<span>Which of the following statements are true?
A) A bank's assets are its sources of funds.
B) A bank's liabilities are its uses of funds.
C) A bank's balance sheet shows that total assets equal total liabilities plus equity capital.
D) A bank's balance sheet indicates whether or not the bank is profitable.</span>
Answer:
Present Value = $290.20
Explanation:
The present value of a future payment can be calculated with the following formula:
PV = FV / (1 + i)N
Where i is the annual interest rate or discount rate, and t is the number of years until the payment will be received.
PV = Present Value = ?
FV = Payment = $4,400
i = 8.3% = 0.083
N = 20 - 6 = 14
PV = $4400 / (1 + 0.083)(20 - 6)
PV = $4400 / (1.083 * 14)
PV = $4400 / 15.162
PV = $290.1992
Present Value = $290.20 (Approximated)
Answer:
Record of transaction is given below
Explanation:
given data
Selling price of goods = $900
Cost of goods sold = $590
solution
we get here Record of transaction in Rita Company that is
Inventory accounts Dr $900
Account payable Cr $900
and
Record of transaction in Linus Company is
Account receive able Dr $900
Sales revenue Cr $900
and
Cost of goods sold Dr $590
Inventory Cr $590
Answer:
Promotional mix.
Explanation:
In a person's day to day involvement in business, their are key patterns and methods that are used as target strategies to promote his/her business, Therefore this mix model is explained as the collection of tools you use that explicitly in enhancing of business, products, or services. The keys that are used most times use are personal selling, direct marketing, and sales promotions, also personal approach and also advertising play vital roles too. This model design directly shows its target audience values, features of the products or services you offer. This helps differentiate you from your competition and drive sales.
