Answer:
Business analysis
Explanation:
The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not
So the given situation represents the business analysis stage
Answer: $10,746
Explanation:
Using Compound interest formula
A= p(1+r/n) *nt
A= final amount =?
P= initial principal =$8, 000
r = interest rate = 0.1
n= nob of times interest applied(3)
t=nob of times period elapsed (3)
A = 8,000 (1+0.1/3) *9
A = 8000 (3+0.1/3) *9
A= 8000 (3.1/3) *9
A = 8000 (1.0333) *9
A = 8000 × 1.34327
A= $10,746
Answer: $0
Explanation:
Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.
This means that the amount that should be recorded for the Forward Contract should be $0. Even though the contract is valued at $0, it will still need to be credited against the amount to be received to at least recognize that a forward contract was entered into.