Answer:
a. 4 years
b. 19 years
c. 19 years
d. 25 years
Explanation:
The number of years, n is calculated for each future value as follows :
a. $1,360
Pv = - $1,000
Pmt = $ 0
P/y = 1
r = 8 %
Fv = $1,360
n = ?
Using a Financial Calculator, the number of years, n is 3.9953 or 4 years
b. $2,720
Pv = - $1,000
Pmt = $ 0
P/y = 1
r = 8 %
Fv = $2,720
n = ?
Using a Financial Calculator, the number of years, n is 13.00 or 13 years
c. $4,316
Pv = - $1,000
Pmt = $ 0
P/y = 1
r = 8 %
Fv = $4,316
n = ?
Using a Financial Calculator, the number of years, n is 19.00 or 19 years
d. $6,848
Pv = - $1,000
Pmt = $ 0
P/y = 1
r = 8 %
Fv = $6,848
n = ?
Using a Financial Calculator, the number of years, n is 24.9991 or 25 years
Answer:
c. Financial Accounting
Explanation:
Financial Accounting focuses on the preparation of financial statements in under the Financial Reporting standards of IFRS - International Financial Reporting Standards or GAAP - Genarally Accepted Accounting Principles.
This branch looks into the presentation and disclosure of items that meet the definition and recognition criteria of assets, liabilities, income, expenses and equity in the financial statement.
The users usually targeted by these statements are the third parties that include shareholders, potential shareholders, tax authorities and creditors to mention but a few.
Creating a customer profile helps identify markets because the information on it is too persuade the buyer, customer or Purchaser. I'm in 6th grade don't judge x
Wm. Wrigley Jr. Company once made only chewing gum. When Wrigley bought Life Savers (a line of candy mints) and altoids (a line of breath mints) from Kraft, chewing gum then constituted less than 95 percent of revenues. Thus, Wrigley was moving away from its traditional single-business strategy toward a dominant strategy.
How do you define revenue?
Revenue is the revenue from normal operations calculated by multiplying the average selling price by the number of units sold. This is the top line (or gross income) from which expenses are subtracted to determine net profit. Revenue is also known as income statement revenue.
An example of revenue?
Examples of Revenue Accounts: Sales, Service Revenue, Acquisition Fees, Interest Revenue, Interest Income.
What is the revenue of the company?
Your Annual Revenue is the amount of money your business has made from his annual sales. This does not include costs and expenses. To calculate annual revenue, multiply the quantity of each product sold by the retail price, then add the annual sales of each product to arrive at the total annual revenue.
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