Answer:
The correct answer is B
Explanation:
Financial assets are those assets which is defined as the liquid assets and that derive or gets its value from the ownership claim or the contractual right. Its example are bank deposits, cash, mutual funds, bonds and stocks.
These are contributed indirectly to the productive capacity of the country because these (financial assets) permit or allow the individuals or business to invest in governments or firms, which in return allow the government and business to increase the productive capacity.
Answer:
focus on what its asking
Explanation:
and make it fun to read don't make it boring
Answer:
Cash was collected from customers during the year was $ 104,100
Explanation:
Sales revenue = $120,000
Bad debt expense = 2.5% of sales
Therefore, Bad debt expense = $120,000 x 2.5% = $3,000
Thus, allowance for uncollectible accounts should have increased by $3,000. But it increased by $2,100.
Therefore, uncollectible accounts receivable of $900 ($3,000 - $2,100) were written off during that year.
Cash collected from customers = Sales revenue - Increase in accounts receivable - Uncollectible accounts written off
= $120,000 - $15,000 - $900
= $104,100
Answer:
$116.78
$110.66
IRR is 3.03%
Find attached
Explanation:
The cash paid for the investment is the present value of all cash flows including coupon and face value promised by the bond discounted using the yield to maturity of 3.03%
=-pv(rate,nper,pmt,fv)
rate is the yield to maturity of 3.03%
nper is the number of annual coupon payments receivable by bondholders which is 10
pmt is the annual coupon=$100*5%=$5
fv is the face value of $100
=-pv(3.03%,10,5,100)=$116.78
Price after four years means that there are only six years left to maturity,hence, nper changes to 6
=-pv(3.03%,6,5,100)=$110.66
Answer:
1 unit of X must be sacrifised to gain a unit of Y, with satisfying Budget Constraint .
Explanation:
Budget Line shows the product combinations that a consumer can buy with given prices & money income (spending all) . Equation : P1X1 + P2X2 = M
Price ratio slope of the budget line i.e = P1/P2 : shows the amount of a good needed to be sacrifised to gain a unit of the other good , given prices & income.
So, Price Ratio : PX / PY = 2 / 2 = 1 in this case; implies 1 unit of Good X is needed to be sacrifised to gain a unit of good Y with given prices & income.
