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Answer:
$79,500
Explanation:
According to the company's sales collection pattern, in October it will collect 10% of the August sales, 65% of the September sales and 25% of the October sales. Money collected in October (M) is:
$79,500 are expected to be collected in October.
Answer:
the value of the project is $16,096.88
Explanation:
The computation of the value of the project is shown below:
= (Expected amount generated per year × (1 - (1 ++ rate of returm)^-time period )) ÷ rate of return
= $36,950 × [1 - 1.1^-6] ÷ 0.1
= $16,0926.88
Hence, the value of the project is $16,096.88
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The statement is false. The correct option is B.
Explanation:
The statement is false because the product warranties are those warranties which are provided at the time of sale of the product but they are not expensed in the account in the period when the product is sold as these warranties are claimed by the customer when they face any defect in the product so it is uncertain in which year this will happen. So, they will be expensed when the customer will claim the product warranty.
Therefore, the correct option is B.
Answer:
A
Explanation:
Have two years of professional experience