I think it’s 3 and 4 as the answer.
Answer:
The correct answer is c. utility.
Explanation:
The correct answer is c. utility. Beulah wants to make a choice that is profitable as well as not compromising on her leisure time, she wants to make a choice to maximize her UTILITY. Utility means to be profitable and or useful. There is no budget constraint or opportunity cost that she should be concerned about.
Answer:
Explanation:
Solution
Given that:
Flyer company provided the following information stated below:
Cash sales = $169,000
Thew Selling and administrative expenses = $129,000
Sales returns and allowances, =$49,000
Gross profit,=$509,000
Accounts receivable= $295,000
Sales discounts =$33,000
Allowance for doubtful accounts credit balance =$3,100
Now,
we find the balance in the allowance of the doubtful accounts
Thus,
Flyer company debt expense = 2.5%
The sales in credit is = $469,000
Thus,
We calculate both the bad debt expense for Flyer's company and it's credit sales of
which gives us this,
Flyers debt expense that is bad = 2.5% * $469,000
= $11.25
Answer:
$3,119.62
Explanation:
We use the present value formula i.e to be shown in the attached spreadsheet below:
Given that,
Future value = $10,000
Rate of interest = 5.91% ÷ 2 = 2.96%
NPER = 20 years × 2 = 40 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price of the bond is $3,119.62