Answer:
a. Single
b. Compounding
Explanation:
Lump sums refers to a single payment that is made to a person or an organisation at a specified time. This is different from installment payment that is made as a number of smaller payments over a specified period of time.
Compounding refers to a method of reinvesting earnings or profits from assets or investment with aim of generating extra earnings over time.
Compounding is the foundation of Future Value (FV) as it considers the present value (PV) of an asset, the total number of years, how frequent the compounding takes place in a year, and the annual interest rate as given in the formula in the question which represented as follows:
FV = PV(1 + I)^N
Where;
FV = Future Value
PV = Present Value
I = annual interest rate
N = number of years
Therefore, single payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss below.
Finding the future value (FV), or compounding, is the process of going from today's values to future amounts.
I believe the best choice for this answer is "A. goverment"!
It is the government's job to provide for the people and that includes public goods.
Answer:
estimated inventory is $395000
C is correct option
Explanation:
given data
Inventory = $300000
sales = $1300000
purchases = $875000
gross profit = 40%
to find out
estimated inventory
solution
we find estimated inventory by this formula
estimated inventory = Inventory + purchases - (100% - 40%)sale
put here all value
estimated inventory = 300000 + 875000 - (100% - 40%)1300000
estimated inventory = 300000 + 875000 - 780000
estimated inventory = 395000
so estimated inventory is $395000
C is correct option
Answer:
$148,500
Explanation:
Data given
Sales = $150,000
Rate of discount = 10
The computation of Ziff Corp. cash received from customer is shown below:-
Total collection = Sale × (1 - Rate of discount)
= $150,000 × (1 - 0.01)
= $150,000 × 0.99
= $148,500
Therefore for computing the total collection we simply applied the above formula.
Answer:
8.63%
Explanation:
The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:
N=17(number of annual coupons in 17 years)
PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)
PV=-1120(the current price is $1,120)
FV=1000(the face value of the bon is $1000)
CPT
I/Y=8.63%
EXCEL APPROACH:
=rate(nper,pmt,-pv,fv)
nper=N=17
=rate(17,100,-1120,1000)
rate=8.63%
