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Art [367]
4 years ago
15

The industry-low, industry-average, and industry-high cost benchmarks on p.6 of each issue of the Footwear industry report

Business
1 answer:
pashok25 [27]4 years ago
4 0
<span>You would look at the different costs on the industry report. This can tel you a lot. Averages are when you take a sum of all of the different areas and then divide that by how many areas there were. This lets you know roughly how the industry is doing.</span>
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Stephen plans to purchase a car 5 years from now. The car will cost $43,011 at that time. Assume that Stephen can earn 7.11 perc
olga nikolaevna [1]

Answer:

$30,174.74

Explanation:

The computation of present value is shown below:-

Future value = Present value × (1 + Rate of interest ÷ 1200)^12 × time period

$43,011 = Present value × (1 + 7.11 ÷ (12 × 100)^(12 × 5)

$43,011 = Present value × (1 + 7.11 ÷ 1,200)^60

$43,011 = Present value × (1 + 0.005925 )^60

Present value = $43,011 ÷ (1 + 0.005925 )^60

= $43,011 ÷ (1.005925 )^60

= $43,011 ÷ 1.425397857

= $30,174.73317

or

= $30,174.74

Therefore for computing the present value we simply applied the above formula.

We also attached the spreadsheet for better understanding

In compounded monthly, the interest rate is divided by 12 months and the time period is multiplied by 12 months and the same is to be considered

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3 years ago
A promissory note can best be described as
sergejj [24]
A promissory note is a promise to pay someone back, it can best be described as a loan.
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3 years ago
Read 2 more answers
Cortez Company updates its inventory records perpetually. The company's records showed a beginning inventory of $21,000, cost of
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Answer:

$31,000

Explanation:

Data provided

Cost of goods sold = $29,000

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The computation of inventory purchased during the year is shown below:-

Cost of goods sold = Beginning inventory + Purchase inventory - Ending inventory

$29,000 = $21,000 + Purchase - $23,000

Purchase inventory during the year = $31,000

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3 years ago
A check returned by a bank because the issuer's cash account balance could not cover the check is called a(n):
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4 years ago
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Well, i think hansberry's word choices in describing the setting tell us that the family is living in harmony and happiness.
We can see it on this line: 
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