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andriy [413]
3 years ago
13

When discussing time-value-of-money it is necessary to understand some key terminology. Which of the following terms refers to a

fixed amount of money paid or received at the end of every period (i.e. a series of equal lump sums)?
A. Future value
B. Present value
C. Ordinary annuity
D. Annuity due
Business
1 answer:
Elanso [62]3 years ago
5 0

Answer:

C. Ordinary annuity

Explanation:

The ordinary annuity is the sequence amount of an equivalent lump sum containing a fixed amount of money to be paid or earned at the end of each term. Periods here can be in weekly, monthly, semi-annual or semi-annual, or annual. The number should be the present value

Thus, the appropriate choice is c.

Therefore, all the remaining options are wrong

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Marta_Voda [28]
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6 0
3 years ago
For 2017, P Co. estimated its two-year equipment warranty costs based on $23 per unit sold in 2017. Experience during 2018 indic
goblinko [34]

Answer:

In 2018 income from continuing operations.

Explanation:

A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.

Therefore first option is correct

5 0
3 years ago
Suppose that an additional 350 hours per week can be obtained from the milling machines by working overtime. The incremental cos
LUCKY_DIMON [66]

Solution :

It is given that :

Additional time obtained per week from milling machines = 350

The incremental cost = $ 2 per hour

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Also we have to consider the impact on the profit of 2.25 which is an incremental cost of 1.5 is well affordable.

6 0
3 years ago
All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of eac
Sever21 [200]

Answer:

D

Explanation:

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5 0
3 years ago
What is strategic prospecting and what is each stage in the strategic prospecting process?
elixir [45]

Answer:

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Explanation:

1) Generating Sales Leads

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2) Determining Sales Prospects

3) Prioritizing Sales Prospects

4) Preparing for Sales Dialogue

5) Remaining stages in the trust-based sales process

8 0
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