Answer:
n= 6.11 years
Explanation:
Giving the following information:
Present value= $40,000
Future value= $20,000
Decrease rate= 0.12
<u>To calculate the number of years for the car to reach a value of $20,000; we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(20,000/40,000) / ln(1.12)
n= 6.11 years
Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the technological dimension. Therefore, the option C holds true.
<h3>What is the significance of technological dimension?</h3>
A technological dimension can be referred to or considered as the dimension that is driven heavily and dependent completely upon the forces of technological developments. It is an external factor for the changes in business organizations, or the industries at large.
Therefore, the option C holds true and states regarding the significance of technological dimension.
Learn more about technological dimension here:
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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the
a. legal-political dimension b. economic dimension O c technological dimension O d. natural dimension
Answer:
First Scenario:
The furniture store should develop a system which helps keeps track for the purchases made on account. The system should keep track of invoices and payment due dates. The system should notify the team when the payment due date is near. The system should have controls for identifying duplicate payments.
Explanation:
Second Scenario:
The account payable clerk should keep track of all the invoices entered in the system. The system controls should be efficient so that there is no duplicate payment or missed payment. The system should notify the user when any duplicate invoice entering attempt is made. There should be authorization of invoices before they are entered in the system. The payment process should be segregated between 2 or more users so that there is less risk for fraud.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Budgeted Sales:
January $ 237,400
February 251,400
March 336,600
Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible.
Cash collection March:
Cash sales= 336,600*0.3= 100,980
Credit Sales March= (336,600*0.7*0.1)= 23,562
From February= (251,400*0.7*0.5)= 87,990
From January= (237,400*0.7*0.36)= 59,824.8
Total= 272,356.8