Answer:
n= 6.11 years
Explanation:
Giving the following information:
Present value= $40,000
Future value= $20,000
Decrease rate= 0.12
<u>To calculate the number of years for the car to reach a value of $20,000; we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(20,000/40,000) / ln(1.12)
n= 6.11 years
Answer:
A,D
Explanation:
The two solutions that should be recommended when a app is configured as a Connected App in Salesforce. In regards to the nature of this app, UC would prefer to take the suitable or right measures to properly secure access to the app are as follows:
A. The Use Google Authenticator as an added part of the login process.
D. Also Setting Login IP Ranges to the internal network for every of the app users’ Profiles.
A connected app is known as a framework that authorize or allow an external application to merge or blend with Salesforce using APIs and also standard protocols, such as OpenID Connect, SAML, OAuth.
Connected apps make use of these protocols to perform some actions such as authenticate, authorize, and also provide single sign-on (SSO) for external apps.
They restrict when you can withdraw your money
Answer:
23.33%
Explanation:
Data provided in the question
Net sales in one year = $750,000
And, the next year net sales = $925,000
So by considering the above information, the percentage change in using horizontal analysis is
= Difference in amount ÷ Net sales in one year
= ($925,000 - $750,000) ÷ ($750,000)
= ($175,000) ÷ ($750,000)
= 23.33%
Answer:
April,
- Sales is zero
- Net income is zero
- Net cash flow is an outflow of $100,000 (used in the purchase of raw materials)
May,
- Sales is $150,000
- Net income is $500,00
- Net cash flow is zero
And in June;
- Sales is zero
- Net income is zero
- Net cash flow is an inflow of $150,000 (amount received from customers)
Explanation:
In April, the company purchased raw materials (Sugar and Peppermint) for $100,000. The entries posted are debit to Inventories and Credit to Cash account (both amounting to $100,000 each).
As such in April,
- Sales is zero
- Net income is zero
- Net cash flow is an outflow of $100,000 (used in the purchase of raw materials)
It produces its candy and sells it to distributors in May for $150,000, but it does not receive payment until June.
When the sale is made in May, the entries required is Debit accounts receivables $150,000 and Credit Sales revenue $150,000. Also, Debit cost of goods sold $100,000 and Credit Inventories $100,000.
Net income is the difference between sales and cost of sales.
As such in May,
- Sales is $150,000
- Net income is $500,00
- Net cash flow is zero
For June,
Payment for goods sold in May were received, entries posted are debit to cash account and a credit to accounts receivables (both balance sheet accounts), hence;
- Sales is zero
- Net income is zero
- Net cash flow is an inflow of $150,000 (amount received from customers)
