Answer:
Option D is correct
Explanation:
Due to the increase in awareness amongst target market would increase consumers demand of product which would increase revenue.
Anything that's intangible means you cannot touch it. You can touch the land (with your feet), and you can touch a building. Neither are intangible assets.
An assembly cost is intangible, but it's not an asset. It's a cost. Assets are things with long term value - a cost is something spent.
A patent has value in the future - someone with the patent owns the ability to make a product. That makes it an asset. It's also a right and not able to be touched.
Thus, the patent is an example.
Answer:
It will take 6 whole years to be able to withdraw all the money
Explanation:
To calculate the number of years it will take for the present value in your account to reach the future value we can adopt the expression below;
FV = PV (1 + r/n)^(nt)
where;
FV = the future value of the initial investment
PV = Present value of the initial investment
r = the annual interest rate
n = the number of times that interest is compounded per unit t
t = the time the money is invested for
In our case;
FV=$6,600
PV=$4,400
r=8/100=0.08
n=interest is compounded annually which is once a year=1
t=unknown
Replacing values in the formula;
6,600=4,400(1+0.08/1)^(1×t)
6,600=4,400(1+0.08)^t
6,600=4,400(1.08)^t
1.08^t=6,600/4,400
1.08^t=1.5
ln 1.08^t=ln 1.5
t×ln 1.08=ln 1.5
t=(ln 1.5)/ln 1.08
t=5.3 years
It will take 6 whole years to be able to withdraw all the money
Answer:
The correct answer is $30,000.
Explanation:
According to the scenario, the given data are as follows:
Own investment = $20,000
Debt from bank = $10,000
As the business is sole proprietor, there is unlimited liability of the loss whether it is own investment or borrowed from a bank.
So, the total loss can be calculated as:
Total loss = Own investment + Debt from bank
= $20,000 + $10,000
= $30,000
Hence, the total loss is $30,000.
Answer: 40000
Explanation:
The physical units for conversion cost will be calculated as follows:
= Units completed and transferred out + (Equivalent units for conversion costs - Units completed and transferred out /Completion percentage)
= 32000 + (36000 - 32000 / 50% )
= 32000 + (4000/50%)
= 32000 + 8000
= 40000
