Answer:
Explanation:
Total revenue is the amount of money you got for selling all of your products/services.
Marginal revenue is the amount of money you got for selling the last unit of goods or services.
Answer:
Explanation:
In order to find the highest amount david can pay or in other words the present value of the investment we would have to discount the cash flows
3000/1.08+3000/1.08^2+3000/1.08^3+3000/1.08^4+3000/1.08^5=11,978
Answer and Explanation:
Debit bad debt expense for $40,000 and credit allowance for uncollectible accounts for $40,000
Answer:
b. yield to maturity
Explanation:
The future cash flows of the bonds are discounted to the present value using the yield to maturity or market related rate of the bond. The required return of the bond represents the coupon payments that the bond is offering.
Answer:
A. First mortgage lien
Explanation:
A claim on a residential property due to unpaid bills is called lien. If lien is placed in homes title then the owner cannot sell, or transfer a clear title of the ownership to home or refinance it. It is meant to ensure that creditors receive their payment. Liens are different from unpaid charges for improvement and maintenance. The first lien is of the higher priority than other liens.