Answer:
the rate of return is 8.41%
Explanation:
given data
Present value = $120,000
Future value = $0
PMT = $15,000
NPER =12 years
solution
We will applied the rate formula that is.
The NPER reflects the time period.
and formula is that
NPER = Rate(NPER;PMT;-PV;FV;type)
so we get here
the rate of return is 8.41%
Answer:
The correct answer is letter "A": True.
Explanation:
The cost principle or historical cost establishes that an asset must be recorded at its face value at the moment when the asset is acquired. That cost is recognized as the value of the asset unless there is reasonable proof to state the opposite. Under this principle, any organization can register in its books an asset that has not been part of a transaction yet.
Answer:
A) $514,000.
Explanation:
Operating income = Gross profit - Operating expenses
Operating income = $629,000 - $115,000
Operating income = $514,000
<span>Governments use administrative trade policies to boost exports and restrict imports.
When the do this, they are helping producers but hurting the consumer. The administrative trade policies are taking away goods that consumers want by not allowing them to purchase or import the item.</span>
