Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600
6 = $21,600
Out of which Prepaid Rent = $3,600
5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600
2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
This is an example of business marketing.
When somebody sells their goods and services to individuals or organizations for purposes other than personal use, that would be considered business marketing. These corporate offices won't use the goods for their personal use, but rather for work.
Answer:
Option B is Correct.
Explanation:
Serving the bottom of the pyramid means carrying in goods that are inexpensive by that class of the budget where individuals cannot afford luxuries like several advanced countries. They cannot afford high charges and would exploration for something affordable. Among the given examples Radical computer corp. which definite to build reasonable computers and install wireless arrangement to assist the humblest in getting these amenities which they generally cannot afford serves as an example of attending the bottom of the pyramid. Hence the answer is B
Answer:
The correct answer is D. equal to both average revenue and marginal revenue.
Explanation:
A perfectly competitive market or market of perfect competition is that market in which two characteristics are fulfilled:
1) there is a large number of buyers and sellers in such a way that the influence they individually exert on prices is negligible;
2) the goods or services that are exchanged are the same. [Supply and demand] Perfect competition is the situation of a market where companies lack the power to manipulate the price (price-acceptors), and there is a maximization of well-being.
This results in an ideal situation of the goods and services markets, where the interaction of supply and demand determines the price. A perfectly competitive market has the following characteristics: There are many buyers and sellers in the market. The goods offered by different vendors are largely identical. Companies can freely enter and exit the market.
Answer:
Bond price=$888.35
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate</em>
<em>Value of Bond = PV of interest + PV of RV</em>
The value of bond for Local School District can be worked out as follows:
Step 1
PV of interest payments
PV = A × (1+r)^(-n)/r
A-annul interest payment:
= 7.5% × 1,000× = 75
r-Annual yield = 8.6%
n-Maturity period = 25
PV of interest payment:
=75× (1- (1+0.086)^(-25)/0.086)
= 761.22
Step 2
<em>PV of Redemption Value</em>
= 1000 × (1.017)^(-25)
= $127.131
Step 3
<em>Price of bond</em>
=761.222 + 127.13
=$888.35