Answer:
sales orientation
Explanation:
Sales Orientation -
It is the business method to make profit just by selling the products to the customer rather than considering the needs of the customer , is known as sales orientation .
This method is adapted by to increase the profit margin.
Hence , from the question , the company is using , sales orientation .
Answer:
a. $46,000
see the other answers in the explanation
Explanation:
(a) Fair value of leased asset to lessor $245,000
Less: Present value of unguaranteed residual value $24,335 X .63017
(present value of 1 at 8% for 6 periods) $15,335
Amount to be recovered through lease payments $229,665
Six periodic lease payments $229,665 ÷ 4.99271 $46,000*
*Present value of an annuity due of 1 for 6 periods at 8%.
b.
(c)
1/1/17
Lease Receivable 245,000
Cost of Goods Sold 229,665
Sales Revenue 229,665
Inventory 245,000
1/1/17
Cash 46,000
Lease Receivable 46,000
12/31/17
Lease Receivable 15,920
Interest Revenue 15,920
1/1/18
Cash 46,000
Lease Receivable 46,000
12/31/18
Lease Receivable 13,514
Interest Revenue 13,514
Answer:
Explanation:
Monthly interest = 6 / 12 = .005
principal amount a₀ = 30000
an denote the amount owed at the end of the month
amount owed at the end of one month
a₁= 1.005 x a₀ - 600
amount owed at the end of 2 nd month
a₂= 1.005 x a₁ - 600
amount owed at the end of nth month
an = 1.005x an-1 - 600 for n ≥ 1
Descriptions about simple interest and yearly compounded interest are true are :
- Only compound interest has an exponent in its formula.
- Simple interest is only earned on the original principal investment.
- Compound interest is earned on principal and interest.
<h3>What is
simple interest and compound interest?</h3>
Simple interest is the one that the calculation is based on principal, or of a loan.
Compound interest is base on principal amount as well as the accumulated interest of previous periods.
Learn more about simple interest at:
brainly.com/question/20690803