Answer:
The correct option is (b)
Explanation:
Given:
Monthly payment for 6 months = $30 per month
Time period = 6 month (6 periods)
Monthly interest rate = 2%
In order to compute borrowed amount, present value of these payments need to be computed which is an annuity as same amount of $30 is paid.
Checking PVIFA table for 2%, 6 periods, annuity factor is 5.6014.
Borrowed amount = Monthly payment × PVIFA(2%,6)
= 30 × 5.6014
= $168.042
Borrowed amount is $168.042 or $168.22 approximately (difference in value due to annuity factor being rounded off)
Answer:
$610,000
Explanation:
According to the midpoint value, we have to find out the mid value of two amount.
As in the question, the sales for 1996 and the sales for 1998 are given and we have to find out the sales for 1997
So, by using the mid point formula approach, the sales for 1997 is
= (1996 sales + 1998 sales) ÷ (Number of years)
= ($500,000 + $720,000) ÷ (2 years)
= ($1,220,000) ÷ (2 years)
= $610,000
Therefore, the estimated sales value of the company for year 1997 is $610,000
Answer: (D) Styling
Explanation:
The coca-cola is changing the styling of products as it increase the marketing and the business. By changing the styling of existing product we make the product more attractive by developing new ideas on the product.
We can create and develop the new product by changing the existing drawbacks and create into the new styling of the product and also re-position the existing product in the market.
By advertising the new products on the different types of platform like the social media we advertising the brand of the products.
Therefore, Option (D) is correct.
Answer:
$35,000 (inflow)
Explanation:
Net investing cash flows is computed as follows;
Inflow:
Issued common stock $75,000
Sold equipment 40,000
Total $115,000
Less: outflow
Purchased land $60,000
Paid dividends 20,000
Total outflow $80,000
——————
Net investing cash flows $35,000
*positive cash flows (inflow is greater than outflow) will increase the amount cash of the company
*proceeds from the bank classified as financing activity
*paid employees and sold services to customers are fall under operating activities
Answer:
controlling, organizing, planning, and leading
Explanation:
From the question we are informed that Carol's manager is retiring and she will take over. And she will take over management position. Carol needs to have a general understanding of what it takes to be a manager. Therefore in this case, She will need to have knowledge about ✓controlling
✓organizing
✓planning
✓ leading
And all of these are managerial function which are managerial job role as regards to task-based perspective.
Organizing can be regarded as function of management which requires development of organizational structure as well as allocation of human resources so that objective of organization can be met
Planning which requires the manager to create plans so that goals and objectives can be achieved. It involves
delegation of responsibilities, allocation of employee resources
