The adjustable rates for life policy loans in Florida are based on Moody's Corporate Bond Index. These bonds have a maturity life of 30 years and are highly rated to earn more value and money as time progresses. The Moody Corporate Bond Index is also know as Moody's Seasoned Corporate Bond Yield.
The money that is actively circulating is specifically identified as CASH. It is a part of the money supply.
Basic money supply are all the cash held by the public either on hand or in their transaction accounts like savings or checking accounts. These are all money because they have the ability to purchase goods and services aside from cash exchanges.
<u>Calculation of the cost of goods sold (cogs) for the month;</u>
It is given that Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month, they had 8,000 cups left. It means the Cups sold are (20,000-8000) = 12,000 cups
And the Cost of 12,000 cups sold shall be $1400*12000/20000 = $840
Hence the cost of goods sold (cogs) for the month is <u>$840.</u>
The business venture created by Johnson is effectively s sole proprietorship.
<h3>What is a sole
proprietorship?</h3>
A sole proprietorship is a type of business venture that is owned by a single individual. A sole proprietorship has an unlimited liability. This means that when the business is unable to meet its debt obligations, the properties of the sole proprietor can be used to settle the debt.
To learn more about sole proprietorship, please check: brainly.com/question/15132409
Answer:
$54,042.77
Explanation:
For computing the amount need to have in your bank today we need to apply the present value formula i.e to be shown in the attachment
Given that,
Future value = $0
Rate of interest = 0.76%
NPER = 4 quarters × 4 = $3,600
PMT = $3,600
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $54,042.77
