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4 years ago

Spontaneous funds are generally defined as follows: Select one:

Business

1 answer:

MA_775_DIABLO [31]4 years ago

5 0

Answer:

The correct answer is letter "C": Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include immediate increases in accounts payable, accrued wages, and accrued taxes.

Explanation:

Spontaneous funds are all those incomes that a company receives without expecting them. The money can be received from different internal and external sources but they imply obligations. It means taxes are likely to be deducted after reporting the income in the firm's accounting books.

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Explanation: Mm mjhuuuuuuuuuuuuuuuuuuuuuh

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3 years ago

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The present value of the following cash flow stream is $8,250 when discounted at 8.7 percent annually. What is the value of the

nikklg [1K]

Answer:

The question is not complete,find attached complete question.

The missing cash flow is $2,901.77

Explanation:

In order to calculate the missing cash flow, I discounted the other cash flows given to present values using the formula PV=FV/(1+r)^n as is it in the attached spreadsheet.

Thereafter , I equated the present values to the total present value of $8250 given using X for the unknown cash flow, by solving this equation I arrived at the present value of the missing cash flow .

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4 years ago

If the price of biscuit per packet increased from N250 to N500 and the quantity bought per week decreased from 300 to 200 packet

Mars2501 [29]

Answer:

The the elasticity of demand for biscuit is -0.33.

Explanation:

Elasticity demand is the degree of responsiveness of quantity demanded for a commodity to a change in the price of that commodity.

The elasticity of demand for biscuit can be calculated using the following elasticity of demand formula:

Elasticity of demand = Percentage change in Qd / Percentage change in price .................. (1)

Where Qd denotes quantity demanded.

Percentage change in Qd = [(New Quantity - Old Quantity) / Old quantity] * 100 = [(200 - 300) / 300] * 100 = -33.33%

Percentage change in price = [(New price - Old price) / Old price] * 100 = [(N500 - N250) / N250] * 100 = 100%

Substituting the values into equation (1), we have:

Elasticity of demand = -33.33% / 100% = - 0.33

Therefore, the the elasticity of demand for biscuit is -0.33.

Note that since -0.33 in absolute term |-0.33| is less than 1, the demand for biscuit is inelastic. That is, the change in the quantity demanded for biscuit responds less than the change in its price.

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3 years ago

If stock is issued for a noncash asset, the asset should be recorded on the books of the corporation at A. a nominal amount. B.

Juli2301 [7.4K]

Answer:

correct answer is option C

Explanation:

correct answer is option C

fair value is the price which we will receive to sell an asset or paid to transfer the liability .It is the price of asset at which it is exchange between knowledgeable parties by there own will and not under any pressure.

when the assets is being exchanged at the market then this type of exchange is known as market value.

hence, the most suitable answer is option C FAIR VALUE

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3 years ago

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3 years ago

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