Answer:
$7,960.4
Explanation:
Here
Yearly rate is 6% which means that quarterly rate would be 1.5% which is one fourth of yearly rate (6% * 1/4).
Monthly internship is $8,000.
Now by using the present value model, we have:
Present Value = Future Value / (1 + r)^t
Here t will be one third (1/3) as we are calculating the present value of a salary and the rate that we are using is quarterly which means one month is one third of a quarter (1/3).
This Implies that:
Present Value = $8,000 / (1 + 1.5%)^(1/3)
= $7,960.4
Answer:
B) money.
Explanation:
Characteristics of a negotiable instrument
- Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
- Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
- Rights: the transferee can take legal action to claim the honoring of the instrument.
- Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
- Monetary value: instruments carry a specific monetary value and must be paid in money.
Answer:
The trial balance of Kacy Spade showed total of $12,726 on both debit and credit as found in the attached spreadsheet
Explanation:
In preparing the trial balance, I showed the earlier postings into ledgers for those accounts that had more one transaction and I showed those ones with just a transaction in the trial balance colored-coded in yellow.
Trial balance tests the arithmetical accuracy of postings done in the ledgers by summarizing the ledgers' balances in the trial balance.
Answer:
Comprehensive Listening
Explanation:
Listening refers to the combination of how an individual gears and interprete an information. There are different types of listening;
1) Discriminative listening: This is a type of listening where an individual assigns meanings to sounds rather than the spoken words.
2) Comprehensive Listening:: The individuals assigns meaning to words and ideas. It involves noting the facts from information given by the speaker.
Jake is a comprehensive listener by noting important information and also writing down questions to be asked later.
3)Critical listening: This is when a listener analysis information and makes judgement based on the analysis.
4) Informational listening
5) Therapeutic listening
The answer is <span>$10,000.
</span><span>discount terms of 2/10, net/60 indicates that the discount of 2% will only apply if the payment is being done within 10 days.
Since the payment is being done 20 days after, the full price of the purchase must be paid by Jackson Ski.</span>