Answer:
The payback period is 3.53 years.
Explanation:
The cost of investment project = $10000
The annual cash flows = $2830
Time period = 6 years
Since cost of project, annual cash flow and time period is given so we are required to calculate the discounted payback period when there is 0 % discount rate.
Payback period = Initial project cost / annual cash flow
= 10000 / 2830
=3.5335
= 3.53 years
Answer:
a.- $ 3,529.82
b.- $ 3,512.11
c.- $ 132,77
Explanation:
In each case, we must calculate the value of their current savings and the additional investment.
The saving are the same for each scenario so let's calculate that first:
Principal 1,500.00
time 15 years
rate 0.01000
Amount 1,741.45
Then we add the funds generated from the investment:
a.- 110 annuity due for 15 month:
C $ 110
time 15 months
rate 0.01
FV $1,788.3651
We add the savings and get a total of: $ 3,529.82
b.- 110 ordinary annuity
C $ 110
time 15 months
rate 0.01
FV $1,770.6585
Plus, original savings of 1,741.45 = 3,512.11
c.-
If they need 3,900 then the fund must cover the difference between these and the savings future value:
3,900 - 1,741.45 = 2,158.55
Now we calculate the PMT, considering the payment are at the beginning:
FV $ 2,158.55
time 15
rate 0.01
C $ 132.770
If you need to indicate the missing ammount of each letter in the grahp then it will be like follows:
For the first case:
A = $9,600 + $5,000 + $8,000 = $22,600$22,600 + $1,000 – B = $17,000
B = $22,600 + $1,000 – $17,000 = $6,600$17,000 + C = $20,000
C = $20,000 – $17,000 = $3,000
D = $20,000 – $3,400 = $16,600
<span>E = ($24,500 – $2,500) – $16,600 = $5,400
</span><span>F = $5,400 – $2,500 = $2,900
</span>And now for the second case:
G + $8,000 + $4,000 = $16,000
G = $16,000 – $8,000 – $4,000 = $4,000$16,000 + H – $3,000 = $22,000
H = $22,000 + $3,000 – $16,000 = $9,000(I – $1,400) – K = $7,000(I – $1,400) – $22,800 = $7,000
<span>I = $1,400 + $22,800 + $7,000 = $31,200
</span>J = $22,000 + $3,300 = $25,300
K = $25,300 – $2,500 = $22,800$7,000 – L = $5,000
<span>L = $2,000</span>
Answer:
Loyalty program
Explanation:
Loyalty programs: This is a program which is used to encourage customers to patronise a business more frequently and also purchase more products.
Loyalty program involves giving incentives such as discount, access to new product in order to motivate customers.
A loyalty program involves the operator and the participants. The operator set up an account for a customer and issue a loyalty card to the customer. The loyalty card identifies the card holder as a participant in the program. The participant is entitled to incentives related to the program.
Loyalty card can also be called various names such as 'reward card', 'advantage card', and so on.
Answer:
D) Debit petty cash, $350.
Explanation:
You must journalize all the expenditures as follows:
Dr Postage Expense account 100
Dr Business Lunches Expense account 150
Dr Delivery Fees Expense account 75
Dr Office Supplies Expense account 25
Cr Petty Cash account 350
Petty cash is not an expense, so it should not be debited.
