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4 years ago

PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!

Business

2 answers:

sweet-ann [11.9K]4 years ago

7 0

Credit that is automatically renewed as debts are paid off.

bixtya [17]4 years ago

4 0

Revolving credit is credit that is renewed as your debts pay off.
Credit cards are a good example of this.
Therefore, the answer should be the last choice: Credit that lets the borrower choose how much credit to use, and when to pay it.

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Balmforth Products, Inc. makes and sells a single product called a Bik. It takes three yards of Material A to make one Bik. Budg

prohojiy [21]

Answer:

the desired ending inventory for JUne is 4,350 yards

Explanation:

the computation of the desired ending inventory for JUne is shown below;

= June production × given percentage × number of yards taken

= 14,500 units × 10% × 3 yards

= 4,350 yards

Hence, the desired ending inventory for JUne is 4,350 yards

The same should be considered and relevant

3 0

3 years ago

Which of the following capital asset-related transactions would most likely be accounted for through a Capital Projects Fund? A

saw5 [17]

Answer:

The correct answer is C. Construction of a general government office building.

Explanation:

A capital project refers to investments made in order to generate future profits on sale or rent and which are shared among several project investors. The construction of an office building would be classified within this group, since the utility will be given from the lease of the construction for the execution of activities typical of the general government. Within the investment structure, the usufruct of the real property is conceived in order to recover the investments made within a period of time. These projects generally involve banks and entities with a high level of capital that create trust funds that separately manage the accounts of these associations.

7 0

3 years ago

What are things to consider before opening a business?

artcher [175]

You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!

7 0

3 years ago

If they spend all night writing computer programs, Laurence can write 10 programs, and Carrie Anne can write 5. If they spend al

nikitadnepr [17]

Answer:

B. Laurence; both programs and sunglasses

Explanation:

A person has absolute advantage in the production of a good or service If he produces more quantity of the good when compared to other people.

Lawrence produces more quantities of both programs and sunglasses (10,6) when compared with Carrie Anne (5,4)

I hope my answer helps you

7 0

4 years ago

A store offers two payment plans. under the installment plan, you pay 25% down and 25% of the purchase price in each of the next

Ann [662]

Answer

a-1 . The Present Value of the installment plan is $94.38.

We calculate the PV of $25 for each of the three following years with the following formula:

$PV_{Annuity} = Constant Payment * PVIFA_{0.04,3}$

where

PVIFA = Present Value interest factor of an annuity of $1 at 4% for 3 years.

$PVIFA_{0.04,3} = 2.77509103$

We can ascertain this in excel by using the syntax : =pv(0.04,3,-1).

In this syntax, 0.04 is the interest rate, 3 is number of periods and since the annuity is $1 we write 1. We need to put in -1 because otherwise, we'll get the answer as a negative number. This is because excel treats any Present Values as outflows, and records them as negative.

Substituting the values above in the preceding equation we get,

$PV_{Annuity} = 25 * 2.77509103$

$PV_{Annuity} = 69.3772758$

In order to find the Present Value of the installment plan, we need to add the down payment of $25. So,

$PV_{instalment} = $25 + 69.3772758$

PV of instalment = $94.38

a-2. We get a 6% discount when we pay in full, so the purchase price of the product becomes:

$Purchase price = 100 - (100*0.06)$

$Purchase price = $94 (100 - 6)$

Since the purchase price of the pay in full plan is lesser than that of the installment plan, the pay in full plan is a better option.

b-1. The Present Value of the installment plan is $90.75.

Since the first instalment falls due only after one year, we calculate the PV of $25 each of four years with the following formula:

$PV_{Annuity} = Constant Payment * PVIFA_{0.04,4}$

where

PVIFA = Present Value interest factor of an annuity of $1 at 4% for 4 years.

$PVIFA_{0.04,4} = 3.62989522$

We can ascertain this in excel by using the syntax : =pv(0.04,4,-1).

Substituting the values above in the preceding equation we get,

$PV_{Annuity} = 25 * 3.62989522$

$PV_{Annuity} = 90.7473806$

b-2. In this case, the PV of the pay in full plan remains at $94 while that of the instalment plan falls to $90.75. Since the PV of the Instalment plan is lower, we'll choose the instalment plan.

6 0

3 years ago