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antiseptic1488 [7]
3 years ago
12

Cora’s company sold equipment to a competitor on June 1, 2020, where they both agreed to an installment sales contract with a ra

te of 8%. If this contract requires 8 equal payments due annually starting June 1, 2020, then a:_______.
Business
1 answer:
maw [93]3 years ago
6 0

Answer:

in order for Cora's company to properly record this sale it must use the present value of the future payments.

First it must calculate the 8 equal payments (we could do it using a loan calculator or excel spreadsheet), and then it must calculate the present value of the payments either individually using PV = FV(n) / 1.08ⁿ or by using a table with the future value of the annuity.

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The postal service of St. Vincent, an island in the West Indies, obtains a significant portion of its revenues from sales of spe
klemol [59]

Answer:

It is more profitable to maintain the price at $10

Explanation:

Giving the following information:

The souvenir sheets cost the postal service $1.15 each. St. Vincent has been selling these souvenir sheets for $10.00 each and ordinarily sells about 61,000 units. To test the market, the postal service recently priced a new souvenir sheet at $11.00 and sales dropped to 51,000 units.

We need to calculate the actual revenue and decide whether it is more convenient to increase the price or leave it as it is.

Actual revenue= 61,000 units* (10 - 1.15)= $539,850

New revenue= 51,000 units*(11 - 1.15)= $502,350

It is more profitable to maintain the price at $10

8 0
3 years ago
JLR Enterprises provides consulting services throughout California and uses job-order costing system to accumulate the cost of c
Shkiper50 [21]

Find full question attached

Answer and Explanation:

Answer and explanation attached

6 0
3 years ago
Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m
maxonik [38]

Answer:

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing more about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, the following is the reason of this:

A) ​Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

  • The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
  • The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
  • The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
  • The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

4 0
3 years ago
4 classes are required. each class must be extended as specified, include the components noted and function as indicated. greeti
Ket [755]
So each 4 classes requisite that an average should be divided so yea!!!!! good luck with that
5 0
3 years ago
At a Hallmark store you can find several lines of greeting cards, including Fresh Ink, Nature's Sketchbook, Shoebox, Maxine, Mah
vova2212 [387]

Answer:

Demographic.

Explanation:

Market Segmentation  is the process of dividing a particular market into sections, which display similar characteristics or behaviour.

There are a number of segmentation variables that allow an organisation to divide their market into homogenous groups.

Types of Segmentation:

-Psychographic Segmentation.

-Geographic Segmentation.

-Demographic Segmentation.

Age- Businesses often target certain age groups. Good examples are toothpaste – look at the variety of toothpaste products for children and adults) and toys (e.g. pre-school, 5-9, 10-12, teen, family) .

Gender- We all know that males and females demand different types of the same product. Great examples include the clothing, hairdressing, magazine, toiletries and cosmetics markets .

Income- Many companies target rich consumers with luxury goods (e.g. Lexus, Bang & Olufsen). Other businesses focus on products that appeal directly to consumers on low incomes (e.g. Aldi and Lidl (discounted groceries) and fast-fashion retailers such as TK Maxx) .

Social class- Many businesses believe that a consumers "perceived" social class influences their preferences for cars, clothes, home furnishings, leisure activities and other products & services.

8 0
3 years ago
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