Answer:
$460,000
Explanation:
Given that,
Sales:
Jan. = $500,000
April = $490,000
Feb. = $740,000
May = $740,000
Mar. = $380,000
June = $610,000
Total cash receipts for April 2012:
= Cash receipts from February Sales + Cash receipts from March Sales + Cash receipts from April Sales
= (740,000 × 10%) + (380,000 × 50%) + (490,000 × 40%)
= $74,000 + $190,000 + $196,000
= $460,000
Answer:
D) $25,000.
Explanation:
The Accrual Basis of Accounting is the process in which income earned or expenses incurred are recorded at the time the transaction takes place, whether or not the cash has been exchanged.
Net Income is derived by subtracting Expenses from Revenue.
N.B. Prepaid Expenses are Advance Payments towards expenses and are a Balance Sheet Items and will not be recorded under Net Income Calculations until the Expenses are realized.
So, The Net Income can be calculated as follows;
Revenue $60,000
Less: Expenses $35,000
Net Income $25,000
Hence Option D will be correct answer.
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Answer:
The answer is: Annuity B has a smaller present value than annuity A.
Explanation:
The present value is the current value of a future cash flow. Money today is worth more than money earned tomorrow or in a year. So the sooner you receive a payment, its present value will be higher.
For this question, annuity A starts paying TODAY (higher present value), while annuity B starts paying in ONE MONTH.
B. underperform those who hold investments for the long term and trade infrequently.
Research indicates that investors who closely monitor their portfolios and trade quickly in response to minor fluctuations in price underperform those who hold investments for the long term and trade infrequently.
<h3>Why do investors underperform?</h3>
Market timing is the first explanation. Individual investors attempt to decide whether to invest in stocks and when to withdraw funds from them. Despite the fact that we are aware of the market's unpredictability, investors frequently invest during bull markets and exit during down markets. This is seen in the money flows into and out of mutual funds during stock market extremes. Your return will be negatively impacted if you buy high and sell low.
The fees that investors spend are the second factor contributing to their poor market performance. The majority of investors are unaware of their costs and don't care. They fail to understand how a few dollars here and there could possibly make a difference. They believe the fees and charges don't exist since they can't see them.
Learn more about investors here:
brainly.com/question/13602963
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