3 years ago

An advantage I have a credit card is that you can’t spend more money than you actually have

1 answer:

6 0

False credit card is taking credit (money) from the bank to pay back w interest plus when you dont pay it back you go in debt therefore ultimately leading to bankruptcy

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An airport in Japan is planning to purchase a parcel of land for building additional executive hangars in five years. The price

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Answer:

The airport should invest a uniform amount of $A=$ $357,958.55

Explanation:

First of all, we need to know how much will cost the land in five years so we have, $F=2000000*(1+0.05)=2100000$ , that means that the future value of the land will be $2'100,000.

Now we can use $A=\frac{F}{\frac{(1+i)^{n} -1}{i} }$ with $F=2100000, n=5$ and $i=8$ %, so we have $A=\frac{2100000}{\frac{(1+008)^{5} -1}{0.08} }=357958.55$

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3 years ago

What is the uses of trading, profit and lost account

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The profit and loss account is used to determine the net profit of the business. The starting point for the profit and loss account is the balance carries down from the trading account which is the gross profit of business. Hope this helped you out...

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3 years ago

A process with no beginning work in process, completed and transferred out 85500 units during a period and had 49400 units in th

AlekseyPX

Answer:

C. 95380 equivalent units

Explanation:

Equivalent units is the term used for proportionately equally completed units. This is basically used for allocation of overheads.

Here, actually completed that is 100% complete units = 85,500 units

Further units under work in process = 49,400

Which are 20% complete.

This means that incomplete 49,400 units = 49,400 $\times$ 20% = 9,880 units 100% complete

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Federated investors has a LOAN , with each mutual fund being managed by several portfolio managers who together take responsibility for the fund's performance.

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