Answer: $13,000
Explanation:
Given that,
Beginning inventory = $10,000
Inventory purchased = $8,000
Ending inventory = $5,000
Company uses the periodic inventory method,
Cost of goods sold = Beginning inventory + Inventory purchased - Ending inventory
= $10,000 + $8,000 - $5,000
= $13,000
Advertising is money spent by companies to sell goods and services.
Answer:
7.44 %
Explanation:
The Yield to Maturity (YTM) is the Interest rate that makes the Present Value of Coupons and Principle equal the Market Price or Current Price of the Bond.
The Yield to Maturity can be calculated using a financial calculator as follows :
PV = - $100
N = (15 -2) × 2 = 26
PMT = ($100 × 7.30%) ÷ 2 = $3.65
FV = $103
P/YR = 2
YTM = ?
Therefore, Inputting the values in the calculator as shown gives the Yield to Maturity is 7.44 %.
Answer:
$56,703
Explanation:
P=R(1-(1+i)^-n/i
Where P=500,000
R=?
i=10%
n=15
500,000=R(1-(1+.1)^-15/.1
R=500,000/7.61
R=$56,703
Answer:
affiliate marketing
Explanation:
When someone searches for a company' s product he or she enjoys , promote and sells such product and earns bonus or profit, it is called affiliate marketing. It is a situation whereby one(affiliate) earns a comissiom by promoting another company' s product.
Affiliate marketing is mostly done on the internet . Affiliates identify themselves with a brand they enjoy and then refer people to patronize it. By so doing, they earn a commission on every sale they make on behalf of the company.
Although some people(affiliates) goes to the extent by having a blog to promote a company' s product, one can start by just advertising the product
which will eventually leads to sales and then earn comission.