The consistency principle states that businesses should use the same accounting methods and procedures from period to period.
The definition of consistency means that the thickness or something stays the same, is made the same, or looks the same. An example of consistency is a sauce that pours easily from a jug. An example of consistency is when all tests a student takes are graded using the same grading scale.
“Consistency is a combination of behaviors that includes reliability, trust, and a genuine desire to have a partner and pursue a serious relationship.” Good communication prolongs life.
Learn more about consistency here
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Answer : $4938.80
A sinking fund is a term that can be broadly used to describe putting a fixed amount of money aside at regular intervals for a given time frame and investing this money at a given interest rate with an objective of saving a desired amount of money at the end of the time period.
In finance it's referred to commonly as an annuity payment.
For this question, we can use the formula for Future Value of an annuity to arrive at the answer.
![FVA = P\left [ \frac{(1+r)^{n}-1}{r}\right ]](https://tex.z-dn.net/?f=%20FVA%20%3D%20P%5Cleft%20%5B%20%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5Cright%20%5D%20%20)
where
FVA = future Value of an annuity
P = periodic payment
r = interest rate per period
n = number of periods
The following information is given in the question:
FV = $120,000
Interest Rate = 8% p.a
No. of years = 5 years
No. of compounding periods in a year = 4
So,
i =0.02
n = 20 ( 5 * 4)
Substituting these values in the FVA equation, we have
![120000 = P\left [ \frac{(1+0.2)^{20}-1}{0.02}\right ]](https://tex.z-dn.net/?f=%20120000%20%3D%20P%5Cleft%20%5B%20%5Cfrac%7B%281%2B0.2%29%5E%7B20%7D-1%7D%7B0.02%7D%5Cright%20%5D%20)
![120000 = P\left [ \frac{0.485947396}{0.02}\right]](https://tex.z-dn.net/?f=%20120000%20%3D%20P%5Cleft%20%5B%20%5Cfrac%7B0.485947396%7D%7B0.02%7D%5Cright%5D%20)
.
The military of department of defense gives/administers the ASVAB
Explanation:
The US defense department is a federal government administrative branch with the task of coordinating and overseeing all government departments and activities closely connected to the US military and national defense.
The Armed Services Vocational Aptitude Battery (ASVAB) has been established by the Department of defense and is a thoroughly studied and very well-respected aptitude test.
It tests the abilities and performance prospects of a young person in military school.
Answer:
- <u><em>option C. 1331.</em></u>
Explanation:
The question asks for an estimate of 11.4³.
To calculate 11.4³ exactly to must multiply 11.4 × 11.4 × 11.4.
But to have an estimate, the easiest way is to round 11.4 to 11 and find 11³ = 11 × 11 × 11.
That is not a difficult operation.
That is equal to 11² × 11.
- 11² is a common square, which you should know that it is 121. Else, you can multiply 11 × 11 easily and obtain 121:
11 × 11 = (10 + 1) × 11 = 110 + 11 = 121
11 × 121 = (10 + 1) × 121 = 10 × 121 + 121 = 1210 + 121 = 1331
There you have your answer: option C. 1331.
Answer:
The answer is: A) is the sum of all individual demand curves.
Explanation:
By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.
