Answer:
wax
Explanation:
Raw materials are the components or ingredients used to manufacture finished goods. They are the unprocessed materials that go through the production process or refining to give a consumable product.
Wax is the main raw material in the production of candles. A company involved in making candles need a source of wax to stay in business.
Answer:
Because different insurance networks provide seperate benefits. For example a health insurance provider would give you injury-related insurances etc.
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
Answer:
PV= $620,921.32
Explanation:
Giving the following information:
Cash flow (Cf)= $100,000
Interest rate (i)= 7.25%
<u>First, we need to calculate the value of the investment at the moment of the first payment (five years from now). </u>To calculate the present value we need to use the following formula:
PV= Cf / i
PV= 100,000 / 0.1
PV= $1,000,000
<u>Now, the value today:</u>
PV= FV / (1 + i)^n
PV= 1,000,000 / (1.1^5)
PV= $620,921.32
