Answer:
Sales revenue = $408,823.60
Explanation:
we must first determine the present value of the note:
PV = $515,000 / (1 + 8%)³ = $515,000 / 1.08³ = $408,823.60
discount on the note = $515,000 - $408,823.60 = $106,176.40
the journal entry should be:
January 1, 2021, school buses sold to Elmira School District
Dr Notes receivable 515,000
Cr Sales revenue 408,823.60
Cr Discount on notes receivable 106,176.40
I have no idea what’s the answer
I am answering because I need points to ask my own question
BTW have a nice day!
Answer:
(e) none of the above is true.
Explanation:
<u>Note: The question appeared incomplete. Thus, a similar question has been attached for reference purpose and the question has been solved accordingly</u>
A risk averse investor is defined as someone who is unwilling to assume risk in return for a higher return. As we know, higher the risk, higher would be the return.
An investor with higher degree of risk aversion i.e someone who is averse or against assuming any risk would not prefer a riskier portfolio.
Sharpe ratio depicts return which is earned above risk free rate of return, per unit of risk assumed.
A Risk averse investor would prefer investing at a risk free rate of return despite the return being less.
A risk averse investor would prefer investing in govt treasury bills or government treasury bonds which would offer low but assured return with nil risk.
Thus, the correct option is (e) none of the above is true.
Answer: See explanation
Explanation:
Based on the information that has been given in the question, the MRP will be calculated as the multiplication of the total packages that was delivered by the revenue that was gotten from one package. This will be:
MRP = 1750 × 0.25
= $437.5
The MRC based on the question = $250
Based on the above, a profit of $187.5 ($437.5 - $250) will be earned.
The government could achieve reduction of cigarette consumption to by imposing a per-unit tax on cigarettes of 200 billion packs per year
<h3>What can Taxation achieve?</h3>
A taxation refers to compulsory levies on individuals, business by the governments on their income, operation etc.
In conclusion, apart from the revenue that tax generates for the government official, its also serves as tool for controlling consumption.
Read more about taxation
<em>brainly.com/question/25783927</em>