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Irina18 [472]
3 years ago
15

Which of the following statements is true?

Business
1 answer:
netineya [11]3 years ago
4 0

Answer:

d. The present value of perpetuity varies directly with the annual repayments.

Explanation:

A perpetuity is a security or bond which pays a fixed amount of cash flow at a fixed interval forever. So the amount it pays stays the same and it keeps paying for ever. The formula to find the present value of a perpetuity is

Cash flow of perpetuity/Interest Rate

So if the annual payment is 100 and the interest rate is 5% the present value of the annuity is

100/0.05=2,000

If we keep the interest rate the same at 5% and increase the cash flow by 100 to 200 the new present value of the perpetuity is

200/0.05=4,000

This proves that the present value of a perpetuity varies directly with the annual repayments or cash flow of perpetuity.

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Merchandise costing $2,000 is sold for $3,000 on terms 2/30, n/60. If the customer pays within the discount period, what amount
madam [21]

Answer:

The amount that will be reported on the income statement as net sales is <u>$2,940</u> and as gross profit is <u>$940</u>.

Explanation:

Given:

Merchandise costing $2,000 is sold for $3,000 on terms 2/30, n/60.

If the customer pays within the discount period.

Now, to find the amount reported on the income statement as net sales and as gross profit.

Cost of merchandise = $2,000.

As, merchandise sold for $3,000.

So, to get the net sales we deduct the discount:

Merchandise on terms 2/30, n/60.

3,000-2\%\ of\ 3000\\\\=3,000-\frac{2}{100}\times 3000\\\\=3,000-0.02\times 3000\\\\=3,000-60\\\\=\$2,940.

<u><em>Thus, the net sales is $2,940</em></u>.

Now, to get the gross profit we subtract cost of merchandise from net sales:

\$2,940-\$2,000\\\\=\$940.

<em><u>Hence, gross profit is $940.</u></em>

Therefore, the amount that will be reported on the income statement as net sales is $2,940 and as gross profit is $940.

7 0
3 years ago
Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m
maxonik [38]

Answer:

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing more about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, the following is the reason of this:

A) ​Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

  • The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
  • The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
  • The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
  • The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

4 0
3 years ago
Explain in detail two engagments. ASAP
dexar [7]

Answer:

easy a

Explanation:

easy a

3 0
3 years ago
Cheryl is watching the weather forecast for an outdoor senior picnic project that she planned to determine whether the picnic wi
ch4aika [34]

Answer:

Monitoring and Controlling

Explanation:

Note that, in Project management  process stages there are typically five phases:

  1. initiating,
  2. planning,
  3. executing,
  4. controlling and
  5. closing.

However, from this scenario in which Cheryl is watching the weather forecast for an outdoor senior picnic project, it shows that she is monitoring and trying to control all aspects of the planned picnic project against the risk of bad weather.

4 0
3 years ago
Which of the following is not an example of how you can reduce the full
andrezito [222]

To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.

<h3>What is higher education?</h3>

Higher education is the education that a person accesses to specialize professionally in an area of ​​knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.

<h3>What to do to reduce the value of higher education?</h3>

To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.

Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.

Learn more about higher education in: brainly.com/question/2500637

#SPJ1

7 0
2 years ago
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