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3 years ago

One advantage of credit is that it can give you a float time between buying the product and when you need to pay for it.

Business

2 answers:

Sergio039 [100]3 years ago

6 0

Answer: It's True

Explanation:

erik [133]3 years ago

4 0

Answer:

true

Explanation:

i just took the test

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You have just won the state lottery and have two choices for collecting your winnings. You can collect $100,000 today or receive

WINSTONCH [101]

Answer:

The present value Option 1 = $100,000

The present value Option 2 =$97.368,57‬

Explanation:

The formula to calculate Present Values is equal to:

Present Value = FV / (1+r) ∧n

Let´s calculate Present Value for Option 2:

PV1 = $20,000 / (1+0,10) ∧ 1= $18,181.82

PV2 = $20,000 / (1+0,10) ∧ 2= $16,528.92

PV3 = $20,000 / (1+0,10) ∧ 3= $15,026.29

PV4 = $20,000 / (1+0,10) ∧ 4= $13,660.26

PV5 = $20,000 / (1+0,10) ∧ 5= $12,418.42

PV6 = $20,000 / (1+0,10) ∧ 6= $11,289.47

PV7 = $20,000 / (1+0,10) ∧ 7= $10,263.16

PV1 + PV2 +PV3 +PV4 + PV5 + PV6 + PV7 = $97.368,57‬

3 0

3 years ago

Help Please NO FAKE ANSWERS PLEASE I REALLY NEED HELP (economics)

soldier1979 [14.2K]

If your a busy small business owner, taking time away from your store makes you less efficient. The trade offs for using this premium service are 1. your spending more money 2. control over quality. Vise versa if your paying more for the “best groceries” then that may not be an issue. Also be aware that another issue is stocking, going to the store yourself does not guarantee that the store will have all items in stock when you go. 3. Time, taking time to grocery shop takes away from your business or the cost of an employee to watch the business or do the shopping for you having you rely on a third party’s judgment. 4. Gas, the cost of gasoline to go to and from the store. If all these are added up then you are essentially paying more for your “in person” groceries as it is. Choosing to grocery shop yourself saves you money (although how much? Once everything is taken into account?) but again the time it takes away is significant. For a busy small business owner time is extremely important and this is why the trade off of cost or added expenses for groceries may be worth it. (I hope this helps guide you in answering this question).

3 0

2 years ago

A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit t

nalin [4]

Answer:

a. Cash for $180

Explanation:

The receipts from the petty cash fund indicate that the owner of the box made purchases adding up to $177. Therefore that money is no longer part of the fund. Since the fund holds $200 and currently only has $20 then to replenish the account the journal entry would need to include a credit to cash for $180 ... ($200-$20=$180)

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

3 years ago

Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the

wariber [46]

5.5 percent loan for 60 months

4 0

3 years ago

When a company invests in a foreign firm, and holds active ownership of the firm, then the company is said to be in a joint vent

Irina18 [472]

Answer: TRUE

Explanation: JOINT VENTURE is a business agreement whereby two or more entities share the ownership, expense, return on investments, profit, control etc. To gain a positive synergy from their competitors.

It can between private entity, public entity or a foreign entity.

It allows risk and return associated to an investment or business to be shared among the parties as agreed

It can be for a long or short period of time

8 0

3 years ago