We are given with the data: A = <span>$6,951.20 per semi-annum that is $13902.4 per annum, i equal to 1.75% compounded semi-annually, and asked for P or the present worth to maintain the withdrawal for 15 years.
the formula to be used is attached in the file (third one). substitute the i = 0.0175, n = 30, A = </span>$13902.4 and get P.
Answer:
If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.
Answer:
- a. Proceeds from Condemnation of Land
- c. Cash paid for unexpected major equipment repairs
Explanation:
The Cash Flow statement records only activities that affect the cashflow of the company. The Investing Activity section of the Cashflow statement deals with capital goods (PPE) and investments in other company securities.
The proceeds from land condemnation will go to the Investing activities section as it has to do with capital goods and the cash paid for unexpected major equipment repairs will see the equipment being used in the long term so it goes to Investing as well.
Answer:
The correct answer to the following question is warehousing.
Explanation:
Warehousing can be defined as process in which banks and lenders would provide mortgage loans to consumers , with the intention of quickly selling those loans in the secondary market. Here the individual loans would be bundled together based on some common element like size of the mortgage or the creditworthiness of the borrowers and all these loans would be sold as a single unit.
