Correct Answer:
Producer
Explanation:
Consumer is the one who buys the product and uses it. In this case consumer will be the friend.
Producer is the one who makes, builds or manufactures something and sell it to someone. According to the given example, if I make a cake and my friend buys the cake from me, I am the Producer.
Purchaser is the one who purchases the product. So the friend will also be a purchaser in this case.
Commodity is the raw material or the basic goods that can be sold.
So, the best answer to this question is producer.
Answer: The debit column of the trial balance was overstated.
Explanation: from the question, the asset purchased with a value of $18,950 was overstated in the asset asset account.
On the purchase of the asset, the asset account is to be debited and accounts payable account is to be credited and not debited. So the debit side of the trial balance was overstated by $18,950 * 2 = $37,900.
Answer:
If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.
Explanation:
I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.
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Answer:
This determination belongs to "W" in SWOT analysis.
Explanation:
SWOT is an analyzing technique of the organizations. It stands for Strength, Weakness, Opportunities, and Threats. Here, strength includes various resources in which the company is doing better whereas weaknesses include the inefficiency of the company. Opportunity refers to various other alternatives for the company and threat includes various possibilities or situations that can harm the company, for example, emerging competition. Therefore, we can say that not having sufficient funds is a part of “W” in the SWOT analysis.
Answer:
The cash flow to stockholders amounts to $45
Explanation:
Cash flow to stockholders is the term which is defined as the cash amount which the company pays out to the shareholders.
The cash flow to stockholders is computed as:
Cash flow to stockholders = Dividend paid - New equity raised
where
Dividend paid is computed as:
Dividend paid = Net Income × %
= $360 × 35%
= $126
New equity raised is $81
So, putting the values above:
Cash flow to stockholders = $126 - $81
Cash flow to stockholders = $45
