1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rjkz [21]
3 years ago
12

The local electronics store is offering a promotion​ "1-year: same as​ cash," meaning that you can buy a tv​ now, and wait a yea

r to pay​ (with no​ in
Business
1 answer:
shtirl [24]3 years ago
3 0

Answer:

$961.54

Explanation:

To calculate the real price of the TV you would have to determine the present value of the TV's price. The future price of the TV is $1,000 and your discount rate is 4% annual (the same as your bank), so the present value of the TV =

present value = future value / (1 + rate) = $1,000 / 1.04 = $961.54

You might be interested in
The purchase of raw materials on account in a process costing system is recorded with a:A. Debit to Purchases and credit to Cash
Mashcka [7]

Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".

Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.

6 0
3 years ago
Where in the CAFR would one find the long-term liability for revenue bonds (paid from the revenues of an enterprise fund)?
Fed [463]

Answer:

C. The government-wide Statement of Net Position and the proprietary funds Statement of Net Position

Explanation:

CAFR ( Comprehensive Annual Financial reporting ) is provides accurate, summarised, and meaningful information. There are three sections of this reporting as below.

  1. Introduction
  2. Financial
  3. Statistical

In government-wide statement, The capital is reported on the net basis on financial statements.

6 0
3 years ago
Eric manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
kow [346]

Answer:

The correct answer is a. menu costs .

Explanation:

Menu costs are those that arise from changes in product prices. In order to implement any sudden change of this type, it is necessary to carry out a very thorough analysis in order to determine if it is profitable for an organization to make changes in prices, this action determines if said increase is enough to cover the costs of that change.

5 0
3 years ago
Read 2 more answers
There are several bridges along highway 280 which are free to ride on. This bridge was built and is being maintained by the gove
Oliga [24]

Answer:

The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.

Explanation:

Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.

There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.

3 0
3 years ago
A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons
artcher [175]

Answer:

Martina

Javier :

Kama

Explanation:

The people that would participate in the market are those whose willingness to pay is higher than the market price for the grill.

The willingness to pay is the highest amount a person would be willing to pay for a good

Martina : $400 > $300  would participate

Javier : $350 > $300 would participate

Kama : $320 > $300 would participate

Lina : $200 < $300 would not participate

5 0
3 years ago
Other questions:
  • Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly ea
    14·2 answers
  • What are two companies that are becoming extinct from the digital disruption?
    11·1 answer
  • What is a private club tabc
    11·2 answers
  • Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
    13·1 answer
  • A pension fund that begins with $500,000 earns 15% the first year and 10% the second year. At the beginning of the second year,
    15·1 answer
  • Taylor Company purchased a piece of equipment for $2,000 several years ago. It would cost $4,000 to replace that piece of equipm
    15·1 answer
  • The purpose of advertising is _____. to convince consumers that they can benefit from a product or service to entertain consumer
    7·1 answer
  • On January 1, 2019, Upward Company purchased a copy machine. The machine costs $320,000, its estimated useful life is 8 years, a
    7·1 answer
  • Computing Basic and Diluted Earnings per Share Soliman Corporation began the year 2018 with 25,000 shares of common stock and 5,
    10·1 answer
  • Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!