will be the amount of $14,300 which means that the amount of $14,300 will be the balance of the Allowance for Bad Debts that should be reported on the company balance sheet.
Answer:
Option A Apologize for any trouble and explain the change to each customer.
Explanation:
The reason is that it is ethicaly correct because the change in policy is not minor, neither involves unethical practice of leg pulling of seniors nor agreeing all the complaints of the customer because he might be totally wrong. The sales person will have to explain the customer what actually the changes are in the policies and why it has adopted it. For the inconvenience caused to the customers, the company must apologize.
Incomplete question. Here's the remaining question;
A. It is a two-party instrument.
B. It necessitates that the seller has to be both the drawer and the payee.
C. It is always payable on demand.
D. It requires that the drawer is holding the drawee's money.
Answer:
C
Explanation:
Note that, to be always paid on demand implies that any time a request is made (demanded) to the bank will be fulfilled.
Therefore, an individual has a sense of security using checks to receive payments.