I hope this helps ,and i hopes it's right!
B, this answer is correct,
my reason being is because Scholarships are based off of things that you can do in school or sports, and they do not give them out because you can beat box or burp loud.
Answer:
<u>Interpersonal influences and organizational factors.</u>
Explanation:
<u>Interpersonal influences</u> are those that include interests, status, and authority in an organization. It should be included in the approach for the potential new buyer to recognize the lead authorities and the interests of who might be their new supplier. It is also imperative that the marketing director include <u>organizational factors</u>, objectives, policies, and organizational processes in the approach to influence purchasing, as these factors are key to demonstrating credibility and viability for the new buyer.
Answer:
Future Value = $1,192,287.56
Explanation:
<em>The future value is the expected total sum that an investment is suppose to accumulate together with interest over a period of time at a particular interest rate.</em>
Where compounding is done done monthly, he future value is determined as follows:
FV = PV ×( (1+r)^n -1 )/ r
FV - Future Value , PV - present value r- monthly rate of interest , n- number of months
FV - ?
r- 8%/12 = 0.66%
n - 30× 12 =
PV - 800
FV = 800 × ( (1.00666)^(360) - 1 )/ 00666
= 800 × 1490.359449
= $1,192,287.56
The present value of the offer is $145,466.83
<h3>What is the present value?</h3>
The first step is to determine the present value of the growing annuity. The formula that would be used is:
x ![[1 - \frac{1 + g}{1 + r} ^{n} ]](https://tex.z-dn.net/?f=%5B1%20-%20%5Cfrac%7B1%20%2B%20g%7D%7B1%20%2B%20r%7D%20%5E%7Bn%7D%20%5D)
Where:
- p = base salary
- r = discount rate
- g = growth rate
- n = number of years
$35,000 / (0.12 - 0.04) = 437,500
1 - (1.04/0.12)^5 = 0.31
0.31 x 437,500 = $135,466.83
Present value = $135,466.83 + $10,000 = $145,466.83
Answer:
The effect of this error on 2003 ending working capital is that it overstated the ending 2003 working capital.
The error does not have effect on the 2004 ending retained earnings balance.
Explanation:
Let the amount of the commission expense be xxxx.
At the end of 2003, the journal entries should have been as follows:
Debit Commission expense for xxxx
Credie Commission payable for xxxx
Also, we have:
Working capital = Current assets – Current liabilities ………… (1)
From equation (1), current liabilities are understated because commission payable which was not recorded is an item under current liabilities. Since the current liabilities are understated, that indicates that the working capital in equation is overstated. Therefore, the effect of this error on 2003 ending working capital is that it overstated the ending 2003 working capital.
When the 2003 commission expense in the entries above was paid in 2004, it would have been recognized as an expense. This made the error to counterbalance. This implies that the 2004 ending retained earnings balance is still correct despite that there are errors in the earnings of the two years. Therefore, the error does not have effect on the 2004 ending retained earnings balance.
