Answer:
rate = 5.24 %
so correct option is d. 5.24%
Explanation:
given data
purchased bond initial amount = $3,000
Maturity amount = $5,000
time period = 10 years
to find out
interest rate earn on this bond
solution
we know here initial amount and final amount with time period so
we will apply here Maturity amount formula that is
Maturity amount = initial amount ×
.................1
put here value we get
Maturity amount = initial amount ×
5000 = 3000 ×
1.6667 - 1 =
solve it we get
rate = 5.24 %
so correct option is d. 5.24%
Answer:
Under the act, the seller bears the loss alone.
Explanation:
Since in the given question it is mentioned that on march 7 the buyer and seller comes into the contract and on April 15 the property is destroyed so as per the given act, here the seller party bears the liability for the loss alone as he is full responsible of it also the closing is to be on June 10
Therefore the above should be the answer
Answer:
Business Analysis
Explanation:
The development of a new product is comprised of eight stages, Business Analysis is the 4th stage. Other stages include Idea generation, idea screening, concept testing, product development, test marketing, commercialization and the review of market performances.
Business Analysis is the stage involved in the evaluation or assessment of projected or expected costs, sales and profits from the new product being development. This is called the attractiveness of the business. A product that is unable to generate enough sales and profit to cover it costs and boost the overall income of an organisation cannot be said to be attractive.
To find out the commercial profitability of the company, some of the following questions are asked in the business analysis stage:
- What is the potential cost of the new product?
- What is the total sales expected to be?
- Will the new product be commericially profitable?
- what will our expected advertising and promotion expenses be?
- What kind of competition should we expect with the new product?
- What will the demand for the product be according to different seasons?
Assuming that you're talking about the Federal's budget, road building and maintenance is an On-Budget expenditure
On-budget expenditures are those that included in regular annual budget,
meanwhile off-budget expenditures are those that included in regular annual budget
Maintaining public utilities to ensure people's safety is included on annual budget
Answer:
Debit Accounts receivable $3,000
Credit Consulting Revenue $3,000
Explanation:
Based on the information given if the company provides consulting services and bills its customer the amount of $3,000 for these services the appropriate journal entry On December 31 will be:
On December 31
Debit Accounts receivable $3,000
Credit Consulting Revenue $3,000