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4 years ago

The present value of a lump sum future amount:

Business

1 answer:

QveST [7]4 years ago

4 0

Answer: <em>Increases as the interest rate decreases. </em>

Explanation:

From the given options, we can state that <em>"the present value also known as present discounted value of the lump sum future value will increase if the interest rate decrease"</em>, this is due to the fact that if in case the interest rate tends to decrease then the Present Value Factor would respectively become higher which in terms would signify that Present Value would become higher.

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Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of $95 per chair. The variable cost of

-BARSIC- [3]

Answer:

Contribution Margin Income Statement

+Sales Revenue 1,400 x $95 = $133,000

-Variable production costs 1,400 x $65 = ($91,000)

-Variable selling costs 1,400 x $2 = ($2,800)

=Contribution Margin $133,000 - $91,000 - $2,800

= $39,200

-Fixed production costs ($13,000)

=Net profit = $39,200 - $13,000

= $26,200

7 0

4 years ago

What is the broad term that refers to all other terms listed below. The term can apply to all divisions and departments (such a

Vladimir79 [104]

Answer:

C. Policies

Explanation:

Policy is the broad term that can apply to all divisions and departments (such as "We are an equal opportunity employer"), or to a single department ("Employees in this department must take at least one training and development course each year").

Policy can be defined as the set of rules, ideas and principles of action that are adopted to guide an organization.

6 0

3 years ago

Is the type of competition that occurs in a competitive market without identical producers.

amm1812

Answer:

Monopolistic

Explanation:

The type of competition that occurs in a competitive market without identical producers is a monopolistic one.

8 0

3 years ago

Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me

vazorg [7]

Answer:

Budgeted amounts: June July August

1. Purchases $1,480,000 $1,570,000 $1,220,000

2. Cost of goods sold $1,240,000 $1,770,000 $1,190,000

Explanation:

The computations are shown below:

Budgeted amounts: June July August

Ending accounts payable $130,000 $300,0000 $120,000

Payments on account $1,500,000 $1,400,000 $1,400,000

Subtotal $1,630,0000 $1,700,000 $1,520,000

Beginning accounts payable ($150,000) ($130,000) $300,000)

Purchases $1,480,000 $1,570,000 $1,220,000

Budgeted amounts: June July August

Beginning inventory $260,000 $500,000 $300,000

Purchases $1,480,000 $1,570,000 $1,220,000

Cost of goods available for sale $1,740,000 $2,070,000 $1,520,000

Ending inventory (500,000) (300,000) (330,000)

Cost of goods sold $1,240,000 $1,770,000 $1,190,000

7 0

3 years ago

National income is other wise called a) Real income b) nominal income c) Gross National product d) money income

svetlana [45]

Answer:money income

Explanation: I think it’s money income not for sure though

8 0

3 years ago