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4 years ago

A ___________ to A/P represents cash paid to creditors.

Business

2 answers:

lana66690 [7]4 years ago

7 0

Answer:

Credit

Explanation:

Remember that in accountability, a credit is somthing that is owned or added or owed to you, and debits is something that you had to pay, a debt or a spent, so in this case since it is you paying off some loan or to someone that you owed money to then that is a credit in your favor in the A/P so the correct word to complete the sentece would be "Credit".

lyudmila [28]4 years ago

6 0

The normal side of account payable is on the credit side which means the supplies, services, or purchases a company bought is on credit terms. This is used as opposed to cash when you can't pay for the purchase yet. So, a debit to accounts payable means there is a payment made to a supplier or vendor.

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Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch

KengaRu [80]

Answer:

initial investment $100,000

useful life 15 years

cash flow per year = -$2,000 + $12,000 = $10,000

discount rate 5%

discounted cash flow:

1 $10,000/1.05 = $9,524

2 $10,000/1.05² = $9,070

3 $10,000/1.05³ = $8,638

4 $10,000/1.05⁴ = $8,227

5 $10,000/1.05⁵ = $7,835

6 $10,000/1.05⁶ = $7,462

7 $10,000/1.05⁷ = $7,101

8 $10,000/1.05⁸ = $6,768

9 $10,000/1.05⁹ = $6,446

10 $10,000/1.05¹⁰ = $6,139

11 $10,000/1.05¹¹ = $5,847

12 $10,000/1.05¹² = $5,568

13 $10,000/1.05¹³ = $5,303

14 $10,000/1.05¹⁴ = $5,051

15 $10,000/1.05¹⁵ = $4,810

A) discounted pay back period = 14.2 years

B) if the decision rule is a discounted payback period of 3 years, then the project should be rejected

C) the decision rule should be the NPV, which is actually positive since the DPBP is less than 15 years. Only companies that fear premature obsolescence should base their decision on the pay back period. Since this is an electronics company, it is sound to use the pay back period as a decision parameter besides the NPV.

6 0

3 years ago

Suppose someone borrows $552,000 today to buy a house in Davis, CA. If the annual interest rate is 4%, with monthly compounding,

galina1969 [7]

Answer:

Monthly Repayment on Loan = $2634.06

Explanation:

given data

principal = $552,000

annual interest rate = 4% = 0.333% monthly

solution

for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months

so now we apply here Monthly Repayment on Loan formula that is

Monthly Repayment on Loan = principal × $\frac{r(1+r)^t}{(1+r)^t -1}$ .................1

put here value and we get

Monthly Repayment on Loan = 552000 × $\frac{r(1+0.333)^{360}}{(1+0.333)^{360} -1}$

Monthly Repayment on Loan = $2634.06

4 0

3 years ago

Mateo gets an email from an address he doesn't recognize asking him to send money. It is a young student who is stranded oversea

Soloha48 [4]

No, most likely it’s a scam. People like to scam people to get money now a days. It’s just a way for “easy” money for people who are desperate!

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3 years ago

Read 2 more answers

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for simil

Ann [662]

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is also called copy cat method of pricing and involves a pricing that is based on prices charged by similar businesses for a product or service. The business copy cats the prices of competitors. On the other hand structured pricing is done based on the firm's internal determination of the value of a product.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. He is using no structured pricing.

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3 years ago

Read 2 more answers

Stone Pine Corporation, a calendar year taxpayer, has ending inventory of $160,000 on December 31, 2018. During the year, the co

bezimeni [28]

Answer:

The answer is $215,000

Explanation:

Cost of goods sold equal:

Opening/beginning inventory plus purchases minus closing/ending inventory

To find beginning inventory at January 1, 2018, lets rearrange the formula:

Cost of goods sold minus plus purchases plus closing/ending inventory.

Cost of sales is $470,000

Purchases is $415,000

Ending inventory is $160,000

Therefore, beginning inventory at January 1, 2018 is

$470,000 - $415,000 + $160,000

=$215,000

3 0

3 years ago