Answer:C
Explanation:most of their decision overseen by corporate executive..in an organization where profit is the main target every decision must be thoroughly checked
Answer:
is a medium of exchange but not a unit of account
Answer: Please see explanation column for answers
Explanation:
A) Amount refund owed to customer=
Sale of item - discount on item
=$28000- ($28000 x 2%) = $27,440
B)Journal of the entries made by the seller to record refund
Dr Sales Returned and allowances - $28,000
Cr Sales Discount $560
Cr Cash $27,440
c) Journal of the entries made by the seller to record return of merchandise
Cr Merchandise Inventory-$16,800
Dr Cost of Merchandise Sold -$16,800
Answer:
The annuity would cost him $1,082,988.93
Explanation:
To find the answer, we use the present value of an annuity formula:
P = A [(1 - (1 + i)^-n )/ i ]
Where:
- P = Present value of the annuity (the value we are looking for)
- A = Value of the annuity payments ($78,000 in this case)
- i = interest rate (in this case 5.15% or 0.0515)
- n = number of compounding periods (in this case: 25 years)
Now, we plug the amounts into the formula and solve:
P = $78,000 [(1 - (1 + 0.0515)^-25)/0.0515]
P = $1,082,988.93